Chwty Rumb•r. 1148272 Parish of St Matthew with St James the Great, Bethnal Green (A Parochlal Church Councll roglsterBd as a Chlty, numbw. 1148272) Financial Statements and Trustees. Report for the year ended 31 December 2024
Parish of St Matthew with St James the Great, Bethnal Green (A Paro¢hlal Chwch Coun¢ll rnolaiorod as 4 drtty. •Mtsnbor. 11482721 Index to the Financlal Statements for the year ended 31 D•camber 2024 Pag9 Inthx lo th• Flnandal Stai• ChaTIty Infonnpllon Tnt••s' R•port ststarn•nt of Trut•u' R•8pmslbRItIg5 IndopDnd•nl Examln•¢$ A•port Stslorn•nt of FlnanElal ActfvllS S¢atgm•nl of Flnan¢lal Posluon 10 Statern•nt of C•sh Flows 11 Accountlwj Pollcl•s 12-13 Notes to th• Accounls 14-19
Parish of St Matthew with St Jame5 the Great, Bethnal Green IA Parothlal co15 r•qlst•r•d a Glwlty. nwnb•r. 1148272} Charity Information for the aT ended 31 December 2024 Thg Chh (PCCI is a corporats l>th eslabI5hed by Ihe Clwrch ol EnglaThJ. It is ¢tiO aThJ S&m0d bythè Pamthkal Chwch Counols (Powers) Maasurg 1956 la¥ ameTrJ•Jl the crth Rep[851 Rules120111. The r[be15 01 th? PCC ar• s Intl•S urwhr th¥4y I and r•kned to as sud) Uywghoul INS r•porL Cr¥ n•m•: Charlty r•gl•trntlon numb•r. 1148272 R•glst•r•d oftk•: London E2 60T lJpeTrtlons a¢Irn. Hereford Stf861 London E2 6EX Chalr. The Revd EM M Clk 4a Pr¥ibrwJ Ho8 Yard London E2 7PR HSBC plc Th• CBF Qx¥ch ol Fw 1 ArO Lano Lc#)Jon EC4R 3AB
Parish of St Matthew with St James the Great. Bethnal Green (A Paro¢Nal Chu¥¢h CounGII rB%4st•r•d as a chaFIty. numbor. 1148272) Trustees. Report, incorporating the PCC Report lor the yèar ended 31 D•¢wnbgr 2024 Thè Trust8•5 of Psh ofst Matth8wh Sl Jam•s th• Grnal B•lhnal Gra I1 rep1 tL*Jether Ihe finBncAal statements for tho year $ThJBd 31 D8cgmbor2024. tl¥• knf0rn7allon: St MHttheW¥ 1$ Ihe molher thurth d 8•ll¥wl Grn•rn It Is h) St Mallhs RCMT. It ser a parth rcAryNy Ied by tho to the south and east, Cld Bothnal Grnen Road to thè north al the ¥rnst ar(d the Blshopsgate GoDds Yard. T?nalty, thè bonakn Ihg Parish ofSI P4tsthaw wth S( James the Grt Bolhnal GrewL 13.c0 POLWg INO pail cLYfB5pOnd8n should be $9rt : st Matth•w'$ R•¢tory. H•r•lord StYwL Londofft E2 6EX Th& Parocknlal Church C(w4 (PCCI is a regisled dwrity. 114B271 urch cne11 Ob St MattrWs PCC Is CrstilUbd lo and coopw3te Ythh th8 parish Priesl cd St Vattlws ith St James th• Gr•at. Bèthnal Green, In promotkng th• whola mission ol tha clvEh. pa51od. evangel. s(Kial and 9mal. It fosp)n$ibikntig$ lor a number olprop•rti•s'. th• chweh. a pa H&1. th& R(Thn. arnl the Wh N>Jse. Members ol Ihe PCC ar• •ither ex-offiriocf elecled by Ihe Pamclmal Clwrrh MeetY¥ IAPCM) in accordance the agaln In accorda)co knith th8 Rule5. Durfng th• th• lollowlno wTho11 • ThmlJ•rn olth• PCC. Frorn 21 Aprll 2024 IIAr Rosèmary Morton Ilntethi Prfe from Ben Jones.Williarns (Churchrden) Matias Wltthwj (Deanery Synoj Rep) Stsvng ISec¥etaryl Alli McKdvey (stood don 241 Jamie Barb Cara Rlw ilp to * Aprll 2024 John Fong (CIKvrtrfiven} Pairicia {Churchrden) Matias witrth elary Syrth AB the PCC is currenty Bmall In nunther. ts staith9 con1ri ofal PCC Member andrn The rneth¢4J ofappjlntrnent of PCC members Is set ojt lh8 CIM¥th Rth120201 bapilsad dwch m•mt•Js OY•T th• ag• of 16 arn •ffurag8d to r89gron the Elecl1x Rol are to st¥KI fty election kn th• PCC. Man t8 and Perfo slon 2024 %¥as a full arkn parish life. K saw2 2 ful. 3 S lf1?1¥S. Some ofthe ofth• y•ar are as follims. C¢wregatitinal lifv: St Matth8vls Sund8y mtynlng Pish klass and Thw5¢ky Slk C(Mml c k)me MaB6 c(nued going strw throughout 2024. The Ch¢Mr CrGh corJregats"on pawd after its thwd July 2024. With the aoIn1MÈnl of t1 tirector ol MUS and C(Thnunity Chaplain. we are lJ¥nking ahead the dncticth keWdthen's w1ch TrNristy in the parish. Wadnesday 8veNn9 mass and rosaryttx SI 2024. see1 rewlar attendance tstjle. mldw8ek offerfrKJ conUnu8s lo bo forthoAtr) Canall• Surklay ffASS ts•ca ofr#. andlorv*ish io bè in¥c4vod r5hty> and thsclpleshlp MId8
