Reglstered number.. CE032334 Charity number.. 1203157 [(", NING copy CENTRE FOR CULTURAL WITNESS (A Charitable Incorporated Organisation) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 GSr&Co Griffiii Stone Nosciop& Co JOO YEARS
Doc Envelope ID.. N2A4593B-8y(ts4359-98114C75DDB78FgF CEp¥fRE FOR CULTURAL ThES$ (A Charltable Incorpordt8d Oryanisatlon CoPENTs Pag@ Reference and adminlstratlve details of the Charlty, its Tntstees and advisers Truste95' report Independant examlnols report ststement of financlal actlvities 8alance shget Statement of cash Ik)ws Notes to the flnanclal ststements 10-24 Griffin StotTre Moscrop & Co
Do¢u$lgn Envebpe10.. A2A4593B47L*435&98114C75DDB78F9F CEtr¥fRE FOR CULTURAL wrrNESS (A Charitable Incorporated Organlsation REFERENCE AND ADMINISTRATfrfE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR EMDED 30 JUNE 2025 Trustee$ Lord Stephen Green. Chair Nick Fletcher Jonathan Aitken Matthew Miller Rev. ljeoma @'16 Kab"e Harrison Jean Kabasomi (appointed 13 November 2024) ompany reglstergd numbor CE032334 Charlty r8glstsred numbèr 1203157 Raglstered offlce Lambeth Palace knbrary 15 Lambeth Palace Road London SE17JT Accountants Griffin Ston8 Mo3cTOP & Co Chartefftd Accountants 21-27 Lamb's CondutL Streét Londgn WC1N 3GS Bankers HSBC UK 28 Borough High Str1 Southwark London SE1 IYB P8ge 1 Griffin Stone thsuop & Co
OorJJskJn Enyelope ID.. A2A4S9jU73s9-g8l1c75o0B76 CENTRE FOR CULTURAL YaTNESS IA Charllablg IncoTporaled Organisationl TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2025 The Trustees present their annual report tc¥Jether with the financial statements of the Charity for tho 1 July 2024 to 30 June 2025. The Annual report serves th8 pUoSe5 of both a Trustees, report antj a directors. report under company law. The Trustees confirm that the Annual report and financial statements of th8 charitable company comply with the curr6nl statutory requirements. Ihe requirements of the charitable companys goveming document and the provisions of the Ststement of Recomm8nded PtICe ISORPI appIab lo charities preparing their accounts in accordance with the FinanrAal Reporting Standard appli¢able in the UK and Republic of Ireland (FRS102} (effective 1 January 2019). SITr the Charity qualifies as small under seLtion 382 of the Companies Act 2006, the Strategic report qUIred of medium and large Companies under the Companies Act 20LE {Str8legic Report and Directors, Report} Reyulations 2013 has been omiited. ObJectiY•s and adivitl6s a. Policies and obJ¢dlv6s The objedivès of th8 Centre for Cutiural Witness are the adVancet of th8 Christian faith for the public benefit through the following actiwties.. 1. Crealiny, producing. promoting, and distributing materi81 to promote the Christian faith and to promote public understanding of the Christian farth,. 2. Tiaining and equlpping esting arKI emerging Chiistian leadeT5 in 811 spheres with the aim of enhancing the Christian Church's contribution to Publ lrfe arKI conversation., 3. Carrwng tsul research dedicated towards improwng the understanding of and equipping Christians lo promote the Christian faith in th8 nThJdem world and disseminating the usefiJl results of that research,. 4. Promoting the Chrislian understanding of grace and forgiveness as a way to encournga heaf(hy and hamY)niou8 di8kgue between those of different faiths or rKJ faf(h in the public square. In setting obiectwes and planning for activ[ts. the Trustees have gwen due wnsideralion Ir) gon8ral guidance published by thé Charity Commission relating to Publ benefiL induding the guidance 'PubliG benefit running a harity (PB21'. Page 2 Griffln Stone Moxrop & Co
DoCug Etwèl(y ID.. A2A4593B.87o6435g811-£C75DOB78F CEprrRE FOR CULTURAL WITNESS IA Charltabie IncorpoTated Oryanlsation} TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 30 JUNE 2025 Achlevements and perfom)anco a. Rovlgw of actlvltles Over the past year we have continued lo build thè conlent and reth Df the website Seen & Unsggn.11 now has regular returning audience of around 10,000 people, its mosl popular havo reached over 30,OaCI people, we now have engaged around 200 writers and published well over 1500 articles. Th8 R&Enchanling podcast continues to grow and we have add8d three more series of episodes in th8 last year. The podcast has now had over 1.6m views on YouTube, and several hundred thousand in audio formal, meaning il has been listsnèd lo or watched around 2million times since it launched. This past year w8 also ran a second iteration of our Emerginy Leaders, Programme for younger Christian writers and cornmunicators, many of whom have gone on to publish, notjust on Seen & Unseen, but also in mainstream outlets, such as Th8 Critic, The fim88. ThFJ Spectator. national Radio 2 etc. In partnership