ST. mA￿HEWs
PAROCHIAL CHURCH COUNCIL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST DECEMBER 2024
MANNINGTONS
39 HIGH STREET
BArrLE
EAST SUSSEX
TN33 OEE

St Matthew's Church, St Leonards-on-sea
Re8iSlcred Charity No. 1139019
ANNUAL REPORT
AND
FINANCIAL STATEMENTS
OF THE
PAROCHIAL CHURCH COUNCIL
OF THE ECCLESIASTICAL PARISH
OF ST. MATTHEW, ST. LEONARDS-ON-SEA
For the year ended 31 December 2024
CONTEiYrs
Page
Annual report
Statement of financial activities
Balance sheet
Notes to the accounts
Report of the independent examiner
16
St Matthew's Church, London Road. St LeonardS-On-se￿ East Sussex, TN37 6PD
Website:.
https:Ilwww.stmatts.co.uk
Minister in Charge:. Revd Matthew Foy
81 A Filsham Road, St Leonards-on•sea. East Sussex, TN38 OPG
Bankers:. Lloyds Bank - Ha5tings branch
Independent Examiners:. Manningtons, 39 High Street Battle Tr133 OEE

Parochial Church Councll of St Matthew, St Leonards-on-sea
Annual Report for 2024
Aim and purposes as a charity
The P.C.C. has the responsibility of co￿perating with the miniskr in charge, in:
Promoting the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England.
Promoting the whole mission of the church, pastoral, social, evangelistic and ecumenical.
To bring people to faith in Jesus and to enable them to get to know him better.
Practical support and care to those in need through personal involvement artd through financial support of other
organisations with similar objectives.
The P.C.C. is also responsible for maintaining the Church and Church Centre together with the surrounding grounds.
ObJe¢tlves and aetfvltles
The P.C.C. is committed to growing St Matthews both spiritually and numerically. Our vision is summarised as'helping
local people follow Jesus Christ" The P.C.C. maintains aft overview of the activities aimed at achieving this objective.
When planning our activities for the year we have considered the Charity Commission's guidance on public benefit and in
particular. the specific guidance on "charities for the advancernent of religion" We try to enable ordinary people to ¢ome to
faith and to live out this faith as part of our parish community through:
Biblical teaching. worship and prayer both in the church buildings and in midweek groups
Provision of pastoral care for people living in the parish and for members of the church family
Missionary, outreach and humanitarian work within the parish and in (he wider community
To facilitate this work it is important that we maintain the fabric of the Church and Church Centre at St Matthews.
The P.C.C. has complied with the duty under section 5 of the Safeguarding and Clergy Discipline measure 2016 fully
recognising its duty to hav¢ due regard to the House of Bishops guidance on safeguarding children and vulnerable adults.
AehievemeDts and perfonnan¢¢
Worship andPrayer
Towards the end of 2024 the services for worship and prayer were as follows:_
An 8am BCP service twice 8 month with one service being a communion service.
An I lam service every Sunday with groups for children aged (￿14. Communion is shared once a month ai this
service. There were also occasional all age worship services throughoui the year.
An occasional all age family service on a Sunday afternoon especially for under 12s and their families.
Prayer meetin8s continue to be held monthly on a Wednesday. Two meetings take place, one at lunch time and the
other in the evening. The lunch time meeting is usually followed by a light lunch.
Severdl midweek groups for bible swdy and prayer continue to meet. Our aim is for as many people as possible io
attend these groups. Two additional groups started during the year to facilitate an increase in the numbers attending
these groups.
In June, St Matthews hosted two ofthe year 6 Diocesan Leavers, Services with around 700 Children from East Suss¢X
church schools attendin&
There were 91 m¢mbers on the church electoral roll at the end of 2024 (91 in 2023). The average weekly attendance, counted
durin8 October. was 71 adults and 17 thildren (71 and 18 in 2024).
Sussex Brdss came and provided the music at the morning seNice on the 8 December. The I l am service on the 22
Decemberwas 8 family carol service On Christmas eve there was a Christingle service at 4.30pm. An I l am service was held
a St Matthew's Church on Christmas day. On the 20 De¢eAnber the church hosted a service for St Pauls CE Primary
Academy
De¢7nery Synod
St Maithews has three elected members of the Hastings Deanery Synod. This provides the PCC with an important link
between the parish and the wider structures of the church. The Deanery synod met three times in 2024.
Review of the year
l. The full P.C.C. met seven times during the year. The Standing Committee met occasionally between P.C.C. meetings and
the results of their deliberations were received by the full P.C.C. and discussed where necessary.
2. The Charity employed three members of staff (I full time. 2 part time) during the year to enable it to achieve its
objectives. The staff and Churchwardens met regularly to facilitate the mission and ministy of the church.

