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← St Mary's Parish Trust

2024-12-31-accounts

COMPANY REGISTRATION NUMBF.R: 52i*446 CHARI'fY REGISTRATION NUMBIR: 1112724 ST MARY'S PARISH TRUST CompLin)' LiinitL'(I b), Guiii'antcL' IJNAIJI)ITED FINANCIAL STATF.Mf.NTS -11 i)r4 CEMiif.112024 F.. .1 Ai'c l-i & C'o. 1.1 In ited AssoLlcili()11 ot- ALLI)Llllti lig .1 LcIIiiici1c Ils 178 1"ii')' ti)I'cl R()iiol ill'l'C)ii', M icld lese Loiiclc)11 HA2 OSN

ST MARY'S PARISH TRUST COMPANY LIMITED BY GIJARANTEE FINANCIAL STATEMENTS YEAR ENI)fD.31 DECEMBF.112024 rii4le¢%' Ic Illlll<111'epoil (illLC)I'pofL1liiigy Ili¢ clii'ectors, report) 1104 iideiiLiiileiit eN1( 111 iiiei s I'eporl ti) tli¢ ti'iistees St1( tei))Liit of- f i111L IIL11L I ciLliiijli¢% (iiicliidiiibF IIILOIIIL c11)11 ¢.xpeii(litiii'e a¢¢()Iiiil) $1(1tei)ILiit ol" fiiii11ILlI11 p()%ilii)11 NotLs Ic) Il)e tlllclllLlcil stclteiiieiits 8t016

ST MARY'S PARISH TRUST COMPANY LIMITID BY GUARAINTIE TRUSTEIS, ANNUAL RIPORT (INCORPORATING THf, i)IRf.CTORS' REPORT) YEAR ENDED 31 1)r.CEMBER 2024 'lie IrL151ee%, IN'IIO ¢ll-e 1( Iso tlie dii'cLtoi's for tlic PLII'PO.q¢S ()t Colll l)2( 11), l<lNN', pi'eseiit tl)eii' repoi-t aiid tlie Iin<qiid ited tlll<2iicial st<ltciiiciits of tlie Lliciril), for tlie yeai. elided 31 t)ecenibei' 2024. REFERF,NCE AND ADMINISTRATIVE DETAILS Re2istei'e(I cliiii'iti, n&ll))e St Mcll'j s l)5t()ii [￿1){)]] "I'liciiiies K-l'l I l)J Solicil()i's RLi%%el l-Q'()i)k-e l.l.l) SM1156AB

ST MARY'S PARISH TRUST COMI)ANY LIMITI4 1) BY GUARANTf.E TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR.S' REPORT) YEI AR CNI)E4 1).11 DFCEMBER 2024 TRU.STEF.S' RESI)ONSIBILTY .STATEMENT Tlie Tr115tee% (ii.'ho L1fc [1150 tlic dii-ectoi-s c)f St. Mcll) % PÉiris11 'l"riisl t"oi' tlie i)111-p()ses cit COlllP<l11}'111 IN.) ,ii'e I'e51)c)1isil)l¢ tor pi-ei)<)I'ii)g' il)c -fi'iislLCS' Aiiiiii<i I IIL'I)01-I c)ii(I Ili¢ I It)￿1])￿1{11 sld()iii ALL()Iiiil iiigy %i¢ll)Ll<)r(1s ( Lliiited Kiiigi(l()ii) Gciici'1<1 ])' Accei)ted ALLOllI)lii)gi Pi'(ILtice} iiil liidii)¥ l-. RS 102 'Tlie Fiii<lllLi<l1 Rei)01-tiiigs Stc111cli2ril <lppIiL<ilil¢ li) Il)e U K c?iid RepLII)l IL of Ii-elLl1)(I" Coiii Pll 1)y IclI1.' i-e(111 li'c4 tli¢ "fi'ii%leLs l(} i)rLI)are tIllLlll¢i<il 5tc?ILiiiei)ts t.or e1( Lli Select %ii il¢iblu <lLLI)Iiiiliiib i)oliiies <l11(I tliLIi cll)i)Ii' Ilieiii Lc)nsislLiitlJ': Olisei'vL IIIL iii¢il)()cl% L111d pi'lllLiplcs ii) IIIL, Cli<?I'ilies %()RP; M<lLL.j LiclbFLiiILiiI% c}iicI L'%liiii')IL% 11111 11L I'C I'eilS0111( IIIL $1411L' ii'liL'IIIL'I' c11)1)I iCcililL 11 K A¢LI)111)liiig Si;IiiilK11'11.%1)<lk'L I)LL l) l()1 liiii'L'(l iiiicl 'IIL 'I'i'LlStC'LS cll'L' rL.4p()ii%iL)IL loi. kLL'I)illgV {l(ILL]11(IIL c]LL()iiiiliiigy I'LLC)t'd5 11i(1t di%¥l()sc illi I'LclS0111L IIIL dLILLlicii) c)I' I i-; STRUCTuiir,, c;c)vr.IlNANCI ANI) MANA(:r.Mf,NT Tlie %t. Mic ly, s l)<11-islI Ti'iisl (Ilie ' "I'rii.st"} Ivils csllc l)1 islicd iiiid¢i' IIIL MLiiic)rc111diiiii ot Ass(ICi1c lioi) i)ii ils IIiLoi'poi'c?lic)ii c)11 I I OLlo)L)Li- 2004, ¢iiiiei)(led i)ii () .Iill)Llc11-J' 201 O ivli ILI) set c)Iit tl)e ()bjL'Lls ol. Ilic "friist aiid is gy{)veriied by its ArtiLIL8 ()1" AssoLiiilioii. Tlie TrLlSt is gFoveriiecl l)y Ilie B01( rd ol. Ti'iislLes, NvliiLII Ineets oli a regFiilcir bc1SiS, typiual ly tliree or fi)iir tiines LIILII ycilr. Iii additioi), 1S)¢re is fi'eqlieiil iiiforiiial ii)lei'clLIi()11 c11noiigisl tliL Ti'Li%lee.s ¥vlio <1fc 1c11 rcg?Iil' 5 C.'liiirLII, ,I1i11 C'l)111-Ili W4qrclei)%. 01S.IICTIVESi AND ACTIVITir.¢ TIIL l-i-Iist"% ()bjeLI% c11'e Ici pi-cii. i(IL. ()]' <1s%i%l iii IIIL, i)I'o)k'isioii ol.. l¢?¢1 l ilics iii Ili¢ iiilei'es15 ()1. 5L)Lli?l ii'i111( I'e. iii PiitiiLI': tlie l.e<15el)c)l(I l)I'c)l)Ll-t)' I'elei'i'ecl i() iii Niites .3 ¢iiicI l J ()I"Ili¢sc Iiii¢lllL 1<1] %l<ilt IIIL1115. TIIL BI'LII Li. ',?iiiIL of. oi'gJ<llll51L Iioi)s, 11-liiLlI pi'oi'icle SOLi<l1, i-LLI'e¢)Iic)i)Lil <ll)cl leis111'L c Llii., iliis ¢0 tli¢ l()Lcil LC)1111))Iiiiit!'. Bi. %LlI)i)li'iiig to tIics¢ ()I'LJillll%<ilioiis* Ic t cq i-e¢lS(11)iible iliL. li itliiii li liiLlI tc) OPLI-2c te. Ilie -l-rii%lees c11'e li oi'kiii&F t[} pi'oi.'idL <? piil)liL beiiel il lo tlic101¢11 c()Iiiiii iiiiili..

