This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Diocese of Liverpool The Parish Church of St Michael, Aughton

Annual Report of the . Parochial Church Council For the year ended 31 ae ee [st] December 2020

Pee tye Sah fa Bea coeeyMee a ‘oe‘ rus %

The Parochial Church Council of the Ecclesiastical Parish of St Michael, Aughton, Liverpool Registered Charity No 1128623

WELCOME

Dear all,

In May 2020, I wrote to members of the electoral roll of both St Michael’s and Holy Trinity. Both church buildings were closed and there was a sense of anxiety and uncertainty. In the letter I copied an image of a tree that had been cut down, but with the help of the sun there was new life. On the image is written, ‘May we grow back, not to what was, but instead towards what we can become.’ Throughout 2020 we discovered new ways of being Church and despite the challenges we faced as a Church, new ministries and new relationships grew.

The weekly pre-recorded YouTube service attracted a virtual congregation and each season we reached out to our Benefice and beyond. Easter, Rogation, Pentecost, Trinity, Harvest, Remembrance, All Souls, Advent and Christmas all gave us opportunities to be creative and to embrace new friends who would take part in the services. Some new members of the virtual congregation also kindly made donations to both St

Michael’s and Holy Trinity, but more importantly they expressed their appreciation for the support the services gave them during a difficult year.

The weekly prayer meeting on a Thursday also welcomed new members from beyond our Benefice and continues to offer fellowship and also spiritual sustenance for those who regularly attend. The hour is filled with a mix of conversation, laughter and prayer. The online Advent Group also welcomed brothers and sisters from other parishes, and we were able to email out each week the talks and material to those who were not able to join us online. In 2021 we joined with other parishes in providing online Lent Groups following the ‘Wellbeing Journey’ course and it was a fantastic success, but more about that in the 2021 report!

One of the biggest challenges was to stay in touch with those who could not access the online ministry. At the start of lockdown we established the ‘prayer chain’ for those who wanted a regular contact with someone. I know that many of those who joined the prayer chain are still keeping in touch with one another. The magazine was suspended in December and replaced with the ‘Benefice Bulletin’, which is emailed out each month. My hope is that those who receive it by email, print it to hand on to friends, family and neighbours. Looking ahead we need to find ways to help people access online ministry, while discovering new creative ways to stay in touch with those who are unable to access online ministry.

Both St Michael’s and Holy Trinity opened for public worship in September and closed when new lockdowns came along. The pattern of worship had to be sustainable so I could do both services. We agreed that St Michael’s would meet at 9.30am and Holy Trinity at 11am. St Michael’s also had the occasional midweek Communion Service on a Wednesday at 11am. By maintaining both ‘in person’ worship and ‘online’ worship, we hoped to be accessible for as many as possible.

2020 changed the mindset of the Church. We could no longer be settled in maintaining what we had, we were in a position where we had to grow our mission. It has often been said that any organisation that does not change when facing new circumstances will eventually die. The Church is experiencing that to be true and so we look towards 2021 feeling better equipped for mission in our changed world. Our hope is that all ages will commit to being a part of Christ’s mission in Aughton, Bickerstaffe and beyond.

Andrew

ADMINISTRATIVE INFORMATION

St Michael’s Church, Church Lane, Aughton, Ormskirk L39 6SB.

Official correspondence to The PCC Secretary, Parish Office, at the above address.

Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. During 2020 the following served as members of the PCC:

Incumbent: Revd Andrew Housley (Chairman, ex-officio) Reader: Mr Bill Glennon (ex-officio) Wardens: Anthony Bearon (ex-officio) Margaret Ellams (ex-officio) Treasurer: Mr Brian DeVonald (co-opted) Secretary: Mr James Parsons (co-opted) Deanery Synod representatives: Mr Bill Gilpin (ex-officio)

Elected representatives:

Andrea Connelly, Margaret Ellams, Peter Garrett and Denis O’Brien – elected 2018 to 2021 Adrian Ball, Winifred Pemberton, Janice Sheel and David Snape – elected 2019 to 2022 Ann Barnes, Lorna O’Brien, May Brooke and Jeff Smith – elected 2020 to 2023

Observers:

Mr Peter Fogden ( H&S Officer ) Mr Anthony Bearon ( Child Protection Officer)

Bankers: Santander Bank, Bridle Road, Bootle L30 4GB.

Independent Examiner: Mr I. Mooney, 14 Kingsbury Court, Skelmersdale.

Architects: Anthony Grimshaw Associates, 6 Bridgeman Terrace, Wigan, WN1 1SX.

Day to day management and control of the Church is exercised by the Rector and Wardens: The Rev Andrew Housley and Mr Anthony Bearon, contactable via the Parish Office on 01695 424457.

STRUCTURE, MANAGEMENT AND GOVERNANCE

St Michael’s PCC operates under the Parochial Church Council Powers Measure 1956. The PCC is registered with the Charity Commission – no. 1128623.

OTHER RELATED TRUSTS

Aughton United Charities, registered charity number 247409, the Rector is a Trustee. Vanbrugh and Tempest Almshouse Charity Trust, registered charity number 227244, four members of the PCC and one other church member are trustees.

St Michael’s VC CE Primary School, the incumbent, one PCC member and one other church member are Foundation Governors.

APPOINTMENT TO THE PCC

The method of appointment of PCC members is set out in the Church Representation Rules. All church members are encouraged to register on the Electoral Roll and stand for election to the PCC.

COMMITTEES

The PCC operates through three sub-committees, which meet as required between full meetings of PCC:

Standing Committee – required by law, it transacts the business of the PCC between its meetings, subject to any direction given by the full Council. Membership of the Standing Committee is the Rector, the Churchwardens, the Treasurer, the Secretary and two elected PCC members - in 2020 these were: Mr Denis O’Brien and Mr Jeff Smith.

Social Committee – organises a range of social events. Membership in 2020 was Mrs Lynn Trelford (Chair), Mrs Betty Craig, Mr Brian DeVonald, Mrs Barbara McCartney, Mrs Debbie Fisher, Mrs Joyce Taylor and Mr Neil Jones.

Fabrics Committee – has delegated power to address fabric issues in the Church and Church Hall. Membership in 2020 was Mr Peter Fogden (Chair), Mr Anthony Bearon, Mr Brian DeVonald, Mr Denis O’Brien, Mr Peter Garrett and Mr David Snape.

PCC members receive regular instruction and advice on their roles as Trustees, on health and safety issues, risk assessment and management, and on child and vulnerable adult protection procedures, from the relevant PCC officers.

THE ELECTORAL ROLL presented to the Annual Meeting in 2020 recorded the names of 138 people, of whom 37 were non-resident in the parish.

OBJECTIVES - St Michael’s PCC has the responsibility of co-operating with the Rector in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical in this parish (PCC (Powers) Measure 1956). It is responsible for the maintenance of the Church and Church Hall in Church Lane, Aughton. St Michael’s is a broad and welcoming church that seeks to provide a spiritual home for all who seek God in Jesus Christ.

We proclaim the Gospel of Christ according to the doctrines and practices of the Church of England, as part of the worldwide Anglican Communion of churches. We worship the one true God, enjoy and share the fellowship of all our members and friends, and aim to live out the commandment to “love our neighbour as ourselves” through practical care and concern for those in our community.

REPORTS FROM CHURCH GROUPS AND ACTIVITIES

1 Church and Fabric Report

In conjunction with members of the SMT steps have been taken to make the church more accessible to those suffering from dementia. Yellow signs indicating access and egress from the toilet have been erected and the wall behind the toilet has been painted yellow. A new lock has been fitted to the toilet door so that it can be opened from the outside should the need arise.

2 Graveyard Report

The grass in the graveyard is cut at intervals by a local contractor. Members of the congregation and the parish continue to maintain the flower beds and the Garden of Rest. The paths are kept clear of weeds by application of weed killer and surface contamination is controlled by spraying with a biodegradable fluid. Leaves are removed with other waste material generated in the Church and churchyard and collected weekly by a licensed waste contractor.

A Christmas tree support was installed near to the church main door.

3 Inspections and Servicing

The central heating boiler was inspected for insurance purposes and serviced. The fire extinguishers were tested and serviced as required and portable appliances tested. The intruder alarm system was serviced.

The gutters and accessible roof areas were cleaned as required. Ladders were inspected at three monthly intervals. The annual asbestos inspection was completed.

The past year has been very challenging, and activities have been greatly curtailed.

On behalf of the PCC, we would like to thank all those members of the congregation and the parish who have been able to assist in ensuring that the Church and churchyard remain attractive Aughton features of the Aughton landscape.

4 Church Hall and Fabric Report

The two meeting rooms and the entrance hall were decorated. All woodwork was finished in gloss paint and walls and ceilings with selected emulsion finishes. Many thanks to the Social committee for funding this work. Cracks in the pointing of the coping stones and brickwork at the north end of the main meeting room had been the source of water ingress. The loose mortar was ground out and repointed.

5 Inspections and Servicing

The gutters were cleaned, and shrubs and hedges trimmed. A brown bin licence was obtained from WLBC to enable leaves, hedge trimmings and other green waste to be disposed of. The central heating boilers were inspected for insurance purposes and serviced. Portable appliances were tested. The fire alarm system was serviced. Fire alarm call points and emergency lighting were tested at specified intervals. Ladders were inspected at three monthly intervals.

