Chariiy Reoisiration number 112_10_34 Companv Reoistration number 6453716 The Society of the Little Flower (Limited by Guarantee) Report and Accounts 31 December 2023 Borucki & Co Chanered .4ccounthnis 42 Radnor Road Harrow. hliddlesex, H.Ikl l Ri
The Society of the Litile Flower Report 8nd accounts Contents Page Reports Leoal and #dministr#tii'e infornjarion Independeni F.xarniner's Report Indep¥t]d¥t]l ¢xatlliner's report Aeeounts Statcmcni of financial aciiNiiics BalancL S1Cl S[amen1 ot Lash nows No5 to the a¢¢ounts io
The Society of the Little Flower Legal and administrative Information Trustees The Most ReTr*'ereni Miceal (YNeill O. Car The lery Rci'crcnd Carl Markilz O. Carni.. BBA. MDiv. The Reiircnd Rok.n Cnlarcsi O.Cami. NIA. MR8 The Rei'erend Francis Kernsley O. Catrn.Idied 8ih (kiokr 20231 The Very Rel"ere[ Christian Korner O. Cattn Bro.Paul (k Gri)oi O.Carrn Principal office Ivhitrfriars 35 Tannets Sirtti Fai"etsham Keni ME137JU Charity registration number 1123034 Company Registration number 6453716 Auditnrs Boruuki & Co {Charted .4cLounn1 42 Radnor Road Harrow Midlesei HAI IRZ NatWesL 47 Carfdx, H015hatD RH12 IFD. Solicitors Sione Kinu LLP 13 Queen Square Bath BAI 2HJ
The Societ) of the Little Flower Trustees, Report 31 December 2023 The trnstees (who for company law purposes are the Directors) present their report and aLcounts for the year ended 31 December 2023. Trustees The following act as Trustees of the Charity and Directors of the Limited Liability Company: The Most Reverent Miceal O'Neill O. Carm. Prior General of the Carmelite Order The Very ReveTend Carl Markelz O. Cann. fornier Bursar General of the Carmelite Order The Reverend Robert Colaresi O. Cami- fonrler Director of the US and Canadian Society of the Little Flower. The Reverend Francis Kemsley O. Catm- Prior. The Friars. Aylesford (died 8th October 2023) The Very Reverend Christian Korner O. Cann. - Bursar General of the Cannelite Order Bro Paul de Grooi O. Carni Organisation In 1974 Ihe Order of Carmelites. a religious order in the Roinan Catholic Church. established a charitable trust, the "Carmelite Order General Fund" This was changed in 2(KM io the "Society ot the Little Flower" In 2(M)7 the Truslees decided to create a coinpany liinited by guaTantee wilh the same aiTns and objectives, also called 'The Society of the Liiile Flower" This cojnpany was incotTrated on 14 Deceinber •7, under a IneinoranduIn and articles of association, and registered as n. 6453716. The Charity Commi55ion gave charilable status lo it on 3 March 2(M)8. The charitable cotnpany officially bean its activities on 18 June 2008 when the previou5 charithble Irust transferred its assets to il. The siaiulory power of appointing tLUStee% lie5 with the existin(F Trustees. In the light of the implementation of the GDPR in May 2018 across Europe, the Trustees concluded that they would not be able to inak-e an agreeineni with either the Society ot the Little Flower in ihe US nor with other foreign ihird-party suppliers that would satisfy the requiren]ents of the new Dala reginie. It was decided therefore that oi'er the course of ?018 the two organi5alions would break their ties. This process was beoun in ?018 and was not complete at year-end. tn ihe first Iwo months of 2019 ihe former data base. Prosper. was siill used. A8 a resuli of greai efforL8 by the staff, it was possible in MarLh 2019 to Iransfer all donor data to a system called ThankQ. This is a Customer Relationship Manager (CRM) pr(Kluced by Access Accounting, fully compliant with all dara and privacy requireinents 8nd used by a nuinber of leading charities in the UK. such as Missio, Children in Need, Ihe Samariians and the Siroke Associalion. At the end of 2022 Ihe Irusleeg deLided to slc)p fundraisino to make the staff redundant and lo close (he Horsham oifice. The Sociely has conlacied donors 10 infonn them bui coniinue.8 10 accept legacies. Principal Aims The general objects of the Charity are the advancement of the Roman Catholic religion, by means ot the esiablishmenl or furtherance of any chariiable works carried on by, or under the control or supervisioii of nieinbers of the Order of Cannelites. and by ineIS of the prolision of scholarships and bursaries for the educaiion and training of priests andlor members of the said Order.
