ALL SOULS SERVE THE CITY CIO
Charity number: 1192900
ALL SOULS SERVE THE CITY CIO
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ALL SOULS SERVE THE CITY CIO
CONTENTS
Page
Rèferonco and admlnistratlve dgtails of the CIO, It$ tru8tses and advl¥ers
Opfrnlng ststoment
Trustsè8' roport
Indepgnd8nt ex•mlneff8 report
statsmont of flnanclal pGtlvltle8
Balan￿ sh•¢t
io
8tat•ment ot cash flowts
Nots8 to th• flnanclal $tatemgnt*
12-24

ALL SOULS SERVE THE CITY CIO
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIO, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trust808
Richard Bagwell, Representative for the Rg¢tor of All Souls, Langhatn Place 1
Simon Banks. Honorary Treasursr 2 (ap￿inted 31 October 20241
Jenny George,
Alison Grieve, Honorary Treasurer to 31 October 2024, Chair from 31 October 2024
John Grair)geT'
ltslia Jensen 2
Rebekah Turner, Chalr 2 Ireslgned 31 October 2024)
Brian Weaver, Secretary,
Chris Wright lappointad 13 May 20241,
I Ex-offlclo tfuslee
2 Appointed by the PCC of All Souls, Langham Place
CharIty reglstergd numbèr 1192900
R•9lst?r•d addr888
2 All Souls Place
London
W1B3DA
Prlnclpal oporatlng
OfflGo
141 Cl¥velond Street
London
W1T 6QG
Indopgnd8nt Ex8mlner
Alon9slda Accounting
Chartered Accounlanls
Contingent Work¥
3 Broadway BuSldlngs
Elmfi81d Rood
Bromley
BR1 1LW
Banker•
Barrlays Bank plc
212 Regent Slregt
PO Box 11345
London
W12 8GG
HSBC UK Bank plc
60 Queen Victoria Street
Landon
EC4N 4TR
CCL4 Investment Mat)8gement Limit9d
Senator House
85 Queen Vidaria Street
London
EC4V 4Ef

ALL SOULS SERVE THE ciry cio
OPENING STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
Dear Frfonds.
Souls S¢rve the City CIO (ASSTCI was birthed on the 1 January 2021 as a cl)arRable incoTpoiated organisution
(CIO). How8ver, Tts origins, to Serve the parish of All Souls, date bad(60-plus years to the days of John Stott. The aiin
of ASSTC was always to embody gospel-centr8d. local mi5slon at the heart of All Souls Church. focusing particulady
on those Je8Ug had a special heart for.. Ihe1501aled. overtooked. and èxploited. In the first three years of the CIO. our
priority was lo develop a shared sense of org8nis3tiDnal identity across four distinct mlnlslrles w1th divergcnl origins
and areas of locus, but whlch had compassion for the less fortunate at their cenlre. Now that we - metaphorically
speaklng- have every ministry on the same bus, in addition to our day to day activities, we have focussed in 202312024
on developing a strategic plan, our first ever- adopted by Ihe trustees in April 2024- to ser¥8 as a road map for where
we belleve God is Galling ASSTC in the coming years.
From the slralegic planning process- led by a committee comprised of trustees, staff. volunteors and a fomèr guest
we developed a deep 58ns8 of hope and anJclpatlon for ASSTC'S future. Our plan is ambitious. At its heart lies a
bold goal= to be plonesr5 Sn Christian Befriending. We 8eek to do thls by cit>ating and implemenllng a scheme that
transcends the boundAries ol our varlous rtkinistries and extends the transformative pow8r of Cliri8tian fllendshlp into
our communities.
We see the Befrfending scheme As a new and exciting way to engage with and supptsrt some of our most vulnerable
neighbours. We aim lo do this by golng the extra mlle. serving and seeking lo meet some oftheir fnosl prèssing needs.
but also by entèrlng Into life-transformlng r818tionships rooted In the frfendship Jesus has shDwn to us. As Jesus
hlmself said Df his followers. You are my fri¢nds" (John 15..141. So w8 seek to belriend all those wa encounter,
Yegardless of whether they have a faith background or not. An antlclpated long-lerm deslre and outcome Is that many
we serve wlll Come lo know J8sus a8 their frignd loo lif théy don't alreadyl, and experiènco lasting. personal. and
spiritual transformatlon which wlll rfpple throughout God's Kingdom. Our broadèr, long-t8rm goal 15 to shar6 our mod81
wlth Chrlslian charities and Lhurches aGross London and thc UK.
Howèver, before ASSTC can fully reallse Ihis m8in goal. we musl attand lo the task of buildlng a strong foundalon
upon whlch lo construct the Befriendlng scheme. Thus, our Strategi¢ Plan begln8 by selzlng opportunltles for growth
and Irensformalion around ellldent and effectlve operalitsns and comrnunlcations. MO￿ broadly, r)ur slratsgic goals
and oblecllve$ seek lo embraGa all aspects of our Christian calling, from serving thosè who are vulnerable- due lo life
Stage pr clrcumslance- to bulldlng an organisatlonal entity ttrial opo(al6s In a way that glorifies God. Our found8tional
alm is lo communlcale God's vision for gDspel-conlred, hollstlc IoGal misslon, whlch blesses evèryone who Sntoracts
wSlh u5.
What follows capturas the rich. varfed actlvllies and financials of ASSTC 8s we have sought to sorve the isolated,
overlooked and &xploited in London In 2024. You wlll discover wo've establlshed a ¥01Sd foundatlon upon which to
develop our Befriending schemè In 2025.
For the worfd's good and God's glory.
ison Grlove, Chair
the Board
Pamela Brown-Pel¥rside PhD, Dlrector
D8te-. 16 July 2025

