THE PCC OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST MARY THE GREAT WITH ST MICHAEL Finaneial Statements For tht ytar tndtd 31 Dtctmber 2024 Re8lStered Ch#rity No 1127668
The PCC of the Etelt5ig$tical P4rish of Cambridge St Mary the Great with St Michael PCC Report For the year tllded 31 Dt¢ember 2024 PCC Members dllrin2 the year.. Chair .1 he Rev'd Canon Juita Brueck Vicar Oiher Cler and Licensed La Mini. The Rei,'d Shirle) Iloldcr 1.ht Rt% d Ctri Pane l-he Rei,'d All). Barrrll Th¢ Re% d Dr Clare gtephenson Dr David GTummeii er Senior A5515lanl Curaie Assisiani Curaic Ass()cial£ Vicar Assisiani Curaie Licen5¢d l.a). Minister Resigncd 3111012024 Resigned 0810912024 AppLiinl¢d 2910912024 Apwinied 3Q10612024 Churchivardens Margaret Johnsion Fiona Comish Deane ,5 nodRe resentsiii'es Andrew, Di)b51)ll Aishwan'a tiristlda Jacob KiTsien WJison Co-o led Members Marion Cobby Juliti Jacks'on Andr¢i¥ Wat50n Taliiha Monigome]) House Liz Ome SeLreiary and Vesir), Clerk Assi5tani Churchmarden Assi$iani Churthwarden Co-opied 1010612024 Co-opl¢d In10612024. resigned Olll 212024 Co4>pied 1010612024 Resigned 1210512024 Co-opted 1010612024 Eltthed Me171bers Alex Courtne> Graham Day Kale t)enmead Virginia Dtnmead Nick Den)'er Clio I.-dgIDgn MiLhael Sianlo Allen CJoodchTrld Ma11in Ilouse Mdr8ÉifLI In8r31 Gillian W'eale Richard Widde55 Elecied 1210512024 Trea8urer Elecied 1210512024 Resigned 2511012024 F'leJ¢d 1210512024 Elethed 1210512024 Resigned 1010612024 Elecicd 1210512024 Elected 1210512024 ali¢ on-voiin Kale Baird Alexander Berry. Re¥. d AndTei& Da), Marianne Ilirizel Dafydd Rus5¢11-lones Revd Alison Kenntd), A(tele Regan Richard 8urnmers Benedici Todd ance Director ot'operaiiuns t'rom 0111212024 Director ofMusiL AciinB DirLLlur ofoperaiiLTrns beiwLtn 1510Y12024 and 0111212024 Youih and C'hildren Minisier 10 1910.%12024 A$s()ciale Pri¢s1 frnill 0511212a23 Youth and ChildrL'n Minisier 10 0311112024 t)ir¢clL)r i)t'Operaiions Iv 15109121124 Interirn l)ireclor i)f Mu$ic tv U7101ll024
The PCC of the E¢clesi*stital PxTish of Ca¥nbridge St Mary the Great with St Michael PCC Report For tht yeAr ended 31 Dec¢nJber 2024 Addré5$= Greai Si Mar) s. I'he Unil'ersit), Church Senaie IIoLJse 14111 Cambridge CB2 3PQ Regi$tered Charity No.: 127668 Auditors.. Siatlords ChaneTed Accounlanis ljnil I Catnbridge House CamEoro Business Park oakinon Road Girton CB3 OQH Banks: HStSC Bank. PO Box 85 CIN. Office Cambridge CB2 3HZ Saniander UK plc. Bridle Road Booile Mer5e)side 1.30 4CJB
The PCC of the Ectlesiastieal Parish of Cambridge St Mary the Great vdith St Mich8el PCC Report For the ye¥r ended 31 Dteember 2024 A Brief history of tht P*ri$h of St Mary the Great witb St Micbael Greal 41 M8T> S is one uf the ancieni pari511 churches of C-ambridge. daiing probablv troiii heli>re Ihe Nariiian C()nquesl in lQ6(>. In Ihe 13th ¢nlurJ Iht p3lronag¢ ol-lhe living Irlien knoivn as Si-Mary-bk-Ihe-Mark'eil ilas in Croiwn hands.. bul in 1342 1.'di4ard 111 granl¢d il In his Trei loiindaiion of King b Hall. In 1546 T4tnn Vlll niergLd Kino s Hdll iiilh MiLliJelhouse 10 fomi l-riniii ('olltge. Trinii) C'ollege is still pairoTr and la%, rLLittr ot'Grcdl Si Mary. 5. The Cliurcli has be¢n servcd since Inedi¢val Iiiiiis bv curates. ierniLd Vicdr sinle 1867. Great Si Mar¥ s liab been the Church of'iht lJniver%ii) of Cdmbridge sin¢¢ scholar5 fiTsI arrived in the cil! in aboul 1209. The C hurch %%&% the hi)Ire ot. lectures. semons. digpulalions and de¥ree c¢r¢moni¢s held b). Ihe University, for several centuries. Soin¢ uDiveT5ily teretncinies c()niinue 10 be held in it. Cireat St Mar¥ s has come 10 b¢ r¢cognisLd as Iht cii'ic Church ofcdmbridLTt. ie patronage tst'sl MiLliael s M'as iinciently in prii'aie liands.. bul iii 1323 143rvey de Sianlon atouirtd il and gal'e il 10 liis ntw college. Micliaelliouse. Wlien Kqicliaelhouse and King s 14all ¥sere iiici'ged. 'l-riiiily ('oll¢ge be¢aiii¢ palTun dnd lay reLIoT OI'SI Michael s. Tlie incuiiibenl ofGreai St Mary. s becaiiie Vicar ofsi. Michael s from 1908 and Ille parishes '¢re uniied in 1954. Structure. GovernaCe and Management I'he PCC continns th Ihe annual rerort and audiied accounts Compl iviih (he requirements ot'ihe Chari11¢5 Act 2011 and the Charili¢g SORP II.'RS 1021. Governing Dorument The PaTochial Church Council is a cortK>Taie bod), esiablished by the (.'hur¢h of EDgland ihe PCC operdles under th¢ PaTOthial Churth Council Powers Mea8urc119561. Retruiimtnt and Appointrnellt of PCC The appoinimeni of pcc. Inetnbers 15 governed bv and 5¢¢ out in th¢ Chur¢h Representation Rules120201. Elecied members are elected b), Ihe F.l¢cli)ral Roll membership ai Ihe Annual Parochial C hurch Meeiing. Training of PCC mtmbtrs Appropriate Iraining on IhL rolL of ihe PCC and the responsibililiLs ol'irkisiees is proi'ided as necessary,. All PCC Membe are required io undergo Safeguarding training. Risk Management I'he PC'C period7eall)' rL'iieii's the mdjor risks 10 i%'hiLh the Charil) is exposed. Where appropriate. s)si¢ms or procediires have been established 10 miiigaie Iht risks Ihc Charit) laces. ThLse PFOiedurLS are PLriodicdll) reIe%%.ed 10 ensure ihei Loniinue 10 Ineei Ihe needs ol. Ihe Qh8JilJ. Orgknisational Strueturn & D¢ci5ion Making The diTr¢rs¢ aciii'iii¢s ol'tireal Si. MaT%' s lincluding lis role Ilnii'ersiN & cl1¢ cliurchl Jnd Si. Mi¢ha¢l i lincliiding Mi¢ha¢lhouse Late and eDtr¢l are managed in an iniegraied wa). wilh Iht PCC being the bod) Iiliiinaiel), responsible for 51raleg> and management. In vrder to carry oui iis atms and ObjeiL. Ihc PCC has esiablished subgroupcOMmiliees (all 01-'h)Ch report io the PCCI iu manage and owersee ihe folloiiing pvlici dre8S'. Finance and Fabric Safeguarding SiandTrngCominiltee Wnrkirtg Groups WidLr Concems F.nwiTonmeni Group Children's and Youih Peoplts, ad%'isDry group
Tht PCC. of the Ec¢lesia5tical Parish of CAmbridgt St MAry tht GreAt with St Mi¢hAel PCC Report For the year ended 31 Detember 2024 Org8nisational Structllrt & Decision MkithE Itont. The PCC lakes dLisiong for th¢ parish R[m)nsIbIlIt for day lo day op¢ralion of the parish 15 dele¥aied 10 the re]Lan1 siatl'and cler. The commillees of the PC(. r¢vieiw needs. prepare proposals. and submit rep011s lo the PCC for illformalioD and approval. PCC metnb¢r5 are either elected. co-opied or are ex ollicio. Tht tlecied membtrship is drawn from Ihe F.Seciordl Roll. l)Ihers aiiend PCC medings b!, inltaIlOn bul do noi have i'oiing righis. tsLILh as iht DireLI(Ir of MusiL and Diieciur ol-ChuTch Buildings and Operdtions. Working Broups are sei up as nece5sarv And th¢ PCC liaises 'Ith the TTusiee5 01-lThe Friend5 of Michaelhou5¢. Church SLhools of Cambridge and oth¢r partneTS necessar).. Staffing The Reverend Can()n Jutla Hriie¢k 14'ag instiluied as Vicar in %eplanber 2023. The Reverend Alli, Ilarrell joined as AssDci21e Vicar in 8eptemher 21124. 1.he Reerend C'eri Pa}n¢. a sell'_supwriing C'.urdie. had been co-upi¢d 10 seri'e ai (ireai Si M1). s from Sepieiiiber 2023 until AuEiisi 2024. Ai the end of Jijne 2024. the Retrend Dr C lare Siephenson joined LJ5 as an Assisiani Curaie. Part-liille non-5tipendi&pJ' Associate Prie¥is. Reierend Andre. l)a%' and Rei'ercnd Alison Kertned). wniinued 10 provide miich needed support during what has been a period of CODsiderable chaneL in Ihe clcroi. team. Rel'erend Shirle% Holder reliTed in OLtober 2024. Ai the >e?r % end. Ihe Minisll) Tt¥m eompristd ihe Vitar. one A&go¢iait Vi¢Jr. one Curai¢. iivo pari-lime honorary As¥ociaie Prieas. a p3rt-liine paid la> Children N Minisi¢r and I)T David GTUn7ett. who been a Licensed La!, Minisier I0]Untary basis) ai Great Si Mary % $inc¢ D¢c¢mber 2022. Th¢ DiTe¢ioT ofMusiL partl¢lPdles ill Ihe wider Ministry Tewn. Ai the end ol'lhe year. the full.lime Itwn-¢lergyl team comprised Ihe Dir¢Cr of Musi¢. Church Op¢raiions M3118ger. Shop Manager. Buildings super149r. plu% Froni ofchuT¢h Assisianls. The part-IiTne siaff in¢lud¢d the Di¢¢ior of Church Buildings and ()p¢raiions. Organisi and Assi51ani Dire¢ioT of Mu5tc. Music and l.ilurg) Adminislralor. choir Ste¥4'ards. Finance Manager. Sunday VeTger and tekend Froni ofchur¢h Absistsnis. Volunleers have played a signifi£ani role in 5upponinB our acti%'ilie& ihis Near. and we Bre gra*ful li)r their conliibuiion. P3J and remuneration of'iioti-cl¢rgJ Sk)fl'is deitmiined b} rtuummtnddiion froni th¢ Financ¢ aiid Fabri¢ Comniinee and approved by the PCQ as pan of lh¢ bud8eiary proc¢ss. The ¢ommiiiee r¢%'i¢%vs LM)mparablt areas ofpa) and us¢s Ihest io mak¢ lis r¢comm¢nd8tions. Siaff Iroining is arranged ab praili¢4lly and Ihrough oui JDinl Anllual Revie, pro¢tss. There is a s)si¢m of fomial annual reiii¢l and re8ular line manageTnenl meeiings lor giaff. Related partie5 Greoisl. MarJy'5 Trfiding Lid. (Compani, Number 12785697) lial Si. Mar), s Tradtng l.ld is a Irading eompan!. owTred and esiablish¢d b%. Ihe PCC as a %'¢hi¢lt for managin¥ ihe a¢iiviii¢S of the Mi¢haelhDu5e Caf¢ and Cenirt in Si. Mitha¢l's Church. Ihe CthTllP3ny employs Wi150n Vale Lid lo operate lh¢ cale on il$ behalf. TheSociÉiJp oIC&mbridge Youih& Ihe SC"Y is an indep¢nd¢ni organisaiion H'hich accepis ttswnsjbilit), lor rinssng the bells ofGreai Si Mar!, 5 for SuDdg}' Services. Ilniv¢rsit Serlices (along iviih Ihe Cambridge UniieTSlI), Guild ol'change Ringe) and oiher special oLcasions. Ihe Societv ivas founded in 1724 and is the iii)rld-s seLond aldesi bLII ringing gÉ)tiel) li iih a conlinui?us hisior¥. Reeular praeiices tire nornialli held on Monda). evensngs and iher¢ is a IKLM.rshIp ol'around 25 iyh() re8ularl% ring ihe hells. Public btnefil The PCC has paid due rLgard to ihe Chdrily Comtnission guidanee on puhliL benelil in deLiding whal aLliiiiies the Chariiy should undertake.
