NorrINGHAM ROMAN CATHOLIC DIOCESAN TRUSTEES Company Llrted by Gvarantee Number 7151646 R8Jlatted Ch￿ty Number 1134449 ANNUAL REPORT AND ACCOUNTS for the year ended 31ST MARCH 2025 St Hugh's House, l Gistle I￿ayi Nottlngham, NG7 IFW Telephone: 0115 953 9800 Page 1 of36 NOThIN MAN CATHOLI (A company Ilmited by guarantee) OCESAN TRUSTEES 'Re ort ended 31st March 2025 The Dlrectors present the4r report and the con￿lIdated atxounts ft)r the year ended 31 Mard) 2025 whlch were approved by them on 29 January 2026. These comply wlth the Chorities Act 2011, the Companie5 Act 2006, the Memorandum and Artlcles of Association and Accountlng and Reporting by Charities.. Statement of Recommended practi￿ appllcable tr) charÈtles preparing their accounts In accordan￿ with ihe Finamial Reporting Stsndard applicable in the UK and Republlc of Irdand (FRS L02) wlth effect from I" January 2015. The report Is both a trustees. annual retX)rt and a directo￿, report Ltnder company law. The Directors who served durfng the year and w) to the date of this report are set tyjt on page 11. The charlty Is referred to as 'the Dlc(ese" in thls Annual Rewt and Accounts. ECT ES The objects of the Dlocese are.. The advancerRent of the Roman Cathollc ￿lgIOn In the wea of the Roman Cathollc Dlocese of Nottlngham as determlned tjnder the law5 of the Roman Catholk Church and in accordance with them. The advancement of any charltable purpose wNted by the Roman Cathollc Church In part of the world, The DILKese of Nottlngham comprises the malty part of the East Midlands. It extends to the north from Maiple Brldge on the outsklrts of Manchester and south to Lutterworth, east to the Uncolnshire coast. and west to Burton-on-Tfftnt. It Indudes the rollowlng clvll adfflln15tratlve areas whlch refleci In some cases the cc4Jnty boundarfes as ttrw were in 1850 when the DI0￿Se of Nottlngham was erected by the Apostollc Letter'unlversdls Ecdeslae. rather th￿ as they are toaay.. Countles - Nottlnghamshlre (other than the dlstrlct of Bassetlaw), Dtyhlre (other than the areas of Bamford, Chesterfield, Clowne, Dronfield, Eckington. Hathwsage and Staveley), Leicestershlre (other than the a￿a of Market Harborough whlch Is south of the River Welland), Uncolnshire (includlng the Clty of Lincoln and exdudlng the area east of the Rlver Nene and the area of Stamford which is South of Ihe Rlver Welland), Staffordshlre (the area of Burt￿ on Trenl north of the River Trent) Unltsry Area Authorities - North Uncolnshire, Northe& UncolnshI￿ and Rutland citles - Nottlngham, Derby and Lelcester Metropolltan Boroughs- Part of Stockt#Jt (Morple Brldge, east of the Rivw5 Eiherow and Goyt). The main activltles of the [￿c￿se conslst of w(1shlp, evangelisation and falth ethxation In Its parlshes and chaplain(ies, and chaTilable support and assistance to all Ytho live withln their boundaries and externally. The second commandment of all Is to °love thynelqhbouras thyself." (Mark XJI.. 31, referring lo Lemllcus XJX:18). 'So, falth by Itself if ithayno bvork5, Is dead." {James 11; 17). The rnere believing of the truths of faith without any effect on our livesls valueless for eternal salvati￿. In relatlon to "Public Benefit. the Dlrectors who have had regard to the Ch￿"ty Commlsslon guidance on publlc beneftt, rep)rt on some of the activities of the Dl(we as fdlow5: A PersonalEncounter with Jesus: Every ￿50n is helped to eYw1en￿ GLMI'S love and to grow In an ever-deeper personal relationship with Christ. Help and practical resources to enth people to glow In prayer and In their engagement Mlh the Sacraments, such that it is normal for the majority of people across our dic￿eSe to have a daily prayer time and routinely speak about the dlfference thi5 makes, with many more people gaining a deep appleciation of the centrality of the Eucharist, espedally In Sunday Mass. and of Eucharlstlc Devotion in exwessiThJ our love of God and neifv in the living out of our falth. Provtslon and maintenance of bulldlngs US￿ for religiou5 waCti￿, inclu(lirKJ churche5 and meeung room5 used for related activities e.g., rellglous Instr￿tIOn thildren ￿luIts, ConductÈng of relNJious cerernonies e.g., the ￿lebration of Masses as well as marriages, funerals and the provf5ion of the Sacraments generally, Page 2 of 36 IA cornpany limited by guarantse) Dire rthe ear ended 31st Marth 20 maintenan￿ of public churchyards and ometerle% pro￿￿On and MaIntenan￿ of rel￿￿￿ or devotlonal artefacts a￿1 Items used In religK)us wviees, rituals or PTacUces' rellglov5 stsined-glass ￿￿doW5 and of art In pla￿5 of worthip. Pass(ve advancemenv r outreach. Deanerysetvlce Hubs andStrengthenlngAdministratlon In 2025, the Dlocese began the introduttion of Deanery Servlce Hubs to reduce admlnistrative burdens on clergy and Improve local support. Pilot hub5 in North and South Llncolnshire will become Increasingly operational during 2025-26, with further hubs plallned in subsequent years. These hubs will streamline HR, finance, safeguardingi property and compllance processes, freeing clergy to focus on sacramental mlnlstry, visiting the sick, pastoral care and mlsslon leadership. Page 7 of36 orriNGH OMAN CATHOLIC DIOCESAN T (A company limited by guarantee) EES Irec for t March Youth and YoungAdultNlnAstry Working clO￿lY wlth ￿$￿er (harilies INottlngham Roman Catholic t*￿e53n Youth SeNce and NottlThJham Rornan Cattw)Flc Di0￿san Educatlon SeNice), the Dlocese wlll imKknert four mafvr Innovat￿ aimej at.. bulldlng cultu¥es of actompaniment and disdpleship fur people, supportEng parIS￿based youth mln15try, developing high*uality events and retreats, stiengthenlng fllh formatkjn wthn farnllie& A Di(Ke5an YIMJth Forum WHI be Introthjced by 2026 to provide synodal Itstenlng and shared leadershlp with young Calhollcs. MIs￿On Enabling FundandFundraMink7 Campalgn The Enabllng