2023-12-31-accounts

PCC of St Ma dalene Rus Statement of Assets At 31st December 2023 Ma er 31.12.23 31.12.22 Unrestricted Funds Cash at Bank & with Central Board of Finance Current Account Dep051t Account Investment Funds 2908.00 2437.65 5971.18 2437.65 26601.73 19884.96 25230.61 35010.56 Restrirted Funds Cash at Bank & with Central Board of Finance Churchyard Fund Fabric Fund Broadwood Fund Broadwood Belloc Project ** *Project ended and account paid for publishing materia15 337.56 146.15 337.56 139.74 7634.20 4447.73 7634.53 0.00 8118.24 12559.23 TOTAL FUNDS 33348.85 47569.79

PCC of St Ma Ma dalene Rus Income and Ex enditure Account Year Ended 31st December 2021 Unrestricted Funds er 2023 2022 2021 2019 Balan￿ Brought Forward 1.1.23 20306.19 35.296.21 35.296.21 36,308.05 Receipts Don3tlOn5 underGiftAid Co1￿(tionS in Church- Loose Cash Collections in Church- Pew Envelope5 Collertions in Church- Wedding5, Funerals etc Tax recovered on tknnation5 Other Donations Fees- Weddings & Funerals Bookstall Rusper Church 200 Club Christmas Tree Fe5tiv31 l Baza2r Quiz Night l Murder Mysteryl Other Fund-raising Parish Magazine- Advert15ing Other Receipts Transfer from Restricted funds InterÈst I It)vestment Incorne Total Receipts 20053.57 1916 3801.95 240D.36 21,490.00 7,029.00 4,752.00 2.993.00 24,021.Q) 3,780.(K) 2,279.00 1.549.00 12.187.50 2.854.94 4.442.40 1,308.38 5,306.63 1,090.83 3,995.00 98.67 4,250.00 207.33 7,767.38 2.500.00 17.64 2427.36 1490 237.3 6700 4,407.00 87.00 5,050. 1,033.(NJ 3,256.00 37.00 4.015.00 i.ioo.00 991.00 3.000.00 5.325.iK) 1066 3,000.00 22,290.00 8,121.00 1.18 80,253.18 4447.73 59.87 48200.14 1.18 49,354.18 1,466,04 47A92.74 Pawnents Council Tax- Rectory WatÈr Rates- Rectory Ministry Costs Clergy Locutn Fees Organist's Fees Organi5t5' Locum Fees Parish Share Light & Heat Insurance Churchy)Id Malntenance General Upkeep of Church Damage Inspection Charitable Donations Sundry Expenses Transfer to North Aisle fvnd Bank Ch3rges Total Payrnents 3480 275.79 24 3,310.CQ 960. 2,4LK).00 45.00 3,033.58 522.91 2.521.00 90.CK) 2,914.97 306.27 3,6CQ.00 99.55 30.00 37,000.00 1,595.20 2,475.89 2,586.25 2,172.60 29999.64 4716.19 2846.74 1559 1257.62 8132.07 576.5 40,369.00 3,322.00 2,587.00 2,150.00 1,511.00 7,289.00 135.IX) 36,966.00 1,078.00 2,531.00 1,597.00 1,634.00 2,328.00 10.00 384.73 332.45 2155 327.76 57730.31 20,000.00 385.00 84.463.00 239.00 52,550.49 235.99 53,733.90 Excess of Retelpts over Payments 9,530.17 4,209.8Z 3,196.31 6,241.16 (Transfertol I from Restrirted Fund5 4447.73 6.(MX).00 IDecreasel I Increase in capltal valuatlon Fixed InteTe5tSeiurity & Investment Funds 1,356.00 1,35&00 1,043.75 Balance Carrled Forward 31.12.22 23462.33 23,730.39 30,743.90 31.110.64

PCC of St Ma Ma dalene Rus er Income and Ex enditure Account Year Ended 31st December 2023 Restricted Funds Broadwood Chu Broadwood Pro Balancecarrted Foyward 31.IZ.12 337.56 139.74 7,63420 4M7.73 12,42&37 Receipts Heritage Lottery Fund Oonations Interesl I Investment Income 244.67 244.67 Payments Stonework Project ManagernEnt Fees Con5ullancy Fees & Expenses Event Refreshments 5i8nage Printing and closure of project 4.447.73 4.447.73 Total Payments 4.447.73 Excess of Recelpt5 overpayments 244.67 4.447.73 4.447.73 (Transfer tol lfrom Unrestricted Fund5 IDecr&75el Ilrfrease In capltal valtratlon Fixed Interestsecurty Fund Balèncecarrled Forward 31.1123 337. 144.22 7ATh87 7,978.64

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Report of the Independent Examiner to the PCC of St Mary Magdalene, Rusper

I report on the accounts of the PCC for the year ended 31 December 2023, which are attached.

Respective responsibilities of the PCC and the examiner

As members of the PCC you are responsible for the preparation of the accounts and 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:

• Examine the accounts under the Church Accounting Regulations and section 145 of the 2011 Act;

• To follow the procedures laid down in the general directions of the Charity Commission under section 145(S)(b) of the 2011 Act; and

• To state whether particular matters have come to my attention.

Basis of this report

My examination was carried out in accordance with the General Directions given by the Charity Commission and to be found in the Church guidance, 2013 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts 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 the 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.

Signed.............. .........................

