REGISTERED CHARITY NUMBER: 1135273 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for German Speaking Lutheran Church in EastAnglia
Gemian-speaking Lutheran chUh in East Anglla Financial Statements for the year ended 31 December 2024 Contents and Charity Inforniation Contents PAGE Report of the Trustees 1to8 Independent Examinerfs Report Statement of Financial Activities 10 Balance Sheet 11 Notes to the Financial Statements 12to16 Detailed Statement of Financial Activities 17to18 Trustees Dr B Becker Mrs B Ewald Dr B Finger-Bery Dr G Goldbeck Mrs S K Hathaway Miss M Longstaff Mr A C Emerson-moring Mrs H O'Kane Rev K Othmer Mrs D Rose Dr P Schutz Principal Address Shaflesbury House 4 Shaftesbury Road Cambridge CB2 8BW Charity Registration Numb8r 1135273 Ind8pendent Examiner Geoff Mann Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ Bankers Bank fur Kirche und Diakonie, Dortmund Barclays Bank Plc. Leicester HSBC Bank. Billericay. Essex Schroder & Co Ltd. London
German-speaking Lutheran Church in East Anglia Page 1 Financial Statements for the year ended 31 December 2024 Report of the Trustees The trustees presenl their report and the financial statements for the year ended 31 DecÈmber 2024. The financial statements comply wth the Chartties Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities Pfeparing their ffinancial statements in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 {effective 1 January 20191 Statement of Trustees. Responsibilities Charrty law requires the trustees to prepare financial ststements for each financial year give a true and fair view of the state of affair¥ of the thurth and of the surplus or deficit of the church for that year. In preparing those financial statements. the trustees are required to: Select suitable accounting policies and appty them consistently. Make judgements and estimales that are reasonable and prudenL Prepare the financial statements on the going concem basis unless it 1$ inappropriate to presume that the church wll continue in business. Observe the methods and principals of the Charities SORP. The trustees are responsible for keeping proper accounting records thich disdose vnth reasonable accuracy at any time, the finanual position of the church and to enable them to ensure that the finanaal ststemerrts comply yth the Charits"es Act 2011. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detedion of fraud and other irregularities. Objectivities and Activities Objectives, Organlsatlons and Actlvltles The objective for which this charity has been established is the advancement of the Christian religion. This is achieved primarily by providing church Servi$, pastoral care and other relaled activities ft)r Gemian speaking Protestant Christians The Church comprises 5 congregations. These are based in Cambridge, Norwich, Ipswich, Bury St Edmunds and in Essex. For a large part the Church's activities are undertaken for the benefit of its congregations and other Geman-speaking people living in East Anglia. The church is a member of the Synod of Gemian-speaking Lutheran. Reformed and United Congregations in Great Britain, referred lo as The Synod. under vthich the Gerrnan-speaking Protestant cor¢gregations'sud) as our church) are united in Great Britain.
Gemian-speaklng Lutheran Church in East Anglia Page 2 Financial Statements for the year ended 31 December 2024 Report of the Trustees Under the faithful, creative. encouraging and enthusiastic leadership of our full-time clergy, Pastorin Kerstin Othmer, in 2024, the Church has expanded its sharing of church activttie5 and expertise with the other congregations within the Synod. More about this later in this repo Publlc Beneflt The trustees have considered the Charity Commission's guidance on public benefit and. in particular, the specific guidan on chariti'es for the advancement of religion.. enabling ordinary people to live out their faith through the Church's ath"wts"es. Achievements and Pgrfoman¢o Charitable Activities, Achievements and Porfomian¢e The Trustees (also referred to as'church Council, Ilfjrchenvorstandl) are pleased to report that, during the year 2024, our church activitses have postb.vely engaged a wide range of people and enabled them to discover and to grow in the Christian faith and to experien and share in Christian fellowship. Our Church's five congregations have regular in4)erson church ServIS and Bible studies as well as many individual pastoral home visits which are increasingly necesstlated by the advancing age and decreasing mobilrty of a number of the church members. Each of these congregations highly values belonging lo a Gemian-speaking Christian church communtty while also being a base from lch to reach out and care for Ihe spirttual and emotional wellbeing of their fellow members, guests and visitors- and to their local ecumenical contacts. Additionally to in-person meetings. members of the East Anglian congregations {together with guests from further afield) met in weekly online devobonal b.mes during Lent and Advent and on other special occasions in the Church year. Members and guests also enjoyed taking part in several UK-wide online church services that were prepared by the constituent members of the Synod. Aside from the above mentioned church servrces. Bible studies. pastoral wsits and devotional timès there are also further actimties taking place during the year. These are generally developed by Pastorin Kirsten Othmer in cooperation wth dedicated volunteers from the church who assist with their skills, talents, spiritual input. insight and local knowledge. A description of some of these can be found in the next chapter.
