St George's Crypt (A company limited by guarantee) Registered Chlty No. 1144474 Regislered Company No, 07780402 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS for the year ended 31 March 2024 St. George's I Crypt ADtyJ3Nr 2411V2024 CCWPANIES House
146
St George's Crypt (A company lirnited by guarantee) f.HARITV INFnRMATIOP4 TRUSTEES AND DIRECTORS The Tru8t¢¢s who setv¢d the company duTingthe year w¢re 8$ follows: EX OFFICIO TRUSTEES Revd Liuy Woolf The Venerable Paul Ayer5 ELECTED TRUSTEES AND DIRECTORS Jane Dufton (Chair)- Appointed 10 June 2024 Jonathan Chestem)an (tkputy Chair- Acting Chair between Dec-23 and Jun-24) lan Pl¢kup Jane Cooper Rachel Amold Dr Helen Reid - Appoin 05th June 2if23 Janet Swift- Appointed 05th Jur* 2023 Hannah Iwanuschak- Appointed 10 June 2LY24 Revd Paul Maybury-AppoiAted 24 July 2023 Richard Hughes- Appointed 13 Septemter 2024 Dr Nick Bishop {Chair}- Resigned 4" December 2023 Chris Burford- Res]d 4th De¢ember 2023 LEADERSHIP TKAM Chris Fields (Chief Exe¢utiv¢ Office) Helen Brownridge {Deputy CEO)- Prwoted 111 May 2023 Andrew Muckie (Chaplain) Andrew Omortd (Head of D¢v¢lopm¢ni & Strategy. fonner Head of Marketing) Bhekisipho Siwawa (Head of Marking & PR) Clwis (Head of Finance) Chris Wilson (Head of Client Servi¢es) Christine Lane (Head of Hea]th and Well-Being) David Pilling (Head of NuTture) Jamie Wilson (Deputy Head of Care) Lisa AldTed (Head of Fundraising) Matthew Nice (Head of IDfroStnKture)- Resigned effective 2(P Decunber 2024 Martin Patterson (Head of New Builds and Projects)-Resi&ned 13 JLme 2023 Nat&8ha Mtyosini (Head of Retail) PRINCIPAL BAf4KERS LEGAL ADVISERS AUDITOR Azets Audil S¢rvi¢¢s Liwnited HSBC Bank plc 33 Park Row East Parade Leeds LSI 5BD Lupton Fawcett LLP Yorkshire House 3 Wellington Place Leeds LSI 4AP 12 King Street Leeds LSI 2HL ZIPage
St George's Crypt (A company limited by guarantee) C.ONTKNTS Trustees. Report and Strategic Re 15 Independeni Auditor's Report 1&19 Statement of Financi Activities 20 BaJanc¢ Sheet 21 Statement of Cash Flows Notes to the Financiai Ststements 2344 31Page
St George's Crypt (A company limited by guarantee) '.IJIUSTLES' RTr.PORI' Year ended 3 l N4arch 2024 A Snapshot of 2023-2024 St. George's Crypt 14,5DO care ctre bulsprovithJ8 ett)Èrgenty 10 Peoplz Lxwiewl 4120DEed rmMll 490 attende health servi 2,165 iteltisof 1.710meaJs p Tnonth producedfor homeless witii the gclitywe •t¢e8sed our 10.130 hrxtrs ofdiwt IA53kg of food p iodienu w]y conto 31170 Referr* 41PaBe
St George's Crypt (A company limited by guarantee) 'riius'i'EES' REPOHI. YGir elided 31 Marcli 2024 The Chartty is ¢xceptionally grful for its Ci)ntinued support allowing it lo provide acc(rfnmixlation and support for $0 many people over the year. despite the tough e¢oncxnic environment. The £183k addition to fiuth reeognised this year. cgme from multiple sources from controlled trading opportunitie5, funthai5ing activities and donors, aNI legacie& This led to free reserves giving I monih of operntional expense cover when removing fixed &et5 from General Reserve4 utilised to deliver our seThi¢es. Our ambitiow plans to further provide high standard a0m)nodation a1 through our ongoing ¢ommitments lo projecls to 4ddres5 our eharitable aims, many fill)ded directly from charitable giving means we aim lo maintain or lower this figure. The chATity is still committed to the creation of a subsidiary entity to IKcme a Registered Provider of Social Housin& which will be develoFd to increasethehousingstocks afyj standaTd5 of aKI)mmodation to be offered to tl vulnerable people we WO with dai]y. REFERENCE AIYD ADMif41STRATJVE INFORMATIOTrI Registered office and oiThtional address: St George's Crypt Greai Gcorg< Street Leeds LSI 3BR hari inEn land and Wales Charity Registtation No: 1144474 (England aThl Wale5} Company Registraiion No.. 07780402 The charity infortnation page forn part ofthis reporL rRUCTURE, GOVERNANCE AND MAf4ACKMENT The Tru5tee4 who are also DirectOf5 for the purposes of company law. present their annual report togetherwith ihe financial staments forthe yew ended 31 March 2024 which ar¢ also prepared to meet the requIremets for a director's TeFQrt and accounts for CornpaDi¢s Acl purposes. The financial statements have been PTepared in acrdanCe wiih Statement of Recommended Prartice "Accountingand Reporting by Charities" and applieable Accounting Standards in the UK and R¢public of Ireland {FRS 102) (effective l January 2019}- (Charities SORP (FRS 102)). the Financia] Reporting Standard appli¢abl¢ in th¢ UK and Republic of IrelaTh] (FRS 102) and the Ccnpanies Act 2006. 51Pa8e
Si George's Crypt (A company limited by guarantee) 'I'IIUSTEES' RLPOR'J" Year end¢d Jl March 20?4 GOVERNING DOCUME]¥T St George's Crypl is a company limited by guarantee govern&1 by its Memorandum and Articles of Asso¢iation d8t¢d 20 September 2011. It ts registerd as a ¢hJrity with the chilY Commission in England and weS and is a company limited by guaTantee with the Registrar of Companies. Tr membership ¢UTr¢ntly 1$ confined to the Board of Tn1¢¢$ however is provision for wider memFKrship. MISSION STATEME]Yr We are: A faillthe4J charity operating multi¢ lo¢ions within the city of Leds, working with the IM)meless and dgstitute lo break the CleS ihese people find themselves C(Ktstrajn by. The charity Tuns specifi projects for those with &wlated i&sues such &% dn4 and a]h01 addi¢tions. We believe: Through dejnonstrating a ¢orin& practical faith apWOa live5 can be trm%fonnEd r¢g&dl¢s5 of people's ba¢kgTouThls and circ5{anG. Wegim to: Meet the b&8ic needs of everyone in a safe, non-judgemental aThJ caring eIronment Support people who are living on the streets into accommodation Help people gain sktlls aNI ¢(fiden so that they can take an tIVe role in their fi]tures Be gd steWd5 of all we receive in an open and transparent manner Enable people to make positive choi$ in their lifestyl4 moving towards employability and freedom from addiction Contribute towards local and wider communiti&g enriched by inclusion of everyone in those communities Build on existing partnetships. and ¢weate new effective pathrships and proje¢ts across the ¢ity to offer tailored targetfyl So110n$ to Issu being faced. We olTer: 117 Owned bed spaces, a further 57 managed bed spa. 365 days a year. Of the owne41 bed spa5 15 have been leased to Bexon housing lo provide commissloned services for Leeds City Council. Care. comps1on and hop¢ l¥ovide a warni 2 ¢ourse meal of charge at lunchtimes 5 days a week Immediate prical support in tsrn of getting fed, clean and ¢lothed OpportlI1eS lo gain skills. self-confidence and a seme of ¥hievement Place5 in which people can ¢hoose to change A fo¢us op h¢alth and wellbeingseryices to encournge client Te-engagement 61Page
St George's Crypt (A company limited by guarantee) 'riiusiEFS? xEpoiI'r Yenr ended 31 Marth 2024 PUBLIC BENEFIT STA TEME]YT The Trustees are Aware of aThl have complied with the duty in section 4 of the Charities Art 2011 to have due regard to the pthlic benefjt guidance published by the Charity Commission. The Trustees believe the mission ststement satisfies th¢ Charity Commission guidelines on public benefil. In monitoring and plannlng present and fijthre tivitIes. the Truslees are very mindful of the need lo be inclusive in ihe practtCAI interpretation of the mission stalem¢nt. They regularly r¢view the impaot of Ihe charity's day to day activities in Inling the publi¢ benefft WSL OBJECTtVEI S AND A]VITI$ In accordance with the Memorandum Artieles of ASxK110 the key objectives are the: Promotion of evgngelism Relief of poverty. hardship. sickness and distTe5s arno needy and destitute people. St George's Crypt is inspired by prnyer and provide5 profe5siona] Standards of care and support within a frRm¢work of Christian faith and witness. We are very proud of our long traditi¢Jn of speaking out on behalf of ttie most vulnerable adults within Leeds. The charity continues to engage with many of the homelessness relevant debates possible in order that St GeoTge's Crypt is represente4J that the views of our client group are heard. The Crypt operates from several locations acros5 th¢ city as detsiled in ihe Sectio Strategi¢ Report. TRusfEES AND TrWIAGEMENT ointment of Trustees As set out in the Articles of A&wciation. the ¢hair of Trustees is nominated by the Board onnualty. Th¢ Diiese of Leeds is represent¢d by th¢ Arthd¢on of Leeds. who serves &s an ex offi¢io Trysl¢¢. The incumbent Rector of St George's churc Leeds afso serves as an ex oificio Th]st¢¢. Board members are appointed by the Board. The BoaTd ls an Appointments C¢)mmitte¢ which was set up so that th¢y wuld identify and recruit new Truslee ard Membershi The Board of ThL8ttts, which can hav¢ up to 12 members. is ruy)Jksible for the overall oversight of the Charity. The Board normally meets six times a year. There is a Stsnding Committee with member$ nominated by the B0d. A Chief ExUtive OtTiGer (CEO) is appoinled by the Trustees to manage the day-tLFday operntions of the Charity together with the txadership Team. To facilitate ¢ffective operation& the CEO has delegated ahorIty, within tern15 ag[d by bwste¢s. for operational matters including finance. employment and development of Strategy. The L¢adeTship Team comprises the CEO and heads of key departmenls in the Crypt. Trustee Induction And trainin Potential Trustees are int¢rview¢d by existing Trustee or Tn]stee4 and their skill sei is maiched against the charity's ¢urr¢nt needs. Once apwJint¢d. new Tmsttts undergo an iTrJuction proc¢5S to bri¢f them of the Ctent of the Memorandum and Articles of Associatio the ¢ommin¢e and decision- making processes, the cuThent strategi¢ plkn. the financial perfornjantt of the Charity and urthtlng on 71Page
