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2022-12-31-accounts

Parochial Church Council Parochial Church Council Revd Mark Redhouse
Mr Ben Bissett
Mr Henry Brown
Revd Canon Andrew Comes
Mr Geoffrey Cox
Mr Andrew
Gietzen
Mr David Gordon-Watkins
Mrs Heather
Henderson
Mr Gihan Karunanayake
Mr Johnny
Miller
Mr Clive Perry
Mrs Vanessa Redhouse
Mrs Eleanor Shallcross
Mrs Pippa Smith
Mr Peter Staley
Mrs Christine
Wood
Mr Peter Wood
Incumbent Revd Mark Redhouse
Church Wardens Mr Johnny
Miller
Mr Peter Staley
Charity number 1149653
Principal address 53Susans Road
Eastbourne
East Sussex
BN21 3TH
Independent examiner Colin Dadswell
FCAACCA DChA
Caladine
Limited
Chantry
House
22 Upperton
Road
Eastbourne
East Sussex
BN21 1BF

Page
Parochial Church
Council's
report
1-8
Independent
examiner's
report
Statement offinancial activities 10-11
Statement offinancial position 12
Notes to the financial statements 13-27

Current financial year Current financial year
Unrestricted Designated Restricted Total Total
funds funds funds
2022 2022 2022 2022 2021
Notes f. f E F E
~nome fr m:
Donations 189,715 69,269 258,984 290,132
Charitable
activities
12,830 12,830 7,465
Investments 14,503 14,503 5,780
Other income 722
Total income 217,048 69,269 286,317 304,099
Charitable
activities
186,650 10,236 47,921 244,807 390,720
Gains on investments 12 (1,886) (1,886) 1,899
Net incoming/(outgoing) resources
before transfers 28,512 (10,236) 21,348 39,624 (84,722)
Gross transfers between funds 20,21 (16,274) 9,496 6,778
Net movement in funds 12,238 (740) 28,126 39,624 (84,722)
Fund balances at 1 January 2022 27,239 85,472 282,154 394,865 479,587
Fund balances at 31 December
2022 20,21 39,477 84,732 310,280 434,489 394,865

Prior financial year
Unrestricted Designated Restricted Total
funds funds funds
2021 2021 2021 2021
Notes F f
Donations 164,738 125,394 290,132
Charitable
activities
7,465 7,465
Investments 5,687 93 5,780
Other income 722 722
Total income 178,612 125,487 304,099
Exeni
r on:
Charitable
activities
185,126 23,427 182,167 390,720
Gains on investments 12 1,899 1,899
Net incoming/(outgoing) resources before
transfers (4,615) (23,427) (56,680) (84,722)
Gross transfers between funds 20,21 (68,300) 16,167 52,133
Net movement in funds (72,915) (7,260) (4,547) (84,722)
Fund balances at 1 January 2022 100,154 92,732 286,701 479,587
Fund balances at 31 December 2022 20,21 27,239 85,472 282,154 394,865

2022 2021
Notes E f.
Fixed assets
Property,
plant and
equipment 13 208,940 231,904
Investments 14 14,065 15,952
223,005 247,856
Current assets
Trade and other receivables 15 8,287 8,855
Cash at bank and in hand 234,572 196,976
242,859 205,831
Current
liabilities
17 (21,375) (34,238)
Net current assets 221,484 171,593
Total assets less current liabilities 444,489 419,449
Non-current
liabilities
18 (10,000) (24,584)
Net assets 434,489 394,865
Income funds
Restricted
funds
20 310,280 282,154
Designated
funds
21 84,732 85,472
Unrestricted
funds
39,477 27,239
434,489 394,865