with the Church of England's SenKJr Leadership Development Team, we also ran anoth8r training course for new bishops of the Church of England, helping them eLOre their publio role. This gained very high maths frc4n participants in their responses to the COUTSe. Our Director, Bishop Graham T¢)mlin. published a bNJgraphy of Blaise Pascal, as one of the great 'cullural witne5se8' of recent history and wa have hekj several events, Ix)th in person and onlin8 for th08e interested in Pascal's story, and its relewance to contemporary culiural witness. Members of oui team have also spok8n at numb&r of summer festNals, both Christian events and secuLar ones such as the Hay on Wye and Bradf literary festivals. We have secured publishiThJ deaLs for tAVO books that will com8 out in 2026. One is enlillad., A Voice in the Wildemess? Why should anyone listen lo the Church of England? This is a collection of essays emerging from a project we have worked on with theologians Oxford University on the Church of England's public wttness. The second is called Come and See.. Towards a Theology of Cuttural Witngss. This is a collection of essays by scholars who have been brought together as part of the Cuf(ural Wrtne55 F8llowship. a uathering pf theoglanS who are interested in the publ witness of the church and ojnnected to the CCW, b. Future Plans Over this past year we have been exploring a possibl8 pather5hip with the Lon&)n Institute for ContempoTary Christianity. FcHJnded in 1982, UCC is a WeStabliShed organisation in the UK whh has built up a strong reputation for working in helping Christians relate their faith to th8ir life in general and to what is hawening in the surrounding culture. As a resu. we have recently signed a legal agreement transferring the asgels of th8 CCW {the Seen & Unseen website, Pcxjcasts. leadership programmes et¢. as well as the staff taam} lo LICC. The Centre for Cultural Witnoss will therefore be wound down as a charity over the next year or . We fèel this givès an exciting future for our work, enabling rt to be nesued within a stronger organisational context with more robust operational infrastructure behind it. We have also received funding for a pmject on Christian nationalism which will involve us publishing a number of articles and producing podcast episodes exploring the theme ofthe various kinds of Chrislian natnaliSM on off8r trx)th in Europe and the Unrted Slates and beyond. As rnentL)ft above, we will see two books published in the coming year. one on Culiural Witness and the other on th8 public legitimacy of the Church of England. Page 3 C(ifffin Stwe Moscrop &Co
DOcu9n Envelope ID.. A2A4s93U706435g8l1&7SDD878F9F CEKfRE FOR CULTURAL WITNESS (A Charitable Incorporntod Oryanisatlon} TRUSTEES. REPORT ICONTINUEDTr FOR THE YEAR ENDED 30 JUNE 2025 Financial revlew a. Golng concom After mthing appropllale enquiries, induding ass8ssments of the key risks and future budgets. the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational exislenca for the foreseeable fLrture. For this reason, the Trustees continue tg adopt the going conrn basis in preparing the financial statsments. b. Rgseryes pollcy Taking (Me year wth another, th8 Trustees seek to all net income as rt arises. Trusl88s seek lo maintain a Sufficient base of unrestricted funds appropriate to the operation of the charity 13* months}. The Trustees consider that a combinalK)n of the unrestricted fijnds as of 30 June 2025. lotalling £414,030, and the pledged incomfj expected over the coming months is suf[lenttO meet these ¢)bjective8. c. Flnanclal rlsk managomont owectlves and pollGle5 The totsl income for the period was £914.349 comprising grants and donations. The Trustee5 seèk to conllnue to release the funds raised each year to frjnd the work of the charity. De$10S around increases lo staff r8muneralion are generally made by the Trustees. tthing into conshderation inflationary rates. Howev8T, for Staff who were transferred to the chaTtty under TUPE. remuneration decisions are govemed by the contractual requirements inherited from Ir previous employer. The t81 funds of the Centre for Cultural Witness at 30 June 2025 were £728,169. structur&. govemance and managernent a. Constitutlon The charity is constituted as a Charitable IncOrpat•d Organisatson. Its goveming document is its memorandum and articles of association. b. M8thod8 of appolntm&nt or electlon of Trustees The Trustees are appointed for a fixed teffn of three years and, by mutual consent, may be reappointed. Trustees are r8cruited with regard to their respective araas of knowledge, skills and experience. c. Organlsatlonal structure and decisionwmaklng pollcles The Centre for Culiural Witness is l)y Graham Tomlin {Directorl who reports lo the Board of Trusl88s. Management and administr81ion.' The Centre for Cultural Witness is administered by Paula Bird who provides charity Office administration semces and charity secretarial duties under a contract wlth the Centre for Cultural Wttness. Griffin Stone Moscrop & Co. provide accounting seTvices. d. Polic8 adopted for the inductlon and tralnlng of Trustees There is a comprehensive pre4ppointment briefing and an indudion process for new Tnjstees. On-going training is made available to Trustees as required. P4e4 frlffin Stone fw1oscP & Co
