**Registered Charity Number 1163376** ## **St John with St Michael, Bournemouth** ## **Annual Reports and Accounts Of the Parochial Church Council** ## **Year ended 31st December 2022** |**Contents**|| |---|---| ||**Page**| |Reference and Administra/ve informa/on|ii-iii| |Annual Report|iv-ix| |Independent examiner’s report|1| |Statement of fnancial ac/vi/es|2| |Balance Sheet|3| |Notes to the fnancial statements|4 - 11| ## **PAROCHIAL CHURCH COUNCIL OF ST JOHN WITH ST MICHAEL, BOURNEMOUTH** ## **REFERENCE AND ADMINISTRATIVE INFORMATION** Bournemouth and some of Branksome, in the Diocese of Winchester within the Church of England. ## Correspondence and administra/ve address: ## **PCC Membership** **January - April 2022** **Churchwardens** Sue Weal Ron Metcalf **PCC** Sylvia Ridout Vacant Chris Miles Vacant Aaron Dwyer Vacant ## **April - December 2022** **Churchwardens** Ron Metcalf Sue Weal **PCC** Sylvia Ridout Phil Heron Aaron Dwyer Foluke Ijaola Chris Miles Kayode Ijaola (from July 2022) ## vacant ## PCC Chair (Vicar) Revd Sarah Yetman Vice-Chair Sue Weal Treasurer Kayode Ijaola (from July 2022) PCC Secretary vacant Safeguarding Officer Sylvia Ridout Susan Wilson ii **Sub-commiWees and Chairs** Standing Commi`ee Buildings Commi`ee Revd Sarah Yetman Revd Sarah Yetman **Licensed Lay Minister** James Richardson **Bishop’s Permission to Preach** Sylvia Ridout ## **Advisors** Bankers Lloyds Bank plc, 106-108 Poole Road, Westbourne, Bournemouth, Dorset, BH4 9EQ Independent Examiners Sue Wintle FMAAT, 27 Basco` Road Wallisdown Bournemouth Dorset BH11 8RJ iii ## **Parochial Church Council of St John with St Michael, Bournemouth** ## Annual Report For The Year Ended 31 December 2022 The Parochial Church Council (PCC) of St John with St Michael, Bournemouth, presents its annual report for the year ended 31 December 2022, together with the accounts for the year. The accounts have been prepared in accordance with the requirements of the Chari/es Act 1993, the Statement of Recommended Prac/ce “Accoun/ng and Repor/ng for Chari/es” (SORP 2005) issued by the Charity Commission, the Chari/es (Accounts and Reports) Regula/ons 2005 and the Church Accoun/ng Regula/ons 2006. ## Structure, Governance and Management The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. It is registered with the Chari/es Commission as a Charity, in accordance with the Chari/es Act 2006. The PCC has no related trusts or chari/es. PCC appointments are made by elec/on at the APCM. The process of appointment is set out by the Church Representa/on Rules. The Churchwardens are ex-officio members of the PCC and are elected at the Annual Parish Mee/ng. The PCC members hold responsibili/es including health and safety, discrimina/on legisla/on, safeguarding and other legal obliga/ons. Members are introduced to their responsibili/es at the first mee/ng of the PCC following the Annual Mee/ng. The PCC cons/tu/on includes the embodiment of a Standing Commi`ee, whose responsibili/es are to exercise any necessary PCC business between mee/ngs. The Standing Commi`ee cons/tuted membership is: Vicar, Churchwardens, Treasurer, plus one elected member of the PCC. The terms of all PCC Sub-commi`ees are reviewed (as necessary) and agreed, and their membership is appointed by elec/on at the first mee/ng of the PCC following the Annual Mee/ng. ## Risk Management The PCC recognises its responsibility for managing risk and ensuring best prac/ce and conformity to legal obliga/ons in all areas of church life, including: physical risks to the health and safety of employees, volunteers and users; financial risks through commercial ac/vity; the dilapida/on of buildings; personnel issues including the loss of people with key skills; and the safeguarding of children and other vulnerable people. These issues are always considered as part of the decisionmaking process according to their relevance, and measures are taken to mi/gate risks through monitoring, training and regular review. The PCC has specific policies rela/ng to those areas