REGISTERED COMPANY NUMBER: 02114948 (England and Wales)
REGISTERED CIIARITY NUMBER". 297013
rt of the Trustees and
Flnancial Sta
ments
for the Year Ended 31 December 2024
atlonal & Generdl Charitsble
Trus
The
WrHJM Vigar Limited
Statutory Auditors
Chartered Accountsnts & Business Advisers
15 Newland
"ncoln
Lincolnshire
LN1 1XG

on
ational & General Charitsble
Trus
The
Contents of the Financial Statemen
for th Year Ended 31
r 2024
Report of the Truste88
Report of the Independent Auditors
ststement of Financial Actlvities
Balance Sheet
10
Cash Flow Statement
Notes to the Ca$h Flow Statement
12
Noles to the Financlal Statements
13 to 19

Con
Trus
ational & General Charitsble
R Istered number: 02114948
Re
ort of the Trustees
for the Year Ended 31 December 2024
Introduction
The trustees of The Congregational & General Charitable Tmst have pleasure in presenting their Annual Report
togèther with Ihe Financial Statements and Auditors Report of the charitable company for Ihe year ended 31st
December 2024. The Annual Report *rves the purpose of both a Trustees Report and Directors Report under company
ConS￿tUtion
The Company is a charitable company limited by guarantee. incorwrated on 24 March 1987. The Company was
established under a Memorar)dum of Association which 8stab&'shed the objects and powers of the Company and is
govemed under its Articles ofAssociation.
The directors of the Charilable company (Ihe Chariv) are its trustees ft)r the purpose of cJ)arity law, and constitute the
Council of Management in accordance with the Articles of Assooation.
The details of the trustees who served during the year are induded in the Referen(% and Administrative details on page
OBJECTIVES AND ACTivrriES
Objectives and alms
The charitable companls principle object is to promote the Christian religion and in particular the Untted Refonned
Church and Congregational denominations and other churches (whether wholly independent or associated with or
united V￿th another church or group of churches) which are of Protestant tradthon.
They also have an objective to Contr1t￿le to the fijnds of any charitable inst1￿110nS, assocAations, funds or objects to
carry out a charitable purpose.
Its principal activity continues to be that of helping sustain places of worship and Christian projects by the making of
grants. The charitable company also conlrilxrtes to the funds of other charilable institutions.
The Charity Ca￿leS out these objectives by making grants to the churches mentioned above to assist Iheir
congregations to maintain their places of worship and enable Ihe support of the local communities many of which use
the churches associated properties and buildings for various community projects.
Grants agreed go towards supporknng the upkeep of the church propertiès. many of which can be either Grade 1 or 2
listed properties and are expensive to tnaintain. Assistance with damaged roots, dry rot and waler ingress are regular
requests that have been supported. Other areas of support includ8 aSSistsn￿ wtth disabilty a￿$s, disabilty toilets,
window repairs and lighting and heating issues.
Many of the churches hav8 C￿nected buildings housiTrJ o)mrnunty centres which go to support various community
groups and small charitable organisations. These include dementia groups. youth groups, food banks and breakfast
clubs for exafflple. It is also important these properties are maintained to ensure that these groups can continue to
support their local communities.
In setting our objectives and planning the CoMpan￿S activitses. the members of the Council of Management have given
consideration lo the Charity Commission's general guidan￿ on public benefft including the guidance "Public Benefit-.
running a Charity (P82)' vthen future activilies are being planned and the Grant Policy is reviewed- in the overall
furtheran￿ of the Charity's actr4ities. the puilic benefit deIr￿ry is Inherent within this.
Page 1

