The Parish Church of St Michael Yorktown, Camberley In the Diocese of Guildford Annual Report and Financial Statements Of the Parochial Church Council For the Year Ended 31st December 2024
THE PARISH CHURCH OF ST MICHAEL YORKTOWN, CAMBERLEY CONTENTS Pa Parochial Church Council Report Independent Examiner's Report Statement of Financial Activities 9-10 Notes 11-14
THE PARISH CHURCH OF ST MICHAEL YORKTOWN, CAMBERLEY Report of the Parochial Church Council for the Year Ended 31st December 2024 The Parochial Church Council present their report along with the financial statements of the Parish for the year ending 31 st December 2024. St Michael's Church is situated on London Road, Camberley and is part of the Diocese of Guildford. Reference and Administrative Details Correspondence Address: The Vicarage & Parish Office 286 London Road Camberley Surrey GU15 3JP Independent Examiner.. Mr Nicolas Gooderham FCA 14 Shalbourne Rise Camberley Surrey GU15 2EJ Bankers: Barclays Bank plc Camberley Branch POBox191 Camberley Surrey GU15 3GS Parochial Church Council Background St Michael's PCC has the responsibility of co-operating with the incumbent, the Revd Pippa Ford, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church buildings and churchyard of St Michael Yorktown. This annual report puts all the PCC'S financial statements into perspective and relates them to the wider life of the Church. It reviews the past year, and seeks to link financial plans, expectations and hopes for the future.
THE PARISH CHURCH OF ST MICHAEL YORKTOWN, CAMBERLEY Report of the Parochial Church Council for the Year Ended 318t December 2024 Membership Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. During the year the following members served as members of the PCC.. Incumbent.. The Revd Pippa Ford Chair - Resigned February 2025. Churchwarden.. Mrs Carole Simons- until May 2024 Mrs Emily-Grace Sainsbury Mr Nathan Sainsbury Deanery Synod.. Mr David Parker Hon. Treasurer Mrs Hilary Turner Elected members.. Mr Christopher Nobbs - until May 2024 Mrs Clare Nobbs- until May 2024 Mrs Alison Parker - Vice Chairperson Mrs Patricia Ellis Mr Roy Ellis - from May 2024 Mrs Carole Simons Mrs Eloise Green Mr Tony Carter- from May 2024 Mrs Sarah Ayre - from May 2024 Mrs Alisa Whiteland Co-opted members Mr Glenn Turner - PCC Secretary Mr Tony Carter- until May 2024 Structure, Governance and Management Governin Document The Parochial Church Council is a charitable trust, and each PCC member is a trustee. The Registered Charity Number is 1132852. ointment of PCC Members The appointment of PCC members is governed by and set out in the Church Representation Rules.
THE PARISH CHURCH OF ST MICHAEL YORKTOWN, CAMBERLEY Report of the Parochial Church Council for the Year Ended 31st December 2024 Sunday worship continued during 2024 with 9am and 10.30am services. These services are linked once a month with a breakfast, now open to the community. We have been blessed by the music provided by our music group and organist and excellent preaching, with some new additions from lay persons. A prayer group has been running, but attendance at Pray for Camberley events within the town have diminished over time. A new Waiting on God group has started on Tuesday evenings. St Michael's PCC met nine times during 2024 and meetings were well-attended. Some PCC members attended the Church Growth Conference in September 2024. Our Vicar, Revd Pippa Ford, was on sick leave from early January until Easter. We were pleased that she was well enough to return with a slightly reduced time commitment to start with. We heard in November that she planned to resign in February 2025.we were sad to say goodbye to our 2 churchwardens when they left to join another parish so that one could be supervised during her training for ministry. A major concern about our finances continues and there have been appeals for funds. The PCC decided to reduce our parish share to £4,200 per month so that we could try to balance our books and this has brought about a better position, but we should aim to try to pay outstanding parish share in the future. Grants from Surrey Heath Borough Council have enabled us to offer community breakfasts and coffee mornings and to maintain our churchyard. We have not pledged outward giving this year as we have been able to do in the past apart from a fund-raising for a hospital in Uganda. We continue to offer wedding, baptism and funeral services as well as the burial of ashes in