Holy Trinity
T SH T._)¢l
S. Silas
KENTISH TOWN
PARISH OF STSILASTHE MARTYR
HOLYTRINITYWITH ST BARNABAS
Charlty Reglstratlon no. 1131736
Annual Roport & Accounts
31 December 2024
S. SiL8s Presbytery.
11 S. Sllas PL8ce.
Kentish Town,
London
NW5 3QP
Independent Examiner
Thomas Middleton

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report and Financial Statements 2024
Contents
Pag•
Legal and &lmlnlstrallve Infom7ation
R•port ofth• Pwochlal C￿n￿l
1ndapffjd￿t Examln•r'• r•porttotha Parochld thurch Coundl
StatUn￿l of Ilnandal actlvlil
Bolanc•Jh••t
Not•• totho t1nm¢ldstat•m￿ts

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Legal and Administrative Information
For the year ended 31 December 2024
Charlty Nam•
Pori8h of St Si18¥ the Martyr & Holy Trinity wEth St Barnabas
Prlnclpal Addre88
S. Slias Pr8sbytery, 11 S. Silas P18ce, Kentish Town. London NW5 3QP
Charlty Registratlon
nd
1131736. The PCC was reOstorèd with th8 Charity Commission on 22 Sept¢mb¢r
2009.
Govornlng D￿uMent
Parochial Church Council Powers Me88ure 119561 as amend8d and Church
Representation Rulɥ,
ObJoctlv•8
ParochialChur¢h Council of St SiL88 the Martyi & HolyTrinity with St Barnabas hastP
responsiblllty of cooperatlng wlth the Incumbent of St Si188 the Martyr & Holy Trinity
wSth St Barnabas, the Revd PhIl￿p Corbett. In promoting in the ecclesiastical pari
the whole mi8$lon of the church, pa8toral. evangekn8tic, soc181 and ecumenical.
M•mb•r• ofth• PCC
PCC members who 8erved durln8 2024 orwere servlng at the date thSs report was
approved wer8..
Clgrgi
The Revd Philknp Corbett IVIc8r & Chair from July20241
Wardens
M8 Lesley Goddard
Mrs Mailene Anodu
Mr Peter Hodgman
Mr Jonathan Bowman
Deanery Synod
Representatives
Mr Matthew Lee
Mrs Coreen Hamed
Elected member8
Mrs Arabella Murr8y
Mr Richard Hostings IChalrm8n of the PCC to May 20241
Mrs Joyce BBrnett
Mr John Linge
Mrs Patricla Sharpe
Mr Rlchard Goddard
Ms Pauline Chisholm
MS Sophle Stlnson
K•y Man•g•m•nt P•r•onn•l
Th08e In Gharge of plannln& direGtlng, controLilng. runnlng end oper8tlni the Charltv.
to whom the trustees have delegated slgnlficant 8Uthority orre8pon8lblbty in the day-
to4&y running of the charity, are the Vicar, member8 of the Standing Committee.
Bank•r¥
CAF Bank
Independent Examln•r
Thomas Middleton