Unrestricted Restricted Total Total
funds funds
general
2022 2022 2022 2021
F E
Donations and gifts 185,215 38,815 224,030 246,511
Legacies receivable 2,500 2,500
Grants receivable for core activities 2,000 30,454 32,454 43,621
189,715 69,269 258,984 290,132
Donations and gifts
Planned giving 119,984 119,984 125,824
Collections at all services 5,137 5,137 2,886
Gift days 27,138 27,138 64,685
Sundry donations and appeals 2,423 30,924 33,347 19,039
Gift aid recoverable 30,533 7,891 38,424 34,077
185,215 38,815 224,030 246,511
Grants receivable for core activities
Grants for facilities development project 33,500
Grants for building and maintenance 20,454 20,454 6,700
Grants for associate minister fund 10,000 10,000 1,000
Other 2,000 2,000 2,421
2,000 30,454 32,454 43,621

Books and Church Hall Fees & Total Total
magazines lettings sundry 2022 2021
Sales within charitable activities 694 694 274
Charitable rental income 8,478 8,478 4,692
Other income 3,658 3,658 2,499
694 8,478 3,658 12,830 7,465
Books and Church Hall Fees & Total
magazines lettings sundry 2021
f. E
Sales within charitable activities 274 274
Charitable rental income 4,692 4,692
Other income 2,499 2,499
274 4,692 2,499 7,465
Unrestricted Unrestricted Restricted Total
funds funds funds
2022 2021 2021 2021
F F
Rental income 13,800 5,500 5,500
Interest receivable 703 187 93 280
14,503 5,687 93 5,780
Total Unrestricted
funds
general
2022 2021
f
722

2022 2021
Staff costs 5,382 4,125
Depreciation 22,964 22,964
Diocesan parish
contribution
76,572 73,908
Upkeep ofservices 3,270 3,297
Clergy and interns housing costs 9,076 8,304
Working expenses of the incumbent 3,120 2,556
Church
running
expenses
2,369 1,541
Fetes and events 3,105 973
Evangelism
outreach
and training 777 720
Bookstall expenses 842 241
Youth support 1,350 300
Clergy expenses 311
Church
family support
96 106
128,923 119,346
Grant funding
ofactivities (see note 8)
14,064 19,158
Share ofsupport costs (see note 9) 99,690 249,816
Share ofgovernance costs (see note 9) 2,130 2,400
244,807 390,720
Analysis
by fund
Unrestricted
funds
186,650 185,126
Designated
funds
10,236 23,427
Restricted
funds
47,921 182,167
244,807 390,720

2022 2021
Grants to institutions:
Overseas mission 3,774 9,065
Home mission and other church societies 7,144 6,969
10,918 16,034
Grants to individuals 3,146 3,124
14,064 19,158
Support cos ts
Support Governance Total Support Governance Total
costs
E
costs 2022
E
costs costsf 2021
Staff costs 25,578 25,578 20,876 20,876
Church
maintenance
7,884 7,884 9,926 9,926
Church
hall running
expenses 10,236 10,236 1,360 1,360
Administration 5,932 5,932 6,144 6,144
Insurance 4,991 4,991 5,177 5,177
Church
utilities
6,233 6,233 5,763 5,763
Upkeep ofchurchyard 1,227 1,227
Major building
improvements 37,590 37,590 177,488 177,488
84 Susans Road
improvements 1,246 1,246 21,855 21,855
Accounts and
independent examination 2,130 2,130 2,400 2,400
99,690 2,130 101,820 249,816 2,400 252,216

The avera ge
monthly
number
ofemployees
during
the year was:
2022 2021
Number Number
Administration
Children's worker
Total

10 Employees (Continued)
Employment costs 2022 2021
F F
Wages and salaries 28,337 22,917
Other pension costs 2,623 2,084
30,960 25,001

Unrestricted Unrestricted
funds funds
2022 2021
F F
(1,886) 1,899

Property,
plant and e
quipment
Land and Fixtures and Total
buildings fittings
f
Cost
At 1 January 2022 207,732 86,870 294,602
At 31 December 2022 207,732 86,870 294,602
Depreciation
and impairment
At 1 January 2022 62,698 62,698
Depreciation
charged
in the year 22,964 22,964
At 31 December 2022 85,662 85,662
Carrying
amount
At 31 December 2022 207,732 1,208 208,940
At 31 December 2021 207,732 24,172 231,904

Fixed asset investments
Unlisted
Investments
Cost orvaluation
At 1 January
2022 8 31 December 2022
15,952
Carrying
amount
At 31 December 2022 15,952
At 31 December 2021 15,952

