South England Conference of Seventh-day Adventists Report and Flnancial Statements Year pnded 31 December 2023 Reglstered Charity No. (England and Walés): 1045687 South England Conference of Seventh4ay Adventtsts Contents Pa8e Trustees ftefeience and administratfve deta115 of."the Charfty and Advi50 Trustees report Independent audltor¥ report Group statement of financ￿1 activitiE5 14 charity st8t¢rnentot financlal artfvitiE5 15 8alan¢E sheet 16 Cash Flowslatement 17 Notes to the Chattty's flnancial statement5 South Entland Conference of Seventh41ay Adventisls Tru5tee5 Pastor Kith Thomas Pastor Nathan StIGkland Ann Swaty Its Judy c1wr￿lIS Mr Kwasi thnk¥va Ms Naialie Hertry IAr Dwayne L8wson Pastor M8rrigon Mburgnl Pa5tOf Roy3t¢n Smith Slefano Berlc4hi Paul Thtynpsdn Sandra Gokling Qavkl Sanri*eF WJrton Chris11￿￿G￿n egotz Majczyk Pastor Colln Stewart Amber BB&I PBskiGerald Sm6th Bemard Bempong Miwelle SGanIl9b￿Yy Paslpr KW￿￿ Moore Serens Allen Pastor Lbwls Qu4yp (Chalrnwi. 4pwnt•d lo￿r2023) (Ex￿(￿￿ ser1et￿. aFWnled IN9r2021 rrreaswer) (hppolnknj i(¥9r2023) IAppuknted IIN9r2023) (Atwrfntsd 1(¥9r2023) (Appo¢nl8d 101912023) (Appointed 11Y9r2023) (Appoinletl IQW2023) ppointed lo￿r2023) (4)pohied 2KQ0241 (Apprjinted 10112r2023? Obntad IOJ12r2023) trrted 11Y9r20231 (Appwled 101912023) ppolnted I￿gr2022) pp¢h)tFd IOW2tr231 (Apprythl 10rnr2023) IAKwlnt8d 10)W202JI South Eng18nd Conferefi￿ of Seventh4ay Ad¥entists Reference and Admlnlstralhe DetsNs of the Ch3rlty and L15t of Advlsors Chafjtyrturnber 1045587 ReEiStered offfce 25 Stjohn's Ro"ad Hertford%Nte WD17 IPZ B￿￿kerS C Baok pk 73 Hlgh SIIEet HErtford5hwe WD17 4A8 5ollGIlws Anthony Colkns Sollcitor5 134 Edmund Strept Dlrrrilneham West Midands 84 2ES Accountrdfrts KFwBston LLP 4 Victo￿a Swa St Albans Hertlord5hke AL3 ITP Emplo￿￿entAr￿0r Citatlon PLC Cltstbon No￿e l M3cclesfteld RD3d Wllrn51ow 5x9 IBZ South England Conference of Seventh-dayAdventists TRUSTEES'REPORT FOR YEAR ENDING 31 DECEMBER2023 The Trustees of South England Conference of Seventh-day Adventists {SEC) present this report forthe year ended 31" December 2023 togetherwith the consolidated charity accounts, which have been audited by Moore Kingston Smith LLP. This Trustees, Report is not onlyto fulfilthe legal and statutory requirements, but it is intended to explain the activities and future plans of this charity. It should be noted that 2023 was a yearwhere delegatesfrom the churches come together {at a Session) having received reports from the work of the SEC. its directors and sponsors. and elect officers and directors for the coming quadrennium. This took place 7-10 September 2023 8t the University of Essex, Colchester. Some of the reports here bridge between two directors for this year. There was a change of trustees atthis Session. Church Growth and Mlssion A key departmental project was the Global Mission inttiative, which included three projects across the region aimed at supporting diverse and often under-represented groups, such as Sutton Connect in Sutton, B-Hope in Buckhurst Hill, and a Chinese Church in ColindaLe. These initiativeswere designed to help build community networks and provide spiritual and social supportto local residents. many of whom are outside traditional religious circles. By collaborating with localvolunteers and international partners, the departmentwas able to make these projects sustainable 8nd impactrul, benefiting not only church members butthe wider public as well. The department also supported small congregations and communitygroups throLJgh training 8nd events like the'small Church Big Impact, retreat. which provided local leaders with the toolsthey needed to serve their communities more effectively. These efforts were designed to empower sm811 churches to make a difference in their local areas, despite limited resources. Additionally, the department organized culturaltours to places likethe British Museum and Rome, offering Participants an opportunityto engage with history and broaden their understanding of social and cultural contexts. This focus on education and communty-building helped foster a deeper connection between these smaller groups and the widercommunity, enhancingtheir capacity to serve and supportthose around them. South England Conference of Seventh-day Adventists TRUSTEES, REPORT FOR YEAR ENDING 31 DECEMBER2023 Community Ministries In 2023, the Community Ministries department continued to run initiatives aimed at supporting vulnerable populations, particul8rlythe homeless and underserved. The annualAdvent Shelter, held from December 24th to January 1 st, providedvital daysheltei services, warm meals, and a safe spaceforthose without stsble housing. The programmg. operatingfrom 8AM to 7PM each day. offered critical assistance duringthe coldest part of theyear. Volunteers from the local area played a key role in ensuring the success of the shelter, creating a colleborative effortthat reached far beyond church membership. Throughoutthe year, the department also focused on buildingconnectionswith community leaders and strengthening public service initiatives across different regions, distributing food. clothing, and other essentials to those in need. These ongoing activities demonstrate our commitmentto tackling both immediate and systemic challenges, 8nd making a tangible difference to individuals and families in need. Famllyand Chlldren's Mlnistries The Family and Children's Ministries department concentrated on delivering 8 V8riety of programmes aimèd at strengtheningfamilies and supporting children. Throughout the year, they provided leadership training for local ministy