Parish of St Matthew with St James the Grea( Bethnal Green (A Paro¢htal Church COU11 r•g15t•nd as a chary. 1148272) Trustees. Repor( incorporating the PCC Report for the y¥ar ended 31 D•c•mber 2024 Staffing hJhlHJhts & ehang•s We hosted a team frDrn Westcott House. CbrkIg•. to (xwM>r5hlp ar¥J pastOTal dudTra Pass)ntlde. George Haggett contirthd on Sthff iewn. his tille Irum Asslatt0 Cornmunlty CIWtL Wa oppoknted JOna1h Tkher as Dthlorof PAJ In SWMwW24. Dawn 8Wy COnI1 as Pari fvAknkniqtratN aThJ B(AllwlK¥Jt 2024, so nIA)g to serve 85 PCC St Matlh•w'sw•lcomÉd A Dè Falhor rMa Nlo. fvrl¢yJrnvxrths. His Lènt plaeernenl thal carried throu9h lo his prieslty rffthnakn. Moth Erin's matemity leave comrrwK8d in May. k4Jiher Rogewi M¢xton. our patIn& Int1 W began at P•twUd•. St Mauhew's has beèn hugBty ftxhersleady pr8serTh In the sacran8ntal. pastcrf31 catettbcal r(wnK%ty ofth• padslk Olhor pri womded CO Indthl•d Irw EthJuwTkne. Falher Paler BabtOn. other proleds ¥nd 6vents In the of Ihe thwch and th¢ . Fr8W8nt ¥rhool ytsits Itrfth WOWbS to chLMth rKI ckryyllayl8aOus lo SLs) c1nUed %ith IDcal 5th001s. Our Palm Sunday prote>sw and paity aLwealS Pla>wrvJ was a SeS. wAh w 80 In ¥ttendance. yus Oerek the Donkoy. Parfsh pgm? Cthry. Fcff Ihe l klty 8wk 14J¥y. a wthttto Cant•bury. some Wlng, sorne taklrwj public Irw Pray4 had ty al. cokn¢ldvy TAilh the Foasiofst Auwstine of Cantwbury. A grnup ofparfslmtimrs frDm the Comnmty Gad8n Sl Ellthga's Cantrn lor Pèac• and RecOnBIIUc cffj a trtp to knedw & ease &tss•K alctysbje mBrnb? ofarther churth from SoulhvA¢k. Belknng¥ng'. a group ol parlslaon8ts wariw nr4J thxch bth b kn autrjmn 2024 undqr th• tuition ofchrfs Woavars arnl sièv8 JakernarK 8ethnal (knn BuM•b8&S. A hu9ely 3CeS FW bagan in swrrw2024. ourpknywoup for babies and tod(N# ¢all¥d Bothnal Green Bumt4ebees. Grant lundlng pald lor soft tAay. toys and other aquipmenL This pr4ac¢ Is coordlnaied by George Hauw3•tt, ffi c(>)pèralon ¥th ¢)ther pah)rth5 aThJ PnIS. numb8rs uSUY run to 15 famili85. Supporting padshk)nw5 In n8•d. A numb•f ofb)Ih rec8nUy ardved parfshlryww5 have h?d acuts health or lfflrnlgratioft-relatgd issuos in 2024. Ihe dmrch ILM)th dergyaNI14ty1 have ralied rwnd to supp¢xt and slgnpost fry Ihgse . We bid lo Ajll McKdv•y. a m8n>ar oftw PCC. her pkner Jess Madarl•. as they rn0d to Cambridge SO Alll could Win trainkng al Weslcolt Church bulldl Th• follovAng thang•s or trAue5 aSJrFsseil in 2024. We Inslalled a couker k11th. so it cwhj us•d pwp)ses. Gulter5- deaned regaty mainlain•d by Il dwxe5e. SH¥er plate- remains in good eondili Quirv4U8nnwl Inspgdon was heid In 2024: lh8 dyjth Trmains L¥j ¢On, as •4wwlth 7Aryk tha¢ n8¢ds dtyng cffi a buldlng Its 3(#)th ar of]il•. Thè Churehprd cantinu85 lo be malnlainod byTaw Harrlets Green & Paths l•ams, Mlh w8 hm a very good vthlng relalonshSp. A fèw impr(womerts to ow Ilghthir¥J eonthKtorsJst•n mado in 2024. Plans markn to plant rw tree5 ( tha south sJ&ofthe churthyard, to t• ¢8rri¥d 2025. The Parlsh Rooms conllnu• In mix•d usa. Sorne of our nw15t users è Be)1 Ihp Streets Invthtt¥ne oulreachl, Tha Bothy Projq¢t Food Ctrop, Leonar(J's Lurth Pet Focrfl bth¢, Sknon (kn spacl, Ch•Klar Ntszgdov Ipkno lUonI. togeiherith olher rrfwff hlres. The Parfsh Hall Ino.17 H•r•fc¥d Str) ¢onJrnJes to be tel by State $1. Reyw cg)ntinL prowess8 10 negotiation stws in 2025.
