RECISTERED CHARII'Y NUMBER: 11.111913 rt of the Trustee$ And U*audited firt8li¢jo1 Stot¢men¢s for the Yehr Ended JI Detember 2022 for The Parochial Church Council of ihe Eccle51a5ti￿l PAfi5h tsf St Michatl PLILT Uplon Brid,.¥ H(ius¢ * BridbyL Avenue 1J1dLnh￿rf B¥Yk'bhir¢ SL(} I IIR The Parothl&l Church Countll of the EctlÉ%1*511tAI Parlsh ol'st Nlith2*1 Conttnts of tthe Fin&ncig1 Stgtementg Page R¢port 4)f the Trustee5 Independ¢ni Esomirt¢r's RepTrrt Statement of Flnanetsl Aetlvltles Bslanee Sh¢tt Notes to the FlnAnelil StAtements 10 10 17 The P8rochial Church Coun¢il of the Ec¢lesla&tical Parish of Si P4liehatl HI h¥aie rl olthe Trustees for tht l eJr Ended.11 Dtcember 2022 Thl IrustLKS pr&￿￿1 their rLwrt with th¢ fi￿￿￿LI￿1 stalLYhLnis cit IhL' for tliL VLttr thd¥Td 31 DL*X'rniKY 10?? ThL hav¢ di)pl¥xl Ilii pruvision% lif IhL' StaiemLIII i)f Ri'LiTrIiiiiiendL￿ PrdLIILL ISORPI 'ALl￿￿171111￿￿ JnLI R￿1￿111[1￿ Iiy ChariiiL*.- SrJiLlllLryJt ul- RLxi)Iriii)Lniltd PrdLtILI ilPI?liLablc to Lhariii¥% i)rcparillg thLiT JLLpunts in aiLM)rd¥lllW Miith thl FinL]iiLial Re[￿)rting Sr4?iidards appliiahll in ihL UK RLyublic ot Ircland IFRS 111?) Eftiiii¥L l Janu¥ry 2011)). OBJECTII'ES AND ACTIVITIES Obje¢iist5 and xlms ThL' rndin Lhtirilabl¢ purpii%i (If the PCC 15 thL ncwneTrr ot NIi¥TiOll. Si¥nificant activilie5 SI MiLhdL'I's uffers Lif .qervi¢&% from thl fÉ)rm&l trddiri()nul ri) less fwmol LX)ntL'mporJry tomi% (It ￿￿￿)hIp. A¥ IhL' i￿r¢I1%1¢Y (if thL Ccik jd-11) (Yi5i4 W4inLxi. fewer seThi¢ts ha￿'C been oftiYLd i)nlin¢. *lihL>ugh PCC iiiix*in¥s hail kl'n LxinduLiwl b(Iili iin line and taCL 10 tace. WL. provide Christian ILthLhing for all &ge4 with Sundoy SLhool pmvision tor Lhildrly) at iht 2 main Sunday Wi hyv¢ r¢suin¢d M**Sy ChDrnh , dtined at families. ai)d regular meLYing% for our youth mLMnbLYS. Shortly attLY E4iNliY nL) turthir CiiviJ-19 %ITILlinns appli¢d. Coirinunion was off£Yed in both kind%. Th¥ nornial paltLrn i)t'l).JU and 11.15 rL'%um¥d. Gr#ntm*klthg Thc PCC supp(>rts a nurnher of other ch&rili&4 by allocatin8 a proportion of the Church'% incoine thi I4'hol¢ ot. Ihc Chri￿m￿S EabieT othw 5PWlticd oftcting5. Volumtetrs St M?chael's Tclics on the 8LmtrOlJS.%UPPthrt of Tnttny vts1untee￿.. many of whom are li%ted in this reNirt. Apart from thL Sri[K￿d1￿ry Clergy. M'hv Jr¢ paid by Ihc Dioc£s4 chorisier%, iiiuqiciaiis. Ihe paii%h adTtLinistrator and youth workeT piiid fvr th¢ir ser%"ILLN by Si MiLha¢l'.4 directly. In aclditii)n. onL P41rt tiTnL CILf8y 15 SLlf-NuptMirtin Publfr Benefit In addilivn to Ihe prow"ision of religious sen'ices and Fastordl %uP1￿ the church is otKn for and aclivitLCS ti)r IliL Niider community.The pcc tL'l>ivc that arL giiid¢lin¢ Iwryvw.gL)i'.ulJguidat)CWLharity-purposes-and-Tulthl. Pu¥4 1 Tlje Parochlal Chur¢h Cowntil of the F.tclesia5tical ParSsh of St ￿liChael Re rt of the Trustees for th¢ %"tar Endtd 11 De¢ember 2022 ACHIEI.'EMENT AND PERFORMANCE Ch&ritable *tllvlties Church aitend*t)te It rLPi>rtLMi lo Ihc APCM in May tliai thi.4 i.