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2024-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS BEXHILL-ON-SEA

Registered Charity Number 1201059

Annual Report and Financial Statements of the Parochial Church Council for the year ended 31st December 2024

Gibbons Mannington & Phipps LLP Chartered Accountants

20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS CHURCH, BEXHILL-ON-SEA Page 1 ANNUAL REPORT FOR 2024

Aim and Purposes

St. Barnabas Church, Bexhill is situated on the edge of Bexhill-on-Sea, on the corner of Sea Road and Cantelupe Road. It is within the Church of England in the Diocese of Chichester. The correspondence address is St Barnabas Church, Cantelupe Road, Bexhill-on-Sea, East Sussex, TN40 1JG.

The PCC has the responsibility of co-operating with the Rector, the Clergy, in:-

The PCC also pays for the maintenance of the Curate’s House.

The Priest in Charge and Churchwardens of St Barnabas are also Trustees of the St Barnabas Trust for Distressed Gentlefolk, charity number 211868, for whom separate accounts are prepared.

What we planned to do to achieve our charitable objectives

When planning our activities for the year, our clergy and the PCC have considered the Charity Commission’s guidance on public benefit, and in particular the specific guidance on ‘charities for the advancement of religion’. For 2024 we discussed and planned the following objectives and activities to fulfil our aims:

What we achieved and how we affected beneficiaries’ lives

Attendance at worship

The church family welcomes visitors from within as well as outside the parish boundary. Visitors attend by personal choice and we are pleased to welcome anyone from all walks of life to take part in the life of the church.

There were 39 people on the church electoral roll at the end of 2024, 25 of whom were not resident within the parish. The average weekly attendance was 34 but this number increased to 52 at Easter and 53 at Christmas.

There are also two regular services during the week, including a monthly healing service.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS CHURCH, BEXHILL-ON-SEA Page 2 ANNUAL REPORT FOR 2024 (CONTINUED)

Provision of the church buildings for people to enjoy

We celebrated 1 wedding and 2 funerals in our church during the year. A further 9 funerals were conducted elsewhere.

When the church is open during the day people come to pray, light a candle and to reflect on life. A number of visitors come to look at the church building.

The church is used for a number of events during the year including:

The church is also used for a number of other activities from time to time, including the use of the church as a polling station for local elections.

The church is also a resource for the local primary school. Victorian days have been held in the church where pupils have presented information relating to the Victorian age.

The Church is also used for PCC meetings, and Advent and Lent groups. The Church has also been used by the Deanery for a Deanery Synod meeting.

We provide a postal address for Bexhill Heritage and provide them with a display board in church.

Mention should also be made of the churchyard which has been successful in gaining recognition in the “Bexhill in Bloom”.

In May we welcomed back members of the Sunbeam Motor Cycle Club for their Ixion Cavalcade, a motorcycle run dedicated to the memory of Canon Basil Davies who penned regular columns for The Motor Cycle from 1903 until his death in 1961 under the pseudonym Ixion. Canon Davies was for some of this time Vicar of St Barnabas. Fr Martin blessed the riders and their motorcycles before flagging them off for their run. They returned later for refreshments and presentations.

Provision of pastoral care for people living in the parish

The Priest in Charge is also Chaplain to the local Fire Service and Chaplain to Eastbourne Lifeboat crew.

The Associate Vicar is also an on-call Chaplain at the Conquest Hospital in Hastings and is available to visit parishioners and others who request seeing a chaplain.

There have been a number of home communions, with links being renewed at one particular local residential and nursing care home. Pastoral visits have also taken place.

Provision for the poor and needy

We help HUG to maintain their support to vulnerable members of the community.

Donations to the Bexhill Food Bank have continued to be generous.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS CHURCH, BEXHILL-ON-SEA Page 3 ANNUAL REPORT FOR 2024 (CONTINUED)

Maintaining the fabric of the church building as a centre and focus of life in Bexhill.

During 2024 work commenced on essential repairs to the stonework, windows and rainwater goods. This work is ongoing. There are two major contracts valued at £152K and £210K. A grant has been awarded by the National Churches Trust of £96K in respect of the expenditure.

Work also commenced on providing new toilets and a kitchen in the north aisle, together with glazing the remainder of the north aisle to provide a new meeting area.

