Charity Regi4tration No. 1163737 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS Contents of the Flnancial Ststements for year ended 31 Decomber 2024 Page Report of the Ttustees Independent Examinerfs Rep)rt Statement of FinanrAal A¢tivities Bal8nco Sheet statement of Cash Flows Notes to the Statement of Cash Flows Nole8 to the Finanaal slalemen18 11-18
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ThÈ Trusteés of th8 Charity, also known a8 HTH Church. present their report with the finan¥ial statements of the Charty for the year ended 31 Dember 2024. The Trust88s have adopted the provisions ofAccounting and Reporting for Charities.. Ststemenl of Recornmendèd Practice applicable lo charitses preparing the accounts in accordance with the Financial Reporting Standard applicablo In the UK aml Republic of Irand IFRS102 1A) (effective 1 January 2019}. Regist¢rod Charity Number 1163737 Prlncipal ¥ddrès# Holy Trinity Hastings is situated Dn Robertson Street. Haslings TN34 1 HT. 11 5$ part of the Dioces8 of Chlchesler withSn the Church of England. PCC Member8 PCC Membets in¢lude Ex Officio rnembers and El8ct•d members. Ex Offieio M8mbgrs Rev Simon Larkin Rev Toby Larica51er Viror Cutale James Kirby Pippa Fishlock Church Warden Church Warden Elected Api. 2024 Deanery Synod RÉp. Resigned Apr. 2024 Denise Fairbrolher Church Warden ResignÈd Apr. 2024 Nigel Howard Ele¢ted Mgmbers Fayih Garli¢ Ethvard Gosnell Tassja Gamer Nei5 Grover SAlly Grover Resigned April 2024 James Keeling Beryl Lovett lan Nunn Danny Pè8d) Yetty Yusef Re4lÈctèd Aprll 2024 Reelected April 2024 Elected Aprtl 2024 No members of the PCC received remuneration during the year. Ind•p•nd•nt Examiner Mark Cummins FCCA, FCIE TC Group The Courtyard, Shoreham Rd. Uppèr B88ding. Steyning Wesl Sussex BN44 3TN
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Govèmlny Documènt Th& Parochial Church Couricil of the EcdesiasticaS Parish of Holy Trinity Haslings, IPCC). a corporat8 body astablished by the Church of England. The PCC operated under thg Parg¢hial Church Counci5 Powers Mea5ur8. organIsaOnal Structure Appoinlmenl of members to the PCC conlomis wllh the Church Repiesent8tion Rulès. At Holy Trinity the membership of the PCC (x)nsists of the Vicar. the Curate, the Church Wardens, thÈ DÈanÉry Synod Reps. and up to 12 elected PCC mèmbers. Man•gèmènt All members of the PCC, both ex-¢ffs¢io and eleded membèrs, ar8 Trustees. Members of the PCC are rèsponsible lor making declOnS on all matters of general concem and Importance to the parish, induding decldlng on how lunds oflhe PCC a to bè spent. Related Partle8 The PCC enjoys the support ofthe Friénds of Hoty Trinity, Haslings. Rlsk Management The TnASt&&s have a duty lo identify and revi¢w the risks lo which thè Charity is exposed and lo en8ur appropriatÈ controls are in place lo proviije ie88onable assurance against fraud and ?rTgr. Rgmuneration Policy Salaries are detemiined by the PCC aftèr taking advice on remuneralton for comparable roles in thg local a. Prlncipal Risks and Uncortalnti MÉmb8rs of the PCC have examined the major strategic and opèrational risks which the church faces in ordÈr to be satisffied that systems have been established to enable re9ular IEports to be produced and th8t all reasonable 51¢ps have been laken to minimisè th8 effects of all such risks that may exist. Recrultsnent and Appoirttmènt of tho PCC There are six statutory ex officio member& of the PCC. the VicaT. thè Curat•, the knvo Church Wardens and the two De8n8ry Synod Reps. Other membe[& of the PCC are elèctÈd 8t the Annual Parochial ChuTd) Meeting IAPCMI and nomally serve for a period of 3 years before retiring or stsnding for re-election rfthey wish. Members oflho PCC may be cmpted beiwèèn APCMS, e.g., to replace a PCC tnember who resigns during the year, bul they must then stand lor èlèction at the next APCM. In order to stand for election, members of the ColWatiOn must be on the parish elgdgral roll, be over 16 years tsf aga. and be an actual communicant. OBJECTIVES AND ACTIWTIES The Parod)ial Church Coundl of the EccJesia8lieAI Parish of Holy Trinity Hastings, (the PCC). has thè responsibility of coopeiatiny with the VKar, the RÈvérend Simon Lartin, in prornoling in the Ecclesiasli¢81 Parish the whole mission of Church, pastoral, evang91islir, social and ecurHenic41. In acJ)i8ving these objectives. the TruslèÈs have duè regard to guidance public benefit as published by the Charity Commission.