Gemian4peaklng Lheran Church in East Anglla Page 3 Flnancial Statements for the year ended 31 December 2024 Report of the Trustees Highlights in the Year 2024 Events for and by all the generations During the summer. we lebrated not only the confimiation of three young people. but also several important anniversaries of confimiations for okler members. for example, 70 years Sin confimiation. We celebrated our Church's Summer Fete ISommerfesl} in July. It as delightful to welcome visrtors from the German-5peaking congregations of London East to this. A very enjoyable barbeque at the end of Ihe summer school holidays was held in the garden of the Church House in Cambridge, After a long summer break it provided a good opportunty for the'regulars, to e1me new people. The annual congregational residential b*ekend was held on 11- 13 October at the Christian Conference Centre, The Pleasaunce, Overstand next to a beautiful Norfolk beach. Opening up the attendance at this weekend to indude other member churches of the Synod further enhanced the friendly and relaxed experience of Christian fellowship and it was a resounding success. The popular, intergenerational St Martin's Day Festsval in November was again attended by approximately 75 people. It attracts non churth and unthurched people from Cambridge and beyond. alongside regular church members and induded a puppet show and a lantem prO$S1on. An Advent Market {Adventsbasar}. lIe providing members wth much loved opportunities to celebrate amd soaalise wthin a GeanPeakIng cultural context, this also attracts guests wth no formal links to the church and leads to enhanced intercultural understanding In November, the church as registered bmth the Eco Church initiative. This is an 'A Rocha UK'S award scheme for churches in England and Wales who want to demonstrate that the Gospel is good news for God's earth.. Many aspects of our church life were assessed against the Eco Church catalogue of green credentials. We are pleased to have athieved the 'Eco Church Bronze Medal.. We have identified areas for future improvement in being an Eco Church in 2025. The Church has a spacious rear garden at the Church House in Cambridge. This proves to be immenseley useful, by nol only being a much appreciated space utilised for ouldooe churth activities, but also for providing a Spa that links us to local community groups. for example. to celebrate the anniversary of a thoir, enable meetsngs by a Taizé worship group or regular use by a nearby Montessori nursery group.
Gernian-speaklng Lutheran Church in East Anglia Page 4 Flnanelal Ststements for the year ended 31 Decgmbgr 2024 Report of the Trustees Children's and young peoplg's ¢hur¢h work During school term time. a dedicated team of volunteers have led Children's Church {Kindergottesdienst} in Cambridge. It then runs in parallel with the regular church services, unless there is already another children's event going to take pla in church that day, e.g. St Martin's Day Celebration. The team meets regularly for training, support and planning. While expertly tsught and equipped by Pastorin Othmer, the team have also developed into a neIrk promding personal and Christian fellowship support for each other. 3 young people from our congregation completed their year4ong confirmation preparation course, leading to their Confinnations during July. Followtng an unexpected Vacan of the pastorfs post in the congregab'ons ofwest London, our pastor together with Silke Halfmann. the pastor of the congregations of London East, had kindly tsken on addits.onal cOnfiatrOn classes and celebrated the confiming of0 groups ofyoung people. Internshlp The Church Council and the congregation are very gratefvl to Lydia Wemer for her month long internship in the work of our Church in the autumn. She contributed to the life of the Church in many ways. P2$torin Kerstin Othmer provided valuable prath.cal and theological guidance and professional development for her. Activities across Great Britain in 2024 Through her untiring commitment to theological education for children and young people and training for lay readers, Pastorin Kerstin Othmer contributes and leads on a number of national activitie5. Following commission of the Synod she leads. guides and implements face-towface and online trainingleducats.on days and weekend courses.. al for lay readers (PradikantenlPradikantinnen} from across Great Britain. The church base in Cambridge provided the location, facilities and hospitality for the residential weekend training in September. b) for people engaged in conducting Childn,$ Church in their respective congregations. Pastorin Othmer engages collaboratively with her colSeagues from the Synod on theological projects. Equally, she is ecumenically active by participating in and supporting local Christian Ne1works. At the Synod's Annual General Meeting in April 2024, Pastorin Othmer and Hildegard O'Kane from the Cambridge congregation were voted onto the Synod's Council of TTUStees {Synodalral} of currently only 5 trustees. Fulfilling these roles demands a high level of commitrnent in time, responsibility and in4epth communication. Their steding work in this context has been invaluable and exemplary.
