Charity Number No. 1130772
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE MOST HOLY AND
UNDIVIDED TRINITY, HULL
ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Fawley Judge & Easton
Charte￿d Certified Accountants
1 Parliament Street
Hull
East Yorkshire
HU12AS

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
LEGAL AND ADMINISTRATIVE INFORMATION
Members of the Council
Revd I Wilson
Mr 5 McGaw
Mrs J Fenwick
Mr R Alden
Mrs V Fotherby
Mrj Major
Dr R Miller
Revd Canon Dr D Black
Revd R Suekarran
Revd I Walker
Mrs S Newton
Dr C Fear
Mrs K Ogilvie
Mrs K Goforth
Mr R Carlisle
Mr A Dean
Miss E Hardy
Mr J Powers
Mr B Evans
{appointed 19 May 2024)
(appointed 19 May 2024)
(appointed 19 May 2024)
(appointed 19 May 2024)
(appointed 19 May 20241
(appointed 19 May 2024)
(appointed l November 2024)
Charity number
1130772
Auditor
Fawley Judge & Easton
Chartered Certified Accountants
I Parliament Street
Hull
East Yorkshire
HUI 2AS

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
CONTENTS
Pag8
Council Memb8rs' report
Audito￿5 report
9-11
Stat8m8nt of flnancl81 activitles
12-13
Balance sheet
14
Statement of Cash flows
15
Notes to the financial statements
16- 31

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS, REPORT
FOR THE YEAR ENDED 310ECEMBER 2024
The M8mb8rs of the Council present their report and accounts for the year ended 31 December 2024.
Th8 accounts have been prepared in accordance with the accounting policies set out in note 2 lo the accounts
and comply with the charity's governing document, the Charities Act 2011 and the Statement of
Recommended Practice, 'Accounting and Reporting by Charities" issued in March 2005.
Objectives and activitie$
Th8 Parochial Church Council (PCC) of the Most Holy and Undivided Trinity, Kingslon upon Hull has the
responsibility to co-operate with the incumbent, the R8ver8nd Canon Dr Dominic Black, 'in promoting in the
parish the whole ministry of the Church, pastoral, evangelistic, social and ecumenical,
The objed of the PCC is the promotion of the gospel of our Lord J8sus Christ according to the doctrines
and practices of the Church of England.
Hull Minster is to be a loving, seNing Christian presence at th8 heart of Hull, aiming lo grow in numbers,
spirilual deplh, and capacity to serve and bless the city through.. -
Prayer and Dlscipleship- Enabling the 8xploration of th8 Christian faith and deap8ning relationships with
God and one another.
Servlng and Influ8ncing= Being a distinctly Christian presence in the city, with all activities 5tomming from
our identity as a worshipping community seeking to become more like Jesus.
Llvlng Herltage.. Ensuring the beautiful and iconic church building is used and enjoy8d by many
generations to com8.
A¢hiev6ments and performance
2024 was a year of significant change and people moving on from Hull Minst8r. Despite all th8 changes the
Minster has continued to faithfully pray and worship God and serv8 the people of the city of Hull. We give
thanks for every person who plays their part in the life of Hull Minster too numerous to mention by name, but
all that 15 given and shared is much app￿cIated.
In May we said goodbye to Alasdair Hutson, who had been Director of Operations since 2018, and had
overseen the day-to4ay phase 3 r8dev81opment project including the building of the Trinity Room. We are
especially grat8fL51 to Alasdair for working through the pain of making most of the staff redundant during the
Covid pandemic and operating with a skeleton staff for the last few years which has often meant very long
hours at busy pariods. We also said goodbye in June to Tony Boynlon as Finance Conlroller and Graham
Kay as Facilities Manager. Bolh worked hard to ensure Hull Minster's finances and facilities were compliant
and in good order, work that has been picked up and continued by the new staff team. Very sadly Jane Owen,
our Heritaga Project Manager, who had worked at the Minster in various roles over several years was forced
to retire due to ill health. Jane has been a tremendous asset to the Minster not least in leading the HLF
Revival Back to Life project. Thankfully Jane left th8 project in good shape and most of tha final elements of
the project were able to bo compleled.
[1]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and performance Icontinued)
The Reverend Louise White finished her Guracy here in Augustand found a parish with her husband in Davon.
The Reverend Irene Wilson compleled her timp as a licensed Associate Vicar in November but will continue
to serv8 in a more part time basis with tho bishop's Permission to Officiate (PTOI. We thank Irene for her
many y6ars of service to the Minster and especially her pastoral role.
After several dedicated years of service through the vacancy, redevelopm8nt proj8Ct and Covid pandemic
lain Ogilvie and Robin Alden stood down as Churchwardens at the annual meeting. We are very grateful for
their hard work and dedication through such challenging times.
June saw the chang8 to a new staffing structure as we continue to rebuild following the Covid pandemic and
2020 redundancies. Becky Howes began as Parish Administrator., Julie Wilson took over from Tony as
Finance Controllar and Lucy Meer as Commercial and Events Manager. With fresh eyes and more capacity,
the new office team made axc8llent progress in improving our efficiency and compliance. Unfortunately, we
had several s81backs in recruiting a new facilities manager so didn't manag8 lo complete the team in 2024.
David Elgey has worked hard on a part-lime basis as caretaker, and we thank him for his work in keeping the
Minster in good order.
Hull Minster has hosted a wide range of significant 8V8nts throughout the year. These Included hosting a
Ramadam Iftar m8al with th8 Dialogue Society, responding to the news of the L8gacy Independent Funeral
Home scandal and hosting a General Election husting for the Hull West and Haltemprice Constituency. As
part of Freedom Festival August we hosted the spectacular p8rformance of Eternity by the Adelaid8
Australia based group Circa. We were delighted in Octob8r to host the Hull Eco Fair in association with
Friends of the Earth.
We hosted several cultural events includirsg the Elements light show by Luxmuralis, and the highly popular
Candlelit Concerts. Thg Bear Festival was again a great success. There was a fine series of Vox Trinitas
Saturday Music concarts organis8d by Ben Newton and Rachel Miller, we thank Ihem for their vision and
hard work lo bring a wide range of musical performances into the Minster. In October we again hosted the
HANA international fashion show and in Nov8mb8r held our first Silent Disco. Decemb8r was particularly
packed with concerts and events including the Lord Mayor's Christmas Tree F8Stival, banquets, concerts
and fairs, as well as the Advent and Christmas services.
Worship and Teaching
The regular patt8rn of 9.30am Breakfast Church and 11aM Holy Communion Sunday morning services are
well established. We have welcomed Girls Brigade at 9.30am where they hav8 grown in maturity and
confidence in reading and leading prayers. The 11am service saw growth through the continued strength of
the choir as choristers join and bring their families. The choir continues to go from strength to Strength thanks
lo the dedication of Mark Keith and his team. A particular highlight was the choir visit in September to Lincoln
Cathedral to sing Choral Even50ng.
In January the Reverend Louise White developed a new Church@6 evening service beginning with the Lectio
coursa. This ran until July but did not attract new members and when w8 knew Louise was moving on this
came to a natural end. From September we decided to stop the Saturday services and move the pattern of
Evensong inlerspersed with Taizé and Cellic Evening Prayer to Sundays at 3.30pm. As part of this change,
we also decided to move the Saturday singing school ta Sunday.
[21

