2023-12-31-accounts

ST MARY'S AND SI FRANCIS PAKOCHIAL CHURCH COUNCIL ANNUAL REPORT FOR 20?3 2023 ANNUAL REPORT AND ACCOUNTS for the Parochial Church Council of St Mary's and St Francis, Barcombe Page Ito3 Annual Report FlnancSal Revlew Admlnlstratlve Inforn￿tIon Report of the Independent Examlner Statement of Flnanclal Artlvltles io Balance Sheet 11 to 16 Notes to the accounts Website.. www.barcombechurch.or8 In¢umbent'. The Rerfd Sam Carter The Rectory, l The Grange, 8arcombe, Lewes, 6N8 SAT Klm Gomes. Independent Examiners Ltd, Unit 2, The Broadbridge Business Centre, Delling Lane. Bosham, P018 8NF Principal Bankers.. CAF Bank Ltd. Kings Hlll, West Mallin8 ME19 4TA Registered Charity no.. 1159084

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 20?3 Our aims and purposes as a charity The Parochial Church Council IPCCI has the responsibility of co-operating with the incumbent. the Re¢d Samuel Carter, in: o the promotion of the gospel of the Lord Jesus Christ according to the doctrines and prartices of the Church of England,. knowing Jesus better and makin8 him better known- o promoting the whole mission of the church - evangelistic, pastoral, social and ecumenlcal,. o providing practical support and care for people in the parish, regardless of back8round,' and o providing financial support to those in need and other or8anisation5 Wlth similar oblettives. What we planned to do to achieve our charitable objectives In line with the diocesan sirategy Ito be 'more open, more converted to Jesus Christ, more generous and more enga8ed'l, we discussed and planned the following objectives.. o welcoming as many people as possible to worship at our church.. o teaching, bapti5in8 and nurturing new and existing believers,. o provlsSon of pastoral care and other assistance to people living in the parlsh; o building links with the wider community and reaching out to those beyond the immedlate church family,. o supporting stafflgovernors in promoting the Christian distinctlveness of Barcombe school,. o giving grants to organisations with similar aims; and o maintainin8 church property. These activities comply with the Charity Commission's guidance on public benefit and the specific guidance on 'charitles for the advancement of reli8ion' The PCC has also complied with the requirements of section 5 of the Safe8uardin8 and Clergy Discipline Measure 2016.2 How we affected lives Welcoming people to worship The church welcomes a wide ran8e of people Iparishioners and those from further afield) to its services. Voluntary attendance to worship Jesus Christ in thi5 way is a major demonstration of the public benefit of our activities. As well as those at What a beautiful church for worshippin8 our Lord and Saviour Jesus Christ- Mr C See.. htt V4Ww.chlchest This duty requirE5the incumbent awj PCC lamtyigother reltyant pe￿￿n$1 to regard tothe House of &shops' gvldance on safe8uèrdin8 thSldren and WInetsb￿ aduhs. r.an Page I