The PCC of the Ecclesiasfical Parish of Cambridgt St MAry the Grt#t with St Michael PCC Report For the ye¥r ended 31 Dettmber 2024 Objef tive5 and aims Tht parish of Si Matv the (ireal Jnd Si Micliael 15 locaied in ilie Ii¢an ot'c'ambridge. and 'tireal Si. Mar) 5 Is th¢ Ilnii'¢rbln' iind ('ivic church. Lomrniiied 10 providin¥ 8 ¢¢ntr¢ ot'lkOTship. celebraiion and i¥'tlcome- a place tor exploriD8 and living oui faiih. undertak'ing adi.ocaci'. 5UPWrting Socidl ju51ice and proMoiin8 an inclusive vision of socidv. This mission shapes and direcis our aciiviiies. Athitvtments *nd performance As o DfiiJor.¥hip. prawr. hospiiolifv tsndsei'vieÉ, i¢ye seek iopromuie ihe Gospel of ('hrisi 111 0ts1'p(Jrish, IlnivÉi'sity. City iijider Ivoj'ld. Il/e Gre hounditr2Éiher bi,.f&iih. luvt ondRJiulual.Fupp(?ri, .Ftri'lviS lo respecl IindathJoL'ulE [01. allOF1é andfoi. uui. emiirunnienl The church conlinued its barious &ll111t5 and sou8hi Iv conlinue 10 develop. adapt and innoiJaie 10 achieie Ouliornes thai help il a¢hiei'e lis obje¢iives'. Bgariilg lijii¢s$ Ip oAidprovidiiigopFurriifrii£iesfor ("Iirisiiafri WorslTIP The C'hurch has offer¢d thret seThi¢cs tN¢ry Sunda) (plus Maiiins onLe a monihl. Tber¢ is also Morning Prayer. Monda) 10 frida. ¥viih ? Euchari on a Wednesda) lunLhiime land other Red L¥ttL'r da}5 Ii'here possible) plu$ oihLr oLeabional services. Our seTriees are li51[caMed 10 YouTube. Wt lio%1 an innoi'aiive Children s Tuesday Conimuiiion Senrice (The Ark} And d loddleT and carergroup. Chat-Plgy- Sing. both of whicli have been i¥'tll aiiended. Heartsei%e. Mhich proiides an opportunit> for engaging with %tudents and yong people has conlinued lo meet regularly. We alsu vner a regular opportunil) for our congregaiion and nthtr% 10 practi¢¢ Chri51ian Mediiation as part ofour Monda) lunchiitne Chrisiiaii Medilalion (ir()up. We have ho51ed other services and activities such as LJttiveryity. Civic and Carol Services which have been well allended in person and online. EITgogiKgii'iih diidsiipporiiiig rlje life of11 Ciiiiofctsnibridge. lis ljiiiversiEiJopidResideiiis There have been g numbtr of 5Cial serviees o%.er the year. whi¢h ive underfake as part of our rol¢ in siippo¥ting ano d¢v¢loping Ihe diverse and ried life of Ihe ("ii) and Ilniiersil! of Cambridge and ils residents. I hese 1cluded-. The Chei'in Setrnvn. a RemembranLe Da) beriiee. th¥ High Sheriff 4 JusiiiL S¥Tri¢e. Ilniver%ilJ Sennons and our Iradiiional C3Tols %en-ice lor ihe UniNersily stall.. We again ivelcunied the idried IDcal organisaiion5 who USE the church lor iheir annual caml services. We held very well attended {oi'er 1.000 people) carol services. We were again pleased to be able to ollir tire¥1 Si. mar % as a ene for Iht pr¢senigtion ol'ihe tlriit%li Eiiipire Mtdal b). the IA)rd l.ieuien4nt of L&mbrid8eshire. In Septenikr we hosted The Church TiTnes Festival ol'Pr¢a¢hiM8. a veTy SULeesbful three day cnnlerence based in the Church. and itt Nember one da), conf¢ren¢< iiiarking ihirty ytyais uf wonien b OTdinalion as priesls. Also in November. Ive hosted Unilersily Graduaiions in the Lhuwh. The choirenjoyed a very successful lour io Cjerniany in Jul) 2024. We have cvniinued lo develop aur relationship lib various parts ol'ihe Univ¢rsii} 3nd wniinue 10 wvrk 'ith College D¢ans and Chaplains lo explore our joint n?ini5try can be lurther developed. The church hD5 continued its strong and supportive relationship iviih Park Sireel School for ii'horn Il proi'ides governors and scts ofcolleLtive 'orship. The s¢hi)ol nomially uq¢% ih¢ church for signifieani uLtasions such markin8 (he beginninB and end ofi'm and sa)in8 fartwell 10 leavers.
The PCC" of the Ectle$i85¢ical Pari5b of Cambridgt St MArJ the CreAt with St Mithatl PCC Report For the ytir Èndéd 31 Deeembtr 2024 Athitvements performance Iconi. I lThe church urgani5es a serie* of tree lunchtime •)IiL%rts providing a lacilil> for rtsidenis and l$ll0[S and opportuni1> for musiL2ans 10 shoi%case their tal¢ni%. ThLse hai'L been iiyll attended. hale our once a month lunchtime concerts in Michaelhoufe. We also Tnake the ¢hur¢h land Micha¢lhoust ¢hanLell dl'ailable lor paTmership events and tor hire as a a)ncert. meeiing and leaure venue. We are proud of our rnusical Iradiiion. Our choirs sUPPX)rt our wotship and PTC)I'ide an opportuniti lor a 8igniticant nU[nr ot'p¢ople (including i'oung people) 10 deltlop iheir musical sk'ills. We dr¢ gral¢ful lo Alek Ilerrk. oui. Diirclor of Music his learn. tor building on the strong irddiiion and dLvel()pin8 il in th¢ las1 }ear. ()Lir i)rrliesira. Ili¢ Acadeiii! of Greai Si Mdr¥ s. gave d seritb of ionLerts. inclLidinB the usual C'hrirnas one iiiih ih¢ choirs. MiLhaelh()U5e cafe is opernied on k.hall'ol'our trdding comp8n}' by conlraci LaiereTb. Wilson Val¢ l.Id. W¢ work c105¢1) togeiher lo prni'ide a sale and welconiine spaee IUT II)Ldls and i i511or% Ic? enjos nur cal¢. ¢ngagc 'ITh us and elplore Ili¢ir faiili in i'arious wavs_ Ihrough our hospiialii).. talk-s and ev¢nt5. •hibiiions and the opportLJnit) 10 Lise the Ilerke> De Sianion Chapel for quiet pral'er. Wc have iak'en a conscious decision lo fo¢us on developing Michaelhouse as a resource for sharing our faith and tngaging wilh visiiors and ihL' loLal communilv. Developiiig otiV.41Iiiisiry 10 I isiiors GIen our prinie localion in LBmbridge. engagemeni wilh visitors is a ¢or¢ pari of i)ur minislry. In rt¢eni years. vur visitor numbets lo the LhurLh have exceeded 300.UOO. Uur Michaelhou%¢ cafe is popular iviih iiisiiors and locals alike. Supiiurfiiig So¢iGIJIisllCg GIRrOOI¥T8 lii£.ltr$iv¢ I isioit ofSocieiJ' he Wider Qoncems C'ommiiiee organise special colleciiuns ai eaeh tnajor feslil'al on behdll'of third parties for charitBble Ork locally and oi'erse&4. The Ire parfiLularl)' 10 SUPPOrt I'ery poor families oi'erseas to help them tecome sustsinable. 2nd Ii)call) thmugh ('amhridge Aid. Whiiii'orth House and Rvm5e) Mill io help those stru88lin8 iiith the COM of liking crisis and domesti¢ abuse. Major collectioiis i¥er¢ held duTln8 Ihe v¢ar for humanithrian aid partiLularl} for Ilkraine and the Middle Easi. At 14arVe ¥v¢ supponed the chrilan Aid appeal for trasnin8 fam)ers copin8 IlIh the de%'dslaliTrg e17ecis ol'climate change. Ill cv-uperation with ('.gmb¥idge4Elkrain¢ and Ihv CaTnbridge Relugee Resettletnenl Campaign are providing support for Ukrainian refugee laniilies 3nd hai'¢ he14 four very suicessful lea partie5 Ii>T Iheni. We Lontinued lo pio%'ide a relail ouilel for sales goods in suppon of Partners lor Change. Ethiopia. We sold Chri51mdS tards in 3id of charilie5. 'e held seweral ¢oll¢¢iions for IhL cbridge Lily Foodbank and also supported Cambridge gtreei Aid and WinlerE))mlurt. As part ofihe Cambridge Churches Ilomelessness Projt¢L and in ¢0110boraiion iwiih It Takeb a Cil) and thre¢ ColleBes. again arraTrged six SupP[S for ihe homele55 ai Crossii'al's lbICh ntsiv proi'ides aceon)mvdaiion and support for li1¢ni homeless people each ThinlLI. Cliildivji aiid l ¢)iiiig People (..hildn and Young People dre a lundJrnentall}' important pan of our cburch conirnunity and our ministr) to chtldren and young people has ¢QDlinui'd 10 bL' SiJPPQTicd b> man) volunteers (lur las Ministrr tnr Lhildren 8nd Young Peopl¢. gen¢TousI) supported b), a resiricitd di)naiion. has ¢onlinued lo develop our offering for families and 10 esiablish Michatlhouse as a base for this ii'ork. The Ark and Chai-Play-Sing have proi'ed pular iiiih jounger children and thetr ¢ar¢rb We otrer a youili gr¢)up fur Ihvs¢ a8Ld 11-18. Church SLhuols of C'ambridge hJve conlinued to suppori our iwrk iviih children and )-oung people and are grateful lo them. The Youih. Choristers (Boys Bnd Girls) and Junior choirs pn)i'ide a solid niusi¢41 ¢ducaiion and oihtr opporlunill¢S lor young people ivheiher or nul Ihey are oih¢riviye InoI¢d ii'iih Ihe church.
