DOWNING PLACE UNITED REFORMED CHURCH, CAMBRIDGE
(GENERAL FUNDS) CHARITY
Re8lstered as a charlty under number 1131462
Trustee< Report for the Year Ending 31&t December 2023
structure ofthe Report:
Llst of Thistees and Admlnlstrdtlve Inforniallon
THE CHURCH, ITS PREDECESSORS AND ITS GOVERNMENT
11 THE GENERAL FUNDS CHARITY
I Purpo$e
1.1 The object of the charlty
1.2 Public benefit
2 Trusteeshlp and admlnlstratlon
3 Thistee¥ accoundng responslbllldes
111 OTHER RESOURCES SUPPORTING THE CHURCH
IV THE CHURCH'S LIFE IN THE YEAR COVERED BY THE ACCOUNTS
FINANCIAL REVIEW
l Basls of preparatlon
2 Statement ofFlnanclal Athdes
3 Balance Sheet
4 Statement olcash Flows
RESERVES

List of Trustee5 and admlnthtlve Inforn]atlon
Trustees serving duringthe calendar year 2023
Se￿1¢e as
Trustee
Full year
from 7 May
full year
full year
full year
11 year
to7May
full year
full year
to25
December
from 7 May
Ellzabeth Mary Barrow
Ailson Esther Binney
Stephanie Jano Bower
Colin William Christy
Helen Christy
Ellzabeth Cornella de Bruln-Lara
Jennifer Russell Jacobsberg
Philippa Millington Jones
Carys Eleri Lee
Simone Maghenzanl
Church Seeretsry from 7 May
ChaAes ChristopherAugut Pearce
Clerk to the Elders. Meeting
from 7 May
Sheila Margaret Porrer
Alan James RoberLson Rlckard
Melanie julia Selina Rose
Hazel Joy Sanderson
Wllliam Saxton
Robert Smlth
Hannah Clare Stephenson
lan Chilles Strachan
Davld Wllfred Tatem
DaphneAnne Thomas
Margaret Mary Thompson
Stephen Thornton
Nlgel Phlllp Uden
full year
full year
full year
full year
to7May
from 7 May
full year
to7May
full year
to7May
to7May
full year
full year
Clerk to the Elde￿. Meeting to 7 May
Treasurer to 7 May
Church Secretary to 7 May
Minister and Chair
PrRnclpal Address
Downing Place URC. 4 Downing Place. Cambridge. CB2 3EL
Treasurer
William Mackenzie Mcvey, from 7 May
Prlnclpal Bankers
Charities Aid Foundation, 25 Kings Hill Avenue, Kings HI￿ West Mallins KenL ME19 4JQ
Independent Examiner
N Hedger, BFP cfA FCA. ChaterAllan LLP, Quy Court, Colllers Lane. StOW-cum-Quy.
Cambridge CB25 9AU

THE CHURCH. ITS PREDECESSORS AND ITS GOVERNMEKr
Downing Place URC was formed on 31 May 2018. as a result of resolutions to unite passed o
18 March 2018 by the Church Meedngs of Emmanuel and St Columba's United Refornied
Churches, Cambrldge, and Its General Funds registered with the Charlty Commission on 11
March 2019. The history of the predecessor churches is summarised in Parts l and 11 of the
Trustees, Report forthe year ended 31 December 2018.
The united church is governed by the still operative sections of the Scheme of Union of the
Unitsd Reformed Church. namely the Basis of Union and the Structure of the URC. Subject to
these denominational instruments, it Is governed by a local Constltutton approved by both
predecessor church meetings. The call and induction of Ministers and the appointment and
term of office ol Elders are regulated by these documents. The Constitution was amended by
resolution of the Church Meeting on 17 March 2019 to Increase the permitted number of
servlng Elders. and In Wdrfjous mlnor respects on 21 March 2021, 17 july 2022 and 23 Ortober
2022.
11 ThE GENERAL FUNDS CHARrrY
I Purpose
1.1 The objectof the charity
Slnce the unlon of 31 May 2018. the General Funds Charity has been held on trust to advance
the Christian faith for the benefit of the publlc in accordance with the Basis of Union of the
United Reformed Church. as directed by the Church Meeting of Downing Place United
R&forni•d Church.
1.2 Publi¢ benefit
The Trustees have at all times had regard to Charlty Commlsslon guldance on the public
benefit requlrement as it applies to charities for the advancement of religion. The charity
fvnds enable the church to:
provide regular acts of worship open to the public
teach and promote the Christian faith among all ages and at all levels. regardless of
background, sexuality. disability or nationality
• administer the Gospel sacrnments
offer activities for young people in connection with Christian worship and growth
vislt and befrlend the eldertyand unwell
offer fellowship and pasroral support withln and beyond the congregatlon, particularly
to those in distress or poverty
maintaln and redevelop hlstrirfc church bulldlngs
Serve the community and provide resources for community groups and actyvities
• support initiatives for Christian education
support the charitable work of the United Reformed Church viithin its structures at
Synod and General Assembly level; and
engaEe in erumenical dialogue and artivity in the interest of a wider understsnding
between bellevers.

