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 a￿111 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 ￿S￿nsibIlity 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￿ co￿81de￿ti0￿ of any unusual items or di￿10sUre$ 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 8￿rdance with s￿tion 130 of the 2011 Act" or to prepare accounts which accord with th¢s¢ a￿￿nting 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 RosewO￿j 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 **----- Start of picture text -----**
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
**----- End of picture text -----**
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 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 a￿111 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 ￿S￿nsibIlity 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￿ co￿81de￿ti0￿ of any unusual items or di￿10sUre$ 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 8￿rdance with s￿tion 130 of the 2011 Act" or to prepare accounts which accord with th¢s¢ a￿￿nting 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 RosewO￿j Broadway Edington Bridgwater TA7 9JP