Plymouth Partnership In Mission Annual Report and Financlal Statements For the year ended 31 December 2024 Addressfor correspmdence." The Old Deanery, The Cloisters Exeter, EXI IHS Chair of Trustees- Venerable Jane Bakker Independent Examiner: Mr lan Barrett 22 Union Street Newton Abbot TQ12 2JS Bankeis: Natwest Bank plc, 59 High Street, Exeter. EX4 3DP Plymouth Partnership Sn Mission is a Charltable IntorporAted Or8anisatlon. registered with the Charity Commi55i0n (No. 1180154}
Plymouth PartnersNp In Mlsslon Cobltents Amual Report Independent Examlneffs Rewrt Statement of Flnanctal Adivittes Bala Sheet Note5 ty Ihe FknpncFal Siatements io IIPage Plymomtll Partnership in Missioii RegislerÈd Chorily No. 1180154
Plymouth Partnwshlp In Mkslon ANNUAL REPORT for the yew ended 31° December 20Z4 Alm and Purpose The primary alm of pUth Partnershlp in Mlsslon (the C> is to bring the uTr-churihed and de<hurched people Ilvlng Sn three deprfved Plymouth estates to krwledge olthe falth and partlclpatlcm In the church through serie5 of new church plant& The CIO also alms to fulfil its Christlan rnlsslon through avItIeS aimed at alleviating povertyand as5iStlng thosewlth disabllliie& ObJgCtlv85 and Adlvltl Plyrnouth Partnership In Mlssion IPPIMI wa5 established In 2018 under a Btsho$ Mlssion Order"to advance the Chrlstlan faith for the benefit of the publlc INlng In the Clty of Plymouth_ by the plantlngof new congregatlons Into areas wlth a low level of thurch partlcipation.. PPIM was established as a Charltable Incorporated Organisation on l October 2018. and the ao is responsible for mana8if¢gthe Mission Inltlative In accordance wlth Its constitution. When planning our artivltles, the CIO ha5 considered the Charity COMM510$ guidance on pUbr beneflt Ènd In partlcular the speclfit guIdae on charltie5 for the advancementol religion. NLW conEregatlDns have en planted tnto the following four thurch buldiry.. St Atdan's, Ernesettle; St Chads. Whltlew. 5tJarne¥. Harn and St Mark'4 Ford. Achlevemenl$ and performance St Aldan's 2024 was a year of stea<fy faithfulne4 surprising prowsion. and qutet transforrnton here at St Aidarfs. We give Ihanks foy God's continued presence on8 us as we worship. serve. and seek the flourishlnB of our communlty In Ernèsettle. Thls year we've seen new facesjoin us. long-temi prayers answered. and a real fruitfulness through our VI0 to express the love of le5US to those around us. Whetherthered on 5tsndays. scattered In the week, or partnering wlth others acioss the Estate, our heart has remained the same. to love Jesus, love one another, and share hope wlth our nel8hbows. Worshlp and Spirltual Ll Our Surnlay 8atherin8s have Continu to be the heartbeat of ourchur¢h, drawlng together a faithfvl comNinlt¥ of all ages. We've embraced a blend of worship. teaclNrtg and ministry held together In charlsmatlc openness. creatln8 spacè for both reverence joy. Wdve wekome(I new people into worship. deepened our rh¥thrr of prnyer, and explored Gods word vth honesty and eycktion. We held service5 across the seasons of the Church year. drnwlng together not only our regular con6regatlon but member5 of the wlder communlty- Chllen, Youth & Famllles Our chIldn,5 minlrtry has remained a place of ene and growth. ThkS to our Youth Pastor, Slanne, and her comtted team of volunteers, we've contlnued to olkr SyrKlay ¢hlldren's grpS as well as mldweek engagement throu8h a ran8e of dlffeient groups and seasonal events. In the summer, we ran a very successful serlts of Summer stay & Play days, welcomlng both ¢huTth and local children. Youth engagement remain5 a challenge and oprtunity. We've begun to explo partnerships and new ways of connectin8 wlth teÉnagers in area and hope to imest furtl*r in thts In 2025 with provlslon of a reimagined youth café. 21Poge Plymouih Parlner,rhip iii Mi3&ion Regi.fiered Cliarily No. 1180154
