Annual Report and Statement of Financial Activities of the Parochial Church Council St Michael and All Angels Church, Galleywood for the yèar ended 31st Docembor 2022 Rev. Davhj Cattbe Charity Registran Numt)er 1132183 Irmlependenl Ex8miner'. Independent Exarniners Ltd Unrt2 Tho Broadfield Business Centr Delling Lane Bosh8m West Sussex P018 8NF Page l of 19
ST MICHAEL AND ALL ANGELS CHURCH. GALLEYWOOD CONTENTS Page 3 Legal and Admini5tratNe Information P8gè4to8 Review of the Yoar Page 9 IrKlepend&nl Examiner's Report on the Actsts Pag8 10 stanI of Financial *LtNitss Page 11 Balance Sheet Pages 12to 19 Notes to the Fin8noal Statgnwnts Page 2 of 19
ST PAICHAEL AND ALLANGELS CHURCH. GALLEYWOOD LEGAL AND ADMINISTRATIVE INFORMATION PAROCHIAL NAME THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL, GALLEYWOOO COMMON Ms Sug Mo1(*lfe PCC Secrelary cjo The Vicarage, 450 BèehNe Lano. Galle, Chelmsfcffd. Essex, CM2 8RN CORRESPONDENCE ADDRESS PCC MEMBERS OF THE CHURCH INCUMBENT Rev. Dad Cotue ASSISTANT PRIESTS Rev. Stophanie Gillinghgm CHURCHWARDENS Mr Gavin Adlkngton Mrs Anne Pepp8r DEPUTY CHURCHWARDENS Mr John Robgrtson Mr Paul Wehren DEANERY SYNOD Ms Sue Melcaifè {PCC Secretary) Ms Beryl Moss ELECTED MEMBERS Mrs Clare Broom8 (Lay Vio Chair) Mrs Jandiq Coates Mrs Janè Dougan Mr Travers Harpur Mf Richard Hyland Mrs Jacqueline Sigoumay MS Stephanie Troop Mr mhal Tuther Mr P8uI Wehren MT Geoff Windus CHARITY NUMBER 1132183 OBJECTS PronKJling in the 8cclgsiastl parish the whole mission of the Church. PRIMARY BANKERS Barclays Bank pl¢ 2 HKJh Street. Chelmsford EwxCM1 1BG INDEPENDENT EXAMINER Kim Gomes MAAT Independent Exam1rS Ltd. Unit 2. The Broadfield Business Centre Delling L8n8, Bosham. Wast Sussex, P018 8NF Page 3 of 19
ST MICHAEL AND ALL ANGELS CHURCH, GALLEYWOOD REVIEW OF THE YEAR FOR THE YEAR ENDED 31st DECEIABER 2022 St Michael's Parochial Church Council IPCCI has the responsibility ol cooperatsng the Incumbent, the Reverend Dawd Catt, in promoting in Ihs e¢dtssiasb"¢al parish, th8 whole mission of the Church, pastoral, vangalistic, soiial and ecumeni1. The PCC is also Specifical re5pJnsible for the mainlenance of the church lIdIng and grounds. vwnanco and rnana nt The method ol 8ppoinlmenl of PCC membets 18 sel OLrt in th6 Churca) Re9nt8"0n Rul&s, All church attendees are encouraged to register on the Elecioral Roll and stand for election to the PCC. During 2022. th6 PCC met five timès, In addition to 8 shorl PCC meeting imrnedialety following the Annual Parochi81 Church Meetlng. Folh)wkng the 68&'ng of the Co¥Kl9 pandemic. PCC meetings happened in person rather than via Zoom. Th8 PCC d8d(led Ulal the Standing Committ88 wjId not hav8 regular meetings. but would moet as and when needod, undar th8 diroction ol thé Churchwardgns. The StarKlirvJ Commiltg9 IwLce during 2022. The Stsnding Committee compromises the and ChUrChwarder lex offiuo members). together vnth three PCC rnernbers lapp¢inted by the PCCI. SI MKh8d'$ aims 10 bo a thureh of teams. cov8ring evarylhlng trom ballnging I1 by Chris Mol8sl to thg welcome t8am (led by M8rtln and Veryan Wi150nl. Each team has its own leader who reports to th8 incumbent and the PCC. Th8 main sifategk 18am$ arg as foll. Clergy team.. The dergy leam consi8ts ol Ihe incumbent, Revd. Da¥ Cattle, fv40 Assock4te Ministers who are also incumbenls 8lsewh8r8 in Styjth Wesl Chglm$forQ Chur¢hes- Rgvgfgnds St8phanlè Gillingham and Gemma Fraser (Revd Gèmm8 Fraser left her F4JsI during 20221- and a curate in the