DDw$kJn Envelope ID.. A2A45935470W5fv98114C75DDB78F9F CEKfRE FOR CULTURAL WITNESS IA Charltablè Incorporated Oryanlsatlonl TRUSTEES, REPORT IcowfiNUED) FOR THE YEAR ENDED 30 JUNE 2025 statsment of Trustees. responslbiliti•s The Truslges (who are also the directors of the Charty for the purposes of company law) am responsible for preparing the Trustee5' report and the financial staterrEnls in acmrdance wth applicable law and United Kingdom Accounting Standards (Unfted ngdoM Generally Accepted Accounting Practicel- Company I requires the Trustees to prepare finantyal statements for each financkql year. Under company law, the Trustees mu81 not approve the financial statemenls Un$¥ Ihey ar8 satisfied that they give a true and fair view of the stale of affairs of the Charity and of its incoming resourcEs and application of resources, including its income and expenditure. for that period. In preparing these financial $LeMents, the TNsteeg are requir8d to.. 8dect suitable accounting prAicies and then appty them consislenttr. tsbsee the methcS and princip3 of the Charities SORP {FRS 102).. make judgments and accounting estimates that are reasonable and prudent., slalg whether applicabb UK Accounting Stsndards {FRS 102} have been folk)wed, subject ID any material departures disclosed and explairHI in Ihe financid statements., prap8re the financial statemen15 on the going concem basks unle55 it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adè]uate accounting records that are sufficient to shtsw and explain the Charivs transactions and disclose wlh reasonab accuracy at any time the financial po$itiDn of the Charity and enable them to ènsure that the financial statements wnply th the Companies Act 20C6. They are a180 r98ponsible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members oftFE board of Trustees on 13 February 2026 and sign8d on their bohalf by.. Lord St&phen Green Page 5 Griffin Stone Moscrop & Co
Docu8hJn Enveknpe ID.. A244s9375S&Q811£C7SDDB78F CEIURE FOR CULTURAL WITNESS (A Charitsblo Inc¢)rporatod Oryanlsatlon INDEPENDE1 EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2025 Indèpondent èxaminef$ report to the Trustees of Centre for Cultural Wltn6ss Ilhe Charlty,) I rèport to the charity Trustees on my examination of the accounts of thè Charity for the year ended 30 June 2025. Rgsponslbllltles and basls of report As the Trustees of the Charity {and its directors for the purposes of company lawl you are responsible for the preparation ofthe a¢counls in aceordance wtth the requirements of the Companies Aci 2006 he 2006 ACVI. Having satisfied mysdf that the aceourrts of the Chanty are mt required to be audrted under Part 16 of thè 2006 Acl and are eligible lor independent examination, I report in respect of my examination of the Charitys acwunts carried out under section 145 of the Charities Act 2011 rthe 2011 Act'l. In carrying out my exarnination I have followed Ihe Directions gNen by the Charity Commission under section 14515llbl of the 2011 Act. Independgnt 8xamln8Ps statement Since the Charivs gross in¢ome exceeded £250,000 your examiner musl be a member of a body listed in s8cb.on 145 of the 2011 Act. I confirm th* l am qualified to undertake th6 examination because l am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confim) that no matters have come lo my attention in connection wf(h the exarninalion giving rne cause to believe.. accwnting r8cords were not kept in resped of the Charity a5 required by seGtion 386 of the 2006 Act,. or the accounts do not accord wth those racords., ¢y the accounts do not compty with the &counting requiremnts of se(lion 396 of the 20 Act other than any requirement that the accounts gtve a Ime and fairf vie•V 1¢h is not a matter considered a8 part of an independent 8xamination' or the accounts have not been prepared in accordanc8 Wrth the methods and principles of the Statsment of RecomrnenLled Practice for accounting and reporting by charities lapplicable lo charities preparing their accounts in a¢cordance w(th the Financial Reporting Standard apiCab in the UK and Republic of Ireland IFRS 10211. I have no concems and have CO across no other matters in connection wtth the examination to which attention shoukl be drawn in thi5 report in order to &nable a proper understsnding of the accounts to be roached. This r8POrt is rn9 solaty to th8 Chariws Trustees. as a body, in accordance wlh Part 4 of the Charities (Accounts and Reports} Regulations 2008. W work has been undertaken so that I might state lo the Charity's Trustees those matters l am required to stale to them in an Independent examinoff s report Bnd for no olhef purpose. To the fullest extent permitted by law, I do not accept or assume responsibilty to anyone other than the Charity and the Charitys Trust as a body, for mywork orfor this report Signed.. Rthert Smith Dated." 