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2023-12-31-accounts

RFGisfERED CYARrrY NVMBKK. 1118452 r4D DILL & Co. {Audkt) Limitsl StrffopthiTe SYII 2HG

FO LIID IrETffs OF THE FtNANCIAL gfATEME NDED KMBXR 2023 Report oftht Tru8t•¥ 1 kn 3 kndepe#d¢ot Rwthi•r'i R¢port Sts*£ThgDt ofFkn4nd•l Wvitho BmI￿¢t Shert NO￿ to thé FIDAtheS4l St•ttTrNts DrtAlkd St•teknent ofFknDcl•l ALthItY8 I to 19 20 to 21

BISH PMAS LUDLOW OR DE IDEC th¢ fi08ncE￿ strnents ofthe chority ts the￿ ¢llded 31 De¢¢Dkn 2023. The trusku have ￿0pted the provi&iow of Accounting 2nd Ryrtit)8 by Clwitse5: Statets￿t of Rec4)Mm￿ Pr&ice applicable ty eknities PTepDTiO8 their 8¢¢04uts wrdsnct with the FiD%id He￿)rting StaBd•rd applicabk ill th¢ UK Republic of hYlgDd (FRS IQ2) (effe￿1¥# l Januory 2019). ObjttliYe9 nd xl The Me￿￿Tand￿n thd ArtKles of ABJOlatio￿ Tegtstaed on 4th J•wwy 2tK>l. 8bow th¢ limi of the Bithop trfu¢4ti Celltrr FoundtioD (BNtCF) u '0 &fvanct tbe eduutiM of tht wblK and the w1￿1p￿S of the Cbureh of Thv BMCF ix thorefort kn ¢du￿tio￿ charity with A brood wbi¢h exis th¢ bE￿￿t of the corttmuwty of LudkW and surroundin8 dixrids. The Cknity the Ludlow C¢lltr¢ fthc L￿￿) is alxo a uJn)P•Dy limited by VSnDts¢. ltt a#tting obje¢tive8 and pknitig xtivltles. Thxtees bav¢ ￿￿tful to the Cb¥ity CLYaTritsion B¢nerai on pthlic b¢n¢fiL The Lkdc 18 i uniqu¢ pl8te itt nWAI South Slwopthire kn Ill ¥¢ Klcom< we provide services for pwle of all to lear￿ create opporh￿1tles for ¢omiwuty I￿ ￿ tlowith. The Uttlc Bims to b¢ Rffordthl¢ gnd to ￿1. Tho policies adoptsd iti order to Jjrthu th08¢ obieLls bEth to tho of th• Celltr¢ pmiding A¢￿]￿￿M)dat1op fi)r ¢burclL ¢4)muDity events of ￿ ed￿110￿•1 n&tsre. It rs p)liq ty ballnct ufie by or8oDiSltion ￿￿th￿in$ the edwtiofj of UDder twenty five tlKJo¢ edti¢atM ￿ adults iti a bro￿ From tim¢ to in ord¢r to maxirnis¢ the incom¢ ts> firthtr tho obje¢ts of the Ch￿1￿, nofftdu¢•tionai eva