2 Trnsteeshlp & AdmlDlstratlon
The Minister and serving Elders of Downing Place URC. Cambridge, provided they are legally
quallfled for charlty trusteeship, are Trustees of the General Fund5 Charity by virtue of their
oITice. Elders are elerted by the rnembers. to serve for four years at a time, with overlapplng
tenns to provlde contlnuity of oversigbt. There were 17 places on tbe eldership during 2022.
but some were shared between two people, so the number of trustee5 wa5 greater. Trustees
held roughly monthly meetlngs through the year, normally lasting two and a half hours.
New Elders and Ministers receive an fntrodurtory brtefing and are referred to literatyre Issued
by the Charlty Commlsslon In whlch their Trustee responslbilitles are set OUL Trustees renew
their certification through the Dlsclosure & BarrIng Service at three-yearly interwals, and
attend externally led safeguarding courses at intervals of not more than three years.
There are various committees and groups withln the thurch, some of which have Ilmlted
delegated financial authority agreed by the Trustees. A Church Treasurer. appointed by the
Church Meeting on the Trustee5' nomlnatlon, exerclses day-to-day control of the charity assets
in co-operatlon ￿th the Flnance-committee. The Treasurer doe5 not have to be an Elder or
Trustee, but is entitled to attend their meetings to address any financlal buslness. On lan
Strachan'5 retirement ￿ a servln8 Elder in May 2023, William Mcvey accepted the office of
Treasurer.
As well as revlewlng Indlvldual members. needs on a regular basis, the Tru5tee5 have overseen
the management ofthe church's buildings, funds. and artivities; they have arranged training to
support good practice: and they conttnue to explore how the church can use its new buildings
and facilities to Serve the local community. They are consulted on the church's annual risk
asses5rnent, and before the adoption of pollcles actualty or potentially affecting the General
Funds Charity Such as those on employment and equal opportunities, safeguardln& heal
safety and fire protection.
The church sends a representstlve to the Synod of the Eastern Provlnce, of which Ministers
serving loeally are members ex offitho. Some membèrs of Downing Place Church also serve on
the General Assembly of the URC.
TrustEes' accounting responsibilities
The Trustees are responsible for preparing financial statements for each financial year which
glve a trueand fair view of thestate ofaffairs of the charityas at the end ofthe financialyear
and of the surplus or deficit of the charity for that period.
In preparing these fJnaTrcial statements the trustees are required to:
Select suitsble aetounting policies and apply them eonslstenrjy,,
Make jUdge[￿ents and estimates that are reasonable and prudent;
Complywith applicable Accounting Standards, subjert to any material departures
disclosed and explained in the financial statements; and,
Prepare the financial statement5 on the going concern unless it is inappropriate
to presume that the charity wlll continue in business.
The Trustees are responsible for maintainlng proper accountSng records whlch dlsclose with
reasonable accurncy at any tlme the flnanc5al posldon of the charity and to enable them to
ensure that the financial state2nents comply with the Charities Act 2011.
They are also responsible for safeguardlng the assets of the charity and hence for taking
reasonable step5 ft>r the Prevention 3ud detection of fraud and other irregularities.

III LTfHER RESOURCES SUPPORTING THE CHURCH
Besldes the General Funds Charity. a number of other re50UTces support the work of Downing
Place URC. These include church building5 (incorporating halls and a raretakerfs house), a
manse for the church's minister, the rental or invested proceeds of sale of earlier such
buildings and a regular donation from Lewis Glbson Llmlted. URC (Eastern Provlnce) T￿st is
trustee of the church buildings* manse5 and invested sale proceeds.
Details of these resources were given in Part III of the Trustees, Report for the year ended 31
December 2018.
Although these resources do not. as capital assets. form part of the General Funds Charlty.
income from each of them is paid into the GeneTrl Funds. The attached accounts therefore
show hir2ng fees of the church buildings. dividends or interest from invested sale prnceeds
and frorn tenanted manses in Harebell Close, Cambridge and Mayfield Road, Girton, and the
Lewis Gibson Limited donation. cfhe manse in Harebell Close returned to use for a church
worker during 2023, at whieh point it ceased to produce income] Conversely the accounts
show payments from the Generdl Funds for repairs and malntenance ofthose church buildings
and manses in current use, and of the tsnanted properties so far as such costs fall on the
landlord.
A house at 4 George Street, Cambridge, is the sole capitsl asset of a separats charity founded
by the late Dr Helen Dick Megaw on 23 November 1978. whose object ('the general use and
benefit of Downing Place United Reformed Church) is now ststed in a Declarntion of Trust
dated l May 2019. United Refonned Church Trust is custodian trustee of Dr Megaws Charity
and the Minlster and Elders are Its ex officlo managing trustee& The house is currently let and
the net income has been accumulated to cover landlords, maintenance CDsts.. durlng 2023 the
managing trustees resolved to use the assets of Dr Megaw's Charity to provide housing for the
church's current Minister and his wife following his retirement scheduled for the middle of
2025. This will entail Sale of the current hou5< purchase of a new one and costs defrayed from
the actumulated Income.
IV THE CHURCH'S LIFE IN THE YEAR COVERED BY THE ACCOUNTS
Although declslons regardlng the church's Ilfe are those of Its counclls (the Church Meeting
and the Elders, Meeting) rdther than for the charity trustees as such, a brief account is Eiven
here of how the church's generdl funds - along with the buildings whose use is direrted by the
Church Meeting- were used during this period to further their respective charitable objects.
The church comprise5 member5 of the URC associated in and around Cambridge for worshlp,
witness and seryice. During 2023 five new members were admitted to our fellowship,
replacing losses by death or relocatlon elsewhere.
We have met for regular publlc worshlp In the broad Refornied tradltion of Chr15tianity every
Sunday mornin& also for a short service in the middle of each week. and additionally on
special occaslons. There have been readings from Scripture and a sernion or talk seektng to
expound the Word of God at every service. The sacrament of Holy Communion has been
celebrated on the first Sunday morning of each month and at a number of midweek services.
In addition Open Table Cambridge, a communlty offerlng a speclal welcome at the Lord's Table
to people who Identlfy as LGBTQl+ and thelr allies. has celebrated Communion in the church
building regularly once a month. One baptism has also taken place. Amongst other specEal
services, the church ha5 marked the first Sunday of LGBT History Month in Februaryj the fifth
anniversary in lune of fts own fonnadon by the unlon of two earller Cambrldge URCS. and