3. The full-time mernber of staff (Nicky Adams) is employed as a -Families and Youth WorkeP' with responsibility for
developing our work amongst families and young wple. Her employment has been po&8ible following rec¢ipt ofseverdl
grdnts. Funding has been obtained for her post to continue at l¢&st up to the middle of 2025. This Post has enabled us to
develop and increase our work amongst children and young people. For example:
l. The Roots group for tttnagers continued to meet during the year on Thursday evenings. This group is led by
Nicky with other members of the church faniily and includes children from church families and from the local
community. A number of children frorn this group went away on a CPAS summer youth residential in 2024.
2. The "Smarties" parent and toddler group has continued on Wednesday mornings. It is well attended and has
members from both within the chwch famity and from the local community.
3. In February half tenn a "Holiday Club" was held for child￿n aged 5-11. li was a very successful event with
many children attending from the local community.
4. Nicky together with Rachel Woods hold a lunchtime club at St Paul's Primary Academy.
5. St Matthews continues to maintain its close links with St Paul's Primary Academy and the staff team continue to
lead an act of Collective worship each week and provide supw)rt for RE lessons.
-The Hub" meets on Tuesday mornings and provides coffee. tea. cakes and conversation in the Thurch Centre and ha5
been advertised locally as a *vaTm space" as 3 response to the cost-of-living crisis.
5. The Church's pastoral team conlinues to connect with and visit housebound members of the church and we maintain
links with Crest House and The DeTwent care homes. We have resumed regular services at both Care homes and
members of the congregation sang carols at these homes in December.
6. The Friendlies group, for older people, continued to flourish in 2024. The Friendlies group attracts people from both
inside and Outside the immediate church family.
7. Nigel and Evelyn Brett and others continu¢ to WOTk on the Church 8rounds with re8ular gardening events being
organised during the wamier months.
8. St Mathews continued to support the Christians against Povety Hastin8s Debt Centre and thrtt church members have
b¢en commissioned as befrienders to support their work with local peopl
9. The St Matthew's Church Centre continues to be an important Community asset. It is rented out to a variety of I￿1
groups and for children's parties. The groups that use the Church Centre include a local Guide Group, the
Townswomen's Guild. a county dancing group and a Men's Group for seniors(Senior Men's fonjm)
10. St Matthews continued to support the Hastin8s Foodbank including through a special Harvest Service collKtion.
I l. St Matthew's continues to siipwt other Charities including the London City Mission. Tearfund and the Sussex Gospel
Partnership.
12. Several social events took place during the year. These included lun¢hts for men's and women's groups. a cream tea
with Christmas crafts event and a crazy golf even¢. We are grateful io Catherine Harvey, Sarah S¢arl¢ and Dave
Broom for or8anising these events.
Bulldlngs and Mglnlenanee
l . In 2024 a significant amount of time was spentensure the ongoing mainlenance and improvement ofthe Church Buildin&
Church Centre and the Church House at 98 Sedlescombe Gardens. We are particularly grateful to Nigel Brett as he
continucs ¢0 CO•ordinate and carry out maintenance and repairs to the buildings.
2. In September work on the roof aThl chimney above the organ was complcted. Hopefully the problem of rainwaier leaking
onto the organ has been solved by this work.
3. In August 2023 planning perniission and listed building consent were obtained for the refiwbishmcnt of the Church
Centre. The first phase ofwork carried oul in 2024. As part of this work the window in the South room of the chU￿h
Centre was replaced together with work on the guttering and boarding. An appIl￿tiOn has also been submitted to Biffa
for a significant grdnt which. if successful, would enable a fvll refurbishment of the church hall in 2025.
4. In December 2023 a faculty was obtained to allow for the rejnoval of 4 pews at the front of th¢ navA the refurbishment of
the wood block floor and the relocation of some A V Cables. This work has bc¢n completed.
5. A further four pews in the nave have now been removed under an Archdeacon's licence to allow wheelchair and buggy
users to sit within the congregation rdther than ai the very front or back of th¢ ¢hurch. The PCC inlend to submit a
faculty application in 2025 to make these changes pennanent.
6. A quinquennial inspection was completed in Autumn 2024 whidb highlight nothing urgent. The PCC will consider the
wider recommendations in 2025.
7. An inspection of 98 Sedlescombe GarderLS by St Matthews during the year revealed several problems including
damage from water leaks. faulty flooring and ex¢enal paintWOTk flaking. There have been further problems with the
garage at 98 Sedlescombe Garden5 with damage to the door. A new agent was appointed by the PCC in December
2024 and they will be helping the PCC make sure the property is maintained to a suitable standard.

