Annual Report for 2024
St. Michael's, Breaston
Growing as followers of Jesus
Annual Report for 2024 of
The Parochial Church Council of the
Ecclesiastical Parish of St. Michael,
Breaston
Contents
AdmlnlstraJve Informth........................................................................................................................
Reference details.........................................
Bankers................-.-.....-......-...............................................................................................................
Cler8y Llcensed to the Parish......................................--...................................................................
Day-ttrDay Management.................................................-.................................................................
Structure, Government and Management.........................................................-
Risk Management Assessment.................... .........................................................................................
Health 3ndS7fety......................................................... .... . ................................................
Public benefft........-..
Appointment of Trustees...............................-..-....................................................................................

Annual Report for 2024
Trustees, Rewrt.........................................................................................................................................
Investment policy and objectives............-.........................................................................................
Standing Committee..............................................................................................................................
PafochialChufchCfj¥nci14PCC)..............................................................................................................
Oblectives and Activsties............................................................................................................................
Independent Examiner's Report to the Trustees of The Parochial Churth Council of the Ecclesiastical
Parish ofSt.Mithael. Bre35ton..................................................................................................................
Statement of Financial Activities............................................... ........................................................
8alarTce street................................................................................................................................... 10
Statement of assets and Itablllties......................................
io
Analysis of Income and expendlture................................................................................................
INCOME AND ENDOWMENTS..........................................................................................................
EXPENDITURE................................................................................................................................... 12
Note5 to the finandal statementsfor the year ended 3151 December 2024....................................... 13
ACCOU14T4NG POLICIES.................................................................................................................... 13
Approval....-..............................................................................................-............................................... 13

Annual Report for 2024
Administrative information
Reference detalls
SL Michael's Church. Breaston PCC 15 a reglsiered chaiity, number 1165581, its full name being The Par￿h1o1
Church Council of the Etcle5iaSticul Pansh of St. Mlchoel. Bre05ton. The address of the church Offi￿ is St.
Mlchael's Church Office. Main Street. Breaston. Derby. DE72 3DX, telephone101332) 872094. The date of
registration as a charity is 16 Febn￿ry 2016.
Charlty Tnstees
The members of the PCC are classed as the trustees of the tharity and their names are ltsted below (under PCC
Membetsl.
Bankers
Our current and depo%t accounts a￿ held by Lloyd5 Bank plc, 8 Tamworth Rd. Lon8 Eaton, Nottlngham NGIO
J.
Further dep051t aThl Investment funds are atso held wlth CCLA Inveslment Mana8ement Ltd.. One Angel Lane
London. EC4R 3AB
Examlner
At the 2024 APCM. the PCC recommended that we re-appoint Clayton & Brewill a5 IrNlependent Examiners. This
motlon was approved. Clayton & Brewill have condurted an ex•m•natic•n of these accounts and the underlylng
cords and thelr report is found on pa8e 7.
aor8y Ucensed io th4 Parfth
Rev'd Marla Przeslawski
IPemi551on to Off•ciate: c(kopted to PCQ
Day-ttrDay Mana8ement
Day-to-day management of the charfty is delegated to the Rector In conjunction wlth the stsff Team.
At 31 December 2024, the stsff team comprised:
Re¢d Chr5s Smedley
Dr. Jo Whitehead
Steve Lacey
Jodie Mcconnell
Hannah Knlghton
(Rector- retlred 31° May 20241
(Actin8 Team Leader- appointed l June 20241
(Youth and Community Worker)
(Young Church & Sunbeams Worker)
Administrator & PCC Secretsry
The Standln8 Commiitee comprlses the Churchwardens. the PCC Treasurer lalso actlng PCC Chalrl and the PCC
Secretary of the Parochial Church Council. The Artin8 Team Leader. Dr. Jo Whltehead. also attends the Standin
Committee meetiry
PCC Members
The PCC members who formed the PCC after the APCM In March 2024 a￿..
Mark Hu5kisson
Stephe Bowley
Ichurchwardenl
(Churchwardenl
Ele¢ted ft￿mberS (unrf12026APCMJ
Richard Warburton
Laura Nevmian
Laura Holliday
Phil Lee5
Colln Lowe
(Deanery Synod)
(Deanery Synod)
Elertedmembers (unts"12025APCMJ
Hannah Knighton IPCC SecTrtary)
Anne Long
Rachel Lacey
Ekntednwnkn luntsY2027APCMJ
Paul Stutile (Arting Chair and PCC Treasurer)
Ste¥e Lacey