Christmas services for those living with dementia and for people who experience dlfficulty at
the'festive season,.
The live 5treamlng of Sunday morning and some otheT services has enabled the participation
of members unable to attend church. and gained a significant addl￿onal 'followin¥ on the
church's You Tube platforn). It has drawbacks, such as requiring greater caution In selecting
potentlally copyrlght materlal and Sn planning young people's artlvlty. but on balance Its
beJ)efits are consldered to outweigh these,. though in future recorded services will be awrallable
for public viewing for three months, rather than indefinitely. Recordin8 and lfve streaming
would not be w)ssible wtthout the help of several dedicated and skilled volunteers.
Communication ski115 on the part of both church staff and members are also Put to use In
maintsining a church webslte glvlng access to Information about our work and convictions
behind it, the ma￿z]rte Ploce Motters and forthcoming events.
These acts of worshlp have been led by our sett]ed Minister, the Reverend Nigel Uden, as well
as by a number of other church members and v&siting preachers. They have been fadllrated by
Elders and members taking important roles An preparntion. leading prayer and making other
contributions to the Ilturgy. The Mlnlster's expenses are paid from the genernl funds, as are
expenses and honoraria for occasional preachers and the salaries of the two Directors of
Music who make an Invaluable contribution to worship.
Fellowship and hospitality are important extensions to our worship, allowing newcomers and
vlsltors to know the church as a community, deepening members, sense of belonging and
meeting needs For acceplance, conversation and simple warn]th. This has taken a number of
forn]s. includin8 3 gathering over coffee after every Sunday service, a monthly Open Table
s(￿131 event, the 'Gibson's Lunch, (a full cooked meal provided on one Thursday in most
months at a modest charge to all who wish), a lunch for newcomers to the church, and the
'Hospitallty Hub, (an offer of free tea, coffee and conversation. made possible by volunteers
from t)ur membership for four hours each Wednesday and Thursday). We seek to ensure that
all who come to the church and enjoy this hospitality are awdre of the Christian mottvation
which lies behind It.
The church has sought to serve the local and global community by providing space in Its
building for a number of other charitable and benevolent artivities and groups. as well as by
the giving of its members elther dlrectly. or through the General Funds Charity. It has
responded fully and cheerfully to the request to support the work of the wlder United
Refornied denomination through Its Ministy & Mission Fund. It has provided the St Columba
Foundation with space to operate its Group Thernpy Centre, Cambridge for Ukralne in the
support It glves to those Cu￿entlY exiled as a consequence of the Russian inwdsion, the
NlghtLite operation complementing Cambridge Street Pastors, work in support of casualties of
the city's nocturnal ecotLomyi and groups such as Alcoholics Anonymous who benefit from use
ofa meetln8 room at reduced rates.
A monthty'good cause, approved by members (sometimes lo£al, and sometimes internatlonal)
is supported by occasional retlrffing collections at worshSp, and part of the grant rnade to the
Generdl Funds Charity by Lewis Gibson Ltd. Is dfverted to these rau5es or to meet other areas
of need. A weekly free concert hosting musicians of a very high standard enables a retlrlng
collection to supplement donations to the monthly cause. and audlences have shol
remarkable geneTosiry. During the year special appeals were made in relation to the
earthquake in Turkey and Syria. and to rasualties of militsry activity in the Gaza strip. An
event was held drawing attentlon to Issues created for many by the rlsln8 Cost of living and
dys in which this can be addressed.

The local church has contlnued to support the work of Alex Clare-Youn& the Pioneer Minister
working in association wtth Downing Place URC. Alex's mission has extended to local night-
tlrne bar and club venues. the staff of our neighbouring department store, and a new
expression of church known as the Trumpington Forest Gathering. Under the umbrella title
'Solldarlty Hub,, an attempt has been made to foster community amongst the neurodivergenL
LGBTQ+ Individuals, and other groups who have found church unwelcoming or simply
unappeaiing. As well as payment from church general funds toward the expenses of this
ministry, one of the manses whose use is directed by the Church Meeting has been provided,
as a family home for the Pioneer Minister and wife.
The church's abllity to Use the bulldlng on Downlng Place In support of its activity has been of
inestimable fdlue, though costs ofcleaning and maintenance have been substantial. Such costs
have been party due to the complexlty of the technlcal equlpment instslled during the
building's refurbishment. and can only be defrayed from the General Funds Charity. They are
partly set off by the hiTing out ofspace to external users at commercial fee5, which are payable
into the Charity.
The church has employed four members of stsff during 2023, Sn addltion to muslcians, in
support of its activities and in managing and caring for the buildin& salaries being paid from
the general funds. Staff are accountable to the Elders, Meetln& but one Elder has taken more
specific responsibility for staffing matter5. During the year three people have sUc￿551ve￿
assumed this role. and a review of the church's staffing strurture has been commissioned for
completion in 2024. The salaried staff have been greatly assisted over the past year by the
work ofjona Schmidt. ourvolunteer through the Time for God scheme.
Membership of the Elders. Meetlng (and therefore of the charlty trustee body) changed In May
2023, when a number of Elders st4x)d down from active Service and replacements were
inductsd. At that date new Incumbents took over the offices of Church Secretaryj Clerk to the
Elders, Meeting and Treasurer. Pastoral responsibility for Eroups of church members. which
each Elder takes in conjunction with the Minister and with one or two Pastoral Visitors. was
reallocated accordingly. Besides 5uth regular monthly meetings. they attended an Awayday in
November for artlvltles and dlscusslon on the theme of Discipleship.
A n8w Safeguarding Otricer for the local church was also appointed, who has since fa¢i]itated
number of safeguarding tralning opportunltles. All servtng Elders have undergone this
traiulng at Interniediate level, as have other church volunteers whose duties require IL
Foundation level training has also been made awallable. Safeguardlng provtsions are
incorpo￿ted In the hiring agreements made with the building's external users. As a
precaution agaillst entrants who abuse the church's hospltallty and pose threats to stsff or
other users of the buildin& the church has equipped volunteers with remote alarn￿. Issued
written guldance to door stewards and enabled reception stsff to control enty.
Aspects of the church'5 life have also been supported by the work of seven Groups or
Conunittees comprising Elders and other church members. with remits and a core
membership determined (and reviewed during 2023) by councils of the church. Their areas of
responsibility are Finance: Property Management: Evangellsm & Servlce; Worship*
Discipleship & Spirituality,. World Church & Public155ue5; Pastoral Care: and Sustainabillty.
The Minister. Nlgel Uden. enjoyed three months of Sabbatical leave between Chrfstmas 2022
and Easter 2023, spEnt partly on retreat in Wales and partly travelling in Gerntsny with
activities related to his forthcoming retiremenL During that time the serylng Elders contlnued