BIS OP MASC U)WM CE ON CEprfRE REPO FOR F THK TRU DIre￿or,3 Report 2023 wpts a ycgr Of￿ with 57% o¢cupw •¢rots the pr iti thE Lkny l Krew 1126 gtoups using the C¢ntre. of which 76 new kn the CeDtre. AÉ i rr9ultof the ifjye41t ID knkillgs aPTninted 8 IIOW athniDistrator ID August to do 20 haws i Nwk. tn Mar¢h TrEidc4Bft left th¢ c￿ aftvnwDy years of ￿Ing at the Ce In Nov¢mb¢r we 3 nEW cow8¢11inE rootll Sited in the old libry. su￿1¢ 8nd TrEvor Johw¥L killdty donattd £10,000 towards the lo 2023 747J hobnof ({￿sell￿g ws delivertd It the Centr The CCYH (WENffc) Lilw moved ID to th¢ erryjty F•irlrle thp. As pth of the ¢xntitiUEd of th¢ buildings tsvo new boliers fitted in the maiL building. . Tht HDBF w•s pwd off in September It￿ the c￿8¢ the C¢Jtre fftnx>Brd. Also ID September thr¢¢ new Trustees joktied thc Bogxd W¢ wntiAI tr ¢10s¢ly with 15 DI￿¢ S¢W Bury Bodies Cw Keek UniveY%lty, Willigm Moor¢ ChiroprxGtor, Out¢orf C8r¢ and SUp￿)rt attd Athena Tv¢T Chglrmllli Reptsrt The provi8ioD ofAccomrnothon for K¥k UDiversity ￿lICal toKth with the faciliti¥ PTOVtded foT other education￿ provtders, and the 0pp0rtuuiti￿ avaihblc for art exhibilio￿ LD the Nvlcbor G￿¥y, &e our main tetm ¢otDmithJents, and th¢ T￿rtaI incom¢ from ttses¢ unde4iL%the otkn OPPOr￿n111t3 Fmhded at thc C￿. and oth¢r o¢ctsi¢)nal ev¢nts. The Th￿te¢S are vtry pateful indeed for the 8aberwty of Slndie Tr¢vor John80 eMblinK the rxmver8ion of the Toom PTeviouJly occupicd by the theolo8iC libr￿ to 3 JKW couns¢llinB roow ￿1¢h Rr¢ mwb ia dero•nd and ob￿0¥dY FYovid¢ a needed *Vi￿. Having repaid Its 1040 fmm Hereford Ditite4oTh Bovd of FÉnw the Cemre is fr¢¢ of e¥ital deE( ¢•sb flow is v¢r¢d by the incom¢ from long-t4nn aNi doy Icts. with the availabk"hoteJ' ¥o)mmdgtion providing k•¢nly priced OV¢rni8ht aDd Ion8¢r opporiiuiities for ¢uu41 viiitors ￿ Ludiow u well ￿ 8roups ￿ tske the oppothties off¢red by the Centre for kJt)g¢r e4Jur¥e8. The Cerrtr¢ Teo)vry from the disruptsor¢ by the Covid restri￿]0￿1. and o 'llwket' Je¢mJ to ihilw #othe￿ to new fidds th#t h•v¢ opcned ¥ since the pAndemic. As always, I w8h to pay tribute to ow cheathl knr the Mtlfart of th¢ c¢￿tre ￿ htart 80 the th mik suceeed. Govornlng doeumeots The BiSI￿P M&v(I Centre Pound8tiOll 15 1 CDrnPW limired by guar•￿# 4190 a chvityi wbicb is Boverna by a Memor4ndwE and Art1¢￿ of A&￿Cl8110n. Regi#tred on 4th Jarw 2001 these Show the objects of the Bm￿ 48 '10 adv8nce the educatton of the publi¢ protnote thc pri￿1P1¢S of the auwth of WRnd.' The origi1￿ 0ndowme￿ is now Bovemed by a chtrtr&bl¢ s¢bom2 ttl•bD8 t) thc wopety of whi¢b th¢ Bithop M4scall Centre Fouudatioll is the g)le iTUStet. Tke rul¢s pertaining to th¢ mles of th¢ T￿￿ttts are ill thE Articles of Aa￿￿1￿110￿ Reprn3eutatives tsMllin8ted by the Dio¢xse of lknfrf C(wil •nd Shropthire Cw Councjl. The Rectorof L4NIJow 15 a Tn￿t<¢ eX-offi¢io. Curycndy SIX f(th'indepethV Tr￿ are eie¢ttyl for • four year tvrni. Rwtered Cowpany 04121424 (E4Jalld 2nd Wxles) Py2

