REGISTERED COMPANY IN'UIMBER: 06778628 {EnglAnd and Wales) REGISTERED CHARJTY NUIMBER: 1127838 REPORT OF THE TRUSTEES A'D FINANCtAL STATEMENTS FOR THE YEAR ELYDED 31 DECEMBER 2024 FOR SCARGILL MI OVEMENT DSC Accouniants Ltd Chanered Aecountants Siatuiory Audiiors Tatters811 House East Parade Harrogate North York5hiit HGI 5LT
SCARGILL MOVEhIEINT CONTEN*TS OF THE FIh'Ah'CL4L STATEIIENTS FOR THE YEAR ENDED 31 DECEIqBER 2024 Page Report of the Tru$tees Report of the Independent Audltors Statement of Flnanclal Activltles 10 Statement of Flnanclal Position St8temeDt of Cash Flom's 12 Notes to the St4temeDt of Cash Flow$ 13 i Otes to the Flnanclsl Statement$ 14 ¢0 26 Detalled St4tement of Flnanclal Aetlvlde5 27 to 28
SCARGELL MOVEMENT (REGISTERED )L'UMBER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR EN'DED 31 DECEMBER 2024 The trusiees who ar¢ Also director5 of the charity for the purposes of the Cornpanies Aci 2006? pre>ent their report with the finaocial 5taiemenTS of th¢ chariry for the y¢ar ended 31 D¢¢¢mb¢r 2024. The trusie¢s have adopted the provisions of Aciounring and Reporting by Chariries.. Statement of R¢¥ommended Pracii¥e applicable to charities preparing iheir accounts in accordance iwth the Financi81 Reporting Standard applicable in the UK 8nd Republic of Ireland (FRS 102) {effeciive I January 2019). OBJECTIVES AND ACTIVITIES Objectives aetlvltle5 The purpose orth¢ Charity is io advance the Cbrisiian faiih and to adance education through the provision of a conununity of people io live out [eleant aDd authentic e¥pre>sion of the Chrisiian faith in iodals iiiorld ihrough their life tO8eth¢r. The a¢tivity is to conrinue to develop Scargill House. Ketslewell, and 10 mainioin a resident community who will offer on excellent standard of hospiiality and spiritual rent,11 io gues15 in the con(¢r¢nce eentre. Under rhe strap line 'lives shared. lives transfoTmed" the agreed airn i5-_ to show the hospirality of God to all and io share liv¢5 ¢han8ed by faiih. - io send our guesis home new vision and purpose: io model and promote rebponsible steth'ardship of cr¢atiDn' io hold on to Quality, Simpliciry and Beauty in the fijrther dcv¢lopTnenrs of our buildings as well as our life iogeiher,. and io help gues15 and community alike 10 gain and be enriched by a vision for communiry in an individualistic society. This will be implement¢d by offering ai Scargill House'.- resideni, caring 0Up of people ivith prayer ai iheir heart. h05Pltality to individuals and gTOUP5; chall¢nging programmes and outdoor activities especially for young people; resource5 and iraining for Chri>iian Trrission and seTri¢e; opporNniiies for creoiiviry and perional development,. and corntnuniry praclising boih ecological and sustainable 51¢1vardship of God's Creation. Publlc bcnetlt Th¢ Council confinned they have complied ivith their duty to have due regard (o th¢ guidance on public benefit published by the Charity Commission in exercising their powers and duties. As outlined earlier in ihis resp¢ci, our Chrisri&n faith 15 lived out in today'5 world by our care of people as well as the ¢T¢ation with which we are ¢ntrus(ed. We provide bursary funds for all those unable to afford our regular fees and hold specific eienis foT people on ihe margin5 of 50ci¢ty as well as welcoming them 81 any lim¢. WE are commiii¢d to eonserve the earth's resources by reducing our carbon footprint with our Biomass Boiler and energy controls and work with National Park Auihority in our ikoodland managem¢Di plan. Our walled gaTd¢n aciessible to all is a hidden g¢m within the Quiet Garden Scheme. Our chapel lift project, compleied in 2016, and plans for bJDJre development confimi our ¢oniinuin8 cornmitmenr to eDable 5tep-fyee access io ihe whole of the scar77 siie. Pase I
SCARGILL MOVEMENI T (REGISTERED LNUMBER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR E)ED 31 DECEIMBER 2024 ACHIEVEMEN'T T) PERFORJMAh'CE The ac¥ounts for 2024, as in previou5 years, are heart Marming &Dd encouraging.. the final reiuITS far beller rhan our budgeied forecastl The tr¢a5ure chest of friends and 511PPOrters. in which ive are humbled and deeply thankful, CODrinu¢5. Wiih their support which is more than just financial the Minis ai Scargill continues to flourish. Th¢ Ksngdom of God 15 relaiional with the love of God at the heart so we believe wholeheartedly in'lives shared. live5 transform¢d with Jesus at the centre,. At the beginning 012024, we were deli8hi¢d to be able to move ba¥k inro the refijrbished Mar>h Lounge which has becom¢ a be8uriful space. Ir w'as a joy to invite our President. the Archbishop of York Srephen Cottrell. to celebratc 011 th¢ refi]Tbishtnents around the House. and bless our buildin8S. The building projecis are n¢ver an end themselves. they are to fulfil the Tnini%ry of Scargill. We are now looking to phase 8 which is 8 major project.. th¢ demolishing and Tebuilding of Three Peaks. li has b¢en wonde] to welcome many churches for their w¢¢kend all'ay as well a5 many young people COTning on our Surnmerfest progtamme. It ha5 also been a joy io welcome others io programme events and other reirears where people h8ve experienced the peace, prayer and solitud¢ of ScarBiII. The f¢edba¢k continues TO be very posiiive. We pray Tegul&rly for our guesr5 that within a stay at S¢argill people will be op¢n io the invi¢aiion (o be rentwed in the love of God. One of our Tnajor challcng¢s is the growing of the Coinmunity, Ivhich has noi yet reached Pre-covid numbers. W¢ are exploring varied routes ro encoura8e peopl¢ to join the Scar8ill advennjre. We are so gra¢eI for God's faiihful love, and w¢ look foThiaid io coniinue 10 Show thai love with a and generous welcom¢ for all those who come through our doors now and in the future. FINA'CIAL REVIEW Fin8n¢lal revlew The rolal incoming TesouTce$ were £1,053,554 and resources expended arnounted ro £1.097,090 l¢aving & net deficii of £43,536 IdefIcit of £575,362 2023). The 2023 defi¢ir arose a5 a re>ult of the Tefijrbishment el¢TneniS of pha>e 7 which were compleied in the first quarter of 2024. Deiailed figure) are shown on pages 16 10 25 the summary on page l O. Voluniary income wras £280,777 (£686,002 20231 The level of regular donations continued bui one off gifis slowed due to Ehe completions of phase 7 and ihe abnornially high Icvel of lega¢y income dropped between the tsvo ye&rs . Fee incoFne and sales w&s £735,820 (£611,380 20231 placing high demand5 on Communkty supported by Il'orksTh8 Friends io deliver the gen¢row hospitality and welcome to increased number5 of guests. The meieriDg of lh¢ ¢nergy produced in the Biomass boiler has again b¢¢n conseTh'aiiv¢ly estimated to be £25,000 (£20,000 2023) but the issues encountered are now resolied and acNal payments be resumed on a quarterly basis. Bud8et5 for the next two years shoiv working defLcIIs on the conference progratntn¢ to be funded by the generous financial suppon of friends and companions. also allow'ing for funhcr developmeni ivork to be carried out. Reserves pollcv The charity conlinues to make 558nificant investments in its buildin8s and plant which stand (after depreciation) at £2m. Thc Council review the Cash position on a quarterly ba515 on advice giwen by rhe Business and Finance Ctsmmittee and 8llocaie surplu5 fvnds to cover smaller mainienanie projects or to build up a reserve io fund the nexi phasels) of the development progratnme, for which planning pernis5ion is already held and will cosi in e.Kce>S of £IOm. At the end of 2024 tbe e5timaied working capital requirement remains at £120,000 The Council believes that the current fiJnd5 arc sufficient io fund the next thTee months but regular donations are still encouraged ro suppon the ongoing community mifLiStry and developtnent at Scargill. The Council is gratefid to the many supporters who have g]en financial and prayer support during the year and to working friends who have helped i¥ith vital pracrical 5UPPOrt. Pag¢ 2
SCARGILL INIOVEf¥lEP*'T IREGISTERED NUMI BER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR EED 31 DECEMBER 2024 FIIN'ANCIAL REVIEW Indemnity insurance The charity paid insurance premium5 to indetnnify ihe council from any105s arising from negleci or defaulis of council or sff and any consequent loss. STRUCTURE, GOVER,Ar,CE th'D MAP4AGEMENT Governing doeument The charity is controlled by its goveming document, Memorandum and Anicles of Association. and constitutes a limited company, limited by guar8niee. as defined by the Cornpanies Act 2006. OrgAn15Atlonal stTUCture The council, who are also director5 and tnjsiees of the Charity, meets on a bi-monthly basis io revieiv progress. Members of the company are also council members and are listed beloiv and are fully involved in the decision5 of th¢ charity. The Bishop of Leeds and the Chair of the Council of the Lee Abbey Motremeni are each entiiled to nominaie two council m¢mber5. The council shall (unless oiherwise determined by ordinary r¢iolution} number noi less Ihan six. New members are appoinred by ordinary Tesolution. All COUDril member5 receive appropriate induction and training ITS r¢speci of Iheir role. Rlsk The ¢oun¢il maintains a register and regulorly review5 rhe risks which face the charity as well as carryin8 Out a fijll risk review annually. The council has a finan¥e eotnmitTee thai prepares a budgei and meeis bi- monthly to repon and monitor (he ongoing finan¢ial posiiion and io review the mea>ures in place to miligaie financial and exposure to other major risks. REFERENI CE Ah'D ADMINIST114TIVE DETAILS Registered CompAnv number 06778628 {ED8land and Wales) Reglslered Charlty number 1127838 Regffi5tered office Scargill House Kettle%vell Skiplon North Yorkshire BD23 SHU TTUStee5 Sisler Jocel>Tr Cart¢r {re5igned 2511112024) Mr Anthony Hessclwood Vice Chairn]an Revd Canon Carolint Hewlett Revd Canon Felicity Laiv50n chaimn (to 0710712025) Capt Andy Milne {resigned 81212024) Mr Anthony Allison Dr Andrew Arnold Chaimian {from 0810712025) Mr Simon Browning Mrs Jane Fardon Revd Peter Gunsion¢ Mr TiTnothy Proudler R¢vd Aii50n Roch¢ Page 3
SCARGILL MOVEMENT (REGISTERED WMI BER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR EN'DED 31 DECEMBER 2024 REFERELNCE AND ADMINIST114TIVE DETAILS Auditors DSC Accountants Ltd Chartered Accouniants Statutory Audiiors T8ts¢TSall House East Parade Haffogare Nofth Yorkshire HGI 5LT Soilcltor5 Napthens 7 Winkley Square Preston PRI 3DJ Banker5 B Y4rclays Bank PIC 49 High Street Skipton BD23 IDH The co.operative Bonk P.0. Box 250 Delf House SkelmeTsd#le WN8 6WT CCLA 80 Cheapside London EC2V 6 DZ STATEINIEI%T OF TRUSTEES. RESPOYI SIBILITIES The trustees {who are also the dirttiors of S¢argill Movement for the purposes of company lawl are responsible for preparing the Repon of the Trn51e¢s and the fin8n¢ial staiement5 in accordance ivith applicable law and UDjted Kingdom Accounting Siandards (Uniied Kingdom GeneTally Accepted Accounting Practice) including Financial Reporting Siandard 102 'The Financial Reporting Standard applicable in thc UK and Republic of Ire18nd" Company law requires the 1Th5tees to prepar¢ financial Statements for each financial year which give a trne and fair view of the 51at¢ of affairs of the ch8ritable company and of the incoming resouTC¢5 and application of resources, including the income and expenditure. of the charitable company for that period. In preparing those financial slaiernents, the tru5te¢5 are required to select suiiable accounting policies and then apply rhem consistently- obs¢rve the methods arld principle5 in the Charity SORP- mak¢ judgements and e5titnates that are reasonable and prudent,. prepare th¢ f]nancial stateSDents on the going con¢¢rn basis unless it is inapproprigte to presume that ihe Charitable ¢ompany 11 Continue in busine5S. Page 4
SCARGILL MOVEMEf*Y {REGISTERED Tr4UIMBER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR E)È DED 31 DECEMBER 2024 STATEI1IE'T OF TRUSTEES, RESPOPiSIBILITIES- CQDtinued The tsijsiees are responsible for keeping proper aciounting records ,hICh disc105e 1th reasotjable accuracy at any tsme the financial p(>sition of the chariiable company and ro enable them to ensure that the financial 51aiements comply with rh¢ Cornpanies Act 2006. They are a150 responsible for safeguarding the asset5 of th¢ chaTitable company artd hence for taking Tea50nable steps for the Prevention and deiecrion of fraud and oih¢r irregularitie5. In so far as the trustees Rre aware.. there is no releNant 8udit infotmaiion of which the charitable company's auditors are unaw'are. and the tSleeS have iaken All slep5 that they ought to have iaken io make themselves aware of any relevant audit infollnation nd to eslablish thai the auditors are awa of that information. AUDITORS The audiiors, DSC A¢countants Ltd, will be proposed for re-appoiDtment at the forthcoming AnThuwl General Meeiing. Approved by order of ihe board of trusiees on 8 July 2025 ond signed OD It5 behalf by: Dr Anth¢w Arnold- Tntstee Page 5
