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← Anglican Consultative Council

2024-12-31-accounts

The Anglican Consultative Council

(A Charitable Company limited by guarantee)

Report and Financial Statements

for the year ended

31 December 2024

Registered Charity No. 1137273 Company No. 7311767

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The Anglican Consultative Council Report and Financial Statements for the year ended 31 December 2024

Contents

Reference and Administrative details of the Charity, its Trustees and Advisors 2
Officers of the Anglican Consultative Council 3
Annual Report of the Trustees 4
Independent Auditor’s Report to the Trustees 18
Consolidated Statement of Financial Activities 22
Consolidated Balance Sheet 23
Statement of Cash Flows 24
Notes to the Financial Statements 25

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The Anglican Consultative Council Reference and Administrative Details of the Charity, its Trustees and Advisors

Constitution

The Anglican Consultative Council (ACC) is a charity registered in England and Wales, registration number 1137273 and a company limited by guarantee, registration number 7311767. It was established by constitution subscribed to by the member churches of the Anglican Communion on 12 July 2010. The activities of the charitable company began 1 January 2011 upon transfer of the net assets and liabilities from the old unincorporated charity, registration number 27659.

Trustees

The Trustees, who are the members of the Standing Committee of the ACC, are incorporated under the Charitable Trustees Incorporation Act 1872. Those acting as Trustees during the year to 31 December 2024 and at the date of signing this report were the following:

The Revd Inamar Correa De Souza Aishi Sama Drong The Revd Tsz Leung IP Lay Canon Andrew Khoo Chin Hock Joyce Haji Liundi The Most Revd Azad Marshall The Most Revd Francis John McDowell The Rt Revd William Bahemuka Mugenyi The Most Revd Hosam Naoum The Most Revd Linda Nicholls (end of term 21st May 2024) The Most Revd Marinez Bassotto (appointed 13 November 2024) The Most Revd Dr Jackson Nasoore Ole Sapit The Revd Wendy Scott Canon Margaret Swinson The Most Revd and Rt Hon Justin Welby (end of term 6[th] January 2025) The Most Revd Leonard Dawea (appointed 1st May 2024)

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Officers of the Anglican Consultative Council

President

Currently vacant. The Most Revd and Rt Hon Justin Welby, Archbishop of Canterbury, end of term January 6[th] 2025.

Chair of the Standing Committee

Canon Margaret Swinson

Vice Chair of the Standing Committee

The Most Revd Hosam Naoum

Chair of Inter-Anglican Finance and Administration Committee Michael Hart

Secretary General

The Rt Revd Anthony Poggo

Registered Office

St Andrew’s House 16 Tavistock Crescent London W11 1AP

Auditors

Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP

Solicitors

Winckworth Sherwood 16 Beaumont Street Oxford OX1 2LX

Bankers

The Royal Bank of Scotland Plc 49 Charing Cross London SW1A 2DX

Investment Managers

CCLA Investment Management Ltd One Angel Lane London EC4R 3AB

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Annual Report of the Trustees

The Trustees are pleased to present their Report and Financial Statements for the year ended 31 December 2024.

Structure, Governance and Management

The Anglican Communion is a family of churches that are found in more than 165 countries around the world. The churches of the Anglican Communion are held together by bonds of affection and common loyalty. Beyond these deep family bonds of resemblance and affection, the Churches of the Anglican Communion have developed distinctive structures or “instruments” to enable, reflect, and deepen their communion with one another expressed through links with the Archbishop of Canterbury as a focus for unity, and the conciliar Instruments of Communion: the Lambeth Conference; the Primates’ Meeting; the Anglican Consultative Council (ACC).

The Chair of the ACC is Canon Maggie Swinson from the Church of England. The Vice Chair is Archbishop Hosam Naoum, Primate of Jerusalem and the Middle East. The ACC is supported by the ACO, which is led by Right Reverend Anthony Poggo, General Secretary of the Anglican Communion.

The governing document of the ACC is the Constitution to which the member churches of the Anglican Communion subscribe. As the only Instrument of Communion with a constitution, the ACC exercises functions on behalf of the other Instruments as well as on its own behalf, mainly the employment of staff at the Anglican Communion Office and the holding of funds.

Both the ACC and the Primates’ Meeting elect a standing committee. In an effort to draw the instruments closer together and strengthen the common life of the Communion, the members of the Primates’ Standing Committee are ex officio members of ACC and the two Standing Committees combine to form the Standing Committee of the Anglican Communion. This Standing Committee, the membership of which are the Trustees and Directors of .he Anglican Consultative Council, meets annually face-to-face and on at least two further occasions each year via conference call.

Procedures have been put in place to ensure that the Trustees are made aware of their responsibilities at their first meeting and receive a further briefing at the start of the annual face-to-face meeting.

The Trustees are aware of the complexity of the relationships with other organisations within the Anglican Communion. Of particular significance is the common interest in pursuit of its charitable objectives that the ACC shares with the Lambeth Conference company because the Lambeth Conference is one of the Instruments of Communion.

The Trustees consider that the Secretary General, supported by the Management Team, comprises the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day-to-day basis.

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The Anglican Communion Office (ACO), based in London, is the permanent secretariat for the Instruments of Communion. The secretariat is responsible for organising all meetings of the conciliar Instruments of Communion, as well as organising and supporting the Commissions, Networks and working parties of the Communion. Funding comes from the Inter-Anglican budget to which all member churches are invited to contribute according to their means. Member churches are also invited to contribute to special projects, and emergencies that arise.

Public Benefit

The Trustees believe that the Christian faith is of benefit to individuals and to society since it works towards a holistic vision of a transformed and peace-filled community and the flourishing of humankind and all creation. The stated objective of the ACC is ‘to advance the Christian religion and in particular to promote the unity and purposes of the Churches of the Anglican Communion in mission and evangelism, ecumenical relations, communication, administration and finance’. In pursuing this objective, the ACC serves the Anglican Communion’s life and work within God’s mission. The Communion has set out its understanding of this life and work in its Five Marks of Mission :

These Five Marks of Mission serve as a guide and help the churches within the Communion to live out mission in their local contexts and in a variety of ways.

In preparing this report the Trustees have complied with their duty to have due regard to the public benefit guidance published by the Charity Commission.

Risk Management

During the year, the Trustees reviewed the risks to which the charity is exposed and took steps within their powers to mitigate these. Management undertook a thorough review of all risks and split the register in to two; one register for operational risks and one for political risks. The Standing Committee received the updated and amended risk register and adopted it on the 24 February 2025. The Trustees policy is to have a thorough review of risk at least annually and to make changes to the risk register as required.

The most significant risks are related to potential division within the Anglican Communion over issues of polity, and doctrine, action is being taken to address these through the Instruments of Communion. A risk remains around dependency of income from a small number of sources, and this is being addressed through a strategy for income diversification and improving donor relationships.

Objective, Achievements and Activities of the Anglican Communion Office

The Anglican Communion Office (ACO) is the secretariat of the Anglican Communion, a worldwide network of Anglican churches, in over 165 countries. Encouraging Christian unity and mission, the ACO serves to strengthen the life of the Anglican Communion.

Our priorities are:

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The ACO is divided into operational departments:

The activities of the Anglican Alliance, whose finances are incorporated into the Financial Report of the ACC, are described in this report.

