2024-12-31-accounts

The KeDelm Youth Trust Limited Report of the Trustees and Consolidated ￿M￿ne[al StstemeDts for the Year Ended 31st December 2024

The Kenelm Youth Trust Umlted ConteDts of the Consolidated finaneial Statements for the Year Ended 31st December 2024 Page Report of the Trustees Report of the Independ￿t Audito 12 Consolidated Statement of Financial Activitie5 16 Consolidated Balance Sheet 17 Con￿lidated Statement of Cash Flows 18 Notes to the Consolidated Slatement of C&sh Fk>ws 19 Notes to the Consolidated Financial Statements 20

The Kenelm Youth Tn￿t Llmited Report of the Trustees for the Yar Eoded 31st December 2024 The Trustees present their report with the financial statements of the charitable company for the y&v ended 3 1st December 2024, which are also prepared to meet the requirem¢nts for a directors, ￿pOrt and financial statements for Companies Act PUryM)ses. The financial statements comply with the charity's goveming documenL the Charities Act 2011 and Accounting and Reporting by Charities: Ststement of Recommended P￿tICe applicable to charities preparing their accounts in arKordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective IA January 2019). REFERENCE AND ADMINI￿RATIVE INFORMATION Name: The Kenelm Youth Trust Limited Registered Company Number 768251Y) (England and Wales) Regtstered Charity Number 1144209 Registered OffKe: Alton Castle Castle Hill Road Alton Stsffordshire STIO 4TT Trustees and Directors The directors of the charitable company are its Trustees for the purpose of charity and throughout this report are collectively referyed to as th¢ Tn Trustees serving during the paiod were as follows: Miss H Bardy Mrs C Clement Mrs D Ferris Mr E Howard Ms C Keane Mr P Lucas Mr C Martin Bishop T Menezes Mrs C Pears . appointed i ith September 2024 - appointed 13th September 2024 - ap￿Intsd P Sept¢mb¢r 2024 The following were appointed as Trustees after 314 December 2024 but prior to the date of this reporL' Canon G Buckby Mrs L Cooke Mrs C Davies The following resigned as Trustee after 31$ DeC￿ber2O24 but prior to the date of this repoTt. Miss H Bordy Mrs C Clement Auditors: Rice & Co Limit¢d Chartered Accountants Statutory Auditors 14a Market Pla Uttox¢ter Staffordshire ST14 8HP Chief Executlve Officer Mrs S Sat¢h¢ll Page I

The Kenelm Youth Tru$t Limlted Report of the Trustees for the Year Ended 31st D¢¢ember 2024 COVERNANCE AND MANAGEMENT Constitution and Governing Document The Organisation is a charitable company limited by guarantee and is governed by the ternis set out in its Memorandum and Articles of Association. Appointment and Tralnlng of Trustees New TnL8t¢es are appointed by th¢ Archbishop of Binningham. Trustee training is ¢arried out at meetings of the TNstee5 and in induction trdining at the centres and offices with sthff and the CEO. Statement of Tru$tees9 Responslbllltles The Trnstees are responsible for preparing the Report of the Trustees and financial statements in accordance with applicable law and regulations. Company law and the law applicable to charities in England and Wales requires th¢ Trustees to prepare financial statements for each financial period. Under that law the Trustees have elected to prepare the financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Under company law. the Trustees must not approve the financial ststsments unless they are satisfied that they give a true and fair view of the 5tste of affairs of the charitable company and of the incoming resources and application of resources, in¢luding the income and expenditure. of the ¢haritsble company for that period. In preparin8 these fmancial slatements the T￿Stres ar¢ required to: select suitable accounting policies and then apply them ￿)nsistentIyI observe the methods and principles in the Charities Ststement of Recommended Pra¢ti¢e (SORP 2019); make Judgements and estimates that are reasonable and prudent; stste whether appIl￿ble accountin8 Standards have been ft*llowed, subject to any material departures disclosed and explained in the financial statements: and prepare the financial statements on th¢ going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees ar¢ responsible for keeping adequate accounting records that are sufficient to show and explain the ¢haritable company's transactions and disclose with reasonable accuracy al any time the financial position of the charitable company and enable them to ensure that the fjnancial statements comply with the Charities Act 2011 and Companies A¢t 2006. They are also responsible for safeguarding the assets of the ¢haritabl¢ company and hence for thking reasonable steps for the prevention and detection of fraud and other iryularities. OrgAnisgtion The Board of Trustees of The Kenelrn Youth Ttust Limited has responsibility for setting and monitoring perforniance of Kenelm against the strategic objectives and meets a minimum of six times a year. The Trustees have three committees to ￿$1St them in their duties: Finance. Land & HR Commlttee Chair: Mr Edward Howard Members include two trusttts. CEO, the Centre Manager responsible for H & S and co-opted rnembers. The Finance, Land & HR committee meets a minimum of four times per year and considers specific issues in greater detail and makes recommendations to the Board on issues of financial reportin& HR matters, major projec internal financial controls, risk management and the monitoring of cornplian¢e with relevant law and good prn¢ti¢¢. Fundraising.. Communicalions, and Markning Commillee Chair: Mrs Catherine Clement Members include two trustees. the CEO, and ¢04ipted rnembers. The Fundrnisin& Communications and Marketing Committee meets a minimum of fjve times a year. It supports and guides the fundraising function of The Trus¢ monitors communication to stakeholders, actively plans key annual fundraising events and supports Grants to Foundations. Page 2

The Kenelm Youth Trust Lirnited Report of the Tntstees for lh¢ Year Ended 31st December 2024 Youth Minisiry Committee Chair. Ms Carniel Keane Members include tsvo trnstees. the CEO and ¢o-OPted members. The Youth Ministy Committee meet a minimum of three times a year and it supports and guides the overall strategic direction of the Youth Ministy Programme across the Trust to ensure that the Youth Ministy Programmes meet with the Trust's and Archdiocesan Mission. The committee also oversees Youth Ministy programmes across all &spects of the Trust and ensures that the Trust has a visible presence at events within the Ar¢hdiocese and National and International where it may b¢ deemed appropriate. Responsibility for day-to-day operations has been del¢gated to Sandra Satchell. the organisation's ¢hief executive officer. Rlsk Statement The TNstees regularly review the major risks to which the Ory3anisation is exposed. System5 safeguardin8 against such risks are in place to mitigate any risks as far as possible. Key Management Personnel Remuner8tlon Pollcy Key management personnel remuneration is set by the Trustees wlth reference to Diocesan benchmarks and similar roles advertised nationally. WELCOMETO KENELM YOUTH TRUST The Kenelm Youth Trust is Committed to serving young people in the Archdiocese of Binningham and beyond. Through its direct fa¢e-tO-fa¢e work and through the tratning* resour¢es and support provided to other Youth Leaders, Lay Chaplains and others the Trust serves hundrets of young people ¢v¢ry day. The Trust works with Children of all faiths or none. The work of The Trust is Carried out in four 'd¢partments': Alton Castle Ruldentlal C¢ntr¢ for Ilk14 year olds Alton C&8tle 1$ a thriving residential centre for l 0-14 year olds, operating since 1996 as a retreat centre. In 2022 we ¢¢l¢brated the 25th anniversary of The Castle as a youth ¢entre. It has large meeting spaces, a splendid historic dining room and sleeps up to 100 guests. Th¢ Castle is a Scheduled Monument and Grade I listed building surrounded by ancient woodland. Alton Castle has a reputation for offering wonderful outdoor educational and spiritual activities such as biking. archery. climbing and trekking. There is a dynamic peer-l￿peer education team trained to facilitate the work with the children under the direction of qualified staff. Our current goals are: Growing Parish Youth Provision to support families and young people. Reduce overheads where possible while having an attractive. safe and vibrant environmenL Provide holistic retreats and programmes for up to five days for spiritual and personal development which compliment other educational programmes. Building capacity with staff and team to provide more programmes and to support more young people. Consolidate the Bookings System with digital technology. Develop the grounds and site. implement the Biodiversity Project planned within the unique heritage. and creating wonderful educational spaces for children. Major capital project". Implement the Roof and Dorner window work to Guildhall to make watertight. Major capital project: We are considering improvements to th¢ Castle and grounds. Provide dynamic and challenging outdoor educational activities. Ensure the Castle programmes are accessible for children with disabilities and young people who are disadvantaged by reason of poverty, bereavemen¢ or social opportunities. To work towards reducing the carbon footprint of the project. Consider new ways to work with Multi A¢ademy Trusts to enhance occupancy rates. Page 3