Con
Trust
The
tional & Generdl Charitable
R Istered number. 02114948
rt f the Trustees
for the Year Ended 31 December 2024
OBJECTIVES AND ACTivmES
Grantmaklng pollcy
All applications for grants and donations are considered at quarterfy meetings of the members of the Council of
Management. An eSta￿lS￿ed Grant policy is in place and is reviewed annually to ensure that it is adequale for the
Chartty to maximise its support of the churches and achieve Fts objectives.
The TNst invites applications for grants from Churches by advertising in specialist publications, word of mouth, website
promotion and slands at appropTiate evenls. AppliGants who have received a grant may not apply again for hvo years.
There are certain areas that the Trust does not look lo support being njnning cosls, standalone solar panels, organ
restoration. and projects costing over £1 million. For full deiails of exclusions please see the Trust's websrte.
The awarded grants are nomally drawn down within a Iwi>year agreed time limit al a point when the applicants can
prove that the project ha5 commenced and paid invoices to at least the value of the tolal grant can be submitted to the
Trust..
The Trust's grant-making policy was established lo xhreve ils objects for Ihe public benefit in promoting the Christian
religion [see Page 1 Objectives for full details] and in doing so enable churches to Improve the beneffts and general
welfare of Iheir congregations and communilies.
This 15 achieved by maintaining the properties vthich churches use for their w(Kship by improving andlor developing
attached or adjoining buildings Ihat are used to SUPPOrt both the church and local communities. Details of how to apply
for giants. together the relevant process, are available on the Trusl's website together with infonnation about the
Trust and Case Studies supplied by churthes who have previously been supported by fhe Twst.
STRATEGIC REPORT
Financlal posltion
Review of the Year
2024 has seen a good year for the Tnjst. with a steady ir￿me stream and a fflarked improvemenl in investment values.
Despite a continuing background of weak economic grovhh, inflationary pressures, geopolitical turbulence and transport
disruptions, the recovery seen towards the end of 2023 has continued Ihroughoul 2024 resulting in an encouraging
outcome and positive trends. Investments have increased ftom £17.5m to £17.8m and are Ihus nol far adrift from the
2021 year*nd value of £19m.
The Trust has maintained Èts grant activity this year. SUPWling 79 (2023: 46) churches with grant5 paid from the bank of
£964k {2023. £542k). This 5how5 the Trust's continued wmmitment to supporting churches. and significant growth over
the past year.
Although a large Charity in terms of rts financial assets. the day-to-day operations are relalwely straightfo￿ard being the
pro￿SSIng of grant applications and the dose monitoring of the investments. with the income and possible portfolio
growth being used to maintain the support which the Charity provides lo the churches and their communities. Overall. it
has been a sU￿esSful year. managed well by the Trustees who continue to work hard to ensure that the assets are
managed professionally. and that applications afe prO￿SSed wi a diligent and efficient manner.
Below are examples of some of the grants paid txrt this year, a detailed list is induded wrthin note 5 of the accounts..
Brave Church, Oswaldiwistle
Hook Norton Baptist
The Well Baptist Church Lytham St Anne's
St George & St Paul Tiverton
Stones Methodist Church Ripponden
St Giles Church Shipboume
Heywood URC Northowram
Lowther Street Congreg8tional Carlisle
8.0(Kl
Conversion of counselling rooms
20.000 Drainage and masonry repair
20,OCKI Roof repair and timber repla￿rnerrt
6,1(Xl
Lighting irnwovement
20.000 Roof repair, solar panels arKI ground floor refurbishment
15,0(J) Repair lo stone wor*
25.000 Roof repair and refurbishment of chapel oiling
2.000 Repla¢en*nt of gas heating and pew reordering
Financial Revlew
The financial statements comply wth the Charilies Act 2011. the Companies Act 2006. the Memorandum of Articles of
Association. and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their ac¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102} (effective 1 January 2019).
Page 2

Con
Trus
tional & General Charltabla
istered number: 02114948
of the Trustees
for th• Year Ended 31 December 2024
STRATEGIC REPORT
Financial review
Investment policy and objectives
The Charity's trustee5 seek lo invest its funds in fixed inlerest. equty, and property funds some of whith are designed
for charities and managed by professional fund managers.
The Charity looks to achieve the best returns available from its investsmènts whilst seeking to maintain a spread of
investfflent types with the inlention of reducing the level of exposure to mavket rates. To this end. the trustees have
utilised the setwices of professional fijnd managers Investec and CCLA both of which are established and professional
fund managers ¢)ffeT guidan￿ and support to the trUst￿S in managing the Charitys investments.
The professional advisors provide monthly and quartetly perfonnance repsNts and annual meètings are held to r&view
performants, risk, markets, and other economic faclors. Additional meetings can be arranged if market uncertainties
prevail.
Perfomiance has been Salisfactory considering the uncertainties in the investment Ma￿elplace and provid8s the Charity
with the assurance thal it can continue to support future SU￿sSfiJh grant applications.
With Investec the Trust h85 a Medium Risk Balanced Investment Strategy with an established net perforrnance
benchmark agreed which is reviewed annually. There is an overall bènthmat* set arKI separate ￿nChMarkS in respect
of overall exposure within the various assets held in the portfolio.
The funds invested wÈth CCLA are within the Ethical Investment Fund, the aim being to provide a long-term total retum
comprising growlh in capital and dislributions. This is an established hjnd suitable for the Chartty's aims of achieving a
good level of distributions, long-term protect￿n from Inflatic￿ together wilh a wide range of ethirAI restrictions.
The Trust aims to achieve a retum in Ihe region of + 4*0 pa on the funds inveslèd and Gonsiders the performance this
year lo be satisfactory considering the market volatilty experienced.
Reserves policy
The charitable company's r8serves consist mainly of investments held with Tts inve8tm8nt manager5, Invest8c and
CCLA. Each year the charity aims at least to distribute its net investment income in the finanaal year in which it is
received or in the hyo following years.
The charitable company looks to ensure it aw has sufficient liquid fvnds to meet the payment of grants when they
fall due. Grants are nomally drawn wrthin a hvLvyear period otheNiise they will lapse. With the levels of cash at bank.
within the investments and the agreed fulure inve5tmenl Ir￿Me stream. fijnds continue to be SLrfiaent to cover grants
due and the operating overheads.
Total charitable company reserves as at 31 Decembef 2024 were £16.607.881 {2023.' £16.705,070) which comprised
negative free reserves of £1.174.750 (2023". £836.498) with no current restrictions or designations inherent or applied.
These free reserves are negative due to commitments of the charty for future years. These commitments are tc be
fijnded by future investment returns or by realising part of the investments. The remaining reserves, totalling
£17.782,631 (2023.. £17.541.568} are tied up in irwestmenls but these too have no current restrictions or designations
inherent or applied.
Financial and rfsk management objectives and policie5
The Counul of Management activety review Ihe major risks vthich the charitable company faces. They believe the
controls and syslem5 in place can adequately deal with risks ￿1¢h the charity is likely to face in the near futu￿. The
Council of Management have a risk rnanagement strategy which comprises:
- An annual review of the risks the Charity may face..
The establishment of systems and procedures to mitigate those risks identified,. and
- The implementation of procedures designed to minimise any potential impact on the Charity should those risks
materialise.
The primary market risks in the charitable companvs irwestment portfolio is the fair value sensitlvty of fixed-income
securities to changes in interest rates, and risks associaled with investmenls in lisled equty shares. Risk appetite is set
by The Council of Mar]agement and then managed Ihrough the investment portfolio managers.
Further infomiation on the Charity's investment policy can be found above. The Charttvs transactions are all in pounds
sterling and therefore there is no exposure to a movement in exchange rates. HDw8ver. some of the Charitws
inv8stments have underlying overseas assets and are therefore subject to fluctuation5 in value resulting from
movements in exchange rates.
Page 3