The Anglican Communion has authorised Networks and Commissions which are supported by ACO staff including a Commissions and Networks Support Officer. Their activities are also described in this report.

The Secretary General’s Office

Leadership and management of the ACO

The Secretary General is responsible for the leadership and management of the work of the ACO and for carrying forward the meetings and work of the ACC, the Standing Committee, the Primates’ Meeting, and the Lambeth Conference. A key role of the ACO is to facilitate the Instruments of Communion. Servicing and supporting all of these meetings is a major component of the work of the ACO and it is a privilege for the Secretary General and all ACO staff to meet colleagues from around the Communion through these meetings. Administration, governance, and logistics are delegated under the leadership of the Secretary General to the directorate of Administration and Logistics.

The Secretary General maintains a close working relationship with the Archbishop of Canterbury as one of the instruments of the Anglican Communion and a focus for unity of the Communion. Staff from the ACO work closely with Lambeth Palace staff on issues relating to the Anglican Communion. This is particularly important during the current interregnum between 105 and 106, and as the process of the Crown Nominations Commission for Canterbury is taking place.

In the absence of an Archbishop of Canterbury, some of the responsibilities related to the Anglican Communion have been delegated to the five Primates of the Primates Standing Committee, to work alongside the Secretary General and the Chair of the ACC.

The diplomatic and representational role of the Secretary General

An important part of the role of the Secretary General is to visit widely the member churches of the Communion with a mission of encouragement, learning, prayer and fellowship. Bishop Anthony’s mission and priorities in his role include continuing to visit all of the Member Churches of the Communion, to build relationships and support the 42 Provinces of the Anglican Communion. As of spring 2025, Bishop Anthony has visited 27 Provinces of the Anglican Communion.

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Despite the differences and divisions in the Communion, it is extremely important for the Secretary General to ensure that all voices are heard, particularly smaller provinces.

Archbishop Julio Murray chairs a group to work on Phase 3 of the Lambeth Conference, including work on the Lambeth Calls, which relate to key areas of the ACO’s work. Bishop Jo Bailey Wells will shape this work, as part of her role as Bishop for Episcopal Ministry in the Anglican Communion Office. The aim is to enrich the life of the Anglican Communion as we seek to be God’s Church for God’s World.

Administration and Logistics

The department for Administration and Logistics is responsible for administration, governance and logistics under the overall leadership of the Secretary General as the senior employee of the ACO. The department is structured so that there is a director as well as a Governance officer and an Events and Travel officer.

In 2024 the team organised the ACC Standing Committee meetings in Rome.

The Instruments of Communion

The Lambeth Conference

The Lambeth Conference Company is an independent charity set up for the purpose of delivering the Lambeth Conference. Given that the most recent Lambeth Conference defined this as a journey in three phases this work has become more on-going in its character. (Phase 1: ‘listening together’ (2021/2022) featuring online gatherings and conversations; Phase 2: ‘walking together’ (July-August 2022) for the in-person event in Canterbury; and Phase 3: ‘witnessing together’ (2023-2026) to take forward outcomes and build on the Lambeth Calls.)

Phase 3 is sustained by the ACO’s EMAC team, under the direction of a steering group chaired by Archbishop Julio Murray of Panama. Bishop Jo Bailey Wells, who also serves as deputy Secretary General, leads in this area. In this way the Lambeth Conference continues to connect and resource bishops and their spouses.

ACC-19

The 18th meeting of the Anglican Consultative Council (ACC) was held in Accra, Ghana, in February 2023. The meeting was hosted by the Church of the province of West Africa and 170 people were present. The 19th meeting will be held in Belfast, Ireland in June 2026.

ACC Standing Committee

The ACC Standing Committee met three times in 2024, once in person. The ACC Inter-Anglican Finance and Administration Committee (IAFAC) also met three times and reported to the Standing Committee. The Standing Committee discusses the implementation of ACC resolutions as well as governance matters regarding the ACO.

Primates Meetings

The Primates of the Anglican Communion met in the spring of 2024 in Rome, hosted by the Anglican Centre of Rome. The meeting will be a time of pilgrimage and prayer as well as business sessions. The Primates will have an audience with His Holiness, Pope Francis and will learn from the Roman Catholic church on their work on synodality.

Gender Justice

The Director for Gender Justice (DfGJ) (ACC and Anglican Alliance) works to achieve equality between men and women through the transformation of structures, systems, processes, policies, procedures that promote gender equality and justice in all areas of life. This includes discipleship, formation, healthy relationships, preventing and ending

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gender based violence, trauma informed care for survivors, and advocating for policies and procedures to be in place, implemented and funded. This work takes place at every level of the Communion and with both governmental and non-governmental bodies, including high level fora such as the United Nations. The Director for Gender Justice is the lead Director to the International Anglican Women’s Network, International Anglican Family Network and the Safe Church Commission.

Over the last year the Director for Gender Justice has been involved in the following work. The ACYN Management Team requested training in gender equality and justice, including a theological perspective. This took place in August in Jordan with ten members four female six male participating in the training of trainers programme. The course comprised of 20 sessions, created and delivered by the Director for Gender Justice. Taking a relationship based approach to gender the course covered identity in Christ, societal influences, power, gender-based violence, advocacy and safeguarding to name a few.

The 68[th] session on the UN Commission on the Status of Women focussed on ‘’Accelerating the achievement of gender equality and the empowerment of all women and girls by addressing poverty and strengthening institutions and financing with a gender perspective”. This is a key area that the Anglican Communion, the Anglican Alliance and the Mother’s Union can speak into and share positive progression on addressing poverty. The joint ACO/MU delegation proved an constructive combination with delegates speaking on a variety of panels across the two weeks of the session. The ACO co-facilitated two webinars in conjunction with the MU and Episcopal Relief and Development. The first of the webinars was ‘What works – Anglican churches and organisations transforming poverty and gender-based violence’. Bishop Rachel Treweek chaired a discussion with Mathilde (Burundi), Alice (Pakistan) (sadly now deceased) and Lulama (youth representative based in South Africa) about what genuinely results in change in communities experiencing poverty and violence. Approx 30 guests joined online. The Second involved all the of the female African Six Bishops who joined online. The so-called ‘Africa Six’ are Bishop Filemona Teta of Angola, Bishop Vicentia Kgabe of Lesotho, Bishop Dalcy Dlamini of Eswatini, Bishop Elizabeth Awut of South Sudan, Bishop Rose Okeno of Butere of Kenya and Bishop Emily Onyango of Bondo of Kenya.

Safe Church Commission

Much of the wok of the Safe Church Commission this year has focussed on the delivery of the Lambeth Call on Safe Church, the first ever global safe church conference in Bulawayo, Zimbabwe and four ‘how to’ resources in easy to read formats. The Commission met in Malaysia at the end of January to plan for the year. This proved an essential and productive time. At the end of the week a day’s training on safeguarding was delivered by the Director for Gender Justice and the Safe Church consultant, Kim Barker. Next year the SCC aim to have a shorter and smaller regional conference in Mexico. Please see separate report from the Safe Church Commission for further details on the aforementioned.

