The PCC of the Ecclesiastical Parish of Eastlelgh Charity Number.. 1189594 Reglstered in En8land and Wales EAS PAR LEIGH SH Full tltle= the Parochial Churth Council of the Etclesiastital Par15h of Eastleigh Re8lStered trading name- Eastlei8h Parish Annual Report and Accounts 2023 Q>ntents Page Annual Report 2to3 Financial Review Independent Examinerfs reFK>rt Statement of Financtal Attivities Balance Sheet Notes to the Accounts 8t0 16 lof 16 15:02 on 2110412024
The P of the Ecclesiastical Parfsh of Eastletgh Charrty Number: 1189594 Reglstered In En8land and Wales Annual Re ort Chorttoble Objects- whatdo We$tt0 do? This isthè fourth report of Eastlei8h Parish as a Stan&al0 tharity. registered in En8land and Wales. number 1189594. As part of the Churd) of En8land ICOE) the Purorhiolalurch Councilof the EcclesioticolPortsh of Eostleigh serve5 the people of our town. For centuries the COE has offered hdp at times of both great celebration and trernendous sadne5S. a5 well as ir our day-ttrday lives. whlth this year induded prayer5 for our new k1. Even though times are aayS changi our faith in the resurrection ol Jesus Christ 15 still the same as Tt has als been. See www.eastleighpartsh.com. Our Missim forthe next stage of EPC remains: to be d1pleMknng dwples and our Wision is.. to be acommunityof dtscipleship groups. Our Ml551on output central to who we a. In 2023 sw the steady rectr4ery of c#Jr mrssIal outputs after COVID aNI the vicar's and other illnesses. In 2023. 52% of the charity's expenditure was on misslon. and 69% of rts reserves are focused on mlsslonal attNity Ithe Parish Har5hip Fund. the funds avallable forthe fecruitmentof our Chiklren's and Families Minister, the funds to Shape Lady Chapel to support mission and the Overseas Mi55ion fvndl. The numbers in this report just reflect the finanoal aspects, but other missional dirett wor indudes prayer, pastoral support and vlsStlng, regular Bible study. and sUPPOrt to the Icral (hurth family thwgh Churthes T¢8ether in Eastleigh. Iculfy, the tommunity of Eastleigh Parish remains supportr¥e of other5 through outreath. friendship. visiting lincluding of those in care hornes and those unaWe to leave thelr homes) and finanaal supportto Chri5tyan5 A8ainst Poverty. Thesè communal attNities support tsur church-based prcmsion of church services to ÈnctyJra8e people of all ages In their Christian faith, as well a5 children orientsteil services both to intrc4Yuce the Christrdn faith and to support care-gNers in bringin8 up children. Abr0¢7d. our rnain Mission partnors are in Guatemala. Israel and Uganda. Support to the Israeli Work has been through praypx and a donatlon to humanitarian work in supportof the gospel there,. and our support forthe Christian medical missionaries (currently orn fudough from Guatemala) saw continued impThements in their son's health. Our Ugandan link is investing In the gospel and longterm food 5ecurlty. all a5 Part of the wkler mlsslon of thè thurch. Sadly we could find no replacement for our child5 and Families. mlnister in 2023. We thankthose who continue to 8we in support of this work. The term-time. vdunteÈr4>a5ed rninistry to children stsrted in 2022 continues and attracts between 15 and 50 people each week. We thank them. Our FeHtx¥shlp output ts athiÈved throu8h communlty, and Is stren8thenln8 as thevlcarfs health retovers and vdunteers assist with hone visiting and services In local Sheered %tommoJation. In 2023, it ha5 included three services perweek. The &ving of health affirming communi has continued in chufth and at home. Our support outputs ccwer the administration of the church an(1 the running of the buildings. as a wltnÈS5 to Christ and for revenue. This voluntsry work is lar¥ety by PCC members and the PCC minutes show tts agreement regularly to remunerate the unending office work Iwhich the Charity Commission allcws US to dol. but because of Its size and 1mptsrtan, when headroom allows. we will seek a paid admintstrator. However. support aCtiVe5 cantK>t bè seen in On finan(ial terms, so muth is donp bphind the scenes. We thank those volunteers. Over¥lew Eastleigh Parish has been delighted in 2023 with the inuernental tUrn to health of ourvicarand with the crnimltment of its volunteers, both of whosè quiet work underpins so much of what we report as outputs abcwÈ. The have also been green shoots of grthvth.. increased attendance at outreath events. and the arrival of new and committed people whojoin us in seeking the help of Christ and the Scriptures to rwiBate an increasingty relativistic wodd. All our ccmmunity has faced a demandln8 national posmon with five rises in the Bank of England Base Rats Ifrom 3.5 to 5.25%) and rises in utilties costs squeezing donor5 and hirS in 2023. So we look, prty and m(y4feforward. The asplrat)ns of the 2021 APCM remain: the Misshin forthe next stage of EPC is to be dKiplemoknng disci and its Vislon to be ocommunftyof dixiship groups. WÈ m(we onl 2of16 15£12 on 2V0412024
