CHURCHES of ST. MARY and ST. FRANCIS

ANNUAL REPORT and FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL

for the year ended 31st December 2016

CONTENTS

Annual report Pages 1 to 6

Report of the Independent Examiner Page 7

Statement of Financial Activities (SOFA) Page 8

Balance Sheet Page 9

Notes to the Financial Statements Pages 10 to 14

THE INCUMBENT The Rev'd J. Hollingsworth The Rectory, 1 The Grange Barcombe, , BN8 5AT

PRIMARY BANKERS The PCC banks primarily with :- CAF BANK Limited Kings Hill, West Malling, Kent, ME19 4TA.

INDEPENDENT EXAMINER The independent examiner is :- K. M. Thrift FCIE Independent Examiners Ltd., Sovereign Centre, Poplars Yapton Lane, WALBERTON, BN18 0AS.

CHARITY COMMISSION REGISTRATION The Parochial Church Council is a registered charity, No. 1159084. BARCOMBE PAROCHIAL CHURCH COUNCIL

ANNUAL REPORT FOR 2016

Aims and purposes (what we are here for)

Whilst continuing with the day-in-day-out work of the church here in Barcombe, over recent years the PCC has established and developed a clear list of priorities, called the Mission Action Plan, or MAP for short. Our aims, according to the doctrines and practices of the Church of , are to: • worship God and proclaim His Gospel through the power of the Holy Spirit • grow in listening to God and in prayer • reaching out to the wider community • support and educate the young in the Christian faith • continue to develop the Mission Action Plan for the parish. The MAP also covers such priorities as Teaching and House Groups, of which more below.

How do we achieve these aims?

Worship

In 2016 we have seen considerable developments in the relationship with Newick Parish. Our rector, James Hollingsworth, is now also Priest in Charge at Newick and our curate, Paul Mundy, Curate in Charge. Paul has moved into the rectory at Newick and his focus is there, while James remains primarily concerned with Barcombe. Regular joint services are held, alternating in each parish on the fifth Sunday – where there is one. On the third Sunday of each month, Paul and James also take the services in their opposite parish. The average weekly attendance, counted during the month of October, was 108. On Easter Day, 181 came to worship (last year 158). At Christmas the services were well attended, 116 at Christingle and 168 at the Candlelight carols with mulled wine and mince pies after, which most of the congregation stayed on to enjoy. The nativity on Christmas Eve was very well supported with children dressing in suitable character costumes, the number attending this year jumped from 115 to 204. Attendance on Christmas Day was 173 (last year 240). These occasions extend far beyond those on the electoral roll. 103 people were named on the Electoral roll on 31st December 2016. At Easter there was a Sunrise service (6.30am) followed by breakfast and a Songs of Praise in May was followed by a cream tea.

The normal Sunday 10am service averages 70 people including children; this is down from last year (83), but this does not include the Matins service, 8am Eucharist and Evensong services. We continued a midweek communion on Wednesday mornings in St Francis, which is appreciated by older members and those living in the centre of the village; the average attendance is 13.

The PCC warmly thanks the sides-people for welcoming, directing and even counting worshippers.

Prayer

A new style of monthly prayer meeting called ‘Inspire’ has been developed over the past year, which has engaged more people in communal prayer and helped to strengthen the prayer life of the church. Each month takes a different theme and different members of the congregation take responsibility for the evening. Chris Lear led a Spirituality Day looking at different approaches to prayer. Gillie Warren led two quiet days which were appreciated by those who attended. James led a study day looking at Luke’s Passion Narrative. Heather Shepheard organised a ‘Thy Kingdom Come’ prayer breakfast following the call of the Archbishop of Canterbury to ten days of prayer in the days up to Pentecost.

Reaching out to the community

St Francis’ church, located as it is in the centre of the village, is used by the church and particularly by the wider community; this is a valuable resource which we are hoping to develop and use more in the coming year. Pub Carols – The year started and ended with Pub Carols in the Royal Oak, much enjoyed by a wide section of the village.

