CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFEES Year Ended 31 December 2025
Charity RegistratioD No. 220487 CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFK FEOFFEES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 DECEMBER 2025
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr J Clark Mr J Edwards Mr M Jenner Mr M Jol]nstone Mr M Milner S Hammond Mr J Marshall Reverend Canon J A Egar Chgwhy nvmber 220487 Prltttipl¢ addrtss 5 Waterloo Place Lewes East Sussex BN7 2PP INdepeDdent ex2Thin¢r Maxwell Gumblcton & Co I West Street Lew¢s East Sussex BN7 2NZ Bon*ers CAF Bank Ltd 25 Ksn¥ Hill Avellue Kings Hill West Malling Kent ME19 4JQ Soli¢ltor5 M4yo W>Th¢ Baxtrr 3 B¢ll Lane Lew¢5 E&st Sussex BN7 IJU
CHARITY FOR THE REPARATION OF THE CHURCH AIYD SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES LEGAL AND ADMINISTRATIVE INFORMATION Inwestm¢nt Advisors Dowgate Capital Limited 5, Gl¢neagle5 Court Brighton Road Qawley West Sussex BJIIO 6AD
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES CONTENTS Page Tryst¢¢s' report Indtptndemt ex•mintt's report Statement of fin8nciil activities Bgknnce shtet r40tss to th¢ •etouMts 6- 14
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES TRUSTEESY REPORT FOR THE YEAR ENDED 31 DECEMBER2025 Th¢ trust¢es present their repLkrt 8nd accowjts for the ye4r ended 31 Dmnber 2025 1The ¢¢ounts have be prepaTcdio &£corda]]¢¢ with the a¢counting policies Set in rATrtc I to the accounts ood compty with the Chwity's deed or rwlTm¢n, the Charities Act 2011 and A¢£ounting at)d Rep(rting by Ch2riiies.' Stat¢m¢nt of R¢romcnded Pra¢ticc applicabl¢ to chaTiti¢S prEparing tb¢ir aC)ullts in aG¢OrdC¢ with ilK Financial Reporting Slfjndard hppli¢able in the UK 8rJd Rcpubli¢ of Ireland IFRS 102) Icffective l January 2015). Objectives and etlvltitJ Th¢ Chariry'5 obie¢is are the r¢paration of St lknmas-a-Bcck¢t Chur¢F4 ClilT4 Lewe5 alld susniio# of thc N)or within th¢ town parishes of L¢we4 Eqst Sussex. Tr tnIS hav¢ paid due regardthguid8tt¢¢ issued by th¢aJarity Comfflission in d¢cidiD8 whatll¢iiviiiesthedwity should Thc Chureh Ilall in Cliffe High Stred is one of sev¢rnl prop¢rty &%sets owned by the ChATity and is used &$ a Dting pl d eveni venu¢ ihroughout the year. It gcntrdtes r¢v•)ucs by charging oui w various dubs socicties, individuals snd •11 c]JAritie5 with thc purwse of gencrdting a small fllw)¢ial surplus after covering running costs. Th¢ Charity relies on the go WO of a Hall who Over¢$ 011 matteT5 related to ihe Hal] finan¢4 rcs¢rvatiffls and mi1titejJrc induding health ond safety. Achiev¢m¢nts aDd perfomgnce