2024-12-31-accounts

Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Restricted Endowment Funds Funds Funds 2024 2024 2024 Note £s £s £s Total 2024 £s Total 2023 £s Recei Donations and plate collections Toursladmission charges Fees and charges Legacies Investment income Grants Other 76,556.02 13,267.91 8,622.68 45,000.00 11,445.75 8,301.00 2,884.80 11,268.45 87,824.47 93,316.70 13,267.91 10,714.10 8.622.68 6,282.00 45,000.00 1,000.00 12,188.77 8.290.10 11,051.00 35,965.33 2,884.80 3,924.75 743.02 2,750.00 Total Recelpts 166,078.16 14,761.47 180,839.63 159,492.98 Pa ments Wages Diocesan costs Administrative costs Church running costs Music Hall running costs Charitable donations Other 32,664.10 12,687.24 10,719.96 35,786.24 5,104.89 4,350.00 5,659.92 2,750.00 35,414.10 30,159.67 12,687.24 12,315.20 10,719.96 9,874.43 35,786.24 48,596.64 5,104.89 3,963.85 15,493.45 17,262.64 5,725.52 6.929.28 11,143.45 65.60 Total Payments 106,972.45 13,958.95 120,931.40 129,101.71 Excessldeficit of Receipts over Payments for the year before transfers 59,105.71 802.52 59,908.23 Transfers Excessldeficit of Receipts over Payments for the year 59,105.71 802.52 59,908.23 Signed on behalf of the Trustees Date

statement of Assets and Liabilities as at 31 December 2024 Unrestricted Restricted Endowment Funds Funds Funds 2024 2024 2024 £s £s Total 2024 Total 2023 £s Cash Funds Current Accounts Total Cash Funds 120,405.12 12,892.44 120,405.12 12,892.44 133,297.56 134,320.03 133,297.56 134,320.03 Investment Assets M&G Unit Trusts NICIFC Unit Trusts RCB Unit Trusts UK Treasury Stock Total Investment Assets (at cost) 23.000.00 19,100.00 56,464.27 350.00 66,000.00 50,835.04 25,970.46 34,960.24 98,564.27 98,564.27 350.00 350.00 131,835.04 131,835.04 60,930.70 15,000.00 38,000.00 111,070.46 142,609.55 291,680.01 230,749.31 Assets retained for the Board's own use Fixtures and fittings (Music Hall) Total assets retained for the Board's own use 84,000.00 84,000.00 62,000.00 84,000.00 84,000.00 62,000.00 Signed on behalf of the Trustees Date O>ToQÉK ￿15

Notes to the financial statements for the year ended 31 December 2024 1. Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. (a) Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted on a cash receipts basi5. {b) Statement of Assets and Liabilities (i) Assets retained for the Cathedral's own use The assets of the Cathedral, retained for its own use comprise:_ Cathedral Building and Churchyard Fixtures and fittings (Music Hall) The Cathedral Building and Churchyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102)- These Heritage assets are not included in the statement of Assets and Liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Cathedral. Only the fixtures and fittings in the Music Hall are considered as assets of the Cathedral Board. The landlord of the building is the Diocesan Properties Committee and is provided rentfree for the sole use of the Cathedral. Fixtures and fittings are recognised on a cost of renewal basis. (il) Investments Fixed asset investments comprising investments in RCB, NICIFC and M&G Unit Trusts are recorded at cost with capital gains or losses reflected in the accounts as and when such assets are redeemed. The market value of investments at 31 December 2024 is estimated at £467 k. 2. Reconciliation of Cash Funds Total Cash Funds at beginning of the year Receipts for the year Payments for the year Investment of funds Total Cash Funds at end of the year £134,320.03 £180,839.63 -£120,931.40 -£60,930.70 £133,297.56

1. Movement of Funds At 01 Jan 2024 £s Incoming Outgoing At 31 Dec Resources Resources Transfers 2024 £s £s Endowment Funds Historical bequests and legacies 107,649.31 44,814.81 -45.50 107,649.31 44,814.81 -45.50 -9,809.07 142,609.55 -9,809.07 142,609.55 Restricted Funds Current Sub Account: Collections for third parties b. Cathedral Schools, Education Prog. Development Sub Account: Donations towards transept window repairs Deanery Sub Account Organ Fund Flower Fund 0.00 11,143.45 -11,143.45 0.00 0.00 2,750. 00 -2,750.00 0.00 3,151.06 78,156.84 743.02 -64.62 35,300.00 10.000.00 -4,000.00 648.42 125.00 -96.82 117,256.32 24,761.47 -18,054.89 3,151.06 78,835.24 41,300.00 676.60 123,962.90 Unrestricted Funds Current Main Account Development Main Account 58,799.73 101,789.95 -101,059.85 9,809.07 81,363.98 9,473.40 -1,771.16 140,163.71 111,263.35 -102,831.01 9,809.07 69,338.90 89,066.22 158,405.12 Total Funds 365,069.34 180,839.63 -120,931.40 0.00 424,977.57 Pur oses of Endowment Fund To provide income for use at the discretion of the Cathedral Board including upkeep of churchyard Pur oses of Restricted Funds Current Sub Account - As stated in table above Development Sub Account- As stated in table above Deanery Sub Account- To provide future accommodation for the Dean of the Cathedral Organ Fund - To make provision for repairs to the Cathedral organ Flower Fund - To provide flowers for display during services of worship

2. Donations and plate collections 2024 2023 £s 62,993.46 23,023.27 7,299.97 93,316.70 Weekly and annual freewill offerings (including Gift Aid) Ordinary and special collections (including Gift Aid) Other gifts and donations (including Gift Aid) 61,713.52 21,786.02 4,324.93 87,824.47

3. Grants 2024 £s 2023 Benefact Trust Ltd. (for use at the discretion of the Cathedral Board) Diocesan Board of Education (Cathedral Schools, Education Programme) Grand Council of Knight Masons Power Nl Energy Bills Support Scheme RCB Church Fabric & Development Fund 8,301.00 9,652.00 2,750.00 2,750.00 1, 152.13
4. 00 21,817.20 35.965.33 11,051.00
5. Administrative costs 2024 £s 5,703.00 4,244.68 772.28 10,719.96 2023 £s 5,413.00 3,766.13 695.30 9,874.43 Administrative assistance Stationary, printing, postage and etc. Bank and audit fees
6. Church running costs 2024 2023 £s 16,297.11 15,096.81 10,391.09 6,811.63 48,596.64 Heat, light, water and sewage services Fabric and equipment maintenance Ground maintenance Insurances 15,219.24 10,140.28 3,240.00 7,186.72 35,786.24

7. Music Hall running costs 2024 2023 £s 2,520.93 1,410.75 32.17 3,963.85 Heat, light, water and sewage services Fabric and equipment maintenance Insurances 1,228.98 3,832.10 43.81 5,104.89

8. Charitable Donations 2024 £s 5,340.45 10,153.00 15,493.45 2023 £s 5,938.54 11,324.10 17,262.64 Diocesan Funds and Bodies Missions and external Funds and Bodies The above amounts have been included in Receipts for the Year under"Donalions" and in Payments under'charitable Donations"

9. Transactions with the Trustees The Board reimbursed £265.35 to one trustee in respect of minor running cost expenses incurred for and behalf of the Board during the year. Apart from the aforementioned no trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.
10. Governance Costs. Governance costs of £360.00 were incurred during the year all of which relates to fees paid to the independent examiner. Governance costs are included within "Administration Costs. in the Receipts and Payments