CHARITY COMMISSION
Churches Trust for Cumbria
{A company Ilmlt•d by guarnnt•tr)
Annual Report and Flnanclal
ststements
30 June 2025
Company reglstratl¢)n nUm￿r. 06353020
Charity registration nurnb•r: 1128091
dOdd&co

Churches TN8t for CumbrJ•
Contents
R8f•fenceand AArronJ3trative Detalls
Truste8¥ report
Trustses. respcmsibilities in rela￿ to finand81 $tstgm$nts
Independènt 8x8m6nets report
ststernent offinandal activlb"86
8alanc• $hgot
Notes to Ihg I￿a￿tal statemant$

Churches Trust for Cumbrfa
R•f•r•nc• and ￿mInIstratIve Dalalls
Charlty nam•
Churthes Tru$l fvr Cumbda
Chwlty reglslrntion numbor
1128091
Company rnglstratlon Aumb•r
$53020
Prfn¢lpal offlc•
Church Hou89
I￿24 Frtaryata
PENRITh
CA117XR
R•ghtsr•d ¢Jftk•
Church House
19-24 Friargat
PENRITH
CA11 7XR
Trust••s
JMI￿n9
C T Hensman
{Resigr*d 1 April 2025)
Ir8signod 7 July20251
ACINayt¢
N R RotrAon
R D W Rtsjdes Irestgned 7 Juty20251
J M Robinson
T Hunt
J Westoll
T J Whitlaker
{&)polnt8d 14 Janvary 20251
(appointsd 14 February 20251
V Ross
Dodd & Co Llmited
FIFTEEN Rosehlll
m￿￿￿￿ry Way
Rosèhtll E8iats
CARLISLE
CAI 2RW
Page 1

Churches Tr￿¢ for Cumbrla
Trust￿. Report for lh• Year End•d 30 June 2025
The financlal statements have been pmpar&J in aceordance wilh the accounting pojldes set oul in not98 lo the
#I￿unIS and cOm￿Y wrfh the ch8rfty's govomlng th)cum8nL the Ch8th8g Act 2011 and AccountiFVJ and Rewrtlng by
Chailues.. St8ternent of Recommended Practicè appli¢aN6 to charities preparing ihalr accounts In acurdance wrth the
Flnanual Reporting Standard applICab￿ in the UK and Ropublt¢ of Ireland.
Structur•. Governanc• and Manag•m•nt
Govemlng document
or9anisalitsn is 8 ¢h8rft8bJe comp8ny Ilmlted by gu8r8ftlee, h7corporat¢d on ? Aprfl 2008 #nd regISte￿d 8s a ch8rlty
on 17 FetX5Jary 2009. The ctsmpany was established under a Mernorandtjm of Asso¢iation. which established Ihe
objed5 and powets of the charltable o)mpany and is govemed under Its Artides ot Assc¢48kn1. In the event of Ihe
windiryJ up of th? cha￿table companythe Ikqbility ofthe members is not to exceed £10 each.
Ro¢tultm•nt aNI •ppolntm•nt of Ilan•gem•fitCornmltt
Undèr lh8 Artths. Ihe apFKJlnlment of all menknts of the Management Committee must be approved by existkng
membars and must ojnsgnt in writing. All nwbers are 8li9lbb tor Tr-eleclion.
Indu¢llon and lrnlnlng olTrts5tg9S
Introdu¢tK)n and train1￿ of now truslees wll bè undgrtaken by the guklancg of the exisbro truste￿.
Rl¥k Manaymont
The direcior5 have a58essed th¢ major risks to whlth Ihe chaiity is ext¥xed. in part￿lar (hose related to the operations
and finances of tha ca)arty and aro satisfiod that adoqu8to systèm8 are in ptace to mitig8te aw txposure to Ihe major
ri8ks.
objeth￿ and Actlvttle• fr•T Publ1¢ Benefft
The princSpal obiacilvg of the ¢ompony is lo provh1e or promta thg use of of worship in Ihg pro%Aslon of facSlhks
in the Inte￿$ts of sorial weffèro in recreation and ltrisure time occupatk)n ￿ the objeLlive of IMP￿￿ng ts conditi'or of
lrfp of residents In Curnbria wlthout dlstln¢ti¢)n of sex, sexual orfentstK>n. r￿e or of religlous. political or other opinlons.
Trusteeg Ixjnfimi that Ihey have referred lo the general guidance on pubtk benefit Issued by th6 Charfty
Ctynmisslon r￿$￿ir0 and plannlng the charty's aims oThJ L*jsctive8.
Ach10￿MOnth and P•btomion¢•
InstitutK)nal changos and pgri¢)d8 of tran￿tth funding partn8fS havg r&8ulted in a than d•S￿ed yaar for the
Injst. However. tt)is ha5 given us th6 opportunity to assess our obiodives,. cor￿£￿trate on SUC￿$10￿ ￿8nnIng and
widèr promotion ofthe irusts work.
Th8 of C8rtlsl8 (OUT maln fiJnd•rl made a bid to c•ntral d)vrch for their Dio￿an Inv•strn8nt Prryrarnme, to
enabS• stiatègic priorities and th8 bold oulcom•s ofth• Churth of England's Vlslon and Strategy forthe 2020s. To 8VOKI
conflicts of interesl and cap8Uty issues th& trust withheld ptacing an applicat￿n lor ftlnding to th6 H8rilag8 Lottery Fund.
In March 2025 lh8 Diocese wer6 succassful in their bid and awarded £6.8 million by th8 Church of EngLqnd to help
Cumbrian churches grow ms8s￿nal. y￿n￿r And more diverse laith eommunittes. In May 2025 Rt Rèv R¢Jb
Sanar.Halgh was apwnled as the 68th Bishop ol Carflsle. Rob had be8n the adro Bishop of Cadislo since September
2023. N•w fiJrKltng and the appolntment of81shop Rob oiv8 new purpose and thrndion for Cartlsle DI0￿se.
Likews8. there have been Institutional changes W￿1￿ The Cumbrsan Methcmlist. Throughout this perbd. Ihey ha¥e been
wod(ing to ueate And embed the nèw Cumbrta ¥v¥J& Cirtuit, along with planning thgif V4sion up io and beyond
Sept&mt4r25.
Th&se InS￿tU110nal and tran￿110nal pertods have given CTfC the opportunty lo consider its future ro￿ and purpose with
partners. CTfC wish to conb.nub to supwl ￿1 of cAJm￿l8,6 Ch￿￿h&s. As a tNst. ¢)ur focus is on: consw¥l￿9
Cumbrfa's •eel•sl•8tlrAI bullt h•rltag•j promotlng th• livin9 hl8tory of our ehureh buildlngj; and provldlng
tr8lnlnW•du¢atlon to do ￿. Our rde is not mlssion81, but we are mindful and son$itNe to the tensions p￿sented
thin Ghurch bJildSftgs. CTIC w$h to remain an Independert 'hcmest brokerf, the agility and fie￿bilIty to worfr
across th& COUEty, drawng togethèr different stak8holdèrs who often havo diff•ring vièws. in ord6r to so•k benoficial
crtrteomes for chu¥ch communiti88 and ecdasiastic81 heritage.
Page 2