Parish of St Matthew with St Jarnes the Great, Bethnal Green IA P4roGhW Church Councll TrI8tsrgd a• • chwmy. numb•r. 1148272) Trustees. Report incorporatlng the PCC Report for the y•ar ended 31 Dvcemb•r 2024 To&1 r8c81pls on ordlnary unreslrictèd fLmds knpr8 £137.443 antj ar8 dela] li th• Financial Stai))ènts. Toial intomè. Induding donauons. legacKs. charitablè inbwtrnents and erthjyrnt adMls was.. E137.443. A tolal of£ 149,325 was spent to pro¥ld• lh• mlnw Imm St Mallho Common Ful coThiirnenl ol£SO.947 was fuly R•sults fw the year The results ol the pwlod aThl ffin8nts olthe PCC the ared fffw¢i81 slalemen¢& The Slaternenl of Fknanclal Ath8$ sh a iTryear d8k4"t of£7.631 aKI FBSgwves 01£2.385.473. An overspend offr genaral funds 01 È15.122 is to Iha salary oflhe C(Mnntty ch and b? cif•sel by th8 sale ol St Jam•s lftslltut• expgndobl8 eNloMnwrt fvrvjs In 202S. Tanglbl• flx•d •ss•ts for us• bythe chwlty FIMd IslS arn sat in 12 to the a¢cwrts. The PCC rnalnlns a balanc8 w¥•5trictsd fvnd5 to I))r emwJr siluabon5 that may from Ume lo time. Thg PCC k•aps to its Restra Pollcy **¥ch malntths Ihat the church keep 6 [1h5. costs in r8s8ms. plus to cov•r al and olhor anned Indop•ndont ExwnSn Thè Independ8nt Examinpr, Anthony Arrn6trorrfJ FCA OfA• & Co. Acrmrtants and Statrjtory Auditor, has indrAled his wilingness to piw•d for Th• financlal statem•nls apwoved by the Board ofTntsts2es on 6 2025 swned ils bthaif by.. Th• R•Wd Ertn M Cl
Parish of St Matthew with St James the Great. Bethnal Green IA Paro¢hlal Chwch CDuncll r•glst•r•d ¢harlty. numb•r. 1148272) Statement of Trustees. Rèsponsibllities for the year end•d 31 Deumber 2024 The trusl•ès 8re responwtye lor prèparing rap tho staknixnts with applicabkn law and Urblod Klngdom Gen8r8llyAcpt•d Aetsun Pradic Charity law in EnglorKI and W4es requwes the tru•s to prepare Sments for eh fin3nc41 year whlch give a Img and fair view ofthe stsle ol 01 th8 chwlty and of the k)e¢m¥wJ restUCgs and applkation ol of chaiity lor that peri(>d. In pr•paring these finanual stalernonts, the trusi•es we reqL• lo: al Sdect suitable acwJnIi policigs and aPF4y t1M crw5thnty. bl Obs8rv8 the melh)d5 prin¢¥6s in the Chaisb8s SORP. cl Make judgemenls and eslirnates that are reasonable afvj dl Fdlow apkable accounting sla)dards KI 51alemOICn lltIO any matérial depalurps disdos•d and explained In the acrounts". el Prnparn th• financaal ststernents on th8 CLYK•n basis it is to a55ume th the chawly wll conllnu• in opsratiorL Th• tsust88s are rn5pJnslbl• lttkng adow aCcounth whlch olsdos8 Mlh reaSl¥bl• accwaw at any Ihe rinandal posrfion ofthe charity and which enatle them erffjurfr Ihal the fnancial Stslements lth the Chaiitses Act 2011. th8 Chwity (Accthrnts Roponsl Re9ajw 2008 and prowls of thè govemlw (bxurrwL Thè trustees aro a150 5ponslble for sa1eguaftg Ih8 asseis ullh? charity and he0 fortr¥j asonabJe sleps lor thè FKevenUon and detecuon ol traud and other Wre9e