PMAS LUDLO FOtrND po E YEAR ENDED 3 DECFMB R 2023 Routered Cbjrtty ttthber 1084326 Rtered office Shropthire SY8 IRZ P A Ewd Solieitr S John90n MAEd J Wheeitt L Gittin8 R Alloway Civil s¢rv4nt (re$l￿d 1.123) Ms S Crawky lappoint¢d 4.10.23) MI M J iA)rd (Hppointed 4.1023) I Swtt B¢U (4PpoAnt￿ 4.1023) LMC C•Dtr¢ Dlrector Tllla Heaiy LMC Trc4Thrnr DKE. & Co, (Audit) Ltmit 7 Low¢r BrnDk Strvt Sbropghir¢ SYII 2HO Blok Yorksbirt 5 Northpte Straot Hereford GLI 2AH This report b•B been pry￿¢d iti with the spaai ofPt l5 of th¢ c￿￿1¢8 Art 2(￿ r¢l8ting tr) s]llo11 compgnies. Appmvod by ordarof tht boud oftru¥¢5 on 19 2024 ABtied OD its bebdf ty. S JahDEon. Trn*e

INDKPENDEFrr 1XAMI￿'s REpoKfTO BISHOP MASCALL ENTrE FOUNDATLON tttdependtnt exwNiDer'$ rwrt ¢0 thÈ trustw •fBithtip Mwjll C•tr¢ Fo￿dItI￿rÉ (%he I report to th¢ ¢tthr&ty trN8t¢es OD my examiwtioD of the of the Comw for the ye4r ￿ded 31 De¢£Dthr2011. R¥pw4bllltiu and buis otryTrrt As th¢ ¢hity• trustw of the Company (and a150 its diycdC￿ f<￿ pwpK)scs oftroY[￿l1Iy law) you are Te5pon9iblc for the preparation ofthe aocounts in ac00rdaT￿r with tkn requÉTanents of the Comp#ni¢s A¢t X4)6 (the 21K16 AGV). H&vitig satithed myelf that the xcouDts of the Compllty arr DJt requiled to be tydittsj Part 16 of the A and ar¢ eli8ibl¢ for Indepertd￿t ￿[ni￿alIly￿ 1 rel￿ in resPECt of my ¢xninth ofyour chwity's accounts #s o￿lea out ua&r S¢rtion 145 of th¢ Charities Act 2011 Ilhe 2011 Ad). In LWryiDg my exwniDth I have fouowrd the Direthiorts given ty the CbArity COMMI￿ under seA1r￿ 14515) Ib) of the 2011 ACL Indeptndent examlBer's Jt•temwt Since your clwity's WSS iDeome exettded £250.IW eXAminer must be • m¢mbtt of a listsd body. I AccoullI￿, which is ots¢ of the li#¢d bodits. exarnillatioD giviD8 me to Idi￿¢. rectyth Mre Mt kerrt respec ofthe Cwtsy # reqiitt41 by SxtiOD 386 of thE 2006 AL&. or th¢ accounts do not accord with tlK>8e recorts. or the A¢counts do not cornply with the f£C￿U￿ting requiremmts of Sectioti 396 of the 2006 Ad ¢)ther thAll requirement thgt th¢ a¢wunts give a trlle and fair Triew which is a rntter e4>rnidered u part of an iodewdent ex&mJn8tion', th¢ wLoullts bvg not b•Ets io the m¢tkth •wl Fll￿1p]e1 of the Sttteotht of RecoTunwded p￿tiCe fDr trKountill8 and rep¢xtittB by tharities {•ppli¢abl¢ to ¢I￿ltieS pr¢p￿ID6 theiT accouDts in ￿¢1)r￿¢t with the FiDwiai P£wJrtia8 Stsnd8rd applioabk io the LfK Ind RyblK of l1%1￿d (FRS 102) I b2ve ￿ Concer￿ and h•ve COTne ￿r003 M oth¢T irt cotitt¢tion with the ¢x8minth kn whith •tt¢ntlort ÉlKJu]d b¢ drnwn ID this repNI in order to eMble i r￿Pe1 of the to be re￿￿ Al¢d R Davies FCCA DJiE. & Co. {Auditl LiTDi*d 7 Lower Brook Stre¢t Oswe5ty Sbropshire SYII 2HO 19 Au8UBt 2024

