2025-12-31-accounts

ANNUAL REPORT BY THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MICKLEHAM FOR THE YEAR 2025 Reference and Administrative Inforniation The Parish of Mickleham wrthin the United Benefice of Leatherhead and Mickleham is part of the Diocese of Guildford The Pansh Church of St. Michael and All Angels is located In MiGkleham and there is a Chapel of Ease in the neighbourin9 village ofwesthumble. St. Michael and All Angels Chapel of Ease Old London Road Crabtree Lane Mickleham RH5 6DU Westhumble RH5 6BG PCC Secretary Caroline Jones Pinehurst Lodge, Old London Road Mickleham RH5 68Y Parochial Church Council (PCC)- Charity Commission Rogistration Number 1128482 The members of the PCC who served during 2025 and until the date this report was approved are: Incumbént The Revd Will Perry Parish Priest and Chairnian The Revd Dr Sandra Faccini Churchwarden Cathenne Diffey Lucy Adshead John Banf181d Tim Mathieson Caroline Jones Richard Siberry Andy Diamon Vickie Leney Geoff Black Mark Day Celia Lyons Elaine Machin Susan McGrath Paddy M¢Vean Beverley Mehta Kolvin Pritchard Sarah Pritchard Amanda Wadsworth to Apnl 2025 from April 2025 from April 2025 Deputy Churchwarden PCC Secretary Treasurer Deanery Synod Representative8 Members to April 2025 to April 2025 from May 2025 from April 2025 from April 2025 to April 2025 to April 2025 from April 2025 Pansh Administralor Alison Wood Structure, Governance and Management The PCC is a corporate body registered with the Charitie8 Commission and estabI￿hed by the Church of England and operates under the Parochial Church Council Powers Measure The appointment of PCC members is govemed by and set out in the Church Representation Rules. The PCC met six times during 2025 and recetved reports from PCC sub-committee$ and working groups. Objectives and Activities The PCC mission stalement.. "Inspired by God's Love, we seek to grow spiritually, Inake Jesus Christ known, and be a loving. inclusive, welcoming church at the heart of our community.. pcclapcm April 2025bertion A- Page l of 2

Achievements and Perforniance Bulldings and Churchyard The required inspedions were camed out in the church and chapel and any resu￿a'.7t remedial measures undertaken. The church re￿iVed a Silver Award in 2024 as part of the e￿-chUrch scheme and is working to achieve Gold. The lighting in the church and chapel has progressively been changed to LEDS contributing to a signrficanl reduction in e￿ctricity consumption The church again hosted a Herrtage Day in September. The theme was ar¢hilectur8 and included a display by the Mi¢kleham and Westhumble Local History Group. Various musical events werè also held including a Sundays at Six concert, Mickleham Choral Society's Remembrance Concert and a Children's Chnstmas Gon￿rt. In addrtion to the designated children's area in the North aisle the creche ITr the vestry which began In 2024 continues with young children and parents invited to US8 rt during communion services. The church remains open every day. wrth guide leaflels available for visitors - be￿een 5 and 25 of whom sign the visitors book each week - who, from their comfflenls, clearly appreciate being able to spend time in our historic and peaceful church. Misslon and Outward Glving Donations to a range of charities were made in accordance with PCC policy. with particular focus on Sl Michael's School and local organisations Including The Meeting Room, Joe's Buddy Line and Leatherhead Youth Project, while the Pnest's Discretionary fund was used lo help members of the village and churth communrty in need. Donations were also given to other bodies including The Children's So￿etY. The Royal British Legion, The Red Cross and olher national chariti￿. There is also a significant donation by parishioners of items to the local Food Bank. Schoolg Sl. MiGhael's S¢hool is a Chur¢h of England Voluntary Aided school. Regular assemblies were held during 2025 wrth the priest in attèndance in the school and ￿1¢6 a term in Church. Workshops were held for Mothering Sunday, HaNest and Chrislingle and church services celebrated these festivals. Staff and students from Box Hill School attended SeNi￿S In church. including their Flag Day service, Leavers Day, and Carol Concerts (Box Hill School merged with Reigate Grammar in July 2025 and was renamed RGS Surrey Hills) Work continues lo strengthen ￿latIOnships. and this can be seen in the frequency with which the church has been used by both schools. Sta￿stIcs During 2025 there were 7 confirmations. 4 baptisms. 3 weddings, 1 dedication followng civil marriage, 13 funerals and 5 separate intem)ents of ashes. Average Sunday attendance was 63 plus an average of 8 attending via Zoom. At the Easter Sunday Servi￿ 144 people attended in person and 198 at the Christmas services. There were 125 names on the electoral roll. pcclapcm April 2025bection A- Page 2 of 2

