REGISTERED CHARITY NUMBER: 1199381
Re_port of the Trusteès and.
Flnancl I S
for thè Yaar Ended 31st March 2024
Anglican Convocation EuroJ)e_
Hodgsons
Chartered Accounlanls
48 An￿enack Street
F8lmoulh
Cornwall
TR11 3JH

A lican Convocati
Contents ofthe Flnanclal Statements
for the Year Ended 31st March 2024
Report of the Trustsos
1 to 2
Independent Examin*s Rèport
Statemerrt of Financlal Activit6es
Statement of Flnancial Position
Notes to the Flnanclal Statements
6 to 11
Deta11￿ Statem?nt of Flnan¢lal Actlvltles
12

An
li¢an Convocation Euro
ort_ofthe_Trustees
for the Year Ended 31st March 2024
The trustees present their report with the finanaal statements of the charity for the year ended
31st March 2024. The trustees have adopted the provisions of Accounting and RepDrting by Charities..
Stslemenl of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the
Financial ReF￿rtIng Standard ar¥Jlicable in the UK and Republic of Ireland IFRS 102} leffeclive l January
2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Anglican Convocation Europe IACEI became 8 charitable incorporated organisation, ￿gIStered with the
Charity Commission (England and Wales), on 20 June 2022. ACE was established to advance the historic
orthodox Anglican Christian faith in accordance with ACE'S vision, identity, values and convictions. primarily
thin Europe. This includes, but is not restricted to, planting and slrenglhoning congregations and mtnisty
units who subscribe to the Jerusalem Dedaratson 2008, 8nd f8¢ilit2ting the ministry of the convocation
Bishops. ACE seeks lo be 8 home for faithful Angli¢8n churches ¢x>mmitted to making disciples of Jesus
Christ across Europe.
Public benefit
Trustees have regard for the Charity Commission's guidance on public benefit in their discussions and
decision makFng, in particular the specific guidance on charities for the advan¢emelll of religion.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year. most of the income for ACE was gifted by member ￿ngregatiOnS and ministy units.
together wth some individual donations.
ACE grfted £23,424 to Angli¢an Network in Europe, towards the ministy costs of the provincial and diocesan
bishop. Two further grfts were made during the year.. £1,400 was given lo th& Global Fellowship of Confessing
Anglicans, and £1,000 was given to Gafcon GB & Europe.
Membership
F¢¥iir ehiiw.h>.¢ w*.rét. thg. fr)iindinJ m@.mhp.r￿ of ACF in JiinÈ ?0?? fk¢rirvJ the last 1 ? months. thp nijmber of
churGhe5 and ministy units increased from 10 to 14. Our membership now consis15 of the followin9 churches
or ministry units=
SCOTLAND.. St Si18s Glasgow, St Thomas Edinburgh, Weslhill Community Chtjrch Abe¥deen, Holy Trinity
Ardnamurchan
WALES.. Wellspring Anglican Angle, All Saints Colwqn Bay, Fellowship 345 Aberyswth
ENGLAND.. Anchor Church Fowey, Wellfield Church Leyland, The Way Church Bolton
GERMANY.. Immanuel Church Monchengladbach, German Congregation English Church Leipzig
PORTUGAL.. All Saints Lagoa, Cht7St The ￿ng Amancil
There are several other d)urches and ministry units Cur￿ nlly making enquiries about the possibility of
membership ofACE.
FINANCIAL REVIEW
Financial position
During the year, the charity n￿de a nel income of £S,792.
Al the year end the charity had the following on the balance sheet..
Current Assets of £15,864
Current Liabilities of £1.235
Net Assets of £14,629, all of which are in the fomi of unrestricted funds.
Rese￿eS policy
Reserves held by charity ate revi&w@d and discussed by the trustees al meetings held during the year. The
charity's aim is lo hold a minimum of £10,000 in reserves, equal to approximalety 3 month's operating costs.
The unrestricted resèrve as at 31st March 2024 was a surplus of £14.629 compared to a surplus of £7.837 in
2023.
Page 1

