Charity registration number 1073795 (England and Wales)
MISSIONARIES OF CHAIUTY OF MOTHER TERESA OF CALCUTTA
TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Sr M Irnelda
Sr Ancilla Marie
Sr H Ines
Sr M lonella
(Appointed 7 October 2024}
Charity number
1073795
Prinelpal address
177 Bravington Road
London
W9 3AR
Auditor
Richard Place Dobson Services Limited
Ground Floor
1- 7 Sraiion Road
Crnwlcy
West Susscx
RJIIO IHT

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
CONTENTS
Page
Trustees, report
Statement of trustees, r¢sponsibiliti¢s
Independenl auditovs report
Statement of financial a¢tiVilies
10- 11
Balanc¢ sheet
L2
Statement of cash flows
13
Notes to the financial statcments
14-22

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The t￿SteeS prcsent thcir annual rcport and financial statements for the year ended 31 December 2024.
The financial ststements have becn PTtsparcd in accordance with the accounting policies set out in note I to the financial
statements and comply with the chariry's avsl deed, che Charities Act 201 l and "Accounting and Reporting by Charities..
Statcmcnt of Recomrnendcd Practice applicable to ¢harili&s preparing their accounts in accordance with the Financial
Reporting Standard applicdble in the UK and Republic of Ireland (FRS 102)" (effective l January 2019).
Objettives and a¢tivities
The main objects of the charity are:
l. The rclief of poverty.
2. Wh¢re applicable. the advancement of religion.
3. The advancement of education.
4. The r¢licf of the old and sick.
5. General cEwitable work wherever such work is needed througbout the worLd.
The Charity undertakes various activities lo a¢hievc its main objectives:
- The relief of povety ihrough soup kitchens. hostels lor bomel¢ss men and women. night soup runs, groGcries
provided for farnilies every week. distribution of clothing and toil¢tries.
- Where applicable. the advancement of religion through cate¢heti¢al progranunes for children and adults.
The relief of the old and the sick through visits at home and to hospitals.
- General ¢haritable work such as summer schemes for cbildren and youth clubs and visits to families.
Public benefit
We have referred to the guideliti￿ in the Chariry Commission's general guidance on Public Benefit when
reviewing our aims and objectives and ID planning our future activities. In particular, the ¢n￿tee$ consider how
planned aciivities will conlribute to the airns and objectives they have set.
page I

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and performance
The S?steTS ar¢ increasingly working with refugees.
In addition, monies have been scnt either via the Europcan main office in Rome or via India to support overse&s
projects in Asia. Afrtca, South America and Easicm Europe. This money is used
- medical dispensaries. mobTle clinics and leprosariums"
- homes for th¢ dying, orphanages, homes and hostels for the homeless. feeding centres and soup kitcE]ens;
- slum schools, typing and sewing classes.
The ¢harity does not undertake any fimdraistng activities.
To better explain the activities of the Charity, her¢with are the statistics of our activities for 2024..
- dry rations distributed to families and individuats in need (12 brdn¢h houses): 1,036 rations
- meals served in the soup kitchen (7 branch hous&s): 46.693 meals
Irtalslsnacks served on the street or at the door. 293 meals
Hosiels for homeless men/wom¢n (5 branch houses)
p¢rsons admitted during Ilie y¢ar- i24 peTsons
persons discharged during the year-. 31 O persons
persons at present staying with us.. 57 persons
The Sisiers organised a nutnber of outings for families, children. the elderly and the homeless, and also carri¢d
out many social visits during the year..
family visiting.. 673 persons
shut-ins visiting.. 607 persons
23 nursing homes: 230 persons
19 hospitals: 157 patients
2 Prison- 370 Person
streetslpark visiting: 1,129 persons
mon¢tsry relief given.. 188 persons
ec
ents
Baptlsm: 6 persons
Confession.. 326 persons
First Holy Communion". 58 persotis
Confimalion: 2 persons
First Confession.. 47 persons
ArLoinling of the sick: 18 person
The Sisters ran a numbcr of Catechism eentr¢s throughout the year. 7 of those were for the Cat¢cliisc5 of the
Good Shephcrd attended by 83 children, 12 Sunday schools for children attended by 167 Children, 3 Public
schools attended by 179 children and 3 Summer camps were attended by 131 children. Also 9 Caiechisrn for
adults were attended by 108 persons and 21 group pilgrimages were attended by 694 persons.
The Sisters continue tbeir work for children and adults by".
3 prayer group for 19 persons.
- 27 retreat group for 545 peT50ns"
- 6 adoration groups for 35 persons-
- 5 groups of Holy Mass for 47 persons"
- Holy Communion taken to the Sick and Hou5¢bound for 45 persons
- Consecration of the sacred heart for 3 persons.
- Consecration to the Inunaculate HeartlDivine Mercy for 31 persorLS'
- Pilgrim StaMe of Our Lady brought to familA¢S at]d House Blessings for 369 families;
- Lay Missionaries of Charily and I Thirst Movement: 2 groups for 17 persons
pagc 2