Financial Review
l. We are most grateful to the grant making bodies and individuals who have made contributions towards the cost of our
Families and youth Pastor. At the end of 2024 we had received grants from All Saints LindfIel￿ Gospel Partners: Sola
TrnsL the Joseph Rank Foundation and the John James charitable trust. We anticipate that fvrther grants will be
forthcoming in 2025.
2. Thanks to our members generous giving and the additional income from the Church Centre and renting the church house
at 98 Sedlescombe Gardens we were able io meet all of our financial commitments.
3. The largest expenditure of the PCC in 2024 was the sum of £39.148 paid to Clark¢ Roofing for the repair of the church
roof and chimney. The Diocesan Parish Sharc to cover our mini5ty costs was reduced to £20,000 to enable us the pay for
the roof repairs. The Parish Contribution is used by th¢ diocese to pay stipends. National Insuranc4 pe￿ionS, Housing.
Training and curates. ministy supporu parish support sffvices and the national church.
4. Following the repair to the church nK)f all of the money in the Friends of St Matthews accounts has now been spent and
the charity is being clos
Reservts Policy
l. It is the PCC'S policy aim to maintain a balance on the genwdl unrestrictcd fimds (excluding propw), which equates
to:.
i. Trvo months worth of unrestricted Fayments.
ii. In addition one months unrestrictsd salary costs
iii. Funds to meet unexpected repair costs as follows.
l. Church and Church Grounds £8,000
II. chU￿h Centre £3,000
111. 98 Sedlescombe Gardens £1.500
The closing reserves balance in 2024 was about £3,700 short of meeting these objectives. However, the PCC has more than
this among in investments. $0 this 15 not COD5ideT¢d an immediate concern.
2. The balance of any restricted fabric fund is retained towards the cost of repairs.
3. It is PCC policy lo invest funds balances with the C.B.F. Church of England deposit fimd.

