Charlty reglstratlon numbgr 1140727 Company reglstratlon number 07320054 (England and Walgsl SUE RYDER PRAYER FELLOWSHIP (PARMOOR) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 SUE RYDER PRAYER FELLOWSHIP (PARMOOR) LEGAL AND ADMINISTRATIVE INFORMATION Trustees The Revertnd R C Pestell ICh8irmanl Mrs R Young Mrs S Poole The Reverend Canon R Wclifttsn Ms C P Daniels Mr W Fowler (Appointed 12 March 20241 Sacrotary Mrs R Young Charity number 1140727 Company number 07320054 Reglstered offlce Sl Kalharine8 Parrnoor Frielh Henley-on-ThamgS RG9 6NN Independent examlner Neil Major. 8ruton Charles The Coach House Greys Green Business Centre Henley-on-Thames Oxfordshire RG9 4QG SUE RYDER PRAYER FELLOWSHIP {PARMOOR) CONTENTS Page Chairman's slalemenl Twslees report Independent examiners report Slalement of financial activities Balance sheet Notes lo the financial statements 8-17 SUE RYDER PRAYER FELLOWSHIP {PARMOOR) CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 was a busy year for the Trusle&s and Members ol the Prayer Fellowship. The Spring Retreat 8nd AGM look place at St Kalharine's 22nd 24th April, when we gathered together lo explore a new communion liturgy, 'Becoming Oursèlves, led by the Revd Jonalh?n Robinson. This inclusive liturgy, drawing on resources from different Ir2dith'ons, was well received and enjoyed, especially the liturgical dancel In July (1 sl- 3rd) spme of us were able lo join in the Centenary Celebrations ol Sue Ryder's birth. organized by the Trustees of the Lady Ryder of Warsaw Memoria5 Trust. We were joined by represenlalive8 of the conliwing work in Sue Ryder's name from different countries, and shared in a number ol events, both al Sl Kalharine's and in Central London, including thè inaugural Sue Ryder Lecture. The Autumn Relre?I look place over thè weekend of Ihg 271h- 29th September and included a Quiet Day on Prayer and Poetry, led by Will Fowler, and a special afternoon tea lo celebrate the 40Lh Anniversary of the Prayer Fellowship with Elizabeth Cheshire 88 guest of honour. The monthly prayer meeting on Zoom has continued throughout the year and continues lo be well supported as we pray log8lher for the continuing work of caring for others, both in this country and around the world. The Zoom Prayers take place on the 1 sl Monday of the month al 7 pm and all are welcome lo lake parl. In September I had the opportunity lo visit one of the Sue Ryder Homes in Ireland providing assisted living for the elderly. I received a very warm welcome and a splendid lunch al Sue Ryder Ballyroan. The visit enabled me to pass on two boxes of the book, 'A Life Lived for Others,, which was published for the Centenary. Sl Kalharine's continues lo thrive under the Directorship of Stewart Mccredie and his staff learn, with increased bookings and many visitors and guests grateful for the welcome and hospitality that is provided. Cat8cily for guests al the house has increased with some bedrooms being renovated and brought back into use, and allerakn'ons have been made to Sl Joseph's lo creat& facilities lo ac¢ommodale se￿-¢aler1n9 gTOUPS. Those who visit and stay al Sl Kalharine's often make use of the beauty, peace and tranquility of the La¢Jy Ryder Memorial Garden which is cared for by a team of 30 volunteers. Their efforts, and the support that they give lo children, young people and those SLJffering from disabillty and illness, have recently been recognized by being granted the King's Award for Voluntary Service. Congratulations lo all the volunt8ers on recèivlng this prestigious award. On a sad note, we have lost two long standing members during the year, Dame Josephine Spreckley OSB, who had been Sue Ryder's spiritual guide, and Kate Fitzsimmons who had served as a Trustee, and also nursed Sue Ryder before she died. May they both rest in peace and rise in glory. My thanks lo all my fellow Trustees for their suppgrt and encouragement throughout the year and especislly to Rosemary King who has stepped down after many years of seNice. The Reverend R C Peslell Chairman Dal&.' 8 April 2025 SUE RYDER PRAYER FELLOWSHIP {PARMOOR) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial slalem&nls for the year ended 31 Decembèr 2024. The financial slalemenls have been prepared in accordance with the accounting policies sel out in note 1 to the financial slalemenls and comply with the charity's memorandum and articles of association, the Companies Act 2006 and Accounting and Reporting by Charities., Slalemenl of R&commended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. Objective5 and actlvltles The Fellowship maintains al Sl Kalharine's, Parmoor. a Relreal House, where groups or individuals of all fallhs and denominations. or none, can meet lo find peace, a lime for reflection and the chance lo enjoy the hcuse and ils grounds