Charlty Reglstrall¢Jn Nfy 1179594 Company Registrntion No. 11213803 ienglfjnd •nd WaleB) HAILSHAM PARISH MISSION TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
HAILSHAM PARISH MISSION TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru•tMs N L Baird Rev T A Cann MT C J Dadswell Dr L GBrvican J Harden MT8 P J Brooks Ch•rtty number (England •nd W#lMI 1179594 Company numb•r 11213803 Prlnclp•l •ddr• Chgnty House 22 Upperton Road Elbourne E1 SU8X BN21 1BF R•glat•r•d offlce Chantry House 22 Upperton Road Eastboume East Su¥i•x BN21 1BF Ind•p•nd•nt •xarnln•r Jacob Blr¢h FCCA 22 Upperton Road Ea$lboum• East Su8sex BN21 1BF nk•rn Barday8 B8nk PIC 83- 67 Temiinu8 Rood Ea8tboume Ea$1 Sussex BN213PQ
HAILSHAM PARISH MISSION TRUST CONTENTS P•g• TwJtee$' report Statement of Tru8lee¥' re4)onslbllbtse8 Indepennt examlMrf8 report statnent of financlAI adlvrtle• St•tem8nt offinandal po•Nlon Not to the flnandal stAtom•tt• 7-13
HAILSHAM PARISH MISSION TRUST TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annu81 report and finandal ststements fci the ye8r ended 31 December 2024. The financlal statements hav¢ been prepared in a(OrdanCe with the ac¢ounting policies set out in note 1 to th8 financial statement8 and comply with the trust's Memorandum and Artides of A85Oryation, the Comp8nles Act 2008 and 'AcUtIng and Reporting by Charities.. Statement of RerLJmmended Practice applicable lo charitie5 preparing their accounts in accordance wilh the FinancAal Repo.n9 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 JanuAry 20191" ObJ•¢tlve4 and actlvlllo• The trust's o¥¢¢t$ are to advance tha Chrlstian faiih In accordance wlth the Sloltsment of Beliefs in 8uth ways and Buch parts of the Untted Kingdom orthe world a8 Ihe Twsteès from b'me to time may think fft. The Trustees h8ve agreed the most èffe¢tlve way to ensurts the good now$ of tho Chri8tian go8pel 18 falthfijlty preached In 8nd around Hallsham18'. To support HBllsham Pgrish Churth a5 lorMJ as it sh8re8 the samè dotxrfnes, bellefs and vl$Son by provhllng granl fundlng for the purpo$& ol 9mplong rnlnlstry staff To hold a re$ep4e of funds for tho purpoBe of fomlng a new indepeThJenl Church in thè fulurt accordance wth the 618lemanl of beliefB should lh& Churth of England fomi81ty move from Its hl8toric formLlafies Sn tam8 of its doctrkneg, Illurgy or practice. There hava ba•n no change8 lo these slr8legies during the year. The Trustee8 have pold duB regard lo gUIdan issued by lh• Charfly Commi8sion In d•ddlng what actitIo8 I trust should undertake. Achl•v•fflents and p•rformanc• During the ye8r the Trust W88 able to make a furthgr gronl lo the PCC of Hpll$hom PDrfvh Church IHPCI of £17.271 lo cover th• ¢061 of employing 8 thildren and fam111&8 worker. The poslhtslder moved away from the area in the Autumn, and re¢Nllrnenl ol a r&pla¢ernenl began. We look forward lo contSnuSng to fund the new 8ppoinlee In 2Q25. The Tru8t has ben in ongoing conv•r&aiOon& with repr•8entaliveB of the PCC of HPC around providlng flnancial support lor the employment of an Assouate Vicar for the Church. The curtenl inojmbenl of the Churth. having moved from hls role 86 Associala Me4r, ha8 left a gap in Staffing meaning some 8CtfrvS1ies have been ¢urt8iled. The Trustees are keen lo support any appli¢alion lor funding when an appThntm8nl 16 made 80 as to s¢¢ reBources for gospel ministy in Hailsharn grvw, but we irrformed that no Suitable candid8te8 hove yet come forwgrd.. Flnnclal rnvl•w The Tw$tee$ continue to be amazed by God's In¢redible provlskn for the Trust durfng the year and to the contlnuln9 generosity of an Incrèasing number ol donors. Ino)mg forthe year amount8d to £64,757 (2023.. £74,365) nduding donations and relat•d glft aid of £60,63512023'. £71,444). EXnrture totall8d £17.56112023.' £58,050) leadlng to a surplus of £47,19812023'. Surplu8 of £18,315). The Trust continues to have a firm Ilnancial footing, wth a pool of reserves to be used li the future to form a new Church should r( prove necessary. The Tnjst has estatAishgd regular finando18UPPOrt from donors )d wiw look to continue supporting go8pel ministy.