￿r thc JnnuJl rLi"l*llSn lif the ChurLli EILL*ural Roll i(Mik" plilLL April &1ncl May r(%￿lILd in Ihc tolli)u4iig t1iyurL￿'. IL number k)ddLxI on LiimplLrion Ds Jr 13 April ?O??:15 Th¥ iiuinhLY rLinovLYJ tniiii rhl roll or moveé away).. 4 IL Iii)al nuinbrr uri IhL 111? I riill-. ?41 ill'eragc weekly atienddnLe at Sunday Sen'ices during OL%ober ￿'aS 1511112 ￿ults and 39 Lhildr¢nl. (?O?1.. 121. IVI adul1% aiid ?0 Child￿￿). ChildT<￿ d¥￿¢1￿￿1 ab bi'iii¥ uTrdLr 16 yeap% Vt a¥L. ReiiE 2022 The yLJr began wilh LDnlinuin¥ disLU￿l0n¥ th¢ prinLiple and Lonient of 'iha￿k yf)u laiers, that had been raig¢d in ?U?l. The sccretarv and ad ii)Ininiii¢e liad iabled a rekY>rt lor tlie Jaiiuary PCC mLYting. and further collsidcration ot the mullLf Wil to bc C￿￿ducted thn)ughout the coming ytrdr. MLJnMJhil£ Inany ot. Ili¢ iX>vid rule% LolliiiiuLxI 10 be relued. PLL)ple who take iollections were happy to rc5Uttbc thJt r41*k. and althou￿11 mask5 woulthl't bL obligatory the ￿lL￿r wi8 keen, i)n. 10 Lmcour#gL pwpl¢ io wcar IhLm. C(Y￿￿un]￿￿ ￿lIU]d *till be in L)ne kind at lh¢ ou14¢1 ibt'ihL v¢ar, bui ii hotrd rh¥r thin¥4 w(iuld b¥'bdLk ntKtnul' by EasteT OT bef4)rc. Th¢K indeL￿. iuniui out Ic) iK' Ilic ias¢. Anne CJ￿￿￿ll, Qt Isur LiiYD.4¢J Lay Minibicrs ai St Mi¥ha¢l'4, ttKTrv¥d 10 win11￿lir io continue her mini%lry. She. L(irn%iyuinily, tL11dLYL￿ her rÈsignati(Trn truiH Ihe PCC. ThL I'ILar t1)rtn￿llY Ihthnke(I her all she hod done duriiig her Inini_%try at St MiLhJLI'* all(1 Sh￿ hLr we]1 in the futurL' ill hcr rttw PthTi*h. Tli¢ tiiial draft of the Si Miihu¢l'4 Mi55i(In ALlii)n Plan w&$ pr¢4¢nil￿ tDr apprtsi?l in March. Further rttinLYIILnL% WL'TL ￿ddL￿ dunng thL yLJr- e*pecially th4)%e rL5ating tn grLrn eliur¢h I￿$￿e* - but it% thnnal launlth by the bishop did not tdkL placi Ihb4 yldr. To add w4iWii i(1 115 significJnii ¢1 %ira4 dtxidcd rci hai.'L an itetn on ih¢ MAP prugrtss vn ¢¥'¢ry PCC m¢elin& Thr(iugthciut thL yts)T thLYL' continued di%LU*sion of the *latL i)f the thurch spirL'. ￿1th Tr¢ LL)nipanv Ini¥hi be inleT¢%ILJd iii u.4lllll IE as a Ind%1. Ihiiuibl) the idea 4LLii1i￿ 10 cool as rlie yiar pri)gK%41xi. t￿rin￿l ih¢ Lours¢ ot Ihl ￿'11r. roo. i)ur adininistraior. Slamon, was 11snfinn¥xl in pÉi¥t. ￿-.1% in*rruiiiL*iiil in the i)fbJilTii%IIion L)t vur *ULLLS%lul LLlnLErt tiir iliL Ilkraine in Jun¢ whiih raised 4lttl()%l t4.1111ll..%￿¢lrica1IY t()r Ukraiiiian tClT th UnirLTrd Nation% Refvgcl Ab?iYcy IUN14CRI. (hjr IiLI4' yLiuih wiirkLY. Aiidy AlJrid¥¥. :Iiid orgJni%l. Mill.%, WLTL. rL*ruiied. MCan￿"hi1k tliL rtgular TuLaJy and LmiIiL￿llY halt'.hour rnxirJl% ii)niinucd Ill IITI)w mor¢ ￿pull￿r. did the WLllnL%% Caté whiLh WL liil%r al(Ing.%iclL thL Hlbjhg￿IC NLIi"li)ii'n Communitv CL'I)IfL'. ThLre li'd% .%￿QUI￿li(¥ll thai dLniand tOT thi LatL KT'ILXS mighr during Ih¥' v¥-JT the lil N.14irih a ￿per subiiiiltLTrd by CaihEYiIIL BudipL*t-Medkin diSLU.