STG St Gregory's Church Charitable incorporated organisation Trustee Report and Unaudited Financial Statements For the year ended 31 December 2023 Charity Number 1201125
St Gregory's Church Contents Page Legal and administrative information Report of the Trustees Independent Examiners Report io Statement of Financial Activities Ilncluding Income & Expenditure Account) li Balance Sheet 12 Notes to the Financlal Statements 13- 17 Page 2
St Gregory's Church Le al and admlnlstrative informatlon Status: St Gregory's Church is a charitable incorporated organisation (CIO) registered with the Charity Commission on 23 November 2022, Tho Trustees: Richard Spens (Chairl Michael Horne Oluwadamilola Makinde Rev Jonathan Soper Grace Wheeler (resigned 16th January 20241 Charlty Numbèr 1201125 Roglsterad Offlc• 22 Stret Myghlern Arthur Newquay TR8 4GJ Church Loadars (r•8pon8lblo forloadershlp of the church'8 activitie$) Revd. Anna Mason. Bankers The Co-operative Bank PLC PO Box 101 1 Balloon Street Man¢he5ter M60 4EP Indopendent Examln•r Chris Goodhead FCA Knight Goodhead Ltd 7 Boumemoulh Road Chandler's Ford Hampshire S053 3DA Pag8 3
St Gregory's Church Report of the Trustees for the year ended 31 December 2023 The Trustees presents their report and the financial statements for the year ended 31 December 2023 Governance Stiucture and Mana ement Governing Document: The CIO is governed by its constitution, a legal document set out to establish the Clos purposes and how they will be carried out. Structure: The CIO operates under a 'foundation' model constitution and therefore its only votlng members are charity trustees. The trustee will be responsible for maklng all key decisions in term5 of policies, employment of staff, finance, legal matters and regulatory compliance. They have delegated responsibility for leadership of the church activities and its daily management to the church leader who is supported by a staff team. Members of the CIO glve their time voluntarily and receives no financial benefit from the charity. Management: The members of the CIO (charity trustees) are drawn from the wlder Christian community who bring a mix of professional skills such as church growth and management, business management, law and finance. Rlsk Management: The member5 conduct an annual revlew of the malor rlsk5 to which the charity is exposed, and systems are established or revlsed to mitlgate those risks. Internal financial rlsks are managed by the implementation of financial procedures for the collectlon, banking and recording of all donations and the authorisation and recording of all expendlture. The company has two Safeguarding Officers and a Safeguardlng Policy, The company also has a data protection policy (recently to reflect GDPR regulations). Ob'ectlves and Activities St Gregorfs is an Anglican church wlth a vision to wholeheartedly follow Jesus and serve him in Cornwall and beyond. Our desire is to develop disciples who live in and live out the story of God, following the way of Jesus with a redemptive vislon to serve God locally as well as across the reglon in their workplace, schools and neighbourhoods. The Object of the CIO Is the advancement of the Christlan faith in accordance with the rites and ceremonies of the Church of England for the public benefit in particular wlthin Ibut not limited tol the Diocese of Truro in particular by, (but not limited tol establlshing a new worshipping community. Page 4