HAILSHAM PARISH MISSION TRUST TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 R•8erve> Policy The tru51ees can see there may be a n88d for an 'lndependent' Anglun Church #i Hailsham, il th8 day ever came en it was no longer possible for Ble-belieVIng Chrlstians to remain part of the Church of England. The Twsl will be able lo operat¢ as such should the need arise and c¢nsid•r it should maintain a re8orv8 8qLrivalent to an estimate of six rnonth running costs of a new Church. The best estimate of the initial 6 rnonths, expenses and selup costs is £110,OCM) less the best e$llmate of the infftal 6 months, fegular giving {currently £28,000) me8n8 8 reseNe of £82,000 should be m8lntslned. This reflects that any thange would not hoppen ov8might and there would be Ilrna to switth further giving to the TrusL Th& calculation will be ¢on$idered by Ihe trustees annualty, Sn Ilghl of any updates to e61imatas. AB at th& bglance sheet dale, ie5erves Stood at £165,40812023.' £118,210). Rl¥k a*•M8ment The Truslees have asBessed the major rl8ks lo which the trust 18 exp08ed, and are $8llsfied that sy8tern8 afe In plgca to mitlgate 8XP08ure to tho m8jor rl$k6. Structur•. governanc• •nd m•Mg•m•nt The tw$1 18 g company limrted by guarantee governèd by Its Memorandum and Articl9¥ of A$soaation, company reg1510 numb¢r 11213803. The TnJ81 is regislered whh the Charity Commi33ion for England and Wales, Teg181r8tlon number 1179594. The Tw$l¢&$. vtho ara also Ihe dlTecaor8 for the purpo8e of compgny18w, and who sèNèd during the year 8nd up to the d818 of wgnature ofthe ffnancial stst&m•ntS W8ra'. Mr N L Balr(I Rev T A Cannon Mr C J Dadsw•ll Or L GaNkan Mr8 S K F Groham Mrs J Harden Mrs P J Brooks IR•signad 2 August 20251 Ag Ihe nt•d gris•s, prrtspecove new board member8 wrfh $ullgbl¢ gifts and abllitses who sharo tha 810n and beliefs of the Trust a$ sel out th• slatement of faith are recommended by exSstin9 Trustees. If wilbng lo serv•. they are opptsint8d and briefed on the wowk of Ihe Trust. None of the Trustees has any ben¢fi¢lal intèr•#t in the company. All of the Tru8l¢es •r¢ member8 of the company and gugrgntee to contribute £10 In the event of 8 wlndlng up. The Trustees. report wa8 approved by the Board ofTru8t8e8. Mr C J Dadswell Tru6tee
HAILSHAM PARISH MISSION TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees. vjho are 8180 the diredors of H8ilsh8m Parish Misslon Trust for the pUose of company law, are respons¢ble for prepgrtng the TNstees' Report and the finanaal statemen1$ In accordance wth apF4icable law and Un5ted lQngdom Accounting Slandards (Unitad lfjngdorn Generalty Ap1edAcC0Unts.ng Pr8dic&). Company law requlres the Trustees lo prèpa flnancAal statements for each )Inanao1 year which g8 a true and fair vlew of the st8te of affalrs of the trust and ol th¢ inrLJming resourcas and applicatson of resoure$, Indudlng the income and expendlture, of ihe charable company forthat ye8r. In prep8rfng these ffinancial statwnents, the Trustees are requked lo.. select suitablè a(rounting poliaes and then apply them consistently; obgeNe the methods and principles In the Charities SORP., make judgafflents and esllmates th81 are rea8onable and pwd&nl'. state whether applicable UK Accounting Standaids have besn fomowed, sublecl to any materlal dep8rtuw8 dlsdosed and éKpl•lned In the financial slaiements., and preparo th¢ finanrial statements on the golng 0)nrn bas18 unle98 tt18 InappropriAle to presurne ihat the Irust 11 continu8 in operallon. The Trustees Ara reBponslble for keéping adequate accounting records Ih8t dlBdo8e th ro880n8e accuracy at any me finBncial p08iilon of th• trust and enable them to ènsure that the fin8nual stslements comply wilh th& Companieg Act 20Cfj. They gre also r8$pon$ible for safeguarding Ihe asset8 of th& tru8t 8nd hence for taklng reasona step8 lor the preventlon 8nd delec*on of frnud and other irregularities.
