DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) Registered Charity No. 1144474 R¢gist¢r¢d Company No. 07780402 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS for the year ended 31 March 2025 St. George's
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) CHARITY INFORMATION TRUSTEES AND DIRECTORS The Trustees who served the coinpany during the year were as follows.. EX OFFICIO TRUSTEES The Venerable Paul Ayers Revd Canon Lizzy Woolf F.I,r.CTF.I) TRIISTF.r.s ANI) I)IRF.CTURS Janc Dutton {Chair}- Appointed l O June ?0?4 Jonathan Chc5tcmiaii {Dcputy Chair- EI¢Ltcd 9, Dccctnbcr 2024, Acting Chair bctwccn D¢Lcmb¢r 2023 and Junc 20?4) lan Pickup Janel Swift Rachel Amold Ri¢hard Hughes- Appi)inied 13, S¢pteinber 2024 Dr Helen Reid- Resigned 31 bl March 2025 Jan¢ Cooper- tkc¢ased 31 91 Augu.qt 2025 Hannah I,nSehk- Resigned 4, February ?025 R¢i,d Canon Paul Maybury- Resigned ?Iid June 2025 LEADERSHIP TEAM Chris Fields {Chiet' Executive oificer) Helen Brownridge (Deputy CEO) Revd Andrew Muckle {Chaplain) AndreTh Omond {Head of Development & Strategy}- Appointed 1° June 2024, former Head of Marketing BheLisipho Siwawa (Head of Marketing & PR)- Appointed 1° June 2024 Chris Mason (Head of Finance)- Resigned 31 Augiist 2025 Keith Swalloiv (Head of Finance}- Appointed l O ' Novetnber ?025 C hris Wilson (Head of Client Services) Christine Lane (Head of Health and Well-Being) David Pilling (Head of Nurture) Jatllie Wilson (Deputy Head of Client Services) Lisa Aldrcd {Hcad of Fundraising) Natasha Morosini (Head of Retail) Matthcw Nic¢ {H¢ad of Infrastructur¢)- Rcsigned cff¢ctiv¢ 20, Dec¢mbcr 20?4 Natasha Morosini (Head of Retail) PRtNCTPAL BANKERS LEGAL ADVISERS AUDITOR Az¢ts Audit Services Limited HSBC Bank pl¢ 33 Park Row East Parade Luplon Fawcell LLP Yorkshir¢ Hous¢ 3 Wellington Plac¢ L¢eds LSI 4AP 12 King Sir¢¢l Leeds LSI 2HL LSI 5BD
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) CONTENTS Trustees Report and Strategic Report 4-16 Independent Auditor's Report 17-20 Statement of Financial Activities 21 Balance Sheet 22 Statement of Cash Flows 23 Notes to the Financial Statements 24-43
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 A Snapshot of 2024-2025 St. George's Crypt 41,500 beds provided across our serwces for different needs 15.870 care tre beds providing ernergency accommodation 12 people completed our rehabilitation programmes and are now substanee free 972 residenis across our accommodation services positively moved on 930 clients attended health 5ervice3 Qi"gani5ed and delivered through The Crypt 3,650 items of lothing given out to elients 3.410 mea]s per month produced for homeless and vulneTable people who accessed our seTwce 760 clients engaged with the activities we delivered 12,180 houts of client volunteeting, supporting work roadino$$ 5000kE of food per month saved from landfill 780 showers PTovided to clients who come to our lunchtime rncal service 2,905 refeJYal$ frorn other agencies In the last year we held in the region of 410 worship services across the charity
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 The Charity is ¢x¢eptionally grateful for its ¢ontinued support allowing it to provide accommodation and support for so many pcopl¢ ovcr th¢ year. despite th¢ tough cconomic environmcnt. Thc £135k reduction to funds recognised this year, resulted fron) multiple sources of inconie from controlled trading opportunities, fundraising activities and donors and legacies which are offset by our running costs. Thi5 has led to free reserves giving 0.8 months of operational expense cover when removing fixed assets from General Reserves, utilised to deliver our services. The charity has crcatcd a subsidiary Cntityy Future Proof Full Stop Limitcd, which is currcntly dortnant in anticipation of becotning a Registered Provider of Social Housing, and will be de.elOped to increase the organisation's housing stock and standard of accommodation to be otyered to the vulnerable people w¢ work '1th daily. REFERENCE AND ADM1Tr41STRATIVE ILYFORLIL4TIOIY Registered office and operational address.. St Gcorge's Crypt Grcat Gcorgc Street Leeds LSI 3BR Chari istered in En land and Wales Charily R¢gislralion No.. 1144474 (England and Wales) Company Regislralion No: 07780402 The charity inforn)ation page fom)s part of this report. STRUCTURE, GOVERNANCE AND MANAGEMENT The Tnlstees, who are also Directors for the purposes of company law, present their annual rep)rt together with the financial statements for the vear ended 31 March 2025 'hICh are also prepared to meet the requirements for a director's report and accounts for Companies Act purposes. The financial statements have been prepared in accordance with Statement of Recommended Practice "Accounting and Reporting by Charities" and applicable Accounting Standards in the UK and Republic of Irelaiid (FRS I O? -) (effective l January ?019}- (Charities SORP IFRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Irelai)d {FRS 102) and the Coinpanies Act ?006.
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 GOVERNING DOCUMENT St George's Crypt is a company limited by guarantee governed by its Memorandum and Articles of Association dated 20 Septetnber 2011. The Memoranduin and Articles ivere amended by Trustees resolution on 21 July 2025 and subsequently filed on Charity Commission and c.ompanies House. It is registered as a charity with the Cl)arity Comii)ission in Ei)gland and Wales and is a compan), limited by guarantee with the Registrar of Companies. The membership currently is confined to the Board of Trustees however there is provision for wider metnbership. MISSIOLY STATEMENT Our Mission Rooted in Christian compassion, our mission is to ensure that every person in Leeds has access to shelter, support, and dignity- regardless of background- through compassionate care on their journeys out of homelessn¢ss. Our Vision We working towards a Lecds wh¢r¢ homclcssncss is cradiLat¢d. and ¢vcry pcrson has aLcess to safe, stablc housing and the support thcy necd to thrivc. Wc 5cc a futurc whcrc cvcryonc, no mattcr their starting poiiit, has tl)e opportunity to r¢build their life with dignity and hope. With our 95 years of service, our strategy sets out a clear, ambitious frame%vork to solidify our leadership in homeless support services and guide our growth in th¢ years ahead. Ollr Values (The 5 Cs) Our work is und¢rpinn¢d by fiv¢ ¢or¢ values.. Care.. Wc prioritise the physical, emotional. and practical well-bcing of those we serve. Compassion.. We act the empathy and understanding, oftering support lthot judgment. Chri.8ti#nitv.' We treat every individual wilh love, dignity and respect follc)wing ih¢ example of Christ. Collaboration.. W¢ build strong partii¢rships to cnsurc joincd-up scrvivc5 for our Llicnts. Community.: We toster inclusive spaces 'ere everyone can belong, participate, and grow. PUBLIC BENEFrr STATEMENT The Trustecs aware of and havc Compli with thc duty in section 4 of the Charitics Act 2011 to havc due regard to the public bencfit guidance published by the Charity Cotnmission. The Trustees bcli¢v¢ thc mission statcincnt satisfics thc Charity Commission guid¢lin¢s un publiL bcncfit. In tnoiiitoring and plaiinin¥ prcscnt and future activitlC5, the Trustccs arc verv iiiindful of the nccd to be inclusive in the practical interpretation of the mission statement. They regularly review the impact of the charity's day io day activities in meeting the publi¢ benefit test.
