REGISTERED CHARITY NUMBER: 1163737
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
Ashdown Hurrey Chartered Accountant & Business Advisers 20 Havelock Road Hastings East Sussex TN34 1BP
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 20 |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Activities
The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hastings, (the PCC), has the responsibility of cooperating with the Vicar, the Reverend Simon Larkin, in promoting in the Ecclesiastical Parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. In achieving these objectives, the Trustees have due regard to guidance on public benefit as published by the Charity Commission.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE
During 2023 HTH continued to grow and develop activities to fulfil the vision of building communities of people who are so passionate about being with Jesus, becoming like Jesus and doing the things that Jesus does, that lives, families and communities are changed and transformed, one life at a time.
Sundays and Worship
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Two Sunday morning services are held, at 10:00 (the Live@10) and 11:15, with a single combined Sunday service during the August peak holiday period. Attendance at both services has grown through the year and they continue to be live streamed.
-
There is a growing multi-generational team of more than 20 singers and musicians who serve to facilitate and encourage our church community to engage passionately and intentionally in prayer and worship at all church services, including Sunday morning services, monthly youth gatherings and termly 'House of Prayer' evenings, as well as themed services at Easter and Christmas.
-
Teaching series through the year included the life of Jacob, Paul's Letter to Colossians, Parables of Jesus and Summer Psalms. - 'House of Prayer', an evening service of prayer and worship, was held termly in HTH Hall.
Easter and Christmas
-
On Good Friday we ran a 'Capture the Flag' event in the town and held services in the church on Good Friday and Easter Sunday.
-
At Christmas we held a Christingle, a Nativity and an evening Carol Service, as well as services on Christmas Eve and Christmas Day.
Children and Families
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The Live@10 service has continued bringing families together, offering a time to explore the Christian faith through worship, games, fun, and bible teaching. New groups have been launched for babies and toddlers at the 11:15 Sunday service, staffed by volunteers.
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Tots & Me, which meets weekly during term-time, continues to be extremely popular. There is always a warm welcome, lots of toys, physical fun, and craft activities, as well as café and snack-time. Towards the end of the session a shared thought, a short bible story and music, including nursery rhymes and 'kids' worship songs, gives young families without a church background a taste of the Live@10 service.
-
We held many special events over the year, including a light party in October, Christingle and family nativity services at Christmas, and 'Capture the Flag', a fun family event at Easter.
-
In the summer families had the opportunity to join weekend activities at Ashburnham Place.
Youth
-
During 2023 Youth continued to meet every Wednesday evening during term time for fun, connection, and discipleship.
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'Deeper', a monthly Sunday evening youth-led service for young people was held in the church, providing further opportunities for discipleship, worship, connection, and refreshments. By the end of the year 35 youth were attending.
-
We held a number of special events, including a youth-led Christmas Carol Service and summer parties and hang outs. The youth also had the opportunity to join a camping event at Ashburnham for a weekend in late August.
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A youth worship team was launched and by the end of the year had grown to 4 young people who sing and play at the monthly 'Deeper' youth service. All 4 of these young people have also been involved in our Sunday services, mainly at the Live@10, but also at the 11:15 service from time to time. We are looking to grow and develop this team further in the coming year.
-
The HTH school's worker at Ark Alexandra Academy has had contact with many of the 2,100 students enrolled over the school's two sites, through mentoring, counselling, and skills development, as well as R.E lessons. Conversations were often around developing self-confidence and greater self-worth as well as an understanding of the Christian faith.
Premises
-
In the first half of the year work took place to prepare an application to the National Heritage Lottery Fund for a grant to protect the heritage, artifacts and artwork of HTH Church, including restoring the Grade II* listed building and preserving the Missal by master calligrapher Edward Johnston. In January an open day was held to engage the local community with this project. The grant application was submitted in August and the PCC were notified at the end of the year that this had been successful, with a sum of £479,000 being awarded for the development phase. The PCC will be exploring options for raising the 10% matched funding in 2024. Subject to formal approval from the NHLF, the project start was expected in early 2024 and the Development phase is due to complete in May 2025.
