THE CONFRATERNITY OF
THE BLESSED SACRAMENT
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2025
Registered Charity Number 1082897

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity No. 1082897
CONTENTS
Page
Legal and athnini5trative infomMtion
Trustees, Annual ReFK)rt
Statrment of Trustees, restK)nsibilities
Independent Examiner's re￿rt
Statement of Financial Activities
Statement of Financial Activities for 2024
Balance Sheet
Statement of Cashflows
io
Notes to the Financial Statements
11-20

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity No. 1082897
LEGAL AND ADMINISTrATIVE INFORMATION
Trustees:
The Right Reverend Glyn Webster- Superior General (elected I1.10.2022)
Father Darren Smith - Treasurer GeneraI (elected 08.10.18)
Father Paul Hutchins - Secretary General (elected I l.10.2022)
Father Peter Edwards (elected 08.10.18)
Brother Colin James Dickson (elected 09.10.19)
Father Ron Farrell (elected l.10.22)
16 Commercial Street
Birniingham
BI IRS
Bankers:
Barclays Bank PIC
2 Victoria Street
London
SWIHOND
Independent Examiner:
Nicholas Simkins
Butts Fami
Great Haywood
Staffordshire
ST18 OTF
Investment Managers:
CCLA
One Angel Lane
London
EC4R 3AB

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Rwstered Charity N￿ 1082897
TRUSTEES, ANNUAL REPORT
For the year eDded 31 January 2025
The tnistees present their annual r¢px)rt and financial statements of the charity for the year ended 31 January 2025. The
financial statements have been prepared in accordance with the accounting p)licies set out in note 2 to the accounts and
comply with the charity's trust dee4 the Charities Act 2011 and Accounting and Reporting by ChaTities: Stsfrment of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (effective January 2019).
OWECTIVES AND ACTIVITIES
The Confraternity exists for the advancement of the catholic faith in the Anglican Tradition and in particular to promote:
The honour due to Jesus Christ our Lord in the Blessed Sacrament of his Body and Bloo
Prayer for one another at the EucharisL
Careful preparation for and reception of Holy Communiory including the Eucharistic fasL
The reverent and dignifjed celebration of the Eucharist and the reservation and veneration of the Blessed
Sacrdm¢nL
The continuance of the catholic priesthood and
Catholic theological teachin& learning and developmenL
The main activities are achieved primarily by making grnnts of finance or church requisites to parishes and clergy.
PUBLIC BENEFIT
The Trustees are aware of the Chariiies Act and the Charity Commission's Public Benefit guidance and have taken it
into account when making any decisions. They have not had any re&80n to depart from this guidance. The Trustees
consider the InfOrn￿tion which is contained in the reFM)rL alx)ut the Charity's objectives, activities and achievements,
demonstrates the benefjt to the public that arise from these objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Confraternity of the Blessed Sacrament (CBS) is a registered charity, number 1082897. The Charity is governed
by a Constitution which was amended after extensive consultstion at the Council-General meeting on the 6th October
2014.
The Charity is constituted by a wup of Tn￿teeS appointed by the CoUncil￿eneral of the Charity. No otTicer of the
CBS received any remuneration for work undertaken on behalf of the CBS. The council￿eneral consists of the
General Officers (Superior￿eneral. TreasurerQyeneral and Secretary-General), the representatives of Districts, and
Honorary Members. The SuperiOr￿ene￿I is elected by the Council£yeneral for a five-year terni. a new Superior
General, The Right Reverend Glyn Webster was elected for a 5 year period at the Council General Meeting held on I lth
October 2022.
The Treasurer-General is elected annually by the Council-General. The Secretary-General is appointed by the Superior-
General. The Representatives of Districts are the District Superiors plus an additional representative for any District
having more than ten Wards. The Honordry Members are nominated by the Superior-General and approved by the
CouncilQJeneral. The annual meeting of the Council-General is the annual general meeting of the charity. The charity
is managed by six Trustees. The Superior￿eneral, the Treasurer-General and the Secretary General are ex-OtTicio
Trustees. Three further Trustees are elected by the Council￿eneral, the longest serving of whom retires by turn at the
annual meeting of the Council General.