The curate’s house also underwent repairs to the roof.

Other works, identified in the 2020 Quinquennial inspection, still need to be addressed.

Further phases of our Transformation project are planned in the future. We continue to be advised by Ten Spires CIC and are receiving support from the National Churches Trust. Outline plans are in place to convert the large southern church extension into a large rentable mezzanine office, with meeting spaces beneath. This cannot however be progressed until funding is in place.

Outline plans have also been drawn up to redevelop the church land and diocesan-owned Vicarage land, to enable the parish to realise capital and continued income to contribute to further church repairs and the reordering of the church.

Financial Review

Incoming and outgoing resources

The total receipts on general unrestricted funds received were £79,557 and are detailed in the Financial Report.

The planned giving envelopes and banker’s orders was £6,403 and it was good to see the use of Gift Aid through the Parish Giving Scheme. Our total unrestricted voluntary income including tax recovered, but excluding legacies, was £16,545.

Sharing the ministry costs of the Diocese of Chichester

The PCC reduced its parish share in 2024 to £5,000 for our churches’ Parish Ministry Costs incurred by the diocese. The PMC covers the housing, stipend and pension costs of the clergy, and also a standard sun for diocesan central costs, clergy training and a contribution to national church funds. The PCC were cognisant of the fact that until the end of November the parish was in interregnum and the diocese was also receiving an income from letting the Vicarage. The reduction in parish share is seen as temporary and largely due to the high expenditure currently being incurred by the PCC on building works.

Trustee payments and expenses

See note 5 on page 12.

Reserves policy

It is the Policy of the PCC to hold sufficient funds to meet its commitments on a month-by-month basis, with the aim of avoiding any cash flow difficulties. Beyond this, however, it is the policy of the PCC not to build up free reserves for which no purpose has been identified, the PCC believing instead that surplus funds are more properly spent on the furtherance of the church’s work of mission and growth.

The PCC’s policy does allow for it to build up restricted funds, for example in the Repairs Fund, for specific projects identified in advance.

It is the policy of the PCC to place any fund balances, apart from the Barclays current and savings account, with the Flagstone Savings Platform.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS CHURCH, BEXHILL-ON-SEA Page 4 ANNUAL REPORT FOR 2024 (CONTINUED)

Structure, governance and management

The parish is a charity but is exempted from registering with the Charity Commission within the meaning of section 50 of the Charities Act 2011 but it has voluntarily registered – number 1201059. Its governing document is the Parochial Church Councils (powers) Measure 1956.

Membership of the PCC, determined by the Church Representation Rules, consists of certain ex office members (the Priest-in-Charge, Associate Vicar, Churchwardens and members of the Diocesan and Deanery Synods) and up to ten members elected at the Annual Parochial Church Meeting to serve for one year. Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.

Risk Management

There are in place a number of policies in place to deal with risks faced in managing the work of the church in the parish, including safeguarding, fire risks and financial procedures for the handling of cash and expenditure.

A ‘Simple Quality Protects’ file is available for inspection at the back of church, containing policies relating to Safer Activities, Safer Practice, Safer Structures and Safer People.

Contact details for the Safeguarding Officer are also on display and included in the weekly notice sheets.

Administrative Information

Members of the Parochial Church Council (PCC) are either ex-officio or elected at the Annual Parochial Church Meeting. The full PCC met many times during the year, with an average attendance of 85%

PCC members who have served on the Council are as follows:

Priest in Charge: The Rev’d Fr Robert Coates (Chairman) (From November 2024) (Chairman) (From November 2024)
Associate Vicar The Rev’d Fr Martin Harper (Chairman until November 2024)
Wardens: Mr. Russell Meredith (until June 2024)
Mrs Judith Meredith (until June 2024)
Deanery Synod: Mr. Russell Meredith
Mrs Judith Meredith
Elected members: Mrs Helen Bridger (Safeguarding Officer)
Mr. Peter Chadwick (until July 2024) (Treasurer)
Mrs Kate Chadwick (until
2
April 024)
Mr. David Cosgrave (from August 2024)
Mr Kevin Mitchelson (Licensed Lay Reader) (Assistant Treasurer)
Miss Angela Wylie

It should be noted that since June the parish has been without churchwardens. New churchwardens and further PCC members are being actively sought.

