REG]STERLD CHARITY NUMBER: 1130913
Rejxbrt of the Trniiees and
una￿dI¢¢d Fln*Atlal 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
Ecrle5i4stie*l P*rlsh 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 tr*ditioDaJ 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 nurol*r 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 P*rish of SI Mi¢h•el
Re￿rt ofthe Trmst
ihe Yeir Ehdtd 31 Dttembtr 2024
ACHIEVEMEf*TS 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$￿ r¢gularty by thc PCC And
standing fDtrJrnillee. viii0￿% Jyxrtes were explored ind￿lIng raisillB a soft, loatt on the Bishatix GardeJL% pro]ty: ￿1￿illg St
Mieha¢l's coniriburion to the Comniojj Futhj - ttot witbobt its llnpaLf on th¢ nc¢d to rc¢Nil s uwatrlassJ*ant w¢ar- and apJ>ointing
rutKtraiser witb special skills ￿ thi5 aT¢8 of w(vk. A small Sub U)]JJthit￿e is the to b2 foTtlled io advised the ￿(ar ¢)n th¢s¢ snd oO*r
fuTrAraissD8rrt)88ibxtities.
Othenvise a nuo)bet of pittt8 of worl some wgert, were identified, ¢ommis*oftd carrid out. prticulady IHJ on¢ of the chwch
I￿tIre$s¢S.
This y&s QuillquenDiaJ Rq￿ was compJet¢d 2nd publishèL We also saw the Hopr Wi]xl(bw fiDalty iJJ*alk4 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 di*ussions 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
Wefjnesd*y 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 pror*rty pr¢pgT<I for 4 n¢w tenanL so ¢lergy I￿￿&t costs w¢rc £35k lfrwtt in 2024. lllt mty(XYty of other costs
were sunilar 102023.
Wrth th¢ iDm5¢ in tD¢ome ayjd drtftase in expeDdilur¢ tt has meattt runni￿8 it has rlleAnT a modest sutplus ¢Omp￿ed kn the
$iwfi¢4ntothftow in the￿iDryear.
DoDatiolls (r¢gularJy Oc¢Writr￿ ￿ oDE4>ffsl 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 P*n)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$itCS
for tht Ye8r EDded 31 Dttember 2014
lknisté¢i
MrMDail¢y IresigDed 31.524)
rm M¢&egor
Rev JH Rogers
Mrli San(kTSon
Mr5 VWe81 (res]￿ed 30.6.241
Rcv O Ayodcii
MrS(hv
MrsJ Rigby
Dr K Senn¢
Mrs L Brading
Mr A Ollier
M% H Marwah
Nlrm Powell
MrALebm8n Ir¢8igll¢d 30.6.241
MrA a￿fje
M Clarft {re4igKd 30.6.24)
Pcht
W Pts*ins laptK)intcd 20.6.24)
Tht Par0th￿l Chlltckn Council of the Ecclesiastical P8Ti5h of Si Mi¢had Highgate becaThe & ThHrity regi5teied with thB Charity
Commission on 3rd AugusL20(Y) with meft&)eys of th¢PCC b¢wuing Trust¢¢5 of the Cbarity.
In**wtdètst Ex*mJDer
Nalashtt Cassidy
Pet¢r Upion
Bridge House
2BridgeAvenue
Maid¢tthtad
SL6 IRR
The Church
St. 4Jichael's Church i¥ sittweJ in Swth lknve, Higbgate, Londott N6 6BJ. It 16 itl E4Jmonton AT¢a of th¢ Di￿￿5¢ of Lon&)n
within the Church of Engi8nd. Its edd￿55 forcoTrcsp0nd￿¢e is SouthGrove. London N6 6BJ.
q Jthw
A￿0VedbY order of the t*Jèrd oftru8ie¢$ oll...........-............. ..
2026
.. and Sigtt￿ its behalf by.
