Trustees Annual Report and Financial Statements
The Parochial Church Council of Saint Mary, Kemp Town Year ended 31 December 2023
| Contents | |
|---|---|
| Annual Report | 2 |
| Report of the Independent Examiner | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Statement of Assets and Liabilities | 10 |
| Fund movement by type | 11 |
| Analysis of Income and Expenditure | 12 |
| Notes to the financial statements | 14 |
St Mary’s Church, Kemp Town, 61 St James’s Street, Brighton BN2 1PR Registered Charity No. 1158922
Incumbent: The Reverend Andrew Woodward, St Mary’s Church 61 St James’s Street, Brighton BN2 1PR Independent Examiner: Mr. Martin Bartholomew 21 Mariners Quay, Littlehampton BN17 5DA
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The Parochial Church Council of Saint Mary, Kemp Town
Year Ended 31 December 2023
Trustees Annual Report for 2023
Structure, Governance and Management
The Parochial Church Council of the Ecclesiastical Parish of Kemp Town: Saint Mary is a registered charity, no. 1158922.
During the year, the following served as members of the PCC:
Ex Officio Members Incumbent: The Reverend Andrew Woodward, Chairman The Reverend Sarah Van den driessche, Assistant Curate (until October 2023) Churchwardens: Ms Kaye Inglis Mrs. Jane Chetwynd-Appleton, also PCC Secretary Elected Members: Mrs. Margaret Green, Reader Mrs. Joanna Gordon-Hall, Reader Ms Rebecca Donoher Mrs. Gladys Masvosva ALM Ms Naume Chawuluka Mr. Michael Folkard (Resigned April 2023) Mr. Adrian Jenkins (from April 2023, resigned January 2024) Ms Jane Pritchard Vacant Vacant Deanery Synod Representatives: Mr. Paul Stacey Mrs. Denise Sutherland Mr. Philip Davis, Treasurer
Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent, lay readers licensed to officiate in the church, the churchwardens, and members of the Deanery, Diocesan and General Synods), and up to nine members of the church, who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for membership of the PCC and we try to ensure a balance of skills and experience where possible.
Aim and Purposes
The primary objective of St Mary’s PCC is the promotion of the gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of cooperating with the incumbent, the Reverend Andrew Woodward, in promoting in the ecclesiastical parish the whole mission of the Church - pastoral, evangelical, social and ecumenical.
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Objectives and Activities
Our mission is to promote and secure the future of St Mary’s as a church that meets the spiritual needs of our parishioners and visitors to our parish, provides a welcoming space for secular public use and positions itself as an asset and resource for the whole community.
The PCC maintains an overview of worship throughout the parish and proposes and nurtures services and activities to engage the diverse groups that live within our parish.
Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, the Incumbent and the PCC have considered the Charity Commission’s guidance on public benefit, and, in particular, the specific guidance on ‘charities for the advancement of religion’. In particular, we try to enable local people to live out their faith as part of our parish community through:
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worship and prayer: learning about the gospel, and developing their knowledge of and trust in Jesus Christ,
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provision of pastoral care for people living in the parish,
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missionary and outreach work.
Maintaining the fabric of St Mary’s Church and of St Mary’s Church Hall and improving the facilities of both buildings is essential to achieving our mission.
Achievements and Performance
Church attendance and ceremonies
At 31 December 2023, there were 107 members on the church roll, of whom over 70% are not resident in the parish. The weekly attendance in 2023, counted during October in accordance with the church statistics requirement was 63, compared with 63 in 2022.
Fr Andrew conducted one funeral for a dear parishioner Sheila Stacey at St Mary’s on 3rd February, followed by a cremation and a later a burial of ashes. There were no weddings in 2023. Fr Andrew attended the funeral of Rosy Chetwynd-Appleton in January 2023 in Leicester, the daughter of Jane Chetwynd-Appleton, our Churchwarden and the funeral of Heather Edwards, the sister of Seana Edwards in Eastbourne in February 2023.
After 8 years in the role, Fr Andrew relinquished his role as Rural Dean of Brighton on 31 January 2023.
Review of the year
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As well as in person, Sunday worship was live-streamed every Sunday. Public worship at the smaller weekday services has continued. We were able to conduct our normal complement of Christmas services in public with the Mayor for Brighton and Hove, Cllr. Jackie O’Quinn. The MP for Kemp Town, Lloyd Russell- Moyle sent apologies this year as he was away on the COP 28 conference.