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE During 2024 HTH conb.nued logrow and develop 8cbvilies to fulfil Ihevision of building rDmrnunitie8 of people who arè so passion8le about being wtth Je$u$, becoming like Jesus and joining in wlh what Jesus is doing. that livés, famllie$ 3nd communities ale ¢anged and transfomied, one life at a time. Sundays and Worship Two Sunday mornSngs servi$ were held weekty. at 10.'00 {Ih8 Uv8@101 and 11..15, with a $Sngle combined Sunday 8ervi(> during the August peak holiday period. Attendance at the 11'.15 service or8w significanly through thè yèar and ¢onlinué$ to be live Streamed. There is a growing mulb-generalional team of more than 20 singers and musiaans who soNe to faeilit81e 8nd en¢ourage our iurdJ ¢ornrnunity to engagg passionately and inlenlionally in prayer and worship at all church s•rvic8s, induding Sunday moming seNie£s, monthly youth gatherings and lermly'House of Prayerf evenings, as well as themed seNices at Easter and Christmas. Teaching seriÈ8 through thé ye8r induded Ruth, Ads of the Apostles, Gifts of Ihe Holy Spirit, Luke's gospel and Summer Psalms. 'Hou5e of Prayerf, an evening service of prayer and worship, was held lemily in HTH Hall. Etsr and Christmas On Good Friday we ran a tsrnily event in the churth, with crafts. freshrnents, singing, danang, thallenges, and chocdale treats for the children, followed by an evening communion service. An all- age worship celebration service was held on Easler Sunday. At Christmas we held a Chri$lingle, a Nativity and an evening C8101 Service, as well a8 an all-age servi¢e on Christmas Day. Chlldren and Famili93 During the year we formed a new Children and Families team to support childrgn'$ groups both on Sundays and 41 w¢ekday adivilies. This has been lesourced by existing HTH staff and volunteers, with the addition of a new part-time Children and Families Assistant. The Live 10 seNice continued bringing famili8S togethèr. offèring a time to èxplttrÈ thÈ Christian laith through worship, 98me$, lun, and bible teaching. Three new children'8 groups were launched al the 11..15 Sunday Bervice.. Sprouts for years 0-3, Seedlings for years 3-5 and Saplings for years 10. The average weekly attedanGe was 42. Tots & Me. which meets weekly during terrn-lirne, continues lo be extremely popular. There is aayS a wann welwme, lots of toys, physical fun. and craft activities, as w811 as café and snack- me. Towards the end of the session a shared thought, a short bible story and music, including nutsory rhymes and'kids, worshlp songs, gwes young familie8 wilhoul 8 thurch bac*ground a tsste of the Live@10 service. We held many special evet)ts overth& y&ar, including a light party in OCtor. Christingle 8nd famity nativity seNices at Ghristrnas. and a fun family event al Easter. In thè summèr familiès had Ihe opportunity to join a weekend of activities at Ashburnham Place. Youth During 2024 Youth continued to m8el every Wednesday evening during term time for fun. connection. and disaple5hip. A Thursday evening Youth event for older youth was laun¢hed Sn Sepl6mber. An averagè of youth attènded eath week. Launched in 2023, 'Deeper', a monthty Sunday evening youlh-led service for young people, continued to providing opportuntties for discipleship, worship. connection, and refreshments. By the end of the y¢ai 25 youth were allending. 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, counsèlling, and skills development, as well as R.E lessons. Conversations were often around developing self-GonfidenGe and gr¢aler s&lf-worth as well 88 an underst8nding of the chriskn.an lailh.