## **Trustees Annual Report and Financial Statements**
## **The Parochial Church Council of Saint Mary, Kemp Town Year ended 31 December 2024**
|**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
_Page 1_
## **The Parochial Church Council of Saint Mary, Kemp Town**
**Year Ended 31 December 2024 Trustees Annual Report for 2024**
## **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
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. Andrew Palmer Mr. Adrian Jenkins (from April 2023, resigned January 2024) Ms Jane Pritchard Vacant Deanery Synod Representatives: Mr. Paul Stacey Mrs. Denise Sutherland Mr. Philip Davis, Treasurer Diocesan Synod Representatives Mr. Gordon Marsden
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.
_Page 2_
## **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:
- worship and prayer: learning about the gospel, and developing their knowledge of and trust in Jesus Christ,
- provision of pastoral care for people living in the parish,
- 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 2024, there were 105 members on the church roll, of whom over 70% are not resident in the parish. The weekly attendance in 2024, counted during October in accordance with the church statistics requirement was 83, compared with 63 in 2023.
Fr Andrew conducted the funerals for dear parishioners Anne Verrall on 12 January, and Gillian Maddock-Lyon on 15 October. Fr Andrew officiated at the funeral for Geoffrey Smith – Priest, in church on 28 October. Margaret officiated at the service for Stanley Goddard at the Downs Crematorium on 29 November. We held Memorial services for Jeff Hart on 23rd February, for James Temple-Smithson on 7 March at Brighton College and Jez Thomas in church on 14 June. Fr Andrew also conducted a memorial service for Jane Whitaker in the Lady Chapel, and several memorial events at Swanborough House, with whom we have a close relationship. Fr Andrew attended the funeral service at the Downs on 23 August for Nigel Jones, partner of Amyn Eboo and the funeral for Janie Thomas at Dorset Gardens on 29 August.
We hosted the funeral for Jason Sutton AKA “Miss Jason” on 23rd May at which Fr Anthony Moore officiated as Jason and his partner were resident in Rottingdean. The church was full to overflowing. There was one wedding in 2024 -Michael Foote and Millie Cook on Saturday 18 May – a lovely occasion, as was the Wedding Blessing on 16 August for Chen Zhang and Cong Shao, a delightful Chinese couple who found St Mary’s following an internet search for a church in Brighton. Fr Andrew baptized Roman Lorenz on 24 March, Maarja Varik on 16 June, and Oliver Varik on 30 June.
_Review of the year_
1. 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
_Page 3_
in public with the Mayor for Brighton and Hove, Councillor Mohammed Asaduzzaman. The MP for Kemp Town, Chris Ward sent apologies this year as he was away with family.
2. The full PCC met five times during the year, in 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 met regularly 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 on Tuesday afternoons in the Small Hall, run by Kaye Inglis, Steve Watters, and myself. Our Drop in Community café continued on a 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.
3. 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.
4. The Five yearly Electrical Test of the Church was completed and has now been signed off with an appropriate certificate – Next due in 2028.
5. Kaye Inglis continued the provision of our Lent lunch in February honouring the past contributions of Sheila Stacey in this regard.
6. 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.
7. 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.
8. The Quinquennial report was carried out in 2024, identifying only two issues within 12 months which have been action. We are grateful to the Diocese of Chichester for a Minor works grant of **£10,000** which has been partly drawn in 2024 and has covered this work and contributed to the Electrical certificate and the excess of £1,000 on an insurance claim re storm damage to the west side of the roof.
9. On 4 January 2024, Fr Andrew attended a graduation ceremony in Durham Cathedral marking his achievement with a Masters degree with merit in Theology, Ministry and Mission, the culmination of three years’ work and a dissertation based on his last 15 years at St Mary’s. Fr Andrew expresses his thanks for the support allowing him time to study.
10. On 12 January 2024, we held the funeral service in St Mary’s for Anne Verrall, a longstanding, faithful, loyal and committed member of St Mary’s and for another dear member Gillian Maddock-Lyon on 15 October followed by a burial by Fr Andrew in Frinton-on sea, Essex.
