THE BRENTWOOD DIOCESAN CATHEDRAL
AND CHORAL TRUST TrUND
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
30 SEpfEMBLR 2024
CIIARITY REGISTRATION NUMBFR: 1056374

THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
Page I
LEGAL AND ADMINISTRATIVE DETAILS
Charity Registration No:
1056374
Address:
Marlborough House
Victoria Road South
Chelmsford
Essex
CMI ILN
Governing Instrument..
The trust is established by a Trust Deed dated 31 May 1996
Investment Powcrs:
There are no restrictions on the powers of investm¢nts.
Trustees..
Alan Williams, Bishop of Brentwood
Gerald Vincent Bodenham Thompson, DL
Philip John Tolhurst - Chair
Simon Andrew Dalton Hall, MBE, DL
Marianne O'sullivan
Christopher Flunter Gordon
R¢v Martln Bol<ind
Bankers:
HSBC
91 Fligh Streel
Brentwood
CM144RU
Lloyds Bank
13 Cornhill North
Ipswich
IPI IDG
Independent Examiner
Adam Halsey
Haysmac LLP
l O Queen Street Place
London
EC4R IAG

IHL 1SKLIY I VYUVIJ VIVLL)AIry LA'I HLDKAL ALYU LHVI<AL'I'KUb' I. uriv
Page 2
TRUSTEES REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees have pleasure in presenting their rq)ort for the year ended 30 September 2024.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Constitution
The trust was established by a Trnst Deed daied 31 May 1996.
Trustees and Management Structure
The trnstees who served during the year and since the year end are lisied on page l . Where additional trustces are
required, the Charity encourages existing trustees to put forward names. advertises the position and discusses with
similar organisations whether they are aware of suitable candidates. Prospective tNstees are provided with full
infomiation on the charity's constitution, objects and finances.
OBJECTIVES, ACTIVITIES AND ACHIEVEMENTS
Objectives
The advancement of education in establishing and maintaining scholarships and bursaries for lay clerks
and choi'isters and organists of the Choir of Brentwood Cathedral in order to promote the eXCell￿]Ce of
choral music in Brentwood Cathedral.
The advancement of religion through the maintenance and mailagemcnt of the fabric of the Brentwood
Cathedral Building.
Capital and income may be applied towards the objects at the discretion of the Trustees, subject to ihe requireinent
that at l¢ast 50 % of unrestricted income be applied to the choral fund.
Activities, Achievements and Future Plans
The trustees have continued tlieir policy of trying to accumulate funds to meet future costs. The Cathedral is a
relatively new building and wliile maintenance costs for the structure arc currently mode8t the8e. tog¢th¢r with
general inaintenance costs are both likely to incrcase in the future. It is intended that the building should b¢
maiiitained to a high standard so thal it can benefit future generations. The insurance value of approximately
£7.5m gives an indication of the scale of maintcnancc costs that will accrue in the future.
Investment Performance
During the year the investment portfolio increascd in value by l OQ/o and gcnerated £51,976 of income for ih¢
Trust.
FINANCIAL RLVIEW
The total income of thecharity decreased slightly from £53,371 tn 2023 to £52,076 in 2024. Expcndtturedccreased
from £90,987 to £66,265 mainly due to higher repair Losts at the Cathedral in 2023.
Investment Powers and Policy
There are no restrictions on the powers of investmcnts. The policy of the Charity is to iiivcst into a mixed portfolio
of stocks and shares through tlie management of Investec (a subsidiary of Ratlibones Group Plc). The Cliarity's
policy ts also to look for socially responsible investments consistent with a Catholic Troundation.