%%L*d ¥i'ays in whilh rliL Lhuruh L(iuld k. Ini)r¥ ¢ni'iniDiii¥ni-hi¥'ndly. It iniiiiixliuicly 4L¥Lri¢d C()uiiLil alid Il￿ li) a ()* tunh¥r initiaiii-L* I4.IIiLli JrL" 4)ngLiin¥. h￿IlL. li4lrtiiularly Ilt) ll'4iVN in whiih hL-alTrnir iiiid U*i iiiu141 IK. rLxlUL￿. It 41grccLI thai ￿'{)rK. Iiii th¢%¢ imTrJlJnt %￿)Uld bL iniL¥Mt tullv ii-iili MiKNion Ailiiin PlJii. tmrin.. Ilii Liiuf4i É)t' rhL ii'ill. IljNiU%%j(In¥ LLlllLLTlllllg thi rL4urbishiiiilll L)l- IliL voulh w'i)rk'urf.4 tl411 in tli¢ GrilNi. drtd the rLixiif* lIL*ry1￿1 Jt th¥ BINh￿ill Gard￿￿% pniylny Ii'tjLV an(t diiLThlt)'. Und¢r it IhLYL .%liiiuld bv.. RL4luliir tL¥IthiY¥ anJ prLa¢liing i)n r4lLiJI ju.4lllV. The ihuith h¢ inlLYllii)nal Jboui YE￿eLlIng diiLTrili- In Liur LhurLh tsi)I'¢m￿nC¥ Diid %rruiturth,' Appr()priarL irnpleinL'niatii)tt ot. recoiiimL'rtddiii)rt% ot 'LainL'nt lil H(}￿. iokL pI￿L￿,. PrDki%ii)n lif iiiiri-rJLisrn rrJiiiinb tcir rhiTr¥ Me￿ni¥ll11< progr¢%% the Hop¢ Windi)W LX)nri¢tu¢d, wilh %ulliii¢Mr fun(Lq kiiig diinaiLd anLI Ihb appri)priJi¢ faculÈiL'.% JppIiLid tor. WhLYL nLYLwry it iv&* ulider%to￿j thai ¢￿IL,11410￿5 10 IhL taLuliitt% would suftiie tt) make surL' wi)rk' iiLni ti)rwaT4J %ii)n th¢ LxILll%lQllS wcrc lippri?￿'cd. And a budg¢t ot t?fll li.¢. £185 + VATI wa5 approvul li) Qut a %urK'¥w (It th¥ stainL(l &lilK% wiThdi>w in th¢ sid¢ chapel Ihai ib LOKSId￿ 10 bc vulncrablc from collap4g. ITI Scpioniv. il wa.4 rcportcd that new ieiianis had I)￿1) tound ti)r Eli%ham Gardcii.4. hui Ihai lh¢ p￿)￿rty mighi k i¥DJntl¥x* t(Ir week or iwo. 11 was awaiting a wiring inspcLiion. and IhcrL might IK. a IL*k in Ihc roof. EvLrything. thougih. ivus rLyortLxl ¢11 b 'undir coniml." Septemlxy also saw th¢ d¢Jth of HM Qu¢¥m Elisibeth 11. Th¢ Lhurth join￿[ thL natiL)n in mwming ￿￿th. ThL' ihar￿1 w Lonierted intu a ¢hap¥l lif rLYn¢mbrJn¢¢ %%'hLYL Intynb¥￿ (if Ili¥ publil w¥r< th¢ ()pwirtuiiTrtv pray. libhi d LJiidle arid %ign thi Londolenct biK)k. Also a %￿LIa1 RL4uiein Mass in iiiLiiiiiry É)f th¢ laiL' QuL￿.￿ tc)iJk pl&Le ()n l ¥ SiPILniber •llti AN Ihl y¢¥T (Irw lil ¥ ili).KL li was ¢le¥idixl ih%lt Ihl ChuTLth Urban Fund %hi)uld ￿. IhL TILIPILni cit. halt. Ihu Chri%1￿& 41illL￿fiIw1S ihi* ylar. M'iih Ihl oihLr l)Jll' tK-in8 donated lo ihL' Al Ahli Arab Hi)4Pll411 ij) GaiA ITcl IhL JL'fu%alLtn Jnd Micl¢JlL East ChurcE) As%iKiaiion ¢hi l¢Jding AngJi¢aii Lharity supporring th¢ Lhurlh thToughiiur ihL' Middle £&st und Ni)rth Atrii Fundr*LSLng attii'ities Thl Inain fuiidrai4inf> tiLli%-iti￿ in the yL'ar inLludLxI partiCi￿li1￿n in IhL yearfy Hi¥h¥palL 'Fair in thL' rc, and lh¢ eo¢)utrt tiir ihe UkrainL. AN mLY1IIIX)L￿ in ihL Report ot'tlii Tru%tee% IhLYI' I4'LfL' (￿801n8 di￿U$*I1)li4 aknut IhL fk'i"ii"dl of aLIIVIIiL IhJi had pur c¥) h(Ild duc lo ihe curliir I1KkLlo￿'n rL%rTiLIII>II%. FINANCIAL REVIEII. Flnanelgl revle*' ThL inioinl ti)r I￿. vLJr 1% £53k alM)i'L rlil prii)r yLai'. *.3Ok c)t Ihig rclatL* Iii diinarii)11.4 11) tlil HIsiK Window Fund. ii'hiih 1% r¢￿(￿L¢L￿ tuTh(l. Tlii fLmiiiinili¥ of Iht inL￿1￿￿' uii last ytrdr liirbLl% rLlaie4 t(1 inirL'J%LTrd hall rLmlal illLClllli. ityhiLh rnxxii'irn'd Ir(iJn IhL diinini%hed aini)unr% LXtKriLnced durinb thL II)ikdiiwn tKYiiid. Sianding iirdL'r dLlll£iliiin.% lll%<> %lippLd LiLJili hy almii%r LL)k. laNLIy 11) rhL lack ot rlgular %tL%i'ardship aLII%'11V. ThiN .%hi)rttall i￿Unt￿r￿.1Ianc￿Xl by an Lquii-4ilLliI inLr¥&%c in (xillixYiiin.