The PCC of the Etdesiastical Parish of Eastlel8h Charity Number: 1189594 Registered in England and Wale5 Annual Re ort - contlnued Le al Framewor Intludl Publlc Benefft Constltullon Com Ilance Rlsk and Advisors Public benefft test The Charity Commissioft wetslte ltsts the peoe we TheL as thildren Iyoury8 people. eldetylol(I people, people with disabilitie5. Other charities or vduntsry bodie5 and the General Public. HTh¥ we do it is also listed.. making grants to individua15 ond or8anisations, providin8 buildi5. fatilie5 and open spa, and pethap5 most Importat)tty provlding ÉpYvirp¢ tr> tjijr nijhlir Iwhirh inrliidK <hadnp t* nl Thrigt a% thp &xiniJrl. Constltutlon We are tharity number 1889594 re&tered in England and Wales wrth the Charity Commissi. Our constitutSon Is the Parochial Church Councll Powers Measure 1956 las amènded) and the Church Repre5entstion Rvle5 that came intoforce on 2 january 1957. The PCC is the 8ovemirq and had 11 trustees 31 December2023. In 2023. the PCC hdd no funds for other tharIt5. In 2021. on behaff of Churthes T(Yxethèr in EaStl#h IcfiEI, the PCC a150 e5tsblished a vJstodial fund forcare of the unbn chlhl Imrtto date no funds have been received. As to properry and J[1dIngS, the churth sr(es are re8iStered with the Land Re8islry to the Winchester Diocesan 8oard of Finance, and the PCC atts * managing trustee. The last quiThJennial architectural Ènspectith) was in September2021. the last Archdeacon's ouin¢uennial in5pertion ol intemal processes was in November 2019. Compliance The PCC reviews its 5afe8uardtn8, hnanaal, data proteetion and health and safety pdides annually. Reportlnq The PCC PortS its financial position and performantÈ to the Charity C¢)mrnis510n. to Winthester Diocese and to the wider Church of England annualty. It provides its Electoral Roll report and its Statistics for Mission rep¢yt annualty to appiopriate authorltles. Rlsk The PCCS approach to risk is ststed In the Financial Rer•Xt The last ir6urnnce valuation of the Saints slte was on 10 February 2020. and of the St Frdnci5 site in 2012. In 2023 it than8ed its insurers to Aviva. Bank Lloyd's Bank Insuran AvNa Arthitecturnl ISur¥ey5 Ryan Bunce & Co, RICS Viè its insurers Rev lan Fletcher SLéhApr-24 3of16 15-02 on 2110412024
The PCC of the Ecdesiastical Parish of Eastlevdh Chartty Number: 1189594 Reglstered in En8land and Wales Financial Review 2023 These accounts urepreporedon on occruols bosi5 andare thefvirth annual aLrountsforthis newchorlty.. the Paro¢hl•l Churth Councll of the Eccl¢slastical Parish of Eastlelgh Ireglstered wlth a tradlng nqnpe ol Eostleigh Ptvnsh wlth the Charlty Cornm1551onJ.' chorlty number 11895 rmqnce To understand thi5 finance report of EPC perforrnance. the non-financiol outputs above also need to be studied. As pOrted. 2022 looked like it established a post-COVID baseline for PCC Income but wrth three uncertainties (residual COWD recovery. 9 mortgage rate rises, and Utilit cost rlsesl. Flnancial Year 2023 saw two of those untsrtainties continue and the effects of a national recessK*n. Despite Personal Giving being squeezed by interest rate and utllltles rbses, it rose slightty to £52,09212022.. £50,7851, and Bonk Interest income rose to £91312022: £511. but Fees Inc<xne declined sharply to £20512022: £3,8331 and Hiring Income also Saw a substantial decline of £14,IXKI when one hiring clierrt when Ist and another retrenched. 2023.. £37,30512022: £52,622). So the PCC'S IncMw to 31 0¢mber 2023 was W.61412022: £106,805). Thls Is a IS% decrease,12022: 6% decrease}. PCC Ex enditure was £79.379 in 202312022: £74.8591. PCC maintsined its moratorium on expenditu through the year. Its Mlssion Expendltuye was 52% of all expenditure and rose. £40.51812022.. £40,725) desplte a reduced dlocesan request for Common Mlssion Fund donations, and financial support to children's mission nearly tripling. The pceSsd0n Fellowship (church 5eivices, pastoral, etcl in 2023 was £24,89), 12022.. £18.9571, largely due to risin8 utilties costs. PCCS spend onsupport lof hirin8 income, admln etcl was similar to 2022 IE14,411, 2022- £15.1781. pcc In Lloss (before transfers) the gain was £10.73612022: £31.9451 and aftertransfers was a loss of £3.607. 12022.. gain of £16.2861. reflecting the need to build fvndsfor uw)min8 major Iwilding works. P051tlon The charity was worth £117.630 on 31 Dec 2312022- £116,075) and has 132% of its unrestricted reserves target. Its monie5 are or8anlsed Into unrestricted. desgnated and restritted funds as described in the Notes below. 