2024-12-31-accounts

REG]STERLD CHARITY NUMBER: 1130913 Rejxbrt of the Trniiees and una￿dI¢¢d FlnAtlal StatsJDents fortheYe4r End¢d 31 Dttemb¢r2024 The Pirochlal Clrnrrh Coon¢ll of th¢ EcCIe&l&tle￿ Pirtsh tbf Si MltbAel Peteruptim) Bridgc House 2BridEe Averjue Maidenhead Berkshire SL6 IRK

The P&roth5al Cknttr¢h Coundl of tht Ecrle5i4stiel Prlsh of St Mlthae] Contsnts ofthe Flnantial Ststtments f•r the Y¢#r Emded 31 Dttember 2024 Reptsrtof the Tn#¢¢es IUdepeRd￿tIi£￿1￿er'• Report Statement of Attivltita BglAD£e Sbtet N•tes to th¢ FiDgD¢i*IStatemeDts

ThtParo¢hl41 Church Couttdi of tht Etdesla$ticfil Partsh of St Mithod HI Report of the Trustees ror the Year Ended 31 De¢embÈr21124 The I￿st¢<5 present theiT report Mqth ik financial stst¢mcnts of th¢ chaTity for the year en￿1 31 De￿rnb¢r 2024. The t￿￿te8 have adopled thc provision5 of th# Siaiem¢nt of RewtKD]end¢d Prac11￿ ISORP} 'A(xounting aod R¢porting by Chariti¢s'. Sialcment of R¢¢o]nmet¥led Ptactice appli¢abl¢ to chariri¢S preptring their &culluJts ill accoTdallce with the Finsncial Rvti￿g Stsndards Èppli¢able in thE UK4￿1 Republic of ]reland IFRS 102) Eff#tivt l January 2019). OBJECTIN￿SAliD ACTIVITIES Objectivt$ and 8itlls Th¢ main ¢haritsble puyp)SE Df the PCC is the 8dvatt¢em¢ntgf religion. Slgnlfi¢#ut betlvJd¢s St MicbLel's offcTS O Tallge 4>f gthvices fromthe fornjal trditioDaJ tok88 fo￿￿&1 cotttemm fornis ofwor5bip. We provide chisti￿ kaching for all ag¢8 wih Stsnday 5chwl provision for ehildren at the 2 Tnain Swthy servi￿. We hav¢ Mesgy Clwr¢h, aimedat farnils&8, and regular me¢tillgs fur OUF youih mcmbcr5. GraDtmAklD8 The PCC SWQTLs a nurolr uf other chariiics by &ll￿aling a poportsoD of the Chwth'$ incojne and the whole of the ChDStm other 8pecifKd off¢rings. Volunteer5 St Michael'8 Trlits OD the ¥enerouy SUPE￿ of Ttthtty vol￿nteerS. tw of whom are Jis¢&J in this rwt. At*rt ftorn rhe Stipelldi aer8y, who are paid by the Di(Kese, ¢hDristers. muwians, Ik pBri5h admini5trBtor and youth wwk¢r Are paid for their %rYices by St Michael'8dirf¢tty. In addjtso￿ on¢p•rt time Ckrgy 18 sclf-SUPPOrtiJh8. Pubmc fsonefit In additiun to th¢ pro￿$loll of rtligi(kus seNces al￿ pastornl 5UPPOrt the ChU￿h is opttt for and bost5 a¢tivib"¢s for the widrr ¢onyTtunity.The PCC believe thal th￿r¢nI activitics in lithe ￿ryth the CbaTity Commission ￿Tr￿d¢litie (www.¥ov.uklguidan¢clcb&Tity.PWWSeS-aDd.TU]esl. Page I

