Annual Report and Financial Statements of the
Parochial Church Council of Lichfield St
Michael and St Mary
st
For the year ended 31 December 2024
Charity registration number.. 1139017

DIOCESE OF
LICHFIELD
The Parochial Church Council of Lichfield St Michael and St Mary
Trustees, Annual Report for the year ended 31st December 2024
Charity registratlon number.. 1139017
Objectives and Activities
The Parochial Church Council of Lichfield St Michael and St Mary (the PCC) has the
responsibility of co-operating with the incumbent, the Reverend Abbie Walsh, in
promoting in the ecclesiastical parish, the whole mission of the Church. pastoral,
evangelical, social and ecumenical. The PCC is also spiritually responsible for the
maintenance of the church
The PCC is committed to enabling as many people as possible to worship at our
church and to become part of our parish community at Lichfield St Michael and St
Mary. The PCC maintains an overview of worship throughout the parish and makes
suggestions on how our services can involve the many groups that live within our
parish. Our services and worship put faith into practice through prayer, scripture, music
and sacrament. Also, through non - sacramental activities of hospitality and fellowship
we aim to reach non churched members of the community.
Public Benefit
The trustees of the PCC are aware of the Charity Commission's guidance on public
benefit in The Advancement of Religion for the Public Benefit and have had regard to
it in their administration of the Charity. The trustees believe that, by promoting the work
of the Church of England in the Ecclesiastical Parish of Lichfield St Michael and St
Mary it helps to promote the whole mission of the Church (pastoral, evangelistic, social
and ecumenical) more effectively. within the Ecclesiastical Parish, and that in doing so
it provides a benefit to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual
development, both for its members and for anyone who wishes to benefit from what the
Church offers., and
Promoting Christian values and service by members of the Church in and to their
communities. to the benefit of individuals and society as a whole.
Our Vision:
(based on the Diocesan Vision Statement)
As we follow Christ in the footsteps of St Chad, we pray that the people in our
parish encounter a church that is confident in the gospel, knows and loves the

community, and is excited to find God already at work in the world. We pray for
a church that:
reflects the richness and variety of our community and is intentionally
inclusive.
partners with others, especially St Michael's School. in seeking the
common good and working for a more just world.
recognises and responds to God's call to be good stewards of creation.
offers opportunities for everyone to grow in faith and active
discipleship.
Achievements and Performance
Rector's Report
This year has been a year marked by both change and faithfulness for our
community. We have continued to worship faithfully in a manner that I think truly
reflects both our faith in God and the diversity of our gathered community. This
includes not only our Sunday Services in Church, but also our Festivals, our
Children's Ministry and our worship with those in carelresidential homes or their own
homes. From this worship flows our commitment to serve God in the world,
including our pastoral visiting, our ministry to the bereaved, our schools work and our
care of the natural world - celebrated in working towards an Eco Church silver
award. This year we welcomed two new members of staff - a new Administrator,
Alex, and a new Director of Music, Edmund, who have both become beloved
members of our community. We also elected a new Churchwarden, Steve, who has
done an excellent job of caring for both our building and the people who gather here,
in ways that are often invisible and go unnoticed. We marked Rev'd Ruth Bull's
retirement in June 2024, giving thanks for her faithful and fruitful ministry here. She
remains a much-valued member of our community.
l am truly grateful to the contributions of all who commit their financial resources,
time, gifts and prayers to the life of our Church - the list is too many to list
individually.
Our challenges for the coming year include continuing to reach out to new
generations, growing our worshipping community, developing more confidence in
mission and evangelism, improving our financial confidence and completing our
Parish Centre project. For these tasks we must be both faithful and courageous in
prayer, in receiving Christ in the Eucharist, in care for one another and in
commitment to welcoming new members and making the love of God known in our
parish. May God speak to us and guide our steps, and may we have the courage to
listen and to go where he leads us.
Rev'd DrAbbie Walsh

Electoral Roll Report
At the end of 2024 there were 146 people on the electoral roll of whom 12 were
resident outside the parish. This was a decrease of 2 from the previous year. A new
electoral roll will be prepared prior to the 2025 APCM in common with every parish in
the Church of England. All worshippers are asked to complete a new application so
that their names can be included.
Mike Godfrey
PCC Secretsry's Report
Both PCC and standing committee met six times during the year. Standing
committee normally meets two weeks before PCC to set the agenda. PCC meetings
continue to follow a standard agenda including ministry, church buildings and
churchyard and finance.
Under ministry PCC has received regular reports from and provided feedback to the
rector on worship, mission and pastoral matters. The relationship with the school
continues to flourish with young people involved with leading the Family Communion
Service. Both a Safeguarding action plan and pastoral visiting guidelines were
approved.
PCC have also re￿iVed regular updates on the new parish centre and the
quinquennial review took place during the year with the outcomes reported in 2025.
Discussions continued on the electrification of the church clock and raising funds for
the work. Plans to put in a new AV system continue.
Outside the church, PCC has received regular reports on matters to do with the
upkeep and maintenance of the churchyard and has approved Faculty applications
to the diocese to install a new bench. Discussions also took place on options to
increase the number of spaces for interment of cremated remains.
PCC also received regular reports on the preparation and approval of the annual
accounts to the diocese. Ways of increasing regular giving were also discussed.
If you want to know more about the work of the PCC or get more involved please
look for the approved minutes on the notice board at the back of church. In addition,
periodically there will be summaries in the church magazine of what was discussed
at pcc.
Veronica Morris, PCC Secretary

