HOLY TRINITY
KENDAL PARISH CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
31 DECEMBER 2024

HOLY TRINITY PARISH CHURCH KENDAL
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
CONTENTS
Members, Annual Report
Independent Examiner's Report to the Members
Statement of Financial Activities
Statement of Financial Posicion
Notes to the Financial Statements

HOLY TRINITY PARISH CHURCH KENDAL
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
ADMINISTRATIVE DETAILS
Registered Charity Name
The Parochial Church Council of the Ecclesiastical
Parish of Kendal Holy Trinity
Charity Registration Number
1132947
Principal Office
Kendal Parish Church
Kirkland
Kendal
Cumbria LA9 SAF
Parochial Church Council
Clergy membets
The Revd Canon Shanthi Thompson
The Revd Ashley Henderson
The Revd Anne Underwood (resigned 30th January 2025)
Churchwardens
Richard Forsyth
Ann West
lan Fishwick (from 26ih May 2024)
Deonery Synod membets
Joan Carnaffin (from 26th May 2024)
Janet Thompson (from 26th May 2024)
Elected members
Paul Arnold
David Aspinall
The late Norma Bates (Vice Chair) (resigned 26th May 2024)
Janet Henderson (PCC Secretary) (from 26th May 2024)
Stephen Lockwood (from 26th May 2024)
Chris Magee
Beverley Moore (resigned 26th May 2024)
Graeme Moore
Anita Peat
Helen Platts (Treosurer)
Lucy Varney (from 26th May 2024)
John West (from 26th May 2024)
Kate Wright (resigned 20th January 2024)
Accountants
Lamont Pridmore (South Cumbria) Ltd
136 Highgate, Kendal LA9 4HW

MEMBERS, ANNUAL REPORT
Objectives
The primary objective of Holy Trinity PCC is the promotion of the Gospel of our Lord Jesus Christ
according to the doctrines and practices of the Church of England.
The PCC has the responsibility of co-operating with the Vicar, in promoting within the ecclesiastical
parish the whole mission of the church - pastoral, evangelistic, social and ecumenical. The Revd Shanthi
Thompson is the Vicar.
In developing the church's aims and objectives, we have considered the Charity Commission's guidance
on public benefit and in particular the specific guidance given to charities for the advancement of religion.
Kendal Parish Church shares the Diocese of Carlisle's Vision and seeks to grow God's Kingdom in
Cumbria by working with our Ecumenical partners to Follow Doily - helping each other to follow Jesus
more closely. Care Deeply - listening to our communities to serve them and to challenge injustice, Speak
Boldly - sharing our faith in Jesus in everyday ways. with all people and Tread Gently - protecting God's
creation. seeking to sustain and renew the life of the earch. In all we do, in prayer and worship, in
welcome and service and in pastoral care and outreach, we seek to embrace this vision and watch for
signs of the growth of God's Kingdom.
Our mission is to be a welcoming Christian community serving the people of Kendal.
Our Achievements in 2024
Under the leadership of our churchwardens Ann West, Dick Forsyth and lan Fishwiclc and our PCC
we have had 2 fruitful and busy year. As new people join our church family so the number of people
volunteering their time and talents to the upkeep and outreach of the church grows. This enables us
to both reach out in love and mission from the church and maintain our beautiful building. Our KCT
1000 project - Kendal Church ond Town l 000 years of shared history is gathering momentum. This will
enable us to restore our church building (we are on the Historic England's Heritage at Ris1< Register)
and open up our church to many new activities. We are also focusing on mission and outreach
headed up by our Leading Your Church into Growth group.
Prayer is behind all we do and as well as gathering for corporate prayer, members of the church use
our monthly Prayer Calendar and Lent and Advent books to pray privately for the needs of the
church. the world and its people. We continue to invice ochers to join us in our bimonthly Prayers
for Peace and some members atcend the prayer meeting before Town Council meetings. Prayer also
remains accessible for all with hundreds of names and requests being added to the prayer tree and
prayer chain each year.
Our choir and Kendal Choristers work hard and lead our worship beautifully. Both are attracting
new people and they are tackling new pieces to help us praise God in worship of many styles. We
are grateful for the work of Jonathan Bielby, our Director of Music, and Andy Plowman, our
Organist. Three members of Kendal Choristers were sponsored to attend Moreland Chorister
Camp this year and thoroughly enjoyed it.
The Gathering continues to evolve and embrace new ideas and styles including Café Church and
Feast on the Fourth. a monthly Bring ond Share lunch which allows us to build our fellowship and get
to know one another better. We were once again joined at the Gathering for two terms by students
from Capernwray Bible College who brought with them youth and enthusiasm and 2 willingness to
join in and help serve coffee.
We continue to celebrate the beauty of the Book of Common Prayer at our Sunday 8am and
Thursday l 0.30am services as well as at Evensong.