8asls ol accounts Before 2020, the PCC'S Accounts were prepared on a Receipts and Payments basis. This report is the fourth where the accounts are presented on an accruals basis usin8 the Charitie5 SORP IFRS 1021 and the historical costs convention. Responslbllltles ofthe members ofthe PCC In relatlon to the k(owts The PCC of Eastleigh Parish 15 responslblefor all parlsh finance. Its management and ojntrol, Includln8 the appointment of a suitable treasurer. its legal reswnsibilttes include- Keeping proper accounting records. which are sufficient to show & explain all the PCCS transartion5 En5urin8 that the finances of the PCC of EastSei8h are under its control & only delegated if the PCC can ensure that its wishes are being followed; * Preparing the annual accounts and a rewrt. whid) shall be presented to the Annual Parochial Church Meeting in accordance with the requirements of the Church Representation Rule5 ' Arranging an independent examinatlon of the accounts. Thi5 Shows how the PCC seek5 fullyto dlscharge its accounting responslbilities under Part 8 of the Charrties Act 2 Approved b pc nd signed on Fts be Treasurer Dated M PL ZD 4of16 15:02 on 2V0412024
The PCC of the Eccle5Iastical Parish of Eastie¥h Charity Number.. 1189594 Registered in England and Wales Inde endejbt Exami to tbe PCC Parnb f E This rert on the )Unts of the PCC for year ended 31 December 2023. which are set out on the adjoining , is in respect of an examinalion carried out under regulation 3(3) of the Church Accounting Regulations 1997 to 2(M)l ('the regulations.) a1 s.43 of the Charities Aci 1993 ('the Act.). Respe¢tive respoll8ibiliti&4 orth¢ PCC Y4nd the ellminer As rnemb¢rs of the PCC you we responsible for tk preparth of the ¢ounts? you corsider tlwt the audit requirement of Regulation 3{3) a1 sedion 43(3) of the Art do )1 apply. It is my resportsibility issue this report on ihose aecoutlts in XCOrd with the ternis of Regulation 25. B•$is of ¢hi8 report My examination was c8rried out in wirdance with the General DI105 given by the Charity Commission undeT section 43(7)(b) of the Act and to be found in the Church guidance, 2001 editio issued by the Finance Division of the Archbishops, CowKil. That examTrJation incIeS a review of the &coU1ng records kept by th¢ PCC and a comparison of the accounL8 with those record5. It a]so incle5 considering any Unusu items or disclosures in ihe counts and seeking explanatiors from you as IneeS Concerni 8ny matters. The procedu undertaken do noi provide all the ¢vid¢n¢e that would be requireA in an a114 and consquently I do not express an audit opinion on the view given by the accoun lud¢peDd*nt Examiner's ststement In conne¢tion with my examinatio TK) matter h&s come to my attentiL Which gives me reasonable cae to believe that in any material resw the requirements to keep accounting records in ac¢ordarKe with seaion 41 of the Affj arKI to ptepare accounts whieh accord with the accounting records and to tt) which. in my opinioN attention slK)uld be drdwn in order to enable a proper underthding of the accKJunts to be reached. Mrs Erica Parker FCCA Greyholme Lumby Drive Ringwood Z3141Z4 Sof 16 15:02 on 2V04n024
The PCC of the Ecclesiastical Parish of Eastleigh Charity Number: 1189594 Registered in England and Wales Statement of Financial Activities Notes 2013 T¢*al 2022 Incoming resources DonatIcS and le8acies Fees Fund1$$n8 actwities Hiring income Investment income 47,n9 205 i(L) 37.305 913 13Y) L013 52A192 205 50,39) 3333 .91 52,622 51 37.305 913 Total resources recelved ui 90,614 lo6.5 Resources expended Mi55i0n and Evan8elism Fellowship & knces Supportto rental income Other support costs Costs of IUDdrn10 40.518 24.89) 9.171 S240 40,518 24,8 9.171 5,240 40,725 18.957 9.122 6.056 Total resourcès expended 79Tr9 74AS9 N•t Incornl r•sourcesbefore transfers 63n 3.350 IJJ 10.736 31.945 Funds Fur Tat•l FurK15 Funds at lJanuary2023 Transfets between funds in/(out) 23,1 É 50295 £ 20WO £ 93.845 Ji-U-22 Car Park Fund 350 L•dyChaFd Fund Istarted Feb 20201 11250 20MI 20A39 Children & Familles MInFn0 Parish Hardshlp Fund rseas Mlssion BulK4in8 Malntenance Fund Strate8lc 8ulldinES Fund Net rnovement betwel lunds 31.118 4425 1.592 96 -717 2.172 io,c£o 14J43 33.710 s,ni 12.992 ,164 Nèt Intorne lempendlturel Funds at 31 DKember 2023 Representedby.. Uftrestrirted Restrlrted -3,607 £ 20A39 £ 110.558 01-Jan-23 Ntt Changes 31-De¢-23 £ 45,339 12.788 32,551 É IL6LKI 11250 350 8MI £ 11250 £ 20,(V30 £ 32,1 1592 33,711 4.425 1.296 5,721 759 -£ 718 41 1173 15.165 io.( io,( 1.555 £ 35,482 £ 54.637 General (Unrestricted) Funds Restrirted fund- Car park RestriLted Legacy- Lady Chapel FurKI Desig Fund- CFM FLFnd Desig Fund- Parish Hardship Desig Fund- erSeaS Misslons & Reltef Desig Fund- eulldlw Maontenance Desig Strat Buildlngs Desiqnoted £ 12392 Tola £ 116m5 6of16 Is2 on 21104/2024