FINANCIAL STATEMENTS OF THE COUNCIL FOR THE YEAR ENDING 31 DECEMBER 2025 Treasurerfs Financial Review for 2025 l am delighled to report that, for the third year running, the PCC annual accounts are showing a healthy surplusl Although. in comparison to 2024 figures, Ihere has been a fall of about £5,700 in unrestricted voluntary Income (including planned giving. collections and card machln8 recelpts), other unrestricted income (induding fundraising and fees from weddings and funerals) has increased. and general expenses. notably on utililies {of which more below). have unusually decreased! The result is that total unrestricted income of £97.814 on general account li.6., 8x¢luding income from endowrnent and legacy funds). 8xceeded expendlture of £85,761 on general account {i.e., exduding projed$ and donatlons from restricted funds) by over £12.000. Planned giving Is still the most important sourc* of regular inojme. 45 donors now subscribo to the very efficient Parlsh Giving Scheme ("PGS'). Receipts via the PGS. includln9 tsx recpjvered {on a monthly basls), totalled lust over £47,000 in 2025 (as compared with about £49,600 in 2024- the diff8r8nce being largely accounted for by a onfroff PGS gift in 2024). Plate and card reader collections {including those for other charbties) totalled £13,380. significantly higher Ihan the 2024 figure of £9,498. There have also been recelpts of nearfy £5,300 from fundraising adivrties, Including money ra15ed by Church Communty Group ("CCG-) events. such as Chapel coffee momings and Sunday teas in Church {on whlch the CCG will report separately). Fees from weddings and funèrals tolalled £8.106 (together with an additional £800 raised by way of Choir fees). The Churth has been blessed with recelpt of 2 substantial legades In the o)urs6 of 2025- one of £103,000, which has been placed on deposit to fund major capital eX￿ndItUre such as th8 restorallon of the clock face and weather vane- see below). and on8 of £50,703, whlch Is lo be used strictly for 1st Michael & All Angelsl churth or its Chapel of Ease in Weslhumble.. This sum has also been placed on deposrt- Ihe Su¢kling Legacy Fund. As a result of our good fortune in having a substantlal Endowmeni Fund and ihese addltlonal sources of income. together with the Priest's discretionary St. Michael's Fund. income from investment dividends arKI deposit funds lotalled £38,676 - some £4.$00 more than in 2024. Tumlng from rec8ipts to expenditure. ouiwards giving totalled £16,328 (excluding Henry Smith arlty granlsl- Thls induded donations followlTh3 a number of (￿llectIonS for partlcular charitable causes, such as the DAC Gazalmiddlè East 2pwals. and. Closèr to home. further donations totalling £8,OW to St Mithael's School (funded from Endowmenl Fund in(J)me), and donations to LeatherH8ad Start, The Meeting Room. ￿ tknrking Food Bank. The Royal Brilish Legion and the Children's Society. Ministy Go¥ts. including the largest single tlem of expenditure. the annual Parish Share (£37,265- increased by 60/0 for 2026, to £39,502 for 2026), Church runniro and maint8nanc8, pccbpcm Aprtl 2026bection Bl Pagelof3

