REGIsfERED CHARrrY NUMBEL. 1173819
REPORT OF THE TRusfEES AND
FINANCIAL sfAT&IENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
SUSSEX AREA QUAKER MEETING
Lewis Brown1￿ (￿iCh￿r} Limited
Chartered AC￿)Untants
Appledram Barr6
Birdham Road
Chiche*er
West Sussex
P020 7EQ

SUSSEX EAsfAREA QUAKai MEETING
CONTEKfs OF THE FINANCIAL ￿ATEmE￿[S
FOR TrIE YEAR ENDED 31 DECEMBER 2024
Page
Report ofthe Tn&ees
I to 8
Indeper￿ent Examinerfs Rep￿t
Statement of Financlal Acovities
io
F•alan￿ s￿et
li
Notes to the Flnancial Statements
12 to 24
Detailed Ststemert of Flnandal A(*lvlties
25 to 26

SUSSEX EAST AREA QUAKER MEETING
REPORT OF THE TrusfEES
FOR THE YEAR ENDED 31 DE￿MBER 2024
The trustees pr*nt their reFQrt with the finatNial of the charity for the year ended 31 Derember 2024.
They have prepared this report and fInar￿al statemerts on an accTuals basTS in accordan￿ wftLh the Charities SORP and
FRS 102 using the template CC17 pub[￿hed by the th3ritses Ccffimission and wtth the 9Llldan￿ on rep)rting issued by
Quaker Life in Britain Yearly Meeting. This is a thange from 2022 and eartier years fcff which accounts were prepared on
a receipts and payments bass - an OFt•)n which ￿ds not available for 2023 because the tharivs gross incomJJ exceeded
£250,000. Although the threshold was mt exceeded in 2024 the tru#ees have d￿ded to cortinue with FRS accounting
in the* financial Stat￿ents.
Sussex East Area Quaker Meeting (SEAM) h35 Stntr 2019 been a iJartsble Incorported Organi5ation (ao) which
repla￿d the previous unincorpK)rated clEnty Sussex East ￿ea (&aker Meeting (Charity Number.. 1159181). Neither the
governan￿ nor the objetts or attivities of the charity chang&J.
In summaryf during 2024 all constituent parts of SEAM were broadly able to ￿detske the fdl range of wttness and
worship attivittes in line wrth the charitsbk Ob]￿ts as dixemgj as being appropriate by Meetings for Worship for
Church Affairs of the Area and the nine Local ￿tirtg* In FeLYuary 2024 the major aThJ disruptive redevebpment of
the Friends Meeting Hou* at LeKEs, wllch stsrted in ()lober 2022 was completed, enabling the building to become
fully usable by ILxal FrteThJs, tsnants and ￿ lool communty. MLKh of the addttf)nal intt)me accruing is being used to
pay off interest free loans made to the proj￿ by icrf21 Friends. Ha5tlngs Me&ing is als) DOW fully fvnctioning after the
flooding in 2023, athough some significant work is needed on the Meding House. Flood rnitl9atlon measures have
been put into place suffioent for the insurers to o)ntinue flcoy damage insulBn￿.
OBJECTIVES AND ACTivrrIES
Objectives and aims
South Easi Area Quaker Meeting (SEAM) is a charty established for the advan￿ment of religion and other charitsble
purwses such as derive from t*ar witness to the FXina￿eS aThJ prdCt￿ of ￿ Religious *£iety of Friends,
ccmnK)nly called Quaker
The prinapal actiwty is the a￿ang￿ert and h)Idlng of Meetlngs for Worshl) In the conslituent meetlngs of Bexhill,
EastLyJLrne, Ha￿IngS, Herstrnor￿eux, Lewes, Polegate. Rye, &aford aThJ Uckneld. To enable such worshipi SEAM
arranges for the Maintenan￿ and gcth order of the frdbric of the fve Meeting Houses fcr which it is resp)nsible, as well
as ancillary *Ivi￿ such heating, lightirKJ and deaning, i￿luding the wnployment of cleaners. These Meeting Houses
are at Bexhill, Eastbourne, Hastings, Herstm0￿euX and Lewes, It hires p￿miseS to enabk worship at Rye, Seaford and
Uckfield, and has free use of a mm at the Bernhard Baron Care Home (Polegate). In nornal times, most Meetings can
provide for children and young [￿PIe abngside apFKA'nt&l Meetings for Worship, and indeed Lewes Meeting holds
regular Sunday Meetings for its children and young people.
SEAM provides financial sUPPOrt to Friends in the area to enable them to attend Meet5ngs and to participate in
eduotional and other events organised by and for Quakers. It also prowdes financial support tn Friend5 to undertake
other artivities and to other organIsat￿n$ in accOrda￿e with the conviuic￿s of the Scciety and holds a speoal 'Pastoral
and Educational, fund to fir¥]n￿ ￿me of the*. Financial cl￿tribUtIOnS are made to Britsin Yearly Meeting of the
FieligiO￿￿ Sooety of FrEnds other Quaker and other tharities wfch purposes conxsnart with tho* of SEAM.
Public benefit
Our Meetings for Worship, physical or online, are open to the publ￿ and we do Th)t restritt acress to our falth or
ccmmunities. We make invitations to the putjic to participate in our silert worship tradits'on. When opwrtunities arise,
we reach out into our local ccfflmunities to inform memters of ts public ab)ut the nature of QuakerisTh and the
opwrtunities that it provides. The Meeting Hwses are usualty made available for publt ha￿ 9J that they may be used to
teneftt local community groups iKludlrYJ tho* ￿ ther faiths. Meets'ng House garden at Lewes is freely accessed by
the communty.
Page I

SUSSEX EAsfAREA QUAKER MEEtING
REPORT OF THE TRUSTEES
FOR IHE YEAR ENDED 31 DE￿NBER 2024
ACHXEVEMEKfs AND PERFORMANCE
Advancement of religion
During 2024, SEAM met for Meeting for Worslip for B￿"r*s5 on stx occasons, of which were held online, with four
meeting6 in Pery￿n at Eastboume MH, Lewes MH, Herstmonce￿￿ MH and S83ford Little Theatre to which a range of
between 25 - 38(average 32) Friends car￿.
In March, foSk)wing MMfB, a Study Session held on trE Pros and Cons of mergiro SEAM Trustees wth those of
another Area Meeting. This was led by Leslty R￿hardS who has been working with Wales, Scotland and Yorkshire on
their journey into tru&ee amaigamation to fom a single charty. In May, folkjwing a short MIWfB. a Study Day was held
on the subjett of Being a Quaker Communty: Finding Resilience. This Wds led by Lac￿1 Swancott from Woodbrooke. In
June, after MIWIB, a Worship Sharing ￿sion was held on the subj&t of Forgiveness and Connectedness while in
September, after MfWfB, attendees e￿ph)red the topic of Quak￿ Connettedness and Disconn&bon in Diversty in
workshop led by Ruth ALMlus ow Local Cevebpmert W0￿er.
Four very well-attended Elders Pa*oral FrieThJs meetings were heky on Zoom during 2024 as well as four SEAM
Team (for all AM role holders and LM c￿rks} m*tings. R￿jUlar reForts were present81 by our M￿tIng for Sufferings
Representative or Aiternate and a d*il&l report about the Future of E¥itish Quakerisn Conference, held in October at
Yarnfield Park in Staffordshire, ￿￿5 also ￿eSent￿l. Three Trienrual reprts from Local Meelings were written and read
out during MMfB, while three editions of the SEAM nÈwsl&terlrAagazine (&iet Ways We￿ prc4Juced wfch articles and
photcgraphs from willing cortTibutots on a wide vanety of topics.
In Septembw, our TARA for 2023 ￿eS weserted and ￿￿pted by ￿ea Meeting in Session at Seaford. At NoV￿ber'S
online MfWfB, suggeyions frcrn E￿*PFs, and venues offered by LM clwks at the SE4M Team mtrty'ng, for the 2025
SEAQM prcoramme, were discussed and a￿ptsd, The Journey in MemtErship leaflet was ￿vISed and printed during
the year. In DeceM1￿r, representstive5 kn SEAM attended a meeting at Brighton FMH e%ploring the PCs¥ibility of
creating a single reg￿)nal charty.
During 2024, four deaths were recorded. There W￿ fve trznsfers in and one Friend nTrJved away fr￿n the area. Stx
Friends wetE brought into Memtership and there was I resignation. Up to Decembw 2024, all the roles serving SE4M
were filled, with wide representation frorn acTos5 ￿5. The￿ were seven Tru*ees aTrJ Lms were well-represented on AM
Nominations. All necess3ry roles were also filled in LM4 wen the ynaller where, inevitably, there was some
doubling up by suppJrtive Friends.
Local Meeting wotship and witness
During 2024, all WBS well and thriving at the snaller Lms with Bexhill, Rye, Uclthield, Seaford, Pol8Jate and
Herthonceux ￿porting that their M￿ting5 continudl regukirly and successfully even rf, in 9)me cases, the numbers
were small on occasion beca￿* of illness cf ￿lIdaY
New atter<ters and enquirers have been v￿1CC￿￿ in m¢& n￿&ingS, laffje and gnal. and there were slx applications for
Membership.
The three larger Lms Eastbourne, Lewes aTrJ HastiTrJ5, akn ccrtinued to thrive with very good attendanTr at Mtw. After
10 years of planning and 14 months of renovatM)n worK Lewes Friends were finally able to worship properly in their
newty re-furbished M*ting House while Hastings FrieTrJ5 Kere Wk to Th)mial after suffering two floods dur(rwJ 2023.
Most of the xaffolding firnally came down at Eastt)oume FMPI, which was a relief to the Meetir¥J. Uckfield LM changed
their hired premise5 and settted well into their (warm) venue.
During the year, Rye spOn￿red Sustsinabilty Forwr6 at T￿lIng Green c(￿MUnty Centre and both Rye and Seaford
placed ads in Itxal publications. A Quaker w&iJding was joywsly hdd in Rye in Crtober but 5adty, Martin Wimbuth the
gr¢xm, passed away unexmedty in DecemLEr. His Wish for a ￿aker fiJrErJl was UP￿Id.
Most meetiTrJs hdd 'bring and share, ccffte nM)rnings or 1￿cheS and onjanised walks and study (or 'meeting for
learning,) sessiorfj, There have been art exlibttions, kJ)*y and music sessions, lunch-time drop-in *ssions (for
everyone, not just Quakers) aTrJ tslks given, induding The Stmcture of Quakerisn and how finan￿ work in Area
M&ting. MH gardens have been terKSed and new sigr6 put up by LMS to nake the Quaker connection clearer.
Fin311y, most Lms have been invol￿d with their local thurches Toge￿r. leading worship when it was their t￿n and
attending meetings.
Page 2