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity Nik 1082897
TRUSTEES, ANNUAL REPORT (Continued)
For the yesr ended 31 January 2025
Key maD4gement
The key management personnel of the Charity. are the Trustees. The day to day management of the charity is the
responsibility of the Superior General, who delegates particular areas of management to the Secretary General and the
Treasurer General.
Risk Factors
During the year the Trustees continued to monitor the major risk factors facing the Charity and they remain satisfied
that the existing systems and controls are suificient to mitigate those risks. During the year under review the Charity
maintained sound systems of internal fjnancial control, including procedures for authorisation of all transactions. Such
procedures are kept under on-going review in order to ensure that they meet the Charity's need5.
TRUSTEE MEETINGS
During the financial year to 31 January 2025. the Trustees met five5 times on 7 May 2024. 16 July 2024, 1 October
2024, 1 October 2024 (General Council) and 14 January 2025.
GRANT MAKING POLICY
The Charity has established its grant making policy to achieve its objects for the public benefit. Applications for grants
are considered, with reference to the charity's objectives, on a case-by-case basis by the Board of Trustees. A Grdnt
Application Forn] continues to ensure all grants are considered on an equal basis (see note 7).
FINANCIAL REVIEW
During the year ending 31 January 2025, the charity received income from its investments of £99.353 (2024: £98,008) and
member donations and legacies of £1,892 (2024: £1,755). Grants tOt￿lIng £48,642 (2024: £86.840) were awarded. Details
of these grants can be found in note 7 lo the accounts.
In-line with generaI stock Ma￿et trend8, Un￿liSed gain of £313,287 {2024: gain of £229,971) were incuned on the
Charity's Investment ￿￿0110
The Trt￿tee5 consider that the level and nature of the financial reserves at 31 January 2025 amounting to £4,453.677
(2024:£4,121,854) does not impact uw)n the assumption that the Charity is a going concern.

THF. CONFRATF.RNrry OF THF BLFA8V.D SACRAMEiYf Char#y ￿ 1082897
TRusfELV ANNUAL REpoirr (CoNtl••ed)
For the yearewled JI J*••&ry 2025
RLSERVFS POLICY
94¥*Xt ¢0s1s aThl for th¢ m*kin8 ofch*ritsbk
The ￿)I1¢Y rnwdin8 Ye*r￿ is to ntsin fiffth *thith wlll ethle the Trn*ea * wovid¢ kn the aims ￿i￿ts¥¢9
of IIK Ccmfratsrnity ￿ laid down in the C(N￿lit￿lI￿ d￿ed fAh 2014.
The TnJ*es idulty Ilke to miintatn reserv¢s at i level sufficiert to covtt tho followwig ye*y runnkng c4x*. Ary
•ddilional surplus m•de would be lo subsMlis¢ the followin8 years. xtivitiw or whu¢ • d¢fKit occurs this will
I￿• th¢ ixMl8d av•itsble follory •diYili(*.
At 31 2025 tall fumk IA) £4853,677 (20U: £4,121J541
Thkn rry*xt ￿ •HYml ty the Tnuterf on 29 Juty 2025 •MI siy*l beh￿bY
S•perlor-G¢*rxl *md Tr*e

THE CONFRATERNTfY OFTHE BLVSSED SACRAMFiif 1ffl28YY
F•r lh• ¢•ded 31 2025
TRusfELS' RVSPON8IBILmEs IN REtAIION TO THE VINAf4CIALsfATEME
)w ￿1¢h 8ivrJ * 4ThJ flir view ofthe of •ifaks of the ¢th•rity of the ithxvnin8 •¥1 or
resourc¢& ofthe dwity for thAI IN the fllwciil tht(¥ntht4 the try#¢H ￿ wirt¥J tr.
•¢kd Fdiciu Ilxn the4n
rim￿111 W￿llion ofihe chwity •KI kn en•ble Ilk7n to eAwr¢ the finm￿lI1 with tk Ch*itiBs A
fln•rKl•l tt•trnb￿.
ApFYov*I ty the 29 July 2025 rAI behdf