ALL SOULS SERVE THE CITY CIO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The board of tnjstees presents its annual report together with the financl81 statements of the CIO for the year bnded
31 December 2024.
The board wnflm)s that the ffnanGial statements of the charitable incorporated org8nisallon (CIOI have been prepared
in accordance wllh the aCGounling policies set DUI In the notes to the financial statements. and that the annual report
and financial statements ¢omply v4ith the requiremenls of the CIO'S govemin9 document. th6 Charities Act 2011 and
the provlslons of A¢￿UntIng and Repoting by Charities= Statement of Recommended Practice applicable to Char￿eS
preparlng their acsounts in aC￿rdance with thè Hnancial Reporting Standard applicabl8 in thè UK and Republic of
Ireland (FRS 1021 {etfectiV8 1 January 20191-
Thè CIO also operates undar th6 names ASSTC and Serve The City. The CIO was established at the end of 2020 and
the activities of All Souls Clubhouse (an unincorporated chaiilyl, together wlh bNo ministries from All Souls Church.
Langham Ploc* were transferred to il In order lo better posrtlon the mlnlslrles IDr the needs of the twenly-first centtjry.
All Souls Clubhous8 was established in 1958 In response lo the negd lo minister to the unchurched and underprivileged
youth of the neighbourhood and qulckly grew lo meet the social needs oftha wider community. It Wds part of John Slotvs
ViSIDn for Al Souls, incorpoTaling his understsnding of 80¢i81 action as a partner of evan9elism. 'As partners,. Stott
wrftès lin Ghri$ti&n Misslon In the Modem Worlu), "the two belon9 to èach other and ypl are Independent of e8¢h other.
Both arè expressions of unfelgned love.. John Slott saw it as the church'g role not only lo preach Jesus but to serv& likè
Jesus, somethlng that we alm to continue to this day through the work of the mlnistrles of All Sou18 Serve The Clty
(ASSTCI.
Oblbctlvos and a¢ttvltl98
a. Pollcle8 8nd oblgctlves
Tho Clo's Dblecllve 18 to advance the Christian falth for the benofil of tho publlc throughout London in a￿rdance wlth
11$ Ststement of Fallh.
ASSTC wmprlsès various 80¢1818Ctlon prolecls. largely based al the Ail Souls Clubhouse property, a Church of England
community centre servlng local p8tsple Sn London's West End. ASSTC'S locatlon Is within the wmmunity of Fi12rovSa. a
centr81 London nelghbourhood that Ss developing T8pldly but which Is S￿11 home lo a le55 well-off and vulnerably-housed
population of around 5.000 peopl8, who are olten forgotten behlnd the area's Increaslngly wealthy lagade. Many
experfènea loneliness. isolation, povgrty, Grlm£Tr and racism. We seNe those in grealost need, mo$tly Ilvlng in couricll
and ranted accommodatson. In this [￿sPeCt ASSTC build5 On the work of Tha Clubhouse as a wall-ostabllshed and
r9spected In6tllu￿0n, providlng a rnuCh-ne￿ed Christian communlty re8Our￿, reaching beyond Flttrovla.
In $etling the CIO'S obje¢tlvès and plannlng for 8Ctlvllieg, the trustees have giv?n due consldeTation lo general guldance
published by the ChaTIty Commisslon relating to public benefft. includlng the guidan¢e'Public benefit-. runnlng 8 charity
IPB21'.
b. Str8tpgle$ ftjr achievlng obJe¢tlvès
The board's Purpose is lo overs&e the governance of th8 CIO, wlth the operaUonal side headed up by our dlrèctor.
Parllela Brown-Paterside. We are all cx¢¢t&d to see how God has beèn working- and ¢onllnug9 lo work- through Pamela
and the other team m8mbers ofASSTC. as well as ourvaluable volunteers. We value yuur conlinu8d prayars forwisdom
and disremment as to how we best rnanage resourc98 in thg comlng year and support our sidff and volunte8rs as well
as those we serve.
c. Actlvltles undertaken to 4¢hiove objectlvos
Typically, in ar5y gSven week oui ASSTC ministries gonerally have more contact with non-chrfslans than any other part
of All Souls. The CUTrent ASSTC a￿ve mlnislrles indude ASLAN, T8m8r and Senior Care.
In 2Q23, we made the decision to conduEt 8 fvll strategic revlew of ASSTC to look at the ministries post-COVID and
guide the dlréctton and shape of the CIO for the mid-term (the next 3 years)- We assèmbled a strategic planning
Committee comprlsed of serving partners. staff, and trustees lo Who￿ we are very 9rateful for gSving up Iheir Iirne. The
Boèrd approved th8 plan in the spring of 2024. Thé data-gathering exercise at the start of this prtscess in particular
showed thè value 8nd breadth of the work wo do but that sometimes we have worked too much in silas- breaking do
some of those sllos will be part of the work arising from the strategic plan.
Bec8us8 of the nature of our ministries to those who are vulnerable adults or children, parttculady thgse who are isolated,
ovedooked and exploilgd, all our serving parth815 are required to undergo basic and advanced DI0￿$an safeguarding
training lonlinel and an enhanced DBS check.

