Chwty Rumb•r. 1148272 Parish of St Matthew with St James the Great, Bethnal Green (A Parochlal Church Councll roglsterBd as a Ch￿lty, 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 d￿rtty. •Mtsnbor. 11482721 Index to the Financlal Statements for the year ended 31 D•camber 2024 Pag9 Inthx lo th• Flnandal Stai• ChaTIty Infonnpllon Tn*t••s' R•port ststarn•nt of Tru*t•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 co￿￿15 r•qlst•r•d ￿ a Glwlty. nwnb•r. 1148272} Charity Information for the ￿aT ended 31 December 2024 Thg Ch￿h (PCCI is a corporats l>th eslabI5hed by Ihe Clwrch ol EnglaThJ. It is ¢￿ti￿￿O￿ aThJ S￿&m0d bythè Pamthkal Chwch Counols (Powers) Maasurg 1956 la¥ ameTrJ•Jl the c￿rth Rep[85￿￿1*￿ Rules120111. The r[￿be15 01 th? PCC ar• *s In￿tl•S urwhr th¥4y I￿ and ￿ r•kned to as sud) Uywghoul INS r•porL C￿r￿¥ 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 Cl*k 4a Pr¥ibrwJ Ho￿8 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 P￿sh ofst Matth8w**h Sl Jam•s th• Grnal B•lhnal Gra￿ I￿1 rep￿1 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 Mallh**s RCMT. It ser￿ a parth rcAryNy I￿ed by tho to the south and east, Cld Bothnal Grnen Road to thè north al the ¥rnst ar(￿d the Blshopsgate GoDds Yard. T?￿n￿alty, thè bonakn ￿ Ihg Parish ofSI P4tsthaw wth S( James the Grt Bolhnal GrewL 13.c￿0 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 regisle￿d dwrity. 114B271 urch c￿ne11 Ob St Mattr*Ws PCC Is Cr￿stilUbd lo and coopw3te Ythh th8 parish Priesl cd St Vattlw*s *ith St James th• Gr•at. Bèthnal Green, In promotkng th• whola mission ol tha cl￿vEh. pa51od. evangel￿￿. s(Kial and 9￿m￿￿al. It fosp)n$ibikntig$ lor a number olprop•rti•s'. th• chweh. a pa￿ H&1. th& R(Thn. arnl the W*h 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 (Church￿rden) Matias Wltthwj (Deanery Synoj Rep) Stsvng ISec¥etaryl Alli McKdvey (stood do*n 241 Jamie Barb Cara Rlw ilp to * Aprll 2024 John F*ong (CIKvrtrfiv￿en} Pairicia {Church￿rden) Matias witrth￿ ￿e*lary 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 •ff*urag8d to r89*gron 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 ￿lf￿1?1¥￿S. Some ofthe ofth• y•ar are as follims. C¢wregatitinal lifv: St Matth8vls Sund8y mtynlng P*ish klass and Thw5¢ky Slk C(Mml c￿ ￿k)me MaB6 c(￿￿nued going strw throughout 2024. The Ch¢Mr C￿rGh cor*Jregats"on pawd after its thwd July 2024. With the a￿oIn1MÈnl of t￿1 tirector ol MUS￿ and C(Thnunity Chaplain. we are lJ¥nking ahead the dncticth k*eWdthen's w1￿ch TrNristy in the parish. Wadnesday 8veNn9 mass and rosaryttx￿ SI￿ 2024. see1￿ rewlar attendance tstjle. mldw8ek offerfrKJ conUnu8s lo bo fortho￿Atr) Can￿￿all•￿ Surklay ffASS ts•ca￿ of**r#*. andlorv*ish io bè in¥c4vod r5hty> and thsclpleshlp MId￿8￿ Parish of St Matthew with St James the Grea( Bethnal Green (A Paro¢htal Church COU￿11 r•g15t•nd as a char*y. 1148272) Trustees. Repor( incorporating the PCC Report for the y¥ar ended 31 D•c•mber 2024 Staffing h*JhlHJhts & ehang•s We hosted a team frDrn Westcott House. C￿brkIg•. to (xwM>r5hlp ar¥J pastOTal dudTra Pass*)ntlde. George Haggett contirthd on Sthff iewn. his tille Irum Ass￿la￿tt0 Cornmunlty CIWtL Wa oppoknted JOna1h￿ Tkher as Dthlorof PAJ* In SWMwW24. Dawn 8Wy CO￿nI￿1 ￿ as Pari* fvAknkniqtratN aThJ B(*A*llwlK¥Jt 2024, *so ￿nI￿A)g to serve 85 PCC St Matlh•w'sw•lcomÉd A Dè￿ Falhor r￿Ma￿ Nl*o. 