REGISTERED CHARI NUMBER". 250184 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR HOVE PARISH CHURCH HALL IIIALLI MEMORIAL) Dominic Hill Associates Limited Archer House Brilland Eslale Northbourne Road Eastbourne BN22 8PW
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Tru8te08 Indepondent Examiner'• Report Statement of Flnanclal Actlvllle8 Balan¢• Sheet Note8 to the Flnanclal Statefflent• 6 10 11 Detailed Statemont of Flnan¢lo1 A¢tlvlll8• 12
HOVE PARISH CHURCH HALL IRALLI MEMORIALI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The Iruslees present their report with the financial statements of the Charity for the year ended 31 December 2024. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 20191. OBJECTIVES AND ACTIVITIES The primary objective of the Charity is lo promote the mission of the Church through pastoral, evangelistic, social and ecumenical activities including the provision of space and the letting ol facilities lo local organisalions. ACHIEVEMENT AND PERFORMANCE Review of the year The Parish Hall was very well used again in 2024. However due to closures due lo maintenance issues income was slightly down on the previous year. Regular hirers in¢lude Tumble Tot$. Schooling for Dogs. child and adult ballet classes, Amity retirement group, the Young A¢lors group, The 1 sl Hove Seoul Group and baby sensory classes. In addition. the Hall was hired by the Council as a Polling station at the 2024 General Election. The hall also hosted regular activities lo support refugees living in Hove, including weekly Sanctuary sessions (hosted in partnership with the NeOrk of International Women) and weekly drop-in sessions lor Ukrainian refugees. These activities became a vital part of council-funded services for refugees in our city and enabled All Saints lo use our buildings lo support some of the most vulnerable people in our Gommunity, The Parish Room continues lo be well used, hosting 11 Anonymous groups per week (including Alcoholics Anonymous, Narcotics Anonymous and others) logelh8r with other community groups. Providing this space at an affordable rent helps these cruclal groups lo continue lo meet. Meanwhile, our Parish Kitchen was regularly used by the Choir With No Name lo feed 30-40 people who have experienced homelessness each week, as well as regular cook and eat sessions for refugees. Again, our cornmunily facilities were impacted by high maintenance and repair costs which meant that we ended the year with a Small deficil. A new boiler and waler healer were installed during the year. FINANCIAL REVIEW Flnanclal revlew 1. The totsl receipts from lettings were £S3,076 {2023 £54,2781 whkh is conslslent wrth last year. 2. Overall expenditure decreased lo £58,571 12023 £58,774) This has remained relatively stabl8 as the majority of the expenditure consists of management Charges paid by the Church Hall lo the PCC. 3. The PCC notes that per the Trust Deed the funds of the Hall are unreslricled and can be used for any ecclesiastical purpose as the PCC decides. At this time the PCC Is carefully reviewing ils investment slr81egy and finance structure for 2025. 4. There are no investment5 held due lo the account being c105ed in 2023. Reseryos pollcy 1115 PCC policy lo manage the Hall finances so that the building is self-financing and is nol a drain on the main PCC funds. The PCC continues lo monitor the Hall reserves lo maintain a level suGh that this policy is not undermined. STRUCTURE. GOVERNANce AND MANAGEMENT Gov6rnlng documont The charity is controlled by ils governing document, a deed of trust and constitutes an unincorporated charity. Page 1
HOVE PARISH CHURCH HALL IRALLI MEMORIAL} REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Organisational structure During the year the following served as members of the Parochial Church Council.. The Revd. Calnona Cumming (Appointed 11th June 20241 Vicar.. Church Wardens". Ann Joyce Peter Millar Representatives at Deanery Synod.. Luke Evans Tanya Palmer Elected Members.. Sue Atkins (Appointed 19th May 20241 Jon Crane (Resigned 12th November 20241 Sarah Cromplon (Resigned 1 9th May 20241 Alice Harrison Leslie Holland IAppoinled 19th May 20241 Tony Mollett land Treasurerl Rebecca Owers (Co-opted 10th September 20241 Matthew 8arrett land Secretary) Membership of the PCC is determined under the Church Representation Rules and consis15 01 certain ex-officio members, being the vicar, the Qhurohwardens and members of the Deanery Synod". and 3 members of the church who are elected at the Annual Parochial Church Meeting IAPCMI. The PCC has co-opted 1 m8mber and members are warmly encouraged lo sland for e18clion. REFERENCE AND ADMINISTRATIVE DETAILS Reglstèred Charlty numbor 250184 Prlnclpal iddre•• All Saints Hove Wilbury Road Hove BN3 3PB Trusl•e8 Independent examlner Dominic Hill Asso¢iales Limited Archer House Brilland Estate Northbourne Road Eastbourne BN22 8PW Approved by order of the board of Iruslees ori 14. ... Ilp, l£Jl and signed on ils behalf by.. Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOVE PARISH CHURCH HALL (RALLI MEMORIAL) Independent examlner's report to the trustees of Hove Parlsh Church Hall (Ralli Memorial) I report lo the charity Iruslees on my examination of the accounts of Hove Parish Church Hall IRalll Memori811 Ilhe Trust) for the year ended 31 December 2024. Responslbilltio9 and basls ol report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.lhe Act,). I report in respect of my examination of the Trusys auounls carried out under Section 145 of the Act and in carrying out my exarnination I have followed all applicable Directions given by the Charity Commission undei Section 1451511bl of the Act. Independent examlTrer'¥ stoternent I have completed my examination. I confirm that no material mallers have come to my allenlion in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act," or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and conlenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a maller considered as part of an independent examination. I have no concerns and have come aoross no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding ol the accounts lo be reached. Mr Peter D Hill FCA Domlnic Hill Associates Llmited Archer House Brilland Estate Northt)ourne Road Easlbourne BN22 8PW Dale.. Page 3
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unr851riGted Restricted lund fund Notes INCOME ANO ENDOWMENTS FROM Charltable actlvltles Charitable activities 53,076 63,076 54,728 Other trading activities Investment income 60 Total 53.078 53,078 54.797 EXPENDITURE ON Charltablfr actlvltlos Charitable activities 58,371 200 58,571 58,774 NET INCOMEIIEXPENDITUREI 18,293) {200) 15,493) 13.9771 RECONCILIATION OF FUND8 Total funds brought forward 6,617 95,846 101,463 105,440 TOTAL FUNDS CARRIED FORWARD 324 95,646 95,970 101,463 The notes form part of these financial statements Paoe 4
HOVE PARISH CHURCH HALL {RALLI MEMORIAL) BALANCE SHEET 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unreslricled fund Restricted fund Notes FIXED ASSETS Tangible assets 6,791 95,646 101,437 95,846 CURRENT ASSETS Debtors Cash at bank 1,977 1,306 1,977 1,306 2,763 6,331 3,283 3,283 9.094 CREDITORS Amounts falling due within one year 18.7501 18,7501 13,4771 NET CURRENT ASSETS {5,4671 (5,467) 5,617 TOTAL ASSETS LESS CURRENT LIABILITIES 324 95,846 95,970 101.463 NET ASSETS 324 95,646 95,970 101,463 FUNDS Unre51ricled funds Restricled funds 10 324 95,646 5,617 95.846 TOTAL FUNDS 95,970 101.463 The financial statements were approved by the Board of Trustees and authorised for issue on 16 Fika...l4a'kb... and were signed on its behalf by Trusteè The notes form part of these financial statements Paqe 5
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of pr8paring the financial statements The financial statements of the charity, which Is a public benefit entity under FRS 102, have been pr8pared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Slandaré applicable in the UK and Republic of Ireland IFRS 102) leffective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the hislorieal cost convention. Income All income is recognised in the S131ement of Financial Activities once the charity has enlitlemenl to the funds, it is probable that the Income will be received and the amount can be measured reliably. Expenditurn Liabilities are recognised as expenditure a$ soon as there is a legal or constructive obligation committing the charity lo that expenditure, il is probable that a transfer of economic benefits will b8 required in Settment and the amount of the obligation can be measured reliably. Expenditure is a¢¢ounted lor on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs ¢annol be directly allribuled lo partlcular headings they have been allocated to activities on a basis ¢onsislent with the use of resources Tangible fixed assets Depreciation is provided on the leasehold on 8 straight line basis over 50 years. Depreciallon is provided on the fixlures and fillings on a slraighl line basis over 4 years. Taxatlon The charity is exempl from lax on ils charitable activities. Fund accountlng Unreslricled funds can be used in accordance with th& charitable objectives al the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of thè charty. R8slriclions arise when specified by the donor or when funds are raised fr>r particular $trICted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slatemenls. OTHER TRADING ACTIVITIES 2024 2023 Other receipts Page 6 continued...
