REGISTERED CtIARITY NUMBER: 1130913 Uttudlttd StitmtDts for ibe YtAr End l Defe 202 Cou Peter Upt( Brid8e House 2 Brwjge Aytnue 12idetth Berkshi SL6 IRR
Tht Pro¢hll Cbur¢h CouD¢il ol EttI1to¢t P1$ of St Mich•eJ HI h att of the FIDaA¢ts) stattwl> f r the Ytlr EDdtd 31 Dttember 2023 Py Report of ¢b¢Try¥t¢ Indepffidtht ExMl•tr'A Reprt Ststtmeht of Flnu¢tsl Actlvld BAlte Shert NoteJ to Iht StAt¢mtnts
Tht Pirochial Churth Cotslltil of the Ec¢le5iastical P#rixb of St Mh#cl ri of ibe Tnmfe forihe Yeiy Ended 31 Derember 202J The tMses prestm IbeiT repm with the $in of the ¢h•rity for & yw entsd 31 Ik¢¢rnb¢r 2022. The In¢£ have adopted th¢ rdovisions of the Stat¢tn¢ni of Recommended Pt3clKe ISORPI 'A¢¢ouniiDg and Re[mS by ChaTities.' Siatemenl of R¢comDJ¢thd Practice appjicablc lo rtsantie5 prepari tlit iD accthdawt th the Fi]wKial St3]JdaTds applicable in the UK atyj Republic of Irelthj IFRS 1021 Effettivt l janu 20191. OWEcfIvES A14D AcrJvrriES Objertlves •nd lt The Duin clJBritsble of the Ftc is theadvCen of trli8 s1t0lfint •tdvltlt¥ Si Miehael'$ offers & T8n8¢ of s¢rvices frLThthc fonn•l tyrtho.onal tolw forn COnmiP>Tary fomjs ofwoTrhip. W¢ provid¢ Cfvistiryn leachins for 1 ages with sIY +5$](M for thildTh the 2 Sunday setNes. We have Messy Church. aimed ai families. wlar tNeiin85 wr youth GrnnimAklD8 The ]fC supwrt$ a nwnb¢r of otlKT chwiii¢5 by •lkK•lJn8 J of tht Chutth'i int<Mne tht tthl¢ of th¢ arristm. Ea¥trr and othcr4)t¢ified offcrin85. Vohlhttt Si Micha¢l's 1)¢$ on th¢ 8¢n¢T]5 5upwI of Tnany Volu¢¢1¥ JDany ofwknrn atr 1cd in tbis re[. Apan frotn lh¢ Siipendi•ry CleTBy, who aTe pknj by the DieSt, chffistets. musicia. t pansh 8dministrtor and youth worku are paid (or ththr 8tsvic¢s by Si Michel's dirttily. In 8ddi11. ont Frt time Cler8y i$self-$UFWrtin8. Publlt BtThefil In addilion lo the provisith o( rtli8i<ML% servts )d p01¥] wr)N tF ¢knh OFen for hoAS aciiviiies fly lh¢ wider ¢om[llY.The PCC believe ihi turrtni actilities liK Ihe Chariiy Commission ¥uideline P•g¢ I
Cbuw¢h Countll •f tht hael rt ofthe TTUSteeJ forthe Yettr Ettdtd 31 Dete ACHIEmEliT PERFOKMANCE ChaFllblt 1VItI wtb tteBdDet Il was r¢pfftd io the APCN in M•y th•1 this y¢•T th¢ re11 of th¢ Chwch Ek%tl Roll t(K)k place b¢tw April aNJ May atyd resul¢td in tht following r Tht ntsmberottroll ]r iothe rni$Km.' 241 The numbtro&J¢d on completi &8 11 10 Mty21Tr23..15 Th¢numb¢r r¢rnov¢d from th¢ Toll (d¢¢e•s w Trkived8y)". 7 Thr final number on the 2023 roll.. 249 One of the Ihemes &JmiMtJrtB of the 2023r24 year w#$ tht netd 10 18in rnisin8 fiu>ds for T¢pairs 10 the chwcb iowtx md spir¢ - •n ¢shmai¢d wsi which h•d risen 10 Some £1.5 milliorj by innin8 of 2024 wh>rh wa5 ad(kn5¢4 r¢gularty by the PCC ind StsnditLg ¢imJmittte. Vili0 roytrs W¢T¢ ¢xphY IlUd8 • 9)ft' tht Bistrthm Gth proprrty, r¢du¢in8 St Michttl's ¢onthbuiion ¢0 the Fw¥J- without its the nre41 rruuiE • cur•t4la5Jiswtt ¢r. atrj appoiniin8 1 fimthw wtb in of