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2022-12-31-accounts

Trustees’ Annual Report and Financial Report

The Parochial Church Council of the Ecclesiastical Parish of

St Michael & All Angels, Mill Hill

For the year ended 31[st] December 2022

CONTENTS

Trustees’ Annual Report

Notes to the Accounts

Report of the Independent Examiner

Vicar: Independent Examiner: Bankers: Registered Charity Number:

The Revd Steven Young Mrs C P Phillips, FCCA, CH Jefferson & Co Suite 1, The Limewood Suite, 5 Park Square, Scunthorpe, DN15 6JH National Westminster Bank plc, Edgware Branch 1168446

St Michael & All Angels, Mill Hill Trustees’ Annual Report for 2022

ADMINISTRATIVE INFORMATION

St Michael & All Angels Church is situated in Flower Lane, Mill Hill. It is part of the Diocese of London within the Church of England. The correspondence address is The Vicarage, 9 Flower Lane, Mill Hill, London NW7 2JA. With effect from 26[th] July 2016, St Michael’s is registered with the Charity Commission and the Registered Charity Number is 1168446.

STRUCTURE, GOVERNANCE AND MANAGEMENT OF THE CHARITY

The Parochial Church Council (PCC) is a corporate body established by the Church of England and registered with the Charity Commission as required by the Charities Act 2011. Its governing documents are the Parochial Church Councils (Powers) Measure 1956 as amended and the Church Representation Rules in its currently amended form which took effect from May 2022.

The method of appointment of PCC members is set out in the Church Representation Rules. At St Michael’s membership of the PCC consists of certain ex-officio members (the Vicar, our Curate, the Churchwardens and members of the Deanery Synod) and up to 12 members of the congregation who are on the Electoral Roll of the ecclesiastic parish and who are elected at the Annual Parochial Church Meeting (APCM). At the APCM in 2022, seven members volunteered for election. Deanery Synod representatives are also elected at the APCM and normally hold office for three years. With effect from June 2023, St Michael’s is permitted to have two (not three) representatives based on the number on our Electoral Roll.

All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. With effect from 8th May 2022, the following served as members of the PCC:

Ex Officio Members:

Vicar: The Revd Steven Young Chairman
Curate: The Revd Heather Betts
Churchwardens: Peter McCabery
Evelyn Semlyen
Representatives on Colin Izzard (elected 13/09/20 for 3-year term)
The Deanery Synod Evelyn Semlyen (elected 13/09/20 for 3-year term)
Enitade Adegbite (elected 23/05/2021)
Elected members Martin Asamoah Danso
(12) Gillian Asquith PCC Secretary
Katherine Barker Stewardship Secretary
David Barton Treasurer
Daniel Ejelonu
Terry McCabery
Frances Parnaby

Trustees’ Annual Report 2022 cont’d/ .... 2

Of the seven elected members Katherine Barker resigned from the team in November and as we all know, sadly our dear friend Terry passed away, also in November.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including how the funds of the PCC are to be spent and the care and maintenance of the fabric of the church and its grounds to their best use in furthering the mission of the parish. All members of the PCC are Charitable Trustees.

OUR AIM AND PURPOSE AS A CHARITY

St Michael’s PCC has the responsibility of co-operating with the Vicar, the Revd Steven Young, in

HOW WE PLANNED TO ACHIEVE OUR CHARITABLE OBJECTIVES

When planning our activities during the year, we considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on ‘charities for the advancement of religion’.

For 2022 we discussed and planned a range of objectives and activities to help us achieve our aims. The PCC remained committed to enabling as many people as possible to worship at our church and to become part of our parish community, in spite of the challenges faced throughout 2021 and 2022 due to the COVID pandemic. It maintains an overview of worship throughout the parish and makes suggestions on how our services and activities can involve the many groups that live in and around our area.

Trustees’ Annual Report 2022 cont’d/ .... 3

Our services and worship put faith into practice through prayer and scripture, music and sacrament. In particular we have tried to enable everyone to live out their faith as part of our parish community through worship and prayer and through learning about the Gospel, providing pastoral care to people living in and around the parish and through outreach and missionary work. We continued broadcasting our 10.30 am Sunday service via Zoom so that those less confident to attend in person, could still be included. Morning prayer was also broadcast via Zoom.

The Council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.

REVIEW OF THE YEAR

It is good to report that, apart from at the very beginning of 2022, life in general has moved into a new phase of ‘Living with COVID’ and to a large extent this has increasingly allowed us to resume our regular worship and activities at St Michael’s. We have been able to once again celebrate the happy times and commemorate the sad ones as people have grown in confidence and slowly returned to a normal way of life. Regrettably, at the same time we were faced with the conflict occurring in the Ukraine.

