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|Background|Background|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The PCC of||St.|Michael and All Angels has the responsibility|||for co-operating||with the incumbent|||in|
|promoting|the whole mission ofthe Church, pastoral,
evangelistic,||||||social and|ecumenical|within the|||
|ecclesiastical||parish.||Italso has maintenance
responsibilities||for the Church Centre in Oaverdon.||||||
|Membership||||||||||||
|Members ofthe PCC are either ex officio orelected by the Annual
Parochial Church Meeting (APCM),
which this year took place on 17~April 2023, in accordance
with the Church Representation
Rules.||||||||||||
|During the|year,||the following served as members ofthe PCC:|||||||||
|Incumbent:||||The Reverend
Alison Hampton||(retired 25~ December 2023)||||||
|Warden:||||Mrs Sue Jacques||||||||
|||||Mr Jonathan
Evans —appointed||17~|April 2023|||||
|Representatives|||on the Deanery Synod:|||||||||
|||||Mrs Sue Jacques||||||||
|Elected Members:||||Mrs Sandra Aitken||||||||
|||||Mr Steve Aitken||||||||
|||||Mrs Alison Bird||||||||
|||||Mr Richard Bonsall —PCC Treasurer||||||||
|||||Mr David Eastham||||||||
|||||Mrs Pat Farmer (resigned
17th April|||2023)|||||
|||||Mrs Andrea Gardner||||||||
|||||Mrs Penny Hanson
Mr David Markham
(resigned|17"April 2023)|||||||
|||||Mrs Julia Waldron||||||||
|||||Mrs Ann Anthony
(appointed|17th April 2023)—also Minutes||||Secretary|||
|Coated Members:||||The Reverend
Philip Hanson
Miss Chelsi Argabright
(Family||& Youth Minister) —IeR 31"August 2023||||||
|The PCC met 8times||||during 2023. At each PCC meeting,|reporls||were received from each|||ofits|sub-|
|committees||and|from|the incumbent
and treasurer.||||||||
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|||Unrestricted|Restricted|Endowment|Total Funda||
|---|---|---|---|---|---|---|
||Note|Funda|Funda|Funda|2023|2022|
|||E||E|||
|INCOMING RESOURCES|||||||
|Incoming Resources from donors|2(a)|69,441|1,607||71,048|65,730|
|Other voluntary
incoming resources|2(b)|3,000|||3,000|21,500|
|Incoming Resources from|||||||
|operating
activities|||||||
|-Io further the Council'S objectives|2(c)|4.017|||4,017|5,013|
|-Iogenerate
funds|2(d)|25,038|||25,038|18,387|
|income from inveslrnenis|2(e)|2,095||1+87|3,382|3370|
|TOTAL INCOMING RESOURCES||103,5$1|1,607|1/87|106+85|113,$00|
|RESOURCES EXPENDED|||||||
|Grants|3(a)|(300)|1,487||1,187|7,917|
|Activities direc6y rela6ng Io|||||||
|the work ofthe Church|3(b)|102,575|120||102,695|122,685|
|Church management
and administration
TOTAL RESOURCES EXPENDED|3(c)|8,317
110,592|1,607||8,317
8,536
112,1$9139,138||
|NET RESOURCES INCREASE I(EXPENDED)||(7,001)||1387|(5,714)|(25+38)|
|GAIN l'(LOSS) ON INVESTMENTS - unrea$sed||9,086|3.473|5,301|17,860|(20,433)|
|NET MOVEMENT IN FUNDS||2.085|3+73|6,588|12,146|(45,671)|
|BALANCES BROUGHT FORWARD|||||||
|AT- 1January2023||131,281|140,093|54,889|326,263|371,934|
|BALANCES CARRIED FORWARD|||||||
|AT- 31December2023||133366|143,566|61/77|338/09326,263||
||||Note|2023|2022|
|---|---|---|---|---|---|
||||||R|
|FIXEDASSETS||||||
|Tangible fixed||assets|5(a)|112,641|1'I2,641|
|Investment|assets||5(b)|186,921|169,061|
|||||299,562|281,702|
|CURRENT ASSETS||||||
|Debtors||||16,074|17,333|
|Cash at bank and in hand||||28,802|39,551|
|||||44,876|56,884|
|LIABILITIES;Amounts||falling||||
|due within one year||||6,029|12.323|
|NET CURRENT ASSETS||||38,847|44,561|
|NETASSETS||||338809|326,263|
|FUNDS||||||
|Unrestricted|||10(a)|133,366|131,281|
|Restricted|||10(b)|143,566|140,093|
|Endowment|||10(c)|61,477|54,889|
|||||338809|326/63|
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||||||Unrestricted|Restricted|Endowment|Total Funds||
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|2023|2022|
|||||||||K||
|2(a)|I|||||||||
||Planned
giving:|||||||||
|||GiRAid donations-regular|||32,444|||32,444|38,999|
|||Gilt Aid donations-one||off|12,621|||12,621|4,005|
|||Income tax recoverable|||12,333|||12,333|11,589|
|||Youth Worker|support|||120||120|120|
|||Other planned|giving||7223|||7Q23|5,988|
||Collections||||1,928|1,487||3,415|2,710|
||Magazine
donations||||1,283|||1+83|77|
||Sundrydonations||||1,609|||1,609|2+42|
||||||69,441|1,607||71,048|65,730|