ST MARY'S PARISH TRUST COMPANY LIMITf.D BY GUARANTf4.F, TRUSTIEI S, ANNIIAL REPORT (INCORPORATING THE DIRECTORS, RF.VORT) Y[4 AR ENI)r,i) 31 Dicf.MBER 2024 ACHif.VF.MENTS AND PF.RF()RMANCE Tl)e Triisl LOI)tIllllLd to biiilcl bciLk its col'e sei-vice ot" pi-ov idiiigJ f¢iLililiLs to tlie Ioc<l1 coiii IiiLlllitJ'. Wl)ilsl tl)e (IcLIii)¢llli)' ol. Il)e rL)i)111S Il'c?s eiiLC)III'1L bljllb. it 11 <lS cILI( I. tli<?I tli¥ urg7<1111SL11ioi)S Illc?k' iiiby iise c)t" Ilie Breii.'Li'1311ildiiigy iN.'ei'e LOllStI <11 lied i)) lioii, iii iicli tli¢)i ivei-¢ ?( l)1¢ l() l)il)'. NevL'I'tlieless, tlie Ti-list, <iloiigTside St. M<ir)' .% L liiirLIi <igFL1iii Pi'ov ideil L1 S1[ fL' K111(1 Ii'c?I'iii plc1Le t.or tlie Gl' Si)¢oLe iiid IVliils1111 sLI)L)ol lic)l id1[ J's. 'I'IILI'L' c?I'C i)1I11)s Ic) Ill<ikL' tII is ¥1 11.'¢¢kly prL)iijSj{)11 cil soiiiL' i)oii)I s(i()ii. FINANCIAL REVIEW Wli il%t IiiL()iii¢ %lii)ii'Lcl ()i)l)' I-'II I'I'DA li) ?0?3 c)I'.L l 0,81111 tll <1 PC)%il il'l {)iic jii ?1194 {)1" £?,9)8. NLk'L'I'IIILIL's5. it ii'i11 lie Iq Cl)i)%icIci'cil)I tiiiiL' IIL l()I'e tlIL 'I'I-LisI 1% <ibl¢ t() Loi)siLILI' aii}' Ci I'iiiils. Tlic Net As%Lt% ci I. Ili¢ '] I'iist Ic I l ic) £1 ,041),027 fri)111 £1,073,145 Il'iili <1 dLpi'LLlcili(Iii Llicll'gJL jii tIIL )'¢cll' ()I'.t3 (),07() (20?I L34,()85). IIISK MANAC:IMINT iir.¢ir.iivr.s i)()LlCY -IIL Trii%tLCS '11'L' ¢lll"Il'L' ()I' Il)L' IlLLd l()I' seiiL'I'(11)'L,I1'b ()I' ii(i%ilii'¢ C'.¢i%l)11()ii' IILI()I'e tlIL I"rLisI L(IiisidLr ciliy Qil" v()Iild iiot pl' pi'ii)Lii)Ics l)e iiiet iii ()rder l() s1i1)ii' Ilicil Ill) ()I'gF(qll j5(Ili()Il'S clilll S l( rL loi- Ili¢ i)iil)l ic l)eiiLfil: piii'i)oses. I)LANS FOR Tr LII'IIIIE pr.RIC)D.