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The full PCC met six times during the year, in January, February, May, July, September and December. Each meeting was quorate. Minutes of the deliberations were received by the full PCC and discussed where necessary. The Standing Committee has been reintroduced and comprises of the Incumbent, the two Churchwardens, the Treasurer and the Safeguarding Officer. Full minutes are taken of all meetings
Our Parent and Toddler group, “Kemp Town Koalas” continued to meet throughout the year run by Kaye Inglis, Steve Watters, Shari-Ann Bolton and myself. Our Drop in Community café continued on a
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Wednesday afternoon throughout the year. We are grateful for the support of the Brighton College Students and for the provision of sandwiches on a weekly basis from Brighton College.
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Breadwinners continue to use the outside of the East porch every Saturday between 10am and 4pm employing refugees and asylum seekers. We do not currently charge a pitch fee.
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Ecclesiastical Insurance came for a survey visit in February 2023. Only three areas were identified as requiring attention, namely provision of a key register, health and safety policy and a lifting of equipment policy, which have all been acted upon We were grateful for their advice.
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Kaye Inglis took on the provision of our Lent lunch in February honouring the past contributions of Sheila Stacey in this regard.
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Fr Andrew continued to lead the weekly choir practices supported by Nick Andrews who kindly led the practice on the fourth Tuesday of the month.
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Margaret Green continued to lead our Pastoral Care Team which met every other month either on zoom or face to face to pray for the needs of the parish and especially those who are vulnerable or housebound.
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We were delighted to celebrate with Gladys Masvosva on 29 April as she was commissioned as our first Authorised Lay Minister – ALM.
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On 8 May we hosted a wonderful Coronation Organ recital with contributions from Jon Leigh, John March, Michael Kirsch and Shari-Ann Bolton.
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On 25th May Revd Sarah and I hosted an event with a large contingent of Beaver Scouts who visited the building and had a special tour to see our various treasures and historical artifacts.
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Margaret Green and Jane Appleton arranged a lovely trip to Berwick Church on 16 September to view Bloomsbury group murals by Duncan Grant, Vanessa Bell and Quentin Bell. A good time was had by eleven of us including a pub lunch.
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Revd Sarah Van den driessche completed her training with St Mary’s in 2023 but sadly suffered a seizure in October 2023 and is in sabbatical until April 2024. We are grateful for all Sarah has contributed to the life of St Mary’s and wish her a speedy recovery.
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Our Christmas services were well attended, including a fabulous Crib service led by Rev’d Jenny, who has Permission to Officiate at St Mary’s, with around 45 attending. Our Christmas Day drop in lunch served over 80 people including families with small children. Our Christmas appeal raised £7,643.50 – an amazing result and the best on record.
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Kaye Inglis and Margaret Green lead our ECO group which has had a significant impact on the consumables we use, recycling of wax, cartridges and batteries together with the use of compostable cups and collection thereof by Recorra. We have abandoned any use of single use plastic. Our Bronze award with Arocha is in sight.
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Grants from Stewardship, The National Lottery Community Fund, The Diocese of Chichester, The John Booth Charitable Trust, The Letitia, Tarner, Tilbury Trust, The St Anne’s Trust, BHCC, the Community Trust of the BVM and the Listed Places of Worship Grant Scheme (LPWGS), are gratefully acknowledged in 2023 and noted respectively below under section 9 on page 15.
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Financial Review
- Total receipts (general unrestricted and restricted funds) were £125,375. Total outgoings were £123,715, a surplus of income over expenditure of £1,660.
Income £125,375 Expenditure £123,715 Surplus £1,660
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£36,000 was paid in the year to the Diocese as our pledge towards the Parish Ministry Contribution (PMC). This pays towards a 0.67 stipend for the incumbent, housing for the clergy, a contribution to clergy pensions, and a standard sum for diocesan central costs, diocesan clergy training and a contribution to the national church funds.
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We maintain a balance of designated funds via our CCLA deposit account which stood at £26,275 at the end of 2023 made up of the St Mary’s Hall Assn, music grant, £1,175, Sheila Stacey fund for Pentatych repair, £2,000. Balance of Diocesan energy grant £10,800, Diocesan grant re Koalas £1,000, Solicitors fees provision for West Side £3,000, Christmas 2023 balance £3,300, National Lottery Community Fund balance held for expenditure in January 2024, £5,000.