Moulsham parishes, Revd Suzanne McAllister. The ¢hurchward•ns' t•am.' Al the beginniThJ of Ihe y&ar. there was one Churchward&ns in post, Gawn Adlington. onè p8rnianent Churchwarden Emtrrilus. AJ)né Gardnèr. and Deputy Chur¢hw8rdon$, Paul W8hr8n and John Robertson. Al the Annual Meeting ol Parish¢oners on 22nd May 2022. Gavin Adlinglon and Anne Pepp&r were •lectad as Churd)wardèns, and PaLbl Wehron aNJ John R¢)rtSOn wèra re-•thtèd 8$ Daputy Churchw8rd&n8. Mlnlstry l••d•rshlp le•m (AILT)." The MLT meèts monthly, 8nd has dolegaled SponSibl1tty for mison, msnisty and worship. It consists of the Incumbent. Jr LKensed Lay Ministers ILLMS) (Travers Harpur and Fiona Seldenl, ourAuthorised Pasloral Assislant IKaren Robertson), and ourAuthoris8¢ Evangfrlisffl Enbr (Sue Ktsonl. Towards ¢he end of 2022, Kan Robertson stepped down frcvn her Tole Pastoral Assistant and left Ihe MLT (althIgh Karen is still very a¢lNe in chh lifel. Worship plannlng leam.. This team meets 8v8ry two months to plan and pr8pare s8rvTh themes, readings, preaching series, and rotas for leading. prè8th¥ng and praying. It consists of thg In¢tJmbènt. our two LLMS, a1 our three Authorised Local Preach5 IALPS) (chr Selden. Jane Harpur and Geoff Windu81. Staff t¢8m.' The Church èmployed a part-time Chikyren and Youth Worker. Ellen Morri50n. who worked under the supervision of the incumbent Ellen18ft h8f l>)St in August 2022 to pursuè a cawer in educatton. Work has bègun tts appoint a Children, Youth and Families Lea(ler. The Churth employs a Caretaker and Groundsman. Chris Pearshouse. who works under the 8upervisJn of th8 Churchwardens. Wld•r Chureh struetur#s St Michaal's is part of th8 South West Chèlmsford ChUrr*S ISWCCI Mission and Mintsty Unit IMMU}, Page 4 of 19
along with the parish@s of Moulsham: St Luke. St John. Moubh8m. and Widford. The clergy meet regularly for support, prayer and business. The Churches hokl joint ServIS and other events. The Lynchpins group consists of representatNes ol 811 Churches, and anS ioinl Serv$ and events. Sl Micha81's repfesentab"v8s. oJe¢ted at theAPCM on 22r May 2022. are the Incumbent, both Churchwardens and Oai Jonès. South Wesl Chelmsford Church•s are all part of Ch8lmsfr)r(l Deanery. Saf uardln St Michael's PCC has 8¢Jopled the Safeguarding Policy of Ihe Church of England I'Promoting 8 S8fgr Church'l lo create and maintain a saf& and caring place for all. The PCC has apkX)Snted Janella Coates as P8rish Safeguarding Representstive. Vlslon strat and rlorltl•s The PCC, MLT and ALPS held their annual Lea¢lership Away Day on satUr8Y 5th February 2022 at thè Church ol th8 Holy Spiiil in Widford. to seek God's will for tho fvtyrg as w8 emorge from the worst of the Covid-19 pandemic. The group dtiuded that il was b"m8 to thange our visk)n prayer I'Jesus. leach us all to love'l. and that further work was needed lo deveh)p a strategy for the future. We committed to sponding tlmè in Lent to read a passage of Scripture. way and li8ten lo God each day. Our rèflections from that lime were brought togsther at 8 h8lf-d8y meetg for the sgm&1tr8dernhip group on Sunday 15 May 2022. Al this meeting. it was decided that the new summary senl&n¢6 whlch d8scrib•s thg Church would be The Church on the Hill., and this was subs¥qutrntty put into a new logo.. St. Mlthid'$Ctr1th G•lkntyJd It was dgcidtsd that. raihor than fwmu181e a VIS for the fLEtu. we would write a arè.. ' stslemenl. which refl8cis who we are as a Church and what is impxmtant to us. and which