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2023-12-31-accounts

Diocese of Liverpool

The Parish Church of St Michael, Aughton . py?» a:

Annual Report

of the Parochial Church Council

For the year ended 31[st] December 2023

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The Parochial Church Council of the Ecclesiastical Parish of

St Michael, Aughton, Liverpool Registered Charity No 1128623

WELCOME

Dear friends,

In 2023 both Holy Trinity and St Michael’s settled into a pattern of worship and built on our shared services on the first Sunday of the month. It is encouraging to see both congregations attend worship in one another’s churches, including the Messy Church for young families in St Michael’s Hall. Highlights were the Rogation Service at Holy Trinity and the visit of the cathedral choir to St Michael’s to sing Evensong. We have a wonderful variety of services and events at both churches, which we need to see as mission opportunities to invite people to. As we look ahead into 2024, we will also share worship services and activities with the churches in the Cluster, including an outdoor Pentecost Celebration at Bickerstaffe. We will also join with the churches in the Cluster attending the ‘Leading your Church into Growth Conference’, which will help us focus on our shared responsibility to grow the Church.

We are confident that both Holy Trinity and St Michael’s are alive because of the enduring presence of the Holy Spirit, who will give us discernment and endurance as we face new challenges. In 2024 we will continue to focus on our three challenges:

  1. Grow a sustainable ministry to the increasing number or our churches who are housebound.

  2. Develop the third Sunday of the month into an all-age service and grow the number of children and young families who attend it.

  3. Increase the number of volunteers involved in the worship, ministry and maintenance of Holy Trinity and St Michael’s so that it doesn’t always fall onto the same few.

I would like to thank those involved in leading the groups and activities mentioned in this report and also those who quietly work in the background.

Every blessing

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 2023 the following served as members of PCC:

Incumbent: Revd Andrew Housley (Chairman, ex-officio) Reader: Mr Bill Glennon (ex-officio) Wardens: Margaret Ellams (ex-officio) Pam O’Brien ( ex-officio) Treasurer: Mr Anthony Bearon (co-opted) Secretary: Mr James Parsons (co-opted)

Deanery Synod representatives:

Mr Jeff Smith, Mr James Parsons, Mr Graham Williams, Dr Betty Underwood (ex-officio)

Elected representatives:

Andrea Connelly, Denis O’Brien, Anthony Bearon, and Graham Williams – elected 2021 to 2024 Bryan Cross, Ray Hampson, Jane McEvoy, and Janet Smith – elected 2022 to 2025

Adrian Ball, Elizabeth Makepeace, Brenda Moss, and Joyce Turner – elected 2023 to 2026

Observers:

Mr Peter Fogden ( H&S Officer ) Mr Brian DeVonald ( Assistant PCC Treasurer)

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

Independent Examiner: Mr D.S. Thomson, 32 Windermere Crescent, Ainsdale, Southport, PR8 3QS

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, Mrs Margaret Ellams and Mrs Pam O’Brien, 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 2023 these were: Mr Denis O’Brien and Mr Jeff Smith.

Fabric Committee – has delegated power to address fabric issues in the Church and Church Hall. Membership in 2023 was Peter Fogden (Chair), Margaret Ellams, Pam O’Brien, Jane Rigby, Brian DeVonald, Bryan Cross, Denis O’Brien, David Snape, and Peter Fogden.

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 2023 recorded the names of 148 people, of whom 46 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. Wednesday Fellowship

Fellowship continues to meet on 1st and 3rd Wednesday of each month at 1.30pm. We enjoyed an interesting and varied programme in 2023 with speakers and contributions from members. Rev. Jane McElvy welcomed us to the Bethabba Ministry Cente where she led our day retreat. Donations have been made to The Salvation Army, Queens Court Hospice, Bethabba Ministry, Trussel Trust, Compassion and St Helen's Walking group. Sadly, our numbers have declined but we continue to invite new members to join us.

Janet Glennon

2. Sunbeams

Sunbeams Baby and Toddler group began in 2021. We meet in the church hall on a Wednesday morning and this last year, the group has more than doubled with around thirty families on our books. On an average week we can have up to twenty children with their carers who are a mixture of Mums, Dads, and Grandparents. We have a range of activities and games for the babies and toddlers to encourage fine and gross motor skills. One week we welcomed Emma from “Tappytoes” who did music and movement with the Sunbeams. We have also had an outdoor “sports” day on the scout field using equipment borrowed from St Michael’s School. Recently, we purchased new craft tables, as art & craft is a real highlight of the session particularly with the carers! We acknowledge and promote the Christian festivals and it was good to welcome some families to the services on Christmas Eve, Mother’s Day, and Easter Day.

Special thanks are due to Helen Brookes who travels from Liverpool every Wednesday morning to be a helper at Sunbeams and is a vital part of the team. We would also like to extend a warm welcome to any of the St Michael’s Church community who might like to help or visit Sunbeams on either a regular or ad hoc basis.

In August 2023 we changed Sunbeams on Sunday to Messy Church, an activity-based worship session which we hope appeals to a wider age range. This too is gaining in popularity and there are some regular attenders, although not many Sunbeams families yet. This takes place the second Sunday of the month and as we now have internet in the hall, enables us to provide lively and action-packed songs and worship music.

Margaret Ellams & Pam O’Brien

3. Friends of St Michael's Church

“This ancient Church bears witness to the Living Christ” is the quote on the new Parish Noticeboard which was funded by The Friends. The levelling of the pavement to the Lychgate path and the survey and cost of ensuring the safety of all the interior Wall Plaques were also funded by the Friends. The upkeep of the Graveyard and grounds including waste removal are also non-stop demands on The Friends purse.

The remit of The Friends is to generate income to help the PCC with the cost of Repairs and Maintenance of the Fabric of the Church Building, Churchyard, perimeter walls and bells. No fabric funding comes from the Church of England; it is the sole responsibility of the PCC.

The bedrock of The Friends income is of our annual Membership Subscriptions paid on 30th June. Funds are further boosted by our activities during the past year which included an illustrated talk by Roger Mitchell, a member of our Friends who lectures locally and nationally, two Bridge Drives with Afternoon Tea and Raffle were enjoyed by 20 tables and traditional Christmas Music provided by the award winning Skelmersdale Brass Band, which was held in the evening in Church and enjoyed with wine and mince pies.

We thank all Members of The Friends for their Annual Subscriptions which help to maintain a healthy Bank Balance for contingency plans and good housekeeping.

Jean Parker

4. Church Fabric Report

(1) General Maintenance Church gutters, hoppers and downspouts were cleaned out as required.

(2) Fallen Memorial Burleigh Stone installed support brackets to all wall-hung memorials to guard against a repeat of the fallen memorial reported last year.

(3) Church Noticeboard

The church noticeboard was completely refurbished by Harry Mitton Signs. Thanks to Pam O’Brien for managing this project.

(4) Cycle Rack

A cycle storage facility was installed to the west side of the main door. (see Hall also). Thanks to Denis and Russell O’Brien for this work.

Graveyard Report

The grass cutting contract for the churchyard was awarded to a new contractor and cut grass is now removed. Leaves are removed from the pathways and around the graves. The presentation of the graveyard has been greatly enhanced. Members of the congregation and parish maintain the flower beds and the Garden of Rest. West Lancs BC continue to remove green waste via 2 brown bins and general waste using a green bin. Graveyard users may require advice as to what constitutes green waste.

Inspections and Servicing

The central heating boiler was serviced and tested for gas safety. The fire extinguishers were tested and serviced as required. The fixed electrical wiring was examined by British Engineering Services and any requirements from the report were noted and acted upon. Portable appliances were tested by British Engineering Services and any faults were rectified. Ladders were inspected at three monthly intervals. The annual asbestos inspection was completed. The church is cleaned weekly by a dedicated team of seven church members who would be delighted if more came forward to assist for half an hour every Thursday.

Thanks, are also due to members of the congregation and the parish who have assisted in keeping the graveyard and garden areas as an attractive landmark in Aughton.

5. Church Hall Fabric Report

1. Cycle Rack

Cycles can now be stored just outside the main entrance.

2. Provision of Wi- Fi for Hall Users

A wi-fi connection, by making use of the Church wi-fi, has been provided for Hall users and has already proved a valuable addition to the Hall facilities. Thanks to Anthony Bearon and Denis O’Brien for designing and installing this equipment.

