RECJSTERED CHARJTY NUMBER.. J 130913 Peicr Upton Bridge Hous¢ 2 Bridge Avenue Maidenh¢ad B¢rkshire SL6 IRR
The Parothi I Chur Ecclesistl al Pxri ouneil of St Micha f th forth Y er 202 PR8e Report of the TTUJteoi IndeptidtTht Eximiner's R•port Stai¢mefjt of Fln••¢l•l Aetlvlt B•litt Sheet Notes to the FSnhtll St•t¢ments 9 to 16
The Par ¢hi Church Countil of cltsi4sticil PAri hof t Michatl rt of the Trust t5 for the Y arEnded3l D em r20 Th¢ iwsiees present Iheir report wilh the r)nan¢) statements of the chariry for the year ende4131 De¢¢mber 2023. The trusiee5 hRVC adopted the provisions uf ihe 8thiem¢nt of Recommvnded Pr&cii¢e ISORPI 'Accouniin8 and k¢wrtin8 by Churities. %tsiement of Recommrnded Prattice applicable lo ch8rities preparing their accounts in accordpnce with the FinaThCl RepDnin8 Sthndwds &pplicable in the UK and Republic ofIreland IFRS 102} Effective l January 20191. 0ECT[VEs AND AcfiviTIES Objeeiives ilm5 The m8in charitable purpose of the PCC is the advthneement of religion. Slgnifjcant 4ctlvities St Mich&el's otTers a r8nge of scrvi¢e5 from the forniAI traditional lo less formal cotttemporary fornis of worship. We provtd¢ Christian ¢e&chin8 for ajl agcs with Sunday s¢hool provision for children w the 2 mwn Sunday 5er¥ices. Wc have Messy Chur¢h , ai famili&8. regulw meetings forour youth m¢mb¢rs. Gr*tytm•b41ng The PCC 5UPPOrts a number of oiher ¢h8riii¢s by loC8¢1ng a prowrtion of the Chur¢h's income and the wholc of the Christma% Elsicr and other 5pe¢ified offcrings. Voluntcer$ Si Michael's relies on Ihe gen¢rous suptx)rt of volunieers. mY of whvm ar¢ li51ed in this report. Apart from lh¢ Stip¢ndiary CleT&V. who arc pllid by the Diocese, chorister& rnusician& the parish administsur and youth worker are paid for thcir services by Si Mich8¢1's dIrely. In addition, one part timE Clergy is sclf-$uptMTrning. Publlc Btnellt In addition to the pry)vision of reli8lous s¢rvic¢s p&Moral support the church is open for and hosts a¢tivities for thc wider community.'I'he PCC believe thai ¢urreni Iwww.8ov.ukl8uidanttlcharily-purpos¢>and.rul¢s1. livilies lirje with the Chllriiy Commission guideline Page I
Th Parochial Churth C ia5tic&l Parish of ncil of th ith of the Tr h Year En ees for 31D ber 20 ACHIEVEMENTS AND PERFORMANCE Chlritable activlt1¢5 h•tt A six.yearly revision of th¢ ChuTch of England Ele¢iornl Roll requires every pwish io ptcpare a completrly new roll. replacing Ihe old one cniirely. Unlike llnn revisions where t)am¢5 arc simply urxlat¢d, & new roll Is ¢r¢at¢d. meaning pr¢vious mcmbership does noi ¢ary Over. Every [SOn mu re-apply for inclusion. This six"ye4rly revision done in 2025 and il wos the fir such Tevision 5inc¢ the COVID pandemic. Thc numb¢r on 2024 Toll prior to the revision.. 257 The final numbcr on th¢ 2025 roll.. 167 This repres¢nts U 5ignifi¢tht drop from the 2024 roll. Whil¢ 50rne declin¢ is exp¢eted durin8 full roll renewo15. It's dilcUlt 10 know how much of the drop c8n b¢ attributd to the pRndemic which caused somc redu¢tion in ehurch aii¢nd&nce in parish¢$ acro the country. W< neverth¢less Tttognis¢ this an opportunty io refle£1 and imprnve on how we encourngc people lo complete el¢¢tOTal rnll fomis. Communication cffons this ycar includtyj.. - Notices in the church new51ctter . Two individual tlOlice5 sent via Churth Suite. . Application fom)s mad¢ available in ch. In prepwation for n¢xt year, wc aim to m&ke th¢ process mole cessIble and reach & wider portion of the ¢on8Te8aiion by.. In¢roducin8 an onlin¢ 5ign-up forni, continuing to provide