2024-12-31-accounts

The PCC of the Ecclesiastical Parish of Old St Pancras with St Matthew Bedford New i own FW S￿1￿￿ Umhd 9 H•ro & yfflotfio

I￿¢1)¢￿ Éxamlngs Rwrt 7t08 nce Sheet

Blarrfl LTnn Tr Adrlan FurnhDm Andreat Pxry Aos4nM P￿Y 9 Hwe & ￿llet Road lond

Our fthufch bulldlni cortinuedto rnmakn ap￿ to th• p￿frn of(h•ry• dall¥. thurth15pvemed trythe tanons dth• E￿1•r￿1 and In pirtKJA•i, byth? Pw(th•l Chwth S¥modical fjovwnment Measyre 1969 as ThrO￿h a mlx of •y-dfic> dry. and ted lty Spedfkalty. they Indude th• Thdulyeletttd membm olth• PCC•f•th•trwtW5 of thethwth anddwM¥ 2024 were as r￿edbelOW. Ir Dwen ￿SOn-Pr￿t in Ch*Be IFMM 27th 1kn)ber)

nnfr Alrlan Furrth•m l>knnd•rGe(Y8es Ttrk•re Afe nInety￿1fte pe￿e on the electorn5 rnlè and Mass Is c•lebrnt•d 4Jn 5Ithd•yJ fow tlm•s durfn8 th• thlldron's Iiiowm Pwry) GOIN CoTr¢•rn

Tè&%i• reqTiaed meFT¥Jrial fund for chiktren Otd St Panua5 CJKKth. rt15 annualty as p¥t In comparknon to 2023 toial hKom• red￿•￿ tr•TE44k125%1. Shown b•lw isthe perf￿￿ IV m•Nxuteo0ry Clxwth GM Pla¢￿dG1¥Irf 17A46 23A58 Grints 14.122 41085 21.386 27 .27&75 350 50 TOTAL 41741

Musle 14,926 16 7.993 8287 2.621 Rtffiftlr4 Cajts 14A76 47llS -?J2 5•rvlc•J oonatlons bulldlni Co 1615 16.tX)I .101513 .L4 17.417 Prlest & vi(•r¥e 20J91 - 6?12 73 3.295 17m6 &x 294351 fM>rlt￿e ￿lIar￿¥ w•s 011￿ ty th•o)Ms I￿(Y¥￿￿{£17k1 cwried oUt(bJr1￿ 2024 Toul C•pltsl •od R• Met lrK(Mnl￿ re50wEes fur the year ve £JO23712023:1£117.7￿￿ At th• IxlwK• Jh•qt dat• th• thwhy h￿1 Plys

l•w •nd rngu1Jtk￿s, The law •pplk8ble to tharkles requlrns the trustees flnwknl 5Mements for exh fmamal year whkh ob5•N th• m•thod$ and prlndpl•s In th• Ch•rft1•5 SCTr. • m•k• Jud¥•m•nts Ind 15Um4t•5 th•t4r• r••5un•b￿ •nd wudrt los•d •nd •xpJ•Sn•d In theflnandal st•t•mwts: •nd Th• vurt•w •r• r•wNlbl• for ￿￿p1￿ yop•r •ccourthi f•mrds th•t wlih •1 • thn• th• flnandal ￿llIon ol tm ¢harlty •nd •nitd• th•m to •nsur• the tlnandBI statements 4th th• The trusleej we also respons1￿e for $•le￿ard1￿ the •sts ol the th•rfty and h•rKe for tsklni re•son•ble st•ps on thE choFitable company's Te1>5its. the prepar•￿n ind di5seminatK>n ot

2024 whith tomprise the Statement of FinwKial Acti￿ the 8olBnceSheet and related notes. 715fePOrt 15 made solety ￿ ihe charws trurtees. * • l>. In flthh sectl¢>n 145 01 the th•rftle5 P state to them In th15 report and for no other wrp)se. To the fullest extent p￿m￿t￿ ty law, l ¢ ftot accept or a&Eume re5ponslbElfty to we other than the thwlty •n(l the tntstoes as a both. for my hr th 2011 lheArfI. 8edlord New Toffj '$ 4¢¢ounts cprrled +wt undv >ertk￿ 145 of th¢ 2(Ul Art and In c4nyln8 04rt my examlnatlon I ¢onsequently does not co4w •ll the rn•ttef5 th•t •n •udltor ¢onsldtry kn 8Mne thelr oplnlon on the ftnanclal sratements. The plannlTh% •nd COnd￿t of an the IknIMd aSs￿nCe that an Indopu4Mt and f•4e Mew and my report Is Ilmlted to thos spe£fjfK m•tt¢rs set IA the Inder￿dent WIT￿ne¢S Jtatemetrt. I, ￿ntI￿ rttords were not kept ITr re5Pttt ol The ptt ofthe Etde55•th1 P•rlsh al Old St P•rrtr•s tfth St 3. the hnantlal stemerts not compty wlth the account1￿ requlrements Concern1￿ the form •nd cofflont of accounts Set out in the thariiies •nd fteportsl R4ul*v)n$ other th•n •ny reouir•m• examlnrtlon.