The PCC met on 9 occasions during 2022 and we were able to meet in person which was quite of novelty after months of meeting via Zoom. The APCM was held on the 8[th] May and the meeting heard that a Revision of the Electoral Roll had taken place and there were 127 parishioners on the Roll, four members having been removed and one added. Election of the Churchwardens and of PCC members took place.

Following Carol Brown’s resignation from the PCC the previous year, in January Martin Asamoah Danso was appointed as Deputy Safeguarding Officer, in May Daniel Ejelonu volunteered to take on the office of Electoral Roll Officer, David Barton was appointed as second DBS checker and Martin and Katherine as Children’s Champions. David was also appointed as Lead Recruiter.

We had originally planned to organise a follow-up to the Centenary celebrations held in June 2021 which was very successful but much smaller than originally anticipated due to restriction on numbers in place at the time. For a number of reasons this was not possible. However, it is still hoped to create a photo album of the events of the day as a lasting reminder of such a significant occasion in the history of our church.

Trustees’ Annual Report 2022 cont’d/ …. 4

One of the highlights of the year was a Fair held in church in order to raise funds to send to the DEC Ukraine appeal. The atmosphere was buzzing with private and church stallholders, live music . ploughman’s lunches and many colourful cakes and decorations, mainly blue and yellow. This was a very worthwhile community event which raised £1264.22 . Thank you to David for the music, Colin for the lunches and everyone who contributed to a successful day.

Finance was as usual a regular Agenda item and David, our church Treasurer efficiently kept us up-to-date with our financial position with bar charts showing income and expenditure month by month. With very much reduced income throughout 2020 and 2021, we were only able to pay our Common Fund quota of £65K by transferring £40K from interest earned from the Property Fund. Ground rent from Titan Court and from Flat 2 continued to contribute towards our revenue. In order to boost our income, a successful Coffee Morning was held in November.

Collections on Sunday mornings have continued and a card reader was available which enables contributing to the upkeep of St Michael’s to be made easily and without the need to handle cash.

Fortunately, after a slow start in 2022, bookings in Hartley Hall have increased over recent months which has helped towards being able to keep up with our outgoings but as at the end of 2022, were not back to pre-COVID levels. The Hall is used for many varied activities including dance classes, choirs, an amateur dramatics group, Age UK IT drop-in service, a bereavement group, Mill Hill U3A, local schools, the NHS, professional artistes and many church organisations, including Mothers’ Union, Sunday School, Rainbows, Brownies and Guides amongst others. We were even used as a Polling Station in May.

Under the heading of Fabric, another regular Agenda item, it has long been the wish of the PCC to create a dedicated area at the back of the church so that we can more easily serve refreshments on Sunday mornings and at other events when being able to offer this facility, would encourage additional groups to use our church. This would involve making water available to that area of the church and at a church council meeting in March a resolution was passed for the provision of water and a coffee bar. Progress since that time has been a little slow.

A Quinquennial Inspection took place in March and the report was positive, stating that our church was generally in very good order and considerable amount of effort had obviously been put into its maintenance. You will hear a more detailed report on the Fabric from the Churchwardens.

Trustees’ Annual Report 2022 cont’d/ …. 5

In August the barrier in our car park was destroyed by a reversing HGV. We were fortunate that the incident was witnessed and the cost of a replacement will be covered by our insurers. Very soon a new barrier will be in place, along with a coded entry keypad.

During 2022 we were witness to some very moving services, including at Easter and Christmas. There was a Churches Together act of worship in Mill Hill town square when the University of London choir sang carols round a Christmas tree and mulled wine and mince pies were served in St Michael’s afterwards, thanks to David and Mary. On Christmas Eve we were once again able to host our popular Christingle service which was expertly presented by Colin. Mary and Joseph were in the stable, there were angels and shepherds, all dressed in biblically appropriate costumes and surrounded by cattle with the baby Jesus fast asleep ….. in a very modern pram. We were able to send the collection of £64.81 taken at this service to the Children’s Society.

Earlier in the year the Bishop of Edmonton presided at a Confirmation Service. In August our younger members participated in the annual Walsingham Youth Pilgrimage which we understand was successful apart from the quality of the tents provided.

As mentioned in last year’s report, we had been unable to mark the milestones of life in the normal way but in June we were able to pay our respects to the Late Anne King when her ashes were buried in the memorial garden. A week later on 26[th] June, a memorial service was held for the Late Trevor Williams and afterwards Trevor and his wife Doreen’s ashes were also buried. A reception gifted by Trevor’s family and prepared by the Social Committee followed, as we fondly remembered them. A generous donation was made by Trevor and Doreen’s family who asked for this to be spent as a lasting memorial to them both.

