2020-12-31-accounts

Annual Report.	1-5
Statement ofFinancial Activities.
Balance Sheet.
Notes to the Financial Statements
Accounting Policies	8-9
Incoming Resources.	.10
Resources Expended	.11
Investments, Analysis ofNet assets, Debtors, Creditors	.12
Statement offunds. .	.13
Report ofthe Independent Examiner	..14

Rector		Reverend Jane Willis MA
Associate Vicar		Reverend Debbie Beer
Church' ardens		George Baxter	Vice-Chair
		Rod Price
Treasurer		Keith Birtles
PCC Secretary		Claire Levin
Safeguarding	officer	Sally Allison
Ex-off'icio		Kevin Carey (Reader)
		Gerry Willis (Reader)
		Jenny Brown (Reader)

Representatives elected	to the Deanery Synod to servePom 2020-2023
Claire Levin	Victoria Hall-Smith
Carolyn Bentley	Lesley Webster
Elected Members
Toserve until 2021
Carolyn Bentley	Jan Doxford
Tom Dare	Mary Gibbens
To serve until 2022
Sally Allison	Alison Dewdney
To serve until 2023
Olivia Nagle	Ian Mayor-Smith

								TOTAL	TOTAL
					Unrestricted	Restricted	Endowment	FUNDS	FUNDS
				Notes	Funds	Funds	Funds	2020	2019
						F	F		E
Incoming resources
Voluntary income				2a	133,333	7,713		141,046	142,486
Activities for generating funds				2b	1,736			1,736	5,390
Income from investments				2C	707		224	931	1,080
Church activities				2d	3,079			3,079	9,103
Otherincoming resources				2e		7,153		T,153	5,248
Total incoming resources					138,855	14,866	224	153,945	163,307
Resources expended
Costs ofgenerating voluntary income				3a					13
Fund-raising trading costs				3b	34			34	35
Church activities				3c	143,334	9,206	224	152,764	143,582
Governance Costs				3d	60			60	57
Total resources expended					143,428	9,206	224	152,858	143,687
Net incomingl(outgoing)	resources		before transfers		(4,573)	5,660		1,087	19,620
Gross transfers between funds					17,185	(17,185)
Net incoming/(outgoing) gains/losses	resources		before other recognised		12,612	(11,525)		1,087	19,620
Gains/(losses) on revaluation		offixed	assets and investments	6b	814		516	1,330	3,047
Gains/(losses) on disposal	investment		assets	6b
Net movement in funds					13,426	(11,525)	516	2,417	22,667
Total funds brought forward	at	1 January 2020			94,650	45,318	7,495	14T,463	124,796
Total funds carried forward at 31December 2020					108,076	33,793	8,011	149,880	147,463

		Notes		2020	2019
Fixed assets
Tangible fixed assets		6a
Investments				20,672	19,341
Total fixed assets				20,672	19,341
Current assets
Debtors			15,194		17,598
CBFDeposits			83,279		82,926
Cash at bank			37,242		34,821
			135,715		135,345
Creditors: amounts	falling due within one year		-6,507		-7,223
Net current assets				129,208	128,122
Total assets less current liabilities				149,880	147,463
NET ASSETS				149,880	147,463
Funds
Endowment funds		10		8,011	7,495
Restricted funds		10		33,793	45,318
Unrestricted funds		10		108,076	94,650
				149,880	147,463

2	Incoming resour	ce	s
								TOTAL	TOTAL
					Unrestricted	Restricted	Endowment	FUNDS	FUNDS
					Funds	Funds	Funds	2020	2019
					E		F		F
a	Voluntary income
	Planned giving				81,251			81,251	78,383
	Collections				3,834	997		4,831	12,531
	Gifts				1,085	5,350		6,435	10,424
	Tax recoverable	on	gift aid		22,100	1,366		23,466	23,654
	Grants				25,063			25,063	13,794
	Legacies								3,700
					133,333	7,713		141,046	142,486
b	Activities for generating			funds
	Fund-raising events				978			978	4,345
	Parish magazine	advertising			758			758	1,045
					1,736			1,736	5,390
c	Investment income
	Dividends and interest				707		224	931	1,080
					707		224	931	1,080
d	Income from Church		Activities
	Fees from weddings		etc		1,882			1,882	6,403
	Parish magazine	sales			1,083			1,083	1,167
	Church lettings				114			114	1,533
					3,079			3,079	9,103
e	Other incoming	resources
	Insurance claims								5,248
	Statutory maternity		pay			5,153		5,153
	Henry Smith charity					2,000		2,000
						7,153		7,153	5,248
	Total incoming	resources			138,855	14,866	224	153,945	163,307

