2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St. Michael, Breaston

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Contents	Contents
Administrative information ..
~	Reference details .	.......3
	Charity Trustees .	3
	Bankers.	.......3
	Examiner	.......3
	Clergy Licensed to the Parish.	.......3
	Day-to-Day Management.	.......3
	PCC Members	.......3
Structure, Government and Management. .		.4
~	Governing Constitution ..
~	Risk Management Assessment.
~	Health and Safety
~	Public benefit.

Annual Report for 2022
~ Appointment ofTrustees
~ Financial Year
Investment policy and objectives.
Reserves policy .
~ Standing Committee.
~ Parochial Church Council (PCC)	..
Objectives and Activities
Achievements and performance
Independent Examiner's Report to the Trustees ofThe Parochial		Church Council ofthe	Ecclesiastical
Parish ofSt.Michael, Breaston.			8
Statement ofFinancial Activities.			9
Balance sheet.			10
Statement ofassets and liabilities.			10
Analysis ofincome and expenditure			11
INCOME AND ENDOWMENTS	.		11
EXPENDITURE .			12
~ Notes tothe financial statements	for the year ended 31"December 2022.....		....I3
ACCOUNTING POLICIES.			13
Approval ..			13

							Unrestricted	Restricted	Endowment	Total	Prior year
							funds	funds	funds	funds	total funds
Incoming resources
Incoming resources	from	generated			funds
Voluntary income							113,328			113,328	105,462
Activities for generating			funds				5,280			5,280	4,587
Investment income							(7,844)			(7,844)	29,691
Incoming resources	from	charitable			activities		21,132			21,132	15,760
Other incoming resources							4,638			4,638	6,118
Totalincome							136,534			136,534	161,618
Resources used
Cost ofgenerating	funds
Cost ofgenerating	voluntary			income							1,005
Charitable activities							141,708			141,7D8	124,116
Governance costs							699			699	630
Total expenditure							142,407			142,407	125,751
Net income / (expenditure)			resources			before transfer	(5,873)			(5,873)	35,867
Transfers
Gross transfers between		funds		- m							12,564
Gross transfers between		funds		-out							(12,564)
Other recognised gains/losses
Net movement in funds							(5,873)			(5,873)	35,867
Total funds brought	forward						206,124			206,124	170,257
Total funds carried	forward						200,251			200,251	206,124
Represented by
Unrestricted
Designated							20,000			20,000	20,000
General fund							172,846			172,846	178,719
Designated
Church improvement gc		maintenance				fund	7,405			7,405	7,405
Restricted
Agency collection

			General	Designated	This year	Last year
Current assets - Cash at bank and in hand
Bare lays current account			9,464		9,464	5,730
Bare lays deposit account						101
Lloyds Bank Current Account-			10,089		10,089	743
CBFdeposit account No1-			16,603	7,405	34,008	38,008
		Totals	46,156	7,405	53,561	44,582
Current assets - Investments
CBF - Investm ant Fund CBF/6111910030-			146,821		146,821	161,542
		Totals	146,821		146,821	161,542
Uabillties -Agency suounts
Agency colie etio ns-			130		130
			130		130
Liabilities - Creditors: Amounts	falling due in	one
year
Accounts Payable-

								Total
		Unrestricted		Desi nated	Restricted	Endowment	This	ear	Last	ear
INCOME AND ENDOWMENTS
Incoming resources from generated		funds	Voluntary	income
Gift Aid —Bank			81,372					81,372		76,087
Gift Aid Collection			971					971		2,007
Other planned giving			2,501					2,501		1,826
Loose plate collections			5,809					5,809		3,140
Church Re-Ordering Project										100
Flower Festival & Easter Journey	Income		50					50
Gift Aid			15					15
Young Church & Sunbeams			1,260					1,260		1,854
Casual Gift Aid										59
Tax recoverable on Gift Aid			20,887					20,887		19,435
Non-recurdng one-off grants										2
Other funds generated			463					463		952
	Total		113,328				113,328		105,462
Incoming resources from generated		funds - Activities for generating			funds
Magazine income - advertising			3,040					3,040		2,313
Parish magazine sales			2,240					2,240		2,274
	Total		5,280					5,280		4,587
Incoming resources from generated		funds - Investment		income
Dividends			(14,721)				(14,721)			23,268
Bank and building society interest			227					227		43
Rent from lands or buildings			6,650					6,650		6,380
	Total		(7,S44)					(7,844)	29,691
Incoming resources from charitable		activities
Renew Wegbeing donations			123					123
Fees for weddings and funerals			4,331					4,331		2,273
Church hall lettings - objectives			16,678					16,678	13,487
	Total		21,132					21,132	15,760
Other incoming resources
Youth Worker			4,638					4,638		6,118
	Total		4,638					4,638		6,118
INCOME	TOTAL		136,534				136,534		161,618

Cost ofgenerating funds - Co	st ofgenerati	ng voluntary income
Other Restricted				1,005
	Total			1,005
Charitable activities
Giving to missionary societies		5,915	5,915	4,445
Giving- relief and development	agencies			24
Home mission		5,548	5,548	3,473
Mission projects - expenditure		554	554	100
Renew Wegbeing		854	854	790
Ministry Common Fund		65,705	65,705	63,059
Salary of parish administrator		4,495	4,495	2,595
Working expenses ofincumbent		414	414	103
Funeral, wedding and other related costs		2,039	2,039	964
Rectory —water		546	546	497
Youth Worker and costs		15,093	15,093	12,653
Young Church &Sunbeams		6,803	6,803	6,395
Church running -insurance		2,166	2,166	2,100
Church maintenance		5,139	5,139	3,171
Cleaning		3,399	3,399	2,578
Upkeep ofservices		2,047	2,047	1,770
Upkeep ofchurchyard				20
Administration		1,171	1,171	1,700
Computer Hardware &Software		1,569	1,569	1,496
Church running -electric		5,411	5,411	5,447
Church running -water		95	95	32
Magazine expenses		2,881	2,881	2,740
Hall Management		788	788	60
Hall running -electricity		703	703	963
Hall running -gas		604	604	731
Hall running- insurance		1,160	1,160	1.113
Hag running- maintenance		6,485	6,485	2,511
Hall running- water		123	123	107
Hall+ major repairs —structure				750
Library upkeep				650
Re-ordering Project - Church				1,080
	Total	141,707	141,707	124,116