In November the sad news that Terry McCabery had passed away reached us. She will be missed by all who knew her for her cheerful and friendly nature, for her ability to befriend people and to listen and for her strength of character when she faced her own adversity. On 9[th] December a Requiem Mass was held when her family, friends and representatives of the many local organisations she worked alongside were present and afterwards a Reception was organised by the Social Committee.

Sadly, in January a very long-standing and much respected member of our congregation passed away. Pam Harmer, who first came to St Michael’s as a Girl Guide, and had not long before celebrated her 90[th] birthday, died in Henry Nihill House after a short illness. Her funeral was held on the 2[nd] of February when many of her family and friends remembered her with affection.

Trustees’ Annual Report 2022 cont’d/ .... 6

More recently Andrew Bevans and Catherine Moonga passed away, both of whom had been members of our congregation for a number of years.

St Michael’s was represented at Deanery Synod by Fr Steven and three lay members of our congregation during the 3-year term 2020-2023. Our thanks go to Colin, Evelyn and Enny for attending meetings and reporting back to the PCC. For the next Triennium St Michael’s is entitled to have two representatives on Deanery Synod and Colin has volunteered to act as Deanery Secretary.

Our links with the wider church and the local community remain strong as we were also represented at Churches Together in Mill Hill meetings by Peter McCabery who kept us informed of their activities. In addition to the Carol Singing in Mill Hill town square, a Picnic in the Park was organised and the Christmas Day lunch was prepared and delivered to people’s homes rather than being held at John Keble.

It is a requirement that Safeguarding is included on the Agenda at each PCC meeting. The PCC and other members of the congregation took part in training appropriate to their role within the church as required. In addition, members of the PCC took part in a fire fighting equipment training in November. The Safeguarding Policy Statement was reviewed and approved by the PCC at a meeting held in May after which it was displayed on Notice Boards and submitted to the Diocese.

At St Michael’s we are extremely blessed and grateful to many members of the congregation for their time and talents: the Churchwardens, members of the PCC who each have an area of responsibility, our Treasurer, who not only keeps our finances in order but also, through his technical capabilities, keeps us all connected via Zoom and many other members of the congregation who carry out tasks behind the scenes whether it be washing linen, preparing for services, lending an ear guiding our children or providing refreshments on Sunday mornings, to name a few.

Once again, I should like to thank Peter our Caretaker and Marie and Billy, our Cleaners for their hard work and support throughout 2022. Not only do Marie and Billy keep the Hall very clean and tidy as often remarked upon by hirers, but also clean, the church on Mondays and the Cabin on Wednesdays. Peter’s hard work in organising all the hirers furniture in the Hall and on occasions, in the church, is very much appreciated. We were fortunate that the garden area surrounding our church was beautifully and colourfully maintained throughout 2022 by Judy Vicary. In acknowledgement St Michael’s makes a donation to the Harington charitable trust.

Gordon has produced a detailed report on the music in our church throughout 2022 and I’m sure we would all like to thank him for his tremendous talent and diligent attention to every aspect of our musical enjoyment.

Trustees’ Annual Report 2022 cont’d/ .... 7

And finally, our sincere thanks to Fr Steven, Reverend Heather and Colin, our Lay Reader, who have all put a great deal of thought and effort into helping us all to seek to grow in faith as disciples of God.

April 23 gma vs2

St Michael and All Ange15 Financial Statements for the Year Ended 31st December 2022

St Mlchael and All Angels Mill Hill Reiistered Charity Number 116W6 Independent Examinerfs Report to the Member5nrustee5 of St Michaels and All An8els Parochial Church Council I report to thEtrustees my examinabon oFthÈ aCCDunts foTtheyear endEd 31 OttembEr 2022. Rospon51bllitles and b•5is ol report As Ihe ch&ritytrusteE5 you are rE5PDns1b￿ forihe preparation of a¢coufit5 In at¢Drdance wlththe requlrements of the CharIt￿SAcr 20111'lheAct'l. I report in respect of m¥exarninatlDn tsf the TrU￿.$4ccoUnts Cattied our under se¢tion 145 olthe 2011 Att and in cawrying myexaminrtiyn I have follDwedall the 6pplicable DirEciionsgiven byihe Charity CommissSon undersectlon 145lsllbl of thEAct. Independe•tqxamln*V$statement I hève (Owp￿ted my examinatlon. I confirm that no mater￿5 matters ha¥e corne to my alteDtion In connÈdiofj wlth thè pxamlnatlon 8i¥ln8 merause t beI￿Ve that In rnaterial respect.. 111 accountin8 recorth WEre noi kept ID respect ottheTrustas ioquiied by settion 130of theAc( or 121 the accoutit5 do not actDrd with those records. pr lal rhe accounts do not compty wilh the app1K3￿￿ rp4uirernentS concemln8 the form ar￿ content of accothrtt5 Set Dui in ihe Chaiitie5 IAccounts and Report51 ReEulatlDD5 2008 othErthan anyrequirementthatthe account5 8Nea'true and faSrvieW which Is not a mattercon5ider¢d J5 part of an independent examination. I havE concerns and have come across na other rnatters in coonettk)nwbth the ex￿￿￿at￿n towhirh attention Should be drayffj inthi5 report In orderto e￿ab￿a proper ullder5tandi￿ of the attount5 to be reachod. Si8ThÈd.. Mr5 C P PhlAlps. FC¢A C H jefferson & Co The Limewood Suite 5 Park Square Scuithorpe Pjorth LifhLDln5hlre ON15 Date.. 25Aprll 2013

