Annual Ftnancial Report The Parochial Church Council of the Ecclesiastlcal Parish of ST MARTIN, STWILFRID AND ST ALBAN, BRIGHTON St Martin's Church, Lewes Road, Brlghton. BN2 3HQ For the year ended 31st December 2024 CONTENTS Pages Trustees Annual Report Statement of financial activities (receipts and payments) Balance sheet (Assets and Liabilities statement) Notes to the accounts Ito6 9t015 Report of the independent examiner 16
ence And Administr Inforni The Parish Church of St Martin with St Wilfrid and St Alban is in the D&ery of Brighton and the DI0$¢ of Chtchester. St Marttn with St Wilfrid and St Alban's Church is sIttted on the junction of Lewes Road and Trinity Street in Brighton and serves those areas fornierly served by the now redundant chUh¢S of St Alb Coombe Road and St Wilfr1 Elm Grove in addition to the fonnerParish of St Martin's. The Parochial Church Council C) is a clwity restered the Charity Commission. Charity Number 1181433. The correspondence address shall be: St Martin's Vicarage Upper Wellington Road Brighton BN2 3AN Incumbent: The Rev'd Canon T Buxw SSC St Martin's VI&age Upper Wellington Road Brigbton BN2 3AN Bank: National Westmxnster Bank Unit 40 56 Churchill Square Brighton. BNI 2RG Property Managing Agent: Mr Paul Kendrick Kendrick Propety Services 10-12 Lewes Road Brighton. BN2 3HP Treasurer: Mrs B Burchell 64 Hi8hbank Westdene Brighton, BNI 5GB Independent Examiner: Mr Mike Jackson ACMA CGMA 3 Somerhill Court Holland Road Hove BN3 IRQ
Struct Govern an ment The method of appointment of PCC members is set out in the Church Represeirtational Rules. All church attendees are enci)uraged to register on the Elector Rokl and to Stand for dection to the PCC. Members of the Parochial Churcb Councxl are eÈther ex-officio or elt by the Annual Parochial Church Meeting in accordane2 with the Churcb Representation Rules. During the year the following serv1 as members of the P8rcKhial Church CIKmcil.. Incumbent The Ilev'd Canon Trevor Buxton, SSC. B.Ed Chairnk Mrs A Way Mr D Whittington Representstive on the Deanery Synod Mrs Clare Phelan Mr B tawren¢e (also Vice Chairntt7n PCC) Mr Bradley Cox Elected Members Mrs B Burchell (Treasurer) Mrs R Charles Mrs J Hollingdale (Ikputy Clwrch warden/Safrgud1ng Officer) Mr T Hollingdale Mrs H Martin Mrs M Powell Mrs C Wellard 2 Vacancies Commi The Par(Khial Church Council operates a series of committees which can tneet at any time between full meetings of the Parochial Church Cwncil. The Standing Committee overse&s the Finance and monitors all the work of the Parish and its budgeting and financial implications. This cA)mmittee oversees the management and maintenance of the patish church and properties. Having now received the new Quinquennial Report 2023, this continues to guide the and rigorous planning for ongoing maintenance of the church. FundRa&sing Conumi This committee oversees the organisation of public events such as fayres and jumble sales as well as the domestic Sla1 gatherings.