their collective responsibility for the church's life, worship was led by visiting or occasional
preachers. and additional pastoral support was provided by the Reverend Debordh Mcvey. The
Minister has announced his intention to retire at the end of july 2025, which will be followed
by a period of ministerial vacancy. Preparation for this period is required in a number of ways.
most of which will be covered in the report attompanyln8 the 2024 accounts.
FINANCIAL REVIEW
The accounts for the year ended 31 December 2023. consisting ofthe Statement of Financlal
Actlvitles, the Balance Sheet, the Statement of Cash Flows and th8 related notes, are set OLrt
on page5 Xto X.
l Kisls of preparation
The Trustees present their report with the finandal statements of the charity for the year
ended 31 December 2023. The financial statements have been prepared in accordance
with tbe accounting policies set out in the notes to the accounts and comply with the
charitys governing documenL the Charities Art 2011 and Accounttn8 and Reporting by
Charities: Statement of Recommended Prdctice in accordance with Financial Reportlng
Standards applicable in the UIL
2 Statement of Flnanaal Artivitie$
Total Sncome for the 12 months ended 31 December 2023 is £449,890 (2022- £675,613).
Income from genenl offerlngs is £113,169 at a similar level to 2022, a5 is tsx reclalmed under
gift aid. at £25,002. Income from other donations and legacies fe]1 to £10,668 from
£50,372 in the previous year.
Rentsl incorne from halls is also steady at £62.220 whilst rental income from residential
properties at £48,188 is showing a reduction of £14,165 due to own use by the Pioneer
Mlnlster [2022 - £62.353).
The distribution received from Lewis Gibson Limited, from the rentsl of the York Street
Medical Practlce, Is £104.000 [2022 - £109.900). Income from Investments and Interest
receivable have fallen to E48.554 [2022 - £51,688) due to lower Interest rates.
The most significant reason for the lower income In the current year is explained by the on
off development income item in 2022 arising due to the net funds available from the sale
of the Trntnpington Street premises.
Total expenditure forthe 12 months ended 31 December 2023 is £587.864 (2022 - £521,425).
The costs of church activltles have Increased from £299,482 in 2022 to £345,036 in 2023. This
Is due to inflationary pressure5 and ongoing increases in property costs.
Our contributlon to the URC Mini5ty and Misslon Fund remained unchanged at £142,620.
Expenditure from Designated and Restricted Funds showed an increase from the prior year
due to special collectlons. and stsff and property costs. The most 5ignTficant Items being
donation5 from the York Street Fund to good causes, Pioneer ministry costs and staff costs
associated with Evangelism and Service activities.
At 31 December 2023 investments were revalued at a £80.101 unrealised gain for the year
£ompared to the £83.680 unreallsed loss In the previous year.
Overall the net reduction in fvnd5 for the year is £57.874 (2022- net increase £70.508). After
tsking account of the unrealised gains and losses and the one-off development income
item in 2022, the underlying reduction in funds in 2023 is £137.974 Compared to

reductlon in the previous year of £32.138. The deterioration is explained by lower legacy
Income and donatlons for the muslcal Ilfe of the church and higher expenditure in staffi
property and pioneer ministry.
3 Balance Sheet
The Downing Place church and ha115, and the manse building5, are held in trust by the URC
(Eastern Provlnce) Trust and are not therefore tangible fixed assets of the church. The
tangible r￿ed assets represent the furniture and fittings. audio visual equipment and the
organ at a combined cost of £338.157 which have been written down to £210,570 at a
rateof £51.889 perannum.
Investments are detailed in the notes and conslst of COIF Charities Investment Fund and M&G
Charlfund Accumulation unlts. There have been no changes to holdings during the year
and theirvaluation at 31 December 20231s £981,868.
Debtors of £36,158 conslst of amounts due from Lewis Glbson L5mlted, gift aid and hall rents
receivables.
After deducting sundry creditors, accruals and deferred income, net assets at 31 December
2023 are £1.539,689. representsd by Unrestrirted Funds of £265,775. Designatsd Funds
of £806,838 and Res￿eted Funds of £467,076.
4 Statementof Cash Flows
The Statement of Cash Flows shows a net outfiow of cash for the perlod under review of
£99.533.Totsl cash at bankand in hand at 31 December 2023 is £336,431.
RESERVES
The income of Downlng Place URC, Cambridge (General Funds) Charity is dependent on the
contInuing generosity of members. on income from the rental of the halls and propertte5. on
investment income and on the distributions received from Lewis Gibson Limited. The balance
of net current assets at the year end is £347,251. The level of expenditure on charitable
artivities from unrestricted funds ar £473,962 Is signlficantly in excess of the available level of
net current assets. which has prompted transfers to designated and restricted funds and a
review of activities and priorities for the future.
The trustees conslder the going concern basis is appropriate at the current time in vIew of the
significant level of reserves.
Slgned on behalf of the Trustees:
Re¢d. Nigel P. Udett
(Mlntsterand Chalr of 7tustees)
8 May2024

10
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF DOWNING PIACE UNITED
REFORMED CHURCH, CAMBIUDGE {GENERAL FUNDSI CHAIUTY
I report on the attounts of Downing Place United Refornied Church. Cambridge (General
Funds) Charity for the year ended 31 December 2023, which are set out on pages 11 to 20.
P9
RESPONSIBILITILSAND BASIS OF REPORT
As the charity's trustees you are responsible for the preparation of the accounts In accordance
with the Tequirements of the Charities Act 2011 ('theAcY).
I report ITJ respert of my examinatfion of the charity's accounts carrled out under section 145
of the Art and in carrying out my examinatlon I have followed all the applicable Directions
given by the Charity Cornmission under section 145{5)(b) of the ACL
INDEPENDENT EXAMINBR'S STATEMENT
I have completed my examination, I confirni that no rnaterial matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respect:
l. accountlng records were not kept in respect of the charity as required by sectlon 130 of the
ACL. or
2. the accounts do not accord with those retords., or
3. the accounts do not complywlth the applicable requlrements concernlng the form and
content ofaccounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts glve a 'true and fairview. whlch is nota matter
considered as part of an independent examinatt'on.
I have no concerns and have come across no other matters in connection wlth the examination
to which attention should be drawn in this report in order to enable a proper understandlng
of the accounts to be reached.
N Hedger BFP. CT
ChaterAllan LLP
7 Quy Court
Colliers Lane
Stow-cum-Quy
Cambridge
CB25 9AU
CA
Date., 19 June 2024

11
srAITMINTOFHNAIICIALAcfJviTiES
FOR THEYEAR EFIDED31 DBCBAIBER 2023
UtsrÈstrIrted Desjgllated RÈstrJcted
Nots Funds
Funds
Funds
Totsl
21123
Total
2022
Incom•
DoDadonsand le￿¢5
Charitsb)ea¢dvldes
Otherthocomeand donadoDs
In¢t)me frt)tn Invt8tsnÈnts
DevelopmentlDcorne
Tfjtsl IDCOmè
2(a)
2(b)
2(c)
2(d)
21e)
141362
99331
78￿00
43,629
7,176
25.582 174,120
IZ3.216
104,000
48554
204,242
12&321
109,9(Kl
4&B24
18fj326
675
43,882 449,WJO ￿13
26.OlXI
4,925
362
Z3
Expendlture
Charitableactivitiu:
URC Mlnlsty ￿LdmIsSIon Fund
Mlolstertal COSL
Costs of Churehacdvldes
Des1p￿rUnds and WDlcted dc¢nadons pa5sqd on
Governawecosts
TolaleKpendlt¥
3(8)
3(b)
3(c)
3(d)
31¢)
1416ZO
3&115
294,907
142,620
53,IB8
345,036
45.7
142,620
44,779
299.482
33.224
18,073
H474
23.016
S,655
23.
20
85
63
ZB
39
52
Nei incomel(dtfidt) before InveJtn)en¢galns I losses
{IIL639) [41,B78)
15,$43 {137.974)
154,1
Net galnsom Investmtttts
Unreallsed Ilos$1/28lns onlnvestrntntassets
P4et lrtc•me forthe ye4rbefore trgnsfers
(IIL639)
38,223
15.543
[57,874)
70.S08
Transfers betw￿ (unds
100ffj53
(IZ525) 188.1118)
Netmwementln Fund5
[11,0061
25,69B
{72,565) {57.874]
nd Balanct¥ b/[w￿ at I la*uary2023
27A781
781,140
539.641 1597.562
1,527,054
Fyttd Bai•ncey clfwd al 31 Decem1￿1023
265,775
806,838
467 076 1539.689
1 $97 562
Income and expenditure is derived solely fi￿M continuing opertions.
The note5 onpytss 14- 20 fornl partofthese finattciai statements.