-
Following the sale of Trinity Hall and the adjacent dwelling in Braybrook Road, Hastings, and the subsequent purchase of 32-33 Robertson Street in 2022, the PCC has explored options for renovation and adaptation of this property for use by the church and the wider community. In November the PCC successfully applied to the Diocese of Chichester Mission Fund for £15,000 seed funding towards the cost of an architect to develop a design concept for the building and a fundraiser to seek grant funding.
-
Further landlord works were carried out at HTH Hall, which enabled an increasing number of church meetings and activities to take place on the lower floor of these premises as well as utilising the upper floor for Youth activities.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
- Work was completed to update the toilet facilities in the basement of the church building.
Community Outreach
-
HTH continued support for a Ukrainian Sanctuary Café that meets in HTH Hall. In total there were 1,955 visits by 152 Ukrainians, with an average of 42 attending each week. The church has delivered more than 83 hours of specialist group language support and approximately 32 Ukrainians have accessed this. Christmas celebrations held in 2023 were attended by 85 Ukrainians.
-
Safehaven Men and Women continued to operate from Church premises through the year. Around 40 men and 30 women were supported each week, through provision of a safe space and hospitality, food, love, and kindness, with more than 300 individuals, including 15 Ukrainians, benefitting over the course of the year.
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A number of special events were held during the year, including supporting the Hastings half-marathon in March, providing hot chocolate and cookies to participants in the Hastings Bonfire parade in October and opening the church doors to provide passers-by with the opportunity to come in for prayer, refreshments or just a listening ear during the local street market in December.
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At the end of the year HTH applied to Resurgo, a national charity, to partner with them to run an employability centre in Hastings for 18-24-year-olds not in education, employment or training. We hope to launch the new centre in the autumn of 2024, subject to the successful recruitment of staff.
Community
-
Hub groups continue to be the main opportunity for the majority of the church congregation to participate in church life during the working week. By the end of the year, we had 15 active Hubs accommodating approximately 160 people.
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Keys to Freedom groups, with 2 facilitators and 2-3 participants, ran each term.
-
A regular bible study group was launched for people in their 20s with between 15-20 people attending each week.
-
Alpha courses were run each term with an increasing number of attendees, and baptisms were held on Hastings beach in September and in the church in November and December.
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We enjoyed community meals in the church after the 11:15 Sunday services on several occasions during the year, serving food reflecting the diverse backgrounds of members of the congregation, including Ukrainian borscht and Indian curry.
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A party of around 70 people attended Focus, run by the HTB network of churches, at the Newark Showground over the last weekend of July.
-
As well as streaming Sunday services, HTH continued to grow its digital presence with 3,183 followers by the end of the year on Instagram and Facebook, with a total reach of 30,000 people.
FINANCIAL REVIEW
Financial position
The income of the Charity arises from donations, legacies, grants and fund raising. Charitable expenditure is all met from this income. The Trustees consider the operations of the Charity are sufficient in the short term to maintain its obligations in full.
Reserves policy
The charity holds restricted funds of £158,870 (2022: £118,486) which have been donated for the funding of activities set out in note 15. Unrestricted funds of £84,032 (2022: £79,987) allow the charity to carry out its charitable objectives. The total funds held were £242,902 (2022: £198,473).
The charity's reserves are required and maintained at a level sufficient to ensure the continuance of the charity's objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hastings, (PCC), is a corporate body established by the Church of England. The PCC operated under the Parochial Church Council Powers Measure.