MEMBERS, ANNUAL REPORT
We are grateful to our miniscry team, lay and ordained. who worlc hard not just at our church but in
churches around che area who need extra help. l am also thankful for the ministry of The Revd
Ashley Henderson our Pastoral Minister. The Revd Rob McLellan, our curate, moved to St Thomas,
Church to complete his curacy and the PCC supported Chris Magee as he began to discern a call to
Reader ministry.
There were 160 members on the Church Eleccoral Roll at the 2024 revision (2023 - 173). Our
average Sunday attendance is 149 (2023 - 154).
The Revd Anne Underwood, our Pioneer Ministerlcommunity Worker, works with others across
che community and engages with young people across Kendal through the Detached Youth Work
Project. Anne has built a great tram and works with Captain Hilary Borchwick (Salvation Army) and
the Revd Kevin Huggett (URC) at the Salvation Army Hall running the Connect Café, which has an
emphasis on wellbeing and support.
We said goodbye to the Revd Michelle Woodcock, our Children and Family worker, who took up
the post of Priest in Charge of the Beacon Team during 2024, and were delighted to appointed Inese
Vaivode in her place. Inese has embraced her new role with enthusiasm and energy and continues to
run Messy Church, Lunch Club at Vicarage Park School. Sunday children's work with the Revd Jane
Markby and to assist with our choristers. In the summer we ran Wonderzone Holiday Club for
primary-aged children. welcoming new children to our church family.
The Revd Ashley Henderson and Beverley Moore, our Anna Chaplain, along with the Anna Friends
nd volunteers support those in our community in parricular need, with visits, Pastoral services and
prayer. The team regularly lead services of readings, hymns and prayers in five local care homes and
take Holy Communion on occasions too. Care home residents along with activity coordinators. staff
and family and friends, join the team for our monthly Tea Service. This short service of hymns,
readings and prayers is open to all. It is particularly accessible for those living with dementia and is
appreciated by all who attend. l am grateful for the time and dedication they put into this important
part of our ministry and outreach.
Thanks to the diligent work of Kendal Parish Church Environmental Action Group we were awarded
a Bronze Eco Church Award and are working towards the Silver award.
Our volunteer Welcomers, under the leadership of the Revd Howard Smith and Anne Smith, ensure
visitors and pilgrims find a warm welcome at Kendal Parish Church during the week. Coffee and
Cake continues to attract regulars and visitors and provides a friendly atmosphere and a place to
meet friends. During the school holidays we ensured there were activities in church with which
families could engage, These were well used and the feedback was encouraging. We engaged with
Heritage Open Days and welcomed many people from the local community to enjoy the varied
displays and activities we laid on.
Music is a much-loved feature of life at Kendal Parish Church and Andy Plowman has continued to
arrange our series of lunch-time organ recitals. These fundraising concerts have now become 2 regular
social event for our church and our community. The concerts are enthusiastically supporced and feature
recitalists. many of whom travel from other parts of the country. All monies donated at these recitals go
into the organ restoracion fund. In 2024, we were able to hold 19 concerts, raising over £3.000 towards
our organ renovation fund. On Passion Sunday the choir, with invited guests, performed Jonathan
Bielby's Seven Last Words, to great acclaim.
Our Christmas Tree Festival this year had over 30 charity trees, all decorated with the theme In the
Forest displaying amazing creativity. There was a large number of visitors of all ages from the town
and further afield. raising over £7,000 for local charities. We hosted Carol Services for our local