12
BAIANCE SHEET
SAT31 DECEMBER 20Z3
2023
zozz
Note
FIXEDASSE15
Tanglble FlxedAssets
Investsnents
210,570
981.868
262.460
901,767
CURRE￿ ASS￿5
Debtors
Cash atBank and In Hand
36,158
336431
372,589
41,304
435,964
477,268
(IIRRENT UABIIJTIES
CTrdltots Due Within Oneyear
NET (IIRRENT ASS
347.251
433,335
TOTAL ASSETS LESS CURRENT LIABIUTIES
L539.689
1,597,562
CTEditors DueAfterOne Year
NET Lssrrs
1597 562
FUNDS
Unresrrictsd Funds
Designated Funfjs
RestiieLed Fund5
265,775
806,838
467,076
276.781
781.140
S39.641
1539 6B9
Appmved by Eldas. Meellng held on 8th May z0z4s5￿ed on its behalf by
'd Njgel P. Uden
Ministerond Chairof the me*tin9
jin Christy
Th￿te¢ and Convenorof the ￿nq￿Ce Cornmittse

13
STATEMENT OF CASH FLOWS
S AT 31 DECEMBER 2023
2023
2022
Nrte tbelowj
Cash flow from operatingactivities:
Netcash {absorf)ed by} I provided by operatingactivities
(148,088}
(125.128)
Purchase of fixed assets
DivideTKLs and interest
[10.684)
48 554 ￿824
Change in cash and cash equivalents in the reporting perfod
[99.533)
[88,9B8)
Cash and cash equivalents at the beginning ofthe repwtiDg period
435 964
524,953
rash and (ash equlvalents at the end ofthe reporting period
336 431
435,964
Notes to the ststement of cash flow
A) Reconciliatiwi of net income to J)et cashtknyfrom (weratingartivities
Net (expenditULf)Iln¢om¢ forthe ￿portIng perlod as perthe statementof financlal acdvltes
Depreciation
Unrea]ised (gains)n05ses on inveslrnents
Dlvldends and InteJEst
[Increase)Idecrea%e in debto
[Decrezse)/increase in creditors
Net cash pr(wlded by operatln8 artlvltles
(57,874)
$1.890
(BO.101)
[48,554)
5.147
18,596
148.088
70,507
50.821
83,680
(46,824)
[11.996)
271,316
125,128
Bl At￿lysts ofcash and cash equlvalents
fasb at bankand In hartd
336 431
435 964

14
IK)WNING PtACEUNTITD REFOIIMED I]IURCIi CAMBRIDG4 GENERAL FUNDS IYAIUTY
IFrESTO THEFJNANCIILsfATEMENTS
FOR THEYEAR W4DE0 31DECE￿18Eft2023
I ACCOUNTING POUCIES
Do4¥niD¥PIACtUn5ted Reforniedthurth CAmbrldge. (fvepal FuDd5) Cb£tity (tthE cjjarl￿, its apublltb0nefft￿tl￿aSd￿1lnedbY FR5
102. ThèlIn*￿1al stAtements havebe•nprepJrèdlnattordanceMrfthAccovAtln8and ReporOngbyCbarltTe¥.' 5tot•me￿0f Recom￿ed
Practlce appliLxbieto charities preF4rln8Accounts knAccTrraHu￿wlththe Fln*Jctal Repojthg StanO3ydappltcabloto th2UKAndRepubllr
of Jre]•nd (SORPFR$102), the Financial RepoThn8 StaThdardqppliLxble Enth?UnltedKln8dornand Republlcof Irtl•JLd (FR51021. andthe
ChArltlèsAct 2011. The FIMandal statemeDts *YprepaTed ona 8olng concernbAxls under thebistoricai cost Conventio￿ madifiedt
include certain itwns gt fBirvalue. Si8nificantaccowJtin8polLLICS applirdart setoutbelow. Thegepollcies haVebe￿4pPtI￿IC0UIithn*1Y
to4llytarB wileEs othen¥iseJtth
TheTrnstees ￿nSIderth9ttheSQlD￿c0￿ctTh b851s i¥ 8ppfopT1*4S tbryeollslderthe￿Ae￿éS levels ￿deA￿￿eted kneomttsb•at
&ufftdentlevel3 toerLsurfrthAtthe charlty t￿￿￿etIts financlai ob15Wlon5 brthe nÈ* IB monthll.
Ic TaDglble FIXedA￿ets
FreEh•ld Propcrty. Tht cThurchbuildlngts theassetola 3epA2Xte clwitsbie as artthe nwsej w.hichsETve orhkves￿￿thtr
Ojupth. Theyare inthe truBteellhip of thTrUnitsd REfQrrn￿ QLurch (TthernPEatAn¢e) Tntstdnda*thBEpfottllDtlncludedinthe5
counts AS llxedassets. However, the General Fund5 Ch4rlty rerelves Incornefrom hirinBS orlettiny ofthpsepropBrtIN aDdlnTettJrn
thp costof WApÈlldltureotsthem (wh5chls Mry4ttwoff Intheyttrltls IncLJrTed).
DepreclAtlon b provldedon411 Ilxed955ety oniJtral8bt lkne bA5ia c4lcwlatedt014tr1teoff the costovtrthelreyctedusefvl livesi
follomry..
Fixturts aDdfittiD85 (itteilldlty8thÈ OryAtt)
Audiovisual and￿￿qUipn￿Dt
10 years strawt lkne
Sy*ars xtrai8biline
Id Investmeots
Investu￿llts are lttcluded at thelr faSrvalue, whlcb Is notwlly d*lrnwketvalue on the balance sheet date. Chan8e5 tDvaluatiOn DVEr
thÈyear are reeognlsed ln the Statement of Flnanclal Artlvltjes. The Trusteesljave deaded to reta2n short term funds in cash reSErves
whlch Are rf$k free.provSde forseasonai fluctuatlons In operatin8￿5hROws and coverat lea5tsiY months. Èxpendittire, and to hold
medlum to longerterni investments in charitsble investtnent funds and uNit tn]sty in actordAnceMdth the cha￿￿'s Investment
Buideliue5.
le Income
All voluntaryw'vin8TS included in the finanaal state]net)ts forthe perlod lllmthlch Itls t*celve& DoDatJons underGIftAldplus tlhe
a5SQtiated tax rÉttsvÈryare r*cognlsed as lttcome when the doDatlon Is rettlve(L Legacles are accounred forThtheuthelr recelpt ts
cerraln 2Dd canbe property quandfletL All otherlncome Is ge￿rallY recognisedwhenjt Is recelvable.
If ExpEtidithre
The URC Mlnlsty &Mlsslon Fund contributlon Is pald re8ularfy and 1$ iDclud?d the fina￿tIal ttAtemettts for the yearto tt
relates. Expenditure 15 recognlsed In the perlod In whlch It Is IDturred and Includes attrtbutable VATMthsch caDnotbe recovered Itls
allotated to the partlclllar artlvlry to whldi It relates. Governance costs represent direcr e￿e]Ids￿l￿ OTL the governance (bfthe
IDcludkngthe Froductionand ￿￿ependentScrnttnY of thesefinancial statements. The malorlty ofthe ￿anageMenta￿a actjvlty of the
Churth Is carried outby YolMr)teers.Th15 inta]Jglble w5tts Th)tITKlutslln the fltwidal statements, as thlsvoluntary contrlbutlollts the
Ilfe of the Chur¢h (￿1)0tb¢ reasoDabty ¢aJ¢lllated.
18 Taxxuo
DoNmSn8 Place UDlted Reformed Chllrckn Cambrldge (Genera] Fund5) Charity ts a reBlstered cbarfty 3]ul a5 5udL is not Ilable to t￿tIOn.
Ih CoDSolld*tedfinanC￿ smements
The cburch Is exempt from the requlrement to prepare consolldated flnanclal 5tslejne￿ts by vlrtue oFSetdon 24 of Charitjes SORP FRS
102 (20191. Accordlng]y these financlal statements preseat IDftsvm2tton aly)llrthe charfry as a slryle enttty and do Dot consolidate
l￿fO￿atio￿ respertofLÈwls Ctbson Llmlted.