Our Mlsslon Carnpalgn. launthed In 2024, will cortlnue across the Dl¢xe5e thKwgh 2025-26. seeklng to r￿se up to £8 mllllon over flve years to wpport parlsh misslon initiatlves, leader5hSp ￿elopmen¢ rjergy SiVF*)rL and eva￿e11Satlon projects. By December 2025$ pledges exceeded E4.L mllllon, woth 75% elbjlble for Gift Akl. Herltaqe and PropertyPlans Wlth support from the Nalknal Lottery Herltage Fund, the Restotlrrfj Defvery Pha5e15 taklrKJ pla￿ across 2025 and 2026, transformlng slgnlflcant areas of the Cathedral Interlor antj prov(dlng Opport￿lieS fw her6tage skllls trainlngi cornmunlty engagemen¢ Interpretstlon Improvements and dlgltal Visit￿ experknces. The Dlocege wlll also malntsln Its rolling programme of qulnquennlal InspÉthorstr prwty rnan￿ement Wem expanslon, and contlnued Investment In health and safety Smprovanents parlshe& ParlshAccountlng Internal flnandal management and control systems contlnue to be develoFed to Improve the financlal Informatton avallable to par15hes and the Board. Implernentatlon of the Onllne Parlsh Admlnlstratlon System {OPAS), used by over half of UK dloceses, con￿n￿eS, and Is experted to be completed In all dlocesan W4)es by the end of 2026. Addltlonal i￿kkeepIng resour￿$ are also belng made avallable to parlshes. These steps, together Wth the Deanery Serv1￿ Hubs alm to addre55 the dlfficullie5 many parlshes have experfenced In malntalnlng accurate ftnanclal records and maklng timely #aiutory and Glft-ald submls5tons. 4A The Health and Safety Committee of the Board Is con￿n￿a￿¥ strlvlNJ to Improve Its systems and waclJte5 In the Dlocese In conjunction wlth the flim of Heaf(h and Safety adv15ers selected by the tHoce*'s In￿r•S at a nauonal level, and other extwnal professlonal consu￿ants and Servi￿ provlders as requlred. A programme of fire safety assessments15 belng uThlertèken for all dkxesan bulldlng& a￿1 requlred Improvements are belng Implemented. where Iden￿fled. OVE AGE The DI0￿se as a charltale companyi lknlted by guarart￿, Is goVer￿d utMJer Is Memorandum and Artlcles of ASS(￿latIOn, The Dbrectors are the rneMbe￿ of the company also appolnt new dlrector5. The Chlef Operavng Offi￿r has been appointed Charity Secretary. Major declslons are rnade by the D1￿Ctors. ott*r declslons may be delegated to commlttees or to Indlvlduals. Under the ArtIcl￿, the Bishop Is ex offido Chalrrnan. He, or if there ts no Bishop* the pewn on whom the governan￿ of the Dlocese falls, may reqllre that dedths wlth whlch he dfjsagrees be not put Into effett. The affalrs of the Di￿eSe are conducted in accord￿￿ both with the riational law of the United Kingdom and wlth the canon law of the Cathollc Church. The canon law of the CatlKAK Clwrch provides the internal fules ￿der whith t operates ￿)d speclftcally requiies that the clvll law Is generally Obser￿1. The Director5 are responsible for the managem•)t (Ithe dwky vnder the nattonal law. Tly a150 act as the Flnance Counrtl of the Dlocese under canon law. Under ranon law the College of Consultors of the DIC￿eSe must be consulted before any major acts of administratlon and before èny 5ub5tantial alienabon of prorwty. The Qmef Operating Offi￿r has been aptminted OeconDmu5 (finan￿ officer) of the Dlocese under canon law. PÈge 8 of 36 NorriNGHAM ROMAN CAT (A company limlted by guarantee) DIOCESAN TRU r5, Re ortfort ed 31st March 2025 Seniorstaffpay The pay of senior staff is deterfflirth by the DIrEcto￿, considerlNJ the wod( carried out for the previous yeari proposed for futLsrE years, publlshed remuneration suNerfs and need to pay a sufficient amount to attr￿ senior siaff to replace those leavlng the employment of the Diocese, rraining of NewDirectors New Dlrectors are provlded wlth key thuments for the t)locese, IIKI￿lIng the Memorandum arml Arttcles of Assodatlon, the latest Annual Rerx)rt and Accounts and other financial papers and the mlnutes of prevlous meetings. Unles5 already aware of thelr responsibillties as a charlty trustee they are also provkjed with copies of relevant Charfty Commission guldance. The Chlef Operdtlng Officer Is responsible for this and wlll also meet new appolntees to provlde further tr6lning on an Individual basls. Cooperation wlth OtherBod￿$ The Di¢xese co-operates with other d1(￿. It also contrlbutes, other Ca￿lIc d￿)￿e5, to a number of national organisatlons set up by the Cathollc Blshop5' confe￿nce of England and Wales, prlnopalty, the Cathollc Trust of England and Wales and the Cathollc Safeguar(Ing Standards Agency. Slck andRetired Prlests Fund The accounts of the NDSRPF (regISter￿ chadty number 510119), of whlch the DiC￿eSe15 Trustee, are consolidated wlth the accounts of the Dloce5e, Most of the assets of the NDSRPF were donated to the restrlctaj SRPF fund of the Di(Kese durlng the 2021122 financlal year. The separate NDSRPF charlty has teen retslned for the time being to accept donations and glft-ald recelpts, all of whlch are then donated to the D￿ces3n SRPF. Payments to or on behalf of the &ck and ￿tIred prlests of the Dlocese are on the basls of need by the Dl¢xese from the SRPF, usually accordlng to the recommendatlons of the Dlfxesan Clergy Health & Wellbeing and Flnance Committees. Fundralslnq FundraLslng generalty takes pl￿e In parsshes by volunteers. The Dic(ese malntains its overall responsitylity over fundralslng artlvltles. Generally, these are aSS￿lated wSth sothl events. Followlng much prayer, con51deratton and consultatron wlth dergy a￿1 lalty In 2023, it was dedd&Y to embark on a speckil fundralslng Inldative in early 2024. The Enabllng Our Mission campaign provldes us with a unlque opportunlty to help our parishes to be better supported In becomlng more outward looking and mlsslonary, while also stdvlng to ensure that the fewer prlests now available for actlve mlnistry across Ihe (Mocese are test able to serve our communlb'es. Thls Initiative underplns the four pastoral priorities of our dI￿Se. l) to take prartlcal steps to bring to Ilfe the vtsion of Encounter, Dlsclpleshlp and Mission,. 