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report of the Parochial Church Council
For the year ended 31 December 2024
Parish of St Silas the Martyr & Holy Trinity with St Barnabas I'the PCC"I submits its report andthe financialstatements
the PCCfortheyearended31 December 2024. Thefin8ncialstatementshave beenprepared intheformatprescrlbedty
the Statement of Recommended Practice: Accounting and Reporting by Charities ISORP2019 IFRS1011. The legal arKI
administrative information set out earkn'er in this document form8 part of thi8 report.
1. Struetur•. Gov•rnane• & Manag•m•nt
1.1 Trustee•
Th8 PCC meets approximately 6 times per annum to discuss a full range ot matters, both operational end Strategic,
reL8ting to fin8nc8, fabric. gener81 administration and the missionlministries of the church. The PCC also ha8
respon$iblllty for keeplng the Electoral Roll. Members of the PCC are either ex officio or elected bythe Annual Parochial
Church Meetings IAPCMI In accordance with the Church Representation Rules 2021.
The method of 8ppolntment of PCC members Is set out in the Church Repre5entstion Rules. All those b8Ptlsed and
believers who consider them861ves part of the church family are encouraged to register on the Electoral Roll.
1.2 Church Att•ndan¢•
The Electoral Roll revised in preparation for the 2025 Annual P8rochlal Church Meetlng IAPCMI In May 2025 compri*d
81 members. Atthe end of 2024, 8verage attend8n¢e w88 75 8dult8 8nd 31 children.
1.3 R18k Mon8gem•nt
The PCC'3 prlmary Goncem and obleGtlve l¥ the glory of God. WhlLJt It la the PCC'S poll¢y to trust wholly In ih? Lord that
He will work out HIS purpose to thls end, the PCC a180 acknO￿edge3 that it ha3 a responsiblilty, both 88 indNidual
members and a$ a body of members, for the identiflcation and proper management of ri3k$ ta¢ed by the church In
achieving its primary aim. The PCC has therefore assessed the major rfsks to which the church 18 exposed. in particular
th088 relating to the specific operational areas of the charity, its inve8tment8 and it8 finances. The PCC believesthat, ty
monltorlng income. expenditure and reserve levels, by ensuring that controls exSst over key financial systems, and by
examiningthe oper8tionalri8k$ fec8d by the PCC. it has èstablished effective 8y8tem8 end procedures to mitigate those
risks.
2. Actlvltl•• & Strat41•8
In preparing thi8 Report, the PCC hag compbed with the duty in 88Ction 4 of the Charitl8$Act 2006to have due regard to
publlc benefit guidance publi8hed by the Charity Commlsgion and have sought to demonstrate that the PCC provides
Identlflgblg bongfity whieh relAt8 dlrBctly to Its Blmg Bnd whlch outW8lqh 8nv tJotent181 detrlm8nt or harm. Further. tr
benefits are publicly av8iLBble to 8118nd are not in any way restricted to those able to pay. Any private benafits to
members of the PCC are incidental.
To th1$ end the PCC or8anlse8 the following actlvltles In order to enable ordlnary p8ople to [￿e out thelr felth 88 part of
our parish communlty..
Sunday Sgrvicgs19.30om. 11am, 6pm)
Mo85 on at le88t 5 day8 excludingsundays most weeks
Pilgrimages
Times for study and reflection
Working with young people Bnd families through our school
Support of other charities locally, nationally and internationally
3. R•vl•w 0fth•Y￿r
The fir8t part of 2024 continued In interregnum, and we are gr8teful to our churchwardens and team of cler8y who
8UPPOrted the parish duringthis tlme. In Julywe welcomed Fr Philip Corbett 88 our incumbgnt.

