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← St Ethelburga's Centre For Reconciliation And Peace

2024-12-31-accounts

2024 ANNUAL REPORT

St Ethelburga’s gives me hope amidst the chaos of the world and restores my faith in humanity. I really appreciate that it makes anyone feel welcome, no matter what their background, and reminds us of living out our values. WT

Event participant

es 78 Bishopsgate London, UK Ce Gimentun teat eGPa e Ls oAeg = | EC2N 4AG Pare = LvFee a Bet bate i-% ; nee 3 Xx he a i ay enquiries@stethelburgas.org +44 (0) 20 7496 1610

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Contents

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||| |---|---| |Executive Summary . . . . . . . . . . . . . . . . . . . .|4| |Mission and Principles . . . . . . . . . . . . . . . . . . .6| |Our Projects . . . . . . . . . . . . . . . . . . . . . . . . . .8| |Project Portfolio . . . . . . . . . . . . . . . . . . . . . . .9| |Lifelines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10| |Reconcilers Together . . . . . . . . . . . . . . . . . . . 12| |Listen to the World . . . . . . . . . . . . . . . . . . . . . 14| |People of the Earth . . . . . . . . . . . . . . . . . . . .|16| |Faith and Moral Courage . . . . . . . . . . . . . . .|18| |Viewpoint Diversity . . . . . . . . . . . . . . . . . . .|20|

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||| |---|---| |Training . . . . . . . . . . . . . . . . . . . . . . . . . . . .|22| |Engaged Contemplation . . . . . . . . . . . . . . .|24| |2024 in Numbers . . . . . . . . . . . . . . . . . . . . . .26| |2024 in Words . . . . . . . . . . . . . . . . . . . . . . . .27| |Caring for a Sacred Space . . . . . . . . . . . . .|28| |Venue Hire . . . . . . . . . . . . . . . . . . . . . . . . . .29| |Our Supporters . . . . . . . . . . . . . . . . . . . . . . .30| |Financial Review . . . . . . . . . . . . . . . . . . . . . .|31| |Independent examiner’s report . . . . . . . . . .34|

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Faith, Peace, and Belonging in the 21st Century

Saimu, Shalom, Salaam, Shanti, T’ai, Maitra, Peace: the windows in our tent repeat the word for peace in seven languages . They’re not always that easy to read . Over the years, more and more skyscrapers have built up around St Ethelburga’s, narrowing the patch of sky you can see overhead to a tiny square . Even on sunny days it can feel overcast when you’re sitting inside the tent . But the stained glass suns and moons, the crimson cushioned benches, and the peaked goats hair roof all contribute to a very special atmosphere - like sitting inside a jewel box .

It’s a space that tells a story . A story about perspective, choice, and where we go when we want to look at the context around us and our future path . Anyone standing on the corner of Bishopsgate and London Wall is presented with a choice . One: to walk up to one of a dozen skyscrapers, glide by elevator up sixty stories to a power-office view across the city . Or two: to take a more hidden way, through an almostsecret passageway, then through a wooden door where you’ll bend your head to enter,

remove your shoes, and sit cross-legged on a bench inside a Bedouin tent .

Throughout 2024, we’ve welcomed participants from diverse faith, political and cultural perspectives into our many programmes . From tree-planting retreats to world music events, to workshops on conflict, peace, and facilitation, what unites all our work is this invitation to take a different path: to approach the immense challenges of our times from a different perspective . Whether it’s a viewpoint diversity dialogue, a school visit, or a leadership training - we invite participants to sit in the shelter of shared, deeper values, and to find hope in unexpected places .

Bridging divides, Loving Earth

This year, in our Lifelines programme, 300 volunteers from different faith backgrounds planted 3,259 metres of hedgerows across UK farmland . Our Journey of Hope Christian leadership programme saw 18 leaders travel to peace centres across the UK to grow skills in conflict transformation and peacemaking . Our Faith and Moral Courage programme featured speaker-led events and workshops that drew over 900 in-person attendees, while the YouTube videos have been viewed 73,700 times to date . The Spiritual Ecology Conference was a highlight of the year, bringing together a wide

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range of faith, community, and climate-forward organisations to lean into the question: How can faith guide us to work across divides for the sake of our shared home, Earth?

Financially Resilient

We offered an exciting programme of training, workshops and webinars in 2024 which saw our event income increase . Our venue hire business continued to grow, as we welcomed numerous charities, private individuals and corporate customers to enjoy our tent, nave space and garden . Economic uncertainty in the UK continues to present challenges for the charitable sector . We are grateful to all those funders who have supported our charitable activities throughout 2024 .

transformation . And we’ll be hosting the firstever Spiritual Ecology Festival in June, with talks, workshops, music, food and more . We hope to see you at one of our online or in-person events sometime soon .

Do read on to find out more about our projects in 2024!

Tarot Couzyn and Clare Martin

Co Directors, St Ethelburga’s Centre for Reconciliation and Peace

Looking forward to 2025

We hope you’ll join us at an event online or in person in 2025! We’ll continue to open our space for interfaith contemplative practice monthly . With more varied training on offer, we’ll be hosting participants in person and online to gain skills in dialogue, facilitation and conflict

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Mission and Princi les p

St Ethelburga’s works at the intersection of climate and peace . We believe there can be no peace on Earth unless we also realise peace with Earth . We offer events, training, leadership programmes and multimedia content which equip and inspire people to become peacemakers in their own contexts .

Our work is organised around four key principles, which are reflected in the fabric and history of our building . These underlie all our programmes and guide what we do . We illustrate these principles by telling the following four stories .

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Values into action

St Ethelburga was a courageous and selfless 7thcentury religious leader . When the plague came to Barking Abbey, she inspired all of the monastics in her community to face the crisis with purpose and resolve . She put her deepest values into action in very dark times and encouraged others to do the same .

Renewal in crisis

In 1993, an IRA bomb exploded on Bishopsgate, almost completely destroying the mediaeval church of St Ethelburga . Rebuilt as a centre for reconciliation and peace, this story reflects the opportunity for renewal, change and evolution that lies at the heart of every conflict and crisis . This principle is the foundation of all our work with division and disagreement .