REPORT OF TIIE If¥l)EPENL DN'T AUDITORS TO THE IMEMBERS OF SCARGILL MOVEMENT (REGISTERED IN'UMBER: 06778628) Opinion We have audiied the financial statements of Scargill LMov¢rnent (the 'charitable compang) for the year ended 31 December 2024 which COFnprise the Statemeni of FiDancial Activities. the St8temeni of Financial P05iii0n, the Staiement of Cash FI0'S and not¢5 to the fin&ncial siaiements, including 4 summary of significant aLcounting policie5. The financial reporting framework that ha5 beeD appli¢d in their prepararion is applicable law and United Kingdom Accounting Standards (United Kingdom Generdlly Accepted Accounting Pra¢ii¢e), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial 51at¢m¢nis'. give a true and fair view of the stale of the charitable companys affairs as at 31 DeceTnber 2024 and of its IDeoming resources and application of resour¢es, including it5 income and expenditure, for the year rh¢n ended: have been properly prepared in p¢cordance iiqth Uniied Kingdom Generally Accepied Accouniing Practice, including Finaneial Reponing Standard 102'The Financial Reponing Siandard applicable ID the UK and Republi¢ of Ireland,: and have been prepared in accordance with th¢ requiremenL% of the Companies A¢t 2006. Bas15 for oplnlon We ¢onducied our audit in accordance wth Iniemational Standards on Auditing (UK) IISAS (UK)) and applicable law. Our responsibilities under thos¢ 5t&ndard5 ar¢ fither de5¢ribed in the Audiior5' responsibilities for the audit of the financial staiemenrs section of our report. We are independeni of the charitable company in accordance iyith the ethical requiremenis Ihat are relewani to our audit of the financial siatements in ihe UK includin8 th¢ FRC'S Ethical Standard, and we have lfilled our other ethical T¢sponsibiliiie5 in accordance with these TequiT¢ments. We believe that the audit evidence we have obtained is sufficient aDd appropriate to provide a basis for our opinion. Concluslon5 relAtlng to golng cothcern In audiiing the fLnan¢ial slatetnenls. we have concluded that ih¢ tNstees' use of the going con¢¢rn basis of accouniin8 in the preparation of the financial staiements 15 appropriare. Based on ihe work we have performed, we have noi ideniified any maieriol uncen8inti¢s relating io even(5 or Conditions that, individually or colleciively, may cast 5i8nificanl doubt on the charitable eompan? s ability to continue as a going concern for a period of at let twelve monih5 from when the financial Statements are auth0ri5ed for issu¢. OUT responsibiliiies and ihe responsibiliti¢$ of the tN5tees with respect to going con¢em are described in the releartt seetion5 of this report. Other Inform¥Ltlon The trustee5 are reiponsible for the other infom)aiion. The other informaiioD comprises the infom)ation included in the Annual Report. other than the finen¢ial 5tatemenis and our Report of the Independent Auditors thereon. Our opinion on the financial srotemertts doe5 not eover the other inforn)aiion and, except to the extent othernq$e explkcitly slated in our repory we do not express any fonn of assurance conclusion thereon. In connection our audit of the financial siaiemeDts, our responsibiliry 15 to read the oth¢r infomiaiion and, in doing 50, consider whether the other infortt)aiion 15 mateTi&lly inconsiitent with the financial siaiemenis or (iur knowledge obtained in the audit or otherwise appe8r5 to be maierially mi45tated. If we identify such material inconsistencies or apparent mai¢rial mi5slat¢menlS, we are requircd to determine whether this gives rise to a material missial¢ment in the financi31 statements themselve5. If, based on the work we have perfom)ed, 'e rortclude thai there 15 8 rnaierial mis5taiement of this oth¢T information, we are required to T¢POrt that fact. We have nothing io report in this regard. Oplllions on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undenaken in the cow5e of the audit: the infornution tsiven in the R¢port of the Trustee5 for the financial year for which the financial slarements are prepared is consisient the financial staternents- and the Report of the Trustees has been PT¢pared in accordance th applicable Icgal requirements. Page 6
REPORT OF THE Ih'DEPENi DENT AUDITORS TO THE MEMBERS OF SCARGtLL MOvEmE,T (REGISTERED YUMBER: 06778628) Matters on whi¢b The are required to report bv exception In the light of the kno,ledgE and under5widing of the charitable company and its environmeni obiained in the course of the udit, we have not identified maierial TniSiiaiemen15 in the Report of the Trusttts. We have nothing to report in respect of th¢ followryng Tnptters where the Companies Act 2006 requires us to report io you if, in our opinton: adequate accounting records have not been kept or return5 adequate for our audit have not been received from branches not Vi51ted by us. or the financial siaiemcnts are not in agreemeni ivith Ihe accounting records and reDJrn5' or enain disclosures of trusiee5' remuneration specified by law are noi Tnade: or we have not received all Ihe information and explanation5 we requiTE for our audii. or the twstee5 were not entitled io take advantage of the Sn1] companies exemption from the requirement to prepare a Straiegic Report or in preparing the Report of th¢ Trnslees. ResponsibltIeS of trustee5 As explained more fully in the Sr8iement of Truslee5' Responsibilitie5, the tnjsiees (who are also the directors of the charitable company for rhe purposes of company law) are responsible for the preparation of the financial siaiemenis and for being Satisfied that they give a tN¢ and fair view, and for such internal control as the miste¢s dctem)ine is necebsary to enable the preparation of financial siaiements thai Are free from material mi$5tai¢meDt, whether due to fraud or etror. In preparing the financial statements. Th¢ trustee5 are re)ponsible for a55essing the eharitable company's abiliry to continue as a going concern, disclosins, &$ applieable, m8tters related io going con¢ern and using the going concern basis of accounting unless the trustees either intend io liquid8¢¢ the charitable company OT io cea5¢ op¢raiions, or have no realistic alternative but to do so. Pag¢ 7