Con
Trust
The
tional & General Charttable
istered number. 02114948
of the Tru$tees
for the Year Ended 31 December 2024
STRATEGIC REPORT
Future developments
As a grant making charty all developments are focused UPC￿ maximisiry the number of churthes and communities that
benefit from the Charity's efforts. The profile of the Charity continues lo be an area where efforts are being made in
order to reach out to the churches needing help. The Trust ￿￿11 again advertise in the appropriate publications as in the
previous year and look to expand Ihis further where possible. Attendance at various forums is also being researched
and attendan￿ at these wim be considered by the Trustees. An updated webstle has b8en developed.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by Tts goveming documeFrt. a deed of trust. and constitutes a limited company, limited by
guarantee, as defined by Ihe Companies Act 2006.
Recrultment and apF>ointment of new In￿teeS
Rotation of Members of the Councll
Under the requirements of ihe Memorandum and Articles of Association. membership of the charitsble company is
subject to ￿rtain restrictions. These are thal a member shall be a member of a United Reformed Church,
Congregational Church or other church of the Protestant Iradttion provided not more than three or 250k of the total,
whichever is the lesser (who are not members of the aforemenlioned Churthes) may be individuals whc shall agree in
writing to accept the objects of the charitabl8 company.
At the Annual General Meeting in every year. one third of the members of the Counal of Management for the time being,
or, if their number is not three or a multiple of three, then the number nearest one third. shall retire from offi￿. Those
members of Council retiring through this rotalion are eligible for reelection at the AGM. The members of the Council of
Management retiring by rotation this year are Reve￿nd Parnela Ward. Mr Alastair Forsyth and Reverend Richard
Tumbull and being eligible, offer themselves for ￿lectIOn.
The Members of the Council of Management have the power lo appoint additional members as it considers fit to do so.
Due to the nature of the companvs charTlable status its source of income, the Cour)cil of Management seeks to
ensure that the objedives of the charitable company are achievable through the diversity of skills within the trustees,
composition.
Oryanisational structure
The trustees consider the Board of Trustees as key management personnel of the charitable company who are all
members of The Council of Managemenl shown on page 5. The chantable company is currenlly run by ten trustees who
meet on a quarterly basis to Gonsider the grant applications received. The truslees have individual responsibility for
various aspects of the running of the chantable company including reviewing and prèsenting grant applications, the
production of financial infomation. the organisation of the charitable companvs banking a￿angeMentS and
development and management of the Charity's web site.
There is also the support of a paid adrninistrator lo assist with the day to day management of the Charity as51Sting the
trustees with the clerical aspects of running the Chanty. particularly wlh managing the grant applications received and
also ensuring the charitable company complies y￿th th8 appropriale regulations.
Th8 trustees are proactivety seeking to add to the Cwncil of Management wtth new tnjstees vtho have the required
skills, commitment and time to support the oryoing WO￿ of Ihe Charity.
Induction and training of trustees
mom￿r$ of the Council of Management Induction and Tr4ining
New members Df the Council of Management are provNJed the appropriate Charity Commission publications,
including the Commission's guide Vhe Essential Trustee" and "Charty Finances.. Trustee Essentials" and these are
distributed to all new members of the Council of Management along with the Memorandum and Arbcles and the latest
financial statements.
New members of the Council of Management are also required to complete a questionnaire which assesses their frtness
for purpose as a member of the Council of Management and sign the Charities Commission usual declaration of
suitability to be a trustee.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02114948 (England and Wales)
Registered Chaiity number
297013
Page 4