work. A SInl ScOrn 15 thje th be 10 VIS¢ th¢ ic•r these and other fiJn&raisitt8 POSSLbiliiies. (thmvi¥r. ll of pi¢¢u of . some wg¢m . comm1u11 le11 ouL pIrtsa1Y one of the ¢hurh bwtr¢sse& TbJ5 ycarfj (hwl¢r R¢F<rt Wed•ThJ pubkn"S1 W¢ th¢ finalty inthlkd Ind NallnI vthile * t(4ntt]v¢ plpque witsble verje fmm the bible li ill wilin¥ COTnMIIOn7ll8. Th¢ looks b¢•uts"fidly inkn the nave tht rbJth w•ll hw won Green issue8 Wtre ho vrithin tl ehwch and rybD8rC8¥ti •nd St M¢1.$ cm7xit 10 the (Ireen Cffiuh IniTtiVe knowl¢d8ed. -s8vIng beh%iouts wert recom aTrJ irykmaJte4L liv¢ty dixuuiclhs wue held through1 tht year. Prowcy with the Mission A¢iscffj Pl w•J kw rtvi¢w throu8hxi 2023. ITh S¢pi¢mb¢r of thai year the church slid its Md 8(ANJbye to AJthd8e wkn hd WOTk¢d with u5 for over a ye4r and had i%iderwbly inswred chiithn of] #gu in their 8fOWin8 lilih in. utsjtrn.fi ofchrisliinity. ArAy r¢Nm¢d his home country New 7Aland afttr i reU[lIng aNI Ivnf¢h ¥¢n&off. •1 hi$ plK¢ taken by dIllOn41 hard-w% volunl¢m from Si Michae15 4$ well eI.]dren 4trJ yeuth worktts frottL Red 111. an 4Kency5Ptclalis in sY S¢htr)1 tr4chetS. Ai ltyne the PCC ¢0 the cmlxml. lo the ¢hw¢h by Alm and Gitmy Wtst plan5 to nY)v¢ w • ¢hur¢h nearer their new home th E45t IAth. Sknier mid¢ mor¢ than wtl¢om¢ # our Mv assist1 A5 th¢ new Haringty SY1 t¢8an 8eNk St Mithxef$ PCC wtstivts rtLqintaÉned • s•dy ¢onla¢i And wert able to 8ttend tWD irnpDrtanl aNi inr¢stiD8 s¢uions l(xJkll¥ 41 th¢ y5 wt, chwcheg tkomE aNi for thsabl¢d pcoplt 81 Atth therne thai d1111it . filY SUFWrt¢d by QUT siie m¥n•8er Dominic Gray. 8rew frorn str¥th to Str8th pD)TridiDg Thl$bI% luncb¢s * vuy rtasollable wicts to re5i&nts iwic¢ a w¢ek on Tu¢sda)E Ind Wethxsdy& On those same days the lUht[nr Tttithls alw lyn w inuea8e the sitt of Ibeir u(lifflJce5. Abty T[Traged by thw¢h Jess S]•rM IW offer t))Usl of the vay hi8lK ¢aliiK¢ w kt•l residents *ThJ a wtderpJbli¢.
The Pgrotbial Chmrch CoDDciI of tht Eeelesia5titAI Pari5k of St Mickxtl ort of the Tntste<s ror tht Yer Fded 31 Dettmber 2023 M¢&nwhile seasongl events including the haTve# te4 Chists)S ¢olle¢tion disrribution ¢knriti¢s' th¢ Styawt ica. WednEsday atd Eas and SuMr a]1 tty)k plxe •s pJ•nncd and in exc¢llent or(kr. The forecourt ColvAry, along th th¢ low wall and shon pill5 ai th¢ froni of th¢ chwrh wae cleanul a[ wlre rtttessary rtPiTed. The Ojnher embellishment of Ovetsll Si Michael's Hi8h8•tr btgan fit)•l]y w (¥nerg¢ from th¢ ri8ows •Dd dL%Ciptu of cOd the Infl)nary pre5sure5 thai have &ff¢ct¢d its b4Ml8¢t. The eleaor3J roll wa% up for the third yeaT nmith8 ai lea6L 9j re¢eipts from our ¢ollttiions given senerously al servi¢u . ill¢rtOSllLgly via tttvAy.llutslkd t]ettrWiC P•ymX4rt m¢tkJ8 . W¢Te T¢wVer1 202412025 app¢ws lo show no ki up in the pxe aDd quality of ¢b•ng¢. FuMdr•lJlni A¢tlv The main funthBising xtivitits in the ar intlth pani¢ytic in tht y¢aTty High8•ic 'F•Jr in thc Sw, . As m¢niion¢d