St. Andrew's Bishopstone Parochial Church Councll of St Andrew Blshopstone (Charity Re8lStration No. 11961601 Report and Accounts For the year ended December 31. 2024 Contents Page Trustees, Annual Report 3-10 Independent Examiner's Report li Statement of Financial Activities 12 Balance Sheet 13 Notes to the Accounts 14-21 Parochial Church Council of St Andrew. Bishopstone Trustees Annual Report for 2024 Airn and Purposes The primary objective of St. AF)drew'5 PCC is the promotion of the Gospel of our Lord Jesus Chrlst accordin8 to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the Benefice Rector and the Priest at St Andrew's in promoting in the ecclesiastical parish the whole mission of the Church pastoral, evangelistic social and ecumenical. Objectives and Activities The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Andrew's. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many group5 that live within our parish. Our services and worship put faith into practice through prayer and scripture, music, and sacrament. When planning our activities for the year, we have considered the Commission's guidance on public benefit and, in particular, the supplementary guidance on 'charities for the advancement of religion,. In particular we try to enable local people to live out their faith as part of our Parish community through: Worship and prayer: learning about the gospel; and developing their knowledge and trust in Jesus. Teachin& baptizing, and nurturing new and existing believers. Provision of pastoral care for people living in the parish. Supporting missionary and outreach work as Part of our charitable glving. To facilitate this work, It Is important that we maintaln the fabric of the Church of St. Andrew's, and also maintain the "open- churchyard to enable relatives and visitors alike to experlence peace in this sacred place. An annual open-air service is held 'ln memory of those at rest,. Achievement and performance Church attendance; The church family welcomes vi51tors from within as well as outside the parish boundary. It is our great pleas￿re to welcome anyone from all walks of life to take part in the lrfe of the church. We contend that voluntary attendance to worship the Lord Jesus Christ. is a major demonstration of the public benefit of our activities. In 2024 a Revised Electoral Roll was created. The total number on the Revised Roll was 86, an increase of I from the prevlous year. Our attendance numbers have suffered as we have continued to sadly bear the passing of more of our congregation due to age and illness. There were two baptisms during the year and two of our congregation were Confirmed. Unusually no weddings took place. There were 6 funerals in church, seven le55 than last year, however we recorded eight Interment of Ashes that took place without a funeral taking place at St. Andrew's. Our minister conducted one funeral at crematorium. We continued to keep the church open and stewarded on Wednesdays and Saturdays to welcome visitors from January to July while we undertook security measures to have the church open every day without being stewarded, this we achieved on 6th August, enlisting the help of village residents to enable us to do so by unlocking and locking the church. Guided tours can be arranged by prior appointments for individuals or groups. Many people enjoy the peace of our churchyard and numerous walkers enjoy their lunchtime taking a rest on the benches provided. These benches were fully restored by a local resident during the year. Ground Contractors take care of the mowing of the churchyard on a regular basis and trimming of hedges and some members of the congregation tackle other jobs throughout the year. An important restoration of a crumbling boundary flint wall was undertaken. The PCC were able to meet six times during the year. An additional Joint PCC with St. Peters was held to comply with Section 11 regulations during a Vacancy which had occurred at the end of June when our Rector Rev Arwen Folkes left to take up another post in Eastbourne. To deal more efficiently with all the aspects of church life the PCC formed two sub-groups in 2022, one incorporating Building and Worship, the other overseeing our busy parish Outreach agenda These groups continue to work well. At our PCC Meeting in May a new Safeguarding Officer, Sarah Butler was appointed and became a rnember of the PCC. Two more members of our congregation completed thelr tralnln8 as Lay Ministers of the Blessed Sacrament, one of them helping with home communion. Our Sunday worship offers a Said Eucharist at 8.00am followed by a Sung Eucharist at 10.30am wlth a replacement service of Matins on the second Sunday ofthe month and a Sung Evensong on the first Sunday of the month. There is always a Wednesday Eucharist at 10am. which