Charity regi$lration number 1139238 {England and Wales) TRINITY CHURCH HARROW ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
TRINITY CHURCH HARROW LEGAL AND ADMINISTRATIVE INFORMATION Trustees Rev David Varcoe Marlon Boyd Brian Curry Andrea Joseph Ineke Varcoe Llsa Kumar Ana Onofrel Ayo Sanusi Charity number (England and Wales) 1139238 Charity Address Trinity Church Harrow Hindes Road Harrow HA1 1RX Independent Examiner Summers Morg8n First Floor, Sheraton House Lower Road Chorleywood Hertfordshire VVD3 SLH Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
TRINITY CHURCH HARROW CONTENTS Page Truslees. report Independent Examiner's report stalement of financial aclivilies Balance sheet 10 Noles lo the financial slalements
TRINITY CHURCH HARROW TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report and financlal statements for Ihe yèar ended 31 Decèmber 2024. The flnanclal slalements have been prepared in accordanc8 wlth the accountlng pollcles set out In note 1 to Ihe financial statem8nt8 and comply with the Church'8 governing document. the Charitles Act 2011. FRS 102 "The Flnanclal Reporting Standard applicable in th8 UK and R8publlc of Iréland. and the Charllles SORP "Accounting and Reportlng by Charill8s-. Statemènt of Recommended Praclice appllcable to charities preparlng IheSr accounts In a¢¢ordance with the Financlal Reportlng Standard appllcable In the UK and Republic of Ireland IFRS 102).. ObJe¢tlv*8 The Constltulion stales that the Purpose of Ihe Charity (Church) Is lo advance the Chrlslian fallh In the Area of Benefit in ac¢oidan¢e wilh the princlples and practices of the participating churches. The mission of Trinity Church Is: lo worshlp God; lo support one another wilh prayer and pastoral care., lo bring others to Chrlsl by sharlng our fallh; and 10 88rve God in the world. A¢tlv111•8 The Church contlnues to revlew Its Mlsslon and reconslder whether its previous activities remain relevant to the propo8ed way fopward and to develop new one$. Achl•v•m•nt• •nd p•rfomian¢• In Ihe area of Worship Live slreaming of the weekly 10.30am worship Servi which had been inlroduced durlng the Pandemlc had been contlnulng for those unable lo attend in person, but had to be paused for a perlod durlng Ihe year. because consent had lo be obtained from parents of all chlldren present. The position of Ihe cameras meant thal they plck up everyone who goes In and out of Ihe door to the Llnk durlng the Service which includes children. Seplices contlnued to be recorded over this pefiod. A solutlon was found by re-$llln9 the camer88 and making it clear in whlch areas those presènt wlll be on camara. Homè Groups contlnue lo meel al various times The daity and weekty prayer mlnlstrle8 contlnue remotely wilh the member secure page on the webslte for pastoral new8, piovldlng the foundalion of prayer bolh for the world and the Church. Weekly prayer meelings are held in the Chapel on Tuesday evenlngs and slaff lead daily prayers from 9.30 - 10am In the Chapel where anyone Ytho wants lo join is welcome. The Trinity Worship Band has developed and pro9re$$ed over the year. Engage Nights led by Ihe Worshlp Pa3tor and muslclans took place on a regtslar ba$is and were well allended. Thes8 Sncluded a Chrlsimas Concert In December. Al Chrlstmas. a Chrlsllngle SeNlce was held and the servlce of Lesson5 and Carols took place as part of the Mldnlght Communion Serwice on 24 December. We thank all the many people In the life of Trinity for their input throughout the year, for wllhout them, the richness and splrltual growlh Ihat we enjoy would not be possible. We are blessed wilh an amazing array ol musicians. singers, preachers, wor8hlp leaders, and others who $8Ne In so many dlfferenl ways whi¢h help$ to make Trinity the speclal place that il 1$.
TRINITY CHURCH HARROW TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In Ihe are8 of Childr8n and Young P&opla It ha5 been such a blesslng to see our young people explore and grow in their faith throughout the year. Children. ministry at the church has been continued following the departure of the Children and Family Pastor, thanks lo all the work put In by Ineke Varcoe and 8 team of volunleers who have continued lo mlnlster week by week and Invest in our young people. Our heartfelt thanks go lo each one of them. As usual, arts and crafts were made available through the services in Ihe summer months. and new volun188rs weie welcomed at the start of Ihe autumn temi. At various times in the year, chlldren from two of the local schools were welcomed for half a day to discover what goes on In a local church. Joyful No18e ¢ontsnued Io grow in the year wllh many new pafentslcarers and thelr young pre-school age ¢hlldren attending a tlme of play, Chrlsllan story, singing and fellowship. Beyond the Group, parents 01 th088 who attend are able to make ¢onneclions wlth one anolher. The year concluded wlth thé Impromptu natlvlty servke which 18 a fantastic conglomeration of children and adults WOTklng togelher in a fun environment to rem8mb8r Ihe Chr181mas story. A Xhank you. party was held the week afterlvards to end the year.. Ihanking God for the young people, Ihe wonderful team of volunteers and above all the Lord'$ presence and guldance In the growth of th18 amazlng minlstry in 2024. Regarding the Propety All improvemonls accord wllh Current slandards and Trustees are very grateful for the Ilme and work pul Into the planning and super4lslon by the Mlnlsler and Church Treasurer, Further lo the earller declslon made both by Trustees and al a Church Meetlng lo bulld a balcony, dlscusslons took place wilh the Ar¢hllect and a prelimlnary estlrnate recelved for the Piojecl covering the Balcony, the heating and cooling systems. The Prnl8Ct V181on Fund already set up would finance preparatory work and approprlale sources of fundlng to financo the Project are belng pursued. New chairs were ordered for the Sanctuary whlch would enable these lo be moved more easlly and creale a more flexlble space. Some reorganl$ation took place In the Llnk area. Trustees. photos togèther w61h those of staff were dlsplayed on a nollce board near the entrance and a 'Welcome lo Trinity, Sign elected above th& entrance. Letttngs In Aprll the Welldon Activity Group sadly had to close and glve notice to Trlnlty lo temilnate its lease of the A¢tivity Hall in Nthlch11 had met slnce the new building was completed. The Pre School had been asklng foi more space to meet increased need followlng the Govemment's declslon provide funding for children aged 9 monlhs. With Ihe Acllvlty Hall becomlng vacanl Ihe Pre S¢hool confirmed that they would like Io use the area from 8am - 6pm Monday to Frlday for 46 weeks per year. They also continued to m88t In the Maln Hall S days a week from 7.30am 4.30pm durlng tènn tlme. Dlscusslons took pla¢e with Firm Foundation about their use of Welldon from August as a base to provide a drop-in Centre and advice for homeless people. Thls would require some adaptation5 to the Centre. Little Learners Pre School ceased lo rneet in July, but AA Vuld contlnue lo meet al the Centre. Thanks are due to Richard and Jenny Fischer for their valuable assislance wilh Ihe admini$lralion of lettings.