Con
Trust
atlonal & General Charitable
R istsred number. 02114948
for the Year Ended 31 December 2024
Registered offico
15 Newland
Lincoln
Lincolnshire
LN1 1XG
Trustees
Ms M E Atkinson (resigned 3.9.24)
Mrs S M Austin
Mr D G Coote
Mr A C Forsyth
Reverend D Grosch-miller
Dr A Hamnett {resigned 2.4.25)
Mr J F Holffles (resigned 5.1.24)
Reverend R l Tumbull
Reverend P Ward
Reverend C Bones
Reverend M Aspinall (appcwnled 5.12.24)
Auditors
Wright Vigar Limited
StalLrtory Auditors
Chartered Aocountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG
STATEMENT OF TRUSTEES, RESPONSIBIUTIES
The tmstees (who are also the directors of Congregational & General Charitable Trust(the) for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial slatemenls in accordance with
applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires Ihe trustees to prepare financial statements for e￿h financial year which give a tnje and fair view
of the slate of affairs of the charilable company and of the incoming resources and applic2tion of resources, including
the income and expenditure, of the charitable company for that period. In preparing those financial statements, the
trustees are required to
select suitable acwunting policies and then apply them consistently..
observe the methods and principles in the Charity SORP..
make judgements and es&'males that are reasonable and pruden¢
state vthelher applicable accounting standards have been folowed. subject to any material departures disdosed 2nd
explained in Ihe financial statements.
prepare the ffinancial statements on going concem basis unless it is inappropriate to presume that th6 charitable
company will continue in business.
The trustees are responsible for keeping woper accounting records disclose with reasonable accuracy at any
time the financial position of the charitable ￿rnpanY and to enable them to ensure that the financyal statements comply
Ih the Companies Act 20C6. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the wevention and delection of fraud and other iffegularities.
In so far as the trustees are avrare..
there is no relevant audit infomiation ofwhich the charitable companws auditors are unaware,. and
the trustees have taken all steps Ihat they ought to have takèn to make themselves aware of any relevant audit
information and lo establish that the auditors are aware of that infonnation.
AUDITORS
The auditors, Wright Vigar Limited, WFII be proposed for rtrappointment at the forthcoming Annual General Meeting.
Page 5

Con
Trus
The
ational & Genernl Charitable
istsred numbor: 0211
e Trus
for the Year Ended 31 December 2024
Report of the trustees, incorporating a strat8gic report, approved by cffder of th8 board of truslees. as the company
directors, on 2 Seplember 2025 and signed on the board's behalf by..
Reverend P Ward - Trustee
Page 6

Re
rt ofthe Inde
ndent Auditors to the PAernbets of
atlonal & General Charitable
Trust
Th
Opinion
We have audited the financial statements of Congregational & G8ner31 Charitable Trust(The) {the 'charttable company)
for the year ended 31 December 2024 whith comprise the Statement of Finan￿al Adivities, the Balanc8 Sheet. the
Cash Flow Statement and notes to the financial ststement5. induding a summary of significant acrx)unting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted A(xounting practi￿).
In our opinion the financial statements:
give a Irue and fair view of the state of the charitable CoMpan￿S affairs as al 31 December 2024 and of its incoming
resources and application of resoU￿s, including its income and expenditure, for the year then ended,.
have been properly prepared in accordan￿ wrfh United lfjngdom Generally Accepted Accounting Practice" and
have been prepared in accordan￿ with the requirements of the Companies Act 21YJ6.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing (UK) (ISAS (UKII and applicable law.
Our responsibiliti'es under those standards are fvrlher described in the Auditors. responsibiltties for the audit of the
financial slalements section of our feport. We are independent of the charitable company in accordance with the ethical
requir8ments that are relevant lo our audit of the financial statements in thè UK. including the FRC'S Ethical Standard.
and we have fulffilled our other ethical responsibilities in attordan￿ V￿th these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriale to provide a basis for our opinion.
Concluslons relating to yolng concern
In 8udiling the finanGial slalements, we have ￿nduded that the trustees. use of the going concem basis of a￿UntIng
in the preparation of the finanGial statements is appropriate.
Based on the work we have perfomied, we have not identified ary material uncertainties relats.ng to events or conditions
that, individually or collectively. may cast significant d￿bl on the charitable companys abilty to continue as a going
concem for a period of at least iwelv8 months from when the financial statements are auihorised for issue.
Our responsibilities and the responsibililies of the trustees with Tespect to going concem are described in the relevant
sections of this report.
Other inforniation
The trustees are responsible for the other information. The other infomialion compnses the infomiation included in the
Annual Report, olher than the financial statements and our Re￿ of Independent Auditors thereon.
Our opinion on the ffinancial statements does not (x)ver the other infomialion and, except to the extent otheTh¥ise
explicttly stated in our rep)rt. we do not express any form of assurance rA)nclusion thereon.
In connection with our audit of the financial ststemenls, our responsibility is lo read the olher information and, in doing
so. consider whether the other information is materially inconsistent with Ihe financial statements or our knowledge
obtsined in the audit or othémise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misststemenls. we are required to detemiine vthether this gives rise to a material misstatement in the
financial statements themsefves. If. based on the work we have pertomed, we condude that there is a material
misstatement of this other infomalion. we are required to report Ihat fact. We have nothing to report in this regard.
Oplnions on other matters pres¢ribed by the Companies Act 2006
In our opinion. based on the work undertaken in the rnurse of the audil..
the infomiation given in the Report of the Trustees for the finanaal year for which the financial statements are
prepared is consistent with Ihe financial statement5", and
the Report of the Truste8s has been prepared in aCcOrda￿e with apFAiGable legal requirements.
Matters on which we are requlred to report ty exceptlon
In the light of the kno￿edge and understanding of the charilable c(xnpany and its environment obtained in the course of
the audit, we have not identified malerial misstatemenls in the Report of the TTUStees.
We have nothing io reporl in respect of the following matters where the Companies Act 2006 requires us to report lo you
in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches nol visited by us., or
the financial stalements are not in agreement wrth the accounting records and relums," or
certain disclosU￿S of truslees, remuneration specified by law are not made" or
we have not reGeived all the infomiation and explanations we require for our audit.
Page 7