Community across differences

Our Bedouin Tent is a unique and beautiful space, originally built in response to 9/11 . Its circular design offers a container for non-hierarchical dialogue, where all perspectives are welcomed equally . The Eastern structure alongside the Western architecture of the church reflects the vital need to build community across differences . This theme is fundamental to all our work .

Protecting the sacred

The site of St Ethelburga’s has stood on consecrated ground for over 800 years, remaining true to its ancient purpose amid offices and skyscrapers . This speaks to us of the need to protect what is sacred . Not just spaces for prayer and reflection, but also our deepest human values, and the sacred space of nature . Reflection, spirituality and love for Earth are woven through everything we do .

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Our Projects 14 i•

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Pro ect Portfolio
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Lifelines

Connects community and faith groups with farmers, helping to plant a network of wildlife corridors across the country

Faith and Moral Courage

Reconnects people across the globe with their faith or deepest values to meet crises with courage

Reconcilers To ether g

Gives faith leaders the skills to work with conflict

Viewpoint Diversit y

Creates workshops, tools and models to explore how we engage with disagreement and difference, depolarise conversations, and facilitate meaningful dialogue across divides

Listen to the World

A place of live music where the themes of home and belonging find expression through the traditions and talents of migrants, refugees and sanctuary seekers, alongside local artists

Training & Facilitation

Training in conflict transformation and facilitation skills and bespoke work with organisations experiencing conflict

People of the Earth

Strengthens UK communities by practicing hospitality and nurturing connections and understanding between local people and those with an experience of migration or displacement

Soul Space and Contemplative Practice

Spaces for reflection and inner resilience

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Aim

Lifelines connects community and faith groups with farmers, helping to plant a network of wildlife corridors across the country .

Activity:

Lifelines brings together communities to plant hedgerows and woodlands on our collaborating farms across the country . Throughout the winter, each weekend is spent on a different farm, with two groups who come together across differences to create a web of connection between one another and with the natural world .

not ordinarily have access . We plant on a wide range of land types: small-scale independent growers, regenerative and permaculture farms, the UK’s first Halal organic farm, commercial farms, spiritual communities and many more . While only lasting a few days, the alliances between participants and farmers often remain long after .

This autumn, we trained a new cohort of 20 people from diverse backgrounds, faiths and spiritual traditions to become Lifelines Leaders . They learned the practical skills of planting hedgerows and woodlands, as well as learning how to design and lead a residential weekend to create a rich and unifying experience for their volunteers . These leaders, along with 10 leaders from last year’s cohort, were then paired up, with each leader recruiting a group of volunteers from their respective communities, and worked together to create a weekend of shared stories, beliefs and practices from their traditions alongside prayerful tree-planting .

Through this immersive experience, we invite participants to deepen their sense of care and kinship with the land and with each other . The weekends also aim to provide an opportunity for greater accessibility to land for those who may

Impact:

In the 2024 winter season we ran 17 Lifelines weekends bringing together 31 communities and 325 volunteers on land across eleven different counties in England and Wales . Our leaders and volunteers:

Being a lifelines volunteer last year was indescribable . The amount of connection, peace and fulfilment that I gained from two weekends of volunteering was much more than I could have expected and has stuck with me ever since . Lifelines Group Leader

I was struck by how individuals from very different backgrounds, ages and beliefs could come together and work with such care and harmony as a group . I really did find the experience quite uplifting and hope every individual went home feeling they had made a very positive investment in the future ecology of this small part of Wales . Lifelines farmer

We are deeply grateful to the Kalliopeia Foundation for their support of this project .

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Aim

Reconcilers Together seeks to equip faith leaders to creatively and courageously respond to our growing unpredictable and conflicted landscape, in order to build more relational, resilient and peaceful communities .

Activity:

Reconcilers Together is a coalition of eleven leading Christian peace organisations across the UK, Northern Ireland, and the US . Led by St Ethelburga’s, the partners curate a 9-month immersive and values-based leadership programme called Journey of Hope: a deep dive into the practice of faith-based peacemaking and reconciliation . Together we explore a range of frameworks that support faith leaders to reconcile with Earth, their communities, their faith, and themselves in order to encourage civic engagement, transform conflict and repair broken relationships .

The wider Reconcilers Together Community of Practice, which consists of our 11 partners and now over 100 alumni, continued to meet online and in person 4 times throughout 2024 for continued professional development, encouragement, support, and to share best practice with one another .

From February to May 2024, our Journey of Hope participants embedded their learning into their individual contexts with the support of one-on-one coaching and regional peer groups . In March our partners hosted 5 regional gatherings with our community of practice . In May, we hosted 4 community reconciliation learning sessions online . And in October, we gathered 30 of our community of practice in person at St Ethelburga’s .

Impact:

It was such a wonderful opportunity and blessing to pilgrimage together, learning such interesting content and working alongside such wonderful people . It has served as a reorientation point which will stick with me for a long time to come, and connect me with people and organisations I feel I will be following and being alongside into the future . This has been such a formative year for me, and I am looking forward to what the future looks like, taking the lessons here forward . 55 Participant

We are grateful to our anonymous donors for their support of this project .

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Listen to the World: celebrating musical traditions of diverse artists

Aim

‘Listen to the World’ is a place of live music where the themes of home and belonging find expression through the traditions and talents of migrants, refugees and sanctuary seekers, alongside local artists .

Activity:

More than just a concert programme, ‘Listen to the World’ brings people together across a spectrum of differences—both on stage and in the audience . These evenings celebrate cultural diversity, fostering meaningful encounters and lasting memories in an atmosphere of warmth and inclusion .

Throughout 2024 we continued a partnership with researchers at Middlesex University and King’s College London exploring how inclusive arts events can transform communities . Reflecting on their research on ‘Listen to the World’ concerts, they commented:

This year’s vocalists and musicians brought with them musical traditions from Afghanistan, Burundi, Cuba, and the Caucasus, to Iran, Moldova, and Zimbabwe, alongside the sounds of Kurdish and Klezmer music . Performers captivated audiences not only with their rhythms, songs, and stories but also through engaging Q&A sessions and invitations to participate, creating a truly interactive experience .