% iJk¢ uniigr I￿.hiLh i11¢T￿%￿xI due til IhL filJ.xJtivn uf It￿￿-(￿lI1-￿ TL.%tri¢tlLltl% duriii¥ ihL' v4-Jrl. Sundrv Diinaiji)n inLcNiIL rLxluiL'(I by Èl l)k. TIiL¥L' ty[￿.8 É)f'%lllLH)tl' donalinn4 JIL. dit11Lult tn prLxliit Iiiid ¥'iiry rnihef stbPlllt1iJntlv IriTrm yLiir tll I'libr. TlbL' fur ihL JrL' £16k- high¥r Ili.,1￿ in thi pticir VLar 'llicl ]% sub%lJnij¥lli' Ju¢ ill y di)uhliiigr lif IliL' umouni LiiiiiribulLxi li) lii'hifL-th4 Ilie prior yLar hdd iiiiniinal e04ti h)I' ddiiiiiiistrdiof ial.ryl. lkn'h¥Lh i4 dL'%LrihLlll miirL' tully iffi NrtL I S Illl PJbL 171. u%liiilll. tIILYL' L()ntlllULS IC) k. u ￿eL￿ ti)r L)t.Ihli%hiiig rL%JulJr %ixJfLI'% (It. inLTrillL. Ixith lil {)ftK* IIiL ri.%k-% Ihdt thL￿L l)IK'4)ft Iinpnii-iinLThI pl￿￿. IIILludin¥ thL L%lJbli%litnLI)t ot a %iiik-illL tund to UJVL'f iiiiTk% fLNuifL'd bK Luffillt and tulurL 4Ulll4uL*ni*l rL'I-iLI4'%. Principal fundtng sources Di)ndliiiN% IfL*Liularlv IlLLurring and onL'.ciffi'i tiiid relat￿ Giti Asd ilain)q Ll)mpri%L ii1NiUt fyII (It St MiLhJLl4 knndin¥. Hdll liiiiiigs nd ¢liL l¥lllll¥T (It. J ￿￿J1 hiiusi vwTiL￿ b%. IhL LhurLh (Th¥ C¥rJliQs Hi)u￿.1 niuk-¥ up un(Ith¢¥ )?b41 l)t' {?￿￿.rall tuiidiii" uptx)rtL￿ by i)thLf iliiLNIIL %iILli tundrJi*iiiiF lid l¢gJilL'4. Pa¥L I I'he Parochlfyl Church C ouneil o( the Ectlesiasiic41 Porish of St f41ithael HI Jh late ri of the Trnsret¥ r the V'cAr Ended.11 Dectmber 2022 FINi.4NCIAL RLI'ILII. pollci. objectives C4lili rl*.rVL￿ arL' hLld ciii dLIK)*il tst tIiL bJiik al J l¢k¢l dLIYIILxi Nuffiil¢Jlt t(Ir rLxFulur ¢y￿atIon_￿. Surplu.% LJ*h i* hLIJ iii li ChurLh ()f En¥lJnil dLTw%ir tund H'iih IhL ih4iriN' tuiid InAnagLY* CCLA. Alilii)u8h inrLYL%r r&iL% dfL' low. IhL PCC ii'iNh li) k'iLii liquid lid hild with miniTnum riik. w I￿. 11114. rLYurn is oLccprublL. Re5ervt$ poli L dil not hail. o fi)nnal pDIiLy. bui iiL di) hJK'¢ int¢>rnial yr.ILIILL thf kcL'piii,. thr¥r Th0nth￿, wiwrh 17* i)r￿ra11n￿1 Lxpcn5CS 11()11.1111111 in TL*m'¥. WL alsii aim ii) pul a%idL vach year J %i/LthhlL JiTh)uni tibr tiirvre major IVO￿ thai ii'ill iK' ￿NUIrL￿ Tii kLYp Si MILli%iLI'4 Lhurlh in Li gill￿ %liilL' (Trt. rLI)ilEI-. ThL' Iditer praLtILI' lx nLbU' a greatLY LL'ntrL" ()f tocus given IhL nL*II 10 Ll)n%iclil' liib*h lth¢l -%liinLl%'oFk tsn th¢ chyrnh r<￿t'l￿d NILLpli. FUTURE PLANS Thi PCC inicnd to Cl￿tIlluL dL*iTrity ni)r[￿￿1. wliil¢ *ettinb? d%idL' re%eprfts< tti huild up the retiJrt)i.shmttir fut)d t()r thi, ciuinquLnnial ¢w. STRUCTURLCOVERNANCE AND fvIANAGEMENT Gtsveriillg document A4 wan of the ChurLh i)fEngland the PCC has two Approved Guvemin8 tXK'uineni*'. I I I Ihe Parochial ChurLh Ci)uneils IPowL'r81 MeaqurL 1956 J¥ tsniLmdLxl'. and 141 the Church ReWtr%L*I￿tlL1ft Rule% ILxbntaineLi in S¥hwlule.I til Ilie Syn(Mlitdl &ii'erntn tliL PCC. PJbTL 4 The P#rocbi81 Churrh Council of the E¢cles1astic￿ Parish of St ￿lIChael HS h late Rt xjri of ihe Truslees for the I't¥r Ended.11 December 2022 STRUCTURE, C.OI'ERNANCE AND ￿l.4￿AGEMENT Organls4rlong1 struL'tur OYgAnl$atlon&l sirtsclure PCC li1viiih￿-. ￿'hi7 IiEII'i. cxcepl M'hcrL (IIIiLTII'I.4i %lcltd. 