ALL SOULS SERVE THE CITY CIO
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Ob}gctlYes and actlvitieg {contlnugd)
Ach19vgm¢nl$ and pèrfomiance
. Maln achlevemants of the CIO
We have contlnued our work Ihls last year in pursuit of our vision to see everyone in London ftoudsh In body and
soul. OUT misslon 15 to serve the isolated, overlooked and exploitéd, bringing the message and ministry of Jesus. Wè
do this through our values of love. honour and service. We love this city and everyone in it arsd are motivated by love
becAuse Ilrst loved us 11 John 4.'191. We seek to honour and r8specl all above ouw5elves (Romans 12'.101,
especlalty those whD are vulnerable du6 to their stage of Ilfe or clrcumstances. And we giv8 our lives away in the
service of others, ￿U$l as Jesus not come lo be senjed bul lo seNe as he gave his life away a5 a ransom for many
{M8th 10.'451.
b. Revlew of act5vltlg5
For Easter Sunday 2024 the team ran a successfLJI fundraisSng campalgn appeallng to the chur(* family. reminding
them of the mission, vision, and v8lu8s of ASSTC and to showcase the Work of each ministy through stories of
changed lives. We received £66.5DO. exceeding our goal of £50,000. And, as pre￿ou8 years, funds rBised 81 all the
carol 38tvice8 8t All Souls Langham Place go lo the work of ASSTC. For Christrng3 2024, £24.000 was raised. We ara
so very grateful for the financial and prayer 5UPPLIrt of the Ch￿r¢h famlly In partnerfng with us lo be the hands and f8el
of Jesus In our parish and beyond.
ASLAN IAII Soul8 Lucal Acliun NO￿orkI= to those affected by homelessness, ASLAN offers individu81isod rsre,
support and befriending. At the start of2024, we focusod on four key 2raas.' a Saturday day cenlrg, Sleep Sile visillng,
befriendlnglvlslllng, and a wee￿Y Bible study group. In November, we also opened up a non-weather dependent night
shelter for low-118k IndSvidu815 5UPPOrted by and reforred to us by St Mungo's, and funded In part by Westmlnst8T
Councll. The shalter fundons In partnorshlp wtth the Chinese Church In London ICCILI Bnd the Ukrainian Cathedral,
each provlding shellor one week In four over th8 wlnter months. and Farm Street Church helping with volunteers as
wo11. ASLAN hosl8d the shelter weèks In four wllh a commEtted Shelter Coordlnator, Adela D8vls, hSred lo oversee
the whole project, alongs1de four part-time Coordlnators and 60+ volunloers. The alrnospharo at the sheller has beon
Iributg lo th8 work done by Adela, her Staff team and volunteers and h85 been commen18d on by gu0618 In feeli119
Safe and protected. We thank God for the proleclion that prayers and the Holy Spirit have g5von u8. Relalionshlp
buildlng has been 80 en¢ourdglng loo wlth sever¥1 guasts comlng along lo Carol Sorvicos and one signing up for
Chrlstlanty Explored on the back of that.
Whllst we continued to partnar wlth London Clly Misslon {LCMI In 2024. organl8alJonal changes al LCM and a shlft In
their model from placlng an indlvidual In a church to mobllising churches. moant there was a transltkjn in our
relalonship movlng Into 2024. For Iliis reason. we decid8d to employ an ASLAN Ministy worker and brought on Marci
MBndon in January, who has been a terrific addlUon. Then, in the surnmer of 2024, LCM'S day ￿ntrO at Webbor
Street underwgnl ¥lgnlficant renovations. Durfng Ihoso months when it was not operatson81. we look the OPFY)rtunity lo
pllot an invilation-only day c6nlre programme at the Clubhouse on Saturdays for 8boul 20 guests, offering a hol
brgakfast, a Bible talk, showers, clean clothes and companionshlp wlth volunteers. It was met with great enthusiasm,
Pgrticularly from guests who felt they receivgd more personal attention in the ngw setting with a hlgher ratio of
volunteers to guests. We will evaluate thg success of this model and assess the future lo¢aUon of the day Centre In
2025. In December, we also said go(Idbya lo Katte Huggins, who had oversoen and developed the ASLAN mlnistry
for the last 13 years.
Chlldrgn and Famili08. Thls mlnlstry has not been actNg in 2024 due to a v8¢ancy. Thdt said, as a r8suIt of the
strategic planning process and conversations undertakèn with key slaff and parents at the school, our CDmmltment to
rp-St8rting this work Is unwavering. Noting that that are ￿gn1flcant rates of poverty among some familles and over a
thlrd of families where English is a Se￿nd language, we are exclled lo be re-ffamlng this ministry, formedy Called
Schools wort(, with a focus on both childrgn and theirfamllies 81 Al Souls School for 24125 and look forward to sharin9
more about this in next yearfs rèport. Our revised mission for this work is for children and families al our Churth of
England School, we aim to champlon wellbelng and foslgr an environmènt where every child can flourish.
Senlor Caro. For those who are Senlors, we seek out the isolated, housebound and lonely bringing them Into a
cornmunity with Christ through our wee￿Y lunch club and befriending progiammes. Home visits 1115 done) and
Wednesday Lunch Club1522 meals servedll ¢onlinue lo be a focus for the ministry. The ministry contsnues lo bulld
and strengthen relationships. Mth almost 50 guests registered and 12 serving partners. We had 2 tr8nsition in cooks
in 2024 and thank Jane Behan for her many years of service to the Senior Care ministry. In November, Calhie Yau
joined us and we are 50 grateful lo our voluntèer c(K)k, Andy M for standing in the gap during our 6 month cook
transition. One way we have seen integration between Senior Care 2nd the All Souls School is Ihat one child with
additional needs is c￿Ming along with a Teaching A5SiStantto help out al the lunch Clu￿ which has bgen a win-win for

ALL SOULS SERVE THE CITY CIO
TRUSTEES, REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Tamar. For those in the Sex industry who may have been affected by sexual exploitation, modem slavery or human
lrnfficktng, Tamar restores hope and prow(598 unconditionol support. In 2024. bl-weekly outreach to flats, brothels and
massage paTlours as well as outreach to women working on the street continued through our failhfvl volunteers.
resulting in 82 outreach visits. Our day time team continued lo a¢company women lo GP and solicitor visits, support
women in acc8ssing the National Referral Mechanlsm. and olleriiig English dasses, 86 of which took placE in 2024.
Tamar continued lo strength&n its re18tionship with the Modern Slavery Coordinatorfor Westrnlnsler ané the Borough
ol Ken$inglon and che[￿ and partIcipat￿ in the Multi-Agency Risk Ass&ssm8nt Conference (MARACI, sharing best
Practices. Tamar 81so furthered the cause of lusliGe with respect to advocating against sexual exploitation. Tamar
finished 2024 by holding a Christrnas paty for those whom Tamar serves, attended by both women and serving
partners. Some of the Tamar women brought their small children. whose12ughter, delight and energy added greatloy
and festivty lo the paity.
Looking back over 2024 WB ar8 thankful that God has provlded us with godly servants to lead 8nd work in these
hallenging ministries. And w8 pray for the protecllon, r05t, resilience and inspiration for all those who serve alongside
the staff and trustees. We also pray for the ministries thems81ves, attknowledging that these are areas of high rlsk. We
praythatthay will flourish and conunue lo ieaGh those who are most vulnerabl6 and that all, both guests and volunteers,
will hear and receive Jesus, mercy and love.
Wg are thankful for the multitu¢Je of volunteers who glve sacrrficially of Ihelr Jrne to support Ihesa ministries and often
as part of busy lives wlth competing demands. It would be impossible lo run these ministries without the servant-
heartad generosity of our volunteers and financial supporters. We thank God for you all and for his grace in 5UStalnlng
us. We also recognise the expertlse, help and support we get from the 'back office. operations te8m$ at All Souls
Church whlch underpins our work. Thank you all 80 much.
We are consGIou8 there Is much that wa need God's grace, wlsdom and favour for, so please can you pr8y for Chrfst
lo bè cenlral In all the work we do and for us to listening to wheire the Splrll18 leading us= prayers for courage and
wisdom os a Board as wè Lonllnue to support the strat￿Y of ASSTC lo make progress wkh tha Befrtendlng model
and to Strengthen our governance slructuros lo provide clarlty, order, 8CGountability and stewardship. We also pray for
genèrous fin8nci81 support as we conllnue lo make ASSTC sustalriable. And in all this. we are rernlnded that Jèsus Is
our Ilvlng hope, our Lord and Saviour, and thal11 Is His kingdL)m. and that all things work together for HIS glory.
FSnanclal rgvlow
In 2024 ASSTC sought to provide a broad rangg of $6rvlces lo vulnerable people. Miiny of thosg supportod come
from d18advantaged backgrounds and are unablg lo meet the costs of the seNiCeS provldod in the drGumstance8
when th81 might be appropriate. The work, th&r8fore, h8s been largely funded by grants and donatlon8 from ch8rltable
trusts, and from ¢yJr corporate and Individual supporter8.
In 2024 the CIO'S Income wos £720,83612023- £584,200) exceeding our expenditure of £537,51112023 - £423,353)
by £183,32512023- £160,847). 95¥0 of our ¢o$ts were spent dlre¢tly on Charitable aclivib"e8. Thesè figures include
donation in kind worth £84,847 from All Souls Church for personnel and fad1111es provislons.
Net ass015 8$ at 31 De¢ember 2024 were £1,042,158 {2023- £858,833), Induding unrestricted genaral fijnd reserves
of £683,591 12023- £476.2751.
a. Golng concgrn
After making appropriaie enquiries. the tnjslees have 8 reasonab18 9XP8Ctatlon that the CIO has adequate reserves
to continue In operational existence for thg foreseeable future. For this reason. they Con￿nu￿ to adopt the going
¢XlnCgrn basis in preparing the financlal statements. Furthèr detalls regarding Ihe 8doption of the going concem basis
can be found in the accounting policies.
b. Rès&ryes pollcy
Thè 8im ol the charity is lo maintain free reserves (unrestiicted goneral funds lass any tangible fixed assets) at a level
whiGh equates to a minlmum of three months. direct running costs. Thls cUrren￿Y equates lo approximately £100.721
12023 - £68,000) lone quarter of toLg1 direct Gosts as per Nol& 81. At 31 De￿mber 2024, the charity's free reserves
totslled £683.59112023- £476.275).