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 pa￿tIn& Int￿1￿ W began at P•twUd•. St Mauhew's has beèn hugBty ftxhersleady pr8serTh In the sacran8ntal. pastcrf31 catett*bcal r(wnK%ty ofth• padslk Olhor pri* womded CO￿ Indthl•d Irw* EthJuwTkne. Falher Paler Bab￿￿tOn. other proleds ¥nd 6vents In the of Ihe thwch and th¢ . Fr8W8nt ¥rhool ytsits Itrfth WOWbS to chLMth *rKI ckryyllayl8aOus lo S￿￿￿Ls) c1￿￿nUed %ith IDcal 5th001s. Our Palm Sunday prote>sw and paity aLwea￿lS Pla>wrvJ was a S￿e￿S. wAh w 80 In ¥ttendance. yus Oerek the Donkoy. Parfsh p￿g￿m?￿ ￿ C￿*thry. Fcff Ihe l* klty 8wk 14*J¥y. a wthttto Cant•bury. some Wlng, sorne taklrwj public Irw Pray￿4 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 RecOnBII*Uc￿ 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 3￿CeS￿ 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 pa￿h￿)rth5 aThJ P￿nIS. numb8rs uSU￿Y 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 rn0￿d 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 reg￿aty 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 s*J&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 spac*l, Ch•Klar Ntszgdov Ipkno lU￿onI. togeiher*ith olher rrfwff hlres. The Parfsh Hall Ino.17 H•r•fc¥d Str￿) ¢onJrnJes to be tel by State $1. Reyw cg)ntinL￿ prowess*8 10 negotiation stws in 2025. Parish of St Matthew with St Jarnes the Great, Bethnal Green IA P4roGhW Church Councll TrI8tsrgd a• • chwmy. numb•r. 1148272) Trustees. Report incorporatlng the PCC Report for the y•ar ended 31 Dvcemb•r 2024 To&1 r8c81pls on ordlnary unreslrictèd fLmds knpr8 £137.443 antj ar8 dela]￿ li th• Financial Stai*))ènts. Toial intomè. Induding donauons. legacKs. charitablè inbwtrnents and erthjyrnt adMl*s was.. E137.443. A tolal of£ 149,325 was spent to pro¥ld• lh• mlnw Imm St Mallho￿￿ Common Ful￿ coThiirnenl ol£SO.947 was fuly R•sults fw the year The results ol the pwlod aThl ffin8nts* olthe PCC the ar￿￿ed fffw¢i81 slalemen¢& The Slaternenl of Fknanclal Ath￿8$ 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(Mn￿ntty 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 Is￿lS arn sat in 12 to the a¢cwrts. The PCC rnalnl*ns a balanc8 w¥•5trictsd fvnd5 to I))￿r emwJr siluabon5 that may from Ume lo time. Thg PCC k•aps to its Restr￿a 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 Of￿A• & 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 Gen8r8llyAc￿pt•d Aetsu￿n￿ Pradic Charity law in EnglorKI and W4es requwes the tru*•s to prepare S￿ments for e￿h 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 t1￿M crw5thnty. bl Obs8rv8 the melh)d5 prin¢¥6s in the Chaisb8s SORP. cl Make judgemenls and eslirnates that are reasonable afvj dl Fdlow ap￿kable accounting sla)dards *KI 51alem￿OI￿C￿n￿ *ll￿tIO 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• lttk*ng 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 Re9￿a￿jw￿ 2008 and prowls￿ of thè govemlw (bxurrwL Thè trustees aro a150 5ponslble for sa1egua￿ftg Ih8 asseis ullh? charity and he￿0 fort￿r¥j ￿asonabJe sleps lor thè FKevenUon and detecuon ol traud and other Wre9￿e* 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 Gf*l 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 Cl￿r¢h Accounlln9 Re9￿a￿onS 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 reg￿lIOnS made under sect1￿ 154 of that ACL W •xamlpAl*Jn 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 O￿nI£￿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 res5b￿le ts the pre[￿al￿ clth• and you c4Jns*lor 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&S￿IbIl￿ to: a) examine tho amnts under Sec￿on 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 a￿Ord￿nc? 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 s￿￿fig wianations from th8 Church Coun eone•mlng any S￿h 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 WeS￿la fall￿ aThl thè lknited to those matters sat tyjt next 51a18Th8nt. Ind•p•nd•nt •xamln•f8 slaknBnt In connedon with my8￿￿￿natiOn, no malerd malt•rs ha4• to my alknni** iwv05 m• caLBg * be￿wa that In, any materi81 respect: b. the did *ilh the acco￿&vj rnthds: c. thè •etounts did cNryty*lth the ¥￿tabl? crrfhcemuvj the forn arNJ ¢￿￿8ntofa￿￿1S Set out In the Charflies (Acc￿nts and ReFQrtsl R￿￿ellOnS 2008 otherthan w rnquinnerbl that th• aCt￿nts givè 0'ln* and 141￿ viow *thich15 nol a Malierc￿S￿lef•J as partolan I havo comg across Thj other mattets in connec￿On *ith Ih? all￿1￿ b8 this in ord•r lo enable a proper undorst•¥liThJ ofthe a¢￿)￿lS to be rnache Anthony Arm51ic¥ig FCA ofArni￿r0￿q & 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 I￿oMe #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 Endow￿1 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 b￿Ugh1f￿W3￿d 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 recW￿98d 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 Curr*nt 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 Éharltyf￿d* 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•nd*ur•l tsb n•t tlw frorn op•rntlng acllvltles Nel Incom81lwendltur8) for lh• rnpthj (as pwtho $1•twr￿rt o11k￿mi&l ac1fvrt￿I (7.6311 14,604 Adlustm•nts for. IG0Th￿Ds$eS ￿ rev*uaOon ol kn￿stMen15 DMd¥nds, Interest and r•nts frorn inve51n I1ncrBa￿v1le￿￿Se in debtN5 Increas￿(￿•t￿a$e} in ryedttors 14.251) 191.9141 (944) 3.100 115.8¥21 {89.6791 16361 Nei cash provklod by (us•d kn) actl¥l 2024 2023 2 An•￿1$ af and ¢agh •qul¥•lonts Cash In haThJ 134.517 144,243 Tolal cash and Ea5h •qUI￿1•￿￿ 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 pr￿￿ratIOn The financial stat8m8nts b8•n msrFd al ApFlI￿￿e UK accountknj standards. th• pmmskns ofs•tlk>n 1A {Smal Enty08sI of Nnanrial ReFrfxUng Slandard 102 Tr Financial RewKbn9 Stsndwd appkable in the UK Repu￿1¢ 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 Re￿itry 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 Regu￿Ik)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 a￿￿1 tho aNlytO optratwig aecc¥dirth thg h¥vg been prepared on a gcing CorL￿n 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 accr￿lled for￿￿ ts tsx redalm has for. Grant Income b5 rgwsod M a rp¢el￿t& basly. The inccrfne from trading actIvi￿•S indud# rantsi from ts letbivj