2023-12-31-accounts

Registered Charity Number 1093506

THE COMMUNITY OF THE FRANCISCAN FRIARS OF THE RENEWAL

TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees’ Annual Report for the period

From 1 January 2023 to 31 December 2023

Charity name: The Community of The Franciscan Friars of The Renewal Charity registration number: 1093506

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
SORP ref
Summary of the purposes of the charity as set out in its governing document Para 1.17 The trustees shall hold the trust fund and its income upon trust and apply them towards the following objects: (a) the relief of poverty, particularly among the destitute; and (b) the advancement of the Christian religion.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The Community’s main activities are the relief of poverty and the advancement of the Christian faith. The Community works primarily with the vulnerable, including children and young people, the poor and the destitute. The wider public also benefits from the Community’s religious activities. The Community seeks to relieve poverty by providing practical help to the poor and destitute, particularly in the form of food, clothing, temporary shelter, showers and transport. On occasion financial assistance is given for home utilities. Many of those who seek assistance from the Community have difficulty manoeuvring through the governmental social services. Help is, thus, regularly offered to fill out forms, offer references, provide a mailing address and advocate on behalf of the less fortunate. The members of the Community also seek to serve the poor and the wider public through prayer ministry, providing spiritual instruction and encouragement. The Community does not charge for any of its practical or spiritual services. However, in return for the provision of some spiritual services, beneficiaries often make a “free will” contribution towards the Community’s expenses.

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	Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38	The Charity’s foundations rely heavily upon the assistance of volunteers for the running of the apostolates and their work with the poor. St. Pio Friary (Bradford) and St. Fidelis Friary (London) maintain soup kitchens, showers and clothing distribution possible only through the generous participation of volunteers. St. Columba Friary (Derry) operates a drop-in centre/café with which the friars are assisted by volunteers.
Other

Achievements and Performance

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SORP reference
The London foundation was able to continue its
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Achievements and Performance	Achievements and Performance	Achievements and Performance
SORP reference
		The London foundation was able to continue its
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	“in house” lunch program on Tuesdays and Thursdays. In addition, clothing, haircuts and showers were available on Wednesdays. In each of these areas, there was a continued marked increase in recipients following the Covid pandemic and initiation of the Ukraine crisis. Financial assistance continued to be offered for utilities, food and other essential miscellaneous items. All of these were provided on a “as requested/ as needed” basis. In addition to the “hands-on” work with the poor, the friars were involved in evangelistic and spiritual care of the poor through home visits, telephone conversations and street ministry. On a monthly basis, friars and volunteers would go out into the streets to search out and assist those living rough.

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Monthly spiritual conferences, days of recollection, parish missions and annual retreats were offered to the general public. There were regular requests to make presentations to both Catholic and non-sectarian schools on the life and work of the friars with the less fortunate members of society. The Bradford community continues to develop its spiritual ministry in the heart of the city with the daily celebration of Mass, adoration and the availability of spiritual counsel at St. Patrick’s Mission Church. Monthly gatherings are offered for Christian formation. In addition, similar to the London foundation, retreats, days of recollection, parish missions and school visits are offered. The friars have been able to re-establish its “in house” soup kitchen three days a week. Similar to the experience of London, the friars have noted a significant increase in those utilizing their services. The friars in Derry have continued to develop their ministry of hospitality at the Padre Pio Café. This facility is a drop-in centre/ café which offers a safe place for fellowship, spiritual counsel, and a cup of tea.

In addition, the brothers work at a local Catholic secondary school offering counsel and spiritual guidance to the students. Similar to the other facilities, the friars conduct parish missions, days of recollections and retreats. Once a month the Derry friars facilitate a Healing Service at the local parish. On a weekly basis, people gather for discipleship training - prayer, teaching and socializing - at the friary.

In all of the ministries and works of the friars - both temporal and spiritual - a continued increase has been observed and increased. These works are possible through the generous support and assistance by numerous volunteers and gracious benefactors. Only through this generous support could the work of the friars be possible and maintained.