The PCC of the Ecclesiastical Parish of Eastleigh Charty Number: 1189594 Rwtered in England and Wales Balance Sheet Forthe year ended 31 Decenthr2023 2023 2022 Notes CurrentAssets Debtors and prepayments Cash at Bank and in hand Total Currem assets 13,860 £ 13,466 110.558 £ 108,102 124A18 £ 12L568 Llobilities Creditors.. amounts falling due within l year rren 6,788 5,493 Representedby.. Unrestrirted Funds 2023 2022 45,339 11,6 42,552 350 20x60 33.711 5,721 41 £ 15,165 iO,C(#) 117,630 £ 116,075 Restrlcted fund- Car park Restricted Legacy- Lady Chapel Fund Des18 Fund- Children & Families Min Degig Fund- Parish Hardship Desi8 Fund- Over5ea5 Missi{ & Relief Desi8 Fund- Buildin8 Maintenance Desig Fund- Overseas Missions & ReThef Totsi funds 32,119 4,425 759 12.992 HeldlorotheF5.' PCC unrestricted reserves taet Achievement of PCC selVeS target Approved for issue by the Parothial Church Counal and signed on its behalf by: 27,(D) 27,C( 168% Chalmian Treasurer Date Charfty Number 1189594 registered wlth the Ch•rity Commission of En8l•nd afbd Wales 7of 16 15:02 on 2110412024
The PCC of the Ecdesia5tical Parish of Eastbeeh Charity Number.. 1189594 Re8tstered In England and Wales Notes to the Accounts l. Accountin Policies Basls offinonclalstutements . The financial statements have been prepared underthe Churth Accountin8 Re8ul•t¥ons 2TrA. In accordance wlth appltcable accounting standards. and the current Statement of Remmmended Practice,Accwntln8 and Reporting bv Charftles ISORPI. and applicable accounting 5tsndard FRS 102. b. These annual financial statements have been prepared under the historie cost convention. The ffinancial statements include all transattions, assets and liabilitie5 forwhlth the PCC is responsFble in law. They do not include the accounts of church Broups that owe thelr main affilia to another bth. Mr that are inftymal 8atherin8s ofthurth members. c. On 17 January 2022. the PCC ath)pted the Finarrial Pdides and Procedures whlth underpln thesè fiTrondal statements. These policies were amended to relle¢t the PCC becthMir8 a ne4¥ tharlty and are available on request. These aetounts are on an accruals basi5. d. Dudng financial year 2020 the PCC of EasYei8h Partsh becamè re8i5tere(I with the Charity Commission and its le8al identlty than8ed to theParochiol Church counc0 the EcrlesiQrtKoIPorish of Eostleigh.. 5h(Yt tltle Eostleijh Pqrlsh Church. It is registered in England and Wales under tharity number 1189594. Fundarcountlng e. nStricted fund5 are income funds that arèto be spent on the PCCS 8eneral pvrposes. f. tiesl8natèd funds are geftepl fvrtd5 Set aside bythe PCC for use rn the future. Projectfunds a designated for particular projects for administrati( purposes onty. IksSgnated fuftds remaln unrnstricted and the PCC may move ary surplus to other genèrydl funds. Restricted funds tomprise revenue donati5 or8rants for a specifit PCC artfvlty Intended by the dwor. Where these funds have unspent balances. interest on their pooled iniestment is apwtioned to indNidual funds on an average balance basis. h. Planned gly1 collectlons and swnilar donations a re¢rynlsed when received. Tax refun(ts IGiftAh4 and GASDSI are ogni5ed when the incomin8 resource to whith they late are reeeryed. Thè Charity is not re819tered forVAT. Grnnts and legacies are accounted for when the PCC entitled tg Lse of the resourtss. thèir Urnate receipt is considered reasonzbty certain and the amounts due are quantifiable. Interest is accounted foras and when accrued by the payer. Incomin8 resouytes are accounted ftygros> Resources expended Grants and donations are aCccjnt for when pad tr4er. orwhen awarded. if thataward ue3te5 a bindlng or constructive obligation on the PCC. The diocesan parish share Icommon Mission Fund) s accounted for when it is experted to be paid. All otherexpenditure is re¢c£nised when ts ineurred and is attounted for 8r05S. j. The vue of consecrated and ner1 property is Th)t Induded in acCOts In ac¢ordance wlth s.10(2llal and Icl of the Charlties Act 2011. k. Movable church furnishings whith are held by the wcar and churth wardens on special trust forthe PCC land which requi a faculty for disposal) are inalnable property. and a Ilsted in the church's imientory, whith can be Inspetted lat any reasonable tlmel throu8h thè warders. Foranything acquired priorto 2010 there is insufficient cost information avallablè and therefore SLrch a$5ets are notvalued in these financia statements. l. The PCC has decided that new fixtures. fittin8s. and equipmenL used within the thurth premises and with a purthase tost of £IO,OLXI or more, are to be CapEtaled as assets and depreciated on a strai8ht line basls over each asset's estimatèd useful lrfe. The value of indwidual item5 of equipment with a purchase prio of th than £IO.(W 15 wrftten off when the asset Is atquired. 8of16 15:02 on 2V0412024