The Societ) of the Little Flower Trustees, Report 31 December 2023 In a particiilar way, bui wiihoui prejudice to ihc forcooin(F oi.-crall aims, Ihe Socicry of thc Liltlc Flower %eek% to %pread devotion to St. Therè%e of Lisieux. a Carnlelite nun who died in 1896 and ofien referred to as .he Little Flowerf-. and in this way 10 help people grow in Iheir Chrisiian faith. Funds spenl on education and faiih buildin<p cannol be. oiven a moneiary value under the present reporting regime. Charitable expenditure comprises those costs incurred by the charity in rtherance of the Lhdrity'8 1)bjeLtive% and represeT]l% the Lc)st c)f gixids dnd %erviLes c)ther Lo%l% that hdi'e been incurred in charitable a¢iivities. Il includes l)oth costs that can be allocated directly to such aLtivitie8 and those COS1% of an indireLi nature nece%%ary to Support them. G()vernanee LO%ts include those costs a8wciated with meeting the constitutional and Statutory requirement of the charity and include acLountanLy fees and cosis link-ed to Ihe sirategic manageinent of the Charity. Public benefit The Trustees have consulted ihe guidance made available by ihe Charity Commission for England and NITales on the Public Benefil requirement ot the Charities Act 2(M)6. The Trustees are confident that they have complied wilh Iheir duly under section 4 of the Charities Aci 2006 in that they have had due regard to public benetit guidance published by the Coininission. Since March 2023 just over unsolicited l.(K)O donations hai'e been returned. The Society had clearly been meeting a need in ils donors to help otliers in the spirt of Therese. The Society despite inforniing donors COT]tinues to receive direct debits and other automated donations directly paid into its CUTTenl account which can only be stopped by the donor. Monies Disbursed 2023 The principal source ot the donation inade by the Society of the Little Flower to the Curia each year continues to be money given by supporters of the Society in Great Britain and Ireland. The donation to the Curia- in 202_3 amounted to EIIX).(K)0 (£87,(XM)) to continue support the ongoing projects of 2022. The reLipients of ihe Socieiy s donation via the Curia were atsreed in advanLe by the Tn]slees and copies of reports from Ihe i'arious projects sent io both ihe General Bursar of the Order in Rome and ro the offlces of ihe SoLiety in England. Summary of Projects Supported from Rome in 2023 Project Ainount in Euros 53,000 18,000 10,000 Students in Rome M07dmbique Forniation Kenya Formation Easl Timor fornialion Cc)l()Tnhia Mis%ion Nc)vitiJte La VeuJ
The Societ) of the Little Flower Trustees, Report 31 December 2023 Books Kenyalcolombia Support for Carnielite Students from Developing Countries During the pasi year. the SoLiety of the Little Hower nded seven postgraduate students in Rome. The students corne from several Carnieliie proN'inces in the dei'eloping world- East Timor, Vietnam. Indonesia. India and Kenya. The Curia supports this number of studenis because li believes ery strongly that gil'ing a good education to friars from these areas is the best investment for the future. Well-trained Carmelites Can work wiihin the Order on iniernal forniation and educational programmes withoul having to draw on outside and ofien expensive ekpenise. Seiondly. the men who obtain advanced degrees can work ihernselves in universilies. colleges and serninaries providing a good source of external incoine for their coimnunities. Support For Developing Countries Tn Africa, (Kenya, and M07.ambique), Asia (F.asi Timor) and South America (Colombia), the Society has continued to support the fonnation of student5 to the Cannelites and the work of the Carmelites in minislering lo ihe poor and marginalised. Trustees, responsibiliti&s with regard to the accounts Th¢ Irusl¢cs {who arc also lh¢ dircciors for lh¢ purpos¢s of company law) ar¢ r¢sponsiblc for preparing the Trusiees, Annudl Report and Ihe finanLial %iaiements in &eL()rddnee wilh applicable law and Uniled Kingdom Accouniing Sthndard.8 (Uniied Kingdom