11. On 13 January we hosted a quiz at St Mary’s with a fish and chip supper. Our Quizmaster was the wonderful Fr Robert Easton.
12. Margaret Green arranged a lovely trip on 20 July to St Thomas at Cliffe in Lewes with a pub lunch at the Snowdrop Inn. A very happy occasion. Fr Hebert Bennett presided and preached at the Eucharist. We had a tour of the tower.
13. Siriol Hugh-Jones re-launched our Fine Music for Free recital series which have been well received and another schedule is fixed for Spring 2025.
_Page 4_
14. Dave Stevens the Director of Music at All Saints Hove conducted Stainer’s Crucifixion in church on Wednesday 27 March accompanied by Brighton Voices, our choir and a number of come and sing visitors. We plan to repeat in 2025.
15. Fr Andrew was made an honorary canon of Chichester Cathedral on Sunday 16 June and preached at the Cathedral in his LGBTI role to welcome Chichester Pride in evensong at the Cathedral on Tuesday 18 June.
16. Our Christmas services were well attended, including a fabulous Crib service led by Rev’d Dr Jenny Morgans, who has Permission to Officiate at St Mary’s, with around 66 adults attending and 22 children. Our Christmas Midnight servicers had 92 attending and 65 on Christmas Day. Our Christmas Day drop in lunch facilitated by Michael Folkard, assisted by Mary Lake, the St Mary’s support team and a team of wonderful volunteers served over 100 people including families with small children. Our Christmas appeal raised £10,040 – an amazing result and the best on record.
17. 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 has been achieved.
18. Grants from The Diocese of Chichester, The John Booth Charitable Trust, The Letitia, Tarner, Tilbury Trust, the Community Trust of the BVM and the Listed Places of Worship Grant Scheme (LPWGS), are gratefully acknowledged in 2024 and noted respectively below under section 9 on page 15.
19. The Church heating developed a serious fault with the hydraulic gas valves just before Christmas. Work is ongoing to find a solution. We are being advised by Equazion who refurbished the system in 2012.
20. The acquisition of the land to the west of the church moves slowly. Winckworth Sherwood our Solicitors have completed an exercise of looking at conflicts of interests. We are advised to explore any contingent liability in respect of the attraction of a ratable value of a site that is currently unoccupied.
## **Financial Review**
1. Total receipts (general unrestricted and restricted funds) were £115,894 Total outgoings were £116,272, a deficit of expenditure over income of £378.
Income £115,894 (includes £1,400 insurance claim to roof damage)
Expenditure £116,272
**Deficit (£378)**
**After adding back the gains in our Investment assets in the year, the net movement in funds was positive by £2,277.**
2. £27,500 was paid in the year to the Diocese as our pledge towards the Parish Ministry Contribution (PMC). This pays towards a 0.66 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.
_Page 5_
3. We maintain a balance of designated funds via our CCLA deposit account which stood at £26,275 at the end of 2024 made up of the St Mary’s Hall Assn, music grant, £800, Sheila Stacey fund for Pentaptych 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 2024 -balance £3,165, Emergency Reserve, £5,000 and Cameras/sound reserve £510.
4. The restricted funds, as per two of our investment funds totaling £35,242 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 £211 is held on a separate Barclay’s deposit account.
## **Reserves policy**
It is PCC policy to maintain a balance of four months’ general expenditure in unrestricted funds/designated funds.
It is PCC policy to invest funds with the CBF Church of England Deposit Fund. The fund balance at 1 January 2024 was 26.275.00, and at 31 December 2024, was identical at £26,275.00.
Total cash available as at 31 December 2024: £148,585
Approved and signed on their behalf by HAs. Reverend Andrew J Woodward Chair of Trustees.
14th March 2025
_Page 6_
Parochial Church Council of the Ecclesiastical Parish of Kemp Town: Saint Mary Year ended 31 December 2024
## **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:
1. accounting records were not kept in respect of the PCC as required by section 130 of the Act, or,
2. the accounts do not comply with those records; or
3. 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.