4LfI"L￿ from 1st Janu to thL d:ItL- ilt"thi.4 rLWrt. arL'. InLuink'ni -flii RL¥. OlakunlL' Aviid¥ji ChairrDJn ANsi%iani Clergy Th¥ R¥￿. Hom'ard Kilttiy ChuTLhwdrd¢YJ Mr Alcxander OIIiLY- ViLc-Chairman Mb PLITllLla Chcsire {uiitil 16.115.721 Ms. Hdn#an Man¥ah Itrom •6.05.22) ReprL¥ethtaiike% on Ihi Deanery Synod Mrs Ann¢ Casbon luniil ?6.05.22} Mr Andrew Clodi. IPCC.%¢cr¢taryl Mr Nichnlas SandLY&on Dr KdrL'n Senne Mrs juli4 Rigby EIL•LYLxi MembetN' Klr Jiihn Casbon Mr Simon Owcn Mr% M2ry Holthy MrN Vir¥inia WL%I Mr MiLhael P()i¥LJI M.% HaaiiJ£i k1Jr￿rah MT AIL.K&ndLY Ltllnidn Mri ML¥cin Clark. Mr MJlii)lrn MLGrL'griir Mr PLXLr Chct) (l'[L￿%urL'rl Itr()m 2(}.O5.?11 MT% S Taylor l unril ?fy.115 7*1 MJ. R Pt¢i17¥Y l uniil ?{1.115.2?) Mr% Liia Brddin¥ lunlil )().Ili.221 Lav Mini4lu*' RL'pIL￿Ll)l￿lI%'¢ Mr% PdtriLe WarL'.Whii CI)4)PlLxl MLynbL'r4 Mr MJTk Dailcy Mp* Liia Brading {triiD) ?0.05.221 Chiirl¢￿ JandrL-au ITrL-JsufLYI (until ?6.11.5 ??> Lilly)N￿l Lav Mini%tir MT NiLhiildK SJn(k'r%illl Mts P,'Itri¢L WarL-WIIiii JnduttloD a*d trAini￿8 of rttJTr trn$trts liv*tix￿ Jrl ¥TjI'LlI dll ()ral welLOiFIL and iniroduLtiL)n tr£)In thL' Vicar dnd SLxrL*41fY. Lo￿lylI1￿ Iru%lL*. duriLS. C1)Pl￿* crf Nli¥'ani Il'ider Detwork IL, PCC m:iinrJin% lirjks wilh ils Mi%Ni%)ii Panner%. Rtlated ￿rtI¢* Dr KdrL'lI SL'nnLYI i.%:l (TUNIE*' thf LiiTlItLÉI. ￿'1iLh th¥ PCC SUPPL?n%. Sh¥ di)4￿ rL'IHUllLntlLln tiir Iliii ri)le. The PArothial Church Council of the Ecrlesiastieal Pxrish ol St Nlich2el HI ih rate rl of the Tru for Ihe l'ear Ended.11 December 2022 RLFERENCE AND ADNIINISTRATII'E DETAILS Registered Ch¥ri¢i rnumber PrincipY41 Mddwess Siiuih Gmve I.ONDON Nh IIBJ Trustees A Ca%fon ITebiynLxl 21?.5.211 Mr M Dailey Mr M MLth¢¥or JH Roger4 Mr N Sttnd¢T.%on Mr% V Wtsi Mp* P Ware-white Mr I Cas%oll RLI. O Ayodeji MrSOwE Mri J Rigby Dr K Sennett Mr C )￿indr¢aU ITtsignLxi ?6.5.22) Mr% L Bradling M5 P Chesire Ir&j¥tlLd tifi.S.??I Mi. A Ollicr Mri S Tdylor IrLWl¥llLThd ?6.5.?? Mrs M Holiby MN H Marwah Mr M Puw¥ll Mi A Lehinan Mr A Clode Mr R PfLiftLT (rLsignLxt ?6.5 ?21 M Clark P c￿'n (appoinicd ?6.% 91 The PJrochi#l Chur¥h C(iunLil cit. Ili< ElLILsiusti￿l PJTi%h i)tr' Si MiLth4lLI HigligTali bixamc u CIIJTLty rn%i.%tirLxI ii-itli rhc Ch&rity C(Hninission 3rd AubVU%t ?011() witli inLlllix'r% of the PCC bL*M)Illlllb Trust￿￿ 1)fr ihL' ChaTity. Independent Examin¢r PLILr Upt(In FCA CTA PLILr bpion H(wsL 1 BTidbP¢ Av¢nu¢ MJidL'nhead B¥YkshitL SI_6 I RR The Church Si. M ichdel's Churili Is AltuJt¢d in Siitsih Gri)i¢. HiglibJi¥. L(MiJi)n NO ()BJ. It IN iii lh¢ Ediiiiwli￿7 ArL-a {It IhL DiiKI%L l)t' Londoii 'iiliin the ChurLth i>t Eii¥l4incl. 114 4idLlrL%% t£Trrix)rrL%w)n¢JiX)Li 1% Siiurh Gft)li. L£iiidcb11 N6 OBJ. Appri)%Lid by ordLf ilt'thL ixiJr(l iJt'iru%l¢*% i)11 ¢>4 MAY 20t3 Id.,,,,, RL'I. O Ayo PagTe 6 Inde )endeMI Eiamintr'5 Re rt to the Trustees of The Parochial Church Council of the Ec¢ltsI¥5tiral PJrish of Si fv1ichael Jrbdependenl eximlner's ttport to the trustsès of The Parothlal Chuttb Countll of the Etdeslastlc&l P*r15h of St ￿lIChael HI&FhuJ#¢e iLlidLI Highbilt¥ Irli¥ Tru%￿) for tli¥ yiai. 31 IkKLwibLr !11?? Responsibililies and basls of repori .4.