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|ANNUAL<br>REPORT|||
|---|---|---|
|For the year ended 31December|2020||
|TABLE OF CONTENTS||Page Number|
|Mission Statement|||
|Legal Objects|||
|Strategic Report:|||
|Strategic Aims||4|
|Objectives for the year||4|
|Activities<br>and Achievements|in the year|5|
|Future plans||16|
|Financial<br>review||17|
|Principal<br>risks and uncertainties||21|
|Structure<br>and Governance||22|
|Trustees'<br>Responsibilities||27|
|Administrative<br>details||29|
|Independent<br>Auditor's<br>Report||31|
|Statement<br>of FinancialActivities||35|
|Income and Expenditure<br>Account||36|
|Balance Sheet||37|
|Cash Flow Statement||38|
|Notes to the Financial Statements||39-76|





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|||Funds at 31|||Total|
|---|---|---|---|---|---|
|||December|Proportion|Income yield|Return<br>in|
|||2020|of Portfolio|in year|year|
|||E'000s||||
|CCLA Managed||||||
|CBF Investment|Fund|502|1.30%|2.96%o|9.77%|
|M&G Managed||||||
|Charifund||13,176|34.14%|3.84%|135%|
|Charibond||25|0.07%|2.29%|2.29%|
|Charles Stanley Managed||9,568|24.79%|2.62%|-24.359o|
|J M Finn Managed||7,273|18.84%o|3.14%|2.33%|
|Cazenove||8,051|20.86%|2.339o|4.27%|
|||38,595|100.00%|||



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|he Trustees met four times during the year.||||
|---|---|---|---|
||Meetings||Attended|
|TI'Ustee|ivTrustee|for part ofyear)||
|The Rt Revd Dr Martin<br>Warner||||
|The Rt Revd Richard Jackson|||vU|
|The Rt Revd Will Hazlewood|||«2|
|The Rt Reed Ruth Bushyager|||3|
|The Very Revd Stephen Waine|||2|
|The Ven Martiu Lloyd Williams||||
|The Ven Lul,e Itvine-Carvel|||3|
|The Ven Dr Edkvard Dowier|||3|
|The Ven Fionn Windsor|||vU|
|Mr Philip Bovvden|||*I|
|Mrs Lesley<br>Lvnn|||4|
|Revd Canon lvlark ciilbert|||4|





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|Forthe year ended|Forthe year ended|
|---|---|
|Mr Jolm Booth||
|Revd Canon|Ann Waizeneker|
|Revd Canon|Julia Peaty|
|Revd James|Hollingsworth|
|Revd Canon|David Twinley|
|Revd Philip|Coekin|
|Revd Martin|King|
|Mr Martin Cruttenden||
|Mrs Ivlilly Murphy||
|Mr Bradley|Sruith|
|Mr Jacob Vince||
|Miss Alison|Merchant|
|Mrs Valerie|Burgee~|
|Mrs Lesley|Webster|
|Mrs Sara Stonor||



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||||||Unrestdcted||Funds|Restricted|Restricted|Endowment|Endowment|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||General|Designated|||Funds||Funds||2020|2D19|
||||Note||E'000||f000||E'000||E'000||E'000|E'000|
|Income and endowments|from||||||||||||||
|Donations|||||||||||||||
|Parish share|||3a||13,120||||||||13,120|13,954|
|Other donations|||3b||256||651||668||||1,575|815|
|Charitable<br>activities|||4||690||||121||||811|868|
|Otheractivities|||5||477||||10||||487|456|
|Investments|||6||632||||1,085||||1,717|2,182|
|Other|||7||6||||115||||121|185|
||||||||651||1,999||||17,831|18,460|
|Expenditure<br>on|||||||||||||||
|Raising Funds|||8||76||||83||||159|458|
|Charitable<br>activities|||9||15,365||122||2,008||53||17,548|16,360|
||||||15,441||122||2,091||53||17,707|16,818|
|Net income/(expenditure)||before|||||||||||||
|investment<br>gains/(losses)||||(|260)||529|(|92)|(|53)||124|1,642|
|Unrealised<br>gains on investments|||15|(|13)||73||1,212)|(|2,265)||( 3,417)|5,532|
|Realised gains on investments||||(|2l||||278|-|240||( 520)|274|
|Net gains/[losses)<br>on investments||||(|15)||73|(|1,490)|(|2,505)|(|3,937)||
|Net Income/(expenditure)||||(|275)||602|(|1,582l|(|2,558)|(|3,813)|7,448|
|Transfer between<br>funds|||||525||50|(|610)||35||||
|Other recognised gains/(losses)|||||||||||||||
|Gains((losses)<br>on revaluation||of|||||||||||||
|fixed assets|||14|||(|320)|(|35l||1,495||1,140|2 223|
|Net movement<br>in funds|||||250||332|(|2,227)|(|1,028)|(|2,673)|9,671|
|Total funds brought forward|||||||6,342||22,101||252,018||285,949|276,278|
|Total funds carried forward|||19||5,738||6,674||19,874||250,990||283,276|285,949|





## 

## 

|Forthe year ended 31|December 2020|||
|---|---|---|---|
|||Total|Total|
|||2020|2019|
|||6'000|6'000|
|Total incoming resources<br>Resources expended<br>Operating<br>surplus/(deficit)<br>Net gains on investments<br>Net gain/(loss) forthe year|for the year|17,831<br>~17,654<br>177<br>( 1,432)<br>( 1255)|18,456<br>~16,818)<br>1,638<br>2,857<br>4495|
|Other comprehensive<br>income:||||
|Revaluation<br>offixed assets||||
|Total comprehensive<br>gain/(loss)||(1,255)|4,495|





## 

|ANCE SHEET<br>he year ended 31December 2020|ANCE SHEET<br>he year ended 31December 2020||||||
|---|---|---|---|---|---|---|
|Company<br>Number<br>-00133558|||2020||2019||
||Note||E'000|E'000|E'000|E'000|
|FIXEDASSETS|||||||
|Tangible assets||14||229,543||229,454|
|Investments||15||43,703||49,801|
|||||273,246||279,255|
|CURRENT ASSETS|||||||
|Assets held for resale|||||||
|Debtors||16|3,237||2,765||
|Cash on deposit|||5,171||2,146||
|Cash at bank and in hand|||8,274||6,752||
||||16,682||11,663||
|CREDITORS: amounts|falling due||||||
|within one year||17|(6,269)||(3,804)||
|NET CURRENT ASSETS||||10,413||7,859|
|TOTAL ASSETS LESSCURRENT|||||||
|UABILITIES||||283,659||287,114|
|CREDITORS: amounts|falling due||||||
|after more than one year|||||||
|Pension scheme liabilities||||(383)||(1,165)|
|||||283,276||285,949|
|FUNDS|||||||
|Endowment<br>funds||||250,990||252,018|
|Restricted Income funds||||19,874||22,101|
|Unrestricted<br>income funds|||||||
|General funds||||5,738||5,488|
|Designated<br>funds||||6,674||6,342|
|TOTAL FUNDS|19/20|||283,276||285,949|





