2023-12-31-accounts

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TRUSTEES' ANNUAL REPORT

The Parochial Church Council of the Ecclesiastical Parish of Funtington with West Stoke and Sennicotts

For the year ended 31st December 2023

Page
2-7	Trustees' annual report
8-20	Annual Accruals Accounts
21	Report of the independent examiner

St Mary's Church, Church Lane, Funtington, Chichester

PO18 9LH.

Our aims and purposes as a charity

The PCC had the responsibility of co-operating with the Priest-in-Charge, the Revd Andrew Birks up to November 2023 when he left the Parish, The PCC now have the responsibility of cooperating with The Sequestrators and Rural Dean, Jessica Reid, in:

The promotion of the gospel of the Lord Jesus Christ according to the doctrines and practices of the Church of England;
Promoting in the parish the whole mission of the church, pastoral, social, evangelistic and, ecumenical.
To know Jesus better and make Him better known;
Practical support and care for people in the parish, from the youngest to the eldest, irrespective of level of need or, ability to pay;
Providing financial support those in need and, to other organisations with similar objectives.

What we planned to do to achieve our charitable objectives

When planning our activities for the year, our Priest-in-Charge and the PCC have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on ‘charities for the advancement of religion’.

The council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults.

For this year we discussed and planned the following objectives and activities to fulfil our aims:

Enabling as many people as possible to worship at our churches.
Enabling as many people as possible to become part of our church community.
Teaching, baptising and nurturing new and existing believers.
Maintaining an overview of worship throughout the parish.
Considering how services can involve the many groups that live within the parish.
Putting faith into practice, through prayer, scripture, music and sacrament.
Offering worship and prayer and learning about the Gospel, in small group situations.
Assisting people from all walks of life to develop their knowledge of, and trust in, Jesus.
Provision of pastoral care for people living within the parish.
Providing assistance to the poor and needy of the parish with log deliveries.
Giving grants to missionary organisations – The following Charities were supported this year; Chichester Area Talking News, Sage House, Four Streets project, and the Turkey Syrian Earthquake Appeal.
Reaching out to the unchurched through social activities. Another Fireworks and Bonfire night took place which was very well attended by local families and, we continued the collection of food for the Food Bank and Stone pillow throughout the year. Many local charities hold meetings and functions in St Mary’s Church room and no charge is made for the use of these facilities.
Maintaining the fabric of the church building as a historic centre and focus of life in the village. Ongoing maintenance has taken place in all three churches.

What we achieved and how we affected beneficiaries’ lives

Attendance at worship

The church family welcomes visitors from within as well as outside the parish boundary. Visitors attend by personal choice and, it is our great pleasure to welcome anyone from all walks of life to take part in the life of the church. We contend that voluntary attendance to worship the Lord Jesus Christ, is a major demonstration of the public benefit of our activities.

The average regular weekly attendance, counted during October had risen from last year (53 adults and 5 children ). Over the course of the year we have seen a steady rise in service attendance especially over Christmas. Unfortunately, we have not been able to maintain the running of a Sunday school due to lack of leaders. This has resulted in the loss of four families to a neighbouring church.

There has been a large increase in numbers attending our Special services; Easter, Pet service, Harvest Festival, Advent, Christmas and our Joint parish Eucharist on the 5[th] Sunday of the month.

Christmas was a very special time of celebration where many sections of the community come together to join in the services. Children and adults alike joined-in and memories made. The two crib services and the two Candlelit Carol services were especially well attended.

Likewise during Holy Week and Easter, we saw good numbers of families attending our services. For the second year running, we had the Stations of The Cross at Funtington, and then carried our cross from Fungtington to St Wilfrid’s Hall, where we had lunch and a devotional service. We then contnued the journey to St Mary’s, Chidham, for Veneration of the Cross and Communion. On Easter Morning both the parishes of Chidham and FWSS gathered at 7am for a service on Cobnor beach, where the paschal candle was lit on the shore. The light was taken to both Chidham and Funtington where the respective paschal candles were lit at the eucharistic services.