The Farocbial Chur¢h Colllldl•f the E¢clp5ia5ti¢4l Prish of SI Mi¢h•el Re￿rt ofthe Trmst ihe Yeir Ehdtd 31 Dttembtr 2024 ACHIEVEMEfTS AND PERFOIIJIANCE Ckarttablt 4¢livltle5 Church llttendallce It was ttported io the APCM in Mty that this year the annual revision of the Chur¢h Elecioroj Roll plxe btnveen April and May wHlrc6u]l¢d in the followllw figures.. Th¢numbcronro]I pri￿t0 th¢rtvisioL". 250 The nvmber added on coJnpletM)n as al 15 May 2￿24..10 The ]JUT]]berrernovtd froin the￿1[ Ideoased tr t[￿ved￿VaY).' 3 Th¢ fiJ)aJ numlxr on th¢ 2024 roll.. 257 Revi¢w ofthe Itar 2024 One of the themes dominating ttvxh ofthe 2024 year w&s th¢ need to be￿n raising futbjs for wairs to the chureh iowet spirt - w) estimaled co%t which h&1 risen to son)e £lJ milknott bythe begintiing of 2024 ￿)d which was addr¢5$￿ r¢gularty by thc PCC And standing fDtrJrnillee. viii0￿% Jyxrtes were explored ind￿lIng raisillB a soft, loatt on the Bishatix GardeJL% pro]ty: ￿1￿illg St Mieha¢l's coniriburion to the Comniojj Futhj - ttot witbobt its llnpaLf on th¢ nc¢d to rc¢Nil s uwatrlassJant w¢ar- and apJ>ointing rutKtraiser witb special skills ￿ thi5 aT¢8 of w(vk. A small Sub U)]JJthit￿e is the to b2 foTtlled io advised the ￿(ar ¢)n th¢s¢ snd oOr fuTrAraissD8rrt)88ibxtities. Othenvise a nuo)bet of pittt8 of worl some wgert, were identified, ¢ommisoftd carrid out. prticulady IHJ on¢ of the chwch I￿tIre$s¢S. This y&s QuillquenDiaJ Rq￿ was compJet¢d 2nd publishèL We also saw the Hopr Wi]xl(bw fiDalty iJJalk4 and all ouWaT sums pai¢ while • comnkmonttve p]ague with a S￿￿b]e ver5¢ from thc ￿"ble is still aw#itits8 Commissioning. The window looks be8utifulty into Ihe upper nave from the north wall and iw won a wm welco￿¢ from far¥nd A¢0mm¢moNi￿ s¢rvi¢¢ is th 12teT this y#r. Green i&sues were J150 &dYBncd the ¢hurch ond ¢ongregatioth St mi￿￿1,% C4)ntn￿￿jon to the Greeu Cburch iDltwtiv¢ ¢knowledged. Energy.savin8 behaviOu￿ were reeommetthd ar￿ impltnwited and lively diussions were held thtDuth)ut the ye8r. ajtrently thc chwth'8 application to become an has been resubmitte& Progrts5 with th¢ Mi&$ion Adion Plan was kept llderreview thTOU8bout the yeaT. frJ September of that yeat the thurch said its S￿ 8LN)dbyt to Andy Althidge who bad worked with us for over a yw and had C￿nSIder#bty inspired thiidren of all age& in fheir Browing faith in. vnderststkltrJ& of ChEiStianity. Ajmiy returned lo his home untry New Zealand after a res0w￿ling artd h￿d￿fell SEtKI-off, aDd bis plac¢ takm by Jditional hard WOTkmg volurtteets from St Michaels as well as children and youth WQTkers Red Balloott, atta8etV SI￿13]i$i￿g inproviding Sullday Sch(w)I twh¢rs. At the A4rne tirne Ihe PCC. lribule to d)e enorn￿$ ¢otttiibutithl' tt&de to the chu￿h by Alon a￿1 thnny Wcst As th¢y annoLmetd plans kn mov¥ tu a thuTLh nedrer their Dew home in E95t London. Tammas slat￿ was ]]]a(k thatt wel¢0￿e as our llew ￿5￿￿tant OTg&ni5L So f8ras the d)uttb acc￿￿$ ale coxcmcd Peter Ch¢osu¢¢¢¢d¢dCharl¢s JgAth¢au as trta8urer. As the new Hwitygey Synod begAn to settlc down Si Mitha¢ls PCC rryYcstntstive4 miinlaiJLed a si¢8dy conta¢t and were Bblc lo twu imwtant and int¢r4ing Sessio￿ lookin8 ai the ways irt which we. as chLrches, w¢lwme and c4r¢ for dis•bl¢d p¢ople at ourstÈvices attd othctmw. attd the disturbittg ris¢ in th¢ 2mouMof violence towardlwomen and gir15 ￿ed ?nourarea. Attothtt theme that domDJatcd th¢ F¢rityJ uthjer Teview was the introdudion of hr sophi$ticated 8udiovisu8J chlloloBy within the ¢hvrdJ induding piallnillg to silual¢ a screen in the gallery for screetiing and more s¢Jk8ilive speakets. The a¢tu81 siting of Ihe scretn 8ave rise to some di8¢u5￿0￿. and the ￿mPli￿¢￿ prr¢us of x¢wing 8 f4¢ulty DAC was ThTOU8hotsi the year in question the Wellncss Café OV¢Tseen by the Highgate Newtown ConuDunity Prtiie¢i - fvIIy BUPPXt¢d by our 5jte m￿ager Domini¢ &ay- frtrrt strength lo 5tren8th provid￿8 nourishing Iwjchcs st wthy rethsojjable pri¢es to I￿￿ tesidtt twice a week on Thes&y5and Wth5day¥. On those San￿ day5 the lunch(itM rerrilals #lw bew io it￿aSe the size of their audieJ]c¢s. Abty [t)anag￿4 by church admiDislrnt Jess Siamth they OfferTh￿[ca] PErfI)Tmance50f the veryknghest ¢alibrc to lo¢al ttsidthts and a widerpubli¢. Page 2