MEMBERS, ANNUAL REPORT
schools and organisations and our Christmas services were well atcended. With the generosity of
our regular givers we have been able to support Christian Aid, the Kendal Debt Centre and the
work of our new CMS Mission Partners who are working in East Asia.
We are grateful to The Kirkland Trust which generously provide5 financial support for major
restoration projects. This year the All Hallows Trust was wound up and the remaining funds
transferred to a restricted fund in the church accounts. Since the closure of the All Hallows Church
in 2002 the Trust ha5 granted £250,000 to SLbpport a range of fabric restoration and other projects at
Holy Trinity. The Friends of Holy Trinity continue to support the work of the church with financial
support for a range of projects including cleaning chLrrch vestments and sending the choristers to
camp.
We continue our ministry to che town of Kendal and the surrounding area and our Remembrance
Service was well attended by uniformed organisations and the community. We also welcomed our
Mayor and Councillors to our annual Mayor's Service in July.
Our work in the Helm Mission Community, with the parishes of Crosscrake, Natland. New Hutton
2nd Old Hutton. the United Reformed Church and the Salvation Army, continues to develop as does
our engagement with the other churches across the Kendal Mission Area. Together we support the
work of the Kendal and District Debt Centre, both prayerfully and financially.
We are delighted that in September 2024 we were awarded initial funding of £219.424 by the
National Lottery Heritage Fund for our KCT1000 project, to help us develop proposals for
significanc restoration work to the church building and other exciting improvements, We were paid
50/0 of this grant - 1109,712 - in 2024. We are currently working on detailed proposals for a
delivery grant to be submicted in 2026. This will enable us to carry out repairs to the tower and the
Bellingham Chapel Roof. We also want to open up the outer aisles of the church. install automatic
glass doors in the porch, a ramp at the main West doors and underfloor heating. We are also
exploring opportunities for community and visitor engagement. We are indebted to the gifts.
experience and wisdom of the KCT 1000 Project Board Chair Paul Arnold and our Treasurer Helen
Platts.
Financial Review
In 2024 total income was £430,124 (2023 £444,830) of which £188,515 (2023 £177,640) was
unrestricted income and £241.609 (2023 £267,190) was restricted income. Total expenditure was
£279,062 (2023 - £432,688) with unrestricted expenditure of £184,179 (2023 - £179,008) and restricted
expenditure of £94,883 (2023 - £253,680). This resulted in an operating surplus on unrestricted funds of
£4,336 (2023
a deficit of £1,368) and an overall surplus of £151,062 (2023
a surplus of £12.142)
which was due mainly to the payment in advance of the Development Grant of £109,712 from the
National Lottery Heritage Fund and the payment of the final donation from the All Hallows Trust of
£30.115.
The overall surplus for the year, taking into account the gain on investments was £155,957 (2023
£29,734). Thi5 comprised a SLrrplus on general funds of £6,538 (2023 - £8.034), a surplus on restricted
funds of £147.436 (2023 - £15,236) and a surplus on endowment funds of £1,983 (2023 - £6,464).
The church's total assets increased from £308,360 at the end of 2023 to £464,317 at the end of 2024. Of
this, £139,276 (2023 £132.738) related to unrestricted funds, £249,736 to restricted funds (2023
£102,300) and £75,305 to endowment funds (2023 £73,322).

