REGISTERED COMPANY NUMBER.. 07284461 (England and Wales) REGISTERED CHARITY NUMBER: 1141117 THE ST MARY'S AND ST GILES, CENTRE REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Williams Denton Cyf CILartered CcrlifJ¢d A¢¢ountaDts Gl8s15 Ffordd y Par¢ Pa Mcnai Bangor Gwynedd LL57 4FE
THE ST hL4RY'S AND ST GILES, CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trust¢¢S Jndepend¢nt Examiner'j Report ststement Of FiD¥nciJl A¢tivities Balgnee Sheet 6 to 7 Notes to the Flnand81 St2t¢m¢nts 8 to 14
THE ST MARY'S AND ST GllES' CENTRE (REGISTERED NUMBER: IJ7284461) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Thc tnjsiees who ar¢ also direelors of the charity for tbe PULyoses of the Companies Act 2006, pr¢s¢nt th¢ir r¢port with the financial statements of th¢ ¢harity lor the year ended 31 March 2025. The trustees have adopted th¢ proyisions of A¢¢ouniing and Rcporting by Charities.. Statejnent of ReComMeIed Practice applicabl¢ to ¢hariti¢s preparing their ecounts in accordance with the FiTW)¢ial R¢porting Stsndard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019). OBJECTIVES Af4D ACTIVITIES Objectlves and girn$ Th¢ promotion of r¢ligion anil ¢du¢ation within the principles of the Anglican Chu1), by m¢ans of acJd¢mi¢ r¢a[ch and curriculum developmeThl, publi¢ation atsd di¢InatiOll of education and research pap¢rs and mat¢rials, the traiDillg and education of prof¢ssional and lay pa$tors. teachers and Yolunteers and the support of ¢du¢atiou providers. The Chariry has worked ext¢nsiv¢ly in fvrtbering its objects and. since its founding in 2010, has established a core staff and body of adviseTS with intemalional reputations in tbe field of religious ¢dUtiOn. It has d¢Yeloped and rnaiDtained resources for th¢ advanc¢m¢nt of religious education available to both educational and r4s¢arch ¢stabliSh¢llts and to the publi¢ gen¢rally It has established and operates a P05tgraduaf¢ Learning Cornmunity in Christian Education, supporting n)ast¢rs, PTof¢ssioDal doctoraie and PhD level research, designed for T¢ligious ¢ducatois and church leader5. It undertake5 and publishes adeMiC research, the useful products of which ar¢ available to the public generdlly. The twst¢¢$ and staff work together to draw up strategic plans, from whi¢h priorities are set and specific work plan$ devi5¢d. Throughout thi5 process the trustees have regard to the Charity CollJrni5sion'$ guidallcc oll public bcDcfit and ensur¢ ihat S¢Tvie¢s meer these criteri& Publ1¢ benefit The trnst¢¢s ¢ollfirrn that they have referred to the guidance contain¢d in th¢ Charity Co]nmi5SiOll'5 general guidance on public benefit when Ieviewitjg the Charity's aims and objectives and in planning fvre activities. ACHIEVEMENTS AND PERFORMANCE Charitable ¥ictlvlt5es- activities deliver pub]ie bentfit Th¢ ¢barity has w()ed extensively in fi]rthering its objectives sillce it5 founding in 2010. and has activ¢ly ¢ngagcd for public benefit in the promotion of T¢ligion and cducatioii Èn accordance with the principles of the Anglican Church. It bas dune ihis by means of und¢rtaking ¥ademic re5caTch, and ensuriTJg Ihat the fmdings of acodemi¢ resurch hAve been wcll disseminat¢d within the user commurtiiies. li has done so through the d¢v¢lopment of curriculurn wourc¢s, and the dissemiDation of th¢s¢ r¢sOueS for public bencfii through activities engaged with by schools and chuwh¢s. For exaPIc. the St Mary's Centre website provides publicly accessible and free of ¢haTg¢ rcsouw¢s to cnabl¢ schools in Wales to provid¢ i¢ligious ucation. Rclcvant maierials at both secondary and primary level or¢ a¢¢¢s5ibl¢ through th¢ wcbsit¢ in the medium of