op 31.122J Totsl 31.1222 COME AND ENDOWMKNfs FROM Dootti(Ins iewies 11636 13,014 ChAritsble •ctlvltles Resiaentiai & Day LdtiD 196246 42J72 31031 9,•S4 16 9071 336 278369 16 271J85 251,968 EXPENDrruRE ON 1936 2J36 4J47 Cb•rlt#blt •ctS¥ltie• Residrntiol & Dly IArin89 kng T¢m Lx#in89 Coterin8 S¢rvl D¢velopm¢Jt of Servie49 171.751 6.497 122 182 171,758 A497 izz 21182 5.660 390 19,458 Othor 9327 Totsi 213,492 213,492 212,848 Tr￿T INCOMf Trsn#f¢n b¢tW•OD fill)d• 16 64,793 39,120 18 (7, N•t mov•llMt In fvnds 57,Tri 16 39,120 KKCONCIUATION OV Totsi tknds brou￿ forwvd IJ75J39 623m• 1.79&8TI 1.759.757 FORWARD 1333.•16 6x0 IW,670 I,798.877

OP MASCALL C IAL ATION 31DE 31.1223 Totxl 31.1222 Totsi fiwLts Tangiblt &8sets 12 13 A 477 J78 1.769 1,717J78 57,769 1,689,005 50.276 L13SA47 1,764147 1.739.281 Debtors C&8h ￿ blnk and iti trÈ#Dd 14 712 143 511 855 9&751 5.869 71,317 1O6J52 654 lo?￿￿6 n.186 CREDrroks Amow)ts falling (klt within 15 19,183) I9,0￿) (12,610) 97¥9 654 64,576 I333￿16 63•WO AO63,670 1,803,857 cRED￿ORs Amourtl fallin8 due thkffi otte yeBr 16 (4,980) NET A&SiTS 1333016 IW.670 1,798,877 Unrr8tri¢ted fuads." GM¢r41 hmd Rev￿￿thi1 Re3¢rve Fund ftW7,131 949,354 225.885 1333*16 1,175239 R¢stri¢Jt¢d fjmds". Restricted Fwnd (Ph￿ l) 654 638 Permanenl Ethdtsvmwjt Fur RevaI￿tiOn Resorve Fund 8204 547J61 75,040 547,960 623.000 1,863,670 1.798.177 Tk charitable ￿mp￿Y is ¢ntitle41 kn exemNithL from •￿It * Stttioti 477 of the Act 2006 for the year ¢ndEd 31 D¢¢ember 20J.

Bl T/ OPM LIIDLOW ATIO 31 DecEmb¥ 2023 in accordw vitth Se¢ttott 476 of tht C£wArrie5 A¢t 2(th. IÉ) enguritig that the ¢lwltsbl¢ •¢couw th•t with Sertiotrs 386 387 of the CompADieJ Ad 2006 alld (b) preparing finan¢1￿ 8tkt¢ments *thicb giv¢ a and fair view of the stBte of 8ffatTr of the Glwitsble LY)LDpsny ot the end of each finan¢ial Ye￿ of its swplua (￿ dEfiot for c￿1 ythr ID aewdanG¢ with the reqth[[￿rtts of Sections 394 and 395 aDd ￿l¢b oth¢nw Lxwly with the r4U1raD￿ of th¢ Cl>mp￿1￿ Act subje¢t to th# 8fJBll compAtiies regime. on its behalf by: S Jr￿￿on. Tn