ST MARY'S AND ST FRANCIS PCC ANNUAL REPOR'f 20?3:: the parish church, St Marfs, services are held at St Francis, giving the church a presence in the heart of the village. The average regular weekly attendance in October 2023 was 59 adult5 and 11 children, a decrease in the number ot adults, but a small increase in the number of children. Our re8ular Sunday morning chlldren's work 15 conducted in two groups spltt by a8e. Our Christmas services (especially the Christinglel saw another large increase over 2022. Over the range of services in the week leadin8 UP to Christmas. we welcomed over 600 people to church, equivalent to more than 2S% of the population of the parish leven allowing for double countlngl. Easter attendance was almost identical with 2022. Teaching, baptising and nurturing new and existing believers We were delighted to welcome four chlldren for baptism in 2023 and five weddin8 couples. Baptism parents and wedding couples were invited to preparailon courses which were well received. Durlng Lent we ran a discipleship course ottended by 20 people. Three growth group5 for bible study, fellowship 3nd prayer continue to meet. One group ceased durlng the year due to people moving away and Change5 in circumstances. Around 30 people are linked to these groups. This year our teaching programme included Series on Jonah and lsaiah 40-55, tyin8 in with the diocesan Year of the Old Testament. Our weekly prayer meeting has continued uninterrupted. 'THE BEST GROWTH GROUP I HAVE EveR BEEN A PART OF'_ AC We were delighted to host a deanery seThice of confirmation at St Marfs in October at which six Barcombe candidates of varying ages were confirmed. Pastoral care and other assistance During 2023 we conducted seven church funerals. Our churches and churchyards continue to be appreciated by many as a place Whe￿ life events are celebrated with joy and thanksgiving. We prioritise keeplng St Marfs and St Francis open during the daytime and involve a regular team from the local community in openin8 and locking It. A steady stream of entries in the visitor book testifies to the appreciation many visitors have of the buildin8. We publish the Barcombe News and distribute a monthly copy to every household in the parish. Representatives from the church visit the housebound, lonely and otherwise in need. The church also holds a relief fund for parlshioners in crisis and has made disbursements in excess of £9,000 during 2023. Page 2

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2023 Building links with the wider community and reaching out to the unchurched Church members continue to support around ten local families in the Barcombe Bunnies play8roup which meets at St Francis. At the other end of the a8e range, our monthly popular St Francis community lunches continue to provide for around 30 mostly elderly people. We were pleased to be involved in the launch of a monthly Community Café in the village, part of an exciting new partnership between the Church and the school PTA. Cake and refreshments are provided free of charge to 3(HO people of all ages. In February and March this year we ran a 3-2.1 enquirers, course for 7 people la mix of church and non-churchl. Thanks for lettin8 us ring the bells. Itwasbrilll R, E. M &Z Barcombe Cross Youth wntinues to thrive, offerlng fun activitie5 for local young people whilst also Introducin8 them to the good news of Jesus Christ. We regularly have 25 10-145 attending lan increase of a third on last yearl, of whom two thirds have no other connection to the church. In December the Church or8anised a warmly received Nativity trail attended by around 120 people, with over 100 continuin8 to the Royal Oak for a rousing performance of Corols in the Pub. Supporting staff and governors in promoting the Christian dlstinctiveness of Barcombe school The Rector continues to take è weekly assembly at Barcombe school and teach an RE lesson for each class once per term. He also serves a5 a foundation 8overnor. It has been a joy to welcome the school community to St Mary's for harvest, Christma5 and Easter services. Giving grants to organisations with similar aims We support a varlety of charities and organisations in line with our aims through 8rants totalling over £7,500. Maintaining church property Well-rnaintained buildlngs enable us to welcome a variety of village and outside groups to St Marfs, the Conker Room and St Francis. These include Laughton Village Choir, Barcombe Bunnles, The Dlocese of Chichester, 8arcombe Good Neighbour5. nearby parishes and the Bevern Trust. In 2024 we will continue to develop our plans to reduce our church buildings, reliance on fossil fue15. We will also need to consider how best to modernise St Francis to better serve our outreach in the villa8e. Page 3