leaders to enhance their skills in nurturing children's emotional resilTence and spiritualgrowth. This training ensured thatthose leading children's programmes were better equipped to seNethe needs of children within both church settings and the wider community. The department also facilitated family-focused events across drfferent regions, whereworkshops and discussions addressed key issues in family life. Visiting several local churches and hosting talks in venues all over the South of England, extended the department's outreach to diverse communities. offering guidance on family matters, mental health, and personaldeveLopment. These efforts helped create stronger connections within families and provided practical support to individuals beyond the church. PublicAffairs and Religious Liberty Working in collaboration with the British Union Conference IBUC). the department helped members navigate workplace and educational challenges by issuingformal exemption letters, resulting in positive outcomes. For instanca. a senior nurse was able to successfully negotiate an alternative workday. allowing herto maintain her religious observances while fulfilling her professional responsibilities. South England Conference of Seventh-dayAdventists TRUSTEES, REPORT FOR YEAR ENDING 31 DECEMBER 2023 Throughoutthe year. the department continued to promote religious libertyand support members by offeringworkshops and training events, designed to empower individuals and families within both church and community settings. These efforts reflect an ongoing commitment to defending individual rights and fostering 8 better understanding of religious freedoms. Prayer Ministries The South England Conference's daily prayer line sawsignific8nt growth. with a steady increase in participation, including non-Adventists who became regularattendees. This prayer line offered notjust spiritual support but also practical assistance, as partiCiP8nts f8cinE health challenges, bereavement, or other life difficulties werefollowed up with personal support, hospitalvisits, and funeral planning. The department also provided trainingto new prayer leaders, empowering individuals from all backgrounds to lead prayer sessions and Bible studies. contributingtothe person81 growth and development of p8rtiCiP8nts. Additionally, the department organized community-centred events like the monthly Prayer and Fasting days, which sddressed pressing social issues such as the wellbeing of children, marriages, and mental health concerns. Themes for these prayer days were chosen to resonate with participants. everyday struggles, offering hope and practic81 spiritual support. The department's work extended beyond the church. with prayer initiatives creating opportunities for people to come together, reflect, and support each otherthrough difficult times. This inclusive approach to player allowed the department to positively impact both Adventists and the wider public. Prison Ministries The Prison Ministries Department aimsto be a beacon of hope and restoration for prisoners, their families, and ex-offenders, embodying Christ's mission of compassion. healing, and reintegration. Through strategic initiatives. we seek to build 8 network of dedicated volunteers. strengthen ties with families and communities. and equip churches to playan active role in prison ministry. South England Conference of Seventh-day Adventists TRUSTEES, REPORT FOR YEAR ENDING 31 DECEMBER2023 Safeguarding The department played a critical role in promotingthe safety and well-being of children and families throughout 2023. With a focus on training and education. the department successfully conducted safeguardingtraining for466 individuals, empoweringthem to recognize and respond to safeguarding issues effectively. The department's commitment to equipping church leaders with the necessarytools to navigate safeguarding matters was evidentthrough their engagement in Area Days of Fellowship, where seminars addressed the impact of abuse on families and equipped children with self-protection strategies. Furthermore, the department undertook 5ignificantwork in partnership with local authorities, advising on complex safeguarding conceTns and establishing a robust policyframeworkto enhance child protection measures. These efforts reflect our dedication to creating a safe environment forvulnerable individuals within the wider communty. Youth Ministries In 2023, the department focused on addressing critical issues affectingthe )Mder community, particu18rlyyouth violence. In response to the tragic Loss of a young adult, the department oiganized a Youth Violence Rally in Brixton, uniting local young people to r8ise awareness and advocate for a safer environment. This event aimed not onlyto honourthe victim but also to foster a sense of communityand promote peace amongyoung people. Byt8king a stand agalnst violence and encouraging dialogue, the SEC soughtto bring hope and support to those affected by such tragedies. Impairment of Hay's Wood Sita The South England Conference board tookthe initiative to commission 8n externalvaluation of the H8y's Wood Retreat site. The valuation was £4.875M and 85 a result an impairment of 26.09M is reflected in the SEC Group Fin8ncial Statements as at the 31° December 2023. We havetaken a prudent approach in reducingthe carryingvaLue of the asset. Since theyear end the final phase of the development is being completed. This is the construction of 11 further lodges as perthe planning permission and is due to be fully completed by mid-2025, atter which a review of the site's use and functionalityforthe work of