Docusign Envelope ID". A2448F30-859B4F17-98Afv510461DC0087
STGf,JING
CO&.Y
THE RETREAT ASSOCIATION
REFERENCE AND ADMINISTRATIVE DETAILS OFTHÉ CHARITY, ITS TRUS]tES AND
ADVISORS
FOR THE YEAR ELYDED 30 SEvfEMBER 2024
Trustees -
Nominated by Founding members
Rev. Cameron Butland
Mrs Susan Chastney
Mr Urs Mattmann (appointed 20 September 2024)
Rev. Carol Smith (resigned 17 octo1￿r 2023)
Miss Shirley Taylor
Appointed by directors
Mrs Sheila Pollard
M5 Kathryn Turner
Mr Richard Broughton (appointed 4 June 2024)
Rev Martin Davies (appointed 8 December 2023)
Patrons
Abbot Chrisiopber Jamison OSB
Ms Sara Maitland
Mrs Margaret Rizza
Rev Graham Sp￿kes
Dr Rowan Williams
Company registration number
8385106
Charity registration number
1150792
Registered Office
23 Greenhill Park, Barnet, Herts EN5 IHQ
Contact details -
Telephone
Email address
Internet address
01494 S6￿56
into@ retre(Il.%.oro uk"
www.retreats.org.uk
Executive Director
Office administrator
Miss Alison MacTier
Mrs Clare Lake
Independent examiners
Griffin Stone Moscrop & Co, Chartered Accountants
21-27 Lamb'5 Conduit Street, London WC I N 3GS
Bankers
Barclays Bank plc
4 Sycamore Road
Amersham
HP6 4DT
Gsf.1&Co
nnc. Moscrop & Co
100 YEARS

Docusign Envelope ID.. A2448F3fv859B4F17_98A6_510461 DC0087
THE RETREAT ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR E4lYDED 30 SEPTEMBER 2024
The trusfres pr&8ent their annual report together with the accounts of the charity for the year ended 30
September 2024 which are also prepared to meet the requirements for a directors, report and accounts
for Compallies Act purposes.
The account8 comply with the Charitie8 Act 2011, the Cotnpanies Act 2006, the Memorandum and
Articles of Association, and Accounting and Reporting by Charities,. Staternent of Recommended
Practice applicable to charitie8 preparing their accounts in accordance with the Financial Repottiog
Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019.
Objectives and activities
The main object of the charity 18 to advance religion by promoting the development of Christian life
through retreats.
The n]ain ￿tivitieS of The Retreat Assooiation have continued to be,,
Producing resources to enable people to find out more about retreats, including: information packs
and leaflets. the publication each December of Relreats- a journal listing over 150 retreat houses
and their programmes and a range of articles and book reviews relating to a specific theme.
Offering individual, appropTiate and excellent impartial advice to general enquirers about Tetreats
and spiritual direction.
Maintaining a website as a source of informqÉ tion and signposting for both the first-time enquirer
and those with experience of the Association.
Maintaining national links with dioceses and other organisations who can help people to find
someone with whom to stlare their spiritual journey - a spiritual director or.mentor.
Seeking ways to reach out to those ftom botb within and outside the Cburcb, to en<ible them to find
ways of exploring and de¢pening their relationshLP with God.
FacilitatitLg a national training conference every two years to enable those involved in spiritu<
direction trciining to exchange good practice and expertise.
Organising a national conference every three years for members, retreat house wardens, leaders,
spiritual directors. practitioners in the field and infrr¢sted parties to encourage and inspire all those
engaged in Cbristian spirituality.
Promoting the annual National Quiet Day.
LiaisiThg with retreat oenters. church&s, cathe4frals and educational establishments to dispEay the
Retreat Association icon and offer quiet days and events that offer opportunities for pray￿ and
reflection,
Promoting the value of retreats and reflective activities tlwough the national Cbristian press, social
media and attendance at national events.
Engaging in partnerships Wlth other organisations to help protnote the value of retreats, spiritual
direction and reflective activities.
Supporting members of all Retreat Association Founding member groups through an annual
newsletter and news bulletin and providing additional membership and administrative services.
Participation in national ecumenical activities (The Retreat Association is a body in association with
Cburches Together in BriLiin & Ireland- CTBD.
In producing their assessrnent of the benefit to the public provided by the charity the trustees confirnk
that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the
ChaTity Commission's general guidance on public benefit. To do this the Founding tnember groups have
chosen to work together as the Retreat Association in order to learn from each other, to reach out mor¢
Griffin Stone Moscrop & Co
CHAThEOXmL1nM￿&￿E[￿T8I￿DAuDmR5