MEMBERS, ANNUAL REPORT
Reserves Policy
The reserves policy agreed by the PCC refleccs its responsibility for the financial security of the
organisation and aims to..
accumulate an adequate level of funds to finance short-term reductions in income caused by
unexpected event5, This currently stands at 9 months, operating expenditure. The aim is to
maintain this at the current level.
generate annual operating surpluse5 to build up further reserves to be utili5ed over che next 3-5
years to fund the programme of maintenance and repairs identified in the latest Quinquennial
Inspection Review.
invesc our free reserves to earn interest which can be used to offset future operating and capital
expenditure.
Investment Policy
The PCC'S investment policy pursues a balance between risk and reward. All our investment assets are
now in CBF Investment Trust Units or COIF Ethic31 Trust Units. The trust units are managed by CCLA
Investment Management who pursue a socially responsible investment policy, which aims to restrict or
prevent investment in companies whose main business interests are in landmines, cluster bombs and
nuclear weapons, gambling, tobacco, alcohol, pornography. energy coal extraction or high interest credit.
Structure, Governance and Management
The Parochial Church Council (PCC) of Holy Trinity Parish Church Kendal is a corporate body
established by the Church of England. Ic is part of the Diocese of Carlisle. The PCC operates under the
Parochial Church Council Powers Measure 2nd is a charity registered with the Charity Commission.
Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting in
accordance with the Church Representation Rules. Each year the church encourages each attendee to
register on the Electoral Floll and stand for election to the PCC. Training is provided as the need arises.
There are three independent trusts which relate to the PCC:
The Kendal (Kirkland) Trust (registered charity number 1176972) which administers the carpark
which is held jointly by the trust and the Parish Hall Trust.
The Parish Hall Trust (registered charity number 510761) which holds and administers the Parish
Hall and along with the Kendal (Kirl<land) Trust holds the trusts, carpark.
The Friends of Kendal Parish Church a charity which seeks to attract funding from those who
value but do not necessarily attend the church.
The All Hallows Kendal Trust (registered charity number 1096979) which held the net sale proceeds of
All Hallows Church cogether with the final bank balances of that church in the form of investments for
the benefit of Holy Trinity PCC, was wound up during 2024 and the final cash balances transferred to
Kendal Parish Church.

MEMBERS, ANNUAL REPORT
Committee5 and Groups
The Standing and Finance Committee meets between full meetings of the PCC and is responsible for
budgetary control, investment strategy. Christian stewardship renewal, remuneration policy and
overseeing the maintenance and insurance of church property.
The PCC has set up groups focused on the following. reporting back on a regular basis to the PCC:
The Ministry Team
The Building Development Group
The KCT 1000 Project Board
Kendal Parish Church Environmental Action Working Group (KEPCEA)
World Mission
Safeguarding
The Children and Family Group.
Principal Risks and Uncertainties
The major risks to which the PCC is exposed have been reviewed and action is being taken to mitigate
those risl<s. The key risks are:
A lack of impact and engagement
activities currently being undertaken.
mitigated by the wide range of missional and worship
Our financial sustainability - mitigated by actions taken each year to achieve a balanced budgec
Safeguarding
mitigated by the actions we are taking to implement the Church of England's
Safeguarding policy.
Fabric repair
mitigated by the work of the Building Development Group and the work that is
underway to develop a detailed bid for restoration of the Bellingham Chapel Roof and the
Tower to the National Lottery Heritage Fund.
Health & Safety- overseen by the PCC.
IT Security - mitigated by our IT security arrangements.
Data protection - mitigated by che steps we have taken to respond to GDPR requirements.
The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure
2016 to have regard to House of Bishops, guidance on safeguarding children and vulnerable adults. The
PCC is committed to creating an environment which is welcoming and respectful and enables
safeguarding concerns to be raised and responded to openly, promptly and consistently. Carolyn
Nicholson is the designated Parish Safeguarding Officer. The Parish Safeguarding Officer works closely
with the Vicar and reports regularly to the PCC on safeguarding in the parish.

MEMBERS, ANNUAL REPORT
Going Concern
The PCC, having considered the church's current financial position and the budget for 2025 and the
associated risks and assumptions, have identified no materi21 uncerraincies that may cast doubt about the
ability of the church to continue as a going concern for at least twelve months after the signing of the
accounts. Steps continue to be taken to ensure that a break-even operating budget is established to
enable the church to maintain its current level of reserves and move to a position where ic is able to
generate surpluses to fund future church renovation and developmenc projects.
Future Plans
There will be a lot of work to be done to secure the funding needed to restore and develop our building
over the coming years but we are confident that with a commitment to faith, prayer and worship
undergirding all we do, God will guide and direct us.
The joys and challenges of life and ministry at KPC are many and are borne by a large number of people,
with some working many hours to enable all that we do, As we move ahead into the coming year we are
assured of God's presence with us and we trust the guidance of his Holy Spirit so that all we do will be
to his glory and for the spreading of the Gospel.
This Members, Annual Report was approved on I st May 2025 2nd signed on behalf of the PCC by..
The Rev'd Shanthi Thompson
Vicar of Holy Trinity Parish Church, Kendal

