Charity Number: 280315 THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BYSEA TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY-SEA LEGAL & ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees Edward Downes Rev Dominic Fenton IAppointed 10 March 20251 Sarah Harrison IAppointed 15 July 20251 Charity number 280315 Principal address and reglstered office St Mary De Haura Parish office l New Road Shoreham-By-Sea BN43 6RA Independent Examiners TCGroup The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN Bankers HSBC Bank PLC 113 Warwick St Worthing BNII 3DE
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY-SEA CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Pa8e Trustèes, report Ststement of trustees, responsibilities Independent examinerfs report Statemènt of financlal activities Balance Sheet Notes to the accounts 9-14
THE FRIENDS OF ST MARY'S CHURCH SHoREHAM-BYEA TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their annual report, together with the financlal statement5 for The Friends of St Marfs Churchfortheyearended 31 December2025. Alms and Purpose5 a5 a Charity The Friends of St Mary'5 is a registered charltable trust, governed, administered and determined by the Trust Deed of April 1981.lts purpose is to carry out fundraising In orderto assist with the funding of works associated with the maintenance and ongolng restoration to our Grade I listed churth. Objectives and A¢tlvities In setting the objectives The Trustees have complied with the duty in sertion 4 of the Charities Act 2011 to have had due regard to the Chartty Commission'5 guidance on publSc benefil. The main activities undertaken by the charlty to further its charitable purpose for public benefit in 2025 were- providing for necessary maintenance and Yepair5 to the fabric of the church. engaging in fundraising activities to provide funds forthis core charitable purpose. Malntenance and RepalTS The Friends of St Marfs have continued to financialty support the Parochlal Church Council IPCQ by covering all malntenance costs for the church In addition to any repairs needed. No malor work5 took place duriNd 2025, and all regular annual maintenance was done. Repairs were identified as needed to the church clock and Cumbria Clocks havethe work In hand. Thecost of approximatety £1290 plus VAT will be met by the Frlends. The Burlal Ground Management System now fomis part of the Eco Church Worklng Partytr atK] work contlnues on maintaining and updating the important information held by the system. The PCC is responsible forthe maintenance ofthe Medieval Rulned Nave, a scheduled ancient monument.
THE FRIENDS OF ST MARYS CHURCH SHOREHAM-BY-SEA TRUSTEES, ANNUAL REPORT (CONTINUED! FOR THE YEAR ENDED 31 DECEMBER 2025 Social and Community Events The year was busy and produttlve, and the work invofved was worthwhile. We held a popular quiz night wfth a fish and chip supper in April and in May the Friends helped to host a Eroup of vtsitors from Broadstairs, Kent. The Arts Festlval In June filled the church with a variety of exhibits from lotal artlsts based on the theme of Peace andjoy. Volunteers helped with stewarding throughoutthe two weeks and Friends memorabilia and artists, cards and artwork were 501d t9 Vlsitors. Throughout the sprin& surnmer and early autumn free church tours were on offer to Broups from the public and the congregation. These were well attended and appreciated by those who took part. We had two Heritage Lectures which were based on the themé of the Arts Festlval and two people took part In Ride and Stride in September with sponsorshlp from the congregation. An outing to Westmlnstor Abbey was organi5ed in October and the group travelled by coach to London where we were able to explore parts of the building, and appreciate the superb music. the architetture and beautiful stained glass up close. The Christmas Tree Festlval was very successful. Itattracted thlrty-three local businesse5 and or8anisatlons who each displayed a tree illustrating the nature of thelr work. Lwe music, a mountaln of cake and an extensThie raffle brought In over a thousand visitors to the church. Overall, it was a busy and enjoyable year for the Friends. We ralsed money to help maintain the church buildin& enrolled new members and extended our links with the community. Finance Expenditure The largest expenditure in 2025 wasforthe new replacement boller at a c05t of £35,586. Other expenditure included Organ maintenance £1,449, Lighting £1.280, General repairs £3,502 and £1.440 for Auditfees. Income Subscriptions of just under £2,5, Donations of £2.951, General Sales at Farmers, market days, Wall Box receipts and Friends attivities raised a total of £7,503. The Arts Festlval and Christmas Tree festival raised £6,663, Ride and Stride £410 and Church Tours £212. Claims were made to reclaim VAT of £6,379 under the Llsted Places of Worship Grant Scheme {LPWI and Gift Aid of £596 however these were not paid until January2026. It should be rK)ted that the Government is withdrawing the LPW scheme which comes to an end in April 2026 and from that date we will have to pay an extra 20% VAT on all our InvolS.