On behalf of the PCC, we would like to thank everyone who assists in running the Hall.

Peter Fogden PP Fabric Committee

STATEMENT OF FINANCIAL ACTIVITIES.	STATEMENT OF FINANCIAL ACTIVITIES.	STATEMENT OF FINANCIAL ACTIVITIES.	STATEMENT OF FINANCIAL ACTIVITIES.	STATEMENT OF FINANCIAL ACTIVITIES.
(All values to the nearest £) For the year ended 31stDecember 2020_._
Code	General Designated		Restricted	Endowment Total Funds
	Funds Funds		Funds	Funds 2020 2019
INCOMING RESOURCES
Voluntary Income 2a	75017 23478		7072		105567 88500
Fund Raising Activities 2b	355	-	-		355 1716
Income from Investments 2c	-	42	126		168 284
Statutory Fees 2d	4878	-	-		4878 10004
Church Activities Income 2e	3420	-	3870		7290 23330
Other Incoming Resources 2f	Nil	-	1814		1814 1764
TOTAL INCOMING RESOURCES	83670 23520		12882		0120072 125598
RESOURCES USED.
Cost of generating 3a	-	-	5		5 319
Voluntary Income/Funds
Mission/Charitable Giving 3b	100	-	1328		1428 1316
Church Activities 3c 113242		-	6530		119772 132062
Major Capital Expenditure 3d	100	-	2286		2386 1082
Other Outgoings3e	Nil	-	-		- Nil Nil
TOTAL RESOURCES EXPENDED 113442 0			10149	0 123591 134779
NET INCOMING/OUTGOING	(29772) 23520		2733	0 (3519) ( 9181)
RESOURCES BEFORE OTHER
RECOGNISED GAINS & LOSS
Excess Cr Funds over book entries	314	-	-	-	314 (198)
GAINS/(LOSSES) ON INVESTMENTS
Realised	-	-	-	-	- -
Unrealised Investment Bond Gain	8902	-	-	-	8902 12552
NET RESOURCES FOR YEAR	(20556) 23520		2733	NIL 5697 3173
TRANSFER BETWEEN FUNDS24401 (21931)			(2470)	-	NIL NIL
(Un-Restricted & Designated Funds
Transferred to Restricted Funds to cover
Repairs & Maintenance See Page 2–13 (Net assets)
NET MOVEMENT IN FUNDS	3845 1589		263	NIL 5697 3173
BALANCES B/FWD 1/1/2019	66730 11479		310201	12000 400410 397237
					_
BALANCES C/FWD AS AT	7057513068		310464	12000406107 400410
31st DECEMBER 2020

Financial Review – 2020

Due to the Covid-19 Pandemic the PCC had to rely solely on the automated Offerings from the congregation by means of the Parish Giving Scheme and the Standing Orders to keep the Church viable and pay it’s every day running costs. This was augmented by the Furlough Scheme to cover 80% of salary costs and some various Donations. Even so, the PCC sadly had to make the position of Sexton redundant by the end of October. The position had become unaffordable over the past several years in relation to our income. The importance of the congregation making their Offerings by automated means has surely been proved. Without them the effect on the Church finances would have been disastrous.

The Operating Loss for 2020 reduced to £ 3,519 from £9,181 for 2019, but would have been a loss of £16.5K if we had not received a Legacy for £20K. The Legacy enabled us to pay the Parish Share of £78,358 in full for 2020. The Investment Bond again increased in value by £8902 and so converted the Operation Loss to a Profit of £5697. But even this profit is made up mainly by another Legacy of £4.3K.

Unfortunately, the Pandemic curtailed the funds raised normally such as Gift Day, Summer and Christmas Lantern Fair and the Social Committee, and of course the hard work performed by the Friends of St. Michael, whose automated Subscriptions covered some of the churchyard and fabric costs. We are thankful to the all the people involved. Without these money raising events we find it difficult to meet our obligations. The Social Committee also paid £1425 costs to redecorate the Church Hall. We must also give great thanks to our Congregation, many of whom have joined our Parish Giving Scheme, and also the people of Aughton and Nationwide who have supported our efforts to provide services to the community including YouTube Services which contribute to a vibrant Parish Church.

The congregation have responded well to the PCC’s request with their personal support of various Charities with at least £3,864 as shown on Page 2-12. Our Parish Share to the Diocese in part is charitable, as it enables other parishes in the diocese to function in their communities and perform their own charitable functions.

The Church Hall was again ably led by our Hall Manager whose title has changed to Church Buildings Manager. His dedication and hard work made the Hall “Virus Safe” in accordance with government guidelines. He has made many improvements to the Hall and rearranged the Hall Office now that the Risograph Printer has been returned. The Hall Rentals fell to £2,972 from £7,721 for 2019 due to being unable to open as normal. This caused a Loss of £2,695.

The Financial Outlook for 2021 is again affected by the Pandemic closing the church activities down drastically. If we can only rely on the Parish Giving Scheme and Standing Order Offerings total £4.5K per month, against a regular outlay of £2.5K per month, then we shall be £4K per month short in paying our Parish Share of ££6.6K. We will be able to pay the full Parish Share until March 2021, from then on it will be paid piecemeal as and when. Our Bond Reserves have £55K available to the PCC which would last 14 months if used. We would then have to consider if St Michaels Church can carry on functioning. Once the Church is allowed to operate again, we need to uplift our Fundraising activities and also increase our use of the Parish Giving System which is now able to be joined On-Line as well as by telephone.

Reserves Policy - 2020

We can only have a Reserves policy if we have sufficient income to more than cover our outlay. Therefore, the only Reserves we have to call upon are represented by the Investment Bond value. It is presently worth £67K of which £12K is an Endowment, leaving £55K as PCC Reserves.

Funds Available

The Notes to the Financial Statements, Page 2-13 show that PCC Unrestricted Fixed and Current Assets total some £84K. i.e. (The Aberdeen Multi-Manager Ethical Bond of £55K + Unrestricted net Current Assets £16K + Designated Deposit Balance of £13K). Therefore, the available “Free Funds” after allowing for Reserves as above is £29K, of which the Debtors account for £4K of the total monies still due in 2021 from HMRC re Gift Aid tax claims, giving an actual funds available figure of £25K as at 31 December 2020. (The Parish Share alone costs £6,596 per month which will be paid out the next day, leaving £18,500 available for 2021 ).

Financial Plans for the Future

The PCC are taking an active part in the future plans laid out by the Ormskirk Parish Deanery to grow our Churches. We intend to continue promoting the activities of The Friends of St Michael and to promote the use of Legacies. Brian DeVonald – PCC Treasurer.

RISK MANAGEMENT 2020

Finance

The PCC acted as Financial Agent for the following people/organisations:

Liverpool Diocesan Board of Finance re: Clergy Fees.

Fees for Bell Ringers, Organists, Vergers and Choir at Weddings.

Fees for Organists, Vergers, and Grave Diggers at Funerals.

Special Collections for :

Children’s Society, Compassion Child Sponsors, Litherland Schools Clothes, Salvation Army Clothes, Skelmersdale Food Bank, Traidcraft.

Financial Risk Rating:

High impact x Low likelihood = Medium Risk

Our Reserves of £55K is available for any emergencies and maintenance required under the Quinquennial Inspection work to be done in 2021; especially as the Friends of St Michael have accumulated funds of £25K to help towards Church Fabric.

The church funds are held on current account with Santander Bank, and on call with the C of E Central Board of Finance. The existing £50K Ethical Investment Bond now valued at £67K, is run by Standard Aberdeen Multi-Manager Ethical Investments, and is regarded as holding the Reserves plus the £12K Miss Holmes Endowment. This is considered to be an appropriate and safe spread. Cash is kept in the Church safe (for short periods of time), no loose cash is left in the Church. All Plate and Envelope Donations are counted under Dual Control. All valuables are kept in a wall-safe, which itself is kept in the locked Vestry room, the keys of which are held by appointed persons.

Brian DeVonald - PCC Treasurer

Operational Risk Rating:

High impact x Low likelihood = Medium Risk

Should the Church building be unusable, services can be held in the Church Hall, which is situated on the opposite side of Church Lane to the Church buildings. A locked Hall Office will serve as a place to count monies and store valuables temporarily.

The Annual Report for the year 2020 was approved by the PCC on 25[th] March 2021 and signed on its behalf by:

Rev. Andrew Housley.

ST. MICHAEL'S CHURCH - AUGHTON

Annual Report

and

Financial Statements

of the

Parochial Church Council

For the year ended 31[st] December 2020

Incumbent Rev. A. Housley The Rectory 10 Church Lane Aughton, Ormskirk Lancashire L39 6SB Bankers Santander Bridle Road Bootle Merseyside L30 4GB Independent Mr. I. Mooney Examiner 14 Kingsbury Court Skelmersdale Lancashire 6 Bridgeman Terrace Wigan Lancashire WN1 1SX

. Architects Anthony Grimshaw Associates

The Parochial Church Council of the Ecclesiastical Parish of St Michael, Aughton, Liverpool Registered Charity No 1128623

Page 2 - 1

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON STATEMENT OF FINANCIAL ACTIVITIES .