would aL80 b8 a springty)anl for future stralggy and vision= e are a friendly, joyftjl and rebxed chu vh)&r& anyono can find a home, wshippIng on the h511 In th8 beautif1 $8tting of GalleYC¥)d Common. Just as OUT spl're is visible for rniles around, we sèèk lo be a Sign of hope lor all people by proclaimlng God's love, sharing the good news about Jesus Christ. and drawing people to faith in him. As disciples ol Jesus, wg bam from the Bible, atml we rgcognise the need for God's Holy Spirit lo transform our lives. Followng the example of Jasu$. and strenglhened by God, we serve our vlllage and the widar wodd through love. prayer and ath"on.' SubseqnI lo Ihis meeting. nlne Prion85 ft)r the coming year (from APCM 2022 lo APCM 20231 We set.. 1. R-stsrt Sunday prayer ministy. and pr(Mnote prayer at othar ts"m8$. 2. Dèvelop a Churchyard strategy. 3. P18n 1 yyh annwersary cèlebratK>ns. 4. Open the Church building more. Pnorib"se ministy to childn, young pwwe and familw. 6. Develop opportunib'8s l(Y discipleship. 7. Develop better cornmunuth)n. 6. Make progr8ss on fundraising and mible buikling work. 9. Make the most of the area of land cal Ihe copse". Pages19
Worshl and dlscl leshl Following the worst ol the Covid-19 pandem. serwces arè now tsknrYJ Fdace in thè Church b¢Jilding. and the 10am sarvice is also being live-streamed on our Facebook page. Dunng 2022. we acquired nèw tèchnology to allow us lo live-slr&am with more qijalty. The techn(Aogy at50 albws us to project the words for liturgy, readings and hymn$ and songs onto the screen in Church and also on the pictures whh are lfve-streamed. By the end of 2022. 811 of the Covid-19 precaLrtK)ns had been removed ex¢epl one.. Holy Communion is still being administgred by simultaneous rep"on (the person administeiing Communion dips a wafer into the wine and then giv&s the wafef to tho t¥Nnmunicantl. There are no plans to thange thi5 practice In order to reintroduce the comrnon cup. The 8asing offears rggarding Covid-19 was reflected in the large numbers of p8oplg attending our Christmas servic85. The high point of which was the Christingle, at which ovtrr 200 people w&re present. Althouoh the NatNity at Lalhcoats Fam did not tske placè. otAr own Carols on the Common (for the flrst timè in three years), 8j thbs attracte(l around 100 peo1e. Our Carol Servic& w8S also well attend&d1153 adults and 29 children). The choir has not suThJ on Sund8y mornings skKe the stsrt of the parmlemic in March 2020. It has been deci¢Jed that il is no k)nger viabl8 a choir to ad th• ngIng at every 10am Sunday service, so wè have a Igss formal, SMalr group of singers instead. The membership of th¢s small group of singers varies èach week, on a rota bas15, and is drawn from a wtder poc4 of people than our former regular choir. Around 20 singars were brought togglher to lèad the singing at thè Card Serv. Wa wnlinue lo hold an 8.30am Book of Common Prayfjr HY Communion gvgry Sunday (exwst ¢)n thos6 Sundays whgn Holy Communion forrns part of Ihe 10am servictil. Moming Prayer still happens on Zoom. which works well frjr wular att8nde8$. By the end of 2022. homegrovps were m88ting wa 8 mixture ol in-person and on-line. One new homegroup has st8rt6d, and homegroups have baen rre wd8ly adverfisèd. The homggroup leaders has mat once in 2022, for mutual 8UPPOrt, ond to think about h(M wt can promot8 horwroups r1& wldety across the Church. Actlvltl The PCC 18 comrnitted to enabling the preachiNJ of the Gos7 lo our (x)mmunty, so