Indueti nandTr inin CC Members Metnb¢rs of th¢ PCC are made aware of their responsibilities by a "buddy system" in which already existing members share their inforn)ation. The Chairnian explains responsibilities as meetings progress and members with specific responsibilities benefit from training courses arranged by the Diocese or the Deanery. dissemination of appropriate reading matter" reports by the relevant members on their experiences at C(X¢t1 meetings. Anal In accordance with the policy of the Parhla1 Church C(xmal, the risk analysis dcKument will be reviewed at the first meeting of subsequent CAxmciIs. and A tivities Primyd With its niission statement of -as children of G(Kt we the people of St Martin with St Wilfrid and St Alban seek to maintsin the Catholic faith and serve the local community". the Parochial Church C(xmcil works in cowation with the Vicar. Canon Tr¢vor Buxton. The Parochial Church Council acts as Trustees for the accounts and fund management and decisions relating to the life and welfare of the pIsh d]urclL io n1n1n10g the p&stor, evangelistic, social and ecumen1 work of thÉ8 part of the team. New Wa erme riAI Tr In aLrordance with the Tn)st the APCM elects two members of the PCC to serve with the Incumbent and Church Wardens as Trustees. In 2024 the Trust members were.. The Rev'd Canon Trevor Buxton (Er officio) Mrs Brenda Burchell (freafurer) Mis Janice Hollingdale fEkctedMember) Mr Brian tAwrence (Elecledmember) Mrs Angela Way (Church Warden) Mr Daniel Whittington (Church Iyarden) Contri ution of Voluntee St Martin, with St Wilfrid and St Alban is proud of its volunteers who give their services to maintsin its work and withess. No Trustees, i.e. Church Council Members, a paid to act &8 Trustees or Council Members. Grallt Makin an Chari leD onP lic The Parish ¢ngages in fijnd raisin8 in relation to its Christmass, L¢nt and Harvest tivitieS tO8ether with other occasional events. It does not make a Splf1¢ per¢entage clwitable donation from its regular giving but tries to support local charities wherever possible. A hievem t8 and P rforni nces At the APCM of17th March 2024 the ElectoraI Roll stood at". 23 Resident 50 Non Resident Total 73
PCC Meetin Attendan The PCC met 4 times durlng the year and the attendanrx figures were 7/. vi of Activi Th¢ PCC remains committed to the Brighton Wagner Group of parishes and a programme of ¢elebrdtions has been drawn up for patronal festivals and other major solemnities. The clergy, together with lay representatives, continue to meet oa a regular basis. There wa8 also another Group Pilgrimage to Walsinghatn in Au8USt 2024 wlLere old acquaintanLw were renewed and new frKendsbips were made and another is planned for July 2025. The Easter cdebration went ahead again this year with members of ail wngregations joining tn. This is b(K)ked a8aÉn for 2025. The prospect of redevelopment of the church continues apace and meetings have been held throughi)ut the year with Sir P&er Field fa¢ilitatiog advancements and recently fonnal consultations with the DAC. The close rdationship between the worshipping c<)mmunity and that of St Martin's School continues to prosper. Mrs Joshi continues to develop this link and takes #n acttve part in promoting s¢h(x)I worship.. The Cixmoil noted that the New Wagner Tnth had financiaEIy supported the Year 6 tsip to St Paul's Cathedral and the Chi¢hester I£avers' Service The PCC were pleased to continue to support the family plaYgr(p facilitated by the release of a sthool member of 3t8ff one morning a week and are delighted that she is Support by volunteers. Fuod raising Continues to be a sixwce of inLx>rne and fellowsl)ip. The Fund Rw'sing Committee much appreciate the support given by themonday Group. It is hoped that the150 Amiiversary Flower Festival will add to this fund. It is sad that people do not come forward to open the church on a voluntary basis. However, every effort is nwle to keep it open whilst Sacristy and maintenanc£ work is undertaken. Use of the churth by the local ¢ommunity, indudin8 three local authority primary School4 continues to occur. St Wilfrid's Halls and the Rally Hall continue to be nJor source of income. Sadly renewal of the leases continues and we will welcA)me the wmpletion of this work. Mr8 Smee conlinues to be employed to undertake the Wwer Hall and church b(K)langs and Kendricks Propety Managem¢nt a)ntinue to administer St Wilfrid's and Rally Halls. The family tables at the back of church continue to be a vglued rescrtwce and the counctl appreciate the team who provide the teaching given by a small group of volunteers on Sundays during terni time. From the Autumn term 2024 suitable seasonal material was made available on these tables to be shared between adults and Children. UArdi The Council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016. Safeguarding continues to b¢ a high priority for the council who are infornied of any new itiitiatives aod the broadening pe ofvulnerable adults. All the PCC members have undertaken the relev&nt on-line saf¢guarding training and their certificates are on file in the Parish Office. All clergy and the Safeguarding Otyicer are up to date with their training and Mrs Hollingdale has undertaken the Leadership Training as required for her role as Safeguarding Officer.