Churchos Trust for Cumbrla
Trustq•s' R•port for the Yaar Ended 30 June 2025
One area have id8ntifi•d is Ihe recording of ¢huTr* buil¢Jings and the'treasurtss, within them. Underslanding what Is
In OUT ehurch b¢Jildlngs is lrnpcftanl for many reasons, even rnor8 so if wo are to lose church t￿lIdir$gS and thoir
h8rtts9e. CTIC can48d out 8 pllot recordlrrfJ fdlowing th0 1-10 system set up by tho Mctorfa and Albert Musèum. carrfod
Jl by NADFAS and Trow the Church Rs¢orillng Sodaty.
To maintain Iha profile of the trust, Its wryk 8nd th& challenges faclng our thurches. CTIC was featuwl In the M8rch
2025 editlon ofcurnbria Lifè.
Tim Whittaker has been appcrfnted a8 a n¢w twstee. Tim ha8 worked for the National Twsl in Cumbrla, as a hislod¢
tsjifdings, surveyor and 8 Historic Buildings Representalve. Sinco 2[￿10 he's run The Spitaffields Historic Buildings Trusl
in Lon(Jon and the South East and South W81es repairing numeTOUS buiklings at risk. fKn w411 t8k8 as thair wh8n
Adam Naylor stands in July 2025. CAaire H￿$rnan ol the original trust8•s stood down in Aw"12025, and
Rhodes a180 depart8 in July 2025.
Partn•rnhlp Worklng & Ilgtworking
c4rf14￿ Di¢)¢tt• and Cumbrfa IAethodists- Cunmunicgtx)n c￿￿InUeS wmh the 8nd the IknIFKMIi5ts. Tho
D¢v8fopm6nt Offlc*r ￿lS on tho Dlocese Adww Board, and Ihe Netzero Carix)n sV￿COmMItte8.
N•tlon&l Church•s Trust INCT), Ch•rl$h programm• - Th8 Dèvelopment Officer 51t$ on the Norlhwést steerfng
grtsup of The NCTS £1.9m project wth th8 Nati￿)8￿ Lottery Heritsge Grant FuThJ to boost sknlls. r8swrc8s and fund%ng
for his1￿1¢ placosof ￿￿KshIP in Scotland, Walosand Norlhwast ol England.
H15tork R•llgl•u$ Bulldlngs Alllanc• and Cumbrla Tourl¥m- Annual mamborship and medings keep u5 abwa81 of
national issu8s and wmat olher local trusts are doino. Dlseussions are planned in July 2025 v*th CumL¥ia Tourism to
dlscajss the FKJtenlh4 ot thurth bulldings In ourvisitrff ecOr￿My.
Fulur* opportunIt￿l
CTIC recognlsg th8 last y8ar. and thè coming months will bring a perk)d of change aF¥J tFansltlon. The Trytst Is focajse
vn its objeth.ves and opth"mi8tic that over Ihe corning years it can achieve these pdorftses, by WOFking in partnetship with
cthef organisations.
R•s•rvo5 Policy
The directors arè establlshing a policy ￿erebY unrestrlcted ftsnds held by the charfty sh<HJld be t*tween three and slx
nx)nths of the resourrxs expended. At this level. the directors feel that ihey s%rJuld be able to continue the current
4rAlvll•B ol th• charfty in th• •v•nl of • S￿nI￿clnI drDP in fvndlng. Al w•8•nt, *h• fr•• r•¥wv•8 of £49.PJ)2 fall vllNn
thls target. and th•r• ar• r•stdctod m•N•S of enll,
)veBtment Pgllcy
Under the m8mL*8ndum and arbcl6s of assocl8Uon. th• charlty has the to Inv•st surplus funds %there the
directors approprkryte.
Sm•ll company wovlslons
Th￿ Tgpcrt has t*8n pr8paTed in accordance vlth lh& small comp8llle3 r8ylm• undèr tho Coryani•8 A¢t 200e.
Appro¥*d by the Board on 6 ¢)dtsbèr 2025 slgned on ils boh8W by..
Trust
Pag8 3