St Gregory's Church Public Benefft Our activities are publicised on our website www.stgregorys.uk. The Charity benefits the general public in provision of the following.. Public services of worship (including prayer meetingsl- Public celebrations of the Christlan Festivals- Religious teachin8 to enllghten the public about the Christian Falth whether by lecture, production of literature, evangelistic events or Christlan conferences; Community groups based around location or activities. Guided activities youth and thildren. Achlevements and Performance Presence Our Sunday gatherings have been very special times of teaching, worship, prayer ministry and community throughout the year. Since the launch at the end of March 2023, we have gathered at 4.'30pm at Sunday's at Bishop5 School. Attendance as varSed between 42-85 with approximately 15 under 18's. We've shared sweet treats, hot drinks ané warm welcomes. sun8 songs of praise for all age5 and been built up by teachlng series from Psalms and Phlllppians to Emotionally Healthy Spirltualitv. We've celebrated with all-age gathering5, Invited friends and neighbours to our Easter and Christmas 8atherin8s. Attendance at our Christmas gatherlngs reached 158. We have loved making space for extended, un-interrupted time5 of worship at Seek Flrst, our monthly night of worship and interce55ion. We've been blessed to gather in different churches across Newquay including St Michaels, St Colan and St Columb Minor. We be15eve God is doing something new and powerful amongst us as we worship and we look forward to pursuing his presence together In the year ahead. Under the leadership of our worship pastor, the worshlp team comprlses of 6 people. Formation Following Jesus and becoming Ilke him is central to our vision. We encourage everyone Into practices that give us a shared shape to our lives. Daily. weekly and monthly rhythms to help us as a community to grow towards Jesus by beln8 Wlth him, becomin8 like him and doin8 what he did. We've drawn inspiration from Celtic communities who used to have 2 shared 'Rule of Life., A Rule of Life was like a trellis, a structure which helped them grow in the right direction- a set of practices and rhythms to move them towards Jesus and live as free people. Rhythms is a tool we have begun to develop for 3 or 5 people to meet regularly and contend for the kinds of patterns in each other's lives that wlll help one another be with Jesus, become like him and do the things he did. They are designed to be groups that are safe enough to heal but dangerous enough to grow and are therefore vehicles for brin8in8 about genuine Page 5
St Gregory's Church transformation in each otherfs lives. The groups are made up of 3-5 people who will share stories, take up new rhythm5 and pray for each other fortnightly, or as frequently as they wish. Hubs are our meet mid-week group where we form community. They are a lot of fun and are great way to get to know people, and invite people into community. Hub5 operate on a termly rhythm because we know in Cornwall there are things we can do in summer which we can't in winter. Some- Local Hubs- meet in homes ané get to know one another a5 they seek to love a neighbourhood together. Others- Activity Hubs- build community over a shared interest. Or- Course Hubs- 80 on a learnin8 journey together. Hubs a great way for people to get to know each other, and invite others into community. FJmllv We are passlonate about kids meeting with Jesus and having lots of fun I It's been so exciting to see an increasing number of families and foces joinin8 in on all of the games, discusslons and actlvities over the last year. We've explored a range of subject Including looking at the character of Jesus and getting to know dlfferent characters from the bible. In November 2023 we had our flrst light party for children from reception to year 6 at Newquay Orchard, It was great to see the kids inviting thelr friends along. The hi8hlight of the evenlng was glow In the dark ten pin bowling.. 