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report of the Parochial Church Council
For the year ended 31 December 2024
Holy Trinlty
The Eeneraland focused upkeep of the building has contlnuedto ensure that it is safe for use by both the congregation
and school. We continua our close links with HolyTrinity and St Silas Primary Schoolwith congregBtion members geNing
as PCC Govemors and assisting in the life of th6 school. This is one of the primary works in our mission and leads to a
number of pastoral inteTOCtions with school families and Local residences. We continued to h08t school masse
activities and worship in the church. 8nd the use of the church halleontinue8to be primarlly 8s a spacefor school lunche¥
and other8¢tlvities. Ourmain worship tsk85 place on Sunday momings and this Masscontlnuesto focu8 on families with
child friendly homily and children taking a leading role in worship. The voluntsry choir continuegto sing ￿le8 A month
and at each M8SS there is a cantor to 8SSlSt in worship. The PCC continue8 to consider ways in which to improve the
accessto the site and renovate the southwest corner of the church and how thls mlght be used formisslon and mlnlstry.
The parlsh now h88 a newweb$ite, and this is b8ingweLt used as a way to make contact with people.
St. Slia8
The worshipping Lif8 of S. Sila$ has continued to grow following on from the Covld restrlctlons. We contlnued our CLO
links with Catholic Soci8tl8s and welcomed again the Society of Mary for their May Devotion. This 18 8 greet plece of
outre8chforthe parish and 8 public witness. The Solemn Mag$es on Sunday continue to be the main focu8 of our lif8 and
worship and this 1$ augmentedby our profa$gionalchoirwho 8ingon most Sundaysand FeastDay8during the year. We
continue to caTe forthe church bullding and to ensure thatlt 1$ kept In a suitable $tate of care for wor8hip. We ar8 gratef
to ali those who giv8 of their time to this work. We contlnue to host community groups in the church hall and are
Considering ways to Improve and augment these f8¢liltl85. Through charitable givlng we support Mary's Meals and the
Camden Foodbank. The ¢ongregarion also made piigrlmage to th8 Shrin8 of Our Lady of Waisingham. A new parish
w8b8lt8 and Facebookpagè have helpod us in our outreach. In con¢lu8lonthe PCCth8nk88llwho hav8worked 80 hard
in our mi88ion and outreach in the 88rvice of our parish 88 we seek to proclaim the Good New8 of the Gospel In our
community.
Qulnqu•nnla(
The Lost quinquennlal report for St. Sllas wa8 in 2020 and for Holy Trinity in 2021 and identif18d 80me Items for addr
which are being worked through in order of priority.
Saf•guardlng
R6￿rdingthe PCC'sobisgationBtO 8afeguard chlldren andvulnerable adults. the membersofthe PCC confirmthatthvl
hava complied with their duties undersection 5 of the Safeguardingand Cl8r8y Discipline Mea8ure 2016. Sophie Stinson.
Ar8bella Murray and Le81ey Goddard continue to be the named PSO8 for St. Slias & Holy Trinity. Safeguarding training
contlnuedto be completed bymembers ofthe PCC, The ParishSafeguardlngDa8hboard will be used by Sophie Stinson
golngforward to ensure compliance with saf eguardingguidelines. The webglte continuesto dlspLay safeguardingcontsct
det8ils as required. These details are a180 dlsplayed around th8 church bulldlng alongslde other Important 8afegu8rdlng
det8iL8.
Fln•n¢l•l RffiA•w
The Ghurch's main sources of funding are the free VAII offerlngg and donatlons of church members. and investment
income from the letting of church properties.
4.1 Financlal Actlvlty and FlnancS81 Posltlon
The Statement of Financi81 Activities and Balance Sheet can be found on page3 7 and 8 respectively. The Charity'$
re8eNe8 increased by É38,677 during the year12023- incre88ed by É11,3141. The b818nce sheet shows total net asset8
of E1.816,97012023: £1.778.2931.
Included in tot81 funds are amounts totalling £25,45018t 31 December2023:1£2.55Olwhlch are restricted fund8. These
monies have elther been raised for. and their use restricted to, specific purpo8&s, or they compytse grants subject to
grantor imposed conditions. Full details of the86 re8tricted funds can be found in note 9t0 the accountstogetherwith an
analysis of movements in the year.
4.2 Re¥erv•s Pollcy