13 February 2026 FCA Grfffln Stone Moscrop & Co Chartered Accountants Page 6 Griffin St(e Moscrop &Co
OocLL8lgn EnvelDpe ID.. A2A459W7C6.498l1-Ec75DDB78F CENTRE FOR CULTURAL WITNESS (A Charltabla Incorporatèd Oryanisation STATEMENT OF FINANCIAL ACTVfflES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT> FOR THE YEAR ENDED 30 JUNE 2025 Unrestiicted Restricted lunds funds 2026 2025 Totsl funds 202S Total funds 2024 Note Incom8 from: Donations and legacies Investments 629,220 14523 270,606 899.826 14.523 8T0,652 Total Inwne 643,743 270,606 914,349 870,652 Expondllure on- Charitable activities 259,601 345,109 604,710 452, 122 Totsl expgndituro 259.601 345.109 604.710 452.122 Not movemgnt In funds 384142 174.503} 309.839 418,530 Reconclllation of funds: Totsl funds brought foNard Net nY)vement in fund5 17A20 384.142 401.110 r14,5031 418.530 309.639 418,530 Total funds Garried forward 401,562 326,607 728.169 418,530 The Slat8menl of financial activities indudes all gains ar losses recognised in the year. The notas on pages 1010 24 fomi part of these finanal statements. Page 7 Griffin Stone fybscrop &Co
DocUsn En¥elvpe ID.. A4593B-B?Ofy43598l1-Ec7SDDB7BF9F CEKfRE FOR CULTURALrNEss {A Charitablè Incorporated Organisatlonl REGISTERED NUMBER.. CE032334 BALANCE SHEET AS AT 30 JUNE 2025 2025 2024 Not8 Flxed assets Current assats Doblors Cash at bank and in hand 10 29,268 410,598 763,011 768.011 439,866 Current Ilabllltles Creditors.. amounts falling due ythin one year 11 {39,8421 (21.336) Net curront assèts 728.169 418,530 Totsl a$gets less current liablllt]e5 728.169 418,530 Total net assets 728.169 418,530 Charfty fund$ Restricted funds Unrestrtcted funds 13 13 326,607 401,562 401, 110 17.420 Total funds 728.169 4f8,530 The Chartywas 8ntiiled lo ex8mptiOT) from audf( under seth.on 477 ofthe Compankgs Act 2006. Th8 members have not requir1 the company to obtain an audit for the year in questk)n in accor(lance wth seclK)n 476 of Companies Ad 20[. The Trusle&s aCknO%edge their responsibilities for cÉ*npng hth the requirements of the Act with respect to accounting records and preparation of financial $latements. Thè financial statements have been prepared in accordance the provis$ applicable to entities subject to the smo11 companies regime. The financial statements W8re approved and aulhorised for issue by the Trustees on 13 February 2026 and signed on their b9haK by.. Lord Steph&n Green Chair The notes on pages 10 to 24 form part ofthese finanaal statements. Page 8 Griffln 5th Moscrop & Co
Docuslgn Envelope ID: A2A45938470PA3W9811EC75DD87BF9F CEIITRE FOR CULTURAL wrrNESS {A Charitablg Incorporated Organisatlon) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2026 2025 2024 Cash flows from operatlng adivities Net cash inflow from oparating activities 337.890 410,598 Cash flows from Inv85tlng acllvltIos DNidend5, interests and rents from investments 14,523 Net cash provlded by Investlng act]vltles 14,523 Cash flows from financlng actlvltles Net cash provided by Ilnanclng actlvities Change in cash and cash aqulvalents In the year Cash and cash equNalents al the beginning of th8 year 362A13 410,598 410,598 Cash and cash gquivalents at the and of the year 763,011 410,598 The notes on paw 10 to 24 fomi part of these financial statements Page g &lffin Stone Moscrop & Co
Dow%ign Envelope ID.. A2A459W7084&W811EC75DDB78FgF EpifRE FOR CULTURAL YThESS IA Charttable Incorporated Oryanlsation NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 General Inforniatlon Cent for Cultural Witness is a Christian charity. registered as a CIO in England and Wales Icharity number. 