Teaching, baptising and nurturing new and existing believers

A greater number of the church family have been involved in leading various aspects of worship, lending great encouragement to those involved, as well as the whole congregation. We continue to seek to extend the opportunities for the exercise of ministry and gifts within the life of our community. We have forged Links with both our local schools , holding four separate services . The church in the community group was formed in the summer to aid outreach and prayer. A weekly homegroup was started in the autumn term.

Evangelism and outreach

The Bonfire and fireworks party, hosted at Adsdean Farm was another huge success with over100 people attending the event. The website has been revamped, is now being used to publish church news, and people are visiting it and finding it very useful.

Provision of the church building for people to enjoy

It was with great delight that we celebrated the baptism of one child.

During the year there have been two weddings, one marriage blessing and six funerals.

The main focus this year has been to explore ways in which the church building can be used for events in addition to services.

We have hosted many visitors to our Bell tower for ringers of all skills to enjoy our bells.

It is important to us that the church is available for private prayer not just to the church family but to the wider visiting community. To this end the church building is always open.

Many remark that not only is it refreshing to find an open church but, also the sense of peacefulness and spirituality our churches and the grounds pervade.

Other remarks include the sense of history within; that people of much earlier generations found life and presence there and, comments on the appreciation of the architectural beauty of the buildings and biblical archaeology.

The church buildings.

St Mary’s Funtington completed major repairs to the roof and this included the installation of Solar Panels. These are providing power to the church and feeding excess back to the grid. No payment has yet been received from our supplier, but this is being investigated and may require the installation of a smart meter.

Work is required on the rendering around the internal walls of the bell tower. This has become loose due to the wrong materials being used previously. Emergency stripping of a section at high level was carried out on safety grounds and this revealed a rather attractive sub-surface. Advice is being sought from the Architect and DAC concerning the faculty application and whether the rendering should be re-instated completely, in part, or not at all.

St Andrew’s West Stoke has cracks appearing around window frames and advice is being sought from the Architect. Wi Fi has now been installed to allow on-line giving.

St Mary’s, Sennicotts now have a smart meter installed.

Services

Faced with the issue of one Priest between two Parishes, we have had to rely on Lay Readers and retired Priests to lead our worship and we are very grateful to them. It has been no easy task ensuring our pattern of services is covered and this has been made worse by the vacancy. On losing our Priest at the end of October it was necessary to set up a different pattern of services for the period of Interregnum. Accordingly, we have combined some services across both parishes, but still endeavouring to ensure a Eucharist is available every Sunday. As pressure for clergy increase, it may be that the service times are reviewed again in 2024.

Provision of pastoral care for people living in the parish

Before our vacancy, the Priest in charge visited the sick and dying and provided Holy Communion in their homes as needed.

We do not have a specific Pastoral Care Team at the present time, but we do work closely with Good Neighbours who provide transport, help and friendship to local people. We do recognise the need for Pastoral support in our community and will do what we can to facilitate this.

The Church in our Community was primarily launched as an informal prayer group and is open to all in the Parish. This has encouraged some people who are not regular church goers, to attend, explore their faith and be supported.

Other charitable giving

The parish magazine continues to be distributed to all households in the parish. This helps to maintain links between the church family and those who have not yet felt the need to take part in what we do. We have had an increase in giving this year. The PCC pledged a maximum of £5000 this year to various charities, with a total of £ 4, 500 having been reached.

Staff costs

The PCC only employs one member of staff – the organist.

The PCC reviewed the cost and requirements for all three graveyards. We have maintained the contractors appointed last year ; the cost being cheaper than in 2022. We have had three graveyard working parties this year and are expecting to replace the boundary fence on the eastern boundary in due course.

Cleaning is on ongoing cost, and it has been difficult to secure the services of a contractor to undertake this work. For various reasons, we have had three different contractors during the year.