RiSHOP TIA cKNntZ FOUNDATION TO THE FIN ATKME OR T ED Bithops Mascail CcDtre F0ULthti￿ TIA Lwliow Ce•b% is a ch•rAtsbl4 priv Canpw, limited by oan be fothjd in the Re￿rt ofThe Tnth. Ststernent of ComptknDtÈ The )IDanciAI ststETneDts of the ¢b4ritabk comp•Ay, i$ 4 public thtity uttder FRS have beto pr¢p8r¢d Ètt 4¢¢4)rdtllce with the Charitiu gORP (FRS 102)'A¢¢ountiDg •lld Rep￿ting by Ch8Ti¢ies: StateM￿t of Re¢tsramEnded practi￿ &pplicAbl¢ tD cEffjrities JJrePri￿ their itt lC¢wd￿c¢ with the FinwJcio] Reportin8 Stan¢tsrd gppli¢ablc in the UK and Rewthlic of IrelaDd IFRS 102) {eff•Etive l Jrtuary 2015}'. Fin2nai8J Reportsti8 Stsndard 102 Tr Fittancial RwtiDB Slxndard appli(&le in the UK and R£publi¢ of Ird￿d, and the Colly￿1e5 A¢t 2006. AccoiJNrING POLICILS Buil 0fpr4J•r1￿ th¢ fim•nthl •tsterno•ts Theyhave be¢n pr¢paTed kn X¢LYdnr with the (Jviiies sc￿ (FRS 102) Whd FRS 102. The •c¢owits ue frjr the ¥Adi7d￿ ¢fttity t￿y. These fillknci￿ stst¢ments ar¢ wtJd th £ ¥t¢ri1￿ b) the Dearest £1. ¢hity wiil bE abk kn py its li4bilities u atbd kn they fail d￿. th ￿jd￿ets mediwD temi plan& All in¢omiD8 resourcu are t￿h￿l¢d ots th¢ Statetrtem of Aetiviiies when the ebwity is le8atly etLtitl¢d to the and the 4mount carl be qulmified with rra¥thle accuw. fn)m ¢x)vuMnts and do￿10￿$ RI￿ndI￿r All expenditsr¢ is r¢¢ount¢d for on buis clwified under hefftdiw th& IS￿81e all kwts rei4t¢d to thst ¢ate8(¥y. Rai$in8 funth includeJ all tt<penditiJTe iJ¢urred by the £hority to ratse for its ¢bvitabie purycw attd in¢lvdu ¢osts of all IlJthdrrisin8 ￿1VIll4 tilin8. graijts illowrttes Alloe4lAon gtyl apportiDQmtttt of cwts The bave kIlocated the $uppon ¢e*ts om a Jtsff vthh they de￿ to be (wttnFJEd...

Bl Tl LOWM STA EMBLR 20 ED3 Txttglblt 113ed With the ¢x¢£ptiOD of freebo5d pyoperty. tallgible fixcd ￿till8 more £2￿ #rt wJhtalid stsd sted dispo￿1 v&lut) of ¢sch xs¢t eventy over its ¢xp2¢ted useful life &8 follows: 20% Fiwu znd Fittitigi Freehold property is revakn￿ by the directin * the end of eath financid with th•rBed to its off the diff¥ence valyes, dowrt to its eslirtikn rcAitsthle value. 8xiti6 ￿ loax iti rwl of Yv4zlknEd F'."Pffj, ¥¢ tkeTh to the SternartofFiDftncial A¢tivitie$. T#tstlo The Q>mpwry 1$ A r¢wknd ¢huity andther¢kn i8 JM)t li•bb th luatit￿. Unrtstri¢tsd fundg •x¢ Mii•bk ft u# It the dI￿ttOn of the Tru8tee5 in of th2 obj¢ctiv of the Charity. by th¢ Cbarity f¢r kwtsailjr pw Permrnt elldO￿ •¢%ts ￿ld (bn beh￿ofBIs￿V M￿c4U Ceth N elmkity ouTrber l(K$2117. D¢rnl objectives of Cblrity. re8triatioas. P•MiDtt eokn aDd other porrtlr¢wRt b¢odlts The chority m•kes P¢Daiott wrtrilALllCQ5 frjr ¢mplOy￿S into d¢fiDed ¢￿trIbution J¢bemes. PushoD ¢osts co￿$011d1thOTr Basic fllwici81 iKluding trBde ￿ other d¢kn Ittd dad are init￿l]Y r¢cogDised at th¢ pr¢ntvalue ofthe rK¢ipts dIsW￿ ￿ a rate of illte Bosi¢ fml￿1￿1 liAbiliti* ]￿lud￿8 trade ard other LYedikx4 we initidty rwlli4ty1 qt trA￿￿tion prio. Unless lttvutEneots Pa8e 9

