2024-12-31-accounts

Ch¥itable IKorporated Or8anlsatlon: 116319S THE DIOCESE OF NORWICH CHURCHESTRUST TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

THE OIIKESE OF P40RWICH CHURCHESTRUST CONTENTS Pa8e Reference and adm1nlstra￿ve dttsiis of the charity. Irs truste¥5 and advlsers Trustee5' report Statement ol financlal actl¥hles Balance sheet St•t•m•nt ol tash flows Notes to th• flnanclal ststèm*hts 8.10

THE DIOCESE OF NORWICH CHURCHES TRUST REFERENCE AND ADMINIStRATIVE DEYAILS OF THE CHARITY, IfsTrusTEE'S AND ADVISERS FOR THE YEAR ENOED 31 DECEM8ER 2024 Trustees The Ven Steven Betts, Archdeacon of Norfo Thè Ven Keith Jarnes. Ar£hdeaton of Norwich The Ven Catherine Dobson. Archdea¢oTh ol Lynn Tirn Sweeting ao Re8hi•Md Numb•r 1163195 Pr5kKlp•l offl¢• ILP) Dereham Road Easton NR9 SES Cl•rk &Tr•asur•r Tim Sweèti A¢wunts Prepar￿ by Norwich Di0￿$)￿ Board of Finance Lid Diocesan House 109 Oereham Road Easton NR9 SES B•nk•rs rclays Bank Plc 57 London Street Norwich NR2 IHS Soll¢btor5 8irketts Kinglisher Hw5e l Gilders W•v Nornwch NR3 IU8 Pag811

THE DMXESE OF H￿1￿CH CHURCHES TRusr TRUStEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual directors. report iogetherwtth the hnancial statements of the charity lor the year ffidlng 31 December 2024. The financial statements complf W¢th Charrtie5 Art 2011 and Accountlng ènd Reponing by Charftles.. Staternent ol Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the VK and Rewblic of Ireland IFRS 1021 (effective l January 20151 Obje¢tfves and artl¥ltles The advan¢ement ol the Christian Gospel and faith wthin the Diocese of Norwich by providin8. administerfng. rnaintaiThin& repairin& renewing and replaclng churches or eccsesiastical buildin&5 licensed for public worship In a¢¢ordance wth the Chrfstlan f•ith as re(eNed by TheChur¢h of En8land. Pubmc B•n•fft The trustees ronnrrn thal. In exerclslng thelr powers •nd duties. Ihey ha¥e ¢omplled ¥￿th thtlr duty to have due regard io the guidance OTh publlf behtfit published byth¢ Ch•r6ty CoffjmNion. The Chur¢hes carry out serwces of worship. marria8es. baptisrns and fvnerals whkh •re attended by the 8eneral publlc and ?nrlrh•% Inral rrMnmiJniiip4 by th prthithn ol the5• Mr¥lw. Strurture. eo¥emance and manaeemeTht Structur• Tht tVU5t W35 founded on the iWAu8ust 2015 3rKI Is a Ch•rit•ble IrKorporated Or8anisation. Me•tln8S The trustees have Met on an ad-ho¢ basis durin8 the process ol *stsbli5hin8 ihe CIO. Trust••s The trustees are the three Archdearons. in the No￿￿ch Dlo¢ese, along wrth the 0￿Cesan Seuetarylchiel Executlve of the Norwich Dioce￿￿ Board of Finance Limited. The trustees recefve no remuneration lor their work and the charmi does not have anv Salaried empl¢)vees. Rlsk Man•8•rn•nt The Trustees havè 4$5e5sed the major risks to which the tharity 15 eMposÈd. in particular those related to the oper4tK>ns and finonces of the charlty. and are 5at15fled ihai systems and proceduves are In pla¢e to mitSgate our Èxp05ure to the major rlsks. Related partie$l￿nnected Charlty The Norwich Diocesan 8oard ol FiTrance Limited was incorporated on 28 Marth and is a connected charty of the Dk)¢e5e of NorvAch Churches Tvust. Pagè12