HAILSHAM PARISH MISSION TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAILSHAM PARISH MISSION TRUST I re)rt to the Trustee8 on my examination ol the finanaal 8talement8 of Hallshom Parish Mi551on TN31 Ilhe Irusll for the year ended 310g¢ember 2024. Re•pon•lbllbtleJ and bas1• of r•port As th8 Trustees of the trust land also rts dlrectors for Ihe purposes of company 18wl, you are respon3ible lor the preparatlon of th• finanaal statemenls in accordance with the requirements of Ihe CompanlesAct 20(k8. Having 59tl8ffied myself that the finanaal statemen15 of the trust are not required lo be audlted under Part 16 of the Companies Act 2006 and are eligible for independent exominalion, I report In respect of my examination of th& truBt'8 finawal statements carried out undor s8¢tlon 145 of the Charities Act 2011. In carying my eyaminab.on I hgve followed the Threclions gNen by the Charity Commison under sectlon 145{5llbl of the CharitiesAct 2011. Ind•pendent oxamlnor's ststèm•nt I have comp4eted my examination. I confirm that no matlars have corne lo my •tt•ntion in eonneciion with the exarnSn81ion glving me Gguse to believe that in any maledal re$pe¢t'. acLounting record6 were not k8Pt in respect of the trust a8 requlred by sectk)n 388 of the Companl¢s Acl 20Ce. the financial statèments do not accord wlth those reujrds,. or the financial 8talemtrnls do not comply with the accounting requiremont$ of section 3S6 of the Compgnies Aca 2006 olher than any fequlTement Ihot the fin8nclal 8talements glva a truè and lolr view, whlc* IB a ma¢l•r considered as part of an Indap6ndent examinalion., or the financial 8tat8ments have not prèpared In accordance wfth the methods and princlple8 of th• Stat8ment of Recommended Practi for a¢¢oUn'ng And reporting by tharrti•s applicoble to chaTllleB preparing thebr finandal statements In aordanCe with the Financial R•porbng Slandard aprAicable in the UK and Republic of Ireland IFRS 1021. I hav8 no concems and have come Èu098 no other matters In connectlon wllh th• exgmlnotlon lo whlch attention should be drawn in Ihl$ report in order to enoble a proper understsn(Ing of the finandal Statements lo b• Mached. J•cob Blrch FCCA 22 Uppwton Road E8slboum8 East Susstrx BN21 1BF Date.. .