St George's Crypt (A company limited by guarantee) 'LIIUSI'VLS' REPORT Year ended 31 March 2024 current priorities and firture plans. During the induclion perid, the lW Tntee meets key employees and also vislts the Crym's ¢urrent projexts aThJ location5. All Trustees are encouJ3ged to attend appropriate int¢rnal and extemal training events where these facilitoie wider understanding of their rolB. Boir(I f4qcelin The Board met 6 times during the year (2023-6). Truste¢ Slandin Committ Th¢ Standing Committee was estsblished to facilitate decision making between Board meetings. It continues to meet and considers matters between Board meetings and discusses matters to be placed on the agenda for the next Tnte¢ m¢din& The Stnding Committee also reviews Board minutes prior to sign off by the Chair. Trustees, niea5urenient of 5C¢t$S The Trustees me&8uTe the 5u¢¢ess of the eharlty ty elksur1 no i>ne is turned away from the Crypt unless iheir movements are $ignifi¢antly restricted. A client'5 movement cbn be restricted by a health & safety risk to staff and other clients. behaouTal constraints armi anything else Considered to be a risk The number of clients provided for is variable and dependent on many external factot5. The TTUSlees are ¢ommirted lo supporting on site health and wellbeing opportunities from the Charity's own fund4 if required for all ¢li¢nts even if over and knve contractual requirements. Relaled Pnrlies and Cokn eratlon wilh other o nistions All Trustees are indiidually wp)nsible for ensuring that theTr register of int¢r¢sts reflects current commithients and Trl#tionships. They ¥t xlso reminded- along with members of the LershIP Te8m - to disclose on the registerof inteTests all rel4ted patty connectio$ tncluding membets of their family. Kt ement Personnel Th¢ Trusl¢¢s independently benchmth and review the pay and remurmtion of Key Management P¢rsonnèl in order to ensure that the pay and benefits are still competitive within the sector and local mark¢tplac¢. Pastoral Work Revd Roger Quick seTved as Crypt chaplain aNI Di(es4n ¢haplain to the homeless until his retiTemeni in November 2022. The positi(bn renmtned advertised and vacant through the Test of thB fUnCial year. How¢v¢r, in August 2023. the chariry welcom Andy Muckle to this positiott. 81Pège
St George's Crypt (A company limited by guarantee) 'rRUSI'EESp) IIEI>ORI' Yeai. ended 31 March 2094 STRATEGIC REPORT The Trustees review sintegy every five years in order to ¢nsuwe that it remains appropriate and Televhnt and consistent with the charity's objerfives. The end of the previous five-year cycle coincided with the Covid pandemic. whlch caused a fijndamental reassessment of strate8y for the next five years. This reeSsMent h&s been completed and a new strategy is in place. In developing the new Strategy the Chartty has had to take into account new accommodation standards a5 required post cod, with a reduction on dorniitory styl¢ bed spaces. This has involved providing services at new properties provided by Leeds City Council, ryurp05ing existing prowties owned by the Crypt, principally the Crypt itself, and co81dering how to add to the limited stock of suitable properties available in Leeds to meet the needs of th¢ Crypt's CUT1 and future clients. The Trnstees are confident that the Crypt Wbll remain at th¢ he•t of homelessness servie¢s in the City of Leeds a5 it has done for almost 95 years. ACHJEVEMEP4TS AIYD PKRFORMANCE (Is detAiled on the SnApskn¥Jt ofour Year Intr ucti St Georges Crypt jd8Cts to cover its coFe services from re¢uTTing income and regular fundraising without rec4)urse to legacy Income which. when reteived, is used either to fiirther develop core seryices, and l or to fund major projects. Th¢ Crypt was very fortunate to receive legacie5 of £77.885. The Cryptenjoys the support of Lee¢ts City Council with ¢ontra¢ts in place for Overnight Cenlre, Regent Lodge and 3 further satellite leased premises. The partnership with Leeds City Council on all of these programmes remains very strong. Furthermore. with support from Leeds City Council. the eharity has continued an additional contract with Departmeni for L¢Y¢lling Up. Housing and Communities (DLUHC) io provide additional bed spaces within the city of Leeds. Links with Housing Options at Leedg are very important in creating good option5 for clients in wnoying on from the Crypt. Crisls A¢¢ommod#lion During the past year, the Care Centre COntind its Core w(*k of providing a r8nge of seryice5 for homeless and di5¢011nect¢d people. There w¢re a totsl of 42JlJ) (2023 - 40,150) bed spaces occupied during the year. . The charity now operates S emergency accommodation residential facilities that principally fLKus on crisi5 aMMOdatiO¢) for kKopl¢ in need of emergency &commodation. Clients 8r¢ requir¢d io engage with officers from Leeds City Council in seeking suitable move on a0mMOdation whBn ready. These rllitieS are: The Care ¢entre {27 bed spaces) is situated in the Crypt uIerneath'St George's Church in the centre of Lee and woiks in close PArtnership with Leeds City Council and also the local NHS hospital trust (in th¢ c&se of the latter. ihrough funding three of these beds for peopl¢ dixharg¢d from hospital at risk of potential homelessnes5). 91Pa8e
St GeA)rge's Crypt (A company limited by guarantee) I'IiU.s'ri, bb, REI>ORI" Yeai. ended 31 N44iirh 20?4 Kirkstsll Lodge is situated in Kirkstall, Leeds and offers 9 individual supported units. Kingston hotel is situated in Woodhous4 Lee415 and room a¢commodation in & fomier hotsl for UP to 24 individuals. Clarion 15 Situated in KiTkstall, ikeds and Offe 9 individual supported units. A5hlar House is situated in Potternewton. Lteds and offeTS rooms for 15 indivlduals. Regent Lodge is a supported housing projert fimd¢d as & ¢(rtnmission¢d suvi¢e by Leeds City Couneil to provide accommodation and sllprt to residents with a history of heavy alcohol dependency. The s¢heme lo¢ated in Hyde Park. Leeds affryd$ 14 clients the ¢)pporiunity of being &¢commodated within a safe and regulated envimnment and seeks to work with residents to gin to control their drinkin& Don Robins House Don Robins House is o puryx)se-iwilt acwmmodation blwk of 24 supp)trW fl&ts located in N¢w Wortley, Leeds providing movtron aCMrXI&ti0n. The sch¢m¢ comprises of 24 self-contsined flats (18 one bed 6 two bed). including six unils which aTe adapted for disabled use and aimed at tenants who have demonstrated that they are Teady to mov¢ from emergency a¢wmm(Mlation. to greater levels of Stability and independence in ttir lives. eal Provision Food donations have remaÉned a vAta] of support for the Crypt in the pa4t yeara we continued to receive g very generous Supply of tIDS WMI packets of notFperisbable fIj items. Partnership5 With a ronge ofhigh street supertnarkets hgs provedvery S¢$SfUl. We estimte 19,836kg (2023-102.OOOk8) of food has be4n preV¢fit from going to landfjll due to our p8rbierships. The charttable catering function sery¢d a trrta] of 38.664 meals (2023 - 39.312). That represents a daily averdge of 106 meals (2023 - 108). This wa% provided v¢a a walk in lutKhtime hoi food provision (5 days a week) and rneals for residents at two of ihe ¢ontracted services. Heglih nd Wellbein Activities are under regular review to enswe that the opprtwiities remain relevant. but tend lo f(xus on health and wellb¢ing and re¢tional a¢tivilies for our client 0Up$. Groivbi Room8 The successful Growing Rooms project led by a recovering addicl continues to be fully utilised with parti¢ipants provided with a comprehensive recovery programme, which include5 classToom based therapeutic group workshops, 1-2-1 Sessio and days a week voluntsry WOTk often based in the Crypt. The training centre at our Conference Road site is a pwpose4Juilt setting to hold these meetirtgs. We have four, four bed residential houses and a further 4 bed Flat pwchased to support the Growing R(MTrms programrne. There are addilionally two flats which CobIned to a]low for 22 clients. Addition81 flats are available &$ movtron accommod10 aiK>V¢ th¢ Town Street Shop for 3 clien IOIPage