TktParo¢hlal Cbwr¢h CouD¢N of tht E£Lltsla5tltal Par15h of StMlch#el Reptsrt orth¢ Trustees for the Year Ehdtd 31 DecembtT 2024 Meanwhile se&wna] events including the barY¢t tea.. Christsnas rollection di5thbution to th•riti¢s' th¢ strawbeny 4., As Wefjnesdy and Easter vigils, and summer barbe£ue all I￿k place a5 plami¢d and in excellent ordet. The forecourt Calvary along with th¢ low wall and short pillats at th¢ front of the ch4w¢h werv ileaned aDd wh¢r¢ n¢c¢s5ary ttpaired. The Sjrthtr ¢m￿lI1￿1￿￿t of Over8]I St Mi¢hael'B Highgate beBHu finally to ¢mcrgc from the ii8our8 Bnd diKciplin&4 (bf both Covhl rh¢ itifi&tioJw prcss that havc aff¢ot¢d its IxJd¥¢l. Tr clcctordl roll up for th¢ Iturd ytrar nllmirjg al least, and Tec¢ipts from our collettions 8iven 8enenNJsty at seryicrs . illcr¢a5ingJy via our ]M¥ly-iti%tslled electronic payment ttKth(Mls . wer¢ ￿coVeri￿g. 2025 app¢ars lo sknw no ktw in the￿¢¢ quality of change. Fundroising aelivltits The main fjmthaising acti￿ticS in the year included Partici￿￿0￿ in the yearly Jlighgate Fair in thr S4uue' . As mentioned in the Rqxkrt of th¢ Tmstets, there were also d￿C￿￿10n5 the ftvivH] ofst¢waTthkn"p ￿tiVin¢S that hod put on hold 10 the e8rlieT lockdown rKtrictioo8. FPIANCIAL REVIEW Fthanclal rt￿ Th¢ iwom¢ of £344k foT the year was &ignific8ntty bi8h¢r thatt thai of the rAior year wryth * 180/0 Increase. This was due to a few fa¢tor4 thE rnajor on¢ F¢ing du¢ to larg¢ don8tioL St3ndiThg fftlers were down ardill this lim¢ by £3k and 41so a ¢k¢rtax of £3k in Open plate coUcctiOn5. Allother factor in th¢knigber w&%due to inve￿ iLcomebeiLgup £9k¢oMpa￿d to2023. Tota] eKpenses for the year are £36k low¢r tknn prier year, this WBS pan the 2023 eXpe]￿ltUre on Clergy house in gem.ng th¢ Bisham prorrty pr¢pgTffsl and relatsd Aid da1￿ ¢ompri8¢ aix)w 76YJ of Si Mi¢Thaels fi￿thn8. Hau Iettiti And thc lett￿ of a I￿al ]Jous¢ Own￿ by the rhurth I'Th¢ Curatt￿ Htstse'l up another J4Q/o of overall fim(bng. This is Irtwe￿￿EDf poU¢y obJt¢thTes Cash rt%eTves aTE held on dcFx>sii 41 thc batsk ￿ b level deemEd sufficient for regular Swplus tash i% hem in ll Church of England d¢p)sit fimd the cjwity fvDd man8g¢rs CCLA. Alth￿£b itrttr¢st rates qre low, the PCC wi8h To ke¢p rescrve5 liquid End held with miDUDwn risk, SL>thc low tetyjm is acceptsble. Rt*rvei polKy W¢ do not have a forniaI N)Ji¢y. we do hav¢ gn infom￿1 pAttice of keeping threc months. worth of r¢8ular opetating CXpe￿¢S 1£80,0001 ill T&￿ry¢, We ai80 aim to pJT aside each yeat o siz¢abl¢ gmoum for Jnaj(Y WQTk that will b¢ r¢quired ￿ keep St Michael s church ill & ¥￿d sktt of Tepair. The larrer pnetice ]% now a y¢atcr centre of focus wven the tteed 10 ¢oiJ5ideT high level Stunework on th¢ thuT¢h roof and steeple. FUTURE PIANS The PCC intend to continue activity as DornJHJ. whilc ycttits8 asi& Te5erYcs lo IKJild up the rchmbishment fvnd for tbe quith4uetttiial iew. G0Ven￿ngdo¢￿me￿t As P4rt of th¢ Ch￿h of England the PCCh&sNo AppTovcd Goytnllttg [kn¢￿llents.. 111 the Pa￿￿bla1 Church Couti¢iJs ￿0wey$1me￿$UrC 195685 amen￿. at 121 the Chut¢h Repre5entalioTr Rule5 (Conts￿ed in Schethle 3 to theSymodi¢al Govemmellt Me8sur¢ 1969 &8 atnellddl. These are both Church of Engjand Meats￿$. Rt¢rultTr)ent aDd Appoilltll￿nt•r new trustees Th¢ nJ#hod of appointtneoi of PCC members is set out in th¢ Church ReWE￿lation Rules. All m¢mb¥rs of th¢ wngreytion arc t￿oUTh8tdto re8iStcroll the Electoral Roll &nd to sr¥nd foreI￿liOtt to the PCC. Pa￿5