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The restricted funds as per two of our investment funds totaling £34,350 are detailed in our accounts and have the Diocese as Custodian Trustee. The Friends account is designated for fundraising purposes. The Friends account balance of £198 is held on a separate Barclays deposit account.
Reserves policy
It is PCC policy to maintain a balance of £50,000 in unrestricted funds for emergency building repair, and additionally a balance of four months’ general expenditure in unrestricted funds.
It is PCC policy to invest funds with the CBF Church of England Deposit Fund. The fund balance at 1 January 2023 was 26,079.14, and at 31 December 2023, £26,275.00.
Total cash available as at 31 December 2023: £147,441.
Approved and signed on their behalf by
==> picture [195 x 59] intentionally omitted <==
Reverend Andrew J Woodward Chair of Trustees.
22nd February 2024
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Parochial Church Council of the Ecclesiastical Parish of Kemp Town: Saint Mary Year ended 31 December 2023
Independent Examiner’s Report to the Parochial Church Council,
St Mary’s Church Kemp Town, Brighton
I report to the Trustees on my examination of the accounts of the Parochial Church Council (PCC) of St Mary’s Church Kemp Town, Brighton.
Responsibilities and Basis of the Report
As the charity trustees of the Parochial Church Council, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the PCC’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the PCC as required by section 130 of the Act, or,
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the accounts do not comply with those records; or
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the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair view” which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed
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Name: Mr. Martin Bartholomew
Relevant professional qualification: Company Director
Address: 21 Mariners Quay, Littlehampton, West Sussex, BN17 5DA
Date: 26 February 2024
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Statement of Financial Activities
| Unrestricted Designated Restricted Total Prior year 50,882 2,000 - 52,882 44,460 47,995 - - 47,995 56,381 3,546 - - 3,546 3,208 20.952 - 20,952 98,193 123,375 2,000 - 125,375 202,242 6,324 - 6,324 6,892 78,410 - - 78,410 81,421 38,981 - - 38,981 90,012 123,715 - - 123,715 178,325 -340 2,000 - 1,660 23,917 - - - - - - - 7,337 (15,751) - 7,337 (15,751) - 198,450 190,284 - 207,447 198,450 6.972 - 6,972 23,512 6,300 6,300 - - 18,000 18,000 - 79,646 - 79,646 74,782 34,350 34,350 31,877 42,006 - 42,006 41,800 5,000 5,000 1,000 1,000 - - - 1,500 2,000 2,000 - 198 198 400 - - - 600 - - - 1,104 1,175 - 1,175 1,175 - 10,800 - 10,800 21,700 6,972 166,125 34,350 207,447 198,450 |
|
|---|---|
| Income and endowments from: Donations and legacies Income from charitable activities Investments Other income Total income Expenditure on: Raising funds Expenditure on charitable activities Other expenditure Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains / losses on investment assets Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated West side fund 3,000 Christmas fund 3,300 Piano (transferred from General fund) St Mary’s Investment assets Diocese as Custodian Trustee Other tangible assets National Lottery Fund Koalas grant - Diocese POCA Proceeds of Crime CCTV Pentatych repair Friends Fund LTT Fund South Aisle windows St Mary’s Hall - Music fund Diocesan Energy Grant |
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Balance sheet