Parish of St Matthew with St James the Great, Bethnal Green IA Parnchlal Chwch Councll rrylsi•r•d w a ¢h•rlty. 1148272) Independent Examinefs Report to the Parochial Church Council of the Parish of St Matthew wlth St James the Grea( Bethnal Green l rnport on the accounls of Parish otst Matb)VaTwih Sl JanRs the Grnat, B•thnal Gfl lor th8 pèritsj Irom 1 January 2024 to 31 Daeamber 2024 s•1 oul on pages 9 to 19. Nty report15 In respgrtofarn wmknatkn cwled out In accrMd&nco vAlh the Clr¢h Accounlln9 Re9aonS 2006 Regulati(ms'1 Ihe Chwits5Pd 2011 ( lh• I. 7hls re Is made sdety to the membw5 01 ihe PCC as a aecorrta ith sactiw 145 rlth8 Charilies Act reglIOnS made under sect1 154 of that ACL W •xamlpAlJn has been Lwthrtakan so th81 I MWI stale lo Ih8 PCC mambers Ihose rnatt8 1 am roqulrod to slat8 to them in an ind?dent exaffinets ieport and lor M oth8rpurp05e. To the fille5t gxient pernitted by kw. I do not acc8pI or assume sPonsIbl[ty to ollts¥lhan PCC KI s ffjBnknasa bw, fcr my exwnniatkjn. for this report, or for Ihe OnI£S I hav8 forrr R•spèctfv• r•spoMTtsMllle8 ol rn•mbars olth• PCC and thB exarnlTror A¥ descthd on page 7. as PCC mombers you a res5ble ts the pre[al clth• and you c4Jnslor Ihat an Èudil Is not re(wired tr Ilis y•ar urnltr the Regulati cf uTrJer seckn 14412) olth¥ Clwiies and that an irvknndenl &xarninatlon Is needed. li Is my r&SIbIl to: a) examine tho amnts under Secon 145 of th8 Charikn A¢ b) to follow thè procÈdur95 Ip4d Ch) in the General clrnth.on by the Chwtyconwrisskffi und•rsqdon 144Sllb} olth• Charilles Act., aThl CI tD 51ate whglherpartKLlar maliws hmi com• to my attan1bJn. BaBI8 of Ind•pgnd•nt •xamlMrf8 rnport My exaTrlnation was carried out in aOrdnc? wilh GeneRI by Chty CtsmmlssioTh. An examSnaticffi Snthdes a ra¥Aaw ol th8 records keFrt ty the thawty and a acc4xrfs pres8nbJ those records. It also Includes conshjerdtknn ofany unusual items ordi5d0x in th• acaxmts. and sfig wianations from th8 Church Coun eone•mlng any Sh rn3tter5. The wc¢edures w¥Jèrtak•n do rx)t wtivide the avid9 that %Uld be Tequtred In audlt, and nsequenuy no opin>)n is gNen as io thgthor Ihe ary>)wts WeSla fall aThl thè lknited to those matters sat tyjt next 51a18Th8nt. Ind•p•nd•nt •xamln•f8 slaknBnt In connedon with my8natiOn, no malerd malt•rs ha4• to my alknni iwv05 m• caLBg * bewa that In, any materi81 respect: b. the did ilh the acco&vj rnthds: c. thè •etounts did cNrytylth the ¥tabl? crrfhcemuvj the forn arNJ ¢8ntofa1S Set out In the Charflies (Accnts and ReFQrtsl RellOnS 2008 otherthan w rnquinnerbl that th• aCtnts givè 0'ln and 141 viow thich15 nol a MaliercSlef•J as partolan I havo comg across Thj other mattets in connecOn ith Ih? all1 b8 this in ord•r lo enable a proper undorst•¥liThJ ofthe a¢)lS to be rnache Anthony Arm51ic¥ig FCA ofArnir0q & Co 4a Prlntlng Hous• Ywd Hackn&y Road DalBd: 6 Awll 2025
Parish of St Matthew wlth St James the Great. Bethnal Green IA P•rochl81 Chwth Coundl r•glst•r•d a clwlty. number. 1148272) Statement of Flnancial Activltles for the ar ended 31 Decèmb 2024 2024 2023 Totsl Fund5 Funds IoMe #nd •ndowrn•nts from: Donations and legade5 Charitable aclfvibes ar tradlng acU¥lUes Inve51mants 12.395 970 19.870 91.914 12.294 13.225 79 21.893 89.679 9.524 970 19M70 91.914 Total Incom• 121144 3MDS 12.294 137,443 134hOO Expendltur• on: Raisng fvnds Charnat4• acti*Attes Endow1 expBndllw• 704 141.752 704 144.783 3.838 4,104 128.470 3.114 3.031 10 3.838 Total oxp•ndltur• 3,031 149.325 135,888 Nel wnsllkxses) r In¥•sbi)8nts 13 4.251 4251 15,892 Not Ineom•l(•xp•ndliur•) and mo¥wn•rt lunds 12.707 17.6311 14,004 120.312) Recondllatlon ol Iwd5: Total funds bUgh1fW3d 17 1.9KI.19) .878 2.393.104 2.378,SCKJ TDtsI furth can(ed fon¥ard 17 1.969.878 4010 393,585 1385.473 2,393,104 There are no galn$ arrfl10559soU)8r Ihoso rthd and sepyat8 stslefflentoftolal recW98d galn5 and losses has prepared.