TRINITY CHURCH HARROW TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In Ihe area ol Churcli evenls and work willi Ihe local communily A small team took part in regular Saturday morning sessions of liller picking in the area around Trinity. The purpose of this is not only to beaulify Ihe area, bul also provide an opportunity lo speak wilh passerby, a number of whom live nearby. The monthty Salurday coffee morning continued lo lake place to colnGide wllh the liller picking. Along wilh a number of olher Churches, Trtnlty opened Ils premlses for a Warm Hub during the perlod January - March. Allendees wefe made welcome with warm drinks and soup lunch with the oppot1unity lo speak wilh Church Staff and members. A successful Community Fun Day was held in Seplember. In th8 a8 ol Oulr8ach Together with other churches, we contlnued to support Harrow Street Paslors, both out on the streets and through prayer support. The Church also conllnued to support Regeneration's Christian Schools Work through providing Offlce space for one of their workers and an annual grant. In addition, a number of our members lèad In variou$ charllies, Including those mentioned above, through servlng on Trustee Boards as School Governors and through volunlary actlvity in Harrow. Durlng the Imnter months, volunleers from Trlnlly together with those from several other churches, helped to the Firm Foundation Night Shelter whlch ran beeen January and the end ol March. This provlded overnighl accommodalion and an evening meal for homeless men al Trinily Iwilh the women sl8eplng al Welldonl and a Cooked breakfast for all, served al TTinity the next day. We were blessed with generous conlributions of food and money lo assi51 this. Trinlty also Continues to support and play ils part in bolh the Methodlsl Circull and thè URC through ils Local Area Group and Synod, as well as Churches Togelher in Cenlral Harrow. The parinership beiween Trinity and Union Church, Totterldge enlered Its fifth year In January. The Church holds weekly Sund8y Service Services and monlhty Saturday worshlp nights. Trustee$ conlinued lo monitor the Church's budget and policies and a support group provldes regular support for Ihe Church's Mission Enabler Rony Padilla who remains an employee of Trinlty. In addition. Ihe Minisler meels with him. The grant from Ihe URC Synod was renewed for a further 3 years in 2022 wilh a commllmenl from Trinily to continue the partnership wllh Unlon Church as al presenl. We are grateful for Ihe financlal 8UPPOrt provided by Ihe Synod which has enabled this Church lo conlinue lo go forward and Ihrive. Looking lo the future il was planned for Tolleridge lo become more independenl with Rony as Church Leaders and Elders ordained who will be Ihe Lead@rship Team. Rony and his wife Karen are lo be congralulaled on the progress made with numbers allending continuing to increase. We thank all involved in supporting the Partnership.
TRINITY CHURCH HARROW TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Financlal revlèw There Is a budgel proGess that the Tfuslees approve and monitor throughout th& year. The r6sponsibility lor all the ministry areas, including the finances remains with the Tiusl&es. A reserv8 of £100k Is held, which allows for expendlluré to continue foi several monlhs whilst any allernalivé budget, and any other measures, are pul In place if any of Ihe major income streams was lo underperform. In addltlon lo these Teserves Ihe Charity had general reserves (unrestricted and de5ignaled reserves less Ihe book value of asselsl of £299,642 and lolal free re5erye5 of £94,728 (2023. £130.243). Expendilure of any of the reserve will eilher be Identified in Ihe followlng year's budget, appfOV8d by the Truslees prior lo the new year. or for some designated funds allocated by Ihe Trustees Ihroughoul the year. It is not antlcip8led that any langible flxe¢J assets or Investmenls need to be disposed of. lor any fund to achieve its objectNes. A Flnance Committee is in place lo support the TrusleÈs, and give advice as appropriate. The Charity's Incorné increased during the year, up from £343.176 in 2023 10 £351.817 in the current yeaf. Expendilure also increased durlng the year, up from £348,778 In 202310 £354,114 in Ihe currenl year, At Ihe end ol the year, the Charily held funds tolalling £415,245 split a5 £23,275 (Restficled), £304.914 (Designaledl (including £100.000 ReseNe is Unrestrlcled Designaledl and £87,056 Iunreslrocled) (For 2023 the Total was £417,541 and the split. £30,411 (Reslricledl, £304,543 (Designaledl (including £100,OQO Reserve is Unrestricted - Designated) and £82.587 (Unreslricledl. In 2024 there were Iransfer 01 £37,000 Welldon Fund to 8enevolence Fund £2,000 and Project Vision Fund £35,000 (ln 2023 thefe were no Iransfers.) No grants were made to inslitulions during the year., however. sever81 mainly local charllles benefiled from donations of no more than £500 per charity. The Charlty's main income conlinued to come from donations from Indivlduals, hall lels and inleresl from investments. Hall Lets have recovered lo approximately 90Q/o of pre-pandemic levels, taking Inflatlon Into account. Oon81ions slill remain 81 approxlmalely 50Q/• of pre-pandemic levels. InleTesl Irom investments conlinu8S to increase by approximately 2tyh to 3% each year, The Charity ha5 inve51ed funds In the Charity Offi¢lal Investment Fund operated by CCLA who provide ethical and responslble Inve31menls for Charities. These funds are managed by URC North Thames Trus1. The value of the funds at the end of2024 is £3,043,244. Golng concern Risk The charity does not foresee any hlgh rlsk scenarios and Iherefore there are no plans eurrenlly in place. If the risk is lo income, the Reserve policy Ihat is in place allows at least 6 months lo review Ihe sllualion and lake appropriate actions. Risks associated with the Impact of reduced income for any reason would be regularly reviewed by lh8 Flnance Commlllee and Truslees. Reserves poliGy 11 is the policy of Ihe Church Ihat unreslricled funds which have not been designated for a specific use should be maintained al a level equivalent lo between three and six month's expenditure. The Trustees consider that rèserves at this level will ensure Ihal. in the event of a significant drop in funding, Ihey will be able lo continue the Church's urrenl activllles while consideration is given to ways in which addilional funds may be raised. This level of reserves has been maintained throughout the year.
