Charlty Reglstration Number 1130001 PARISH OF ST MICHAEL THE ARCHANGEL ALDERSHOT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 INDEX TO THE FINANaAL sfATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 PCC Informatlon Pa8e I Jncll Members Report Pa8e$ 2 to 6 Independent Examlners Report Pa8e 7 ststement of Flnanclal Artlvltles Pa8e 8 Balance Sheet Page 9 Notes to the Flnanclal Statements Pa8es 10 to 16 PAR15N OF ST MIC114EL THE ARCHANGE4 ALDERSHOT PCC INFORMATION The Worn8e 120Churth i•r* Eart Njderj HampsNre GUII 355 MembwsolthePCC4reoltherexoFRdo oreleued bytheAnnu•l Pimchlal Churth MeeWn8lAPCMI kn accordanttvAth thtCIMrch ReP￿e￿I￿on Rules. from Aprll 2008 themernbershlp svu¢wre w•sieor8anlsedtDform a PCC wlth each thyrth ha*An8 rep¥e5entstlDn •s freetyde¢te6trythemembers wlthnodefined n￿OI1ePre$en14tI¥e$ eothdW￿ upto8 mayAffl¥rno112 ele¢*d membus. Ourt￿theY¢￿rthlIOII9wknlserve￿ •smernbers dth• PCC: The fie¥emdA1￿ Parelrn Ursulasutherfarul eran tlesmond Adrew Murphy Reslrnl 26 Moy2024 Appolnted26 l•W2024 Barbara Fletcher Juthth Wyall Appojnted 28 MBy1024 P8rlshae V¥1 Rertt lan Powdhch Jexandra Da Mlthael 8yroTrThwn8s Sean Barrlngton si•cey8arrfo8ton th•el Sutherfind June Mllrter Mlthazl L￿M￿￿e Clare D¢no¥an Emllymurphy Sue Ed6dev Saffluel FalcoTrLa Rttlwed onl Septrmber2024 Appolnted 26 May20Z4 Appolnwd Z6 May2024 AppOi￿ed 26 Mty2014 Res1w￿0 26 Prtty2024 Utsjohr PaTtshSouetsry Iksula￿thed1ftd A¢tln8 Bankn efttral Boafd of RnarKe olthechurth ofEn8l•rtd StAlpha8e House 2 Forestreet Ndtwest B8n* PIC 30 WellIn8￿Stre Alder5hot Hampshlre GUII IYJ EC2YSAQ show Glbb$ IAudiil Uml AttouDtants Weycourtwest Vnlon Road Farrtham rrryGL59 TrT l. Legal Status The PCC is formed under the Church of England Assembly (Powers) Act 1919 and Parochial Church Councll (Powers) Measure 1921 and currently regulated by Church Representstlon Rules Schedule 3 of the Synodical Govemment Measure 1969. The PCC Is registered wlth the Charity Commisslon. charity number 1131)001. l Objects of the PCC The PCC is responsible for Covoperatlng with the Incumbent in promotln& in the eccleslastical parish, the whole mission of the Church, pastoral, evangelistlc. soclal. and ecumenical. It also has maintenance responsibilities Measure 1969. 3. Commlttee5 Standing Commlttee: This Is the only Commlttee requlred by law. It has power to transact the busin￿$ of the PCC between its rneetings of that Body, subject to any dirertlons given by the Council. Other Committees are formed as and when required. 4. Achlevements and Perforniance The PCC met 6 tlmes durlng the year2024. Thls was held on the 7 Feb. 3 Apr. 18 May. 3 Jul, 21 Sep and 4 Dec. As of 31" December 2024. there were 127 people on the Parish Electoral Roll. The Trustees have paid due regard to the requlrements for public benefit arKI believe that the Charity provides opportunitles for all. In doing so we have been intentional about practicing culture of Invltstlon and hospitality. and relatlonship building based on values of belng God's lovlng community here in Aldershot, in all our activities: Values Belng Inlenlional about praclicing a culture of irithon V4• WHOLÉNÈSS WELLBE114G 5. Flnanclal Revlew Our total income increased by 27% from £163K to £207K driven In the main by a large grant of £47,339, enabling us to pay the Parlsh Share in fulll Our rental Income increased followlng refurbishment and donations by bankerg order Increased. Key areas of expendlture were paylng 12 months of full Parish Share (compared to only £15,000 In 2023) and paying for school Ilfe coathing and the GFF survey. Compared to 2023 we economised on electricity by openlng the church as a warm bank for shorter periods. Page 2 It was a joy to be able to support some impactful and worthy causes to the amount of £9,400, around IO% of our unrestricted income. We were able to make significant differences and to partner with God's mission (see Stewardship & Sustainability page 6 and note 9 on page 12: Missionary and Charitable Giving). The Balance Sheet 6. Plan5 for Future Perlods - We discern the Spirit is at work and resourcin8 us in these areas Our Missional plans will be delivering our Church Development Plan, and we will be concentrating on 5 foci: Increased corporate Prayer 'Ii Building Qualily Relaiionshipsrrrust Home. Church and Schools Diverse Leadership Development- Ordinands, lay Ipader5 Disciple. making Culture Sustainability- Ascension, café. reordering Housing Projeci Quality of relationships: strengthening relationships with