The 2024 TAR and Financial Statements betoken the remarkable achievements of the fifteen years of Fr Andrew’s incumbency.
Signed
Name: Mr. Martin Bartholomew
## **Relevant professional qualification: Company Director**
**Address: 21 Mariners Quay, Littlehampton, West Sussex, BN17 5DA**
Date: 19th March 2025
_Page 7_
## **Statement of Financial Activities**
||**Unrestric**ted
Designated
Restricted
Total Prior year
46.437
-
46,437
52,882
56,526
-
-
56,526
47,995
4,167
-
-
4,167
3,546
8,764
-
8,764
20.952
**115,894**
**-**
**115,894**
**125.375**
8,973
-
8,973
6.324
74,540
-
-
74,540
78,410
32,759
-
-
32,759
38,981
**116,272**
**-**
**-**
**116,272**
**123,715**
**(378)**
**-**
**(378)**
**1,660**
-
-
-
(497)
-
(497)
-
3,152
-
3,152
**7,337**
**2,277**
**-**
**2,277**
**8,997**
**207,447**
**-**
**207,447**
**198,450**
**209,724**
**-**
**209,724**
**207,447**
35,242
35,242
34,350
6,084
-
6,084
6,972
6,165
6,165
6,300
-
18,000
18,000
18,000
81,906
_-_
81,906
79,646
42,006
-
42,006
42,006
5,000
5,000
5,000
1,000
1,000
1,000
-
-
-
2,000
2,000
2,000
211
211
198
510
-
510
-
-
-
-
-
800
-
800
1,175
-
10,800
-
10,800
10,800
**6,084**
**168,398**
**35,242**
**209.724**
**207,447**|
|---|---|
|**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
LPWGS not claimed
**Other recognised gains / losses**
Gains / losses on investment assets
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Restricted**
Diocese as Custodian Trustee
**Unrestricted**
General fund
**Designated**
West side fund 3,000
Christmas fund 3,165
Piano
St Mary’s Investment assets
Other tangible assets
Emergency Reserve
Koalas grant - Diocese
Pentatych repair
Friends Fund
Sound and Camera
South Aisle windows
St Mary’s Hall - Music fund
Diocesan Energy Grant||
_Page 8_
## **Balance sheet**
**Class and code Description This year Prior y**
|**Fixed assets**
6000
CBF deposit fund 610369002D - now CB3023823
6010
CBF Investment Fund Income 610369001S - now CB3023822
6020
CBF Fixed interest 610369001F - now CB3023821
6030
CBF Investment General Religious 110001101S - now CB3005129
6040
CBF Fixed Interest Sunday School 110001259F - now CB3005275
**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
Stripe fees due
Z05
Accounts Receivable LPWGS
**Total Current assets**
**Liabilities**
6998
PAYE payable (£10) and rounding (£1)
6699
Barclaycard Xero account v statement
Z04
Barclaycard
**Total Liabilities**
**Net Asset surplus(deficit)**
**Reserves**
Excess / (deficit) to date £378, plus LPWGS £497
Z01
Starting balances
Z02
Gains/(losses) on investment assets
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|26,275
26,275
20,199
19,748
61,707
59,898
20,302
19,847
14,940
14,504
**143,423**
**140,271**
12,725
12,725
26,122
26,122
3,159
3,159
18,000
18,000|
|---|---|
||**203,429**
**200,277**
6,829
10,288
211
198
293
-
1,122
745|
||**8,455**
**11,231**
(11)
-
(33)
197
2,203
3,864|
||**2,159**
**4,061**|
||**209,724**
**207,447**|
||(875)
1,660
207,447
198,450
3,152
7,337|
||**209,724**
**207,447**
6,084
6,972
168,398
166,125