paper forms in Church Ind pr04c¢lvcly engaging new thd existing members who hav¢ yet joiThed the roll. The year b¢gAn with a welcom¢ 10 Simon Peter the ¢hurr.h'5 n¢w childr¢o's and youth worker. Simon Pcler who laid out number of initiatives 10 rncmbers ¢onccrnin8 hi5 aspirnlions for his ministry. Str¢n8thenin8 the 5UPPOrt for children and youn8 people bern a long term goal for Si Michael's and it h¥ ber.n Aiv¢n N 518nifi¢ani by bringing Simon Per,3 skill% and professionalism inw th¢ church'B lif¢. FlY (m. too. we had extr¢mcly sophisiic&lcd audiowvisual eqtsipment in5ts11cd evly in Ihe y¢Ar- an innovaiion which kn5 made a grelli (kal of dirfcrence 10 some ofour s¢rvicc5 as well non-service ori¢n¢cd cvents such w¢ddin8s and baptism5. An on8Oln8 conc¢m throu8tLOUt the ycar WAS the issue of how we should hc&t the ¢hurch ontt thc boilcr5 hud broken down irTep8rnbly in the early winter month5. Long and complicated ne80¢illtions war condu¢ied with the D20¢¢se on the matier wilh nol all the problems a&8ocialed with it king fijll TC501ved as we tnove deep¢r in¢0 2026. mnWhIle many events had to be c8n¢ellcd Bnd Some m¢mbBT5 of the ¢ongre8ation feeling themselve5 unable to attend services even when some were tT&n5ferr¢d lo our %par&iely And therefore w8mLcr, church hatl. As well a5 thi4 long standing uncertainti¢s eoncen)in8 ihe flèt bcneaih the vicarngc in Th¢ Grove re fJn8Jly re501ved. There N150 a continuing concern over the ¢ompletion of c¢rt&in chUh accou1 wljich have now ixcn resolved. Through the courn¢ of the ye•r trnining w&s offered to, and a¢¢epted by. all rnembets of the PCC as rc8ards fire precaution5 safeguarding. All members of thc Council have by now complcied stagcs l and 2 of the dioces8n online training Course. and many members of the chureh Council slaff well os con8reg&Rts re5pon$iblc for h(plding mtrting5 in ihe church 4150 attendcd fire fcty training 5e5sions. F¢bruary saw the bcginning of Emrna J•nka'5 employment &8 the parish administralor, a role she h&8 Tapidly and successf]ly'Mlldc her own.. Meanwhile the two regul8r artnual te&s for older members - rawberry in spring ar har¥esi in atjiumn - carried on &8 successfully a5 they haw¢ over the p8St Tnany ye4rs. This yelr followed last in having church rnemb¢rs perform short acts or reeiie humorous lin¢s. Attcndanc¢ remains high, attendecs remain apprectative. Pl¢ 2
Tht Paro¢hil urch Ectlt5ia5ticl Prish of ncil of t Mich rtofth for the Year ru5tets ded31 ecember 02 Du¢ to a sudden drop in numbers registered to the church electornl roll il w&$ de¢d to8iv¢ great publi¢ity to the next lime rtumbcrs were thkcn, and to enh8nce the online capacity for regisir81ion. The drop w&8 5UtTicient 10 impact the numbcr of PCC member5 we shuuld elecu nor affect Its quoracy 10t5. By June it had be¢ornc clear that cethn ingre&ses of water on thc north w011 had caused dnage 10 the or8an. It is not j¢opardisinR the use of the organ fot pcrfonn8ntt pwpos¢& ttnd neRoti10ns with our insurer5 arc still oceeding. A funher continuing i55ue rcmain5 the ¢hurch spire what Steps need 10 b¢ to raise the funds n¢¢¢55uy for cnsurin8 its safety. PAft of the dis¢u55ion c¢ntrin8 on this issue involved the fundT8iSing rolc and A¢tivity of th¢ Coleridgc TrusL di5CU5sions which are ongoing. Forly discussions aboui mounting a faTTners' market in the forecourt on some SatUTday mornings fAllY, so far, ve not born frui though th¢ idca won geTheraJ approv and has not fInlY collapsed. Over1 the chur¢h Maintain a h¢thY finan¢iAI posititsn.. was able to coniribu¢e fvll ducs &8 far the Cominon Fund is conLem¢d. and w85 Able, through dedicated collection5 ai ELstcr and Chri51m&8. 