Charlty Registratlon No. 1146642 The Parochial Church Council of the Ecclesiastical Parish of Brighton, St Peter Financial Statements For the year ended 31 December 2024 ST PETER'S THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON. ST PETER LEGAL & ADMINISTRATIVE INFORMATION PCC Members Revd R Barstow Mrs A Beal Mrs C Ball Mr C Coates Mrs A Egede Mr M Egede Revd H Garratt Mrs A Green Mr B Jacob Mr S Jefferies Ms S John Mr A Jones Mr T Lim8bear Mr S Luke Revd D Millest Mrs K Mille5t Revd H Milne Revd E Roe R8vd J Roe Mr J Sayers Mr J Stinson Miss H Turpin Mr P Turton Mrs P Turton Ms T Van Nierkerk Miss S Imilt Mr C Imlliams Mr C Vffjllis Charity number 1146642 Principal address St Peterfs Church York Place Brighton East Sussex BN14GU Audltors TC GrcAJp The Coutyard Shoreham Road Upper Beeding steyning West Sussex BN44 3TN Prlnclpal bankers National Westminsler Bank plc Pavillion Buildings 8- 11 Castle Square Brighton East Sussex BN1 1DP THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER CONTENTS Page PCC Members Annual report ststement of PCC Members responsibilities 18 Independent auditors. reFM)rt 19 Statement of financial activities 23 Consolidated balance sheet 24 Charity balance sheet 25 Cash flcw Statement 26 Notes to the financial statements 27 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 5t The PCC members present their report and accounts for the year ended 31 December 2024 for the Parochial Church Council of the Ecclesiastical Parish of Brighton. St Peter (Operating under the name of Brighton, St Peter). The accounts have been prepared in accordance with the accounting policies set oui in note 2 to the accounts and comply with the Charites Act 2011 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1" January 2015} - (Charities SORP (FRS102)). STRUCTURE, GOVERNANCE AND MANAGEMENT Oryanisational Structure The church is a charitable trust registered in the UK wilh The Charity Commission of England and Wales (regi$l8red number 1146642). St Peterfs Parochial Church Council (PCC) has the responsibility of co-ordinating with the incumbent, the Reverend Daniel Millest, in promoting in the ecc18siasticai parish. the whole mission of the Church. pasloral, evangelistic. social and ecumenical. The PCC members who served during the year were: Mrs C Ball - appointed 13105124 Revd R Barstow- appointed 06109124 Mrs A Beal Mrs S Brewer- resigned 13105124 Mr C Coates Mrs A Egede Mr M Egede Mrs C Foottit- resigned 11103124 Revd H Garratt Mrs A Green Mr B Jacob Mr S Jefferies Ms S John Mr A Jones Mrs l Kent- resigned 13105124 Mr T Limebear Mr S Luke Revd D Millest Mrs K Millest Revd H Milne Ms T Oyeleye-resigned 26102125 Revd E R08 Revd J Roe Mr J Sayers Mr J Stinson Miss H Turpin Mr P Turton Mrs P Turton Ms T Van Nierkerk Miss S White Mr C Williams- appointed 13105124 Mr C Willis THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 PCC Memb8r Training All staff, volunteers and PCC member5 undergo a formal recruiting and selection process, followed by an induction period that includes any training considered n￿ssary to effectively perfomi their role. Senior Management of the Church consists of Clergy, whose pay is set via a stiperKI, the level of which is set by the Diocese, and the management team, whose pay is set by the PCC wth reference to appropriate market rates. Rlsk Management The church's operations are wholly reliant upon the members of the congregation continuing to give money and timeto supportthe church's staffing and activities. Shoukl this fuThJing cease the church would be unable to contsnue to support all its current activities and staffing levels. This risk is managed on behalf of the church by the finance committee which is chaired by Mr C Willis (freasurer). This committee meets monthly and revi8ws the management accounts of the church and considers what actNities and staffing the church is able to commit to and agrees the necessary remedial acts'ons to ensure the church is able to continue its operations. The preparation of the management accounts is overseen by the treasurer of the church. is a chartered accountant. The church aims to hold a reserv8 of two months salaries to ensure it is able to meet its staffing commitments. Grant Making The charity pays grants in the form of mission giving. The level of mission giving is set at the start of each financial year by the PCC members and is based on the charTrty's projected income and asset levels. Volunteers The church benefit from the dedicated work of a great number of volunteers. In accordance with FRS 102 and the Chantes SORP (FRS 102), the economic contribuiion of general volunteers is not reco9nised in the accounts. OBJECTIVES AND ACTIVITIES The organisation's charitable aims and objectives are set out in its goveming document, agreed by th& PCC members on 28th March 2012. The charity was registered ￿ryth the Charity Comrnission on the 281h March 2012 (charity number 1146642). The PCC is Committed to the vision statement of the church to play our part in the re-evang81isation of the nation, the revitalisation of the Church and the transformation of society. In accordance with the vision statemenl, the church aims to meet its objectives through the provision of church services. courses and the instigation of new church plants. Given the diversity of the church's actiwties. performance is measured on a case-by-case basis. Public Benefrt In accordance with our duiies as slated in seclion 17(5) of the Charites Act. we have considered the guidance provided by th8 Charity Commission in regard to public benefit. This public benefit has been demonstrated by the activities undertaken since inception of the charity outtined above. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON. ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE Sundays We look back and celebrate with thanks all Ihat God ha5 done al our Sunday services over the last year. We continued with our pattem of 8am, 9:30am, 11.'30am and 6:30pm services through the majority of the calendar year. Alongside corporate worship we Continue to run Kids and Youth ministry. Over the last year we have been focusing on building our Sunday Teams including Klds (see lfjds report), Youth (se8 Youth report). adding a new non-staff Café team from November which as of East8r has revamped the café space at the back of church. The teams across the board have grown and we are now working on appointing nor staff leaders across our taams. Our preaching team is growing. and we have b&n supporting across the family of churches if needed. Melissa Taleni took on a SurKfjay Coordinator role in the summer and has since moved into a role overse8ing Discipleship, including Collective and Groups. We are pleased to have Juliet Bauemieister join the team to coordinate Sundays in line wth our strategy to reach. recruit, raise and release leaders and the church inlo ministry. Particular highlights this year have been.. In our Sunday gatherings we have baptised 42 people since September and are hoping to hav8 another baptism service on Sunday 18th May. Christmas seNices including Carols (900 total attendance). Family Carols & Christingle (700 total attendance), Carols by Candlelight (1122 total attendance) & Christrnas Day Good Friday & Easter Day services {1635 total attendance) Kids In January 2024 we transitioned to a fully lay-led Sunday provision run by lay volunteers Clare Ball and Sean Jeffries. We look back at the last year. and we are thankful to God for everything that has happened in the Kids ministy al St Peter's. This year in Kids we have had the privilege of welcoming many new and retuming families, we have been so bl8ssed to see the Kids team grow and though we are still recruiting for team, we have seen God provide in amazing ways. In September, St Peterfs welcomed Emma Marriott. a Children & Families