Any DBS thecks required are undertaken &crding to 8uidelines and we are up to date with these. We are currendy taking part in th¢ pilot rdating to the new Dashboard initiative which will replace SQP. The Council have followed the guiddines rUIred by the legislation cK)nceTning GDPR and continue to monttor this. The Nfjssion Action Plan will be reviewed at the first meeting of the PCC after the APCM. inn In considering the a(x(xmts the PCC not¢a that the year finished with a surplus of £1074 in Incomin and Ou in The totsl receipts on general, unrestricted funds were £78241 and are detailed in the Financial Rq)ort. We have introduced contacdess payment fa¢ilities for the last financÈal year. We rxintinue to receive inrA)me from bankers orders. However, the planned giving envelope scheme totally 8iven way to the Parish Giving Sch¢m¢ We continu¢ to support the work of the Additional Curatss Socity and the Fare ShareF(x)dbank. It was jointly to support a local charity dealing with the hotneless and another local f(x)dbank at the Sunday and School Harvest celebrations. The local schools CRlStmasS rxlebrations and Carol Service collections tO8ether with the Church Carol and Crib Services were divided equally between the Qrent acrA)unt and the Poor Fun(t the latter being the sole recipient of the Crib Collection. of theDi f Chi hester The lar8¢St expendithre of the PCC was the of £45220 paid to the Di(Kese for our share of all churches, Parish Ministy costs. We also expended £11423 for th¢ church insurance wbich is now paid dIrelY by the P]sh. The Parish Ministy Cost amount goes toward the housin& stipend and penston costs of the clergy and also a standard sum for dIeSan central osty clergy training and a contribution to national church funds We We able to offer a 30/0 inCree on this figure for 2025. Currently. the parish is meeting 55.50/0 of the costs allocated to this parish compared with 560/0 paid last year. It is also important to no that approximately 75 % of the total paid relates directly to the ¢lergy ¢osts of this parisL the remainder being the shared costs of the Cluistian family throughout the whole Church of Englanl including as8i8tance towards the upkeep of churches less able to manage than ourselves. We wntinue to pay a Hall Cleaner and Church Cleaner as well as the bcM)kings manager previously referred to. Trustee Pa ntsAn The PCC supported the clergy by paying Council Tax of £1754, water and environmental harges amounting to £276 for the vicarage plus other annual wsts towards travel,
hospitality. t¢lepbone, postase and broadband aMrting to £1286. We also reimburse the assistant clergy travelling expenses h fabrie of he chutth uildin The foElowing areas of work wer¢ undertaken by the PCC as the need arose. The PCC has Continu to tske greater care of Lewes Road ¢tsIde Sp and continue to employ a 8ardener to keep it weed free. The Parochial chUh CcKm¢il kept careful ¢ontrd of its finances but Iwked upon the provision of its Central Board of Finan ACUnts as their ultimats reserv¢. Restticted Funds have to be applied to their appropriate areas. It is our policy to invest as much of Lwr fimd8 in the CBF Church of England D¢posit Fund as is pr&ICal. AI FUD Sourc The principal funding s(xwces of St Martin with Stwilfrid and St Alban remain our stewardship income and the income from the properties we hold along with the investments and b¢quests of which we are the trust¢es. Investments continue in line with current mark& trends and the properties have been valued at their insurance value. The Reverend Canon Trevor Buxton SSC Chakrnian 2- March 2025