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 In the summer a Youth C8rnp was held al Ashbumham. with games, discussions, ouidoor acknvilies and bible study as part of the weekend. A number of HTH youth also attended Focus at Newaik Showground in July. Premlse8 Following the award of £479.1)00 from the National Lottery Hèritagè Fund at th8 and of 2023, wo began in April on the Development Stage of Hèritagè project that will protect the herit899, 8rtrfacts and athlork of HTH Church, induding resloring the Grade Il" listed building and preserving the Missal by mastercalligraph¢r Edward Johnston. Invi18tions to tenderwerè issued forcontractors to work gn Ihe Development phase and following a series of tender evaluations appointments were made ¢overing Project M8n8gemÈnt, Architects, Business Planning. Herilagg Activity and Inte[platIon Planning, and Fundraising. Progress was made towards raising the 10°h m8tchÉd funding rèquired, which is on-track lo be completed ahead of the end of the Development Stage In May 2025. Work was undertakÈn on the propety at 32-33 Robertson Street, now known as HTH House, in ordèr to make Ihe budding walertighl. The PCC continued to explore options for fijnding the renovation and adaptation of this property for use by the chur¢h and the wider community and engaged an archileci to conduct suryeys and produce cosl¢d designs for the work. as well as a fundraiser to idenlify sources of fundTng. Further landlord works were ¢arried out at HTH Hall, lo repairthe rwf 8TvJ renovate the upper floor. This h8$ &n8bled the upper floor to be used for the Saplings children's group on Sunday momings. as wall as lor Youth and other tiVItieS duftng the week. Community Work HTH wntinued support for the Ukrainian Sanctuary Café that meets in HTH Hall In total thar8 were 2.056 wsrts by Ukrainians. with kn average of 49 attendirtg éach ek, supported by 4 chuich vDlunleers. Unfortunately, Ihe language teacher we had been using beCae unavailable due to illness, but a new teacher has been found who has provided 54 houis of langu8gè16ssons to date. The Buddy Proj¢¢t was launched to match Ljkrainians with a local volunteer who provide friendship and assistan to navigate life in the UK. Othar voluntary organisalions have visited lo lead activities. In addition, staff from thè DWP and IcKal council attended the calè during the year to meet with ènd assist th8 Ukrainian guests wth issues such as employment and housing. Safehaven Men continued to operate from Church Premises Ihrouyh the year. Around 40 men wère Supportad @ach week. through provision of 8 safe space and hospitality, food, love and klndness. with more than 300 individuals b8neffitting i)ver the course of the year. Safehaven Womèn thnfinu8d to operate from Church premises through the year. BeNYeen 30 and 40 women were supported each woek. through provision of clothing. a safe spaco anij hospitality, hotfood, lovg and kindr*ss. More than 180 individuals, including 15 Ukiainians, benefitted over the our8e of the year. Keyworkers from 18 different agencies attended during 2024 and various artists provided help with aft adivilies for the women. A new 8etiwty Was Sound Portraits provided by 8 tgam frum Ashburnham Place, who play Èxtèmporaneously on the piano, Iluts and violin and pray for the women. This has prtsvèd vèry popular with the guesl$_ A number of speaal events were held during thè y8ar. induding supporting the Ha$lings half- marathon in fvTarch, providing htsl Chocolate and cookies lo participants in the Hastings Bonfire parade in Octobar and opening the church doors lo provide passers-by with the opportunity lo rome In for prayer, refreshTnenls orju$t a liSting ear during the local slre¢t market on sèveral Sundays during thé year. Following a successful recruitrnent proc8ss, in September we launched Spear Hastings, an employabilitye8ntre in H8Stingsfor 18-24ye3r-olds not in education, employrnent ortraining. Spear is run in parlnership with ResurgD, a atIonal charity, who havè provided training to stsff and volunteers involved in this initiative.