The Kenelm Youth Tn￿ Limited Report of the Trnstees for tbe Year Ended 31st December 2024 Soli Centre for Youth Ministry- residential and outreach work witb 14-25 year olds The Soli Centre has been operating as a welcoming and cosy Centre for Youth Ministy in Alton. adjacent to Alton Castle wher¢ we specialisc in bes￿ke residential retreats for young people 14-25 years ol<L The Soli Team consists of a community of young adults and pemianent stsff who are dedicats4 not only to helping young people, but also to growing together in a community of faith and prnyer. The Soli team also Ixing the m¢55age of Christ to schools and parishes through outreach prOg￿Me4 music ministry. mission weeks and other events. The ministy is designed to meet the needs of people from a wide range of backgrounds. bringing them together in intensive rthats offering ￿ experience of Christian community in which life and faith is shared and celebrate(L Soli Team members serve for a y¢ar or more &$ peer-ttrpeer youth ministers sharing their experiences as young Christian5. Through this peer mini5ty approacK young volunteers journey together with teenagers and young adults through positive peNJnal developmfflt progrdmmes and activities. The Soli Project in the period developed some new areas of Work and reestsblished some important offerings: Grow Young LeadeTS- a n¢w Weekend PrO￿￿rne called Limitless continues to grow. The Progression on residenti￿ programmes has been embedded to nurture young people in personal and faith fonnation including piloting materials for Catholic Social Teaching. Investing in young leaders through Apprfflticeship ￿heMeS and trdining opportunities. Increase its work with 6th forn)ers. Offer work to support young people in particular develop well-being and mental health retreat sessions. Offer extensive progression in varied residential programmes for different age gTOUPS. Explore importsnt life and faith issues in a relevant way through the peer education team and trained Reach out to disadvantaged young people. Pilot programmes 2nd retreats for Young C8retS. Develop its Programmes in rwonse to the SYNODAL listening and consultation exercises. Continue to make improvements in the facilities including updating CCTV security and internet ¢onne¢tions. Undertaking a huge capital projeU on the Guildhall to bring it back into use Parish Communlty and Diocesan based Youth Ministry Servius (BCYS) BCYS are a small team of highly skilled youth worker5 who work across the I I deaneries of the Archdiocese of Birniingham which incorporates 208 parishes and wish clusters to bring and serve vibrant Youth Ministy at Parish level. The work includes Liturgy. Prayer. S(Kial Action, Evangelisation, Catechesis. SporL Gathered Events. Adventure Weekend& Summer Camps and other attractive opportunities for young people and young leaders. It works with young people from 10 years to 25 years old BCYS have accompanied over 750 young people through diocesan events pilgrimages and support to youth groups. Throughout 2024 BCYS offered a wide rdnge of training for adults in parishes and delivered 210 Iraining opportunities through Bethsaida (the Dio¢esan Parish Youth ministy certificated ¢ours¢), Mentsl Health First Aid safeguardin& writing risk assessmenty our award schemes JPII and Faith in Action. Leadership. Peer mentoring and Alpha leadership. As well as the local social adion opportunities animated by this team, a group of 20 young adults raised funds and did a Caritas mission fortnight in Malawi in July 2024. This involved a huge amount of planning, fundraising and responsibilities &8 the young adults planned educational activities for schools medical centre visits and fundraised for resources. They visited a Jesuit Institute working on edurAtion around climate change and fundrdised to supply families with seeds dc for plantin BCYS have also supported ¢lergy and parithes with recruiting voluntttr4 developing a parish vtsion for youth ministry. encouraging volunteers to recomKct with young people and tske their fiTSt steps into parish youth ministy with regular face to face meetings with ckrgy, parish youth ministy volunteers and junior kaders. BCYS have supported over 40 parish youth groups with visits and a Forniation Retreat for leaders. It has built up our networK 'Gathered' for Parish leaders. creating a cultLwe of community across parishes and clusters. The Trust created regular resour¢4 a tool kit for practic￿ help and guidance. a calendar of events and a new priva Facebook page for leaders. Pag¢ 4

Th¢ Kenelm Youth Trust IAmlted Report of the Trustee5 for the Year Ended 31st Deeember 2024 In 2024 again staff have been integral in the leadership of the Dtocesan Pilgrimage to ￿Urde$ coordinating the schools, parish and youth ministry section of over 200 young people and 350 parishioners and leading on safeguarding arrangements. This is a vibrant part of diocesan life, the young people serve the SICK and any pilgrims in need of mobility supp(Mt BCYS have strategicalty contributed to diocesan life through SYNODAL listening. the Climate Action Group for the Diocese working to raise awareness and reduce the impact of climate Change. and the Safeguarding support and training for parishes. The Trust is committed to providing high quality re￿Xrn and over 300 has been dedicated to the d¢v¢lopment of both free and paid for Resourtts. Digitsl Reswrces for the 16+ faith 8nd ethical questions were laun¢h¢d in 2024. During 2024, there were 63 training sessions for aduh voluntttr4 these were wepared and facilitated face to face and online, covering Mental Health Awareness. connecting with young people. youth leadership, digital youth ministry, sharing faith and prayin8 with young people. safeguardin& mentoring and Youth Alpha leadership Courses. The Team are organising and a¢¢ompanying a large group to participate in the Flame 2025 Catholic Youth Event at Wembley in March 2025. The Digitsl Ministy Worker has enabled our online presence to extend our communication$ with young people. We are grateful to Trusts and Benefactors for supporting the developnent this important online presence Secondary Sebool Chaplalney Support and Trnlnlng (lay ChApknlncy) The Kenelm Cliaplaincy provision partners wtth the staff in Multi Academy Companies and secondary schools in the West Midlands by providing training resources and other opwrtunilies. Over 40.000 young people are served, inspire<L and impacted by the minisoy of Lay Chaplain& Lay Chaplaincy has develO￿d a series of comprehensive and creative Mental Health Re%)Ur￿ for Young People called Quo Vadis. Our hugely successful Quo Vadis Project builds the mental resilience of youn8 people through the provision of Culturally diverse. differentiated Catholic mental health and well-being resources (www.kenelmyouthtrust.or8.uk/secondaryquovvadi$.html). A unique resource. it 0ri8inally deVel￿d to help youth ministy respond to the pandemic and the emerging mental health crisis amon8St young people. The programme enabled young p¢opl¢ to navigate their way through Covid, developing personal resilien￿ and t￿lS to pnKess their thou8hts ustn8 the centrality of faith as the basis for their recovery and healing. Quo Vadis is offered in a variety of ways so that schools and parish groups can choose a style that suits their particular circumstances. It is designed to be a flexible ,￿b and go resour¢e' (one for primary ￿hOolS and one for secondary schools) delivered in 6 sessions with an accompanying journal. To maximise scope and reach. the resources sit on an online leaming platforni. During the think tanks last year, young people highlighted the areas of the faith that hard to grapple with. To enable intelligenL robust and p8stQTal conversation around these topics. a brand new digital resource was created. Illumine is a resource aimed at our 6th forni and university students. It explores topics such a sexuality, gender and sufftring and dives into these are￿ usin8 Spirits￿ synodal conversations. This resour￿ also Sits on our onlin¢ learning platfonn. Recent achievements include: Over l 00 young people have been trdined to be student leaders in their own communities. Focusing on Laudato Si and exploring Our Common Home* young people were empowered to be able to go back to their own ¢ommunities and make an impact using the practical tools they had l¢amed. There are 30 Lay Chaplains serving 28 school& Quo Vadis now serves 44 Primary ￿h0O15 and 29 Secondary Schools. This year over 50 Student Mental Health Ambassadors were trained in 6th forms. Over 60 hours of training offered this year. Page 5

The Kenelm Youth Trust Limlted Report of the Trust¢¢s for tbe Year Ended 31st December 2024 Illumine was released - a new resource to explore lopics with young adults around faith issues such as suffering, science and gender. Significant planning and development for our new Spotlight Deep dive Catholi¢ Mentsl Health Resources was undertaken The value of the Lay Chaplain continues to be reCO￿lsed by our secondary schools where annual contributions assist in funding the p05t. This role has provided training and networking opportunities for Lay Chaplaincy as well as professional advice for secondary s¢hool leadership. The Work includ¢$: Support and professional advi¢e to Principals. Heads and S¢nior School Leadership for guidance in attracting, recruiting and appointing Lay Chaplains. The Chaplaincy Co-ordinator also provides bespoke induction and training for newly appointed secondary school Chaplaincy staff. Provision of the Perxsn in Charge of Catholic Life (PICCLS) CPDF program twice a year at the DES. Regular professional development of Lay Chaplains. Non-management supervision. Developing strong links with the Catholic Education Service. Delivery of a year-long Certificate in Chaplaincy. Facilitating the sharing of resources and good practice. Student Chaplaincy Training and development. Trading Subsidiary- Kendm Hospitality Limited In order to mitigate any risk to the ¢harity'S asse￿ a wholly owned subsidiary company• Kenelm Hospitality Limited operates to undertake commercial lettings of the charity's property. All profits of Kenelm Hospitality Limited are donated to the charity on an annual basis under the gift aid scheme. The financial statements of Kenelm Hospitality Limited are inco￿Orated into the accompanying consolidated fmancial s&itements. OWECTIVES The Charity's objects are: To help and advance the education of children and young people in Birniingham, the Black County. Coventy. Oxfordshire, Staffordshire. Warwickshire and Worcestershire (the "area of benefit") so as to develop their physical. mental and spiritual capacities that they may grow to full maturity as individuals and members of society and so that their conditions of life may be improved. To advanrx the spiritual development of children and young people by the provision of support and assisL2nce. To provide educational and recreational activities for children and young people living in the area of benefit who have need by reason of their age. Infi￿lty OT disability. poverty or social and economic ¢ir¢urnstances with a view to improving their future prospects. To provide training and developrnent opportunities for young people and adults so they are able to undertake leadership roles within the Charity Ènd within their communities. To or for such other charitable purposes &$ the Directors rnay from time to time detemiine in pursuance of the objects. The airns of the Trust are: To offer high impact residential experiences to schools, parishes and youth organisations at the two residential Centres. To foster the Holistic Educ*ional Development (spiritual, personal, moral, mentsl and emotional wellbeing) of young people. To develop and support Parishlcommunity based Youth Ministy. To train the staff and volunteers in the Centres and out in the community to qualify them to encourage the personal development of e￿h young person to reach their greatest potential. To offer vocational training and support to Youth Workers. Youth Ministers, and Secondary School Lay Chaplains. To develop networks of youth groups and events for young people and young adults. Page 6