10 maintain ¢ommirmenis to ll number orChl(l¢s. OUT Mission ParthLrs- despitL' wider pr¢ssures on finance. ou1ch work with children armi the local communiiy sustained by a rtgulgr and 4ysiemaiic rclaiionship with St Michael's School,. by %ummer barbecue d8y5 and lai¢ winler PBn¢ake Pty; Chri51in81¢ days. A speci81 re8ard paid io our unpaid volunieers and there a growing inieresi in. desirf for, additional wd cleri1 io help with increa8inBly Iniens¢ workload thai the church a whole take$ oth. FINANCIAL REVIEW Financiil rtvitw The incomc of £405k for thc year was siBnifi¢an(ly hi8h¢r thlln (ha¢ of the prior yew with a 18% incre. This du¢ & fcw factors, the major one b¢ing duc to ISC sundry donathon. SithdiTh8 orders were up this time by £4k. Totol expenses for lh¢ year art £46k hi8h¢r than prior yellr. this was in part due to th¢ youth WOTker and maintenan¢e On the ¢hurch spcnd up £7k. Th¢ m&jorilv ofother cos¢s were similar 10 2024. Even with the increase irb income and incr¢a% in expenditure, there is Jiill & modeM surplus of£54k whi¢h m¢ani res¢rve$ hav¢ incre&s¢d. PrlntipAI ftsodin8 Jourcti Donaiion% Ire¥ulurly or¢u1n gnd one-otysl and rel& Gift Aid claims comprise Jboul 76% of st Michaels funding. Hall lellings and Ihi Iciiin¥ of a lo¢al hou% owned hy the church I'Th¢ Curalc's Hou5c'I make up anothcr 14% of overall funding. IThis 15 5UPPQrt¢d by olher income such as fundraising Dnd l¢8Acie5. Invt$¢mtnt policy And obJectlv¢$ Ch r¢seT¥es ve held on dwsii Rl the bank a¢ th level deemed sufficient for rcgular operAtions. SuTpIus ¢1 is held in a Church or Egland dcposit fund with thr charity fund m&nager5 CCLA. AIthou8h intsr¢s¢ rnte5 u¢ low. the PCC wish to kccp Tr¥¢S liquid and held with minimum risk, so the l¢)w return is acGept&bl¢. Reserves pollcy We do nul haC a forrnal policyy but we do have an inforni&l pra¢ticc of keeping thr¢e moThths' worth of regular operntin8 ¢xpenscs 1£80.(KKJI in reseryc. We also uim io pui &Eide each ye&r a 8i7eable amount for fuiure mwor work Ihai will be rcquired io keep S¢ Mich1 5 chuT¢h in a 8ood State of repair. 'fhe laiter prncli¢e 15 now a 8re&ter ¢Entre of focus 8iv¢n the ne•1 to con¥id¢r high l¢v¢l stonework on the church roof and s¢e¢ple. FUTURE PLANS The PLC inicnd to continue activity nornial, whil¢ settin8 aside r¢s¢rycs io build up thc refurbishment fund for the quinqu¢nnial view. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document As pgrt uf the Church of ED8land the PCC has iwo Approv¢d Governing Do¢uments.' (I I thc P•Jochi&l Church Councils (Powers) Measure 1956 os amendcd., and 121 the Church R¢prcsent&lion Rules (¢ontaincd in Schedule 3 to the Synodical Government Mwure 1969 as ended}. ThE5e are both Church of England Mwure5. Recruitment #nd appointm¢ryt of new truBtt¢s The method uf appuintmeni of pcc Memb¢ is $¢1 Oul in thc Church Repre5entstion Rule5. All m¢Tnbers of the congregaiion encouraged iu r¢giller on thc Elecior& Koll and io Sthnd for election to the PCC. Page 3