the charity will be made. This isto maximize the occupancylevel and subsequently give Hay's Wood Retreat Ltd the best chance of maximising profit. South England Conference of Seventh-dayAdventi5ts TRUSTEES. REPORT FOR YEAR ENDING 31 DECEMBER2023 Financial review Without our committed staff and faithful church members, the success achieved duringthis extraordinary yearwould not have been possible. Strong leadership was provided byour 188 employees and hundreds of volunteers in Local churches. Pivotalto the work ofthe charity during theyear was the financial support of our membership. who gave a total of over £20.5m in tithes and freewill offering8 and donationsto support the work. These funds were used Yor staff salaries. ev8ngelistic endeavours, humanitarian work. education, retirement benefits and the general governance and administrative operations of the South England Conference. The Trustees consider that there is a reasonable expectation thatthe Charity has adequate resources to continue in operational existence forthe foreseeablefuture and forthis reason, the Trustees continue to adoptthe'going concern, basis in preparing the accounts. TheTrustees have assessed the risks faced bythe charity including safeguarding risks and risk caused bythe globaL pandemic and have formulated plans to mitigate these risks. Restrlcted and Unrestrlcted Funds and Raserves Restricted funds are generated when the donor stipulates howtheir donation may be spent. In most cases there will be a time lag between when such funds are received and when they are expended. At 31 December 2023. restricted fundsforthe charitytotalLed £12,183.987 (2022: £12,109,103). Unrestricted funds are generated when the donor does not st1pu￿e howtheir donation may be spent. Unrestricted funds include designated funds. where theTrustees have set aside monies for a specitic purpose. Tithe fund (Operatlng Reserves) It is Charity policyto hold an operating reseNe equalto 6 months of operating expenses. The Trustees are seekingto ensure thatthis policy is met by the charity. At 31 December 2023 the fund held was £5,155.658 {2022: £2.870.645). Investment in Property Fund At 31 December 2023. the level of the reserve for Property. Churches and School Buildings was £30,434,17012022: £34,645,698) and includes the assets disclosed in the notes to the financial statements. South England Conference of Seventh-dayAdventists TRUSTEES, REPORT FOR YEAR ENDING 31 DECEMBER 2023 Unrestricted Funds At 31 December 2023. unrestricted ftjndsforthe charitytotalled £38.085,271 (2022: £40,643,747). Operational Performance and Safeguardingthe Vulnerable The South England Conference continues to operate a policy of care forthe vulnerable wthin its community. All empLoyees and congregation members working with children, vulnerable adults/elderLy are required to undergo a mandatory checkfor suitability using the Disclosure and Barring Service ID3SI. Trainingforchild Protection is provided through online Child Safety Awareness courses and localtraining programmes by our"Keepingthe Church Fatnily Safe" {KCFS) coordinator. The Trustees are confidentthatthe South England Conference was operated in harmonywith its Purpose, which as stated in its ConstitLrtion is 'to proclaim and teach the everlasting gospel The Charity has several stiategiesfor8chieving its objectives primarily through the departments in the Conference. Constitution The constitution of the SoLrth England Conference of Seventh-dayAdventists is periodically reviewed, and any changes presented to the Charity's general assembly (session) for adoption. Method of Appointment and Trainingof Trustees The management of the Charity is the responsibilityof theTrustees who are elected and co-opted underthe terms ofthe constitution. Newtrustees are provided with copies of the Charity's constitution and a discussion is carried out in relation tothe Charity. in addition. each trustee receives a copy of the Charity Commission document'The EssentialTrustee-wh8tyou need to know, whatyou need to do" and the reguLar Charity Commission Newsletters. Organisatlonal Structure and Decffislon Making The Trustees convene approximately every two months to formulate the Charity's strategy. Day- to-day operations are managed bythe administratrve officers on behalf ofthe Trustees: namely the President, the Executive Secretary. and the Treasurer. South England Conference of Seventh-dayAdventists TRUSTEES. REPORT FOR YEAR ENDING31 DECEMBER 2023 Related Organlsations The Charity m8intains relations with the follomng constltuted bodies of the Seventh-dayAdventist Church in Great Britairb: British Union Conference of Seventh-dayAdventlsts IBUC) with which the Charty is affiliated Seventh-d8yAdventl8t Association Limited {SDA4). a companycontrolled tythe BUC. holdingthe Charity's Land and property intTUSt. Rlsk Management The trustees diligently manage the signlflcant rlsks to which the Charity is exposed. Particularly those related to operations and finances. Efforts are continually diiected toward mitigatingthese risks through the developm8nt and Implementation of effective systems and procedures. Reportlngseriou¥ InGldents The Trust8es continu8 to evaluate the significant risks that the Charity may encounter, specifically concerning Its operations and finances. They are confidentthat effective measure8 have been implemented to minimise exposure to these major risks. Additlonally. they have ensured that all significant Incidents are reported tothe Charity Comrnission. Trustees Responslbilities The Trustees ale responsible for preparing th8 Trustees, R8POrt and the financial statements in accordance with app￿table law and United Kingdom Accountingstandards Iunlted Klngdom GenerallyAecepted Accounting Practice.