Docuslgn Env61op6 ID.. A2448F3￿85sB4F17-9eA6.Slo46lDC0OB7
effectively to 1<11 people and to demonstr1£ ta christi￿ unity in practice.
Achievements and perforniance
The Rett'eat Association has continued to build on the achievements of previous years through
providing high quality resources, organising events and offering advice. This has included a growing
online and social rnedia presence to encourage and enable more people to explore and deepen their
Christian faith J'QUTney through retreats and reflective activities. The Association also continues to
support the ministry of Spintual Direction through events and ground-brealing resources.
Tbe annual Retreats handbook was published in December 2023 and included the listings for over 150
retreat ¢entres, 12 articles on the theme of 'Hope' and lead arti¢Le by Angela Tilby. Members of the
Associatioll also received an e-news bulletin in May 2024 and an annual newsletter in August 2024.
The A880ciation held a one-day event on 29 February to launch the 'Guidance for Developing Forn]ation
Programmes for Spiritual Directors,. This pioneering document, the culmination of 5 years. work, supports
good practice in the training of spirAtual directoIs, It was written by a team of practitioners in the field, in
consultation with national representatives at four events, in a process facilitated by the Association. The
launch event was attended by 50 people and the feedback received was extreinely positive.
The Retreat Assoeiation has continued to actively develop its website in order to Teach out to more people
seeking Tetreat alld spirituaL diiection. In March of this year, the Association launched a Retreats Directory
page, which enables people to search for a retreat using criteria such as location, facilities, type of retreat
and cost. This is the first page of its kind and will enable individuals to find a 8Ultable retreat more easily.
It will support the Association's existing individual service offered in response to email and phone
enquiries. As a result of this and other website developments, traffic to the website bas an average of 11,500
monthly page views, an in¢re&se of 40% during the last year, with I 1% more visitors,
The Retreat Association continue to be active on social media, which increasingly encourLges people to
view the charity website. This help8 to generate tnore interest in res0￿CeS and events facilitated by tbe
ssociatioll and also helps to support the work of retreat centres. The Association's Facebook followe
has increased by 34% during the last year.
Media coverage this year included a piece about retreats in Church Times.
The Retreat Association icon continues to be a way of encouraging prayer and contemplatioll and in
the last year it was on display a￿OsS the UK at 4 retreat centre8, 7 churche8 and I cathedral. It a
focus for the Diocesan Spirituality Adviser's Conference in April and an onIin¢ thlk given to the
Ecutnenical Forum for Christian Women in May. Consistenlly ihe icon is ihe focus for
prayer, worship and engagement in a wide variety of contexts.
On 28 June the Association held its Summer Event oniine with guest speaker and patron Abbot
Christopher Jamison OSB, tatking about his latest publIc￿lOn, Finding the Language of Grace. Abbot
Christopher was joined by patron, Revd Gralwn Sparkes, for a Q&A session. The day also included
the opportunity to discuss the theme in small groups, an update on the worlc of the Associatlon and
opening and closing reflections. Feedback from the day, attended by 30 people, was very positive.
The Association continues to support the ministry of spiritual direction through offering advice in
helping people find a spiritual director alld maintsins a list of spiritual direction courses for regular
enquirers who seelc to train in this valuable area of ministry.
In sun]mary, during the last year, the Retreat Association has built on the achieven]ents of the previous
year through continuing to provide high quality events and resources and ongoing encouragen)ent to
support the ministries of retreats and spiritual direction. All th&qe developments are underlined by a
Grlffin Stone Moscrop & Co
¢H4RTEPEDlQCWkItbNtS&REGtsTERED￿FF

