The Parish of St. Margaret iTr'ith St. Nicholas and SL Edmund, King's Lylln Annual Report and Financial Statements of the Paro¢hial Chur¢b Council for the Year Ended 31 December 2024 Incumbent . Rev Canon Mark Dimond Charity Number 114001) Bank: BaTclas:s Bank plc 91-92 High Street Kin¢s Lynn liorfolk PE30 IBL Independent examiners . Stephenson Sman (East Anglia) Limited 22-26 King Street King'5 Lvnn orfolk PE30 IHJ
THE PARISH OF ST.LVLIRGARET MTH ST.NICHOLAS AND ST.EDMUND, KllNG'S LYNN ANNUAL REPORT OF THE PAROCHIAL CHL]iCH COUINCIL FOR 2024 Backgrowid The PCC ¢o-operates with th¢ In¢umb¢nt, in promoting in the ecclesi&stical parislL the whole mission of the Church. pastoral, evang¢listic, sociaI and ecumenical. It also has maintenance restrf)nsibiltties foT the church buildings and propety. As well as functioning under church law. the PCC is a charity registered with the Cbarity Commissioners foT Englan"d. Membership During tho y¢ar th¢ following served on the PCC: Incumbent". The Revd Canon Mw* Dimond T¢am Vicar: Curate: The Revd Jon Price The Revd Fiona Munn ChiiTchwardens: Miss Fiona Pa.4e Grnharn Copsey Mrs Su¢ Brinton (until May "024) (From Ma}, 2024) Deanery Synod members: Mrs Val¢rie Brown Mrs Kelly Bowen El¢¢t¢d m¢mbers: Miss Jill Hell]min2s Mrs Penny Matki Mrs Sue Nult5' Mrs Debbie SeallLons Dr Deborah Hopkin fr Pctcr Jacknn Mr Wtlliam Vyse (From May 2024) (From May 2024) (From May 2024) (From May 2024) In attendance: Mr Adrian Richards (emploved as Director of Music) Mrs Kelly Bow¢n (¢mployed as Parish AdmiThistrdtor) The followillg offi¢eTS w¢r¢ elected.. Lay Chair Lay Vi¢e-ch&ir Safeguarding Deputy Chur¢bwardffl Secretary Vacant Mr Graham Copsey MTS Valerie Brown Vacant Mrs Kelly Bowen PagL'. I
TBI PARtSH OF ST.MARGARKT wrrH ST.NtCHOLAS AND ST.EDML14D, KtNG'S J,YNN ANNUAL REPORT OF THE PAROCHIAL CEtURCH COUNCIL 21)24 Review of the Year PCC Meetings w¢r¢ held OD 5 occasions the year Wit on avffage s/0 attetldance. The work of the PCC has been lsted by the work of 5 connnitteos: Worship, P&stor8L Futthi5iu& Policy aud OutwArd Giving. Dlot¢8an Visio The PCC continued its cowwitLfA¢nl to ebraCing the Diocesan Vision launched in 2021: Prayerfill. P8Storal & Prcpphetic with our fows here at the Minst¢T betDg on Ecology. People and plAMage. Fye will prayerfully proclaim ihe GoodNews ofihe Kingdom, rooting owSel in s1Pe Lmdihe sacramen¢s. We wlll wait zwon God in 51zllnS. conlemplthion and Trtsercusion. Our corporaleprnyer, an ongoing conversotion with God. will Èmbrace trudithppA4fresh £4yr10, online ap evolving models of being Chtwck lye Trvill p10r model the ministy ofihe M,holepeople ofGodrJesuY thegoOdshephd. lye will respondwiih loving service to ihe needs ofthe copnmunrt1 whue we live andwork and teack boplise and nzfture new belwvers. Ive will prophetlcally Sak out U¢L wtth tlEfve ofihe Hoty Spiril. challenging injwiice. cofronting ole1, L7rtd workngforpeace andreconcllialio We willseek io s(rfegwdthe imegrity ofcrealion and andrepww the lrfe ofihe eart Key topks of PCC mtttilly over tbe year iDclude". Bullding Matters The disruption following the flooding on the 17th August 2022 was still being felt at the Minstsr, with a large area of the North Aisle retna]lli closed off aing rnuch of 2024. Whil%t it was hoped that repairs WL)uld take pLace in 2023, this was delajtd due to fi]rther flooding whilst more investKgations by tbe Borougb CouttciI lookittg at the draiDS alld capacity There plaDneJ Work began to repair the Nave floor inApril 2024 and was Eargely complete by the eud of September 2024. The worf£ investigdting the a]nagE iisue continued througb out 2024. PlaJ)s in place for two phases of work to increase the capacity (>f the external drainage. Work io the drains at tbe west eml of the churchysrd will begin the spring 2025. 'ork to the drains at the east end of the churchy&d will ai a later de. Work to repair tbe roof over the north trdllsept did nottske plact in 2024 as hopetL. &8 the scope of the job ended up being far greater than originaIly envisione¢ ways forwaTd are still in the process of being idelltified. A traiDing bell was installed in the North West Tow. which is llow being used to trnin ll0Ce rigers. In November an application w&g SUbt*d to become &'Net Zero Carboll Demonstrator Church.. If successfvl this would r[t funding to help s¢oping.. advice alld fiSing gnd capital based TnAtch fi]nding. It woiddneed to become a major fundraising projecL raising fund% from grant • b(1&5 alld local fidraIsing. Pagc.. 2