LUD VI MASC cKKr STOTh ANC ED3 ECZMBER 1023 tKJNATIOP4S AND LKGACILS 31J123 31.1222 i•h36 13,014 31.1223 31.1222 60 276 7,493 907• 336 INCOME FROM CEARrrABLE AcllvrnL8 31.1123 31.12.22 &DAy L¢thnBS Tot Bwy Bodies Nur5ay & Fttthpl D OtherE￿ing$ 14735 20J•2 15,73• 37,037 16J58 34,034 817 Day Letti08 Stn8i¢ Health Bord ReiidgotiAI Weddin8 In￿th c￿ porkin8 Woth8 SP¥ 44,426 44,426 57037 99.961 947 31 J71 S1160 .820 586 1400 99,%1 J47 3A032 258S19 238￿18 DI￿¢ Qobts (• no* 7) R¢sidentiai & Dty LAtin8B IA)Dg f¢rni Lettw8s CotDmumity Caterhjg S¢rvÉce$ Devclopmatt of Str￿6 111366 6,497 171,758 6,497 122 22,182 122 4367 17,915 74481 12S6Y8 24OJ59 Pa8e 10 c0nttll￿d...

op W MASC TO ED31 DE BER ID SUPPORT COSt8 Tota]• S129 identiai & 8 T¢nn L£ttiD85 Community Dzvdoprnent of S¢Niv5 IM.977 497 17J15 101366 A497 17,915 13•J57 S129 J35fv75 of •11gcxtlo Support eo8ts. illdud¢d inthe kJlioK' R￿identIal &Day g Term 22,n7 42J26 SJ92 iOh86 159 Equipment cojts A¢JmirÈi8tration Other Profes81onal Fe¥ . Depreoiatioo of ibi¢ •ts¢ts CTedlt C8Td ahqr 1,187 779 18J24 219 SJ29 1•1206 6,497 31.IIZI 31.1122 ttvitiel iviti¢$ 41,JOS Wages 17JlS 42,126 6,74• 11173 159 EqyipmeDt Costs 159 Other PtDfessional Fees Lkprtciation of ibk a&wts Credit e4rd chvF$ 18J24 16A88 328 5016 5J29 17JIS IW75 141076 Pageii

BISHOP MASC CENfRE TO TItK YE FIN 31 DRCKMB 2023 31.1123 31.1222 Depreciation. assets S129 18J24 5,1116 16.488 No r¢muneTatioll diyect or i￿alr¥￿t yid out of the of the thity for the yur try 31 Do¢Mb￿ 2023 Dor for year ènd¢d 31 D¢e¢mber 2022 ts Any Tru￿ tr to ptssan8 kr#)Ivn to b¢ to of In December 2¢)06 the Trusttts eonfirnd th& trn￿l re4Wll4ble exp¢n5es cowld be r¢imburwl to Tnthees and other Cornrnittee manbern ￿ xt in Pararyh 48 of th¢ M¢moralldum Artbdes of th¢ A55OCi•tion. DuriD8 thii yw WIL {2021. in rqpe£t oftravej xubKi*¢rKe qmts reimlyrnd kn a tnjstee of tho io. 2•23 2022 Wa8¥ and s￿￿les so¢1￿ Security Cojts PensbD 106,622 1.632 905 19.065 1227 551) 90.882 No ernployee eorned rnor¢ thwt £60,NXI. The 8v¢rng¢ numbwof pwd Jt4ff tr th¢y¢r 2022 P￿1 fuDe Part ryne Otber Futl Time Parr fllne Provid¢nL knkl the 88sets of the Jepmtdy from the Fowtht A[[￿Ul￿ p¥id to kny dutiD8 yw WTre £37J07 (2022.. Q4.868). Page 12

op LUDLOW IJNDA ON TO STA ECE BEK ii. fLW Don8tiolls 8lld IcgAcies 13.014 Charitsbk adlwlti Residential & Day L£thngs Long Torni Lxttinsg ConwJiiAity 196246 413r2 196246 42,3n 329 336 Totxl 251961 251,968 LVENDTrt5RE ON 4J47 4J47 Ch•rltxbl¢ •￿vIll Residethtial & DAY IxtbD89 173.066 173.066 5,660 Catuin¥ Sorvl Doveloprn¢nt of knic 390 19,458 19.431 9,927 9,927 Totsl 211 211148 NKT INCOM 39.113 (4,(M)O) 39.120 4,000 Not In fu 35.113 4,0(KJ 39.120 BXCONCIUATION OF FUNIK8 Totsi bwu&bt fclliwd 1,140,126 631 619,000 1.759.757 1,173239 638 6LI.000 1,798.877 PRse 13