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievoments and perforniance {continued)
During the year we ran three Alpha Courses, Living in Love and Faith, the Prayer Course, the Bible Course,
the Lectio Course, A Pilgrim Course on the Cre8ds and the Difference Course. Alongside this the weekly
Zoom Bib18 Study continued, wilh Ihanks to Val and team for hosting online teaching session. A Christian
meditation group met each Wednesday afternoon in the Broadley Chapel. The Hull and District Theological
Society met monthly except August and December including two Saturday Public lectures: 'Picturing
Judgemenl, by the Revd Dr Janet Williams, Wice Principal of St Hild Theological Collega and in October the
Revd Dr Dorothea H. Bertschmann on St Paul and suffering. At the beginnlng of November, we were
delight8d lo host our first three-day Godly Play Core formation course.
Significant civic services included the 50th Anniversary of the of the Gaul trawler, the Hull NHS Hospitals
Covid Memorial Service. the South America Medal Associatlon servic8, and 8 200th Anniversary animal
blessing service for the RSPCA.
Deanery Synod
Three members of th8 PCC in additlon to the licenced clergy sit on the deanery synod. Hull Deanery Synod
met in January, April, July and September. Matters discussed included the Deanery Plan and the Heart for
Hull Initiativ8, Prison Chaplaincy and the impact of th8 Mustard Seed programme.
Fabric Report
After many years of major capital projects 2024 was a quiet year for the Fabric committee. Significant
changes include the completion of storage cupboards and bins in the nave, a new naveAltarand chalicas
introduced from the Diocesan Store and the uplighters in the Chancel replaced with LED spots. With the
recommendation of our insurers a roof alam by SS systems was fitted to the lower south side roofs in
October. The Quinquennial inspection was und&rtaken but the report was not received by the year end.
Pastoral Care
Hull Minster has provided crucial pastoral support, ensuring the church remains open six days a week for all.
Their weekly newsletter, 'Lifeline," conlinues to reach peopl8. 8specially those who receive it through the
post. One recipient shared how much the newsletter feels like 'a smile and a hug from friends," underscoring
the importance of connection. The Welcome Café, which has flourished, with ovar 70 regular attendees,
offers a space for fellowship with a mix of activities like cake, drinks, crafts, and prayer, bringing together
people from various community groups.
The Grief Café has also proven to be an 8SS8ntial space for individuals to com8 togother, talk, and support
one another in a safe environment. Craig and his Care dog, Milly, have become an integral part of the group,
providing wmfort and an exc&118nt ice-breaker for attendees.
One-ttrone support remains at the heart of Hull Minsterfs pastoral work, offering personal care and ensuring
that each individual is treated with kindness. non-judgment, and love.
Volunt88rs
Hull Minsterfs volunt8er team has grown significantly. In 2024. Hull Minster recruited 31 now volunteers,
bringing the total to 106. New roles have been created to involve volunteers in different aspects of Church
life, such as event planning, kitchen preparation, and supporting those with learning disabilities. Training has
been offered, including sessions on Autism Spectrum Disorder (ASD), heritage tours, and handling historical
artefacts.
Celebrations for volunteers, including trips to York and Bev9rley Minsters and planned visiis for 2025. provide
much-needed appreciation for their hard work.