2) to equip our laity to work alongstde clergy In renewing parlshes for mL551on,' 3) to equlp and support our clergy as leaders and enablers of mlssion; and 4) to allgn dlcKesan arKI parish Infrastructure and resources to serve mls560n. The campaign alms to ensure we have the funds to finar￿ these prv)rilles, whlle also ensuring parishe5 re￿ve a dlrect share of the funds raised, so they have the resour￿ to grow in their relattonshlp with Christ and in confldence and ability to be m155ionary. The 2-year campalgn seeks to ralse £8 million over fwe years. Every parish 15 being encouraged to tske part 50 that together we can achieve our shaied vision for the Dlocese. Due to the s12e and nature of this endeavour, we have retsined the seNlces of a professional flrm who provlde the level of expertise and practs.cal support needed. CCS have many years, ex￿[lence running similar campaign5 Ill other Catholic dloceses and are belng supported by the Nottingham Central SuFV)rt team. In undertaklng fufKlralslng actlvlties attenti1￿ is given to avoid unreasonable intruslon on a person's privary, unduly perslstent approaches and undue pressure on people to gfve money or oth￿r prowty. The Di￿eSe 6 not reqvlred to register with the FUndraSsI￿ Regulator and has Tr)t dorE so but seeks, nonetheless. to malntain high standBrds. Page 9 of 36 NOTrI ROMAN (A company limited by guarantee) LIC DIOCESAN TRUSTEES ors, ortforth ded 31 RI KSA RTAI Ma￿r risks have been ¥eviewed, and systems or pr£￿ed￿eS have established to manage those risks. The maln rlsks Ilkely to affecl the DiiKese togeth￿ with ways for ameliorating these are as follows: Governance The Chlef Operating Offlcer was appointed in 2019. sin￿ that time, seven new trustee appointments have been made to the Board to strengthen the wofessional experbse availat4e to the Diocese ft)r monitoring Its operations effethvely. The structure of the Di￿eSe gives Its parlstrE5 some Independen￿ from It notwithstsndlng that their activltles remaln the re5ponslbllity of the 8oard of 01￿ctorS. Informatlon Syste￿￿$ Monitt￿ these aclivibes wlwe necessary and internal support resources alm to asslst parlshes aThJ Imwove intemal cc￿tr(l. Flnanclal The Income of the Dloce5e is m0511y achleved by volurtary contrtbutlons supplenRnted by IrKome from Investments and cash balan￿$ held, wlth some additional mIS￿lIaneOuS income. ￿r the years thls has not g￿erallY kept pace with inflatlon. During the pandemlc the Church In the dI￿eSe experfenced slgnlflcant fa115 In both Mass aLtendan￿ and parish Income. Havlng recovered somewhaL attendan￿ In 2025, at almost 27,000 (8% up on 2024), remains 12% below pre-pandemlc 2018, when little over 30,000 attended Mass. Total dlocesan Income Inc￿aSed by E2.4m, Including p&lsh legacies, whlth were up by over É2.4m. Expendlture was up by El.Om, Including costs associated with Inlual Implementation of the En*4lng Our Misslon Campalgn fvndraisng campal9n (+£329k), Other cost Increases arose In part5h dergy payments (+£223k), parfsh pastoral costs (+£165k), parish church costs (+£lllk) and central support Staff (+E305k}. Overall, parlshes across the dlocese ￿Corded an operatlng loss In the finarKial year of £243k, exdudlng legacles, grants and other exceptlonal Items. Thankfullyi due to the generoslty of our lay falthful, overall regular givrng In 2024125 Increased sllghtly more than Mass attendance, by 4% In money tern￿ compard to 2023124 (+1.3% In real terms). In real tern￿ regular glvlng rernalns 26% {£1.5m) below 2015 levels. Quinquennlal inspectSons reveal any matters requlrlng urgent attention In the properbes occupied by parfshes. Where a parish Is unable to afford these works, a dI0￿san loan may be sought, or the Po)r and Needy Parishes Fund approached to a55iSt through a loan or a grant. The cost of the regulatory dulles of the Dlocese, to achieve compllance In Health & Safety, Data Protectron, Employment and Safeguardlng contlnues to Increase. Operatlonal Deallng wlth a large amount of cash requlres ￿ setting up of S[￿al control procedure5 50 that, as far as possible, there Is always more than one Independent person present at any time when cash 15 belng handled. A review of parish admlnistrative procedures is conUnulrrfJ, with updates belng appli￿ progresgvely. Cash handliThJ is bwng r￿UCed through Increased electronic payment. By operating over a laryer area. It can be dlfflcult to communicate with the parishes or the C4ocese, Greater of electronic communlcatlons Is allevtating thls. The Health & Safety Committee of the Prf)ard recelves reports frc￿l p￿SheS, m*$ recoMm￿a￿On5 and sets out requlrements as appropriate to Improve health and safety wilhin the Diocese. Extemal heallh & s*ty professlonas are advisirtg and ass15ting the Diocese In this work, External In common wlth other religious charitie5, reputational risk arise, especially from listorfcal abuse cases. The DI0￿san Safeguardlng and Communicaborbs teams assist with the ccthlnatlon of ￿ponSe5 to [￿e$S Interest In the* or simllar maiters. Page 10of36 NOThINGHAM ROMAN CATHOLIC DIO (A company limited by guarantee) N TRUSTEES Directors. Re ort forth March 2025 EFER INisfRATIVE DETAILS Name: Nottingham Roman Cathollc D￿)n Trustee5 (referred to as the DI￿) Company number 7151646 (harlty nun*)er 1134449 Reglstered Offlce st Hugh's House I Casde Quay, Castle Boulevard Nottingham NG7 IFW Diocesan Offi & P05tal address St Hugh¥ House I Casue Quay, Castle B￿levard Nottlngham NG7 IFW Dlrectors Rlght Reveretmj P,J. McKinney STL (Olalmian of the Board of Dlrectors ex offlclo) Reverend Canon E. Jarosz (Vicar General ex officlo) Reverend Canon P, Ctspchase (Episcopal Ificar for FÉnance & Admlnlstrallon ex officio) Reverend Canon J, Kyne (Vicar General ex offiL￿) Mlss M. Casey KC (relgned 12 December 2024) Mlss K. CohcKffi LIB (resisnoj 20 February 2025) Mrs Marcella Glllesple (aFpointed 11 December 2025) Reverend Dea¢on David Kerry Mrs M. Middleton {re51gned 11 Decenthr 2025) Mrs A. Morton Reverend G. Offor (appointed 11 Oecember 2025) Mr C. S. Sowman FCA (resi￿ed 20 February 2025) HH M. Stokes KC DL Chlef Operatlng Offlcer of the Dlocese, Companylcharity Secretsry and Oeconomus: Mr Davld Lawes Page 11 of36 OThINGHAM RO IA company Ilmlted by gtjardntee) IOCESAN TRUSTEES or he ear en ROFESSIONAL AD *lndlcates organlsatlons sel up in cikopwatlon with other Calholic Droceses In En￿and Walès. Maill Bankers Lbyds Bank plc 125 Co1[￿￿e Row Birmingham B3 3SD Rotherd Bray Solicitors 2 Kayes Walk, Stoney St Nottingham NGI IPZ knights 34 Pocklingtons Walk Leicester LEI 6BU Browne Jacobson Mowbray House Castle Meadow Road Nottln9ham NG2 18J PKF Smith Cooper Audit LiJrMted 2 Lace Market Sware Nottingham NGI IPB Quilter Cheviot senator House, 85 Queen Virtoria Slreet London, EC4V 4AB 5penw Birth 8 aarendon Street Noib'ngham NGI 5 ¥Caihollc Insurance SeNI Sulle 5, Oxford House, Oxfrmd RthMI Thame OX9 2AH *Calholic Nabonal Mutual Llmlted (Incorporated In Guernsey) Malson Trinlty, Tdnlty Square Guertw GYI 4LP *lnter Di(Kesan Fuel Management Llmiled 2 Park Row South Birkenhead ￿rrdI ￿N3 4UX *ChLFrch marketpla￿ Limlted Vaughan House 46 FrarKi5 Street London SWIO IQN Employment Law Consultsnts to September 2025 Workne5t WO￿lhO[￿ thur(h Lane Aldford (Jester CH3 6JD Employment Consultants from September Mlianz Legal (knllr* (Ep￿ Legal Ltd) 2025 Salisbury House, Wheatfield Way Hinckley LEIO IYG •SafetyTooliy)x Ltd 12 Green Lar Godalming Sury GU7 3SN Sollcltor5 Solicltors (Employment) Sollcitors (Academie5) Audltor5 Investment Manager Propety Advisers Ingjrers Fuel Suppllers Stsllonery Suppllers Health & Safety Consultant Page 120136 NOThINGH THOLIC DIOC (A company Ilmlted by guarantee) Directors, Re ortfort 20 TATEM SURE OF INF TO UD In so far as the Directors are aware: there Is no relevant audit Informatlon of whlch the Diocese's audltors are unaware. and the Directors have taken all steps that they ought to have iaken to make themselves awa￿ of any relevant audlt informatlon and to establish that the audltors are awa￿ of that infomiatlon. T OF DIRE SIBILrriE The Directors are responslble for preparing the annual rekY)rt, the strateglc retKJrt and the financlal statements in accordan wlth appllcable law includlng the Companies Act 2006 and United Kingdom Generally Ac£epted Accountlng Practi￿. The law appllcable to charities in England and Wales requires the Dirertors to prepare flnanclal ststements for each flnanclal year whtch give a true and falr view of the state of affalrs of the DI0￿se and of the surplus or deflclt of the chaiity for that perlod. In preparing these flnandal statements, the Dlrectors are required to: select sultable accounting pollcles and then awly them conslstently. make judgements and esumates that are reasonable ond prudent: and prepare the flnandal statements on the golng concem basls unless It Is Inapproprlate to presume that the charity wlll continue In operatlon. The Directors are re5POllslble for keeping proper accounting records whlch dlsclose wlth reasonable accuracy at any time the flnancial p051tion of the charlty and which enable them to ensure that the flnanclal statements comply wlth the applicable law and provision5 of the trust deeds. The Directors are also responsible for safeguarding the assets of the charlty and for taking reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. IT A re501utlon proposlng the reappolntment of PKF SmSth Cooper wlll be put to the Members of the Dlocese. On behalf of the Board Rlght Reverend P.J. McKlnney Bishop of Noitlngham and Chaiman of the Board of Directo Dated 29 January 2026 Page 13 of36 INGHAM ROMAN {A company limlted by guarantee) LIC DIOCESAN TRUSTEES EPO TRU DENT FT E NOThtNGHAM ROMAN CATHOLIC DIOCESAN We have audited the financial statsrnerts of NotttThJham Roman Catholic D￿San Trustees (the'parent charitable company,) and Its subsldlarles (the'group? for the year ended 31 March 2024 which comprise the Group Statement of Financlal Activltles, the Consolidated and Diocese Balance SheeL ￿ Group Cash Flow Statement and the notes to the financl815tatements, induding a summary of significant accounting policies. The financial reports.ng fT3mework that has been applled in their preparation Is appllcable law and United Kingdom Accounts"ng Stsndèrds, Induding Flnandal Reporting Stsndard 102. The Finandal Reportlng Standard applicable in the UK and Republlc of Ireland (Unlted Klngdom Generally Accepted ACCOUn￿ng Pract*e). In our oplnlon the flnancial 5tstements'. give a true and fair view of the slate of the groups and ihe parent charitable cornpany5 affalrs a5 at 31 March 2024, and of the group's Inc¢)ming resour￿ and appllcalion of resour￿5, induding Its income and expendlture, for the year then ended. have been proFdy prepared In ac￿rdance with United Klngdom GeneraNy Accepted Accolrnting pract1￿ and have been prepared In accordance wlth the reqdrements of the Q>mpanie5 Art 2006 and the Cha￿Ve9 Att 2011. We condutted our audit In accordance with Intematlonal Standard5 on Audlting (UK) (ISAS (UK)) and appllcable law. Our responsibillties under those standard5 are fijrther descrlbed In the Auditor's reSFKJnslbilltses for the audlt of the finandal statements section of our report. We are Independent of the group and parent charitable company In accordan￿ wllh the ethlcal requirements that are relevant to our audit of the financlal statements In the UK, Induding the FRCS Ethlcal Standard, and we have fulfilled our other elhlcal