schools, families, youth ,children and wider networks. Creating a Disciple-making culture; Increased corporate prayer- Increasing financial sustainability; and Leadership development and increasing diversity liv) Iv} 7. Fabrlc Improvements The following repairs and improvements are being considered at St. Michael's.. The re-ordering of the church,. the organ space for storage, levelling the floor, solar panels, roof repairs in response to Quinquennial report, expanding the kitchen into a Café. 8. Investments We have £62,171 in Restritted funds including: Community Building, Youth Work, Discipleship Fund, Growing Faith Foundation, Worship Accessibility, Chancel Repair and Fellowship Fund. The interest on these funds was £3,315. Unrestricted Funds are general funds which can be used by the PCC for general purposes, The interest on these fund5 was £1,545. Page 3 9. Reserve5 Polky It Is PCC pollcy, In principle. to endeavour to malntaln a balance on general reserve to meet six month's unrestrlcted payrnents. 10. R15ks The major rlsks to whlth the PCC Is exposed, as Identffied by PCC members. have been reviewed and systems have been estsblished to mitigate those risks. IL General The financial statements compty wlth current statutory requirements. the requlrements of the Statement of Recornmended Practice and the Charity's 8oveming docurnent. IL Member5 Appolirtments and New Members Proceedlngs Members of the Parochial Churth Counal are elerted each year at the Annual Parochial Church Meeting. Each member Is nornially elected for a period of three years, on a rotative basls, to ensure continuity over a three-year cyde. New Members are appointed for shorter periods to cover vacanaes when they occur. All new members must personally satlsfy and be proposed and seconded in line with the Church Representation Rules, to be able to serve on the Councll. Ex- officio members of the PCC include the Deanery Synod Representatives, the Churchwardens. and the Parlsh aergy. 13. Council Members Responslbllltles The Council Members a￿ required to prepare, for eath financial year, finanaal statements whlch give a true and fair vlew of the state of affairs of the PCC and of the results for the period. In preparing the financial statement the council members are required to: selert suftable accounting polioes and apply them consistently. rnake judgements and estlmates that are reasonable and prudent. prepare the flnanclal ststernents in accordance with the methods and principle5 set out In the Statement of Recommended Practice Accounting and Reporting by Charlties and to state whether the accounts have been prepared In accordan￿ with that Statement and applicable accountlng standards and prepare the flnandal statements on the 80ing concern basls unless it Is Inappropriate to presume that the church will continue In operation. The Council Members are responsible for ensurlng proper accounting records are kept which dlstlose, with reasonable accuracy at any time, the finandal position of the PCC. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detettlon of fraud and other Irregularities. ChaIM￿n.$ Annual Report (Vlcarfs Report) A Year of Growth. Impact, and Hope Introductlon As we reflert on 2024, we stand in awe of all that God has done through St Michael's Aldershot. Thls has been a year of deepening falth. growlng community, and extendlng love to those In need. In a town faclng thallenges, we have been a Ilght, a place of welcome. and a home for many. Together. we have witnessed transfomiatlon-both within our thurch and in the Ilves of those we sen*. Page 4 From baptlsm5 to communlty Outreach, from Intergeneratlonal worshlp to 5UPPOrtlng the vulnerable, we have seen our vlsSon of Growlng Falth, Growlng Communlty, and Growlng Dlsclples come to Ilfe In powerful ways. Growlng Falth Falth h35 been at the heart of all we have done In 2024. Our FOMO {Flrst of the Month Only) Intergenerational servlces have continued to thrlve, engaglng a dlverse congregatlon wlth creatlve storytellingi drama, and Interactlve teathlng. Attendance has grown, wlth more children and farnilles dlscoverlng falth and a deeper sense of belonglng. We have ￿lebrated baptlsms throughout the year, wlth a number of older chlldren and adults taklng thls Important step In thelr falth Journey. Alpha courses have provided a space for seekers to explore Chrlstlanlty, and our Wednesday Reflertlon Group has helped deepen dlsclpleshlp through 5tudyln8 the Gospel of Luke-A¢ts, Hymns we love