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Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

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The charity’s results show a deficit of
£58,091 (2022: £39,291) for the year and, as
a result, total funds were £458,962 (2022:
Review of the charity’s
£517,053) at the year-end.
financial position at the end Para 1.21
of the period
Reserves are divided into restricted
reserves, which may only be used for the
purpose for which the funds were donated,
and unrestricted reserves, which may be
used for any purpose approved by the
trustees. Restricted reserves comprise
sums donated specifically for projects the
trustees have identified as providing
particular benefits to the community, and
Statement explaining the include the Catholic Underground Project,
policy for holding reserves Para 1.22 Poverty Relief Project, St Joseph’s Parish
stating why they are held Hall Project, St Pio building fund,
Retreat/Associated programmes fund and
two Regional funds. The trustees’
unrestricted reserves policy is to hold
sufficient funds to cover six months
expenditure. Unrestricted funds stood at
£422,773 at the balance sheet date, of which
£105,517 is represented by fixed assets.
The remainder of £317,256 is sufficient to
support the trustees’ reserves policy.
Unrestricted reserves stood at £422,773,
Amount of reserves held Para 1.22
and restricted reserves at £36,189.
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any
uncertainties about the Para 1.23
charity continuing as a going
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concern

Additional information (optional)

You may choose to include further statements where relevant about:

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The charity’s principal
sources of funds (including
any fundraising) Para 1.47
Investment policy and
objectives including any
social investment policy Para 1.46
adopted
A description of the principal
risks facing the charity Para 1.46
Other
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Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	Trust Deed (dated 29 July 2002, as amended 2 January 2007, 28 April 2014, 27 May 2020 and 25 July 2022).
How is the charity constituted?	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by existing trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

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Reference and Administrative details

Charity name	The Community of The Franciscan Friars of The Renewal
Other name the charity uses
Registered charity number	1093506
Charity’s principal address	St Fidelis Friary Killip Close Canning Town LondonE16 1LX

Names of the charity trustees who manage the charity

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Name of person (or body)
Office (if Dates acted if not
Trustee name entitled to appoint trustee (if
any) for whole year
any)
Rev Bernard Marie Murphy, Treasurer
1 The trustees themselves
CFR
2 Mr Paul Hirst The trustees themselves
Fr Christopher Joseph
3 The trustees themselves
McBride, CFR
4 Fr Tansi (Peter) Ibisi, CFR Secretary The trustees themselves
5 Fr Michael Kmiotek, CFR Chairman The trustees themselves
6 Mr Henry Rocks The trustees themselves
Rev Tristan Paul Gavazzi
7 The trustees themselves
CFR
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– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this fall within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

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Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Trustees’ expenses:

The Community meets the very modest living expenses of its members, which include some trustees. During the year, this expenditure did not exceed £5,000.

Related party transaction:

The Trustees confirm that there were no related party transactions during the year.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Fr Bernard Murphy Full name(s) Fr Bernard Murphy Position (eg Secretary, Trustee Chair, etc) Date 2 October 2024

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w™i FOR ENGLAND AND WALES	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	Charity No (if any) 1093506 Period start date 01/01/2023 To Period end date 31/12/2023 THE COMMUNITY OF FRANCISCAN FRIARS OF THE RENEWAL ——————	i
Section A Statement of financial activities	Section A Statement of financial activities
Recommended categories by activity Incoming resources (Note 3)		Guidance Notes	Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds £ F03			Total funds £ F04	Prior year funds £ F05
Income and endowments from:
Donations and legacies		S01	198,332	35,278		-		233,610	253,757
Charitable activities		S02	28,695	-		-		28,695	34,084
Other trading activities		S03	-	-		-		-	2,400
Investments		S04	-	-		-		-	-
Total		S07	227,027	35,278		-		262,305	290,241
Resources expended (Note 5)
Expenditure on:
Charitable activities		S09	206,297	108,913		-		315,210	248,850
Other		S11	5,186	-		-		5,186	2,100
Total		S12	211,483	108,913		-		320,396	250,950
Net income/(expenditure) before investment
gains/(losses)		S13	15,544	(73,635)		-		(58,091)	39,291
Net gains/(losses) on investments		S14	-	-			-	-	-
Net income/(expenditure)		S15	15,544	(73,635)		-		(58,091)	39,291
Extraordinary items		S16	-	-		-		-
Transfers between funds		S17	(40,104)	40,104		-		-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use	Gains and losses on revaluation of fixed assets for the charity’s own use	S18 Gains and losses on revaluation of fixed assets for the charity’s own use	-	-		-		-	-
Other gains/(losses)		S19	-	-		-		-	-
Net movement in funds		S20	(24,560)	(33,531)		-		(58,091)	39,291
Reconciliation of funds:
Total funds brought forward		S21	447,333	69,720		-		517,053	477,762
Total funds carried forward		S22	422,773	36,189		-		458,962	517,053