St George's Crypt (A company limited by guarantee) 'I'IIUtil'EES' REPOR Ye4lr elided 31 March 2024 A number of the clients have progressed from addiction to sobriety. After six months on the programme and upon the completion of the agreed milestones, the clients are encouraged to apply to be added io the bank $tsff rota for placement at the retsil Shops. The Crypt ran Ihree charity shops, l(Kated on Town Stree¢ Armley. Church LaK PlSeY atKI Street Lane. Roundhay: all within the Leei]s districL Since the yeaT•end. they have opened a fourth shop on Queens Street, Morley. Eh shop is designed to s¢rv¢ lh¢ local community and promote the work of the Crypt and give volunt¢tting opportunities. Fundraisi Th¢ Crypt has a separnte in-house futmlraising department with resp)sk4lbility for developing and implementing fundTaising Strategy. The Crypt adopts the Code of Fundr8ising Pra¢tic¢ and is regulated by the Fujmtraising Regulator. The . main asw of The CLNle &% applied by th¢ Crypt include the following:_ Approach io fundraising: Tr Tn&eos will Th)t us¢ a professiona] fundraiser or commeTcial participator to Rpproach any prospective donots aiM)Ut supporfing or giving mon¢y to St G¢orge's Woi'k of, any ¢oiiimercial arlici ators or rofe55iollal tundrni ony commercial partlcipatOTS or professional fundrrisers. .. The Crypt does not w(k with Fundraising complaints: The Crypt has nrt received any Mmplaints regarding its fundrnising tivili&s, Proteciion of rhe public. including vulneT8ble people. froni unreasonable intrusioii on a person's privacv, unreasonably p:rsistenl approaches or undue pressure lo give-. The Crypt does not 'cold call. members of the public on any fundraising campaigns. GraeeLodot rormerl known 43 Fgilh IA)d The Crypt retains the freehold to this pror*rty. but management passed to Beacon housing to provid¢ commissioned s¢Thice for Ixeds City Ci)uncil. Pal'te1.$hl The Crypt continues to look io strengthen existing partsjerships and to build new opportunities for joint working. Significant examples of our partnerships include Leeds City Council. Leeds Beckett Utliversity, NHS, Crypt Factor and the joint Big Sleep Out fimdraising event with the Leeds Rhinos Foundation and St Gemma's Hospice. Soclgl medi The Board has continued io r¢cognise that sla] media is a SIlf1t methTrl of communicating present needs and topics lo the wider world. Marketing actiyities therefore incIle social media (¢m&il. IIIPa2e
St George's Crypt (A company limited by guarantee) I'R'LISTEES? f4 EPOR'I. Yeilr ci)ded 31 March 2024 Facebook. Linkedln and X (fornherly Twitter)) leafiets and poster5. If these xtivities are exp&I¢d in the futwe any additional marketing &¢tivitie5 will be undertaken withiTY the guidelines agreed and r¢coinm¢nded by the Institute of Fundraisi the FEuKlrAising Regulator and the Charity Commission. PRINCIPAL RISKS AND IINCFRTAINTIES The ¢entral risk registers are subject tr) annual rcvivV and managers are required to monitor specific departmentsl risks. The Board 1$ satisfied that risk management is appropriate that finan¢A&l systems and controls are in place proportionate to the si7£ of the charity and tothe type of operations. The charity also prioritises hea]th and safety. stsfftraining and saf¢guaTding. The charity has introduced systems to ensuT¢ that it is complying with GDPR regUl10nS. During the y¢ar principal risks and urtaIn(l¢s were: Conlinuing competition for¢haritsble funding and pressures on public fundin Conlinuing pressures from cli¢nt group PTesenting with a wde range of Ghallenging behoviours and issues. In¢re&sing number of clients in significant financial distress due to being Sanction by the local authority and. In¢r¢a8ing needs and nUMrS prtsenting pressures on Crypt's infr&structur¢. The chlty h&8 considered the followingas are8s of risk: Future of local governmeni fimding. Reduced donations. Polentiai chang¢s in legislation relating to employment and equality. The impact of exten] frdctors such &8 the COVI[7 9 pandemic. PIANS FOR FUTURE PERIODS The Trustees will consider options to ¢arry fiu11 developments to progre55 th? Crypt's key objectives. The Crypt will ¢onlinu¢ to work with Leeds City COU11 and Partr9 to Yddress the urg¢J)t needs of th¢ home1 in L¢eds. The Trustees will continue lo keep the Crypt's IT systems under reviewto eTL5ure that the charity is fully up to dafr with hardware and software which ensures optimum performat and efficiency. Furttr development of HR system$ in pofinership with Wirehouse are ongoing. All IIR systems and policies will continue to be reviewed and updated as necessary And the Crypt will strive, through the "Up aAI Up" process. to become a leading ¢harity partttr in HR best prxti The Crypl's retail strotegy remains a key part of our operation& and this straiegy will w)tinue to be under review to maximise revenue generation. The ¢lwity's health and wellbeing agenda continues. with our partnethps with Vision Care for Homeless Peopl4 Dentaid and IKeds Beckett University for physiother3py all being active. IZIPage
St George's Crypt (A company limited by guarantee) TIILI.SI'EFS' RP_POIi'J' Ye4ir e.nded 31 March ?0?4 FJNANCIAL REVIEW Summa Overall. the Charity h&8 experienced a sAtisfa¢tory year An view of the challenges it faced. TotAI income for th¢ year was £4.817k cAmipAred kn £4.529k in the pVIouS year. The in¢reas¢ of £288k was mainly due to lldditional ¢ommissioned servi$ aNI &s$rlated housing benefit payments in the year al £2.603K compared with £2.156k in the previow4 year. Trgding inc(¥he also perfornied well with total iorn¢ of £584k versus the lor year's £573k Total expenditwe for the year was £4.668k crAnp¥ed with £3,877k in the previous year. Costs were los¢ly mBnaged 1hrough0 th¢ year but property related costs increased due to the incrwing number of sjtes. associated utility costs and inswance costs of these site5. Staff wsts incr¢ases were incurred as th¢ charity took on more proje¢ts. increasing the si7£ of its Horkforce. and moved to pay the 'Living Foundation Minimum W8g¢' as its lowesl wage. The charity also extended its reach with additional services that are planned to be1053 makin& but setve ihe chgrities aims. As a resuJL nel Surp18 was a CTeditable £187L a reduction of £468k from the £651k in the previous Cash and wh ¢qulvalents ine4Std by £212k Trn th¢ year prethminantly due to the in¢reas¢ in housing benefit income. The Tincl il fundin sources are as follo Charitable donatioAs Supportsn8 People wts Housing benefit Retail and trading irKome Legacies Pricin Polie Sho The pricing policy in the shops broadly tOnSe5 dottated gc&$reiveO intothe followingcategories. which then deterniines the sale price:. Brdnd donated items with original sales tags are prictd at half its retaTI prirx. Go1 &s n¢w donation5 are priced in a¢¢Ordan with local shop Conditio8. Older well donations arB priced at a frxtioll of the original price. Antiques are rarched to establish right Pri guide foT sale either in shops or eBay. Stock that h&s Nt soLd after two weeks will be r¢duc¢d or moved to a sale rail or pri)motion ar¢& Donations not sold within a month are placed in a bargain bin prior to recycling. Food Doiiafions The Board bEliev¢ itis notwssibleto pla an accurate figure on the va]ue of donaled food to the Crypt. Their best estimate of the cost to provide a meal is Sop. Applying this estimate to the number of meals produced in the year of 38,664 (2023 - 39J12). an estimate of the value of food donations in the y¢8r is £19,332 (2023 - £19.656). The majority of food donation5 re¢¢ived would have previously gone to 131Pa@e
St George's Crypt (A company limited by guarantee) I'II'USry'EES' ]iLI'ORT Yc&r ended 3J Mgrcli 2024 land fill sites etc. Consideiing that this value has iren eslirnated, the Board do not wish to refiect this value in income and expenditure. Volunteers The chtrity appre¢iat¢s the input and Contribution of volunteers who mak¢ on enormous contribution towards so many aS&ts of the Chariry's ongoing work Reserves Pollcv The Board have resolved that they seek to hold btheen a minimum of three aTrJ a maximum of six months, running costs in free res¢TYeS at the end of any one month. Free rewves comprise assets that can readily be realised to fund the general activities of the Crypt less creditors ass(lated with fixed assets less current liabilities. These reseryes are held io bridge the gap beeen the spending and Teceiving of funds. At the end of the fInWl yegr. free reserves totalled £978k with average monthly expenditure of £389k 8iving Crypt resetves of 2.5 months. The Boord 15 tonfident that ihe charity will Ccthtinue to have $uffi¢ient resourt& to fulfil its day to day commiknents and is aware that re5eTves are sometimes Tequired to bridge the gap betww ¢xpendi commitments and receipt of income orto cver unplanned anergency repairs or capital purch&8. Th¢ Trustees believe that the tharity retnains • goit)g conCn os li has a mixtwe of in¢4>me streams i]udIng donali0 and Ial authority ¢ontracts for delivery of some ho818 support s¢rvi¢¢5. The TnLStees have a fmance update at each meeting which irKludes the current period's manag¢ment accounts pack detailing the year4ddle $urplusldeficit versLLS budget. ba]atKe she¢l, restricled funds income and eXnditUTe. cash flow ond vaTign¢e5 to1&8t year's incom¢ and ¢xpenditure. Invcstmcn¢ olic Under the Mem0Tandl and Articl of A5latiOn, th¢ BoaTd have the power lo make such investments as they deem fit in a¢cordance with charity policy. The policy is to adopt a risk av¢rse strategy based upon maximisinB ijKome at n)inimai risk The Boatd review their policy as part of regular scrutiny of practice& Aiiditor The auditor. Azets AlIt Services Limit1, is deemed to be r¢appointed w]dw secticfft 487(2) of the Companies Ath 2006. STATEMENT AS TO DJSCLOSURE OF JNFORMATION TO AIJDITOR The trwsl¢¢s who were in office on the date of approval of these financiat slatements have confLrn)ed. &s far as they are aware. that there is no relevant alit infoTmation of which the auditor is unaware. Each of the Trustees havc confirnied that they have taken all the step5 that they oughtto have taken as Trtte<s in order to m8kn th¢mselv¢s awort of any TekvaTrt audTt iTrforniation and bliSh that it has been cLMnmuni¢at¢d to tho auditor. 141Page
