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LEtDSCHUACM IINCORKMTED)
cor4TEPrn OFTHE FIIW4CIALSTATEMEi4rs
F(IItTHEYEM ENDEDII OECEM•ER21Tr24
3 10 9
Bal¥K•She
to
14 to 22
23 to 24

iEEDS CIAIACN INSTITM IINCOAPOUIEOI
REFETIENCE ANDADMIMSTRAiwe DETAIiS
FOA THE YEAR ENDE0311)ÉUM•￿ J)24
Canoh PD
J (aN￿￿ted 2616n4)
Rv•JDCty
LGroert*¥ld
C4rKnAD14id
Rewj KWTar&èrdl•ppth 3VIOn41
AS Iresiw*d ionn41
Ag¥d SAHanroxlw¢5wod 3JIVZ41
P JS•KlJathlre*n&l IOl7r241
4Jfv C•ls
W*stYorknl¥r*
¢￿￿ryW
WesiYc*lAF*
(hwthofErf*d F¥r•ts
Clw*d¢ Ltsr￿ EC2V8DZ

LEE￿ CHURCH IPSTMJTEUNCOAPORATEDI
IpinioDLICTION BYTHE CHAIR& Phtsw
FO*MYEAR tI<lED31 DEQMbER1014
tothlrrt¢onowhTryearlan *rM1Va￿1Omeolrnrn [* HEkn Re•Jtothe P•d rM(hrfsS*lft•s
We are b*ry ErJteful to Melen lor htr leadvshlp 10 yeaY& lkn's lryxy tht v*vityJs 5trTarrs whkh h•ve
We •re ihankfvl to S*rth & knnè Oi¥¢ thElrterm 4 tMte¢s. s*ved falthhJlNT
t¥pei*Keln minlsiry. leadarsllg detpt*ab2*cal kTry•Jledy.WecoMir*w seekto •wlthttwo rnore tNsw.
We are so very y*ehJl fw suth a dedk4W staff hkn* *h•d fthu4h a Challen￿ni perknd. I'm
y•tsfultooto myfelkvwtritstteswho ha¥ealt*Mon adthlorol *i>*thJfvethoywr.
c￿r0fthe Boa￿ olTntsteesolL¢ed5thurth ￿￿￿lUIe

REPORTOFThE TRUST£E5
FOR THE YE￿ ENDED31 nEaMW11024
The Chortty's formal •bJEcts tontinut to be to pro7￿. ath•rtear*l afvj educaikni Ibtsth reMEtous aThJ setyjlwl
¢owbstrnt ￿￿th fv Chris¥•hlaith •5*xwused htthur(￿TOfftsin ThE thwityoper*¢5iswlihln
partofthe otyol Letdsv4h*h iswithihthe Dlcase ofieed>
SUPPOrtlr¥the repvesentstvja ofthirc1%5•TrJ • numbor DfwbL*bc4Jlek
Lo•ds thurth Iftsiitirte ¢•ntsrwed il* thÈ th. wtth 9eop* of f*ths throu¢h ed￿llionaI
In attowdano %tsith thtir dutles pursvart to settitih 4 gf tt* c￿rth$ •LI 2011. the TnJstee5 hrn C<rf￿ereJ Leeds Uwrch
Ibwitute's thirfts and athl￿*$ in W of the ywJ•rKè on puM* be￿ 'thar511es
tsi relatp)n to the fvrt Iknb of the b•*ht te5tset ¢xrt In the •Itt￿. thetrustees are sètsffied thit these (*eb¥è5 art of
benefit to the p￿1￿ thrwh the Leeds Churth htsthutÈ al￿ proyarrrn wJth all Christian
In relaiioii to the seit>>l thet*sL the truA*S wire thatthe publi at * b**fits from the xtvdties of iÈed5 ￿rth
ensurt that thty art of benÈfft to th? at westht tiKthder the foWin8 ¢du￿rA70[ ond related athtttes
. E¥ents. medl•, arts aThl ￿SearChthatVrtI1tÉstI*L￿$K1It0jVrn￿ aThl actbjns
. city erwement In￿*ti￿ th•t gjppurt tt* tonts1knw C1¥￿n5 Ilfe nurtwe Inrooatvrt Idè35 that brin8
ouiireaTrrlusticefor ail in Leeds
.A￿eth￿IlY run th•rity In ¥¢ordprKe￿￿theMeffj￿ahdvffl and*J4
toall il*people of Lt2d
MembW￿¥PQftr￿ Bo¥d ofTwstees IC•wrfill¥ltertd 2024. withtt* dep•r￿re0fth￿etry￿eeS lAn￿ BLind R￿0
S¥ah Hancox & patrlda SaNlb¥hl ano ¥PPCihtroeht Offv￿ ljonothw theswman & XerryTankard.I
TtUStee5 met rEylath 2024 and hEhl the I￿. Revd P•Jl ￿￿, a5 Aector ol the city ol Leed¥ ￿.
In¢ LCI'S Meffthnda & *JtklEs ho*15 the p)5Mon ol LCI'S CIHlr & Preydert LCI'S Vk* Ch3lr4 C4nDnANn 14khol artd fte¥
Follo%￿n8 ol th staff 2014 sow +*ep•rtfft of tr* LO i>rec*r. Or Hekn Rdd, res*4ned her post tn
2024 ￿ assume a ntw PQ&b>) 3$ thrertor ol P4wce*al Hall. the.DlcKese of i¢E$15 IWltaHI'5 retrÈ•t tentre. an
e*ETr5rée r•uurf(ment prctess. the Trus*es apw•ited C* Chrtstop￿ Swfft in DeL￿￿r 2024 to the ieam wce
ayln lft Ilne wlth La's exlltirefhwtar t*¥elwment Wan. The havt been affeeted ￿ Hel?Th knd'5 dep•rture and viere al
reshaped d* to • abserKe of ¢)ne member ol fv ttam. At stwt of 2024. g•ff ieim cornw151d of Heten ReMI.
t51alr Cheeth*n. Paul 8rona8h (*. thAyr* E4v&na T•Tr*. fv tht.eno 01 2024, It ctynprtsed ol