TIIE PARISH OF ST.MARGARET WITH STMCHOLAS AI¥D ST.EDMUND, KING'S LYNN ANNUAL REPORT OF TItE PAROCHIAL CHURCH COUf*CIL FOR 2024 Key topi¢s of PCC meetinkry over the y¢gr include- ¢ontiDued.. PArlsb Sbare The Parish ShaTe Tequest for 2024 w&s £70,430. The incotne of the Parish contillue5 to fall short of pre-pandemic levcls and sigjificanl in¢r¢ases ill the wsl of living hav¢ hit the Minst¢r har( Ivtth utility sts mor¢ than doubte th"¢ pr¢- palldemic rates. However, we have seen a adUal increase since the beginning of rhe pondemic and were able to yay just short of £50, 000 iti 2024 an increase of0v £9:IMIO from ?023. {£41k iti 2023. £34k in 21Y22I27k in 2021 & £22k in 2020). The request for 2025 ts £72,595. as evu we conttllue to Work towards returning to paying 0 Parish Share in fu]L but 2025 there are a lot of rnaitLtenance obligation5 2025 (QuinqueDDiat Inspectio 5 yeAr Electrical Inspection 2nd 21Ayvdr LightniDg Conductor insmions amongst the regular maintenance issues for the yw). FinaDces The PCC bas continued to manag¢ careful]y th¢ faMnc¢s of the Chur¢b and io discharg¢ all statutory and oth¢r sponsibtlities required of it. The £(uS for 24 had cotttinued to be incrvasing contribution to Parish Share and swing that the 8j1 fi]nd maintaimed to allow us to carry ollt all of our fiscal respoDsibiliti&5. pl for increased income gen¢tIOn are in place for 20?5: Ivith a great number of events alld concerts planned, however the [[e&S¢S to Éb¢ woddoad oll a very yllail teatD Deed to be b3red in D]ind. Pgris11 Aiyay Day A successful Patish Away Day wls beld ai The Beacon Church ill January and a niffttber of key areas have been tske tOTward as a r¢sult. An updatc on progrw wa5 r¢pOrt at the HarY¢6t Lunch in O¢tob¢r. Prayers of Love & Faith In January 2024, after consLtatiOn ivith the wid4x cowegation and comtJLunity. the PCC awd to implement tbe full SLLite of the Church of England's PrdTrers of Love and Faith LF) iyithin the context of our regar scheduled suviee5, ensiwing at the same tIe that PLF will not form tILe n)ain focus of guth service& and peLinittin&. Mrytb oversight by the incumbenl all clerg>', Licensed Lay Minister5 and those lieensed ivith Perniission-tO-Officiate within the Parish team to use tliese prajers. if they so wish. And ajso agreeing S}U]d the ¢e[al SyDod agree in the to authorizing PLF in the framework of stand-alone servtces, this PaTish woutd be preped to consider it. Yelwoko P#rtner Parish Following somewhat of a breakdown of ¢o]]]]nuni¢ation with our paerpiSh in Y¢lwoko. th¢ PCC huve begun th¢ process of reviewing the relationship d iyhere we wisb it go in the future. Bishop Graham was able io deliver a letter from the Rector to Fr Jeremiah wllen be lldert)k a visit to Ghana in the summer of 2014 attempt to re-establish comrnllnication. Page.. 3
THE PARISII OF ST.MARGARET WITH sr.NICHOLAS AND sr.EDMUND. KINGIS LYNN ANNUAL REPORT OF THE PAROCHIAL CHtrRCH COUNCIL FOR 2024 Key topiL3 of PCC meetin28 over ¢he year illelude- cootillued: Whitefriars Church of England Primarv Academy 3 PCC wembers curTrnily s¢rve a5 GovenNn5 ai the Academj." Jill IIellllDiDgs (Chairl Canon MaTk Dijnond and Revd Fiona Munn. School s, eDd of t¢rm seThices and a Iwyest festival serrice are held here at ttLe M]ter and Catton NIark Dimond and Revd Fiona Munn both regularly hold Sch1 assenjblies. tn July 2024 a School Confjrmation Service was held al the Minster wbich included l Baptism and 8 ConfirllLations. R&¢lal Jmstlce Jn November the PCC welcomed Canon Karlene Kerr, the Dioc¢san Racial Justi¢e O£Yicer. Karlene ran through the Diocesan Ra¢ial Justice Toolkit and what the PCC aod Chur¢h ¢an do to etLsure tha¢ everyone fe¢ls in¢luded irL life at the Minster. Sofeguarding Tn late 2024 Valerie Brown advised the Rector that she wished to step down as the Parish Safeglwding Officer afier mally years in the role and the presS to recruit a new PISh Safeguarding Officer was beglm. On Beh#lft' of the PCC The Reyd Canon.IlarkDimond Ch4irmo Page.. 4
THE PARISH OF ST. MARGARET WITH ST. NICHOLAS LYD ST. EDMUND, KING'S LYNN FINAI4ICIAL STATELVIENTS FOR THE YEAR EhDED 31 DECEMBER 2024 GenerMI Fllnd Reeeipts & PaymeDts Aecollllt 21123 Re¢¢ts tcomi Resour From Donors Planned giving Coll¢¢tions and other giving Income tax recovered 31J09 9,6)9 14,562 55,530 34,502 8,189 49,097 Othtt Volun Donations Donation boxes (cash & electroni¢) Fundraising General Saturdav Café Tuesda&. Café So¢ial ev¢nts tncomin Resources 3.873 23,577 6J75 42 4.?72 1,148 39287 4,844 19,292 8,391 1.350 3.932 1,082 38,891 Income From ChaTit2ble and Ancill Tradin gtatuiory paTochial fees Non-5tatutorv paToGhiai ftcs Hirc of CburGh Shop and SItera[C saJ¢s 2,633 535 1817 2,907 8,892 785 4,132 3.210 11,839 Other Income Bank rewarits Invoiced charges Jnsiirance payollt IFlood repaars) Grallts- LPOW VAT reclai 121 1,450 2.385 217 23,785 5.466 29.473 Tolol Receipts 112,122 126,353 Transfers Betweett Fullds Income traijsferred to Buildillg Development Fulld Reeelpts fcarriedfonvard) 112.122 126.353 The notes on page 26 fomi part of these awounts Page.. 5