and management and administration costs. together totalted £72.562. as compared to £77,446 in 2024. Church running and maintenance costs were substantially lower than in 2024 - £22,375 as compared to £30,426. This was due in large part to decreased utility costs - heating, lighting and water- induding a substantial dec￿se in heating and lighting o)sls following the conclusion of new. theaper, 2-y8ar 'green' gas and electricity contr3ds, the insiallalion of the new and much more efficient Chapel heating system. and energy saving LED lighting in Church and Chapel. We used 10,360 KWH of electriaty in 2025- over 4,500 KWH ￿$$ than in 20241 Proj8ct 6xpenses of £32,446 in 2025 included £28.469 for the restoration of the Church clod( face and weather vane, £4,102 on electhcal wo￿3 including lighting upgrades. £2,686 on the new water heater for tea, coffee etc.. and £3.822 on a lightning ￿nduCtOr upgrad8 (figures as shown in the SOFA a¢o)unts are inclusive of 200/0 VAT, bul VAT totslling £5.257 on these and othér works was recovared under HMG'S Listed Places of Worship Scheme. which has been renewed for another financial year lo April 2026. bLrt the future of which is uncertain after that). The Parish Magazine accounts show a profrt ofjust under £2,000. The PCC Accounts algj Include (for the second year) records of incom8 and expenditur8 from an annual paym8nt made to the Parish by the Henry Smtth national chartty. for the purpose of making charitable grants. This grant money is administered by a committee (induding the Parish Priest) who now report annually to Ihe PCC and provKde the Treasurer and Independ8nl Examiner with appropriate bank and other finanual infonnalim. Further details of Income and expenditure are shown in tha aC￿mpanying Statement of Financial Actlvltles. The 2025 yearnd balance cafrd forward on the Unr8Stricted Fund. Induding a balance of £9,835 held on the Parish Magazine Account. has increased to £146,358 {as compared to balan￿ of £63,608 at th8 end of 2024). This inu8ase is largely due to th8 larger of the Iwo legacies received during the year. The Expendable Endowment Fund, set up in 2009 followng the ge￿rouS donatlon of £600,000 by The Ranmore Charitable Trust (and held on the terms of a Dedaration of Trust recL)rded in PCC Minutes of 11 May 2Ci19}, remains split between iwo funds managed by CCLA Investm8nt Management Ltd. £500.OIX) was invested in July 2010 in the CBF Church of England Investment Fund - value at tho end of December 2025 was £1,070,144,. value on 10 March 2026 was £1,039,720., the £100,000 balance was invested in the inlerest-bearing CBF Church of England Deposit Fund, which. frjllowing wrthdrawals in 2019 and 2022 to help pay for capltal projects, now stands at Just under £51,000. The St. Michael's Fund. established in 2010. again due to the generosty of The Ranmore Charitable Trusl, continues to be held partly in a CBF Church of England Deposit Fund and Partly in the CBF Church of England Investment Fund. It is to be used, at the discretion of the Parish Priest (subject to annual expenditure limits), for the benefft of the needy of. or havlng sufficient connection wilh. the Parish or local communtties. The c4Jnbined (2sh and investment value of the Fund at the end of 2025 was £48,471. pcclapcm April 2026bectson Bl Page2of3

Res8rves Pollcy It is PCC policy to maintain (rf possible) a balan￿ of unrestr1d￿j fiJnds that equates to at least 750/0 of unrestricted payments, to ￿)Ver emergency srlualions and changes In clrcumstances that may arise from time to time. That aim has been comfortably achieved in 2025. as a result, amongst other things, of the larger of the legacies received. Rlchard Slbery Hon Treasurer- 10 March 2026 pcclapcm Aprll 2026lsectlon Bl Page3of3