ThE tNOCESE OF NORMCH CHURCHES TRUST TRUSTEES, REPORT FOR THE YEAR ENDEO 31 DECEMBER 2024 A¢hie¥ement and Perfomiance Lasin8 of ch￿rd￿$ At ihe beginnin8 012025. there were e￿hteen ¢hurche5 leased to the trust. Flnanclal Review Flnanclal PerforMa￿t The trust rece¢ved Income of É58,603 in 202412023 £40.4841, this income relate5 to collections at services, statutory parochial fees. fundraisin8 and other donations. The res￿u31 balance at year end. along with the grants from the All Churches Trust. the Anfie French Memorial Tiusi and the Norwich Diocesan eoard of Flfiance L¥mited bein¥ treated as deferred income Is £61,92412023- £32.1251. OF the eiBhteen churthes in the trust, sevenieen of these no lon8er have any funds and are beèn funded from the nrestrlcted fund5. A5 at the 31" De¢ember 2024, delerred unrestricted funds stlrbd •¢ £61,9241£32,125 in 20221. Reserves Pollcv Whèr ¥ Church 15 l•a%•d to th• trust. any IncomSn8 lunds are restrk1￿ for that specthc bulldln8. Thl Is also tho ¢4$¢ where eollections are made in Church, a statuiory fee is rece¢ved or any other situation where Income woulé otherwise have been passed io ihe PCC respwsible forih* twJildin8. The &r•nts recelved, totalling £8?.5￿ and Includi￿ an additional ifansfer in relotion to the lease of the Stanta Churches Icurremt balance E61.9241 Is an unrestrirted reserye v4hich is expected to be tssed towards the running costs of the tharlty bui primarily where ihe restikted funds ali8rsed to a church are eX￿USted. This Is to ensure that the buildlnÉ Is rnaintalned in accordaffe the lease. Du¥ Lu Llit Luiiii7iiirneni vf fundin8 a bu1￿1￿@ from unrestrlcred funds iapproximaiely £2.CO) per church) and the timing to obtain additional irant fundin& the trustees mon¢tor unrestricted reserves to ensure thar they do not fall below 2S,QOO Iyr 4 prolonsed period. Goln8 Conc•rn There are currentty suffi¢ient feserves1É61,9241 io be able to mainiain the le¥el of pro¥lsion at the current level for the next twelve months. Additional unrestricied ftsnds of £495.030 are also available to the trustees and a decision on h¢Jw thls will be depl¢)yed Irepasrs to churches and Invest￿Trt of residual fundsl ts to bE dixu55ed in 2025. On thls basls. Ihe trustees are satisfied th￿ the￿ are syffi(ient assds to ¢Nsure that the chorrty can continue to lulfil it5 obligations for the Thext twefvÈ months. Fundrablng standards Intorm•tlon The Trust dDe5 not raise funds from the public Yia lundiaisinA ¥tivities. It may however take rollertion5 held at servlces in the Churches vested within the Trust. The Trust b$ not veKi5tered wth the fundrai%ing regutstor. No profe55ional fundraiser5 or third-parry commerclal participants are used. P40 complaint re8arding fundraising has been and tho advertlsing takes place regarding fundraissn8. Pa9e13

THE DIOCESE OF NOR￿cH CHURCHES TRUST TRusfEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Statement of Trurtee< Responsibilities The Trustees are responsib￿ for preparing the Trnstee's report and the financial statements in accordance wlth applicable law and United Kingdom Accountin8 Standard5 IUTrited ￿.￿gdoM Generall¥ Ac£epted kcountin8 Practice). The law appli£able to tharitie5 in England & Wales requires the Trystee5 to prepa￿ financial Statements for e3th financial year which give a true and fair viewol the stste of aff3ifS of the charity and of the incorne antl expenditure of Ilir ilidriiy lor that perbDd. In prepannu These flnancial ￿a￿mentS. the ¥rusiees are required to: selert suitable accountinA polides •Nd then ipptythem consisterttly.. observe the melhods and princip￿ In theChatltle5 Statement of Recommended Prartice ISORPI- rnake jud¢rnènts and è4tlm•ip4 tha ar• ahd prud•nt.' St•te whether applicable VK accounting standards h•vt l)een Idlowed, subject to any mateil•l departures disclosed and eX￿ained in the finaThoal st3iement5. prepare the flThanclal statements on the80iTr8 Conctm b•si5 vnle55 It Ls Imppropriate to presume that the Charlty wll contlnue In operatk)fi on the same basis from 12 months of the date of this report. The Trujtees art iesyuii>ibl¥ lui l¥eyin¥ accounring records that dI￿10$e with reasonable •ccu¥acy at anv time the finan¢lal Position ol the tharity and enable them to ensure that the finandèl staterneriS Comply with the Charitlgs Act 2011, th• Charlty IAc 2008 ond the provijlons of Iivsl Trley ore also responsible lor safe8uardin8 the ¥5sets ol the charity and hence lor taking reasonable steps fof the preventlon and detecik)n ol fraud and other Irregul?rftle5. This report was approved by the Trustees on 2 September 2025 •nd slned on thelr behalf. bv.. Tho V•n•rnble Stevèn b• Pag814