LEEDS CIWIICH.INSTITIITE IIP4CORPQAAIEDI
FOR TKYEAIÉNDED31 OECÈM•ER 2024
In 2024. i¢eth Churth Ir￿ltyle (l￿tIN￿d to 4 varlpj and caknl*r OF P￿Ik4110n1 resoxth medla
pro8warthme5. Throy8h wurse ol tt* )*at. pwle auoss leeds Of mafry •ltended e¥¢nty LCI PD5ted and
F4th •ndThed
suite of IrA¥otives tlot erya¢ed, de4etoped arxl wJp￿Xttd •rtW Le*Js ¥thcE5 fr*f4lttrL ethypera￿
radkal* affected ty the departure of fts knd- H¢kn Re￿. tkn *0 p￿t(lOT of LO. major èwects of this work
CMIIMed, 54xh as puthtion offA* w ofcTrYtkO￿, LO knAar511p5 fDftsYo MAand othe MRes
SIL4lènts and a Theokntr ￿de￿Wa￿ate Èxternèl mL¥lule F4*cell￿ these hwe now become Ine￿ORted into pl•ns of
wrltten •rwJ online re$D￿rr￿v￿re wthced aTrJ sh•rEd twllefy.
The mbjor *cce5s in tTrM5 area ofd* •rt F•str4al in 2024. Dts*loplr* from
themaNy ethryytr￿d5OIwL¥1 S￿haS Creatmtycarwd and Jowwtothe Marw. tht fe5tfval WtLytherihÈ vario￿5
streafflselwork undertathert in the we4vjustw0￿1r5 de￿1￿¢0 a 5v5uof￿ents￿d tslks to 5h¥e ￿ re5ult5wtha
In •ddrf4lon to the Chalr of Sarwry saw resth. *lth tt* Cl¥*. 11$ I￿￿￿¥￿)$ vldets ONJ fesources
5pendln8 manyv4eeksWtchJrthesand Ollv¥enues a(yossthedty. kn•ddrtw to￿ lThUal alm of thetslr.io promote sanctuary
. tt* yojert a150 touk on meaw as it twed Itod4 With eath new ￿￿[On brfnOf¥ nEw xleas ￿l￿nS ￿ tht
demcfists*ed kn 2024 ty thè hard *ork ￿ the team *Tyk F*h & Radal ￿$tice was absent lor Jn
eAteThJed wlod oftlme.
8roups ￿ raise ¥*tht whar r￿S to ￿pPen ir• our A group of from d¢llttent denomina￿0￿ took the
resuhs and fmm the event and Conti￿¢4 kn wtyk t￿ther to flnd ways fwward to raclil lustke. Thew focus
remalns to be relatI￿$thIp buM&up( debytoth • Irarne*¥rt for th￿hE5 A8aln5t Radsm will
eortiNetsde¥ekp in 2025.
tlr suppov¢ ¥ol￿f0￿￿ to como fromc*yofSB￿Iyary.
The Hook LecDJre 2024 lorthe thurrhts and ￿art*￿v. l• p•rtr*tstr4) with leeds Mlnrter the SCI￿01 of PhlknsopFry.
Rellw'on and Ilistffjf of kiErte at thÈ Llrkn7ty of iÈ*d5. TW *¥en ￿ Rx￿4￿￿ A&4dle. ￿Tec￿ ol Inclulon Justlce for
(hurches Teeether Irt 8rltain and Irelatkl. Kty Mo¥emonts For Ch•w'. After the ertnL asked,
Leed5*a5ed wrlteraTrJ beattwerTe*ament a n￿ber01videts ￿Sed oh real Il￿d expthen
thuf¢l¥

REPORTOFTHE TRUSTEts
FOR ThEYEARV4DED310E(Ei•ieii 11124
F41th •tthe ljlar*
an'at-arm'>knth' ap￿04th.
LCI'5 to show wertlerKe d thsamty wiltsft Lee45 fOfnmpyth5 that ¢Ontr¥ted wlth tr* Ixk ot vL51blMty of
n m¥ry ch¥￿h conVe￿il0r4 tr* de*loww ut Orf1￿ C￿r5e1 a ser￿1 Thedoty athd f4sablllty
Leeds Chwth lfistitute Leeds Clbtem5 cunbhued ￿ Tmork In portb*nNp w prornote I[Y40￿ent ol falth Commun￿e$
C0mmur* LY8arysiry. La workEd to bulld the new Leaderthp Team. swported dtepEr rePth-tkn OA thrw8h blo￿
De¥elopm•rt ol tl* Hook ieciyre 2025 uwyjer the Farth at theme. ¥*th the fvrne bEin¢"fvobthÈt or Pr￿Idt￿
be a prophÈtit volce for tharn%e m¢dir4 the r*eds ol tho¥e in tl* m¥*h>' wall be 8iven by Jon KuhrL
Ihe Chlef EMecutNe of W Irrto a rbatbll￿ Clw15tyin dmrity pknriw thurthÈs to Pr¢￿￿￿¢ for people
haWèbeefth￿elES
lft addltlam tothe%t aspetts oftht ¢dut•tbwl pr(￿￿￿¢ LO he&￿ wtmkim r*J55#￿￿ ts¥isiDll. mi55th andvalue& aswell as
de¥Èlopln8 a rw str*e8ic ￿an for￿ or8•NsatsM L4Ylerft5 Direcior. ￿4￿4￿o￿t 2024. as to t￿￿$1*￿ b¢in8 in
ethScal. effectrt elflo¢rrt¢h3rits￿e orythti
Id•ntrtythat refierted tho ¥knnr¥ofour
8¥owth were rn0￿ knith enco¥wn8 fesults. an Iruea5e lft lollowers on Fa¢eb&)k aTh1 an INIustry tsndard
erqa8¢M￿ rnr¢. T￿reWa$ al￿ an i￿rease￿nt￿l￿AwsOn aNla8ain a halttrty on8aym•ntrate.
The LCI emal with members •thd cojr frrm %trenth to strenoh. ￿ adthonal
subscribers, and over haw of em•ls opened Ictympared to tl* cl21%1. arnl trere alw *•5 an abry4e a¥era8¢ rate
of d1th50n krth5forlurtherbrrftTh•WryL
Z024. In diwllxrted seve￿ thou￿r￿ w￿￿*￿0￿5. Irxludiry fi* tssues of La¥ wel receh*d publIcabo￿ Clty
Theow. *tMth celEbfated Its tenth ih 2024 *7th 4 5pKlal In addItio￿ LCI distrtl>￿e￿ publxaticns W
thec40pralt￿l$well •sthrMts*ndsofrrffir¢ed kanetsp￿1KLs¥y￿￿s •Jd
LCI AnNal General Meetlry wasw in Jdy wa5 atterKIEdarKI 5#r￿ ¢hne.tl* knpaci Rewrtfor 2023
Leeds c￿￿1¢h lftstitute contrThJed to be ljwd at 43 Tr Caf4. prernises that It s￿r*S t*6th ￿ther$ iee05 S￿rt￿ry and Leeds
Ths is n￿3% a r4aci Irttknr¢￿d ￿rtney$￿
P4sES