Links with the Catholic Pontifical Commission on the Protection of Minors (PCPM) has been established. Two meetings have taken place this year with a real desire to come together and share learning. This will be taken forward in 2025 to see what is feasible and possible. A Catholic Archbishop was invited and attended the first day of the Safe Church Conference in Bulawayo. Two other members of the PCPM were also invited but sadly were unable to make it. A presentation on safeguarding was made to IARCUM during their meeting in the UK on the work of the Commission and the need to continue to develop and implement safeguarding practice.

The amount of work delivered for the Safe Church Commission this year lead to an internal adjustment in the role with two days a week being spent on the ACO work and three days a week for the Alliance to accommodate the extra work of the Safe Church Commission.

International Anglican Women’s Network (IAWN)

The IAWN Steering Committee met for the first time since COVID-19 in the UK in June this year. There was a real sense of joy and delight at finally being able to meet together and share with one another. During this time there was a change in leadership of IAWN. Rev’d Helen Van Koevering of TEC is now the Chair with Hera Clarke Dancer as Deputy Chair of IAWN. Elections were also held this year to refresh the steering committee. As a result IAWN now has its first member from South America. During their week in the UK the group were able to celebrate eucharist at the ACO and also evensong at Westminster Abbey. It was an encouraging time all round with the member from South America

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stating how much she appreciated seeing female vicars and a Bishop given that ordination is not permitted in her province. Seeing women in leadership is important.

The Anglican Communion Office at the United Nations

The UN team at the Anglican Communion Office enables the Communion’s voice to be heard on global issues and develops local partnerships between churches and UN missions as they respond to crises, particularly conflict, reception of refugees and climate change. We highlight the insights and needs of local communities around the world, prioritising those most often excluded or negatively impacted - including women, indigenous communities and young people. We bring together our churches’ trusted, resilient networks and abilities to change hearts and minds, with the UN’s scale and expertise. Ultimately this is all in service of furthering the five marks of mission – sharing the good news of Jesus Christ in how we respond globally to need, conflict and injustice for the flourishing of all creation.

A small team coordinates this work through UN centres in Geneva, New York and Nairobi, with a Director based at the Anglican Communion Office in London, who doubles as the Archbishop of Canterbury’s personal representative to the UN.

Significant features of this work in 2024 included:

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Unity, Faith and Order

The Unity, Faith and Order department organises and oversees all Anglican ecclesiological engagement at a global level, both between member churches and with other Christian Communions, and provides advice on doctrine, polity, and liturgy to the Instruments of Communion. Dr Christopher Wells serves as Director of Unity, Faith and Order; the Revd Neil Vigers serves as Programme Executive.

· The Inter-Anglican Standing Commission on Unity, Faith and Order (IASCUFO) met in Kuala Lumpur in December to discuss all matters pertaining to the work of the UFO department. The meeting in 2024 focused especially on planning next steps for the reception of The Nairobi-Cairo Proposals (which were published online in Dec. 2024).

A series of successful meetings of bilateral dialogues took place, including:

· The Anglican-Roman Catholic International Commission on Unity and Mission (IARCCUM) held a major summit in Rome and Canterbury in January 2024.

· The International Anglican Liturgical Consultation (IALC) met in Seoul in February.

· The Anglican-Lutheran International Commission on Unity and Mission (ALICUM) met in Singapore in March, to plan a summit of pairs of bishops for 2025.

· Neil attended the ecumenical seminar on the Feast of Christ in Creation in Assisi in March.

· The Anglican-Methodist International Coordinating Committee (AMICC) met in London in April.

· The Joint Declaration on the Doctrine of Justification (JDDJ) coordinating group met in Bern, Switzerland, in May.

· The Anglican-Roman Catholic International Commission (ARCIC) met in Strasbourg, France, in May. The topic is ecclesiology and moral discernment.

· The International Pentecostal-Anglican Commission (IPAC) met in South Africa in June; The topic is sacraments and holiness.

· Anglican-Orthodox (ICAOTD) informal talks and planning took place in London in June.

· The Anglican-Old Catholic International Coordinating Council (AOCICC) met in Bonn in July. This is a full communion relationship.

· Combined Informal Talks between the Anglican Communion, Lutheran World Federation (LWF), and World Communion of Reformed Churches (WCRC) took place in London in September.

· An IARCCUM public event took place in Georgetown, Washington, D.C., in October

· The International Commission on Anglican-Orthodox Theological Dialogue (ICAOTD) met in Boston in October. The topic is formation and evangelism.

· The Anglican-Oriental Orthodox International Commission (AOOIC) met in Armenia in October. The topic is martyrdom and migration.

· Anglican-Roman Catholic informal talks and planning (ARCIC & IARCCUM) took place in London in November.

Episcopal Ministry

The Lambeth Conference Company, in its commitment to developing phase 3 of the Lambeth Conference, birthed a new department at the ACO, Episcopal Ministry in the Anglican Communion (EMAC) in January 2023. EMAC is led by Bishop Jo Bailey Wells and continues to serve the Lambeth Conference within the life of the ACO, seeking that conference describes the ongoing practice of conferring rather than simply a decennial event.

At the heart of EMAC’s work is the fostering of cross-provincial bonds of affection, understanding and gospel partnership among and between bishops of the Communion – their ongoing ‘conferencing’ – to encourage mutual equipping to become the more effective as leaders in mission. In so doing, it is expected that such conferring contributes not only to the health and well-being of churches, dioceses and provinces in the present but also to the reshaping and well-being of the Communion in the future.

The department is shaped by the Phase 3 Steering Group which is chaired by Archbishop Julio Murray Thompson. They met in person at the ACO in February 2023 to develop the three-year plan and continue to meet quarterly online. The activities of this journey are set out below.

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Advancing Episcopal Ministry:

Episcopal equipping, support and connection

Promotion of the Lambeth Calls to the wider church

Anglican Communion Network of Bishops’ Spouses

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Theological Education in the Anglican Communion (CTEAC)

ACC support for theological education across the Anglican Communion is now provided by the Commission for Theological Education (CTEAC). In 2024 this commission was chaired by the Most Revd Howard Gregory, Archbishop of the West Indies, and its meetings were facilitated by the Networks and Commissions Support Officer, Rachel Parry, and by myself. CTEAC commissioners and consultants are listed here Commission Members An important part of each meeting is commissioners updating each other on developments in theological education in their own provinces.

Responding to the Lambeth Calls and ACC Resolutions

Since the Lambeth Conference of 2022 CTEAC has also focussed its work on responding to specific requests in the Calls of the 2022 Lambeth Conference and in resolutions of the ACC in Ghana in 2023. Five working groups have been producing educational and training resources for leadership in mission. Some of these resources are now available here Learning Resources commissioned by CTEAC

The second phase of the project is the development of such resources by theological educators in regional workshops for their regions. The first took place in Limuru, Kenya, in July, for African provinces. This was hosted by CAPA and generously supported by St Augustine’s Foundation and by TEC’s Global Partnerships. Delegates from 11 African provinces developed action plans to implement on their return home.

The CTEAC Bulletin was published twice during the year.

Public Engagement

In 2024, the Secretary-General announced the establishment of a new Public Engagement Department. A Public Engagement Director was recruited to oversee the Secretariat’s communication, brand development and digital media. The team also support ACO Directors in their fundraising efforts.