MISSIONAIUES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Bravin
on:
Thc community hLS a hostel for up to 8 homeless women who have no recourse to public funds. They provide
breakfast and dinner for the residents as well as care for their irnrncdixte needs free of charge. The womcn
gather for prayer, house mcctings and activities (such as outings). The Sisters also Nn a soup kitchen for the
poor three times a week with an opportunity for prayer, Holy Mass, Confession and a homecooked dinner. They
are also takcn on a pilgrimage lo Aylesford yearly and an outing to th¢ scaside. The communiry also doe5 family
visiting. visits the elderly in care horn¢s and bring Holy Communion to Ihe sickthousebound. When on the
streets the Sisters prdy With those who are homeless or who ask for our Prayers as well as provide immediate
help such as food. themials etc.
Swansea..
The coinmuniry has a hostel for up lo 10 homeless men. Th¢ men are helped lo sort out their pap¢rwork 50 that
they can morc easily transition to a more permanent accommodation. The Sisters provide two meals a day as
well as provide for tbeir immediate needs. The comtnunity also runs a soup kitchen for the poor. they also teach
Catechism for the children in two Parishes (about 32 children). The ¢ommuDity also has Adult Calechisni
Prayer Group, and lake tlie Pilgrim Siarue of Our Lady to the families. They also provide food for the people
who come at the door. The soup kitchen is also a venue for ihe AA program for those trylDg to overcome their
addictions.
Newcastle:
The community has a soup kitchen open once a week for the poor providing a home Cooked meal (around 25-30
persons} and whatever (oiletries they may need. They have C8techism programmes (weekly class¢s/retreat days
with confessions. Good Shepherd Catechesis) and a Iwo-week summer camp (about 45 ¢hildren) for children
who cannot afford ¢0 go to other prowarnmes over the summer. The They go family visiting and visit the elderly
and Ihe housebound and nursing homes. They also lake Holy Communion to the housebound. Part of their
Apostolate is taking the Pilgrim Virgin Mary stawe into the homes and praying with them. They host 2 ycarly
processions for our poor.
Financi41 review
The Statement of Financiic l Activitie5 on page 10 shows net expenditrjre of £719.841 (2023.. net income of
£1,088,849). A150 shoMI on page I I the UK ¢harity has been able lo contribute £1,000,000 (2023 - £406.571)
to the worldwide a¢iivities of the Missionaries of Charity.
The Coi)stitulions of the Order state 'we Thill depend on donations in cash or in kind, and 'we will not worry
about tomorrow, but live the present moment intensely with complete tn￿r in God,. H¢n¢¢. free reserves in
excess of immediate needs are lorwarded lo Rome oa 8 six monthly basis.
The fvtyr¢ plans for the cbority involve earyying on the good work they are doing in th¢ cornmunities that they cU￿entlY
serve.
page 3

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structur4 governance and manaoement
The charity is controlled by its governing document. a dttd of tr￿t and constitutes an unincorporated charity.
The trustees who scrved during the year 8nd up to th¢ date of Sibn)ature of the financial statements w¢rc.-
Sr M Imelda
Sr Ancilla Marie
Sr M Mariant
Sr H Ines
Sr M lonella
(Resigned 7 Octobcr 2024)
(Appointed 7 October 2024)
The appointments are to be confirnied at the ¢harity'S Annual General Meeting. Changes in appointrnents may
take place either al a meeting of which minutes are taken or by the R¢gional Superior signing a forn] of
appointment.
Risk management
The TN$￿eS have examined the Major strategic, business and operational risks which the charity faces. A full
risk register has b¢en produced and is being reviewed annually to ensure systems are in place to mitigate the
risks identified.
A major risk identified was the saf¢ry and security of the sisters in their work environment, this has been
mitigated by means of catrying out fvll assessments of beneficiaries before being accept¢d into hostels. The
charity also complies with Health and Safcty Regulations and has local council checks CWTied out under its
Houses in Multipl¢ Occupation Licence.
The charity's accounting and recording procedurcs are dictated by its Mother House in Calcutta. A Bursar
within each House is noiiiiiiated and she is r¢spon5iblc for the day to day running of the ¢hariry together wilh
the House Superior.
On l May 2000 the ckwity look over the assets and liabilities of the Charity 'Missionaries of Charity,.
regislralioo number 262578 which has since been ￿MoVed from the Charity Commission register.
This charity is now more commonly known as the 'Misstonaries of Chariw.
The ¢FLarity has taken on the responsibiliry for all operations of another chariry. 'Co-workers of Moiher Tere5a'.
This charity was set up under a ¢on5tituiion dated 22 June 1999 but was removed from the Charity Commission
register in 2000, when it came under the management of this charity. All bjnds collected by them are sent direct
lo the UK head office in Bravington Road and are accounted for by this charity and are subject to the Same
financial control.
The tru5tees' report was approved by the Board of Truslecs.
Sr M Imelda
Trustee
pag¢ 4

