COMPANY REGISTRATION NUMBER: 04102023 CHARITY REGISTRATION NUMBER: 1087659 York City Church (A company iimlted by guarantee) Annual Report and Hnanclal Statements forthe Year Ended 31 December 2024 lan Walker & Co. Accountants Wellington House Aviator Court Clifton Moor York Y030 4UZ York Citychurch Charitsble Incorporated Organisation Financial Statements Year ended 31 December 2024 Page Tru5tee'$ Annual Report Independent Examinerfs Report Statsment of FinanclalActlvltles 10 Statsm8nt ot Flnancial Position 12 Notes to the Fifi8n¢lal Ststemonts 13 York City Church Charitable Incorporated Organisation Trustee'sAnnual Report Year ended 31 December 2024 Thetrustees who are also directors of thecharityforthe purposes ofthe Companies Act2006, presenttheir report with the fin8ncial statements of thecharityfor the year ended 31 Decembér 2024. Reference and admlnlstrattve details Reglstered charity name York City Church Charfty re￿stratiOn number 1087659 Company registratlon number 04102023 Prlnclpal office and reostered offlce The Cit8dei Gillygate York North Yorkshir8 Y0314UZ The Trustsos Mr D Stevens Mrj Bailey Mrs L Kemp Mr J He81ty (Resigned 15 March 2025) Mr M Ash-McM8hon (Appointed 15 Ma￿h 2025) Senior ManggementlLeadershlp Team MrA E Rose, Church Elder Mr P Roderick, Church Elder Mr P Rayner. Church Elder Mrm Alty. Church Eider Mr R Ainsworth, Church Deacon Mrs N Blxby. Church Deacon Miss H Witcomb. Church Deacon Mrs E Nelson, Church Deacon Independent Examlner S J Morrell FCCA Wellington House Amator Court Clifton Moor York Y030 4UZ Yorkcitychurch Charitable Incorporated Organisation Trustee's Annual Report (continued) Year ended 31 December 2024 Stw¢ture, governance and management N8ture ofgoverningdocument YO￿ Cty Church is a company limited bY￿arantse and not having a share c8pitsI, governed by its Memorandum and Articles of Association dated 3 Novèmber 2000 as amended by special resolution dated 11 January 2009. It is also a charity reOstèred with the Charity Commission. The members ofthe charitsble companyguarantee to contribLrte an amount not exceeding £10 to the assets of the company in th6 eveni of winding up duringtheir period of membership and within one year of their ceasingto be a member. TheTrustèès meet regularly throughoutthe year and gllthe major declsions of the charityare made with them In consultstion with the church Elders. The Trustees are also prowded with a dataiied monthlyfinancial summaryto facilitate the financial man8gement of the charity. The dayto day running of the charity is dèlègated to the church elders, one of whom currently works full time for the charity and one ofwhom currenuyworks fourday8 a week forthe charlty. Recruitmentandappolntmentof twsteas Newtrustees 8re appointed from time to time at the discretion of the existingtrustees, such that the number of trustees is not less than three. Potential newtrustses are recommended by the Elders of the church and are appolnted if consid8r8d suitable following interview byihe exisiing trustees. Induction and trninlngof trustses The induction process for trustees involves supplyingthemwith copies of the Memor8ndum & Artlcles of Association, recènt Accounts, Policie5 and Proc8dur8s documents and Minutes oftrustees. Meetings. New trustees ar8 also provlded ￿th the latest guidance lor trustees as published bythe ¢harities commission to ensure a thorough understanding of thelr responsibilities. Where required. a training sesslon is also Set up with an experiencèd trustee from 8nother charitywth similar elms and obie¢tives. M&jorrfsks andmanagementof those rfsks Trustee Responsibility The trustees hav8 a duty to Identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to providé reasonable 8ssurance against fr8ud and error. Irision. ObJectlv8s and Actfvitigs Objects and aims The charity, principal objects, a$ setout in itsgoverningdocument, are: 1. To adv8nce the Christian f8ith. 2. To proclaim 8ndpromots the Chrisiian faith andworJhip of God. 3. To relievepeople in need, h8rdship ordistress. 