Parish of St Matthew with St James the Grea( Bethnal Green (A Parochlal CtturGh Cuun¢ll r•qlst•rnd M • clwmy. nwntw. 1141272 ststement of Flnancial Posll6on as at 31 D•c•mbor 2024 31 D•c•mb•r 2024 31 OKgmbor 2023 Flx•d assots." Tangible as¥ets Investments 12 13 1.940.Tr 327.213 1.940.0th) 322.962 Total fixvd assals Currnt ass•ts: 08bttsrs Cash al bank and In h Totsl current 14 15 9.028 134.517 8,084 144.243 52.32 cr0dl. amounts falllng kn wlthln on• >wr 16 25285 22.185 N•t ff•t 118.26D 130.142 Total net 4ss•Is 2,385.473 2,393.104 The funds ofth• ¢harlty. Endwnenlfimds Rostricied luTrJ$ Unrè#trhctèd lunds 393,585 22.010 1.969.878 380,878 22.036 I.1.]90 21 17 Toial Éharltyfd 17 2,385.473 2.393.104 Approv•d by tha PCC on 6 WI 2025 and on th behalt ty. The Rwd Erfn M Clark Th• nol•s onp•g•$ 12 th 19 fornpart o1th• ¥coun PayB 10
Parish of St Matthew with St James the Great, Bethnal Green (A Parnchw Churth Councw r•glst•rHd as • charlty. 114B272) statement of Cash Flows for the y•ar ended 31 D•Gember 2024 2024 2023 Cash 110 Iram operalkng •cllvlllos: Not cash used h opgratMwJ a¢e5 101.5401 (91,2201 Cash flow6 from Ib)V•Stlng Jctl¥lllps: ends. Nitef•St and rents from Investm¥ 91.914 89,679 N•1 cash provldpd by In¥•stlTrJ •¢dvths 91.914 89.679 chang• In cash and ¢ash •wl¥alenls kn th• rwlknj p•rfDd Cash and ¢ash •qufvalonts at thg baglnnlng ofth• TWrtlThB p•rlod Cash and cash •qulval•nts atth• end of lh• r•porlkng p•rfod (9.7261 11.5411 145.784 144,243 144.243 134.517 2024 2023 1 R•con¢lllatlort of n•t IwAmrf•xp•ndur•l tsb n•t tlw frorn op•rntlng acllvltles Nel Incom81lwendltur8) for lh• rnpthj (as pwtho $1•twrrt o11kmi&l ac1fvrtI (7.6311 14,604 Adlustm•nts for. IG0ThDs$eS revuaOon ol knstMen15 DMd¥nds, Interest and r•nts frorn inve51n I1ncrBav1leSe in debtN5 Increas(•ta$e} in ryedttors 14.251) 191.9141 (944) 3.100 115.8¥21 {89.6791 16361 Nei cash provklod by (us•d kn) actl¥l 2024 2023 2 An•1$ af and ¢agh •qul¥•lonts Cash In haThJ 134.517 144,243 Tolal cash and Ea5h •qUI1• 134,517 144,243 PwJe11
Parish of St Matthew with St James the Great, Bethnal Green
(A P4rochlBI Church Coundl r•g18l•r•d as • dwrlty. nwnb•r. 114B2721
Accounting Policies
for thé year ended 31 Docemb•r 2024
1 Accountlng pollclos
B##li of prratIOn
The financial stat8m8nts b8•n msrFd
al ApFlIe UK accountknj standards. th• pmmskns ofs•tlk>n 1A {Smal Enty08sI of Nnanrial ReFrfxUng
Slandard 102 Tr Financial RewKbn9 Stsndwd appkable in the UK Repu1¢ of lrnland IFRS 102r.
bl Accounting and ReporUThJ by ChartU•s: Skt•mwt ofRecgxrn PTrclice applrabie lo charitles preparing their
accounts In accorda+ ¥th lh• Finanual Reitry Stwdwd ¥caL4e iIK ark1 Rep of Ireland (FRS 1021
lgffgctivg 1 January 20151- Ichaffilies SCIV FRS 1021
l The Charities Act 2011.
d> thè Charity and Reprytsl ReguIk)r4 2(
Publlc b•nefft •ntity
The charfty mests thB defirmbon ol a pubfK benefit undeT FRS 101
Golng conc•m
Tharo arg no matpri?l unwlainbes a1 tho aNlytO optratwig aecc¥dirth thg h¥vg been
prepared on a gcing CorLn basls.
Income racognlllon
Veluntary Inc& arK1 donalK)M [IndtyJlry legacw) ¥KcourtA the PCC has 0ntiU8mw lo IhB incom8, It15
probat4e Ihe inc¢)rn? be recelved amount of Ir)Jme can be relwbly measured. Income from lh8
covery oftax on gdt ald•d Is accrlled for ts tsx redalm has for. Grant Income b5
rgwsod M a rp¢elt& basly.