Cliffe Froffecs is an ¢1¢1 charity founded in If1>3. It exis¢s to 5UPP(Yt th¢ fgbric of Si Thomas aBecket Church, ClilT¢ in Lew and provide grants in th¢ paTisbe5 of 10 gualifykDg causes to supwl areas of depriva help with debirelÉef and wist local Individuals who sttw88le to mect a basi¢ standard of living. The Church Hall in Cliff¢ Hi8h Stred is oneof scvernl pN)p¢rty assets ow1] by th¢ Charity aTMI is used a5 a meeting pla and event v¢nue throughout the year. It gULernks rcnU¢s by charging out to clubs, so¢ietie4 individuaJ5 wjd small charaties with thc purpose of genttating amrthstfman¢Aal SUTplus oftercov¢rin8 rwjning A Yesid¢ntial property owned by the Chllrity in the town of lth¥¢s is l¢t to L¢wes Distri¢t Council OYA b fonnaj ten4ncy rementwhi¢h provides the council with short t¢m) housing foy local resid¢nts seeking long¢r ¢¢rnJ sdtl¢menL The Charity m¢ a 8rwJi of£2.IX)O to the Parod]ial Chur¢h CK)uncil of St Thomas at Cliff¢ with All S&¥nts L¢wes in %thich the Charity is bas. 'llJis indudes a contribution to it'5 IJiissioTh work ID additlon to ¢overingth¢ church Tfp8iTS ar¥J m#iTJ(¢nane¢ work. Cliffc Feoif¢es work5 with r¢cognis¢d a¢cr¢ditsl orgaThisalions which ree¢ive app]i¢4tions forassist8Lce reliTh8 to ptsv¢rty and sitOn5 wher¢ individuals orhousehold$18ck sufflcieni re50urcesto me<¢their basi¢ needs ar¥J p81p fjjlty in sil¢ry. Othergr8mis made dwin8 2025 were to the Landport FL1 Bank for £S,(MKI. LandporlPl&yxheme £1,500 Lcw¢s Homelink for £8.(M)O. Lewes Uniform Bank for £IJ¢K) oJ]d the Citizen Advice Bureau for£2,5(M) and oth¢rKTants £492.75. The Tnoney out of the budgct for chaTitsbl¢giving thal w&s >t all(Kated will berolled over and ws¢d itt 2026. FknaociAI rtWLew In¢ hasde¢r¢ased on the l&%iye4r.£61,199 (2024- £68.056) Ou¢going resources arnoted to £92,692 (2024- £61,(921. Incre on the Previws year. DuriThgthcytar gain of £62.815(2024- £28,152 Mwin) have orSen onthe investtnent p0110. Theovcrall iDcrea in Charity reserv¢s is £14,54312024- £63,823 Bain).
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES TRUSTEES, REPORT (Contlnued) FOR THE YEAR ENDED 31 DECEMBER 2025 Stroet¥r¢ zovernMee And m#ttgement -llJe Charity wa5 regiercd on 7 t&blishedby¥ de¢d of froffmeni dat¢d 28 Fcbruary 1603 and was regis*red with thecharitics CoTnTnission otk 27 April 1964. The tru5te¢s who servrd duringthc year were: Mrj G Clark MrJ Edwards. Mr M JenE)¢r Mr M Johns¢on¢ hqr M Milncr htrs S Hammond Mr J Marshall ReVerd Canon J A E8ar Tru5tC¢5 ¢ 8ppointcd by Ih¢boaTd of tswstee5 and mcct regvlwty. The trusiees, rtpori was approvcd by the Both of Tn]st¢es. Ttusl Dated..