The PCC of the Ecclesiastical Parish of Ea5tleigh Charity Number: 1189594 Registered in England and Wales 2. Incomln resour Tt)tr12023 Fund5 Funds Totsl 2022 anned G78 Offertory and ufiplanid n6 Grfi Aid & GASDS Lepcie5 & Bequests 435 2975 40,347 1538 8,505 L172 8,122 375 141 I38 5ubToi 47. 51092 so WeddinL Funeral & Baptsm fees 205 333 54,223 47.934 3350 52.297 Event fundralsinB Fundrai5in8Coffee rnornlr 222 396 SubTat41 ity) -91 Inromefvm rento1andhtrlS Hlring Income- St Francis Hin8 Income- ASCH IMeetin8 Room) Hlring Income- AJI Saints (hurth 33514 33314 33,039 17,355 229 Tthal 37JOS 37,305 52.622 8ank interest Incornefvom Rebes & ¢)waVMts 915 51 913 913 si Total Incomlni rewjros 3350 . Intomin8 res•ur¢e5 for2023indude outstandin8Gfft hid and GASDS whh will be cdkned in 2024. LO 1.614 106.805 b. In 2023. the PCC Spent the funds tt had fund5 previousty accumulated ftrweddin¥ during COVID, so there was substantial drop in net incomè from lèes. ¢. In 2023 several events wefe puton. but more to r&estsbllsh the sense of wr ¢ommunity than to make a profft. The net loss of expenditure over income is reported here. d. Hirin8 income has been a substsntial part of PCC Income for thÈ135t few year5. In 2023 hirin8 income wa5 £37,305, 12022.. £52,622), some 41% of totsl income for the year12021= 3¥AI. We think wt volunteers fortheir effort5. The Pre- School in the Churth Hall d05ed thrOh retrenthment removing a substantial i1Ome stream. Since the April 2021 PCC, 2% of hirln8 receipts have been desi8nated for (NeeaS mlssion: ar#1 2QN wa$ 11esi8nated for Buildin8 maIntenan at the PCC in 2020. e. In 2023, the multiple rises in the B•nk of En8land base rate traated into substantial inrne for PCC. 9of16 15:02 on 2V0412024
The PCC of the Ettlesk15tical Parish of Eastleigh Charity Number: 1189594 Registered in England and Wales 3. Resource ended Toi•l >) Tot•1 2011 Mlssion & Evongelism Mission- Overseas donations Mission- Home donations 7( 7Tr) 1.134 80 Mission- ¢)wn evangelism etc Outread)- Ir website Mlssion- wis1n8 mIsshÈrs Common Mission Fund Mtsslon- aer8y Expenses Cler8y Support equipment Mtssion Salartes- CFM/Pastt>rllntem CFMIPastorlintem support rnsts SubTrt i( 503 191 120 163 ¥6 36.6 37,841 739 1599 4q518 L599 577 4Q518 40,725 Fellowshlp Fdl¢)wship- 5alrrt5 UtIle5 Fdlowshlp- hjl SaSnts lIding Int Fdlowship- AJI Sairts Ins¥rJnce Fell¢>w$hip Costof 5erwcu incl klldn Fdlow5hip- All Salnts Clean & Garden Fdlowship- Flowers Fe41owshlp- Pastoral Fellowship- Sound and Avequynem Fallowship- Music. Or8an. Clr, PSOA Fellowship- Organists & YJr5h Fellowship- 5ertor Mirbist Advert15in8 AdJuMentS Ind wre offs IL335 L136 3y7 L029 2.470 247 950 43 IL335 1,136 3.547 1.029 2,470 247 950 643 4,535 776 4.132 907 1.523 292 836 2A87 33S 1.840 512 1520 2520 bTrA•Is 24mO 18.576 5tspportto Hinnglnffle Si FranC- UtilitY45 & InsiirorKe St Fr)n¢is- Mointenance St FrarK15- CTrInI All Soints Hall- Utllftles & Insurart• All Salnts Hall- Malnierwrrte All Saints Hall- ae¥nln8 Bod debt wrileoff 4.619 4.619 407 L286 2,676 176 A,785 1.620 2.676 176 3.018 lJ18 9.171 1.318 9.ln Subythls P022: 10.0921 Ioof 16 15:02 on 2U0412024
The PCC of the Ecclesiastical Parsh of EastlSh Charity Number: 1189594 Reg15tere(l in England and Wales 3. Resource5 ex Othersupport costs Costsof fvndraislng Adjustments. incl vthte offs Vehidesand trav e¥pense5 Offtce Salaries- Admlnlstratc Offl¢e&Admin t¥penses. ind ne. IT Offl¢t- StsfjoThary, Printin& Posrdge + Offlce equipmem ght. Ind furntture Governance Audit and Accountsnry Fees Costs of Ffc meetin/awaydavj Train and mlnstry de¥ekJpmeffttuts BankChar8es nded contlnued Note 11 381 381 I8(• 1.650 745 283 1.650 1,825 745 31 31 47 383 127 5.299 42 139 6.057 P022.. 5.4671 74,859 127 Totsl resources expended 79.879 79.879 Mlsslon and Evangellsm a. The PCC sees mission asfvThJamenta. Is eCtsd fl)•rfi•ly ihtt4L •IthMh by £1fi19L mlss•)rs spendln8 only reduced by £207. Isee b b¢lowl do mcslwthe spend of£[4frOM Q•vseas misskm here12022.. nlll. Ev•n i8norinB that mis%on eypendUreas 52%of totsl sptrO. b. In Aprll 2021, the PCC dètled to put 2% of hirirg income Into the (lsea$ missi Fund. Income and Expendltures come straight from thff funds and are reported underthat fund at Note 7 below. c. For most of the year. HLNne donations were in sup1 ofthe Chrisbans a8ainst knerty Eastleigh. d. It has been encourazing to see the drops In the effedive Common Misslon Fund requèsts since 202L Iln 2022, Wlnchester Dlc<ese as515te(l the parsh wr(h Its utiltts l£1.8251. In 2023 the Fund request was lower again. e. aew expenses comprise the mu)isterial experw of the InoJmbenL not of his offitè as Chairofthe PCC. f. In previou5 years, this part otthè report ha5 noted oc0sn$ where the PCC gave support tothe incumbent lat rneetin8 in which the incumbent and ht5 wife were not presentl. eXceptn?1 and without creating a precedenL to supportthe vicar in managing the deteriryation ofthe vicarnge. It seems wnpwtsntto rekmyt thatther were no 5uth payments in 2023 or 2022. g. Children's and Families, Ministry ICFMI remains a very high priority the PCC. Sadty no candidate forthts advertised mlnSstry was forthctynirg in 