that are reviewed annually. ## **Safeguarding** As a church, we are commi`ed to promo/ng a safer environment and culture. A safeguarding policy has been adopted, and a safeguarding officer appointed, in accordance with diocesan guidelines. The policy covers children and vulnerable adults. It is reviewed at least annually. We want the church to be a safe place for all, especially those who are most vulnerable. ## **Health and Safety** iv The PCC ensures that relevant health and safety and employment law requirements are adhered to in all church buildings and by all church organisa/ons. Risk assessments are carried out for all ac/vi/es. ## Objec/ves and Ac/vi/es The primary aim of the PCC is the promo/on of the Gospel of the Lord Jesus Christ according to the doctrines and prac/ces of the Church of England. The PCC cooperates with the Vicar in promo/ng in the parish and wherever it has influence, the whole mission of the church, pastoral, evangelis/c, social and ecumenical (see PCC (Powers) Measure 1956). During 2022 we se`led back into our usual rhythm of services in person at both our churches, and con/nued to work on an online presence by live streaming our service at St Mike’s each week. Each week at St John’s we have our Sunday service at 9.30am, usually Morning Worship on the first, third and fimh Sundays of each month and Holy Communion on the second and fourth Sundays. Each service is followed by fellowship around the coffee table. Sunday of each month usually as a Holy Communion. Refreshments are served from 9.30am and again amer the service. The style of worship at St Mike’s is more informal with an emphasis on ministry to children and families. mee/ng usually taking place outside the church around a fire pit. Amer the summer holidays, we discon/nued this, instead mee/ng in person for prayer on the first Wednesday of each month and then for the remaining Wednesday evenings on zoom. PCC has complied with the duty in Sec/on 4 of the Chari/es Act 2006 to have due regard to the Charity Commission guidance published in this report. ## Parochial Church Council of St John with St Michael, Bournemouth The PCC met 7 /mes during 2022 in addi/on to the APCM. The Standing Commi`ee did not meet between these mee/ngs. The PCC is chaired by the Vicar, or by the Vice Chair (a Churchwarden) during an interregnum. ## Personnel The clergy at St John with St Michael consist of the Vicar, Revd Sarah Yetman, who has been licensed to the parish since 18th November 2018. Previously she was Priest-in-Charge. Jim Richardson con/nued to serve as an LLM to the parish. Ministry at St John’s has been supported by an able team of PTO ordained ministers, some re/red, others in different roles locally. We are deeply thankful for their ministry to us. ## v In February, Susan Wilson began working as our Opera/ons (Ops) Manager, an SDF funded role. She has quickly se`led in, geong to grips with the complexi/es of our sites and our boilers, as well as being the first point of contact in the church office, and doing valuable work to manage teams and events. Beth Parker took on 6 extra hours per week as Communica/ons and Media manager. Heidi and Beth both moved on to new opportuni/es but in August, Jo Okechukwu took over as our Children and Families pastor. She spends her /me building and developing rela/onships with the school, leading the Morning Hub and preparing for St Mike’s Kids, our Sunday morning children’s work. Again, this role is funded through the SDF money. The post of Worship pastor remains vacant. Helen Veit, our cleaner moved on in July to return to teaching. Beth Parker took on the role in addi/on to her other du/es un/l October, and then in December Piotr Wasik started. We are thankful for all those who have helped keep St Mike’s church spick and span for church users and leongs and hires. In addi/on to these paid roles, there are many voluntary leaders and workers who sustain the work of St John’s and St Mike’s. That includes ministry in children’s work, support for the elderly, pastoral