THE CONVRATERNrrY ov THF. BLVA8ED SACRAMvJir
INDF.PF.NDF.Kr V￿MINER￿ RF.PORT TO THE TltusrFL8 OF THE CffiFRATERNrrY OF THE
B1.￿￿&[D SACXAMENr
For lh¢ ye•r e*led 31 JM*•ry 2025
I Y9x￿ ￿ ihe trU￿e￿ my ¢xmhMlim oftho ofThe c￿rI￿nIty ofts (the Chwity) f
thc ye* aNltyJ 31 2025.
This rep￿ is m•d¢ N)kty io th¢ clthgj Iiiislw as a i￿. in *C<Kdw wilh R¢gul*tion 31 of the Ch*ilips (Ace(Mmts
RepKXts) RegU￿1th￿ 2¢xii. My has iK¢n U￿lert*ken so thii I might stste to tho ¢hritys trus1￿1 thoge m•tters I
r¢quir¢d to ￿￿•¢ lo Ihem in exwMinerfJ W Ind no (rther PUfF*)ge. To th¢ fiilles¢ ￿t¢￿t perniitted
by knw, l (k) NX ro4Kwibilty lo (AhLY Ihkn tho tr¢Mlea •% • I￿. for my f(Y this
the 2011 (Ihe A￿).
I in rc4I*2t of my mmlnth of th•Chwity'i I￿￿XI1￿ e•ffid thrt under#¢tloft 145 of th02011 Act•#1 ifi tyryift8
out my ¢xwnin•ti(ffl I h*ve folk)wed ill the Di￿ti￿ given by the Charity C&inmission under sxtiLM 145(5Mb)
of th¢ A¢L
examiniti(ffi 8iv¢ng c•u5e lo Ixlieve..
1. kqrt in roy¢t ofthe awity v r¢qu¥ed by 130 of th¢ A¢ or
sel oul in the ChwiliE5 (Att4xnts aAI RcpKts) Re8ylatioM 2(X)8 (kn than •ny Tequirement th*¢ the
give * 'true arnl flir view which is a matte¥ ccmsidered as Imrt of exAminalion" IX
NkholA• Sl•k5
Fjutts Fwm
Great Haywood
SthlT(xdshi
STII OTP
29 July 21r25

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity No. 1082897
STATEMENT OF FINANCIAL AcfiviTIES (Incorporating Income and Expenditure Account)
For the year ended 31 January 2025
Restricted Unrestrlettd Total Fund5 Total Funds
Funds
Funds
2025
2024
Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Income from investments
1.892
99,353
1.892
99,353
1,755
98,(X)8
Total incomfing resource5
101,245
101245
99,763
EXPEIYDITURE ON:
Charitable activities
82,709
82,709
125,486
Total resourees expended
82,709
82.709
125,486
Net income/{exp¢nditure) before gains and
losses on investments
18J36
18,536
(25,723)
Net gainsl(losses) from investm¢nts
313.287
313.287
229,971
NET IIYCOME l ffXPENDITURE)
331,823
331,823
204,248
Reeoncili2tion of funds
Total fimds brought forward
4.121,854
4,121,854
3,917,606
Total funds Carrled forward
4.453.677
4.453,677
4,121,854
The notes on pages I I to 20 forni part of these financial ststements.

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity No. 1082897
STATEMENT OF FINANCIAL AcrNrriES Oncorporating Income and Expenditure Account)
For the year ended 31 January 2024 (for comparative purposes)
Restricted Unrestricted Total Funds Total Funds
Fund5
Funds
2024
2023
Note
INCOME AI¥D ENDOWMENTS FROM:
Donations and legacies
Income from investments
1,755
98,008
1,755
98,008
3,192
95,989
Total Incoming resources
99,763
99,763
99,181
EXPENDITURE ON:
Charitable activities
125.486
125.486
92,781
Total resources expended
125,486
125,486
92,781
Net incomel(expenditure) before gains and
losses on investments
(25.723)
(25,723)
6.400
Net gains/{losses) from investh)ents
229,971
229,971
(144.867)
NET INCOME I (EXPENDITURE)
204,248
204.248
(138.467)
Reconciliation of funds
Total funds brought forward
3,917.606
3,917.606
4,056.073
Total funds carrled forward
4,121,854
4.121,854
3,917,606
The notes on pages l I to 20 forni part of these financial ststements.