)23Tolal Tfirdtersin 14 4ts43 Pwoch¥l Fees L4iltyReknnd 7S9 2M70 51fj 21.711 25h 27A67 2J)78 3L136 Tc4•1 IMJJrn AdmiNstra¢ 55 .587 3JJ46 JSO79 JJ 41MS Jg570 (1&5711 io Toll ltywty414t I Ivwry1024 $8,613 75Mg1 Pa8*5

*T31 D￿£￿t￿lI 12x517 CCLA Dtbtors iojis 6)l491 6L914 Jt125 5BMa UrrtJlrict•dfundi 613 PItE6

FOR THEIW JIDKEWtA1014 46.723 ￿￿4 7n 125.517 7BAZ4 riit Incorr 0•¢r•￿Ill￿(rlaS•j 15.019 16.410 17551 113h)91 518 n3 IN6 Cash 74￿14 P4e7

THE DICKESE OF WORWKH CHLIR(HE5TRUST NOTES TOTHE FIIIA14CIALsfATEMENrs FOftThE YEAR EIIOED 31 OECEMBER 2024 l. At￿￿NtInE Pollcles 1.1. Basls of prepa￿￿0Th of finantlal siatements The account5 (financial statement51 have been prepared underthe historicalcostconvention with items Tecogni5ed at cost or Iransadion value unless Otherwise slated in the iele¥anl notel51 tothese attounts. The finèncial statement5 have been PTepèred in accordance wllh Ihe Staiement of Recommefided fvactice". Accoun¢ifiBand Reportlng by Chèrities preparing their accounts In accordance wi¢h the Financial RewrriThgsrandaid applicable in ihe UKand Republicof Ireland IFRS 102115sved on 16July 2014 and the Financial Reportin8 Standard ap￿ICable in ihe United ￿ngdoM and Republic of Ireland IFAS 1021 and the Charities Art 2011. The TTU5t constitutes a public bentlit entity as dèfined by FAS 102. 1.2. In¢omlni resources All In¢omln8 resour(e541e In¢luded in the 5t4temen¢of fin•n¢ial •divilies ¢n In ¥¢¢wa15 ￿545. 1.3. Reswrcese#pended All expendiiure15 a¢¢ounted for on an &¢rua15ba5i 2. Incomefrom Unrtstrirted fvnds Restrfttedfunds T•thllund$2024 Tot41 fund$ 2023 Donations 21,75S 1,078 Z.313 4,S43 21,755 1.078 2,313 6.302 25.640 16,410 290 1.999 2,870 18,73S 80 100 Statuiory Fee5 Gran1& Rental Income Legacles 1,759 25,640 516 58,fA)3 27.467 31.136 40,584 3. Expendllure by Charitable A¢fjlty Llnrtstrirttd frjnts Restrirtedlunds Totalfvnd$2024 Totsi fvd$ 2023 Bank Charges Churchyard Inspection Insurance Misc 56 56 55 432 7,563 11,997 23 651 340 3.013 24,074 3.330 11,465 11.048 IIA65 12A81 5,089 Roof Alarm 2.065 43.554 1,889 41,665 PaBe 8

TtahslEI liom Deleryed kn£om 127.4421 127.4421 27.44Z 27.442 Thetran$l¢i fromdtferrEd inwmewasthadttomaich defKiioftrntral Elpe￿d￿tsre, bein8fIM9a￿d tP Iransferto co¥erihtdtfi(ir olexpeTrdrture kicuNtdWhwe￿lffje1 luAds receNtdfr(Ththeri5heshJd beenoxhausted Ich for 2024wa5£25,5$312023". £II.0341. S. D•btW5 Prep4yments a￿a aterud In¢ory ETher￿ Refwd L•8aCY nations•ndColknkMS P•i¢chlal Fees 9.7JO 10,420 L551 10.91S I2￿71 Thiscomprlse5 of Insur•nce Iht wiod 1st Jaruary))25to 28th Septernber 202SIÉ9.7301 and Larg1 service £dlecti•hJ vid Dto the bank Injanu￿202s. There Isa fiel bhtèol E70)In parochiii leo$d￿ Ir&Mmiht Norwch •ts¥Th Bwrdof FIMn¢• Llmu¢ed. l. ¢r•dito ¢rndiifiN Olhereredikns 2023 127 12? 846 846 Deleri•d 4rKomt 61.924 61.924 32.129 31125 amouTrts￿I1AIdUe￿IIth￿ on•Trar¢tymwi5e5 DI E576thkh rebtests uWitS blbtd ml2025for2o24￿S19e and U70 In rtlatiOhiQ •Lirmc05t5 Slbn8the ¥eai, hoTvustee5 receNed anyreM￿￿ErlUQnIzoZ3.' nill JiiwthÈ¥tai. hoTvustee5 recerrtd anyb￿e￿I5 In kind{2023". c￿ri￿1h￿￿W. r￿Ti￿ste¢st*CeVrtd an¥r0kntr￿f3erf￿th1tsf expEnse$11023.' Pa8e 9