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 OBJECTIVES AND ACTIVITIES In accordance with the Memorandum and Articles of Association, the key objectives are the.. The relief of hardship and ]x)verty among those living with homelessness poverty and addiction in the cit). of Leeds and beyond. The advancement of the Christian religion for public benefit. St Gec)rge's Crypt is inspired by prayer and provides professional standards of care and support within a fraMeork of Chrislian faiih and wiliiess. We are very proud of our Ii)ng tradition of sp¢aking i)ul on behalf of the most vulnerable adults 1th7n Leeds. The charity continues lo engage with as Inany of the hom¢l¢ssn¢ss r¢l¢vant debates as possible in ord¢r that St G¢org¢'s Crypt is repr¢s¢nt¢d and that the views of our client group are heard. The Crypt operates from several locations across the city as detailed in the section, Strategic Report. TRUSTEES AND MANAGEMENT ointmenl of Truslces As set out in the Meii)orandum and Articles of Association, the chair of Trustees is nominated by the Board annually. The Diocese ot Leeds is represented by the Archdeacon ot Leeds, i¥ho serves as an ex officio Trustee. The incuiiibent Rector ot St George's Church, Leeds also serves as an ex ole10 Trustee. Board members are appointed bv the Board. Tl)e Board has an Appointments Comtnittee which ivas set up so that they could identify and recruit new Trustees. Board Pwleiiibei-slli Thc Board of Trustccs, which can have up to l? members. is responsible for the overall oversight of the Charity. The Board noniially mc¢ts six titllcs a y¢ar. Thcrc is a Standing Coiniiiitt¢c '1th tn¢mbcrs nominatcd by tlic Board. A Chief Exccutivc Officer (CEO) is appointcd by thc Trustccs to manag¢ the day-to-da}' operations of the Charity together M'ith the Leadersliip Team. To faLilitate ¢ff¢ctive operations. thc CEO has d¢l¢gatcd authority, within frtins agrccd bv trustc¢s, for 0ratIonal iiiatt¢rs including finance, einplc)ymellt and develc)pinent of strategy. The Leadership Ten comprises the CEO aiid licads of kcy d¢partm¢nt5 in th¢ Crypt. Truglee induLli()n and irAinin Polenlial Truste¢s are interviewed by an ¢xisting Trustee or Trusiees, and Ih¢ir skill set is mal¢hed against the charity's current needs. Once appointed, new Trustees undergo an induction process to brief them of th¢ ¢i)nl¢nl of th¢ Memorandum and Articles of Association. th¢ coinmitlee and de¢ision- making processes, the current strategic plan, the financial performance of the Charity and uplating on current priorities and future plans. During the induction period, the new Triistee meets kev employees and also visits the Crypt's current projects and locations. All Tn]stees are encouraged to attend appropriate internal and external training events where these facilitate wider understanding of their role. Board Meetin The Board tnet 6 times during the year.
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 Trustee subcommittees Appropriate subcommittees have been established to work on key issues between board meetings, covering policy, strategy and tinance. Trustees, memsui'emcnt of success The Trustees Iiieasure the success of the charity by a selected number of KPIS. looking at financial sustainability, accommodation occupancy, positive outcomes tor clients, and staffing. Related Parties and cfro eration with other or anisations All Trustees are ind1.1dua1IY responsible for ensuring that their register of intetEsts reflects current comtniimcnt5 and rclatioiiships. Thcy are also reiiiindcd- along with tllciiibcrs of the Lcadership Team to disclose on the register of interests all related party connections includiiig Iiieiiibers of their family. Reiiiuneratioi) Pulic l-hc 'l-rustc¢s ind¢p¢iidently r¢vi¢w th¢ pay and remuneration of staff, particularly in light of the rising Cost of living. During the year Chaplaincy continued to provide pastoral support and c)pportunities for worship for staff and clients. During the year the Crypt Chaplain, th¢ Revd Andy Mu¥kle, ,8$ join¢d by Marlin Hird as volunteer Chaplain to Growing Rooms. Chaplaincy also takes on the mle of staff wellbeing and we work proa¢tiv¢ly with oiir staff lo ensi1 th¢ happiness and qe¢urity of (he whole Crypt family. During the year we were blessed to welcome ordinands and other ministry students on placement and Andy also offered mentoring support to minisiry interns from the Anglican Diocese of Leeds. Andy took on a significant body of 'ork for the Trustee Board, updating and amending the Charitable Objects and Memorandum and Articles ot Association ot the Charity. Further noteworthy highlights of the year were the rlinning ot. a bespoke discipleship course based on the film 'Risen' at Growing Rooms for clients and staff; and the creation of a Theological Reflection Partnership with the Community of the Resurrection at Mirfield: where the Leadership Team of the Crypt theologically retlected on the balance of reactivity and reflectivity.
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52
St George's Crypt
(A company limited by guarantee)
TRUSTEES, REPORT
Year ended 31 March 2025
STRATEGIC REPORT
The Trustees review strategy e.ery five years in order to ensure that it remains appropri
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 Regent Lodge, locat¢d in Hyd¢ Park; Lceds offcrs 14 individual flats in a supported housing projcct funded as a commissioned service by Leeds Citv Council. Providing accommodation and support in a safe and regulat¢d ¢iivironment lo residents with a history of heavy alcohol dependency. Don Robins House is a purpose-built accotllmodation block of 24 supported flats located in New Wortlcy, Leeds proi'iding move-on accotnmodation. The 5cheine coinprises of ?4 self- containcd flats (18 on¢ b¢d and 6 two bcd), includin¥ six units whiLh arc adaptcd for disabled us¢ and aitncd at tcnants who have dcmonstratcd that tlicy arc rcady to tnovc frotn cmergciicy accommodation to greater levels of stability and independence in their lives. Meal Provision Food donations hai'e remained a vital part of support for tlie Crypl in the past years and ¢ continued lo receiv¢ a very generouq siipply of tins and packetq of non-periqhabl¢ food items. Partnerqhips with a range of high slr¢el sup¢rinark¢ts has proved verv su¢c¢ssful. We ¢srimale 65,592kg {2024-19,836kg) of food haq been prevented froin going to landfill due to our partnerships. We have had a full year of meal donaled from dovecote park and we are receiving more fruit, veg and fresh produc¢ froin Delli Fresh. The charitable catering function served a total of meals 40,908 (2024- 38,664). That represents a daily average of 112 meals (2024 - 106}- This was provided via a Th'alk in lunchtime hot food provision (5 days a week) and meals for residents at ti¥0 of the contracted services. Health and Wellbein Activities are under regular rei'iew to ettsure that the opportunities remain relei'ant and tneet the iminediate needs of the clients. They tend to tocus on health and wellbeing, and programs that will engage the client and develop their self-confidence. Groiin Rooms The succc5sful Growin¥ Rootns project lcd by recovering addicts, continues to bc fully utilis¢d with constant waitiiig lists. We run both a malc and feiiiale progratnme iith participant5 provided wit]i a comprchcnsivc structurc w'hich includcs classroom based thcrapeutic group workshops. 1-2-1 scssions, and two days a week voluntary work often based in the Crypt. The Inain hub for our male programme is a putpusc-built s¢tting to hold th¢s¢ m¢¢tings. W¢ havc fiv¢ fuur bcd rcsid¢ntial hous¢s that we puKhased to SUPTX)rt the Growing Rooms iiien's prograinme. There are an addilionally three flats %¥hi¢h combined to allow for 24 cliei)ts. The Growing Rooms Ladi¢s proje¢t started in Jaiiuary 2023 and has grown to 8 clients. We a¢knowl¢dg¢ the diffene¢S in male and feiiiale residential rehabilitation. Over 900/0 of the women joining the programme haille children and have to make provision for them for the following 12 Inonthq. Women also tend to hold the responsibility for lh¢ r¢sid¢ncy and often give up their tenancy in order to go into rehab. The programme works the same way as the men's project but may focus on issues that are more relevant to temales. 101 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 Retiiil sho The Crypt continues to run four charity shops, located on Town Street, Arniley; Church Lane, Pudsey; Street Lane, Roundhay- and Queens Street, Morley all ivithin the Leeds district. In addition to bringing income for the crypt. each shop is designed to serve the local community, promote the ivork of the Crypt and give volunteering opportunities. Fundraisin The Crypt has a separate in-house fundraising departtllent with responsibility for developing and implementing fundraising strategy. The dcparttncnt has contributed 20 pcr cent of the oi'erall rcvcnuc for th¢ Crypt and ncw and innovative events have been added that collaborate with clients and donors to encourage supporter growth year on ycar. The Crypt adopts thc Cod¢ of Fulldraisillg PraLtice and is regulatcd by thc Fundraising Rcgulator. Thc maiii aspects of The Code as applied by the Crypt include the following:_ Ai)pr()dLlI li) fiindrdi%ino." The Trusle¢s ,71[ not us¢ a prof¢ssional fundraiser or coiiimercial participator to apprc)ach any prospective doiiors about supporting c)r giving money to St Gec)rge's Crypt. Work nf. any commercial artici ator8 or rofeqsional fundraisers: The Crypt does not work with any commercial participators or professional fundraisers. Fundraising complaints.. The Crypt has not received any complaints regarding its fundraising activities. Protection of the public, including vulnerable people, from unreasonable intrusion on a person's privacy, unreasonably persistent approaches or undue pressure to give.. The Crypt does not 'cold call, members of the public on any fundraising campaigns. Grace Lod formerl known as Faith Lod The Crypt retains the freehold to this property. and is now rented to Beacon housing to provide commissioned service for Leeds City Council. Purtnerslii )s The Crypt continues to look to strengthen cxi5ting partnerships and to build new opportunitlcs for joint workin¥. Significant cxamplcs of our partn¢rships includ¢ Lccds City Council, L¢¢ds B¢Lkctt University, NHS. Crypt Factor and the joint Big Slccp Out fundraising ci'cnt M'ith thc L¢cds Rhinos Foundation and St Gemma's Hospice.