Impact:

We have uncovered profound insights into what it means to serve multicultural communities — helping to reconcile, connect people, bridge differences, and co-create a shared sense of wellbeing… Our findings highlight how St Ethelburga’s commitment to accessibility, diversity, and inclusion in the arts has not only enriched individual lives but also strengthened the social fabric of many communities . Dr Patrick Elf, Middlesex University and Dr Sophie Whitehouse, King’s College London

We are grateful to the Tides Foundation for their support of this programme, and we were delighted to learn that Listen to the World has been awarded a grant from Arts Council England, securing its future until the summer of 2026 .

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Aim

People of the Earth (POTE) aims to strengthen UK communities by practicing hospitality and nurturing connections and understanding between local people and those with experiences of migration or displacement .

shared meal and facilitated conversation, guests connected through personal stories of faith and its importance in their lives .

Activity:

At Home in Nature explores how our relationship with nature can foster social inclusion and enhance individual and collective wellbeing . The programme was set in a London park and nearby community centre and drew together people from varied backgrounds, including long-time locals and those for whom London is an adopted home .

Impact:

Drawing on the evidence-based ‘Pathways to Nature Connectedness’ (University of Derby) • that are proven to facilitate a relationship with the natural world, we created a series inclusion of workshops in the spring and autumn . These included connecting with nature through the Se senses, appreciating beauty, evoking emotion, and cultivating compassion . The programme Le = was delivered with Camden and Islington Recovery College and received very positive ze feedback from participants; another series of workshops will be delivered in Summer 2025 . eS

Interfaith and cultural events

We hosted a series of interfaith and cultural events during 2024 . A particular highlight was ‘Celebrating Sacred Communities’, an evening of generous hospitality and facilitated conversation during Interfaith Week . Over a

66 I felt a drop of rain on my forehead, and when I opened my eyes, I saw the sunlight . The way it shone on the wet grass made it look like tiny diamonds . During the session, I also reflected on how we each view nature and life differently, and I learned more about the other group members . The more I hear their stories, the more I feel like I’m living a part of their lives, which helps me become more understanding . 59 At Home in Nature participant

I was really touched by the experience, so I would like to thank you all from the bottom of my heart . 55 Celebrating Sacred Communities participant

With appreciation and thanks to our funders and supporters: Tides Foundation, Natural Academy, C&I Recovery College and Kentish Town Community Centre

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Faith and Moral Courage: putting faith at the heart of civic dialogue

Aim

Faith & Moral Courage reconnects people across the globe with their faith or deepest values, so they can meet crises with courage .

Activity:

In an age of unravelling, uncertainty and risk, this programme sought to understand how we can grow our capacity to brave our limits . In 2024, we curated numerous events and workshops to catalyse deeper reflection on these themes .

A key focus this year was the Spiritual Ecology Conference, a one-day event exploring the connections between spirituality, ecology and peacemaking . The festival wove together wisdom from diverse traditions, bringing together voices such as Dekila Chungyalpa, Mary Harrington, Emmanuel Vaughan-Lee, Justine Huxley, Alemayehu Wassie Etshe, René August, and many more, as well as representatives from 32 peacebuilding and climate organisations, and 26 faith organisations .

This year, over 100 people joined us for our newest event model, the Workshop Carousel . We hosted two days of participatory workshops led by Angharad Wynne, Justine Huxley, Michael Gibbs, Solutions Not Sides, and St Ethelburga’s facilitators, focusing on practices for both inner and outer peacemaking, as well as Spiritual Ecology .

Our Faith & Moral Courage YouTube playlist has received positive feedback and nearly 4,000 views on the content created this year .

Impact:

I learned how to hold spaces where all can belong and experience our connection with the natural world . Moving forward, I want to bring prayer and praise into my everyday life– remembering that prayer is fundamental to benefiting the whole . 59 Spiritual Ecology Conference Participant

I was able to interact with others who were passionate in their love for the Earth like me, and that helped me to feel supported and encouraged . 55 Spiritual Ecology Conference Participant

We are grateful to the Fetzer Institute for their support of this project .

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Viewpoint Diversity: transcending echo-chambers

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Aim

Viewpoint Diversity creates workshops, tools and models to explore how we engage with disagreement and difference, depolarise conversations, and facilitate meaningful dialogue across divides .

Activity:

At a time when public discourse in Britain is deeply fractured, studies show a rare point of consensus: people are both exhausted by division and increasingly anxious about climate breakdown . This reality, as well as growing international conflict, helped to inspire our Viewpoint Diversity work in 2024 . This included the development of a new workshop: Seeking Faith in What Unites and Courage to Depolarise . Participants were invited to engage with diverse perspectives by stepping into another’s shoes, using the “7 Tribes” framework from More in Common to foster understanding across social divides . Attendees practiced embodied empathy

and dialogue, reflecting on how faith and moral courage can help us to cultivate a more unified, functional response to the urgent crises of our time .

Impact:

T I felt encouraged to explore others’ motivations at a deeper level and hold my judgement at bay . 4 59 Workshop Participant

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Trainin g

Conflict Coaching

Conflict coaching is a highly effective, practical intervention suitable for people who are currently experiencing conflict or supporting those in conflict in their professional or personal lives . Conflict coaching prevents tensions and differences from escalating and empowers individuals to understand and transform conflict effectively . This interactive full-day session includes practical tools, pair work, embodied practice, group discussion, and a tour of our centre .

66 I was so grateful for the approach shared and I left feeling both grateful and hopeful. It was also wonderful to be in a room with other folks who were wanting to think more deeply and with more complexity around conflict. Very relevant to this era. Thank you. 55 Participant

Facilitation Training

This one-day workshop offers tools for facilitating groups well in this current climate, especially when conflict or tension arises within the group . Filled with a rich selection of methods, approaches and exercises, the day offers an insider look into some of the facilitation tools used for St Ethelburga’s transformational programmes . It is highly experiential, with an opportunity to engage with practical techniques that help to foster participative and productive group conversations .

66 The workshop exceeded my expectations. I was able to learn the practical elements of facilitation but more importantly the emotional and cognitive considerations for self and others that are incredibly valuable. Participant

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Dialogue for Peaceful Change

This year we partnered with DPC Global to offer a robust 4 .5-day mediation training called Dialogue for Peaceful Change–a global training programme completed by over 2,000 people worldwide . The programme enables participants to become a ‘mediative facilitator’ and offers a practical toolkit and methodologies for managing all aspects of conflict . Participants learn how to respond effectively to conflict between individuals and in organisations and build individual and organisational capacity for enhanced communication, interrelatedness and conflict transformation .

