## THE VERBUM DEI COMMUNITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 _(Registered Charity Number 1007825)_ Verbum Dei Centre Nunnery Lane Carisbrooke Isle of Wight PO30 1YR THE VERBUM DEI COMMUNITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 _(Registered Charity Number 1007825)_ ## **Declaration** The income and expenditure account for the financial year 1 January to 31 December 2024, set out on pages 5 to 7, the balance sheet as at 31 December 2024 set out on page 8, and the notes to the accounts set out on page 9 are all as approved by the trustees. Catherine Cruz For and on behalf of the Trustees 22nd October 2025 Page 2 ## THE VERBUM DEI COMMUNITY ## ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ## Annual Report of the Trustees The Verbum Dei Community, “Verbum Dei Centre”, Nunnery Lane, Carisbrooke, Isle of Wight PO30 1YR is registered with the Charity Commissioners (No 1007825) and constituted by Deed of Trust. The Charity is administered by the following Dora Luz Gonzalez Cortez trustees: Maria de la Portilla Costa Catherine M Cavaco Cruz Margarida Londral María Yadira Betsabé Calderón Peralta Sue J Cooper Verbum Dei is an international Catholic Community whose particular aim is prayer and preaching the Word of God. During 2024 we continued our outreach in the three locations where we are based, namely the Isle of Wight, Southampton, and London, as well as leading groups in other towns and areas. We also have a network of lay people committed to prayer and evangelisation working where they live with our support. The emphasis of our work has followed the focus of the previous year. In both London and Southampton, the Missionaries are involved in Chaplaincy work. ## Young people In 2024 as well as the ongoing work with both students and young people in parishes, the community organised two trips away that were particularly fruitful for the young people that took part. One was an Easter pilgrimage to Santiago de Compostela and the other was taking a group of young people to southern Italy volunteering in various projects that help refugees. ## Retreat house On the Isle of Wight, the different retreats for young people and families and opportunities for all for quiet space to deepen in prayer, continued to have a significant impact for all involved. There was also important maintenance work done to the Cottage, (the original Victorian property that houses the dining room and Kitchen in the retreat centre as well as the community accommodation). Although the generosity of a local builder helped reduced the cost of this work, this still implied using some of the building fund. ## Training As in the previous two years, the group of two young women continued with the for initial training (Novitiate) programme based at the Isle of Wight centre. The young women receive a lot from the community environment and are able to support the work of the retreat centre in many practical ways. This training programme is reflected in the accounts as we received some money from our central organisation to support this particular group. This particular group finished their programme in September 2024. The pastoral work of the Community is open to everyone on a totally non-discriminational basis. The financial situation of the Community is considered to be satisfactory and the Trustees can confirm that there have been no serious incidents. Catherine Cruz On behalf of the Trustees 22nd October 2025 Page 3 THE VERBUM DEI COMMUNITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ## _(Registered Charity Number 1007825)_ ## **Independent Examiner’s Report to the Trustees of the Verbum Dei Community** This report is on the accounts of the charity for the year ended 31 December 2024, which are set out on pages 5 to 7. ## **Respective responsibilities of trustees and examiner** The charity’s Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit; consequently, I do not express an audit opinion on the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Ashley Rebello ACCA Independent Examiner Flat 92, 581 North End Road HA9 0UT Date 22[nd] Oct 2025 Page 4 THE vERBU￿￿ DEI COPaMLNtrY &ll41 ￿PL￿dI￿re tsr the ond•l 31 DoLYmbor 1•14 Caernl Pirp•JèJ FuDd 2024 20?3 lllcom I￿￿ti￿rA TIX TLYlaiTricd oll Gift Aidthl t￿natiOnS PA.359 11.580 95,938 80.501 608 81.109 Otkn 48.808 6.837 54.295 6.769 E*1 ￿￿'aS Totsl 151,583 142,173 E￿eld￿￿ Cknit(Jble Lib'ing Co¥tg arLd R4*rtat C￿ts TTth'cI ar￿ Molorillg 47.392 52,96 ?8.725 81.686 73.777 E¥)thdltNre 29.566 4.373 20.020 13 648 3.51)2 28.746 E4UlPn}￿ eXPL￿g£￿ H￿ting. LigbtirL8 and Wat Ruht aDd CouuLiI Tax Printing. StatiOULXy Posttg 18.895 1,879 1.518 3.296 295 1.276 10.175 5.025 71.1( Stibdi*X Suyknlry ItLllng to Vttbum 3.095 6.559 9.811 79.927 Totsl EIwidltDre 153,7IM 152,791 Tr•* ￿r thè l'ear 1112l) (10.6181 ut l Jallllary (Bank twsits) 45.367 55.985 11.837.00 111.8371 16.26l 11.837.3 (11,83T) 11.837 Rtgulatiotj of tk*lor Gift Aid cLaim TysTrskY l (lo} Building FllThd {9.722) Fvlld at 31 49,785 57.IM Page 5 THE IfE RBLIM DEI COllThfLfyiTY lllcollbE & att•unl for tho )'ov 31 2•24 BuJMlng Fll141 2024 2013 2.000 TÈX y(t1ÈLnk￿ Gift Aidcd 10.638 Totsl lllcon 10,638 ￿￿end￿tIre R￿￿'y5 af•d tn8inttll3rtL Totsl Eipelldltllre 21.491 21.491 150 et Eipélldhtsre f•r the Year {19,491) 10,488 at l Junuary 55.643 45.155 Tyl￿[￿ i It4)J P￿ry￿￿4¥ F￿￿1 9.722 Fulld Bt 31 Dotornbor 55,613 Page 6 THE IfERBLTM DEI COl4f•fUNITY all41 att•DDt for Ihé yur 31 2024 SuJD]w' of Fllidg BuildiDg Fund Ill(0￿E Total 84.359 11.580 95.938 2.000 1&359 ii,s ,938 Ttx Ttt1tiiMt￿ ￿rA Gift Aidcd tknnations 2.000 BÈThk ITht{￿¥t 48.808 6.837 151,583 4&8118 &837 153,583 TTaThsfu Vtrbllm Dci oiittycag TDtsI re LiTh'iJhg C(Fsts ar￿ RcLreat Costg Tyavcl niotoring 47,392 26,385 73.777 47,392 26,385 73.777 29,S66 4,373 20.1120 21.491 SI.OS7 4.373 20,0211 1.344 H{*t1￿ Li gbting atbd Watcr Ruht coW￿L[ Tax PrintiJh& stati￿DLYy aThd Pogtagc Fax 3,$02 Bmkk C]kaYg St￿1 Suymty. TyaTr5fr to VLYbllm Dti DVUYtdS 3,095 6.559 9.8LI 79.927 &559 9,8ll 101,4 l8 21.491 Total Eip£id&tsre 21,491 175,I95 lllcq)JD*IIEIylldliDre) f•r the Year 121) {19:4911 1:6ll) Èt l January (Bank Dcpoglt8} 45.367 11.837 {11.8371 16.26l 55.643 ioi,oio 11,837 (11,837) l&16l Rtg￿latiOn of Dcbtor Gift Aid claim TysTrsfu fr(pm I Itoj BuildirLg Fllnd 19,722) 9.722 Fulld B*JxiM &t 31 Dtttrnb 4S,873 gS,6S9 Page 7 THE ITRBUM DEI COMMUliITY Balance sheet IS Xt 31 2024 2024 Nott 2013 No F ixthl Asscts 16.?61 79.398 11.837 101.010 BÈnk ÈThd Cash Dq￿￿5Lts 95.659 111847 49.785 45.874 57.2( 55.643 B￿lIding Fwknl 95.659 111847 Page 8 ## **THE VERBUM DEI COMMUNITY** ## **Accounts for the year ended 31 December 2024** **Notes to the accounts** ## **1. Fixed Assets** For the use of the Charity and belonging to the General Purposes Fund are buildings at the Verbum Dei Centre, Carisbrooke, Isle of Wight, as well as several cars and furniture & fittings. All fixed assets are recorded in the accounts at a net book value of zero. ## **2. Debtor** The amount receivable at 31 December represents income tax recoverable from the Inland Revenue on gift aided donations. The entire amount is receivable within one year. Page 9