that as many peopla 88 possible will bec9 folk)wers of J9sus. It is also commrtt8d lo ser¥iThJ our Community in tha namo of Je5US. The PCC mainta8 an ovarviaw of everylhing thal the is aThJ doe8. The 2022 El8ctoral Roll contain8d 119 people, 68 ofwhom We resKlant in the parish, and 51 non-rasident. Here 58 8 brfef rgm on our activitres: M•k• Lunch.. This Is a n81ion4vide In1118tive to provwje a meal for every thild land their famityl. who would qualfy for free school meals. in school hClays. Suè Kitson led ihe projèct until tre end of the summeT 2022. al which point the project was paused until the end of the year while we searched for a new leader. Alice Loales became thè proi8cl leader toward5 the end ol tho year, and the first M8ke Lunch to happen under her lead is planned for Wednesday 4th January. Th will lake plac8 in Sl MKha81's Junior School. Frlendshlp+: This is a group for chlldren and thr p8rgnWc8r8rB. operoting underthe leadership of Carole Evans. Childrnn s •ndyouth wot on Sunday momln9s." We have a group for Primary aged chTldren called "Sonlighf which meets weekty during the 10am Serv 1&xp1 for family services and during the summer holidays). A group for teeThrS (Ued"Mega' wa$ re-started durry the year, and runs on the first Sunday in each month. Youth work.. We run a group for Year 6+ hvice e8th month called ilpwards". and a group for ages 14-18 Page 6 of 19
once a month called"OlderYouth-. Thts work Is led by Ellen Mrison. With Ellen's d8P8rtuie to pursue a
Caer in education."Upwards" has been paused unbl we appoint a Children. Youth and Famlliès
Lea¢Ytr. and"Older Ytxrth- has effectively been p1ce
Fundraislng.. Beryl Moss and the Fundrai51ng Tearn have ralse many u>ffee momings and other fundraising events in 2022, induding a concert by the Rock Choir. an Artisan Crdft Fayrg. and a Christmas Tree Festival. As w811 as raising muth-ne8d8d funds for our 8uikling Fund. thts has also had the effect of bringing more people into the Churth bjilding. which ha5 led in lurn to rTKJre joining our Sunday morning worshipping congregation. Thanks.. Sl Michael's PCC would Ire to thank the m8ny volunteers ¥tho wor so hard for the church. R15kAs595smgnt.. The Trustees a¢b"vety review the major risks sthich the charity faces on a reguL8r ba$ls and believe that maintaining the free reserves stated. combined wrth the annual rèview of the controls over kay flnandal systams carried oul on an annual basis will provide sufficient r&sourc95 in the 8v8nt of advorse conditions. The tru51ees have also examined other opèrab.onal aThJ business risks vthich they lace and confirni that they have eslablished systems to mitigate the 8ignrficanl nsks. Roserves Pollcy.. The trustees have consider&Y the level ol reserv9$ thèy wish to r8tsin. appropriate to the charitys needs. This i8 based on the charitys size and the level of finanual commitments held. The trustees aim to ensure the charity will b8 able to continue to fu11 its charitsble objgctives even if th8re is a temporary shortfall In Incom& or un&yd•d •xp8ndilur•. Th8 truslees Wi endeavour nol to set asth funds unnecessarily. Publlc B?nofft: Thè thanty ad(nowledges rts wulrm¢nt to dwnonstrate cleady that il must have d)arit8bl& purposes or'aims. that are for the public benefit. Delails ol how the ch8nty h8$ 8¢hved this are provided in the Trustees rtsport. The Trusle&s confim) that they have paid due ward lo the Charity Commission guldance on publSc b8n8flt before decAdlng whal aclivities the charity shoukl undertake. Approved by th8 Twste88 on ...... Signed on thelr behalf by Trustee..... PrintedNam8'. ?. 3 . . r*ge 8 of 19