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British Legion – The Royal British Legion Women’s Section celebrated 75 years at a special service at St Mary’s and they paraded their standard on Remembrance Sunday. Community Lunch – Once a month, a lunch is held in St Francis, which is provided by a team of volunteers. This provides a chance for some of our rather house-bound senior citizens to get out of the house and enjoy the company. Those who attend and those who provide are mostly from Barcombe but mostly from outside the church family. Monday Group – also on a monthly basis Pam Cottingham organises a club with exercises, crafts and talks for older people in the village, which provides a meeting place with an opportunity for tea and chat. FYG – the youth group continues meeting in St Francis fortnightly on Fridays thanks to Steff Andrews. Off-the-Bus – a monthly outreach on a Friday afternoon provides free cake and hot chocolate to secondary school children as they get off their school bus to head home. Since Wi-Fi has been introduced at St Francis, some stay a little longer! Samara’s Aid – in October, with Rev Lucy Hollingsworth co-ordinating also and Newick, Barcombe received an enormous amount of clothing in St Francis to give to Samara’s Aid. This was sorted and folded into banana boxes and taken in three estates and a trailer to the warehouse to be sent off to Syria. Two coffee mornings were run in September and November in aid of Macmillan Cancer Support (registered charity 261017). These were well supported both by the church and the wider community and raised over £650 from the sale of coffee and cakes. St Francis and the Conker Room are both used regularly and provide facilities for different activities for local people and organisations, including seminars, a fitness group and musical recording. Men’s Breakfast – Nigel Hill organised a Men’s Breakfast with Retired Admiral Sir Peter Woodhead as speaker. About 40 came to St Francis for this. He spoke of his experience in the Navy, the Falklands and as a Prison Governor. Village Fete – this year celebrated the Queen’s 90th birthday. The church helped to man the Bouncy Castle and handed out 300 copies of The Servant Queen booklet. Charity Concert – Police Choir gave a concert in December in aid of Bevern View in St Mary’s. Christmas Fair – The Christmas Fair organised by John Simpson, Amanda Hill and Bridget Cross was a huge success and raised a record amount of money for the church fabric fund. During the year there were nine funerals (2015 – seven), one wedding (2015 - six) and three baptisms (2015 - seven). At the end of the year the Rector stood down from the Diocesan Advisory Committee (5 years) and also from being an Archdeaconry Warden of Readers (7 years). He continues to be Assistant Rural Dean, a wedding Surrogate, and chair of St Bartz Trust and has now been elected to General Synod.

The Young

Primary School aged children are taught and encouraged through the Sunday groups which are available on three out of four Sundays each month. Holiday Club was held over three days in August, and attracted 59 different primary-aged children, averaging 39 daily, with fifteen teenage helpers. Secondary School aged children are encouraged to join Deeper (the youth group) which is run jointly with Newick and meets at the rectory on Sunday evenings through the year. A range of guests came to talk on different topics, for example: Annaliese Wells (exam stress), Sarah Wheatley (on grief), Mim Austin (on genes and choice), Rev Jules Middleton (on vocation), and Stephen Woodward (on being a social worker). Some of the Deeper group went to the Diocesan Youth gathering (May Camp) at Plumpton again. Barcombe Primary School: The Rector has been Chair of Governors for this year, but will finish in September 2017. Barcombe School, having had an ‘Outstanding’ result in their Ofsted, was given a SIAMs inspection in 2016 and got ‘Outstanding’ in that category too, a notable achievement. The school entered into collaboration with the Community Schools of and Plumpton and over the year this has become an exploration into formal federation which may happen in 2017. Revd Paul Mundy left the Governing body in order to join Newick Primary School’s Governing Body. Mim Austin and Revd Neil Milmine joined as Foundation Governors. School assemblies continued to be taken by David Dyer, Neil Milmine, Gillie Warren, Paul and James on the themes of Justice, Forgiveness and other Christian values. The Y-Club has been a half hour weekly Jesus cartoon club but in September James began going into one class to talk about any aspect of faith that they wanted to explore (e.g. Torah, the Christmas story). This worked well and will continue in January 2017. Secondary school: The Rector did two year groups worth (so about eight lessons) of ‘Grill a Vicar’. He also helped with the interview process of selecting a new Headteacher. James worked with the new Head and School Council in initiating the school values programme. Scouts: The Rector hosted the Explorers for a retreat, sleeping in the Church, and went on Scout camp teaching archery.