(All values to the nearest £)For the year ended 31st December 2020.	(All values to the nearest £)For the year ended 31st December 2020.	(All values to the nearest £)For the year ended 31st December 2020.	(All values to the nearest £)For the year ended 31st December 2020.	(All values to the nearest £)For the year ended 31st December 2020.
Code	General Designated Restricted			Endowment Total Funds
	Funds Funds		Funds	Funds 2020 2019
INCOMING RESOURCES
Voluntary Income 2a	75017 23478		7072			105567 88500
Fund Raising Activities 2b	355	-	-			355 1716
Income from Investments 2c	-	42	126			168 284
Statutory Fees 2d	4878	-	-			4878 10004
Church Activities Income 2e	3420	-	3870			7290 23330
Other Incoming Resources 2f	Nil	-	1814			1814 1764
TOTAL INCOMING RESOURCES	83670 23520		12882			0 120072 125598
RESOURCES USED.
Cost of generating 3a	-	-	5			5 319
Voluntary Income/Funds
Mission/Charitable Giving 3b	100	-	1328			1428 1316
Church Activities 3c	113242	-	6530			119772 132062
Major Capital Expenditure 3d	100	-	2286			2386 1082
Other Outgoings3e	Nil	-	-			- Nil Nil
TOTAL RESOURCES EXPENDED	113442 0		10149			0 123591134779
NET INCOMING/OUTGOING	(29772) 23520		2733			0 (3519) ( 9181)
RESOURCES BEFORE OTHER
RECOGNISED GAINS & LOSS
Excess Cr Funds over book entries	314	-	-		-	314 (198)
GAINS/(LOSSES) ON INVESTMENTS
Realised	-	-	-		-	- -
Unrealised Investment Bond Gain	8902	-	-		-8902 12552
NET RESOURCES FOR YEAR	(20556) 23520		2733	NIL 5697 3173
TRANSFER BETWEEN FUNDS24401 (21931)			(2470)		-	NIL NIL
(Un-Restricted & Designated Funds
Transferred to Restricted Funds to cover
Repairs & Maintenance See Page 2–13 (Net assets)
NET MOVEMENT IN FUNDS	3845 1589		263	NIL 5697 3173
BALANCES B/FWD 1/1/2019	66730 11479		310201	12000 400410 397237
						_
BALANCES C/FWD AS AT	70575 13068		310464	12000 406107 400410
31st DECEMBER 2020

The Notes on Pages 2 - 4 to Page 2 - 25 form part of these Accounts.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

….

BALANCE SHEET AS AT 31[ST] DECEMBER 2020.

(All values to the nearest £)

Note 2020	Note 2020	Note 2020	2019
FIXED ASSETS.
Tangible	5a	273799	273799
Investment	5b	67275	58373
	341074	341074	341074 332172
CURRENT ASSETS.
Debtors	6a	3900 6360	3900 6360
Bank Accounts	6	62077	63132
		65977	69492
LIABILITIES
Creditors - amounts falling
Due within one year.	7	( 944)	(1254)
		______	__ ____
NET CURRENT ASSETS/LIABILITIES		65033	68238
TOTAL NET ASSETS		406107	400410
PARISH FUNDS
Unrestricted	9 70575 66730	9 70575 66730	9 70575 66730
Designated	9	13068 11479	13068 11479
Restricted	9 310464 310201	9 310464 310201	9 310464 310201
Endowment	9	12000	12000
		406107	400410

Approved by the Parochial Church Council on 25th March 2021 and signed on its behalf by:-

Rev Andrew Housley

Mr Anthony Bearon

The Notes on Pages 2 - 4 to Page 2 - 25 form part of these Accounts.

Page 2 - 3

INDEPENDENT EXAMINERS REPORT (SORP 2015) to the PCC of St. Michael, Aughton For the year ended 31[st] . December 2020 ,

as set out on pages (2-1) to (2-25) of the Annual Report.

Respective responsibilities of Trustees and Examiner

The PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.

Basis of independent Examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with my examination, no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that in, any material respect: Accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

• N/A

March 2021.

PAROCHIAL CHURCH COUNCIL OF ST MICHAEL - AUGHTON Page 2 –4 NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31st December 2020 .

Accounting Policies .

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005.

The financial statements have been prepared under the historical cost convention except for 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.

Funds .

Endowment Funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used as either restricted or unrestricted funds depending upon the purpose for which the endowment was established. The Endowment Funds are now part of the Aberdeen Investment Bond.

Restricted funds represent (a) income from trusts or endowments which 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. Where there is no separate investment, interest is apportioned to individual restricted funds on an average balance basis.

Designated Funds are Unrestricted Funds which the PCC has decided to distinguish apart from other monies so that they may be used for special ongoing purposes from time to time. These funds can be reallocated for any other purpose at any time as the PCC sees fit. Where there is no separate investment, interest is apportioned to individual designated funds on an average balance basis.

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Incoming Resources.

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Accrual is made for the Tax Refund due on that part of Gift Aid monies which is not received via the Parish Giving Scheme, from 6[th] April to 31st December annually. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, as is Interest. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources Expended.

Grants and donations are accounted for when paid over, or when awarded, if that reward creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is recognised when it is incurred and is accounted for gross.

Fixed Assets.

Consecrated and benefice property is not included in the accounts with s.96 (2)(a) of the Charities Act 1993. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred. Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Current Assets

Amounts owing to the PCC at 31[st] . December in respect of fees, rents or other income are shown as debtors less provisions for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at a Bank.

Investment s

Investments are valued at market value at 31[st] . December

	PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL –AUGHTON Page 2 - 5	PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL –AUGHTON Page 2 - 5	PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL –AUGHTON Page 2 - 5	PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL –AUGHTON Page 2 - 5
NOTES TO THE FINANCIAL STATEMENTS(Cont)for the year ended 31st December 2020.
2. INCOMING RESOURCES General Designated Restricted				Endowment Total Funds
Code/Note All values to the nearest £ Funds Funds			Funds	Funds 2020 2019
2a	Voluntary Income
1	Planned Giving:Gift Aid s/o	11235 (16)		11235 12645
1	Planned Giving:Gift/A Env.	3093 (15)		3093 5880
1	Planned Giving:- PGS G/A	32972 (44)		32972 27722
1	FRIENDS Gift Aid Subs	- (45) -	2775	2775 3415
2	FRIENDS Non-Gift Aid Subs - (12) -		460	460 630
2	Planned Giving:- PGS NonG/A 2612 (05)			2612 254
2	Other Env. Non Gift Aid	490 (05)		490 501
3	Gift Aid – One Off Env.	61 (05)		61 384
3	Collections (Open Plate)	3020		3020 10801
4	Annual Gift DayGift Aid	2330		2330 1655
4	Annual Gift Day- Non G/A	150		150 230
4	Donation Gift Aided	2125 -	-	2125 791
4	Donations Ch.& Child Spons	3660	1018	4678 5528
4	Donations Hall-Major Repairs -		1475	1475 -
6	Tax Recoverable	4711	- 694	5405 6192
6	Tax Recoverable via PGS	8243		8243 6931
6a	Taxre Small Donation Scheme	315		315 2000
7	Legacies (Church)	- 23478 -		23478 -
8	Grants-Graveyard-Aughton PCC - 500			500 500
8	Grants-Graveyard-Aughton Charities - 150			150 150
		75017234787072		105567 88500
2b	Fund Raising Activities
9	Christmas Fair Donations	355 -	-	355 1716
9	Almshouses Garden Party	-		- -
		355 NIL NIL		355 1716
2c	Income from Investments
10	Bank Interest - Church	- 42 126		168 263
10	- School Gov.	- - -		- 21
		- 42126		168283
2d	Statutory Fees
11	P C C Church Fees	4878		487810004
0
2e	Income from Church Activities
12	Book Stall	-		- -
12	Card Stall	-		- 57
12	Church Hall - Hire	2972		2972 7721
12	Church Hall - Donations	264		264 895
12	Church Magazine	5		5 373
12	Jam Stall	134		134 87
12	Small Photocopier Receipts	18		18 10
12	Trading Account	27		27 25
12	FRIENDS of St Michael	--	1246	1246 4000
12	St Michaels Social Group		954	954 7806
12	Wednesday Fellowship	-	270	270 956
12	School Governors	-	1400	1400 1400
		3420-	3870	729023330
2f	Other Incoming Resources
13	Share Rectory by Holy Trinity	nil -	1814	-1814 1764
TOTAL INCOMING RESOURCES 8367023520			12882	0120072 125520

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 6 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020 .