St Michael and All Angels Mill Hill Flnancial Statements for the Year Ended 31st December 2022 Statement of Flnanclal Activities RESTATED zo21 RRKrf(Yqd Fufflth Enduwrn•nt Funds UTrl¢Strf(tsd Notes Funds Total Fun& Total Incomlng Resources Intomln# Resou￿e5 from Dono Other Voluntary Incom• Ancillary Income Extr&Ordlnary Item5 IDcoTnefrDrn Investments Total Inmmln8 RÈsour¢8$ 36,368.82 62,488.tK) 34,39B.91 0.00 57.13 133.312.86 IQO.DO 36,468.82 62.488.LKI 34,398.91 0.00 16.S20.01 149.875.74 14,2S8.74 35,555.25 32,512.fx) OA)0 0.00 0.00 14.253.74 35,555.25 32.512. 0.00 o.oo 1.957.00 I057.00 o.oo 0.00 13.559.03 13.S59.03 14,S05.88 14.505.88 2.86 82.328.85 IA86.5Z 1.486.S2 15,048.41 97.374.40 Resources Expended Giants Payawe rect RunnlnA of Churth Administration Extra4)rdlnary Items Total RÈgo¥rres ExpMded S,343.02 143,004.20 9,340.98 o.oo 157 688.19 0.00 269.69 S,343.02 143.273.89 9,340.98 l.S29.49 131,148.16 9.271.28 0.00 14L948.93 o.llo 299.66 0.00 0.00 299.66 0.00 0.00 0.00 0.00 o.oo L,529.49 131.447.82 9,271.28 269.69 157.957.88 142,248.59 Net Income I IOuoin81 Resources BeforeTrnnsfers -24,375.33 1,787.31 14,505.68 4,082.14 -59,620.08 1,186.86 13.559.03 44.874.19 Gr055 Tr￿sfe[S Betr¥￿￿ Funds 15. 16 20.505.88 -14,505.88 18,796.38 -5 237.35 -13.559.03 Net Incom•llOut8olngl Resour AfterTra¢bslevs -3.869.45 4,212.69 -8,082.14 0￿?3.70 -4,050.49 44,874.19 fjaln51 IL05SE51 on th¥e#rn•nts 4 227.75 -62 577.24 .6SAO4.99 OXA) 5.445.15 57.230.94 62,876.09 Net Movement in Fund5 -3.869.45 .44D.44 -62,577.24 -74.887.14 40,823.70 1,394.66 57,230.94 17,801.9) B•l•nres brwBht fowward l January 118,544 95 127,974.71 526,866.05 773,38S.70 159.368.65 126.580.05 469.635.11 755,583.80 8•l•tyre5 ¢BwriedfoTh4a¥d ai December E114,675.50 É119.534.27 £464.2È8.El E698.498.57 £118,$44.9S £127,974.71 £526.866.05 £773 385.70 The noteson poges4 rolotoimpurtof thesefinunllulstotements

St Michael and All Ange15 Mill Hill Financial Statements for the Year Ended 31st December 2022 Balance Sheet RESTATED zozi 2022 UntE5tr1Et•d F¥rds Unie5trfctEd Funds Ilotes RR5trfrt•d Funds Fyod5 Total Tplal FIKed Assets lan8lble F￿£d Assets nve5trnentA55et5 io li 17,217.30 2.427.24 40,ts15.21 42,472.4S 19.6q4.55 504.334.02 523,978.56 19,130.34 2,696.94 44 272.% 46.959.$0 0.00 526,866.05 S26,866.05 21827.27 571,139.01 592,966.28 464.288.81 464,288.81 17.2L7.30 19.130.34 CurrentAs$ets Debtors Bank C4sh Balances Totsl Current A55Qts 12 13 25,S21.82 88.026.53 113,548.35 15,521.82 165.088.34 ISO,610.16 13,137.07 95.128.92 108.265.99 77,061.81 7?.061.81 13,137.07 176,133.73 189,270.80 Al,(NJ4.81 81,004.81 0.00 Current Liabllltles 14 16,090.17 I6.0￿.1? 4851.38 (k .851.38 Net CurmTrtA5sets 97,458.18 77,061.81 174,519.99 99.414.61 81,LW.81 0.00 180,419.42 Total Net Assets E114,675.49 £119,534 26 £464.28A.81 £698.49B.56 É118.5114.95 e127.974.71 £526.866.OS É773,38S.70 Reprwented by: UnrestrlctÈd Fund5 REsrrictEd Funds Endowment Funds 114h75.49 114,675.49 t19,534.27 464.288.81 £698,498.56 118.S44.95 15 16 118,544.95 127,974.71 526,866.05 £773,385.70 119,534.27 127.974.71 4164.288.81 £464 288.81 £114.675.49 £119.534.27 526.866.05 E526,866.05 E118,544.95 £127,9741.71 Apprtsved tythe Parochialchurth Co￿nE11 on 17 April 2023 and Signed on Its behalf.. Revd 5.P. Young D. Barton Treasurer The notÉson page54 tolOf0rn7POrtof theseflnonup15t(Jrernents