The willing and skilful group of fellow participants formed such a beneficial community of practice, and St Ethelburga’s was such a beautiful space for the context of the material. The intelligent, nuanced and deep approach both from the trainers and the group was excellent. It was SUCH an engaging and enjoyable course from beginning to end. Participant

Youth Workshops

This year we welcomed 180 young people into our building and facilitated a peacemaking workshop based on our 4 stories . These workshops were tailored for each group and included: a tour of our centre, a facilitated conversation about what peacemaking looks like in our current world climate, a taster session of our conflict coaching model, and Q&A . The bespoke topics that we wove into the workshops included: conflict styles, the biology of conflict, depolarising conversations, facing the climate crisis with courage and hope, restorative justice, and interfaith dialogue .

Just wanted to say a huge thankyou for the session you delivered for our students yesterday! It was such a helpful and clear session particularly around how conflict impacts us

biologically and socially. Thank you for your preparation and brilliantly engaging delivery that helped get the best out of them. I’m not sure if you heard them say at the end of the session ‘Can we come back here again?’ but probably that was the best bit of feedback on how much they loved and enjoyed their time. Participant

Visits

This year we welcomed 124 people into our centre to share our history, values, and programmes . These visitors ranged from university exchange students to culture seekers to groups of friends and organised ‘Secret London’ tours . Each visit lasts about an hour where people can experience our Bedouin Tent, garden, and nave . Visitors are always impacted by the story of the church and appreciate learning about the history .

Listening Process

St Ethelburga’s facilitated listening process offers communities and teams the opportunity to explore tension and conflict in a structured, neutral, and safely held container . From one-off sessions, to a series of gatherings, our listening processes are tailor-made to the group . Our aim is to offer a reliable process that supports groups to hear and be heard and to reach a place of mutual understanding and clarity on next steps .

This year we facilitated listening processes for 56 people on:

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Engaged Contem lation p

Soul Space

Soul Space continues to serve as an important monthly container for community and connection . A gathering open to people of all faiths and none, we facilitate an hour of reflection, prayer, and contemplation using imagery, art, music, and sacred texts . Each month is focused on a theme which resonates with what is happening in the wider world . We have a regular community of about 50 people who gather each month .

600 people directly participated in 2024 .

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Soulspace is such a welcome rhythm in my month, something that gives me hope amidst the chaos of the world and restores my faith in humanity . I really appreciate that it makes anyone feel welcome, no matter what their background and reminds us of living out our values . Participant

Contemplative Practice

Each month, we invite those of all faiths and none to join us in prayer and contemplative silence for the sake of our world . So far, we have been joined by people of a wide range of faiths, including those who consider themselves Christian, Sufi, Muslim, Buddhist, Jain, Hindu, Jewish, Agnostic, and Spiritual-

but-not-religious . We’ve seen that groups who share in prayer, silence and community create a powerful antidote to the overwhelm of personal and collective crisis . They create a circle of compassion that gives shelter to fragile hopes, kindness to traumatised spirits, and the courage to live from a place that is rooted in our deepest values .

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2024 in Numbers

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17,550 3,259 55,070
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PE Number of trees planted PE Metres of hedgerow ee People following our work
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4,376 82,277 450
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How much our following People directly Number of venue
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2,160 65 600
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a — -i - * 2024 in Words

Reconcilers Together

“Having the opportunity to really think and reflect on what we had learnt, get encouragement and help to develop our ideas in a safe environment and feedback was great. It helped me to properly reflect on myself, my capabilities and what I could try, and I felt encouraged being with the others on the journey; never isolated.”

Viewpoint Diversity

“I was moved by the vulnerable integrity of the Solutions Not Sides Team’s dialogue in the tent–it was so powerful.”

Faith and Moral Courage

“I was able to interact with others who were passionate in their love for the Earth like me, and that helped me to feel supported and encouraged.”

Facilitation Training

Listen to the World

“The facilitators were very attuned to the needs of the groups and gave plenty of opportunities to ask questions throughout the day. They all made me feel very welcome even though it was my first time visiting the centre and doing a course on Facilitation.”

“It’s an intimate space–I love the atmosphere, the great music and the great mix of people in the audience.”

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Caring for a Sacred S ace p

St Ethelburga’s as a Grade I Listed building tells a powerful story . Reduced to ashes by an IRA bomb, it was resurrected as a centre for reconciliation and peace . The building holds a promise of hope in dark times . Surrounded on all sides by glass skyscrapers in the heart of the financial district, this ancient piece of ground has remained a protected sacred space for over 800 years . The iconic building, Andalusian peace garden and Bedouin Tent are living symbols that inspire people from all around the world–whether they have visited in person or glimpsed them in the background on a Zoom screen!

This year we welcomed thousands of people for events and gatherings of all kinds . We are currently raising funds for some essential upgrades .

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Venue Hire

We share our stunning space with a diverse range of communities, organisations and individuals . Hiring it out for weddings, blessings, parties, proposals, organisational away-days, concerts, conferences and workshops offers the Centre a stream of income that can support running costs and provide a degree of financial stability .

2024 was a fantastic year for the venue hire business with more than 450 bookings .

We continue to receive stellar reviews on Google Maps and a “Super Venue Status” on our main booking site Tagvenue .

The staff was incredibly attentive, accommodating all of our needs with

professionalism and warmth. The space itself was beautifully maintained, and the layout perfectly suited our group, offering plenty of room for mingling and seating for all guests. Highly recommend for anyone looking to host a memorable event!

This venue is a gem, an oasis in the middle of a busy part of London. The staff was wonderful.

St Ethelburga’s is a beautiful, peaceful venue right in the heart of London. It is also excellent value in terms of hiring the venue for an event.

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Our Su orters pp

A heartfelt thank you to all our Guardians, Friends, sponsors and donors who have helped to support our work this year .

We are grateful in particular to the following foundations:

Camellia Foundation

Counterpoint Arts

Garfield Weston Foundation

Kalliopeia Foundation

Tides Foundation

The Fetzer Institute

The Kitchin Trust

And several foundations who wish to remain anonymous .

