RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS
AND
ST JOHN THE DIVINE
REPORT AND ACCOUNTS
FOR THE YEAR ENDED.11 DF.CEMBER 2024
Registered Charit), No 1130018

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THF. DIVINE
INDEX TO THE REPORT AND ACCOIIISTS
FOR THF. YEAR FNDED 31 DECEMBER 2024
PagTe No.
Minislry Information
Annual Repon t.or 20?4
Auditor s Report
Statement of Finaiicial ActiN'ities
13
Balance Sheet
14
Siateineiit of C<ish FIoiN's
Notes to the AccoLints
16-25
Siateineiit of Coiiiicil Meiiibers. Rcsponsibililies
25

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AIND ST JOHN THE DIVINE
MINISTRY INFORMATION
CLERGY
The ReN,d Canon Wilma Roest, until 31 Dec¢niber 20?4
Team Rector & Vicar iNith pastoral care of St Mary MagJdaleiie
The Vicdfci&ye
Oriiiond Road
Ricliiiioiid
TWIO 6'fH
The Rel'd Aline Craii'tord
Teaiii Vicar, ith pastorc21 care ot- St Matihias
St. Mattl)ias Hoii%e
?? Cc1nibrian Road
Ricliiiiond
I'W10 C)JQ
Tlie Revd Joe Moore
-reillii ViL1L r
Si .Ic)hii Ihe Divine
KLII Road
R iLlini(Ind
TW9 2NA
Tlie Rei'd Cl)1( rlc)tte Midclleton
Ciir¢il¢ li) Il)L Ri¢liiiioiid -1 ¢¢llll
8 LIILirLlI Walk
Ricl)niond
TW9 ISN
KF.Y MANAC:F.MF.NT
PERSONNEL
Mciiibers ot'the PCC (listed on pag?es 6 & 7)
ADDRISS
Si M<2tilii<q.s Church
C'hiirLlI IIo&id
Riilinioiid
SiirreN'
'FWIO 61.S
BANKERS
Nalioiial Westminster Bank PIC
?? Georgie Street
Rillimond
Siirrey
TW9 IJW
AIIDITORS
Xeinadin Alidii Limited
5 Robin Hood Lane
Siitton
Siirrey
SMI 2SW

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, SI. MATTHIAS AND ST JOHN THE DIVINE
ANNUAL REPORT
For the )ear ended 31 December 2024
Richmond Team Ministn, (R TM) i.s esil< bl ished ui)der the Piirochial C'hiircli Counci l (PoiN'ers) Measiire 19)6
as amended and Chiirch Represeiitalioii Rules (set out in s¢h¢dule 3 to tlie Si'nodical Measiire 1969) as
amended.
The tinancial slcltements hal'e been prepared in accordance itli tlie Churcli Accoiinting Re¥vulations 2006 and
in acLordaiice li lili the C'liq< rities Statement ot" Recomiiiended Pr16 Ctice (Charities SORP (FRS I O?)} and
Finaiicial Reportingy Stand.?rd l O? I FRS 1021.
OB.IF.CTIVF.S
J'IIL P<ifoLlii<il L'liiircli L oiinL il { PL L ) is responsible for cooperatiiiu ii'ith tlie cl¢rgv in promc)tinL the m ission
ot" Ihe Chlircli pastoral, ei'illllFelistiL, ecLimeiiiL1I l. and SOL Icl1 ihroii(IhoLlt the ecclesiastiLal p.Irish. It (Ilso has
niaintenaiice responsibilities for tlie three ¢hiirLhes, in tlie parish iob)ether ith the ()1￿.[7Lrs]l ip ot" investment
propL'rties <ll)d Si Matth ias House.
The three cliLifLhes. from li hich Inenibers of the PCC are draii n. aim to be open ic nd incliisive comni Linities.
siis1&1ining' pcople in Iheir lii.'es IK'L'II as on Il)eir.joiiriie)'s of faiili. ii¢lLc)iiiing qiieslioi)s. laLiiig) lip to tli¢
cliallengFes ()t' ()Iir iine(Illiil ii-c)rld. ciiid sLrN'in& tlIL i¥'idLr coiiiiiiiiiiitN' iii Ihe li<iliiL ol. C'liri%t. l-lic PL'C strifv'es tc)
rL IILCI tl)LsL aims in Ihe condiiLt of al l its busiiiess aiid disLussions.
RF.VIF.W
"I'IIL, I)Q'C Lonliiilies to hold tlie visioii stcileinent apprciied in 2023
WL LelebratL God's l()ve for all hy
Extendiiigy Clirist"s inclusive ivelLome
F.'xpli)riiigi faith lionesil>' ith 1( n opeii miiid
l)lacii)g pLoplL
c)i)d planet dl thL lieart of ()ur In is5ioli
For most ()t" ?0?4 ive had a ful I conipleinenl of clergyv inenibers, three viLars and 01)e ULif¢2te. w ith additional
siipport froiii Ruth Milrtiii. Ihe ReaLILr, til sLrnL' IIIL. I'Lam. Wi ITI)Ic Rc)L'sI, Te1( ni RLLlor Liiid V iL<ir nl. Si Marv
Mabydal¢ne, rLsigyned cliiriiib? the N'ear ¢ind L()IidLicILd her final service ai tl)i Lnd of NoK'eiiiber: for the reiiiciinder
ol" ?0?4 Nve had onli. thrLe LlergyN' aiid oiir RLcqder. Tlie proLess of. Iindiiig a neiN' Rector for the RiLhmond
Tcain. li itli pastor¥l1 rLsp()iisibi l it) for %t M(iry' Mdbdcileiie. coiiiineiiLed in J2( niiar), ?0?5. DLiringJ tl)e i'acanL J
tl)e .six LhLifLli iwdrdeiis liaie respoiisibi lily tc)r Ilie -1 eani and tlie t￿0 li ard¢iis tc)r Sl Mary s respc)11sibiliÉy tor
tllat ihurLII.
Diiriii¥i ?024 all the nomial Sunda). i%eLkda¥ and Teani sc'ri'ices iiere l)¢ld aiid tliis coiitiiiued duriiig the
VclLaiic)'. L OllgFregyation numbers are sini ilar l() those of ?023. All serviLes i¥ere held in p¢rsoii i¥"ith soine
lii'eslreanied lor those <2re Ulii2ble to attend in persoli.
Froni Septeiiiber. Il)e reoiilar Said EIiLliarisl on Ilie l¢isI TiiesdaN' of ei'ern, moiith at St John tlie DI￿ ine became
a EiiLh¢irist fc)r l-l¢al iii(l (ind Wlic)leiiess, 11 lili IIiL Miiiisti). ol- Laj'inbi ()n ot" Haiids ii'iili Praj'er and Aniiintiii
t.or oncscl f or others.
Otli¢r seTr'i¢e higFlIl igjhts inLliided:
c teani s¢niic¢ tor AsLeiision Da), at St Man. Mic b¥dalene. including (for ilic tirst l ime) ' Beating
the Bouncls li alk ic roiind the parisli b()Liiidary. ILd bl. tlie C iirale L harl ie Middleton
Corpiis Christi. a sung Euiharisl and Procession ot" the Bl¢55ed Sacran)ent
a festil'al Eucharist for the Feast ot the Assumption of tlie Blessed Virgin Man,
All Souls- a tcam service commemorating those ivho liave died
Revd Canon Wilma Roest's last service as Team Rector and Vicar of St MaTh s
Iii Janiian.. Team iiiembeis iiiet 1% itli fel loNN" ChristilÉ Ils. to eat to¥etl)er aiid to sliare in a short act of iw"orsliip at
Si Jolin s Hall. -rhe World Dcq!. Ot. Prdl'er, an interiiational. I￿oi￿ell led. inter-cliui'Lh orgaiiisalion. held its DaN'
of Pra)'¢r, at St Mattlii<lS in MarLh. In McirLh. Beal'ers. Ciiby an(1 Scoiils joinLd St Mattliias for Motheriii&'
Siinday. During July the Richmoiid Sea Cadets with their families and friends joined the Patronal Festival

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DiifINE
serN ice at St MaTr Maiydalene &qiid in Septeinber Ihe 1st Richmond Scout Group attended the Harvest Festival
servic¢ at St Matthias.
Duriiig 2024 'Prayers of Love and Fcllth. iihich are praNiers of IhaiiksgFiving. dedicatioiTr aiid lisking for God's
blessino for same-sex couples (including CO￿'¢nanted f i-icndsliips) IlLre approi'ed b! tlie FIoLise of Bishops aiid
PLiblished. These are for use in re(yiilar seniices, but this does not inclLide iN'eddings. Tlieir use is at the
m ini.%ler' s discretion arid no iii inister can be forLed to LISL them. The PCC iiiianimousl). agJreed thal a5 %￿e are
P<2n ot inLliisii'e LhiirLli and in k'eepincy li ith oiir iii itssion 5tateiii¢iit, R TM ii'oiild iise ihe Coiiimended Eleinents
of Prai'ers of Loi,e aiid F<1itli. Tlie Pc L exprLssed di.sappoiiitiiiei)t il iiol i ct POssiblL tor ils L lerb} to Inarry
S&2n)e-sex couples aiid the!, look'ed forii'ard to the daN' Iliclt 11 Olild be Possible.
Bible Stiidies ii'ere held durin&J the J e<if L()￿'¢r11]i7 the Son(y ot" Sonus and Hebrel￿'S and also niolithl )' reflective
art aftei-ii(Ic)ns, 'Oiie Iiiiur of. qliiel LfL'alik'itN'" g) ivingy the opportunit). to respoiid creatiwelN' to N'arious themes
i thin proiiipts sulh as SanLtU<Qry' aiid CL)liit"ort.
An hour of exploralion ot" li l)at Lent is aboul and hoii, I￿.e migvhi like lo keep it ilas giiven in Februar>'. As ihis
as so Successful tliree nicire serl, ices of this i)<lture tolloived.. ' Fxploringi th¢ Lite of (he Spirii,. ' Exploring
Pi Igirini¢igye' cll)d Exploringy Wild L'liurLh' Al.$0 diiringj l.enl siiiall hoiise g)roLlPS inel clLross tlie Teaii) l(} read
iogNether aiid disciiss tlie Arclil)isliop ot. CaiitLrbLlTh' s reLomii)eiided l.ent bo()k. ' J i1rry Ai¥ lille li ritten b￿, Dr
Sel ilia Stc)iie. As she did in ?0? 3. Rekd Aiii)e Craii'tc)rd offered gFenile retlecti￿.¢ li &21k's 011 Frid1( )' ni()rningJs
diiriiig LLiii and bi. p()piildr d¢iiiaiid IhLs¢ ii'er¢ LC)ntinLIL'd Iniii)Ilil}' diirini) thL siininiLf <iiid aiilLlllllI ol. ?0?4.
Iii Jliiie she led a parisli pi14riniabDe tc) Si A Ibill)s 1() LxpLriLIiLL tII¢ SPLLlc?¢uliif (liil)Ilcil pilgyi'ji)Iclgie proLLSSiC)11,
the Eu¢liarist in Ihe ancienl Laihedral and Abbey Chiircli and the beaiitifiil Festal Eveiisong.
RefleLtion gyroiip% iN'ere cilso held (luriiig AdK'eiit, reic diniy individii<ill!' c lid then disciissingF in giroups tlie
ArLlibis11()p ol. Yc)rk' s A(li'eiil Biic)k. fc)r ?0?4, R¢ichel Maiiii s "D() Not Be Alrciid: '[ lie Joj, of. W1[ ilinb) iii a
I'iii)e ot. fL'ar' Ic l)d G¢orgyL' HLrb¢rt'S PC)Lllls ' W()Iiiicl¢d I S ing . M¢dil<ilic)ns on Adi'Liil wer¢ ofl¢r¢d bN' tlie
clcrg) ori l.ooiii. Anne C'.raiN'ford oiice ¢1g?1iin creLlted ali elL'LlroniL AdvL'nt caleiidar. SLndiiigi an inioc g?e,
rL'tlecliciii aiid pral'er each morniiiby of Ad￿e1]t to c)ver l 00 re¢ipieiils.
The PCC c(iiitiniied Io gvivc q< hioyh priorit), Io SilfebvLiardingy. ii'ith officers appoiiited iii e<ich chiir¢h. PCC
InLiiib¢rs cciiiiplLILd tliL' bclSiC Sc11igFiiardiJigF L()Iirs¢ prciN'idLd bv thL' DioLL'SL. pliis c)IhL'f Luurses appl iLcible lo
Ilicir riiles iii tliL 'fcani. Diie li) sever<ql ii)slc2nLes ol. ciiili-s()L ial behaviolir at st Mclry, S thL PL)ssibi l ily. Ot.
inst<?] ling) CCTV Lamercis b()tli iliside and oiitside tlie ihr¢e chiirclie5 lias bcL Ti colisidcred aiid quotes for
the cosl obiaiiied. HOl￿.eVer. due to other Lirgient extLiisiwe repair Th'ork beinb? Larried oiit iii of ihe churches
this projecl had to bL' deferred.
OihL'r iSSLies of- impor12< iicc dLiriiig 20?4 incliide:
l. Meetings
DLirinL) tlie }'ear the PCC mei IoLir tiines cliid ihe Standingy Comniittee three iii persoii. Agjenda iteiiis coii%idered
roiitjnel￿. al eN'erN' i)i¢etiniY inLILided saf¢gJii¢ird ingj niallers, CliildrLii s and Youngy Peoples M iiiistTh'. Lipdates
011 tiiianLc aiid propcO niatters, thL Parish Rooiiis dei elopment and tlie GrLen Tedlll s ECO acti￿ itiLs.
In <idditioii lo the abowe, tivo extraordinary Ineetiiig?s were lield by the PCC. At the first ol these: iii J Lin¢. the
revised plans for ihe Parish Roc)ms and the cost of this project ¥￿ere discussed and ic pproved. At the second,
held in November. the PCC mel iiiih the ArLlideacon and Area Deali to lalk. througyh process of vacancy and
reLriiitinent cit" a lie1￿ ReLtor and tlie iasks aiid opportuIiities this preseiils.
2. Mission Action Plan
To implement the Vision Statement shown above a Mtssion Action Plan (MAP) is necessary. The PCC agreed
thal the plan for 2023 be continiied until tlie end of 2024 and applied iliis plan to all three churLhes as follows:
l . F4or the Lom ing >iear prioritise childreii and N'oung people IlirougFh.
The emploN'nient of a (CYPM}, Children and Young Peoples Ministrj. leader
Wc)rkingF lili local s¢hools
Coiisider neil," opportiin itics to connect ii'ith children and f<im ilies