SUSSEX EAsf AREA QUAKER MEEtING
REPORT OF THE TRusfEES
FOR ThE YEAR EK)ED 31 DECEMBER 2024
ACHIEVEMEKfs AND PERFORMANCE
Financial support to Friends and good causes
Finanaal support totalling around £2,015 [2023: £1,173] has been provided to SEAM Friends to attend courses, events
for spiritual devdopmert. attend Meeting for Worship or the expen*s of office hddeTS. Where Friend5 have been
appointed (and supported) to attend events of wider intere* they have rewrted back at a suitsble opportunity.
Finanoal support to individual Friends of £800 was prowded (2023: £1,386). SEAM cont'nued to SUPPOrt the attendance
of young people at Quaker summer events for your¥J peorAe (2024: £880, 2023 £800). Donations of £3,500 (£3,600 in
2023) were made to Britsin Yearty MeetirKJi and other, mo&ly snall, donations of £561 (2023: £1,339} were mède to
other Quaker and nonQuaker ¢2uses for the advar￿r￿rt of QuakEr te5tirrK￿ie5.
Meeting Houses a￿1 rther woperties
The programme of quinquennial suNeys of the Me&ing HoU￿S and other properties contillLES. Trustees h3ve worked
with Local Meeting Friends and premises ojmmtttees to undertake knDrks necessary for the maintenance of the frdbric of
the properties identffied by the suNeys and other mear6. Rfftdial work on the roofs at Eastboume Friends Meeting
House has b*n completed. although fijrtkr signrficant work may be needed on the ftdbric of that buikJin9 and insulation
of the flat. Folk)wing storm-drain ftoding at Ha*rMJs Meeting Hou* in February and ￿tober 2023, further works
CC6ting around £20.OCQ have been Identsr￿d as being needed and thould be undertaken during 2025. remedlal
Wo￿￿ have LEen required on the rentsl properties in the HpJstmorThJx Estate. S)me substantial works will need to be
carried out at Friends Cctkge when the te(onLry chang
By far the largest activlty in the W few years has been the project to improve the ￿cessibl1ty, su*ainabilJty and
usability of Lewes Friends M*ting House, including the remediation of signifKant struttural and damp issues in this
listed building. Work on site started in Autumn 2022 and was coryileted, Subj￿ to minor ￿gging, in February 2024.
The core of the development has provided a new e￿OSed passage-way running most of the length of the rear of the
building 50 as to provide covered level Kcess to all parts of the ground fl(J)r from an attrdctive new entsznce lobby. This
has involved rtrsting of toilets and d￿n01r(lon of a sm?111970's extension no longer ft for purpose. The rooms were
-ordered ￿ as to double (to four) the numkr of rcoms Wdilable use by Quakers and the local community as well
as mcXYerni￿ng the assoaated kitchen facilitie& Scme ￿-￿delling and ￿Und-prOOfing of the first floJr flat was also
undertaken as well as providing it with its own external ertJan￿. As of Quakers, wttness to improving
environmentsl sustainabilty, the works Invclved mary ￿t￿n$ to improve the buildiro's enwronmentsl foot-prin¢
including ￿reful ￿￿rCIng of materials, tke installatit)n of an air-S(yxced heat-pump a￿[ insUlat￿n measures. Overall
c(%ts were around £TrO,000 net of VAT reLlaimed through the tisted F1aces of Worthip grart These were
inflated by additional unforeseen essential w￿5 b&'ng needed, notrbw to ur¥Jerpn a wall that tilted desplte the
assurdnce of the projett *rurturBI engin&r, F4us cost infiatK)n. The prci)lerrs ermunterej al￿ delayed the completw)n
of the works from September 2023 to FeÈ(uary 2024.
Taking accourt of all ￿urCeS of ino)me, the projett was fijlly funded. Sources of finance induded SEAN reserves, a
couple of legaaes and grants and donations receNed from across the country (and beyond) following an exten9ve
fund-raisin9 campaigft (at minimal cost), F4us £65,000 of interest-free loan5 from some local Quakers. of these
remain to be paid off, which will be done mainly from the cc4nmeraal letting of the flat at Lewes (custon13rity occupied
by Resident Friends) arnl a toEFslice of rconFhire incorre, whlch is antscipated should be ad)ieved by Easter 2028. The
ProkEfty Fund wi15 need to provide ￿rne brldging fIr¥an￿ of up to £20,000 from time to ttrne during this period.
Sustsinability
During 2024, the Su&ainable Uving F(*um {sP)n￿red by LM) continLEd to meet at Tilling Green c{￿nmUnIty Centre
in Rye, exploring issues of dwnate change, protests, the vtal nature of su*ainaL¥lty as well as other environmentsl
con￿rn5.
Local MeetirrfJ5 Mth MeetiTvJ PkJu5e5 continue to find way5 of [￿￿ng thew carbon fcwrirrt by ugng Fair Trade for
refreshments and the use of emlogTc21 deaning produLts g)me Lms a￿ utilisng guidance from the Quaker Ecochurch
and appwing this to thar meetings. IndNidually, FriebTrts continue to adjust their own libestyies to live in a more
sustainable manner a5 well as keeping in touch via 9)oal medo groups with all that is happening nationalty and the
need to INe sustsinably.
Employees
Trustees continue to oversee the condtttons for all SEAM employees to ensure legal and ethiol complian￿. Ai "the en
of 2024 SEAM had tsvo employees at Lewes plus one wnployee each at Easttx)ume, Hastings, Herstmontsux ano Lewes.
The wstlon of chlldreng worker at LeKES was terminat￿1 earty in 2025 whilst a (remis￿ admini#rator at Le￿ was
engaged from April 2025. To ease the burden on kM21 rneetin9s, tru*ees continue to engage Ha*ings Voluntsry Action
to assst wth payroll oFoations induding rep)rting to HMRQ The employ￿ temis and coThJitions are kept under
regular review to ensure that SEAM remain5 an ethirdl empl¢ryer.
Page 3