Churches Trust for Cumbrfa
Tru8tg9s' Raspon8lblllUe8 In rglatlon to tho Flnan¢lal Slalements
trustees (W￿ are also dir•ctcrfs crf Churches Trust for Cumbrk4 for the ptsrposes of company lawl a￿ responsible
for praparfng Trustee$. Annual Report Bnd the Ilnancial ststernents in accord8n¢e appltcable taw and the
Flnan¢ial Reporting Stsndard 102- Th& Financlal Reporting Stsndard applicabl6 in the UK 8Dd Republi¢ of ITelan(r.
Company law requires the trustees to prepa￿ financial statements for each financlal year whteh give 8 true and falr
view of thè state of 8ffaiTS ol Ihe charit8IAe ￿MpanY and of the In¢oming ts8ou￿$ and application of resources
includin9 income and ex￿￿11{&re, of the charit8bJe company for that period. In preparirw these 16nan¢ial statemènts, th&
trust&as ar& raqulied to:
select sutlabl6acix)unllng policies and then apply thom ¢oDslst8nity.'
observe tha methods and prsnuples in the Charities SORP..
makè judgements and estimates th8t are reasonable and pnjdent..
stat8 ￿ether UK ae¢{￿n￿r￿￿ standards have bean IC41(A￿d. subject to any matsrial deparbjrès dlsc*)wl
and exp￿￿￿1 in thè financial stat8m&nts and
p￿￿￿re the financial $tstem8nls on th& goiThJ con¢om basts unless it 1$ Inappropfl8te to pr•$ume that Ihg charitabl&
eompany wll ¢onbnu8 In bu$inesy.
The truste85 are responslble for keeptng p￿r arwjnting Tecords Ih8t disdose with iea50naUe accura￿ al any time
Ihe finanual p￿itiCI) of the chatitsble company and 8¥t8ble them to en$ur8 that thtr financial $taternents Comply vath the
Companres Act 2(￿. They 8fy also r88ponsiblg for safgguardirrfJ the ass6ts of the ch81itsble Com￿rtY and h¥nce for
t8￿ng reason&￿e Ste￿ fry the p￿ven￿On and detection offraud and othèr irregularttie&
Pa￿4

