## **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**
|**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.
1
## **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.
2
**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.
3
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.
4
## _**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.
5
## _**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.
6
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|
8
## **Statement of Financial Activities**
||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2023**|_Total Funds_
_2022_|**_Notes_**
_2_
_3_
_7_|
|---|---|---|---|---|---|---|---|---|
||||||||||
|**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_||
9
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.
11
**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.
12
## **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_||
||||||||||
13
## **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_||
||||||||||
||||||||||
14
## **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_||
||||||||||
||||||||||
15
**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_**|
|**7 Analysis of transfers between funds**|||||||
|---|---|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Endowed**|**Total Funds**|_Total Funds_||
||**Funds**|**Fund/s**|**Fund/s**|**2023**|_2022_|**_Notes_**|
||£|£|£|**£**|_£_||
||-|-|-|**-**|_-_||
||**-**|**-**|**-**|**-**|_-_||
||||||||
16
## **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_||
17
## **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**|**Restricted**|**Endowed**|**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**|**Unrestricted**|**Restricted**|**Restricted**|**Endowed**|**Endowed**|**Total Funds**|_Total Funds_||
|---|---|---|---|---|---|---|---|---|---|
|||**Funds**||**Fund/s**||**Fund/s**|**2023**|_2022_|**_Notes_**|
|||||||||||
|Deferred income
Accruals for utilities and other costs
Other creditors||£
-
-
-||£
-
-
-||£
-
-
-|**£**
**-**
**-**
**-**|_£_
_-_
_-_
_-_||
|||**-**||**-**||**-**|**-**|_-_||
|||||||||||
18
**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_||
|||||
19
**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.
20
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