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHARITY FOR THE REPARATION OF THE CHRUCH AND SUSTENTATION OF THE POOR We r¢pon onth¢ 4¢Wits0r th¢ Charity for the year eDded 31 De¢¢mbcr 2025. which ar¢ s¢t out OD pa8es 4 to 14. Respertive reypMsibilitie5 of trustees and examiner Th¢ Charity's tsIt¢S are sPonsIble COT th¢ prcparuiion of the a¢count& Th¢ Charity's tru%tees consider Ihat All ojjdit is not miuired for this year der s#tion 144121 of thE Chities Ad 2011 (the 2011 Acl) attrj that an ind¢p¢DdeRt examin&iLm 15 ne¢ded. li is ollr responsibility to.. ¢xaJnin¢ the accounts utlder seciion 145 of the 2011 A¢L io follow the pmcedures laid down in th¢ gcneTrJ Dtrections g1vc by th¢ Charity Commi55i0n under sedi¢m 14515)Ib) of the 2011 Act.. aEkd to s¢&¢¢ wthrther particular mÈn¢rs have wme to OUT alfentio BASIS of lnd¢ptndenteUJh¢y'a rtPDrt Our examination wus ¢8rri¢d oul in #crdanCeWith the gcneFaJ DiJr¢tions 8ivell bythe ChaEiiy Cimmi55it>ts. An examinatioii iDclud¢s a r¢view of the accounting r¢¢ord5 kepi by the Chariry allda ¢omparison of the accounts pr¢8ented wIththo Tewrds. It also includ¢s¢onsideTOtion of ally Unusualifrmsordiscloswes in thc a¢¢oUni&d sexkingcxplanations from you astrustees concernin8 my such ]]otters. Th¢ proceduTcs und¢Maken do not provid¢ 211 the ¢vidence thal would k tffjuire41 iih alldit and COllS¢4LLently no opinion isgiv¢n as io wh¢ther the ac¢owits prcs¢ni a'true and ravIeW, andth¢ r¢ptsn is limit w th05C matters set out ill th¢ statemen¢ below. Indtp¢nd•nt examlner's statem¢nt Your attention is drawi to th¢ fact that th¢ ChIlY has prepd accounts ID accordanc¢ with Accouniing 4nd r¢porting by Charities preparing their aCCDts ift accordance with the Finanrial R¢porting Stsndard appli¢8tion in the UK and Republic of ]reld IFRS 102) irt pref¢renr¢ to the Accountin8 and R¢portingby Charities.. Stalemcniof Recornm¢nd¢d Practi¢¢ issued l April 2005 whi¢h is refr¢d to in the regUll01)S bui has now bcen withdrawn. l uttderStsd that this has been done <)rder for the 8¢counts provide a truc aThJ fair vicw in A¢cordance with Genern]ly Ac¢¢pted Accounting PTadi¢¢ ¢ffeaive for rwrting periods beginning on or aftcr l January 2018. In conne¢tioD with (Yjrexaminatlo llo m&ter h$ comc to ourattcntion.. (al which giv¢s us rt¥Lsonable £ausc to b¢lieve that iti sny Materi Tesp¢&t the rtqUiT¢Jnents'. to keep aceounling record5 in a¢cordw]ce with s¢£tion 130 of th¢ 2011 A¢L Ond to pr¢pare ¢015 whith accord with the accounting record o¢)d wmply with the a¢¢owiting requirements of ihc 20] I A¢L havc not be¢n met or whirl4 in our (yiniory tttIon $IUld be thawn in oid¢r lo enable a prop¢r wjderthding of th¢ a¢¢ount$ to FK re4ched. (b) Chartered Aountants I W¢sL Stred Lewrs East Sus5¢X BN7 2NZ
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 UnTestrlct¢d Re5trieted Endowmeot f•Dd$ funds funds Tot•1 2025 Totsl 2024 Notes com¢ md epdowments from: Volwitsry Income Charitsble activities Imiestmentg 46,899 14.176 124 46,899 14,176 124 52.286 15.748 Other iticome Totsl intorne 61.799 61,199 68,056 dlture Raislng funds 10.534 10.534 5J22 Chw&tsble act]tIeS 82,158 82.158 55.770 Totsl rtJollree9 ¢xpended 82.158 10,534 92,692 61,092 Net IDcomillW{outgoiDg) regour¢¢s before trAtt9fers (20,959) (10,534) 131.493} 6.964 Gross transfers between fi15 Net IntomlnyJ{oulg•In rejourtes before other recog1$ed El08$$) {20,9591 {10.534) (31.493) Nct galS (losses) investments 12 46.036 46.036 56,859 Net movement ID fvnds {20.959) 35,502 14.543 63,823 Funds balances at l January 2025 322.728 849.764 1.172,492 .108,669 Fund 8t 31 Dettmbtr 2025 301.769 885,266 .187,035 1.172.492 The statement of fncial activilies includes all gains and losses ¢iSed in the year. All iticom¢ and exp¢Dditsre deTive frorn continuin¥ activitÈes.