12031571 with ts regkstered office address al 15 Lembeth Place Road, London, SE1 7JT. A description of the nature of the charities operations and ils principal activities can be found within th8 Trustees, reporL Accounting pollcles 2.1 Bas1$ of preparation of financlal $tatemonts The financial statements have been prepared in accordanee wrth the Chai((ias SORP IFRS 102} - A¢¢ounling and Reporting by ChaTities.' Statement of Recommended Practice applicable to charilte5 preparing their account5 in accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireknd IFRS 1021 (effective 1 January 20191, the Financial Repo.ng Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Cantre for Cultural Witness meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are inrtialty reeognised at historical cost or transaction value unless otheM¢se slated in the relevant accounting pdry. 2.2 Income All income is recognised once the Charity has entidement to the income, li is prc)able that the income will be received and the amount of inccffie receivabl8 ran be rneasured reliably. The rwnitJn of income from legacies is dependent on establishing entitlement, the probabilty of receipt and the ability to Ostimale sufficient accuracy the amount receNable. Evidence of enlitlernent to 8 legacy e$15 when the Charty has Suffiaent ence that a gift has been left to them (through knowledge of the existencè of a Val wll and the death of the benef8clor} and the exeeutor is satisfied that the propety in question wll not bè required to satisfy ckqims in the estate. Receipt of a kgacy must be recognised when rt is Probable that it will be received and the fair valu8 of the amount receivable, will gener8ity be the expected Gash amount to be distributed to the Charity, can be reliab Measu1. Grants are inclu(kd in Ihe Stat8ment of finanaal actiwti8s on a receivable basis. The balance of income receNed for specific purposes but not expended during the period is shown in the r81evant funds on the Balance sheet. Whefe income is [1Ved in advance of entiU8menl of receipt, its recognition is deferred and includwj in credrtor5 as deferred income. Where enlfilement OCCUTS before income is r1Ved. the income is 8CcrLd. On receipt, donat professional services and knlities are recognised on the basis of tha value of the grfl tu the Charity whth is the amount it woukl have been willing to pay lo obtain seNice8 or facilities of equivalent nl¢ benefft on th? open market,. a CDrwsponding amount is then recognised in expendrture in the pericd of receipt. Olhgr insX)m8 is recognised in the peri(Kl in which it is T8C8ivable and lo the exlènt the g¢x)ds hav8 been provided or on ciKnpletion of the 5Ce. Page 10 GrifFin stone M(E¢yop &Co
DouAign Envolope ID.. N2A4593M70W59-981 IEC75DDB78FgF CENTrE FOR CULTURAL WITNESS IA Charitable Incorporated Oryanisationl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Accountlng pollcle5 Icontlnuedl 2.3 Expendituro Fxpènditure is recogni5ed once thore is a legal or conBtructive obligation to transfer economic benefrt to a third party, (( is probable that a transfer of economic benefits will be required in settlement 8nd the amount ol the Obligat)n can be measured reliably. Expenditure is classified by activity. The costs of each actiwty are made up of the total of dir8Ct costs and shared costs. including support costs involved in undertaking each activity. DiTect costs attributable10 8 single activity are allocated direct to that actiwty. Shared costs whth contribute lo mor8 than one activity and 511PPOrt costs which ar8 not attributable to a single activity are apportKJned betrn those activities on a basis consislenl with the use of resources. Central staff costs are althated on the basis of timè spenl. and depreciation charges allocated on the p)n ofthe a55el's use. Expenditure on charitable adivities is incurred on directy undertaking the aclivitks which further the charitS objectives, as well as any asscaated suppurt costs. All expenditure is indu5ive of irrecovwknle VAT. 2.4 Internst receivable Interest on funds held on deposit is IrUded when receivable and the amount can be measured reliably by the Charkty, thi8 is nOmial upon notification of the interest paid tsr payable by the Inskn'tution wtth whom th8 fiJnd5 are deposited. IS D8btors Trade and other debtors are recc¥Jnised at the s8ttlemenl amount after any trade discount offered. Prepayments are valued at the amunt prepaKI net of any tr&Je discounts due. 2.6 Cash at bank and In hand Cash at bank and in hand irdudes cash and ShOrt4e hiqhty IiquKI investments wth a short maturty of three months or $9 frcffl the date of acquisition or opening of Ihe deposit or similar account. 2.7 Llabilities and provlslon$ Lbabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past event, it is probable that a transfer of econcmic benefft will bo required in settlemenl. and the amount of the settlernent can be estimated relw. Liabilities ar8 recognised at the amount that the Charty anticipates it wll pay to settle the debt or the amount it has rece¢ved as advanced payments for the goods or services il musl provide. Provisions are measured al the best estim*e of the amounts required to settle the obligation. Wher8 the effect of the time vue of money is rna18ri, the provision is based on the present valu8 of those amounts, discounted al the pr&tax discount rate that flectS the risks specific lo the Irability. The unwinding of the discount is recognised in the Stsloment of financial actN(ties as a finance cost. Page11 Grfffin sto MOscP & Co