care for the sick and bereaved, and in every aspect of church life and ministry. We are thankful for all who serve and make our church all that it is. ## **Vision and Strategy** St John’s Church and St Mike’s Church are both part of the Church of England Diocese of Winchester, and are the parish churches for this part of Bournemouth. As a flourishing Chris/an Community we pursue truth and build loving rela/onships. We passionately believe that the Chris/an Faith, expressed in the Bible, is as vital and relevant today as it ever was and ever will be. Together, we seek to grow in understanding and experience of God; explore who we can become in rela/onship with God; and live as a blessing to others and all of God’s world. influence; iden/fying needs in the community and either taking ini/a/ves ourselves to address them, or suppor/ng others who are be`er able to do so. Our passion is to serve others wherever we can and to welcome others who wish to join us, whether they are tenta/ve enquirers, or already commi`ed as Chris/ans sharing our vision. During 2022, we saw the world and our community begin to return to a sort of pre-Covid normality, even if the impact of the crisis is s/ll felt. As a church we’ve tried to step into a “new normal” where we live out our desire to support, care for and encourage each other in the name of Jesus, and reach out into our community. ## **Vision** posi/on to be able to spend some /me growing dis/nct iden//es for each of our church congrega/ons. Building on the past and the many years of faithful worship and service, St John’s remained a tradi/onal congrega/on with li`le change except what was necessary due to Covid. St Mike’s has had the opportunity to start afresh, inten/onally building ministry to young families. vi The new St Mike’s launched in December 2021 with a vision to be **a beacon of light and hope in West Bournemouth** , evangelising and empowering our community’s younger genera/ons in mission, schools, and leadership. Our goal is to build a church for everyone with a passion to live out the adventure of faith in a way that is a`rac/ve and engaging for those in their 20s and 30s, the biggest age group represented in our local community. We choose to ac/vely create a place of welcome for those speaking the 55 different languages of our church primary school. We’re craming a vibrant ministry to children and families of all shapes and sizes to reach the unreached pockets of our community and to see lives transformed by Jesus. Underpinning this vision, we hold the values that we as a church will always seek to Love God, Live Authen/cally and Wholeheartedly and Demonstrate Hope in Words and Ac/on. 2022 has been about working to solidify this vision and to see it come to frui/on as we have developed and grown as a church. Although we’ve had to work with fewer resources than we had hoped for, we have undoubtedly seen the Lord at work. We’re so thankful for everyone who has joined with us on our journey of growth. ## **Strategic priori[es** During the course of 2022, we’ve discovered that there are four main priori/es we’re choosing to invest in as a church community. **1) Worship:** We worship the Lord together, going deeper into the Word of God and growing in our faith through the power and work of the Holy. We do all we do because we believe in a great and mighty God who saves us though Jesus Christ. **2) Children and Families:** In our parish, 75% of the popula/on are under the age of 60 and many are much younger even than that. We want to ensure that both our churches are places where people of all ages and stages of life can be made welcome, and we hope to put on events and ac/vi/es specifically for the younger genera/ons to learn about faith and grow our church younger. **3) Radical Welcome:** No ma`er who you are or where you come from, we want people to feel welcome in our midst. We choose to offer hospitality as much as we can. We offer the welcome Jesus shows to us. **4) Mul[cultural:** We have the privilege to live