2024 Church Fabric
The most important contribution to ongoing church maintenance was the
Quinquennial Inspection report. Recommendations covered the Church Exterior..
Masonry, Leadwork, Roofs, Gutters and Church Interior, including an order of priority
and preventative actions.
Priorities for example are annual gutter clean, leadwork and roof maintenance.
Regarding ongoing maintenance, a working party is being set-up to apply for grants,
e.g. Heritage Lottery Fund and the Staffordshire Historical Churches Trust.
The most important maintenance jobs carried out in 2024 were roof maintenance (a
grant was kindly provided by St Michaels, Trust), electrical circuit safety testing,
installation of fire extinguisher stands and the annual Gas service.
Stephen Oliver, Churchwarden
Deanery Synod Report
The Rector is Assistant Rural Dean, and Lay Representatives to Deanery Synod are
Ted Green, Trevor James (until Nov 24) and Steve Oliver (until the 2024 APCM).
Normally there are four meetings a year. but there were only three in 2024.
February 2024 by Zoom. The main speaker was Anthony Verduyn, Chancellor of
Lichfield Diocese. Anthony answered questions on his role. which involved making
legal judgements on changes to church buildings and furnishings, and on
churchyards. Both could be contentious. but faculties on buildings and furnishings
had usually followed a detailed route through the Diocesan Advisory Committee
(DAC) and were ready for approval when they reached him. Churchyard decisions
were more emotive and needed to be handled with sensitivity. The main aim was to
avoid changing the ethos of a churchyard. In answer to two particular questions, he
counselled that PCCS think very carefully before trying to install air and ground
source heating systems, but he said that he was sympathetic to the fitting of solar
panels to church roots as long as the scheme had been well thought through.
June 2024 at St Chad's, Lichfield. Revd Simon Foster explained the Diocesan
initiative on Parishes and Growing Faith in the Next Generation. There are nine
goals, including..
Grow our worshipping community by 34,000 new disciples.
Aim for 30 new ordinands and 30 new local lay ministers a year.
Every parish to have a detailed plan for engaging with the local community.
Aim for a strong connection between every primary and secondary school and their
parish church.
Lower the age profiles of our congregations.
September 2024 at St Anne's Chasetown. The main speaker was Clare Whitney
(Diocesan Learning and Development Officer) who explained the changes to the
training for Lay Readership Ministry. The new course includes seven modules..
Reflection on Discipleship, Theology Mission, Evangelism, Worship in the CofE,
Public Ministry, Pastoral Theology and Foundations in Christian Faith.

The November meeting was cancelled at short notice as a heavy fall of snow made it
unsafe to drive to Gentleshaw.
Ted Green, Deanery Synod Representative
Elizabeth Logan Parish Centre - update April 2025
Parish Centre progress has been a mixed picture over the last 12 months. Leaps
forward have been made with the technical design, this having reached RIBA stage 3
which is a significant milestone. Heating, lighting and structural design have been
completed to a stage where it has been possible to make cost estimates for
construction and would be possible to hold a tender process for a building contractor.
More difficult has been progress with permissions. We have been receiving
feedback on the designs from the Diocesan Advisory Committee (DAC) - DAC is the
body which gives advice to the Chancellor who will make a decision on permission
for the works. After three consultations with DAC, there is still broad support for the
principle of the rooms, but we are still receiving feedback on and therefore altering
the aesthetic of the design.
The next stage is to carry out significant consultations, both with the public,
congregation and statutory bodies such as Historic England. Any feedback will be
taken account of before finally applying for planning permission from the District
Council and a full faculty from the Chancellor. At this stage, timeframes are a
moveable feast and depend largely on how many more aesthetic design changes
are required. However, we do anticipate that consultation will begin in earnest in
May.
Richard Brooks and the Parish Rooms team.
Other Activities- List of activities
Children and Youth Wo
First Steps
Messy Church
Homework Club
Junior Choir
Our Worshipping Life
Bell ringers
Music Department
Church Fellowship
Mothers. Union
Film Club
Walking Group
Sewing Group
Fellowship afternoons
Charitable Work

Pathway Project Toy Service
Lichfield Foodbank
Water Aid Collection
Angel Tree Collection
Macmillan Coffee Morning
St Giles Hospice Collection
Children's Society Collection
Church Army Collection
Schools
St Michael's VC Primary School
Scotch Orchard Primary School
Financial Review
In 2024 accounting for statutory and local fees was transferred to the My Fund
Accounting On Line (MFAOL) platform as part of the main PCC account and now
appears in the consolidated accounts. Much of the income going through the fees
bank account is collected on an agency basis for the Diocese and other
beneficiaries. Income not proper to the PCC is not included in the PCC accounts.
General Fund.
Receipts- In 2024 our giving levels rose by £5,436 to £89,721, mainly as a result of
the patronal appeal and members of the congregation generously increasing their
regular giving. Tax recoverable on gift aided donations was lower than in 2023
because receipts in this year reflect two quarter's refund only. Fee income shows a
significant increase over 2023 but now also includes funds held in the fees bank
account prior to distribution. Magazine sales income fell in 2024 reflecting the
declining number of subscribers. Invoices for magazine advertising were issued in
early 2025 and are therefore not included in the 2024 accounts. Fundrasing in 2024
totalled £375 and included refreshments at concerts and income from "talents" such
as knitted toys, herbs and crab apple jelly. We received £300 grant from Lichfield
Diocese towards the replacement of our contsctless donation machine. Total income
for 2024 came to £106,172 in comparison with £97.754 in 2023.
Payments - Costs decreased considerably from £113,927 in 2023 to £103,290 in
2024 mainly as a result of two factors.. we received £3,933 from SSE following
resolution of our dispute with the electricity supplier and my thanks go to John Polhill
and Sue Jones for their persistence where this is concerned. In addition
maintenance fees were considerably lower: we incurred a total of £5798.25 in
maintenance costs of which £1,440 related to roof repairs and associated architect
fees. A further £1,500 was spent on urgent repairs to the roof funded by a grant from
St Michael's Trust. Mission & outreach activities totalled £1,752 in 2024 in line with
£1.674 incurred in 2023. Salaries for staff rose in line with the Real Living Wage
Foundation and RSCM recommendations.

Charity Collections
In 2024 the following sums have been paid out: Angel Tree Swinfen £195,. St Giles
Hospice £132. Children's Society £510; Church Army £215,. Wateraid £187.
Capital Funds
Clock - Donations towards the repair and ultimate electrification of the tower clock
amounted to £213 in2024..As at 31 December the Clock Fund stood at £2,187.
Roof-As noted above a grant of £1,500 was received from St Michael's Trust
towards roof repairs together with £924 VAT refund from the LPOW scheme.
Capital Development Funds (Parish Centre)
The Capital Development funds earned £972 in dividends and interest in 2024. In
2024 the project made strides towards the RIBA3 stage and spent £36,753 on
architect and project management fees, structural and electrical surveys. The
balance in the fund amounts to £645. The Diocesan Trust which holds the proceeds
of the church hall land sale earned £34,972 interest in 2024 and the balance in the
account totals £693,842 at 31 December.
Churchyard Fund
A grant of £2,380 was received from Lichfield City Council towards the maintenance
of the open churchyard and a further £200 was received by way of Community
Grant.
Curate Fund
The Curate Fund earned £1.440 in interest and dividends. Income received from
this source is restricted to the support of the costs of curates and assistant
ministerslstaff and paid out £551 in 2024.
Investments
The value of funds held in the CBF investment account increased by £1,859 during
2024. As a result of spending on the Parish Rooms project investment funds were
transferred between the Capital Development Funds and the General and
Churchyard Designated funds. Remaining funds in the account continue to be held
by the Curate, Churchyard Restricted and Hill Grave funds.
As usual I must thank all those who contribute to the management of church
finances in particular the counting teams and Alan and Pat Toplis as Fees
Treasurers.
Reserves Policy
It is PCC policy to try to maintain a balance on free reserves (net current assets)
which equates to at least three months unrestricted payments. This is equivalent to
£25,822 (2023.. £28,482). It is held to smooth out fluctuations in cash flow and to
meet emergencies. The balance of the free reserves at the year-end was 19,726
(2023.. £33,375) which is rather lower than this target.
Investment Policy
The charity is granted power to invest in suitable investments under the PCC Powers
Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to
take such advice as is appropriate before investments are undertaken. This advice is sought
from the Central Board of Finance (CCLA) in London.