REPORT OF THE INDEPE)ENT AUDITORS TO THE MEMBERS OF SCARGILL MOVEhlEiN'T IREGISTERED NUMBER: 06778628) Our responslbilities for the audit ofthe financial statements Our objeciiveb are to obiain reasonable asiurance aboui whether the financial statements as a whole are free frorn material missiaiemeni, wh¢iher due to fraud or error, and to issue a Report of the IDdependeni Audiiors that includes our opinion. Reasonable assurance is a hiqh level of assurCe, but is noi a guarantee that bD audit conducted in accordanc¢ with ISAS IUK) will al'ay$ detect a maierial nJi55tstement when it exists. Misstatements can arise from fraud or error and are ¢on5idered maierial if, individually or in the aggtegaie. they could reasonably be expected to influence the economic decisions of users taken on the ba5ii of these financial stkiemenls. Th¢ extent io which our PTocedures are capable of detecting I¢gUIanIies, including fraud 15 deiailed below.. Irregularities. including fr?ud, are instsnc¢s of non-compliance with laws Y4nd regulations. We desi1 proceduT¢S in line with our responsibilities. outlined above, to detect material mi$518tement5 in respect of irregulariiies. includirtg fraud. The exnI ro which our procedure> ar¢ capabl¢ of deteetln8 irregulariiies, including fraud is deiail¢d below. We gbined an undeTsIAnding of the legal and regulatory framework applicable to ihe charitable company and the industry in which li operates and considered the risk of acis by the eompany ihar wcr¢ contrary io appli¢able laws and regulaiions, including fraud. We focused on law5 And regulaliorLS which could give rise ro a material misiiatemertt in the fsnancial statemenr5, including. but not limited io. Ihe Cotnpanies Act 2006 and UK r&x le8islaiion. Our tesis included agreeing ihe financial 51atemeni disclosure5 to underlying supporting documentaiion, a review of correspondence wilh the Chariry Commission, cnquiries with managemeni and the iny&peciion of other regulaiory and legal corr¢spondence. We addressed the risk of managemeni override of iniernal controls, including resting journals and Estimate5 and ¢Naluaiing wherher there was evidcnce of bias by Ihe trusiees thai represenied a risk of material misstaiemeDI due 10 fraud and the completeness of incomin8 resources by refeTeD¢e 10 the sour¢e document for each incorne stream. We did not identify any key oudit mallers relating 10 irregularities, including fraud. Because of thc inhereni limitations of an audit, Ihere 15 8 risk that we will not delect all irre8ulariiies, includin8 those leading to a material mi55taiemeni in the fmancial siaiements or non.compliance with Tegul81ion. This risk increase5 the more rhat complianee with a law or regulation is removed from the ev¢nt5 and transactions reflected in the financial siatemenls, as w¢ will be less likely (o becomc aivare of instAnces of nop-compliance. The risk is also greater re8arding irregularities occurring due to fraud rather ihart error, a5 fraud involv¢5 inienrional cortcealmeni, forgery. eolluaion, omission or misrepTC5eniaiion. A fijrther description of our responsibilitie5 for the audii of the financial staiements is located on the Finaneial Reponin8 Council's website at www.frc.org.ukloudirorsresponsibilities. This descripiion fortTLS part of OUT Report of the Indcpendeni Auditor5. Pag¢ 8
IiEPORT OF THE INDEPE}IENT AUDITORS TO THE MEMBERS OF SCARGILL MOVEMEh'T (REGISTERED )1 UMBER: 06778628) Use of our report Thi5 report 15 m8de solely to the chariiable company's member5, as a body* in a¢ctsrdance wilh Chapier 3 of Pan 16 of the Companies Aci 2006. Our audit work has been undertaken 50 thai we rnight siaie to ihe charitable companls m¢mbers ihose maiters we ar¢ required to stale to them in an auditor5, report and for no other purpose. To the fullest exieni pennilled by law. we do not accepi or assume Te>POD5ibiliry io anyone other than the charitable company and ihe charitable company's mernbers as a body. for our audii work. for thi5 report. or for the opinions we have fortned. Graham French (Senior Starniory Auditor) for and on b¢halfof DSC Accounwts Ltd Chartered Accouni&nts Statutory AudiioT5 Tattersall Hous¢ Ea51 Parade HOgate Norrh Yorkshire HGI 5LT July 2025 Page 9
SCARGILL MOVEMENI'T STATEf+ILS'T OF FINA'cIAL AcrivtTIES (%,coRPoRATI,G AN 'ColME EXPENDTTURE ACCOUN'T) FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total fund5 UnTestri¢ted funds Restricted funds Notes INCOME AND EYL DOWMEN'TS FROM Donations and legacies 250,006 280,777 686.002 Charltable a¢tivltles Charitable aciivities 760,820 760.820 631,380 Inv¢stmeni income Other income 11,261 696 11,261 696 32,173 Total 1,022,783 30.771 1.053.554 1,349.555 EXPENDITURE ON Raising fiJnd5 469 469 ChArltable actlvltle$ Chariipble activities 1,086.686 9.935 1.096,621 1,916,223 Other 8,694 Total 1.087,155 9,935 1,097,090 1,924,917 NET IP*COMEI(EXPENDITURE) Transfers between furtd5 {64,372) 30,046 20,836 (30,046) (43,536) (575,362) 19 LS'et moi'ement ID funds (34.326) 19,2101 143.536) {575,362) REcofiCILAATIOLS' OF FUP4DS Total funds brought forward 2.803.688 10,474 2.814,162 3.389,524 TOTAL FUNDS CARRIED FORWARD 2.769,362 1,264 2,770,626 2,814,162 CONTINU114G OPERATIONS Ail income and expenditure has ariseD from continuing actiwties. The notes forni pan of these financial siaiem¢DIS Pag¢ 10
SCARGILL MOVEML ENT (REGISTERED h'UMBER: 06778628) STATEMENT OF FINANCIAL POSITIONI 31 DECEMBER 2024 2024 Total fid5 2023 Total funds Unre>trict¢d fvnds Restricted fimds Note5 FIXED ASSETS Tangible 05se¢s 14 2,035,296 2.035,296 2,023,509 cuRRE'T ASSETS Siocks Debtor5 Cash at bank 13 16 20,713 162,530 724,254 20,713 162,530 725,518 23.886 495,847 582,137 1,264 907,497 1,264 908,761 1,101.870 CREDITORS Amounis falling du¢ within one year 17 (173,431) {173,431) (311,217) h'ET CURREh'T ASSETS 734.066 1.264 735.330 790.653 TOTAL ASSETS LESS CURRENT LiABiLITIES 2,769,362 1.264 2.770,626 2,814,162 NET ASSETS 2,769.362 1,264 2,770,626 2.814,162 FUNDS Unrestricted thnds Resuicted funds 19 2,769,362 1,264 2,803,688 10,474 TOTAL FUNDS 2,770,626 2,814,162 These fin&n¢ial staiemenis have been prepored in accordance wilh the provision5 applicable io eharitable companie5 subject to the 5rn811 companies regime. The financial stktements were approved by the Board of Trustee5 and authorised for issue on 8 July 2025 and were signed on irs behalf by: Mr Anthony H¢s5¢1wood - Tnle¢ The notes fonn part of these finary¢ial statements Pagell
