| 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 |
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| 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 |
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| 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 |
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| 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, |
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| activities, | projects or | individual | spiritual accompaniment, general |
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| services identified in the |
pastoral | ministry, retreat work, website ministry. |
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| 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 |
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| benefit | ||||||||
| dditional | information (optional) |
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| ou ma choose to include |
further statements | where relevant about: |
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| SORP reference | ||||||||
| Para 1.38 | ||||||||
| Policy on | grant making | |||||||
| Para 1.38 | ||||||||
| Policy on | social investment | |||||||
| including program related |
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| investment | ||||||||
| Para 1.38 | ||||||||
| Contribution made by |
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| 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. |
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| 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). |
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| benefits to society as a whole. |
No charges are made for any ofthe services and anyone is welcome to participate. |
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| Visitors to the sisters' website have sent | |||||
| requests for prayer which have been offered as | |||||
| part ofthe intercessions at the daily Ilass and |
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| sisters have prayed individually for those |
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| requesting prayers. |
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| Via the charity's website the sisters have offered | |||||
| the public short meditations online. The sisters |
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| 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 |
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| beneficiaries state that all the above facilities |
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| contribute greatly to their sense ofwell-being |
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| and positive spiritual development. |
| Achievements against |
Para 1.41 |
|---|---|
| objectives set | |
| Performance offundraising |
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| activities against objectives | Para 1.41 |
| set | |
| Investment performance |
Para 1.41 |
| against objectives | |
| Other |
| Financ | ial Review |
ial Review |
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|---|---|---|---|---|---|
| Review | ofthe charity's | Para 1.21 | The financial position ofthe charity is subject to |
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| 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 |
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| going concern. The trustees do not anticipate | |||||
| any change to the charity or its activities over the next2to5 ears. |
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| Statement explaining |
the | Para 1.22 | The trustees have reviewed the charity*s reserves |
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| 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 |
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| for the cost ofthe care and welfare ofsick and | |||||
| elderly sisters in their old age, including those |
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| requiring residential care homes. The charity has |
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| a commitment to look after such members until |
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| 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 |
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| concern |
| The charity's principal |
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|---|---|
| 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 |
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|---|---|---|---|---|
| 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 |
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| Trustee selection methods | Para 1.25 | Appointed | by | the Superior ofthe Sisters ofthe |
| including details ofany |
Blessed Virgin | Mary | ||
| constitutional provisions e.g. |
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| 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 |
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| 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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