Annual Report for 2024
Structure, Government and Manc7gement
Governlng Constitutloft
Parochial Church Counal (Powers) Measure 1956 are applicable. The PCC is a body corporate and a
re8lstered charity.
Rlsk Management Assessment
In common with allother organisations. the PCC is potentially at rlsk from a number of sources. The PCC are
responslble for ensuring that these rlsks are reviewed so a5 not to expose the PCC to undue rlsk and that the
PCC Is In a posltlon to correctly deal wtth any situation that may arise. Rlsks have been assessed and, where
possible, mitlgated. Examples of areas that are kept under review Include:
Flnandal Strate8y. Ensuring that we have sufficient reserves to meet expenditure and that income levels
are maintained. Regular management accounts are supplied to budget holders and the PCC.
Data and Copyrfght Protectlon. Ensurln8 that we compty wlth all current regulations. There is a Data
Protection policy in place to comply with GDPR.
Employment Regulations. Ensurlng that all current le8lslatlon and regulations are complied wtth and Trest
practice, in employment matters is observed.
Insurance. Insurance levels are revlewed annually.
Property. The Church building Is professionally surveyed every 5 years and a maintenante plan developed.
Safeguarding. A policy is in force for the protertion of children and vulnerable adults In the care of the PCC
and its volunteers. A Parlsh Safeguardlng Officer is appointed by the PCC and Is responslble for ensurln8
the poficy is enforced.
Intemal Flnandal Control& Expendlture and Income are reported against budget and last year. Bank
statements are reconclled monthty and two $18natures are required for all payments, the majorlty of which
are online payments. Cash is banked regularlv.
Health and Safety
The Health and Safety Coordinator (currently the Standing Committee) is responsible for ensuring that all
the Heatth and Safety pollcles are kept up to date and adhered to. and that regular safety checks are
undertaken.
Public benefft
The PCC has considered the guldance of the Charity Commission with regard to public benefft. In planning
actlvlties, the PCC consider Charrty Commission and Diocesan 8uidance and how it relates to our objectives.
Appolntfnent of Trustees
Any person on the Electoral Roll ofthe parish may stand for election to the PCC. There are up to 9 'ordinarf
elected members of the PCC who serve for a period of three years. Ex-officio members of the PCC are cler8y
licensed to the parish. churchwardens, lay readers and members of deanery, diocesan or general synods.
Churchwardens are elected annually at the Annual Meeting for the Election of Churchwardens. Electors are
members of the church Elertoral Roll and those on the civil electoral roll for the parish of Breaston.
Page 4

Annual Report for 2024
For (rther elected members. elections take place at the Annual Parochial Churth Meeting (which
immedlately follows the Annual Meeting for the Election of Churchwardens); the elettors are only those on
the church Elertoral Roll.
In both cases, all candidates must be proposed and seconded in wrltln8 by persons entitled to attend the
respettive meetings. There is no recruitment method for trustees. as all Roll members are eli8ible. Upon
appointment. new trustees are provided wlth the Charity Commission Guidelines relating to their legaT
duties and the smooth running of the PCC
Page 5

Annual Report for 2024
Trustees, Report
Financlal Year
The financlal year runs from l January to 31st December.
The income of St Michael's PCC in 2024 was £173,226 {£171,S93 previous yeorj and expenditure totaled £
190,894 (£167,659J of which the Common Fund was £58,780 (£65,705).
The net deficit for the year was £(17.668} (2023 Surplus £3.934). This was arrived at after the net Increase in
the value of investments of £8,44312023 Increose £18.573)
Cash reserves and investments were £186,566 f£204,546) which is well within our reserve pollcy.
Investment pollcy and objectlves
It is the policy of the PCC to invest surplus funds wlth CCLA Investment Management Ltd.
Reserves poll
It Is PCC pollcy to maintaln suffKient reserves of cash to enable payment of three month5, unrestricted
expendlture and a sultable sum to cover emergency situatlons. Currentty. the surn considered to cover these
potential outgoin8s Is £70.LM)0 (£60.0￿).
Standlng Commlttee
The Standin8 Commlttee Is a commlttee of at least fNe people requlred by ecdeslastlcal law, whlch states
that the minister and thurchwardens are ex officio plus at least two other PCC members Èlected by the PCC.
By convention. the PCC Secretary and Treasurer are elected, but this can be changed at any tlme by the PCC.
The Standing Committee has the power to transart the business of the PCC between its meetln8s, subject to
any dirertlons given by the PCC. It meets (usually monthly) between meetings of the PCC.
Parochlal Church Councll (Pca
The PCC normally rneets bi-monthty." there were six normal meetin85 duringthe year. includin8the meetln8
to appoint officers Immediately after the Annual Parochial Church Meeting IAPCMI.
The law applicable to charitles in England and Wales requires the Trustees to prepare flnancial statements
for each financlal year. In so far as the Trustees are aware:
there is no relevant Infomiation of which the chariVs independent examiner Is unaware, and
the Trustees have taken all steps necessary to make themselves aware of any relevant Infomiation and to
establish that the Independent examlner is avrnre of that information.
The Parlsh is currently'in vacancrf alon8 With the other PCC in the benefice- the parish of Wilne with DraycotL
The 2 PCCS are workin8 wlth Derby Oiocese to recruit and appolnt a new par time Priest in Char8e. Dr. Jo
Whitehead who is a licenced Reader has been appointed a5 acting part time Team Leader to lead the St.
Michael's team durin8 this vacancy and to develop the Parfsh Profile.
ObJectlves and Artlvltles
The PCC has the responsibility for workln8 With the Rettor (when in post) in promotln8 the parish of St.
Michael's, Breaston in the communltyand the whole mlssion of the Churth. Ourvlsion is Yo grow as
disclples of Jesus". Our mission is the way that we work out the vision, by:
Loving God, ourselve5 and others
Experiencing the reality of God in everyday lrfe
Serving, support, shoring
Page 6