35,242
34,350
-
-|
||**209,724**
**207,447**|
_Page 9_
## **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 CB3023823
CBF Investment Fund Income
CB3023822-
CBF Fixed interest CB3023821
CBF Investment General Religious
CB3005129-
CBF Fixed Interest Sunday School
CB3005275 -
**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 -
Stripe fees
**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
26,275
-
20,199
-
-
20,199
19,748
-
61,707
-
-
61,707
59,898
-
20,302
-
20,302
19,847
-
14,940
-
14,940
14,503
-
-
-
-
-
-
-
-
-
-
-|
||**-**
**143,423**
**-**
**143,423**
**140,271**
-
18,000
-
-
18,000
18,000|
||**-**
**18,000**
**-**
**-**
**18,000**
**18,000**
6.829
-
-
6,829
10,288
211
-
211
198
293
-
-
293
-|
||**7,122**
**211**
**-**
**7,333**
**10,486**
-
1,122
-
-
1,122
745|
||**-**
**1,122**
-
-
**1,122**
**745**
-
-|
||**-**
-
-
-
**-**
**-**
2.203
-
,
-
2,203
38
64
(44)
-
-
-
(44)
197|
||**2,159**
**-**
**2,159**
**4,061**|
||**4,963**
**204,762**
**-**
**209,724**
**207,447**|
_Page 10_
## **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**
**Camera/sound**
Designated
**Sub-total forCamera/sound**
**Friends - Friends Fund**
Designated
**Sub-total for Friends**
**Christmas**
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**
**Pentaptych £2,000**
**West Side Fund £3,000**
**Koalas £1,000**
**Emergency £5,000**
**Grand total**|34.350
-
892
35,242|
||**34,350**
**-**
**892**
**35,242**
79,646
-
-
-
2,260
81,906
-
-
-
-|
||**79,646**
**-**
**-**
**2,260**
**81,906**
**NIL**
510
510
-
-
-
-
-
-|
||**510**
**-**
**-**
**510**
198
13
-
-
211|
||**198**
**13**
**-**
**-**
**211**
3,300
-
(135)
3,165|
||**3,300**
**-**
**(135) 3,165**
Nil
Nil
-
-
-
-|
||**Nil**
**-**
**-**
**Nil**
1,175
-
(375)
-
800|
||**1,175**
**-**
**-**
**-**
**800**
10.800
-
-
10,800|
||**10,800**
**-**
**-**
**10,800**
60.006
-
60,006|
||**60.006**
**-**
**-**
**60,006**
6,972
(888)
6,084|
||**6,972**
**-**
**(888)**
**6,084**|
||**11,000**
**11,000**|
||**207,447**
**523**
**(375)**
**2,129**
**209,724**|
_Page 11_
## **Analysis of income and expenditure**
||**Unrestricted**|**Designated**|**Restricted**|**Insurance**|**This year**|**Last year**|
|---|---|---|---|---|---|---|
|**INCOME AND ENDOWMENTS**|||||||
|**Donations and legacies**|||||||
|0100 - Giving: gift aided|25.687|-|-|-|25,687|22,178|
|0110 - Giving: Cash from services|1,440|-|-|-|1,440|3,298|
|0120 - Giving: non-gift aided|2.387|||-|2,387|12,000|
|0200 - Other donations - Donations /candle|7,214|-|-|-|7,214|6.021|
|0210 - All other donations||-|-|-||823|
|0220 - All other donations - Refreshments|426||-|-|426|253|
|0240 - All other donations - Flowers|-|-|-|-|-|-|
|||-|-|-||-|
||-||||||
|0270 - All other donations – Just Giving|2.163|-|-|-|2,163|1,844|
|receipts|||||||
|0320 - Gift aid recovered|7.100||-|-|7,100|6,455|
|0340 - Legacies received|-|-|-|-|-||
|0520 - Friends donations|10|-|-|-|10|10|
|**Total**|**46,437**||**-**|**-**|**46,437**|**52,882**|
|**Income from charitable activities**|||||||
|0230 - Loyalty Bank payments|32|-|-|-|32|52|