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MAP

Meetings of the PCC normally allot a specific time for detailed consideration of one or other aspect of our Mission Action Plan. In this way we ensure the plan develops and we monitor our performance against the aims. A section of each PCC meeting, ably chaired by Peter Frost, has aimed to address one of the four priorities of the MAP, namely: • St Francis – We hope to develop and extend the use St Francis, and this remains an objective for 2017. • Home Groups – See below. • Pastoral Care - The Diocese ran a Pastoral Assistant Course, in the Conker room over five weeks, which included people from Newick, Danehill and Ringmer as well as Barcombe for the purposes of training them in pastoral visiting. In Barcombe this group has continued to meet and to oversee the pastoral care that happens both within the Church, the home groups and beyond the fringes of the Church community. • Youth - the idea of employing a youth and families worker, perhaps jointly with Newick, has not gone away. • Parish Administrator: The 2015 annual report referred to the Parish Administrator as a pipe dream. Since then the PCC have agreed to employ a PA, and this is in process of being realised.

Teaching

Nehemiah was the inspiring subject of a sermon series in the early part of the year encouraging prayer and community. The book of Amos was a more challenging series in the autumn, looking at social justice and led to the collection for Samara’s Aid. In December, with the start of the Year of the Bible, everyone was encouraged to read the whole of John’s Gospel during Advent. Prof Roger Homan celebrated his 50th year as a Reader and stepped down from taking Barcombe’s Evensongs at the end of the year. The Parish are immensely grateful for his long and helpful ministry among us. Rev Lucy Hollingsworth was ordained Deacon in June 2016 and begun her curacy with St Mary’s, Ringmer as SSM, on 2 days per week. Benji Tyler joined us for 3 months as part of his vocational exploration. In this capacity, he helped with our music, tried his hand at youth work (Deeper, School assemblies, Holiday Club) and leading and preaching at services.

House groups

We have six home groups with over 40 members. Meetings have been held during the year to encourage those leading or coordinating the groups. These groups explore the bible or the sermon or a current issue to develop their discipleship, look after each other pastorally and pray for each other. One home group held several lunch parties for invited members of the congregation.

The Parochial Church Council

We met six times during 2016, with an average attendance of 11.8 which is 78.6%. Committees met as required in between meetings and minutes of their deliberations were received by the full PCC and discussed or decisions ratified where necessary. We voted for the fifth year in a row to pay the entire Parish Share as suggested by the diocese. This money is used to pay for the Rector and the support that the Diocese directly provides and for the wider mission of the Church. This helps other churches who cannot possibly hope to pay their way, to yet retain a missional presence in their parish. It is a crucial part of our discipleship to support them in their mission. The PCC is now registered with the Charity Commission as a charity. The registered number is 1159084. Our governing document is the Parochial Church Councils (Powers) Measure 1956. Over the past year, we have encouraged the committees to get as much business done so that at the PCC meeting we can ratify their decisions. Communication: This year saw the 500th edition of the BARCOMBE NEWS, which is edited by the rector (with assistance from a rota of volunteers) and distributed to every household in the parish (by another squadron of volunteers). Les Coppard threw a party! Barcombe Church Facebook page and the Website continue as additional useful means of communicating with the congregation and the community.

The Rota supper in February fed about 60 people to thank all those who help to keep the churches going including getting the magazine distributed, the churchyard kept in order etc.

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Giving: We’ve been able to move forward on our objectives because of the giving that comes from the Church family. This is a crucial part of our offering of worship. Without this giving we cannot maintain our own mission, let alone support others in the Diocese or beyond.

Structure, governance and management

St Mary’s Church is situated on Church Road, Barcombe and St Francis Church is situated on the High Street, Barcombe. The Church is part of the Diocese of Chichester within the Church of England. All correspondence should be addressed to Rev’d James Hollingsworth, The Rectory, 1 The Grange, Barcombe, Lewes, , BN8 5AT.

The parish is a charity registered in England with the Charity Commission (No. 1159084).