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Communlty Hub groups continue to be the main opportunity for the majoriiy of the church congregalN>n lo parbcipale in ¢hureh life during the working week. By the end of the year. we had 10 active Hubs wth approxirnately 130 people regularty allending. Alpha Courses were run each terrn, and baptisms were held on Hasting's beach in June. WÉ ènjoyèd Community mèals in the church aftar tha 11..15 SLJnd8y sèrvicès on sevéral occasion$ during the year, serving food reflecting the diverse backgrounds of members of the congregation. A party of around 70 people atlended Focus, run by the HTB neIk of churches. al the Newark Showgiound ovEr the last weekend of Juty. As well a$ streaming Sunday services, HTH continued to gr(w its digttal presence with 3,404 followers by the end olthe yearon Instagram and Facebook. Ourtotal social network reath was jusl un¢Jer 38,0. FINANCIAL REVIEW In the year ended 31 Decernber 2024, total incorne increased to £783,76712023.. £588,903), largely due lo a rise in grant and ongDing support ft>r the thurth's vaiious ministries and PTojeds. Expenditure for the year totalled £815.90512023'. £544,474), reflecting increased activity across charitable programmes and invéstment in buildings and outtsaeh wtsrk. This rBSulled in a net defi(atof£32,138 forthe year12023'. surplu5 of £44,429). with total funds raiTied lorward of £210,764 (2023= £242,902), of which £114,318 We restricted. The Trustees remain committed to prudent financial management and ensuring that resources are directed effectively lo support the thurth's mission and community work. RESERVES POUCY The PCC aims lo htsld reseryes ol between £80,OCK) and £95,000 In unreslrlcted fuThls. ReseNes ar¢ hol¢J for the following purposes: As a contingency fund should urgent r8pairs r8quir&d to any of the buildings for which the PCC has rasponsibility. To m8intsin L38hflow relating lo major grant8 whi(* requirE evidence of expenditu prK)r to funds being ielease(l. To ensure that stsff remuneration and core expendilurg could b8 Jnainlain$d for a minimum 013 months should donations significantly redu. For the year of 2024. the unrestricted iesetves ainount 10 £96,446 {2023.. £84,032). Our closing balan achieve8 Ihts arKI 80 we expect lo continue lo have sufficient $h flow lo continuè to pay bills Wh they fall due. Rev Simn Larkin Date..2710412025.............................................
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS INDEPENDENT EXAMINER'S REPORT THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS I report lo the charwty Iruslees on my examination of the accounts of the charity for the year ended 31 December 2024 which arg set out on pages 7 to 18. Responsibllitias and basls of report As the ChIty'S trustees. you are tesponsible for the preparation of the accounts In accordance with the r8quir8ments of thè Charitias Act 2011 I'the Acf). I report in respecl of rny examination ol tho acGounts ratri¢d gul under section 145 of the 2011 Act and in carrying out my examinatson, I have followed all Ihg applicable Directions given by the Charity Commission under sedon 14515llb} of the Act. Independenl èxaminefs statement Since the charitys gross incorne exceeded £250,000 your examiner must be a member of a body listed in seclson 145 of the 2f)11 Acl. I confirm that l am qualifi lo undértake tho èxamination because l am a member of the Association of Chartered Certified Accounlanls, whiGh is on¢ of Ihe listed bodies. I have Gotnpl¢l¢d my ¢xarnlnation. l ¢onfirm that no matters have come lo my attention in conneclion with th¢ examination giving U5¢ to believe that in any material respect.. accounting records were not kept in respect of the charity a5 rgqylred by Section 130 of the 2011 Act or th8 attntS did not accord with the accounting records", or the accounts did not wmply with 1he applicable requiremenls concerning the forrn and eonlent of auounts sel out in the Charibes {Aecounts and R8POrtsl Regulations 2008 other than any requirement that the accounts give a'tTLJe and faiV view which is not a malter considered as part of an independent examination. I have no concerns and have come across no other matters in ¢onnectton with thè èxamination to whi attention should be drawn in this report in order to enable a proper undèrstanding of thè accounts to be reached. Mark Cufflmlns FCCA FC On behalfofTC Group Office.. Sleyning, West Sussex tg..4pn.I qot5