SCARGILL MOVEMENT STATEMENT OF CASH FLOWS FOR THE YEAR Eh'DED 31 DECEMBER 2024 2024 2023 Notes Cash t]ows from operatlng aetlvllfes C25h generated from operations 221,913 {718,053) Nei cash provided byilused in) operating activities 221,913 (718,05i) Cash flows from Investing #ctivltles Purchase of tangible fixed assets Sale of fixed a55ei inv¢sm)ents Interest received {89.7931 1308.3281 507.570 32.173 11,261 Nei cash (used in)Iprovided by inv¢s1in8 aciivities (78,5321 231,415 Change In cash c4sh equlvaleRts In the reportlng perlod Cash and ¢A5h equlvalents at the beglnnlng of the reportlng per5od 143,381 {486,638) 582,137 1,068,775 Cash and cash equlvAlents at the end of the reportlng perlod 725,518 582.137 Tbe note5 form part of these financial StaMents Page 12
SCARGILL IMOVE1NIE'T L OTES TO THE STATEMEh'T OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 RECOYL CILIATION, OF Tr4'ET EXPElTURE TO INET CASH FLOW FROITrl OPERATNG ACTIVITIES 2024 2023 'et eendItUre for the reporting perlod (tts per the Statement of Flnanelal Actlvlties) Adjustments for: Depreciarion charge5 Inierest receiTred Decreasel(inere8se) in stock5 De¢rea5e/(increase) in debtors (Decre2sellincre&se in creditors (43.536) (575.3621 78.005 111,261) 58,641 {32,173) {1,164) {358,995) 191,000 333,318 (137,786) Net C8sh provlded by/{u5ed In) operRtlons 221,913 (718.053) YALYSIS OF CHAfiGES Ih, NET FUh'DS Ai 1.1.24 Cash flow At31.12.24 Net casb Cash at bank 582.137 143,381 725,518 582,137 143,381 725.518 Debt Debts fallin8 due within l yeaT (5,0001 4,000 (1,000) (5,0001 4,000 (1.000) Total 577,137 147,381 724.518 The nOEe5 forn pan of these financial siaiemenis Pag¢ 13
SCARGLLL MOVEMEh'T L'OTES TO THE FLNknN'CIAL STATEMI ETr*'TS FOR THE YEAR ETr4'DED 31 DECEMBER 2024 STATtrroRY IORMATIoN1 Scargill MoveTn¢ni 15 a priTrare company limiied by guarantee incorporated in England and Wales.The registered offi¢¢ is Scargill House, Kcttlewell. Skipton, North Yorkshire, BD23 SH. The prin¢ipal accounting pDlici¢s are summarised below.The accounting policie5 have been applied consistently thToughoui rhe year and the preceding year. ACCOUNTIIYG POLICIES Basis of prep&rlllg the flDaneiAI statements The financial 51alements of the chariiable ¢ompany, which is a public benefit entity und¢r FRS 102, have been prepared in accordance with the Chorit?es SORP (FRS 1021 'Accounting and Reporting by Charities.. Si?i¢meni of Recornmended Practice appli¢able ro charitie5 preparing their accounts in ac¢ordance wih the Financial Reporting Siandard applicable in th¢ UK and Republic of Ireland IFRS 102) (effective l Janu2ry 20191,, Financial Rcporting Sndard 102 'The Financi31 Reporting Standard applicable in the UK and Republic of Ireland, and the COPanI¢S Act 2006. The financial siaiement5 have been prepared uTrd¢r ihe hisiorical cosi convention, with the e.xcepiion of inwesmients which are included at markei a]Ut. Incomlng resource5 All incoming resource5 are included in the statement of financial aetivities when ihe charity is entiiled to the income And the amount can be quantified wth reasonable accuraey.The followin8 specific polieies are applied to paniculor caregories of in¢omc-. Voluniary income is received by way of granis, donaiions and 8ifts and is included in full in the 51aiemenr of financial activities when receivable. Grants where eniirlemeni is not conditional on ihe delivery of a specific performanc¢ by ihe charity, are recogni5ed whtn the chArity becomes uncondiiionally eniitled lo th¢ ant. Gr&nis, including grants for the purchase of fixed asseis, are recognised in full in the siaiemeni of fiD8ncial aciiviiies in the year in which th¢y are receivable. Grants received ue noi government grants and do noi come with any ¢ondiiions. Donated services and facilities are included at the value 10 th¢ charity ivhere this can be qu8ntified. The Tralue of setwices provided by volunieers hus noi been included. Gifts donated for restle are included as incoming resources within aciivities for generating fiLt]ds when ihey are 501d. Gift aid Tecoverable is included within the same category of income to which the claim relates. This income is also re¢ognised in ihe same period. Le8acies 4r¢ recogni5ed when the benefactor ha5 died, the chariry has sufficient evidence that a gift h85 been left io then4 there is a valid will and the amount Teceil'able is probable and can be estimated with reasonable accuracy. Govenjrnent gr3n¥5 are reColSed at the fair alue of the asset received or receiN'able when there is reasonable assurance that the grant condition5 will be met and the 8rant5 will be received. A ant thai specifies perfomiance condilions is reco]sed in incorn¢ when the perfomnce condiiions aTe mei. Where a grant doe5 not Specify perfomance conditions li 15 reco8ni5td in incorne when the proceed5 are Tec¢ived or r¢ceivable. A grant received before the recogniiion ¢TItEria are saltsfied is recosnised os a liability. Incom¢ from iThvestn%nts is included in the year in whi¢h IT is receiN"able. Resources expended Expenditure 15 reCO]Sed on an accrual basis Bs a liabiliry is incurred. Expenditure includes any VAT which caTmOt be fiElly recovered, and 15 reported as pan of the expenditure to ivhich it Telaieb. Costs of generating fiLnd5 comprise the cosis associated with amcting voluntary income. Charitable expcnditrjre COmPri5e5 those cost5 incuned by the Charity in the delivery of its activitie5 and services for its benefici2rie5. It includes boih costs that can be alloGat¢d directly to such aetivities and those costs of an indireei nature necessary to 5uppon them. Pa8e 14
