Independent examlnerfs report to the PCC of St Wthael's Churth Mytholmroyd I report to the trustees on my examination of the accounts of St Michael'5 Church Mytholmroyd 1st Michael's) for the year ended 31 December 2021. Responslbllftles and basls of report As the charity trustees of St Michael's you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the ACVI. I report in respect of my examination of the St Michaevs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable DIrectn$ given by the Charity Commission under sertton 14515llbl of the ACL Independent examlnerfs statement I have completed my exarnination. I confirm that no material matters have come to my attention in connection with the examination giving rne cause to believe that in any material respect= l. accounting records were not kept in respect of the St Michael's as required by sertion 130 of the Act,. or 2. the accounts do not accord with those records: or I have no concerns and have corne across no other matters in connection wtth the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. M S H Macdonald IFCAI Broad head End Cragg Vale Hebden Bridge HX7 5RT 24 June 2022
St Michael; Mytholmroyd - 1182152
Balance sheet (Church of England) As at: 31 December 2021
| £ As at 31/12/2021 |
£ As at 31/12/2020 |
|
|---|---|---|
| Current assets Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted Unrestricted - General fund Designated Designated - CRUNCH Club (PCC Designated) Designated - Fabric Fund Designated - Flowers Fund (PCC Designated) Designated - Footsteps Designated - Special Purchase Fund Restricted Restricted - Angels Fund Restricted - Flood Insurance Claim Restricted - Organ Fund Restricted - Tower Fund Funds of the church |
32,193 32,193 428 31,765 31,765 31,765 6,824 151 621 1,022 626 70 (107) 3,592 419 18,505 31,765 |
45,814 45,814 240 45,573 45,573 45,573 28,901 151 621 987 626 339 18,505 45,573 (4,305) (323) |
There may be minor discrepancies in the totals if the pence are not being shown
22 March 2022
Page 1
St Michael; Mytholmroyd - 1182152
Balance Sheet detailed
| 31/12/2021 31/12/2020 As at As at |
||
|---|---|---|
| Current assets 8,902.65 8111: Current Account Barclays (PCC) 20,315.17 802.09 8112: Current Account St Michaels Bar 2,209.60 21,912.98 8121: CBF Deposit Account 21,901.58 484.73 8141: Float - Fayres/Events 1,079.04 51.50 8151: Petty Cash 308.66 32,153.95 Total Current assets 45,814.05 Liabilities 428.76 6699: Agency collections 240.43 428.76 Total Liabilities 240.43 31,725.19 Net Asset surplus (deficit) 45,573.62 Reserves (13,848.43) Excess / (deficit) to date — 45,573.62 Z01: Starting balances 45,573.62 31,725.19 Total Reserves 45,573.62 6,824.07 Unrestricted 24,272.90 2,491.69 Designated 2,456.19 22,409.43 Restricted 18,844.53 — Endowment — Represented by Funds 31,725.19 45,573.62 Total |
||
24 June 2022
Page 1
St Michael; Mytholmroyd - 1182152
Statement of Financial Activities
For the period from 01 January 2021 to 31 December 2021
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| Income and endowments from: | |||||
| Donations and legacies | 3,033 | — | — | 3,033 | 1,367 |
| Income from charitable activities | 32,396 | 80 | — | 32,476 | 32,882 |
| Other trading activities | 6,286 | 132 | — | 6,419 | 2,845 |
| Investments | — | — | — | — | — |
| Other income | 8,434 | 15,000 | — | 23,434 | 6,999 |
| Total income | 50,151 | 15,212 | — | 65,363 | 44,095 |
| Expenditure on: | |||||
| Raising funds | 715 | — | — | 715 | 477 |
| Expenditure on charitable activities | 59,023 | 1,655 | — | 60,679 | 68,877 |
| Other expenditure | 12,325 | 5,491 | — | 17,817 | 5,918 |
| Total expenditure | 72,064 | 7,147 | — | 79,211 | 75,272 |
| Gains / losses on investment assets | — | — | — | — | — |
| Net income / (expenditure) resources before transfer | (21,913) | 8,064 | — | (13,848) | (31,177) |
| Transfers | |||||
| Gross transfers between funds - in | 4,500 | — | — | 4,500 | — |
| Gross transfers between funds - out | — | (4,500) | — | (4,500) | — |
| Other recognised gains / losses | |||||
| Gains on revaluation, fixed assets, charity's own use | — | — | — | — | — |
| Net movement in funds | (17,413) | 3,564 | — | (13,848) | (31,177) |
| Reconciliation of funds | |||||
