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2022-12-31-accounts

PAROCHIAL CHURCH COUNCIL of the Parish of St Luke, Queens Park, Brighton

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 DECEMBER 2022

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS PAGES
Annual Report of the Parochial Church Council 1 - 2
Accountant’s report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 11

1

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Administrative Information

St Luke’s Church is situated in Brighton: Queen’s Park. It is part of the Diocese of Chichester within the Church of England.

The correspondence address is St Luke’s Vicarage, Queen’s Park Terrace, Brighton. BN2 9YA.

The Parochial Church Council (PCC) is a charity registered with the Charity Commission, with the number 1154483. PCC members who have served from 1 January 2022 until the date this report was approved are:

Incumbent: The Reverend Julie Newson Church Warden: Mrs. Yvonne Whitley-Jones Church Warden Emeritus: Mr. Peter Burrows Representative on the Deanery Synod: Miss Wendy Stone Safeguarding Representative: Ms. Stephanie Busen-Smith Elected Members: Mr. Russell Robinson, Mr. Martyn Sallis, Mrs Janet Hardacre, Mr. Pete Sykes, Mrs. Louise Cannon, Miss Rebecca Whitley-Jones, Mrs Olive Shaw, Ms Margot Freeman Chairman: Deacon Julie Newson Vice-Chairman: N/A Treasurer: Mr. Chris Whitley-Jones

Structure, Governance and Management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

Objectives and Activities

St Luke’s PCC has the responsibility of co-operating with the incumbent, the Rev’d. Julie Newson, in promoting in the ecclesiastical parish the whole mission of the Church; pastoral, evangelistic, social and ecumenical. It also has maintenance and management responsibilities for the Church and hall in Queen’s Park Road, the Vicarage Room behind the church and the Bute Hall, leased to Harmony Carpets in Sutherland Road/Rochester Street.

Achievements and Performance

Church Attendance

There were 78 parishioners at the close of the year on the Church Electoral Roll, 44 of whom are not resident within the parish. 6 names were removed because they moved away from the parish or no longer attended. One member died. The average weekly Sunday attendance was 34.

Review of the Year

The full PCC met four times during the year with an average level of attendance of 85 per cent. Time was spent during the year discussing Health & Safety and maintenance issues and returning to more ‘normal’ practices following Covid. The return to worship has been slow and cautious, with a reluctance from most people to commit to sharing ministry, particularly in providing the welcome hospitality and refreshments after the services. There was much appreciation of the return of Albert, the donkey, for the children’s Crib Service on Christmas Eve. We held the Advent Carol service and gathered for Midnight Mass and on Christmas Day.

The PCC decided to replace the flooring in the Church Hall, accepting a quote from Surrey Ceilings and Floors, to take up the old Lino tiles and replace these with new Karndean tiles. The new floor covering is very popular with hirers and the space has become even more popular, especially for children’s parties.

The Architect, Jonathan Cerowski, has in hand, the Faculty permission to deal with the conditions placed on us by the Chancellor relating to the outcomes of the Consistory Court case. This was because of removing the dilapidated porch between the choir vestry and the Pre-School. The architect is aware of the prescribed timescale which has been exceeded.

2

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

The Quinquennial Inspection carried out by Jonathan Cerowski, reports a number of urgent repairs required to the roof and water collecting pipes and gutters all around the building. The DAC are insistent that Jonathan Cerowski should be involved in specifying the work to be done and supervising the same, so our plan to embark on the work in March 2023 has been postponed. Once the building is dry, we are aware that a major redecoration inside will be necessary.

Sussex Floor Restoration sanded the two middle sections of the parquet flooring under the pews which has effectively solved the problem of the loose blocks that caused a trip hazard and these two areas now look very good and inspire many to look towards treating the rest of the floor blocks in the same way. A fund raising target!

WiFi connection has now been installed in the building and this has enabled, amongst other connectivity benefits, the installation of a card payment system which will help to solve a problem of donating in what has become a largely cashless society. We are grateful to Bex Whitley-Jones for updating our social media platform and this has the potential to also facilitate donations on-line.

The regular income from the Parish Giving Scheme (PGS) continues to be of benefit to the parish and the PCC would wish to encourage new contributors to the scheme wherever possible.