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Financial Review

Financial review

St Ethelburga’s Centre has a diverse income mix, made up of grant income, earned income from venue hire, earned income from training and events, individual donors and occasional legacies . Before the pandemic we had intentionally built up a larger than usual reserve, as a strategy for financial resilience in the face of perceived increased likelihood of instability ahead in the wider landscape . This continues to prove prudent . We are pleased to report that our trading subsidiary income continues to increase year-on-year . In 2024 the trading subsidiary donated £211k to the charity (2023: £179k) . This year unrestricted income was £386k (2023: £320k) with expenditure being £371k (2023: £278k), and restricted income was £319k (2023: £425k) with expenditure being £415k (2023; £469k) .

Therefore, after gains of £15k and transfers between funds, the Charity’s closing position at the end of the year was a £17k surplus in unrestricted funds and an £83k deficit in restricted funds (which are covered by funds received in prior years) . Our strategy remains to extend our activities and balance our budget predominantly with our trading income, whilst maintaining reserves within our target level .

include £75,000 to help cover the future costs of maintaining our heritage building, plus £300,000 to cover 5-6 months’ total operating costs to ensure that the programmes are not impacted should there be any fluctuations in income . The target reserve range is therefore £150,000 - £525,000 . On 31 December 2024, the unrestricted general reserves held by the Charity were £515,291 (2023: £498,657), towards the upper end of our target range . Due to uncertainty in the financial and charitable sectors in 2024/5, it is considered prudent by the trustees to maintain this reserve level .

Investment policy

The Trustees take a conservative approach to investing . Investments are held in the restricted London Diocesan Council for Christian Jewish Understanding (LDCCJU) fund and also as part of the charity’s general fund, with a mandate that prioritises the preservation of capital . On the advice of the Diocese of London, investments are held in CBF Church of England Investment Accounts, in ethical funds managed by CCLA Investment Management Ltd . Investments are monitored quarterly .

Risk management policy

Reserves policy

The Trustees’ policy is to maintain a level of unrestricted general reserves which will meet the Charity’s commitments for the maintenance of the building and to provide a buffer for the operating costs of the Centre . Minimum reserve target - in the event that we need to wind down, we would do so in an orderly way, and have calculated that we would incur costs of £150,000 . Maximum reserve target - on top of wind-down costs, our maximum reserves

Trustees and senior management routinely examine major strategic, business, and operational risks . There is a risk management policy, and risk register which is reviewed quarterly . The overarching narrative of our peace-work is about preparing community leaders and people from all walks of life to strengthen community cohesion and build resilience for times of global emergency . We are therefore committed to taking risk management seriously, and embedding this thinking throughout the organisation, continually

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assessing and planning for the impact of major ‘unthinkable’ risks related to climate breakdown, economic challenge, the rise of extremism, increasing social fragmentation, cyber attack, more pandemics and globally disruptive events in general . We continue to feed the ongoing learning from the Covid pandemic into our contingency planning . This includes a broader preparation for how St Ethelburga’s can make a meaningful social contribution in the midst of a disaster or emergency .

Pay and remuneration

Pay and remuneration of key management personnel is determined by a committee of the Board comprising the Chair and Treasurer, in accordance with the charity’s remuneration policy . In 2024, St Ethelburga’s had a pay ratio of 0 .36 (2023: 0 .58) for highest to lowest paid staff member .

Appointment of Trustees

A Nominations Committee comprising Chair, CEO and two Trustees make recommendations about new Trustees with regard to the particular skills and expertise that the Charity has need of . The Trustees are appointed by resolution of the existing Trustees and recommended to Members at the next annual general meeting . Trustees normally serve a term of three years up to a maximum of 9 years from the date of first appointment .

Statement of trustees’ responsibilities

The Trustees (who are also directors of St Ethelburga’s Centre for Reconciliation and Peace for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) .

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period . In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 . They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities .

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website . Legislation in the United Kingdom governing the reparation and dissemination of financial statements may differ from legislation in other jurisdictions .

32

Charity Information

Custodial Member: The Rt Rev and Rt Hon Dame Sarah Mullally DBE (Bishop of London)

Founder and Life President: Rt Rev & Rt Hon Dr Richard Chartres

Trustees: (also the directors of the company) who served during the period and to the date of signing the accounts: Professor Joy Carter (Chair) Manveer Gill (Treasurer) Sophy Banks (resigned 13 January 2025) Theodora Cadbury Warwick Hawkins Julia Hoggett (resigned 14 December 2024) Stuart Taylor Alison Donald Clair Dorrian (appointed 2 March 2025) Professor Mark Owen (appointed 10 February 2025)

Co-Directors:

Tarot Couzyn Clare Martin

Registered office:

78 Bishopsgate, London EC2N 4AG Charity registration number: 1121983 Company registration number 6408424

Independent Examiner:

Cara Turtington FCA DChA, Saffery LLP, 71 Queen Victoria Street, London EC4V 4BE

Patrons:

Rowan Williams, Baron Williams of Oystermouth, former Archbishop of Canterbury; Rabbi Laura Janner Klausner, former Senior Rabbi, Movement for Reform Judaism; The Most Revd Justin Welby, former Archbishop of Canterbury; His Eminence Vincent Nichols, Cardinal Archbishop of Westminster .

33

Independent examiner’s report to the trustees of St Ethelburga’s Centre for Reconciliation and Peace (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024 .

Respective responsibilities of trustees and examiner

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’) .

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) . In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act .

Basis of independent examiner’s report

My examination 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 presented with those records . It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters . The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below .

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act .

I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies .

I have completed my examination . I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns 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 understanding of the accounts to be reached .

~~eae~~ Signed:

Name: Cara Turtington FCA DChA

Address: Saffery LLP, 71 Queen Victoria Street, London, EC4V 4BE

Date: 3 September 2025

34 c

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) For the year ended 31 December 2024

Unrestricted
Notes
Funds
£
Income from:
Donations and Legacies
3
253,418
Charitable activities
4
35,592
Investment income
5
14,264
Income from other trading activities
6a
2,267
Other income
6b
80,000
Total income
385,541
Expenditure on:
Raising funds
-
Charitable activities
7
371,087
Total expenditure
371,087
Net income before gains on
investments
14,454
Realised and unrealised gains/ (losses)
on investments
11
9,184
Net income for the year
8
23,638
Transfers between funds
(7,005)
Net movement in funds
16
16,633
Brought forward
2,644,543
Total at 31 December 2024
2,661,176		 Restricted
Funds
£
318,695
-
-
-
-
318,695
-
414,538
414,538
(95,843)
6,281
(89,562)
7,005
(82,557)
593,988
511,431		 Total
2024
£
572,113
35,592
14,264
2,267
80,000
704,236
-
785,625
785,625
(81,389)
15,465
(65,924)
-
(65,924)
3,238,531
3,172,607		 Total
2023
£
624,930
38,250
13,058
-
69,950
746,188
-
747,497
747,497
(1,309)
43,868
42,559
-
42,559
3,195,972
3,238,531

All of the above results are derived from continuing activities . There were no other recognised gains or losses other than those stated above . The attached notes form part of these financial statements .