TRINITY CHURCH HARROW TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Plans for future periods Plans for Ihe Future.. The Truslees ffleel Tegulady to rev16W the Charity's performance and lo plan for Ihe fulure following ihe Mission ol the Church agreed and presented to Ihe Congregation In 2022. Discussions will conllnue to lake fon¥ard Project Vision which is revlewing the needs of and further improvemenls for Ihe Sanctuary and Ihe churth buildin9s in general. This Vision continues lo be a focus lor Ihe Truslees as Ihey look to grow the Charity both for Ihe existing members, and all olhers within the community who wish to share Ihe Christian Faith. As Church activities expand, there will be a need for mofe volunteers from Ihe Congregation lo come forward lo support them. Structurè, governance and managemenl The Church 15 a regislered chatily, no. 1139238. with ooverning documents In accordance with Charity Commission scheme, and Is administered and managed by a body of trustees consistin9 of.. Ex officio Trustees, being the minislers of the LEP for the tlme being. Not less than 6 nor more than 12 Elected Tiuslees elected al the Annual Congregational Meelin9', and Not more than 5 C04JPted Truslees appointed by the Trustees, The Trustees who served durlng the year and up lo the date of signature of the financlal statements were.. Rev David Varcoe Marion Boyd Brian Curry Paullne Curry Andrea Joseph Llsa Kumar Ana Onolrel Ayo Sanusl Ineke Varcoe {Resigned November 20241 (Appoinled October 20241 {Appoinled October 2024} IAppolnled October 20241 Recruifmenl and appointmenf of Iruslees Trustees are recruiled from the Church membership. Nominations are Bought and ele¢lions held wher& necessary prlor lo appoinlmenl al the AGM of Church Members. Trustees are appointed for a period of three years in accordance wlth Ihe Conslilulion. following which Ihey may presenl themselves for re-election. Trustees Ihanked Paullne Curry for her Conlribulion lo the Board and the work she had undertaken with pastoral Issues, in particular during the Covid period. Three new Trustees, Lisa Kumah, Ana Onolrei and Ayo Sanusl joined the Board.
TRINITY CHURCH HARROW TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees meet regularly to ensure that the silualion 1$ carefully monitored and statutory obligalions are mel. Extra me8lings are arranged if necessary. Urg8nl decislons required between meetings are made by email with Truslees required lo indicale Ihelr wishes by email. Trustees who fail to respond will be recorded as abslenlions. Both Ihe decision and the voting figures afe recorded in the follcwing sel of Board minutes. All Church policies are reviewed annually. The Finance Committee continues lo regularly monllor the Budget In detail and identifies any slgnificanl Issues, ensuring thal Trustees are aware of these. Mlnutes are kepl of all meetings. Meelings of the Church Membership are held durlng Ihé yèar to consider matters referred by Trustees and offer advice and guldance to the Board. No payments are made lo Trustees or members of their immediale family or buslnèsses connected lo them for provldlng service8 to Ihe ChaTty. Trusteès are aware of the Charlty Commisslon's Guidance on Public Benefil. The Church provides lacililies for public worship for Its members and anyone who wishes lo share these wilh us. 11 also provides Christian values and service by its members for Ihe benefit Df individuals through outreach In the10¢81 Community. Trustees regularly review all financial and other rlsks assocSaled with the operation ol the Church, sallsfy themselves that procedures are In place to manage these and also, annually review appropriale policies and procedures updatlng these a$ necessary. Trustees are Issued with a copy of Trinity Church's Goveming Documenls and can access the late81 Annual Report and Accounts on Ihe Charity Cornmi5sion website. As well as the guldance for Tru8lees on the Charity Commlssion website, the Trustees are rnade aware of updates from Ihe Charity Commlsslon. Prior to becoming a Trustee. the Minister explains the responsibilities of the ro16 01 belng a Trustee. Trustees can raise any issues regarding thè role al the iegular Church Board meeling. Upon reappolnlment, Truslees are asked to slgn a Declar81ion lo confirm Ihal they understand thelr responsibilities and are not disqualified from acting as a Trustee. They also sign a Code of Conduct lor the Trustees of Trinity Church. A Conflict of Interest Policy is in place. Declaralions of Inleresl are recorded in the Minules and in Ihe Register of Inleresls wllh Trustees required to complete annually a list of inlerests which may affect their declsion making on a regular basis, Church Poli¢le$ are reviewed annually by the Board. Trustees are all required to allend safeguarding Iralnlng and Update this regularfy. Saleguardlng Is included as an ilem on the agenda for every meeting. Truslees agree the aims and objeclives of the Charity and the staff make the day lo day decisions in running the Charlty In 8ccordance wilh Ihese. Trinity Church is a part of bolh the United Reformed and Methodist Churches. The Church works wilhin Ihe confines of bolh of these wherever possible. ere Ihis is not possible, Trinity will either chose 01)e (via Truslee decision>, or deGide 115 own way forwards in keeping wilh Charity Commission guidelines. In re9ards lo property, Trinlty follows the requirements of the denomlnalion which owns the property. Trinity Church seeks lo partner with any like-mlnded charities in pursuance ol ils objectives. Any relalionship wlll not fomially impacl the aulonomy of Trinity Church.