PfyThuth Partnershlp In Mlsslon Mln15try and M15slt)n At the he4rt ofst Aldan'$ Is a callin8 to love our communitynot only in WOTds but in ¥tion. 2024 has bÈÈn a year where that commitment to practical conwa55ion and neigFknurly preseno has grown and deepened through range of min15trles. Seosolt Café The Sea Salt Café, continue5 to be a 3ce0fWarMth, welcome, and conversatloN Open throughout the weeL it ha5 become a meeUng place not only for our chwch frdmlly butfor many Inthe wKler Ernesettle communlty. Whether people come for affordable food. frteNlly faces, or simpty a vrdrm space to sit. the ofé ha5 helped te break isglation and foster COnnecn. We a partitularty grateful for ourvoluntsers who ta6thfully serve drinks, meals. and hosplt8lity-and for the slDrfes that have been shated overcoffee and cak Communlty Larder ondFaodbank Food Insewrty rema1 ¥ presslng Issue for many In our neiBhbourhood. we have been prlvlleEed to parlnet with othets to ofler tsngible support. The Comrnunity Larder. hosted on-site at St Asdan's. has pmwded a55 to Pa5t-best.before food In a dtgnlfted afid frlendly Setti helping famHles stretch tht budgets. Aknngside thl we've contlnued our Foodbank continues to offer emergency f(xxl par¢e15, slgnpostlng support, and practlc81 I[p to those in cr. Every bag packed and every corlversatlon held has beèn an expression of Gods care for the vulnerable, ChrlstlansAg&lnst Po¥ertylCAPI Our partnership with Chran5 Agalnst P0hS ten a ¥ttal part ol ow outreach th15 year. Throu¥h CAP, we've been able to walk alongside lfidividuab and families facing the hewy lyjrden of debt. Thi5 ministry goe5 beyond fin3ncial ad-rt offers kK)pe, pwer, and frndship * a time when mary feel overkthelmed. Wdve seen11 5tablllsed. conflder re5tOTed. and in some case5, fdith rekindled. OurfAP work remalns a key aa where we see both sodal ju5ttce and spidtual rene¥rdl at work de by side. The Den Ltnked closelyto ourwlderlhsion of hospitsltty presen. the plans forThe Den are gainlng Ira¢iion 45 we look to create a hub for relationship. creativity, and Care forall young people on the esme. Whether through drop4ns, themed events. or 4uleE cups oftea, The Den will help us offer con$15tent, a$s1b1e presence In Ernesettle. It's a place where young people canbe kfN)wN whEre tlw feel Safe. and where hope for the future Is quietfy cultivated. We're excited aLK>Ut what tN5 5paco mlBht become and ConnUe to explore ways of developlng It fvrther In the yearahead. P•storg1 Care and Dlsdpleshlp Pastoral (are continues to happen falthfulty-quletty and rela¥nally-throU8h Ix)mevlslts. phone calls, aThJ Infonnal support. Wetre offered prayer ministry after 5tts. cOnnUed to SUPFOrt those tacing illness or bereavement, and journe1 with indlvlduaLs at stsgeof tslth. small groups and Ble studles have been a conslrtent lace of encourdgement and growth. though we rec(6nlse the need to deepen these rhythm5 and drnw more people Nito kntentlonal disthpleshlp In 2025. Bulld1 and Finance Our church buildin8 has remained in good conrfrtiC•n throutthe year thanks to theonBoill8 care of our 5h4dow PCC and a group of dedicated vdunteer5. Flnanclalty, challenges remain, Giving has increased steady, aftd we arÉgYètefvl to all who glve falthfulty. We continue to pray for pro¥i5ion a5 we pursue mixsk>nal opportunltles. Indudlng further deveh)pment of The t)en. Grdnt applicth)ns and fuTrlln8 partwshlpA ftmain on iThwrtant p¥t of 0urflnancia1fvtu. Looklng Ahead As we step Into 21)25, we do so wlth qulet confidence ajxl expectsrt hope. We sense God dtswing us deer Into community, deeper Into dIpIesp and deeper Into w3yer. We want to see rnore people come to knowjesus more 8 people find behjnging and pwm, and more of Emesthe transfom*d by falth, compasslon, and a deep love forone another. 31Page Plymoutlt Portnership in Alissioir Regislered Churily No. 1180154