During 2024, the team worked to share news and stories about the Anglican Communion Office and Provinces of the Anglican Communion through its Anglican Communion News Service and Anglican Communion Office website. Alongside the usual communications service, the team provided strategic communication advice, news coverage/PR and campaign support for some key projects in 2024. This included: News coverage, media liaison and press conference for the Primates’ Meeting in Rome; communications support to the launch of IASCUFO's Nairobi-Cairo Proposals ; profile for the visits of the Secretary-General; promotion of the Lambeth Calls and Webinar series; communications support to Anglican Commissions and Networks and promotion for advocacy or training initiatives, which included the ACO presence at COP16 and COP29, and a Safe Church capacity building event in Bulawayo.

The team has developed a new Public Engagement strategy and theory of change which was signed off by the ACC Standing Committee in 2024. This will inform the department's work in the seasons ahead.

Authorised Networks of the Anglican Communion

15 global networks are a visible sign of unity (listed below) ensuring that diverse, multilingual contexts underpin mission and enable collaboration. Through meetings, social media, webinars, newsletters and resources, the Networks tell stories and share information about mission, good practice and advocacy.

The Anglican Communion Church Planting Network (ACCPN) is a network of men and women united in their passion to see new churches planted reaching new people with the good news of Jesus Christ.

The Colleges and Universities of the Anglican Communion (CUAC) is a world wide association of over 120 institutions of higher education founded within the Anglican Communion.

The Anglican Communion Environmental Network (ACEN) engages those who care for God’s creation. Guided by the fifth Mark of Mission members strive to safeguard creation and renew the earth.

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The International Anglican Family Network (IAFN) is a forum for the exchange of information about the challenges facing families and the practical work being undertaken by churches and individual Christians.

The Francophone Network of the Anglican Communion (Réseau francophone de la Communion anglicane) connects 4 million Anglicans and Episcopalians who celebrate in French.

The Anglican Health and Community Network (AHCN) includes ‘and community’ in the title, recognising that Anglican mission in health is a complex social and community system which underpins health.

The Anglican Indigenous Network (AIN) connects Indigenous minority peoples committed to the Anglican tradition while affirming Indigenous traditional spirituality.

The Legal Advisors Network In 2008 it produced The Principles of Canon Law Common to the Churches of the Anglican Communion revised in 2022. Its constitution and membership is being renewed.

The International Anglican Liturgical Consultation (IALC) brings together Anglican liturgists and is a focus for provinces to share liturgical revisions and other work they are doing in the area of worship.

The Lusophone Network (A Rede Lusófona da Comunhão Anglicana) aims to increase the visibility of the Portuguesespeaking Anglican – Episcopal Churches, sharing resources and offering mutual support.

The Anglican Peace and Justice Network (APJN)’s members share a passion for peace-building, reconciliation and Christ-centred justice for all people meeting for prayer and solidarity.

The International Anglican Women's Network (IAWN) raises and shares women's issues and stories. The Network seeks to be a prophetic voice for gender justice so women may respond to God’s calling.

The Anglican Communion Schools Network (ACSN) developed its steering group, membership and plans a series of webinars to support senior leadership in the field of Anglican Schools.

The Anglican Communion Youth Network (ACYN) connects, equips, motivates and encourages young people and youth workers, youth movements and structures to fulfil their mandates.

Bishops Spouses Network (BSN) is a new network which connects and encourages the spouses of bishops through online meeting and bible studies. It is developing its steering group and membership.

Official Commissions of the Anglican Communion

Commissions (six listed below) are established by one of the Four Instruments, with a mandate and for a period of time. The Archbishop of Canterbury appoints the chairs; members are appointed by the Secretary General reflecting the breadth of the Communion and expertise needed.

The Anglican Communion Commission on Evangelism and Discipleship (ACCED) aim is to resource and encourage provinces, dioceses and leaders in the Anglican Communion to become courageous and confident disciples of Jesus Christ. Co-Chairs are Rt Revd Moon Hing, Former Primate, Church of the Province of South East Asia and Rt Revd Dr Ric Thorpe, Bishop of Islington, Church of England.

The Inter-Anglican Standing Commission on Unity, Faith and Order (IASCUFO) advises provinces and Anglican Instruments on a range of ecumenical matters and reviews developments in the areas of unity, faith and order. It also advises on intra-Anglican concerns. The mandate promotes the deepening of Communion between Churches of the Anglican Communion, and other churches and traditions of the Christian oikumene. The Chair is the Rt Revd Dr Graham Tomlin, Church of England.

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The Anglican Inter Faith Commission (AIFC) as established in 2017 under a mandate from ACC16. The Commission is chaired by the Bishop of Kuching, Rt Revd Datuk Danald Jute and has members engaged in dialogues and practical action with those of other faiths. Members were involved in drafting the Lambeth Call on Interfaith Relations and the group is being revitalised with new members. The Commission will meet in-person in Malaysia in 2025.

The Anglican Communion Safe Church Commission (SCC) is an international body to promote the safety of people within churches of the Anglican Communion with a particular focus on children, young people and vulnerable adults. Members drafted the Lambeth Call on Safe Church and contributed to the Safe Church Plenary Session at the Lambeth Conference. The emphasis to keep people safe from harm and ensure policies and procedures are in place. The Chair is Mr Garth Blake, Anglican Church of Australia.

The Anglican Communion Science Commission (ACSC) includes scientists, theologians and church leaders from around the world along with a representative group of bishops nominated by the primates of the Anglican Communion. Three regional workshops of bishops and scientists have taken place and a global gathering of Lead Science Bishops was hosted by Virginia Theological Seminary in 2024. The Co-Chairs are the Rt Revd Dr Steven Croft, Bishop of Oxford, Church of England and Revd Prof Kwamena Sagoe, Church of the Province of West Africa.

The Commission for Theological Education in the Anglican Communion (CTEAC) was launched in 2022. Under the chairmanship of Rt Revd Dr Victor Atta-Baffoe, Bishop of Cape Coast in the Church of the Province of West Africa it is extending TEAC’s work through Provincial Commissioners, Consultants and working groups. It is strengthening networking across seminaries and churches and developing online resources around key themes in the Lambeth Conference Calls and ACC resolutions.

Anglican Alliance

The Anglican Alliance brings together the Anglican family of churches and agencies to work for a world free of poverty, inequality, and injustice, to raise the voices of the vulnerable, to reconcile those in conflict, and to safeguard the earth. The role of the Anglican Alliance is to connect and share capacity, skills, learning, and resources across the worldwide Anglican Communion, present in 165 countries, to support its work in development, relief, and advocacy. This global reach gives the Anglican Alliance work significant scale and potential.

The Anglican Alliance works in close collaboration with the departments at the Anglican Communion Office. It leverages outcomes beyond its modest resources by bringing together the human capacities, assets, and financial means of Anglican churches and agencies worldwide, sharing resources and expertise in a collaborative effort. Some highlights from 2024 include:

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Throughout 2024, the Anglican Alliance has continued to build resilience, deepen theological reflection, and foster practical action to address global challenges, ensuring that Anglican churches and agencies are equipped to serve their communities and advocate for a just and sustainable world.

Financial Report for the Year ended 31 December 2024

The ACC was incorporated as a company limited by guarantee on 12 July 2010.