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NOTES TO THE FINANCIAL STATEMENTS OF THE COUNCIL FOR THE YEAR ENDING 31 DECEMBER 2025 l. The financial statsments have been prepared n atswrdanc8 the Church A¢)￿Unting Regulations 2006 logether V￿th applicabl8 a¢￿untIng standards and the Charities Art 2011 General funds reprnsenl the funds of thè PCC Ihal are not subjecl to any restrictions regarding Iheir use and are available for applicalion for the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unr8slricted. Restricted funds are those that must be spent on restrKled purposes, and detsils of the reslrictions are provided n notes 10-13. The financi81 statements include all transaclions. assets and liabilities for vthich the PCC is responsible in law. Incomlng Resources Voluntary Incomo and eapltal SOUfEO8 Co118Ctions are recognised ￿en received ty or on behalf of the PCC. Planned glving reLk9ivable under Gift Ald is recognised onty then re(x1v￿. Tax r8coverable on Gift Aid donations is recognised vknen the donation is rocognlsed. Grants and legacies to the PCC are accounted for Vhen received by the PCC. Funds ralsed by the various fun&raising events are accounted for Cross, but after deductlon of sums allocAted to other organisations in the case of joint fund-raising enterprise such as Village Fetes. Income lrnm Inv•8tmonts Dividends and interest enlitlements are accounted for vthon paid. Galns and10&8e8 on Inv•8tm•nts Realisad gains or losses are recognised vthen investsnents are )Id. Unrealised gains or losses are accounted for on revaluation of investments at 31 De￿nkner. Resources Used Grant8 Grants and donatlons are accounted for in thé year forvthich such grants and donati)ns are Spproved by the PCC. Activltles dlrncty relatlng to the wort( of the Chufch The DK)cesan Pansh ShatE1s accounted for Ythen due. 2. Fixed assets Conseornted property and movable church filmishings Consecrated and ben•ficed property of any klnd is exduded from the finanoal statements by $.10(2)(a) ofthe Chariiie3 Ad 2011. pcclapun Aprfl 2026Wion 84 Pa8elof3

Movable thurth fijmishings held by the vicar and churchwardens on special trust for the PCC and which require a fa¢￿Ity for disposal ar8 listed in the Church's inventory. ￿lch can be inspected (at any reaxsnable time). All expenditure incurred in the year on o)nsec%ated or beneficed buildings. individual items under {£2,000) or on th8 repair of movabl8 thurL* fumishings acquired before 1 January 2008 is written off. otherfixturès, flttlngs and offlce equlpment Equipment used wthin the church premises is depreaaled on a straight-line basis over four years. Individual rtems of equipment wth a purthase price of £2,OCQ or less are written off vthen the asset IS acquired. 3. Investments Investments are valued at market value 8t 31 De￿mber2o25 They rmnprise: Incom8 Shares in CBF CofE Invèslment Fund hold in Ihe Expendable Endowmenl Fund: £1,070,144.44. Incnme Shares in CBF ColE Investment Fund held in the St Mith881'3 Fund.. È29,755.05. 4. Debtors Debtors comprise tax rerJ)verablè on gift ald donations and small gifts, and 2026 expenses debited in 2025. 5. Short-temi deposlts Short-lenn doposits crjmprise ￿$h held on deposrf< in CCLA Church of England Deposil Fund Accounts.. (1) CCLA Expendable Endowment Fund Account.. £50,987.80 (2) CCL4 Endovrnent Fund InMne D&posit Actount. £49.036.13 {3) CCLA Unréstricted Fund Deposit Account £75.117.09 (4) CCLA Suckling Legacy Aco)unt £50,7Q3.55 (5) CCLA St Michael's Fund Deposit A0￿unL. £18.715.99 6. Cash In bank and at hand This comprises.. {1) cash on deposit in Natwesl c#Jrrenl accounl.. £9,9S8.72 (2) cash on deposit in Nthst No. 2 ￿rrent acGounL' £4125 (3) cash in hand.. £2,392.40 7. Parish Magazine cash in bank and at hand Psrish Msga2ine cssh in bank and at hand indud8$ ca$h on deposit in 8cy>)unt8 in tho name of th8 Parish Magazine, bul subject to the overall control of the PCC. pcclapun AprH 2026Won B4 Pa8e2of3