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 20?3 . .. . Financial Review The original forecast for the 2023 financial year showed an operating deficit of about £27,orx). The plan was for that deficit to be financed from the PCC'5 excess rese￿e5 of £30,IJJ) held at the end of 2022. The actual out-tum on the General Fund for 2023 was completely different, mainly due to two unexpected inflows at the end of the year totalling £30,1X)O. In addition to those inflows, the actual costs of energy used in 2023 were vastly below the ori8inal budget figures. That saving, combined with a small surplus on the revaluation of investments, produced an actual surplus of £22,LKJO on the General Fund. The Statement of Financial Activities on page 9 shows an Increase of £3.838 in total funds for 2023. Total income for 2023 of £145,507 was £1,991 lower than in 2022. Income from voluntary givin8 in 2023 was roughly the same as that in 2022. The income includes a legacy of £20,IX)O received at the end of the financial year. Total expenditure of £146,C((s in 2023 was slightly higher than in 2022. The largest single item of expenditure was the Parish Share of £78,792 paid to ihe Diocese of Chichester. This was an increase of £1,812 over 2022. It Is important to note that once again, Barcombe pald the full amount of Parish Share that was requested by the Deanery. The PCC holds the restricted Barcombe Relief Fund and oversees its administration. Total grants of £9,229 were made from the fund during 2023, helpin8 seven local families including one famlly from Ukraine. At the end of ihe financial year, £3.481 remained in the fund. Reserves Policy It is PCC policy to seek to maintain a balance of liquid assets on unrestricted funds calculated in two parts as follow5.. Part l. Approximately three months, worth of unrestricted 8eneral fund payments as a contin8ency against unforeseen situations1£31,C#XI in 20231 and Part 2. A provision for the maintenance of the fabric of the church to meet costs arlsing every five years following the Church Architect's Quinquennial inspection of the building (estimated at £5,000 per annuml. At the end of 2023 this figure should amount to £25.CW (the actual figure was £11,934). The total amount of reserves required by the policy is. therefore. £56,lyXI. Page 4

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2023 &,,, The actual total of unrestricted liquid assets held at the year-end was approxim3tely £99,000. This figure is about £43,OC(J more than the £56,c￿ required to support the Reserves Policy. This sum is likely to be used to fund the budgeted deficit for 2024 of £11.535 and enable the PCC to meet the requested Parish Share of £81,444 in full. It is PCC policy to invest fund5 balances with the CBF Church of England Investment Fund. the CBF Church of England Fixed Interest Securitie5 Fund and the CBF Church of England Deposlt Fund. Administrative information General In all we do, we take account of the Charity Commission's guidance on public benefit and the specific guidance on charities for the advancement of religion. The parish of St Marfs and St Francis, Barcombe has two church buildings.. St Marfs, Church Road and St Francis in the High Street as well as the church yard at St 8artholomew's. Spithurst. We are in the Diocese of Chichester withln the Church of England. Structure, governance and management pa￿h1￿1 Church Counc51. Church Members are encouraged to stand for election to the Parochial Church Council IPCCI and we look for a balance of skills and experience. The PCC is registered with the Charity Commission (No. 11590841 under the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers) Measure 1956. Membership is determined under the Church Representation Rules. Membership consists of ex-officio members- the rector, the churchwardens, the member5 of the Deanery Synod, and up to nine members of the church who are elected at the Annual Parochial Church Meeting IAPCMI. The PCC may co-opt up to two more members. The PCC is responsible for the overall wellbein8, practical as well as spiritual. of the church, the church members, and the church buildings. The PCC also has a duty to promote the mission of the church within the wider community. Membershlp. During the year, the followin8 served as members of the Parochial Church Council.. Ex officlo members Incumbent.. The Rewd Sam Carter. Chair Wardens.. Mr lan Pounce Mrs Rosemary Milmine Deanery Synod representatives.. Mrs Angela Carter Mrjonathan Leeson Page 5