St Michael and All Angels Mill Hill Notes to the Financial Statements for the Year Ended 31st December 2022 Accountlng Policie5 The financklstattrrnents havE been prepared underthe Charitie5 Act 2011 and In a¢toYdarte2 with the Church Accountlw Regtslatiois 2(XJ6, and WLhAtCDUntiThgand Reporting by Chèrities.. StotewErit of Recommended Pratttceapplicable to charities prep3riDgthèiraccount5 in accordarttwlth the FinaDcial Reporting Standard bpplkablè in the UK and RepublKof Ireland IFR$ 1021 leffective I january 20191- Charlties SORP IFRS 1021. ThEfinanclal statements hwe i%en prepared under the hlstorlcal tost ¢¢nTriention Except forthevaluatbn oFinve5trnent assets. Ib Fund$ General fvnds represent thefund50f the PCC thatare not subJe¢t to any re5triction5 regardin8 theiruse and are avallable for applltation OD the 8eneral purpD5e50f th• PCC Funds deswnatedfoia particularpurpose bythe PCC are restrttted. Endowts)entfvnds art rÈstritted fund5 that must be retalnedastrust capal eIth￿r permanentlyor 5ubjecrto a discretionary power thspend ¢apital as IncomE. and where rhe use of any incorf* or other benefit derivedfroffl theCapIt￿ may beiestrictEd or unrestricted. The account5 include all transactlons. assÈrs and liabllltles Forwhkh the PCC responsltyè Mi law. TheydD notlnclude the accounts of churchgroups thatowethEir main afliliatlOD to another body orihose that are SDformalgatheFinKS olchurch members. Ic Tan8lble FliodAssets Con5ecr3t@d and beFRficed property of any kind Is excluded from the accouThts by s.ID121 of the Charftle5 Act 2011. MoVa￿eChUrch furnishings held bythe Vrcarand Churthwardens on speclal tW5tforthe PCC, and which reqtslre a fa¢uttyfordisp05al, are accounted as inalienable propertyunlE55 consecrated. They arE listed in thechurch's Inventorywhiih caD ￿ inspected lat any reasonable tlmèl. All expenditure in¢urred intheyear Dn consecrated orbetslicEd buildi￿5, indivKJual items under £2.5W oron the iepairof movable church furnishin85 a¢qtsired before I lanuary zrrt)Otswrtttenoff. Othera5spts are wrlllenoff atthe followillg ratP5: FiKture5 and Fitting5 IOX reduung balance Id Inve5tmonts Investrnents arevalued at market value at 31 December.