THF, PARISH OF ST. MARGARET wrfH ST. NICHOLAS AND sr. EDMUND, KIfsG'S LYNN FINANCLIL STATEMELYfs FOR THE YEAR ENDED 31 DECEMBER 2024 General Fund Reeeipts & Payments Aecount 2024 2023 Total Receipts (brtThghtforward) I 12.122 126J53 Puyfftents Resources Us Outward Fay]nents to ChaTiti¢s 650 650 Activities Direct Parish Sikue Cler. expenses Running exp¢ns¢s Electricity Insurance Building maintenauce Relatin To The Woth OfThe Church 47,667 2.309 9,739 10.399 3.400 409 40,731 1,812 13,857 8,080 5,933 Architect fees Cosl of seryiees Cost of ÈTading Shop And literatu Chur¢h office 3.001 2,343 380 2,567 721 38? 81,964 Church Mat Printing Stationery Flood r¢pairs Telephone Internevwebsite Postage Subscription5 Offifj¢ ¢(Luipment le Office ¢QUiPTnent Ex3miners fees Church hire Health and safety (including training) Bank fees Compukr ement and Adtninistration 1,978 l65 2,392 2.159 1.768 494 24,145 1.991 I.I02 541 201 1,236 171 2,400 474 65 900 195 317 1,019 775 12,643 33 977 341 35.400 Cost of Fundraisin Generd fundrni5illg Electronic givinLI Social ¢vcnts Café 113 1,084 1,605 92 2,894 1227 1,035 1,052 !13 3,827 Tothl Paymeuts (carriedforword) 93.730 121.841 The notes on page 26 forrn par. olthes¢ accounts Page.. 6
THE PARISH OF ST. MARGARET WNH ST. NICHOLAS AND ST. EDMUND, KING'S LYNP4 FtNANCIAL STATEMEprfs FOR THE YEAR ENDED 31 DECKMBLR 2024 General Fund Receipts & Payments Aecount 2024 2023 Totsl Receipts (broughtforward) 112,122 126J53 Totsl Payments fbroughtfomord) 93.730 121,841 Excess olReceipts over Payments 18.392 4.512 Transfers Between Funds Transfer to Pls Administratols Fund Transfer to Cleaner's Fwid Transfer to Flagptsle Fund (13,143) (1.945) {677) (9.561) Bank current aDd deposlt accounts at l January 2024 (2,9) 3,000 BAnk current and deposit accots at 31 December 2024 578 2,(k49) EIiTa Bockillg Holding Deposit accouut and investslleut fiwds at l January 2024 18,677 17,909 Increasel(decr&gse) in value of tnvestment FuD(is 494 768 Deposit account alld investment funds at 31 December 2024 19,171 The Eliza Boclin¥HoldirAg is aT4 tQ7Tesiri¢ied endo5¢. the in¢omefrom wluch detsgnotedto the Yicar's Di¥crelroTMry Fundty Ihe PCC The not¢5 page 20 foTm part ofthtse aG(Ots Pagc.. 7
PARISH OF ST. MARGARET WITH sr. NICHOLAS AND ST. EDMUND, KING'S LYNN FINANCLIL STATEMENfs FOR THE AR EP4DED 31 DECEMBER 21)24 TOTAL FUNDS De8igrJAttd R¢strlcted Fund$ SpeeJAI CfjllectiDns IApptaTs Receiply Bisbop8 IklltAp BishopsFund DEC TuTkey & Syria Mon]elLYing 30 30 74 102 172 60 138 138 407 WN Ctters mmill Tn Yards Nit s]lIer 431 165 431 165 36 137 91 165 30 233 200 91 l65 30 233 2W Sta Cadets Dmoore Ordination Cbristiall Aid 173 1,905 1.345 l.345 Foyments 58 74 738 172 263 173 138 137 138 102 36 BishDpsLtht Apr UkrailleAppe DEC Children's StKi chris¢1 Aid 91 91 WNRDA NDBF Night Sh¢lt DMwT 220 230 430 971 220 230 430 971 2,436 Exeess of Reteipts ovcr PRy]llellts 374 374 B8t]k current deposit actX)1tsfjt I5¥nU 2024 869 1,40D Dallk (wrjttt aTKI depo%it &CCOUDts llt31 tJxeath2024 1243 1243 869 Thenotss ollpage26 fonnport olthes¢ )u' Page". 8
THC4 PARISH or ST. hL4RGARET WTIH ST. NICHOLAS knYD . EDhXL74D, G'S LYP•Th nNANCL4L STAILIJENTS FOR IHE YR Ef4DED 31 DECEMBER 2024 2023 s41ry <on0YA9 Pay]llethts RCCBts ExNdiDITe Il2(hS (24.3491 11,206 .349) Kxtt5s ofRetdpts tswttPayJllottts Tran5ferBetWEen Fulldy Tra[[ Gollerai 13.143 BaDk¢unElliand dtaCCOuts at l JgrLuBry2024 Bankcutr¢niaNddewii #31 December2W24 Cleanff FuerRIVerger Rttoipts BRppnditure 1205 (3.1501 1205 EIeou ofRE¢elpts overFnymertq 11.9451 11.945) TtsllsterB¢¢w¢pll Ifyod8 TT8nstw frornGerLerniFuod 1,945 1,945 Nortb L)mll Fwdllub Receiptj t74 13.D58) 874 P.0581 11.4241 I2,1) 11,4241 Trdn8fcTkne T[erfroMfje[ Futtd 1,424 T¥BkcurrentM1 d¢twtx¢ountsat l JADLwyW24 B3CrKell1a1l tut3l Dellthet2tr24 The in theWwltoThg Rtteipts E¥ottdiLre 1.053 12.8Wj 1,053 13,098 118.¥4} JtsC¢s¥vfllIptsTPIY¢llts (L36) 15,826} fr4B5fer Fun Trallsfer frorn Futmi 5.826 B9ktartd dy5l1}il1Lts l Juw2024 B8Dkeurrettt8lld dep)Sittsht 31 I2(rI4 WeddingV¢ryeVsfL¢ Receipts {6101 (6101 (3,4031 Exc¢8sof Rer¢ipts TPa)ents (3,4031 ThferfroM Geneid Fulld 3.413 BknkeurrtttLattd l Jw2024 BwjkGLuLod dysi¢ar£ounts 31 DembeT2024 122 Tr oll tw¢26 foun tortofi&cse Pag¢" 9