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
2. Crealinby opportunities for learningy and gr0¥￿.1ng in faitli through.
Bibl¢ stiid).
Adi'eT)l andlor Lent Leetlire series on faith and faitli in art
Ensiiriii(F the￿ is greai¢r aNNareiies5 of ii'hat li e can do t-or the planet and people,
throLlCYh.
Targyeted preacliing
Working) toi¥'ards broiize and sili'er aiN'ards tor Eco cliurLh
Making7 our chlirch bui Idingis a retlection of our env'ironmental theoli)Qy
Mosl ot.the objectiN'es hai'e been achieved bv the excellenl i￿Ork. doli¢ b), Ihe CYPM Leader ivith cliildren and
)'OLinL peoplL: Ihe Green Teclm s iN'ork on eLoloipiLal i4siies aroiind tli¢ chiirLh¢s aiid ()ppc)rtiir)ities for le¢lrii incy
and gFroi¥'iii(J through faith as desLribed above (Bible studies, Lent Lectiires, art ai)d I￿alks). A ne￿ MAP needs
to be draiN'ii lip for tlie fiitlire, but, iii of tlie c?PP()intiiieiit of a iieii ReLtor iiho could ha￿'e hislher oiN'n
SLig)g)estions ciiid ideas tor Ihi%. tli¢ Tec1ni Loiitiniied til L()nipl!' IN iih the cild one.
lil addition lo tli¢ Teani s MAP, eacli iiidii'idiial LhiirLh dre%￿ lip thcir OIN n.
3. Children and Young People's Minislr)
Enim<2 STiiel l ie hlL S led Iliis m iiiislry.. hLlped b). tlie six members of the Chi Idren and Yoiing People Work. in{
Group. for tlie tiill year.
Jliiiior ChiirLlI tiir cliildrL'ii ()k'er the alie ot. 3 )'e1crs Nias held li eek-li, at Si Joliii the DIN inL aiid every second
leek (qt biitli Si Mary, MayJdaleii¢ <iiid %t Mciltliias. In iidditioii. ilir()iiglic)Iil Ilie )'eiir St Mary MaLTdc?leiie h¢ld
sern'ices for childreii lip to the agye cit" 8 >'ears on the first Scltlirda) c?nd an all-age Eiicharist on the first Siinddy
of eciLh mciiith. Albo gyiven iiere a Lliildren s seriiiLe for EpiphLIIIN',Il St M1( ry Magid<ilLne in JcillLiary, ' Lxploriii
LLnt' at St Matihias i< lid Stalic)iis ()t" Il)L Crc)ss al Si M,?ry' s. ()ii Pdliii siiiid¢lN a ic)Iiil) LkL'llillb) l)Lld f()r
pre-t¢L n% (8-13 % ¢.'Ir%) f()] IL)11-L'(I bi. <QLliv iliL'S tor tlicni (luring? Il)C .SLIIIIIIILr l(Ir lood. tLI l()i¥'sli ip and liiii. 'l-liis
l¥'i25 101 loii.'ed in tlie I2111LlllIT) ll'ith iliL 11( IiiILli ot. cl llLIN" J'OlltlI giroup. Ihe Under&Tr()und, n)eL'tingi ()ii tli¢ seL()nd
SiindaN' eveiiin&y of eLILh iiiontli.
Emnicl Siiiellie ic lid Il)L' C'YPM iiorkingi bpr()Iip Ic)ok'¢d <11 Ilie Ll)iirLlILs 111)(Ik% fc)r Ll)ililrLii. rLfrL'sliiiib' IliL'
L()IILLIILin diid lii1,2rgiiiig¥ it iiiili d()l)<ilL'd bo()ks. Iii additioii. L()111l< Lt ii'iih Ioc(il %chools aiid tlie RiLhm()iid
Sc()Iit.% eslcibl is1)L'(l aiid l ￿(]Ly1￿15. tlIL p11( ￿ gpr(ILlP ti)r Ii)ddlL'fs clnd pariiiltslLarcrs ¢Npl()riiig a V<iriet)' of- IopiLS.
li¢ld ive¢kl} lil St J()lii) IIIL I)iviiie, and ivas very ￿'e1 l attLI)ded.
4. Schools and Community.
A% abo￿.¢, cc)iili¢ ¢t% iver¢ liicidL' <iiid liiilil)tL)iiied ivith SLhc)c)1s iii tlie Pilfis112< nd als() ii'itli IIIL I-. R i¢liiiioi)d Sc()uls.
Clii IdrL'ii' s serN'ices N¥'erL IILld ai Si M1( ttliias lor piipils l i'oiii K ingjs 14oLise SLlI(iol cind L'lirisl. s SLI)ool diiriiiL
the N'eclr aiid Lar()1 seri'iLes1()r cil I SLlI()015 ii'ere hLld in <21 I chiirLhes. ThL RiLlimoiid 'feic ni M ini%ln' LC)Iltiiiiied
lo provide toiiiid&21ioii gyoi'ernors 10 tli¢ bc)ard of Clirist's Q'hiircli School. Diiriiig) tlie siiiiimer R TM iiieii)bers
visited Christ's Sclioc)I, a N'isil tli?c t li as exlrenielj, successfiil lind which tlie Headiiiistress, HLlen Dixon, Ivoiild
l ike to repeat.
We continiied to siipport and iN'ork ivith local ¢h¢irities. siich as SPEAR. the Viiie)'ard Commiinits. Centre and
Ihe Riiliiiioiid foi)d b<iiik for li liicli food prc)diicts and toill'tries iiere co)Ilected al ilie Hdri'esl FesliK'al. ThL
Riclin)ond Sciiip Kitclien. operaliiig froiii Si Julin tliL DiN.'ine. oftered SOUP clnd saiidi¥'iLh¢s oli tii'o niglhts a
eek I rom Noi'ember ?023 uiitil April ?0?4 aiid reconiiiienced in tlie autumn of ?0?4, during hich time it
saii the iiumber5 of gJuests rise sleadily.. The Richinond Team Miiiistr). continiied to support tlie i%ork of
WelLare and Christian Aid, as li ell as the Children s SocietN', ho have benetited trom the LolleLtioiis iaken
at the Chrislingylc seri ices.
A lunch w'as held during Lent for the Bishop's Lent Call to raise funds for projects in our diocese as ￿'ell as
those in Matabeleland (Zimbab￿,¢} and Jerusalem.
Dr Chris Heii'er continued to hold his 'Understanding Islam, coiirses at St Mar) Ma(ydalene.
The Richmc)nd SN nagjogue and Ri¢hmoiid CounLil In￿lIed the RTM to the aniiiial Flolocausi Memorial
Da) civic service held in Januari,.

