## ## ## ||||Page| |---|---|---|---| |Trustees'
Annual
Report|||| |Independent|Examiner's|Report|10| |Statement of|Financial Activities||12| |Balance Sheet|||13| |Notes to the Accounts|||| ## ## ## ## ## ## ## ## ## ## ## ## |s at 31~ December 2023are:||| |---|---|---| ||2023|2022| |Lloyd's Bank Current Account
Lloyd's Bank online Deposit Account
Church of England
(CCLA) Stella Fund
Hunter
Financial Management
St James's Place
Flagstone
TOTAL|f17,399
f2,000
f6,058
f120,646
f165,946
f306,672
f618,721|f14,776
f2,000
f5,558
f110,994
f168,279
f314,805
f616,412| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Endowed|Total Funds|Total Funds||| |---|---|---|---|---|---|---|---|---|---| ||||Eund|||~0|2022||Notes| |Income and endowments|from:||||||||| |Donations
and legacies
Charitable
activities
Other trading activities
Investments
Other receipts|||45,320
7,179
4,955
24,549|657||45,977
7,179
4,955
24,549|33,675
5,703
2,533
6,056||| ||||||||124||| |||||||||~|| |Total income|||82,003|657||82,660|48,092||2| |Expenditure
on:|||||||||| |Raising funds
Charitable
activities
Other trading activities
Other expenditure|||1,540
71,743
120|318||1,540
72,061
120|802
75,752
2,000||| |Total expenditure|||73,403|318||73,721|77,554||3| |Netgains
(or losses) on|investments||||||||| |Net income or (net expenditure)|||8,600|339||8,939|(29,463)||| |Transfers between
funds|||||||||| ||||8,600|339||8,939|(29,463)||| |Other recognised gains/(losses):|||||||||| |Gains/(losses)
on revaluation||of|||||||| |investments|||||||||| |Othe r ga ins/(I ass es)|||||||||| |Reconciliation offunds:|||||||||| |Net movement
in funds|||8,600|||8,939|(29,463)||| |Tota
I funds
brought
forwa|rd||631,185|24,471|6,276|661,932|692,395||| |Total funds carried forward|||639,785|24,810|6,276|670,871|661,932||| ## ## |||||Total Funds|Total Funds|| |---|---|---|---|---|---|---| |||||2023|2022|Notes| |Intangible
assets||||||| |Tangible|assets|||||| |Heritage|assets|||||| |Investme|nts|||||| |Total fixed assets||||||| |Stocks||||||| |Debtors||||||| |investments||||3,562|2,134|10| |Cash at bank and in hand||||292,650|284,$31|| |||||326,071|331,581|| |Total current assets||||||| |||||622,283|618,546|| |Creditors:|Amounts|falling due within|one year|(1,414)|(2,340)|| |Net current|assets or|(liabilities)||||| |||||620,869|616,206|| |Total assets less current liabilities||||||| |Creditors:|Amounts|falling due after more than one year||620,869|616,206|| |Provisions|for liabilities|||||| |Total net assets or (liabilities)||||||| |||||620,869|616,206|| |The funds ofthe charity:||||||| |Endowment|funds|||||| |Restricted|income funds|||6,276|6,276|| |||||19,568|24,471|| |Unrestricted|funds|||||| |Unrealised|Loss on Investments|||658,698|650,098|| |Total unrestricted
funds||||||| |||||658,698|650,098|| |Total charity|funds|||||| |||||684,542|680,845|12| ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Endowed|Total Funds|Total Funds|| |---|---|---|---|---|---|---|---| ||||||ZOZR|ZQZ|Notes| |Planned
giving (excl. tax refunds)
Loose cash collections
Special Appeals
Gift Day
Other donations
Other Donations
for Charities
Gift Aid tax recoverable
VAT recovered
Lega cies
Gra nts||14,157
4,662
2,387
5,240
7,344
513
10,317|432
225||14,157