The Pn)thSal Churcb CouThri] of th¢ Etclui&$ti¢AI PAri5h of St Michael Rtprt of the Truslets for tht Yur Ended 3J Dettmber2024 STRucfuRE, GOVERNANCE AND WACEMENT Organilationil rtruc￿rt PCC me]t]beo who have. except wlme othe￿1$¢ stated, 8er¥ed from IsTJ8ttuary 2024 10 theth of this repor( gTW. The Rev. Olaknmle AyOkji-ChaitTr￿tt 5isiaDI CleTgy The Rev. Howard Rog¢TS Churcbwth¢frL8 Mr S￿￿On Ow¢n Represerjlatives onth¢ Deanery Synod MT AndTew Clode IPCC sec•) MrNitholas Sartdtrso Dr Karen SeDn&t Mr8 Julia Rigby Mr Simon (Aven Mrs v￿gInia Wcsr (r¢si￿d May20241 MrMi¢JJdeLPowell Ms Haangm Marw Mr Akxander L¢hJDan IFesigDed Moy J)241 Mrs Megarj Clark (re$]￿ed May 2024) MrMalco]m MLfjre8or MT PeterCh¢n {TrEasuTW) MT Wiuiatn P&itts {appointed 20 June 2024) rMat Trailcy ITCSig)cd May 2¢1241 ST5 Li$8 BT&ling duedon lld trAIDlng of trwtees New truslc&8 are wven arl oral welcorne aDd iLtr4)duction from the Vicar and S￿retary, COVUiD8 tr￿￿tte thjtits. Ctipies of relev￿t docwnenlationAre also pro%￿ded. Wider nttwork Th¢PCcrnainlai￿S strong IiTJks with its Miwon Partne RdAted pirtles DrKgTen Sennett is & Iruste of Kirit[￿ Limit&L a ¢h8tirywitththe PCC gupfft. She (kJeÈ notre¢eive remuneration forth]s￿le. REFERENCE ANDADMINJSTRATIVF DrrATIS Re*itred Chartty number 1130913 PriDcipal ￿dre Sourb Orove Highgate LONDON N6 6BJ Page4

Tht Parocbiil Church Council of th¢ Etclesia&dcal Parish of St rt oftht Tru$itCS for tht Ye8r EDded 31 Dttember 2014 lknisté¢i MrMDail¢y IresigDed 31.524) rm M¢&egor Rev JH Rogers Mrli San(kTSon Mr5 VWe81 (res]￿ed 30.6.241 Rcv O Ayodcii MrS(hv MrsJ Rigby Dr K Senn¢ Mrs L Brading Mr A Ollier M% H Marwah Nlrm Powell MrALebm8n Ir¢8igll¢d 30.6.241 MrA a￿fje M Clarft {re4igKd 30.6.24) Pcht W Ptsins laptK)intcd 20.6.24) Tht Par0th￿l Chlltckn Council of the Ecclesiastical P8Ti5h of Si Mi¢had Highgate becaThe & ThHrity regi5teied with thB Charity Commission on 3rd AugusL20(Y) with meft&)eys of th¢PCC b¢wuing Trust¢¢5 of the Cbarity. Inwtdètst ExmJDer Nalashtt Cassidy Pet¢r Upion Bridge House 2BridgeAvenue Maid¢tthtad SL6 IRR The Church St. 4Jichael's Church i¥ sittweJ in Swth lknve, Higbgate, Londott N6 6BJ. It 16 itl E4Jmonton AT¢a of th¢ Di￿￿5¢ of Lon&)n within the Church of Engi8nd. Its edd￿55 forcoTrcsp0nd￿¢e is SouthGrove. London N6 6BJ. q Jthw A￿0VedbY order of the t*Jèrd oftru8ie¢$ oll...........-............. .. 2026 .. and Sigtt￿ its behalf by. R¢v O AY￿J1. TnL%tee PAg¢ S