Recruitment and appointment of the PCC
There are six statutory ex officio members of the PCC, the Vicar, the Curate, the two Church Wardens and the two Deanery Synod Reps. Other members of the PCC are elected at the Annual Parochial Church Meeting (APCM), and normally serve for a period of 3 years before retiring or standing for re-election if they wish. Members of the PCC may be co-opted between APCMs, e.g., to replace a PCC member who resigns during the year, but they must then stand for election at the next APCM. In order to stand for election, members of the congregation must be on the parish electoral roll; be over 16 years of age; and be an actual communicant..
Organisational structure
Appointment of members to the PCC conforms with the Church Representation Rules. At Holy Trinity the membership of the PCC consists of the Vicar, the Curate, the Church Wardens, the Deanery Synod Reps. and up to 12 elected PCC members.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Management
All members of the PCC, both ex-officio and elected members, are Trustees. Members of the PCC are responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how funds of the PCC are to be spent.
Remuneration Policy
Salaries are determined by the PCC after taking advice on remuneration for comparable roles in the local area.
Related parties
The PCC enjoys the support of the Friends of Holy Trinity, Hastings.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Principal Risks and Uncertainties
Members of the PCC have examined the major strategic and operational risks which the church faces in order to be satisfied that systems have been established to enable regular reports to be produced and that all reasonable steps have been taken to minimise the effects of all such risks that may exist.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1163737
Principal address
Holy Trinity Church Robertson Street Hastings East Sussex TN34 1HT
Trustees
PCC Members
PCC Members include Ex Officio members and Elected members.
Ex Officio Members
Rev Simon Larkin Vicar James Kirby Church Warden Rev Toby Lancaster Curate Denise Fairbrother Church Warden Harri England Deanery Synod Rep. - Resigned Nigel Howard Deanery Synod Rep. January 2024 Elected Members Fayth Garlick Ian Nunn Edward Gosnell Danny Peach Elected April 2023 Neil Grover Elected April 2023(previously Dan Scarsbrook Resigned April 2023 co-opted) Sally Grover Elected April 2023(previously Miranda Sharp Resigned April 2023 co-opted) James Keeling Re-elected April 2023 Yetty Yusef Elected April 2023(previously co-opted) Beryl Lovett
During the year, Fayth Garlick received remuneration for producing a Business Plan for developing the new premises at 32-33 Robertson Street.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Steve Sampson BFP FCA FCIE DChA Ashdown Hurrey Chartered Accountant & Business Advisers 20 Havelock Road Hastings East Sussex TN34 1BP
Holy Trinity Hastings is part of the Dioceses of Chichester within the Church of England.
Approved by order of the board of trustees on 9 April 2024 and signed on its behalf by:
S Larkin - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hastings
I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hastings (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content 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.
Steve Sampson BFP FCA FCIE DChA
Ashdown Hurrey Chartered Accountant & Business Advisers 20 Havelock Road Hastings East Sussex TN34 1BP
9 April 2024
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 344,802 Investment income 4 6,131 Other income 5 15,000 Total 365,933 EXPENDITURE ON Raising funds 6 22,742 Charitable activities 7 Charitable activities 14,982 Ministry expenditure 93,135 Holy Trinity Hastings Ministries 18,024 Church expenses 146,830 Buildings 66,175 Total 361,888 NET INCOME/(EXPENDITURE) 4,045 RECONCILIATION OF FUNDS Total funds brought forward 79,987 TOTAL FUNDS CARRIED FORWARD 84,032 |
31.12.23 31.12.22 Restricted Total Total funds funds funds £ £ £ 222,970 567,772 440,686 - 6,131 14,446 - 15,000 - 222,970 588,903 455,132 - 22,742 13,333 - 14,982 11,133 - 93,135 89,771 30,033 48,057 52,955 88,117 234,947 241,994 64,436 130,611 73,471 182,586 544,474 482,657 40,384 44,429 (27,525) 118,486 198,473 225,998 158,870 242,902 198,473 |
|---|---|
The notes form part of these financial statements
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