lEE￿(mUR¢H INSTITUIE1114COAPWTED)
REPORTOFThE 1AIISTEES
FOR ThEYeJA ÉNDEDJI tfqMBTr 21114
￿￿￿¢1*1 p05M•Th
The finartlal positth Icf 20241$ a510￿.
Incomefor 2024deLYeoRd by£40.107to E15Q41612023.. £19QSS31.
. Effp&wJJtwe
Tothl restyrntv￿jedd¢￿ed£èdd￿rt 2024 ty£62349to £383.31812023:£445.6671.
The nei I￿1 ol e%perfiiure (ver inrome Ibthe aTrJ kns5e51 ueated a ofE232N212023: defftlt of £255.114k
Th15wa5a p￿￿ed as Lclconikwiolmpknertt 5yearplarL
who"thare La'soffire spxe {P￿ul•l￿ Leed5S•A**ryl. and dotiati￿froffl
Expethre ￿$￿th￿bee￿O￿the£u#Mu#￿fft ofLO's dÈ¥tlWplan.11 2023thert¥r•teOstsYe￿ty1OfftaINa[nkn$
the New Market street buil* pi•x to sth. tnswir¢ that la's nv4V 8t 43 The Calh Is a and w¢l¢prnl
ènbaronft￿ ftyt4xh stsff •d These tosts r*w ce•*d altht Aew M•knt Stieet bJKknÉvrts sokl in 2023. •Thd LO
"2024J tr*rt •N coryod to budpt set tr¥ COLW￿ was tsryty due t• tt* vatarty of the
Dtrecto¢s Ns well as s*¥ir¢s ¢n tr* LiFeaorf5 vias a1￿UrE￿I man4errrrt 01 tosts reSU￿ry
'5¢me*th beiwpaused..
Fr1nd￿l￿•￿14SA1ltys
Lwltdln£ has nNeeased.
Attht4GM￿l0*i202￿•q￿$*￿￿l¥I3Iawc(￿cM￿the ¢ywnsd La's Nstorlc SThewlorJtwy tNs
quest￿n has been ¢ondycted •rvJ. Jt INS state. there Is ￿ 5pert* l** hltfttiw to the Df sla%*ry. Trknever, LCI dkl