Ind•penden¢ Examln•r'8 Report to tho Trustees af
ch￿￿h¢S Trust for Cumbrla
I reFKMt attounts of the Company for ended 30 Juna 2025, whsch are sat out on pag08 6 to 15.
R•sp•¢tlw re•pon$lbllltfjos of iru8te•8 and•xamlnor
The tNstees (who also the dlrectOf3 Df the company for the puiposes of ￿MpanY lawl are responsltle for the
prep8Tatitsn of th8 a¢¢ounts. The trustees conslder that an audit Is not r6quir¥d for this year under s8cUDn 144121 of
Charib&s Act 2011 as amended by the ch8￿￿¢5 Act 2022 (the Act) And that Bn independent examination needed.
Havh¥J sallsfied myself that tho thafty Is not sublèet to 8udl¢ under Part 16 of thg Companies Act 2006 and 18 elvJib
for Ind8￿fident examln8Uon. it Is rny re6ponslbilNy lo..
examffi& lh8 accounts tjnder 88ction 145 of the Act..
tollow the PTOC8dur8s laid down in Gtheral Directions giv•n by Ihe Charity CoMrr#s￿on (tr￿tyr 14S
151 Ib) ol thè A¢t', and
state *thether parU(xtsr mattws havo a￿*10 my atten¥c￿.
B•*l• of Ind•p•nd•nt •xwln•rti r•
msn81￿ was ￿rTI¥d out In accordan¢& wlh the G•ngral Dlr8CtlonB g(vèn by th• Ch8rfty Comml$8lon. An
gX8ffilnatlon Indud•s a review ol the a¢¢ountlry recoyds kèpt by the chafmy and a comparlson of tho accounts
presented those ￿COrdS. It 8180 includes LYJnsideralion of any uTrusu81 it8rn5 or disclosures In the Bccounts, and
seeking explanations from you as tru$ts¢3 Gon￿Ming any such matter3. The procedure5 undertaken do not pwd¢ all
the e￿defttt Ihal WOLAd be required in an audit and consequentty ￿ oplnion Is given as to whelhei tho atxounts
a Iwe and fglrvtew and the reF¢)rt k4 limtted to trK*8e matters sel out in the stalement below.
Independ•nt •xamln*K 8tat•m•nt
In eonnedion with my 8xamination, no mattar hag ¢omo to my att&nlfon.'
11) whith giv¢¥ me roasonablo tauso to boNov8 Ihat In any material fespecl th• wquirements:
to ke6p ￿￿￿11￿9 records in ac¢or(18nce with oeCt￿n 386 of the Companies fvLt2¢)06'. and
to prepare accounts whlch aC￿r(l th8 ac0)Un￿Trj records, comtly with the attountin9
requiremgnts of section 396 of thg Companies Act 2006 and %wth the methods an(1 prkndples Df
ststgWltof RecvnTr*nded Pra6llce'. Ac4ounUn9¥lld Reporting by Charltt¢$
hav• Tr)t bo8n m•l', or
P) to whlch, In my oplnlon, att8ntk*) shoLt]d bo drawn In ord•r to trn0￿e a pTop8r undtsrstarvjkng of the accounts
to b¥ F￿hed.
FIFTEEN Rosehill
Mont9omery W
Rosehill Estsle
CARUSLE
CA12RW
nè Thornlinson FCA
dd & Co Llmited
h8Tt8r8d Accountants
6 O¢tobèr2025
P•Je S

Churches Twst for Cumbrla
Stal•ment of Flnan¢lal hthlvltl•s (Includlng Incom• and EwndMur• Account) lor the Yoar Ended 30
Jung 2025
Unr•strlcted Total Fund6 Totsl Funds
Fund6
2025
2024
om• and ondowmonts from..
Donations and legaues
Total inttsme and gndortmènts
26,170
26,170
26.170
26,170
26.710
26,710
Exp8ndltum on..
CharitaNe actiwties
Totd èxpeThJttu
21,225
21.225
21.225
21,225
25.067
25,067
Net mov•rnents In f￿d&
4,945
1,643
R•corKlll#iion of funds
Total funds brought forymrd
Total lurKI8 cArrt￿l f(ThaTd
44,822
49,767
44.822
49.787
43.179
44,822
All of thè Charitys actiwtks dofNe from ¢c￿￿￿u1ng ope￿￿on$ during tha 8th)ve periods.
The not9$ on pages 8 to 15 form Hn integral part of these ftnandal statgnxnts.
Page 6

