2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Michaels & All Angels, Pirbright

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Ind¢pendent ExAminer'$ Report to the Parochial Church Council of SL Michael and All Attge]s, Pirbright I reFQrt on the a¢¢ounts for the yw ¢ndd 3 1st tknmkr 2023 whieh are sel out on pag&8 I to 4. Resp¢¢tive r¢spoDsibiiities of truste¢ and indtptttdtnl ex*miner The church's tntste¢s are resFthsible for the iYepaT8tion of the acwllts. The church's trustees consider that an a111 is not rtyuired for this year under section 144(2) of the ChaTiti¢5 Act 2011 (the 2011 Act) and that an independent examination is needed It is my SnsibIlity to examine the accounts (under section 145 of the 2011 Ad). follow th¢ procedur laid down in the Ge Directions given by the Charity Commissioners (under section 145(5Xb) of the 2011 Act). and stste whether particular matters have come to my atl¢ntio Basls of Independ¢Dt ¢xamlner'$ report My examination w&8 ¢aTrial out in )rd with the gener81 Diredion5 giv¢n by the Charity Commission. An examination includes a review of the accountin8 cOrds kept by the charity comparison of the acci)unts presented with those records. It also In¢lUd co81deti0 of any unusual items or di10sUre$ in the 8¢c(MJnL% And seeking explanations you as trustees ¢oncerning any such matters. Tr pr(Kedures undertaken do not provide a]1 the evidence that would be required in an audiL and consequently no opinion is given 8$ to whthr the accounts present a'knve and fair" view and the report is limited io th(tse matters set out in the statrmcnt below. llldepeDdeDt uaminer's ststemeDt In ¢onnection with my examinatioo no matter hos come lo my attention l) which gtves me reasonable cause lo believe thaL in any rnaterial respxt, the requirements to keep accounting records in 8rdance with stion 130 of the 2011 Act" or to prepare accounts which accord with th¢s¢ anting records and comply with th¢ accountin8 requirements of the 2011 Act have not been m¢t: or 2) to whicl in my opinion, attention sknuld be drawn in orderto en&bl¢ a proFW understaTMling of the accounts to be reach. Si.. Dale: C8roline Snell Snell A$18t¢S RosewOj Broadway Edington Bridgwater TA7 9JP

St. Michael and All Angels, Pirbright

Annual Report and Financial Statements of the Parochial Church Council

for the year ended 31st December 2023

Incumbent:

Reverend George Watkinson

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 2023 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 2023 Closing cash and investments at 31st December 2023	Unrestricted Funds £ 40,414 6,350 9,065 12,002 67,831 19,860 3,444 4,331 95,466 43,735 4,395 26,049 2,959 77,138 7,022 0 0 84,160 11,306 0 11,306 95,145 106,451	Unrestricted Designated Funds £ 0 0 0 0 0 0 0 2,099 2,099 1,999 181 2,180 0 0 0 2,180 (81) 0 (81) 17,684 17,603	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 2023 £ 40,414 6,350 9,065 12,002 67,831 19,860 3,444 6,430 97,565 43,735 4,395 28,048 3,140 79,318 7,022 0 0 86,340 11,225 0 11,225 112,829 124,054	Total 2022 £ 40,209 7,277 3,226 11,626
						62,338 9,657 2,095 5,691
						79,781
						48,963 4,371 23,400 75
						76,809 1,262 280 0
						78,351
						1,430 0
						1,430
						111,399
						112,829

Approved by the Parochial Church Council on and signed on its behalf by:

ST MICHAEL AND ALL ANGELS, PIRBRIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 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 Prepaid costs re Village Fair Total Liabilities Costs related to current period paid in next period Total	2023 £ 95,926 25,000 120,926 3,128 0 3,128 124,054 84,450 3,644 300 3,944 330 330	2022 £ 84,701 25,000
		109,701
		3,128 0
		3,128

		112,829
		84,450
		3,920 285
		4,205
		330
		330

ST MICHAEL AND ALL ANGELS, PIRBRIGHT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 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 2023 was £70,709 (2022: £64,628).
3 The movements in designated and restricted funds during the year were:

Balance B/fwd £ Altar Frontal Fund 428 Bell Tower Fund 2,202 Church Maintenance and Improvement Fund 4,731 Churchyard Maintenance Fund 742 David Pearce Memorial 500 Jubilee 731 Lady Chapel Refurbishment and Redecoration Fund 4,857 Mission and Outreach Fund 3,399 Perinews 0 Ron Douglas Memorial Fund 94 Total 17,684	Incoming Resources £ 100 1,999 2,099	Outgoing Resources £ (1,999) (181) (2,180)	Transfers £ 0 0 0 0 0 0 0 0 0 0 0	Balance C/fwd £ 428 2,302 4,731 742 500 731 4,857 3,218 0 94
				17,603

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

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Notes 2022 2021
£ £
Regular income church fees and investment income) (planned giving, collections, gift aid, 1 68,640 66,898
Routine expenditure (parish share together with the
annual cost of maintaining the church / churchyard 2 (62,369) (63,074)
(ignoring one-off items) and providing services)
Surplus / (deficit) of regular income over routine expenditure 6,271 3,824
Surplus re fundraising activities plant sale, Pirbright Art book) (e.g. the village fair, 3 12,838 6,886
One-off donations, grants and insurance recoveries received 4 9,065 4,735
One-off items of expenditure in relation to the church or churchyard 5 (13,809) (13,809)
Donations made to other charities out of collections from certain services in the year 6 (3,140) (75)
Surplus in respect of non-regular income / expenditure 4,954 (2,263)
Overall surplus / (deficit) 11,225 1,561
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Total receipts (Row 24 of Receipts and Payments tab) less "All other giving" and "Activities for generating funds" lines

Total payments (row 42) less one-offs below (row 16 below) less Mission giving (row 32 on receipts and payments) and cost of gen funds (row36), both analysed below

Activities for generating funds (row 18) less Cost of generating funds (row 36) All other giving (row 12) 2020: per last year's report; 2021: tree work in N/L code 20311 + lighting in N/L 20317 Row 32 of Receipts and payments