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL
CHURCH COUNCIL OF HOLYTRINITY PARISH CHURCH KENDAL
YEAR ENDED 31 DECEMBER 2024
report on the financial stacements for the year ended 31,, December 2024, which comprise the
statement of financial activities, statement of financial position and the related notes.
Respective responsibilities of members and examiner
The members are responsible for the preparation of the financial statements. The members consider
that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011
Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 201 l Act
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 145(5)(b) of the 201 l Act., and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity
Commission. An examination includes a review of the accounting records kepc by the charity and a
comparison of the accounts with those records. It also includes consideration of any unusual items
or disclosures in the accounts and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an
audit and consequently no opinion is given as to whether the accounts present 2 'true and fair view.
and the report is limited to those matter5 set out in the next statement.
A description of the scope of an audit of financial statements is provided on the Financial Reporting
Council's website at www.frc.org.uldauditscopeukprivate.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respecc of the charity as required by section 130 of the Act,.
or
2. the financial statements do not accord with those records. or
3. the financial statements do not comply wich the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which atcention shouSd be drawn in thi5 report in order to enable a proper understanding of the
acco
to
eac
Karl Burrell FCCA, MAAT
For and on behalf of Lamont Pridmore (South Cumbria) Ltd
Independent Examiners
136 Highgate
Kendal
Cumbria LA9 4HW

HOLY TRINITY PARISH CHURCH KENDAL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Endowment
funds
2023
Total
Unrestricted
funds
Restricted
funds
Total
Notes
Income and endowments
Voluntary income
Grants
140,238
28,816
8,934
4,165
5,231
1,131
188,515
9,638
218,946
400
149,876
247,762
9,334
8,089
5,231
9,832
430,124
133,554
267,189
6,619
6,633
4,677
26,158
444,830
Activities for generating f unds
Income from investments
Church activities
1,837
2,087
Other income
Total Income
8,701
239,522
2,087
Expendlture
Church activities
Total expendlture
432,688
432,688
184,179
92,796
2,087
279,062
Net Income before transfer
4,336
146,726
151,062
12,142
Tranfers
Gross transfers between funds - in
Gr05S transfer between fund out
60
340
400
13401
1601
14001
Other recognised galns and losses
Net gaifis/llossesl on investment assets
Net movement In fund5
2,482
6,538
430
1,983
1,983
4,895
155,957
17,592
29,734
147,436
Prior year adjustment
109
Total funds brought forward
132,738
102,300
73,322
308,360
278,517
Total funds Carrled forward
139,276
249,736
75,305
464,317
308,360
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
Notes I to 16 form part of these financial statements.
10

HOLY TRINITY KENDAL PARISH CHURCH
STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2024
2024
Endowment
Fund5
2023
Total
Unrestricted
Funds
Restricted
Funds
Total
Notes
Flxed asset$
Investments
110.945
19,207
74,248
204.41K)
199,505
Current as5etS
Debtor5
Cash at bank and In hand
10,786
24,816
35.602
950
11,736
262,842
274.578
2Z.213
99.168
121,381
236,969
237.919
1.057
1,057
Credltors.. amounts fallSng due wlthin one year
Net current assets
7.271
28.331
7,390
230,529
14.661
259.917
12,526
108,8S5
1,057
Total asse15 less current Ilabllities
139,276
249,736
75,305
464,317
308,360
Fund$ of the charlty
Unrestricted funds
Restricted funds
Endowment funds
139,276
139,276
249,736
75,305
464,317
132.738
102.300
73,322
308.360
249.736
75,305
75,305
Total charlty funds
io
139,276
249.736
Notes I to 16 form part of these financial statements. The accounts on pages l O to 20 were
approved by the board of trustees and authorised for issue on l si May 2025 and are signed on its
behalf by:
The Revd Shanthi Thompson
Chair
Helen Platts
Treasurer