rtofth
Con
ndent Audllora to the Members of
nal & General Charitable
ati
Responslbllltle8 of trustse3
As explained more fulty in the Statement of Trustees, Responsibilitres. the trustees (who are also the directors of the
Charitable company for the purposes of company law) are responsible for the p￿paratIOn of the financial statsments and
for being satisfied that they give a truè and fair view. and for such intemal control as the trustees d8lem)ine is necessary
to enable the preparation of financial ststements th31 are free from material misstatsment. whether due to fraud or e￿or.
In preparing the financial statements, the trustees are respon5ble for ass8SSiry the charitable companls ability to
ontinua as a going cOn￿m. disclosing. as applicable. matters related to going concem 8fKI using the going concern
basis of accounting unless the trustees either intend lo liquidate the charitable company or to ￿8$e operations. or have
no realistic altemative but to do so.
Our responsibilities for the audlt of the financlal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material mi5StatemenC whether due to fraud or error, and to Issue a Report of the Inde￿ndent Audrtors that includes
our opinion. Reasonable assurance is a high leve5 of assurance. but is not a guarantee that an audit cOndu￿ed in
acu)rdance wth ISAS {UK) will a￿ayS detect a material misstatement when it exists. Misstatements arise from fraud
or error and are considered material if, indivtdually or in the aggregate, they could reasonably be ex￿cted to influ8nc8
the economic decisions of usets tsken on the basis of these financial statements.
Tha extent lo vlhich our prooedures are ￿pable of dete¢tMig irTegulanti8s. including fraud is dptailed below..
Our work is perfomed to include an assessment of the sU￿p￿"bI1ty of the enlitys finanual statements lo material
misststement, including the risk of fraud. ¢￿Ing to the inherent limitations of an audit, there is an unavoidable risk that
material misstatemenls in the finanual statements may not be detscted. even thou9h the audit is properly planned and
perfomed in accordanc8 With the ISAS (UK).
In identifying and asse55ing risk of material misstatement in reyct of irregularities. including fraud and non-compliance
vthh laws and regulations. our procedures included the followng:
- We plan our work to gain an undarstanding of the significant laws and regulations th* are of signfficance to thè entity
and the sector in which they operate. We perfomi our work to ensure that the entty is complying with its legal and
regulatory frarnèwork.
We obtsined an understanding of how the company is complying those legal and regulatory frameworks by
making inquiries to the management and people charged with govemance.
We assessed the Sus￿p14blIIty of the Ccrfnpatys finan¢ial statements to material misstatemeDL in¢buding how fraud
might occur. Audit procedures performed by the engagement tsam included..
- Substantive procedures perfomied in accordance with the ISAS {UKI.
- Challenging assumptions and judgments made by management in its siwificant accounting estimates.
Identifying and testing joumal entries, in particular material joumal entries and an assessm8nt of year end joumals.
- Assessing the exient of Complian￿ smth the relevant laws and regulations.
A further descnption of our responsibilities for the audit of the financial ststements is located on the Financial Reporting
Council's websrte at ww.frc.org.ukJaudf(orsresponsrbilities. This d8scription fomis part of our Report of the Independent
Auditors.
Us• of our report
Thi5 report is made solely to the charitable company's MeMb￿s, as a bcwjy, in accordancè with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work ha5 been undertaken so that ¥￿ might state to the charitable company's
members those matters we are required to state to them in an auditors. report and for no other purpose. To the fvllest
extent pem)itted by law, we do not aGrEpt or assume responsibility lo anyone other than the charitable company and Ihe
Charitable company's members as a body, for our audit work. for this report or for the opinions have fom18d.
Paul Colcomb FCCA (Senior Statutory Auditor)
For and on behalf ofwright Ifigar Limitsd
Stalutory Auditors
Chartered Accountants & Business Advisers
15 Nawland
Lincoln
Lincolnshire
LN1 1XG
10 Septembèr 2025
Pagè 8

