## **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 

- promoting of the gospel of the Lord Jesus Christ according to the doctrines and practices of the Church of England; 

- promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical; 

- providing practical support and care for people in the parish from the youngest to the eldest, irrespective of age, needs or their personal circumstances; 

- being responsible for the management of the church hall, Hartley Hall, which is situated next door to St Michael’s church. 

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 Exp*Mded
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 IOu*oin81 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 W*LhAtCDUntiThgand 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 cap*al 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 le8aciestot*E 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
Re*trfd*d
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￿￿*￿ R*tsbirted
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
UIwE5tric*ed
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
EndowM*7t
Fund5
re5trkkd
Fur￿*
Er*owment
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
PI*rfM 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