HOVE PARISH CHURCH HALL IRALLI MEMORIAL} NOTES TO THE FINANCIAL STATEMENTS - continu•d FOR THE YEAR ENDED 31 DECEMBER 2024 INVESTMENT INCOME 2024 2023 Bank & CBF deposrt interest 60 TRUSTEES. REMUNERATION AND BENEFITS Ttte were no Iruslees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Tru8tees' expen8e8 There were no trustees. expenses paid for th8 yèar 8nded 31 December 2024 nor ft)r the year ended 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total lunds INCOME AND ENDOWMENTS FROM Charltable a¢tlvltl Charitable activities 54,728 54,728 Other trading acllvilles Investment income 60 60 Total 54,797 54,797 EXPENDITURE ON Charltablo a¢tlvltl•8 Charitable activitie5 58,574 200 58,774 NET INCOMEI{EXPENDITUREI Translgrs between fund8 13.777} 200 12001 12001 13.977 Net movement In funds 13,5771 14001 13,9771 RECONCILIATION OF FUNDS Total funds brought forward 9,194 96,246 105.440 TOTAL FUNDS CARRIED FORWARD 5,617 95.846 101,463 Page 7 continued...
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Long leasehold Totals COST At 1 January 2024 Additions 90,446 10,000 100,446 7,722 7,722 Al 310ecembeT 2024 90.446 10,000 7,722 108.168 DEPRECIATION At 1 January 2024 Charge for year 4,600 200 4,600 2,131 1,931 At 31 December 2024 4,800 1,931 ,731 NET BOOK VALUE Al 31 Oecember 2024 90,446 5,200 5,791 101,437 At 31 December 2023 90.446 5,400 95,846 DEBTORS." AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade d8blors Other debtors Prepayments 918 939 120 542 979 1,242 1,977 2,763 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors other creditors 380 8,370 1,591 1,886 8.750 3,477 LOANS An anatysls of the maturity of loans is gwen below.. 2024 2023 Amounts falling due within one year on demand.. other loans S,OlXI Page 8 conlinued..-
HOVE PARISH CHURCH HALL IRALLI MEMORIALI NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 10. MOVEMENT IN FUNDS Nel movement in funds Al 31.12,24 Al 1.1.24 Unrestrlcted funds General fund 5,617 (5,293 324 RtrIcted funds Propety fund 95,846 12001 95,646 TOTAL FUNDS 101,463 (5,493) 95,970 Nel movemenl in funds, inclutjed in the 8bove are as follows.. Incoming resources Resources expended Movement in funds Unre8trl¢t•d fund8 General fund 63,078 158,3711 15,293) R•$trl¢tgd fundj Property fund 1200) 12001 TOTAL FUNDS 53,078 158,571 15.4931 ComparatIv for mov•m•nt In fvnd8 Net movement in funds Transfeis beeen funds Al 31.12.23 At1.1.23 Unrngtrlcted fund• General fund 9,194 13.7771 200 5,617 Ro8trlcted funds Property fund 96,246 12001 12001 95,846 TOTAL FUNDS 105,440 {3,9771 101,463 Page 9 continued...
HOVE PARISH CHURCH HALL IRALLI MEMORIAL} NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 10. MOVEMENT IN FUNDS - continuod Comparative nel movement in funds, induded in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 54,797 (58,5741 13,7771 Restrlct•d fund8 Property fund {200} (2001 TOTAL FUNDS 54,797 158,7741 13,9771 A current year 12 months and prior year 12 months combined positson is as follows.. Nel movement in funds Transfers been funds At 31.12,24 Al 1.1.23 Unroslrf¢ted fund8 General fund 9,194 19,0701 200 324 Re8trlcted fund¥ Property fund 96,246 14001 12001 95,646 TOTAL FUNDS 105.440 19.4701 95,970 A current year 12 months and prior year 12 months combined n81 movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unmtrlctod funds General fund 107,875 1116.945) 19,0701 Re8trfcted funds Propety fund 14001 14001 TOTAL FUNDS 107,875 {117,3451 {9,4701 Page 10 continued..
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 11. RELATED PARTY DISCLOSURES The PCC 18 the managing trustee of the Ralli Memorial Trust which owns the Church Hall. As managing Iruslee, the PCC appoints the Hall Committee. The accounts for the trust are ppad separately and $ubmrtted to Ihe Charity Commission. A management Gharge of £36,000 was paid by the Church Hall to the PCC, shown In management fees12023'. £36,000) Page11
HOVE PARISH CHURCH HALL IRALLI MEMORIAL) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS other trading activltles Other receipt5 Invostment in¢orne Bank & CBF deposit interest 60 Charltablo actlvltles Hall lettings Parish room lettings 37,277 16,799 42,029 12,699 53,076 54,728 Total Incomlng mourco1 53,078 54.797 EXPENDITURE Charltable actlvltles Church hall running costs Church hall maintenance Long leasehold Fixtures and fillings 47,858 7,760 200 1,931 48.197 9,52Q 200 57,747 57,917 Support colts Governance c08ts Accountancy and legal 1&8s 824 857 Total resources expended 58,S71 58,774 Net axpondltur {5,493) 13,9771 This page does not form part of the statutory financial slatements Page 12