We15h as well as English. Thc charity has d¢ltv¢r¢d public benefit by tollaborating with the University of Warwick and Bishop Groueteste University Lincoln to provide opporttmilics to enhan¢c the professional competence of religious eduejiors WOTking both within schools and within churches. Research undertaken by thc ¢h3rity has delivered public benefir by providing rescawh-ba$ed infornied infomiation for the Schools and Curriculum Rcvicw undertaken by thc Welsh GovernmeTrl. The ¢harity l)as delivered public benefit by collaborating with the Wales Association of SACRES and with the 22 individual SACRES within Wales. through reseaTch capability, to enhance their dclivery of their stathtory obligatlODS. FINANCIAL REVIEW Overnll the Charity mad¢ a n¢t sllrplus of £5,992 (2024 deficit of £11,486) of which WLr¢stri¢ted ThdS made u surplus of £9,794 {2024- d¢fi¢it of £9,337) and restricted funds made a deficit of £3,80212024- d¢fi¢it of £2,149). Closing funds at 31 March 2025 were £30.213 (2024 - £24,221) of which £27,187 w¢re unTesiTi¢t¢d (2024 £17.393) aDd £3,026 were restrieted (2024- £6,828). Reserve$ polley The tNst¢es have examined the requirement for free re5¢ry¢s which #re those unrestricted funds not designated for sp¢cific purposes or othenvise ¢ommitt¢d and ¢onsid¢r it peI kn llydiniain a minimum amount of £20,000. PrineipAI funding sour¢¢s The charity's main fvnding 5011ry¢5 are from other religious orgallisations in the forni of grants or prgjKt f¢¢s along with symposium and ¢onfer¢n¢¢ f¢¢s. Page I
THE ST MARVS AI¥U) ST GILES, CENTRE (]iEGISTERED NUMBER: 07284461) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charity ts a company limitcd by guarantee and is gov¢rn by its Memorattdum and Articles of Association dated 14 June 2010. It is reStered with the ChaTity Cotnmi55101h. Any organisalion tsr individual over the age of 16 can b¢wm¢ a tn¢mb¢r of tbe tharity at the discretion of the TNstees and there are currently 3 mcmbers (3 in 2024). each of Twhotn agrd to contribte £1 in the event of the company being wound up. ReCltment and appolntment of trustees The operation of ihe eharity is managcd by a board of Trusteo. The Trustees of ihc Charity are directors of the Company for th¢ puryxTrs¢ of the Companies Act 2006 and charity trustees of the Company for the puryosc of the Charities Aet. There is presently no TeslTiction on the maximum number of Trnstees but th¢r¢ is a rnirtimum three. Trustees are appointed in accordance with the Charivs Artieles of A&sociation. In con5idcring th¢ appoin¢m¢nts, the trustees w511 comply with the Charity Commission's guidance as set out in Charity Commission Bookl¢t CC30- Finding N¢w Trustees- What ch8rilies need to know. m¢berShIp of the board of Trnstees will Cur&telY as possible reflect the membership and objects of th¢ Company a8 s curr¢nt at th¢ time. Related Parties Due to the natur¢ of th¢ ¢hariWs operJtion5 and the composition of the board of Trustees it is inevitsble tl] trallsaetions will tak¢ plw¢ with Qrganisations in whi¢h a member may have an interest. All transactions involyitig organisatii)ns ID which a Trust¢¢ may have an interest are conducted at ann's len REFERENCE AND ADMINISTIL4TIVE DETAILS Reglstered Company number 07284461 (England and Wales) Reglstered Ch#rity rtumber 1141117 Registered office Glasl Ffordd y Parc Par¢ Menai Bangor fjwyncdd LL57 4FE Trnstees MT P R Williams IChaiT) Prof C A Lewis Tbe Rt Revd Dr D S Walker Management Committee Revd Canon Professor L J FraD¢lS (Honordry Director of St Marys Centre) Revd Dr T ap Sion (Executive DitOr of St Mary's C¢ntre) Mr P R Williatns (Chair) Prof C A Lewis Tb¢ Rt Revd Dr D S Wa]ker Page 2