PfyThouth PartnersM> In Mission Thank you to e¥eryone-strff, volunteer51 partners. tNstees and friends-wlb) have made 2024 a year of grace and growch. We look fon¥ard io what God wlll do rtI 5t Chpd's St Chad's contlnues to grow in the communlty. cOnsoldati friendships and extendin8 its. reach. Our leadership team has also recently Brown providing further wisdom and wayer support as we dlscern the future of our Involvement In the ¢ommunlty. We have a dedlcated prayer Meetfj for the ¢cnmunlty e¥ry week which ha5 been going now for ov2r 2 years and proved invaluabl for erowing prayer mlnistry skills as well as alk)wlng God to speak Into the wider church settlng. Our two mld week sttjdy groups cOnne to thrfve and are valued by the church farnily. They provlde a real opportunlty to disdple and See people step up Into thelr gWtln8. We also now have a regularml¢ grcup that is In efie¢t a smo11 home grow) that enjoy music practice and leadln8 WWshlp from time tot#ne. We now have a thrivlng young peoples group called oxftf cuThently some 2Q cNldren beiween 6 and 12 yrs of a8e. A weekly meeilng of fun. Barnes, shaLknw boxlr skills and gospel"liFe' messa8e. PantS also attend and are fomiing frlendshlps such that during the sthool holldays we run soaal events to deepen those relat5ofishlps pastorally. The Sessions ha proved so popits we have applled for fundlng to pknt them Into St Mark5 and St Slmons church plants. On a wlder community level we have secured fundlng to Use a local bam on the estuary for outreach a5 well as a reBular famSly games night both of whlth briT¥ aboul new frlendshlps as well as 8row existing ones. St Chad's ThdaY gatherings ère always celebrated wlth Shar1 a meal on the last Sunday of every moThth and we c¢ntSnue to see and welcome new peOe to those a5 well as see a growlng church famlly particlpatloTh sn servSng physlcal food and The Word through sh8rfng and pread11. Stjamos 2024 was 3 steadyyearfor u5 as o thurch. We havè seen some new people loln as some have moved on. We had one indlvldual baptised at the beginnin8 of the yeaT and another at the beElnninE of 2025 after coming to faith frtjm a Christianity Expk)red Course kn 2024. We have condnued ourwork with the toddler group on Thursday5 and ran the church cafe for most of the year. We have run three big community events havin8 over people to each one. One of our COh8re8ation ha5 hosted h55 choir and the local School cholr at our buiklin8 whKh drdW5 over 200 peoF4e each tlme Ithree tlme5 yearl. We have run two food prolects &Jrlng N)Ildays to hdp famlmes to attend whlch continue to be around 20.30 ehlldren recel¥ln8 lunches. On Frtdays we h051 and are inwlbtd In the runnlng of a food coop by local people for local people. We have run evangelistic meetin85 In the eveni as weu as a set of training events to equlp belleveTr to grow. We tofitinue io flnd that thesurvjay conw8ion Is a 51milaw slze anfl are fcwed on runnln8 We look forward to where the Splrlt I11 prompt and lead u5 golng forward. St Mark's Since our1&8t rep(t, St Morys continue5 to grth¥ and Ilowish. wklY Sunday attendance has remalned qulte steady but