the churchyard. The PCC is highly appreciative of the financial support for the electrical work that was carried out and kindly funded by Friends of St Michael's. Our engagement with the community has been active throughout 2024, with a Pet show and a family fun afternoon in the Summer Holidays. Christmas festivities included a Craft evening, Christingle services as well as a traditional carol service with 2 local choirs. We have held a community drop in coffee and chat each Wednesday morning which is popular. Fireflies Toddler group is continuing and making new contacts from the community. The Friday group for older children.is generally well-attended. The vicar and Youth and Children's worker have had much success in bringing worship into 2 local schools on a regular basis. A team of people deliver Songs of Praise to a local nursing home once a month and we are grateful for the work done to prepare this by 2 faithful people over many years and by 3 people moving forwards. An outreach team have been doing some mission and outreach work in Camberley Town Centre On a month. Work continued on the Churchyard, with our contractor providing rna1ntenan work strimming grass and cutting hedges and clearing leaves. A team of volunteers has met monthly to cut back and clear overgrown shrubs. The churchyard maintenance
4has been funded in part by a grant and other funding has come through funerals and monument payments. We are pleased to report that Mr Nicolas Gooderham carried out the role of Independent Examiner for 2024. Financial Report for 2024. The "Main Fund covers the core of the church's activities - the services, the work in the parish, the maintenance of the church and the contribution to the Diocese by way of the parish share. The Full Parish Share increased again this year for 2025 to around £80,000. The Diocese granted us a reduction for one year only to £63,000 and, although it could not be paid in full, the reduced payments of £50,400 still represent 800/0 of the proposed share payment. The payments made represent 48 % of our total expenditure. The year 2024 was a year in which expenditure from our main account exceeded income by around £500. This was entirely due to reducing our parish to the Diocese to £4,200. We have a deficit of £12,500 to the Diocese from 2024 with a further deficit of £20,000 from the previous year. Guildford Diocese keep an account of these shortfalls and we will aim to make good the loss by increasing our income through stewardship where possible. This is not a state of affairs that we welcome or have taken lightly, but one that has allowed us to keep our ministry going at St Michael's. It will be necessary to re-address our stewardship and to increase the number of people attending. As said previously the formula used to calculate the share does not address fully the parish having a large area of industry and social housing, nor the cost of the churchyard and maintaining a large, listed building. It is also much more than other churches in the deanery are paying at the moment. During 2024-2025 our insurance premium was also high at £5,892. Water bills and fuel bills to heat the building for services, the hall and parish office were around £8,600 this last financial year and are around the same cost to date. We have a good price on a 2-year fixed contract which started at the start of April which has enabled us to keep costs as low as possible, but it costs a lot of money to heat our church building. Our financial situation in the main fund remains critical and it remained a fragile situation throughout 2024. We are, however largely holding our own. The only major discretionary spend we have is our staffing costs at £25,300 at 250/0 of our total spend. A decision was taken to draw down on some of our unrestricted funds held on deposit and so £731 was added to our main account. We did have a number of significant one - off -donations for a sum of £4,535, with a further £2,260 donated by St Michael's Friends towards needed electrical work which helped us to avoid a shortfall, but there is no reason to expect that these would be repeated in the year ahead. We also had community funds from Surrey Heath Borough Council to cover our outreach to the community and our maintenance of the churchyard. Very generous donations from one member of our congregation enabled us to have a most enjoyable concert in the Autumn. Legacies were received from the estates of 2 parishioners and we are very grateful for these. St Michael's does, however, have a significant sum available in the renewal fund and this continues to grow and is attracting a good rate of interest. We took the decision