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report of the Parochial Church Council
For the year ended 31 December 2024
The PCC h88 examined the requirements for free reserves. i.e. those unrestricted funds not invested in tangible f ixed
assets. The PCC considers that, given the nature of the church's work, free Teserves should be equivalent to
approximately4 month's routine generalfund expenditure. plus committed future expendlture on other projects, where
funds permit. The PCC is of the opinion thatthis provides 5ufficientfLexibiiityto ¢overtemporary Shortfalls in income a￿1
will allow th8 church to cope and respond to unforeseen emergencies whilst specific 8Ction plans are Implemented. At
310ecember 2024 the ¢hurch had netfree reseNes of £745.08812023: £735,843) as follow9:
2024
2023
Tot¥l ro••rv••
Less: restrlcted funds
1,815,638
{25.450)
1,778.293
{1,042,450}
Fr•0 r•••rv••
1,790.088
735,843
Freo r••orv•$ r¢qulr•m•nt: 6 month's budgeted routln8 expendlture
75,000
75,000
The PCC 18 aware that the free re8erv88 is in exce88 of th8 free re8eNes requirement. The PCC is currently considerl
other projects and budgetlng in ways In which parity can be restored betsveen Iree re8eNe8 and the free reserve8
r$qLtirèmant.
B. A••pon•lbllltl•• of Tru•tM• far th• Flnancl•l St•t•m•nt•
The PCC 18 responsible for preparSng the report and the fln8nclal statements In 8ccord8n¢e with applicable law 8nd
Unitad Kingdom GenerallyAccepted AccountingPractice, Chority18w in England and Wales requiresthe PCC to prepare
financial Statemonts for each fin8nci81 year which give a true and fair view of the state of affalrs of the PCC and of tl
income and application of income of the charfty tor that period.
In preparlngthose fln8nci813tatements, the PCC Is requlr8d to:
Select suitable accounting policies and apply them consistently;
obsèrve the methods and principles of the Charities SORP
makeludgement8 and estimates that are rea8on8bLe 8nd prudent;
state ¥¥hether applicable accounting stand4rdJ have been followed, aublect to eny departures dSsclo8ed arKI
explalned in the flnancial statements; and
Prepare the lingncio18tatemant$ on th8 goingconcern ba818 unless It Is inapproprlate to presume thAtthe actlvltle8
of the ¢hO￿ty WIU continue.
The PCC is responsible for keeplng adequate 8ccounting records whlch di8cLose with re8son8ble 8ccuracy at any tir
th8 fln8nci81 posltion of the charity and enables them to ensure that the financiglstatements comply wth the Charltle8
Act2011, the Charity (Accountsond Rgports Regu18tiong2008 and the provisions of the goveming document. The PCC
is also responslble for safeguardingthe assets of the chority and hence tortaking reasonable steps for the prevention ar
detection of traud and oth8T irregularities. The PCC is responsible for the maintenance 8nd integrity of the charlty and
financial inform8tion included in the charity'8 web51te.
7. Approval
The report of the PCC was approved by the PCC on 30° May 2025 and signed on it8 behalf by:

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report of the Parochial Church Council
For the year ended 31 December 2024
Revd Phllllp Corbett
Chalrman

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Report of the Independent Examiner to the Parochial Church Council of
The Parish of St Silas the Martyr & Holy Trinity with St Barnabas
I report onthe accountsofthe Parochi8lStSilasthe Matyr& HolyTrinitywth StBArnAb2sfortheyearended37 Decerter
2024. which are set out on pages 7 to 15.
Respectlve rosponslbllltl85 of PCC and ox8mlner
The PCC are responsible for the preparation of the accounts. Thg PCC considerthat 8n audit is not required for this year
(under sectlon 144121 of the Charities Act 2011 Ithe 2011 Actll and that an independent examlnation 15 needed.
It 18 my r68pon3ibility to:
examina th8 accounts (under section 145 of the 2011 A¢tl'
to follow the pro¢6dures laid down in the General Directlon8 given by the Charity Commlssloners lunder 88Ctic
14515llbl of the 2011 Act): and
to state whether partlcular matt8rs have come to my attention.
Ba$ls of Ind8p•ndent ex8mln•rs' r•port
My examination was carried out in accordance with the General Dire¢tion3 glven by the Charfty Commissioner8. An
examlnation in¢lude8 a review of the accountln8 records kept bythe ch8rity and a comparison of the accounts pre8enlBd
with those records. It also includes consid8ration of any unustjal items or disclosures in the accounts, and the saeking
of expi8nation8 from you as trustees Concerning any such mattef3. The procedures undertaken do not provid8 all the
evidence thatwould bè raqulr8d in an audlt and, ¢on$equently, no oplnlon Is glven as to lthether the accounts present a
'true an f8lr vlew and the r8POrt18 Umlted to those matter8 set out In the statement below.
Ind•p•ndont •xamln•r•' *tatem•nt
I have completed myexamin8tion. I conflrmth8t no materlalmatters hovecometo my attentlon In ¢onn8Ctionwith the
exomlnetlon givlng me c8u8e to believe that in any mater181 respect..
l. accountlng records were not kept in r88pect of the church as required by 88Ctlon 130 of the Act; or
2. the accounts do not accord wSth those records: or
3. the accounts do not complywith the appllcable requirement$ concernlngthe fomi gnd content of account8 Set out
In the Ch8rities (Accounts and Reportsl Regulations 2008 other than any requlrem8nt that the accounts wve a 'lJ
and fair vievl which 18 not a matter considered 88 Part of an Independent examln8tion.
I h8ve no concernsand have comeacr088noothermatter8ln connectlonwithth8examinatlontowhich attentionsh0￿1
be drawn in thls report in order to 8nabLe a proper underst8nding of the accounts to be reached.
Thomas Mlddleton
30" Octobgr 2025