Tirn SuTrMvan F SullIV￿ Unmted 9 M•re & 8lllet Ro Londoft SE3 tYI8

i- 11 I'l'l'11 V4 5 2 ¥

Balance Sheet as at 31 Decemkn 2024 Investments )tor$ iO,U8 84.765 132,637 4,636 31AIS 178,844 8th •t b•nk Ind In h•nd 16 227.530 17 .148 214.382 204,592 234.6 224.369 I1•5trI¢t￿ lunds 80.649 52,OJg Urtrestrted fund 153.957 172,330 234.

The PCC of the Ecdeslastlcal Parlsh oFOhl St Pamas wlth St Matthew 8edford NqwT¢Jwn Th• address of Its re8iStered IL" 51 P•H£ras Old Churth NWI IUL The flnandal statements have been prepared In attNthrKe wlth AccoLWrtlnz ?nd T¢eminK by Char¢ties: ICharilit5 SOAP IFRS 1021 . s￿Ond editlon 20191. th• Fln•nclJl Rewr1￿ Stsnd•rd ¥pplk•bl• In th• VK and R•publi¢ ol Irel•nd IFIiS 1021. Th•yso ¥Ath th•Cry￿0¢S￿E 21kn and Ch•fltknAt201L The PCC ofthe Ectles￿s1kll P•rish of tx St P•Kr•s wlth St Matthew bedlord I4￿Tty¥n ffeels the dEAnltlan ol J ¢ost conv¢ntyon wlth Ii•n¥ r•wnls•d * c£￿ ortrxwkn y￿ul ¢h•rtse st•t•d In the rnkn•nt N•(s) 6oln8c0n￿rn Th• trLL%t•u tOn￿dIf th•t th•rn Irn no m•tsri•l wKwtslntle5 4t￿ the chwws Jblllty to •$ 4 )n ihe appllcation ol the thar1￿$ account1￿ ptilkiÈ5. thttntste•5 m•ke estn•tes •fNI Thé estimates oftd ossociated •ssumolons are b•sed on historical eyrnce •nd oth•r fF£tars th•t are fecwnlsed In the 1)tr￿ in which tht timate is rrised T*lve revi51th￿ altects ￿ that or in th•

Voluntary lrttome Indudlng th5, lryKle5 and grants that crye fundlng or are of J gwryl Oonatlon5 and are 1K(￿ed on a I￿¥¥a￿e bASts 15 prob•ble and the armunz can Grnnts ar• r•wnls•d wh•n the charlty h•s an ontldmnt to th• fvnd5 jnd Ilnked to the yants hw• beln mei. Where ￿f0￿￿an￿ rondltk¥n5 are attached to the y•nt and ￿ yet to be meL the income exp4fidllur• l ¢xpendlture Is reco￿1$¢￿ tyKe there Is • lry•l or ((￿5t￿￿ oblth to th•t ex￿lfftyf. It 15 proboNv expendlture head1￿ th 748reeate ￿rn￿ar costs to that cate60ry. Whffe ￿rtn0t be dIrett￿ attrfbutad to partlcular heathnp thry beth alkuted on a basis t￿￿Ostent fth the use of resources. wlth centrol #jff Oth¢r support costs am bas•d on th• spre•l d #•ff c(sts. These •fe ¢osts In¢urr¢d In •ttr•thY¥ ¥oluntwy In¢on%. the m•na8•m•it of In¥estwts t￿￿$¢ in¢uff￿ kn tradlnp that f•is¢fwKts. thIr￿able expendrture comFwtss thosÈcasts Incurred bythe ch•rlty In the delP¥ryof ￿￿ttle$ and seThryts for I￿￿￿cIall& 11 inCI￿Je5 both costs thjt ￿ be 4lry•t•d rfwectlyth ￿ 4rtivitsu ￿￿those coJtsof •n indTrTe¢i n8tur• n•c•ss•ryto Sup￿ tham. support costs port cost5 Indude ¢•knl IunCtkn￿ hm iwi alkKated to actfvky cosi ¢•tewles on a basls cThth¢ni