2024 we are goln8 to bigger and brighterl St Gregory's youth alms to be a group of people who love God, love one another and love the communitle5 we are in.. .and we love having fun as we do itl We have younger youth sessions on a Sunday for youth in years 7-9, and our older youth meets on a Tuesday evening, for years 9-13. It ha5 been brilliant to see the youth group growing, not only in number but as young leaders and developlng a real togetherness and joy wlthin the group. During the year we have attended the 'Glow' gatherings, Put on by Creation Fest and run out of Engine House Church In Redruth. These have been a great opportunity to meet wlth other youth from all over Cornwall, to build relationships and to worship Jesus all togetherl Occasionally, we gather both younger and older youth for a bi8 social I We have also been welcome into Nansledan and Bishops primary schools, leading different sports clubs In both,. building up links and has also led a number of whole School assemblies at Nansledan School and we hope to develop these partnershlps and see it as a great opportunity to Serve our local community. And the church leader has taken on the role of governor at The Bishops Academy School in Newquav. Mlsslon We ran our first Alpha course in the Autumn, It was space for people to explore the chrlstian faith and bring their questions. We pald for a member of our church to be trained to be a facilitator for When Dream Change.. When Dreams Change is a four-week course that aims to help parents and carers reflect on Page 6
St Gregory's Chureh their experience of having a child with additional needs and to become more of the person they have been created to be. Future strategy and plans: The future plans of St Gregorfs Church are shaped by the Bishop's Mission Order that was slgned in 2023, focused on the Pydar Deanery. Along with the Pydar Deanery are seeking to start a debt centre with Christians Against Poverty ICAPI. We also aim to continue to develop our work with young families by starting Muddy Church and Increasin8 school engagement. A key further issue includes space for Sunday services. In 2023 our attendance has grown, and we are currently exploring optlons for creating room for other5 to join. Flnancial Revlew The income for the perlod amounted to £266,474. Most of the income is from glfts from church members, supporters and associated gift ald receipt5. There was a significant amount of Brant funding totalllng £92,800, more about this below. We had a passing over of funds from Kings Cr05s Church from 2022 when Kings Cross Church held our income when St Gregory's was settin8 up as a charity. Expenditure for the year totals £159,626 resultlng in a surplu5 for the year of £106,848. Total fund5 at the year-end totalled £106,84B. The grant fundlng came from two Diocese funds as follows: Fund Name Lowest Income Communities Fund ILICFI On The Way Mlssion Fundlng IMF) Amount £55,680 Restricted Purpose The Grant shall be used by St Gregorvs for the delivery of its part in the Deaner Plan. The Grant shall be used by St Gregory's for the delivery of its part In the Deane Plan. E37,120 The LICF income is recognised as Irestrictedl grant income of £55,680. This income Is set off by the Diocese against unrelated restricted expenditure of £53,500 which is due to them as contribution to the Church Leader's costs. This leaves a debtor balance of £2,180 which is carried forward In the restricted LICF fund. The LICF Income reduces over 6 years to zero The MF incorne15 paid directly to the church accounts and Is used to cover the cost of the Childrens and Youth Pastor as well as some small operational expenses. Giving poIIcv: The church's policy 15 to give away at least IO% of regular giving income to partner organisatlons in furtherance of the church's own charitable objects, and to commit not le5S than IO% to other church-led mi55ional activities. Giving has been in furtherance of the Christian faith and the relief of poverty and hardship. In 2023 the beneficiaries were.. A Rocha International Page 7