FO OTES T OR CKMBKR 2 12. TANGIBLE llxED A&8K13 Fr¢¢bold At I Ianuy 2023 Add&tions 454J69 34697 Ij48￿92 36ffj97 At 31 Decemlw 2023 1,494J23 490W IJNs389 DIPRKaATION Ai l Jartu￿ 2023 Chor8¢ for yur 259￿7 259h87 18J24 At 31 D¢cemb¢r2023 2WIL 27UIII NKT BOOK VALUE At 31 Deeullb¢r 2023 1,494J 212JS5 1,707J71 At 31 D¢tember2022 1,494.523 194,412 L.689,005 Cost or volu&ioti at 31 Dectmb 2023 IO Te4¥ettte4 by: L4Dd Ftthr¢s & B4lldiD4t FittsD88 Vduwtion ill 2004 Valuation in 2010 198,798 (IooAw) 898,798 {ioo,000) 695.T25 454,169 1.149.894 1.494J23 454.169 1,948,692 FREEHOLD PROPERTY Freehold Property aiKwe wntths £630,000 ¥ enth)m￿ 1ssets. by the Biskop M￿&11 Cntre FOU0d￿l0ll on behalf of the Bi$1￿P Mwll Tn The Centre compris¢J of buildwgs IMI ckxe to th¢ Ctttr¢ of L4klbw. the ￿lIdIn￿ lknd hvitig A kntai yalue of £l.494,523 These pwxrties Bve lt vdll¢xl by Noe& Deighm Propffj A8en4 Valw Surveyors and Aurtione45 itl 2010. Page 14

op UDLO ON - C•BtIDped FO KND DE 13. Llthd inveBlmcr At l Jqnyary 2023 50376 7,493 At 31 D¢ttmber 2023 57,769 NET BOOK VALUE At 31 tkeemb¢r 2023 S7,769 At 31 Decembtr 2022 50.276 CL*tor vAluotioTh # 31 Decanber 2023 16 by. In 2022 V41uatioll ID 2023 276 7A93 57,7(J9 14. 3l.1223 31.1222 Trth debtrxs Other d¢btors 1.128 143 143 s￿55 5.169 Page 15

SHOP CK AT1014 OTES TO THE Fll C￿L 31 15. 31.1123 31.12.22 Otber 1000$ (see IT) Trade credi¢ors Socsal 3e¢urity alld rAh¢r tax to R&¥tri¢t¢d Fund 4,000 194 472 172 8J45 1,013 172 7.423 9483 12.610 16. CRIDrroRS.. AMouKfs FALIJNG DUK MORE TIIAN ONE YEAR 31.1223 31.12.22 otherloa￿lIe¢ Jmxe 17) 4.980 17. An A￿ly&ll of thg tiiiturity of104¥ ji 8iven bdow. 31.A123 31.12.22 Amounts f•lliD8 due ￿thin one ywon dpaThL. HDBF Io 4.000 HDBF IoAD- 1-2 yevs 4,000 AnKJUllts failing betw¢¢D t5K and five yeus: HDBF 1000- 24 ye 980 At 1.123 itt funds 31.1123 Utsr¥trl¢t•d fijlld 8¢voluatiOD R¢oeThe Fund 949J54 (7,000) 1,007.131 22S885 1,17S239 rf777 (7,IlW) 1333,016 R¢stricted Fund (Plw¢ l) 16 Endowrnat PermaDent Ethwn￿tF￿d 547J6• 547P60 TOTAL KUN 1061670 Page 16