It is worth noting that we are one of a small number of parishes in the Brighton Deanery who meet their Parish Ministry Costs (also known as Quota or Parish Share) in full. This is very much to our credit and provides a certain amount of security and future proofing for the parish, as strategic management across the Diocese is constantly under review. This is made more essential by the current economic climate and with a reduced number of clergy and falling numbers of worshippers.

The PCC wish to encourage everyone to be as fully involved in ministry as they would like to be, including reading, leading intercessions and serving. More involvement from more people is an equally important measure of growth, as paying all the money that we are asked for!

Financial Review

Total receipts on ordinary unrestricted funds were £115,761 and are detailed in the financial statements. The Bute Hall continues to be let to Harmony Carpets, which provided a gross income of £21,230 that was spent to provide the Christian ministry & mission in St Luke’s Parish, including the contribution to the diocesan parish share, which largely provides the stipends and housing for the clergy. The net result for the year was an excess of income over expenditure on unrestricted funds of £32,364. Adding bank and deposit balances brought forward at the beginning of the year and deducting other creditors, the balances carried forward at 31 December for unrestricted funds amounted to £110,495.

Reserves policy

It is PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months’ unrestricted payments, to cover emergency situations that may arise from time to time. The balance of £110,495 on unrestricted funds at the year-end exceeds this target.

The balance of £26,394 in the Community Space restricted fund is retained towards meeting the cost of the church hall refurbishment. Costs on this project amounted to £Nil during the year. It is our policy to invest our funds balances with the CBF Church of England Deposit Fund.

Approved by the PCC on 19 March 2023 and signed on their behalf by The Reverend Julie Newson.

…………………………………………………………

3

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

This report on the financial statements of the PCC for the year ended 31 December 2022, which are set out on pages 1 to 11, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and s. 145 of the Charities Act 2011 (‘the Act’).

Respective Responsibilities of the Trustees and Examiner

As members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and s.144 of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

Ashley Fox Mr Ashley Fox 4 Lambourne Drive Cobham Surrey KT11 3LB

Date: 19 Mar 2023

4

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2022

Unrestricted Restricted TOTAL TOTAL
Note Funds Funds 2022 2021
£ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 4(a) 65,527 72 65,599 48,630
Income from charitable activities and
ancillary trading 4(b) 49,788 49,788 41,865
Other 4(c) - - -
Investments 4(d) 446 38 484 21
------------------------------- ------------------------------- ------------------------------- -----------------------------------------
TOTAL 115,761 110 115,871 90,516
============== ============== ============== =================
EXPENDITURE ON
Donations 5(a) 1,654 1,654 1,189
Activities directly relating to the work of the
church 5(b) 80,927 11,358 92,285 75,657
Other 5(c) 816 816 794
------------------------------- ------------------------------- ------------------------------- ----------------------------------------------
TOTAL 83,397 11,358 94,755 77,640
============== ============== ============== =====================
NET INCOME/(EXPENDITURE) 32,364 (11,248) 21,116 12,876
Transfer between funds - -
------------------------------- ------------------------------- ------------------------------- ----------------------------------------------
NET MOVEMENT IN FUNDS 32,364 (11,248) 21,116 12,876
RECONCILIATION OF FUNDS
Total funds brought forward 663,134 37,642 700,776 687,900
------------------------------- ------------------------------- ------------------------------- ----------------------------------------------
TOTAL FUNDS CARRIED FORWARD 695,498 26,394 721,892 700,776
============== ============== ============== =====================

The notes on pages 6 to 11 form part of these financial statements.

5

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

BALANCE SHEET 31 DECEMBER 2022

2022 2021
Note £ £

FIXED ASSETS
Investments 7 585,003 585,003
------------------------------------ ------------------------------------
TOTAL FIXED ASSETS 585,003 585,003
CURRENT ASSETS
Debtors 9 650 650
Bank Accounts 12 117,624 91,560
CBF Deposit Accounts 13 34,314 33,869
------------------------------------ ------------------------------------
TOTAL CURRENT ASSETS 152,588 126,079
LIABILITIES
Creditors: Amounts falling due within
one year 10 (15,699) (10,306)
------------------------------------ ------------------------------------
NET ASSETS 721,892 700,776
=============================== ===============================
FUNDS
Unrestricted 8 695,498 663,134
Restricted 8 26,394 37,642
------------------------------- -------------------------------
TOTAL CHARITY FUNDS 721,892 700,776
=============================== ===============================

Approved by the Parochial Church Council on 19 March 2023 and signed on its behalf by:

…………………………………..