% Illu Lhuritv Ini.%lLL* ilt Ili¥ Truv viiii EifL r￿.%￿nSibIL ti)r Ihl prLTrorariDn i)f thL 4lLIM)Ulll% in thLYTrrLi.Illli ¥i'iih thL ()t thL' ChuriiiL% ?111 I I'ihL' ALX'I. rLyiin in rL¥pL*i ¢)t' MIY Lxaminatithn cit. thL Trust'* aLLllUnt5 Larried out uiidir SLXlim 145 (It IhL' Ail an41 iii iJrryiiiu nur my iiiindiivn I huiL' tiilli)1￿¥ all appliLublL D¢r¢xiion.4 giwLli hy the Chaiity Coiniiii**iW un(k'r k'Lrion 1451Siibl ot th¥ ALI. Independent exwminer s statement SsiiLL your Lharitv'% in¢vtni L?50.nOO wTrur iYuiniDcr Tnu51 k. J niiinkT Ot a lilli￿ h(Idy. l Lcllltirni th&1 l ani yualitlLd lo und¢nJk¥ Ihl ¢¥aininaiion l am a InLYiikY cit th¢ Insiiiuieof CliJrt¢fL￿ ALLX)uiiialli4 in EJigTland Jiid W￿lL* whiL I have c(Hnpl¢i¢d 171y LxJminalion. l Lolltinll thut Inutiers have Li)tr* Iv my all￿t]un In Lminneciion wirh rh¢ ixaininJiii)n 8ll'tn¥ ii)e Lau%e IK'IILIL" Ihat in llny inaieriul TesTJeil'. untitl¥ [L%￿r{l& w¢r¢ nL)i kwt in T¢%P¢Ct ot thi TTUSI as T¢quir¢d by Slxiiiin 130 i)f thl Alf.. %lT tlie accoutiis J(1 not atycord with Ihi)%e r¢wrd%'. {)r the a¢eounT.% d() not t(>mply WiEh thL appli¢ahlL fLquiretnent% conterninLJ thL ttirm LlTrllteni of acthuni% our in Ihc Chatiti¢s IALYuunts a￿d R¢port%l R¢gulaiioiis ryIIIIy oth¢r Ihan any rwuii'lmeni thai rhe aiLI?unts ¥iv¢ J Iru4 Jiid tair ￿lLw which ib ni)l a Matt￿ considLTcd a% part ot an 1ndLpL￿dc￿I cxaTnination. I hdl'l Loncerns and have come 1)0 oiher maii¢Y* in Lonnttiion ￿1th rlie ¢xamitsarion li) %4'hiLh art¢ntion >hi)ulJ I￿. (Irdwll in thi% report in ordLY Ici L￿￿1b1( a propcr utbdLTStanding ot'ihL' aLcciunls lo bc TcachL'd. PL'ILY Upion FCA CTA P¥LxI by ihL B()ard i)t'TrusiCts and authi)risLxl tor i*su¢ ( IbTne4J 11% k.halt'by.' Mr A Ollier- Tru%lL'L ThL not￿ fL)rnl PJrt ot th(x finaniiJl 4raiLxiiLnts Poge 9 Th¢ Parochial Chur¢h Cthun¢il ot tht E¢cle¥iastical Parish of St h15ch&tl Notes lo the Findnclal Siatsmethts f•r the I'eir EndEd.11 Decembcr 2022 ACCOUNTING POLICIES Basls of preparing the finan¢l&l stgtements wirh tli¥ ch4ifiiiL4 SORP I FRS I11?),ALL￿u￿*1IlgF 4111cI Rip()rting ChiiritlLN.- StatLryXL'iII ilt RLLI)1nMLiTrdL￿ PrdLiiCL appIiLdbl tIK' hi%liiri¢ul LIK41 L*)nvLniiciii. i¥'iih rhi exLIyiii)ii cit Irti-L￿nLnL￿ I4-IIiLh Includi￿ at n)drk-L% ¥dluL. FiNan¢i*l rtportith¥ st3nd¥rd 102- rfdured disclosure exemptions The Lknriiv ha.* rokLn 11 Ji'ani4lrYL nt Ihc t•lli)wiiit. li*lÉ)4urL L.YCIIIPliiin* iii prLyirinL' IhL'%L' tinanLidl %idlLlliL'rtli. ￿n￿ltlExI by FRS 111) IThL' FinanLial RLyilrtiii¥ Smndard Jppli¥zhli iii th¥ UK uiid R¢public i)f IrLlan(I': thi rLy￿1r¢InL￿t￿ ot SLltiiin 7 St4tctncnt lit Co%h FIL)w.%. Income All incixm }% rnxi)gni%ed in Ilic Siaianeni of Fii)Jniial A¢til'illLX ITrllLi the charityLhTrrity L￿titIL￿nLltI 111 IliL. funds. li 1% probahli Ihthi Ihe inevmL ivill bL' r¢¥¥ivÈxl and Ih¢ amciiiot bc i1iwiurl￿ rEliobly. Incoinc tr(?￿7 gi)i'eminthi Iiihcr ￿attL¥. Th'hiihLY"Lapiidl" graiirN or"￿￿enue. grJnt%. 