TEtE PARISH OF ST. MARGARET TH ST. NICHOLAS AND ST. EDMUM), KING'S LYf4N FINANCIAL STATlEN[s FOR THE YEAR ENDED 31 DECEMBER 2024 21124 Dln#t¢d Restricted Fllllds TOTAL FUNDS 2024 2023 G.R Linley BeqM¢s¢ RÉceipts Inv¢stment diayibutii Ex¢e8s of Recelpts over Payments Deposit account and imresunent fiLn(L8 at i January 2024 29,369 28,148 Incr&w1lde¢rel iuvAlu¢ of Inv¢*ment Funds 777 777 1,221 DeFOSit 8ccoufLt and invesknent filnds at 31 DeLwTrber 2024 The i0the earnedoN ¢hÈ balupjce of ¢hiFJkn4 transferredto I.14%1¢)$Oio enhance the lifÈ ofiheporish in accordLwe with I1 reqwTernefrll ofihe Original beqwi lern. Miisl¢ Fund Receipts Incorne from GR Linlry Bequest Donations Fe& Colle¢tiot 1.432 2.(KTr3 716 1.432 2,(K)3 716 1.241 1,204 4.151 4.151 2,925 Payment5 Music purchases Fecs for Gividspecial suvicc5 Organist sal&Tieslfees plus Nt 1.181 560 13,935 15,476 1,181 360 13,935 15,476 415 170 12,945 Exce55 ofR¢c¢ipts over PayJu¢ots {11.3251 (I l J25) (10,020) TrAnsfers Between Funds Trgnsfer from Jojllj Jonkn Bffjue# Fund IlJ25 10,020 Bank eurrent alld d¢sIt otUtS at l J8nuary 2024 Bw]k Current and d¢EM)Sit a¢¢ounts at 3] Decemb 21Y24 The notes oll page 26 form part of th6s¢ accounts P88e= 10
THE PAIUSH OF ST. MARGARET WTTH ST. NICHOLAS AND ST. ED[UND, KING'S LYNN FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 DECEMBER 2024 2024 D&sigD#ted R&%tricted Fund5 TOTAL FUNDS 2024 21123 Orgau Receipls Donations . Us¢ ofOTW Fe¢5 R¢cita] Donations 30 4.676 4,706 4,785 4,785 Fayments PIi8 fee 572 826 2,690 4.088 572 826 2,690 4,088 Recitalists expe[ Or8an maintenance 769 3,546 4.315 Exc¢&4 of R¢teffipts ov¢r PYts 697 697 391 TrAnsfers Betweell Fulld5 Transfer from John Jordall Beque# FuDd BFJJk curr¢nt 8nd deEK>5it accounts at l January 2024 391 391 Bgnk ¢urreni and dewtsit g¢¢OUTLts 31 Dectber 2024 1.088 1.088 391 Bèll Repalr Fwid Receipls 796 1,838 ISIK) 1,098 5232 796 1,838 I,i(K> 1,098 252 126 Donatious Grant income Income from Jnvestments 789 1.167 Pay¥13 Repair8 1678 796 3,474 2,678 796 3,474 252 252 Excess DfRecelpts over Paymttts 1,758 1.758 915 Deposit acix)unt and invest[ut fimd5 at l JaDuary 2024 29,219 29219 27,536 IncreaSel(deCrea) ill value of Inve5tmeDt Futmts 494 494 768 Dewsii account and investtllent fiJnLL% at 3 1 Dtb2024 31.471 31.471 29.219 The notes oll pa8e 26 form parto- those accounts P8ge: 11
THE PARISH OF ST. MARGARET WITh ST. NICHOLAS AND ST. EDmU1D. I<ING'S LYNN FINANCIAL STATEMEiYfs FOR THE YEAR EThED 31 DECEMBER 2024 21124 Deslgnated RÉstrlcted Funds TOTAL FUf4DS 2024 2023 Wllldows Fund Re¢expl Dotmtion PaymgnLS Repairs Ex¢ess of Reeetpts over Payments Deposit aGcount and investment fun¢ls at l January 2024 406 406 406 Incr in value of Jnvth¢nt Fwids Deposit account and invtsmient fund5 31 December 2024 406 406 Vicar's Dtseretlonary FundlEItrA Boeklng Receipts th)nation NDBF V Brom The Norfolk Touch VergerF¢¢s Ringers Fee Income fro Investtnents 294 225 2.730 1730 464 789 1,772 870 3.600 870 3.600 Paymenls Te&rn Vicar Discretionary Payment A Rayn¢r L¢avtng- Wine V¢rger Fees L]) CaErkt Gifts Debt ctre V Browi ConfErtnc¢5 140 370 1730 1730 68 350 225 250 1,263 1870 2,870 Exce of Receipts over Pthywents 730 730 509 Bank tutTen( and deposit accouThts at l January 21Y24 (668) (668) (1,177) Bank ¢urr¢lll and deposit accounts at 31 Decenther 2024 62 1668 Income earnedon ihe Eltza BockingknldJng LY irtsfftltferredio rhisfvndaT d1g1W1edbY ihe PCC. not&S Oll page 26 forn] partaf thtte accotststs Page.. 12
THE PARISH OF ST. LllèlRG.4RET WITH ST. NICHOLAS AFID ST. EDMuf4D, K1Tr4G'S LYNN FINANCIAL sfATE.NIENfs FOR THE YEAR EIWED 31 DECEMBER 2024 2024 Dts1t¢d Rtstritted Funds 'roTAL FUTr4DS 2024 2023 DennltkTrlemoYlal Fund curreni alld deposit attoimtsat l Jallu 2ff24 97 . cutrnt and depilaCcounts at 31 Dtccth21f24 97 David Dep¢Ar Mttllorial Fynd Rec8ipI3 Donatioo Paymgnls Ex¢¢FJ of Rt¢¢ipts over Pa¢ts Bank current atKi de)Sir %o)uttts at l JJnuary 2024 2(K 200 B3nk and dw51t CoU[lts & 31 D¢i¥rth 2024 200 Willars Memorial FuDd Receipty Donations Payments Expellses ridxces8 of Receipts ovtr Payments BgJQ Qut atld [511 accwnts at l January 2024 1.100 1.1 currnt and deposit aceounts at 31 DeMr 2024 I.ILK) I,ioo i.i(M) D1gted l.egllcies Fund RÉc¢4DIs DoDation5 Fees Orwist,th0lr OX[K EK¢¢5¥ of R¢c¢ipts over Pa>iDents Bank cunwtattd de811 xcoulli8 at 15&lluary 2024 1500 a5 2500 BÈDk currntaud deposit 31 De(xDirr 2024 1500 15 2.500 Th¢ notrs on pag¢ 26 forn) pgriofthtss¢ a¢idYJti Pa8¢." 13
THE PARISH OF ST. IGARET wrrn ST. NICHOLAS AfqD ST. EDMUND, KING'S LYNN INANCIAL STATEMENTS FOR THE YEAR Ery)ED 31 DECEMBER 21124 TOTAL FUNDS Ik5igll2ted ReJ5trictcd Fwnds F*nd8 2024 2023 ChoirFund lie¢eip¢s (Wist'slclLO ¢XP¢llS¢5 70 70 Excc85 of Receipts overPaymtttts {70) Bank ¢UllEllt4nd&posit SLC£OUDts &t l JaDuary 2024 957 957 1.027 Bauk curr¢LtAlld&posit a¢thuDts At 31 Dec&Dkn 2 957 947 957 Floiver Guild Fulld Receipts Do]]atitiTk4 for Fknwers Fees BCKLSI Invesbnettt ittu)me 203 720 400 62 1.385 203 720 400 62 1,385 199 240 420 859 Paymews Expenses owers 116 854 970 51 1.851 I,902 854 970 ExcS of Re¢elpls overPaymeDts 415 415 (l.043) Btmk curretti aod deErf)sit a¢coullts at l jallu21r24 506 506 1,549 crni alld dey)sit accow at 31 D¢Kanber 2024 921 921 506 Ayrts MeJnoriAI Fiittd Bat)k cwrentanddy51t a¢couots at l Javary 2024 1,0 1,000 I,o(x) Bank ctItaT dysit accounts Bt31 Dallber2024 1,000 The Dotes oll puge 26 Fonn pfjrt of kn 8t1118 Pag¢: 14