THE ST MARY'S AND ST GILES, CELYTRE (REGISTERED NUMBER: 07284461> REPORT OF THE TRUSTEES FOR THE YLAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Williams Denton Cyf Chartered Certified AccounlaDts fjlaslyn Ffordd y Pazc Parc Menli Ballgor Gwynedd LL57 4FE Solicitors Allirtgton Hughes 10 Gro$venor Road Wrexham LLII ISD BAnkers Barclays Bank 51 Hope Street Wrcxham LLI I IBB AppTov¢d by order of the board of trustees on. - atld signed on its behalf by.. Mr P R Williams (thairj- Trust Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ST MARY'S AND ST GILES, CENTRE IDdependent examlner's report to the trust¢¢s of The S¢ M*ry's And St Giles, CeTh¢re {'the Company,) I rcport to the charity trustees on my exa]nination of th¢ a¢¢ounts of the Company for the year ended 31 March 2025. Re5ponsibilitie$ and b451s of report As the charity's trustees of the Company (and a150 its dir¢ctors for the puTr05e5 ofcompany law) you are responsibl¢ ft>r the paratiOn of the accounts iti accordance with th¢ rwir¢m¢nts of the Companies Act 2(NJ6 ('the 2006 A¢V). Having satisficd myself that the accounts of th¢ Company ar¢ rKIt required to be audited under Part 16 of th¢ 2006 A and are ¢ligiblc for independent examination, I r¢port in I¢sp¢cl of my examination of your charity's accounts as carri¢d out under Section 145 of th¢ Charities Act 2011 ('the 2011 Act'>. kn ¢auyiDg out my examination I have followed th¢ Directions given by th¢ Chariry C4)mmission under Section 145{5} Ib} of the 2011 Act. lttdependent ¢x¥miner's statemeDt I have completed my examinatio. l ¢onfiTm that no matt¢rs hav¢ come lo my attention in coDnectlOD with the eximinaiion giving mc causc to believe: ¢¢ounting records were not kt in respect of the Company as required by StiOn 386 of the 2006 Act. or th¢ a¢¢ounls do nol accord with those records., or th¢ a¢¢ourti$ do not comply with thc a¢c(Jurtiing requirements of Section 396 of the 26 Act other than any r¢quir¢ment that the accounts givc a true and fair vicw which is not a matter considered as part of an independ¢nt examinaiion- or the accounts hhve noi been prepared in accordan¢c wilh the method5 and principlw of the Statement of RCco7n¢nd Practic¢ for accounting and reporting by charities {appIlb]e to ¢hwiti¢s preparing their accoun15 in ¥¢ordanc¢ wrth the Financial Reponing Standard applieablc in th¢ UK and Republic of Ireland (FRS 102)). I have no concerDs and have come acros5 no other matters in connection with the examination to which attention should be drawn in this report in ord¢r to ab]C aprop¢r understsnding of tbe accounts be reached. Colin Bell FCCA Willia]DS D¢nton Cyf charter C¢rtified Auntants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Datc.. Page 4
THE ST MARY'S AND ST GILES, CENTRE STATEMENT OF Fll¥ANCIAL ACTIVITIES (INCORPOIiATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR Ef4DED 31 MARCH 2025 2025 Total funds 2024 Total funds Untestsi¢ted fimd Restri¢t¢d funds Not¢5 INCOME AND ENDOWMEIYTS FROM Cbarit#ble activitie5 Promotion of religion and education within the principles of the Anglican chUh 41.4 3JOO 44,783 45,382 Investment income 171 171 277 Totgl 44 EXPENDITURE ON Ch•ritsbl¢ activities Promotion ofr¢ligion and educatioll within the principles of th¢ ADgli¢all Cburrh NET INCOMEI(EXPENDITVRE) Translers between funds 9,¥62 (3.870) 68 5.992 (11,486) 14 movement sn fund 9,794 (3,8112) 5,992 (11,486) RECONCILIATION OF FUNDS Total fijnds brought forward 17.393 6.828 24221 35,707 TOTAL FUNDS CARRIED FORWARD CONTINUING OPERATIONS All illcome and ¢xp¢llditUT¢ has aris¢n from continuing activities. The notes fonn part of th¢8¢ fne1a1 st&t¢ments P¥ge 5