Generally Accepled Accounting PraLlice). Company law requires the Irusiees to prepare financial slalemenL8 for each f1nancial year h]ch give a trne and fair view of Ihe situalion of Ihe Lhariiable company and of the incoining resources and applica(ion of resources. including Ihe income and expenditure. of the chariiable company for ihat period. In preparing these financial siaieinents. the trusiees are required to.. select suitable accouniing policies and (hen apply them consislently. observe the niethods and prinLiples in the Charities SORP. make judgments and estimates that are reasonable and prudent. state whether appliLable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements; and prepare the tinancial slalenients on the going conLern basis unlesg It is inappropriate to presume that the chariLqble company will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with Teasonable accuracy at any lime the financial position of the charitable company and enable then] lo ensure that the financial statenients coniply with the Coinpanies Act ?006. They are also responsible for safeguarding the se15 of the charilable coTnp(Iny and hence for taking re(()nable steps for the Prevention av]d detection of fraud and other irregularities. In so far as thc trustCC8 awarc: theTe i% nc) releVt dudit iT]formdti()n ()f whiLh the chtable Li)mpany'.s audit()r i unawarc; and the Irusiee.% have tdk-en dll %lep4 ihat they c)utrhi ti) have taken t() n]dk'e them.%elwe% awarc ol any r¢l¢vani audil inlorniaiion and io csiablish Ihai ihc audilor is awar¢ of thai inf()mi1lic)n. The trustees are responsible for the maintenance and integrity of the corporate and financial infomlltion included on the charilable company's websile. t£gislaiion in Ihe United Kingdom
The Societ) of the Little Flower Trustees, Report 31 December 2023 govcrnino the preparation and disscminaiion of financial statements may differ from Icgislation in other juri.4dictions. Rlsk A&seksnient The Trustees have assessed ihe major risks lo which the charity is exposed, in particular those Telated to the governance, operations. finances of the Trust, as well &$ those relating to the extemal eLI)nc)miL enviri)nment the reouldtc)ry frdmew()rk IT] which the Tru%t ()perdte%. The Tru8tee8 review these risks on a regular basis and a satisfied that systems are in place to tnitigdte expo%ure tc) Tnajcir ri4ks fr()Tn wiihin the Sc)Liety. On the ()ther hand, the Tru%tee% recogni£e that the external risks the Society faces are importani. but difficult to nianage. One sei ()f risks relating lo the ability of the Sle[Y to meet the need8 of it8 benefiLiarie8 i8 the changed public perception of fundraising in the UK and beyond. So far there ha8 been no adverse reaction lo the Socieiy, bui the Tnlsiees are moniioring this Lareft]Ily. Paradoxiially, the eater risk lo the Socieiy is the possible changed regulatory environmeni which will both add considerable expenses and liinil the SLope of coimnunication with potential donors. Investment and Reserve Policy In 2004 the Tru8iees of the fornier Trusi esthblished the Development Fund, wilh the inieniion that inLI)i]ie w()uld be used tci prc)vide Ihe Si)Liety with Ic)ng term funding. Thi% fund hd% ni)w been Iransferred back io Ihe General Fund. The inN'esimenis held for ihis fund are being liquidated. Objectives accomplished in 2023 The Horsham office was emptied. and redecoraiion commenced. Ii will be returned to the landlord at the earliest opportunity (June 2024). The trustees have agreed to follow our lawyer's guidance in the mothballing of the charity. Objectives set for 2024 The Trustees are exploring how besi io mainlain the Spirii of the Little Flower. They have aeed io transfer tnoney to the curia to seed a fund where the donors WLshes can bc mci. Thc Trusiccs will coniinuc io closc down ihc aciivilics of ihc socicty, kccping rccords for SlalUl()ry requiTeTnent.%. S jLTrned on behalf of the Trnstees on 13 October 2024 Paul de Groot, O. Cann. Trnslee