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||||2020|||2019||
|---|---|---|---|---|---|---|---|
||||6'000|6'000||6'000|6'000|
|Net cash outflow from operating<br>activities (see below)||||(|457)||(5,111)|
|Cash flows from Investing<br>activities||||||||
|Dividends<br>/ Interest and rent from Investments|||1,717|||2,182||
|Proceeds from the sales of.||||||||
|Ta ngIb IefIxed as sets<br>Fixed assets Investments|||3,099<br>4,801|||5,822<br>2,938||
|Purchase<br>afi||||||||
|Tangible fixed assets|||(1,971)|||(442)||
|Fixed assets Investments|||(2,642)|||(2,027)||
|Net Cash provided<br>by Investing||||5,004|||8,473|
|actMtles||||||||
|Cash flows from financing<br>activities||||||||
|Loans (repaid)||||||30||
|Net cash used In financing||||||||
|aaivities|||||||30|
|Change<br>in cash and cash equivalents||in the reporting|period|4,547|||3,392|
|Cash and cash equivalents<br>at 1|January|||8,898|||5,506|
|Cash and cash equivalents<br>at31December||||||||
|Analysis<br>of Cash and Cash equivalents<br>Cash in Hand||||8,274|||6,752|
|Notice deposits (less than 3 months)||||5,171<br>13,445|||2,146<br>8,898|
|Reconclgation<br>ofnet movements<br>In||funds ta net cash flow from||operating|activities|||
|Net income before investment|gains||||124||1,642|
|Ad)ustments<br>for<br>(Gains) on the disposal<br>of fixed <br>Depreciation<br>charges<br>Investment<br>income|assets|||( 115)<br>34<br>(1,717)|||( 31)<br>35<br>( 2,182)|
|Change<br>in value ofValue Linked Loans<br>(Increase)in<br>Debtors<br>Increase/(Decrease)<br>in Creditors||||6<br>(472)<br>1,683|||(352)<br>(4,223)|
|Net Cash used in operating|activities||||(457)|||
|||||||(gb)s)||





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||||unrestricted<br>Funds||Restrlaed|Endowment|Total|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||General|Oeslgnated|Funds|Funds|2020||2019||
||||8'000|E'000|E'000|E'000|E'000||8'000||
|Current|Year pledges||14,010|||||14,010||13,999|
|Shortfan|in contributions||(978)|||||(978)|||
||||13,032|||||13,032||13,818|
|Receipts|for previous|year|88|||||88||138|
|Total income|||13,120|||||13,120||13,934|





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## 

|||Unrestricted|Funds|Funds|Restricted|Endowment|Total|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
|||General||Designated|Funds|Funds|2020||2019||
|||E'OM||E'MO||E'OM|6'000||E'000||
||All Churches TrustGrant|122||50||||172||171|
||Archbishops<br>Council||16|600|93|||709||170|
||RME Block Grant||||568|||568||419|
||Grants from other||||||||||
||organisations|103||||||103|||
||Donations||15|I|7|||23||46|
|||256||651|668|||1575||815|
|4.|CHARITABLE ACTIVITIES||||||||||
|||Unrestricted|Funds||Restricted|Endowment|Total|Funds|Total Funds||
|||General||Designated|Funds|Funds|2020||2019||
|||E'000||E'000|E'000|E'000|E'000||E'000||
||Statutory fees for||||||||||
||parochial<br>services|468||||||468||560|
||Church Commissioners'||||||||||
||gua ra nteed a nnui ties|||||||||13|
||Parish trust Income||||110|||110||93|
||Generated<br>Income|27||||||27||83|
||Church Schools Training||||||||||
||&other|195||||||195||119|
|||690|||121|||811||868|





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||||Unrestrkted|Funds|Restricted|Endowment|Total|Funds|Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||General|Designated|Funds|Funds|2020|||2019||
||||6'000|E'000|E'000|E'000|E'000|||E'000||
|Rents receivable||-Properties|477||10|||487|||456|
||||477||10||||||456|
|TMENT INCOME||||||||||||
||||Unrestrkted|Funds|Restriaed|Endowment|Total||Funds|Total|Funds|
||||General|Designated|Funds|Funds|2020|||2019||
||||E'000|E'000|E'000|E'000|E'000|||E'000||
|Dividends|receivable &|||||||||||
|interest|receivable||632||835||||1,467||1,925|
|Rents receivable||- Glebe|||250||||250||257|
||||632||1,085||||1,717||2,182|



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|||Unrestricted|Funds|Restricted|Endowment|Total|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|
|||General|Designated|Funds|Funds|2020||2019||
|||E.'000|E'000|E'000|E'000|E'000||E'000||
|Other income|||||||6||154|
|Gain/(Loss)|on sale of|||||||||
|property||||115|||115||31|
|||||115|||121||185|



## 

|||||Unrestrkted|Funds|Restrkted|Endowment|Total|Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Funds|Funds|2020||2019|
|||||6'000|E'000|E'000|E'000|E'000||E'000|
|investment|Manager||fees|72||71|||143|147|
|Glebe repairs||&|||||||||
|improvements||||||12|||16|311|
|||||76||83|||159|458|





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## 

||||Unrestricted|Unrestricted|Funds|Restricted|Endowment|Total Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||General||Designated|Funds|Funds|2020|2019||
||||E'000||E'000|E'000|e000|E'000|E'000||
|Contributions<br>to|||||||||||
|Archbishops'<br>Coundl|||||||||||
|Training for Ministry||||||||||632|
|National<br>Church|||||||||||
|Responsibilities|||475|||||475||502|
|Grants and Provisions||||53||||53||54|
|Mission agency pension||costs||23||||23||7|
|Retired clergy housing costs|||227|||||227||216|
|Pooling ofordinands|||||||||||
|maintenance<br>grants|||(82)|||||(82||38|
||||1,328|||||1,328||1,449|
||||Unrestricted||Funds|Restricted|Endowment|Total Funds|Total|Funds|
||||General||Designated|Funds|Funds|2020|2019||
||||E.'000||E'000|E'000|E'000|E'000|E'000||
|Resourclng<br>Ministry|and||||||||||
|Mission - Parish Ministry|||||||||||
|Stlpends<br>and National|||||||||||
|Insurance|||6,567||||53|7,390||7,574|
|Pension contributions|||1,710|||||1,710||1,736|
|Defined benefit pension|||||||||||
|scheme movement|(see|Note 26)||(35)||||(35)|(2,614)||
|Housing costs|||2,061|||179||2,240||3,017|
|Mission<br>Fund grants||||||||122||121|
|Removal, resettlement||&grants||235||||235||231|
|Clergy welfare<br>Ministry Suppon||||19<br>223||130<br>2||149<br>225||186<br>230|
||||10,780||122|1,681|53|12,036|10,481||