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

Incumbent: The Rev’d J Hollingsworth Chairman Curate The Rev’d P Mundy

Wardens: Mr Eb Cottingham (until April 2016) Mrs K Tiffin (from April 2014) Mr A Lamont (retired April 2016) Mrs H Shepheard (from April 2016)

Deanery Synod Representatives: Mr C Lear (until April 2017) Mr C Williams (resigned April 2016)

Elected members: Mr N. Addyman (until April 2018) Mrs P Bigg (until April 2017) Mr A Cannings (until April 2017) Mr E Cottingham (until April 2018) Mrs B Cross (until April 2019) Mr P Frost (until April 2016) Mr A Lamont (until April 2019) Treasurer Mr N Lear (until April 2019) Mr O Petersen (until April 2016) Mr J Spencer (until April 2017) Mr G Tomsett (until April 2016)

Co-opted members: Mr P Frost Vice-chair (from April 2016)

Accountant Mr S Brentnall

Secretary Mrs A Fry (until April 2016)

Membership. Membership of the PCC is determined under the Church Representation Rules and consists of an ex-officio member (the Rector), the churchwardens, the members of the Deanery Synod and twelve members of the church who are elected at the Annual Parochial Church Meeting (APCM). Church members are warmly encouraged to stand for election to the PCC and we strive towards a balance of skills & experience.

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Responsibilities. The PCC is responsible for a wide range of matters affecting the parish church, including compliance with health & safety and disability legislation and child protection. In their capacity as trustees, members of the PCC are responsible for the stewardship of funds and for the appropriate accounting and reporting of the parish finances. The PCC works to ensure that each member is equipped to fulfil his or her role.

Training. New members of the PCC are quickly included and fully involved with their roles and responsibilities at the first PCC meeting after the APCM. The PCC secretary and the Hon Treasurer are elected at this meeting. PCC members are encouraged to attend courses run by the Diocese. Regular mailings from the Diocese keep officers up to date with changes in church regulations and financial procedures and these are reported to the whole PCC as appropriate.

Safeguarding. Mrs Amanda Hill is the safeguarding officer. She is responsible for ensuring that Disclosure and Barring Service (DBS) checks are carried out on all those who work with children and vulnerable adults in the church. The PCC subscribes to the diocesan safeguarding policy that is available from the Church website and hard copies are available in the Parish.

Committees report to the PCC and are responsible for specific areas of the church’s activities: • Standing Committee is the only committee required by Law. It has the power to transact the business of the PCC between its meetings, subject to any direction given by the full PCC. • Finance Committee oversees the general financial dimension by monitoring income and expenditure, budgeting and the establishing and review of appropriate financial controls. • Buildings Committee deals with the fabric of St Mary’s and St Francis. • Missionary Action Committee oversees the giving of a tithe of the income to various charities and keeps the congregation informed of the activities of these charities through guest speakers, prayers and information. • Youth Committee oversees the youth work of the Church.

The PCC acknowledges its requirement to demonstrate clearly that it has charitable purposes or aims that are for the public benefit. Details of how the PCC has achieved this are provided in this report. The PCC confirms that it has paid due regard to the Charity Commission guidance on public benefit including the specific advice guidance on charities for the advancement of religion.

Financial Review

Incoming and outgoing resources Total income across all funds fell by £5,130 (4.1%) to £118,613 in 2016. There was a reduction of 18.5% in unrestricted donations. Planned Giving fell by £2,485 (3.7%) in 2016, mainly as a result of people moving from the parish. There was a corresponding fall in the amount of Gift Aid tax that could be recovered.

Total expenditure across all funds also fell in 2016 (by £2,825 – 2.4%). Although there was a decrease in the amount of external grants to support Christian mission and relief, the parish still maintained its policy of distributing 10% of collections and planned giving in the form of those grants.

The largest item of expenditure was the Parish Contribution to the Diocese of £68,556 (2015 = £67,209). Once again, Barcombe paid the full amount requested by the Deanery.

A surplus of income over expenditure (£5,822) was achieved on the General Fund. £3,000 of that sum was transferred to the Designated Fabric Fund towards the long-term maintenance of the fabric of the two church buildings. This left a figure of £2,822 to be carried forward together with a gain on the revaluation of investments assets of £2,938. The balance on the General Fund had therefore increased by £5,760 during 2016 to £76,065.