1. Honry Smith cash in bank Henry Smrth cash in bank ￿mpriseS cash on deposit in a Santander c￿rrent account. held for the purposes of making donations from monies granted by The Henry Smith Trust account, in the name of Henry Smith Charity but subjecl to the overall Mnlrol of the PCC.. £4,522.20.
2. Credito Creditors - amounts falling due wthin one year, li4>ilTties Inc￿rred but not selued, at year end. 10, 11, 11 13, 14 Restncted Funds Restricted Funds eomprise.. {1) The ExperKlable Endovrnent Fund capital (£1,070,144.44 investment +£50,987.80 deposit) (2) The St Mithael'$ Fund, expendable (subject to annual limits} at the Discretion of the Parish Priest for the bènefit of the needy of the Parish (£29,755.05 investment + £18,715.99 depositi (31 The Suckling Legacy Fund (£50,703.55) (41 Funds provided by Henry Smith Charity for the pu￿OSe5 of ma￿.ng grants in a¢xordance with it$ charitable puTpo$es {£2,092.92) Richard Sibery Hon Trea8urnr- 10 March 2026 pcclapcm April 2026Isertton B4 Page3of3

Mickleham Parothlal Churth Council 1.the pptt) St Michael's Churth Mickleh3m Dorking Surrey ENDENT EXAMINERS REPORT Thls rèport on the Flnanclal SiaTrments af the Pccfor theyear ended 31 De￿rnber 2025, as approved by the PCC at a meetin¥ on 17 Marth 2026 and as slgned by Rev. Dr. Sandra Fatdnl as Chalrman of the PCC, is in respect of an examlnatlon carried out in accordance with the Church Acwunting Règulatlons 20061.the Regulatlons'l and sectlon 145 of the Charltles Act 20111.the Acfl. Res ertlveis slbllltl mlner As members of the PCC you are responslble lor the preparatlon of the Financlal Statements.. you cansider that the audlt requlrements of thè ReBulations and sertion 144121 of the Act do not apply. It Is my responslblllty to Issue thls re[￿rt on those Accounts In accordance with the terms of the Re&ulttlons. Basls of thls r My examlnatlon w35 Carried out In acwrdan¢e w]th the General Directlons glven by the•Charity CommissSon under sectlon 14515llbl of the ACE and to be found in the thurth guldance, 2006 edltlcn. That examlnatlon Induded a review of the accountlng records kept by the PCC and a comparison of the Flnanclal Ststements wlth those records. It also Included con5iderin8 ary unusual items or dlsclosure$ In the Financial Ststements. and seoknn8 explanations from you as Tru5ree5. via your Tr￿S￿ref Rlchard Slberry, concernlng any such matter5. The prO￿dureS undertaken dld not prowde 811 the evldencethat would be required In an audit. and consequently I do not expre$5 an audltopinlon on the Flnantial Statemen anda I make the followlnB caveats and a55umptlons. I have 355urned the ac¢uracy and authentlclty of all documents given to me, and of all ststements made by Mr Slberry to me. and the ¢onformity of any copy docurnents to the orl8inals. I have not Carrf￿ out any checks other than those set out above. nt Exminerfs >t•t In conThertion with my examlnation and based the a5sumptk¥n5 and subject to the caveats glven above. I confirm that no matter has come to my attentlon. which gives'me reasonable cause to believe that In any moterlal respect the requiremerrts. lal to keep accounting records In accordanco with sert￿tt 130 of the Act.. and

Ib) to prepare finandal ststements whith accord with the accounting records and comply with the accounting ￿quIreMents ofthe 2011 Art; have not been metr, or to which, In my opinlon, attentlon should be drawn In order TO enable a proper understandin8 of the Flnancial Ststements to be reached. Dated Graham Revill. ACIB Fairview Pi18rims Way W¢sthumble Dorkin8 RHS 6AP