TheP rochial istitg1 P hurch C rish of eil ofth ichael eTru rEa 20 STRUCTURL GOVERNANCE AND MANAGEMENT Org•nlsath)h•l stru¢tyre PCC members. who have, except where otherwise Stated served from 151 Janllary 2024 to the d¢ of this r¢poo are.. Incumbeni Thc Rev. OIBkunle Aythji- CThairnihn Assistant Cl¢rgy The Rev. Howud Rogers Churchwardens Mr Simon Owen Ms. Hanaan Marnv• Reprc5cntaliv¢s on the De4n¢ry Synrmi Mr Andrew Clode (PCC se¢rwi Mr5 Julia Rigby Mr Nick SBnderson Electcd Members MT Sirnon Ow¢n Mr MTchael Powell Dr Karen S¢nn¢tt Ms Han MaThvah Mr Pei¢r Chen ITro8urerl Mr William PcTkins MrNick Martin Mr r)anny Lee Mr Al¢x Ollier Mrs Lis& BTadin8 Induttlon Ind trlnln8 oftstw tru$t¢¢g New irye¢S are given gn ornj wel¢om¢ and intrTrJuc¢lon from th¢ Vicar and Se¢ret•ry. ¢ov¢ring trus¢ec duties. Copie5 of relevan¢ duMenlOn ue also provlded. Wlder network The PCC mainthins strong links with its Mission Partners. Rel*ted p•rtl¢$ Dr Karen Sennett is & trustee of Kirima Limiied. & charity which the PCC 5UPPOrts. She does not receive r¢muneraiion for Ihis rijlc. REFERENCE AND ADMINISTRATJVE DETAILS Re¥lstere4J ChArlty number Prill¢ipAI addre99 South Grov¢ Highgaie LON'DON N6 6BJ Page 4
he Parochial hurch cclesi tIC81 P*rish of ouThcil ofthe ithA ort f the Trv5tees f r the Y¢ar Eode 31De embtr 2025 Trust¢e5 Mr M UcGi¢goT (resigned 19.5.25) Rev JH Rvg¢rs Mr N Sanderson Rev O Ayodeji Mr S Owen Mrs J Rigby Dr K Sennett Mrs L Bradin8 Mr A Ollier Ms14 Marwah Mr M Powell Mr A Clryje P Chen W Perkins MT N Martin MrDLee The Parochi Church Council of the Eccl¢si&%1icaJ Parish of Si Michael Highgate becaine a Chuity registered with the Charity Commission on 3rd August 2009 with member5 of the PCC b¢coming Trusiees of the Chwity. llldepetydent Examintr N&ha Ca55idy Peter Uplon Bridge House 2 Bridge Avenue Maidenhead BeTk5hire SL6 IKR The Churth St. Michael's Church is Silliat in South Grove. Highgaie, London N6 6BJ. It is in the Fdm¢)nton Area of thc Die5C of London wiihin Ihe Church of England. Its address for COTresponden£¢ is South Grov¢, London N6 6BJ. AppToved by order of the board of truM¢e5 On.... .. 2026 . 8nd signed on its behajf by.. RevOAy eji- te¢ Pa8¢ 5
Indt ent Ex er'$ R to thè The P hial Ch rch Cou lof the Ettlesi5ticHI Parish f St Mlth el rust IndeptttdeTht exambltr's report to the trwsttts of The Pro¢hial Church Cottnf il of the Ettl¢$i#stiel Parish of St MithÈl High8tt I report to the charity trustees M my examination of the accounts of The Parochial Church Council of the Ee¢1¢5iastic4J Parish of St Michael Hi8hgate (the Trust) for the y¢w ended 31 Decemb¢r 2025. R¢$pon5ibtlitles Ind bas1$ of report As the charity Iru5tees of the Trust you are resp)nsible for ihe preparntion of the accounts in ac¢ordance with the requirement5 olthe Charitie5 A 2011 ('thc ACV). I rrpon in reswt of my ¢X4Tnitaation of the Trust'$ accounts carried out under S¢¢tion 145 of the Art and in carrying oui my ex¥Jninaiioll I have followed ajl appli¢ablc Di110$ givLm by the Charity Commission under Section 14515llb) <>f the Act. Indtptttd¢nt exArnlner'$ 5tatemen¢ Since your eh8rity's gross income exCded £250.(KM) your ¢x•rniner must be a meTnber of & listed body. I can ¢ollfJrni that I om qualified io und¢rtAke the exwnination l am & tnember of the Associotion of Chthered Certified Acrountsnts. which 15 one of the li51ed tmxlies. I h8ve Complt my examin10n. I confirn) that no maorid matters have come to Tlly attention in conn¢£tioTh with the &xa[nInIOft giving tne use io b¢li¢ve that in ony mat¢ria] rcspcct.. a¢counting Tccords were not kepi in Tp2th of th¢ Trust &8 required by Section 130 ofthe Aci. or the accounts do t accord with thosc records. or th¢ accouThL8 do not comply with the appli¢able rquirem¢Dts cont18 the form and ¢ontcnt of a¢counts set out in the Charities (Aeeounts and Rep)rts) Re8ulation5 2008 h¢T than any r¢quiremen¢ that the accounts give a m1¢ and fair view which is Thol a matt¢reonsidered as part of an independent ¢X9Jnination. I hav¢ no ¢oncerns and have I¢ across other motteT5 in conn¢¢tion with the examination to which attention thould be drawn llj this rewrt in ord¢T to ¢nable a proper erstandIng f>f the aecounts to IK r¢ach<l. Natysha cLdY Petrr Upion Bridge Hous¢ 2 Bridge AVe mdenheo Bed(shire SL6 IRR Date.. Page 6