resource. At Easter, our Passover Celebratlon and Good Frlday reflertlons provlded profound moments of splrltual renewal, culmlnatSn8 In an Easter Sunday fllled wlth Joy and new Ilfe. We were once agaln recognlzed as a Growln8 Falth Foundatlon (GFF) Natlonal Hub, affirmln8 our commltment to Inte8ratlng falth Into homes, schools, and church Ilfe. The GFF leadershlp team pralsed our work In reachlng the "unchufched" and bulldlng a congregatlon that truly reflects the comrnunlty we serve. Growln8 Communlty One of the deflnln8 aspects of our church thls year has been our commltment to fosterln8 8enulne communlty. Our Dropln Café, has been a beacon of welcome, especlally for parents from St Mlchael's School. Wlth the School Llnk Worker now In attendance, the café has provSded a Space for connectlon, encouragement, and support. Slmllarly, our Playsense Café, launched In June, has made a huge dlfference In the Ilves of youn8 parents wlth chlldren wlth addltlonal needs breakln8 lonellness and bulldlng frlendshlps. We have contlnued to work closely wlth our local schools. 80th the Junlor School'5 OFSTED and SIAMS reports rated them GOOD, a testament to the shared commltment of school and church to nurture and Insplre chjldren. Easter and Chrlstmas school servSces saw over 800 thlldren and parents engaglng wlth the Bospel. We also wltnessed the power of communlty durlng our 8i>year annlversary of D-Day celebratlon, where we opened our doors to the town, and durln8 our Longest Nl8ht Servlce, where we stood alon851de those experlenclng loss and grlef. Growln8 D15clples We have rernalned commltted to equlpplng people to grow In thelr falth and serve wlth pa551on, Thls year, both Sean Barrln8ton and Kosma Rybak have prartlced preachln& stepplng Into leadershlp wlth confIden￿. We have Invested In safeguardlng tralnlng and pastoral care, ensuring that St Mlchael's Is a safe. wel¢omln& and splrltually nourlshlng place for all. Our HeallnB Group has been a source of great encouragement, offerln8 prayer and support to those In need. Meanwhlle, our Ladle< Evenin8s. Youth Groups, and Blble studles have created spaces for splrltual formatlon and encouragement across dlfferent age groups. Transformlng Our Spaces for Mission Page S for retsrdertn8thè ¢luJrth to bemorea￿￿lb104nd￿4￿¢mI￿rf took stepsforyArd thts year. We tsdded essentlal ￿paI￿ wthas ihetspstonè reswrniEoffj •nd contlnued plannln8foi the redevelopmeftt o1theAKtythxI￿ onsurfnBthatour bulldln8sswve ts mlskn ofth¢ ¢hurth railrerthan Itmll The lftvestmfrnt In sustalnabteeneryy solut10￿ Includ[n8sm￿ meters ¢nd heatln8 wlll helpu5 steward ourresouiceswlsety. ensurln8oMrrtwr¢h remBln$a plttce of t*am)th-both physlcalty and splrftualty-foryearstvwmfr. Ste¥AYdshlp a5￿$111n￿b1l1ty Flnan¢laNyi thls has be¥D4 ywof falth ¥rMI pro¥151on. Oesplte Inrxeadng ¢0s4 ow total Income roseb¥ 27Xfvelled by • lar8e 8r4ntfrom the Parfsh a¢rYs EndowmEnt Fund. wNch enabled usto payourfvu Partsh Shar* a wellulnu¢•sed rwtsl Income. Fundralsln8 rnlsed £1,954. We ha¥effem¥tnedfaSthful In 8i¥kn8bacK donaiin8£9.400to Impacthd ¢ause4 enwrlnith•ta5TM 8row. we aEsobletsots￿r% Aswe3teplntoa newyear. ￿ do ￿ wlthyeathope and expectstlorn Our plans for 2025 lrt¢ludÈ: Expar1dl￿0ur pwmlNts¢ry. w5th n￿aPport￿rat1$$ forc¢Trortte and Pe￿on￿l prny¢r Strqnth•nln8o¥rthltdrnrfsand youth mInW￿ enAsrln8f4fth l¥ nurtured fromthewyJ iaunthlTr8a aféspaA, Offerfnga￿lcQM1D8 env1r￿ment lorthe whote ¢ommuftttv Dq•pBnln8 owoutreath tothevulfterdbl* espethltylhro￿h Plafftns••nd ¢YJfeomnfftrntrt to hou51n8 salutlo FlnallzlnB the rtde¥¢lopmmtof As¢on51fmilhtransForniln8lt Into a hub of mlsslfjn and m1ft￿ry Yo fvi Ntsneof thts would hvo been P￿Ible wlthoui thededirallwl, fafthfulne4 and 8ener051tyof our con1re￿Il0Tr. From those wh05erye In leadershlA tothosewhjset vp thalrn. welcome neweomL45.teach ¢traldren, or 4uIth Prny•eath ofyouts partoftho IbKrtdlblosWthat God lswrluni In Ald•rshoL Thank you foryourcomnthmenL Thank¥ou fr>iwwr falth. Th?nk you for bellevln8that transfonnatson Is pusslble. As wo rnove Iw*3￿, let us co woth lfvovr mldst. todream bl& pwboldly. and ￿l¥QWIth1￿, knovAn8thètfjod ts at To HIM be the 810ry1 vkar.st MithaeY5Alde Pa8e 6 pA￿￿H OF ST MICIIAEL ThE ARCHAN6E4ALDEASHOT REPORT OFTHE INDEPENDENT EXAMINER5TOTHE COUNCIL MEMBERSOF FOR THE YEAR ENDEO 31sr DECEMBER 2024 IndtpethJortexamlnerfsroporttsth•KColSt MJdwLAWersP#X l rnportto them¢mb¥softhe Pccon the of¢hBth•fOrthe￿efide0 3IO•¢embtr2024. 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