PARISH OF ST GILES CAMBERWELL
ST GILES CHURCH
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024

St Gilos Church
YE 31.12.2024
STATEMENT OF TRUSTEES RESPONSIBILMES
Members of the PCC are require(1 by the Chrch AccwntirvJ Regulath)ns and the
Charities A¢1 2011 to pre￿e accounls fcr each financiat year which give a true aThJ
fair view of the state of affairs of the Church and of tts resums for thal yew. In
preparing those accounts. the tnjstees are required lo:
(al select suitable acc￿nI￿￿ poI￿leS and arvly them ¢onsistenUy,
(b) make iu(Swents and estimates that are reason*te and prudent:
(cl prepwe the ￿nts on a ￿nCeM basi8 unless it is
inappropriate to assume that the Church will continue in operalwy).
The members of the PCC are responsible for keeping proper accounting re¢or(Is thich
disclose with reasonable accuracy at any time the finarKid position of the Church.
They a￿ also respon￿ble for safeguarding the assets of the Church and herKe taking
reasonable steps to prevent and delect (ra￿1 and other irrw￿ariIw.
&wed on beh4f of pcc

Par5sh of St Gil08 Camberwell
St Gllos Church
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST GILE8 CHURCH
I rewrt lo the Irustses ort my examinat￿ of the xc4>unis of the St G￿S Churth (tr* Trust) for the year
ended 31 Decemtser 2024.
RESPECTIVE RESPONSIBILMES AMD BASIS OF REPORT
As the charity tnjslees of the Tfust you are reS￿l)le for the Iwep*akn of the accounts in accordance
with the requirements of the Chanbès Act 20111'the Act,)
I report in respect of my examiiation of the Tn￿1.$ ￿0)Unts carried oul under seLXK*n 145 of Ihe 2011 Act
and wi ¢afryiry out my exam¥)ation I have fohywed al the apF4tible Direcbons grven by the Charity
Commis￿oft ￿der ￿tI)n 1445Xb) of the Act
INDEPENDENT EXAIAINER'S STATEMENT
I have compfeled my examinaknn. l ¢£rfmi Ihat no mabial matters have Djme to my attenlw in
¢onne¢bon with Ihe examThlion cause to tthe Ihat N) any m*ro1 respect
(1) aco)unting Tecryds were nrt kept in respect of ts TTr￿t as requwed by sectw)n 130 of the Actr or
(2) the accounts do not a¢¢ty<l wAh Ihose records
I have no Goncems and have come a¢ross no ottw ffotters in connection wth the examinatK)n to whsch
attenb'on should be drawn in this report in ithr to enable a Kyopef undeistanding of the accounts to be
reached.
Slmon Lowe￿k FCCA
Windsor Lodge
Millfiehj Road
Ho¥Jnslow
MKldlesex
TW4 SPN

Parfsh of St Glles Camberwell
St Giles Church
BALANCE SHEET as at 31 December 2024
2024
2023
CURRENT ASSETS .
Investments
Cash al bank and in hand
3(X)
9,954
300
7.107
10,254
7.407
CREDITORS:
AM￿nts falling due Tmthin one Jear
Amwnts falling due aft# one yEar
NET CURRENT ASSErs
10.254
7.407
REPRESENTED BY .
FUNDS
Restricted
UnreslrKled
10.254
10,254
7.407
7.407
Approvgd by lh• Parochial Church Councll on:
Slgned on bohalf of Paro¢hial Church Councll by.

Parlsh of St Gll•s c￿beTwe11
St Glles Church
Statomont of Finan¢ial Actlvftles- Year end•d 31.12.2024
Total
2023
2024
ME FROM
Donations
23,580
23.194
Other Iradiro adivities
2b
111.757
111.757
96.389
Investment income
250
Charitable activiltes
14.721
14.721
17.864
Olher irKome
2e
1.221
1.221
763
TOTAL
151,278
151278
138,459
EXPENDITURE ON
Cost of fundraising
958
General Church expenses
,124
,124
62,802
Mant8ft￿Ce and running costs
78.6W)
78.6
78,164
Repairs and refurbishment
18.658
18.658
2.515
Miscellaneous Expendiiu
TOTAL
148.431
148,431
144.128
Trartsfers between fu￿lS
Not m0￿ment In funds
2.847
2.847
Total funds brought lo￿ard
7.407
7.407
13,075
Total funds carrl•d forward
10.254
10,254
7.407

