THE CATHOLIC ASSOCIATION
la Company Limited by Guarantee)
TRUSTEES, ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
3 1st DECEMBER 2024
Registered Charlty Nujnber: 1071120
Reglstered Company Number: 3581414

THE CATHOLIC ASSOCIATION
CONTENTS
Page
Legal and Administrative Information
Trustees, Annual Report
Statement of Financial Activities
Summary Ineome and Expenditure Account
Balance Sheet
Statement of Cash Flows
Notes to the Accounts
9-12
Independent Examiner's Report
13

THE CATHOLIC ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Reglstered eoxnpany number
1071120
Registered charity number
3581414
Reglstered Office:
10 Purbeck Close
Aylesbury
BUCKS
HP219UU
Dlrector8 and Trustees
Rt. Rev. Paul Hendricks
Dr. Rosemary Belderbos
Matthew Betts
Simon Gallop
Anne Hoskins
Anna Ma¢er-Wright
Theresa Mahon
Christopher Page
Rev. Piotr Wygnanski
Bankers:
CAF Bank Ltd
25 Kings Hill Ave
Kings Hill
WEST MALLING
Kent
ME19 4JQ
8olleltors:
Stone King
13 Queens Square
BATH
BAI 2HJ
Aeeountants:
Cocke. Vellacott & Hill
Unit 15 City Business Centre
Lower Road
LONDON
SE16 2XB
stockbrokers:
J.M. Finn & Co.
25, Copthall Avenue
LONDON
EC2R 7

THE CATHOLIC ASSOCIATION
TRUSTEES, ANNUAL REPORT for the year ended 31$t December 2024
The Trustees, who are also the director8 of the charitable company. are pleased to present their report together
with the financial statements of the charity for the year ended 3 1 st December 2024, which comply with current
statutory requirements, the memorandum and articles of association and the °Charities SORP IFRS 1021°.
IEgal and administrative information are set out on page l and form part of this report.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The charitable company must maintain a register of members who are entitled to attend and vote at general
meetings which must be held at least twice a year. New members are approved by the existing trustees and must
sign the register of members or consent in writing to becorne a member. Members are entitled to attend general
meetings. No resolution to appoint trnstees shall be valid unless prior to the passing of the resolution, the
chairman has received the written consent of not less than two-thirds of the Pilgrimage Directors. The charity has
no specific procedures for the induction and training of trustees. but new trustees are given a sumtnary of
activities and duties and are offered training by Stone King. The board of trustees meet frequently basis via
videoconference. The board appoints the management committee and the travel agents, is responsible for strategic
issues, policies for safeguarding, risk, health and safety, investment policy. insurance and approves all charitable
grants and adopts the annual report and accounts. The management committee are responsible for the detailed
arrangements of the pilgrimage that takes place each year in August and meet regularly to settle the detailed
arrangements for the pilgrimage and to review the results of the pilgrimage.
The major risks are..
in the handling of assisted pilgrims by inexperienced helpers. adequate insurance cover is obtained,
training and supervision is provided, and the intention is that the seriously sick pilgrims are only
handled by medically trained volunteers andlor trained and experienced helpers
the proper safeguarding of children, young people and vulnerable adults. the charity's safeguarding
policy has been formulated, a code of conduct issued and full training provided in line with CCSA.
OBJECTIVES AND ACTIVITIES
The charity endeavours to advance the Catholic faith by providing for and assisting poor, sick, disabled and infirni
persons of all ages and in particular'.-
to help any such persons wishing to make a pilgrimage to the Shrine of Our Lady of IA)urdes or to any other
place of religious pilgrimage and
to be financially responsible for the organisation of such a pilgrimage.
The charity recognises that many assisted pilgrims and some helpers need financial assistance with the fare and
invites applications for help. The charity relies almost entirely on volunteers to organise, staff and run all
departments necessary for the successful operation of the annual 7-day pilgrimage to Lourdes in August /
September.
In planning activities for the year the trustees keep in mind the Charity Commission guidance on public benefit
and whether they have complied with their duties under section 4 of the Charities Act 2011.
ACHIEVEMENTS AND PERFORMANCE
The trustees. with key members of the rnanagement committee, organised a very successful medically supported
pilgTimage to Lourdes in 2024. Approximately 450 pilgrims came under the Catholic Association banner. A full
programme of liturgies. processions, talks and other activities was arranged and enjoyed. Those that came
reported that it was week full of grace, both for those present, and for those who followed virtually.
The results show an excess of expenditure over income of £55,902 12023 - £32.8671 from activities and losses of
£3,708 12023 - losses of £1,975) arising from disposals and the revaluation of investments making an overall
deficit of £59,6 10. The portfolio is reviewed regularly in conjunction with the external advisors. Interest received
on deposit balances remains low. The market value of investments is more than their historical cost and this is
reflected in the revaluation reserve shown under The Funds of the Charity on the Balance Sheet.