Tbe PCC. of the Ec¢lesi$titg1 Pxri5h of Cambridge Si Mgry the Grtat with St Michael PCC Report For the ytr tttded 31 Deeember 2024 Athievement5 and ptrforrnan¢¢ IciTrDI.I £diiivlioii, HeriiL7%e tsiKI ilte £vr111£1il ()ur engdgernent i¥iih Ihe cnt'ironmLni. educalion and heriiage IOrk ha5 continued. Natalie Lealand jnTned us in Janua[> 2024 and has Lonlinued to huild on OUY ¢XiSlin8 Telaiion5hip ii'iih Park Sireel School. ii'ilh a Ciodl) Pla). based assembl). edch wrek. 85 ilell Bs exiending our educaiional ITering to oiher 151118 schools. We hdie i%Elconied Ioc21. national. and iiiieriiaiional edueaiional group lor iours. ialk5 alld auii'iiies. and also 5pok-¢ aboul our heritage and tni'ifEinmenial p¥iorilies for Open C'ambridge and ihe Alumni F'esiii'al (e ii'ill giiL talks OD susiaTnabililJ for Ih¢se evenis in 20251. W¢ hai'e deli%eTed lamil> ¥ivnls during the school holida}'s including. niosi reEenil)'. an ei'enl as parl uf'l %lI1¥h1 at the Mu5¢UTns. V4here ive ii'elci¥iiied oi¢r 80 people lor activilies. dnd rnore as Pdrt ol'lhe Schola Canloruni s firsl'come aiid Sing Loinpline. We are dppl>ing for funding io.%uptKTrrt the dei'elopnnI of eco-lhemed touchscreen5 tnr the church. ( oi?ceriifor rlie FJtViroJimertl I'he Environment (iroup's m¢mb¢rs are a¢iivt in rdising awartne55 of environmental issues and have ivvrked N¥'iih viheT gTOUPS and ihurihes across the cii}' io r¢spond 10 and highlighi l'1[0nrnents1 i55ue5. We have undcrtaken an ELV SuT%E)' i11h lh¢ Longregotion. Ihe tesult5 of i4.hich enable us io plan rulU envirLinnienlal allTenesS programtnes.-Ihe church has begun lo plan for a long-lertn sustainable soluliull for our healing needs and has engaged i¥iih oihers in the Uni%'ersity and the Q ii) to explare i¥a)s ol'laking this fDrwArd. We iurrenlli hold silver Eco chrCh siaius and are eonlilluing 10 mrk loiyards the Gold. sufegiiurdi$ SafegutTding has coniinued 10 b¢ a high prioriiy. The Safeguarding ConiTninte. which tneeis every livo monihs. reportiMg 10 the PCC. ensur¥b Ihai praciices and procedures arv Tel'ieii'ed and up-daled. Training for Siaff and volunteers has ¢onlinued and we have ivorked 10 raise a,arenesS of SAfegu3rding reswnsibililie5 across the organisation. Biiildiiig CoffjwiiiTIJ? QFidPusioral l are During 2024 14'e coniinued dticlop of suppurtlTiB and enBdBin8 Il'iih ihe ¢huT¢h ¢OTlltnunil)' and proi'iding pabloral care. Weekl) online studj hous¢ group meclings form iTnportanl part in nunuring taiih. Ei'enls such a5 I1 talks (this yearon Sustaining Lreaiionl. Ihe Woiiien and Men s breakfasls ire held in person. A pastoral care group. i¥hich includes clerg!. and a le&ni ol-volunteers liave provided pasiornl isiis and have kepi in touch Mith Ihe congregation in r$on. by telephone Rnd ihrough our online neIletter. Dgvélopijig Corninuiiicalioii We hai'¢ coniinued 10 explvre i4d)'b of engaging iiiih our man). iisiiurs. Our social media presence continues to be pupular and efteclii'e. pri)viding opportuniiies tor people lo learn 1110re aboui tlie kariiiu% aspecis ol-ollr laiili coiiiniunit}. Tlie emag pevple fortnighily. and our lbsite trBtYic is substaniial i¥ith someliines over a thousand visits a Mtek E11511riiix otsi'SiJsiÈnt$4pKd Proc'esses iJJ'¢ Fiifor Pull3 We have coniinued 10 Te¥ieiv vur Sysletns. prucesses and procedures Dnd haN'E bought new equipmenl and 50thYare 10 5UPPOrt ihis ivhere appropiiaie. Principal risk5 and vnrertaintits The prittcipal lillancial T15k 15 iftheTe lo be Lircumsiance5 in %vhi¢h ihe 1014rr or cal'e hlld 10 be closed lor a lime. We hai'e reieIE1 our sysiems. processes and Sthliinp. l'e1$ and Lvnsidered ho io dii'ersify. OUF incume streanis.
The PCC of ihe Ettltsiastic41 Parish of Cambridge St Mary the Creat with Si Michael PCC Report For th¢ year ended 31 December Z024 Financial Revtew Ihe incojne dependeni on i'isilc)rs incrL'as¢d bi I IO/ts_ priD¢ipall!' in Ihe shiTrp. Ilnr¢%tricled donatiDn£ and le¥a¢ies 14'eTe up hul thi5 in the m&n duL ill an incrL'ase in grant5. '1'he cos1 of running th¢ ihurch increased bl. alin051 8 third during Ili¢ N'ear. principall). siatf cosis needed 10 I'un our variLd PTi>gTammt ofr dclivilies 4nd mainienance our hisioric building.-I here i¥as aD unresirictcd siirpliis tor Iht Jear ot'£55.279 excluding de%ignaled fUlld. Ivhich enabled us 10 rransler £30.000 into ihe d¢signaied fabric lund. During Ihe year we repaid the lirsi insialmeni ol-lhe ¢ongregalioDal loans iak'en oui io fund the re-rooling ol'ihe Svuih AislL. this also ineani i%e 'ere able 10 f1nall) eliminaie the delicii on Ihc Roof 'LJnd. We piiirhased a nLi% iniesiixeni piY)p¢rtJ Using the fuDd5 genernied th¢ Ll)iiipulsn4 purchase ul-a prop¢n% in th¢ prei.ivus )'¢ar dnd s¢1 up a nLi% dLsignaicd fund to r¢lleu Ihe (osl of our ini'esimeni properti. Overall. vur free reSer¢S iw¢nl up b!. £14.823 l¢aviiig a ioial of £290.712 t(>ward5 our targei Irtt reseri'es o1.£500.000. We are graieful tar resiricied dondlii>ns lur our ii'ork iviih child and to upgrade our livtreaTn1Dg. W¢ conlinu¢d lo us¢ g¢n¢TOUS donaiion5 in PTe%ious )'ears foT our work. M'ith ¢hildren. assisiani organist and choir robes. The PQC paid in full the requ¢s1¢d Minisir) Share. There were 5TrgniliLani expendiiufL% on Tepairs and itnprovernents duTlrtg the year. which have depleied the desi¥ndled MiLhaelhoube Fund and eaien into Ihe designaied FabriL Fund. As menliontij in previous y¢ars ive are am'are that over ihe next 4-5 )'ears li'e hawr 10 Spend 5ev¢T31 hundTed Ih()usand pounds on repails 10 the iowcr and North Aisle roof. This year S dLcounlS again includ¢ the trading subsidiary. sei up io run tlie iafe in Michaelhouse. it coniribuled £46.808 10 Ilie churcli. Cjoivg concern Due 10 a signilicalli increase in Iht Minisin. Share brough alK>ut b) the neil Associate Vivdr wsi the church is budgeiing a small delicil lor 2025 bui Ihe'frusitts are conlideni ihai IhL' church has 5ufrfici¢nl rcserv¢5 and continuing income strewns lo continue a5 a guin8 con¢eTll. Principal funding sL>brces The major regul wurces of tunds tor noriiTral operaiions coniinue 10 be charitable donations fi'oin C'hurch IKember5 and tharges madt to visitors 10 Llirnh the lower and from ih¢ Sale ot'gifls and knoks troin Iht shop. W¢ continue 10 receive a grani from Ihe Ilniw¢rsil> renis from Ihe inN¢stm¢nl propertits. Invesimerti policv Grtal Si MJry & re%eTI'e5. eNcludiiig ihob¢ Iiii-esied in invesliiJeni as.%tis. are iniJe>ied in low-ri5k d¢posii aLcounis. Reservespoliay £500.000150 Ihai li can coniinut 11s ihariiahle purposes sh()uld IhLrL bL a significant reduLliDn in tht income trom visiiors i%ho coniribulL in exce5S Ot'60Tr/o ol-lhe ioial inc(>lnL in a naTmal )eaT. Ai th¢ ¢iid ol'ihL' vear the churLh had buili up free resL'rves vf £29(1.712 tn(I luoks io build ioi¥ards Ihe re&Lrves iai-oei in I'uluri i'ur%. Investments Tht charii) held properties and a small portfolio of gitled sliare5 a5 iniesimenis lor annual renial. dii'idends and capiial groi¥ih. Volunteer5 The ChuTch coniiniitd lo rel), on volunittrs ihrokighoui the year in addition 10 Ihe paid siaft-. li is nai possible ID quaniif) their eftorts. bui thei, we greail) appreLiaied.