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achiévements and parformance {contlnued)
Children, Young People, and Families
Junior Church
The Junior Church has b8en a key part of Hull Minstar's outreach to youngargenerations. The primary group,
which includes young choristers, has engaged in a variety of faith-bas8d educational activities, from learning
about tha Church year to understanding key biblical stories. Tha sessions involve interactive sto￿e111ng, arts,
crafts, and hymns, which help the children connect with the faith in a meaningful way. Par8nts have played
an essential role in supporting this ministry, 8nsuring the young ones, continued growth.
Choir and Choral Hull
The Choral Hull prograrnm8 expanded In September from 7 to 10 local primary schools working wlth over
1000 y8ar 415 children each week in curriculum time. There were a number of school workshops including
the spectacular Gabrieli Roar performance in December. Other significant events included a r8cording for
the Cily Holocaust Memorial comm8moralion and singing from the tower roof on Mayday. Th8 number of
Choristers continued to grow throughout the year oflen bringing their families into the church.
1 st Hull Girls, Brigade
The 1 st Hull Girls, Brigade has also had an exciting y8ar, combinin9 fun activities Ilke trampoline park visits
with educational and faith-building project5. The girls participated in a first-aid cours8 and engaged in badge
work, such as learning knitting and crochel, which culminated in decorating a tree for the Lord Mayor's
Christmas Tree Festival. The group has also developed a sense ofcomrnunity by meeting oth8r Girls, Brigade
members at events like bowling, reflecting tha importance of building friendships alongside faith.
The girls focused on lov8 as part of their badge work, reflacting on biblical stories and God's unconditional
love, and even mad8 clay bowls to give to friends in a Valentine's-themed activity. Th6 group continues to
grow, with naw volunteers joining and supporting the girls in their joumey.
Finan¢lal revlew
The PCC mada good progress in improving financial controls, implam8nting full cost recovery and increasing
efficiencies during the year. Work began on consolidating and unlocking dormant bank accounls, with som8
success, work which will continu8 in 2025. Giving for the Gospel ran forfourweeks during Lent, with a modest
increase in planned giving which continued to grow through the year. Trinity Trading finished the year in profit,
with a significant increas8 from 2023. Tha PCC finished the year in surplus mainly due to a 9enerous18gacy
of £223k from th8 oslate of Margarel Tye.
The PCC contributed £30k towards the Dlocesan Fund. This is substantially lower than th8 shared cost of
Ministry for Iwo stipendiary posts even when the low-income funding has been applied due to the relative
deprivation of the parish.
The PCC budget responsibly and 8xp8cI the going concem basis for the church has been met.
[4]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
It is the policy of the PCC to try to maintain a balance of free reserv8s (not current assets) which 8quate5 to
at least three months of unre51ricted payments.
The PCC have assessed the major risks to the charity. There a￿ still long-term challenges in maintaining
financial suslainability, but th8 PCC is a going concern. The PCC has complied with the duty under section
5 of the Clergy Discipline M8asure 2016 (duty lo have regard to the House of Bishop's guidance on
Safeguarding children and vulnerable adults).
Struclure, governance and management
Th8 Parish of the Most Holy and Undivided Trinity, Kingston Upon Hull, in the Deanery of Hull and
Archdeaconry of the East Riding is part of the Diocese of York under the leadership of our Bishops, the
Archbishop of York, The Most Rev8r8nd and Right Honorab16 Stephen Cottr811 and The Right Reverend Dr
Eleanor Sanderson, Suffragan Bishop of Hull. The Diocese of York is the archdioc8se of the northern province
of the Church of England. The Church of England is a reformed Catholic Church, the historical mother church
of the worldwide Anglican Communion of around eighty-five million Christians.
The Parochial Church Council (PCCJ is a registered charity {number 1130772). The charity was established
as a registered charity on 28th July 2009.
The function of the PCC as defined by The Parochial Church Councils {Powersl Measure 1956. as amended,
is to co-operate with the Minister, the Revd Canon Dr Dominic Black, 'in pmmoling in the parish the whole
ministry of th8 Church, pastoral, evangelistic, social and 8cumenical'. Th8 PCC is govemed by The Church
Representation Rules (contained in Schedule 3 to the Synodical Govemment Measure 1969 as amended).
The Incumbent must convene the PCC at least four times a y8ar and no business shall b8 transacted unless
at least one Ihird of the membèrs are present.
While the geographlcal parish has a small residential population, our congregation is a gathered community
from acros5 the Kingston-Upon-Hull city region.
The financial statements and annual report have been prepar8d in accordance with th8..
The Charities Acl 2011
Charities {Accounts and Reports) Regulations 2008
Statement of Recommended Practic8 on Accounting and Reporting by Charilies SORP 2015 (FRS 102)
The PCCS (Powers) Measure 1956
The Church Representation Rules 2025
The Church Accountin9 Regulations 2006
15]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Memb6rs of the Council who served during the year and up to the date of signatur8 of th8 financial ststements
were..
Revd I Wilson
Mr S McGaw
Mr C F8nwick
Mrs J Fenwick
Mr R Alden
Mr l Ogilvia
Mrs V Fotherby
Mrs K Ogilvie
Mr J Major
Dr R Mi118r
Revd Canon Dr O Black
Revd R Suekarren
Dr C Fear
Mrs R Barques
Revd I Walker
Miss J Harpham
Mrs S Newion
Revd L White
Mrs K Goforth
Mr R Cartisle
Mr A Dean
Miss E Hardv
Mr J Powers
Mr C Reaney
Mr B Evans
Mrs L Reanev
(Resigned 19 May 20241
(Resigned 19 May 20241
(Appointed 19 May 20241
(Resigned 19 May 20241
(Resigned 19 May 20241
(Resigned 25 Au9USt 20241
(Appointed 19 May 20241
(Appointed 19 May 20241
{Appointed 19 May 20241
(Appointed 19 May 20241
(Appointed 19 May 2024}
(Appointed 1 November 2024, r8signed 28 February 2025)
(Appointed 1 November 20241
(Appointed 1 November 2024, resigned 28 February 2025)
The method of election of PCC members 18 set out In the Church Representation Ruses. All Church attendees
are encouraged to register on tha Electoral Roll and stand for election to the PCC.
The PCC has responsibility for the maintenance of the Minster Church ofthe Holy Trinity, Kingston-upon-Hull
and properties owned by the PCC.
The PCC is supported in this work through the Holy Trinity (Hull} Development Trust (Registered Charity
1156642) in raising funds for major projects and offering occasional development support and expertise.
Holy Trinity Development Ltd (Registered Company 087681491 is tha deSivery company for major capitsl
projects. The PCC is the sole shareholder.
The PCC is tha appointing body for the directors of Holy Trinity Trading Ltd (Register8d Company 10386658}.
Holy Trinity Trading conducts the majority of the commercial activities of the Minster including a café, shop,
and the hire of the facilities.
[6]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
COUNCIL MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Parochial Church Council is a corporate body 8Stablished by the Church of England. The PCC operates
under the Parochial Church Council Powers Measure. The PCC is a Registered Charity. The method of
appointment is set out in the Church Representation Rules. The PCC is responsible for making decisions on
all matters ofgeneral concern and importance to the parish, including on deciding how the funds of the parish
are to be spenl. The full PCC met six times during th8 year. The PCC has a number of sub-committees
including Fabric, Finance and Fundraising, People and Communication, Safeguarding and Children and
Youth, Worship and Mission and Evangelism. All are responsible to the PCC and report back to it regularly,
minutas of their decisions being received by the full PCC and discussed as necessary.
PCC members who served at anytime during the financial year 1st January 2024 until the date this report
was approved are:
Incumbent Th8 Reverend Canon Dr Dominic 81ack
Licenced Clergy
The Revergnd Rob Suekarr8n - Associate Vicar
The Rev8rand Ir8ne Wilson Associale Vicar (Until 14th November 2024)
The Rev8rgnd Louise While ~ Assistant Curate (Unts'l 25th August 2024)
The Rever8nd lan Walker- Han Assistant Curale
Churchwardens
Until APCM 2024- Mr lain Ogilvie, Mr Robin Alden
From APCM 2024- Mrs Kate Goforth, Mr Robert Carlis18
Hull Daanery Synod Members
Mrs Jean Fenwick, Dr Chris F8ar, Mrs Llsa Reaney {Nov8mber 2024 until February 2025)
PCC Mombers
E18cled until APCM 2025- Mr Robin Alden, Mrs Sarah Newton, Mr Sam McGaw, Miss Ellie Hardy
El8cled until 2026- Dr Rachel Miller, Mrs Val Fotherby, Mr Jon Major, Mr Connor Reaney (From
November 2024 until Fgbwary 2025)
Elected until 2027- Mr Alastair Dean, Mr Jeremiah Powers, Mrs Katie Ogilvie, Mr Brad Evans (from
November 20241
Elected until APCM 2024- Miss Jill Harpham, Mr Chris Fenwick, Mrs Caroline Blair.
Thec
Members, report was approved by the Board of Members of The Council.
anon Dr D Black
Chair of th8 Parochial Church Coun￿1
29 April 2025
[7]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
STATEMENT OF COUNCIL MEMBERS, RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Members of the Council are responsible for preparing th8 Council Mambers. Report and th6 financial
statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
G8n8rally Accepted Accounting Practice).
The law applicabl6 to charitiès in England and Wal8s r8quires the Members of the Council to prepare financial
statements for each financial y8ar which give a true and fair view of thé stat6 of affairs of the charity and of the
incoming resources and application of resourc8s of th8 charity for that year.
In preparing these financial ststem9nts, the Mèmbers of th8 Council are required to:
se18Ct sultsb18 accounting policies and th8n apply them consistently.,
obsérve the methods and princlplas In th8 Charities SORP.,
- make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subjacl lo any material departuos disclosed
and explained in the financial statements- and
prepar8 th& financial statem8nts on the going concem basis Lsnless it is inappropriate to pr88ume that the charity
will continue in operation.
The Members of the Council are rasponsible for keeping sufficient accounting records that disclose with reasonable
accuracy at any time the financial position of Ihe charity and enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Report81 Regulations 2008 and the provisions of
the trust d8ed. They are also responsib18 for safeguarding the assets of the charity and hence for taking reasonablo
steps for the prevention and deleclion of fraud and other irregularities.
[8]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE COUNCIL OF PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
Opinion
We hav8 audited the financial statements of Parochial Church Counci5 of the Eccl85iastical Parish of the Most Holy
and Undivided Trinity, Hull lthe 'charity'l for the year ended 31 December 2024 which comprise the statement of
financial activities, th8 balance sheet, the ststement of cash flows and the notes to the financial statements,
including a summary of significant accounting policies. The financial r8POrting framgwork that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including Financial R8POrting
Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom
Generally Acc8Pted Accounting Practice).
In our opinion, the financial statements:
give a tru8 and fair view of the stsle of the charity's affairs as at 31 Decemb8r 2024 and of its incoming
resources and application of r8sourc8s, for the year than ended.,
have b88n properly prepared in accordance wlth Unlt8d Kingdom Generally Accepted Accounting
Practice,. and
have been prèpared in accordance with the r8quir8menls of the Charities Act 2011.
8asls for opinlon
We conducted our audit in accordance with Intemalional Standards on Auditing {UKI (ISAS (UKI) and applicable
law. Our responsibilities under thos8 Standards are further described in the Auditorfs responsibilitlas for the audit
of the financial slalemenls section of our report. W8 are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial slatement5 in the UK, including the FRC'S Ethical
Standard. and we have fulfilled our other ethical regponsibililies in accordance with these r8quir6ments. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
We were unable to satisfy ourselves by alternative means conceming the assets and liabilities of the opening
balances as at 1st January 2024 due lo the 2023 Financial statements not being audited. Since the assets and
liabilitses enter into the det8rminalion of the financAal performance and cash flows, we are unab18 lo determine
whelh8r adjustments might have be8n n8¢essary in the resp8cI of the Sofa reported in reporting th8 Position this
year.
Conclusions relatlng to going concern
In auditing the financial statements, w8 have concluded Ihat th8 Council Members, use of the going concern ba8lS
of accounting in the preparation of the financial statements is appropriale.
Based on the work we have perfomed, we have not identified any malerial uncertainties relating to 8vents or
conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least Iwelve months from when the financial statements are authorise(I for issue.
Our responsibilities and the responsibilities of the Members of the Council with respect to going concem are
described in the relevant sections of this report.
[91