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 Social media The Board has continued to recognise that s(Kial media is a significant method of communicating present needs and topics to the wider world. Marketing aCti]I]eS therefore include social media (email, Facebook, Linkedln and X (forrllerly Twitter)) leatlets and posters. If these activities are expanded in the future any additional marketing activities will be undertaken within the guidelines agreed and recommended by the Institute of Fundraising, the Fundraising Regulator and the Charity Commission. PRINCIPAL RISKS AND UNCERTA1Tr4TIES The central risk registers are subject to annual review and managers are required to monitor specific departmental risks. Tlie Board is satisfied that risk nianagement is appropriate and that financial systems and controls arc in place proportioiiatc to thc size of th¢ charity and to the typc of opcrations. Thc charity also prioritise5 health and safety. staff traiiiing and safeguarding. The charity lias introduced systems to ciisur¢ that it is cotllplyiii¥ ivith GDPR regulations. During the ycar, principal risks and unccrtaintics w¢re- c.ontinuing competition for charitable funding and pressures on public funding. Continuing pressures from client group presenting with a wide range of challenging behaviours and issues. Incrcasing nutnb¢r of clicnts in significant financial distrcss duc to being sanctioncd by thc local authority and, Increasing needs and nutnbers presenting pressures on the Crypt's infrastructure. The charity has considered the following as areas of risk.. Future of local government funding. Reduced doiiatic)ns. Potential chai)ges in legislation relating lo employment and equality- The impact of extemal tactors such as pandemics. PLANS FOR FifTuRE PERIODS The Trustees will continue to develop and itnplement the strategy for the Crypt, and einbed the departmental plans that feed the strategy. This will ii)clude the iinplemei)tation of robust KPI'S to support the executive to tnaintain iterative change. The TrustCe5 will continu¢ to work with the board of FuturcProof to support thc cxccutivc to inovc forward5 the strategic objective of buildiiig more homes for hotneless people. The Trustees will consider options to carry out further developiiients to progress the Crypt's key objcLtivcs. Th¢ Crypt will LOlltinu¢ to work with L¢cds City CounLiI and partn¢rs to addrcss th¢ urg¢nt needs of the homeless in Leeds. The Trusle¢s will ¢onlinue lo keep the Crypt's IT systems under review to eiisur¢ Ihat the ¢harily is up lo date with hardivare and software which ensures optimum perfom)an¢¢ and effi¢i¢n¢y. Furth¢r development of HR sysleins in partnership with Wirehouse are ongoing. 121 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 The Crypt's retail strategy remains a key part of our operations, and this strategy will continue to be under review to maximise revenue generation. Subsequent to the year end, the trustees have advertised for and appointed a replacement Head of Fiiiance, Keith Swallow, and have developed the financial assistant role into a Management Accountant position and have recruited this position. The charity is in the process of implementing a new finance systein Xero. The trustees were deeply saddened b)1 the death of Jane Cooper a much loved and 'alUed trustee. The charity's health and wellbeing agenda continues. w'ith our partnerships with Vision c.are for Homeless People. DentAid and Leeds Beckett University for ph)'siotherapy all being active. FINAIYCIAL REVIEW Ov¢rall. the charity has expcriellced a challcnging year in vicw of thc overall tnacrocconomic environment in which we operate. Ti)tal income for the year was £5,420k conipar¢d lo £4,816k in tli¢ previous year. The iii¢r¢ase of £604k was mainly due to additional commissioned services and associated housing benefit payments iii the year at £2,927k, compared with £9 603k in the previous year. Trading income alsi) p¢rfomi¢d well lIth total income of £682k versus the prior year's £584k. Total expenditure for the year was £5,565k compared with £4,668k in the previous year. Costs were ¢losely managed throughout the year but property related costs increased due ro the increasing number of sites, associated utility costs and insurance costs of these sites. Staff costs increases were incurred as the charity took on more projects, increasing the size of its workforce, and moved to pay the 'Living Foundation Minimum Wage, as a minimum. The charity also extended its reach ivith additional services that are planned to be loss making, but serve the charities aims. As a result, net deficit was £135k, a reduction of £322k from the surplus of £1 87k in the previous year. c.ash and cash equivalents decreased by £1,676k in the year predominantly due to the settlement of the Leeds City Council loan (£1.218k), purchase of freehold properties to expand our services. and increase in employee costs. The rinci al fundin soiirces are as follows: Charitable donations Supporting People grants Housing benefit Retail and trading income Legacies 131 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 Priein Polic -sho The pricing policy in the shops broadly categorises donated goods received into the following categories, Mwhich then detem)ines the sale price'.- Brand ne donated items lth original sales tags are priced at half its retail price. Good as new donations are priced in accordance with local shop conditioi)s. Older well used donations are priced at a fraction ot the original price. Antiques are researched to establish right price guide for sale either in shops or eBav. Siock that has not sold after two weeks will be reduced or moved to a sale rail or promotion area. Donations not sold within a month are placed in a bargain bin prior to recycling. Volunleers The charity appreciates the input and contribution of volunteers who tnake an enormous contribution toThards so many aspects ot the Charity's ongoing work. ReseiTr'e5 Polic The Board have resolved that they seek to hold betw'een a minimum of three and a maximum of six months, n]nning costs in free reserves at the end of any one month. Free reserves comprise assets that can readily be r¢alis¢d to fund rh¢ general activities of rhe Crypt less creditors associated with fixed assets less current liabilities. These reserves are held to bridge the gap ktsveen the spending and receiving of funds. At the end ot the financial year, free reserves totalled £379k with ai'erage monthly expenditure of £464k' giving Crypt reserves of 0.8 months. The Charity is activel}, working to increase reserves, for example b>, reducing ¢apilal expenditure and working on income generation inilialives. The Board is confident that the charity will continue to have sutTicient resources to fulfil its dav to day commitments and is aware ihal reserv¢s are soineliiiies required lo bridge ihe gap b¢iM'e¢n expendilure commitmcnts and r¢LClPt of inLom¢ or to cov¢r unplaiin¢d cm¢rgcnLy r¢pairs or capital pUas¢S. The Tn]stees beliei'¢ that the charity remains a going concern as it has a mixture of income streams including dc)iiations and local authoritv ¢ontracls for delivery of some housing support services. The Trustees have a finance update at each meeting w'hich includes the current period'5 managetnent accounts pack detailing the year-to-date surplusldeficit versus budgeL balance sheet, restricted funds in¢om¢ and exp¢nditur¢, ¢ash flow and varian¢¢s to last year's in¢om¢ and ¢xp¢ndllu. Investment olie lJnder the Memorandum and Articles of Association, the Board have the power to make such investments as the}, deem fit in accordance with charity policy. The polic}, is to adopt a risk averse strategy based upon maximising income at minimal risk. The Board review their policy as part of regular scrutiny of practices. Auditor The auditor, Azets Audit Services Limited, is deemed to be reappointed under section 487(2) ot the Cotnpanies Act 2006. 