The charity's investment policies are based on two key principles..
Ethical Investment
this includes ensuring that investments are held in
companies which have high standards of corporate governance and act in a
responsible way towards stakeholders.
Long-term responsibilities
the trustees are aware of their long-term
responsibilities in respect of the Restricted and Unrestricted reserves and as a
result follow a prudent approach to investment decisions.
Investment policy for long-term funds is aimed primarily at generating a sustainable
income, with due regard to the need for the preservation of capital value, and the
possible need to realise investments to meet operational needs. The charity does not
have a policy of generating income at excessive or high risk - known as "purchasing
income" where high returns are guaranteed at the expense of capital.
In summary, the charity has an overall policy to maximise income while preserving the
real value of its funds. Due to the nature of the charity. an ethical investment policy is
taken into consideration when investments are made:
The charity follows the Ethical Investment Advisory policy as recommended by the
Lichfield Diocese which includes the following:
"We aim to invest in companies that:
will develop their business in the interests of shareholders.
demonstrate responsible employment practices.,
are conscientious concerning issues of corporate governance, the environment
and human rights"
are sensitive to the comrnunity in which they operate."
Planned giving, collections and donations are the main sources of fund raising along
with tax recoverable.
Related Parties
Donations from Related Parties
Donations from related parties during the year totalled £25,907 (2023: £29,649). AII
these donations were received without conditions.
Remuneration paid to Trustees
In 2024 the cost of employing David Easton. a trustee of the PCC, was £1730 (2023:
£1,694) by the PCC during the year for his role as churchyard steward. He does not
participate in PCC discussions in connection with his employment. No pension
contributions or benefits were made by the PCC in connection with this employment.
Expenses paid to Trustees
1 trustee was reimbursed £220 (2022." £211) for phonelbroadband and mileage
during the year.
No other expenses were paid to any other PCC member. persons closely connected
to them, or related parties.

Safeguarding
The PCC has complied with its duty under section 5 of the Safeguarding and Clergy
Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on
safeguarding children and vulnerable adults). Safeguarding is a standard item on all
meeting agendas. It is a subject matter that is taken very seriously by the PCC and
appropriate strategies are decided upon to ensure we are fully compliant with best
practice and guidance.
There is now a Benefice Safeguarding team who meet regularly. At present this
consists of the Rector. Safeguarding Coordinator, and the two Parish Safeguarding
Officers.
AII PCC members must complete a DBS check and also Basic and Foundation of the
Diocesan Safeguarding training. At present, this is the case. Our Churchwardens and
leaders of certain activities have completed Safeguarding training. The Rector and
both Parish Safeguarding Officers have completed the Leadership level of
safeguarding training. The Parish Administrator has completed the Safer Recruitment
Training, as well as the Basic & Foundation modules.
The Safeguarding Team
Reporting Serious Incidents
A Serious Incident is an adverse event, whether actual or alleged. which results in or
risks significant harm to the charity's beneficiaries, employees, office holders,
volunteers or to others who come into contact with the charity through its work, loss
of the charity's money or assets, damage to the charity's property or harm to the
charity's work or reputation.
The trustees are not aware of any Serious Incidents in the last year.
Fundraising
The PCC takes its fundraising responsibilities seriously and is very grateful to all
donors - whether regular or occasional - for their support of the church and church
events. PCC supporters are never taken for granted. The PCC take full
responsibility for fundraising and do not use commercial organisations or
professional fundraisers. All money raised is either by donations, fundraising events.
special appeals or legacies for which the PCC are most grateful. Details of such
income is included in the Treasurer report.
Volunteers
The members of the PCC would like to thank all the volunteers who work so hard to
make our Church a lively and vibrant community. Our especial thanks go to our
church warden Stephen Oliver.
Risk Management
The Church Wardens, H&S Officer and Safeguarding Team carry out regular Health
and Safety Reviews and regularly inspect premises for potential hazards. We have

safeguarding policies in place for child protection and for work with vulnerable adults,
including rigorous DBS checking of staff and volunteers. Our insurances are
reviewed annually to ensure adequate cover. An informal review of any new risks
which may impact the work of the Church in the Parish is ongoing.
Structure, Governance and Management
The PCC is a Body Corporate established by the Church of England and is a Charity
registered with the Charity Commission. The PCC is governed by the Parochial
Church Council Powers Measure (1956) as amended that came into effect on 2nd
January 1957, and the Church Representation Rules (contained in Schedule 3 to the
Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church
Representation Rules. The Council comprises the Incumbent, the Churchwardens, a
representative of the Readers, those elected to the Deanery Synod, and other
members who are elected at the Annual Parochial Church Meeting, by those on the
Electoral Roll. The PCC members receive training from courses run by the Diocese.
Members of the congregation are always urged to join the Electoral Roll, and to
stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general
concern and importance in the parish, and for all financial matters. The PCC meets
bi-monthly. Given its responsibilities, the PCC has a number of sub committees,
each dealing with a particular aspect of parish life. These include the Ministry Team,
Safeguarding Team, Parish Rooms Team, Churchyard Team and Finance Team.
Each reports back to the PCC with reports of their discussions and actions.
Reference and Administrative details
The Church is situated in Church Street, Lichfield WS13 6ED and is part of the
Deanery of Lichfield. in the Diocese of Lichfield. The correspondence address is The
United benefice Office, St Michael's Church, Church Street, Lichfield WS13 6ED.
Registered charity number 1139017. Our website address is:
htt s.'/lwww.stmichaelma
ohn.or
-uk1
PCC members who have served from 1st January 2024 until the date this report was
approved were:
Ex Officio Members
The Incumbent
Non-stipendiary
Abbie Walsh (Chair)
Ruth Bull (until June 2024)
Churchwardens
Susan Jones until 19 May 2024
Stephen Oliver from 19 May 2024
Brenda Liptrot until 19 May 2024
Peter Hawksworth from 19 May 2024 until 31 August
2024
Deanery Synod Reps
Trevor James until November 2024
Edward Green
Stephen Oliver until 19 May 2024