St Gregory's Church Christians Against Poverty Creation Fest Growing Hope International Justice Mission Newquay Foodbank NOA South West Youth Ministry Investment pollcy. The Charity periodically reviews its investment policy. Our investments are currently with Cooperative Bank, at the end of December 2023 we opened an account with CCLA with the intention of moving savin8 across In 2024. Reserve5 Policv". The Charlty ha5 establlshed a policy whereby the unrestricted funds not committed or invested in tangible fixed assets I'the free reserves'l held by the charity should be in the range of 3 months of the resources expected to be expended,. thls equates to approximately £30,000 in 8eneral funds. At this level, the Trustees feels that It would be able to continue the current activities of the charity in the event of a significant drop In funding. Should thls happen, It would also be necessary to conslder how the funding would be replaced or activitles changed. At present the unrestrlcted free reserves amount to £104,668 which Is above the minimum of £30,(KKJ. onsibllltles of th Tr tees In relatlon to the Flnanclal Stat8m8nts The Trustee5 are responsible for preparing the report and the financial statements in accordance with applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generallv Accepted Accounting Practice). Char5ty law requires the Trustees to prepare flnancial statements for each flnancial year that give a true and fair vlew of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and appllcation of resource5, Including income and expenditure, for the financial perlod reported. In preparing those financlal statements, the Tru5tee5 should follow best practice and: select suitable accounting policies and then apply them conslstently,. observe the method5 and principles in the Charities SORP; • make Judgments and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any rnaterial departures disclosed and explained in the financial statements,. and prepare the financial Statements on the golng concern basis unless it is inappropriate to assume that the company will continue on that basis. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure thot the financial statement5 comply with the Companie5 Act 2006. The Trustees Page 8
St Gregory'5 Church are also responsible for safeguarding the assets of the charitable company and for taking reasonable step5 for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charltles preparin8 thelr account5 in accordance wlth the Financial Reportlng Standard for Smaller Entitie5 published In July 2014 (effective January 20151 and the provlsions for small companles under Part 15 of the Companies Act 2006. Approved by the Trustee5 on and slgned on Its behalf by: q Qo+¥erfor Richard James Spen5 Chairman Page 9
Independent Examiners Report To The Trustees On The Unaudited Accounts Of St Gregory'5 Church, Newquay I report to the trustees on my examination of the accounts of St Gregory's Church for the year ended 31 December 2023. which are set out on pages to 11 to 17. Responsibllltles and bosls of report As the trustees of the Charity you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the trustee's accounts carried out under section 145 of the 2011 Att and in carrying out my examination I have followed all the applicable dirertions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlner's stotement Slnce the charlws gross Income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I conftrm that l am qualified to unijertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, whlch Is one of the listed bodles. I have completed my examlnation. I confirm that no materlal matters have come to my attention in connettion with the examination 8ivln8 me cause to belleve that in anv materlal respect: i) accountin8 records were not kept Sn respect of the Charity a5 required bv section 130 of the Act,. or the accounts do not accord wlth those record5,' or the accounts do not comply wlth the appllcable requirements concernlng the form and content of accounts set out in the Charities (Accounts and Reports) Re8ulations 2008 other than any requirement that the accounts give a 'true and fair view, whlch is not a matter considered 35 Part of an independent examination. 21 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report In order to enable a proper understandinE of the accounts to be reached. I I ro)kkn C J Goodhead FCA Kni8ht Goodhead Ltd Chartered Accountant5 7 Bournemouth Road Chandlerfs Ford, Ea5tlei8h Hampshire, S053 3DA Page 10