Parish of Si Giles Camberwell
St Giles Church
Notes to th• Financial Statements - 31.12.2024
1. Accountlng poliGios
a) Basi$ of preparation
The financial slalemenls have been prepared in accordance with generally aecepled accounted
principles on cash basis. As Ihe turnover is ￿loW £250.OCK) accounls havè not been prepared on an
a¢¢rual basis. Payment and ￿elp1 aCC￿nts are woduced.
bl Going concem
The Irusiees considw Ihal Ihere are rvj material uncertainties about the ¢haril¥s ability lo ¢oniinue as a
goir4J concefn. The trustees do nol consider that there are any sources of estimalion uncertainty ai the
reporting date that have a signif￿an1 risk of causiThJ a material adjustmenl lo Ihe carrwng amounts of
assets and liatHlilies within the next reming period.
¢1 In¢ome
Income is recwi8ed when the charity has enlitlemenl lo the funds. any performan￿ condtlH)ns
allached lo the income have been mel. il 1$ probable that Ihe income will be received arKI that Ihe
amoLJnl can be measure(J reliably.
dl Donations of gifts, seNices and la¢iliti¢s
Donations are recognised in the SOFA when received_
Dorbaled professional services and donaled faalilies are recognised as Income when the charity has
control over the item or received ihe service. any condilK)ns associaled Trmth the donation have been
mel. the reeeipi of economic benefit ffom the use by the charity of the Item Is probable and that
economic benefit can be measured ￿lIablY.
On receipt, donated grfls. PfofessK)nal services and donaleé f&ililies are recognised on the basis of the
value of the gift lo the charity which is the amount Ihe rharity would have been willing lo pay lo obtain
services or faC￿EtIeS of equivalent economic benefil on the open markel.. a ccrfresponding amount is then
recognised In experKliture in the perK)d of receipt
è) Interest receivablo
Interest on funds held on deposit is indLKled when receivable arKI the amount can be measured reliably
by the charity this is normally upon nolificalK)n of the Interest paid or payable by Ihe bank.
fl Fund accounting
Unreslricled funds are available lo spend on activities that lurther any of the purposes of charity.
Restrtcled funds afe donations which Ihe donor has s￿rf$ed are lo be solely used f(y particular areas
of the charity s work or for specific proiecis beirKJ undertaken by the charily.

Parish of St Giles Camberwell
St Giles Church
Notes to the Flnanclal Statements- 31.12.2024
1. Acc(￿ntIng policies {continued)
g) EKp?ndlture and irro¢ovorabl¢ VAT
EKpendilure Is recognised once there ts a legal LY (xJnstructNe O￿lgath"On to make a payThent lo a third
party, Il is probai4e that seiifement will be requwed and the amount of the obligalK)n can be measured
reliably. Experwjiture Is daSsIf￿ uThler the follcwrtng aclwity heajings..
Cost$ of raising funds comwise of Irading costs and the costs incurred by the charita￿e company
In Inducing third parties lo make voluntary contn"butM)ns to rt, as as the c05t of any aclivities
th a fundraising PUfF￿Se.
Expenditure on charttable aclNitÈs irtludes the costs of delTvwing seNices undertaken lo ftArther
the P￿r￿seS of the charty and their assocoted supptyt ¢osls
Other expendibjre represents t￿Se items wl [￿lIng Into any Ot￿ heading.
IrrecoveraNe VAT is charged as a wsl against Ihe a¢liwty for which the expenditure wa5 Irurred.
h) Allocation ol support costs
Support cosls are those functions that assist work of Ihe charity t￿1 do not directly urmjerlake
charita￿e acltvilies. sUpp￿t cosls i￿lUde back offKe costs. finarKe. Fersonnel, payroll and governance
osts whtch support the chanly and ils and aclivil*s.
il Operatlng leases
Renlai charges are charged on a straight line basis over the terni of the lease.
jl Tangible fixed assets
Ilems of equipment are capilalised Whe￿ the purchase wice excee(Is £1.￿0. Depreuats'on Is provided
ai rates ￿l¢vIaled to write down the cost of each asset io its esknmaled reshdual valve over ils expected
LJ5eful life The depreciatK)n rates use are as follows..
Fi¥lures and fillings
25% reduoThJ balance mel
kl Debtors
Trade and other debltys are recognised al Ihe selllemenl am￿nI due after any tr•Je dtscounl offered.
Prepayments are valued al the amount prepaKI nel of any Irade discounts due.
11 Cash at bank and in hand
Cash al bank alld cash In hand Includes cash and short lemi hrgpty liquid Investments with a short
maturity of Ihree monlhs LY less from the dale of acqu¢$it￿n or opening of the deposit or similar ￿¢0￿￿1.
m) Credltors and provisions
Creditors al￿ provisions are recognised wfwe the charity has a present obligation resuliiro from a past
evenl that will probably result in the transfer of furmls to a third party and the amount due lo settle the
obl￿3140n can be measured or eslimaled relk4bly Cre(liloKs and [￿ls￿￿s are n￿MallY recognised at
their selllemenl amount aftec allowing for any trade d6counis due