R&po.rt of.the Trustees
r tha Year Ended 31st March 2024
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Governing document
The charity is controlled by its goveming document. a corvstilution for a tharitable Incorpmtgd organisation
{CIO) using the Association model.
Recrultm8nt and appointment of new trustees
Tnjstees are appointed for a temi of 3 years Irenewable for one further lemil, by the d8cision of the members
at the Annual General Meeting. The Trustees have the power to fill any vacancios or co-opt up to tsvo
addilional Irustees in order to bring additional skills. Any vacancies may be filled. The trusteos are recruited
from representsthves of congregations and ministy units.
REFERENCE AND ADMINISTRATIVE DETAILS
R¢gl$t•r¢d Charfty numb•r
1199381
Pflncipal address
20 Losismthiel Street
Fowey
Comwall
PL23 1BE
Trustees
Rl Rev A J Lines
Rev M Ayers
D Miller Bogie
Rev P de G￿Y-warter
Rev D Mccarthy
Ms P Elias lappoin*ed 18.9.231
Ms D E Kelly lappoinled 18.9.23
Indep•rtd•nt Ex8Mln•r
James Fkxlgsons FCA BA (Hons)
Hodgsons
Ch3rter8d A¢countsnts
48 knenack Street
Falmouth
Comwall
TR11 3JH
03105121Y24
Approved by order of board of trustees on ............................................. and signed ors its behalf by..
Rl Rev A J Lines- Trustee
Page 2

Inde
.-ndent Examlngr'$ Rèport to thfy Trust¢g$ of
lican Convocation Euroie
Independont examlner's report to th• trustees of Angllcan Convo¢atlon Europe
I report to the d)arity trustees on my examination of the accounts of Anglican Convocation Europe (the Trust)
for the year ended 3151 March 2024.
Responsibilities and basls of report
As the charity Irusle¢s of the Tfusl you are Tesponsible for the preparation of the accounts in acc(Irdance with
the requirements of the Ch3rilies Act 2011 {'the ACVI.
I report in r$spe¢l of my examination of the Tiusl's 8c¢ounls carried out undeT Section 145 of the Act and i
¢arrwng out my examinab.on I have followed all applicable Directs'ons given by the Charity Commission under
Section 14515llbl of the Act.
lThdeptrnd&nt examiner's ststement
I have completed my examination. l Confim that no material matters have oorne to Fny attention in connection
wth the examinalK)n giwng me caL¢5e lo believe that in any material respect..
accounting Tecords were not kept in respect ot the Trust as required by Section 130 of the A¢l,' or
the accounts do not accord wth those records," or
the accounts do not Cofnply with the applicab￿ requirements Con￿rning Ihe fomi and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an independent
examinat￿n.
I have no concems and have come across no other matters in connecb.on wilh the examination to which
attention shoijld be drawn in this report in order lo enable a proper understanding of the ac¢>)unts lo be
reached.
James Hodgsons FCA BA (Honsl
Hodgs(A)s
Chartered AccoLtnlants
48 Arwenack Sireel
Falmoulh
Cornwall
TR11 IJH
D81e'.
Page 3

lican Co
Stat•mont of Flnanclal Actlvltlos
Lor the Year Ended 31st_March_2024
Peric
20.6.22
Year Ended
31.3.24
Total
funds
31.3.23
Total
funds
Unreslri¢ted
fund
Restricted
fund
Notes
INCOME AND ENDOVNENTS FROM
Donations 8nd legacies
51,598
51,598
76,292
Other income
640
Total
51,628
51,628
76,932
EXPENDITURE ON
Charltablo actlvltigs
Intemal expenses
Govemance costs
Giving to others
41.558
878
41,558
878
2.400
44.187
730
24,178
Total
44.836
44,836
69.095
NEf INCOME
6,792
fj.792
7,837
RECONCIUATION OF FUNDS
Total funds brought forward
7,837
7A37
TOTAL FUNDS CARRIED FORWARD
14,629
14629
7,837
CONTINUING OPERATIONS
AJI income and expendiiure has 8risen from ¢ontinuing aclivities.
The notes fomi part of these fin&r￿la1 statements
Page 4

A Itcan Convoeotlon Europ¢
Statement of Financial Position
31st March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
fund
Notes
CURRENT ASSETS
Cash al bank
15,864
15.864
9,055
CREDITORS
knounts falling due within one year
11,2351
{1.2351
{1,218}
NET CURRENT ASSETS
14.629
14,629
7,837
TOTAL ASSETS LESS CURRENT
LIABILITIES
14.629
14,629
7,837
NET ASSETS
14.629
14,629
7,837
FUNDS
Unrestricted funds
12
11629
7.837
TOTAL FUNDS
14629
7,837
The financial 5tstements were approved by the Board of TDJslees and authorised for iSSLte on
'0310512ff*4........................... and were signed on its behalf by-.
D Miller Bogie- Trustee
The notes form part of these financial siatements
Page 5