SCARGILL NqOVEMENT f*'OTES TO THE FINNcIAL STATEMEYL TS- CODtiDued FOR THE YEAR ELN'DED 31 DECEML BER 2024 ACCOUNTING POLICIES- eontlnued Resource5 expended Support costs are those ¢osis incurred directly in support of expenditure on the obj¢c15 of the charity and include project rnan8g¢ment whi151 govemance cosls include those CO>ts associated with Tneeting cost5 8S>ociared with Th¢ ¢on5tituiional requiremenis of the charity and include cosis of indemnity inburance. Golng concern The tnjstees have prepAr¢d forecasrs and considered incorne End e_xpenditure for the period ro 31 st December 2025 and 31 July 2026, which shou'5 that they have sufficienr reserves to be able to continue for the fOreee8b1e fvture. Furtherrnore, the trustees have not identified any rnaieriÈl uncenainties which in iheir view ca51 a significant doubt over the Boin8 concern of the cornpany, and therefore continue to adopt The going coneern basis of preparation for these fman¢ial sratements. Tanglble fixed asset5 Tan&b]e fixed asseis uscd for operational purposes are staled ai cost less accumulated depreciation. Individual asseis C05ring below £1,000 are treaied as expendiwre in the year they are acquired and are not capilalised. Depreeiation is providtd at rale5 calculaied io write off ihe cost less residual value of each 85set over its expected useful life. As folloMs'. Freehold operational property- 200 years siraighi line FixDJres, fittin85 and equipment. 7IA. 25 10 strai8ht line Refurbishm¢nt expendIlle- 7 yedrs straight line Depreciation is provided from when the asset is brou8ht inio use. Refiwbi5hment expenditure is capiiRlised in aniicipaiion of ihe redevelopmenr of the site and facilities And hus now bttn fully depreciated. Stocks Siock5 are Valued at the lower of cost nei realisable value, after making due allowance for obsolet¢ and slow moving items. Taxatlon The ¢harity'5 activities fall within the exempiion5 afforded by the provisions of the In¢orne and Corporation Taxes Aci 1988. Accordingly, there 15 no taxation charge in Ihese ac¢ounis. Ftsnd 8ccounrfng Unrestricted fijnds are fund5 which are available for use ai the discretion of the trusiees in frher&Cc of rhe general objectives of the ch&rity and ivhich have not been designated for other purposes. Designated funds compri5¢ UTLTestricted fill)ds that hav¢ been sei aside by the trustees for parricular PUTPQ5es.The aim and us¢ of each designated fund 15 5¢t Qui in the nores io the financial 51aiements. Restricted funds are funds which are to be us¢d in a¢cordance with specific reitrictions imposed by donoTS or which haTre been raised by the charity for pthicular purposes The costs of raising and administ¢ring Such fijnds are charg¢d against the 5peckfi¢ fid.The aim and use of each restricied fijnd is set out in the notes io the financial statements. Fixed asset Investments Fixed asset invesmients are a fomi of financial insrnment and ar¢ initially recognised at their transaction c051 and Subsequently measured at fair 8]ue at the balance sheet date. unless the kalue cannot be mea>ured reliably in which case it is me&sured at cost le5S LinpAirni¢nt. Investment gains and losse5, Ivheiher realised or unrealised. are combined and presenied lg 'GaIn{LO5)es) on investmenis. in ihe Statemeni of fin8n¢ial activitie5. tnvestment inrome 15 included in the accounts when receI&ble and any gains or los¥es on rei'aluation at the year end are shown in the SOFA. Pa8e IS
SCARGILLI V JOVEMELNT L OTES TO THE FL%''C1AL STATELMENTS- Contined FOR THE YEAR ENDED 31 DECEMBER 2024 DOTr'ATIONS A'D LEGACIES 20?4 Total funds 2023 Toial nds Unr¢itricted fimd5 Restricted fijnds Donations Legacies Grants 237,858 12.148 30,771 268,629 12,148 343.143 335,359 7.500 250,006 30,771 280,777 686.002 Grants received. in¢lud¢d in the abov¢, are as follows.. 2024 2023 Other grants 7,500 I'vESTmET If'COME 2024 Tot#1 fijnds 2023 ToTal fijnds Unrestricted fiJnds RestriCTed fund5 CFB Investment Fund distribution Deposit account inierest 2,150 1.150 3,806 28,367 11,261 32,173 ITr*'COME FROM CHARITABLE ACTIVITIES 2024 2023 Aeiivity Chari18ble acllvitie8 Charitable ae(iviti¢s Charitable activities Fees and serninors Sales RHI income receifved 711,899 23.921 25,000 591,875 19,505 20,000 760,820 631.380 Page 16
SCARGILL MOVEMEII'T OTES TO TllE FIN,CIAL STATEMENTS- contiThued FOR THE YEAR Eh'DED 31 DECEMBER 2024 RAISING FUTr4'DS Rglslng donatlons and leg4cle5 2024 Total fijnds 2023 Total fijnds Unrestricted nds Resrricied filnds Support Costs 469 469 CHARITABLE ACTIVITIES COSTS Dire¢t Coils {see noie 8) Support costs (see noie 9) Tota15 Chariiable activities 1,043,153 53,468 1,096.621 DIRECT COSTS OF CHAIUTABLE ACTIVITIES 2024 2023 Siaff cosis Food 2nd programme expenses Communiry Ellowances and staff cost5 198,742 247,462 25,408 168,054 295,781 3,287 78.006 26,413 197,620 208.393 21.263 147,643 1.229.067 3,355 58,641 18.i79 740 Repairs and maintenance Finance costs Depreciation and amorti5ariorA Marketing, PR and literature Grants and donation$ 1.043,153 1.885,301 tn 2023 ihere had been si8nifi¢ani expendiDJre in r¢paiT5 8nd mainienan¢e as the result of the Major r¢furbi5hment of the Marsh Lounge which included a new roof, 1vind0,5, heating sysiem, floor and AV equipment. We also r¢placed the windows in the Old House and th¢ Sun Lounge as well as repairin8 Ihe roofing on boih buildings.This work was eompleted in quarter l of 2024 with addirional expenditure on replacement windows in the kitchen and dinin8 room. Page 17
SCARGtLL MOVEMEN'T 'OTES TO THE FU*'AYL CIAL sTATEIME,TS- continued FOR THE YEAR EIYDED 31 DECEMBER 2024 SUPPORT COSTS GoTrernance COS15 Other Torals Raising donation5 and legacies Charitable activitie5 469 42,205 469 53,468 11,263 42,674 11,263 53.937 io. NET IN'COMEI(EXPENDITUBEI Net incomel(expendiTurel 15 Staitd after chargin&{crediting)'. 2024 2023 Auditors, remuneration Audiiors. remuneration for non audit work Depreciation- owned as5et5 6.900 4,363 78.006 6.550 691 58,641 ii. TRUSTEES, REMUh'ERATION th'D BENEFITS One trustee re¢¢iv¢d spe¥kers' fees during the year amounting 10 £21912023 - Two trustees-£6791. Trustees, expenses Travel expenses amounting 10 £270 have been paid io on¢ tNste¢ during the year12023 £540). 12. STAFF COSTS 2024 2023 rages and salaries Other p¢n5ion costs 134.999 63,743 137,268 60,352 198.742 197,620 The average monthly number of employees during the year w'a5 as follows.. 2024 26 2023 27 Pro8ramm¢ delivery 8nd communiry No employees r¢¢¢ived emolun)en15 in e.Kcess of £60.000. Page 18
SCARGILL MOVEMEl¥4T N'OTES TO THE FIPI'ANL'CIAL STATE.MEIN'TS- contlllued FOR THE YEAR Eh'DED 31 DECEMBER 2024 13. COMPARATIVES FOR THE STATEME OF Fif%'AN'CIAL ACTIVITIES Unreitricted fijnds Restricted Total fund5 INCOME AND EII'DOWMENTS FRoftrI Donations and legacie5 626.710 59,292 686,002 Charitable actlvities Charitable acriviti¢ 631.380 631.380 Investment income 32,173 32,173 TotAI 1.290,263 59,292 1,349,555 EXPENDITURE OIN, Charltable activities Charirable activities 1.782,264 133.959 1.916.223 Other 8.694 8,694 TotAI 1,790.958 133,959 1,924.917 IS'ET Ih'COMEI(EXPENDITURE) Tr#nsfer$ between funds {500,695) 20,918 (74,667) (20.918} (575,362) r*'et movement In fund5 (479,777) 195,585) (575.3621 RECOiN'CILIATIOh' OF FUNT)S Total fitnds brought forward 3,283,465 106,059 3,389,524 TOTAL Fuf4DS CARRIED FORWARD 2,803,688 10,474 2,814,162 Pa8e 19