4. fo educate and assist young people. through their leisure time activities. so as ro develop their physical. mènt81. social andspiriwal c8P8cities. Yorkcitychurch Charitable Incorporated Organisation Trustee's Annual Report (contlnued) Yearended 31 December2024 Vision, Objectives and Acthritl8s (continued) When pLanningactivities for they6ar. the trustees and seniorleader8 of the church have considered the Charitiès Commission's Euidance on public benefiL In patticuiar, we tryto enabLeordinary people to live out their faith as part of the local community, through worship, prayer and lurtherirgtheirundersranding of the Bibl8. We put on outreach activities and encourage people to serve the iocalcommunity, particularly thosè in need, hardship or distrèss. We also support other charities or activities outside of the local area whose aims are aligned with our own. in particular the advancement of the Chrisrian faith and the reknef of need. hardship ordistress. A¢hlevements and pertomance Objectives. Strate￿8S and activities York City Church thrived as a Ioc81 church in 2024 with ￿￿Èk[Y meetings on a Sunday morning. regular evenlng prayer meetings and 8'Week of Prayer. was held twice duringthe year. Tho CitadoL lour church building tscated on GiLEygate in the heart of the ¢ityl was L9emingwith lrfe and activlty throughout 2024. in line with the charitys vision forthe building. The Citadelwas used to support both the church and thewider communities, and the charitycontinued tofacliitate 8nd develop th8 8Ctivlty throu8houtthe year. Alongside numerous one-off events, The Citsdel contlnued to host the Yahala Mataam pop-up rèstsur8nt run by Syrian refugees.. ESOL (English forSpe8kers ol Other Languages) lessons; thewelcome Café: merxal health 8nd well-belng evenings along with pop-up sessions hostsd byThe WeLL; and Flourtsh. 8 women's event held three tlmes In 2024. The other maln areas of progress and achi8vem8nt in terms ofthe charitys objectives that continued throughoutthe yearwere as follows: 1. To 8dvance the Christian f8ith Continued support for Christ Central Churches. incLudlngrinanci81 support and the sharingof teaching skills and resources aeross this network. • A'we8k of prayerf was held twice in 2024 lin January 8nd September} with prayer meetings held at The Citadel 8v8ry evenIngthrou￿0ut both weeks. • Afree symposium on Rom8ns 9-11 was hosted atThe Cltsdeland was delivered by Professor John Barclay from the University of Durham. 2. fo pmclaim gndpromote the Christian laith and worship of God Partlcipated in Christ Central YorkshireTogether day in Leeds with other churches. Heid a Leaders, Eveningto encourage, support and prayforthose who lead people in the church. • Held four'lntro. evenings as an opportunty tor non-ChTistiansto learn more about the church and the Christian faith. In 2024 there wa8 an ongoing increase in international peopiejoiningthe church. . Monthlyworship and prayerevenings were held atthe CitadeL . Communitygroups contlnued to meet in homes around Yorkand gather monthlyat the Citsdelto pr8y. York City Church Charitable Incorporated Organlsatlon Trustee's Annual Report (continued) Year ended 31 December 2024 Achievements and perfomance (continued) • Holyweekwas marked wtth a series ofvideo reflections comprising a readingfrom John's gospeL a prayerand a reliection from a member of the church. A prayermeetingwas held on Good Friday and a celebratlon event took place on Eastersunday. Hosted a Christmas'extravag8nz8' event as an opporbjnityto invite non-ChrÉstians to th8 Citadel. • The CiTrdel hosted the'Hope for the City prayer events organised by Oné Voice York. where multiple churche5 gaihered to pray toryork and for God's kingdom to come. 3. To relieve people in need, hardship ordistress • The Yahala Mataam social enterprise pop-up restaurant run tysyrian refugees. hosted by York City Church on several occasions. It use5 office space and the kitchen at The CitadeL and hosts 8vents at the church including pop-up restaurant nights along with cat8ring for a number of conferences and èvènts including a ladies evening 8nd a symposium. • To mark Refugee We8k117-23 Jun8 20241 York Ctty Church hosted a variety of event& ESOL IEnEilsh lor Speakers of Other Languages) continued to be taught at The Citadel byyork Learning. Th8 ESOL Tots provision also continued offeringan Inform81 friendship group. Links with others who support refugee5. a￿urn seekef and migrants through 8 city-wide coordination group led by York City Council continues to go from strength to strength. b The'welcome Café, contlnues to regularly host upto 60 rèfug88s who are in Yrt. these are refvgees from Afghanlstan, Eritrea, Syris, Sudan and Ukrain8. It enables friendships. supports integration and facilitstes a holistic partnership approach to supportlng refvgees. Thewelcome C8fé pitivides lunch and offers of support from eight diff8rent agencies. Many found work. accommodation and frlendship atthe Welcom8 Café. It Was led by York Clty Church with volunteers from Seven churches in York. Extemal lundingwas receNed from The Lovè Ukr8lne fund, Thè Church Urban Fund and CYC Housing. Continued support for community benefit organlsations, Including Reflect IPr8gnancy