|0510 - Proceeds from Fund raising - Events|2,931|-|-|-|2.931|5,272|
|0700 - Church lets|14,829||-|-|14,829|14,131|
|0710 - Church Hall lets: St Anne's Trust|Nil||-|-|Nil|Nil|
|0720 - Church Hall lets: Ad hoc|6,047|-|-|-|6,047|5,571|
|0730 - Church Hall lets: Flat|4,500||-|-|4,500|3,000|
|0740 - Church Hall|23,394||-|-|23.394|18,718|
|0741 - Church Hall - Koalas|243||-|-|243|514|
|0800 - PCC Gross fees|3,150|-|-|-|3,150|737|
|**Total**|**55,126**||**-**|**-**|**55,126**
|**47,995**|
|**Investments**|||||||
|0600 - Investment income|4,167|-|-|-|4,167|3,546|
|**Total**|**4,167**|**-**|**-**|**-**|**4,167**|**3.546**|
|**Other income**|||||||
|0330 - VAT recovered via LPWGS|1.022|-|-|-|1,022|599|
|0400 - Stewardship grant|-||-|-|-|2,000|
|0405 - Insurance claim – roof damage|1,400|-|-|-|1,400|-|
|0410 - Grant income – Letitia, Tilbury|700|||-|700|800|
|0420 - Grant income Sussex Historic Churches|264|-|-|-|264|-|
|0430 - Other Grant Income|5,278|||-|5,278|2.668|
|0001 - Diocesan Energy Cost Grant||-|-|-|-|1.838|
|0000 - St Anne’s Trust||-|-|-|-|1,250|
|0950 - National Lottery Community Fund||-|-|-|-|10,000|
|0951 - Other Income - Big Issue|1,500|-|-|-|1,500|1.797|
|**Total**|**10,164**||||**10,164**|**20,952**|
|**INCOME TOTAL**|**115,894**||||**115,894**|**125,375**|
_Page 12_
||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**|**Last year**|
|---|---|---|---|---|---|---|
|**EXPENDITURE**|||||||
|**Raising funds**|||||||
|2200 - Fees – Recitals/events|8,398|-||-|8,398|6,000|
|2215 - Church Licensing|575|-|-|-|575|324|
|2216 - HLF Phase II expenses|-|-|-|-|-|-|
|Total|**8,973**|**-**||**-**|**8,973**|**6,324**|
|**Expenditure on charitable activities**|||||||
|2000 - Parish Ministry Contribution|27,500|-|-|-|27,500|36,000|
|2099 - Venue Administrator expenses|1,665|-|-|-|1,665|1,553|
|2101 - Activities Manager salary inc PAYE|-|-|-|-|-||
|2110 - Tax – HMRC included in 2101|-|-|-|-|-|-|
|2220 - Fees - Deputizing clergy|Nil|-|-|-|Nil|74|
|2230 - Fees - Deputizing organists|3,333|-|-|-|3,333|2,775|
|2300 - Bank and card charges|633|-|-|-|633|559|
|2630 - Church - maintenance|12,492|-|-|-|12,492|10,370|
|2660 - Church - Music (Organ and piano|1,740|-|-|-|1,740|756|
|upkeep)|||||||
|2700 - Admin Professional development|3,441|-|-|-|3.441|2,664|
|2800 - Utilities Church Electricity|1,706|-|-|-|1,706|3,637|
|2810 - Utilities - Church Gas - Main|10,578|-|-|-|10,578|11,771|
|2820 - Utilities Church Gas - Vestry|1,707|-|-|-|1,707|1,106|
|2830 - Utilities - Church Water|353|-|-|-|353|190|
|2840 - Utilities - Church Hall Electricity|219|-|-|-|219|1,707|
|2850 - Utilities - Church Hall Gas|4,425|-|-|-|4,425|1.896|
|2860 - Utilities - Church Hall Water|1,273|-|-|-|1,273|809|
|2900 - Church Hall - Cleaning|1,301|-|-|-|1,301|961|
|2910 - Church Hall - Consumables|165|-|-|-|165|478|
|2960 – Church hall cleaner|2,009|-|-|-|2,009|1,076|
|Total|**74,540**|**-**||**-**|**74,540**|**78,410**|
|**Other expenditure**|||||||
|2210 - Fees - Diocese|557|-|-|-|557|157|