THE PARISH OF ST. MARGARET WITH ST. NICHOLAS AND ST. EDMUND. KING'S LYNN FINANCIAL STATEMENTS FOR THE YEAR EYDED 31 DECEMBER 2024 2024 Deslgnated Restricted Fullds TOTAL FUNDS 2024 2023 Chlldrens Work Fund Receipts DonatiQJL8 120 120 120 120 380 380 Payments Restsurce 195 195 Exces5 of Recelpts oyer Payments 56 56 185 Bauk culrent and dep)sit accounts at l Januati. 2024 433 433 248 Bank cwrent and deposit a¢¢ounts at 31 Decem 2024 489 489 433 The Childrenf IVorkF*ndis Trpportedby o momhly donation GenerulFwid. John Jordgn BeqDest Fumd Receipt5 Rl of house En'gY Refid tncome from n£tnts 7.200 7,2(X) 6,920 1.423 8.623 8.623 10.728 P4Vts HOUSE Idting fe¢5 Mailltellance of bous¢ 1,450 888 2J38 132 132 922 cw ofReceipts over Payments 7.701 7.701 8.390 TrSfer$ Between Funds Transfer to Musi¢ Fund (11,325} (1lJ25) (10,020) De51t account and vestMent fi]nd5 at l January 2024 68.103 68,I03 65,213 Realisation ot fullds on thare disposal InLYr1{dereaS¢l in value of InvesunenL Funds ,595 1,598 4.520 De51t accout]t and inv&%t¢t fullth at JI Dece]kn 2024 66.077 66.077 68.103 The bÉ4uést of iAé lthe Jolm Jotdll is ptriC¥ed 'forikn b£11 fmdpromoiion of tt£ttsie in gep2era/ opdrhe org&n itsparlittulur." The P.C.C. L7pply ihe IOe or cllpiiul ¢hrough its musicfvpd org£WfvP andchoirfynd li is also x¥ed to meei expenses ofathlin1ering house th wtuparl oftke b¢quesl. rental iiKome from hox¥E will bepart ofihe irKorne ofihe beq¥esifvrnl D¢SIt acc(11 at 31 De£aryb 2024 Investment fund5 at 31 December 2024 4,063 62,014 4,063 62.014 (4,950) 73.053 68.103 Tli¥ nutes on page 26 Form purt of these acei)unts Page: 15
THE PARISH OF ST. MARGARET wrrH ST. NtCHOLAS AND ST. EDMU74D. KING'S LYNN FINANCIAL STATENENTS FOR THE YEAR ENDED 31 DECEMBER 21124 TOTALFUNDS FuDd5 2023 North LYDD Proleet Fund Ree£yts E4LMethodi8t Churth BUildSpI0JCGtFutliD8 GraDt 95280 PaiThwents .JkileN'S Fees Cimshu¢tion Fees Quantsty sU¢Y Bud8¢iikngem¢Dt Sslry glldexpeosBs Utilities ?41 318,354 10,069 1.890 24254 24254 502 B2Dk fs 33 24287 33 24287 107 331.163 Eieess of Rec4ipts oyor Payments P42871 (24287) 5.8831 Distslbution fund NonbL)rym MetlLO(Lst Ch {LI.61TJ (11.617) BaDk dewsit accounts at l J4lluary2024 35.963 35,963 271.846 BaDk alld (kwit aCcts at 31 De¢emkn2024 59 59 Trerg commiimenifrom the Pccto contrtbztge Q37,663ts theproJeclarxldeJYl0pJl ofrlx Chw.h iftNorth Lymi.IhefyTdF 12v8 beefv deSigr47dty PCC. Ikis kn bwp7idinfvllwaL31 December 2024. Bolt McThoriAI Fund RecewÉT Investmwt 89 89 Paym¢nts 4Xtw ofR¢L'¢ipt$ over V¥yroeDts 89 BaDk ¢urTQDt and depOsitllts Rt l J]tllw224 1.787 ,787 J.787 BDDk ll[eDt allddeposiL acc4xts llk31 D#elltt*t2024 1.876 J)ovtson Mobllorlg] ¢wr¢ul Jndd¢p)st¢ l JaDDSry 2(f24 5,O(X) The ttotes QD 26 forffl trt of th&se Pll8e.' 10
THE PAIUSH OF ST. MARGARET WITH ST. hJCHOtAS AND ST. EDLbtUP4D. KtNG'S LYE41¥ FINANCIAL STATEMENfs FOR TItE YEAR ENDED 31 DECEMBER 2024 2•24 TOTAL FL74DS F*ds 2023 gpolo Fllld Re¢£ip£F Dollètiix 466 ,466 23 Pwents 3.177 3,177 3,176 3,176 3.177 EXC ofRettlpts fjvetP4Yets 13.154) 13.1541 ,710) TrMbJJfers Bemttk Funds TtaJsf¢r from audio ¥ystoJthd Tr8Dsfu frojn gellttal fut 677 677 Bk¢u[¢taT3deY}srtacC0Ulltsat l January2024 l.Y15 1.115 3.685 80kcurrentADddeposit ac¢ourLts 81 31 Decr 2024 Receipts ceMaicO]ne Cr1 REpa)tstht sce58 ofRtttlpts fjverPayffjents Trn$fet¥ B¢rw¢eth Transftrto audio fi 15521 B9k¢U[ent adE>s117cllts at l Ja]Juary 2024 552 D8nkeurretstarMldeposLI a<xouttts Bt31 Der2024 PAg¢.' 17
THF PARISH OF ST. MARGARET MqTH ST. MCHOLAS Af4D sr. EDMUND, KtliG'S LYNN FINANCIAL STATEMENTS FOR THE YEAR Ebry)ED 31 DECEMBER 2024 2024 Iksigllated Re5trirted Funds Funds 2024 2023 Building Development FuDd R4ceipÉs Donauons Payments Stsff salaries Staff tax rthd tLational tDsuraDce Staff p¢nsion ¢ontribution B(l{lets OtIL¢r costs 51 xcess of Receipts over Paylllents (51) TrAnsfeR¥ Betwten Funds Transfer from General Fund Transfer to Margery Kempe ProjLKt Fwid B&Jk tUt and deposit accounts at l January 2024 (10273) (10,273) (10,222) currellt and deposit accounts 8t 31 Decanber 2024 10273 (10,273 10,273 1he not£8 on page 26 fomi part of thdqe atcounLS Page: 18