Inspections and Servicing

The Buildings Manager provided some hanging baskets and planted flowers in the flower beds. The appearance of the Hall area was greatly enhanced. 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 serviced and tested for gas safety. The periodic wiring test was carried out by British Engineering Services and any faults rectified. Portable appliances were tested by the same contractor. 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

Members of committee are: - Margaret Ellams, Pam O’Brien, Jane Rigby, Brian DeVonald, Bryan Cross, Denis O’Brien, David Snape, and Peter Fogden.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON STATEMENT OF FINANCIAL ACTIVITIES . ( For the year ended 31[st] December 2023 .

RECEIPTS & PAYMENTS

Code General Designated
All values to the nearest £) Funds Funds
INCOMING RESOURCES
Voluntary Income 2a 78688 3103
Fund Raising Activities 2b 1173 -
Income from Investments 2c 345 392
Statutory Fees 2d 7684 -
Church Activities Income 2e 13392 -

Other Incoming Resources 2fNil -
TOTAL INCOMING RESOURCES 101282 3495
RESOURCES USED.
Cost of generating 3a 673 -
Voluntary Income/Funds
Mission/Charitable Giving 3b - -
Church Activities 3c 112984 -
Major Capital Expenditure 3d nil -
Other Outgoings3enil -
TOTAL RESOURCES EXPENDED 113657 0
NET INCOMING/OUTGOING(12375) 3495
RESOURCES BEFORE OTHER
RECOGNISED GAINS & LOSS
Untraceable Accounts Error 2022 -
-
GAINS/(LOSSES) ON INVESTMENTS
Realised
- -
Unrealised Investment BondGAIN6372-
RESOURCES FOR YEAR (6003) 3495

TRANSFER BETWEEN FUNDS22172 (20756)
(Funds transferred between sectors)
See Page 2–13 (Net assets)		 Code General Designated
All values to the nearest £) Funds Funds
INCOMING RESOURCES
Voluntary Income 2a 78688 3103
Fund Raising Activities 2b 1173 -
Income from Investments 2c 345 392
Statutory Fees 2d 7684 -
Church Activities Income 2e 13392 -

Other Incoming Resources 2fNil -
TOTAL INCOMING RESOURCES 101282 3495
RESOURCES USED.
Cost of generating 3a 673 -
Voluntary Income/Funds
Mission/Charitable Giving 3b - -
Church Activities 3c 112984 -
Major Capital Expenditure 3d nil -
Other Outgoings3enil -
TOTAL RESOURCES EXPENDED 113657 0
NET INCOMING/OUTGOING(12375) 3495
RESOURCES BEFORE OTHER
RECOGNISED GAINS & LOSS
Untraceable Accounts Error 2022 -
-
GAINS/(LOSSES) ON INVESTMENTS
Realised
- -
Unrealised Investment BondGAIN6372-
RESOURCES FOR YEAR (6003) 3495

TRANSFER BETWEEN FUNDS22172 (20756)
(Funds transferred between sectors)
See Page 2–13 (Net assets)

















Restricted Endowment
Funds Funds
9364 -
- -
999 -
- -
6495 -
2033 -
18891 0
0
-
1433
-
9170 -
nil -
- -
10603 0
8288
0
-
-
- -
- -		 Restricted Endowment
Funds Funds
9364 -
- -
999 -
- -
6495 -
2033 -
18891 0
0
-
1433
-
9170 -
nil -
- -
10603 0
8288
0
-
-
- -
- -		 Restricted Endowment
Funds Funds
9364 -
- -
999 -
- -
6495 -
2033 -
18891 0
0
-
1433
-
9170 -
nil -
- -
10603 0
8288
0
-
-
- -
- -		 Total Funds
2023 2022
91155 90413
1173 1403
1736 488
7684 9155
19887 16915
2033 19482
123668137856
673 773
1433 1360
122154 112655
nil 19644
nil nil
124260134432
( 592)3424
-298
- -
6372 (10302)NET		 Total Funds
2023 2022
91155 90413
1173 1403
1736 488
7684 9155
19887 16915
2033 19482
123668137856
673 773
1433 1360
122154 112655
nil 19644
nil nil
124260134432
( 592)3424
-298
- -
6372 (10302)NET


8288

(1416)


NIL
-
5780
NIL



NET MOVEMENT IN FUNDS
16169 (17261)
72751 20912

889203651
6872
309365

316237
NIL
12000

12000
5780
415028

420808
BALANCES B/FWD 1/1/2022

BALANCES C/FWD AS AT
31st DECEMBER 2023

Financial Review – 2023

The total Income of £123K against Expenditure of £124K produced an Excess of Expenditure of £592 . Fortunately, the Investment Bond increased in value by £6,372 which changed the Excess Expenditure to a Capital Gain of £5,780. Legacies totalling £10K were used to enable the Bank Account to stay in credit whilst paying the monthly bills which included a reduced Parish Share of £6,240pm (£74,879 for the year).

During the year, the Harvest Hot Pot Quiz and the Christmas Lantern & Carol Fair were held. Both events helped boost Church funds. Also, the Friends of St Michael provided two Bridge Afternoons and a Brass Band Carol Concert. These “Friends” monies plus their accumulated funds were used to pay £2,216 to cover some Church Building costs and £4,649 to cover upkeep of the Graveyard . The automated Subscriptions to the Friends allowed this to happen and the PCC are again thankful to the all the people involved and the work put in by the Committee.

The Church Hall has again been maintained and kept to a high standard by the Church Buildings Manager. His dedication and hard work made the Hall a pleasant place in which to hold functions. This is shown by the Rental income increasing to £12,721 for the year . He has made many improvements to the Hall grounds and gardens by installing and upkeeping many shrubs and ornamental fixings. The Stone Cross inset on the front wall of the Hall with lights, which he installed, has become a permanent and welcomed feature. A n Excess Expenditure of £1.329 was made for the year, due mainly to increased Gas and Electricity costs.

The Financial Outlook for 2024 has greatly improved. As usual, we must rely on the Parish Giving Scheme and Standing Order plus Envelope Offerings to sustain our regular income. These manual schemes need to be transferred to the Parish Giving Scheme in the near future to help our book-keeping systems to be efficient. We have joined the On-Line Banking System newly operated by the Diocese to allow our recently formed Finance Team to function better. This will spread out the work presently carried out by the PCC Treasurer. During the year 2023 a Dual Accounting system was used to slowly transfer and match the accounting systems. This is the last year manual accounts will be produced. In 2024 we shall rely solely on the Diocese “MyFund” system.

Fund raising activities will continue again in 2024 by the Friends of St Michael together with the usual Fairs etc. These events plus Legacies should allow the payment in full of our Parish Share for 2024. Our Investment Bond has increased in value to £75K, and we expect the Bond to continue increasing. These monies are mostly available to the PCC and should ensure our sustained viability as a Church serving the Community of Aughton.

Reserves Policy - 2024

The only Reserves we have to call upon are represented by the Investment Bond value, as the LDBF Deposit Account is mainly Restricted funds. The Bond is presently worth £75K of which £12K is an Endowment, leaving £63K as PCC Reserves.

Funds Available

The Notes to the Financial Statements, Page 2-13 show that PCC Unrestricted Fixed and Current Assets total some £92K. i.e. (The ABRDN Fund of £63K+ Unrestricted net Current Assets £25K + Designated Deposit Balance of £4K). Therefore, the available “Free Funds” after allowing for Reserves as above is £29K as at 31 December 2023. (The Parish Share alone costs £6,245 per month which will be paid out the next day, leaving £23K available on 1[st] January 2024 ).

Financial Plans for the Future

The PCC are taking an active part in the future plans to expand the work of our Cluster of Churches in Ormskirk Parish Deanery, in an effort to grow our Churches. Our newly formed Finance Team has attended instruction courses at St James’s House which should enable the Parish Finances to be run more efficiently and to spread the work out between several persons. We intend to continue promoting the activities of The Friends of St Michael and to promote the use of Legacies.

Brian DeVonald – Assistant PCC Treasurer.

RISK MANAGEMENT 2023.

Finance.

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

Liverpool Diocesan Board of Finance re Clergy Fees. Fees for Bell Ringers and Organists at Weddings. Fees for Organists and Grave Diggers at Funerals.