35

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

Notes 2024 2024 2023 2023
£ £ £ £
Fixed assets
Tangible assets 10 1,655 4,138
Investments 11 469,785 454,320
Investment in subsidiary undertaking 12 1 1
Heritage assets 13 2,145,885 2,145,885
2,617,326 2,604,344
Current assets
Debtors 14 186,093 264,069
Cash at bank and in hand 404,947 389,219
591,040 653,288
Creditors: amounts falling due
within one year 15 (35,759) (19,101)
Net current assets 555,281 634,187
Total assets less current liabilities 3,172,607 3,238,531
Funds
Capital and reserves
Restricted funds 16 511,431 593,988
Unrestricted funds:
Designated funds 16 2,145,885 2,145,885
General funds 16 515,291 498,658
Total funds 3,172,607 3,238,531

For the year ended 31 December 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies .

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006 .

The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime .

Approved on behalf of the Board of Trustees on 21 July 2025 and signed on their behalf by:

Joy Carter, Chair Manveer Gill, Treasurer

The attached notes form part of the financial statements .

36

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

Note
Cash flows from operating activities

Net cash provided by operating activities
a
Cash flows from investing activities:
Dividends and interest from investments
14,264
Net cash provided by investing activities
Change in cash and cash equivalents in the period
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of
the period
b


a) Reconciliation of net income / (expenditure)
to net cash flow from operating activities


Net income for the reporting period
(as per the statement of financial activities)

Depreciation

Interest and dividends from investments

Unrealised gains on investments

Decrease/(increase) in debtors
Increase/(Decrease) in creditors
Net cash provided by operating activities
b) Analysis of cash and cash
equivalents/ net debt
At start
of
the period
£
Cash at bank and in hand
389,219
Total cash and cash equivalents
389,219		 2024
£

1,464
14,264
15,728
389,219
404,947









Cash
flow
£
15,728
15,728
7,551

2024
£
(65,924)
2,483
(14,264)
(15,465)
77,976
16,658
1,464		 2023
£
73,997
7,551
81,548
307,671
389,219
2023

£
42,558
3,310
(7,551)
(43,868)
79,118
430
73,997
Other
changes
£
-
-		 2021
£
404,947
404,947

37

St Ethelburgas Centre for Reconciliation and Peace

Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

~~1 Accounting policies~~

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102 – second edition) and the Companies Act 2006 .

The charitable company meets the definition of a public benefit entity under FRS 102 . Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note .

Going concern

The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern . The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period .

The trustees have reviewed the budget for 2025 and 2026 and while there may be fluctuations in income the Trustees are confident that reserves are sufficient to cover any potential shortfall in income over this period .

Group accounts exemption

The financial statements give information on the charitable company as a single entity . The charitable company is exempt from preparing group accounts because the income of the group does not exceed the threshold of £1m . Further details of investment in subsidiary are given in note 12 .

Income

Donation income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably .

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred . Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met .

Investment income is recognised when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest or dividends paid or payable by the investment fund manager .

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity . Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity .

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably . Expenditure is classified under the following activity headings:

Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose .

• Expenditure on charitable activities includes

38

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

the costs of delivering services, projects and educational activities in order to further the purposes of the charity and associated support costs .

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities . These costs have been allocated between cost of raising funds and expenditure on charitable activities on the basis of the staff time spent on the activity .

Operating leases

Rental charges are charged on a straight line basis over the term of the lease .

will be recognised in the statement of financial activities .

Heritage Assets

Heritage assets are the tangible assets of the charity that are of historical importance and are held to advance the objectives of the charity . The building is held at historical cost and is not depreciated as the historical cost is deemed to be at least equal to the fair value of the building . An impairment review is carried out annually and to date no impairments have occurred on capitalised items . The maintenance costs of these buildings are expensed through the Statement of Financial Activities .

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered . Prepayments are valued at the amount prepaid net of any trade discounts due .

Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £5,000 . Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life . The depreciation rates in use are as follows:

Fixtures and Fittings

25% straight line basis on cost

Garden Tent

25% straight line basis on cost

Office equipment

25% straight line basis on cost

Listed investments

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account .

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably . Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due .

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price . Any change in fair value

39

St Ethelburgas Centre for Reconciliation and Peace

Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

==> picture [499 x 19] intentionally omitted <==

----- Start of picture text -----
2 Comparative Statement of Financial Activities
----- End of picture text -----

Income from:
Donations and legacies
Charitable activities
Investment income
Income from other trading activities
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income before net gains on investments
Realised & unrealised gains on investments
Net income for the year
Transfers between funds
Net movement in funds
Brought forward
Total at 31 December 2023		 Unrestricted
Funds
£
214,643
23,190
13,058
-
69,950
320,841
-
278,489
278,489
42,352
20,082
62,434
-
62,434
2,582,109
2,664,543		 Restricted
Funds
£
410,287
15,060
-
-
-
425,347
-
469,009
469,009
(43,661)
23,786
(19,875)
-
(19,875)
613,863
593,988		 Total
2023
£
624,930
38,250
13,058
-
69,950
746,188
-
747,497
747,497
(1,309)
43,868
42,559
-
42,559
3,195,972
3,238,531

40

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

==> picture [513 x 20] intentionally omitted <==

----- Start of picture text -----
3 Income from donations and legacies
----- End of picture text -----