St Mlchael and All Angels Mill Hill Notes to the Financlal statements for the Year Ended 31st December 2022 le I￿MIng reso¥rte5 Voluntary Incomt CollKtwJTrs are reco8nlsed when recewed by oron beha￿ Df the PCC. Planned gwin8 wewable underGifl Ahl is rÈtogni5ed ontywhen recei￿d. IncDme tax recoverable on Gift Aid donatK)ns isre¢o8nised when thp recovery is received Grants and le8aciestotE PCC are accounted for as 5Don as the PCCi5 IIDtlned ofit5 431 entltlefflent, the amount due is 4uantifydb￿ antl its uttimate recelpt by the PCC Ss fea50nobly certain. Monie5 ralspd byfund raSslnÈ events areaccounted forgr055. Otherlncome RÈntal incomÈ frorn the letting of church premTr5e5 15 recogni52d when the rental ts due. Parathial Fee5 lor wedding5, funÈra15 ptr are atcoulliedforwhtn due. lrtomefrom Investments Dl¥idEnds ar?act4)unted forwhen due and payable. Interest erttitlement53re accounted foTaS theyaccrue. Gai*s andl¢)sse5rffi invesfftnts Roali5Ed galnsor losses are recDgThi5edwhen Inve5tfT¥ents arÈ sold. unrea￿sed gains orlos$es are accountè£J foron rewaluation of inwesiments at 31 DecembEr. It Resour￿$ Grants Grants antsdonations are accDynted for when 0¥￿, orwhenawafded. rfthai award creates¥ L¥ndin8 oblIgat￿TrOn the PCC. Actl¥ltle5 dlrEctty rÈlatknEtDthe work ofthe ch￿1¢ The diocesan parish sharE 15 accounted forwhen pald. 2022 Unrestrf¢ted Fund5 2021 estrfrtqd Ftsndi IncomSnK Resources from Donors Endowrnqnl Fund5 fiestrtttqd Funds Endowmryni Ttttal F￿ndS Totsi stewardslvp Co1￿CtIOnS Gift Ald Fundrai51n8 Christian Avj MiScelL4Jiious Donatlon5 11138.53 2.949.87 7,441.98 1,576.42 100.OD I1,￿8.53 1.949.87 7,441.98 1.576.42 13,021.89 309.14 295.01 13,021.89 309.14 295.01 12.262.02 £36.358.82 12.262.02 £36.468.82 632.70 É14.258.74 EICKI.00 632.70 £14.258 74 £0.00 £O.OD co.00

st Michael and All Angels Mill Hill Notes to the Flnanclal Statements for the Year Ended 31st December 2022 2022 2021 Unrestrf¢ted REStrlctid Fund Unre5trkn Other Voluntary Income EfidDWrn•Trt FUndJ Fwd5 Totsi F￿n￿5 Total tegaaes 0.00 62 488nO £62,488.OD 0.00 35,5SS.2S £35 555.Z5 62,4B8.00 E62,488.00 35.555.25 £35 555.25 £o.Tr) £O.CM) £0.00 EO.00 2022 2021 UnreJtrktid FuThd5 Endo¥JmBnt F￿ndS Anclllary IfKome Fund5 Funds Total Fun F￿nth Rent Church Hire Fbt Rent FLIt Ground Rent 3.289.00 16,070.40 14,207.LIJ 832.51 3,Z89.00 16,070.40 14,207.00 832.51 0.00 £34,398.91 1,469.00 14,822.00 14,207.(KJ 2,014.(X) 1,469.(X) 14,822.0) 14,207.CN) 2.014.00 Funeral Fee5 Other Income £34,398.91 £0.00 £O.OD E32,512.(M) £o.(M) £0.00 £32.512.00 R￿￿TED 2021 ZC2Z UDpestrftt•d Fund Retrfdd Fund5 EndaWm*rA Fwd5 Unyestrickd Roslrirted Fwd5 EndowThM Income from Investments Total TDtsI vldends Property Fund IZ.638.99 12,638.99 1,58S.08 38.63 276.86 1066.89 57.13 55.43 £16,520.01 12.223.52 12,Z23.52 1,470.98 1.52 10.95 1.335.51 1,586.08 38.63 27S.86 1,470.98 1.52 10,95 Interest L￿￿ Property fjeneral 1,866.89 1,335.51 57.13 2.86 55.43 £1.957.00 3.D7 1.486.52 3.07 £15,048 41 E57.13 £14.505.88 2.86 13,559.03 2022 2021 UDreSid(te Funds Resirfthd U￿reStrktEd e5trict Fundi Grant5 Payable Funds Total Fu￿$ Tokl CharftyDonatlons Pilgrim 2,792.22 2.550.80 £5.343.02 L792.22 2 $50.80 £5.343.02 1.429.49 ioJ.ts) £1,529.49 1.429.49 ioo.oo ELS29.49 £0.00 £O.OD Éo.Tr) £oJJo