2022 2021
Amounts falling due within one year: E E
Other receivables 3,383 4,166
Prepayments and accrued income 4,904 4,689
8,287 8,855
Loans
2022 2021
Loan from diocese 15,000 20,000
Other loans 8,496 19,167
23,496 39,167
Payable within one year 13,496 14,583
Payable after one year 10,000 24,584

Current
liabilities
2022 2021
E E
Loan from diocese 5,000 5,000
Other loans 8,496 9,583
Other taxation and social security 785 1,522
Other payables 9,345
Accruals and deferred income 7,094 8,788
21,375 34,238
Non-c urrent
liabilities
2022 2021
f
Loan from diocese 10,000 15,000
Other loans 9,584
10,000 24,584

Movement Movement in funds
Balance at Incoming Resources Transfers Balance at
1January 2022 resources expended 31 December
2022
F
Land and Property 207,732 207,732
Associate Vicar Fund 65,685 36,482 (117) 102,050
Major Quinquennial Work Fund 21,581 (26,063) 4,482
Facilities Development Fund 5,805 (9,744) 3,939
Hearing
Aid Loop
Fund 466 466
Tower Restoration Fund 3,580 (3,580)
Gate Widening
Fund
4,691 4,500 (7,548) (1,643)
Youth camps 901 (869) 32
282,154 69,269 (47,921) 6,778 310,280
Movements
for the
year ended 31 December 2021
Movement in funds
Balance at Incoming Resources Transfers Balance at
1 January 2021 resources expended 31 December
2021
F
Land and Property 207,732 207,732
Associate Vicar Fund 65,685 65,685
Facilities Development Fund 78,503 46,852 (177,488) 52,133
Hearing
Aid Loop
Fund 466 466
Tower Restoration Fund 6,700 (3,120) 3,580
Gate Widening
Fund
6,250 (1,559) 4,691
286,701 125,487 (182,167) 52,133 282,154

Balance at Balance at Resources Transfers Balance at
1 January 2022 expended 31 December
2022
F
General Reserves (per Reserves Policy) 54,000 54,000
Administrator
Fund
8,000 (8,000)
Halls Fund 6,000 (10,236) 9,236 5,000
Heater Repairs Fund 2,000 2,000
Ministry Trainee Fund 3,500 3,500
Major Quinquennial Work Fund 3,740 6,260 10,000
Associate Vicar Fund 9,232 9,232
Re-wiring
Fund
1,000 1,000
85,472 (10,236) 9,496 84,732
Movements
for the
year ended 31 December 2021
Balance at Resources Transfers Balance at
1 January 2021 expended 31 December
2021
f.
General Reserves (per Reserves Policy) 47,000 7,000 54,000
Administrator
Fund
8,000 8,000
Halls Fund 6,000 (1,360) 1,360 6,000
Ministry Trainee Fund 3,500 3,500
Major Quinquennial Work Fund 5,000 (1,260) 3,740
Associate Vicar Fund 9,232 9,232
Re-wiring
Fund
1,000 1,000
Property
repairs fund
13,000 (20,807) 7,807
92,732 (23,427) 16,167 85,472

Unrestricted Designated Restricted Total Total
Funds funds funds
2022 2022 2022 2022 2021
F E F
Fund balances are represented by:
Property, plant and equipment 1,208 207,732 208,940 231,904
Investments 14,065 14,065 15,952
Current assets 31,343 85,472 126,044 242,859 303,092
Current liabilities (7,879) (13,496) (21,375) (53,259)
Long term liabilities (10,000) (10,000) (24,584)
38,737 85,472 310,280 434,489 473,105
Unrestricted
Funds
Designated
funds
Restricted
funds
Total
2021 2021 2021 2021
E F E
Property, plant and equipment 24,172 207,732 231,904
Investments 15,952 15,952
Current assets 49,971 85,472 113,589 303,092
Current liabilities (11,006) (42,253) (53,259)
Long term liabilities (39,167) (39,167)
79,089 85,472 239,901 458,522