St Gregory'j Church, Newquay Statement of Finaneial Activities For the year ended 31 December 2023 Uwestrlrted Funts Rutrlt Fund5 2023 TOTALFUNDS Donations and Legacies Assets gifted from KXC TOTAL INCOME 75977 97,667 173.644 92B30 168.807 97,667 266.474 9Z.830 EXPENDITURE ON., CharitaWe Actwities Governance Costs TOTAL EXPENDITURE 66,673 2.303 68.976 90.650 157323 2,303 159.626 90.650 NETMOVEMENTIN FUND5 104.668 2,180 106.848 Bolance5 broughtforwaré at l January 2023 BALANCES CARRIED FORWARDAT JI DECEMaER 2023 104.568 106.848 Page11
St CFregory's Chureh. Newquay Balance Sh¢d ¥t31 December 2023 2023 Note FIXED ASSETS ComputerEquipment PAIAV Equiprnent FrtedAssets 560 1,939 607 3.105 CURRENT ASSETS Maln Church Account Saving5 Account Expense Account Gfvlw cved Debtors S,113 100,821 471 1,154 2,180 109,739 UABIUTIES Accnjals Deferred income Creditor5 due w5thin one year 1.500 4,497 S.997 NETCURRENT ASSETS 103.742 NET ASSETS io RESERVES Excess/ Idefiotl date Startln8 balances 106048 li FUNDS Unrestricted Restritted 104,668 2,180 106,848 li Apkyoved ty St Gregory'5 Tru5teÈs.' and sned on Its behalf bv.. Revd Anna Mason Church LèÈder Rlcharri Spens Chair of Twslees The notes on page5 11 to 17 form partof these financlal ststernents Page 12
St Gwory'i Ch¥relJ. Ntq¥iy iYnt¢i to Ihe FiAaotlal StaternEllt Fw tht yurtndtd 31 Dettmber2023 L ACCOUNnNG NXICIES Theflnan£ia 5taieMwtshavebE4n prep¥Èd In actardce¥vlth theChurchkcountin8RwIiyffl52006andkcountlniandRepDrtini byCharilieJ' 5tètementDI 114ind IFRS 102llett1veIJWuirY20I9j.<Chthtie$s0Ap IFR510211,theFln•icl Reportln15tdir4PpIicthIeInfheUKd Republlcol IrelandlFR5 102)d theCh¥itlesAtt2015. Thechaiiiymeetsthedqfinitionof ipubllc b¢neItlItY undti FR% 102. Ptr5 Illlitle5¥elnltllly ittD&nisI¢ h15rorlr¥ CO ortTansactlon viluunlÈts oiherwlsestatedln the1dtcCOunl1nIpol4Cyn0te(S). Fundi GweY8 fundsiepiesenithÈluhd5oliheChJrityih4ienoiiubIÈ£ttoyrtml1CtoDSrtYId1itThe1r useand art•¥•llllDf ippli<4tian onthepner41 pjipo oftheTru5tees. AestriCtedluhd5¥tlh05Edonitedlar5peclftc pulPOS VolunrLvylncomeondcopltalsources L)0nxion51ndotheilncoffleweiecoini whm Tqc¥s%d •idJDestim4teolln¢oTnt•KYttowlei5ie(oiDid whqn th•rdated donatlanSiierecoinlMd. entallnccme Rental IntoMefromtheltlniolihuich premlseslsiKwlRdwh•iihr•nt16du•. Gmnis Gfini¥Jnd donJtlcn5¥excounttdforwh•n#•ld4yei, urwhw wvded. Gi•tsand Iyie5totheChiilt¥41excounted UUn•5th•Ch¥i5ty15notlfled olltslwl wt111niht,the4motdUelsqMt1filttand Its ultlM4tereEpt bythePCCls piobiAIl¢. Churchtlvltlesitstome Incomefrom ¢hurCh•til¥tI•5 lsrecowlEedwhb)thed•t•ofihEr4oniiike5pIKe. Church OctltI# Tht dlocuan Pai15h Share Is accoutited lty Wh pd, Pallsh Sb41eunp•id •131 OeEwnbei15prowded forin thwK¢o4Jnt5 •$4n opif•iiDn Ithouth not Iwllll•bllityand Isshown a5acrLdltor Inthe8aJnceSheet. GwernancecotsiiclAMtd what1sneeded roleepyvttwvErnCfthICkWty, FI1•d•ts CtsrtrtrrplvdproptrtyoodmDveoblech¥r¢hfvrnithihos Cunieiljtd beneficed proptrtyr>fanykindiAèxcluded frNn ihexcouThtsbys.IDoltheCh¥lWe&Acr2011. JI eApenL1turinLurt1ntheVeIr on consttratodoi beneficUl1dlrn8SwF1tr&l¢ff. OtherfiXtUll1inlJO6othceeqpMehI (knlyltern50fiie4tw thaiESODecapitaisEd. Al cJpitlxed IrSlIbstrath1Ileder¢CedCvei3fvII ye415. CurYentaig515 ounts owlni iTr thE Ch¥ity * 31 DtEornbor in re5PeCt of kn tt5 a¢ Qthv Inrome are shown as debtois l&s yo¥5aTh for amounr5 th* mayprov UnCltj1e. FIn•ThtI im¢r¥mint ThÈ only enlern Inio bAiicfnanGl Instruwffjnl tnI•in•thal rn11 in the rtIOn of •J8eis end Iknbilits lihe Iwde Oth•rd•b1Q, C4$h at o4nk and cdI10r& ba6k 1kn4n¢lal InBtpum•ntB ar• inlioly Me04urnd al trnCtIn pnGe ol 5t using the effecifve hl•t•gi m#tnQd. FhiJnrJBI 886ek84nd lob110 b&¢Ju• one yeqi nol AmrtlBBd. 13