and Surrounding countryside. There is also a walled garden which has been restored by volunteers lo which groups of vulnerable disabl8d and disadvantaged people can come and enjoy and benefit from ils surroundings. Publlc benefit The trustees have paid due regard ID guidance issued by the Charity Commission in d&ciding what aclivib'es the charity should undertake. Achlevernents and performanco Members of the Fellowship met règulayly throughout the year on Zoom lo pray for work and projects that continue, both in this country and across the world. in th& name of Sue Ryder, and also for the activities and visitors making use DI the facilities al Sl Kalharine's. The number of members of thè Prayer Fellowship doos fluctuatè from time to lime bul we have seen some new members during the year and the present membership is around 60. We always welcom& new members and ¢)ften have enquirie5 about membership from those who s18y al St Kalharine's for retreats 8nd rn8elings. The Trustees have mel monthly during the ye?r, mainly on Zoom, bul also in person al the Spring and Autumn Retreats al Sl Kalharin?'s. The use of the Retreat House by groups 8nd Individuals, for a variety of purposes, has continued to grow. There has also been an organized programme of relreals, pul together by the Director, which has been well supported. The Team of Day Chaplains ensure that Ihgre is someone on hand during the day lo provide support and prayer for visllors when requested, as well as leading midday prayers. An ongoing mainlÈnanc& and upkeep programrrie. Sncluding the upgrading of Sl Joseph's for the use of sell-calering groups, has ensured that the property has been kept in good order. The grounds have been w@11 cared lor and some development has taken place with the establishment ol a reflective prayer walk ancl a small labyrinlh. The Walled Garden continues lo be well used and wèll maintained. with &dging around the borders being a welcome addition The efforts of the volunteers have been recognised with the announcement of The King's Award for Voluntary Service being given lo the team of gardengrs. Thg cenl&nary of Sue Ryder's birth and the 40th Anniversary of th8 Prayer Fellowship w8re both recognlzed during the year with celebrations al St Kalharine's. SUE RYDER PRAYER FELLOWSHIP {PARMOOR) TRUSTEES REPORT {INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Financlal revlew The financial performance and posf(ion of the charty, are shown in more detail on pages 5 and 6, can be summarised as follows.. Total income for the year was £281,83412023.. £324.8611, after lolal expenses of £286.01512023.' £303,052) and a gain on the salel revaluation of investments of £4,01812023.. £9,218> the nel deficit for the year was £163 12023.. Surplus of £31,027). Of this, the ￿$tricted activity results relating to the Lady Ryder Memorial Garden were income of £9.985 12023." £107,518) and operating costs (excluding capital expendilurel of £13,575 12023.. £67,222), resulting In a deficit of £3,59012023'. surplus of £40,296) for the year. There were no rApilal costs in respect of the Vine HDLJse during th& year12023.' £44,65ei. in 2023 these were reffecled on the balance sheet as aédilions to the Vine House. Depreciation of £1,402 was charged on the Vine House during the year12023.' £1,402) and this charge is part of the reslricled costs of £13,575. The unrestricted activities had an income Of £271,84912023.' £217,343), a gain on investment S8l&sl revalualigns of £4,018 12023.. £9.2181 and costs of £272.44012023'. £235,830) resulting in a surplus of £3.427 for the year12023.' £9,269 deficit). Reserves Pollcy 11 is Ihe policy of the charity that unrestricted free reserves fvnds, Ilhose not represented by fixed asselsl, are lo be maintained al a level ol approximately three month's normal operating expenditure. The trustees consider that reserves al this level will ensure that, in the event ol a significant drop in funding, they will be able lo continue the tharily's current activities while consideration is given lo ways in which additional funds may be raised. As at 31 December 2023 Ihe level of free unreslricled reserves has b8en calculated as £75,23912023' £71,812), which the Trustees feèl is al an adequate level. structur0* governance and manag&m8nt Thg charity is also a company limited by guarantee and the memorandum and articles of association of the company act a5 the governing document and its conslilulion. The trustees. who are al80 the directors for Ihe purpose of company law, and who served during the year and up lo the dale of signature of the financial slalements were.. The Reverend R C Pestell Ichairmanl Mrs R Ygung Mrs R F King Mrs S Poole The Reverend Canon R W Clifton Ms C P Daniels Mr W Fowler (Resigned 14 January 20251 (Appointed 12 March 20241 Recruitment and