in Ihe of Iht Ttusiees. ther¢ were also orwn8 dis¢u1 the of st¢W41&th wvities thai had been pw on hold du¢ 10 the earlier I(¢kn? rwtryli¢)ns. FJ14ANCtAL REVIEW Flnnc141 rtvSti¥ The income of£205k for tht ye4r ai8nifK•N]y th•t of the prr yw with • 25% Ihop. wws dw lo • few factOTJ, the Mai ott being the wor y¢ar duc th¢ of doThMs a lar8¢ ¥um of £36k was th)na for the Hopr Window fvnd along with Lwci¢s •mounuD8 lo £13k Jxll bEcll Ttpli¢4d. S¢ttdin8 th wett again lime by £12K bui the drop w4s iJnelioTaled by n iNre48e of £20k in Sjry thn•iions •nd £6k in (¢n p¢ ¢o11¢Wi$. Another f&ctor in th¢ low¢r incom¢ wis due w Gift lid b¢¢n To¢d y¢t ysually amounwl to £40k on avtrn8t in tht wior ftvoyeais. Totsl expenJc3 for the ye4r aTe £33k higher than pmr this was irb p•rt du¢ io thc ¢xwJdrtUT¢ OD hou5¢ in 8¢ttin8 th¢ Bitham G•Tdtn propery prcp•Tcd for • rKw t¢naDI. Uuliti¢s DdiTt iDerekstil by £IL Ind Stsff tosi$ iticreased with a Youth wthuAnd • thUh AdrninwntorhiT¢41 With ihe reduced ittcome 8tsJ irut88ed eX1j[¢ li h•5 m¢•ni li h•• rn¢1 • M8nifK•nt oullknv • lo thE mthi surplus the prior year. Prlndpml fuNdlllRzourtts Donaiion% IreBulariy (cirrin8 one-offsl LI1¢d Gift Aid wse •boul of & Michatls fiffjdll. Hall lfjti ond the l¢nLn8 of i local oRTr¢d by th¢ chwrh Hau¥'l rmkt up llnother 23% of o¥ttl fundth8. This 1$ suppmed by oth¢r income such fundrBism8 Ind lewits. lttvethTht poury •nd •bJe¢tlv Cash Teservts are held on &p05ii ai th¢ t•D& kv¢l $utrKienl (or regular tyeAtiLWts. Surplu$ th is held in a Chur¢h o( Enand dy5ii fund with th¢ ¢h•rity fvnd CCIA. A]IlMwKh thk¥r4t ra ue low. tht PCC wish 10 k¢ep reletves liquid I held mitiimum rigk w the low reNrn isx¢ew•ble. Rtr¥e polky Wc do w hav¢ i forn p)licy. wt do have An irtfrrnl p¢¢ of ketpm8 three monthl wonh of regular operaiifv8 ex5xnse8 1£fA).0)I in trycrve. We ilso sim to pui aside e4¢h ye4r • $ixeble aTMUThi for fiJe MANY woyk will rquired 10 kt¢p Si Micha¢l's chuT¢h in a goc4J of ryir. Tr Lgrt¢r i¥ now • ccDtre orrul 8ivcn Ilke lo high lewcl $ion¢wth on th¢ Chh Toof ¢¢pk FUTURE PL4YS The PCC ititettd fv toll¢ID •ctivty as nornul. wthik xiimg YU¢rS to build th¢ hb&Sh[ fiknd for th¢ qYiDqu¢tll review. STRL'cfuRQ GOVERNANCE MAP4AGEMENT Governing dornment As prt of the C1(b of Emglandthe PCC Ar•roved LXwncnt$.' 111 th¢ Pah18] Chwrh counci (Powa5} Measure 1956&s and 121 the ajurch ReprE5entstiDll Rukslcolllaiued in S¢htrtsk 3 to the synodi¢ Govern1 Me•sur¢ 1969 45 •m¢nd¢dl. Try¢ •r¢ both Church of En8land Me4surcs. R£rrultintDt and ppoilll]nttti of mew trMs* The Ttjdhd of awintmenl o( PCC members is stt in th¢ {w¢h R¢Pr¢sl Ruks. All Thxmb¢rs of th¢ eon8r¢gation 8r¢ eJKouwd 10 regJ#tt on th¢El¢¢loraJ Roll ondto forekction io the PCC. Page 3