THE PARISH OF ST. MARGARET WITH ST. NICHOIAS AND ST. EDMUND, KING'S LYNN FITrIANCIAL ST ATEMENfs FOR THE YEAR ENDED 31 DECE_MBER 2fy24 2024 D¢sigu#¢ed R¢s¢ri¢ted Funds TOTAL FUNDS 2024 2023 Margery Ketnpe Project Fund Recgipts Donations NDBF 2,500 2,500 Payments Building works- Repair& Conse¢vdtion Expens Building Trvork5 Staff salaries Stsff lax alld national insurance StTnl0 contributio 41 41 688 3.668 3.090 325 139 7.910 41 41 Excsss ofR¢¢eipts over Payrntnts (41) (41) (5,410) Trnnsfers Between Funds Transfer from Buildittg Project Fund Batsk current alld deposit acUnts l Jat]uary 2024 77 5.487 Bat]k current and dep)sit ac¢ounts ai 31 Decemb¢r 2024 36 36 77 I¢ not¢5 on pag¢ 26 fovn pJrt of thes¢ ac¢ovnts Page.. 19
THE PAIUSH OF ST. MARCARET WITH ST. lcHOLAs Al ST. EDIVIUP4D. KING'S LYNN FINANCIAL sTATE[s FOR THE YEAR EllED 31 DECEMBER 2024 2024 D¢slgD2ted Rc8tritted Fwids Funds TOTAL FUNDS 2024 2023 Food Hub Flllld RecÉipÉ F4CF- Foodhub 26.402 9,950 Payments Other costs 20.636 20,636 59,791 59,791 Exeess of Rece5pts over P*yments (33J89) (33J89) {10.6861 Bank current deposit a¢¢owits at l January 2024 34228 34228 44,914 Bank current and deposit accounts at 31 Dectrnber 2024 839 839 Wy&l$ingh4m Way Receipts BCKLWN Norwich Cathedra] 750 750 1,500 P£Jyments Tim Wall 1,000 1,000 Exeess of Retelpts over Payments 500 Bank current atld d6positaccouDts at l January 2024 500 500 Bank cuttent and deposit 0)t$ at 31 D¢Cen 2024 ¢00 500 500 Audio Syste Re¢eipl$ Donations Grants 1.143 1,143 loo 3,6lO 3,610 19Y) Pwepjl Other ¢osts 3,8iO.00 3,850.00 Excess of Recelpts oyer Payments {240) {2401 190 Transfers BetwteD Transfer frotn fvnd Transferw flagpole fiu 552 (502) (502) Bank current and deposit accounts at I Salluary ?024 742 742 Bank current and deposii accounts at 31 December 2024 742 Th¢ notes on pag¢ 26 forlll part &t¢owits Pagt.. 20
TKF. PARISH OF ST. MARGARET WITH ST. NICHOLAS A.YD ST. EDMUND, KING'S LYINN FINALNCIAL STATEMEIITS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Designated Restricted Funds FMnd$ TOTAL FUNDS 2D24 2023 Fees A¢¢ollllt Fllnd Recgipts Ashes """" Blessing 281 l.229 162 5,5iO 281 1,229 162 5,550 8.281 IS,503 122 4,894 4,002 9,018 Fullerals Weddings 15,503 P(rymenls Other third party fees Cheques Bank TIl¢ off NDBF pcc 3.930 2,008 1.239 4.672 4,672 14.158 14.158 10,156 Exce55 of RcIpts over Payjllets lJ45 (1,138) BaT& f¢&$ account at l January 2024 2,384 2,384 3,522 Bank fe&g at 3 1 Dectmber 2024 3,729 2,384 The notes on page 26 form part of these accounts Page.. 21
li $iiiag. jli" J }li. J Ill- Ill- !J2- 152- ii. 4 J i 11
THE PARISH OF ST.,WGARET WITH ST.NICHOLAS AND ST.EDMUND, KllYG'S LYNN ANNUAL REPORT OF THE PAROCHIAL CHL]iCH COUNCIL FOR 2024 StthtsmeDt of A&8ets and Liabilities at 31 December 2024 Investment Fund At th6 I" January 2024 the PCC held illvestllLellts with CCLA attdM&G as follows: . COIF Investtt)ent Fund 3523.63 units CBF F¢d bitrrest Stcun-ties FuDd 640.10 uDits CBF Propety Fund 17,670.14 units CBF UK Equity Fund 628.4) units CBF Global Fund 6,794.40 ullits CBF Investsnent Fund 1203.43 tmits M&G Chakifund 1,229.161 units M&G Chanlond 408.419 lt$ Totsl 37,463 927 21,648 20,560 27.204 17.638 457 £ L27,136 Addition of investments durin cotF Cknriti&s Inv&stm¢n¢ Fund (1,635.33 wjits) CBF Fixed Intera%t Seollities Fund CBF Property Fwid CBF UK Equity Fund CBF Global Fund CBF Investment Fund M&G Charifund M&C Charibolld Summ of incfe*Lse from iDvestTnents durin cotF Clwities Investment Fid CBF Fi%ed Interesi Securities Futsd CBF PrortY Fund CBF UK Equiry Fund CBF Global Fund CBF ILYtstment Fund M&G Charrfund M&G Charibond 848 120 16 1,287 623 461 16 3.366 Tbe llotey on page 26 fotTr parl ofib&%e accouttts Page.. 23
THE PARISH OF ST.MARGARET wrrH ST.NICHOLAS AND ST.EDMUND, KtNC.'S LYNN ANNUAL REPORT OF THE PAROCHIAL CItURCH COUNCIL FOR 2024 Statement of Assets and Ligbiliiies At 31 December 2024 JnvestmeDt Fund5 ConL Ve8tent fidS at 31st December 2024 cotF Investment Fund 1,887.8 units CBF Fixed Interest Securities Fwjd &.]0 units CBF Property Fund 17,670.14 uDits CBF UK Equity Fund 628.45 units CBF Global Fund 6,794.40 units CBF Inv¢sttn¢ut Fund 1,203.43 units M&G Clwifund 1,229.161 uDtts M&G Charibond 408.419 units Total 38.311 954 21.768 1255 21,847 47.827 18,099 441 130.502 Apportioned.. ElizaBo¢kin8 (Vi¢aVs Diwdionary FuDd} Linley Bequ£st Bell FllThd John Jtsrdall Bequest 14.6 23.]fi 14.6W¥J 47.52% The notes on paBe26 Iorn) pth ofthese ac4ouuts Pag¢.. 24
THE PARISH OF ST. LIIARGARET WITH ST. NICHOLAS AND ST. EDMUND, KING'S LYNiY FINAF*CIAL sTATENTs FOR THE YEAR EhJED 31 DECEMBER 2024 Statement of Assets and Liabilities at 31 December 2024 2024 2023 A35ets Liabilities Accountancy ¢barg¢s Light and heat Outward giviThE Ptirish share Clivedell retentioL 1200 1,200 2.511 600 3.167 11,087 3,711 There was a copnmitmentfvm the PCC to CoFJtrlbe L?37.663 10 tkproject anddgvelopfrneits ofthe Ghwch in Norih Lynithefvth have been designotedby ikPCC. has beenpaidin fvII LZS 31 December ?OJ4. ented alld aept by the PCC for ad¢)ptioD at the AnDval Parochial Me4] osed by. SecondeAJ by: Th¢ notrs on page 26 forni part of these a¢¢ouots Page.. 25
