2022-12-31-accounts - Sisters Of The Blessed Virgin Mary Trust

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	Total Fixed Assets	EO.OO
Current Assets
1200 - Nat West Current Account	16.779.84
1210 - Petty Cash	2,153.81
1230 - Nat West Reserve Account	404,747.84
1240 —Lloyds Current Account	27,295.42
1250- LLoyds Reserve Account	211,536.55
1260 —Barclays Current Account	3,582.77
1270 - Barclays Reserve Account	167,233.77
1280 - Nat West Current (Select) Account	199.02
	Total Current Assets	E833,529.02
	TOTAL ASSETS	E833,.529.02

LIABILITIES
Current Liabilities

	TOTAL NET ASSETS	f833,529.02
EQUITY
Net Profit/Loss	833.529.02
Net Profit ILoss (prior year(s))	759,681.34
Net Profit ILoss (current year)	73,847.68
	TOTAL EQUITY	f833,529.02

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	of the 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 ofwell-being
			and positive spiritual development.

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
of the 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 stating why they are held		Para 1.22	'The trustees have reviewed the charity's reserves and income against its immediate and foreseeable needs and are satisfied that reserves are not excessive. The trustees need to provide for the cost ofthe 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 of reserves held Reasons for holding zero		Para 1.22 Para 1.22	F350,000 Not applicable
reserves Details offund materially	in	Para 1.24	Not applicable
deficit Explanation ofany		Para 1.23	Not applicable
uncertainties about the
charity continuing as a going
concern
Additional information (optional) You ma choose to include further statements			where relevant about:
The charity's principal sources offunds (including		Para 1.47
any fundraising)
Investment policy and objectives including any		Para 1.46
social investment policy
adopted
A description ofthe principal		Para 1.46
risks facing the charity
Other

tructure, Governa	nce	and Manag	ement
Description ofcharity's
trusts:
Type of governing document ',!!ust d!:-ed inva' c,'.an=-!		Para 1.25	Trust Deed	dated 14December 2012
How is the charity		Para 1.25	Unincorporated		association
constituted?
I,B g onl! lcor;, or:-:I!. . rj 8.":Goo;&3!!on l'.I!)';
Trustee selection methods		Para 1.25	Appointed	by the Superior of the Sisters ofthe
including details of any			Blessed Virgin		Mary
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
dditional information	(optional)
ou 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

Charit name		SISTERSOF THE BLESSEDVIRGIN MARY	SISTERSOF THE BLESSEDVIRGIN MARY	TRUST
Other name the charit uses		None
Re istered charit	number	1150264
Charity's principal	address	99Old Oscott Hill, Kingstanding,	Birmingham	B449SR

mes	ofthe charity trust	ees who	manage the	charity
	Trustee name	Office (if	any)	Dates acted ifnot for whole ear	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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