ST MARY'S PARISH TRUST COMI)ANY LIMITED BY GUARANTII TRIJSTEES, ANNUAL REPORT (INCORPOIIATING THE DIRfi CTOll£i' IIF.I)OIIT) Yri AR ENDED 31 DECEMBER2024 SMALL C()MPANY PROVISIONS Tli is i-ep(11-t l)<lS l)eeii pi'ep<l1'ed iii acLord<211Le ii'iili Ilie i)r()I'i.411)1lS cll)pI iLiible Ic) LOII)Pciiiies ei)liiled io Il)e Slllcll I Loiiii)<l11iLS' exLiiii)lioii. INI)EI)F:NDINT IXAMINEII E J Avi1ri & Co. Liiii ite(I l)<iKie expreq%ed tlieii. ii'i11 i iigJi)e4% t() Loiitiiiiie in ol'tice (15 tli¢ I Iidepeiidei)t Tl)e I"i-Ii%tees aiiiiLI?c I repc)I'l IVL1S clPI)I'(iiied oli I I ALibiiisI 2025 c?Iid siiiiie(l 01) liel)111 I. L)f il)e t101( I'll ol. Ti'iislees bi.: Aii(Ii'L I I'Li4ILL'

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARAINTEE INDEPENDENT EXAMINfi Il's Rf.PORT TO THE TRIISTf,Is OF ST. MARY'S PARISH TIIIIST YEAR r.NDf.D 11 DICIMBER2024 I repoi't IL) tlic Ii'iistees oli iii}' e,KÉ1111ill<iliL)ii of tl)¢ fiiii4llLicil st<1teiiieiitS ()I' St Mcll) % P<ll'iS11 -fi-Ii%t ('tlie clicql-i(y') foi. tlie )'eai' eiicled 31 DeLeiiil)er 2024. RF.SPONSIIIILITIF.S AND BASIS OF REPORT TIIL, II'iislLLS I11'e ¥llsci tlie dirLLtors L)t' IliL LL)1111)L11)N' li)I' Ili¢ piii-ii()%e% () I. 101)11)¢lll)' Ic111' 1( re re.%i)()Iisil)le fc)i- )iec11' Ll11(ILI' SL'Llic)i) 144(2) lit. IliL C'IILlI'iI ies ALI 2011 (i1)¢ 201 I ALt) . %LLlioii 3 8() 1)I" IIIL 200() ALI; ()I' 1LL()LiiIIiiiLI I'L'qiI ifLIIIL'llts ()I' SL'LI ioii 19() 1)I' Rci)01-lii)gF Sli?ii(Icl1'd ic l)pI iL<11)IL iii Ilic Ll K l( lid Ilcpiibl IL of I I'elLllI(I (I.'IIS 102). lic1ve n() Lc)iiceriis iiiid li<ive Loiiie c1Lr()ss iio ()Ilier 111<1 Ilei's ii) LoiiiieLlioi) Ivitli Il)¢ exaii) iT)cltioi) to Nvliicli att¢iitic)11 slioiild be di'awii ii) tli is I'¢pi)i-l ii) c)i-der to ¢iialilc <1 Pl-01)ei' Iiiidci'slai)diiigi ol. Ilie aLLoiiiils lo be I'eclLI)Lcl. LLT.J N_ Ecliilji J Ai,, I"1 tIC'OM. MAAT F()l- iiiicl ()11 IIL.li<il t. ()f' F J Ai'ill'i & ('. o l..ii)i ilecl -IlIL As51)Ll<ili(Iii c)I' AcLC)Iiiiljii i? I"LLIIii IL ic911 LiLeiiLe Niiiiiliei. 111041)48 178 Til i'loi-cl Ro<2(1 HLII'I'()11 Mi(IdlLse.x IIA? OSN

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARANTEE STATEMENT OF fiNANCIAL ACTIVITIE4 S (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR r.Nl)ED 11 DECEMiif.R 2024 UiirLslI'iLled 21124 riiii(1s T()t&il Fiiiiils Totc11 tiiiids 2023 Note Inc()iiie iiii(l eniloii'nients 102,96? 10?,962 C)45 102,047 970 Iiivestiiieiit iliLIllllL Total ijicoiiie 103.907 103,907 103,017 I I i)ei)(litiire 137.1195 137.0?5 148,502 Total eipLlI)(l jlij i'c. |37.11?5 lJ7.0?5 148,50? Net L'XPL'li(litll I"C rflll(I net IllOl'L'iiieiit iii fli i)(Is (3.3,118) (.33,118) (45,485) IILILoiiciliiitii)n ()f fiiii(18 1,073,145 1,073,145 T(>tiil fiin(1s ciii'i'ieil fi)iii'iit'(I 1,1140,11?7 1,040,027 1.1)73,145 Tlie notes oil i)&ilFes 8 to 16 foriii i)&irt of tliese finÉlllCi411 st¢ltenients.