The Kenelm Youth Trust Limited Report of the Trustees for the Year Ended 31st December 2024 The main objectives of The Trust for the year were: Develop digital work with young people and leaders. Provide a rich and varied the calendar of Youth Events. Undertake Major Capital works on the Guildhall roof and dorn]er windows and review the prioritie5 from the Quinquennial Report for the properties at Alton. Consider income streams to support the charitable activities. Continue with SYNODAL ¢onversations with young people. Continue to develop well-being and mental health programmes and resources. Review adventurous activities and renew equipment as required. Embed the new bookings system and invest in digitsl technology to support the new system. Re -commence Young Adults Ministy. Review the health and safety aspects of the site and plan for improvements and upgrades as required. Plans to ensure Alton as a histori¢ site, and Soli meets best prdctice. The Faith Forniation. skills development of young adult and adult volunteers. Re-establish Parish Youth Ministy at local level. Extend the sumrner camp programme to reach more young people. Offer a major Social A¢tjOD Witas project for Young Adults 18-29. To increase the number of young people at the Lourdes Annual Pilgrimage and grow the level of participation by Young Pilgrims. Ongoing review of the three-year business plan and budgets in consultation with expert advice with a focus on climate issues and commilment to work towards Netzero carbon emissions by 2030. Review Energy provision and costs while aiming at being Netzero by 2030. In setting the objectives and planning our activities, the Trustees have given careful consideration to the Charity Commission's genernl guidance on public benefit. All of our activities are undertaken to fyrth¢r our charitable activities for the public benefit. In working to our ¢harAtsble objectives we offered a number of subsidised and free places and activities on a donation basis to disadvantsged young people to enable full participation. ACTIVITIE& ACHIEVEMENTS AND PERFORMANCE History For over 75 years The Ar¢hdio¢ese of Birmingham has fostered a range of youth provision activity thai has included a Commitment to both creative residential retreat work with young people and parish and community- based youth work. In June 2011 the decision was made to estsblish a Youth Trust and amalgamate all elements and establish a ¢ollaboration with the Depathent of Education (DES) to support the development of School Chaplaincy. Since 2016 Alton Castle, Chaplaincy, BCYS and Soli Centre have opernted together and under the banner of The Kenelm Youth Trust. Soli has moved to Alton, and we enjoy economy of scales and greater efficacy. Historie Property From 2016 The Kenelm Youth Trust has secured four 99-year Leases to incorpordte all the buildings and grounds used by the projects in Alton. We have been in discussions with the Archdiocese of Birniingham regarding the use of properties and land in Alton for the long-tenn use for work with young people and to develop a sustainable futur¢ for the work of The Kenelm Youth Tn￿. These include the site of Alton Castle. the site of St Johns School and Playground and St Johns Convent adjacent to St John the Baptist Roman Catholic Church. a large piece of land and woodland in the Churnet Valley and the Stsbl¢s bungalow, and the 'Soli Centre for Youth Ministy,, adjacent to the Castle grounds. Page 7

The Kenelm Youth Trust Limited Report of the Trustees for the Year Ended 31$t Deeember 2024 Aehievements and Performance Once again, this report can only provide a glimpse into the breadth of vibrant work undertaken by Kenelm to. with, by and for young people. The other part of the story is in the testimony of those who visit and work at the residential Centres or the Countless young people across the West Midlands serviced by our Parish team of Youth Development staff and volunteers. High impact experiences are facilitsted lo grow well-being and Spiritual Forniation. The Centres at Alton welcomed over I 1,000 young people in 2024. Kenelm also continu¢5 to develop imaginative and vibrant pi¢res of worf( to engage with young people and respond to their emerging needs. KYT are responding to the emerging issues that are evolving from continued SYNODAL processes and from annual listening and consultations with a wide rnnge of young people and stakeholders. During this period considerable achievcments have been made: With external funding support The TNst employed a New Digital Ministy Worker. A series of 3 successful Conferences were held in October 2024 exploring pastoral needs of young people. These Tralning and Fonnation events included Clergyi Youth Ministers. Senior High S¢hool staff and pastordl workers. Extended professional Training in are￿ su¢h as Mental Health and Young People for stsff. Health and Safety work and r￿e safety improvements* particularly with improvements to doors and fire doors. Energy contracts reviewed and new green energy ¢ontract to reduce costs. A record number of parishes had access to a local youth provisionlactivity. Fundin8 appeal continued for the urgent repairs to the Guildhall roof and domier windows. This six- month major Capital Project Commenced in August 2023 and ¢xtended to fjnish in April 2024. Internal decorations to the Guildhall have made this a welcoming and usable space once again. Electrical works continue across the site and instalSing LED lighting. Vehicle replacement for the aging and worn out Groundho8 with a new Kioti grounds vehicle to help stsff care for the 63 acres of grounds and woodlands. Significant Soli improvements and r¢novations including replacements of all bunkbeds to meet new British standard& new mattresses and renovations to 2 bathrooms and redecoration to two complete floors. Across the Trust developments have in¢luded: A new Biodiversity projecL groundwork to restore meadow, ¢learlng for new tree4 and the sowing of a biodiverse meadow in Parthership with Severn Trent funding. Foundations for further Young Adult Work with World Youth Day Pilgrims. Stritegic work on business plafts and financial planning and fundraising. Embedding the new Bookingsi CRM and Digital Contract systems. Major Capital Works. Planning and development of a new resour¢e$ including SYNODAL follow up and Catholic Mental Health and Well-being Resources. We have extended our parn]er3hip with Porticus UK to support the expansion this work, responding to Current pastoral need. Outlook Our hope and expectation is that Kenelm will ¢ontinue to thrive and most importantly impa¢t the Faith and Personal development thousands of more young people. The Tiiist aims to Continue its strategy of working directly with young people. mainly at our residential Centres in Alton and events across the diocese, and indirectly through our trainin& resources and programmes for parishes and schools. Alongside this work we plan on continuing to grow our Quo Vadis, catholi¢ mental health work to support young peoples faith and mentsl well-being. We are developing Conference style events to equip those in Youth Ministy to respond to trends in Pastoral needs. We are also planning on further equipping Leaders including clergy with training to enable Churches and communities to work with their youn8 people through a pilot of 'Launchpad' enabling them to develop a plan that is relevant and realistic. This will be supported and complimented by our well estsblished Bethsaida training programme. The Trust plans to return again to review energy contrncts in 2025 and has committed to green energy sources. The ¢hange in ¢ontract during 2024 should produce sorne savings. Page 8

The Kenelm Youth Trust Limited Report of the Trustees for the Year Ended 31st December 2024 We had budgeted a manageable deficit in 2024 due to major capital works. We are planning on having a more stable year in 2025, with no major ¢apital projects planne4 and the outlook is promising towards managing the increases in NI contributions expected at circa £38,000. Appreelatlon Appreciation is given to all the Parishes, school4 families and young people who have participated or were involved in groups, trips. activities, and events, enabling the Trust to achieve its aims and goals. The Trust believe our staff and Mission Team are our most valuable resource and we continue to devek¥P their skills with a wide range of in-house training and offer staff fonnation and retreats. Sincere gratitude is given to our dedicated staff and volunteers. individuals. foundations. and partners, that through their time, energy and financial supporl have ensured KYT has continued with its charitable activities in Challenging time& FINANCIAL REVIEW Revlew ofihe Flnanclal Year The financial year reflects a continuation of the previous year's Erowth in activity and income. However, this increase has once again been achieved through in¢reases in costs an4 when coupled with ongoing major repair projects to the Trust's buildings and a reduction in funding available in 2024 from the Archdiocese for all its partners, an overall deficit for the year has resulted. The ststement of financial activities shows incoming resources from pits and donations d￿reasing by £24.049 to £474,962 and incoming rasources from tharitable activities increasing by £109,072 to £1,069.089. Overall, total income increased to £1,666,188 compared to £1,598.402 in 2023. In¢reases in wages and salaries ¢osts. as a living wage employer, ¢oupled with higher ¢haritsble expenditure. including support ¢osts. associated with the growth in activity and major repair projects to the Trust's buildings has resulted in an in¢rease in total expenditure to £1,732.429 from £1,695,176 in 2023. Soli Centre costs include the running of the listsd building of St John's old school and Guildhall. This is the building with seven ensuite rooms and the Guildhall above it. During 2023 and 2024 there were major ¢apitsl works carried out on the Guildhall roof and dornier windows to make this weatherproof with heritage 'like for like, repairs. The total cost of the project was £102,359 in 2023 and £61,822 in 2024. These costs are in¢luded in total expenditure anl although partly covered by generous grants and donations. the project has contributed to the overall deficit in both 2023 and 2024. In¢om¢ for parish and diocesan (BCYS) projects, training and w0￿S are supported by the Archdiocese, do not produce charitable income and very rarely attract grdnts for core costs. Direct expenses. such as passes to Flame, are recovered with the aim is to cover direct expenses wherever possible. The ¢ore overheads and running Costs for thi5 department remain stable at £234,096 for 2023 and £226,058 for 2024 The overall result is a net deficit for 2024 of £6624l cOmpa￿d to a deficit of £96.774 in the previous year. Reserves At 31st Decernber 2024 the Trust held total reserves of £656.118, a decrease of £66241 from the previous financial year. Of these reserves. £111863 are restricted funds, £161253 have been deSi￿ted for specif purposes and £119288 are held as fixed &8sets, leaving a balan¢e of free reserves of £262,714. The Board of TNstees have awed that developing 8n appropriate level of reserves is required in order to: Meet contractual liabilities should the charity have to close. This includes redundancy pay and amounts due to creditors. Meet unexpected costs liTre staff cover re illness. maternty leave, parental leave, legal ¢osts. Replace essential equipment as required. Ensure the Trust Can continue to provide a quality Youth Service. Provide wotking capitsl when funding pledged is paid in arrears (this can be paid up to 12 months in arrears). It is the aim of the Trustees to maintsin a level of free reserves equivalent to three months of the forthcoming year's l)udgeted unrestricted expendithre. Reserves at 3111 December 2024 are in line with this policy. Page 9