} The Trustees aTe required to prepare financial statements for each financial yearwhlch give a true and fair view of the state of the affairs of the charity and the group and of the outgoing resources and application of resources, including the income and expenditure. otthe charitable group for that period. In preparing these financi81 statements. the trustees are required to: select sultable accounting policies and then applythern consist8ntly; obsefve the methods and principles in the Ch8ritiesSORP: makejudg8ments and estimates that are reasonable and prudent. state whether 8pplicableUKAccountingstandards have been followed. sublectto any rnaterial dep8rtures disclosed and explained in thefinancialstatements: prepar8 th8 financial statements on the going concem basis unless it is inappropriate to presume that the chafitywill continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytime the financial position of the charity and enable them to ensure that the flnancl81 statements are compliant. They are also responsible tor safeguardingthe assets of the charity 8nd the group and hence for taking reasonabl8 Stepsforthe prevention and detection of fraud and other irregularlties Approved by theTfustees of South England Conference of Seventh-d8yAdventists siEn8d on their behalf by: A Swaby- Trustee 10 January2025 Inde￿nd￿nt Audltorfs RepDrt to the Trustees and Membths of the South England C•nlerene• of Seven￿day Ad¥enti*J For th?￿r endad 31 Dec•hb•r 2023 Oplnlon Wa hawa gu4*èd the financLal slatwnwts of Engl￿d confer@r￿ of Seventh-day Ad￿tiSts for th8 y&ar end￿ 31 Dec8mber 2023 whkh compl￿e Qioup and Parenl Chaiily's Staternenl of Fin8(￿la1 Aclivitles. the Group and Paienl Chèrty Balarte Sheet, the G￿￿P Cash Flow Slalemenl and notés to the financial slaiements, iftcludfftg signrfi¢anl accounlina p￿1¢188. The financi81 reportlng fromework that tras been èplied in Ihew prepafation 15 applkable law and Unlted Kingdt)m Accountwo Standards, ineJudiri9 FRS 102 'The Financl81 Rèportlng Stsndard ApplIca￿e in the UK and Republic of Ifelarid, (Unlted Klngdorri Generally PLc8pled Ac¢(NJnbto Pr8th8). In our opfnh)n the fill￿cra1 ¥taterW￿.. giye ¥ true 8TTd.fair view of the State of the thar￿Y'S affaw8 as at 31 D8c•mbor ￿23, of ils incomin9 re80urces and appllcalion of resources, for Ihe y88r then ended., have been property prepwed In aCC￿danGe with u￿ed KIng4￿ General￿ Accepted Ae¢o_unlNig Pra¢tiee; and hav8 be8n prgpargd In accordance wtth the requlrpments of the Ch8rilies Act2011. Basls for opfnlon" W8 conducted our audr( in accordance with Inlernatr)nal Slandords ￿ Audiling IUKI (ISAS IUKII and .applicabk8 law. Our responsibifilles uTrJer those Standards we further des¢rlbed it) the Audilols Responsi￿1￿(([e$ lor the audit of Ihe Iwiancial slalem&ntS 88cIK?n of our report, We are ￿1depe.ndenI of the chirily in OGcord8nc8 with th8 ethical requKemenls Ihat ar8 r8levanl to our &udil of the finaDGlal slatem¢nl$ in the UK. inciuding the FRC'8 Ethical St8ndard. and we have lulflled our other dhlcal TespDnsibiliiies in accordance with these requitements. We b¢llevé_.that the evIder￿e we hgve obtained 18 suffi¢ienl and appropvde lo providg a bgsi#lor cur opinbn. "Con¢lu$lons"relaUng to golng concern In auditin9 thefinancial slat•nent$, W8 hav8 tr￿C￿ded that Ih&lruslees' uge of thegoing concèm basis al ?ccXiUn￿￿g ID thg proparatKJn of the finapKial st*ements is 8pprfjpriat& Based Dn Ih? work we have perfomed, we have not wjentified any rnaterial unwlaintie5 relaliro lo evenl8 Or candS1iong that, Individualty or collgctively, may cast signsficant doubt on the ch8ritl9 8bility to econtinv¢ a8 9 goin9 oon¢gmTof a parltsj of al lea8ttwthe months from the financ￿1 $18lem8nl8 are aulhorisgd for issug. Our resFonsSbifilies and tr* r¢sponsbli Illes of tho.Irustees rt5pect lo golng conoem are d05crib in the rdevanl se¢1b￿ of this report. other inlormatlon The other infofmation cowllwise5 the inlomatson included in the annuol report. olher ihan Iho finaTr¢lal statements and our audilorfs report Ihereon. The trustees 8re reswnsiblÈ fvr Ibe other Informatlon contained wilhFn the annual report. Ovr opinion on the financial staiemer*ls dtses not cover the other Information and. except lo tho extent olheJwi8e explic1￿Y staled in our report. we do not.èxprèss any Tom of assurance conduskjn Ihweo Ovr re5p(msibllly is lo lead th¢ dher informaffon and. in doing 30, ￿$[der bth"ether.Ihe other Information is rnaterially inconsistent wilh the fin8ncial 5ts1ements or our knowledgg ob"tsined In the "course of the audlt or olheThvlse ¥ppeats lo be malerialty rnLsstat￿. 11 we Idenlrfy s.￿h material Inconsislencies Qr apparent matarial mk%$latemenl4 we_are fequiral lo delèmine wh8thÈr Iber816 mqlerial mi5ststefflenl inthefinancbal statemènts Ih8m?elves. If. basgd on Ihe work we hgve pgrfom)od. we Gonclude that there is a material ￿5Statement of ihis olher infomiation, we are required" lo report thai fae We have nothiDg to Tewt In this regard. 