ALL SOULS SERVE THE CITY CIO
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure. governance and managgment
a. Con5titutlon
All Souls Serve The Cty CIO was established and registered with the Charity Commlsslon for England and Wales as
charitable incoiporated organisalion, number 1192900, on 22 December 2U20 and is govern￿ by ts consttiution,
which is in the form of the'associ8tion' model specified by the Chaiity Commission.
Tha CIO inherited the entire activities of its predecessor ch8rty, Al Souls Clubhouse. which was constiluled as a
charitable trust, registered number 280694. The ASLAN and Tamar mlnlstrfes were transferred from All Souls,
LaTrgham PlaGe. The transfer to the CIO of all acts"bilies, 8nd Ckjrrenl assets and liabilities from the unincorporalgd
charity and the two ministries from ASLP took effect on 1 January 2021.
b. Management
The management of thg CIO is tha responsibility of the trustees who are eleGted and COwOPted under the terms of thg
conslilution.
Tr day-104Jay management of th8 CIO has been delegated to its director. Pamala Brown-Peterslde.
c. Pollcles adoptod for thè Inductlon and tralnlng of tru8teOS
The tNslees will make available to each new trLtslee, on or before hls or her first appointment. a copy of the CIO'S
consb'tulion and any amendmonls m8da to it, and a copy of the CIO'S lals51 Iru81ees' annual report and finandal
stalemenls. Regular updates from the Charity Commlsslon on thelr responslbillties aro provld8d to all tru8le88, who
are encourag￿ to ensure they also regularly update tholr understandlng of the wlder environment.
d. Related party rolatlon¥hlp¥
ASSTC Is the successor to the unlncorporated chaflty. All Souls Clubhous8 and Is part of All Souls ChurGh. Al Souls
Church comprfses Th? PCC of All Souls, Langham Place, Lungham Arts Trust And ASSTC.
o. Rlsk management
The InJst8Ès hav& assessed the mllor rlsks to wh5ch the CIO18 exposed, In p8rtlcular those related to the operations
and finances of the CIO, and aro satlsfied that systems snd procedures are in place to mlllgate exposure to thos
malor rlsks. Tha trustoes are undertaking work to enhance the work Dn rlsk Idenlificallon, managomènt and reportSng.
Plans for futuro perfod8
The primary focus for 2025 is to contlnuè lo make headway with our slrateglc plan. We will leke a blg Step forw8rd with
Strategic Prlority 1. Iwo are pionegrs In Christian Befriending) by scoplng out a proleGt for a Christlan befriendlng and
angaging a consultant to advlse on end develop a Chrlsuan befrfending modèl that Ss relevant and approprl8te for our
ministy gTOUP8.
Addllionally. we aim lo complats the outstanding goals for 8tratggic priorftlas.. 2 Ilnlegrating operalon8}. 3 Inurturing
Ihe God%iven potential of our staff gnd organlsallonl, 4 Icommunicale consist8nlly. SnlgnlJon811y and transparently)
and 5 lopUmSse data collection and analysè for Impactl. Mulllpltt efforts on all of these have begun and are nearlng
completion In 2024. Outstanding Issues includg.. confirming the catchmènt area of service around the Clubhouse,
curmntly proposed as 3045 mSnutes walking distsnce from the building121- attending lo the professional development
of the staff13)' establishing and m8int8ining a unifomi and Impacfftil dlgital presencel4),' and linking our dashboanl to
outputs1S1.
For str8teglc priority 6, loptimislng usa of the Clubhouse), we w511 underlake an evaluation of 115 current tjsage. We
have already seen marked Increased usage of the Clubhouse in 2024 with the winter shelter operating every other
week from the end of Novombgr- 8nd due to go untll the end of June 2025- and with FKJsting th6 Saturday brur)ches
for ASLAN due to the refurbishm8nt of the day centre at Webber Street near Waterloo. This brlngs great
encouragement as well as gratitude to God for the provislon of such a terrific multl-purpose lacilily, complete wth an
industrral kitchen, clothing store, and hot showersl
Minlsty-wise. by the end of 2025, wè 8nt5cipate having a Children and Families Coordlnotor In p(sst, completing the
vival of our form￿ partnership with All Souls Primary School, 'on hold since the days of th8 Covid lockdown. when
schools went completely onllne in 2020.

ALL SOULS SERVE THE CITY CIO
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Mgmber¥' Ilability
The CIO is established as a sole-member charlty.. th6 sole member is The PCG of All Souls. Langham Placa (ASLP)-
ASLP guarantees to contribut8 an amount nol exceeding £1 lo the assets of the CIO in the event of winding up.
statement of tnlgtOO8' rosponslbilitios
The trustees are responsible for prèparlng the truslees, report and the financial statements in accordance ￿th
appll¢xblg18w and Unilad Kingdom Accountlng Standards (United Kingdom GoneralIyA￿P1@d Accounting Practice).
The law applicable to chariti88 in England & Wales requiTes the trustee8 lo ptepare financial statements for each
ftnanGial year whi¢h give a true and fair vlaw of the stste of affairs of the CIO and of ils incoming resources and
application of resources, including its income and expendllure, for that period. In preparing these financlal slalèments,
the trustees are required to..
select 8uilable a¢¢ounting policies and then apply them conslslenuy;
observe the m8lhod8 and principles of the Chartties SORP IFRS 102).,
make judgements and accounting estim8t8S that are reasonable and prudent-.
state whether applicable UK Acccunllng Standards IFRS 1021 have been followed. subject to any m8tarial
departures dlsclosed and explained in the financAal statefflents.,
prepare the financial slalemants on the golng concem basis unless tt Is Inappropdate to presuma that the CIO
wlll contlnue In buslness.
The tsuslees are r88ponsible for koeping adequate accounllng records that are sufficlenl lo show and explain the
CIO'S transadons and dlsclo8e with r88son8ble Bccuracy at any 11me the flnanclal posltlon of the CIO and 8nable
them to ensura that the financial 5tatem&nts comply with the Charilles Act 2011, the Charity (Accounts and Reports)
Regulallons 2008 and tho provlslons of Ihe constllulion. They are also responsSble for safeguardlng the assets of the
CIO and hence for laklng reasonable steps for the prevent1on and detection of fraud and olher irregularlli85.
Approvgd by OTd8r of the members ol the board of trustees ané signed on thelr behall by..
Brlan Weaver
Secretary
Date.. 16 July 2025