Special Collections for :

Children’s Society, Compassion Child Sponsors, C.A.L.M. Charity, Skelmersdale Food Bank, Traidcraft.

Financial Risk Rating:

High impact x Low likelihood = Medium Risk

We think that any future Church or Hall building maintenance required; or emergencies which may occur, should be well covered by our Reserves of £63K. The Friends of St Michael have also accumulated funds of £30K which help towards the costs of repairs to the Church Fabric.

The church working capital is held both on current account with Santander Bank, and on call with the C of E Central Board of Finance. The existing Investment Bond (£50K) has now changed its name and is run by ABRDN Investments. It is now worth £75,280 as of 31[st] December 2023 and is regarded as holding the Reserves plus the £12K Miss Holmes Endowment. The PCC consider this to be an appropriate investment 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 – Assistant PCC Treasurer

Operational Risk Rating:

High impact x Low likelihood = Medium Risk

In the event the Church building should be unusable, the Church Services can be held in the Church Hall, which is situated on the opposite side of Church Lane to the Church buildings. The Hall Office, which is lockable, will serve as a place to count monies and store valuables temporarily.

The Annual Report for the year 2023 was approved by the PCC on 22[nd] February 2024 and signed on its behalf by:

ST. MICHAEL'S CHURCH - AUGHTON

Annual Report

and

Financial Statements

of the

Parochial Church Council

For the year ended 31[st] December 2023

Incumbent Rev. A. Housley The Rectory 10 Church Lane Aughton, Ormskirk Lancashire L39 6SB Bankers Santander Bridle Road Bootle Merseyside L30 4GB Independent Mr. D. S. Thomson Examiner 32 Windermere Crescent Ainsdale Southport PR8 3QS 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

BERS

Page 2 - 1 PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON STATEMENT OF FINANCIAL ACTIVITIES . ( For the year ended 31[st] December 2023 .

Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Code
All values to the nearest £)
INCOMING RESOURCES
Voluntary Income 2a
Fund Raising Activities 2b
Income from Investments 2c
Statutory Fees 2d
Church Activities Income 2e
Other Incoming Resources 2f
TOTAL INCOMING RESOURCES
RESOURCES USED.		 Total Funds
2023 2022
91155 90413
1173 1403
1736 488
7684 9155
19887 16915
2033 19482
123668 137856
673 773
1433 1360
122154 112655
nil 19644
nil nil
124260 134432
( 592)3424
-298
- -
6372 (10302)
5780 (6580)
NIL NIL

5780 (6580)
415028 421608
_
420808 415028		 Total Funds
2023 2022
91155 90413
1173 1403
1736 488
7684 9155
19887 16915
2033 19482
123668 137856
673 773
1433 1360
122154 112655
nil 19644
nil nil
124260 134432
( 592)3424
-298
- -
6372 (10302)
5780 (6580)
NIL NIL

5780 (6580)
415028 421608
_
420808 415028








Cost of generating 3a 673 -
Voluntary Income/Funds
Mission/Charitable Giving 3b - -
Church Activities 3c 112984 -
Major Capital Expenditure 3d nil -
Other Outgoings3enil -
TOTAL RESOURCES EXPENDED 113657 0
NET INCOMING/OUTGOING(12375) 3495
RESOURCES BEFORE OTHER
RECOGNISED GAINS & LOSS
Untraceable Accounts Error 2022 -
-
GAINS/(LOSSES) ON INVESTMENTS
Realised
- -
Unrealised Investment BondGAIN 6372-
NET RESOURCES FOR YEAR (6003) 3495

TRANSFER BETWEEN FUNDS22172 (20756)
(Funds transferred between sectors)
See Page 2–13 (Net assets)		 -
-
-
-
-
0
3495
-
-
-










8288

(1416)


NIL
-
5780
NIL



NET MOVEMENT IN FUNDS
NIL
12000

12000
5780
415028

420808


PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

…. BALANCE SHEET AS AT 31[ST] DECEMBER 2023.

RECEIPTS & PAYMENTS

(All values to the nearest £)

Note 2023		 Note 2023 Note 2023 2022
FIXED ASSETS.
Tangible 5a 273799 273799
Investment 5b 75280 68908
349079 349079 349079
342707
CURRENT ASSETS.
Debtors - nil nil nil nil
Bank Accounts 6 74465 73656
74465 73656
LIABILITIES
Payments due Out re 2023
Agency Monies collected 6a (2736) (1335)
______ __
____
NET CURRENT ASSETS/LIABILITIES 71729 72321
TOTAL NET ASSETS 420808 415028
PARISH FUNDS
Unrestricted 9 88920 72751 9 88920 72751 9 88920 72751
Designated 9 3651 20912 3651 20912
Restricted 9 316237 309365 9 316237 309365 9 316237 309365
Endowment 9 12000 12000
420808 415028

Approved by the Parochial Church Council on 22nd February 2024 and signed on its behalf by:-

Rev Andrew Housley Mrs Margaret Ellams

RECTOR CHURCH WARDEN

The Notes on Pages 2 - 4 to Page 2 - 22 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 2023 ,

as set out on pages (2-1) to (2-22) 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:

Basis of independent Examiner’s statement

My examination is carried out in accordance with general Directions given by the Charity Commission. Furthermore, I have reviewed the Parish Resource website for relevant latest guidance to ensure that my work has been relevant to the direction set out there.

The examination is 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 requiring explanations from the PCC. 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 matters have come to my attention which give me cause to think that:

Independent Mr. D. S. Thomson Examiner 32 Windermere Crescent Ainsdale Southport PR8 3QS

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

for the year ended 31st December 2023

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 ABDRN MyFolio Sustainable V- Retail Fixed Income Fund.

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 daily 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 daily 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. 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:-

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 as at market value at 31[st] . December each year end.

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 2023.
2. INCOMING RESOURCESGeneral Designated Restricted Endowment Total Funds
Code/Note All values to the nearest £ Funds Funds Funds Funds 2023 2022
2a Voluntary Income
1 Planned Giving:Gift Aid s/o 12230 (15) 12230 12080
1 Planned Giving:Gift/A Env. 567 (06) 567 1631
1 Planned Giving:- PGS G/A 35074 (44) 35074. 34369
1 FRIENDS Gift Aid Subs - (54) 3885 3885 3730
1 Child Sponsorship Gift Aided - (09) 818 818 -
2 FRIENDS Non-Gift Aid Subs - (13) 547 547 520
2 Planned Giving:- PGS NonG/A 2460 (05) 2460 2460
2 Other S/O. Non Gift Aid 960 (01) 960 960
3 Gift Aid – One Off Env. 1015 ( 9) 1015 157
3 Loose Plates GASDS- Page 9 5838 41 5879 5925
4 Other Collns GASDS- Page 9 1257 1257 -
4 Annual Gift DayGift Aid 2179 2179 2385
4 Annual Gift Day Non G/A>£30 450 450 230
4 Ann. Gift Day- GASDS-Page 9 110 110 285
4 Donations Gift Aided-Page9 640 - 640 815
4 Dons. G/AChild Sponsors-Page9 - (06) - 827 827 1268
4 Donations NON GASDS-Page9 732 - 1241 1973 954
4 Specific Don. Sponsors bal.to PCC - - 410 410 -
6 Tax Recovered
4349 -		 945 5294 1815
6 Tax Recoverable via PGS 8770 8770 8592
6a Tax re GASDS 1607 1607 306
7 Legacies (Church) - 3103 - 3103 10431
8 Grants-L’pool Diocese Heating 450 - 450 1000
8 Grants-Graveyard-Aughton PCC - - 500 500 500
8 Grants-Graveyard-Aughton Charities - 150 150 nil
786883103 9364 91155 90413
2b Fund Raising Activities
9 Christmas Lantern Carols&Mkt 514 - - 514 462
9 Harvest Hot-Pot Quiz
660 -		 - 660 941
1173 NIL NIL 11731403
2c Income from Investments
10 Bank Interest – Church
70 392		 999 1461 488
10 Dividend Investment Bond275
-		 - 275 -
345392 999 1736 488
2d Statutory Fees
11 PCC Church Fees
7684		 7684 9155
2e Income from Church Activities
12 Book Stall
139		 139 90
12 Card Stall - - 100
12 Church Hall – Hire 12721 12721 10597
12 Church Hall - Donations
402		 402 865
12 Church Trading Account 103 103 68
12 Photocopier Receipts 27 27 12
12 FRIENDS of St Michael
--		 4412 4412 3020
12 Wednesday Fellowship
-		 683 683 763
12 School Governors
-		 1400 1400 1400
13392- 6495 19887 16915
2f Other Incoming Resources
13 Share Rectory by Holy Trinity nil - 2033 - 2033 2026
13 Insurance Claim Church Path nil- - - -17456
NIL- 2033 Nil 2033 19482
TOTAL INCOMING RESOURCES1012823495 18891 0123668 137856