itEDS CIKIRCH INSTrruTE{INCORPWTEDI
REPORTOF ThE TRUSTEES
.TO Wotect a steady 8mual real IvK¢ffle whkh of ¥tkast an ewlvalent of acthlty of LCI year on
the kirfertevrn..
. To foifrpAt aN Irp4e5tmEnt de%*Md to pra¥ld• IE4ol irKLTh thtt mitcP*s in1￿￿ ard protsas fv real value of
apital ovor the lorqtenn:
. To follw a pohLy wlwch prty4destr*5e￿rity.mIth tre athle￿ wxzl rewrnc0mm￿r•EÈwlthlhe ethk•lyJldellres
olthethwth ol E￿I￿d.
The srtst4y adoptsd Isto lyrrtst tt* os¥ets In 4 mi¥ of ￿llect property and The are hdd atKI
Mar￿￿e￿ by irsvestmenl M￿Ser5 hwe fvll day day man¥*¥bpNt of assets. LCI has a(k*pted the
q •thbcal0L￿dd￿rnS45the ChLthdErylaTh
Ule lThlk4k1uals ¢￿sIderI￿ fwhith bank io dÈK*sIt thElr into w whkb to irwest thelr savlw iry the Councll
w4ntstoerthurethat ia'5fvr¥ls ** ser¥lnBicfs thètitat4eobiedt4ese•Èh*hliÈts afe w belnB3gerrt tyLCI. TheCoundllw•
chos•fb CCLA to manage iCI's Irivestriients b￿￿￿5¢ 11 aws vmth La.$¥al￿ uitl LO v*e45 ty use i¥ cash rE5eTh*5 dwecttry, ￿ is
knponaiitthat lxymadeto for
CCLA'Swark h8sfourstwands:
l. En8a8ementts¢u5edon5ocial aThl erNivonmerrtal ¢￿￿Xtof chr￿1￿ nwsslon and¥Jlkne
l. SetNn8 appropriate wnstralr*5 ￿ hwe5trrtrrt aThl £b¥￿Te ((￿$￿ered by the Churth of En￿1¢f$
ElhKal In¥eAment hl¥tswGroup IEIAGI and th? C8F FundsTn￿￿.
4. Resp￿¥bl￿tIeS undef the UK5I¢wardsh* Code the UN pr￿￿*51￿ Re5pN¥l>lÈ IrvesirnentlPRII.
F¢Y LKampK. in 21)24 ￿ h¥4• lo¢¥sed'on •ir Inspknd trtht ShareA¢kn's •lr quDIty worK ahd with clear
dence of thE l¥Jm•n and ev￿￿￿￿nI11 by F4>Y guaoty. COA ILSned lor￿$ with Guys & 5t Tho¥nas'
FfmdJt￿tiTh aftd SEI Out tts ueatt ¥ mectrAni5m lor MaTed￿$S atsj rèthehte ts the of wban alr
polhjtkni. Thiralm isto the ifTdesimertir4ustry thi5 ￿detseTh￿ waccÈlerate ¢￿￿t*eff{¥ts
to me35ur•, dlsdose red￿ emi&slon5 of toxlc pjliutafits abr. &*tessful iwlemwtthn ￿￿11 trKin8 abo￿
Mowafid Its USÈ are a retwrent theme kn the fsJsp&. Ai same Vme, thes0rw>￿onOrnIC Cyr￿￿1￿CeS oftho carnrwrth
wTrwch Jesus Tr￿￿1$￿ere0 are wrfkan* rfthrentfrnm s￿4 of i*. tt folk7ws cmsldqrable (¥Te 55 needEd
tran￿alInI thrtstfan commitiTr•nts ￿￿￿r￿L•1dQdth>
805terud. M.120211. A Trt*lsew Clrfi%b•n bankn"r¥(w 318). *A)SI&
vrtth our Irt4estor5to ensweth*oryc¥ryeWfovts Jremad• humath •nd ewl¢wl btyxthsor¢)ur Ih¥esiments.
fvJpE FTrnd>120151. LI￿11￿￿ Ioocare E￿I￿l*r.
2024 was • rease•aL4y stÉth year fw LO'S wxl th? v•k*of io's *rfye￿d. lie•I5ed unrea115ed nÈt
ylms of £167.669 were retorded for thÈ wr12023: £994.0241. Asa re5uIL ia's ￿¥￿stmerrt5 had a marketval￿ gl £6.055,067 as
It 31 Oecember 2024 1202J: £W73961. •ltef thE s•le of tr* 14thv Market Street the proceeth ¢ertrated El.$25.CQO.
were mowed to 4 Oe&ywted fvTrJ,wtFwfutthwil be used tolTr¥esr Inthe rAwfe5ye¥dwelopft*nt ￿an.￿tthe of2024
thlsfundstood at£l.037,01
knpwtrn¢e of mivkn of h1¥e51￿ trj the reseThw of LCI thE tourKII £￿￿nUeS to dose￿ morutor thE
pprtorrnance ol the p￿110￿0. The Irfve5tr￿rt polty Is of dlrett arml rnarket•ble Irmestmerrts wlth a
l￿ffl rsskprofde.Th¢ln¥e#mvrt5arn l￿d m￿￿￿TheC8FC￿mYth olEr*nd Irfi*5v￿ Fw

REPORTOFTHE TRUSTtÉs
Tre CBF thurth OfE￿ IiwesimertFw
The CBF Churth ofEnthnO Property Fund
TheCBFCl￿r¢h of Er￿laTrI Global EqutylrKome Fur¥1
ThÈ(BFClwrrhol Erval*￿ Depo4t FuThl
15.30%
5.05%
20.80%
23%
&82%
Atth* end of 2024 ICI I￿ld5 sub5tsntkl ossetsin irwesknents*hithwtykJelrthm& Itkthe*]m thatthe ￿)ce￿nESenernte￿ Is fullv
spent eath year on ￿ W￿rk of LCI. no trj acvJThJlats •y¢ of tNs l￿ffle to create fi￿ther resefft4 and value
Reco￿14￿¥ the fir¥￿111 im&dlc•tb)rts of ts rurr•ff 5 year pknn tre fund5 01 tho thJrity wrihln the b8lanc• sheet ère
tatt￿riSed C*5VJOted fund."S year KA*n" a r*n¢ral thxKL 80th rn*e up the Umestrktrd
F￿￿$01￿* io mw#irythtyt*fi be used I$￿￿11dE*￿￿PWQpriate.
ThÈ De4inaW fuThl."5 year0e￿O￿￿*t F&h" ivas esiayistred usir¢iF* 8rrs*4 I￿the salt Of*￿ New Mafvt Street
bullding l£1.525.(KQl. The current plèn Is beithR ￿l0￿re¢ tr•5 fvn& As ai 31 Detwtw 2024. after year 2 of the
ear platt ￿ Desiwed I)￿￿¢ s £L057￿14Th￿se lu%M15 Iv•E been IrFJe#*d CBF Owrth 01 E*id
Dep)sM f￿rtd In r￿0￿[1￿ ￿ttheY￿1 be used in tre m¢diuTrt
To tO¥V5hart twm needs a rnknlrnwi blan￿01 £4QtKXl Is (34L Is replthsw •$ CtsF assets whlth
¥re readltyMa￿ets￿eandVA￿h essenii¥ty repres•MthEyr*rallts
Desplte a bJth1Ent￿Jr￿ as6wfft•ntiwrèikngdePrtlL La dw10￿ W ltyel of1*$￿t$.
rAwiD&2025 LO intendstourfitkn*its Allpmant ￿..
. conlin￿ne thelmplernentstbjn ofthE 5 F4èTrlr￿r￿￿tttiI20z7k pthl¥ly mabx¢ *•nsfor2026:
. To wo¥ktsfuffilthe LCIThewof¢*a
.Su5t*nknE effectP4e Idalk￿$￿ApSW11h thurcl*s beiwtht￿erq1vd lThwlderdty lire,.
-MaIn￿nIn843The C3Nsa%a p*eofwK meetsryandpartwsPip:
The thorty Is ￿ntrcl￿d by rt% a dryd and • knrred cumparry. Nmknd by warnntee. as
defined by ￿ thn￿¥$￿tI(K*
T￿ charty alrns tv edvcat•)n In ordEf ty￿te￿ry aspects ofth 805pel fLW tr* aty. énd Is cornrnltted to
partnershlp otherortarfsatiD•i The Ir&ttb￿eWa¥f•YJryJedtsy the thenV*ar of Leedsln 1857 to advarKe edut•tiort.
both relW"oys and secular. ￿ ber3rnea thJri¢¥blE company. ￿rn￿d by 8uavantr4 In 1919. hs work ￿ yerned by • memornndum
Lttds Chureh Insiiiute CourKil rnet in 2024. fEptytsfrtyn ts* stsff trèrn. èrnl the 2023 An#￿1 Re
AGM VAS leld in In persm ￿ h￿d (￿lIr￿*￿ throu4b￿ 2024. with.an emph￿5 ￿ in petson
Deiai1so1t￿ tru5tegswho ha4v ¥eryYl+Jurrythe)w•rtlbsiEd onpap L. .
None of ￿ trt￿ had aryperwD4 int*re%ts re4Uwi￿ diYt105we. Newx tTUSte¢5 are appoimed ￿ th¢ rnembers and
an Ind￿￿On by￿ DIrectoron￿ LeEdsClwwth knstitute and￿*￿Te¥)￿nsiblknIIt