The activities of the Anglican Alliance began as a restricted fund of The Anglican Consultative Council in 2011. A new charitable company, Anglican Alliance was incorporated on 3 January 2013, company number 8345096 and registered as a charity, number 1151992. The Trustees of the Anglican Consultative Council are the members of the Anglican Alliance and having significant control, the financial results of the Anglican Alliance for the year to 31 December 2024 have been included in these accounts.

The Compass Rose Trust was registered as a company in England on 29 May 2019, company number 12021167. The Trustees of the Anglican Consultative Council nominate the majority of Trustees of the Compass Rose Trust and have significant control. The Compass Rose Trust was dormant in 2023 and was closed during 2024.

The Balance Sheet sets out the overall financial position of the ACC at the end of December 2024. Assets held in each fund category may be seen in note 11. The total fund balances at the end of 2024 (Reserves) were £3,266,764 (2023 £3,032,152).

Note 7 to the accounts gives the details of the ACC's investments, which were held in the COIF Charities Deposit Fund and CBF Church of England Deposit Fund. £350,000 was added to investments in 2024, no withdrawals during the year, and an increase in market value of £34,944, bringing the total value of investments to £2,260,230 (2023 £1,875,286).

Cash decreased from £1,223,229 to 1,037,565 as set out in the Statement of Cash Flows. The change reflects the purchase of investments.

The main summary of financial transactions through the year is the Statement of Financial Activities or SOFA, which show group income of £3,728,073, group expenditure of 3,528,405, investment gains of £34,944 and an increase in reserves of £234,612 in 2024.

Unrestricted General Funds generated net income of £98,654 before transfers (2023 £648,455 net expenditure). General fund income increased by £131,232 to £2,201,856 (2023 up £147,424 to £2,070,624) during 2024 and general fund costs decreased by £678,327 to £2,108,872 (2023 up £815,093 to £2,787,199). After making transfers to Designated and Restricted Funds, the Unrestricted Fund Balance stood at £442,345 (2023 £430,781) for the Charity and £504,657 (2023 £501,696) for the Group.

The Total Funds Movement (See Note 10) shows designated funds that are unrestricted, but which have been set aside by Trustees for specific purposes. Designated funds form part of overall unrestricted reserves. The ACC designates funds by transfer from General Funds for Anglican Consultative Council meetings which do not take place every year.

The Restricted Funds fund vital parts of the ACC’s work and the Trustees are grateful for the generous grants and donations which fund specific aspects of the work which the contributions of the member provinces do not cover (for example, UN Office in New York and Theological Education).

15

The Restricted Fund Balance at 31 December 2024 was £396,921 (2023 £553,032) for the charity and £659,972(2023 £769,098) for the Group. The largest components of the Restricted Funds were for Episcopal Ministry and the Safe Church Commission.

The ACOUN Endowment Fund at 31 December 2024 was £1,010,529 (2023 £1,009,631) after making a transfer to restricted funds for the annual drawdown to support the work of the Anglican Communion Office at the United Nations. The Compass Rose Endowment Fund at 31 December 2024 after further generous donations in year was 976,077 (2023 £651,727).

Investment Policy

The market value of investments held by ACC at 31 December 2024 was £2,260,230 made up of £1,734,812 of endowment funds, £409,889 of general funds and £115,528 of Designated Fund.

The Endowment fund for the Anglican Communion Office at the UN, the Compass Rose Endowment Fund and the General purposes funds are invested in the Central Board of Finance (CBF) Church of England Investment Fund - Income Shares which meet the Trustees’ ethical concerns and provide income. During 2024 the average income yield was 2.8% (2023 2.7%) and the market value of the units increased by 2.3% during2024 (2023 9.5% increase). Up to 5% of the Endowment fund for the Anglican Communion Office at the UN can be drawn annually to fund ministry costs. One deposit was made 2024, £350,000 for the General-Purpose Investment.

Reserves Policy

During the year the Trustees reviewed the ACC‘s requirements for free reserves in the light of the predominant risks to the organisation. The General Fund (core budget) costs in 2024 are of the order of £2.1 million per annum (including the subsidiary, Anglican Alliance) and 50% of these costs are associated with employment of staff.

The Trustees’ policy is to hold unrestricted reserves sufficient to cover three months of operating costs (around £500,000 in 2024). Unrestricted reserves, including General and Designated Funds, stood at £620,186 at 31 December 2024.

Free reserves of the group at 31 December 2024 were £456,406 (2023 £438,305). Free reserves are defined as the balance on the General Fund excluding the value of tangible and intangible fixed assets.

Donations in Kind Received

Reference is made in this report to contributions to the work of the ACC from various sources. Some contributions have been financial, others in the form of the provision of personnel or facilities. Among these donations in kind is office space for the ACOUN provided in New York by The Episcopal Church.

The Trustees also wish to acknowledge the generosity of the Trustees of the Community of St Andrew in enabling them to lease St Andrew’s House for a peppercorn rent.

Grant-making Policies

The ACC administers grants in accordance with the restricted purposes for which the funds were originally donated. Grants are paid as soon as applications have been received and approved.

Trustees’ Responsibilities Statement in Relation to the Financial Statements

The law applicable to charities in England and Wales requires the Trustees to prepare the annual report and financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:

16

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity, and which enable them to ascertain the financial position of the charity and ensure that the financial statements comply with the Companies Act 2006. The Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are not aware of any relevant audit information that has not been disclosed to the charity’s auditors. The Trustees have taken all the steps that ought to have been taken in order to make themselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Auditors

The Auditors, Moore Kingston Smith, have signified their willingness to continue in office.

Approved by the Trustees and signed on their behalf by:

Margaret Swinson Date: 23 May 2025 Chair

17

Independent Auditors’ Report to the Members of The Anglican Consultative Council

Opinion

We have audited the financial statements of The Anglican Consultative Council (the ’company’) for the year ended 31 December 2024 which comprise the Group Statement of Financial Activities, the Group and Parent Charitable Company Balance Sheets, the Group Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

18

Independent Auditors’ Report to the Members of The Anglican Consultative Council

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Act 2011 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 17, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

19

Independent Auditors’ Report to the Members of The Anglican Consultative Council

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company .

20

Independent Auditors’ Report to the Members of The Anglican Consultative Council

Our approach was as follows:

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and, in respect of the consolidated financial statements, to the charity’s trustees, as a body, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company’s members and trustees those matters which we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company’s members, as a body, and the charity’s trustees, as a body, for our audit work, for this report, or for the opinion we have formed.