R¢v O AY￿J1. TnL%tee
PAg¢ S

lttdtptndent￿￿Mj￿tr'1 Re￿rtIO tht Tru$teeJ or
Thc Parocbia] Churth Countll of the
Ectle5ia5tic41 P&ri5h of St Mith#el
Independent ex*minerf$ 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 tX*mID￿'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 P*r0etrd￿ Chllreh Countll of th¢
E¢tlesSwiral L*rish 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•t*l
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
B*l*nce 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 P*ro¢bi*l Chur¢h Councll of the
K<eJesl&sdtal Parlsh of St Micha
Yotes lo the Flngntlal Statsmtnis
for the Y¢•r End¢d 31 Dccembtr 2024
ACCOUNTING POLICIES
Bash of preparfng the ffinxnd&l 8t*tements
f￿anCIal staknii¢nts of thv charity. whith is 4 publi¢ knefir enuty Wlder FRS 102, have Ixen prtpar¢d ID a￿ordanCe
th the Charities SORP {FRS 1021'AccowntinE alld Rq)oJdD8 by Chtiritic5'. Statement of Recommen￿ Pr￿tire applicable
lo ¢htitititt prwing their accounts in a¢cordan¢e with th¢ FiDaDtial Repthting St¥JJdJr(l applicable in the UK and Republic
of Ireland IFRS Its21 (efftctivc l Jgnuary 2n19}', Finuncial Reporting StOtNlard 102 Tr Finan¢ia] Reporting StODdurd
applicable in the UK ard R¢publi¢ of IrelaT￿, alld the ch￿1¥1¢5 Aci 2011. Tr r]nAll¢l￿ siatemwts have been pwartd un
hisieti¢a] coBtconventio4 with th¢ ¢x¢¢ptioD of investrnentywhich are iJKluded atJJMrka valu¢.
Fln4nrl41 reporlillg st*lld*rd 102- reduced disclosure exemptlons
The d￿Jity ba8 tsken adv8ntsge of th¢ folitiwillg disclosure ex¢rnption ill prepBtitw these fjtwncial 5tatetneDts. Is pem?itted
by FRS 102 Th¢ Fin8Dci&I REWtiDg Statrjard applicable tn the UK and Rq)ublic of I￿1&￿￿..
the rewirements of Section 7 StsteJJThtof C45h r]ows.
Illtome
All incomc 1$ re¢wJised in Ibt Statement ol FinAncI￿ A¢iiviii&4 oncc thc ¢haTitythaTity has entidemeni tv tF£ fundx il 1$
ptobHble that the ij)com¢ will be rcceived 3ThJ the amiwjnl ¢allb¢ rrg85ur￿rClIabIy.
tnwm¢ ftDJll Bovcfntnetst aTr3 oth¢r 8faDts, wheilKr'capits]" ￿llts or'¥¢Y¢nuc" wpnts, is retwised w]Kn the eknity ha8
fxtitlemEnl to the futsjs, any ￿rforma￿t tottdttioms atiach¢4J to lh¢ grants twve b¢en md, li is PTobable that income will
beTe￿ived&Ud the aT[u)U￿t can be measuttd T¢]iably and isnol 41efartd.
For l¢ga¢ie4 ￿titI¢men1 is taken as the eajlier of th¢ dat¢ on thich eiiheT'. the charity is aware that PrOb￿c hL8 been granted.
thc csiatr has bw) fi[￿1]5￿ artd notification bHs b¢•J made by the ex￿U￿rf$I 10 th¢ T￿￿ thwl O distrit￿tIOn will be J]]a(k. OT
wtrL¢n a distribution ts receivel from the estate. Receipt of a legacy. in wholc PaT4 is only ¢etssider¢d PTobBble w4JEtk the
amount tan bc measuttd r¢li8bly and the ththty knas btcn notifiryl of the executtsls intention w mak¢ a distrAbution.
le8a¢i&% have b¢¢n notified to the ciwity, 4)r th¢ chaTity L5 awatt of the 8yamutt8 of probate, and the criteria for ill￿[￿¢
rewgnition h3Ye not bren me( ti￿lthC legacyiytThtd as a contitigeDtas8er anddiscjosed if￿￿terial.