THE CONFRATERNrrY OF THE BI￿VD SACRAMV.ffr
BAIANCE SHFET
For lkn y**r e•de4131 J•Nw•ry 21)15
2•25
2024
nxFD A&8ZI
Tan8iblo
10
2316
43K931
4.2tX)
4,07J.645
4J89.148
4,QTI.¢135
CURREKr Assrrs
12
C•sh x i￿k •thl in
693•1
45.768
69J•i
4A754
CREDrroRS: Amwnts f￿1￿&
wthin one year
13
(46n)
(18351
urY•wJl A￿, .
43,919
Net Awts
4J53h77
4.121.854
FUNDS
14115
77
4.121A54
V53h
4.121,854
In acc(Ydwtt with se¢ti(m 145 of the Clwrtu Ad 2011, is fm Ik ftran a￿lL The
The R￿¢ Revern•d c￿ W•bse•r....
?i¥prrlor- Ge•er*l And Tr¥*e
R¢1￿1￿¢4 Clwity No. IOn897

THE CONFRATERNITY OF THE BLESSED SACRAMENr
Regfistered Charity No. 1082897
STATEMEI¥4T OF CASHFLOWS
For the year ended 31 January 2025
ote
2025
2024
Cash flows from operating activities:
Net cash provided byl(used in) operating activities
17a
(75,920)
{ 121,598)
Net casb provided by/(used in) operating *ctivitl&*
(75.920)
(121.598)
Cash flows from investing activities:
Dividends and Inte￿$t from invcstments
New investmcnts
Fixed &8set additions
99J53
98.008
Net cash provided bvl(used In) investing actlvities
99J53
98.008
Change in cash and cash equivalents in the reportlng period
23,433
(23.590)
Cash and cash equivalents at the beginnlng of the period
45,768
69,358
Cash and eash equlvalents at the end of the reporting period
69,201
45,768
-io-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Rffjstered Charity N￿ 1082897
NOTES TO THE FINANCIAL STATEMEIYTS
For the year ended 31 January 2025
CHARITY INFORMATION
. The Confraternity of the Blessed Sacrament is a charity registered in England and Wales No. 1082897. The
Registered Office is 16 Commercial StreeL BirniinghanK B I IRS.
ACCOUNTt¥G POLICIES
The principal accounting policies adoptrd judgements and key sourLYS of estimation uncertainty in the
preparation of the fllwicial statements are &8 follows:
BASIS OF PREPARATION
The financial slatements have been prepared in accordance with the SLqtement of Recommended Practice:
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) and the Charities
Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting ￿lIcY note(s). The functional and presentstional cunEncy 15 GBP and the
accounts are rounded to the nearest £1.
b)
INCOME RECOGNITION
All income is recognised once the charity h&8 entitlement to the income, it is probable that the income will be
received and the amount of income receivable ean be measured reliably.
Legacies are credited to the accounts when they have been notified to the tNstees and there is re&80nable
certainty of the amount to be received.
Donations, subscriptions and other fornts of voluntary income are credited to the accounts when received and
are shown gross. unless the event that a donation is subject to conditions that require a level of perfonnance
before the charity is entitled to the funds. In this case the income is deferred and not recognised until either
those conditions are fully mel or the fulfilment of those conditions is wholly within the control of the charity
and it is probable that those condition5 will be fulfilled in the rew)rting period.
PREARATION OF THE FINANCIAL STATEMENTS ON A GOING CONCERN BASIS
The financial statements have been prepared on a going concern basis. The charity has achieved operating
surplus of £18,536 (2024 a deficit £25,723). There were unrealised gains on the market value on
investments of £313,287 (2024: gain £229,971).
At 31 January 2025, net assets amounted to £4.4m which included £69,201 in the bank and 2n investment
portfolio with a market value of £4.3m.
The Trustees consider that the level and nature of the fmancial reserves at 31 January 2025 does not impact
upon the assumption that the Charity is a going concern.