Tht Parochl41 Chur¢b Coutt¢ll of ikt Si Mkhxel rt of theTru¥tte 2023 STRUCTURL GOVERNANCE AND MANAGEMENT 0ryDts•tlOD ¥tru¢tDre PCC m¢mb¢r4 wlxihav¢. ¢x¢qt whut Other atr4 xwved fwm I Jalluary 2022 tothe de of this aT¢.' Tr R¢v. ol4kk Ak)i.ChaMn AssiaM Cltryy Churchwyrdens Mr AkyADderOlJitT. Virt£h•i Mrsimoll (Xven Ms. Hanlan Mwwah Reprtkntslives on Ihe Synod MT Andrew ClcJe IPCC sttretsryl Mr lii¢hobs S•thr8on Dr Karen Sennett MTS Julia Rigby Elecied Member8 Mr Simon Ow¢ Mr Michllel P(Mell Ms Mrw4b MT MJk¢lm M¢Grt8 C<wpt¢d M¢mb¢r¥ Mrmatk Dailey Mn LM Brathns IDdMcdon and ¢r•lDlry of New trJstrtS IIVCD oral W¢kOn fmm th¢ Viw Se¢rethry. covttini trth8tet thti¢s. C1¢5 of Teievanl docuynenlaiion gre •iso kYovid Rtlled tr1k1 Dr Kar¢n S¢nnm i¥ * trwr¢¢ of Kirima Limiie4 • ¢hrrity wit¢h tht PCC ShEdo¢¥ wt T¢ttiVf ItlI0n Ibii rolt. REFERENCE LP4D ADMINISTRATIVE DETAILS Reglsttred Ch*trlty 1130913 PAhdpl Addr South Gtwe Hi8h¥a iDNDON N6 6BJ
The Parncbial Ch•r¢h Coun¢ll oftht leiiasticxl P IL olst hlichatl rt of the Truiiees for the Ytr Ettdtd JI Dtttmber 2023 Trijstees Mr M D¥i]¢y Mrm McGresL Rev JH Rogtrs Mr N Sanderson Mrs V Wesl (resied 30.6.241 Mrs P Wte-Wbi Rev O Ayod¢J"i MT S Owen MT5 J Rigby Mrs L Brading MT A Ollier M$ H Mah Mr M Powcu MT A Lehmtn Irtsi8rtd 30.6.241 Mr A c.lode Mr$ M Clark {T¢8iyKd 30.6.241 P Chrn The PAT14) Chur¢h Council of ihe Eccksi15tiral Pish of Si Mhael Hi8hyie bttame * Chrity R8istrr¢d the Charity CortUThi5sion on 3rd Augu 2(th membergof the Ffc becomin8 Tnjstru of tht Cl1]. IndepeDdeDt MNer Natasha Cwidy Petrr Uplon Bridge House 2 Bridge Avenue M4id¢nhc Berk5hirr SL6 IRR Tht CILur¢h Si. Michael'5 Church 15 SiN•ied in Sou¢h Grow¢. Hi8h8e, Lonthin N6 6BJ. li is ITh th¢ Eibnonwn Ar¢• of the DI¢ of ld0 within Ihe Chwch ofEn814NI. IIJ •ddT¢55 forwrresp)rKknce is S(yuth Grov< iAXhdots N6 6BJ. ag. £. irts Approvedby trderofthe of Inmieu on................................... . .. •TrJ siyKd its b¢hlf by: R¢v O Ayodeji- rustee P•ge 5
Inde
emdent Ex•rAID
The P8ro¢hlil Church Co
Ecel 1¥5
St
oftht
llldependeDt uamlner's rtywt 10 tht trustrtt Of ll Throrki Chryrch Counal of the Pirlsh of St Mlcbx
HighiAte
J report w th¢ charity tryCeS rny exarninati¢m of the aCclnts of The Parachial Clw¢h CowKil of th¢ trksi45tica] P•ri5h of Si
Michael Hi8h8ate (the T1) for theyeaTcth 31 Dtrember2023.
Rewllilbllltltt Dd bth •f rqwrt
As the ¢harity tntt$ ofth¢ Twus¢ you •Tt rrsprrfwbl¢ th¢ of the rc(qmts in •COJrd with the TequiTem¢nts of th¢
ch8riii¢s A¢t2011 Ilh¢Adl.
I report in T¢5ct of rny exarninatM)Th of the TTusfs XC4M]rts Cried ]dcr StttiDTh 145 of the Act and irl cryryng my
¢xwmination I have followed arolic4bie DiTethi veTh by the CIMr1tyCorrTh 14515Xbl of the Acl.
lTrdepeMdent ex•mlMT'S
SirKc your ¢hmY$ grw I{¥r¢ ¢x¢¢¢ded £250.(rfK) your ¢Jaminu mwi b¢ of ¥ li¢d trfKly. J ¢an ¢orLf)nn J am
qvalthed kn undcrtskc the CxaTDi[lio trmuse I am a meJthT of the A110 of C1wtU Certified Ac£ouDlaThts, whirh 15 on¢ of
the liGtedboth¢s.
I hNv¢ ¢ompl¢t¢d my wuMnation. I collfirni that mattus hllve to Thy in with th¢ wminlltion
vinx me cau to believe thai any m8trria] [ry.