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARANTEI STATf,Mf,NT OF FINANCIAL POSITION 31 DICEMiif.R 2024 COMPANY REGISTRATIOIN N(). 525i446 2024 20?J Note FIXID ASSF.TS T1( iig>iLile tix¢cl assets 13 1,033,661 1.069,737 CIIRRF,NT A(iSETS Delilor4 14 5,4)3 24,184 5.144 30,109 35,?53 CRf.DITORS: iiiiiiiiiiits flilling (IIIL. lTr'itliiii ()nL' (23,271) (31,845) 3,4118 Nf.T CUIIIIENT ASSF,TS 6,366 NF.T A.%.(if.TS 1,1)40,0? 7 1,()73.145 FUNI)£i OF THf. CHARITY Uiii'L'sli'iLtL'(I liii)(l% ,1)411,(1?7 1,073.145 Totiil Ll)Ill'it)' I'iiii(Is 17 ,(}411,{1?7 1,1)73,145 Ir ¢i)(liiigy 3 | [)LcL'ii) l)Ll' ?024, tl)L' Lliil1'11}' 11 &?S Li)liil¢(I tl) LKL'I)I plic)ii l i'i)111 iiiicl il iiiiclc'r sLLIii)ii 477 1)I' tlIL' C'ciiii5)(111 i¢5 ALI 21106 1'LI(Itiiig l(1 51))4111 L()IIIPIlll ILS. Dii-cLlc)rs' I'es1)()11silii liliL's'. "cir iii iiiiLsti(111 111 IILL()I'clcll)Le N¥'iili sc¢li()11 476. Tl)e clii'eclors <1Lk' i)oivledgie ilicir rcspoiisil)il ities f()I' coiiiplyiiigi ivitl) Ilie reqLI ireiiiciits ol" Il)e AL( villi rcspLct to ilLLC)Iiiilii)gy rccords c111cI IliL l)fLI)Iifcqtioii ot" fii)aii¢icil slcltLiiiei)Is. Tlie.%e fiiiilllCi<ol sloc teineiils liclvc be¢[) prei)ared iii ?( ccol-dance Nvitl) tlie provisi01is appliLiible to L(1111 |)<llllCS SLII)jLLI l() IIIL Slll<il l L(Iliil)<lll ILS, I'C'&iII)C. 'L(I l)I' IIIL IIoc?i-cl ()I"11'11.4lee5 1111cI i?Iltlioi-iscd l()I' iS%Lie oli I l Aiig)LlSt ?02 5 ¢11)(l <ire sigYI)Ld c)11 bel)<il I. Ill- IIIL I)0<11'cI Ii).: A Cii'ci Ti-lisle 'I"I'iisleL The iiotes ()11 Prtiges 8 to 16 furn) Pl4 rt of tlie.se 111121 nei¥il st￿lteme1)ts.

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARANTEE NOTI4 S TO THE FINANCIAL STATEMENTS YEAR ENDED 31 Iiicr.MBER 2024 GENERAL INFORMATI()N Tlie cli¢lrit)' is (1 1)IIL)liL lieiietit eiitit}' c l)d a pi'lV<Qte eoiiipc?n).' liiiiited b), gFII{11-<liilee, I'¢gJislered iii EiigillL Iiil Iiiid Wc? les <11)d ic i'ebiistLI'Ld Ll)Iiril}' iii LiigrlÉ111d cliiLI Ill<ilcs. Tlie 1¢ ddi'ess of tlie i-Lg)istei-ed ofti¥e is P¢)risli Otl ILe, Si M<if) 4 Cliiii-oli. Piitii¢)' H igTlI Street, S IV15 1 SN. STATEMENT OF COMPLIANCE RL'I)C)I'liiib Sic?ii(Ic)rcl c11)1)I iL<il)IL' i li IliL 11 K <iiid tliL Ilei)Iil)l IL l)t I I'LI(I1i(I'. Ilie St<?leiiiLiil ()f' F ilic?l)Liil I IILI)Lll'liiib Sic111cll< 1-(1 Ill)III iCc?blL' i li tliL I l K Ill)d RLI)Iibl IL O t. Ii'el¢liicI (r lis i o? ) (Cli(11-ilies S()RP (fRS 111?)) ciiicl Il)¢ Q ()IllP(Iii ies ALt 21)11(). ACCOIINTINC I)OLICIES Al l iiiLoiiie is I'ecogiii i%Ld iN'IILlI it is diiL. E3i)isLd Ic iicl I'LCC)i-dLd iii Il)L tll)clllLi<il st<?ILiiiLiils 11S tI)C illLciiiie ¢lLLI'iies. Cyoing concern ()ii tlie bil.%lS ()f LLirreiit fiiic211Li1c I pi'()jeLIic)IlS iiiid <2ftL'r Iniikiiigy SLILli eiiLILI ii'ies 1( S iil'e coiisidei'ecl 2ppropriic tc, tlIL Triistecs arc Scltisfi¢d tliat St Mciry's Pc11'islI Triisl lias 1cdeqiiic te resoiirces tc) coi)tiiiii¢ iii ()perclti()Ilcil exi4tL'IILe r()I' IIIL forLseecl1?IL fiitiii'e. 'I'IIL Ii'iislLe% therefore bel iei'e il is ,11)pr()Pl-11c tc to l( doi)t tlic gFoiiigv L()iicei-11 l)c?SiS il) I)I'LP<)I'iiig7 tli¢1111<111Qi¢il statci)i¢iils. Sl. M<ll'N' % I)￿1].1%￿1 "1 I'iisl is <9 l-LgiS11'1'Ld Cli(Irili.' N(). 111 ? 7?4 IK.'iili tIiL IILiic | Il (il. LXLlllI)l i()i) I I'c)iii i)riii' isioii toi. 101-l)(Il'(?tioii t¢iX IILi4 lieeii i)IclLIe. M&lteri&il Iii'i(ii' }'e'ii' err(Tr1'5 No liic1tei'i<111)i-i(ii' ) e<ll' eri'i)1'51i<ll'e LILLII iclciiti tILd 111 tlie I'epoi'liti&' i)ei'iod. Tlie notes on P¢qfjes 8 to 16 l'oi'm p.'ii't of tlicsc f1114111cial st¢lten)ents.