PAROCHIAL CHURCH COUNCIL6OF ST. MICHAEL – AUGHTON Page 2 – 6 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023

3. RESOURCES EXPENDED

Funds Funds Funds Funds
3aCosts of Generating Voluntary Income & Funds
17 Christmas Lantern Carols &Mkt 135 -
17 Harvest Hot-Pot Quiz 538 -
17 Int. paid to Child Sponsorship - 0
17 Trading Account - -
Total 3a 673 NILNIL
3bMission & Charitable Giving:
18Ofverseas Missionary Societies- -
18Overseas Relief / Dev Agencies- 1433
18Home Mission & Other ChurchesNIL -
18Secular Charities --
Total 3b NIL1433
3cChurch Activities
19 Parish Share
74879

20 Salaries/ (Church) 2697

21 Rector’s Expenses – Mileage 787
21 Rector’s Telephone
125
21 Rectory Costs
4066
21 Readers Subs/Visiting Clergy -

22 Parish Training & Mission Ops 1988
nil
23a Church Running Expenses
495
23a Administration &Governance 766

23a New Printer& Photocopier Costs 656
23a Upkeep of Churchyard
650 4650

23a Upkeep of Services
931

23b Church Maintenance & Fabric 1298 2216

23c Church Insurances 4512
24 Church Utility Bills
4683

25 Card Stall
-
-25 Church Hall–Operating Costs 11603

25 Church Hall–Maint. & Repairs 2848

25 FRIENDS of St M –Event Expenses nil
25 St Michael’s Social Group -
1005
25 St Michael’s Youth Club - - -
25 Wednesday Fellowship - - 531

25 School Governors - - 768

Total 3c
112984 - 9170
3d
Major Capital Expenditure
27 Church Page (2 – 19) - - - -
28 Hall Major Repairs Page(2-14) - - - -
Total 3d NIL- NIL-
TOTAL RESOURCES EXPENDED 113658-10603NIL



































2023
135
538
0
-
673
-
1433
-
-
1433
74879
2697
787
125
4066
-
1988
495
766
656
5300
931
3514
4512
4683
-
11603
2848
nil
1005
-
531
768
122154
-
-
NIL
124261

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON

Page 2 – 7

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023

4a




 STAFF COSTS

Organists
2604
Relief Organists93
See Page (2 – 6) Code 20

Church Bldgs ManagerSalary
See Page (2 –14)		 2023



2697

5720

During the year the PCC employed a Church Buildings Manager and paid for an Organist and Relief Organists. The Church Buildings Manager’s income is Taxable, but he does not pay National Insurance. The Organist is Self Employed. The Church Buildings Manager does not wish to join N.E.S.T Pension Scheme. The Church Buildings Manager’s holidays were covered by the Church Wardens and Volunteers.

4b PAYMENTS TO PCC MEMBERS

No payments or expenses were paid to any PCC member in respect of their duties as a PCC Member. Only reimbursement was made regarding the repayment some Bills paid, which were due on behalf of the Church.

5. FIXED ASSETS FOR USE BY THE PCC.

5a TANGIBLE ASSETS Freehold Land
(All Unrestricted) & Buildings
Church Hall£
Actual/Deemed cost since 1/1/99 £273,799
£173799(1998)
Additions-
Disposals -
At 31st Dec 2023 £273,799
Depreciationnil
Net Book Value £273,799		 Church
Total

Equipment
£
£
-
£273,799
- -
- -
-
£273,799
nil
nil

-
**£273,799 **

The freehold land & buildings comprise the Church Hall.

The Church Equipment comprise a new A3 Printer and a Small Photocopier, plus two Lap-Top Computers and one Hall Overhead Projector. The Church Streaming Camera Equipment and associated electronics where purchased by use of a Legacy. Broad- band is installed in the Church which also supplies Broad-band to the Hall. The Electric Piano has been donated by a Legacy.

A GoodBox Core Device was purchased in June 2019 to enable Electronic Giving using payment cards. All these items have been written off since purchase and have no value in the Accounts.

NB The Church Hall is Insured with Ecclesiastical Insurance Ltd for £989,320 from Aug 2023. (Information only:- The Church Building, not part of PCC Assets, is insured for £13,300,000)

5b INVESTMENTS

Note:- In March 2023 Aberdeen merged the Multi Manager Ethical Fund into

the “abrdn MyFolio Sustainable V Fund”. The number of new shares issued is the same number of previous units held.


abrdn MyFolio Sustainable V Fund

Old Ethical Fund. £50K
Increase in Value from 31/12/22 to 31/12/23
Total Investments43,767.783 Units @ 172.00p		 Cost Gross Book Value at end of Year
Unrestricted Endow Funds
£56,908 (31/12/22) + £12,000 = £68,908
£ 6,372
£63,280 + £12,000 =£75,280

Page 2 -8

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

6. CURRENT ASSETS – Bank Accounts


Santander

L D B F Deposit a/c

Card Float on Hand
Flower Float on Hand


Social Group a/c (closed)
T S B School Governors
Wednesday Fellowship
 2023

24186

41723

27

nil

65936

nil

8037

492
74465

6a. CREDITS IN ACCOUNTS as at 31[st] December 2023. BUT NOT BANKED

Details

Children’s Society (Agency)		 (To be Banked in 2024)
Amount
(Activity)
(To be Cleared by)
£479 St Michaels SCHOOL Christmas Service Collection
£ 59 St Michaels CHURCH Crib Service Collection
£538
Cheque No 022084 issued
£ 96“Grow a Beard in November”
Online by Card 7/1/24
£2102 4thQtr Wedding & Funeral Fees Online by Card 7/1/24
£2736

Children’s Society (Agency)		 £ 59 St Michaels
£538
C.A.L.M. Charity (Agency)

Liverpool Diocesan (Agency)

Board of Finance

- See Page (2 2)

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 9 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

7. ANALYSIS OF DONATIONS–VOLUNTARY INCOME Page (2-5) 2a Codes 2,3 and 4

SMALL GASDS DONATIONS CLAIMS UNRESTRICTED 3 Mth s 9 Mths 12 Mths Balances per Income Sheet 2023 Loose Plate UNDER £30 £1003 £3641 £4644 Wednesday Communion Donations (Claim Dec) £ (124) £ 532 £ 532 Sunday Catering Cash Donations (Claim Dec) £ (141) £ 547 £ 547 Child Sponsors Cash Donations (Claim Dec) £ (115) £ 115 £ 115 Church Flowers (LDBF d/a) RESTRICTED (Claim Dec) £ (40) £ 41 £ 41 CODE 3 = TOTAL £1003 £4876 £5879 CODE 4 = GIFT DAY Cash Non G/Aid <£30 £ 110 - £ 110 Weddings/Funerals/Baptism < £30 Cash £ 141 £ 127 £ 268 Good-Box Electronic Non G/A UNDER £30 £ 205 £ 575 £ 780 Donations Non G/A UNDER £30 Cash £ 46 £ 163 £ 209 CODE 4 OTHER TYPES £ 392 £ 865 £1257* Total GASDS Claims 2023 TOTAL £1505 £5741 £7246 OTHER DONATIONS - None Gift Aided - GASDS NON ELIGIBLE – UNRESTRICTED Donations NONE G/A OVER £30 £ 100 £ 567 £ 667 Amazon and Others Electronic £ 12 £ 53 £ 65 £ 732 Child Sponsors-None Gift Aid RESTRICTED £ 44 £ 192 £ 236 Donations-Friends per Social Group RESTRICTED - £1005 £1005 £1241 Child Sponsors-Tfr Bal to PCC RESTRICTED £ - £ 410 £ 410 CODE 4 MORE TYPES = TOTAL £ 156 £2227 £2383 OTHER DONATIONS – GIFT AIDED CASH & CHQS Donations RESTRICTED £ 640 £ - £ 640 Child Sponsors One Off RESTRICTED £ nil £ 827 £ 827 CODE 4 = £ 640 £ 827 £1467 Child Sponsors S/O’s CODE 1 =RESTRICTED £ - £ 818 £ 818 TOTAL £2285 UNRESTRICTED RESTRICTED ( OF WHICH) TOTAL ( GIFT AIDED) TOTAL DONATIONS 2023 £ 7,937 £3,978 ( £2,285 ) £11,915

……………………………………………………………………………………………..……

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 10 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31[st] December 2023. (Continued).