RICHMOND TF.AM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
Tlie Ma) Fair li as lield agiaiii iii ?0?4. St MarN' M .daleiie hcid its traditional stalls in tlie churc]1￿ ard raisiii
fiinds for Ihe Riclin)ond Soiip Kitelien and mLlSiC and d1( ncin(y i%'er¢ perform¢cl bi. iarioiis Iiroiips iiiside tli¢
cliiirch. Th¢ Friends of St Mattlii<1S held their usual BBQ 011 thL GrLen: SLlliiigJ top qualitN bLir¥ers and sausa(?es,
as i¥ell as Lak"es.
5. Risk Control
'I'he reg7iSter of risks draiiii up bN ihe Risk. Working GrL)LlP Il'as revieiwl'd aiid iipdaled eieTh' six montlis to
enslire al I rele￿ant risks li ere ideiiti tied aiid iii jlj(7iiled. l-h¢ iipdaied register ilas approv'ed bN the PCC ivliicli
holds c)1 ei'all rL'spoiisibil it) for risk maiiagyLmeiit.
AI I PCC members completed a simple skill) assessment. in order to idenl11￿ ihe balance ot" ski Il% aLross the
Committee Lind to shoii. ali). c re<QS iihich mai. be under-represented. It IVdS tilsc) decidLd to ask- the coiigFreuation
to coinplele cl skills assessmei)t .Is il is kiioii i) tl)clt manj. of. thLin l)ave sk. i I Is ii'hich ii'()Iild be of t iise qc nd
'cil UL. lo tIIL LhurLlies. -fhese pL'(Iple li ould not b¢ e.xpeLted to joiii Ilie I'LC, oiil>' to l< Ct as adi'isersllonsuliants.
6. Eco Churih
Al I Ihree chiirches liave joined th¢ RL)Lha Eco Q hiirLI) %LI)ein¢ (Inil ds thL ii)d ()I' ?0?4 all1i2c d aLh ieN'ed Bronze
al￿<2rd5. Tl)L CJftL'n "fL<l17l. g)ri)Iip iiiadL LIP ()t' Llerg7I' aiid cniigj reg?c11i(In menibers from 1111 three chiirLhes. m¢t
eN'ery' fei%' iii()Iiths lo p11( n hoiv l() Ivi)rk Ic)Il<iril aiid 1L Lliiei'L si IvLr slatiis in Il)e Scheine cll)d ¢ilsi) lo LnsLire li'e
¢cire for (ic)d's e<2rth irre.speclive ot. exlernal (111 ard>. NeNNs cil" the l eam s prL)bJrLs5 aiid &qLlivilies ic nd IliL
P¢is%iiig? on c)f idei1S for Lc fiiiLJ for oiir plLliiet il'as gy ji'L'n in ¢2 quarterly neiN'%l¢tl¢r 10 the LL)n&)rLo)¢ltion. C()nt¢lit
¥as 111&gdL' li itll girL'en leader% (ind adi'isors <lbc)ut L'CO-aclii' iliLS in IIiL R iLhiiiL)nd are42 lor ad￿.1￿¢ 01) i¥'hat li'e
coiild dc) botli as a chiircli and indiN'idiial Iy io he green.
v￿7r1DlI5 byrnLIP <?Ltiiiitie% diiringy the i'e(Ir incllided pick ingy lip litter. K'¢ifioiis Iiclii'ities for Green Week iii JLII)L
(i IlLliidiiibv (1 p11( .StIL-tI'LL liinLlI)ry 61skiiigF e￿ery,01)L. to 11 ¢)Ik/c}'L le t() Lllurch. tc) Iise piibl IL Ir(IT)%pI)rilshi2rL a L¢ir ()ii
tlie SLinda}' <ifier IiitL'riig< tic)n£il N() Ccir Dd), (ind. diiringj Bik'¢ WLek. SLltiiigy lip <1 L<ir-sliare SLheniL.. I i) addition,
Unl￿all1¢d bi)ok%. CDS, sciN'inbi and lic2berdasliery itenis have heeii sold. iiot only reLycling these items bLIt
raisiT)gi tuiids for Lh<2rilies.
7. Communication
CoiMIiiiiiiiccilicll) beliveen tlie clergiv and Longiregyalic)n members was priniarily via ihe RTM'S iwebsite. the
ii'eeklN' LlllciilLd iieivsl¢tier aiid t¥l'C) qU<iriL'rlv ilems - the F.CO GrLeii Teain s iici%'sletl¢r (<1S ab()ve) 1< nd tl)e
'1 eaiii Talk. magFcizine. Clerg) als() emailed cong?rLg7ations ivheii iliere ivas neivs to %hare.
8. Music
Tli¢ 11I11sic for chLirLli %erviLes lias been bL'aiitiliillv <irrang7ed and led bv tl)e orgFcllli%t8 and Lh(Iir¥ii¢15t¢rs. In
J<onLian' SL'b G i I Ic)t Ic)ok c)ver as ihe DireLlor ol. M115iL dl Si Marv, s and Bcrnard R()bertSOl) Lontiiiiied <?s or¥)anist
aiid choirimasler al St Matthias, assislLd b) Mark l.aflin. Beli Hiint reniaiiied as orgJqc nist at St Jolin the Divine
unlil ScpiLniber. Iii Septeniber Andrecina Cliaii joined St Mary s as Assistant Org7an 1st.
In Jiine. at tlie DioLesan Festival of Choirs. meinbers ot" the choir c)f St Milrn, MaLidalenc .joiiied choirs from
otlier chiirLh¢s in ilie Dic)Lese to sin&> EvLiisong) ai Soutliii'ark CailiLdrcql aiid iii Noi'eiiiber jc)iiied thL clioir
ol" Si El i£abeili of- Portiiblal t.or a spec ial pertoriiianLe ()t" Br1( hilis, Eipi Dc'iil.%'L'hL'.I R( (iiiilyni. Re¢it1c 1% 1% ere
l)eld oil the first Satiirdcij of niost montlis (qt St Man, s Magpdaleiie, as ii'ell as the annual Christnias
siiig<ilong li ith the Hoiiorar). Artil leri, CompanN Band. A rec ital of m usic for Passioiilide giji'eii bl ilie
Floii'ell"s Sii)gers in March at St Matthias and at Si Johii s a LonLert ilas held in June and an eveniiig of tangyo
niusic Nofv'ember.
The Chorcil Foundalion at St Mary Magdalene Lonlinued to provide generous scholarships for choral 1£ nd orgyan
scholars, ii'lio gave a series of recitals, Sho1￿.Casing their lalents during the year.
The Foundation is being expanded to providL additional mentoringi opportunities for some of the scholars. It
also supporls tlie ne1￿ childrcn's choir. Icliiiiched in 8eplember for those c1gied 7 - 13 N'ears. This meets on
I"Iiursda) s atter sLliuol for siiigying t"ui) aiid cclectic ini,N ot" music across all 5t1.les and abyes.
A T¢lirii)g collection ivas taken at niost recitals to help fiind the Foundation. Support for music at St Mary. s
has also come from the OLiseleJ Church Miisic Trusl. ii'ho have aiiarded a gvenerous gvrant to tlie churLh, to
assist Nvith fundincF of tlie Choral Leadership programme.

RICHMOLND TEAM fvllNISTRY
ST MARY MAGDALENF., ST MATTHIAS AND ST.IOHN THE DIVINE
9. Arts
A BclPli5ni Card Art competition ivas launched for cards lo be gI￿en oli ihe daN or anniversary of Baptism to
both adiilts and chi Idren. The coiiip¢titioii iNas open to all ic ges aiid iiiai)N beaiitifiil desions iN'ere subm itted,
with IN inners trom all chiirches. On the feast day of St Mar). Maudalene, Monda}, 2? Jiili., RTM meinbers ii'ere
invited tl) attend the National Gallery. to vieii, paintincFs ot" the patron saint.
10. Administration Staff
Al tlIL end of- OLtI)ber. lie ii'elcomed a ne1￿. PropertN' and Facilities Man42oer, John Rushe, IN'ho is very,
expi'rienLed in properti. nianaby<m<nl. Tli is me<1nt the ¢ldministratioii te¢2111 li'as tiiiallv Lomplete a(yain. li itli
Jolin Palni¢r as Parish AdniinisiratL)r. DenisL Mahon!, as B()i)kinL15 Adminislralor. Johii Ruslie as Propertj. and
Facilities M<ql)2< g)er and Jaines N icliol%()n a.% Verb)er. I n Deceiiiber Rutli Martin, our Reader. started acting as
a temporaTr l ine Inai)a&Trer for tlie Parish otTice staff. easin() ilie biirdeii for churLli ￿'ardenS cind L lerg), dLirinb'
tli¢ i'aL(IlliJ.
I l. Finance and Propertv
Oiir efticieIii tlll<lllLic21 ss'stems h(2￿ e been niic intained aiid regyular up-to-date infom)alic)n given to tlie PCC and
Propeo aiid Finance C()mmiltee.
The Parisli Giw ingF Schenie. pri)posed back. in JLine ?021. lia5 proved siiccesstul. cilÉhoiiiFh take up has ¢OTltiniied
t() be sloNN'. ()nlN.' 7) p¢(Iple l)¢lN'e.j()IllL'cI the S¢liL'iiie since it 11 L1S laiinchLd. severcil of- ￿￿1](}177 qc re iiew doiiors.
It iioiild be i'erN' hLlptiil if all of. the rLIipLilar donors iiould siN'ilcli lo tliis Sclieme. Oilierii i5e, giji'ing b}.
Lc)IigTregyiltii)n iiieinblrs lias Inade b} sl£iiidinbi {)rder, eiivelopes or cash duringi serviLes or by iising Ih
electronic mcqchines installed iii al I chLifLlies, tor doii6ltions b}, card.
R TM, s l)arish Siipp()n Fiii)d Pledgye to %oiitliii'ark. DioLesc, for 20?4 li £340,000. illl iTILrease ol" £ l O,01)O on
tlie ain()unl pledgyed for ?0?3.
ChArilc1blL CJik ing, (Ai¥'a)' GiN'ingl L()i)li Iiiied to be ctlloLclted c)ii ilie tradilic)ii of iiil) iiigi. i.e. gTiving l O % of the
v()liiiii¢iTr illLI)InL r¢LeiK'L(1. <11)d iii ?0?4 Ili Is cim()IiiilLd i() £ I C),000. 80 % i)I' tliis 1()l(il IV1( % di)11<ltLd ti) Lliur¢li_
b<Q5L'd Lliill'ltiL's aiid 5C)L iL'tIL'S <2iid ?(} % Ic) SLCLil<ir ()iiLs, IIIIS S¢LLilar ic I l()catlOJl L(ii'Lriiig l(l¢{il LIIiL rilies. rciilier
tliaii iliose ruli liilti()nallN'. III addition. soLielies ¥¥itli i¥hiLh Lonb)rebYLlti()n niLmbLr% arc eitlier i1)￿.()IVed or
beiiefii froin ￿'¢re prioritised. A fiirtlier aini ivas to give a l)igiher pri)porti()n lo charities ivork'iJ?gi i)ver%cas
(65 % ) tlian to tliose workiiigy al lioine (350/0). "I'he PQC Loiifimied the Awav Giving l()r ?024 tollc)Iviiig) the
r¢¢i)mnieiiclalic)i)s of. tlil Away Giving CJfoLlP ii,liich, in turn. Lonsidered reqiiesls Iroiii niciiibL"rs of tlie
lii accordaiice i%'ith Ihe Reserves PolicK', see beloiw, RTM maiiitained three iiionths. Ivorth ol" expendilure, in
Iinreslricted cash t"Iiiids. througihoLlt the }iear.
-grl)' in ?O?J thL rLN' ised plaiis flir tlie Parisl) Rooiii% dei L.lopnieiit ￿￿ere <ippri)i ed b). RiLhiiii)iid CoiiiiL il ¢1nd
plaiiiiiiig pemi i5sioi) gliven. Work. on site is expectLd to start iii April 2025 aiid io be coiiipleted bj, the suiiiiiier
of 20?6.
STRUCTURE. GOVERNANCE and MANAC.EMENT
Parochial Church Council (PCC) Membership
Meiiibers ol" tl)e PCC <ire Lky (!//ic'i(i. Lc)-ciptLd c)r elecled bj. ilie Annual Parochial Cliiirch Meeting. The
follc}ii jiicJ Ineiii b¢rs and ot"tiLer% %erv'ed diiriiig the )'ear:
Clergv
The Revd Canon Wilina Roest, (uiitil 31 December 2024)
Tlie Revd Aiiiie Craii'ford
Tlie Re￿.d Ji)seph Miiore
l-he Revd L'liarlotte Middleton
Secretary
Margoi Gallie

RICHMOND TEAM MINISTRY
ST MARY MACDALENE, ST MATTHIAS AND.ST.IOHN THF DIVINF
Treasurer
David Bartlett - until 14 March 202)
Reader
Ruth Martin- from 19 Mai. 2024
ChurihiTr'ardens
Anihoiii Bell - from 19 Mai, 20?4
Jc)lin BuLkiiiiFhani
Liill Doliii(>
unlil 19 MaN' ?0?4
Salli. Gill
Alison Hall - froin 19 Ma), ?074
Eii)m<i Meredith - uiitil 19 MclN. ?0?4
Fi()na Mi)rgFan
Mary, RiLkett%
F.lecte(l Membe
Sleplieii Brc)Ivn
Renee F.'lelLlier - Iinti 119 Mc21 20?4
Alison Hall iiiilil 19 MaN 20?4
Ar<ibell41 I Ic)bson - from 19 Ma), ?024
FILILII KLIs¢')
C'<iilieriiie K(i/eliili - froiii 19 May ?0?4
June Wisziiiewski - from 7 Jline 20?4
Deanerv Svnod Representlltives
M<lrtin Br¢LknL11 Ir()Tll l () Mcl). 2024
Mary-M<2fb>ic rL't Ciiiiinc) - Lintil 19 Maj, 2024
RL'iiee F letclier - fri)11i 19 M<lJ ?024
Fa), Johnslone
I'lii)m.Is Kelsey
Dav id l)oi¥'ell
Commitlces
The PCC operates Ihroubpli a iiumber of coiiiiiiittees, Ivh ich nieet between tl)e fiill nieetinbFS ()r the PCC.
SlcinclinAI Ci)miiiilleL
Si<indi i)g L (iiiiii) illLe lias 11)e poiyer to transact PC C biisiness betiN'eei) meeting7s. It is iiiade up of the clerg>',
cl)urchiN ardLns and parisli of'ticers.
Priipgrtj Iipiil FinaiiL'e Ci)niniillee
Th is coniinitleL' ha5 Ilie responsibil it!. l() rei'ieii. <211(I nionitor expeiidiliire oli Fic bric aiid GeiiL'ral Fiiiids <ind to
ork itli tlie parisli arLliilLLt to prioritise fabric rLP<iifs. It reports Ic) Siandii)g Coiiiiiiittee and thL PCC.
CliiirL'lI Cuniniillee.
I'he three cliurches in tlie parish each have their oivn committee. These meet to discuss mcitters of partlCLilar
concern to th¢ indi￿.1d1lal cliurches and report to th¢ PCC.
All neil, PCC members are ¥7iven a Trustee Welcoine pack %￿hleh iiiLliides Rl'm's Mission Actioii Plan,
truslee5hip gFuidaii¢e iiotes fron) Ilie CharitN' Comniission and Chiirch ot. Enc?land (plus link to the Chiii'ch of
England's trustee video tulorial). RTM s governing documents and tlie preN'ioiis }'ear s report and aceoutits.
Key Management Personnel
The PC Q is Loii.%idered to be part of kei. nianagement as il is in chic roe of directisig. controllin(F runninii and
operatiniy the clilirch on a daN'_to-da%' basis. All siich personriel
cJai.'e of their tinie freel). aiid receii.'ed no
remuneraiion in the N'ear. Delails ot. PCC members, e.xpensis and related parti transaclions are disclosed in
Note I I to the financial statements.