|2410 - Vicarage council tax|2,825|-|-|-|2,825|2,690|
|2420 - Vicarage water rates|553|-|-|-|553|596|
|2450 - Telecoms - Church|1,289|-|-|-|1.289|1,228|
|2670 - VAT recoverable|-|-|-|-|-|754|
|2470 - Telecoms Vicarage|765|-|-|-|765|760|
|2600 - Church - Liturgical supplies|1,128|-|-|-|1,128|542|
|2610 - Church - Charitable giving|2,546|-|-|-|2,546|2,741|
|2620 - Church - Consumables|5,510|-|-|-|5,510|3,494|
|2625 - Church - Equipment|1,596|-|-|-|1,596|2,216|
|2635 - Church - Insurance|8,211|-|-|-|8,211|6.913|
|2640 - Church - Major repairs/ Tower room||-|-|-|-||
|2640 - Church - Major Repairs||-|-|-|-||
|2710 – Phase II retention – Stone Edge||-|-|-|-||
|2920 - Church Hall - Maintenance|4,141|-|-|-|4,141|12,778|
|2930 - Church Hall Insurance|1,491|-|-|-|1,491|1,473|
|2940 – Church hall - Major Repairs|-|-|-|-|-|286|
|2950 - Other Expenditure|2,147|-|-|-|2,147|2,353|
|Total|**32,759**|**-**|**-**|**-**|**32,759**|**38.981**|
|**EXPENDITURE TOTAL**|**116,272**|**-**||**-**|**116,272**|**123,715**|
||||||||
|**Surplus/Deficit**|**(378)**|||**-**|**(378)**|**1,660**|
_Page 13_
## **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 _Xero_ 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**
||**2024**|**2023**|
|---|---|---|
|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 £4,167 was slightly higher than last year, £3,546 due to an increase in interest rates. The capital value of the investment funds increased overall by £3,152 in the year.
## **4. INVESTMENT ASSETS**
CBF deposit fund 610369002D account renumbered by CCLA - CB3023823 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 £26,275 at 31 December 2024. 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**|£81,906|£35,242|-|£117,148|£113,996|
|**Assets**||||||
_Page 14_
## **5. AMOUNTS FALLING DUE WITHIN ONE YEAR**
**Creditors due within one year are broken down as follows:**
|Diocesan Loan
General fund (Unrestricted)|**2024**
**2023**
-
-
2,159
4,061|
|---|---|
||**2,159**
**4,061**|
## **6. LEGACY**
No legacies were received in the year.
## **7. GIFT AID AND LISTED PLACES OF WORSHIP GRANT SCHEME**
The sum of £7,100.46 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 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 £8,212.
The church hall has always been insured separately with the same insurer. The amount paid in March 2024 was £1,491.
## **9** . **OTHER GRANT INCOME**
|LPWGS|£1,022.00||
|---|---|---|
|John Booth Charitable Trust|£1,500.00||
|Letitia Tilbury Tarner|£700.00||
|Diocese of Chichester Xmas Appeal|£1,000.00||
|Diocese of Chichester Minor Works|£2,278.00|(The total grant was £10,000, balance will|
|||be paid in 2025)|
|Sussex Historic churches Trust|£264.00||
|Community Trust of the BVM|£500.00||
|**TOTAL**|**£7,264.00**||
|Big Issue contribution|£1,500.00||
|Insurance Claim|£1,400.00||
|**GRAND TOTAL**|**£10,164.00**||
There were no Local Authority or Government grants paid in 2024. No payments were made to Trustees in the year other than reimbursement of legitimate expenses.
_Page 15_