•¢¢ountingTecorth were nke0 in TCW of thtTnut rcyued by 130of the Aet..
the tttcowits do Mi x¢¢xd with kn rec¢rfth." ty
tht w¢owits do M wryly with th¢ arff>lir¥bk r¢qU¢¥tN th¢ fonn aDd cl¢t of a¢¢ounts xt out in the
Choriiits IA¢etythts RepLEts} ReBUltr 2$ other thy rt4UÈTemtht the atC
The Plrochial Chur¢h Coun¢ll of Iht Etcl¢sl$d¢al Partsh of Si Ikle1 HA h Ale for the Year Ended Jl Detemkner 2•23 31.12.23 Twl 31.12.22 INCOME AND ENDOllTrfEKfs FROM Dona¢ionsat leBacie$ 205.813 205.813 273,535 OtheTtrdinB Xtivitiei Inve8th1eni Income 39.450 39.450 40,658 50,861 Tol 291.927 291.927 365.054 EXPENDITURE ON ChArftAbk dy1¢ Church w 330.777 340.643 297.205 NET INCOMFJ(EXPENDITUREI 138.850) 148,7161 67,849 REcof4CILIATION OF Vuh Totsl funds broughi fonY*rd 608.9 50J17 659.426 59l,$77 TOTAL FUNDS CARRIED FORWARD 570.059 40h51 010.710 659.426 COYTINUING OPERATIONS All incom¢ aTrJ ¢xpendiwr¢ h•s •rin from ¢ominubn8xIil The ]Mrtes form ofthcse fllwKial ststeJ]Knl$ Pxge 7
The PsrKbial Church C•unLIl of Eetltt1#8ti¢1 P1ri5b rfst Micbael De¢¢mlxr 2023 31.12.23 Totsl 31.12.22 Tothl FIXED ASSETS T•n¥Jble assets J2 381 J75 381.575 367.537 CURR A&8ETS 13 67.026 l(K).124 67.026 240,774 61.856 240.959 Csh ai bank in h*Mi 267.150 40,650 307,8(M) 3W2.815 CREDITORS AmIX1 fallin¥thK wthin on¢ yr 14 178.0661 178.6651 110.926) NETcuRR ASSETS 18&484 40.651 229,13S 291,889 TOTAL ASSETS LL8S CURRENT LIABILITI 5x1.059 40.651 610.710 659,426 NET 570.059 40.651 610.710 659,426 FUNDS un$¢¢<0 fw R¢strict¢d fun Is 570.059 40.651 50.517 TOTAL FUNDS 610.710 659,426 ZOLs- &Dd wert on its beh•lf by.. M$ H M4rwah. TDMtee
The ParorhlAI Church CouJ¢il of tbt EcckJistit#l PArlsh of Si lICh¥¢I Yotes to the Flnnd41 St• for iht Year Ended 31 De¢emb¢T 20ZJ ACCOUNllNG POUCIL8 Bsffis of preparln8 tht fiD•n¢W ststeinoDts The fin8] statrm¢nts of tk chariry. which 15 a bI)r bcJKfn entity wwJt¥ FRS 102. h•ve prepwed in a¢wrdan¢¢ wilh the Chantics SORP IFRS 1021'AccountiJJ8 Repthlitig by CThatiiie5.' StenTrI of Rc¢0mmucd Pracii¢¢ applirAbl¢ to ctwities wcpariD8 their icewnts in ac¢LYdaM¢ Mith the Ful4] Re["n% Stsndatd Bpplicable in the UK and Kepublic of Ire5a (FRS 102) l¢ff¢ctive l 20191.. Financial RewrttDg StaTrJaYd 102 Th¢ Financial R¢wNJng Standard •pplJcabl¢ u) th¢ ifK and Republic of hrknd. and the (kntits Ad 201 l. The finaNial serne knv¢ Iwi prepaT¢d wth the hi51orical Cost cottvtrttioo theexeryts)n of inv¢smKnts which ay¢ Ilu(d * ttwkel valuc. repDrtINi 102. redv¢d 111 txt The ¢hAnty b&5 raktn advanlagt of the followillÈ dtscloswe exempti1 in pttporuw th¢5¢ fin•llci•l satrm¢nts. 15 pmitt¢d b> FRS 102 The Finarfia] Rep)rtlll8 Stsrthrd applicbl¢ in th¢ UK Rcpubli¢ of Irelantt.. the requirun of Scdion 7 S¢at¢nxrf of C•h Flm. IHrorn¢ All in¢ome is in the Sthtsmcm of Fir1•1 kniviiiu dlty¢Fty ha8 etttiiienxni to the fw)ds, it li probable that trrt iome th¢ arno eltt b¢ ttlthbiy. orThr froTn wvenbneni aj her gran wh¢thcr "C•pl1. 