2020-12-31-accounts - Sisters Of The Blessed Virgin Mary Trust

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Date: 13/02/2021 Time: 14:17:42 Sisters	ofthe Blessed Vi in Balance Sheet	Ma Trus	t P	age: 1
From: Month 1,january 2020
To: Month 12, December 2020
Chart ofAccounts:	Default Layout ofAccounts
	Period		Year to Date
Fixed Assets
		0.00		0.00
Current Assets
Cash	753.74		2,226.25
Bank —Natwest	10,302.75		597,098.53
Bank - Handlesbanken	(376.11)		88,517.69
Other	12,149.64		29,747.25
		22,830.02		717,589.72
Current Liabilities
		0.00		0.00
Current Assets less Current Liabilities:		22,830.02		717,589.72
Total Assets less Current Liabilities:		22,830.02		717,589.72
Long Term Liabilities
		0.00		0.00
Total Assets less Total Liabilities:		22,830.02		717,589.72
Capital h Reserves
Reserves	0.00		694,759.70
P5 LAccount	22,830.02		22,830.02
		22,830.02		717,589.72

			SORP reference
Summary of the purposes the charity as set out in its governing document		of		Forsuch charitable purposes for the public benefit as shall advance the religious and other charitable work ofthe Society as the trustees with the approval ofthe Superior shall from time
				to time think fit.
Summary of the main activities in relation to those			Para 1.17and 1.19	Having regard to the guidance issued by the Charity Commission on public benefit, the
purposes for the public benefit, in particular, the				trustees have advanced the religious and other charitable works which include: worship and prayer, artistic work, ministry to visitors,
activities, projects or				individual spiritual accompaniment, general
services identified in	the			pastoral ministry, retreat work, website ministry.
accounts.
Statement confirming			Para 1.18	The trustees confirm that they have had regard to
whether the trustees	have			the guidance issued by the Charity Commission
had regard to the guidance				on public benefit.
issued by the Charity
Commission on public
benefit

chieve	men	formance
		SORP reference
			The charity has for the benefit ofthe public
			provided guest and retreat facilities where those
			who have come have enjoyed space, spiritual
			reflection, and spiritual accompaniment from the
Summary	ofthe main	Para 1.20	sisters.
achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its			The charity has provided a daily Mass open to the public. The sisters have welcomed guests who have joined them in Chapel for the Daily Divine Office (five services a day).
beneficiaries and any wider benefits to society as a whole.			No charges are made for any ofthe services and anyone is welcome to participate.
			Visitors to the sisters' website have sent
			requests for prayer which have been offered as
			part ofthe intercessions atthe daily Mass and
			sisters have prayed individually for those
			requesting prayers.
			Via the charity's website the sisters have offered
			the public short meditations online. The sisters
			have carried out general pastoral work for the
			benefit ofthe public.
			The value and effects ofthe sisters' prayer and
			worship cannot be measured but the charity's
			beneficiaries state that all the above facilities
			contribute greatly to their sense of well-being
			and positive spiritual development.

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

inancial Review	inancial Review
Review ofthe charity's financial position at the end		Para 1.21	The financial position ofthe charity is subject to review on at least an annual basis. The trustees are satisfied that there are sufficient funds
ofthe period			available to support the charity continuing as a going concern. The trustees do not anticipate any change to the charity or its activities over the next2to5 ears.
Statement explaining the policy for holding reserves		Para 1.22	The trustees have reviewed the charity's reserves and income against its immediate and foreseeable needs and are satisfied that reserves
stating why they are held			are not excessive. The trustees need to provide for the cost of the care and welfare ofsick and
			elderly sisters in their old age, including those requiring residential care homes. The charity has a commitment to look after such members until
			death.
Amount ofreserves held		Para 1.22	R350,000
Reasons for holding zero		Para 1.22	Not applicable
reserves
Details offund materially	in	Para 1.24	Not applicable
deficit
Explanation of any		Para 1.23	Not applicable
uncertainties about the
charity continuing as a going
concern

Structure, Governa	nce	and Manag	ement
Description of charity's
trusts:
Type ofgoverning document		Para 1.25	Trust Deed	dated 14 December 2012
trust deed. ro al charter
How is the charity		Para 1.25	Unincorporated		association
constituted?
te g unlncorpot ated
association, CIO) Trustee selection methods including details of any		Para 1.25	Appointed by the Superior ofthe Sisters ofthe Blessed Virgin Mary
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant		about:
Policies and procedures adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para 1.51
parties
Other

	Trustee name	Office (if	any)	Name to a	ofperson (or body) entitled oint trustee ifan
	WINSOME ANGELA	Reverend	Mother and	Winsome	A. Durrant
	DURRANT	Chair
	BARBARA CLAIRE			Winsome	A. Durrant
	KELLY
3	CAROLYNE PRESTON			Winsome	A. Durrant
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