ST MARY'S PARISH TRUST COMPANY LIMITED BY GIJARANTEE NOTES TO'fHf. FINANCIAL STATEMENTS (eontinued) YEIAR ENDED 31 DECIMBER2024 ACCOUNTING POLICIES (L'c)iitiiiiiLy{l) Fuii(l Accoiiiiting Fiiiids l)elil b}, tl)e Pc11'isI) I I'Ll%t ¢ll-¢'. Uni'esti'icte(l Fiiiicls: GeJiei'>il FiiJi(Is Aii}' liiii(14 iliÉil ill-¢ clV<2i Ic?l)le tol. Lise l)I' Il)L' Triislees ii'iiliii) Ilie gyLI)Lfcil objeLIs (iiid pi)ii'¢i-% i)r tli¢ Lli¢l1'il)' c I'e e1( IIL(I gVLIlLI'cil I'iiiicls. l)('s jun41tc'(l Fiiii(Is -ri'iislees iii(15 1)Iil ic sicIL' 111)I'¢%li'iLlecl gi¢iiei'iil l Llli(l% loi. speoi tIL l)111-p()%es. I Iiconiing i'esoii I'ces ()r Il)¢ e%liiiicil¢(I r¢%cilc 11471iiL. ti(111(IILd l (ILI l itlLS i?11114LriiiLL.4 cifL' I'I'L()gllli%L(l iii Il)L ¢l¢L()111I1s IVIILII I'LLL'ivLcI il. IIIL liiliiL' Lill) l)¢ relicil)Iy IllLlc siii-LII. No <llllQlLiiIL% Ll1'L IIILILI(ILcl loi. Ilie iiicoine Iroin LoiIII'i1Lls fi)I' Ilie SLlPI)ly OF serviLes is I'ecogyiiiscd iviili tlic clclivcry of tlic c()iili ilLted sei'viLe. 1.1115 i.s cl<lSSI tied 1( S 11111-cslriLlcd liiiids lin les% 11)ei'e is (2 LCllitrclLtlliil reqiiii'ciiiciil t.or it to be spciil oil a PLIrtICLil<1r piirpose 2( lid retiii'iied if iiiispciit, 111 wliicli casc it iiiay be I'egJ(Ii'ded ils reslri¢tcd. IlesoiiJ"ces eipL'ii(IL'(I pLI)Il ilLire is reL()LJiii%ecl (IllLe tliere 1% li leLI(Il (}I' L()ii%li'iiLlii'L cil)l j ljoii t() 17)1( ke cl Pc1)'iiieiil l() cl ii)ec?siiiecl I'eli.IblN'. C l)<iril<il)le eKI)eiicl ilLlI'e LOllI l)I'ises 11)0se Los15 illl Iii'reLI l)i' tlic P<21-is1i 1'i'LIS1 iii Ilie dL lii.'ei'i' cil- Goi-Li-Il<lllll Losts iiio liidL tIIi)s¢ ¢()stS <1SSOli41te(l ii'itli iiieLI illlF tlie L()1)sliliilioii<111¢ lid st41tiitoiTr' lo tlic sli-1( IL, ic Itl<l112c Ivciiieiit ot. tlie Pc11-islI Ti-lisl. c.osts cll'e 1( I ILIL1c tecl to Ic S P<irliL 1111( 1- 1( Ltii'iti. ii-l1L i-e tlic Losls I'el¢ile clireLII)' to tli<?t <lltii'il!'. The iiotes 011 p'.)tscs 8 to 16 forn) part of tliese lin14 llci<il stiilciiicnts.