SUSSEX EAST AREA QUAKER MEEfING
REPORT OF ThE TrusfEES
FOR ThE YEAR ENDED 31 DE(EMBER 2024
ACHIEVEMEMfs AND PERFORMANCE
Volunteers
The succe55fiJl 0￿ratIOn of SEAM dependg on Friends gMr¥J fr￿lY of their time. It would be an imp￿ttl￿1 burden to
formally record the time as this wjuld ￿￿1[e the volunteers g￿ing even n￿e time. Howev￿, tb.e number of hours
given in the cour* of a year is considerable. SEAM a￿1 its ¢(￿st[￿ert Lrx31 Meetings are run with the support of
numerous unpaid Offi￿r5 induding derks, t￿lSUrerS, as9siant treasurers, collp£tors, elders, overseers, trustees,
delegates, comFTittee members. newsletter and websts 8Yrtors hosptsi and prison visitors and chaplains, catsrer5 etc.
In addition, Quakers provide SUPP¢Xt through their partKipats)n #i Meetings for Worship for Business.
FINANCIAL REVIEW
Financial out-tlrn and going conwn
The A￿ Meeting Treagjrer has managed the ￿CoUnts p￿￿ertty and kept the trust*s updated with the state of
SEAM'S finances. The finanoal statements for 2024 have. as fLY 2023, been prepared on an accruals basts rather than
retripts and payments as in previous years, even though in 2024 (as op[￿d to 2023) this is not a legal requirement.
Th15 is ￿caUse the trustees conduded that wertSng to recapts and pa￿nents KDuld be too burdensome.
Wrth fundraising for the Le￿eS proiett largdy firished by the erkj of 2023, SEAM'S income fell significantly in 2024 to
some £167,300, of which £32,400 was ts the project fund, moty VAT r￿aIrn from the Listed Places of Worship grant
scheme, and income from lettrng the )lat, supplemerted by ￿naIler grants and donatior6. SW alw rereived £20,360
from ts insurers to cover ￿me of the darr13ge incurred during 2023 from the fl£))ding at Ha*ings Friends Meeting
House. Turiing to roijtine ir£ome, the main srIw￿ of irKome f¢y actNtties ottrEr than the Lewes devdopment project
totalled some £134,900, maIr￿Y compristng donatDns frcrfn Friends, including gift-aid daimed, (£49,300), income from
the hlring of rooms to communty groups (£30,7Cx)) and rentsl inccthe from resklential properfues (Èxcept Lewes flat),
and InC￿e frcffl investments and bank interest (£43,400 le5S CC6ts of ￿lme £8,400). The £134,900 was a ggnificant
increase on the equivalert figure for rKJn*roject income in 2023 of around £105,0(￿, explained by rooms at Hastings
and Lewes Meeting Hou* b&oming more available for communty hire and increased donations by Friends. In addition
to ir£reased I￿orne SEAM also benefited by the fdlLE of ts finanoal investments incr63siryJ by ￿me £5,250.
The expenditure gde of the 4uation was still dominated lry £￿2,C1)0 spent on the Lewes proiètt (less than the
£620,000 spEnt in 2023 and £130,C(JO in 2022) irrtuding a loan repayment Non-project rdated expenditu￿ fefi from
around £176,CQO in 2023 to around £125,000. The fall ￿￿s rr￿[n[Y due to expenditu￿ on the repairs and malntenance of
Meeting Houses (cther than HerstrnoncÉxu) more than halving (to around £30,000) mostly ￿lated to roofing work at
E3stt¥)Lrne, plus flat remediation works at Hasbngs (mostfy paid in 2023) and extemal paintirvJ at Lewes. Other
expenditure lines tend￿1 to inuease. IThJeased MaIrtenan￿ exFenses were irKurred rdating to properties in the
He15tmorKeux Estste whKh, along wth rentsl wopeity management and cleaning exkEnses totalled some £24 000
(£16,400 in 2023) The ccsts of Friends, expenses uTrJertaking a wide range of Quakedy artiwties induding
Conferen￿$, course5, events (for adults and young t*ople). outreath, comunications, library, cleaning and catsring
came to around £50,200. Addit,¢fjal￿, expenditure Ir￿rred on In￿￿nCe (£10,600) and utilities (£15,300) increased
whilst the £4,700 spent hiring venues for Meetings with)ut their own premSses was lower than that for 2023 (Around
£8,C(lJ) as Lewes MeetiThJ had to hire premises durirrfj 2023 whil* building works w¥e tsknng platr.
Taking all these chaThJes together, in 2024 was an excess of p•ItU￿ over income. of over £41,000, compared
with £484,OQ) in 2023. As the Lewes pro]￿ spend exceedej Ir￿orne ty around £50,OC(S, the other funds of the charity
recorded a gnall Surplus of ￿rne £IO,(KIO, bef(Ke tskn.ng into account an in¢Jease of £5.250 in the value of financial
invethents and £30,000 reduction in the value of investment propwtie& However, if the £20￿60 received from the
insurers relab'ng to expenditure mosty irthrred in 2023 b tsken into account, the uTrJertying postiion was one of a small
loss.
The headline results for the year 2024 (aThJ 2023) can be pre*nt&d a5 fd10￿s
Surplu5/(deficfc) of i￿ome over &Ypenditure
Gains/(losses) on invethent revaluations and sales
Total increase / (decrease) in funds
Total futKls at 31 CecemtRr (ejcl pro￿rty values)
Insured value of properties
Estimated market value of proLEfoes
2024
(£41,235)
(£24,750)
(£65,985)
£409,945
£9,007,686
£3.195,000
2023
(£484,056)
£12,753
(£471,303)
£445,930
£8,412,027
£3.225,OCK)
dge4

SUSSEX EAST AREA IWAKER MEEfING
REPORT QF IHE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
LcM)kFThJ forward, around £70,0￿ will be I￿￿￿ed during 2025 on dec0ratic￿lren￿dIal works & Hastings FrieThJs Meeting
House and ￿ rented fiats at Easlboume Friends Meeting House arKJ Friends Cottrage next to HetstmonceLX Friends
Meeting Pbuse. Running co&s, induJir¥J repair5 and rna1ntenan￿ a￿ expected to creep upwards in 2025 and 2026.
Coupled wrth continuing increase5 in other runnirg costs, this CCMJld see reserves frJllin9 to around £360,000, which is
sb"Il sufficient to cover any antictpated risks a￿1 exceed the Trustees, minimum re*￿e figure, see secbon on reserves
below. There is Th) reason cU￿endY to exp￿ a significant overall defiiit in 2026 50 long as I￿reaseS in income keep
pace with increa*J running co&& In partrular, the outstarKling1&3ns relating to the Lewes development project fund
will have been muth reduced by the hea￿hY stream of propety-re1a￿j InC￿e that Is expect&J to be rece(ved by that
fund. The T￿￿teeS are therefore confidert that SEAM wdl Contin￿ to be a 9)ing contrrn to the end of 2026.
At 31.12.24 the assets of SEAM constituted:
Four Frierkjs Me&ing HOU￿ held to enable Quaker Wo￿lP and other attNities of FrieThJs and the l¢xal
cc(nmunty, tKs of which, at Hastings and L￿*￿S, are pemianent endowments (Note 18)
A Friends Meeting House and thr￿ residential properties in Herstr￿n￿uX (the Her$trnon￿uX Estate), wh￿h
consbtute a permanent endowment (Note 18). Inccffie generated by the HerthorKeux Estste, less expenses, is
held as a designated reserve to cover future co*s of maintsining this Endowment. with any surplus beyond what
is needed for this purpose being transferred to generdl reserve5. The prnCti￿ has in the past been to treat the
Estate's inccffte and ex￿nditU￿ as being a restrK*& part of the end(Mmert. To rerrTredy this, the
categorisation in the accounts of the bank balarKe(s) accurNlated on behalf of tk Eg(ate were transferred from
permanent endowment to designat8d as on 31.12.2024. From that date income and eypenditure relating to the
E¥(ate is being (2tegorised as despjnated.
A restrit&d fund represertiThJ a beq￿t from ma￿lce Burge for the benefft of child￿n and young p￿pIe at
Lewe5 Meeting.
In addfcion during 2023 there was a restricbj fund repr￿nting donations and grants for the Lewes Meeting
House devel¢Jpmen¢ which was exhau*d by the end of that financkil year.
Current assets (financial investments and cash) held as unrestricted reseJves to support the fijture delNery of the
purFCJses of SEAM across 13 designated fijnd
Investments
sin￿ 2019 the financial invethent Fortfolio has ken orderaj so as to comply with the ￿ViSed *atement of investment
poliq approved by SEAM which seeks to avoid inve#ment in compaNes involv&J in fossil fuel extrathon or distribution,
aloroside other longer e*blithed ethical CritW￿ aThJ tIE need ts a prudent ir£ome to supwrt the objetts of the
charty. The perfornia￿e of the investrnents is cover&J in the financial review above. Invesbnent income is also
obtained from letting five residenttal propertEs whtth continue to generdte a reasonably heakhy income (subjett to
continuing Maintenan￿ needs gaps btheen tenanaes) as well a5 contribub'ro to the availabilty of relatively
affordable housing in the kncal communty.
Reserves pollcy
SEAM Trustees agreed a revised policy at ￿1r meeting on 19 June 2024. Ths moved from previous prattice of
single targ& figures in the previous policy, *t out in t￿ Trustees Annual Rewrt and Accounts for 2022, to ranges
covering the Herstmorreux Estate aThJ un￿ritted fund& The can now be ￿MMariA as follows:
For Herstm0r￿l￿< Estate, aiming for a bank balan￿ lyirKJ between £55,IXIJ and £94,QOO, representing 240h
of the insured value of the properties Con￿rned (£39,000 to £78,OCK)) to cover Fotential fu￿re maintenance
needs, plus an alknwan￿ to cover six rnont￿ loss of rertal 1￿cthe (£16,000).
For the oth￿, predominanuy unrestrirted, fiJnds, aiming for a99￿ate current assets and investments lyng
bet￿n £142,￿0 and £283,000, rewesenting 24010 of the ingjred value of the properties co￿erned to cov
potential future maintenance needs, plus other al1ovffjn￿ totslling £131,Crf)O, to cover identified rtsks such as
loss in the value of inve5tsnents, loss of I￿Ome and uneven mn-propety maintenatKe related cashflow giving a
range of £271414,000. Within the* ftgures a deSig￿]ted reserve is also maintained to help support pastoral
and eduLztional needs of iocal FrieThJ
At the end of 2024 ￿ t43lance of tl* Her*Mon￿￿X Estate (£77,fKJO} and the generdl funds of £331,000 fell
¢￿)fortablY within the prexTibeJ ranges. The p)stson in future years ha5 alreaty LEen considered under 'going
Con￿rn,.
Page 5