tional & General Charilable
ststement f Flnancial Activtties
for the Year Ended 31 December 2024
2024
Unrestricted
fund
2023
Totsl
funds
Notes
INCOME AND ENDOWMENTS FROM
Investrnent income
533,720
EXPENDITURE ON
Raising funds
14.812
13.369
Charitable activitles
Grant making
Raising funds
1,323,274
779,236
44,927
Ti)tal
1,385,080
837,532
Net gains on investmenls
739,343
1.012,694
NET INCOMEIIEXPENDITURE)
(97.189)
708,882
RECONCILIATION OF FUNDS
Total funds brought foNard
16.705,070
15,996,188
TOTAL FUNDS CARRIED FORWARD
16,607,881
16,705,070
The tyrtes fomi part of these financial stalernenls
Paoe 9

ational & General Charftsble
istered number: 02114948
Trus
Balance Sh
31 Decem
r 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
Investments
17.782.631
17.541,568
CURRENT ASSETS
Debtors
Cash at bank
30,458
221,942
35,117
218,944
252.400
254.061
CREDITORS
Amounts falling due within one year
10
(1.427,150)
{1,090,559)
NET CURRENT ASSETS
{1,174,750)
(836.498)
TOTAL ASSETS LESS CURRENT LIABILITIES
16,607,881
16,705,070
NET ASSETS
16.607,881
16,705.070
FUNDS
Unrestricted funds
11
16.607.881
16.705,070
TOTAL FUNDS
16,607.881
16.705,070
The financial sialements were approved by the Board of Trustees and authorised issue on 2 Septembèr 2025 and
wère signed on ils behalf by..
Reverend P Ward - Trustee
Mrs S M Austin - Trustee
The notes fomi part of these ffinanaal ststements
Patse 10

Con
ational & General Charitable
h Flow Slatefflent
for the Year Ended 31 December 2024
2024
2023
Cash flows from operating activitie8
Cash generated from operaticffjs
{1.043,830)
{686.373)
Nel cash used in operdting a(*ivtbes
(1,043.830)
1686,373)
Cash flows from investlng actlvltles
Purchase of investrnents
Sale of investments
Interest recaived
Dividends received
{1.397.200)
1.895.480
4,828
543,720
(2,C60,462)
2,342.631
2,381
531.339
Net cash provided by inve6ting artivities
1,046,828
815,889
Change in cash and cash equlvalents in
the reportlng perlod
Cash and cash equivalents at the
beginning of the reporting period
2,998
129,516
218.944
89,428
Cash and cash equivalents at the end of
the reporting period
221.942
218.944
The note5 form part of these financial statements
Page11

Con
onal & General Charitable
Notes to th Cash Flow Statement
forthey
ar Ended 31 December 2024
RECONCIUATION OF NET IEXPENDITUREYINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net lexpenditure)Ilncome for the reporting period las per tho
ststement of Flnancial Aclivities)
Adjustments for:
Gain on investments
Interest receiv8d
Dividends received
Decreasel(increase) in debtors
Increase in Greditors
(97.189)
708,882
(139,343) (1,012,694)
{4,828)
(2,381)
(543,720)
(531,339>
4.659
(2.914)
336,591
154,073
Net cash used in operatlons
{1,043,830)
(686,373)
ANALYSIS OF CHANGES IN NET FUNDS
At1.1.24
Cash fiow
At31.12.24
Net cash
Cash at bank
218.944
2.998
221,942
218,944
2,998
221.942
Total
218,944
2.998
221,942
The notes form part of these financial statements
Page 12