HAILSHAM PARISH MISSION TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEM8ER 2024 Unr•8trfct•d RoBtrlcted funds fund$ 2024 2024 Total Unr•8trlcted Re•trlcted funds fvnd 2023 2023 Total 2024 2023 Income from: Donation8 and legac4e$ Invesknents 56,982 4.122 3.853 60,635 4.122 47,424 2,921 24,020 71,444 2.921 Totsl incom• 81,104 3,653 64.757 50.345 24,020 74,385 Expond5turn on.. charble actlviUe8 290 17,271 17,581 234 55.818 $8.050 Totsl •xpondltur• 290 17,271 17,581 234 55.818 56,050 14•t Incomell•xp•ndltuf•l 60,814 {13,8181 47,196 50.111 {31,7961 18.315 Transfer8 bets¥e8n fijnds 12 113,6181 13.618 131.7981 31,796 Plet may•nI In fund• 47,198 47,196 18.315 18,315 R•conclll8tlon of fund•: Fund balancé8 811 January 2024 118,210 118.210 99,895 99,895 Fund balance• at 31 Decèmb•r 2024 165,406 185.408 11B,210 118.210 The tstatement of Itngnclal adlv116e& indudes all galns and108Se8 recognlsed In the year. Ml Int¥ •nd expenditure derive from continLNng 8¢tlvllle8.
HAILSHAM PARISH MISSION TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 Cumnt a•g0ts TfAde and other reivabl Cash at bank and ITr han¢J 11 2,557 182,849 2,126 116,084 165,408 118,210 N•t current u••t• 185,406 118.210 Th• fund• otth• tru•t Unrestn'ded lundi 13 185,406 118,210 185,408 118,210 Tha company Is entitled to the ex9mptsn from the audlt requirnI ¢onl•in8d in section 477 olthe CompAnla8 Act 20(, lor the year 31 O•c•mber 2024. Thè dlractor acknowledge8 her r88ponilbllltl88 for complying with the roqulrem•nts ol th• Companles Act 2008 wrth respeci to aCUnting reeords and the praparatron of fjnanrAal statements. The members h8v8 not requlred the ccfnpany ID cbtsln an Audlt of it3 fin&nci•l ¥tatwn•nts for th• yaar kn quesfjon In accordance sectlon 476. These flnancial 5tal?mgnts haw b•an prepared in accord•nco th Ihe provisions appIlble to wnpanlos S)leCt to the small companies regime. Thè finairclal ments wdre apprOd by the TrU3ts on .... .¥K t4vsuSt IDIJ Rev T A Cannon Mr C J Dad5woII Trut•• CcAnpany feglstratton number 11213803 (England And Wale81
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng poll¢l•• Company Infomitltsn Hailsham Parish Mbssion Twsl is a private company Ilmltèd by guarantee Incorporatecj in England ond W#k¥. The regi6t8red office is Chantry Housè. 22 Upperton Road, Eastbourne, Ea¥¢ Sussex, BN21 1BF. 1.1 Accountlng conventlon The finanoal statements hAve ben prepared in accordance wrth th• tru$f8 Mgrandur and Article6 of Associats'on. the Companies Act 2006 and 'Aecounting Und Reports'ng by Charrties.. StAtement of Recommended Practice applicable to tharities preparing Ih8ir aecounts In a¢wrdancg with the Finanoal Reportlng Standard applicable in th8 UK and Republic of Irèland IFRS 1021 (effective l January 20191" Thè trust 18 a Public Benefit Ents'ty as defined by FRS 102, Thé trust hag 18ken advantsge of the provision¥ in the SORP for chariles appI.ng FRS 102 Llpdats Bull?tin 1 not to pr8pare a Statem¢nl of Cash Flows. The financlal statsmènts or• prtparèd in slerfing, which is tho functional currency ol the trust. MonetAry amount8 In thes8 finan&&l 6tstements ar• roundèd lo the neafe8t £. Th8 fingndgl $tsternents have been pr•p8rnd under th? hi¥loric&l cost convention. Thts pnn¢Wo1 a¢¢ounty'ng pollries adopted are set out b810w. 1.2 Qolng conc•m Al th¢ lirne of approving th8 finandal statèmènts. the Trustees ha 8 r8asonabl• axpèctsllon that the injst has adequate resour3 to contbnue in operational existonts lor the foreseeable future. Thus the TrttseS conbnue to adopt the going concern b•g18 of •¢¢ouith'ng in preparlng tha fin9nclal statements. 