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Totsl Funds 2023 Tot81 Funds Unrg¥tricted Restrlcted Fund Funds Notes INCOME AND ENDOWMENT FROM Donations and legaeS Investment Income Other Income 384,866 8,931 13,730 376,440 761.106 8,931 13,730 567,772 6.131 15,(M)O Totsl 407,327 376.440 783,767 588,WJ3 EXPENDITURE ON Ralsin9 Funds 1,954 17,430 19,384 22,742 Charltsble a¢tivitle8 Charitable actwilies Ministry expenditure Holy TTinty Hastings Ministries Church expense Buildlngs 18.145 97.008 8,909 171,585 97,312 18,145 97.008 50.068 238,689 392.611 14.982 93.135 48,057 234,947 130.611 41,159 67,104 295,299 Totsl 394.913 420.992 815.905 544.474 NET INCOME IIEXPENDITURE) 12,414 144,5521 132.138) 44,429 RECONCILIATION OF FUNDS Tolal fvnds brought fonmard 84,032 158.870 242.902 198,473 TOTAL FUNDS CARRIED FORWARD 96,446 114.318 210,764 242,902 The statement of financial actiMties indudes all gains and 1¢8ses recognised in the period. All income and expenditure derive from continuing activities.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS BALANCE SHEET AS AT 31 DECEMBER 2024 2024 Total Fund8 2023 Total Fund5 UnT¢$tricted Restricted Funds Funds Notss CURRENT ASSETS Debtors Cash at bank and In hand 12 10,693 101,594 10,693 21S.912 13,934 245.046 114,318 112,287 114,318 226.605 258,980 CREDITORS Amount falling due within one yèar 13 (15,8411 115.8411 (16.078) NET CURRENT ASSETS 96,446 114,318 240,764 242.902 TOTAL ASSETS LESS CURRENT LIABILITIES 96,446 114.318 210.764 242.902 NET ASSETS 98.446 114,318 210.764 242,902 FUNDS Unrestricted funds Restricted funds 14 96.448 114.318 84.032 158,870 TOTAL FUNDS 210,764 242,902 Thefinanaal statem8ntswere approved by the Board ofTrustétS and authorised foi issue on. .271412025................. and were signed on its behalf by.. S Larkin- Trusteè
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flows from operatlng a¢tivitieg Cash g&nerated from operations 136.5851 46,276 Nel cash provided by l {used in) operating activilks (36,5851 46,276 Ca¥h floyts from Investing aetlvltl•s Interest received 7,451 3.671 Nel cash provided by investing actNit8 7,451 3.671 Chang• in cash and ca¥h ¢quivalents In the roportlny perlod 129.1341 49,947 Cash and cash ¢qui¥alents atthe beginnlng of the reporting period 245,046 195.c199 Ca¥h ¥[ cash equlvalonts at the end of tho reporting pèriod 215,912 245,046
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCIUATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Incom{expendIturn1 for the reportlng pgrigd las per the statement of Finanelal Activities) Adjustments for- Intsrest i8c8ived De¢reasèllincrè8s81 in debtors Increasellde¢T¢as¢) in creditors 132,1381 44,429 {7,451} 3.241 12371 13,671) 2,633 2,885 Net cash provlded byl lused In) oporatlons 136,5851 46,276 2. ANALYSIS OF CHANGES IN NET FUNDS At1.1.24 Cash flow At 31.12.24 Ngt cash Cash #t bank 8nd in hand 245,046 P9,1341 215,912 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLYTRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 STATUTORY INFORMATION The Parochlal Church Council of thè EIS18St1Cal Paiish ol Holy Trinty Hastings is an unincorporated Charily. The nature of the Charty'5 opÈr8tions and princAple aCtthes Bre promoting the ElesIaStICal Parish the whole rnission of the Church. ACCOUNTING POUCIES Basis of preparing the financial statements The financial statèments ofthe charity, whi¢h is a public beneffit èntity under FRS 102, have b86n prepared in accordance with thè Charities SORP IFRS 102) 'Accounling and Reporting by Chaiiliès.. St8temenl of Recommended Practice applicable to charities prèparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republie of Ireland IFRS 1021 {effective 1 January 2019),. Fin8neial R8POrting Standard 102 'Thè Finanaal Reporting Standard applicable in thè UK and Republi¢ of Ireland, and the Charities Act 2011. The financial statements have been preparèd undèi the historical cost convention. Tho financial statements arè propared on a going con¢6rn basis. The financial statements are prèpar8d in sterfing which is the functional cuirgnGy of the charity. Income All income 15 recognisod the Statement of Finanual Actwiti'es oncethe charty has entitlementto the funds, it is probable that the incorne will be receved, and th8 atnount can be me8sur8d reliably. For donations Iv be recognised the eh8rty will have been nolsfied of the amounts and the setuement date in wrbtsng. 