DOeIgn Envelopp ID." A2W93B471M59.98114C75DDB78F9F CENTRE FOR CULTURAL WITNESS IA Charitable Incorpornted Organlsationl NOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026 Accounting pollcles {contlnued 2.8 Flnancial Instrumonts The Charity onty has finanad assets and financial liabileS of a kind that qualify as basic financlal instruments. Basic financial instruments 8re initkalty recc¥anised at transaction value and svbsequently measured at their settlement value with the exception uf bank loons whh are subsequenuy measured at amortised cost using the effective interest method. 2.9 Pénslons The Chartty operates a defined contrfoulion pension scheme and th8 pen5K)n chargo represents the amounts payable by the Charity to the fund in pect of the year. 110 Fund accountlng Ganeral funds are unrestricted funds whth are availab18 fDr use at the discretlon of the Twstees in furtherance of the general objectNes of the Charity and whh have not been de8ignat8d for other purposes. Restricted funds are funds lch are to used in accordance w((h specific restrictions Mnposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and Imini$tering such funds are charged against the specific fund. The aim and use of each restrictad fund is s81 out in the notes to the finanaal statem. Investment incorr*, gains anfl k)sses are alIc&ted to the appropriate fund. Income from donations and legaclos Unrostrieted R8strlcted funds funds 2025 2025 Totsl funds 2025 Donations Donated facilities and seMrEs GTants 256.920 32,30D 34,0 256.920 32.300 610.606 27CI,606 Totsl 2025 629,220 270,e06 899.826 The Centre for Cultural Witness receiv8s donated office and meeting spa, as well as room hiTe during working hours, from Lambeth Palace Library at no charge. This donated facility is integral lo the charity'8 operations and is recognEed in the finartcid stslements as income al fair value, bas on coryarable markgt rates for similar properties in the thal area. valued at £32,300 per annum for the financial period ending 30 June 2025. This figure is calcukled using the folknving estimations.. £13,400-office space £18,900- rwm hire tharges for ovenl$ and meetings Page12 Griffin Stone Moscrop & Co
Docuslgn Envelope ID". A2A43m70&435811£C7st>Dy8F9F CENTrE FOR CULTURAL wrrNESS (A Charitable IncorpoTrted Oryanisation NOTES TO THE FIIiANCIAL STATEMETr¥rs FOR THE YEAR ENDED 30 JUNE 2025 Income from donallon$ and lègacles Icontlnugd) UnTrsti7Cted R8strict8 funds funds 224 2024 Total fvnds 2QZ4 Donations Donated falitieS and serv Grants 44,943 3t,340 97,294 44,943 31,340 794.369 697,075 173.577 697,OT5 870,652 Investment Incomo Unrestrlctad funts 2026 Total funds 2026 Total fvnds 2024 B8nk interest 14,523 14.523 Anatysls of eXndIture on charttable activib8s Summary byfund type Unrestrlcted Restrlcted funds funds 2025 2025 Total 2025 Edl(orial cr)sts Emerging leaders prograrnme GodPtsd Reporter wsls Operational costs 256,372 37,102 8,120 43,515 256,372 37,102 8,120 43,515 259,601 259,601 Total 2025 259,601 345,109 604,710 Page 13 fyiffin stone Moscrop & Co
D0cL(gn Envelope ID.. A2A4s93u7(39811E¢7sDDB78F9F CENTRE FOR CULTURAL WITNESS (A Charltable Incorporated Organlsatlonl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Analysls of expendlture on Charitable actlvltlos (Gontinued) Summary by fund type Icontlnuedl unStncted funds 2Q24 R8Stri¢tgd funds 2024 2024 EditOri81 costs Emerging leaders proaramme GodPod Reporter costs Operational costs 230.292 22.482 4,511 38,680 230,292 22,482 4.511 38,680 156, 1ST 156. 157 156, 1ST 295,965 452,122 Anatysls of oxpendi¢ur¢ by activitses Activities undertaken dlrectty 2025 Support costs 2025 Total funds 2025 Editori costs Emerging leaders prc*Jranvne GodPod Reporter costs Operational costs 2,372 37,102 8.120 43,515 256,372 37,102 8,120 43,515 259,601 259,601 Total 2025 345,109 259,601 604,710 Page 14 GrlfFin Stone TrAbs£rop &Co
DocLhn Envelope ID.. A2A4593U7064359811-EC75DDB78F9F CENTRE FOR CULTURAL MTNESS {A Charltable Incorporated Organisationl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Analy$ls of oxponditure by actlvitigs (continuod) Acfvitff8S uThlertakon direclty 2024 Support Gosls 2024 Tot81 funds 2Q24 Editorial costs Emerging laaders programmo GodPod Reptsr costs Operational costs 230,292 22.482 4,511 34680 230,292 22,482 4.511 38,680 156, 157 156. 1ST 295.965 156, 157 452, 122 Analysls of direct costs Emgrylng Edltorial leaders costs progrnmmo 2026 2025 Roportar costs 2025 Total fun(ts 2025 GodPod 2025 staff costs General running costs other $laff costs Legal and professional fees Voluntear support and expenses 195.425 26,578 23,217 8.668 46,572 {3,201) 144 265,214 40,165 8,120 34,28Y 80 4,250 967 38,539 1,047 Total 2025 256.372 37,102 8,120 43,515 345.109 Pags 15 Griffin Stone Moscrop & Co