appolntment of trustees Vvhen new Dr additional trustees a￿ rèquired they are elected by the members or co-opted by the trustees. All trustees are also members, and support the objects of the charity, as sel out above. One third of the trustees musl retire al each Annual General Meeting of the charity, those longest in office retiring first and the ¢hoice between any of equal service being made by drawing lols. All retiring Iruslees who are eligible may be reappointed. C¢>opled Iru51ees hold office until the next AGM. when they may be elected by the members. New Trustees are reeruiled by the existing Iruslee5 after inlervigwing them and considering their past achiovemenls and Ihelr potential contributions lo the charity and ils wider objectives. None of the Iruslees has any beneficial interest in the company. All of the trustees are members of the company and guarantee lo contribute £1 in the event of a winding up. SUE RYDER PRAYER FELLOWSHIP (PARMOOR) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Organlsatlonal structure The Chanly is controlled by the Board of Trustees who arè elected from the n)embership of the Prayer Fellowship which at present lolals 60 members. The Trusle&s meet regularfy lo consider reports, both operational and financial, from the Director and the Garden Sub Committe8, in order to determine policy and planning The Director has a team of 8 staff and runs the Retreat House on a day lo day bas15. The Walled Garden is managed voluntarily on a day lo day basis by the Garden Sub Committee supported by a team of 25 volunteers. The Trustees report was approved by the Board of Tru81ees. The Reverend R C PÈslell (Chairman) Tru8t&e 8 April 2025 SUE RYDER PRAYER FELLOWSHIP (PARMOOR) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUE RYDER PRAYER FELLOWSHIP (PARMOOR) I report lo the trLJStees on my examination of the financial slalemenls of Sue Ryder Prayer Fellowship (Parrnoorl Ilhe charity) lor the ygar ended 31 December 2024. Responslblllties and basis of report As the Iruslees of the charity land also ils dirgclors for the purposes of company lawl you are responsible for the prepar81ion of the financial statements in accordan￿ with the requirements ol the Companies Act 201A Ilhe 2006 Acll Having satisfied myself that the financial slalemenls of the charity are not required lo be audited under Part 16 of the 2008 Act and are eligible for independent examination, I report in respect of my exarninalion of the charity's financial slalements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llb} of the 2011 Act. Indep8ndènt examlner's statement Since the charity's gross income exceeded £250.000 yc)ur examiner musl be 8 member of a body listed in seclion 145 of the 2011 Act I confirm that l am qualified lo undertake the examination becauso l am a member of FCCA, which is one ol the listed bodies. I have completèd my examination. I wnfirm that no mallers have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2008 Act., or the financial statements do not accord with those records., or thg financial slalemenls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give 8 true and fair view which is nDt a maller considered as p8rt ol an indop&ndent examination". or the financial stalgmenls have not been prepared in accordance with the methods and principles of the Slalemenl of Recommended Practice for accounting and reporting by charili8s applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aTr Republic of Ireland IFRS 1021. I have no concerns and havè come across no Other matters in connection wth the examination lo which allenl5on should be drawn in this report in order lo enable a proper understanding of the financial slalemenls lo be reached. Nell Major FCCA Bruton Charlas The Coach House Greys Green Business Centre Henley-on.Thames Oxfordshire RG9 4QG Dated.. 8 April 2025 SUE RYDER PRAYER FELLOWSHIP (PARMOOR) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unro$trlcted Restricted funds funds 2024 2024 Total Unrestrlcted Restrlctèd funds funds 2023 2023 Total 2024 2023 Notes Inco efr Donations and legacies Charitable activities Investments 6.772 265,013 84 3.451 6,534 10.223 271,547 64 6,600 210,674 69 100.613 6.905 107,213 217,579 69 Total Income 271,849 9,985 281,834 217,343 107.518 324,861 Ex enditur Charitable activitiès on.. 272.440 13,575 286,015 235,830 87,222 303.052 N81 gainslllossesl on investments 4,018 4.018 9,218 9.218 Net incominglloutgolngl resources before transfers 3,427 13,5901 11631 {9,2691 40,296 31,027 Gross transfers between funds 67,301 167,3011 Net movement In funds 70,728 170,8911 11631 19.2691 40,298 31,027 Fund balances a11 January 2024 2.416,116 76,225 2,492,341 2.425.385 35,929 2,461,314 Fund balanc8S at 31 December 2024 2,486.844 5,334 2,492,178 2.416,116 76,225 2,492,341 The statement of