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES BALANCE SHEET AS AT31 DECEMBER2025 2025 2024 Notes FINed assets Tangibl¢ assets Invesknents 13 14 219.575 922.116 220,173 910,715 1.141,691 ,130.888 Curr¢Dt w$sets Deknors Cash at bynk and in hand 16 1.135 49.496 30 45,515 50,631 45,545 Creditors: amounts falling due withi one yr 17 (5,287) (3,941) Net currnt assets 45J44 41.604 1,187,035 1,172,492 Capltal funds Endowment fimds. g¢D¢ral Ineome fudS Unrestri¢ted fwids Restricted funds 18 885266 849,764 301.769 322,728 1,187,035 1,172,492 The accounts were appToved by the TTusiees OD............ Trnsle¢
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES PIOTES TO THE FINANCIAL STATEMENr FOR THE YEAR ENDED 31 DECEMEBER 2025 Aceowntlttg polieie9 Ch•rity iJbforniY4twiii Charity for the Repar10Th of thr Church and Sust¢ntation of th¢ Poor is a Charity established by a deed of reoffm¢nt dad 28 Fcbjuary 1603 was registered with the ChaTities Comtnission on 27 April 1964. Acrounting eonvtJttiDn I'hesc 8ecount$ have ken prep in a¢¢oTdancc with Accountirt8 and KeportiDg by aJatitie5'. Sthkment or R¢¢ommend¢d Prnaice applicab]e to charities preparin8 their a¢¢ount in u¢cordance the fiD8ncial Reportlng SiaDdard applirknle in the UK and Republic of Ir¢lat)d {FRS 1021 leffectivc l January 2015)- (ChilieS SOR IFRS102} Th¢ aJariti¢s A¢t2011. Th¢ Charity is a Public Betsefit Entity &% defjnd by FRS 102. The 8ccounts d¢p8rted from ihe Ch111¢$ (Accounts and R¢poris} RegUlatiS 2W8 onty to ¢xi¢nt r¢qusr¢d io provide a tru¢ ond fair vicw. This d¢parluTS hes tnvolved following th¢ Siatemerlt of Recommended Practi¢¢ for iharities applyit)g FRS 102 rath¢r th8n the version of th¢ Stst¢ment of Rccommendcd Practice which 15 rcf¢rr¢d in the R¢gulations but whi¢h h&s sincc been withdtawn. The are pr¢pw¢d in St11n& which 15 the fimctiol ourrency of th¢ Charity, MLKLdary amounts io these riEwiciaJ siaiements at¢ rounded to the £. 12 Going corteern At the limc of approving the A¢counts. the tyustre5 have a re01C expe¢t•ion that th¢ Charity adequalr rc50ur¢¢s to cont[1b¢ in opcrational exist¢rttt for tb¢ foresteable fuwre. Thu$ the trustees tonlinT w adopt going ¢on<ern b8si$ of &Cutill8 preparingthc COurt Ch¥rStsblt funds Unrestricted fimds are availAbl¢ for us¢ a¢ the discr¢lioD of the trustee5 in fiLrtheraThc¢ of th¢ir charit4Jle objethiv¢s unless th¢ funds have b¢¢R d¢s1]ated othcrpurpose5. RemriCt funds are subj¢¢t to Spec1¢ condition8 by donors to bow th¢y rnay k used. Thr pjrpose and us05 of ihe re5trictcd ful5 are Set oiit in th¢ nS of th¢ account Endowryn¢ni funds Subjectto specific ¢ondiiioDS by donorsthat th¢ capital must be mainthincd by the Charity. Incomtng resources Income is recognssed wh¢n th¢ Charity is le8a]ly cnti¢l¢d to it 4ft¢rany rOMIs¢¢ condiuonshav¢ been MCL th¢ ojnowjts canb¢ measured liablY. ar it is probable that in¢i)m¢ will be re¢¢ived. C8sh donAiions ore rccognis¢d on rec¢ipt. Other donation5 are recogni5ed once the Cjjarity has bc¢ts notifjed of the donatio uTJless rthormatsce condttions requir¢ defe1 of the amounL incomt tsx recovcrabl¢ in 181]0 to don10$ reccived under Gifl Aid or dttds ot¢ovenant is tt¢ognised at the tim¢ of donation.