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE COUNCIL OF PAROCHIAL CHURCH COUNCIL OFTHE
ECCLESIASTICAL PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
Other information
The other information comprises the inforniation included in the annual report other than th8 financial ststements
and our auditor's report thereon. The Members of the Council are responsible for the other information contained
within the annual report. Our opinion on the financial stalements does not COV8r the other information and we do
not express any form of assurance conclusion Ihereon. Our responsibility is to raad the other information and. in
doing so, consider whether the other information is materially inconsistent with the financial st8t8m8nts or our
knowledge obtained in the cours8 of the audit, or otherwise app8ars to be maleria51y rnisstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to det8miine whether this giv8s rise
to a material misstatement in the financial stslements Ihemselves. If, based on th8 work we have performed, we
conclude that there is a material misstatement of this other inforniation, w8 are required to report that fact.
We have nothing to report in this regard.
Matters on which we ara requirod to report by excoption
We hav8 nothing lo report in resp8Ct of the following matters in relation to whlch the Charities (Accounts and
Reports) R8gulations 2008 require us lo report lo you if, In our oplnlon..
the infomiation given in the financial statements is in¢onsist8nt In any materi81 r8sp8Ct with the Council
Members, report., or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records.. or
we hav8 not raceived all the information and explanations we require for our audit.
Responsibilities of Members of tho Council
As explained more fully in the statement of Council Members, responslbllities, the Memb8rs of th8 Council are
responsible for the preparation of the financial statements and for being satisfied that they give a Irue and fair vl8W,
8nd for such internal control as the Memb8rs of the Council determine is n8c8s3ary to enable Ihe pr8paralion of
financial slatem8nts that ar8 fr88 from material misstatement, whether due to fraud or error. In preparing the
financial stalem6nl8, the Membefs of the Council are responsible for assessing the charity's ability to ¢ontinu8 as
going concem, éisdosing, as applicable, matters related to going concern and using th8 going concern basis of
accounting unless the Members of the Council either intend to cease operations, or have no realistic alternative
bul to do so.
Auditor's responslblllties for the audit of the flnancial staternents
We have been appoinled as auditor under section 144 of the Charities Act 20118nd report in accordance with the
Act and relevant regulations mad8 or having effect the￿under.
Our objectives are to obtain reasonabla asgurance about whether the financial statements as a whole are free from
material fflisstat8m8nt, whether due to fraud or error, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate, they could r8asonably be expected to influence
the economic decisions of users taken on the basis of these financial ststemenl8.
The extent to which our procedures are capable of detecting irr8gularities, including fraud, is detailed below.
A further descnption of our responsibilities is available on the Financia5 R8POrting Council's website at=
https-.l/www.frc.org.ukJauditorsresponsibilitie5. This d&scription fomis part of our auditor'5 report.
[10]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE COUNCIL OF PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
Other matters
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting
and Reporting by Charities: Statement of Recommended Practice applicab16 to charities preparing th8ir accounts
in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as
amended) in preference to the Accounting and Reporting by Charities= Statement of Recommended Practice issued
on 1 April 2005 which is referred to in the extant r8gulations but has now been wilhdrawn.
This has been done in ord8r for the financial statements to provide a true and fair view in accordance with current
Generalty Accepted Accounting Practlce.
This report is made solely to the company's members, as a body, in accordance with section 391 of lh6 Companies
Act 2014. Our audit work has been undértaken so that we might slate to th6 company's members those matters
we ar8 required to stat8 to them In an auditorfs report and for no other purpos8. To the fullest extent permltted by
law. we do not accept or assume responsibility to anyone other than the company and the company's members as
body, for o
r audit work. for this r8POrt, or for the opinions we have form8d.
at
Leathlèy FCCA
awley Judge & Easf6n
Chartered CèrtSfled Accountants
Statutory Audilor
1 Parliament Street
Hull
East Yorkshlr8
HU12AS
29 April 2025
Fawley Judge & Easton is eliglble for 8ppointment as auditor of th8 charity by virtue of its 81igibility for appolntment
as auditor of a company under section 1212 of the Cornpanies Act 2006.
[111