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
Tlie pa) of noii-clei'o
staff is re￿ i¢ii"¢d dniiLiallN' and iiormallN' incr¢as¢d in accordic lice ii.'ith aN'erane earninus
and beiichmarked ii'liere Possible to eqiiivalent roles in the local iiiarket.
Church Attendance and Electoral Roll
Avera(y¢ iN'eek. l)" att¢iidai)ie for OLir churches in ?0?4 Il'as:
St
Mary,
MJgFdaleiie
St Jolin
tlie DiN'iI)e
St Matthias
EleLtori11
Roll, (IS at 19
Maj. 2014
188
67
7)
Congireuation
(ai'eragje, inc.
cliildreii)
123
45
55
Resen'es Polic)
An amoiiiil of tliree moiiihs biiilL7el¢d eipenditLir¢. as prev ioiisl}' cibyreed b), Ihe PL (' cls adLqLiate I'eseTr es. IN'as
maiiitaii)ed.
Inve%lnicnt Policy
I'lie iiii iiliiiLiiI PC)liL} is nionitored by the Prc)perti & F incince Cornm illee li itli oi'ersigiht bl, PC C" lid is siibjt¢l
lo regyiilar r¢i'ieiN'. The cli￿￿[)1 pi)Iici' (iims to niiligyalL risk. througih ni¥l11)Iclinii)g? portfc)lici ot. iiii'estiiienl
pr()perties, col leclive tiiiids aiid Llc sh 011 deposit. l() diversiti, ri%k and oplim is¢ tlic avai lable retiim. The PCC,
Lc)iibiclL'rs Ili¢ PL'rliirt]l¢lllL¢ diiring the ￿t'LIr ILI be CLLPILible ￿21)(1 iii clLLiirdc?IiLL itli the slatLd polic).. Th¢ PCC.
has iiiade siich iiivestnients to gyen¢r&lie a retiirn ¢ind lias inad¢ Iio sociul In￿e￿Ill)entS.
Grants Policy
TIIL, P()1 ILJ, ori gyf<intS is set bN' tlie PL'L,, to dislribiite l O % ot" volii1)tlc ry, incoiiiL', for cli¢irilcible aLtivities. 'I'IIL
propo.sqc I for dislrihiitioii is pr¢p¢ired b). ilie AIN'ai' (iii'ilig g¥rc)Iip aiid siibiii ittL'd fi)r iippf()Vi11 to ihL PCC.
Risk nianagemL'nt
Ri%k 11i4lliiigiLII)L'iil is Li)-c)rdii)aled by the Risk Revieiv Gr()IlP. Lom pi'isingy a LO-cirdiiial()r aiid c)iie repr¢sei)tcllive
froiii cacli c)I"Ihe ilireL Ll)urLlies. -l-h¢ gTr()iip rep()rl% t(} tlic l)rc)pL'rt) aiid F iiianee Li)Inniillee. 'l-lie byrc)Iip sc¢ks to
identifj. risk's, aiid instigyale nianagFement arraiig?ein¢iils for Ihein, Liiider five categiories, ll<imel>' Fiiiancial,
F lealth and Sat"etN': Op¢rali()n<il, Rebyiil<ltOry* nd Repiitcltioii. Ke>, i)IilPllts are a lisl of iiiiligFati()ns, and tl)e
id¢iil il ILlc lioii oran indii'idiial li lili r¢sp()ii%il)il ill. fc)r ii)<iiiagyjiigi tliL' d<l<iil ot'il)L' idei)lified risk. TIIL g>rciLlP sccks
li) take <1 praLtiLal <?ppfL)c?clI to 1ll421l<2glillg) Ilie ILii%icin bLli¥'cei) liiiiilatii)ns li) lundii)(? and statl" and v(Iliiiiteer
tiiiie. aiid tli¢ Lost <111d tiiiie reqiiirenients foi. Incll)agin¥ eaLh risk.
The PCC Lonsiders the principqc I longy lerm strategyic risk's and uncertainties tacing the Lliarit!, aiid its plaiis
slrategyie5 for managing these risks to bL:
Over-eiposure lo the N olatiliN' in the asset priLes aiidlor retLlrnS of a particuli1f ¢1sset Llass that m iglit
diston the ¢ll'gc i11( bil iti. ol" fin¢in¢i<l1 re%oiirces. This is niandged b). fL fill coi)sideralioii Lif IhL ran(IL
aiid n) 1.1 c)t-a%sL15 liLld iii ordLr l(i c)ptiin ise rL'liiriis t"roiii thc assets ol. R1-M in order lo pro￿.Ide resourLes
to fiilfi I tlie MiSSiL)n Action Plaii ol- tlie charil),.
Faillire to raise SLIII ILient voliinl<irv inLC)nie l() meet the Charl￿ s operational needs and aims.
The increasingy laLk ot" al'ailability of voluiiteers lo support Rl'm to carry. out the I￿ork of tlie chiirch.
In addition to tlie strateg?ic risks meiitioned abov¢, th¢ Risk. Revieii. g7roiip. soucjlit and recei￿.ed infonnalion
regvardingj safegucirding (Irainingy aiid sLreeningy records) and tlie Inanagenient ot- RTM during the interre&7iiiim
(mitigated by the temporarv appointment of the Reader, Ruth Martin, to provide FIR leadership and
managemeiit, on belialf ot"th¢ si.I ChiirLI) Wardens.)

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
Fundraising Polic).
In l ine iwiih th¢ requirements included in the Charities Aci 7016 the Trustees are ple(Ised to confirni that all
fundraising is carried out in LomplianLe ii'iih best practiLe. All tundraisino activilies folloiN' guidelines I￿here
these hai'e been provided bN' the ChurLh of England. DuringJ ?024 M'e did not employ aiiy professional
fundraisers. There ￿￿'ere no cornplaints or criticisms during the year about our fundraising activities.
Public Benefjt
When plaiiniii(i our activities for the year: the incumbent of each of our churches and the PCC have considered
the Charitv Commission's guidanLe ()n public benefit. In particul2( r ive Ir! lo enable people to live out their
faith as part ot our parish community through:
Worship, praver, learning about the Gospel and developingJ their knoi¥,ledgye and trust in Our
Lord Jesus Christ
Provision ot" pa.8toral care t.or people living in th¢ parish.
Missionary and oiilrcach iiork.
Financial Rev'iew
Durin¥ lh¢ l'ear i¥'e spent £473,304 Irc)m Desiuynciled fLinds and RL.qtricted Fiinds 011 miijor fcibriL repairs
to l)Lir properties comprisiiigj £78,087 at Si Mary Ma¥dalene, £67,938 al St Johii the Divine and £327,279
at Si Maiiliias.
WL fLcLivLd a distribution of £46i.100 from Richmond Cliurch Charilv Eslales (RCCE) in 2024, for
i liich are most byratetul. £i37,087 of the RCCE reslricted flind li ￿ applied duriiigi IhL year toiiards
the ¥vork of the Church. The un5penl ioial ot" this I'und ai tlie end of 2024 was £3i,127. An additional
distribution ot" £iOO,000 i¥'as also proi'ided bv RCCE loiwards the Parish Roonis Project, ol. ii,hich
£17.j.?.$8 has bLL'll 5pLI)I lo dale. Th< main bLli IdingTr ￿￿'0rk shoiild be slaningy in Springy ?0? -
Al 31 December ?094 our unrestricted gyeiieral reserves incrLased bv £i87,619 10 £1 .59 7.920.
The value ol.our iiivestmeiil holdinbys inLrL&sed by £9.i.4? l jii 20?4. The cciniposilion ot. the investments
ill be reviewed bj the Property & Finance Committee during¥ Ihe year, lo ensure thal it conlinues to
appropriail..
ThL' cash b2liiiiLe held cil IhL L'nd of'?0?4 IW<lS £?.o?0.$6?
an iiicrL'¢ise ol. £?89.875 over the year. The total
fuiids InCre¢￿ed by £481.084 10 a total ol'£10,909,934 on 31 DLceinber ?094.
Future Plans
Richmoi)d Team Ministry. PCC sceks to COT)til)Lie io live aiid work oiil its Mission Statement, ensurinbl our
cIILirch bLiildinbTS arL visible sigyns of the love of God and places of ivelcome for all.
To achieve tliis tlie PCC aiins 10
continue to siipport Ilie ii'ork of Ihe Ricliinond Soup Kitclien and other chariti¢s iii Richmond and
abro¢1d, caringy t.or those ii.'ho are not as comt-ort¥ible and ii.ell oft. <iS ourselves
arrv out the ii'ork. 1111< l is nL'Lessdry as a ChLirLh of F.ni?land parish by otYLriiig) reg7ular sern'ices as ivell
as the occasional offices Ibaplism, marriag7e and tuiierals).
Auditors
A proposal lo reappoint Xeinadin Audit Lim ited Kvill be made at the next counci I me¢ling.
B) order of thc Council
Margot Gallie
PCC Secretary
Richmond Team Ministry

RICHMOYD TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
Independent auditor's report to the members of the Parochial Church Council Of Richmond
Team Ministry.
Opinion
We have aLidited the financial statements of Richmond Team Minislry Parochial Church CoLincil (the "PCC")
for lh¢ Vear ended 31 December 2024 i1,hich comprise the Statement of financial Activities, Ihe Balance Slieet,
the Statement of Cash Floii's and notes to the tinancial statements. including a summarv of 5igTnificant
accounting pol icies. The finlL llci<11 reporlingJ frameiiork. 11)al been applied in their prcparation is applicable
law and United Kingydom Accounling Siandards, including Financial Reporting, Standard 102.. The Financial
Reporting Standard applicable in the UK and Republic of Ireland (United King7dom Generally Accepted
Accounting Praclice).
In our opinion, the financial statements..
give a true and tair ￿'le￿ of the stat¢ of the PCC'S afl<iirs as at 31 DLLeniber 20?4 and ot" its incoming
resources and application ot resources for the year then ended-
have been properly prepared in accordance ivilh United Kinbydom Generall! Accepied Accounling
Praciice;
hav¢ be¢n prepared in accordance iN'iih the requirenients of the Charities Aci 2011.
Basis for opinion
We conducted our alidit in acLordaiiL¢ with Iiiieriialional Standards on Audiiin(J {UK) (ISAS (UK}) and
appli¢abl¢ la￿.. Oiir responsibilitie* uiider those standards are further desLribed in the Auditor s responsibilities
for lh¢ audil of the finanLial staiLIMLiils SLCtion ot" our report. We ¢2re indepeiidenl ol. the PCC in accordance
'ith the ethical requireinenls ihat are relevant lo our audil of the fii)ancial statements in the UK, including the
FRC'S Eihical Siandard. and ive have fuifillLd our ()ther eihical responsibililies in accordanLe iviih thLse
requireinenls. We believe that the audit evidence ive have obtained is sutticient and appropriale to provide a
basis tor our opinion.
Conclusions relating ¢0 going concern
In auditingy the finanLial statements, Ive have LollLlud¢d Ihai the PC'C members use of thL gFoinbv concern ba%is
of accountingF in the preparation of the financial statements is appropriale.
Based on the work ive have perlomied, we have not ideniitied any material iincertainlies relatinbv to L venls or
conditions thal. individually or collectively, may cast sigyni licanl doubl on the PCC'S abilily to continue &s a
going concern lor a period of al least 12 moniljs from ivhen the financial statements are authorised for issue.
Our responsibil ilies and the responsibilities of the PCC members ivith respect to gyoingy ¢on¢ern are described
iii the relevai)I s¢'clioiis ot- Ihis reporl.
Othcr information
The oilier inform1¢ lion Loniprises Ilie inforin<ltion incl uded in the annLl<il report. including IhL PCC mLnibers'
report, (Ilher than the linancial statements 14 nd our auditor s report ihereon. The PCC members are responsible
for Ihe other intormalion contained iihin the aniiLial report. ()Lir opinion on the tiRancial siatemenls does not
cover the other inforrnalion and, except lo Ilie exienl Other￿lse explicitly staled in our report, we do not express
anv fomi of assurance conclusion thereon.
Our responsibility, is to read the other infom)ation and, in doing so, consider ivliether ihe other infonnation is
material ly incon5iStent ii'ith the financial slalements. or Olir kno¥N'ledgFe obii1ined in the course of the audit. or
othernw ise appears to be material IN. misstaied. I f identifN' such material inconsislencies or pparenl material
missiatemenls: ¥N'e are requirLd to determine il'hether t1i15 gTives rise lo a material misslatemeiit in ihe financial
slalem¢nts ihemselN'es. It.: based on the ¥¥'ork have perforined. w'e conclude that there is a maiLrial
misslatemcnl of- this other iiitormaiion, are required to repon that facl.
We have nothing to report in this regard.
10