of prenmses temwdrly &wplus lo r8quir¢menl. and ?ccounted for*tsn eamed. it Ls Sho￿ w. *ilh Iho c051s wKluded ￿ fr¥¥Jr￿sIn9 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 pay*e bylhe IKome Imm rK)m& Thè lunds ean rBduc• wthere I￿8 are ¢jeL¥ea￿ in Yduo.18ither by knssos or d•prnciationl ofassats r•prèÈ8rtsd by the Iw¥J5. Exp•ndltuf• I•¢09￿tIon Expendllure Is acc¥u8d as soon as a lalxlty is ¢J*tsidèr8d prc&at48. * the amwnl ofoblvJaJcffl can b8 n￿aSured rèlhibty. Longor tèmi liabililbts *8 dlscounied to present vahje. The PCC Ls r40t reWered for VAT and accorth￿￿Y e￿endIture incbJde5 VAT whwe appropriate. Exp8ndlturg Ind￿ded In Ralskq FwKls antAmls InrAmd wants VAKI olher donauons arKI priwrty maInt￿ant& Costs. Charilatje expendilure Ir￿ud•S thosè costs 0Xp￿d0￿ li t￿rkn9 thp PCC'S rA¥'ects, as the R8POrt of Iho PCC. Th¥59 indud¢ wls pay4bi?. govemar*e c051s and an apporfknmort ofsuppryt Costs. Grnnts pay*e 8ro payrmnls mAd• to 1hfi￿ pawues ￿ turthwanco ofthe PCC'S Objec￿ In lh8 rAse ofan uncorduonal grnnt offerlhis is accruad once Ihe recipient has ljeen notified of the grarrt a**rd. The notifKatKtrn gN85 the reci￿￿nI reasonbNe expectatlon Ihat th*yv￿1 rnc•ivÈ Ihe grant Grants wards that are S￿leCt to the ￿l￿entfu￿1IlTrg rfijrrnanca condlllons are orty accwed the rBclpbBnl ha5 been olthe grart ¥fKI ¥ny re￿1￿1￿9 unfvlfil contjlbon atlaching to that grant 15 Outs￿9 olthe control olthe PCC. GovemarKe cosls comprise all cosis ini&d¥ing Ihb put* acc￿￿1?￿01th8 PCC and A6 comF4iance with regUla￿n and good pl*￿tt. These C051s I￿lude costs rel*ed to kWeThJent wam1￿￿On and f985. Rentsls ￿d￿e￿Or￿t￿vj lèases ￿ clwgod as ¥wred oY4r the tenn ol th8 lease. P•JB 12 Parish of St Matthew with St James the Great, Bethnal Green IA Pargchlal chU￿h Councll r•L4•t•rnd asa ¢h*tty. nurnbor. 11482T2) Accounting Pollcles for the year ended 31 Devmber 2024 R•strlctsd Funds RgStricted lunds are to be used for wIf￿d as laxl ty Ihe fwth. Direct aThJ SUPF#)rt •4)￿11￿¥ wl*¢h meets Ih•s• crlt•rla 8n id8ntifi8d to lh8 towhwwih a f*alAKalTh ofovw co¥1 Unrnstrf¢tsd Funds Unr•sblct•d funds arB fvnds receh*d Vlthkh ha71* pl￿d ￿ 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• anIM￿l 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 OfequIpn￿1I are capitsli5ed the wk• •xcwds £50 Cons8ualed land and b•n•fice property such as the ¢1￿h ￿ and r& exduded from the a￿JnIS 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 Th118n*e Fwparty unless c4nsacrat8d. Wl eyndilurg In¢xJrred C￿ consecrdted or bgnef•x and church hm￿sh¥￿. *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 res￿rceS am Slat￿0A1￿ch$w." 2024 2023 1.2 7nMI•￿' •molurn•nts Emc4umÈrtts Indud& s8larfe5, fees, bonuses. VY4JBnse and eS1kn￿ rthcash b•n•ffits rnc•iv*>k. Al tWUs18e5 ￿rve 2023 Total 3 Donatlong and l•gad T¢)tal Personal donakn$ Radalmad grft aKI PIHnned gi*ing Grnnt5 & reirrfJwse￿nts 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 R￿1￿¢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: dI￿dendS reC41￿j Sl Philip's Hall.. dry•Jends re￿r￿1 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 cr*ts 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 al￿￿r¥StratiOn fees 1.131 435 374 4,914 2￿36 819 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 7￿99 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 Sala￿e5 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•n*ar2023 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¢* . pUrposes￿1ch ofth• Irvwnknnt. 