8.Notes re PCC Designated Funds, Restricted Funds and the Endowment Funds (Page 2-10/12)

The PCC Designated Funds

Consist of Legacies. The Legacy’s opening balance for 2023 of £10,155 has been used to help pay recurring Bills and keep the Bank account in credit at all times. The PCC benefited in 2023 by two Legacies totalling £3,103 making a closing balance on 31December 2023 of £3650 after Interest held in the LDBF deposit account.

The Restricted Funds

Consist of the Church Hall valuation, and St Michael’s School a/c, plus most of the balance of the LDBF Deposit a/c which includes the Friends of St Michael Funds, the Wednesday Fellowship Funds, and other 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, Flower and Renee’s Bench 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 £25,405 has increased to £30,228 even after paying £6,865 out for Church Fabric and Churchyard maintenance costs. A Donation from the Social Group of their closing Bank balance of £1,005 was greatly appreciated.

The Endowment Monies

Which require the Capital to remain intact consist of the Miss Holmes Legacy – £12,000.

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.

NOTE :- ALL FUNDS ARE HELD WITHIN & ARE CONSTITUENTS OF THE LDBF DEPOSIT ACCOUNT

Income FUND MOVEMENTS
Expenditure
LEGACIES (PCC Designated)
C/A Balance b/fwd:- 10431 Re-designated to PCC General Funds 20431
LDBF d/a b/fwd 10155
Interest Allocation (LDBF) 393 20979
Roz Morris 500 Balance (c/fwd) current a/c nil
Mrs J. Eyres 2603 3103 Balance (c/fwd) LDBF d/a 3651
Page (2-5) 2a Codes (7) 24082 24082.
FRIENDS OF ST MICHAEL (Restricted)
Balance brought forward 25405 Event Expenses Nil
Interest Allocation (LDBF) 895 26300 Church Building Maintenance
Tax Claims Recv’d in 2023 945
Church Alarm Service
 234
Donation Social Group-Dormant a/c
 1005 Church Boiler Repairs 228
28250* Church- Electric-wiring repairs 194
Bridge Mornings x 2
 2848 Wall Memorials Plaques-Brackets 1560
Brass Band Carol Service 1321 Page (2-6) 3c /Code23b 2216*
Weddings Donations 75.
Funeral Donations 168 Graveyard Maintenance
Page (2-5) 2e Code (12) 4412 Graveyard – Two Cycle Racks 30
Graveyard – Bin Waste
 297
Graveyard – Grass Cutting 2320
Graveyard – Flood-Light repairs
 299
Graveyard – New Church Name Sign 1560
Graveyard – Yellow Paint Kerb Edges 18
Membership Subs for yr (Non G/Aid) 547 Graveyard–Small Church Sign Repair 125
Membership Subs for yr (G/Aid) 3885 Graveyard Total Expenditure 4650*
Page (2-5) 2a Codes (1&2) (Page 2-13) & Page (2-6) 3c Code23a
TOTAL Income – other sources 8844* TOTAL Friends Expenditure
 6866*
**Balance carried forward ** 30228
37094*
37094

Page 2 –11

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

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

NOTE :- ALL FUNDS ARE HELD WITHIN & ARE CONSTITUENTS OF THE LDBF DEPOSIT ACCOUNT

FUND MOVEMENTS (Continued

Income Expenditure

Child Sponsorship (Restricted)

Balance brought forward and
Donated to PCC Restricted Funds
Other Donations-
See Donations Analysis Page (2-9)
Gift Aided – Lump Sums827
Gift Aided–Standing Orders818
Non Gift Aided – S/O’s236
Non GAid Cash – GASDS115

Children’s Fund (Restricted)
Balance b/fwd:- 1257
Interest Allocation (LDBF)42
Donations SeePage (2-13) 9A
 410
1996
2406
1299
nil

1299		 Compassion Direct Debits:- 12 mths
LessInterest Allocation from LDBF
Net Funds paid(Page 2-6, 3b)
Balance carried forward


Books
Easter Eggs & Sweets
(Page (2-6) 3a -17)

Balance (c/fwd
 1433
14
1419
987
2406
-
-
nil
1299
1299		 1433
14
1419
987
2406

CHURCH FLOWER Fund PCC(Designated)

Fund Balance b/fwd

Cash Float brought forward
Interest Allocation (LDBF)
Donations by Cash direct
Donations via Bank
Page (2-9) 8 Code (3)		 262
104
9
40
1
Christmas & Christingle Costs 60
Purchase of Altar Flowers (Cash)140
375Page(2-15) Code (23a) 200

Cash Float c/fwd
nil
41 Fund Balance c/fwd (Part of LDBF d/a)216
416
416

Renee’s Bench Fund (Restricted)

Renee’s Bench Fund (Restricted)
Balance brought forward 60
Interest Allocation (LDBF ) 2 Balance carried forward 62
62 62
St Michael’s Choir Fund (Restricted)
Balance brought forward 236
Interest Allocation (LDBF) 8 Balance carried forward 244
244 244
St Michael’s Mothers Union (Restricted)
Balance b/fwd for Banner Repairs Fund 61 -
Interest Allocation (LDBF)
 2 Balance carried forward 63

63 63
St Michael’s Youth Club (Restricted)
Balance brought forward
 782 -
Interest Allocation (LDBF)
 26 Balance carried forward 808
808 808

Page 2 - 12

PAROCHIAL CHURCH COUNCIL OF ST. M ICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

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

Code
18



18

18
18
-		 FUND MOVEMENTS (Continued) Page (2-6) 3b Code (18)
(All values to the nearest £)
Unrestricted
Restricted Total Total
Funds
Funds 2023 2022

Overseas Mission

Bible Society
nil
- nil nil
C M S
nil
- nil nil
Leprosy Mission
nil - nil nil
U S P G
nil
- nil nil
nil
nilnilnil
Christian Relief and
Development Agencies
Child Sponsorship via - 1433 1433 1369
Tear Fund/Compassion
nil 143314331369
Home Missions and Church Societies
Children’s Soc. Boxes & Crib Service
- - -
Church Army
-
- - -
Church Urban Fund
-
- - -
Churches Together
nil
- - nil
nil nil NILNIL
Secular Charities
Alzheimers Dementia Research - - -
Cystic Fibrosis - - - -
Litherland School Clothes - - - - -
Leukaemia & Myeloma - - - -

Stroke Association
-
- - - -

nil
nilnilnil
Totals nil143314331369		 FUND MOVEMENTS (Continued) Page (2-6) 3b Code (18)
(All values to the nearest £)
Unrestricted
Restricted Total Total
Funds
Funds 2023 2022

Overseas Mission

Bible Society
nil
- nil nil
C M S
nil
- nil nil
Leprosy Mission
nil - nil nil
U S P G
nil
- nil nil
nil
nilnilnil
Christian Relief and
Development Agencies
Child Sponsorship via - 1433 1433 1369
Tear Fund/Compassion
nil 143314331369
Home Missions and Church Societies
Children’s Soc. Boxes & Crib Service
- - -
Church Army
-
- - -
Church Urban Fund
-
- - -
Churches Together
nil
- - nil
nil nil NILNIL
Secular Charities
Alzheimers Dementia Research - - -
Cystic Fibrosis - - - -
Litherland School Clothes - - - - -
Leukaemia & Myeloma - - - -

Stroke Association
-
- - - -

nil
nilnilnil
Totals nil143314331369		 FUND MOVEMENTS (Continued) Page (2-6) 3b Code (18)
(All values to the nearest £)
Unrestricted
Restricted Total Total
Funds
Funds 2023 2022

Overseas Mission

Bible Society
nil
- nil nil
C M S
nil
- nil nil
Leprosy Mission
nil - nil nil
U S P G
nil
- nil nil
nil
nilnilnil
Christian Relief and
Development Agencies
Child Sponsorship via - 1433 1433 1369
Tear Fund/Compassion
nil 143314331369
Home Missions and Church Societies
Children’s Soc. Boxes & Crib Service
- - -
Church Army
-
- - -
Church Urban Fund
-
- - -
Churches Together
nil
- - nil
nil nil NILNIL
Secular Charities
Alzheimers Dementia Research - - -
Cystic Fibrosis - - - -
Litherland School Clothes - - - - -
Leukaemia & Myeloma - - - -

Stroke Association
-
- - - -

nil
nilnilnil
Totals nil143314331369

nil
Totals nil
nil
1433
nil
1433

The Child Sponsorship is donated money paid out by Direct Debit to “Compassion UK” re four overseas children.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 – 13 Notes to the Financial Statements (continued) for the year ended 31[st] December 2023.