THE CATHOLIC ASSOCIATION
TRUSTEES, ANNUAL REPORT for the year ended 3 1st December 2023 Icontinuedl
FINANCL4L REVIEW
The trustees have examined the requirement for reserves and consider that its reserves should be maintained at
their present level to allow fmancial assistance to the assisted pilgrims and also to some helpers and nurses. The
Charity is providing increasing financial support to ensure the attendance of key health professionals and others
on the pilgrimage whilst, at the same time individual dioceses are unable to guarantee their ability to finance
them. The trustees undertake to review this policy annually and to take into consideration the changing financial
needs of the pilgrimage and the requirements of the Charity Commission.
Apart from investment income, the charity relies on donations and fundraising efforts by its supporters and on
the levy collected from pilgrims.
Under the memorandum and articles of association. the charity has the power to make any investment that the
trustees see fit. The policy of the charity is to operate at break-even, to plough back any surplus actually made
and to invest this on the stock market. when conditions are deemed right. Instructions to brokers are to
maintain a balance between capital appreciation and dividend income
PLANS FOR FUTURE PERIODS
The Trustees, with the Heads of Service, are planning a fully medically supported pilgrimage to IA)urdes for 2024.
In order to further reinvigorate the pilgrimage again, and to counter the increasing obstacles to pilgrimages (rising
travel and accommodation costs, post Brexit insurance and medical issues, scarcity of charter flight
opportunities, rising concern over environmental issues), the trustees have taken a number of new initiatives,
including improving communications, and committing funds to subsidising a limited number of places for
targeted key groups, namely assisted pilgrims, experienced and youth helpers, nurses and doctors. The trustees
are actively looking to the future, assessing different ways to achieve their charitable objects in a changing world.
TRUSTEES
The trustees who served during the year were..
Rt. Rev. Paul Hendricks
Christopher Page
Matthew Betts
Dr. Rosemary Belderbos
Simon Gallop
Anne Hoskins
Anna Macer-wright
Theresa Mahon
Dr. Sadie Vile
Rev. Piotr Wygnanski
President
Chairman
Iresigned 27 Nov 20241
MANAGEMENT COMMirrEE
The trustees delegate to the management committee, whom they appoint, responsibility for the detailed
arrangements of the annual pilgrimage to Lourdes. The names and responsibilities of the management committee
during the year were as follows: .
Simon Gallop
- Chainnan
Steve Gill
Treasurer
Rev. Simon Blakesley
Pilgrimage Director
Cliona Devereux
Pilgrimage Safeguarding Officer
Rev. Eugene Campbell Diocesan Director Clifton
Rev. Huw Willian]s
Diocesan Director East Anglia
Rev. Edward Perera
Archdiocesan Director Southwark
Dr. Nuala Mellows
Director Stonyhurst Group
Chantal Hobday
Director Glanfleld Group
Dr. Nuala Mellows
Chief Medical Officer
Tina Quinn
Chief Nurse
Brendan Roche
Chief Brancardier
Lina Al-Araj
- Chief Handmaid
Andy Joyce
- Youth Group Leader

THE CATHOLIC ASSOCIATION
TRUSTEES, ANNUAL REPORT for the year ended 31st December 2024 Icontinuedl
TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees are responsible for preparing the Annual Report and the fllyancial statements in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for each financial year that give a true and
fair view of the state of affairs of the charitable company and of its surplus or deficit for that period. In doing so
the trustees are required to:
select suitable accounting policies and apply them consistently.
make judgements and estirnates that are reasonable and prudent" and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the company will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charity and enables them to ensure that the financi21 statements comply
with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
AUDIT EXEMPTION
The company has taken advantage of the exemption under section 477 of the Companies Act 2006 relating to
small companies and these financial statements are therefore unaudited.
By Order of the Board
Chairnian
Christopher Page
2025