THE BREINTWOOD DIOCESAIY CATHEDRAL AND CHORAL TRUST FUND
Page 3
TRUSTEES REPORT
FOR THE YEAR EIYDED 30 SEPTEMBER 2024
Reserves Policy
At 30 September 2024, the unrestricted reserves of the Charity were £1,082.449. As stated above, the trustees,
policy is to accumulate funds to meet the future maintenance costs of the Cathedral, which are expected to increase
in the future. Thc trust¢es aim to continue building up the free reserves over the next few years so as to continue
to provide the support necessary for the Charity to fulfil its objectives,
PUBLIC BENEFIT
The Trustees confimi that they have complied with th¢ requirements of section 17 of the Charities Act 2011 to
have due r¢gard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit,.
The Choir which is supported by the Trust, is open to all members of the Diocese, and also recruits Eay clerks
from the community generally. In addition to participating in church services, the choir also provides free concerts
for the public. The Cathedral Church, which the trust helps to maintaiw is not only the mother church of the
Brentwood Diocese and a centre of worship but also a centre for charitable activities within the community of
Essex and is open to all members of the public.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The purpose of this statement is to distinguish the truslees, responsibilities for the accounts from thos¢ of the
auditors as stated in their rq)ort. The Charitie5 Act 2011 requires the trustees to prepare for cach financial year
financial statements which give a true and fair view of the charity's financial activities during the year and of its
financial position at the year end. In preparing the financial stat¢ments the trustees are required to:
Select suktable accounting policies and apply ihem consistently.
Make judgements and estiinates that are reasonable and prudent.
State whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements. and
Prepare the financial statemcnls on the going coiicem basis unless it is inappropriate to presume that this
basis applies.
The trustees are responsible for ensuring proper accounting records are kept which disclose, with reasonable
accuracy at any time, the finanLial positioIi of the Charity and enable ihem to ensure that the financial statements
comply with the Trust DLed aiid the disclosure regulations, They are also responsible for safeguarding the as%ets
of the Charity and hence for taking r¢asonablc steps for thL' prcvention aiid dctection of error, fraud and other
irregularities,
App
dbythe
st
es on...
2025 and signed as authorised on thelr behalf by:
PJTolh
Trustee
st

Yage 4
THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
I report on the accounts of the Trust for the year ended 30 September 2024 which are set out on pages 5 to 13.
RESPECTIVE RESPONSIBILITIF.S OF TRUSTEES AND EXAMINER
As the charity's Trnstees you are responsible for the preparation of the accounts. you consider that an audit is not
required for this year under section k44(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
It Is my responsibility to..
examine the accounts under section 145 of the 2011 Act.
to follow the procedures laid down in the general Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act. and
to state whether particular matters have come to my altention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My ¢xamknation was carried out in accordance with the general Directions given by the Charity Commission, An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
prcsented wilh those records, It also includes consideration of any unusual items or disclosures in the accounts,
and the seeking of explanations from you as Trustecs concerning any such matters. The procL'dures undertaken
do not provide all the evideiice that would be required in an audit and consequenily no opiiiion is given as to
whether the accounts present a 'true and fair view, and the report is limited to those Inatters set out in tlie statement
below.
INDEPENDENT F.XAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention..
i)
which gives me reasonable cause to believe that, in any material respect, the requirements;
to keep accounling records in accordance with S130 of the 2011 Act. and
to prepare accounts which accord with the accounting records and to comply with the accounting
requiremenis of the 2011 Act
have not been met. or
2)
to which, in my opinion, attention should be drawn in ordcr to enable a proper understanding of the accounts
to be reachcd.
Adain Halsey
Haysmac l.I.P
Chartercd Accountants
10 Queen Street Place
London
EC4R IAG
9 !uly.2025

THE BRENTWOOD DIOCESAIY CATHEDRAL AND CHORAL TRUST FUND
Page 5
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED30 SEPTEMBER 2024
Pernianent
Endowment
Fund
Restricted Unrestricted
Funds
Funds
2024
Total
2023
Total
Notes
INCOME FROM..
Investment income
Donations receiv¢d
5,145
46,831
loo
51.976
loo
53,371
Total income
5,145
46,931
52,076
53,371
EXPENDITURE ON:
Cost of raising funds
Investment manag¢ment fees
Charitable Activiti¢s'.
Choral expenses.. lay clerks and
choir
Grani for Cathedral repairs
Depreciation of grand piuno
Support costs
,701
6,539
8,106
16,346
15,597
44,555
(5.l46)
1,000
9,510
44,555
(5,146)
1,000
9,510
41,082
23,778
1,000
9,530
Total expendilure
1,701
6.539
58,025
66.265
90,987
(1,701)
(1,394)
(11,094)
(14.l89}
(37,616)
Gainsl(losses) on investments
20,942
80.519
99,756
201,217
41,582
Net income
19,241
79,125
88,662
187,028
3,966
Reconciliation of funds..
Accumulated funds bioughl forward
189.376
764,155
993,787
1,947,318
1,943,352
Accumulated funds carried forward 6, 7&8
£208,617
£843,280 £1,082,449 £2,134,346 £1,947,318
The statement of financial aclivities iiiclude5 all gaiii.% and losses in the period. All incoming re8ourcc8 and resouree8
expended derive from ¢onlinuing activities, Th¢ comparative year's statement of financial activiti¢b is included in note I l.