lttdtptndent￿￿Mj￿tr'1 Re￿rtIO tht Tru$teeJ or Thc Parocbia] Churth Countll of the Ectle5ia5tic41 P&ri5h of St Mith#el Independent exminerf$ r¢port to the trnstses of TJb¢ Farfjchl￿ Ch•rch Councll of the E¢¢le5ia51k￿ P•rtsh of St Mlthael Hlghgate I wort to the ¢htirity In￿S on my examination of the accounts of The Paro¢hial Church co￿¢11 of th¢ E<¢l¢sifjs¢ical Parish of St Michacl Highg8te (Ik TnJ5t) forthe year ended 91 Decernber 2024. RespoDsllAltlle5 znd blldsof rtport the charity tTUStee$ Tnjst YOU 8Yt resÉx)tysJble forthe prep￿atIOn of tht attounts in a¢¢ordall¢e with thc requiyemrnts of the Churities Aci 2011 Ilh¥ Act). I report iti res￿1 of my ex¥min#tion of t￿ ThJsts atcounts carried tyji Section 145 of the Act And in can)ryn8 rArt my CX￿1n￿tio￿ I havc followcdajl ypp1j￿k DiTWiQn$ 8iv¢n by th¢ ch8rityc0rrtmi￿lQn un(kr St¢ti¢m 14515)(b)of the A¢L Ihdepthdetyt tXmID￿'S Statement SJn¢e your ¢]wity's sross income ¢xceeded £250,000 yow exwniner Jnust be a member of a listed Wy. I CHll r*)DfiTm that l Bm qualified kn undertake the EXa[￿tiOn beLX]se l a memkn of the A%5(Kiation of Chartered C£rtifJed A¢¢0Uttt￿ts, which is otte of the li81edb(¥Aies. I have ¢omplet¢d my ¢L9M]￿ti¢)n. I CODfum that no mHteri&l mllllers bave to my attclllion irl connedion with ihE exarnination Eivin#mc ¢&u$e tts belicvcthatth ttty ￿￿tI]SIrespect.. T¢¢OTd&w¢rtnotk¢M yti r¢wt of the TnJstAS reqllw¢d by S￿l0n 130 ofthe A¢L' the aCt￿nts do tM)t aecord those records. or the a¢cowtts do not comply with th¢ appIl￿bk Tequif¢DJ¢nts coJK¢rnllJg th¢ fomi aLd ¢ont¢J)t of 4¢¢wrAs w o¥t iti the Chorilies IAccouDts aud Report51 Reguiatiolls 211J8 Ot1￿ thall 3lly TqUitezDcDt that the accounts give a ttue attd fair vi¢w which i$notÈ tjjatter tonsidered a8part of an ind¢pett￿ examinatioJL I have TJO umcern5 aDd have Come atro&8 llo other mattets in tOmLe£tion with the exami￿tion tts which attention shtyjid ￿ dra￿ in this report iti ordet to ￿&bIr aprcyer undtr%lanthng of the Aectwjts lobr rexebed. Natssh& Cassidy Petuuplo Brid8¢ Hou8¢ 2 Bridge Avenu¢ Maid¢Dh¢ad B¢rk5hiT¢ SL6 IRR Date..

Tbe Pr0etrd￿ Chllreh Countll of th¢ E¢tlesSwiral Lrish vf St IMi¢h•el St&tement of TrIDan¢ial Aetlvltles for the Year Ended 31 DLYemb¢r2024 31.12.24 Total 31.1123 lotal Unrestricted fulld8 Restricted Nthts INCOME LY. D ENDOWMEpifs FROM 259,￿6 1,065 I(￿,$61 205.813 Othertrading xbvities InvcSm￿t 1￿m¢ 26,754 55.933 26.754 55,933 39,450 46,664 T•tl 342,483 1,065 343548 291.927 Charitable ctl Chutch WOTk 277.389 28.085 305.474 340,643 NET INCOMFJ(EXPENDrruREI 65,094 127,020) 38,074 148,7161 trmught fonvard 570,059 40,650 610,709 6S9.426 TOTALFUTr4DS CARRIED FORWARD 635,153 13,630 648,783 610,710 copirii¥uLNG OPERATiof4S All illcon¢ attd e4*lldi¢w￿ has ¥riB¢nfrow¢ontinuin8 a¢tiviti¢ The not¢s fonn pgrtof thFsE financial statements Page 7