incorporates Wholeness and Healing on the last Wednesday of the month. The Benefice continues makin8 available to all, Advent and Lent courses. As a PCC we have continued to work towards the fulfillment of our Mission Action Plan much work has been undertaken by our Fabric Officer including the continuing project to extend the existing vestry adding a new tea point and WC facilities to St Andrew's. The same Mission Attion Plan saw us continue to provide many events throughout 2024. all needing it would seem refreshrnents in one form or another, and so our thanks 80 to all who undertake so much within the Outreach group. We welcome the opportunity of keeping in touch with our Parishioners and those further afield on a monthly basis via our E-Newsletter. Review of the Year: At the beginning of 2024 we held a Public Meeting to enable us to proceed further with our building project of extending the existinB vestry and providing toilet facilities. The meetin8 wa5 well attended by local people and others. On display for all to view were plans drawn up by our Architect Richard Andrew's who was on hand to answer any questions. In April following Easter services we held an Open Church Day on Bank Holiday Monday, inviting visitors to call in and find out a little more about the church and worship. Children were entertained with an Eye-spy competition, colouring, and sowing mustard and cress seeds. April also marked the first anniversary of our house for duty Associate Vicar Revd. Elizabeth Jinks being with us. It was decided during the end part of 2024 that we would join with the Bishop5tone Parish Hall Committee in organising a Joint May Fayre on the last Saturday in May. This was a great success especlally in terms of support from local people and further afield, the proceeds being divided equally between Church and Hall. At the end of June, we said farewell to our Rector of the United Benefice Revd Arwen Folkes. To wish her well in her new appointment as Vicar of St. Mar¢s, Old Town, Eastbourne we held a leaving 'do' for her in the Parish Hall. Following Arwen's departure our Benefice entered into a Vacancy from July which led us to working closely with St. Peter's to create a Benefice Profile with a viewto advertising the vacancy. In support of Christian Aid, in addition to helping in their annual appeal, we held a Strawberry Cream Tea. In place of our usual annual service to mark Sea Sunday second Sunday in July, it was decided to mark the 200th year of the RNLI especially with the local lifeboat station being so close to us at Newhaven, a Blessing of the Sea service took place on the beach with the lifeboat joining U5 just offshore. An event mainly for children was held on Saturday 10 August with various activities linked to nature with bug hunts in our extended piece of land 'God's Acre, and more things to do in the hall. The following day 11 August we had perfect weather to allow us to hold our Annual Open-Air Service In our churchyard 'ln Memory of loved ones at rest., A slmple and reflective servlce in very peaceful and sacred surrounding. All who attend were invited to refreshments in the hall afterwards. Unfortunately, in September the weather let us down and sadly the Open-Air Pet Service had to be cancelled much to everyone's disappointment. In October followin8 our Harvest Thanksgiving service5 a bring and share lunch proved popular as always. A congregation of 28 at Evensong provided a fitting end to our celebrations. At the end of October, we were back in the Parish Hall again for more refreshments bidding farewell to our A55iStant Curate Fr. Joe Padfield. We were Sad to See him go but delighted that after his four years of training he was able to move to a parish of his own as Rector of St. Peterfs, Henfield, West Sussex. In our sixth month of Vacancy interviews were held on 21st November to hopefully find a new Rector for our Benefice. Thankfully the position was offered and accepted by Revd Dr Simon Earnshaw from Clayton with Keymer in West Sussex, We look forward to his arrival early in 2025. At our PCC meeting in November we agreed our annual Charltable Giving of £2,000 allocated as follows: £200 in support of a student at Hebron Village in India, £400 to the Diocesan Family Support Work, £200 Livability for disabled, £100 Computers for Charities, £200 Mission Aviation Fellowship, £200 AKWARDA Education Ghana, £500 Mission to Seafarers, £200 Local Food Bank. We were pleased that our Patronal Festival and Gift Day in November. was actually on St. th Andrew's Day Saturday 30 Revd Elizabeth celebrated the Eucharist Service and as guest speaker we welcomed Revd Dr. Richard Coldicott from Elizabeth's previou5 parish. Prior to these celebrations every home in the Parish receives a three-fold leaflet inviting them to join u5 for worship, to