1.3 Ch4rllabl• fvnd• unStricted funds arn avJilabl• l¢r usts at the discretion of th• Tru8t8ès In thJrtheranc8 01 their tharitabla objecVes. Designated funds carnprfg& fundg whi¢h hgve been set agld• at the dlstt•tlon of th? TNstees for 5wfic purposas. Th8 purpo5 and use3 of the designgted fund$ ore set out in the notes to the financi81 gtat•ment8. Rtricd funds are subject to speafic cond.n$ by donors or grantors 88 to how thay may be u¥ed. The purpoB88 and ustss of th• rByiricted lunds are set out In the not•$ to the fin8nE4al gtatements, 1.4 Ineom• Incom8 Is recogni8ed when the trust is *alty entided to it Bfter any perfoFrnaTrce condth'ons ha en m?1, the 8rnount5 can bo m6asurad rèll8bly, and il is probable that income wll be r8ceivèd. Cash donabons ar• recogni on receipt Other donations ara rèeognia8rJ On the trust has be8n notifi8d ol thè donatson, unl8S3 pert0mlan conditions require def9rr81 of the amount. Income tax recoverable In relatlon to donatsons received under GiftAhl or deedB of covenant is rBCognI5 31 the time of the donats'on. Legacie5 are recognised on receipt or othen¥is8 if the trust has been notified of an impending distribution, thè arnount is known, and ceipt 18 expected. If the amount is not known, the legacy is treated as a conbngenl 83sel.
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcl•¥ {Continuedl 1.5 ExpendlturB Liabililyds are recognised as expanditure as 500n as ther8 Is a legg1 or constructive oblig81ion commitbng the trust to that expenditUTe, ft is probable that 8 tronsfer OT economlc benefits will ba required in ssttlement and the arnount of the obllg8tion can be measured reliably. EKpendtture IB accounted for on an accrua18 ba61s 8nd has bèen dassifd under haadlngs thal a99regate all cost related to the category. W)ere costs cannot be directty attrfbuted to pa.lar headlng8 they hgve been allocated to aclivrtie8 on o basis con818tent with the u$$ of résources. 1.6 Ca•h and cmh equival•nt• Cash 8nd cash equivalents indude c88h In hand, deposits held al c81 wlth benks, 0th8r Shoten Ilquld Investments wfth orlgln81 malurities of three months 0118ss, gnd bank overdrafts. Bank ov¢rdrafts are shown wllhln borrthvings in cuent liabil?8. 1.7 Fln•n¢l•l In•lrum•nts Th• tnjsl hos elected to appty the provl$Sons of S8dion 11 'Bastc Flnan¢lg1 Instruments, of FRS 102 to 011 of Its financial instrument¥. Finandal in8trum•nt$ are recogn18ed In the Iru8V8 balanc• gheet when tho tru8t CoMe8 Party lo th• c(>ntradual prtsv18Ion$ of th• Instrument. FinonciBI assets 8nd liabilitie5 are off8et, wtth th• amounls presenled in th¢ financial statemenls, when thère is a legally enforogable r¥Jht to 8èt off the recognised amoun18 8nd there is an intention 10 8¢tde on 8 net b8$18 or to reali8e the g4sset and 8elUe ihè118bility 81muttaneouBIy. B•sl¢ flnanel•l •s••ts Basr financial a55ets. whlch inchjde trade and t)ther receivables and c4sh and bank balances, ar8 initlally measured at transaction price includlng tr¥nsaction cosis and affj $ubs8quanlty carried at amorbsed cost using the •ff•thve interest method unless the arrangement con31ilule8 8 Ilnanang transaction, where th transaction Is measured al the present v8lv¢ L)f the lulure receipt$ dl$¢ount8d at 8 market rale of intero$1. Flnandal assets clossified as receivable within ona year ar8 nol amortised. 80s1¢ IIn•neI Ihbllltl•s Basic financial liabilitbs, Induding trade and other payBbl•s and bank 108n8 are inrtlally r&cognised at transacbon prlc¢ unless ihe arrangement constllute5 8 finanang tran88don, where the debt Instrument 18 measured al th? present volue of the fijture p3ymenlg discounted at a market r8t8 ol Interest. Finanri81 I18lItieS d8ssrfi8d as payable With one •r ar• not amorbsed. D•bt Ingtruments are subsequently c8Nl¢d gt amortised c06t, using the offedive interest rale rnelhod. Trade payables 8r& obligations to pay for gotrds or servlces that have been acqulrod in the ordinary CCJTse of operations from suppliers. Amounts payable are classffied $5 current Ilaly'lities rf payment is due wllhin one year or less. If not, they are PTesonted 88 non-current liabiSibes. Trade payables are recognised initially al Iron6action price and Buequ measured at amortised cost the effe('ve interest method. D•r•cognlUon of finanoio111obllhl•s Fin8nclal Ilabillties are derecogni8ed when tha trust's contrasaval ot4igations expire or are di5tharged or cancelled.
