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2023-12-31-accounts

Profit and Loss Report
01January, 2023-31December, 2023
Sales
4000- Other income 3,909.35
4900 - Donations 83,328.89
4901 - Donations - Gift Aided 5,946.09
4902 - Legacies 1,000.00
4903 - Pensions 45,948.24
4904 - Gift Aid 1,760.88
4906-Bank interest received 8,711.59
4907- Refunds 1,029.17
Total Sales f151,634.21
Direct Expenses
5100 - Food 10,134.65
5500-Insurance 437.67
5600- N. I.Contributions 819.00
5700 - Maintenance (Routine) 1,866.90
5800-Care Home 613.69
6500 - Household 5,536.03
6600-Chapel 1,698.49
6700 - Garden 1,111.07
6800 - Library 862.02
6900 - Medical 1,946.63
7100- Rent 1,200.00
7102-Optician 833.40
7110-Water/Sewerage 2,122.57
20Jan 2024 17:25
Page 1 of2
7200 - Electricity 4,979.32
7210-Gas 9,760.03
7305- Funeral Expenses 4,652.50
7400 - Travel 3,639.48
7500- Printing 535.99
7510 - Postage 359.69
7520 - Stationery 852.39
7530- Telephone/Internet 2,159.45
7550 - Computers &Software 2,191.91
7560 - Mobile Charges 777.79
7800-Repairs 9,758.26
8200- Other General Expenses 5,824.63
8210-Subscriptions 2,569.05
8220- Clothing 2,409.32
8300-Sisters Personal Needs 924.65
Total Direct Expenses R80,576.58
GROSS PROFIT / LOSS @71,057.63
Overheads
Total Overheads R0.00
NET PROFIT / LOSS f71,057.63

Total Fixed Assets RO.OO
Current Assets
1200 - Nat West Current Account 10,813.86
1210- Petty Cash 1,847.54
1230- Nat West Reserve Account 409,639.92
1240- Lloyds Current Account 24,402.06
1250-LLoyds Reserve Account 213,397.94
1260 - Barclays Current Account 3,618.32
1270-Barclays Reserve Account 240,136.89
1280-Nat West Current (Select) Account 730.12
Total Current Assets f904,586.65
TOTAL ASSETS f904,586.65
UABILITIES
Current
Liabilities
Total Current Liabilities RO.OO
Future Liabilities
Total Future Liabilities RO.OO
20Jan 2024 15:30
P~10f2
TOTAL UABILITIES R0.00
TOTAL NET ASSETS @904,586.65
EQUITY
Net Profit ILoss 904,586.65
Net ProS/Loss (pnor yearfs)) 833,529.02
Net PIS /Loss (cunent year) 71,057.63
TOTAL EQUITY f904,586.65

SORP reference
Summary
ofthe purposes
the charity as set out in its
governing
document
of Para 1.17 For such 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
ofthe main
activities
in relation to those
Para 1.17and
1.19
Having regard to the
Charity Commission
guidance
issued
by the
on public benefit, the
purposes
benefit,
in
for the public
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
dditional information
(optional)
ou ma
choose to include
further statements where relevant
about:
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including
program
related
investment
Para 1.38
Contribution
made by
volunteers
Other

chieve men ts and Per 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
Summary
ofthe main
achievements
ofthe charity,
Para 1.20 reflection, and spiritual
accompaniment
from the
sisters.
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
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 (fiive services a day).
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
at the daily Ilass 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.

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

Financ ial
Review
ial
Review
Review ofthe charity's Para 1.21 The financial
position ofthe charity is subject to
financial
position at
ofthe period
the end review on at least an annual basis. The trustees
are satisfied that there are sufficient funds
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 Para 1.22 The trustees
have reviewed the charity*s reserves
policy for holding reserves
stating
why they are held
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 ofreserves held Para 1.22 K875,000
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

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

Description
ofcharity's
trusts:
Type ofgoverning
document
Para 1.25 Trust Deed dated 14December 2012
trust deed. ro al charter
How is the charity Para 1.25 Unincorporated association
constituted?
{e.g Lln!ncol pQI'ated
association,
CIG
Trustee selection methods Para 1.25 Appointed by the Superior ofthe Sisters ofthe
including
details ofany
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 information (optional) (optional)
You ma choose to include further statements where relevant about:
Policies
adopted
and procedures
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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