THE ST MARY'S AND ST GILES, CENTRE (REGLSTERED NUMBER: 07284461) BALANCE SHEET 31 MARCH 2025 2025 Total 2024 Total funds Unrestricted fund Restricled Note8 CURRENT ASSETS Stocks D¢btors C&gh llt bank ond itt hand 247 247 14 52,67 269 12 14 49,658 45.414 49,905 3,026 52J31 45.694 CREDITORS Amounts falling due within one year 13 (22,718) (21718) (21.473) NET CtJRRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 27,187 3,026 30313 24221 IYET ASSETS 30 24 FUNDS Unrestricted fimds Restricted fimds 14 27,187 17.393 TOTAL FUNDS The ch2ritabl¢ cornpany is entitled to exemption from audit under Se¢tion 477 of the Companies Aet 2006 for ihe year ended 31 March 2025. The Djembers hav¢ not required the company to obtain an audit of its fjnancial statements foT th¢ year ended 31 March 2025 iti accordan¢¢ with Section 476 of the Companie$ A¢1 2006. The trnstees acknowledge their r¢sponsibilities for (a) ensuring that the charitabl¢ compat)y keq accounting CordS that comply with Sections 386 and 387 of the Companies Act 2006 and preparing finaneial statements which give a trne and fair view of th¢ stat¢ of affairs of the ¢haritsble company as at the end of each fittancitil year and of its surplus or deficit for each fall¢la1 year ID accordance with the rcquiremenrs of Section5 394 and 395 and which otherwise comply with th¢ rwuiremen¢s of the Companies Aet 2006 relating to fitfdncial $tat¢ment5, so far &s applicable to the charitable company. (b) The not¢s forni part of th¢s¢ finall¢ial staiemcnts Page 6 ontinued...
THE ST MARY'S AND ST GILES, CENTRE (REGISTERED NUMBER: 072844611 BALANCE SHEET- eotttinued 31 MARCH 21125 These financial statemenls have b¢¢n PT¢par¢d in accordance with the provisions applicable to dwitabl¢ ¢ornpaoi¢5 subj¢¢t io the small companies regime. The finan al statements were approved by the Board of Tyustccs and authorised for Iss¢ on and w¢r¢ signed on its behalf by.. Mr P R Williams (Chairj- Trustee The notes fom part of th¢s¢ financial statements Page 7
THE ST MARY'S AND ST GILES, CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOULYTllYG POLICIES B&8is of preparlng the l]n4Dclal Statements The fInala1 $latem¢nts of the charitable coinpany, whi¢b is a tbIl¢ b¢n¢fit entity urKler FRS 102. have been prepared in ac¢ordan¢e wilh ibe Charities SORP (FRS 102) 'A¢¢Qwit% ond Reporting by Charities." Sement of Recomrnend¢d Practice applicable lo charities preparitig th¢iT in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 102) {¢ff¢ctive l January 2019),. Fitmncial Reporting Standard 102 The Financial Reporting Standard applicabl¢ in the UK ond Republic of Irelartd, and the Companie5 Act 2006. The financial slatements have been pz¢pared tsnd¢r the historical cost convention. IDcon)t All income is recognised in th¢ Stat¢ment of Financial Activiti¢s once th¢ charity has ¢ntitlem¢nt to the funds, it is probable that the iDU)me will be receiv¢d and th¢ amoulll can be measured reliably. Donations are recogttised when the charity has b¢¢n notified in writit)g of both the amoullt aDd s¢ttl¢men¢ date. In the event that a donati(>n Is subject to conditions that require a level of PCTfonnance befor¢ the charity is entiiled to the funds, the income is deferred and not r¢¢ognised until those coThJitiOD5 are met. Expenditure Liabilities are recognised 8s eXpendittt ai soon as there is 8 legal or Constructive obligation COmTt]itting th¢ charity to that expendIre, li is probable that a trsnsfer of economic b¢n¢fits will be required Tn settlcm¢nt and the amount of the obligation can be measured reliably. ExpenditUTe is a¢nt¢d for on an accrnals basis