Counseliing Servicè in York gnd North Yorkshire). . Continued to be part of the Welcome Churches Nètwork: the charity connected with the oryanisation about several 18sue8 including the riots outside asylum seeker hotets across the country. • The Well. which was launched In January 2024 and is aimed atthose outslde of the church communty. hosted 58ri8s of evening events focused on mental health and w811-bein& These free events tackled issues such as relationships, depression and stress. L8ter in the year monthly pop-up daytime sessionswere Launched. • The Cltadel hosted a play by Ridlng Lights Theatre and the charity TLG (Transfoming Llves for Good) calL8d'Cups on a Strin¢. . An Internatlon81 Feast Daywas held to bringtogetherthe differentgroups and nations which use The Citsdel during the year including ESOL learners. The Well participants. Welcome Cafrvisttors. refugees and users of The Citadel. . The'make Lunch, initiative. in parrnership with TLG. was seeded late 2024with the launch planned for Easter 2025. 'Make Lunch, Is a lunchtime club that provides free lunches and fun actNittes forfamiLies struggb-ngto Provide fortheir chlldren outof temi time. 4. To educats 8nd 8SSlSt young p80ple. thmugh their leisure time activities, so as to develop their physicel, mentsl. soci81 andspiritual cap8C￿eS • Continuation of the youth group for 11-18year olds. Continuation of regular Children's work activities avaitabie duringthe maln Sunday meetings. The children's work groups provide age-appropriatè support and teachin& York City Church Charitable Incorporated Organisation Trustee's Annual Report (continued) Year ended 31 December 2024 Achievements and perfomance (Continued) • The students and youngadults continued to meet sociaity and in September, it was replaced by a student group as 25 new students arrived atlhe church. • Student lunches continued to be provided by members of the church after a Sunday meeting in addition to'bring and share, lunches atthe Citsdel. • Baby blessings and baptisms took place three timesthrouEhoutthe year. • For the fir5ttime young people from York City Church attended the Newday Chrislian festival In Norfolkforfivè days of fun, worship. teaching and campin& Public bènefft The trustees are grateful for the support from ali the volunteers and are deighted with the overall outcom8 of the above In terms of meeting the ch8riVs ststed objectives. The church continued to seNe the public and ioc81 communities as well as providing supportto people from differant countries and cultureswho are in need. A number of unpald volunteers hav8 given signilicant 8mounts of lime. effon and money to ensur8 th8 smooth running of the events and activities mentioned, 811 of which have provided slgnrf￿snt publlc benelit in accordance with the ¢harittes aims and objectives. The trustees confirm that they hgve complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefitguidance published by the Charity Commission for Engtsnd and Wales. The Cltsdel The charity purchased The Citadel in 2015which makes 2024 our ninth fully88ras owners of the bullding. As demonstrated above. the building continued to be used regularly bythe church and organisatlons wthin the wlder community, 8s welt 8s through the hiringof the buildin¢ In 2024 the charity received a rental income of £104.367, which is a signific8nt incrèase on the previous yearfs Income. Rooms in Th8 Citad81 ar8 hired by a wide variety of organisations and for 8 range of events. The charity has three maln hir8rs on an annual rolling contract basis and thesè 8re York Learning (part of the Cty of York Council). York Stjohn University,. and York Philharmonlc M8ie Voice Choir. Other regular events include ESOL le55ons. One-off events and hirers includ8 the Priory MedicalGroup. York Opera and the Refugee Council Conference. As per previous years, the charity continues to Invest in The Cttadelthrough a robusi maintenance programme and has dedicated buiLdings team. In 2024just some of the worl( underraken on the building included new flooring, 8dding a rooflight. boiler r8pLacem8nt, an ener￿ assessment, a structur81 survey. a feasibilitystudyand RIBAwork. Examples of howthe Citadelwas used in 2024 include: • Sunday morning Church seNces. Regular proyer meetings. • Hosting ESOL lessons. Hostlng the all nations Welcome Caf8. HostingThe Well which prowdes mental health and well-beingevents and support. Hiring ofthe buildingto local I communitygroup& Yorkcity Church Charitable Incorporated Organlsatlon Trustee's Annual Report (continued) Year ended 31 December 2024 Flnancial Review Pollcyon reserves During2024, the