| Class and code Description Fixed assets 6000 CBF deposit fund 610369002D 6010 CBF Investment Fund Income 610369001S 6020 CBF Fixed interest 610369001F 6030 CBF Investment General Religious 110001101S 6040 CBF Fixed Interest Sunday School 110001259F Sub Total Funds 7000 Church Hall - at cost freehold property 7010 Church Hall Flat - renovations at cost 7020 Equipment - at cost 7030 Piano Total Fixed assets Current assets 5000 Barclays Church a/c 2734 5010 Barclays Friends a/c 3047 5020 TDS Custodial Z05 Accounts Receivable Total Current assets Liabilities 6998 Diocesan loan 6699 Agency collections and accounts payable Z04 Barclaycard Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Gains/(losses) on investment assets Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
Class and code Description Fixed assets 6000 CBF deposit fund 610369002D 6010 CBF Investment Fund Income 610369001S 6020 CBF Fixed interest 610369001F 6030 CBF Investment General Religious 110001101S 6040 CBF Fixed Interest Sunday School 110001259F Sub Total Funds 7000 Church Hall - at cost freehold property 7010 Church Hall Flat - renovations at cost 7020 Equipment - at cost 7030 Piano Total Fixed assets Current assets 5000 Barclays Church a/c 2734 5010 Barclays Friends a/c 3047 5020 TDS Custodial Z05 Accounts Receivable Total Current assets Liabilities 6998 Diocesan loan 6699 Agency collections and accounts payable Z04 Barclaycard Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Gains/(losses) on investment assets Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
Thisyear Prioryear 26,275 26,079 19,748 18,049 59,898 56,733 19,847 18,141 14,503 13,736 140,271 132,738 12,725 12,725 26,122 26,122 3,159 3,159 18,000 18,000 200,277 192,744 10,288 6.362 198 400 - - 745 - 11,231 6.762 - - 197 (660) 3,864 1,716 4,061 1,056 207,447 198,450 1,660 23,917 198,450 190,284 7,337 (15,751) 207,447 198,450 6,972 23,512 166,125 143,061 34,350 31,877 - - 207,447 198,450 |
|---|---|---|
| Fixed assets 6000 CBF deposit fund 610369002D 6010 CBF Investment Fund Income 610369001S 6020 CBF Fixed interest 610369001F 6030 CBF Investment General Religious 110001101S 6040 CBF Fixed Interest Sunday School 110001259F Sub Total Funds 7000 Church Hall - at cost freehold property 7010 Church Hall Flat - renovations at cost 7020 Equipment - at cost 7030 Piano Total Fixed assets Current assets 5000 Barclays Church a/c 2734 5010 Barclays Friends a/c 3047 5020 TDS Custodial Z05 Accounts Receivable Total Current assets Liabilities 6998 Diocesan loan 6699 Agency collections and accounts payable Z04 Barclaycard Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Gains/(losses) on investment assets Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
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Statement of assets and liabilities
| General Designated Restricted Endowment Thisyear Lastyear | |
|---|---|
| Fixed assets - Heritage assets Church Hall - at cost freehold property - Church Hall Flat - renovations at cost - Equipment - at cost - Totals Fixed assets - Investments CBF deposit fund 610369002D - CBF Investment Fund Income 610369001S - CBF Fixed interest 610369001F - CBF Investment General Religious 110001101S - CBF Fixed Interest Sunday School 110001259F - Totals Fixed assets - Tangible assets Piano - Totals Current assets - Cash at bank and in hand Barclays Church a/c 2734 - Barclays Friends a/c 3047 - TDS Custodial - Totals Current assets - Debtors Accounts Receivable - LPWGS Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Barclaycard Accounts Payable Totals Grand total |
- 12,725 - - 12,725 12,725 - 26,122 - - 26,122 26,122 - 3,159 - - 3,159 3,159 |
| - 42,006 - - 42,006 42,006 - 26,275 - 26,275 26,079 - 19,748 - - 19,748 18,049 - 59,898 - - 59,898 56,733 - 19,847 - 19,847 18,141 - 14,503 - 14,503 13,736 - - - - - - - - - - - |
|
| - 147,927 34.350 - 182,277 174,745 - 18,000 - - 18,000 18,000 |
|
| - 18,000 - - 18,000 18,000 10,288 - - 10,288 6,362 198 - 198 400 - - - - - |
|
| 10,288 198 - 10,486 6,762 745 - - 745 |
|
| 745 - - 745 - - - (173) |
|
| - - - - (173) 1,716 3,864 - , - 3,864 197 - - - 197 (487) |
|
| 4,061 - 4,061 (1,056) |