placement student studying theology. In linè with church strategy, our focus over the last year has been to reach. recruit. raise arKI release the church into Kids ministry. We have work8d on introducing more team nights and are currently working on making church a more inclusive environment for all children. We continue to follow safer recruitment pr8Ctices and DBS checks. We currently have 30 lQds team which ha5 risen from 14 in September. We aim to get to 35 volunteer team per term, who will serve every other week. Building the core Leaders group as a pathway to releasing leaders into ministry at St Peterfs and beyond (church planting) is key to our strategy and we have been working to build our core team with leaders like Jenni Clark & Shana Cheeseman (Pre-school), and Freya Blenkiron as a SEN lead. Prayer Requesls and looking ahead.. Continued prayer for more volunteers to hear the call to serie the amazing children we are privileged to teach. Provision forthe growing number and diversity of children and families especially at the 1130 service (including 1-2-1 sUPPOrt for the growing number of children with neurodiversity). Wisdom as we plan for welcoming the children back on W September. The planning of potential Parent & Chi5d Engagem8nt events. We are looking forward to supporting the Focu5 Kids minislry by encouraging our team to serve at Focus THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Youth Youth at st P8terfs Brighton has been incredible. This year we really built up the team that we have serving on a Friday night. We have welcomed about 12 new regulars who come along each week, which brings us to about 25 in total on the team. This is a huge support to the young people and the running of Youth. Our young people have grown massively in their faith and leadership. One of the most incredible things we have seen this year is the formation of a youth band, with aboLrt 20 youth all exciled to be involved. This includes a variety of instruments being played and all different ages of young people. We have also had our youth step up in preaching more. wth one of the young people who is in year 10 doing the preacher training course at St Peterfs. From that she spoke at Youth. the Youth Weekend Away and then at a Sunday service. In February we were able to an incredible Youth W*kend Away. We saw 91 young people come along for the weekend. which is the most we have ever had. Just one story of many is from one of our year 8 boy5. After the Saturday night service. we got a message from this boys parents saying he has been on the phone in tears. He was telling his parents how he had just encountered the Holy Spirit for the first time in his life. We also got to enjoy watching young people find a k)t of freedom in the games, a lot of our older youth were able to just let go of the social pressura to be cool and not be involved. instead they were getting muddy and diving into the games. We got an incredible opportunity to bring more young people to Focus again. Through doing the Youih camping village, we could bring young people without their parents again. The young people had such an incredible time. growng closer to God and building amazing connections one another. These are opportunities that the young people would not gel if we did not run the camping area. This year we had Lydia Mead join the YoLrth team on placement ￿lIe stutying theology. She was incredible and grew a lot in her leadership skills. Just before Christmas we were able to send her off to a local church to become the new Youth pastor. It's been amazing to track with her as she grew up in Youth here, got chances to grow and preach. to then joining team and ultimately slep into this role and hold the responsibility as a pastor. Studentslcollective In February 2024 we took 54 student5 and team away on our annual Student Weekend Away. Over the summer we hosted summer socials each week, where the group infomally met up wilh each other for different activities. This consisted of student and young adults and was part of a soft launch of Collective for the new academic year. In September 2024, we shifted from Students to Collective. Collective includes students and young adults. On average there were 110 people who attended Collective between September and December. Part of the Collective model is having home groups. and we launched 6 groups across the city. On average we had 70-80 people to attend groups per evening. We've welcomed guest speakers from across Brighton and around the country to inpLrt into the lives of students and young adults. Lunch at ihe Lukes,. a fortnightly Sunday lunch at Jodi & Steve Luke's house. has been hugely successfvl, seeing up to 40 people from Collective filling the house for home-cooked lunch and a chance to relax and build community. as well as spend time talking through life with Jodi & Steve. The Christmas Party saw 103 students and young adu]ts enjoy an everThng of Christmas celebrations and dancing to end the temi. Groups One of Ihe key ways that we aim for people to be fijlly integrated into the life of St Peterfs is lo join a rnid-week discipleshiplhome group. As with last year, we had a number of groups stop meeting for a variety of reasons. however a few groups continued. The existing groups all ￿nCtiOn at different levels, some being more robust than others. There were 8 groups in 2024. The content for Groups continues to be provided by Dan and Kate Millest's deepdives into the scriptures for that week's sermon passage, providing opportunities for people to grow in their biblical literacy, forge deeperfriendships wth others. as well as spurring one another on in our corporate discipleship journey. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 In the autumn term we discontinued the Discipleship Stream. It was introduced to support existing groups, be a group incubator (where new groups would fomi) and help people who are not in a group. It was mostly attended by students and as Collective started they moved to new Collective groups. Starting in 2025, Melissa Taleni y￿11 be looking after Groups, creating content with Dan Millesl. We look foTward lo launching more groups and holding group leader training nights. Worship & Production 2024 has been a year of significant growih and momentum for the Worship and Production team at St Peterfs. With the arrival of a large number of new students in the city, we￿e seen a surge in passionate, talented musicians and vocalists joining the team. We now have over40 active team members involved in worship and production. including worship leaders. band membars, vocalists, sound engineers and visual technicians. Ministries such as Alpha. Safehaven and Collective have provided great opportunities for worship leaders to grow in confidenc8 and skill. Our Youth ministry has also become a great pipeline for developing worship team V￿th 3 of the youth having transitioned into seprfing on the main Sunday team, bringing fresh energy and long-term potential to the ministry. Nathan Robinson excellad in his role as Production Coordinator bringing consistency lo the sound at St Peterfs. He also helped train 3 new sound engineers for the production team. Our Easter and Christmas services remain cornerstone events in our worship calendar. drawng on the full creative and spiritual capacity of the team. Easter weekend included a deeply reflective Good Friday service and a joy-filled Easter Sunday celebration that hosted over 1600 people. Christmas 2024 saw us hosting 8 different services over the month, ranging from traditional carol services to creative all-age gatherings. Carols by Candlelight was a particular highlight where we partnered a string quartet with a choir of 30 people all frorn the congregation. Alpha Alpha continues to be a highly fruithjl ministry al St Peterfs. helping to