make a contribution towards our gift day, and to welcome them to our Christmas services. Christmas services were well attended including the Christingle Service with children in mind. Traditional Nine Lesson5 and Carols was much appreciated with 88 in the congregation some of whom stayed on for afternoon tea in the Parish Hall. This year with the help of musical residents in the village we had the benefit of an augmented choir. In an endeavour to welcome the wider community into St. Andrew's'Arts @ St. Andrew's, was created to provide a programme of events. Many enjoyed a musical evening with singer Dame Felicity Lott a resident in the village. In June we were pleased as part of Arts @ St.Andrew's to welcome young musicians of Create Music who performed a lovely selection of music to the delight of their parents and visitors. In December these very talented young musicians returned again to play for their parents and St. Andrew's friends and visitors. Associate Vlcar's Report for St Andrew'5 2024 The year continued with our interviewing and appointment of a new Rector, (who is now the Father Simon Earnshaw, and we will be delighted by his arrival and licensing in March of this yearl. As a PCC we have continued to work towards the fuifilment of our Mission Action Plan to help including the continuing project to add new tea point and WC facilities to St Andrew's. The same Mission Action Plan saw us continue to build Arts @ St Andrew's, and our outdoor services were again well sUPPOrted. It was a delight to welcome so very many people to our joint Summer Fete being blessed with good weather. With a renewed hope of working more closely with our wider community we have been grateful for the support of local parlshioners with keeping the church open and shut- there has been no major incident or theft. Their involvement at our Nine Lessons & Carols, and their support of our Arts events has been a wonderful boost (unfortunately the outdoor Carols service was cancelled due to bad weather). Our commitrnent to building stron8er relationships With local charitable organisations led to hiring meeting space at the 'Friends of Bishopstone Station. working with residents of Bishopstone Village to build on the success of Outdoor Carols. Our Christingle service continues to grow. and we are pleased that the Little Fishes (shared project with St Peter'sl is another aspect of our life that is increasing in strength. In 2024 we saw the appointment of Sarah Butler (Parish Safe8uarding Officer) and we are pleased to welcome Sarah as our new Parish Safeguarding Officer. I personally thank Hilary Norsworthy who has worked so hard in the role of churchwarden, a task which has been marked by rnuch time and patience this year. Michael Burton for hls musical gift as ou r organist, Jane Lucy for the huge amount of work that she does in our outreach activities, Anne Clark for the vitally important financial work, Richard Martin for attending to our buildin& and to all who read, intercede, clean, arrange flowers, our lay people in serving at the altar and administer the chalice. Margaret Sharp and others in their many other roles that help us to create this church community and bear witness to the Gospel in this place. Though we still struggle with diminished numbers (compared to pre-pandemic) we notice that our numbers seem to have settled into a new stability. We are ever hopeful that the spirit and determination of our Ministry Team, PCC Trustees and church members will lead us, by the grace of God, to bring our longer-term plans into fruition. Revd. Elizabeth Jinks Associate Vicar of St Andrew's, Bishopstone The Fabric RÈp(wt Compiled by The Fabrlc Officer on behalf of the Churchwarden. You will recall that it wa5 reported at last year's APCM that all the work in priority list A of the quinquennial survey of 2018 had now been completed except for two items. The loose wood blocks in the floor have now been secured but we are Still rnonitoring the external black 5ea13nt to one wlndow. We have now received our 2023 quinquennial inspection report. At a meeting of the PCC on 24th January it was unanimously agreed that we should proceed with our architect's scheme B for the provision of a toilet and vestry to the rear of the existing vestry and that instructions should be given to him to apply for planning Permission. Consent wa5 granted by Lewes District Council on 16th May 2024. This still leaves the need to obtain consent from the DAC. £802.80 plus vat was paid to the architett for his work involved with the planning consent. Nothing further has been done regarding the formalisation of the churches use of the driveway leading up to the lych gate. At a meeting of the PCC on 19th March it was a8reed that the area around the two rubbish bins and the handrail should be levelled. This