Elected Members
Maureen Brand
Richard Brooks
David Easton
Michael Godfrey (Lay Vice-chair)
Susan Jones from 19 May 2024
Michael Jones until 19 May 2024
Vivien Oliver (Treasurer)
David Shiel from 19 May 2024 to 31 August 2024
Joseph Sneddon
Alan Toplis
Alison Stevens
Sheila Irvine
Samuel Venables from 19 May 2024
Officer of the PCC
(attends buf does not vot&)
Veronica Morris (Secretary)
Names and addresses of advisers
Bank
Lloyds Bank
22 Conduit St, Lichfield WS13 6JS
Investment
Managers
CCLA
1 Angel Lane, London EC4R 3AB
Independent
Examiner
Jonathan Hill
Lichfield Diocesan Board of Finance
St Marys House, The Close. Lichfield WS13 7LD
Approved by the PCC on .
zz l.* l..LS . 2025 and signed on its behalf by:
Reve
Abbie Walsh (Chair)
Mike Godfrey (Vice Chair)

Independent Examiner's report to the trusteeslmembers of The
PCC of The Parochial Church Council of Lichfield St Michael and St
Mary
Registered charity number.. 1139017
I report on the accounts for the year ended 31$1 December 2024 which are set out on
the following pages.
Res
ective res
onsibilities of the Trustees and Inde
endent Examiner
The charity's trustees 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,
to follow the procedures laid down in the General Directions given by the
Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of Inde
endent Examiner'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.
Inde
endent Examiner's Statement
In connection with my examination. no material matters have come to my attention
which gives me cause to believe that in any material respect..
accounting records were not kept in accordance with section 130 of the
Charities Act or
the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which
attention should be drawn in order to enable a proper understanding of the accounts
to be reached.
Signed:
Date:
Jonathan Hill FCMA CGMA

Lichfield Di0￿san Board of Finance
St Mary's House. The Close, Lichfield WS13 7LD
The Parochial Church Council of The Parochial Church Council of
Lichfield St Michael and St Mary
Financial Statements for the Year Ended 31 December 2024
st
Accounting Policies
The financial statements of the PCC have been prepared in accordance with the
Church Accounting Regulations 2006 using the Receipts and Payments basis.
There may be minor discrepancies in the totals as the pence are not being shown.
Fixed Assets
Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C)
of the Charities Act 2011.
Moveable church furnishings held by the Vicar and Churchwardens on special trust
for the PCC and which require a faculty for disposal are inalienable property. listed in
the Church's inventory. which can be inspected (at any reasonable time). For
anything acquired prior to 2000 there is insufficient cost information available and
therefore such assets are not valued in the financial statements.
Description of Funds
Unrestricted funds are income funds of the PCC that are available for spending on
the general purposes of the PCC, including amounts designated by the PCC for fixed
assets for its own use or for spending on a future project and which are therefore not
included in its "free reserves" as disclosed in the trustees, annual report.
Restricted funds comprise of two elements:
a) income from trusts or endowments which may be expended only on those
restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a
specific object. The funds may only be expended on the specific object for which
they were given. Any balance remaining unspent at the end of each year must be
carried forward as a balance on that fund. The PCC does not usually invest
separately for each fund. Where there is no separate investment, interest is
apportioned to individual funds on an average balance basis.
Endowment funds are restricted funds that must be retained as trust capital either
permanently or subject to a discretionary power to spend capital as income, and
where the use of any income or other benefit derived from the capital may be
restricted or unrestricted. Full details of all their restrictions are shown in the notes to
the accounts.

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Receipts and Payments Account
Prior
Unrestricted Designatsd Restricted Endowment Total year
funds
funds
funds
funds
funds total
funds
Receipts
Donations and legacies
89,721
Income from charitable activities 9.392
Other trading activities
2,780
Investments
1,279
Other income
3,000
Total incorne
106,172
300
5,990
96,012 101,624
9,392
11,337
2.780 5.348
42,087 25,721
3,000 3,000
153,270 147.030
2,039
3.797
34,972
2.339
9,787
34,972
Payments
Raising funds
Expenditure on charitable
activities
Other expenditure
Total expenditure
208
208
1,081
150,944 136.252
103,082
43,274
4.588
103,290
43,274
4,588
151,152 137,333
Net income I lexpenditurel
resources before transfer
2.882
140,935)
5,199
34.972
2,118 9,697
Transfers
Gross transfers between funds -
13,411
52,222
1.653
67,286 6.456
Gross transfers between funds -
out
other recognised gains I losses
Gainsllosses on investment
assets
Gains on revaluation, fixed
assets. charity's own use
Net movement in funds
117.013}
143,782)
16,4911
167.286} 16,456)
270
373
1,199
1,842 6,947
14501
132,122)
1,560
34.972
3,960 16,644
Reconciliation of funds
Total funds broughtforward
33.375
62.008
99,681
658.870
853.935 837.291
Total funds carried forward
Represented by
32,925
29.886
101,241
693,842
857.894 853.935
Unrestricted
General Fund
Designated
Capital {Generall Designated
Fund
Capital Development
Designated Fund
Churchyard Designated Fund
Flower Designated Fund
Heating Designaled Fund
Organist Fees Designated Fund
Restricted
Agency collection
Altar Furnishings & Vestments
Restricted Fund
Angel Tree, Swinfen Reslricted
Fund
Bells Restricted Fund
Biblelands Restricted Fund
32.925
32.925 33,375
2,239
2,239 2,120
547
547
32.984
24,592 24.586
232
163
1.118
1,059
1.158 1.096
24,592
232
1.118
1,158
159
159
159
1.769
1.769 1.562