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## 

|||Unrestricted|Unrestricted|Funds|Restrfcted|Endowment|Total|Funds|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
|||General||Designated|Funds|Funds|2020||2019||
|||E'000||F.'000|E'000|E'000|E'000||E'000||
|Resourdng<br>Ministry|and||||||||||
|Mission<br>-support|for Parish Ministry||||||||||
|Ordination<br>Training|||567||573|||1,140||1,188|
|Adult Education|||78||7|||85||120|
|Children<br>and youth|work||101|||||101||172|
|Apostolic Ufe|||174|||||174||257|
|Common<br>Good|||8|||||8||33|
|Safeguarding|||319|||||319||229|
|Diocesan Advisory<br>Committee|||78|||||78||81|
|Pastoral<br>and Redundant|||||||||||
|Churches uses|||50|||||||45|
|Redundant<br>churches|||132|||||132||104|
|Communications|||92|||||92||108|
|Chaplains|||||||||||
|Mission proiects (SDFI|||||120|||120||117|
|Chancellor &Registrar|||81|||||81||69|
|Grants|||67|||||219||223|
|||1,747|||852||||2,746||
|Support and Governance|||||||||||
|for pansh<br>mimstry|(note 10)||||||||||
|||2|441||||3,293||3,558||
|Resourcing<br>Ministry|and||||||||||
|Mission - Church Schools|||||||||||
|Church Schools department|||728||75||||||
|Support and Governance|||||||||||
|for Church Schools|(note 10l||||||||||
||||816|||||891||872|
|Total Charitable<br>activities||15,365||122|2,CDB|53|17,548||16360||



## 

## 

|||Resourclng|ministry||||||
|---|---|---|---|---|---|---|---|---|
|||and mission||Education|||||
|||Support for||Church|Total|Funds|Total|Funds|
|||Ministry||Sdt on la|2020||2019||
|||E'000||E.'000|F.'000||E'000||
|Support|||||||||
|Central|serwces department|158||20||178||181|
|General|officedepartment|205||26||231||275|
|Finance|department|179||23||202||212|
|iTdepartment||102||13||115||158|
|Depreciation||30||4||34||35|
|||674||86|||||
|Governance|||||||||
|External|Audit|20||||22|||





## 

## 

|OTES TO THE FINANCIAL STA<br>rthe year ended 31 Decem|TEMENTS (con<br>ber 2020|tintfed)|||||||
|---|---|---|---|---|---|---|---|---|
|11.ANALYSIS DF GRANTS MADE|||||||||
||||||Total|Funds|Total|Funds|
||||Individuals|Institutions|2020||2019||
|||Number|E'000|f.'000|f.'000||6'000||
|From unrestricted<br>funds for|national||||||||
|church responsibilities:|||||||||
|Contributions<br>to Archbishops'|Council|||1,328|1,328||1|449|
|From unrestricted|||||||||
|The Chichester Diocesan Association for|||||||||
|Family Support Work||1||36||36||36|
|Togetherin<br>Sussex||1||4||4||10|
|St Bartz Trust- Youth work||1||19||19||19|
|Clergy Training||27||||8||12|
|Clergy Moves<br>Other organisatons||47||||234||231<br>11|
||||242|59||301||319|
|From designated|||||||||
|PCCs for Mission projects||12||90||90||121|
|The Chichester<br>Diocesan Association for Fami||1||15||15|||
|Other Organisations<br>for Mission projects||1||16||16|||
|Individuals<br>for Mission projects||1|1|||1|||
||||1|121||122|||
|From restricted|||||||||
|PCCs for Mission projects||9||||240||158|
|Clergy and families for Welfare<br>Overseas mission agencies||110<br>4|62|9||62<br>9||75<br>13|
|Aided Schools||3||69||69|||
|Ordinands<br>in training<br>AD Care of Churches||59|511|||511||553<br>4|
|Other organisatons||||||||26|
||||573|318||891||829|
|Totals||283|816|1,826|2,642||2,718||





## 

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## 

||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||f'000|f'000|
|Employee costs|during the||year were as follows:||||||
|Wages and salaries|||||||1,874|1,881|
|National<br>insurance||contributions|||||193|186|
|Pension costs|||||||290|259|
||||||||2,357|2,326|
|The average number ofpersons||||employed|by the group during the year:||2020|2019|
||||||||Number|Number|
|Administration|and|financial|management||||21||
|Apostolic Life|||||||14||
|Common<br>Good|||||||||
|Property|||||||||
|Education<br>- Church||Schools|||||14|13|
|Safeguarding<br>g|inclusion||||||7|6|
||||||||63||
|The average number ofpersons||||employed|by the group during the year.||2020|2019|
|based on full-time||equivalents:|||||Number|Number|
|Administration|and|financial|management||||18|22|
|Apostolic<br>Ufe|||||||13|11|
|Common<br>Good|||||||||
|Property|||||||7||
|Education<br>- Church||Schools|||||10|10|
|Safeguarding<br>&|inclusion||||||5|4|
||||||||53||
||||||||2020|2019|
||||||||Number|Number|
|The numbers<br>of|staff whose||emoluments||(Including benefits|in kind but excluding|||
|Pension contributions)<br>amounted||||to more|than f60000were|asfollows:|||
|E60,001 - f70,000|||||||||
|f70,001 - f80,000|||||||||





## 

## 

## 

|||||Stipend|Housing|
|---|---|---|---|---|---|
|The|Right|Revd<br>R Jackson (to 7/1/20)||No|Yes|
|The|Right|Revd R K F Bushyager|(from 15/7/20)|No|Yes|
|The|Right|Revd W P G Hazlewood|(from 15/7/20)|No|Yes|
|The|Venerable<br>L irvine-Capel|||Yes|Yes|
|The|Venerable<br>F Windsor (to 31/7/20)|||Yes|Yes|
|The|Venerable<br>M Lloyd-Williams|||Yes|Yes|
|The|Venerable<br>E Dowler|||Yes|Yes|
|The|Revd|Canon<br>PM Gilbert||Yes|Yes|
|The|Revd|A Waizeneker||Yes|Yes|
|The|Revd|J Hollingsworth||Yes|Yes|
|The|Revd|D Twinley||Yes|Yes|
|The|Revd|P Caekin||Yes|Yes|
|The|Revd|M King||Yes|Yes|





## 

## 

## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||||f'000|f'000|
|Stipends|||||6,816|6,991|
|National|insurance|contributions|||576|581|
|Pension|costs - current year||||1,710|1,742|
|Pension|costs - deficit reduction||contributions|paid|741|752|
||||||9,843|10,066|