9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 9.ANALYSIS OF NET ASSETS BY FUND.
(All values to the nearest £ (UNRESTRICTED)
General Designated
Fixed AssetsFundsFunds
PCC
Aberdeen M-M Ethical Bond 63280 -
Church Hall (since1999)

63280

Current Assets
PCC
Santander 21450 -
Card Cash Float 27 -
Flower Cash Float
nil -
L D B Finance D/A 4163 3651
Social Group (Closed) nil nil
Wednesday Fellowship- -		 Restricted
Funds
-

273799

273799

2736

-
-

33909
nil
492		 Restricted
Funds
-

273799

273799

2736

-
-

33909
nil
492		 Restricted
Funds
-

273799

273799

2736

-
-

33909
nil
492

















Funds
-


-
-
-
3651
nil
-		 Funds
12000

12000

-
-
-
-
-









63280
21450
27
nil
4163
nil
-

Total PCC Current Assets 25640
Debits in Accounts by 31 Dec 2023
But not through Bank (nil)
3651
 37137
(2736)		 Nil
 66428
(2736)

Net PCC Current Assets 25640
School Governors.
TSB Account-


3651
-
34401
8037
Nil
-
63692
8037
TOTAL NET88920 3651316237 12000420808

10. Analysis of church activities Page (2-5) CODES 2a,2b & 2e

a
INCOME
2022
500
Parish Council Grant
-
Aughton Charities Grant
500
Grants Received 2023
2a Code (8)
4852
Per Friends St M.
5352
 nd (Page (2-6) 2a & 3c

Churchyard Account
20232022


500 2920

150
600

650 55
252

4650
1525

5300
5352
 EXPENDITURE
2023
Small Notice Bd Repair 125
Two Cycle Racks 30
Grass Cutting
2970
Floodlight Repairs 29
Yellow Step Paint 18
Large Notice Bd Repair 1560
Waste Bin Contract 298
Page (2-6) 3c Code (23a)5300*

2023
500
150

650

4650

5300**
Page (2-6) 3c Code (23a)

*** Note: Grants used for Grass Cutting 2e Code (12) and 3c Code (25) Card Stall Account**

100
Sales 2023
27
Cash Float b/fwd
127

 nil
nil
Purchases 2023
nil
27
27
Cash Float c/fwd 27
100 Profit to PCC nil
27
127
27

Page 2 -14

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

10a ANALYSIS OF INCOME FROM CHURCH ACTIVITIES

- - PAGE (2 5) 2e/12 AND PAGE (2 6) 3c/25 Church Hall Account

INCOME EXPENDITURE EXPENDITURE
2022 2023 2022 2023
Donations for Heat & Light:- Operation Costs:-
5200 Salary (Hall) 5720
88 Bible Study Group - 1390 Electricity
 2043
125 Wednesday Fellowship 125 1258 Gas
 3309
493 Sunday Catering (ToPage9) - 218 Water Rates
 362
159 Benefice Breakfast
 277 90 Benefice Breakfast
 104
865 (Code 2e -12)Sub Total 402 63 Sunday Catering 65
8219 Operations Total
11603
Donations for Maintenance Work Major Maintenance Work
nil nil 800 Dead Trees Removed -
Hall Hire:- 1140 Exterior Wood Painting -
520 Art Class
 490 1940 (To Major Expenditure) -
104 Aughton U3A-Wellbeing 420 (Page 2-19)
71 Aughton U3A- Cash Flow - Maintenance & Repairs.
720 Aughton U3A – Italian 888 60 Alarm Service -
240 Aughton U3A – Poetry 240 274 Boiler Service
 275
480 Aughton U3A – Spanish 540 6 Boiler Test & Wiring 365
1364 U£A- Table Tennis
 1410 27 Broad-Band wiring 123
78 Aughton – Vegan
 - 60 Chairs12 Armed- Donated 634
124 Away Days
 360 320 Cleaning Materials 55
70 Band Practice
 257 192 Defibrillator Battery 358
578 Counselling 1-2-1
 40 174 Fire Alarm Inspection 192
475 Embroidery Class
 400 367 Fire Insurance
 391
354 Fun with Flowers 159 12 Kitchen Mixer Tap Repair 125
806 Holistic Touch
 1060 166 Light Bulbs & Tubes 21
375 Ladies Dance
 455 77 Lock 5
Life Coach 95 23 Toilet Repair 75
My Aughton Pilates 2115 210 Towels & T/Rolls 133
351 Ormskirk Pilates(Defined) 639 14 Tree Lights 32
52 Ormskirk Pilates (Neuro) 75
51 Sunbeams
 - 15 Wi-Fi Cabling 14
416 Tai Chi Class (Thurs a.m.) 480 75 Window Cleaning 50
468 Tai Chi Class (Thurs p.m.) 684 58 Maintenance Total 2848
54 Table Tennis (Dixon) - 315 (Code 3c-25)
760 Yoga Class ( Monday) 247 115
21 Yoga Class (Anna) - 100
468 Yoga Class (Feral Moon) 52 2660
546 Yoga Flow Class 525
1051 Private Parties
 1090
10597 (Code 2e-12) Sub Total12721
11462 Total Income
13123		 10879 Total Expenditure
 14451
EXCESS EXPENDITURE 1328 583 EXCESS INCOME -
14451 11462 14451

Page 2 -15

10b.
Code
20
23a

23a

23b
23c


24

 PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON
NOTES TO THE FINANCIAL STATEMENTS(Continued)`
for the year ended 31st December 2023.
ANALYSIS OF CHURCH ACTIVITIES Page (2-6) 3c

Wages/Salaries
2023 Designated Restricted
Totals
Organist
2604
2604.00
Relief Organists
93
93.00
Pension Costs
nil
nil
2697
2697
Church Running Expenses
Telephone
495
495
495495
Upkeep of Services
Altar Supplies/Service Books 361
361
Candles
184 184
Christmas Trees 186
186
Church Flowers
200
200
Palm Crosses
-
-
931
931
Church Maintenance & Fabric
Alarm Service_(Friends_) -
233 233
Boiler Service_(Friends_)
-228 228
Electric Wire Repairs_(Friends_) -194
194
Fire Ext. Service -
-
Fire Extinguishers
194
194
Health & Safety Inspection 864
864
Unblock Sewers_(Friends_) - -
Keys & Locks 6 6
Organ Repairs234 234
1298
655 1953
Church Insurances
(Friends)
Fire Insurance 4512 4511
Woodworm Insurance
nil
nil
45124512
Church Utility Bills
Electricity 493
493
Gas 4070 4070
Water
120
120
4683
4683
TOTALS14616- 655 15271
(Friends)

Page 2 -16

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023.