Trustee payments and expenses

The PCC have in the past, supported the Priest-in-charge by paying Council Tax, Water and other charges for the Vicarage at Chidham where they normally reside. This ceased in October. Environmental charges, electric and fuel oil for the three Churches have also been paid. No trustees were remunerated for their role as trustees. Trustee expenses payments are detailed in the accounts note 15.

Office costs

Nil

Repairs to the fabric of the church building.

Cracks around some windows at St Andrew’s, West Stoke, are awaiting a review from the Architect. At St Mary’s, Funtington, the internal rendering around Bell tower arch is coming away from the sub-surface and requires removal. Some rendering has already been removed on safety grounds and this has revealed a rather attractive appearance. This raises the question as to whether the render should be re-instated in full, part or not at all. We await advice from the Architect and DAC on how best to proceed with the faculty application. Sennicotts is still waiting for the repair to be made of the broken iron fencing damaged by a contractor.

Why we hold some money in reserve

It is PCC policy to invest temporarily surplus general funds with the CBF Church of England deposit fund, and Blackrock Fund Managers, returning proportionately these funds to our current account, as they are needed, to pay day-to-day bills.

As well as holding the above general reserves, from time to time the PCC receives restricted legacies for expenditure on particular purposes, defined by the donor. We aim to expend such money as soon as possible after receiving the legacy, depending on the specific objectives of the donor. Where we have identified that the specific purpose can only be achieved by delaying the expenditure, we invest the legacy temporarily until such time as the need for expenditure is identified. During the year we received no additional restricted legacies.

Structure, governance and management of the charity

The Parochial Church Council (PCC) is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers).

During the year the following served as members of the Parochial Church Council:

Ex Officio members Incumbent: The Revd Andrew Birks resigned Oct 2023 Wardens: Mrs Phillipa Kerr (from May 2023) Mr Paul Wren (from May 2023) Mrs Caroline Noble (from May 2023) Deanery Synod Mrs Gwynne Oakley-Smith-resigned Mr Neil Watt Mrs Caroline Noble Elected Members Mrs Denise Foster Mrs Kay Knowles Mrs Debbie Hughes Mr Edward Platt – resigned Mrs Jo Wergan Mr Andrew Hughes Mrs Gill Boote Mrs Judy Meeke Mrs Eloise Rank Mr James Noble (from Aug 2023) Secretary Mrs Carolyn Watt Treasurer Mrs Tricia Dry Assistant Treasurer & Gift Aid Mr Neil Watt (ex Officio) Electoral Roll Officer Mr Andrew Lillie (co-opted) Safeguarding Officer Mr Tony D'Alton (co-opted)

Membership of the PCC is determined under the Church Representation Rules and consists of certain exofficio members: the priest-in-charge, the churchwardens and members of the Deanery, Synod, and 12 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.

We have maintained the use of accnlS accounting this year. and are extremely grateful to Chris Pexton. the deanery treasurer, for examining our accounts. In relation to the accruals accounting the PCC has to review whether the parish is a going concern. and the PCC has agreed this is clearly the case. This Trustees, Annual Report approved by the PCC and signed on their behalf by Mr Paul Wren. Chairnlln of the PCC Date....

The Parochial Church Council of the Ecclesiastical Parish of Funtington with West Stoke and Sennicotts

2023 Annual Accruals Accounts

Page	Contents
9	Statement of Financial Activity
10	Balance Sheet
11-12	Note 1 Accounting policies
13	Note 2 Income
14	Note 3 Expenditure
15	Note 4 Missionary and charitable giving
16	Notes 5,6,7 Staff costs, governance, transfers between funds
17	Note 8 Fixed assets
18	Notes 9,10,11,12 Net assets by fund, debtors, creditors, long term creditors
19	Notes 13,14 Statement of funds, analysis of cash
20	Further notes 15,16,17,18