The PCC of thè Ettlt5iastieal Pari%h of Cmbridge St MAry the GrtAt with St Michotl PCC Report For the year ended 31 Dectmbtr 2024 Futre Developments Tlie aptK)inimeni of a ne¥1 i'itOT hos enabled us to focus on Strategic priortties.. Revieiving and adaplinB l)ur capaLity and slruclures. so thBI i?ur organisalion is fil for prse Deieloping the minTrs1Tr team lu Ser¢ Ili¢ niibsion of (ireai Si Mgri, s in conieniporary %oLi¢l> Continuing and dei'eloptnB our role as a plaLe ut-1()rShlp dnd Ihri%'ing Christian cummunil). pruviding a a[l ivelcutne lor all %4'hts ish io join us DeclpIng iia)s lo help penple engage wilh (he c.hristian faiib and ilq relaiionship 10 (he important topics of (he da> Building our relaiionship u'iih the Universii). Ihe Cli) and ils rLsidenis so Ihai wt can be reswnsive io Iheir needs and 'ork posilivLI Iwiih Ihern in oiir role as Ihe C I&iL and l.',niveTSSiJ ChuTch C'onlilluing to improve our ministrj of ¥4clcome 10 vur many ls110r$. including developing Ihc rvle ofvvlunieLr ivel¢omLrs ContiMuing TO ensure thai SafeguaTding processes and adminislralion are robustlj carried oul and policies and practices reviewed Undertgking a comprehensive rv%'iei and update ofall our policies Reyieiving our communications function ConiiKuin8 10 dei'elop the niinisiti of worship. study and pastoral care for children and young people Building our stran8 relaiionship t¥iih Park SITeei SLhool Rdising aisdrene55 of 5ucial and enwironmenial issues and M'orkinB Inward£ Gold F.¢n church statu% lonlinuing to develop our inltmaiional and UK mi5siull parinLrships and fund-raising O¢1ii'ilie%. and 5r)ciul iniliaiive5 SULh 85 Ihe Cambridge hurehe% Homtl¢%sness projeci in collabtsraiion iviih eight churches and a sJn3gogue 'ork clo%¢lJ i¥iih WTlwn Vale 10 develop the caté and other laciliiies ai Michaelhouse as a resource for sharing our fRilh and engaging ivTrih 'isitors 2nd lh¢ local Community Iniegraiing our ECI.AS grdnl lunded project i¥orkinB ivith our other education and heritage work. engaging with schoo15 and others io explore i8eS 8round su5ts1abl11tj and climate change To play our Tole in 1sideT church nehrkS and the Dio¢¢se Stalemtnt of Trtsstees, Rt$pon$ibilities 'rhe Irusiees are responsiblL for preparing the Rert of the ITU51ees and the finaDcial 5tal¢rn¢Dls in aLcordance with ¥¥plicable law and United Kingdom Ac£ounling Stsndards (Uniltd Kingdom (jeneral1 Ac£epted Accounting Practice). Th¢ law applicable 10 charities in England and Wales. Ihe Charilies Aci 2011. Ch11! IAcLounis and Rewrtsl Regulaiions 2008 and th¥ prols1On5 ol-lhc ITUSI Deed requirL IhL Tru%tees lo prepare finanLial slal¢m¢n15 lor each finantial )ear which giv¢ a tru¢ and lair vi¢¥4' ot'ihe siaie uf atfair5 of Ihe Lharity and ihe income expendiiure. of (he Charitrj. tor Ihdl period. In preparing Ihose linancial siaiemenis. the Trust¢e4 ai'¢ Iruuired to.. lerl suitable ilWOVlltiDg policie5 and Ihen applk Ihem consisienily.. obserle the mL*ihod¥ dnd principl¢s in th¢ Charity SC)KP. mak'e judgeinenis and tilnaiLs thai are reasonable and prudeni: prepdre the linanLial slal¢tnen15 on the going con¢¢rD basis unless it 15 inappropriate lo presume th rhe Charitv ill tonlinue in busint$s. The Tru%tees are resrK)nsible tor k'eLping proper aLCOUntinB reLoTds i%hiLh diselosL wilh reasonablL aLLuracy ai an) lilnt Iht tinanLial p()silion of Ihe ('harii)' and 10 inahlt Ihcm io ensure thai IhL linzncial stalLrnLnls cotnpl). Ivith IhL Charilies Act 2011. the Charill IALC()unlS and Rep()rtbl egula110ns 2008 and thc PTON'isions ofih¢ Trus1 r)e¢d. 1.hey are alsTr responsihl¢ 101 5aleguarding th¢ a55e15 af th¢ Cliarit), and henc¢ lar tak'ing reasonable steps tor th¢ pr¢venlion and detection of fraud and other irreeularilies. Approved by Ilie PCC on 2 April 2025 The Revd Canon lutia Brueck Ichairl
Independent Auditor's Report to the Pxrothial Churth cOuClI of the F.cclesiastical Parish of CambrÉdEt St Mary the Great with St Mi¢hgtl Opinion We h&vL audiiLd the financi&l siaiem¢nis ot'ihe Parochial Church ofihe Ecclesiasiical Parish ol'cambridge Si Marv Iht Greai wilh Si Michael and 11% undertoking% lor IhL' lear ended 31 1)ecemhtr 21124 ¥4'hich comprise the C'onsolidated Siaieinelll ol-Financial Actiiiit1¢5. Siai¢m¢nt of FinanLial Actilibe9 l()r the PatLnl Chariti. Consolidaied BdlanLe Sheet. Balance 8heei foi IhL Parent C harit). Iht C&sh Flow Staieireni and relaied notes. including a suinmaTh of signilicani accouniing polici. These financial siaiemenis have been prepared undeT the hisioTII ¢051 (Y)nv¢nlion and ihe acrounling polici¢s Set out Iherrin. In our opinion IhL linancial.slaiement%'. gil't 3 tre and fair i'iew ol'ihe slate ot. the pareni charii!, and its suhsidian, undertak-ings alTair5 at 31 D¢¢emh¢i 2024 and of ils inLoihing re50urce5 and applicaiion of rcsources in the )'eas then ended., cornply 14.iih Ihe rÈquiremntS Dl. Regulalivn 15 and ihal the wnsolidaled balonc¢ sheel gi¢5 3 true and fail. I'iew of the st3te of afiairs ol'ihe P3Ttnl chèriil ai Ihe end ol'the financial }ear and Ihai ihe consolidaied SOFA gives a true and Idir vie1¥ ot'the loial incoming res()urtLS Ot-the par¢nl charity and its subsidiary undeitak'ings and movetnents in the total resources of the gTUUP in Ihe relei'ani year., have heen properl) prepared in accordance i¥iih the requiremtnis ofregulation 8 of ihe Chariiies Aci 2011. Basis for opinion We conducied our audil in acLordance 'Ith Inl¢rnaiional Siand&rds on Auditing IUKI IISAS IUKII and applicable law. Our respon5ibililies under those siandards aTe funher destribed in the Auditor$ resp()nsihililies for the Éiudil of the Findntial Statement& section of our report. We are Independeni of the charii!. in accordance wilh the eihical requiremenis thai are relevani 10 our audii of the linancial 51al¢Tn¢nts in the UK. inLluding the FRC'5 1.'thical Siandard. and th¢ provisions al'ailahle tor sinaller eniiiies. in Ihe Lircumsi2nLes set oul in Noie 16 tu the Financial 8iaieTnents'. and 'e hai'e fulfilled our oiheT eihicdl respOsibIliTIeS in accordance ¥¥iih Ihose requirements. We bclteve thai ihe audii evidence %¥e have obiained is suffici1 and appropriate to PT()vide a ba$is Ivr our opinion. Con¢lusiohs relating to going concern auditing Iht tinancial 51aiemenis. I4L have Concluded thai the tTusieLS' use of Ihe gi>in8 con¢eTn b15 of accounting in ihe preparation vl'ihe fintiaL Slateinen15 is appropriate. Based on Ihe Moi'k i¥e hai.e perfomitd. 'e have nal id¢ntiti¢d an) rnaierial uncertainti¢s relating li) ¢i'en15 or wndilions ihal. indiliduall! {)r colle¢liv¢lv. Inak Last signilicani doubl over IhL charii) s abilii) 10 eontinuL as a goinE LonLern lor a pLriod 01. least 12 tnonihs firm i¥hen the tinancial siaietnenls dre duihori5¢d tor issue. Our restM)ll5ihilili¢s and th¢ reswnsibiliiies ofiht irusiets iiiih respeci 10 going concem are describtd in the rtlel'ani sections of (his rerM)rt. Other informatio The other inforiiiaiion compiises the infoFmatinn in¢luded in the annual repori. other than th¢ financial siat¢men15 and our audiloe5 r¢port Iher¢on. Ihe Irusiees responsible for Ihe other inloTmaii(Jn Loniained wiihin Ihc annudl rewrl Our opinion on the financial statements does noi coi'er Ihe oiher inforinaiion and. ekCePI 10 Ihe exieni oihenwise expliciil siaied in our rewrt. 'e do noi express an), fonll of suranCe conclusion Ih¢reon. Our respon5ibilii> is lu read Ihe other inforrnalion and. in doing 50. consider ¥vheihLr Ihc oiher infoTmaiii)n is maieTially inc()nsisieni wiih Iht linancial slal¢menlS or tsur kni)wledge obiained in Ihe audit. or oihen%isL appears Ic? b¢ mal¢rialli' misslal¢d. If Idtil Such malrrial incon5151enci¢s (Ir dppdrent material Inissiaiernenls. lie Fequired 10 dei£rinine i¥heiher this gil'es rise lo a maierial iiiissiaitineni in the tinancial siaiemenis Ihemseli'es. It.. based on the %vork i¥e hai'c PLYlonned. LonLlude that There is a material rnissidl¥tn¢nl of this ()Iher information. 'e are required lu rep()rt that la¢l. We haTr¢ nothing io report in ihis rtgard. Matters oll which wt #re require41 to report by exteption e have noihing lo port in resp¢cI of ihe following mailers where ihe Chariiies Aci 2011 requires us 10 repoi1 10 JOU if. in our optnitsn.. Ihe inlormaiion given in Ihe Report ot-the Trusices is ineonsisicni in an) maierTral respeci iNiih the tin8neial siaitmcnis: 01 suITi¢i¢nt accounitng records have noi bLLn kLPI in acLx)rd2neL iviih s130 0l.ihe C"hariiies Aci 2011.. or Ihe findnLldl btaiem¢nls or¢ in agiyeineni iviih Ihe aLcouniiTrg records and reiLJrns'. or ¥e hai.e iioi receii'ed all Ihe infoiinaiion and ¢xplan3lions Iv HhiLh lie enliil¢d undrT regulation 33 tor our audil.