3. RESOURCES EXPENDED

Funds Funds Funds Funds 3aCosts of Generating Voluntary Income & Funds 17 Children’s Fund - - 17 Christmas Fair - - 17 Christmas Party - - 17 Int. paid to Child Sponsorship 5 17 Regular Giving Envelopes - - 17 Trading Account - - Total 3a NIL NIL 5 3bMission & Charitable Giving: 18Overseas Missionary Societies- - 18Overseas Relief / Dev Agencies- 1328 18Home Mission & Other Churches100 - 18Secular Charities -- Total 3b 1001328 3cChurch Activities 19 Parish Share 78358 20 Salaries/ (Church) 5321 21 Rectors Expenses 537 21 Rectory Costs 3915 21 Visiting Clergy 16 22 Parish Training & Mission Ops 51 22 23a Church Running Expenses 694 23a Administration &Governance 8526 23a Small Photocopier Costs - 23a Upkeep of Churchyard 650 3431 23a Upkeep of Services 478 23b Church Maintenance & Fabric 1210 23c Church Insurances 3904 24 Church Utility Bills 3044 25 Card Stall 79 25 Church Hall - Operating Costs 4467 25 Church Hall – Maint/Repairs 1365 25 Magazine Costs 627 25 FRIENDS of St M –Event Expenses nil 25 St Michael’s Social Group - 2273 25 St Michael’s Youth Club - - - 25 Wednesday Fellowship - - 330 25 School Governors - - 474 Total 3c 113242 - 6530 3d Major Capital Expenditure 27 Church Page (2 – 19) - - 811 - 28 Hall Major Repairs Page(2-14) 100-1475- Total 3d100- 2286- TOTAL RESOURCES EXPENDED113442-10149NIL	Funds Funds Funds Funds 3aCosts of Generating Voluntary Income & Funds 17 Children’s Fund - - 17 Christmas Fair - - 17 Christmas Party - - 17 Int. paid to Child Sponsorship 5 17 Regular Giving Envelopes - - 17 Trading Account - - Total 3a NIL NIL 5 3bMission & Charitable Giving: 18Overseas Missionary Societies- - 18Overseas Relief / Dev Agencies- 1328 18Home Mission & Other Churches100 - 18Secular Charities -- Total 3b 1001328 3cChurch Activities 19 Parish Share 78358 20 Salaries/ (Church) 5321 21 Rectors Expenses 537 21 Rectory Costs 3915 21 Visiting Clergy 16 22 Parish Training & Mission Ops 51 22 23a Church Running Expenses 694 23a Administration &Governance 8526 23a Small Photocopier Costs - 23a Upkeep of Churchyard 650 3431 23a Upkeep of Services 478 23b Church Maintenance & Fabric 1210 23c Church Insurances 3904 24 Church Utility Bills 3044 25 Card Stall 79 25 Church Hall - Operating Costs 4467 25 Church Hall – Maint/Repairs 1365 25 Magazine Costs 627 25 FRIENDS of St M –Event Expenses nil 25 St Michael’s Social Group - 2273 25 St Michael’s Youth Club - - - 25 Wednesday Fellowship - - 330 25 School Governors - - 474 Total 3c 113242 - 6530 3d Major Capital Expenditure 27 Church Page (2 – 19) - - 811 - 28 Hall Major Repairs Page(2-14) 100-1475- Total 3d100- 2286- TOTAL RESOURCES EXPENDED113442-10149NIL	Funds Funds Funds Funds 3aCosts of Generating Voluntary Income & Funds 17 Children’s Fund - - 17 Christmas Fair - - 17 Christmas Party - - 17 Int. paid to Child Sponsorship 5 17 Regular Giving Envelopes - - 17 Trading Account - - Total 3a NIL NIL 5 3bMission & Charitable Giving: 18Overseas Missionary Societies- - 18Overseas Relief / Dev Agencies- 1328 18Home Mission & Other Churches100 - 18Secular Charities -- Total 3b 1001328 3cChurch Activities 19 Parish Share 78358 20 Salaries/ (Church) 5321 21 Rectors Expenses 537 21 Rectory Costs 3915 21 Visiting Clergy 16 22 Parish Training & Mission Ops 51 22 23a Church Running Expenses 694 23a Administration &Governance 8526 23a Small Photocopier Costs - 23a Upkeep of Churchyard 650 3431 23a Upkeep of Services 478 23b Church Maintenance & Fabric 1210 23c Church Insurances 3904 24 Church Utility Bills 3044 25 Card Stall 79 25 Church Hall - Operating Costs 4467 25 Church Hall – Maint/Repairs 1365 25 Magazine Costs 627 25 FRIENDS of St M –Event Expenses nil 25 St Michael’s Social Group - 2273 25 St Michael’s Youth Club - - - 25 Wednesday Fellowship - - 330 25 School Governors - - 474 Total 3c 113242 - 6530 3d Major Capital Expenditure 27 Church Page (2 – 19) - - 811 - 28 Hall Major Repairs Page(2-14) 100-1475- Total 3d100- 2286- TOTAL RESOURCES EXPENDED113442-10149NIL	Funds Funds Funds Funds 3aCosts of Generating Voluntary Income & Funds 17 Children’s Fund - - 17 Christmas Fair - - 17 Christmas Party - - 17 Int. paid to Child Sponsorship 5 17 Regular Giving Envelopes - - 17 Trading Account - - Total 3a NIL NIL 5 3bMission & Charitable Giving: 18Overseas Missionary Societies- - 18Overseas Relief / Dev Agencies- 1328 18Home Mission & Other Churches100 - 18Secular Charities -- Total 3b 1001328 3cChurch Activities 19 Parish Share 78358 20 Salaries/ (Church) 5321 21 Rectors Expenses 537 21 Rectory Costs 3915 21 Visiting Clergy 16 22 Parish Training & Mission Ops 51 22 23a Church Running Expenses 694 23a Administration &Governance 8526 23a Small Photocopier Costs - 23a Upkeep of Churchyard 650 3431 23a Upkeep of Services 478 23b Church Maintenance & Fabric 1210 23c Church Insurances 3904 24 Church Utility Bills 3044 25 Card Stall 79 25 Church Hall - Operating Costs 4467 25 Church Hall – Maint/Repairs 1365 25 Magazine Costs 627 25 FRIENDS of St M –Event Expenses nil 25 St Michael’s Social Group - 2273 25 St Michael’s Youth Club - - - 25 Wednesday Fellowship - - 330 25 School Governors - - 474 Total 3c 113242 - 6530 3d Major Capital Expenditure 27 Church Page (2 – 19) - - 811 - 28 Hall Major Repairs Page(2-14) 100-1475- Total 3d100- 2286- TOTAL RESOURCES EXPENDED113442-10149NIL

- 100	- -
100	-	2286
	-	10149	NIL

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 7 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020

	NOTES TO THE for the	FINANCIAL STATEMENTS(Continued) year ended 31st December 2020
4a	STAFF COSTS Sexton Duties N.I.S (Set 0ff £138) Parish Admin Work N.I.S. (Set Off £133) Pension costs Wedding Fees (Apl to Oct) Funeral Fees (Apl to Oct) Less HMRC Furlough–5562 Organist See Page (2 – 6) Code 20 Hall ManagerSalary 3741 See Page (2 –14)Admin 856 Less HMRC Furlough-2002	2020 3779 nil 3669 , nil 133 358 1689 = 4066 1255 5321 2595
		=

During the year the PCC employed a Sexton and a Hall Manager and paid for an Organist. The Sexton and Hall Manager’s income is Taxable. The Sexton also paid National Insurance. The Organist is Self Employed. The Sexton and the PCC pay into the N.E.S.T Pension Scheme. The Sexton’s and Hall Manager’s holidays were covered by the Church Wardens.

Unfortunately, due to the level of the Operational Losses over the past several years the PCC decided reluctantly to make the position of Sexton redundant, as the position was evidently unaffordable. The reduction in Income due to the Corvid 19 Virus compounded the situation. Fortunately, the PCC were able to claim Furlough payments from HMRC which covered 80% of the salaries over the Statutory Notice period which ended 29th October 2020. The Sexton received a Redundancy Payment in accordance with Employment Law.

4b PAYMENTS TO PCC MEMBERS

5. FIXED ASSETS FOR USE BY THE PCC

5a TANGIBLE ASSETS Freehold Land Church	5a TANGIBLE ASSETS Freehold Land Church	Total	Previous
(All Unrestricted) & Buildings Equipment		Year
Church Hall £	£	£	£
Actual/Deemed cost since 1/1/99 £273,799	-	£273,799 £273,799
£173799(1998)
Additions- -		-	-
Disposals - -		-	-
At 31st Dec 2020 £273,799 -		£273,799 £273,799
Depreciation nil		nil	nil
Net Book Value £273,799-		£273,799 £273,799

The freehold land & buildings comprise the Church Hall.

The Church Equipment comprising Small Photocopier, two Lap-Top Computers with one Printer, and Overhead Projector have been written off since purchase and have no value in the Accounts. The Electric Piano has been donated by use of a Legacy.

A GoodBox Core Device was purchased in June 2019 to enable Electronic Giving using payment cards. The Rioch Duplicator 5 year Lease ended Nov 2020, and has been returned in order to cut costs .