SUSSEX EAsf AREA QUAKER MEEtING
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FUTURE PLANS
It is intended that SEAM and its a￿stituent Lc(al m￿TrIjS will o)ntinue to provide Op￿rtunItIeS to participats in
w0￿h[p in accordan￿ wf(h the Quaker tradiknon and undertake artwitses to devdop and promota
the witness of rts
members and attender> Hence considerdble emphasis 6 placed on enabliro th￿1 and their chilfjren to partjcipaie in
approprlate educattonal and trainirMJ events and Conferen￿ across the (xjunty and beyond, even if this results in
increased expenditure.
••
This rewrt has already referred to the exciting new developrrEnt for enha￿Ing the sustsinabilty, community value and
accessibility of Lewes Friends MeetiThJ House, in a way that 15 consistent grade 2 listay ststus, ircorporating also
drious remedial w(xk5. Thi5 project came to frutbon In ￿rIY 2024 and the improved prwni*s are already contributing
to the life of lo￿1 Friends and the wider communty, as wdl a5 substsntially increasing income. The final 2.5010 retention
payment in 2025 constitutes a contingent liabilty on SEAN.
The r&rcofing of E3Stboume ￿eting Pknuse was ¢C￿pleted during 2024 although there rdnains concern about
dampness ar￿ the integrty of the brickwoth. Further ￿r￿ is planned during 2025 to remety issue5 identified wrfth
Hastings Friends Me&ng House followng the two major inodents of rain-￿dter fun-off flc*)ding during 2023. Ssgnrficant
remedial work will be requiraJ at ofE the rental propertie5 in the He￿O￿eUK ￿te (Friends Cottage). A quinquennial
survey of Bexhill Friends Meetir¥J HO￿ in eaty 2024 identified httle in the ￿Y of neCeS￿ry remèJiatFons.
srRucfuR4 GOVERNAN￿ AND MANAGEMEKr
GoVern1￿j documert
From the start of 2019 SEAM beCa￿e a tharitsb￿ Ir￿rated Organisation [nUM￿r 1173819), with a goveming
dLxument dated 15 January 2017. Previousty, SEAN was wnstrtuted by a governing d(￿Ument adopted on 12 January
2008 and amended on 10 July 2010 registerèj as an unincojprted charity by the Charty Commission (number
1159181) on 12 November 2014. The consb'tution had further amended and darified by a Charty Ccmmisgon
scheme dat&i 13 October 2016.
The main eff&t of the 9Nitch to CLO ststus to limit the Itability of the trustees
and enable the charty to hold assets in its ¢)wn name.
SEAM is administered and mana￿1 in acCOrdar￿ wtth the governing Oxumert The members of SEAM are all those
perg)ns whose names are, for the time being, r￿rded in the offioal register maintained in accordance wtth Quaker
Faith and Practi￿. In additson to the memters, attenders ￿)￿dpate in Meetings for WO￿lp ardj other attimbes.
Decislon makJn9 ulknmately lies wtth SEAN in WOFerty constititsd Meeti￿$ WLYship fcr Business which are cU￿ertJY
held at least six times a year in aCcorda￿e w]th the Quaker business rn*￿d. All members of SEAM may attend and
partidpats in these meeb'ngs - attenders may be penywtted to ob5eNe. SEAM appoints tru*ees who, under charty law,
have the primary duty of ensuring that fir￿n￿S and ass&s are Fffoperty usej and safeguarded and that rpsks are
managed. Other committes of SEAM. to which ￿rne autknrity is delegatsy, oJnpri* cCfflm￿ee$ ftjr eldership and
pastoral Ca￿ (lo)kirKJ after the spiritual and pastffil ne￿15 of member5 and atteThje￿ at our Meetings) and Nominations
Committee (representstives of consbtuert ￿ets'ngS who diKem and suggest Friends for appointment within kea
Meeting).
Trustees are appolrteJ ty SEAM folbwing nThnination ty the knlnati(￿S Corwnitt*. N￿Y appointed tnJSt￿S are
indutted by refe￿n￿ to the trusteeg terms of referer￿, proviston of past mlnutes, and sUPPOrt by experienced
trustees. Training opptjtunities, reference matetkils and on-line ￿e￿IUr￿ are made available nationally by the
Religio￿ Sooety of Friends. Tru*ees met six times durirvJ 2024.
The constituent Lotsl Meetings of Bexhli I, Eayboume, Ha&tngs, Hers1rno￿e￿<, Lewes. Polegate, Rye, Seaford and
Uckfield have a certain amourt of autorwiy including day to tsy care of meebng houses and manageM￿lt of their
financial affairs. Their activitres are Support￿ and SUFeNised by the trust￿, other officers of the area meeting, and
by the area meeting ifsdf. MemorBnda of understanding, Last mEed in 2019, sP￿]fy how Local Meetings and their
role-holders &xerase their dekgated hUt￿rIty.
SEAM sends a retxesentstNe to Meetings for Sufferings, the Sta￿li￿j governing iJ)dy of 8ritsin Yearly Meeting betw*n
(the annual) Britsin Yearty Meeting (BYN). BYM in sesston is open to all Friends in the country and has ulb'mate
authorty for church affairs for Quakers in Brttain, tthfore ils d￿SlOn5 ￿ve significance for SEAM. fi provides supFort
and res)urces to SEAM to assist wth its adrr￿nlSttstiOn arn1 rrkinagem￿l The affairs of SEAM are govem&d by ts
publication Quaker Faith and Practi￿. Fri￿)dS Tru#s ojntinues to att as r4xninee f(x the properties belonging
to SFAM.
The SEAM treasuring team helps Lcral Meetings to comply with th￿r obligation5, not leasi by running a central
accounting system (Paxton) whid) centralises the trok-keeping a￿1 in tum redu￿ burdens on Local Meebngs and
fati1￿ateS preparatDn of SEAM statutory accourt5 Within gattrtory INne-￿ales. The Team al￿ *eks to ensure that
there a￿ seoJre and effecti￿ finanoal w¢xedures thrOw1K)￿ SE4N.
Page 6