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (CONTINUED) FOR THE YEAR EI¥DED 31 DECEMEBER 2025 At¢ollnting Pol Leg¥ies are r¢¢ognis¢d on or oth¢nvise if the Charity has t¢en nolifitd of an illjpcnding disti1buti tht amoitnl j5 know w)d receipt is l¢tJ. If the amouni is not knowt), the legacy is treated as A ¢oJJting¢nt 8s8ei. Icontitsy¢dl Ruoyrtes exp¢mdtd Liabililies are recognised Ls rcsources expended as 5000 thcrc is 8 legs] or constsuctive obligation committing th¢ Chlty to the expenditUT¢. All cxpcnditt]Te 15 accounted for on 9rU8]S basis aDd has been classified under t&lirEs that aggr¢gate all costs related to that cJi¢gory. Grants and donatiot)s payabl¢-'The5c ar¢ payments mad¢ io third parties in the furtheranc¢ olthe ChaEity'S objtdiVC5. Govcrnanc¢ ¢osts- These c¢)mprise all ¢osts involving the public accountibility of th¢ ChoTity and its ¢omplian¢¢ with regulation and good pradicc. Tfimgible f¥Aed wets Tongible red &ssets are initially Me]red at cost and subse4uentty mwurcd At ¢ost or valuatiow of depreciation any iTTrpairn)ent loss¢s. DeprlatIOn 15 recI>Es¢d &$ to write off th¢ ¢ost or valuation of ass¢ts Icss th¢ir residual vaJu¢s ovcr their 8eful lives on the following basis." LaDd and buildings fjxture and Fittings The gain or loss awisin8 on the disrml of ath asset is d¢t¢rniined as th¢ dilTer¢nrt between th¢ sale pr¢<¢eds Ihc win8 va]u¢ of the asseL and is recognised ITh net inrome lexpendilwel for the year. laOycar5 Straight line basis Reduc1g basis IDv¢stment proprrty Invtslrnenl properry 15 m¢asurtd initially ai cost whi¢h includes purcbase price and athy directly oiiributsbic ¢xp¢nditure. Inv¢sthient propffj ts Tcvalued io itsfairvalue al eath reportitlg date and any cbat8es infalrvaiue ar¢ ¢ognised in PTofiI orlos If areliabk measure of fair valuc 15 not available without undue cost or effort it shall be tmjsfcrrcdto thngible assets and accoumed forunthT the ¢ost rnod¢l until it is rxptcted that fair value will b¢ reliabty me85urabl¢ on aD on-goin8 Fixed ast iDve5tm¢nts Fixed assct tnv¢5tm¢nts are initially meawr¢d at trsactIon price cxcluding trans&100 costs ej ore 5ubsequ¢nily measuTed 81 fair v8Jue al e4ch Tel]ng dat¢, Changcs in fair Wal ar¢ recognlsed in nct thcomc (¢xpettditur¢) for the y. Trartsaaion costs tr¢ ¢xpen5ed as incurFed. Is ItypAirmeTh¢ of red Assets At cach reptsrting end dat¢. lh¢ Charity r¢view5 th¢ tatryinB amounts of its t8n8Lble ¢1$ to dd¢Tmin¢ whrfher there is w)y indic10 thal Ihose ossets have suffered an imp8jrnl¢lJt luss. If any suth indiution exi5t& th¢ recoverablc 2mount of th¢ Lsset is ¢stimated in order th detvn]in¢ the extent of the kmptiirnicnt los$ {if any). Cash tajh eqolvajents Cash and cash equivalents in¢lude cash in hd. deptssits held w call with banks other short-tenn liquid inv¢s(ments with original r))aturitics of thr¢¢ months or less. and bank overdrafts. Llank overdra(ts are Shown thin b(m>win8s in CUTr¢nt liabiliii¢s.