4,662
2,387
5,672
225
7,344
513
10,317|615,007
f4,452
f3,915
f3,679
f573
f5,551
f498|| |||700|||700||| |Donations
and legacies||f45,320|f657||f45,977|f33,675|| |Council tax recovered|||||||| |Weddings,
funerals,
stone|fees|7,179|||7,179|f5,703|| |Charitable
activities||f7,179|||E7,179|f5,703|| |Summer fete
100Club||3,209|||3,209|f1,001|| |Plants/books/
cards||936|||936|f912|| |Open
Church|||||||| |Concerts||810|||810|f614|| |Other trading activities||f4,955|||f4,955|f2,533|| |CBFdeposit interest
Deposit Interest
Stella Fund Dividend
(Churchyard)
Unrealised
Gains from Investments
Interest from fnvstments||124
11,884
42
7,819
4,680|||124
11,884
42
7,819
4,680|f69
f2,693
f124
f3,170|| |Investments
Other receipts||f24,549|||f24,549|f6,056|| |Total income and endowments|on all funds|f82,003|f657||f82,660|f47,967|| ## ## |3Analysis ofpayments|||||||| |---|---|---|---|---|---|---|---| ||Unrestricted|Restricted|Endowed|Total Funds|Total Funds||| |Fete Expenses
Open Church
Concert Expenses
Digita
I Giving Charges
100Club Expenses/prizes|Fund
f
696
107
204
83
450|~Fund|Fundus|2023
696
107
204
83
450|2022
E
62
77
204
450|Notes|I
I| |Cost of raising funds|E1,540|||E1,540|E802||| |Charitable
grants
and donations
Parish share to Chichester Diocese
Organist/other
Clergy/Altar
supplies
Church
Insurance
Flowers|1,700
30,000
7,268
2,070|318||2,018
30,000
7,268
2,070|2,503
33,704
5,367
1,710||| |Staff Salaries
Pension
Fund Fee
Staff Training
Payroll Administration
Recruitment
Fees
Clergy
m i Ieage/te I/b roadba nd
Architects'
Professional
fees|4,543
77
10
297
50
2,067|||4,543
77
10
297
50
2,067|423
3,422
192
594
2,139||| |Subscriptions
Elec/oil/he
ating/orga
n ma in t
Printing
a nd photocopying
Stationery
& Office Equipment
Upkeep ofchurchyard
Verger fees/hall
hire/miscellaneous
Contribution
to Benefice|1,166
3,490
176
189
5,009
1,379|||1,166
3,490
176
189
5,009
1,379|10,545
515
3,246
862
755
3,690
1,024||| |Church
maintenance|||||2,500||| |Clergy council tax/water/decoration
Youth
Fund Expenditure|12,252|||12,252|2,298||| ||||||139||| |Cost ofcharitable
activities|E71,743|E318||E72,061|E75,628||| |Investment
Management
fees|||||||| |Audit Fees|120|||120|1,000||| |Cost ofother trading
activities|E120|||E120|E1,000||| |Total expended
on all funds|E73,403|E318||E73,721|E77,430||| ## ## ## ||||Unrestricted|Restricted|Endowed|Total Funds|Total Funds|| |---|---|---|---|---|---|---|---|---| ||||~F|Eundo||ZQZ3|~222|Notes| |Overseas:||||||||| |George Muller Charity|Trust||200|||||| |Mission to Seaforers||||||||| ||||||||401|| |Mission Aviation
Fellowship|||200||||200|| |Friends of the Holy Land|||200|||200||| |AICWARDA
Education|Ghana||200|||200||| |UNRWA Gaza|||200|||||| |Home:||||||||| |Cancellotion ofunbanked
Wignell (Lent Boxes)||cheque 2 years old|||||(70)|| |Sponsorship||||||||| ||||||||200|| |The Chi ldrens Society (Lent Boxes/Chrrsti ngle)||||195||195|33|| |Assistant
Curate Society (Lent Boxes)|||||||119|| |Family Support
Work|||400|123||523|400|| |Seahaven Food Bank|||200|||||| |LivabIhty|||200|||200|200|| |Beachy Head Chaplaincy||||||||| |First Responders||||||||| |St WI%id's Hospice|||||||200|| |Computers for Charities|||100|||100|100|| |Homelink|||200||||200|| |Waves||||||||| |Seaford Community