in a mul/-cultural part of Bournemouth and Poole. Recently it’s been so exci/ng to see our congrega/on at St Mike’s start to reflect the beau/ful diversity of our community and we hope to priori/se celebra/ng and welcoming those who have come and adapt and develop our services and events so that they can be especially relevant to those new to the country and community. We know that one day in heaven we will be worshipping together with every tribe and tongue and na/on, and it seems good to get ahead of the game! ## Building Resources St John with St Michael has two church buildings, each with their own joys and challenges. vii St John’s Church is in good condi/on and underwent li`le work during 2022. Some fence panels needed replacing but apart from the regular expenditure and a li`le wear and tear, the church was not in need of repair. The inspec/ng architect, Jonathan Saunders, visited in February 2022 to carry out a Quinquennial Inspec/on. This pointed to the roofs as being the main significant challenge for the church in the coming years, along with some minor works to repaint metal work and clear gu`ering. Sadly on Saturday 25th June we were alerted to a break in at St John’s. Two of the stained glass windows were destroyed. However, these windows are in the process of being replaced with the help of insurance money. At St Mike’s, however, much work was both necessary and completed. In January, the gas supply to the new boiler in the Hall was connected, and finally the groups and hirers of the space were able to have the hea/ng on again. We’re very thankful for their pa/ence in dealing with the cold while we waited on the gas company to make this connec/on. water leak was inves/gated and fixed. Out the back of the church, An/-social behaviour has become a significant issue and we’re working alongside Blue Line Studios and James Michael House to try to increase police patrols and improve ligh/ng. There was a huge hole in the tarmac which has been repaired and two broken manhole covers have been replaced. During the summer, we repainted the Parish Centre, cleaning up and transforming the space which now is so much lighter. We did this with the help of a team of volunteers from the church which was fantas/c. In the Spring, we held a Spring Clean day, again drawing in people from the church family to help look amer the building and grounds. In December, some damp in the Sparrow’s Nest Pre-School was treated professionally. Roof repairs were made, although it proved to be a challenge to access the roofs at the back of the church due to the steep slope. The pigeons were finally evicted from the tower and the porch with the help of lots of wire mesh to prevent their access. tripping in and around the Doorstop Shop. So far this has proved frustra/ng. We are very thankful to the team who help with garden maintenance at St John’s and with the Faithworks Gardening team who manage both sites for us. Our priori/es for 2023 are to install cycle stands at both sites with the help of grant funding, to plan for ongoing and necessary roof repairs at both sites, to fix the boiler at St John’s, and to steward our resources so they can con/nue to serve us in the years to come. ## The Future Looking forwards, we are con/nuing with the mission God has trusted us with for the life of both our churches. viii At St Mike’s we will con/nue to reach out to children and families and others a`racted by our vision to be a beacon of light and hope in our community. We have been asked to meet certain outcomes to jus/fy the financial spend on our church. We’ve been asked to build a thriving and sustainable church community, in par/cular focusing on the missing genera/on (though a`rac/ve for all). We will be building disciples, growing our work with children and families, raising up voca/ons, both ordained and to Diocesan courses such as the BCM and the BPP. We’re expected to fully meet our CMF and be financially above the water and further down the road to be able to bring life and resource elsewhere. In