M ons Kaye rook. LP

James Cross (Senior Statutory Auditor)

for and on behalf of Moore Kingston Smith LLP, Statutory Auditor

9 Appold Street London EC2A 2AP

Date: 23 June 2025

21

Anglican Consultative Council Consolidated Statement of Financial Activities for the Year Ended 31 December 2024

Income
Donations
Provincial Contributions
Compass Rose Donations
Other Donations
Investment Income
Other Income
Income Charity
Income Anglican Alliance
Total Income Group
Expenditure on
Notes
Charitable Activities
Staff Costs
Direct Costs
Grants
Support Costs
Expenditure Charity
3
Expenditure Anglican Alliance
3
Total Expenditure – Group
Net Gains on investments
7
Net Income/(Expenditure)
Inter-Account transfers
10
Net Movement
in funds for the year
4
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Endowment
2024
£
£
£
£
1,447,003
3,000
-
1,450,003
247,330
-
306,133
553,463
333,267
610,453
-
943,720
59,271
-
-
59,271
30,679
-
-
30,679
2,117,550
613,453
306,133
3,037,136
126,248
564,689
-
690,937
2,243,798
1,178,142
306,133
3,728,073
Unrestricted
Restricted
Endowment
2024
£
£
£
£
1,091,695
449,825
-
1,541,521
487,768
355,042
-
842,810
141,956
7,057
-
149,013
252,072
88,816
1,618
342,506
1,973,492
900,740
1,618
2,875,850
135,380
517,175
652,554
2,108,872
1,417,915
1,618
3,528,405
5,670
-
29,274
34,944
140,596
(239,773 )
333,789
234,612
(122,635 )
131,176
(8,541 )
-
17,961
(108,597 )
325,248
234,612
602,225
768,569
1,661,358
3,032,152
620,186
659,972
1,986,606
3,266,764		 2023
£
1,483,211
772,852
990,945
58,690
10,875
3,316,573
600,093
3,916,666
2023
£
1,596,040
1,267,008
68,017
455,614
3,386,679
529,645
3,916,324
164,826
165,168
-
165,168
2,866,984
3,032,152

22

Anglican Consultative Council Balance Sheet at 31 December 2024

Group Group Charity Charity
Notes 2024 2023 2024 2023
£ £ £ £
Fixed Assets
Tangible Fixed Assets 6 48,251 63,391 46,606 63,303
Intangible Fixed Assets
Investments 7 2,260,229 1,875,286 2,260,229 1,875,286
2,308,480 1,938,677 2,306,835 1,938,589
Current Assets
Debtors 8 163,776 241,772 158,776 228,603
Cash at bank and in hand 1,037,565 1,223,229 684,315 898,690
1,201,340 1,465,001 843,091 1,127,293
Current Liabilities
Creditors -
falling due within 1 year 9 243,056 371,526 208,525 320,711
Net Current Assets
958,284 1,093,475 634,566 806,582
Net Assets 3,266,764 3,032,152 2,941,401 2,745,171
General Fund 504,658 501,696 442,347 430,781
Designated Fund 115,528 100,000 115,528 100,000
Restricted Funds 659,972 769,098 396,920 553,032
Endowment Funds 1,986,606 1,661,358 1,986,606 1,661,358
Funds of the Group 10 3,266,764 3,032,152 2,941,401 2,745,171

Approved by the Trustees and signed on their behalf by

Margaret Swinson, Chair

23 May 2025

23

Anglican Consultative Council Cashflow Statement for the Year Ended 31 December 2024

Reconciliation of net income/(expenditure)
to net cash flow from Operating Activities
Net Movement in Funds
Actuarial losses on defined pension scheme
Transfers between funds
Depreciation
Losses / (Gains) on investments
Increase / (Decrease) in Creditors
(Increase) / Decrease in Debtors
Net cash provided by / (used in ) Operating Activities
Cash flows from Investing Activities
(Purchase) of fixed assets
(Purchase) / Disposal of Investments
Cash (used in) / provided by Investing Activities
(Decrease) / Increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Total cash and cash equivalents at the end of the year		 2024
£
234,612
-
-
18,076
(34,944)
(128,470)
74,287
167,271
(2,936)
(350,000)
(352,936)
(185,664)
1,223,229
1,037,565		 2023
£
165,165
-
-
19,454
(164,826)
108,746
183,245
-
311,783
(55,997)
253,258
197,261
509,045
714,184
1,223,229

24

The Anglican Consultative Council Notes to the Financial Statements For the year ended 31 December 2024

Note 1 – Accounting Policies

Accounting Conventions

Direct costs including directly attributable salaries are allocated on an actual basis to the key strategic areas of activity.

Support staff costs are allocated on the basis of time spent. Premises and utility costs, depreciation and the salaries of the St Andrew’s House warden and cleaning staff are allocated on the basis of floor space used.

Governance costs include the costs of Trustees meetings, audit, and professional fees.

25

The Anglican Consultative Council Notes to the Financial Statements For the year ended 31 December 2024

Note 1 – Accounting Policies (Continued)

26

The Anglican Consultative Council Notes to the Financial Statements For the year ended 31 December 2024

Note 1 – Accounting Policies (Continued)

Note 2 – Constitution

The Anglican Consultative Council is established by constitution subscribed to by all the member churches of the Anglican Communion and is a charity registered in England and Wales.

On 12 July 2010 following the constitutional changes approved by the member churches, the ACC was incorporated as a company limited by guarantee, the assets and liabilities were transferred to the company on 31 December 2010.

27

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 3 Analysis of Expenditure

Unrestricted Funds
Staff
Direct
(General & Designated)
Costs
Costs
Charity
£
£
Secretary General's Office &
Instruments of Communion
533,996
204,975
Unity Faith & Order
224,755
250,416
Mission & Discipleship
75,391
5,283
Gender Justice
-
-
Communications
200,996
8,960
Theological Studies
20,256
82
UN Observer's Office
36,302
147
Unrestricted - Charity
1,091,696
469,863
Unrest'd Anglican Alliance
65,296
30,571
Unrestricted Expenditure
1,156,992
500,434
Restricted Funds
Staff
Direct
Charity
Costs
Costs
Charitable Activities
£
£
Secretary General's Office &
Instruments of Communion
15,845
1,087
Unity Faith & Order
-
-
Mission & Discipleship
28,212
29,905
Gender Justice
39,250
116,461
Communications
-
-
Theological Studies
38,314
46,612
UN Observer's Office
137,510
39,210
Episcopal Ministry
190,694
121,766
Restricted - Charity
449,825
355,042
Restricted Anglican Alliance
225,384
269,990
Restricted Expenditure
675,209
625,033
Endowment Expenditure
-
-
Total Expenditure
1,832,201
1,125,466
Analysis of Support Costs
Finance and Resources
Office Costs
Professional Fees
Information technology
Property
Governance
Support - Charity
Support - Anglican Alliance
Support - Endowment Fund
Support - Consolidated		 Staff
Direct
Costs
Costs
£
£
533,996
204,975
224,755
250,416
75,391
5,283
-
-
200,996
8,960
20,256
82
36,302
147
1,091,696
469,863		 Grants
£
60,000
1,884
-
80,072
-
-
-
141,956		 Support
Costs
£
120,482
41,823
13,236
-
53,459
14,676
26,301
269,977		 Total
2024
£
919,453
518,879
93,910
80,072
263,415
35,014
62,750
1,973,493
135,380
2,108,873
Total
2024
£
38,133
2,940
68,314
158,151
2,940
86,813
179,940
363,508
900,739
517,174
1,417,913
1,618
3,528,405
2023 £
10,414
130,052
84,391
32,612
164,312
33,833
455,614
45,495
-
501,109		 Total
2023
£
1,490,941
465,366
94,503
139,974
292,761
36,784
54,934
2,575,263
65,296
30,571
1,156,992
500,434		 -
141,956		 39,513
309,490		 211,937
2,787,199
Staff
Direct
Costs
Costs
£
£
15,845
1,087
-
-
28,212
29,905
39,250
116,461
-
-
38,314
46,612
137,510
39,210
190,694
121,766
449,825
355,042		 Grants
£
-
-
7,057
-
-
-
-
-
7,057		 Support
Costs
£
21,201
2,940
3,139
2,439
2,940
1,887
3,219
51,049
88,814		 Total
2023
£
12,927
1,856
28,031
67,691
1,856
128,789
144,851
425,415
811,416
225,384
269,990
675,209
625,033		 -
7,057		 21,800
110,615		 317,709
1,129,125
-
-		 - 1,618 -
1,832,201
1,125,466		 149,013 421,724 3,916,324
2024 £
8,558
119,846
26,101
14,331
173,665
16,293
358,793
61,313
1,618
421,724