INDEPENDENT EXAMINER'S REPORT ON THE AccouKrs I report to the charity Trustees on my examination of the acCjnIS of Sl Michael and All Angels Church PCC for the yea¥ ended 31 D8cemb8r 2022 which are 8et oul on pages 10 to 19. Respectlvè r¢¥ponsibllltie$ of Trusto08 and oxaminer As the charity's Trustees of Sl Michael arKI Al Angels Churth PCC you are reS[nSIble for the preparation of the accounts in aco)rdancè with the reqU$mants of the Companies Act 20061.the 2Q06 Act'l. Having satisfied mys81fthat thè aoo)unts ofst Michagl and Al ATh3els Churth PCC are not roquirsd to be audited tsnder Part 16 of thè 2006 Act and are eligible for Indspgndgnt gxamination, I report in respect of my exarnlnatn ofyour char$ 8¢¢0unts as carried oul under sectK)n 145 of th8 Charil Act 2011 I'the 2011 Acl'l. In carying out my examin3b.on I have followgd the Direth'on$ gfven by the Charity Commbssion under Sect 14515llbl ol Ihe 2011 ACL Ind•p•nd6nt •xamIne8 8tat•m•nt I have comF4eted my exawmnation. I confirn) that no matters hav• cg)m8 to my attgnlKJn In conneth'on with the examinallon giving m& (ausè lo beligve." 1. accounllng records warg nol kept in respect of Sl MKhael and Al Amggls Church PCC a6 require(J by se¢lion 386 01 ihe 2(NJ6 Act. 2. the accounts do not ac£¢rd wAth those records.. or 3. the aecounl$ do not CoMY with the 8c¢ounting requiroments ol sectson 396 of the 2006 Act other than any requirement that the accounrs give a Irue and fair which is nol a matter nsidered as p8rt of an indapernlent examin81h)n: ¢X 4. the accounts hav8 not been prepared in KoJrd8nce wth Ihe m&tPKés and prirripltrs ofthe Stslement ol RecMMnd•d Practice for accounting and rwrting by charitlgs. I have no concerns and have comg 8fXOSS Th) other matters in connection wilh tho examinatlon to which attention should bg dra%w in Ihis rgport in order to enable a prr undgrstandin9 of th$ accounts lo be reached. Sunad Date 1.5.23 dge9of19
ST MICHAEL AND ALL ANGELS CHURCH. GALLEYWOOD srATEMENT OF HNANCIAL ACTivmES FOR THE YEAR ENDED 31st OECEM8ER 2022 Unrearicted Rel¢tsd Funds Funds Nol•s Total 2022 Total 2021 INCOMING RESOURCES Oonatlons & Lsgaci88 1.327 93,501 ACtitIeS lor G¢nerating FurJs 1,385 3.585 4.970 927 Incomè fr¢m In*stment8 287 287 14 Income from chata& ActtIo5 9.621 9,621 oth•r Inekin$ 250 TOTAL INCOMING RESOURCES 110.897 115.20S RESOURCES USED Exponditure on RaisirvJ FuThJs 31 Co81 ol CharfIae Actliities 110. 110.020 112.909 Gowm8n¢• Costs 630 TOTAL RESOURCES USED 113 570 NEf INCOMING RESOURCES 4,308 4,585 19,471 MOVEMENT IN FUNDS 4.308 19,471 1 8alanc8s Brought FoAvard 790 51.172 60.642 Transfer 8etween Funds TOTAL FUNDS CARRIED FORWARD. Movgmgrtts on all reserves and all reM9ned gains and losses are Shn above. All oftho org8nis8tion's operations are dass&d as continuing. The notes on pages 12 to 19 fom part of th85e finandal statements. Page 10 of 19
ST MICHAEL AND ALL ANGELS CHURCH, GALLEYWOOD BALANCE SHEET AS AT 31s¢ DECEMBER 2022 Unr8slrlcl•d R•&rfctsd Funds Funds Note• Tolal 2022 Total 2021 Flxgd Ats Tangible Assats Current As80ts Oebtor5 & Prepayments Cash at Bank 8nd in Har(1 Totsl Curr•nt Ass8t• 3,284 3.284 1.495 51,634 5.512 57.147 52.039 Credltor Due Wlthin On8 Year 976 414 1.3 NEf CURRENT ASSErs ).659 SS,7S7 51,172 TOTAL ASSEfs Less Current Liabilities 50,659 SS,757 51.172 Cr•dltor Lhje in M¢xe Than Cne Y••r NEf A88Ers 55.757 51,172 Fundsofth• Charlty Unrestncted Funds R•stric¢ed Funds 50.659 50,659 50,382 50.659 55.757. 17 51,172 Approve(I bylheTrust8gson.... ............... and ShJned on their behalf by .. David CatU8. ChaKman Page 11 of 19