Date……………………………

Mr Nick Ward 12 Mortimer Road Capel, Surrey RHS SLB

Trustees Annual Report and Financial Statements

The Parochial Church Council of

St Mary Magdalene Church, Rusper

For the year ended 31 December 2023

CONTENTS

Annual report

Statement of Assets

Income and Expenditure Account – Unrestricted Funds

Income and Expenditure Account – Restricted Funds

Report of the Independent Examiner

St Mary Magdalene Church, Rusper

Incumbent: The Revd N Flint, The Rectory, High Street, Rusper RH12 4PX Independent examiner : Mr C Farrington, 18 Wantage Close, Maidenbower, Crawley RH10 7NU Bankers: Lloyds Bank, Horsham, PO Box 1000 BX1 1LT

Parochial Church Council of St Mary Magdalene, Rusper

Trustees Annual Report for 2023

Structure, governance and management

The PCC is a charity but is excepted from registering with the Charity Commission within the meaning of section 30 of the Charities Act 2011.

During the year the following served as members of the Parochial Church Council: -

Ex Officio members

Incumbent: The Revd Nick Flint Chairman Wardens: Mrs Maggie True Mr Stephen Busby Other Members Mr John Jory Secretary Ms Lorna Reeves Treasurer Mrs Louise Holford-Walker Mrs Clare Browning Mr Chris Dawe Mr Simon Powell Mr Stephen Busby Mrs Kay Roots Mr Chris Pearce

Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent/priest-in-charge, curate, lay readers licensed to officiate in the church), the churchwardens and members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.

Aim and Purposes

The primary objective of St Mary’s PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the incumbent, the Revd Nick Flint, in promoting in the ecclesiastical parish the whole mission of the Church pastoral, evangelistic social and ecumenical.

The PCC also contributes to the maintenance and some of the running costs of The Rectory, High Street, Rusper.

Objectives and Activities

In their Mission Action Plan for 2020, the PCC set out their objectives for the year as:

• Enabling as many people as possible to worship at our church, and

• Enabling as many people as possible to become part of our parish community at St Mary’s.

The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups 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, the Incumbent 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’. 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 of, and trust in, Jesus.

• Provision of pastoral care for people living in the parish;

• Missionary and outreach work.

• To facilitate this work, it is important that we maintain the fabric of St. Mary Magdalene, Rusper.

Financial Review

Statement of assets

Total PCC Funds – Unrestricted and Restricted - have decreased by £11,257 in the year from £ 35,296 on 1[st] January 2023 to £ 24,038.33 on 31[st] December 2022.

Unrestricted Funds

Unrestricted Funds have decreased by £11,833.67 in the year from £ 35,296 on 1[st] January 2023 to £ 23,462.33 on 31[st] December 2023.

The significant withdrawal from the restricted funds, is as a result of the Broadwood project closing/ resolving this year.

Due to the ongoing investigation work to the north aisle, the majority of fundraising activity generated by the Church has gone towards saving for the repair works. Those funds raised specifically for and directed to this cause, are ring fenced.

Income generated from Church collections, fund-raising activities has obviously fallen again this year, as fundraising is diverted to the North Aisle fund. The cost of energy and fuel has double this year and costs need to be covered, rising by £1000 this year.

We are very grateful that support for the church has been strong when we call for assistance from the community, resulting in £9232 in general donations. There has been an increase of £900 to the Parish giving scheme, to £10,822.

As always, we have also received Invaluable financial help from the 200 Club (£6700) and the Parish Magazine (£1,500).

Our largest item of expenditure continues to be the contribution to the Diocese for ministry costs (Parish Share), which covers the housing, stipend and pension costs of the clergy, a standard sum for diocesan central costs, clergy training and a contribution to national church funds. Total Parish Share payments therefore increased by remained the same this year, however due to a lack of cash flow we were unable to make 3 payments (totalling £9999) Our payments to the Diocese this year totalled £30,000.

We will endeavour to contribute more this year, in an adhoc format to pay back this obligation.

The general cost of maintaining the Church and the Churchyard has been kept to a minimum this year, and water and energy bills noticeably rising by a further 15% on top of 40% in 2022.

We have also had the investigation works into the damage in the North Aisle, of £10,422 and this continues into 2023. This continues to be monitored.

An application for Gift aid of £4500 has been made for 2023, this has not yet been paid by HMRC, this is still outstanding and is being pursued.

Notably the Church now has charitable status which will hopefully provide access to the further funding and tax relief.

We are actively looking at ways to reduce costs, looking at sponsorship opportunities for local builders and trades to assist with the repair of the North Aisle and for tax relief where possible.

In summary, 2023 has once again been a significantly challenging year for the Church. Unrestricted funds have decreased and the running costs of the Church continue to rise. For context, on average the Church received £4,017 per month in donations and costs averaged £5,644 per month.

We are working to encourage regular monthly giving and to recoup funds spent on the building works from monies raised for the North Aisle.

Funds raised in the winter months, significantly impact the ability of the Church to meet it’s obligations. We are extremely grateful the local community. The pressure of raising funds for the building works has also diminished the generous funds bequeathed to the Church this year. We are a quatre of our way to target.

Reserves Policy

It is PCC policy to invest temporarily surplus funds with the CBF Church of England deposit and investment funds.

Approved by the PCC and signed on their behalf by Revd. Nick Flint, PCC Chairman:

………………………………………………………..

Date…………………………………………………