Ex])tMdlt¥re
Liabiliti¢s aT¢ TW¥DiSEd as ¥xpenditure a5 S(M)n ￿ t1￿¢ is a legal tt cotthdive obligation £ottunitting th¢ ¢knty lo that
exputh't￿e, il is pmbabk that a transfer of Tr*ttefits Trsryll bc Tcquircd in settle[[￿ attd the aM0￿￿t olthe obligation
be m¢a£urd reliably. Expffldilure a¢£ount¢d for on aD a¢Cn￿lS basis atyd h&% Tr￿en classified utth headings ihat
a8gre8ate c05t Telated tts the ¢atcgory. Wherz co&ts c*tynoT be diTe¢tiy •ttTibut¢d to PETti¢u18r headtrw th¢y have
JloratcdtQ Octivities on a COTJsislenl Ivith the us¢ ofresourccs.
rants offff¢d 8thi￿L 10 ¢ondliN￿ which have not bEen the yearend dA* ar¢ noted os a CO￿T￿ltin￿l but aettved
T*ng5ble fixed aiiets
D¢p￿￿tiOn isprovided at the follo￿￿ng￿n￿Uaj rntes itto￿tr tOW7iteoff assdoverilsesiimaTedus¢fvl life.
ItDprov¢m¢ms to prop¢rty
Office equiptnenl
3.3tsA onco
25•AM cost
Freehold land and buildLll8$ arc an ¢xrtplion to th¢ gcneral p¥>licy attd tkn"s propcty i5 attoutt*d for ai 1998 in8w*Aee 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 Parothi*J Cknllrch CouThtil of the
Et¢lt$1*5tit*lP*rlsh of St Mlchael
HI h att
Noles io the FJNan¢i#l Stalementi-tfintinued
for the Y￿r EDded 31 De¢ember 2024
AccouNfiNG POLJCIES-
FID1nd￿ Instrumtnts
Th¢ Charity only ha$ 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 PAri*b of St Mith*el
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 St*tsments- 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 Parochi*l ChuTch Coun¢ll of the
Ecclesli$dt*JPAri5h of St MlrhAel
Note5 to tht Flnaneill Sthtèments- tom￿nUe4
fvrtht Year Ended JI De¢eD)ber 2024
Comparative net rJx)vcnMI in fithd%, irKhthdinthe a￿ve aTE follows..
It￿MIn
Mov¢m¢nt
¢xp¢nded
Uartstri¢ttd hjnds
Gerleral ffijtsd
Fixed ass¢ts regetrve
291,917
{323,0831
{7.694)
01.1561
17,694)
291,927
{330.7771
(38.850)
Clock Icggcy
witid)w fund
{2661
19,6001
1266)
19,600)
19,8661
{9,8061
291,927
1340.6431
{48,7161
This ]tpres¢nts the nel Ixw)k vahje of fixed &ssets kld by th¢ A transf¢r ftom the g¢neral fimd was tThtde to this
reserveiknJrin8tb¢yeu.
Embroidery
Thi5 is 8 resuictd resttverec¢iv¢dAS a iewy specif]cally forth¢ upkeep&K1 rnainterw￿e of th¢ rbuTthembroidery.
Clock Lyey
This i5 a restrirL¢d ￿￿Ved ￿ a legacy so]ely for bjllllr urthttD¥ and T*fi]thisbing of th¢ thuTth clock in th¢ church
mernorI￿ Garden Fottd
This is a rtstricied reseJv¢ for donations rc£eived specifically for the upkeep and rnèitt*nan¢e of the men)OTial 8STdffl in th¢
till￿ch grrt￿8.
HOPE Wlndffi
Thi8 is a r¢stricied for donatiODS re￿Ived specifically f￿ conlnl>ution$ 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