## **St Michaels Flixton 2022 Accounts and Financial Report** 

## **Treasurers Report** 

The church ended the year with a small surplus of £2,582. 

Despite the church opening up in 2022 following the recovery of the pandemic, income from planned giving, collection plate and donations has reduced the prior year. At £37,914 it is over 15k / 40% lower than in 2019. Fee income net of disbursements increased on 2021 by £1,603k. 

Income from activities to generate funds doubled on 2021, reaching £20.845. The majority of this was due to the new tenancy on the croft flat in July, whereby the arrangement was to take a full year of rent up front. Earnings relating to 2023 have been designated in reserves. The Croft opened up for room hire part way through the year and this generated £2555, which was still lower than prepandemic levels. 

Much hard work was placed on fundraising activites with a total of  £5193 generated from fairs, a jumble sale, cream teas and coffee mornings, choir concerts, beer and carols, DJing and appeals. This was almost double the amount raised in both 2019 and 2018. 

The PCC managed to pay 59% of its parish share. The full amount could not be paid because it has been agreed to aim to maintain a reserve of £60k. 

Church running expenses were high due to heating charges. The gas contract renewed in May 2022 and prices had tripled due to the war in Ukraine. It is expected that running costs will be higher in 2023 as we see the full year effect of the new gas contract. Effort was placed on finding the best deal and a grant application has been made to the Diocese to assist with these costs in 2023. 

Major works of £3,600 relate to the building feasibility study which took place in the final quarter of the year. The PCC met in February 23 to look at proposals to make the building more fit for purpose to improve its sustainability from a missional, financial and environmental perspective. 

Reserves were £65,182. The church will continue to hold a minimum reserve policy of £60,000 which represents 3 months of operating costs, a £25k building reserve and the remainder of the annual up front flat rental income to renewal in June 23. 

Thank you to all members of St Michaels Church for your generosity in 2023, whether that be through financial giving or donating your time. 

With thanks, 

Anna Scarisbrick, Treasurer 



## **Independent Examiners Report** 

This is the fourth (and final) year that I will be independently examining 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 2022. 

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. 

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. 

Income has increased, but compared to pre pandemic levels it is much lower. The church have plans to get a digital collection plate which will make it easier for church visitors to donate and there are plans to start up regular giving campaigns as they haven’t done any for a few years. 

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: Caroline Boardman Dated: 16th March 2023 

Name: Caroline Boardman 



Re¢oipts & Poymgnts A¢¢ountg for thg ParochiBI Church Council of St Mi¢h801'$ Flixton
For the p•riod 1st Jan 2021 to 31st D8t 2022
F￿S
r*5Mcl8a Funas
En￿￿￿￿1 Funas
TOTAL 2012
PRV)R YEAR2021
Ret￿pts
la
Flinr￿d
GfflAd thnthn5
Inromp￿x Ifjcr￿er
5.3
20.463
3,991
6.676
Oth￿
c￿ll￿n$(l￿n
20.463
3.3T6
ndrydttnèlittnl
324
Gt&r
877
iè>
87F
1c acrThrf￿
1d I￿))J￿
Church Crofi Lthn9S
fténl
25 Club Lr**y
2.5
2.5
I,F20
1,72Q
I,g&5
FFIFs &otsrfiJrf ￿151￿
20.4
19
DMdÈnd>& Intèr￿ In¢luding
ny
TOTfvLRECEIPTS
66.764
1,536
67.3
66.299
Grsrrls
& tharw
lIs51￿￿ Church
MI551￿ &(thrChu￿h￿￿thS
klinisty D￿C9s8￿ P8nsh Sharo
C*qy Evn5e5
CMrth CrD
31.150
2.169
31.FS0
2.1
Runningco3ts
Church- ￿jnnIng EJtWW5
4.550
4.550
15.
2.789
526
526
528
Church M4Orw￿
kw ofchurchyd
Ver9Fr. Cktk. 8 we￿￿c0s￿
240
3.745
622
62292
min15tr
BBnk ChBtg&5
378
624
3T8
C24
&thrfrJndr8151ry
373
373
TOTALpAYfENTS
14yt0fR￿ty/PUYrn￿I
gYT
62.6W
61.623
62,ICO

Bank Accounts and Other Assets - Parochial Church Council of St Michael's Flixton
accounts and other assets as at 31 Decernber 2022
2022
2021
2020
2019
2018
2017
Bank Accounts
Cutrenl account
Deposit account IRBS}
Investment acc wth National Sawngs Bank
Vorious occ. Heky by Diocese Ibook value)
Total
64,337
61,756
60.779
24,043
43,2(
839
23,203
43,119
832
20,310
63,058
826
13,331
97,525
65.182
62,601
61,624
68,087
67,155
Funds
General- Unre51ricled
Roof Tower Project - Restricted
Charity fundraising - Restricted
WiFi fundraising - Reslricled
Fkt Rental - Designated
56.802
3,302
59,250
3,302
48
56,439
5,184
65,385
1,882
819
67,155
97,525
330
4,583
65.182
62,601
61.624
68,087
67,155
97.525
Fixed assets (nominal value}
348 Church Road
Church Crofi
65,000
286,870
65,0
286,870
65.000
286,870
65,txJo
286,870
65,000
286,870
65,000
286,870

5t Mi¢haels Flixton PCC Note¥ to Accounts 2022
1. Restricted Funds
R8striclad Funding and EX￿nditur8 is s￿rt b8tsY88n th8 rnaior prq8Ct lo repair the church tOW8r. charty fundr8i51ng.
and WIFI crowdftJrbOing
Tower Fund
Charthes
WIFI
Total Reskncled
Openlng Bal Jan 1¥t 22
3302.00
4B.32
3350.32
Oonthons
Appaals
420 (N)
1536.18
Re8td¢tod In￿me 22
3302.00
1164.60
420.00
4886.60
Admin
Church running
H(xne mission
7835
7835
g98 18
998.18
Regtdcted Expendtture 22
99B.18
9D.35
1088.63
Closing Restricted Fundg
3302.00
166.32
329.65
3797.97
Nol8 thalth8 funding for charthes Is shown as 8 Surplus becau58 some funds are to b8 carri8d forward into 2023
Total funds raised and paid for other enbties In 2022 15 broken dovm as folDWS."
income
8xpondilur8
938
DEC Ukrain8
Ghnslian Aid Week
Stretford Food Benk
Total Ra15ed
938
P8Jd Jan 23