ST MICHAEL AND ALL ANGELS CHURCH. GALLEYV400D NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2022 1. ACCOUNTING POLICIES The financial statemenls ol the PCC have b88n prepared in accordanc8 the Church Accounting Regu18ts'ons 2006 together wrth applicable accounting standards and the SORP. The financial statements have been prepared under the historical cost convention except for the valu81ion of investment 8ssets. whh are shown at market value. The financial slatements indudg all transactionsl assots and liabilitigs for which the PCC is rgsponsiblè in w. They do not indude the accounts of Churd) groups that owe thgir main affiliation lo arother body. nor tlx)se that are inlomial gatherfngs of church members. FUNDS Endowment funds are furnls, the capital of whith musl be rn8intsined- only Incom8 arising from investment ol the endowment may be used either as re$trKted or unrestricled funds depending upon thè purposo for which the endowmonl wa5 establishgd. Reslrictsd Funds represent (al Incom8 from trusts ty ndments which may be ext&rKled only on Ihose restrted objects provided in Ihe temis of Ihe trusl or the beqLtesl, and Ibl donatnS or grants rèceivèd for 8 SpIflC object or invited by the PCC for 8 Specif obj'ect. The fvnds may onty be 8xpand&d on the specffic obj$cl lor which they wgre gNen. Any baLatKe remaining unspent at Ihe end of year must be carried forward as a balance on that fvnd. The PCC does nol usually invest separately for each fuThJ. Where there 15 no Sgparale Investment, intergsl 8FPOrth)n8d to indivNlual funds on an Bv8rdge b818nce basls. Unrestrlctsd Funds are neral funds, whth con be for PCC ¢y(Ilnary purythes. In¢ornlng R••ourc•s Pl8nned givingl collectKJns and donatS are recnISed when receiv8d. Tax folunds are recognised whan the incoming r8vAJrce to whh they r818te 8r¢ receNed. Grants 8nd Leg8dès are arUnted f¢y when th8 PCC is leg8lly entstled to the amunts due. ONKlends are 8ccount8d for whèn r8cervable, interest is Bccrued. All other incorne i8 reCOgned wthen it * recwable. Al irwjjming f•soLtyces are accounted for gross. R•sourcos Exp•nd•d Grants and donations are ae¢ount8d [ wh&n paid over or whèn awardedl rf that award crealas a binding obligation on Ihe PCC. Th8 di¢xesan quota or parish Share is accounted for whèn due. Amunts received spe¢rfi¢ally for Mission are deatt wAh a$ restrthd furhjs. oth&r eXwlIurO is generally rocognls8d wh8n it is incurred and is accountg(I for Gro88. Flxed As$•ts Cons8crated and Btneficed propgty is exdud8d from t aco)unts by s.10121 of the Chant6e8 Act 2011 No Value Ls placed on movable church fumi5hrys held by Ihe church ward8ns on spec¢al trust for the PCC bnd which require a faculty for disposal since the PCC considers thls to ba [nAlable property. AJI expenditure incurred during the year on ¢ortsecraled or benef buildings and mvable church lumishings. whèthèr maintenance Of Improv$menl, is written off as eypendrture in the SOFA gnd separately disdosed. Equipment used within the Churth wemisgs k% depwaled on a straKJht Ilne basis over 4 years. Indlvklual items of equipment wrfih a purchase price of£1C(M) or kns art writlen off when the assat is a¢qiJire(l. Investments are value(18t market value at 31st Decernber Page 12 of 19