Gemian-speaklng Lutheran Church in East Anglia Page 5 Financlal Ststements for the year ended 31 December 2024 Report of the Trustees Meetings of the Board of Tru$to0s IChur¢h Coun¢ll {Klrchenvorsland} In addition to the 9 online meetings throughout 2024. the Church Council also met in person in Bury St Edmunds, Suffolk from 16 to 17 February. This promded cherished time for Christian worship together as well as valuable time lo focus on imt)ortant operats'onal matters. Thanks to the expert guidance of extemal facilitator Burgunde Materfa. we identified and discussed the important topics conmIng the future of the Church. We agreed on pathways to take and how to implernent these duriT)9 the following months. The church AGM took place online on 9 June 2024. Flnancial Review General The church was able to further improve its financial p0SOn in 2024. thanks mainly to very generous contributs'ons, donations and legacies. The Trustees gratefully acknowledge the annual church members contiibutions, collections, general donations, and donations for specific church items and legacies received. In total they contributed a total of £74,597. {2023'. £59,072). Gift Aid daimed this year brought an additional £8.59812023'. £7,555}- Total investsment income brought a retum of £19,776, a similar amount to the previous year {2023'. £19,223) In 2024, the Church reiVed a generous grant of £1,499 from the Evangelische Kirche Deutschland IEKD) to SUPPOrt the costs of the exiemal facilitator for the annual Church Council retreat. Based on a wide range of church activities . including aclivilies to support confimations, children's activities, organisation of a joint weekend away for the whole Synod. and hosting visitors as well as interns from Gemiany, the church applied for a share of the grant the Synod received in 2024 from Ihe Schroders 1905 Trust (fomieriy Kaiser Wilhelm11 Fund}. With thanks the church received a total of £6,819. The Pastols Discretionary Fund is available for the PastorlPastorin to give financial help in individual cases of any hardship. During 2024 £140 was spent so the balance left as of 31 Dember 2024 is £155. No new allocation has been made towards this fund. Despite the currendy positive and Consolidated financial situation. the Tnjstees are aware of the longer temi financial challenges, relating to likely increases in costs for the PastorlPastorin. Maintenan of the building and also the risk of loss of cuent income. In 2024 the Trustees focussed on two particular avenues for the longer term sustainabilrty of the Church. One was the elaboration of detailed options regarding the future of the Church House. the other were interactions with other churches that are part of the Synod, to see how best to join for$ in the fuiure.