REPORT OFThE TAUSTEES
F(IIITHEVEIII ENDED￿ DfCEMBEII>)24
The thjndl of Leed5 Cfrojrth lfillitute n*ts * le*tlb4e time5a year as a full Qwn(il. Leeds lthSt¢lute staff delepted
autknrlty to cany out the *ttrd•y Tmork pdiw •y*d GyJrKd 411 oryar*saI￿ti￿1 pojities in
H15torfcally. Leod5 ￿rth In51itute has been rkneiy asSCKJx￿ ¥Ath the Dfjc<esÈ ofLeEds. It bs nth¥ comerted *ith all
malor Chn*k?n dÈr¥Jmiftat¥J￿ and e￿￿en1(al ar￿ k*ally. n aso has w]th and re8kn•t
Intvfvrf¢h"netrwk5and r¢Ievantstaiu￿?n￿tsx4L￿ry bc•*
pl¥e w prtyltdt reaso￿￿ea>s￿1￿e aylnAfrwJd and errnr.
trithesexanlne tr*"mah)r risks1￿1 the ch*wtytates e•th f**noal >*arT*lwi ¥pthtin8 the stf¥tèlc pfm
mttyte ltsexpos￿re lots￿ m4orrlsk>"
ayèeingthdrstrètewwhirh ts MO￿r<da￿n￿ty:
.￿ riskthat kn¥e5rthehtswlll n￿[belpIer IrKIe￿éS mT¥•I raptslwl￿rheyall￿S*￿pec￿0￿'.
.Tht riskth* properttesorirwesth)entthanHwS￿I •ch*ve ￿ r•un¥ woieae
Otlw I￿15 of rF5k revlewed aryl addressed w a T¢￿￿r bast5 ￿￿de relatrd to ts ￿Up￿Il9n of tr* prop¢rty. These rfsks
a￿ effec￿elY frymalfy nMna8ed a dyttrday a¢eThts afvj he•kh and saloty rts

INDEPENDE￿ EXAMINER'S REPOATTOThE TPIiSTEESOF
ieEDS CIIURCH INSIITLFfE {W4CORVORATED)
I repcrtto thetharftytnfflees onnryexaTh￿1lrnO1ti*¥￿ts oftho Ccthparry ￿the yearended 31 December202
As the chailty's trustees ol tl* Comp*ry 115 direetrx5 fty ttr puTroses of comparry lawl are respor41ble for the
prepaiatiorthofthe a￿o￿ts In K￿r￿￿e￿I1hthÈIeqfftfi￿￿(￿thÈcry￿￿ **12W6llhe 20C6kt'
eli¢lble lor irxlependert Examthtion. I Itptrt in rt5pect of my of ywr charitys auourtsas carfied undu 5ecDo
145 of the Charttles 2011 lyl* 2011 ktrl. In carfvry fyjt my eA•hirtation I ha* follo*ed DiFeeth*s bytht Charlty
Cwmlsskn unthf Secim Ibl ofthe 2011 *£L
rn*causewbelkn:
thattheacctyJrtS 8fvt* trueand faIr￿￿*¥￿kbIS￿t1 ni4tterwn￿ •5 Plrt olan lrbJep¥￿Ènt
tht *tcounts ha¥• been prepared In ¥(L¥d•￿e the meii*Thts Syirfwes of the ￿t￿l¢￿t01 fiecornmoryjed
Pracb¢e ts accowrtln8 and res*)rtv¥ tr¢ thar￿$ ¢1￿￿¥￿e to a(trwts th ar￿an[* vAh
n•n(&l RepOrt￿su￿ard appl*at4einthe RewbfK of ￿el￿rI1 IFRS 10211.
In thi$repDrtingwder toentha k¥oper ur¥Jer51andwofth¢•ccoum5ty bE read*d.
Th¢rnas Coombslimiied
(hortefed Accountants
3365ThE
C*ffluryW•y
Pa
WestYo¥kshke
21 May 1ty15
Pwio

LEEDS CIWRCH 114ST1￿ IINCORPORATEDJ
STATEMENT OF FIP4ANCIAiACWMT￿5
(INCORPORATING AN INCOME AND EXIEPlDinME￿CoUNYl
FOR YIIE¥fAR£f40ED31 DE(£MBfR1014
fotol
Dofftavorf al￿ le¢ac*s
4187
182.366
T￿1
190.$53
Rarsi￿￿TryS
Gire ￿Trol(e5
J3?
27J37
Faith and Creat￿ty
Faith and Aadal Jwllce
Faiih andTheolsJ8y
Faith •tthe MaT8iThS
58.536
58536
J¥95
65M2
413,￿5
J•3J
415.667
psttsmlrNewnents
167*69
394.024
NEf114fOMEI(WEWXTUAEI
13¢910
CONCILIATIONOFFuf4tsS
Totsi funds ￿1)Ug￿lOrward
624W?
4101.557
175264
6244467