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Section B Balance sheet

Fixed assets Tangible assets (Note 8) Heritage assets Investments Total fixed assets Current assets Stocks Debtors (Note 9) Investments Cash at bank and in hand (Note 10) Total current assets Creditors: amounts falling due within one year (Note 11) Net current assets Total assets less current liabilities Creditors: amounts falling due after one year Provisions for liabilities Total net assets or liabilities Funds of the Charity Endowment funds Restricted income funds (Note 12) Unrestricted funds (Note 12) Revaluation reserve Total funds Signed by one or two trustees on behalf of all the trustees	Guidance Notes B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 B21	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 - - - - - 105,517 - - 105,517 117,702 - - - - - - - - - -
		105,517 - - 105,517 117,702
		- - - - - 11,973 398 - 12,371 16,853 - - - - - 310,023 35,791 - 345,814 382,498
		321,996 36,189 - 358,185 399,351
		4,740 - - 4,740 -
		317,256 36,189 - 353,445 399,351
		422,773 36,189 - 458,962 517,053
		- - - - - - - - - -
		422,773 36,189 - 458,962 517,053
		- - - - - - 36,189 - 36,189 69,720 422,773 - - 422,773 447,333 - - - -
		422,773 36,189 - 458,962 517,053
		Date of approval dd/mm/yyyy 02/10/2024 Fr Bernard Murphy Print Name Signature Fr Bernard Murphy

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• the Statement of Recommended Practice: Accounting and Reporting by Charities

• • and with*  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 the Financial Reporting Standard applicable in the United Kingdom and Republic of

• • and with*  Ireland (FRS 102)

• and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*



• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a Not applicable going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Not applicable Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees Not applicable prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

Yes  * -Tick as appropriate No Please disclose: (i) the nature of the change in accounting policy;

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(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

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Yes 
-Tick as appropriate
No
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one
or more future periods.
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1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

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Yes 
-Tick as appropriate
No
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts,
the amount of the correction for each account line
item affected; and
(iii) the amount of the correction at the beginning of
the earliest prior period presented in the accounts.
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Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.1 INCOME

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This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or
additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
 it is more likely than not that the trustees will receive the resources; and Yes No N/a
 the monetary value can be measured with sufficient reliability. 
There has been no offsetting of assets and liabilities, or income and expenses, unless required or Yes No N/a
Offsetting permitted by the FRS 102 SORP or FRS 102. 
Yes No N/a
Grants and donations are only included in the SoFA when the general income 
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the
Yes No N/a
extent that the charity has provided the specified goods or services as entitlement to the
grant only occurs when the performance related conditions are met (5.16 FRS 102 
SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in Yes No N/a
the estate and any conditions attached to the legacy are either within the control of the

charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period

Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift Yes No N/a
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or

the terms of the appeal have specified otherwise.
Contractual income and
performance related This is only included in the SoFA once the charity has provided the related goods or Yes No N/a
services or met the performance related conditions.
grants 
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods exchanged) unless impractical to do so. 
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised 
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
Yes No N/a
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from 
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes No N/a
and included in the SoFA as incoming resources when receivable. 
Gifts in kind for use by the charity are included in the SoFA as income from donations Yes No N/a
when receivable.

Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
facilities the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate

heading in the SOFA.
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Volunteer help Grants with performance conditions 2.3 ASSETS The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA. Accrued income No material item of accrued income has been included in the accounts. Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP. Tangible fixed assets for use by charity The depreciation rates and methods used are disclosed on page 7. Intangible fixed assets Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Settlement of insurance claims Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. 2.2 EXPENDITURE AND LIABILITIES The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions The charity has creditors which are measured at settlement amounts less any trade discounts Redundancy cost The charity made no redundancy payments during the reporting period. Creditors Governance and support costs Income from membership subscriptions Income from interest, royalties and dividends Liability recognition Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. They are valued at cost or a reasonable value on receipt. These are capitalised if they can be used for more than one year, and cost at least £250 They are valued at cost. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a  Yes No N/a    Yes No N/a  

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Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, Yes No N/a
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation 
rates and methods used as disclosed in note 16.
Yes No N/a
They are valued at cost. 
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year Yes No N/a
end. The same treatment is applied to unlisted investments unless fair value cannot be 
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a Yes No N/a
maturity date of less than 1 year are treated as current asset investments 
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable
Yes No N/a
progress value.