2023. An intern (Samuel Ra)erUyI helped btween November 2022 and June 2023 but was not salaried. F•llowshlp and Chr¢h 5er¥kes h. The churth building's Utililles costs soared by 250% In 2023. as a result of thewar in Ukraine12022: 338%). The PCC changed its Insurers to Awwa on l Ayil 2023 resulti in a substsntial sawn . There werè no write offs offunds In 2023. Supportio hlrlng Int j. In 2023, we broke out cleaning from ute$ forst Fraros Hall Churth and theAII Salnts Churth Hall IMeetln8 Rooml the better to tratk the costs of utllitles. The costs of ulllltles fcf Salnts soared. but thw fty more recently constructed bulldln8s dld not. In 2023. supp¢Ytto hlrin8 firomè was IO% of cc6ts12022: 12%) Other 5UPPOrt costs k. Total Other Supportctsstswere £529912022: £6.Wl. whith is 6% of inc(¥ne. The tharity CommissKJn recornmends no more than ILN. lrt 2023 we continue wlth no Administrator. volunteer5 fill thegap and thÈirefftirts are recognised financIal. Most paymènts ¥e to related pae$, see Note 12 bÈbJv. l. Adjustments appeared under Support to Hiring lft¢ome in the 2022 Report, but a better seen as Support Costs. where thèy now appÈar. Bad debts however. arÈ un¢ollertable hiring invol. and appearwTth them. In 2023 one client defaulted IN the Tece5sion, costing PCC 131812022.. nil). whKth defrdutt is 3.5% of hirin8 incthne. Ilof16 15:02 on 21104/2024
The PCC of the Ecdesia51ical Parish of Eastleigh Carity Nvmber: 1189594 Registered in England and Wales 2023 2022 4. Debtors & Pre nts Unre5trkted Funds Unrestritted Gift and GASDS recerable Other Debtor5 & Prepayments Total unre5trirted De5 nrtedFunds Desi8nated Gift Aid rec¢)verdbte Totsl des18nated RestrlrtedFunds Restrided Gift Aid reco¥erable Total restrkted Totsl Debtors al Prepoyments a. The 2023 Gift Aid and GASDS claim. The Pccwlll reco4erall (MJtstsnrfin8 Gift Aid in February 2024. b. As hirin8 income IncaseS sod0LwJtstandiw bills from Debtors at the end ofa month. Most pay prLYnpdy. but some are le55 attentive as home busln¢sses re¢oVttfrn the economlcdtyntum. 11,901 818 12,719 7,117 6,236 13,353 375 375 113 766 766 S. Cash at bank and In hand 2023 2022 PCC CurrentAccount PCC Fees Account PCC Depostt Acctyjnt Petty Cash Operations Petty Cash account Totsl tash at bank and in hand 110.558 108.102 a. Substantial funds are held but des(8nated forpmjeds ftywlith ap•a15are awaited. see note5 2d Ifacuknesl abe. See also the notes on Funds at 7 below. 1,616 3,952 L750 2,331 103,919 12 12 6. Credttors: am UnrestrktedFunds nts fallln due withln I 2023 2022 Undoimed breaches ol nY)r•fruM from 2023 UTrpalJ purchases Dec 23 Fees liabilitlE5 1,200 4,837 751 4,726 767 SA93 Total 6.788 5.493 One item of £1,2LK$15 unpaHI and remains a5 a reserve foran Iniiial payment the thurch mof. b. Several wjrchases werè either unpresented or unpaid on 31 Dec23, incluIng the Det*mberCommon Misslon Fund payment of £3,052. The consequer of brir8irvd PCC Fees into the accounts Is thatthe PCC Is ncw liable to pay people for the ver8er. AV and other support wovkled forweddlngs and furthls. sothèsè a reccgnised In the 3ttounts. t. In addition to the creditors rece8nts at Note 6b abo4e, the condurt of weddirgs and fvnerals also creatès a liability to pay the DiSan levy on partsh fees. This sum 15 the 4th quarter fees ieturn, whith was settled lust after New Year. The fees dues to the PCC a not retned as these are an intemal transaction. 12of16 15:02 on 2V0412024
The PCC of the Ecdesiastical Parish of Eastleigh Charity Number- 1189594 Registered in England and Wales 7. Funds . Fund des¢rfptlons l. Unrestri¢ied funds Name of Fund ype of Fund Bank Current Account Bank Deposrt Account Purpose of Furbd Aord 83nk Plans for Funds PCC Business Account Rtyjtine Operations Continuous PCC Business 8ank Instant Backup fvnds for Routine OperatlW5 Bank Statements Continuous -tran5fer trigger to abo¥ at £1750. C051neutrnl. Qrterfy pw))entof 0$•nIn0 ce5. 50•n8 PtsOf$ut5tJfts Ivew. V. n(hO. oryanSstl. PCC Fees Acctyjnt (new to this report) Bank Current acCnt Fee transacbofts for Baptisms. Weddiw arwj Funerals Bank Statements Natlonal Savlngs Deposlt Fd Wrttten off by PCC in 2021 NS&I deny exlstence. Corporate memory cannot locate. Petty Cash I Cash for treasurer work Cash float for rations Routine-this is the main cash account Quickfile Continuous Petty Cash 2 Routine operations costs Cash Book Continuous 11. DeslBnaed lunds Name ot Des Fund Type of Fwnd Purposes of Fund Basls of Exputhure Plans Youth and Childn,5 Ministry Fund Designated income fund- started 2018 To accumulate fuThJs for a Chlldren and Famifies, Minister ICFMlirwwWfrryn Y¢xrth (hiklrw's Pcckn Designated bank and PGS income nd 2021. Topped up Oec20, 50 of lyeof payin f1.50tht(5m Wobotlonmd ended and Desigrnated incgme fund -started Dec 19 Designated incgrne fund- start Parish Hardship Fund For donati¢)r6 to indfvhluals in ¢ases of hardship Contlnuous lookout by PCC and Vicar. indudes COVID su tsrt Costs. Income decided atApril PCC. Laryelyfor mlsslon partners. (Renorned 20211. None er5eas Mission o help EPC to focus on overseas & lie( t. 2% of hirfn8 enue Based on histcfflc costs since 2014, thts reserve protetts the General Fund from arisi matntenance costs. Based on concerns of the PCC, this fund protects the General Fund from major refurbishment costs. 