he Paroth. I Church ncil of the Eceltsiastical Parish f St Michatl Statement of FittAhci#I Activitlts for the Ye r Ended 31 D ember 202 31.12.25 Tots] funds 31.12.24 Tots] Unrestricted funds RestriLt¢d funds Notes Ir4COME AND ENDOWMENTS FROM Donations and leg&ci 307,725 307.725 26),861 Other trading activities Investment income 58,601 58.601 2fi754 55.933 Tot&1 405 298 343 548 EXPEYDITURE ON Charii*ble 8ctiviutS Church work 351485 351485 305 474 NET INCOME 53.813 53,813 38,074 RECONCILIATION OF FUNDS Tothl fund5 brought fonvard 635.153 13,630 64&783 610.709 TOTAL FUNDS CARRIED FORWARD 70 CONTINUINC OPERATIONS All income and expenditure has ari5cn from wntinuinÈ ¥¢ivities. The note5 form part of these fing¢1 statemeots Page 7
The Par ehiAI Cb Ettlesiistil P Cotsn hofst of the ich8el Balan 31 ber 202 31.12.25 Toia] funds 31.12.24 Toial funds Unrestricied funds Re5tricied funds Notes FIXED ASSETS Tangiblc &sse 12 428.910 428.910 401 J48 CURRENT ASSETS Debtors C&%h ai bank 262.285 262.285 87,461 170,791 304.959 13.630 318,589 258.252 CREDrroRS Amounts f118 due within on¢ year 14 (44.W3) 144.9031 110.8171 NET CURRENT ASSETS 260 056 247 435 TOTAL A&SETS LESS CURRENT LIABILITIES 688.%6 13.63Q 702.596 648,783 NET ASSETS 68 702 596 64 FUNDS un¢led funds R¢Mricied funds 15 688,%6 635,153 13,630 TOTAL FUNDS 702 596 648.783 The financial stat¢ments wcrc approved by the Board of TW$t5 and auihoriwj for issue on............................................. and were signed on its behAlf by M5 H Manvah. Trustee The note5 form pjrt of these finaneial statements Page 8
he Psrochial Church Ecclesiasti I Parish of Trcil of th t Mif hAtI Notes to th Financial S the Year Ended 31 D emtnts er20 ACCOUNTING POLJCIES Basis of preparing the finanrial ststetM¢nts The financial statements of the charity, which is a public benefit ¢l)tity under FRS 102. have been prq)ared in a¢¢OTdance with the Charities SORP IFRS 1021'kncounling and R¢porting by Ch4ritie5.' steM¢t ofRccommended Practice 8pplicable io charitie5 preparing their accounLS its cordance with the Finat)c1 Reportin8 Stsndard arvlicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191,, Financial RepTrrting Standard 102 Th¢ Financial Reporting StandgJd applicabl¢ in the UK and Republic of Ireland, and the Charities Act 2011. Th¢ fjnanciaj Statements have been prepared under the hisiorital rost con¥eniion. with the exc¢ption ofinvestments which ar¢ included at m8Tkffl valu¢. Financill reporting SLand#rd I02- rtdu¢Ed dise105urt ¢xtmptions Th¢ charity taken advantogc of the following disclosure ¢x¢mption in preparing thes¢ fin0cial stskm¢n15, &s pcrmitt by FRS 102 Th¢ Fin¢1 ReEx>rting Standard applicable in the UK and Republic of Ir¢land': the requirements of Section 7 Stst¢m¢nt of C&%h Flow5. Income AII i¢QTne is recogniscd in the Stat¢m¢Trt of Finort¢i Activities onG¢ the charity h&$ entit]¢meni to the funds. it is probable thai (he incom¢ will b¢ r¢c¢ived and the atnount c8n be TtLe&8ured reliibly. Incorne from government and other gr8rtts, wh¢iher"capitai grdnts or"r¢venue" grants 15 reCo)iSed wh¢n the charity h•$ eniiilement to the fund4 any perforniance conditions attsched io the 8r8tits have been meL it is probabl¢ that the