stated intention ofthe trustè8s was zo maintsin unrestricted cash reseryes which 8re the free reseNes of the charity of at least the greater of £UOOO or on8 month's average gross running costs and two months mortgage payments (includinga £5.000 reserve to help cover anyfuture emergency building repairs). The reserves were maintalned significantly above this levelthrouEhout the year in question. At the end of the year. there wer8 unrestrictsd cash resetves of £64.672 (£650,135 of unrestricted reseNes ￿cLuding the eouity ownership in the Citadel)- As the plans forthe ongoing use olthe building mature, therewill be additionalbuilding related projects which wlll require capital investment over and above the routine runnlngcosw and it is thè intention of the trustees thatthis surplus will contribute towards such projects. ststement of trustees, r6sponslblUtles The trustees (who are also tha dire¢tors of York Clty Church for the purposes of company law} are responsible for preparing the trustees. report and the financial ststements in accordanc8 Wlth applicable law and United Kingdom Aocounting standard8 {Unit8d Kingd￿* Generally Accepted Accounting Practice). including FRS 102 "The Financial Reportingstendard applicable in tha UK and Republic of Ireland" Company law requires the trustees to preparè fin8ncial ststements for each fln8ncialyear. Under company lawthe tfustees must not approve the financial statèmenis unless they are satisfied that theygive a true and fair wew of the st8te of attairs of the charitable company and ol the incoming resources and 8pplication of resources, including its incomè 8nd expenditure. of the charitable company for that perlod. In preparing the88 flnancial st8tements. th8 trustees are required to: select 8uitsble accounting policies and apply them consistentty: ob$eNe the methods and principles in the Charities SORP", makeJudgements and estimates that are reasonable 8nd prudenL' stste whettter appkncab18 accounilng stsndards, comprising FRS 102 have been loLLowed. sublect to any material d8partures disclosed 8nd explained in thè financi81 statements; and prep8re the financial statèments on the going concem basis unless it is Inapproprlateto presum8 that the charitgble companywill continue in business. The trustees 8re responsible for keeping proper accounting ￿e0rdS thatcan disclose with re880nable accuracy at any time the financial position of the charitable companyand enablethem to ensure that the financi81 ststèments comply with the Companles Act 2006. They are also responsible for safeguarding th8 assets of the charit8ble company and hence for tsking reasonable step5 for the prev8nrion and detection of fraud and other irregularities. The trustees are responsible for the malnienan¢e and integrity Ot the corporats and financial information included on the charitable coMpan￿S website. Lègislation governing the preparation and dissemlnation of financial statements may differ from legislation in otherjurisdictions. Dlsclosure of infomlation to auditor Each tiustee h85 taken stepsthatthey ought to have tsken as a trust88 in orderto make thèmselves aware of any relevant audit information and to establish that the charit￿$ auditor is aware of that inlomiation. The trustse5 ¢onfirm thatthere is no relevani infomation thatthey know of and of which they knowthe auditor is unaware. The annual reportwas approvèd bythe trusTres ofthe charity on26 September 2025 and signed on its behalf by. Mr D StevensTrustse York City Church Charitable Incorporated Organisation Independent Examiner's Reportto the Trustees of The Green Howards Trust Yearended 31 December2024 I reportto the Trustees on myexamination of the financiaLstatwnents of Yolk City Church lthe charity,) for the year ènded 310ecember 2024. Responsibilities and basis of the report As thè Trustees of the charity. you are responsible forthe preparation of the financial statements in accordance wlth the requirements of Ihe Charities Act 2011 Ithe 2011 kt). I report In respect of my examination of the cha￿S financial statements carried out undersection 145 of the 2011 Act. In ¢8rrying out my examination I havefollowed au the applicable Directions tyen bythe Charty Commisslon under Section 145(5llb) ot the 2011 ACL Independent Examlner's Ststsm8nt Your attention is drawri to the fa¢tthatth8charity has pr8P8red linancial ststements in a¢¢ordance with Accounting and Reporting by Charities pr8p8ringthelr accounts in eccordance with the Fin8nci81 Reporting Stsndard applicabl8 in the UK and R8pubiic of IreL8nd IFRS 1021 in preference to the Accounting and Reportingstand8rd by Charit188." Statement