The Kenelm Youth Trust Limited Report of the Trnstees for the Year Ended 31st Deeember 2024 Designated Funds At 3111 December 2024 the T￿￿te¢S have designated fimds totalling £161253 as follows: £44,913 for BCYS to be utilised in the next five years to provide youth ministy services within the Binningham Catholic Diocese. £1,696 to be utilised in the next two y&vs on the refurbishment of Alton Castle. £14,441 to be utilised in the next two years to support the development of Quo Vadis. extending mental health resources. £56,803 to be utilised in the next three years for emergency exit stairs and rqmir of C&8tle windows. £23,400 ￿ be utilised in the next three years for new disabled access to Alton Castle. £10,000 to be utilised in the next three years to refurbish the Alverton Building. £IO,(KiO to be utilised in the next two years for energy redurfion measures by making improvements to the enviromnent through the reduction of cart)on emissions and increased sustainability. Looking Ahead Moving forward we must meet funding requirements for the following planned projects: Updating disabled a¢¢¢ss inside the Castle and provide a disabled access into The Castle. Extend effe¢tive parish and diocesan level youth provision to support Spiritual F0m￿tiOn. Respond to the increased level of requests for Soli week long ￿h0o] mission Extend the offer of high impact camp4 residentials and mission opportunities to ensure disadvantsged young people can participate. Continue training for all staff to ensure Safeguarding policies are implemented. Develop Young Adults in their vo¢ation and understanding of their mission in the world. Planning on New Programmes such as Retreats for Altar Servers following the successful pilot with the Vocations Office in 2024. Reviewing and planning to expand on KYTS work around Mental Health and Young People in partnership with Porticus UL Continue to offer Conference Events to raise awaren￿ and offer Fomiation on trends and need among young people. Continue to consider long terni Energy Plans for the tesidential centres to address the huge price increase in green energy. Continue with private and commercial family b￿king5 at Soli. during weekends and holidays. Launch funthaising for Castle works. to include providing disabled access into the Castle, updating disabled access inside the C&stle improvements to pathways. and Pugin heritage care. Our residential centres serve mainly schoots. The strntegie direction of the Diocese to develop a strong and flourishing Catholic Multi-Academy Company Framework provides opportunities for KYT to work ever closer with these Education Trusts to provide ever more joined up and structured provision across the Midland& with progression through Primary. Secondary and Sixth-fomi wovision. The 2024 resulty while ¢hallengin& still show a pleasing trend of growth in charitable income streams and so enable Kenelm to continue with confidence that we continue to rneet our charitable objectives. Overall, the picture is re&sonabl¢ considering significant major works place. However. we must move fonvard with caution. Issues affe¢ting all OTganisation4 Such as regular increases in living wage, Nl contributions. increasing wage and energy costs, indicate that the ￿tUre will continue to be a challeng< We are grateful to our benefactors and pathers for their ongoing committnent to yujng people. Fhnanei41 and risk management objectives and policie The Trust's principal finan¢ial instruments comprise of c&sh and cash equivalents. The trade creditors and trade debtors arise from the Trusts operating activities. The Tn￿t does not currently undertake any hedging activity and any significant fmancial risks are addressed on a case-by-case basis. The Tn￿t has no bank borrowing but has limited credit card facilities. Credit rffisk The Trust's bookings policies aim at minimizing such losses and overdue debts ar¢ monitored with sch(M)Is and customets to ensure that the Tn￿t'S exposu￿ to bad debt is not significanL Page 10

The Kenelm Youth Trust Limited Report of the Trustees for the Yur Ended 31st December 2024 Llquidity risk The Trust aims to mitigate liquidity risk by managing cash generated by its operations. Flexibility is retained by relaining surplus cash in the bank accounts. Limits on spending and policies on spending limits are in place. srATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS In so far as the Trustees are aware at the time of approving ow trustees, annual report: there 1$ no relevant inforn)ation. being needed by the auditor in connection with preparing their report of which the auditor is unaware, and the truste¢& having made enquiries of fellow directors and the auditor that they ought to have individually taken. have each taken all steps that helshe is obliged to take as a director in order to make themselves aware of any relevant audit infonnation and to establish that the auditor is aware of that inforniation. This report h&s been prepared In a¢¢onlance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finan¢ial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective Ilt January 2019) and in a¢¢ordance with the special provisions of Part 15 of the Companies Act 2006 relatin8 to small companies. Approved by tPrf Board of Trustees on 3° September 2025 and signed on its behalf by Mr E Howard- Trustee Pagell

Independent Auditor?s Report to the Members of The Kenelm Youth Trust Limited Opinion We have audited the finan¢ial statements of The Kenelm Youth Trust Limited (the ￿arent charityry and its subsidiary (the -group￿ for the year ended 3111 December 2024 which comprise the Consolidated Ststement of Fin8n¢ial Activities. the Consolidated Balance SheeL the Company Balance SheeL the Consolidated stateM￿t of Cash Flow4 Notes to the Consolidated Ststement of Cash Hows and Notes to the Consolidated Financial Ststements. including a summary of significant accounting policies. The financial rq)orting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standard4 including Financial Reporting Standard 102 -The Financial Reporting Stsndard applicable in the UK and Republic of Ir¢lan(r (United Kingdom Generalty AcceNed Accounting Pra¢ti¢e). This report is made solely to the charity's memiw as a body, in accordan¢e with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might sta to the charity's members those matters we are required to state to them in an auditorfs report and for no other PUTPOS& To the fullest extent pern)itted by law, we do not ac¢¢pt or &8sume responsibility to anyone other than the charity and the charity's members as a body, for our audit worK for this reporL or for the opinions we hav¢ fonned. In our opinion the financial statern￿ts: give a true and fair view of the stste of the group's and of the parent charitable company's affairs as at 3181 December 2024 and of the group's incomll)8 resources and application of resources. including its income and expenditure. for the year then ended; have been property prepar￿ in accordance with United Kingdom Generalty A¢¢epted Accounting Practs¢e; have been prepared in &corthce with the requirements of the Companies Act 2006. Basb for opinion We ¢ondu¢ted our audit in a¢¢ord8n¢¢ with tnternationaj Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are firth¢r described in the Auditor's responsibilities for the audit of the financial statements sectii)n of our repo￿ We are independent of the ¢haritable group in accordanr£ with the ethical requirements that are relevant to our audit of the financtal ststements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other &hical responsibilities in accordance with these requirements. We believe that the audit evid¢n¢¢ we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclu$ion$ relating to going ¢oneern In auditing the financial statements. we have concluded that the tru¢g use of the going concern basis of accounting in th¢ preparntion of the financial statements is apprq)riate. Based on the work we have wfornie4 we have not identified any Material uncertainties relating to events or conditions thaL individually or collectively, may cast significant doubt on the company's ability to ¢ontinue as a going concern for a period of at1¢&8t twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with rw to going concern are described in the relevant sections of this repo Page 12