10 Independent Audltur'5.RepDrt to tho Trustee$ M¥mbers of the South En9laTh¢ Conference of Sevethda¥ Att¥entlgts For the yearanded 31 f*cember 1023 Matters on whlch vrn arg rèqulwgd to r.Bport by oxt8pl.lon We have nothlng lo report in TeFp¢cl of the fOll￿TIng mattern where the Chafrtie5 Aet 2011 t¥"quirèY us lo ieport w you W, In tyjr oplly￿n-. the irformation 9iven In IheTruste&s' Annual Report Is IrKI￿￿[s￿nt in arymaterfa respect with the fflnantial staletnents: or the charily.has not kÈpl ad￿uate.:SIZounl￿Ig record5", the fiJraneial slotemenls are not in a9reement with oocwnttng records 8nd returns; or we have not reca￿ed al Ihe infonnabon aftd expkhalions wè required (or OLK ajd R￿ponSIbIlitieS of tru?tw¥ As expL3ined fulty in the trustaes, responsibihll8S Statément out on page 47. the tru51ee$ are. responsible lor the wep&"ation of lh& financl81 slatemenl8 and for being sa11sf￿d that tr￿Y give a true and lair view, an0 fly 8uch intern81 rontrcl as the trustees determirie * nécessary lo Enabte the proparalioh IA fi￿ar￿.￿ staleinent8.th8t 8Tè freè frDin matorial misslalement", whelher due or error. In preparing Ihe Tinancial 8taloments, the tTUStee5 are responsfole for assesoing th.e ch"aritl3-ability .conbnue as a gokng c¢ncwn. diselc&8ing, a5 applicablp. matters refaled to going conttern and using th uoing con¢gin ba$is of *¢ounling unless the Iruslees ¢ilher iilend lo liquid* the charity cr lo wse operalions. orhgve nD realistic alternative blrt lo do so. Audltorf8 Rpsponslbl1itl￿ for the audll of the flnaTrGlal statements e have been app.olnled os auditor und•r #rttion 144 cl Ihe Chatitigs Act"2011 and repbrt in Bccordanea wlth regulations Made undar 8ect>Jn 154 of that Acl.. Our obje¢iN& 8re to cètaln Fea50nable asSura￿e oboul whether tD.e finar¢lal 8laletnents 4¥ a whcTr ara free from m8lettal mlsslaternent. whether due lo fraud 01 Èrror. and lo 13¥ue 8n ouditorfs report that lllcludes.oui opintrjn. Reasonable asaurance is a high lavel of assuranc?, bul ig not a guaranlee-lhal •n audil ¢onduGled In accordance with ISAS (UK) will a￿ayS flelecl a niaigTi41 Mi6slai$mMtwhpn it 6xi8ts. Misstotement¥ Gan ari$e Irom fraucl OT error and are consideretj matèrial if, individually cf Irz a9oregat8, .Ihey coukl reasonab￿ be expgcted lo influencè Ihe"economic dedsion6 of u5efs taken on Iho basis of Iho88 fin8nclg18tat8m6nts. AF Part of 8n aLvJft in 0¢¢ordarKe witti ISAB (UK) w8 exerciso.professkinal judgement 8nd inain￿n p¢ofès8ipnal ScoF￿"¢I$M thrwghout authL We also.. l(knlfy8nd assess the rtS￿ of moierial mlsstaletnenl of finanGipl st8lem3nts. whether du to froud ar error. d8sKJn and perform audlt prr￿d￿reS.re$r1onS4ve to those rlsks. and obtsln audit evldence.thal ks sufficionl and a ropiiate to provide • ba$1$ fu our opwion. The risk of nol deteeting 8 matwial misstalemenl 6suMng from fraud Is higher than for one res￿￿￿9 from error, as fraud may Invol￿ Collusion. forgery, Inignlional onwssions, mi8reprgs8nlalion6. or th9 ovarrido of Internal control. Obtaiii ￿ under51aDding of irtemal rontrol relevant to the au(It In order lo dESl9n 4u&It procedures that are 3ppropri8le in Ihe circ￿lstances. but ncl for the purposes of expresslng an opinipn on th8 elfeclivenes8 ofRha chariwg Intem￿ eontrd. Evaluate the approprialenÉss of account'ing p0￿cleS used end the reasona¥enpss of .accounling ¢slirnaLes and retated disd)sures made by Ihe Iwstees. Indepen41ent Audltgr's Report tD the Trultees and Members&f the South Enyl•nd Conferetice Df SevEnth4ay Adv¢rtlsts'For the year •nd•d 31 DÈc*ber 2023 Conclude on the awropdaleness of the trustees, uge of the going"¢an¢em ba8i8.of a¢¢&uhltfig artd, based on the autht evidence oblained, whether a malgrlal vncertalnty exists r818ted lo events or condition$ Ihat may ca$1 signthcant d[￿bt on the chgnty's abilty to contlnué 95 a going concern. If wg corLbJde Ihat a m¥torial uncertanty exlsls. twe afE required to draw atlenlKM in our audltorfs report lo the related di$clt)sures in ts fin￿￿1 slalemenls or. rf such scla8ures ore Inadettuate, lo mrythfy our opinion. Qur condu8k)ns afe based on Ibe audll evldence obtained up to Ihe date d our auditorfs report. Fbwever, fulure events or cor¥Jilion5 may cau88 the charty to cease lo contnue as a going concern. Evaknale Ih8 overall presenl*lo"n, slfuctwe" r4)nlent ol"Ik fin8ncial slalements, inEluding the disckn8ures, and whelh&rlhefinanci?151atements reprnser*lho underfyiftg transactfJn8 and Bvents in a rnanner Ihat ach￿Ve￿ lair w¢sentatK)n. Wa GDmmunicaEe w¢lh Ib¢se charged with 9overnanc9 teggrdiTrJ. arnorvJ othef mglters. the plannèd SeOPg' and liming of the Au(fil gnd"sign(ficant aiKIit firKlings. induth.ng any signthcant delic1￿¢105 In mtemal wnlrDI that we kjénlify durln9 our audit. Explonatlon as t report aftd.fof no other purpos8. To the fullest extenl peimilled by L2w,"we do not aecepl or Bsswne fesponsibilly lo any paity clher than Ihe ¢haTity and chaiitls trustees os a body, forour audilwork. for report, or tr the oplomjn wt have Ll¢)frQ kk ng51on Smllh.L S￿￿Ory audllor ,12< 4 Vldoria Squora St Alban5 H8rtlordshlre Moore KJngSlC￿ Smllh LLP13 èfigible to as auditor n lemi¥ of SÈ¢lion 1212 of the Companies h 20C6. F￿th Jvr.>v iiijjx iJ)>.J fj¥i 3M*2 .dii 45 .5$7 1>7?, •56) ¥Ji ILIAW J41 •lh*h¥ 4J sysUJ J4414J7J ffilllUII 17JT $￿th t￿land¢onl*rertc* olSevtyrth.d3ythtrtliis •51151.0•￿￿￿*rzD2J Notes zots FIMd Awts. Tall8lN@Flx4dAS In¥estmeDI Propw¥ES 34501?43 55Q, 3&9J7.994 ,5117,754 55o,r 38.&51.xe 550,1)yS ia Cury•rtAsstts Stocks 14 ,108 4.IDI,2BI 7.574.315 7th732 3.1)V.JJl 7m.611 8fi23,206 18.781,981 7,lQJ 4.101,653 7.574.313 IQOWJ,887 24456.961 7Q.732 3.453.B20 7&03,SI2 8A61,98i I￿6￿.1￿6 In¥È#ments Cash èlbank40dtrth¥nd Tutsl CurrnniAsspts ZlJ69,171 ¥83&71S 1895J66 16ts3L456 IqmS,695 I￿515.￿)$ Is￿13.116 L703.