Structur4 governance and mAh%gement
Membership of the PCC ts deterniined under the Church Repre￿￿tIOn Rules and consists of certain ex-officio members
{the incumbentlpriest-in*charge, curaie. lay readers licensed to otTiciate in the church). the churchwardens and members of
the Deanery, Diocesan or Genernl SynLKls and 9 member5 of the church who are elected at the Annual Parochial Church
Mectin8 (APCM). Members committed to the vision and values of St Matthews are warnily encouraged to stand for
election to the PCC and we try to ensure a balance of skills and experience where possibk.
Admlnistrative IDforniitlon
The parish is a charity registered with the Charity Commission as required by the Charities act 2011. Its governing
document is the Parochial Church Councils ￿OWerS) Measure1956. The "Parochial Chur¢h Council of the Ecclesiastical
Parish of S( Matthew Si Leonards4Tr5ea" is regislered as Charity No. 1139019
During the year the following served as m￿nberS of the Parochial Church Council (PCC):
Minisler & Chairnian
Revd. Matthew Foy
Mrs Alison Hodgkins
Mr5 ShArl¢y Coulthard
Mr Nigel Brett
Representativcs on thc Deancry Synod
Mr Malcolm Harris
Church Wardens
(From the 2024 APCM)
(Up to the 2024 APCM)
Mrs Sarah Searle
Miss Nicky Adams
Elcctcd Members:
Mrs Vinyo Aidwn
Mr David Broome
Mr Timothy Blythe
Mrs Shirley Coulthard
Mrs Catherine Harvry
Mrs Alison Hodgkin$
(Up to the 2024 APCM)
Mrs Margaret Lloyd
Parish Safeguarding Officer
Dr Ben MasterS-Steve￿$ PCC Sec
(From the 2024 APCM)
(From the 2024 APCM)
Mr Tm Morgan
Mr Bob Tilley
Hon. Treasurer
The PCC has the following sub Committees.
Standing Committee
Approved on behalf of the PCC by Revd Matthew Foy
(Chainnan)
Date
L0412D2

MAThHEWS CHURCH PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL A￿1VITI￿8 FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
Funds
R¢5tricled
Funds
Endowment
TOTAL
Funds
1.12.24
TAL
nds
.12.2
Income and Endowments from:
Dopwlionf ond Legacies
Charilable Aclivilies
Oiher (rading aclivilies
ImY3lnwnls
Oiher Ipron
2a
2b
76,032
607
24,665
lJ18
52,649
128.681
607
24.665
1,318
123,678
597
24.945
1.155
2d
Totsl ID¢oming resourees
102.622
52.649
155.271
150.375
Resourees expended
Raisingfunds
Chariiable Acifvliles
Oiher Irading aclivilies
3b
74.330
13.979
55,337
3.000
129.667
16,979
154.844
8,976
Totsl Resourees expended
88.309
58.337
146.646
163.820
Net In¢oming (outgoing) resourees
14,313
(5.688)
8,625
(13,445)
Other reCO￿lSed galL￿10s9¢S
Gains/(losses) on revaluaiion offLred
assels
Gal￿$/{10￿eSj on investmenl assets
167
167
626
Net nKbv¢m¢nt of funds
14.480
(5,688)
8.792
(12.819)
Tot￿ funds bft)ught forward ai I st
January 2024
43.955
18,728
1.250
63.933
76.752
Total funds carried fonvard at 31st
December 2024
58,435
13.040
1,250
72,725
63.933

ST MAThHEWS CHURCH PAROCHIAL CHURCH COUNCIL
BALANCE SHEET AT 31 DECEMBER 2024
Note
2024
2023
Flxed Assots
Intangiblc a35el$
Tangiblc fixed Assets
Herila8e Assets
Invcslmcnt Asscts
8b
26J19
29,777
7.279
37.056
Toial fixcd assets
33,764
Current Agsets
Stock
Debtors
Short 1 erm Dcposits
Cash 01 Bank and in hand
10
3,711
21.670
3.587
21,670
32.153
Toial ¢urr¢ni 8SS¢IS
Liabilites
57,410
Crcdilors: amounts failin8 due wiihin one year
Net current Assets
26.877
TotAI assets less current Ilabllltles
63,933
FUNDS
Unreslrkted funds
Restrleted funds
Endowment funds
14
13
13
13
5&435
13,040
43.955
18,728
1.250
63,933
Approved by the Parochial Chur¢h Council on1Tr1kn2oLI and signed on its behalf by
The Revd Matihew Foy
(chalrnian)