LC r <7)
￿LD
Ln ￿ u)
144
eo (D ￿ r#)
¢ (C*

TJ

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
BALANCE SHEET
ASA T31 DECEMBER 2024
The Group
2024
2023
Tha Charity
2024
2023
Fixed assats
Tangible
Investments
13
14
239,157 259,013
59,642
59,025
298,799 318.038
195.525
284,551
480 076
202,325
278,861
481 186
Current assets
Stock
Debtors
Cash at bank and in hand
6,981
8,771
42.240
52,169
480,316 482,844
16
18,182
431,328
31,422
456,220
529,537 543,784
449,510
487,642
Creditors. amounts falling due in one year 17
311,345 501,036
273,492
448,728
Total assets less current liabilities
516 991
360,786
656 094
520,100
Capital funds
Endowment
Income funds
Restrictèd
Unr8Stricted - G8n8ral
Total funds and reserves
3,066
9,167
3,066
9,167
271.649 265,908
242 276
85,711
516,991 360,786
271,649
381,379
656,094
265,908
245,025
520,100
The trustees have prepared group accounts in acLordance with section 398 of the Companies Act 2006
and section 138 of th8 Charitl8s Act 2011. Thesa accounts are prepared in accordance with the special
provisions of Part 15 of the Compani95 Act r91aling to small Gompanies and constitute the annual accounts
required by the Companias AGt 2006 and are for Circulation to m8mbers of th8 Company.
The notes at page5 15 to 31 form part of these accounts
Signed
Revd Canon Dr D Black, on behalf of the trustees
Approved by the trustees on 29 April 2025
1141

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash flows from operating actlvltles
Cash (ab50rbed byygenerated
from operations
23
(4,483)
103,374
Inv8Stlng activities
Purchase of assets
Increase in value of investment In
subsidiary
Interest received
{1,661}
(2,662)
{5,069}
8,685
9,929
Net cash generated from Investing
actlvitles
1,955
7,267
Net cash ugad in flnanclng activitie8
Net Idecraasellincrease in cash and cash
equivalents
(2,5281
110,641
Cash and cash equivalents at beginning of year
482,844
372,203
Cash and cash equivalents at end of year
480,316
482,844
[151

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Critical accountlng estimates and judgèments
In th8 application of the charily's accounting policies, the Members of the Councll are requirad to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not
r8adily apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are r818vant. Actual results may diff8r from th8se estimates.
The 69timat8s and und8rlying assumptions are revi8W8d on an ongoing basis. R8visions to accounting
estimates are recogni5ed in the period in which the estimate is revis8d where the revision affecls only that
period. or in th6 period of the revision and future Pertods where the revision affects both current and future
periods.
Accounting policies
Chartty information
Parochial Church Council of the Ecclesiastical Parish of the Most Holy and Undivided Trintty. Hull is
regislered charity with the Charity Commi55ion8rs no. 1130772.
Accounting convention
The 8ccounls have been prepared in accordanc8 with the charity's constitution, the Charities Acl 2011
and"Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ir8land IFRS 1021" 18s amended for accounting periods comrnencing from 1 Jarbuary 2016).
The charity is a Public 8enefil Entity as defined by FRS 102.
The financial 8tat8m8nt5 have departed from the Charities (Accounts and Reports) Regulations 2008 only
to the extent required lo provide a true and fair view. This departure has involved following the Statement
of Recommended Pr8CtiC8 for charit168 applying FRS 102 rather than the v8rsion of the Statement of
Recommended Pra¢ti¢e which is r8ferr8d lo In th8 regulation's, but which has slnc8 been withdrawn.
The financial slat8m8nts are prepared in sleding, which 18 the functional curr8ncy of the charity. Monetary
amounts in these financial statemenls are rounded to th8 n88rest £.
Th8 financial statements have been prepared under the historical cost ccnvention. Imodified to include
the revaluation of frgehold properties and to include investment properties and certain financial
Instrument5 81 fair valu81. Th8 principal accounting policies adopted are set out below.
Going concern
At the lime of approving the financial ststements, the Members of the Council have a ￿asonable
expectation that the charity has adequate resources to wntinu8 in operational existence for the
foreseeable future. Thus, the Members of the Council continue to adopt the going concern basis of
accounting in preparing the financial statgments.
{161