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Statement of Financial Activitie5
For the year ended 31 December 2024
Unro•trieAed Rostrlctod
Funds
Funds
2024
2024
Unre•triGted Re¥trlctod
Fund8
Funds
2023
2023
Total
2024
Total
2023
Nota
Incomefrom:
Donations and leg8cie8
Charitable activities
Other trading activities
Inve8tment8
31,980
1,368
42,113
49,492
28,000
59.980
1,368
42,113
49.492
36,404
946
53,966
59,890
21,120
57,524
946
53,966
59,890
Total Incom•
124.953
28,000
152,953
151.206
21.120
172,326
Expenditure on:
Raising funds
Ch8rit8bie activities
8,807
115.457
8,807
115.457
2.297
125,329
2.297
158,715
33.386
Total expandltur•
124,264
124,264
127,626
33,386
161.012
Net g8insll1088881 on
invo8tments
9,988
9,988
Not Incom•
10,677
28.000
38,677
23,580
(12,266)
11,314
Transfers b8tsv8en funds
1.045.000 11,045,000)
Not mov•mont In fund•
1,055,677 (1,017.000)
38.677
23,580
112.266}
11,314
Total fund• brought forward
736,843 1,042.450
1,778,293
712.263
1,054,716 1.766,979
T￿al fund• carrlad forward
1,791,520
25.450
1,816,970
735,843
1,042,450 1.778.293

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Balance Sheet
For the year ended 31 December 2024
Unrestricted Re¥tricted
Funds
Funds
2024
2024
Total
2024
Total
2023
Note
Fixed Agset•
Tangible Assets
Investments
1,045.000
519.983
1.045,000
519.983
1.045.000
512,357
1.564.983
1.584.983
1.557,357
Current A88•t•
Dgbtors
Cash At BankAnd In Hand
19,195
215.416
224
25.226
19.419
240,642
1.393
223,603
234,611
25,450
260,061
224.996
Cr•dltorg-Amount• Falllng Du• Wlthln
One Year
8,074
8.074
4.060
Not Curront A•••t•
226,537
25,450
251.987
220,936
Not A•8Ot•
1,791,520
25,450
1.816.970
1,778,293
R•pr•••nt•d By.
Restricted Funds
Unrestricted Income Fund8
25.450
25,450
1.791.520
1,042,450
735,843
1,791.520
Totol Fund•
1.791.520
25,460
1,816,970
1.778,293
The financi818tatement8 were approved by the PCC on 30 May 2025 and signed on it8 behalf by:
L•¥lay G¢)ddard
Tr••#urer