I"RINITY CHURCH HARROW TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEM4ER 2024 Nli8rni8llJrs 7.lie y6ar begFn with Perer Bloxham our Children aiid Famlly Pastor contlnulng lo le8d weekly SLh)day Sirnam8 alungslde o leÈm of wondorful volunteers. Howtygr, In May ho decld8d to1oDve lo move clo$er to fpffllly and 80 Trlnlly sadly had to say poodbye and wish him wpll in h1¥ lu14¥e, l)ul oncé ayAin was left without pald la¥der8hlp In 1111$ minlxlry. We immodlololy blarted the proce81 of advert141h9 arKI récelv•d several 8ppllcaUoni In JunfrlJuty. but Dtsne were found lo be BUll8bl?, A second round ol advertiJSng was undertaken In Ihe Aulumn ond Iwo Gandid&le8 %iwrè Intaiv16wèd, bul ag.Ilh, nelthar were deemod iultAble for thè role. An applie81ion wa8 mode •nd IPie URC 9ub5equpnlly agroeo lo extend th current gTOnt ty 2 yea14 pnd incrèage thè I)fflC Jalary, providin9 a p•riod of $uppori over 4 25 years and Trinity 10 9r•leful for thi• support. 11 had alreody been declijod lo 16vl8w Ihe curreni al•ffing 8lru¢lure lo enlui? Iholll rn•l the ¢urreni needs ol the rhurch ond lh• pioce•s Wa• CThnrnefe In QI#Db•r. TILiJlees 8r• very grblefuj lor the work undertèkiri by all four member# ol Kt•ff during the year. 8410guanllng A Sal8guaTdino Logd and Deputy are In place ond S#legu8rd ng is o regular Item on the Agendo lor Board rneeling9. The Pollcy18 riviowod annually. All fniil888 attend regulgr Ir4lnln9 provldéd by Ihe URC and Ihlg Was pdaled In Octob8f when Iliey attended an onlino course. Mindful of an Irlcrelse In aeliviiles lor young people and 9110 plan8 lor th¢ Nlghl Sh•ller lo 81ort In January 2024,11 wol de¢lded 10117Btall a flller on Ihe WFI iyil•m. AH16ng l•rm let$ are requlred lo have iholr own Safeguerdlng poliuèl In a¢cordance wlih URC •dviGe an(f provlde • Copy. l•onclu•loh Wè gN8 thinks to God lor the conlinued guidanFth ovér th6 life of HI$ ¢PILirch We thonk 811 Ihe m¢mber8 of Trinity Ivho made Buch a coninbulion lo Ihg lives of so Inany throv9h¢>Jt the yo&r a8 Ihay our l.ard, brtngSng ¥uch IIIIE4Aing enwuraoèthenl through challenlig Iinios A$ aaYs. W• look forwards wllli r•nfldenc• to Ihe ilnlolding plans of God r His churcli Tlie TTu8leé8' rèport wa) •pproved by 11)e 8o•rd lif Tru•leo•. Ilav Davld V8rcoe Aiidrea Josepli Yru8lL*e Ll816.'
TRINITY CHURCH HARROW INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY CHURCH HARROW I report lo the Trustees on my examlnatlon of the financial slalemenls ol Trinity Church Harrow (Ihe Church) lor the year ended 31 December 2024. Responsibllltles and basls of report As the Trustees of Ihe Church you are responsible for the preparation ol the financial slalemenls in accor¢Jance with the requirements of the Charilies Act 2011 (the 2011 Act). I report in respect of my examination of Ihe Church's financial slalements caTried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Direclions given by the Charity Commission under section 145(5)Ibl ol Ihe Charities Act 2011. Indepondent examlner's statement Since Ihe Church's gross income exceeded £250.000 your examiner musl be a member of a body listed in secllon 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of ICAEW. which is one of the listed bod18S. I have cornpleled my examination. I confsrm thal no mallers have ¢ome lo my atlenlion in conneclion with Ihe examlnalion glvlng me cause lo believe thal in any material respect.. accounting records were not kept In respect of the Church as requlred by secllon 130 of the Charities Act 2011. the financial stalemenls do not accord with those records., or the financial statements do not comply with the applleable réquirements concerning Ihe form and conlenl of financlal statements 8el oul in Ihe Charities {Accounls and Reports) Regulatlons 2008 other than any requiremenl thal the financial statements glve a true and falr view, which is not a matter considered as part of an Independent èxamination. I have no Concerns and have come ocross no olher mattèrs In connection with Ihe examination to which altention should be drawn in this report In order to enable a propér understanding of the financial statements to be reached. Nicholas Corden ACA Summers Morgan First Floor, Sheralon House Lower Road Chorleywood Hertfordshlre WD3 5LH Daled:
TRINITY CHURCH HARROW STATEMENT OF FINANCIAL ACTIVITIES INCLLIDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEhlBER 2024 Unr•iirkt•d Unré8lrkt•d A•Gtrlst•d lund$ fund$ g•Trir41 dg$lgNl•d 2024 2024 folal Vnre•ldcled Unr*Btriri•d R•strlcl•d lunds funds g•neial d•ilgna¢•d 2023 1023 Total 2024 21124 202) 2023 Intom• Irom-, Dwalitni and legacJo6 ChanlaL4• Invo$lmwi8 51.218 121098 97.418 10 105 69 746 61.323 193.07 97.418 59.216 114.542 93.d80 10.(X)O fj4.466 69.218 180 469 93 489 2.rJ4 1.481 Toiil In¢om• 2.732 79,851 2.234 351.817 267.249 74.466 343.ln Fxp•ndllUf• on.. Rai61ny lunds Charfiable adiwlies 74.151 191 1S3 39 524 39 875 1.673 7.697 115.348 ?.765 78,286 204.365 37.89r 20.780 1.073 7,775 115.858 232,920 Tol•l •¥pgndllyr¢ 265.344 79,Jg9 9,370 354.114 280,653 58,677 9.448 348,778 N•t Incom•ii•xp•ndllur•l ind mov•m•ni In Iwndi 4288 452 17,1361 12,2981 15.709 17,9671 15,8Q21 R•¢onelll•tkn of luthds: Fwnd bal[el i J4nuary 2024 82.587 304.513 417,541 95.991 288,754 42J,143 Fund 1¥¢•• 4131 Ott•mb•r 2024 8e.975 304,995 23.27$ 415,245 2.587 J04.543 30,411 417.541 Th& Sl•Wnl In¢11• al galns •n¢J i¢9n18¢ In lh• y••r. M ID¢M)•ind •xp•ndilur• doth from conthulw acu.