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(a) Basis of preparation
These financial statements have been prepared in accordance with the Church Accounting
Regulations 2006, the Charities Act 201 l and the requirements of the Statement of Recommended
Practice
Accounting and Reporting by Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and the Republic of Ireland. (FRS 102).
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law.
They do not include the accounts of church groups that owe their main affiliation to another body,
nor those that are inform21 gatherings of church members.
(b) Accounting convention
The financial statements have been prepared under the historic cost convention except for the
valuation of investment assets which are shown at markec value. Income and expenditure are
ccounted for on the accruals basis.
(c) Going concern
There are no material uncertainties about the church's ability to continue.
(d) Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience 2nd other factors, including the expectations of future events
that are believed to be reasonable under the circumstances.
(e) Fund accounting
Endowment funds are funds, the capital of which must be maintained,. only income arising from
investment of the endowment may be used either as restricted or unrestricted funds depending
upon the purpose for which the endowment was established.
Restricted funds represent..
income from trusts or endowments which may expended only on those restricted objects
provided for in the terms of the trust or bequest, and
donations or grants received for a specific object or invested by the PCC for a specific
object.
The funds may only be expended on the specific object for which they were given. Any balance
remaining unspent at the year-end must be carried forward as a balance on that fund. Where there
is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds of the PCC that are not subject to any restrictions regarding
their use and are available for PCC ordinary purpose5. Funds designated for a particular purpose by
the PCC are also unrestricted.

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
(fj Incoming resources
Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable
on Gift Aid donations is accrued for in line with the accounting period in which the related
donations were made. Collections and donations are recognised when received by, or on behalf of.
the PCC. Grants and legacies to the PCC are accounted for a5 soon as the PCC is notified of its
legal entitlement. the amount due is quantifiable and an inflow of economic benefit is probable.
Dividends and interest are accounted for when receivable. All other income is recognised when it is
receivable. All incoming resources are accounted for gross.
(g) Resources expended
The Diocesan Parish Share is accounted for when due. Grant5 2nd donations are accounted for
when paid over or when awarded, if an outflow of economic benefit is probable. Amounts received
for a specific missionary project are dealt with as restricted funds. All other expenditure is generally
recognised when it is incurred and is accounted for gross.
(h) Fixed assets
Consecrated and benefice property of any kind is excluded from the accounts by s. l 0(2)(2) and (c)
of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on
special trust for the PCC and which require a faculty for disposal are inalienable property unless
consecrated. They are listed on the church's inventory which can be inspected at any reasonable
time. For inalienable property acquired prior to 2000 there is insufficient cost information available
and therefore such assets are not valued in the financial statements.
Depreciation is provided on all equipment used within the church premise5 $0 as to write off the
cosc of valuation less residual value over its expected life as follows:
office equipment: on a straight-line basis over 5 years
computer equipment is depreciated at 40% per annum on a reducing balance basis.
Individual items of equipment with a purchase price of £ 1,000 or less are written off when the asset
is acquired.
The application of these policies means there are currently no fixed assets valued in the financial
statements.
(i) Current assets
Amounts owing to the PCC at 3 1st December in respect of fees, rents or other income are shown
as debtors less provision for amounts that may prove inalienable. Short-term deposits include cash
held on deposit either with the CBF Church of England Funds or at Barclays Bank.
li) Investments
Investments are valued at market value on 31 st December.

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Income
2024
Endowment
funds
2023
Total
Unrestrlcted
funds
Restricted
funds
Total
Income and endowments
Voluntary income
Planned giving
Collections
Contactless Giving
other donations
82,330
9,964
6,664
11,015
7,862
22,403
140,238
630
82,960
9,964
8,329
17,641
7,862
23,120
149,876
82,124
7,435
5.986
9,090
6,192
22,727
133,554
1,665
6,626
Church boxes
Tax recoverable on Gift Aid
717
9,638
Grants
Grants - recurring
Grants - one off
27,345
1,471
28,816
1,200
217,746
218,946
28,545
219,217
247,762
26,545
240.644
267,189
Activit5es for generatlng funds
Fundraising
Use of church
1,062
7,872
8,934
400
1,462
7,872
9,334
4,094
2.525
6,619
400
Income from Investments
Dividends
3,551
614
2,087
5,638
2,451
8,089
5,032
1,601
6.633
Bank and CBF Interest
1,837
1,837
4,165
2,087
Income from church actlvltles
Fees - weddings and funera15
5,231
5,231
5,231
5,231
4,677
4,677
Other Income
Sundry income
1,131
1,131
8,701
8,701
9,832
9,832
26,158
26,158
Total income
188,515
239,522
2,087
430,124
444,830
14