SUSSEX EAsf AREA QUAKER MEETING
REPORT OF TrIE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
srRucfuR¢ GOVERNAN￿ AND MANAGEMENT
Risk management
The tru*ees have revie￿ the risks relevart to SEAM on a regular basis. Tlw have established a s￿ategiC risk regi*er
to ftolrtate the management of the ri*, whith is regulaFty reviewed by the Trustees. . Irlsuran￿ ttas been maintsined
to mitigate the w55ible cor6equen￿S of risks and the cover provided ￿S Iken kept under review to ensure its
adequacy. The nine most serious ri*s idenbfied and 0Very￿ by trustees are currently seen as being:
Health and safety and covid-19: Safety, Inc1￿￿[￿j fire safety, checks are routinely undertaken at all our
Meeting Houses. Special measures were tsken to mty3te covid.
SafeguardirrfJ: Ail meetings are eXp￿d to obme the SEAM Safèjuarrfing Policy (which is kept under
continual review) and to prowde an annual reFort to trustees prowding inforMat￿n about the presentr or
absence of children and vulnerable adults at ￿ting5, and ￿Orting on confttmity to the policy and pro￿dure$.
Employment: This is trntrdlly managed to avoid legal or ￿pUtattonal risks materialisirNJ.
Preventing property damage or deteriordtion: In addit*)n to insurin9 the buildings. these risks are
managed through quinquennial surveys and olther VigiLar￿ including annual reFQrts from each Meeting Mrith its
own premiw. Substsntial reserves are provided against potenty'ally htgh costs of renovating our buildings
some of which are historK.
Meeting premises urtsuitsWe for enabling or promotiThJ Quaker worship. A￿eSsIbIlty issues have been
addre￿ed, in the case of Le￿ through improvem&t proj&L The suitsbitity and visibilty of MeetiThJ venues
are kept under review.
Control of the expenditures, r￿tablY t￿ Lewes development project: Pr(￿dureS are in pla￿ to ensure
that payments are made only when Justtfied and autfK)nsed, at fair value, atsj the* were adapted to provide
add￿l'onal control t)ver ￿ propriety and othflow of the development proiLYL
Investments: There is alwtys a risk that market nyjvements cause substantial loss of value that cannot te
recover8J Lefore investments need to be sold to sU￿rt the work of the charty, which we mitrgate, by wde
diversification of asset allocation, cashflow FAanning and re*rving against Stgnificant loss.
Loss of major income souro: SEAM finarw deFend largely on don*'ons, rwrn-hi￿ and propety rental
income, the last ￿ of which are partrularty vulnerable to extsrrol Inte￿Upb'￿ as the pandaxic has shown,
requiring SEAM'S cashfknw re*Ne to be hdd at 12 monthg eKpendittJre.
Fllling key positions: This is a perennial challen9e, given a member*tip that has been slowly dedining. SUM
nominations commttee M￿gate this risk through ptsnning well in advan￿ of neej. TrLStees are involved in
longer term thinking as to trM)w the demands of running a charity can be met mcre efficiently.
Inadequate resporne to the dimate emergency: See section above on sustsinabilty.
REFERENCE AND ADMINISTRATIVE DEfAILS
Registered Charity number
1173819
Prinapal addres5
Frlends Meetrng Hou
Frhars Walk
Lewes
East Sus
BN7 2LE
Trustees
John Aslxrofc (released 31.12.2024
Anthony Biggin
Patricia Cockrell (rdeased 31.3.2024)
Alex Francis
Katherine Gibb5 (appjinted CP3.3.2025)
Aileen Gri* (appointed 11.5.2024)
Sonia Relf (appointed Oi.1.2024)
Patricia Sear (apwirted 01.1.2024)
Wendy Taylor (releas￿1 31.12.2024)
Alan We* (apiK)inted 16.11.2024)
Page 7

SUSSEX EAsf AREA QUAl￿R MEEfING
REPORT OF ThE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
offi￿rS during 2024
Area MeetiTrJ Clerk: Sally Avi55
Membership aerk: Peter Bolwdl
Clerk of Tru*ees: Patriaa C(Kknell (until 31.03.2024) PatrKia Sear (from 01.04.2024)
Treasurer.. John Ashcroft
Assistant Treasurers: Alex Francis and Tim Reynclds
IrKlependent Examiner
Sarah Alexander FCCA FC4
Lewis Brownlee (￿iChester) iimited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
P020 7EQ
Properts* NomI￿e
Frtends Trusts Ltd, 173-177 E￿￿on Road, London, NWI 28J. (Registered tharty No. 237698)
Bankers
CAF Bank Ltd, 25 Kings Hlll Avenue, Kings Hill, West Mallingi Kent ME19 4JQ
Ccoperative Banl PO Box 101, l Ballcon Stre¢ Manchester, M60 4
NatWe5t BanK 49 High Stre< Uckfield, East Sussex TN22 IAN
Santsnder UK PLC, 124-126 Terminus Road, EathurrÉ, East Sussex BN213AJ
Trlodos Bank NV, Brunel House, I l The PrcKnenade, Brtstol, BS8 3NN
Approved by order of the b￿rd of tru*ees on ...............
2>QS
. and &gned on ts tehalf by..
Ms P Sear - Trustee
Page 8

INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF
SUSSEX EAsf AREA QUAKER MEEfiNG
Independert examinees report to the trustees of Sussex East Area Quaker Meeting
I report to the charty tThLStees on my examination of the accounts of SusseK Ea* Area (Jkiker Meeting (the Trust) ftjr
the year ended 31 D&ember 2024.
Responsibilities and basis of report
As the charity trustees of the Tnst you are re¥)orsiUe for the preparation of the accounts in accordance wtth the
requirements of tho Charities Act 2011 (Ihe ACV).
I reFDrt in resrett of my examination of the Tnjsts accounts onied out under &ttion 145 of the Att and in carrying out
my P￿MInation I have follow8J all applicable t)irections given by the Commisgon under Secknon 145(5)(b) of the
Att,
IrKlependent examin*s statement
I have completed my examinatton. I confirm that no material matters have ccffje to my attention in connection with the
examination giving me cause to believe that in any matenal ￿5p￿t.
accounting records were not kept in re5pett of thÈ Trust as requred by *tion 130 of the Att,. or
the accounts do rn)t accord with those reccKds' or
the accounts do not ccfnply ￿￿th the applicable requirenents 0)n￿rr￿r￿J the form and content of accounts *t
out in the CharTtE5 (Accounts and Rewrts) RegulatiC￿S 2008 other than any requir&nent that the accounts give
a true and fair Mew which 15 not a matter con5ider& as part of an independent examination.
I have no concerns and have come across w cther mkn in ¢￿ni￿￿￿)n w￿h the examinatton to which attention
should drawn in this report in order to enable a proper under*nding of the accounts to be reach&S.
Sarah Alexander FCCA FCA
Lewis Brownlee (thlchester) ￿M[ted
Chartered Accountants
Appledram Barn5
Birdham Road
Chichester
West Sussex
P020 7EQ
Iq.q.
Page 9

SUSSEX EAsf AREA QUAl￿R MEEfiNG
srATEMENT FINANCIAL AcnvmES
FOR THE YEAR ENDED 31 DE(EMBER 2024
Unrestricted Restrict￿ End<Jwn*nt
fiind5
funds
2024
Total
fLmds
2023
Total
funds
INCOME AND ENDOWMEMrs
FROM
Donatsons and legacies
Charitsble artivities
Quaker Attivtties
67,782
67,782
237,399
30￿02
30,862
14,195
Invesknert income
Other income
30,954
20
28,282
59,236
46,197
Total
149 958
178 240
314 951
EXPENDrruRE ON
Raising funds
5,978
12,382
7,695
Charitable activities
Quaker Activities
103,641
1,082
19,947
124,670
150,056
her
li
Total
192
219 475
799 007
Net gains on inve*ments
5.250
5,250
NEr
INCOMEI(EXPENDrruRE)
Transfers between funds
Other recognised
gainsl(105ses)
Gainsl(losses) on revaluatton of
fixed assets
(37,200)
78,050
21
(¥082)
2,297
(78,050)
(35,985)
(471,303)
30 000)
Net movement in funds
40050
(¥082) (105,753)
(65,985)
(471,303)
RECONCIUATION OF FUNDS
Total funds brought forward
1,317,449
1728
2,350,753
3,670,930
4,142,233
TOTAL FUNDS CARRIED
FORWARD
1 358 299
3 604 945
3 670 930
The nrtes ftjm part of these finarKial statements
Page 10

SUSSEX EAsf AREA QUAI(ER mE￿ING
BALAN￿ SHE
31 DE￿MBER 2024
Unrestricted RestricteAI Endowment
funds
fvnd5
funds
2024
Total
funds
2022
Total
funds
FIXED ASSETS
Tangible assets
Investhent proFety
14
15
950,000
1,600,000
645 000
2,550,000
2,550,000
675 000
950,000
2,245,000
3,195,000
3,225,000
CURREKf ASSErs
Debtors
Investrnents
Cash at bank
16
17
9,922
105.987
359 756
9,922
105,987
361
02
35,959
100,737
386 742
475,665
1,646
477,311
523,438
CREDrroRS
Amounts falling due wlthin one
year
18
(18,366)
(18,366)
{20,508)
NEf CURRENf ASSErs
458 945
502 930
TOTAL ASSEfs LESS
CURREKf UABILrrIES
1,407,299
1,646
1245,000
3,653,945
3,727,930
CREDrn)RS
Amounts falling due after rrore
than one year
19
(49,000)
(49,000)
(57,OC(I}
NET ASSETS
1 358 299
2 245 000
3 604 945
3 670 930
FUNDS
Unrestrictsj funds
Restricted fund5
Endowment funds
21
1,358,299
1,646
2 245 000
1,317,449
2,728
2 350 753
TOTAL FUNDS
3,604 945
3,670,930
The finandal statements were apprmj by the Board of Trust￿ and authorised for issue on
..1.3.A
sk..ZtslS...... and were ggned on Its tehalf ty:
P Sear - TrLSt
A West. Trustee
The notes f￿rn part of these finarKial statfftnts
Page 11