Bike Rack Restricted Fund
Bishop's Ordination Restricted
Fund
Capital Development Restricted
Fund
Children's Society Restricted
Fund
Church Army Restricted Fund
Churchyard Restricted Fund
Churchyard Tap Restricted Fund
Clock Restoration Restricted
Fund
Coronation Tree
Curates Restricted Fund
Healing Restricted Fund
Hill Grave Restricted Fund
Lichfield Foyer Restricted Fund
Lighting Restricted Fund
Miss George Bequest Restricted
Fund
Music And Choir Restricted
Fund
Organ Restoration Restricted
Fund
Pathway Project Restricted
Fund
Rector & Warden Hodgsons
Rectory Redecoration Scheme
Restricted Fund
Retirement Restricted Fund
Roof Restricted Fund
Royal Biitish Legion Restricted
Fund
Sound System Restricted Fund
St Giles Hospice Restricted
Fund
USPG Restricted Fund
WaterAid Reslricled Fund
Window Restoration Restricted
Fund
Youth Outings Restricted Fund
Endowment
Church Hall Endowment Fund
264
264
250
99
99
3,436
16,323
284
16,323 15,513
284
269
2,187
2,187 1.974
1141
44,224 42.555
4.750 4,499
9.155 8,697
321
321
599
536
44,224
4,750
9,155
321
599
873
873
827
2,568
2,568 2.634
1,002
1,002 949
781
781
781
256
99
16931
231
231
8.988
8.988 8,512
942
892
942
5.668
5.668 5,668
693.842
693,842 658.870

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Statement of Assets and Liabilities - 2024
nated Restrictsd Endowment Total Last
Class and nominal code
General Desi
ear
Fixed Asset - Investments
6430= CBF Inv Fund 8130
12.072 17,456
6435-. 50/0 Treasury Stock 2025
1.972
Total
12,072 19.428
CurrentAsset- Cash At Bank And In Hand
6501-. Lloyds Current 4488
3,192
6505.. Lloyds Fees Account 5538 3,546
6510.. CBF DepositAccount 8129 14.041
6515.. LDT CBF Deposit 8598
6590: Pety Cash
Total
Liability- A9encyAccounts
6699.. Agency collections
Total
53.566
83,094 81,235
1.972 1.990
85,066 83,224
53,566
11.366)
9,619
224
38,056
11,445 14,634
3.770 999
63.921 96.131
693,842 658,870
75
75
773,052 770,710
11,824
693,842
75
20,853 10,457
47,899
693,842
224
224
224
224
Net total assets
32,925 29,886
101,241
693.842
857.894 853.935
ststement of Assets and Liabilities - 2023
nated Restricted Endowment Total Last
Class and nominal code
General Desi
ear
Fixed Asset - Investments
6430: CBF Inv Fund 8130
6435= 5,1. Treasury Stock 2025
Total
CurrentAsset- Cash At BankAnd In Hand
6501." Lloyd5 Current 4488
4,829
2,087
6505.. Lloyds Fees Account 5538 518
482
6510.. CBF DepositAccount 8129 27.954 28.583
6515.. LDT CBF Deposit 8598
6590.. Petty Cash
75
Total
33.375 31.151
Liability- Creditors: Amounts Falling Due In One Year
6601.. 2022 unpresented cheques
Total
28,867
1.990
30.857
52.368
81,235 74,249
1,990 2,029
83,224 76,278
52.368
7,719
14,634 34.468
999
1.965
96,131 90,970
658,870 638,410
75
75
770,710 765,887
39.595
658,870
47,314
658,870
4,874
4.874
Net total assets
33,375 62,008
99,681
658.870
853.935 837.291

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Balance Sheet detailed
Class and code
Description
Asat
3111212024
Asat
3111212023
Fixed assets
6430
6435
CBF Inv Fund 8130
5Yo Treasury Stock 2025
Total Fixed assets
83.094
1,972
85.066
81.235
1,990
83.224
Current assets
6501
6505
6510
6515
6526
6590
6595
Lloyds Curienl 4488
Lloyds Fees Account 5538
CBF DepositAccount 8129
LDT CBF Deposit 8598
Fees Cash Float
Petty Cash
2023 Overpayment LDBF Fees
Total Current assets
11,445
3,770
63.921
693.842
14,634
999
96.131
658.870
75
75
773,052
Liabilities
6601
6605
6699
770,710
2022 unpresenled cheques
2023 Unpresented Fees payments
Agency collections
Totsl Liabilities
Net Asset surplus {defieit}
224
224
857.894
853.935
Reserves
Excesslldeficitl to date
Starting balances
Gainsl{lossesl on investment assets
Total Reserves
Represented by Funds
General (Unrestricted)
Designated
Restricted
Endowment
Total
2.118
853.935
1.842
857,894
9,697
837.291
6,947
853.936
Z01
Z02
32,925
29,886
101.241
693,842
857,894
33.375
62,008
99.681
658,870
853.935
Approved by the PCC on ...IZ
2025 and signed on its behalf by:

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Fund movement summary- 2024
Fund
Altar & Vestments Res
Restricted
Sub-totals
enin
Incomin
Out
oin
Transfers GainslLosses Journals Closin
159
159
159
159
Bells Res
Restricted
Sub-totals
1.562
1.562
207
207
1.769
1.769
Bike Rack Res
Restricted
Sub-totsls
250
250
14
14
264
264
Cap Dev Des
Designated
Sub-totals
32.984
32.984
681
681
36.753
36.753
3.628
3,628
547
647
Cap Dev Res
Restricted
Sub-totals
3,436
3,436
291
291
13.628)
{3.628)
99
99
Cap Gen Des
Designated
Sub-totals
2.120
2.120
119
119
2.239
2,239
Church Hall End
Endowment
Sub-totsls
658.870 34.972
658.870 34.972
693,842
693.842
Churchyard Des
Designated
Sub-totals
24,586
24,586
1.119
1,119
6,290
6,290
4,812
4,812
366
366
24,592
24,592
Churchyard Res
Reslricled
Sub-totals
15.513
15,513
3,255
3.255
1.470
1.470
(1.254
11.2541
279
279
16.323
16.323
Churchyard Tap Res
Restricted
Sub-totals
269
269
15
15
284
284
lock Res
Restricted
Sub-totals
1.974
1.974
213
213
2,187
2,187
Curates Res
Restricted
Sub-totals
42,555
42,555
1,440
1,440
551
551
780
780
44,224
44,224
Flower Des
Designated
Sub-totals
163
163
300
300
230
230
232
232
Foyer Res
Restricted
321
321