## 

||||||Unrestricted|Funds|Restricted|Endowment|
|---|---|---|---|---|---|---|---|---|
||||||General|Designated|Funds|Funds|
||||||6'000|6'000|6'000|6'000|
|Transfer|of|net proceeds from sale of|||||||
|redundant||parsonages|||||||
|Movement||on|defined|benefit pension|||||
|scheme|||||(35)|||35|
|Administration|||charge|—Aided Schools fund|||(48)||
|Mission|Fund|||||50|(50)||
|Pastoral|Fund transfer|||- housing costs|512||||
||||||525|||35|





## 

## 

## 

||Freehold|Leasehold|Office||
|---|---|---|---|---|
||Land|Property|Equipment|Total|
||f'000|colm|f'000|f'000|
|At 1January 2020<br>Additions|228,746<br>1,973|573|699<br>(2)|230,018<br>1,971|
|Dlsposals|(2,988)|||2,988|
|Reclassification|||||
|Revaluation||(320||1,140|
|At 31December 2020|229,191|253|697|230,141|
|Depreciation|||||
|At 1ianuary 2020|||||
|Disposals|||||
|Charge forthe year<br>At 31December 2020|||598|34<br>598|
|Net BookValue|||||
|At 31December 2020|229,191|253|99|229,543|
|At 31December 2019|228,746|573|135|229,454|





## 

## 

## 

||||At||||Change<br>In|At|
|---|---|---|---|---|---|---|---|---|
||||11anuary||||Market|31December|
||||2020|Additions|Disposal|Transfer|Value|2020|
||||6'000|6'000|6'000|6'000|6'000|6'000|
|Unrestricted||Funds|||||||
|Usted investments|||126|4|(15)||(12)|103|
|Unlisted<br>investments|||5||||0|5|
|Investment||property|588<br>719|4|~15||73<br>61|661<br>769|
|Restricted|Funds||||||||
|Listed investments|||20,330<br>20,330|1456 <br>1,456|~2,494)<br> ~2,494)||~1,2I2)<br>~1,222)|18,080<br>18,080|
|Endowment||Funds|||||||
|Listed investments|||24,313|1,181|(2,814)||(2,265)|20,415|
|Investment||property|4,439||||0|4,439|
||||28,752|1,181|~(2,814||~(2,265|~24 854|
|Tota<br>I|||49,801|2,641|~(5,323||~3,416|43 703|



## 

|Concessionary<br>(interest free) loans to Parishes||446|441|
|---|---|---|---|
|Loans to Parishes||985|1,015|
|Loans to Schools||368|434|
|Other Debtors and pre payments||1,438|875|
|||3,237|2,765|
|Induded<br>within the above are debtors amounts|due after|||
|more than one year asfollows:||||
|Loans to Parishes||||





## 

## 

## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E'000|E'000|
|Loans due in one year|||||||
|Church Commissioners|value-linked||loans||1,721|1,727|
|Deferred income|||||||
|Payments<br>received<br>in advance from Education||||Funding authority|2,119||
|Loan repayment<br>instalments||due in less than||one year|||
|Central<br>Board of Finance other loans||||||100|
|Other Taxes and social|secunty||||2|45|
|Other creditors and accruals|||||1,927|635|
|Clergy Pension Scheme|||||500|500|
||||||6,269|3,804|



## 

|||||2020|2019|
|---|---|---|---|---|---|
|||||E'000|E'000|
|Pension|Scheme|liabilities|(see note 24)|||
|Clergy <br>Church|Pension <br> Workers|Scheme<br> Pension|Scheme - DBS|352|1,128|
|||||31|37|
|||||383|1,165|





## 

## 

## 

|||Balances et||||||Balances at|
|---|---|---|---|---|---|---|---|---|
|||1January|||||Gains and|31December|
|||2020|Income||Expenditure|Transfer|Losses|2020|
|||E'000|E'000||E'000|E'000|E'000|E'000|
|UNRESTRICTED FUNDS<br>General||5,488|15|181|~(15,441|525|~15|5 738|
|Designated<br>Funds|||||||||
|Property<br>Parish Mission<br>Other designated|funds|6,086<br>241<br>6 342||50<br>601 <br>651|(121)<br> ~1)<br> ~122|50<br>50|(247)<br> ~247|5,839<br>220<br>615<br>6,6/4|
|Restricted<br>Funds|||||||||
|Diocesan Pastoral<br>Diocesan Stipend<br>CIergy WeIfare||15,071<br>1,170||952<br>/8|(122)<br>(952)<br>(83)|(650)|(1,252)<br>(87)|13,047<br>1,078|
|Clergy Welfare (8 <br>Jenklnson<br>Trust|Wild)|940<br>19||23<br>2|(62)<br>0||(35)|866<br>21.|
|Training||||30|(30)||||
|University<br>chaplaincy||||1|0|||39|
|Hayl far trust||/8||3|0|||81|
|Poling endowment||18||25|0|||43|
|The Arnold Bequest||40||14|(18)|||36|
|Clergy Widows||27|||(4)|||23|
|SDF||||93|(181)||||
|RME<br>Archdeacons'loans||(46)<br>1,849|568<br>31||(546)<br>(3)||(53)|(24))<br>1,824|
|Aided Church Schools<br>Diocesan Overseas Council<br>Other restricted<br>funds<br>Endowment<br>Funds||2,713<br>114<br>69<br>22,101|173<br>2<br>4<br>1,999||(74)<br>(9)<br>~7)<br> ~2,091|(48)<br> ~(610|(98)<br> ~1,525|2,666<br>107<br>66<br>19,874|
|~ex endable|||||||||
|Parsonage/Benefice<br>Diocesan Stipends|houses|180,313<br>59,038|||(53)|35|().259)<br>1,020|179,054|
|Clergy Welfare||2,365|||||(258)|2,107|
|Elfinsward||2,321|||||(254)|2,067|
|Terry's Cross||5,167||||||5,167|
|Permanent|||||||||
|Jenklnson||50|||||(6)|44|
|Training||943|||||( 102)|841|
|University<br>chaplaincy||663|||||(3)|660|
|Hay<br>lfar trust||77|||||(8)|69|
|Poling endowment<br>The Arnold Bequest||669<br>412<br>252,018|||(53)|35|(95)<br>~(45<br>(1,010)|574<br>367<br>250,990|
|Totalfunds||285,949|17,831||~17,707)||(2,/97)|283,276|