* L672.5t6 Toiaif4etAsseis 49Jfj6.795 SL751, Pund bal*the•s Unr*trf:ied REStrirtt 37.noAté- 11110.327 40.549.741 IL135,443 OB5,271 12.183,987 31+?69.2¥ i2.UV),103 51.75IIZ T¢tal Fundi 19 49￿65.793 6twdofTr￿%1￿5oTr andslyed on Itjbehalftrf. Trtasurir Yhen¢te&:on pè8es IB LD Yofwn p*tulth*¥e4rcor!nl% South En8landConf¢r¢ll¢e ol S¢wntF￿a*yAdVeThItsts cash Ihjwststsments 5ta1•Moni￿[athl IQ23 Cashflow Irom opwall￿¥￿¥thS NetlJ5k. bylvsed (7Z9,aoyi 2",7P4921 Nelca5h ra￿d*￿by1UsedknTr IrhY5 acti￿lie CI5hflobyi from lIM￿l￿al¢¢MEh$ Netwh p￿￿￿edb¥1￿ed kn) f￿1￿1￿4 IIJL 1111ts421 1.78336 116S.445 caihirA uShE4th￿en￿atthehetsMlY 91 thevi•r J1A2Y,110 h Equknl•nts41tk•nd ol v4ar 13206 OIAIUXY C*th JJ D•¢efflber osh.. sts4t￿kand hhand 5sW0sttst￿?ted asllquld res0￿¢% 1623,206 1.7812É0 I￿4￿4fi6 I2￿19 &621.187 ¢45ht4thlErts: Oo￿ltsI￿tt*d 1019 &523, i.TdS) 10.406.466 Èbf. 11534LW IL4641 4%681 145.681 11,359.￿} IL579,511 6.147J72 Debisdue3lrormtyéth3rtoneYeat 4,455,370 Lg)1 17 Nots*to Ib•FbiandalSlatemeThts Iwthepa¢ended31IJeGE￿tsev2O2j l A¢rouTrlfnxpor(cths i..1 BxiIEalprÈpar•llun Thefinind415tstemeThi$haYe botn unL*thE hi40￿1(05￿c￿￿￿￿tsrn¥￿lhthee￿I¢mOl￿VP5kn¢ntsyknth PfE Ivdudwjat rfiarket valu& Ihe I'Darthl 5rawfieots ￿￿￿<￿v.p￿ared In.aLr0rthTh￿¥JlththÈ￿#w￿fit rfR¥fynmettd¢dprartKe" RPL'AccouTrbDK8D6Reptriin¥l¥Chgr1ts5' effeciiveihwi015 an¢4ppliubleac¢tyJniow stsrsd•ids e￿ep￿IDrÈh0 melw tthrt$ofid&tethecharltyorid 5ub5Wièrywdertaln¥RsdeperyJer*tw¢tt. The resu￿rIs￿b5lJla. rbarÈo)ns￿09r￿Ie1ulld.ThertWeVrft5I￿Elkn o fvr.her*Wahied thBIMtttiil statthlvits. atEd Ivnds ¥• thwwhlch beefjserasldotythoa&nlr(i51rati'on vrilhthecon5qitol IrtsSte25TONsp￿1fvt￿￿￿c￿¢d puTpGxe5orthwikThe*m wole?dJd￿￿1i￿d lufvJ15XettyAkn nnaTrjalststeJ￿tL wkhoutsylWrwp95E54nl I￿lOrE.•r1 MkfAe•JeeneialfuffjS. In¥éiirrtiotlncome. 8alnsard knsses8rta￿C8teo iothe•wr¢WoreluDd L5 G*•tstsmaklwpJllth* f"he"tru#e¢5atfrxatrÈrari1skn ¥Ethdaic@ kWh1heDbletsSEt¢Mrtinth￿thIrl￿5My1È￿.CO￿Stk￿tIts￿. *￿h￿reS￿￿natsed￿the n￿me￿&t0thefth0Th1n ac(Wd3￿¢￿￿￿ pubRr¥plbtiorL &.6 Inwrnlw resourcES arnovnltin ￿pU8￿￿[J¢d Tth reasoftableiccurKY. kw*cTs. *nAiernert1511bEeartlÉf.olts*"¢l>rfiv"Wn0l￿e￿ Glll I￿￿￿￿￿1￿&1￿5Irib￿tvOftQr ¢hek8ècybein¥r4u￿d. 'Ihiollcrdliosi the&￿tf￿heftSLth athSLlsw*iUtlablE* riDin£Ur￿lS￿wi￿ ￿￿ther￿f%￿O "I1￿￿¢101 co51 Niifte￿ 4 Ihkdparty. 1.7 Resourt•¥ oxpkn¢¢d l elpeffldliwek4arcrrtntÈdlor￿ ￿$¥311d fvas bÈen lththded uNJetV&rÉrGet.alEwltSltiai.4ir4atein¢0515k¥ ¥Alh the 0f.thETew￿S k*drètslD8tOSt5￿ knctJrrEdln 5Eek10B¥dL￿IaryCmknb￿u(1￿l￿In￿dD￿rJtknl￿￿RNPt￿jI￿of￿ljS￿rnkn4l￿Sl￿Qrma￿0n In supp ¢lthe charftablo4ctMlie& Supwt cwts*eth05erostslwrxod di￿￿h￿SuPPlvtQI&%Y￿:knrt0n I￿0¥e￿s￿rtheih•rtty. khonlncwreo lThconn¢ctkn thadmkn15Eraikn)lAthE%bHtty4ndc￿J￿Ct￿Ithn￿5￿￿IlO￿3IlTrd Sialrfory ulrernents. r¥aois p￿b￿ irE ¢hIrS￿lI theywhpn th•offtyiF ma!ty•x(eprkn thof•oseswhMoth*¢fvlscww1tha. suCh￿•￿t$￿e4 ft(ryn15Ed ase%p2ndiurewlen the cox*tky￿alWIhOI[e luMIIEd. fjrantsotrEredsty(tlocO￿￿tr￿6w￿ h*4e4r*teen rnÈt atthe yehf nole(fisa £vrnrniir*rrt.bW ￿)1 at¢rlleda5ekpet)diiuTe. Stiff￿$t5￿nd￿1RthE•d expEWCS ￿ alooied lit￿lly￿*$1￿tth¢￿+￿S0ft1￿elpEIiI RE50urr£swendtd We IncbJdeO beSIat*wtofFlrta￿[￿'Acl￿¥knI￿Soth WaCt¢LofsbJs& Alli(K51slncludeviiu@adLlÈd lawlwapplltlbl?: .18 W01•5 tothvAnandaisiir•*eMs loyihe yearoTrded >IOe(¢mbei202J Th¢rfJj￿¥￿s￿a¥￿￿￿ t￿￿51deAl￿1gt￿ rna*)i r15ksto%Yh¥h Ihememsor*r¢(edu(¢S 1Trordertotnanage th05É rixk*.Thty alE￿p￿*￿te0It) lIUs￿￿rd ￿￿￿e￿ISt Rbk Ma￿￿o￿t%￿o￿e1tea￿lreO￿O1I15kIDr.tbE Jrf&wlde¢ppr•tlcn5of tfAWtorftti8a*attendantrfsk 1.9 F￿elA TrCLvron¢yTran￿a1IVvS IhatendewJurwd *eln8wFFxthlbylL Fl￿d5 are trans¢errodbetwÈeiioryants•ibts*tmDThth" ￿tErt￿le*h￿ tat&slorlnter- 1.10 NvdASY¢t5 IlterntesofdeptEtia￿n appl￿dI0￿¥h*ssQfasWaFt. 133% offi￿ tittur￿ Dnd ety4pm¢nt 20-33% ComputEie4biprwt 10-39% Item5alfvmliure?ndwuipmpThtCQ5tlTrsle55th4n £i,cth1eatharyt￿l¢o a$￿e1￿￿$e￿￿llIsm0Tr. .I.IL nty5knn co¥ts Foll•￿￿81￿edO5urg0t thes•4￿&￿￿¥￿ASv￿nI￿EN￿t￿e.It￿AftIn rJknbEr.20J3.penstysue ry)*pto4dEdlDtErmsofthe natton41AUItrEnrolnrnlrequl1￿¢rt$m￿fynth areknvE5ted iDa f*ctspperyJmBI Plan dYDu£hlCg￿ anoGeDerfj￿UrnYjt* tCThP3ny. COStswI•ll￿•t￿tr￿brn￿pkn *èMwlxtrnttyth¢ 1.12 St¢tk siack15valuEd7ltfEhNw￿rOS18no r*rdts*levolueafter r[1th￿dUe1llo￿Th[tl￿rObs0ltte10d4O￿￿￿hsttérn$ InrSJdEsall dFr¢¢t¢ostsafiOirtappropiièt¢ pioportw Ll? opttrailni leas¢5 L.15 lThrtiMeffti ￿pertIeS IAVE5tment FTtyCrlI¢$4￿ [￿l￿dedIn ￿￿&1￿r￿eSh1E1at1h0k*x￿￿ f4wkoi* A'sound o184￿15￿1￿•15lrYrtYr¢1SoyllfrOnCk1rna￿vne￿￿oCUTrkUlha¥èa1*aySbe￿ thL*iErfstiC OfthÈSo￿rtTr￿d4Y**thrtfyilS1 thw¢h. jKrI￿j¢0t￿a1ti1llWé*11llsXt￿e￿nsts￿rÉd to inkniber%ofSouth"Fny*dCoriferenLeofsè￿ènIh4￿￿fit￿ts Tlfere li ¥ sirotyboid bE￿¢￿the￿￿￿#1llc¢,5￿ UrcorlErtrtt. t)￿¥11￿r6￿ re5pectpfth¢ChMrhWurtohit5&1Dn?nd lofleiing5 qlY¢n bylnaiVidu¥ rn¢rkknrsknvealwap boen rtwited t0thEcDr4eJe￿￿ASCor¥'.￿ei￿e F￿￿5. ThE5p. luAd£ these'LOfdlFuN]5' hAve atttyJThtpdfcr.'c¢41tyf. ll¥ertlmp. IhereL311or6hlp tétt¥ÉÉnE￿lQCll cJnweyu)nsafid".hÈkresDotVv* M15SkYl￿t(rfÈre￿9Th35e￿Aw￿d￿I I￿rmanC￿l ho￿ ha$￿ren81￿eit￿. lrtue4sln8ty*1(Kal we8ai¥>tsha%tIen￿'thC41 F￿￿$.101￿#*o￿F2fenEeOrhIyslts￿ toaknSnl#Èr.. tlnlll 2011 theLOC￿ CongrtÈallon5wt￿¢Qn5I￿ered w besEpir*Ele8aleniil*s8O**m¢dts MftrJ(alcFwthO¢a￿ In lwd1￿ wlth the'thufth M￿L¥l,, ar￿thÈKCtyjm￿ofI￿￿￿lelert(e ¥¥ere p[tyl￿Or￿ thisba48. tMduthng'ieolFL#¥J5'. L*e its 2Dii. adytewas Fetelvtd ic &￿e[rE￿ that, Dft EN￿￿•[tr*S￿theC{¥￿￿È.Tr￿ In pa.cyce theyi4)enle 3s¥olvnt4ry&(alsellzD4eiiirl£Sllpporl VOJps. ThETiu51ee5 TEC￿￿eth8* the ctt8rit￿s IAr¢ovntsénd ReiwtslR¢S￿bl￿52l￿￿equ1rI1￿1thec￿lw￿Cff aKzMtstrriptywllh .IhÈsi•iÉm¢nt¢f R¢¢wrnended p￿trte (SORPI.'Acwthitln¥¥nd REPJFby ￿{ha￿rt￿.4lec1IWE iJwary2015. whlthrnqLliLlhe lheyeflna￿hl5ta￿hQ￿ls.￿¢II FWJ¢ r•*itw roiDd*n1n15￿ h¥th￿￿￿1@re￿eq?￿Xl￿V￿1$1Dcr￿knI Pewces Ekp¢nditur¢s DlthÈConferencL Thesefihid5. hew byiheCDrfwenc¢irethsd05od J5belonAkni iotheCDnlertnc4 and seytstely as lurids re51rktyY 10 theu5eoftheh¥atL%iwe8aftMIL reroifiedand*JrnffM%.DDMr$ pbrttipie in ¢￿-3p￿rnment arid8LAwnan(etl thethyr¢hal all leve15.3Thl aritldp•ieirnn¥0WCV approprtbleio IhelrexpetièÈQrn> In th?