|2(b)|er|v
n
in||||||||
||Legacies||||3,000|||3,000|5,000|
||Grants||||||||16,500|
||||||3,000|||3,000|21,500|
|2(c)|Inc|from||||||||
||rther th|||||||||
||Fees||||4,017|||4,017|5,013|
||||||4,017|||4,017|5,013|
|2(d)||||||||||
||Magazine advertisements||||6,793|||6,793|4,899|
||Floodlighting||||40|||40|70|
||Olher|Church Centre lettings|||17,635|||17,635|12,826|
||Sales|and other fundraising||events|570|||570|592|
||||||25,038|||25.038|18,387|
|2(e)||||||||||
||Dividends
and interest received||||2,095||1,287|3,382|3,270|
||TOTAL INCOMING RESOURCES||||103,591|1,607|1,287|106,485|113,900|
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|3|RESOURCESEXPENDED|RESOURCESEXPENDED|RESOURCESEXPENDED|RESOURCESEXPENDED||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Endowment|Total Funds||
||||||||Funds|Funds|Funds|2023|2022|
|3(a)~|||||||||K|E||
||Missionary||and charitable||giving;|||||||
||Church|overseas:||||||||||
|||-|missionary|societies||||298||298|2279|
|||-|relief and|development||agencies||420||420|1,476|
||Home missions and|||other|Church|Societies|200|281||481|1,679|
||Secular|charities|||||(500)|488||(12)|2,483|
||||||||(300)|1,487||1,187|7,917|
||Ministry:|||||||
|---|---|---|---|---|---|---|---|
|||- Diocesan quota||37,600||37,600|37,503|
|||- Vicar's expenses||979||979|596|
|||- Mission 8 outreach costs||209||209|342|
|||- Youth worker costs||20,389|120|20,509|28,597|
||Church|running
costs||5,03'l||5,031|6,692|
||Church|maintenance||5,870||5+70|2,861|
||Upkeep|ofservices||637||637|326|
||Upkeep|ofchurchyard||683||683|1,029|
||Expenditure
on magazfne|||5,409||5,409|5,611|
||Church|Centre running costs||25,768||25,768|22,789|
||Major repairs, replacements||and improvements|||||
|||-Church and churchyard|||||16339|
|||||102,575|120|102.695|122,685|
|3(c)||||||||
||Depreciation|||||||
||Bank Charges|||260||260|192|
||Printing|and stalonery and sundry expenses||299||299|1,156|
||Vice% ollce expenses|||584||584|508|
||PCC admlnlslraive
salarfes|||7,011||7,011|6,579|
||Pariah bookeeping costs|||163||163|101|
|||||8,317||8,317|8,536|
||TOTAL|RESOURCES EXPENDED||110,592|1&607|112,199|139,138|
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||||||Freehold Land
8 Church
C N|Freehold Land
8 Church
C N|Equi
ent k
Came|Ch„mh|Garden
Equipment||
|---|---|---|---|---|---|---|---|---|---|---|
|COST||At 1 January 2023||||112,641|3452|7,410|2,574|126,177|
|||Additions|||||||||
|||At31December|2023|||112,641|3,552|7,410|2,574|126,177|
|DEPRECIATION||At 1January 2023|||||3,552|7,410|2,574|13,536|
|||Charge foryear|||||||||
|||At31December|2023||||3,552|7,410|2,574|13,536|
|NET BOOK|VALUE|At31December|2023|||112,641||||112,641|
|||At31December|2022|||112,641||||112,641|
|The glebe Iield isfreehold land and is stated||||atcost|ofE6,641 (2022R6,641).||||||
||||||||At31December||||
||||||Units||Market Value||Coat||
||||||2023|2022|2023|2022|2023|2022|
|||||||||||E|
|General Funda|||||||||||
|AccumulalionsharesinCBFColEinvestrnentfund|||||4162|4162|24,854|22,063|6,167|6,167|
|Income shares in CBFCoIE investment|||fund||3g12.7 3312,7||72,624|66,329|40,672|40,672|
||||||||97,478|88,392|46,839|46,839|
|Restricted Funda|||||||||||
|Accumulation|shares|in CBFCoIE investment||fund|517.9|517,9|30,925|27,452|7,833|7,833|
|Endeernent|Funda||||||||||
|Accumulation|shares|in COIF investment|fund||46.9|46.9|11,624|10,330|217|217|
|Income shares in COIF Investment
fund|||||2,363|2,363|48.894|42,887|2845|2,245|
||||||||58,518|53,217|2,462|2,462|
|Total Inveatmenta|||||||186,921|169,061|57,134|57,134|
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|6|ANALYSIS OF NET AS|SETSBYFUND|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment||
||||Funda|Funda|Funda|Total|
||||E|E|||
||Fixed assets||97,478|143,586|58+18|299,562|
||Current assets||41,917||2,959|44,876|
||Current liabilities||(8,029)|||(6,029)|
||Fund balances||133,366|143,566|61,477|338,409|
|7|DEBTORS||||2023|2022|
||Debtors forgoods and services||||873|559|
||Other debtors (Including|tax recoverable)|||15,201|16,774|
||||||16,074|17,333|
|8|UABIUTIES: Amounts|fatling due within one year|||||
||Accruals and deferred income||||6,029|12,323|
||||||6,029|12.323|
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