responsibilitles In accordance with these requlrements. We belleve that the audlt evtdetKe we have obtalned Is suffldent and approprfale to provlde a basls for our oplnlon. In auditsn9 the financial statements, we have concluded that the Dlrettors, use of the going cOn￿M basls of accthJnUng In the preparation of the financlal staternents is appropriate. Based on the work we have performed; we have not Idenilfied any materfal uncertsinties relafjng to events or condltlons thal Indlvbduèlly or collectively, may cast slgnlflcant doubt on the Group'5 Qr the parent charltable companys abillty to continue as a going concern for a ￿rIOd of at least twefve monihs frcrfn when the financlal ststements are authorlsed for Issue. Our responsibilltles and the resFKKbsibilities of the Olrectors wlth respett to golryj cOn￿rn are descrlbed in the relevant secbons of this reporL The trustees are responsli Ile for the other information. The oiher infomiation Com￿seS the Information IndLKJed In the trustees, annual report, other than the financial ststements and our auditols report thereon. Our opinion on the finandal statsments doe5 not cover the other informatson and, except to the extsnt ￿rwISe explicitly slated in our reprt we do not exp¥ess any form of assurance conclusion thereon. In connettlon wTth our audit of the flnanckl StateTh￿ts, our resFw6ibility is to read the other InfOrMa￿On al￿, in doing so, conslder whether the other information is materially inconsistent with the finan(ial statements, or our knowledge obtained In the audit or othe￿ISe appears to be materially misstated. If we Kjentify such material intOn5iStencies or apparent matedal mlsstatements, we are required to determine whether there is a material mi55tatement in the financlal statements or a materfal mls5tatement of the other information. If, based on the work we have performed, we condude that there Is a material m155tatefflent of this other informab'on, we are required to rei*Jt that fatt. We have nothing to report In thls regard. Page 14 of 36 NorrINGH M ROMAN CAT {A company limited by guarantee) DIOCESAN T THEI DENT AUDITORS TO TH THE AM HOLIC DIOCESAN TRUSTEES Opinion on othei matters prescrfbed by the Companies Act 2006 In our opinlon, ba￿￿ on the work undertaken in the course of the audlt: the Inforrnation glven In the truste& report IncortK)ratlng the directors. re￿￿t for the finan(ial year for whlch the financlal 5tstements are prepared 15 conssient with the fInar￿la1 statements. and the iilwtors, report has been prepared in ￿nce wlth applicable legal wulrements. In the light of our knowledge and Ltnderstanding of the gmup and parent chadtable cornpany and its en￿ronment obtslned in the course of the audlt, we have not Iden￿fied materlal misstatemerts in the dlrectorg retx)rt. We have nothlng to report In reSp￿t of the follo%￿ng matters Whe￿ the Cornpanles Act and the Charftle5 Act 2011 requlres us to Yeport to you If, in our ￿￿nIOn. adequate and sufficient accounts.ng records have not been kept by the parent charltsble companyi or retums adequats for our audlt have not been recdved from brand￿ Th)t vI￿ted by us,. or the parent charltable compwty s financlal stsiements are not In agreement wth the accounting records and fthjms; or certaln dlsclosures of d5rectNs' remuneratlon sFeclfied ty law a￿ not made; or we have not ￿￿1Ved all the Inforrnation aThl explanatlons we for our a￿￿lL onslbll ste As explalned rnore fully In the ￿rettOrS. ResFonslbllltles Statement set out on page 13, the twstees (who a￿ also the directors of the chdrlldble company for the purp)ses of company law) are respons1t￿e for the preparation of the flnanaal statements and for being sausfled that they glve a true and falr ￿ew, and for such intemal control as the trustees determine Is necessary to enable the preparation of financial 5tatemerts that are free from materfal Mi55tat￿nent, whether due to fraud or error. In preparlng the fin￿la1 statements, the trustees are resFonslble for assessiThJ the groups and parent chadtable cornpanys ablllty to continue 05 a golng COn￿rn, disdosing, as appllcable, mattets related to golng concem and uslng the golng concem bas15 of accounting unless the tsustees elther Intend to liquidate the group or the parent ch￿table company or to cease operations, or have no reallstlc altemative but to do so. or We have been appolnted as authtor under the Companies Att 2(X)6 and sectlon 151 of the Charltles Act 2011 and ￿port In accordance with the Act and relev￿ regulation5 made or Wng effect ts*reunder. Our objectives are to obtain reasonable as9Jrano about whets the finandal staternents as a whole are free from materlal mlsstalemen¢ whether due to fraud or error. and to issue an al￿ltOrS, report that InCIL￿e$ our opinion, Reasonable a5SLsrance Is a hlgh level of asS￿￿￿e but is not a guardntee thal an audit conducted In accordan￿ with ISAS {UK) wlll always detect a materlal mlsstatement when it exlsts. Misststements can arise from fraud or error and are considered materfal If, Indlvldually or in the aggregate, they could reasonably be experted to influence the ecorK)mic deasions of users taken on the basis of these finandal 5ts1ements. Irregularilles, Including fraud, are instances of non-complian￿ with laws and regulations. Based on our ¥Jnder5tandlng of the Group and Industry, we identify the key laws and regulations affetting the Group. We design pr￿ed￿re5 in line with our responsibilities, outlined above, to detect maierial misstatements in respect of irwulariiies, I￿UdIng fraud. The extent to whith our procedures are capable of detectirvj Irreg￿a￿ltie5, irKludlng fraud is detsiled below. Page 15 of36 14OThIN AN CATHOLIC DIOCESAN TRUSTE (A company Ilmlted by guarantee) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE NOThINGHAM ROMAN CATHOLIC DIOCESAN TRUSTEES