Independent Audltor's Report to the Pxrg¢hial Chureh Couneil of the Eccleslastiefil Pari$h of Cmbridge St Mary the Great with St Michael Re5pon$ibilities of trustees As explained more fvlly in the stat¢tn¢nl of Trosiees Responsibilities, the trustees are respons2ble for the PTepaTation of the Financial Siaremenis and foT being satisfied tbal they give a true and fair view. and for such internal controls as rhe tNsiees deiertnine is necessary to enable the Preparation of finan¢ial statements that aT¢ free frotn material misStat¢m¢nt, whether due to fraud OT emr. In preparing Ihe finan¢ial statements. the trusttts are rewnsible for assessing the chariils ability to continue a5 a going conceTn, disclosing, as applicable, mairers related 10 going concern and using the going concern basis of accounting unless (he trusiees either intend 10 liquidate the charity. or cease operaiions. orbave no real2$ti¢ alternative but to do $0. Our rtspon$ibilities for the aud5t of the flnantlal ststtments Our ObjriveS are 10 obtaitt reasonable assurance aboui Whc1h rhe finanaal siatemenis 2s a whole are free from mateTial Tni5Stat¢Tneni, whaher due ro fraud or TT, and to 155u¢ a report of the Ind¢peDdent AuditOTS thai includes OUT opinion. Reasonable 2ssuran¢e is a high level a55urance. but is not a guarhniee thai an audit conduct] irt accordance with ISAS (UK) will always dclect a material missiatemenl when it exists. Misslatemenis can arise from fraud orem)r and are considered materiaI if, individually or in aggrcgare, Ihey could reasonably be expected lo influ¢n¢¢ the economic d¢cisions of useTS taken on th¢ btsis of these financial statements. Details of ihc extent 10 which the audit was considere41 capable of detecting irregularities. including ud and non compliance with laws and Tegulations ar¢ set out below. Most transactions are rewewed during the audii as extensive analysis of eosis is required in accounts preparation. The extensive nature ofihe aceounis preparation WQTk rnns thai we can place more reliance on the figures and therefore tonsidei the ovtrnll risk of the iTr¢gulariti¢s io be low. Maierial items have b¢w agreed back to base documenlaiion, and where appropriate to the minutes of the meetings of the Parodjial Church Council. Audit procaures perform during the audit included transaction testing wilh a focus on areas of judgent and estimations, and entties dettTtnined to be large OT relating lo unusual irans2thions. These audit proceduT¢S are dIgned to provide reasonable assurance that Ihe Finat]cial Statements weTe free from fraud or error. However, dereciing Ie8vIantieS thai result from fraud is inherently more difficult than deiecring Ihose thai result from ¢T, as those irregulariiics that result from fraud may involve collusion. deliberate concealment, forEery or intentional misrepTesenialions. No instances of non compliance with laws and regulations OT of were communicata to U5 during th¢ audii. A further description of our r¢5ponsibilities for the audit of the financial statements is located on the Financial Reporting Coun¢il's website ai www.frc.org.uklaudiiorsresponsibTlilie5. This d¢scriplion forms part of the r¢pon of the Indwendenl Auditors. Other Matters There are no other tnatters to report. Use of our report This report is made solely to the charity's tTusiees, as a body, in accordallce with Section 144 and 151 of the Charitie5 Act 2011 and r¢gulatlOllS made under section 154 of that Act. OUT audii work bas been undertaken so Ihat we might siaie to Ihe chariils ITugiees th05¢ matters we are required 10 state 10 than in an audiiofs, Teport and foT no other PUTpose. To the fulle51 ¢Kteni penniited by law, we do not acc¢pl or assume responsibility lo anyone other ihan the charity and the charItS trusieets as a body, for our audit work, for Ihis repon, or for the opinions we have fotmed. Date.. N4otthew P¢ltifer FCA Insiitute of Chafter&l Attounianl$ in England and Wales St2ffoTds Chartered Accountants Unit I, C3Tnbridge House Camboro Business Pa] Oakinglon Road Gifton, CB3 OQH United Kingdom /t/:<
The PCC of the Ectlesiistital Parish of Carnbridge St Mory the Great with St Michael CoD501idaied Statement of Fih*ntlAI Attivitits inc(krpor&tillg tht Intome Exptllditurt Attount For the year tndtd 31 December ZOZ4 Unrestritttd Funds Restricted Funds Totgl Fvnds 2023 Funds Z024 INCOME FROM Note Donalions & legacies Oiher tTading activitie5 Income from in%'Lsiinenis Oiher incoming resources Incoine trol chariiable acii%'iiies 203.950 1.164.008 56.106 2.646 22.837 94.860 298.810 1.164.008 56.106 2.646 22.837 197.150 1.094.616 50.266 1.269 16.149 TOTAL INCOME 1.449,547 94.860 1.544.407 1.359.451) EXPENDITURE ON 544.205 898.579 58.761 602.966 898.579 477.869 827.297 1.079 Raising fund5 Other expenses TOTAL EXPENDITURE 1.442.784 58.761 1,501.545 1.306.245 NET INCOMEIIEXPENDITUREI BEFORE UNREALISED GAINS ON INVESTMENT ASSETS 6.763 36.099 42.862 53.205 Realised gainFJlloss¢sl on inwesimeni &sseis in )'ear 65.500 Unrealised gainslllossesl on invesitnenl Se1$ in y¢ar Funds transferred in )'ear 5.388 1 5,388 NET MOVEMENT IN FUNDS Balan¢¢5 broughi fon¥ard ai l January 2024 1.492 1.406.687 41.487 141.020 42.979 1.547.707 118.703 1.429.004 BALANCES C.ARRIED FORWARD AT 31 DECEMBER 2024 1.408.179 182.507 1.590.686 1.547.707 Ihe noies on pagL% 17 10 31 lurrn part cil'ihL' linancial SlaienientS
StAttment of Fin2Ncilll Activities ineorporAting the Intomt ind Exptthditurt A¢eount For tht year ended 31 Detember 2024 Unrestritted Funds Restricted Funds Total FuDds 2024 Total Fund5 2023 ITrICOME FROM Note Donations & l¢gaci¢s OiheT trlidinE til,11]eS Incorne from inktsiinenis Other incoining r¢5011r¢¢s Income from chariiable aeiiwiiies 209.443 473.317 57.413 2.646 22.837 94.860 304.303 473.317 57.413 2.646 22.837 203.793 426.238 51.472 -269 16.149 TOTAL INCOME 765.656 94.860 860.516 698.921 EXPEDIT[[RE ON 548.955 206,508 58.761 607.716 206.508 481.869 159.337 1.079 Raising funds Other expenses TrAL EXPENDITURE 755.463 58.761 814.224 642.285 NET INCOMEIIEXPENDITUREI BEFORE UNREALISED GAINS ON INVESTMENT ASSETS 10.193 36.099 46.292 56.636 Rtaliged gain5111oss¢s1 cin invesiment as5eis in year 65.500 LJnTealised gainOilosscsl on ini'esiment ¢15 in year Funds iransferred in year 5.388 1 5.388 NET MOVEMENf IN FUNDS BalanLes bruughi foniard al l January. 2024 4.922 1.397.724 41.487 141.020 46.409 1.538.744 122.134 1.416.610 BALANCES CARRIED FORWARD AT 31 DECEMBER 2024 1.402.646 182.507 1.585.153 1.538.744 I'he n01¢5 on pages 17 10 31 t(Irin part ol'ihe linancial sldiemcnts
14. The PCC of the Ec¢ltsiastitl Prish of Cambridge St Mary tht Gre4t wtih St Mi¢bael Consolidated Balan¢e Sheet As It 31 Dettmbtr 2024 2024 2023 Noie Fixed Assets Fix(ur¢5 & fittin85 38 Eachard Road Ilreehttldl I'.lal I l. King F.dward Ilause 1]LhOldI Fixed asset investments 30.696 600.000 353.500 3.130 16.288 600.000 3.013 987.326 619.301 Current Assets Dehiors Gifi shop stock. Cash ai baMk and in hand Bank d¢posiis GSM TTaOinE bank io 46.591 44.398 77.257 511.688 27.052 54.764 33.183 51.624 859.480 31.222 706.986 1.030.273 Creditors.. Amounts falling dllt withi ohe yvAr 103.626 1 76.867 1 Net Currtni Assets 603.360 953.406 Creditors.. Amounts falling dut in mort thgD one year 12 25.000 1 TOTAL NET ASSETS 1.590.686 1.547,707 FUNDS Ilnreblrict¢d I'und5 Propeffj. invLsimLnt Bain reserve Nun-chari13blt trading funds Iolal unrLsiricied funds Restricied 16 809.346 593.300 5.533 1.408.179 182.507 804.424 593.300 8.963 1.4ll6_687 141.020 1.590,686 1.547.707 The nolcs on pages 17 to 31 form part of'ihe linanLial siaieillenls APpied b!. Ihe Parochial C'hurch Council on 2 April 2025 and sip)ed on its behalt'bv.. Ihe Rei,d Canon Jiiiia Bru¢ck (Chairl