ST MATfHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
I. ACCOUNTING POLICIES
a) Aceoundng convention
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been preparn
under the Charities Act 2011 and the Church Accounting Regulations 2006 in accordance with applicable
accounting standards and the current Statement of Recommended Practice Accounting and Reporting by Charities
SORP (FRS102).
The financial statements have been prepared under the historical cost convention as modified by the inclusion of
investments at market value. The financial statements include all transactions, assets and liabilities for which the
PCC is responsible in law. They do not include the accounts of church ￿0up5 that owe their affiliation to another
body. nor those that are informal gatherings of church members.
b) Fund accounting
Endowmenrfynds are funds, the capital of which must be maintained: only income arising from the investment of
the endowment may be used, either as restricted or unrestricted funds depending on the purpose set out in the terms
of the original endowment.
Restric¢edfynds comprise (a) income from trusts or endowments which may be expended only on those restricted
objecls provided in the terms of the trust or bequest. (b) donations or grants received for a specific object or invited
by the PCC for a specific object. The funds may only be expended on the specific object for which they were given.
Any balance remaining unspent at the end of the year is carried forward as a balance on the fund.
Unres¢rictedfynds- general funds which can be used for P.C.C. ordtnary purposes.
Designaiedfvnds - monies set aside by the P.C.C. out of unrestricted funds for specific future purpose5 or Proj￿IS.
Income and endowments
All income and endowments are accounted for without deduction for any costs of receivability, are
ognized when there is evidence of entitlement, receipt is probabl< and the amount can be measured reliably.
Donations and legacies
Collections are recognized when received.
Planned giving receivable is recognized when there i5 evidence of enlillement, Teceipt is probable, and the
amount accords with the Gift Aid Declaration or other record of intention to donale.
Gift aid recovered is recognized when the income to which it is atLqched is recognized.
Grants and legacies ar¢ recognized when the formal offer in writing of the funding is received by t1￿ P.C.C.
ChArilable activities
Statutory fees for weddings and funerals are re¢ognized when the offic¢ 0¢￿r$.
Other trading activities
Trading activilies are where income is receivable in return f¢x selling goods 01 providing servicGs. Income
from trading is recognized either a) when received or b) in the case of concerts: for the year in which the
event occurs irrespective of date of Teceipt. Advance bookings are includcd in creditors until the concert
has taken place.
Sales of magazines and study notes are recognized when received
Rents fmm property are recognized in accordance with the rentsl a￿￿Ment, when receipt is probable.
b)

ST MATTHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
d)
Investment income
Dividends are accounted for when due and payable. Interest entitlemenis are accounted for as they ac¢ru&
All other Income
All other income is recognized in accordance with the above overall policy.
Galns and losses In Investments
Realised gains are recognized when the investrnents are sold.
Unrealised gains and losses are accounted for on revaluation at 31 December
Expendlture
Expenditure is recognised when there is evidence of entitlement. payment is probabIe. and the
amount can be measured reliably
Grants
Grants and donations are accounted for when paid over. or when awarded where the award Creates a
binding obligation on the P.C.C.
Church Activiti
The diocesan parish share is accounted for on an annual basis, refiecting the allocation set by our Deanery.
Any parish contribution unpaid ai 31 December is provided for in these accounts as an operational (though
not a legal) liability and is shown as a creditor in the balance sheet.
Fixed assets
i. Tangible fixed assets
Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities
Act 201 l. Movable church furnishings held by the Rector and Churchwardens on special trust for the
P.C.C. and which require a faculty for disFK)sal are accounled as inalienable property unless consecrate(L
They are listed in the church's inventory, which can be inspected but are not included in the fjnancial
statements. For other property acquired prior to 2000 there is insufficient cost information available and
therefore the cost of such assets is not stated in the financial statements.
All expenditure on consecrated or beneficed buildings and individual items costing under £l.000 are
written off when they were incurred.
Deprecialion
Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties,
over their expected useful lives. The rates generally applicable are:
Fixtures and fittings
20%
Audio Visual equipment
33% Straight line
Office equipment
25
No depreciation is provided on freehold buildings as the useful economic life of these assets exceeds 50
years and residual values so high that potenlial depreciation would be immaterial. It is the PCC'S policy to
maintain ihese assets in a continual state of sound repair. Resulting from regular impairment reviews,
provision will be made if ihere has been any permanent diminution in value.
Investments
Investments are slated at market value at the balance sheet date.
Current Assets
Amounts owing to the P.C.C. at 31 December in respect of fees, rents or other income are shown as debtors
less provision for amounts that may prove uncollectable.
Short lerm deposits include cash held on deposit either with th¢ C.B.F. Church of England funds. or at the
bank.
b)
ii.
d)