St George's Crypt (A company limited by guarantee) TRLISTEIGS, REi>oMr Year ended 31 Mairh 2024 STATZMENT OF TRUSTEES, RESPONSIBILITIES The trustces (who are also directo of St George's Crypt ftir tk pwFN)ses of company law) are responsibl¢ for prtparing the Trustees. Annual Rett. Strategic Report and the fmaneial statements in aCrdAnCe with applicable law and United KingdomAccounting St8ndards Iunited KingdomGenenJly Accepted Accounting Pradi¢e). CompAny law requires the trustees to prepare financial statements for each financia5 year which give a true and fairview of th¢ state ofaffairs of th¢ ¢hiiable 1panY of the income and expenditUTe of Ih¢ charitable company for that period. In preparing these financial statements, the trustees are required to: seled suitsble accounting pollcies and then apply them consiently5 obserye the methods and principles in the Charities SORP; make judgements and estimates that are rwonable and prudent" stste whether appii¢able UK Accounting Standards have been followe subject to any material departures disclosed and explained in the financial statements" and prepare the finrIal $ements on the going concern ba5xs unless it is inappropriak presme that the Charitable Company will Continue in bu5ine&s. The tnteel Ire responsibl¢ for keeping prop¢r ac¢(Mthting rewrds that dis¢l(tt with re&8onabl¢ accurdcy al any time the finala1 5]tion of the charitable u)mpany and enable them to engure that the financial statemet)ts ¢omply with the Companie5 Act 26. They are also resp)nsible for safeguarding the a55ets of the charitable company and hence for taking reasonable steps for i]K prevention aTrJ detection of fraud and other irregulariti. In apyrovin8 the Rep(rt are a]xfy 4V0vi the Strategi¢ Rep(rt tlwein in their ¢apaeity as compry directorg. By order of the LK>ard Jane Dutton Chair of TrlteeS Date". 2011212024 151Page
St George's Crypt (A company limited by guatee) Ir4DEPEI ]YDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GLORCE•S CRI'PT We have avdited the financial stateTnents of St George's Crypt (the 'charity') for the year ended 31 March 2024 ivhich compTise the Statemenl of Fina11 A¢tivities, the Balance Shee¢ Statement of Cash Flows and notes to the financial statements. including a summary of significant accounting policies. The financial reporting framework that h&8 been Jppli¢d in their preparation is oppli¢able law and United Kingdom Ac¢ounting Standards, including FRS I Q2 Tr Financial Reponins Standord appli¢able in th¢ UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Pradi¢e}. In our opinion. the financial Stydtements: give A true and fair view of the state of the charity's affairs &$ at 31 Mah 2024 and of its income and eX[Kndi[e forthe ye#T then ended; have been properly prewed in ¢danc¢ with United Kingdom G¢nernlly Aepted Accounting Practice. and have ixen prepared in accordanrz with the Tequirements of the Companies Act 21WJ6. B*sls for opSnion We ¢onducted our audit in Accordance with Intemational StaThlards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilia¢s under those standards are further described in the AuditDr's responsibilities for the audit of the financial statements section of our report. W¢ are I1¢1nd¢n1 of the charity in accordance with the ethical requirements that aTe relevant to our audit of the financial alements in the UK. including the FRC'S &hica] sta and we have fulfilled our other ethical responsibilities in accordan with these requirements. We believe that the audit evidence we have obtained is gufficienl and appropriate to prnvide a basis for our opinion. Concluslon5 relating to going eoncern In auditing the financial statement4 we have concluded that the Trustees, use ofthe goingconcern b&sis of accounting in the Preparation of the financial ststemcnts is apprnpriats. Based on the work we have wfome& we have not id¢nlifi¢d any malerial uncertainties relating to eYeDts or conditions tha( individually or eollectiyely, may cast significant doubt on the group's ability lo continue us ¥4going ¢on¢¢rn for awiirtl of at least ttyelve from when the finClaI statetnents are authorised for issu¢. Our reswnsibiliti¢5 and the resp)nsibilities of the trwstees with r¢$1 to going con¢ern are dcribed in the relevant sections ofthis retKKL 161PaBe
St George's Crypt (A company limited by guarantee) INDCIPEf4DEI NT AUDITOR'S REPORT TO THE MEMBERS OF ST CEORCE'S CRY.Iry c)the.r inforniatiii The trl¢c$ are responsible for the other infrnnalion. The inforniation ¢omprises the inftsrniation included in the Trste¢S. Report and Fin)n¢ial Statements, otheT than the fin9n¢ial Statements and our auditor's report th¢reon. Our opinion on the financial stat¢mtnts does not cover the otr infonnation and. exc¢pl to the extent otben¥ise expli¢idy stated in our rem we do not express aoy forn] of aSSUTanc£ conclusion thereon. In Connection with our audit of the firtanc1 statements. our responsibility is to read the oiher infDmir4tion anl in doing 50. Consider whether the oth¢r infomation is MtriallY inconsistent with the finan¢ial statements or OUT knowledge aIned in the audit or oth¢rwi5¢ appe$ to be materially misstated. If we identify suth material inconsistencies or apparnit Materi misslat¢ments. we are required to det¢rniin¢ whether there is a mat¢rial rnisstatement in the fin¢14] statements or a material misstatement of the other infomiation. If. based on the work we have perforn)ed. we con¢lud¢ that Ihere is a moterial mi55talement of this oiheT inforniatiory we are required to rel that facL We have nothing to r¢wrt in this reg Opinions on other mitters prescribed by the Companies Act 21106 In our Opinio based on the work UnderteTr in the course of the audit.. th¢ infonnation given in the Trust¢e5' Report which indud¢s the Strategi¢ Rep)rt and the Directors. Report prepared for the puryN)ses of company law. for the financial year for which Ihe fin8ncial statements are PT¢pwed is consisteni with ihe financial stal¢ments" a1 lh¢ Strategic Report and th¢ Dire¢tors' Report Indled within th¢ TTUStees' Report has been PTepared in aCCordae with appli1¢ legal requirements. MAtters on wbieh we re r¢quirtd to report by exc¢ption In light of the knowledge ar understanding of the clwity and its environment obtained in the course of the audit, we have not identified rnalerial mi5Statemenrs in the Strategic R¢wirt or the DilorS. Report included within the TnLStees' ReporL We have nothing to report in resp1 of th¢ following matters in relation to which the Companies Act 2006 requireg w lo report to you if, in our opini4)n: adequ*¢ and proper accounting records have not been kepL OT returns ad4uth for our audit have not been received from brnnches t1 visited by us. or the finanetal statements are not in agreement with the accounting recor& and retwns; ( certain disclosures of truslee5' remun¢ralion specified by law are not made. or we have not re¢eived all the inforniation WMI explanatio% we require for our audit. 171Page
St George's Crypt (A Cornpany limited by guarantee) INDEI PEP4DENT AUDITORJS REPORT TO THE MEMBERS OF ST CEORGESS CRYPT At4PUn51bilitie5 i>fTruslees As explained moTe fully in th¢ tnttrs' responsibilities Staten¢, the trustees (who are alsothe directors of the charitable wmpany for the purposes of ¢ompany law) are rBsponsible for the preparation of the financial statements and for Ing satlsfied that they give a true and fair view, and fol suoh internal control ihe trL8 detern11 is necessary to enable the wepwation of finan¢ia] slatement$ that are free from mat¢rial mis5tatemenL whether du¢ to fraud or error. In preparing the financial stst¢ments, the trustees are responsible for &ssessing the charity's ability to continue as a going ¢otKem. disclosin& as applicable. matters related to going concern atid using the going cryjcen) basis of ac£ounting unless the trSlee5 either intend to liquidate the charity or to cease operations. or hav¢ no realistic alternative but to do so. Audittsr's responslbilities for the udlt of the fiDand•l slttmtthts Ourobjectives are lo obtain reasonable assurance alx)Dt whetherthE financial statements a5 a whole a free from material misstslemenl whethtr dlbe to fraud or error, arNI to i&fjue an audilor's report that includes ow opinion. Reasonable assurance is a high level of assurance, but is not a guarantee an audit Conducted inaccordance with JSAs(UK) will always deted amaterial misstatement when it ¢xists. Misslatements can arise frorn fraud or error are Considered material if. individualty or in t aggregate, they could reasonably b¢ exFrtted to the e¢momic decisions of t8ken Dn the basis of Ihese financi81 statements. A fih¢r description of OUT rrsFoTh%ibilities for the audit of the finan¢ial statements 1$ located on the Finan¢ial Reporting Council's website at www.frc.or .ukl2uditOireS onsibilities. This description fomis part of our auditor's report. Extent ¢0 wbleh the audit was considerexl capable ofdeteeting irregularitie4 includifyg fraud Irregularitie5, Including frnud, are InStaS of nonrfompliawe with laws atxl regulations. We design procedures in line with our resp)nsibililie4 outlined above and on the Financia] ReportiThg.Council'g website. to detect material misststements in respect of irregularities, including fraud. We obtaln and update our understanding of the entity, its athivitiés, its control environment, and likely future developments, includTng in r¢lation lo the legal and regulatory frnework appli¢able and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material fflisstaiement of the financial staternents. ther dts¢ to fraud or error. design and perforni audit wocedures responsive to tl¥)se risks, and olknin audit evidence that is sufficiwi ard appropria1¢ 181Pa8e