The PCC of the Etole51aStjf al Parish of Cambridgt St Mary tht Great with St Mithxel Balance Shttt As ¥t 31 Dt¢ember 20Z4 2024 2023 Note Fixtd Assets rikiures & fiiiings 38 FdLhard Ruad Ifrteholdl Flai I l. King Edward Hou5¢ Ileas¢holdi Fix¢d a$5ei Ine$1rnets 26.488 600.000 353.500 8.648 600.000 3.014 983.119 611.662 Curren¢ Assets Debtors Gift shop slock. Cash ai bank and in hand Bank deposiis io 80.575 44.398 77.257 511.688 72.420 33.183 51.624 859.480 713.918 1.016.707 Creditors.. AmouTrts fallihg dut within one year 64.625 1 Net Current A55ets 602,034 952.082 Crtditors= Atntsunts fg11ing dut in more th#ll ytar 12 25.000 1 TOTAL NET ASSETS 1.585.153 1.538.744 FIINDS 16 Unresiricied funds Prop¢ny in¢s11n¢t gain reserve Toial unresiricied fund5 Resiricied 809.346 593.300 1.402.646 182.507 804.424 593.300 1.397.724 141.020 1.538.744 S'lit noles on pages 17 10 31 lurm part vf Ihe linanci3151alitnents Approi'ed b) Ihe PaTOLhial Church Cvuncil lin 2 April 2025 and Signed on il% behall-b}': The Re%,d Cani)n lults BTU. (Chairl
16. Tbe PCC of the Ec¢lesiastital Parish of Carnbridgt St Mary the Greal with St Miehael Stxtemeni of Cash Flows and Consolidxted St#ttnJent of C)sh Flows As at 31 Deeembtr 2024 2024 2OZ3 Croup Charity Group Ch4rity Note Net c#sh used in operating actrvitits 6.850 1 1 3.986 11 97.552 11 84.097 1 Cushflowjfrgni inveslin8 oaiviiies.. Inieresi and di¥'idend% PuT¢hase of ¢quipmeni PurchasL of filed ds5¢1 inve51ineni Disposal of fixed 8SSLI inlesimeni Propert) renial incotn¢ 24.974 22.085 1 1 353.500 1 1 26.280 22.085 1 353.500 1 25.438 26.644 365.500 24.828 3(15.500 24.828 Net tash prtsvÉdtd by invtsting a¢tivities 319.479 1 1 415.766 416.972 Change in cash and tash tqutvklent5 in the year 326.329 11 322.159 1 318.214 332.875 Cash and cash equivalent brought lur¥vard 942.326 024.112 578.229 Cash tAsh tquivllent c¥rri¢d forward 615,997 588,945 942.326 911.104 Recontiliation of ntt rnov¢ment ID funds to net cash flow from oper*ting Activitres ei mtsi'einenl in funds Adjusiinenis for-. Deprtciaii()n charge5 Dividends. inleresi and rtnis Irom invesiinenis ain on dtswsal ol'ini'esimenl pr()periie5 Rei'aluaiion tsf ini'efilm¢ni properties Rti'aluaiion ol'ini.estments Ilncre3s¢I ID stock's DeLreast in dehioT5 Increase in creditor5 42.979 46,410 118.?04 122.135 7.677 56.106 11 4.245 57.413 1 1 8.309 50.266 11 65.5N I I 4.877 51.472 1 65.500 1 26.180 11 75.483 11 9.374 1 77.627 1 1.759 22.259 1 Net tash lu$ed in) I provided by operating aetivities 6,850 11 3,986 11 97.552 11 84,097 1
17. The PCC of the Ettlesiastiral Pxrish of Carnbridge St Mary the GreAt with St MichAel NOTES TO THE FINANCIAL STATEMENTS For tht ytir tndtd 31 December Z024 I Ikgal Form Ihe Parochial Church CounLil is a ¢orporair knd} ¢51ablished b} the Church ot. England and optraie5 under the Parochi&l Church I'0"¢r5 Measure 1956 as currenilN' arnended and The Church Repres¢nialioD Rules as currenilk am¢nded. The Church Wardens Measure 2001 is a150 applicabl¢. Ihe chui¢h Ib a regisierLd chariij regisiL'red in England and Wales number 1127668. ThL addT¢$$ 1$ Cireai Si Mary s.'I'he Unli,eil), Church. Senaie House Hill. Cambridge. QB2 3PQ. 2 Accounting Policies The principal accouniing policies adopied..judgeni¢nl$ 3Dd k'ey 50UTCCS of¢51itnalioD uncertainty in the pr¢pwation of lh¢ tinancial slai¢m¢n15 as tollo¥vs'. BASIS of preparAtion The linancial siat¢illenis hai'e bttn prepared in aeLordanc¢ iih the l.'hurch AcLounling Regulation$ 2006. itsgetheT With FR8 102 lh¢ Financial Reporting Siandard AppliLdhlL in the IIK and R¢puhlic of Ireland" and Sialetnenl of R¢catntnended Prarlic¢"A¢c()unling and Reponing by Charilies" FRS 102 120191. Great Si Mar) s PCC me$ the definition ol-a public benefil eniiij under FRS 102. The linancial stai¢menis have been prepared under the hisioiical LOSI conveniion excepi lor invtsimeni properties Mhich are shown ai market value. Going Contern B*$i$ The PCC considers Ihai Iht going Loncefft hasis is appropriate as ih¢J considtr the res¢Tr¢s lei'el% and ¢xpected gi% ing and oihtr income 10 be al suificienl levels 10 ensLJre ihai Ihe PCC cdn mtei TIS linancial oblig&ions lor Ihe nexi 12 10 18 monihs and on Ihai basis Ihe PCC is a going concern I'h¢r¢ are no maieria1 unceftainiies about the PCC'S abilitv lo continue. Fund5 Generdl lunds represtnl the lud¥ (Trl'ihe PC.C. thai dre noi subject lo an). reslriclions regarding Iheir use and ar¢ availahle for application on Ihe genLral purposes ol'iht PCC. Funds de&ign&ilLd lor a partlU1a[ purpn5e b) the PCC. are also unresiriLied. Th¢ accounls inclLJde all Iransacii()ns. asseis and lidbililies for iihiLh th¢ PCC is responsible b) la. The!, do nvl include the acLounis of¢hurLh group5 thai 0¢ their Inain at'liliaiion 10 another bod%, nor those ihai art intomJ81 gatherings ol- Church members. Income Inu)mL is TeLogn15ed 14heD the PCC has thiiileineni 10 Ihe lundb. an) ptrforinance condilions aiiached 10 the iiemlsl ol'income habe bLen mci. il is prc)bable thal the incoine i11} be received and ihe amoLJni can be MeUred reliabl!.. l ulmnlarv iRtcnnTe 1117dcapiial sources Loll¢divDs are iecognised 14 hen Fetiii'ed b), or un behalt'of ihe PCC. Planned CJIlg receii'2hle under covenani is recogiiised onlv i¥hen receibed. Income lax recovLrablL on cowendnls OT gift aid donations 15 fLcognised iwhen incoin¢ 15 recogni5¢d. OihEI' i17conie renial inLoine Irom Ihe letling of Ihe ¢hurch preiiiis 15 r¢cogni5ed ishen ihe rental 15 due. Gift shop and 1014.er inwmt is reLOEniscd nei ol-VAI'. lnc'oiyiefi'oi imEsiiiiefr71s Interesi eniiilemenis arL accuunled fi)r as tliei accrue. Gi'uiii itTcnnie (irani income is rLcogni5ed h¢ the PCC is legally eniiiled io Ihe incDine and li can be measured is ith reasonable ceriainiy.
The PC'C of tkne Iccle51AStical Parish of Cambridge Sl Mary the Great with St Michwel
NOTES TO THE FINANCIAL STATEMENI'S
For the year ended 31 Dectmbtr 2024
Legaq, inconTe
lor IL'gaciets eniiilem¢ni is iaK'en as Ihe earlier ol'ihe date on ii.hich eiiher.- the PC'L is aii'are ihai proba1¢ has been granied. the
estate ha5 b¢¢fi finali%d and noiificaiion ha% beeii Inade b}. (he l..xeciiior5 [() Ihe Trust ihal a distrihutii)n iiill bL' madL. or iihLn a
disirihulion is reLLivLd frotn the E%tale. R¢ceipt i)t'a legacy. in i%hulL or in part. is only considered probable i%hen ilie amouni can
bt Measur reliabl),.
Tr(7ding ik7cnnie
the Ir&ding income ol-lht subsTrdiar) is measured ai ihe lair value of Ihe consideraiion re£eived or receivable. eXLluding discounls.
reb&e5. value added ia¥ and oiher sales iaxes.
Resources expended
GI'L715
Granls and donations are accounitd for ¥%,hen paid over. f>r when aiiarded. it'ihat aivard cr¢at¢s a binding obligalion on the PCC.
Arlivilies dirEcilvrelGling lo ihe 11'0rk of Ihe Churcli
Ihe diocesan parish share is acLouniLd for iih
19. The PCC. of the Ecrlesiasti¢al Parish of Cambridge St M#ry tht GTtit with St Mithatl NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Dettmber 2024 Subsidiary Cjreat Si Mary's Trading l.imited 15 14'holl%' oii'ned b). Ihe Charity and consolidated %siihin ihese accounis. Great St Man S-I rading l.Id. companj number 12785697. is a curnpan) limii¢d in l-.ngland. Ibe regisiered offic¢ is Cireal Si M3r%'5. Ihe UniTr¢rsiiy Church. Senate House Hill. Cambridge. C'B2 3PQ. Consolidation All item5 of incotning re8ources and res1)urces expended are shoii'n gross afier iht removal ofinira-group iransaciions. Where InLOlftng resthurcL'S or resources expended ar¢ ol'a siimilar aciivilj in the Subsidiar these hae becn included 1th1n ihe swn¢ categori in the partni charill.. Pension cost5 The PCC Ll)nliibules io an Auio-EDrolineni pension scheme on behalf of ils Lmployees. This is a defined conirtbution pension scheme. Coniribulivns are aLc(>unl¢d for i¥hen pajable.