11 there are conditions altad)8d to the donation and this requires a level of perfomance before enlillernenl ¢an be obtained, then the inGotne is deferred until those conditions are fully met or the fulfilmènt of those conditions is within the control of the tharity. and it is probable that they will be fulfill8d. Income trom trading aGlivrfies includes incomé @arned from fund raising even15 to raisè funds for the charity. Income is recewed lor supplying goods and seN15 in order to raise funds and is recognised when enlktlem¢nt has OCrTed_ Incorne from grants is reeognised when Ihg Gharfty has entitlemènt after any perforInan condition5 havè been mel, il is probablè that the income wll be received. artd th8 amount can be meaSud reliably If enlillement is not met lhasa amounts are deferted. Investment income is eamed through holding assets for inv8stment purposes. It inclLJdes interest and r¢nt. No investment management costs are in¢urr8d. Interest and rental income are rÈcognisèd as the chatty's right to receive the payment is establishéd. Expenditure Liabiltlies are recognisèd as èxpenditure as soon as there is a legal or Conslructlve obligation ¢ommitting the charity to that expenditure, il is piobable Ihat a transfer of economic benefits wll be required in sèttlement and thé amount of the obligation can be measured reliably. Expenditure is accounted for on an acGmals basis and has been dassified undoi h88dings that aggregate all cost related to th8 category. Vlhere costs cannot be directly attribuied to particular headings. they have been allocated lo advities on a basis consistent wlh the use of resources. It is ¢ategorised under the following headings- Costs ol raising funds. ExpÈnditure on charitab5e actwities includes Mini8ty expenditure, support and gov•rnance cpsls.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued) ACCOUNTING POUCIES leontlnuedl Support co$ts allocatlon Support Costs are those that assist in the work of the rharily but do not direcuy represent d)8rit8ble activities and include chui¢h and buildings expenses. They arp inGurred diredy in support of expèndituré on the objects of the charity. Wher8 SUPPOrt costs cannot be directly attributed to particular headings, they have been 8lk)cated to the cost of Tai5ing (unds and expenditure on charitsblè activitiès on a basis consistent with thè usè t)f thè resources. Govèrnance $ts comprise those c0818 associated meeting thg constitutional and statutory requirements ofthe thality. Taxatlon The charity is pxtrmpt from lax on its ¢h#ritablÈ activities. Fund account5ng Unte8tri¢ted funds can be used in accordance wth the charitable objectives at thè disr*8tion of the tru5tee8. Rastricted funds can bo used for particular Testii¢ted purposes within the objects of the charity. R8Strictions arise when speGified by the dOr orwhen funds 8rÈ r8isÉd for particular restricted purposes. Further explanation ofthe nature and purpose of eath fund is induded in the notes lo)th¢fjnan¢ial statements. Pènsion costs and other p08t4etlrement benefits The chafity operates a defined contribution pension scheme. Contributions payable to the chaTity'8 pension 8cheme are charged to the Statement of Fin8nryal A¢tivities in the period lo whith th8y relate. btors. roceivable and croditors payable wlthln one yèar D8btors and creditors with no slated interest rate and receivablè and payable within one year are ie¢ordèd 8t tiansaclion price. Any losses arising from impaimient are recogni5gd irb ¢xpendiiure. Golng concèrn The finanoi81 $tatem8nts have been prepared on a going concem basis a5 the Trustèés believe that no material uncertaintiès èxist. The Trustees have o)nsidwed the level of funds held and the expeded level of Incon and expenditur¢ for twelve months from approving th6s8 financial statements. DONATIONS AND LEGACIE8 2024 2023 Collecli(>ns Planned giving Gift Aid One off donations and legaues Grants Vision days Miscellaneous Focus Fundraising events Other gvonts Child.5 Ministry 26.903 195.779 58,288 4,979 376,062 88,208 1,287 20.165 188,267 17,148 222,969 59,402 1,286 123 2.339 5.723 4,398 5,202 761.106 567,772 Grants received, incbjded in the above. aTe as follows.. 