15
IIOWNINS PtACE UNITED REFORMBD cHIIRc￿ CAMBRIDGE. GENERAL FUNDS CHARITY
NOTES TO THE FtNANCIALSTATEMEPITS
FOR THEYEAR ENDED 31 DBCBMBBR 21Y23
2 INCOME
Funds
Funds
Fonds
2023
20ZZ
{a) DOnath￿saId k8Kles:
111169
2&002
113,169
113,407
24,8ZO
10.78D
50.372
Tax reclalmed utth¥ftald
Special offerllles and donations rtteiveA4
Otherdonadolls and le8acles
Grants
21684
21684
10,668
97
174 IZD
3,191
4.579
141.362
7.176
25
199
78
Ib) ￿￿111*bIt*￿IvFtIeS.
Rental Inromefrom hall lelbnB5
Rental Incomefrom resldendal prO￿lIeS
Fund rd151￿ evats a]Ml other1]K0￿e
62.220
29,888
7.223
99.331
62.ZZO
48.188
li
123
61*50
62353
la3￿0
5,584
16
21
(¢) o¢herknwne ond doDatlons:
DoDadorts from Lewts Glbson Ltmlt
104QUO
(rf) IncoThe from Jmvutmen
Bal￿ interwt& dlvldends
43.629
4.925
54
54
51,688
(e) i)eveloprnent IrKgme
Proceeds frorn sa]eofprowty
avallable for mlsslon
18
326
TotAI irttomt
675 613
3 EXPENDITUR8
Total Fw•ds T¢1tslF￿laS
2022
Funds
(a) URC fitrk151ry &Mtsslon
URC Mthlstry a￿lM￿s1(￿ Fur•l
142h20
142ts20
142.620
142h20
142*20
141620
The Church coDtTJbutss to the ceDtra] URC costs oftr*nlDg and providlngmJn15te]s (lacludlDgthe ￿ltrAlIsed￿￿lle￿t of Stipen
penslon contrlbudons and Dther beDetits fDrnthJ15tEE5),nThnkn8the dÈllDndt￿tt￿ty attd the wlder mjsslon ofthe natAonal cburcb.
MIDlyters' exwL8es
PloLeer Mintsty
Worship resOU￿e5
Visiti￿8 rniT)i5tPFS
Mts$1¢3J Ilfe oftbe Church
&231
31
15,222
L731
L014
2&990
5&188
IOh42
10,526
979
1262
21570
44779
15322
1.731
L014
24,139
35.115
2351
1&073

16
DOWNING PIACE (IT4ITED REFORMED CHURCH, CAMBRIDGE, GENERAL FUNDS CHARITY
NOTES TO THE FINANCLIL STAITMEPITa
FOR THE YEAR ENDED JI DECEMBER 2023
3 EXPENDITURE
2023
3022
(c) Costs of ClwrfhActtvitles
Premlse5 twthgcost
Rates ald utllllles
ID511rasKe
Repaln andmalntruan
Caretthrand cleaolng
IT andAV
DeprÈciatioD
37*0S
10228
62J09
S4￿00
3.129
SI￿90
2O0A121
2357
217
9￿57
40222
10,W27
7S312
3WO
3,129
SiA90
216,180
28.235
10220
67584
223SI
6.152
SOA21
185363
482
396
11131
4As28
AdmlDlstratlOD ¢OSts.'
Office ¢osts
Staff corts
Bank(kn8es aDd IDterest
Bad Debts
22,781
71fi14
270
221
94A86
L414
18,439
24195
90p53
530
221
21937
8L780
323
19,915
104039
MLsslon OlltreadL'
DonatloDS
Htsb Htsspltstlry & Other&￿e$
Gibson LUD
Ttme for Ggd
Sabbatjcal CD6ts
4116
1.014
8200
I￿00
11430
L627
5.743
lJI14
7h86
594
4TrJo
14At57
1ffj27
294907
44.474 ￿55
345A136
Z99h82
(d) Des1g￿lled fwids and restrltted dOnad0￿ passed o
Commlllnentforuft
De5iBllated Fottds
Special Collertitrbs
10339
10239
23x116
12A4S
45.7PO
10.800
22.424
23x116
12.445
22
84
23
16
33324
(r) Goveruaare Cosis
IndepelldÈDt E￿n[ner
L320
20
1.320
1,320
1320
473.962
85.563 ￿39
587A64
52L426
(Q STAFF COSTS
ExpeTLdlture IndudES total 5t4ff custs oF£124*39 (2022- £101.708) asbelow. The avera8enumberof stsff ID the yearwa5 5 (2022- 5).
Z023
2022
GrosSs21￿￿S aTd wa8es
Soclal seturtty¢osts
PeDslon costs
113.005
4,335
7.299
IZ4h39
93￿6B
33
OM07
IOL708