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (COIYTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 A¢conting pollele8 (Continu¢d) i.ii Finaneill instrvmtnts The ajarity has ¢lea¢d to apply the provision5 of Section I I 'BlC Financi ItmentS. and Sedion 12 '0ther FAnancia] IDStrumcnts Issu¢s' of FRS 102 to all of its financial inslrum¢n FiDallciaJ inSUMen15 are rccogni5ed in th¢ Cb8fAty's ba]0¢¢ sheet when IhE Charity bECOm party lo th¢ tontraclual ptovisiixjs of the in5trnrn¢rbL Financial wets and liabiliiic5 arc offseo with the net &molS preseTrted in thc fmoncial 5tatcm¢nL% whcn thu¢ is 1¢8ally tJJfor¢¢able right io set off the recognised amount5 and when th¢r¢ is an iDl¢ntii)n io settle on a nct b&8is or io realis¢ the asset and settlcthe liibility 5Lrnulthn¢ously. B•sl¢ finaD¢ial iss¢t$ Ba51¢ ftnzncial a5s¢¢s which include debtors and ¢ath ond bank baiancc4 are initially mwured £1 transaction price iK¢luding tran5H¢tion cost5 and are SUbsequtIY ¢arri¢d at 8rnOnise41 cost using the effeclive interest method unless thc arrangement constitutes a finanring iran5a¢tion, where the transaction is measur¢d et the PT¢sent val of the fumre r¢c¢ipiS discount¢4 a matkel rate of itltcrcst. Financial a5S¢ts ¢Ilfied 0$ r¢ceivable within on¢ y¢ar are not thmortised. Ba51e fingncl*l li•bllitiu Basic fLnanGiaJ liabilities. uiclwlin8 creditors and 108ns are Initi]Y Te]15td ai ¢rnnsacti<m pri¢e unless the arrfyn8¢rnent wistitutes a financing trans¥ictiot4 wbcrc the d¢bi instrum¢Dt is measured al the pr¢5cnt value of the fuiure paym¢nts discounted at a markei rotc of iTJt¢resL Fina#181 liabilili¢s cl855ifid &$ payabl¢ within onc ye4r are not &mortis¢d. tkbi instruments are AJbsequent]y ¢wried at wnornised sIng the effectiv¢ inter¢si method. Debtors Debtors 8re recogDibeJ ot the setl]¢meni amount after my discoum offered. Prepayments are ¥alu¢d the amnI repaid n¢t of any discounts due. l.J3 Creditors and provlslons Creditors and provisions fft recognig<d wh¢re the Charity ha5 8 prcsenl obligation r¢5uliirt8 from # p&st event thal will probably r¢sult in the tyattsfer of fa5 lo a thtrd party the ajnowii due to s¢nle the obligation can be ¢uuJYd OT ¢Stimated reliably. CreditOTS snd pmvision are nonnally recogrtiscd at th¢ir scttlcm¢fft arnouTLt ofter allowing foTany discwits du¢. Critical a¢e•untlN8 ulSmates •nd Jydgtmethts In the application of the Charity'8 accounting polici¢4 th¢ knisrees arc required io mak¢ judg¢mcni4 ¢stimaS and assuml0nS about th¢ carying 0nt of assels gnd liabilitie5 that are not r#adily appar¢nl fmm other sowcc& Th¢ esiimat&% and associated l%snptiO$ are based on hisrorical ¢xperience and other factorsthat are consider to bt rclevaTtL A¢tU81 res1t$ may difftr from ihesc estimate& The e5timotes and und¢rtyin8 assump¢ions arc viewed on aJJ ongoing l)asis. Revisions aoUntiThg e5timies areiecogttised in the p¢r1] is) which the estimate is r¢vis¢d where th¢ revision 4tr¢£is ODly that perirf or in the p¢riod of the revision and fure periods wh¢r¢ the revision affcd5 both current and future p¢riod