_¢plnlonofihv Irwo¥cor60'dalrm wjld ieNets£gTrfvse theiFuodetSm￿kn￿ 1> ltyJlh Noi•s¢othe Fin•rKl4Siat¢ments f•tlh*lè*Y•nd￿yl D•EèMb4¢1023 1hwe8re 38 lorn1£￿Ve{alityTh5 di*eillYaffill•ted t¢iheSo¢rtth Enoavdconfv•￿oiseIw￿￿m1￿nIw% hJ¥e alWa￿￿￿@￿Vrepllr￿ and presemed WJnu•ftrrftothE￿tal¢lw￿ll￿ ThuEt¥5th ID￿kneen Inw*e¥ PlOAr4th1 IndepÉfftd8ril EiatiilrpaUondihDSÈktrJfunds byitrtthjfEre￿ Ir15eSElnmhdUwlts"102$1oMl￿oW{c¥odrn￿￿e￿J Px41W arelAthE re￿￿￿[E440.(1Ix 1.17 A£<￿[￿Nn810r Ehe5g¥•itrday A¢*4Èntist£1￿Erl) In IheRrynibK(*I￿hrf ThKFIn8￿￿lStltem1nl •ttyiiitsaTrJwa15aalffj5 rehlknltottrrtiosh'Tr+•Sskn I.IY An¥T￿lInStrUMentS . Cath anLI ts5h equlhbenis shJnd ¢a5h ¢4￿￿lle￿I$ll1C1￿rte(1Jh1t.l￿kS￿￿tln olfv¢emoaths&Y b. Debt¢rs ¢fedR015 Amtynisrt¢e￿¥bIew￿ayab*wlthfv Drteyearofthewthodtte otthwaiwansaclwprke. A￿W￿th¥t ar• Terents￿or￿?¥•b￿ In rnor&Ltw we ￿ar and31e noi 5Ut4Kltp•markQitsteOfiNerest•reD*a5uro53fthewuerf￿lue￿iI￿ luu¥erEcEipi501 pymtniot5c0￿￿t¢04l J 1.18 ￿Ne￿I *c#s4naanyinwkn*oio*lr•de * rAh¢f d2bto¢4Trustee$coniiJtrfarttyslndL￿￿thÉc￿rfr￿￿1cr￿trn￿6O1thOdebtor.*hll 4e>Tr8 wofd•rfdoi*oygind Pisteitc '.theaS5è15..Tr* yseJbittoNnictr¥osqnd rI￿VavI￿r$3￿ rTrassE5*iJfoVJ311y.Ihryarya￿n0￿dWheTh.n￿eSsIry1￿TeHecl CUr￿nt*s￿?Ees, kW*ment4uts￿￿UtyI￿atiunI￿d th￿phY&l￿￿Cfft7dthti0[lhÉ "7heppE*ntval￿DIfu￿Jrvd¢IntdIxnrt PEmslorykn"d. Z lfi¢Drnfr9￿d￿￿￿kkns •dl•pcl•s Llnr¥StrlC￿ Il*¥trki Funds F¥￿d% GTQUP: rithÉ C￿￿L￿t￿Sfr0rtl Me￿￿￿¥[￿￿tedcQn￿f1aiTOft$ .￿wItsi¢£￿#rtIiSli iJDtanCdDtÈrtrKt ofsewtipdiy NAI￿$1$ Idrthartiy'saCt￿1EI￿sITh Other8e￿I￿p￿￿taIjreI4 ItfNrtmthMs(rf '&ffih"atètl ctswieEdlorxS 45,iJo I￿$45￿70 INZZ9 BF4,219 Yax rethr0￿e0ft6Ir¢Atyj donèllo 1,9)8,639 11504.8( ,94271 "3.191534 3,866,910 25.69B343 Donal&MS 45.635 54fi18 fjranr5 &'itg,017 I,119,￿? 1.173 83S Suljtvfal 164 852 Inctynefrorn donatlgnsiNd t•wk5 20 IWthe￿IENd￿d￿D¢t￿￿bNJ0Ij estkl¢ièd Trt41 F4￿5 F¥*d* aladly: Yltheconinbuuon5frLYnmEmbEf5kn aWillatdmry4ftLatkns 20.5$5,170 B4.219 IsIAa4" I,95*￿1 Taxrnc¢veribleon6iliAkl i:U639 9.￿<91 25.745J43 SMblot•lrfb•sedanall¥b S5£￿9 3,193&34 Oowlions LtBado5 34012 2rh) 2*281 Subtolèloloth¥dw#ll 510 gB3 7Dt4llnEoffle fr*ThndDrtètlDlls 319 2011 Totsl ¢mup: Funds TI¢h￿cOntr￿Utl￿￿[r0ImTOern￿vS￿ afn1￿le0Con0t¢￿hfjty ts fmtnB[tithVnl￿ (￿r￿en￿ur5e￿h.d3Vfv￿Bi￿ts Don8￿% kr¢h8dV5OrtMii¢skn othéfrfoo8r¥4￿ ¥eas -"8fiiiia180 cord4esaU(*5 IOLJI thn8rffjllon5forlKal u5t Téx rqc0vettb1e¢￿GlYI*ld￿tsN￿1On5 g￿￿01￿1¢1b￿ dDn•tlorts 18.388,886 18J88,886 si,th)u 973,2 131.691 1.26W? 3￿15￿19 t2,7R4JJ12 D￿0￿on5 LE￿￿$ fjrants .SulJttyL41Dlpthrd￿￿l10￿5 "13&426 145J31 39a.786 393,7e6 628 lotal iD¢offlélrorn ¢h•rfl¥.' 1¢38WG 6rantsfroM Brilishurfan Cffjfty¢￿eOfSeYenIp,-dIy Advertists Qon3tl¢knslor.IhartiV5¥¢tknllÈsinothEfkptsyaphlcal av%a%. afThllaled¢thl8rEqat Bl￿D grJ.•2 131 1.910JTr56 973282 131*9J 3.:79.1$3 22,YSY1￿I TurecMrJblpon6iftWddonattgrs 1269.097 1%741Jn lo15￿29 D¢nJlloTrs 9A64 41 120514 Grdn15 'Subl•talof otherdJn•HD*S 21 555 rot•l Inrornifrgrn dDnat10fft5 t*ths 21 6? 21 N0115 *lh¢Flnarfl?1St¥lement* lol th•￿11¥nd*d 31 p+￿￿bill023 3 B•wirwfr•m 1025 R•strta•i Funrfs vaup ur¢h MLni%lry Educèi(pn Totalthab*aklt 1,370.￿6 5Y.452 594852 ￿1n￿try. I￿11)1 Totsl 5Z 941 F￿1 Chyiih MID13try Eaufjtbjn Tol4lCb•riwt4elntON¢ 1,)13X W52 14 Ch•fft¥ hurthMir4151ry lolHI CharltaWtincaThe 699.03Z 781637 In¢Dr Pynds L#ollyllStsdiri￿￿0IeTrt1 R¢iurnon ¢4th C*Lo51e51 onln*5towi S&443 321,629 "S70,Xll 58A43 Y21,629 570.7tsi Lo￿[¥￿51ed Iptyestmehts A¢wmon lorl cesh UnrÉ*llsedGakngLoss&l oftlTh¥estrrtTrl 58,443 57D.YOI 5?0,701 .165 2U2t Tot41 Lrtèllvllsted lTh¥estrn¥*# Y>246 2%796 I372￿ 246 19.756 13144351 Ji 39> lJthteaKsed fjal*%Lasseslth In¥piith¢nt l(￿l￿￿$t•d 7￿12 $1212 lj7l4351 7.912 51312 P71.4351 iaJh (Pnfeinsed GwnslL¢%¢*l9A 1rfrfestffi￿t NthItotheF￿rnnd1IStètsffl*ty rorthvyearwOe¥ iiP¢o#*eiJ013 5 Ott*rirwmlnglltswr(IS 102> YOMI F¥nds F￿￿5 F¢thJs Galn ori sale t*l&sse¢5 Other Incunie (w,n31 I72￿5 12447111 171675 Ig￿l0th•r1Tr hatlty Gaknonsle¢f¥sselS Osher.￿t￿Mè P31."nil 17167S 1232,711i .172￿5 T•tslOthorlncame 20 unr¢•trf¢wd Total Fynds Gmup Otherint(M* 45.￿) Tgt41 Olt*rI￿r¢￿ Ch•th Other InumE TotalOth•ilrtCtyM¢ EKPtnoltUM Ch4FlroWtAthty TJx•I F￿&￿ Summarybytjnd iyP• Fuwds 6rttup (htsrth Mintslry 1x853256 -1,71&914 4,WaZ 2,(￿4,961 7,715.914 5,671511 1054P6¢ 6 151425 Aelirtmert ieswm¥wintk5 ToialCh4ritablEE¥p•Odlt chttilty Cbwth Mknisby EduC81&YI Ob)ect1￿5 In Otlwtsè8rnphl¢414reas 10th77.029 "13532.680 I￿￿754 5.571.541 1054.DÉ 4￿6&132 1.064 'TDralCha¥hat41 fxpin4i1￿le 39 2022 ljnttsblrted ¢•ds Total FthDJ5 Fun¢ts ¢*urch•An15try 11.465.187 l.492,985 4338JS9 L83_4615 LL47.170 4,951 710,015 14612353 5,049.OJ3 I,B38,fj15 Rthrrnr reSp￿￿bilIt￿S T￿141 Ch*iItib￿ E￿endI￿r¢ Chuwth hllnT5try Ed￿CEt1 Object￿￿[ther￿a{rath1¢al Rélli¢rn*treY￿trAkIje5 IQ,609,$01 ).014 A￿3B,>88 1,83&61S 10 801'iXi L147,110 IL756.711 2,4n4.077 S,￿9￿15 1.838.6 710A125 krthEyE•reTrJed31 DEcembBr2023 er Grart 5upwt Cos .UTrd&rtaknn Church MivYs1ry 619352 13&678 %671541 111,71¥AXJ l.V87,919 4J50.135 4W66 2,n5,914 5.671,541 'Oble¢tlyesln other ￿11¥￿￿?1¥re¥S 503 6rnnt" I￿p￿￿t Ulre¢ty Èxp Churchm￿l￿ry 9m I2￿13.357 .iairA s.