ALUD CE CIAL STA D31 UDreJtriet•d fund• Generat fund (213,492) Rè8tri¢t¢d Fund (Phu¢ l) 16 171385 Pi&492) CoNpRtxtfva (or fllD Ati.1.22 31.1122 Uxr¢Jtrlcted 914yI 225,115 39.113 (4.ocKI) 949J54 225.885 1.140.126 39,113 {4,OtKI) 1,175,239 Restrict¢d Fund i) 631 631 Zttdowillent PerrllAn¢nt EDdovmwA F￿d 71.040 547.960 73,040 y7960 619,NXI 623,000 1,759,757 39,l20 1,798.8TI 251961 (212.848) 39.113 Rertriet¢d R¥tri¢ted (Plwe l) 251 (211848) 39.120 Pw17

ON TIA TEST EFllY DED3 DE KR A C￿￿ y¢Ar 12 motsths and FYiory¢*r 12 ]rthth combined is hllow¥". Net At 31.11 Al 1.122 Unrtstrfeted hJd• Geller￿ fund 914241 225.185 103. {1 I,(#>)) 1.007,131 2￿.18S Rtstrlcttd R¢strict¢d FutKI (P￿¢ l) 1,140.126 103.8 111,DOOJ IW3.016 631 654 P¢rmanent Eodowmellt Fund 71.040 547960 ii.ooo 81040 Y7,960 619.000 I I,ofy) 630,000 1,759,7S7 103,913 1,863,670 follow8.' expeDded Ullr¢•trlcted fwidl Gener￿ fiwd 530230 (426J40) 103A90 RestriLXed IPtsue l) 530.253 (426 J4101 103,913 Fn¢l¢tded iti the unresrricted ftrd i• f7.769 (2122.. £27Oof UDre4lised KAiw from iJYextuKllts. 19. RELATKD PARTY DtSCLOSURL8 The H¢reford Diocesan B•ard of Finance (IIDBF) sonx ¢OmTryJn ThLqt¢es with the Bishop Mas￿11 Ceth Foundation (BMCF). Dwin8 2006 2 k8wI was thawn w aDd si8DoJ by HDBF aod BMCF 48 8 frames¥ork for the cxisting boryowiog. It coitti1￿ & sthduk of a k8aE Dver BMCF propty Ind a tim¢W)le. Thii tomk b• IM fi￿Y repaid thring the arrerty¢ar, gDd the cbwgc remove P4e 18 ¢OntiThwl,..

HO? MASCALL 31DK 2123 IJLTIMATE coKfROtLING PARTY Ther¢ is w one u]lityate corthlkn8 PRrty. P4e l9

BISH NTRE FO DE OF FIN DE 2•Z3 31.1223 31.1122 I•W6 J3.014 CBF & BEDk tM¢rest Other fixed invest. Fll 7,493 276 9070 336 ritbk Athltit Busy Bodi￿ Nwsery & ]n8t¢P8 Dth¢¢ 3?037 16J58 683 44h26 57137 99J61 947 34,034 21817 Other Ingome Day L¢tting Strategic HeBIth Boord Ruid¢JtÉa] Weddin8 I￿rne C4r parkiti8 Workin8 9P8¢1 3l,871 51.860 92,820 586 2,400 2230 258J79 23&618 T4¢al IBeomlni rewjre 251,968 EXPENDTfuRE Rlblng domtlw #ttd J¢E*do 2.164 Othertr•dkni 4¢dv d¢bts ttres¢ payable 356 18 1113 374 2.183 Chorttsble &¢tlvltl Pensions M8rketi4g Cost of supplies S7020 905 4J67 1¥31 358 46,846 59Y) 4.377 15.416 196 74081 67,425 Support coats MAnazemettt W&8CS 41.108 41,108 TJ

ATAO ALL CE DETAI FOR THE AR KNDED 31 DECEMBKR 2023 31.1223 31.1222 Brought forwwd 41,108 41126 740 liJ73 159 2062 18J24 InJur*Dce Equipment co£ Athrtinistr&tion Costs Other Professional FeeJ D#preciation oftsngiblc tssets 6.543 16J09 159 35 16.488 130357 134.9J2 Fknan¢e Crrdtt C4rd thar848 289 328 GOV￿￿90¢¢ eo &IZ9 5.816 213,492 211848 64,793 39.120 P¥21