I 15KLIN I VVVViJ VIULLJAIY LAI HLDI<AL ALYU LHUKAL 'I'KUS 1. l*'ULY
Vage 6
BALANCE .SHEET
AS AT 30 SEvfEMBER 2024
2024
2023
TANGIBLE FIXED ASSF.TS
19,000
20.000
INVESTMEwrs
2,005,164
1,819.560
CURRENT ASSETS
Debtors - accrued income & prepayments
7,716
I I,815
Cash - COIF Deposit
- Cash at bank
50,000
55,340
50,000
69,193
113,056
131,008
CURRENT LIABELITIES
C.reditor: Accrued expenses falling due
within one year
(2,874)
(23.250)
Net Current Assets
110.182
107,758
Total Assets
£2,134,346
£1,947,318
FUNDS
Unrestricted Funds
Trust Fund Received
Choral Fund
Cathedral Fund
973,533
64,390
36,473
873,777
59,624
27.560
1.074,396
8.053
960.961
32,826
Designated Fun(Lq
1.082,449
993,787
Reslri¢ted funds
Pernianenl Endovmient Fund
843,280
208,617
764,155
189,376
£2,134,346
£1,947,318
Approved by the Tni%tees ......
2025 and signed on tlieTr behalf by
P J Tolhurst
Trust¢e

THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
Page 7
ACCOUNTING POLICIES
FOR THE YEAR EIYDED 30 SEiYfEMBER 2024
The financial statements have been prq)ared in accordance with FRS102 The Financial Reporting Standard
applicable in the UKand Jreland and the Statement of Recommended Practice for Charities (SORP 2015) (Second
Edition), ¢ffective l January 2019. The financial statements comply with all statutory requiremcnts and the
requirements of the charity's governing document. The particular accounting policies adopted are described
below. Th¢ financial statements are prepared under the historical cost convention, as modified to include fixed
asset investments at market value. Figures are presented in sterling and rounded to the nearest pound.
The Charity is a Public Benefit Entity as defined by FRSI 02.
Going Concern
The I'rustees consider that thcre are no material uncertainties which would cast doubt on the Charity's ability to
continue as a going concern. The Trnst continues to receive substantial income from its investments and tailors
its expenditure to reflect what it has received and the advice on future incomc.
General Information
The Charity is a charity registered in England and Wales (charity number: 1056374).
Income
Legacie5 and donations are recO￿lsed when receivable or when the Charity becomes Icgally entitled to them and
they can reasonably b¢ measured in financlal ternis. Investment income is accounted for as it accrues.
The trust deed provides that at least 500/0 of unrestricted income shall be applied to the choral fund and this
allocation is shown in note 6 to the accounts.
Expenditure
Charitable activities consists of all expenditure directly relating to the objects of the Charity,
Governance costs include expenditure on management and compliance with constitutional and statutory
requirements.
The grants for Cathedral and Choral cxpenses are made to the Roman Catholic Diocese of Brentwood, Registered
Charity No 234092.
IrreLoverable VAT is included with the category of expense to which it relates,
Fixed assets
Tangible fixed assets are ststed at hislorical cost less accumulated depreciation. Depreciation is charged so as to
allocate the cost of the asset less residual valu¢ over their estimated useful life.
Depreciation is provided on the grand piano on a straight line basis over 16 years. The residual value of the grand
piano is estimated at £ l 0,000.
Finaucial instruments
Basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade
and oiher accounts r¢ceivable and payable are accounted for on the following basis:
Investments.
Investments held for the long-t¢mi lo generate income or capital growth are carried at fair value as fixed assets.
The Statement of Financial Activities includes the n¢t gains and losses arising on revaluations and disposals
throughout the year.

'I'IIL 15KLIN"I IVUVU VIULLbAIY LA"I'tIEVKAL L'EIURAL 'I'KUS'1' b'UND
Page 8
ACCOUNTING POI.ICIES
OR THE YEAR ENDED 30 SEvfEMBER 2024
Cush (ind Lush eqiiiiialents
Cash and cash equivalents includes cash in hand. deposits held at banks, other short-terni highly liquid investments
with original maturities of three months or less and bank overdrafts. Bank overdrafts. when applicable, are shown
within Current liabililies.
Debior,i cind creditor.Y
D¢blors and creditors are measured at the transaction price less any provision for tmpaim]ent. Any losses arising
from impaim]ent are recognised as expenditur¢,
Restricted Funds
These funds are subject to restrictions imposed by the donor.

THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
Page 9
NOTESTO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
TAIYGIBLE FIXED ASSETS
Grand
Piano
Cost:
Opening and ¢losing cost
26,000
Depreciation:
At l Octobw 2023
Charge in year
6,000
1,000
At 30 September 2024
7,000
Net book value:
30 September 2024
£19.000
30 September 2023
£20,000
INVESTMENTS
2024
2023
Opening in8rket value
Additions
Disposa15
Gainsl(losses)
1,819,560
1,244,583
(1,260,196)
201,217
1,791,812
679,003
(692,837)
41,582
Closing market value
£2,005,164
£1,819,560
LOAN IN RESPECT OF CATHEDRAL CHOIR SCHOOL
This loan to the diocese which is free of interest is repayable on a change of use of the Choir School (whether it
18 sold or not), and the repayment is inflation linked, The likelihood of a change of use of the Choir School is
considered to be remote, therefore the loan has a fair value of £Nil. If the loan had become repayable at 30
September 2024, it would have had a value of £345,710.
INCOME FROM INVESTMENTS
2024
2023
Dividend inLoine
Bank and deposit inler¢st
49,435
2,541
51,604
1,767
£51.976
£53,371
SUPPORT COSTS
2024
2023
Support costs include:
Independent Examination fee
Accounting fees
£2,880
£6,295
£2,574
£5,856

I I IVUUV IJIULLJAL) LAI IILDKAL ￿Tru LklC)IIAL"J'KLS'1' Tr'U'.ND
Pa&ie l O
'OTES TO THE AccoufA TS (continued)
FOR THE YEAR EN'DED 30 SEYfE,MBER 2024
UNRESTRICTED FLNDS
Opening Incoining
Balance Resou¥ces
Outgoing
Resources
Gains]
Transfers
Closing
Balan¢¢
General Funds
Designated Funds:
Bursary F'und
960,961
27,149
(13.470)
99,756
1,074,396
32,826
19,782
(44,555)
8.053
£993,787
£46,931
£(58,025)
£99,756
£1,082,449
Unrestrlcted funds for the comparative year:
Opening Incoining
Balance Resources
Outgoing
Resources
Gains/
Transfers
Closing
Balance
General Funds
Designated Funds,.
Bursary Fund
955,072
27,325
(42,030)
20,594
960,961
53,238
20,670
(41,082)
32,826
£1,008,310
£47,995
£(83,112)
£20,594
£993,787
GENERAL FUNDS
The fund balances at the end of the ycar is derived from:
Trust
Fund
Choral
Fund
Cathedral
Fund
Total
Income
Expenditure
Gains/ (loss¢s) on investinents
13,574
(8.808)
13,575
(4,662)
27,149
(13,470)
99,756
99,756
Net inoveinent of funds
Initial amount received on
foundation of the charity
Balances brought forward
99,756
4,766
8,913
113,435
500,000
373.777
500,000
460,961
59,624
27,560
Year end fund balance
£973,533
£64,390
£36,473
£1,074,396
General funds for the comparative year:
Income
Expenditure
Gains on investinents
13,663
{8,626)
13,662
(33,404)
27,325
(42,030)
20,594
20,594
Nel moveinent of funds
Initial ainount rcceived on
foundation of the charity
Balances brought fonvard
20,594
5,037
(19,742)
5,889
500,000
353,183
500,000
455.072
54.587
47,302
Year end fund balance
£873,777
£59,624
£27.560
£960,961

THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
Pagell
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 30 SEYfEMBER 2024
RESTRICTED FUNDS
Opening Incoming
Balanc¢ Resources
Outgoing
Resources
Gains/
Transfers
Closing
Balance
Elizabeth Atkins
Hellnion¢ Lang
Olga Rippon
Harold Hood
Mgr.Christopher Creede
Ames Legacy Incom¢
Bishop Thomas Mcmahon
Friends of Cathedral Music
Doris Blooman Nott Bursary
Miss Eileen Keary
Mgr David Donnelly
109,966
266,208
41,237
132,850
41,237
36,043
27,493
20,617
6,871
68,728
12,905
(988)
(2,391)
(370)
(1,193)
(370)
12,161
29,439
4,560
14,691
4,560
121,139
293,256
45,427
146,348
45,427
41,188
30,286
22,712
7,569
75,712
14,216
5,145
(247)
(185)
(62)
(617)
(116)
3,040
2,280
760
7,601
1,427
£764,155
£5,145
£(6,539)
£80,519
£843,280
Restricted funds for the compArative year:
Op¢ning Encoming
Balance Resources
Outgoing
Resources
Gains/
Transfers
Closing
Balance
Elizabeth Atkins
Hennione Lang
Olga Rippon
Harold Hood
Mgr.Christopher Creede
Ames Legacy Incoine
Bishop Thomas Mcmahon
Friends of Catliedral Musi¢
Doris Blooman Notl Bursary
Miss Eileen K¢ary
Mgr David Donnelly
108,396
262,402
40,647
130,952
40,647
30.667
27,100
20,322
6,773
67,746
12,721
(945)
(2,284)
(354)
(1,140)
(354)
2,515
6,090
944
3,038
944
109,966
266,208
41,237
132,850
41,237
36,043
27,493
20,617
6,871
68,728
12,905
5,376
(236)
(177)
(59)
(590)
(i i i)
629
472
157
1,572
295
£748,373
£5,376
£(6,250)
£16,656
£764,155
The income earned from the Aines Legacy Income fund is to be used towards th¢ structural mainlenance of the
Cathedral.
The Friends of Cathedral Music and Harold Hood funds ar¢ for the support of the choir and the other funds are
to provide bursaries for members of the choir including lay clerks.

THE IIREINI'WOOD DIOCESAIN CATHEDRAL A￿'D CIIORAI. TRLsf FL'I%D
Pagc 12
NOTES TO THE ACCOUN'TS (continued)
FOR TIIE YEAR ENDED 30 SEPTEMBER 2024
PERMANENT ENDOWMENT FULND
Opening Incoining,
Balance Resourc¢s
Outgotng
Resources
Investment
Gains/(Losses)
Closing
Balanc¢
Ames l.egacy Capital
£189,376
£(1,701)
£20,942
£208,617
Permanent endowment fund for the comparative year:
Opening Incoming
Balance Resources
Outgoing
Resources
Investment
Gains/(Losses)
Closing
Balance
Aines Legacy Capital
£186,669
£(1,625)
£4,332
£189,376
The income earned from Ihe Ames Legacy fund is lo bc used towards the Structural maintenance of the Cath¢dral.
The capital of the fund is to be inaintained,
ALLOCATION OF NET ASSETS
Endowment Restricted
Funds
Fund
General
F'und
Dcsignated
Eiund
Total
Fixed assets
Investinents
Net Current Assels
19,000
994,455
60,941
19,000
2,005,164
10,182
208,617
802,092
41,188
8,053
£208,617
£843,280
£1,074,396
£8,053
£2,134,346
Allocation of net assets for comparative year:
Fixed assets
Investments
Nct Current Assets
20,000
902,072
38,889
20,000
1.819,560
107,758
189,376
728,112
36,043
32,826
£189,376
£764,155
£960,961
£32.826
£1,947,318
10. TRL'STEES
The Truste¢8 receive no reinuneration or re-iillburseinent of expenses.
One trustee is a partncr with a firn] ot. solicilors. The finn charged the charity £6,295 (2023: £5,856) for
accountancy services during the year and £Nil (2023: £Nil) of this was owed by the charity at the year end.

THE BRENTWOOD DIOCESAN CATHEDRAL AND CHORAL TRUST FUND
Page 13
NOTES TO THE ACCOUIYTS (continued)
FOR THE YEAR ENDED 30 SEYTEMBER2024
11. STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
Pern]anent
Endowrnent
Fund
Reslricted Unrestricted
Fund
General
2023
Total
INCOME FROM..
Investment income
5.376
47,995
53,371
Total incoming resources
5.376
47,995
53.371
EXPENDITURE ON..
Cost of raising funds
Investment tnanagement fees
Charitable Aclivities:
Choral expenses- lay clerks and
choir
Grant for Cathedral r¢pairs
Depre¢iation of grand pihno
Support cosls
1,625
6,250
7,722
15,597
41,082
23.778
1,000
9,530
41,082
23,778
1,000
9,530
Total expenditure
1,625
6,250
83,112
90,987
(1,625)
{874)
(35,117)
(37,616)
Gains on investments
4,332
16,656
20,594
41,582
Net income
2,707
15,782
(14,523)
3,966
Reconciliation of fund5'.
Accumulated funds brought forward
186,669
748,373
1,008,310
1,943.352
Ao¢umulated funds carried forward
£189J76
£764,155
£993,787 £1,947,318