The P&rocbiAI Churth Countil of th¢ E¢rlui25tir&l Parish of St Mi¢hA¢l Blnce Sheet 31 De¢emb¢T Ztll4 31.1224 Total 31.1223 Toial Unreslricled fund5 FIXED ASSETS T4nsibl¢ a5%¢ts 12 401,348 401,348 381,575 eLTrRENT A%SETS 87,461 158.226 87.461 170,791 67.026 240,774 Cash 81 bank tmd ID hand 12,565 245.687 11565 258352 3O7.8L¥J CREDrroRS Amounts f￿71￿8 due within onEye4r 14 111,882) 1,06S (10,817) 178.6651 F4ET CURRENT A&SETS 233.805 13.630 247.435 229,135 TOTALASSETS LESS CURRENT LtABILIT]ES 635.J53 13.630 648.783 610.710 PIET ASSETS 635.153 13.63Q 648.783 610,710 15 UnTe5rriCtEd fim Rcsthct¢d funds 63S,ISJ 13.630 570,059 40,651 TOTAL FUNDS 648,783 610.710 The fmaJKial statements w¢r¢ appTov¢d by Bofyrd of Trust￿ aDd authoiised for on ... . signed on itsbeha]f by.. The1￿ fthAttpartofth&%e fiuxTJcial ¥tattrnEnts Pase 8

The Pro¢bil Chur¢h Councll of the Klicy attd tkn"s propcty i5 attouttd for ai 1998 in8wAee valu withthe S￿￿LuS thk¢n to th¢ g¢llernlreseTh vesttnetsts iti list￿ sha￿$ aye Stated￿ E])pknv4ly¢. T&x*tio Tb¢chaTity ￿ exetnpl from tax on its¢haritableaclivitie& Fumd Aecountlng Unr¢sthercd funds Qqn be usedirtaccordance with th¢¢h#ritable obje£tives ai the discretion of the ttusiees. Restritted fimds can mly be Jtsed fw particular remic1¢4J pu[pD￿5 withiTr the objects ofthe Ch￿￿ty. Resttictions grise whett SE￿]rIed by the donororwhen funds Bre raised for yaAicularr¢#nci¢d Pu￿0￿¢$. FuTtherexplanation of the naMre4tyJ ￿￿)0$¢ oC¢a¢h ftmd i5 incl￿ed in thr noics lo th¢ fin￿￿]dI stskme]Jts. Pag¢ 9 ¢ontinU¢d...

The ParothiJ Cknllrch CouThtil of the Et¢lt$15titlPrlsh of St Mlchael HI h att Noles io the FJNan¢i#l Stalementi-tfintinued for the Y￿r EDded 31 De¢ember 2024 AccouNfiNG POLJCIES- FID1nd￿ Instrumtnts Th¢ Charity only ha$ fin￿￿¥] assets and liabiltiies of a kitid that qualify as knic ffflanciaj in4trwnellts, whith are tllitiajly reco￿1$¢￿￿ttlBD5aetj0fj y￿￿# andsubsequelldy m¢asurtd ai theirseN]emeJJt v8]ue. DONATIONS AND LEGACIL8 31.12.24 31.12.23 rknn&tiOD5 Gift aid taxr¢cov¢r¢d 260,861 184,604 21.209 260.861 205,813 t*)llpllon5r￿y]Y￿j1 iDGludtyJitLth¢ above, areas foltoivs.. 31.12.24 31.12.23 Donatior6by #onding OTd¢r O￿n plate service Cou￿tionS s￿thy don&tiOttS 61.395 13,293 162,831 64.776 17,176 102,652 231.519 184,604 31.12.24 31.12.23 Fundraisll 282 .234 1,238 542 37243 1,665 26.754 39.450 31.1224 31.J223 Rents rtctiv¢d Inter¢51 rettivable 47.880 &053 40,303 6,361 55.933 46.664 CHARfTABI.E AcrtVlTtES COSTS funding of

¢tivits¢s

ltte nore Cc6ts Ise¢ not¢ 6) CIJ$L% Igtt nL*¢ 81 71 Totals CTrur¢h work 230.4( 23215 51,853 305.474 Pag¢ 10 ontiJbue(L..

The hTochiilChur¢h Countll of tb¢ Ettleslastltal Parlsh Df St Michael otes to Ihe Flnandal Ststernemt5- COlltrb)ued for ihe Yeir Lnded 3] Dettmlier 2024 DIRECT COSTS OF CHAIUTABLE ACrnYITIES 31.12.24 31.12.23 SratY¢osts Contributiottto thc DiLKC8allCommon Fut ChurdL seNices and niusic Clergy ¢Kptllses 41,459 120,880 4,776 1.641 1,322 23264 22240 14,824 41,713 J17,51AI 4,819 3.804 36,462 20.549 27224 21,407 535 all￿Ch TullniDg exFxNes utth inainlenance 85. wat£T Bndelectri¢ Parish]J]awne 230,406 274,013 GRANTS PAYABLE 31.12.24 31.12.23 Chur¢bwork 23.215 17,732 The total Bydnts paid to ￿l￿tionS durin8 theythrwls as follows.. 31.12.24 31.12.23 1229 2.229 2,000 2.229 2229 5.0(X) 50 1.766 XLP C4WS CABJS 2,290 2289 2290 2290 lo,￿￿ KiTi]v Limited Zitthabwc Victs￿￿E￿Id HNCC The ColuidBeTrust Britith R¢dCro55 Fo<xl BankAid CbristsNs Cfjlleclion 1,766 23.215 17,732 SUPPORT cosrs G0veM￿¢t Totsls ThU￿b wot* 49,845 248 1,760 51,853 coms. included the I￿are as follows.. 31.12.24 Chw¢h 31.1223 Tetal aclivilie W8g¢5 Prinlin& Swionuy, telephonc and itttcrnet Depreciation of W￿]ble wJdheritAge assets Bank £haTg&% 34,591 6,226 9.028 248 1.760 33.320 6,630 7,694 254 51,8S3 48.898 Pagell continu￿...