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY-SEA TRUSTEES, ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Reserves Policy The unrestricled funds are expendable at the discretion of the Trustees and the reserves poliLy was amended in 2019 to reflect the call on funds to be transferred to the PCC to progre55 the redevelopment inf(ially of the church. and subsequently of the hall premises. In the Ilght of these clrcumstances the Trustees agreed that there should be a reduction in the contingency funds to £20,C(Kl wlthin the reseNes to meet any essential maintenance that may arlse, Free reserves totalled £120.611 at 31 December 2025 12024: £133,116>. Strurturej 8o¥ernanee and management ofthe charlty The Trustees as set out in the Trnst Deed are the Vicar and Churchwardens of the Parish Church of St Mary de Haura New Shoreham, who are responslble to the PCC. The Trustees in 2025 were the Reverend Dominit Fenton, Churchwardens Sardh Harrlson and Edward Downes. The Trustee5 have powers to appoit)t the following offlcials: Treasurer. Setretary. Chairman of the Friends Committee. Any other officials that the Trustee5 may consider to be Important in support of the work of the Trust. The Treasurer of the Friends Is Mr Phil Cromplon and the Secretary is Mrs Jayne Crompton. Together with the Trustees and other members of the Friends Committee they meet on a regular basss. The Committee Is elected from the membershlp of the members at the Annual General meeting of the Friends of St Mary's. Legislation determinin8 the congtftullon and workin8s of the Frienits: The Incumbents and Churchwardens Trust's Measure of 1964 The Parochial Church Council's (Powers) measu 1956. The Vlcar and Churchwardens report at each meeting of the PCC on the Fabric, any works that should be agreed, the Friends being asked to meet the costs invofved dependent of the strte of the finances of the Friends. The PCC bs the employer and party to any contratts which may be formulated. The Friends will If possible and should circumstances allow, assist wlth the funding of works associated wf£h the maintenance and ongoing restoratbn to our Grade I listed church.
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY4EA TRUSTEES. ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees-Ex Officlo. Reverend Dominic Fenton Mr Edward Downes Mrs Sarah Harrison Vicar, Trustee and Chair of the Committee Churchwarden and Trustee ChLtrchwarden and Trustee Executive Offiters: Mr Philip Crompton Mr5 Jayne Crompton Treasurer Secretary Elected member: Mr lan Tompkln Mrs Sarah Hadwen This Trustee's Annual Report was approved bythe Trustees and slgned on their behalf by Reverend Dominic Fenton and Edward Downes. Edward Downes Dated 20 Reverend Domlnic Fenton ._
THE FRIENDS OF ST MARY'S CHURCH SHoREHAM-BYEA STATEMENT OF TRUSTEES, RESPONSIBILITIES TO THE TRUSTEES OF THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY- SEA The trusteeslexecutNe committee are required by law of England and Wa$ to prepare flnancial statements for each financial yearwhich give a true and fair view of the Charit¢s financial activities during the year and the financial position at the end of the year. In preparlng these financial statements, the Trustees are required to: select suitable accounting pollcles and then apply them consistently: observe the methods and prlnciple5 in the Charities SORP- make judgements and estimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,- and prepare the accounts on the going concern ba515 unless Tt is Inappropriate to presume that the charity will continue Sn operation. The Trustèes/Exe¢utNe Committee are SponsIble for keeping accounting records which disck)5e with reasonable accuraLry at any time, the financial position of the chartty and to enable them to ensure that the financial statements comply wfth the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence taklng reasonable steps for the prevention and detection of fraud and other irregularities.