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 CrItI1 a¢counting utim*t•• #nd judgements In the ap[AIca.on of the trust's accounting policK8S. thtr Trustees are requlrod lo make judgements, estirnales ond 08sumplions about the carwng amount of assets and liabilities Ihat are not readily apparent from oth•r sources. The estimaies and a6s0cfdted assumptions ¥re based on historical expwlance and other factors Ihat are eLinsidered to be relevant. A¢tual rosults may dffter from Ihese estimaies. The •8tOmaleB and underfylng aBsumptions are rwifftd on an ongolng b8818. Revlslons to accounllng esllmatss are re¢ogni8ed In the period in which the estimate is revised where the revision affects I[Y that per, or in the period of Iho rev181on and future penod8 where the revlslon affects both (yjrrent 8nd luture perlod8. Incorne from doMtlon• 4nd l•g•cS utrICI•d R••trlcted fund¥ fund8 2024 2024 Totsl Unrn8trSctsd R••trl¢t•d lund• fund• 2023 2023 Total 2024 2023 Donations and grfts Income from affiliat& programrn&s 56,865 3,653 80,518 47.291 24,020 71,311 117 117 133 133 56.962 3,653 80,635 47.424 24,020 71,444 Don4tlon• and glft8 Don8tion• Gfft ald recljvered 48,$37 8.328 40,578 6,713 23,425 $95 04,003 7,308 570 8.898 58,865 3.653 80,S18 47,291 24,020 71,311 Inc<#n¢ from InvMlm•nt• Unre•trlct•d Unr••trlct•d lund• funds 2024 1023 Interest rece•ble 4.122 2,921
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expendltur• on charitable activitie8 Ch•rltsbl• •xp•ndlture Charitable expendSLura 2024 2023 Dlr•ct costs Grant funding of (se8 note 61 17.271 55.816 Sh•rn of•upport 4nd gov•rnanc• colts IM• nots 7) Support Gov8mgnce 140 150 134 17.561 An•ly•h by fund Unrestricted fund¥ Restricted fund8 234 55.816 17,271 17,561 Gr¥nt• p•y•bl• Ch•ritabl• •xp•ndbiur• 2024 Chadlable xpenditure 2023 Grants lo initotuULN)s.' Support of trolning cumte Support of thildren and lamllBE workor 36,869 19.147 17,271 17,271 55.818 Support eo•ts •lloc•ted to •ctlvlti Z024 2023 Bank charges Governar¢ ¢ost$ 140 150 134 100 290 Charitable expendilure 234 10-
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support co•ts alloc•t¢d to a¢tlvlti Icontlnuodl 2024 2023 GovomAn¢e comprl•e: Independent exomingtion 150 100 150 100 TN•t• None of the Trust3 {or any persons ccfflned•d wllh thom) recefved any remuneratlon or beneffts from the tnJ81 durtng the y&8r. Totsl aggiegate giving r¥c•lv•d frorn the Tru8t•8$ •nd related parues was £13,52712023.. £11,920). Employ••• The average monthty number of 8mploye88 durlng the arWa8.. 2014 Numb•r 2023 Numb•r Totsl There were no employee• who88 8nnu81 remuneration was more than £60,000. 10 T•¥•tlgn The ¢harity 18 éxempt from laxauw on IIB advltle8 ¢•U¢• all rtB Income bs appllad for d)arftable purpo8•8. 11 TrAd• •nd other rnG•lvabl 2024 2023 Amounts falllng due wlthln on• Yr. Other recelvatAes 2,557 2,126 11