ST MAKY'S AND ST FRANCIS PCC ANNUAL REPORT 2023 Elerted ond t(￿0pted members Mr Alan Cannings (due to retire 20251 Mr Ebenezer Cottingham Idue to retire 20261 Mrs Bridget Cross (due to retire 20241 Mrs Anna Hardy Iresigned May 20231 Mr Andrew Lamont, Hon Treasurer Ico-opted Jun 20231 Mrs Wendy Lamont Idue to retire 20261 Mr Christopher Lear (retired May 20231 Mrs Charlotte Mitchell (due to retire 20261 Mr Stephen Pigotl Idue to retire 20251 Mrs Heather Shepheard Idue to retire 20251 Mrs Millle Sherman Idue to retire 20261 Mr David Yair (due to retire 20261 What Is It for? The PCC is responsible for a wide ran8e of matters afferting the Parish Church, including compliance with health and safety and disability le8islation and ¢hlld protertion. In our capacity a5 trvstees, members of the PCC are responsible for the Stewardship of funds and for ihe appropriate accounting and reporting of the parish finances. The PCC works to ensure that each member is equipped to fulfil the role. New members. New members of the PCC are quickly included and fully involved with their roles and responsibilities at the first PCC meeling after their election or C￿option. The PCC secretary and Honorary Treasurer are elected at the first meetin8 after the Annual Parochial Church Meetlng. Educatlon for rnernbers. The PCC secretary, the Treasurer and the Churchwardens all attend course5 run by the diocese on their particular work and courses are also available to members generally. Regular mailings from the diocese keep the officers vp to date with changes in chur¢h regulations and financial procedures and these are reported to the whole PCC as appropriate. Safeguardlng. Mfs Mim Austin served as Safeguardin8 Officer during the year. With the Rector, she was responsible for ensuring that Disc105ure and Barrin8 Service IDBSI checks were carried out on all those who work with children and vulnerable adults in the chvrch. The PCC has adopted the Diocesan Policy which is available from the church webslte. or a hard copy can be found in both St Francis and St Marf5, along with a policy statement on the protection of children and vulnerable adults. Members of the PCC have done online trainin8 ICO or above). We have been certified under the diocesan Simple Quolity Proterts scheme. Page 6

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 20?3 Accountant. The PCC has appointed Mr Stephen Brentnall as its accountant. The PCC thanks the honorary treasurer Andrew Larnont for his endless assistance with the church finances throughout 2023 and Ben Williams-Thomas for hi5 assistance with gift aid. Commlttees. Committees report to the PCC and are responsible for specific areas of the church's activities.. + The Standing Committee has the power to transact the buslness of the PCC between Its meetings, subject to any direction given by the full PCC. The Buildings Committee deals with the fabric of St Marfs and St Franci5. The Misslon Artion Committee oversees the giving of a tithe of the income to various ¢haritie5 and keeps the congregation informed of the activities of these charities through guest Speakers, prayer5 and information. + The Youth Committee oversees the youth work of the Church * The St 8artholome￿s committee looks after the churchyard at Spithurst. Rlsk A55e55ment The major risks to which the council has been exposed have been identified by a risk analysis exerclse carried out by PCC members. The risks have been reviewed and sV5tems and procedures have been established to manage the risks. Approved by The Parochial Church Counol on 201h March 2024 and signed on its behalf by Re¢d Sam Carter, Chairman. Date.. Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ST FRANCIS, BARCOMBE

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023

Report to the trustees/ members of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe on the accounts for the year ended 31st December 2023.

Respective responsibilities of trustees and examiner

As the charity’s Trustees of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Basis of independent examiner’s statement

Having satisfied myself that the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

Signed:

Date: 12.4.24

Kim Gomes FCIE MAAT Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF

Page 8

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC) STATEMENT OF FINANCIAL ACTIVITIES For the Year ended 31st Deeember 2023 Unrestrided Funds Fun Fun¢ts 2023 2022 Note Incom¢ Ind tndowments Irom: Donations and legacies Charitable hctivitie$ Other Iradin8 activities Investmen 2(0) 2{bl 21cl 2(dl 127.783 5225 6.668 2233 3291 131,074 121.382 3.225 8,848 6,668 15,302 2.540 1,966 307 TOTAI, 1Tr4COME 3291 307 145.507 147 498 Exp¢Ddlture on: Rai5Lng funds Charitable aciivilies 3{al 31b) 134,353 IlJ40 307 146,th)0 142,022 TOTAL EXPF.NDITL'RE 134.353 11,340 307 146000 142022 Net 8ainsll10$5¢sI on investments 3J95 936 4.331 {7,2861 ET INCOMEI{EXPENDITURE) 10,951 18,0491 936 3.838 11.8101 Transfers between fvnds NET MOVEMENT IN FUP4DS 10.951 18,(M9) 936 3,838 11,8101 Rt¢onclllatlon of Funds Fund Balonces brought forwaryl at 1st January 2023 88292 19.916 10.747 118.955 120.765 BALAiYCES CARRIED FORWARD AT31st DECEMI BER 2023 99.243 11.867 11,683 122.793 118,955 Pag¢ 9