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY4EA INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY-SEA I report to the trustees on my examination of the accounts of The Friends of St Marls Church Shoreham- by-sea for the year ended 31 December 2025. Responsibllltles and basis af report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 20111'the ACYI. I report In respecl of my examination of the Trust's accounts carrled out under sectlon 145 of the 2011 Alt and in carrying out my examination I have followed 811 the applicable Directions glven by the Chèr Commission under Section 14515llbl of the Act. Independent examiner's ststement I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination givlng me cause to believe that in any material respect: accounting record5 were not kept in respect of the Tw5t as required by section 130 of the Art: or the accounts do not accord wtth those records; or 3. the actounts do not comply with the applicable requirements concerning the form and content of accounts set out_in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examlnation. I have no concerns and have come across no other matters in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M•rk Cummlns FCCA FCIE lor and on behalf of TC Group The Courtyard ShohaM Road Upper Beeding Steyning West Susgex 8N44 3TN Dated:
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY-SEA STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025 Notes Unresirirted Restrlrted funds funds 2025 2025 Totsl funds 2025 Total Funds 2024 Income and endowments from: Donation5 and legacies Othertrading activities Investments 15.040 14,632 4.510 23,040 14.632 4,510 l(KJ,199 16,668 2.388 Totsl income 34,182 42,182 119,255 Expenditure on: Charitable attivities Fundraising and festival costs Other expendrture 43,257 2,689 741 43.257 2,689 741 55,257 3.081 660 Total expendlture 46.687 46,687 58,998 Net profrtllloss) and movement In funds 8,0 {12,505) {4,505) 60,257 Re¢ondll•tlon of funds: Total funds brought fonmard 14 133,116 133,116 72.859 Total funds carrled forward 120,611 128,611 133,116 All activlties are classed as continuing. The notes on pages 9 to 14 form part of these accounts.
THE FRIENDS OF ST MARYS CHURCH SHOREHAM-BY4EA BALANCE SHEET AS A T 31 DECEMBER 2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 6,975 122,956 2,974 131,342 129,931 134,316 CreditfKs: amounts fallln8 the wEthln one year io (1,3201 11,2001 Nel Current assets 128,611 133.116 Total assets les5 current Ilabllltles 128,611 133.116 Net assets 128.611 133.116 The fund5 of the charlty Unrestrlcted funds Restrirted furtds 15 14 120,611 8,000 133.116 Total charity funds 128.611 133,116 The accounts were approved by the Trustees on. Edward Dowries- thur¢hwarden Charity number: 280315
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BYSEA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Legal Ststus The Charity is an unSncorporated charitable trust registered In England ènd Wales, further detai15 can be found on the front cover of these accounts. Attounting pollcles 2.1 Accountlng convention The financial statements have been prepared under the Charities Art 2011 in accordance wlth applicable accounting standards and the current 120191 StatemeM Of Recommended Practice, Accountin8 and Reportin8 by Charities SORP IFRS 1021. The charity meets the definition of a public benefrt entity under FRS 102. There are no material uncertainties abctthe charlty's abllity to continue as a golng concern. The financial statements have been prepared under the historlcal cost convention. The financial ststements Include all tran5adion5. assets and Ilabllities. The functional currency of the church Is p)und5 5terlin8. Items in the atcounts are rounded to the nearest pound. 2.2 Funds accounting Funds held by the Trust are: Unrestricted funds- general fvnd5 whlch can be used for ordinary purp05e5. Restritted funds - comprise monies raised for. and their use restricted to, a specffic purpose, or donation5 subject to conditlons imposed by the donor orthrough the terms of an appeal. 2.3 Infome All incorne is accounted for without deduction for any costs of receivabiltty, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably. Donations and legacies Donations are recogni5ed when there is evldence of entitlement, recelpt Is probable. and the amount accord5 Wlth the Gtft Aid declaration or other record of intention to donate. Gift aid recovered is recogni5ed when the income to which it 15 attached is recOgned. Grants and legacies are recognised when the fom)al offer in writing of the fundin& Is received by the PCC and the charlty becomes entitled to the income. Other triding atdvltles Tradin8 activities are where income Is receivable in return for selling goods or providin8 seNlces. Income from trading i% recognised as entitlement of the funds are transferred to the charity, Irrespective of date of receipt Investment Income Interest entitlements are accounted for as they accrue.