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statement5
For the year ended 31 December 2024
1. Ac¢ountlnq Pollcl
The principal 8ccountingpoliGie8 adopted. judgements and key sources of estimatlon uncertainty in the prepar8tion
of the financ[81 statements are as folLows:
Basls ol accountlng
The fin8ncial statements hav8 been prepared under the Charities Act 20118nd In accordance ￿th tha Charities
Statementof Recommended Practice ICh8ritiesSORP(FR5102118nd FinancialReportingStsndard102 IFPS1021.Tre
tin8ncialst8t$ments are drawn up on the historicelcost ba818 of accounting exceptforthe revaluatlon of freehold iarKI
and buildings which are shown at market Value.
The financi81st8t8ments include all tr8nsactlons. assets and li8blllties for whlch the PCC Is responsible in law. They
do not include the accounts of church groups that Owe an affiliation to anothar body or thos8 that are informal
gatherings of church membgrs,
The PCC meet$ the definition of e pubU¢ benefit entlty under FRS 102.
Only timited compar8riv8 data18 av8iLable, duo to limited a¢ce88 to hlgtoric dats. Thi8 limltatlon 8hould be taken Into
account when 8n81yslng the fln8nclal p8rformance and p08Itlon
Golng Conc•rn
Ther8 8r8 no material uncertalntles 8bout the charity's 8bility to continue 88 a going concern and accordingly the
accounts have been drawn up on a goingconcern ba818.
Ineom• r•eorfnltlon
Voluntory income and donations (including leg8ciesl are accounted for once the PCC ha8 entltlementto the income,
it 18 prob8ble the incomo will be received and the amount of income receivable can be reliably measured. InccKne
from the recovery of tax on gift alded donations is accounted for in the perlod to which the relevant donatlon is
recelved. Grant income 18 recognised on 8 recelvable b88ill.
The Income from trading activitles include8 rental Income from the18ttlngof church prem18es and le8sehoid land and
buildings whlch 18 accounted for when earned. ￿1$ 8hown gro88, ￿th the 88sociated costs Included in fundraising
eo8t8.
Interest on fund8 held on deposlt Is Inciudedwhen receivable and the amountcan be measured reliably bythe ch8rty,
th18 Is norm811y upon notlflcatlon of th8 Interest pald or p8y8ble by Ihe bank.
Exp•ndltur• reoo#nltlgn
Expenditure 18 accrued as soon 88 8 ti8bility Is consldered probable. and the amount of obli8#tion can be measurÈd
reliably. Longer term liabilities are discounted to present vsLue. The PCC is not reglstored for VAT and 8ecordlng
expenditure includes VAT where approprlate.
Expenditure included in Raising Fundg includ88 amount8 incurred In obtaining grants and other donations and
property mainten8nce cost¥.
Charitable expenditure includes those costs in fulfilling the PCC'S princip81 objects, as outlined In the Report of the
PCC. These include grants payable, governance costs and an apportlonment of support costs.
Grants payable are p8yments made to third parties in furtherance of the PCC'S objects. In tho c88e of an
unconditional grant offerthi8 18 accrued once the recipient hos been notified of the grant award. The notification
givesthe recipient a reasonable expectation thatthey will receive the grant. Grants awards that are subjectto the
reclplent fulfilling performance condition8 are only accrued when the recipient has been notified of the grant and
any remaining unfulfilled condltion attaching to that grant 1$ outside of the control of tho PCC.
Gov8rn8nce costs comprise 811 costs involving the public accountability of the PCC and its compliance with
regulation and good practice. These Costs include costs reLated to the independent auditlexamination and lègal
fees
Jo