We have identified that Ihe prindpal fisk of fraud or n￿-(l￿p11an￿ with laws aThJ regulations ￿lated to: Management Blas In reytt of accountlng esltmates alld judgements made. Managernent override of control Postlng of unusual journa15 or trans￿l0n5 We focused on those areas that coukl glve rise to a materlal misthtement In the Group's fillanaal statemen Our prO￿dureS Included, but were not limlted to: Enqulry of management and those charged with govemance around *ual and witentlal Ililgauon and dalms, Includlng instances of non-c0mpl1an￿ with laws and regulations and fraud. Revlewlng legal expendlture in the year to Identlfy Inst&Kes of non-comp11all￿ with laws and regulatlons and fraud, Revtewlng finandal statement disdosures aTrJ testlng yJprx)rttng documentatlon to assess Com￿lance ￿th applicable laws and regulatlons Performlng audlt work over the rlsk of management ovwlde of c￿tr￿S Induding testing of joumal entdes and other adjustments for approprlateness, ev3luatlng the buslne&s radonale of slgnlflcant transactions outslde the normal course of business and reviewlng accountlng estimates for bfjas. It Is the prlmary responslblllty of management, ￿th the oversight of those thwged wllh g0veman￿, to engjre that the en￿ty,5 operatlons are conductsd In accordan￿ wlth Ihe prov1￿(￿￿ of lav+5 and regulatlons and for ihe prevention arKI detectlon of fraud. Because of ihe inherent Ilrnltatlons of an audit, there Is a tlsk that we not detect all Irregularitles, Incluthng those leadlng to a material misstatement in the ffnandal statements (x non-compllance Trmth regulatlon. This rlsk increases the more that compllan with a law or regulationls removed from the events and Iransactions ￿flected In the financial statements, as we wlll be less likely to become aware of instan￿5 of n0n-compl1an￿. The risk is a19) greater regardlng Irregularlties ctturrlng due to fraud rather than error, as fraud Involves intentional Con￿alment. forgery, colluslon, omlsgon, or misrepresenta￿on. A further description of our responslbllllies for the audit ol the financlal statements is located on the Fin8naal Reporting Councifs website at.. ￿￿.1[¢.019.UkIaUd1t0rsresp0n5IblI1t1es. This descriptlon forms p8rt of our a(￿lIOrs, report. Use of our report Thls report Is made solely lo the charitable company's member5, a5 a Lxxly. in ac[0rd￿ce wth Chapter 3 of Part 16 of the Companies Act 2006 and to the charitable company's trustees, as a body, in aCCordar￿e with Part 4 of the Charides (Accounts and Reports) Regulation5 2008. Our audit work has been undertaka) so that we mlght state to the tharitable company s trustees those matters we are required to state to them in an auditc 6,029 364 13) 63 Depreclallon or amotfjsatlon at 1st Aprll 2024 Dlsposals Charge for the year Transfer5 Totsl as at 31st Narch 2025 702 96 41 (3) io 839 13) 128 96 22 798 118 964 Net bjok Value at 31st March 2025 4,4C 1,005 15 5,425 Net Book Value at 31st March 2024 4,299 887 5,189 P8ge 29 of 36 OThINGHAM ROMAN CATHOLIC DIOC TRUSTEES Notes an untin Policies for the ear ended 31st Marc 7. Inv en shes tments nve5tm Investments Investment Properties 4,463 Total Carrying value at 1st Aprll 2024 Additlons at cost Net dlsp05al proceeds Transfers Revaluation Realised net gainsl(losses) Unreallsed net gainsl(losses) Carrylng value at 31st March 2025 946 80 (91) 5,409 80 (91) (53) (53) 21 35 21 35 920 iaTo 'sted and Investme Investments Unquotsd Investment Properties Total Carrying value at 1st Aprll 2024 (As restated) Additions at cost Net disposal prO￿edS Transfers Revaluation Realised net gainsl(losses) Un￿alIsed net gainsl(losses) Carrying value at 31st March 2025 28,154 3,060 (3,410) 805 28,967 3,060 (3,545) (135) io io 692 692 680 2025 £'ooo 2024 £'ooo tal Investments ana General Unrestricted Designated d b Fund: 12,139 619 12,228 639 Restricted Endowment Separate Charity 15,141 86 16,008 91 27,985 28,967 Page 30 of36 NOrnNGHAM RO nd Accountln HOLIC D USTEES eare rch 20 Total 2024 2025 £'oo £'ooo (As restated) 8. Lon Te Curi Inter-Diocesan Fuel Management Ltd (see note 15) Rent dep￿ltS Enslgnis Depx)slts Loans 25 17 200 647 874 588 men hln l ear Glft Ald Legacles Prepayments 410 I,OOB 129 1,546 338 117 455 Loans Legacles Sundry debtors and prepayments 31 80 104 138 207 287 Analysed by fund: Restricted 18,244 16,466 Unrestrlcted (Including Deslgnated) Restrlcted, Endowment, Separate Char1ty (11,205) (9,788) 9,662 8,412) Analysed by type: Funds In Investments or Money market deposlts Cash at bonk and In hand 15,711 13,726 18,522 16,466 Money market deposlts FtJnd5 in Investments Bank overdrdft 578 367 9,662 (8,412 Please note as at the 31st March 2025 amounts of £0.76m (31st March 2024 £1.Im) within Parish restricted funds were held wlthin accounts maturing beiween a peri(Ki of 3 to 12 months rx)st year end. We have not classified these as Current Asset Investments on the fa￿ of balan￿ sheet or within thi5 note as we consider that it is mc)st approprFate to continue to these amounls wlthln cash and cash equiwalents as the constituent account makeup will change from year io year and it seem5 unneC￿ry to split betheen cagh and current 655et5 when both categorles wouhl show within current assets in any case and also due to fact that these amounts will not automatically be reinvested in the same rnanner. The cur￿[￿t disdosure will avoid any confusion trj the reader of the acc(yJnts i￿￿se In substsnce there has been no change other than Kcount profiling In order to maximise returrt5, Page 31 of36 OThINGHAM ROMA Note d Accoun THOLIC D cies for th ESAN TRusfEES ear ended 31st March 2025 Total otal 024 stated 'ooo redltors uew Inl rlshes Creditors and accrua15 755 755 454 454 Creditors and accruals 120 120 167 167 on Term duea other long term liabilltles Amounts deposited wlth Curla 14 io 24 13 20 en