141 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 STATEMENT AS TO DISCLOSURE OF INFORLIIATION TO AUDITOR The trustees who were in oftice on the date of approval of these financial statements have contim)ed, as far as they are aware, that there is no relevant <iudit information of Th'hich the auditor is unaware. Each ot the Trustees have contirmed that the), have taken all the steps that they ought to have taken as Trustees in order to Inake theii)selves aware of any relevant audit inforii)ation and establish that it has been communicated to the auditor. 151 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) TRUSTEES, REPORT Year ended 31 March 2025 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also directors ot St George's Crypt tor the Plirposes of company law) are responsible for preparing the Triistees, Annual Report, Strategic Report and the financial st<ltements in accordance with applicable law and United Kingdoni Accounting Standards (United Kingdom Generally Accepted Accounting Practice). c.ompany law requires the trustees to prepare financial statements for each financial year which give a true and fair vieTh' of the state of atfairs ot the charitable company and of the income and expei)diture of the charitable cotllpany for that period. In preparing these financial statetllents. the trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP: make judgeiiients and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Company will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable acCUcV at any time the finaiicial posltion of the charitable company and enable tliein to ensure that the financial 5tatcmcnt5 comply '1th thc Coiiipanics Act 2006. Thcy arc also rcsponsiblc for 5afcguarding thc a5SCts of thc charitable company and hcnce for tsking reasonable steps tor t]ie preventioii and dct¢ction of fraud and other irr¢gularitics. In approving the Trustees, Report, th¢ Trust5 are also approving th¢ Strategic Report therein in their capacity as company directors. By order of the board SwJnEdby." 254Bo495A84D Jane Dutton Chair of Trust¢¢s Date.. 17 December 2025 161 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GEORGE'S CRYPT Opinion We have audited the financial statements of St George's Crypt (the 'charity') for the year ended 31 March ?0?5 which comprise the Statement of Financial Activities, the Balance Sheet. the Statement of C<ish Flows and notes to the financi<il statements, including a summaryw of signiticant accounting policies. The financial reporting framework that has been applied in their preparation is applicable laiv and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ot Ireland" (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its income and expenditure for the year then ended,. have been prc)perly prepared in accordance ivith United Kingdom Generally Accepted A¢¢ounting Pra¢ti¢¢; and have been prepared in accordance with the requiretnents of the Companies Act 2006. Basis for opillioD We conducted our audit in aLcordance with International Standards on Auditing (UK) (ISAS {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's r¢sponsibilities for the audit of the financial statements section of our report. We are independ¢llt of the Charity in accordan¢e with the erhical requirements rhat are relevaiit ro our audit of the financial statements in the UK, including the FRC'S Ethiial Standard and we have fulfilled our other ethical responsibilities in accordance with these requirem¢nls. We believe that (he audit ¢vid¢n¢¢ w¢ have obtained is sufficient and appropriate to provide a basis for our opinion. Conelllsions rel3iting to going coneern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast signiticant doubt on the group's ability to continue as a going concern for a period of at least twelve months trom when the financial statements are authorised tor issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 171 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GEORGE'S CRYPT Otber information The trustees are responsible for the other information. The other infom)ation comprises the information included in the Trustees, Report and Financial Staterllents. other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly stated in our report, we do not express any fom) of assurance conclusion thereon. In connection with our audit of the financial statetllents, our responsibility is to read the other infonnation and, in doing so, consider whether the other information is materiall)w inconsistent w'ith the financial statetnents or our know'ledge obtained in the audit or otherw'ise appEars to be materially misstated. It we identify such material ii)consistencies or apparent material misstatements, we are required to determine w'hether there is a tllaterial Inisstatetllent in the financial stateinents or a material tlllSStatcmcnt of the other information. If. based on thc work .¢ hav¢ pcrfomicd. we concludc that th¢rc is a matcrial misstatctnent of this Other infortnatioii, we are required to rcport that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on rhe work undertaken in the course of the audit.. the information given in the Trustees, Report which includes the Stralegic Report and the Directors, Report prepared for the putTK)ses of company law., for the fii)ancial 'ear for which thc financial statcnicnts are prcpared is consistent with the financial statciiicnts- and the Strategic Report and the Directors, Report included within the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In light of the knowledge and understanding of ihe charity and its environtnent obtained in the course of the audit, we have not identificd matcrial misstatcment5 in the Stratcgic Rcport or the Directors, Report included ivithin the Trustees, Report. We have nothing to report in respect of the following tnatters in relation to which the Cotnpanies Act 2006 rcquircs us to report to you if. in our opiiiion: adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or ccrtain disclosur¢s of trustccs, rctnuiicration sp¢cifi¢d by law arc not tnad¢: or we haiwe not received all the inforn]ation and explanations we require tor our audit. 181 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GEORGE'S CRYPT Responsibilities of Trustees As explained more fully in the trustees, responsibilities statement, the (rustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements <2nd for being satisfied that the), give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of tinancial statements that are free from material misstatemen¢ whether due to traud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and usiiig the going concem basis of accoui)ting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternatii'e but to do so. Auditor's responsibilities for the audit of the financial statements Our objcctivcs arc to obtain r¢asoiiabl¢ assurancc about wh¢thcr the financial statcin¢nts as a ivholc arc frcc from niatcrial misstatcment. whether due to fraud or error, and to issue an auditor's rcport that inLludcs our opinion. R¢a501iabl¢ as5uranLc is a high Ici'cl of assurancc, but is not a ¥uarant¢c that an audit conducted in accordance '1th ISAS (UK) will always detect a material inisstatem¢nt when it exists. Misstat¢m¢nts can aris¢ from fraud or error and are considered material if, individually or in the aggregale, Ihey could r¢asoiiably be expected to influence the e¢onomic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Coiincil's w¢bsit¢ at ii.i¥Nw.frc.i)r .uki<Trudili)r%re% i)n%ibililie8. This description forn)s part of our auditor"s re]N)rt. Extent to which the audit was considered ciipable of deteeting irregularities, ineluding fraud Irregularities, including fralid, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material misstatements in respect ot irregularities, including traud. We obtain and update our understanding of the entity, its activities, its control environment. and likely future developn)ents, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding. we identify. and assess tlie risks of material misstateinent of the financial statements, whether diie to traud or error, design and perforni audit procedures responsive to those risks, and obtain audit evidence that is sutTicient and appropriate 191 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ST GEORGE'S CRYPT to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were ¢ontrary to applicable la.