RICHMOND TEAM MINl&iTRY
(iT MARY MAC.DALENE, ST MATTHIAS AND ST.TOHN THE DIVINE
Independent auditor's report to the members of the Parolhial Church Council of Richmond
Team Ministry, (continued)
Matters on ivhieh iTr'e are required to repori b), exception
Iii the l iLyhi of tli¢ kii()IN ledge aiid uiider%lcTriid ii)g of (lie PL'C and its eiiviroiimeiit obtained in the course of the
audit, li'e have not ideiititied niaterial m isstatements in the PCC members report.
We hai'e nothin¥ to rep()rt in respeLt of tl)L foll()1￿ ing matters in relatioii to li hich the Charities (Accoiints and
R¢pon%) ReiTLilations ?008 reqiiires lis t(I rep()rt to N'ou i t", in oiir i)pinion-.
ad¢qiidl¢ anil prop¢r acLOUlItIl}IF recc)rds ha￿.¢ iiot b¢¢n k'ept, or reiiirns adequate t.or oiir aiidit ha￿e nol
beeii receii'ed troni braiiclics iiot N, isited b). us- or
the tinancial slatements are nol in agireement iN'ith the accounting records and reliinis. or
certain disclosures of PCC members remuneration specified b). laii, are not made. or
'e have not received al I tlie int.omiatioii and explanations il'e reqiiire t.or our qc Lidil.
Responsibilities of the PCC members
L'.xplciiii¢d In()r¢ t.il I IN iii tli¢ PQ"L nienibers respoiisibil ities staleiii¢nt. Ilie PCC. IllLmbers are rLspc)nsible
for Ilie prLparalioi) uf iliL f iiiaiicicll stalLiiieiits ai)d for being) salis1 led ilial 1hL￿. g)IVL' a Iriie aiid fair ￿'le￿I.. and
f()r SULh internal L()iitri)I (15 tl)e)' determine is iiecessary, to eiiable the prepai'aliL)n of finaiicial statements that
are free frrom nialerial m issll< teinenl, ii.'liether diie to t"r£iud or error.
In preparingp thL liiianLial %t4tleiiiei)t%. the PCC members are rLspiinsiblL li)r assessinbi IhL PCL s ¢qbilitN' 10
contiliLlC as a g)oii)g) Loncern. d isclL)SilibY. <lS applicable, In<ollers rL'l<Qtcd t() b>oing) LC)J)ierii <2iid 11sing th¢. gF()iiig
concern basi5 ()f 1lCCOllI)tingi iinlcss Il)e PQ'C menibers eiiher intend to liquidate the PCC or to cease operatioiis,
or have no re<11 istic alieriiative biit to do so.
Aiiditor's re%ponsibilitie¥ for the audit of the finanLial ¥lalenienls
WL, lic)i'¢ b¥¥ii clPPI)iiil¢d ciiidilL)I' 111)dL'f SLLlioii 145 '111(1 rL'port in 1£ LLordance Ni'iih the Act and r¢lLV<lllt
rLg7iilaliLIIIS Ill¢qdL' cir liavingj cl'lict tliLrLuiidLr.
Oiir objectives are io obtlc in rea50ll¢1ble assliraiice abc)Iit %￿hether ihe fiiiancial st<llemeiits as a ii,hole (ire free
frLllii mi< IL'fic11 m isstalL'iiienl. i¥'liLtlier duL Ic) frciiid cir errc)r, ciiid Ic) issiie ali c1Lidil()r s rL'Pllrt Ili&il illL ILidLS ()Iir
opiiii()n. R¢a%c)1126 bl¢ ¢1.%￿lIratILl' IS <1 liigjh l¢'vel cil. <issLifilll¢¢, bill is i)ot a gJii'irdiilLL' Ih<)l illl Iiiidil c()i)dLILILd in
acLord<illLe ii'iili I SA% (Ll K) ii'i 11 <211￿¢￿>.5 dLteLt a lli<qtLrial ni isslatLIML'nt iN'hLlI It L.1 isls. M isstutenient% Lan 11 rise
fr()Iii frcTriid or error <1nd ¢1r¢ coi)sidered iiiateriiil it., iiidiiwidiial ly ()r ITI tlie agb7reb?ate. they coiild rcasoiiic bl), be
expected to inllLience tlie econoin ic decisions ot users taken on Ihe basis ot. these fii)ancial statenients.
The exienl lo i¥h ich oiir procediirls are cap<)ble ot" dL'tectingy irregyiilarities. illLliidingy fraLid is detai led beloi¥:
Based oli oiir iinderstaiidingy of the Lharity. Ive identitied ihal the priiicipcil risks of non-coni pl lance iN'iih laii s
and reg>iiliqtions related to eiiiplo)'m¢nl. liiianci¢11 reportingp legislation and l)calth & safel). reg￿lilatIo1]s (2nd iNe
considered the exteiit to ii'hicli non-compliance mi(Fhi have a niaterial effect on the financial statements. We
al.%() coiTrsidered tliL)se laiis and regyLili11ions that have a dirLLI inipacl on Ihe prep<1ration ot the fiiigc iicial
staleinciils such as tlie Charities Act ?0 I i.
We assessed the suscepiibility, of the charitv's financial statemeiits lo material Inisstateineiit. incliidin(y
obtaining an understandingF of hoiw fraud In iglit occiir. bl, makingy enqiiiries of In(IllÉigenient. consideriniv the
intem<11 controls in place and disLiission aniongst the enciag?enient teain.

RICHMofyD TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
Independent auditor's report to the members of the Parochial Church Council of Richmond
Team Ministrn, (continued)
Auditor's responsibilities for the audil of the financial statements {conlinued)
We dLtLrmiiie(I that thL principal ri4k' s i¥ere relatecl t() In<lllclLJeiiient Iiia5 in I1CLC)IiiilingN estiiiiates. valliation of
freehL)Id prc)pertN', presenlalion ot separalelN' disclo.sed items and managFeiiieni oi.'erride of controls.
In response to the risks identified iN'e designed prc)cedLirLs Ii'hiLh inL ILided. bill ii'ere nol lim it¢d tl). cl)al ILllLVjIIC)
SlgFnifiLilnl acLoiintingy esliinales siicli a% i'a11I1É tioii of freeholcl pri)pert¥'. aLyreein(?
tii)an¢i<il statLmeiit
di%LIosures lo uiiderlN'iiigJ sUPPOrtinL dc)Liiii)entatioii. identitN'iiicy and iesliiig joiini<l1 eiitries. rev'ieii'ing PC'C.
nieetiiiii iii iiiiites, and ei'aliilÉtin& the cl)arity s iiiternal controls.
Tliere are inhereni limiiclti011s in the aiidit procedures desLribed ciboN'e. Tlie niore reiiiL)I'L'd t111¢ i laivs aiid
r¢i>Lil<ili01is ¢tr¢ fron) finilllL ial traiisaLlio)ns, tIIL ILSS lik'clN' il tli?c t ii'()iild li¢LL)ii)e aii'i1fL (It- iiiiii-LoiiipliaiiLe.
Maleria l in i*Staleiiients tliclt arise diie l() fri1iicI cali be liarder to deleLI tlian tliose tliat Ic rise t"roiii error as tl)e>'
nicll 1111.'()Ik e del ibLr<?te coiiLecilnienl cir Lol lu%iL)11.
A t'unlier descripiion ot. oiir r¢spcin%ibililies for IIIL audit ot. the tii)aiiciii I sl<lteiiieiils 1% l()Lated oli tlie F iliic IIClcil
RL'pi)rlii)iy Cc)IinLil s iNebsile at.. t"rL.org.Liklaiiditorsresponsibililies]- 'I'his descripiion fornis part of OLir
audilc)r s reporl.
Use of our report
Tli is report is made 501elJ io ihe PCC mLiiibers, as a bc)di', iii acLorddnce Part 4 0l.the C harities (AcLOLints aiid
RLpc)rts) Rebjulalions ?008. Qur aLidit iw()rk. lias beLii ui)dertak'eii so that in ib?lil .stale to ihe PCC. nieinbers
tl)ose ni<ltlLrs ive &irL rLqiiir¢d t() slc1tL ti) IIIL'Iii 111 <211 <oiiditor % report ciiid t.or iio ()Iher piiry)()se. To Ihe fiille%t
eKILllt p<riii iltL(I b), Iqc IK. ii'c di) 11()t (ILL¢pI ()r si%%iiiiie rLspi)nsibil it!. tl) Ll1l!'i)iie c)IhLr Ilicin Ili¢. PC'C ai)d tliL' PC ('
InL'iiib¢rs as a bod )'. for our alid it li ork, for tliis rLport, or for ihe opiiiioiis L hai'L' loniied.
Xeinadin Audit Limited
Statutory Auditor
5 Robin Flood Lane
Suttc)i)
%MI 2SW
.20?5
,¥(? jii(i(liii .4 tiilii Lirnii¢c'(l 15 L,lixihlc' f()i" LiiJi?()ipilnienl <i.s citi(liliJr i!I' Ihc, FC'C. bk. I'ii'ltiv ()]' il.i' É,li&JibililJ' ./()r
cii)pc)iriliiiL'iiI ci.% iiiiLlilcJr clf Éi c'()IllK)(iiiJ' iiii(ILJi'.sLJ('li()n 1212 (!f ihv C uip71?ciniv.f Ac'i ?(106.
12

Pry41
rT
Tr
In.
trj
ery
ir,
Inoert-
mrry
rn
Ir,rry￿
rn
Ir+
40 ¢>
I t¢ c ¢>
ir,m
0￿1r*
¥0 rry
(Y P4
4)
r* ery

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS A￿D ST JOHN THE DIVINE
BALANCE SHEET
AS AT 31 DECEMBER 2024
Note
2024
2023
FIXED ASSETS
Tangible
InveslTnenl propcrtiLS
Listed invesimeiiis
1,3il.89i
i,2)i,000
4.?64.j76
44i,i56
3.980,127
4 168 9))
8,8i1,271
8,59? 438
CURRENT ASSETS
Debiors
Cash ai bank and in lii( nd
154,336
2 0?0 562
180..184
1730.687
2,174,898
1,911,071
LIABI LITI ES: Aii)ounis lalling due
'iihin (Jiie vear
{ 116 ?351
( 74.679)
NET CURRENT ASSETS
2 0.$8 663
183641?
NET AS.SETS
10,909.934
10,478,8jO
FUNDS
Reslricled lunds
8(b)
965.017
4$9,?4?
Endoi*menl funds
8(c)
15,$85
326,?75
UiirLslricled funds..
De5iglllJted tiinds
General Linrestricled lunds
8{d)
8(e)
8.401,41?
15?7 920
8,703.032
940 301
9 9?9 332
9 643 333
10,909,934
10,4?8,850
Approved and aiiihorised for iss11¢ bj the ParoLlii<21 Chiirch Council oli
bL'halt' b>,:
20?5 and sigyned on its
MariFot Gallie PCC Secrelary,
Rliih Martin (Reader & PCC Member).....
The notes on pages 16 10 ?5 fonn part of thesc financial statements.
14