incom¢ 11 be received and the amount can be mwured r¢liably and is noi deferred. For legacie5. entitlement is taken as the carlier ofthe date on which either.. the ¢harity is avdre that probak h8S tten grantr¢L tht estaie has been finalised and notification h8$ been made by the executerfsl to the Trust that a disiribulivn will b¢ made. or when a distribulion is received from the estaie. keceipi of a l¢gacy, in whole or in pa is ortly Consider probable when the amount can bc mSUred reliably and the charity has been notified of the executotrs iniention to make a dis¢Tibuiion. Where Itgacie5 have bccn nolifi¢d to the chariiy. or Ehe rharity Is aware of the gr8nting of probate. the criteria for income Tecognilion have noi been tn¢L ihen the l¢gacy is treated a5 a coniin8ent 5¢t and dl5Glod if ma*Ti8J. Expendithre Liabilities are recogniged a5 eXditUre a5 500n w there 15 a Itgal or wnstructive obligation committing the charity to thai ¢xpendiiuff, it 15 probable that a trsfer of economi¢ b¢nefJts will be required in s¢ttleTnent and the amouni of the obligation can be Jn¢asured teliably. ExpendithTe is oUnted for on an accruals b&sis atKi h&8 been classified under headings that aggrtgate all colt related 10 the category. Where costs ¢artnol be dire¢tJy att[]bed to particular headings they have ken allocaied io a¢tivit1¢5 on a basi5 consist¢nt with the us¢ of resources. Granis offeTed 5ubje¢t to conditions which have not bcen met ot the year end date are noted a commitm¢nt but noi accrned as expenditur¢. Tangible fixed As$ets D¢pre£iaiion is provided ai the following annual rates in order to writc off ¢a¢h asser over its¢5timated useful life. Irllprovem¢n15 to property Office equipn)¢nt 3.3% on c05t 25Yd on c05[ Fr¢thold land and buildings are an exeepiion to the general policy and thi5 property is accountrd for at 1998 llJsurnnc¢ valu with the surplus being takeTh to th¢ geTherai r¢seTVe. Investmcnts in list¢d Shares ar¢ 5tatcd at market value. Tax8tio The charity is exempi frorn on its Charithble activities. Fund accounting Unresiricied funds can bc used IJJ a¢cordan¢¢ with the chaTitsblc objertiv¢s a( th¢ discretion of th¢ trusie¢s. Restrict¢d funds can only be used for part&cular re5rricted puryx>5cs within the objecLS tsf the charity. Restiiction5 vJise when specified by Ihe donor OT when hjnds are raised for particul restrtcied PUTposes. FuntrLer expl¥all0n of the natur¢ pLr¥M)se of each fund is included in the ootes io th¢ financi srAternents. Pag¢ 9 cothtinued...
Th¢ Pirothihl Churth C 5185tit*l P rish of Micha otes to th Finantl I Stateme for tb sr End l Dttt contih r202 ACCOUNTING POLICILS- to#tinutd Fingnciil in5trim¢rbts Th¢ Charity only ha5 financial &ts and liabilities of a kind that qU8]ify bl¢ financi i1ments. which are irtitialty rognised at tr8nsa¢tion value and subsequ¢Trtly m¢Asured at their s¢ttl•nent value. DONATIONS AND LEGACIES 31.12.25 31.12.24 Donations Gifi aid t&x recov¢r¢d 316,161 238,689 307 725 260 861 Donations receiv, included in th¢ above. are follows.. 31.12.25 31.12.24 Donation5 by st•nding order Ortn plai¢ service collections Sundry donations 66J08 20.803 229.050 61.935 13,923 162.831 238.689 OTHER TK4DING ACTIVITIES 31.12.25 31.12.24 Futthising Church hall lettitsgs Fees 282 25,234 56,856 INVESTMENT INCOME 31.12.2S 31.12.24 Rents Tec¢iv Itrte¥est receivablc 34.952 47,880 OS3 55.933 CHARITABLE ACTIVITIES COSTS funding of activilies (see no 71 Direci Costs {see note 6} suort costs {s¢e note 81 Tots15 Church work 234261 351.485 Page 10 conltnued...