The Society of the Little Flower Independent Exarninerfs Report to the Trustees of The Society of the Little Flower I retx)rt on rhe #¢counts of The slery of the Little Fiov4er for i1 year ended 31 Dec¢mlM 2023 wkn"¢h comprise th¢ Stciiemeni ()( Financial A¢rivifi¢s. Balance She¢1. Siaiemttni of Cash Flo5 and i¢lai¢d notes. Thi% ]L)ri is ndi 8oILly io thL" chariry's m]%iCiS, a& a body. in accordajici Triih Scciion 145131 of the Charities ALt 2011. My Lxaminaiiot) ha8 l'tin undLrtakLn $0 thai I miLTrhi %iatL" to chtiriry'% rrustLLS th()8c Mat[L wc al'e rLquifLd li) 8tatL" io ihim in an aindLTLrtdLrtt LxaminLr's rLW)rt and f()r no oihLY purp. To thL tull£81 LXILnt permitred by law. I do nor accept or a$sun Tesponsibib"ty io any(>ne other ihan ihe ihariiy and ihe ¢hariry'S trustees as a body. formy examination. for this tew)rt. or for iht opinions I haie fotmed. Respectlve responslbllltles of trustees and the Independent examlner The charity's tru5t<es you ate 1¢5ponsible foT the prepararion of the accounts. The c1]t}, 5 trustees consider an audit is not required this yeat under section 1441-1 of the clklueS Aci ?01 I (the ?01 l Act) and that an independent eXlall0 is ne£ded. It is ]ny i'esponsibility lo= - examine the accounts under section 145 of the?01 l kn- - to follow ihL PLdrL_q laid doii'n in thL" Gi[rA1 th"reciions gii'cn by Chariry Commissioncrs llndLr seciioll 14fi_Siibl ot thL *(11 l Aci, and ti) 8iaiL hithLr particular mallLY% hai'L coJrL io my attL"niton_ Basis of independent examiner's report My LAaminaiion wa% carriLd i)ut in aCLordancL With crtra1 Directions gii'cn by thL I'hariry C.ommi%sinnci'8. An Lxaminaiion inLludL% a ril'lLW (Trf thL aLC()ulliinLTr fcLord% kLPi hy IhL Lh2riiy and a compariAI)n nf Ihc aLcounis presented %4th ihi)se reLords_ li ¥l%o in¢ludes Lonsi(lei#iion of any unusual items (Ir disclosure% in the aLcounis. and seekints explanaiions (tom you as inJste¢s ¢otJ¢em](w any such mailers. The piwedures und¥ildk¢n do pwvid¥ dll th¥ ¢fvid¥nL¥ ihiil .()uld r¢4uired in audil, and Lons¢quenily I do not express audil vpinivn the view. given by the aLruut]Is. Independent examiner's statement In conncLtion '1th my Lxaminaiion, no matter h&% corne th my &(teniion- 111 whi¢h gives me reasonable Cause io believe thai in any n1¢[131 respect (he requirements= 10 keep aLLountino rcLoids in ac¢otdaJ]ce (h se¢iion 130 vf ih¢ 2011 ALI", and lo prepate aLcounls which accoid w'ith the accoullliuu record5 alld cotDply the accouulin(y requiremenls of the 2011 Aci. J l Bonicki FC.A Borucki & Co Chartered AccollntanLS 42 RddnuT Road Sioned on 13 Iktober 2024 FL41 IRZ
The Society of the Little Flower Slatement of financial activities (incorpornling income and expenditure account) for (he year ended 31 December 2023 General DevekbpDni Reriti£d Trfal General Develupmenl Re51riited fund rund fund ruDd ruDd 2011 2022 Income 'oluntary income )Daiion4 Legdci& InYLsLmenl income Divid¥nd (l).ill8 (I).5n8 657.469 ?6.n85 6•n.6?• ?6,Q85 36,847 80.??? 8Q.??? A5.4.fO 1.07? 15.4. 1.07 SI.} 51.(KX) Other income Pr(Trlii ¢xchan8e Miscelknneous JncoD -l.f8 -1.58 9.7.f? 471 471 orants Tolal income 167.810 167.810 744.777 6f6.9.lQ SI.N) -16.847 F.xpenditure Rmising funds FundrdisiD8 expenditure Charitable activities T)onaiions (i0iernJe cost Totsl ewnditurc ?75,I?5 731,088 731,088 76.of 8 1?.9.%¥ I.0?0,104 14.734 408.ORO 14.7.14 408,0_10 884,571 1_10,5?7 Tothl less expe1ltUre 1?40.?101 [?75.-1?71 12?7,(J411 45,994 193,6801 r%ei gains I105se&l on inveStll f<p,?JP) 19_1,-3521 Net InLOme lexpehdlturel before tramrfer5 1174,0111 (368,6791 1?97,6411 147,3581 {93,6801 I'run¥fer¥ belll'cen Nct movemcllt in tund5 .690.?6j 11.W76ji 1516.?54 11,690 ?651 1174,0111 (368,6791 1?97,6411 147,3581 {93,6801 Ilal#nce& brought forwrd l Januar). 490.?54 Ral#n¢es carried forward 311)eL'ember ?.(Kkn. jl)S 1.690 ?65 8.070 8.070 7 18¥.S¥9 ?.014.578 717.89 490.254 101,7fif) 8.070 ) 188.589 1.69n.?65 t&Lemenl Thr tthI reeognised gal and The chariti bas no recogsed 8aiDS or losses IthT thaD tknse aknve 3nd re[(e separatr ststetlleDt of tth3183ins a[ losses has been prepared.