| Total funds brought forward | 26,729 | 18,844 | — | 45,573 | 76,751 |
| Total funds carried forward | 9,315 | 22,409 | — | 31,725 | 45,573 |
There may be minor discrepancies in the totals if the pence are not being shown
24 June 2022 Page 1
St Michael; Mytholmroyd - 1182152
Analysis of income and expenditure
Selected period: 01 January 2021 to 31 December 2021
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Income and endowments | |||||||
| Donations and legacies | |||||||
| 1321 - Donations - Charitable Funds | 3,033 | — | — | — | 3,033 | — | |
| 1331 - Legacy - Un-Restricted | — | — | — | — | — | 1,367 | |
| Donations and legacies Totals | 3,033 | — | — | — | 3,033 | 1,367 | |
| Income from charitable activities | |||||||
| 1111 - Gift Aided - Bank Receipts | 13,393 | — | 80 | — | 13,473 | 14,311 | |
| 1112 - Gift Aided - Envelopes | 3,504 | — | — | — | 3,504 | 1,983 | |
| 1121 - Non-Gift Aided - Bank Receipts | 5,878 | — | — | — | 5,878 | 5,691 | |
| 1122 - Non-Gift Aided - Envelopes | 780 | — | — | — | 780 | 1,285 | |
| 1211 - Collections - Cash / Loose Plate | 1,758 | — | — | — | 1,758 | 680 | |
| 1313 - Donations - Trips/Activities | 32 | — | — | — | 32 | — | |
| 1314 - Donations - Appeals | 184 | — | 40 | — | 224 | 2 | |
| 1315 - Donations - Other | 820 | 35 | — | — | 856 | 2,484 | |
| 1411 - Gift Aid - Main Scheme | 3,712 | — | — | — | 3,712 | 5,896 | |
| 1514 - Fundraising - | 1,071 | — | — | — | 1,071 | 549 | |
| Comps/Raffles/Quizzes | |||||||
| 1515 - Fundraising - Other | 1,073 | — | — | — | 1,073 | — | |
| 1532 - Income - PCC Club | 150 | — | — | — | 150 | — | |
| Contributions | |||||||
| Income from charitable activities | 32,360 | 35 | 120 | — | 32,516 | 32,882 | |
| Totals | |||||||
| Other trading activities | |||||||
| 1521 - Sales Income - Canteen/Coffee | 944 | — | — | — | 944 | 124 | |
| Club | |||||||
| 1523 - Sales Income - Club | — | — | 132 | — | 132 | 85 | |
| Subscriptions | |||||||
| 1524 - Sales Income - Sundries | 14 | — | — | — | 14 | — | |
| 1528 - Sales Income - Other Church | 3,147 | — | — | — | 3,147 | 1,202 | |
| Trading (Bar income) | |||||||
| 1529 - Sales Income - Other Trading | 500 | — | — | — | 500 | — | |
| Activities | |||||||
| 1811 - Fees - Weddings, Parish | 299 | — | — | — | 299 | 278 | |
| Element | |||||||
| 1821 - Fees - Funerals, Parish Element | 1,381 | — | — | — | 1,381 | 1,156 | |
| Other trading activities Totals | 6,286 | — | 132 | — | 6,419 | 2,845 | |
| Other income | |||||||
| 1347 - Grants - LPOW | 4,500 | — | — | — | 4,500 | 2,661 | |
| 1531 - Income - Use of Church/Hall | 3,637 | — | — | — | 3,637 | 2,745 | |
| 1612 - Interest - Current Account | — | — | — | — | — | 17 | |
| 1613 - Interest - Deposit Account | 11 | — | — | — | 11 | 92 | |
| 1911 - Receipts - Insurance Claims | — | — | 15,000 | — | 15,000 | — | |
| 1999 - EXTRAORDINARY INCOME | 286 | — | — | — | 286 | 1,483 | |
| Other income Totals | 8,434 | — | 15,000 | — | 23,434 | 6,999 | |
| Income and endowments | 50,115 | 35 | 15,252 | — | 65,403 | 44,095 | |
| Grand totals |
There may be minor discrepancies in the totals if the pence are not being shown
22 March 2022 Page 1
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Expenditure | |||||||
| Raising funds | |||||||
| 3432 - Church - Music Licences & | 464 | — | — | — | 464 | 467 | |
| Subscriptions | |||||||
| 5231 - Canteen/Club - Consumables | — | — | — | — | — | 10 | |
| 5232 - Canteen/Club - Food & Drink | 75 | — | — | — | 75 | — | |
| 5247 - COGS - Other | 175 | — | — | — | 175 | — | |
| Raising funds Totals | 715 | — | — | — | 715 | 477 | |
| Expenditure on charitable activities | |||||||
| 2111 - Parish Share | 21,915 | — | — | — | 21,915 | 39,252 | |
| 2351 - Training - Courses | 250 | — | — | — | 250 | 250 | |
| 2411 - Clergy Exps - Mileage | — | — | — | — | — | 241 | |
| 3187 - Giving - Outreach; Other Support | 228 | — | — | — | 228 | — | |
| 3211 - Upkeep of Services - | 1,986 | — | — | — | 1,986 | 740 | |
| Organist/Pianist | |||||||
| 3311 - Upkeep of Services - Altar | — | — | — | — | — | 22 | |
| 3313 - Upkeep of Services - | 120 | — | — | — | 120 | 250 | |
| Consumables | |||||||
| 3317 - Upkeep of Services - Gifts | 53 | — | — | — | 53 | — | |