and has been classified under headings that aggregate all cost related to the catcgory. Where costs cannot be directly attribut to particulaT hcadings they have been 8llo¢it¢d to a¢tivitie$ on a basis consist¢J)t with the use of resour¢cs. Alloe#tion and apportionment of eosts Certain ¢xndItre is directly attributable to specific 8etiviti¢s and h¥$ been ill¢luded in thosc Cost categories. Certain oth¢r ¢osts, which arc attributable to more than one a¢tivity. are oPWrtion¢d across cost categories on the basis of an estimat¢ vf th¢ PTOPOrtion of timc spent by staff on those a¢tiviti¢$ or es¢imated usage. TAngRble ed assets Individual asgcis costing less th8n £500 are included in the Statement of Fillanelal Adivities its th¢ year th&t they are incurred. Indivfftdllal assets gr¢atcr than £5(X) are included in the balance sh¢tt ttt ¢ost gttd are depreciated at the following annual rates.. Computer Equipmenl- stroight lin¢ over 4 years. Stocks Stocks are valued at the low¢r of ¢ost and llet reali5abl¢ value, after moking due allowance for obsole and Slow moving items. Taxation The charity 1$ ¢x¢mpt from corporation tax on its ¢haritabk 4¢tiviti¢s. Fund ecouDtlng Unrestricled funds ¢an b¢ uscd in accordance with the charitabk obj¢ctt"v¢s at th¢ di$¢retion of the Iru5tees. Deslgnated hnds are unr¢slri¢t¢d fimd$ earniarked by the trustees for a particular putpose. Resirided ndS can only b¢ uscd for particular restricted purposes wAthin th¢ obj¢¢ts of the charity. Restrictions arlse when specified by th¢ d¢)nor OT when funds are raised for particularr¢strict¢d pu[5¢3. FurtheT explanatlon of the nature and pU05C of each fvnd is included it) the t)otes to the fmallcial $tat¢m¢nl$. Page 8 ¢ontinueiL..
THE ST tRY's AND ST GILES, CENTRE NOTES TO THE FINANCIAL STATEMEI¥TS- ¢ontinu¢d FOR THE YEAR ENDED JI MARCH 2025 INVESTMENT INCOME 21125 2024 D¢posii account interest 171 277 INCOME FROM CHARITABLE ACTIvITs Unrestrleted Restricted 31.03.25 31.03.24 Siinposium & wnf¢rence ftts Managcm¢nt Projects Donations Gift Aid 1,3110 3JOO 4,6110 3.405 1,827 40,150 30.OIM 10,183 30,01)0 10.183 Total CHARITABLE ACTIVITIES COSTS SUprt costs {8e¢ note 5) Dir¢ct Co#ts Tot21s Promotion of ieligion and education within th¢ principles of the Anglican Church SUPPORT COSTS Governance costs PTomotion of religion and education within the principles of th¢ Anglican Church NET INCOMEI(EXPENDJTURE) Nei LD¢omel(expenditure) is stat¢d after chargingl(creditiftg)'. 2025 2024 Ind¢p¢tyl¢nt Examination lJ20 1,260 Page 9 continued...
THE ST MARY'S AND ST GILES, CENTRE NOTES TO THE FINANCIAL STA TEMENTS- eontitiued FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. REMUI¥ERATION AND BENEFITS There wcre M trustees, rcUneratE0n or oth¢r benefits for the year ended 31 March 2025 nor foT th¢ year ended 31 MaTch 2024. Tr¥stees' expenses There were no trjsrees, expens¢$ paid for the year ended 31 March 2025 nor for the y¢ar ¢nd¢d 31 March 2024. COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL AcrtVITIES UJ]restricted nd R¢strict¢d funds Total funds INCOME AND ENDOWMENTS FROM Ch8rltable activities Promotion of religion and education withi the principles of the Anglieatl Church 43,306 2,076 45,382 Inv¢slm¢nt income 277 277 Total 43,582 45,659 EXPENDITURE ON Charitable aetiviti¢$ Promotion of religion and ¢dation within the prioctples of the Angliwj ChuT¢h 52.919 57.145 NET INCOMEIIEXPENDITURE) Transfers behv¢¢n fund5 (9,337) 6,651 (2.149) 6.651) (11.486) Net movement In funds {2,686J (8.8001 (11.486) RECONCILIATION OF FUI¥DS Total fid$ brougbi forward 20,079 15,628 35,707 TOTAL FUNDS CARRIED FORWARD 6,828 Page 10 ontinued...