ALL SOULS SERVE THE CITY CIO
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Indep8ndent examlnerfs report to the trustees of All Souls Serve The Clty CIO llhe CIO'I
I report to the Eharity trustees on my examination of the financial statemenL8 of the CIO for the year ended 31 December
2024.
Responslbllikna8 and bas1$ of roport
As the trustees of th8 CIO you are responsible for the prèp8r8ton of the flnanclal ststements In accordance with the
requlrements of the GhariUe8 Act 2011 1*he 2011 Act'l.
I report In r88pect of my examination of the CIO'S financial statements carrfed out under section 145 of the 2011 Act and
in carrylng out my examinalion I have followed Ihè appllcable Diwtions given by Ihg Ch8flty Commission undar section
1451Sllb} of the 2011 Act.
Indgpèndènt oxamlnetrs statgmgnt
Slnce the CIO'8 gross income exceeded £250.000 your examiner must be a member of a body Ilsled in section 145 of the
2011 Act. I confirm that l am qualified to undertake the exarninalion because l am a member of the Inslilulg of Chartered
Accountants in England and Wal88. which is one of the listed bodles.
Your attenllon18 drBwn to the fact that the CIO ha8 prepar9d the financlal 81alements In 8CGordance wllh Accounllng aiid
Reporting by Chariles.. Ststemenl of Recommended Pracllc? applicable lo char￿.&5 preparing thelr accounts In accordance
wllh the Flnancial Reportlng Stsndard applicable In the UK and RepubllG of Irgland IFRS 102) In pr@ference lo thg
ACCOUn￿n9 and Reportlng by Charllle8'. Statement of RecomiTianded Practice Issued on l Aprll 2005 wlilch Is refefred lo
In the extant regulallons but ha8 been wlthdr8wn.
l undeT8tand that thSs has been done In order for the flngnclal statements to provide a true and falr vlew In accordance with
Iha Generally Accepted Accounting Practlc6 effecllve for reportlng periods beglnnlng on or after 1 January 2015.
I hBve completed my examlnalion. I c£Jnffirm that no matters have c*me to my attgnuon In connection wllh the examinatlon
glvlng MB caus8 to believe thai In any m819ri91 raspect:
accounting records wèrè not kept In respect of the CIO as required by sectlon 130 of the 2011 Act,. or
the fln8ncAal slalemonts do not accord with those reo)rds; or
the financlal ststemenls do not comply wilh the applicable requlrements concerning the form and content
of financial st8tements set out in the Charities (Accounts and Reports) Regulalions 2008 other than any
requirement that the flnanclal statements give a 'lwo and fair. view whlch Ss not a matter considgred 8S
part of an independent examlnallon.
I haye no wncems and have Come across no other matters In connectlon with tho examination to which attentlon should
be diawn In thls report in order to enabl8 a proper understsndlng of tha financial statements to be reached.
This report is mad8 solely to the CIO'S Iru91eas, as a body. In accordance with Part 4 of tha Charities (Accounts and
Reports) Regui8tions 2008. My WOTk has been undertaken so th8t I might state to the CIO'S trustees Ih¢)se matters l am
required to stats to th8m in an indèpendent examinevs report and lor no other purpose. To the fullest extent pemiltted by
law, I do not acctspl or assume responslblllty to anyone othor than the CIO and the CIO'S trustees as a tN)dy. for my work
or for thSs rèporL
Dated:
5Ék
J8m&s Huang
Alongside Accounting
ICAEW CharteTed Accountanl
Contit)gent Works
3 Broadway Buildings
Elmfield Road
Bromley
BR1 1LW

ALL SOULS SERVE THE CITY CIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrictgd
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
fttnds
2023
Note
In¢ome frorn:
Donations and legacl&s
464.410
264,447
718,857
582,986
Investments
1,979
1,979
1,214
Total Incomg
466,389
254.447
720,836
584,200
Expendlturg on:
Raislng fvnds
18,226
3,043
21,268
23,487
Chartlabl8 activltl88
216,384
299.859
516,243
399,866
Total expondlturg
234.609
302,902
537,611
423,353
Transfor of fund8
(24,4641
24,464
Not movemont In fund8
207,316
123,9911
183.325
160,847
Reconclllatlon of funds:
Total funds brought forward
Net movernent in funds
476,276
382,658
888,833
697,986
207,316
(23.991)
183,325
160,847
Total funds carried forward
683,591
358.567
1,042,158
858.833
The stat&ment of financial adivtties includes all gains and losses recognised in the year.
The notes on pages 12 to 24 form part of these ffinancial statements.

ALL SOULS SERVE THE crry cio
BALANCE SHEEr
AS AT 31 DECEMBER 2024
2024
2023
Noto
Current assets
Debtors
12
23,801
22.830
Cash at bank and in hand
1,255,058
1,027.957
1.278,859
1,050,787
Creditors- amounts falling due wlthln
one year
1191,954}
13
1236,701)
Net currgnt asgots
1.042.158
858,833
Total ngt as$8ts
1,042.158
858,833
Charity funds
Restrlcted ftjnds
15
358,667
382.558
Unr851rlGted funds
15
683,591
476,275
Total funds
1,042.158
858.833
The financial ststements ware approved and authorlsed for Issue by the trustees and signed on thelr behalf by..
Brl2n Weaver
Secretary
Date.. 16 July 2025
The notes on pages 12 to 24 fomi part of these financial ststements.
10

ALL SOULS SERVE THE CITY CIO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
2024
2023
Cash flows from operating activities
Net &qsh provid8d by operating actlvitles
18
225,122
155,441
Dividends. interest and rents
1,979
1.214
Not rAsh provlded by Invastlng actlvlugs
1,979
1,214
Changè In cash and cash oqulvalents In the year
C88h and cash eqU￿lents at thg bgglnnlng of the year
227,101
156.655
1.027,9
871.302
Cash and ¢a8h oqulvalents at the end of lilo yoar
19
1,255,058
1,027,957
The note¥ on pages 12 to 24 fom part ofthe8e finan¢lal statsments