The Society of the Little Flower Balance Sheet as at 31 December 2022 Company Registration number 6453716 NOIL 2023 2022 Fixed assets TangiblL a88LIS JnvL8rmLnts 255 1,764.479 1.764,734 1.507.489 1.507.489 Current assets Debtors Cash at baDk aDd in hand 41,812 471,486 513.298 491.165 516.389 19.679 Credlturs: amounts falilnx due within one )'ear 10 (9.31Kb) 189.4431 Net current liabilities liabilities 507.089 423.855 Total assets less current liabilities ?.014.578 2,188,589 Total net assets .014.578 2,188.589 Represented b).: Fundq and reserTres UutesltiLled luDds General funds Designated funds ),(X)6.508 4.254 1,690.265 2,180.i19 8.070 2.188.589 ?.(K)6.508 8.070 ?.014.578 Restricted lldS Paul dt Gr(K)i O.Carni TTUSie¥ Approved by the trustees on 13 Oclobei ?024
The Society of the Little Flower Statement of cash flows for the year ended 31 December 2023 Note 2023 2022 Cash used in operaiing aciiviiies {710,0421 1225,0711 C&sh floivs from invesiing aciviries Jnvestment incolne Proceeds ol Investment sales Purchases ol investments Ch provided (used} in inTr'esting activities 26.5•2 1,04.3.4.38 {15.4501 1.054.510 51,(K)O 148,0421 2,958 De£rease in cash and cash equivalellts in year 724.468 (222,1131 Movement in year {Deureasel inLre&ge in ¥&sh ai bonk and in hand {DeLreasel inLrease In cash held on deposil 19,679 704.788 724.467 (325.0691 102.956 (222.1131 A. ReevnLill#tion of net movement in funds to net fash Ilvw from opEratin% activitles 21123 2022 Net mnvenieni in funds Deduct investni¢ni income Add depreciaiion and anM)rtizaiion Add loss on disposal (yt assets AddlldeduLI) nei on iveMents. Jncrease {decrease) In Lreditors (Increase) decrease in debiors {174.0111 (26,5?91 136R,6791 (51,(K)01 255 •55 {66.•tWI (80.1431 16.588 {330.0421 93.352 45,624 55.377 (225,0711
The SoLYety of the Little FioH'er Notes to the accounts for the Trear ended 31 December 2023 l Accountlng ENblleles B95isorpParn1•0 and rfgoingconrern The acLi)unL% bllt preparLal historiial ithl COMIrtl10 14.ith irn$ TeiOgniI tti L(k41 tr tran%wtiOrt i'allle llnle£s i)thenviSe £tat&l in the relei'.Int notels) 10 the%e tlnI8. The financial ¥knMents haie Len ]wra in aLOrdanCe v'ith the Statement of Recommended Practice." Aciounting and Reptirtg b?" Charilies preparing iheir accollhts in accdae y.ith Financial R4kning Sknndard Jpplicable in the UK and Republic of Ireland IFRS 102) iSSUtd on 16 Jul). 1014 and Financial RL7X1ng Standard aA)licabk ITh the United Kingdom and Republic of Ireland IFRS 102) and Charities Act !01 l. The tiii4 consiitute5 a public benefit eniiry defiNed bl" FRS 10? The triisiees coll51der1h1I iheTe are maierial uncer&iiniies aiwi Tru4'sabiliry loclinueas going wCern. Ttran%aciitsn% in foreigrt currencies ate recorded ai the rate n]ling at tk of ik bansadioll. m[Man. assets and liabilities denominated itt foreion currencies are iranslated at the rate of exchante rllling ai the balance shed datL All diff<rtnces are taken to the wfit lo£s account. TangibleftTed assets t£asehold Inipim'ement5 are amonized in 4ual instalTneNts ihe of ihe kase. All oiher asse15 C05tinD more than £I.