Goods or services provided as part of a charitable activity are measured at net realisable value based
Yes No N/a
on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Yes No N/a

Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at
Yes No N/a
settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they
are measured at the cash or other consideration expected to be received.

Current asset The charity has investments which it holds for resale or pending their sale and cash and cash
investments equivalents with a maturity date less than one year. These include cash on deposit and cash Yes No N/a
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due. 
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. 
POLICIES ADOPTED Depreciation policy:
ADDITIONAL TO OR Motor Vehicle - 25% reducing balance
DIFFERENT FROM Property Improvements - straight line over 20 and 25 years
THOSE ABOVE Fixtures and equipment - straight line over useful economic life (between 10 and 30 years)
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Section C Notes to the accounts (cont)

Note 3 Analysis of income

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Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 188,998 35,278 - 224,276 230,521
and legacies: Gift Aid 9,334 - - 9,334 9,008
Legacies - - - - 8,148
Grants - - - - -
Membership subscriptions and sponsorships
which are in substance donations - - - - -
Donated goods, facilities and services - - - - 6,080
- - - - -
Total 198,332 35,278 - 233,610 253,757
Charitable
Mass and preaching stipends 28,695 - - 28,695 34,084
activities:
- - - - -
- - - - -
Other - - - - -
Total 28,695 - - 28,695 34,084
Other trading Income from rentals - - - - 2,400
activities: - - - - -
- - - - -
Other - - - - -
Total - - - - 2,400
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 227,027 35,278 - 262,305 290,241
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Section C Notes to the accounts (cont)

Note 4 Donated goods, facilities and services

Refurbishment works Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services. See accounting policies Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. None Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers. The Community is grateful to its many volunteers. Vehicles Independent examiner's and accountancy fees Equipment	This year Last year £ £ - 880 - 3,100 - - - 2,100
	- 6,080
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.
Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.

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Section C Notes to the accounts (cont)

Note 5 Analysis of expenditure

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Unrestricted Restricted Endowment
funds funds funds Total funds Prior year
Analysis £ £
Expenditure on Direct charitable expenditure:
charitable
Travel and meeting expenses 55,844 - - 55,844 41,029
activities
Depreciation - leasehold improvements 7,396 - - 7,396 7,396
Depreciation - motor vehicle 2,599 - - 2,599 2,755
Depreciation - fixtures 677 - - 677 923
Ministry expenses 44,752 2,200 - 46,952 43,884
Food bank supplies - 12,601 - 12,601 -
Alms for the poor and soup kitchen 5,490 40,002 - 45,492 49,910
Community welfare 11,947 - - 11,947 10,273
Evangelisation, Catholic Underground and
- 8,325 - 8,325 12,244
Pro-Life activities
Grants:
To further Pro-Life activities - 1,540 - 1,540 3,235
To further the work of evangelism - 19,565 - 19,565 13,415
To further the relief of poverty - - - - 700
For retreats and associated programmes - - - - 300
Establishment expenses:
Repairs and maintenance 8,451 24,680 - 33,131 12,289
Utilities 37,010 - - 37,010 32,591
Rent 12,600 - - 12,600 13,000
Insurance and taxes 3,618 - - 3,618 4,906
Website costs 15,000 - - 15,000 -
Loss on disposal of fixed assets 913 - - 913 -
Total expenditure on charitable activities
206,297 108,913 - 315,210 248,850
Other
Accountancy fees 2,370 - - 2,370 1,100
Independent examiner's fee 2,370 - - 2,370 1,000
Legal fees 446 - - 446 -
- - - - -
- - - - -
Total other expenditure 5,186 - - 5,186 2,100
TOTAL EXPENDITURE 211,483 108,913 - 320,396 250,950
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10

Section C Notes to the accounts (cont)

Note 6 Details of certain items of expenditure

6.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees	This year Last year £ £ 2,370 1,000 - - - - 2,370 1,100

11

Section C Notes to the accounts (cont)

Note 7 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

7.1 Analysis of grants paid (included in cost of charitable activities)

----- Start of picture text -----
Grants to Grants to Support
Analysis institutions individuals costs Total
£ £ £ £
To further Pro-Life 1,540 - Nil 1,540
To further the work of evangelism 19,255 310 Nil 19,565
Total 20,795 310 Nil 21,105
----- End of picture text -----

Please enter “Nil” if the charity does not identify and/or allocate support costs.