$ and regulations, incliiding fraud. In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, Mwe designed procedures ivhich included= Enquiry of managciM¢nt and thos¢ Lhargcd with ¥ov¢rnanc¢ around actual and potcntial liligalion and Claims as ¢1[ as actual, suspe¢led and alleged fraud,. Reiwiewing tllinutes of tneetings of those charged with governance; Assessing the extent ot compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the society through enquiry and inspection.. Reviewing fiiiancial stat¢meiit disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations: Pcrfotiniii¥ audit ii'ork ovcr thc risk of managcm¢nt bias and ov¢rrid¢ of controls, includin¥ testing of journal entries and other adjustments for appropriateness, evaluating the business rationalc of signifilant tran5a¢tions outsid¢ thc iiomial Lourse of business and rcvi¢wing a¢¢ounling estiinates for indicators of poteiitial bias. and Perfotiiiing audit work over the timing and recognition of income and in particular whether it has bccn rccorded in thc cotTCCt accounting pcriod. Bccausc of thc inhcrcnt litnitations of an audiL therc is a risk that w¢ will Iiot dctcct all irregularitics, including those leading to a material misstatetllent in the financial 5tatetnents or non-compliance with r¢¥ulation. Tliis risk incrc¢S tlic morc tliat LomplianLC IN'ith a law or r¢¥ulatioii is r¢mov¢d fruiii the ¢veiits aiid transaolions reflected in ihe financial slalements. as we will be less likelv to become aware of instances of noii-vompliance. Tlie risk of iiot detectiiig a material misstatement resiilting from fraud is higher than for on¢ resulring from ¢rror, as fraud may involv¢ collusion. forg¢ry, intentional oiiiissioiis, misrepresentations, or the override of interiial control. Use of the audit report This report is made solely to the Charitable Company's members as a body in accordance with Chapter 3 of Part 16 of the Conipanies Act 2006. Our aiidit work has been undertaken so that we might state lo the Charit<ible Company s members those matters we are required to state to them in an auditor's report and for no other purpose. To the tullest extent pennitted by law, 'e do not accept or assume responsibility to anyone other than the company and the Charitable Company's members as a body for our aiidit work, for this report. or for the opinions we have fom)ed. SSi(A IAWYL 7523F1S$l4IJE.. Jessica Lawrence Senior Statutot), Auditor For and on behalf of Azets Audit Services Limited 19 December 2025 Date.. Chartered Accountants Statutory Auditor 12 King Steet Leeds LSI 2HL 201 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2025 Unr¢%tri¢t¢d runds Rt%triwt¢J runds .10191 futtd 2025 Not¢s !D24 INC'OM Donations and legacies Oth¢r Irading ArtIVities InestMentS 1.428.650 682.232 34,778 3.047.911 196.900 1.625.550 682.232 34.778 3.077.866 .429.144 584.513 42.955 !.760.234 Charitshlt 2Ctivitie% 29.955 TOTAL INCOME 226.855 5.420,426 4.816.846 EXPENDITURE ON Raising funds Charitable acti111e5 528,931 4_882.172 2.925 531.856 5.033.498 515.486 4.15i.075 I"UI AL EXPENDI I IJR 5.565.354 4.668.>61 Net ittwm¢ befo¢ rtwgnised gaittOllossesl 72.004 148.28> UnreiSed10SS oli Iiwesttnents 141k51 10.278 199 RLalisvd salu vl'lixud asbct Loss on discolltiiiued operations 10.278 NET INCOME 1207.6K)I 72,604 1135.0561 187.389 NET MOVEMENT IN FUNDS 1207.6K)I 72,604 1135.0561 187.389 IoLqI funds brought fon4'8rd 9,001,256 207.526 9.208.782 9.021.393 TOTAL FUNDS CARRIED FORWARD ¥.793.590 280.13V 9.073.726 9.2V8.7¥? The Statement of Financial Activities includes all gains and losses in the year. All income and expeiiditure derive froiii continuing activities. A fully detailed comparative statement of financial activitie5 for the year ended 31 March 2024 {as restated) is shown in note ?6 of the financial statements. The Statement of Financial Activities also complies with the requirements for an income and expenditurc account undcr the Cotnpanics Act 2006. 211 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) BALANCE SHEET As at 31 March 2025 Registered Companv No. 07780402 Notes Total fiinds 202) Total funds 2024 FIXED ASSETS Tartgihle &%£et Inve%tm¢nt 8.406.( 7J52 $.1)15.794 7.758 R.414.342 $.023.552 CIIRRENT A%SET8 l)ebt()r 55ll.486 508,%95 2.787.169 C&sh ai bank and in hand ]2.64 LRF.III'I ORS. Amounts falling dlle '1th1Th on¢ y¢ar 1534.6661 NET CIJRRENT ASSETS 850.078 2.761.398 TOTAL ASSETS LESS CIJRRENT LIABILITIES 9.264.420 10.784.950 CREDITORS Ainoullts falling dlle after more th7 one year IIW.6941 11.576.168) NET ASSETS 9.073.726 9.208.78? FUNDS RLslri¢tLxI fun(Is Ilnr¢stri¥i¢d furtds- d¢signat¢ 2¥0.130 5711.IK 8.223.596 207.526 591.UDO 8.410 ?56 TOTAL CHARITY FUNDS 9.07i.726 9208 782 The notes on pages 24-43 fomi part of these financial sral¢ments. 17 December 2025 The financial statements were approved by the board of trustees and authorised for issue on . and signed on their behalf'by.. $vJn¢Oby." lth Pi(Ly 2S449&184D IA45C1D8F826131. Jan¢ Dulton Trustee I Pickup Trustee 221 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) STATEMENT OF CASH FLOWS For the year ended 31 March 2025 Total funds 2025 Total fund5 2024 Casb iDtIow5 Irom OperAtig Activities 187.389 224.957 ?48.454 Profit (Jn dISs oftsngihle fixed assets 1055 Ort disposal ofini'¢siment InwrLsI an(1 dividLnds ILLLIVLd 139.2051 34.778 4( 42.955 99 Lv55 Ini'LStTncnt IlncreaseVDecrease In deblo15 157.932 85.340 Net Q85h inflow operAtig actiiities ?24.123 659.469 c.asb llows llstd ID IDvesiing attiviiies Intrrest 2nd dividends reeeived 142.9551 139.002 47?.59S Prucwds sal¢ vf lixvd aS5Ls 229.09U 858.462 Pa[n¢nI5 tv acquirc Idngiblv fiAcd a5bCts' Nei t#$h now$ u$ed 11¢$timg #¢¢ivilie8 16fy1.1.50 376.551 C.a%b flows from financig aetiiryties Mortgage Repasments Loan r¢pa[n¢¢s 154.$671 Net t9%h now% fr(Trm #ttlvltle$ l ).li.490 IDECREASEIIINCRE,tSE IN CIISH & CIISH EQIIII',LEliTS CASH AND C,tSH EQUIVALENTS BROIIGHT FORII'IIRD 2.787.169 2.575.172 CASH AND C.4SH EQIIIN'ALENTS CARRIED FORW'.4RD 2787 169 ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 Cash flow 2025 Casli at bank and in hand Debt due in l year Debt due in greater than l year 2,787,169 (139,576) 576 168 1,071425 (1,675.517} {149,983} 1.385,474 440 026 1,111,652 (289.559) 190694 6il 399 231 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 BASIS OF ACCOUNTING The financial statctllcnts hav¢ bccn pr¢parcd in accordanc¢ with Statcincnt of Rccommcndcd Practicc 'Accc)unling and Reporting by Charities" and applieable Accounting Strdndards in the UK and Republic of Ircland (F RS 102) (¢ffcctiv¢ l Jaiiuary 2019}- (Cliaritics SORP (F RS I O• -)), th¢ FinaiiLial Ilcporting Standard applicable in the UK and Republi¢ of Ireland {FRS 102) and the Companies Act 2006. St George's Crypt m¢els the definition of a public benefit entit}, under FRS 102. Assets and liabilities ar¢ initially re¢ognised at histori¢al ¢ost or transaction value unless otherwise stated in the releiwant ac¢ouiiling policy note. The financial stal¢ments have been pr¢par¢d in wuiid sterling as ihis is th¢ currency of the primary economic environmeni in which the charitable company operates. Monetary amounts in these financial statements are rounded to the nearest £1. Consolidated financial statements have not been prepared since the two subsidiaries are immaterial. GOING COliCERN The financial stateiiients have been prepared under the going concern basis. The trustees have carried out a review of the charity's cash flows and resources and are confident that the charity is able to tneet its liabilities as they fall due for a period of at least one year from the date of approval of the financial statements. INCOME All ii)cotne is included