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure
2024
Endowment
funds
2023
Unrestricted
funds
Restricted
funils
Totsl
Total
Ministry: diocesan parish share
other minlstry costs
Worship
Music
Church running and maintenance
Major repairs
Administrative costs
Children a nd Young People
Charitable glving
Other
67,839
8,493
1.465
22,088
32,285
67,839
16,017
1,465
27,207
32,350
47,597
58,633
3,718
1,355
22,881
279,062
65,475
9.255
1,848
16,603
57,740
173.452
33,212
10,729
2,464
61,910
432,688
5,437
2,087
5,119
65
47,597
10,602
3,718
48,031
1,355
2,623
184,179
20,258
92,796
2,087
Independent examination fee
2024
2023
Fees payable to the independent examiner
1,956
1,956

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Staff costs
2024
2023
Total Staff Costs
Gross Sa laries
67,845
70,348
2024
2023
Number of staff
Pa rish Admin istrator
Vicar's PA
Children's Worker
Pastoral Care Worker
Cleaners
Music Director
Church Organist
Pioneer Minister
The average headcount of employees during the year was 8.4 (2023 - 9.0).
No employee received employee benefits of more than £60,000 during the year (2023 - nil).
Trustee remuneration and expenses
The Revd Ashley Henderson, an ex officio member of the PCC, has been partly remunerated from
the PCC'S Assistant Clergy Restricted Funds in respect of his role as a part-time Pastoral Care
Worker. His total remuneration for 2024 was £12,109 (2023 - £11,998), of which £8,932 (2023
£8,507) was for the role and part-time P2storal Care Worker, 2nd £3,177 (2023 £3,491) was fees
for conducting funeral and other services, funded out of services fees.
Janet Henderson, the Revd Ashley Henderson's partner, was employed as a part-time Parish
Administrator for the whole of 2024. Her total remuneration for 2024 was £12.462 (2023
£11.583).
During 2023, no expenses for travel and subsistence were paid to the Revd Shanthi Thompson
(2023 - £74) given that she received a grant direct from the Yeats Fund to cover her personal
expenses. In 2024 £140 (2023 £138) was paid to the Revd Rob McLellan.
A number of PCC members have acted as agents of the PCC and made approved purchases on its
behalf. Such expenditure is not personal to the trustee concerned, and as they are not personal
expenses need not be disclosed in the annual accounts.
16

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Investments
Unrestricted
funds
Restricted
funds
Endowment
lund5
Total
2024
Total
2023
Investments at market value I january 2024
Net Increase on revaluation
Investments at market value 31 Deiember 2024
108,463
2.482
110,945
18.777
430
72,265
1.983
74.248
199.505
4,895
204,400
181.913
17,592
199.505
19,207
All investments shown above are held at valuation on 31 st December.
The MW Will<inson Bequest was originally for general purposes and is invested in the CBF Fund. At
the end of 2022 a proportion of this investment, with a total value of £17.149, was transferred to
the Organ Renovation Fund to compensate for the drawdown of cash from the Organ Renovation
Fund bank account to fund general activities. The investment had a total value of £130,151 ac 31 st
December 2023 (2023 - £127,240) of which £ 110,945 was allocated to Unrestricted Funds (2023
£108,463) and £19,206 to the Organ Renovation Fund (2023 £18,777).
Endowment investment funds of £74,248 were held at 315t December 2024 (2023 £72,265). These
comprised the following:
Assistant Clergy Endowment Fund - £73,595 (COIF Income Fund)
Organist's Stipend Fund £653 (E Nicolson Bequest COIF Income Units)
Debtors
2024
2023
G ift Aid
VAT Refund
10,382
10,092
8,413
2,099
1,609
22,213
Grants
Sundry
1,354
11,736
Liabilities
2024
2023
Amounts falling due within one year..
Utitilities
Ch ristmas Tree Festiva I
Other creditors
Independent examiner's fee
2,791
7,426
2,488
1,956
14,661
3,198
5,573
1,895
1,860
12,526