NB The Church Hall is Insured with Ecclesiastical Insurance Ltd for £812,394 from Aug 2020. (Information only:- The Church Building, not part of PCC Assets, is insured for £11,590,000)

5b INVESTMENTS Cost Gross Book Value at end of Year Aberdeen Standard Multi-Manager Unrestricted Endow Funds Ethical Bond. £50K £46,373 (31/12/19) + £12,000 = Increase in Value from 31/12/19 to 31/12/20 (+)£ 8,902 Total Investments43,767.783 Units @ 153.71p£55,275 +£12,000 =	£58373 £67,275

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 -8 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

6.	CURRENT ASSETS– Bank	CURRENT ASSETS– Bank	Accounts 2020 14086 39790 - 53876 1005 6782 414 62077
	Santander L D B F Deposit a/c Cash on Hand Social Group a/c T S B School Governors Wednesday Fellowship

6a.	ACCRUALS AND DEFERRED INCOME as at 31st	ACCRUALS AND DEFERRED INCOME as at 31st	ACCRUALS AND DEFERRED INCOME as at 31st	December 2020.
All values to the	nearest £	B’fwd. Actual	Net	Accrual Accounts
6a.Debtors.		2020		/Prepay 2020
Part Wedding Fees paid out		133 133	-	-	-
Small Donations	Tax Scheme (19/20) 2000 2000		-	-	-
Small Donations	Tax Scheme (20/21)		-	315	315
Tax Refunds Gift Aid		4227 4227 Apl/Dec’19 -		-	-
		- 1820 Jan/Apl’20	1820	3585*	5405^
		6360 8180	1820	3900	5720
*Analysis of Provisions for 2020:-
(Unrestricted)
The G/Aid Tax Refund for theCalendar year2020 is:-
		20/80ths of Gift Aided Giving	£14389	25% = £	3597
		Plus Gift Day Gift Aid	2330	25% =£	583
					4180
Other Gift Aidto be Claimed is:-
		Donations – Gift Aided	2125	25%£	531
			18844	£	4711
(Restricted)		Friends of St.M G/A Jan/Dec	£ 2775	25% =£	694
		Jan/Dec 2020 – Total Claim	21619	£ 5405^
ACCRUAL		Gift Aid Due 6thApril 2020–31stDecember 2020
		Full Calendar year Gift Aid Donations		= £21619
		Less Jan/Apl received £1820 x	4 =£ 7280
		Remainder @ 25% x		£14339 = £	3585*

( 6/4/2020 to 31/12/ 2020)

General Gift Aid on £10171 = £2543 Friends (Restricted) on £ 2235 = £ 559 Other Donations on £ 1933 = £ 483 Total £14339 = £3585*

6a. Debtors. Pages (2-2) & (2-13) 2020

Income Tax Claim Restricted 694 Restricted

2019

1051 Restricted

Income Tax Claim Not Restricted 2891 3176 Small Donations Scheme (2017) - -

Small Donations Scheme (2019) 315 2000

3900 6360

Page 2 – 9 PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

ACCRUALS as at 31[st] December 2020.

All values to the nearest £ B’fwd. 7.Liabilities. Child Sponsorship (Restricted) 1254 - - 1254	Actual 2020 1333 (-5)Int 1328 - - 1328	Net 74 - - 74

Analysis of Provisions (Accruals) for 2020 :-

Child Sponsorship Fund represents the aggregate of monies paid in by some members of the congregation and payments are made by Direct Debit to the charity “Compassion UK”. This charity looks after the welfare of, and supports four overseas children. The Accrual of £944 is the end of year balance of the Fund, which includes interest of £5 added by St Michaels Church, apportioned from the interest earned on the LDBF deposit account.

7.Liabilities. Pages (2-2) & (2-13) Creditors for goods and services Other creditors (Non Restricted) Other creditors (Restricted)	2020 - - 944 944	2019 - - 1254
		1254

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 10 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31[st] December 2020. 8.Notes re PCC Designated Funds, Restricted Funds and the Endowment Funds (Page 2-10/13)

The PCC Designated Funds

Consist of Legacies and the Mission Opportunities Fund. The Legacy’s opening balance for 2020 of £9,1137 has benefited by a Legacy of £20K which was nearly all used to pay arrears of the Parish Share. The balance at year end is £9,586. The Mission Ops fund of £2,341 was all used to offset PCC bills A further Legacy of £3.5K is being held on current a/c pending expenditure on electronic equipment. All the rest of these Funds are held as part of the cash balance of the Liverpool Diocesan Board of Finance Deposit account, and these balances are shown as Designated Funds on the Balance Sheet.

The Restricted Funds

Consist of the Church Hall valuation; the Friends of St Michael Funds, the Wednesday Fellowship Funds, the Social Group Funds plus St Michael’s School and parts of the LDBF Deposit a/c. The LDBF Deposit a/c holds all the Restricted balances of the Child Sponsorship monies ; the Children’s Fund; St Michaels Youth Club; the Mothers Union; and the Choir Funds. The income and expenditure of these PCC groups, which Accounts are shown below or at the end of these Annual Reports, is added as Restricted turnover to the PCC Income and Expenditure accounts.

The Friends of St Michael (a sub section of the PCC) opening balance of £24,402 has increased to £25,466 after paying £4,242 out for Church Fabric and Churchyard maintenance costs. This was enabled by the automated annual subscriptions. Only one Bridge Dive was held in 2020 due to the Corvid -19 Virus preventing the holding of various other fund raising functions throughout the year.

The Endowment Monies

Which require the Capital to remain intact consist of the Miss Holmes Legacy – £12000. The interest is used for General Maintenance. The Endowment Fund is now part of the Investment Bond, see Page (2-7). The Bond Value now represents our Reserves and the Endowment Fund.

	Income FUND MOVEMENTS Expenditure Child Sponsorship (Restricted) Balance brought forward 1254 Compassion Direct Debits:- 12 mths Donations SeePage (2-13) 9A 1018 LessInterest Earned from LDBF See part Donations Page (2-5) Code 4 Net Funds paid(Page 2-6 3b) Balance carried forward 2272 (See Liability Accruals Page 2-9) Children’s Fund (Restricted) Balance b/fwd:- 1234 Books Interest (LDBF) 5 1239 Easter Eggs & Sweets Donations SeePage (2-13) 9A nil (Page (2-6) 3a -17) Balance (c/fwd) 1239 St Michael’s Mothers Union (Restricted) Balance b/fwd for Banner Repairs Fund 60.30 Interest (LDBF) .26 Balance carried forward 60.56 St Michael’s Youth Club (Restricted) Balance brought forward 768 Interest (LDBF) 3 Balance carried forward 771 St Michael’s Choir Fund (Restricted) Balance brought forward 232 Interest (LDBF1Balance carried forward 233	Income FUND MOVEMENTS Expenditure Child Sponsorship (Restricted) Balance brought forward 1254 Compassion Direct Debits:- 12 mths Donations SeePage (2-13) 9A 1018 LessInterest Earned from LDBF See part Donations Page (2-5) Code 4 Net Funds paid(Page 2-6 3b) Balance carried forward 2272 (See Liability Accruals Page 2-9) Children’s Fund (Restricted) Balance b/fwd:- 1234 Books Interest (LDBF) 5 1239 Easter Eggs & Sweets Donations SeePage (2-13) 9A nil (Page (2-6) 3a -17) Balance (c/fwd) 1239 St Michael’s Mothers Union (Restricted) Balance b/fwd for Banner Repairs Fund 60.30 Interest (LDBF) .26 Balance carried forward 60.56 St Michael’s Youth Club (Restricted) Balance brought forward 768 Interest (LDBF) 3 Balance carried forward 771 St Michael’s Choir Fund (Restricted) Balance brought forward 232 Interest (LDBF1Balance carried forward 233	1333 5 1328 944 2272 - - nil 1239 1239 - 60.56 60.56 - 771 771 233 233
		Balance b/fwd for Banner Repairs Fund Interest (LDBF) St Michael’s Youth Club (Restricted) Balance brought forward Interest (LDBF) St Michael’s Choir Fund (Restricted) Balance brought forward Interest (LDBF

Page 2 – 11

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

8. Notes re PCC Designated Funds, the Restricted Funds and the Endowment Funds:-

FUND MOVEMENTS (Continued

Income
Expenditure
FRIENDS OF ST MICHAEL (Designated)
Balance brought forward 24402
Coffee Morning + Speaker

Interest (LDBF)
11124513Page (2-6) 3c Code (25)

Tax Claims Recv’d in 2020
714
25227 Church Boiler Repairs
Bridge Mornings x 1 946
Church Tower- Clock Service
Coffee Morning + Speaker -

Chocolatier Event
-
Page (2-19) Major Capital Expend.
Donations (from Bell Ringers)300 1246Graveyard Bin Waste(Page2-15)
Page (2-5) 2e Codes (12)
Graveyard Grass Cutting(Page2-15)
Membership Subs for yr (Non G/A)460

Membership Subs for yr (G/A)2775
TOTAL Expenditure

Page (2-5) 2a Codes (4)

TOTAL Income – other sources4481
Balance carried forward
29708*

-
nil
651
160

811
1321
2110

4242
25466
29708

LEGACIES (PCC Designated) Balance b/fwd:- 9137 Interest (LDBF) 39 9176 Mr Roy Thompson 20000 Mrs Kath Thomas 3478 23478 Page (2-5) 2a Codes (7) 32654

Re-designated to PCC General Funds 19589 - Balance (c/fwd) LDBF d/a 9587 32654

Mission Opportunities Fund PCC(Designated)	Mission Opportunities Fund PCC(Designated)
Balance brought forward 2341		Re-designated to PCC General Funds 2341
Interest (LDBF)3	2344
		Balance c/fwd3
	2344	2344

Page 2 - 12

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

8. Notes re PCC Designated Funds, the Restricted Funds and the Endowment Funds:-

FUND MOVEMENTS (Continued) Page (2-6) 3b Code (18)