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Gèneral Information
I Souls Serve The City CIO is a charitable incorporated organi8ation located at 141 Cleveland Street.
London, W1T 6QG. A description of the nature of the CIO'S operations and its principal actwities can be
found in the repoTt of the trustees. The presentatlon currency in these financial statements is sterfing and
figu￿ are rounded to the n68r8sI pound.
2. A¢countlng pollcies
2.1 8a$18 of preparation of flnanclal stataments
The financi818tatements hav8 been prepared in accordance with the Charities SORP {FRS 102}
AGGounting and R&porting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financlal Reportlng Standard appliGable in the UK and
Republic of Ireland IFRS 102) l&ffectlV8 1 January 20191, the Financial Repoiting Standard applicable
In the UK and Republic of Ireland IFRS 10218nd Ihe Charllles Act 2011.
Assets and liabllltles ale Iniually recoynisod at hlstorlcal cost or Iransactlon value unless otherwise
staled In the re18vant accounting pullcy.
The financial statements have bean pr8par8d to give a 'true and fal¢ vlew and have departed from the
Charltles IAGGounts and Reports) Regulations 2008 only to the extent required to provlde a 'true and
fair, view. This departure has Involved followlng the Charlll8s SORP IFRS 1021 publlshed In October
2019 ralher than the Accounting and Reportlng by Charities.. Statement of Recommended Pr8Ctlce
effective from 1 Aprll 2005 which has since been wlthdrawn.
Al Souls Serve The City CIO meets tho definition of a publlc benefll entlly under FRS 102.
2.2 Golng ¢on¢6rn
Th8 flnancial statements have been preparad on th8 going c¢n¢ern basis. The trust8es are mindful of
Ihe noed to prepare reallsllc budgets and then olvsely monitor actual flnancial perform2nce of the
planned activitigs. The trustees have taken ir)lo aoGount all iriformation that could reasonably be
expgclod to be available and consider that there are no malerl81 uncertainties related to events or
conditions that may cast significanl doubt upon the CIO'S ability *0 contlnue as a going concem.
13 Incomè
Al Income is recognised 0￿ce Ihe CIO has entiUement to the income, it15 probabl8 that the income wlll
be received and the amount of Income receivable can be measured reliably.
For legacies, entitlement is iaken as the earlier of the dale on which either. the charity is aware that
probate has been granted. the estate has been finalised and nolrficalion has been made by the
exeGulorls) to the Trust that a dlstribution will be made, or when a di*lribution is received from tho
esta19. R8ceipt of a legacy. in wholo or in part, is only considered probable when the amount can be
measured reliably and the charity has been nollfied of the executor's intention to make a dlstrlbution.
Where legacies have been notified to the charity, or Ihe Charity is aware of the granllng of probate, and
the criteria for income recognitlon have not been met. then 1he1g98cy is treated as a contingenl asset
2nd di5c105ed if material.
Grants are included in the statement of financial activities on a recelvable basis. The balance of income
received for specific purposes but not expended during the period is shown in the relevaiitfunds on the
balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred
and inGluded in creditors as deferred inGome. Whero entitlement occurs before income is received. the
income is accrued.
12

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2. Accountlng policies Icontlnuod)
2.3 Income (continued)
Donated services or facilities are recognised when the CIO has control over the Item. any conditions
associated with the donalad itsm have b8en met. the receipt of economic benefft from the use of the
CIO of the item is probable and that economic benefit can b8 measured rellably.
On receipt, donated professlonal sarvices and faclllties are recogni8ed on the basis of the value of th&
grft to the CIO which Is the amount it would have been willing to pay to obtain services or facilities of
equlvalent economic benefit on Ihe open maik8t.' a corresponding amount is then recognised in
expenditure in the period of reGeipl.
Income tax recoverable In relation to donats'ons received under Glft Aid or deeds of covenant is
recognised at the lime of the donation.
2.4 Interest ro¢glvabl
Interest on funds held on deposlt Is In¢luded when receivable and the amount can b8 measured
reliably by the CIO.. this is normally upon notifiGalion of the interest paid or payable by the institution
wlth whom the fvnds are deposlt8d.
2.5 Expondlture
Expendltura is recogn18ed once there is a legal or construcllv8 obligatlon lo transf8r e￿nomiC bgnellt
to g third party, it Is probable that a transfer of economic beneflts wlll bg r8quired in settlément and
the amount of the obligation ¢an be m88sured reliably. Expendlture Is cla85ified by actlvity. The oosls
of each aGtivity are made up of the total of direct costs 8nd shared costs, including support costs
Involved in undertaking each activlty. Dlrecl costs allribulable to a single acllvlty are allocated directly
to that oclivlty- Shared costs whlch contrlbute to more than one activity and support costs whlch are
not attributable lo a singlè sclivily are apportloned between Ihosa activilies on a basls consistent wllh
the u89 of resources. Cenlral staff costs ar8 allocated on the basls of Ilm8 spent, and depreciation
charges allocated on the portion of the asset's use.
Expendlture on ralsing fvnds Includes all expendi￿re inGurred by the CIO to raisa funds for its
harilable purposes and includes costs of all fundraising aclivilie8 events and non-charitable trading.
Expendlture on charitable ac11v￿leS is incurred on dirgclly undertaklng the acllvlties which further Ihe
CIO'S objectives. a8 well as any as80ciated support costs and costs relatTng lo the govemance of the
CIO apporuonad to charitabl8 8ctiviti8s. Support costs are thoso costs incu￿ed directly in support of
expenditure on th8 objects of the CIO. Governance costs are those Incurred in connection Mth the
admlnlstration of the CIO and complian¢¢ with constitutlonal and statutory re4uirement8.
2.6 Irrecovèrablo VAT
As a registered Gharity All Souls SeN8 The Clty CIO Is generally not liable lo tax on Its Sufplus or
eapltal gains. It is ￿0t, howev8r, exempl fiom value added tax. Irrecoverable value added tax is
Included in the cost of thos8 Items to which it relates.
2.7 Dobtors
Trade and other debtors are recognised al Ihe settlement amount after any trade discount offered.
Prepayments are valued at th8 amount prepaid net of any trade discounts due.