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
10
Funds
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
2024
2023
Balance at I january 2024
Incoming Resources
Resources expended
Investment gains
Prlor year adjustment
Transfer between fu nds
Balance at 31 December 2024
132,738
188,515
1184,1791
2,482
102,300
239,522
192,7961
430
73,322
2,087
12.0871
1,983
308,360
430,124
1279,0621
4,895
278.517
444,830
1432,6881
17,592
109
12801
139,276
280
249,736
75,305
464,317
308,360
Restricted funds- these comprise the following balances..
2024
2023
KCTIOOO Development Project
Organ Renovation
Major Repairs IAII Hallows Trust)
Children and Young People
Chorister Fund
Anna Chaplaincy
Wellbeing Café
Border Regiment Chapel
Tower Fund
Thomas Haslam Belfry Account
Detached Youth Work
Ch ristmas Tree Festiva I
Baby/Toddler Group
Choir Music Fund
D Shaw Memorial Fund (for music)
Bibles
Flower Fund
109,624
80,452
30,115
9,811
6,679
3,917
3,007
1,245
965
619
798
597
563
551
520
273
71,943
10,289
4,929
5,231
3,130
1,245
825
619
819
519
919
868
520
379
65
249,736
102,300

HOLY TRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
I I Summary of assets by fund
Unrestricted
Funds
Restricted
Funds
Endowment Total Funds
Funds
2024
2024
Investments
110,945
35,602
17,2711
139,276
19,207
237,919
17,3901
249,736
74,248
1,057
204,400
274,578
114,6611
464,317
Current assets
Creditors less than l year
Net assets
75,305
Insurance
2024
2023
Buildings and contents
Public and Prodicts Liability
Employer's Liability
Theft by ch u rch off icia Is
Legal expenses
36.4M
IOM
36.4M
IOM
IOM
10,000
250,000
IOM
10,000
250,000
13
Quinquennial inspection
The church's Quinquennial Inspection Review took place in 2021. A range of priorities for fabric
repair were identified on which the PCC continued to act in 2024.
14
Related party transactions
During the year the PCC received a donation of £24,270 (2023 £23.670) from The Kend21
(Kirkland) Trust and from the Parish Hall Trust from the proceeds of car parking.
In 2024 The Kendal (Kirkland) Trust made grants of £54,813 (2023 £190,496) towards the costs of
repair of the pinnacles and the porch. fundraising costs and various buildings surveys as the basis for
the preparation of the bid to the National Lottery Heritage Fund for the KCTI 000 project. A
further £1,200 (2023 - £1,200) was paid by The Kirkland Trust towards the costs of children's work
and £ 1,000 (2023 £1,000) in recognition of administrative support provided.
The All Hallows Kendal Trust (registered charity number 1096979) which held the net sale proceeds
of All Hallows Church together with the final bank balances of that church in the form of
investments for the benefit of Holy Trinity PCC. was wound up during 2024 and the final cash
balances of £30,115 transferred to Kendal Parish Church.
19

HOLYTRINITY PARISH CHURCH KENDAL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Future liabilities
There were no contingent liabilities at the year-end and no contracts for major works had been
placed.
The quinquennial inspection report has shown that major repairs are required to the fabric of the
church over the next five years including substantial repairs to the roof of the Bellingham Chapel,
and also to the tower and the Willis organ. During 2024, the National Lottery Heritage Fund
awarded a Development Grant to support work on detailed proposals for a major restoration and
re-ordering project to address these issues and to develop the church to enable greater community
engagement and heritage displays.
Other donations given by the church
In addition to the gifts and donations shown in the accounts, during the year £8,342 (2023 - £6.734)
was collected at funerals and special services 2nd was passed on to various charities.
A donation of £600 (2023 - £600) was made to the Kendal and District Debt Centre, of £505 to the
Church Mission Society {2023 - £500), and of £250 to sprin￿le1d Kendal, as parc of the Big Give
Initiative.
20