(m a[ wilh exed lifeof ttwe ihan }raf afe rdpitali5ed. I)e{Klailn Is proNided at the follo14.illg anniial rai¢$ in OTdeT to ott each thEr lis¢iedU$erl life.. Plant. equipTnenl. Iixiures and liiiingg on C1. Afwr fiNc )r¥ plani. L4uiW¥1. lixiurtyg fiMin95 wirh a w ixx of 17 ar¢ of rh¢ ar£wlS thc opinifft of Ihc Truslws %u¢h has¢ d nuuliBibli rc4idual i-aluc. dre a form (if h&%iC finanLial in%ininkmt and 2rL" illitiall!" tecooniSLMI At tlir tTan4%L'litsm I'alut and %uh%uet1j. ngured Ai Ihiir fair vallle aL the balance %htet date UNing the clik4ino 4llOted market et_ The %tsitment of financial aeiil'iti&4 1cl[5 The tI gain% attd Ii)£se£ arising on revaluation &nd disposal% thrLwghLWt year. The Charil?. d(s not acquire (ytions. deriN"atii'es or hercOMpA financial instrnmeThts. The [nlin forni of f1nancial risk fac by the chariry is th of volatilit%" in equitj" nwkets and Inl'estnn niarkets due to lder econLMiiC conditions. the altitude of investors to risk. and ch3n8Ls in seni¢nnt ¢(eMIng quiiie5 aDd within particular Sectors or sub seaors. All gaiDS and Ios5e8 are taken to ihe SiaienKDI rf FInaCIal AC11NIti as they arise. Realis gains aNd 105ses on Invesmien15 are Calculat as ihe dil"lerence kNTreen 5ale¥ pr{eedS and their1 carr%"ino oriheir purchase I(w1rj biibsequeni io ihe firs1 day of ihe finallcial year. Unreali%ed gain& and are calciilaied ihe dIt.tere l"ten Ihe faiT I"a]ue Near end and I1r Caing value. Realibed and unreali5ed inY¢slmEnl JITLS and Ise¥ areCombitd in ihe SiaiEnKni of Fiwcial,IciiTriii4¥. FuDd aecountlng The general fund conipritses ththe nni¢S. Trthich Triay toTrwds nwing the charithble ObjriveS ol the chariry ai ihe dibcretion of the Tn]sieeb. The funds dre set dside (10[ gera1 funds dts"igThakd fpecific putp)&esby iheTrustres. The T£rIcted flind¥ are nKmie5 re1ved foT siKcific Taxatlo The ihdfit) Is d registered chdr1. dnd therefore is liabk for income tsx or c(xrArdtiLM lax iThc4 dthv&l fn)Th its chdfitdble aCt1Vities. It fdlls '11h1n the i-drioiib e¥eniptions dl-dildbk registerd chariti 2 Net IVenllt ID fund5 Thts ts si&ied afier ihargthg Gfu¢ral fuDd General fu]Jd 20 2022 Funds Staff costs lttote 31 Jludiior5 remuneration AiCLry]nting and other DepreGiatsoD of assets 47.473 47,473 )(W,364 JO.68 3 Staff costs GfocTrl Genera] Fu Fund Wdgeb and (2(L1371 59_220 5.)12 1_258 l.i98 (20.137) 59.2X i.512 1.258 1.598 2.34 idl seciiriiy costs 14.492 6.551 3.933 14.492 6.551 3.933 Stdff h1th plan 47.47. 47.47.3 ThL averdge nUTnbtr of Lmpltsye&4. by funttion *'¥5". FUd[dIS1g Tl151[alle No eTnploJee received Tnore than1().(K) in Ik yEafQT in Ik WE17(sycr. No tru%ite recei¥ed dni reMUtrdlio in ytrdror in pYeiiW5 year. io