THE PAIUSH OF sr. TrL4RGARET WITH ST. NICHOLAS AND ST. EDMUND, Iai%G'S LYNr4 NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2024 l General InfoTmatio The charity is apubiic b¢uefii entity And a rtg1ertd charity Fgland alld Wal6s 8nd is uJJineorpor&ted. Th¢ addr&t of the print:.pal otSce is The Ministe£ OfficE St MargvJrVs VirThg¢. St h48r¢s P]ace, Kittgs Lyn NoTfolK PE30 SDL, Ettgitnd. 2 Aetounting policies Basis of preparing the financial $tt¢mtnts The fmallcial thte]n¢Dts hav¢ b¢¢T) pfrpaTed io compliance withFRS 102. The FiJJaT)citil Reporting StsndaTd applicable in the UK the R¢pLblic of Ireland,. the StattnTrent of Recotorryended P]8ctict app]icabLe charitie5 prepill8 th¢iT ac¢ots in accord8Dce ththe F9JIrthj ReportillE Staftd8td appjicable i]L the UK aJ]d R6publiG ofimisnd (FRS 102) (Charities SORP (FIL8 102)) the Cbarilics Act 2011. Th¢ finMCi st&ternents have beell prerthrcd onth¢ hi5tOTioi cost b&si& &5nllxii6ed bytbe revaluation of ¢ertaiti finaoeial &8sets and liabiliti&% and iDvc5tment pwtrties JJJeaSU atfair valuc through income or expendimr Due to tIL¢ ifiCFEased wss incojlle during the year. Stmargort's 8ttd St Nicbol&sPCC fiD9ncial Statements haye b¢¢n PT¢pJr¢d (pn aL aCcnlS b[& Aistoricalty. the fjllwiai ststcmtttts b&Ye beeD prepared on a rtipts and payments bwis. The finmciai 5tattwts are prcpaTcd in stttlin& Fthich isthe funrtional of the entity. Golng Conter There are llo material ull¢¢rtainties about tht chariiy's abilityto contillue. lu¢omittg res0reeS All ittc¢)ming r£wurces are include(l in th- stats¥n&Jt olfinarL'ial alltI¢5 when entitlclli¢nt has pJswl lo the eharity. it i8 pro1¢ that the e¢onornit beDefits lated wiib thetran58Ction will flo to the cbarrty alld tbe a0111 call be rcliably TDe&iur¢d. The folEo%¥itig specicic policies are applicd to pwtieuI c4legories of income.. - incumc from donations or grallts is rwised kn thae is evidence of eDtitlem¢nt to the gft, trGBipl is probablt and its aoIt &be ffl¢a5ured rtliably. ~ intorne from donated EQM)ds is neasured at the fair value of the E( Unl this is itnprnctica] to TnEasu]r reliably. in which ce the v&lu¢ is derivtd fro]llth¢ 10 the dott0rorthe£illled Te6aJe vaJu¢. Donat fatililic5 arnd strvict5 are recognised th¢ 7&¢OuU when e1Ved if the value can b¢ liablY Tn¢asuThl. No mounLs are included forthe contn1)iOll of g81 voltter REsourc¢s ¢Jp¢nded ExpenditUTE is r¢cOgTrl5 on )¢cru8]s basis &s a li8bilrty i5 ItlTr¢ EXs*rtd]tu illclud¢ any VAT wbich cantLOt be fulty rw0V and is c]aSsi1 UDder he&JiDgs of the s(¥temthi of fi]le11 activities to which it relts: - txpendittir- OD Tai5ing fimd5 includES kht costs of sll fill1drSIDS t[vIti even4 tson-charitftble tt2ding activities, the Sale of donatrd goods. Poge.. 26
THE PARISH OF ST. MARGARET WITH ST. NICHOLAS AND ST. EDMuf4D, laG's LYNN NOTES TO THE FINANCIAL sTATE.v[s For The Year Ended 31 December 2024 Resourctt eipended tott - &xpenditure i>n C1t8bl¢ acliTriti&% iDcludes all coos illarrell by & cl)arity iti uodertoking &ctiviti¢s thatfillther its chaThtablc aim5 forthe benefit of its benefici8rie& includiDgthose support costs attd costs relatinE to the gov¢rn4llrt of th¢ apporti051 kn Ch1tble activitics. - other ¢xpeDditur¢ L1¢1ud¢s oil ¢xpenditLty¢ that i% ]thErrelad to raisillg funds for thB Cknty nor partof its expenditure oo charitable actiVi1ies. A]1 costs are allocai&] io LKpenditure cAteEoTies the use of the rdsouTC¢. Dire#vtOSts gttributsble to a singlt actiTrity are allocated direcuy to thai auivity. Shartd costs are apportiotte41 betw¢%n the athivitidg they contribuie to on a reasonabl4 justifiable and consi%trnt b&%is. T4xition The eharity i$ exett¥t frothtsx 00 ¢b8rithle activities. Fund accountin Ullrestri¢t&J fullds ¢aD be used ill accord with the clJarithb160bjediv&s atthe diwetiOD of the tnttes. Re5triGted fi]nds ean onlyb¢ used for particular restricted pww5e5 within the obje£ts of theeharity. Restrictii>JJs arise whEn specified bythe donor or wh¢&fuud5 atr T8]sed for Ptrtscular te5tricted purpox8. FurtbeT explanation olthe D8twc arAd purpose of each fithd ts intluded irt thets(>trS to the finattciai statem¢ttts. A finallcial asset or a financial ]iabiltty 15 recogn ootywhen the ctY becomu to the coJJtractL] PTOVi$iOnS of the iT]strument. B&sic fink)LciaI itistsThmats are initl4ltygDJs¢d 4tth¢ OUtrCelvablC or payable including any related transaction cost Current assets currnt liablti& ar¢ subsequ measure41 * the cwb or oth¥ a)rtsiJer8tioJJ expected to b¢ paid or Teceiv¢d and tLOt di5countré. Debt instrumellts are gjbsequentty me&%uted at amorti c. WIL£ inv¢stts 5hare5 are