PCC OF ST MARTIN, ST WILFRID AND ST ALBAN BRIGHTON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL Unr6stri(*ed Dasignated RestriGted Endowm FUNDS Funds Funds Funds Funds 2024 TOTAL FUNDS 2023 NoleÉ InG¢Xn• and endowments fr¢xn: DonaUons and legactes Other trading actÉwknes Investsnents other income Total Incom• and •ndowmonts 2a 13.370 33,917 30.497 457 78,241 250 13.620 76.336 35,280 457 125.693 16.145 77,092 31,039 463 124,739 42,419 2c 2d 4,783 42,419 5,033 Expendlturo on: Raising funds Charilae acty'vities Other expenditure Totsl •xpendfture 3a 76 68,601 8,490 77.767 76 104883 14,547 119,506 33,550 5,357 38,907 2,732 700 3,432 101,048 16,619 117,730 Net Incom•l(n•t eXpd[tUrn) 1,074 3.512 1,601 6,187 7.009 Transfers batWo¢n funds Galn8lllossM) on revaluatlon of: Fixed assets Investment assets 96.665 1,307,537 1.298 Net movement in lund• 1.074 100,177 1,601 346 103,198 1,315,844 Total fimds tyought forward 1.511 4,520,293 131,245 25,418 4678,467 3,362.623 Total fvnds carrled fonvard 2 585 4.620,470 132,846 25 764 4.781665 4,678.467
PCC OF ST MARTIN, ST WILFRID AND 8T ALBAN BRIGHTON BALANCE 8HEET AT 31 DECEMBER 2024 Notes 2024 2023 Fixed a$sets Investments TangibEe fixed assets 5a 5b 15.446 4,lJ44,799 15,100 3,948,134 4,060,245 3,963,234 Currnnt assots Detrrtors Short tem) deposits Cash at bank and in haThl 19,201 687,736 16,677 723,514 20,215 686.532 11,020 717.787 Currnnt Liabilities Creditors- amounts falllng due in one year 2.534 2,534 2,094 Net currnnt a880ts 721,420 71 S.233 NET N38ETS 4,781665 4.678,467 Funds EndoThnt fund8 25,764 25.418 Réstricted funds 132.846 131.245 Dosignated Fund$ 4,620,470 4,520,293 Unrestslctod funds 2.585 1,511 4.781,665 4,878.467 AlVved by the Paro¢hial Church Council on 1st Mard) 2025 and slgned on ils behalf 03> The ReveEBnd Canon TvOr Buxton Chaiman The aco)mpanying notes form a part ofthis financial rewrt.
PCC OF ST MARTIN, ST WILFRID AND ST ALBAN BRIGwfoN NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 1. Accountlng p•li¢i AcGountlng Gonvenllon The financial statements have been wepared under the Church ALxountiw Regulations 2006 in accordance vAth applicable accounting standard& and the current (2015) Statement Of RerAMnmended Practice, AGGounting and Reporting by Charities SORP (FRS 102). The finanual ststemenls have been prepared under the hlstorical cost wnvention as modified by the inclusion of investsments at market value. The financal ststements indude all transactions. assets and lialNlities for thich the PCC is responsible in law. They do not indude the acrunts of thurch groups that owe thelr affdiation to another body, nor those whith are infomial gatherings of churth members. b Funds accountlng Funds held by the PCC are: Umpstricted funds - geral funds can be usod for PCC ordinary purposes. Deslgnated fvnd8 - monies set aside by th8 PCC of unreBthct8d funds for 8pedfiG future wrwses or y4eGts. Restricted funds - a) income from trusts or endowments vknic may be expended only those restricted cknjects provided in the temis of the trjst or bequest" b) donations or grants received for a $peGlfic object or invit8d by the PCC for a spedllc object. The funds may only be exp8nded on the spedflc object for which they were given. Any balance remaining unspent at the end of the year Is r{led fcmrd a8 a balance on that fund. Endowment funds - lund& the camal of which must be maÈnlalned" only income arlslng from the investsnent of the endowment may be u, etlhar as reslrii#ed or unre$Mded fijnds, depending on the purpose set (yjt in the terms of the original endowmenL In¢¢Trg and end¢)wments AJI inojme and endowments are accounted forthout deduction for any costs of recelvabllty, are recognised when there is ewdence of entitlement, receipt is probae, and the amount can be measured reliably. Donatlons and legacles Collections are recognlsed when recaved. Plannedgiving receivable is recognised when due. Income tax recoverable is recognised en the income to It is attached is recognised. Grants and legacies are rets)gnised en the PCC is legally entided to the amount due. Oth•r tradlng actlvlt1•5 Income from trading is recognised vrtwi received. Income from Investmants Dimdfrnds are accounted for when due and payatde. Interest entilements are aGcounted for as thay accNe. All other Income l other income is recDJnised vthen it is receivable. Galns and 10s8es on Inv•stmts Reallse(I gains are recognised vthen the investments are sold un8lised gwn8 and108so8 ar& acrL)unted for revalualron on 31 08Mber.