The tharfty Is consldered to pass the tests set 04 in Pryaph i sche£￿ 6 01 the ANnce kr 2010 andtherefo ttntlalty exempt from tsxatlon In resp￿ of Ir￿Qme or tathal qalns rttd¥ed wlthln categories co￿re￿ ty Lliapter 3 Part 11 of the C￿￿)raI10n Tax 2010 or Se£rTh 256 of the Ta%atk)n of Ch•re•able G•ins 1992, to fixed asset Investmen￿ oth•r than proB1wT￿ne rdated lrrrtsln￿. are at m¥￿et ￿lut at the balance Ihdr market value •t the start ot the year. or th cox and art or uedlted to the St•tem UnreJli5ed 8ain$ and lojsts r•wesent the movement in m•Fkn value5 durir48 the yur Jre croth•d (Y th•rpd Tr•de de1k￿ are reco8nlsed Inlt6ally at the trans￿l0n fv. Thty •r subsequentfy m¢•surtd at amortlsed cost uslnl the •ff•ctfv• Inlwe5t m•thod, less prokn for imp•lm)enL A kvovlshyb frythe Imp•lnn•nt oftrnd• d•btus •CCordi￿ to the￿Ilinal terms ol the re¢•w cth and cash equN#lents ¢ompri ¢th ￿ hand and deposity and cther shM4em7 hl8hly IiqLMd Investm￿lts Trade Cred1￿￿5 are ob1w￿$ to pay lor good5 or services ihat have been acqulrnl in the ordinary course ol ¢ht. at th• end of the reprrtln8 pwlod. to defer senlemeffl ol th• credltor for at knt tw•lve months after the reportine It thef¢ b on unconthtiDnal r¥ht to delw lor at rn0n￿ after the TWOrtI Trade credltor5 are recogni5ed initdty at th• and sutsseq￿ ffkwsured •t arnrrt4￿ w5t Payjl

rterest-bEarir¥ borrowiw are initiatri recorded Jt tsir net of transaLtk)n cost& lntueSt-￿Jrtn transattion C￿t$ and the aML￿nI due rwn15ed p5 a twe to the St•twnwrt of Ana￿IllI Interest expense Is rwnl¥vJ on thebo5is rfthe Inwe5t and h IndwJ•d In intw•rt p•y•bl• nd •0rrorfn8s are cla551f￿1 ￿ current Ilawhles ￿lesS charity h•$ ￿ thxorrtlltkmwl rwrt th d•fv ol th• Il•blJityfor•t Itut mL¥ththerthe rew>1tr¥ d Unrestrlcted Incom• lunds are funds th•t x• w•S1th for •t the ljwlees d￿rrfk￿ In Iwther•nce of T1 ndj Planned 8l¥ln6 23,458 10.996 17J46 35.879 Iq996 17J16 Unpl•nned4ivir Le8acies Grnnts. Ind￿r¥ cop￿￿ ￿nts. St Pan¢r•s Chur¢h L•nd Trust Other ir•nts Ut•d Places of Wor5hlp 25206 18.350 14122 12,L72 9,264

T4t•l lJ61 1.161 2.178 R•ntal kncryn* 42,085 I2,￿5 40,679 Totsl Int•r•st r•c•N•bl• on b•nk dopoths Other income from Ilxed asset 550 550 550 3,901

Totsl Oth•r dlr•rt costs 70tt1 IAlnlJtycosti Mlnlstry support costs AKharged expense5 HoWt•llty P•iish Support Fund Mu51c and orBanlst Pwllh pJlwbma8• 8AIO 9.578 16.9121 Ji,tX 24,320 28.L 19,973 922 i)rtt•ble donatkn)s 3upportcosts 98.657 22L139 29

ppurt cos T1 Stafiaxts Wases and salaries Cornpen5•tlon p•yrnwts C#u•l wq•s 164 6.435 4194 12,741 148,644 loo 762 Church malnteftance M•Jor r•p•lrs Injurnnce (hufch upk••p Other •dmlnlstr•th ¢osts 3J63 1,634 Printiffj postqe•nd stthwy ae4nln8 Independent •X4mln*k Lwl and￿ofeSS￿ 2.989 2.166 740 2325 1,261 1220 38.657 P4rye17

Wa8es and salarles Compensatlon poywts Othfjr #ift costs 13 Plo ernpbyee rqceN•d effduments ol mw• E60JXJO d￿l￿theY•V The charlty ts a roostered ch•rlty and15thwefore exemrt tsxatkn. Oth•r In¥•stm•nts 20.224 19,777 At lJanuary 2024 A￿lu•ll0n 19.777 447 447 At 31 lknmber 2024 20.224 20.Z24 At 31 D•cwnbw 2024 20.224 20.224 At 31 ￿￿ther 2023 19.777

Trade debtCff5 Prepayments Ixlw d•btorJ 7.761 3,134 10.128 4,636 20 84,765 31A15 Cash 4t ￿￿k 132,637 178,844 145 Oth•r ¢r•dltors Ixcrtrats 11,393 9,950 .148 iOJ03

3 11

1. x

Th• PCC of th• Ecd•slastkal Parlsh of Old St Panu•s with St Matthew Bedford New Town fuTrds C￿enT assets Currertt Ilabllttles 167.105 60.425 227.$ 13,148 Total A•t 4SS•iI 153.957 80.649 234.606 To*1 fwbdi •t 777 147n 214,895 10.303 182.633 iQ303 32262 Current liabiliti Total net assets 224 369 During the ye¥. the charity • yjnt d £1412212(Q3: £11￿) Irtyn St PaKrns Churth Land Trurt • thjrkty In vAtlth trustee Sandra Is a truste Pap31