to approach a generous donor who has agreed to change his donation to the main account and allow us to transfer his donation over the last 2 years into the main account as he was unaware his donation was going into a restricted fund. This helps our situation enormously. It does however mean that the growth of the renewal fund appears to have slowed and transfer of £6,900 is more than this fund received this year. We can only use this fund for the removal of pews and the re-modelling of the interior of the church as it is restricted for this purpose and so is not available to us to use for our running costs. Similarly, funds in the churchyard fund are restricted for that use, but there is only the income from funerals, memorial or grant and we are pleased to report the continued grant of £3,260 from Surrey Heath Borough Council. Overall, there has been a large reduction in income from grants. There are sums this year in the column entitled "Designated Funds" This relates to a donation made by the Friends of St Michael to cover electrical costs of upgrading the supply to the hall and church. Fees from weddings remain low, but are up this year due to the February Burn's wedding. Income from hall and church hire rose by £1000 this year and part of this is due to the 2 concerts held in the church and our regular hall-users. Income from funeral fees have nearly doubled, but we managed to cover the majority of the costs of churchyard maintenance with churchyard fees and the grant from Surrey Heath Borough for £3,261 . Sums for plate collections have increased, although the Sum Up machine remains useful especially now it is now being used for plate collections too via the QR code in the pews. This raised over £1,000 last year. Events held raised an extra £1 ,800 or so and this is down to the hard work and generosity from our events- organiser and her team and to the generosity of one of our community. Expenditure is tightly controlled and we also benefit from the generosity of time which reduces the need to pay for external services, but this is not always possible when we need to have safety inspections or regular maintenance of our gas and safety equipment. Fuel bills have been high despite fixing prices in 2024. The cost of heating the church is very high. We have tried to reduce temperatures as much as possible to 150C, but this temperature is not really achievable in really cold weather. As remarked upon above, our general reserves at the end of the year were down to just below £13,000 and have deteriorated further since the start of this year. This is a level which is too low for any sort of comfort - a general rule of thumb is having 3 months, costs covered, but we now have less than we will spend going forward. We have around £12,000 in our non-restricted funds to call upon, but that is it and it is less than 10 % of our costs. Please consider this matter of stewardship prayerfully. My thanks go to Mrs Sue Nichols for her assistance in using the new accounting software and data entry. Hilary Turner March 2025
PCC responsibilities in relation to the financial ststements The members of the PCC are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice relating to Charities. The Law applicable to charities in England and Wales requires the PCC to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the PCC should follow best practice and.. Select suitable accounting policies and then apply them consistently; Make judgements and estimates that are reasonable and prudent., State whether applicable accounting standards and statements of recommended practice have been followed subject to any departure disclosed and explained in the financial statements., and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The PCC is responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the Parish and which enable it to ensure that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations and the Church Accounting Regulations 2006. The PCC is responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. AL,_7J- Date May 2025 Mrs Alison Parker Vice- Chair