PCC OF ST MARTIN, ST WILFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT (¢onlinued FOR THE YEAR ENOED 31 DECEMBER 2024 d Expendfture Expenditure is aGGounted for on an aG(Wa ba$ls and accwnted for gross. Charftabl• actlvlues The diocesan parish contribution is aCnted for on an annual bas. reflecting the ¢ommilmenl made by the PCC to Bright Deanery. kny parish contriljjbon unpaid at 31 December is promded for ti) these accounts ag an cyrational (though not a legal) liabilty and 1$ shown as a Ixeditor in the balance sheeL Tanglbl• Ilxod as#•ts Consecrated and bafiCed propety of any klnd Is exduded from the accounts by $.10{2) of the CharMle$ Act 2011. Moveable church fiJml$hlng held by the Vicar and Churchwardens speaal trust for Ihe PCC and %thi(t rure a facuty for disposal, are accounted as inalienable wopety unless consecrated. They are listed in the church's inventory ¥thich can bo inspocted Ix¢t are not incksded in the fln8n(481 statemvA7ts. For other property acqulred prior to 2000 there is insufficient cost infonmation avoi188 and thwefore such assets are not valued in ts finandal statements. Propty assets are valued at lTrsuran¢e valu8. All expenditure on cSecrated tr benefitd bulldings and Indmdual items costing under £1000 are wyitten off In th8 year theywere incurred. Depreclatlon Depraciation is calculated to TIt8 down the cost of langlble fixed assets over their expected lives. The rate applicable is 250A Istraight lin81. Investrnts Investrnents are stated at market Value at the balance SIet date. f Cuffent Assets Amounts wng lo the PCC at 31 December in respect of fees, ronts or other Income are shown as det)tors less prnrisii>n for amounts that may prove uncollectable. Shtxt-terni derhygks are held wth thè CBF Church of England Funds. 10
PCC OF ST MARTIN, ST MLFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT (continuod) FOR THE YEAR ENDED 31 DECEMBER 2024 2 knalysls of Income and &ndowments TOTAL Unrestrcted Designabl Restricted Endowment FUNDS Funds Funds Funds Funds 2024 TOTAL FUNOS 2023 Income from donatlons and legacieB Planned gimng Collections at all seNt9 Sundry donations and appeals Income tsx recoverable under Gift Aid Grants and legacies 6,799 1,894 2,680 1,997 6,799 1,894 2.680 1,997 250 13.620 7,439 2,681 3,087 2,438 500 16,145 250 250 13,370 b Incoma from oth•r trading actlvlii•B Fund raising Hall letting8- Wagner (St Martin'$) Hall lettings- Rally Hall lettings- St Wiffrid Church hire Playgroup Fees 3,423 11,145 17,100 3,423 11.145 17,100 42.419 1.928 Y1 230 3,956 12,132 14,053 43,412 3,298 42,419 1,928 91 230 33,917 241 77,092 41419 Investment income Diwdends and interest 30,497 30,497 4,783 4,783 31,039 31,039 35,280 d Othor Incom• Other income 457 457 457 457 463 463 Total income 42.419 124,739 11
PCC OF ST MARTIN, ST WILFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2024 3 Analysls of •xpendlthr• TOT Unreslriclad Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2024 TOTAL FUNDS 2023 Expendlturo on ralslng funds FundraIng expenses 76 76 76 76 63 63 b Expeftdlture on charltsble acOvldeB VIc8rfs di9cretion8ry fund Ministry costs: Diocesan parish conlribution Clergy costs - vlcar Clergy costs- assistant pri8sts Salaries Church heat,1Sght & water Church repairs and maintenance Major proieGt works Sanctuary and upkeep of servicas Organist Music Parish office & administrabon Bank tharges Propety insurance Youth rninistry Pl8ygroup Independent examinevs fees 536 202 15,220 3,851 30,000 45.220 3,851 665 4,622 5,143 6,812 44,285 3,533 851 3.985 4,398 14,887 4.622 5.743 5.654 1,158 3.399 151 3.705 2,630 1.631 4.069 265 19,831 271 140 368 68.601 1,409 2.840 417 3,497 2,630 1,631 4069 265 19.831 19,169 1,260 1,127 447 587 315 101,048 33,550 2,732 104,883 c Oth•r •xpendlture Hall running- Wagner (St Martin's) Hall running- Rally Hall running- Sl Wilfrid 6 Edinburgh Road Sundry 6,245 1.570 6,157 1,535 8,324 5,357 5,357 675 8.490 700 700 603 16,619 5.357 14,547 Total expendltur• 77,167 38,907 117,730 12