Committees

The Standing Committee is the only committee required by law. It has the power to transact the business of the PCC between its meetings, subject to any directive given by the Council. Its members are the officers of the PCC.

On behalf of the PCC

Fr. Robert Coates Priest in Charge

29th April 2025

Page 5

INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS TO THE PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS CHURCH, BEXHILL-ON-SEA FOR THE YEAR ENDED 31[ST] DECEMBER 2024

I report on the accounts of the PCC for the year ended 31[st] December 2024, which are set out on pages 6 to 14.

Respective responsibilities of the PCC and examiner

As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Church Accounting Regulations and section 144(2) of the Charities Act 2011 (the 2011 Act) do not apply.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 130 of the 2011 Act; and

  3. to prepare accounts which accord with the accounting records and comply with the requirements of the Act and Regulations.

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

David Ashby FCCA ACA Gibbons Mannington & Phipps LLP 20 Eversley Road, Bexhill-on-Sea, East Sussex, TN40 1HE.

30th April 2025

Page 6

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
2(a)
Charitable activities
2(b)
Other trading activities
2(c)
Investments
2(d)
Other receipts
2(e)
TOTAL INCOME
EXPENDITURE ON:
Raising funds
3(a)
Charitable activities
3(b)
TOTAL EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
£
16,545
829
24,361
24,153
13,669
79,557
1,491
136,263
137,754
(58,197)
554,726
496,529		 Restricted
Funds
£
9,275
0
0
0
0
9,275
0
9,115
9,115
160
3,166
3,326		 Total
2024
£
25,820
829
24,361
24,153
13,669		 Funds
2023
£
15,022
643
25,289
25,883
24,678
88,832 91,515
1,491
145,378		 3,251
297,447
146,869 300,698
(58,037)
557,892		 (209,183)
767,075
499,855 557,892

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing operations.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA BALANCE SHEET AT 31ST DECEMBER 2024

Page 7

Notes
FIXED ASSETS
Tangible
7
CURRENT ASSETS
Debtors
8
Investments
9
Cash at Bank
LIABILITIES
Creditors - Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL NET ASSETS
PARISH FUNDS
11
Unrestricted
Restricted		 2024
£
£
2,657
17,362
423,773
65,651
506,786
9,588
497,198
499,855
496,529
3,326
499,855		 2023
£
£
2,743
27,923
508,109
35,966
571,998
16,849
555,149
557,892
554,726
3,166
557,892		 2023
£
£
2,743
27,923
508,109
35,966
571,998
16,849
555,149
557,892
554,726
3,166
557,892
557,892
554,726
3,166
557,892

Approved by the Parochial Church Council on 29th April 2025 and signed on its behalf by:

Fr. Robert Coates Priest in Charge

Mr. P. Chadwick Treasurer

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA

Page 8

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

The financial statements of the PCC, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011 and the Church Accounting Regulations 2006.

The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

There are no material uncertainties about the PCC's ability to continue, and so the accounts have been prepared on a going concern basis.

- Financial reporting standard 102 reduced disclosure exemptions

The PCC has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Income

All income is recognised in the Statement of Financial activities once the PCC has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

For legacies, entitlement is when probate is granted, the amount known, there are sufficient funds available for distribution or when a distribution is received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.

The diocesan parish contribution is accounted for when due. Any parish contribution unpaid at 31st December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet.

Taxation

The PCC is exempt from tax on its charitable activities.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA

Page 9

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES (CONTINUED)

Fixed Assets

Consecrated and beneficed property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011.

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For inalienable property acquired prior to 1st January 2006 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Any individual items acquired since 1st January 2006, with a cost of more than £1,000 has been capitalised in the accounts and depreciated over their useful economic life.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets over their expected useful lives at the following rate:

Freehold property - over 50 years on a straight line basis Equipment - 25% straight line basis

Cash at Bank

Cash at bank includes cash and short term highly liquid investments.

Current Assets Investments

Current Assets Investments includes cash held on deposit for investment purposes.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the members of the PCC.