was carried out at a cost of £127.30. No vat. A Heritage Assessment Report was prepared bythe archaeologist Chris Butler at a cost of £902.50 plus vat, this was a report required as to the stonework and its age of the vestry wall that would be removed to extend the vestry. At a meeting of the PCC on 29th May it was agreed that we should arrange for repairs to the south boundary wall to be carried out as listed in several quinquennial reports. Thi5 was completed at a total cost of £4464.95lno vat) after a donation of £700 from the adjoining owner. At the same meetingthe PCC agreed to pay a fee of £3100.00 plus vat for the engineers input to the design of the extension strutture, a fee of £250.00 plus vat for the archaeologist to prepare WSI report and a fee of £6000.00 plus vat forthe architect to prepare the full working drawings. It was agreed by an email to all PCC members on 26th July to authorise the payment of £2412.00 inc vat to Impact Geotechnical to prepare two bore holes and dig two trial pit5 and an interim faculty was granted for this on 16th August. Work was carried out in early September. At a meeting of the PCC on 6th August it was agreed that St Andrews would be open for the public each day without church watchers subject to various security measures being put in place. These included a steel cupboard to store all altar wear, communion wine, keys etc; a sensor light to come when people enteringthe church; security marking all moveable/valuable items; and keys for all those needing a set for the church. The cost of these items was approximately £800 inc vat. Various electrical repairs were carried out by GK Pope and Son. These included a socket replacement £132.50 plus vat. replacement of a light fitting in the tower £286.65. A five yearly test of the entire electrical installation £465.00 plus vat and work following that test and provision of a test certificate £643.00 plus vat. Sergio Medlna Landscapes were instructed to clear all round the overflow church yard (Gods Acre) at a cost of £450.00 no vat. All the seat5 in the churchyard were sanded and oiled at a cost of £420.00 no vat. In accordance with the latest regulations and the insurance company's recommendations a test of the lightning conduttor was carried out in December at a cost of £150.00 plus vat. in 2020 the PCC agreed that the grass in the church yard should be cut by contrartors. This was continued this year at a cost of £2050.00 Ino vatl to include the overflow churchyard and cutting the perimeter hedge adjacent to the village 8reen and all the bushes in the churchyard. Priority Fire Services made their annual maintenance inspection in November and replaced one extinguisher and serviced the other5 at a total cost of £247.29 inc vat. Hilary Norsworthy Churchwarden. Treasurer's Financial Review Excess of Incorne over Expendlture: . Unrestrltted funds decreased by £615. Restricted funds decreased by £9,469. Total Deficit £10,084 as in the Financial Statement, compared with a surplus of £8,939 in 2023. I have to report that expenditure exceeded income for the year. We know that our volunteers have worked extremely hard but if it wasn't for the generous past legacies that we have received, we would be in difficulty. Everyone is encouraged whenever possible to sign up to the Diocesan Parish Giving Scheme IPGSI which we have now run for the past five year5. Thi5 scheme automatically calculates gift aid payable monthly and deposits it directly into St. Andrew's bank account along with the actual donation. A claim under the Gift Aid Small Donations Scheme is separately made including all other Gift Aided donations received. PGS also ha5 a single donation gift aided service and details of how to access these are in the "Ways of Giving" leaflet. We have received £4,912 as tax refunded. We would also encourage people to join "Easyfundr3ising- where we can be gifted money at no cost to the donor. Unfortunately, our PGS giving has reduced sllghtly and we would encourage as many people as Possible to use this tax-efflcient method of supporting the church. Our installation of a dl8ltal giving deblt/credit card machine in the church has brought in £1.030 in the year. It was reported two years ago that the church formally registered as a charity which brings with it several additional responsibilities regarding Charity Commission annual returns, but also the need to produce accounts on an accruals basis which is now done. The generous legacy from Jean Mossop in 2021 was invested until such time as future projects can be carried out. In 2022 the funds were split into investments and deposits as well as maintaining the funds with Martin Hunter Financial Management. No changes have been made during the year. Balances at 31, December 2024 are: 2024 £19,104 £2,000 £6,276 £124,306 £161,160 £299,809 £613,781 2023 £17,399 £2,000 £6,058 £120.646 £165,946 £306,672 £618,721 Lloyd's Bank Current Account Lloyd'5 Bank online Deposit Account Church of England ICCLAI Stella Fund Hunter Financial Management St Jame5'5 Place Flagstone TOTAL Fortunately, the stock market Investments with Hunter Financial Management have increased sli8htly in value at the 31st of December, however St James's Place fell sli8htly. The sum of £12,000 was drawn down from Flagstone during the year to supplement the cash needed for expenditure, but interest gained on these deposits amounted to £4,937. This deposit platform enables us to split the total into FSA protected individual deposlts for variable lengths of time to maximise interest rates. I reported last year that the reinvestment of these fund5 in December 2022 was set to bring in just over 4°h. In December 2023 5.5% and 5.15% were achieved, but in December 2024, rate5 had reduced again to between 4.38% and 4.98%. Further legacies this year were received from Susan Roebuck and Patricia Jeremy. The largest expenditure for the PCC was the Parish Share contribution paid to the Diocese to cover our ministry costs. Our pledge for 2024 was £30,735 and £31,657 ha5 been committed for 2025. Since January 2021 we have employed as a Benefice an Administration Assistant. the salary being split equally with St Peter's. Architerts, fees of £13,000 {£5,039 in 20231 have been spent on investigations into the Tower and plans for the proposed toilet facility. These costs include £9,280 whlch have been taken from restricted funds Ifabricl rather than direct expenditure. The Flower Fund had been fully spent but has since been topped up with 8enerou5 donations. During the year £1,911 was received and £2.060 expended with a balance at the year-end of £202. The Youth Worker Fund has had no income or expenditure durin8 the year, standin8 at £3,883, but will be fully utilised when a Youth Worker is appointed. Reserves Policv The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to church upkeep and ensure that support and governance costs are covered. The balance held as unrestricted is higher than 15 needed at present due to the significant legacy and the need to expend this on special projects which will take several years to plan and complete. The trustees consider the reserve requirements of restricted fund5 separately. There is one endowment fund1Stella Fund) the balance of which was £6,276 at 31, December 2024. only the income from which can be used for churchyard maintenance, which is invested with the CBF Church of England Funds through CCLA. For the remaining restricted funds both capital and interest can be spent provided it is for the designated purpose. At 31 December 2024 this was: Fabric Fund Flower fund Youth Worker Fund £6,054 £202 £3,883 Anne Clark. FCCA, FCILT Treasurer Structure. governance and management The Parochial Church Council IPCCI is a registered charity, number 1196160. Its governing document 15 the Parochial Church Council (Powers Measure 19561. Our Safeguarding and Health & Safety Officer ensures that we are compliant with the current regulations, and we have been issued with a certificate for SQP (Simple Quality Protects), Website: htt :Ilebbchurches.o Rector- Revd Arwen Folkes January to June Imoved to St. Mary's Eastbournel Vacancy: June to Dec- The Rectory. 86 Belgrave Road, Seaford, BN25 2HE Associate Priest: The Revd Elizabeth Jinks, 14 Marine Drive, Seaford, BN25 2RS During the year the following served as members of the Parochial Church Council- Rector: The Revd Arwen Folkes January to June Associate Vicar The Revd Elizabeth Jinks A55t. Curate The Revd Joe Padfield Jan to Oct (Moved to St. Peter's, Henfield) United Benefice Mrs. Kay Blackburn (Retired December) Hilary Nor5WOrthv Reader Warden Representatives On Deanery Synod.. Mrs Liz Rllev Mr. Malcolm Mazey Elected Members: Mrs Jane Lucy Mrs. Ann Graham Mrs. Anne Clark (Treasurer) Mrs Pauline Martin Dr. Lyn Thomas Mrs. Vi Roberts Mr. Philip Pople Mrs. Brenda Westcott Mrs Teresa Everest Mrs. Chris Jennings from APCM 2022 frorn APCM 2023 from APCM 2024 Independent Examiner: Mr. Mark Boxall, Shoreline Accountants Ltd, 25 Clinton Pl, Seaford BN25 INP Bankers: Lloyds Bank, 8 High St, Lewes BN7 2AD Investment Advisers Hunter Flnancial Management, 9 Sutton Road, Seaford, East Sussex, BN25 IRU Flagstone Investment Mana8ement Ltd, 1st Floor, Clareville House, 26-27 Oxendon Street, London SWIY 4EL Mark Holland Wealth Managernent Ltd, 30-34, North Street, Hailsham, East Sussex, BN27 IDW This Trustees, Annual Report W35 Approved by the PCC and si8ned on their behalf by The Associate Vicar and the Incumbent PCC chair. Signed Rev'd Elizabeth Jinks Date Signed Hilary Norsworthy Date io Shoreline 01223404BOO. 01273 06s064 hel'.Oiai4ho". elineècooiiniar)ts.co.uk