Churches Trust for Cumbrf
Company reglstratlon numbèr: 065530X¥
Balanc• Sh••t aB at 30 June 2025
202S
2024
Flxed aBs•ts
T8rNible a8Sets
Currenf assets
Debltsrs
Ca$h ai bankaNJ *fi ￿nd
165
297
193
50,635
50,728
187
45,920
46.10T
cl￿10￿. Amtyjnts I￿11￿ due wllhln on•
y•*r
10
{1.S821
Netcury•ni asvts
49,802
44,525
N•t M8•ts
49,767
44￿22
Th• funds olth• C￿rty.
Unr•*trlct•d
Unre$irlct8d IrKcffl8 fundg
49,767
44,822
Totsl charltylund8
Fu the fwianGFal Y￿ sndad 30 June 202& Ihe ch8ri1y wa$ enliled lo exem0￿ trom audit Section 477 01 the
¢ompon(6$ Act 2CQ6.
49.767
The member¥ have n(# rewlred Ihe charfty S) ¢btaln 8n wdltof tt6 8¢fntirts (orthe yeBr In queskn In acoJrdan¢¢ w4th
aection476 ofthe Act.
The dlr8cloM #cknowkndg8 th9* r0eFth$I￿l1lth for cOmpl￿ng wlth th roqulrow*nts ol th8 Act wbth r8SPgCt to
•ceounttng re¢•rd8 pr8p?r8len ofac¢ounts.
These qccounts have prepared in a¢ts)rdartt the proii1sK)I￿ ap￿1¢#b￿ to companie$ 5uty'8Ct to the sm41
t￿panIeS reglme.
Appmved by the Btsa￿ ortr 6 Ocfober2W25 ¥nd Dn Is behall by..
ijw
7ru51e&
l&ker.
Th• npta8 on pagos 8 to 15fomi Bn Inttyfal partoftr*5• financ1￿ Stslements.
Pfjgè 7

Churchgs Trust for Cumbrfa
Notss to tho Flnanclal Siatemonts for the Yoar Ended 30 June 2025
Accounling pollcle•
Summary of glgnl1l￿nt aecounttng pollcl•* and koy ac¢ountlng o¥tlrnatsa
The prfntspal accounliro polieAes aFyI￿5 ￿ th• preparation of th￿ finanaal st8t8ments am sel out balow. Th•se
pdlefg8 hav6 bgen conslstsnftyapplied to all the years presented. unless otherwise stat￿.
Stat•m•nt of comWlanc•
Th8 ffnanci81 slatem8nts have been prepared In accordance ￿1h AcrAwnl*ng and Reporttry by Char*Uas.'
Ststement of Recommended Pracbc8 applie8tAe trj d￿rItieS F¥•paring thoty accounts In accordance with Ihe
FknancJ￿ ReimKt￿g Standard applicable th8 iIK and Republlc of Irejand IFRS 102118ffective 1 January 2019)-
(Chari1*5 SORP IFRS 1021), lh8 Flnancial Rewlirvg star￿ard applicable in th• UK and R•public of Irdand IFRS
1021 and thè CcThpanie¥ Ad XN)6.
8•sls of pr•por4tlon
Thè charltaL48 ¢ompany m86ts the definmon of 8 PLtblic benèfit enlty Ltnder FRS 102. A￿ets 8nd liablltttes are
Inmlally mcognised at histortcal cost or transactlon value unfa88 otheNlae stated In the reknant accounllng pollcy
te$.
Golng con¢•rn
Those finantx81 $tatemonls have been p￿pared on a going ￿nCOM bas1$.
Thè Iruste8s as8ess wh?theT Iha us& of golng concérn is apprr4)riat• 1.8. wheth•r IF￿r9 ar• any matèri
uncertalntigs relat￿ to events 0rwnd1tfj￿S that may cast slgnfficanl doubt on the abltity of Ihe Charity to continue
a% a going concsm. Th• trustees make Ihis assessment In respeet of a period of one yaar from thè date of
approval of lh8 finand81 $tatemgnt8.
Fund accoun¢Sng pollcy
Unrestricted income fijnds a￿ genBral fvnds Ihat ar& available ts u8e at th¥ trusie8s' d1*ret￿n In furtherance of
lh• L4JjeclN8s ol the chanty.
Further d6t8ils of each fund are di8closed in note 14.
com• •nd •ndowm•nts
Donations are recognised wthen the Charfty has been notified in writing of bjth the arr￿jnt 8nd seloemgnt date. In
the evsnt that a donation Tr5 subject to ¢onditlons that requlr• a level tsf perfomianee by the Charity beftye tr
Chafity is •ntitt8d to Its funds, Ih8 incom8 18 deferrad and not r8cTrJnis&d until ei¢hor tlkJ8e conditK)n8 are fully
rnoL or the fulfilmènt of th088 condiknons is wholly within thè control of the Charity and it is prob8tle that these
c￿drttons Mll bg fvifillad in the roportj'ng peftod.
Leg8cy gifts are recognised orts a case by case bas¢s lollowng the grant of probate vknen tha admin16torl8xe(&rtL¥
lor th6 8Stat8 has communlcated in wrTrtiry both the amount athl sgttlemènt dale. In the event that the gift 15 in thg
forrn of an asset olhgr than cash or 8 finandal a38ettrad&d on a recognised stock 8xchang•, recognition i¥ 8ubject
to the valtsts of the gift being r81i8bty measured wilh a degre• of reasonat48 8ccuracy and the tiue to the asset
having been transferred to the Charlty.
Income from Govemmenl and olher grants, whether '¢apital' grAnts lx 'revenu¢' grants, is rO￿gnised when the
¢harity has entit￿ment to the funds. any perfomance conditvJrs attaethed lo the grants have been met, it 15
pwob8bl8 ihat the income will be re(aNed aThJ thè alr￿￿t Can be ￿￿&S￿re￿ reliablyand is not tleferved.
Page 8