we have seen growth In other areas of mlnlstryi partKularty in the more outreach stOe mlnSstrles which we're realty grateful for. REAL on Sunday, our Messy ChLYth equtvalent still malnlalns numbers of around 30- 60 attendÈes each month, but our youth uri)up has grown slgnificantly wlth re8ular number5 OF 16.18 eath week, all of wlych has come through word ofmouth from existlng members."On Your Marks., our babies and toddlers 8roup ha5 maintalned Its populartty with arnd 20 children u5 parents attending each week, It £ontinues tts provlde a reuular Income forthe church, and is a 8reat laurKh pad forfaith dlscussion5 and opportunitks to pray wfjth parents. In lune of last year, we sald goodbye to our SWYM worker Joe, and In hls 41Poge Plymouth Pttrlnei'ship in Misjioii Regislered Chartly No. 1180154
Hymouth Partnwshlp In Mtssion place a team of worKJerfvl volunteers ha$ 5pwng w to run our chlldren'swork on Sundays and throughout the wed¢. Thls has been a huBe blessln8 and ha5 created discipleship opportunities that prevlousty dld not exlst. We have also started to encoura8P some of ourteenaged young people to partake In leading 5etvices. We continue to make detislons viè the shackW PCC and now have a safegUardia officer in Pla whlth removes some of the pssU Irom jonny. Despite disCUS5Ksns. and regular womOin& Elwng continues to remaln a challen8Ci and therels some uncertainty as to how to rertffy ihls. That beingsaid. the recent Introductlon ofa 8lvln¥ machlne has hdped somewhat and some rtew standlng orders have been made. We also recttntlyacqulred and have fultytaken athAnMe olthe office space that was glftèd to us. turnlnB it Into thjr Sunthy kids room and weeYY01fth sw.asweM as a place of prayer and sorMvhere to run Alphal Jonny no ThBerbare5 any res$[bilitY for St the diocese are in the peof appolnting prtestty leadership to that church. As a result, we have been worknng wlth Froawd Way at St Thomas, Keyham for the past 8 months doing messychur(h there On a monilL Finandal Revlew Total receipts on the unresiricted General Fund were £19L735 and paynnts frcxn thls fund were £228.928 iving a delicit of £37,193 (before transfer of fundsl. Thls deficit Is the result of Spend eXdIng income in the year but uslre the 2023 5urpllls brought foNard of £91564. Near 33%of the Income In 2024 came In the form of Strategic Development Grant fvndin& with the bnce bein8 made up of a rapSts18rani crf £11,413 for the Exeter DI0San Board 0¢ Finance Ltd, kul 8ivin& Caf4 income at st AJan's and hall lettings. expendlture was Ma1 staff costs110 fion&dergy slaffl and the 8ra1 expenses assoclated wlth runnin8 church artivitles. Reser$ Pollry The malorlty of the Cl¢Ys fun¢fing tomes from the Stratewc Development Funding awarded forthe project. so the maln priority is to reeW the Income ond expenditure to ensure thi5 Brant fundlng Is drawn down to malntsin suffldentfunds for cashflow purposes. The Tnstees t) not feel a formal resetves pollLy15 appropriate atthls time. as gt Is usually dra down six month5 in ath¥at. Future Pkns The ori<inal fundlngw88 8ward8d for S ye8r5 ond has Thjw been extdedthrOugh to th8 end of 2025, Th18 was to 011owthe pl8nts more timelo recovorfrom thg Impacl ofthe pandemlG and to afford the trU8tee8 rnore time to explore howthe plants v4ill tsjntinue thè fundingends. The Dio(%se of Exeter commlg$lon8d & full reVIe of allchurch of England ministry provision acr035 the cltyof PIyTnouth w88 undertaken Ir) the second hall of 2024 grKI this will giiide thetru8tees In the declsions around the futuie 81ructureforthg church plants currantty oper8tw under PFIM. The Implemgfttetion