order to focus our priori/es, we’ve created a missional plan. This helps us ensure we’re being strategic with our energy, /me, and money. Jo, our Children and Families pastor will be going on Maternity Leave from the end of April. We're longing to have an impact on our local community for the Gospel, seeing lives transformed by and for Jesus. Our heart is to create a church where people can belong and build deep rela/onships with one another and where everyone will find a welcome. At St John’s we con/nue to gather faithfully each week worshipping and celebra/ng community together. We are working to find a solu/on to the ever decreasing number of people we can call upon to help populate our rota and the increase in cost of running our building(s). Together, we’re hoping and praying that both churches will grow and thrive. We trust God to provide all we need to con/nue in his calling. ## Mission Partners In 2022 we supported 4 mission partners: Tearfund Interna/onal Care Network Safe Families Faithworks Wessex percent of our donated income each year to give to mission, money raised through events, but also partnership in prayer and support. A highlight of the year was again par/cipa/ng in the Tearfund Big Quiz of 2021 - many congratula/ons go to the winners. It was also a joy to celebrate with Faithworks in the summer in their “Li`le Victories” event which we hosted at St Mike’s. There we heard all about the small steps people took as li`le victories on their journey out of crisis which turned into big wins for the Kingdom of God. Our hope is to be able to support each other as we live out our purpose and calling, to support the work of each partner with volunteers and prayer, and to work together as Partners in the Gospel. Going forwards, we hope to strengthen these links and raise up champions for each organisa/on. We hope to hear from each of these organisa/ons in our services in the year to come. ix The Parochial Church Council of St John wi¢h St Michael Independent Examiner's Retmirt to Ihe TnLSteeq or the Parochial Church Councll ofsi John with St Michael I rewTrrt on ihe a¢counLS of the chariiy (or the year erthd 31.st Decertkn 2022 which are sei out on pages 2 ¢0 11 Resptetlve responslbllltles of trusttes and exarniner The TnJ%¢e&% are responsible lor the preparJti<)n of ihe accounts. Tr iwsiees CO￿￿]der that an audit is noi required for this year underseciion 144(2) of Charities Act 2011 2011 Act) aTwJ ihai an independent examination is needed. It is my resrrt)n&ibility to= Examine ihe xcounts Under seciLOA 145 of tlr 2011 Act: To follow th pmcethirts laid [k￿n in ihe geT*ra] Direciions given by the Chariiy Commission under eciion 14515Mb} of the 2011 Act: athl To $￿te wheiher particular matters have come tsb rny aiicniion. B&s15 of Independent E￿mIner'S Reiwt My examination wa% carTied OUT accorda￿* with ihe generdl Direciion5 given by the Chariiy Commission. An examination in¢ludes a ￿¥$¢￿ of ihe xcouniing reC￿lS kew by ihe chariiy and a comparison of the accounts presented wilh ihose records. Il also includes c(￿*1d¢1atIOn of any unu%ual items 01 disclosure5 in Ihe accounts. and Seeking explanations frorn you as n￿rnberS COTK¢rning any su¢h mail￿. The pr(ttdures tmdertthken do N)t PTovidc all eVIde￿e thai would required in an a￿111 aTKI consequ¢ntly no opinion is given as io whether the accounts pffseni a'in* aThJ fair view and Ille report is limited io ih05e m￿terS se¢ out in Ihe ￿xI siarerneni. Independent Exarniner's Statenrnl In conneciioll wilh rny examinaiion. no rn￿1er has conr io my alleniion: {1) whieh 8Lves me rea5￿￿b￿ cause io bel*ve in any maietial rtspect the requircTnenis: • ￿ keep accounlins r¢¢¢Kds in a￿￿dance wilh Jrctioft 130 of the Charities Act 2011; aThJ ts) P￿Part accounts which accord with accounTing records and eoryly with rhe accouNitL8 requiremenLS of the 2011 Act have been met: or 12) to which. in my opinion. *ieni1￿ slwld ￿ drawn in order to embie a Fyoper undeNanding of ihe accounts. 