Churches TnvJt for Cumbria
Notes lo the Flnanclal Statements for tho Y•ar Endod 30 June 2025
Expondtturg
Llabllftles are recogn1￿d as sooj) as t￿r@ Is a legal or constNcdve obHgatton ttjrnmftllng thè charty to th•
expendrture. All 8xpendlture is &C￿Unted an accruals basis and h8s b•en classthed und•r headangs that
aggregate all cogts r•lated to tho category.
Charftable 8xpendlture comprlG8S thc>s• ts)sts IncU￿ed by the thatlty In Ihg defivary of Its acNties ènd s0￿CeS for
its benefldaries. 11 Intludes both cost5 that can be allocated dtrecllyto surh actlmties and those eosts of an Indlred
natur8 necessary to support them.
Support ¢osts
SupF(rt ¢>JSts inr4(HJe c*ntral functions and havè been allocated to 8ctt*ty cost cat$w￿S on a basis cc*)sistent
wrfh ttkg use of resour(x8, for pxampb. aifocating propety by fbor areas. or per capita, slaff costs by th9
"m8 spent 8ThJ other c£Jsts by their vsage.
T•x4Uon
Thg Charfty Is ¢onsld8r¢d to pass the tè¥ts set out In Par8grdph 1 Sch8dule 6 of th? Finats￿ Act 2010 8nd
Iherefore il m¥ets Ihe defmrlw ora d*rilabb company for UK ￿)r￿alton lax purposes. Accordingly. Ihe Charily
is potentially exempt from tsxadon in resptsct ol ¢neome or capital gains received WTlhtn catsgorig8 eovered by
Chapter 3 Part 11 of thtr Corpor8tion Tax Act 2010 or Se¢t*)n 2S6 of the Taxation of Charg08ble Gains Act 1992,
to the extent that su¢h Inctjme OT u8ins are applied exdusivety to chaiitable pvrrKJses.
Flx•d •ss•ts
Indivblual fixed assets c4)8tino £1￿ or moro are Fniliauy rectyded at ¢OSL
DèprOc￿tsr￿ i8 pffjvided on *an9iblg flx•d a$s8ts $0 a8 to write off ￿st or valuath)n. I￿$ any •stimat8d
re5tdual valuo. over thelr expected ustsful erxJn0m￿ Ufe as tolb￿..
Computeraquipm8nt
33% 3tralght I￿8 basls
T[￿le d8btors are aM￿ntS du• from customets lor merchandise solj or s6Thices perfofmed in th8 ordinary o)urs8
of bUsin￿s. Trdde d6btors &r8 recognised inili8lly at th8 IT8nsaction prfee. They are subsequently measurgd at
amords&J ¢05t uslng th8 elfectw• Inter•st methott, le8y provlskin for impairnient. A provl8Ksn for the im￿l￿nI of
tradè debtors 1$ establlshed when th￿a is objèctiv8 &vklenc8 that th8 Chaity VAII be abl• to ¢0118ct all grnounts
(lu• accordbngto thè orfglnal tfjrn￿ of tho r8eèlVabl￿.
Ca•h and Ca*h Equlvalent8
Cash and cash equfvolenls eompris• rash on hand and call deposits. and other 8hort-tanTr hlghly Ilqutd
￿n￿St[￿ents Ihat arn r•8dHy rX)nVerttb￿ to 8 known amount of cash and are subject to an inslgnthant risk of
djaroe in vglu8.
Llabllltl•s
Tr8de credttoTs 8r• oblkJ8tbn8 to p8y for wds tsr seNIc45 Ihat have been 8c4ulred In Ihe ordlnary eoLW of
buslnass from Suppliers. Accwnts payable arn dassifie(l as current Ilabiltties If thè Charity does nol have an
unconditional right. at lh8 8nd of the rep￿ts"￿9 peric*J, to defer s8ttJemènt of the crgditor for at least twelv• rrtonths
8fter thè reyjrtlng date. If there Is an uneondltlonal rfght to defer sèttlemont for at 188st tsv8tv& months after the
reporllng date, they are preG&nteiS as non•current Ilak￿lItIes.
Trade ￿editots are ts¢ognis•d iniltalty at the IransactKtrn priee and subsoquenlly meagjred at amortised ¢ost
using the efferA've interest melhod.
Page 9