The inccrfne from trading actIvi•S indud# rantsi from ts letbivj of prenmses temwdrly &wplus lo
r8quir¢menl. and ?ccounted fortsn eamed. it Ls Sho w. ilh Iho c051s wKluded fr¥¥JrsIn9 cost&
Inl&r•st on fvnds hehl rm deposllls Indth wrwil be measured relably bylh• chwty, thls
Is nomially upon nobficaticm) ofthe irrterest pxl LY paye bylhe IKome Imm rK
Parish of St Matthew with St James the Great, Bethnal Green IA Pargchlal chUh Councll r•L4•t•rnd asa ¢htty. nurnbor. 11482T2) Accounting Pollcles for the year ended 31 Devmber 2024 R•strlctsd Funds RgStricted lunds are to be used for wIfd as laxl ty Ihe fwth. Direct aThJ SUPF#)rt •4)11¥ wl¢h meets Ih•s• crlt•rla 8n id8ntifi8d to lh8 towhwwih a falAKalTh ofovw co¥1 Unrnstrf¢tsd Funds Unr•sblct•d funds arB fvnds recehd Vlthkh ha71 pld ther Lue arn available as g•naral fund D•s5gnat8d FwKI$ T•nolbh Flx¢d A8s•ts Tangibkn fixed assets afe 8lale(l at less dewBcHkn Dewetiakn is at th• anIMl rntss ordèr to Tite off each asset ov•r Ms •sllm8tsd u58fiJ ure. Sound oqw)m•nt Cornputer equipmort Land & buildin95 . 33% on ()J 11grns OfequIpn1I are capitsli5ed the wk• •xcwds £50 Cons8ualed land and b•n•fice property such as the ¢1h and r& exduded from the aJnIS In accordance knith s10 of the Charili8s Act 2011. Move&le ¢(leftts ar• by th• vitarand thurcthrden5 on special trusl for1 PCC and reqwe a ftydi5pJsa accounted a5 Th118ne Fwparty unless c4nsacrat8d. Wl eyndilurg In¢xJrred C consecrdted or bgnef•x and church hmsh¥. *tslh#r rn•NeThan¢e or Improvem6nt, Is •xp8ns8d witlth th8 Stalement ol knv•#tht•nts ¢hwge(I to thg SOF Pap 13
Parish of St Matthew with St James the Great. Bethnal Green {A PamcNzl Chwch Cwndl r•gl•t•r•d •% • cl4rlty. Mber. 1148272 Notes to the Accounts tor tho year ended 31 Decemlwr Tr24 1 Incomlng rnBourus 2 Net outgolng r•8ourc Net oulgoing resrceS am Slat0A1ch$w." 2024 2023 1.2 7nMI•' •molurn•nts Emc4umÈrtts Indud& s8larfe5, fees, bonuses. VY4JBnse and eS1kn rthcash b•n•ffits rnc•iv>k. Al tWUs18e5 rve 2023 Total 3 Donatlong and l•gad T¢)tal Personal donakn$ Radalmad grft aKI PIHnned giing Grnnt5 & reirrfJwsents Cc41octlons 3.035 3.315 3.833 2.022 3.029 1,026 4.020 2,955 1,686 2.955 2024 Totsl 2023 Total 4 Charltablo athltlos 970 970 79 2024 Total 2023 5 Cth•rtradlng •ctl¥ttl•s R1¢t•d H811 Iwe 19.870 19.870 21,893 2024 Totsl 21123 Totsl 6 Inv••tm•nts Renlal kncomo Bank Inw•si r¢¢¢knl 87.000 4,914 87.000 2,679 4.914 2024 Total 2023 Total 7 Endowment InMm• Sl Philip's Hall: inleresl rec8lved Nal(onal Schcols.. iilerèst r¢¢gived Instiiuie: inierest recelvBd St J&S Church Expenaes: dIdendS reC41j Sl Philip's Hall.. dry•Jends rer1 3,146 2.336 754 4.367 2.009 2,041 136 P4& 14
Parish of St Matthew with St James the Great. Bethnal Green Parothlal Churcb Coundl r•glst•r•d a Gh. nwnb•r. 1148272) Notes to the Accounts for the ar ended 31 December 2024 2024 Total 2023 Total 8 Ralslng fvnds Wateh House crts 704 704 4.104 2024 To¢al 2023 Total 9 ChBrltabl• athlll•s cort lund Homg missw)n 50.947 50.947 5.369 49.944 2.742 1.379 Rectory S¢S Churth requislles Childrèn & Youth In5urnrKg PrintirrfJ, postag• & staknary PR & mathetkng HeaL Ilght & watèr Church runnlrKJ costs Cleaning 8yps chu rèpairs & rnaintenarKe Parish hpll costs Education & tsainir Evènts & outiryJs Sundry èxp?n5es 8¥nk thargas Legal & professknal 1o•s Indgpendenl examlnation f alr¥StratiOn fees 1.131 435 374 4,914 236 819 1,131 435 2.0 4.914 2,538 819 3,802 3.5B9 6274 6.737 15032 15.758 2.191 1.456 830 617 5.485 3,017 825 s.0 2.782 4,968 11,315 9,667 3.902 2,266 1,137 1.652 6274 .737 15.832 15.758 2.191 56 799 1200 12,322 9.447 1,200 11.622 12.322 2024 Tot•1 2023 Totsl 10 Endowment •xpvndltu NatK)nal Sthools: Church requi*i•s InstlbJi6.' Churth maintenance Sl jar Church Expens95: CIKxth costs 1.027 770 2.041 754 351 2,009 .114 -'kT= 11 Slaff ¢os¢• 2023 Slaff Salae5 nor to 31 D8cgrrkn 2tr23. 15