SUSSEX EAS[ ARFA QUAKER MEEm4G
NOTES TO THE FINANCtAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACcOUN￿NG POUCIES
Basts of preparing the finanaal statements
The finanaal stat￿ents of t￿ chanty, which is a publ￿ tenefrt entity under FRS 102, have been p￿pared in
accordan￿ wtth the Charrtie5 SORP (FRS 102) Accounting and Rewrting by Charities". Statement of
Recommend&1 Prattl￿ applicable to cF¥3rtbes preparing their accounts in accordan￿ w(th the Financial
Rerx)rting str￿jard aF¥)licable in the UK and Reputlic of Ireland (FRS 102) (effettive l January 2019),, financial
Reporting Stsndard 102 The Financial ReportirNJ Stsndard applicable in the UK and Republic of I￿land, and the
Charities Att 2011. The financial statements hève been prepar&d ￿der the hi&orical cost cOnvent￿n, as
modrfied ty the revBluakn of ￿rtain assets.
The finanaal ststements are prepared in sterling. which is the fijnctional currency of the charity. Monetsry
amounts in these financial statements are rounded to the nearest pound.
Financlal reporting sta￿ard 102- reduced disdosure exemption5
The charty has tsken advantage of folbwing disdogjre exempts'on in pre￿rIng t￿se finanaal *atements,
as permitt&J by FRS 102 The Hnarual Reporting &andard applicable in tIE UK and Republic of Ireland,:
the requirements of Sethon 7 Statement of Cash Flow5.
Income
All income is rwni*d in the Statement of Finanaal Actsvities charity has entityement to the funds, it is
probable that the income will be r&efved and the amount can be Mea￿r&I reliably.
Expenditwe
Liabilitie5 are r￿QgniSed as expendtture as as there is a leg¥ or construttive obligab'on committing the
charty to that expendf(ure, it is probable thit a trdnsfer of economic benefits will be required in settlement and
the amount of the obligation 13n be measured rdiably. Expenditure is account&d for on an accruals basis and has
been classifiej under headings that aggregate all cost related to the category. Where costs cannot be directly
attritNJted to partic￿ar headings they have teen allcrated to a(*Miies on a tosis consistent the use of
re￿U￿s.
Grants offered subject to conditions wlmth have Tr)t been met at the year eThJ date are noted as a cornmitrnent
but not accrued as expenditure.
Tangible fixed assets
Non-propety fixed assets would initially be r￿n[S￿l at cost and subsequently measured at cost or valLkation,
net of depreciatkjn and any impairnent losses. ProFerties are held at valuatton.
Investment property
Invethent prupety is s￿￿n at rrost re￿nt valuation. Any aggregate surplus or deficit arising fn)m charoes in
fair value is rtfC9nised in the &atement of FI￿3n0a1 ActiMtie*
Taxation
The charity is exempt frcrn tax on its charitatrfe actNities.
Fund accounti
Unrestricw funds can be used in ￿dan￿ with the charTtable obJ"eciives at the dixretion of the tnJstee5.
Restritted fvnds can 0￿Y te used for partKular rthitted purwse5 ￿thin the objects of the charity. Restrittions
ar& when speofied by the donor funds are rased for partiCLAar rethtted purFoses.
Further e)planation of the nature and purpose of each fijnd is i￿luded in the Th)tes to the firkinoal statem￿t￿
Page 12
continued...

SUSSEX EAsf AREA QUAKER MEETING
NOTES TO THE FINANCIAL STATEME￿rs . c4Jntinued
FOR THE YEAR ENDED 31 DE￿BER 2024
DONATIONS AND LEGACIES
2024
2023
Dornations
Gift aid
Grants
50,109
7,367
60,850
J2,908
237 399
Grants recejved, induded in the at¥)ve, are as follows:
2024
2023
Listed Places of Worship Grant &hane
Other grants
8,306
100,626
INVEsfMENf INCOME
2024
2023
Rents rereived
Deposft account interest
Dividend income
54,924
3,004
39,187
5,409
59.236
INCOME FROM CHARITABLE AcrivrrIES
hire
Appeals and sales
Other
Activity
Quaker Artiv￿e$
Quaker Attwities
Quaker Activrties
2024
2023
30,632
180
50
13,081
1,114
30
OTHER INCOME
2024
2023
Insurance monies
Page 13
continued...

SUSSEX EAsfAREA QUAKER MEEfING
NOTES TO THE FINANCTAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
RAISING FUNDS
Imiestment rnar￿gernent costs
2024
2023
Investment advre
Investment propety costs
870
11,512
120
7,575
CHARITABLE AcfIvTfIES cosrs
Grant
funding of
Dirert
activities
Support
Costs (see (see note costs (see
note 8)
9)
note 10)
Totsls
Quaker AttNitTes
105 399
124 670
DIREcf COSTS OF CHARITABLE ACtIvmES
2024
2023
Staff costs
Insurance
Light aTrJ heat
Repairs arkl maintenance
Chikjren yourKJ people
Materials and equipment
Hall hire
Quaker support
Outreach
Cleaning
Other premiw costs
11,527
10,759
15,415
42,684
460
10,474
4,876
3,049
4,456
1,699
7,515
9,626
15,685
83,366
666
1,189
8,023
1,173
2,516
1,577
105,399
GRAKfs PAYABLE
2024
2023
Quaker AttNtties
6.368
7,825
The totsl grants paid to institu)"ons during the year was as fo11cv￿$.
2024
2023
Brrfrdln Yearty Me&ing
Quaker bodies
Non-Quaker L¥JJies
3,500
143
737
3,600
Page 14
continued...

SUSSEX EAsf AREA QUAKER MEETING
N4JfES TO THE FINANCIAL sfATEMENTS - COntin￿d
FOR THE YEAR ENDED 31 DECEMBER 2024
GRAK15 PAYABLE - contÉnued
The totsl grdnts paid to iTrYivhluals duting year was as follows:
2024
2023
Attendan￿ at young pawles events
Individual Quakers
880
1,108
800
2.086
10. SUPPORT cosrs
Governance
costs
Quaker Act(vftles
Support costs, Ind￿ed in the atove, are as fcllows:
2024
Quaker
Artpvities
2023
Total
activities
Trustses, expenses induding propety ath
Accountsncy aThJ legal fees
Audrtors remunerdtion
IndeFeThlent Examiner fee
Bank charges
Support
3,988
3,027
900
1,800
4,680
152
162
951
11. OTHER
2024
2023
Building improvaments
82
23 641256
12. TRUSTE￿, REMUNERATION AND BENEFrrs
There were no tnjsteeg remuneration or Oth￿ benefits for the year endeo 31 December 2024 nor for the year
ended 31 Decern￿r 2023.
2024
2023
Tru5tees' expenses Ind￿1r￿j propty a¢￿e
3,988
900
Page 15
continued...

SUSSEX EAsfAREA QUAKlli MEETING
NOTES TO THE FINANCIAL StATEMENTS - continued
FOR THE YEAR ENDED 31 DE￿MBER 2024
13. sfAFF COSTS
2024
2023
Wage5 and salaries
11,527
The average monthly number of emptyee5 during the year was as foliows:
Charitsble activiti8s
2024
No employees received emoluments in exces5 of £60,0W.
14. TANGIBLE FIXED ASSErs
Freehold
property
At l January 2024 and 31 December 2024
2 550 000
NEf BOOK VALUE
At 31 December 2024
2 550 000
At 31 December 2023
2 550 000
The valuation of the five Meding Fk)use ￿lI￿ng5 ￿fletrs tre ju63￿nent of the Trustees dramring on a varEty of
independent 9)urces.
Trustees, estimation of property values
Bexhill
Eastbowne
Hastings
HerStMo￿e￿X
Lewes
2024
2023
Meeting House
Meeting House
Meeting House PIE
Meets'ng House PIE
Methng House PIE
450,000
500,000
225,000
515,000
860,000
450,000
500,OIXI
225,000
515,000
860,000
2,550,00)
2,550,000
15. INVEsfMEpif PROPERTY
FAIR VALUE
At l January 2024
Revaluatlon
675,000
At 31 D￿ember 2024
645,000
NET BOOK VALUE
At 31 D￿￿nber 2024
645 000
At 31 Decwnber 2023
The valLkition of the tsvo investment p[D￿tieS {gerEratlrKJ rerrtol Income) i5 ba￿d on figures supplied by
managing agents Taylor Engley reflecting the advertsed sale Pri￿ of similar residential Froperties in the wcinty
as well as the rents being charged.
Page 16
continued...