financial aclivilles includes all gains and losses recognised in the year. The statement of financial a¢livili&s includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities. The slalernent of financial activitiès al80 complles with the requirements for an income and expenditure account under the Companie8 Act 2006. The reslricled fund$ above of £5.334 represent bank and cash funds held by the Lady Ryder Memorial Garden fund. In 2023 the £76,225 included the nel book value of £68,704 in respect of the Vine House and a&socialed building work. Al the end of 2024 the net book value of the Vine House has been transferred from restricted funds to the unreslricled funds, a transfer which is shown above amounting lo £67.301. SUE RYDER PRAYER FELLOWSHIP (PARMOOR) BALANCE SHEET ASAT31 DECEMBER 2024 2024 2023 Notss Flxed assots Tangible assets Investments 11 12 2,411,605 82,730 2.413,008 78.712 2,494.335 2.491,720 Current assets Cash al bank and in hand 26,586 26,538 Creditors.. amounts falllng due wlthln one year 13 128,7431 125.9171 Net current Illabllltiesllassets 12,1571 621 Total assèts less current liabilltit$ 2,492,178 2,492,341 N&t a$set$ excludlng penslon Ilablllty 2,492,178 2.492,341 The funds of the charlty Reslricled income funds Unreslricled funds 14 5,334 2.486,844 76.225 2.416,116 2.492,178 2,492.341 The company is enlit5ed lo the exempts'on from the audit requirement contained in section 477 of thg Companies Act 2006. for the year 8nded 310ecember 2024. The directors a¢knowledge their responsibilllies for complying with the requirements of the Cornpanie8 Act 2006 wth resp&GI lo accounting records and the preparation of financial slalements. The members have not required the company lo oblaln an audit of ils financial slalemenls for the year in question in accordance with section 476. These financial slalemenls have been prepared in accordanGe with the provisitrns applicable lo companies subject to the small companies regimg. The flnancial slalgmenls were approved by the Iruslees on 8 April 2025 The Reverend R C Pestell Ichairmanl Trustee Company registration number 07320054 (England and INalesl SUE RYDER PRAYER FELLOWSHIP (PARMOOR) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollelès Charity informatlon Sue Ryder Prayer Fellowship (Parmoorl is a private company limited by guarantee incorporated in England ?nd Wales. The reglslered office is Sl Kalharinfrs, Parmoor, Frielh. Henley-on-Tharnes, RG9 6NN. 1.1 Accounting conventlon The financial slalemenls have been prepared in accordance with the charity's gov&rning document, the Companies Aet 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 1021 and the Charities SORP "Accounting and Reporting by Charities. Statement ol Recommended Practice applicable lo charities preparing their a¢counls in accordance with the Financial Reporting Standard applicabl8 in Ihe UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. The harily is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not lo prepare a Slalement of Cash Flows. The financial slalemenls are prepared in sterling, whiGh is the functional currency of the charity. Monetary amounts in these financial slalemenls are rounded lo the nearest £. The financial statements have been prepared under the historical cost convention. 1.2 Golng concern At the limè ol approving the financial slatemenls, the Iruslees have a reasonable expectation that the charity has adequate resources lo continue in operational existence lor the foreseeable future. Thus the Iruslees onlinue Ic) adopt the going concern basis of accounting in preparing the finan¢ial slalemenls. 1.3 Charltable funds Unreslricled funds are available for use al the dlscrelion of the Iruslee8 in furtherance of their charitable obleclives. Reslricled funds are subject lo specific conditions by donors or grantors as to how they may be used. The purpose8 and uses ol th8 reslriclgd funds art sel out in the notes lo the financial stalemenls. Endowment funds are subject lo specific conditions by donors that the capil81 musl be maintained by the charity. 1.4 Income Income is recognised when the charity is leg811y enlilled lo il after any performance conditions have been mel, the amounts can be rneasured reliably, and il is probable th31 income will be received. Cash donations are recognised on receipt. Other donations are reGognised once the charity has bfren notified of the donation, unless performance conditions require deferral of the amount. Income tsx recoverable in relation to donations received under Gift Aid Dr deed5 of covenant is recognised at the time of the donation. Legacies are recogni5ed on receipt or otherwise if the charity has been notr'fied of an impending dislrlbulion, the amount is known, and receipt is expected. If the am¢unl is not known, the legacy 18 Irealed