INDEPENDENT EXAMINER'S REPORT TO THE PCC OF THE PARISH CHURCH OF ST MICHAEL, CAMBERLEY FOR THE YEAR ENDED 31st DECEMBER 2024 This report on the accounts of the PCC of St Michael's Church, Camberley for the year ended 31 st December 2024 is set out on pages 9 to 13 is in respect of an examination carried out in accordance with Church Accounting Regulations 2006 and s145 of the Charities Act 2011. Respective responsibilities of trustees and examiner The charity's trustees (The PCC) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination Is needed. It is my responsibility to.. Examine the accounts under section 145 of the Charities Act., Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) {b) of the Charities Act). and State whether particular matters have come to my attention. Basis of independent examlner's statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that in any material respect the requirement.. to keep accounting records in accordance with section 130 of the Charities Act., to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met or., to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. N J Gooderham FCA 14 Shalbourne Rise Camberley Surrey GU15 2EJ Date 2025
Accounts for St Michael's Church for year ended 2024 STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st December 2024 Unrestiicted Funds Main Designated Fund Funds Ros¢rirteil Funds TOTAL FUNDS 2024 2023 Note INCOMING RESOURCES Voluntary income othe< voluntary income Receipr5 from activities for 8etieratin8 fund5 Reip1S from Church a¢livilies Incorne from Investments 80,372.69 8,508.84 2,695.65 5,958.Tr) 3,261.00 89,026.34 11.?69.84 121.882.32 14.357.64 2,737.38 10.632.(YJ 663.47 2,737.38 10,632.00 6,375.41 1,214.05 9,705.22 3,255.48 0.00 5,711.94 TOTAL INCOMING RESOURCES 102,914.38 2,695.65 14.930.94 120,540.97 ISO,414,7J RESOURCES EXPENDED Costs of 8¢nerètin8 voluniary Income 1.320.70 101,222.74 0.00 903.42 1.320.70 112.358.74 D.00 1,107.42 1,52Z.52 115,896.06 3.198.00 7,938.00 Governance costs Other resources expended 31dl 204.00 3.426.52 TOTAL RESOURCES EXPENDED 103.446.86 3,198. 8,J42.th) 114,786.86 120.845.10 NET INCOMINGIIOUTGOINGI RESOURCES .532.48 .502.35 6,788.94 5.754.11 29,S69.61 Transfer between funds Tr8n$ler between unrestricted funds 6,9W.00 ,900.C NET MoveMENT IN FUNDS Reconciliation ol Funds Balance5 8rou8hi Forward at 1st January 2024 6,367.52 -502.35 .111,06 5,754.11 29,569.61 Total 21.573.65 538.51 130.029.46 152,141.62 122,572.01 BALANCES CARRIEO FORWARD At 31Jt D•¢*mb•i 2024 Cash Dep051t Total 18,836.09 12,727.47 31,563.S6 36.16 9,S62.66 116,733.34 126,296. 28.434.91 129,460.81 157,895.72 28,276,46 123.865.16 15Z,141.62 36,16 Th• sum of £8,9Q) ifanslefiad boNY coUn13 Gompri#ed £3800 Irtyn 2023 and £3300 Iiom 2024 funds Pa8e
Accounts for St Michael's Church for year ended 2024 BALANCE SHEET AT 31ST DECEMBER 2024 Note 2024 2023 CURRENT ASSETS Short term dep051ts Cash at bank and in hantl Debtors 28,434.26 129,460.81 28,276.46 123,865.16 157,895.07 152,141.62 LIABILITIES.. amount5 fallln8 due within one year 0.00 0.00 NET CURRENT ASSETS 157,895.07 152,141.62 NET ASSETS FUNDS 21,573,64 538.52 130,D79.46 152,141.62 Unfesiricted-mèin de51Enated 31.S63.56 36.16 126,29G.00 157,89S.72 Restrl¢ted TOTAL AppFove(J by the Parochlal Church Councll on and sI8ned on Its behalf by.. Mi¥ 2025 Chalr of PCC urchwarden Patè 10
Accounts for St Michael's Church for year ended 2024 NOTES TO THE FINANCIAL STATEMENTS For Ihe year èndgd 31st Oèc•mber 2024 ACCOUNTING POLICIES Basis of Accountinz The ètcoun15 hove been prepared in accordance with the Parochial Church Council's Éovernine document, the Charities Act 2011 and "Accounting and Reportine by Charities.. StÈtement of Recommended Prattice èpplicable to charitie5 prepèring iheir èccounts in accordance with the Financièl Reportin8 Standard applicable in the UK and Republic of Ireland (FR5 1021" leffertive l January 20191. The Parochial Church Councll is a Publlc Benefit Entlty as defined by FRS 102. The financial siètemenis have departed from the Charities (Accounts and Reporisl Regulaiion5 2008 only to the exieni feqtsired to provide a true d fair view. This departure has invol¥ed followin8 the Slatement of Recommended Prèciice for charilies applyin8 FRS 102 father than the version of ihe Statemeni ol Recommended Pr•¢tice which is referred to in the Regulations but which has since been withdrawn, Investrnenl Income, covenants and donatlon5 •re aC¢Dunted loron a receivable ba51s 10 whlch is èdded Income tèx retoverable. Leg8(v Income Is reco8nlsed when the criterla for eniitlement has been met. ExpendtUre is acceunied for when payable Ind includes value added tsx. Tan8ible Fixed Assets Tangible fimed assers do not Include Items ol movable church furnI5hlngs 35 these ale regarded a5 Inallenable property and cannot be dlsposed wirhout a loculty. Tan8ible Ilxed •ssets are those held by the PCC lof the continuing Use in its work. IndvidUal items evér El,000 of 3 Capltal nèturt are treated a5 Ilxed assets.
