Charity Registration number 1123034 Company Registration number 6453716 The Society of the Little Flower (Limited by Guarantee) Reports and Accounts 31 December 2024 The Society of the Little Flower Legal and Adminlstr8tive Information Trustees The Most Reverent Miceal O'Neill O. Cann. The Very Reverend Carl Markelz O. Carni., BBA, MA The Reverend Robert Colaresi O. Carn]., MA, MRS The Very Reverend Christian Korner O, Carni Bro. Paul de Groot O. Cann Charity Reg. No. 1123034 Company Reg. No. 6453716 Reglstered Address Whitefriars 35 Tanners Street Faverham Kent ME13 7JW Accountsnts Borucki & Co. (Chartered Accountants) 42 Radnor Road Harrow Middlesex HAI IRZ Bankers Natwest, 47 Carfax, Horsham RH12 IFD. Sollcltors Stone KRng LLP 13 Queen Square Bath BAI 2HJ The Society of the Little Flower Trustees, Report 31st December 2024 The trustees (who for company law purposes are the Directors) present their report and accounts for the year ended 31 st December 2024. Organisation In 1974 the Order of Camelites, a religious order in the Roman Catholic Church, established a charitable trust, the "Carmelite Order General Fund". This was changed in 2004 to the "Society of the Little Flower" In 2007 the Trustees decided to create a company limited by guarantee with the same airns and objectives, also called "The Society of the Little Flower" This company was incorporated on 14 December 2007. under a memorandum and articles of association, and registered as n. 6453716. The Charity Commission gave charitsble status to it on 3 March 2008. The charitable company officially began its activities on 18 June 2008 when the previous charitable trust transferred its assets to it. At the end of 2022 the trustees decided to stop fundraising, to make the staff redundant and to close the Horsham office. The Society has contacted donors to inforni them but continues to accept legacies. Principal Aims The general objects of the Charity are the advancement of the Roman Catholic religion, by means of the establishment or furtherance of any charitable works carried on by. or under the control or supervision of members of the Order of Carn]elites, and by means of the provision of scholarships and bursaries for the education and training of priests or members of the Order. Funds spent on education and faith building cannot be given a monetary valu¢ under the present reporting regime. Publie benefit The Trustees have consulted the guidance made available by the Charity Commission for England and Wales on the Public Benefit requirement of the Charities Act 2006. The Trust¢es are confident that they have complied with their duty under section 4 of the Charities Act 2006 in that they have had due regard to public benefit guidance publAshed by the Commission. Income Received In 2024 just over 400 (2023 1,000) unsolicited donations have been returned. The Society had clearly been meeting a need in its donors to help others in the spirt of Thérèse. The Society despite inforniing donors continues to receive direct debits and other automated donations directly paid into its current account which can only be stopped by the donor. The Society received £5,480 in donations and £17,848 in legacies in 2024 Monies Disbursed 2024 In the process of closing the society down its investments were realised and transferred to the Curia (£1,500,000) to be used in accordance with the wishes of the donors. In addition, the restricted funds of £8,070 was sent to CAFOD to be used for relief in Ukraine. The Society of the Little Floiver Trustees, Report 31st December 2024 Trustees, responsibilities with regard to the accounts The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financiaI statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. mak¢ judgments and estimates that are reasonable and prudcnt. state whethei. applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting record5 that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardin8 the assets of the charitable company and hence for takin8 r¢asonabl¢ steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are awar¢'. there is no relevant information of which the charitable company's accountant is unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant infomation and to establi sh that the accountant is aware of that inforniation. Risk Assessment The Trusiees have assessed the major risks to which the charity is exposed, in particular those related to the governance, operations, finances of the Trust. as well as those relating to the external economic environment and the regulatory framework in which the Trust operates. Objectives accomplished in 2024 The Horsham otyice was returned to the landlord in June. The investments have been realised and transferred to the Carmelite Curia. Objectives set for 2025 The Trustees are explorin8 how best to maintain the spirit of the society. The Trustees will continue to close doHm the activities of the society, keepin8 records for statutory requirements and hope to discharge the remainder of its liabilities. Signed on behalf of the Trustees on Paul de Groot. O. Carni. The Soclely of the Little Flower Indopendent Examlner's Report to the Trustees ol The Socleiy of the Llttle Flower I report on the accounts of The Society of the Little Flower for the year ended 31 December 2024 which comprise the Staiemeni of Financial Aciiviiies, BalanLe Sheet, Statement of Cash Flows and related notes. This report is made 801ely