BALANCE SHEET 31 DECEMBER 2023
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 13 13,934 Cash at bank and in hand 86,176 100,110 CREDITORS Amounts falling due within one year 14 (16,078) NET CURRENT ASSETS 84,032 TOTAL ASSETS LESS CURRENT LIABILITIES 84,032 NET ASSETS 84,032 FUNDS 15 Unrestricted funds Restricted funds TOTAL FUNDS |
31.12.23 31.12.22 Restricted Total Total funds funds funds £ £ £ - 13,934 16,567 158,870 245,046 195,099 158,870 258,980 211,666 - (16,078) (13,193) 158,870 242,902 198,473 158,870 242,902 198,473 158,870 242,902 198,473 84,032 79,987 158,870 118,486 242,902 198,473 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 9 April 2024 and were signed on its behalf by:
S Larkin - Trustee
The notes form part of these financial statements
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cash flows from operating activities | |||
| Cash generated from operations | 1 | 46,276 | (69,484) |
| Net cash provided by/(used in) operating activities | 46,276 | (69,484) | |
| Cash flows from investing activities | |||
| Interest received | 3,671 | 1,477 | |
| Net cash provided by investing activities | 3,671 | 1,477 | |
| Change in cash and cash equivalents in the | |||
| reporting period | 49,947 | (68,007) | |
| Cash and cash equivalents at the beginning | |||
| of the reporting period | 195,099 | 263,106 | |
| Cash and cash equivalents at the end of the | |||
| reporting period | 245,046 | 195,099 |
The notes form part of these financial statements
Page 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
| 31.12.23 | 31.12.22 | |
|---|---|---|
| £ | £ | |
| Net income/(expenditure) for the reporting period (as per the | ||
| Statement of Financial Activities) | 44,429 | (27,525) |
| Adjustments for: | ||
| Interest received | (3,671) | (1,477) |
| Decrease/(increase) in debtors | 2,633 | (5,326) |
| Increase/(decrease) in creditors | 2,885 | (35,156) |
| Net cash provided by/(used in) operations | 46,276 | (69,484) |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.1.23 Cash flow At £ £ Net cash Cash at bank and in hand 195,099 49,947 195,099 49,947 Total 195,099 49,947 |
31.12.23 £ 245,046 245,046 245,046 |
|---|---|
The notes form part of these financial statements
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. STATUTORY INFORMATION
The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hastings is an unincorporated Charity. The nature of the Charity's operations and principle activities are promoting in the Ecclesiastical Parish the whole mission of the Church.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared on a going concern basis. The financial statements are prepared in sterling which is the functional currency of the charity.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Income from trading activities includes income earned from fund raising events to raise funds for the charity. Income is received for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
Income from grants is recognised when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably If entitlement is not met these amounts are deferred.
Investment income is earned through holding assets for investment purposes. It includes interest and rent. No investment management costs are incurred. Interest and rental income are recognised as the charity's right to receive the payment is established.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
It is categorised under the following headings:
-
Costs of raising funds.
-
Expenditure on charitable activities includes Ministry expenditure, support and governance costs.
Support costs allocation
Support costs are those that assist in the work of the charity but do not directly represent charitable activities and include church and buildings expenses. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to the cost of raising funds and expenditure on charitable activities on a basis consistent with the use of the resources.
Governance costs comprise those costs associated with meeting the constitutional and statutory requirements of the charity.
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
2. ACCOUNTING POLICIES - continued
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors receivable and creditors payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
Going concern
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for twelve months from approving these financial statements.
3.
DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 31.12.23 | 31.12.22 | |
| £ | £ | |
| Collections | 20,165 | 6,402 |
| Planned giving | 188,267 | 178,821 |
| Gift aid | 50,350 | 50,015 |
| One off donations and legacies | 17,148 | 30,116 |
| Grants | 222,969 | 111,500 |
| Vision days | 59,402 | 60,737 |
| Miscellaneous income | - | 18 |
| Focus | 1,286 | 2,700 |
| Holiday clubs | - | 377 |
| Fundraising events | 123 | - |
| Other events | 2,339 | - |
| Children's Ministry | 5,723 | - |
| 567,772 | 440,686 | |
| Grants received, included in the above, are as follows: | ||
| Grants | 31.12.23 £ 222,969 |
31.12.22 £ 111,500 |
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
4. INVESTMENT INCOME
----- Start of picture text -----
||||
|---|---|---|
|31.12.23|31.12.22|
|£|£|
|Rents received|2,460|12,969|
|Deposit account interest|3,671|1,477|
|6,131|14,446|
----- End of picture text -----
The two properties in Braybrook Terrace were sold in December 2022 and a new property, 32-34 Robertson Street was purchased through the proceeds of the sale. This new property is also in the legal ownership of the Diocese of Chichester while the beneficial ownership is considered by the Parochial Church Council to rest with the Church. Any income from this property would benefit the Church and the Church bears the responsibility for maintenance and repair. However, no income has been received from this property in 2023.
The small amount of rental income in 2023 was from occasional letting of HTH Hall (also known as Cambridge Hall) which we lease long term from the Church Growth Trust.
5. OTHER INCOME
----- Start of picture text -----
||||
|---|---|---|
|31.12.23|31.12.22|
|£|£|
|Other income|15,000|-|
----- End of picture text -----
Other income relates to income received following the disposal of property in Braybrook Terrace and purchase of property in Robertson Street.
The two properties in Braybrook Terrace were sold in December 2022 and a new property, 32-34 Robertson Street was purchased through the proceeds of the sale. These properties were / are in the legal ownership of the Diocese of Chichester while the beneficial ownership is considered by the Parochial Church Council to rest with the Church.
6. RAISING FUNDS
Raising donations and legacies
----- Start of picture text -----
||||
|---|---|---|
|31.12.23|31.12.22|
|£|£|
|Fund raising|22,742|13,333|
----- End of picture text -----
7.
CHARITABLE ACTIVITIES COSTS
----- Start of picture text -----
|||||
|---|---|---|---|
|Support|
|Direct|costs (see|
|Costs|note 8)|Totals|
|£|£|£|
|Charitable activities|-|14,982|14,982|
|-|
|Ministry expenditure|93,135|93,135|
|-|
|Holy Trinity Hastings Ministries|48,057|48,057|
|-|
|Church expenses|234,947|234,947|
|-|
|Buildings|130,611|130,611|
|506,750|14,982|521,732|
----- End of picture text -----
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
8. SUPPORT COSTS
9.
| SUPPORT COSTS | ||
|---|---|---|
| Charitable activities INDEPENDENT EXAMINERS' REMUNERATION |
Governance costs £ 14,982 |
|
| Fees payable to the charity's independent examiners for the independent examination of the charity's financial statements |
31.12.23 £ 1,450 |
31.12.22 £ 2,000 |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
11. STAFF COSTS
| Wages and salaries | 31.12.23 31.12.22 £ £ 179,790 182,415 |
|---|---|
| Social security costs | 8,826 9,499 |
| Other pension costs | 6,998 5,409 |
| 195,614 197,323 |
|
| The average monthly number of employees during the year was as follows: | |
| Charitable activities | 31.12.23 31.12.22 9 9 |
No employees received emoluments in excess of £60,000.
There were no key management personnel, the clergy being reimbursed by the Diocese.