PARISH OF ST SILAS THE MARTYR& HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
1. A¢¢ountlng P4)U¢l•$ (¢ontlnu•d)
Tangible Flxed As8et8
Consecrated Pmpety end Moveable Church Fumishings
Consecrated land 8nd benefice property such a8 the church building and vic8rage is excluded the accounts In
8ccord8nce with $10 ot the Ch8riti8s Act 2011. Moveable church contents are held by the vicar 8nd churchwarcbr
on $pecl81 trust for the PCC and requlre a faculty for di$po$81 ar& 8ccount8d as inalienable propety unle88
con$ecr8ted. All expendlture Incurred on ¢on$e¢r8t8d or benèfice buildings and moveable church furni8hing8.
whether maintenance or improvement, is expensed within the Statement of Financial Actlvitles.
Other Flxtures, Flttings & Offlco Equlpment
The cost of other furnlture, flttlngs 8nd equipment, legs any expected residualvalue. is depreciated on a straight-une
basis over the effective useful lives of the assets. which have been estimated as berween 4 and 15 years.
Fixed Asset Inv•stmontJ
Inve8tments are held 8tfairvalue and revalued 8te8ch reporting period, anygain or1088 r88ultlngfrom the rav8Luatlc
are charged to the Statement of Financial Activities.
Dobtor8
Debtors are Included attha settlement amount due. Prapayments are valued at the emount prepald.
Ca#h at bank and In hand
Ca¥h at bank and in h8nd include8 cash and 8hortterm highly liquid inve8tment8Wlth a ahort maturity of three months
or Less from the date of opening of the deposit.
Cr8dltor8 and provl•lon•
Creditors and provisions are recognlsed ￿ere the charity has a present obligatlon 8ri$lng from a p8St eve n that vll
probably result In the transfer of fundsto 8 thlrd p81ty and the amount due to Settle the obligation can be measured or
88tim8ted re118bly. Credltors and provlslons are recognlsed at thelr settlement amount.
Fund accountlng
The tund8 held by the charity are either:
Unrestricted generalfunds - these are funds whl¢h can be used in accord8nce with the charltable obj8Cts at
the discretion of the truyteeg.
Restricted funds - thgse org funds that¢8n only be u88d forp8rticular rggtrlctad purpo809 ￿tAIn the object8
of the charity. Restrlctlon8 arlse when 8peclfied by the donor or when funds are ralsed tor p8rticuL8r
restrl¢ted purposes.

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
2. In¢om•
Unre8trictéd R•8trlGtod
Fund8
Ftsnds
2024
2024
Total
2024
Total
2023
Donatlons & l8gacl89
Offerings- plonned giving & one-off gifts
Grants
Income tax reclalmed
26,194
26.194
28,000
5.787
S7.524
28,000
5.757
31,951
28.000
59,981
57,524
Charltable actlvltl••
Fee income Inotl
Lamps &votive candLe8
262
1.106
262
1,106
946
1,368
1.388
946
Othar tradlnq Incom•
Book Sales
Lottlngs Income- church prop8rt188
832
41,280
832
41,280
53,966
42,112
42,112
53.966
Inv•8tmont•
Rental tncome - r88id8nti81 propertl8•
29,940
3,986
15,566
29,940
3.986
15,566
69,890
Bank Interest
Dlvidends
49,492
49,492
59,890
124,923
28,000
152.953
172,326
3. Exp•ndltur• an R•l•lni Fund•
Unr•strlctod
Fund•
2024
R•strlcted
Fund•
2024
Total
2024
Total
2023
Costs of fund-raising 8ventsnee8
R8sldentlal propartles
Invegtment m8nagement costs
747
4.523
3,537
747
4.523
3.537
2.040
257
8,807
8.807
2.297
12