28

Anglican Consultative Council

Notes to the Financial Statements

For the Year Ended 31 December 2024

Note 4 Consolidated Group Charity Charity
Net Movement in Funds is after charging:
2024 2023 2024 2023
Professional Fees £ £ £ £
Audit Fees - current year 27,203 25,350 19,703 17,850
Accountancy & Advisory Fees 7,942 6,758 5,560 4,999
Depreciation 18,077 19,454 17,753 18,991
Note 5
Trustees & Employee Information 2024 2023 2024 2023
Average head count 32 31 20 22
Average number of full-time equivalent staff employed;
Based in London 23 23 18 20
Based overseas 4 4 1 1
27 27 19 21
£ £ £ £
Salaries 1,499,536 1,563,525 1,283,411 1,308,731
Social Security Costs 148,525 139,966 122,756 120,993
Pension Contributions 124,303 121,312 101,966 104,657
Other staff costs 59,937 105,372 33,388 68,238
1,832,201 1,930,175 1,541,521 1,602,619
The number of higher paid staff with emoluments were:
£60,000 to £69,999 7 3 5 2
£70,000 to £79,999 1 1
£80,000 to £89,999 1 1 2 1
£100,000 to £109,999 1 1 1
£130,000 to £139,999 1 1
Employer's pension contributions in
respect of the above employees £59,307 £45,205 £59,307 £45,205
Expenses reimbursed to 7 trustees as
meeting expenses (2022 £4,590). 7,827 9,334 7,035 9,086

No remuneration was paid to Trustees in 2024 (2023 Nil).

The key management personnel of the ACC comprise the trustees, the Secretary General, and the Deputy Secretary General. The total employee benefits of the key management personnel of the ACC were £244,024 (2023 £217,463).

The redundancy costs during the year were £2,100 (2023 £21,576).

29

Anglican Consultative Council Notes to the Financial Statements

for the Year ended 31 December 2024

Note 6 Fixed Assets

Note 6 Fixed Assets
Consolidated Group Software
Leasehold
Property
Information
Technology
Equipment
Office
Furniture &
Equipment
Total
£
£
£
£
£
65,817 2,140,136 76,596 140,686
2,423,235
- - 2,936
-
2,936
-
-
(29,911 )
(17,904 )
- 47,815
Cost
At 1 Jan 2024
Additions
Disposals
At 31 December 2024
Accumulated Depreciation
At 1 Jan 2024
Charge for period
Disposals
At 31 December 2024
Net Book Values
At 31 December 2024
At 31 December 2023
Charity
65,817 2,140,136 49,621 122,782
2,378,356
57,047 2,118,625 59,011 125,161
2,359,844
4,273 2,531 7,796 3,477
18,076
-
-
(29,911 )
(17,904 )
- 47,815
61,320 2,121,156 36,896 110,734
2,330,105
4,497 18,980 12,725 12,048
48,251
8,770 21,511 17,585 15,525
63,391
Software
Leasehold
Property
Information
Technology
Equipment
Office
Furniture &
Equipment
Total
£
£
£
£
£
65,817
2,140,136
73,430
140,686
2,420,069
-
-
1,056
-
1,056
-
-
(29,911 )
(17,904 )
- 47,815
Cost
At 1 Jan 2024
Additions
Disposals
At 31 December 2024
Accumulated Depreciation
At 1 Jan 2024
Charge for period
Disposals
At 31 December 2024
Net Book Values
At 31 December 2024
At 31 December 2023
65,817 2,140,136 44,575 122,782
2,373,310
57,047
2,118,625
55,933
125,161
2,356,766
4,273
2,531
7,473
3,477
17,753
-
-
(29,911 )
(17,904 )
- 47,815
61,320 2,121,156 33,495 110,734
2,326,704
4,497 18,980 11,080 12,048
46,606
8,770 21,511 17,497 15,525
63,303

31

Anglican Consultative Council

Notes to the Financial Statements

For the Year Ended 31st December 2024

Note 7
Investments
At Market Value
Group & Charity
Balance 1 January
Purchases
Disposals
Realised gains
Unrealised gains
Balance 31 December
Cost at 31 December		 2024
Valuation
£
1,875,286
350,000
-
-
34,944		 2023
Valuation
£
2,224,404
-
(253,256)
59,532
105,294
2,260,229 1,875,286
1,430,972 1,153,440

The investments are held with CCLA Investment Management Limited in CBF Investment Fund and COIF Charities Investment Fund.

Note 8 Debtors
Budget Contributions Due
Prepayments
Compass Rose Grants
Other Amounts Receivable
Accrued Income
Note 9 Creditors
(less than one year)
Taxation & Social Security
Accrued Expenses
Anglican Alliance Account
Other Creditors
Deferred Income		 Consolidated Group
Charity
2024
2023
2024
2023
£
£
£
£
-
23,621
-
23,621
55,569
122,923
55,569
122,923
54,309
27,463
54,309
27,463
28,465
12,028
28,465
12,028
25,434
55,736
20,434
42,568
163,776
241,772
158,776
228,603
2024
2023
2024
2023
£
£
£
£
43,686
41,929
36,285
23,305
71,323
72,404
52,163
61,358
-
-
4,236
-
96,591
257,193
84,384
63,868
31,456
-
31,456
-
243,056
371,526
208,525
320,711

32

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 10 Total Funds Movement, including description of Restricted Funds

Opening Income Expenditure Unrealised Transfers Closing
Balances Investment Balances
1.1.2024 Gains 31.12.2024
£ £ £ £ £ £
Unrestricted – General Fund ACC 430,781 2,101,813 1,974,323 5,670 (121,595) 442,346
General Fund Alliance 71,444 126,248 135,380 - - 62,312
Unrestricted Funds 502,225 2,228,061 2,109,703 5,670 (121,595) 504,658
St Andrews Refurbishment 100,000 15,737 208 - 115,528
Total Designated Funds 100,000 15,737 208 - 115,528
Restricted Funds
United Nations Observer - 84,250 177,840 93,590 -
Theological Education 27,669 21,646 32,267 (377) 16,671
St Andrew's House refurbishment 20,287 - 20,482 195 -
Discretionary travel fund 20,874 97,704 31,150 (52,428) 35,000
Safe Church Commission 33,668 92,527 151,948 89,469 63,716
Commission on
Evangelism & Discipleship 10,907 - 9,043 - 1,864
Episcopal Ministry 314,265 176,390 360,952 29 129,732
Youth Network 6,066 20,000 20,983 - 5,084
Church Planting network 5,991 53,830 15,717 - 44,104
other restricted funds ACC 113,304 67,107 79,317 (343) 100,751
Restricted Funds ACC 553,032 613,453 899,701 130,136 396,920
Restricted Funds Alliance 215,537 564,689 517,175 - 263,051
Total Restricted Funds 768,569 1,178,142 1,416,876 130,136 659,971
Endowment
Anglican Communion Office
at the United Nations 1,009,631 - - 22,242 (21,344 ) 1,010,529
Compass Rose Endowment Fund 651,727 306,133 1,618 7,032 12,803 976,077
Total Endowment 1,661,358 306,133 1,618 29,274 (8,541 ) 1,986,606
Total 3,032,152 3,728,073 3,528,405 34,944 - 3,266,764

33

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 10 Designated and Restricted Funds

Designated Funds includes a balance of £115,528 set aside to make good any repairs as required at the expiry of the lease of St Andrew’s House.