Th arotbi Etclesiastit I Churth Countil the I Parish St Mith el Notes the Flthllnciil StAte rthty rEttd 31 Dtt eDts-c ber 202 tinued DJREcf COSTS OF CHARITABLE ACTJVITIES 31.12.25 31.12.24 Staff c0515 Coniribuiion to the Dio¢t5an Common Fund Church services and mu51C Cl¢r8y expenses Clergy h¢)u5e Church ruRning expens¢5 Church maintenance G. waier and electh 66.726 99.980 2,798 2,178 650 20207 29.6(M) 41.459 120,880 4,776 ,322 23.264 22,240 234 261 GRANTS PA YABLE 31.12.25 31.12.24 Church work Th¢ total grants paid lu institutions during the year w&$ a5 follows.. XLP C4WS CAtus 31.12.25 2,773 2.773 31.12.24 2,290 2,290 2,289 2,290 2,290 iO,O(K> Kirim2 Limiied zimbabwe Viciim5 Fund Highgaie New Town Stay and Play HNCF Food Bank Aid London Chur¢hes Refugee Fund Open Doors The Childrni's Society 2.772 2.772 30,IM) 1,766 1,476 1,476 5(K) SUPPORT COSTS Govemance 5ts Management Finance Totals Church WQTk 1,870 Pa8e 11 contitiu¢d...
The PAr Eecltsll Church Coun Parish of St Ml Tr4otes to tht Fl I Statemen ror th Y r Ended 31 Decem SUPPORT COSTS- tInUed Support COSL% in¢jUd in th¢ aFTrve. art os follow5.' 31.12.25 Church work 31.12.24 Total CliYitie5 Wages Printin& stationery, ielephone and internei Depreciation of thngible and hltage BaThk ch8rge$ Jndependent¢xwnination 41,405 7.813 20,394 1.200 34,591 6.226 9,028 248 TRUSTELS, REMUNERATION AND BENEFITS Th¢TC were no tru5tee5' remuner8ts0rt or other benefits for th¢ year ended 31 De¢onbeT 2025 nor foT the year end 31 December 2024. 10. STAFF COSTS Staff included in the •bovG arc &s follows.. 31.12.25 31.12.24 Direct charitable expeThdithJr¢ Youth worker Organists and choir Support C051s Parish thiThi5tralor(Kty mathwentl Caretsker 34,395 31331 12.077 29J82 32,525 &880 34,591 108,131 7A050 VolunLe¢rs pl8y an imp)rtsnt role in llll &spects of the lif¢ and work of the Church. They prticipate in the le&dership of worship by introducin& r¢JiDg and leadirbg prdy¢f5, singing and pliying inStMents. They Ère involved in or8anistttional and administrative mles plnning 4nd organisin8 activiiits and rotas, welcorning and provide inforniation for memben and visiiors. Volunieers prepare and serve rtfreshments after serviccs and at church and community events. Singers and mu51cian5 give recitsls. (hhers iea¢h and orgqni5e CTatt and other activities for Children. The flowers and other decorations are arranged by and thc fabTtc ¢4red for, bring scwffj laundered and rep8ir¢d. by volunteers. Volun¢teT5 participate in p&%lordl care, which in¢lud¢s visiting tlLOSC who ill or housebound or in care homes. ii. COMPARATIVES FOR THE STATEMENT OF FANCIAL ACTIVITIES Unrtstri¢i1 funds Restricted funds Total fund5 INCOME AND ENDOWMENTS FROM Donations and legacie5 259,P)6 1.065 260,861 (hher ir&din8 a¢¢iviii¢s Investment irt¢otn¢ 26.754 26,754 Totsl 342 483 EXPENDITURE ON Charit8ble aetivitie Church work 305.474 Pag.e 12
The Parochial Chur Eccltsi tical Pari b Countil of h St Miehgel tes to th Finan¢ig1 St*t ments- ctsntin for the Year Ended 31 Decembtr 202 COMPARA TIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES- colltinutd UnJr5tricted fur Restricted funds Totsl fund5 NET INCOMEIIEXP8NDITUREI 65,094 127,0201 38,074 RECONCILIATION OF FUNDS Total fund5 brought forWd 570.059 40.630 610,709 TOTAL FUNDS CARJiIED FORWARD 12. TANGIBLE FIXED ASSETS ImpTov¢mentS Freehold property Offi¢¢ ¢quipm¢nt property Totsls COST Ai l J8nuary 2025 Addilion5 182.464 248.300 50,918 481,682 Ai 31 Dettmber 2025 182464 248 300 DEPRECIATION Ai l January 2025 Charge for year 29,486 50.848 80,334 Al 31 December 2025 NET BOOK VALUE Al 31 Dccember 2025 209 295 42 At 31 D¢cember 2024 182,4(A 21 70 401348 Freehold ld and buildinBS COtnpri5e the ¢urate'5 hous2 at 17 Bisham Garden& which is staod at 1998 Énsured value. This buslding is registered under the LAbndon Dieces¢ for the benefji of the Parochi Churdj Council of St imichael High8a¢e. Prop¢rty improvements depreciation began in S¢ptember 2020, which És the fJtsL full month followin8 th¢ pra1¢ completion of the work5. 13. DEBTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 31.12.25 31.12.24 Other debtors Gift Aid Prepaytnenls and accrued itlcome 9,418 77,867 1,158 86,303 262.285 Page 13 ontinued...