ST MATTHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTFS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2 INCOMING RFSOURCLS
Tolal Funds
2024
Funds
Funds
2023
2 An21ysts of incotne and endowmtttts
2a Donations and irfaeies
Planned Giving (¢xcl refunds)
Planned Giving (no tax refunds)
I￿se cash collections
Gift Days
Sundry donations and appeals
IncoTK Recoverable
Grants
Legacies
31,897
10.062
1.476
5.950
4273
9.986
12.388
31.897
10,062
.476
5.950
29.945
9.489
3.453
7,229
1.642
43.778
41,808
16,170
21.653
11,627
56.167
76.032
52.649
128.681
123.678
2b Charitsb]t Artivitits
Ftts from wajdings etc
607
607
607
607
597
597
2c Oth¢r trading a¢¢ivitie5
Fund raising events
Church Centrt t£ttings
Rent from letting parish knus¢
Bookstall
14.231
10.434
14.231
10,434
14.771
10.174
24.665
24,665
24.945
2d Investments
Dividends on CBF Inveknt fund
CBF dq￿lI intere
202
1,116
1.318
202
956
1,155
1.318
2c Other Income
Insurm claims
Training Lx)urse Teceipts
TOTAL IN
MIN
SOURCES
102.622
52.649
155,271
150.375
10

mA￿HEWs CHURCH PAROCHIAL CHURCH COUNCIL
NOTLS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
COIYTINUED
Unrc5triclcd
Restrided
Funds
Funds
End0￿inent
Funds
Totsl Funds
2024
2023
3 An&lysls of resources expended
Raising funds
Special appcal Cos
Fund-raising events
Siewardship costs
3b Charitsble Activities
Missionary and charitablc giving:
Ministry costs
Diocesan Parish Share
Ixher clergy cosls
Salaries and honoria
Church running expenses
Church Maintenancellrnprov¢ments
Bookstall
Training and Mission
Upkecp of services
Upkeep of church grounds
Children and Youth Work
1.845
307
2,152
2,081
20.(M)O
2.960
14,254
10,762
19.075
20,000
2,960
43,546
10.763
44,812
38,500
2.858
41.011
9228
56.074
29.292
25,737
752
1.321
178
,843
752
1,321
178
1.843
443
875
127
2,092
Bank Charges
15
Governance- see note 6
,340
1.340
1.540
74.330
55.337
129.667
154.844
Otlw trading actlvlties
Church Centre Hiring C051s
Church Cen¢Te Running Costs
Bookstall costs
Other Trnding costs
13.979
16.979
8.976
13.979
3,000
16,979
8,976
TOTAL RESOURCES EXPENDED
88,309
58,337
146.646
163,820

MATfHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTFS TO THE FIIYANCIAL STATEMEKfs FOR THE YEAR ENDED 31 DECEMBER 2024
cO￿lNUED
Unre5tricled R¢striLled Endowment
Funds
FuThts
Total Funds
2024
2023
4 Miwionary and charitsble giving:
Overse
Tear Fund
Charles Semwdga
London City Missio
Evangelical Alliance
Christians Against Poverty
461
460
460
100
600
2.081
45
45
307
307
1.845
2.152
5 Staff Costs
Wages Gr￿saIaries
caretakerlc1￿ner
Administrator
Organists
Families & Youth P&4or
Families & Youth Pasknr and
4.918
9223
4,918
17,423
4,446
8.2(HJ
8.200
28.125
28.125
27,(X)O
113
14.254
1.167
29.292
1.280
43.546
.365
41.01
Wages and Salari
During the year thc PCC employed a Families and Youth Pastor. a Carelakerlcleaner and a Parish Adminislrnior.
So¢ial Se¢urity wsts were paid in connection with all employe￿ The Families and Youth Pastor is enrollol in a
pension scheme with NEST . Contribuiions to this scheme are made by the church and the Families & Youth Pastor
b. No members ofthe PCC r¢c¢ived any remune￿I0Th from the Councils fill￿. A small immaleTial p)rtion of the
expenses paid to the Rector may have related to his services as chairman of the P.C.C. Mr5 P.Blythe the parish
athninistrator is the wife ofp.c.C. member Mr T.D.B1Yt￿ There were ￿ other disclosable transaction5 in r¢spert of PCC
member% nor p¢rson5 closely connected to them. nor other relaled partie&
Urwtstrictoj RestriC￿d
Funds
Tothl Funds
2024
2023
Govern#D¢¢
Independent examination fee
6 Cost of annual ￿)Unts
lJ20
20
lJ40
.320
20
1.340
lJ20
20
1.540
An4tysis of transfews behveen fibnds
12