Accounts for St Michael's Church for year ended 2024 NOTES TO THE FINANCIAL STATEMENTS For the yèar Ènded 31st December 2024 INCOME Unrè$tri¢ted Fund$ Main Designated Fund Funds Restri¢t•d Funds TOTAL FUNDS 2024 2023 Voluntsry income Planned giving PGS Income tax gift aid VAT iec¢verable Collections lopen plètel Oonations via Sumup Sundry One-off donations 54,997.76 15,537.87 5,378.(X) 0.00 556.00 60,375.76 15.537.87 556.00 4,365.67 936.39 7.254.65 74,320.89 6,S49.97 3,543.51 3,766.83 1,367.88 32.333.24 4.365.67 936.39 4.535.00 0.00 2.695.65 24.CN) 80,372.69 2,695.65 5.9S8.00 89,026.34 121,882.32 21bl Oth•r voluntary In¢om• Grènts Le8acies Sundry Closed deposlt funds 758.96 7,CQO. 18.8S 731.03 8,508.84 3.261.00 4,019.96 7,000.00 18.8S 731.03 11.769,84 8,581. 780.67 4.995.97 14.357.64 0.00 3,261.00 2 Icl Rgcglpts from actlvltlos gangrntlng fund8 Event5 ftelre5hments 2.350.59 386.79 0.00 2,350.59 386,79 799.22 414.83 2,737.38 0.00 2,737.38 1,214.05 21dl R•c•lpts from church •ctlvltlo8 Church hall lettin9 elc Weddln8 fees Bur•1 fees 3,085.00 905.Crt) 6,642.W 0.00 3,085.CO 905.00 6,642.00 1,922.fy) 153.CQ 7,380,22 10.632.00 10,632.LK) 9,705.22 Income Irom Investments Bank deposlt interest Deposit5 Wlth Cenir•l 804rd of Flnance 1,20 662.27 1.20 6,374.21 2.49 3,252.99 0.00 5,711.94 663.47 5.711.94 6,375.41 3.25S.48 TOTAL Incomlng R•8ources 102,914.38 2,695.65 14.930.94 120.S40.97 150.414.71 P*12
Accounts for St Michael's Church for year ended 2024 NOTES TO THE FINANCIAL STATEMENTS For the year trnded 31st December 2024 EXPENDITURE Unrestrlcted Fund$ Main Designated Fund Funds Rostri¢tèd Funds TOTAL FUNDS 2024 2023 3 lal Cts8ts of generating voluntary Income Stewardship envelopes 0.00 383.68 383.68 572.39 0.00 296.95 653.18 Licences. Ind subscriptlon E¥enis 143.95 793.07 L43.95 793.07 1,320.70 0.00 1.320.70 1,522.52 3Ibl Charltable A¢tlvltle$ Support for world mission Parlsh Share I see below) Clergy expenses LIBht & Heat & water 1n5urance Telephone IT costs Photocopler expense5 Church maintenance Church s¢ruciural improvement quipment replaced Salaries Churchyard upkeep Schools and services Educatlon and courses APCS lor safe8uardin8 0.00 50,400.00 72.45 8,603.(K) 5.892.16 615.22 889.80 1,656.72 4,028.18 180.(N) 0.00 180.00 SO,4.00 72.45 8,603. 5,892.16 615.22 889.80 1,656.72 4.028.18 3,018. 892,74 25,319.56 7,938.00 2,053.96 775.00 23.95 56,751.75 34.90 9.264.68 5.718.62 601.43 680.11 1,669.65 3,006.61 4,420.31 0.00 0.00 0.00 0.00 3,018.(KS 892,74 25,319.56 24.459.65 6,670.00 2,123.55 399.00 95.80 0.00 0.00 0.00 7,938.C() 2,053.96 775, 23.95 0.00 Total$ 3lbl 101,222.74 3,L98,00 7,938. 112,358.74 115,896.06 3,198.00 7,938.00 113.679.44 117.418.58 Totals for 3lal and 3lbl 102.543.44 Durin8 the year the church carried out repèrative electrical work. VAT of 50rne ES03 15 feclairnable in 2025. The PCC ieduced the ptyrish Shore payments In April 2023 10 rnaintain 5ufficieni curreni operèiin8 funds. Outstandin6 parish share should be paid wheTh eir£um51onces 3110w. 31¢) Gov•rnan¢o costs Quinouennial Independent examiner's fee 0.00 0.00 0.00 0.00 3 Idl Other r•source• exp•nd9d 0.00 0.00 204.00 282.37 510.65 314.40 199.33 1,221.70 316.95 Statlonery Sundry expenses Pènk charges 282.37 510.65 110.40 1.737.98 Total 903.42 204. 1,107.42 119,156.56 Total expended J03,446.86 3,198.1 8.142.00 114,786.86
Accounts for St Michael's Church for year ended 2024 NOTES TO THE FINANCIAL STATEMENTS For the yoar ended 31st December 2024 STAFF COSTS 2014 2023 Wa8e5 and salarie5 Social security costs 25.319.56 0.00 24,459.65 25,319.56 24,459.65 During the ye$r the PCC employed an aclminisir>ior. and a youth worker Ideaner LIABILITIES18ee also footnote to Not¥ 3 Ibll Amount8 ljlllng due wlthln 1 yoar Accruals and tleferred Income 0.00 RESTRICTED DEPOSIT FUND CCLA FVNO DETAILS Movèmgnt of rnsourcè• Translers betwèèn funds 8alan¢• at stsrt of 2024 8alanc& at end of 2024 Out of fund St Mithael's churchygrd Organ Chèpel FuTrd Renewal Fund Reserve Sundry Fund5 4,226,92 2,952.32 906.08 103,091,74 12,085.97 713.03 4,226.92 3,109.02 954.17 J08,443,23 12,727.47 -731.03 -731.03 123,976.06 129,460.81 -731,03 -731.03 Pale 14