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC) BALANCE SHEET AS AT 31st DECEMBER 2023 2023 2022 Nole FIXED ASSETS Invesim¢nt ￿Sets 56,498 52,167 CURRENT ASSETS Debtors Short tern deposits Cash at bank and in har 3JlS 49,704 3,4SO 57.499 10.984 71,933 71.721 LIABILITIES.. AMOUNTS FALLIIYC DLTE WITHIN ONE YEAR 5.426 S,145 NET CURRENT ASSETS 66,295 66,788 TOTAL ASSETS LESS CURRENT LIABILITIES 122.793 118,955 NET ASSETS 122,793 118,955 FUNDS Unr¢strieted Restricted Endtswment 99.243 11,867 11.683 88.292 19.916 10,747 10 122.793 118,955 Approved by the Parochi81 Chur¢h Council on 20th March 2024 and si8ned ￿ its behalf by :" {Chairrnan) ITre&wter) Thc notes on pages 1110 16 forni pan ofthese xcounts. Page 10

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC) NOTES TO THE FINANCIAL STATEMENTS For the Year ended 31st Decembcr 2023 ACCOUNTIP4G POLICIES Basis of Preparxtio The PCC is a public b¢nefii entity within the nKaning of FRS102. The fjrwicial Ststrments hav¢ been prep&red under Ihe Charitie5 Act 2011 and the Church Accounting Re8ulaLions 2006, in &C￿rdanCe wth applicable aecountin8 stsndards and thc current (20191 Stsiement of Recommended Pra¢ti¢¢. A¢¢ounting and Reportin8 by Chariti¢5. ISORP IFRS 102)). Th¢ financial staiements hwe becn Prepared under th¢ histOTiCa] eo# convention &$ modified by the inclusion of investments at Thrkd value. The financial statements in¢lude all the trth5actions &sseLE 8Dd liabilities for thich the PCC 15 responsible in law. Tbey do not include the accounLS of ¢bu￿h groups that their affiliation to another body, nor ihose which are inforn￿l 8Atheriry of ¢hyr¢h m¢mbets. l{b) Funds l-.unds hcld by thc PCC Ere:. Upw¥51ri¢lEdfyTrds 8eneral fun& that ¢an be used for PCC ordirhary purp05 Designtti¢dfunds monies set ￿lde by the PCC othi of unrestrtcted funds for specifi¢ future PUTP05es or Projects. Resiriciedfynds lul incornc from Iru5LS or endowments that May be cxpended only on ihose restricicd objects provided in the teTrnS of the trust or hequ¢sL and Ibl donation5 or 8Tants ￿ceived for a specific obje¢1 or invitrd by the PCC for a sp￿lf1¢ object. Thc fund5 may only be expendcd on the spectfi¢ obj¢¢i for which thcy wrre 8iven. Any balance reTnainin8 un$p¢nt 81 ¢he end of each yev mum be carried forward as a balance on thRt fimd. The PCC does not usually invert sep￿Al¢lY for e8ch fuDd. Endowm¢nifvnd5 funds the capirol of %thich musi be rn&intained' only income wisin8 from inv¢3tsneni of the cndowment may be used either as rcstrieied or unr¢Stric￿ fund dcpcndin8 upon the purp)s¢ for which the endowm¢nL wgs esthblished. 'l-he PCC may bavc the power to Lonvert certain endownent fvThJs irrto exP￿dable in¢ome: ￿ch fvnds are known as expendable endoMThents. Intorne and Endowments All incorne and endownent& aeeound for deduction for any costs of rteivability, are reco8nised when there is eviden¢e ofeniiilemenL receipt is probable. and the omount can be measured reliably. DontlonJ and L¢itles Colle¢lio￿ urc recognised when received. Plann•d8lvl8 r•e#lvobl¢ is rwognised wljen th¢re is ¢vid¢nG¢ of enlitlcmen4 rec¢ipi 1> probable. and th¢ amoun¢ accords the Gift Aid declardtion or other record of intention to donate. Jfil qidr¢covered 15 reco8nised when thc income to wthich it bs L￿h¢4 15 reco8nised. CJr4nls andlfg(xies are reco8nised when the formal offer in writing of the fundin& is re<¢ived by the PCC. Charltble Attlvitles, Trdlng Aeilvltlts and all Othtr In¢omt sia1￿101Y/é¢S for weddings and fvnerals are recogniscd when the otTice occuts. Trading a¢llviiies are where income is receivable in return for s¢lling gth)ds or providing servitts and 15 r¢cognised when Teccived. Investment ltheome Dividends are accounted for then due and payabl¢. In*rest entitlements 8re a¢u>uThted for &8 IIKY ￿eTUC. l{81 G&in$ and L055es on Itty￿¢￿t￿lS Rcalised gatns #re rccognised when thc investments are sold. Unrtal1￿d gains and losses are accounted for on r¢vthluation &t 31st De¢embcr. PaBell