FUND MOVEMENTS(Continued) Page (2-6) 3b Code (18) (All values to the nearest £) Code Unrestricted Restricted Funds Funds 18 Overseas Mission Bible Society nil - C M S nil - Leprosy Mission nil - U S P G nil - nil nil 18 Christian Relief and Development Agencies Child Sponsorship via - 1333 Tear Fund/Compassion nil 1333 18 Home Missions and Church Societies Children’s Soc. Boxes & Crib Service - Church Army - - Church Urban Fund - - Churches Together 100 - 100 nil 18 Secular Charities Alzheimers Dementia Research - Cystic Fibrosis - - Litherland School Clothes - - Leukaemia & Myaloma - - Stroke Association - - nil nil Totals 1001333	FUND MOVEMENTS(Continued) Page (2-6) 3b Code (18) (All values to the nearest £) Code Unrestricted Restricted Funds Funds 18 Overseas Mission Bible Society nil - C M S nil - Leprosy Mission nil - U S P G nil - nil nil 18 Christian Relief and Development Agencies Child Sponsorship via - 1333 Tear Fund/Compassion nil 1333 18 Home Missions and Church Societies Children’s Soc. Boxes & Crib Service - Church Army - - Church Urban Fund - - Churches Together 100 - 100 nil 18 Secular Charities Alzheimers Dementia Research - Cystic Fibrosis - - Litherland School Clothes - - Leukaemia & Myaloma - - Stroke Association - - nil nil Totals 1001333	FUND MOVEMENTS(Continued) Page (2-6) 3b Code (18) (All values to the nearest £) Code Unrestricted Restricted Funds Funds 18 Overseas Mission Bible Society nil - C M S nil - Leprosy Mission nil - U S P G nil - nil nil 18 Christian Relief and Development Agencies Child Sponsorship via - 1333 Tear Fund/Compassion nil 1333 18 Home Missions and Church Societies Children’s Soc. Boxes & Crib Service - Church Army - - Church Urban Fund - - Churches Together 100 - 100 nil 18 Secular Charities Alzheimers Dementia Research - Cystic Fibrosis - - Litherland School Clothes - - Leukaemia & Myaloma - - Stroke Association - - nil nil Totals 1001333	Total 2020 nil nil nil nil nil 1333 1333 - - - 100 100 - - - - -	Total 2019 nil nil nil nil nil 1225 1225 - - - 100 100 - - - - -	Total 2019 nil nil nil nil nil 1225 1225 - - - 100 100 - - - - -
					416 833 2465 - -
	nil Totals 100	nil 1333	nil 1433	nil 1325 £3714

NB:- The Unrestricted funds were monies donated by the PCC from the Church funds to various charities. This year the PCC again decided, on the Treasurer’s advice, that as we must continue to ensure full payment of our Parish Share (£78,358 p.a), we cannot afford to pay any more Charity Gifts until we are breaking even. without relying on the Investment Bond increases. We cannot continue making operational losses every year, hoping they will get covered by increases in Investment Bond value or by Legacies. Even so our Cash Resources decrease every year as the Bond Capital hopefully increases.

The Corvid Lockdown has reduced our Income both in Plate Collection receipts and Fund-raising events.

The PCC has requested various in-house groups of St Michaels to sponsor one of the Charities above, by means of small regular donations or by other means which have proved successful as shown above. The Child Sponsorship is donated money paid by Direct Debit to “Compassion UK” re four overseas children. The Contra Payments are monies (£3,864 in total) collected by the Parishioners for special charity fund raising events, and are not part of the Church Accounts.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 13

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

9. ANALYSIS OF NET ASSETS BY FUND.

(All values to the nearest £)(UNRESTRICTED) General Designated Funds Funds Fixed Assets PCC Aberdeen M-M Ethical Bond 55275 Church Hall (since1999) 55275 Current Assets PCC Santander 10608 3478 L D B Finance 1486 9590 Social Group Wednesday Fellowship	(All values to the nearest £)(UNRESTRICTED) General Designated Funds Funds Fixed Assets PCC Aberdeen M-M Ethical Bond 55275 Church Hall (since1999) 55275 Current Assets PCC Santander 10608 3478 L D B Finance 1486 9590 Social Group Wednesday Fellowship	(All values to the nearest £)(UNRESTRICTED) General Designated Funds Funds Fixed Assets PCC Aberdeen M-M Ethical Bond 55275 Church Hall (since1999) 55275 Current Assets PCC Santander 10608 3478 L D B Finance 1486 9590 Social Group Wednesday Fellowship	RESTRICTED ENDOWMENT Funds Funds 2020 - 12000 67275 273799 273799 273799 12000 341074 - 14086 28714 Nil 39790 1005 1005 414 414	RESTRICTED ENDOWMENT Funds Funds 2020 - 12000 67275 273799 273799 273799 12000 341074 - 14086 28714 Nil 39790 1005 1005 414 414	RESTRICTED ENDOWMENT Funds Funds 2020 - 12000 67275 273799 273799 273799 12000 341074 - 14086 28714 Nil 39790 1005 1005 414 414	RESTRICTED ENDOWMENT Funds Funds 2020 - 12000 67275 273799 273799 273799 12000 341074 - 14086 28714 Nil 39790 1005 1005 414 414	RESTRICTED ENDOWMENT Funds Funds 2020 - 12000 67275 273799 273799 273799 12000 341074 - 14086 28714 Nil 39790 1005 1005 414 414
				Funds - 273799 273799 - 28714 1005 414

Total PCC Current Assets PCC Debtors PCC Liabilities	12094 3206 (nil)	13068			30133 694 ( 944)	NIl	55295 3900 ( 944)
Net PCC Current Assets School Governors. TSB Account	15300	13068			29883 6782	Nil	58251 6782
TOTAL NET	70575	13068	310464			12000	406107

9A. ANALYSIS OF DONATIONS – VOLUNTARY INCOME -Page (2-5) 2a Code 4

UNRESTRICTED RESTRICTED

Child Sponsorship Donations Church Flower Donations Funeral Donations Ecclesiastical Policy sale bonus Santander Bonus re a/c transfer Social Committee re Lychgate repair Personal Donations (13) Numerous Donations (14) Electronic via Card Reader (Goodbox) Electronic via Website (SumUp) Total		- 1018 76 305 130 1000 - 1475 1360 620 137 32	1725 (12) G/Aid (Not Restricted) 400 (5) G/Aid (Not Restricted) 2125 G/A Donations
		3660 + 2493= 6153 + Donations =£8278)

Page 2 -14

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

10. ANALYSIS OF INCOME FROM CHURCH ACTIVITIES - - PAGE (2 5) 2e/12 AND PAGE (2 6) 3c/25

Church Hall Account

	INCOME 2019 2020 Donations for Heat & Light:- 64 Allotment Society - - Bible Study Group 45 - Choir Fees Donated - - Choir Donation - 30 Ladies Breakfast - 701 Sunday Catering 119 100Wednesday Fellowship100 895(Code 2e -12)Sub Total 264 Donations for Maintenance Work - Per Social Group 1475 - - nil 1475 Hall Hire:- 962 Art Class 377 1092 Art Lessons 312 137 Away Days - 600 Embroidery Class 150 182 Emma Jones - - German Lessons 78 608 Ormskirk Pilates 169 553 Parkinson’s Society 345 --780 Tai Chi Class 377 1553 U3A – Table Tennis 683 208 U3A – Botany 104 546 Yoga Flow Class 208 260Private Parties 169 7721 (Code 2e-12)Sub Total 2972 8616 Total Income 4711 60EXCESS EXPEND2695 8676 7406	2019 4580 1068 1000 318 165 7131 - - nil 77 192 5 30 11 67 343 32 208 - 333 26 - 66 14 - 77 14 50 1545 8676 8676

Page 2 -15

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

10a. ANALYSIS OF CHURCH ACTIVITIES PAGE (2-5) CODES 2a , 2b & 2e - AND (PAGE (2 6) 3a & 3c

INCOME

EXPENDITURE

2a Code	(8) and 3c Code (23a)	Churchyard Account	Churchyard Account
2019		2020	2019		2020
500	Parish Coun.Grant	500	2760	Grass Cutting	2760
150	Aughton Charities Grant150		5	New Tap	-
650	Grants Received 2020	650	1207	Waste Bin Contract	1321
2760	Per Friends St M.	3431			4081
562	DEFICIT (2019)	nil	-	Surplus (2020)	nil
3972		4081	3972		4081
2e Code	(12) and 3c Code (25)	Card Stall Account
57	Sales 2020	Nil	70	Purchases 2020	79
2e Code	(12) and 3c Code (25)	Trading	Account
25	Sale of Tea Towels	27	nil	Purchase Tea Towels etcnil
2e Code (12) and 3c Code (25)		Magazine Account
23	Donations	5	346	Rioch Copier ½ Rental 247
350	Adverts	nil	267	Ricoh “ ½ Copies 302
373	Code (2e-12)	5	94	Ricoh ½ Paper	78
	(Copier returned Oct 2020		-	Rioch Staples	-
	Magazine now OnLine)		520	Print Dec. Issue	nil
854	Excess Expenditure	622	-
1227		627	1227	Code (3c-25)	627

ST. MICHAELS CHRISTMAS PARTY 2020 Income £ Expenditure £ (NOT HELD) NIL NIL

Page 2 -16

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

(All values to the nearest £)