Churches Trust for Cumbrla
Not•s to Ihe Flfftan¢lal Slatoments for tlw Y•ar Endod 30 Jung 2025
P•nslons
The ch•Hty operates a dgfined ctntribution p•nsion scheme. CtsnthbLI6on8 are Chary￿ in Ihe ststement of
naneLql actlvht89 88 they botrJm8 payable In acwdance wth the rule8 01 th• sch8m8.
Flnaneial inslrum•nts
Fin&nci818ssets financial liabilibes a￿ re¢ognised when the ch8rity becomtr5 a P8rty to the ¢onlracbJ
provistons of the instrument. Finanoal li8bitities and equty instwments are d8s5rf18d accordiThJ to the substonce of
the contsdual arrangements entered into. An equty instiument 1$ any o)ntract Ihot ¥videncEs a wdual interest
tn Ihe assots of the Charfty 8fter deduct¢ng dl of its liabl1￿e8.
JI financ4al assèts and Ikgblltlloy are I￿ A*&8ured at transath pric• Ilnduding transactlon ¢ostsl. • for
those fln8￿￿91 ass&ts classified as at fair valu8 through profft or 109$, whkh are Inltl8lly measured at f&ir valu•
l*thi¢h is normally Ihe transactitsn price exduding transaction costs), unless the arrangemènt ¢onstilutes
rinanclng transaction. 11 an arrangement ccfflstitutes a ffnancing transaction. the financial ass&1 or financk41 liability
Is masured at the presenl value ol Ihe futrJre payments discountéd al a maiket ralo of interest a simisaf debt
InstrumenL
Financial ass8ts and liabilrf"Fa¥ are onty offset in the statbmgnl of finanoAI positi'on %th&n. and only Vlfften Ihere
exisis 8 1gJally enforc8able right to s&t off th8 reccxJnistrd arnounts and the Charity intands gither to satu• on a not
ba￿s, or to Tealisè the asset End s9￿e the liability simvKaneously.
Fkn8nclAI ass•ts are derecognlse(I wthen only when al the Contractu￿ Ilghts to the cash I￿￿￿ from
financial asset exrrt￿ or are setled, bl the Charfty transf8fS to aTh)ther paty substantialty all of the risks and
Tewards of ownership of the finanual asset. or cl the Charity, despite hawng retalned sorne, but r¥)t all. signifKant
rTrsks and rewards of ownetship. has Iransf8rred conirol ol the 8s8etto another paty.
Flnandal are derecognised only Ythgn obllgatton $k*dfi8d Iri tho ￿ntract Is dlscharg8d. cancemed or
explres.
Dond¢)ns and ltya¢l•¥
Unr•strfct•d Total Fund¥ Total Fund¥
Fundg
2025
2024
Grnnfs
Grants
26.170
26,170
26.710
AM of donakn8 and legacth Inc￿ In 2024 iel8ted to unft8tricled ftJndg.
Page10

chU￿h63 Trust for Cumbrla
Notes to the Flnanclal Statemonts fr*r th• Yur End8d 30 June 2025
Charlt&bl•
Total
2025
Olrn¢t 6Dst•
employment o)sL%
Irksuranca
Sundry &xpgn8e8
Dep￿￿9tion ofofflce oquipment
f8,498
205
753
132
19.586
18,498
20.657
195
2.453
7&3
132
19,588
23.403
Supwt costs
Compuler S0fva￿ 8rKI nwntenancè ¢osts
Accountancy fees
Indopondent examlner'8 fse
Legal and profeB8ional fa8$
Bank charges
179
699
350
360
49
1,637
179
350
347
360
59
1.684
49
t.637
21,225
21,225
25.067
l oftro •xpendknr& In 2024 related to unrnstrfded fuThJ8.
2025
A¢xountancyfèg8
INlependefit examlnerfs fee
Legal $nd PTofession41 fees
350
360
1.409
347
360
1.401
Trust••s' rgmun•Yatlon and •xp•ns•$
No INstees ree•lved any remunerat￿n during lh8 y88r.
N•t Incom•
Ng1 Incom918 stated after ch8rging.'
21)25
De￿￿e￿ati￿ 0ftangib￿ ftX8d 856ets
132
98
Page 11