PCC OF ST MARTIN. ST WILFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT (contlnued) FOR THE YEAR ENDED 31 DECEM8ER 2024 Total Funds 2023 Unrestricted Designated Restricted Endowment Funds Funds Funds Funds Funds 2024 4 Staff costs Remuneration wages and salaries 4,622 4622 During the year the PCC eMOyed people to cover deaning and bookings for kM)th the Wagner hall and the church. Qcca&onal organists were engaged on a Self-em0ye6 basis. b Payments to PCC membe The parochial dwgy are re1mlrS0d expenses Incurred in Ihe p8rf(mance of their duty as parish priest. 3,985 S Flxed assets Totsl Unrestricted Designated Restricted Endowment Funds Funds Fund8 Funds Funds 2024 Total Funds 2023 Investments MaTke¢ volue 1 January Net gainsl(losses) on revaluauon Market value 31 DeceMr 15.100 346 14100 13,802 1,298 15.100 15,446 b Tanglble flxed 088ets Froehold Land & Bulldlngs Cost or valuatlon Market value 1 January Nel gainsl{lossesl on revaluatlon Market value 31 December 3.948,134 4 044.799 Properties Indude Wagner Hall, St Wllfrid's Hall 8nd Ra1 H811. 6 Analysis of n•t assets by fund Total Funds 2024 Unrestrlcted Designated Restricted Endovment Funds Funds Funds Funds Total Fund$ 2023 Investsment fixed assets Tangle fixed assets CuTrent assets Current liabilities 15,446 4,044,799 575,671 15,446 15,100 4,044,799 3,948,134 723,514 717,767 2,094 2,534 25.764 4 781,665 4,678,467 4,679 2,0941 2 585 4620.470 132,846 10.318 132.846 7 DebttXS CCLA re CBF deposit Interest HMRC re incomè tax recoverable Trade debtors 7,121 824 2,191 10.136 1,146 9,247 1,126 9,842 20.215 824 10.110 19,201 7,919 1,146 13
PCC OF ST MARTIN, ST WILFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT {¢ontlnu•d) FOR THE YEAR ENDED 31 DECEMBER 2Q24 Total Unrestricted Designated Restricted Endowment Fund8 Funds Funds Funds Funds 2024 Total Funds 2023 8 Credftors: amounts falllng du• wlthin on• year Ac¢xuafs 1,gS7 Other creditors 137 1.957 137 2,094 2,397 137 2.534 9 Statement of funds Bal blfwd 1 Jan 2024 Incorne Expenditure Other gains Tfansfers 8nd Uosses) Bal clfwd 31 Dec 2024 Unr8Stricted Fund General fund 1,511 1,511 78,241 78,241 77,167 77,167 2,585 Dgsignat8d Funds l>roperty fund Sl Wilfrid's Hall Ir Memorium Development fund 3,948,134 11,176 12.128 548,855 4,520.293 96,665 4.044,799 18,238 11.977 42,419 35,357 151 3,399 38,907 42.419 96,665 4,620,470 Rg8trlctad Funds Chlldren Fabric New Wagner memorial Playgroup equipmemnt Vicarage improvement WaInghaM chIldren)Ung pecfA 407 31.222 98,642 303 568 1,704 132 846 31,r22 96,029 500 568 2,519 131,245 4.783 250 2,170 447 815 3,432 5,033 Endowment Funds Wagner stipend Sl Aban stipend 19 Gladstone Terrace 10,014 5,086 10,318 25,418 229 117 10,243 5.203 10,318 25,764 346 Total funds 4,678,467 125,693 119,506 97,011 nrestrlcted Ld- assèts held by the PCC for Garyng out general activitles. fun - funds the PCC has set a$lde for specrflc sundry wrposes falling within ivs normal acti)ritie8. - A grant was recelved from Communlty Blessed Virgin Mary to pay towards children's activities. na Fabrlc- For Substantial repair of the church building. S(Kne funds designated tr particular use. e.g. liturgical West end. The fund orfginatad wlth prrKeeds from War Damage and ha$ been add8d to through bequ88ts and gtfts. rmemorla - Income from the propety 37A Lewes Road according to the Tnjst may be used for the benefil of the parishioners. The fvnd originated from a gifl of land left to the parish in the 6arly 20th Century. 14