German-speaking Lutheran Church in East Anglia Page 6 Financial Statements for the year ended 31 December 2024 Report of the Trustees Restricted Endovmient Fund Thi5 fund is part of the Asset Transfer Agreement which became effective on 31 May 2013, when the fomier churches, each one a separate charity. merged to become one church and one single charity. The value of the fund is shown in a separate Endowment Fund column, and can be used for the purposes described in the Letters Patent of Chartes11, dated 13 September 1872. namely that the Fund's income can be spent in accordance wth the Church's general charbtable purposes, but the Fund's capital should be invested to generate income, and after careful consideration by the trtrstees. the capttal should onty ever be spent on projects that involve Ihe construclion, maintenance or improvement of buildings used by the Geman-speaking Lutheran Church for purposes which fall within the trusts set out in the Letters Patent. During 2024 there were no withdrawals from the Restricted Endowment Fund. Investment pollcy and objectlves Part of the income of the Charity is derived from lis investments. The investment managels objective is to maximise total retum wth due regard for risk, wtlh an ethical and responsible investment portfolio and to report regularly via the Treasurer to the Trustees. The trustees remain committed to a long term investment policy aiming to protect the real capital value whilst generating a sustainable level of income to fund current expenditure. Reserves policy The trustees are aware of the general legal duty to apply charitable funds wthin a reasonable time of receiving them. In 2024 the tnjstees reviewed and fomialised the Reserves Policy of the Church. In particular, hawng perfomied a review of current and previous yearfs fund5, and after rewewing the church's current position. the trustees are of the opinion that the church shouhl hold in unrestricted reseNes approximately 12 months operating capital. not laking into account option21 spending items and major building repairs. On that basis, the trustees agreed that the total unrestricted reseNes should be at least £90,000. This total indudes designated amounts of £60,000 for tts annual Synod Contribution. £2,000 towards the purchase of the next church car and the remaining £28.000 being general unrestricted and not designated reserves. In addition, the trustees are also of the opinion that Restricted Endowment is more than adequale a reseNe for potential major building reserves. The total Reserves freely available for distribution held at 31 Dember 2024 were £169.066, consisting of £103,051 in freely available funds and £66.015 in designated funds.This amount more than covers the the required level of reserves. It is also higher than the £134.374 2023 year end figure which consisted of £70,933 as freely available and £63.441 as Resticted for Synod Contribution.
German4peaking Lutheran Church in East Anglia Page 7 Financlal Statements for the year ended 31 De¢embor 2024 Report of the Trustees structure, Governance and Managoment Governing Document The Church is controlled by its goveming document, a deed of trust. and is constituted as an unincorporatsd charity. This charity is the resu of a merger in 2013 of tsvo former charibes." The 'Gerrnan Lutheran Church in Cambridge and East Anglia, (reg Chanty No 1135273) and the 'Hamburg Lutheran Church, {Reg Charity No 2511211 } Further detail regarding the history, merger and the subsequent arrangements for their Trust Property and administration of ndS can be found in this current Charitys Trustees Report for the year ended 31 December 2023. The structure. governan and management of this current charity are set out in the Constitution dated 11 November 2009, as amended on 18 May 2013. and as amended on 27 June 2021. The last amendment to the Conslilution was approved by the AGM on 12 June 2022 and notified to the Charity Commission. Since 15 Dernber 2020, the propety and land of Church House. 4 Shaftesbury Road, Cambridge. CB2 8BW is vested in the official Custodian for Charibes on behalf of the trustees of the Gennan speaking Lutheran Church in East Anglia. Governance and management related For better transparency, the Church Council has compiled the various aspects of its financial manangement into one new document, the 'lnternal Financial Control Policy- Version 1.. The final version was approved in February 2024. A 'ProcedurelSafeguarding Handbook- Version 1, has been introduced and approved by the Church Council in July 2024. It is designed to provide Staff, whether paid or volunteers, and the members of the congregations with dear instructions and guidance on how to implement the Church's Safeguarding Children, Young People and Vulnerable Adutts Policy. The Church has conlinued to provide both traditional and new foms of church setvices and other church activities and events for children, young people. farnilies and all ages. Throughout the year there has been shared worship and prayers, Bible meetings. music and spiritual support for people across the region and pastoral care to people in need at times of hardship. anxiety. isolation, illness or bereavement The Church Council would like to thank Pastorin Othmer, for her spiritual guidance. imagination and energy, hard work and support in all areas of the practical and spiritual life of the the church.