Independent Auditor's Report to the Members of The Kenelm Youth Trust Limited Other information The trustees are responsible for the other inforniation. The other infonnation comprises the inforn]ation included in the trustees, report other than the fmancial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other inforniation an(L except to the extent otherwise explicitly stated in our reporL we do not express any forni of ￿urance Conclusion thereon. In connection with our audit of the financial statements. our reswnsiTr>ility is to read the other infornlation a in doing so, consider whether the other inforniation is material]y inconsisknt with the fmancial statements or our knowledge obtained in the audit or otherwise appears to be materialty misstated. If we identify such material in¢onsistencies or apparent material misstslements, we ar¢ required to deterniine wh¢theT there is a material misstatement in the fmancial stsments or a material misstatement of the other infonnation. If. based on the work we have perfornie￿ we conclude that there is a material misstament of this other information, we are required to rep)rt that fa¢L We have nothing to report in this regar Oplnlons on other matters prexribed by the Companies Act 2006 In our opinion, based on the work undertaken in the cours¢ of the audit the inforniation given in the trustees. report (incorporating the directors, report) for the financial year for which the financial ststements are prwed is consistent with the fuwicial 5t2tements" and the trustees, report (incorporating the dire£ti)rs' rem) has been prepared in accordance with applicable legal requirements. Matters on whkh we are required to report by exeeption In the light of the knowledge and understanding of the Group and Parent Charitable Company and its environment obtained in the course of th¢ audiL we have not identified material misstatements in the directors, report included within the trustees. Tepo We have nothing to report in resm of the following matters in relation lo which the Companies Act 2006 requires us to report to you if, in our opinion: adequate and proper accowiting records have not be￿ kepL or returns adequate for our audit hav¢ not been re￿iVed from brdnches not visited by us" or the finan¢ial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, rernuneration specified by law are not made; or we have not received all the infonnation and explanations we require for our audQ or the trustees were not entitled to prepare the financial ststements in accordance with the small companies regime and take advants8e of the small companies, exemptions in preparing the ljiistees report and from the requirernent to prepare a group strategic rwrL Pag¢ 13

IndepeDdent Auditor*s Report to the Members of The Kenelrn Youth Trust Limited Responslbllities of the trustees As explained more fully in the tsvstees, responsibilities statement set out on page iwo, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they detemiine is necessary to enable the preparation of financial statements that are free from material misstatemenL whether due to fraud or error. In preparing the fmancial statements, the trustees are responsible for assessing the Group's and the Parent Charitsble Company's ability to continue as a going con¢ern, disclosing, as applicable, matters related to going ¢oncern and using the going concern basis of accounting unless the tru5t¢es either intend to liquidate the Group or th¢ Parent Charitabl¢ Company or to cease operations, or have no realistic altematxve but to do so. Auditor'$ responsibilities for the audlt of the financial staternents Our objectives are to obtain reasonable assurance about whether the financial 5tstements as a whole are free from material misstatemenL wheth¢r du¢ to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assuronce is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or ¢rror and are considered material if. individually or in the aggregate, they ¢ould reasonably be expected to influence the economi¢ decisions of users taken on the basis of these financial statements. Irregularitie4 including hud, are instances of non-compliance with laws and regulations. We design procedure5 in line with our responsibilities. outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularitie5, including fraud is detailed below: We obtain¢d an und¢rstanding of the legal and regulatory frameworks applicable kn the group and charitable company and the sector in which they opernte. We obtained an understanding of how the group and charitable company are complying with those legal and regulatory frameworks by making enquiries of the persons charged with governanc& We corroborated our enquirie5 through our review of board minutes. We reviewed the financial ststement disclosures and tested to supporting documentation to assess compliance with applicable laws and regulations. We perforn)¢d audit work over the risk of management bias and overrfde of controls including testing of journal entries and other adjustments for appropriateness and reviewed accounting estimates for indicators of potential bias. A further description of our ￿SponSibl]ItieS for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uwauditorsresponsibilities. This description fonns part of our auditor's report. Page 14

Independent Auditor's Report to the Members of The Kenelm Youth Trust Limlted Use ofour report This report is made solely to the charitsble company's members, as a l)ody, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the charitable company's members and trustees those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law. we do not accept or a8sume responsibility to anyone other than the charitable company and the charitable company's members as a body and the charitable ¢ompany's trustees as a body. for our audit worK for this report or for the opinions we have fornied. Matthew Gibbs FCA (Senior Statutory Auditor) for and on behalf of Rice & Co Limited Chartered Accountants Statutory Auditors 14A Mark¢t Place Urtoxeter Stsffordshire ST14 8HP Date.. 3rd September 2025 Page 15

The Kenelm Youth Trust Limited Consolldated Ststement of Financial Activities {including Consolidated Income and Expendlture Aeeount) for the Year Ended 31st Deeember 2024 Unrestricted Funds 2024 Restricted Funds 2024 Totsl Funds 2024 Total Funds 2023 Note Income: Grants and donations Charitable activities Trading activities Fundraising Investmenis Other 295,567 1,069,089 88,512 4,326 15.966 13,333 179.395 474,962 1,069,089 88,512 4,326 15.966 13,333 499,011 960.017 108,482 10,437 12,603 7,852 Total Income 1,486,793 179.395 1.666 188 1598.402 Expendlture: Costs of generating grants and donations Charitable activities Trading activities Fundraising Governan¢¢ ¢osts 52,577 1.457,926 21.009 1,145 52,348 52,577 1.605,351 21,009 1,145 52,348 65,981 ,514,538 21,022 9,417 84,218 147,425 Total expendlture 1585 004 147425 1.732 429 ,695,176 Net in¢omel(expendlture) for the yeAr (98,211) 31,970 (66,241) {96,774) Transfers between funds Net movemenl In funds (98,211) 31,970 (66,241) (96,774) Total funds brought forward 641,466 80,893 722,359 819,133 Tol41 funds ¢arrled forward 543,255 112,863 656 118 722.359 The Statement of Finan¢ial Activities in¢ludes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes fomi part of these financial statements Page 16

The Kenelrn Youth Trust Limited (regisl¢r¢d ¢ompany number: 07682500) Consolidated Balanee Sheet as at 31$t December 2024 Group 2024 Group 2023 Charity 2024 Charity 2023 Note ixed assets Tangible assets Investrnents 13 14 119288 121,012 119288 121,012 119288 121.012 119289 121,013 Current assets Debtors Cash at bank Cash in hand 15 16 183.051 628,953 4,472 156,047 743,023 2.847 178.195 576,450 4.472 143.634 670,867 2,847 816.476 901,917 759,117 817,348 Llabllities Creditors: Amounts falling due within one year 17 (279.646) (300.570) (274,314) (291277) Net current assets 536.830 601.347 484,803 526.071 Net assets 656,118 722,359 604,092 647.084 The funds of the charity Unrestricted income ￿ndS Restricted ineome funds 543255 112.863 641,466 80,893 491,229 112.863 566,191 80,893 21 656,118 721359 604.092 647,084 The financial ststements have been prepared in ￿cOrdanCe with section 398 of the Companies Act 2006 and section 138 of the Charities Act 201 l. The financial sLilements have been prepared in accordance with the special provisions of Part 15 of the Companies Act Telating to small companies and constitutr the annual financial statements required by the Companies Act 2006 and are for circulation to members of the Company. Approved by the Board of Trustees on 3rd September 2025 and signed on its behalf by .. Mr E Howard- Trus The notes fomi part of these financial statements Page 17

The Kenelm Youth Trust Limlted Consolidated Statement of Cash Flows for the Year Ended 31st December 2024 Group 2024 Group 2023 Charity 2024 Charity 2023 Note Cash tlows from operating activities (80,260) 4,303 (60,607) (9,431) Cash flows from Investlng aetlvlttes Pur¢h&se of tangible fixed assets (32,185) (11,067) (32,185) (11,067) Change in eash and cash equivalents in the year {112.445) (6,764) (92,792) (20,498) Cash and cash equivalents at the beginning of the year 745.870 752,634 673,714 694212 Cash and cash equivalents at the end of the year 633,425 745,870 580.922 673,714 The notes fomi part of these finan¢ial statements Page18

The Kenelm Youth Trusl Limited Ngtes to the Consolidaled Statemmt ofcash Flows for the Year Ended 31st December 2024 I RECONCILIATION OF NET EXPENDITURE TO CASH GENERATED FROM OPERATIONS Group 2024 Group 2023 Charity 2024 Charity 2023 Net cash inflow from operating activities Net incomel(expenditure) Depreciation Decreasel(increase) in trade debtors Decreasel(increase) in amounts owed by group undertakings Decreasel(increase) in other debtors Decreasel(increase) in prepayments and accrued income Intreas&(decrease) in trade creditors Incre&se1(decre￿} in other creditors Increasel(decrease) in social security and other taxes Inereasel(decrease) in accruals Incre&se/(decrease} in deferred in￿rne (66,241) 33,909 (4,970) (96,774) 42.214 20,886 (42,991) 33.909 (7,973) (114,242) 42,214 16,415 (4,554} (9.165) 5,250 9,945 (9.165) 9.945 (12,869) 6,342 (6,990) {1.342) (10,721) (8213) (12.869) 6289 (6,090) (1,342) (10,791) (5.030) 1,117 7,931 9.787 4,913 (2J16) 9,555 7,931 10.687 4.913 (2,226) 5.610 Net tash provided byl(used in) operating aetivities 80,260 4,303 (60.607) 9,431 2 CASH AND CASH EQUIVALENTS Group 2024 Group 2023 Charity 2024 Charity 2023 Bank Current accounts Bank deposit accounts Cash in hand 121.584 507,369 4.472 151.613 591.410 2,847 69,080 507,370 4,472 79,456 591,41 2.847 633,425 745.870 580.922 673,714 3 ANALYSIS OF CHANGES IN NET DEBT Balance at 01.01.2024 Cash flows Balance at 31.12.2024 GROUP Cash at bank Cash in hand 743,023 2.847 (114,070) 1.625 628.953 4,472 745,870 112,445) 633,425 CHARITY Cash at bank Cash in hand 670,867 2,847 {94.417) 1,625 576,450 4,472 673,714 92.792 580,922 The notes forni part of these fjnancial statements Page 19