raise up and release our congregation into the wot1( of evangelism, engage guests from outside the church. and see people come to a living faith in J8SUS. In the past year we created opportunities for 103 people to serve on our main Alpha course, welcomed 283 guests, and saw 156 attend one of our three Alpha Days- a key moment of encounter and decision in the joumey of faith. As part of our ongoing shift to a lay-led, staff-supported model of ministry, we've seen signtficant growth in leadership capacity. Ali Beal has led Alpha with excellence. not only overseeing the course bul also intentionally creating space for others to step up and lead. This transition was especially evident in the Spring 2025 Alpha. where Ali stepped back from in-person leadership and instead empowered a team of lay leaders: Chris Wlliams (Event Lead), Arianna Sh8pland (Hospitality Lead), and Rachel Butcher (Admin Lead). Thi5 model has attracted significant interest from across the HTB Network, and we've been invited to share our leaming with others. Wthin our own Family of Churches. we are now piloting a coaching project wilh thr88 Oth8r churches to adopt the lay-led Altha model, supported by a central coach. Safehaven Saturday 2024 marked the 15th year of running Safehaven Saturday at St Peterfs-an outreach that opens our doors each week to men and women who are homeless or disadvantaged in our city. Over the years, Safehaven has become much more than just a hot meal or a wami space" tt's a place of welcome, dignity, and deep connection. As one volunteer shared.. 'Safehaven is an incredible ministry with an incredible team. Opening the church as a restaurant to the vulnerably housed. and joining with them in c(Ynmunity is such a blessing. They are waited on. they are supported, they are loved. There are difficult, heartbreaking stories at times. But it is always a special place, filled with the Spirit, and you leave richer than you arrive." THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 also saw significant growth in the weekly Communion service held as part of Safehaven. More guests have been choosing to participate regularly, and the service has grown and developed into something deeply meaningful_ It offers a uniqu8 Opportunity for member5 of the homeless community to engage in worship, prayer, and the sacraments in a way that is accessible, inclusive, and authentic. This small but growing congregation at st Peterfs is a powerful wlness to God's work among ihose so often overlooked by traditional church spaces. The relationships and sense of familiarity that grow at Safehaven help guests feel more confident in accessing further support-whether that's through signposting or through specialist partners at our Men's and Women's drop- ins, held in the same space. Vthile Safehaven was originally created to reach out to and serve the city, what we've found over the years is that it has also had a wofound impact on the volunteers themselves.11 has become a place of belonging, encouragement, spiritual growth, and meaningfjJl connection for those who serve, not just for those being served. One volunteer said, °Safehaven has also been a vital place of integration and purpose in a new chapter of life. We were new to the area and it's dtfficult to get to know people in a big church, or to feel needed. Safehaven was exaclly what we neede￿ractiCallY and spiritually. The team made us feel welcome, and we felt privileged to serve the community. We are more blessed to give than receive-but we received so much more.. In 2024 our Saturday meals were attended by 644 iTKlividual men and women across 3.896 visits, with on average 105 guests atlending each week. During the year 134 different volunteers have helped at Safehaven Saturday, giving 3,459 volunteering hours_ Safehaven Men's Drop4n Our Men's drop-in continues to provide a safe and welcoming Spa￿ for men who we disadvantaged, to come together, build positive and construdive relationships. and experience a sense of connection through a light meal. conversation, and low-key activities. 2024 has seen the drop-in evolve significantly, with a notable shift from being primarily about food provision to becoming a space that fosters fellowship, frsendship. communty, and discipleship. The art table in particular has flourished this year. Jo, who runs the table, reflected that °when the art table first took on its current fomial in 2023, none of the guests had any faitlHiany We￿ openly atheisl or agnostic. and resistant to any conversation about Jesus. But fast forward to 2024, and those same men have either come lo faith or are currently doing Alpha. It's been incredible to see how God has worked Ihrough the art.. The art table also undertook a collaborative project this year to create an art installation themed °Under This Roof.. Guests produced a wide variety of beautiful paintsngs, inspired both by the phrase and by the diff8r8nl aspects of life and ministry )Mthin th8 church. The dropin also remains a ttusted space for key workers to meet with their clients. In 2024 the Men's drop-in supported 446 individuals across a total of 2.405 wsits. We welcome an average of 62 men every week. During thè year 76 individuals have volunteered on the team this year which equates to 2,622 volunteer team hours. Safehaven Women Thursday Drop4n Our Safehaven Women's dropin continues to provide a weekly safe space for vulnerable and disadvantaged women in our city,. in fact, we are the only place in Brighton that offers a safe place just for wcmen that doesn't require a referral, criteria or time limited support. This year we have seen our women build a stronger sense of community with each other, offering friendship and support ouiside the dropin space. We feel that the reflection time is one of the most important elements ofthe women's drop-in, so this yearwe decided to bring it to the middle ofour session, so we now have it straight after the meal before dessert and before we bring the actiwties out. This has meant we have had almost 1 OOOA engagement from our women and have gone from women chatting through the reflection time to almost complet8 silence in the room. Extemal specialists continue to attend the drop-ins across the term, helping to build relationships within Safehaven Women's more relaxed, supportive environment. One guest says, "This is my safe place, I feel at home here and seen by the team. Coming to Safehaven Women is the only time I go out, I know l am going to be safe and see friends. as well as have the best food.. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Over the last year 300 individual women participated in the drop-in across 1.918 visits. An average of 48 women continue to be welcomed every week. Over this last year 69 different volunteers have helped at SHW making 2,487 volunteering hours. Over the past year women have attended church activities including St Peter's Play Café, Alpha and Sunday church. 