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENfATION OF THE POOR THE CLJFFE FEOFFEES ]YOTES TO THE FINANCIAL STATEMENf (CONTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 3 Voluntary Income 2025 2024 Unrestrided Restricted Donations 4 Cb4ritble aetivitie$ Hall hlre Prop¢rty rent Total 2025 Totsl 2024 Charitable Tental income 29,874 17,025 46,899 52286 5 Investments 2025 2024 Jncome from li$ted investTwIts Interest receivable 12,884 1292 14.176 15,663 85 15.748 6 Other incom¢ 2025 2024 Other income 124 22 22 7 RisiDg funds 2025 2024 EDdowment Fund ITbV¢Stment mallagemenl 10.534 10,534 5.322 5,322 For the y¢ar ended 31 December 2024 Endowm¢nt Fund 5,322
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 8 Chrhble a¢tiYltles 2025 2024 Depreciation and impainDent Rates 598 1.133 3,141 1,836 16,417 29,079 600 52 1,620 6,543 146 598 964 Insuran¢¢5 Lighi 4T]d heat Cleaning and l¢ttin8 expenses Repairs to Church Hall Equipmenl purchased Legal and professional fee5 Ind¢peJ]dent examination Support cosls Sundry 3.069 1,953 15.545 6,919 20 40 1.578 3J64 100 36,150 61.165 Grant fijnding of a1VitieS {see note 9) 20,993 82.158 19,620 55.770 9 GADIS P8y*ble 21125 2024 Grdnts to inlonS." Lewes Citizens Advice BUaU Lewes District Chur¢hes Homelink Landport Fwd Bank LAndport Playscheme SclN)ol Unifomi Bank St Thom&s a Beckett for Tepair Southover Couns¢lling Individual Family Support 2.500 8.000 5.000 1.500 .500 2,000 2.500 6,000 4.01)0 3.500 2.000 1.51M) 120 493 20,993 19,620 Grants to iNlividuals 20.993 19.620 The charity awards grants to r¢stdents of a]1 the parishei of Lewe5. East Sussex. io alleviafe hardship and h con¢inued to support St Th¢)m8S-a-Becket Church in Clilye. tEwe$ Bnd other eY C¢5 wiihln Lew¢s -1
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (CONfiNUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 10 Trustses None of th¢ tnJstee5 (or any persoDS conneded with th¢m) received any remun¢raiion or expenses from the Charlty during the year. JI Employees There were no employees during the year. 12 Net Gainsl (losses) on investments UBrestrietsd nds Endowm¢nt Funds %eDerl Totsl 2025 Totsl 21124 Revaluation of investments GaiDsllloss) on sjle of it)vestments 62.815 {16.779) 46,036 62,815 (16.779) 46,036 28,152 28,707 56,859 For the year emded 31 DeCeber 2024 56.859 56,859 13 Tgn8ible 15xed assets Fixure & Fittin Land and buildings Total C05t At l January 2025 Additi0rt8 6,039 217,066 223.105 At 31 December 2025 6039 217.066 223.105 Depreeiatknn and i1r¢t At l January 2025 DeplatIOn charged in the year 943 377 1,989 221 2,932 598 At 31 December 2025 1320 2.210 3,530 Crrylng amount At 31 December 2025 4719 214.856 219,575 At 31 December 2024 5096 215,077 220,173 -li-