11. ANALYSIS OF STATUTORY FEES

PCC CHURCH FEES Page (2-5) 2d - Code 11

2019 2008 306 240 240 2794 6440 840 7280 10074 Code 19 Code 21 Code 21 Code 21	INCOME EXPENDITURE 2020 2019 Weddings P C C 448 Banns &Wed/Cert 48 Heat & Light 40 70 Video Video NIL 536 70 Funerals P C C 4096 Heat & Light246 4342 10004 Surplus PCC Fees 4878 10074 . ANALYSIS OF CHURCH MINISTRY Various Items Page (2-6) 3c 2019 79043 Diocesan Quota Clergy Expenses:- 700 Rector – Mileage 212Telephone 912 Rectory Expenses:- 3048 Council Rates 3168 465 Water Rates451 3513 (Less ½ Costs donated H/T Bickerstaff 1814) 18 Stationery 14Rectory Inks ½ Benifice Laptop 3545 Page (2-6) Code3c-21 Visiting Clergy 114 Clergy Expenses 16 - Readers Subs -	INCOME EXPENDITURE 2020 2019 Weddings P C C 448 Banns &Wed/Cert 48 Heat & Light 40 70 Video Video NIL 536 70 Funerals P C C 4096 Heat & Light246 4342 10004 Surplus PCC Fees 4878 10074 . ANALYSIS OF CHURCH MINISTRY Various Items Page (2-6) 3c 2019 79043 Diocesan Quota Clergy Expenses:- 700 Rector – Mileage 212Telephone 912 Rectory Expenses:- 3048 Council Rates 3168 465 Water Rates451 3513 (Less ½ Costs donated H/T Bickerstaff 1814) 18 Stationery 14Rectory Inks ½ Benifice Laptop 3545 Page (2-6) Code3c-21 Visiting Clergy 114 Clergy Expenses 16 - Readers Subs -

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 -17 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

12.
Code
20

23a

23a

23b
23c

24

ANALYSIS OF CHURCH ACTIVITIES Page (2-6) 3c

Wages/Salaries
2020 Designated Restricted
T
Sexton Duties3779

N.I.S (Set 0ff £138) nil
Parish AdminWork
3669

N.I.S. (Set Off £133) nil

Pension costs 133
Wedding Fees(Apl to Oct)358

Funeral Fees(Apl to Oct)1689

LessHMRC Furlough–5562= 4066

Organists
1255

5321

Church Running Expenses
Telephone
694

694
Upkeep of Services.q
Altar Supplies/Service Books -

Candles
171
Flowers
161

Palm Crosses
-
Sunday Link Sheet
146

478

Church Maintenance & Fabric
Alarm Service 123

Boiler Service
312

Cleaning Materials
19

Chalice Repair (Donated) -
Electric Cable
19

Fire Ext. Service 342

Fire Extinguishers
84

Health & Safety Inspect 298
Keys & Locks 7
Toilet Rolls6

1210

Church Insurances
Fire Insurance 3605

Woodworm Insurance
299

3904
Church Utility Bills
Electricity 601

Gas 2068

Water
375

3044

TOTALS14651 - - 1

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2-18 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

(All values to the nearest £)

12a.

- ANALYSIS OF CHURCH ACTIVITIES Page (2 6) 3c Code 22 PARISH TRAINING & MISSION COSTS

			2020 Designated Restricted Totals	2020 Designated Restricted Totals	2020 Designated Restricted Totals	2020 Designated Restricted Totals	2019
		Advert Christmas Services	-	-	- -		138
		Adverts – School Calendar	-	-	-	-	50
		Invitation Cards	8	-	- 8		-
		Confirmation Bibles etc.		-	-	-	48
		Virus Posters	43	-	-43		-
		Page (2-6) 3c Code 22	51	-	- 51		236
		Advent Course Excess Costs	-	-	22 22		25
		Coverdale Puppets	-	-	-	-	200
		Fathers Day Beers	-	-	-	-	62
		Goodbox Device (Donated)	-	-	- -		372
		Mission Opps (Page (2-6) 3c	-22)	-	22 22		659
		Coffee & Tots – Books/Sweets -		-	-	-	55
		Junior Church– Books	-	-	- -		55
		Childrens Fund (Page (2-6)	3a -17)		NIL NIL		110
		Totals	51	-	22 73		1005
		ANALYSIS OF ADMINISTRATION COSTS Page (2-6) 3c
Code	23a		2020				2019
		Books & Ledgers	-				40
		Computer Software(Donated)	143				96
		Envelopes & Stamps	66				155
		Household items	-				16
		Ink & Pens	-				40
		Passover Food	-				25
		Redundancy Payment	6903				-
		Remembrance Day Wreaths	108
		Sundries Stationery	97229				19
		Gifts:-
		Flower Gifts (2)	4747				50
		Subs:-
		CCLI Licences	486				415
		Church Music RSCM	107				105
		LACR (Bells Subs)	10				-
		Ormskirk Deanery Subs	40				40
		Roots Web Subs	27670				26
							104
		Risograph Costs:- Ink	-				-
		Rioch Copier
		½ A4 Paper	31				93
		½ Copies	302				267
		½ Rent/Service	247 580				346
		Totals	8526				1811

Page 2 - 19

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued)

(All values to the nearest £) for the year ended 31[st] December 2020.

13.
Code 23a SMALL PHOTOCOPIER COSTS Page (2-6) 3c
2019 EXPENDITURE	2020		2019	INCOME	(Page 5)2020
20 Paper		-	10	Cash Sales	(Code 12) 18
21 Toner		-
- Excess Income 2020		18	31	Deficit 2020 -
41Total(Page 6 Code 23a) 18			41	Total	18
MAJOR CAPITAL EXPENDITURE Page				(2-6) 3d
Code 27	General	Designated		Restricted	20202019
	FundsCh. Maintenance			Funds	COST
Altar Cloth & Pulpit Drop (Donated)	NIL		-	-	NIL NIL
Sub Total	NIL		Nil	-	NIL NIL
		(Friends St. Michael)
Church Boiler repairs	-		-	651	651 -
Church Tower Clock Service	-		-	160	160 -
Clean Inside Church Windows	-		-	-	NIL 300
Church Roof Repairs	-		-	-	NIL 265
Survey of Church Electrics	-		-	-	NIL 168
Wood for Nativity Stand	-		-	-	NIL 123
New Wall Heater	-		-	-	NIL 80
Gift Aid Station Shelf	-		-	-	NIL 58
Water Heater Repair	-		-	-	NIL 53
Cable Connectors	-		-	-	NIL 35
	NIL		NIL	811	811 1082

Page 2– 20

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

ANALYSIS OF CHURCH ACTIVITIES - - Page (2 5) 2b & Page (2 6) 3a

14. ST. MICHAELS LANTERN FESTIVAL & CHRISTMAS FAIR 2020

Income from Stalls £ Expenditure £ NOT HELD Donations in Lieu of Event £355.00 Nil TOTAL Page (2-5) 2b Code (9) £355.00 TOTAL £ NIL

WEDNESDAY FELLOWSHIP ACCOUNTS 2020 (RESTRICTED)

Income £ Membership Subs. 110.00 Meeting Subs. 83.00 Sundry Donations 77.00 TOTALPage (2-5) 2e Code (12) 270.00 Excess Expenditure for 202060.00 330.00 Excess Expenditure for 2020 (60.00) Plus Surplus fwd from 31/12/19473.75 Cash at Bank 31/12/20 £413.75 Page (2-8) (6)	Expenditure £ Hall Light & Heating 100.00 Speakers 30.00 Charity Donation - Compassion 50.00 Charity Donation - Leukaemia 100.00 Gift to Sexton 50.00 TOTALPage (2-6) 3c Code (25) 330.00 Funded by:- Surplus carried forward to 2021 £413.75

Accounts Prepared by Mrs Janet Entwistle. Examined by Mr B. De Vonald. PCC Treasurer 15/1/21

Page 2 - 21

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020. ANALYSIS OF CHURCH ACTIVITIES Page (2-5) 2b & Page (2-6) 3a 14b SOCIAL GROUP ACCOUNTS

INCOME
£
Hot Pot Quiz (22/2/20)
Ticket Sales 75 @ £10.00 = 750.00
4@ £ 5.00 = 20.00
Raffle Proceeds164.00
934.00
BOOK SALES 12 Mths
20.00

TOTAL INCOME
£954.00
SURPLUS EXPENDITURE (Held in Barclays Bank)
(Expenses £1530.50 Less£191.50;£20.00)1319.00
TOTAL
£2273.00

EXPENDITURE£
Hot Pot Quiz (22/2/20)
Yummy Catering 65 @£8.00 = 640 .00
Raffle Prizes & Sweets
52.50
Quiz Master (Andy)50.00742.50
(Excess Income £191.50)
(Excess Income £20.00)
GENERAL EXPENSES:
Raffle Tkts 19.50
Stationery £5.00
Net Cost of Various items 31.00
Donation Hall Re-Decoration 1475.00 1530.50
TOTAL EXPENDITURE
£2273.00
TOTAL
£2273.00
Balance b/f 31/12/2019 £2324.43
Less 2020 Excess Expend(-)£1319.00
Barclays Bank Balance£1005.43
31/12/20

Prepared by Mrs Lynn Trelford - Social Committee Secretary. Examined by:- Brian DeVonald - PCC Treasurer

Page 2 - 22

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020. ANALYSIS OF CHURCH ACTIVITIES - - Page (2 5) 2e and Page (2 6) 3c

14c FOUNDATION SCHOOL GOVERNORS

Code 2e-12
Code 2c-10

Code 3b-22
Page 2-8
Note 6

DAY SCHOOL TRUST ACCOUNT
(Restricted)
2020
2019
Incoming Resources:-
£
£
Income from Activities:-
Aughton Pavilion Playgroup
1400
1400
Bank Interest
-
21
1400
1421
Resources Used:-
Operating Costs:-
School Altar
- -
Land Rent 2020 (No Invoice received)
-
-
Insurance
399
397
Pre-School Repairs:-
Two Fire Doors-Maple Leaf Contrs.
-
1950
Ramp Repairs-Construction North
-
300
Bibles for Childen 75
-
School Expenses:-
-
-
-
Total Expenditure
4742647
Net Income/(Outgoings)
926
-(1226)
Balance from previous year
5856
7082
Balance as at 31stDecember 2020
6782
5856
Funded By:-
Lloyds/TSB Cheque account
6782
5856

Accounts prepared by:-
Mrs Janet Smith
Accounts examined and found correct by:-
E.B.DeVonald
PCC Treasurer
20th January 2021

Page 2 - 23

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31[st] December 2020.