Restricted funds can only be used for particular purposes within the objects of the PCC. Restrictions arise when specified by the donor or when funds are raised for a particular restricted purpose.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2024

Page 10

2. INCOME AND ENDOWMENTS

INCOME AND ENDOWMENTS
Unrestricted Restricted Total Funds
Funds Funds 2024 2023
£ £ £ £
(a) Donations and legacies
Planned Giving:
Gift Aid donations 4,165 4,165 3,535
Income tax recoverable 1,714 1,714 1,619
Other planned giving 524 524 580
Collections at services 7,147 7,147 6,833
Income tax recoverable - GASDS 1,500 1,500 2,000
Grant - National Churches Trust 9,000 9,000 0
Sundry donations 1,495 275 1,770 455
16,545 9,275 25,820 15,022
(b) Charitable activities
Fees 829 829 643
829 0 829 643
(c) Other trading activities
Church hall lettings 13,555 13,555 13,293
Rent Receivable - 37 Sea Road 10,505 10,505 10,080
Fundraising activities 301 301 1,916
24,361 0 24,361 25,289
(d) Investments
Interest 24,153 24,153 25,883
24,153 0 24,153 25,883
(e) Other receipts
Listed Places of Worship VAT
reimbursement 13,669 13,669 22,554
Insurance claim 0 2,124
13,669 0 13,669 24,678
TOTAL INCOME 79,557 9,275 88,832 91,515

Page 11

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2024

3. EXPENDITURE

EXPENDITURE
(a) Raising funds
Fundraising events and other church advertising
Stewardship costs
Investment management fees
(b) Charitable activities
Missionary and Charitable Giving:
Church overseas missionary societies
Home missions and other church societies
Secular charities
Ministry:
Diocesan parish share
Clergy advertising
Church running expenses
Church maintenance
Upkeep of churchyard
Cost relating to the future development
of the church:
Project management
Architect's fees and planning fees
Community Mission
Church maintenance
Upkeep of services (including Organist)
Flowers
Printing, stationery & office supplies
Sundry expenses
Bank charges
Accountant's charges
Independent examiner's fees
Other professional fees
Other property costs
Repairs and renewals
Other
Depreciation
TOTAL EXPENDITURE		 Unrestricted
Funds
£
205
214
1,072
1,491
140
140
5,004
24,237
4,885
3,373
294
55,384
33,973
1,687
95
438
200
2
950
430
3,572
1,513
86
136,263
137,754		 Restricted
Funds
£
0
11
11
9,000
104
9,115
9,115		 Total
2024
£
205
214
1,072		 Funds
2023
£
1,383
276
1,592
1,491 3,251
0
151
0		 182
0
80
151
5,004
0
24,237
4,885
3,373
294
64,384
0
34,077
1,687
95
438
200
2
950
430
0
3,572
1,513
86		 262
30,000
500
21,246
16,091
2,155
42,997
125,362
3,257
23,930
1,618
146
3,994
189
0
950
430
360
22,290
1,584
86
145,378 297,447
146,869 300,698

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2024

Page 12

4.
SUPPORT COSTS
Governance costs
Accountancy fees
Independent examiner's fees		 2024
£
950
430
1,380		 2023
£
950
430
1,380

5. PAYMENTS TO PCC MEMBERS

Four PCC members who served in the year were reimbursed expenses totalling £4,555, all relating to costs incurred on behalf of St. Barnabas. St. Barnabas expenses are dual signatory so all credit card payments have to be made by PCC members and reimbursed.

NTS PAID
All Grants were under £1,000		 2024
£
151
151		 2023
£
262
262

6. GRANTS PAID

7.
TANGIBLE FIXED ASSETS (all unrestricted)
Freehold Property
Cost
At Cost at 1st January 2024
Additions during the year
At 31st December 2024
Depreciation
At 1st January 2024
Charge for the year
At 31st December 2024
Net Book Value
At 31st December 2024
At 31st December 2023		 Freehold
Property
3,173
0		 Equipment
£
3,378
0
3,378
3,378
0
3,378
0
0		 Total
£
6,551
0
3,173 6,551
430
86		 3,808
86
516 3,894
2,657 2,657
2,743 2,743

The freehold property - 37 Sea Road - was built as a Curate's house, within the grounds of the Church.

No provision has been entered into the financial statements for any liability to maintain the PCC's buildings.