BALANCE SHEET
2023
T•
AXEDASSErs
Taw1bleas￿s
Investynents
4K429
54017
5.887,396
6JISS
IQW4 5944411
CURRENT
367
2x971
C•5h atb•*
so
76J33
WJJ
Arnournsfalliré thJe7hithlThthie)Yar
14.70)
142841
N¥fcuRRENfisSEfs
Z97.054
6J75264
4240.467
175254
17
Urdrestrttted fuThls.'
' GenE￿I hJFKi
s*ardE¥dDP￿ert pkn
4.970.581
L269
I1)37￿14
175264
6.24Q461
TOTAiFUNDS
&175364
31 De¢ember202
InK£ordanceth Settw 476ofthe Cmp¥MesArtXi
ensurln8 that the charltabl* comparry att￿￿1r￿ retty*tl*tt¢rrirAy with SÈeti￿ 386 •nO ofthÈ Ctynp•nlts
t2W6and
BnarKial statem**5 aY4 far view oftr* stste of of the ttrwitsbbe tompAry J5 It the
d of e•th finantial ano of its (* dekn lu ¢¥h fi￿￿111 year h) the rewirements of
SetivJn&394 39Swfid wh*h Other￿ t•mptywTth the rewa.IRments oftsk Companies Aa.1(￿.￿￿•tIrrf to
Ibl

The flnantial statemuts •ppru¥td ty Il* of TnutoesaNI avttK>rW for iS5W 21 2025￿ on its
behawbv..
LGr0enEw•kl-fnthe

LEEDSOIURCH INThwfE IINCORPOMTED)
PIOTESTOTHE F1P1AN￿5TATEMEPlVs
att0rd￿ce the Cbarttles SO8P IFRS I￿41,￿¢0￿11￿%*￿ bych¥ibes:StatementofRtttqtyff￿oed Pracbce
appfKabte to charities preparity thEW a(C￿nts in %tothe thE hnancTral Rewbry StsTrYard applkabte In the UK
and RepUL￿¢ ol Ireland IFRS 1021 leffec1h￿ l lar￿ty 20191.. ReFPrtlr¥ St*￿rI 102 AeF•rtin¢
stsrnIArd •pplicatye in ts UK Ind RepybfK Qf Irtyarnf and li* CordparAes The Ilrwrjal s¢*eme*ts have been
wepated under the cosr *ith of Ir￿*5￿nts wtb*h ￿ irtlud&l at nwrket ￿lu¢ 4$
The fithand41 are on • ¢orKern ba$15 the htsthric41 cost convenik)ty mc41fled th Include
ertth hems at faw ¥•Jue. The flnartial ststernW￿ are wesentsd thch Is the fvnctional of the
thartty and tOtsn¢ed reare# L appl*d in prepJw*lon of tl** financial
far the next 12 av*iMlity ol opltal. the thr*(￿ art of the opinlon that the comp•ry will
rqm•n vhblo for thè fr*eseeablÈ futwE aThJ thEse statEm2Dts hkn* been preparod on the 8oln8
Uabmhles ¥e reccythd as e<penditin as Sor￿ as ihern i¥a leeal o(c<*thciK* ¢vmrnltt•l8tht charfty to that
*kpfiditure. prrt)*JlE that a transfer ol b**fits bE reqthd in Xttknent ¥￿t tt* affwnt of
t* measwed Feliably. Evwhdituro 15 aCCOLWrted for on an actrua15 ba515 and hJ5 bo•n d￿SIfied under
headlrgs that ageregath all related c•t¥¢Lwy. 74I1we coAs<amx be ¢trecdy to P4rtkul•r h¢adin81
Tw8iblellxed4s*tts
Tarylble ft%ed assets are staled at cos¢ or v•k*tion less dyeoakn. As*ets tr•*r fl.W) I￿ taphalksed as
ired. C*preclatth 15 pfo¥hl&J orb al Axed assets at ratss ¢thl*ted to vrt¢ off the COSL estimated
resk4u•lvalu•. oftheauetso¥trtsr¢xpecwd W¥sfolb￿'..
Mant& E9wpment
IOX. 25% b*nce ￿$1$
A ré8ular annyil re¥ew of the likefiw of 13set is wvjertakat. ba￿$ of tN5 •amlne thè
*S5tts In thdr curyent ¥sè and tr￿Tt that ¢vrr¢fft w41ue $ mateii¥ty Ircqn the va￿￿ reported In the
Investment properties for ththkh f*r v4Je ￿ br wst or ¢ffort are JDeasured at falr
v4ut at¢*h rlportinidale **hdb•ry5 In.￿VIn5/ ¢knssesl ￿ Ir￿￿$￿ents,1othe SOF
Monitt earmawked.trrf dorKy5 or an appe￿ f(* woJe¢ty ￿ acco￿ted lor sep3r8tely. In
I￿￿$maY be on 4nyle8ttimated1wfta￿e¥kno51*dd0￿ knthe CWS mtmDAnthJm 01¥550rl*JorL

iEED5 CIWRciiIMsllTuieiiNCOAPORATEDI
M¢)TESToYHEFIIIAIKIAISYAIEMÉKIS.t•fflhK
FOA THEIEAA EIIOE031 DÉCEM#Ek2024
trartsfer510 de5Wtedfund
sMeff*ni of fjnandal Xi]￿leS thows separately the ￿Fer￿J￿￿e atsj traftslws reL4tini to resvic¢ed fv￿$.
liatsrfitt¢5.' these trad• aftd ottr*r d•bws •)d from ban*$ athd otherthlrd ￿rtIe
co•trattLwI w<wMs¢fthe instrt¥D•
fiti8ntyal¥s*els ttss*d asree•vablewithino￿ *araYÈ rxxanx¥ti*
fi￿nCbI1 lia￿￿e5 lothv th¥b th¥fied ¥ p￿* *ithin anE parl •rE I￿la￿ rne•£ured * yesentvalue of
fvwre (ash IIow5 arbj SLthueth at amortisd ¢ffedtrrt Intsrest 8￿¢ ftharKlal fv4bili1*5 da55ed
a5 wyal1ewit￿ or*¥eara￿ not affl0￿$ed.
F￿1￿81 assets and &ablitl•s are offsel h*t arno￿ rep￿ted in tr* fon•nthi $￿t￿ents. tkn ihere is a IERal
enfort￿ble rishtto setoflthe T¢CO8nl&ed there IS an kniemtirm to setwe cn a bas15 orto fEaN5e the asset
Subseqwffjty. ttxy •re measu￿d ai fa[r￿￿*￿trIth thJr¥Es WEcowd in'r*teaTriSIIkn￿s1 iThve5trnenlS'iththe SOFA
cortlessirnpairn*ot
2023
T4)181
funth
Totsi
furK15
44.251
138.115
.J39J2?
£24.8401.
PaEÈ15