Annual Report for 2024
The church provide5 worship and teaching servlces on Sundays-
at 8:45 am in a traditional fonnat,
at 10:30 am in a more contemporary forniat.
Evensong at 6:30 pm (alternating with the sister parish vllthin the benefice).
There is also a communion service on Wednesday at 10."30 am.
Worship and teaching for thildren are available at the 10:30 am Service.
Due to the vacancrf. not all of these services now run every wee
Communlty and young peopl
Youth groups
Explorers
Youth Café
Sunbeams for parents and toddlers
'Renew' Wellbein8 Café
'Living Hope,
The servlces are open to everyone regardle55 of personal background, gender or personal clrcumstances.
Achievements and performance
Many costs continue to have been afferted by inflatlonary pressures. Whilst energy costs have stabilised,
they are stlll considerably above 2022 levels. Givln8 has remained largely static which reflerts some of our
members who are on pension5 and others tho are hit by inllation & hi8her interest rates.
The deftcit was £17,668 which was arrived at after over £20.OIXI of improvements and updates in the church
hall and Old Llbrary, the latter bein8 let to new tenants In 2024.
In spite of turbulent international markets, the CCLA Investment fund increased by £8,443 In the yÈar to 311¢
December 2024.
The PCC has taken advanta8e of the Parlsh Gfvin8 Scheme, which has simplified admlnistratlon with Glft Ald
claim5 processed monthly, improvlng cash flow.
A 'Rene￿ Wellbeing Café for the community continues to provide social and other actlvities for supportin8
wide ran8e of people. We are 8rateful for Warni Space. fundln8 from Dert)ySh1￿ CC to 5UPPOrt this work.
'Living Hope, provides sUPPOrt for people with famlty or friends strugglin8 with addictions
Our Youth and Children's workers continue to run Youth Groups, 'Explorers' and Youth Café weekly
activitles, all of whlch have shown encouraging 8rowth in the last year.
Independent Examinerfs Report to the Trustees of The Parochial
Church Council of the Ecclesiastical Parish of St. Michael.
Breaston
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31st
December 2024 whlch are set out on pages 7 to 13.
Responsibilltles and bash of rep(rt
Page 7

Annual Report for 2024
A5 the charws trustees you are responsible for the preparation of the accounts in accordan￿ wlth the
requlrements of the Charlties Act 2011 ('the ACVI.
I report in respect of my examination of the thariws accounts Ca￿led out under section 145 of the Act and
in carrylng out my examination I have followed all the applicable Direttions given by the Charity Commission
under sertion 145(51(bl of the Act.
Independent examlner's statement
I have completed my examination, I confirm that no material matters have come to my attentlon in
connection with the examination Eiving me cause to believe that Sn any material respect:
accounting records were not kept in respect of the charlty as required by section 130 of the Act; or
the accounts do not accord with those records
I have no concerns and have come across no other matters in connectlon with the examlnatlon to which
attentlon should be drawn thls report in order to enable a proper understsndin8 of the atcounts to be
reached.
Name..
Sl8ned: •
Date:
lo.￿.
Address: Clayton & Brewill Chartered Accountants, Cawley House, 149-155 Canal Street, Nottln8ham, NGI
7HR.
Page 8