Donations
2024 Donations >£5,000
Tides
German Church
Kalliopeia
Porticus
Arts Council
Garfield Weston
Camelia
Fetzer Foundation
Kitchin Trust
Donation from trading subsidiary
2023 Donations >£5,000
Tides
Kalliopeia
Porticus
Arts Council
Garfield Weston
Camelia
Fetzer Foundation
Kitchin Trust
Donation from trading subsidiary		 Unrestricted
£
253,418
-
-
-
-
-
12,000
-
15,544
210,648		 Restricted
£
318,695
43,414
12,959
144,202
80,000
-
30,000
-
7,870
-
-
Unrestricted
214,643
-
-
-
-
-
-
-
14,703
179,270		 2024
2023
Total
Total
£
£
572,113
624,930
43,414
48,037
12,959
-
144,202
116,297
80,000
80,000
-
1,498
30,000
25,000
12,000
10,000
7,870
116,775
15,544
14,703
210,648
179,270
2023
Restricted
Total
410,287
624,930
48,037
48,037
116,297
116,297
80,000
80,000
1,498
1,498
25,000
25,000
10,000
10,000
116,775
116,775
-
14,703
-
179,270

41

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

4
Income from charitable activities		 4
Income from charitable activities		 2023
£
38,250
38,250
2023
£
5,507
7,551
13,058
2023
£
-
-
2023
£
69,950
69,950
Training, consultancy and event Unrestricted
35,592
35,592		 Restricted
-
-		 2024
£
35,592
35,592
5
Income from charitable activities
Interest receivable
Dividends receivable		 Unrestricted
6,647
7,617
14,264		 Restricted
-
-
-		 2024
£
6,647
7,617
14,264
6a
Income from other trading activities
Venue hire
 Unrestricted
2,267
2,267		 Restricted
-
-		 2024
£
2,267
2,267
6b
Other income
Management fee from trading subsidiary Unrestricted
80,000
80,000		 Restricted
-
-		 2024
£
80,000
80,000
7
Expenditure analysis
Salary costs
St Ethelburga’s Centre
Depreciation
Independent examiner’s fees		 Charitable
activities
Unrestricted
£
154,159
206,487
2,483
7,958
371,087		 Charitable
activities
Restricted
£
216,340
198,198
-
-
414,538		 2024
£
370,499
404,685
2,483
7,958
785,625		 2023
£
330,855
407,532
3,310
5,800
747,497

42

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

==> picture [511 x 19] intentionally omitted <==

----- Start of picture text -----
8 Net income for the year
----- End of picture text -----

2024 2023
Net income for the year is stated after charging: £ £
Depreciation on tangible assets 2,483 3,310
Independent examination fee (Incl VAT) – current year 6,678 5,800
Independent examination fee (Incl VAT) – prior year 1,280 -

==> picture [514 x 19] intentionally omitted <==

----- Start of picture text -----
9 Staff Costs
----- End of picture text -----

Gross Salaries
Social Security Costs
Employer’s Pension
Number of Staff
Average number of staff		 2024
£
328,358
28,598
13,543
370,499
2024
No.
9		 2023
£
285,303
28,387
12,165
325,855
2023
No
9

No member of staff received emoluments of more than £60,000 in this year (2023: None) .

The total employee benefits including pension contributions of the key management personnel were £125,794 (2023: £96,833) .

The charity trustees were not paid or received any other benefits from employment with the Charity or its subsidiary in the year (2023: £nil) neither were they reimbursed expenses during the year (2023: £nil) . No charity trustee received payment for professional or other services supplied to the charity (2023: £nil) .

10
Tangible Fixed Assets
Cost
At 1 Jan 24
Additions
At 31 Dec 24

Depreciation
At 1 Jan 24
Charge for the year
At 31 Dec 24

Net Book Value
At 31 Dec 2024
At 31 Dec 2023		 Garden
£
16,498
-
16,498
16,498
-
16,498
-
-		 Office
equipment
£
16,980
-
16,980
12,842
2,483
15,325
1,655
4,138		 Plant &
machinery
£
75,173
-
75,173
75,173
-
75,173
-
-		 Total
£
108,651
-
108,651
104,513
2,483
106,996
1,655
4,138

43

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

11
Investments
2024 2023
£ £
Market value of investments at 1 January 2024 454,320 410,451
Additions - -
Realised and unrealised gains 15,465 43,868
Market value at 31 Dec 2024 469,785 454,320
Historical cost of investments 274,113 274,113
Investments are held in multi asset funds managed by CCLA in the UK
12
Investment in subsidiary undertaking
2024 2023
£ £
Investment at fair value:
100% share capital of St Ethelburga’s Centre (Trading) Limited
1 ordinary share of£1
Balance at start of the period 1 1
Balance at end of the period 1 1
St Ethelburga’s Centre (Trading) Limited was incorporated on 28 July 2016, Company registration number 10300521
(England and Wales) The entity is controlled by St Ethelburgas Centre for Reconciliation and Peace who owns
100% of Shares in St Ethelburga’s Centre (Trading) Limited
2024 2023
Profit and Loss £ £
Turnover 305,154 268,071
Expenditure (94,506) (88,801)
Surplus/(deficit) before taxation 210,648 179,270
Taxation - -
Surplus/(deficit) before donating profits to the parent charity 210,648 179,270
Balance sheet £ £
Debtors 1,879 1,954
Cash at bank 238,098 299,135
Creditors (239,976) (301,088)
Net (liabilities)/assets 1 1
Called up Share Capital 1 1
Profit and loss reserves - -
Total equity 1 1

44

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

==> picture [511 x 21] intentionally omitted <==

----- Start of picture text -----
13 Heritage assets
----- End of picture text -----

2024 2023
£ £
Freehold property at cost 2,145,885 2,145,885

In addition, the charity owns church silverware, a 17th century gold chalice, a door frame and a painting all considered to be of historic interest . All are held securely, most being stored off-site . In accordance with the charity’s accounting policy, these heritage assets are not included within the financial statements as due to the historic and unique nature of the assets concerned conventional valuation approach lack sufficient reliability .

The capitalised asset is the building which is deemed to be of historic interest due to the history of the building . The property is held at historic cost and not depreciated as the Trustees believe that the historic cost is less than the fair value of the building . The building is reviewed annually for impairment . As well as being accessible by members of the public attending events at the Centre, the building is open to public visitors every week as well as for a monthly eucharist service that is open to all . The garden is open to the public at all times while the Centre is open .