MISSIONAIUES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
STATEMENT OF TRUSTEES, RESPONSIBILrrIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Thc In]stees are responsible for preparing the Trustee5' Report and the financial statements in accordance with applicable law
and Unitcd Kingdom Accounting Standards (United Kingdom Generally Accept¢d Accounting Practice).
The law applicable to chai'ilies in England and Wales requires the trustees to prepare financial statements for each fin&ncial year
which give a trne and fair view of the state of affairs of ihe charity and of the iThcorning resource5 and application of rcsources
of the charity for that year.
In preparing these firjancial statements. the tNstees are required to:
select suitable accounting policies and then apply them consi5tcntly-
- observe the methods and principles in the ch￿7t]eS SORP.
- make judgements and estimates that ore reasonabl¢ and prudent;
stare wheth¢r appli¢able accounting StsDdards have been follow¢d, subject to any material departur¢s disclosed and explained
in the financial statements. and
prepare the financial statcments on the going concern basis unless it is inappropriate to presume that thc charity will continue
in operation.
The tsuslees are responsible for keeping suffi¢i¢nl accounting records thar disclos¢ with reasonable 8¢curacy at any time the
financial position of the charity and enable them to ensurc tha¢ the financial statements comply with the Charities Act 2011, the
Charity (A¢¢ounls and Reports) Regulations 2008 and the provistons of the fTUSt d¢¢d. They are also responsible for
safeguarding the ￿setS of tbe charity and hence for tthing reasonable steps for the prevention and detection of fraud and other
irregularities.
pagc 5

MISSIONARIES OF CHARITY OF MOTIIER TERESA OF CALCUTTA
TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF MISSIONARtES OF CHARrrY OF MOTHER TERESA OF
CALCUTTA TRUST
Opinion
W¢ have audited the financial ststemcnts of Missionaries of Charity of Mother Teresa of Calcutta Tn￿¢ (th¢ '¢harity'} for the
year endcd 31 D¢¢¢mb¢r 2024 which compTtse the stsiemerit of financial activtties. the balance sheet, the statement of cash
flows and notes to the financial ststements. including significant accountTng policies. The financial reporting framework that
has been applied in their preparation is applicablc law and United Kingdom Accounting Standards, iDcluding Financial
Reporting Standard 102 The Financial Reporting Siandard applicable in Ihe UK and Republic of Irelaiid (United Kingdom
Generally Accepted Accoiinting Pra¢ti¢e)-
In our opinion, the financial statements:
give a tnjc and fair view of the state of the charity's affairs as at 31 December 2024 and of its incoming resources and
applicaliotl of resources, for th¢ year then endcd.
have been properly prepared in a¢¢ordance with United Kingdom Generally Accepted Accounting Prn¢tice' and
ave been prepared in a¢¢ordance with the Charities Act 2011.
Basis for OPiDion
We conducied our audit in accordance with International Standards on Auditing (UK) OSAS (UK)) and applicablc law. Our
responsibilities under those standards are furthcr described in the Auditor's responsibilities for rhe audii of rhe financial
sruiements section of our report. We are independent of the charity in accordance wTth the ethical requirements that are relevant
to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have ￿lfilled our other ethical
responsibilities in accordance with these requiremenrs. We believe that the audit evidence we have obtained is sufficient and
appropriate to provtde a basis for our opinion.
Conclusions relating to Eoing concern
In auditing the financial statements, w¢ have concluded that the trusc¢¢$' we of thc going ¢on¢ern basis of accounting in the
preparation of the financicl1513t￿ncnts is appropriate.
Based on the work we have perfonned. we have not identified any material vncertainti¢s relating to events or conditions that,
individually or ¢ollectively, may ¢asl significant doubt on the charity's ability lo ¢ontinu¢ as a going concern for a period of at
least twelve months from when the ftnancial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect 10 going Concern ar¢ described in the relevant se¢tions
of this report.
Other infonllation
The other infurmation comprises the inforniation included in the annual report otber than th¢ financial statements and our
auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion
on the financial ststemenis does not cover the other information and we do not expr¢ss any forni of a5suran¢¢ conclusion
thereon. Our r¢sponsibilily is to read the other infomiation and, in doing 50. consider whetheT the other infonnation is
materially inconsistent with the financial statemenls or our knowledge obtsined in the course of the audiL or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to
detemiine whether this gives rise to a material mis5talement tl)c financial statements themselv￿. If, based on the work we
have peTfom¢d, we conclude that there is a material misstatement of this other illlomiation, we aTe required to report that fact.
We have xothing to report in this regard.
Matters on which we are required to report by exteptlon
We have nothing to r¢port in respect of the following matt¢rs in relation to which thc Charities (Accounts and Reports)
R¢gulalioDS 2008 r¢quires us to report to you if. in our opinion:
the infornyation given in the financial statements is ineonsistent in any material ￿SPect with tbe trustees, report. or
sufftcient accountin￿ records have not been kept" or
Ihe financial statemcnts are not in agreement with the accounting records" or
we have not received all the infonnation and explanations we require for our audiL
page 6