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2. ACCOUn￿ng pollcles (continued)
2.8 Cash at bank and In hand
Cash at bank and in hand include5 cash and short-lerm highly liquid Investments with a short maturity
of three months or less from the date of acqui511ion or opening of the deposit or slmllar account.
2.9 Llabllltlo$ and provlslons
Llabilllles are recognised when there is an obligation at the balance 8heel date as a result of 8 past
event. it is probable that a transfer of economic bengfi'l will be required in set118m8nL and the amount
of the selllement can be &stim8ted reliably.
Liabiliti&s are recognlsed at the amounl that the CIO anticipates Il will pay to settle the debt or th¢
amount it h8s recelved as advanced payments for the goods or seNices it rnust prowde.
Provisions are maasured al the best 6stlmate of the amounts requlred to settle the obllgallon. Where
the effect of the tim8 value of money Is materlal, the provislon Is based on the present value of those
amounts, discounted al the pre-tax discount ra18 that Teflecls the rlsks speckfiG to the liability. The
unwinding of the discount Is recognised in the statement of financlal acllvltles as a finanGe Gosl.
2.10 Flnanclèl In8trum•nt8
Thè CIO or)ly has financial assets and finanGlal liabilitles of a kind that quallfy ab baslc financlal
Instruments. Basic financlal Instruments are initially recognised al transaclon value ond subsequently
measured at Ihelr settIemenl value.
2.11 Pgn$lon$
The CIO operates a defined conlrfbullon penslon scheme and the penslon ch8rge represents the
amounts payable by the CIO to the fund in rospect of the y89r.
2.12 Fund accountlng
General funds gre unrestricted funds whlch are available for use at the discretion of the trustees In
fiJrth8rance of th8 g&n6r81 objectives of the CIO and which have not been deslgnaled for other
purposes.
R8slricted funds are funds which are lo be used in accordance wtth specific restrictions imposed by
donors or which have bggn raised by the CIO for particular purposes. The costs of rai8ing
administering such funds ar8 charged agalnst the specific fund. The aim and use of each Testrictad
fund is set out in the notes to the finar¢cial statements.
Investment Income, gains and losse5 are allocated lo the appropriate fund.
3. Critical a¢¢ountlng ostlmates and areas of judgement
Estimates and ludgements are continually evaluated and are based on histodcal experience and other
factors, Includlng expectations of fvture 8vents that are believed to be reasonable under the
ctrcumstances.
The CIO Makes estimates and assumptions conGerning Ihe future. The resulting accounting estitnates
and assumptions will. by definition, seldom equal the related actual results.
14

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
4. Income from donatlons and lggaclas
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
funds
2024
Total
hinds
2023
Donauons
360,410
233,318
693,728
461,148
Legacies
Gran15
104,000
21,129
126,129
121,838
Totsl 2024
464,410
254.447
718.857
582,986
Total 2023
336,177
246,809
582.986
In the year endad 31 December 2024 unrestrtctBd donation5 includes donated services, valued at £84.847
(2023 - £70,642), In respect of time devot8d by employees of All Souls, Langham Place.
In¢omo from Inveslments
Unrestrfcted
funds
2024
Rostrlcted
tunds
2024
Totsl
funds
2024
Total
funds
2023
Bank interest
1,979
1,979
1,214
Total 2023
1,214
1.214
15

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendltura on ralslng funds
Costs of ralslng voluntary income
Unrestrlcted
funds
2024
Rgstrictod
fund$
2024
Totsl
funds
2024
Total
funds
2024
Fundraisels costs
10,317
10,317
13,015
London Marathon expenses
2,200
2,200
2,271
Donation proc8ssing fees
3,860
1,423
5,283
4,845
Cost of fundTalslng events
1,848
1,620
3,468
3.356
Total 2024
18,225
3.043
21,268
24,487
Total 2023
20,405
3,082
23.487
Analysls of BXPOndlture on ¢harltabl6 actlvltlos by fund
Unrestrlcted
funds
2024
Ro8trlctod
fund8
2024
Total
fvnds
2024
Total
funds
2023
Tolal expendlture on ¢harltable actlvltl88
216.384
299,859
516,243
399,866
Total 2023
142,063
257,803
399,866
8. Analys16 of expèndtturo on charltable 8Ctlvltles by typo
Support
costs
2024
Total
funds
2024
Total
funds
2023
Dlre¢t ¢osts
2024
Total expendlture on charitable aGtivtrt"es
342,805
173.434
516,239
399.866
Total 2023
272.001
127,865
399.886

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
8. Analysls of expandlture on charltable actlvltles (contlnued)
Analysis of direct costs
Total
funds
2024
Total
nds
2023
Staff costs
307,752
222,802
ASLAN
20,841
40,257
Tamar
10,068
6.934
Senior Care
3,960
1,769
School Work
194
239
342,805
272,001
Analy816 of support costs
Totsl
funds
2024
Total
funds
2023
Managem8nt charges
69,677
45,123
other personnel Gosts
General runnlng ￿$t9
Legal and profgsslonal fees
Govemance costs- slrateglc plannlng costs
Governan￿ costs- Independent examlners, remuneration (see below)
12,960
8.392
81,648
30.432
37,483
5.625
1,875
2,600
4.560
173,434
127,865
9. Indopendent examlner's remungrauon
The independenl examiners, remuneratloti amounts to an independent exarTJination fee of £2.50012023-
£2,280) and financi81 statement preparation serwGes £nil12023- £2,280).
17

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10. Staff costs
2024
2023
Wagès and salaries
Social security costs
Contribution to defined Gontribution pension Schemes
268,221
24.011
17,520
192,343
16.977
13,482
307,752
222,802
The average number of persons employed by the CIO during the year was as follows..
2024
2023
No.
Tamar
ASLAN
S&nlor Care
Management and admlnistratlon
No 9mployee recelved remuneration amounting to more than £60,000 In elth&r year. Total remuneratlon
and b8nefrts payable to key management personnel was £47,73812023 - £39,7281-
Management support $8rvlces were provlded by staff at Al Souls. Langham Place. Ahhough no payment was
made for these service8 It Is estlmdted that £21,388 out of a total donation in kind of £84,84712023- £23,547
out of a total dona￿On in kind of £70,642) induded within expenditure could reasoriably be attributed to key
management Gosls.
11. Trustoèl. rèmunoratlon and expgnso$
Durfng tha year, no truslees rè¢8iv8d any remuneration or other benefils12023 - the same).
During the year. no trustees re￿iVed any reimbursement of expenses (2023- the same).
12. Dobtors
2024
2023
Due within one year
Other debtors
15,998
2.200
5,603
12,787
3.859
6,184
Prepayments and accrued income
Tax recoverable
23,801
22,830
18

ALL SQULS SERVE THE C￿y CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Creditors: amounts falling duo within ono yoar
2024
2023
Olher Gredilors
21S,421
183,644
Accruals and deferred income
21.280
8,310
236,701
191,954
14. Fin•n¢i81 in8trum•nts
2024
2023
Flnan¢lal assets
Fin8naal assets measured al fAlr value through irbcome and expendlture
1,255,058
1,027,957
Flnandal assels measured 8t fair value through InGorne and expendlture comprise cash at bank and In
hand.
19