Fund .467 12557B Fuv cwie¥. 5t ilmiir bryThStt4d StPÈter&ndtsJ. 1.94S

.5 2.M? 2.961 LJ46 zio l579 StMyiÈt. QhhorpplPlw) 51 Lmence. IN¥rtrth Sl Liwron¢È. WtyThlfjr•lJl L231 314 17.175 SI NIthDth.ShoroloTd Al S•m& 5rtrthp1c￿Iwn L456 2fy1 976 3025 2.429 1.675 5.IlS Ai 5wntsWuinhw+ 167 451 lJJ9 36.IC4 rw 2.170 Irido 2,775 2.723 JLX16 41.66$ 73 73MI Fun 27.467 3L136 125.5711 7B n,6•2 nm2 Cwrerf•5#ti 495.0 73A92 711 P¥e iv

THE CHURCH OF ENGLAND Diocese of Norwich Independent Examiners Certificate R•port to th• trustBeW m•mbvrn of.. On accoun18 forth• year ended.. Ch8rlty no111 any).. l Teport lo Ihe truslees ￿ my 6￿MIna￿On of the accounts of the atKJve tharty fthe Trust'l for Ihe year ènded311 Lil R•$pOnsibl￿tI•s and ba$l6 of report A5 the chantls Irustee8, you are respc￿%b￿ l¢¥ the preparaiicm L ¢he acwjnts in o¢c¢yd8nce wilh the requlrernenw ol ¢he Charrties A¢t 2011 I-the Act'l. I report in respect of my examination of the TNsi'$ a¢￿￿nts camad under secbon 145 of the 2011 Au and in carrying out rny exarnlna1￿n, I have folowed 911 the •tplicable Directi￿5 given by th¢ Charily Commis&on under section 1451Sllbl olthe Ad. Ihdependenl examlnVs slaleme trhe Ehanty's gro$$ income exceeded £250.000 and l arn qualrfie(I to undertake the exarnin8lion by being a qil8lified member ol I ll. Delettr l]rfnot applicabl8. I have complelèd rny examinalion. I confirrn Ihal ro rnaterial matters hav8 r￿me lo my att8nlion in connection wth Ihè examinatjon I Ihal in. any m81eral r•spècI ') ich gt¥es me cause 10 beleva • thè arxount5ng rEcords were not kopl in 4ccordants 4%•lh secon 130 of thtr Ch8rilies Act.. th8 4ccourils did noi aCC￿d wilh thè aCc￿n￿n9 r•wd6.' or • the a¢counl$ did not I￿pIY ¥ilh the applicab￿ reouirernen¢s C￿cerning the folm 8nd coniont of •¢¢ounrs sei out In Ihe Chanties (Accounis anij Rapcvtsl Reguk811(￿s 2008 oth•r than any Ituuiremeni thai ¢he accounis give ¥'tnJe WKI lairf ￿eW whith 15 a maller Con￿￿￿ed as p8ri ol an Inllependeni examin￿10n. I have no c￿nCernS have como across no other maNeTS in connedw)n wlh the axamlnatlcn to Whic￿ attenli¢)n should be dfavm in this re￿ in order ￿ enable a proptr understsnising ol the a￿OUnts lo be reache(l. ' Pbase Ltslete Ihfj bvord4 in tho kKaGk¢ts rflljey do nolappty. $1gned.. Name". IER Oct 2018

Relevanr proressi￿al qualificationlsl or b lif anyl Addr￿. OR S•ction B Dlsc106urq Orbly Complete If the examiner needs to highli8ht materlal matler5 of concern (see CC32, Independent tyamlnaiion of charlly accounts." directlon5 and guidance for examiners). Gtve her• brlef eta115 of ny Items that the ¢x4mlner wlshes to dlsclos• IER Oct 2018