|
| 6,972 166,125 34,350 - 207,447 198,450 |
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Fund movement by type
| Opening IncomingOutgoing Transfers Gains/losses Closing |
|
|---|---|
| Invest Investment Assets Restricted Sub-total for inv res Invest Investment Assets Designated Sub-total for inv des Proceeds of Crime CCTV Designated Sub-total for CCTV Friends - Friends Fund Designated Sub-total for Friends LTT - LTT Fund Designated Sub-total for LTT South Aisle windows Designated Sub-total for Windows Music Fund Designated Sub-total for Music Diocesan Energy Grant Designated Sub-total for Energy grant Tangible - Tangible assets Designated and piano Sub-total for Tangible General - General fund Unrestricted Sub-total for General Pentatych £2,000 West Side Fund £3,000 Christmas Fund £3,300 Koalas £1,000 Nat Lottery net £5,000 Grand total |
31,877 - 2,473 34,350 |
| 31.877 - - - 74,782 - - - 4,864 79,646 - - - - |
|
| 74.782 - - 7,337 79,646 1,500 1,500 NIL - - - - - - |
|
| 1,500 - - 400 202 - - 198 |
|
| 400 202 - - 198 600 800 1,400 - - Nil |
|
| 600 800 1,400 - - Nil 1,104 1,104 Nil - - - - |
|
| 1,104 1,104 - - Nil 1,175 - - - 1,175 |
|
| 1,175 - - - 1,175 21,700 10,900 - - 10,800 |
|
| 21,700 10,900 - - 10,800 41,800 18,206 - 60,006 |
|
| 41,800 - 18,206 - 60,006 23,512 125,375 123,715 (18,206) 6,972 |
|
| 23,512 125,375 123,715 - - |
|
| Nil 14,300 14,300 |
|
| 198,450 140,475 138,821 0 7,337 207,447 |
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Analysis of income and expenditure
| Unrestricted | Designated | Restricted | Insurance | This year | Last year | |
|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies | ||||||
| 0100 - Giving: gift aided | 22,178 | - | - | - | 22,178 | 23,395 |
| 0110 - Giving: Cash from services | 3,298 | - | - | - | 3,298 | 4,693 |
| 0120 - Giving: non-gift aided | 10,000 | 2,000 | - | 12,000 | 2,786 | |
| 0200 - Other donations - Donations /candle | 6,021 | - | - | - | 6,021 | 5,297 |
| 0210 - All other donations | 823 | - | - | - | 823 | |
| 0220 - All other donations - Refreshments | 253 | - | - | 253 | 131 | |
| 0240 - All other donations - Flowers | - | - | - | - | - | - |
| - | - | - | - | |||
| - | ||||||
| 0270 - All other donations – Just Giving | 1,844 | - | - | - | 1,844 | 821 |
| receipts | ||||||
| 0320 - Gift aid recovered | 6,455 | - | - | 6,455 | 7,327 | |
| 0340 - Legacies received | - | - | - | - | - | |
| 0520 - Friends donations | 10 | - | - | - | 10 | 10 |
| Total | 50,882 | 2,000 | - | - | 52,882 | 44,460 |
| Income from charitable activities | ||||||
| 0230 - Loyalty Bank payments | 52 | - | - | - | 52 | 58 |
| 0510 - Proceeds from Fund raising - Events | 5,272 | - | - | - | 5,272 | 8,003 |
| 0700 - Church lets | 14,131 | - | - | 14,131 | 14,400 | |
| 0710 - Church Hall lets: St Anne's Trust | Nil | - | - | Nil | 7.755 | |
| 0720 - Church Hall lets: Ad hoc | 5,571 | - | - | - | 5,571 | 1,656 |
| 0730 - Church Hall lets: Flat | 3,000 | - | - | 3,000 | 3,400 | |
| 0740 - Church Hall | 18,718 | - | - | 18,718 | 19,962 | |
| 0741 - Church Hall - Koalas | 514 | - | - | 514 | 217 | |
| 0800 - PCC Gross fees | 737 | - | - | - | 737 | 930 |
| Total | 47,995 | - | - | 47,995 |
56,381 | |
| Investments | ||||||
| 0600 - Investment income | 3,546 | - | - | - | 3,546 | 3,208 |
| Total | 3,546 | - | - | - | 3,546 | 3,208 |
| Other income | ||||||
| 0330 - VAT recovered via LPWGS | 599 | - | - | - | 599 | 10,831 |
| 0400 - Stewardship grant | 2,000 | - | - | 2,000 | ||
| 0405 - HLF | - | - | - | - | - | 41,257 |
| 0410 - Grant income – Letitia, Tilbury | 800 | - | 800 | 600 | ||
| 0420 - Grant income Sussex Historic Churches | - | - | - | - | - | 2,500 |
| Trust | ||||||
| 0430 - Other Grant Income | 2,668 | - | 2,668 | 5,427 | ||
| 0001 - Diocesan Energy Cost Grant | 1,838 | - | - | - | 1,838 | 21,700 |
| 0000 - St Anne’s Trust | 1,250 | - | - | - | 1,250 | - |