The Kenelm Youth Trust Llmlted Note$ lo the Consolidgled Financial Statements for the Year Ended 31st December 2024 I STATUTORY INFORMATION The Kenelm Youth Trust Limited is a private charitable company, limited by guardntee, registered in England and Wales. The charity constitutes a public benefit entity as defined by FRS 102. The Company's and charity's registered numbers and registered office address can be found on page l of The Report of the Trustees. The presentation Currency of the financial statements is the Pound Sterling (£). 2 ACCOUNTING POLICIES Basls of preparlng the financlal Statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 2019) - Charities SORP (FRS 102). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102> and the Companies Act 2006. Basls of consolldatlon These consolidftted financial ststernents incorpornte the financial statements of the charity's subsidiary undertakin8 Kenelm Hospitality Limited. a company incorporated in England and Wales. Golng concern The trustees a5s¢9s whether the use of going concern 1$ appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast Significant doubt on the ability of the charitable company io continue as a soing concern. The trustees have made this assessment in respect of a period of one year from the date of approval of the financial $tat¢ments and ¢onsider that no such material uncertainties exist. lrt¢omlng wouree$ Incomin8 resources are stated after the deduction of discounts and value added t&x and have been included in the financial statements on the followin8 b&ses: Grants and donations are recognised where there is entitlemenL certainty of receipt and the amounl can be measured with sulTicient reliability. Gift aid donations received from the charitable company's trading subsidiary are not made under any ¢ontra¢tual obligaiion and are in¢luded in the financial ststements when the donation has been received. Donated services and facilities are included in the financial statements when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately ar¢ rew8nised as income with an equivalent amount recognised as an expense under the appropriate heading in the statement of financial activiti¢s. R¢treaiS - income from retreats is included in the financial statements on the date of the retreat. Amounts received in 2024 for 2025 retreats have been deferred and will be included in income in the year ended 31 st December 2025. Events - income from events is included in the financial slatements on the dale of the event. Amounts received in 2024 for 2025 events have been deferred and will be included in income in the year ended 3 1st December 2025. L4y Chaplaincy- income from Lay Chaplaincy is included in the financial statements in the period in which the service is provided resulting in the charitable company obtaining the right to ¢onsideration. Amounts received in 2024 relating to periods after 3 1st December 2024 have been deferred and will be ineluded in income in the year endcd 31st December 2025. Trading activities - income from trading activities is included in the financial ststements in the period in which the goods or services are provided resulting in the ¢harilable company obtaining the right to consideration. FundraisTng income - income from fundraising is recognised where there is entitlemenL certainty of receipt and the amount can be measured with sufficient reliability. Page 20

The Kenelm Youth Trust Llmited Notes to the Consolidated Financial Slatements for the Year Ended 31st December 2024 2 ACCoU￿1NG POLICIES (eontlnued) Incomlng re50urce5 (continued) Government grants - grants relating to revenue are recognised in income on a systematic b&sis over the periods in which the entity re¢ognises the related Costs for which the want is intended to comp￿saI¢. Other in¢om¢ - all other incorne is included in the financial statements when the amount and entitlement to the income can be measured with reasonable certainty. Resources expended Resources expended have been included in the financial $tst¢M￿ts when an obligation to transfer value to a third party has been entered into. Resources expendcd have been allocated in the Statement of Financial Activities as follows: Costs of generating grants and donations voluntary income. all expenditure directty and indirectly associated with administering Charitabk activities - all expenditure directty and indirectly a%sociat&l with Meeting the <>bjectives of the charitable company. Trading xtivities - all ¢xp¢nditure directly and indirectly lssociakd with sundry tradin Fundraising activities - all expenditure directly and indirectly associated raising funds. Governance costs- all expenditure relating directly or indirectly to the ￿er81 running of the charitable company. Support costs include all head otTice and salary costs. These have been allocated to xtivity cost categories bosed on eslimaled time ex￿nded in each areL Tangible fjxed assets Individual tangible fixed assets Costing more than £2.500 are capitalised at their historical cost. Depreciation is provided at the followin8 annual r*es in order to write off each asset over its estimated usefvl life or, if held under a finance lea% over the lease ternL whichever is the shorter: - Freehold property over 45 years straight line - Household equipment over 4 years straight line - Motor vehicles 25Yo reducing balance - Office equipment over 4 years strnight line Debtors Trade and other debtors are recognised al the settlement amount due after any trade discount offered. Prepayments ar¢ valued al the amount prepaid net of any trade discounts due. Creditors And provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past ¢v¢nt that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount after allowing for any trnde discounts due. itasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page21

The Kenelrn Youth Trust Limited Notes to the Consolidated financial Statements for the Year Ended 31st December 2024 2 ACCOUNTING POLICIES (eonilnu¢d) Restrleted funds Restricted funds ￿ lale lo grants received which only be applbed for a specific purpose. Where 8fdnts have been received for specific capital purposes and the funds have been utilised the restriction is treated as being effectively discharged and a transfer of the amount spenl is made to the general fund. The asset is included in unrestricted assets of the charity. Designated funds Designated funds are amounts which have been set aside out of unrestricted fill￿ to be utilised for specific purposes. The purpose of the designations is to identify that portion of unrestricted funds that has been non-contractually committed. Where funds are designated buL due to a change in ¢1￿UmS￿nc4 are never ulilised for the designated purpose, they are transferred back to the general fillxl. Pensions The charitsble company operates a defined contribution p￿S1o￿ scheme. Contributions payable for the year are included in resources ¢xp¢nded. Taxatlon All surpluses of the charitable company are utilised to fiwther its charitable objects and are exempt from taxation. The group would norn)ally recognise a taxation charge on the profits of the trading subsidiary. However as the entire profits generaied by the trnding subsidiary in the financial year will be donated to its parent charity within nine months of the reporting date. the application of the exception under parawh 29.14A of FRS 102 provides Telief in respect of accounting for the tax charge. 3 INCOME FROM GRANTS AND DONATIONS Unrestricted Restricted Funds Funds Total 2024 Total 2023 Grants - Diocese ongoing grdnts Donated facilities - rent free premises Other 8rants and donations 200.01)0 49248 46J19 200.000 49,248 225.714 304,260 45.600 149.151 179.395 295.567 179.395 474.962 499,011 4 INCOME FROM CHARITABLE AcfiviTIES Un￿trICted Restricted Funds Funds Total 2024 Totsl 2023 Alton Castle 769.323 221,901 24.190 53,675 769.323 221,901 24.190 53.675 608,561 203.135 100,381 47,940 BCYS Lay Chaplaincy 1.069.089 1,069,089 960.017 Page 22

The Kenelm Youth Trust Limited Notes to the Consolidated FinAncial Statements for th¢ Y¢ar Ended 31st December 2024 5 INCOME FROM INVEsfMENTS Unrestricted Funds Restrtcted Funds Total 2024 Total 2023 Bank interest receivable 15.966 6 COSTS OF GENEIL4TINC GRANTS AND DONATIONS 2024 2023 Direct Charitable Ex￿nditUre Support Costs Grantmaking Total Total Unrestricted funds Restricted funds 7.500 45,077 52,577 65.981 7,500 52,577 65.981 7 EXPENDITURE ON CHARITABLE A￿1VITIEs 2024 2023 Direcl Charitable Expenditure Support Grnntmakin8 Total Total Unttstrl¢ted fvnds Alton Castle Soli BCYS Lay Chaplaincy 134,808 26.676 46,807 14,245 728217 274.830 179.251 53,092 863,025 301,506 226.058 67J37 876,457 239,021 234.096 57.797 Total unrestricted funds 222,536 1,235,390 1457,926 407,371 Restricted funds Alton Castle 16,351 8,563 7262 41,674 23,613 50,237 I,i(M) 72,475 12,862 64,064 BCYS Lay Chaplaincy 15.104 57.371 30.241 Tottl restricted fund5 40.018 107.407 147,425 107.167 Total charitable activities expenditure 262.554 l J42,797 1,605.351 ,514,538 Page 23

The Kenelm Youth Trnst Limited Notes to the Consolidated Financial Statements for th¢ Year Ended 31st December 2024 8 ALLOCATION OF SUPPORT COSTS 2024 Wages Inforniation Technology Costs Personnel Costs Establishment Maintenance Costs Costs Salaries Allocated to charitable activities: Alton Castle - unrestricted funds Alton Castle - ie5tricted funds Soli - unrestricted funds Soli - restricted funds BCYS - unrestricted funds BCYS - restricted funds Lay ChaplaIn￿- unrestri¢ted funds Lay Chaplaincy- restricted funds 447.519 59255 139.130 57.030 7.262 31.040 41,674 87 9.181 168,467 19,805 46.417 3.941 158.186 10.854 3.550 2.130 43,948 56,352 4.181 1.182 Total allocated to charitable activities 874.472 95.195 190279 137287 15,893 Allocated to voluntary income Allocated to governanee costs 33.309 34.639 1.608 878 4.708 3,139 771 514 2,552 1,701 942,420 97,681 198 126 138,572 20.146 2024 2023 Legal and Professional otTIc¢ Costs Markdin8 Total Total Allocated to ch&rithble activities: Alion C&stl¢ - unrestri¢td funds Alton Castle - restricted funds Soli - unrestricted funds Soli - restricted funds BCYS - unrestricted funds BCYS - restricted funds Lay Chaplaincy - unrestricted thnds Lay Chaplaincy - restricted funds 5.080 10,076 T28,217 7.262 274,830 41.674 179,251 1,100 53,092 57.371 737.262 1,465 512 3,183 207,139 64,064.00 148,321 160 2.426 1,858 354 42 2.550 1.019 50.595 24,871 Total allocated to charitable activities 7.059 3.926 18,686 1.342,797 1232252 Allocated to voluntary income Allocated to govemance costs 1.412 169 548 365 45,077 52,348 58.481 84218 19,512 4.095 19.599 1440221 .374,951 Page 24