of Recommended Practice issued on 1 Apul 2005 whlch is referTed to in the extant regulations but has now been withdrawn. l understsnd thatthis has been done in ordèrfor flnancial statements to provide a true and fairview In 8c¢ordanc8 with Generally Accepted A¢¢ountln8 Pra¢tice effectwe for reporting periods beginning on or after 1 January 2015. I havè completed my examination. I confirm that no matters have Come to myattenllon in connection with the examination 8iMng me cause to beueve that in any material respect: 1. accounting recofds were not kept in respect of the Charity as r8quir8d by section 130 of the 2011 Act: or 2. the fln8ncial statements do not accord with thos8 records; or 3. the financial staternents do not comply wlth the applicable requirements concemlng the form 8nd content af acoounts set out in th8 Charitles {Accounts and Reports) Regulations 2008 other than any requirementthatthe accounis give a true and fairview which is not 8 mstter considered as part of an independent examination. I have no conc8rns and have come across no other matters in connection with the examination to which attention should be drawn in This report in order to enable a proper understsnding of the financial ststements to be reached. SJ Morreil FCCA Independent Examiner Wellington House Avlator Court York Clifton Moor Y030 4UZ York Citychurch Charitable Incorporated Or£anisation ststement of Flnanclal Actlvlties (Including income and expenditure account) Year ended 31 December 2024 2024 Restricted funds UnfeStrKted funds Total funds Income and endowments Donations and legacies Other income 171,846 112,499 284,345 171.846 126,494 13.995 Total income 13.995 298.340 Expenditure Charitable 8Ctiwtles Total expendlture 291.227 291.227 17.902 17.902 309.129 309,129 Not In¢omellexpendltur8) {6.882 13.9071 110.7891 Net movement in lunds Transfer of funds {6.8821 3.889 (3.9071 13.889) 110.7891 Reconclllatlon of Funds Totsl funds brought forward Tot$lfunds carr16d fotward 653.128 650.135 17,202 9.406 670,330 659.541 16 The notss on page 13 form partofthese financial statements. -io- York City Chur¢h Charitable Incorporated Organisation ststement of FinancialActivities {including income and expenditure account) Year ended 31 December 2024 2023 Restricted funds Unrestricted tunds Total funds Income and endowments Donation5 and legacies Other income 250.580 49.590 21.153 39.254 60.407 271,733 88,844 Total income 300.170 360,577 Expendlture Charitable activities Total expenditure 345.881 345.881 50.032 50.032 395.913 395.913 Net Incomel{expenditure) 145.711) 10.375 135,3361 Net movem6nt In lunds 145,711) 10.375 135,3361 Reconclilatlon ot Funds Totsl lunds brought forward Total funds ¢arried forward 698,839 653.128 6,827 17,202 705,666 670.330 The state of financi81 activities includes aiigains and ios$es recognised in theye8r. All income and expenditure derive Irom ¢ominulng activities. The notes on page 13 fomi part of thèse financial statements. -li- York City Church Charitable Incorporated Organisation Statement ol Financial Position Yearended 31 December2024 2024 2023 Note Flxed assets Tangible fixed assets 11 1,069,460 1.069,460 1.075.762 1.075.762 Current assets Debtors 12 12,261 53.075 2,470 79.945 82,415 Cash at bank and in hand 13 65.335 Credltors: amounts falling due within one year Net current assets Totsl assets less current it8biliti8s 14 19,040 46.296 1.115.756 17.367 65.048 1,140,810 Creditors: amounts f8lilng due after one year Net assets 15 456,215 659.541 470,480 670.330 Funds of the charity Restricted fvnds Unrestrlcted funds Total chority funds 9,406 650,135 659.541 17.202 653,128 670,330 16 Forthe linancialyear ending 31 D8c8mber 2024 the chaiitywas entitled to exemption from audlt under section 477 of the Companies Act 2006 r8L8tlngto smallcompanies. Directors, re8ponsibiLities: The members h8ve not required the charity to obtain an audit of Its accounts tor the year In questlon in accordance wth section 476; and The directors scknowledge their resrM)nsibilities for complwngwith the requirements of theAct with respectto a¢countlng records and the preparation of accounts. These financial ststements were approved bythe board of Trustses and a￿horIsed for issue on 261h September 2025. and are signed on behalf ofthe board by: Mr D Stevens Trustee The notes on page 13 tom part ofthèse financial statements. -12- York City Church Charitable Incorporated Organlsation Notes to the Financial Statements Year ended 31 December 2024 1. General infomiation The charity is limited byguarantee, incorF)orated in England and Wales. and consequently does not have share capital. Each of the trustees is b'able to contribute an amount not èxceeding £10 towards the assets of the charity in the event of liquidation. 