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||Page|
|---|---|
|Reference and administrative details of the charity,itsTrusteesand their advisers|1|
|TrusteesReport|2|
|lndependentExaminer's Report|3|
|StatementofFinancial Activities|4|
|Consolidated Balance Sheet|5|
|BalanceSheet|6|
|Notes tothe FinancialStatements|7-11|





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|FORT|<br>HE YEARENDED31DECEMBER2024|||||
|---|---|---|---|---|---|
|||||2024|2023|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|Notes||*.|f,|f,|f,|
||Income and Endowments|||||
|2|Incomefromdonors|23,638||23,638|29,649|
|3|Othervoluntaryincome|14,977||14,977|19,477|
|4|Incomefromoperatingactivities|528,939||528,939|426,846|
||Totalincome and endowments|567,554||567,554|475,972|
||Expenditure|||||
|5|Costofgenerating funds|171,788||171,788|134,496|
|6|ClergyandStaffingcosts|186,715||186,715|131,667|
|7|BuildingandMaintenance|108,561||108,561|60,188|
|8|RunningCosts|43,090||43,090|41,852|
||CommonFund|62,000||62,000|50,000|
||Expenditure|572,154||572,r54|414,203|
||Net movementin funds|(4,600)||(4,600)|61,769|
||BALANCESBROUGHT FORWARD|260,479|4,000|264,079|202314|
||BALANCESCARRIED FORWARD|255,479|4,000|259,479|264,079|





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|CO|NSOLII}ATEDBALANCE S|HEET AT31DECEMBEIi202|1|||
|---|---|---|---|---|---|
||||2M4||2fi73|
|Noter|||f||s|
||F'TXEDASSETS|||||
|I|Furniture and Equipment||17567||6,681|
||CURRENTAS$ETS|||||
|IO|Cashand Bank|258.053||263.&?6||
|u|Stoek|7,2V1||5Jr8||
|t2|Dekors|4.tM||7,?55||
|||269,488||276,949||
||CURRENT LIABIT,ITTES|||||
|t3|Accrua!s|2,000||2,0s0||
|14|Creditors|25576||29,221||
|||2V,976||31,221||
||NET CURRf,NTASSETS||24t.512||245,728|
||TOTALASSETS LESSLIABTLITIES||259,479||252409|
||||-=:|||
||ATIALYSTSOF FI}NDS|||||
||Unrestri*ed||255,479||248,4W|
||Rexricted||4,000||4,000|
||Total<br>Theaccountswere approved by|259.479<br>tgn^a?ot5===E:qE=<br> theCouncilon,,fndsignedonits behalfhy:PaulKennedy<br>W|||252,409<br> @=:Ta:=<br> (6uildVicar)|





|GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY|GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY|GUTLDCHURCH COUNCII,OTSTMARY ALDERMARY|||Page6|
|---|---|---|---|---|---|
|BALANCESHEAT AT3IDECEMBER2{T24||||||
||||z*:tA||2fi23|
|NOTES|||g||c,|
||FD(EDASSETS|||||
|l6I|lnvestrnentinStMary Aldermary$rading)I-td<br>Furnitureand Equipment||24,254||24.250|
||CT}RRENTASSETS|||||
|IO|Cashand Bank|196,625||1&4,102||
|t2|Debtors|4.164||7,?55||
||l,oan toStMary Aldennary(Trading)Ltd|u,739||70,956||
|||265,5?g||262.8r3||
||CURRENT LIABILTTTES|||||
|13|Acenrals|I,000||1,0CI0||
|l4|Creditors|II,971||5,952||
|||t?.971||6"852||
||NET CURRENTASSETS||252,557||255-961|
||TOTALASSET$ LESSLIABILITIEfI||216,&fi7||280,2tI|
||ANALYSTSOTFUNDS|||||
||Unrestrieted||272,807||276.21t|
||Restricted||4,000||4.000|
||Total||276,90?||280,21I|





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|Incomefromdonors||||
|---|---|---|---|
||2024<br>t|2023f||
|PlannedGiving|5,510|6,000||
|CollectionsandOtherGiving|16,927|22,t93||
|GiftAidRecovered|1,201|1,456||
||-11,a$||23,638|
|||-2g,649||
|Othervoluntaryincome||||
|Grants||||
|Trustfor London|1,290-|1,290|1,290|
|TrustforLondonBoiler50%o||2,285||
|Diocesan Fund||2,600||
|WorshipfulCompany of Cordwainers||1,750||
|City ofLondonToiletScheme||720-||
|ICS|567|||
|CommunityEnerryFund|7,500|||
|LPOWGrant|2,720|2,832||
|LegacySMelluish||8,000||
|BurialFund|2,500|||
|Tank Regiment|400|||
||14,971|19,477||
|Incomefromoperating activities||||
|Church Yard Trading Stalls|60,376|60,376|106,454|
|Rental: Orthodox Church|36,825|33,750||
|Rental: Income Other|5,175|||
|Salos|393,485|299,271|299,271|
|Feesforweddingsandfimerals||||
|Rent fromBuilding|29,000|26,000||
|Bank Account Interest|4,078|1,694||
||528,939|426,846||