St Michael and All Angels Mlll Hill Notes to the Financial Statements for the Year Ended 31st December 2022 2022 Direct Runnlng of Church un￿1￿￿￿ Rtsbirted Funth Fun fndThmÈni unds 1021 ¥fidowmer*t F￿Thd$ UnresthLtEd Fufflds lestrktsd furds Total Total Ministry Common Fund Wlcara8elC￿[gv ID5urance Parothial Fees Maintenan Churth cleanI￿/GardenIng Or8anist &Choir Ilndudln8Chlldren'sCholrl IEqht, Htat, Water Worship Materiils Miscellaneous DeprEiiat¥Jn H311 Caretaki Hall Expendlture 65,ODD.Crt) 1,315.08 S,915.31 65,DOO. 1,315.08 5,915.31 65,WO.OQ 1,673.3U 5.976.64 1.188.00 8,102.42 1,813.46 607.56 3,194.06 526.39 3,325.11 1,913.03 10,070.21 16,111.62 1,333.80 £130,935.60 65.(K)O.(M) 1,673.30 5.976.64 L188.00 8.102.42 1.813.46 607.56 3,194.06 526.39 3.325.11 2,182.73 30.070.21 26,211.62 1.333.8D £131,205.29 Ma¢ntenèn¢e 2,523.69 2,163.50 665.00 3,062.47 7,138.21 7,015.12 1.913.03 14,070.IZ 31,539.65 682.72 £143,004.20 2,523.69 2,163.50 665.(M) 3.062.47 7,138.21 7,015.42 2.182.73 14,070.11 31,539.65 682.72 £143,273.89 269.69 Hal 269.69 Event Expen5e5 E269.69 EO.00 £269.69 £0.00 Z022 IQ21 8 Admini5tratlon UnrE51rf£ted Fund5 Re#rttt¢d Funds Endowmunt Fundy r(estrfrtod Tot81 fvJMd5 Funds Total Stationery Admin Aat Expendltu 207.4D 3,039.56 207.40 3,039.56 6 094.02 E9,340.98 101.76 2,432.76 6,736.76 £9,271.28 IDI.76 2,432.76 6,736.76 £9,271.28 Eg.340.98 EO.fy) £0.00 EO.00 RESTATED 2021 2022 Endowment F4nds Galn$ I IL055esl on Investment5 Unrestrfctqd Fund5 Rèthrted F4nd5 UNo5ril¢ied Fynds Restrf¢ted En6tyvmtnt Funds Totsl Tot•1 PropErty Fund Equitl&s F￿￿d Interest M&G CharTtund CBF -56.372.56 -6,204.69 -56,372.56 -6.204.69 -870.27 -3.357.48 466.804.99 60,469.68 -3,238.?4 60.469.68 -3.238 74 L843.65 3,601.50 E62.67S.0g Pllgrlfft Fund -870.27 -3.357.48 -£4,227.75 1.843.6S 3.601.SO £5.445.15 £0.00 -£62.S77.24 £0.00 £57 230 94

St fvlithael and All Angels Mill Hill Notes to the Financlal Statements for the Year Ended 31st December 2022 2021 Urrfq5trfctBd Fwds R¢strf(ted Funds ÉrtdowrneTht Fund5 UIwE5triced F￿ndS Reslrl¢tÈd Fund5 10 Tanglble Hxed Assets Totsl Total 8rou8ht Forward ljanuary AdditiDn5 inyear Depreciation foryear Carried Fo￿ard 310ecembpr 19,130.34 Z,696.94 0.00 -269.69 E2,4Z7.14 2L827.27 o.no -2.182.73 £19,644 55 21,255.93 0.00 -2,125.59 £19,130.34 2.996.60 0.00 -299.66 £2,696.94 24,252.53 O.OD -2,42S.25 £21,827.27 0.00 O.OD EO.QO -1,913.03 E17,217.30 EO.00 RESTATED 2021 2022 £n&7wM¢nt FuDds UnrÈSttkte Fund Re5trltte6 Funds Endo¥yn Fwds 11 Investmtfit A55et5 Funds Fundj Total Totsl Property Fund Equllies Flxed Interest Charifun¢J CBF 424,643.22 39,645.59 424.643.22 39.645.59 14,753.98 14,753.98 25.291.Z3 25.291.23 £40 045.21 £464.288.81 £504.334.02 48L015.TJ 45.850.28 481,015.77 45ASO.28 L5,624.ZS 28.64B.71 £571.139.01 Pll8rim Fmd 15,624.25 28.648.71 £44.272.96 £0. EO.00 £526.866.05 2022 2021 Unrejtrfthd Resuthd EndowM7t Fund5 re5trkkd Fur￿ Erowment Fwds 12 Debtors Total Tot•1 Hall Hlre Debtors Other Oebtors Prepayment5 20.046.75 1,275.93 4.199.14 £25.521.82 20.046.75 1,275.93 4.199.14 É25,521.82 8.383.89 17D.(A) 4,583.18 £13.137.07 .383.89 170.OD 4 583.18 £13,137.07 £0.00 £0.00 £o.(x) Eo.(A) 2021 Unrestrk uTrth Restrtcted Ftsndi ilnrESlrirl•d Fwnés Re51wiaed Erthwmtrt Fund 13 Bank and Cash Balances Fwd5 Total Total Le8acv Fabrit . Property P48rim Cash Z,975.75 21,327.16 2,975.75 21.327.16 53.772.95 25,025.49 61,986.99 £165.088.34 2,937.11 21,050.30 2.937.12 21.050.30 79.267.O7 29.283.98 43,595.26 £178.133.73 53,772.95 79,267.07 25.025.49 27,733.41 É77.051.81 29,283.98 27,733.41 £81.004.81 34,253.5B £88,026.53 IS￿61.85 £95.128.92 EO.00 EO.

