**The Parochial Church Council of The Ecclesiastical Parish of St Michael, Flixton** **Charity number 113769** ## **Independent Examination** **For the year 1[st] January to 31[st] December 2020** 1 ## **Contents of the Independent Examination** Page General Information 3 Accountant’s Report 4 Receipts and Payments Accounts to 31[st] Dec 2020 5 2 TRUSTEES Rev Huw Daniel Thomas Paul Middleton Anna Scarisbrick Barbara Lynn Pye Sue Jane Middleton Jennifer Ann Durber Deborah Ann Gould Ruth Elizabeth Boyd Nicola Jayne Stubbs Karen Deborah Sanders Paul Leslie Bailey Andrea Walsh ADDRESS: The PCC of The Ecclesiastical Parish of St Michael’s 18 Western Road, Flixton, M41 6LF ACCOUNTANT: Mrs. Caroline Boardman CPA Fellow of Certified Public Accountants. Membership number 01340618A 3 ## ACCOUNTANT’S REPORT This is the second year that I have independently examined this charity’s accounts. I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st December 2020. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Banking has now moved online as planned which makes the financial management much better and easier for the treasurer. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were kept in accordance with section 130 of the Charities Act. - the accounts agree with the accounting records - the accounts comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008, other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. The budget for 2020 was set pre Covid-19. Income and expenses were both lower than expected but this is understandable due to the pandemic. A budget for 2021 is yet to be done as getting back to “normal” is still unknown. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Dated: 25th March 2021 Name: Caroline Boardman 4 ## **St Michaels Flixton Annual Financials** |
|**2020**|**2019**| |---|---|---| |

**Income**
||| |Planned Giving|20,319|27,544| |Gift Aid|1,979|4,259| |Loose Collections|2,084|8,334| |Other Donations|9,192|4,308| |Events|68|1,234| |Charities|1,455|1,483| |Fees|1,864|17,364| |Tax Back|6,191|8,729| |Coffee|68|388| |Church Croft Rent|7,386|6,545| |Church Croft Letting|1,395|6,154| |25 club|1,960|0| |Tower Fund|0|1,882| |Interest on deposits|41|93| ||**54,002**|**88,318**| |**Expenditure**||| |Parish Share|35,240|44,955| |Church Running|15,054|16,159| |Services/Events|131|141| |Charities|2,159|664| |Salaries|0|11,305| |Organist, Verger, Clerk|1,355|| |Clergy Expenses|683|922| |Admin|249|992| |Church Croft Running|5,594|5,203| |Fees||6,625| |Major Works||420| ||**60,465**|**87,386**| |
**Surplus / (-Deficit) **|**-6,463 **|**932 **| 5 ## **Treasurers Report 2020** 2020 was a challenging year due to the coronavirus pandemic. Funds were carefully managed throughout the year, arriving at a deficit of net receipts and payments of £6,463, and a reserve balance of £61,624. Reserves fell short of the target reserve policy by £4,000, and this was due to the PCC’s decision to sacrifice some reserve in order to pay some but not all of the parish share. Total receipts were 34% lower than 2019. From March, lockdowns and restrictions meant no services or limits on congregation numbers and an end to all room hire income. Thankfully the flat tenancy was maintained all year, a church “25 club” lottery was introduced from April, digital donations were encouraged such as online shopping through Easyfundraising and donating via the website, and a “Generous July” fundraising campaign was held. Payments were 25% lower than 2019. Only completely necessary costs were incurred. 