(All values to the nearest £)

11. ANALYSIS OF STATUTORY FEES PCC CHURCH FEES Page (2-5) 2d - Code 11
















12.
Code19

Code 21
Code 21
Code 21
2022

1872
240
150
25
100
50
2437

5943
600
75
150
6768
9205




INCOME

Weddings
P C C
Banns &Wed/Cert
Heat & Light
Console Use
Video
Live Stream
Funerals
P C C
Heat & Light
Console Use
Live Stream

FULL TOTAL






INCOME

Weddings
P C C
Banns &Wed/Cert
Heat & Light
Console Use
Video
Live Stream
Funerals
P C C
Heat & Light
Console Use
Live Stream

FULL TOTAL






INCOME

Weddings
P C C
Banns &Wed/Cert
Heat & Light
Console Use
Video
Live Stream
Funerals
P C C
Heat & Light
Console Use
Live Stream

FULL TOTAL







EXPENDITURE
2023
2022

1536
174
180
-
-
nil
Video

-
1890
NIL

5054
540
-
50
200
5794
9155
Surplus PCC Fees
7684 9205

.
ANALYSIS OF CHURCH MINISTRY
Various Items Page (2-6) 3c
2023

74879
Diocesan Quota
Clergy Expenses:-
787 Rector – Mileage
125Telephone
912

Rectory Expenses:-
Council Rates 3575
4066
Water Rates 491
(Less ½ Costs donate
H/T Bickerstaff 2033)
- Stationery
- RectoryInks
4066 Page (2-6) Code 3c-21
Visiting Clergy
nil Clergy Expenses
nil
Readers Subs
NIL
EXPENDITURE
2023
2022

1536
174
180
-
-
nil
Video

-
1890
NIL

5054
540
-
50
200
5794
9155
Surplus PCC Fees
7684 9205

.
ANALYSIS OF CHURCH MINISTRY
Various Items Page (2-6) 3c
2023

74879
Diocesan Quota
Clergy Expenses:-
787 Rector – Mileage
125Telephone
912

Rectory Expenses:-
Council Rates 3575
4066
Water Rates 491
(Less ½ Costs donate
H/T Bickerstaff 2033)
- Stationery
- RectoryInks
4066 Page (2-6) Code 3c-21
Visiting Clergy
nil Clergy Expenses
nil
Readers Subs
NIL
EXPENDITURE
2023
2022

1536
174
180
-
-
nil
Video

-
1890
NIL

5054
540
-
50
200
5794
9155
Surplus PCC Fees
7684 9205

.
ANALYSIS OF CHURCH MINISTRY
Various Items Page (2-6) 3c
2023

74879
Diocesan Quota
Clergy Expenses:-
787 Rector – Mileage
125Telephone
912

Rectory Expenses:-
Council Rates 3575
4066
Water Rates 491
(Less ½ Costs donate
H/T Bickerstaff 2033)
- Stationery
- RectoryInks
4066 Page (2-6) Code 3c-21
Visiting Clergy
nil Clergy Expenses
nil
Readers Subs
NIL

































2023
74879

787
125
912
4066
-
-
4066

nil
nil

NIL
-
-
4066

nil
nil

NIL
PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2-17 Page 2-17
NOTES TO THE FINANCIAL STATEMENTS(Continued)
13.(All values to the nearest £)for the year ended 31st December 2023.
ANALYSIS OF CHURCH ACTIVITIES Page (2-6) 3c
Code 22
MISSION COSTS		 & PARISH TRAINING
2023 Designated Restricted Totals 2022
Lent Course Excess Costs 20 - - 20 -
Baptism Books
12		 - - 12 59
Baptism Candles 180 - - 180 84
Christmas Services Flyers
332		 -
 - 332
 312
Services Posters.
46		 - - 46 24
Father’s Day Beers
56		 -
 - 56 28
Wednesday Communion Food 603 - - 603 -
Coronation Books & Markers 288 - - 288 -
St Helen’s Brass Band Service 400 - - 400 -
Cathedral Choir Tea 36 - - 36 -
School Adverts
15		 - - 15 -
Mission Costs & Parish Trn 1988 - - 1988 507
Page (2-6) 3c Code 22

- ANALYSIS OF ADMINISTRATION COSTS Page (2 6) 3c

Code 23a
Books & Ledgers
Gifts:-Flowers - School Head
Subs:-
CCLI Licences
Church Music RSCM
LACR (Bells Subs)
Roots Web Subs
Totals		 2023

-
-

-
-

574 574

127 127
10 10
55
55
766
**766 **





2022
15
100
532
110
10
……
767

NEW A3 PRINTER &

Code 23a
2022
16
136
nil
152		 SMALL PHOTOCOPIER COSTS Page (2-6) 3c
EXPENDITURE 2023 2022 INCOME
2023
Paper
46 12
Cash Sales27
Toner
- 140(Page 5) (Code 12)
New Printer610
Deficit 2023629
Total(Page 6 Code 23a) 656 152Total656



- CHURCH MAJOR CAPITAL EXPENDITURE Page (2 6) 3d

Code 27
General
Funds
Church Path – Gravel Temp Repair -
Church Path-Yorkstone Repair-		 Designated
Ch. Maintenance
-
-		 Restricted
Funds
nil
nil		 20232022
COST
nil 1,264
nil 16,440
NIL 17,704

20232022
COST
- 800
-1,140
- 1,940

Sub TotalTo Page (2-6)3dNIL
HALL MAJOR CAPITAL
Code 28
General
Funds
Hall – Remove Dead Trees -
Hall–Exterior Wood Painting-		 NIL NIL
EXPENDITURE Page (2-6) 3d
Designated Restricted
Ch. Maintenance Funds
- -
- -

Designated
Ch. Maintenance
-
-

Sub TotalTo Page (2-6)3dNIL		 NIL NIL

Page 2– 18

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023. - - ANALYSIS OF CHURCH ACTIVITIES Page (2 5) 2b & Page (2 6) 3a

14. ST. MICHAELS

14. ST. MICHAELS ST. MICHAELS
CHRISTMAS LANTERN CAROLS
AND CHRISTMAS MARKET 2023
Income £ Expenditure £
Bottle Tombola 85 Fridge Magnets/Key Rings 30
Craft Stall 49 Sweet Cones & Craft Items 13
Jam/Chutney Stall 48 Tea/Coffee/Milk/Mince Pies
 49
Mulled Wine 56 92
Raffle 136 Mulled Wine
 43
Refreshments 53 Page (2-6) 3a Code (17)
 135
Name Snowman & Water Rudolf 15
Santa’s Toy Sack 17 Excess Income to PCC
 £379
Hot Chocolate & Reindeer Food55
TOTALPage (2-5) 2b Code (9) £514 TOTAL £514
WEDNESDAY FELLOWSHIP ACCOUNTS 2022 (RESTRICTED)
Income £ Expenditure
 £
Membership Subs. 110 Hall Light & Heating 125
Meeting Subs. 421 Speakers & their Charities 146
Bethabba Visit 152 Charity – Child Sponsorship 50
Bethabba Visit 190
Refreshments 10
Flowers & Card & Prizes 10
TOTALPage (2-5) 2e Code (12) 683
TOTALPage (2-6) 3c Code (25)		 531
Excess Income for 2023 152
Total 683 Total 683
Surplus b/fwd from 31/12/22 340
Plus Excess Income for 2023152 Funded by:-
Cash at Bank 31/12/23 £492 Surplus carried forward to 2024 £492
Page (2-8) (6)

Accounts Prepared by Mrs Janet Entwistle. Examined by Mr B. De Vonald. PCC Treasurer 16/1/24

SOCIAL GROUP ACCOUNTS

£ £
Credits Debits
Balance brought forward 1005 Transfer of Balance1005
to Friends of St Michael
Page (2-10) &Page (2-6) Code 3c-25

Account Closed 2023

Prepared by Mr Neil Jones - Social Committee Treasurer. Examined by:- Brian DeVonald - PCC Treasurer

Page 2 - 19

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023. ANALYSIS OF CHURCH ACTIVITIES - - Page (2 5) 2e and Page (2 6) 3c

15. FOUNDATION SCHOOL GOVERNORS

DAY SCHOOL TRUST ACCOUNT DAY SCHOOL TRUST ACCOUNT DAY SCHOOL TRUST ACCOUNT
(Restricted)
2023 2022
**Incoming Resources:- ** £ £
Income from Activities:-
Code 2e-12 Aughton Pavilion Playgroup
1400 1400
Code 2c-10 Bank Interest - -
1400 1400
Resources Used:-
Operating Costs:-
Land Rent - 772
Insurance 440 432
Pre-School Repairs:-
Repairs to Ramp - 300
GLSS Locksmith 208 -
AC Electrician 120 -
School Expenses:-
NIL
 - -
Code 3c-25 Total Expenditure 768 1504
Net Income/(Outgoings) 632 (104)
Balance from previous year 7405 7509
Balance as at 31stDecember 2023
 8037 7405
Funded By:-
Page 2-8 Lloyds/TSB Cheque account 8037 7405
Note 6
Accounts prepared by:-
Mrs Janet Smith
Treasurer
Accounts examined and found correct by:-
E.B.DeVonald
PCC Assistant Treasurer
16th January 2024

Page 2 - 20

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL - AUGHTON

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31[st] December 2023.