Iscan Convocation E ro
Notes to th¢ Financial Statement
frjr the Year Ended 31 t March 2024
INFORMATION
Angtican Corivocalion Europe is a charlty registered in England and Walgs. The charity is structured
as a charitable incorporation organi5ation. The chafity's registered number is 1199381 and the
registered office address is office 4. 20 LO5￿thI81 Street. Fowey, PL23 1BE.
The presentation currency of the charity is Pound Sterfing. Monetary 8mounts in the financial
statements are rounded lo the nearest POLIr￿ l£}.
The ffinancial statements cover an irKliMdual entity.
ACCOUTrrnNG POLICIES
Basis of wèparlng the Ilngn¢lal statamonts
The finanrAal slalemenls of (he charity, which is a PLtbli¢ benefit entity under FRS 102, have been
prepared in accordance vlth the Charities SORP IFRS 1021 'Accounting and Reporting by Charities..
Statement of Recomtnendtsd Practice applicable lo charities PTep2ring their accounts in accordan
th the Finanoal Reporling Standard applicable in the UK an(J Republic of Ireland {FRS 1021
leffecbve 1 January 20191,, Financial ReFX)rting Stsndard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial Statements
have been prepared under the historical cost convention.
Going concern
The trustees have reviewed the finanu81 position of Ihe charity and wnsidered funding requirements
for 12 months fiom the dale of approval of the finanu81 slatemenls. The trvslees have condLtded that
there are no material uncertainties in relation to going concem and have accordingly prepared the
finanaal statements undeT the going concem basis of accounting.
Income
Al income is recognised in Ihe Stalemefit of Finan¢ial A¢livilies once the charity has entitlement to the
funds. it is probable that the income will be fecHved and the amount can be measured reliably.
Expendlture
Liabilities a￿ re￿gniSed as expenditure as soon as Ihere is a legal or constructive obligation
cownmilting Ihe Charity to that expenditure. il is probable that a transfer of economic benefits will be
required in setdemenl and the arr￿Unt of the obligation Can be measured reliably. Expenditure is
accounted for on an accruals basis and has been dassified under heading5 that aggregate al c05t
felated to the category. Where ¢osts cannot be directly attributed to particular headings they have
been allocated lo actiwties on a basis consistent the use of resources.
Taxatlon
The charity is expmpt from lax on its chantsble a¢tivities.
Fund ac¢ountlny
Unrestrlcted funds can be used in accordance with the chaFitable objective5 at the discretion of the
trustees.
Restricted funds Can only be used for particular restii¢ted purposes wthin the objects of the charity.
Restrictions arise when spec*fied by the dontx or when funds are raised for particular restricted
purposes.
Ftjrther explanation of Ihe nature and purpose of each fund is included in the notes to Ihe financial
statements.
Pension costs and other post-retiyemgnt b8nefits
The charity operates a defined contribution pension scheme. Contrib(rtions payable to the charivs
pension 5cheffle are charged to the Ststsmenl of Financial Activ¢ties in the period lo thich they relate.
Page 6
continued...

An
Ilcan Co.nvo￿t[0n E.uro
Notes to the Financlal Statements- contlnued
for the Year End￿ 31st March 2024
ACCOUNTING POUCIES- contlnued
Financial instruments
The charity has chosen to adopt the Sections 11 and fj2 of FRS 102 in respect of financial
instruments.
lil Finan¢ial assets
Basic financial a$5els, including trade and other receivables, cash and bank balances are initially
rocognised al Iiansaclion price, unless the aThangement constitutes a financing transaction, where the
transaolion is measured at the present value of future receipts. discounted at a market rate of interest.
lil) Financial liabilities
Basic financial liabilities. including trade and other payables are initially recognised at transaction prtce,
unless the arrangement constitutes a financing transaction. where the debt instrument is measuied al
the present value of future payments, discounted at a market rate of interest.
Debt instruments are SubSeq￿ndY carried at 8mortised cost, using the effective interest rate method.
DONATIONS AND LEGACIES
Period
20.6.22
to
31.3.23
Ygar Endod
31.3.24
Donations
51.598
72,040
4,252
Gfft aid
51.598
76,292
CHARITABLE AcnviTIES COSTS
DI￿¢t
Costs (see
note 5
Support
Costs (see
note 6}
Totsls
Internal expenses
Govemance costs
Giving to others
41,558
41,558
878
2.400
878
2.400
43,958
878
44.836
Page 7
continued...