otthe Plymouth Clty Revlthy Plan In 2025 detemilne theway in TCh minlry 8cros$ each of thè pisnts w11¢ntINeto be delNergd gnd th18 wiu include both thefutur8gov8rn8nce struelures 8nd the bulldings. whKh are cUenty leased from the Ioc81 par18h8s In whlch they are located, Fundlngwill al80 be sought from the Church of England's Strategic M188ion & Mlnlstry Investment Board to support the conlinuation of the work in the plants. Safe8uardlnB The CIO ha5 complled with the thjty under secuon 5 of the safeBuardl aeTgy Dixipllne Measure 2016 {duty to have rerd to House of ShOps, 8uldance on safeguardlne children aTKi vulnerydb adults). SIPage Plymouih Pttrlnership Missloii RegiJlered Charity No. 1180154
Plwmrth Partnwshlp In Mlsslon Volunteers The trusteES of the CIO would Ilke to thank all the staff and vonteersW1v) have W0ed so tweltyth1n the three Church plants io keep them going throvzh thè pandemic and to adapt to the changing demand5. The trustees would also Ilke to 3cknowledge th2 contrib10n made by the AnBltrCatholl¢ lay worker. Strurture, Go¥Eman(e and Man4gemgnt Tho Bishop of Exeter nominated the firsi truste. to tske office from 1 October 2018, onee approval wa8 rèc&Ned foi Sattlng up Ihe CIO. The tnJst8es hav8 made 8ubsequeni appointments. The trustees meet slx limes a year. The Venerable J8n? Bokkertook over 88 Chalr In OctobgT 2023. Tho Rev D Bailey reVred from mln18try on 31 May 2025. $0 resigned as 8 trustee. The trustee8 conlSrm, in accordoncewlth the Ch8rit8blo Incorporated Organi88tion IGener81} Regulations 2012. that at theyear•end the CIO did r1 have anywt8tandingguar&ntse8 to thlrd p8rtles. nor any debts 38cur8d on the 0589ts of the CID. Admlnlstvayve irf0MtION PlnOUth Partnetshlp In Mi5sIon Is a Charitable InCorFrated Organisation, regtstered with the charlty CommlssSon INO. 11801541, The adniini5trallve 3ddre5S 15 the Old DeaneryThe Ck)Isters. Exeter. EXI IHS. Trustees who have served from ljènuary 2024 wltll the datethis retx)rt was approved wve: CharltyTwustees The Rev David R Balley (to 31 May 20251 The Ven Jane Bakker, Chalr The Rev Joseph M Oent The Rèv David Way Mr Ne51 A Wllllams Plant ld5 The ftev Adam Pr{ (St Aklan'$l Russ & Jvlle Baylis (St Chad'51 The Rev ph1 Brokenshlre 1st James) The Rev jonny Devereaux 1st Marys) Ben Otley. An8bCathollc Lay Mlssloner Appro¥edby the ttte$o0911V2o2s on ltsihdAby.' Thè Venernble lane Bakker Nell wWl•ns Trustee Tfustee 61Page Plymouih Parin*I3hip iii mi.fsio Reg¥slered Cliarity No. 1180154
Plymouth Partnershlp In Mlsslon (HARITY COMMISSION FOR ENfjLAND MD WAIES Ind9pendt examlnarfs report on the Seclion A Independent Fx?mier's RL)rI Reportts the trustees of Pl¥muth Partnershlp In Mission On 4ccomls for the ye4r •ndgd 311t DecemberX)24 Charlty no Ilf anyl I1154 Set0 on pales 8-17 I report to the trustees on my examinatlon of thÈ accounts of the above tharlty 1.the Trust") for the year ended 3ty1V2024. Responslblllttos and basls As the charfty's trustees. you a spOnSIble forthe preparatlon Df the ac¢out)t$ of iport in accordancewlth the requlrements of the CharltlesAct 20111.the ACVI. I report In respect of my examInatn of the CIUS accounts carried out under section 145 of the 2011 Act and iThcarrylng out my examlnation, I have followed all the apF4icable DirecttorLS 8fven by Charity Commission nder sectlon 14515llbl of the Act. Ihdepèffident Examinerfs Slatemrt I completed my examlnètion. I cc)fkn) that materlal matters ha¥e com& to my3ttentTrDn conne¢tlon Mth the ex3ThnatIOn £other than that disdosed belo¥RI whidb gNes me Cause to beh'evethat In, any materlal respecL' the account1 record5 wwe noi