RICHMOND TEAM MINISTRY
ST MARI, MAGDALENE, &iT MATTHIAS AND.(iT JOHN THE DIVINE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash proi'ided b},/ (used in) operating activities
(see beloii.)
?Oi.j?O
117,628
Cash nows (rom ini'esting actii ities
Inieresl 12nd di¥'idends reLeik'ed
Amounts invested lo purchase tangible fixed assets
Amounts invested lo purchase tixed asset
iiiveslniL'iits
ProcLedb trom sale ot investment properties
224,486
{140.131)
18?,7)7
{4,281)
(35,127)
Casli proi'ided b!, investing actii'ities
14i.349
Nel cash iii no
?89.87)
260,977
Cash and Lash equivaleiils al l January. ?0?4
1730 687
1469710
Cash and cash equiv4il¢nts al 31, December 2024
2,0?O,i6?
,730,687
Casl) flows from operating a¢tiF ilies
Nel income
481.084
704 ?8?
Depreciation
IIiiL'resi and divideiids receivable incliided in
iiivesling) Jciii'ili¥S
(Gailis) on iiive511)i¢nls
(CJain)Iloss on disposal of fixed assets
(Increase).:dL'crL'as¢ in dL'btors
In¢rease/(D¢Lrease) in Lreditors
16.i86
16,553
( ??4.486)
( 135,4?1)
333
?6.048
18?,757)
( 433.501)
{ 5,485)
Cash proTr'ided by/(uscd in) opcratiiiR #ctivitlC5
205,5?0
117,628

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
NOTF,S TO THE ACCOIINTS
FOR THF. YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
The prinL iP<11 aLLOLllItiii<i
p()IiLi¢s adopted, .jiicl¥Jemei)ts and kes. soiirces of e.%timatioii uncertaintN' iii the
preparation of thL tinancial statements are as t.oll0￿ s..
Basi5 of preparation
The tiiianLiI11 statemeiits liaN'e been prepared in accordaiiLe li ith the Chiirch AccoLintiiigF Reuiilation5 ?006 aiid iii
aLeordanLe li itli the Ch<irities Siaten)¢iit ot" ReLomineiided Pr<iLIiLL (Cl)<1rities SORP (FRS I O?)) aild Financial
Reporting Siandard 102 (FRS I O?). RiLI)moiid Teani M iii istry nieels tlie defiiiilicii) of a publ IL beiietil enlit). under
FRSIO2.
Tlie finc2llLial slatLnieiits hak'e been prep<ired linder Ili¢ histi)ric411 LL)Sl LOlllILlItiOli SLibjcLt to the rek,Iliialioii ot
ini'¢%tments. I'1]¢ accoiinls inL IiidL' 1( I I Ir&1nsactioJ)s. assets arid l labilities t.or Nvli ich tlie PCC is respon%ibl¢ in111%.
TIIL.) do iiol iiicliide il)e 1( ccoiiiils Ot" LliiirLlI g)I'OUPs tliat ()iie thLii' Inaiii affi lialioli 10 (lnoiher bod> iior tliose ihal
are intomial ¥)atlieriii(YS Ot"Cliurcli iii¢iiibers.
The fiii¢iiiL ial %tilt¢i)ieiils <2re prep<ired in .%terl iii(
I) ILh is (lie fuiiilicinal ciirreiiLs of the chLirch. Mi)nLt¢ln'
amounts in these tinanci<21 stateiiieiits <ire r()Iin(l¢d to Ihl neLlrest £. ThL ParL)Lliial Cl)LirLlI C (ILITiciI L)f- R iLliiiicind
im M in istry, is a Chc1ril! reLIi51LfL'd iii Ei)gl¢ind & WalL% No.. 1130018 aiid Il)L' PLl1'i.%h nf'tice is al -I'h¢ ViL1c ragje,
Ornic)nd Road, RiLI)mond. Siirr¢) TW [0 6-1'H.
At the time of 1¢ pproi'ingy the fin<lnci1L I st2< tLments. the PCC niembers IiLlI'e a rL'.1%0lli1blc expectll lion thic t tl)e cli<lrity'
lici% aclL'qLiale resc)LifLL% Ic) Loill ii)LIL 11) c)pL'f<ilioi1Ic l LXiStLnLL tor tIiL t()rL'%L'eablL fLiliirL 1< lid Ili<ll ilierL
,2fL ])() 111<2lLriiil
ui)¢iri:iinliLs £ib()iil R TM s abil itN' to L()nliiiLie. -l-IILlS the PC Q InLiii bLrs Lolltiiiiie t() c2d()pl Ihe g?oiii¥i conceni bc25iS
of acc()untinyy fc)r prLp¢iriiigJ tlie l inai)Lial teiiieiit5.
Funcly
UiirL%lricled tiiiids represent fiiiids 1111< t Llre n()t siibjeLt to an). restriclions regiarding iheir ilse lind ar¢ clV&iil<ible Ic)r
ali). &ippI icati(In. The PCC h<qS dLsiLyiiatLd Lertdlli iiiifLslriLted fiinds as fabriL Funds to bL iised t()r IhL 11)dintLlliliice
of Cliiirch iiiid invesliiient pri)perties, qc lid fixLd Asset Fiiiids. beingy ihe hc)IdingF valiiL of iiii'eslni<nt properties.
RL'slriLted fLlI)ds I'L'pfL'SL'nl I'liiids c)11 iN'liiLli d¢iii()rs 11¢1 VL illl P()sL'cI speLi I IL reslriLti()1i5 cir il'h icli haK"L beeii raised
for Pclrticii Iiif PLirpose5. 'Ilie clim and LISL Ot. L'I2Lh rcblricled tuiid arc sel oiil in th¢ notes to Ilie acLC)IllIts.
Eiidoii'ment funds rLpresent fiinds 5¢t lip iind¢r the tLrnis of deLeased persons. I￿1115. trom ivl)ich tlie income shal I
be applied for SPL'Citic restrietL'd PLirposes.
Income
DéJii(Ilii)nJ ciiicl IL'Aiac'jifft.s, (JIIILJr triiéliiiA* {IL'¢jiTrjlj(p.i', (iiicl L'liiirL'li aL'tiiyjljip.I
Doiiatic)Iis aiid ILJI￿*(1L ILS (IllLliid iiigy StL,1￿ cll'dsliip g> IN. ji)g. LC)IIL'LIi()115. ()raiits to thc PCC aTid incoine tax recoverable
uiidLr Gil-l Aid) aiid cliurcli aiid cliiircli licill letlingFS al'e aLL()Liiilecl for OliLe tlie Ll)ariti' lias eiitiilenieiil to the
income. it is probable tlie iliLome i¥ ill be received and the aiiiount of iiicoine r¢ceii.'able cali be rcliablN' In¢asiired.
SLILII income is deterred only IN heii..
thc donor specities tliat tlie gFitt ()r doiiati()n ma}. onlN' be iised in fiitiire aLcoiiiIIiiiL periods; or
tlie donor has imposed Coiidili()ns iN'hiLh musi be met bLlore iincoiiditional entitleiiieiit.
The N',ilue ol" sei'i'ices pro￿ ided b). vollinteers lias iiot been iii¢ liided iii these accounts.
Ipive.Illlienl illciinie
Rental iiicome from the lettiiiLP of church premises and inN'estinent properties is recognised ivhen receivable.
Interest and di￿ idends reCei￿able are accounted for in the period to i%,Iiicli the), relate.
Eipen(liture
Expenditure is accrLied as sooii as a liabil itN' 14 Lonsidered probable. discounted io presenl ￿'al[le for lonoer term
liabil ilies. Siipport aiid bFowernance costs are iiicliided in church aLtiN'iti¢s.
16

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES (Lontinued)
Cliiirc'li cic'liv'ilies
The DioLLsaii qiiula or parish share is accoiinted for I￿1]en pavable. Governdnce Losts are those accriied in
connection NN'ith administratlOT) Ot" the chirit). aiid are 2c¢ounted for on (ln a¢cniic Ib basis. The), are included in
church actiN'ities.
Granl.I
Grdnls paj'able are paj ments ni<ide lo third Pdrties in the furtherwc Ice of tlie ch￿￿ble objeLts oftlie Lharity. In thL case of
an iinLonditicinal LFrai)l ofter this is aLcnied oncL the reLipient has been notified of'tl)e bynnt aiNard. The nolifiLc?lion gyives
the recipieiit a re<qsoiiable eX￿'claI10n ih<21 thLN.' iiill receive the one L)r n)iilti I'car bryant. Grant aii'<?rds tlial <lre %iibject to
Ilie recipient tiillilljii(7 p¢rforniÉlllL¢ Cc)iTrdiliDns ar¢ onlN' accrued ii'hen tlie reLipiei)11712S beeii notitied of-the gyrant and an),
r¢iii(iiiiingi iiiitullilled ci)iiditi01is attachiiiLJ to that wnt are oiitside the control ot"Ilie Lliarit)..
Proiiisions tor grniitS c2re made ii'hen the iiiteiition to make a gyrant licls been conimiiniLated to tlie reLipient. bill tliere is
IIIICLrtaintN' as to tlie tiiii iiiiy ()I' the gFraiit ()r tlie aii)i)iiiit P<1) 1bl¢. A pr()￿.1￿101} f()r a niiilti )'ear nl is reLooini5Ld at its
preseTIt I'ciliie li herL settlcineiit is (liie 0￿.cr iiii)re Ili<lli onL !'e?r Ironi tli< di1te of. tlie 1¢ Il'i¢ rd. tliere are n() IiiilLilfillL'(I
pertC)rn14lllLL' LC)ndiliL)l)s iii)dLr thL L()iitrL)l ol" tIIL Llicll-iIN' II)1c t ivoiild pennil tl)L Lli'irit!. 10 1( VC)id m(Ikii)ii Ilie liiliire
PclN'iiienlls). 5etilLIiiLlIt is pr()h&qhle, aiid il)e efTcLls ofdisL()Iiiitingi is 11l<2tLric21. Tlie disL(Iiiiil r<Qte 11sL.d 1% Ilie rcilL ()tlired
oli g?oN'erniiient bonds for Ic sini i lar liine peric)d 017ered iii the J'ear in ivliiLli Ihe gyrailt <2I¥.'ard is lii¢qde.
Tangiblc fixed a$sets
Ciiii.i'eLriilecl liin(l (iii¢l biiilcliiiAI.I' iiiicl mc)IFcibléi L'liiirc'li]uriii.%liinAII'
C'()Il%LcratL'd cir beiiLtIL<'d pr()PL'rl) is eKL liiclL(f Irom tIiL' aLLOLlllts b> SLLlion l O(-)(<l) ol" tlie C1741riliL% Ail ?0 I I
N() K'ciliie is plaLLd 011 niovLlc ble Lhiircli tiiriiisliiiibjs held bj tlie cliiircliii'l¢ rdeiis 0111( %peLial trLlSt t.or ihe PC'C. and
iiliiLlI rL'qLiire <1 tciciIII}' tor dispobLI1511lCL Ilie PCC L(iii%iders Iliits tc) bc ili<21iLiiablL' prc)p¢rl)'. All L.KPLiiditiir
iiILiirred diirinbi the J'ecir c)n c()11sL'Lfc?ted ()r bei)¢fi¢e biiilclii)sys, i¥ lieiliei. Inclil)lenaii¢e or impro￿l'n7enl, is iwrillLII
of7" 615 ¢xpLiiditiir¢ in tliL S()FA aiid S¢Pclfcqtcl)' disLlos¢d.
Fr¢¢liiild pri)pcrtJ for LliaritN IISL IS illLliidLd clt ciist. FrLLlI()Id laiid is iiol dL pfLLi&QtLd. I"IIL PCC d?diipl% a poliL}'
of. iii?c iiilcoininb? all IreLlii)Id biiildinb?s tcl hibFli stiliidii rd iiliiLli prol()n&i5 their usefiil lii'Ls aiid eiihanLes tl)eir
rLsidual N'aliies ai)d acLordingJ IN. tlie l)CC LonsidLrs aiii depreciatioii arising) or aLLuin ulat¢d dL'prLciatioi) to dale
lo be insig)nitlCiinl (Iiid ininialerial.
F i.xtLirL's ai)d L'qiiipiiiei)t L()Stiiii? iiic)rL Ih<in £750 are capit.Il is¢d aiid d¢prLL i4iled 0￿.￿r tlIL'ii' iise lijl li fe ¥vhiLh varies
troni 4 N'ears lo 40 ycars depeiiding7 on thL assel.
Investment properties an(1 invL)Stments
AI I iiiv¢stinentS c1re iiicliided il111)ark"et N'lc lue at Il)e )'e<ir eiid. -rhe Siatemeiit ot Fiiiancial Activilies iiil ILides the
nLi g2< iiis aiid losses oli revaliiations c1nd disP05als ihroiighoiil the )'e11 r and are shoii'n as a coniponenl of net
incoiiie.
Investineiit properties are included at a protessional valiiation as at ihe Near end <ind are iiot depreciated in
accordanLe iN'itli fRS102. This is considered necessary. to give a true and fair vieiv.
Current as,sets
Income tax rL'coverable and other debtors £?re inclLided at tlie settlement amoLint due. Prepavmenls are N'aliied at
Ihe diJ)Liunt prepaid. Cas11 al bcink ai)d in hciiid inLludes Lash and short temi liighl) liquid ini'estnients iN'iih a sliort
maturity. ot"three months or less from the date of opening of the deposit.
Creditors and provisions
C.redit(Irs and proN'isions are reeogynised ii'here the Lharity has a present obligation arisinb from a past ei'ent that
ill probabl>1 result in tlie transfer ot fiiiids to a tliird partN' and the amoiii)t diie to settle the obligation can be
measured or estimated reliabl}'. C reditors and provisions are reeogiiised at their settlement amoiini.
17