THE CATHOLIC ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31st Deceznber 2024
Unrestrleted
Funds
Re8ts1eted
Funds
Tot￿ Funds
2024
Total F￿ndS
2023
Notes
Income from:
Donations and legacies
ChaTitable activities..
Levy on IA)urdes pilgrims
Sales of clothing
Investments
2.398
9,260
11,658
20.655
8.540
8,540
9,915
3,919
962
4,881
6,344
Total
14,857
10,222
25,079
36,914
Expenditure on..
Raising funds
Charitable activities:
Grants to pilgrims
Cost of running the pilgrimage
Governance
900
900
949
8.896
3.219
126
8,896
64,483
6,702
11,646
53,232
3,954
61,264
6,576
Total
68,740
12.241
80,981
69,781
Net gains / Ilossesl on investments
13,7081
13.7081
(1.975)
Net income / lexpendlture)
Transfers between funds
157,5911
12,0191
159,6101
(34,842)
Net movement ltt funds
157.5911
12,0191
159,6101
(34,842)
R¢eoneiliation of funds
Tot￿ funds brought forward
114,906
73,947
188,853
223, 695
Total funds earrled forward
57,315
71,928
129,243
188, 853
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes onpages 9 to 12forni part of thesefjnanciai stateynents

THE CATHOLIC ASSOCIATION
SUMMARY INCOME AND EXPENDITURE ACCOUNT
for the year ended 31 st December 2024
Notes
2024
2023
INCOME
Gross income
25.079
36,914
Gains IIA>ssesl on disposal of investments
based on book values
13,5501
(829)
21,529
36,085
EXPENDITURE
Total expendi￿re
180,9811
(69,781)
NFf INCOME IEXPENDITUREI FOR THE Y&4R
159,4521
{33.696)
All of the operations undertaken by the charitable company during the current and preceding year are continuing
operations.
Based on the historical cost the net loss for the year would be £53,426.
The summary Income and expenditure account 1$ derived from the statement of fmancial activities on page 5
which together with the notes to the accounts on pages 9 to 12 provides lull information on the movements during
the year on all the funds of the charitable company.
The notes onpages 9 to 12forni part of thesefinancial statements

THE CATHOLIC ASSOCIATION
BALANCE SHEFr
as at 31st December 2024
Notes
2024
2023
FIXED AssFrs
Tangible assets..
Vault at Lourdes Cemetery
Investments
1,380
73,775
1.380
113,382
Total Flxed Assets
75,155
114,762
CURRENT ASSFfS
Stock
Debtors
Cash at bank and in hand
Ilel
205
383
55,965
205
531
75.237
Total ellrrent assets
56,553
75.973
LL4BILITIES
Creditors: Amounts falling due
within one year
io
12.4651
(1,882)
Nrr CURRENT ASSETS ILIABILITIESI
54.088
74,091
TOTAL Assyfs LESS CURRENT LL4BILITIES
129.243
188, 853
THE FUNDS OF THE CHARITY
Restricted income funds
12
71,928
47.242
10.073
73,947
94,384
20.522
Unrestricted funds
Revaluation reserve
TOTAL CHARITY FUNDS
129.243
188,853
The directors are of the opinion that the company is entitled to exemption from audit under Section 477 of the
Companies Act 2006 relating to small companies for the year ended 31 st December 2024. The directors confirm
that no member or members have requested an audit in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for..
al ensuring that the company keeps accounting records which comply wtth Section 386 and 387 of the
Companies Act 2006, and
bl preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating
to financial statements, so far as is applicable to the company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies.
The Financial Statements were approved by the Trnstees on
2(*'*T I
2025 and signed on their behalf by..
Christopher Page - Trustee
Registered company number: 358 14 14
The notes onpages 9 to 12fornip(fft of thesefinanclal statements

THE CATHOLIC ASSOCIATION
STATEMEIIT OF CASH FLOWS
For the year ended 3 1st December 2024
2024
2023
Notes
Total income
Total expenditure
25.079
180,9811
36,914
(69.781)
Net income less eKpeLditure before
net gains I losses on investments
Decrease lincreasel in stock
Decrease Ilnereasel In debtOTS
Increase (decrease) in credltors
Tnvestnient Portfolio:
155,9021
(32,867}
148
(24)
583
Fknrehases
Disposals
Decrease lincreasel in cash held as part of portfolio
37,468
11,5691
50,536
413
Increase Ideereasel in cash
119,2721
18,058
The notes OTLpages 9 to 12fomipart of thesefinancial statements