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 13 T¥ttglble fixed •ssets (Continued) The Charity owns and land OTigÉnally gilled to the Charity to be held in perpetuity in a¢¢ordance with the governing (k)cument and these assets forni part of the p¢nnanent endowment nds.These include the old ftre ststiO the chur¢h precinct and the chUh hall. The value of ih¢se assets and the c05t of improvements to them has not been included in the balance 5he¢t because. in the opinion of th¢ tn]stees, th¢ cost of professionalty valuing these assets outweighs the benefils to tbe of the finaneial statements. They insur¢d for £410,000 which 15 an estima1¢ of their replacement Cost. 14 FiAed Asset IDvestJneDts List¢d Inve5¢m¢Dt$ Cash i portfolio Toiaj Cost or Yakn#tion At 31 D¢wnber 2024 Additions Valuation thanges Disrd)sals 848,914 81,779 62,815 (127,381) 61,801 5.812 910.715 75,967 62,815 (127.381) At 31 December 2025 866,127 55.989 922,116 Carrying amoutht At 31 D¢¢eller 2025 866,127 55.989 922,116 At 31 December 2024 848,914 61,801 910.715 Fix¢d asset investments revAlued The listed investmenis have been included at their mark¢t va]ue at the balance sheet date as Provided by the investment managers, Dowwe Capital. The histori cost value of the listed investmenti ig £765.273 (2024 - £826,166). 15 FinaD¢ial iStrments 21)25 2024 C¥4rryiDg amount of Ilnaneig18ssets Debt instnunertt9 measured at amortised cost Equity instTwnents measured at cost less ]M)rment 922.116 863,558 Carrying amoyDt of fJDaD¢ial Ilabiliti¢s Measured at amot1ised cost 3.611 4,443 -12-
CHARITY FOR THE REPARATION OF THE CHURCH AIYD SUSTENfATION OF THE POOR THE CLIFFE FEOFFEES NOTKS TO THE FINANCIAL STATEMENT {CONTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 16 Debto 2025 2024 f41bn¥ die fjrtyr. Trgde dcblors Other4kbtors 1.105 30 ,135 30 30 17 Credltors: flli#E due withln yr 2025 2024 3.787 2.441 iJoo 3,941 5.287 18 EAdoiYmeD¢ futtds fiJTrJs TW¢5¢ th05¢ 8¥setswhichTmJSt behEldpern)anen¢lyby thecharity. In¢onarAsing the endowmcnt funds cgrl beus¢d in at¢ordatte¢ with the obj¢¢ts of the Ctiariiy 1$ in¢]Ud as WJttstrid¢d itlcorng. Any capitsj g4ill5 orl(tss¢s on the inv&91m fL¥m parf of the fwjd MDvem¢n¢ itt Invtstm¢nts B•li•L At J ReJourc¢5 expended Ballltt •¢ 31 ]kttMber rtsoyrtts 21 2025 P¢manen¢ ¢Mdow¢ts 849,764 849.764 110,534) 110,534) 46,036 46.036 885,266 885.266 J9 ADtyvs of ael as5¢ts bettYeeB fuDds UDrvtrirtrd Funds ReJtrltt¢41 Fund$ EDdowrneDt Funds To¢1 Fund bhl•nce5 at 31 DecemFr 2W25 8reYepT¢s¢nied by". T2]e as8¢ts vcylm¢nts Cutl[lbIlItt¢S) 219,575 3(850 45.344 301.769 219,575 922.116 45J44 1.187,035 885.266 885,266 -13.
CHARITY FOR THE REPARATION OF THE CHURCH AND SUSTENTATION OF THE POOR THE CLIFFE FEOFFEES NOTES TO THE FINANCIAL STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 DECEMEBER 2025 The Chority has no capilal commitments ui the bal¥nc¢ sheet d&1¢(202 nonc) 21. Related party tranmdlons Thcre wcre no dis¢losable r¢loted pyJty troDSadions during th¢ycaT (2024-Done}. -14-