## 

## 

## 

||Fixed asset||Current|||Net|
|---|---|---|---|---|---|---|
||Tanglkde<br>E'000|Investments<br>E'000|Assets<br>F.'000|Creditors<br>E'000||Assets<br>E'000|
|UNRESTRICTED FUNDS<br>General|98|101|6,467|~928)||5,738|
|Designated<br>Funds<br>Property<br>Parish Mission<br>Other designated<br>funds|5,193<br>5,193||(15)<br>220<br>609<br>814|||5,839<br>220<br>615<br>6,674|
|Restricted Funds|||||||
|Diocesan Pastoral<br>Clergy Welfare<br>Clergy Welfare (8 Wild)<br>Jenklnson<br>Trust<br>University<br>chaplaincy<br>Hayllar trust<br>Poling endowment<br>The<br>Arnold<br>Bequest<br>Clergy Widows|1,153|15,399<br>676|(2,351)<br>1,336<br>190<br>21<br>39<br>81<br>43<br>36<br>23||(1,411)|13,048<br>1,078<br>866<br>21<br>39<br>81<br>43<br>36<br>23|
|SDF<br>RME<br>Archdeacons'<br>loans||891|(24)<br>933|||24<br>1,824|
|Aided Church Schools<br>Diocesan Overseas<br>Council||1,109|5,018<br>107||(3,461)|2,666<br>1.07|
|Other restricted<br>funds|1,153|18,079|62<br>5,514|—|4,872|66<br>19,874|
|Endowment<br>Funds|||||||
|Parsonage/Benefice<br>houses<br>Diocesan Stipends<br>Clergy Welfare<br>Elfinsward<br>Terry's Cross|172,007<br>45,294<br>5,167|19,261<br>1,911<br>1,876|7,047<br>(3,663)<br>196<br>191||(852)|179,054<br>60,040<br>2,107<br>2,067<br>5,167|
|Permanent<br>lenkl nson<br>Train/ng<br>University<br>chaplaincy<br>Hayllar trust<br>Poling endowment<br>The Arnold Bequest|631<br>223,099|43<br>764<br>26<br>64<br>572<br>339<br>24,856|1<br>77<br>3<br>5<br>2<br>28<br>3,887|~852)||44<br>841<br>660<br>69<br>574<br>367<br>250,990|
|Total funds|229,543|43,703|16682||(6,652)|283,276|





## 

## 

## 

||||||Balances m|||||||||8<br>I<br>e|at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||1January<br>2019<br>E'000|Incom<br>E'000||E <br>6'|pa<br>dlture<br>000||Tra<br>6'000|f|Gains and<br>Lo<br>E'OOO|310 ca<br>2019<br>E'OOO|her|
|UNRESTRICTED <br>General|FUNDS||||4641 ~26 142|||13075|||2 557||337|~5488||
|Desi gnat<br>d F<br>d<br>P op<br>Parish Mission<br>Oth<br>de Ignated||f|d||6,086<br>242<br>31|SO|(||1.21.)|||||6,086<br>241<br>15||
||||||6359||||121|||||6342||
|8 stdGad Funds||||||||||||||||
|Dioces<br>P<br>to<br>Dfoc<br>Stlp<br>Clergy Welf<br>Clergy Welf<br>Jenklnso<br>T<br>t<br>Tr<br>I<br>Ing<br>Llnlverslty<br>ch<br>pl|d<br>(8|Wild)|||12,553<br>1,109<br>900<br>1.8<br>37|1,141<br>133<br>29<br>2<br>46<br>1|(<br>(<br>(<br>(<br>(<br>(||1,519)<br>1,141)<br>72)<br>85)<br>1)<br>46)||1,876||2,161|15,071<br>1,170<br>94O<br>19<br>38||
|H<br>yfi<br>trust|||||74|4||||||||78||
|Poll g<br>ndowm<br>t<br>lh<br>A<br>old Bequest|||||9<br>40|31<br>18|(<br>(||22)<br>18)|||||18||
|CI<br>gy Widows|||||45||(||18)|||||27||
|SDF<br>RME<br>Archdeaco<br>Aided Chu<br>h 5 <br>Diocesan Ove s<br>Other restrict<br>d|hool<br>Coun<br> f<br>d|||(|9)<br>1 703<br>2,415<br>117<br>88<br>170<br>419<br>37<br>210<br>9<br>14<br>J.9 1CO ~2264||(<br>175)<br>(<br>456)<br>(<br>(<br>21)<br>(<br>12)<br>~33<br>3622|||(<br>42)<br>~1839|||112<br>151<br> ~2520|46)<br>1,849<br>2,713<br>114<br>69<br>22 101||
|E do<br>ent Funds||||||||||||||||
|~Ex<br>d<br>hi||||||||||||||||
|P<br>r o<br>g /8<br>Diocesan Stfp<br>Clergy Welf<br>Elfl|flcehou<br>d||||180,473<br>53.935<br>2,056<br>2,018|||||(|1,951)<br>2,615||1,787<br>2,488|180,313<br>59,038<br>2,365<br>2.321||
|T<br>/<br>Cross|||||5,167|||||||||5,167||
|P||||||||||||||||
|J<br>ki|||||44||||||||6|50||
|Training<br>University<br>ch<br>pl|Incy||||820<br>659||||||||123<br>4|943<br>663||
|H<br>yfl sr trust|||||||||||||1.0|||
|PoBng endowm||t|||581.||||||||88|669||
|Th<br>A<br>old Bequest|||||358|||||||||412||
||||||246.178||||||||5 172|~252 018||
|Tot If<br>ds|||||276 278|18460||16818|||||8,029|~285 949||





## 

## 

||Fixed assets||Current|Current||||Net|
|---|---|---|---|---|---|---|---|---|
||Tanglttle<br>e000|Investments<br>F.' 000||Assets<br>6'000|Creditors<br>E'000|||Assets<br>6'000|
|UNRESTRICTED FUNDS<br>General||125||5 876|~647|||5 488|
|Designated<br>Funds<br>Property<br>Parish Mission|5,513|589|(|1.6)<br>241||||6,086<br>241|
|Other designated<br>funds|5,513|5||10<br>235||||15<br>6,342|
|Restricted<br>Funds|||||||||
|Diocesan Pastoral<br>Clergy Welfare<br>Clergy We Ifare<br>( 8 Vi/ i Id )<br>Jenkinson<br>Trust|1,543|17,414|(|2,343)<br>1,355<br>192<br>19|(|1,727)||15,071<br>1,171<br>940<br>19|
|University<br>chaplaincy<br>Hayl lar trust<br>Poling endowment<br>The Arnold Bequest<br>Clergy Widows||||38<br>78<br>18<br>40<br>27||||38<br>78<br>18<br>40<br>27|
|SDF|||||||||
|RME|||(|46)|||(|46)|
|Archdeacons'<br>loans||957||892||||1,849|
|Aided Church Schools||1,207||2,473|(|967)||2,713|
|Diocesan Overseas<br>Council||||114||||114|
|Other restricted<br>funds||||65||||69|
||1,543|20,330||2,922|(|2,694)||22,101|
|Endowment<br>Funds|||||||||
|Parsonage/Benefice<br>houses<br>Diocesan Stipanda<br>CIergy WeIfare<br>Elflnsward|174,012<br>42,454|21,992<br>2,322<br>2,279|(|6,301<br>3,780)<br>43<br>42|(|1,628)||180,313<br>59,038<br>2,365<br>2,321|
|Terry's Cross|5,167|||||||5,16/|
|Permanent|||||||||
|Jenk Inson||51|(|1)||||50|
|Training<br>University<br>chaplaincy<br>Hayllar trust<br>Poling endowment<br>The Arnold Bequest|631<br>222,264|926<br>31<br>76<br>668<br>40'7<br>28,752||17<br>1<br>1<br>1<br>5<br>2,630|~1,628)|||943<br>663<br>77<br>669<br>41.2<br>252,018|
|Total funds|229,454|49,801||11,663|~4,969)|||285,949|