Restricted Funds

Anglican Communion Office at the United Nations The ACC has Category II (Special) status with the United Nations Economic and Social Council (ECOSOC), which permits consultation with the UN Secretariat on matters of mutual concern. Restricted funds support the staff team and associated costs, funded by donations and an annual transfer from the related Endowment fund (£53,255 in 2022), with the remainder funded from unrestricted funds.

Theological Education The Department of Theological Education & Studies is funded by outside grants most notably from St Augustine’s Foundation.

Episcopal Ministry – Phase 3 of the Lambeth Conference working on fostering of cross-provincial bonds of affection, understanding and gospel partnership among and between bishops of the Communion, to encourage mutual equipping so Bishops become more effective as leaders in mission.

Discretionary Travel Fund - The Secretary General is in receipt of funds enabling him to visit parts of the Anglican Communion that would not be possible from normal general funds. The balance stands at £35,000.

Commission on Evangelism and Discipleship (ACCED) - its aim is to resource and encourage provinces, dioceses, and leaders in the Anglican Communion to become courageous and confident disciples of Jesus Christ.

Youth Network - This fund supports the work of the Anglican Communion Youth Network, which connects, equips, motivates and encourages young people and youth workers, youth movements and structures to fulfil their mandates.

Church Planting

This fund is designed to support the Church Planting Network, by paying the fees of their website editor over a five year period and for redeveloping the website, a project about to take place. The funds come from Trinity Wall Street.

Other Restricted Funds – The other funds line is a summary of all other smaller restricted funds held by the Charity and subsidiary for projects, networks, and commissions. Details of Anglican Alliance funds may be found in the Financial Statements of the Anglican Alliance.

Endowment Funds

ACO at the UN Endowment Fund - The Endowment Fund was set up to support the work of the Anglican Communion Office at the United Nations. The fund is invested in the Central Board of Finance (CBF) Church of England Investment Fund - Investment Shares. Up to 5% of the endowment plus annual income can be drawn to fund ministry costs. £53,255 has been transferred from the Endowment in 2024.

Compass Rose Endowment Fund - A fund has been created to receive donations and gifts from the Compass Rose Society to support the ongoing work of the Anglican Communion Office. The fund is invested in the Central Board of Finance (CBF) Church of England Investment Fund – Investment and Deposit Shares. The trustees have entered into an agreement with the Compass Rose Society which acknowledges their intention for the Fund to be built up to £10 million, and confirms that this is a Permanent Fund, with only interest income to be used for the ACC’s operating activities.

34

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 11 Assets by Fund

Assets by Fund 2024
General
Designated
Restricted
Endowment
Charity
Alliance General
Alliance Restricted
Consolidated 2024
Assets by Fund 2023
General
Designated
Restricted
Endowment
Charity
Alliance General
Alliance Restricted
Consolidated 2023		 Fixed
Investments
Current
Current
Net
Assets
Assets
Liabilities
Assets
£
£
£
£
£
46,606
409,889
162,921
177,069
442,347
-
115,528
-
-
115,528
-
428,376
31,456
396,920
-
1,734,812
251,794
-
1,986,606
46,606
2,260,229
843,091
208,525
2,941,401
1,645
-
95,198
34,531
62,312
-
-
263,051
-
263,051
48,251
2,260,229
1,201,340
243,056
3,266,764
Fixed
Investments
Current
Current
Net Assets
Assets
Assets
Liabilities
£
£
£
£
£
63,303
665,129
5,394
303,045
430,781
-
100,000
-
-
100,000
569,933
16,901
553,032
-
1,110,157
551,201
-
1,661,358
63,303
1,875,286
1,126,528
319,946
2,745,171
88
-
121,642
50,815
70,915
-
-
216,066
-
216,066
63,391
1,875,286
1,464,236
370,761
3,032,152

35

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 12 Lease Commitments

Note 12 Lease Commitments
The charity is committed to making the following lease payments as follows:
Equipment 2024 2023
£ £
Payable within 1 year 17,709 17,709
Payable within 2 to 5 years 17,709 35,418

Note 13 Subsidiary – Anglican Alliance - Summary results

Income
Expenditure
Net movement in funds for the year
Total fund balance as at 31 December		 2024
2023
£
£
870,173
717,279
831,790
567,905
38,382
149,374
325,363
286,981

Income includes a grant from the ACC of £60,000 and £37,877 donation in kind staff time .

Note 14 Taxation

The Anglican Consultative Council is a registered charity and is obliged to comply with the HM Revenue & Customs SelfAssessment rules. However, its charitable activities are exempt from United Kingdom direct taxation.

Note 15 Pension Commitments

The Anglican Consultative Council participates in the Pension Builder Scheme section of Church Workers Pension Fund (CWPF) for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers. CWPF has two sections:

  1. the Defined Benefits Scheme

  2. the Pension Builder Scheme, which has two subsections;

  3. a. a deferred annuity section known as Pension Builder Classic, and,

  4. b. a cash balance section known as Pension Builder 2014.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

36

Anglican Consultative Council Notes to the Financial Statements For the Year Ended 31 December 2024

Note 15 Pension Commitments (continued)

There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable: 2024: £101,966 (2023: £104,657), of which a total of £13,143 was outstanding at year end.

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.

For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2024. There is no requirement for deficit payments at the current time.

The next valuation is due as at 31 December 2025.

For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the scheme is such that if another employer fails, the ACC could become responsible for paying a share of the failed employer’s pension liabilities.

Note 16 Capital Commitments

There were no outstanding capital commitments at the year-end (2023: None)

Note 17 Related Parties

During 2024, The Rt Revd Anthony Poggo, Secretary General and Dr Christopher Wells, key management personnel of the ACC were trustees of The Anglican Centre in Rome. Dr Christopher Wells also held the position of secretary of the Anglican Centre Rome.

During 2024, The Rt Revd Anthony Poggo, Secretary General, was a Trustee of the Anglican Alliance. A grant of £97,877 (2023 £149,150) was made to the Anglican Alliance during 2024 including donated staff time.

The Trustees of the Anglican Consultative Council nominate the majority of (3 of 5) Trustees of the Compass Rose Trust and have significant control. There were no transactions with the Compass Rose Trust during 2024, which was formally wound up on 25 March 2025.

37