2024 2023 Grants 376,062 222,969 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued) INVESTMENT INCOME 2024 2023 Rents receivod Deposit accounts Inter•sl 1,480 7,451 2,460 3,671 8,931 6.131 A property on 32-34 Robertson Street was pur¢ha$ed in 2023. This property is in the legal Dwnei$hip of the DiCese of Chi¢he$ter while Ihe benefi(aal ownership 1$ ¢onsidered by the Parothial Church Counal to rÈst with the Church. Any incorne Irom this property would beneffit the Church and the Church bears the responsibility for Mntenan and repair. Rent income relating to this property was £480 in 2024 (2023-. £nil). The rentsl income from the occasional lelling of HTH Hall (a150 known as Cambridge Hall) which we lease long term from the Church Growth Trust was £1.OCK) in 2024 {2023'. £2,460}. 5. OTHER INCOME 2D24 2023 Other Income 13.730 15,000 13.730 15,000 RAISING FUNDS 2024 2023 Cost of r8i$iny fund$ 19.384 22.742 19.384 22,742 CHARITABLE ACTIVITIES Direct Support C08t Isee note 8) Total Total Costs 2024 2023 Chaittable activities Ministry expenditure Holy Trinity Hastngs Mini$thes Chureh èxpènsès Bu11dings 18,145 18,145 97,008 50,068 238,689 392,611 14.982 93.135 48,057 234,947 130,611 97,008 50,068 238,689 329,611 Total Charltable Acilvttle8 778.376 18,145 796.521 521,732 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued) SUPPORT COSTS 2024 2023 General Offi and administration Ityjependent examiners, remunerab'on 14.845 3,300 14.982 1.450 18.145 14,982 STAFF COSTS 2024 2D23 Wages and salaries Social sècurity costs Other pension eosts 194,330 9,932 7,457 179,790 8.826 211.719 195,614 The averag¢ rnonlhly number of employees during the year was as follow$.' 2024 2023 Charitable actNitie5 No ¢mployE¢s ieG¢iv¢d emoluments in extsss of £80,0. There were no key management personnel. the dergy b6ing rÈimburs8d by the Diocese. 10. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 De¢ember 2024 nor for the year 8nd8d 31 December 2023. Trustees, expen8es There were no trustees, expenses paid for the year erKled 31 Decembar 2024 nor for th• y8ar ended 31 D¢G¢mb?r 2023. 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Contlnued) 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricied Restricted Funds Funds Total Funds INCOME AND ENtKJWMENT FROM Donation$ and legacies Investment Income Other lrncome 344.802 6,131 15.000 222.970 567,772 6.131 15,000 Total 365,933 222,970 588.903 EXPENDITURE ON Raising Funds 22,742 22,742 Charitsbla activltlos Charit8blÈ atttivitiès Ministry expenditure Holy Trinity Haslings Ministrie Church expense Buildings 14,982 93,135 18,024 146,830 66,175 14,982 93.135 48,057 234,947 130,811 30.033 88,117 64.436 Total 361.888 182,586 544,474 NET INCOME IIEXPENDITUREI 40,384 44,429 RECONCILIATION OF FUNDS Totsl lunds brought foNard 79.987 118,486 198,473 TOTAL FUNDS CARRIED FORWARD 84,032 158,870 242,9D2 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade receivables Income tax recoverable Other debtors Prepayments Accrued Income 5.808 5,521 975 1,630 2.016 7.710 10.693 13.934 13. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Social setturity Ènd other t8x•s Accrued expen$&s 3,675 12,166 3.498 15,841 16,078
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued) 1& MOVEMENT IN FUNDS Net Movement In funds At1.1.24 At 31.12.24 Unrestrfcted funds GÈn8rdl funds 84,032 12,414 96,446 Re8trl¢tsd fund8 Bursaries ChIldn and Youth Church Restorats"on Project Equipment Fund ajor Building Proje¢l mus. Production. and Publityty Pastoral Aid Funds Saféhaven Ministries SpeaT Centre Ukraine Support 2,440 30,911 6,529 (18,116) 8,969 12,795 2,923 (97,9631 27,239 1,945 11,558 27,151 15,8181 2,923 17.4(K) 27.239 4.010 13,382 27.151 115,362 2,065 2,274 5,818 158.870 {44,5521 114,318 TOTAL FUNDS 242,902 132,138} 210,764 Net movemenl in funds, included in the above are as follows.. Incomlng Resource8 Movement irt funds expendgd