ST MICHAELAND ALL ANGELS CHURCH. GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS l¢ontlnu•dl FOR THE YEAR ENDED 31st DECEMBER 2022 Grant• payablo whhout porformance condltlons These are only recognised in the accounts wthen a commjlment has bekn made and th8re are no Lxndltions to be met relating to a grant vknich remain in control of the charlty. Support Cost$ sUprt cost$ Include central functions and have baan allocated lo actsvity cost calegones on a basis consistènt th8 use ol th8 resources, e.g. allocating property costs by I}r aroas. or p8r capita, stsff costs by the time 8penl and olher cosis by their usagg. Changgs In Ac¢ountlng poll¢les and prèvious ae¢ount• The has bean no charo8 to the accounb.ng polici•s Ivariallon wK8s and m&lhods of accounng) sin¢8 last year, and no changes lo the previous accounts. 8818 of preparation: The financlal statemènts havo bean Fwar•(l on the histOri¢BI cost basis of accounung in accordance with thè Charities Act 2011, the Church Accounting Regulations 2( and in accordance wrth applicable accounting standards. In preparing the financial statements Ihe Charity follows best practice as laid down in the Statèment ol Recommended Practice "A¢unlin9 and ReForiing by Charili&s" ISORP20151. The ch8rlty mgels the definition of a publ¢ benefrt onlrty undgr FRS102. No rostalenwnt was requlr8d in maklng the transition lo FRS102. The date of tr8n8rtion was 1M January 2015. 2. TANGIBLE FIXED ASSETS al Tho Chur¢h ol St Ml¢ha•l and All Ang•1s, Galleywood Con8ecrated and Benefud Fyoperty ts excluded from Ihe a¢fits by s.10 {21 of th& Charities Act 2011. No value is placA on movable chLtrch fumishings held by the church warden3 on spècial trust for the PCC 8rKI whlch requlre a faculty for disposal Sir the PCC derS this to be inalienable PrortY. The valuè of The Church of St Mthael and AJIArueL8, GolleyvKoJ {BudIng and cleiS1 al 3181 December 2022 is £11,590.OW. Page 13 of 19
ST MICHAEL AND ALL ANGELS CHURCH, GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS Icontinuedl FOR THE YEAR ENDED 31st DECEMBER 2022 nts Total 2022 Total 2021 a) Donations & Laga&s Collectyons Gfs & tYJnab"¢ys Gft Aid tbnations Gft Tax Recoverable Legac$ 4.297 3.651 67.405 15.705 4.297 1,465 9.217 67,584 15.235 713 10 67,415 15,705 8.546 723 100,327 93,501 b) ACtltIeS for Gèner•tkng Fundraising EntS Room Hire Other Generated Funds 103 810 472 3.688 810 472 148 781 1.385 4.970 927 cl I•nt Incom• 8ank h1881 287 287 14 287 287 14 dl Charlt•bl• Actlvltl• Statutory Fèos IWed('ngs. Funerals) 9.621 9.621 9.406 9.621 9,621 9,406 •) Oth•r Ineomlng ReUrceS One Off Gr8nts 250 250 Page 14 of 19
ST MICHAELANO ALL ANGELS CHURCH, GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS Icontinuedl FOR THE YEAR ENDED 31ST DECEMBER 2022 Unrnetrlctod Rel¢ted Funds Funds 4. RESOURCES EXPENDED Totsl 2022 Total 2021 l Expendlture on R049ing Funds 03t of EntS 31 31 b) Co of Charltabl• ActlYltl•s Church Runnlng & Maintenence Churchyard Running Costs 0loc8s8ft P8ri9h Share Family HourlSonlightlYcwJth Major Repairs Missionary & Ch8tllable Giiir Organist Fees Ministry Costs Printing. statiery & Posta90 SwMc8 Cost$ Sundry Exoènses YtyJih Worl(er Wag86 Carètaker Wag8S 8ank CharyJ8s 10.229 4,027 10.229 4.027 73.( 432 179 11.473 5.223 72,366 1.050 1.450 8.C65 179 2,119 917 2,024 50 7,415 846 110 2,787 97 5.104 3,129 738 2,767 97 5,104 3,129 738 110.020 110,020 112,909 cl Govomanc• Co*B Independènt Examinors F88S 630 630 Page 15 of 19