7 of our women have become volunteers on the SHW team and 5 women have got into meaningful work. Women's Probation Breakfast In partnership with the Probation Service, we continue to provide a wami, welcoming environment in which women meet with their Probation Officers and other essential services- all over breakfast! Additional acttvities. such as arts and crafts, also run during the sessions, helping guests engage wyth each other and open-up about their experiences. Over this year 40 women have attended Probation Breakfast, equating to 276 visits. We have a strong team of 10 volunteers, giving $84 team hours. One participant said, 'Probakn'on Breakfast at St Peterfs church is the absolLrte highlight of my week- the only thing I look forward to. and another woman fed back, °However l am fealing or turn up at the drop-in, even in my darkes( messiest moments. I know I will be accepted and welcomed.. Probation Boy5 In September we partnered with the Chapel Royal to start a weekly drop-in for 17-25-year-old boys who are on Probation. This age group of boys are generally firsl offenders. have often been groomed into crime by older men in the city. Getting them to engage with the Probats-on service is difficult becaus8 of their age and also if th&y atlend the Probation Office, they are likely to see the men vtho groomed them into crime. If these boys do engage with the Probation service early on, they are more likely to tum their lives around. By providing a safe place for them to meet their Probation Officers and other seNice providers, they are more likely to engage. We have a strong team of 4 who host Ihis weekly space at the Chapel Royal under St Peterfs guidance. Mother & Baby Group We continue to support vulnerable mothers through fonnal sessions arKI informal support, helping participants to develop SelfYear Celebration Se￿iCe. These moments demonstrated the reach and potential of well-planned. visuaily strong campaigns - even within a stretched team. The church website remained a central hub for infonnation. though we recognise there is work to do lo improve user experience, parkncularly around navigation and ke8ping content up to date. W8 continue to rely on Moocow. the agency who built the original sit8, and have been glad of their foundational support throughout the year. The website has been identified as a key area of development for 2025, with scoping work already underway. Priorities include improving access for new congregants. better clarity around our vision and leadership. and making it easier to connect into the life of the church. Looking ahead, we're aware of the need to invest more strategically in communications, both in temis of personnel and structure. The past year has shown that V4hile shared ownership can keep things moving, clear leadership and vision are needed to raise both consistency and effectiveness. Communtcations will continue to be a priority area for strengthening in 2025, as we seek lo better serve our congregats'on and City with timely, creative, and mission- focused messaging. Buildlng & Facllltles Report Tower PrO.￿t The Tower Project lomially restarted in July 2024 following the successful award of a Heritage Lottery Fund (HLF) grant. This phase of the project focuses on the completion of critical stone replacement and repairs to scaffold lifts 3-8 and is scheduled for completion in June 2025. As is often the case with historic buildings. unexpeded discoveries can arise. However, to date, we have not encountered any major revisions or changes to the scope of works. The collaborative proied management between contractors, suNeyors, architects, and the client has functioned well. Significant work was undertaken behind the scenes in Spnng 2025 to reweight and amend conlracl schedules following a 20010 Cost increase from 1 st April due to changes in the Listed Places of Worship VAT grant scheme. Thankfully, the project has been largely unaffected, as we worked closely with the quantity surveyor and main contractor around purchase timings of materials and equipment. 14 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 We also made the strategic decision to teminate our contract with the main scaffold contractor by purchasing the entire scaffold construction. Tris move has saved substantial costs on adaptations and inspections. A local corllpany has now purchased the scaffold in situ and assumed all liabilities. A5 part of the agreement, they will dismantle the top five lifts free of charge upon completion of this phase, leaving the remaining two lowest lifts and hoarding in place. This will help secure the site and facililate inspeclion and costing for the next phase cf work. Th8 funding has also enabled ihe Completion of th8 overhaul of all four dock faces, along with refurbishment of the internal clock mechanisms. This included the much-needed installation of an automated GPS ts"mekeeper and the reinstallalicn of the original hour chime hammer. Finally, the iconic "wobbly pinnacle. vrill be reinstated and craned back to its original position atop the tower during Ihis phase. Stonework Review and Pinnacle Re airs In October 2024, we commissioned an urgent review of critical decorative stonework, focusing mainly on the pinnacles. Much of the decorative stonework is in poor or critical condition due to unsuitable repairs made during the 1950s and 1960s. The inspection revealed a significant structural defect affecling all c18restory pinnacles on the East elevation. necessitating immediate remedial work and the erection of a substantial scaffold for further assassments. Monitoring is ongoing while we work with the stN¢tural engineer and architect to detemine the best 501ution. Red Hall Entrance Refurbishment The external hall entrance has been reconfigured Viith a new intemal day d¢)or. This improvement provides a wamier welcome. enhanced lighting, and an upgraded access system. Reordertn ect We have submitted a proposal to the Diocesan Advi50ry Commitlee (DAC) for pre-faculty formal advice regarding the main church flt)oiing and seating, as requested by the Chancellor. This relates to our Gurrent temporary faculty for th8 existing floor covering chair style. The DAC has responded positively in principle. allowing us to move forward with the fomial application, which wll include consultation with relevant amenity groups. To summarise. we intend to retain the current floor covering for its seNice lrfe. after ￿lch we propose to continue using versatile carpet tiles. To address the concems of the Victorian Society, we wll incorporate a ￿¢>tOne coloured border around the main space and architectural fealures such as the font and structural pillars. Additionally, we plan to keep the existing versatile stacking chars and gradually introduce a limited number of wooden chairs, particularly in the Lady Chapel. Health Safe and Securi Following an independent fire risk assessment, we have been implementing a number of essential upgrades throughout the building as required by our insurers. Many of these upgrades have necessitated faculty or other permissions. The most notable of these is the planned installation of a new fire detection and evacuation syst8m, currently at the DAC consultstion phase awaiting approval. We are especially grateful to Brian Dillon, who ccfflducted a comprehensive security audit. His findings have led to several physical improvements, including enhanced CCTV coverage and upJraded door controls. Additionally, we have reviewed and updated many ot our internal prcfedures and policies. Archivin and Artefacts Bert and Barb Van Cleve have been diligently archiving all build1r￿-re1ated historical documentation. A significant quantity of at-risk materials-including original building plans, site drawings, and historically significant papers-has been carefvlly preserved at The Keep (Sussex Records Office). Furthermore, Bert and Barb have meticulously photographed and documented all our stained-glass windows, producing a beautifully bound book detailing each one. We are deeply grateful for their tireless work and dedicab'on. 15 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON. ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Finally, we have been blessed wilh such a dedicated team who care for the building week in week out. With their support we have achieved so much over the past year. Stratsgic Development Fund The Strategic Development Fund (SDF) in parlnership wilh the Diocese of Chichester and funded by the central Church of England continued into the fourth year of a project which started In 2021. Originally du8 to finish in 2026, it has now been extended for a further three years unb"12029. st Peter's is the lead church for ihe Family of Churches and continues to work with the Diocese of Chichest8r on the project with three church plants already having taken pla￿. VJhile St Fichard'5 & St Leonard's saw real growth and success, 2024 saw the r&launch of A]1 Saints Patcham with the incumbent. Mark Rodger taking on the role at the start of January. We have continued to support this partnership primarily through fortnightly attendance at Tuesday staff meetings - teaching, worshipping an(1 praying together- although St Matthias are the official partner with Tom Holbird as Priest in Charge of All Sainls Patcham. St Andrew's Moulsecoomb had a setback wth their vicar Wi51 Leaf deciding not to continue Y￿th his incumbency and leaving mid-year. Dan Millest and the Diocese have worf(ed closely together with the PCC of St Andrew's and have agreed to continue with the partnership. They are seeking to appoint a new incumbent and planning lo relaunch. For St Peterfs, the Discipleship Stream and Youth Outreach are the tsvo ath've projects that have developed over the year and borne real fruit wth growth seen in both areas. Lizzie Milne retumed from matemity leave to continue her Youth Outreach role. with Kirsty Stannard overseeing some ofthe project managernent in her absence. The key focus has been to rediscover and strengthen partnerships with schools across the city, most notably Cardinal Newman and King's. It's in school's work where we're really seeing God at work and is particularly exciting The once-per-month All-lns on a Friday at St Peterfs are also a significant piece of this outreach plan where we're seeing those vrfho have perhaps discovered a church in their local area, through a youth café drop-in, for example. eventually coming to a Friday night at st Peters. We continued to receive funding for a couple of SDF related roles throughout 2024. These roles y￿11 come to be funded by St Peterfs, which was a￿ayS the intention and our commilment to Ihe project. A sustainability plan is being implemented over the next couple of years. FINANCIAL REVIEW Total unrestricted income came to £1,457,390 (2023.. £1.585,860), including £307,974 of designated income (2023: £33,734). Restricted income totalled £86.834 (2023.. £53.114). Income from donations and legacies lotalled £913,394 (2023.. £1,342,109), of which £913,394 was unrestricted (2023.. £1,342,109). The overall surplus for the year, including movement on investments was £37,877 (2023: £119,905). At the balance sheet date ihe church held totsl fvnds of £659,207 (2023: £621.330), of which £394.039 were unrestn'cted (2023.. £191,674), £252,769 were endowed (2023. £410,906) and £12,399 were restricted (2023: £18,750}. Reserves It is Ihe policy of the PCC to retain iwo months, gross staff salaries in reserve to cover any emergencies. At the year end the charity had free reserves of £343,063 (2023: £187.419), this includes the designated fund of £126,328 (2023.. £81,914) leaving a surplus of £216.735 <2023". £105,505). Investment Pollcy The Trustees expect that both capital and inccrfne in the investment fund will grow in real tem15 over the medium to long temi. The Trustees believe thal this will generate the test financial retum for the charity within and acceptable level of risk. Performance is monitored throughout the year and is reviewed as necessary. 16 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BRIGHTON, ST PETER PCC MEMBERS ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 FUTURE PLANS The Charity plans to continue the activities ouuined above In the forthco￿ng years subject to satisfactory funding arrangements. The Charity yvill always p18n to plant churches where Ihe opportunity arises and secured funding from the Di0￿Se of Chichester to plant four in the Brighton & Hove area by Ihe end of 2024. Three have alreao been launched and plans to build operations in the fourth continue, with several other potential luture F48nts also being pursued. STATEMEKf AS TO DISCLOSURE OF INFORMATION TO AUDrroRS In so far as Ihe trustees are aware at the time of approving ow PCC members. annual report th8Te is no rel8vant audtt information of whith the aLKlitor is unaware. Each of the trustees have confirmed that Ihey have taken all sleps that they oughtto have taken as trustees. in order lo make thernseTr￿ aware of ary relevant audit information and to establish that it has been communicated to fhe auditrA. On behalf of tha board of trustees Chns Willls PCC Member and Treasurer 17 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER STATEMENT OF PCC MEMBER'S RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The PCC members are responsible for preparing the accounts Tn accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard FRS102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. Law applicable to charities in England and Wales requires the PCC members to prepare accounts for each financial year which give a tru8 and fair view of the Charity's financial activities during the year and of its financial posilion at the end of the year. In preparing accounts giving a true and fair view, the PCC members should fdlow best practice and: None of the Trustees has any beneficial interest in the charity and there are no related parties to th8 charity. select suitabl& accounting polici8s and then apply them c￿siStenI1y. make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards and statements of recommended practice have been followed, subj￿1 to any departures disclosed and explained in the accounts; and prepare the accounts on the goirvJ concem basis unless it is inappropriate to presume that the charity will continue in operation. The PCC members are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to as￿rtain the financial position of the Charity and which enable th8m to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. 18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER INDEPENDENT AUDITORS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Oplnlon We have audited the finan￿al statements of the Parochial Church Council of the Ecclesiastical Parish of Brighton, St Peter ("the Chariw) and its subsidiary ('Ihe Group,) for the year ended 31 December 2024. which comprise the Consolidated Statement of Financial Activities, the Group Balance Sheet, the Charty Balance Sheet, the Consolidated Cashflow Stalement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UKand Republic of Ireland (United Kingdom GenerallyAccepted Accounts"ng Practice). In our opinion, the financial statements- Give a true and fair view of the state of the Group's and the Charity's affairs as at 31 December 2024 and of its incoming resources and application of resources for the year then ended" Have been propedy prepared in aCCordar￿e with United Kingdom Generally Accepted Accounting Practice,. and Have been prepared in accordance with the requirements of the Charities Act 2011. Basis for Opinion We conducted our audit in accordance ￿￿th International Standards on Auditing {UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the fsnancial statements in the UK. including the FRC'S Ethical Standard, and we have fvlffilled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden￿ we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons Relating to Going Concern We have nothing to report in respect ofthe following matters in relation to which the ISAS (UK) require us to reportlo you where.. The PCC'S use of the going con￿rn basis of accountiro in the preparation of the financial siatements is not appropriate., or The PCC have nol disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Group's or Ihe Charity's ability to conbnue to adopt the going concern basis of accounting for a period of at least 12 months from the date when the financial ststements are authorised for issue. Other Informatlon Theother information comprisesthe information included in theAnnual Report. includingthe Report of the PCC, other than the financial statements and our Auditoff s Report thereon. The PCC are responsible for the other information. Our opinion on the financial statements does not cover the other informatson and, except to the exient otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of Ihe financial statements, our responsibility is to read the other infomation and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtsined in the audit or othe￿iSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detennine whether there is a material misstatement in the financial statements or a Material misstatement of the other information. If. based on the work we have performed, we conclude that there is a material misstatemént of this other information. w8 ar8 required to report that fact. We have nothing to report in this regard. 