Docuslgn Envdope ID.. A2PA593B47064359-98114C75DDB78F9F CENTRE FOR CULTURAL YirrNESS (A Charitable Incorporated Organlsatlonl NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 30 JUNE 2025 Analys1$ of oxpendltur• by actlvlties lcontlnuod) Anatygls of dlrect costs {contlnuodl Ernewing Edilorial G(L8ts pmgramme 2024 2024 Reporter costs 2024 lotsl funds 2024 GodPc¥l 2024 staff costs General running costs other staff costs Legal and professional fees Vdunteer support and expen8es 155.089 42,349 301 11,096 35,841 22 2,817 202,026 55,787 3,118 35,919 1,115 4.511 31,969 1,9S) 531 230.292 22,482 4,511 38,680 295,9S5 Anatysls of support costs Total funds 2026 Actfvitles 2025 staff cosls General running costs Other staff costs Legal and professior1 fe8S Voluntear support and expenses GoveTnance etssty- independent examin5, remuneratlon {see belcwl Donal8d faulities and services 83,776 102,580 2,431 31.276 14901 7,728 32,300 83.776 102,580 2,431 31,276 {4901 7,728 32,300 259,6D1 259.601 Page 16 GrifFsn Stone M05crop & Co
Docu81gn Enveljpe ID.. A?A4570s43398l1-Ec7SDD878FgE CEPmiE FOR CULTURAL WITNESS (A Charftsblo Incorporated Organlsationl . NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Analysls of expendlture by athities (contlnued) Analysls of support costs Icontlnuedl Tot fvnds 2024 Aclivitios 2024 staff costs General running costs Other staff costs Legal and professional fees VolunteeT SilPPOrt and expenses Govemance costs- independent examiners. r*nuneratb)n (see bdu4Y) Donated facilit¢es and seNi 61,814 43, 705 1,428 9,004 1,527 7,339 31.340 61,814 43,705 1,428 9,004 1,527 7,339 31,340 156, 157 156, 157 Independent examlnerfs remunorallon 2026 2024 Fees payable lo the Chariws independent examinerfortho independent examination of the Charity's annual accounts Fees payable lo the Chariws independent eXnineT in respect o All other services not induded above 3.150 4,578 4,339 Staff costs 2025 2024 Wages and salaries Social security costs Contribution to d8fined contribution pension schemes 308.292 17,700 24,998 236,768 8, 124 18,948 348,990 263,840 Page 17 Griffin Stone Moscrop &Co
DocLtsign Envdope ID.. A2A4593B47(M59-9811EC75DDB78FgF CENTRE FOR CULTURAL wrrNESS IA ChaTitablg Incorporatod Organisat6onl ' NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 202S 8tsff Costs Icontlnued) The average number of persons employed by the Chanty during the yeor was as folk)w8'. 2025 No. 2024 No. ManagvJn8nt Editorial costs Reporter ¢osts Emerging leaders programme The number of employees whose empbyee beneffts {excluding employer pension cost8} exceeded £60,000 was: 2026 2024 No. In the band £60,001-£70,DOO In the band £70,001-£80,000 In the band £90,001- £100,CKJO Total remuneration and benefits payable to key management personnel, ccS1511ng of the Trustees an the EXUl1Ve team. was £73,41012024- £57.8641. Page 18 iffin Stone Moscrop & CD
DowskJn Env8lope ID.. A2A4593&87Q&435W9811EC75DDB78FgF CENTRE FOR CULTURAL YThESS IA Charltable In¢orporat8d Organisatlonl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Tte¢s. remuneratlon and expons During the year, no Truste88 reeerved any rwnurwation or other benefrts (2024- £NILJ. During the year ended 30 June 2025, no Trustee 6xpenses have been incurred {2024- £NILJ. 10. Debtors 202S 2024 Due wlthln on8 year Trade debtors Other debtors Prepayments 110 4,350 540 28,023 1.245 6.ODO 29,268 11. Crodltors: Amounts falling due withln one year 2025 2024 Trade creditors 32,509 2,371 4,962 15, 147 2.073 4.716 other creditors Accruals 39.842 21,336 12. Flnanclal in$trumonts 2025 2024 Flnanclal assets Financial assets measured at fair value through inccrfne arKJ expenditure 763,011 410,598 Financial assets measurgJ at fair vue through inc(ffi8 and expendibjre cornprise of cash at bank. P6 19 Grlffir¢ Stone Moscrop &Co
DrKu8Ign Envebpe ID.. A2A4593U7O64358ll-EC7SDDB7aFyF CENTRE FOR CULTURAL WttNESS {A Charltable Incorporated Organisationl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EMDED 30 JUNE 2025 13. Statement of funds Statomont of funds - currontyoar Balanc• at 30 Junè 2025 Balance at 1 Juty 2024 Income EXpondIre Unrestrlcted funds Gèneral funds 17N20 643.743 1259,601 401,$82 Restricted funds Editorial Cost8 EmeTgin9 leaders programme G(KIPod Reportor costs 268,708 41370 14,712 75.320 250.000 20,606 (2S6,3721 137.1021 18.120) 143.515) 262.336 25.874 6,592 31,806 401,110 270,606 {345.1091 326,607 Total of funds 418,530 914,349 1604,710} 728,169 Restricted fvnds eomprise of.. Edltorial costs The Editorial fund