Su￿Ex EAsf AREA QUAKUi MEEfING
NOTES TO THE FINANCIAL sfATEMENTS - continwl
FOR THE YEAR ENDED 31 DECEMBER 2024
15. INVEsfMENf PROPERTY - continued
2024
2023
HerstrnOn￿ux
Herstm0￿e[rA
Penn CLthges PIE
Frends Cottage PIE
385,000
405,000
645,000
675,1)00
Fair value at 31 December 2024 is wes&)ted by:
Valuation in 2024
645 000
16. DEBTORS." AMOLIKfs FALUNG DUE wmiiN ONE YEAR
2024
2023
(￿er debtor5
17. CURREKf ASSEf INVEsfMEKrs
2024
2023
Li*ed invesknents
105 987
18. CREDrroRS.. AMouMfs FALLING DUE wmiIN ONE YEAR
2024
2023
Other bans (￿ Th)te 20)
Other creditors
Grants payable
8,000
10,366
8,000
12,458
50
19. CREDITORS: AMouNfs FALLING DUE A￿R MORE ITrIAN ONE YEAR
2024
2023
Other loans (see rijte 20)
20. LOANS
An analysis of the matwty of loans is gven telow:
2024
2023
Amounts falling due wrthin ¢)ne year on demBrnl:
Other bans
Amounts falling trtheen one and y&irs:
Other loans - 1-2 years
Amounts fdling due between two and fve years:
Other loans - 2-5 years
The joans atove all reFate to ottrr loans Lewes Quakw Meeb"ng.
Page 17
continued...

NOTES TO THE FINANCIAL STATEMENTS - continued
FQR THE YEAR ENDED 31 DECEMBER 2024
20.
LOANS - conttnued
A kjan of £10.0￿ was exteTrJed to ttE LM in 2023. this ts repayable on 31 D&ember 2025.
A further loan of £10,(￿ was e*(ended in 2023 a￿1 is repayable C￿ 30 Septembw 2026.
A further loan of £5,CW was extended in 2023 and 15 repayable on l NOV￿nber 2026.
A final loan of £40,0(JJ was extended in 2023. This is to be repaid in equal instalments with a final repayment
date of 31 May 2028.
If any of the loans a￿ not ￿paid by their due date then an interest rate of 2% ab)ve ba* rdte will be charged,
21. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At 111124
31112124
Unrestricted funds
Generdl fund
SEAM Pdstordl & Educational Fund
Ella Roff Legacy FUTh
Rye Meeting
Bexhill Meeting
Lewes Development
Eastbourne Meeting
Hastings M&tiro
Herstrnonceux Meding
Lewes Meeting
Polegate M￿ting
Seaford Meeting
Uc￿l￿d Meeting
SEAM Property Fund
HerstmQ￿uX Estate
13,146
28,141
9,978
1,154
11,182
1,000
13.543
13.881
865
14,966
816
13,974
2,208
1,191595
(19,891)
(926)
(1,221)
232
595
(50,364)
7,651
7,324
1,362
11,263
14,209
7,464
27,215
8,757
586
11,177
(45,977)
16,894
22,704
2,135
23,529
750
13,492
2,122
1,189,809
(800)
C600)
3,387
(4,300)
1,499
(92)
(1700)
(iio)
(1,500}
(600)
(7,985)
1,018
514
5,199
Restricted fur
mauri￿ Burge Fund
1,317,449
(37,200)
78,050
1,358,299
(L082)
1,646
Endowment funds
Herstrn0r￿UX Estate
Ha&ings MeetiThJ House
Lewes Meeting Hou* and Burial Ground
1,265,753
225,000
{27,703)
(78,050) 1,160,000
225,000
860 000
350 753
2 245 000
TOTAL FUNDS
3,670.930
3 604,945
Pdge 18
continued...

SUSSEX EAS[ AREA QUAKER MEEfING
NOTES TO THE FINANCIAL sfATEMENT5 . continued
FOR THE YEAR ENDED 31 DECEMBER 2024
21.
MOVEMENf IN FUNDS - continwl
Net movement in ftJnd4 iTrYudal in the above are as fc41oKs:
Gains and
Movement
in funts
Unrestrictsd funds
General fund
SEAM Pastordl & Educational Fund
Ella Roff Lejary Fund
Rye Meeting
Bexhill Meettng
Lewes Development Project
EastL()wne Veeting
Hastings Meets"ro
Herstmonceux Meeting
Lewes Meeting
Polegats Meetii)J
Seaford Meeting
Uckfield l¥Èeting
SEAM Propety Fund
3,524
{23rt15)
(980)
(1,221)
(1,601)
(4,728)
(82,112)
(8,f)03)
(IOA65)
(1463)
(24,758)
(201)
(1503)
(989)
{19,891)
(926)
(1,221)
232
595
(50,364)
7,651
7,324
1,362
11,263
44
1,018
514
5,199
1,833
5,323
31,748
16,254
17,789
3,825
36,021
245
3,521
1,503
28,318
5,250
Restricted furKIs
Maurice Burge Fund
149,958
(192A08)
5,250
(37,200)
(L082)
(1,082)
Endowment funds
Plerstmonceux E#ate
28,282
(25,985)
(30,000)
{27,703)
TOTAL FUNDS
219
65,985)
Page 19
continued...

SUSSEX EAST AREA QUAKER MEEIING
NOTES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
21.
MOVEMENf IN FUNDS - cortinued
Comparatives for movement in funds
Transfers
between
fvnds
movement
in funds
At 111123
?1112123
Unrestrictsd funds
General fund
SEAM Pastoral & EdLKaUonal Fund
Ella Roff Le3ary FuTrJ
Rye Meeting
Bexhill Meetino
Lewes Development FY0].￿t
Eastbourne ￿ting
Hasting5 M￿ting
Herstmonceux Meeting
Lewes Meeting
Polegate Meeting
Seaford Meeting
Uckfield Meeting
SEAM Propety Fund
18,272
30,127
10,625
1,3T3
13,055
342,466
14,879
16,332
1,754
25,605
416
14,565
3,4YJ
(18,376)
(1,986)
(647)
481
(373)
3,590
664
(451)
{2,097)
(6,029)
4CXJ
91YJ
(945)
13,250
13, 146
28,141
9,978
1,154
11,182
1,000
13,543
13,881
865
14,966
816
13,97a
2,208
1192 595
(700}
(1,500)
(345,056)
(2,000)
(2,000)
1,208
(4,610)
(1,500)
(300)
Restricted funds
Lewes DeVelO￿￿ent Proi&t
mauri￿ Burge Pund
1,727,711
(67,054)
{343,208)
1,317,449
69,031
(414,087)
345,056
390
Endowment funts
He￿mOn￿uX Estate
Ha*ings M￿ting House
Lewes Meeting Hou* 3nd Burfal Ground
74,660
(416,598)
344,666
2,728
1,254,862
225,IX)O
12,349
(1,458)
1,265,753
225,CMXI
860 000
2 350 753
TOTAL FUNDS
4 142 233
471303)
3 670 930
Page 20
o)rrtinued...

SUSSEX EAsf AREA QUAI(ER MEEfING
NOTES TO THE FINANCIAL STATEME￿[$ - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
21.
MOVEMEMf IN FUNDS - continued
Comparattve net movement in ftJTrJs, included in the aLx)ve are as follows:
Incoming Res0w￿5
yes0w￿$
expended
Gains and
losses
Movement
in funds
Unrestrictsd funds
General fund
SEAM Pastoral & Educational FurHJ
Ella Roff Legacy Fund
Rye Meeting
Bexhill Meeting
Lewes Develoynert Project
Eastlx)urne Wketing
Ha5tings MeetirKJ
HerstmonceLB< Meeting
Lewes Meeting
Polegate Meeb'ng
Seaford Meeting
Uclrfield ￿eting
SEAM Propety Fund
499
(18,875)
(1,986)
(647)
(1,595)
(5,233)
(18,376)
(1,986)
(647)
481
(3TJ)
3,590
664
(451)
(2,097)
(6,029)
400
909
(945)
2,076
4,8f￿1
3,5
10,519
9,623
2,360
13,669
600
3,812
1,5TJ
(9,855)
(10,074)
(4,457)
(19,698)
(2CIJ)
(2,903)
(2,518)
79,518
Restnrted funds
Lewes DevelO￿ert PrO]￿t
Naurice Burge Fund
(159,325)
12,753
(67,054)
206,678
(620,765)
(414,087)
206,678
(623,276)
Endowment fund5
HerstrnOn￿uX E*ate
(416,598)
28,755
(16,406)
12,349
TOTAL APNDS
314 951
471303)
Page 21
continued...