Parish of St Matthew with St James the Great. Bethnal Green IA Parothlol Church Coundi rnglstorod as a charty. nufflb•r. 11482721 Notes to the Accounts for the ar ended 310ecemb•r 2024 12 Tanglbl• flx•d ¥ bulldlnB5 Total Coll As at 1 January 2024 1.940.000 1.941.304 As at 31 December21f24 0•5Keclatlon As at 1 Jarwary 2024 Chary• for th? year As at 31 Decernber2024 N•t book lu• As at 31 t)ecerrt¥er2024 1,940.(KJO 1.940.ODO As at 31 Oec•nar2023 1,940,LKIO 1.940.OC#J Th• land & buldiigs indudg costs ofTrw Hal. Th? PrAi5h Ilc¢m and Ih• Watch 13 Inv•slm•nts M•rk•t ¥alu• A5 at 1 January 2024 Rèvaluations A5 Ot 31 Decemb 2024 208.790 4.251 114,172 322,962 4.251 Hl8torlcal value at at 31 Dec•mb•r 2024 94.462 114.172 208.634 Exp•ndabte Endowm•nts- Sl J•rn Instltul• £114.172 Lwh hekl in a CBF Fund. the income ofvknkh Is restrfcted to 8cthsi?sti¢ . pUrposes1ch ofth• Irvwnknnt. 3.252 C8F InS+nI Fund Shwps v4ued a¢ £75.192 al tho year4nd. Iho of whl¢h is restricted to churth •xpensas. 5,730.19 COIF in¢omB at £116.284 at y•Wth•n& Th• fiiThl Is r•stiict•d to ItYytsvarn8nt olthe SeS.18r8sIOn tht5 acwwtls ¢UfTentty aCCumat¥d Sl Philipts Hall r&strici8d lund 7*Mch 15 represwknd by a CCIA CBF D•posit Fund. Thi5 ', is lo rgcow spenl on a c•ntral systèm in 1977. £1.844 cash hdd in a C8F Depo1 Fund. Tho fund is rgstrided lo Ihe imprDvenl ofth• preThM5es. Inlefest on this acctyjrt 15 CLrnUy accumuialed In the St Phillp Hall f•Strictèd lund kntiich is rnwesenled by a CCLA CBF Depost FurKI. This a¢¢wnl 1$ lo ro¢tsup caphal spent on a cenlral healry tern In 1977. £19.717 cash hÉld in • C8F Depo%t FWKI, the ulwtiith is rpstrictgd lo religiD% and PornneI Endowm•nts- Churth Exp•nMs Fund P8m14nent Endowments- St Phlllp's Ha . Phlllp's H¥ll IP•mun•nt Endowmènts- INatlonal Sth¢)ol$ 14 O•btors: amounts lalllnB due whNn one year 2024 2025 pr8 9.028 8,084 Pa99 10
Parish of St Matthew with St James the Great, Bethnal Green IA P8rochl41 Church Councll rnglstOr as a chatlty. rnimb. 1148272) Notes to the Accounts for the year ended 31 December 2024 15 Bank Jnd rAsh In hd 2024 2D23 Bank cuThenl 0)Urtt Bank deIt acc1 cc deposlt account CCLA rent depc6it accott CCLA deposit account- Sl PhiM4)¥ Hal 3.457 53.192 29.435 20,78S 27,648 4.086 67.203 27.951 19.738 25.265 16 Cr•dltors: amounts fallng th• wlthln on• 2024 2023 Reni d•pot Accruals Defeed lrtc(Kng 21035 2.000 1.250 20.988 1.197 17 Th• funds th• charliy. ciirrent> Op•nlng R•M•wcgs ROu•S oth utlllsed moVeMts Closlng bolanc• Endowment funds Re¥¢iiGted kncome ld5 Tol•l fuThts 78 12.294 3.C4)5 {3.838) {3.031 4251 393,585 22,010 Deslgnat8d lunds General funds 1,980.0 10.19) 1,985,OOJ 115.1221 117.144 1142,4S6) 1142.4 Olh•r uUlls•d movements 14 Th• fvnds of th• tharlty. prIor1r Clojlng bJlanc• arknlng Endomneot ldS R85trictgd income fvnds Totalrnsti¥ct•d ftn 358.576 21.470 9,524 1,029 {3.114) 1857) 3,97 15,892 380.878 22.036 Oeslgnated funds General funds 1.975.0fy) 23.454 1.980,000 10.190 118.847 1131,7171 3941 1• D#slgnaied funds: Gurr•nt JTaT arfslnq uUlts•d •dJu8lm•nls lan Fixed a65etfuThls Ma1 works nkIng fthj 1.940.IJ)) 40,WO 1.940.0 45,000 5.000 P•J# 17