Gernn-sPelk1nq Lutheran Church In East Angl Page 8 Flnanclal Statemerrts for the ended 31 December 2024 Report of the Trustees Her work in the church ministry is very much supported and enhanced by Ihe many volunteers. Church Council members. children's team, lay preachers. neWStter team and many members of the congregations acro55 the region. and all of these peop deserve equal thanks for all their time and work given lo the Chufch, to enable people lo Itve oui their faith through the Church's adivrties. Reference and Adminisirntive Details Trustees from 1 January to 31 December 2024 Mrs B Ewald Dr B Finger-Berry Dr B Becker Mr A C Emerson-moring Dr G Goldbeck Miss M Longslaff Mrs S K Hathaway Mrs H O'Kane Rev K Olhmer Mrs D Rose Dr P Schtrtz The Trustee Report 2024 was written by Komelia Hathaway. Gerhard Goldbeck and Barbara Botraoi. The financial statements were approved by the Trustees on 11 June 2025 and slgned on their behalf. Mrs S K Hathaway Trustee Dr G Golobeck Trustee
Gemian-speaking Lutheran Church in East Anglia Page 9 Financial Statements for the year endèd 31 December 2024 Independent Examiner's Report To the Trustees of Gemian-speaking Lutheran Church in East Anglia I report to the trustees on my examination of the financial ststements of the church for the year ended 31 December 2024 which comprise the statement of financial activities. the balance sheet and the related notes. Respective Responsibilities of tho Trustees and the Examiner As the church's trustees you are responsible for the preparation of the financial statements in accordance the requirements of the Charits'es Acts 2011 ('Ihe Acr,). I report in respect of my examination of your church's financial statements carried OLrt under section 145 of the Act, and in carrying out my examination I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. Independent Examiner's Report I have completed my examination. l 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.. the accounting records were not kept in respect of the church as required by section 130 of the Act: or the financial statements do not accord V4ith those records; or the financial statements do not comply with the applicable requirements conceming the fomi and content of financial statements set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fairf view Ithich is not a matter Considered as part of an independent examination I have no concems and have come across no other matters in connection wtth the examination to which attention should be brought in this report in order to enable a proper understanding of the financial statements to be reached. Geoff Mann Geoff Mann Ltd Dee House Highworth Avenue Cambridge $3 J. loL3,
Gemian-speaking Lutheran Church in East Anglla Page 10 Financial Statements for the year ended 31 December 2024 Statement of Financial Activities 2024 Total funds 2023 Totsl funds Unrestricted Designated Endowment fvnds funds funds Notes Income and Endowments from Donations and legacies Investments other 83.195 19.776 30,65Q 83,195 19.776 30,650 66,627 19,223 27,831 Total 133,621 133.621 113,681 Expenditure on Church activities 102,869 102,869 104,779 Total 102.869 102,869 104,779 Net gainsl(losses) on investments 1.366 2.574 14,540 18,480 11,992 Net In¢omel(Expenditure) 32.118 2,574 14,540 49,232 20,894 Transfers between funds 1(h) Net Movement in Funds 32.118 2.574 14.540 49,232 20,894 Reconciliation of Funds Total Funds Brought FonNard 70,933 63,441 358,330 492,704 471,810 Total Funds Carried Forward 103,051 66.015 372.870 541.936 492,704 Statement of Total Recognised Gains and Lossos There were no recognised gains or losses for 2024 or 2023 other than those included in the Statement of Financial Activities
Gernian4peaking Lutheran Church in East Anglla Page 11 FinaTrcial Staternents for the year ended 31 December 2024 Balance Sheet 2024 2023 Nole5 Fixed Assets Tangible assets Investrnenls 3.342 474.907 6,684 456.427 Total fixed assets 478.249 463.111 Current Assets Debtors Cash al bank 8,598 57.244 24.083 Total Current Assets 65.842 31.638 Creditors.. amounts falling due v*ithin one year 2.155 Net Current Assets 63.687 29.593 Net Assets 541.936 492.704 The Fund5 of the Charity UnS1Cted Funds General fund Designated fund for new vehide 101.051 2,000 58,147 2,000 103.051 70,933 63,441 Designated Funds Total Unrestricted Funds Endowrnent Funds Endowed lnvestffnts 169.066 372.870 134.374 358,330 Total Charity Funds 541,936 492.704 The financial statemènts le apF)roved by the trustees on 11 June 2025 and signed on their behalf. Mrs S K Hathabyay Trustee Dr G Gvldbeck TNslee