16.
Bank Reconciliation as at 31st December 2023.
BOOK BANK A/C AS AT 1/1/2023 C/A
£ 24,489
Per Year End A/c's
LEDGER INCOME to Date
31-Dec-23
£138,942
£163,431
LESS
LEDGER EXPENDITURE to
31-Dec-23
(£139,245)
LEDGER BALANCEAS AT :- 31-Dec-23
£ 24,186
PER BANK STATEMENTS:-
AS AT 31-Dec-23
C/A £ 23,887
£ 23,887
PLUS CREDIT IN ACCOUNTS BY 31/12/23
BUT NOT BANKED
Pay-In re 31 Dec 2023 £298£ 299
£ 24,186
Page (2-8)
EXCESS EXPENDITURE:-
LEDGER INCOME to
31-Dec-23
£138,942
Less
LEDGER EXPENDITURE to
31-Dec-23
(£139,245
EXCESS BOOK EXPENDITURE=£ 303		 16.
Bank Reconciliation as at 31st December 2023.
BOOK BANK A/C AS AT 1/1/2023 C/A
£ 24,489
Per Year End A/c's
LEDGER INCOME to Date
31-Dec-23
£138,942
£163,431
LESS
LEDGER EXPENDITURE to
31-Dec-23
(£139,245)
LEDGER BALANCEAS AT :- 31-Dec-23
£ 24,186
PER BANK STATEMENTS:-
AS AT 31-Dec-23
C/A £ 23,887
£ 23,887
PLUS CREDIT IN ACCOUNTS BY 31/12/23
BUT NOT BANKED
Pay-In re 31 Dec 2023 £298£ 299
£ 24,186
Page (2-8)
EXCESS EXPENDITURE:-
LEDGER INCOME to
31-Dec-23
£138,942
Less
LEDGER EXPENDITURE to
31-Dec-23
(£139,245
EXCESS BOOK EXPENDITURE=£ 303		 CREDIT
CREDIT
Code 6

£ 24,186
£ 23,887
£ 299
£ 24,186
Page (2-8)
£138,942
£139,245
£ 303

Mr E B DeVonald

PCC Assistant Treasurer

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 - 21 NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31[st] December 2023. Financial Review – 2023

The total Income of £123K against Expenditure of £124K produced an Excess of Expenditure of £592 . Fortunately, the Investment Bond increased in value by £6,372 which changed the Excess Expenditure to a Capital Gain of

£5,780.

Legacies totalling £10K were used to enable the Bank Account to stay in credit whilst paying the monthly bills which included a reduced Parish Share of £6,240pm (£74,879 for the year).

During the year, the Harvest Hot Pot Quiz and the Christmas Lantern & Carol Fair were held. Both events helped boost Church funds. Also, the Friends of St Michael provided two Bridge Afternoons and a Brass Band Carol Concert. These “Friends” monies plus their accumulated funds were used to pay £2,216 to cover some Church Building costs and £4,649 to cover upkeep of the Graveyard . The automated Subscriptions to the Friends allowed this to happen and the PCC are again thankful to the all the people involved and the work put in by the Committee.

The Church Hall has again been maintained and kept to a high standard by the Church Buildings Manager. His dedication and hard work made the Hall a pleasant place in which to hold functions. This is shown by the Rental income increasing to £12,721 for the year . He has made many improvements to the Hall grounds and gardens by installing and upkeeping many shrubs and ornamental fixings. The Stone Cross inset on the front wall of the Hall with lights, which he installed, has become a permanent and welcomed feature. A n Excess Expenditure of £1.329 was made for the year, due mainly to increased Gas and Electricity costs.

The Financial Outlook for 2024 has greatly improved. As usual, we must rely on the Parish Giving Scheme and Standing Order plus Envelope Offerings to sustain our regular income. These manual schemes need to be transferred to the Parish Giving Scheme in the near future to help our book-keeping systems to be efficient. We have to joined the On-Line Banking System newly operated by the Diocese to allow our recently formed Finance Team to function better. This will spread out the work presently carried out by the PCC Treasurer. During the year 2023 a Dual Accounting system was used to slowly transfer and match the accounting systems. This is the last year manual accounts will be produced. In 2024 we shall rely solely on the Diocese “MyFund” system.

Fund raising activities will continue again in 2024 by the Friends of St Michael together with the usual Fairs etc. These events plus Legacies should allow the payment in full of our Parish Share for 2024. Our Investment Bond has increased in value to £75K, and we expect the Bond to continue increasing. These monies are mostly available to the PCC and should ensure our sustained viability as a Church serving the Community of Aughton.

Reserves Policy - 2024

The the only Reserves we have to call upon are represented by the Investment Bond value, as the LDBF Deposit Account is mainly Restricted funds. The Bond is presently worth £75K of which £12K is an Endowment, leaving £63K as PCC Reserves.

Funds Available

The Notes to the Financial Statements, Page 2-13 show that PCC Unrestricted Fixed and Current Assets total some £92K. i.e. (The ABRDN Fund of £63K+ Unrestricted net Current Assets £25K + Designated Deposit Balance of £4K). Therefore, the available “Free Funds” after allowing for Reserves as above is £29K as at 31 December 2023. (The Parish Share alone costs £6,245 per month which will be paid out the next day, leaving £23K available on 1[st] January 2024 ).

Financial Plans for the Future

The PCC are taking an active part in the future plans to expand the work of our Cluster of Churches in Ormskirk Parish Deanery, in an effort to grow our Churches.

Our newly formed Finance Team has attended instruction courses at St James’s House which should enable the Parish Finances to be run more efficiently and to spread the work out between several persons.

We intend to continue promoting the activities of The Friends of St Michael and to promote the use of Legacies.

Brian DeVonald – Assistant PCC Treasurer.

PAROCHIAL CHURCH COUNCIL OF ST. MICHAEL – AUGHTON Page 2 - 22

NOTES TO THE FINANCIAL STATEMENTS (Continued) RISK MANAGEMENT 2023.

Finance.

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

Liverpool Diocesan Board of Finance re Clergy Fees. Fees for Bell Ringers and Organists at Weddings. Fees for Organists and Grave Diggers at Funerals.

Special Collections for :-

Children’s Society, Compassion Child Sponsors , C.A.L.M. Charity, Skelmersdale Food Bank, Traidcraft.

- Financial Risk Rating:

High impact x Low likelihood = Medium Risk

We think that any future Church or Hall building maintenance required; or emergencies which may occur, should be well covered by our Reserves of £63K. The Friends of St Michael have also accumulated funds of £30K which help towards the costs of repairs to the Church Fabric.

The church working capital is held both on current account with Santander Bank, and on call with the C of E Central Board of Finance. The existing Investment Bond (£50K) has now changed its name and is run by ABRDN Investments. It is now worth £75,280 as at 31[st] December 2022 and is regarded as holding the Reserves plus the £12K Miss Holmes Endowment. The PCC consider this to be an appropriate investment 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 – Assistant PCC Treasurer

Operational Risk Rating:-

High impact x Low likelihood = Medium Risk

In the event the Church building should be unusable, the Church Services can be held in the Church Hall, which is situated on the opposite side of Church Lane to the Church buildings. The Hall Office which is lockable, will serve as a place to count monies and store valuables temporarily.

The Annual Report for the year 2023 was approved by the PCC on 22[nd] February 2024 and signed on its behalf by:-

Rev Andrew Housley Mrs Margaret Ellams

RECTOR CHURCH WARDEN

INDEPENDENT EXAMINERS REPORT (SORP 2015)

to the PCC of St. Michael, Aughton For the year ended 31[st] . December 2023

,

as set out on pages (2-1) to (2-22) 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:

Basis of independent Examiner’s statement

My examination is carried out in accordance with general Directions given by the Charity Commission. Furthermore, I have reviewed the Parish Resource website for relevant latest guidance to ensure that my work has been relevant to the direction set out there.

The examination is 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 requiring explanations from the PCC. 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 matters have come to my attention which give me cause to think that:

I have come across no other concerns to which attention should be drawn to enable a proper understanding of the accounts to be reached.

Independent Mr. D. S. Thomson Examiner 32 Windermere Crescent Ainsdale Southport PR8 3QS