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MISSIONAIUES OF CHARITY OF MOTHER TERESA OF
CALCUTTA TRUST
Responsibilities of trustee5
As explained more ￿llY in thc stat¢ment of nustees, rcsponsibilities, the trustees are T¢sponsible for the pr¢paTation of the
financial statements and for being satisfied that they give a tru¢ and fair vtew. and for such internal control as thc I￿Ste¢S
dctcrmine is necessary to enable thc preparation of financial statements that are frce from malcrial misstatement, whether due lo
fraud or error. In preparing the financial statements. the trnstees arc responsible for assessing the chariry's ability to continue as
a going concern, disclosing. as applicable. raat(eTh related to 80ing concern and using the g02ng concern basis of accounting
unless the fnistees either intend to cease operations. or have no realisiic alt¢mativ¢ but to do so.
Auditor's r¢sponsibiiitictr* for the audit of the finantial statement5
Wc have been appointed as audttor under sectRon 144 of ihe Charities A¢1 2011 and rcport in accordance with the Act and
relevant r¢gulalions made or having effect thcrcunder.
Our objectives are to obtain reasonable assurance aboui whether the fman¢i81 statements as a whole are free from material
misstaternent, whether due to fraud or ￿TOr. and co issue an auditor's report that includes our opinion. Reasonable assuranc¢ is a
high level of assurance but 15 not a guarantee thai an audit ¢ondu¢ted in a¢cordan¢e witb ISAS (UK) will always detect a
material mis5talement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or
in the aggregate. they could reasonably be expected to influence the econom£¢ decisions of users tsken on the basis of these
finan¢ial siatements.
Irregularities, including fraud, are instances of non-compliance with laws and Tegulations. The objectives of our audit are to
obtain sufficient appropriate audit evidence regarding Compliance with laws and regulations That hav¢ a direct effect on the
dctemiination of material amounts and di5closur¢s in the financial statem¢nts. to perforn) audit procedures to help idcntify
instances of non-compliance with other laws and regulations that may have a material effect on the financial slatements, and to
respond appropriately to identified or suspeet¢d non-compliance with laws and regulations identified during Ihe audit.
In relation to fraud, Ihe objectives of our audit are to identify and assess the risk of material misstatement of the financial
statements due lo fraud, to obrain sufficient appropriate audit eviden¢e regarding the assessed risks of material misstatements
due to fraud through designing and implementing appropriate responses and to respond appropria*ly to fraud or su5PeCted
fraud identified during the audit.
However il is the primary responsibility of ttWAagemeni, with the oversight of those ¢har8ed with governanc¢. to ensure that the
entity's operations are conducted in accordance with (he provisioLs of laws and regulations and for the prevention and detection
of fraud.
In identifying and assessing the risks of ma*rial misstatement in respect of irregularities. including fraud, th¢ audit engagement
team made eJ]quiries of management, and those charged with governance, regarding the prOcedu￿S relating to identifying,
eva]uating and complying with.
laws and r¢gulations and whether they were aware of any instances of non-compliance.
2. detecting and responding to th¢ risks of fraud and whether they have knowledge of any actual, suspected or alleged
the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
As a result of these procedures we consider the most significant laws and regulations that have a direct impact on the financial
statements are FRS 102, Charitics Act 2011 and the Charities Statement of Rcrommended Practice. W¢ perfornied audit
procedures to detect non-compliance. which may have a Tnat¢rial impact on the financial statements. These included reviewing
financial statement disclosures and evaluating advice received from external adviso￿. Thcre were no significant laws and
regulations we deemed as havtng an indire¢t impact on the fmancial statements.
page 7

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MISSIONARIES OF CHAIUTY OF MOTHER TERESA OF
CALCUTTA TRUST
The audit engau¢m¢nt team identified the risk of management overTide of controls 3s the area where the financial statements
were most susceptible to material Enisstatement duc io frnud. Audit procedures pcrfornied included but were not limit¢d to
testing manual journal entrtes and other adjustments and evaluating the rationale in Tclation to any significant, urLusual
transactions and transactions entered into outside of the nornial course of business.
As a large portiOTk of income is received through legacies. the audit engagement team have highlighted completeness of income
as an area of significant risk. Audit procedures perforncd included bul were nor limit-d to. agreeing the balance in the accounts
¢ompared io Ihc Icgacy amount as per the final docurnenta1ion.
A further description of our rcsponsibilitics is av1iilablL on the Financial Reporting Council's w¢bsite at.. https:Ilwww.fr¢.org.ukl
audRtorsr¢sponsibilities. This dcs¢ription fom)s part of our auditows report.
Other matters
Your attention is drawn lo the fact that the chariiy has pr¢par¢d financial statemcnts in accordance with A¢counting and
Reporting by Charities: Statement of Recommended Practice applicable io charities preparing their accounts in a¢¢ordaiice with
the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102)" (as amended) in preference to the
Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005 which is referred to in the
extant regulations but h&$ now been withdrawn.
Th&s has been done in order for the financial statements to provide a true and fair view in accordance with current Generally
Accepted Ac¢ountin8 Practice.
page 8