PCC OF 8T MARTIN, ST WILFRID AND ST ALBAN BRIGHTON NOTES TO THE FINANCIAL REPORT (contlnued) FOR THE YEAR ENDED 31 DECEMBER 2024 9 Statement of fvnd• (contlnuod) pi rou Y91Ul Lont - A grant vrds received frorn the Community of the Blessed rgIn Mary towards ttte cost of thildren's play equipmenL - reallsation of Tumer end¢Jwment fund. Isin Idr• un - In 2021 a donation was rewved to be used to support children and young peopte up to the age of 21 going on pilgrimage to the Shine of Our Lady of W81singham, Norfolk. ner is unknown. - InGomè paid direct to the Diocese and goes towards InGumbenl's stipend. The source of this fund }Lknnd- Transferred fcfftier separate Parish of St Ajban. The scdjrce of this fvnd 1$ unknown. 19 Gla - For ecclesiastical purposes. The fund arose from the sale of 19 Gladstone Terrace (the 'Sister8' house'l which originally came from the T¢)wner bequest.
Ind•p•ndent examlnafs r&port to the PCC of St Martin, St Wllfrfd and St Alban Brlghton This 18 my report to the Parochial Church Council of th8 E¢de8iastieAI Parish {PCCI of St Martin, St Wilfrid and St Alban Brighton on the financial report for the year ended 31 December 2024 set out on pages 7 to 15. Resp•ctfv• r•spon$iblliti08 of tha PCC and the oxamlnor The PCC members are rponSIble for the preparation of the finan*2al reports. The PCC members c<)nsider that an audit is not required for this year under section 144 of the Charities Act 2011 {'the Charities Acf) and that an independent examination is needed. It is my responsibilty.. to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145{5}{b) of the Chaiities Act, and to state whether parti¢%lar matters have come to my attention. Basls of Independent examlnefs feport My examination was carried out in accordance with general Directions given by the Charity Commission. That examination indude5 a review of the a¢¢ounting records kept by the PCC and comparison of the accounts pr&sented with those records. It also includes considering any unusual items or disclosures in the accounts, and seeking explanations from you, as trustees, conmIng any suth matters. The procedures undertaken do not provide all the evidence that would be required in an audlt, and consequently no opinion is given as to whether the accounts present a Irue and fair view and the report is limtted to those matters set out in the statement below. Indopendent examinerf$ statoment In connection with my examination, no matter has come to my attention.. 1. which gives me aSonable cause to believe that, in any material respect, the requirements to keep accounting records in accordan with section 130 of the Charities Act.. and to prepare accounts which accord with the accounting records and comply wsth the accounting requirements of the Charities Act have not bee 2. to which, th Y et., or pinion, attention should be drawn in order to enable a prop8r understathdihg the accounts to be reached. Signed............ Mike Jackson ACMA CGMA 6 March 2025 3 Somerhill Court Holland Road Hove BN3 1RQ 18