Charity registratlon number 1070369 (England and Walesl
ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Sister Shelagh Banks
Sister Frances Cannon
Sister Rosemary Doheny
Sister Susan Thompson
Charlty registration
1070369
Principal office
Camielite Monastery
Quidenham
Norwch
Norfolk
NR16 2PH
Independent examiner
Steven Bajor FMAAT AATQB Bsc
Colin Richardson Accountants Limited
Watedoo House
17 Watertoo Road
Norwch
Norfolk
NR3 1EH
Solicitors
Robert Meakin
Keystone Law
48 Chancery Lane
London
VVC2A 1JF

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
CONTENTS
Page
Report
Independent examiners report
Statement of financial activities
Balance sheet
Notes to the financial statements
&10

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set oul in note 1 to
the financial statements and comply with the Charity's governing document, the Charities Act 2011. FRS 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP
"Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102)".
Objectives and activities
The Association of British Cannels Charitable Trust was established on 7, May 1998 by the President and
Council of the Association of Carmels of Great Britain, who were at that time Susan Mccormack of Notting
Hill Carmel. Carole Henderson of Ware Camiel. Mary Elizabeth Corrigan of Kirkintilloch Carmel, and
Philomena Sargeant of Wood Hall Carmel.
The original objects of the Trust were ststed as-.
1) The relief of need among members of the Carmelile Communities in Great Britain and elsewhere
and among other persons who may in any way be associated with such Communities by the
provision of residential care for those of the beneficiaries who are in need of such care but who do
not have the means to provide it for themselves.
2) The advancement of the Roman Catholic religion in particular by means ofthe formation and training
of students for the priesthood in the Camielite Order.
Since its inception the Trust has supported the British Carmels in providing care for infirm sisters. It has also
given a donation each year to the Central Fund of the Camelite Order. to help with the training of Carmelite
friars for the priesthood, especially in poor countries.
The Trust has relied on donations for its funds. mainly from the member ca￿els, and over recent years its
resources have diminished. In order to support the needs of Infi￿ sisters the Trustees have therefore drawn
on the funds of the Association of Carmels of Great Britain, which can benefit from more substantial
donations, for instance if a monastery closes. The Trust has continued to give an annual donation to the
Central Fund of the Order. bul not as much as in the past.
One of the duties of the Trustees is to visil Dysart Carmel in Scol8nd at least once every three years. The
community there run an infirmary unit and they have provided excellent care for sisters from many other
Carmels in the Association since the unit was sel up in 1983. In 2012 a new Camiel was established al
Maryton Grange in Liverpool with an infirmary wing in which care is provided for eight sisters. Marylon has
also received infirm sisters from other Carmels, and here too Ihe standard of care provided is of a very high
order. Both these Carmels employ lay staff to help wlh the infimiary work.
Other CanTrels care for their own members at home as far as they can. and the Trust or the Association have
helped with donations for infimary needs. The Association is currently paying care home fees for￿0 sisters.
Since the Association has an increasingly elderly and infirm membership, the decision was taken early in
2025 to commit more funds to the Charitable Trust so as to enable the Trustees to meet the needs in this
area more effectively.
In March 2025 the Trustees requested pemiission from the Charities Commission to clarify and extend the
objects of the Trust. In response the Commission proposed a ￿rther amendment, which the Trustees
accepted in a resolution dated 13th September 2025. As a result the objects of the Trusl are now..
1) the relief of need among members of the communities of Camelite nuns in Great Britain and
elsewhere in particular but not exclusively infim members and among other persons who may in
any way be associated with such communities by the provision of financial support or
accommodation or other assistance but who do not have the means to provide it for themselves.
21 the advancement ofthe Roman Catholic religion in particular by means ofthe fomiation and training
of nuns and students for the priesthood in Ihe Carmelite Order.