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Charitable funds
Unrestricted funds are available for use at th8 discretion of the M8fflber5 of the Council in furtherance of
their charitable objeGtiV85.
Restricted funds are subjecl to sp8crfic conditions by donors as to how thgy may b8 used. The purposes
and usès of the restricted funds ar8 sel out in th& notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the
charity.
Incoming rosource3
Income is recogni58d when the charfty is legally enlitled to it aft8r any parformance conditions have been
mel, the amounts can be measured reliably, and it is probable that incom8 will b8 rec8ived.
Cash donations are r8COgnis8d on receipt. Oth8r donations are recognised once Ihe charity has be8n
notified of the donation, unléss performance conditions require deferral of the amount. Income tax
r8covarable in relation to donations received under Gift Aid or deeds of covenant is recognis8d at the lim8
of the donation.
Legaci8s are recognised on receipt or otherwise rf the charity has b88n notified of an impending
distribution, the amount is known, and receipt is exp8Cted. If the amount is not known, the legacy is treated
as a contingent asset.
Ro8ourc8s 8xpended
Expendituffj is recogni88d once there is a legal or constructive obligation to transf8r economic benefit to
a third party, it is probable that a transfer of economi¢ benefits will be required in sett18ment, and the
amount of th8 obligation can be measured reliably.
Exp8nditur8 is classified by activity. The costs of each activity are madg up of the total of direct Costs and
shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a
single activity are 8ISocaled directly lo that activity. Shared costs which contribute lo rnore than one 8Ctivily
and support costs which are not attributable to a single acts'vily are apportioned be￿een those activities
on a basis consistent with the use of rgsources. Central stsff costs are allocated based on lime spent, and
depreciation charges ar8 allocated on the portion of the asset's use.
Expenditure on raising funds
These are the costs which are associated with generating incoming resources from all sources oth8r than
from undertaking charitable activities. The main components of costs within this category are..
costs of generating donations and legacies
costs of fundraising trading, including cost of goods sold and other associated costs
costs of managing inveslmenls, both lo generate income and to maintain the value of capital {including
investment rnanagement fe8s}
any other expenditure on raising funds. Expenditure on raising funds should not include costs associated
with delivering or supporting the provision of goods and services in the furtherance of the charity's objects-
nor the costs of ne9Qtiating the terms of a contract or performance-related grant relating lo the provision
of such s8rvices. Fundraising costs should not be n8lted off against income. Where a branch or a
subsidiary company is used to undertakg some of the charity's fundraising activities, the costs of those
activities would have to be included under expenditure on raising funds in the consolidated SOFA.
1171

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policios
Expenditure on charitable activities
This heading covers all expenditure directly relating to the objects of the ¢harity. It should include grants
payable and the direct Gosts of sUPPOrting charitable activities and projects le.g., salaries, office.
communications and other costs identifiable as an integral part of the cost of carrying out those charitable
activities or projects), as well as deprecialion of fixed assets were used wholly or mainly for charitable
activities. The charity should describe the main charitable activities and attribute exp8ndilure to them to
give an indication of the way resources are expended. This should mirror the activities shown under the
incoming resources categories as far as possible 8nd should be consistent with tha activities described in
the trustees, annual report. A note lo the accounts will give further analysis of the expenditure. Expenditure
on activities should includ8 an appropriate proportion of support costs.
Support costs
In undertaking any activity th8r8 may be support ￿$ts incurred that, while n8C8ssary to deliveran activity,
do not themselves produc8 or constitute the output of th8 charitable activity. Similarly, cosls will b8
incurred in supporting incom8 generation activibes Such as fundraising, and in supportin9 the gov8rnanc8
of the charity. Support costs include the central or rogional office functions such as general manag8ment,
payroll adminislralion, budgeting and accounting, information tgchnology, human resources, and
financing. Support costs do not, in themselves, corsstitutè an activity, inste8d they 8nable output4r8aling
activities to be undertaken.
Support costs are Ih8refor8 allocated to the relevant acllvity Cost category they support, This enables the
total cost of an activity to bg disclosed in the SOFA. Support costs do not appear as a heading in the
SOFA. Th8 notes to th8 accounts should provide delails of the total support costs incurred and of material
items or cat8gories of expenditur8 included wilhin support costs. Where support costs are material, an
explanation should b8 provided in the notes of how these costs have b8en allocat8d to each of the activity
cost categories disclo58d in the SOFA or the supporting notes to the accounts. The explanation may
include percentages or amounts allocated, details of the methods of apportionm8nt used or a table
showing the d8tailed allocations.
Governance costs
These are th8 costs associated with the gov8mance arrangements of the charity which relale to the
gongral running of the charity as opposed to thos8 costs associated with fundraisin9 or charitable activity.
The cosls will normally include intemal and extsrnal audit, leg81 advice for trustges and cosls associated
with constitutional and ststutory requirements 8.g., the cost of trustee meetings and preparing statutory
accounts, Included within this category are any costs associated with the strategic as opposed to day-to-
day management of the charity's activities. It will also include an appropriate proportion of overhead costs.
Govemance costs were previously reported in the SOFA but should now be included as a sub-category
of support costs. Governance costs should be allocated to activities along with the oth8r support costs.
Allocation of costs - A reliable approach to cosl allocation should be adopted, bul a charity should also
consider the materiality of the amounts involved and the cosvbenefil advantages of the approach, in that
greater accuracy may on occasion5 only be achievable at a high incremental cost. In altributing costs
betsjeen activity categories, the following principles should be applied-.
Where appropriate, expeniyilure should be 811ocated directly to an activity cost category.
Items of expenditure which contribute directly to the output of more Ihan Dne activity cost category, for
8xample, the cost of a staff mgmber whose time is divided belMeen a fundraising activity and working on
a charitable project, should be apportioned on a reasonable. justifiabl8 and consi51ent basis.
Depreciation, amortisation, impairment or losses on disposal of fix8d assets should be allocated in
accord8nc8 with the same principles.
[181

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policies
Support costs may not b8 attributsble to single activity but rather provide th8 organisation81 infrastructure
that enables Output-producing activities to take place. Such costs should th8refore also be apportioned
on a reasonabl8, justifiable and consistent basis to the activity cost categories being supported.
There are several bases for apportionment that may be applied, such as proportion of direct costs. staff
number5, floorarea or staff time. The bases forapportionment adopted by a charity should be appropriate
to the cost conc8rn8d and lo the charity's particular circumstanc8s and applied consistently. The
accounting policy notes should 8xplain the policy adopted for the epportionmenl of costs be￿een
activities and any estimation tè¢hniquel81 used to calculate their apportionment.
Tanglble Ilxed a$sot•
Tangibl8 fixed assets are initially measured al cost and subsequ8ntly measurad at cost or valuation, net
of depreciatlon and 8ny impairm8nt Ioss8S.
Depreciation15 rècognised lo write off the cost or valuation of assets less Ih8ir residual values over their
useful lives on the following bas8S'.
Land and buildin98
Plant
Flltings
2.5% on c081
10% on cost
10Vo on cost
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale
proceeds and the carrying value of the asset and is recognised in the Statement of financial activilies.
Flxed asset Investments
Fixed asset investments are initially measured at transaction price axcluding transaction costs and are
Subsequently measured at fair value al each reporting date. Changas in fair valu8 are recognised in net
incomellexpenditurel for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity conlro118d by the charity. Control 18 the power to govern the financial and opérating
poIici8s of the entity lo obtain benefits from its activili8S.
Impairnient of flxed assets
At each reporting end date, the charity reviews the Carrying amounts of its tangible ass8ts to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists. the recoverable amounl of the asset15 estimated in order to detgrmine the extent of the impBirment
loss (if any).
Cash and cash equivalonts
Cash and (2sh equivalents include cash in hand, deposits held at call with banks, Other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
[191