SCARGILL MI OVEMEN'T Tr40TES TO THE FI,'cIAL STATEMENTS- eontirtued FOR THE YEAR ENDED 31 DECEIMBER 2024 14. TLNGIBLE FLXED ASSETS Improvements to property FixDJre> and fittings Freehold properry Torals COST At l January 2024 AdditiotL 1.942,357 488,604 775,621 89.793 3,206,582 89,793 At 31 December 2024 1,942.357 488,604 865.414 3,296,375 DEPRECIATIOh' Ai l January 2024 Charge for year 119,383 9,418 488,603 575,087 68,588 1,183,073 78,006 At 31 tkceinber 2024 128,801 488,603 643,675 1 ?61,079 'ET BOOK VALUE Ar 31 December 2024 1,813,556 221,739 2,035,296 Ai 31 Deccrnber 2023 1,822,974 200.534 2,023.509 15. STOCKS 2024 2023 Srocks 20,713 23,886 16. DEBTORS: AMOUNTS FALLING DUE WITHIN OYI E YEAR 2024 2023 Other debtor5 Income tax recoverable 154,163 8.367 470,895 24,952 162,530 495,847 Page 20
SCARGILL LMOVEIMEf4T 'OTES TO THE FINANCIAL STATEMELYTS- contlDued FOR THE YEAR E,DED 31 DECEMBER 2024 17. CREDtTORS: AMOtrE'TS FALLG DUE IVITHIli ONE YEAR 2024 2023 Other loans (see note 181 Trdd¢ crediior5 Oth¢r creditors Deposits in adance Ac¢rued expenses 1.000 17,4?9 30.813 5,000 13,794 5,716 114,261 172.446 12.772 17i,431 311.217 18. LOAf'S An analysis of the maturiry of loans is given below.. 2024 2023 Amounis fallin8 due ivithin one year on demand.. Loan frorn friend5 of Scargill Mov¢m¢ni 1,000 5.000 Loans from friends of Scargill Movement consist of 112023 21 individual inierest free loans wilh flexible rolling repairynent dares. 19. MOVEMENT Ir4 FUNDS Net moveTneni in funds Transfers betiveen nds At 31.12.24 At 1.1.24 Unrestrleted fund5 General fund Design21ed Cornmunity discretionary DesIaled Bursary Designated spe¢ial rnainienance D¢5ignated Projecr development 2,408,837 10,035 10,000 82.906 291,910 198,964 (8,218} (341,956) 7,000 18.900 277,994 68,108 2,265,845 8.817 28,900 360.900 104,900 (255,1181 2,803,688 (64,3721 30,046 2.769,362 Re5trlcted funds Bursdry Fund Climate steivard$ Pocty book5 10.464 10 20,730 51 53 130,046) 1.148 61 55 10,474 20,836 130,046) ,264 TOTAL FUIYDS 2,814,162 (43,5i61 2.770.626 Page21
SCARGILL IMOVEMENr B*'OTES TO THE FLNAIYCIAL STATE.MEiS'TS- continued FOR THE YEAR ELNDED 31 DECEMBER 2024 19. MOVEMENT . FUNL DS- continued Net 0ement in flds, in¢luded in the above are as follows: tnconNng resources R¢sour¢¢s e.xpended Moi'emeni in ndS Unrestrlcted fuDd5 GeneTal fund Designaied Communiry discretiQD8ry Degignaied project dev¢lopm¢nt 1,022,783 (823.819) {8,218) (255,118) 198,964 (8,218) 1255.1181 1,022,78) (1,087,155) (64,372) Restrlcied funds Bursary Fund Climaie stewards Poery book5 Communiry Projeci developTnertt 20,730 20,730 51 55 55 500 9,435 15001 (9,4351 30,771 19,935) 20,836 TOTAL FUNDS 1,053,554 11,097,090) {43,336) Comp&rAdves for nlovemetyt In fund5 Transfers beh¥een fijnds movernent in fund5 At 31.12.23 At 1.1.23 Unrestrlcted fund5 General fund D¢5ignated Communiry discretionary Designaied Bursary D¢5ignaied Digital Equipment Designated speciBI Tnainienance De5i8naied projeci devElopment 2,002,161 12,408 10,000 15,000 212,000 1.031.896 565,517 (8,373) {158,840) 2,408,838 10,035 10.000 115,000) {79.095) {903,744) 150.000) 223,758 82,905 291,910 3.283,465 (500,695) 20,918 2.803,688 Restrlcted funds Bursary Fund Digital equipment Climate st¢w'ard$ Poetry books Project development 8,696 4,650 128 335 92,250 22,686 14,650) (20,918) 10.464 133)) (92,250) 106,059 (74,6671 (20,9181 10,474 TOTAL FUN'DS 3,389324 1575.3621 2314.102 Ps8e 22
SCARGILL IMOVEMENT ,N'OTES TO THE FIfAf'CiAL STATEMENI'TS- £ontinued FOR THE YEAR 'DED 31 DECEMBER 2024 19. MOVEMETr4T Ih, FuS- contlnued Comparative net movement in fund5, ineluded in the above are as follows.. tncoming resources Resourc¢s experbded Movemeni in fund5 Unrestricted funds General nd DeSIated Communiry discretion Designaied Digital Equipmeni Designated sp¢cial mainienance De5ignaied project development 1.290.262 (724,7451 {8,374) 115,0001 179.095) (963,7441 565,517 {8,373) {15,000} {79,0951 1963,744} 1,290.263 (1,790.958) 1500,695) Restrleted fund5 Bursary Fund Dibrital equipment CliTn?ie stcwards Poety books Project development 22,686 22.686 (4,650) (4,650) {206) 1534) 1128,569) 88 199 36,319 (335) (92,2501 59,292 1133,959) (74,667) TOTAL FUNDS 1,349.555 {1,924,917) (575,362) The Bursary Fund represents filnds received to finAnce conference and resideniial fees for guest.% unable ro contribiiie to the full amount of fees ¢haTgeJble. The Climare steward, Poety book5, Digi181 Equipment, and Project Development fund5 r¢la¢e to spe¢ifi¢ projecis that have 8nract¢d specific funding and expended during the year or arried foN'ard inio 2025. The Community Discretionary fijnd exists io relieve hardship amon8St community members. The special mainienance designaied fund has been created from general funds to cover SP¢Cihl mainienance work anticipat¢d for 2025. A second deSiared fvnd exisls 10 support ihe project development work planned for the future Grants from the restricted Bursary Fund are not expenditure of the charity as rhey are 'paid' io the charity and are included as income from charitable activities. To avoid double couniing the income of (he ehèrity. the grants mdde are recognised as a transfer between fund5. This r¢duced the alue of the r¢stri¢t¢d Bursary Fund by the antS it has made and avoids including the income again. Page 23