8uildin8 Malntenan Fund Designated income fund- started 20 Jul 2020 20% of hlrin8 revenue o acojmulate for bulldln8 maintenance contiencieS Strateglc Bulldin85 Fund Designatèd incgme fiJnd- started Jul 2023 Tg accumulate fun(ts for the 8 terni costs of church buildin85 By PCC Vote Restrirted funds Name of Restr Fund Fund Plans to spend funds made? Restricted Aw•a6Un8 Facuty. Nov 23 PCC ded thatthelunds it contributed were better ernpk)d in toppln8 up the Lady Chapel fund. It 15 a5knn8dcfiors of resH4ual Restricted funds to nsferthere *150. Restrirted intome fund- started November2019 2019 Appeal Car Park Fund To build the EPC All Saints thurth site car pa Lady Chapel Fund Restritted income Legacy from K Clae Top up Nov23 when laculty reCeed. 13of16 15=02 on 2110412024
The PCC of the Ecdesiastical Parlsh of Eastlei8h tharity Number: 1189594 Reglstered In England and Wale5 l¥. Custodlal ResirlrtÈd Funds Narne of Custodlal Re5trlcted Fund Purposes ol Custodial Plansto spend fvnds? restrfthoh Email from CtiE criE Fund for the unborn note 7b4. Cu5tcAlial Restritted Fund For the care of the unlx)rn and their mothers to be. ee Note 15 b. Fund detoits Trwsfersln Balance5 31 De¢¢rnber Jnuwy 2021 2023 Totol Cts h in PCC Current Account PCC Fees Account PCC Deposrf( ACcftt Petty Cash Operations Petty Cash account Total Cash 1.750 2331 103319 12 9L855 4.114 1.616 3.952 104.888 12 7bi ,493 969 -93J14 110,558 whAch Resources the Children & Famllies MlThstry Fund Parlsh Hardship Fund Overseas Mission nqtedFunds 7b2 -16 33,711 5,721 41 7b3 4.425 759 5213 -3.917 -IA90 Buildin8 maintenan Fund Strategic Buildings Fund T¢)tsl Designated 12392 7.716 15,165 io, 3.0 50295 -7.967 whlch Resources the Car Park Fund Lady Chapel Fund15tsrted Feb 20201 areRestrlctedFund5 7b4 IL61J) -11.250 11.250 350 Total Restrlcted and Deslgnated 70.735 2¥ -7.967 85,078 Restrlrted Cu5todlL71 Fun CTIE Fund for the unbom Total Restrkted Custodlal Funds In 7b6 7bl. TheTa$Urer assumed ¢trol ofthe PCC Fee5 Accwnt on 30June 2021, whKh funds of the PCC had been held in bank account in the PCC'S name, bilt which had not been pr0uSty rep in it5 accounts. So thi$ 2022 Annual Rèport brin8$ together all the funds of the PCC into one place foronty the third time. 7b2. Strirtty this is a restricted fund. as donors 8fve dIrett into IL But restricted donations fell S)rt ofthat required to pay a rninster in this area. So in theyear, the PCC has ¢Je%8natd from its general fund5 to CFM funds to support this ministry. In 2023 dirert8Nin8 ol£l.W came Into thls fur. small paents have been made out to support stay and Play. 7b3. The parlsh hardship fvnd contlnues to gèt sEnifKant use. PCC reportsthat. in 2023, on average £326 per month 12022: £2(YJl has been spentSupPDrti indNiduals in need as the cost of INing C1$ has been biting. Indwiduals do donate dirÈrtty into this fund. 7b4. Some work wa5 done in 2022 to prèpaTr ftythis appr, this fr4¢vy remains lp11cab stslled. So the futNIs that PCC designated into it have been rem(wed and assigned to the Lady Chapel Glazi Fund whKh has faculty appn)val. PCC is seekin8 approval fr< the stricted donorto transferthe rest 7b5. The PCC much regrets that it has had to spend a signifitant part ofthe bequest to prtr41de drawin8s etc In orderto facilitate this ulty. Approval came in Sèpt 23 and the Pccyd to fvnds from the Car Park to thi5 projert in Nov 23. 14of16 151)2 on 2110412024
The PCC of the Ecclesiastical Parish of EaSt¥h Charty Number. 1189594 Registered in England and Wales 7b6. Shortèned title. lft 2021, atthe request Chur¢he5Together in &istlel8h a restrlcted ¢)Jstodial fund was established ¢alled"Care for the unborn...And their mother5 to be". See Note 15. From (FM dese income1£3.2171 minu5 CFM -u92 expenses l£1.6251 -773 2% of hirin8 Income since Apr21 PCC -7.n6 20% of hiring Incomes IPCC detision Ju1201 -7.