ST MARY'S PARISH TRUST COMPANY LIMITf4,1) IIY GUARANTFE NOTES TO THE FINANCIAL STATf.Mf,NTS (continued) YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIE.% (L'l)iiljiiiiLy{l) Tqi l)gible Fixecl Assets Al I fixed 1( ssets CtS 'I)c I'LL()I'L1'411IlL RLL()gJ i) I%L'cI ii)) l)Ill l-Iii¢i)I I()%SLS 6?I'L l-ci.'Li-sL'(l il., LL'ilSL'(I l(} clPI)l>'. WIILI'L clll 11111)<lll'liiL'I)I l()%% .%iili%L(IiiLI)tl )' i-LvLr5Ls. IIIC Liil'fyiiig) {11111)Lll)l (Il- IliL cl.s%LI ,1111(ILiiII (loes i)cil L'XLeed Ilie Lc)ri'yiiig) (Iin()Iiiil Ilicil iv()Iild l)ilV¥ Iiccii clctci-iii iiiLcl li<?cl Iio) illlPclil'lllLiII loss bc r¢cog?iiised for tlic asscl iii prior yC¢irs. A I'evei's111 of ai) iinpiiiriiiei)t loss is rccogFiiised iiniiiLdiI11Lly, IiiilLss Ilie I'elevciiil 1( ssel Is Lciri'ied1 ct (1 1'ev<11ii¢d c2inoiii)t, iii Nvliicli Cclse Ilie reiiei'scil ot tlic illlP<111-iiieiit loss is Ii-c(IILd <2S l( I'CI'(IILl<ilioi) iiici'ec?se. Defiiie(I coiiti'ibiitioii pliiiis WIIL li cc)Iili'il)IitiQ)115 £lri i)c)l e,KPL'LILcl to liL si'iilL'LI li lic)I ]!' ii-itliiii 12 11i1)i)Ilis c)t' tl)L cii(I c)l- Il)e Tl)e iiotes oil P&i(Fes 8 to 16 torni Prtll't of these fin'i nci<il st:ItClllL'lIts. io

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES (cc)iiljiiiiLy{l) Fin27nci211 Instriin)ents Tlie cl)c11'i11L L)le Loi)11)?c n), 01)l}' licls tl IlLIIICi<11 c2ssels 1( iicl I ii)c?IILl<il IilK l)ilities ot. (1 k. iiid Il1I1t qLlc?lil j bLl%IL tlllilllLl¢il iii%ti-Iiiii¢iits. B4lSiL tlllil1)Lli11 iiislriiiiieiits <ire iiiiliic 11 )' reLobii)ised <11 Ir¢lllSclLIii)11 I'cillie ,111(I siiliseqiieiitl}' iiie?c siirecl ¢11 Ili¢ii' settleiiit lit Il<?Iiie. C¥lsIi <liid e<isII cLIiiiiii( leiils iiiLILide C<i%li ill l)c)iiks <111d iii liiiiid c111d sl)01-t-tei-iii dei)osits ii.'itl) IL L'.I'¢cl il()rs clllLI pi-OViSiOllS 1¢ I'e I'eLOb)iiisLd ii'liLrL tIIL' Lliic I'il<ililL L()11)1)<l11)' licls cl l)re%¢iit (Ililig¢ilioii Mf.Miir.Iis r.I'L'I')' iiiL'iii l)L'l' ()1" Si. Mcll'j, % P(11-islI Ti'ii%l cll?l-L'L'.% (() Loiilt'il)Lile t() IIIL, L()i)I |)1?1is' .I l ()I' clll}' Sl))IillL'I' its IllCOlllL (Iiid 111-()PL'I'I)' clllll)iigv its IiiLlI)licr% l() cl1) LxILiil cil ILiisI (IS g)I'ekil tlicil rLciiiii'LcI [))' Iliis M¢i)Ic)I'aiidiiii) ot Associ1( lic)ii. o'rHER TIIADING ACTIVITIES Lliii'¢%ti'iilLd Totrfgl Fiin(Is Ui)rLslriLILd .1 olLI1 I. 111)d% I""Iiiids 21124 Fiiiids 2023 10?,96? l O? ()()2 102,1147 10?,047 INvf.STMENT INCOME U iii'L%li'iLIL'cI Ti)tiil Fiiii(Is Uiii'csli-iLILd -[ (Ilcl11. 111i(15 Fiiiicls 2024 ?11?3 B¢iiik- iiilei'esl r¢i¢ii'¢ilile ()45 )71) 1)7{1 Tlie notes 01) Prtiges 8 to 16 form P¥irt of tliese fin¢lllCi&il st&lteiiieiits.