ational & General Charitsble
Notes to the Financial Sts
ments
for the Yeor End
31
cember 2024
ACCOUNTING POLICIES
Basls of preparing the financlal statements
The finanrAal statements of the charitable company. which is a public benefit enlity under FRS 102. have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Chariliès.. Staternent
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective 1 January 2019).,
Financial Reporting Standard 102 The Financial Reportin9 Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2CM)6. The financial ststements have been prepared under the historical cost
onvention. with the exception of investments which are indud8d at market value, as modrfied by the revaluation
of certain assets.
Income
All income is recognised in the Statement of Finanaal Activities On￿ the charity has entitlement to the fvnds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
LiabilÈties are recognised as expendilure as soon as there is a legal or constnjciive obligation committing the
charity to that expenditure. it is probable that a Iransfer of economic beneffts wll be required in settlement and
the amount of the obligation tan be measured reliably. Expenditure is accounted for on an accruals basis and
has beèn dassified under headings Ihat aggregat8 all cost related to Ihe cate90ry. Where costs Gannot be
directly attribLrted to particular headings they have been allocated to activities on a basis consistent with the use
of resoUr￿s.
Grants offered suLry"ecl to conditi'ons %vhich have not been mel at the year end date are noted as a cornmitment
but not accrued as expendilure.
Taxatlon
The charity is exernpl from corporation tsx on its charikat4e activities.
Fund accounting
Unfestricted funds can be used in accordan￿ with the chaiitable objectNes at the discretion of the tTUSteès.
Restricted funds can only b8 used for parli¢ular restrthd purposes wrthin the objects of the charity. Restrictions
arise when speciffied by the donor or when funds are raised for particular restticted purposes.
Further explanation of the nature and purpose of eath fund is induded in the notes to the financial statements.
Investments
Inve5tmenls are initially recognised al cost and ￿jUSted to the ojrrent market value at the réporting date.
INVESTMENT INCOME
2024
2023
Investmenl income
Interest receivable
543,720
4,828
531,339
2.381
548.548
533.720
Page 13
continued...

Co
ational & General Charitable
The
s to the Financial Statements - continued
for the Yèar Ended 31 Der*mber 2024
RAISING FUNDS
Inve8tment managemènt costs
2024
2023
AdministratÉve expenses
14.812
13,369
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activbties
(see notè
5)
Support
costs Isee
note 6}
Totals
Grant making
Raising funds
1.305,700
17,574
46,994
1.323,274
46,994
1.305,700
64,568
1,370,268
GRANTS PAYABLE
2024
2023
Grant making
1,305.700
763.100
Page 14
cor)tinued...

tional & General Charitsble
Notsg to the Financial Ststements - continued
for the Year Ended 31 December 2024
GRANTS PAYABLE - continued
Church
Grants Awarded
Grants Awarded in March
South Harris Free Church of Scotland
St Marfs Church Dalton in Furness
St Georges Fatfi8ld
Hope Church Leith
St Annes Bewdley
Bawdtip Parochial Church Bridgewater
Christ Church Broadstairs
All Saints Cantetbury
All Saints Cawthome
Christ Church Nailsea
Galeway Church Poole
All Saints Soulhill
Norristhorpe URC
All Saints Mimon Emest
Woking URC
Wellingborough URC
Grangetovm Baptist
House of Grace
Ne￿ongrange Parish Church
Lapford Congregational
Habour Church Folkstone
12.000
15,1)JO
15.0
20,000
15,000
1,200
4.200
15,000
15,0
15,000
12,000
10.300
5,000
15,000
25.000
25,000
9,600
12.0(H)
20.000
9,600
20.000
290,900
Grants Awarded in June
Castle Archdale Enniskillen
All Saints Okehampton
st Marks PCC of the Ecclesiastical Parish of West Cheltenham
st Mary the Virgin Kenton
Llay Community Church of the Nazarene
St Helens Bideford
St Andrews High Wycombe
St Margaret of Antioch Wellington
Zion URC Northallteron
Grange Methodist Church Grange over Sands
Wymondham Baptist Church
All Saints Hethel
Bradley Methodist Church
St Michaels Church Blundersands Liverpool
Sl Mary Magdalene Church Ruckinge PCC Ashford
St Andrews URC Cheltenham
Hall Green United Community Chur(* BI￿nInghaM
St John the Divine Rastrick Brighouse
Kilmallie & Ardnatnurchan Free Church
St Peters Church Brighton
St Marks Portabello Espiscopal Chuth ScotlaThJ
West Park Harn)gate
Sindair Seamens Presbyterian
10,300
15,000
15,000
1,700
1,000
10.WO
15,O¢X
15,000
25,000
20,000
20,OJO
6.CVJO
20,QOO
15,000
15,000
25,000
2.400
4.400
19.800
15,000
15,000
20,000
20,OtKI
330,300
Grants Awarded in Se
tember
St Ninians Slerfing Scotland
St Margaret of Anlioch Coventy
St Helens Pungar
Sterling Methodist Church
Hope Community Church Leicesler
Dartford Methodist Church
Ashboume Elim Churth
Bethesda Cardiff
Wheatley Methodist Church Bumley
13,900
15.000
1,400
20.000
20.¢￿1
5,000
20.000
20,000
7.500
Page 15
continued...