1% rLICIElll%Lid i4liL'll IhL Lhdriiy hd enli11v￿LI1I lil th¢ fvnd%. Jny pirt(Irmaiice ￿nditI1711￿ Jttached t(5 rhL b7raiii% have b¥cii IfLI. 11 li prohnblL rhJi ihl illcoin¢ M'ill be rrcL"ii'LTrd atKi lh¢ &ni(Truni ¢an b¢ Ineu4ured rLlidblv 4ind 1% noi (1LtLyfL￿. For IL¥dLIL%. ¥ntitl¥Ynini is ithk¥n ih¢ earlier ()t rlil Juli ￿ ivhiih LitliLr. Ihe charitv Ib awdrL thai pmhthiL bLrii grant¥￿. whln J cli%tribuliiin i* fL￿L'll￿Trd frr{)In thc utllli. Rix¥ipt i)f'a IL¥y¥v. iii ii'hi)li nr in ￿Irt. 1% Iiiilv Ll)n¥iilirixl priihJhl¥ wh¢n th niibuiii ian ￿. iiiu%url￿ riliabl! thnd rh¢ chariiy lias bLLli n1)tifiL￿ (It. Il)¥ L.¥ecuiorf% IIIIL'niii)11 Ii) InJkL J di%ll'ibui¢oii. Wh¢r le8UilL% h*lii nÉ>iitlLxI Iii ihL Lhdrily. i)r IhL' Lhdrity Is tiwafL Clt. the granting Llt. iTriMih:IlL. aiid 11lL LtirLYiJ for inLoniL' ￿X￿￿nIt¢I)I7 hillL' rtoi tITrL*. th¥n rh¢ IL%aLy 1% lrni)l¥xl ii)nrin¥iinr &nd di￿11)￿L*l il.inurlyi￿]. Expendlture LidhilitlL%:IN' Tixo¥ni%Ld li% i¥￿￿di1Urc ag s(x)i) rlierc 14 J ILgiil ()r Li)n%ttuctiVL ()blibFilt¥iiii L()nimittit)gk Il)L ihdriry i(1 ih4lt oxpLndiwrL'. it 1% pri>bahlL' Ihili d Iransf¢rvt eLiinciiiii¥ IK'n¢fitN w'ill k. NNvir¢d in ￿%¢1¥￿￿￿[.1￿d rh¥ Jmiiunt iit'th¥ c)bli¥Jtiii Lan ￿- IllL-J4ufL'd rL'liJbly. Ex[￿17d11Ure 1% ULlI)UtIIL￿ tri)r i)11 J¥Lru jil5 and hJ.4 ¥la￿)Ill¢ll uii%l¥r IiLadings- iliJt ggrn%piilL thll LX>.%i fLlaiLxI thi LdtLgory. WhilL iClil% Lannot bi dirLLily ottributL*d til P:lrtiLular hLadrii,. IhLy havL bLLn allcKaiLxl li) aLli%'iiie% on d ba%1% Liin%i¥twt wirh th¥ Y￿¢ C)f'rL%)uTL￿. iiftLThxl subJ"LKt i(1 i()iicItTIOni which hdiL' niit tit tlil yL-df Lnd date drL ncitLxI a LQll)niilmLllt but nDt expLiidItu￿". T*nLpible fiked Assets Depr¥Li'iijibn ix pr(ii-i(kd thL t4i11owing annual rJiL'% in or(k,r 10 ￿'rilL. C)tt LX)ch dS*et 4)IL'r il% L*iimatLxl UK'tul litL. IMprin'LlllL￿￿' lii pro[￿rty OtfiL'¥ ¥NuipinLybr Frlthiild I￿n￿ lind huildiiibl% JIL. Jn exLePlj(111 ti) thL ¥LYIL'rJl puliiy Jnd Ihi% pw¢rty is 4iiiiiuiii￿l fi￿ llt IINJX ili%urJn¢¢ valui. Ith tliL ￿￿￿lU.4 k'ing t&ilLII Ii) thL' rtr*Y%i'. IniL'%liMLYll* in li*t¢d %hJr¥* 41fL Nti11ed ai markL% IJIUL. Tx.*aiion Thl LhEirilv i% Lxirrbpt friii)i tra j lin ils chaTitablL ailll ItiLS_ Fund ae¢ounilng unrnNtri¥ll￿ lund4 IK. Ii%Ld in ￿cOrdarfft ￿'Ith IhL' LliariiablL iibjLxIIlL￿ al th<. di%LfL'ti{Iii (It'ihe t11jNtLK￿. RL*trILtL￿ iinlv k. U￿￿XI tLIT partiLul4ir ri.%lriitLYJ 14'iihin rhe i)bjL*fs lif thL' Lharsry. RL%ifiLIiiw.4 11,hLn ￿p￿illEd bi rliL doni)ror i}hL￿ tund4 ÈrL' tiir pllrtlLulllT liurp(K%¥￿. FurtliLfL.YplJii41ii)n i)f ¢liL IliiiufL And purposL i)t idLh tund 1.% iniluclLLI in thL' notL% 10 IhL tlÈlillliidl %tralLfjhillt%. PogL 11 Lxiniinued... The Parocljial Clitsr¢th Countil of ihe Eeelesl#%ticJl Pori%h olsi Iwllehael Note5 to the TriThtskn¢l*l Statemeni%- ton*irbued fvr the l ear Ended.11 Ikcember 2022 ACC'OLINTING POLICILS- continued Financial instruments DONATIONS AND LEGACIES 916.-$5l) 43.()64 11)X.IHS Gift iiid iJ¥ r¥Kx)vcrLxl LLgJLIth ?73.5.B5 )46.1)g7 Donuii*)ii% rL*eiird. inLludLxI in thL' abth&L', JrL" tnlli)w$-. 31.1?*! DI￿arlI)I)s hy &Y5 LI)In￿1￿L thi LiirJlLJi h4>usi ai 17 Biilidiii GardLlls. 