19 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER INDEPENDENT AUDITORS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Opinlons on Other Matters Prescribed by the Charities Act 2011 In our opinion, based on the work undertaken during the audit: The infomiation given in the Report of the PCC, for the financial year for which the financial statements are prepared is consistent Wbth the financial statements" and The Report of the PCC has been prepared in accordance wvith applicable legal requirements. Matters on Which we are Requlred to Report by Exception In the lighl of ihe knowledge and understanding of Group and its environment obtained during the audit, we have not identified material misststements in the Report of the PCC. We have nothing to report in resped of the following matters in relation to which the Charities Act 2011 require(s) us to report to you if. in our opinion- Adequate and proper accounting records have not been kept. or retums adequate for our audit have not been received from branGh8s not visited by us: or The financial statements are not in agreement with the accounting rec¢xds arKI r8tums" or Certain disclosures of PCC members, remuneration specified by law are not made. or We have not received all the information and explanations we requi￿ for our audit. Responsibilities of the PCC As explained more fully in the PCC responsibilities statement, the PCC are responsible for the preparation of the financial statements and for being sab'sfied that they give a true and fair view, and for such intemal control as the PCC determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the PCC are responsible for assessing the Group's and the Charity's ability to continue as a going conc8m. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the PCC either intend to liquidate the Group or to cease operations, or have no realistic altemative but to do so. Audito¢s Responslbllities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements are free from material misstatement, whelher due lo fraud or error, and to issue an Auditorfs Report that includes our opinion. R8asonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance wth ISAS (UK) will a5ways detect a material misstatement when it exists. Misstatements can arise from fraud or error and are Gonsidered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken based on these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website. This description ft)nns part of our Auditorfs Report. 20 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER INDEPENDENT AUDITORS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Extent to which the audltwas consldered capable of detecting irregularities, including fraud The Objectives of our audit, in respect to fraud, are.. to identify and assess the risks of material misstatement of the financial statements due to fraud. to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses. and to ￿Spond appropriately to fraud or suspected fraud idenlified during the audit. However, the primary responsibility for the prevention and detection of fraud rests ￿ryth both those charged with govemance of the enb.ty and its management. Our approach was as follows: We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general sector experience, and through discussion with the trustees and oiher management (as required by auditing standards). and discussed with the trustees and other management the policies and procedures regarding compliance with laws and regulab'ons {see below). We identified the following areas as those most likety to have such an effect: health and safety,. General Data Prote¢ts"on Regulalon (GDPR),. fraud. bribery and corruption. and employment law. Auditing standards limit the required 8udit procedures to identify non-compliance w￿1h these laws and regulations to enquiry of the irustees and other management and inspects.on of regulatory and legal correspondence, if any. The identified actual or suspected non-compliance VIPS not sufficienuy significant lo our audit to result in our response being identified as a key audit matter. We considered the legal and regulatory frameworks dire¢Uy applicable to the financial statements reporting framework (FRS 102 and the and Charities Act 2011) and the relevant tax compliance regulations in the We considered the nature of the charity's operations. the control environment and financial perfomiance. We communicated identified laws and regulations throughout our team and remained alert to any indicalions of non-compfiance throughout the audit; We considered the procedures and controls that the charity has establish8d to address risks identifi8d, or that otheNise prevent, deter and detect fraud" and how senior management monitors those procedures and contrds. Based on this understanding we designed our audit procedures to idents.fy ti0n-comp1iar￿e with such laws and regulations, INhere the risk was considered to be higher. V￿ performed audit procedures to address each identified fraud risk. These procedures included: tesling manual jouma15; reviewing the financial statement disclosures and testing to supporting documentation" performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error. Owing to the inherent limitations of an audit. Ihere is an unavoidable risk that we may not have detécted some material misstatements in the financial statements, even though we have proper]y planned and performed Dur audit in accordance with auditing standards. For example. the further removed non-complian￿ with laws and regulations (l￿egUlaritIes> is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would idents'fy it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation We are not responsible for preventing non-compliance and cannot be expected to detect non- compliance with all laws and regulations. 21 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER INDEPENDENT AUDITORS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Use of our Report This report is made solely to the Group's and the Charity's members. as a body, in accordance wth the Charities Act 2011. Our audit work has been undertaken so that we might stste to the Group's and to the Charity's member5 those matters we are required to state to them in an Auditorfs Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than th8 Group and the Group's members as a body, for our audit work, for this report. or for the opinions we have formed. Mr Mark Cummins FCCA Senior Statutory Audltor for and on b8half of TC Group Stalutory Auditors Office. Steyning Date: i ?olS 22 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PEfER CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Endowmenl funds funds 2024 2024 Restrlcted funds 2024 Note Total 2024 Total 2023 Income from: Donations and legacles Charitable actlvltles Ordinary ministry of the church Other trading activities Investments 913.394 913,394 1,342.109 456,494 81,381 6,121 86.834 543,328 81,381 6.121 264,381 32,257 227 Total income 1 N57.390 86,834 1,544,224 1.638,974 8nditure on: Raislng funds Subsidiary expenditure Other 40.934 2.880 43,814 40.934 2,880 43,814 1.007 4,544 5.551 Charitable activities Mission Giving Ordinary ministry of the church Development of sites 84.352 1,025,163 271.742 1,381,257 84,352 1,112,348 271,742 1,468,442 30,000 1,444,983 42,976 1,517,959 87,185 87.185 Total expenditure 1A25,071 87,185 1,512,256 1.523,510 Net gainl(loss) on Investments 11 5,909 5,909 4,441 Transfers 17 170.1)46 (164,046) (6,000) N8t incomel{loss) and movement in funds 202,365 (158,137) (6,351) 37,877 119,905 Funds brought forward at 1 January 2024 191,674 410,906 18,750 621,330 501,425 Funds carried forward at 31 December 2024 16 394.039 252 769 659.207 621.330 Unrestricted funds comprise both general and deslqnated funds. Further details are shown in note 17. 