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MISSIONARIES OF CHARITY OF MOTHER TERESA OF
CALCUTTA TRUST
Use of our report
This report is made solely to the charity's trustees. as a body, in accordance with Part 4 of the Chariti¢s (Accounts and Rcports)
Regulations 2008. Our audit work h8s been undertaken so that we miJu t state to the charity's truste¢s thos¢ Matte￿ we are
required to state to thcm in an auditor's report and for no other pU￿OSe. To the ￿lI￿$t extent p¢nnitted by law. we do not accept
or assume responsibility to anyone other than the charity and the charity's tn￿te¢S as a body, for our audit work. for this repo
or for the opinions w¢ bavc formed.
Richard Place Dobson Servlces Llmited
Chartered Accountants
Statutory Auditor
Ground Floor
1- 7 Ststion Road
Crawley
West Sussex
RHIO IHT
Richard Place Dobson Services Limited are eligible for appoincment as auditor of the ch￿lty by virne of its eligibility for
appointment as auditor of a company under section 1212 of the Companies Act 2006.
page 9

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
STATEMENT OF FINANCIAL ACTIVtTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Current finan¢lal year
Unrestricted Unrestricted
funds
fullds
general
2024
Restrltted
funds
Total
Totsl
2024
2024
2024
2023
Notes
Income from..
Donations and legacies
Investments
Other income
876,450
31,513
21.053
120,316
996,766
31,513
21,053
2,181,674
l7.923
21,667
Total incom¢
929,016
120.316
1.049.332
2,221.264
Ex
enditiire on:
Charitablc activiti
Religious services
Overseas donaiions
764,317
879,684
764,317
1,000,000
725,844
406,571
120,316
Total ch*rltable expenditure
l.644,001
120,316
1,764,317
I,132.415
Othcr
4,856
4,856
Total resources expended
1,648.857
120,316
1,769,173
1,132,415
Net (outgoing)fincom5ng resources before
tr#n$fers
(719,841)
(719,841)
1.088,849
Gross transfers between fvnds
(50,000)
50,000
Net (expenditure)/income for the yexrl
Net m(tyvement in funds
(769,841)
50.000
(719,841)
1,088.849
Fund balances at l January 2024
2.176,304
4,486,943
6,663,247
5.574.398
Fund b8lance5 at 31 December 2024
1,406,463
4.536.943
5.943.406
6.663.247
The statement of financial activities includes all gains and losses re￿gniSed in the year.
The statement of financAal activities includes all gains and losses recognised in the year. All income and expenditure d¢riv¢
frotn continuing activities.
page 10

MISSIONARIES OF CHARITY OF MOTHER TERESAOF CALCUTTA
TRUST
STATEMENT OF FINANCIALACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Prior financial year
Unrestricted Unrestricted
funds
funds
general
2023
Restrieted
funds
Total
2023
2023
2023
Notes
Income from
Donations and lega¢ies
Invcstinents
Other income
2,176,168
17.923
21.667
5.506
2,181,674
17,923
21.667
Totsl Income
2,215.758
5,506
2.221.264
Ex
enditure on:
Charitablc actLViti
Religious services
Overseas donations
725,844
401.065
725,844
406,571
5,506
Total charitable expenditure
1,126,909
5,506
1.132.415
Total re$ource$ expended
1,126,909
5,506
1,132,415
Net (outgoing)/in¢oming resourees before transfer$
1.088,849
1,088.849
Net (expenditure}lincome for the yearl
Net movement in funds
1.088.849
1,088,849
Fund balances at l January 2023
1.087,455
4,486,943
5,574,398
Fund balances at 31 December 2023
2,176,304
4,486,943
6,663,247
page 11

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
BALANCE SHEET
ASAT31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
13
4.682,609
4,564,000
Current assets
D¢btor5
Cash al bank and in hand
14
68,983
1,224.992
199.041
1.926.954
1,293,975
2,125.995
Creditors: amounts fallfing due wlthln one
year
15
(33,178)
(26,748)
Net currcnt assets
1,260.797
2.099.247
Total assets le$s current liabilitie5
5.943.406
6,663.247
The funds of the charity
Unrestricted ￿nds- general
Unr¢stri¢l¢d ￿nds- Desig?naied fvnds
17
1.406.463
4.536.943
2.176.304
4.486,943
5,943,406
6.663.247
The financial statements were approved by the trnslees on .
141(ol.L
Sr M Imelda
Trustee
page 12

MISSIONARIES OF CHAIUTY OF MOTHER TERESA OF CALCUTTA
TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash floivs from operiting activities
Cash (absorbed by)IgeneTated from operations
20
(52 1.596)
1,004,842
Investing aetivStle$
Purchase of tangible fixed assets
Proceeds from disposal of tangible r￿ed as5Cts
Investment income received
(211.979)
loo
31,513
{50,719)
17.923
Net cash used in investing aetivlties
(180.366)
(32.796)
Net C#5h generated from fIn8nclng actlvltles
Net (decreas¢)/ln¢rea$e In cash and cash equlvalents
(701,962)
972,046
Cash and cash equivalents at beginning of year
1.926.954
954,908
Cash and ¢a$h equivalents at end of year
1.224.992
1,926,954
pagc 13