Statement of Financial Activities

	Unrestricted Fund	Restricted Fund/s	Endowed Fund/s	Total Funds 2023	Total Funds 2022

Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other receipts	£ 51,279 5,771 10,804 20,474 8,923	£ - - - 641 -	£ - - - 89 -	£ 51,279 5,771 10,804 21,204 8,923	£ 299,305 9,073 12,159 8,576 30,177
Total income	97,251	641	89	97,981	359,290
Expenditure on: Raising funds Charitable activities Other trading activities	288 127,590 9,701	- 2,204 -	- - -	288 129,794 9,701	984 233,653 4,893
Total expenditure	137,579	2,204	-	139,782	239,530
Net gains (or losses) on investments	5,398	-	283	5,681	(4,062)
Net income or (net expenditure)	(34,930)	(1,563)	373	(36,120)	115,698
Transfers between funds Other recognised gains/(losses): Gains/(losses) on revaluation of fixed assets Other gains/(losses) Reconciliation of funds:	- (34,930) - -	- (1,563) - -	- 373 - -	- (36,120) - -	- 115,698 - -
Net movement in funds	(34,930)	(1,563)	373	(36,120)	115,698
Total funds brought forward	609,169	2,075	3,000	614,244	498,546
Total funds carried forward	574,239	512	3,373	578,124	614,244

Balance Sheet Total Funds Totol Furjds 2022 Notes Tangible 3ssets 18.708 19,586 Investments 519.7(X) 444,657 Total fixed assets 538,408 464,243 Oebtors 22,680 24,332 136,200 14 io Cash at bank and in hand 19,221 Total current assets 41.901 160,532 Creditors.. Amounts fèlling due within one year 12,1851 110,531) '. 11 Net current assets or {Ilabilitiesl 39,716 150,001 Total assets less current liabllilies 578,124 614,244 Creditors.. Amounts falling due after more than one year 12 Provisions for liabilities Total net assets or Iliabilitiesl 578,124 614,244 The funds of the charlty: Endowment funds 3,373 3,000 Restricted income funds 512 2,075 Unrestricted funds 574.239 609,169 Total charity funds 578.124 614,244 This Annual Financial Report, for the year ended 31st December 2023, including the notes following, was Approved by t and signed on its behalf bv PCC Chaiman Date......... q.02. '24DZLfr io

Notes to the financial report

1 Accounting policies

a Accounting convention

The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current (2019) Statement Of Recommended Practice, Accounting and Reporting by Charities SORP (FRS 102).

The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.

b Funds accounting

Funds held by the PCC are:

Unrestricted funds - general funds which can be used for PCC ordinary purposes .

Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.

Restricted funds - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.

Endowment funds - funds the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment .

c Income and endowments

All income and endowments are accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably.

Donations and legacies

Collections are recognised when received.

Planned giving receivable is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate.

Gift aid recovered is recognised when the income to which it is attached is recognised.

Grants and legacies are recognised when the formal offer in writing of the funding, is received by the PCC.

Charitable activities

Fees for weddings and funerals are recognised when the events are in the accounting year and receipt is probable.

Other trading activities

Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised when received.

Investment income

Interest entitlements are accounted for as they accrue.

Notes to the financial report (continued)

All other income

All other income is recognised in accordance with the above overall policy.

Gains and losses on investments

Realised gains are recognised when the investments are sold.

Unrealised gains and losses are accounted for on revaluation at 31 December.

d Expenditure

Expenditure is accounted for on an accruals basis and accounted for gross.

Grants

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church Activities

The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

e Fixed Assets

Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011.

Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired prior to 2010 there is insufficient cost information available and therefore the cost of such assets is not stated in the financial statements.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rates we have applied are:

Fixtures and fittings - Organ	3%
Fixtures and fittings - Solar Panels	10%
Audio visual equipment	25%
Cooking Equipment	25%

No depreciation is provided on freehold property as it is the PCC's policy to maintain these assets in a continual state of sound repair.