Gernian4peaking Lutheran Church in East Anglla Page 12 Financial Statements for the year ended 31 December 2024 Notes to the accounts Accounting Policies (a) Basis of Preparation of the Accounts The a¢¢ounts have been prepared in accordance vAth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {Effective 1 January 2019) - (Charities SORP {FRS 102)}, the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102} and the Charities Act 2011. German Speaking LLrtheran Church in East Anglia meets the definition of a public benefit enlity under FRS 102. Assets and liabilities are initially recognised at historical c05t or transaction value unless otherwise stated in the relevant accounting policy note{s). The trustees consider that there are no material uncertainties about the charitys ability to continue as a going concem. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a signtficant risk of causing a matertal adjustment to the carrying amounts of assets and liabilities wthin the next reporting period. (b) Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be received and the amount Can be measured reliably. (¢) Expendituro Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistenet with the use of resources. {dl Tangible Flxed Assets Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows= Motor vehicles 20% straight line basis
Gernian4pèaklng Lutheran Church in East Anglia Page 13 Financial Statements for the yoar ended 31 De¢ember 2024 Notes to the accounts {e) Fixed Asset Inveslments Investments are stated at market vallue at the balance sheet date giving rise to unrealised gains or losses which are tsken into the Statement of Financial Activities. Realised gains and losses are shown separately in the Slataement of Financial Activities calculated as the difference between proceeds and historic cost. Investment income and its tax related credit are taken into account on a re1vable basis. ifj Debtors Trade debtors and other debtors are recognised at their setttement amount due after any trade discount Offed. Prepayments are valued at the amount prepaid net of any trade discount due. 19) Creditors and Provisions Creditors and provisions are recognised where the charity has a psent obligation resulting from a past event that wll probably result in the transfer of funds to a third party and the amount due to setue the obligab.on can be measured or estimated reliably. Creditors and provisions are nom)ally recognised at their settlement amount after allowing for any trade discount5 due. (h) Fund Accounting Unrestricted fvnds are available to spend on activtbes that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discrekn.on to set aside to use for a specific purpose. Restricted nds are donations which the donor has specified are to be solely used for particular areas of the charitys work or for specific projects being undertaken by the charity. Endowment funds are donated with the intention of their being used in perpetuity. The endowment fund was created with a transfer of assets from the Hamburg Lutheran Church in 2013 and continues to be administered in accordance with its original purpose, which is lo generate InMe trom managed investments that is to be spent on continuing the charitable objectives of the church. The Irustees are. as part of furthering charitable objectives. entitled to spend the underlying Capital for projects that involve Ihe construth"on, Maintenan or improvement of buildings used by the church for the purpose of their charitable aims. Foreign Currencles Assets and liabilities in foreign CaJenC1eS are translatred into steding at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differen$ are tsken into account in arriving at the operating result
Gemian-speaking Lutheran Church in East Anglia Page 14 Financial Statements for the year ended 31 Decomber 2024 Notes to the aGcounts Other Income 2024 2023 Bazaars, sales, sommerfest etc Collections for charities other income Rental income Weekend retreat 2,394 1,177 2,410 18,374 6,395 3,873 2,682 2,561 15,711 3,004 30,750 27,831 Staff Costs The German Church Pastor was paid direct by the Synod of Gemian Speaking Lutheran, Reformed and United Congregations in Great Britain, of which the thurch's contribution is £60.000 (2023 = £55.000) Truste8s' Remuneration and Benefits There were no trustees. remuneration or other beneffts frir the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees. expenses Trustees were reimbursed a total of £1.931 (2023 = £830) in respect of expenses incurred in their capacity as trustees. In addition. the German Church Pastor, who is also a trustee, was reimbursed a total of £2,034 {2023-£4,226) incUed in the course of her work as the minister of the church. Tangible Fixed Assets Motor vehicles Cost At 1 January 2024 and 31 December 2024 16,710 Depreciatlon Balance at 01.01.24 Charge for the year 10,026 3,342 Balance at 31.12.24 13,368 Net Book Value At 31.12.24 3,342 At 01.01.24 6,684
Gemian-speaking Luthernn Church in East Anglia Page 15 Financial Statements for the year ended 31 December 2024 Notes to the accounts Fixed Assets Investments 2024 Market value 2023 Market value National Savings Income Bonds Shares 1,000 473,907 1,000 455,427 474,907 456,427 Market value at beginning of year Net gainllloss) on disposavrevaluation Disposal proceeds 455,427 18,480 444.372 11,992 -937 Market value at end of year 473.907 455.427 Debtors: due within one year 2024 2023 Gift aid tax claim Prepayments 8,598 7,555 8.598 7.555 Creditors: due within one year 2024 2023 Accruals Pastor's discretionary fund Payments in advance 1.000 155 1,000 1,500 295 250 2.155 2.045 Related Party Disclosures There were no related party transactions in Ihe year that required disclosure.