Sub-totsls
321
321
George Bequest
Restricted
Sub-totals
827
827
46
46
873
873
Heating Des
Designated
Sub-totals
1.059
1.059
59
59
1,118
1,118
Heating Res
Restricted
Sub-totals
4.499
4.499
252
252
4.750
4,750
Hill GTave Res
Restricted
Sub-totals
8.697
8,697
318
318
140
140
9,155
9.155
Lighting Rgs
Restricted
Sub-totals
536
536
63
63
599
599
Music & Choir Res
Restricted
Sub-totals
2,634
2,634
240
240
306
306
2.568
2,588
Organ Res
Restricted
Sub-totals
949
949
53
53
1.002
1.002
Organist Des
Designated
Sub-totals
1,096
1.096
61
61
1,158
1.158
R&W Hodgsong
Reslricled
Sub-totals
781
781
781
781
Rectory Redec Res
Restricted
Sub-totals
256
256
14
14
300
300
30
30
Retirement Res
Restricted
Sub-totals
99
99
415
415
460
460
Roof Res
Restricted
Sub-totals
693
(693)
2,424
2,424
1.500
1,500
231
231
Sound System Res
Restricted
Sub-totals
8.512
8,512
476
476
8.988
8.988
Tree
Restricted
Sub-totals
14
1141
14
14
Window Res
Restricted
Sub-totals
892
892
so
so
942
942
Youth Out Res
Restricted
Sub-totsls
5.668
5,668
5.668
5.668

General
Unrestricted
Sub-totals
33.375
33.375
106.172
106.172
103.290
103,290
3.602
13,602)
270
270
32,925
32.925
Totals
8S3,935 153,270
151,152
1,842
857.894
Fund movement summary- 2023
Fund
Altar & Vestments Res
Restricted
Sub-totals
enin Incomin Out
oin
Transfers GainslLosses Journals Closin
159
159
159
169
Bell$ Rgs
Restricted
Sub-totals
1,514
1,514
48
1,562
1.562
Bike Rack Res
Restricted
Sub-totals
250
250
250
250
Cap Dev Des
Designated
Sub-totsls
35.423
35.423
2,555
2.555
7.438
7.438
2,443
2.443
32,984
32,984
Cap Dev Res
Restricted
Sub-totsls
2.893
2.893
542
542
3.436
3A36
Cap Gen Des
Designated
Sub-totals
2.055
2,055
66
66
2.120
2,120
Children's Society
Restricted
Sub-totals
10
(10)
10
10
Church Hall End
Endowment
Sub-totals
638.410 20.460
638.410 20.460
658.870
658.870
Churehyard Des
Designated
Sub-total$
27.213
27,213
4.066
4,066
6.693
6,693
24.586
24,586
Churchyard Res
Restricted
Sub-totals
12,S05
12.505
2,909
2.909
951
951
1,050
1.050
15.513
15.513
Churchyard Tap Res
Restricted
Sub-totals
261
261
269
269
Clock Res
Restricted
Sub-totals
1.244
3.621
{1,244) 3,621
403
403
1,974
1,974
Curates Rgs
Restricted
Sub-totals
38.445
38.445
1.180
1.180
2,929
2.929
42.555
42.555
Flower Des
Designated
212
201
251
163

Sub-totals
212
201
251
163
Foyer Res
Restricted
Sub-totals
321
321
321
321
George Bequest
Restricted
Sub-totals
801
801
26
26
827
827
Heating Dgs
Designated
Sub-totals
1,026
1.026
33
33
1.059
1,059
Heating Res
Restricted
Sub-totals
4,360
4,360
139
139
4,499
4.499
Hill Grave Res
Restricted
Sub-totsls
7,928
7.928
245
524
524
8,697
8,697
Lighting Res
Restricted
Sub-totals
1,098
1.098
35
35
598
598
536
536
Music & Choir Res
Reslricled
Sub-totals
2,677
2,677
158
158
200
200
2,634
2,634
Organ Res
Restricted
Sub-totals
833
833
117
117
949
949
Organist Des
Designated
Sub-totals
1,062
1.062
1,096
1.096
R&W Hodgsons
Restricted
Sub-totals
781
781
781
781
Rectory Redec Rgs
Reslricled
Sub-totals
248
248
256
256
Retirement Res
Restricted
Sub-totsls
109
109
390
390
400
400
99
99
Roof Res
Restricted
Sub-totals
2,154
12,1541
1.881
1.881
420
420
693
16931
Sound System Reg
Restricted
Sub-totsl$
2.192
2,192
6,320
6,320
8.512
8.512
Tree
Restricted
Sub-totals
256
256
270
270
14
(14)
Window R9¥
Restricted
Sub-totals
865
865
28
28
892
892

Youth Out Res
Reslricled
Sub-totals
1,835
1,835
3,941
3,941
5,784
5,784
5,676
5,676
5,668
5,668
General
Unrestricted
Sub-totals
56.005
56.005
97.754
97,754
113.927
113.927
6.456
(6,4561
33,375
33,375
Totals
837.291 147.030
137.333
6.947
853.935
Description of Funds
Designated Funds
Capital General Fund - used for capital donations not otherwise restricted or
designated. Legacy income is often deposited here in the first instance.
Capital Dev - For the parish room project.
Churchyard: PCC fees received relating to the new (open) churchyard and designated
to its upkeep. Mainly used for mowing, churchyard steward salary etc.
Flower Fund= donations received for flower displays, usually received at Easter and
Christmas. Used to pay for flowers at these seasons and patronal service etc.
Heating: Some legacy monies were designated for installation & repairlmaintenance of
gas heating system.
Organist: Accumulated Assistant Organist funds set aside by PCC for purposes of
paying an assistant organist when Organist conducting choir
Restricted Funds
Angel Tree Swinfen - Annual collection at Advent carol service for Angel Tree project at
Swinfen Young Offenders Institute.
Bells Capital Fund- donations and fund-raising for repairlmaintenance of church bells.
Bike Rack- donation towards the installation of a bike rack.
BurseVeil.- Altar furnishings and robes etc - donationslappeals for repairlreplacement
etc
Capital Dev - For the parish room project.
Clock: Donations and grants for repair and upgrade of winding mechanism of tower
clock
Churchyard= Historic'parishioners" fund formerly held in diocesan trust for the
maintenance of the churchyard. Receives restricted donations, interest and dividends
from CBF funds. Mainly used for projects in the old (closed) churchyard.
Churchyard Hill: Fund set up by family for maintenance and repair of Hill grave-
fonnerly held in diocesan trusl and receives interest and dividends from CBF funds
Churchyard Tap: Donation given to install tap in new churchyard - currently
accumulating interest in deposit account.
Curate Fund - consists of three former Diocesan Trusts.. Barnard. Whisson and Quick &
Rowlins. Can be used for payment of curate and assistant minister expensesltraining
etc. Receives dividends and interest from CBF funds. Makes annual grant to Gen Fund
to cover expenses of assistant ministers. curates etc.
Dec Rectory: Funds paid into Diocesan Scheme for re-decoration of rectory etc. Some
funds held in deposit account. Monies set aside by PCCS of United Benefice (STM&M
and Wall).
Dec Spires: Funds paid into Diocesan Scheme for re-decoration of curate house
(formerly at the Spires) etc. Some funds held in deposit account. Monies set aside by
PCCS of United Benefice (STM&M and Wall). Fund was merged into DecRec when the
curate house was disposed of.
Foyer: Funds remaining from closed historic charity for relief of poor were paid into PCC
account. PCC decided that Foyer (former youth shelter occupying fomer pub adja￿nt