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
REPORT
FOR THE YEAR ENDED 91 MARCH 2025
Th9se revlsed object5 &ryv8 the TnJ*ees the flexibl8 oplons they nwl to provide support for infinn slste
and to ￿tsr for needs as they artse.
Th8 new objects also re(xJgniz8 th8 importance of the fomation and tralnlng of nuns as well as prfests. The
requirement of good fomallon has been empha5ized repeatedly in r8cent documents oflhe Roman Catholic
Church, and many meetings and ¢JwrE8S are organiz8d to this end.
Publlc benefft
The Trust8es have (x)mplled th the duty in seclon of lh8 Charfues A(* of 201110 have duo regard to Ihe
gu5dance on publlc bgnefft pubSshed by the Chaiity Commlssion.
By provlding funds to help sick and elderfy mamb6rs, the TTUSt not only r81ieves the need of lrfmi slster8
who have no resources of th&lr own. but also reduc8s the communits'es, dependenc8 on publlc funding.
The TTUSt is atso commltted to the advancement of religion. parf£cularfy by supporung the education of
CaTmelite frtars and nuns. Thè Camellte Ord8r is recx)gnlzed as makiThJ a v￿uable contribution to th8
WOTldw]de Catholic Church thmuth its witness and aposts)18te.
Finan¢lal revlow
In the y82r 202425 the Trust received £1,900 in donatlons from oth8r Carmets, £307 frDm a regular
benefaclor, and a donallon of £400,IJ)O lust before th8 year 8nd from another Charitable Trust Thls was
given to 6nable the Charity to implement tts plan lo increa5e1ts 8CtfvIty, particulady In the area of supportlng
inflmi slsteTS. Total income for the year was £402,207. Expendllure consisted of a grant of £3,000 to the
Central Fund of the Order. for the edwation offri8r8 In pwr COLmtries, and £260 (accru￿) for ac¢ountanGy.
Resernes policy
In re￿nt years the Charity h85 Maintain￿ reserves of approximately £20,000, SD as lo be ready to meèt
needs ofup to that aTnounL However, the s>Jbstantial donauon received in March 2025 s￿11 enable the Chartty
to In￿a$£ Its activity. The Trustees anticipate that by 311t March 2026 both income and expendlture will
have increased, and a new level for ￿69)y•S will havo been esiablished.
Strudur&. gcv8rnanca and n￿￿89￿mOnt
Th8 Tntslees are the President and Counc41 of the Associafjon of Camiels of Great Brftain. Electrons are held
every three years at the Association's General A5S8mb*. Stnce the lesl As58mbly, whith took plao In
September 2024, Ihe Trustses have been Sisler Shelagh Banks of Quidenham Cannef, Sister Frances
Cannon of Dysart Camiel, Slstsr Ros8Tnary Doheny of Maryton Camel (reptaung Sister Margaret Prickett
of Ware Ca￿81}, and Slsiw Susan Thompson of Nottlng Hill Camel. Sister Jane Edmunds of
Wolverhampton Carrnel was appolnted as Treasurer In Septsmber 2024 {Tepladng Slst&r Sally Rollo of
Dysart Camel).
None of the Trustses has any b￿e￿tial Interest In the Ctkqrfty.
The Trustees meet al18asÉ Iwice 8 year and discuss matters pertaining to the Trust., they also correspond
regularly through the year by email. They have aGcess to profe5SiCtnal adwc8 when necessary.
The report has been approved by the Board of Trustses and signwj on thdr behalf by..
Slster Sheiagh Banks
Trustee

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
I report to the Trustees on my examination of the financial ststements of Association of British Camels Charitable
Trust (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the
Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission
under section 145{5llb) of the CharitiesAct 2011.
Independent examlner's statement
Since the charty's gross income exceeded £250,000, the independent examiner must be a member of a body listed
in Section 145 of the Charities Act 2011. 1 confimi that l am qualified to undertake the examination because l am a
member of the Institute of Certified Praclising Accountants, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has p￿pared the financial statements in accordance wilh the
relevant version of the Statement of Recommended Practice applicable to charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) in preference to the Accounting and Reporting by Charities. Statement of Recommended Practice issued on 1
April 2005 which is referred to in the extant regLFlations but has now been withdrawn. l understand that this has
been done in order for the financial statements to provide a true and fair view in accordance with UK Generally
Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect.
accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
the financial statements do not accord with those records.. or
the financial statements do not comply with the applicable requirements concerning the fom and content of
financial statements set out in the Chanties (Accounts and Reports) Regulations 2008 other than any
requirement that the financial statements give a true and fair view. which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection ￿￿th the examination to which attention
should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached.
Steven Bajor FMAAT AATQB Bsc
Colln Richardson Accountants Limited
Waterloo House
17 Waterloo Road
Norwich
Norfolk
NR31EH
Date..