TRINITY CHURCH HARROW BALANCE SHEET AS A T 31 DECEM8ER 2024 2024 2023 Nol•• Flxod au•t• Tanglble a8Set8 IJ 92,328 52.344 Cujyent ••et8 Debtors (Jih al bank and in hand 48 37,317 308.600 27.889 346,007 Cr•dltorn: amounts falSiig du• wlthln on• y••r 345,918 373.896 (23.001) {8,699) N•t cuTront ••Mts 322,917 365,197 Total ai••t• Iv• curront Ilabllltl•s 41 S,245 417.541 Tlig fund• ol th• Churtli 14e•lrlcted incom• fund8 lJnre8tnctad funds- general Unreitrtcled funds- deginnatèd 48 io 19 23.275 87.058 304.914 30,411 82,587 304.$43 416,245 417,541 I'ho financial statement4 were approved by the I'fUSt•¢8 on .,,................. avid Varcoe Trujtoa 10-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollelès Charity Informatlon Trinily Church Harrow 15 an unincoiporated Charity registered wilh the Charity Commlssion in England 8nd Wales (number 1139238>., Its principle address Is delalled within Ihe legal and adminislralive page. 1.1 Accounting conventlon The financlal slalemenls have been prepared in accordance wllh the Church's governing document, Ihe Charities Act 2011. FRS 102 The Financial Reporling Standard applicable in the UK and Republic of Ireland and th8 Charities SORP 'Accounling and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wllh the Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland IFRS 102) The Church is a Public B&nefil Entity as defined by FRS 102. The Chur¢h has taken advantage of Ihe provislons in the SORP for charities nol lo prepare a slalernent of cash flows. The flnancSal stalemenls are prepared In sl&rflng. whlch Is the functional cuirency of the Church. Monelary amounts in these flnancial stalemenls are rounded lo Ihe nearest £. The financial slalemenls have been prepared under the hlstorlcal cost conventlon. Imodified lo include the revaluation of freehold properties and lo inGlude investment properties and certain financlal Instruments al fair valuel. The princlpal accounling poli¢i&s adopted are set out below, 1.2 Golng concern At the Ilme of approvlng the Ilnancial statements, the Truslees have a ieasonable expectallon that Ihe Church has adequate resources to conllnue In operational existence for the foreseeable fulure. Thus the Trustees continuo lo adopt Ihe going concern basis of accounting in preparing the financial slalemenls. 1.3 Charltable funds Unrestrictèd lunds are available for use al the di$crellon of Ihe Tiuslees in lurtherance of thelr charilable objectives. Reslricled funds are subjeGI lo specific conditions by donors or grantors as lo how Ihey may be used. The purposes and uses of the reslri¢led funds are sel out in the notes lo the financlal slalemenls. Designated funds are sublecl lo speclfic conditions by donors that the capital must be mainlained by the Church. 1.4 Income Income Is recognised when the Church is legally entitled lo it afler any performance ¢ondilions have been mel, Ihe amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once Ihe Church has been notified of the donation, unless perfomiance Gonditions require deferral of the amounl, Income tax recoverable relation to donations received under Gift Aid or deeds of covenant is recognised al Ihe lime of Ihe donation. Legacies are recognised on receipt or olherwise if the Church has been nolified of an impending distribub'on. the amoiint 15 known, and receipt is expected. If the amounl is nol known. Ihe legacy is Irealed as conlingenl assel. 11
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles 1.5 Expendlture Expendilure 15 recognised once Ihere is a legal or constructive obligalion to transfer economic benefil lo a third paty 11 Is probable that a transfer of economlc benefits will be require(l in selllemenl, and Ihe amounl of the obligation can be measured reliably. Expendilure Is d8ssified by activily. The cosls of each aclivlly are made up of the lolal of direGI co$15 and Shared cosls, including support costs Involved In undertaking each activity. Direct cosls allributable to a single aclivlty are alloealed direclly lo that activity. Shared costs which contribute to more than one aclivity and support costs which are not allribulable lo a single activity are apportioned between those aclivities on a basis consistent with the use of resources. Cenlral slaff costs are allocated on the basis ol lime spent, and depreciatlon charges are allocated on the portion of the asset's use. 1.6 Tanglble Ilxed a88et8 Tangible fixed assets are initially méasured al cosl and subsequently measured at cost or valuation, nel of depreclalion and any Impairmenl losse8. Depreciatlon Is re¢ognised so as lo wrile off the cost or valuallon of asse18 less their residual values over Iheir useful lives on the following bases.. Plant and equipment.. Building Refurbishments - 10Vo SL. Furniture & Fumishings- 20% or 100h SL Electrical and Eleclronlc - 33Q/• or 200/4 SL The gain or loss arisin9 on Ihe disposal of an as5el is delermined as Ihe difference beeen Ihe sale proceeds and the carrying value of the asset, and is recognised in the 51alemenl of financial activities. 1.7 Impalrment of fixèd assets Al each reporting end dale, the Church reviews the carrying amounts of ils tangible as5els lo determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, th8 recoverable amount of the asset is eslimaled In order lo detérmine the extenl of the impairment los$ {rf any}. 1.8 Cash and ¢a8h equlvalents Cash and cash equivalenls include cash in hand, deposits held al call with banks, other short-term liquid investments with original malurilies of Ihree monlhs or less, and bank overdrafts. Bank overdfafts are shown within borrowings in current liabllilles. 