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EJVDED 31 DECEMBER 2024
Accounting policies
Charity infomation
Missionaries of Charity of Mothu Teresa of Calcutta Tn￿t is a charity set up under a llvst deed 2nd registered with the
ChaTtties Commission in England and Wales.
1.1 Accounting conventlou
The financial stalcmcnts have been prepared in accordance with the Charity's governing document. the Charities Act
201 I, FRS I02 'Thc Financial Reporting Stsndard applicable in (be UK and Republic of Irelaiid" {"FRS 102") and the
Chariti¢s SOR￿ "A¢¢ounting and Reporting by ChaTitics: Starement of ReCOn￿nellded Practice applicable to charities
preparing tEieir a¢counts in ac¢ord8m¢¢ with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)" (effectiv¢ l January 2019). Th¢ chariry is a Public Benefit Entity as defined by FRS 10?
The financial statements have departed from the Charities (Accounts and Rcports) Rc8ulations 2008 oiily to the extent
required lo provide a tsije and fair vt¢w. This departure has involved following the Staiement of Recoinmended Praciice
for Charitics applyiiig FRS I02 rather than the version of the sta￿Mellt of Reeommended Practic¢ which is re[e￿¢d to in
the Regulations but wht¢h has since been withdrawn.
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary amounts Ln
these finaiicial staicments are rounded to che nearesi £.
The fmancial statements have been prepared under the histori￿1 cost convention. Th¢ princip81 accounung policies
adopted are set out below.
1.2 Going concern
At the time of approving the financial ststements, the tsustees have a reasonable expectation that the Charity has adequate
resour¢es to conlinue in operational exislence for the foreseeable future. Thus the trnslees continue to adopt the going
concern basis of accounting in preparing the financial statwAents.
1.3 Charitable funds
Unrestricted funds can be used in accordance with the charitablc objectives at the discretion of the ttvslees.
Designated fjjnds are unrestri¢ted funds eatm4rked by the Tn￿te¢S for particular purposes.
Restricted ￿ndS can only bc used for particular rcstri¢t¢d puryoses within the objects of the charity.
Restrictions arise when specified by the donor or when funds are Taised for particular restricted putposcs.
Funher explanation of the nature and purpose of each fimd is included in the notes to the finan¢ial
statements.
1.4 In¢ome
All income is recognised in the Siaternent of Ftnaneial Aetivities once the charity has elltitlement to the
funds, it is probablc that the income will b¢ ￿￿e1V¢d and th¢ amoulll can be measured reliably.
Donations and similar incoming resources are included in th¢ y¢ar in which th¢y aT¢ r¢¢¢ivable. which is
when the charity becomes entitled to the T¢sourc¢.
Legacy gifts aTe recognised on a case by cw basis following the granting of probate when the administrator
l executor for the estate communicated in wrilttjg both the amount and settlement dat¢. In the event that
the gift is in the forn) of an asset other than c&sh or a financial asset traded on a recogni5ed stock exchange.
recognition is subject to the value of the gift being reliably measured with a degree of reasonable accurdcy
and the litle lo the 85set being transferred to the charity.
page 14

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR E2VDED 31 DECEMBER 2024
Accounting policies
(Continued)
The charity is donated a targc amount of food stuff and various other consumables during the year from well
wishers who assist Ibe charity in continuing irs cbarirable works. It is no( possible lo value the aEnount of
non cash donations received and a¢¢ordingly these donations in kind are not included in the financial
statements.
Income from investments which comprises interest ￿¢¢Ivable is included in the Statement of Financial
Activiti¢s.
1.5 Expcnditure
Liabilities are recognised as expenditure as soon &$ there is a legal or constrnctive obligation comrnitting the
charity 10 that expenditure. it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be rneasured reliably. Expenditure is accounted for on an accnjals basis
and has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a b&sis consistent wilh Ihe
use of resources.
Religious servtC¢8 expenditure Tela*s to tb¢ cost of serving the community.
Overseas proje¢t expenditure relates to moni&8 s¢nc overseas to be spent on specific charitable projects.
Support costs are thos¢ functions that assist the WQTk of the charity but do noi directly undertake charitable
activities. Support Losts include audit fees. bonk charges and legal fees. These ¢osts have been allocated
bctwcen the different chariiable activities. The bases on which support costs have been allocated arc set out
in note 6.
1.6 Tangible fixed assets
Tangible fixed assets are inArially measured at cost and subsequently measured at cost or valuation, net of depreciation
and any impairmeni losses.
Land and building5 are shown at cost and have noi been revalued. Tangible fixed assets other than freehold
land are stat¢d at costs less depreciation. No depreciation is Charged on freehold propety as the estimated
T¢sidual value ¢x¢ccds th¢ cost and any depTeciation charg¢ would be immaterial.
The trustees have sct a capitalisation policy of £500.
Freehold property
Fixtures, fittings & equipment
Motor vehicles
lQ/th Straight line
15Yo redu¢ing balance
25 /D r¢ducin8 balance
The gain or loss aTSsing on the disposal of an asset is determined as the difference between the sale proceeds and the
caLrying value of the asset, and is recognised in the statement of financial activities.
1.7 Imp2irment of fixed assets
At earh rworting end date, the charity reviews thc ¢arying amounts of its tangible assets to detemine whether there is
any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of
the asset is estimated in order to d¢tern]ine the extent of the impainnent Ios5 (if any).
1.8 Cash and cash equivalents
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity
of three months or less from the date of opening the deposit or similar accounL
pagc 15