Parish of St Matthew with St James the Grea( Bethnal Green IA ParocNal Church Coundl rnglst•red as a charlty. nufflhr. 1148272) Notes to the Accounts for the y•ar •nded 31 December 2024 Closlng balance 20 D••lgnal•d ld. prlor y••r arfslng uWts•d UstMqnts xed 885et lun¢ts m8lorw)rks SI11n9 fund 1.940.OCKJ 35.000 1,940,LKIO 40,000 Flx•d asset funds Ths fuThJ represerts wnount ofchadty lurth locked up In Ir88hdd land and buldlngs and 0UwfiX ass8ts wlith ¥¢ neg ts opwational pe$. The funts carriad at Ihe net bo¢)k v¥bJ8 ofthe fd a5sols at th• baknca shaèt dat•. aft•r dèduciing Y nCIng loans, endrylfits ty ffjstrictsd funds US to finance thacqL4slti(ffi. The fjJNI rePr•ts im ant01Cli8[Ity fuN15 sg185ide for rxwible bulhjlng wrKS In lutt M•lorworks •lnklThJ fvnd 21 R•8irfcted funds: cwronl y4•r r•sourc•s •xp•nd•d adJustm•nts bal4nc• 851 418 15.678 2.8 2.1 851 Food Bank Sl Philip's Hall FWKI Qu88n Adda0 Charity MISB VaLhan'S Spitalldds Ctrnlr Churth 15.678 2.087 2.578 348 570 385 2,000 1.379 Inromlw RUr¢•9 Translers & rn•our¢•s •xpend•d adJuslm#nts Closlng bBlan¢• 22 R••tslct•d fund8: prlor>wr 8olls Fc)d Bank St Philip's Hall Fund Queen Adelaide Charity Mi55 Vaughan'¥ Swtaifids Ctraty Ch¢)ir Chwch 851 418 15.678 2.896 2.193 418 15,678 2.520 1.814 650 379 274 583 394 R•strf¢t•d funds 1c0rttlnu) Prnjecls fmanc•d by r•slittsd funds ar• sutpjrted by eStriC (r0 Mth•re 658ry. Thi5 the fund¥ Is in arrgws LY Ihp irKltsnco of eypendmwo Iha pmjacl oCrAS (knspraporIn at ihe begining cfthè propd to th IrKome 110. Wher• resblct•d woi•cts ènd Ihe a rtefrt INS L8 m8t by aft8rygar-gnd incorno or Iwsfvrs Irom unr85tiithd lurJ& Boll Food 8ank athknlstW8d Foc<1 Ban st Phlllp'l H#ll Fund n Addald• Chaylty Imlss Vauqhan'$ 5pltain•l Chwlty Cho Chur¢h 23 Trnnsf•rs b•t4Y••n lunds: ¢urfont Gra1 to desKJnat•d lunds 5.0 {S,C*JOI funds 5,¢XJO 5.0Tr) fundB funds Py18
Parish of St Matthew with St James the Grea( Bethnal Green (A Parochlal Church Coun¢ll rnglstored as a charlty. nufflb•r. 11482721 Notes to the Accounts for the year ended 31 December 2024 24 TraMf•rn b•tw••n lunds: prfwy•ar G0[81 to mtrided General to deslgnal8d funds funds fvnds To¢al 13941 {5.394} 5,0 25 N•t a8s•ts attrllwt)l•to fwKl8: cwr•nts nds funds fd¥ Tolal Tangiblè fixéd assets Current ass8ts Curnrtt Ilabilitlss N6t assets rèpresgnbj byfiwvjs 4251 1.940.OC 45.000 322.962 70.623 2.267213 143.545 125.2851 23.260 11250) 124.0351 15.1 26 N•t asuts •ttrlbuiabl• to Iwmls: prlorjw nds l¥nd& funds Tot•1 Tangi10 red assets Curr•nt assets Currènt IlablitS 1.940.riJJ 322.962 57.916 2.262.962 152.327 122.1851 (22.1851 10.190 27 Tuatlon The PCC Is a reglslered tharrty. Ao)ythv. it i¥ t¥wnNfroffl layakn in mspad olin(Kffi8 aThl capttBI gains to th• •xi•rbl Ihat these arn apph'gd lo its thwitable otlects. 28 Post balanc• she•t ¢$ 29 Contlng•nt Ilablllt1•5 Th• Cha had no malerf& t(rent labUUe5 at 31 Decert 2W24 rKat 31 O•cts 2021 30 Rdat•d rtIeS Dwir9 the lh• m•mb8ws ol th• PCC and Ihw Tr]ated pwb8s mado agy•W• of£1.62512023: £8401. 31 Glfts In klnd and ynteer During Ihe year tho dwity bert¢fd from pwkwnd trjf bTknI Py19