St George's Crypt (A company limited by guarantee) INDEPEf4DEYT AUDITOR'S REPORT TO THE MEMBERS OF sr CEORGE'S CRYPT to provide a b&sis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulation& including frIA. In response lo the risk of iTregularities and noTr¢oohpliance with laws a1 Tegulations, irKluding fraud. we designed prOdur¢S whid) included: Ey4uiry of mana8em¢nt and those clwged with goVernae around a¢al and pol¢ntial litigation and claims as well 18 actual, suspected and alleged frnud. Reviewing minutes of meeftngs of those charsed with governance. Awssing the extent of compliance with the laws and T¢gu]atiorL8 ¢onsidered to h8v¢ a direct materia] effect on the fJnan¢ial stAl¢mentS OT th¢ Operatior of the s¢xiety thTough enquiry and inspeLtio R¢viewiDg fiDan¢181 ststement disclosures and testing lo supportiog do¢umentstion to &sse55 compliance with applicable laws and r¢8ulalions: Perforniin8 audit work over the risk of MargeMent bi&s and override of ¢ontrol& in¢ltsding testing of jouma] ¢ntri¢s and other adjustments for appropriatenes& evaluating the business rational¢ of significant transactions outside th¢ Dom)al cOue of business and viewing a¢¢ounling estim*eS for indi01$ of potential bias" and Perforniing audit work over the timing and reColtiOn of inc(xne al in particular whether it h&4 b¢¢n rectyded in the corre¢t a¢counting period. Because of the inherent limitstiOT]s of an audit. there 18 a risk that we will not detect all irregularitie% including those leading lo a material misstatsmenl in the financial siatements or noTrcompli8n¢e with regulation. This Tisk increases the more thac complianr£ with a law or regulatioll is rernoved from the events ond tran5artious r¢fl¢cfrd in the financial statement4 as we will be less Itkely to become aware of Inste5 of noJFcomplian¢e. Thc risk of not detecting a material misstatement resulting frorn fraud is higher thon for one resulting from em)r, a8 fraud may iMvolv¢ collusion. fotgery. intentional omission4 misrepr¢s¢ntatLons. or the override of iniernal ¢ontrol. Use of the audit report This report Is made solely to the Charitable Company's members as a body tn a¢cordan¢e with Chapter 3 ofpart 16 of the Coms>ani&8 2006. Our audil work has been undertaken $0 thai we might state to the Charitable Company's members those mallers w¢ arv requir¢d tr) stal¢ lo them in an audltor's report and for no other piirpose. To the fllllest ext¢nt pernjitted by law. we do not accept or ass¢ responsibility to anyone other than the company aJKI the Charitable Company's Membe a$ a bcdy for our alIt worK for thts report. or for the opinions we have forni¢d. Jessica Lawrence Senior Statulory AltOr For al on b¢half of Azets Audit S¢rvice5 Limited 2311212024 Chartered Accountants Statutory Auditor 12 King Steet LSI 2HL 191Page
St George's Crypt (A company limited by guarantee) S'I'A'I'LMbN'I' OP FINANLIAI. AC-I'IVI'I"IES UNICORPOJiATING THE INCOME AND EXPEhlDITURE ACCOUNT) for the year ei)ded 31 March 2024 TO fix As rejtated Tthal 1023 INCOME IJ03h93 584513 12S.451 1.429.144 554513 42.955 1.7602J4 4.116,846 1ffi57.517 5T1.901 11,786 2287.162 429?56 OthÈtYradin8Atb*i¢% Invtsunerfs 119.971 TOTAL tNCOME 4.571.424 245.422 EXPENDIIURE ON 515.486 3.846.191 4J61ffl 515,486 4,153.075 4.668561 310J99 3536J72 36$4 TufAL EXPENJ)nvRE 3.876,771 209.747 161.462) 141285 652565 (991 39205 {1.356) Reoli5Ed8BM onJalgoffixEd &5 L¢MS¢ndi5eontirdwat15 39305 248,151 161.4621 IB7J 651209 NETMOVEMÈNfJN (61.462) It7.389 6512Qg fimthbrwl4 {asrethd) 1.752.405 26BJ88 9.1.393 8370.184 TOTAL FUNDS CAllRD FORWARD 93 The Stat¢menl of Financial Activities includes all gains ¥nd loss¢s in the year. All income and trApendittwe derive from continuing activities. A fully detailed comparative ststem¢nt of fillala1 activitie5 for the year ended 31 March 2023 (os restated) is shown in not¢ of the fuw)cial statements. The Ststement of Finan¢ial Activities also Compli with the requirements for art income and expenditure ¥Unt und¢r the Compfini&s Ad 2(K)6. 20IPage
St George's Crypt (A MpanY limited by guarantee) BALANCE SHEfT As al 31 Mlliel) 2024 Regisiered Conii)aiiy No. 07780402 knas2024 T•tsi fiJnd*2023 12 11115,794 7.758 7.867.950 7.859 lrtvestmerts 7 B75 819 15 501,195 2,757,169 666,827 2575.172 CREorroRS.. Amollrts &Iliu&dWlthin0w y 16 ($346) 138IN261 NETCUJiRElffAS8Frs TOTAL ASSETSLESS CiJRREtff LIABILITIES 10,736.782 CREDITORS: lfitrmo ye•r (iJ76.168) 11.715J89) ASSErs 9021 393 R•striEted 1%d5 UnrE51ri¢led fiThb-dEYiw¥J Unre41ri¢l fwdJ-8tn¢Tri TOTAL CHARTfY FUNfx8 268.988 581,000 8 171405 591 902139) Th¢ not¢s on pages 2344 form part of these finala1 statements. The fina181 statements wereApproved by the board of truste and authorised for is5u¢on. 2011212024 and sId on their behalf by: Jane Dutton Trustee Pickup Tru¢¢ 211Page
St George's Crypt (A company limited by guarantee) SI"A'I'L.N4ENIT or CASH PLOWS roi. Ihc yeai. ended 31 Mai'cli 2.02.4 Totsl fVj5 2023 ¢b knlkiws fywOperllDEAtllvllls Nel income t01t otherTetWA5ed 8au>5•wJ DtwcEiatiDn Profil dis o(wea fixed LOSS a7 ofiMW 187.389 224.957 139,2051 652565 41955 Loss on invEkncnt IkcruR in dekns In¢re•S(I1lts ¢rtditws 157.932 85J40 28.304 121.7421 884.(Y)6 655.469 Clth •st4 Ill iovoi15¥ xlivSlbH Tnte¥tst A dividwyjs i¢ceThd 111.786) Pror<cd%frll eDf frKed8¥d¥ yments lowiittw8iThk fixed N¢i<¥h fl•$ iDltye4ffj¥e•Jvk&s 139.1In 376 374 22 Il•w¥ fr•m xthi¢i {16.0541 1171381 1543211 N1 tsh ll•wx fiNtI¥l¢vId 766 211W7 436.108 CASH ANDCASH KQUJVALÉNYSBR0IMy FOAWARD 2 575 172 2 138 364 CASH ANDCASH EQUIVALBPII3CARRIED F¢MiWARD ANALYSIS OF CASH AND CASH EQUIVALEF415 2Q23 Cath flow Other no ¢ash ch%¢5 2024 Cash at bank and itt hond Debt due in l year Det4 due in greaterth l ye¥ 2J75.172 (71,T26) 715 389 718 057 211,997 2.787.169 (139,5761 1576 168 071425 (67,850) 351218 221Page
St George's Crypt (A company limited by guarantee) ACLOUN'fiNG POLILIES Foi. thc ye41- ended 31 March 2024 ASIS OF ACCOUNTING The financial statements have been pPared in acwrdance with Statement of RecA)mmended Practice "A¢¢ounting And Reporting by Charities" and applicableAccounting Standards in the UK and Republic of Ireland (FRS 102) (effe¢live J January 2019)-{(hriti&% SORP (FRS IQ2)). the Financial Reporting Standard applicable in the UK and Republic of irelaml (FRS 102) and the Companies Act 21KI6. St George's Crypt meets the definiiion of a public benefit entity under FRS 102. Assets and liabilities are initially re¢ogniwJ at histori¢01 cost or transaction value Lll)less otherwise ststed in th¢ r¢l¢vant a¢coui)ling policy note. The fina1&1 stst¢ments h)ve been prew¢d in pound sterling as this is the Currency of th¢ primary eeDnomic environment in which the charitable company operates. Mo amounts in these fmanciai statements are r4)unded to the rareSt £1. Consolidated financial statements have not been twepared since the two subsidiaries are immaterial. GoIG CONCERN The financia] statements have been pfwed UTKler the going ei)ncern basi5. The tnjsiees havo ¢arried out arevi¢w of the charity's cash flows and resources and are confident that the charity is able to meet its liabiliti¢s as they fail due for a perifyl of ot least one year from the date of approval of ihe fllwAciai stst¢ments. INCOME All in¢ome is included in the Statemcnl of Financial Activities when the Charity is legally entitled io the income and ihe amounl Can be quantified with re&%Dnable accuTacy. In accordance with this policy. inc4)nJe arising from the provision of hi)stel accornmodation a1 supporting people is Unted for on an accnjals basis. Donations, legacies and simllar resources are accounted for on an accrnals basis when the thaTity is legally entitled to the income and the amount can be quantified with reasonabl¢ a¢cuTW. Food donations cartnot be accurately rne8sured', therefore. they are not included xn incom¢. Other gifts in kind are ilUded in the Statement of Fin¥nciai A¢rivities al estimated market value. Grants from government and other agencies are accovnted for in the year in which the Charity ig legally entitled to the inCMe and the amouni can be quantified with reasonable a¢¢ur&y. Investment iTKoTne and &wciated InMe lax refunds are Counted for on an aTual5 b&%is. In¢ome from shop sales is Iluded in the perii)d in which the sale takes pla(x. Items donatyl for resal¢ are T1 included in fina]21 Statements until they are sold. EXPE]YDITURE Expenditure is accounted for ¢)n an 8wuals basis 8nd h&8 been cl&%sified under headings that )ggregale all ¢osts related io the category. Whtte cannot be direct]y attribut¢d to partÈ¢ular h¢adings th¢y have be£n allo¢ated to activities on a basis consistent with the use of resouK¢s. Expendithre includes attributable VAT which carnjot be re¢overe41. Grants off¢r¢d subject to conditiS which have not Z3IPage