Gemian-speaking Lutheran Church in East Anglia Page 16 Financial Ststements for the year ended 31 December 2024 Notes to the accounts 10 Analysis of Net Assets between Funds 2024 Total Funds Unrestricted Designated Endowment Funds Funds Funds Tangible fixed assets Fixed Asset Investments 3,342 35.022 3,342 474,907 66,015 373,870 Fixed Assets 38.364 66,015 373,870 478,249 Debtors Cash at Bank Creditors Due wthin one year 8,598 57,244 -2,155 8.598 57,244 -2,155 Net Current Assets 63.687 63,687 Net Assets 102.051 66.015 373.870 541,936 2023 Total Funds Unrestricted Restricted Endowment . Funds Funds Funds Tangible fixed assets Fixed Asset Investments 6.684 34,656 6,684 456,427 63,441 358.330 Fixed Assets 41.340 63.441 358,330 463.111 Debtors Cash at Bank Creditors Due within one year 7,555 24.083 -2.045 7,555 24,083 -2,045 Net Current Assets 29,593 29,593 Net Assets 70,933 63,441 358.330 492,704
Gemian-speaking Lutheran Church in East Anglia Pago 17 Financial Statements for the year ended 31 December 2024 Detailed Statement of Financial Actlvlties: Income and Endowments 2024 2023 Donations and Legacies Contributions Donated serwce5 and facilities Donations Donations for baptisms and funerals Gift aid recovered Grants Legacies 44.051 4,469 14,545 225 8.598 8,307 3,000 31.881 3.918 14,273 1,945 7.555 7,055 83,195 66,627 Investment Income 19,776 19,223 other Income Bazaars. sales. sommerfest etc Collections for charitses Other income Rental income Weekend retreat 2.394 1.177 2,410 18,274 6,395 3,873 2.682 2.561 15.711 3,004 30,650 27,831 Total Income and Endowments 133.621 113,681
Ggnnan-speaking Luth•ran Chur¢h In East Anglia Page 18 Financial Staternents for the year ended 31 December 2024 Detalled Statement of Financial Activities: Expenditurg 2024 2023 Charitable Activities Bazaars. sales, sommerfest etc Congregation and servitss Donations to charitses Hire of churches and halls Newsletter Organist fees Pastoral candidateSaY preathers Synod contribution Weekend retreat 636 1,032 1,177 1,548 580 1,940 1.096 1,898 2,682 1,447 638 1,880 99 55.000 7,044 60,000 9,844 76,757 71.784 Management Counal tax and insurance Gardener, cleaner and admin Heat. Light and water Motor vehide refurbishment Propety Maintenan and refurbishmer 4,221 1,928 2.810 3,342 5,524 4.038 2,818 3,400 3,342 10,039 17.825 23,637 Govemance costs Accountancy and legal fees Motor and travel ststionery, postsge 2nd telephone 2.192 4,099 1,996 3.073 3,954 2,331 8,287 9,358 Total Expenditure 102,869 104,779