RICH￿10ND TFAIWI MINISTRY
ST IMARY IMAGDALEINE, ST MATTHIAS AND ST JOHN THF. DIVINE
NOTES TO TFIE ACCOIINTS
FOR THE YEAR ENDED 31 DECEMBER2024
ACCOUNTING POLICIES (continiied)
Financial instrumenls
The charin onli lias tinancial assets aiid liabilities of a k-ii)d that qualifi, as basic fiiiancial instrLiinents. Basic
financial instruments are initiall), recoipnised at transaLtion ￿'a]ue and siibseqiientlN' nieasLired at their seltlcnient
valiie.
INCOME
Unreslrieted Funds
CDenerAI
DesignAted
2024
Reslricled
2024
Ti)tal
2024
Total
2023
2024
Donalion5 and legacies
Grants
Doii<llions. applals LIC.
l.LgaLies
965 100
16,446
965.100
16.446
4jl).100
?1,097
7).338
98? i46
98? $46
.55.S.53.5
Other trading #ctil ilies
Fees
Cl)IirLI) H(111 leltinbys and renl<21s'.
P(Irisl) Roijiiis
Si John's Hcill
Si Matil)ias LeitingFS
M<lLTaziiie and book 5<11¢5
FiiiidraisiiigF eveiils and aciivilies
17,092
17,092
16,897
34,962
14,?19
34.96?
14.219
79
?9,.516
8,?84
4?]
79
Investment in¢omi'
DividLI)ds <lnd inl¢rL'sI
Propert). income
215,388
9,098
224.486
101311
18?,7.57
21$388
3?5 797
277 409
Church activities
SILH'ard%h ip plaiinLd giving..
BankLrs Orders
Envelopes
InLonie lax recoverable
Collections and sundrn. donations
138,536
2,3.fj7
30,529
li8.536
?,357
i2,079
133.759
2,3.$0
36,139
1,550
197 164
198714
190 828
Other sources
LPWS Government grant
Other income
53.613
16.539
70.1)?
TOTAL IIYCOME
204,10
1009,733
1 ￿4_3.5_61
1.089,9 Ib
l8

RICHMOND TF.AM MINISTRY
(iT MARY MACDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
NOTES TO THE ACCOIINTS
FOR THE YF.AR F.NDED 311)F.CEMBF.R 2024
EXPENDITURE
Unrestricted Funds
Cieneral
Designyted
2024
Restricted
2024
T()tal
2024
2024
2023
FuJTrdraising cos¢s
Chiirch I lall runnino expenses
P<1rish Rooms
Si John's 14all
St Maiiliias LettiniTrS
Cost of flindraisingy eveiils and
activities
891
9,467
7.4S9
12,i12
15,097
12,)]?
15,097
27.609
Ini'eslmeiil m#na2ement costs
InvL's1113L'nl propi'rl), I'uiiniiiij Lxpenses..
Sandover House
ChurLh C ollaije
10,138
10,138
10.353
3,136
3.136
336
Inveslmei)I propL'rt), fabric repairs..
Sandover House
C hurch CoitagJe
St John's LodLFe
13.?05
13,205
2.822
1.050
Chil rch aetivities
DioLe5ai) P¢irisli slii)re
Clerg). expei)ses
ClergFv hoiising
YouiiL People5 Mill is1ry' l.eader
Churcli runiiii)g? expeiises
Church org?anisls
Chlirch iiiainlLiiance
DLprLcialion
Adiii ini5traior's salary
Governaiice Lost5.' Audit
Aciountancy
Protitlloss on dispos<il ot tixed assets
Church major tabric repairs..
Si John the Divine
Si MaiTr' MaLdc11ene
51 M<iiiliias
M ission(Irv and Charitable Giving -
Church Overseas:
Mi55ionary So¢ieiies
klome Missions
Seciiliir Charities
136,UOO
11,08?
?04,000
340,000
44.467
8,331
30,.50?
176,183
31.421
?6,133
16,386
39,918
9,280
27,638
333
330,000
20.810
12.194
9,547
189,337
8,331
20,356
104,087
31,421
26.133
19,675
16.386
9,$02
4,640
13,819
333
30,416
4,640
13.819
37.315
8,880
24.960
67,938
67,938
78,087
i27,279
19,796
?0,037
28,492
78.087
327,279
9.OiO
6.1?.
3.8?.)
9,330
10,738
4.010
914
7,039
3.82.5
186438
491637
565 735
1 ?43 810
786 757
TOTAL EXPENDITURE
43
54
19

RICHMOND TEANI NIINISTRI"
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
NOTES TO TIIE ACCOUNTS
FOR THF YEAR EfiDED 31 DECEMBER 2024
STAFF COSTS
2024
2023
Gro55 ivages
Social security LOSIS
Emplo)'er s coniribuiions lo defiiled contribution pension scheines
1 ?4, j34
4,96)
2.494
1179?2
3.656
118,76_1
DLiring the >'ear none lif the 71 ?0?3.. 6) ¢niplo)'ees ¥i'ere Pciid iiiore tlian £60.000 per anniim i ?0?3: none).
TANGIBLE FIXED ASSF.TS
M(Jveable
church
ruTni%hings
Office
Equipment
Freehold
properti.
Toi#l
Coslldeemed cosl
Ai l JanLiat)' ?0?4
Ad(liiions
Disp()5<i1
Tr¢1nsfer trom invesin)¢nl properties
Al 31 December 2024
380,000
140,131
151 ?58
4,?81
5)S,)39
140.131
iOO} I
785 127
130.5 ?58
785 1?7
3781 1460?97
151 ?.$8
Depreci#lion
Ai l Jai)Iiar¥' ?0?4
Charge lor the yLar
Relec15ed ()n di%po4¢ils
Ai 31, DILembir?0?4
90,756
15,1?6
1.4?7
16.386
105 88?
108 40?
Net book I'alue
Ai 31 December 2024
1,305,?58
-] ?61 135189.S
Ai 31 It December ?11?3
380,000
00,50?
2,854 443,3$6
INVESTMENT PROPERTIES
Valuation
2024
2023
Ai l Jclnu<1ry 2024
Additions
Transler to fixed as5et5
Disposci15
Revalu<ilion
Ai 31 sl Decen)ber 20?4
3,980.127
3.870.000
( 785,127)
3,?35 O_00
3,980,1 ?7
In Janiiary, ?0?4 tlie Parish Rooms cei1sed lo meet the defiiiition of iiiN'¢stinent property ii'lien planniiig
periiiis%ii)n for Llil< ritw use iN"as obt¢iin¢d. It li as therefore transferred to tanLyible fi.xed assets <11 its fair iialiie at
tliai dale, hi¢li beLoiiies ils deemed cost.
20

RICHMOND TEAM MINISTRY
ST MARY MAGDALENE., ST MATTHIAS AND ST JOHN THE DIVINE
INOTFS TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INVESTMENT PROPERTIES (continued)
The ini-estment properties eomprise tlie folloiviiig properties aiid the respective Vic lues are Sho1￿.n beloii..
2024
2023
Parish Rooms
Sandover House
Church Cottage
Si John's LodLFe
78.i.127
1.9iO.000
8?i.000
470 000
3,980,127
1,97i.000
83i.000
4?i.000
3,235,000
The iniiestmenl propertie% Lire presented al tlieir fair i'¢11ue and ii'ere tlie siibject of deskt()P VIL liiati()ii as <71
31 sl D¢c¢ii)ber ?0?4. TI1¢ Ill￿(%111]e1]t properliLS are Iicld prim<iril¥ to prL)N'idL ini'cstniL lit rellifii 1( lid ii(Il tiir
projeLt- rLlaled piirpc)ses. l-lie Vi11Lialioii S 111Ilde bj. Ilie PropLrtI' aTid F illcinLe C'oiiiin iltee. b&1sed oli Ilie
Land Reg7isiry' index fc)r Riclimoiid 051 Tliaiiies. for 20?4.
LI.STED INVF.STMF,NTS
Movement5 in year:
2024
2023
Milrkel V¢iliic al l Jai)Iiary
PurLliilSL u1- invLslniL'ni
UnrL'alibL'd Ll<iin51(1()sses) in IhL' year
4,168.gi5
3,811),454
358.SUI
M<irkel vali1¢ al 31. D¢Leniber
4,?64,J76
4,168,955
Tlie tunds are inve.%ted it) Iiiiil Iriisls mana¥Ted b) tlie cBr c'hiirLh of Engilaild Ii)vestnient Fuiid c1tid are
staled at bid valiie.
FUNDS
(a) ANALYSIS OF NET ASSETS BY FUND
At 31 DeLLlI)b¢r 2024
Unre%tricled
Funils
Rcslrictcd
Fun(Is
F.Jidiiwlli¢nt
Funds
Ti)trfil
Fuiids
Fi.ied Assets
Ciirrenl Assel5:
Debtor5
Cash at bank
Current Liabilities
8.63i,778
?01.908
8,851,271
154.336
1 ?57,453
1 11623.))
154,336
?,O?O,i62
( 116 ?3.5)
763.109
9,9?£3L?
.10,909,93_4
At 31, December 2023
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
Funds
Fixed Assets
Current Assets..
Debtors
C1< sh al bank
Current Liabilities
8,266,163
3?6.275
8,59?,438
180,384
1 ?71,445
74 659}
180.384
1,730,687
74 6)9)
459.?4?
42
21

RICHMOND TEAM NIINISTRY
ST MARY MAGDALENE, ST MATTHIAS AND ST JOHN THE DIVINE
NOTF.S TO THF, ACCOIINTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FUNDS (continued)
(b) RESTRICTED FUNDS
Balance at
1.1.2024
Transfer5
Expenditure between funds
Balance at
31.12.2024
Income
RiLhinond Churcli Charil>' EsiaiLS
RCCE foi. Parish Rooms Project
Si Mary. Ma,,dalene OruLin Fiind
DaliiL2rn(Tr_Robinson (LiL'nifcql I
Dal¥iarno-Robinson (Bo)'s Weltare)
Le¥)ctcies and M¢niorials
481,639
500.000
-537,087
35.127
(17i.2i8)
3j,l?7
324.74?
4.906
{7.8611
209.769
i.718
1.425
10,150
6.0) I
?09.769
308.948
i.979
31i.574
.979
i36
Other sniall doiiiilions and appe¢lls
4jg,?4?
1,009,733
>65,73)
61.777
965,01.7
Balance at
.1.2023
Transfer
Expenditure bef￿'¢ell fuiids
Balance 41
31.12.20?3
Income
RiLliniond CliurLlI Cli<irili, E%lcltLS
.dalLlIL ()rgJilll Fund
Si Mary. M(I,'
D£)ILyarno-R(Ibin%i)n (Geiieral)
D£ilLyarno-Robi1i50n (Bo)'5' Weltare)
LLLK)Lies aiid MLinorials
Si fvlaiiliills ()rbiaii
OtliL'r sniall doncltions and appeals
134,5?0
459,100
103,045
(3S.1?7)
5S.448
7,567
4,906
3,629
7.023
7),8.$9
?,591)
?4?.977
5.26?
31 j,)74
5.97()
4.57,501
.i69,797
53? 9?9
(35,127)
4.$9,?42
{e) ENDOWMF.NT FUNDS
Balance at
.1.2024
Gain(loss) on
Transfers
ini'estillents between funds
Balance al
31.12.2024
Incon)e
Expend<ible Dal(7arno-Robiiison
(General)
Daliiariio-Robin50n l BON'S Welfare)
Leg7(ILies and Memurials
Si Matthias OrgTan
l Oi.464
7Oi.07.S
1.S,?36
?.42.$
4.694
349
(108.3891
(209.769)
15.-58i
3?6 ?7J.
-1,468
(318.,15.8)
15,585
BalAnce at
1.1.2023
GaiJ)l(10ss) on
Transfer5
inve5tment5 between funds
Bal#nre at
31.12.2023
Income
Expendable DalgJamo-Robinson
(General)
D(Il¥arno-Robinsoii (Bo>'s' Welfare}
Leg?Ic Li¢5 and Meniorials
St Maiihid% Oroan
96,852
187,440
13,926
9.112
17,635
1,310
10),964
205,075
29_8,21_8
326 275