in the Staten)ent of Finaiicial Activities when the charity is legally entitled to thc incoine and thc atnount can be quantificd with rca5011ablc accuracy. In accordance with this PK)lic}'. iiicotlle arising froin the provision of hostel accommodation and supporting people is accounted for on an accruals basis. Donalions, legacies and similar resources are a¢counled for on an accruals basis when the ¢harity is l¢gally entitled io the ii)com¢ and the amount can be quantified witli reasonable accuracy. Food doiiatioi)s cannot be acvuratelv measured; therefore, they are not included in income. Other gifts in kind are iniluded in (h¢ Siat¢m¢nt of Financial Aclivilies al ¢stimal¢d market valu¢. Grants from gov¢min¢nt and other ag¢n¢i¢s are accounted for in th¢ year in whi¢h Ihe Charity is legally entitled to the income and the amount can Ee quantified with reasonable accuracy. Investment income and associated income tax refi]nds are accounted for on an accruals basis. Income from shop sales is included in the period in which the sale takes place. Items donated for resale are not included in the tinancial statements until they are sold. EXPENDITURE Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure includes attributable VAT which cannot be recovered. Grants offered subject to conditions which have not 241 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 been met at the year-end date are noted as a commitment but not accrued as expenditure. ALLoc.ATIO AND APPoRT1()'mrI.NT OF COSTS Costs of aLtivitics in furtlicranL¢ of the Lharity's objcctives rcprcscnts all cxpenscs. including depreciation, incurred in respect of the operation and maintenance of the hostels. This iiicludes management and adminiqiration ¢osts attributabl¢ to th¢ iiianagement of the chariiy's assets, organisalioiial adininislration and compliance M'iih consritulional and slalu¢Ory reqiiirements. Costs of generating funds represent the sLqff ¢osts, publi¢ity and fundraising ¢osts attributable lo promoting the charity s activity. Governance costs are those incurred in connection with organisational administration and compliance Mjith constitutional and statlltory reqliirements. The allocation of support costs is analysed in note 6 and all costs directly related and incurred in the delivery ot care including premises costs are included. Costs not directly related have been allocated based on management discretion. TANGIBLE FIXED ASSETS Expenditure on fixed assets is capitalised in the balance sheet at cost. Gifted assets are capitalised at their market value. The De Minimis capitalisation level is £500 or if the asset has an expected useful life of more than a year. Thc dcpreciation policy was last review'cd in 2018 and changcd so that it reflects more accurately the U5cful lifc of the asscts by using thc straight-linc tllethod for all asscts. Dcpreciation is provided using the following annual rat¢s'. Freehold properties (excluding land) l.¢as¢hold improvements Plant aiid matyhinery Fixtures, fittings and equipment Land 20/0 Straight liiie Over the length of th¢ lease 250/0 - 33.30/¢ srraighi line 20 / ?5 /D Straight line No depreciation ¢harge is made IMPAIRMENTS Fixed assets are r¢vi¢w¢d for impairment if events or ¢hang¢s in ¢ir¢umstan¢¢s indi¢at¢ that the carying amount may not be recoverable. RECOGNITIO OF LIABILITIES Liabilities are recognised where there is a legal or constn]ctive obligation committing the charity to the expenditure. 251 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 TAXATION St George's Crypt is a r¢gistrr¢d charity and as such is a charity within thc llicaning of sch¢dul¢ 6 of th¢ Firtanee Act 201 O. Accordingly, the Charity is potentiallv entitled to tax exemption under part I l of the Corporation Tax ALt •0 I O or S¢Ltion 256 of th¢ Taxatioii of Char¥cabl¢ Gains Act 1992 in r¢sp¢Lt of income and gains arising. FUND ACCOUNTINC. Unrestricted funds can b¢ used in a¢¢ordan¢¢ with th¢ ¢hariLqble obje¢tiv¢s at the dis¢r¢tion of the trustees. Designated funds ar¢ unr¢stricied funds which ar¢ set aside by the trusie¢s for specific purposes. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. LEASING Rentals payable under operating leases are charged against income on a straight-line basis over lease tem]. INVEST.%IEf+lTS All listed investtnents are accounted for at their market value at the balance sheet date. All unli5t¢d invcsttncnts arc accountcd for at cost. REALISED ALYD ULYREALISED GAIIYS AND LOSSES All r¢alised and unrealised gains and losses on investment assets recognised in the accounts. Perjnanent diminutions in the value of fixed assets arc charged to the Statement of Financial ALtivities. PENSION COMNIITMENTS In Aligust 2014 the charit)w commenced pension payments under a defined contribution scheme, as part of auto-enrolment. The contributions pay<ible during the ye<ir are charged in the Statement of Financial Activities as they fall due. EMPLOYEE BENEFITS Contributi0115 to WPA are recognised as an expense in the period in which they are incurred. FINANCL4L INSTRUMENTS The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments, and Section 12 '0ther Fiiiancial Instruments Issues, of FRS 102 to all of its fiiiancial instrumcnts. Basic financial instrumcnts arc initially rccognised at transaction value and sub5CqUClltly mcasurcd at thcir settlcmcnt value. CASH AT BANK .4Tr4D IN HAND Cash at bank and cash in hand includes cash and short terni highly liquid investments with a short tnaturity held for working capital. 261 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 DEBTORS Tradc and other dcbtors arc recogniscd at the scttlcmcnt amount duc aftcr any trade discount offered. Prcpayments are 'alUed at the amount prepaid. Financial assets, Othcr than those hcld at fair value through profit and loss, are assessed for indicators of impairtll¢nt at ¢aLh r¢porting ciid dat¢. Financial assets are impaired where there is objective evidence that, as a result of oli¢ or more eveiits Ihal occurred after tlie inilial recogiiilion of rhe fiiiancial assel, Ihe ¢slimal¢d fiilure cash flows have been affected. The iii)pairnienl loss is recognised in the income and expenditure account. CRF.DITORS AND PROVISIONS Creditors, loans and provisions are recogiiised where the Charity has & present obligation resulting from a past cvcnt that .111 probably r¢sult in th¢ transfcr of funds tu a third party and th¢ atllount du¢ to scttlc the obligation Can be measured or estimated reliably. Creditors, loans and provisions are nomially re¢ogni.qed at their s¢ttlem¢nt amount after allow'ing for any trad¢ di8¢ounts due. Financial liabilities are only dere¢ognised when, and only wh¢n, the Ch&rily's obligations are discharged, cantyelled or they expire. Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, raking into account the risks and uncertainties surrounding the obligation. CRITICAL ACCOUNTING JUDGEMENTS ALYD KEY SOURCES OF ESTIMATION IINCERTAIPITY In the application of the Charity's accoiinting policies, the Trustees are required to Inake judgements, estimates ai)d assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ frotll these estimates. The estimates and undcrlyiiig assutnptions arc revicwcd on an ongoing basis. Rcvisions to accounting estimates are recognised in the period in which the estimate is revised, if t]ie reiwision affects only that pcriod. or in th¢ p¢riud of th¢ r¢vision aiid futur¢ pcriods if the rci'ision affccts both current and futu periods. The esiiinates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below: CRITICAL ESTIMATES l)epreciation of tangible asyets D¢pr¢ciation policics havc b¢cn set accordin¥ to mana¥cm¢nt'5 expcricnce of the useful livcs of thc assets in each category, something M,hich is reviewed ]nuallY. 