to the charily's trustees. as a bTrly, in accordance wilh Section 145(3) of the Charities Aci 201 l. My examinaiion has been Undertaken so Ihat I mighi state to the charily's I￿SteeS those matters we are required lo slate lo ihem in an aindependent ex(uniiier's report and for no other purpose. To Ihe fullest exienl permitted by law, I do noi accepi or assume respon5ibiliiy 10 anyone other than the charity and the ¢harity'5 Iruslees as a body, formy examination, for Ihis repon, or for ihe opinions I have lormed. R88POCtlve re8pon81bllltle8 of tru8tee8 and the Independenl examlner The chariiy's ￿￿￿[eeS you are responsible for the preparation of the accounts. The ¢harity's tru%lee% consider an udil is noi required Ihis year under section 144(2) of the Charities Act 2011 (Ihe 2011 Act) and thul an independent examinaiion is needed. It is my respoi)sibilily to.. examine ihe accounis under section 145 of the2011 Acl: lo follow the procedures laid down in the General Direciions given by the Charity Commissioners under seclion 145(5)(b} of the 201 I Aci, and lo Sta￿ whether particular matters have come 10 my aneniion. Bas18 of Ind•pand•nt examlner'8 report My examinaiion wus carried oul in accordance with the General Directions given by the Charily Commissioners. An examination includes a review of the accounting records kept by Ihe charity and a comparison olthe accounis presented with Ihose records. It also inLludes consideration of any unusual ilcms or disKIo8ures in the aLLounLS, and 5eekin&y explanations from you as Irust¢es cun¢ernfftng any such matiers. The procedures undertaken do noi provide all the evidence Ihot would be required in an audit, ￿)d con8equently I do not express an audit opinion on Ihe view given by (he accounts. Independoni examlner's Statement In connection wilh my examinlltion, no matier has come 10 my attention., (l ) which gives me reasonable cause to believe that in any material respect the requirements: 10 keep accounting records in accordance with section 130 of the 2011 Acl: and 10 prepare aLcounis which occord with ihe accounting records and comply with the 4iciouniin8 ￿qUIreMentS of the 201 l Acl. J I Borucki FCA Borucki & Co Chartered Accountants 42 Radnor Road HAL IRI Signed on The Society of the Little Flower Statement of fmancial activities (Incorporating an income and expenditure account) for the year ended 31 December 2024 Genernl Development Restrlcted Tot41 Genergl Developmeni Restdcted fund fund fund Notes fund rund fulld 2023 Ineomt Voluntsry Income Donations Legucies InveN¢ment Income lnlere.sl Oiher Income Profit exchange Miscellaneous income Totsl Income 5.479 17,848 5,479 17,848 60,508 80.222 60.50¥ 80.222 24.690 24,690 26,522 26,522 358 21x1 167.810 358 21K) 167.810 48.017 Expendllure R*lylnA fuDd$ Fundrai$in8 expenditure Charllable a¢ilvl¢ie$ Don&iions GuvernanLe ii)%i$ Toiol expendliure 9J.318 93.318 275,325 275.325 1.51M).tXKI -S,988 8,070 1.508.070 17.971 14,734 408,030 117,971 14,734 408,030 8.070 1.609 376 Totsl Incomt I￿ expendlture 11.553.289) 18.0701 (1.561,3591 (240.2201 1240,220) Nei gains (108gesl on investmer (10,7581 110.7581 66,209 06,209 Net Income lexpendllure) before t￿￿terts 11,564.0471 18.070) 11.572.117) 1174.0111 1174,011) Tra￿￿rerS b¢lween funds Nel movemeni In fund8 1.090,265 1.6YO,265 1,516.254 (1,690.2651 11.5fA.047) 18.0701 {1,572,117) (174,011} B*l4n¢es brwiht forwATd l J*nuary Bolanees ¢Arrltd torw&rd 31 Deeember 2.(X)6.508 442,461 8,070 2.014.578 442,461 2.188.589 I,E140,.$67 490.2J4 1.690 265 2,(K)6.508 8,U70 8,070 St*iemeni of tot&l re¢o8nl8ed Ind lo￿¢8 The charity hA5 no rtto8rti5ed gains or1055e5 Other than Ihose shown above and iherefore no separuie statement of to¢al 8ain3 4nd loyyes has be¢n prep8r¢d. The Society of the Little Flower Balance Sheet as at 31 December 2024 Company Registration number 6453716 Notes 2024 2023 Fixed assets liii'esttnents 1,507.489 1,507,489 Current 48set9 Debtors Casli at bank and An hand 23.224 491.165 516.389 448,461 448,461 Credltorg: amounts falllng due M'lihln one year (6,00() (9,300) Net ¢urren¢ Il#bllllles IIAbllltles 442.461 507,089 Total assets le8s eurrent IiAblliti¢i 442.461 2,014,578 Total ￿Set8 442.4C) I 2,014,578 Represenled b).: Fundy and reyern"e8 Uiiresirictcd funds General funds Desig1￿ted fuiids 442.461 2.006.508 442.461 2.IN16,508 8.070 2,014,578 Resiricted funds 442.4C)I Paul de Grool 0.carm Trustee Approved bi. Ilie Irust¢es on The Society of the Little Flower Statement of cash flows for the year ended 31 December 2024 Note 2024 2023 Cash used in OP¢Tating a¢tii'iti¢s 11.564,1251 (3JO.042) Cash flom's from ini'esiiiig 8civiIi¢s Ini'eslmeni income Proceeds of invesiinenl sales Purcliases of ini'esiinenis Cash proi'ided (ll￿11 in investing activilies 24.690 488.947 26.522 1.043,438 (15,450 1.054.510 513.637 Decrease in rasli and cash equii'alenis in l'ear 11.050.488) 724.468 Movement In )'ear (De¢r¢ase) increasc in fi1511 al blS: AIllOUllt• Illllng due wlthln one y￿r 2023 Exprt* creditors Other crdiiofs 9,300 6,C 9,300 9 Restrleted fundi At31 December 2024 Ai l Januw Incomin8 2024 r¢souT¢eB Utiii5edl realiyed Ukrainiun upp￿1 8.070 8.()70 18.07U} 18.0701 UkTainiHn appcal funds collrcteAI ￿ 4¥sisi the carmelit￿ in Ukrnirte. 10 An¥41y51s ofnet Assets betwe￿ funds Gtner•l fund DÈsl¥nAted Restrlcled ruDd8 2024 TaThsible fixed &&4ets Current &4seL8 Creditors.. aniounts fallin8 due within on¢ year 448.461 16.(XX)I 442.461 448.461 16.(KX) 442.461