St George's Crypt (A company limited by guarantee) ACCOUNTIN(i l)OLICIES roi. Ihe ycai. lded 31 March 2024 been met at the ye8rnd date are noled as a commitment but nLt ac¢Tued as expenditure. ALLOCATION AND APPORTIONMENT OF cosrs Costs of activities in fijrtheronce of the charity's objectives Tepresents all expenses, including depreciatio incurred in respect of ihe operation and maintenance of the hostels. This includes management and adminislralion cosls afftibutable to the management of the ¢harity's asse1$. organisational administration and compliance with ¢onstitirtional and statuw requirernents. Costs of generating funds represent the slaff . publi¢lty and fidra]S1 costs attributable to PrOnting the charity's activity. Governarte costs are those incurred in connection with organi19al administration and compli8J]ce wth constitutional and stattrtory requiremerrt& The allOtiOn of support costs 1$ 8nalysed in note 6 and all ¢osts dIrelY Telated and incurr¢d in the delivery of ¢8re including premises costs kn Incl¢& Cts not directly ftlated have been allocated based management dÉscretion. TANGIBLE FJXED ASSETS Expenditure on fixed assets is capitali5ed in the balance 5h¢¢t 8t Gifted assets are capitalised at their market value. The tk Minimis capiralisation level is £5110 or if the asset has an ¢xtK¢ted useful life of mi)re than a year. The depre¢iation Poli w&s last reviewed in 2018 and changed so th&t it reflts more accLralely the useful life of the &8sets by using the straight-line methcd for 811 assets. DepTeciation is provided usingthe following anDUa] ratrs: Freehold proEKrties (ex¢ludin8 land) Leasehold improv#nents Plant and Mh]nery FAxture4 fittings and equipment Land 2Yg straight line Over the length of the lee 25Y•- 33.3Y• Strnight line 21)Yo- 25% straight line No depre¢iatioti clwge is made JMPAIRMENTS Fixed are review¢d for impairnwAI if ¢v¢nts or changes in ¢ircumstan¢e5 indicate that the corrying amount may nol recoverabl RECOGf4JTION OF LIABILITIES Liobilities are recognised where there is a legal or ¢onstryrAive obligation committing charity to the expenditure. 241Pa8e
St George's Crypt (A company limited by guarantec) .4C'LOIJNII"ING POI.ILIES roi- Ilie ycai. ended 31 Mi aith 2024 TAXATION St George's Crypt is a registered charity and as such is & charity within ihe meaningof scheAule 6 of the Fina¢ Act 2010. Accordingty. the Charity is pN)teDtially entitled to tax exemption under part I l of the Corporation Tax A¢1 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arisin& FUND ACCOUNTING UnTestric*d funds can be used in accordance with the charitable obj¢¢tives ai thc dis¢retion of the trustees. Desjgithted funds are unrestricted fimds which are set&4ide by the trustees forspecific purposes. Restricted funds can only be used fijr particular restricted purposes within the objects of th¢ harity. RestrilonS aris¢ wh¢n specified by the donor or when funds aT¢ rnised for particular restricted purposes. Further explanation of lh¢ notUTe WKI pwe of exh fund Is included in the notes to Ihe financial statements. LEASING Rentals payable under OPalIng lease5 are charged againsl 1me on a straight-line basi5 over lee term. IP4VKSTMKTrrrs All listed investments are I¢Unted for at their market valu¢ at the balance Sheet date. All unlisted investhients are a¢¢ounted for atcost. REALISED AND UNREALISED GAINS AND LOSSES All reISed and unr¢alls gains and losses on inv¢smi¢nt assets are recognised in the &ccounts. Pernianentdiminutions in the v8lu¢ of fixed ats are charged to the Staternent of Financial Activities, PEI NSIO]Y COMMITMENTS In August 2014 the charity commenced pension payments UTMlera defined contributiorft scheme, part of autovenrolment. The Contribthjo payable during the year are chaoed tn the Statement of Financial Activities as they fall due. EMPLOYEE BENEFITS COntriblOn$ lo VIPA are r¢c4gnixd an expense in ihe wiod ID which they are incurred. FINANCIAL INSTRUMENTS The ¢harity has elected lo apply the pmvisions of Section I I 'Basic Financial Instruments, aThl Section 12 '0ther Financial Instruments Issues, of FRS 102 to of its financial instruments. Basi¢ financial instrum¢nts are initially recognised at transaction vdue and subsequently me&sured at t1r settlement value. CASH AT BANK AND JN HAND at bank ond cash in hand irKludeJ cath and sl¥)rt lerni highty liquid investtnents with a short maturity held for working capital. 251 Page
St George's Crypt (A Company limited by guarantee) .4CCOUNTING POLICIES -.or Ili¢ Jieay elided 31 h4arcli 2024 DEBTORS Trade and other d¢btOTS are re¢ogt)ised al the settlement amount due after any trade discount offered. Pr¢payments are valu¢d at the amount prepaid. Financial asse herthan those held at fair value through profit and1054 are &%sessed for indicators of impairmenl at each reporting end date. Financial assets are irnpaired where there is objeclive evidence thaL as a result of one or more events that occurred afterthe initial recognition ofthe fin4Tla1 asseL the estimated future cash flows have been affected. The impairnient10&8 iy rttognised in the iw)me and eyetMlitur¢ a¢¢ounL CREDITORS AND PROVISIONS Creditors, loans and provisio$ are recognised wher¢ the Charity has a present obligation resulting from a past event that will probably result in the transfer of fimds to athird paty and the amount due to settle the obligation ¢an be m¢a%ur¢d or estimated reliably. Creditors. loani aTrJ provisions are normally cognised at their s¢ttknnent amount after allowin8 f any trade discounts due. Financial liabiliti¢s are only dereco8nis¢d wlw and only wlw the Charity's obligations ar¢ discharge¢ cancelled or they ¢xpi¥e. Amounts regniSed as provisions are best estimates of the cortsideTation required to settle the pr¢s¢nl obligation at the reporting end date, taking into acaiunt the risks and uncertainties surrounding the obligation. CRITICAL ACCOUNTITrIC JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAIT4TY In the application of the Charity's accounting policies, th¢ TnLStees ar¢ r¢quir¢d to mak¢ judgements. estimates and assumptions atx)ut the carrying amount of assets and liabilities thal are not readily appareni from other sources. The estimates and t0¢181ed assumptio% are based on historical experien¢¢ and other f&tors that are considered to be relevanL Actual resuhs may differ from these estimat¢s. The estimates and underlying assumptions are reviewed on &n ongoing basis. Revisions lo accounting ¢Slimates Fewised in the ttriod irs which the estimate is r¢vis¢d. if th¢ r¢vision affe¢ts only tht periol or in the P¢Tiod of the r¢vision and firture periods if the Ttvision affects both current and future periods. The estimates and ossumptions which have a significant risk of C&Ing a material adjustment to the Ca1ng amounl of assets 8Th1 liabilities 8Te outlined Wow: CRITICAL ESTJMATES DepretA¥tion of tADglble Asstts Depreciation w)licies have been set according to managemenvs EXpErIen of the useful lives of the a&t$ in each c&tegory> S(ynething which is reviewed annualty. 261Pa8e
St George's Crypt (A company limited by guarantee) ACLOUN'fiNG POLICIES Foi. Ili¢. year e41ded 31 Mai'c]1 2024 LeEa¢les Legacies aTe r¢¢ognised as inwe when wobate h¥s been granteA], the chwity has established its entitlement lo the funds, sutTicient infornialion is available to allow il to m¢asure its entitlement and where a noti¢¢ of payment has been received. ZIIPaEe
St George's Crypt (A company limited by guarantee) NOTES TO T14E fiNANICIAL STATEMENTS l-oi. the year elided 31 Mareji 2024 DONATIONS AND LEGACIES X re#lattd Ilpr4slYirlt IlJ24 Roslrirtld 2ts24 Tr*tsl 1024 Il•nsirfrird 2023 2fy2J 21123 in¢lthlir¢ Gift L£gxie5 Grdrfs 1.138Jfl) 77J85 $7548 IJ03h93 39.IL15 1.1Tr.366 Tl,815 173,193 850297 128fi43 90959 I999 4>1)1 1.282.198 121.643 246.546 1&57,387 155J87 s.481 125.451 Truslee donations itKluding gift aid tolall¢d £3,750 (21r23- £3,746) dwing the year. Donati0Th8 above includes £191,593 (2023 - £164,708) of don&ted goods and ser4ices whtch has been recogDised in b)th income and expenditure. OTHER TRADING AcfJvJTIL8 2024 2023 Shop and Nurture income 584513 584513 572.901 INVESTMENTS 2024 2023 Deposit xcount interesi Dividends 42.955 11.667 119 42.955 CHARITABLE AcrtVITIES Ilnre5trirtr RestYTettd 2024 T•tsi 2014 IlTrrttlrfrkd 1023 RtJlrlrJ IlJ23 T•tftl 1112) 2024 IS62 It118 127.018 2.483J61 16033J2 1156241 2.156241 <thariMble arttvth¢$ 4.QQJ 2287262 4,CQ3 87262 Il9511 281Page
St George's Crypt (A company limited by guarantee) NIOTES 'I'O 'fHL FINANICI.4L STATEMENTS Foi- tli¢ y¢ar ¢iided 31 Mai'di 2024 RAtSlNG IryNDS 2024 2023 Dlr¢¢t ¢osts Staff Costs Other staff costs Publi¢ity and fundraising 368920 3,282 129942 502,144 285,200 323.330 Support e4)sts Administration Charge 515486 340 399 291Page
St Gwrge'5 Crypt (A cijmpany litnited by guarallt¢e) NOTES TO THE FINANCIAL STATEMENTS For the ytsr ended JI Marcb 2024 DIRECT com f•JVFVOP¢ANEOXrn j.iu 5x5 . 13575 27.17fj 1407) 10.ttj 7.411 5JJJ sn H#th4rAWEI Ji 301 J3X.X Jsi 121SI frA¥rl 49P JJ83 )7551 121MS 43?