23 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 FIXED ASSETS Tanglb16 fixed a88ets lrtvestrnents 10 50.976 416,815 4,255 410.906 11 Total fuod assets 467.791 415.161 CURREMf AssErs Debtofs 12 128.970 375,059 51.PJ)5 410,661 Cash at bank and In hand 13 Totsl current 504029 462,266 LIABILITIES reditors falling due within one year 14 1312,613) (2S6.097) NET CURRENT ASSErs 191.416 206 169 TOTAL ASSEfs LESS CURRENT LIABILrnES 659207 621,330 NET ASSETS 659,207 FUND Unrestrlcted general Designated Pern)anent endovnnenl 16 267,711 126,328 252.769 12.399 109.760 81.914 410.906 18,750 16117 16117 16117 Rostri¢ted 621,330 oved by the Parochial Churth Council on 19th May 2025 and si9r￿d on Its behalf by: Chrfs Wlllls PCC Memberl Treasurer Charity registration number 1146642 Tha notes on pages 27 to 41 fonn part of these accounls. 24 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER CHARITY BALANCE SHEET AS A T 31 DECEMBER 2024 Note 2024 2023 FIXED ASSErs Tangible fixed asets Invesknents 10 11 50,976 41&817 4,255 410,908 Total fixèd assets 467,793 415 163 CURREKf ASSETS Debtors 12 128.970 371,551 51,676 409.688 Cash at bank and In hand 13 Total current assets 500,521 461,364 LIABILITtES Creditors fa]ling due within one year 14 (330.804) {255.1971 NET CURRENT ASSETS 169.717 206,167 TOTAL ASSEfs LESS CURREKf LIABILrriES 637,510 621.330 NET ASSETS 837 510 Unrestricted general Daslgnated Pern)anorrt endowment Rostrlcted 16 246,014 126,328 252,769 12,399 109.760 81,914 410.￿6 18.750 16117 16117 16117 637510 tiy the Parochlal C￿Tch COU￿11 on 19th May 2025 and signed on its bthalf by: Chrls Wlllis PCC Member l TreaSU￿r Charity reglstratlon number 1146642 The notes on pages 27 to 41 fomi part of these aCco￿ts. 25 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 Note 2024 2023 Cash flows from operating activities 21 4726 145,394 Cash flovts from investing activities Interest receivable Assets purchased Net cash used in investing activltles 6,121 227 10 146.650) (2,273) Cash flows from financlng activitles Loan movements Net cash f rom financing actlvities 15 6,322 157,724 6,322 157,724 Net increase l (decrease) in cash Cash and cash equivalents brought forward 35,602 300.845 410,661 109,816 Cash and cash equivalents carried forward 375.059 410 661 Analysis of net cashl(debt) At1 January 2024 At31 Dec8mber 2024 Non Fund balance 267,711 126,328 252 769 12,399 659,207 Year ended 31 December 2023: Unrestricted funds Designated funds Endowment funds Restricted funds Total 2023 Fixed assets Investments Current assets Current liabilities 4.255 4,255 410,906 462,266 {256,097) 410.906 361,602 (256,097) 81,914 18,750 Fund balance 109,760 81.914 410.906 18,750 621,330 17. Funds Restricted Funds Balance at 01-Jan-24 Incoming resources Resources Expended Balance at 31-Dec-24 Transfers Hall Fund Heat or Eat Kempe Stained Glass Fund Liveslream LYN Grants & Fundraising Play Café Safehaven Fund Safehaven Mother and Baby Safehaven Probation Breakfast Club Safehaven Women Vicars Discretionary Fund Miscellaneous 7,400 1,977 (4,007) (101) 3,393 1,876 5,000 60 (825) 1,000 (60} (2.526) (499) (66,775) 3.351 501 66,775 399 399 3.600 7,483 {3.600) (7,163) (1,792) (662) 6.000 2.635 104 (6.000) 320 625 67 Totsl Restricted funds 18,750 86.834 (87,185 6,000 12.399 36 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Funds (continued) The Hall Fund comprises a grant from Benefact Trust tov￿rdS major imFfovement works to the church hall. The Hest or Eat Fund was money given by church members to be distributed to those experiencing financial hardship in the difficult economic climate. The Kempe Stained Glass Fund relates to a grant received towards fuiure repairs to certain historically significant church windows The Livestream Fund is money given towards sét-up and running costs associated with live streaming the church's services. The LYN Grant & Fundraising fund vrfas created to provide support to vulnerable people V4ithin the local community. In 2022 it distributed hot water bottles and provided Christmas meals to those attending the Safehaven ministy. Th8 Play Café Fund was money given towards a new weekly community play café sat up in the church. The Safehaven Fund is money given to fund the operation of Ihe weekly Safehaven drop-ins for vulnerable members of the community. The Safehaven Mother and Baby Fund relates to income received to fund general Safehaven mother and baby work. The Safehaven Probation Breakfast Fund rélates to income received to provide a welcoming safe environment for HM Probation Service offender meetings. The Safehaven Women Fund relates to income received to fund the running of the Safehaven women project. The transfer during the year is to CO￿eCt Ihe allocation of fijnds broughl forward previously spent. The Vicarfs Discreb'onary Fund relates to amounts received towards activities at Ihe Vicarfs discretion. The Miscellaneous Fund is used to hold monies grven for various smaller projects,. during the year this comprised a gift received towards training for the Communications team. Pernianent Endowment Funds Balance at 01-Jan-24 Incomlng resources Resources Expended Trnnsfersl Gains Balance at 31-D8c-24 Investments 410,906 (158,137) 252,769 410.906 158,137 252,769 Investments are held by th8 Diocese of Chichester and CCLA on behalf of St Peters Church. The investments were donated to Ihe Church by the Dioc8se and the capital element of the fund must be held as a permanent endowment. The investment income generated from the funds can be used to support the activits'es of the Church. The transferslgains of £158,137 represent gains on investments of £5.909 (2023.. £4,441) and the transfer of the loan from Chichester Diocesan Board of Finance to the endowment fvnd totalling £164,064 (see note 15 for further details)- 37 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Funds (contlnued) Designated Funds Balance at Ol￿an-24 Incoming resources Resources Expended Transfersl Galns Balance at 31-Dec-24 Buildings fund 200th Anniversary fund 81,914 8,349 299.625 (15.944) {247.616) {74.319) 74,319 126,328 81,914 307,974 126,328 During the year fijnds raised from advertising income and Archbishop Council grants were ring fenced as designated funds for the purpose of building related projects. Various building related projects were undertaken in the year. The 200th Anniversary Fund is a sulFfund of the main Buildings Fund set up better to track income and expenditure associated with the fundraising and activities celebrating the 2())th anniversary of the foundation of the church. 18. Commltments Brighton. Saint Peter has agreed to lease th8 church building from The Churth Renewal Trust for 120 y8ars at a peppercom rent. At 31 December 2024 the charity had totsl commitments under non-cancellable operating leases and contracts as follows.. Land and Land and buildings buildings 2024 2023 Othar Other 2024 2023 Expiry date: Within one year Bel￿een one and two years 2,088 6,264 2,088 8,352 8,352 10,440 Operating lease payments of £894 (2023". £21.508) were made in the year under review. 