The Kenelm Youth Trust Limited Notes to the Consolidated Finaneial Statements for the Year Ended 315t December 2024 9 INCOMING RESOURCES- DEFERRED INCOME Incoming resources where there is an element of deferred income are as follows:. Trading Activities Lay Cha lainc Alton C&¥¢le Soli BCYS Deferred income at I st January 2024 and rele&sed to incoming r¢50urces Income received in year Deferred income at 31 st December 2024 6,983 85.329 (3,800) 88,310 755,206 {74,193) 18,224 213.867 (10.190) 3,375 38.105 (17,290) 17,633 61.852 (25,810) 88.512 769.323 221,901 24,190 53.675 The re&sons for deferring income are shown in note 2 to these financial statements. 10 STAFF NUMBERS AND COSTS The average number of employees during the year was as follows:. 2024 2023 Charitable activities and administration 35 34 The a88￿Bate payroll costs of these persons were as follows:_ 2023 Wages and salaries Social security costs Pension costs 789,856 60.506 92,058 693,223 50,553 74,365 942,420 818.141 No Trustee received any emoluments or expenses payments from the charitable company {2023 . £Nil). No employee received emoluments exceeding £60,000 during the cU￿ent or previous financial year. The total employee benefits (including employer pension contributions) of key management personnel were £119,010 (2023 - £113.878) I I MOVEMENT IN TOTAL FUNDS FOR THE YEAR 2024 2023 Movement in totsl funds for the year is stated after charging: Depreciation of tangible fixed assets Auditors, remuneration - Eudit work Auditors, remunerdtTon - other aecountan¢y work 33,909 10.170 3.650 42,214 9,685 Page 25

The Kenelm Youth Trust Limited Notes to the Consolidated Financial Statements for the Year Ended 31st December 2024 12 INDIVIDUAL STATEMENT OF FINANCIAL ACTIVITIES AND PROFIT AND LOSS ACCOUNT As pemiitted by Section 408 of the Companies Act 2006, the statement of financial xtivities and profit and loss account of the parent charity is not presented as a primary statement in these financial statements. The statement of financial activities of the charity alone is as follows: Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Income: Grants and donations Charitable activities Trading activities Fundraising Investments Other 370,842 1,069,089 31,315 4,326 15,966 13,333 179J95 550,237 1,069,089 31.315 4,326 15,966 13,333 556.818 960,017 30,349 10,437 12,603 7,852 Total income 1,504,871 179.395 1,684266 1.578 076 Expenditure: Costs of generating grants and donations Charitable activities Trading activities Fundraising Governance costs 52,577 1,457,927 17.317 1,145 50,868 52,577 ,605,351 17,317 1,145 50,868 65,981 ,514,538 19,574 9.417 82.808 147.424 Tolal expenditure 1,579,833 147.424 1.727.257 692 318 Net incomel(expenditure) for the year (74,962) 31,971 (42,991) (114.242) Transfers between funds Net movement in funds (74,962) 31,971 (42,991) (114.242) Total funds brought forward 566,191 80,893 647,084 761,326 Tot81 funds carried forward 491,229 112,864 604,093 647,084 Page 26

The Kenelm Youth Trust Limited Notes to the ConsolidAted Finaneigl Ststements for the Year EDded 3151 December 2024 13 TANGIBLE FIXED ASSETS (GROUP AND CHARITY) Improvements HouselK*ld Motor to Pro ui ment Vehicles oirice ui Total Cost At I st January 2024 Additions Disposals 93.143 274.585 10240 20,865 19250 13,424 2.695 402.017 32.185 At 3 1st Deeember 2024 93.143 284.825 40.115 16.119 434.202 Deprecialion At I st January 2024 Charge for the year Disposals 16.389 2.070 232.938 28,949 18.254 2,665 13.424 225 281,005 33,909 At 3 1st December 2024 18.459 261.887 13.649 314.914 Net book value At 31 st December 2024 74.684 22.938 19.196 2,470 119288 At 3 1st December 2023 76.754 41.647 2.611 121,012 14 FIXED ASSET INVESTMENTS (CHARITY) Shares in Group Undertakin Cost At I st January 2024 and 31 st December 2024 Net book value At 3 1st December 2024 At 31 st DeccmbeT 2023 Page 27

The Kenelm Youth Trust Limited Notes to the Consolidated Financial Ststements for th¢ Year Ended 31st December 2024 14 FIXED ASSET INVEsfMENTS (CHARITY) (eontinued) Subsidiary undertaktngs The company owns IOOV• of the shaTe capital of Kenelm Hospithlity Limited. a company regisfrred in England and Wales (company number 09891756) and whose registered office is the same as ihe charity. Kenelm Hospitality Limited undertakes cornrnercial lettings of the property (Kcupied by the charity and donates its profits to Ihe charity under the gift aid scheme. Kenelm Hospitality Limited is included in these consolidated financial sLrytem￿ts. The summary financial perfonnance of Kenelm Hospitslity Limited is: 2024 2023 Tumover Expenditure 64,062 (12,036) 85,108 (9,833) Pmfit for the financial year 52.026 75275 Relained eamings at beginning of year Gift aid donation to The Kenelm Youth Trust Limited 75,275 (75275) 57,807 {57.807) Retained eamings at end of year 52.026 75275 The assets and liabilities of Kenelrn Hospitality Limited are: Current assets Current liabilities 61,914 {9.888) 84,569 (9293) Aggregate share capital and reserve5 52.026 75276 15 DEBTORS= AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2024 Group 2023 Charity 2024 Charity 2023 Trade debtors Amounts owed by group under¥akings Other debtors Prepayments and accrued inc(Kn¢ 133.874 128.904 124,464 4,554 9288 39,889 116,491 9288 39.889 123 27,020 123 27.020 183,051 156.047 178,195 143.634 Page 28

The Kenelm Youth Trust Limited Notes to the Consolidated financial Ststements for the Year Ended 31st December 2024 16 CASH AT BANK Group 2024 Group 2023 Charity 2024 Charity 2023 Current accounts Deposit accounts 121,584 507,369 151,613 391.410 69.080 507,370 79.456 591,411 628,953 743,023 576.450 670 867 17 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2024 Grc>up 2023 Charity 2024 ctwity 2023 Trade creditors Oiher creditors Taxaiion and social se¢urity Accruals Deferred income 48.545 4.108 66,122 29,588 131,283 42,203 11,098 67,464 40,309 139,496 48,492 4,108 66,122 28,108 127,484 42,203 10.198 67,464 38,899 132,513 279,646 300,570 274,314 291.277 18 LEASING AGREEMENTS Minimum l¢as¢ paym¢nls under non-¢an¢ellable opernting le&8es fall due as follows: 2024 2023 Wiihin one year Between one and five years 2,877 5,034 2,877 7,910 7.911 19 TAXATION No taxati¢)n 1$ payable for (he current or previous financial year as all surpluses arise from activitie$ furthering the chariiable objects of th¢ ¢harilabl¢ company and are utilised for charitable purpose5, therefore leading to exemption from taxation. 20 CONSTITUTION The charitable Company is limited by guarantee and does not have a share capitsl. Page 29

The Kenelm Youth Trust Limited Notes lo the Consolidated Financial Statements ror the Year Ended 31st December 2024 21 RESTRicfED INCOM E FUNDS (GROUP AND CHARITY) Balance at 01.01.2024 Incoming resources Outgoing resources Balance at 31.12.2024 Transfers Lay Chaplaincy Helen Scahill Memorial Fund Children on Retreat Support Fund for Girls UK Youth Grant Nineveh T￿￿t The Eveson Trust Baron Davenp)rt Trust The Hedley Foundation The Rowlands Trust Wilmcote Charitrust Skipton Charitable Foundation DMF Ellis Charitable Trust The Richard Cadbury Trust Severn Trent Porticus Trust Porticus Quo Vadis 2024 Benefact Trust Historic Houses Foundation The Pilgrim Trust The Hobson Charity Staffordshire Moorland Knights of St Columbia 16,074 2,303 5,280 30,446 16,074 ,852 4,214 27.353 220 (671) {1.066) (3,093) (13,125) (2,000) 13,125 2.000 4,000 550 4,000 2.645 1.446 388 750 2,229 65 500 2,398 3,000 1.435 750 2229 2.049 (303) (1,554) (1,047) (1.984) 7,262 (7,262) (7,759) {64,868) (1,019) { I5,936} { i 0,000) (7,738) (8.000) 7.759 91,500 25,000 10,000 10,000 7,738 8,000 26,632 23,981 5,936 734 734 80.893 179,395 147,425) 112.863 Page 30