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
2.10
Flnancial instruments
The charity has 81ect8d to apply th8 provisions of S8ction 11 'Basic Financial In5trum8nls' and Section 12
'Other Financial Instruments Issues, of FRS 102 to all its financial instruments.
Financial instrum8nls are recognised in Ihe charity's balance sheet when th8 charity becomes party to the
contractual provisions of the instrument
Financial assets and liabilities ar8 offset, with the net amounls presented in the financial statements, when
there is alegally enforceable right to sel off the recognised amounts and there is an intention to settle on
a net basis or to realise the asset and settle the liabilily simultaneou51y.
Basic financial assets
Basic financial ass8ls, which include debtors and cash and bank balances, are inltially measured at
transaction price including transaction costs and ar8 subsequently carried 8t amortised cost using the
effective int8r8St method unless the arrang8m8nt constitutes a fin8ncing transaction, where the
transaction is m88sur8d at the present value of the fijture r8c8lpts discounted at a mark8t rate of interest..
Financlal assets classified as receivable within one year are not amortis8d.
Basic flnanclal Ilabllltlgs
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the
present value of the future payments discounted al 8 market rate of int8r8St. Financial liabilities classif18d
as payable within one year are not amortised.
Debt instruments are subsequently cArried at amortlS8d cost, using the effective in18rest rate method.
Trade creditors 8re obligations to pay for goods or $8rvic88 that have been acquired in Ihe ordinary Course
of operations from suppliers. Amounts payable are classified as current118bilities if payment is due withln
one y8ar or18ss. If not, thay ar8 present8d 8s non-current liabilities, Trad8 credllors are recognised initlally
at transaction pric8 and subs8quenlly measured at 8mortised cost using the effective inlèr8St m8thod.
Derecognition of flnanclal Ilabililies
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged
or cancelled.
2.11
Employee benefits
The c05t of any unused holiday entitl8ment is recognised in the period in which tha amployee's services
are received.
Termination benef1ts are recognised immediately as an expense when the charity is d8monstrably
committed to terminate the employment of an employee or to provide termination benefils.
2.12
Reserves Pollcy
It is the policy ef the PCC that unreslricted fund5 that have not been designated for a specific purpose
should be rnainlain8d at a level equivalent lo b8lween three to six months expenditure.
[20]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
2.13
Risk Pollcy
The PCC hav8 ass855ed the major risks to which the charity is exposed and ar8 sat15fied that systems
are in place to mitl9ate major risks. The PCC have cornpli8d with their duty regarding the House of
Bishop's guidance on gafeguarding children and vulnerable adults.
Donations and legacies
Unrestrictsd Restricted
funds
funds
Total
2024
Total
2023
Donations and gifts
L8gacies receivable
Grants
118,580
222,888
3,500
101,197
219,777
222,888
286,569
103,487
500
449,906
283,069
344,968
384,266
729,234
553,893
For the ygar endod 31 December 2023
102,111
451,782
553,893
Other tradlng activitles
Unrestricted Restricted
funds
funds
general
2024
Total
2024
Total
2023
2024
Holy Trinity Trading Ltd
PCC Holy Trinity
328,928
328,928
283,576
348,967
348,967
316,104
Investments
Unrestricted Restrlcted
funds
funds
Total
Total
2024
2024
2024
2023
Dividends and intorest
Interest receivable
19
6,833
19
8,666
19
9,910
1,833
6,852
1.833
8,685
9.929
For the year ended 31 December 2023
7.328
2,601
9,929
[211

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Other Income
Unrestrictad
funds
general
2024
Restricted
funds
Total
Tolal
2024
2024
2023
Other income
19,081
137,319
156,400
220,648
Raising funds
Unrestrlctod Reslrlcted
funds
funds
general
2024
Total Unrostrl¢ted
fund•
goneral
2023
2024
2024
Fundraisin
and ublici
Other fundraising costs
16,940
16,940
19,591
16,940
16,940
19,591
1221

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Charitable activltles
Church
MIs5ion
Church
Facilities
Church
Projects
Heritage
Lottery
Total
Total
2024
2023
2024
2024
2024
2024
Staff costs
D@preciation and
Impairment
Worship
Mission
Music
Development
Facilities
Trading
142,603
14,717
29,800
6,800
172.403
21,517
161,399
6,800
40,898
26,430
64,477
40,898
26,430
64,477
361,793
87,243
221,030
74,549
20,647
12.340
471,798
67,681
266,173
361,793
87,243
211,030
510,155
123,843
361,793
995,791
1,081,387
Shara of support costs
{sea not8 9)
Share of governance Costs
(see note 91
73,005
73.005
68,627
5,703
5,703
3.600
588,863
123,843
361,793
1,074,499 1,153,614
Analysi5 by fund
Unrestricted funds
genaral
Restrict8d funds
429,320
117,043
546,363
515,759
159,543
6,800
361,793
528,136
637,855
588,863
123,843
361,793
1.074,499
1,153.614
For the year ended 31 Decembor 2023
Unrestricted funds
420,707
general
Restricted funds
95,052
515,759
202,622
6,800
330,916
97,517
637.855
623,329
101,852
330,916
97,517
1,153.614
[231