Unrestricted funds General funds 407,327 1394,913} 112,4141 Rostrieted funds Bursari$$ Children and YoLrth Church Restoration Project Equiprnenl Fund Major Building Project usic. Production. and Publiaty Past1 Ald Funds Safèhaven Ministries Spèar Céntr8 Ukraine Support 13,000 22,273 185,265 5,000 18.700 53,C4)0 3,00 21,928 57,954 16.320 16.471} (40,389) 1165,265} 12,077) 1116,663) (25,7611 11,055) 110,3701 130,8031 122,1381 6.529 118.116} 2,923 197,963) 27.239 1,945 11,S58 27,151 {5,818) 376,440 {420,9921 {44,5521 TOTAL FUNDS 783.767 1815,905} 132,1381 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 (Contlnuod) 14. MOVEMENT IN FUNDS Icontlnuedl Comparatlves for mov•m•nt In funds Net Movement In fund$ At1.1.23 At 31.12.23 Unrestrfcted funds General funds 79.987 4,045 84,032 Ro$trl¢tod fund$ Buisarigs Children and Youth Church Restoration Pir)je¢t Major Building Piojecl Pastoral Aid Funds S8fehaven Ministries Ukraine Support 3,938 34.424 21.659 21,219 364 4,883 21,999 11,498) 13.514} {21,659) 84,144 1,701 12,6091 {16,181} 30,910 115,363 2,065 2.274 5,818 118.486 40,384 158,870 TOTAL FUNDS 198,473 44,429 242,902 Comparative net movement in funds, ineluded in the above are as follows.. Incoming Resources Resources expended Illovemont in fund¥ Unrestiictad fund8 General funds 365,933 1361.8881 4,045 Restrlcted fund$ Bursaries Children 8nd Youth Churej) Rèsloralion Project Major Building Project Pastoral Aid Funds Safehaven Ministries Ukraine Support 3.000 46,285 3,465 13S,345 29,000 5,040 835 14,4981 {49,7991 P5,1241 151,2011 {27.2991 17,6491 {17.0161 {1.498) {3,514) {21.659) 84,144 1.701 {2,609) {16.181) 222.970 1182,5861 40.384 TOTAL FUNDS 588,903 IYA.4741 44,429 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HASTINGS
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued)
14. MOVEMENT IN FUNDS (Continued)
Description of Restricted Funds
Bursaries - Bursaries to provide a financial contribution towards cost of attending Focus for children, youth and others who would not otherwise have been able to attend. Funded by anonymous donors.
Children and Youth - Funding towards the Children's ministry, Tots & Me, Youth work and school worker salaries, consumables, equipment and other costs. Funded by the Henry Smith Foundation, the Sequioa Trust, Little Lives, Hastings Borough Council Safer Hastings Partnership, Sussex Community Foundation and an anonymous donor.
Church Restoration Project - Funding towards major restoration works to the fabric of the Church building. Funded by the National Lottery Heritage Fund, the Friends of HTH and personal donations.
Equipment fund - Funding for purchase of equipment to support various projects including play equipment, sensory play equipment and youth activities. Funded by the Catherine Cookson Trust.
Major Building Project - Major building project for the development of HTH House. Funded by the Diocese of Chichester, The Chalk Cliff Trust, personal donations and an anonymous donor.
- Music, production and publicity funding towards salaries and other costs to support the promotion of HTH activities, engagement with the wider community and the music ministry of the church. Funded by an anonymous donor.
Pastoral Aid Fund -At discretion of Church Wardens. Funded by anonymous donors.
Safehaven Ministries - The Safehaven Men and Safehaven Women projects have been funded by The Chalk Cliff Trust (Fridge repair), The Friends of HTH (defibrillator for the benefit of all HTH visitors and staff), Hastings Borough Council Safer Hastings Partnership, The Magdalen and Lasher Trust, National Lotter Awards for All, Pett Women's Institute, the Sussex Community Foundation and personal donations.
Spear Centre -The Spear employability programme project has been funded by Resurgo, personal donations and an anonymous donor.
Ukrainian Sanctuary - The Ukrainian Sanctuary Cafe and support. Funded by the Jerusalem Trust, Hastings Voluntary Action, Love Ukraine, The Revitalisation Trust and personal donations.
15. RELATED PARTY DISCLOSURES
During the accounting period there were no related party transactions. (2023: £6,000).
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