The Kenelm Youth Trnst Umlled Notes to the Consolidated Financial StAtements for lh¢ Y¢ar Ended 31st December 2024 21 RESTRICTED INCOME FUNDS (GROUP AND CHARITY) (eonllnued) Balance at 01.01.2023 Inwming resources Outgoing resources Balance at 31.12.2023 Transfers Lay Chaplain¢y Helen Scahill Memorial Fund Children on Retre* Support Fund for Girls 29th May 1961 Charitable Trust Baron Davenport Trust The Hedley Foundation Persimmon Charitable Foundaiion Sir Harold Hood's Charitable Trust The Rowlands Trust Wilmcote Charitrust Sylvia Waddilove Foundation UK Skipton Charitable Foundation DMF Ellis Charitable Trust The Richard Cadbury Trust The Grantham Yorke Trust Porti¢us Trust The Headley Trust Garfield Weston Foundation Historic House5 Foundation Albert Gubay Charitable Foundation Knights of St Columbia 21,074 2,817 9.345 34.446 3.000 1.250 3.000 366 3,000 3,000 750 3,000 (5.000) (514) {4.065) (4,000) (3,000) (352) 16,074 2,303 5,280 30,446 1.500 2,398 3,000 (366) (3,000) (1.565) ,435 750 (3.000) 2,229 2,049 500 2,000 30,000 5,000 20,000 15,000 20,000 734 2.229 2,049 500 (2,(100) (22,241) (5,000) (20,000) (9,064) (20,000) 7,759 5,936 734 85,048 99,012 103,167 80,893 Page31

The Kenelm Youth Trnst Limited Notes to the Consolid2ted Financial Statemeots for the Year End￿ 31st De¢emlKr 2024 21 RESTRICTED INCOME FUNDS (GROUP AND CHARITY) (eondnued) The purpose for which these 8rants and dOI￿tIonS were made are as follows: The Lay Chaplaincy fund - support school Chaplains in catholic secondary schools of the Archdiocese of Binninghwn. Helen Scahill Memorial fund - subsidise children on residential retreats. Children on Retreat fund - subsidise thildren on residential retreats. Support fund for girls - support for girls from poor backgrounds to attend retreat& Courses and pilgrimages. UK Youth Grant - outdoor learning activities for disadvantaged and vulnexable youns people. Nineveh Trust- support for young ￿eT5. The Eveson TTUSt - support for young carers. 2￿h May 1961 Charitable Tn￿t - support young persons wilh theiT faith. mental health and well-being. Baron Davenport Trust - ropes course and xtivities equipment. The Hedley Foundation - xtivities equipment. Persimmon Charitable Foundation - activities equipmenL The Rowlands Trust- activities ¢quipmenL Wilmcote Charitrust- activities equipment. Sylvia Waddilove Foundation UK - Guild Hall roof repairs. Skipton Charitable Foundation- activities equipmenL DMF Ellis Charitable Trust- aclivities equipment. The Richard Cadbury Tjust - activities equipmenl. Sevem Trent- a habitat project to improve biodiversity within the Trenl river regions. The GTantharn Yofke Tn￿- enable disadvanw ¢hildren from the West Midlands wions to attend artivity day. Porticus Trust - Synodal response to the young. Porticus Quo Vadis 2024 - mental health wellbeing for schools. parishes and universities. Benefacl Trust- rnental health wellbeing for schools. parishes and universities. The Headley Trust - Guild Hall roof repairs. Garfield Weston Foundation - Guild Hall roof repairs. Historic House5 Foundation - Guild Hall roof repairs. The Pilgrim Tru$t- Guild Hall roof repairs. The Hobson Charity - Guild Hall roof ￿paIrs. Staffordshire Moorlands- Guild Hall roof repairs. Albert Gubay Charitable Foundation - Guild Hall roof repairs. Kni8his of St Columbia- relaunch of John Paul Second award. Page 32

The Kenelm Youth Trust Llmited Notes to the Consolidated Finaneial Stale.ments for the Year Ended 31st December 2024 22 UNRESTRICTED INCOME FUNDS Grou Chari Balance at I st January 2024 Net income for the yrar Transfers from restricted funds 641.466 (98.211) 566.191 {74.962) Balance at 3 1st December 2024 543.255 491,229 Balance at I st January 2023 Net income for the year Transftrs from restricted funds 734.085 {92,619) 676,278 (110,087) Balance at 3 1st December 2023 641,466 566.191 The in￿rne ￿ndS of the charity include the following designated funds which have been get aside out of un￿StriCted funds by the trustees for specific PUTposes". New Designa- tions Funds Undesig- nated Balance at 01.01.2024 Balance at diture 31.12.2024 BCYS Refurbishment COVID-19 legacy and recovery fund WYD fund Health and Safety projects Disabled Access Alverton Building Refurbishmenl Replace Bunk Beds Energy Reduction Measures 54,913 6,582 14,441 5,000 59,545 23,400 10,000 24.334 10.000 (i 0.000) (4.886) 44,913 1.696 14.441 (5,000) (2,742) 56.803 23.400 i 0,000 (10,991) (13,343) 10,000 208.215 Page 33

The Kenelm Youth Trust Lamited Note5 to the Consolid8ted Fin&nciAI Stgtem¢nts for the Y￿r Ended 31$t December 2024 22 UNRESTRicfED INCOME FUNDS {continued) Funds Undesig- nated Balance at 01.01.2023 Designa- tion5 Balance at diture 31.12.2023 BCYS Refurbishment covitk19 legacy and recovery fund Guild Hall Roof Repairs and Insulation WYD fund Health and Safety projects Disabled Access Repair Main Gates lo Alton Castle Alverton Building Refurt)ishment Replace Bunk Beds Energy Reduction Measures 57.913 12,000 17.741 (3.000) (5.417) (3.300) (40,0(10) {10,000) (500) 54.913 6.583 14.441 15,000 60.045 23.400 11,310 i o,(N)o 15.( 5,000 59,545 23.400 {11,310) i 0,000 24.334 10.000 10,000 10,000 (666) 262.409 20.000 74,193 208,216 The purpose for which these designations were m*1¢ are as follows: The BCYS fund is an amount set aside to provide youth ministy serVi￿S within the Birniin8ham Catholic Diocese. The Refurbishment fund is an amounl set aside to carry out refurbishmen¢ works at Alton Castle. The COVIt>19 legacy and recovery fund is an amount set &8ide to support the Quo v￿1$ projecL The Guild Hall roof repairs and insulation fund is an arn(￿Tht set aside for the replacement of the roof. The WYD fund is an amount set aside to support parti¢ipalion in World Youth Day. The Health and Safety projects fund is an amount set aside for emergency exit slairs and repair of Castle windows. The Disabled access fund is an amount set aside for new disabled access io Alton Castle. The Repair main gat¢s to Alton C&stl¢ fund 1$ an arnount set aside to repair the entrance main gate a¢ Alton Castle. The Alverton building refurbishment fvnd is an amount set aside for improvement ¢0 storage and ￿furbI$hment. The Replace bunk beds fund is an amounl set aside to replxe guest beds at Soli. The Energy Reduction Measures fund is an amount sd asidc io make improvements io the environment. Page 34

The Kenelm Youth Trust Limited Not¢s to the Consolidated Financial Statements ror the Year Ended 31st December 2024 23 ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS 2024 Restricted funds UnTestri¢t¢d Funds Totsl Funds Tangible fixed assets Current assets Current liabilities 119,288 703.613 (279,646) 119.288 816,476 (279,646) 112,863 543,255 112,863 656.118 2023 Restricted funds Unrestricted Funds Totsl Funds Tangible fixed assets Cuffent assets Current liabllities 121,012 821.024 (300,570) 121.012 901.917 (300,570) 80,893 641,466 80,893 722,359 24 RELATED PARTY TRANsA￿loNs The Rt Rev S Wright (a trustee of the charity unlil 16ih June 2024) and The Rt Rev T Menezes (a trust¢¢ of the ¢harity fron 5th September 2024) are also trustees of the Birniingham Diocesan Trust. During the year ended 31 st December 2024 Rrants of £200,000 (2023 - £304,260) were paid to the charitable company by the Bimingham Diocesan TrusL The charity operates rent free in premises owned by the Birniingham Diocesan Trusl. The charity is fully reswnsible for the day-to-day maintenance and upkeep of the historical buildings and shares responssbility for substantial structural work with the Birniingham Diocesan Trust. The annual value of this donated facility has been assessed to be £49.248 (2023 - £45.600). During the year ended 3 1st December 2024 the profits of the charity's wholly owned subsidiary Kenelm Hospitslity Limited for the year ended 31 st December 2023 were paid to the charity under gift aid. The donation amounted io £75,275 (2023 - £57.807) and has been included in the charitys income from donations and legacies. The profits of Kenelm Hospilality Limited for the year ended 31st December 2024 will be donaied to the charsty during 2025. Included in charity debiors at 31 st December 2024 is £4,554 (2023 - £nil) owed by Kenelm Hospitality Limited. Page 35