to churchyard) was suitable recipient but Foyer was closed down before funds could be
used. PCC minded to use funds for general outreach purposes but no resolution yet.
George.. Miss George Bequest- Historic churchyard fund set up for maintenance of
George family graves and churchyard generally. Fomer diocesan trust but cash
deposit only. Receives interest from CBF deposit account. Used to help pay for the new
car park area in old churchyard.
Hall Dev: Originally set up to record costs incurred in disposal of hall, temporary location
of parish office and fees connected to parish rooms developmenl. Fund was merged
with Capital Development fund to show net position.
Heating: Donations and grants for installation & repairlmaintenance of gas heating
system.
Light: Capital Lighting Fund - set up to receive donationslgrants for the installation of
new lighting system. Remaining funds to be used for replacement bulbs etc
Music: Donationslfundraising for Choir and music activities- pays for new music, choir
activities etc.
Organ Restoration Fund: donations and fund-raising for repairlmaintenance of church
organ.
R&W Hodgsons: Funds held on behalf of the Rector & Wardens for the Hodgson
Graves
Retirement: Funds collected for retiringlmoving on clergy members. No GA claimable
and funds transferred directly to recipients.
Roof: Donations and grants for repair of church roof
Sound- Donations and grants for installation of new audio visual systems. So far this
has included new sound system, drop down screen, digitalllaptop projector and camera.
New television screens to be installed to improve visibility from side aisles.
Tree: Donations for the Coronation Tree
st John: Used to record direct payments made on behalf of St John's. Wall- usually
part of joint orders for sacristan supplies etc. This mechanism is used when the costs
have not been re-invoiced for some reason.
St Mary: Income derived from two fomer diocesan trusts, Cresswell and Smith. Funds
were held in CCLA Investment account and dividends and interest were paid into
Deposit account. In 2021 the cash value of the St Mary fabric funds was granted in final
settlement to St Mary's Guild for the upkeep of the former St Mary's church building.
Win: Capital Windows and Stonework- donationslcollections for repair of church
windows and stonework.
Youth Outing - fundraisingldonations for major'youth" (Camas) or Choir singing trips
{eg Venice).
Children's SocietylBiblelandslPathwaylWater AidlUSPGIChurch AnnylRBLISt
GileslBishops Ordination: Charitable donations received and passed on during the
year
Endowment
Hall: Parish Rooms - Proceeds of disposal of land on which former church hall stood.
Currently held in diocesan trust. Land was originally made available by council and
funds can only be used for purposes of equtvalent building.
Transfers between funds - 2024
Reference
Debit
Credit
Description
Fund
Fund
Type

Cap Dev Trf
3,627.72
Fund Trf Cap Dev R to D
Capital
Development
Desi
nated
Capital
Development
Restricted
Churchyard
Desi
nated
General
Des
Cap Dev Trf
3,627.72
Res
Deposiulnv Trf
4.812.05
Fund Trf deposivinvestment
account
Fund Trf deposiuinvestment
account
Fund Trfchurchyard
restricted
Fund Trf Churchyard
restricted
Fund Trf Rectory tidy
Des
Depositllnv Trf
4,812.05
Unr
Churchyard Trf
1,253.71
General
Unr
Churchyard Trf
1,253.71
Churchyard
Restricted
Rectory
Redecoration
General
Res
Rectory
Redecoration
Rectory
Redecoration
Coronation Tree
Trf
Coronation Tree
Trf
Cap Dev Trf
29.74
Res
29.74
Fund Trf Rectory tidy
Unr"
13.75
Fund Trf Coronation Tree
Tree Restricted
Res
13.75
Fund Trf Coronation Tree
General
Unr
57,549
Cap Dev Trf
Capital
Development
Desi
nated
Capital
Development
Desi
nated
Des
Cap Dev Trf
57,549
Cap Dev Trf
DES
Total
67,285.97
67,285.97
Transfers between funds - 2023
Reference
Debit
Credit
Description
Fund
Fund
Type
Res
Trf Camas-
reverse 2022
accrual
Trf Camas-
reverse 2022
accrual
5,676
Trf Gen to Youth Outing
Youth Outing
Restricted
5,676
Trf Gen to youth Outing
General
Unr
R&W Hod
R&W Hod
Total
son Trf
son Trf
781
R&W Hod
R&W Hod
son Trf
son Trf
R&W Hod
General
son
Res
Unr
781
6,456
6,456