Trustee payments and expenses The PCC supported the clergy by paying the cost of vicarage utilities amounting to £3,525 (2015 = £3,422) plus other annual costs towards travel, hospitality, telephone, postage and broadband amounting to £5,337 (2015 = £5,499).

There were no payments to other trustees or persons related to or connected to them.

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STATEMENT OF FINANCIAL ACTIVITIES For the Year ended 31st December 2016

Unrestricted Restricted Endowment TOTAL FUNDS Funds Funds Funds 2016 2015 Note £ £ £ £ £

Income and endowments from:

Donations and legacies 2(a) 94,781 1,966 0 96,747 107,037 Charitable activities 2(b) 4,217 0 0 4,217 4,096 Other trading activities 2(c) 15,880 0 0 15,880 10,754 Investments 2(d) 1,482 0 287 1,769 1,856

TOTAL INCOME 116,360 1,966 287 118,613 123,743

Expenditure on:

Raising funds 3(a) 321 0 0 321 284 Charitable activities 3(b) 110,217 2,409 287 112,913 115,775

TOTAL EXPENDITURE 110,538 2,409 287 113,234 116,059

Net gains/(losses) on investments 5 2,938 0 770 3,708 (386)

NET INCOME/(EXPENDITURE) 8,760 (443) 770 9,087 7,298

Transfers between funds 0 0 0 0 0

NET MOVEMENT IN FUNDS 8,760 (443) 770 9,087 7,298

Reconciliation of Funds

Fund Balances brought forward at 1st January 2016 103,778 768 8,034 112,580 105,282

BALANCES CARRIED FORWARD 112,538 325 8,804 121,667 112,580 AT 31st DECEMBER 2016

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NOTES TO THE FINANCIAL STATEMENTS For the Year ended 31st December 2016

1 ACCOUNTING POLICIES

1(a) Accounting Convention The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2015. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

1(b) Funds Funds held by the PCC are :- Unrestricted funds - general funds that can be used for PCC ordinary purposes. Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects. Restricted funds - (a) income from trusts or endowments that may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund.

Endowment funds - funds the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. The PCC may have the power to convert certain endowment funds into expendable income; such funds are known as expendable endowments.

1(c) Incoming Resources All incoming resources are accounted for gross. Donations and Planned giving, collections and donations are recognised when received. Tax refunds are legacies recognised when the incoming resource to which they relate is received. Grants and legacies to the PCC are accounted for when the PCC is legally entitled to the amounts due. Investment income - Dividends and interest are accounted for when due and payable. All other income - All other income is recognised when it is receivable. Gains and losses on investments - Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments on 31st December.

1(d) Resources Expended Resources expended are accounted for on an accruals basis and are accounted for gross. Grants - Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. Charitable activities The diocesan parish contribution is accounted for when paid. Any parish contribution unpaid at 31st December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the balance sheet. Support costs - These include expenditure on stationery, copying, books, leaflets and sundry expenses that are not directly attributable to individual church activities. Administrative costs - These include expenditure on professional fees, accountancy, bookkeeping, stationery postage and sundry expenses in connections with the administration of the charity.

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NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2016 1(e) Fixed Assets Tangible fixed assets. Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected (at any reasonable time).

For inalienable property acquired prior to 2000, there is insufficient cost information available and therefore such assets are not valued in the financial statements. Individual items acquired since 1st January 2000 have been capitalised in the financial statements and depreciated over their useful economic life. All expenditure incurred in the year on consecrated or beneficed buildings, individual items costing under £5000 or on the repair of movable church furnishings acquired before 1st January 2000 is written off.

Investments : Investments are valued at market value at 31st December.