Church||||||||| ||||||||2OO|| ||||2,100|318||2+18|2,503|| ## |5Staff costs|||||| |---|---|---|---|---|---| ||Unrestricted|Restricted|Endowed|Total Funds|Total Funds| |Remuneration|||||| |Wages ond salaries
Employer social security costs|4,543|||4,543|3,422| |Payroll Administration|297|||297|| |Employer pension costs
Staff Training|77
10|||77|192| |Recrtuitment
Fees|50||||| ||4,977|||4,917|4,208| ## ## ## ## |a Investments||||||| |---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowed|Total Funds|| |||~Fnd|~Fun|FuunFs|2023|Notes| |Marketvaiue
Disposais at|1January2023
carrying value|279,273||5,558|284,831|| |Purchases
at|cost|||||| |Net ga ins a nd|reva luation|7,319||500|7,819|| |Market value 31December 2023||E286,592||E6,058|E292,650|| ## |b Tangible fixe|d assets||||||| |---|---|---|---|---|---|---|---| |||Freehold|land|Audio visual|Office|Total fixed|| |||andJeiildiiigs|||||Notes| |Cost or valuation|||||||| |At 1Ja nu a ry 2023|||||||| |Additions|||||||| |Disposals|||||||| |Revaluation|||||||| |At 31December|2023||||||| |Charge for impairment|||||||| |At 1Ja nua ry 2023|||||||| |Additions|||||||| |Disposal s|||||||| |Revaluation|||||||| |At 31Decembe r|2023||||||| |Net book amounts|||||||| |At 31December 2023|||||||| |At31December 2022|||||||| ## ## |9Analysis ofnet assets by fu|nd|||||| |---|---|---|---|---|---|---| ||Unrestricted
Funds|Restricted
~Fun|Endowed
FuunE|Tote I Funds
~22|Total Funds
2022|Notes| |Fixed assets for church use||||||| |Investment
Current assets (except cash)
Cash at bank and on deposit
Current liabilities
Long term liabilities|286,592
3,562
326,071
(2,041)||6,058|292,650
3,562
326,071
(2,041)|284,831
2,134
331,581
(2,340)|| ||E614,184||E6,058|E620,242|6616,206|| ## |||Unrestricted|Restricted|Endowed|Total Funds|Total Funds|| |---|---|---|---|---|---|---|---| ||||||ZQ23|2022|Notes| |Gift Aid tax|recoverable|3,223|||3223|2,126|| |Prepayments|and accrued income||||||| |Otherdebtors||339|||339||| |||E3,562|||E3,562|62,134|| ## ## ||||Unrestricted
Funds|Restricted
~Fund s|Endowed
~Fund s|Tota I Funds
2023|Total Funds
2022|Notes| |---|---|---|---|---|---|---|---|---| |Deferred|income|||||||| |Accruals forutilities
Other creditors||and othercosts|1,211
203|||1,211
203|1,232
1,000|| ||||E1,414|||E1,414|62,340|| ## ## |Creditors: amou|nts
falling due a|fter more than|one year||||| |---|---|---|---|---|---|---|---| |||Unrestricted
Funds|Restricted
~Fund s|Endowed
~Fund s|Total Funds
2023|Total Funds
~222|Notes| |Deferred
income|||||||| |Accruals for utilities|and other costs||||||| |Archdeacon's
loan|||||||| |Other creditors|||||||| ## ## ## |12Statement|offunds|||||| |---|---|---|---|---|---|---| |||Balances|||Transfers,|Balances| |||b/fwd
1Jan 2023|Income|Ex enditure|other gains
and losses|c/fwd
31Dec 2023| |Stella Fund||6,276|42|(42)||6,276| |Total ofall endowed|funds|6,276|42|(42)||6,276| |Fabric fund
Generalfund||20,373||(5,039)||15,334| |Flower fund
Youth Worker fund||110
3,988|1,450|(1,209)
(105)||351
3,883| |Total of all restricted|funds|24,471|1,450|(6,353)||19,568| |General
fund||650,098|82,003|(73,403)||658,698| |Total ofall unrestricted|funds|650,098|82,003|(73,403)||658,698| |Total funds||E680,845|E83,495|E(79,798)||E684,542| ##