Investments

Investments are stated at market value at the balance sheet date.

f Current Assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown a debtors less provision for amounts that may prove uncollectible.

Notes to the financial report (continued)

2 Analysis of income and endowments

2 Analysis of income and endowments
	Unrestricted	Restricted		Endowed		Total Funds	Total Funds
	Fund		Fund/s		Fund/s	2023	2022	*Notes*

Planned giving (gift aided) Planned giving (no tax refunds) Loose cash collections Sumup donations Donations Gift Aid recoverable	£ 36,264 - 1,927 672 2,243 10,173		£ - - - - - -		£ - - - - -	£ 36,264 - 1,927 672 2,243 10,173	£ 34,593 - 4,299 268 1,794 8,993
Other Income	-		-		-	-	142
Legacies	-		-		-	-	249,216
Grants	-		-		-	-	-

Donations and legacies	£51,279		-		-	£51,279	£299,305
Fees for weddings & funerals	5,771		-		-	5,771	9,073
Charitable activities	£5,771		-		-	£5,771	£9,073
Sales of parish magazine Community - Bonfire party Fundraising Church centre hiring fees Magazine advertising fees Refunds	2,688 1,467 1,302 3,386 1,190 770		- - - - - -		- - - - - -	2,688 1,467 1,302 3,386 1,190 770	2,813 3,400 1,025 3,001 1,440 479
Other trading activities	£10,804		-		-	£10,804	£12,159
Bank & CBF deposit interest Dividends	17,991 2,483		- 641		- 89	17,991 3,213	8,576 -
Investments	£20,474		£641		£89	£21,204	£8,576
VAT Refund Other receipts	8,923 -		-		-	8,923 -	25,960 4,217
Total income	£97,251		£641		£89	£97,981	£359,290

Notes to the financial report (continued)

3 Analysis of expenditure on:

3 Analysis of expenditure on:
	Unrestricted	Restricted		Endowed		Total Funds	Total Funds
	Fund		Fund/s		Fund/s	2023	2022	*Notes*

Gift Aid envelopes Sumup expenses	£ 187 101		£ - -		£ - -	£ 187 101	£ 205 -
Cost of raising funds	£288		-		-	£288	£205

Charitable grants and donations	4,520		-		-	4,520	4,039	4
Parish share to Chichester Diocese Salaries and honoraria incl tax Clergy and other people's expenses Bank Charges	47,277 1,647 967 61		- - - -		- - - -	47,277 1,647 967 61	40,000 5,636 2,375 84	5
Council tax	1,250		-		-	1,250	1,204
Licence fees Water, Gas, Electricity and Oil Organist Church Running Costs Building works Accounting and Architects fees Church maintenance and repair Diocesan and Deanery fees New equipment Liabilities Governance	127 4,650 1,492 17,624 48,942 1,612 3,958 - 1,155 224 - -		- - - 641 1,563 - - - - - -		- - - - - - - - - - -	127 4,650 1,492 18,265 50,505 1,612 3,958 - 1,155 224 - -	110 5,256 640 16,272 131,579 10,686 13,283 2,265 223 - -
Cost of charitable activities	£127,590		£2,204		-	£129,794	£233,653
Church and Hall cleaning Magazine Printing Community - Bonfire party Other trading costs	3,874 4,284 1,544 -		- - - -		- - - -	3,874 4,284 1,544 -	450 4,443 779 -
Cost of other trading activities	£9,701		-		-	£9,701	£5,672

Total expended on all funds	£137,579		£2,204		-	£139,782	£239,529

Notes to the financial report (continued)

4 Missionary and charitable giving:

4 Missionary and charitablegiving:
	Unrestricted Fund	Restricted Fund/s		Endowed Fund/s		Total Funds 2023	Total Funds 2022	*Notes*