73% of the Parish Share was paid, and this was due to the need to sustain reserve levels, given the unfavourable outlook in 2021 combined with the impending requirement to fund major building works. In June we moved to online banking with The Co-Operative Bank. This had been agreed at the end of 2019 but took six months to implement. This has streamlined the processes for payments and bookkeeping. **Outlook for 2021** : Covid has hit everyone hard and the pandemic continues into 2021. Despite this, the church will continue to move on and continue its mission whilst carefully managing funds, adopting appropriate, creative and sustainable fundraising methods, and protecting its beautiful building. Accompanying the challenge of the pandemic is the need to find volunteers for Gift Aid administration duties, as well as fundraising both the major building works and general ongoing costs. 6 Recoiptg & Payments Accounts for the Parochial Church Council of St Mi¢haol'3 Flixton For the period 1st Jan 2020 to 31&t Dec 2020 Unre￿nC￿ Fur*5 Fund5 E￿￿*￿ent Fur￿5 TOTAL >)2D PRPJRIEAR X1 R•cdpts 10 p￿￿n 4.2Sg .729 27.544 8.334 I￿rp￿nn￿ 9Mng clions D￿l￿d￿￿lIDn5 Sundryd￿&tI￿S ).319 2,042 6.459 39.553 2042 Grams 1.454 L￿ttl&S 1.454 10.739 10.739 1¢ 1.395 F.38T 8.154 Rwrt 25￿bLO T,3B7 1.&)7 FÈ1ès& 6B 10. 17.184 ￿￿￿d5& Incl￿1 eny reckiimthts capwrw 4? 47 93 42 42 93 TOTAL RECEIPTS 1,734 64.N2 81.693 2a GMJIS & chaTrta Cnurcn mis510n & Om￿ChU[chS￿￿8% 2.159 2.159 2b A￿￿￿￿5re1￿lO￿lO Chwch MIn￿ry D￿ceS&￿ Shore Ck19y EJpEn 35.240 44.955 Rurthi￿ th- Runhiw EApènsès Cknurch MaIn￿nanC￿ Cthurch mliorwt Upko8polchurchyard v￿r. S Ory￿￿5ts costs Sc 7,328 13,1 1.yjl 420 1.D)I 7.71 1.355 5T.926 57. 76. pthin￿r￿n 249 249 249 J2 3d Cos15 FÉtès&rthÈrTur￿r1￿ngth￿ TOTAL PAThIENTS ?,159 fy).40$ 64B3 C85fy 6&.0￿9] 61,￿35B ¢71Nf9 6B,Q8693 Bank Accounts and Other Assets- Parochial Church Council of St Michael's Flixton Bank accounts and other assets as at 31 December 2020 2020 2019 2018 2017 2016 Bank Accounts Current account Deposrt account (RBS) Investment acc with National Sawngs Bank Various acc. Held by Diocese (book value) Total 60,779 24,043 43,2C6 839 23,203 43,119 832 20,310 63,058 826 13,331 97,525 22,531 82,708 817 13,331 119,387 61,624 68,087 67,155 Funds General - Unrestricted Roof Tower Project - Restncted Charity fundraising - Restircted 59,462 2,162 65,385 1,882 819 68,087 67,155 97.525 119,387 61,624 67,155 97,525 119,387 Fixed assets (nominal ￿lUe) 348 Church Road Church Croft 65,000 286,870 65,000 286,870 65,OCK) 286,870 65,0 286,870 65,CK)O 286,870 ## **St Michaels Flixton PCC Notes to Accounts 2020** ## **1. Restricted Funds** Restricted Funding and Expenditure is split between the major project to repair the church tower and charity fundraising: Note that the funding for charities is shown as a surplus because some funds are yet to be paid/cheque cleared by recipient. Total funds raised and paid for other entities in 2020 is broken down as follows: |||income||expenditure| |---|---|---|---|---| |BiblesforSchool Leavers||350||375| |NHS (Covid)||627||631| |Delamere School||403||403| |StretfordFoodBank||75||75| |Christingle2019, Childrens Soc||||428| |2019 ChoirConcert, CityMission||||247| |Total Raised||1,454||2,159| ## **2. Explanation of Year on Year Main Variances** - a) Income from planned giving, donations and collections was lower than 2019 by 25% due to the covid pandemic. Services were not held in church for many weeks and when church was reopened congregation numbers were limited. Digital donations were actively encouraged in online services and weekly newsletters and helped somewhat to close the gap. - b) Fee income and associated costs were also lower due to the covid pandemic, with no weddings being held, and fewer baptisms and funerals, with severely limited attendance numbers. - c) Only 73% of parish share was paid this year, again due to covid. The PCC discussed and agreed that reserves needed to be managed carefully given that the pandemic will continue to negatively affect financial performance in 2021. This therefore meant that the parish share could not be paid in full. 9