￿￿13 15 26 Oble¢ii¥eslh othv&Eoyaphi¢al ebrémentfesponslbllTt￿s 5,D49.013 138 615 Chlrlty support Y•i•J Exp irttl V*wlakery Chupth hllnbtry wi? 9.701,693 3,T47..161 S17,5a3 13.531,t•2 141&7$4 5,fj7LyI 5.671541 Rdtrémknt resP￿sIbIlI￿t$ TDt•l FMnthnÉc4 OlrEcUy .Chuych Mlnktry ,edu(atbTr .Ql*its¥e? jnvthpTEEw•F+*cl arex RQtWeme￿t relpDnsSblht￿S. 264714 737.148 S.OW113 I.BX615 30 9,114) imZ.7ttJ 11,75I71a 1014.077 5.049.013 L538.61S 20 65&rt9 26¢,JB6 7 b. Trortfranlvponknly¢b3r*o¥¥ A¢tMIy Oepr¢cl4ll•A Qlher¢uMs Churth Mlfi15try E4yuc¢knn 7,Z5Q172 1839296 iu3 G,740 >J31,1 .73l250 15.069JS5 257&286 Sl•ff cosis Dep￿clE1 TDlol Gh¥rch Mln15trY Edwcatknn 12.31756> I2￿￿42 1.8Q&$73 61 75.QS 459,754 24 P4g(es IDlhFFHUrtEl•lSl4tsmen fvrts.prÈythd3iDettmlJqr2013 2> ¢h•dw Churrh Mlnlstry fj.35•.074 762iXJ5 215.302 *3,993 295 13x4765 1&74,Y75 Ig 183 144 48,3Y7 766 (x￿￿(4)%ts Totsl hbr(11 Mknl>lry gdtJral]on 717.US. 746.41 I31￿) 47.391 li 43Q334 48L5gi 11.4KLYJ9 B97 2024 Èrants I4￿￿tser IlwnbETgf r£wp.Èthcèti>n Granls&&JJ!port Z53 71 "(harliy.. Edurat&YKG.Ws$9￿art 124 IBI Gff•n15toln5thutlonk Na rh¥y¥thop15 eri￿*h UDknnConftr¢￿¢I1SvIerth41y"l1Islq0kn oth•Y ¢¥eDIL%ts reas Billlsh ctyif¥thTtèolSwEDtli48y 53Q181 585 Z5W45 ?,5YA445 .1¢X￿39fj eniFal "Genernl tspetal￿ j?16,899 699,797 757 264.714 1838 615 othèrgramstocffith EThtlrfes Fur)d TotallnstltuMoT4ltsraN5 639,352 15,917 7 121 154 T¢t#lOrarts 585 26 trAilty AL￿1t{051$ T￿￿eeXp￿￿s 3103$ 14.012 4&057 l4.02Z io Nei￿50￿r¢eI exotTrrfed 2D2Y Th15 hStÈL￿ a1ietihar￿'. Depre¢aibnof 14nyblEfix•Jassel& x¢1rnbw*ment￿ tXPEwe5 tOM￿teeS FewpaY3Lqetolhuihartly'5 >udlt¥ .14￿2 L*￿1￿¥th￿¥*￿rrèYIr•M•lIbEotIt$Wel¢￿Cl¥I￿lTOuTrUsIe￿st￿..1l)kn rEyd. of•eTh51on sthwnes .25 r+)le51o IhE FlnanthlSi•t¢mebXS fovthqw4r•nrf•d al DBcqrnbo12013 11 511ff Costs Total 7.J6.X6 739.W YP351 745J04 159 Sti￿7 s￿rIV¢0$1$ C05ts IbEfoll¢yirytsLe8trle5wer tharibble tsVvlll Sw)wi ath4PHes 144 L47 19 MD ffiwknePSte￿. 1.103.583 25 054011 921757 72,681 JO,8fjQ,￿J iJt2.983 yii 467 O•pi*rkthin Asaroijarwjary 2023 ¢barge ioryezr On Impimiethl A5al31 Detrrnbw1023 251514 14 rie*JwkVal SAIth J3nuBry?0]3 A¥•¢31 De￿bIr1Q2Y 35 97 31 Ch¥rtty¢ost A5atoiJawary zo2a- Addhlons X70L31& I,lQ4.583 $3 7l6 I￿9￿ 71LI49 4£ J.ai2.9b3 10565 055 As Èt ai Oewrnber202> A5YtOlJinLrntyX)21 tharg2 forYeaÉ 0ri.01*0a5¥S 7536.72g 4t4441 251514 9.776 A5Ot 31 O+£￿*￿20 7 976 281 356 055 r4ei Bwkval Asatoljantsaty 2 A5at31 Decembw 1023 27 1616&7 95 z4 92 903 31 A￿eX￿rni1y￿￿JatIo￿Ilt￿e Hawswood Rttrtatdiewesc*xed ¥0un8lUKI LMmlkdvihkhw1￿ed￿$*t1t£4.87sx #ttheye3r4nd. Annp*rrn¥thaÈt*)trfected"tobV*the"0tyDe￿lth?kn SouihETrRlarnlCgrfErerKedSe¥EnifvthyAd¥erf1rf5 4otès loth• FtnrKk15tatemeThty 13 Grv¥ ZQ2Z Iir¥koi Val￿4¥10Ll•￿1Bry I4etln¥E5b￿etstl￿j$sI/8JI￿ 55QD The ¥a￿l￿On￿•S urthrt#k¢Dgn2313ntsary1023tyJth"y&a finf>ol3￿12 17 1dlt4ry.Affi￿#sIlj￿￿u0w￿thh1o￿Eye4r 21 10 bwkL¢ailSandO¥wdraltS ppller5 VèDcesfoFth)dl•b￿ a£U¥4tles (DErwp￿derta D￿￿*peN10n D￿￿alSo￿lIed thafft Z369M3 4.180 (14975) .2534C 2369,683 17.039 Izknl LgIL496 SIW9 S69,110 164.LlO 5.624 lJ7.949 L7785Q7 535. 96*110 JG4.110 5.814 235.tr>J EmplD¥eÈs 237￿9 2>S.'C*9 tieferred IncrrfnE .T•@SPV3ble (ltherthediLT 1290 594."BU2 S6 711.(ry5 1*,355 a41￿16 27 Scthh EhIBnOC•nfArnn￿or$ttylnthth￿VETthts 5 ￿the HrwncIAIStai*mert hiih¢y*•rondRd31 DÈtemlet2013 IB CredIw￿A￿)￿1a t•llr4dw*arioron¢Tr•r 2023 2ty22 1,679511 Ij3Y5 1.67ytsii .24,395 1.6318al 3&6 Amouptsdyeto assoc#hyth¥ptles Ofwhhtl)amr￿r￿s￿lllAltheaft￿s fttrpayablebyknthtsnents StitomEDItyIFLthds Itsm￿l rN¥ht Iluoyros ftwr¢es E¥penth lthjoul DES￿n￿￿ed F￿￿0> lTrwrted lrnPro¥wty 35,754294 ISS9B3 1497,051 17ri.8361 1425.8411 12S9,3aii 12C5,¥Y) 1g(E31 743.yssl 14,654 &1,147 871.171 LDrJ1coD8re￿Ilf￿ Neods B￿ldin￿MIl￿¢£lTrr 4J5,7riJ 4,1gY Oih¢r P￿ra￿ 6,16S 19562. G¢nerAI Fun¢Ls T4th￿FUnd QlhetSenettiF￿S lolal f￿R￿MI Fuods ?,870￿5 408.4 .659.107 111.3S4,532> ts5.914&571 1195621 5.155,6 1,109,113 YO￿1 4nalknhsforW￿1d MI010115 RedrementHcme 8￿IdIng Fwk1*: Scws, rp5DDrfv)) I250￿￿41 29IWJ8 k31,1 2141? 2,eJ5.1S5 24,051 "P,U33JKUI 13.265,6JQ 243,JYI 210 327 13 .65 ' loth1'F￿￿d5 51al•MeMtolFwidslCh•iiiyI TTan5kn Ckrxitd Frnid Or￿Id RE4UUrtes EyndEd DwIKnatèJl Fu￿d% In￿k￿l￿vIO0èrtV Chwcb and School ￿￿￿￿kf1￿ 31.645 J59 ¢483. 13,717,762) yI136IID 89,147 872M71 347 1425.8111 1299.3111 1105.5391 (9.0531 4¥.7 ulldin8s¢thlniertarfe Gi￿or31 CoTrYenl￿fjs fliber Pr4raRIFunth IL3401 J6,674 19,562 Gffnrsj FuTrd¥ Trt￿Fu*)d (iihor G*w•I Funds To1415ener¥lFullds 2,I70fi15 Jffj12.987 ia*s9.j07 10.077.qJ 3 7¥6 136 liiJ5I,5121 111474.1￿5 712 119.5621 3.501576 5,IS5,658 1&18,40I 77 the ¥earendel3111pcwbera02J AOAA-UX drtXT1onsforWo￿dMtsslws Reurementhorne h￿rch BuildingF￿d Ltyal Cty¢r¥aw31 Fynos Olh•r riitritt¥dlvnd¥ T&t•l r¢¢s¢rt¥ed Ftsndx 419,83Z 29I.8G8 J30.140 11,02a,456 243.*67 884.129 0￿14) 250,138 291,$08 131.161 It.265,fjIQ 145,2&1 12 IB3 $gY J.0 2,815.155 24.fsl 11833mi 112.ffj50 IQ3 37244) TDlal Fw Tiwble ffF£d•55ets .34 51&l43 55QlX 34.5*24J sso,c 22.3Q171 15,U36,7i51 11,K13,gJS S5Q,QOO 18,781.E81 13,895.IBfjj 11.67Z,5051 ¢uvfenlAsseis .836,7151 trèd1tor5d￿[*Trrt￿￿th3ll onÈyègr IL714J4 13ts,1351 L4[apBtb￿1.xzd￿5sets ProYi5bnlty bad d*t*s maOelireleF%edJ De￿ItI5￿￿Fths?NIIIpOI0l0f fwdts3¢15 '1￿10¥ll￿oIS￿WestmeDlS Ilnriea5EII061¢8SÈ-In Jtatks lI￿reaSe1 IOecie35eln d2blw5 ￿[￿￿5¢11D2tre3Se) Sncrodiiois 497.6gS 785 1,264 7Q,7O11 116.376> {L214,738) 321014 1317.W21 21 Iph 01£￿h 11￿51r0￿ Invmlyw￿I1Ps 2DZi G114dtnd*lhtéreytand rgnts frwm1rt4eitrn￿t$ lthre5t rEth*d Intere51 pld I￿19j05) 313,Z41 IW,59l) 312,135 Irr4e5lme￿ made Pvrthaseofw¢perty, ￿3￿1¥￿Ie91￿pmQrrt. 15735Q5) 16.261,3701 oluah nDwsfrL4T LF4JI.O)) Le5s*JaThsrEP• N¢toshlNflowfr(*rrtlnwtlN8atiMI 1.169.445 2g 1hethorily'.*aYnikntfd rtstheBdiish i1n￿n confernrxeofsv￿￿￿•kntI5I510r£&#Utd ¢SarsiM" Walfordi h¢rtS+W025914 whlch ihethirTtyhas? IIIhE.sFfa￿ osreew4nt. .The4675 5428$ 3K&75 99.47S 833*89 Othtrrnla￿d enlllios Dll5tripttD Titul*r hr¥woEprtP*y ITruslee5are appolnieo 'Gars10￿WItf0r￿Mdrtfffi￿%h￿tP. ComForyNts 19)53