271 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Legacies l.egacies are recognised as income hen probate has been granted, the charity has established its ciititl¢in¢nt to th¢ funds, sufficicnt information is availabl¢ to allow it to mcasurc its cntitl¢tn¢nt and where a notice of payment has been received. DONATIONS AND LEGACIES [TreStricted Re5trifted Total Lnrestrioted Restricted Total 2025 2025 2025 2024 2024 2024 tiifi Aid 34.351 l.V49.4¥3 407.873 39.1()6 Legacies Grants 407,873 5.645 .428.650 77,885 87.)48 1,303,69-, 77,885 173.893 1.429,144 IL?.549 196.900 86.34) 1,6?f.550 Trustee donations in¢luding gift aid totalled £1.488 (2024 - £3,750) during the year. Donations above iiicludes £180.620 {?0?4 - £191,593) of donated goods and services which has been recognised in both incotne and expenditure. OTHER TILIDING ACTIVITIES 2024 Shop and Nurture income 682,232 682,232 584,513 584,513 INVESTMENTS 2024 Deposit account interest Diiwidends 34.758 20 34,778 42.955 42,955 281 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 CHARfTABLE ACTIVITIES Ilnrtstrieitd Rt%triettd Trjtal Rtstricttd Total 21124 2th24 21124 AGGointllodalioii 150.9i4 150,934 l.f6.9)2 156.902 Hou51ng benelil and Supportins people incotlle 2,896.977 3.047.911 29.955 29.955 2.926,932 3,077.866 2,483.361 2,640.263 2,60i.332 2.760.234 L41SING FUNDS 2025 2024 Direct costs Stsff costs Other staft costs Publicity and fundraising 379.007 1.675 126.403 507,085 368,920 3,282 129,942 502,144 Support costs Adminislralion ¢harge 24,771 531,856 515,486 291 Page
t*cuSign ID 02]ED6EW75&4C3A-A62144838BFP&E52 St Georg¢'s Crypt {A company limited by guarantee) N()TES T() TITE FINANCIAL STATEMENTS For the year elided 31 Mawh 2025 DIKLCI. COSI'S ForthEyc&rcdEdJl Crypl Ltnlrc Cifcs 5knp5 T20 DELIN'ERI (JF c_litEC.lTS sknl FUd(l5 CMsUmr5 2( 15. CarcCo3ts Lc15ufcLdrLyu0n Trai'eleXn1e5 30.W3 412VI (hher1ITtLl 301 Page
tcuSign ID 02]ED6EW75&4C3A-A62144838BFP&E52 St Georg¢'s Crypt {A company limited by guarantee) N()TES T() TITE FINANCIAL STATEMENTS For the year elided 31 Mawh 2025 ihlr FyClrcdEd3l M4nh2ts25 Crypt Itnlrc sh 0rIllnL¢st 15G Rtrwc1£G1IonQ1Cln PrDpEM} IMI1¢1Lt 2l164 Sub IfjiM1Dl4ryI1t&rters SLPPORTCOS]5 T¢lcFkncJmobila.InlE4ncI 12K6 I$1(1dLS l¢es BwiLchJrges LM In1cr1 bubTfjl&15uppDrtL45ts 311 Page
tcuSign ID 02]ED6EW75&4C3A-A62144838BFP&E52 St Georg¢'s Crypt {A company limited by guarantee) N()TES T() TITE FINANCIAL STATEMENTS For the year elided 31 Mawh 2025 ForthETc&rCdrd31 MATrh2ts24 Crypt HD51ds& 0wcnNiCct Zlll4 bF.I.Il'F.kYW (4kF.((bTS Rai5kn1 FUdC•s MolvTi¢knrl 44 5.49 SpD(4ou5PI¢S 22&J,3ug 51AJ 321 Page
tcuSign ID 02]ED6EW75&4C3A-A62144838BFP&E52 St Georg¢'s Crypt {A company limited by guarantee) N()TES T() TITE FINANCIAL STATEMENTS For the year elided 31 Mawh 2025 F.1hEyearendPd3I M&rth2ts24 Crypt Owend¥htCetrt T4ure(res Zltr Qpcrolin¥Lw< CoLI uILlI1L-Ejc1th G& PrDprM% irpiLMJi1LKC Svb fo1lDo1CtCAI5rs $i.I'i'oKrcos t4)ryiil¥rs Prof510n&LdLeg f k3iL IA 3th.S2 SubT&ithlknpptyrt (th$l$ 33 I Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 GOVERNANCE COSTS 2025 2024 Auditor's remuneration for.. Audit setvices Non audit services 22,000 18,864 40.864 15,000 14,530 29,530 ET INCOME FOR THE YEAR 2025 2024 This is slated after Charging.. Dcprcciation Auditor's remuncration Operating lease rentals- property 248,454 22,000 215,371 224,957 15.000 210,046 TRUSTEES, REMULYEIL4TIOP4 ALYD BENEFITS There was no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. 10. EMPLOYEES 2025 2024 Thc averagc monthly number of persons ctnploycd by the charity during thc ycar was.. Managers Social care staff Administrative staff 13 80 14 107 12 72 14 98 2025 2024 Staff Costs for th¢ abov¢ persons.. Wagcs and salarics Social Security costs Pensions costs Benefit in Kind 2,780,163 ?73,429 58,362 19,915 3,132,069 2,523,696 235,248 54,636 12,498 2,826,078 There 'ere three employees whose emoluinents exceeded £60,000 (?0?4 - two), one in the band £60,000 £70,000 (?024 - on¢} and t.0 in th¢ band £80,000 £90,000 (2024 - on¢). The Leadership T¢am (which ¢ompris¢s thos¢ individuals listed 'IthIn the Leadership Team dis¢los¢d on page 2) r¢mun¢ration, including gross pay, emplc)yer's p¢nsii)n ¢ontributions, ¢mploy¢r's narional insuran¢e ¢ontribiitii)ns and benefits in kind, during the year totalled £735,411 (20?4 - £629,398}. To ensure better communication between departments and improved su¢cession planning within the Charity, the management stru¢ture in¢orpor&t¢s 9 Heads of Departm¢nl and 2 Ex¢cutiv¢s. 341 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 11. TAXATION As a charity, St George's Crypt is exetnpt froin tax on incotlle falling within Part I l of the Corporation Tax Act ?010 and on gains f<illin within s256 of the Taxation of Char8eable Gains Act 199? to the extent that thcsc arc applicd io its charitatlc objcctii'cs. No tax char¥cs havc ariscii in thc charity. 12. TANGIBLE FIXED ASSETS Fixtures, Fil¢ing5 and Equippnep71 Leasehold Improv¥men15 Freehold Properties Plan¢ and Machinery Tofals Cost At 31 March ?024 Addilioiis Disposals At 31 March 2025 1,455.873 34,621 7,669,250 610,248 191,291 8,088,?07 277,360 65,815 10,703 332,47? 569,194 9,971.677 147,778 858.462 18.805 ?20,799 698,167 10,609,340 1,490,494 Depreciation At 31 March 2024 Charge for the year Eliminated in respect of disposals At 31 March 2025 477,308 37,180 761,126 142,994 250,233 11,982 467,216 56,298 1,955,883 ?48,454 720 261,495 1,267 522,247 1,987 2.202,350 514,488 904,120 Net book value At 31 March 2025 976.006 7,184,087 70,977 175,920 8,406,990 At 31 March 2024 978,565 6.908,124 27,127 101,978 8.015,794 The Trustees believe that the open mark¢t values of the ¢ompl¢ted prop¢rti¢s in total is not less than the lolal book valu¢ for fr¢ehold properties. Within Frcchold Propcrtics, land i'alu¢s totalling £346k ar¢ includcd and not d¢prcciatcd. This is derivcd froni £80k rclating to Gracc Lod¥c. £66k rclatcd to Doii Robins. HOUK, £50k rclating to Rcgcnt Lodgc ]d £150k relating to Martha's House. 351 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 13. FIXED ASSET INVESTMENTS Listed investments Note Total At 31 March 2024 Disposals Unrealised loss on investment 7,758 7.758 15 (406) (406) At 31 March 2025 7,352 7,352 Historical cosi of invesim¢nts 4,228 4,228 Listed investments can be categorised as UK equities. 14. SUBSIDIARIES The charity has a wholly owned dormant subsidiary at 31 March 2025, Future Proof Full Stop Ltd. The registered office of the company is St. Gec)rges Crypt, Great George StreeL Leeds, United Kingdom, LS I 3BR. IS. DISCONTINUED OPERATIONS The following were subsidiary undertakings of the company in the CoMpat]ve year: Name St George's Crypt (Trading) C.l.C St George's Crypt (Development) C.l.c Class of shares Ordinary Ordinary Holding I OOO/o Dissolution date 31 O¢tob¢r ?023 29 August 2023 Both entities were dom)ant in the comparative year up to the dissolution dates, after which they were subsequently disposed. 16. DEBTORS 2025 2024 Trade debtors Other debtors Prepayments and a¢¢ru¢d in¢ome 298,633 7,697 244,15C) 550,486 308,059 34,507 166,3?9 508,895 361 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 17. CREDITORS: Amounts falling due within one year 2025 2024 Bank mortgages Loans Trade creditors Taxation and sucial security costs Other creditors Accruals Deferred income 19.264 270,?95 168,853 56,074 74,799 212,790 9,985 812,060 17.090 122,486 29,014 66,253 66,981 232.84? 534,666 The mortgages and loans are secured by a bank debenture on the charitable company's assets and by first legal charges over the freehold properties known as.. 76 Conference Road, Arniley, Leeds (a) 7 Barden Grovc. Arml¢y. Lccds (b) Th¢ mortgag¢ for (a) abov¢ is repaid in Imonthly IDStalments of £1,154 and for (b) in monthly instalments of £1,680, and interest is ¢harged at 30/0 abo¢ base rate on both mortgages. Public Works Loan Board loans wcrc rcc¢iv¢d frotll Lccds Citv Council towards thc n¢w builds of R¢g¢nt Lodge and Don Robins house, M'ith first legal charges over each of these properties and Faith Lodge {?5&27 Wellclose Place, Woodhouse, Leeds). Interest is charged at 3.75 % over a 30-year period. 