THE CATHOLIC ASSOCIATION
NOTES TO THE ACCOUNTS
for the year ended 31 st December 2024
ACCOUNTING POLICIES
lal Basis of Accounting
The accounts have been prepared under the historical Cost convention, as modified by the inclusion of
r￿ed asset investments at market value and in accordance with the Companies Act 2006 and follow the
recommendations of the Charity Commission in "Charities SORP IFRS 1021°.
In common with many other charitable companies of our size we use our accountants to assist with the
preparation of the financial statements.
Ibl Voluntary income is received by way of donations. gifts and legacies and is included in full when
receivable.
Icl Resources expended are recognised in the period in which they are incurred.
Idl Costs are allocated directly to the applicable category. There are no apportionments of overheads. Support
costs to dioceses represent actual financial contributions to them to promote the pilgrimage in their
dioceses.
lel Stock comprises:_
pilgrimage badges which are valued at the lower of cost and net realisable value
shirts loaned to male brancardiers for use during the pilgrimage which are deemed to have a
useful life of 3 years and written off over that period.
lfj Fixed assets
The vault at Lourdes is shown at the value it was assumed from The Catholic Association Pilgrimage
Trust - no depreciation will be charged on this asset.
Igl Investments held as r￿ed assets are revalued at mid-market value at the balance sheet date and the gain
or loss taken to the Statement of Financial Activities.
Ihl Unrestricted funds are donations and other incoming resources receivable or generated for the objects of
the charity without specified purpose and are available as general funds.
lil Restricted funds are to be used for specific purposes when raised for that particular restricted purpose.
Expenditure, which meets these criteria, is charged to the fund.
(J'l Provision for corporation tax is unnecessary as the company is a registered charity. Gift Aid tax is
recoverable on donations. VAT is not recoverable on the charity's expenditure.
2. LEGAL STATUS OF CHAIUTY
The charity is a company limited by guarantee and has no share capital. The liability of each member is
limited to £1.
INCOME FROM INVESTMENTS
Unrestrlct¢d
Fund
Restrlcted
Funds
Total Funds
2024
Total Funds
2023
Income from UK listed investments
Interest received
3.517
402
3,517
1,364
5,586
758
962
3,919
962
4,881
6,344
4. RAISING FUIqD8
Unrestrleted
Fund$
Restri¢t¢d
Fund¥
Total Fund$
2024
Total Funds
2023
On-line giving charges
Investment management costs
900
900
949
900
900
949

THE CATHOLIC ASSOCIATION
NOTES TO THE ACCOUNTS Icontinuedl
for the year ended 31st December 2024
5. GRANTS TO PILGRIMS
Unrestslcted
Funds
Restrlcted
Funds
Total Funds
2024
Total Funds
2023
Grants to assisted pilgrims and their parents
Grants to helpers
8,896
8,896
11.646
8,896
8,896
11,646
Financial assistance was given to 31 sick children and their carers (28 in 2023).
6. COST OF RUNNING THE PILGRIMAGE
Unrestrlctsd
Fund$
Re$trlcted
Fund$
Total Funds
2024
Total Funds
2023
Subsidies to nurses and helpers
Lourdes levy
Pilgrimage expenses: _
Training costs and conferences
Preparation meeting eosts
Pilgrimage director expenses
Insurance
Prayer books and music
Hire of equipment
Marketing and communications
Badges
Food and general supplies
Drugs and medical expenses
Van hire and coaches
Cost of clothing
Accommodation
General expenses
40.016
3,883
40.016
3.883
28,209
6,248
994
1,700
1,063
475
1,691
254
3,258
518
1,290
183
2,181
1.241
1,103
1.414
994
1.700
1.063
475
1,691
254
3.258
518
1.377
1.683
3.813
1,241
1,103
1,414
1, 155
688
696
1,456
500
4,088
501
3.436
1.151
3.893
178
1,033
87
1,500
1,632
61,264
3.219
64.483
53.232
GOVERNANCE
Unrestrleted
Funds
Restrlcted
Funds
Total Funds
2024
Total F￿ndS
2023
Administration support
Legal support
Accountant's remuneration: _
Independent examiner's fee
Accountancy fee
Safeguarding
Miscellaneous expenses
1,020
3,480
1,020
3,480
1,641
480
1,440
96
60
480
1,440
96
186
480
1,440
213
180
126
6,576
126
6,702
3, 954
None of the trustees received any remuneration and no trustees 12023 - none) were none reimbursed for
committee travel expenses (2023 - £nil).
The charity has no employees, the work of the charity being carried out by volunteers. Work is also carried
out by external organisations and consultants when necessary and approved by the board of trustees.
io