publicty ¢TwJ¢d ox theirfair Yaluc otherwise bcrnt&wcd rcliably. the inv1¢t IS 5ubEcquentty t]Ka5 * fair vali wtth clHiges in fair value reeo&iised ip. income and ¢Ktnditur¢. Ail oth¢r such luvl[lnts 5ubs¢queDtiy m¢&wr¢d &c051 le55 imP8inDenL Othcr fts)znfftal iticEllditig dev2tives gre initis]ly retognised at fair vaJu¢. unless pas[Dt for an asset Is deferred be?'olld llornjai bsities8 tern)s or litiallced ai a te of int1 tbtt is not amosket rat¢, in whi¢h cast the *set:.5 %red ai th¢ prLYLi wallle ofthe paYnnts discotsnt&l at amsrket ]8te of interest for & sirnilaT debt illstnunent. Oth¢r finatsrial iD5trUt[Le are subseqEKlltty [nllred at f8irvaluq with gny recogDised in the statthllent uf fiDanGiaI artiYiti¢& with the [ptiOn of bedgKDg in a dGsign&ted hedging relationship. Page". 27
THE PARtSH OF ST. MARGARET WITH ST. TrIICHOLAS AND ST. EDMUND. iaNG'S L YNN NOTES TO THE FtNANCIAL STATEMENTS For The Year Ended 31 December 2024 FinaDcial in8trumellts eonL Finall¢ial aths that0 me&wred at C05¢ or amorti5ed cosi are rEVi¢d for obj¢AiThe eYiden¢e of iJnpaim]ellt at th¢ end of Teporting date. If there is objective evidaLCe of joyinL ao impairtnetit Ios5 is recognised uttder thr approwi&e heill8 iuthe siatemeDI of ficlaI •ctiviti&s in wtlich the [bo1 gatii wa5 rw)gnised For 8]1 equity Illstrtt0Jts re8aTdle&s of si8DifiCaD oth¢r fuMDcial that are individually Silifican4 these are assessed irLdividLaUy for iJ]pairmeoL OtlKr fiuar.cial assets are=tther asse58ed diViduallY or gTouped on the b&sis of similar credit risk ¢harackTiAics. Any rcv¢Tsals of SmpajrnLt are r¢co8Dised immeditrly, to the extent thatthereveryal doe5 not resul¢ in a carTr?ng amount of the r]naD¢ia] &85et th8t exceeds w]J8t the canyiDg amouttt wollld h&¥E been had the irnpairment llot previoLsly been reco15¢¢1 3 Trths¢e¢s' rEmuDtraiioD )ud beDefits There WEr¢ no tystees, remiiDeralion or othtrFnefits for the Y eA)ded 31 2024 oor forttK y exLded 31]kcember 2023. Trustees, txpenses The were no trt¢S, axpEDses paid forthe ye4rended 31 DecemkT 2024 llot foT the yeor endtd 31 Dllber 2023. Page.. 28
Independent Examfiners, Report to The PCC of St. Trlargaret iyith SL P4iehol8$ and SL Edmund, King's Lynn I report oll the a(Kounts of the PCC for the year ¢Dded 31 De¢emlKr 2024. wthich ate set out on pages I to 24. This report is made solety to the charity's InL8tee& &s a EKKiy. in accordance with section 145 of the Charities Act 2011. My work has been undertaken 50 that I might btate to the clwittls trilstses those llRtters I am required to state to them in this report ad for no otber purpose. To the fllllest extent pernjitted by law, I do not accept or Issu¢ re3POtLsIL )ility to anyone other tban the d]arity and the clwiW5 trte8 &5 a Ex)dy. for my work. for this repor4 or for the opinion8 I have fojme Respective respollsibÉiitie5 of the Trllste49 Independent ExawineT As trustees of the chariry. tbe membets of the PCC are Teswible for the preparaliou of th¢ awunts. They consideT that an audit is tLOt required for this Tr'ear under stctioll 1$112) of th¢ Charities A¢1 2011 (the 2011 Act) and that au itidependent tX8miTyation is needeiL It is my responsibi]ity to.. • examine the accounts under section 145 of the 2011 ACL . follow the procedures laid dowT in the GeT)eTal Directions given by the Charity Commissioners section 14£(5)(b) of the 2011 ACL and ' state whether particularjnatters have Iotlle to aiientil)IL Bagis of Independent Ex2mÈners' StstemeDt My &wiination was carried out ID a¢c4)rdau(e with the General Directions given by the Charity Comn)ission. An examination includes a re%ieli of the accouDiing rttor(Ls kept by the clwity and a comparison of the accounts presented Trith thoge records. It also includes consideration of any unllsu8J items or disclosures in the accoullts, alld seekillg expla[tIOnS fro the llJallagellLellt colljmittee collcernillg any such lltter5. The procedLe5 LwdertakeJJ do Dol provid¢ all th¢ ¢vid¢ll¢¢ that would be required in a amdit, and ¢on$equently I do not express and audit Op[Di( oll the accounts. Independent exaininers, ststtment Ill conllection with my ¢1]natiOn, DO matters have come lo my attention: which gives me reasouable cause to believe that in anymaterial respect the requirements . to keep accountillg records in accordallce witb s.130 of the 2011 Act" aud ' to prepare accounts which accord with the accountino recorL 3]Jd coD]ply with the a¢coLmting requirements of the 2011 ACL have not been met: or to which. in my opinion. aitention sbould be drawn in order to enable a proper ulldetstanding of the accounts to be reaebe(L Dall jtrZebskl FCA CTA Stephenson Smart (E8St Anglia) Ltd 22 - 26 Ktng Street King's Lji Norfolk PE30 IHJ D8t¢'. 19tl) May 2025 Page.. 29