| 0950 - National Lottery Community Fund | 10,000 | - | - | - | 10,000 | - |
| 0951 - Other Income - Big Issue | 1.797 | - | - | - | 1,797 | 4,148 |
| Total | 20,952 | 20,952 | 98,193 | |||
| INCOME TOTAL | 123,375 | 2,000 | 125,375 | 202,242 |
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| Unrestricted | Designated | Restricted | Endowment | This year | Last year | |
|---|---|---|---|---|---|---|
| EXPENDITURE | ||||||
| Raising funds | ||||||
| 2200 - Fees – Recitals/events | 6,000 | - | - | 6,000 | 6,590 | |
| 2215 - Church Licensing | 324 | - | - | - | 324 | 302 |
| 2216 - HLF Phase II expenses | - | - | - | - | - | - |
| Total | 6,324 | - | - | 6,324 | 6,892 | |
| Expenditure on charitable activities | ||||||
| 2000 - Parish Ministry Contribution | 36,000 | - | - | - | 36,000 | 30,000 |
| 2099 - Venue Administrator expenses | 1,583 | - | - | - | 1,553 | 1,851 |
| 2101 - Activities Manager salary inc PAYE | - | - | - | - | - | 3,954 |
| 2110 - Tax – HMRC included in 2101 | - | - | - | - | - | - |
| 2220 - Fees - Deputizing clergy | 74 | - | - | - | 74 | 470 |
| 2230 - Fees - Deputizing organists | 2,775 | - | - | - | 2,775 | 2,720 |
| 2300 - Bank and card charges | 559 | - | - | - | 559 | 565 |
| 2630 - Church - maintenance | 10,370 | - | - | - | 10,370 | 18,827 |
| 2660 - Church - Music (Organ and piano | 756 | - | - | - | 756 | 2,046 |
| upkeep) | ||||||
| 2700 - Admin Professional development | 2,664 | - | - | - | 2.664 | 1,226 |
| 2800 - Utilities Church Electricity | 3,637 | - | - | - | 3.637 | 3,082 |
| 2810 - Utilities - Church Gas - Main | 11,771 | - | - | - | 11,771 | 7,210 |
| 2820 - Utilities Church Gas - Vestry | 1,106 | - | - | - | 1,106 | 811 |
| 2830 - Utilities - Church Water | 190 | - | - | - | 190 | 170 |
| 2840 - Utilities - Church Hall Electricity | 1,707 | - | - | - | 1.707 | 3,335 |
| 2850 - Utilities - Church Hall Gas | 1,896 | - | - | - | 1.896 | 2,610 |
| 2860 - Utilities - Church Hall Water | 809 | - | - | - | 809 | 1,140 |
| 2900 - Church Hall - Cleaning | 961 | - | - | - | 961 | 396 |
| 2910 - Church Hall - Consumables | 478 | - | - | - | 478 | 1,008 |
| 2960 – Church hall cleaner | 1,076 | - | - | - | 1,076 | - |
| Total | 78,410 | - | - | 78,410 | 81,421 | |
| Other expenditure | ||||||
| 2210 - Fees - Diocese | 157 | - | - | - | 157 | 445 |
| 2410 - Vicarage council tax | 2,690 | - | - | - | 2,690 | 2,568 |
| 2420 - Vicarage water rates | 596 | - | - | - | 596 | 642 |
| 2450 - Telecoms - Church | 1,228 | - | - | - | 1,228 | 1,137 |
| 2460 – VAT recoverable | 754 | - | - | - | 754 | - |
| 2470 - Telecoms Vicarage | 760 | - | - | - | 760 | 856 |
| 2600 - Church - Liturgical supplies | 542 | - | - | - | 542 | 1,091 |
| 2610 - Church - Charitable giving | 2,741 | - | - | - | 2,741 | 1,571 |
| 2620 - Church - Consumables | 3,494 | - | - | - | 3,494 | 1,863 |
| 2625 - Church - Equipment | 2,216 | - | - | - | 2,216 | 874 |
| 2635 - Church - Insurance | 6,913 | - | - | - | 6,913 | 6.284 |
| 2640 - Church - Major repairs/ Tower room | - | - | - | - | 600 | |
| 2640 - Church - Major Repairs 2022 incl. VAT | - | - | - | - | 59,611 | |
| £9,944 | ||||||
| 2710 – Phase II retention – Stone Edge | - | - | - | - | ||
| 2920 - Church Hall - Maintenance | 12,778 | - | - | - | 12,778 | 6,559 |
| 2930 - Church Hall Insurance | 1.473 | - | - | - | 1,473 | 1,356 |
| 2940 – Church hall - Major Repairs | 286 | - | - | - | 286 | 2,323 |
| 2950 - Other Expenditure | 2,353 | - | - | - | 2,353 | 2,232 |
| Total | 38,981 | - | - | - | 38,981 | 90,012 |
| EXPENDITURE TOTAL | 123,715 | - | - | 123,715 | 178,325 | |
| Surplus/Deficit | 1,660 | - | 1,660 | 23,917 |
Page 12
Notes to the Financial Statements
1. ACCOUNTING POLICIES
(a) Basis of Accounting
The annual accounts have been prepared under the historical cost convention and accruals basis. They are compiled using the Zero accounts package.