wbvw.Sl)oieiii￿Ia(cO￿I1ia1}tS LO.uk ACCOUNTANTS LIMITED ShorelineAccountants Limited 5 Llinlon l)laLe. ¥edfui(J. Fiisl Sussex. BN25 114P Examintis re ortlorthe Parochial Church Council of St Andiew Bisho stone pcc I report on the accounts of the Organisation for this period ended 31" Decernber 2024. Respective responsibilities oftrustees and examiner A5 the organisation's trustees you are responsible for the preparation of the accounts,. The oiganisation's trostees consider that an audit is not required and that an independent examinètion is needed. It 15 my responsibility to.. Examine the accounts. To state whether particular matters have comè to my attenlion. Basis of independent examiner'5report My examination was carried out in accordance with the General Directions giveTh by the Charity Commissionefs. An examination includes a review ol the accounting record5 kept by the Organisation and 8 comparison ol the atcounts presented with those record5. It includes corbSideration ol any unusual items or disclosures in the accounts ènd seekir¢g explanations from you 3$ trustees concerning any such mattÈrs. The procÈdufes undertaken do llot provide all the evidence that would be required in an audit, and consequently I do not express afi audit opinion on the view given by the accounts. Independent examine￿5 statement In connection with my exarninatioft, no matter has come to my attention: I I Which gives Me reasonable cause to believe that there has been any material error5 or omissions. 21 To which. in my opinion, attention should be drawn in order toenable a proper understanding of the accounts to be reached. 31 The balance of the bank atcounis has been confirmed by evidence of bank statements examined. 41 Income and eipenditure were evidenced by receipts provided and corfelated to the accounts provided. Joseiili Jui)p ACCA MAA T Seiiior Cliartered Certified Accoui)taiil SI)OFelii)e Accoiintants Liniiled ?.$ ('liiiioii Place .£eic ford East SusseN BN?.S INII) joseph lupp... Diile Parochial Church Council of St Andrew, Bishopstone Statement of Financial Activities year ended December 31, 2024 Unrestrfcted Restricttd ENILW4ed T&Nal Fvnd$ T￿•1 Funds Notes lttcome enthywments fr(rn'. Donations ènd legacies (hèritable •rtivities 43.388 2,046 45,434 45.977 5.616 5,616 7.179 Othertradine acti¥itle5 Investments 2,953 l7,473 2,953 17,473 4.955 24,549 Other receipts Total 69A30 nA76 82.660 Exwthre Raislng fund5 Chawitsble acti*ities 226 226 1540 69,699 120 11,515 81.214 72N61 120 Other tradi ng actlvities Other Èxpenditure Izo Total eMpenthtur• 70.045 11.515 81,560 73,721 Net 8èin5 lor1055e51 on investments Plet inrome wlnet expentlturel 161SI 19,4691 8339 Tra￿fer$ between funds 16151 19,4691 110.0841 &939 Other rerqni5ed8ain5/llossesl: Galns111055e51 on revaluation of inve5trnents Other ga i ns/llossesl 4,177 4,177 RecDnciliDtion offtsnds Nei m￿￿Mertt In fvmds 3,562 19A691 15,9071 8.939 Totsl funds brought forwa rd 639,785 24,810 6.276 670A71 661.932 Toial funds r3rrledfL•ward 643347 IS341 6,Z76 664.964 670,871 12 Parochial Church Council of St Andrew. Bi5hopstone Balance Sheet as at December 31, 2024 Total F￿d5 Total Funds Notes Intanglble assets TanEible assets Heritage assets Investme nts Total fl¥•d 355ets Stocks Debtors 1,476 291,691 320.912 3,562 292.6 326,071 io Investments Cash ètbankand in hand Tot•1 ¢urrtnt assèt5 614,079 622,283 Creditors.. Amounts fa Ilin8 due within one year 15.1891 11.4141 li N*t turient a55ets or11Sabllltlesl 608WO 610￿69 Tcrtal assets less current li¥bilFtie5 608.890 610069 Creditors."Amounts fallingdueaftermore than one year Tcrtal net asseis or IllaTrxlitlesl 608,890 6ZO,869 The funds (rf the tharity: Endowment funds 6276 6,276 Restricted i rbtome funds IQ139 19.568 Unrestricied funds 658.083 658.698 Unrea lised Loss on Investments Total unre5tri(tedtunds 658,083 658.698 Total ¢hart¢y lunds 674,498 684,542 12 This Annual Fi nancial Report for theyear ended 31st December 2024. including the notes follovrin& was approved by the members of the PCC of St Andrew, Blshopstone on xxx and slgned on its behalf by The Revd. Ellzabeth Jlnks, Associate Vl¢ar. St Andrew's.. Mrs Ahne Clark. Treasurer: Date Date 2s13/ 13 Parochial Church Council of St Andrew, Bishopstone Notes to the financial report For the year ended December 31, 2024 Accounting pollcles Basis of preparatlon The financial sratanents have been prepared in accorda nce with the Accounting and Reporting by Charltles.. Ststcment ot Re¢ommenrJed Practice a pplicable to charSdes preparing their accounts in accordance with the Financial Reporti n8 Standard applicable I n the UK and Republi¢ of Ireland IFRS 1021 second edition 2019, and the Charili* Aci 2011. The charity is a public benefit entity a5 defined by FRS102 and Is unlncorporated. The PCC conslders