10 be re2c￿d. Sue Wtntle Independent Examirter AssociJ¢ion of Accounting Technicians 27 Ba¢tott Road Bournenh)uih BHII 8RJ The Paro¢hl*J a)urch Coundl of St John wlth St Michael Statemtnt of Financial Aetivitles For the year ended 31s1 December 2022 2022 2021 Tota15 Income and Endowments from Note Umrestrkted Restrlctrd Iksignaied Donations and ttg¥ies Mini%lry Leiiings Income from Churitable Actl￿tIe$ Invesimen Oiher I￿0￿ Tot41 96.702 887 39,219 1.025 97,727 1,287 YJ219 81.217 30.784 829 887 56.698 170.683 917 24.345 161479 ￿23 917 IW002 Expendlture on Admini51raiion Staff Building and Venue Mujor Works Ministry Mission Giving Ministry ActivitLe% Sthrt Up Expenses Tot81 7.251 59.240 9¥).226 40.572 7,251 59,24• 91,807 40,572 12,989 37,596 fA).897 70.158 2,693 3.028 501 8.850 196,712 io 1.581 12 13 14 15 16 3.650 1.577 3.947 208J07 498 4,148 2.079 210*86 Fund Movement {46J281 (5561 146384) 126.0291 C•8inllLosfjl on Investment Net Movement In Funts 4.110) 150.438) 14.110) 150,995) 4,370 121.6591 {5561 Fund Transfffs Reeonclllw15on of Funds Toial funds broughi forvJrd 46,881 3.677 9.426 81.643 Total funds carried forn•rd 21 (3357} 3.121 9.426 &989 59.984 The Parnrhi41 Church Cwncil St Jolm Wbth Si Michael Balance Sheet As at 31￿ Decetth 2022 No¢e iTnre51rKtfd Des*Nttd 2022 2021 Flxed Assets Inv¢%lnKNIs 17 34,916 Current Assets Bank Account Dcbtors & Prepayw*ni% 5.521 9.426 18,068 17.008 35,976 69.4￿1 14.308 83.708 22J29 9.426 Tdal Asstts 3.121 9J26 6U82 118624 Curr¢rt Ligbilili¢s Crdiiors falling due ￿thin (kne Y¢ar 19 156.8921 {56J921 138.439 Ciedii(x3 FtslliThg duc afEU y 120.2011 Net Asset5 le&5 Liabilitle5 13558) YA26 8.989 59.984 F¥mls Re*iricted Unrc51ricled Designated Total FuTrJsearrled forward 3.121 135581 9,426 3.677 46.881 9.426 59.984 (3.558) 9.426 21 13558) 3.121 Appruvd by the ufihe P￿bla) (￿[Ch C(wMil D signed Iheir behalf by TTU5ttt The Parochlgl Church Coll￿11 St John with St Michael Notes lo the Finllncial stgtements For the year ended 31st Deeember 21)22 Statement ofcomp15an¢e The financial sidtemenis have been prepared in accordance wilh ACt￿n11n$ aThJ Reporting by Chariiies Siaiemeni of Recommended Practice applicabk io charities preparing their accounts in 3¢Wdar￿ wilh ihe Financial RetM)rthng Siandard applicable in the UK and Republi¢ ofireldnd IFRS 1021. (¢ffeciive l January 20151. (Charities SORP (FRS 1021. the Fjnancial Siandard applicable in the UK and Republic of Ireland IFRS 1021. a￿1 ihe Charities Act 2011. Basls (4 pr¢p4r4¢ion The PJrochial Church Council of St John wilh St mic1kn￿l n*eL¥ ihe definiUOTh ora public benefji eniiLy under FRS 102. Asse15 and liabilities are inilially recogniyd at hisiori¢Jl co&i or ￿an￿10￿ value unless otherwi* Mated in ihe relevant accounting w)li¢y Exemption from prepariDg a tlow #*ternenl The chariiy opied to early adopt Bulleiin I publithd on 2 Feiw 2016 aThJ have ￿￿fore inc1￿1¢d a c&sh flow sia*m¢nt in in ihe%e fJnan¢ial ¥taiertMI%. Gohng Concern Tr iruslccs ron4ider IhJl trre are ￿ nMteria] ￿nCertainl]eS alxjui charli￿5 abilily to eoniinue as a going concern. Income a￿1 E￿lOwMents VoluDiary Inco￿ ittcluding donaiion4, 8ift%. legacies and grJnts ihai provide Core fundin8 ￿ are of a general naiure and are recognised when the chariiy has enriLlemeni io ihe li is probable thai the ir￿0￿￿ will be [￿e1Ved and lh¢ amount can mta4ured wilh 5uffLcieni reliability. Donations and t￿8#d¢S Donations lind legacie.% are rttognised on a receivable wlyn receipi is probable and Ihe arnunts can be reliably mel￿￿red. Inyeslrnent Xnem Inierest on fund.% held on dep)sit i.s iKlwJed wkn rtteivable and the a￿￿nI can ￿ n￿asUred reliably by the rhatily. this is nornmlly utM)n noiifi¢aiion of the iniere%i paid or pyable by bank. Exp¢Trdityre All expendilure recognised once Ihere 18 a ]egal 01 constnjctive oblLg¥tion io thai expendiiure. it 15 probable serilerneni is required and amount can be mea%ured reliably. All co%ts are alk￿ated io the applicable expendiiure heading Ihai asgregaie similar cos to ihai ¢ai¢gory. Where ¢antMli ￿ directly allribuied 10 panicular heading5 Ihcy have been a]loc￿ed on a basis Consis￿nI with these of re%ourees. with tenirdl stliff allocated ￿ tr¢ of time yni. and depreciation charges allocated on the portion of Ihe absets ube. Other bUllW)rt ¢OSL% are alliKaied on the of ￿Qff coM5. Cthgritable Aeliyities C]Mriiable expendiiure comwises those co￿5 incurred by ihe chariiy in ihe delivery of its *livilies and %ervices for irs beneficiaries. 