The Reverend Julie Newson

On behalf of the Trustees

Registered Charity 1154483

The notes on pages 6 to 11 form part of these financial statements.

6

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. General information

The charity is registered charity in England and Wales and is unincorporated. The address of the principal office is St Luke’s Vicarage, Queen’s Park Terrace, Brighton. BN2 9YA.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)), the Charities Act 2011and the Church Accounting Regulations 2006

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is liable in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.

7

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

3. ACCOUNTING POLICIES (continued)

Incoming Resources

Voluntary Income and Capital Sources

Other Ordinary Income

Rental income from the letting of church premises is recognized when the rental is due.

Income from Investments

Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year.

Gains and Losses on Investments

Realised gains or losses are recognized when investments are sold. Unrealised gains or losses are accounted for on revaluation at 31st December.

Resources Used

Donations

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly related to the work of the church

The parochial quota is accounted for when payable. Quota unpaid at 31st December is provided for in the accounts as an operational (though not legal) liability and shown as a creditor in the Balance Sheet.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficial property is excluded from the accounts by s.10(2) of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on a special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off to the Statement of Financial Activities and separately disclosed.

Investments

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Current Assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provisions for amounts that may prove uncollectible.

8

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted Restricted TOTAL TOTAL
Funds Funds 2022 2021
£ £ £ £
4. INCOME AND ENDOWMENTS
4(a) Donations and legacies
Giving 34,672 34,672 33,482
Income tax recoverable 1,088 1,088 190
Concert series 2,100 2,100 1,878
Coffee and sweets 225 225 35
Receipts for candles 916 916 359
Christian aid collections 1,104 1,104 870
Sundry donations 3,200 72 3,272 4,461
Bequest 10,582 - 10,582 -
Bazaar etc. 11,640 11,640 7,355
------------------------------- ------------------------------- ------------------------------- --------------------------------------
65,527 72 65,599 48,630
============== ============== ============== ================
4(b) Income from charitable activities and ancillary trading
Bute Hall income 21,230 21,230 20,916
Church and Hall income 10,538 10,538 3,858
Vicarage Room income 16,680 16,680 15,345
Fees 1,340 1,340 1,746
------------------------------- ------------------------------- ------------------------------- -----------------------------------------
49,788 49,788 41,865
============== ============== ============== =================
4(c) Other
Arts Project income - - -
============== ============== ============== =================
4(d) Investments
Dividends and interest 446 38 484 21
============== ============== ============== =================
TOTAL 115,761 110 115,871 90,516
============== ============== ============== =================

9

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted Restricted TOTAL TOTAL
Funds Funds 2022 2021
£ £ £ £
5. EXPENDITURE ON
5(a) Donations etc.
1,654 1,654 1,189
============== ============== ============== =================
5(b) Activities directly relating to the work of the Church
Diocesan quota 49,164 49,164 46,808
Repairs and maintenance 13,124 11,358 24,482 6,846
Heat, light and water 5,432 5,432 5,578
Sanctuary costs and cleaning 799 799 2,879
Reading sheets 252 252 222
Sunday School expenses - - -
Bute Hall costs 3,321 3,321 3,116
Church insurance 3,365 - 3,365 3,259
Vicar’s discretionary fund/expenses 650 650 550
Organ tuning 869 869 1,336
Bank charges 314 314 217
Vicarage rates 1,588 1,588 1,541
Flowers 240 240 175
Community space/porch costs - - - -
Diocesan fees 719 719 1,810
Sundry expenses 1,090 1,090 1,320
------------------------------- ------------------------------- ------------------------------- ------------------------------------------
80,927 11,358 92,285 75,657
============== ============== ============== =================
5(c) Other
Printing, stationery etc 816 816 794
============== ============== ============== =================
TOTAL 83,397 11,358 94,755 77,640
============== ============== ============== =================

6. STAFF

During the year the PCC did not employ anyone. The team of organists and the cleaner received no remuneration.

7. FIXED ASSETS – Investment Property

The book value of the Bute Hall (£585,003) is that used for insurance purposes, and is considered to be a fair estimate of the value in use of this property.