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC) NOTES TO THE FINANCIAL STATEMENTS (CODtinued) For the Year ended 31st D¢¢ember 2023 Ilhl Expendltur¢ Cxpenditure is recosnised when thcre is evidence of entitlemenL payment i$ probable. and the amolmt ¢art be Measur￿ reliably. GrDts Grants and donations are accounted for paid over. OT when awardol whert the #w8rd cres a bindin8 obli8ation on the PCC. Ili} ChArlt#ble A¢tiwitles I'he dioL¢san paribh contribution is a¢couDd for on an Innual b&81& reflerfing the 8llocaiion set by our Dcontry. Any parish ¢ontribution unpaid at 3 1st D¢¢ember is providcd for in these a¢counts as th operational Ithou8h noi 4 leBAI) liability 1$ 5howTr 85 a crediwr in the ￿thnce 51x¢L Flxed Ajsets TangiblefLredasseis Conse¢raied and bencficed propeny of any kiThJ is excluded from the a¢counts by ￿1￿2) of the Ch8ri¢ie$ Aci 201 l. Movable church fumishings held by the Rector and Churchwvd¢Js on special tTusi for the PCC, And which require a f&culiy for disposal. or¢ oc¢ouni¢d for as iMlienable prop¢ny unless con5ccrated. They are listed in the church's inveniory which can be inspe¢ted bui art noi included in th¢ fin4n¢i#l $ia¢ements. For inalienable Property acquired prior 10 21KK), there 15 in5UtYL¢ient COSI infonnaiion available and thertftsre such &%s¢ts ar¢ no¢ valued in the financial stsiements. Individual ilems acquiffd since January 2000 have been capitali.sed in the financial stalements and d¢pr¢¢i4t¢d over their u%ful ecor￿mi¢ life. All cxpcnditure in¢urred in the ye8T on con3eerat¢d or b¢nefi¢e41 buildÉn8& individu81 ims costin8 under £5.000 or on the repair of movable ¢hur¢h fumishijw quired t¢for¢ IA Januw 2000 is writtrn off. Invesimenis. Investsnents VAlu¢d 01 market 3151 December. INCOME AND ENDOWMENTS UnrestricW Restricted Endowment TOTAL Fund$ Funds Funds 2023 FUNDS 2022 21al Donations and le8a¢ies Planned giving Collection5 (open plo} Donations Gift aid tax claimed Grants received Bequests and le88¢i¢5 71.558 4.649 14,825 16,751 71.558 5,2J5 17,244 17.037 70,1144 5,995 24,255 17,675 1,613 1,000 121,382 586 2,419 286 20.(K)O 127.783 20.000 131.074 3291 2(b} Charitabl¢ 8Ctivi¢ies Parochial Fe¢s in¢ome S.225 5.225 5,225 5.225 8,848 8,848 21cl OiheT trading activilies Fundraising inGome Flall income Parish ma8a2irt¢ Sundry incomc 683 2.635 5.091 6,893 15.302 .976 3.551 1.976 3,551 6,668 6,668 Page 12