3.252 C8F In￿S￿+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.1￿8r8sIOn tht5 acwwtls ¢UfTentty aCCum￿at¥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 Depo￿1 Fund. Tho fund is rgstrided lo Ihe imprDven￿l 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 Porn￿ne￿I 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 pr￿8￿￿ 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 h￿d 2024 2D23 Bank cuThenl ￿0)Urtt Bank de￿It acc￿1 cc￿ deposlt account CCLA rent depc6it acco￿tt 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•po￿t Accruals Defe￿ed lrtc(Kng 21035 2.000 1.250 20.988 1.197 17 Th• funds ￿th• charliy. ciirrent> Op•nlng R•M•wcgs R￿Ou￿•S oth utlllsed moVeM￿ts Closlng bolanc• Endowment funds Re¥¢iiGted kncome l￿d5 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. prIor￿1r Clojlng bJlanc• arknlng Endomneot l￿dS 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 l￿d￿. prlor y••r arfslng uWts•d ￿UstMqnts xed 885et lun¢ts m8lorw)rks SI￿11n9 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 p￿￿￿e$. The funts carriad at Ihe net bo¢)k v¥bJ8 ofthe f￿d a5sols at th• baknca shaèt dat•. aft•r dèduciing ￿Y ￿￿nCIng loans, endryl￿fi￿￿ts ty ffjstrictsd funds US￿ to finance th*acqL4slti(ffi. The fjJNI rePr•￿ts im an￿￿￿t01Cli8[Ity fuN15 sg185ide for rxwible bulhjlng w￿rKS In lutt M•lorworks •lnklThJ fvnd 21 R•8irfcted funds: cwronl y4•r r•sourc•s •xp•nd•d adJustm•nts bal4nc• 851 418 15.678 2.8 2.1 851 Food Bank Sl Philip's Hall FWKI Qu88n Adda￿0 Charity MISB VaL￿han'S Spitalldds Ctrnlr Churth 15.678 2.087 2.578 348 570 385 2,000 1.379 Inromlw R￿Ur¢•9 Translers & rn•our¢•s •xpend•d adJuslm#nts Closlng bBlan¢• 22 R••tslct•d fund8: prlor>wr 8olls Fc*)d Bank St Philip's Hall Fund Queen Adelaide Charity Mi55 Vaughan'¥ Swtaif*ids Ctraty Ch¢)ir Chwch 851 418 15.678 2.896 2.193 418 15,678 2.520 1.814 650 379 274 583 394 R•strf¢t•d funds 1c0rttlnu￿) Prnjecls fmanc•d by r•slittsd funds ar• sutpjrted by ￿eStriC￿ (￿r0 Mth•re ￿6￿58ry. Thi5 the fund¥￿ Is in arrgws LY Ihp irKltsnco of eypendmwo Iha pmjacl oCrA￿S (knspraporI￿n￿ at ihe begining cfthè propd to th* IrKome 110￿. Wher• resblct•d woi•cts ènd Ihe a rtefrt INS L8 m8t by aft8rygar-gnd incorno or Iwsfvrs Irom unr85tiithd lur*J& Boll Food 8ank athknlstW8d Foc<1 Ban st Phlllp'l H#ll Fund n Addald• Chaylty Imlss Vauqhan'$ 5pltain•l Chwlty Cho* Chur¢h 23 Trnnsf•rs b•t4Y••n lunds: ¢urfont G￿￿ra1 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 G￿0[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 f￿d¥ 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 Tangi1￿0 r￿ed assets Curr•nt assets Currènt Ilablit￿S 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(￿￿r￿ent labUUe5 at 31 Decert￿ 2W24 rK*at 31 O•c￿ts 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 y￿￿nteer￿ During Ihe year tho dwity bert¢f*d from pwkwn*d trjf bTknI Py19