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| fund | funds | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 307,761 | 132,925 | 440,686 | |
| Investment income | 14,446 | - | 14,446 | |
| Total | 322,207 | 132,925 | 455,132 | |
| EXPENDITURE ON | ||||
| Raising funds | 13,333 | - | 13,333 | |
| Charitable activities | ||||
| Charitable activities | 11,133 | - | 11,133 | |
| Ministry expenditure | 88,271 | 1,500 | 89,771 | |
| Holy Trinity Hastings Ministries | 14,786 | 38,169 | 52,955 | |
| Church expenses | 191,730 | 50,264 | 241,994 | |
| Buildings | 61,585 | 11,886 | 73,471 | |
| Total | 380,838 | 101,819 | 482,657 | |
| NET INCOME/(EXPENDITURE) | (58,631) | 31,106 | (27,525) | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 138,618 | 87,380 | 225,998 | |
| TOTAL FUNDS CARRIED FORWARD | 79,987 | 118,486 | 198,473 | |
| 13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Income tax recoverable | 31.12.23 £ 5,808 |
31.12.22 £ 5,683 |
||
| Other debtors | 5,521 | 8 | ||
| Deposits | - | 324 | ||
| Prepayments | 975 | 3,602 | ||
| Accrued income | 1,630 | 6,950 | ||
| 13,934 | 16,567 | |||
continued...
Page 15
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Social security and other taxes Other creditors Accrued expenses MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Safehaven Women Safehaven Men Bursaries Children Schools Worker Pastoral Aid Fund Major Building Project Love Ukraine Tots & Me Ukraine Support Church Restoration Project TOTAL FUNDS |
31.12.23 31.12.22 £ £ 3,498 3,397 - 1,089 12,580 8,707 16,078 13,193 Net movement At At 1.1.23 in funds 31.12.23 £ £ £ 79,987 4,045 84,032 2,375 (101) 2,274 2,508 (2,508) - 3,938 (1,498) 2,440 12,674 (1,764) 10,910 20,000 - 20,000 363 1,701 2,064 31,219 84,144 115,363 20,000 (16,181) 3,819 1,750 (1,750) - 2,000 - 2,000 21,659 (21,659) - 118,486 40,384 158,870 198,473 44,429 242,902 |
|---|---|
15. MOVEMENT IN FUNDS
continued...
Page 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Safehaven Women Safehaven Men Bursaries Children Schools Worker Pastoral Aid Fund Major Building Project Love Ukraine Tots & Me Church Restoration Project TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Safehaven Women Safehaven Men Bursaries Children Youth Schools Worker Pastoral Aid Fund Major Building Project Love Your Neighbour - Main Fund Love Ukraine Tots & Me Ukraine Support Church Restoration Project TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 365,933 (361,888) 4,045 3,978 (4,079) (101) 1,062 (3,570) (2,508) 3,000 (4,498) (1,498) 16,285 (18,049) (1,764) 30,000 (30,000) - 29,000 (27,299) 1,701 135,345 (51,201) 84,144 835 (17,016) (16,181) - (1,750) (1,750) 3,465 (25,124) (21,659) 222,970 (182,586) 40,384 588,903 (544,474) 44,429 Net movement At At 1.1.22 in funds 31.12.22 £ £ £ 138,618 (58,631) 79,987 2,526 (151) 2,375 - 2,508 2,508 7,373 (3,435) 3,938 10,748 1,926 12,674 4,000 (4,000) - 20,000 - 20,000 2,792 (2,429) 363 32,453 (1,234) 31,219 7,488 (7,488) - - 20,000 20,000 - 1,750 1,750 - 2,000 2,000 - 21,659 21,659 87,380 31,106 118,486 225,998 (27,525) 198,473 |
|---|---|
continued...