Churchos Tnwt for Cumbrta
Notés to th• Flnancl•l Statsm•nts for th• Ywr Endgd 30 Jung 1025
Employw$' r•mun•r•iion
Th6 monthty 8v•r8gg number Of peTsw8 (Indudlng 8enlor managem#ntl gmrloyad by th8 ctharlty durfng the y
was as lollrms..
2025
No.
2024
Charltable *Mti6s
The w•gat• pa￿￿1 costs 01 th980 pernons as fotb*B.'
2025
2024
W8ges and salwies
Othar penslon eosts
16,660
1,838
18,498
19.741
916
20.657
J gmpts)yee ￿e1ve0 emoluments Olm￿ Ihan £EA),000 durin9 the year12024- No. QI.
Page 12

Churches Try￿t for Cumbrla
Not•s to tbg Flnantlal Slat•m•nts for th• Y￿r Endèd 30 Jun• 2025
T•nglbl• fix•d a•••ts
Conwt•r
•qulpm•nt
C￿t
A8 at 1 July 2024 and 30 JU￿ 2025
395
D•pr•cl•tlofi
As 8t 1 July 2024
Charge yèar
As at 30 June 2025
132
230
N•t book valu•
As at 30 June 2QS
A8 gt 30 June 2024
165
297
D•btorn
202S
2024
Propayrt￿ and accrugd Income
193
187
io Cr•dltorn: Arnounis falllnll du• wlthln on6 y••r
2025
2024
Trade CTedltors
TaXatIc￿ and sodal security
rual$ ond dgferred Inwn8
461
1.091
1,582
1,t26
11 M•mb•rn' Ilablllty
Thg chgnty is a prfv818 ￿rnpany limited by gu&rant8a ond cons8quonlby does not havg sharg capital. Egch of Ihe
members is Iwble to contribulo an 8mo¢Jnt not eyceeding £10 lowards tho ass9ts of the charty in Ihe event of
Itqltld4￿tsn.
12 P•Ml•n 4ehèm•
D•fin•d ¢ontrlbullon ￿nI10n Kh•m•
ehartty op•rat•g a defingd contrtbuiion pen￿0￿ 8chèm•. The ￿￿940￿ Cost thar￿ for ￿rIc￿ rgpr•sonts
Contributio￿ payable by the charity to the schemè and amounted to £1.83812024- £9161.
Page 13

Churches Trust for Cumbrlg
Notgs to tha Flnan¢lal Stsl•ments for th• Year Endèd 30 JUM 2025
There vme no Outsta￿14￿g or prepaid ￿n￿lINatIonS ¥1 ertherth• beginning or end of the finoncial year.
13 R•lJt•d p•rll•s
Controlllng entlty
Th¢ thartty 1$ cw¢trdlgd by Iho trusteeswho are all directo￿ ofth8 tr)mpany.
14 Anal￿5 offunds
At 1 July
2024
Incomln9
r•sourc•$
R•$ourc•s
•xpgnd•d
At 30 Jvn•
202J
G•neral Funds
Unresttk18d In￿m8 lund
44,822
26,170
121,2251
49,767
Page 14

Churches Tn￿1 for Cumbrla
Notss to thg Flnanclal stat￿nants lor Year Endéd 30 Jun• 2025
Prlor p•rlod
At1Juty
2013
Incoming
R•souro•s
rosour¢•¥ •xpond•d
At 30 Jun•
2024
Oeneral Funds
43.179
26.710
125.067)
1S N•t a¥¥•t• by fund
Unr•strfet•d
Fund8
Total Funds
2025
Totthl Fund•
2024
T8nglbl• a$88ts
Curtsnt 8888ts
Creditors: Amounts f811ing due vhthin fX)e yO8r
Net assats
166
50.72B
11,1261
49,767
165
50,728
11.126)
49,767
297
46.107
11.5821
44,822
lor perlod
Unrestrl¢t¢d
Fund•
Tot•1 Funds
2024
Total Fund$
Tangib￿ assets
Current •ssets
CredStors'. Amounts f8111ng due within one year
297
46.107
11,5821
44.822
297
46,107
11.5821
44.249
11.0701
43.179
Page 15