ST MARY'S PARISH TRUST COMPANY LIMITED BY GIIARANTEE NOTES TO I'HE FINANCIAL STATEMENTS (continuecl) YEAR EI NDCD 31 DECEMBER2024 F.XPF,NDITURE ON CHARITABLE ACTIVITIES BY FUND TYPF. Uiii-esti-icted Tot¥il Fiinils Uni'es11'iclcd Tot2< l Fiii)ds 21)24 Fiiiids Relit 10,59) 1 (),79X 13,240 8?4 111,595 16,798 13,?40 10,59) 21,657 16, J()4 973 10,)95 21,6)7 16,394 973 5.054 | | ,4()C) 4,?.18 34.685 29,88? IIL'I)cli I-s & lll<iiiilLIiL111Le l.Lllii)gF exi)Liises 5,264 4,457 I,X89 36,(17() ?6,()8() 5,C?16 1,727 3,550 L.le<iiiiiig .1 LIL i)lic)i)¢ I)LPI'LL11É lic)i) cll)<lL)Lii)eiit & 1¢11'111c k iiig 14,457 1,889 3C),117C) 96,98l) 5,()1 () 1,727 3,5ill 11,499 34,C)85 21),88? 7.039 2,878 3,()08 C()1lSlllll<)lilL %LlI)i)liL% & siiiidi'>' (il)I'LI'11¢1 1)LL' Lll.%Is 2.878 3,C)1)8 137,0?5 137,0?5 148,503 148,i03 r,xi)r.Nl)ITIIIIF. ()N CHAIIITAIILF. ACTIVITif.s Ily ACTIVITY TYI)r. %iipiJ(Ii't Tutlil t'iiii(Is Liisls 21124 dii'LLtIy' 21123 RL'lIt 10,5()5 16,798 13,240 824 5,2()4 14,457 1.889 36.117() 26 l)89 i.616 1.727 10,595 16,798 13,240 824 5,264 14.457 1,889 3().1I7C) ?6.989 i.616 1,7?7 3,550 11),595 21,657 16,394 973 5,054 11,499 4,238 34,(185 2().118? 7,113C) IIcpi1il'S & 1111( iiIILI)<2llCC l.ettiiigy expenses InsLifi111Le .1 c'lLI)IIiiiic DLI)reL liilii)i) Mc)l)11blL IIIL'I)l & iÉll'elÉik- ii) %leii'1c1'd i lig Q'ciiisiiiii¢ilile siippliLs & SLiiidi')' G(ii'ei'ii'ii)Le LC)sIs 3,550 -3,()118 133.475 3,550 137.025 148.iO_I Thii Jiotes oli i):iues 8 to 16 loi'm Prtll't of Ihese linrfillci411 stateiiients. 12

ST MARY'S PARISH TRUST COMPANY LIMITED BY GUARANTEr. NOTES TO THE FINANCIAL STATfi.MENTS (continueil) YEAR ENDED 31 DEICEMBIR 2024 NET F,XPENDITURE NLI expciidiliii-¢ 1.% %l<iled ciner Llic?I'gijiig: 2024 2023 D¢i)reuic1tioii ot. t¥l1)g? jl)le tiled <l%S¢tS 36,076 34,685 10. I:OVF,IINANCE COSTS 2024 2023 2,?00 2,IliO 1,558 3.5iO 3,608 I l. £iTAFF C().%TS 2024 2023 13,)()7 407 378 28 90() %(IL icil S¥LllI'iI)' Li)s1 84() 14,382 2(),11112 laft" teriiiiiic?tiOll <liid ein ployineiil costs PcqylllClIt 12,607 26,989 2(),882 I ii(livi(liic?I Pic yll)ei)t ()r £8,619 rLpi-Lsciili iigj tei'iii illiili()11 l?c?)'IllClIt 1( lid ,£3,98X I'¢i)I'e4eiiliiib iiiiil())'iiiL ill Lcis15 (?02.3: ,LN I I,) IKL'I'L, 111(l(IL (liii'jiii? IIIL. )'L'ill'. SiiLII i)Ill'l)IClitS 1( I'L I'C¥()gJ i) i%L(l iii Ilie VL(gr tl)Cl' c11-ise. Iii Ilie pi'ic)r }'L,?r li() %iiLII i)<ll'l)111)tS 11.'Il'L Illlc dc. TIIcsL' Il¢l)'ii)eiil% rLle IIL'c?d iciiiiit ot eii)i)l()!'ee% (liiriiigi Ilie i'e<ll' Il'<l% ? {?11?3.. 2 }. 'I'IIL 21)24 2023 Nii. A(Iiii iiiistrcl til'e 81<11-1. No eiiii)l()N'ee reLeii'Lcl eiiipl(IN'ee bei)L lils Qt. iii()I'e il)c111 £6U.000 (liii-j iii, Ilie )ec21' (?023.. £NII.). ThL' Ilotes on i)rfiges 8 to 16 forni i)&ll't ()I' tlicse fiiirfillci¥il st&ltL'i))iints. 13