keptin accordance th sectlon 130 of the Charities ACL, or the ac¢ounts dÈd not COrd wlth the countIng records." or the accounts dld rYJt comptywith the appllcable requlremerts concernlng the and conlent of xcounts set out kn the Charltles (Accounts and Rerts) Regulat[($ 2Cl8 other than any quIrement that the aeeounts glve a'true and fairf view whlch b Th)t a matter consldered as part of an kndepettdèI eXamInatn. I have no and have Come across no other matters In conne¢lion w6th the eyarrir)ation to whlch atterttlon SI?d be drawn in thls rep)rt In order to enable understandng of the accounts to be reached. July2025 Name: Rdevant Professlonal allfl¢atloDIsD iybody. Addrnss: lan earrett FCA FaE 22 Unlon StreeL Newton AiknL TQ12 21$ IIPage Plymouth Parlnership ill MiJsion Regislered Chorily No. 1180154
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Plymouth Pwlnershlp in BALANCE SHEET A8 at 31 December 2024 2024 FIXED Tanoltd•llxad a888t8 1S237 11102 CURRE14T ASSETS 11 Cash ai In Iwnd 15 101.470 UABILMES Cr•dltors. tslng thJ•tAithth l year 10.131 100,13 TOTAL NET A&WS 11 PPIII FUNDS a1,S84 Re8trfeied rese 11 16254 75.143 116 Plea88 wefer to 11 fora wtMwyolth• rosts*aed fthNI6. These financ1 stalementswere approved bythe PPIM on 9 2025 and were slEned on Its bthlf by: ItrNdl V•lnamg Tr1• Chèlr 91Page Plymomih Parlnership in Hissio RegisleTed Charily No. 1180154
Plymouth Partywshlb In Mlsslon NOTES TOTHE FINANaAL STATEMEPIIS Accountlng polldes Basls of prepar3tl¢)n The finanelal statement5 have been piepared ulrthe Charities Att 2011 and atcordance wtth Church Accountlng Regulatk)n$ 2LK)6 tO8ether wlth the Charities Statement of Recommended Pra¢rSce (Charities SORP (FR5 10211 and Financial Reporti Stsndard 102 IFRS 102). The flnancial Statements have been prepared under the historic c05t convention. The CIO meets the deflnltlon of a publk beneflt entlty under FRS 102. The fmanclal stalemènts are prepared In sterlin& whlch 15 the functlonal currery of the CIO. Goln¥ Gon¢ern The financial ststementi have been prepared onthe golngconcern basis. There are no materfal uncertalntles related to events or conditions that may cast S11¢ant doubts upon the CIO'S ability to ¢ontlnue as 0 OnB conwn. Funds General funds represent the funds of the CIO that are wt wbjectto any iestrlctk)ns regardlng thelr and are avallable for applicatlDn on iheoeneral purposes of the CIO. Funds de5gnated fora particular purpose by the CIO aTe also not restrlcted. Restrlrted fvnds are Irxome tunds that must be STht on Testrstted purposes and detalls ol the funds held and restrlctbns provlded are shown ITr the noles io attounl5. The fin?ndal ststements include all transartions, assets and liablities forwhkh ihe CIO b respon51ble In law. They do not Snclude the accounts of the Church groups that owethelr malh affiliatlon to another bodv nor those that are inf¢Jm*l gaiherings of thurth member I¢me Donations ond leguues Planned 8lvin& collediorts and general donatnsare recogn55ed only when retei¥ed. Glft ald recoverable on donatlon515 re¢cenised vthen the donation is receNed. IOIPage Plymouih Purinership iii Mtsslo Regislered Chorily No. JJ80154