ST MICHAELAND ALL ANGELS CHURCH. GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS Icontinuedl FOR THE YEAR ENDED 31st DECEMBER 2022 S. RESTRICTED FUNOS CURRENT FINANCIAL YEAR Inwme EXKrtu Tr8n$fers 8alance 314)ec-22 Olan42 Chur¢h Bui¢dlng 4288 4,288 Rac8 Runners & GOI Chlldrgn 21 21 Wednesday Fellowship 389 389 Youth Group Events 401 79) 5,098 PREVIOUS FINANCIAL YEAR Incorne Expenditure Transfers Olan-21 31*•¢-21 Bell Row8 1,716 1,716 Chlldren'$ woth¥f 2,534 Rac9 Runngfs & Galleywood Chihkn 1.370 1,370 Wednesday Fellowship 389 Youth Group Events 401 401 4,694 5,620 1,716 790 Page 16 of 19
cURRETr FINANCIAL YEAR Balance olan42 hcome ExperKSiture Transfgrs Balance 31thc.22 Church Buildlng Race Runners & Galley%41 Chlldren W&Jn8sday Fellowstup Youth Group Ents 4,288 21 389 401 21 401 5.098 PREVIOUS FINANCIAL YEAR Balance Olan-21 kncome Expenditurn TrarofBr Balanc• 31.Dvc-21 Ro Childrens Race Runn8rs & Gall8yxrKxl Children W8dne8day Fellowship Youth Group EntS 1.716 1.716 2,534 1.370 389 401 1.370 389 401 4,694 790 B•ll Rop•s- funds donated lo pay fcf boll rop88 Chlldron'8 work•r- funds donatod to pay for o chmdren's workef Rac•runnern & Gall•ywood Chlldrèn- fun(Is uwj for ou1rn8ch lo Children in the Parish. W•dn•Jday F?IIow8hlp- lunds u$od lo pay a"soao1 club" for tlThe over 50 years of age. Yothh Group Ev•nts - fund8 raised to providti fin8wal supwt foryoJth to attend events. The Restricted Funds hokj ar¢ rewesented by Ch8ritys (3sh reseryes and ara to bo expended as specffied above. e17of19
ST MICHAEL AND ALL ANGELS CHURCH, GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31st DECEMBER 2022 6. CASH AT BANKAND IN HAND ltriCted Restri Funds FU15 Totsl 31-D8c-22 Total 31-Dec-21 Cash at Bank 8nd in Ha1 5.512 53.863 5,512 53.863 7. DEBTORS AND PREPAYMENTS Unrestricted Funds Restricted FuThJs Total Total 31¢2 31 21 Gfft Ald Tax RecoKer8t4è Sundry Debtors 2.1&3 1,121 2.163 1.121 929 3.284 3.284 1.49S 8. CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR Unrastncled Restrictertj Fund8 Funds Tot81 Totsl 31the-22 314)èc41 Indopandont Examlnats F Sundry Cr8ditCK8 376 414 79) 267 976 414 867 9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR The Charity held no loityerm liats'lrfies dn9 this or the previoLts finarla1 year. Page 18 of 19
ST MICHAELAND ALL ANGELS CHURCH, GALLEYWOOD NOTES TO THE FINANCIAL STATEMENTS Icontlnuèd) FOR THE YEAR ENOED 31st DECEMBER 2022 10. ANALYSIS OF NET ASSETS BY FUND Unr8stiict&J R8striet&l Fur Funds Totsl Total 314)ec42 314Jee-21 Fix8d Assets InNestm•nts Current Assets Liabillties {due in more than ¢)ne year) ,659 55.757 51,172 50,659 5,098 51,172 11. STAFF COSTSAND NUM8ERS 2022 2021 Gross Wages and Salanos Employerfs National Iura Ccts Pension Conlributhons 8.233 8.061 8.061 Employees who were engaged in egth of the follrj aCtsbe$.. 2022 2021 Actr'vlll8s In fvrthèrance ol oryJanisalion's obiecbves The organisation opefales a PAYE s(eme to Poy all emFloyed membets of Staff. No staff r8c8ived emoluments in excess of £80.000. 12021.. Nong) 12. PAYMENTS TO PCC h1EMBERS 2022 2021 Number ofTrustees vhKJ VBf8 F*'d eXS Total Amojnt 1. 235 Expenses were paid to Vicar, one elected PCC member and one Ex Officio member to reimburse costs incurred in relation to their work for the church. SLtch as trdvd. printing. stationary, telephone costs. No other payments were mad6 to trustees or 8ny persons connected wrth them during this financial peTlOd. No malerial transaction took place tWeen Ihe organisatton and a trustee or person Connected with them. Page 19 of 19