The Parothlai CILUfth Coutteu of tknt EttldlAStltal PArib of St Mithel Yotes to the FiDanclal Statements- continu forthe Yegr Ended JI De¢ember 2024 TRVSTEES, REMUNERATIONAND BEYEFITS Th¢Te wcre no ￿￿te￿ runwwdtion or othtr ben¢fits for the year ejthd 31 De¢emtrrtr 2024 nor for th¢ y￿r ended 31 Dtcenth¢r2023. STAFF COSTS Stsff w5t4 inc]￿l¢d in the aF￿v¢. ar¢ &% followj.. 31.1224 31.12.23 D￿¢Cle￿wIt&bl¢ &xp¢D(lititre Yoth wotker (kwists and£hoir Suwrt ¢ts$15 Pari8h athninistrd￿r (Key MaDageM￿lI T¢nniDati¢m payincnt {for parish athninisttatOTI 12,077 29,382 16373 25J40 34,591 33.320 76.050 75.033 Vol￿tter$ play ￿ tiWLlant role aspects of rhe ]ife •trJ wotk of the Chwth pth¢]￿le in the Itadersbip of worship by introducirL8, rcadinE and Itadin8 prayers, singin8 and playing in%lnmienL%. They are involved in or8Anisational Tjd athnillistsative roles plauLing and orgallising aCti￿tieS and rol4 welcoming aDd provide infornjation for tnetnbffls and visito￿. Volw]iryrs ￿part serve telTr%hments atler suyicrs and * chutth a[￿ wttunwiity STns¢rs art mUSiCi2ns give Tecitsls. <)tha% teach OTgBDise craft and kn 8ctiMtiu for ¢hi14Jrcn. Thc flowers 8nd 4)th¢r de¢ornti¢ms Hrc arranged by aDd ihe fabric &gTed for. being 5e%m, laundEred and repaired, by voluDteer5. VolunteaE PBrticipRte llj PSStOTal carc. wkn'ch Int]￿1¢817SjtIThg tb)se ill orhous¢brAmd or tti￿re homes. (X)VIPARATIVES FOR THE STATEMENfoFFINAf4CIALAcnvfTtES Re￿n¢t¢d INCOME Af4D ENDOw￿lENT8 FROM tknatiolls and legacie5 205.813 205.813 39.450 39.450 Totsl 291.927 291,927 Ch*rltsbk #ttivititl Chuwh work 33Q777 9.866 340,643 r4ET INCOMEIIEXPENDITURE) 138.850) 19.8061 (48.7161 RECONCILIATION OFFUNDS Tot81 fvndsbrought forward 608.9)9 50.517 659.426 570,059 40.651 610.7JO Page 12 )ntinued..

The P2rocblAI ChurclL Coubdl of the É¢eleslgSti¢l P4rtsh of St MithAeJ I'ottt lo the FIDancial Sttsments- contlnued (or tht Ytsr Ended 3J Dettmber2024 li TANGIBLE F￿D ￿ETs Improvel￿ts Frtthoid piop¢ty O￿lL￿ cquiA>ment COST At l January 2024 AdditiODg 182.464 219.5 28,8 50,918 452,882 28.8(KJ At 3] D￿ernbe[ 2024 182,464 24%JOO 50.918 481.682 DEPRECIATION At l January 2024 aJ8rg¢ fory¢at 22.028 7,458 49,279 lJ69 71 J07 9.027 At 31 DMLber 2024 29.486 50.848 80J34 NET BOOK VALiIE At 31 Decejnbcr 2024 182.464 218.814 70 401y8 At 31 D￿ernber 2023 182.4fA 197.472 1,639 381,575 Frethold lttttd and building8 wise the curate's house at l? Bisbam fjardej￿ which is sta￿d at 1998 itiSu￿1 wive. This building is T¢￿sterd Und￿the LoJ>Joll Di(￿e forthe benefit 0fth¢P8T￿]al chU￿b Cou￿)] of Si NfiLhael Ili8hgale. Prnpety 1mpri)vemeJ￿ d¢pK¢iation btggm in ScptcmiKr 2020, whieh is the fiTSt mLYLth followittg the prxlicaj completion of th¢ work& 13. DEFfoRS: AMOUNTS FALuf*G DUE WITHIN YEAR 31.12.24 31.12.23 1,158 86,303 2.895 64,131 Gift Aid 87.461 67.026 14. CREDITORS: AMOUNTS FALLING DUE WITHtN ONE 31.12.24 31.12.23 ercrediiors ¥,027 65.149 13 J16 10.817 78.665 Pag¢ 13 contitsued...