*St Wilfrid's Hospice* *Stone Pillow* *Magazine* *Ukraine appeal* *Alzheimer's Research* *Sussex Snowdrop* *Funtington School* *Chichester City Band* *DEC Turkey Earthquake Appeal* *Sage House Dementia Support* *Four Streets Project* *Chichester Area Talking News Appeal* *Others*	£ - 100 - 100 - - - - 2,070 750 750 750 -		£ - - - - - - - - - - - - -		£ - - - - - - - - - - - - -	£ - 100 - 100 - - - - 2,070 750 750 750 - -	£ 315 236 30 800 315 315 2,028 - - - - - -
	£4,520		-		-	£4,520	£4,039

Notes to the financial report (continued)

5 Staff costs

5	Staff costs
		Unrestricted	Restricted	Endowed	Total Funds	Total Funds
		Fund	Fund/s	Fund/s	2023	2022	*Notes*
		£	£	£	£	£
a	Remuneration
	Wages and salaries	1,647	-	-	1,647	5,636	16
	Employer Social Security Costs	-	-	-	-	-
	Employer Pension costs	-	-	-	-	-
		£1,647	-	-	£1,647	£5,636
6	Governance

6	Governance
		Unrestricted	Restricted	Endowed	Total Funds	Total Funds
		Funds	Fund/s	Fund/s	2023	2022	*Notes*
		£	£	£	£	£
	Independent examination/Accounts Production	-	-	-	-	-
		-	-	-	-	-
7	Analysis of transfers between funds
		Unrestricted	Restricted	Endowed	Total Funds	Total Funds
		Funds	Fund/s	Fund/s	2023	2022	*Notes*


Unrestricted	Restricted	Endowed	Total Funds	Total Funds
Funds	Fund/s	Fund/s	2023	2022	*Notes*
£	£	£	£	£
-	-	-	-	-
-	-	-	-	-

Notes to the financial report (continued)

8 Fixed Assets

8	Fixed Assets
a	Investments
		Unrestricted	Restricted	Endowed	Total Funds
		Fund	Fund/s	Fund/s	2023	*Notes*
		£	£	£	£
	Market value 1 January 2023	441,657	-	3,000	444,657
	Additions	52,000			52,000
	Disposals at carrying value	-	-	-	-
	Deposit account interest accumulated	16,760	512	89	17,362
	Net gains and revaluation	5,398	-	283	5,681
	Market value 31 December 2023	£515,815	£512	£3,373	£519,700
	Investments at 31 December 2023 included £???? held in a CBF Church of England deposit account
b	Tangible fixed assets
		Freehold land	Audio visual		Total fixed
		and buildings	equipment	Equipment	assets	*Notes*
		£	£	£	£
	Cost or valuation
	At 1 January 2023	-	894	21,008	21,902
	Additions	-		1,174	1,174
	Disposals	-	-	-	-
	Revaluation	-	-	-	-
	Prior Year adjustment	-	-	-	-
	At 31 December 2023	-	894	22,182	23,076
	Depreciation
	At 1 January 2023	-	(224)	(2,092)	(2,316)
	Charge for the Year		(224)	(1,829)	(2,052)
	Disposals	-	-	-	-
	Revaluation	-	-	-	-
	At 31 December 2023	-	(448)	(3,921)	(4,368)
	Net book amounts
	At 31 December 2023	-	£447	£18,261	£18,708
	At 31 December 2022	-	£671	£18,916	£19,587

Notes to the financial report

9 Analysis of net assets by fund

9 Analysis of net assets by fund
	Unrestricted		Restricted		Endowed		Total Funds	Total Funds
		Funds		Fund/s		Fund/s	2023	2022	*Notes*

		£		£		£	£	£
Fixed assets for church use	18,708			-		-	18,708	19,586
Investment fixed assets Current assets (except cash) Cash at bank Debtors Current liabilities Long term liabilities	515,815 - 19,221 22,680 (2,185) -			512 - - - - -		3,373 - - - - -	519,700 - 19,221 22,680 (2,185) -	441,657 - 136,200 24,332 (10,531) -
	£574,239			£512		£3,373	£578,124	£611,244