Balance at 1st Aprll 2024 Prlor year adjustment (See Note 22) Balance at 1st Aprll 2024 (Restated) Surplus/ (Deflclt) for the year Prior year adjustment (See Note 22) Balan￿ at 31st March 2025 45,979 45,550 81 45,469 707 197 45,979 45,979 2,826 48,805 In ow LA Balan￿ at 1st Aprll 2024 Prior year adjustment (See Note 22) Surplus/ (Deficlt) for the year Balan￿ at 31st March 2025 7,598 18,833 26,431 24,207 (22) 466 18,367 6,250 24,617 26,431 Analysls by Fund of Balance at 31st March 2025 Separate charities Endowment Funds Restiicted Funds Designated Funds General Unrestricted Funds 122 18.243 122 18,243 1.556 125 18,704 1,726 5,873 26,431 1,556 4,694 6,250 18,367 24,617 Page 32 of 36 AMRO LIC DIOCESAN TRUSTEE Pollcies for the eare 4. Summa uria rlcte ¥em 1st Aprll 2024 Income & Endowrnenls Transfers Investment Movements 315t March 202S EXpe￿ded De$lgn8ted Funds En6b15no Mission Mission fund to aS￿st F*lesls Legacy Fund lorSmage Adrnlnistrauon ktoty Gh05t Hou*keepeis Extraordinary Mlnlsters Ret'd Prfests Appeal Pxjmln Oerby t)eanery Qulnquenntal Inspections Totsl 630 {￿T) 125 61 932 61 444 976 19 (539) 1121 20 (B) 22 18 75 (2) 16 75 363 12 Restrlcted Funds Housekeepers Retlrement Fund Schoo15 Snging Program De￿aSed Clergy Fund Frlend5 of the Cathedral Oeroy Formatlon Fund Poor & Needy Par15hes Mlsslon Fund Spaldlng Project Lenten Stauon Masses Jame5 Heneage Overseas Oevelopmefit Fund Cathedral Project Lourdes Pllgrlmage fund Slck & Reyred Prfests Fund Total 115 92 {22) 151) 141 95 137 8,020 1.351 37 236 49 {1551 161 li} 19) 15) (1291 (zo} 12} 7,972 1,375 54 51 24 24 132 io 321 770 (3241 {281 662 191 279 {si 140 299 255 41 332 Permanent Endowment Foundation Masses 125 122 Separate Charltles Slck and Retlred Priests fuTrJ Nottm, Cathedral Musk Fund Toial 1391 Total 20,558 1,174 2,0131 518 3141 19,923 The Ajnds Ilsted atrn are lor the follo*Aw purp05e5. Enab11ng Mlsslon Fund To help Partshes to *ad the CathdK Comfflunlty Into a deeper encounter with Chrlst Legacy Fund Lè9aeles recefved for the C#rKese 19 te used at the dwretk>n of the tlrectors. PlkJilmagE Admlntstratlon Fund Admlnlstratton of the i*ocesan Pilgrlrnage to Lourde Hoty Ghost Housekeeper Fund 9Jpport of housekeeper fOrTh￿rtY employed by the Fbly Ghost Fathers. Extraordlnary MlnSstefS Fund Comm&&on lor the Extraordinary Mlnisiers for lknly Comm￿lOn. Retd Prlests Appeal Adm. Fund. Runnlng costs or the Rettred Priests Apwal. Just[￿ & Peace Fund ktjvibes of the Ivstice & Peace Commlssknn (olher than fiek1 wothefs satsry}, Derby Oeanery Fund Projects support￿1 by the Derby Deanery. Qjlnquennial Inspethons F￿d F¢Jnded by speoal D*Ke5an i>Jota In 201617 to spNd the mst falrty over pathes. For the rellef of retired re4Jent FlwsekeepÈrs of t Housekeepers Retlrement Fund Nottin9ham Diocese SchoDls Slnglng Program Part of the Na￿¢￿al Scho)15 StwJwKJ Progrnm ￿e￿a$ed aergy Fund To assi51 in deallno ￿th tkwsed Clertys affalrs Friends or the Calhedial To asslst Ihe CathedRI In particular areas Clergy ForTnaUon Fund Educdtson of prles15 deacos)s, thetr On￿(￿￿9 forrnattotb and fosLerlrw vocaUon& Poor ènd Needy P4￿$he$ Fund gjpport of poor and needy parishe5. ML551on Fund pport dnd a5sstsftce of mission ￿ti¥￿Ie5. Lenten Statlon Masses FUNJ e4shop's charitable purposes {wlthln the Trust tMd). James Heneage Fun(J Malntenance of the Chapel at Hainlon Hall. Overseas Development Fwd As%st In Caiholc projeds overseas. Cathedral Project sihedral restorauon to orfginal Pugn state. Lourdes Pllgrimage Fund Awl those of the CJtholK Faith for Lr*J(de5 ￿"Igrfmage5 Slck & Reiired Prlests Fund For the benefit of ￿(k or ￿tIred priests Page 33 of 36 OTfiNGH otes an OMAN CA ntin OLIC DIOCESAN TRU cies for the ear ended ES st March 2025 Lourdes Pilgrimage Fund Assistance to those wishing to make a pilgrimage to Lourdes. Sid( and retired priests of the Diocese. Slck & Retired Priests Fund ermanen Endowmen Funds: Foundation Masses Fund Payment of Mass offerlng5 Out of income for the intents'ons of donors. rate C Sick and Reb'red Prlests FurKI Sick and retired priests of the ljocese. ntsan rshi ani a) The Diocese owns 4,000 out of 125,200 shares In the Catholic Natlonal Mutual, a mutual Insuran￿ company Incorporated In Guernsey. The net assets of the company at 28.09.2024, the date of the last available accounts, were £28.9m (2023: £28.7m) and the profit for the year ended on that date was £0.18m (2023 loss.. £1.53m). b) The Diocese owns 4,000 out of 45,000 issued and fully paid ordinary sha￿5 of Inter-Diocesan Fud Management Ltd (IDFM). The net assets of the company at 31.03.2024, the date of the last available accounts, were £155 thousand (2023: £150 thousand). The result for the year ended on that date was £1 thousand proflt (2023: £9 thousand profit). IDFM was set up in conjunction wlth other Cathollc dioceses in order to purchase electrlclty and gas for Dic(esan properties MOE favourably. c) The DI0￿se Is the sole member of Nottingham Roman Catholic DI￿n Education se￿1￿ (NRCDES) a charitable company limited by guarantee, set up to take over Its D[c￿an Educabon se￿1￿, Its dlrectors are partly appointed by the Blshop and partly by the schcK)Is of the Ditxese. A5 Stated in note 3, a number of Dircctors of the Di¢xese are also directors of NRCDES. The Diocesan schools have been reorganised into 3 Multi Academy Trusts which are companies limlted by guarantee. The DI0￿se Is a member of these ccffnpanies but does not apFoint its dirertors, The members also include the Bishop and the Episcopal Vlcar for Education, who are directots of the Diocese. Slnce the Dic£ese does not control any of these companie5 nor participate in any share of their profits or losses, they are not consolidated with those of the Diocese. ital Co ents Capltal commitments at 31st march 2025 amounted to £1,504 thousand (2024: £310 thousarmd) arising