The SoLYety of the Little FioH'er Notes to the accounts for the Trear ended 31 December 2023 4 Cast of ge]tI[g funds Fundr9isIDg 2022 Fvttd Funds Nf8ding prthlllillort attd di%tribulM)L loote 51 Dortor li alld da$t Ffilment pre1e Ejnployees ProJnotiona] event% QDd adv¢rtLSing Webqite cofit. OffiCeexns )41.1)29 1ti,819 9582 68,877 ??9,34) 9.5S? 68.877 97.5 47.473 97.566 47.473 17.813 11.897 1.17.46 7.11.ny 114.5fFI 775.3ry5 137.46: 7.41.fB8 S pr{KIliOn #nd distributio House ?41.0)9 241.0?9 The tnisiees aTe iinable io qiiantify I1 value of Pral 1r¢th coniained lihin ihe Co5 HotIe[ ih acquisiiioll and house tnall1¥S are iniended io offertheir rderS mly chari"5 aniTriiie5 I1 also motal guidance aTrJ 5pirittkil 8UPP)rt. G¢neThl Fund 6 t FuThJ Funds Audilors remunerntion Accountac) fees Trusiets travel and Sllbsisttht Jfft6?8 10.628 14,7.14 12,9.58 Tte¢S travel and sub5iM¢Dce c(KDpti5e5 ihe trav¢L acc(¥DttKkn a1 sub5i5tr c(ws ol tru5¢5 wbo aty Jjth of tbc CaTJncbtc Ord. Exp¢I5¢5 illruttcd wbth att¢lldin8 ltU51cjj awj whilcfjD inSri vi5it5 tOFxviccrs iYillg fuDdcd. 7 Tangib1eftcd assets t*sthtsld ui Tolal Cffit -4l l Jattuary 20?3 ddiiion5 DispK AI.31 2023 1_17,473 4,619 1117.47_1) 14,6191 (142.092) IkpreL.laih)ti At l January 2021 l-har¥L fi)r Ik. yrar On dispo15 Ai.hl I)LCC[ll 2023 1137.473) 14,-3641 1141.837) 177.478 4,-364 141.837 Net b¢x)kvaille At 31 Decethr ?0?3 At 31 Decertr_ffj22 255 255 8 IDTre5tments 201 2022 Listed [D}.tmentS Market value at l JAnllat)" •(P_3 Additiolls ai cost le pr()cee&% tr(kn diswsa Gain (loss) m )'eAt Market valllÈ At 31 tkL'emkr 1023 1.461.48.1 15.450 11.(W_I.4.381 o.:io 4W.7O5 l..5(kn.793 48.049 (93.359 1.461.483 On dews11 l.LTh)7.784 .i07.489 302.996 1.764.479 Co%¢ of Ii¥tcd invE¥lTncnts ai 31 2023 34J.918 9 DEbto 23 2022 PrepaJmtntg Surtdry ddAor% rniortie reL0veble on donatiotts )5.224 2.626
The SoLYety of the Little FioH'er Notes to the accounts for the Trear ended 31 December 2023 10 Credit(M7- fallin%du¢ with] OnE)"ear 2022 l)ther tAxt% artd QLur]t) F.xpen%e LYedili)T% Other crtilitor% 9,3 8r),19n 9.-3rJ) li DeSigllatedfuL8 A131 Decembet At l Jallw ]llc{]ng [klOP¢t fuDd (1.69),?6.5) The deve]opmeni CLl of fllDds &si(k allOW for the fund1ngrf1lS. 12 Resttieted futtd5 Ai l J2nttzry Inct>Thintr ri4)UrL Uli115r(V Dw¥Tnb¢r 2(r22 Ukrainian appeal TiTnor 7.96.1 8.070 8.070 Ukrainian appeal funds co]kcied to assisi th¢CaT]ell ID LTrraiDe. Timi)r." FundgeollectLxI as a rtwit olart eJbWÈDLi regtding tht [lts in FaTIJI. 13 .4lIsi of nct assets belM"e¢u fund funds 2011 Tallgible fLxed a&8ets C.'utrertt assets CreditlW5'. falliDg due withill one year %.D7 -$16_489 19.300) -SC)7,1189 12