2. Statement ot Compliance The accounts have been prepared in accordance with the Charitys constitution. the Charities Act 2011 and"Accounting and Reporting by Ch8ri1ies'. St8tementof Recommended Practicg applicable to Charities prèparingtheir accounts in accordance wth the Financial Reporting standard applicable in the UK and Republic of IrelBnd IFRS1021 las amended for accountlng perlods commencing from 1 January 2016). The Charity is 8 Publi¢ Benefft Entity as delined by FRS102. 3. A¢¢outrtlng Pollcles Basls ot Preparatlon York Clty Church meets the delinition of a public benefft entity under FRS 102. Assets and liabiir(ies are Initially recognised at historical cost ortransactlon value unless otherwise ststed in the relev8nt accounting policy n¢X85. The financ181statements are prepared in stsrlin& which is the functlonalcurrency of th8 entity. Golng concern The trustees consider that th8rè are no materi81 uncertainiies ebout the ¢h8riVs 8bilityto continue as 8 golng ¢oncem nor any signiflcant areas of uncertainty that affectthe ¢anyingv8lu8 ot assets held bythe charity. Forthis reason. the fin8nci8L ststements have been prepared on 8 going¢on¢ern basis. The trustees assess wheiherthe use ot going concem18 approylate i.e. whetherthére ar8 any material uncèrtainties relating to events or conditions that may c85t signrficant doubt on the abillty of the Charity to continue as a going concem. The trustee5 rnake this assessment in respect of a perlod of one year from the dste of approval of the financlal statèm8nts. Dlsclosur6 exomplions The Charity has tsken advantage of the provtsion Ni the SORP for charities applying FRS 102 update bulletin 1 not to prepare a statement ol cash flows. Judgements and key sources of estlmatlon uncertalnty The preparation otthe financial ststements requires managementto m8ké judgements. estimatss and assumptions that affect the amounts reported. These estimates and judgements are continually remewed and are based on expertence and other factors, includingexpect8tion8 of tuture events thatare believed to be reasonable underthe circumstances. 13- Yorkcity Church Charltable Incorporated Organisation Notes to the Financial Statements (continued) Year end8d 31 December 2024 3. Accounting Policies {Continued} Fund a¢¢ounting Funds are split underthe followingpolicies: Unrestricted funds are available for use atthe discretion of thè trustees to further any of the charity's purposes. - Designated funds are unrestricted funds that have been set aside for specific purposes at the discretion of the trustees. - Restricted funds are subjected to restrictions on their expenditure declared by the donor orthrough the tsrms of an appeal. Incoming resources Ali incoming resources are included in the ststement of fin8nci81 activities %then entitldnent has passed to the charity,, it is probable thatthè èconomic b8n8fits associated with the transaction will flow to the charity and the amount can be reli8bly measured. The following specific policies are applied to particuL81 categories of income: - income from donations or grants Is recognised when there is evidence of eniittementto th8 gift, receipt is probable and its amount can be measured reliably. leg8ey income is recognised when receipt is probable 8nd entitlement is estsblished. income from donated goods is measured at the fairvalue of the goods unless this is impractical to mea8ure reliably, in whlch case the value is derived from the cost to the donor orthe èstimatsd resale value. Donated facilities and servic85 ar8 recognlsed in the a¢counts wh8n rècelved If the value can be reli8bly measured. No amounts are included for the contribution of general volunteer8. Incoming resources from tsx reclaims are included In the Ststement ot Fin8n¢lal Acdvltles at the same time as thè giftto which they reLat&. Resources expended All expenditure is recognised once there is 8 legal or constructive obligation to that expenditure, itls probab18 settlement Is required and the amount Can be measured reknably. All costs are allocated to thè applicable expenditure headingthat aggregate similar costs to that category. Where costs cannoy be directly attributed to Particular he8dings they have been allocated on a basis consistent with the use of resources. wth central staff costs allovated on the bas18 oftime spent. and the depreciation charges allocated on the portion of thè ass8ts use. Other support Costs are allocated based on the spread of stsff cost& - Charitable expen