2 INCOME AND ENDOWMENTS Unrestricted Restricted Endowment TOTAL FUNDS Funds Funds Funds 2016 2015 £ £ £ £ £ 2(a) Donations and legacies Planned giving 64,790 0 0 64,790 67,275 Collections (open plate) 4,427 1,340 0 5,767 6,067 Donations 10,501 510 0 11,011 15,611 Gift aid tax claimed 15,063 116 0 15,179 18,084

94,781 1,966 0 96,747 107,037

2(b) Charitable activities Parochial Fees income 4,217 0 0 4,217 4,096 4,217 0 0 4,217 4,096

2(c) Other trading activities Fundraising income 2,309 0 0 2,309 2,451 Hall income 3,540 0 0 3,540 3,532 Parish magazine 5,070 0 0 5,070 4,771 Sundry income 4,961 0 0 4,961 0 15,880 0 0 15,880 10,754

2(d) Investments Dividends and interest received 1,482 0 287 1,769 1,856 1,482 0 287 1,769 1,856

TOTAL INCOMING RESOURCES 116,360 1,966 287 118,613 123,743

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NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2016

3 EXPENDITURE Unrestricted Restricted Endowment TOTAL FUNDS Funds Funds Funds 2016 2015 £ £ £ £ £ 3(a) Raising funds Fundraising costs 321 0 0 321 284 321 0 0 321 284

3(b) Charitable activities Missionary and charitable giving 6,900 1,457 0 8,357 14,335 Ministry costs : Diocesan Parish Contribution 68,556 0 0 68,556 67,209 Other ministry costs 8,952 214 9,166 9,331 Church running expenses 11,433 0 287 11,720 8,339 Church - Major repairs & fabric costs 0 0 0 0 4,867 Upkeep of services 2,698 0 0 2,698 1,792 Youth work, training and mission 2,150 738 0 2,888 3,502 Parish magazine 3,572 0 0 3,572 784 Support costs 3,213 0 0 3,213 2,991 Independent Examiner's fees 510 0 0 510 495 Administrative costs 2,233 0 0 2,233 2,130 110,217 2,409 287 112,913 115,775

TOTAL 110,538 2,409 287 113,234 116,059

4 STAFF COSTS The PCC had no employees during the year.

5 INVESTMENT ASSETS £ Market value at 1st January 2016 41,893 Disposals during the year 0 Revaluation gain 3,708

Market value at 31st December 2016 45,601

At 31st December 2016, the market values of individual holdings were as follows :- £ CBF Investment Fund 1,796 units 27,001 CBF Fixed Interest Securities Fund 10,990 units 18,600

45,601

6 DEBTORS 2016 2015 £ £ Recoverable Gift Aid 3,690 5,676 Other sundry debtors 0 126 3,690 5,802

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NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2016

7 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 2016 2015 £ £ Creditors for goods and services 6,663 2,486 Accruals of utility and other costs 2,010 495 Deferred income 2,715 1,770 11,388 4,751

8 UNRESTRICTED FUNDS Balance at Balance at 1st. Movements in 31st January Resources Gains / December 2016 Incoming Outgoing Transfers (Losses) 2016 £ £ £ £ £ £

General Fund 70,305 116,360 110,538 (3,000) 2,938 76,065 Designated Fabric Fund (i) 33,473 0 0 3,000 0 36,473

103,778 116,360 110,538 0 2,938 112,538

(i) The fund has been designated by the PCC to finance the cost of maintenance to the fabric of the church.

9 RESTRICTED FUNDS Balance at Balance at Movements in 1st. 31st Resources January December 2016 Incoming Outgoing Transfers Gains 2016 £ £ £ £ £ £

Youth Work Fund 230 500 730 0 0 0 Training Fund 8 0 8 0 0 0 Charity Fund 0 1,456 1,456 0 0 0 Restricted Gift Fund 325 0 0 0 0 325 Curate's Fund 205 10 215 0 0 0 768 1,966 2,409 0 0 325

10 ENDOWMENT FUNDS

Balance at Movements in Balance at 1st. Resources 31st January Gains/ December 2016 Incoming Outgoing Transfers (Losses) 2016 £ £ £ £ £ £

Churchyard Trusts (5 in total) 8,034 287 287 0 770 8,804

8,034 287 287 0 770 8,804

There are 5 permanent endowments that provide income towards the upkeep of graves and the churchyard.

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NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2016

11 ANALYSIS OF NET ASSETS BY FUND

Unrestricted Restricted Endowment TOTAL Funds Funds Funds £ £ £ £

Fixed assets 36,810 0 8,791 45,601 Current assets 87,116 325 13 87,454 Current liabilities (11,388) 0 0 (11,388)

Fund Balances 112,538 325 8,804 121,667

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