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|NO|TESTO THEACCOT]NTSAT31DECEMBER?O24||Page 9|
|---|---|---|---|
|5|Costof generating funds|||
|||2024|2023|
|||f.|g|
||GiftAidandCollectionFees|||
||Performance andPublicityCosts|2,959|2,700|
||BankCharges|6,616|5,570|
||CostofSales|109,699|84,822|
||VAT|52,515|37,404|
|||171,788|130,496|
||ClergyandStaffingCosts|||
||StaffSalaries|165,130|118,608|
||EmployersNationalInsurance|7,454|2,501|
||EmployersPensionContribution|10,647|7,357|
||Payrollbureau fee|r,564|1,493|
||Training|902|1,496|
||Recruitment|18|36|
||GuildVicar|||
||-PastoralExpenses|1,000|176|
|||186,715|131,667|
||Theaveragenumberof employeesin2024was7.|||
||BuildingandMaintenance|||
||lnsurance|1,543|747|
||Rent|29,000|26,000|
||Church maintenance|13,758|20,895|
||Costof Applying forGrants|31,656|4,637|
||Electricity|18,365|24,180|
||Gas|11,153|6,009|
||Water|218|2t3|
||Equipment Maintenance|2,868|3,507|
|||108,561|86,I88|





## 

|NO<br>8|TESTO THEACCOTINTSAT31DECEMBERa<br>RunningCosts|Oa|Page10|
|---|---|---|---|
|||Year to|Yearto|
|||2024|2023|
|||g|s|
||Equipment|3,919|3,522|
||Cleaning|17,392|9,079|
||WorshipCosts|7,747|7,179|
||Telephone|1,921|1,833|
||IT|1,099|316|
||Postage,printing,stationery|522|829|
||Donations|15,000|19,711.|
||Governancecosts|1,990|1,980|
||AdministrationExpenses|1,018|842|
||DepreciationofFurnitureandEquipment|4,492|2,567|
|||43,090|41,852|
||FixedAssets|||
||Furniture&Equipment|||
||Costat1January|18,171|17,295|
||Additions|14,668|876|
||Costat31 December|32,939|18,171|
||Depreciationat1January|10,380|7,819|
||Depreciationchargeinyear|4,492|2,561|
||Depreciationat31December|14,872|10,380|
||Net Book Valueat31 December|n,gal|7,791|
|10|Cash&Bank|||
||Bank Accounts|257,004|262,899|
||PayPal|1,049_||
||CashFloats|||
|||258,053|263,876|
|l1|Stock|||
||HostConsumables|7,271|5,318|
|||7,271|5,318|





## 

|GTIILD CHURCHCOI]NCILOFSTMARY ALDERMARY<br>|||
|---|---|---|
|NOTESTOTHEACCOUNTS AT3IDECEMBER2O24||Page11|
|12Debtors|||
||Year to|Yearto|
||2024|2023|
||f,|g|
|Gift AidRecoverable|||
|Grant Receivable|||
|CommunityWeekendAway||:|
|Outstanding RentalIncome|4,164|7,755|
||4,164|7,755|
|13Accruals|||
|Govemancecosts- lndependentExaminer|2,000|2,000|
||2,000|2,ooo|
|L4Creditors|||
|BuildingandI\{aintenance|11,293|5,679|
|Cityof London Recovery Funder Grant remainder||9,928|
|Rental Deposits|2,300|2,300|
|Creditors||632|
|VAT|12,383|10,682|
||25,976|29,221|





## 

|NO|TESTOTHEACCOUNTSAT31DE|CEMBER2024|||Page1|
|---|---|---|---|---|---|
|15|Movement off,'unds|||||
||Fund|at0ll0ll24incoming|outgoing|gains/|at31112124|
|||||losses||
||Unrestricted|260,079567,554|572,154||255,479|
||Resfficteddoors|4,000|||4,000|
||Restrictedpayroll|||||
||Restrictedbuildingmaintenance|||||
||||572,154||259,479|
|||-264,079-567,554||||



## 

||2024|2023|
|---|---|---|
||f|c|
|Turnover|393,478|299,235|
|Bank Interest|844|249|
|CostOfSales|10g,699|84,822|
|GrossProfit|283,779|214,413|
|Rent|29,000|26,000|
|Staffing|t57,077|105,162|
|VAT|52,515|37,404|
|Other Operating Expenditure|47,227|46,007|
|Giftaided toParentCharity<br>OperatingProfit /(Loss)|_rtt2ot|89|
|ShareCapital|24,250|24,250|
|Reserves|(77,328)<br>_5sn_|(26,058)<br>_!.0qgl|
|FixedAssets|17,967|7,791|
|Stock|7,271|5,3l8|
|Loan fromtoStMary Aldermary|(64,739-)|(70,956)|
|Cityof London Grant carried forward||(9,928)|
|Bankand Cash|61,428|79,774|
|Creditors|(15,005)|(13,809)|
||_qru_||