Tht PHnKhiAi Chureh Council of the Etde51astfi￿1 Parjsh of St Mkh2t] HI Notes lo the Flnanc121 StAtements- CDnllnMed for th¢ Year Ended 31 December 2024 15. MOVEMENT IN FbY4DS N¢t movement in fimds Al 1.1.24 31.12.24 U•re5trir¢¢d funds General fulld Fix¢d assetsreserve 219,818 350241 74.122 {9.0281 293,940 341.213 570.059 65.(Y4 635.153 Re$trltted fwLds Enthroideryle8acy Clock legacy 1,01% 11.483 11,483 Hopewllth fi]nd 28.085 127.020) I￿5 40.650 127.020) 13,63V TOTAL FUNDS 610.7ffg 38.074 648.7 N¢t movemeni in fjjtvjs. iiKlwkd in a5 lomows.. IL¢omm8 ¢xpend¢d in fvnds Unrutricted fvnds G¢llernl fiujd 342,483 1268,361) 19.0281 74.122 19.028) 342,483 (277.389) 65,094 Rtstrlded fuD& Hopewinthw fimd 1.065 {28.085) (27.0201 IYll'AL FUNDS (3Q5.474) 38,074 Comp￿￿1veS1Or moYu]eDtin mi)v*nent in fund5 At 31.1223 Atl.1.23 Uhre$tritttd funds Generdl fund Fixed￿Se15 rcs¢rYe 241 J74 367J35 (31,156) (7,694) 210,218 359,¥41 608.909 13&850) 570,059 Rtstrictrrf hLDds EmbToiderykgacy C1￿k Icga¢y m¢￿0[la18atde￿ fiLDd 1.018 11,750 1.018 11,484 (266} 37.685 19.6001 28.085 50J17 (9,866) 40.651 TOTAL FUNDS 659.426 {48.716) 610.710 Page 14 eontinued..

The Parochil ChuTch Coun¢ll of the Ecclesli$dtJPAri5h of St MlrhAel Note5 to tht Flnaneill Sthtèments- tom￿nUe4 fvrtht Year Ended JI De¢eD)ber 2024 Comparative net rJx)vcnMI in fithd%, irKhthdinthe a￿ve aTE follows.. It￿MIn Mov¢m¢nt ¢xp¢nded Uartstri¢ttd hjnds Gerleral ffijtsd Fixed ass¢ts regetrve 291,917 {323,0831 {7.694) 01.1561 17,694) 291,927 {330.7771 (38.850) Clock Icggcy witid)w fund {2661 19,6001 1266) 19,600) 19,8661 {9,8061 291,927 1340.6431 {48,7161 This ]tpres¢nts the nel Ixw)k vahje of fixed &ssets kld by th¢ A transf¢r ftom the g¢neral fimd was tThtde to this reserveiknJrin8tb¢yeu. Embroidery Thi5 is 8 resuictd resttverec¢iv¢dAS a iewy specif]cally forth¢ upkeep&K1 rnainterw￿e of th¢ rbuTthembroidery. Clock Lyey This i5 a restrirL¢d ￿￿Ved ￿ a legacy so]ely for bjllllr urthttD¥ and Tfi]thisbing of th¢ thuTth clock in th¢ church mernorI￿ Garden Fottd This is a rtstricied reseJv¢ for donations rc£eived specifically for the upkeep and rnèittnan¢e of the men)OTial 8STdffl in th¢ till￿ch grrt￿8. HOPE Wlndffi Thi8 is a r¢stricied for donatiODS re￿Ived specifically f￿ conlnl>ution$ to memorial stained-gl&ss winth)w wa5 p]a¢td OVErthtdooThvaythAt leads ioth¢ hall. The willdow Ims ￿en￿}mpl￿Ed a￿lapPrOV￿. andi]k4tslle RELATED PARTY DISCLOSUML8 145. Durins the year donntM)A8 totalliDE £2290 {2023.. £1229) weT¢ paid to Kiiima Limit¢(L a charity of which Ih KaJ¢n Sethnett No T￿te¢S r¢ceived any remutKr8tion durin8 the year. P8ge 15