ST mA￿HEWs CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMEiYTS FOR THE YEAR ENDED JI DECEMBER 2024
coNriNUED
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Tothl Funds
2024
2023
Fixed Assets
Investments
Market value 1st January 2024
Dispoals at carrying value
Purchases at wst
Nct gairts and revaluation
7.279
7.279
6.653
167
167
626
Markei value 31 st Decmkr 2024
7.44
7,446
7,279
Holdin8s at 31 sl December 2024 - 322 shares in the CBF ch￿￿h ofEngland Investment Fund
Tangible fixed assets
Frtthold Land Auidio visual Tots] fixed
And Buildings Equipment
Cosi or valuation
Ai 1st January 2024
Additions
Disposals
Revaluation
At 3 1st December 2024
26,319
38,923
65.242
26.319
38.923
65,242
Depreci*tioD
Ai 1st January 2024
Provided in the yvar
Disposals
At 3 1st December 2024
35.465
3,459
35,465
3.459
38.923
38.924
Net book Amounts
At 3 1st December 2024
At 3 1st tk¢ember2023
26.319
26,31
The Freehold land and buildings ¢omprise ihe house & 98 Sedlescombe Gardens Si Leonards-on-se&
For accounting purposes, Ihe historical cost of ihis property is deemed to be its original c05t which has
not becn updatcd.
Church Equipment Compris￿ the Vid￿ sy*m. the electmnic piano and other audio equipment
Herilage Assets
None
9 Allatysls of tash and eash equlvAlents
Totsl Funds
2024
Tothl Funds
2023
C&8h in hand
Notice deposits (le55 than 3 months)
18,639
21.670
40.309
32.153
21.670
53.82
13

sr MAThHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
CONTINUED
unffstrla￿ Restricted Total Funds Tothl Fun
Funds
Funds
Funsts
2024
2023
10 Debtors
Income Tax Recovernble
Prepa)wents and Accrued In(cre
(thr Debw
2.264
401
2.443
1046
3J87
I I Credltsr5
Amounts fslllng due wlihln ottt y¢•r
Deferred Inc(rfnc
Ac¢n￿5 of utility and other costs
Creditors for arkl servie¢s
Oth¢¥ Credi￿s
11310
17.903
320
193
193
5.059
30.533
12 Credltors
*mounts fAllln8 due after more ihan one y￿r
D¢ferr¢d In¢om¢
Amals of uliliry and other costs
Credilors for 8(ds and serviccs
14