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity N￿ 1082897
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For tbe year ended 31 January 2025
d) . RESOURCES EXPENDED
Liabilities are recognised &8 exFEnditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that settlement will be wuired and the amount of the obligation
can be M￿ured ￿lIablY.
Expenditure is charged on the aCCn￿ basis. Costs a￿ chwged to the genernl fund unless the cost is
specifically identifiable with the restricted fun(L
Expenditure included in charitable activities comprises costs of promoting and supporting the objects of the
charlty. Grants are charged at the pjint a commitment is made by the Tnjstees and in the case of ongoing
suppjrt when there is an ext*ctstion by the grantee that a grant will be received.
The appropriate share of costs are charged on an accruals basis and are charged to the general fund unless
the cost is specifjcally identifiable with the restricted fund.
IRRECOVERABLE VAT
The Charity is not registered for VAT. Irrecoverable VAT is included within the relevant expense on which
it is charge
ALLOCATION OF SUPPORT AND GOVERNANCE cosrs
CBS office costs and Additional Curates Society (ACS) administrative support Costs have been allocated
between governance costs and direct charitable activities.
Governance costs comprise all costs involving the public accountability of the charity and its compliance
with regulation and good practice. These costs include costs telated to independent eKamination, accounts
and legal fees together with an app)rtionment of overhead and support costs.
These are charged 750/0 to direct charitable activities and 250/0 to governance costs.
TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are sL2ted at cost less depreciation. Ex￿ndItllre is capitalised if it is anticipated to be
of an enduring benefit exceeding one year. Items under £l(K) are not capitslised. Ikpreciation is provided at
rates calculated to write off the cost less estimated residual value of each asset over its expected useful life,
as follows:
Sacred vessels
Fixtures, fittings & e4wipment
Regalia
l (Y/0 per annum on cost
33r/i o t￿r annum on cost
l ￿/0 per annum on cost
12-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity 1082897
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For tbe year ended 31 Janllary 2025
h) INVEsTmE￿rs
Investments are a forni of basic fllwKial instrument and are initially recognised at their transaction value
and subsequently MeasU￿d at their fair value as at the balance sheet date using the closing quoted market
price. The statement of financial activities includes the net gains and losses arising on revaluation and
dIS￿S throughout the year.
The Charity does not acquire options, derivalives or other complex financial instruments. The main form of
ffftanciaj risk faced by the charity is that of volatility in equity markets and investment markets due to wider
economic conditions, the attitude of investors to investment risK and changes in sentiment concerning
equities and within particular sectors or sub sectors.
INVESTMENT GAINS AND LOSSES
All galns and losses are taken to the Statement of Financial Activities as they arise. Realised gains and I05ses
on investments are calculated as the difference between sales proceeds and their opening carrying value or
their purchase value if acquired subsequent to the first day of the financial year. UnTealised gains and losses
are calculated as the difference Ftheen the fair value at the year end and their carrying value. Realised and
unrealised investment gains and losses a￿ combined in the Statement of Financial Activities.
FINANCIAL INSTRUMENTS
The Charity only has financial assets and fuwKial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measurnd at their settlemenL
Financial assets that are measured at cost and amortised cost are &8sessed at the end of each reporting period
for objective evidence of impairnient. If objective evidence of impairmenl is founiL an impairment loss is
recognised in the Statement of Financial Activities. Financial assets that are measured at fair value are valued
based on valuations obtained at the year-end.
k) JUDGMENTS IN APPLYINGACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
In p￿parIng the Financia] Statements. management is wuired to make estimate5 and &8sumptions which
affect repx)rted income. expenses, &8sets. liabilities and disclosure of contingent assets and liabilities. Use of
available inforn￿tiOn and application of judgement are inherent in the forniation of estimates, together with
expectations of firtU￿ events that are believed to be reasonable under the circumstances. Actual results in the
future could differ from such estimates. There are no key assumptions or other sources of estimation that
have a Si￿lficant risk of causing a malerial adjustment to the carying values of assets and liabilities within
the next financial year.
13-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registsred Cbarity Iyo. 1082897
NOTES TO THE FINANCIAL STATEMENTS {ContinDed)
For tbe year ended 31 January 2025
RELATED PARTY TRANSAcfioNS AND TRusfEES' EXPENSES AND REMUNERATION
During the year £2,947 (2024 - £2,113) was reimbursed in out-of px)cket expenses to 13 members (2024 - 14) of
the Council Genernl. This consisted of ￿1Mbur5ernents of trdvel expenses to meetings.
The Superior General who is a CBS Truste was paid expenses £l,(K)5 for trnvel costs incU￿ed on Charity business
in the year (2024 - £1,029)
There were no outsLqnding balances due to or from Trustees at the year-end (2024 - nil}.
No officer or Trustee of the CBS received any remuneration for work undertaken on behalf of the CBS.
Father Darren Smith is the General Secw of Additional Curates Society and Trustee of the Confraternity of the
Blessed SacrdmenL
Grants totalling £Nil (2024 - £12,749) were made to the Additional Curates Society.
The following additional payments wat tnade to Additional Curates Society in the year:
2025
2024
Administration supp)rt
Quarterly paper
OtTice Costs
Meeting costs
Cathehetical work
12,5(X)
8.328
346
271
12.500
11.235
1,840
380
4,700
21,445
30,655
There was no balance due to or from AddAtiot]al Curates Society at 31 January 2025 (2024 - £nil)
DONATIONS AND LEGACIES
2025
2024
Donations from members
Other income
1,407
485
1,755
14-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registsred Cbarity No. 1082897
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31 January 2025
INVESTMENT INCOME
2025
2024
Interest on investments
95,476
94,032
Interest on cash deposits
3,877
3,976
ANALYSIS OF CHARITABLE ACTIVITIES
The charity undertakes its charitsble activities through grdnt making and awarded grants to a number of
individuals and institutions in furtherdnce of its charitable activities.
Support
and
goverDADce
Activities
UDdertaken
directty
Grant
funded
activity
2025
Tot21
2024
Total
Note
Funded from UDrestricted funds:
Superior general expenses
Quarterly papers
Printing &stationery
Cathehetical work
Meeting and travel costs
Grants
ACS support
Independent exan11n￿on
Depreciation
Other
National Festival
I,￿5
11,012
1,005
11,012
1,029
11,161
1,3
4,71
2.l13
. 86.84(5.
12,500
2,835
2,073
618
317
2,947
?.Q47
4Ji 64?
12,51KI
2.975
2.074
365
1.189
48,642
9,51X)
2.975
2.074
365
1,189
18.592
58,142
5,975
82,709
125,486
15-