An4u+I,Ryrt for 2024
St. Michael's, Breaston
Growing as followers of Jesus
Statement of Nnanclal Actlvltles
nds
funds
fvnds
funds
total funds
In(t)m5n8 r•sour¢
Incornin8 restyJrcesfromBenerated funds
Voluntsry IrKome
ActIvIt￿5 forgener￿￿￿fim￿s
Investment Income
Incornlng resources fiom tharltsble aal¥ltles
Other Incomlry res(wrces
Total I1K￿m•
iU,839
261
22,104
111839
261
22.104
34.096
3.926
112.2S3
4,591
26,8S4
23,333
4.462
171591
3,926
Cost of generatln8fvnds
Cost of 8eneratln8 voluntary IrKome
Charltable athvitie5
GoVernar￿e costs
Tot41 •xp•ndkn•
,174
720
1%1,174
720
166,963
696
167M9
117M8}
3.9>4
Tr•rthrs
6ross transfers between lunds- In
Gr055 transfers be￿en funds. o
Oth•r rA£q￿•d 110sMS
Net
117*611
117WJ
Tot•1 for*wd
Tot41 funthorrledforwwd
IW17
194517
Bewemnted
Unrestrfrt•d
Desl8nattd
General fund
20.(
I66￿17
20.000
166,517
20.LbXS
176,780
D•sl8nat•d
thurth improvemEnt & makrtenarte frjnd
5.455
5.455
7,405
ency colkthon
49
49
338
Page 9

Annyal Report for 2024
Balance sheet
Class and wde
Thi5
Last
ar
Clxiyrtei EquiP￿￿rt
Offitr Furnttu
Lh)yd5 Bank Currentknnt
CBF dep)s￿ Kcount No i
17236CIJ Nomlhal Treasury
CBF- Investment Fund CBFI612191￿3o
Accounts Recer¥7blE
5,ni
10.145
29.C¥]8
173,837
165.393
U•bHltle5
49
13381
699
PKcounts Payable
Totsl Ll•b4111
49
116,517
Res•r¥•s
T￿￿5/ Idefkltl to date
Startln8 baLatx*s
117.6681
204,185
IW17
3,934
2C¥).251
201,185
Unresrrlcted
Designated
Restrkted
Endowmert
Trt
181,062
5,455
196,780
14517
204.185
Statement of assets and Ilabllltles
General De5knated RÈsirfLt•d ETrd¢)wmert Th15 year Last
266
iW5 Bankcurient Auothi-
CBFdepoyE a¢fount 110 I.
5.771
10.145
2Y,L¥JS
39.tsj
ILn9
CBF- I￿$1m*￿t Fu￿1 CPF1611191(IJ30-
ITS￿?
17V17
173.837
173A37
165,393
165.J93
Uablth*s.P4*lqTarcuM
49
338
Counts Payabfe-
Page 10

Annual Report for 2024
17
Analysls of Income and expendlture
Total
INCOME AND ENDOWMENTS
¢omlni resourcesfrom fvnd5- Voluntary
Gift Ald- Bank
75,259
GiftAid Colection
Other planr*d Rfvlng
Loose plate collectbns
Church Re-orderlng Pfoject
Flower Fesir¥al Inwme
Glft
Young Church & sun￿M$
Casual Gfft
Tax recoverab￿ on Glft Ald
Legacles
Non4e¢urrln8ofieryoff grants
Other fund5 ienerated
78.353
78.892
loo
1,740
5,137
994
5.420
5.420
140
2,6&)
24510
24,540
19,989
s.000
732
109.745
787
112,353
Total
111839
Magaz1￿ Incfjme- ad¥trtisl
Parlsh n￿l&llne sa￿5
2.362
2,229
4,591
261
261
261
261
Totsl
Dlvldend5 and IrKrease1ldeue￿j
Investments
Bank and bulldln8 Interest
Rent from knds or buildings
8A43
B.443
18,573
L456
12205
21104
L456
12,205
21104
L393
6,888
26,854
Total
Incomln¢ reswrtesfrom dwitsbl• actlvltles
Renew Wellbelng th)natbns
Fees for weddlry and fvner*
Churth hall lettlw-obiectlves
2212
3.245
28.639
2,212
3,245
2&639
34,096
1.430
2,539
19,364
23,333
Totsl
Other Incomln8f•souro$
Youth Worker
3326
3.926
170J32
3.926
3,926
173226
T￿al
IIICQME TOTAL
4,462
17L593
Page 11