Con
ational & General Charitable
Notss to the Fln
ncial Statements - c
ntinued
for the Year Ended 31 December 2024
GRANTS PAYABLE - continued
Eslon Christian Family Centre
All Sainls Horsfor(I
St Thomas Greetland Halrfax
st Michael & All Angels Plumstead
Whrttle5ford URC
City Church Dundee
St Stephen Greal Wigborough
All Saints Ewell
Sl Mary the Wirgin Westrnill
St Paul's PCC Kings Cros5 Halrfax
Portscalho Uniled Church Truro
Church of the Cross London
The Redeemed Christban Churth of God the King
St Luke's Maidstone
st Peter and St Paul Yalding
Wreyfield Drive Methodist
St Thomas Old Chadlon
Whixley Parish Church
RCCG Restoration Chapel Newcastle
15.ClOO
9,200
10,500
4,500
25,000
20.1
6.000
2,7(
15,000
15.000
23,000
4,8QO
8,400
15,000
5,ODO
3.000
15,000
5.000
20,000
344,900
Granls Awarded in December
All Saints Church and Hall Marpwl
Christ Churth Ewell
Toton Methodist
The Key to Lrfe Clwrch Driffield
Nairn URC
St James Seacroft Leeds
Sharon Full Gospel Church
St Mary's Stoke by Nayland
Hillside Church Gateshead
North End Baptist Portsmouth
Qaystone Chapel Buckley & Deeside Methodisl
Tabernacl Penrhyndreath
St Sampson South Hill
Holy Trinity Banbury
Rodborough TabemaGle
Church of Sl John the Evangelisl
Holy Trinity HoThvich
Tranent Communty Church Musselburgh
SS Peter & Paul Market Overton
Grace Church Kiddeminster
Chflst Church Kilndown
Pinehurst Community Chuich
Highham Congregational Church Roc*esler
Leyland Baptist
st Mary the Virgin Hook
Sl John the Baptist Sutton at Hone
St Bamabas Kensington
Westborough URC
Hill Cty Pontypool
St Martin's Liskeard
10,500
20,000
8,300
2,700
11,100
s,￿0
2,100
15,000
7,800
20.QOO
20,000
20,000
15,OCpJ
15,OQO
24,300
5,100
15,(XJ)
20,000
6,OlX)
20,000
15,DOO
20,000
12,900
20,000
15,OJO
15,000
15,000
14,5Crf)
20.000
15.000
425,300
Grants lapsed within the year
(85,700}
TOTAL GRANTS AWARDED
1,305.700
Pag8 16
continued...

ational & General Charftable
Tn
Note
to the Flnancial Stateme
- continued
for the Year End
31
cember 2024
SUPPORT COSTS
Governance
costs
Management
Flnance
Totals
Grant making
Raising funds
5,207
46.994
1,652
10,715
17,574
46,994
52.201
1,652
10,715
64,568
TRUSTEES. REMUNERATION AND BENEFITS
There were no truslees. remuneratK)n or other beneffts for Ihe year ended 31 December 2024 nor for Ihe year
ended 31 December 2023.
Trustees, expenses
2024
2023
Trustees, expenses
2,196
1,438
The trustees are unpaKI volunteers and are reimbutséd for the expenses incurred in respect of travel to and from
the quartedy meetings and any administration costs that may be incurred.
Trustee expenses were repaid to 8 TnBtees {2023: 8) during the year.
FIXED ASSET INVESTMENTS
Ligted
Investmonis
MARKET VALUE
At 1 January 2024
Additions
Disposals
Revalualions
17,541,568
1,397,200
(1,895,480)
739,343
At 31 December 2024
17.782,631
NET BOOK VALUE
Al 31 December 2024
17,782.831
At 31 De￿rnber 2023
17.541.568
There were no investment assets outside the UK.
Cost or valuation at 31 December 2024 is represented by:
Listed
Investments
Valuation in 2023
Valuation in 2024
Cost
1,012,693
241,063
16,528.875
17,782,631
Page 17
continued...

Con
ational & General Charltable
Notes to
e Financial Statements - continued
for the Year Endod 31 De￿mber 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepayffl8rrts and acuued income
30,458
35,117
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Grants awarded but unpaid
other creditors
1.419,500
1,084.800
5,759
1.427,150
1,090,559
11.
MOVEMENT IN FUNDS
Net
movement
n funds
At
31.12.24
At1.1.24
Unrestrlctsd funds
General fund
16,705,070
(97,189)
16.607,881
TOTAL FUNDS
16.705,070
(97,189)
16,607,881
Net movement in funds. induded in the al￿Ve are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
In funds
Unrestrlcted funds
General fund
548.548
(1.385,080)
739,343
{97,189)
TOTAL FUNDS
$48,548
(1,385,080)
739,343
(97,189)
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
G@neTal fund
15.996.188
708.882
16,705,070
TOTAL FUNDS
15,996,188
708.882
16.705.070
Comparative net movement in funds, included in the atN)ve are as follows:
Incoming
Resources
resourGes
expènded
Gains and
losses
Movement
in funds
Unrestricted fvnds
General fund
533,720
(837.532)
1,012.694
708,882
TOTAL FUNDS
533,720
(837,532)
1.012.694
708.882
Page 18
continued...

tional & General Charitable
The
Notes to the Fi
ncial Ststsffients - continued
for the Year Ended 31 December 2024
12.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 19