1¢ include¥ both COSL4 thai can be allocaied direcily 10 ￿tiV*s and I1￿ COSLS of an indittci naiure io support ihem. Gr4Dt Provislons Provision5 for grants are rr]ade when ihe inteiiiion to Thke a grani has been commuDicawl io th¢ r¢¢ipient bui thert is uncertainty aboul either the timing of the grani or ihe a￿)Unt of gram payab]e. The Parochial Church Coundl of st John with St Michael Notes lo the Tr"in2nci81 statements For the year ended 31st December 2022 Governante Costs These include the eost8 aitributable to ¢he ¢harily'¥ compliarte with cortstiiulional aThJ SWul(Ky requiren*nts. I￿luding audii. siraiegic ma￿geMe￿ and INsi¢e % meeiings Jnd r¢imbyrsed eXpeTh￿. Taxation The chariiy is considered ro pos5 the lesi% sei oui ill Parngraph I Schedule 6 of ihe FinatKe Acr 2010. and rherefore li Tneeis the definition uf a chatilable company f(pr UK Corpo￿10￿ thx puryw5. Accordingly, Ihe c￿lTItY 15 poiei)lially exemo from t&xation in respeci of in¢ome or capital gains received within caiegorkes covered by Chapter 3 Part I l of the Corporaiion Tax ACL 2010 or Seciion 256 of the Taxation of Chargeable Gains Aa 199? to the ex*ni thai Mlch irKorne or gains are applied exclusively io chariiable purposes. Flxed Asset Investments rixed d%sei invesimenis, Other than pro8ramnr rclaLed invesTrnents. are I￿luded at marka rJlue ai ihe balance sheel date. Realised gal￿$ Jnd los%es on inve%tments are calcul2*d ai the difference l￿wttn sa]es ￿￿eed* 2nd their market value ai Ihe stan of ihe year. or their sub%equent cosi. arKI are charged or crediknl io ihe S￿er￿MI of Financial Aaiviiies in ihe peri(yJ of di5￿}5a]. Urtrealised gwns and los%es represent the M0ven￿￿t irt n￿￿tI va]uts during the year aThJ are crediied or charged to the Siatemeni of Financial Aciiviiies based the market value ai ihe year end. Cash and Cash EquRvalents Cash and cash equivalents cornprise cash on hand a￿1 call dew>5iis. arwj (Al￿r short term highly liquid inve5ttr*nis thai are readily convenible 10 a known amouni of c&sh and ate wbieci io an insignificant Tisk of change in value. BorroThinEs BotTowings 111 these xcounls are in*re5t frtt k)aThs to Ihe rfc Fund Structure Unrebiricied I￿On* fuEvts' are genernl fuThJs ihai are aval￿b￿ for use * the INiltt'S discretion in furtherdrKe of ihe objectives of ihe chariiy. Resiricied Incon￿ funds are those donation for use in a particular aTea OT for 5￿cIfIC purposes. the use ofwhieh is re8tri¢ted 10 that orea or purpose. The Parochlal Chureh Counell ofst John with St Michatl Report of the Trustcts for tht Year e￿Ied 31st Dteember 2022 FINANCIAL REVIEW Tr Statement of Finartcial Aciivilie.% on page 2 $1¥)w$ a I￿al defKii of £50.WS {defLCiI 2021 £21,659) atwj deficit of £46.885 (deficii 2021 £26.O291 ￿fOre ihe inVeStn￿nt lo&s of £4.110 Reserves Policy 1¢ 14 lh¢ wli¢y of ihis Church to hold in reserv&% ihe equivaleTrt of thtee nM)nih% general rvnning costs. In under5tarKling that ihe Bibk cleaily indicate% that we should Aot TrKJard li is al%0 clear rhai Sensible planning 15 impDrtdinl. These reserve.s are held to cover any ur*xrrtted red￿￿10n in our iTKOTrt. c8￿CLa11Y from our hall leuings and also any nknjor unforv£en com% ouiside our annual 1X￿Se1. The Parothial Church Council ol St John wlth St M5dMel Slatement of A¢tiviti¢s Analysts of Ineome & bxpenditure for ihe year ended 31st December 21122 INCOME A TriD ENDOWMENTS FROM Do￿tiO￿5 and Legacie5 2022 2021 CollLYiions th)naiions and L¢wi¢ Gifi Aid Tax 71 5,531 7.045 38.192 29.194 1.019 165 81.217 7.272 53.716 ?9.