8r•nts ry-Trvcnue' 8rihLK 18 rttognistd th th¢ charity I8 ¢niiilw)xni th¢ fvnd& any pufoThn¢¢ ¢oNlitKms atyhed ts) the have been mei. it probable that the in¢om¢ will b¢ re¢¢ived And th¢ arnoutti bt ttli•bly and is llol ¢kferYt41 For leg8¢ie& entiiknxrt is thkcn ag th¢ t•rJi¢T of the d oh whh either. the 1$ •wu¢ probol¢ ha5 b¢¢n granted, the ¢stsl¢ hp5 r)nlled awj I¢1[1¢¥110 beth math by the ex#uKrfsl th¢ TnJ$l th41 a distribuiion will b¢ mpdr, or wh¢n A dutrj1i1on is rereived frnm the esthit. Rece)1 of a le8xy. in whole or ID PAr( 15 wly conSided prthbk when th¢ amowii ¢an meuurtd libty ¥md the chan.ty b¢eTr wifi¢d of tht exe¢0¢$ intention to make • disrribution. le8Jci¢$ hav¢ b¢¢D notifia to the chlln'ty. or the ¢hn'ty is awwt of the 8Miin8 of probat¢. th¢ ¢nl¢ri4 for income TWO111 no¢ been twt. then the le8Xy il truted # • ¢lArtin8MI •md dixloKd if M¢1]11. ExpeThdltuYt Liabiliiies T¢¢0)d ¥ expth is as is i legal N constr¥¢ oblig4tion wmmitting Ihv ¢hariry lo thai exp¢Dditur¢, il 1$ FKobabie thal a trafer ofetonomit t¢n¢fits will be Ttqujrtd m xlll¢m¢nr and th¢ arnount o(thc obliuaiion con bt meaawed reli•bly. Exp¢Thfj1n is ¥niC0 for rn In x¢TLS buis atsj beth ¢lusified under beadings I¢ 188Te8•ie all cost relotrl lo th¢ czle80ry. Illrt ¢anthx be dife¢ily attribu1 10 p3rti¢uLw h¢wJin8s th¢y h•v¢ been •llout¢dtO Wivilid Iwh a ¢thulent with the of T¢Ku¢es. (hnt8 offertd Sub h•ve wt beth met It the ytAT ¢ftd as a ¢ommi¢m¢ni bui rx accrued expuwJ)¢w¢. TnOblt Ilxtd Depreciation is prOded ai thc •nny Trt¢s m or&r kn write off exh8$8th over its estiMaJfi]J life. 3J% on 25%on tost Frtthold land arKI buildingy ue an ex¢cWion the 8erml policy and i¥ Mted (or at 1998 insuranet v&lu< with thr surp1% bei08 tskeo io ibe r¢5UV Inv¢stm¢nts in li5td yhue5 aTe ststed at DJaTket h. TidD The eharity is¢x¢w (m iL%¢h•rithbl¢ aLlivilie5. Fund ¥rouDlln¢ u[e5]cted furth be used in ac¢othKevith th¢¢h¥m•bk oEy¢¢iiv¢s at the dixffjion of the InLts. R¢styict¢d fuThts partKwIu Testrjrted Jxrt>ses withiti of th¢ ¢h•Tiry. R¢stlIODS ari5¢ wth¢n Fu1thereXpI(#1 orth¢ n¥w¢ PwpeOr cach is iDcIth in the tK)tcs th the fowici81 s]5. Page 9 coniinutd...
Tht Parotbll Cbutth CwDd] If tht Ectksl$thJ of St Mkhael HI h ate Yotu to th¢ FlnudlStaternents th<OD forthtyear ber20LI ACCOUNTING POUCIES-tMthiwd Th¢ Ch•rity only h$ fiDary] 55m Iwbilittcs of ¥ kiThl th•t basi¢ fillaD¢J" whi¢h are ittitiilly DONATIONS AND LEGACIES 31.1223 31.12.22 184.6 21209 216.559 43,964 13,012 Glft 4id tllx T¢wv¢rd 205.813 273.535 th1105 ]V¢4 Kh¥d inth¢ •r¢ •J follrn.. 31.12.23 31.12.22 LS)Daii¢w by stsndiD8 ord¢r Cifi Aid envelorrts Okynplate s¢Trice¢olle¢tio Su* donption¥ R¢$trieitd Furd¥ iLKome 64.776 76.184 4,169 17.176 102.652 88.261 36.400 184.604 216,559 31.1223 31.12.22 FuthisiD$ Churth hall lettin8A 542 37243 I65 3.807 35,833 39.450 40,65S INV&STMENT JNCOMe 31.12.23 31.12.22 Rents r¢ttiv¢d 4QJ03 6.361 4&052 2,809 50,861 PaBe 10 ¢onlinu¢d...
Tht Prochi•l Chr¢h Copnell of the Et¢lesi1s11¢4l P* Noles t t tEmtnts- ¢ollti#ned for the Year EDdtd JI De¢tmber 1023 funding of aoivitics (see Costslsre nolc 61 CO515 Isee M)t¢ 81 Totals 274.013 7.732 48.898 340.643 DIREcf COSTS OFCHARITABLE ACTITIL8 31.12.23 31.12.22 Staff costs ConthTr¥Jtiot) 10 the FWMI Church services and music Clergy ¢XPEr CkrBY bo Church nllmin8 expenxs Chur¢h main¢¢n4n¢¢ Gu. water and eltLtii¢ 41,713 117.5 4.819 3.804 36,462 20.549 27.224 21.407 535 34,461 117.500 4.794 5.473 18,577 16,210 11,963 274.013 211.088 CRANTS PAYABLE 31.1213 CThuTch WOTk 17.732 39.326 The t(ul pid Io m51itut1a dwm8 thEy¢•TWW a5 follm.. 31.12.23 2229 31.12.22 2,308 XLP M¢d¢awE C4WS CARIS Kirimi Limi Zirnbabwe ViLlimsFuty 2229 2.308 2.80% 2.308 2.301 20.472 2,229 2,229 HNLC Chn$ID Aid Churdj Urban Fuhd The CokridgeTnJst UNHCR Al Ahli Ho4FitsI Gllzx Briiish Redcross 1.832 50 3,150 1,832 1,766 17,732 39J26 Pagc 11 continued..