## 

|Forthe year ended 3|Forthe year ended 3|Forthe year ended 3|1December 2020|||
|---|---|---|---|---|---|
|23.DESCRIPTION OF FUNDS||||||
|General|||The general<br>fund<br>is the CDBF's unrestricted<br>undesignated<br>fund available|for||
||||any ofthe CDBF's purposes.|||
|Property|||The fund value<br>is set at the level equivalent<br>to the net book value ofcorporate|||
||||properties.<br>Church<br>House, Hove and various houses used by retired clergy||make|
||||up the value ofthis fund.|||
|Parish Mission|||Fund made available<br>from the AIIChurches<br>Trust and diocesan sources to|||
||||support<br>parish<br>mission projects throughout<br>the Diocese.|||
|Other Designated||Funds|The majority ofthese funds represents<br>a grant received from the Church|||
||||Commissioners<br>to meet the costs of two additional<br>curates to be ordained||in|
||||2021 and a Parish Development<br>Officer role.|||
|Diocesan|Stipends||The diocesan stipends<br>capital fund has been created from the diocesan|stipends||
||||fund capital account assets held under the Church<br>Property Measure 2018||to|
||||provide<br>income for clergy stipends.<br>It represents<br>glebe property,<br>accumulated|||
||||sale proceeds ofglebe property,<br>and sale proceeds ofsome benefice houses|||
||||and surplus<br>benefice endowments<br>following<br>pastoral<br>reorganisation.<br>Capital|||
||||funds may be used for the purchase,<br>improvement<br>and maintenance<br>of|glebe||
||||property<br>and benefice houses.|||
|Clergy Welfare|||Fund is governed<br>by a 1993Charity Commission<br>scheme with income being|||
||||used for the welfare of clergy, their spouses or other licensed staff who|||
||||work or have worked<br>in the diocese.|||
|Clergy Welfare (B||Wild)|Fund derives from the sale of a property,<br>Lapwings,<br>bequeathed<br>for|||
||||purposes connected<br>with clergy welfare.<br>The fund<br>is used for the clergy|||
||||wellbeing<br>service.|||
|Clergy Widows|||Fund represents<br>a legacy from Charles Peckham to provide financial<br>grants||or|
||||other benefits for widows ofthe clergy.|||
|University|Chaplaincy||Fund is governed<br>by a trust deed dated 21July 1961.The fund<br>isto|||
||||provide<br>a house for the University<br>ofSussex chaplain<br>and to assist that|||
||||chaplain<br>in the fulfilment<br>of his/her<br>duties.|||
|Jenkinson|Trust||Fund represents<br>a legacy from William Jenkinson.<br>Income from the fund|is|used|
||||for necessitous<br>Church of England<br>gentlewomen<br>or as the diocesan<br>fund|finds||
||||most fitting.|||
|Hayllar Trust|||Fund represents<br>a legacy from Sidney Hayllar.<br>Income from the fund<br>is used to|||
||||help clergy with personal costs such as education<br>and personal<br>support|and||
||||general<br>financial<br>problems,|||
|Poling Endowment|||A fund to be used for the welfare of clergy and their families<br>in need or|||
||||hardship,<br>serving,<br>in training<br>or retired, ofthe Diocese of Chichester.|||





## 

## 

|NOTES TO THE FINANC<br>Forthe year ended 3|NOTES TO THE FINANC<br>Forthe year ended 3|IAL STATEMENTS (continued)<br>1December 2020|IAL STATEMENTS (continued)<br>1December 2020||
|---|---|---|---|---|
|23.DESCRIPTION OF FUNDS||(continued)|||
|Archdeacons'|Loans|The fund|arose from three gifts and the proceeds of a fundraising<br>campaign.|The|
|||accumulated<br>income<br>is used to make interest free loans to parishes to help fund|||
|||repairs to|churches<br>and church<br>halls.||
|Aided Church|Schools|The Aided|Church Schools Fund represents<br>the accumulated<br>sale proceeds of||
|||redundant|Church of England School properties.<br>Its use is||
|||restricted|by Section 287(2) ofthe Education<br>Act 1993to capital and||
|||maintenance<br>work of Church of England<br>schools in the diocese and|||
|||education|generally<br>at Church of England<br>schools in the diocese, The CDBF is||
|||trustee ofthese funds, which are managed<br>in consultation<br>with the Diocesan|||
|||Board of|Education.||
|Diocesan Overseas||The fund|comprises the net income raised after grants made by the Diocesan||
|Council||Overseas|Council. The Council promotes<br>the Diocesan interest<br>in, support for||
|||and engagement<br>with mission work ofthe churches ofthe Anglican<br>Communion|||
|||in co-operation<br>with the Church of England's<br>Partnership<br>for World Mission|||
|||accredited<br>mission agencies and partners.<br>It raises funds mainly<br>by way ofthe|||
|||Harvest Appeal each year and in reaction to world<br>mission appeals and projects.|||
|Diocesan Pastoral||The diocesan pastoral<br>account was set up under the provisions<br>ofthe|||
|||Pastoral Measure 1983.The restricted<br>purposes<br>for which the account may||be|
|||used are;|||
|||~|to defray costs incurred for the purposes<br>ofthe Measure or any||
||||scheme or order made under the Measure except for salaries of||
||||regular diocesan employees.||
|||~|to make loans or grants for the provision,<br>restoration,<br>improvement|or|
||||repair of churches<br>and parsonage<br>houses<br>in the diocese.||
|||~|other purposes<br>ofthe diocese or any benefice or parish<br>in the diocese||
|||~|to make grants or loans to any other diocese||
|||~|to transfer funds to the diocesan stipends<br>fund income or capital||
||||accounts.||
|Strategic Development||The Diocese has been awarded<br>funding from the Church<br>Commissioners|||
|Fund||towards|three parish based mission projects<br>in the Diocese. The funds||
|||received|are restricted to be used on these projects.||
|RME Block Grant||A restricted<br>grant received from Ministry<br>Division to be used to meet the|||
|||costs of|ordination<br>training.||