St Michael and All Angels Mill Hill Notes to the Financial Statement5 for the Year Ended 315t December 2022 2022 Unrutrfrted F￿d5 2021 14 Current Liabllitit5 Restrfctpd F￿ndS Èrtdov4rneni Funds Un￿51r1¢1+ Funds Total 2019 Fundj Fund5 Credrtors Arcrua15 7.580.BI 8,S09.36 £16.090.17 7,580,81 8,509.36 £16.090.17 589.38 8.262.(M) £8,851.38 589.38 8,262.00 £8,851.38 £0.00 £0.00 Éo.(M) £0.00 REsfATED 2021 20ZI T•n¥thle Flxe 15 Restricted Fund5 Pllgdm Fund Ti¢¥lbleFLYEd iesacy Fu Fabrfc F¥nd 8afftXindGish Aestated Total Balan￿5 Totrl PIrfM Fund ityaLV Fund FAbrtcFund Brought Forward ljafjuary Fmed Asset Movemetrt5 Income from Investments GdiD51 IL055èsI On Inve5tmerits Stewardship L4acies Chlldren'5 tholrcosr5 Gros5 Trinsfpr5 8ett¥ÈÈn Fvnd5 Caiiled FoTward 31 December 2.696.94 -?69.69 73,55&94 1937.12 2LOS0.30 27.733.41 127,974.71 -269.69 2.99&60 -299.66 71.875.09 2,935.60 21.039.35 27,733AI 126,580.05 -299.66 1,486.52 5.445.15 1.641.51 -4.227.75 IOO.DO 38.63 276.86 1.957.00 -4,227.75 100.00 0.00 o.oo L474.05 5.445.15 1.52 10.95 0.00 O.DO -6,￿0.or £65,070.70 0.00 0.00 £21.327.16 £2.427.24 -5.237.35 £73.558.94 £2,975.75 £27.733.41 119.534.27 -5.237.35 £127.974.71 E2.696.94 £2,937.J2 £21,050.30 £27,733.41 ThE Pilgrim is re5trkied lo using Lhe Incoffle forihe fundin8 of edurational pilgrimo8e and rÈlated Ilke ptsrpose5 connerted w¢ththe thtsr¢h. The Legacy Fund isa festlicted fund and contain5 beqvests subjectto iovenanis. The Fabrlt Fund isa resthrted fund and tnay onl¥ be U5Ed to supportthEfabric ofthe church buildings n thE Eare of the PCC. Restricted fund5 held w4thln general bank and cash baL4nte5£0mprise the children's ¢hoir fund £8.43Q421202J.. £8.430.421 and a legacyof£19.302.9912021". E19.302.99ldeslqnated bythe PCC toward5 replacement oltlt church heatlne system. RE¥fATEO 2021 202Z 16 Endowment Funds Fro￿rt¥ Total Property Fwd Total Brought Forward ijanuary Income from In￿stmentS Galnsl IL055es1 on IDve5tments Gross Tran51Ers Between Funds Carried FDrward 31 Detèmber 526.866.05 14,SOS.8S 2.577.24 -14.505.88 £464,28&81 526.866nS 14,505A8 -62.S77.24 -14 505.88 E464.2A8.81 469.635.11 13,559.03 57,23D.94 -13.559.03 £526.866.05 469,635.11 13.559.03 57.230.94 -13.559.03 É526A66.05 Thecapltal of the Property Fund may not be used withoutthe permission of rhp &shop. The income from inve5tment5 of the fuDd ￿ unrestncted.

St Michael and All Angels Mill Hill Notes to the Financial Statements for the Year Ended 31st December 2022 17 Related PartyTransadions Fees totalling £2.Od3 31 were pèid to Orm5by Support Services UmitÈd for admill15tratj￿ServlceS, office supphes and equlpment. Ormsby Support 5er¥Kes Umlted a tompaDy Inwhi¢h the treasurer, DavA4 Barton, isodirettor. Thewior. Re¥StLw2n Young. was ￿Mbur$ed exp¢nsES totalling £486.44 in the year. 18 Restated ComparatNes Ourin6 the preparation Df the 2019 accounts thptapital of the Pii4rirn Fund was recL4sslfled as endowment funds ha¥lTh8 pfeviDusty kieen accounted fur as restricted tunds. Upon furthèr InvÈsti8aUon when preparing the 2022accounts it transpired that thelunds were origi1￿llY class￿fed correctlya5 restricted fund5. The 2022 f1zures havÈtherefore been prÈpgred to shDWthe chwtal reila55ified h5 restricted funds and the 2021 comparatl%tfjgures restated attord1￿fy. 10