THE CATHOLIC ASSOCIATION
NOTES TO THE ACCOUNTS Icontinuedl
for the year ended 3 1st December 2024
IrivESTMENTS
2024
2023
Quoted investments listed on the UK stock exchange
Market value at 1st January 2024
Additions
Disposals
Gains I ILossesl arising on disposals
Gains/ ILossesl on revaluation
112,953
165,464
137,4681
13,5501
11581
(50,536J
(829)
(1,146J
Market value at 3 1st December 2024
Historical cost 31 st December 2024
71.777
61,704
112,953
92,431
Surplus on revaluation
10,073
20.522
Market V￿Ve
2024
Market Value
2023
Cost
Fixed and variable interest
Equities
Investment Trusts
11.439
30.031
20.234
11,105
30,752
29,920
21,065
54,226
37,662
Total quoted Investments
Cash held as part of investment portfolio
61.704
71,777
1,998
112,953
1,998
429
Total
63,702
73,775
113,382
The following investments exceeded 5 % of the value of the portfolio at the year end..
3, 100 Blackrock Sust American Income Trust ord. Ip share$ with a market value of £6. 169
10,000 SVS Church House Investment grade r￿ed int inc shares with a market value of £1 1,105
1,650 BP ord. US$ 0.25 shares with a market value of£6,485
400 Gl8xoSmithKline ord. 0.3125p shares with a market value of £5,386
1,850 Impax Environmental Markets ord. l Op shares with a market value of £7, 123
2,800 Murray Intemational Trust ord. 25p shares with a market value of £7,2 10
1,000 Henderson Smaller Companies Investment Trust ord. 25p shares with a market value of £8, 120
6,500 Link Fund Solutions Trojan X Inc. shares with a market value of £8,701
3,000 Securities Trust of Scotland red. ord. Ip shares with a market value of £6.930
100 Unilever ord. 3 119 p shares with a market value of £4.548
9. DEBTORS
2024
2023
Sundry debtors
383
531
10. CREDITORS: Amounts falling due
within one year
Other creditors
2024
2023
2,465
1,882
li

THE CATHOLIC ASSOCIATION
NOTES TO THE ACCOUNTS Icontinuedl
for the year ended 31 st December 2024
I I. ANALYSIS OF NET ASS￿8
BETWEEN FUNDS
Restrleted
Income Funds
Unrestrleted
Funds
Total
Charlty Funds
Tangible f]xed assets
Investments
Current assets
Current liabilities
1,380
55,729
2,671
12,4651
1,380
73,775
56,553
12,4651
18,046
53.882
Net assets at 3 1st December 2024
71.928
57,315
129,243
12. MOVEMENT IN RESTRICTED INCOME FUNDS
At 1st January Ineomlng
2024
Resources
Outgolng Transfers At 31st December
Re8ouTces
In/loutl
2024
Glanfield Children's Group Pund
Catholic Association Hospitalité of
Our IAdy of IAJurdes Fund
Nell Atkin Fund
40,426
8,953
111,9941
37,385
15.475
18,046
1,269
12471
16,497
18,046
73,947
10,222
112,2411
71,928
Glanfield Children's Group Fund
This exists to accommodate the special needs of young sick children.
Catholle Assoelation Hospitalité of Our Lady of Lourdes Fund
This provides for the fellowship and spiritual needs of those who go to Lourdes to care for the sick.
Nell Atkin Fund
This arose from donations received from the family of a former helper in her memory to support past helpers
who would be unable to travel to Lourdes without financial assistance and to promote the benefits of Lourdes
to potential new young helpers.
12

THE CATHOLIC ASSOCIATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE CATHOLIC ASSOCIATION
report to the charity trustees on my examination of the accounts of the Company for the year ended 31st
December 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
l.the 2006 Acfl.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under section 145 of the 2011 Act l.the 2011 Act.). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
INDEPENDENT EXAMtNER'S STATEMENT
I have completed my examination. I confirni that no material matters have come to my attention in connection
with the examination giving me cause to believe:
111 accounting records were not kept in respect of the Company as required by section 386 of the
2006 Act" or
121 the accounts do not accord with those records. or
131 the accounts do not Comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a "trne and fairf view which is not a matter
considered as part of an independent examination. or
141 the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021-
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
DAVID WARREN BA FCA
Cocke, Vellacott & Hill
15 City Business Centre
Lower Road
LONDON
SE16 2XB
2025
This page does not form part of the statutory accounts
13