15. Bank Reconciliation as at 31st December 2020.	15. Bank Reconciliation as at 31st December 2020.	15. Bank Reconciliation as at 31st December 2020.
BANK A/C's AS AT 1/1/2020	Net C/A& D/A	£ 14,857.28
	Per Year End A/c's
LEDGER INCOME to Date	31-Dec-20	£135,515.42
		£150,372.70
LESS
LEDGER EXPENDITURE to	31-Dec-20	£(136,286.21)
BANK BALANCEAS AT :-	31-Dec-20	£ 14,086.49
PER BANK STATEMENTS:-
	C/A £ 14,374.66
AS AT 31-Dec-19	D/A £-	£ 14,374.66
PLUS CREDITS NOT POSTED;- 30/12/2020		£-
00
		£ 14,374.66
LESS CHEQUES NOT PRESENTED:
On Line £261.17		£ ( 288.17)
On Line £ 17.00		£ 14,086.49
On Line£ 10.00
£ 288.17
LEDGER BALANCE AT 31st December 2019		£ 14,086.49
Page (2-8) Code 6
		Mr E B DeVonald
		PCC Treasurer

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 - 24 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020. Financial Review – 2020

Due to the Corvid-19 Pandemic the PCC had to rely solely on the automated Offerings from the congregation by means of the Parish Giving Scheme and the Standing Orders to keep the Church viable and pay it’s every day running costs. This was augmented by the Furlough Scheme to cover 80% of salary costs and some various Donations. Even so, the PCC sadly had to make the position of Sexton redundant by the end of October. The position had become unaffordable over the past several years in relation to our income. The importance of the congregation making their Offerings by automated means has surely been proved. Without them the effect on the Church finances would have been disastrous. The Operating Loss for 2020 reduced to £ 3,519 from £9,181 for 2019, but would have been a loss of £16.5K if we had not received a Legacy for £20K. The Legacy enabled us to pay the Parish Share of £78,358 in full for 2020. The Investment Bond again increased in value by £8902 and so converted the Operation Loss to a Profit of £5697. But even this profit is made up mainly by another Legacy of £4.3K.

Unfortunately, the Pandemic curtailed the funds raised normally such as Gift Day, Summer and Christmas Lantern Fair and the Social Committee, and of course the hard work performed by the Friends of St. Michael, whose automated Subscriptions covered some of the churchyard and fabric costs. We are thankful to the all the people involved. Without these money raising events we find it difficult to meet our obligations. The Social Committee also paid £1425 costs to redecorate the Church Hall. We must also give great thanks to our Congregation, many of whom have joined our Parish Giving Scheme, and also the people of Aughton and Nationwide who have supported our efforts to provide services to the community including U-Tube Services which contribute to a vibrant Parish Church.

We will be able to pay the full Parish Share until March 2021, from then on it will be paid piecemeal as and when. Our Bond Reserves have £55K available to the PCC which would last 14 months if used. We would then have to consider if St Michaels Church can carry on functioning. Once the Church is allowed to operate again, we need to uplift our Fund Raising activities and also increase our use of the Parish Giving System which is now able to be joined OnLine as well as by telephone.

Reserves Policy - 2020

We can only have a Reserves policy if we have sufficient income to more than cover our outlay. Therefore the only Reserves we have to call upon are represented by the Investment Bond value. It is presently worth £67K of which £12K is an Endownment, leaving £55K as PCC Reserves.

Funds Available

The Notes to the Financial Statements, Page 2-13 show that PCC Unrestricted Fixed and Current Assets total some £84K. i.e. (The Aberdeen Multi-Manager Ethical Bond of £55K + Unrestricted net Current Assets £16K + Designated Deposit Balance of £13K). Therefore the available “Free Funds” after allowing for Reserves as above is £29K, of which the Debtors account for £4K of the total monies still due in 2021 from HMRC re Gift Aid tax claims, giving an actual funds available figure of £25K as at 31 December 2020. (The Parish Share alone costs £6,596 per month which will be paid out the next day, leaving £18,500 available for 2021 ).

Financial Plans for the Future

Brian DeVonald – PCC Treasurer.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 - 25 NOTES TO THE FINANCIAL STATEMENTS (Continued) RISK MANAGEMENT 2020.

Finance.

The PCC acted as Financial Agent for the following people/organisations:-

Liverpool Diocesan Board of Finance re Clergy Fees.

Fees for Bell Ringers, Organists, Vergers and Choir at Weddings. Fees for Organists, Vergers, and Grave Diggers at Funerals.

Special Collections for :-

Children’s Society, Compassion Child Sponsors , Litherland Schools Clothes, Salvation Army Clothes, Skelmersdale Food Bank, Traidcraft.

- Financial Risk Rating:

High impact x Low likelihood = Medium Risk

Our Reserves of £55K is available for any emergencies and maintenance required under the Quinquenial Inspection work to be done in 2021; especially as the Friends of St Michael have accumulated funds of £25K to help towards Church Fabric.

Brian DeVonald - PCC Treasurer

Operational Risk Rating:-

High impact x Low likelihood = Medium Risk

The Annual Report for the year 2020 was approved by the PCC on 25[th] March 2020 and signed on its behalf by:-

Mr Anthony Bearon

INDEPENDENT EXAMINERS REPORT (SORP 2015) to the PCC of St. Michael, Aughton For the year ended 31[st] . December 2020 ,

as set out on pages (2-1) to (2-25) of the Annual Report.

Respective responsibilities of Trustees and Examiner

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.

Basis of independent Examiner’s statement

Independent Examiner’s statement

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

• N/A

----- Start of picture text -----
March 2021.
----- End of picture text -----

2020-12-31-accounts

Diocese of Liverpool The Parish Church of St Michael, Aughton

Annual Report of the . Parochial Church Council For the year ended 31 ae ee [st] December 2020

WELCOME

ADMINISTRATIVE INFORMATION

STRUCTURE, MANAGEMENT AND GOVERNANCE

OTHER RELATED TRUSTS

APPOINTMENT TO THE PCC

COMMITTEES

REPORTS FROM CHURCH GROUPS AND ACTIVITIES

1 Church and Fabric Report

2 Graveyard Report

3 Inspections and Servicing

4 Church Hall and Fabric Report

5 Inspections and Servicing

Peter Fogden PP Fabric Committee

Financial Review – 2020

Reserves Policy - 2020

Funds Available

Financial Plans for the Future

RISK MANAGEMENT 2020

Finance

The PCC acted as Financial Agent for the following people/organisations:

Special Collections for :

Financial Risk Rating:

High impact x Low likelihood = Medium Risk

Brian DeVonald - PCC Treasurer

Operational Risk Rating:

High impact x Low likelihood = Medium Risk

ST. MICHAEL'S CHURCH - AUGHTON

Annual Report

and

Financial Statements

of the

Parochial Church Council

Page 2 - 1

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON STATEMENT OF FINANCIAL ACTIVITIES .

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

….

BALANCE SHEET AS AT 31[ST] DECEMBER 2020.

INDEPENDENT EXAMINERS REPORT (SORP 2015) to the PCC of St. Michael, Aughton For the year ended 31[st] . December 2020 ,

Respective responsibilities of Trustees and Examiner

Basis of independent Examiner’s statement

Independent Examiner’s statement

• N/A

PAROCHIAL CHURCH COUNCIL OF ST MICHAEL - AUGHTON Page 2 –4 NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31st December 2020 .

Accounting Policies .

Funds .

Incoming Resources.

Resources Expended.

Fixed Assets.

Current Assets

Investment s

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 6 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020 .

3. RESOURCES EXPENDED

4b PAYMENTS TO PCC MEMBERS

5. FIXED ASSETS FOR USE BY THE PCC

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 -8 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

( 6/4/2020 to 31/12/ 2020)

ACCRUALS as at 31[st] December 2020.

Analysis of Provisions (Accruals) for 2020 :-

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 10 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31[st] December 2020. 8.Notes re PCC Designated Funds, Restricted Funds and the Endowment Funds (Page 2-10/13)

The PCC Designated Funds

The Restricted Funds

The Endowment Monies

8. Notes re PCC Designated Funds, the Restricted Funds and the Endowment Funds:-

FUND MOVEMENTS (Continued

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

8. Notes re PCC Designated Funds, the Restricted Funds and the Endowment Funds:-

FUND MOVEMENTS (Continued) Page (2-6) 3b Code (18)

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 13

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

9. ANALYSIS OF NET ASSETS BY FUND.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2020.

10. ANALYSIS OF INCOME FROM CHURCH ACTIVITIES - - PAGE (2 5) 2e/12 AND PAGE (2 6) 3c/25

Church Hall Account

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

INCOME

EXPENDITURE