20. The PCC of iht Ettle5iastical Parish of Cambridge St Mary tbt Great with St Michael NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Deeember 2024 3 Inromt from= Ptir¥nl Chuy'i rAITdils subsidiui uilderiakin Unrestritttd Funds Rtstridtd Fund5 Totil Funds 2024 Toial Funds 2023 Don&tions & leggcies PILdgtd giNing and donaiioDs Tax recoTrerable Callections Boxes Univer&il) grdnis Lisied Places ofworship Scheme Cjranis Church Schools of CambTidBt Cifdnl College and other gran15 99.549 20.348 6.454 8.475 38.503 1.828 24.999 3.794 203.950 82.725 1,074 182.274 21.422 17.515 8.475 38.503 1.828 24.999 3.794 298.810 140.458 22.743 17.595 7.729 3.495 1.336 3.794 197.150 94.860 Other trading artivilies Concerts & el'enis Cafe sales Hiring income Toiver and shop 10.940 695.735 722.911 9.095 419.821 1.164.008 722.911 9.095 419.821 1.164.008 376.058 1.094.616 Income from investmtnts Iniertsl dnd diNidends Property renial 24.974 24.974 25.438 24.828 50.266 56.106 56.106 Itb¢ome from tharitxblt ActÉviti¢5 Church leiiings and tees EduiAtion SI MiLhael 5 lic¢nse fe¢ 21.862 755 220 22.837 21.862 755 220 22.837 15.760 169 220 16.149 Otber incoming resources Other incoining rebourte$ 2.646 2.646 2.646 2.646 1.269 1.269 Total incoine 1.449.547 94.860 1.544.407 1.359.450
The PCC of the Eeclesiastical Pgrtsh of Cambridge St Mary the CreAt with St Michael NO'I'ES TO THE FIliANCIAL STATEMENTS For tht yeir ended 31 DeteThbtr 2024 3 Intome from: Pai'eiti ('hari Unres¢ri¢ted Futtds Rtstritttd Funds Totgl Fund5 2024 Total Funds 2023 Don*ions & Itgxties Pledged gi¥ ing and donaiions Tax I'¢coTrerable CollcLtions Boxes Ilniversit) granis Lisied PlaLes of Illorship Scheine tirani5 Church schools of Catnbridge Cjrafjl College and other grdnis 105.042 20.348 6.454 8.475 38.503 1.828 24.999 3.794 209.443 82,725 1.074 187.767 21.422 22.743 17.595 7.729 3.495 1.336 8.475 38.503 1.828 24.999 3.794 304.303 3.794 203.793 94,860 Other trgdinE attivities Concerts & events Michaelhouse rent and admin Tower and shop 10.940 39.240 376.058 426.238 41.315 419.821 473.317 41.315 419.821 473.317 Imtome from ittvestmtthts Inieresi and dii.idends Propert), rental 26.281 26.281 26.644 24.828 51.472 57.413 57.413 Incomt from eharitAble ttivitit5 Church leiiings and rets Eduulion St Michael's license te¢ 21.862 755 220 22.837 21.862 755 220 22.837 15.760 169 220 16.149 Other incoming resourct5 Oihcr incoming resources 2.646 2.646 2.646 2.646 1.269 1.269 Toial invome 765.656 94.860 860.516 698.921
22. The PCC of the Ettlesiastitxl Pkrish of Cllmbridge St Mary the Grtt with St Mithlel NOTES TO THE FINANCIAL STATEMENTS For the ytAr ended 31 December Z024 4 Expenditurt on hiJr Jand jr subsidio J undei'iakiji IIDreslri¢ted Fund5 Restricted Funds Total Funds 2024 Tot1 Funds 2023 Charitable A¢tivitit5'. Churth Runrjing Costs Parish share.. salaries. housing and 11?ining CleTg)' expenscs Children and Jouih F.quipping Christtan l£ader5hip in an age of science Floi%ers Comrnunion wine and candles Organists, salariL& and fee5 Chair and other expenses Musi¢ Orgdn and pianu mdinienan¢¢ Administration salaries Siationery and cop>ing Equipmeni & IT lel¢phon¢ & inlernei Postage Bi>oks & subscripiions Bank chaTges Sundry Cleaning Verging and stewarding Church insurance 98.814 5.739 2.517 98.814 5.739 19.033 4.714 2.541 98.197 2.752 16.637 5.129 4.474 2.886 44.817 23.340 2.254 2.600 78.438 13.424 16.516 4.714 2.541 43.819 44.385 2.342 4.144 80.777 14.990 2.698 58.809 47.083 2.342 4.144 94.133 11.597 18.086 1.684 13.356 18.086 1.684 1.296 202 710 159 13.666 10.606 49.025 14.599 13.687 30.428 1.000 460 330 12.383 10.839 38.045 16.917 18.7fj0 53.IK19 460 330 12.383 10.839 38.045 16.917 18.760 53.009 Mainiellance Si Michael's maintenance and oieithetds Heritage education Depreciaiion Wider Concerns colleciion5 Prolessional fees Audit fees Bad debis 25.665 4.245 1.800 3.675 25.665 4.245 8.287 3.675 7.000 4.874 24.874 6.487 6.610 544.205 58.761 602.966 477.867 Expenditure R*i$ith2 funds Tuwer and shop Concerts Cale C'osis ofr'sales Cale running wsls Dupreciaiion Pr(IpertN management & repairs Advertising & 14ehsite I lQ.087 5.276 591.548 51.579 3.431 10.495 2.901 775.317 6.383 619.517 69.123 3.431 15.066 947 898.579 6.383 619.517 69.123 3.431 15.066 947 898.579 Othtr resourtes expended IATran intere51 pa>able Tuldl eApendilur¢ 1.442.784 58.761 1.501.545 1.254.801
23. The PCC of the Eeclesiastt¢al Parish of Cltnbridgt St Mary tht Grtat with St Michael NOTES TO THE FINANCIAI. STATEMENTS For the year ethdtd 31 December 2024 4 Expenditurt on Ptsjenr C-hoi'i Unrtstritttd Funds RtstrFcttd FuDd5 Total nds 2024 Total FuDd5 2023 Ch2ritAble Attivitits.. Cknurch Running Costs Parish share.. salaries. housing and iraining cle1E exp¢n5¢5 Children and %ouih Equipping C.hrislian Leadership in an age ot-science FI01LES Cominunion i¥ine and Landles Organi515' S(tlari¢5 and fees Choir and other expen5¢5 Muslc Organ #nd piano niaini¢nanc¢ Adminisiraiion salaries Stalionei) and copying Equipment & IT Telephone & iniemei Pi)slage Books & subscitpiions Bank charges Sundry. Cleaiiing Verging and Sleii'arding Cliurch insurance 98.814 5.739 2.517 98.814 5.73() 19.033 4.714 2.541 98.197 2.752 1fj.637 5.129 4.474 2.886 44.¥17 23.340 2.254 2.600 78.438 13.424 16.516 4,714 2.541 43.819 44.385 2.342 4.144 80.777 14.990 2.698 58.809 47.083 2.342 4.144 94.133 13.356 18.086 1.684 18.086 1.684 1.296 202 710 159 460 330 12.383 10.839 38.045 16.917 18.760 53.009 37.160 25.665 4.245 1.800 3.675 6.000 460 330 12.383 10.839 38.045 16.917 18.760 53.009 37.160 25.665 4.245 8.287 3.675 6.000 13. 10.606 49.025 14.5W 13.687 30.428 6.000 Mdtntenance Si Michael's maintenanc< and overheads 14eriiagL education DLprecialion Wider ConceiTrs collections Professional f¢e5 Audii lee5 Bad debis 4.876 24.874 6.487 5.610 548.955 58.761 607.716 481.869 Expenditure on R#ising fund5 l oi¥er and shop C()nLerts Prupert> managemtni & rep(iirs Adi'ertising & i%ebsiie 143.357 5.415 8.243 2.322 159.337 6.383 15.066 947 206.508 6.383 15.066 947 206.508 Other resourt¢5 expeDded IA)an inler¢5t Plivable 1.079 1.079 l-oial eApendilure 755.463 58.761 814.224 642.285
24. The PCC of the Eeclesiastical Prish of Cmbridge St Mgry th¢ Gre81 with St Mithltl NOTES TO THE TrINANC.IAJ. STATEMENTS For the year tndtd 31 December 2024 S Staff Costs & Transaetion5 Wlth PCC Members 2024 Group Z024 C.b8rity 2023 Crouy 2023 Charity Wa8¢5 and salari Soiial securil) cosis Pension Losis 339.963 18.099 5.832 339.963 18.099 5.832 247.236 14_833 3.566 247.236 14.833 3.566 363.894 363.894 265.635 265.635 The aN'er8ge number ()f the sv41f during the k¢ar i¥as 2612023.. 211. No einplo}'ee has received einoluinenis iNliich exited £60.000. No PC'C IN¢mher has been paid a salar). in 2024 or 2023. The PCC considers ihere are no paid Ke), M8nagLynLni Personnel. A small immzierial part of expens¢s paid io Ihe Cler& Ina). hal'e relaied 10 (heir sern11c menibers of Iht P('C. Expenses of £8.383 12023.. £7.2551 iyere reitnbuTsed lo PCC me[nr5 for chUh ci)51s incurred peTx>nall}. PCC metnbErs ar¢ noi reimbursed lor peOnal oui 01.LI expLnscs. No PQC" meirbers WLre re11hFed expenses for out of po¥kel ekpenses relaiing Iv their minisiT)' work12023.. £nill. The sub5idiar)' had no einploiees. oiher Ihan two direLlurs i%ho did noi take d salaTh. During the l'ear 12 Truste donaied £6.572 12023.. 14 donated £6.3501 %¥iihoui conditions. 6 CompaA¢tves for the Sigtement of Financial Aetivitits PoréFttr Chari Unrtstrittsd Restritttd Funds Tot#1 Funds 2023 INCOMk FROM DLTrnaiions dnd leg&Lies Oiher iradtng aciiviliLS Income frotn inv<simen Other incomin¥ rebources Income Irotn chariiable a¥iiwiiies 173.378 426.238 51.472 1.269 16.149 668.506 30.415 203.793 426.238 51.472 1.269 16.149 698.921 TOTAL INCOME 30.415 EXPENDITURE ON 409.992 159.337 1.079 71.877 481.869 159.337 1.079 Raising funds Oiher ¢xpenses TOTAL EXPENDITURE 570.408 71,877 642.285 NET INCOMEIIEXPENDITUREI AND NET MOVEMEi%T IN FUNDS BEFORE TRANSFERS 98.098 1 41.462 1 56.636 Reali5ed gainsiilos5e51 on invesimenl assets in )'ear 65.500 65.500 Unrealised gainlI0tSI on invLsimeni assLiiS in veaT Fund5 Iranslerred in year 41.667 1 41.667 NET MOVEMETrtr IN FIINDS BalanLes hroughi fOriVa al l January. 21123 121.929 1.275.795 205 122.134 BALANCES CARRIED FORWARD AT 31 DEC.EMBER 2023 1.397.724 141.020 1.538.744
