## ## ## |||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|| |4||||||||| |5||||||||| |6||||||||| |7||||||||| |8||||||||| |9||||||||| |10||||||||| |11||||||||| |12||||||||| |13||||||||| |14||||||||| |15||||||||| |16||||||||| |17||||||||| |18||||||||| |19||||||||| |20||||||||| ## ## ##