19. Subsidlary company On 8 January 2015 the charity subscribed for 100 % of the share capital in atrading subsidiary, Bright City Collective Limited. Bright City Collective knmited is a company incorporated in the United Kingdom, company number 9379726. The activily of the subsidiary has been consolidated within these accounts.The company's registered office and principal aédress are the swne as the principal address of St Peters church. Brighton. The subsidiaries financial perfomiance was as follows: 2024 2023 Total incorne 62,631 (40.934 21.697 1,007 (1.OQ7) Total expenditure Profiuloss Capital and reseNes 21,699 38 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 20. Related Parties Hoty Trinity Brompton {HTB) Charlie Coates, member of the PCC, is the son of the Vicar of Holy Trinity Brompton (HTB), th8 Revd. Richard Coales. During the year payments were made to HTB totalling £nil (2023: £nil) and income was received from HTB totalling £nil (2023: £6.551). Atthe Balance Sheet date £nil was owed to HTB (2023: £nil). The Church Renewal Trust Charlie Coates, member of the PCC, is the son of the Revd. Richard Coates, a trustee of the Church Renewal Trust. The Church Renewal Trust has agreed to take a 120-year lease from The Chichester Diocesan Fund & Bcard of Finance on the church building. at a peppercom rent. It has been agreed to lease the building on. at a peppercom rent, to the new Anglican Parish of Brighton. St Peter. Alpha International Charlie Coates, member of the PCC. is the son ofthe Revd. Richard Coates. a trustee of Alpha Intemational. James stinson and Chris Williams, members of the PCC, are employees of Alpha Intemational. During the year payments were made to Alpha Intemats'onal totalling £9.699 (2023= £nil). and grants were received from Alpha Intemalional totalling £nil {2023.' £1,204) and income was received totalling £250 (2023- £nil). At the Balance Sheet dale £nil was owed to Alpha International {2023'. £nil}. The church donated £nil to Alpha Intemational (2023: £2,000). The Church Revitalisation Trust (CRT) Charlie Coates, member of the PCC, is the son of th8 Revd. Richard Coates, a trustee of the Church Revitalisation Trust (CRT). During the year payments were made to CRT totalling £7,710 {2023'. £3.250) and grants were received from CRT totalling £39,250 (2023: £8,353}. At the Balance Sheet date £nil was owed to CRT (2023: £nil}. Tho Chl¢hest8r Diocesan Fund and Board of Flnance (DBF) Revd. Daniel Millest and Revd. Helen Garratt. members of the PCC, are trustees of DBF. Sarah White, member of the PCC, is a member of the DBF Operating Committee. The church received grants from DBF totalling £22.153 (2023: £86,178). The church received unsecured loans from DBF during the year totalling £6,322 (2023.. £157,724). repayable only when and to the extent that the Charity Commission grants access to a specific endowment fund. PCC Members & Connected Parties During both 2023 and 2024 PCC members made various donations to the church. Three members of staff were also members of the PCC (R Barstow. K Millest, J Roe). The church paid a total of £63,14512023'. £101,896) in respecl of such staff. Two of these We￿ also related to members of the PCC.. K Millest (spouse) and J Roe (spouse). R Barstow and J Roe are no longer on staff. Leslie Taylor and Revd. Daniel Millest, members of the PCC. are also members of the PCC at St Cuthman's Church, thitehawk (SCW. James Roe. member of the PCC, joined the staff at SCW during the year. During the year Brighton. St Peter made payments to SCW of £123 (2023: £nil) and recharged costs of £3.619 (2023". £6,000}. At the Balance Sheet date £1,350 (2023.. £1,326) was due from SCW, and a £900 grant received from CRT was due to be passed to SCW. The ChU￿h donated £5,000 lo SCW {2023: £520) and passed on a £963 grant re￿iVed from CRT. Christopher Lomas, member of the PCC, is also a member of the PCC at st Matthias Church, Fiveways, Brighton ISMF). During the year the church made payments to SMF of £nil (2023. £3,839) and recharged costs of £9,211 (2023: £6,799). At the Balance Sheet dat8 £482 (2023.. £1,020) was due from SMF. The church donated £nil to SMF {2023. £520). Revd. Daniel Millest. member of the PCC, is also a member of the PCC at st Leonard's Church, Aldrington. Hove {SLH). During the year the church made payments to SLH of £nil (2023.. £10,780) and recharged costs of £3,688 (2023,, £18,355). At the Balance Sheet date £1,370 (2023: £225) was due from SLH. Toluwa Oyeleye, Samantha Brewer, James Stinson: Charlie Coates and Revd. Daniel Mi1Sest, members of the PCC. are also Irustees of Spear Brighton Trust. During the year the church recharged costs and other expenditure of £nil to Spear Brighton Trust (2023.. £nil). The church donated £nil to Spear Brighton Trust in the year {2023: £nil). 39 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 20. Related Partles (contlnued) During the year the church made payments of £200 {2023: £520) to Off The FenGe Trust. Sarah ljlthile, fnemb8r of the PCC is an employee of Off The Fence Twst. During the year the church made payments of £1,150 (2023: £750) to Bridge the Gap Football. Charlie Coates, member of the PCC. is an employee of Bridge The Gap Football. Hannah Tutpin, member of the PCC. is a self-employed artist. During the year the church purchased artwork and merchandise to the value of £522 from Hannah and her trading style Hantnade Designs (2023: £NIA). During the year barista services with a value of £3,600 (2023: £1,254) We￿ provided to the church Play Café and Alpha Ministy under contract wth Julia Jacob and at the balance sheet date £100 was owed to her (2023.. £nil). Julia Jacob is the spouse of Ben Jacob. member ofthe PCC. During the year paint was purchased from C Brewer & Sons Ltd with a value of £1,068 {2023". £2,163) and at the balance sheet date £nil was owed to them (2023: £64). Samantha Brewe¢s spouse is a director of C Brewer & Sons Ltd. During the year photocopier services were contracted with Phoenix Business Group Ltd with a value of £781 {2023: £2,121) and at the balance sheet date £nil was owed lo them (2023: £nil). Alison Beal's spouse is a director of Phoenix Business Group Ltd. During the year production and filming services were provided to the church by Fruitmedia Ltd with a value cf £5,000 <2023.. £nil} and at the balance sheet date £nil was owed to them (2023: £nil). Anthony Jones, member ofthe PCC. is a director of Fruitmedia Ltd. 21. Net cash Inflow from operatlng activities 2024 2023 Reconciliation to changes in resources Surplusl{defictt) for the year Ir)teiest received Depreciation of tsngible fixed assets (Gain)Iloss on invesbnents {77,365) 50,194 119,￿5 (227) 42,093 (4,441) 80,537 (92,473> 145,394 4,726 40 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIGHTON, ST PETER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 22. Comparatlve Statement of Financial Activlties Unrestricted funds End¢)wment funds Restrlcted fund$ Total 2023 2023 2023 2023 Income frL)m: Donations and legacies Charltable activities 1.342.109 1,342,109 Ordinary minislry of the church Other trading activities Investments 211,267 32,257 227 53,114 264,381 32,257 227 Total income 1,585,860 53,114 1,638,974 ndlture on.. Raising funds Subsidiary expenditure other 1.007 1,007 5.551 5.551 Charitsble a¢tivities Mission Giving Ordinary ministy of the church Developmént of sites 30,000 1 276,670 42.976 1.449.646 1,455,197 30,000 1,444.983 42,976 1517959 68.313 68,313 68,313 Total expendiiuro 1.523,510 Net gainllloss) on investments 4.441 4,441 Net incomelmovement In funds 130.663 4.441 (15,199) 119,905 Funds brought forward at 1 January 2023 61,011 406.465 33,949 501,425 Funds carried forward at 31 December 2023 191.674 410,906 18,750 621,330 41