THE FRIENDS OF ST MARYS CHURCH SHOREHAM-BY4EA NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 counting Pollcles 2.4 Expenditure Expenditure Is accounted for on an accruals basis and accounted for gr055 of VAT. lcontinuedl 2.5 Debtors Amounts owing to the charity at 31 December are shown as debtors less provision for amounts that may prove uncollectible. 2.6 Cash Flow Statement In accordance with Section 7 of FRS 102 the charity is claimSn8 exemption from the requirement to prepare a cash flow statement on account of Its slze. 2.7 Cxh at bank and In hand Cash at bank and in hand includes cash and short term highly Ilquid investments. The Trustees seek to use short term deposits where possible to maximSse the return on monies held at the bank and to manage cash flow. 2.8 Creditsrs and provlsions Creditor5 and provisions are recognised where the charty ha5 a present obli8atlon resulting from past event that will probably result in the transfer of funds to a third party and the amount due to settle the oblBation can be measured or estimated reliably. 2.9 Trustee remuneration All the trustees donate their time spent running the charity on a voluntary basis and do not recefve any remuneration for their work. 2.10 Estimates and dgemertts Estimates and underlying assumptions are reviewed by trustees on an or7golng basis. Revi5ion5 to accounting estimates are recognised in the period in which the estlmate is revised. The trustees do not consider that there are any critlcal estimates or areas of judgement that need to be brought to the attention of the readers of the financial statements. io
THE FRIENDS OF ST MARY'S CHURCH SHoREHAM-BYEA NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Comparatfve Funds Statement of Flnanclal Actmties forthe year ended 31 December 2024 Total Funds 2024 Income and endowments from: Donations and legacies other trading activlties Investments 100,199 16.668 2,388 Total Income 119.255 Expenditure on: Charitable activities Fundraising Other expendSture 55,257 3,081 66D Total expenditure 58.998 Net movement in funds 60,257 Reconclllation of funds: Total funds brought forward 72,859 Totsl funds carried fon¥ard 133.116 li
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY4EA NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Anal¥sls ot income and endowments: Restricled Unrestricted Totsl Total 2025 2025 2025 2024 Donations 15.040 23,040 Ic,119 Donatlon5 and legacies 15,040 23,040 I,119 Festlval income 2,573 12,059 l573 12,OS9 2,319 14,349 Other Other trading activlties 14.362 14.632 16,668 Interest receivable 4,510 4.510 2,388 Investmerrts 4,510 4.slo 2.388 Total income 34,182 42,182 119,255 Analysi5 of expendlture on: Restrfrted Unrestricted 2025 2025 Total 2025 Total 2024 Architect fees 1,307 52,750 1,200 Repairs and maintenance Support costs (note 71 41,817 41,817 1,440 Charttsble artivities 43.257 43,257 55,257 Festival cost5 Fundralsing activities 1,053 1,636 1.053 1.636 1,164 1,917 Fundralsln8 and festlval Costs 2,689 2.689 3,081 Other 741 741 660 Other expendlture 741 741 660 Total expenditure 46,687 46.687 58,998 12
THE FRIENDS OF ST MARYS CHURCH SHOREHAM-BY4EA NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 stsff costs No staff were employed by the charity during the current or prior year. Support costs Ilncludlng Govemance costs) Total 2025 Totsl 2024 Independent examlnation 1,200 1,200 Trustees: Trustees did not receive any remuneratlon for their role a5 trustee, or any expenditure reimbursements during 2025 or 2024 Debtors Totsl 2025 Total 2024 PCC Hymn book loan LPWVATaaim Gift Aid 2,974 6.375 596 6.971 2,974 10 Credltors.. amounts fallin8 due withln one year Total 2025 Total 2024 Accruals 1,320 1,200 1,320 1.200 11 Control The charity is under the control of the Trustee5. 12 Tax*lon As a charity, The Friends of St Mary's Church Shoreham by Sea is exempt from tax on income and gains to the extent that these are applied to its charitable object5. 13 Related party transactions There were no related party transactions in 2025 or 2024. 13
THE FRIENDS OF ST MARY'S CHURCH SHOREHAM-BY4EA NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Restrlrted funds 2025 Balance at I January 2025 Balance at 31 December 2025 In¢¢me Expenditure Restricted funds Vicar Fund Vicarfund- in the year donations were made to be used at the vicarfs discretion. 15 Analysi5 of net assets between funds 2025 Restrlrted funds Unrestrlrted funds Total funds Crnt assets Current liabillty 8,000 121,931 11,3201 129,931 {1,3201 8,000 120,611 128,611 14