7.2 Grants made to institutions

My charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site.	No Please provide details of charity's URL. Yes Provide details below

Yes Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site.	Provide details below
TOTAL GRANTS PAID Support Support Precious Life Human Life International (Ireland) NET Ireland St Edwards Catholic School Support Support Support Support Rachel's Vineyard Support Madonna House St Patrick's Mission Support Other grants Support Total grants to institutions in reporting period Sisters of Mary Morning Star Good Counsel Network Purpose Support Support Support Saint Margaret's Church, Canning Town St Helen's Primary Aschool Names of institution Craig Lodge Trust	Total amount of grants paid £ 8,275 5,000 1,500 1,130 1,000 1,000 800 600 540 400 300 250
	20,795 310
	21,105

12

Section C Notes to the accounts (cont)

Note 8 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

8.1 Cost or valuation

----- Start of picture text -----
Freehold Property Plant, Fixtures, fittings Total
land & improvements machinery and equipment
buildings and motor
vehicles
£ £ £ £ £
At the beginning of
- 162,320 18,550 10,296 191,166
the year
Additions - - - -
Revaluations - - - - -
Disposals - - (6,800) - (6,800)
Transfers * - - - - -
At end of the year - 162,320 11,750 10,296 184,366
8.2 Depreciation and impairments
Straight Line
("SL") or
Basis SL or RB SL or RB SL or RB SL or RB SL or RB Reducing
Balance
("RB")
Rate 4% & 5 % SL 25% RB 3.33% & 10% SL
At beginning of the
- 62,480 7,633 3,351 73,464
year
Disposals - - (5,287) - (5,287)
Depreciation - 7,396 2,599 677 10,672
Impairment - - - - -
Transfers - - - - -
At end of the year - 69,876 4,945 4,028 78,849
8.3 Net book value
Net book value at the
- 99,840 10,917 6,945 117,702
beginning of the year
Net book value at the
- 92,444 6,805 6,268 105,517
end of the year
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13

Section C Notes to the accounts (cont)

Note 9 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Please complete this note if the charity has any debtors or prepayments. Note 9 Debtors and prepayments
9.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total	This year Last year £ £ - - 3,179 7,845 9,192 9,008
	12,371 16,853

14

Section C Notes to the accounts (cont)

Note 10 Cash at bank and in hand

Note 10 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year Last year £ £ - - - - 345,814 382,498 - -
	345,814 382,498

15

Section C Notes to the accounts (cont)

Note 11 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

11.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts

Trade creditors

Payments received on account for contracts or performance-related grants

Accruals and deferred income

Taxation and social security

Other creditors

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Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
- - - -
- - - -
4,740 - - -
- - - -
- - - -
Total 4,740 - - -
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16

Section C Notes to the accounts (cont)

Note 12 Charity funds

12.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Pro-Life Fund R To further Pro-Life activity - 248 (1,540) 1,292 -
Poor Fund R To further the relief of poverty - 29,050 (40,002) 10,952 -
To hold donations for Catholic
Catholic Underground R 7,566 579 - - 8,145
Underground project
Evangelism R To further evangelism in communities - 30 (27,890) 27,860 -
St Pio House (formally St To hold for the repairs of St Joseph's
R 44,244 5,371 (24,680) (2,250) 22,685
Joseph's Parish Hall) Parish Hall
St Pio Building and Food Bank To renovate the Apostolic Centre and to
R 10,351 - (12,601) 2,250 -
Fund refurbish a cellar to provide a food bank
To hold donations for retreat and
Retreat/Associated programmes R 6,204 - (2,200) - 4,004
associated programmes
St Fidelis Regional Servant To hold donations for St Fidelis' regional
R 755 - - - 755
Fund fund
St Pio Regional Servant Fund R To hold donations for St Pio's regional fund 600 - - - 600
To hold donations for general purpose of
Unrestricted Fund U 447,333 227,027 (211,483) (40,104) 422,773
the charity
Total Funds 517,053 262,305 (320,396) - - 458,962
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17

Section C Notes to the accounts (cont)

Note 12 Charity funds (cont)

12.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure * Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U -