(b) Fixed assets
All fixed assets are initially recorded at cost.
(c) Investments
Investments are recorded at market value.
2. TANGIBLE FIXED ASSETS
| 2023 | 2022 | |
|---|---|---|
| Church | - | - |
| Church Hall – at cost freehold property | 12,725 | 12,725 |
| Church Hall Flat – renovations at cost | 26,122 | 26,122 |
| Equipment – at cost | 3,159 | 3,159 |
| Piano | 18,000 | 18,000 |
| --------------- | --------------- | |
| 60,006 | 60,006 | |
| --------------- | ------------ |
3. INVESTMENTS
The investments are held by the Central Board of Finance on behalf of St Mary’s Church, Kemp Town, Brighton.
Income from investments, at £3,546 was slightly higher than last year, £3,208, due to an increase in interest rates. The capital value of the investment funds increased overall by £7,337 in the year.
4. INVESTMENT ASSETS
CBF deposit fund 610369002D account is an interest-bearing account used to park funds until they need to be applied, at which point they are transferred into the main bank account. The fund stood at £26,079 at 31 December 2022. The total for the other investment fixed assets is as follows:
| Unrestricted | Restricted | Endowment | Total funds | Prior year | |
|---|---|---|---|---|---|
| funds | funds - Cust. | funds | total funds | ||
| Trustee | |||||
| Investment | £79,646 | £34,350 | - | £113.996 | £106,659 |
| Assets |
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5. AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors due within one year are broken down as follows:
| Diocesan Loan General fund (Unrestricted) |
2023 2022 - - 4,061 1,056 |
|---|---|
| 4,061 1,056 |
6. LEGACY
No legacies were received in the year.
7. GIFT AID AND LISTED PLACES OF WORSHIP GRANT SCHEME
The sum of £6,454.74 was recovered in this calendar year from Gift Aid which includes the Gift Aid Small Donation Scheme GASDS, made up of donations via the contactless device “Good Box”, donations and candle box. We are now reclaiming gift aid at regular three monthly intervals.
8. INSURANCE
Until 31 December 2017, the cost of insuring the church building was included in the Parish Ministry Contribution. This changed on 1 January 2018 and the insurance is now paid directly to our insurer, Ecclesiastical, in monthly installments, for an annual total of £6,912.91.
The church hall has always been insured separately with the same insurer. The amount paid in 2023 was £1,472.83.
9 . OTHER GRANT INCOME
| Diocese of Chichester-Energy grant | £1,837.50 |
|---|---|
| LPWGS | £599.26 |
| John Booth Charitable Trust | £1,000.00 |
| Letitia Tilbury Tarner | £800.00 |
| Stewardship fund | £2,000.00 |
| St Anne’s Trust | £1,250.00 |
| BHCC Warm welcome | £350.00 |
| Amazon Smile | £18.41 |
| Community Trust of the BVM | £300.00 |
| Diocesan Grant re Koalas | £1,000.00 |
| National Lottery Community Fund | £10,000.00 |
| TOTAL | £19,154.91 |
| Big Issue contribution | £1,796.50 |
| GRAND TOTAL | £20,951.41 |
In addition, in 2023, the parish benefitted from credits against our energy use from Total Gas and Power to the value of £8,925 . (Gas Church £2,625, Gas sacristy £525, Gas hall £525, Electricity Church £2,625, Electricity hall £2,625). Refunds are reflected in the payments figures and will offset further bills in 2024.
There were no Local Authority or Government grants paid in 2023. No payments were made to Trustees in the year other than reimbursement of legitimate expenses.
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