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2024-12-31-accounts

THE FR￿1￿8 OF ST MARTKN'S G(KSPEL OAK REPORT OF TKE TRUST￿ TO 31 Ik£EMBER 2024 (CHA￿Ty NO. 1192518) Objectwes ond Actwvities The purpose of the Friends of St Marrin's Gospel Oak is to assist the Incurnbent lor, in the absence of an incumbent. the lawful minister in charge) and the Parochial Church Council in the restorafjon, preservation, repair. mainlenance. improvement and beautification of the Parish Church of St Martin with St Andrew Kentish Town in the Diocese of London for the benefit of all residents of the ecclesiastical parish of St Martin with St Andrew Ken￿$h Town, the London Borough of Camden. the surrounding area, and all who are interested in historical bulldings; and of the monuments, fi'ttings, flxtures, stained glass, fumiture, omaments and chattels in the church and churchyard belonging to the CfvJrch. The Patron of the Friends is Sir Michael Palin. The activities of the charity are fundrdising by membetship subscription, events, grdnt applicats'ons, and generdl donations. In planning theiT activities for the year, the Trustees have considered the Charity Commission's guidance on public benefit. Achievements ond Performonce The friends were constituted as a Charttsble Incorporated Organlsation on 20 November 2020 The Friends was constituted as a Charftable Incorporated Organisation on 20 November 2020 by adopting the Charity Commls5ion'5 'Foundation Model, model goveming document. It was regISte￿d at the Charity Commission on 24 November 2020. The Parish was without an Incumbent for nine months after the Reverend Carol 8arrert Ford mved to new parish, no new initiatives were undertak£n during the year. The Trustees would li￿ to thank the late Martln Rainsford, the Reverend Carol Barrett Fofd and forn*r Friends Secretary Dr Alun Ford for their work on behalf of the Friends of St Martin's Gospel Oak. In September 2024 The Reve￿nd Mathn Andrew Kwapong, the new Incumbent of St Martin's Gospel Oak, became ex oflicio chair of the charity. Flnaftclal Revlew The charity generated a surplus of £50.71 in the year to 31 December 2024. Total income was £100.71 Total expenditure was £60. Operating expenses consisted only of banking fees. The Trustees have not considered it necessary to set a formal level of reserve which the Charity Is required to maintain. The level of grant expenditure is entirely at the discretion of the Trustees and is set with reference to annual incorre. The nature of the Charitvs activities is such that was Possible to maintain sufficient funds in the bank to meet any liabilities as they fell due. The Trustee5 have considered the risks inherent in the Charity and tsken steps to minimise such risk. Income is only recognised when it Is received and accordingly further income may be due to the

Charfty and such income be accounted for in future year5 if and when it Is received. Structure ond Governance The Charity is govemed by a governing document dated 20 February 2020. It Is a Charitable Incorporated Organisation registered with the Charfty Commission In England and Wales Ino. 11925181. The Incumbent of St Martin's Gospel Oak is ex officio chair of the Parochial Church Council. The management and finance of the I￿0 organi5ations are, however, entr'rely separate. In 2024 Mr Martin Rainsford a Churchwarden of St Martin's Gospel Oak was an ex officio memberof the PCC. The Tnjstees are responsible under the provisions of the Charity Act 2011 for the p￿ParatiOn of accounts for each financial year that give a true and fair view of the stste of affairs of the Friends and of its income and expenditure for the year. Administrative Details TRUSTEES The Revd Martin Andrew Kwapong Ichairfrom October 20241 Mr Michael Farrant Ms Lau￿1 Fleck Sir lau￿nCe Magnus Mr Martin Rainsford PAINCIPNL AODRESS St Martin's Vicardge 26 Vicar's Road BANKERS CAF Bank Ltd 25 King'5 Hill Avenue West Malllng Kent ME19 4JQ London NW5 4NL Approved by the Trustees and signed on their behalf by The Rerfd Martin And￿W Kwapong 21st January 2026 Mr Michael Farrant 21st January 2026

SATEMENT (ff FwiNCL41 A¢c(Wts F(•t THE YEAR EFaJED 310ECtMW 2024 AWTY IKI. 1192518 2023 2024 INCONIE & FNTK)WMfNrs tk)nations & membership fees Events 170.00 loo.00 Bank interesl 10.50 io. TOT AL INCOME x80.50 lo￿71 ExpvNDrruRE Bank fees 60.00 60.00 Disbursement for events Website TOTAL EXPENDITURE 60 60 120.50 110.7L Total funds brought forward Total funds carried forward 5183.45 5303.95 5303.95 5354.66 Approved by the Trustees and signed on their beha]f by The Re¢d Martin Andrew Kwapong 21st January 2026 Mr Michael Farrant 21st January 2026