F	OR	THE YEAR ENDED 31	DEC	EMBER	2020
	3	Resources expended
									TOTAL	TOTAL
						Unrestricted	Restricted	Endowment	FUNDS	FUNDS
						Funds	Funds	Funds	2020	2019
							F	F	F	F
a		Costs ofgenerating voluntary income
		Envelope Costs								13
		Stewardship costs
										13
b		Fund-raising trading costs
		Fundraising Costs				34			34	35
						34			34	35
c		Church Activities
		Missionary and charitable	giving:
		Chichester Diocese Mission		Fund						190
		Friends International				2,000			2,000	2,000
		Bible Society				1,000			1,000	1,100
		Off the Fence				1,000	10		1,010	1,622
		Christian Aid				1,000			1,000	2,880
		Sussex Pathways				1,000			1,000	1,000
		Family Support Work				1,000	1,103		2,103	1,000
		Royal British Legion (Remembrance			Sunday)					504
		Individual gifts								3,212
		Water Aid								220
		Grants from Henry Smith charity					1,923		1,923
		Use of Rector's Discretionary		Fund			3,291		3,291	550
						7,000	6,327		13,327	14,278
		Diocesan parish contribution				74,035		224	74,259	70,663
		Ministry Team costs and expenses				6,938			6,938	6,577
		Insurance				6,219			6,219	6,071
		Choir, music, copyright fees and licences				453			453	458
		Church services supplies				142			142	300
		Church building maintenance				10,257			10,257	10,467
		Church building improvements				18,752			18,752	12,196
		Church running expenses				2,085			2,085	2,542
		Utilities for church				4,751			4,751	6,837
		Staff salaries				10,311			10,311	10,206
		Office running costs and supplies				2,391			2,391	2,987
		Statutory maternity pay					2,879		2,879
						143,334	9,206	224	152,764	143,582
d		Governance costs
		Independent examination	fee			60			60	57
		Cost ofannual accounts
						60			60	57
		Total resources expended				143,428	9,206	224	152,858	143,687

Investments
		E
Market value 1 January 2020		19,342
Disposals at carrying	value
Purchases at cost
Net gain on revaluation		1,330
Market value 31 December 2020		20,672

Analysi	s o	f Net	assets by fu	nd
				Unrestricted	Restricted	Endowment	Total Funds
				Funds	Funds	Funds	2020
				E	F	F	E
Investment		fixed	assets	12,661		8,011	20,672
Current	assets			101,922	33,793		135,715
Current	liabilities			-6,507			-6,507
				108,076	33,793	8,011	149,880

Debtors
		2020	2019
			E
Income tax recoverable		6,800	7,750
Grant claims		8,303	8,277
Other debtors		91	1,571
		15,194	17,598
Creditors: amounts	falling due within one year
		2020	2019
		F	E
Donations			1,730
Re-ordering		2,337	960
Other		4,170	4,533
		6,507	7,223

					Bal b/fwd	Income	Expenditure	Investments	Bal c/fwd	Bal c/fwd
					1 Jan 2020			revaluation	31	Dec 2020
Unrestricted	Fund
General fund					94,650	138,855	-143,428	814		90,891
Transfer between		funds				17,185				17,185
					94,650	156,040	-143,428	814		108,076
Restricted	Fund
Discretionary	Fund				17,358	350	-3,291			14,417
Legacies					17,185		-17,185			0
Passion Trust					625					625
StGeorges	proceeds				3,250					3,250
Hymn book	fund				1,140					1,140
Churchyard	creation			care	3,750					3,750
Henry Smith	charity		gifts		2,010	2,000	-1,923			2,087
Projector and screen				gift		6,250				6,250
Statutory Maternity			pay fund			5,153	-2,879			2,274
					45,318	13,753	-25,278			33,793
Endowment	Fund
Hannington	Legacy				7,495			516		8,011
					7,495	0	0	516		8,011
Total funds					147,463	169,793	-168,706	1,330		149,880