THE CONFRATERNrrY OF THE BLESSED SACRAMENT
Registered Charlty No. 1082897
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31 January 2025
ANALYSIS OF GRANTS
The grants arc in furtherdnce of the main objects as set out in the Trustees, Annual Rq)ort. The trustees. policy for
making grants is to consider applications and prioritise those grants seen as purniing the objectiv&s most effici¢ntly.
Choir Church
Contribution to instruction
Church screens
Support of festivals and pilgrimages
Sustain and develop musical life
Lay worker
Sacred vessels and vestments
Repair Altar Frontsl
1.500
1.51)0
6,000
17,942
12.000
200
3,500
4&642
GOVERNAIYCE COSTS
2025
2024
Allocated overheads:
ACS Admin Support
3.000
3,000
Direct Costs
Independent Examination Fee
2.975
2,835
Total
5,835
ANALYSIS OF STAFF COSTS Al￿ RE￿[uNERATIoN OF KEY MANAGEMENT PERSOIYNEL
The charity has no employces: staff costs are thcrefore nil (2024 - nil).
16-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Reglstered Charity No. 1082897
NOTES TO THE FINANCIAL STATEMENTS {Continued)
For the year ended 31 January 2025
10. TANGIBLE FIXED ASSETS
Sacred
Vessels
Fixthre$,
Fittings &
Equipment
& Regalia
Total
COST
l Fcbruary 2024
Additions
35,433
6.292
41.725
31 January 2025
35,433
6.292
41,725
ACCUMULATED DEPRECIATION
l February 2024
Charge for the year
31.768
1,996
5,667
78
37.435
2,074
31 January 2025
33,764
39,509
NET BOOK VALUE
31 January 2024
3,665
625
4,290
31 January 2025
1,669
547
2,216
17-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Charity 1082897
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31 January 2025
11. FIXED ASSET INVESTMENTS
CCLA
InvestD)eDts
Market value at 31 January 2024
Gains l (Losses) in the year
Investment additions
4,073,645
313.287
Market value at 31 January 2025
4J86,932
Madcet value at 31 January 2023
Gains l (Losses) in the year
Investment additions
3,843.674
229,971
Markel value at 31 January 2024
4.073,645
2025
2024
Inveslments per Type..
Multi-asset pooled funds
Pooled Fund- Bonds
4,379,501
7,431
4,066,475
7.170
86,932
4 073 645
Investments are held primarily to provide an investment return for the charity. They are listed on a reCO￿lSed
stock exchange. Holdings in common investment fijnds, unit trusts and open-ended investment companies are at
the bid price. The basis of fair value for quoted investments is equivalent to the market value, using the bid price.
Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).
Details of investhjents comprising MO￿ than 50/0 of the market value of the tot￿ investment wrtfolio are as
follows:
2025
2024
CCLA - CBS Capital Growth Fund
CCLA Fund
614,832
3 677.650
567,690
3 427681
84%
l8-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registsred Charity No. 1082897
NOTES TO THE FINANCIAL STATEMENTS {Continued)
For the year eDded 31 JaDllary 2025
12. DE￿oRs
2025
2024
Prepayments
986
13.
CREDITORS: Amollnts falling due witbin One year
2025
2024
Accruals
4,672
2,835
4,672
2,835
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted Unrestricted
Funds
Funds
Total
Tangible Fixed Assets
Investments
Current Assets
Creditors: amounts falling due within one year
2,216
4,386,932
69,201
(4,672)
2,216
4,386,932
69.201
(4,672)
4,453,677
4,453,677
The unrestrtcted fimd is for the furthrnce of the objects of the Confiaternity:
(a) to honour Jesus Christ our Lord in the Blessed Sacrament of his Body and Bl(M)
(b} to pray for one another at the EucharisL
(c) to observe and promote careful preparation for Holy Communion including the Eucharist fasL
(d) the reverent and dignified Celebration of the Eucharist and the reservation and veneration of the Blessed
SacramenL
(e) the continuance of the Catholic priesth￿
(fj Catholic theological teachin& learning and developmenL
-19-