Plwbwuth Partnershlp In Mlsslon NOTES TO THE FINAN(JPISTATEMEf4TS ACCEntIng pollde$ (Cortlnued) E¥peNlture Ruislngfund5 Expendlture on ralsln8 fvnd5 ts accountsd for on the accruals basls. Chorlt(Jble actlvltles ExpendSlure on charitsbleacti¥lties Is ¥c(ouhted foron the acuuals bas1& Grants are accounted for paid over, orwhen awarded. ifthat award create5 a bindln8 obli8atlon on the PPIM. Tanliide Ilxed awts Con5e¢rotedlohd tsndbuildings &ndmoveable churthfyrnishing Cw5ecrated and beneficed property Is eXded from the accounts ty $1012lla) of the Choritles Act 2011. No value Is pla on mcfveable church furnishing5 hEld by the d)wChWdenS on special trust for the CIO and whlch requlre a faCuV for dSsposal SIn the CIO considersths to be Inalienable property. All expendliure Incurred thjring the ¥ear on conseuated or benef biAldlngs and moveable church furnishlngs, whether maIntenae or improvemert, Is written off as expendrture kn the SOFA and separately disclosed. Other fixed assets Other fixe<J assets are reCogSed al cost. Indmdual assets with 3 purthase prke kss than £l.000 a wrltten off when the asset is acqulred. DepreCIat has teen proded on other assets on a straitht4ine basis in orderth wrtte off the cost of the assets over the followkn8 estInted useful lives: Flxtures and fittinB5- JO ¥vdrs Computers and equlpment- 5 years No depTlaOn Is charged In ¥wof acqu10. Oebtors Amounts owing to the CIO at 31 December In Tespertof fees. rents orotherineome are slw)wn as debtors less provlsk)n for 3ny amourrt5 that may pr¢)ve unedlectsble. These we reco8nised initialty at the settlement amount. Prepayments are ¥aed at the anount prepaid, net of any trade d15counts due. Cash and equlvllents ash and tèsh qUalents include cash in haThY. dewsits held at call w(th banks. and other short-temi IUld Investments wlth original maturiiie5 of three months or ks Credltors CrÈdltors are recognised bl]en the ao has an oblltylon atthe balan $et dats as a resurt of a past event, It 15 probable that a transfer of econ(Imk benefit wil be required In settlement, and the amount of the settlement can be estknated reliabty. Creditors are recoBrMsed at the amount that the PCC antklpate5 It wlll pay to settle the dobl or thè amount It has recefj¥ed as advanced paymert forthe 8oods or services It must provide. IIIPuge Plymoutli Parlnership iii hlission Regislered Charli), No. 1180154
PlymoLrth Partnership in N5ion P)TESTO TrE ANANCIAL STATENTs In¢orne from; R•gtrf¢l•d Funds TOTAL 2024 TOTAL 2D23 FunrtJ 2&1 Oonatlon• eNI hoa¢l•s 26.371 2Q371 29,849 Glft ald r8etsvérable (3,3971 CdlBeiknns S46 S,211 General dcwlonG avj appeals 13.984 2,867 16051 4.730 0th8rgran18 (Nolg 71 63.352 182.002 111147 14 00 12S 2b} Ch¥rhabkn actfvw W&ldiTh98, thrktenkngs and 2.275 1,102 Fund1)g Salè of P 4.203 450 4203 4SO 4,338 2cl Olh8rtradkng aGtMt SEA Sah C8fo In¢ome 61W7 61.897 446B2 Hall lettlng Total knG¢)11 14 206 LI15 238 121Page Plyrnouih Parlnei'ship in Mission Reglstered Chai'ily No. 1180154
Plymouth Partnerthlp bn Mlsslon NOTE8 TO THE HNPN¢JAL STATEME14TS RlrI¢l¢d Funds TOTAL 2024 TOTAL Fur1 21r23 901 Char8ble #Gtlvl rharttatrAeOvYKd (Note 61 5,302 2A17 119 13,813 Ckrgy It8NexFw•e8 3.168 6.972 Cost of aeTht¢•$ 13.661 611 12,381 (Note 41 111,70T 114097 115,123 mp1t)tsnG8 and r8P 850 4•10 21,273 34T 7.163 12,51• 0.662 Church rurning rK4ts 219 21958 247 24122 6060 4.4 4496 4,428 Loeson8al&oifaed 8wI Legal and prolesstinal lee8 7,311 14238 InthpwJent gxgrni5 670 IQ185 20T,635 241748 R¥glng fund• C8fé èxp1 Afverfthg & W1ty 39J38 142 24842 142 131P&ge PlymotriA Partnership in Misslo Regi,¥£ered Chnyily No. 1180154