The P#rothial EttlttlsttcaJ Pari r¢h Countil ottht of Si Mkknel to thtFlttllcll e Ytr Ended 31 r 2023 SUPPORT COSTS Totsls 47.644 254 48,898 Sur4MXtcoM& ¥Dchthd it) the1b weas (01t.. 31.1223 Chur¢h 31.1222 Totsl ivibes Wa8CS Printin8, Stalionuy. ielepknt int¢n Deprecitition of Emgjble and huitsi¢ •55aS Bank chwBes 33.320 630 7.694 30.705 5.484 9J93 289 720 48,898 46,791 TRUSTEES, REMUNERAllON AND BENEFITS Theyt w¢r¢ M 15, reJiMJJmlKffl other Iwfi¥ fw the ye4r 31 Delber 2023 nct f ymr end 31 DeceJnber2022. There were 00 tyustee5' expeDsts pid for the yeu eLdt4 31 D¢¢¢mber 2023 bor fty th¢ ye4r erthd 31 Dmnber 2022 other io. STAFFCOSTS Stsff included itt thvknv¢. art Is follm: 31.12.23 31,12.22 Dirttt ch8rithble exFrKtiti YIKLth Organist5 1 choir Syppon c¢xts Pth sdmini$traknT (Key TenInation pa)ryrul IfoTptsh thmiJlr¥Torl 16,373 2S,340 I l.iJ2 23,369 33,320 30,705 75.033 65,166 Voluntcas pY ID rde in of the lift of the Chwth 11Ky thc IcDdership of WOT5hip by TcJin8 and prnyer5. $in8m8 Ij pt4yÉn8 insthjments. They are involve41 in or8onisaiiottBI and adrtUnistrdtiv¢ roles pl•nrtin8 4t¥1 orgLl actrvilies Ij MIS. welcomin8 gnd proiry(k information for memb¢rs and Yj51torn Voluiit¢a5 prepa and rrfTethments after 3eThff¢s ¢hurrh tMUnIty eveThts. Sing¢r5 and mli¢Jan$ pve re¢itsts. Okn t¢ath •nd wise crdft and other activities for chlldm). The fiowers and other decoratio 8r¢ aJTanged by &nd tk fabric f4Trd for, 8ewn, lauNl¢r¢d and ttyBrred, by volunttet5. Volun¢¢us participst¢ in cart. whi¢h visiiitig tlmx wFK> •r¢ ill ine ho. Pagt 12
The P9rochlalChurth Councij of the Ecclai15titxl Patish of Nrfei io the Fln tsternentS-tontlnued ror iht Ye•r EDded 31 De£ember 2023 JYCOME ENDOllTs FROM tk)nali0Th5 and Itga¢ie8 237.135 36.4(KJ 273,535 Chhcr tr] activiiies Invcstsllent itLecint 40.658 50.861 40,658 50.861 Total 328.654 36,4 365.054 LVENDITURE OP4 ChATitAblt acthltl ChuT¢h work 295.976 1229 297.205 NET INCOME 32,678 35.171 67.849 RECONCILIATIOY OF FVNDS Toial fvnth broughi ronrd 576231 ISJ46 591,577 TOTAL FUNDS CARRIED FORWARD tA18,909 50.517 659,426 TANGIBLE FIXED ASSETS ¢Awpttl To¢815 COST Al l J4nuary 2023 Addilion5 181,464 199,561 19.939 49,124 431.149 21.733 Ai 31 Deremt¢r 2023 182.464 219.5 50.918 452.882 DEPRECIAT10 Ai l January 2023 Charge for y¢ar 15.376 6.652 48236 l.(143 63.612 7.695 At 31 Detanber 2023 22.028 49.279 71,307 liET BOOK VALL Ai 31 t)¢cemkr 2023 182.404 197.472 1,639 381.575 At 31 Decetth 2022 182.464 184.185 888 367,537 Frecknld Jatrj 8d buthiin8s cwi% the curxie'$ JThse 11 17 Bisham whith 15 stsied 1998 lltsured volue. This bjilding is regist¢rrdwMkTth2 Dii*eJt ben¢fit of the PArochial Churrh Council of St Mi¢h•tl High8al¢. l¥operty impmements depreci1 t¢pJ in Scptallber 2020. whi¢h i& the fml fvll month foliowitig the pMi¢al tth)Jpltrion ofthe WOTks. Page 13 ¢ontiort..