Page 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Safehaven Women Safehaven Men Bursaries Children Youth Schools Worker Pastoral Aid Fund Clergy Rent Support Major Building Project Love Your Neighbour - Main Fund Love Ukraine Tots & Me Ukraine Support Church Restoration Project TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 322,207 (380,838) (58,631) 5,500 (5,651) (151) 3,800 (1,292) 2,508 - (3,435) (3,435) 16,900 (14,974) 1,926 - (4,000) (4,000) 30,000 (30,000) - - (2,429) (2,429) 1,500 (1,500) - 1,125 (2,359) (1,234) - (7,488) (7,488) 39,165 (19,165) 20,000 1,750 - 1,750 2,000 - 2,000 31,185 (9,526) 21,659 132,925 (101,819) 31,106 455,132 (482,657) (27,525) |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Safehaven Women Bursaries Children Youth Schools Worker Pastoral Aid Fund Major Building Project Love Your Neighbour - Main Fund Love Ukraine Ukraine Support TOTAL FUNDS |
Net movement At At 1.1.22 in funds 31.12.23 £ £ £ 138,618 (54,586) 84,032 2,526 (252) 2,274 7,373 (4,933) 2,440 10,748 162 10,910 4,000 (4,000) - 20,000 - 20,000 2,792 (728) 2,064 32,453 82,910 115,363 7,488 (7,488) - - 3,819 3,819 - 2,000 2,000 87,380 71,490 158,870 225,998 16,904 242,902 |
|---|---|
continued...
Page 18
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 688,140 | (742,726) | (54,586) |
| Restricted funds | |||
| Safehaven Women | 9,478 | (9,730) | (252) |
| Safehaven Men | 4,862 | (4,862) | - |
| Bursaries | 3,000 | (7,933) | (4,933) |
| Children | 33,185 | (33,023) | 162 |
| Youth | - | (4,000) | (4,000) |
| Schools Worker | 60,000 | (60,000) | - |
| Pastoral Aid Fund | 29,000 | (29,728) | (728) |
| Clergy Rent Support | 1,500 | (1,500) | - |
| Major Building Project | 136,470 | (53,560) | 82,910 |
| Love Your Neighbour - Main Fund | - | (7,488) | (7,488) |
| Love Ukraine | 40,000 | (36,181) | 3,819 |
| Tots & Me | 1,750 | (1,750) | - |
| Ukraine Support | 2,000 | - | 2,000 |
| Church Restoration Project | 34,650 | (34,650) | - |
| 355,895 | (284,405) | 71,490 | |
| TOTAL FUNDS | 1,044,035 | (1,027,131) | 16,904 |
Description of Restricted Funds
Safehaven Women - Safehaven Women project. Funded by Food Network Grant, Goodnews Evangecial Mission, Sussex Community Foundation, Hastings Borough Council, Magdalen & Lasher, Pett WI and an anonymous donor.
Safehaven Men - Safehaven Men project. Funded by Goodnews Evangecial Mission, Sussex Community Foundation, Magdalen & Lasher and an anonymous donor.
Bursaries - Bursaries for Focus, Youth weekend and training. Funded by anonymous donors.
Children - Funding towards the Children's ministry, funding salaries and other costs. Funded by Henry Smith Foundation, Joseph Rank Trust and Little Lives.
Youth - Youth ministry.
School Worker - Funding towards the school's worker, schools and children and youth work. Funded by Sequioa Trust, Stewardship Gift and an anonymous donor.
Pastoral Aid Fund - At discretion of Church Wardens. Funded by anonymous donors.
Clergy Rent Support - Top up funding for Curates rent. Funded by an anonymous donor.
Major Building Project - Major building projects. Funded by Friends of HTH, Individual Gifts and an anonymous donor.
Love Your Neighbour-Main Fund - Outreach activities such as food bank and safehaven. Funded by Love Your Neighbour.
Love Ukraine - Love Ukraine project. Funded by Love Ukraine and HTH Gift Day.
continued...
Page 19
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
15. MOVEMENT IN FUNDS - continued
Tots & Me - Funding towards equipment. Funded by Chalk Cliff Trust.
Ukraine Support - Ukraine support, funded by The Jerusalem Trust.
Church Restoration Project - Funding towards Church restoration project, funding provided by HAZ.
16. RELATED PARTY DISCLOSURES
During the accounting period Amygdala Home Ltd; a company controlled by Trustee Fayth Garlick, invoiced the charity £6,000 for work relating to the development of new premises at 32-33 Robertson Street.
Page 20