THE ST IARY's AF4D ST GILES. CETr4TRE NOTES TO THE FIL¥ANCIAL STATEMENTS- Contilled FOR THE VEAR ENDED 31 MARCH 2025 TAXA TION As a ¢h8rAry, Th¢ St Mary's and Si Gile5' Centre is ¢x¢mpt from tax OD income and gains to the extent that these ar¢ applred to its chariiable objects. No tax charges have aris¢n this year. io. TANGIBLE FIXED ASSETS cOpUttr equipment COST At l April 2024 and 31 Marcb 2025 DEPRECIATION At l April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 11. STOCKS 2D25 2024 Stocks 247 269 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Tr2de debtors 14 13. CREDITORS: AMOUNTS FALLIN'G DUE WITHIN ONE YEAR 2025 2024 Accruals and defred in¢ome Pg4ge I I continued...
THE ST MARY'S AND ST GILES, CENTRE Tr40TES TO THE FINANCIAL STATEMENIS- eontlllued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT L¥ FUTr4DS Nct movcmcnt in funds Transfers behvee fimds At 31.3.25 At 1.4.24 Unrestricted funds General fund 17J93 9062 1681 27,187 Re5tri¢t¢d funds WASACRE Account St Mary's Centre Symposiuln NEICE St Peter's SaltIey loo 243 1926 loo {6) 417 L926 3.210 349 6028 3J711 68 TOTAL FUNDS 24 Net movement in funds, included in the ab4)ve are as follows: JncomiDg resources Resour¢rf Movement expend in funds UDrestrleted funds Goeral fulld 4J,655 {31,793) 9,862 Restri¢ted funds WASACRE Account St Mary'$ C¢ntr¢ Symposium St Pd¢r's Saltl¢y {3J611) 32111) (660) 3,210 TOTAL FUNDS 38 62 Page 12 continued...
THE ST MARY'S AND ST GILES. CENTRE NOTES TO THE Fll¥ANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IIY FUNDS- continlled Comparatlves for movement ID funds Net mov¢m¢nt fllnds TraD5fer5 between nds At 31.3.24 Al 1.4.23 Unrestricted (ndS General fund 20,079 (9,3371 6,651 17,393 Restrlcttd funds WASACRE Account St Mary's C¢nlT¢ Siinposiurn NEICE Church of Scotland Si Pcter's Solrley 100 125 100 243 2,926 368 2,926 5,900 6.434 (250) (5.900) 2,375 2,149 6.651 TOTAL FUNDS 24,221 Comparative net movetnettt ill included in the above arc as follows= Incoming Tesources R¢50urc¢$ exp¢nd¢d Mov¢¢llt in furyls Unre$tricted funds General fund 43.582 (52,9191 (9,337) Restrtcted fund$ WASACRE Account St Mary's Centre Symposium St Peier's Saltley 1,965 {1,840) 125 4,226) TOTAL FUNDS 45.659 57 145) Purpose of restricted hnds WASACRE Afcovnt- The WAle5 A*soeiati•n of Stfindlng Advistsry C(•un¢ll$ for R¢llglou$ Edu¢atlon Thc purpose of the fiind is to maintain the WASACRE'S websit¢. St Mary'$ Centre Symposlum The pu5¢ of this thnd is to support the annual St Mar5 C¢ntr¢ Symposium. NEICE- Tht N•rtb of England In5tltute for Chrlstign Edu¢atio The PUTPQS¢ of this fijnd is to host copie5 of the North of England Institute for Christian Educaiioll Legacy Web Resou¢S Collection so ihat they are available on open access to archeS on the World Widc W¢b. Page 13 continucd..
THE ST MARY'S AND ST GUs1 CENTRE IYOTES TO THE FINANCIAL STATEMENTS- totttinutd FOR THE YEAR ENDED 31 MARCH 21125 14. MOVEMKNT IN FUNDS- ¢ontillu¢d Cburcb t)f Sctstl#nd The purpose of this fund is to support projects specifically initiated or spon50Ted by the Chuwh of Scotland io ac¢ordan¢e with their D]i55ion. This ar¢a of activity concentrates on Yaiious aspects of CbTiStian ministy. St Peter's Saltley The purpos¢ of this fund is to Pr(¢ the ODiin¢ Ji)uTnal'ChalleDgin8 Religious Issues,. E5. RELATED PARTY DISCLOSURES The only r¢lai¢d party traDSaCtion in th¢ y¢ar was a donation of £30,000 received from a rnernlKr gf the monagcmcnt committee. Page 14