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCQ NOTES TO THE FINANCIAL STATEMENTS (contittued) For tbe Year ended 31st December 2023 2 INCOME AND ENDOWMENTS (continued) Un￿￿cted R¢stri¢ttd Endowrnent TOTAL Fun(Ls Funds Funds FUNDS 2022 21dl Invesim¢nts Dividends ftnd inteTesi reeeived 2.233 2233 307 307 1.966 2.540 TOTAL INCOMING RESOURCES 141.909 3.291 307 145.507 147,498 EXPENDITURE Unrestricied Restrict¢d Endowment TOTAL Funds Funds Funds 2023 FUNDS 2022 31a) RaisinB fund$ F'undrdisin8 COSI$ 31b} Charl￿ble activities Missionary and ¢hgritabl¢ Biving Mini3try costs .. Diocesdn Parish Share Other ministry cosis15e¢ noie 4) Church running expcnse5 Church - Major repairs & fabric costs Upk¢¢p af ser¥iLes Youth work. troininB mission Parish magazine Suppon ¢osts Independent F.x*ninerfs fe&% Administrative costs 7,570 9.815 17,385 13,246 78,792 6.199 16.554 10,880 1,980 419 3.976 3,052 860 4.071 134.353 78.792 6.199 16.861 10,880 1.980 1.944 3.976 3.052 860 4,071 146.000 76,980 16.014 16,497 4,547 3.002 1,196 3.948 2,644 780 3,168 J42 022 307 lJ25 307 TOTAL 134.353 307 146.000 142 022 STAFTr' COSTS I'he PCC employed an InterpBri$h Worker (IPW) left in August 2022. The iotal costs of ihe IPW are included within ihe expenditure on'other ministry cos¢1 for 2022 ITh not¢ 3lb} obove. The cosi of the PCC'S p8rt-time ¢leonu art included in'church Tunnin8 ¢xpenseg in note 3{bl above. 2023 2022 Wages and salari¢s Social security costs EmployeW$ contribution ￿ defined pe￿IOn s¢kme 1.705 11,009 142 1,705 Avera8¢ thumber of employ¢es during the yur No cmployee receivcd employee bencfits of more than £60.(KJO. Page 13

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCQ NOTES TO THE FINANCIAL STATEMENTS {CODtinued} For the Year ended 31st December 2023 INVESTMENT ASSETS uoted Investhien Market valu¢ a¢ Isi Jthuary 2023 Disposals during the y Revaluation gainl{1055) 52,167 4J31 Market value at 3 1st December 2U23 56,498 At 3 1st Decembv 2023. the mtrket values of individual holdin85 wrre &8 follow3 :. CHF InVeS￿en¢ Fund 1,796 wilts CEIF Fixed Iniu¢s¢ Securilie5 Furkd 10,gXI uni 40.591 15.907 56.498 DEBTORS 2023 2022 Reeov¢r8ble Gift Aid Uiher sundry dcbtors 3,315 3,450 3,315 LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Creditors for 8oods and servivs Accruals of uiiliiy And other costs Deferred in¢orne 2.947 840 1.639 5.426 2,740 790 5.145 UNRESTRICTED FUNDS BaJwK¢ at ISL January 2023 Balance at 31st December Movements in Resources Ou¢Boin8 Transfers Giins I {Lossesl Incomin8 2023 Gencral Fund Dc518nat¢d Trabric Fund (i) Mission Action Plan Fund lil) 63.544 22.748 141.909 123,301 10,814 238 134.353 3.395 85,547 11,934 1.762 99.243 88.292 141.909 3,395 lil The fund h8s been d¢5i8naied by the PCC to finance the COA of main*twice to the fabri¢ of the church. (li) The fund h&5 been d¢$ignatcd by th¢ PCC to fIr￿n¢t expenditwe in Cor￿￿10￿ with the PCC'5 MAP. Pa8¢ 14