the use of thegoing ¢on¢ern basls io be approprlate. Funds accounting Funds held by the PCC are.. Unrestri¢ted funds - gener31 fvnds which can be used for PCC Qfdina ry purposes Designated fund5 - monies set aside by the PCC out of unrestricted funds for specific future projects. Restricted funds - al income from trvsts or endowments which may be expended only on those iestrlcted objects provided in the terms of the trust or bequest. bl donations or grants reteived lor a specific object or invited by the PCC for 3 speclflc objeet. The funds may only be expended on the specific objeci for whi ch they were given. Any balance remaini ng unspent at the end of the year is carried forward a5 8 bala nce gn thatfund. Incorne and endowments All income and endowrnents are accounted for without deduction for any cost5 OF receivability, are recognised when there is evidence of entitlemenL receipt Is probable, and the anKJunt can be measured reliably. Donatlons and le8acles Collections are recognised when received. Planned giving recelvable is recognised when there Is evldence of entidemen( receipt Is probable. and the amount accord5 Wlth the G￿ft Aid declaration or other record of Gift aid recovered is retO8ni5ed when the income tts which it is attached is recognised. Grants and legacies are recognised when the formal offer i n writing of the fundin& is received by the pcc. Other tradin8 actlvbtles Trading èctivities are where intome is receivable in return for selllng goods or provlding services. Income from trading is reco8nised when received. I nvestrnent income Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. 14 Parochial Church Council of St Andrew, Bishopstone Notes to the Financial Report For the year ended December 31, 2024 All other in(ome All other income 15 recognised in accordance with the above overall policy. Galns and losses on Investments Reali5ed gains ale recognised when the investments are sold Unreali5ed gains and losses are accounted for on rev31 u3ti on at 31 Oecember. Expendlture Expenditure is accounted for on an accruals basis and accounted for gross. Grants Grants and donations are accounied for who) pald over. or when awarded where the award creates a binding obligation on the PCC. Chtsrth Artwities The diocesan p3r5sh contribution is accountÈd for on an annual basis. reflettlng the allocatlon set by tsur Deanery. Any parish contribution unpaid at 31 t)ecember is provided for i n these ètcounts as an operatyonal (though not a legall lia bil ity and is shown as a creditor in the balance sheel. Corporation Tax The charity Is exempt from corporation lax accordi n8 to schedule 3 of the CharltSes 2011. Fixed Assets Tangiblefved ossets Con5ecr4ted and beneficed prc¢perty of any kind 15 ex¢1 uded frorn the a¢¢ounts by s.10121 of the Charities Act 2011. No cost or value is placed on movable church furnishlngs held by the Stewards in trust for the PCC and which require a faculty for disposal, since the PCC considers them to be inalienable property. AJI expenditure on consecrated bui Iding5 a nd movable church furnishi ngs, whether maintenance or inyrovemenL is writteth off as expenditure i n the Statement of Fi nancial Activities. Deprecitition No depreciation is provided on freehold property a5 It is the PCC'S policy to mai these assets in a continual state of sound fepair. The useful economic life of these 355ets is so lon@ and resldual values so high that a ny deprÈtiation would not be material. These assèts wil I be subjectto annual i mpairment review5. Prgvision will be made if there has been any permanent di minulion i n val ue. thvestments The PCC uses thè servites of professional investor advisory service companles to manage their Investments. which are stated at mid market value at the balante sheet date. Current Assets Amounts owing to the PCC at 31 December in respect of fee5, rents or other intt>me a re shown as debtors. Cash at bank comprises deposits with a bank, either directly or via Fla85tone investrnent Management Ltd. 15 Parochial Church Council of St Andrew. Bishopstone Notes to the flnancial report year ended December 31, 2024 2 Anal sis of income and endowments Uwesivict@d Restvlcted Ermlrrwed Total Funds T¢tsl Fund& Notes Planned giving (excl tsx refund5 L005e Eash collection5 13,313 14157 4,542 4.542 4661 Special Appea15 Gift Dav Othèrdonation5 2,150 2,150 4387 3,530 2.046 5,576 s￿71 Other Donation5 for Charitie5 225 Gift ASd tax recoverable 4,912 4,912 VAT recovered 2L 106 513 Legacies Grants 14,735 14,735 10,317 7th) D¢¥wtir￿S arKI legades £45,38B E2,046 £45,434 £45,977 Coynril tax recovered Wetldings, fvnerals, stone lees 5,616 5.616 7,179 Charltatle aCts¥l￿eS £5,616 £5.616 £7,179 SummerfÈte 1,938 1,938 *209 IrA)aub 936 Plantsl booksl Cards Open Church Concerts 1,015 810 Other Irath￿ aCti￿tIeS E2,953 £4953 £4,955 CBF dep05 it interest Dep051t Interest StElla Fund Dividend (Churchyardl Unrealised Gain5 from Investments 124 9.024 9,024 1¥8B4 42 42 4.177 4.230 4,177 7,819 Interest from Inve5tsnents 4230 vestmerts É17A73 E17N73 £24,549 Other recelpts Tolal Inctyne endowments oThall fund5 69,430 E2,046 £71A76 £82,560 16 Parochial Church Council of St Andrew, Bishopstone Notes to the financlal report year ended December 31, 2024 3 Anal Sis of ments Umestrltted Restrided EMI(wed Totsl Fthx15 Tthl FÈtÈ Expenses Open Church Concert Expenses Digital Giving Char8es IN aub Expenseslprfzes 696 107 148 78 450 Cost OF raisin8 furKts £226 £226 £1,540 Charltable grants and donations Parish share to Chithester Diocese 1,8(Kl 30.735 175 £975 30.735 2,018 Or8anisVother aÈrgylAltar 5upplie5 Church Insuran 6.091 6.091 ?.168 2.J05 1105 2.070 Flower5 2,060 2.060 Staff Salaries 4,530 4,530 4543 Penslon Fund Fee 317 317 StsffTrainin8 Pa￿011 Admlthistration Recnjitrnent Fee5 io 576 576 297 aergymil eageltellbroadband Arthitert5' Professional fees 1,789 3.720 625 1.789 2JJ67 3.720 625 Subscriptions Elec/oillheatin8lDf8an maint Printing and photottspwn Stationery & Office Equipment Upkeep ol Churchyard Ver8er fees/ha I I hire1ml5￿1Ianeou5 Contrlbution to Benefice L166 90 3,570 173 3￿70 173 176 1,671 IAn 7A 501 1.379 12 Church malntenanie 9.280 aÈrgy councll tsxlwaterldecoration Youth Fund Expenditure 4076 4.076 12.252 Cost d (￿rIta￿e actlvllles £69￿94 £ii,sis £81,214 2.061 Investment Man88etnent fees Audit Fee5 120 iio 120 Cosi (é other trathw attlvltles £120 £no £no TLxal Èxpprbtkd on •ll l￿d$ £70045 £11.515 £81,560 £73,721 17 Parochial Church Council of St Andrew, Bishopstone Notes to the financial report year ended December 31, 2024 4 Mlsslonary and charitable giving: Unresirlrted Re5￿Cted Total Furn Tthal Funds Notes Oversea5: Georqe Muller Chority Trust Mi55ion toseolorers Mis&onAwation Fellowship Friends of the Holy Lond AKWARDA EducL7tion Ghono 20) 2fy) 2C 51>) 51x1 2fy) 2(Kl zc() zoo 200 200 2Tr) UNRWA 6oza zuo Hope Africa The Children5 &Jctety (lent Boxeslchrisfinglel Fomilysupmrt Work Seohoven Bonk 147 147 28 28 195 523 2rAI Livubjllfy Computerslor ChLYities J¥omelink 2(Kl Iirf) 2(K) IAoo 175 1,975 1,418 5 Staff c95ts unT￿t￿tte￿ Restslrted Endowed Totsl Funds Total Funds Alotes Remuherntithi Wages und5n Accounts production 8ookkeepinq 120 Izo Izo 120 120 120 Parochial Church Council of St Andrew, Bishopstone Notes to the financial report year ended December 31, 2024 8 Nxed A55etS è Investments Unre5tricled Re$tiirted Endtr4ved Ttrtal FuTh15 Notes Morketvolue lJantsary2024 Disposals atcarryln8walue Purchases at tost 286,592 6.058 292,650 Net 8a Ins a ftd reva Ivation 11.1261 167 (959) ¥a￿e 31 D￿eMber2024 £2BS.466 £6,225 £291,691 b Tangible fixed assets FYeehc4d laThl Authovlsual Office Trtol Ilxed Cost tyvaluatl( AtlJanuary2024 Additions Di5P05als Rewdluation At 31 Decernbe r 2024 th•r8e foT Imp3innent At lJanuary2024 Addltions D15posèIs Revaluation At 310ecember 2024 Nrf bwk amtwnts At 31 Oe¢ember2024 At31 December2023 19 Parochial Church Council of St Andrew. Bishopstone Notes to the financial report year ended December 31, 2024 9 Analysls of net assets by fund Ur*estrlrted Restdrted Endowed Ti*al Fwd5 Tc*al Fthwls Not¢s Flxed assets lor thurch use ITrvÈ5trnent 285,466 6.225 291.691 292.650 Current assets lexcept tashl Cash at bank and on dÈposit 1.476 L476 3,562 326,071 12,0411 320.912 3ZO,912 15.1891 15,1891 Long temi liabi lities 602,665 £6225 £608A90 £620242 10 Debtors unr¢strirted Restri¢ted Errfknved Total Fur Total Fund5 Notes Gift Aid tax recovera ble 560 560 3,223 Prepayments and accrued income 916 916 Other debtois 339 £IA76 £1,476 £3,562 11 Creditors: amounts lalllng due within one year Unrestrirted Restrirted Ehdwed Total FurM* Total FwK15 Nrtes Deferred incorne $67 567 Attn5als for utilltles a nd other¢osts OthÈr creditors 4,522 loo 4.52Z I,zii 203 £5.189 £5,189 £IA Creditors: amounts falling due after more than one year Ur*estrirted Restricted Endowed T￿al F￿dI Ti*al FuThas Deferred intome Accrnals fof utilities gnd other ¢osts Archdeacon's loan Other creditors 20 Parochial Church Council of St Andrew, Bishopstone Notes to the f inancial report year ended December 31, 2024 12 Statement of funds Balan¢es Trnnsfers. otheY8aln5 and losses Balances clf¥AI 31 Dec 2024 blfwd l J¥n 2024 Income nditu Stella Fund 6,276 6,276 Total of all ekthed fuThJs 6,276 6,276 Fabricfund 15.334 19,2801 6.054 Genera I fund Flowerfund 351 1,911 12.C601 202 Youth Wotker lund 3,883 3,883 Total of all restrlcted fund4 19.568 1,911 Iii.a401 10.139 General fund 658.698 69,430 170.0451 658,083 Tolol ￿ all Un￿$t￿￿ed lunds 658.698 69A30 170.0451 658.083 Total fw £684,S42 £71341 £181,Wl £674.498 13 Related party transactions There were no related party transactions during the year. 21