17
DOWNJNG PUCE iINITBD REFORhlED ClIURc￿¢AMB]UDGE, GENERALFUNDS CtIARITY
NOTES TO THB FINANCIAL STATEMENTS
VOR THE YBARENDBD JI DECEMBER 21Y23
4 TANGIBLI FLXED ASSBrs
EqulFmettt
Cost atl lanuary2O23
3¥157
339A57
DIsp5a15
Cortat3J DEcernber 2023
338,157
33&157
Depreda￿on at Ilarvary 2023
Depredatlon charBe foryear
Ellmlnation ondlsposals
Depredatlonat 31 December 2023
15￿9?
s￿90
74697
SU90
I27￿67
127ts07
Net bookvalue at31 DeL*mber2023
Nét bookyalueat i lamwy 2023
210
70 210570
261460
The ¢lMr¢b and n)awe bulldly are held in tnutbythe URC (EagterD Prnlwe)Trurtsnd 8re KDtlaD8ible fixed assets ¢>f the Charlty.
For ltrsurance purpoBey the churcb bulldtn85 and b8115 gn kn6und bythe tharitylor £gA98A57 ahd the nwues for£ioooiion. The
dllurlL CUDteDts are Insured by tbe charttyfor£245A3
S I￿VE￿ENTs
Z023
zozz
Markdvdlue ot ilAlluary 2023
Additions
NttunTeaJlsedl loss)/plns
Marketvalue ot 31 D#emiv2023
Made up follows:
COIF Chthtte5 InvesttnentFLmd. John Ha]1 Fund
M&G CtharJfundAcc¥mtslaiton Unfts
COIF Charttles Investment Fund. Jncome Unlts
COIF Charftles JnvesknientFund-Accumulatlon Unlts
Sha￿$ in kn¥is Gib50n Limited
90L767
985.447
83
901767
170,504
244.173
359,976
207,213
155,2SS
235,622
327.782
IB3,107
981868
901767
All inyesknentittcome Is alloca￿ to utwulctÈd funds.All Inve5tment8alns and1055e5 areallocat*l to De$iwtrdFw￿$. The
inves0n￿t1ft shaTrs In Lewis Glbson LIMIt￿ represents inttrestof 66.67% Inthatcompany. The PTlnclpal acrfvlty of Lewls Glb5Dn
tJmlted Is theleUiuKof Lewis Gibson Howse &% a dodorfssuryery. Any surplu5 on thls acUYlty 15 Bfdnted to the charity. Fortheye8r
ended 31 December 2023 Gibson lamited1￿ turnoyerof £191.178. saerated a surplus on ordlnary actlvllJe5 afterts%abOll of
£104369. and madea8iftaid uf£104.000 ID Duwnln¥Place URC At31 Dffember 2023 Lwls Glbson Llrnit&l had anetdefititon
capltsl and res￿e5 of £180.240. TheDlrectors ofLewls Glbsott Llmlted havelndlcaredthelr intention to makea comparable grnnt
ith futyTryears notdirectlyto theDPIJRCC(GF)G buttothe swatr Dowtting Place United RefDTmd MissioD Charjty, which was founded
In 1907and reBulated by a Charity Commission Scheme t)n 13 octob￿ 2023. 6786 ofthe Incomeof theMIs5Lontharlty ts Appllcable
forpuryos* of a)rtstlanmSsslon deormined bythechurch Mety of DPURG andlt15 anticipatedthatth15 Pn)portion of the8rd￿t￿lI
sdll p&%s Intr) the DPURCC(GFIC. 33% ofthe incotne Dfthe Mission Chartty 1$ 8ppllrdbleforpurposes of tsURC's Chrfstiari mission
deterniln￿ by thesynod ofthe URCS Eastern Provlnc& lils anticlpated thatthis will iEu5ed to CDYeT pioneer]uiiJ15tsy rosts defrayed
fmm the DPURQC(GF)C until 2027.

18
DOWNING PLACEiINITED REFORMED CHIIRCIL CAMBRIDGE, GENERAL FUNDS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEARENDED 31 DECEMBER 2023
6 DEBTORS
ZOZ3
2022
DebtOT5
OtherDebtors
Prepaynwits andAcmed Income
TA*is Glbsoj) lJmlt•
7.158
21404
19,9(K)
Y CREDITOR&. amtyjttts falllngduewtthin ooeyw.
2023
2022
Cr￿1101$
Aten￿5
12.955
12
8.119
35
15
8 DESIGNATED FUNDS
Balattce
EXP￿dI￿
Yorkst￿tFuDd
CibsoD'S
MuslcaI Llfv
Evan8elSsm and Sejvlce
John Hall F￿d
30553
1.740
18J46
555fj69
174A32
781,140
26NO
L041
S,176
7139S
21),174
[23Xt16)
[1￿14)
(U51)
[55222)
.360
,503
31537
L767
20,671
570211
180,6S2
B06038
{1531)
I￿25
The ubove Pund$httvtbéth &esl8nutedforthefdiowlTrg purpose&.
York Street FU￿d- to Tecelve tbe gr￿t fro￿ Lewls Glb50D ￿[￿te¢land tD d15trJbErte to g(KKI causes atbo]ne gnd overseas.
Glbson'5. to recelve Income fronl tbe monthly luDch dub 3ud to coutrlbutetDa chr15tll￿5 1vDCh8T￿llEw￿jt¢hen equSpwttL
Muslcal Llfe- tQ ￿51st{￿ themle of mwlc ltsthewoT5blp, Ilfe and outreach ofthe Churth.
Evangellsm SpTYI(%-to supportthe outreathpro8fduLtThe Df the CtLurth.
lokn Hall Fund. Thls fimd wa5 Set￿p wlth the ]nouey reLElved Ill excess ofthe Church rebuIldl￿8 rosts In 1993 and dou*ions from
Dkejnbers aud frleTMls ID meraory of lolbn Ilall. The funds arE forthe support of )nlssSon and rnuslcal actOYltles at howe aud3bro4 (wlth
foLW on supportlDgyOUnBpeoplel SO% of the costs ofollr c]￿rCh ￿￿1¢12￿ were trallsferr￿ to the lokn Hall Fund at&*year en
plu5 an adjuskuellt of £96 to ￿rreL£ HD erTor aprevlousyear.