The Paro¢blal Churth ColdI of d E le$1¢#1 Pl$h o(St Mkhel Not to tILe FinaDdal Year E tsterneDtI aLtI 13. DEBTOKS: AMOUTrTfs FALLLYC DUE WIThIY ONE ITAR 31.1223 31.12.22 18.934 42.922 Gift Aid 64.131 67.026 61.856 J4. CREDITOKS: AMOUNTS FALIJNG DVE IIITHif4 ofE YFAR 31.1223 31.12.22 65,149 13.516 6.804 4.122 76.665 10,926 15. MOVEMETrry IN FUNDS Ai 31.12.23 Al 1.123 Unrtr1rted Genernl fUj FIX rexrve 241J74 J67535 210218 3$9,841 17.694) 138J501 570,059 Embroidery lega¢y Clock l¢ga¢y Memori4J 8arden fijttd Hopewndow fijnd 1.018 11.750 1,018 I 1.484 12661 37.685 19.6(K)I 28,085 50.517 19,8061 40.651 TOTAL FUNDS 659.426 148,7161 610,710 Net nyJv¢Mi in fvnd4 in the9tVe follom.. Movement in funds Unrtstrlttod Gentrnl fwid Fixed reJ¢rve 291.927 {323,0831 17.6941 17,6941 291.927 {330.7771 138,8501 aock1¢8*Cy (2661 19.6tK)I 12661 19,fA)DI 19,8661 19,8661 TOTAL FtJNDS 291.927 1340,6431 148.7161 Page 14 COtinuEd...
The Prothl41 Churrb Couniilof the Ettlesl$tl¢AI Par Notu to Iht FinAllrixl Stattnnts-tothi#td for the Year End¢d 31 Dettmbtr2023 15. MOVEME] FUYDS.toDtiDye CompAr•dvtsfor l Ne¢ Al 31.1222 Al 1.122 Genetal ffij] Fixed ass¢ts 199.889 376342 42271 {9.5931 242,160 366.749 576231 32.678 608,909 Embroidery kgxy Clock lryacy M¢Triorilll gardefi fiJnd Hope wiTrkn¥ fund 1.018 11979 112291 11.750 1285 36.4 37,685 15.346 35.171 50,517 TOTAL FUNDS 591.577 67,849 659.426 Inry)rnin8 Movemeni in p¢nd¢d Unmtrkted funth Generpl fvnd Filedse1$ rerve 328.654 1286.3B31 19.593} 42,271 19.$931 328.654 {295.976} 31678 Restrkted fynd• Clock leBy 11329) 11,2191 36.41MI 36.4 113291 TOTAL FUNDS 365,054 129720S1 07,849 Flxed A¥Mt ReMt¥t Thi5 represen15 the nel v•Ju¢ of f1 aets held by the dnwth. A trnnsfer from th¢ 8¢rKrnl firyl was rne 10 thi5 reserve thingthe year. Embroldery Lepty Thi5 Is 4 rtsth¢ted reserve I¢1ed u a l¢8xy Splf•1]Y usknp m11titrtue ofth¢ chUh cmblold. CIDtk Le8¢y Thi$ ig a Ks¢n¢t¢d r¢5crve Trteivtd ¥ a le8xy solely for r¢fi¥bi5htDg of the ¢knwrh clock in the church lemorlJ G*rden Fund This is a $triCi¢d r¢s¢rY¢ rtelyA WIfi1]Y for the wk¢¢p •Dd maimee of the memtiyial BatdEll in the Page15 continued...
The P8M¢htsl Chur¢b Co¥Dt510(the Eteles1c•l Partsb of Sl Mkhel Notff to the Flnxlldal for the Y¢Ar lemelts. comti Hope Wkndow This ty ¥ r¢srrict¢d fimd fry Ttly¢d wifK•lty thc nKmoTial sthined.glass wllthw that will pLxed in the wall of the ctswch building over the that leads w the hall. Tbe wiThlow is currfflily nor detOAteO with st8ined%ls& The deal of the wiTrknw has i£n toMped 3#d aFyJoved, and the ctIOn instsllation of th¢ ndOW$T¢ plgnn¢d iotsk¢ plx¢ u) 2023Q024. RELATED PARTY DISCIA)SURES thw1 thv y¢4rlktlonl knallin& £1229 I22. £2J08} wffr F•¥J to Kirim• Limilcd • ¢h•rity of which Dr KT¢n Set Dunn8 the y¢4r, P. a mcmber of th¢ PCC, ryviv¢d £]0.5 rwunu•tion for th¢ rol¢ •$ DJTxlor of Musi¢. No Pa8e 16