| 3411 - Church - Instrument Purchases | — | — | — | — | — | 580 | |
| 3421 - Church - Organ Maint | 430 | — | — | — | 430 | 765 | |
| 3511 - Church - General Insurances | 3,908 | — | — | — | 3,908 | 3,272 | |
| 3521 - Church - Printing & P'copier (Inc. | — | — | — | — | — | 91 | |
| Magaz | |||||||
| 3523 - Church - Stationary | 25 | — | — | — | 25 | 104 | |
| 3531 - Church - Office Equipment | — | — | — | — | — | 426 | |
| 3542 - Church - ICT Consumables | 156 | — | — | — | 156 | 473 | |
| 3544 - Church - Software Subscriptions | 340 | — | — | — | 340 | — | |
| 3553 - Church - Other Office | — | — | — | — | — | 155 | |
| Subscriptions | |||||||
| 3611 - Church - Furniture | — | — | 261 | — | 261 | 624 | |
| 3612 - Church - Fixtures & Fittings | 56 | — | 744 | — | 800 | 504 | |
| 3621 - Church - Fabric (Minor Maint) | 462 | — | 290 | — | 752 | 1,755 | |
| 3625 - Church - Equipment Testing | 110 | — | — | — | 110 | — | |
| 3632 - Church - Cleaning Contractors | — | — | — | — | — | 144 | |
| 3642 - Church - Grounds Routine | 3,510 | — | — | — | 3,510 | 240 | |
| Works | |||||||
| 3812 - Church - Fabric Major Repairs | 3,790 | — | — | — | 3,790 | 1,077 | |
| 3854 - Church - Administrative Costs of | 1,653 | — | — | — | 1,653 | 950 | |
| Works | |||||||
| 3911 - Church - Utilities; Electricity | 769 | — | — | — | 769 | 187 | |
| 3912 - Church - Utilities; Gas | 1,600 | — | — | — | 1,600 | 2,391 | |
| 4111 - Hall - General Insurances | 3,908 | — | — | — | 3,908 | 3,869 | |
| 4151 - Hall - Telephone, | 317 | — | — | — | 317 | 323 | |
| Internet/Broadband | |||||||
| 4221 - Hall - Fabric (Minor Maint) | 697 | — | — | — | 697 | 1,506 | |
| 4222 - Hall - Boiler Maint & Repair | 90 | — | 120 | — | 210 | 72 | |
| 4231 - Hall - Pest Control Measures | 498 | — | — | — | 498 | 364 | |
| 4232 - Hall - Cleaning Contractors | 1,480 | — | — | — | 1,480 | 322 | |
| 4511 - Hall - Utilities; Electricity | 4,603 | — | — | — | 4,603 | 1,345 | |
| 4512 - Hall - Utilities; Gas | 3,843 | — | — | — | 3,843 | 4,783 | |
| 4514 - Hall - Utilities; Water | 263 | — | — | — | 263 | 819 | |
| 4911 - Giving - Missionary Societies | — | — | 240 | — | 240 | 240 | |
| 5212 - Events - Food, Edibles, etc. | 64 | — | — | — | 64 | 112 | |
| 5371 - Trading COGS - Bar Expenses | 1,887 | — | — | — | 1,887 | 616 | |
| Expenditure on charitable | 59,023 | — | 1,655 | — | 60,679 | 68,877 | |
| activities Totals |
There may be minor discrepancies in the totals if the pence are not being shown
22 March 2022 Page 2
| Other expenditure 4199 - Hall - Other Running Costs 4223 - Hall Major works Fabric 6111 - Independent Examiners Fees 6411 - BANK CHARGES 6911 - Other Governance Costs Other expenditure Totals Expenditure Grand totals |
Unrestricted Designated Restricted Endowment Total This year Last year |
|---|---|
| 1,229 — 5,491 — 6,721 1,254 10,091 — — — 10,091 4,490 — — — — — 47 — — — — — 126 1,004 — — — 1,004 — |
|
| 17,817 12,325 — 5,491 — 5,918 |
|
| 72,064 — 7,147 — 75,272 79,211 |
There may be minor discrepancies in the totals if the pence are not being shown
22 March 2022 Page 3
Treasurer’s report for 2021
In 2021 our income from giving was much the same as that in 2020. There was an improvement in income from the use of the hall and the bar as the facilities opened once again in September. We were only able to pay about half of our Parish Share in 2021 as our income was severely disrupted by the restrictions of the pandemic for most of the year.
Our fuel costs were still high as the electricity bills for the last quarter of 2020 were not received until January and still reflected the cost of drying out the church and hall. We were waiting for a final payment from Ecclesiastical Insurance to cover the extra fuel costs, other items that we had paid for, and for loss of earnings.
With the help of grants from Calderdale council and the Diocese we were able to purchase and install flood protection in both the church and hall which cost £13000. This was an important investment for the years ahead.
I would continue to encourage those not giving regularly to the work of St Michael’s to consider doing so as this would increase our financial stability during difficult times.
Margaret Tettey
June 2021