1.9 Flnan¢lal Instruments URC Thames North holds inveslments on behalf of Trinily Church. Ihe6e assets are nol tangible assels of the church and are not included in the balance sheel. Basic linancial assets Basic financial assels, whlch include debtors and cash and bank balances. are initially rnea5ured al transaction price including transaction ¢osls and are 3ubsequenlly rrIed al amortised cosl using Ihe effeclive interest method unless the airangemenl constilules a financing Iransaclion, where the Iransaclion is measured al the presenl value of the future receipts discounted al a n)arket Tate of inleresl. Financial assels classified as receivable within one year are not amorlised. 12-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Baslc financlal Ilabllities Basic financial liabililies, including creditors and bank loans are Initially recognisad at transaction price unless the arrangement conslilules a financing transaction, where Ihe debt inslrumenl is measured al the presenl value of the future payments discounled al a market rale of interest. Financial liabililies classified as payable within one year are nol amortised. Debt inslrumenls are subsequently carried at amortised Gosl, using Ihe effective Inlerest rale method. Trade creditors are obligations to pay for goods or SeIceS thal have been acqulred in the ordinary course of oper81ions from supplieis. Amounts payable are classlfied as curfenl Iiabililies if paymenl is due wilhin one year or less, If not. they are presented as nDn-currenl liabilities. Trade creditors are recognised initially al transaclion price and subsequently measured al amortised cosl uslng ihe effèctive interest method. Derecognition of flnan¢lal Ilabllltles Financial liabilities are derecogn16ed when the Church's contraclual obli9alions explfe or are dls¢harged or Cancelled. 1.10 Employee benellts The cost DI any unused holiday entillement Is CognIsed in the period in which the employee's seNices are rec&lved. Terminalion benefits are recognised immediately as an expense when the Church is demonslrably commilled to18rmlnale the employmenl of an employee or to provide termination benefits. 1.11 Retlrement bèneflt8 Paymenls lo defined conlrlbullon retlremenl benefit schemes are charged as an expense as they fall due. crftlcal accountlng estlmates and Judgements In Ihe applicallon of the Church's accounting policies, Ihe Trustees are requlred lo make ludgemenls. eslimales and assumpiions about the carrying amount of asse15 and liabilitses that are not readlly apparenl from olher sourGes. The eslimales and associated assumptions are based on historical experience and olher factors thal are considered lo be relevant. A¢lual re$ull$ may differ from these eslimales. The eslimales and underlying assumplions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in the period in which the eslim818 is revised where Ihe revision affects only that period, or in the period of the revlsion and future periods where Ihe revision affecls bolh currenl and future periods. Income Irom donatlons and legacles Unrestrlcled Unreslrlcted lunds fund$ general deslgnated 2024 2024 Total Unrestricted Unrestrlcted funds funds general deslgnated 2023 2023 Total 2024 2023 Donalions and gifts Legacies 51,218 51,218 10.105 59,218 59.218 10,000 10,105 10.000 51.218 10,105 61,323 59,218 10,000 69.218 13-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STA TEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMaER 2024 from ch8riiabl? •¢llvbllo1 Unwestrtci•d Unr•8lrbct•d R•8irlci•d fundi lunds g•Tr•r•l d•lgnat•d 2024 ZQ24 To1 Unr•tritted UnMtrfet•d Resldctèd lunds lunds 9kn•rl d•#lgnated 202) 2013 T•1 2024 2023 201) Oth•r Incom• Olhei Incorne 78$ 849 1.815 H•ll IBtB Olhow incomB 06.455 149.n6 13•.012 Pfrn•vol•nc Olhorincom ).291 Pl0cl Vl•lo Olhei IncomB 2.1 P141¥9 01her1Orne 640 171 JJ2S Supporl Uolon ToN•thg• r•knbvrn•m•ni Olhw ir0M 2?,67S 22.075 J0233 URC Sythod Gr•ni ior¢hlldr•fi Ini Fimlty v40rk•r Olh* ITKorne 14,167 14.187 7,3 7.003 121.098 89,746 2,234 193.078 114,S12 180.409 14.
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from Inveslments Unrestrlcted Unrèslrlcted funds funds 2024 2023 Interest receivable 97,416 93.489 Interest received in the year was split between the CCLA Ethical Inveslment Fund, £84,187 {2023.' £82,628), the CCLA deposit fund £13,068 (2023.. £10,709) and the CAF bank accounl, £181 12023.. £154) 15-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Exp•ndltur• on I$[n9 funds Unr•strkMdunrestil¢iod Reiirl¢i•d lunds lund$ general doslgnAt•d Toial UnlIs¢t•dmro1trlttld ReitrlBtd lund lund¥ Toiil 2024 1024 2024 2024 202$ 1023 2023 202) Fundrllng and publltlty Soew donaiions. 9rarnts and18pues her fuNkalslThg COSIS Stall cosls 0opf8C4atsM artd Impairm8ni 32,009 26.569 13,737 1837 32.009 84.325 13.737 5.277 41.8e6 20,226 13.894 302 6.162 29.079 50.020 49.305 13894 2.631 37,757 .767 1.873 6S8 1.6n 74 151 3e 524 1673 115,348 76,288 37I97 1.673 115.858
TRINITY CHURCH HARROW NOTES TO THE FIMANCIAL STATEMENTS ICONTINUEOI FOR THE YEAR ENDED 31 DECEMBER 2Q24 ÉxpoThdltuw• charbtabl• lc1fvl+l Appel• P4¥iorl Outr•ieh Chlldi•h, Youth È Pro1t Vi¥lDn Support Vnk*n Toitsrldgo 2024 Tot•1 ?024 2Q24 2024 2024 2024 2024 2024 Dlrecl £0511 siafl c0$16 D¢WerAal1( Hnd Imp•tfftinl Chafilable artiw1$ 49,768 $.195 5.495 18,781 2 16.254 21.d42 10D.981 23 084 82.692 72ft 22.477 18.300 28.8SI •.745 gA42 78.798 15.240 15,037 35,235 40.777 21.442 206.757 Sh41• ol lupport and iov•man¢è ¢o$ti l¥•• i) GDv¢rnance 18.004 3.201 .402 8.402 32,009 229 4.80) 18.441 21,438 41,636 40.771 21.442 238.765 Ath•lyih by lund Vnrestrlclqd Inds. general Vnre$lrlrled funds- dvilwalpd R•Itti¢l fund$ •1,184 12.491 S.950 21.430 41.¢J6 21.442 191.192 39.87S 7,097 33,926 6,851 618 21.4x1 41,6JS 40.777 ?1.442 ?a4.76S 17.