SUSSEX EAST AREA QUAKER MEEfiNG
N¢yfES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
21. MOVEMEMf IN FUNDS - continued
A current y￿r 12 months and year 12 comL¥ned tM)sition is as follows:
Net
movement
in funts
Transfe[5
bet¥veen
funds
At
31112124
At 111123
Unrestricted funds
General fu
SEAM Pastordl & Educational Fund
Ella Roff Legacy Fund
Rye Meeting
Bexhill Meeting
Lewes Development Proj&t
Eastt¥Jurne Meeting
Ha*in9s Meeting
Her5tmo￿euX Meeling
Lewes Meets'ng
Polegate Meetiro
Seaford Meeting
Uc￿le1d fvketing
SEAM Propety Fund
18,272
30,127
10,625
1,373
13,055
342,466
14.879
16,332
1,754
(38,267)
(2,912)
(1.868)
713
222
(46,774)
8,315
6.873
{TJ5)
27,459
7,464
27,215
8,757
586
11,177
(45,977)
16,894
22,704
2,135
23,529
750
13,492
2,122
1,189,809
(1,500)
(2,100)
(341,669)
(6,300)
(501)
1,116
(7,310)
(iio)
(3,000)
(900)
{7,985)
416
14,565
3,453
1,234,789
1,927
(431)
(36,995)
Restricted funts
Lewes DeveloFment Fbiect
Maurice Burge Fund
1,727,711
(104,254)
(265, 158)
1,358,299
69,031
5.629
(414,087)
345,056
Endowment funds
Herstm0￿euX Esta
Hastings M￿ting House
Lewes Meth'ng Hou* and Burial Ground
74,660
(417,680)
344,666
1,646
1,254,862
(15,354)
(79,508)
1,160,000
225,000
2339862 2245000
TOTAL FUNDS
Page 22
continued...

SUSSEX EAsfAREA QUAKER MEEtING
NOTES TO THE FINANC￿ sfATEMENTS - continued
FOR THE YEAR ENDED 31 DE￿MBER 2024
21.
MOVEMEiwf IN FUNDS - ¢ontinue41
A current year 12 months and prior year 12 mnths ccffibined net movement in fvnds, indud*J in the above are
as follows:
IrKoming Res0w￿S
resouros
experKled
Gains and
Movement
in funds
Unrestrirted funds
General futKI
SEAM Pastoral & Educational FuThJ
Ella Roff Legacy FuTrJ
Rye MeetirKJ
Bexhill mee￿ng
Lewes Development knj.
Eastb)urne Meeting
Ha*ings MeetirKJ
Herstm0n￿uX Meetlng
Lewes Meeting
Polegate Meeting
Seaford Meeting
Uckfield ￿etIng
SEAM Propety Fund
4.023
(42,290)
(2.966)
(1,868)
(3,196)
(9,961)
(82,112)
(18,458)
(20,539)
(6,920)
(+1,456)
(401)
(5,406)
(3,507)
109 653)
(38,267)
(2,912)
(1,868)
713
222
(46,774)
8,315
6,873
(735)
5,234
3,909
10,183
35,338
26,7T3
27,412
6,185
49,690
7,333
3,076
1,927
(431)
36 995)
Restrirted funds
Lewes Development Proiert
Maurice Bur9e Fund
229,476
(351,733)
18,003
(104,254)
206,678
(620,765)
(414,087)
Endowment funds
Herstm0￿euX Estate
206,678
(624,358)
(417,680)
57,037
(42,391)
(30,000)
(15,3S4)
TOTAL FUNDS
493 191
Unrestricted funds
Pastoral and Educati￿ - reserve deslgnated to wpport pastoral and educational needs of Quakers In SEAM.
Property Fund - re*rve designated to fund repar and maintenano of Meebng Ph)U￿ in SW.
Lewe5 Develowent Proiol . rewve tjesignated to finan￿ the development pro]￿ at Lewes Meeting House.
Bexhill Meettng - nK)ney designated for the u* of Bexhill ￿akers.
Eastboume ￿ting - mow designataj fcff the u* of Ea#iK)ume
Ha*ings MeettTrJ - money desigrtated for the u* of Haaings Quakers.
HerstmOn￿L￿ Meeting . money design&d for Its u* of H￿s￿nCeuX Quak£r&
Lewes Meeting - money designated ts the use of Lewe5 Qhjakers.
Polegate Meetiro - mory designated for the tjse of Polegate Quaker&
Rye Meeting - r￿neY desrgnated for the use of Rye Quak￿&
la Roff Legacy Fund - money from a legacy designated for the use of Rye Quaker
Page 23
continued...

SUSSEX eAsf AREA QUAKER MEEfiNG
N(yfES TO THE FINANCtAL ￿ATEmENTs . continued
FOR ThE YEAR ENDED 31 DE￿MBER 2024
21.
MOVEMEKf IN FUNDS - continued
Seaford Meeting - rn￿eY destgnated ts the ￿ of Seaford Ql￿kers.
Udoldd Meets'ng - morEy desbjnataj fc* the u* of Ucknleld Quakers.
Restrirted funds
Maurice Burge Fund - legary left for the use of children and ￿Ung people committee of Lewes Meeting.
Endowment funds
Hertm0￿eUx Estate - providirKJ a Meeting House for fvkers at Hersthonceux. The income and expenditu
relatirKJ to the estste is otegorised as part of the above designated Her&Mor£e￿I Meeting fund with the
balance on the endowment fund relating to the valuation ￿ the estste.
Hastiros Meeting Hou* - providing a M&ing House Quake￿ in Haging5, With no restriction on the use of
income.
Lewes Meetiro Hlwse and BurTral Ground - prov*JiThJ a NÈeting Hou* and burial ground for Quake￿ in Lewes
with no restricbon on the use of incorne.
Transfe￿ between fur
Transfers from unrestrKtsd Lcol Meetings to gerErdl fijnd represent contiibutions paid to Area Meeting.
£408 was transfsred fr￿n the H￿St￿m)r￿uX E*ate to H￿lorTh￿ Meeting, this being a fund donation to the
Quicken TrusL
£4,599 was transfeffed from Fund to Hasttngs M￿ing, trds being the Insurantr pay out to
reimburse Has￿ng5.
£77,642 was transferred frcKn the ￿dOWed Herth￿￿￿ E*te to the designated E*ate fund, this being
accumulated incorrE on the Ette. The practice has in the past b*n to treat the Estste's income a￿1
expenditure as b8ng a restritted part of the endO￿nerrt. To remety this, the CatsJ0ri5a￿0n in the accounts of
the bank balarKe(s) accumulated on behalf of the E&ate We￿ trdnsferred from permanent enthwment to
designated as on 31.12.2024. From that date income and expenditure rdatir#J to the &ate is being categorised
s designatsa. The resdual bala[￿e in the endowment fijnd is the bakntrs on the prOpe￿e$.
22. RELATED PARTY DIS(LOSURES
There We￿ no ￿lated party tran￿￿'OrS ft)r the year eTrJed 31 D&ember 2024.
Page 24

SUSSEX EAsf AREA QUAI(ER MEETING
DEfAILED ￿ATEME￿r OF FINANCtAL AcfivmES
FOR ThE YEAR EK)ED 31 DE￿MBER 2024
2024
2023
INCOME AND ENIX)WMENrs
Donatiors and legaaes
Donations
Gift aid
Grants
50,109
7,367
60,850
12,908
67,782
237,399
Investment income
Rents received
Deposit account interest
Dividend Inco￿
54,924
3,004
39,187
5,409
59,236
46,197
Charitable activities
Room hi
Appeals and sales
other
30,632
180
50
13,081
1,114
30,862
14,195
Other income
Insuran￿ monies
Totsl InC￿ing resources
178,240
314,951
EXPENDrruRE
Investment management costs
Investrnent advlce
Investment property costs
870
120
12,382
7,695
Charltsble actlvltles
Wages
Insuran
ght and heat
Repairs and maintenan
Children a￿1 young pL￿pIe
Materials and equipMp￿t
Hall hire
Quaker support
Outreach
Cleaning
Other prerni￿ costs
Grants to in&itutions
Grants to indtv¥Juals
11,527
10,759
15,415
42,684
460
10,474
4,876
3,049
4,456
1,699
7,515
9,626
15,685
83,366
666
1,189
8,023
i.Ir3
2,516
1,577
1,142
4,939
4,380
111,767
140,303
This page d￿5 rrt form part ofthe ststtrt(ffy finarKial strt￿ents
Page 25

SUSSEX EAsf AREA QUAI(ER MEETING
DEfAILED sfATEMEKf OF FINANCIAL ACTIVMES
FOR THE YEAR ENDED 31 DE￿MBER 2024
2024
2023
Charitable activities
Other
Building improvements
81423
641,256
Support costs
Governano costs
Trustees, expenses irKluding property advtce
Accountsncy arKI lejal fees
Auditor5 remunerdtion
Independent Examiner fee
Bank charges
sUp￿rt
3,988
3,027
900
1,800
5,940
4,680
152
1.056
162
951
Total r￿Ur￿ expended
219 47S
799 007
Net expenditure
41 235)
484 056)
This ￿e dces Th)t forn part of slatutory financial statements
Page 26