)IPa8È
St GeorB¢'8 Crypt (A company lit))ited by guatanle¢) NOTES TOTHE FINANCIAL STATEMEwrs Fov the year ended 31 Marth 2024 Pt•rtyCv JJ (IEJ IMJSI) 5AQ)I I>XTh6 21291 &.1J5 2115) 19fft] 36L 8vrpwum 61 iy2J• iy 4JD6 145 4•3 11 si3 5 9) 75J '.17J57 S1.nJ ¥JM3 lJ45).9 411J13 311P2xe
St George's Crypt (A company limited by guar8nte¢) NOTES TOTHEF]NANCIAL WATEMENTS Forthe yended 31 Kat¢h 2024 Alv<bXI3 T•WIPI3 LIELIYERYOFCAit¥ci 4511 4JlJ 2J61 IW7 &746 5.1*7 S•lwks 4¢i 14D 321Pè4e
St Gwr8e's Crypt (A ¢ompAy lirnited by giThr) NOTES TO fHE FINANCJAL sfATEMENrs For Ilie yeen(kd Jl Marth 2024 47211 55,97 19,M7 17MI ¥J15 2J)sJ 51J 4>1 157 155 SUPPORTCOSTS I95 4l*l SJJS umy 15. Il67 17 g>IPa8e
St George's Crypt (A company limited by guarantee) NU'1'bS'I'I)'fH I."INANLIAL S'I'A'I"EMgNI ror the Jieai. elided 31 March 2024 GOVERNAliCE COSTS 2024 2023 Auditor's remunernlion for: Audit services Non audit services 15.000 14.530 29,530 13.850 10.500 'IET If4COME roR THE YEAR 2024 2023 This is slated after charging: Depreciation Auditor's remuneration Operating leasE rentals-property 224,957 15,000 213.184 10,500 TRUSTEES, REMUNERATION AND BENF.FITS There was no trste¢s. Temuneration orother benefits for the yearended 31 MaKh 2024 r for the year ended 31 March 2023. 10. EMPLOYEES 2024 2023 The average monthly number of [So[L% employed by chlty durin8 the year was: Managers Socia] ¢are staff Administrative staff 12 64 14 89 14 98 2•24 2023 Staff costs foT the aknve p¢rsons: Wages and salaries Social Security Costs Pensions costs Benefit in Kind 2,523.696 235.248 54.636 12.498 2.826,078 1.942,292 173.053 37.931 10.955 2 166 231 There We two employets whose emoluments eXcded £60.000 (2023 - two), one in the band £70.1)00 - £80,000 (2023 - one) and one in the band £80.1)00 - £90.(X)0 (2023 - none). The tKadership Team (which ¢i>mprises those individuals listed within the LeershiP Team dis¢los¢d on page 2) remuneration, including gro55 pay. employer's pe%10 ¢ontributioAs. ¢mployer's rthtiond insurae contributionq and benefits in kind, during the year t¢)talled £629.389 {2023 - £566.375}. To ensure better communication between departtnenls and improved succession planning wsthin the Chlty. the management struciure incorporates 9 Heads of Deparknent and 2 Executives. 341Page
St George's Crypt (A company limited by guarantee) NU'I'ES J-O'I'.HH PINANC'IAL S'1'A'I'EMgN'I'S roi. thc )Jeo1' elided 31 hiaich 2024 TAXA TI.ON As a charity. Si Georg¢'s Crypt is exem Act 2010 and on gal falli i from tax on income falling within Part I l of the Corwjration Tax within s46 of the Taxation of Chargeable Gain5 Act 1992 to the extent th8t these aTe applied to ils charixie objectives. No t&x chaTg&s have ans¢n in the charity. J2. TA TrIGIJILE FIXED ASSF.TS Fixlures. Fillings ap Equipment Lechold lJnprovem6nl$ Freehold Pn)perlies Pl¢thl Ma¢hinery Tolals At 31 March 2023 Additio Disposa15 Af 31 March 2024 1,433,702 22.171 7J70.933 410,741 112.424 7,669 50 253563 23.797 553,305 9.611,503 J5,889 472.598 112,424 569.194 9 971677 455.873 277 360 Depr¢¢iation Ar 31 March 2023 Charge for the yvdr Eliminal¢d in wFct of disposals At 31 March 2024 441.35L) 35.958 633.52 140.171 243,447 6.786 425.174 42,042 1,743.553 224.957 627 1955 883 477 308 761.126 250,233 467.216 Net book value Ai 31 Marth 2024 978.565 6.908.124 101978 8 015,794 At 31 March 2023 6.737.351 128.131 7 867,950 The Trustees believe that the i)pen mark¢t values of tk p[eled w0rtieS in total is not les5 ihan the total E)ok value for fre¢knld pri)perties. Within Freehold Properties,18nd values lotslling £536k are i[Uded and not deprlat¢d. This is derived from £80k relating to Grace Lodge, £66k related to Don RobirLS' House. £SOk relating to Regent Lodge, £1 Sok relating to Martha's House and £190k re]Ing to Town StreeL 3SIPage
St George's Crypt (A company limited by guarantee) NUI'ES'I"U'I'HV klNANCIAL SI'A'I'bMeN'I' ror Ilic J'eai. ended 31 larth ?0?4 13. FIXED ASSET INVEWMErrrs Invesknents IFJ subsidiaries Listed investrnents Note Total At 31 Marth 2023 Disposals Unrealised loss on inveslment 7,857 7,859 (2) 99 14 (2) At 31 March 2024 Historical ¢ost of investments 4.228 Listed inyestsnents can be categoTised &8 UK equities. 14. DISCONTINUED OPERATIOIYS The following were subsidiary und¢rlakings of the company: Name St George's cry {Trading) C.l.C Si George's Cryo {Development} C.l.c Cl&ts of shaxes Oidinary Ordin Holding 11)0% IOOY• Dissolution dat¢ 31 October 2023 29 August 2023 Both entities were dormant in the year to up to th¢ dissolution dat4 after which they were subsequently disposed. J5. DEFfoRS 2024 2023 Trnde debtOTS Other Ikbiors Prepayments and accrued incom¢ 308.059 34.507 166.329 508 895 327.278 2,172 337.377 361Page
St George's Crypt (A company limited by guarantee) NO'I'BS'I i)'I'.HE FINANLIAL S-I'AI EMFfN"r ror the year elided 31 hqarch 2024 J6. CREDITORS: Amounls f%llin£ de wifhin year 21)14 2023 Bank mortgages Loan Trnde cKditors TtIOn and social security w5ts 0r crediloTS Ac¢ruals Deferred income 17,090 122.486 29,014 66,253 66.981 232.842 16,754 54.522 30,971 61,9S6 15,316 160,445 381026 The mi)rtgages and loan5 art Secured by a bank deixnthre on the charitable ¢ompany's a&sets and by first legal charges over the rChold properti¢s known .. 76 Conference Road, Arnil¢y, Lee(L8 (&) 7 Barden Grove. Arniley, Leeds (b) The mortgage for (a) above is repaid in monthly instalments of £944 8nd for Ib) in monthly inst&lments of . £1.348. and interest is ¢harged at 3% above base rnte on mortgages. Public Work5 Loan Board loans were Teceived from Leeds City Council towards the new builds of Regent Lodge and Don RobitLS ho. with fwst legal chaTges over each of these properties and Faith IA)dge (25&27 Wellclose Place, woodho. tthls). Interest 15 charged at 3.75Y• over a 30 year period. 17. DEFERRED INCOME 2024 2023 At l April 2023 Amount released to income Amount deferred in the year Ai 31 March 2024 41.062 (41.062) 5.541 (4.318) 41,062 18. CREDJTORS.. Amountx f*lliDg After one yr 2024 2023 Bank mortga8e8 Loan5 210.142 1366 026 1576.168 226.532 1488 857 1.715 389 The amounts falling due after one year are repayable follows: Bank mortgage Loan fMe between 2-5 years Due after more than 5 years 84.275 125 867 210.142 440.275 925.751 1,366 026 371Page
St George's Crypt (A company limited by guarantee) NO.1..'t.0 IJ4L TrINANLIAL S'1'A'I'kMEN"I'b foi- Ihc )i¢ar endcd J l Marcli 2024 19. ANALYSIS OF NCIT ASSETS IIETWgEN FUNDS Ftsr th• yelr ended 31 March 2024 Tothi Fwd$ TAr¢iW¢ 15xtts Investrntnts Cw(¢rtt assets IS.Y94 7.758 2.158 1554.W) {1576.1611 8.410256 8.015.794 7.751 3296,D64 1534,6661 11,576.1681 9201,782 591M• 207516 Lans4ctm lill"ll1115. N¢trni 31 M¥¢h2024 591.C 2520 FDr the ye•rended 31 2023 (8$ Test•ttd) Fw T+JtBI Funds 7ansiN¢ fixrd Js%ts lthyostments 7167.950 75> 2)5516 7J67.950 7.859 3241999 1311.026 581.(JYJ 305J33 136J451 C4rt Liabilities LoDE4¢ml IwlA"IItiB5 Net ass¢ts at JI PfaTeh2Q23 (1.715J191 .171.4QS 511.CO) 26898$ 9.021 J93 381Page
St George's Crypt
(A company limited by guarantee)
NU'IFS 'I'lJ I'HE.PINANCIAL s,fA'IEM'I'S
Foi. the j'ear ended i I h4ar¢h 2024
20. MOVEMENT IN FUYDS
AtIAw
2023
F•ribt yeiriothd $1 M•rnh 2114
TraTrsfrTh Al YI Mu¢h2024
D¢siqrnted lkndg
GentMI fjJTrd
IOMID
110.cwi
591,CQO
8,410.2S6
9,(101256
,171.405
8.752.405
4hlO.029
4ffi10.629
(4.361.778)
14.361.778)
RBrnCIEDFtMIs
ChIpln¢Y
5?.105
3P55
56.029
162.6531
50.481
3.055
FurYdwi< proje
N¢w &Jildins ProF
Heakh & W
St George's Crypt {A company limitrd by guarantee) NO'I-bS 'I'U I'HL FINANCIAL b'l'A'IEMBN'I' Foi. the year ciided 31 Mar¢li 2024 Ilor the Year¢e 31 MJYb2023 lu nstM•ul) At l Aya 2022 Al JI Maw 2023 7J91.I07 ioi.sn 8.194y19 16.112.407) 6,812,407 581,0 Grrt¢Thl 3.941 J48 3,941.148 13)14,422) 13J84.4221 8,752.405 lJthplincy Growiro Room$ pw¢Ji¢ N¢wHwildlll8FI¥j¢¢ H¢olh & W¢Ubeini Amil¢y F¢odby* CourEtllins ScrvK¢s IB225 19.194 2170 {494) I02]2> IB5 168.143 57.105 3P5S 40Lb 28J28 6975 2.179 26.641 17275 5,147 26.691 39.616 44438 75511 32250 t75.181} 133.445) IiJ7DI 29J2J 3.145 2.179 641 6.1fy) 4394 19J49 31.715 Fr}17g Troje J.735 37.038 342 9821 QgN91 (2B,4611 {122821 175J221 Car¢ A¥hl¥ 11¢ 75J22 1370.lel 4529JJ6 (3.178.Iri) 9.021 J93 Tran In 2023, the charity moved its Fixed Assets from D&signaled Fund into General Funds. This is because th¢ Funds have already been spent on assets that are uulised operationally to deliver servi¢4s we offer, Th¢ remaining Designated Funds are therefore monies ring-feJKed by the Tre¢S.81 s¢nior leaders to improvethe service$ offered lo servirx u5¢rs in the future. lJ4ted funds The designaied fixed fijnd in the prior year ryresented the net book value of the ChIty'S fixed assets. less any boryowings thereon and other associated (kdudions sh &$ creditor Tetentiorns in trade Creditors. For the rernaining designated funds, the charity is ¢fflunitted to ewuring suitable accommodation is provided to thrjse Ivho are without a residence. As such. the charity is in the Process of TegiSteri a subsidiary as a Registered Provider of social holg with a view to buildin£ ujore a¢¢ommc4Jation in the futur¢. Ik$ignation of £200,000 has been undertak¢n to facilitate this and towJrds build planning co#s in the future. As the ¢haTity increases its outreach. a further2 new projects have being started £108.000 has being designlted lo ensuritiEth¢ pmjects are SesSfUl. The remaining designatiorts of £273,000 relate io a mixbjre of ¥0p Tepairs and upgrades and th¢ purchase of asset& which has been increased by £IO.000 in the year. 40IPage
