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 DIrect￿n$ 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