Tht PJrDchi*l Chur h Council Df th Ectltsi tical Parish f t Micha ate e5 to the Fin orthty ill St8tetLe 31 Dect - eontin 2025 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.12.25 31.12.24 Other creditors Accrued exp¢n 8,799 36.104 8,027 15. MOVEMEP4T IN FiJNDS Net movernent in fund5 Transfers beNeen funds At 1.1.25 Ufiresirl¢t¢d funds General futLd Fixe41 &ets res¢rv¢ 293,940 341.213 74,2Q7 20.394) 1108.0911 108,092 2fAJ.056 428,910 633,153 53,813 Restrl¢ted funds ETnbroidery leg Clock legacy Memorial 8den fund Hop¢ window fund 688,gW 1,018 11,483 64 1.065 11,483 13.630 TOTAL FUNDS 702 596 movement in fithds includcd in the above art as foll(>w5- Incomin8 Ye)UTC¢S R¢souTees expertd¢d Movement in funds Unrestricted funds Generdl fund Fixd Sets reserve 405,298 1331,091) 74,207 20,3941 405 298 351485 TOTAL FUNDS 405 298 351.4851 P&ge 14 coniinued...
e PArothi•l Church ouncil of the Ectlesistical Parish Of SI Michael Notes to the Firi&JitiAI St4temeDts. or the year Ended 31 DEcember 202 nued 15. MOI'EMENT IN FUNDS- continued Comparatives for movement in funds Ntl movement in funds At 31.12.24 At 1.1.24 Unre5¢ricted fuhds Gentral fund Fixed Sets r¢serv¢ 219.818 350241 74,122 293,940 341213 Resiri¢ted fund$ Embroidery legaey c1k legacy Metnorial garden fund Hope window fund 570.059 65,094 635,153 1,018 11,483 1.018 1.065 TOTAL FUNDS 648,783 Comparaii¥e net mov¢m¢nt in fund5. included in the above are a5 follows.. Incomin8 resour¢¢s Resourtes expend¢d Movement itt fund5 Unre$tri¢ted funds General fund Fixed &ssets r¢5er%'e 3414BJ {268.3611 74,122 Reslricttd funds Hopt window fund 342,483 1277.389} 65,094 1.065 {28,0851 {27.0201 TOTAL FUNDS 305 474) Fixed A55et Rtstrve This reprcscnis the net book va]u¢ of fixed &ssets held by the Church. A trth5fer from thc genera] futNJ wa5 made to this reserve during Ihe ye. Embroidery L1¢Y This 15 a iestriaed r¢serv¢ received &% a legw $pxific4lly foT the upkeep and mainten91 of the thur¢h embroidery. Clock Le2a¢y This is a r¢5tricted reservc receiv &s a le8&cy solely for future updwing and reftsrbistling of the church clo¢k in the ChUh lower. Memorial Gard¢o Fund Ihis is a Icsiricied res¢rve for donations received specifically for the upkeep aThJ mainn8n¢e of ihe rneTnorial garden in the churih grounds. Hope Window Fund This i.E a rcstiicted fund for donations received specifically for contributions lo the rnemorial siained.glass window was placed over the doorway that leads to the hall. The window h&% been cornplet and approvtyL and instsiltyj. Pa8r 15 ontinucd...
The Paro Ectlesi* I Churth PAri uncil of h to the Fi ci%1 StstemtDts- eon for the Year E ded 31 er20 16. RELATED PARTY DISCIL)SURLS Durin8 the y¢ar donatiot)s totallin8 q77212024. £2,290) were paid to Kinma Limite a chwity of which Dr Ken Stnn¢tt No TnLStees r¢c¢ived 8ny remuneralion during the y¢aT. Page 16