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Exp•ndltsJr• on thirltabl• actlvltls Pi•vlous yqar". Appeal¥ Prl$• Pl¥tOr Outr¢Kh ¢bllrfr•n, Youth S Famlty 202) Proleci Vlslon Support Unlom Totl•rldg0 202) Total 202) 2023 202J 2Q23 202) 2023 D51rf1 cosi1 54.108 2&9 30.984 5,779 43 3,255 2575 17.360 173 lJ.037 2?.002 108.622 14.415 fjT.617 Dw0aall and iryairm8nl Z2• 13.626 12,426 7.314 85,349 9,077 9075 31,370 26,052 191054 Sh•r• ol •upport •nl gov•min¢fr ¢oit• lie• not• 81 Govomin¢e 20.933 4.181 8,373 8,J73 41.086 IQ6,2B2 13,261 18.348 39,743 2fj,0S2 29.C¥J2 232 970 Anlysli by lund lthre5¢dGled lunds. 9onèr81 UTrr¢slrfcied lunds. doslwAied RetId 104.OQ7 1,5(K) 77S i).? 18341 .ooz 204 365 19,280 6,772 7.775 IM 282 13.204 18241 39.743 28,052 2•.fy)2 232.920
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Support costs allocated to actlvltles 2024 2023 GoveTnance cosls 64.018 83.733 Analysed between: Fundraising - Hall Lets - 50Vo Praise- 25% Pastoral 5Yo Outreach- 10% Children, Youth & Famlly- 10% 32.009 16,004 3.201 6,402 6,402 41,867 20.933 4,187 8,373 8,373 64,018 83,733 2024 2023 Govomance co8t8 compr18fr: Staff costs Audit fees Denominational contributions Bank fees 3,000 60.946 72 3,000 80,672 61 64,018 83,733 Net movemenl In fund8 2024 2023 The net movement in funds 15 slaled after chargingllcredilingl.. Fees payable lor the independent examination ol Ihe charity's financial slalemenls Deprecialion of owned tangible fixed ass&ls 3,000 28,382 3,000 25,209 10 Trustees None of the Trustees (or any persons connected with Ihem) recelved any remuneration or benefits from the Church during the year. 11 Employees The average monlhly number of employees duTing the year was-. 2024 Number 2023 Number 19-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employees Employment costs 2024 2023 Wages and salaries Social sècurity costs Olher pension cosls Less reimbursements 106,976 4,533 3,209 136.842) 114,369 4,954 3.393 (37.3161 77,876 85,400 There were no employees whose annual remuneration was more than £60.000. Rémuneratlon of key management personnel The Charity conslders ils key managemenl personn81 comprise Ihe Trustees. and Employees. The lolal employment ben8fils includlng employer pension contributions ol Ihe key management personnel were £77,876 {2023.' £85,400). No èmployees had employee benefits In excess of £60,WO12023.' none) 12 Taxatlon The charily is exempl from taxallon on its aclivllles be¢au$e all Ils Income Is applied for charitsble purposes. 13 Tanglble fixed a88et8 Pljnt and •qulpm•nt C08t At 1 January 2024 Additions Dlsposals 292.834 68.346 (8,504} Al 31 December 2024 352,476 Depreciation and Impalrment At 1 January 2024 Deprecialion charged in Ihe year Depreciation eliminaled on disposals 240,290 28,362 (8,5041 Al 31 December 2024 260,148 Carrylng amount At 31 December 2024 92,328 At 31 December 2023 52.344
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Investments nol on balance sheet- CCLA deposlt fund 2024 2023 Manse fund Proceeds from sale of Kirkfield House 32.522 3,010,723 31.653 2.930,309 Tolals 3.043.244 2,961,962 URC Thames North Trust holds Ihe investment on behalf of Trinlly Church, these assels are nol tangible assets of the church and are not included in the Balance Sheel but are shown above. 15 Debtors 2023 2023 Amounts falllng due wlthln one year: Tradé deblors OlheT debtors Prepayments and accrued Income 36,519 798 27,041 848 37,317 27,889 18 Credltor8: amounte falllng due wlthln one year 2024 2023 Other laxatlon and social security Tr8de creditors Accruals and deferred income 1,680 1,985 19,335 2,510 1,776 4,413 23,001 8.699 17 Retlrement benefll 8cheme8 2024 2023 Deflned ¢ontrlbullon schemes Charge to profil or loss in respect o( defined contribution schemes 3,209 3,393 The Church operates 8 defined contribution pension scheme for all qualifying employees. The a5sels of Ihe scheme are held separately from those of the Church in an independentty adminislered fund. -21
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Reslrlcted funds The reslricled lunds of the charily comprise the unexpended b8lances of donations and 9ranls held on trust subject lo specific conditions by donors as lo how Ihey may be used. At 1 January 2024 Incomlng resourcés Resources expènded At31 December 2024 Music Room Fund Project Vision Fund Appeals Overseas Mission Fund Flower Fund Christma5 Day Lunch Fund Pastoral Week Fund Church Organlsallon 1,790 17,651 2.110 5.884 1,342 1,610 22 11.6731 16.8511 {228) 117 12,970 1,882 5,884 1,342 1,056 22 2,170 84 (618) 30.411 2.234 19.3701 23,275 Prevlou8 year: At 1 January 2023 Incoming Rosourcès r&8ource8 expended At31 December 2023 Music Room Fund Project Vlslon Fund Appeals Overseas Mission Fund Flower Fund Christmas Day Lunch Fund Pastoral Week Fund Church Organisation 3,483 24,423 2,338 5,884 1,342 924 22 {1,6731 {6,7721 (2281 1,790 17,651 2,110 5,884 1.342 1,610 22 1.461 (775) 38.398 (9,448) 30.411 -22-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Re8trlcted funds The charity's restricted funds are Ihose where the donor has imposed reslriclions on the us& ol the funds. These are.. Projecl Vision Fund.. This fund Is for Ihè Sanctuary upgrade Project, and any associated works in the Halls elc. Thls fund. as dislinct from the Designated fund of same name, is foi donalions glven speclfically for this Upgrade projecl Appeals: This fund is lo ensure Ihal all money oollected for other charities Is Idenllfied and sent lo Ihe nomiiialed charilies. Each appeal is detailed in advance of requesling donations. The money doi)ated is sent, with covering letter. to Ihe relevant charity and, if appropriate, requesting il is for one of Iheir specific appeals. Overseas Mission Fund.. This fund was sel up when members ol Tiinily Church agreed to sUPPQrt activities in Tanzania by maklng vlsils lo Ihat country. The fund now is lo support those who visit overseas countries for mission Purposes, and other expenditure linked to those involved, Flower Fund: Thls Is Ihe money donated for the purpose of provldlng flowers In the church on many Sunday6 Ihroughoul the year, and at other occasions when appropriate. The fund not only purchasès Ihe flowers. bul also associated Ilems such as vases lo display Ihem in, and wrapping paper to distribute them lo Church members after the seNices. Music Room Fund.. This is the money from a legacy and a URC granl lo build a room within thè upslairs areas with musical equlpm8nts. Christmas Day Lunch Fund- This is money Teceived from donors. both Church members and others within the community to enable the Church lo provide a Christmas Day Lunch or Hamper to those who would otherwise be alone. Pastoral Week Fund.. This is money glven in memory ol a Church member lo ensure Ihal the Pastoral Week aclivilies (held in October) continue for the immedlale future. -23.
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 19 Unrestrlcted funds - deslgnaled These are unrestricted funds which are material to the Church's aclivilies. At 1 January 2024 Incomlng resources Resources expended Transfers At31 December 2024 Welldon Fund Legacy Fund Benevolence Fund Project Vision Fund Reserve 175.537 19.185 6.129 3.692 100.000 66,455 10,10S 3,291 (39.6051 (37,0001 165,387 29,290 5.471 4.766 100,000 {5.9501 133,9281 2,000 35,000 304.$43 79,851 179,4811 304,914 Prevlou8 year: At 1 January 2023 Incomlng reiourc0¥5 Rè8ourc•g expended Transfers At31 December 2023 Welldon Fund Logacy Fund Benevolence Fund ProjeGI Vision Fund Reserwe 142,406 17,347 6,029 22,972 100.000 62,866 10.000 1,600 {29,735) 18,162) 11.500) {19.2801 175.537 19,185 6,129 3,692 100,000 288,7S4 74,466 (56,6771 304,543 The Welldon Fund contains money received from the letling of the Welldon Centre premises. After healing and lighting and Telaling lo the premises, it is lo be used to meet Ihe cosl of repair5 and maintenance of Ihe buildings. Any surplus can be assigned lo repairs and maintenance of Hindes Road buildinos. The Legacy Fund is accounled for separalely because il is intended to use il to provide tangible memoirs lo Ihe donors. The Bènevolence Fund is to support church members. and those in Ihe local communily. in limes of hardship. Project Vision Fund.. This fund is lor Ihe Sanctuary upgiade project, and any associated works in the Halls elc. Prior lo the Fund being sel up In 2018, there was an initial payrnenl of £1,2001o the architecl for preliminary designs The ReseNe is Inlended to provide a contingency period if Income slgnificanlly la115. This would include staff salaries andlor redundancy payment5. -24-
TRINITY CHURCH HARROW NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Unrèstrlctèd funds The unrestricted funds of the Charity comprise the unexpended balances of donations and grants which are not subjecl lo Specif conditions by donors and granlors as lo how they may be used. These Include desigi)aled funds which have been sel aside out of unreslricted funds by the trustees for specific purposes. At 1 January 2024 Incomlng re8ourcè8 Rèsourcès expended At31 Docombor 2024 Gener81 Fund 82,587 269,732 1265,263) 87.056 Prevlous year: At 1 January 2023 Incoming resource8 Resources expended At31 Decombor 2023 General Fund 95,991 267.249 {280.653} 82,587 21 Analys18 of net a68ets between fund8 Unreslrlcted Unrestricted lunds fund# general designated 2024 2024 R•strlct•d fund8 Toi•l 2024 2024 Al 31 December 2024: Tangible assets CuThenl asselsllllabilities) 27,789 59,186 51,379 253,618 13,160 10.115 92,328 322,917 86,975 304,995 23,275 415,245 Unrestrlcted Unrestricted funds funds general deslgnated 2023 2023 Restrlcted lunds Total 2023 2023 At 31 December 2023: Tangible assets Current as5elsllliabililiesl 5,672 76,915 24.217 280.326 22,455 7,956 52.344 365,197 82.587 304.543 30,411 417.541 22 Relaled party transactlons Donations received from Trustees and relaled parties. without conditions. have a total aggiegaled amount ol £8,763 {2023.' £8.4101 -25-