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs
Support Governance
costs
costs
2024
2023 Basls of allocatlon
Salaries
Administration
56.039
16,966
56,039
16,966
55,438
13,189
Audit fees
Lagal and professional
3,600
2,103
3,600
2,103
3,6DO Gov8mance
Governance
73,005
5,703
78,708
72,227
Analys8d between
Charitabl8 activities
73.005
5,703
78.708
72,227
Gov8rnance costs include payments to the auditor of £3,600 (2023- £3,600).
10 Members of the Council
No Members of the Council lor any persons connected with th8ml ￿e01ved any remuneration or benefits from
tha charitv durina the vear as r8suII of their beino a Member of the Council.
11 Employaes
Th8 average monthly number employees durSng the year were 20.
2024
Number
2023
Numbar
Mission
Facilitl8S
Music
Project
Operation finance and administration
Trading
Total
20
Employment costs
2024
2023
Wages and salaries
334.016
357.767
There were no 8mployees whose annual remuneration wa5 more than £60,000.
[24]

co

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Tangibla tixad assets
Land and
bulldings
HT Trading
Ltd
Total
Cost
At 1 January 2024
Additions
At 31 Decemb8r 2024
360,000
154,911
514,911
360 000
156 572
516 572
Depreclation and impalrment
At 1 January 2024
Depreciation charg8d in the year
At 31 December 2024
157,675
98,223
255,898
164 475
112940
277415
Carrylng amount
At 31 December 2024
195 525
239 157
Al 31 D8cember 2023
202 325
259 013
Investment property comprlses 1 H'p8nnybridge Way, 67 and 69 Adelaide Stre8t Hull. Th8 falr value of th8
investment propèrty has been arrivad al on the basis of a valuation carried out on 22nd May 2019 by lan
Adams of Larrards Chartered Surveyors, who are not connected with the charity. Th8 valuation was made
on an open market value basis by r8f8renc8 to mark8t evidence of transaction prices for similar propert18S.
The members of the council are satisfied with the value as stated in these financial statem8nts.
126]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Flxed asset Investments
Llstad
Invastments
Total
Cosl or valuatlon
At 1 January 2024
Valuation changes
ProfiU(loss) on disposal of investment
Repaid
59,025
1,118
1151
{486)
59,025
1,118
115)
1486)
At 31 December 2024
59,642
59.642
Carrylng amount
At 31 December 2024
59,642
59,642
At 31 December 2023
59,Q25
59,025
15 Flnancial instruments
2024
2023
Carrying amount of financial assgts
Instruments measured at fair value through profit or1058
59,642
59,025
16 Debtors and prepayments
Group
Charlty
2024
2Q23
2024
2023
Trade Debtors
Prepayments and Accrued Income
Other d8btors
Total
21,544
20,696
2,280
7,760
1.425
52.169
138
18,044
6,245
25,177
42.240
18,182
31,422
17 Creditors: amount5 falling due in 1 year
Group
Charity
2024
2024
2023
2023
Trade Croditors
Taxation & Social Security
Other Creditors
Accru8d Expenses
Total
31.663
15,623
1,844
262.215
311,345
35,254
13,633
1.844
450,305
501,036
3,302
3,311
266,879
273,492
4.503
1,844
442.381
448,728
[271

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Restrictsd funds
The income funds of the charity include r8Stricted funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes:
Movement in funds
Outgoing Gainsllosses
Balance 1
January
2024
Incomlng
Transfers
Balance 31
Dacember
2024
Clergy Houses
Repair Fund
Girls Brigade
Roof
Church re-ordering
project
Henry Smith Trust
Choral School
Fabric
Homeless
Organ
Bells
Pastoral
HD Theological
Outreach and U18
Benevolent
Flowers
HLF- Revival
HE HAZICullure
Hammerton
MS Mustard Seed
202,325
6,603
1,185
736
1,600
(6,8001
195,525
6,603
1,503
12,688)
17361
{11
267,693
{266,005)
3.287
5,293
9,105
11,626
4,423
586
8,581
2,962
1,000
227
9,457
49
8,688
127,335
18,6881
(138,4091
(1}
3,207
15,886
(i)
5,292
1,238
32,033
4,941
650
8,194
2,815
705
681
9,442
243
4,521
697
64
146
540
(178)
(690)
(6861
{294)
15,6361
157
(11
(1}
6,090
(15)
(305)
165,9391
{43,809)
499
65,939
43,809
150
(150)
914
(9141
265,908
523,418
(541,041)
4,506
18,858
271,649
20 Analysis of net assets between funds
Unrestricted
Restrlcted
Endowment
Total
Fund balances at 31 December 2024 a
represented by".
Tangible assets
Investments
Current asselsl(liabilities)
195,525
56,576
19,548
195.525
284,551
176.018
224,909
156,470
3.066
381,379
271,649
3,066
656,094
129]

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Subsldiarles
These financial statements are separate charity financial statements for 31 sl December 2024
Separate company financial statements have been prepared as required by law. The charity has tak8n
exemption not to prepare consolidat8d accounts.
Details of th8 charity's subsidiaries al 31 December 2024 are as follows:
Nama of undertaklng
Registered
office
Nature of buslness
Class of
'A Held
shares held Dlrect Indirect
Holy Trinity Development
Ltd
Holy Trlnity Trading Ltd
England
Project development
Ordinary
100.00
England
Trading
OrdSnary
100.00
The aggregate capital and reserves and the result for the y8ar of subsidiari8s excluded from consolidation was
as follows..
Name of undertaklng
ProfiU(Loss) Capltal and
Reserves
Holy Trinity D8velopmenl
Ltd
Holy Trinity Trading Ltd
2.150
12,693)
18,063
(140,7951
The Investments in subsidiaries are all stated at cost.
22 Related party transactlons
Transactlons with related parties
During tha year the charity entered into the following tran5a¢tion5 With related parties..
Grants Received
2024
Provision of Funding
2024
2023
2023
Holy Trinity (Hull) Development Trust
Holy Trinity Development Limited
76,437
190,715
105,283
195,486
76,437
190,715
105,283
195,486
[301

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF THE MOST HOLY AND UNDIVIDED TRINITY, HULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Cash generated from operations
2024
2023
Surplusl(Deficit) for the year
156,205
(65,103)
Adjustments for;
Interest received
Loss on disposal of investments
Falr value gains and losses on investments
Depreclation and Impairment of langlble fixed assets
18,6851
15
(633)
21,517
19,929)
(12,308)
20,870
Movements in working capital:
D8cr8asel(increa5e) in stock
Decr8asel{increas8) in debtors
(Decreaseyincrease in creditors
1,790
9,929
(184,621)
(1 ,844)
81,076
90,612
Cash (absorbed by)1 generated from operations
(4,483)
103,374
24 Analysis of changes In net funds
The charity had no debt during the year.
131]