U>5 CHURCH INSnn>Th IIPKORPORATED)
Total
lur
fund*
Proporty m*wyme•tand relrteOfee5
45QI
pro>*rty
27.563
33.062
Dirert
Costs lsae
note 51
commun￿31￿$
FaIth3￿*(￿￿]ty
F¥thartd AacialJv5bte
F3fth andTherAoev
F￿th atthe M•ryl
,157
536
11595
3•3.31A
10.054
&iio
7.974
l5
Teltphorte
>Jndries
IndependenttA7nHn•tion
199T
4.076
Z727
EAuiprnÈThtexpe￿￿s
AccouDt
Depreaat
Nortkthar8¢5
7298
Raies
Rerrt
aeanknR4thJ Aefuse
Prwrtyeosts transfwted tycosts0fra*fw￿S
Lepl and prolt5yoThal
Staff saLirie5
EmF4ryrfers 111
Pen￿OnsI)rth1r1￿￿t$trff
Tra1￿31)d*￿￿re
L976
9.775
23.220
10.306
127.5621
1842
15.087
21487
4,377
286
19,398
'X506
Events aTrl $￿in•r5
LQ v•ort wand5
F41th0nd R•0•iJusdce
Falili¥ndTheok
Faithatthe Ma
9m
4O45n

LEEDS CHURCH INsTrtu￿ (W4CORPORATED)
140TES TOTHE ANANQAL STATfMEP115-MvrtoM
FQA THE YEAR Ef4DeO 31 DKEMIÉA 2024
Oroutht"lorw¥d
Iwss on 4*$p￿IdItan￿k ass
4￿$72
9.a33
Corwvatr•%fityrwltirindl¥Wual LOtAxrfk sty*¥¥errfaval*lEtr2023thJe ts adwrqt Mi¥¢W￿l0T2024
01 £17712023.. £S91 and1￿<0￿591£376I2O1J.. £￿I)¥￿Tr Feh1*U￿
Reimtwrsed expenses. al subied to thè Kffocesse5 d krtE￿il ctytsols. d¢ not of
ronuneration.
srMF¢om
2023
waKeSa￿ salèrfes
bal Security
179.532
12.171
29).591
1S.OB7
23.487
215302
239.165
The rtmUr*al￿ ofts kryrn*we￿ p￿x￿￿e1 was £26.92112023'.
£57,636>.
Ilelmbw5ed tvpenses. èll $￿ie￿ to the of h)tern* cryitrols. do r￿t form of
Totsl
Donaticqbs Ind lept
187
1>1553
IXl.553
EXPEI4DmNIE 011
311
32.062
Pw17
ctyrtlnu¢d...

LEEDS CHUKH IP4STtniTr {IiKoth)MIED)
NOTES TO ThE FINANaALsfATEMEKfs. ¢•ntW*d
FOR THE WEMDED JI DECEM•EN 1024
Total
fvnds
413.Fl)5
413.605
44Sfj67
44%66y
NotRalns onlrprtsin
3Y.024
394.024
INt(IME
134910
RECQNOUATION OFSU14DS
Totslfvyvjs bmu8thf<¥wa
410¥557
101,557
TO7￿ FUMDSCAARIEDFOAWAND
6.24Q467
6.240.467
T*J4GIBIE RXEDAS5ET5
and
ffttlrffjs
cosr
At l Janvary 10244ThJ 31 Detember2024
70.?
IThECIATION
At ljanvary 2024
Chryft<y¢ar
14.704
At 31 Oerember2024
At 31 December 2024
At31 OeceThber2021
$4017
ii.
UnU5ted
At Ilanuary 2024
Aev0h￿tiOnS
5887395
5.08735%
167.669
At 31 C*reml)er2024
6.055A165
NEfaooKVAWE
At 31 Oe¢•rnber 2024
At 31 2023
5887J95
5.887J96
tunllnued...

LEEDS QNJRtH INSTill￿ {INCORPOMTED)
NOTES TO THE FINANCIAL5TATEMENT5-¢on￿￿ed
FOR TNeYEAg EPal£D3I DE(EM8EAI024
ii.
2023
TheC8F ClvJrthdEr*rnl kr•estment Fur
158.613.3711023.. 161613.371 Ir￿es￿Ore$
3.8x796
3MIL556
The c￿F￿rth ol 6k￿ Equity
85P25S612013.. 85.025.%l Imte4MShJre5
273391
257?87
The CBF Clwrch ol Erfar￿ PropertyFund
416.435.6712023.. 414435.67)
510.175
The C8FClwJrthofEr*NI D¢wthFurMI
1.3nm3.$312023.. IX37&991 SlTra
L377W4
L3￿.377
The above rornnw In¥estyneAt lurn4s egaNished vThder the Chwth Fwd5 IrNesvnent Mt•wrE 1958 las ¥rnendÈd
￿me t0￿me>. ThofvThJs spread Ofkndr¥id￿ll t4uths and hv¥esimentk Futh detsilsofthe C8F
oIEn¢knd F￿d5(an be ¢)btalrnd fw(xn w*w.cthxryuk
val￿t￿ ih 2024
Thecomp•nWs atlht baL•Ke shettdète sTrHre cawta lrthJdethefOl10￿
Cl•ss of thayw.
Ordinary
e8ateuWtsI
The articles of assorjation of io Tr•dlre Linwtrd requlre tr* of the eomparty ts be p*d to p4r¢nt thartty.
£rtdf￿2s. £NIIi5 r2£o￿edaS i pftalltor*JlbV￿tythO leedsch￿ Institijtellrwyatedl.
Paee 19
ccntirvjed...