10

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

8. ANALYSIS OF NET ASSETS BY FUND

Unrestricted Restricted TOTAL TOTAL
Funds Funds 2022 2021
£ £ £ £
Fixed Assets 585,003 585,003 585,003
Current Assets 126,194 26,394 152,588 126,079
Current Liabilities (15,699) - (15,699) (10,306)
------------------------------- ------------------------------- ------------------------------- ----------------------------------------------
695,498 26,394 721,892 700,776
============== ============== ============== =====================
9. DEBTORS
2022 2021
£ £
Taxation recoverable 650 650
-------------------------- --------------------------
650 650
========================== ==========================
10. LIABILITIES: Amounts falling due within one year
2022 2021
£ £
Gas and electricity 988 596
Concert series 354 -
Leo House 550 -
Quota 4,097 -
Rent in advance 9,710 9,710
------------------------------------ -------------------------------
15,699 10,306
==================================== ===============================

11. FUND DETAILS

The restricted funds comprise:

11

PAROCHIAL CHURCH COUNCIL OF ST LUKE, QUEENS PARK, BRIGHTON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

12. BANK ACCOUNTS

2022 2021
£ £
Current account 91,598 53,918
Community space fund 26,026 37,642
-------------------------- --------------------------
117,624 91,560
========================== ==========================

13. CBF DEPOSIT ACCOUNTS

2022 2021
£ £
No.1 account 2 2
No.2 account 27,217 26,864
No.3 account 7,095 7,003
-------------------------- --------------------------
34,314 33,869
========================== ==========================

14. BEQUESTS

The Grace Douglas bequest (£27,217 at 31.12.22) and the Gwen Suckling bequest (£7,095 at 31.12.22) are for use as directed by the PCC of St Luke’s, and are therefore classed as unrestricted funds in these accounts.

Issuer

Issuer PRB Accountants LLP Document generated Mon, 20th Mar 2023 14:22:19 UTC Document fingerprint 39cf3490a8a020b06b3e98ca9dbd0107

Parties involved with this document

Document processed

Party + Fingerprint

Mon, 20th Mar 2023 15:03:29 UTC Mon, 20th Mar 2023 15:08:34 UTC

Julie Newson - Signer (b90509e0f729122e20e6ae14839d8739) Ashley Fox - Signer (74506a6fabb69f3a7bb8bcc889655bfe)

Audit history log

Date

Action

Mon, 20th Mar 2023 15:08:34 UTC Mon, 20th Mar 2023 15:08:34 UTC Mon, 20th Mar 2023 15:05:33 UTC Mon, 20th Mar 2023 15:05:20 UTC Mon, 20th Mar 2023 15:03:32 UTC Mon, 20th Mar 2023 15:03:30 UTC Mon, 20th Mar 2023 15:03:29 UTC

Mon, 20th Mar 2023 15:03:29 UTC Mon, 20th Mar 2023 14:58:14 UTC Mon, 20th Mar 2023 14:58:06 UTC Mon, 20th Mar 2023 14:28:30 UTC Mon, 20th Mar 2023 14:28:30 UTC

Mon, 20th Mar 2023 14:26:34 UTC Mon, 20th Mar 2023 14:26:34 UTC Mon, 20th Mar 2023 14:24:41 UTC Mon, 20th Mar 2023 14:22:19 UTC

The envelope has been signed by all parties. (88.98.81.118) Ashley Fox signed the envelope. (88.98.81.118) Ashley Fox viewed the envelope. (88.98.81.118) Ashley Fox opened the document email. (87.248.115.16) Julie Newson viewed the envelope. (86.137.206.187) Document emailed to afoxmfox@aol.com (13.40.45.3) Sent the envelope to Ashley Fox (afoxmfox@aol.com) for signing. (86.137.206.187) Julie Newson signed the envelope. (86.137.206.187) Julie Newson viewed the envelope. (86.137.206.187) Julie Newson opened the document email. (86.137.206.187) Document emailed to julie.newson@btinternet.com (13.40.67.201) Sent the envelope to Julie Newson (julie.newson@btinternet.com) for signing. (185.96.17.3) Ashley Fox has been assigned to this envelope (185.96.17.3) Julie Newson has been assigned to this envelope (185.96.17.3) Document generated with fingerprint 39cf3490a8a020b06b3e98ca9dbd0107 (185.96.17.3) Envelope generated by Chris Whitley-Jones (185.96.17.3)