Plymouth Partnershlp In Mlsslon NOTESTO THE FINANCIAL STATEMENTS Stalf CDBI• 2024 2D23 W8gw and 8aknrle¥ 94.710 97.947 so¢ wcurfty w$ 9,252 10.268 EMpltyorf$ ponw 114 097 2024 2023 Aaga numbw Avw4gfy nwtsollulttlmè wnplos*8S &0 In &ddition, there werethree full-time cl¥gywthin PPIM th1he Exeter Diocesan B(>grd of Finance Ltd fundingth81r stipends, employeT'S national insurance and Pension costs durlng 2024, The Hev Phill Brokenshlre wlll be loavlng hls posl gtst James, the Les8 In th8 summtsr of 2¢r25. Ru8s and Julle Bay118. who have been the lay leaders at St Chad's.viillais0 be leavingthair posts in July2025. No employee was pald over È60,000. 5 Rdatod partlèy Lyndsay. the wlfe ofAdam Pdce. the plant Lea(ier St Aldan's. Is employed at st Aidan's as Communty Hub Mana8er. She receNed gro salary of £14.98212023.. £7295) emplryerfs penslon contribullon5. Durlng the yèar to 31 Dmber 2024. thè charity reIved £10,85712023: £9.4981 In donatlons trom the PPIM trustees and senlor stsff and peTsons c105ely connKted to them. The donors thd not attach any condltlon5 to thetr 8ifts which required the chadty to slgnlficantly alter the nèture of Its exlstlng aCte5. Clergy and thff clalmed expensesof £1.16812023: £6,973) durin8 the year for travel, subsistenTr. offlce supplles and the cost of Communkalons. No other transartlonswere undertaken wlth any other PPIM trustee, persDns Close Cnected to them or rekted partks. Mi$8lon•ry ond eharttabl• gmng 2024 2023 CAP Chiiskn Aoawt Pobwty (Nol¢ 7) Cere Othgr Gts 13,fj34 179 144 144 13 13 141Poge Plymouth Poylnership in Mis&ioii RÈgislered Chdriiy No. 118015d
Ptymouth Partnershlp In Mi551on NOTESTOThE FINAKIAL STATEMEN15 Grnnl Incne TOTAL Dk)re5e C•pJ>l grant. BulkIlws&hd1ufÈ 11.t113 16,444 10,a24 Dhxese Energy8rls fjrowth & nslDA 22,orKI SDU fundkn8 Flxturps & fftllno8 Compui•r¥ & •quIpDWAt Tangth Ix•d 4580ts Total Cost Èrouthtlojwa 18,783 21379 AddltJDns 1320 3.219 11,469} 4539 (1,469) D18p¢w Crrlèd forvArd 244Y1 31A49 Depr8Glatlon 8¢tyJght I0¥01d cha f<xsYar 12,271 4890 pts 661 C¥rrlgd forward 3.928 13.S06 11112 Mot book value CttTrleO fcrfward Br(JohlkNward Dabt¢xs and pr•paywnl¥ 2024 9,361 Tr&Jg Debtt5rg Prwn*nts Oth d•tknr8 1.011 3.374 J5 |Page Plymouih Parlnership in Missioii Regi$Éered Cliarxly No, 1180154
PlymArth PartnEV5hlp In M1551on NOTES TO THE FINAt4aAL STATEMENIS Crédltor$4rn(wnts lalllng 10 du• wtthln l yoar 2024 2023 Tr8d8 crethl 4,342 5,185 9,3B1 Dehrrwj hxom• Olhew Cr0 936 624 J61Page PlymouiA Pdrinership in Mlsslo Regislered Cliarily No. 1180154
Plymouth PdrtTreVSh In M15s1on NOTES TO THE FIK4NaAL STATEMENTS 11 Mov•ment In fv• Tranil•rs Belwe¢n 2024 CaTrfed foNard Eyndtura lunds 228.W28 (224,9281 191,735 08,889 Bull(lThJ Fund 11A13 {6,8741 14,5391 Si Mark$ ChL 13.983 {4,500} 9A83 Care Fwd St AJYon'? 62 (1441 (2521 UkraTh IWwg1 St A4J¥n'i ¢knth a ml8sb)n 9.245 {4.0891 5,156 Èyonts SIAllarf$ Coh• mtrI¢l8 Sl Jam85 T[&811MI1J Flymouth Tog&tr Eychanglng R<•ns StAt1J,$ mier Stay S SIAhY8n's Oestlnètlfyb Sl Marts {3001 114531 (8331 1192) 00 100 2YJ 24fv7T 1428fj 14S181 1fj354 75.143 171Puge Plymouth Pdrittership Mission Régislered Charily Ato. 1180J54
PlyrrKJuth Partnershlp In Mlsslt)n Mo¥gknnt In fvndB Trnn5fors l)•tw¢eA lund$ 2023 C4rrl•d foThvard Exp•ndturo Unroslwl¢t•d rn••r¥ Ganarnl 737 219.ny 1221.9561 •1.$64 Bulljlng fu 782 16.Fa21 CAP 10.927 110.9241 Carè FUNI Sl dan5 311 252 1229} st Mark'g ¢u1th iuos) 13M3 Ukralr Pwpe81 SIA1 818 485 Wam) Spac• SIAkkn P,495 Spedal ovont8 StAdan'$ KWS church St Ch&Ts 824 41 (181 {1WI 18 Christffles evont Sl J81MS 1(Xl c8 rnathln8 StJam•s 416 Y91 112 105 74 116 41 181Ptsge Plymoiith Parlrtership in Mis,gioi? Regislered Choi'iiy No. 1180154
Plymouth Partnership Mission 12 2024 Funds TOTAL T8ble fixed SelF 15,337 15,33Y 08btots and prekwmenls 4.723 4,723 C8sh ot bank atKI h hj 48.9 16,254 65.215 CU1 Ikxllts TOTALNET A88ETS 91123 UN•Btrklod Fund# TOTAL a8sds 16,102 16,102 Debtors 8nd pwayrnents 9.4YS 1.BC 11.203 Cash 81 bk han¢ 67.318 22. gQf87 Curfenl li&bUUes TOTAL NET ASSETS EE 191Page Plymoutli Parlnership in Mission Régtsiered Charily No. IJ80J54