10 Debtors

10 Debtors
	Unrestricted		Restricted		Endowed		Total Funds	Total Funds
		Funds		Fund/s		Fund/s	2023	2022	*Notes*

Income tax recoverable Prepayments and accrued income Chidham PCC loan Other debtors	£ 4,690 1,240 16,750 -			£ - - - -		£ - - - -	£ 4,690 1,240 16,750 -	£ 3,986 596 19,750 -
	£22,680			-		-	£22,680	£24,332

11 Creditors: amounts falling due within one year

	Unrestricted	Unrestricted	Restricted	Endowed	Total Funds	Total Funds
		Funds	Fund/s	Fund/s	2023	2022	*Notes*

Deferred income Accruals for utilities and other costs		£ - 440	£ - -	£ - -	£ - 440	£ - 1,049
Other creditors		1,745	-	-	1,745	9,482
	£2,185		-	-	£2,185	£10,531

12 Creditors: amounts falling due after more than one year

	Unrestricted	Restricted	Endowed	Total Funds	Total Funds
	Funds	Fund/s	Fund/s	2023	2022	*Notes*

Deferred income Accruals for utilities and other costs Other creditors	£ - - -	£ - - -	£ - - -	£ - - -	£ - - -
	-	-	-	-	-

Notes to the financial report

Notes to the financial report	Notes to the financial report	Notes to the financial report	Notes to the financial report	Notes to the financial report	Notes to the financial report	Notes to the financial report	Notes to the financial report
13 Statement of funds
		Balances b/fwd 1 Jan 2023	Income	Expenditure	Transfers, other gains and losses	Balances c/fwd 31 Dec 2023	*Notes*
		£	£	£	£	£
	Parkinson	3,000 -	89	-	283 -	3,373 -	19
	Total of all endowed funds	3,000	89	-	283	3,373
	Raise the Roof Fund Mothers and Toddlers Fund Sunday School fund Choir Fund West Stoke Churchyard Fund	1,563 250 224 38 -	- - - - 641	(1,563) - - - (641)	- - - - -	- 250 224 38 -	18
	Total of all restricted funds	2,075	641	(2,204)	-	512
	General Fund John Rank Fund Richard Elwes Fund Roof and Church Repairs	177,489 3,951 4,516 181,025	77,147 - - 8,953	(85,606) - - (51,973)	(13,310) - - -	155,720 3,951 4,516 138,005	17 20 21
	Dora Smith Fund Fixed assets	242,188 -	11,151 -	- -	- 18,708	253,340 18,708
							17
	Total of all unrestricted funds	609,169	97,251	(137,579)	5,398	574,239

	Total funds	£614,244	£97,981	£(139,782)	£5,681	£578,124

14 Analysis of cash and cash equivalents

	Total Funds	Total Funds
	2023	2022	*Notes*
	£	£
Cash in hand Notice deposits (less than 3 months)	19,221 -	136,200 -
Total cash and cash equivalents	£19,221	£136,200

Notes to the financial report (continued)

15 Trustee and related party transactions

No trustees were remunerated for their role as trustees.

Rev. Andrew Birks received a stipend from the Diocese as the priest in charge

Eight trustees have together received £5,280 in expenses. All expenses were directly related to the charitable activities of the PCC. Expenses paid covered:

travel for trustees; cash required for bell ringers; supplies required for community events; cash for flowers; candles; gifts for helpers, lay readers and those baptised; office supplies and printing; organist and verger fees; supplies required for undertaking church maintenance and cleaning.

16 Staff costs and employee benefits

The church has employed 1 member of staff.

17 General Fund

The general fund used to include fixed assets. They have been shown separately this year to make it clearer that they are not available for general expenditure.