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 R•trlct•d lund• The reslricted funds of the chJrity eompn'se the unexpended balan¢e8 of donations and grants held on tru8t subj'ect to speufic conditlon¥ by donors as to how they may be used. At l January 2024 IncomlNJ ruourc•• Re8ourc•• •xp•nd•d Trn•fvr• At31 0Mber 2024 Hail$h¥m Parl$h Churth Staff 3,853 117,2711 13.618 Pr•vlou• Y1. At 1 Janu•ry 2023 In¢omlng rnjourc R••ouvc •xpond•d Trn•f•r¥ At31 D•c•mb•r 2023 Hai18h8m Parfsh Chur( Staff 24,020 (55,816) 31,796 H•llh•m Parl•h Church Staff A8 OUtlln8d In the Truslee8' report, the Tru31 hgs 2 objeclSves - To support staffing c08ts for mlnl81ry st8ff of Hgllsham Parf8h Churth IHPCI - To raise fund$ fortho fom)01Son of a new Churt should the neod arise. There had been an implKalion that dcOr9 were ignorant of this focl and that the only activty w8$ lo grant funds lo HPC for mlnlsty $laff costs. Durfng 2023 811 donors were contactsd and asked to Sndicate rf Ihek glvlng to Ihe Trust should bo r¢$lrf¢t8d only for use lo support th• lunding of staff members 8t Ha1haM Parish Churth IHPCI. Almost all of Ihose conlacted rnsponded wilh almost 95¢10 of respondents IndicatiThJ they 8UPPOrted the Tw$t In all ¥&pects ol its ministry. A51 who indicated they required their giving mlricled h8ve been tr8at8d as such and. lor the sake of prud•nry. gNing from any who did not re8pond h8B a180 be treated 8¥ restridod. AJI r•strfdad funds recefved werè expend•d the year on granlB lo the PCC with a shorrfan beiro tsk•n from the unrestricted reserve¥. 12-
HAILSHAM PARISH MISSION TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Unmtricted fund The unrestricted fvnds of the charity comprise the unexpanded bal8ncs of donations aThJ grant8 whfth are not 8ubJect to specific condition8 by donors and grantors as to how they may be Used. Tha$ Indude designated funds whith hv8 been set aside out of unre8trlcted funds by the Irv8tees for specific purpose8. At 1 January 2024 Incomlng Re•ourc•* r••ourc •xpond Tr•n•f•Y• At31 D•cember 2024 Independent Churth tup G•nèr•l fvnd8 82,OC4J 36,210 82,000 83.406 61,104 1290) 113,618) 118,210 61,104 1290) 113,6181 185,408 Pr•vSou• y••r, At 1 J0nry 3023 Incomlng Re•ourc ruourc•• •xpend•d Tr•n•l•rn At31 D•cernber 2023 Independ8nt Churth Belup General funds 77,DJO 22,895 5.QJO (38,7981 82.Crt)O 36.210 50,345 (2341 99.895 50,345 12341 (31,7981 118.210 Ind•p•nd•nt ChuKh ••tup The trust•88 see there may be o neèd for an 'lndep•nd•nl' Church In Hallsham, If the day ever came whèn 11 wa3 no long8r posslbl• for Blble•belie¥ing Chrf8tlèn8 lo remain part of the Churth of England. Regevves havg been retained to cover the costs of selup and eXndItUre for the first 6 months ofthe Church, net of gntidpated givlng during Ihat period. The wa8 adju8ted to t8k¥ aCcOt ol innatK)nary pressures on costs and increa8eB to monlhly giving. 14 Related lty tranuctlon• There war• no dL4dosabl8 reLgted party transactlons dL¥lng th• ytr8r12023- non•l. 13-