indudes the m$15 associated produung the wrrtten, audit and video conl8nt publishgj on Seén & Uren, induding editorwl staff salaries and payTnents to contributors, guests and hoslg. Emerying leaders programn The Emerging Leaders Programme fund indudes the costs associated wrth running the Cultural Wf(ne5S Emerging Leaders Progrrne, induding delivering workshops. producing Irdining materials, and contributions lo speakers and writers assLxiated Trmth the programme. GodPod The GodPLIJ fund indudes msts as8ocaated wilh prc*Jucing and distributing the GodPc%l podcast. Reporter costs The Reporter fund indudes c051s asscKiated funding the Reporter FK>St, irtcluding salary and travel costs, with a particular focus on projuung stories and content highliyhting the persecuted church. Pagè 20 Giiffin Stone Mogcrop & Co
Do(AJsign Envelope ID.. A2A4593&870&43598l1-EC75DDb7eF9F CENTRE FOR CULTURAL WITNESS IA Charltsbl• Incorporated Organlsation} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 13. Statement of funds (continued ststem8nt of funds - prior year Balance al 30 June 2024 Income Expendilu Unrestrlcted funds General funds 1T3,577 (156, 157) 17,420 Restricted funds Editorial costs Emerging Leaders programme GodPod Reporter costs 499,000 64,852 19,223 114,000 (230,292) (22,482) (4,511) (38,680) 268, 708 42,370 14, 712 75.320 697,075 (295,965J 401, If O Total of funds 870, 652 (452, 122) 418,530 14. Summary offunds Summary of funds- current year Balance at 30 June 2025 Balance at 1 July 2024 Income Expenditure General fund5 Restricted funds 17.420 401.110 643,743 270,606 1259,6011 1345,1091 401,562 326,607 418,530 914,349 1604,7101 728,169 Page 21 Griffin Stone Moscrop & Co
Docu81gn Enveknpe ID". A2A4S93&8706435M811&75DDB78F9F CEprfRE FOR CULTURAL WITNESS (A Charitable Incorporateql Organisatlon} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 1& Summary of funds (continued) Summary of funds- prforyear Balance al 30 June 2024 Income Expandilu General fvnds Restricted funds 173,577 697,075 (t56, 157) (295.985) 17,420 401. 710 870.652 f452, 122) 418,530 15. Analy¥l$ of net ays•ts batw•8n funds Analysls of net assets twe9n funds- curTent year Unre8trlctsd Restrlcted funds funds 2025 2025 Total funds 2025 Current assets Creditors due within one year 421,789 120,2271 346,222 119.615) 768.011 139.8421 Total 401,562 326.607 728,169 Analysls of n8t assets belween funds- prfor year UnTrstriGted funds 2024 Rgslncled funds 2024 Tot fvnds 2024 Current assets Creditofs du8 Wthin one year 22.596 (4 176) 417,2TO f16. 160) 439,866 (21,336) Total IT.420 401, 110 418,530 Page 22 Griffin St£e Moscrop & Co
Docu51gn Envelope ID.. A2m5937(s9?8llc7SDDB78F9F CEKfRE FOR CULTURAL wrrMESS IA Charitabk In¢orpornt•d Organisationl NOTES TO THE FINA14CIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 16. Reconclllatlon of not movement In funds to net cash flowfrom operatinu a¢ti¥iti8s 202S 2024 Nat income forthé year (as per Ststemerrt of Financial Actimtss) 309.639 418,530 Adjustments for: Dividends, interests and rents from inveslments Decrease l {Increasel in debtors Increa88 in cr8ditors 114,5231 24.268 18.506 (29,268) 21,336 N•t cash provided by oporating actlvldos 337,890 410.598 17. Analys55 of cash and cash equlvalents 2026 2024 Cash in hand 763,011 410,598 Total cash and cash equivalents 763.011 410,598 18. Anatysls of changes in net debt At 1 July 2024 Cash flows At30 June 2025 Cash al bank and in hand 410,598 352,413 763,011 410,598 352,413 763,011 19. Ponslon commltments The charity operates a defined conlributson penSiL)n scheme. The assets of th8 scheme are hald separdlely from those of the chattiy in an independenty adminisl8r8d fund. The pension cost charge represents contributions payable by the charity to th8 fvnd and amounted to £24,99812024- £18,948). AI the Balance sheet dale a balance of £2.371 12024 - £2.073} was payable to the fund and 1$ Includ in other creditors. Page 23 frlffin Stone Moscrop & Co
Docutsn Envalope ID.. Aw3&870m5O8l1-EQ7sDD878F9F CENTRE FOR CULTURAL wrrNESS {A Charitable Inrporated Organlsationl NOTES TO THE HNANCIAL STATEMEpirs FOR THE YEAR ENDED 30 JUNE 2025 Related party transactions Total donations. across dl funds, received from trustees during the patiod amounted lo £13,92512024 - £7,000). During thè financ4al p8rwJd. Cenlre for Cuttural W((ness receN8d grant incorno of £60,OOQ (2024 - £148,212) from The Archbishop of Canterburfs charitable foundation, an organization in which Rev. I1ma Joyce Ajib8dè also $orve5 8$ a trustee. The gtants were provided to fund edrtorial costs and general running c951s. The common trustee was not involved in the decision-making process for th& grant to ensure the tran&tiOn was conducted on nomial commercial temis. Page 24 Griffin Stcme Moscrop &Co