LEEDS CHURal IIISTtfm IWICORPORATEDI
)TESTOThE Fif4AIKJALSTATEMENB. tonllhwd
FOA YHE YEAA É14DED31 DE￿￿￿E*ll)I4
61.367
2023
491
&770
Ot￿r¢red￿0rs
ZY7
1245
4763
6,284
At
3V12124
At vin4
In fund5
GEnefalfvnd
DEwated. 5swr dv¥Elowr*rtpkn
4971I5SI
167.669
175264
1652Ql
&175.264
ns and
Ge￿￿fUnd
ate& Spardwdowtsnipwn
167AO
16Y
167
TOTAL FW4P5
TraAsfers
At
3yi2123
At vin3
fu•ds
fvnds
6eoÈralfuftd
oe*wed.fft￿d os%et
394.024
4.389,458
15.914.458)
¥52%0
4.970,581
S914.458
125%1141
L269.U6
6.IOL557
IX910
6.240.467
TOTALFUNDS
6.IOLSS7
U8,910
6,240.467

IEEOSCHURCH P4sfiTm IIIIC(WORATED)
NOTES TO THE ANAMCIALSTATEMElll5.¢•nllrNqd
Gainsan41
los%es
Movqrnerrt
Infvnd5
UnresirtdwlfuDd5
Ger*rdlfund
L*Sknlt￿ Sye•rdÈYelowntntpkn
.553
12>J.5531
1241141
394.024
394.024
255 1141
JXl553
190.553
445.6671
391.024
L38.910
Leeds (h¥rch Ilrthporatedl pl￿￿e$ in the Pen51on 8vOder Sctr*me 5eciion of C4VPF fw W staff. CWPF 15
adfflin15twed ￿ ihe Church ol ErWand Board. **ith hok4s the C*PF assets sepwatdy from those of Il*
Ernployrand other p•rtscwtirryempbftrs.
L the Oefined Benefitsscheft
2. the pen￿0* 8ulklerS¢hEmt. wl4ch
*. adeferred amuity secti￿ kmwn a5 Pens** Ouilderaa* •d.
b. a tash ￿laI￿re SeC￿n knrA¥Tras p¢￿￿1n Burfder2014.
Verthn Bulldtr aas* prgwdes a ptiiwjn. acaffi￿1ed frorn Contributior￿ paKI cowed Into 4 dtlerred anr¥Jty.
riry ￿p10yrnent based on ternis set ￿teWed by thÈ (hurth of E￿I￿J 8wd from flme ty the.
Oi5cretion3ry IrKrease5 M￿aLSO be a¢kM deF•Yln8ty7 IINe5Dllertieiwnsafid otherfxws.
retiremert. Penkn (￿l￿bu￿￿$ ao retorded ac(ovnt ts each mernbv. Di5cfEti&iary t•iu*s may be added
stherne 15 fDwldtred to bE a s(1￿￿ as ￿l￿1bed bn Se￿ 18 of Ffts 102. Ths 15 bÈt•u%e It Isrnt
POS*b￿ to attribLrte the Pen51un bu1￿ WYme'$assttsa￿ kn￿r￿l*stO speaft emplDyery wwsthat contslbutlons
are accoumed for as rfthe knrne werè a thfined conty*ution ThE pl1)￿n$ eosts th3ryd 10 trt 5DFA In t
year are the cc¢rtrthtiohspayable12Q24.. £21125. 2023.. £23.487J.
A¥alvation of the PM5ion NMld•rSchErre ts r￿d OhtÈ *¥*ytlweeyews. r*twrtWdbJatkn w•$ carrled
a5at 31 Oecernter20ZI
Ftythe penslohBuild¥(Itsy¢ 5ttith. thE 2022 ¥Oltrati￿ rthe•led • swWuso1£34Jm en the a$5umpkn usod.
Ai tho most recent anrtu•l review effectht i 2024.thE rh)seto yant a d1stre￿on1ry b￿￿5 of6.7%to both
per￿￿n5 notyrt in payment and pen5rn51fj p*y¥h*tt in reswtolstiyKe prwio April 1997. ar￿ a bonus orb pe￿0￿$ Ih
paymerf¢ kn respect of pom 2LTh sv¥Ke so that thE pensK)n wth15e was S% (where uyjlty r(.w0￿d be c*ulated
b•sed on infiatityl upto 1.5%). Thslouowed lrnprfy4eTh*Thts in the fw¥jI￿ POSitb)n 2023. There is no requlrementfor
For the Pension Buitd¢r 2014 ¥ettw. tl* 2D2Z ￿ared • wrplus of £￿ffi M tr* a$5umptkirys used.
P4e21

LEE05C￿URcm INSIITUIE IINCORPOPATEDI
NOTES TO THE AP4ANCIALSTATEMEI4TS.Mnt*•
F￿ThE YEJA EIUOJIDEtJIABtxx)24
ThE n£rtva14*ti0n i$d￿&s&t 31 Dec•thr2WIS.
The *oal siruebjre of tr* 5d￿rne 15 suth that empIry￿r tslts. iteds Churth Ibistitute (Inco￿rated) c(wld
bEcorreresrth)sth for￿lrY￿a Sh￿Of tsrfal￿dQ￿￿l￿rf$pÉr&1on blab11￿lÈ
17.
ieedschyrrh InstJtuie liwjratedllsa charllthcrmparty. 1lmitedtyw3rwrteea￿I has rw5h4Ter•pltsl. The mEmbw$
have a8rted to tontribute £1 exh tr*the Ch*rlty'SaSSÈts ￿¥￿ndIn1 up, rf its assets should 1Th5uffident