St George's Crypt (A company limited by guarantse) N()I'kS'lb'I'H FINANLIAL S I'A'IEMbN'I Foi. the yeai. ¢nd¢d 31 N43rcli 2024 ResLri¢ted funil Chap14inc)' represents wt Sir Halley Stewart for research into homelesmes5 and Christi¥J)ity. Groiying Rooms represetLts grants awarded to pay forregistration to relevant training courw and to reimbwsetravel expenses for Growing Rooms Proj¢¢t clients who volunte¢r at the charity. Piirniliire Projee.I relates to plan lo utKyGle old fumith by Growing R(K)ms Pmjwt clients for resale. Neiy Buil(ling Projeels Tew¢sent grants toward$ the charity's new housingdevelopments helping homelessness aNI disadv&ntsg people. Health & Wellbeing represents grts towards derttai provision And towords client trAVti expenses. Armley Foodbank represents grants 0ratIng atyj st(Kking a fo(wJbank from the Arniley Shop pr¢miKs. Collnse]ling Services r¢presents gr8nts 10 SUPIKirt Grnwing Rooms Pmjectclients. Occllpational Therapl8t r¢presents a wt from NHS ClinicAI Commissioning to provide an in4r$ 0UPtIOna] therapist. Cn'pt repTesents grants rec¢ived to pmvide services to knth clients staying within its proputies and towards provision of a lUh tim¢ service for esIdents. Printing Project represents a Growing RmS Project for clients to design and create screen print items for sa]e. Mental HeAlth Worktr represents a grant to employ an on-site mental health worker to support the needs of ¢lients engaging with our servi¢e5. Nurture represents a significant aword towards redeveloF4nent of kitchen facilities to 8]low tTaiThing for individuals to gain key life skills through Cooki This is ¢ombined with other smaller awards to assist in ryoviding a fre¢ lunchtim¢ meal service. Care represents successfully awarded grants received to allow the charity to updale the air ventilation syst¢m within the Crypt em¢rgency accommodation s¢ttin& Ashlay Hoiise- A new proj¢ct in parlnership with the Department for Levellingup, Housing and Communities (DLUCH) to provide an additional 15 units of appropriate awomm(thtion fol th¢ homeless cothort. The a¢¢ommodation is a]igned to other projects by St Georg Crypt pThl provides shelter. support and food to vulnerable people. 21. PEIYSION COSTS . In August 2014 the Charity commtnced pe] payMts under & defmed c4)ntribution scheme. as part of auto- enroltnenL The pension cost charge represents contributiorks payable by Charity and amounted to £54,636 (2023 £37,931). Pension ntributIonS outstanding al th¢ y¢gr*nd amounted to £23,744 (2023 - £11,595)- 411Page
St George's Crypt (A company limited by guarantee) N0J''1,(}.1,v P'INANCIAI. S'I'A'lbMEN'IB ror the year cnded 31 N4arch 2024 22. OPE114TING LEASE COMMITMENTS Ai 31 Mar¢h 2024 the Charity had total commitsnents under non-cancellabk OWdling leases as follows: 2024 2023 Payrn¢nts du¢-. Within one year BeNeen two to five yeaxs 119,902 85,677 145 092 22. CAPITAL COMMIThIENTS There were no pital commitments at the year•end (2023- none). 23. RELA TED PARTY TRANSAcfioNS The Care Centre is opernted from the beneath St George's Chrt whi¢h is ow]d by ihe Church and leed to the charity fiEe of chayge. Revd Liz2y wlf licensed as Rector of St George's Church on 2 September 2017 and is an ex offieio Trustee. A donation in kind Iw been Tecognised within irKome of £65.000 (2023 - £65,000), being the estimated market value of this rental. The charity made the following 8Y•nt payments thring the year to:_ LIghth0e West Yorkshire is a related party due to Nick Bishop (eknmmon trnstee) and Revd Lizzy Woolf being an ex officio TTIL8le¢ ofst George's Cryy ond a TnLStee of Liththous¢. Duringthe year a grant paymertt totslling £20.0(X) (2023- £20.1XYI) w&8 made to Lighthouse West Yorkshire. 421Page
St George's Crypt (A company limÈted by guarant¢¢) NV'I.'LS 'I'U 'I-.Hb PINANCJAL &I'AI'EMENTS Por the Jieor enéed J l Marcli 2024 24. PRIOR YEAR AD,IUSTMENT Prior year figwes have been reststed to remove Care restricted iftcome which had had been incorrectly disclosed as reslri¢t¢d income, th#eby understating unrostrict¢d income ¢arTied forward. This •dju$iment h&8 had the effect of reducing 2023 r&8tricted ]rOrne and closing funds by £75,322 as well as in¢re&sing 2023 unrestrithJ income and closing funds by 75.322 u follows,. 2023 Opening reserves as pr¢viously ported Prior year adjustmelt: Unrestricled incorne Restricted income ad'ustm¢nt Reststed ¢losin rese¢8 9,012,393 75.322 9 02l 393 Prior year income &s previously rewted Prior year adJustM¢nt: Unr¢$tricted incom¢ R¢slri¢ted Inrne Kestad nor ear income 4.529,336 75.322 4 529 336 431Page
St George's Crypt (A company limited by guarantee) NU'IF"S 'I'U'I'HW k'lNANilAL S-I'ATEMbN'I3 Poi- tlie yeai. ended 31 Marcli 2Q24 25. COMPARATIVE STA TEMENT OF Fif4ANCIAL ACTIVITIES IAS REATED) To¢ai INCOME 587.41 I57.517 s72] 11.716 2287262 IYhcrTrBdin8ArfiviiKs TrVtS¢w¢nts 5TI&II 11.7&5 2387362 3941 TOTAL rNc(hME 5t1.481 4529J36 Rain8 fullds Chritabka¢btAIi¢s 340J99 3.Q42.667 340J99 3536J72 3J76.711 493.705 3J83.1 493.705 558.7 9176) 652J6S 13 liJ56) 11,3 R¢didyn offix¥J LWE NEfNcoME 557.426 gin3 651309 19 NBTMovEMwfIN FUNDS 557.426 651309 Ttrtsl foThvard 175J115 8J70,114 26. POST BAUNCE SHEET EVENTS Th¢ Pudsey shop lease was renevKd post yeaT-end for an ¢an¢¢lI0b1e puiod of 3 yews at £28,000 per annum. 182 Town Street WAS sold poyt ye&r*nd and 74 Confernice Rd w&8 Purcha with those pr(xeeds. The Hedley lo from Leets City Council was settlrA tM)st yearqend. 441Page
St. George's Crypt Great George Street LEEDS LS13BR 0113 245 9061 l.Dr St.George's Crypt admi sl AxeAs Audtt sece# Umltth1 12 Street LS12HL R•: St. G•0.$ Crypt To wh¢Jn It may c4Jncem The fvjlknwry Mpras•ntalons b9 of of managent 8ff rele¥8Tht krnedge and exrienCe such as we cjjislder r•s98ry in wth your audit of the iaritab )mpany's finand81 slatemenls foi the year end•J 31 Marth 2024. These erquiries have incbjed irtsp¢¢tion of SUFporknThJ documentation wher? apprrpTl8te and suffident b salsfy oursefves that we can make ea foU¢)wkng r8prosentalons. M re&Senti mth to ts b86tofohwkn(yAwJga and boli&f. GENERAL 1. haw frfilled our Te5rK$tjbss a8 In•t Is sot 1 thg tem1$ of your •rwwwnt dated 26 Jun8 224, uThJer the Companies 2(th and CharitiB5 Act 2011 fr>r prnparing fthanci81 gtatements In aecordait• %%llh 9M4cable law a1 Unibj Kingdom Standard¥ Iunited ngdom Generalty AeLptsd A(wJnty Practice). foi beivJ satisfied that Ilw a tru? and fair view aTrJ br rn8klng reWesenIatt to you. 2. All the transathor undwtaken teen prcqjerty refcled aThJ recorded In the a¢xwntiro re¢rKth. l Al the c0[n9 rerx)rth to yw for thè wrpose of yow V have provthd you with uwesth¢ted access io al apprLyiate petsons wilhkn Ihe Liith ¢ompany, and wkh 811 otr records and reIed Infoal requested, kndudiTry rrNnutes of all man8gttmént and trustee meatings CaNpondenCe wlth The Charty CLyNn1c. 4. The ffnandal str1nts free ormatsrt mkntaiwnents. cffjissb)n8. 5. Thg effgcts of un¢orrgct4d mtsstaiemerts are rnal81. Ix)th Indty arKI In aggregate, to tho finarKial atstents 85 4 T. (See append 1 for detsls ofsuch rni$stslents1. We have. reI&ievd arbl apwod 01 4j11 made kn the fmnci•l gtatem&rrt9. 15ge Pendix 2 for delails ofsuch audit rdptslbmnts). 7. Ws and approved all dBdoyuy mJe in IIE fir•n(xal ytatemerts aThl t are not awarè of any olher matters which require th'5rknurE in order lo comply Ihe requlremenls ol appliCae and Unitod Ar&n.j StarNlards IUni18d lfjngdom Generally ApIed Auntij Procticel. INTERNAL CONTROL AND FRA 8. thowledge ourresponsyltyl)r ihe dljTr, knplpmonlal)n maintenarn ofinlgm?I control to prevent detect frhd and grr(¥. and beleve that we have apprcprtately fvjlfiled thesg reswnSib]l'es. We have ifjsdc•gd to y¢)u r8yJlls of ri$k wwmenl Ilwt thè fineal statements may be mi5StabJ 85 8 reSl of tra1. 9. ha disrlosed lo you affi inslances ofkrvm w 5UStthd tra1 affecliro the tharilatsle npary involving managemenc empl865 who a sIgnificl role kn lrtwn81 ¢onlrd orotsrs whorg fra Yj Aave a material effect the flnan¢id s18tèments. %iG•Ory0 Cryrt Leth" RegistaredlJly Nuirtr. 1144174 Ilep51wedCorym7 lunber. 7780402