St Gregory's Churcb, Newquay Notes to tbe xceounts For the year ended 31 December 2023 2. Income 2023 Restrlcted Unrestrlcted Total Donation Collectlons-GASDS GIftAid One off gifts- Gift ded One off gifts- Not Gift Aided Planned giving- Gift Aided Planned givln - Not Gift Alded ota Donation 609 12,811 12,875 10,603 34,742 4,100 ,741 609 12,811 12,875 10,603 34,742 4,100 .741 Grants Grants Tota Grants 92,830 92,830 92,830 92,830 Olher Income Bank Interest Total Other Income 236 136 236 236 AssÈtsOfted from KXC Assets gifted Total Grants 97,667 97,667 97.667 97.667 Tota Income 17 266,474 3. Expendlture 20ZY Restricted Unrestrlcted Total Worshlp Christmas Depreclation on PAIAV Equipment Easter Festival services PAandAV Prayer Preaching and Teachin Sundays Content Sunday5 Evening Worship Worship Team Tota Wor Ip 1,175 375 247 84 1,224 453 303 886 37 1,063 21 5.868 1,175 375 247 84 1,224 453 303 886 37 1,063 5,868 P8g6 14
St Gregory's Chureh, Newquay Note5 to the account5 For the year tnded 31 Der¢mb¢r 2023 Forthe ended 31 Detember2023 3. Expendlture Icontinuedl 2023 Restrlcted Unrestrlcted Total Communltv Events Kids Pastoral Rhythms TABLE Wlld Flres Youth Imld-weekl Youih (Sunda ot ommun 1,714 1,026 163 1,714 1,026 163 21 1.409 1,064 571 516 1.409 1.064 571 516 ty pha Granisand Glvln Tot on 96 12,240 96 12,240 Opgr•tlons Centrali5ed Resources Communlcat5on & Medla DepreclatlDll on IT Dtpreciatlon on Flxed Assets Flnance5 Grèphlc Desl8n Hospltalltv Insurance 48 1,815 215 233 466 468 77 263 1,390 48 1,150 io 525 88 770 128 4.681 16 1,840 799 187 335 1.275 48 3.025 215 233 466 468 77 263 1.390 48 1,150 io 525 88 1,500 128 4.828 16 2,218 799 187 335 1.275 .29 1,210 IT Ofnceequlpmeni CthceMana8Ernent Offf tesupplles Recrultment Repalfs and Maintenance Rent Shared Consumables Shared Equlpment Staff Hospltallty Staff Training Staff Well 8elng and Retreats Team Tralning Travel Volunteer support ota erit ons 730 147 178 Stf Children and Youth Pastor Flnance Mana8er vicar (Annal WDrshi pand Events Leader St 34,685 34,685 3.150 53.500 22.005 3,150 53.500 22,005 fj0vÈm¢• Accounting Bank Charge PCC & trustee expenses ota Governance 1.500 78 725 1.500 78 725 xpon re In ihe above tran8actK)n8 £1,5Tr) is the Independent Examiners Fee. P8ge 15
St Gwory'i Church. NcwqwY lo Iht Flmin¢i•l&ilal¢mEnl• For iheyerondtht 31 Dr¢embeT 2023 4. STAFFCOSTS 1023 w08e5d50larhes110cI PAIEI Soclal 5ecurirycosts 52.744 4.567 2.579 53.500 tiJ.34 C051ufCler4y Tvtl •mDunl DIst9ff0l0¥ed FtEstaff employe stafFmembElw•spaid ow£60,ODDln 2015 S. MlsslonGiihlx Gr4nt R•cl S1[nluMbo swvm op Doois No¥ Ncwqu4yfooLlbJn GrlAMou¢ 140 1.000 1,000 500 500 2.0 2.Ll 2.aOQ I,aoo 11,240 Grllwin Arocha Cornptherl¢JM pwAv ¢Xffte1FLdA¥l1ts CoitAt 114Truwy201J dlllonsdurlniyur DI$p05o1sdurini¥e4r 3L Der•Thber2023 775 840 3,919 715 40 .929 O•riMtllwAI AJUlry291* Lhlr4•f0rtheyF 01spoulsdutlniyeJr At31 o@c1D23 (J751 18241 115 375 14•t•ookVilu•At lJmuw¥1023 At 31 Pe¢•rnbqr2023 1,939 106 l. Detstorl 2023 GlvIn8(hd4rYq1Teffld Debtor I,IS4 2.18D .Credltornl•M•ynMfviiirythe lemthQe will 2021 Ac£ruas ounts PaY•t4e TO1 CurrentLi•¥1111•s i.soo 4.497 5,9517 9.Rel#r•é p•tYT[rl0S mt Trustee Durin¥lheyear 3 oltheiruSteE5WEfereirnburs2dJ totJlofE533.74 foftravd trAp2n5e5 Page 16
St Gregory's Chur¢h, IYeTYquAy Not*9 to the FlnAntlal Statements For the year ended 31 December 2023 10. Restrfrted Fd$ Wrfte off to s•nv•l lund5 Closlni Oonor Purpo Op•nlns 8alan¢e ENpendlture Truro Olocese Tfuro Dlocese ota LICF Fun ng Mi5wn Fundifi8 55, 37,150 53, a7,150 2.180 È5t un Restrlcted Funds 11. AMALYSIS OF PIET ASSETS BY FUND UThr06trlrted Fundi TOTALFUNDS FlxedAs5ets OtherAssetS Total Assets 3,IC6 107.559 110.665 15.997 3,106 109,739 112,845 2,180 2,18D 106 848 11. Asi•ti ilft•d In th• ye•r Dyrin8 the prior yeir, Kin8s Cr055 Church Icharlty number 11416581, •$5151ed wllh e5tab115hin8the congre8atlon at St Gre80rys MDrth Cornwall. In 2022. all actlvltles lormed part DI Kin85 Cross Church. Net issets cf E97,667 were 8ifted from KlnBs C¥oss Church when St Gre80ryS W8s establlshed Is In Independent chorhty In Jinuary 20Z3. The charlty continues to ha¥e • ¢lose w¢rkln8 relatlonship.