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Pro-Life Fund R To further Pro-Life activity - 317 (3,235) 2,918 -
Poor Fund R To further the relief of poverty - 18,208 (28,424) 10,216 -
Covid-19 Relief Project R To help the disadvantaged 15,000 - (15,000) - -
To hold donations for Catholic
Catholic Underground R 6,505 1,061 - - 7,566
Underground project
Evangelism R To further evangelism in communities 11,389 370 (25,659) 13,900 -
St Pio House (formally St To hold for the repairs of St Joseph's
R 45,404 - (1,160) - 44,244
Joseph's Parish Hall) Parish Hall
To renovate the Apostolic Centre and to
St Pio Building Fund R 16,746 - (6,395) - 10,351
refurbish a cellar to provide a food bank
Retreat/Associated To hold donations for retreat and
R 7,659 1,000 (2,455) - 6,204
Programmes associated programmes
St Fidelis Regional Servant To hold donations for St Fidelis' regional
R 755 - - - 755
Fund fund
St Pio Regional Servant
R To hold donations for St Pio's regional fund 600 - - - 600
Fund
To hold donations for general purpose of
Unrestricted Fund U 373,704 269,285 (168,622) (27,034) 447,333
the charity
Total Funds 477,762 290,241 (250,950) - - 517,053
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18

Section C Notes to the accounts (cont)

Note 12 Charity funds (cont)

12.3 Transfers between funds

----- Start of picture text -----
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds To finance a deficit on restricted funds. £ 40,104
Between endowment and
restricted funds
Between endowment and
unrestricted funds
----- End of picture text -----

12.4	Designated funds
	Planned use	Purpose of the designation	Amount

18

Section C Notes to the accounts (cont)

Note 13 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

13.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee Legal authority (eg order, governing document)	Last year Remuneration Pension contribution Redundancy (including loss of office)/ex gratia Other TOTAL £ £ £ £ £ Amounts paid or benefit value This year

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

13.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)

----- Start of picture text -----
FALSE
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The Community meets the very modest living expenses of its members, who include trustees. In addition, total travel and sundry expenes were reimbursed to seven trustees. During the year under review, this expenditure did not exceed £5,000 (2022: £5,000).

Accommodation Other (please specify): Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity Travel Subsistence Type of expenses reimbursed	This year Seven TOTAL Last year

20

13.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period (True or False)

There have been no related party transactions in the reporting				period (True	or False)				TRUE
										Amounts
Name of the trustee or related party	Relationship to charity	Description of the transaction(s)		Amount		Balance at period end	Provision for bad debts at period end			written off during reporting
										period

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

21

Section C Notes to the accounts (cont)

Note 14 Leasing agreements

Minimum lease payments on non-cancellable operating leases fall due as follows:

More than five years Within one year Between one and five years Total	This year Last year £ £ 12,600 15,346 10,400 10,400 26,000 28,600
	49,000 54,346

22

Independent examiner's report on the accounts

Section A Independent Examiner’s Report	Section A Independent Examiner’s Report	Section A Independent Examiner’s Report
Report to the trustees/ members of		The Community of The Franciscan Friars of The Renewal
On accounts for the year ended		31 December 2023 Charity no (if any)1093506
Set out on pages		One to twenty-two of Form CC17
		I report to the trustees on my examination of the accounts of the above
		charity (‘the Trust’) for the year ended 31 December 2023.
Responsibilities and basis of report		As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the
		2011 Act’).
		I report in respect of my examination of the Trust’s accounts carried out
		under section 145 of the 2011 Act and in carrying out my examination, I
		have followed all the applicable Directions given by the Charity Commission
		under section 145(5)(b) of the 2011 Act.
Independent examiner’s		The charity’s gross income exceeded £250,000 and I am qualified to
	statement	undertake the examination by being a qualified member of the Association
		of Chartered Certified Accountants.
		I have completed my examination. I confirm that no material matters have
		come to my attention in connection with the examination which gives me
		cause to believe that in, any material respect:
		1. accounting records were not kept in respect of the Trust as required by
		section 130 of the 2011 Act; or
		2. the accounts do not accord with those records; or
		3. the accounts do not comply with the applicable requirements concerning
		the form and content of accounts set out in the Charities (Accounts and
		Reports) Regulations 2008, other than any requirement that the accounts
		give a ‘true and fair view’, which is not a matter considered as part of an
		independent examination.
		I have no concerns and have come across no other matters in connection
		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.
	Signed:	Alfonso Del Basso Date: 2 October 2024
	Name:	Alfonso Del Basso, FCCA
Relevant professional		Fellow of the Association of Chartered Certified Accountants
qualification(s) or body
		Keelings Limited, Chartered Certified Accountants and Chartered Tax
	Address:	Advisers, Broad House, 1 The Broadway, Old Hatfield, Hertfordshire, AL9
		5BG

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