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Statoment of funds
Statement of funds - current yoar
Balanco at 1
January
2024
Balancg at
31
December
2024
Incom8
Expendlture
Transfer of
Funds
Unrestrlctod funds
G8n8ral Fund
476,275
466,389
1234,6091
124,464)
683,591
R8strlct8d Fund8
Senlor Care
(6,262)
12,009
(41,679)
36,932
Youth
2,279
2,279
ASLAN
292,654
81,038
{111,7481
14,9861
256,958
Tamar
76,345
171,400
{149,2811
16,4821
91,982
Schools Vvork
17,542
{10,000}
1194)
7,348
382,868
254.447
1302,9021
24,464
368,567
Total of funds
858,833
720,836
1537,5111
1.042.158
Alm and uso of rostrbctod fund$
The majority of restriGted funds represent grants and donations received for speclfic projects or purposes.
Where these have not been expended durtng the period they are cathed fomard to future periods.
Senlor Caro Is a restricted fijnd for any Income and expenses chargeable lo the woik wlth senlors. including
the provision of lunches. Expenses in this fund are direct salary costs, equipmanl for use by the project and
the CIO'S attrlbutable contribution tcs common iunning costs. e.g. Lrtilily bills gtc.
Youth 15 8 reslricled fund for any income and expenses chargeable lo work with youth and young people. No
charge5 have been made to this project Ihls year, we will apply these funds to our Schools Work when it
restarts.
The ASLAN fund supports the CIO'S work wlth homeless people.
The Tamar fund suppo¥ts the CIO'S work in Vvestminster to reach and support workers in the sex industry, wllh
a focus on trafficked women.
Schools Work is a restdcted fund for income and expenses chargeable to the work with All Souls C of E
Primary School. The schools worker, once appointed, will build on existing activlties for a range of after-school,
in-school and holiday programmes including assemblies, bible Study, sport, music. and craft.
20

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Statomont of funds Icontlnuad)
statement of funds - prior pèriod
Balance at
31
Dec8mber
2023
Balance at
1 January
2023
Income
Expenditure
Unre8lrl¢tod fund$
General fund
301,352
337,391
1162,468)
476.275
R6$trlctèd funds
Sgnior Care
2,413
31,287
139,9621
16,262)
2,279
Youth
2.279
ASLAN
283,097
95,385
(85,8281
(134.8561
1239}
292.654
T8mar
91,067
120,134
76,345
S¢hools Work
17,778
17,542
396.634
246,809
1260,885)
882,558
Total of fvnds
697,986
584,200
1423,353)
858,833
16. Summary olfunds
Summary of funds - curr9nt ygar
Balance at 1
January
2024
Balance at
31
Dgcember
2024
Incomo
Expèndlturo
Transfar of
Funds
G8n8ral funds
476,275
466,389
1234,609)
{24.4641
683,591
Reslrirted funds
382,558
254.447
(302,9021
24.464
358.567
858,833
720,836
{537,511)
1,042,158
21

ALL SOUL5 SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
16. Summary C*f funds l¢ontlnued}
Summary offunds - prtor pgriod
Balance at
1 January
2023
Balance at
31
December
Income
Expendiknr8
2023
General fijnds
301,352
337,391
1162.468)
476,275
Re5trlcled funds
396,634
246.809
1260,885)
382.558
697,986
584,200
{423.353y
853,833
17. Analysls of n6t a880ts botwoon fund6
Analy818 of net a889ts betwoon funds - Gurrent year
Unr69trl¢t•d
funds
2024
Restrlctèd
funds
2024
Total
funds
2024
Currents assets
805,168
473,691
1.278.859
Credltors due withln one year
1121,5771
1115,124)
1236,7011
Total
683,591
358,567
1,042,158
Analysls of net assots between funds - prlor perlod
Unreslrlcted
funds
2023
Restrlcted
funds
2023
Total
funds
2023
Currents assets
664.479
386.308
1,050,787
CTrdllors due within one year
1188,2041
13,7501
1191,9541
Totsl
476,275
382,558
858,833
22

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18. Raconclllatlon of net rnovement in funds to not cash flow from operating activiti8S
2024
2023
Net income for the year (as per Stalement of Flnaneial Acb'vities}
183.325
160,847
Adluslments for..
DIvKlends, interests and rents from investments
{1,9791
11,214)
(Increaseydecrease in debtors
1971)
19.952
Incre8selld8crease) In Grefjitors
44,747
124,1441
Net cash provldod by operaUng a¢tlvltlas
225.122
155,441
19. An8lysl$ of ¢ash and cash equlvalents
2024
2023
Cash In hand
1,255,058
1.027,957
Total Gash and ¢a6h &qulvalents
1,255,058
1.027,957
20. Analysls of change8 In net dobt
At1
January
2024
At31
Decgmbgr
2024
Cash tlows
Cash Al bank and In hand
1,027,957
227,101
1.255,058
21. Penslon costs
ASSTC CIO operate5 a definod contributlon pension scheme. The assets of the scheme are held
separ8t8ly from those of the Gharity in an independently-adminislered ftjnd. The pension cost charge
represents contribullons payable by the charity to the fund and amounted to £17,520 (2023- £13,482).

ALL SOULS SERVE THE CITY CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
22. Mgmb•rfs Itablllty
The CIO'S sole member. Al Souls, Langham Plao la body corporate) undertakes to Gontsibute to th6
assets ofthe CIO in the evenl of It belng wound up while it is a member, or within one year after It ceases
to be a mèmber. such amount as may be required, not exceeding £1. for the payment of debts and
liabilities contracted before it ceases to ba 8 member.
23. Related party transactlong
Total donatlons, across all funds. reGeived from truste8s durrng the period amounled to £9.91612023 -
£3.514).
At 31 Dacembèr 2024. £215,421121Y23 - £183,463) was due to All Souls, Langham Plac8 {ASLP). Thls
is a related party as ASLP has th8 power to appolnt or remove a slgnlftGant number of the trustsa8 of
the CIO. Durlng tha year, transactlons with ASLP were as follows..
A grant of £72.00012023- £88,664) was reGeived from ASLP'S general fvnd
ManagemeTrt charges of £59.577 (2023 - £45,123) wer& made by ASLP
Totsl SUPFt*rt costs provlded by ASLP were £144.424 (2023 - £115,765), resultlng In a donatlon In
klnd of £84.847 (2023- £70.642)
ASLP provided admlnlstratlve and teohnlc41 support to th8 CIO dur5ng 2024 and Is expe¢ted to do so for
the foreseeable fvturb.
24. Post balanco 8hoOt •vant
Th8re are no p05t balance Sheet events to repo
24