out of bullding and major MaIntenan￿ work in parishes and othernise a) The Di0￿Se ha5 provided indemnities to Lloyds Bank plc In order for it to accept cheques made out tr) a payee with a different name from that of the account in questi{￿ and in relation to T PCO through which payments are made to members of staff. Page 34 of 36 No￿ING otes and Accounti AN CATHOLIC DIOCESAN TRUSTEE 31st held as truste The DI0￿se Is the trustee of Nottingham Roman Catholic DI0￿San Tru51ees, the former unincorporated trust, which remains in belng to receive legacie5 whid) are passed on to the Diocese. Thls trust owns no assets beneficlally. The Diocese owns land at Crich with the Youth Servlce Trustees, occupied by them, costlng £437 thousand In De￿mber 2011, in the proEJ)rtion 75010, the DIc￿eSe, and 25%, Youth Service Truslees, for whith no rent is charged. The cost of thls land is included in freehoki land & buildings in note 6. The DI0￿Se Is the trustee of the Sick and Retlred Prlests Fund, a separately reglstered charity number 510119. Its results have been consolidated ￿th those of the DI0￿se. The Dlocese owns the followlng propertles, occupied by parlshes, as twstee. The values of these properties are Included with other parish owned propetty In note 6. Permanent Endowment: Alvaslon Parlsh Hall Earl Shilton Presbytery Ilkeston p￿$bytery St Phillp Neri Parlsh Hall, Mansfleld Holy Souls Presbytery and Parish Hall, Sc￿thorpe St Hugh's Presbyleryi Broadgate Llncoln Eastwood Presbytery Eastwood Parlsh Hall Good Shepherd Presbytery* Arnokl Good Shepherd Parish Hall st Phlllp Nerl Presbyteryi Mansfleld Hadfteld Presbytery Marple Brldge Presbytery Marple Bridge Partsh Hall Market Harborough P￿Sbylery Market Harborough Parish Hall Ashby de la Zouch Presbytery Whltwlck Presbytery Osgodby Mass House Spalding Church st Mary's Presbytery, Loughborough Date of govemlng d0oJff￿nt 10th August 1906 7th Aprfl 1920 25th June 1906 12th March 1937 7th January 1920 Not Known 6th August 1907 6th August 1907 9th July 1923 9th July 1923 28th Aprll 1908 23rd De￿rnber 1925 23rd December 1925 15th September 1921 4th March 1876 4th March 1876 19th May 1917 22nd September 1902 3rd September 1985 20th July 1876 & 24th April 2002 3rd November 1840 ion The Diocese has I￿0 defined contrlbutlon penslon 5cheme5 held in separately administered funds. One Is for the prlests of the Dlocese ar￿ one is an autoenrolment scheme for the staff of the Diocese. Page 35 of 36 orriNGHAM ROMAN CATHOLIC DIO ccountin Pollcles for th RUSTEES ed3 st Marth 2 25 O. Related P ctions Insofar a5 the Directors are awère, there are no other matters rewired to be report&J other than as alre& shown In these accounts or below. A Loan of £650k was made to the Nottingham Dlc(esan Catholic Youth SeThi￿ who have related Trustees of the Nottingham Roman Catholic Diocesan Trustees and Joint ￿lerShIp of property (Notes 8 & 9 Curia) the balance at 31.03.2025 was £607,323 (31.03.2024 was £557,758) and they received a loan l¥)liday to as51st with cashflow. IDFM accnjal for the provislon of gas & electricity (Note 11 Parlshes) ftjr 31.03.2025 was £184,253 pro￿S￿on (31.03.2024 £220,000) Catholic Insuran￿ Services provlde the Insur￿ provlskMI for the NRCDT and this amounted to £258 thousand (31.03.2024 £244 thousand). vents after Several slgnitlcant develownenls have taken place slnce the end of the finandal year: Progresslon to th8 Restorlng Pugln DeliveryPhase The Development Stage of the Cathedral restoration was completed In autumn 2024, and the Di(Ke5e submltted Its appllcatlon for the Dellvery Phase. In Aprll 2025, a mafrN £1.69 mllllon grant was confirmed, enabllng conservation woth to begln In 2025, Speciallst teams, Including Cliveden Conservatlon, have commenced creation of an Interpretation of Pugln'5 original decorat6ve schemes a(xoss the east end chapels and mbulalorles. Expansion ofthe Enabllng Ourmisslon Campalqn The dlixesan fundralsln9 campalgn continues to prO￿s$ well, with new parlsh groups launchlng In late 2024, throughout 2025 and now Into 2026. Parish partlcipation rates have been strong across most deaneries throughout thls perlod and regular disbursements of dollations recelved have been made to partshes. Parlsh Reorganisation andDeanerySernce Hub Rollout Followlng extenslve consultatlon, further parlsh amalgamatk)ns have been Implemenled. Deanery se￿Ce Hubs have begun to be establlshed, and the flrst Hub Managers appointed. Ne•V hub locaoons Con￿nUe to Identified. Ongolng Jmplemontation and Developmentof the Mlsslon Plan The Mlsslon Plan wlll be Implemented across schoo15. parishes and chaplalndes, wllh the lajnth of ft)rmatlon programmes, mlssion leadershlp Iralnlrwj, youth engagement strategles and (x)IlaiM)ratlve diocesan 5UPPOrt structures. Youth Engagementand Gmwinglnterestln CatholicFaith The Diocese has conb'nued to obserye irKreasd engagement among young adults alld enquirers, con51stent wlth natlonal research hlghllghted In 2025. The 2025 Rite of Electlon Saw 158 catechumens and candidates, further strengthenlng slgns of renewal and growth. Indications are that Uls encouraging development wtll continue In 2026. These relate to the reallocation of what was previously referred to as Social Investment l¥operties to Increase Fixed Asset Properties by a cost value of £1.090k and reduce investrnents Kcordingly and in(Jease depreiiation by £22k for the 202312024 year and reduce the c05t value above by the same amount. Also there was a correction on sale proceeds on Parish properttes retained by the Di0￿Se ￿kn.1 the dlstrlbuu was agreed. Th15 affected the brought ftjtward balan￿ by £81k for Parishe5, and in Year endlng 31.03.2024 by £197k, reducing Capital income by £70k from £238k. irKreasing Donations by £91k from £244k and Increaslng sundry expense5 by £36k from £82k. Page 36 of36