RICHMOND TEAM MINISTRY
ST MARY MAGDALENL, s'r MATTHIAS AND ST JOHN THE DIVINE
riOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FUNDS (LolliiDiied)
(d) DESIGNATED FUNDS
Ilal&ince at
.1.20?4
Revaluations
aiid Gains
Balance at
31.12.2024
Income
Eipenditure
Transfers
Fixed assei tund
Fabric fund
7,947,006
7.i6.0?6
40.000
7.987.006
414.406
204.1 Oi
54i.725
8,70i,03?
?04,105
545,72)
-40,000
8,401,41?
Balance at
.2023
Balance at
31.12.2023
Iiievme
Expenditure Revaluations
Transfers
Fixed cqssei tiind
Fabric liind
7,879,006
747.?j4
7).000
7,947.006
7)6.0?6
143.478
134 706
8.619,260
143,478
134,706
7.S,000
8,70i,O)_
(e) UNRF..STRICTF.D FUNDS
BAlance At
1.1.2024
G#in/(loss) on
Tr#n%fers
ini'estnients belween funds
Bulance al
31.12.21124
Income
Expenditure
General fund
94Q,301
4?9,72_3
.186,438
256,381
1,527,9?0
Balance at
1.2023 liicoine
Gain on
TrunsfLr
ini'eslmenls between fuiids
Balance at
31.12.2023
F.xpeiid1t￿re
Cjeneral fund
349,589
376,641
151,590
3.30,444
35,127
9_40,3_0_1
The piirposes of ilie D¢siginated Fiiiids are as follows..
Fixed A.s.set Fund
This represents tlie n0n-end0i￿.Ment properties, listed iTivestnieiiis and tcingFible tixed £1S5ets.
Fabric Fund
Tliis reprLSLllts a fund t.or fabric repairs to the churLhes and iiivestmenl properties.
The piirposes ot" the Restricted and Endoivment Fiinds are as t-olloi¥s'.
Richmon(I Chiirih Charitv Estates
IIiL()ii)e cli%tribLilii)ii% reLeived Iroiii Richiiiond Chiirch Cliaritj. Estales (RCCE) niiist be 41pplied for
religNious piirposcs coniiected ￿'1th Si Mary. Magldaleiie inLludiiig ihe w ork of ilie church. as iwel l as repairs
lo, improveinents of, or additions to the chiirch and its precincts and the mainteiiance of the services
Iherein. RCCE distributed an additional £500,000 to RTM in 2024, once planning perniission had been
received. toivards Ihc cost of ihc t"orthcoming) Po( rish Rooms Project, The transfers in both ?023 and ?024
represent capital SLIMS speiit on Ilie P<lrish R()Iim% redew'eli)pmenl. RCC E rL'qiiested that the ?02) capital
siiiiis %hould be recogynised iii tli¢ Parish Rooiiis project f-uiid aiid so the 2023 capital spend, of £)i,127
Iwas transferred back. to the RCCE É'LlI)d.
23

RICHMOND TEAM MINISTRY
ST IWIARY MAGDALENE, ST MATTHIAS AND ST JOHN THF DIVINE
NOTES TO THE ACCOUNTS
FOR THE I'EAR ENDED 31 DECEMBER 2024
FUNDS (continLied)
Organ Fund
Tlie Org7an Fund represeiits iiiLom¢ geiieraied from fiindraising eN'eiit5 Il'liich is retaiiied for t"utLire
expendiiLire on the orgFan at St Mary Magdalene.
Dalgarno-Robinson Cjeneral Fund
A t.und set up under tlie temis of the Will of HenrN' Dal()arno-Robinson. of iwhich botli the inLome ai)d the
fund ilsel f are lo be applied for the charitable piirposes of the Parisli of Richmoiid for ilie adN'anceinenl of
relicj ion. R¢Lent re4eiirLli has idLiili l led thcil IhLsL liinds clre not restriLtLd or eiidoii'i)ienl tunds. Thc traiiqters
in 10?4 correci ilieir Ii'ealnieiit to sho¥1 Ih¢iii as gJLiieral tuiids.
Dalgarno-Robinson Bovs, Welfare Fund
A fiiiid s¢t lip iiiid¢r Ilie lernis ill. Il)¢ Will of H¢nrN Dc)Igicimo-Rubiiison. ol" Iwl)iLI) bcith tlie incciiiie ai)d the
tlind itbL I l-arL lo bL' t() be appl led tor Il)e hL'iiLfil cit. ho￿.% l￿'L,1 t'<ll'L' in tlie P£1fi%h ol" Ricliin(Iiid. Re¢LiII rL'se1L fLII
lic15 idLI)titied 111111 tIiLsL' fiiiids are iic)t end()i￿nient f'unds. 'fiie IransÉer in ?0?4 LorreLts their Ireoc tnieiit dnd
shoiN s tliem as restricted t"Iiiids.
Lcgacie5 an(1 Memorials
TlirL'L fiiiid% sel up in aLLordcliiie itli deLeased pers()n% ii'ill%. the inLc)In¢ c)f' li liilh t() be ic ppliLd lor
religyious PLifpclSes ()I' IliL Parish ot" RiLhniond. Tlie fiinds are the Calderivood Meinorial, tlie Cooiiibe
Meiiiorial and St Mdlllii125 Legjacies.
St Matthias Organ Fun(1
A t.und sel lip uiidL'r tlie lemis of. thL il l of a delecised pers()n. iLh ilas sold and USL'd to purLhase a neil,
()rgJilli at Si M<lltliiciS. 'I'lIL. b<il<lllLe c)r thL Sale prc)LLeds ivas taken to Ilie restriLted tiiiid ￿￿'h￿re il w i I I be LiSed
for I'liliire expeiiditLire oli the orbpaii.
Other Small Donatiihns and Appeals
"rii is repre%L'llts rLslriLIL'd di)liilti()IiS lii<?de IL)r spLcitlL piirposes. logFeihL'r ivitli dc)11lc ticins made in respoiise
to ali appeal,
DEBTORS
2024
2023
Tax recoverable
Oiher
5.548
148 788
7.437
17*947
1_5403_6
I SQ,i84
10.
CREDITORS
2024
2023
Investment property deposits
Accruals and deterred income
Other
4,655
4,655
46.982
11_&,23_i
24

RICHMOND TEAM M1￿,1STRy
ST MARN" MAGDALENF., £iT MATTHIAS AND ST JOHN THE DIVINE
NOTES TO THF. ACC.OIINTS
FOR THE YEAR ENI)ED 31 DECE.MBER 2Q24
RELATED PARTY TRANSACTIONS
Duriiio the vear £965.100 (?02J'. £4i9,100) li as rLCe1￿ed as a clistribiiti()n froni R ichinond ChLifLI) C h<2riti
Eslaies. tli'ci of ii'hL)se Iriibtees are als1) PC'C nieiiibLrs. Diiringj the )'ear RCCF. pr()K'ided aceoiiimc)dic tion to
RTM i allied at £30.000 (20?3.. L I 0,000). free of ch<lfL)e. At il)e N'ear tnd, £nil oN%ed b). Riclimond
ChiirLI) C'harit} Eslates (20?3.. £nil).
Diiriiig the veclr. gyr<lllts ot" £375 and £175 iierL Inade lo Rdiiiboii Fiind t-or SoLltlI AfriLa and Richinond
Street Pastors r¢speLtivelv. PCC members Martin Brecknell and Riith Martin are Loinmi)11 trust¢es.
The l)L'C are considered i() be k'¢). maii¢l(IL'mLiit personiiel of the cliarity. alonii ii'ith the clerLJI'. and as siich
are considL'I-ed to be relatLd parties. -l-IIL' PCC, nieiiibers are iiot remiiiiercile(l. Lxcept f()r R¢i'd Joe Moc)re
.hose stipei)d of £40.805 for sernices this Near {?0?3: £17.8?6). 11.IS P<iid bl. tlie PCC. Revd Aline
Crai¥ r()rcl ¢2iid Re￿d C'h<lrli)Ile M iddl¢l()n li ere proN'ided ill) li()Iising7 bj. Ilie PCC. A t()tal c)fr' £_3.7.3 i (?0?3'.
£3.-144) lic25 rLiii)biirs¢d i() I i?0?3: 7} PC'C Ineiiibcrs for trc1Nel <11id c)tlier expeiiditiirL il)ciii-red I￿17{1[11..
eKclii%i¥'eli' aiid i)eLes%ari ly. in tli¢ Loufs¢ ol"LliurLli operalic)iis. £nil (?0? •
£iii l) paid to tliird Pic rties oli
beliill t" of. 1¢ 11) PL'C, iiieiiiber%.
12. OPF.RATING LEASF. COMMITMENTS
The toltil fiitiire ni i51imiim lease paj iyients uiider iion-LaiiLellable operalingi le1( ses are as foll()IVS:
2024
2023
Within orie ￿'ear
AIILr on¢ yLiir, biit iviiliiii five )'ears
1.958
1,9$8
3,644
S,60?
lThe OPLfiiling, leasL cliiingTres for the yl'ar were..
Hire ol- Plciiil and MclLI)inLry'
979
STATF.MENT OF C.OUNCIL MF,MBF.RS' RESPC)NSIIIILITIES
"rhe Coiiiici I mLnibers il re respiinsihle tor prcparii)gy ihe anniial rep(Irl cind ihc, liii1111Lll11 stateiiienls iii a¢Lord1¢ nce
Il'ith applicable laN%' arid Uniled Kiiig,d()m Accoiiiitiiig Siaiidards (Lliiited K ingidoni Geii¢r<qllN ALLepted
Accoiintingv Practice).
Ch<1ritN'11c ii. reqiiires tliilt the CounL i I niLiiibers ii)iist not apprc)ve finaiiLi111 %tateiiienls iiii less tli¢) are S<21isfitd that
the!. gii.'e a triie ¢iiid tair N'ieiv of tlie sti11e ot" Élttc1irs of. Ihe Lliarit}' cind ot. tli¢ illCOTn incl r¢soiirLes and <ippI iLati()11
ot. rLsourLes of the cl)arit). for the N'e42r. Iii prepciring those fiiiaiicial slalLmeii15 Ihe C()IiiiLi I meinb¢rs are reqiiii'ed
to..
select siiitable accountiiig policies and then appl), them consistently:
observe the methods and prinLiples in the Charities SORP:
m<?ke j iiilbFemeiitS iiiid dcLounlin(y estimates that are reasonable and priideiil:
prepare Ilie financ i<il stal¢meiils c)n tlie bloingy L()ncerii basis iinless il is iiiappropriate to presiime thal the
MiA)istry' Iwill conlinue in operation.
The Council members are responsible for kceping accounting records that are sU￿1c]ent to sliow and explain the
Ministrn. s transaclions and disclose iwith reic %Oll<ible acciirac). at ani. tinie the financial position of the Coiincil
and enable tli¢ni lo ensure tlial tlie finaiiLial stateiiients LomplN' w.iih the ChurLI) Accoliiilincy
Re(yiilal ions ?006
and Ihe ChariliLs Act ?0 I l and the reuiilatioiis made thereiinder. TheN' are also responsible for Sc?feLiiiardin<J the
assets of the CoLlllC il and hLnce for takingT redsonabl¢ step5 for the prei'entioii and detection (if traud aiid oilier
irregyularities.
25