Annual Report for 2024
EXPENDrruRE
Cost of genernllngthnds. Cost ofpneratkn8volwrtwy
Other Restrlcted
Totsl
tharStabl• •¢thlll•s
Flowers forchuic
G￿nAtO mssv)narysttlEt
Ghvln8- rel￿1 ènd develo￿nt agendes
Horne misslon
M￿s1On projects. *xpenditure
Renew Wellbelng
Mln15tty Corn￿n FurKI
Salary ol parlsh admlTrlstMor
Salary ol Interlrn team leader
Worklng 2xponses of irKurnbent
Funernl, weddlng and thrTeknted costs
Vblung SFeaker5
Rectory- water
Youth Worker and costs
Young Church & &Jnbeams
Church runnlnq- InsurarKe
Churth malntenarKe
Cleanlng
Upkeep of servtes
Upkeep pf churchyard
Adrnlnlstratknn
Cornputer Hardware & Software
Churth runnlng- electiic
Churth runnln8- water
Magailne expenses
Hall Management
Hall wnnin8- ek¢tfKity
Hall runnin8- 8•$
H•ll runnlTr8- InsUra￿e
Hall runnlng- malntenante
Hall run#in8- water
Hall + rnajor repairs- 5tnKture
Llbrary upkeep
Redordèrlng Prolect- Churth
23
4,420
4?70
4,970
32¢XI
3,24K)
456
837
65,705
4,244
SC¥)
58.780
4.995
9,555
1.328
1391
IJJ
124
2lm9
14.022
4.594
2.954
4.616
2,714
58,7
4335
9.555
1,328
391
11251
124
2L089
14.022
594
17.184
11,394
3,816
6,789
3.714
2,712
2,550
4,393
1,590
16,388
167
2.726
806
2,293
3,079
2,954
4,616
2.714
732
3.171
IL587
732
3,171
11,587
244
291
2,541
244
291
2.541
1.686
14.
20,C#)6
5,583
12.649
12,649
TrAal
185.130
I￿.174
166.%3
Governafice costs
Governarte costs examinatlonlaudh fee
Totsl
EXPENorruRETQTAL
720
I85￿
720
696
167,659
15.718
L950
117,6681
3,934
Page J2

Annual Report for 2024
Notes to the financial statements for the year ended 31" December 2024
AccouKnNG POUCIES
Basls of prepar0￿ the flnanclal statem
The financial statements of the charity have been prepared under the Church Accounting Regulatlons 2Cfj6 In
accordance with applicable accounting standards and the current ststement of Recommended Prarti¢e, Accounting
and Reporting by Chartties and applicable accounting stsndard FRSIO2.
The financial statements have been prepared under the historical cost conbention except for Investment assets,
which are shown at market value. The financial ststements include all transactlons. assets and liabilities for which
the PCC is responsible in law.
Consecratsd land and bulldlngs and movable dwrth fvrnlshirys:
Consecrated and benefKed property is excluded from the financial statements by section 96121131 of the Charltles
Act 1993.
Tan8lble FIMed A5Mts for use In the tharlty
These are capitsllsed If they can be used for more than one year and cost at ￿ast £i.oIX). There were no such assets
at 31st December 2024.
No value Is placed on movable church furnishin85 held bythe churchwardenson special trust forthe Parochlal Church
Council and which Tequire a faculty for dSsposal SIn￿ the Parochial Churth councillor5hip consider this to be an
inalienable property. All expenditure incurred during the year on consecrated or beneficed buildin8s and movable
church furnlshlngs. whether malntenance or lrnpiovement. is written off as expenditure in the Statement of Financlal
Activities and sepordtety di5c105ed.
VAT
The charty Is not registered for VAT and all irrecoverable VAT is char8ed a8ain5t the expenditu￿ headln8 for which
It was incurred.
Taxatlon
The charlty Is exempt from tsm on Its charltable actfvltles.
Fund a¢¢ountln8
The Parochial Church Councll has both ￿n￿striCted and restricted fund
Unrestrlrted funds represent the furmls of the PCC that a￿ not subject to any restrictions regardlng thelr use and
are available for application to the general purposes of the PCC.
Restricted funds relate to donations and grants which a￿ Specif￿ for a particular purpose. Income is included In
Incomlng resources of restricted funds when received. The Televant empenditure is then matched as restricted
expenditure.
De$lgnated Funds are general funds set aside by the PCC for use in the future. Designated funds ￿main unrestricted
and the PCC will rf appropriate move aDV surpluses not ear-marked for current purposes to other General Funds. As
at 31st December 2024 there was one such fund desi8nated:
8ulldlnBs and Maintenance fund- for the repair and improvement of the church, church hall and 'Old Libra
Approval
Approved by the Parochial Church Council for thE Ecde5ia5tical Parish of St. Michael. Breaston on 12 March 2025 and
signed on its behalf by Paul Stuttle PCC Chaiman (arti￿) and Treasurer.
i3 rw k2S
Page 13