as contingent asset. SUE RYDER PRAYER FELLOWSHIP {PARMOOR) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcles Icontlnued 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third party, it is probable that a Iransler of economic benèfits will be required in selllemenl. and the amount of the obli9alion can be rneasured rellably. Expenditure is classified by aclivily. The costs of each activity arè made up of the lolal of dir￿1 costs and sharecl costs, including support costs involved in undertaking each aclivily. Direct costs atlribuiable lo a single activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and Support costs which are not attribuiable lo a single activity are apportioned between those activities on a basis consislenl with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuatlon, nel of depreciation and any impairment losses. Depreciation is recognised so as to wrtte off the co81 or valuation of assets less their residual values over their useful lives on the following basis.. Freehold land and buildings no depreciation charged on the basis of expected increases in value 20/0 slraighl line basis Vine House The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset. and is recognised In the slalemenl of financial aclivilies. 1.7 Flxed asset Investments Fix8d asset investments are initially measured al transaction price excluding transaction costs, and are subsequently measured at fair value al each reporting dale. Changes in fair value are recognised in nel incomellexpendilurel for the year. Transaction costs a￿ expensed as incurred, 1.8 Impalmiènt of flxed assets Al each reporting end dale, the charity reviews the carrying amounts of ils tangible assets to determinè whether there is any indicalign that those ass81s have suffered an impairment loss. If any such indication exis15, the recoverab19 amount ol the asset is eslirnaled in order lo determine the extent of the impairment loss lif any). 1.9 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original malurilies of three months or less. and bank overdrafts. Bank overdraft5 are shown within borrowings in current liabilitie8. Basic Ilnanclal assets Basic financial assets, which include debtors and cash and bank balancos, are initially measured * transaction price including trans8clion costs and are SLJbsequently carried al amortised eosl using the effective interest method unless the arrangem9nl conslilules a financing Iransaclion, where the transaction is measured at the present value of the future receipts discounted at a market rale of inler8sI. Financial ass&ls elassified a$ receivable within one year are nc*t amorJsed. SUE RYDER PRAYER FELLOWSHIP {PARMOOR) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcl&s (Continued) Basic flnancial liabllities 8asic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless th8 arrangement conslilules a financing Irans8Ction, where the debt instrument is measured al the present value of the future payments discounted al a market rale of interest. Financial liabilities Classified as payable wilhln one year are not amortised. Debt instruments are subsequ&nlly carried al amortised cost, using the effective interest rale method. Trade creditors ale obligations to pay for goods or servTces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment Is duè within one year or less. If not, they are presented as non-Gurrenl liabilities. Trade creditors are recognised initially al transaction price and subsequently measured al amortised cost using the effective interest method. Dere¢ognition of flnancial liabilltles Financial liabilities are clerecognised when the charily's conlraetual obligations expire or are discharged or cancelled. 1.10 Employe& benefits The cost ol any unused holiday enlitlemanl is recognised in the perlod in which the employee's services are received. Temiinalion benefits are recognisèd immediately as an expense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide termination benelrts. 10- ¢0 C4 (o in SUE RYDER PRAYER FELLOWSHIP {PARMOOR) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Income from ¢harltsble activities Unrestrlcted Restrlcted funds funds 2024 2024 Total Unre5trlct8d Restricted funds funds 2023 2023 Totsl 2024 2023 Retreats Day groups Accommodation Property rents Sundry income Memorial Garden donalions for produce Kings Award for Voluntary Services Celebration day 211,283 34,133 3,890 15,450 257 211,283 34,133 3,890 15,450 257 158,924 21,507 1,303 26,750 2,190 158,924 21.507 1,303 26.750 2.190 5,658 5,658 6,905 6,905 87e 876 265,013 6,534 271,547 210,874 6.905 217.579 Incorne from Investments Unr8strlcted Unrestricted fund$ funds 2024 2023 Interest reGeivab1e 64 69 12. f4 ￿ cn l ￿lD Lf1r￿ Ln ro o (ON o (o rNOfrJO (n rn ir) ir) ¢0 LC) ￿ O o) D) Q Q) 0 (4 * OU>Ln n (n C) ¢0 ai pl O Q) ts) r