18. DEFERRED INCOME 2025 2024 At l April ?0?4 Amount released to income Amount deferred in the year At 31 March 2025 41,062 {41,062) 9,985 9,985 19. CREDITORS: Amounts falling after one year 2025 2024 Bank mortgages Loans 190,694 ?10,142 1,366,026 1,576,168 190,694 Bank mortgage Due between ? 5 years Due aft¢r tnore than 5 years 120,451 70,243 190.694 371 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS For the year ended 31 March 2025 DLsi¥nal¥d Ilnr¢sifiud Furtds (trnLral Unristriilid Furtds R¢Striud Fund5 Tothl Fund5 -12ngibl¢ fix¢d awls In5¢[nnIS Current asse15 .406.990 7.352 812,008 1812.0601 1190.6941 &.4()6.990 7.352 570.000 280.130 1812.O&Jl 1190.6941 NEI a55Cts at 31 March 2025 570.000 8.223.f96 280.1-, 9.073.726 For the year ended 31 March 2024 Designated General Unrestricted Fund5 Restricted Fund5 ToLIl Fiinds Tangible fixLd a5S¢15 Inve51inenls Current assets 8.015.794 7.758 2.497.-f38 1534.6661 8.Oli.794 7.758 3.296.064 1534.6661 591.UOO 207.-f26 Net Sets at 31 March ?024 591.000 8,410,?56 207.-f26 9.208,782 381 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 21. MOVEMENT IN FUNDS For the vear eded 31 Maroh 2025 Incoine & Trwisfers Al 31 March 2025 2024 Expenditure & Losses UNRE%"I RIC I"ED FUND% Desigiiated fvnds General fund 591.( 8.410256 9.0012i6 570.IKJO 5.203.849 5.203.849 21.C 8.22i.596 8.793.i96 RESTRICTED FIJNDS Chaplainc Cirowittg Rooms 50.481 3.1)55 95.015 136,8341 108.662 3.05) Buildins PD)i¢cls Health & Il'¢llbeing Armley F(bank. Louns¢lling S¢rYi¢es 800 26.097 1.500 4CiI 41.425 35.IA)2 13701 14091 12.2501 18,400) 26.641 24.391 6.971 Crypt Printing Project Mental Health Ilorker 3.232 32.139 19.1( 29.965 48.650 154.6641 19,7671 17.9llR) 7.440 57.W. 18.453 280.130 Nunuri Care ?07_526 226.855 TOTAL CIIARITY FIINDS 9.208.782 5.430_704 1£ 565.760) 9.07i.726 391 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 For the vear eded 31 Maroh 2024 Al l April 2023 Incoine & Gains Expenditure & LossCS Transfer5 Al 31 Marcli 2024 UNRESTRIC-.TED FUND5 l)¢siBna*d funds rieneral fund 581.IXN) 10.(M)U 110.(x)01 591.UOV 8,41().256 9.001.256 4.61ll.62 4.610.629 8.752.405 RP.S'I"RICI"P.I) FUNtI8 Ch2pIAiney rjrowing R(Joms Fllmitiire project Ne Biiilding Projects Heallli & IN,ellkig ArmlLy Fbank. Cvuns¢11in¥ S¢Th'iirs 56.()29 162.6531 5Q.481 3.055 3.055 1.936 12.3361 28.328 23.0 26.097 1,500 409 6.975 i.000 18.4751 2.179 26.fO1 26.641 Crypt Piinting Project Mental Ilealth Work-er 5.147 26.698 38.616 3.232 32.139 47.874 14?.4331 120.5901 Niirture 1.083 Care 42.438 268.988 9.021 J93 24.S.422 (306.8841 14,668.66? 207.-$26 TOTIIL CH.QRITY FIINDS 4,8f6.051 9,208,782 Transfers In 2023, the charity moved its Fixed Assets from Designated Fund into General Funds. This is because the Funds have alreadv been spent on assets that are utilised operationally to deliver the services M'e offer. The remaining Designated Funds are therefore moiiies ring-fenced by the Trustees and senior leaders to improve the services offered to service usets in the future. Desi nated funds The designated fixed fund in the prior year represented the net book value of the charity's fixed assets, less any borrowings thereon and other associated deductions such as creditor retentions sat in trade creditors. For th¢ remaining desigiiated funds, the chariry is Committed to ¢nsuring suitable a¢commodation is provided to those ,hO are without a residence. As such, the charity is iii the process of registering a subsidiary as a Registered Pri)vider of social housiiig with a to building more a¢¢ommodation in th¢ future. Designation of £200,000 has been undertaken to facilitate this and towards build planning costs in the future. As the charity increases its outreach, a further ? n¢w pr()ject8 hav¢ being started and £1 00,000 has being designated to enquring the projects are sii¢c¢ssful. The remaining designations of £270,000 relate to a mixture of property repairs and upgrades and the purchase of new assets. 401 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Restricted funds Chaplaincy represents grant from Sir Halley Stewart for research into homelessness and Christianity. CJroiTrin2 Roonis represents grants awarded to pay for registration to relevant training courses and to reimburse travel ¢xp¢ns¢s for Growing Rooms Proj¢ci ¢li¢nls who volunt¢¢r at the ¢harily. Furniture Project relates to plan to upcycle old furniture by Growing Rooms Project clients for resale. Nejv Building Projeets represent grants towards the charity's new housing developments helping homelessness and disadvantaged people. Health & Wellbeing represents grants towards dental provision and toivards client travel expenses. Armley Foodbank represents grants operating and stocking a foodbank from the Arniley Shop premises. Coullselling Services represents grants to support Growing Rooms Project Clients. Occupational Therapist represents a grant frotll NHS Clinical CotlltlliS5ioning to provide an in-hours occupational thcrapist. c.rvpt represents grants receii'ed to provide services to both clients staying within its properties and towards provisioii of a lunch tilllc service for non-rc5idcnts. Printing Projeet represents a Growing Rooins Proj¢¢t for clients to design and create s¢r¢en print items for sale. Mental Health Worker represents a grant lo ¢inploy an on-site mental health worker lo support th¢ n¢¢ds of clients engaging with our services. Nurture represents a significant award towards redevelopment of kitchen facilities to allow training for individuals to gain key life skills throiigh ¢ooking. This is ¢ombin¢d with other smaller awards to assist in proiwiding a fr¢¢ lunchtime meal service. Care represents successfully awarded grants received to allow the charity to update the air ventilation system within the Crypt emergency accommodation setting. 22. PENSION COSTS In August 2014 the Charity commenced pension payments under a d¢fin¢d ¢ontribution sch¢m¢, as part of auro- enrolment. The pension cost charge represents contributions payable by the Charity and amounted to £58,362 (?024 £54,636). Pension contributions outstanding at the year-end amounted to £30,178 (?024- £23,744). 411 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 23. OPERATING LEASE COMMITMENTS At 31 March 2025 the Charity had total coinmitments under non-cancellable operating leases as follows: 2025 2024 Payments due.. Within i)ne year B¢tween two to five ycars 94,900 116,422 211,322 119,902 86,431 206,333 24. CAPITAL COMMITMETr4TS There were no capital committnents at the year-end {2024 - none)- 25. RELATED PARTY TRANSACTIONS The Care Centre is op¢rat¢d from the area b¢n¢ath Si George's Church, which is owned by th¢ Chur¢h and l¢ased lo rh¢ charity free i)f ¢harge. Revd Lizzy Wi)olf was licensed as Re¢tor of St G¢orge's Church on 2 S¢p¢¢mb¢r 2017 and is an ex 01¢10 Trusle¢. A donarion in kind has been r¢¢ognised within income of £65,000 (9024 £65,000), being the esliinated market value of this rental. The charity made the following grnnt paytnents during the year to: _ Liglithouse West Yorkshire is a related party due to Nick Bishop (common trustee) and Revd Lizzy Woolf being an ex otTicio Trustee of St George's Crypt and a Trustee of Lighthouse. During the year a grant payinent totalling £?0.000 (20?4- £20,000) was made to Lighthouse West Yorkshire. 421 Page
DoGUSign Envelope ID." 023ED6EF.D7554C3AA62144B38BF89E52 St George's Crypt (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 26. COMPA114TIVE ST ATEMENT OF FINANCIAL ACTIVITIES Notes Ilnr¢%tri¢t¢d furtds R¢stri¢t¢d funds Totsl fund$ 2(124 INCOME tXTrnaliuns and Ic¥aiiEs .303.693 1.429.144 5114.513 42.955 2.760.234 Invesimtnts 42.955 2.640.?63 TOTAL INCOME 4.571.424 245.422 4.816.846 EXPENDITURE ON 51i.486 3_846,191 515.486 306,884 TO'I-AI. FXPFNI)I'I-LIRF. 4.161.677 i06.884 4.668..561 Net in¢om¢ b¢for¢ r¢coglS¢d gain(]•5$¢$I 2(W.747 148.285 Realised gain on sale of fixed as5el l.oss m dis¢ontinu¢d op¢r4tions 39,20.5 NET TNCOME 248.851 187.389 fund 20 NET MOVEMENT IN FUNDS 24S,851 161,462) 187,389 Totsi funds brought fornsard las r¢stat¢dl 8.752.405 268.988 9.021..193 TOTAL FLTrIDS CARRIED FORWARD 20 9.001 ?56 207.526 9208.78? 431 Page