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Aceountints polities
(Continued)
1.9 Financial instruments
The ¢harity only lias financial assets and financial liabilities of a kind that qualify as basic fInan¢ial
instrnmenls.
Basic finaneial instruments are initially recognised at transaction value and subsequently
measured at their seiilement value.
Basicfinancial assets
Other debtors and prepayments are recognised at the settlement amount due after any trade discount is offered.
Basicfinancial liabilities
Creditors are recogiiised where the charity ha5 a presetit obligation resulting from a past event that will
probably result in (he transfer of fvnds to a thiTd paTty and the amount due to settle the obligation can be
measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing
for any discounts due.
D¢recognitiott offiiiancial li4bilities
Financial liabilities are dett¢ognised when the ¢harity'S contractual obligations expire or are discharged or cancelled.
1.10 Tqxation
The ¢harity is exempt from tsx on lis charttable a￿1vItieS.
1,11 Foreign exchange
Transactions in ell￿ette1C8 other than pounds sterling are record￿ at the rates of exchange P￿VallIng at the d8tes of the
transactions. At each reporting end date, moneiary assets and liabilities that are denomiiiat¢d in foreign ¢urr¢ncies are
retranslated at the rates prevailing on the reporting end dale. Gains and losses arising on translation in the period are
included in profil or loss.
Critical accounting estimates gDd judgements
The preparation of rhe fmanci81 statements requires tNstees to make judgements, estimates and assumptions
that affect the amounts reported for assets and liabilities as at the balance shttt date and the amounts
reported for income and expenditure during the year. However, thc nature of estirnation means that &C￿aL
outcomes could differ from those estimates.
The main judgemcnts and accounting estimates included in the accounts are:
The estimated residual value of fre¢hold property is considered to be An excess of cost therefore depreciation
ss not Charged on freehold property.
Donations 2nd leg#cÉes
Unrestricted
funds
general
2024
Restricted
funds
Tot21 Unrestricted
fuTh(ts
general
2023
Restrieted
n(ts
Total
2024
Z024
2023
2023
Donations and gift aid
Legacies receivable
334,960
54l.490
334.960
661,806
315.369
1,860.799
506
5,000
315,875
I,865,799
120,316
876.450
120,316
996.766
2,176.168
5,506
2,181,674
page 16

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from investments
Unrestrictèd Unrestricted
funds
funds
2024
2023
Interest receivable
31,513
17,923
Other income
Ullre$tricted Unrestricted
funds
funds
2024
2023
Nct gain on disposal of tangible fixed assets
Royaltie5
R¢bates
100
12,001
8,952
10,700
10,967
20.953
21,667
pagc 17

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEllffNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Charit2ble actiwties
Religious
servite$
2024
Overseas
donations
2024
Total
2024
Religious
services
Overseas
donations
2023
TotAI
2023
2023
Depreciation and impaiment
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Medical
Food and household
Cloihing
Charity relief payments
Funeral charges
General expenses
Repairs and Maintenance
Fuel and Trav¢1 ¢xpens¢s
Overseas donations
88.514
40,482
27,284
27,562
11,451
16,449
9.685
182,588
6.792
19.995
2,739
104.978
20,097
125.995
88.514
40.482
27,284
27,562
11,451
16,449
9.685
182,588
6.792
19.995
2,739
104.978
20,097
125,995
1.000,000
61.851
40.363
26,070
22,342
9,475
11,933
9,196
210,283
11.305
18.289
173
123.074
19.767
120.343
61,851
40.363
26,070
22,342
9,475
11,933
9.196
210,283
11,305
l8,289
173
123,074
19,767
120.343
406.571
1,000,000
406,571
684.611
1.000.000
I,684.611
684,464
406,571
1.091,035
Share of support costs (see
no(e 7)
Share of gov¢man¢¢ costs (see
note 7)
1,413
1.413
1,721
,721
78,293
78,293
39,659
39,659
764,317
1,000,000
1,764,317
725,844
406,571
1,132,415
Analysis by fund
Unrestricted ￿ndS - general
Restricted ￿ndS
764.317
879,684
120,316
1,644.001
120.316
725.844
401,065
5.506
I.I26,909
5,506
764.317
1,000.000
1.764.317
725,844
406,571
1,132,415
pag¢ 18