Parlsh of St Gi108 CambefwoII
St Giles Church
Notes to the Flnandal Slatomonts - 31.112024
Unr•strlct•d R•gtrlcled
Funds
Funds
Total
2024
2023
2 (a) Donatlons
Planned giving
Tax recove￿d
Donations & collections
19.964
1,835.43
1.781
19,964
1.835.43
1,781
22,242
23.580
23.580
23.194
2 {b) Othor tradlng actlviti•s
Parish hal ￿ntaI {Choir Sch¢x4)
Parish hal rental {Soulhwark Crynmunity F(KxYbank}
Parish hall rental {olher)
Centre office rentsl
Centre hall rentsl
Centre accomodation rental
Crypt rental {otherl
Jazz Umbrella (Quartedy Rertall
5,000
16,920
19,793
15.523
7,133
35.340
3,000
16.920
19,793
15.523
7.133
36.260
10,562
1.770
30,115
12.048
12.048
14,682
111.757
111.757
96.389
2 (CP Inv8slm•nt Incom•
DivideThJs Paid
Bank interest
250
250
2 Idl Charltable Actlvftles
Parish fees for weddings and funeras
Main Church hire (occasional)
Parish events Iwalsinghaml
6.757
593
7.371
6,757
593
7,371
7.831
9.171
14.721
14,721
17.864
2 {el Other Incomlng Resources
Charity Support ￿lIdIng Fund
Misce118neous Income
100
1.121
1C
1.121
763
1.221
1.221
763

Parfsh of
St Gllos Ch￿h
Not•s to the Fln•nGial Statements - 31.12.2024
unrestrict￿ R￿tricted
Funds
Funds
Totsl
2024
Tolal
2023
3 (a) Cosl of fundralslny
ceftl￿ deaning et
Raising funds
Just Giving
127
958
958
3 Ib) G•n•ral Church exponses
Diocesan quota
Parish even15 (Walsingham)
Other events cost
Admin and offKe expenses
Parochial fees due lo Dilxese
Safe Deposit Box Charg8
29,170
7.315
29.170
7.315
32,000
.772
811
14.516
5.894
810
13.639
13.639
.124
50,124
62,802
3 Ic) Malntenan¢¢ and runnlng cosls
Church utilities
Church insurancé
Church upkeep
Church upkeep of semcès
Parish hall utilities
Parish hall upkeep
Centre ulililies
Cenlrè insurance
Centre upkeep
Centre rant to diwme
Crypt ulililies
British Gas Boiler Maint. Contract
Xi,521
14.809
8423.66
8.164
9.234
4.832
3.535
20.521
14,809
8,424
8.164
9.234
4.832
3.535
19.017
14.018
5.137
8.094
6.010
2.019
14.251
1.044
598
3.374
8.127
8.127
78.6SYI
78.6>)
78.164
3 Idl Repairs & Refwblshment
Church repairs
Cenlre repairs
Parish h811 repairs
18.274
18.274
1,719
18.658
18.658
2.515
3 {01 Misc•llan•ous Exp•ndltur•
Donation to St. Matthews Chwch

Parlsh of St Gilos Camb•rwell
St Glles Church
Note5 to th• Financial Statem￿ts - 31.112024
S. InNYdtm•nts
HM Tre8SUry
HM Treasury
31r2 %WarSk
2 112 % War Sirxk
2LN)
2rxi
O.C•8h •1 bank and In hand
St Giles Curre￿1 Aco)unt {Bafdays Bank)
St Giles ChLwch Fatrt FuThJ ICCLAI
9.725
6,878
229
7.107
7. AmO￿tr falllng du• wlthkn y
2024
2023
8. lanounts f*tllng thJ• aft•r on•

Parlsh of St Giles Camberwell
St Giles Church
Notes to Financial Stalements - 31.12.2024
9. Analysls of Fund Balan￿5
Asat
01-Jan-24
Income Expenditure
Asat
31-Dec-24
Restricted
Unrestricted
7.407 151.278
(148,431)
10,254
7.407 151,278
(148.431
10,254