11'1)ILh S% I l}l)% iii.%urLxl %'Jlui. Thi.- ,7 1% fL¥kj%lLTL'LI uiidLI- rliL' L(sndvn Diil¥¥*L' tiir ikn. (It-IhL' Pmhiul Chur¥li Ciiuniil iit'si hliLI?JLI Hi¥h¥£rt¢. Pag¢ 14 LxintinuLMI... The Parochial Church Couiicll of ihe E￿Ie51￿$t5¢￿1 Parish of St ￿lIc￿le1 ate Notes to the Finarttial St*iemÈthts- roThtlnu¢d for the I'tar Ended.11 D￿t￿ts¢r 2022 12. T.4NGIBLE FIXED ASSF.TS- c(mtinu¢d PTJ¥IILdl 13. DEBTORS: AMOUNTS FAI.LING DUE II'ITHIN ONE I'E.4R OthLr Lk*iur% Gitl Aid 4? 1)l? 61.¥ih )l.y74 14. CREDITORS; AMOUNTS FALLIYC DUE WITHIN ONF YEAR Oth¢r CT¢diliir% Aecruth Lxp¢ns 6.¥1)4 1 S.7h8 15. MOI'EhlENT IN FUNDS Nit Unre$tric¢ed fuods G￿￿L'r￿1 fund 376..34? -1()().74C) Restriritd funds Einbft)IdLYi' IL'ga¢y CIIiLk- IL'VIY Mtyiiill'jil i?aTdLx) tund HopL' ii'in411)M. furtd 1 ?.4)7l) (14 -37.6x5 35.171 TOT.4L FUNDS 541.-i77 67.X41 05&).4?(? NLY miii.Lni¥￿T in tuiids. il14lud¥￿ in Ihi afl. li1lli)w4.' RL*i)urLL I.1pLiI￿xI rknyciuril in tund Unre%tri¢ted fu•d$ G￿11￿￿.11 tund Fixlxl 3?¥.(?j4 I?￿?..1,¥1> IY.iVII Re51ricted fund¥ TOT.4L ￿UNDs 67.X4l) Pabye 15 iiniinuld... rorhi#l C'huich Counril of the 1115 i¢hael Eecle Notes its th¢ Finonrial Stalement5- continued for iht ) ear Ended 31 De¢eniber 2022 Is. 101,£￿IENT IN FIINDS- tonilnued (￿mpIrati1.￿ for moi"tnient in fund$ Irt{)ILlllK'ni iTh lund Ar Unrestri¢¢td fund5 GcnLf%il tun 4fy.7X.I (1? 4XYi 376.-141 54? U.37 34. ICJ4 57fy.?.71 Re51rl¢ted futhds Einbn)jcliryy legtKy Cl()Lk IL?￿aLY M¥niiri411 ¥JrdLn tund ColLridgL' tund Hth￿ windi?w fund 18.31x1 {?.954} 1.5.346 TOTAI. FUNDS -$01Tr.-1.17 5gl.577 Comparaiii'e nLrt mcii-¥Tll¥llit in fiJnd¥. inLludi(l in thL ybL)vL IL% f(Trllows'. Re.%4wfLL xwdLLI Mo¥LYlILlIt in full￿ Unre51ricted futhd5 GLxi¥RII tunJ 31?.4N4 46.7x1 31 ?.484 Restrided fuTrd$ Cl(Kk- IL*b'liv Colerid(TrL fund {:.i.Ihl TOTAL FUNDS ?¥17441 Flxed .45sei Rtsen"t Thi￿ fLpfL4Llll4 Ih<* tii'i value ot. tl.¥L*d held bv Illl ihurlh. A trthn%liY ITC)111 Ih<' bYL4IL'rthl tUliLI m￿( li) Illi risLY%L durin¥ thL Vidr. Embrolderl l*gati 'Ihi% l* th fL¥lriLILd fL*Ll￿rd l<¥4liV ￿￿kIllE￿I]Y for Illl upkLYP uiid itldllllLii4inLL iit'il)L Lhurili Liiibn)idcry. Clork Legaci Tlii% Ix il fi%1T1kt￿ rLSin-i fiLLi1￿￿1 %iilLly tiir tuliji-i UPLldting and ￿'turbI*ll]ng ilt rhL LIiiiTLh LlIKk in ihi LIJuTLh tIlULr. lemorial Gllrden Fund Th1* 1% kl fi%IriLfL￿ rLsL'fi'L hir dcbnJtion% r￿￿.11￿￿ %VLxiftcdlli ti?r rhL upkLep Jiid mJiiitinoftLL C>t thL' IIILYll&briiil BAr(k'ii in IhL' Pag¢ 16 coniinuLXI... The Parothlxl Churth Countil oi ihe E¢elesiasti¢81 Pirlsh of Si.Mlchlltl HI h ate Nott8 to fhe Flnlnoial Siatrmttht$- tontithutd lor the l ear EDded 31 Detember 2022 15. %IOI'EMLNT IN FUNDS- continued Hope Fund Th1% 1% J fL4triLied tund tiir d£)nalicin.% TLLLIl-l￿ 4peLItiLally tilt LiiniHbulii?n¥ l(I tIiL 11)Lmc)Hal 4lJinLd-,.l&lN% i¥'illdiiii' th4ir v'ill dLxiirdlLMi with stainLxl-¥lai%. ThL' dL%j(Tll ihi ￿'1ndOW lith% diid appriii'LYI. and thi LfLLiiiÉin aii¢J i11s14illdll£lll Jo. RF.L.4TED PARTh. DISCLOSURES Nil Iru4t<*% ￿￿1v¢d un>. ￿lMun¢T￿li()Tr duTlll¥T the y