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCQ NOTES TO THE FINANCIAL STATEMENTS {tontinued) For tbe Year ¢Dded 31st Deeember 2023 RESTRICTED FUNDS Balance at ISL January 2023 MoveTrKnts in Balan¢¢ 8t December 2023 Inwming Out80ing Trnn$ftts Gaitts Youth Work Fund Charity Fund Restricted Gift FuTKi Or8an Fund ToweT Fund 5.639 924 586 1,691 1,523 586 9229 3,038 12.269 1.800 208 19,916 4,731 1.800 298 11,867 3.291 11,340 10 ENDOWMENT FUNDS Bal&nc¢ at ISL January 202J Bal8n¢¢ Movements in Resour￿5 Ouigoin8 Tronsfer5 Gain {Losses} December 2023 In¢omin8 Chur¢hy3rd Trusts {5 in ¢o¢al) 10.747 307 307 936 1,683 10,747 307 307 936 11,683 There are 5 peThanenl endowThents provide towuds th¢ upkeep of yaves and the ehur¢hyards. 11 ANALYSIS OF NET ASSETS BY Fuf4D Unre5trict¢d Resthcted Endo￿nI I'.und5 Fund5 Fund5 TAL Fixed assets Cu￿ent assets Curreni liabilities 44.828 59.271 14.856) 11,670 13 56.498 71.721 {5.426) 12.437 (570} Fund Balances 99.243 11,683 122,793 Page 15

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC) NOTES TO THE FINANCIAL STATEME.YTS (contlDued) For the Year ended 31st December 2023 12 PAYMENTS TO PCC MEMBERS 2021 2022 The PCC sypportcd the clergy by payinB'.- The Cost of vicarage uliltties Clergy working expenses 4.549 1.647 6,196 4.864 613 5.479 2023 2022 Ver8¢r's fees were paid to two PCC members (I member in 2022) Wedding AV fees ￿Te paid to one PCC member in 2022 180 31S 35 No expens¢s w¢r¢ reimbursed to PCC mcmb¢rs There wrre no payments ￿ other tsustres or persons relatyj to or ￿nnected io them other than the norn)81 r¢imbursements of ptymen¢S made to third partiu on behalf of the church Ind paym¢nts described in Not¢ 13 below. 13 RELA TED PARTY TRANSA ￿[ONs DuTill8 the year, th¢ followin8 chorithble 8r•nts wtre made ihlt require disclowre as related party tran5aciions:_ £600 to Th¢ V¥u8han F4mity 12022- £500) (Matt Vau8han is working in a self4upportin8 role for Intersave Ihe Diocese of Birminghaml. Mrs H Shephewd, 8 ¢rusitt, is the aunt of Maty Vaughan. £600 10 The Mi&4ion House 12022 z £500) Ichuriiy rcgistrailon number 1107874) MT I Pounce. a lrysiee. LS 8130 a th￿1¢¢ of The Mission House. The total amount ofdonations funded by PCC member5 and ￿la￿d p8rries was £24.07] (2022- £16 JOO). Pa8e 16