## 

## 

|Parsonage/Benefice|The parsonage/benefice<br>property<br>fund consists of resources restricted to|The parsonage/benefice<br>property<br>fund consists of resources restricted to||
|---|---|---|---|
|Houses|provision|of benefice houses<br>in the diocese. They are represented<br>by the||
||benefice|houses or by sale proceeds offormer benefice houses.<br>Although<br>benefice||
||houses are vested<br>in the incumbents<br>for the time being ofthe beneflces concerned,|||
||the CDBF|is obliged to maintain<br>them, and to ensure that there are sufficient||
||benefice|houses for the pastoral structure ofthe diocese;<br>where a benefice house||
||is no longer required<br>then<br>it is usually transferred<br>into the unrestricted<br>corporate|||
||ownership|ofthe CDBF.||
|Elfinsward|The fund|was created by the sale of a former retreat house. )he income from the||
||fund is used to support<br>stipends,<br>communications<br>work and retreat grants.|||
|Terry's Cross|The fund|represents<br>the value ofa house, originally<br>given as a gift to the||
||diocese, to provide accommodation<br>for retired clergy and church workers.|||
|Training|This fund|has been built up by various bequests. The income<br>is used to support||
||ordination|training<br>costs and for modest discretionary<br>grants to assist ordinands|in|
||need.|||



## 

## 

|||||E|E|
|---|---|---|---|---|---|
|||||E'000|E'000|
|Other|operating leases:|||||
|Total|amount|payable|within one year|22||
|Total|amount|payable|in the second to fifth years inclusive|10||
|||||32|47|





## 

## 

## 

## 



## 

## 

## 



|Balance sheet liability at|1January|||1,628,000|4,988,000|
|---|---|---|---|---|---|
|Deficit contribution<br>paid||||-741,000|-745,000|
|Interest cost (recognised|in SoFA)|||14,000|97,000|
|Remaining<br>change to the|balance sheet liability»|(recognised|in SoFA)|-49,000|-2,712,000|
|Balance sheet liability at|31December|||832,000|1,628,000|



|||e|%0 "|C||0'1,||
|---|---|---|---|---|---|---|---|
|Discount rate|||0.2%||1.1%pa||2.1%%pa|
|Price inflation|||3.1%||2.8% pa||3.1%pa|
|Increase to total pensionable|payroll||1.6%||1.3% pa||1.6%pa|





## 

## 

## 

## 

## 



## 

## 

## 





## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

|27.PRIOR YEAR STATEM|ENT|OF FINAN|CIAL ACTIVITIES|CIAL ACTIVITIES||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Funds||Restricted|Endowment||Total Funds|Total||Funds|
||||General||Designated||Funds|Funds||2019||2018||
||||f'000||f'000||f'000|f'000||f'000|f'000|||
|Income and endowments|from|||||||||||||
|Donations||||||||||||||
|Parish share||||13,954||||||13,954|||13,556|
|Other donations||||151|||614|||815|||807|
|Charitable<br>activities||||762|||106|||868|||987|
|Other activities||||423|||33|||456|||603|
|Investments||||823|||1,359|||2 1S2|||2049|
|Other||||29|||152||4|185|||409|
|||||16,142||50|2,264||4|18,460|||18,411|
|Expenditure<br>on<br>Raising Funds<br>Charitable<br>activities||||73<br>13,002|||3S5<br>3,237|||458<br>16,360|||272<br>19,191|
|||||13,075||121|3,622|||16,818|||19,463|
|Net lnmme/(expenditure)<br>investmentgalns|before|||3,067|(|71)|~1,358|||||||
|Unrealised<br>gains on investments<br>Realised gains on investments||||16<br>321|||2,429<br>91|3,087<br>~(138||5,532<br>274|(||5,151)<br>902|
|Net gains/(losses)<br>on investments||||337|||2,520|2,949||5,806|(||4, 249)|
|Net inmme/(expenditure)||||3,404|(|71)|1,162|2,953||7,448|(||5,301)|
|Transfer between funds|||(|2,557)||54|1,839||664|||||
|Other recognised<br>gains/(losses)||||||||||||||
|Gains/(losses)<br>on revaluation||of||||||||||||
|fixed assets<br>Net movement<br>in funds||||S47|~17)||3,001|5,840||9,671|(|13,431)||
|Total funds brought forward||||4,641||6,359|19,100|246,|178|276,278||289,709||
|Total funds carried forward||||5,488||6,342|22,101|252,018||285,949||276,278||





## 

## 

## 

## 

||||Unrestricted<br>Funds|Unrestricted<br>Funds||Restricted|Endowment|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|
|||||General<br>Designated||Funds|Funds|r<br>2019||2018|
|||||E'000|f.'000|E'000|f.'000|E'000||E'000|
|Current Year|pledges|||13,999||||13,999||13,769|
|Current year|pledges—||||||||||
|attributable|to insurance||||||||||
|Transfer to Deanery reserves|||||||||||
|Shorffa)l<br>in contributions||||183||||~183|(|302)|
|||||13,816||||13,816||13,467|
|Receipts for previous year||||138||||138||89|
|Total income||||13,954||||13,954||13,556|
|nt year parish|share receipts||represent 98.796of||the total pledges (2018 —97,8N), or, when receipts||||||
|revious years|are included, 99.796|||ofthe total pledges (2018 —98.496)|||||||
|Donations|||||||||||
|||||Unrestricted|Funds|Restricted|Endowment|Total Funds|Total Funds||
|||||General<br>Designated||Funds|Funds|2019|r|2018|
|||||E'000|E'000|E'000|E'000|E'000||E'000|
|All Churches|Trust Grant|||121|50|||171||170|
|Strategic Development||Funding||||170||170||165|
|RME 8lock Grant||||||419||419||225|
|Grants from oth er|||||||||||
|organisations||||9||||||16|
|Donations||||21||25||||231|
||||||50|614||815||807|



## 



## 

|||Unrestricted|Unrestricted|Funds|Restricted|EndowmentTotal|FundsTotal|FundsTotal|Funds|
|---|---|---|---|---|---|---|---|---|---|
|||General|Designated||Funds|Funds|2019|r|2018|
|||E'000||E'000|E'000|f.'000|f.'000|E'000||
|Statutory fees for||||||||||
|parochial services|||||||||612|
|Church Commissioners'||||||||||
|guaranteed|annuities||||13||13||16|
|Parish trust|Income||||93||93||94|
|Generated|Income|83|||||83||130|
|Church Schools Training||||||||||
|IEother||119|||||119||135|
|||762|||106|||||



|||||Unrestricted|Unrestricted|Funds|Restricted|Endowment|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated||Funds|Funds|r|2019|2018|
|||||E'000||E'000|E'000|E'000||E'000|E'000|
|Rents|receivable|-|Properties|423|||33|||456|603|
|||||423|||33|||456|603|



||||Unrestricted|Unrestricted|Funds|Restricted|Endowment|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Funds|Funds|2019|r|2018|
||||E'000||E'000|E'000|E'000|f.'000||E'000|
|Dividends|receivable 5||||||||||
|interest|receivable||823|||1,102||1,925||1,765|
|Rents receivable||—Glebe||||257||257||284|
||||823|||1,359||2,182||2,049|