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
4. Exp•ndltur• on Charltabl• Aetlvltl
Unre$trl¢tod Restrlctod
Funds
Funds
2024
2024
Total
2024
Total
2023
Church life & outreach
Gifts & grants- to organisation8
Off ice ¢ost$
Provlslon of Church bulldln& fa¢llStles & equlpment
88,165
580
4,115
22,597
88,165
580
4.115
22.597
115,457
115,457
5. T•n11b￿ Flx•d A•••t•
Fr••hold
land &
bulldlng8
Co•t
At l January 2024
Additions
DIspos8Ls
1,045,000
At 31 December 2024
1.045,000
Doproelatlon
At 1 Jgnuary 2024
Charge forY88r
Disposa18
At 31 December2024
Not Book Volue
At 31 December 2024
1,045,000
At 31 December 2023
1,045.000
ALI the fixed 8s3frts oro used for ch8rltabl8 purposes. The freehold land and building con8lst of church buildlng8
locatedats. Siiasthe Martyr, S. Silas Place, London. NW53QP: HolyTrinity, Kenti¥hTown CLarenceW8y Lond￿ W1
8HR and a fiat123a Malden Road, London, NW5 3HYI.
6. Flx•d As••t Inv•$tm•nt$
13

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
2024
2023
Mark•t Value
At l January
Additions at cost
Sale proceeds
Net g8inlllo$sl on rev81uation
512.357
93.815
196.1771
9.988
512,357
At 31 D•combo1
519,983
512.357
Market value r•pr•s•nt•d by Inv•stm•nt$ In:
BondslFixed interest
Sh8re8
Commodltie$
Actively managed Strategi88
Cash
152,640
300.382
20.427
38,759
7,775
At 31 July
519,983
612.357
Co•t
BondslFixed Interest
Shares
Commoditie8
Actively managed strategies
Cash
162,148
242.729
15,059
35.709
7,775
At 31 July
463,420
The investments are held in the n8m8 of St Siiasthe Martyr& HolyTrlnlty St Barnaba8 and are held in the UK.
7. D•btor•
2024
2023
Income tax recoverable
Short tenn investment
Other
Inv88tment Manager Income Account
5,787
224
11.520
1,888
224
1.169
19.419
1.393
8. Cr•dltor4-Amount8 Falllnq Duo Wlthln One Y•ar
J4

PARISH OF ST SIIAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
2024
2023
Trading creditors
Agency Collection
4.013
4.060
5.618
4.060
8,073
9.676
.￿￿trIct•d Fund•
At1
January
2024
At31
Daoamber
2024
90 Curr•nt Y•or
Incom• Expondltur• Tron•for•
CBF
Fiow8rs
HT Bulldlng
HT LgndsTru8t
Property
SS Building
SS Fabrlc
SS L8nd Trust
224
1,623
1.051
{9.6171
1.045.000
2,986
3,951
12,7681
224
1,623
1,051
4.383
14,000
11,045,000)
2,986
3,951
11,232
14.000
1,042,450
28.000
26,450
A transfor of property from Restrictèd to Unrestrictod w85 recorded. Thls reci8sslflcotion corrects 8 prior period
mi3aUocation in which the property had been incorrectly a8818ned as Restricted.
At31
9b Prlor Y•ar
January
2023
D•comb•r
2023
Income Exp•ndltur• Tran8f•r8
CBF
Flowers
HT Building
HT Land Trust
Property
SS Building
SS Fabric
SS Land Trust
224
1.623
1,051
19.617}
1,045.000
2,986
3,951
12,7681
224
1.623
1.051
(9.6171
1.045,000
2,986
3,951
12,7681
1,042,450
1,042.450
15

PARISH OF ST SILAS THE MARTYR & HOLY TRINITY WITH ST BARNABAS
Notes to the Financial Statements
For the year ended 31 December 2024
Ro8trfat•d Fund•
The descriptions ofthe main funds are.,
CBF l Money from CCLA Investments
HT Building i Holy Trinity Church Building Fund
HT Lands Trust | Gr8nts to Holy Trinity from S. Pancras land8 trust
Property I Property owned by the Church
SS Buildlng I S. Silas Church Bulldlng Fund
SS Fabric | Roof Fund
SS Land Trust | Grants to s. SILas from S. Pancra8 lands trust
10. R•lat•d Party Tran•a¢tlon•
Thfr member8 ofthe PCC gave a total of £6,530.00 In unre8tricted offerings duringthe year.
There were no other related p8rtytran88Ction8
16