ST MATfHEWS CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 DECEMBER 2024
CONTINUED
Statem¢Dt of fund$ 2024
Transfers,
other gains
and losses
Bal t4fwd 1st
Jan 2024
Bal clfi¥d 3 Is¢
Dec 2024
13
InL))me
Expendiiure
Unr¢$trltt¢d Fund$
General fund
Buildin@Fabric fiJnd- designated
Equipmeni I Improvcmcnts- desig￿ed
Children and Youth Work- des18￿ed
43.154
101.855
(87.157)
167
58,019
801
43,955
767
102,622
1.152)
88.309
416
58,435
167
ReJtrl¢t¢d Futhds
Buildin8sIFabric fuTrJ
Equipmentl Improvements
Families and Youth Fund
Mission Gift Day
Other Reslricted Collcdior
22.278
(25,278)
(3,459)
(29,293)
3.705
11.873
246
12,794
30.214
150
18.728
157
52.649
307
58.337
13,040
Endowment Fund
C.L. Cleavcr beque
1.250
1.250
The Endowmeni futtd Consists of a £1,250 It￿Y from C.L.Cl¢av¢r which r¢ttived in 1976. The Capital is ￿1 to be spml but the
income is lo be used to meet nomial EX￿nditUre.
St*¢em¢n¢ offund$ 2023
Bal Wfwd I
2023
Transfcr&
other gains
Bal cjfwd 3 Isi
D¢¢ 2023
In¢ome
ExpeThdilure
Unresirictcd Funds
G¢n¢rnl fund
Buildin8slFabri¢ fiwtd - designakd
Iquiprnenl I Improvcmcnts - design￿ed
Childr¢n and yO￿h Work- designated
46.389
82.368
(86.230)
626
43.153
926
47,315
871
83.239
995
87.225
802
43.955
626
Restricted Fund5
Building￿F&brie fund
Eguipmcntl Improvcm¢nts fund
Famili¢s and Youth Fuftd
Mission Gift Day
Other Re#riaed ColkciioN8
4.325
11.858
36,165
(37.490)
(8.153)
(29.408)
11.381)
163
76.595
3,000
3,705
11.873
29.440
1.381
150
67.136
163
28.187
150
18.728
Endowmeni Fund
C.L Cleaver bequest
1250
1,250
14 Analysi5 of Net assets by fulld
Unrestricted
Funds
ResIr1￿ed
Funds
Endowment
Funds
To￿1 Funds Toial Funds
2024
2023
Fixed Assels for ChU￿h use
Investment Fixed Assets
Current ass¢ts
Current Liabilities
Fund Balance
26,319
7.445
29.730
5.059)
58.435
26.319
7.445
44.020
5.059
72.725
29.777
7.279
57.410
30.533
63.933
13.040
.250
13.040
1.250
15 Related parties and tran￿¢¢10￿$
The Friends of St Matthews is a separate charity (No. 289204k a related party to the P.C.C. The following members of this
P.C.C. are trustees of that Charity. The Revd Matthew Foy. Mr Nigel BreiL Mrs Shirley Coulthard, , Mr Malcolm Harris.
Full details of the trnnwtions be￿eeTh the chariiies Can be found in their financial rep￿rts.
15

Independenl examiner's report
To the PCC of St Matthew's Church
This report on the accounts of the PCC for the )tar ended 31 December 2￿24, which are set out on
pages 6 to 14. is in respect of an examination carried out in accordance wilh the Church Accounling
Regulations 2006 {'the Regulations,) and s.145 of the Charities Act 2011 ('the Act.).
Rtspective responsibl1 ilk of the PCC and the examiner
As members of the PCC you are resrK)nsible for preparation of accounts; yK>u consider that
the audit rquirement of Regulations and section s. 144 of the Act do not apply. It is my
responsibility to issue this report on those aLrounts in accordance with the tenns of Regulation5.
Basis of this report
My examination was carried out in aCcOrda￿e with the General Directions given by the Charity
Commission under section 145(5)(b) of the Act and to be ftiund in the Church guidance. 2(A)6
edition. That examination includes a review of the accounting records kept by the PCC and a
comparison of the accounts with those records. It also includes considering any unusual items or
disclosures in the accounts and seeking explanations from you as Inistees concerning any such
matters. The procedures uThlertaken do not provide all (he evidence that would be required in an
audit, and consequently I do not express an audit opinion on the view given by tFt accounts.
Independent examiner's statement
I have completed my examination. I confirni that no material matters have come to my ￿tentiOn in
connection with the examination giving me cause to believe ihat in any material respect:
accounting records were not kepi in respect of Trnst as required by section 130 of the
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the forni and
content of accounts set out in the Charities (Accounts and ReFMJrts) Regulations 2008 other
than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an ]￿lepe￿Ient examinatio
I have no conTrrns and have come across no otF£r matters in COn￿ction with the examination to
which attention should be drawn in this report in ordff to enable a proper understanding of the
accounts to be reached.
Signed...
09A)4f25.......
Mrs R T Walsh FCCA
Manningions
39 High Street
Battle
East Sussex TN33 OEE
16