## 

## 

## 

||Unrestricted|Unrestricted|Funds|Restricted|Endowmentl'otal|Endowmentl'otal|Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||General|Designated||Funds|Funds|r|2019|2018|
||F.'000||E'000|F.'000|E'000||E'000|E'000|
|Otherincome|||||||||
|Gain/ (Loss) on sale of|||||||||
|property|27||||||31|402|
|||||||4|185|409|



||Unrestricted|Unrestricted|Funds|Restricted|EndowmentTotal|Funds|Total Funds|
|---|---|---|---|---|---|---|---|
||General|Designated||Funds|Funds|2019|2018|
||E'000||E'000|E'000|E'000|E'000|E'000|
|Investment<br>Manager fees|73|||74||147|133|
|Glebe repairs<br>&||||||||
|improvements||||311||311|139|
||73|||385||458|272|
|PRIOR YEAR NOTES TO ACCOUNTS|-9CHARITABLE ACTIVITIES|||||||
||Unrestricted||Funds|Restricted|EndowmentTotal|Funds|Total Funds|
||General|Designated||Funds|r<br>Funds|2019|2018|
||F.'000||E'000|F.'000|E'000|E'000|E'000|
|Contributions<br>to||||||||
|Archbishops'<br>Council||||||||
|Training for Ministry|632|||||632||
|National<br>Church||||||||
|Responsibilities|502|||||502|490|
|Grants and Provisions|54|||||54|53|
|Mission agency pension costs|7|||||7|6|
|Retired clergy housing costs|216|||||216|207|
|Pooling of ordinands||||||||
|maintenance<br>grants|38|||||38|29|
||1,449|||||1,449|1,400|





## 

## 

## 

||Unrestricted|Unrestricted|Unrestricted|Funds|Restricted Endowmentrotal|Restricted Endowmentrotal|Funds Total Funds|Funds Total Funds|
|---|---|---|---|---|---|---|---|---|
||General||Designated||Funds|Funds|r<br>2019|2018|
|||F.'000||E'000|F.'000|E'000|E'000|F.'000|
|Resourcing<br>Ministry|and||||||||
|Mission - Parish Ministry|||||||||
|Stipends<br>and national|||||||||
|Insurance||6,736|||||7,574|7,457|
|Pension contributions||1,736|||||1,736|1,695|
|Defined benefit pension|||||||||
|scheme movement|(|2,614)||||(|2,614)|64|
|Housing costs||1,570|||1,447||3,017|2,876|
|Mission<br>Fund grants||||121|||121|258|
|Removal, resettlement|&grants|231|||||231|546|
|Clergy welfare||23|||163||186|270|
|Ministry Support||229||||1|230||
|||7,911||121|2,449||10,481|13,166|
|Resourcing<br>Ministry|and||||||||
|Mission - support for Parish Minist||rl/|||||||
|Ordination<br>Training||693|||495||1,188|1,044|
|Adult<br>6 du cation||112||||8|120|128|
|Children<br>and youth work||162||||10|172|166|
|Apostolic Life||257|||||257|370|
|Common<br>Good||33|||||33|53|
|Safeguarding||229|||||229|223|
|Diocesan Advisory Committee||81|||||81|58|
|Pastoral<br>and Redundant|||||||||
|Churches<br>uses||45|||||45|37|
|Redundant<br>churches||104|||||104|93|
|Communications||108|||||108|97|
|Chaplains||||||||3|
|Mission projects (SDF)|||||117||117|222|
|Chancellor<br>& Registrar||69|||||69|54|
|Grants||88|||135||223|121|
|||1,981|||765||2,746|2,669|
|Support and Governance|||||||||
|for parish<br>ministry||812|||||812|1,018|
|||2,793|||765||3,558|3,687|





## 

## 

## 

|||Unrestricted|Unrestricted|Funds|Restricted|Endowmentyotal|Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||General|Designated||Funds|r<br>Funds|2019|2018|
|||F.'000||F.'000|F.'000|f'000|f'000|f'000|
|Resourcing|Ministry and||||||||
|Mission - Church Schools|||||||||
|Church Schools department||781|||23||||
|Support and|Governance||||||||
|for Church|Schools (note 10)||||||||
||||||||872|938|
|Total Charitable<br>activities||13,002||121|3,237||16,360|19,191|



|||Resourcing|ministry||||
|---|---|---|---|---|---|---|
|||and mission||Education|||
|||Support for||Church|Total Funds|Total Funds|
|||Ministry||Schools|2019|2018|
|||f'000||f'000|f'000|f'000|
|Support|||||||
|Central|services department||161|20|181|211|
|General|office department||275||275|278|
|Finance|department||188|24|212|284|
|ITdepartment|||140|18|158|307|
|Depreciation|||31|4|35|10|
||||795|66|861|1,090|
|Governance|||||||
|External|Audit||17|2|19|22|
||||812|68|880|1,112|





## 

## 

|||||||Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||Individuals|Institutions|2019|r|2018|
||||Number|E'000|E'000|E'000||E'000|
|From unrestricted|funds for|national|||||||
|Church responsibilities:|||||||||
|Contributions<br>to Archbishops'||Council|||1,449|1,449||1,400|
|From unrestricted|||||||||
|The Chichester<br>Diocesan Association for|||||||||
|Family Support Work|||1||36|36||36|
|Together in Sussex|||1||10|10||10|
|St Bartz Trust<br>—Youth work|||1||19|19||18|
|Clergy Training|||58|12||12|||
|C Iergy Moves|||45|231||231|||
|Other organisatons||||||11|||
||||110|243|76|319||64|
|From designated|||||||||
|PCCs for Mission projects|||14||121|121||258|
|From restricted|||||||||
|PCCs for Mission projects|||6||158|158||29|
|Clergy and families|for Welfare||86|75||75||102|
|Overseas mission|agencies||7||13|13||13|
|Ordinands<br>in training|||51|553||553||281|
|AD Care of Churches|||2|||4||7|
|Other organisatons|||||26|26|||
||||156|628|201|829||432|
|Totals|||286|871|1,847|2,718||2,154|





## 

## 

## 

## 



## 

## 

## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E'000|E'000|
|CBF Church of|England|Investment<br>Fund income|shares||14,530|13,717|
|CBFChurch of|England|Investment<br>Fund accumulation||shares|225|204|
|CBFChurch of|England|Fixed Interest Securities|Fund shares||1,829|1,794|
|CBFChurch of|England|Property<br>Fund shares|||246|259|
|CBFChurch of|England|UK Equity Shares|||11|11|
|CBF Church of|England|Global Equity Shares|||162|145|
|Other common|investment<br>fund holdings||||1,368|1,861|
|Direct holdings|in UK|equities|||238|363|
|CBF Church of|England|Deposit Fund|||2,584|1,742|
|Cash at bank|||||134|143|
|Total assets held as custodian<br>trustee|||||21,327|20,239|