THE CONFRATERNITY OF THE BLESSED SACRAMENT
Registered Cbarity No. 1082897
NOTES TO THE FINANCIAL STATEMENTS (CoDtinued)
For the year ended 31 January 2025
15.
FUNDS RECONCILIATION
Balance at I IDcoming Outgoing
February Resources Resources
2024
Investments Balance at 31
gaiD￿(lo$se5)
January
2025
Restricted Funds
Unrestricted Funds
4,121,854
101,245
(82,709)
313,287
4,453,677
121,854
101345
(82,709)
313387
453,677
16. FINANCIAL COMMITMENTS
ital commitments
At the year end the Charity committed to. but not paid grants totalling £nil (2024.. £nil).
There were no other capitsl commitments autlM)rised and contr¥ted for in the year (2024 - £nil).
17. IYOTES TO THE CASH FLOW STATEMENT
Reconciliation of net incomel(expeDditure) to Det cash flow
from operating aetivitiej
2025
2024
Reconciliation of net income/{expenditure) for the rep)rting period
(as per the statement of financial activities)
Adjustments for:
331,823
204,248
Depreciation charges
(Gainsylosses on investments
Dividends, interest and rents from investments
Decrease/(in¢rease) in debtors
Increasel(decrease) in creditors
2,074
(313.287)
(99,353)
986
1,837
2,073
(229.971)
(98,008)
(75)
135
Net cash (used in) operating activities
121598
Analysis of usb and Cash equivalents
2025
2024
Cash in hand and at bank
Total cash and casb eqllivalents
69,201
69,201
45,768