vocat
olo￿t0 the Financial Statements- continued
for the Year Ended 31st March 2024
DIRECT COSTS OF CHARITABLE ACTMTIES
Perioj
20.6.22
Year Ended
31.3.24
31.3.23
Staff costs
Travel costs
Insuran
Subscripts'ons
orrice cosis
Stipend contributions
Sundries
15,127
2,322
259
426
14,683
27,899
249
1.441
71
23.012
1.010
2.400
43.958
68.365
SUPPORT COSTS
Govemance
sts
Govemance costs
878
Support costs, included in the above. are as follows..
Period
20.6.22
Yoar Ended
31.3.24
Govemance
31.3.23
Total
activities
Accountancy and legal fees
878
730
TRUSTEES. REMUNERAnoN AND BENEFITS
SlipeThJ contributions of £23.424 were paid to Rt Rev A J Line5 during the year as a part payment of
salary12023'. £23.012}.
There were no other Iruslee's remuneration or benefits for ihe year ended 31st Marth 2024.
Trustg9s' expgn$o$
There no trustees. expenses paid for the year ended 31st March 2024 nor for the period er￿ed
31st March 2023.
Page 8
Continued...

Anglican ConviKation Euro
Nol8$ to tho Flnan¢ial Statements . continued
for the Year Ended 31$t Mar¢h 2024
STAFF COSTS
Peri
20.6.22
to
31.3.23
Year Ended
31.3.24
Wages and salaries
So¢i81 security costs
Other pension costs
13.860
657
610
13,873
448
362
15.127
14.683
The average monthly number of employees during the year was as follows..
Period
20.6.22
Year Ended
31.3.24
31.3.23
Administration
No employees received emoluments in ex¢ess of £60,000.
COMPARATIVES FOR THE STATEMENT OF RNANCIAL ACTIVITIES
Unrestricted
fund
Restricted
fund
Totsl
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
52.114
24,178
76.292
Omer I￿Ome
640
Total
52,754
24,178
76,932
EXPENDITURE ON
Charttable activitie5
Internal èxpenses
Govemance costs
Givlng to olhefs
44,187
730
44.187
730
24,178
24,178
Total
44,917
24,178
69,095
NET INCOME
7,837
7,837
TOTAL FUNDS CARRIEO FORWARD
7.837
7,837
Page 9
conlinued...

A Ilcan
onvocatl n Euro
Notes to the Financial Statement5- continued
for the Year Ende(131st fv1arch 2024
10. INDEPENDENT EXAMINER'S FEES
The amounts payabie lo the independent examiner for the period are as follows:
Independent examinalion
Accountancy services
£162
£552
11. CREDrroRS: AMOUNTS FALLING DUE VIIThIN ONE YEAR
2024
2023
s￿la1 security and other taxes
Accrued expenses
521
714
724
1,235
1,218
12. MOVEMENT IN FUNDS
Nel
movement
in funds
At
31.3.24
At 1.4.23
Unrestrictod fund$
Gelle￿1 fund
7,837
6.792
14629
TOTAL FIINDS
7.837
14629
Net movement in fvnds. induded in Ihe above are as follows..
Incoming
re8our¢ea
Resources
expended
Movemenl
in funds
Unrestricted funds
General fund
51.628
(44.836)
6,792
TOTAL FUNDS
51,628
144,836)
6,792
Comparativos for movem8nt in funds
Nel
movement
in funds
At
31.3.23
Unr8stricted funds
General lund
7.837
7,837
TOTAL FUNDS
7.837
7.837
Page fo
conttnued...

Anglican_convocation Euro
Notas lo th* Financial Statements- continued
for the Yoar Ended 31st Mar¢h 2024
12.
MOVEMENT IN FUNDS - contlnu•d
Comparative net movement in ftjnds, tnduded in the 8bove are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General Itjnd
52,754
144,9171
7,837
Restricted funds
Kigali ftjnd
24.178
124,1781
TOTAL FUNDS
76,932
169.0951
7,837
13. RELATED PARTY DISCLOSURES
Other than the stipend contribution referred to in note 7, there were no related party Iransaclions foT
the year ended 31st Mar¢h 2024.
Page11

onvocatlon Euro
a_Iled_ Statement of Financial Activities
for the Year Ended 31st March 2024
Period
20.6.22
lo
31.3.23
Year Ended
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
51.598
72.040
4,252
51.598
7fj,292
Othor Incom8
Bank compensation
30
Total Incomlng resources
51.628
76,932
EXPENDITURE
Charttabl• actlvltiOS
Wages
Social security
Pensions
Travel costs
Insur8n¢e
Subscriptions
offi￿ costs
Stipend contributions
Sundries
13,860
657
610
2,322
259
426
13,873
27.899
249
1,441
71
23.012
1.010
23A24
2,400
43,958
68,365
Support costs
Governance coyts
Accountancy and legal fees
878
730
Totsl resources expended
44,836
69,095
Net Income
6.792
7.837
This page does not fomi part of the statutory financial statements
Page 12