19
DOWF41NG flACE IINIT£D REFORMED CHURCIL CAMBRIDG4 GENERAL FUNDS CtIAR]TY
NOTE5 TO THE VINANCIALSTATEMENTS
FOR THE ENDED 31 DECEMBERZOZ3
9 RESTIUCTBDFUNDS
The church accounts Jnchthnloe Re5trlthdFuDas, pthre the nwule$ c¥Jh only be llsedfor thèspètlAcpurpose forwhicbtheywere
eDtsNstedtothe dmthThv5E D￿DIeS w notat the dlsp05ai ofchurcb Meetlng forahyotberpllTpose, aTrdrepres8nt
Bfwd
Cfwd
Mlnlstry & MtsstOD FuDd
BenevolentFulld
4 GeoryE Street Fund
Coillmlt￿f0r Ufe
Castle End Mi$51oTJ Fund
Earniarked Funds & Glvlng fOrothe￿ FuDd
D¢ve10pment M1$51oD Fund
Spedai Donatkms Fw
&200
3263
S1988
6200
3363
67260
18300
10239
(4m8)
(10239)
1861+72
1,920
288A98
(S5￿55)
151JJ17
1.920
237?16
1898
(3￿17)
(51453)
539h41
43.882
28339
IOB
467J)76
The aboveF4rtdshovebeen restrt¢¢¢dforth¢lollowlngpurpoM'
MJnl$tsy &MlssloD Plmd. to supportSpecthcprowam￿ costs rEl8dn8to MIs51¢J
BenevoleDtFulld- to be applled In cases of ImmedlatEDeed at the m$￿St¢￿ dlscredo
4 Georye streetF¥nd- thenetproceeds from the retsts] olthe George StreEt property. tobe used forthe Churci as detern￿￿d bythe
Elders {asTru5teES of tbe Me8awTTh￿t)
CoNwbltmPDtlor Llfe. to supporLthe DaUoDa] URC world deVel￿pMentPro8r￿mMe.
Castle End Mlsslon Futkd. fortbe boldln8of educatiolltl ottter dagge$ a)hI￿etti￿g¥ of are￿91all$ aftdphllanthrople 25%
ofthe Mln15try alld M1551¢)J expenseWastrat￿ferred to the Casrle End Mtsslon ZOZ3.
Evangelisth aDd SeNice. FundraS5108. aiiiouiitsratsedw fundraislngts equlp the redeveloped Church formlntffjyalld rofund
ollgoti¥evaDBell$m andsetvice work
Eannarked PUD& & GlvlTJ8 for(ltherSFW￿- foTsopportin8chaEitable Ca￿es￿rOUgh I￿ontbIY appea15 and donation&
Development Mlsslon Fund- to support on801￿nis$$lOts a¢ttvltle%lD part5clllar.to enable on8oln8 malntenaKeand lyl￿rOvemellts to
tbe Churcb'5 buildiogs amd r￿d assets. The expeme ofrÈpatrs and malDtenaDce and 25% of cleanlnB costsweretraDSterredtsJ the
Development Mlsslon atthe year eDd
Speda] DonatloDs Futtd- ty recelve dollatlonstowards the molltbtySpe(tal Ca￿e other good causes 5nllne wlththe Church's
mls610
10 ANALYSIS OF mET￿sE[S BrrwEEN FUNDS
Unrestrirted Designated Resblcted fmblned
ds
fvnds
ds
T3llgibleFixed A55Ets
Invesbnwts
NetCuNÈntAssets
Fund BaJan¢e
210570
514,792
81,476
210.570
98L86e
467.076
26S 775
265.77S
467.076
11 REIATED PARTIES
Lavi5 Glbson Llmlted i5 a rdaiEd paty oFthe ajurclL by vithe ofthe beneficla] holdlng of 66.67% Inthatcompany. Transactions
the Chu]rh and Lewis Gibson Llmited aredisclosed in nDte 5 kn theacrounts.

DOWNING PLACEUNrrED REFORMED CHURC14 CAMBIUDGC GENERAL VUNDS CHARTrY
NOTES TO THE FINANCIAL STATBMENTS
ll￿R THE YBAR ENDED 31 DECEMBER 2023
12 STATEMENT OFFINANCIALAcfMTIES FOR THB YEAKENDED 31 DECEMBER2022
U•restrlaed DeB*Dated Restrfcted
Funds
Funds
Note
2022
Dollatlo￿ and le8acies
Clwttable xcttv5tles
0therjncon￿ and dohatlot)s
Incon)e from tajvestments
Develtspment IucoD
Totsllttcome
2(3)
2(b)
2(¢)
2(dJ
2(e)
135378
109J)35
81425
34242
753
27A75
29,758
IB
199378
IZBX21
109,900
51Me
186326
67
13
186J26
254617
378ts37
61409
haritable actfvllle5:
URC Mln15ty andM15&h￿
Mln15t8rJal costs
Cosrs of Churcb actlvltiEs
De$l￿￿ted fi￿dS a￿d restrjcred
douatlow pa6sedoD
Governance costs
31a)
31bJ
142.620
31.879
287171
141620
41779
299.482
12,900
8.690
1121
3(d)
3[e)
21424
lo￿00
33224
1320
521425
463,491
4i014
13.921
Nettncoll￿l(dIfitlt)be10re lavestmentgalDs I Ios5eB
(B4.964)
18,455
220.696
154187
NetBalns on IDvestmellts
Unreallsedplns Dn IDvesttuent assets
Nelts¢oD* fortbeyeaT befoye transfers
83
(6W5J
83fj80
71507
(8£964)
32Q69é
lo.￿0
(ioJJooJ
Netmovemetttjn Fullds
964
220