SCARGILL IMOVEMENT 'OTES TO THE FIh'AThL CIAL STATEMI Ef*'TS- continued FOR THE YEAR EN'DED 31 DECEMI BER 2024 20. CAPITAL COMIMITIMEJ'TS The charity had committed to capital e.KpendiDJre of £68.237 (2023 - £nil), relating ro the Chapel Audio sy51¢m and tbe Kitchen iefutbishment. 21. RELATED PARTY DISCLOSURES There were no related party transaciions for the year ended 31 December 2024. 22. INDEhlh'ITY INSUIWICE The ¢harity paid insurance premiums of £404 {2023-£404) ro indemnify the council from any lois arising from negleci or defaults of the council or staff and any eonsequent105b. 23. comPA'y LIMITED BY GUAIL4NTEE Scargill Movement is a rompany limir¢d by guarantee and accordingly does noi have a share capiial. Every member of the company (the members being the council memb¢r5 for the lime being) undertakes to contribute such a mount Bs May be requiTed noi exceeding £1 O io the a55ets of the charilabl¢ company in the eveni of its being wound up while he or She 15 a metnber, or within one year efter he or She cease5 to be a member. 24. CHURCU OF ENGLAND FUNDED PEfiSION SCHEME The membership fi8ur¢s that we hold as at December 2024 and December 2023 for Scargill Movement are sei oui in th¢ tabl¢ below. These are u5¢d 85 pan of th¢ Board's calculation of the deficit contributions in payment at ea¢h year end, whieh in turn feed into the FRS102 calculaiions, so are provided here for reference. 2024 2023 Number of members at this Re5PODsible Body Scarwll Movemeni panicipRtes in the Church of England Funded Pensions Scheme for stipendiary clergy, a defined benefit pension scheme. Thi5 sch¢m¢ 15 adtninisi¢red by ihe Church of England Pensions Board, which holds the 855ets of the Scheme separotely from those of the Responsible Bodies. Each participating Responsible Body in the Church of England Funded Pensions Scheme pays contribution5 F41 common contriburion rate applied to p¢nsionable Siipend5. Thc 5chcm¢ 15 considered to be a multi-employer 5ch¢rne as de5¢ribed in Seciion 28 of FRS 102. It is not possible to attribure the Scheme'5 a55e15 and liabilities io each specific Responsible Body, and Ihis means contributions are accounted for &$ if the Scheme were a defined contribution 5cheme.The pensions costs ¢harged to the SOFA in the year are contributions paJable roward5 benefit5 and expen5e5 accrued in thai year, which were £27,012 in 2024 (2023.. £22,736), plus any figures arising from contributions in respecr of the Scheme's defieit15ee below). The 2021 Valuation Showed the Scheme to be fully funded and as such in 2023, following the valuation results bein8 ae¢d, the deficit coniributions paid were £NIL12023-. £NtL). A valuation of the 5eheme 15 carried out once every three years. The most recent Scheme %Tluation completed was cartied out at as 31 December 2021. The 2021 aluatiOn revealed a surplus of £560m, based on a56et6 of £2,720m and a fi]nding wger of £2,160m, assessed using the following a>sumptions'. An average discount rate of 2.7°, RPI inflation of 3.6 ioP.a. (and pension increases consistent with this). CPIH inflation tn line with RPI less 0.80iQ pre 2030 moving to RPI with no adjustmenr from 2030 onwards. Incr¢a6e in ptnsion8bl¢ stipend5 in line CPiH: Page 24
SCARGILL IVIOVEIMEIN'T NOTES TO THE F%,ANCIAL STATEMI Eb'TS - eontlnued FOR THE YEAR E,DED 31 DECEMBER 2024 24. CHURCH OF EP'GLAhU) FUNDED PE'SIoN SCHEME- eontinued Mortality in accordance ivith 9010 of the S3NA table>, qth alloivance for improvemenis in rnortaliry rates from 2013 in line wryth th¢ CM12020 extended rnodel with a long tern) annual rate of improvernenl of 1.501,0, a slnooihing paramerer of 7, an iniii818ddition to mortaliry improvements of 0.50/0 pa and an all0,ance for 2020 data of 0¢ w2020- 0/0). (i.e. Followng finalisarion of the 31 Derember 2021 valuation, deficit contTibuiions ceased effe¢t from l January 2023, since the Schem¢ fully fijnded. The deficit reeovery contributions under the recovery plan in force at each 31 December were a5 folloii%'. 31 December 2021 31 December 2022 31 Deeember 2023 31 December 2024 ./ of pen51onable stlpend$ 7.1 Yo payable from January 2021 to Decernb¢r 2022 NIL NIL NIL An interiTn reduction to deficit contriburion5 10 3.20/0 of pensionable stip¢nds was made with effeci from April 2022 anij remained in place until December 20?2. For senior office holders, pension8ble stipend5 ar¢ Ddjusied in rhe calculaiions by a mulriple. as sei oui in th¢ Scheme's rules. Section 28. I IA of FRS 102 require5 agreed deficil re¢overy payments ¢0 be re¢o8nised as a liabiliry.However as there are no defieit recovery paymenis frorn l January 2023 onw'ard5 the balance sheet liability a5 ai 31 December 2023 and 31 De¢ember 2024 is nil. The movement in the balance sheet liability over 2023 and 2024 is set oui in the iable below. 2024 2023 Balance She liabiliry at l January Deficit eorttribution paid Interest cosr Irecognised in SOFA) Remaining change lo the balance sheet liability. ([KOLSed in SOFA) Balance sheet liability at 31 December Comprises change in Jgreed deficit recovery plan, and chan8e in discouni rate and inflation assumption5 beThveen year-ends. The legal StnJce of the scherne is sueh that if another Responsible Body fails, Scargill Movement could become responsible for paying a share of that failed Responsible Bod5 PEnsion liabilities. Page 25
SCARGILL MOVEMENT ,N'OTES TO THE FNNCIAL STATEMEIN'TS- contlnued FOR THE YEAR EI)ED 31 DECEIMBER 2024 25. OTHER PEYI SIONS- MONEY PURCHASE SCHENqE Scargill Movetn¢nt also conrribuies 10 money purchase pension schem¢5 for the b¢nefii of its eTnployees. Contriburions payable under the NEST and other private schemes are charged ro ihe siatern¢ni of financial activitie5 in the year they are payable. Page 26
SCARGILL MOVEMEf'T DETAILED sTATE51IE,T OF FIJI 'M'CIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 IP4COME AND EP'DOWMEINTS DoM2tlons and legacie5 Donations Legacie> Gronts 268,629 12,148 343.143 335,359 7,500 280,777 686,002 Investment IDeome CFB Investrn¢nt Fund distribution Deposit accouni interest 1,150 3,806 28,367 11,261 32,173 Ch*rltable actlvltles Fees and senunars Sales RHI ittcome received 711,899 23,921 25,000 591,875 19,505 20,000 760,820 631J80 Other Income Other income 696 Total Incomlng resources 1,053,554 1,349.555 EXPENDITURE Charltable #¢¢ivltles Wages Pensions Food and proamMe expenses Community allow'¢¢5 and siaff costs 134,999 63,743 247,462 25,408 168,Oi4 295,781 3,287 78,006 26,413 137,208 60,352 208,393 21,263 147,643 1,229,067 3,!$5 58.641 18,579 740 Repairs and maintenance Finance costs Depreciation and amonisalion Marketing. PR and literarure Grants and donation5 1,043,153 2.885,301 Suppfjrt C05t5 This page does not form part of the siaruiory financial statements Page 27
SCARGILL MOVEMENT DETAILED STATEIMENT OF F1,CL4L ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 202) Support costs Other Motor and trèvelling e.Kpenses Office expenses Recnjitrnent and training costs 15,751 15,042 10,096 12,967 7.455 42,674 30,518 Govern¥4nee eo$ts Audiiorg, remuneration Auditors, remuneration for non audit work TNsiees indemniry insurance Accountao¢y fees 6,900 4,363 6,550 691 404 1,453 11.263 9,098 Toial resources expended 1,097,090 1,924.917 1S'et expendlthre {43,5361 (575,3621 This page does not form part of ihe statutory fiD&ncial Statements Pa8e 28