￿5 7,27Z 53.716 ,905 Plattncd GiviL)8 Si¢w4rdship Sumup 2.167 1.1125 97,727 Mlnl Childrcn arml Youih work chU￿h Aciiviiie5 T¢arfund Ukraine 268 45 35 345 345 Leltlngs Blue Line Parish Cent Sparrows Ne Si John's Church St John'8 Ilall Si Michael's Hall Uiilily Re¢harg¢ 6.600 I,D34 13.962 3JlO 4,62• 6, Ilj) 286 12,998 1,655 4.wl 5.IK>7 737 1.034 13.962 J.310 4.620 427 427 39 In￿￿¢ Ch4rltsbl¢ AttlvS¢lts Fees Fur￿ Raising ConcerL%IFdes 348 668 158 408 819 IDvestm¢nts Dividends 917 917 887 Othcr lllcome Furniiure pjweeds In*urance Claim SDF Re¢lain) SurKJry Income VAT Refun(is 3.784 14JL? 14522 40,078 195 9.628 195 12,836 56.698 Totil In¢ome Ind Endowmtnts 161479 I￿23 I64,(￿2 170.683 The P8rochial Church Coundl ofst wlth St Mlchael stht¢m¢nt ot Fln*ndai Activilies Analysis of Income & Expendilure for the year ended 31st Detember 2022 Ch•rll•bl¢ A¢¢lvl(y Co Adrnini51ralion Accouniancy B4nk Chtyrge. Bookkeeping 2O22 21121 255 139 912 174 924 107 436 632 6?2 174 924 107 436 032 622 t£asing Otrice EquipnKni ¢cn¢¢s LoaTh Inicre Markeiing & Publieiiy Media Cotn o(rice & Sundry Expenses Phoio¢opyin8 Posiagc Publicity Sub%cripliott Telcphone 166 6.826 348 763 763 1.755 168 13 28 475 I,OS6 12.9¥9 646 969 7351 St•ff Clergy ExpeTr5es Pension Plxemenl EXpc￿se Salaries Siaff W¢l(¥t Training lJ42 1¥2 130 S6h 452 50.634 452 482 36.382 278 59 BvildingaThl Venue Ckaning Eleciriciiy & G&$ Insur￿ce St John's Insurnnce Si Jthn's Hall Insurartee St Miehael s 286 35204 4.591 76 19.1É6 4.285 353IM 4591 6J59 6J59 6.122 Mainienanee & Faciliiies Si John s Church Mainlcn4nr¢ & h¢ililie5 St John s Gtourtds Maintenance & Faciliiie5 Si John's Hall Mairti¢nfjnc¢ & Fa¢iliiies St Michacl's Church Mainicnance & Faciliiie% Sr Micha¢l'% Hall MairtieTMnce & Faciliiies io Parish Quinquennial R¢fus¢ Waier 16.114 17.017 678 385 678 969 19.125 5,078 14.826 476 939 E4)2 2.072 90326 14126 476 939 6•2 2.072 91,807 679 60,897 io Major Work5 40572 . ￿72 70.158 The Church Councll of st John fwlth St Mlduel S¢a¢eNJeD¢ vfFJnanciaJ Activities Amlysis of Income & ExpeThliture for the year ended 31st Deeember 2022 2022 2021 Charilable AcliTrily cl￿ Continued Mintstry C4Liering Chriama% 168 275 725 Hospitalily MinI￿ry Social Expen8e5 Sp¢¢ittl Events Sunday Servicrs Worship athd Servi 416 126 416 126 1,222 272 579 212 Y19 205 2.693 l2 Mission Giving Faiihwork ICN Migiion Safe Families Te.s¢o D¢v¢h)pmeth Fund Ukr4ine Tear Fund 950 900 757 737 757 345 153 498 345 757 3.028 13 3.650 mIn￿try Ad1Vi￿e5 Children Ministry & Ouirtsich Pareniing Pa%ioral Youth Wedding 1.274 189 18 1374 189 18 10 501 14 StsTi Up 8.850 Total Ch#ril*bk AdiTrili(* 16 The P*roehlal Church Couthc rfsi JOI￿ with St Mlth Balanc¢ Sh¢¢t Nrfes As a¢ 31$¢ ik¢eDthr 2022 Note 2022 2021 17 Flxed Assel InY¢s¢N¢rt Valugtion 01.01.2022 Revaluation Ilossl V•loalion 31.112•22 34.916 4.110) 30.546 4.370 34,916 Dthors Blue Line Uiiliiy r¢¢harg¢ 737 10 Fu￿ra] Fee Gift Aid Tax Gnni InsuRnce aaim BaTrki118 L*tiings Prcpayn*nl Utiliiy supplier VATCI4irn Wilko 229 163 939 13.032 155 1.450 782 275 1.877 341 827 7.861 10 17Jll 14.308 19 Crtditors: fall￿ due wlthlu one year Arcrua15 Di(K¢s¢ Fcc Di(K¢F£ LoaD Fee Conirol Key Dep)sits 28.011 8,503 277 19.799 150 2D.2UI 38.439 Creditors: fw111￿ *frcr y DiLKe%eL()an 20.201 10 The Parochial Church Coun f Sl JobD with Si Mith¥¢l Balance Sheet Notes As At 3151 D2rtnther 21122 21 G*in on Uglgnrgs 0wtgol￿ Tr￿￿re[S lllvr51nJrn¢ .rwd C.Fwd Rc51rxded FMRds EntTgy Organ Si John's Projca Si John's 25 25 2.975 29 1.394 29 Si John'% Ploy Area Tear fund Tower Vkriane Mic￿1.5 Re-￿c￿￿1oTr 15) {1531 345 1345) 673 677 673 1121 iJ23 {L0791 DÈ¥lgtwtsd 6,64D 2.093 93 9A26 Si s Lighis Si John s N￿1¢¢ BoaDJ 2.693 93 gA26 cYeLYr￿ Ftsnds 162.478 1208.807) 4.110 13 TotAI Funds 59.984 (210.8861 4.1101 ￿989 lThJtpendenl Examlner5 Re￿n￿r•t10 2.022 2021 IndcpeNleni Examiner Fee 255 Trll%tee *nd txptms No Iruhtee. Ilof arty wilh Ihem. haye tethvtd any ftom ihe th*iiy durikng Ihc year. No itu ￿ceived tthal eryloyee kn￿rit5 or0￿r £fQ.t CommlimeNts There wtst no ¢hariiable ¢oThnilW*J)1s a% * 31￿ Dettmt*r 2022 Taxation The Charity is a YeBi%tered Chariiy and therefore fmm iaxatiolb