The Trustees have no plans to acquire any heritage assets and there have been no acquisitions during the year (2023: none) .

14
Debtors
Amount due from subsidiary
Prepayments
Accrued income		 2024
£
182,803
575
2,715
186,093
 2023
£
257,402
4,413
2,254
264,069
15
Creditors: Amounts falling due within one year
Aged creditors
Accruals		 2024
£
18,930
16,829
35,759		 2023
£
-
19,101
19,101

45

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

16 Movement in Funds- 2024

Unrestricted funds:
General funds
Designated building fund
Restricted funds:
LDCCJU
People of the Earth (Tides)
Lifelines (Kalliopeia)
Lifelines (Garfield Weston
Foundation)
Communications and Research
(Kalliopeia)
Reconciling leaders (Porticus)
Moral Courage (Camelia Foundation)
Moral Courage (The Fetzer Institute)
Building maintenance fund
Peace Internship (German Church)
Other funders
Total Funds		 As at 1
January 2024
Income/
Gains
Expenditure
/ Losses
Transfers
As at 31
December
2024
£
£
£
£
498,658
394,725
(371,087)
(7,005)
515,291
2,145,885
-
-
-
2,145,885
2,644,543
394,725
(371,087)
(7,005)
2,661,176
245,089
6,281
-
-
251,370
30,255
43,414
(43,928)
22
29,763
45,914
117,202
(100,500)
22
62,638
22,448
30,000
(17,126)
-
35,322
18,500
27,000
(26,000)
-
19,500
47,129
80,000
(65,694)
6,402
-
4,200
-
(4,200)
-
67,837
120,420
7,870
(128,849)
559
-
59,487
-
(14,736)
-
44,751
546
12,959
(13,505)
-
-
-
250
-
-
250
593,988
318,695
414,538
7,005
511,431
3,238,531
719,701
785,625
-
3,172,607

46

St Ethelburgas Centre for Reconciliation and Peace Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

16 Movement in Funds- 2023

Unrestricted funds:
General funds
Designated building fund
Restricted funds:
LDCCJU
People of the Earth (Leathersellers)
People of the Earth (Tides)
People of the Earth (City of London
Corporation)
Listen to the Wold (Arts Council England)
Lifelines (Kalliopeia)
Lifelines (Garfield Weston Foundation)
Communications and Research
(Kalliopeia)
Reconciling leaders (Porticus)
Moral Courage (Camelia Foundation)
Moral Courage (The Fetzer Institute)
Building maintenance fund
Peace Internship (German Church)
Total Funds		 As at 1
January 2023
Income/
Gains
Expenditure
/ Losses
Transfers
As at 31
December
2023
£
£
£
£
436,224
340,923
(278,491)
-
498,658
2,145,885
-
-
-
2,145,885
2,582,109
340,923
(278,491)
-
2,644,542
221,303
23,786
-
-
245,089
4,000
-
(4,000)
-
-
21,494
48,037
(39,274)
-
30,256
2,091
596
(2,687)
-
-
4,973
1,498
(6,471)
-
-
39,640
88,297
(82,023)
-
45,914
15,670
25,000
(18,222)
-
22,448
-
28,000
(9,500)
-
18,500
56,825
95,060
(104,756)
-
47,129
-
10,000
(5,800)
-
4,200
140,108
116,775
(136,464)
-
120,420
107,757
-
(48,270)
-
59,487
-
12,086
(11,540)
-
546
613,861
449,136
(469,009)
-
593,988
3,195,170
790,059
(747,499)
-
3,238,531

London Diocesan Council for Christian Jewish Understanding:

At the invitation of The Bishop of London (former), St Ethelburga’s has taken on responsibility for the management of funds held by the London Council for Christian Jewish Understanding . These are shown in the accounts as a restricted fund . Four Trustees act as members of the Council . Initially the Council provided funds to enable St Ethelburga’s programme of Jewish Christian activities to be expanded . Grants are also made to other organisations .

Transfers between funds

Transfers are made where there is an overspend on a project and there is no prospect of future funding .

47

St Ethelburgas Centre for Reconciliation and Peace

Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

==> picture [514 x 19] intentionally omitted <==

----- Start of picture text -----
17 Analysis of net assets between funds - 2024
----- End of picture text -----

Fixed
Assets
£
Unrestricted funds:
General funds
1,655
Designated funds
2,145,885
2,147,540
Restricted funds:
Others
-
LDCCJU
-
-
Total
2,147,540
Analysis of net assets between funds - 2023
Fixed
Assets
£
Unrestricted funds:
General funds
4,138
Designated funds
2,145,885
2,150,023
Restricted funds:
Others
-
LDCCJU
-
-
Total
2,150,023		 Investments
£
218,416
-
218,416
-
251,370
251,370
469,786
Investments
£
209,232
-
209,232
-
245,089
245,089
454,321		 Current
Assets
£
330,979
-
330,979
260,061
-
260,061
591,040
Current
Assets
£
304,389
-
304,389
348,899
-
348,899
653,288		 Current
Liabilities
£
(35,759)
-
(35,759)
-
-
-
(35,759)
Current
Liabilities
£
(19,101)
-
(19,101)
-
-
-
(19,101)		 Total
£
515,291
2,145,885
2,661,176
260,061
251,370
511,431
3,172,607
Total
£
498,658
2,145,885
2,644,541
348,899
245,089
593,988
3,238,531

48

St Ethelburgas Centre for Reconciliation and Peace

Statement of financial activities (incorporating the income and expenditure account) Company Registration No: 6408424 (England and Wales)

18 Financial commitments At 31 December 2024 the charitable company had had no aggregate annual commitments under non - cancellable operating leases .

cancellable operating leases
Amounts payable under operating lease commitments:
1 year
2-5 years
Total		 2024
£
-
-
-		 2023
£
-
-
-

19 Company Status

The charity is a company limited by guarantee . The members of the company are the trustees named in the financial statements and certain former trustees .

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity .

20 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes .

21 Related party transactions

Donations totalling £nil were received from Trustees (2023: £nil) . Expense claims totalling £nil were paid to Trustees (2023: £nil) .

At 31 December 2024 an amount of £182,803 (2023: £257,401) was due from St Ethelburga’s Centre (Trading) Ltd, the subsidiary of the Charity .

There were no other related party transactions in the year (2023: none) .

49

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