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Analysis of receipts and payments
Total
This
ear
Unrestricted Designated RestriGted Endowment
Last
ear
RECEIPTS
Donations and legacies
0101 Gift Aid - Bank
0110 - GiftAid - Envelopes
0111 Regular Giving Blue
Envelopes
0201 Other planned giving
Pledges - bank
0210- Other planned giving -
Pledges Envelopes
0211 Other Regular Giving
0301 Loose plate collertions
0410- Giving through church
boxes
0501- One-off GiftAid gifts
0550 - Donations appeals etc
0560 - Donations appeals etc
GA
0570 - CAF Vouchers
0580 - Contactless Machine
0601- Tax recoverable on Gift
Aid
0801 Recurring grants
08A1 Non-recurring one-off
grants
Donations and legacigs
Totals
89,721
Income frorn Charitable activities
1101 ststutory fees for
weddings and funerals
8.300
1105 - Local fees for wedding5
and funerals
1210 - Bookstall sales to
promote objectives
1280 - Memorial Book
Inscriptions
1290 - Church Outing
Contributions
Income from charitsble
activities Totals
other trading activities
0901- Other fund5 generated
0902 - Talents
0903 - Talents Gift Aided
1250- Magazine income-
advertising
1260- Parish magazine sales
1265- Supply of goods
1270- Office Income
1275- Coffee Money
other trading activities
Totals
Investments
1001 Dividends
40.847
11.127
3,319
80
40.927 41,585
11,127 12.158
3,319
4,966
2,690
2,690
2,436
340
370
340
5.894
1.586
388
5,894
1.586
388
1,715
542
7,092
2.799
3,182
100
556
7,192
3,420
3,482
905
3.223
5.944
338
230
125
175
745
781
9,413
60
90
9.563
3.304
2,000
17,726
7.487
2.000
3.304
1,700
300
300
5,990
96.012 101,624
8,300
8.038
965
965
87
72
87
40
40
40
3,187
9.392
9,392
11.337
145
145
1,278
146
17
222
222
1.110
1.827
59
355
556
1.688
1,688
216
500
216
500
5.348
2.780
2,780
68
733
1.552
2,354
2,319

1020 - Bank and building society
interest
Investments Tota15
Other income
1330- Benefice Shared Costs
Contribution
Other income Totals
ReGeipts Grand tota15
1.210
1.306
2,039
2,245
3,797
34.972
34,972
39,733 23,402
42,087 25,721
1,279
3.000
3,000
3,000
3,000
153.270 147,030
3,000
3.000
106,172
2,339
9,787
34,972
PAYMENTS
Raising funds
1720 - Costs of stewardship
campaign
1730- Costs of fetes & other
events
Raising funds Totals
208
Expenditure on charitsble activities
1830 - Giving - relief and
development agencies
1850- Home mission
1870- Secular charities
1910- Ministry parish share etc 58.902
2001- Assistant staff costs -
2050 - Salary of parish
administrator
2060- Salary of Organist
2070- Salary of Churchyard
Steward
2101 - Working expenses ol
incumbent- St Michael
2105- Working Expenses of
Incumbent- Benefice
2115 - Clergy & Staff Working
Expenses - Benefice
2130 - Rectory expenses
2150- Incumbent's telephone -
Benefi
2175- Education - Benefi
2201 Parish training and
mission- St Michael
2210- Parish Mi5sion- Messy
Church
2215- Parish Mission - Film
Club
2220 - Parish Mission -
Homework Club
2225- Parish Mission- Church
Outings
2301 - Church running-
insurance
5,216
2310 - Church office - telephone 865
2330- Church maintenance
3.194
2331 Cleaning
3.383
2332- Church running - other
1.361
2333- Office Equipment
48
2335 - church equipment
1.195
2340 - Upkeep of services - St
Michael
693
2341- Deputy Organist fees
2345 - Upkeep of services-
Benefice
2350- Upkeep of churchyard
2360 - Administration- St
Michael
2365- Administration - Benefice 719
2390- Bank Charges
475
188
188
161
20
20
920
208
1.081
16
14
14
25
64
130
58.902 57.747
262
262
11,483
7.475
11.483 12,342
7,475
7,269
1.730
1,694
1.730
20
20
40
47
47
242
242
300
300
200
200
211
255
1.100
1.100
1,112
267
267
42
100
100
376
285
285
144
200
200
5.784
5.216
865
3.194
3,383
1,361
48
1.195
1.029
804
3.376
864
2.745
3.276
291
62
230
106
2.008
509
580
580
473
4,560
1,470
460
6,030
818
6,220
778
358
719
475
865
478

2420- Church running - water
2440 - Church running- heating
and lighting
1940)
2501- Magazine expenses
3,423
2505 - Coffee & Tea purchases 33
2510 - Bookstall costs
93
2601- Governance costs
examinationlaudit fee
2701 Church major repairs-
structure
2930- New building Parish
Rooms
Expenditure on charitable
activities Totals
Payments Grand totals
324
324
260
19401
3,423
33
93
8.962
2.714
128
245
245
400
1,104
1,500
2.604
7,220
36,753
36,753 7,438
103,082
103,290
43.274
4,588
4,588
150.944 136.252
43.274
151.152 137,333
Fixed Asset Investments
Change in
market
value
At 31st
Dec
At 1st Jan
Additions
Disposals
Transfers
Unrestrirted funds
12,072
12,072
Designated funds
SY. Treasury Stock
2025
CBF Inv Fund
Total Designated
1,990
1181
1,972
28,867
30.857
112,0721
112,0721
661
643
17,456
19,428
Restricted funds
CBF Inv Fund
52,368
1,198
53,566
Total
83,224
1,842
85,066

The Parochial Church Council of Lichfield St Michael and St Mary
Financial Statements for the year ended 31 December 2024
Prior Year Comparative - 2023 Receipts and Payments Account
Prior
Unrestricted Designated Restricted Endowrnent Total year
funds
funds
funds
funds
funds total
funds
Receipts
Donations and legacies
Income from charitable activities
Other trading activities
Investrnents
Other income
Total income
84.285
4,660
4.780
1.029
3.000
97.754
1.632
3.380
15,708
3.297
568
2,288
101.624 102.834
11.337 10.216
5,348 3.995
25.721 11.765
3.000 2.935
147,030 131,744
1,943
20,460
6.954
21,861
20,460
Payments
Raising funds
Expenditure on charitable
activities
Qther expenditure
Total expenditure
679
403
1,081 139
136,252 123,684
113.248
14.382
8,622
113.927
14.382
9,024
137,333 123,823
Net income l {expenditure)
resources before transfer
116.173)
17.427)
12.837
20,460
9,697 7,921
Transfer$
Gross transfers btheen funds - in
Gross transfers belween funds -
out
Othgr recognisgd gains I10$sgS
Gainsl(osses on investment
assets
Gains on revaluation. fixed assets,
charity's own use
Net movement in funds
6,456
6,456
{6.4561
{6,4561
2.443
4,503
6,947
122,630)
(4,9841
23,797
20,460
16.644 7.921
Reconciliation of funds
Total funds brought forward
56.005
66.992
75,885
638,410
837,291 829,370
Total funds carried forward
33.375
62,008
99,681
658,870
853,935 837,291