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Unrestricted
funds
2024
Notes
Income from:
Donations and legacies
402,207
2,177
Total income
402,207
2,177
Expenditure on:
Charitable activities
3.000
3,300
Total expendlture
3.000
3,300
Net incomel(expenditure) and movement in funds
399,207
(1.123)
Reconciliation of funds:
Fund balan￿S at 1 April 2024
19,145
20,288
Fund balances at 31 March 2025
418,352
19,145
The statement of financial activits'es includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
BALANCE SHEET
ASAT31 MARCH 2025
2026
2024
Notes
Current assets
Cash at bank and In hand
418,352
19,145
CredltorJ: amounts falllng due w1th1n
one year
10
(360)
Nat current assets
417,992
19,145
Tho funds of tho charlty
Unrestrided funds
11
417,992
19,145
417.992
19,145
The ffinandal statements ￿re approved by the Trustees M ..
Sister Shola
Trustee
Banks

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policles
Charity information
The Association of British Carmels Charitable Trust is a registered charity in England and Wales. Its
registered number is 1070369.
1.1 Basis of preparation
The financial statements have been prepared in accordance wtth the charity's governing document, the
Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland"
and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice
appliCab￿e to charities preparing their accounts in accordance wilh the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" The is a Public Benefit Entity as defined by FRS 102.
The financial ststements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved followng the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling. which is the ftjnctional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements. the Trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable ftjture. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial ststements.
1.3 Charltable funds
The unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
At present there are no restricted or endowment fijnds.
1.4 Income
Income is recognised when the charity is legally entttled to it after any performance conditions have been mel,
the amounts can be measured reliably. and il is probable that income will be received
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othetwise if the charity has been notified of an impending distribution,
-the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asset.

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
(Contlnued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits wll be required in settlement, and the amount of
the obligation can be measured reliably.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-temi liquid
investments with original malurities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction. where the transaction is
measured at the present value of the fLrture receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction pri￿ unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently rArried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin￿ course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.7 Employees
The charity has no employees.
Critical accounting estlmates and judgements
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects ￿lY that
period, or in the period of the revision and fLrture periods where the revision affects both current and future
periods.

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacles
Unrestricted
funds
2026
Unrestrlcted
funds
2024
Donations and gifts
402.207
2,177
Expendtture on ¢harltable activities
2025
2024
Dlrect costs
Central Fund of the Order
3,000
3,300
Analysis by fund
Unrestricted funds
3,000
3,300
Support costs allocated to activities
2025
2024
Governance costs
360
Analysed between..
Fundraising
360
360
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl{crediting}'.
Fees payable for the independent examination of the charity's financial
statements
360
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Total
The charity has no employees
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Creditors: amounts falling due within one year
2025
2024
Accruals and deferred income
360
11 Unrestricted funds
The unrestricted fvnds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These may include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2025
General funds
19.145
402.207
(3,360}
417.992
Previous year:
At 1 Aprll
2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
20,268
2,177
(3,300)
19,145
12 Related party transactions
There were no disclosable related paty transactions during the year {2024 - none).

ASSOCIATION OF BRITISH CARMELS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Cash generated froml(absorbed by) operations
2025
2024
Surplusl{deficit) for the year
399,207
(1.123)
Movements In working capital:
Increase in creditors
360
Cash generated froml(absorbed by) operations
399,567
(1,123)
14 Analysis of changes in net funds
The charity had no material debt during the year.
10-