No provision has been entered into the financial statem
buildings.		 ents for any liability to maintain the PCC' s
2024 2023
8. DEBTORS £ £
Income Tax Repayments Due 2,708 2,808
Other debtors 11,120 16,777
Accrued interest 3,534 8,338
17,362 27,923

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2024

Page 13

9.
CURRENT ASSET INVESTMENTS
Cash on deposit
10. LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
11. STATEMENT OF FUNDS
Brought
Expend-
forward
Income
iture
£
£
£
Unrestricted funds
General funds
(35,871)
42,287
(38,031)
Designated fund
Future development of the
church fund
590,597
37,270
(99,723)
554,726
79,557
(137,754)		 9.
CURRENT ASSET INVESTMENTS
Cash on deposit
10. LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
11. STATEMENT OF FUNDS
Brought
Expend-
forward
Income
iture
£
£
£
Unrestricted funds
General funds
(35,871)
42,287
(38,031)
Designated fund
Future development of the
church fund
590,597
37,270
(99,723)
554,726
79,557
(137,754)		 9.
CURRENT ASSET INVESTMENTS
Cash on deposit
10. LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
11. STATEMENT OF FUNDS
Brought
Expend-
forward
Income
iture
£
£
£
Unrestricted funds
General funds
(35,871)
42,287
(38,031)
Designated fund
Future development of the
church fund
590,597
37,270
(99,723)
554,726
79,557
(137,754)		 2024
£
423,773		 2023
£
508,109
9,588 16,849
9,588 16,849
Transfers
£
35,871
(35,871)		 Carried
forward
£
4,256
492,273
554,726 79,557
(137,754)		 0 496,529

Details of the designated funds are as follows:

Future development of the church fund

A legacy was received in 2022 which the PCC have decided to designate for the purpose of the future development of the church.

Restricted funds
Alpha Fund 160 0 0 0 160
Renovation fund 0 104 (104) 0 0
Organ Fund 1,075 0 0 0 1,075
St Francis Fund for the Homeless 1,931 0 0 0 1,931
Future development of the
church fund 0 9,000 (9,000) 0 0
Collections, Donations, etc. for
Specific Purposes 0 171 (11) 0 160
3,166 9,275 (9,115) 0 3,326
Total funds 557,892 88,832 (146,869) 0 499,855

Details of the restricted funds are as follows:

Alpha Fund

This fund was set up in 2010 for the purpose of running Alpha courses.

Renovation fund

Monies donated towards the renovation of the church are held in this fund until expended.

Organ Fund

This fund was set up in 2013 with donations and fund raising for the maintenance of the organ. St Francis Fund for the Homeless

Donations and grants are made towards food and equipment for the homeless.

Collections and donations for specific purposes

During the year funds are collected, donated, granted or raised for specific purposes. These funds are then expended in the year they are received. In the year ended 31st December 2024 the following items passed through this fund:

Donation for new Liturgy book
Donations for National Churches Trust		 160
11
171

At the end of the year the donation towards the new Liturgy book was still being held, this was spent in February 2025.

Future development of the church fund

The PCC received a grant for the purpose of the future development of the church. This grant was fully expended during the year.

PAROCHIAL CHURCH COUNCIL OF ST. BARNABAS, BEXHILL-ON-SEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2024

Page 14

12. TRANSFER BETWEEN FUNDS

It was agreed by the PCC during 2024 that a transfer would be made from designated funds to cover any deficit in the general unrestricted fund. A transfer of £35,871 was therefore made during 2024 for this purpose.

13. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other receipts
TOTAL INCOME
EXPENDITURE ON:
Raising funds
Charitable activities
TOTAL EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward at 1st January 2023
TOTAL FUNDS CARRIED FORWARD AT 31ST DECEMBER 2023		 Unrestricted
Funds
£
14,362
643
24,417
25,883
24,678		 Restricted
Funds
£
660
0
872
0
0
1,532
0
1,620
1,620
(88)
3,254
3,166		 Total
2023
£
15,022
643
25,289
25,883
24,678
89,983 91,515
3,251
295,827		 3,251
297,447
299,078 300,698
(209,095)
763,821		 (209,183)
767,075
554,726 557,892