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





## 

## 

## 

|Rector||Reverend Jane Willis MA||
|---|---|---|---|
|Associate Vicar||Reverend Debbie Beer||
|Church'<br>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<br>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<br>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<br>resources||||2e||7,153||T,153|5,248|
|Total incoming<br>resources|||||138,855|14,866|224|153,945|163,307|
|Resources expended||||||||||
|Costs ofgenerating<br>voluntary income||||3a|||||13|
|Fund-raising<br>trading costs||||3b|34|||34|35|
|Church activities||||3c|143,334|9,206|224|152,764|143,582|
|Governance<br>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<br>between<br>funds|||||17,185|(17,185)||||
|Net incoming/(outgoing)<br>gains/losses|resources||before other recognised||12,612|(11,525)||1,087|19,620|
|Gains/(losses)<br>on revaluation||offixed|assets and investments|6b|814||516|1,330|3,047|
|Gains/(losses)<br>on disposal|investment||assets|6b||||||
|Net movement<br>in funds|||||13,426|(11,525)|516|2,417|22,667|
|Total funds brought<br>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<br>funds||10||8,011|7,495|
|Restricted funds||10||33,793|45,318|
|Unrestricted<br>funds||10||108,076|94,650|
|||||149,880|147,463|





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

|2|Incoming<br>resour|ce|s|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||TOTAL|TOTAL|
||||||Unrestricted|Restricted|Endowment|FUNDS|FUNDS|
||||||Funds|Funds|Funds|2020|2019|
||||||E||F||F|
|a|Voluntary income|||||||||
||Planned<br>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<br>events||||978|||978|4,345|
||Parish magazine|advertising|||758|||758|1,045|
||||||1,736|||1,736|5,390|
|c|Investment<br>income|||||||||
||Dividends<br>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<br>lettings||||114|||114|1,533|
||||||3,079|||3,079|9,103|
|e|Other incoming|resources||||||||
||Insurance<br>claims||||||||5,248|
||Statutory<br>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<br>voluntary income|||||||||
|||Envelope Costs||||||||13|
|||Stewardship<br>costs|||||||||
|||||||||||13|
|b||Fund-raising<br>trading costs|||||||||
|||Fundraising<br>Costs||||34|||34|35|
|||||||34|||34|35|
|c||Church Activities|||||||||
|||Missionary<br>and charitable|giving:||||||||
|||Chichester Diocese Mission||Fund||||||190|
|||Friends<br>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<br>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<br>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<br>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<br>building<br>maintenance||||10,257|||10,257|10,467|
|||Church<br>building<br>improvements||||18,752|||18,752|12,196|
|||Church<br>running<br>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<br>costs and supplies||||2,391|||2,391|2,987|
|||Statutory<br>maternity<br>pay|||||2,879||2,879||
|||||||143,334|9,206|224|152,764|143,582|
|d||Governance<br>costs|||||||||
|||Independent<br>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<br>1 January 2020||19,342|
|Disposals at carrying|value||
|Purchases<br>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<br>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|





##