ST MARY'S PARISH TRUST COMI'ANY LIMITED BY GIIARANTEr NOTES TO THE FINANCIAL STATEMENTS (c()ntinued) Yr.All ENDED 31 DECEMBER 2024 12. TRUSTEI REMIINERATION AND EXPENsr.s Diiriiigy tl)e )'ec?r iio I'Liiiiii)ei'1c lioii ()r c)Il)er Ii¢iiel Itq froiii ¢iiii)loyi))eiil ii'iili Ilie il)<ll'ilJ' oi. relcilecl eiitity, ii'ei'e reLeived l)) Ilie ti-listecs. 13. TANGIBLE FIXED ASSET. Total At l .lrfllllli11)' 2024 4in(1311)L'LeiiibLI' 2024 1,661 ?9() 34,333 1,()95,6?9 l)epi"L'Ci¥ili()11 Ai l .l(Illll<ll'l, ?0?4 )01 1()7 33 ??() ?4,725 2.8iO 6?.5,892 3().1176 At 311)i'ceJii l)eJ' 21124 634.-393 27,575 6()1 ()(?8 At 311)LILLllI) l)Lll' 2024 1,02() ()03 6,758 1.033,(161 At 311)eLeni l)ei' 2(123 C),()118 1,(16l),7 J 7 14. 1)r. IlTC)11 2024 2023 I"radc dcl)toi's )I'epa}IiiiLiitS 1111d <2LLI'LILd iiiLoiiie 1 ,676 3,4()8 5,453 5,453 5,144 I S. CR r,i)ITOIIS: iiiiioiints fkilliii% (liii. ii'itl)i i) one I'eiii. 2024 21123 4.4?5 18.15() 690 -5.)33 .LLIcsi¢)%IiL¢il Pill'i%li Ill" %t. MLlI'I- 11 Itl) Al I S<lil)1s 1)Iiliie)' OIliLI' Li-Ld itiii-s Tlie n()tL'S (Trn p'.ioes 8 to 16 forni P¥ql't of tliese fin&illi'i&il stdltL'iiieiit5. 14

ST MARY'S PARISH TRUST COMPANY LIMITED BY CUAIIAIYTEE NOTf4 S TO THE FINANCIAL STATEMENTS (continucd) YEAR ENDED 31 DEcfMBfR 2024 16. PENSIONS AND OTHfR POST RETIREMENT BINEFITS Define(I contribiition pl<ins 'riie ?( l)IOLiiII I'LLObSllj5L{l ji) iiiLc)Ine or expei)cl ilLire (1% <111 e,xpei)%e iii I'e11c lioii to clefiiie(l L()i)Ii'il)Iilioii i)1(IIiS ii'qc s L.378 (20?3.. L846). 17. ANALYSIS OF CHARITAIILC FUNDS Uiii"esti"icte(I fiiii(Is At31 I)LIL'eiii bei. ?0?4 IIiLC)iiie F,11)ei)ditiii'e 21124 1,07.3,14i 103 1)07 (137,1125) 1.11411,0?7 18, ANALYSl¢i OF NET A.4i¢>f.TS IIETwf.CN FLINI) lJiirL'.%li'iLILcl Tot411 Fil ii(I 2U24 1,1133,6()1 29,()37 (23,271) ,1141),1127 1,033.()()I 29,().3 7 (23,271) C'iiri'LI)l ¢issLI% Net as.4et. ,11411,I127 lJnres11'iLled TolAI Funils 2023 11)gi jlIlL fiNL(I 19ssLIs 1,069,737 1,069.737 (.31,84i) (31.84)) 1,07.3.145 1.07J.14i 19. COMMITMfNTS St. M<iri' s P1( I'i%li Ti'iist1i<1cI Iic) L()iiiiii iliiiei)1s 1()I' l<ll)ilcil exi)Liiil itlll'L <lt 31 DLcLiiiliLr ?0?4 (giid IliL -rrii%lee% licicl iii)I ciiiili()I'isL'cl c?III' LNI)ciidiliii'e t"Ol- Qclllit411 ooiiiiiiiltiieiits cil Il)<il clc1te. {?0?3 £ N IL). Tlie iiotes oil i)41(ve% 8 tu 16 foi'm Pill't of tl)ese fiii¥lllCi471 st¢lteiiients.

ST MARY'S PARISH TRUST COMPANY LIMITED BY GIJARANTIE NOTES TO I'Hf. FINANCIAL STATf.MINTS {continueil) YEAR ENDED 31 I)ICEMBER 2024 20. RELATED PARTIES Tli¢ PCC ot tlie Ecclesi<lStiLal P<1rish of Si M¢l1- No 1138?66 iiiclI All Saiiits Piiliie 'Tlie Pai'isli" Ai ilie c?LLllllI)ljiii? cl¢ile. ili¢ Ti'iist 01￿.ed to tlie l){11'is11 £18,156 {20?3 122,626) iii re%i)eil of ¢AI)¢IIS¢S I)¢iicI c)1) l)Ll)<ol t ot" Ilie "I'i'iist. Tlie P<l1-isI) 11<lS CC)Iltii'i)iecl Il)<i1 11)e)' ii. ill ii()t L<l11 toi. I'LI)Il5'iiieiit ot. Ilie l'est ot" tl)e del)Is Liiili I tlie IILcess1I 1), to tlic Ti'iisl Ic) Liisiire ils Loiiliiiii<ilioii. The iiotes (Jn p'.itsos 8 1() 16 forn) P<1 I't of these liiirfillci411 statcnieiits. 16