(ll) PCC dectsion 17 Awfjl 2023 -2,1KK) Hardship top up- PCC 27 Nov 2023 -3.125 Per5wal gift plus Gift Aid Gènèral Funds Gènèral Funds Genèral Funds General Funds General Funds Gentral Funds Total Transfers child & Famili. minstsy ¢er$eaS mol0ft Buildin85 MaintenatKe Strategic Buildings Fund Parish Hardship Fund Parish Hardship Fund 8. Assets and Uablllties Fund Unrestrirtedfvnds Creditors= amounts falllng due In one year Unrestrirted Gift Aid and GASDS recwerable Other Debtots & PrEpayments Total unrestritted Total -6.788 -6.788 ILgJI 818 11.901 5.931 5.931 DeslpTh>tedJw Designated Grft Aid rec(Nerae 375 375 Restrktedfvnds Restricted Gift AidlGASDS reverab 766 766 Restrl¢tedCustodlolJun Churche5 Together In Eastlelgh"Care fcrfthe unbryn and thelr Totab all funds 5.931 375 766 7,on 9. Commltments under Hlre Contra 10. Hirin Revenues & Costs a. As mana8in8 trustee the two SeS In the Parish. the PCC5ets the rates of hire annualty. The slgnmcance of hirirg income to the PCC accounts is suth that the Pcctracks the costs of its rental attivities foreath bull ding to ensure it is propedy di*har8in8 its responslbilibes. This track1 15 ped here. b. In 2023 thè PCC continued to use the new contracts in its pc4ic5es. PCC Cktober 2023 deliberation5 on rates for 2024 made a IO% chon8e in hlring rates to reflertthe major hike in Lknlthes t¢rt% t. The table below pOrtS the retLYn on cathl on builthir¥ underthe PCCS man4ement. Slte values were updateil by the PCC'5 insurers in 21r20. PCCoSse$5n retum on mon 2022 Return A$5etvat thKOm1 2023 Surplus 13)231 2022 Surplus All Saints 8uildin8 AS Hall IMeetTng Room) St Francls Building .16% 0.01% 17,871 3.476 6,312 -17.871 314 27,202 -9,214 14.257 28,04S 720.CQ) 33,514 Total 0.07% 14.720.ff 37.305 27,659 9.645 33,088 15of16 15:02 on 2V0412024
The PCC of the EesiaStical Parish of Eastleigh (tharlty Number: 1189594 Re8iStered in England and Wales d. The rental income for Saints Bulldln8 was zen) In 202312022.. £2291: it is bel used for its proper purpose of ministry. Its insurance and utilities costs are rerted here as part of the PCC5 Stewardship ofthese assets of the Diorese. The 2023 retum on the capita employe(I IROCEI in the PCCS thcoE5an building5 was 0.07%10.23% In 20221 compared with a 8ank of England interest rate which rose 5 times in 2023. up to 5.25% at year wrfl. The the major eamer returned at 3.78%. e. The PCC Is In N> way qualffied, norls It attemptyn& to woduce ccmmercial retums on these buildin8s Iwhlth it consklers CNervaluetl by insurer5 anyway). But it does reportthe return as a comparathe way to dem$te the efficlent use of the buildlngs uniler its management. 11. Costs offvndraFsi 2023 2022 Costs of fvndraisi a. The Charity Commission 8uidancÈ on Charitse5 and Fundraising ICC201, requires the PCC to dedares its costs of fundraising. Some new 8MnB enveknpes were btyjght in 2023. and the 2023 cost is £6012022.. Aill. b. In 2023, the PCC had no C£trattotherre1at1onShIpWlth professional fuThJraisers, but it do use the Parish GNin8 Scheme and Chur¢hSuite las 3ppnJpriatel to help gather funds daim Gift Aid. The msts of the Church Suite fundrdising package are not broken out from tts administrative ffijnttiotis. but are reported under Othersupport Costs as Office&Adrnin expenses at Note 2 abry¥e. c. In November 2020. the PCC opened a relatior6hip with Amazon Smli e to gamer O.S% of pariShT5, online spendir wrth Amazon. at their choice. This fund wa5 dosed unilaterally by Amazon in February 2023. 12. Related Pa Transartlons 2023 2022 Relat P3rtytransartloTrs 6,117 4210 a. Churches face the intrÈa5in8 burdens of re8ulatwy Comprian and of maiTrtenan work on Èlderly buildings. This burden when combined with thè COWD induced pressures like job survNal. Onne meetiw and i501ation reduce5 the number ofvolunteers and puts ever inncreasSng psSUre PCC member5 to meet the PCC'S reswnsiblities. Thls results In payments to PCC member5 fortheir bou. Suth payments are repwied he. b. The charity's constitution allows PCC members to be rumunerated forwork otherthan as a trustee. In 2023 this was £6,117 a 45% intrèasè12022.. £42101. Q489 ofthese transactions We fOrMinIStration and Stay and Play. £407 for being verger or providln8 AV forweddings and funer¥ls. £1.176 for deanin& £L440 for maintenance seNlces paid for by a PCC mernber and the balance1£157) for acctyjfttirg cc6ts. £1375 went to relatNes of PCC member5 not the members themselves. 13. 'GTeen' rfsh a. As well as foeusin8 on Jesus, Misslon in &istleigh, in 2021 offKers of PCC arti$ have Continued to bulld foundations fora'greene¢ parish. The Parish website has dètails. Acti( in 2021 incluiled: Continued use of l(Th'green' ele£twty since Au8ust 2020. ii. Better eneryy contrt4 501Lrbrms for heatin8 at St Franc. Fitted in November 2021. ill. Contlnued work to tran51tion to SMAAT meters from the r*w erergy SUpplr lffinal fft January 20241.. Iv. Vlewing glazing the ia(ty thapel Iforwhich a le8xywas rec in 20201 t#)th as treating a breakout room and as an energy saving measure. Faculty re¢ewed in September23. 4. ChurchesT in Eastlei h "Care for ~and theiv mothers to be." In May 2021, facing the loss of the Christian input in EaSth into the tare of univn thildn and thelr mothers. the Ch(rrches T¢ydeiher In Eastleigh ICtIEI requested that the PCC established a Restricted Custodial fund on its behalf. To 31 December 2023 no funds had been recewed orexpended ft>r this Fund. 16of16 15'.02 on 2V0412024