18 West Stoke Churchyard Fund

The diocese holds a restricted fund of £23,442 for the benefit of the upkeep of West Stoke churchyard. We use the dividend income from this fund towards the upkeep of West Stoke churchyard.

19 Parkinson Fund

The Parkinson Fund is for repair or upkeep for two specific seats, one in St Andrew's churchyard and the other at West Stoke Hall.

20 John Rank Fund

This fund used to be called the Sennicotts Fund.

21 Richard Elwes Fund

This fund used to be called the Organ Appeal Surplus.

INDEPENDENT EXAMINER'S REPORT TO Tbe Parochial ChDr¢h Coutteil of tbe Ecclesiastical ParLgh ofFunllDgtOD Ivith We8t Stoke and Sennieotts I report on the accounts of the Parochial Church Council (PCC) foT the year ended 31st December 2023, which are set out on pages 9 to 20. Resp0nJlbilld and bul$ of report As the mernbers of the PCC, you are restM)nsible for the prepaTation of the acLx)unts in accordance with thc requirements of the Chartties Act 2011 ('the Act,). I report in reSpt of my examination ofthe K¢ounts Carl out under Section 145 of the 2011 ACL and in carrying out my examination I have followed all the applicablc Directions given by the Charlty Commission under section 145(5)(b) of the ACL Independent lmIner'S statement I have completed my examination. I confirn) that no material matters have come to my attention in connection with the examination which gives me cause to believe thaL in any material respect . the accounting rcconls were not kept in accorthce with section 130 of the Charilies ACL or the a¢¢ounts did not a¢Lx)rd with th¢ accoting reo)rds; or the accounts did not comply with the applicable requir¢m¢nts concerning the forni and wntent set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'truc and fair. view. vthich is not a matter considered as part of an independent examination. I have no concerns and have come acro&s no other matters in CA)nnection with the examination to which attention should be drawn in this rep)rt in order to enable a proper understanding of the accounts to bc reached. Signed: Date: 10 March 2024 Christopher Pexton FCA 5 Tuffs Hard Bosharn Hoe Chlchester P018 8ET 21

TRUSTEES' ANNUAL REPORT

The Parochial Church Council of the Ecclesiastical Parish of Funtington with West Stoke and Sennicotts

For the year ended 31st December 2023

CONTENTS

Our aims and purposes as a charity

What we planned to do to achieve our charitable objectives

Attendance at worship

Teaching, baptising and nurturing new and existing believers

Evangelism and outreach

Provision of the church building for people to enjoy

The church buildings.

Services

Provision of pastoral care for people living in the parish

Other charitable giving

Staff costs

Trustee payments and expenses

Office costs

Repairs to the fabric of the church building.

Why we hold some money in reserve

Structure, governance and management of the charity

The Parochial Church Council of the Ecclesiastical Parish of Funtington with West Stoke and Sennicotts

2023 Annual Accruals Accounts

Statement of Financial Activities

1 Accounting policies

a Accounting convention

b Funds accounting

c Income and endowments

Donations and legacies

Charitable activities

Other trading activities

Investment income

All other income

Gains and losses on investments

d Expenditure

Grants

Church Activities

e Fixed Assets

Tangible fixed assets

Depreciation

Investments

f Current Assets

Notes to the financial report (continued)

2 Analysis of income and endowments

Notes to the financial report (continued)

3 Analysis of expenditure on:

Notes to the financial report (continued)

4 Missionary and charitable giving:

5 Staff costs

Notes to the financial report (continued)

8 Fixed Assets

Notes to the financial report

9 Analysis of net assets by fund

10 Debtors

11 Creditors: amounts falling due within one year

12 Creditors: amounts falling due after more than one year

15 Trustee and related party transactions

16 Staff costs and employee benefits

17 General Fund

18 West Stoke Churchyard Fund

19 Parkinson Fund

20 John Rank Fund

21 Richard Elwes Fund