## **St. Michael and All Angels, Pirbright**
## **Annual Report and Financial Statements of the Parochial Church Council**
for the year ended 31st December 2021
## **Incumbent:**
Reverend Beverley Hunt
## **Bank:**
Lloyds TSB Bank plc PO Box 3, 147 High Street Guildford Surrey, GU1 3AG
## **Independent examiner:**
Caroline Snell Snell Associates Rosewood Broadway Edington Bridgwater TA7 9JP
## **ST MICHAEL AND ALL ANGELS, PIRBRIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 RECEIPTS AND PAYMENTS ACCOUNT**
|**Receipts**
Voluntary receipts
Planned giving
Collections at services
All other giving / voluntary receipts
Gift Aid recovered
Activities for generating funds
Investment income
Church activities
**Total Receipts**
**Payments**
Church activities
Parish Share
Clergy and staffing costs
Church running expenses
Mission giving and donations
Cost of generating funds
Governance costs
Other costs
**Total Payments**
**Excess/(Deficit) of Receipts over Payments**
Transfers between funds
**Net movements in funds**
Opening cash and investments at 1st January 2021
Closing cash and investments at 31st December 2021|**Unrestricted**
**Funds**
**£**
37,920
3,894
4,132
13,309
59,255
15,021
1,443
3,381
**79,100**
48,273
62
22,764
300
71,399
3,073
230
0
**74,702**
**4,398**
0
**4,398**
87,428
**91,826**|**Unrestricted**
**Designated**
**Funds**
**£**
0
0
1,078
0
1,078
1,000
440
2,013
**4,531**
0
0
8,150
0
8,150
0
0
0
**8,150**
**(3,619)**
0
**(3,619)**
23,192
**19,573**|**Restricted**
**Funds**
**£**
0
0
0
0
0
0
0
0
**0**
0
0
0
0
0
0
0
0
**0**
**0**
0
**0**
0
**0**|**Endowment**
**Funds**
**£**
0
0
0
0
0
0
0
0
**0**
0
0
0
0
0
0
0
0
**0**
**0**
0
**0**
0
**0**|**Total**
**2021**
**£**
37,920
3,894
5,210
13,309
60,333
16,021
1,883
5,394
**83,631**
48,273
62
30,914
300
79,549
3,073
230
0
**82,852**
**779**
0
**779**
110,620
**111,399**|**Total**
**2020**
**£**
38,974
5,179
5,829
12,290|
|---|---|---|---|---|---|---|
|||||||62,271
2,471
1,936
3,635|
|||||||**70,313**|
|||||||49,398
5,958
19,164
891|
|||||||75,412
0
225
0|
|||||||**75,637**|
|||||||**(5,324)**
0|
|||||||**(5,324)**|
|||||||115,944|
|||||||**110,620**|
_Approved by the Parochial Church Council on_ 4th May 2022 _and signed on its behalf by:_
______________________ ________________ Brendan Hughes, Treasurer_
## **ST MICHAEL AND ALL ANGELS, PIRBRIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 STATEMENT OF ASSETS AND LIABILITIES**
|_Cash Funds_
Bank accounts
CBF Deposit Fund
Total
_Investment Assets_
CBF Investment Fund (note 2)
Other investments
Total
**Total cash and investments**
_Assets retained for Church use_
Organ
_Other Monetary Assets_
Income Tax Recoverable on Donations
**Total**
_Liabilities_
Invoices related to current period paid in next period
**Total**|**2021**
**£**
83,271
25,000
108,271
3,128
0
3,128
**111,399**
84,450
3,715
**3,715**
1,716
**1,716**|**2020**
**£**
82,492
25,000|
|---|---|---|
|||107,492|
|||3,128
0|
|||3,128|
||||
|||**110,620**|
|||84,450|
|||3,326|
|||**3,326**|
|||3,790|
|||**3,790**|
## **ST MICHAEL AND ALL ANGELS, PIRBRIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 NOTES TO THE FINANCIAL STATEMENTS**
- 1 The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.