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (cowfINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support ¢osts allocated to activities
2024
2023
Bank charges
Governance costs
1,413
78.293
1,7?I
39,659
79,706
41,380
Analysed between:
Charitable activities
79,706
41.380
Net movement in funds
2024
2023
The nel movement in fLLn(18 is stated after chaTgingl(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed asscts
Loss on disposal of tangible fixed assets
17,820
88.514
4.756
61,851
Trustees
None of the I￿Ste¢S (or any persons connected with them) received any remuneration during the year or were reimbursed
any expenses during the year.
The lrnstees are hoiv¢ver also members of th¢ ¢ommunity. Members of the ￿Mmunity are maintained by the charity and
pr¢mis¢s. m¢als and oth¢r living ¢xp¢nses ar¢ paid by th¢ chariiy
10 Employees
The charity does not employee any staff
li
Other expenditure
Unrestricted Unrestricted
ruuds
funds
2024
2023
Net loss on disposal of tan￿1)1¢ fixed assets
4.856
12 Taxation
The Charity is exempt from tsxation on its activities because all its xncome is applied for charitable purposes.
page 19

MISSIONARIES OF CHAIUTY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Tangible fixed assets
F￿e￿OId Fixtures, fittiogs Motor vehicles
property & equipmenl
Totil
Cost
At l January 2024
Additions
Disposals
4.367.519
782.669
161,749
104.819
50.230
{49.l79)
5,255.007
211.979
(49,179)
At 31 December 20?4
4.367.519
944.418
105.870
5,417.807
Depreelation and imp2irment
At l January 2024
Depreciation ¢harged in the year
Eliminated in respect of disposals
130,576
481.964
69,368
78.467
19,146
(44.323)
691,007
88,514
(44,323)
At 31 December 2024
130,576
551,332
53,290
735,198
Carrying amount
At 31 December 2024
4,236.943
393,086
52,580
4,682,609
At 31 December 20?3
4.236.943
300.705
26,352
4,564,000
14 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
39,358
29.625
168,915
30,126
68.983
199,041
15 Creditors: amounts falling due within one year
2024
2023
Arcruals and d¢ferr¢d income
33,178
26,748
page 20

MISSIONARIES OF CIIARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to
specific condition5 by donors as to how they May be uscd.
Movement in funds
Incomlng
Resources
Balance at
r¢souree3
txpended l January 2024
Movement in funds
In¢omin#
Resources
BalaD¢¢ at
resourtts
eyp¢nded JI December
2024
B#l*rtce at
I JAnu#ry 2023
Specified
dona(ions
5,506
(5.506)
120,316
{120,316)
5,506
(5,506)
120.316
(120.316)
Specified donations are thosc where the donor has requested the proceeds b¢ transferred to a chosen country or
organisation. Such donations arc transferred without delay io the chosen deslinalion.
17 Designated fund$
The income funds of the charity in¢lud¢ the following designated funds which hav¢ been set aside out of wirestricted
funds by the trustees for specifi¢ puwjses:
Movement In
funds
IDcomlng
Balanc¢ St
resourcu l January 2024
Balance ai
l January 2023
Transfers
Balance at
31 Dgcembor
2024
Propety ￿nd
Renovation ￿nd
4236,943
250.000
4,236,943
250,000
4,236,943
300,000
50.000
4.486.943
4,486.943
50.000
4,536.943
The Property ￿nd represents the fiu]ds necessarily set asidc for the charity's ocGupalion of the land and buildings.
The Renovation fund represents funds set &8idc to undertake renovation work at the various houses.
page21

MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA
TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Analysis of net assets between funds
Unrestricted Designated
fund$
funds
2024
2024
Restricted
funds
2024
Total
2024
Fund ba]ances at 31 Decemb¢r 2024 are represented
by..
Tangible assets
cu￿eftt assetsl(liabilities)
395.666
I.010.797
4,286.943
250,000
4,682.609
1.260.797
1.406.463
4,536,943
5,943.406
Unrestricted Designated
fijnds
funds
2023
2023
Restriotcd
nds
2023
Total
2023
Fund balances at 31 December 2023 are represenlcd
by..
Tangible assets
Current ass¢ts/(liabilitics)
327,057
1,849,247
4.236.943
250,000
4,564,000
2,099,247
2.176.304
4,486,943
6,663,247
19 Relgted party transactlons
There were no disclosable related party transa¢tions during the year (2023 - nonc).
20 Cash (Absorbed by)Igenerat¢d from operations
2024
2023
(Deficit)lsurplus for the year
(719,841)
1.088.849
Adjustments for:
Investment income r¢cognised in statement of financial activities
Loss on disposal of tangibl¢ fixed assets
Depreciation and impaiThnent of tangible fixed assets
(31.513)
4,756
88.514
(l7,923)
61,851
Movemenls in workino capital:
Decreasel(inGTea5e) iii debtors
Increase in creditors
130.058
6,430
(128.029)
94
Cash (absorbed by)Igenerated from operations
(521,596)
1,004,842
21 AnAlysi$ of change5 in net funds
The charity had no material debt during the year.
page 22