25 The PCC of ihe Ecclesistital Parish of Cmbridge St Mry the Grt2t with St Mith2el NOTES TO THE FINANCIAL STATEMENTS For the yeir ethdtd 31 Decenjber 2024 7 All¥ly5i$ of Net A55tts by Paienl Chori dilSSU sidioi dei'iakiJ7 Unrestricted Fund5 Restricted Fund$ Total l.'ixed A55ets CuriLnl Assets Curreni Liahiliiies l.t)ng leTm Liahilili¢s 987.326 524.479 1 03.026 1 987.326 706.986 103.626 1 1¥2.507 Fund Balance 1.408.179 182.507 1.590.686 Pui'enl C'hari U]Jre5tri¢ttd Fund5 Restricted Funds Total Fixed A5s¢ts Currtni Asseis C'urycni Liabiliiies Ix)n8 ieTtn l.i&hililies 983.119 983.119 713.918 182.507 111.884 1 Fund Balance 1,402.646 182.507 1.585.153 8a Tangible Fixed A55ets- Investmtnt Propertits Pare1 eIrIN a4diis stsbsidi J uNd¥rlukin Flai I l. King Edilard Housc l.ea5¢hold 38 Eachard Road F-reehold 600.000 TotAI Markffl Value at l Januar> 2024 Moiemeni on revaluation in i'trar AdditTron5 in lear Market Value a5 al 31 December 2024 600.000 353.500 353.500 353.500 953.500 600.000 Flisioric21 Cosi 6.700 353.500 360.200 renl hai'l Flal I l. King Edward Ilouse Ik&schold 38 Lachard Road Frtthold 600.000 Total Markti Value dl l Januan, 2024 Movetn¢nl on reialuaiion in )'ear Addilivn5 in vear Mark'ei Value ds al 31 DecembeT 2024 éao.000 353.500 353.500 353.50U 953.500 600.OOQ Hisiorical Cosl 6.700 353.500 360.200 38 F.ach8rd Road ikas rL%'alued on an open markei basis 21 Ihe end 01.2022 b) the TrustLS bdsed on PTOtessional adi'iLe. rial I l. King EdIard 14uuse was baught during the )'ear and lh¢ Trusl¢e5 cnnsid¢r Ihe purchase PTice lo be th¢ mark'el i'alu¢.
26. The PCC of the Ettlesi851ical Parish of Cambridgt St MAry tht Grtst with Sf Mithxel NOTES TO THE FINANCIAL STATEMENTS For the yegr tnded 31 Deetmber 2024 8b Fixtures & FittiD%S PL71'enl C'hui'i ? iffs subsidio Office tquipmenl Fixtsrts an(1 fittiDg5 Ttyt*l Cost Ai l Januar¥ 2024 Addiliuns in ve IU2.752 119.908 22.085 22.085 Ai 31 December 2024 124.837 141.993 Deprttiktion Ai l Janudt), 2024 Charge tor the )'ear 94.104 4.245 9.516 3.432 103.620 7.677 Ai 31 Decembtt 2024 98.349 12.948 Ntt Boibk Value Al 31 December 2024 26.488 4.208 30.696 Ai 31 December 2023 8.648 7.640 16.288 ar Cost Al l January, 2024 Additions in )'eaT 102.752 22.085 102.752 22.Q85 Ai 31 DecemlKr 2024 124.837 124.837 Depreci4¢ion Ai l Januatt. 2024 Charge li)r Ihe )ear 94.104 4.245 94.104 4.245 Ai 31 Dec¢mEKr 2024 98.349 98.349 Net Book Valt Ai 31 December 2024 26.488 26.488 Ai 31 Dec¢tnkKr 2U23 8_648 8.648
27. The PCC of th¢ Ecclesiastical Parish of CAmbridgt St Mary the Great with St Michael NOTESTO THE FINANCIAL STATEMENTS For the year ended 31 Detembtr 2024 9 Fixed A$set Investments 2024 Sh&res 2024 Shares in Group Ilndertakings Purenl Chui'ilv drtd lis subsidio underiakin Mark¢1 Value dl l Januar). 2024 RealUationS Addition5 in th¢ year Markei Value ai 31 Decetnher 2024 3.130 Parenl ChL71'i Market Value at l Januar), 2024 3.013 Rel'aluations Addilions mark Value at 31 Decembtr 2024 3.130 Shares in group undertakings Tepresenis an invesiinenl ol. IOO/v of Ihe share capital in (ireat Si Mar) s Trading l.imited TecoEnistd ai cosi. IO* Debtors= falling due wtthin one year Foreni (-h47rin' ils siibiidiuiw undei'trukiii 2024 2023 Income T&% recowerdble Acc()unt5 reLeivable VAI" Prepaym¢n15 & accrued income 8.684 21.686 6.719 28.164 16.221 19.881 46,591 54.764 Paievi Chai'i Income Tak recoverable Accounts reLLiN.able Prepa)'meni5 & accrued income 8.684 28.tji I 21.179 6.719 25.042 57.874 49.959 lob Debtor5: falling due in m(kre than one year Paieni Choj'inll aj lis subsidiaii? tsndei"lukin 2024 2023 Secured loans Pajeni Chari Seciiird loans 22.701 22.461 This repre5en15 a loxn lo C)real Si Miif)'5'1 rading L.imiied. i¥iih ini¢sT rate ul- l /0 ov¥r base r&e. i¢pa)'ahle on 31 Deceinkr 2025 and secured on the fixed ass¢ts tsf the Iradin¥ subsidiary.
28. The PCC of the EtclesiI5tical Parish of Cambridge St Mary the Gttat with St Miehael NOTES TO THE FINANCIALSTATEMENTS For the year ended 31 De¢embtr 2024 I I Crtditots.. amounts falling due within one year Pareni Chari diis stsb3idio undgrlakin 2024 2023 2nd social seLuriiy 5.635 12.642 10.814 74.535 4.086 VAT Trade creditors Sundr). LTediiors dnd d¢¢rua15 13.004 48.265 103.626 76.867 Poreni C'hari laxes and social security VAT Sundry crediiors and accruals 5.635 8.471 97.778 4.a86 7.634 52.905 64.625 12 Creditors.. mouht5 f&lling due in mort tban one year Pojeni Chori and its subsidia urtd#rrokirt 2024 2023 Amounis falling due in 2-5 )'ears Amounts falling due in mure Ihdn 5 )'e& 25.000 25.000 Porevi Chari AmoiiTris lalling due in 2-5 5'ears Amuunls lalling due in tnore than 5 years 25.000 25.000 13 Auditors Rernun¢ration Audiiofs Temuneraiion 15 Enade up ofihe tollowing.. Porgni Chari and lis Subsidion u17deriaki 2024 2023 Audit fee 7.000 6.000 7.UOO 6.000 Porgni Choj'iiv.. Audil tee 6.000 5.000 6.000 5.000 14 APB Ethif al Standards- Provision5 gvailblt for Sm*lltr Entities In common Iviih Inanv organisaiion5 Of our size and nature i¥e use our audiiots i(i 5151 iviih Ihe preparaiion ofihe Financial Siaiemenis.
29. Tht PCC ofthe Ettlesi95tif al Parish of Cambridge St MAry the Gre*t with St Michiel NOTES TO THE FINANCIAI. STAI'FMENTS F(kr ihe ytlr tnded 31 Deeembtr 2024 IS Capitxl Commitments Amounts contra¢led for bul noi provided in IhL financial stateincnis dtnouni 10 £37.643 12023.. £nill.
30. -Ihe P(.'C-ofihe EcrlcsiAs(ic41 PAfi5h of C'Ambridge Si hiAry Iht Grtai m.lth St 1&¢91 NOTES'IO THE l,AN1'14l. STA TF.14lETr4TS For the i'¢ir endtd 31 December 2024 16 Fvnd Nloi'ernents Porglll (-hÉtii Balaiice brf InLo[¢ ExpeDdilurc asse15 transfers Ilnie$iriL-IEd FTind5 General Fuiid Propew. Iiivestmenl (jain Rvserve Dtsign(lied fri1&5 Fabric P-und M1cha£lhouse Fu MUSIC l-.und Orcheitra l-.und Purchase ol'lmvesttntnt Pwprrt). Cosi of 5nvcstmtrtl Pruptrty Vision Fund 275.889 593.300 761.896 706.617 40.573 1 290.712 593.300 120.000 20.906 27.9(KJ 20.906 40 30.0(K) 122.IiK) 3.7 23.503 2.820 2.000 350.000 820 350.000 1 360.200 360.2 1.397.724 765.656 755.463 5.388 1 1.402.646 AD Funa Angela and Riihard Wrighl menrIal Fu 6.362 16.01 35.853 6.362 16.006 20.866 35.0 14.987 CamL'ra Fund Children and Youih Funa Choir Ro5 Fund Chuir F.vtnt5 FuDd Choir lour Fund Equipping C'hn5ti?D I rAdeT5hip Fuiid 35.000 42.300 30.929 16.250 16.250 } 2.000 5.889 2.698 4.714 4.714 Friend5 oltireal Si Mary's H¢DTage Lottery Fund- WWI Roof Fund S)lary Suppon FuThl Sansom BLXUL%t Wider C'on¢rrns 790 98 790 98 21.038 24.IMH 20.076 5.934 10.648 19,576 9.843 500 5.987 9.896 94.860 58.758 5.388 182.507 Ttsial 800.516
Thè P(-.(- of thc E¢el