- 2 The value of the CBF Investment Fund at 31 December 2021 was £73,252 (2020: £64,084).
- 3 The movements in designated and restricted funds during the year were:
|**Balance**
**B/fwd**
**£**
Altar Frontal Fund
600
Bell Tower Fund
2,514
Church Maintenance and Improvement Fund
6,500
Churchyard Maintenance Fund
3,393
David Pearce Memorial
500
Jubilee
731
Lady Chapel Refurbishment and Redecoration Fund
4,857
Mission and Outreach Fund
3,853
Perinews
150
Ron Douglas Memorial Fund
94
**Total**
**23,192**|**Incoming**
**Resources**
**£**
0
680
0
3,851
0
0
0
0
0
0
**4,531**|**Outgoing**
**Resources**
**£**
0
(1,043)
0
(6,502)
0
0
0
(454)
(150)
0
**(8,149)**|**Transfers**
**£**
0
0
0
0
0
0
0
0
0
0
**0**|**Balance**
**C/fwd**
**£**
600
2,151
6,500
742
500
731
4,857
3,399
0
94|
|---|---|---|---|---|
|||||**19,574**|
- 4 The following assets are recognised but not valued in the Statement of Assets and Liabilities:
- Moveable Church furnishings held by the Church Wardens on special trust for the PCC which require a faculty for disposal - Land and Buildings held on behalf of the PCC
- Other fixtures, fittings and office equipment where the PCC is free to dispose of such assets without faculty and where the original cost exceeded £1,000
- Legacies where formal notification of entitlement and amount has been made
- Investments held beneficially by the PCC
- 5 The following liabilities are recognised in the Statement of Assets and Liabilities:
- Any loans or overdrafts advanced to the PCC
- Any arrears of Diocesan Quota or Parish Share
- Creditors for goods or services where the supply has been received and invoiced by the year end
Independent Examiner's Rert to the Parocbial Church Couueil of st. Micbael and
All Angels Pirbright
I retxirt on the accounts for the year ended 31" DeCernr 2021 which are set out on pages I to 4.
Respective r£sponsibiliti of trustee and independent examiner
The church's trustees are reswnsible for the preparation of the accounts. The church's Injstees
consider that an audit is no1 required for thi5 year und¢r seclion 144(2) of the Charities Aa 2011
{the 2011 Act) and that an indcpcndent examination is nccdcd.
It is my responsibility lo
examine the accounts (under section 145 of the 2011 Act)"
follow the procedures laid down in the Gera1 Directions given by the Charity
Commissioners (under wtion 145(5Xb) of the 2011 Act)" and
slate whether particular matters have come to my attrniioiL
Bxsis of Itsdepelldenl examlner's rnport
My examinalion was carried out in a¢¢ffll8n¢e with the genernl Directions given by the Charity
Commission.
An examination includes a review of the accounting records kept by the charity and a wmparison
of the accounts presented with thos¢ records. It s0 incleS cotL%ideraiion of any unusual items
or disclosures in the account& and seeking explanations you as InLslees corKerning any such
mallers. The procedures und¢rtak¢n do not provide all the evidence that would be required in an
audiL and consequently no opinion is given &% lo whether Ihe accounts pres¢nt a *rue and fair"
view and the report is limited to those matters set out in thc slataneni lOw.
IDdependen¢ examiner's statement
In conneclion wilh my examination. no matter has come lo my attention
l) which gives me ronable cause to believe thaL in any m*ria] re5ck ik requir¢m¢nts
to keep accounting records in accordance with section 130 of the 2011 Act. or
to prepare accounts which accord with these accounting records and comply with the
accounting requiremenis of the 2011 Act have not been met: or
2) ¢0 whicK in my opinior4 attention should be drdwn in order to enabl¢ a prnr understsnding
of the accounts to be reache
Signed:
Date: 04 May 2022
Caroline Snell
Snell Ass(Kiate5
Rosewood
Broadway
Edington
Bridgwater
TA7 9JP