Dorusiun Envelopè ID.. A2448F30.8sg&4F17_98Ae.510461 DC0087
vision shared by Patrons, Trustees, staff, volunteers and metnbers - that of offering ways to enable
people to explore and deepen their faith jouiney with God.
Fin2nclal review
The charity's funds divided into restricted, designated and U￿SstriCted funds.
Restricted funds can only be used for the purp08e for which they are set up as follows:
To provide grants for training opportunities in Spiritual diiection for people who corne from
unorihodox backgrounds. A grant of £100 was made during the year &nd there remains at the
end of tkne Ye￿ a balance of £4,211.
For fundraising to help increa8e funds for the ch￿lty in the future in order to create a more
sustaillable income generating capacity over a period of time by focusing on a number of
potential sources of new and increased income. £552, being the remaining balan¢¢ of the fund,
was spent during the year.
Three years ago, the ch￿lty received an unsolicited grant of £IOO,000 which the ttustees have
designated for the following PUTV)8es'.
l. To fund Core costs in running the charity
2. To outsource expertise that will help to support the charity's fundraising capacity and help
build a sustainable ftiture
3. To help develop and extend existing projects
4. To help fund new projects.
The grant has been used this fjnancial year to cover expenditure amounting to £23,OIK). There remains
balance to carry forward at the end of the year of £56,534.
The unrestricted fund, the general fund, AS the main fllnd into which income is paid and payment Is made
foi the cost of running the charity. The general fund income foi the year was £69,506 of which £21,304
was donations. 'Retreats' sales and advertising was £22,012 and website income was £18.139.
Expenditure for the year was £69.318 of which £47,713 was on salaries and staff costs. The incorne
exceeded expenditure for the year by £188. The balance to carry forward on the general fund at the end
of the year was £22,131.
Because of continuing support from contributions from Furlding and Associate members, the income
irising from 'R¢treats' and the website and the balance of the unsolicited grft of £56.534 the trustee8
have a reasonable expectation that the charity has adequate resources to continue in operatsonal
existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in
preparing the account.s.
It is the policy of the trustees to maintain a bal4￿Ce on general fund, if possible, which equates to three
months unrestricted payments. Based on the budget for core costs for the year to 30 September 2025
the balance catried forward exceeds three months. The trustees will seek to tnanage cost8 and income
in the period following the year under review with the aim of ensuring that the stated policy is
maintained.
Structure, governance and management
The compiThy was incorporated on l February 2013 and was registered with the Charity Commission
on 13 February 2013. On l April 2013 the company took over the activities, as8ets and liabilities of an
unincorporated charity, The Retreat Association (Charity Commission Registered Number.. 328746),
Griffin Stone Moscrop & Co
CHAI[[E￿ACc0U￿A￿&RE&$IÈIEDAuD￿ks

Docusign Envelope ID,. A2448F3o-8s9B4F1748￿Sfj0461 DCOD87
witli the exception of a sum of £10 so that, for the PLtrpo8e only of ieceiving future legacies. this Ch￿￿tY
retains its charity registration. The company commenced operations on l Apiil 2013.
Under the Articles of Association there can be up to seven persons nominated by the Founding memb￿&
and up to eight persons appoillted by the trustees. The trustees meet four times a year. In addition there
are two cojnmtttees - operations, and fundraising & events- which also meet four and two time8 a year
Tespectively
The members of the company are the subscribers to the Memorandum of Association, four Founding
members (three Founding members from April 2023) up to five individuals appointed by each Founding
member, the appointed trustees, and such other persons as admitted to membership by the trustees
in accordance witb tlle Articles. Each member has a liability limited to a sum not exceeding £1.
The trustees have asses8ed the major risks to which the charity may be exposed, in particular those
relating to the operations and finaThce8 of the charity. They are satisfied that systems are in place to
mitigate any exposure to major risks,
Statement of trustees, responslbllitie8
The trustees (who are al80 directors of the company for the purposes of corrApany law) are responsible
for pi'eparing the trustees, annual report and accounts in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustee8 to prepare accounts for each financial year which give a true and fair
view of the state of affairs of the charitable company as at the balance sheet date and of the incoming
resources and application of resources, including the inconLe and expenditure for that year. Tn preparing
these accounts. the trustees are required to:
o select suitable accounting policies and then apply them consistently.
o observe the methods and principles in the Charities SORP.
o malce judgments and estin)at¢s that are reasonable and prudent.,
o state whether applicithle UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the accounts; and
wepaTe the accounts on the going concern basis unless it is inappropriate to presume
that the charitable company will continue on'that basis,
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at ELny time the financial position of the charitable cornpany and to enable thern to ensure that
the accounts comply with the Companies Act 2006. They are also responsible for safeguarding tILe assets
of the company and hence for taklng reasonable steps for the prevention and detection of fraud and other
irregularities.
In preparing this reporL the trustees have taken advantage of the Small companie,s exemption provided
by section 415A of the Companies Act 2006.
Approved by tbe board of trustees on 6 December 2024 and signed on tILeir bellalf by..
MS SHEILA POLLARD
Dllector
Grlffln Stone Moscrop & Co
CHARTEREDkLfouhNAhiTS&REaSTfAEDAUDifoKS

Docusign Envèlope ID.. A2448F3o459B4F17_98￿SlQ4el DC0087
Independent Examiner's Report to the Trustees of The Retreat Association
I report to the charity trustees on my examination of the accounts of the rompany for the year ended 30
Septen]ber 2024 which are set out on pages 7 to 15.
Responslbilities and basis of report
As the charity trustees of the company (alld also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 2006 ('the 2006 A¢t'),
Having satisfied myself that the accowits of the Company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent exarnination, I report in respect of my exatnination of
YO￿ company's accounts as Ca￿led out under section 145 of the Charities Act 2011 ('the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
se¢tion 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confjnn that no inatter8 have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the company as required by section 386 of the 2006
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requiretnents of Section 396 of the 2006 Aot other
than any requiretnent that the accounts give a 'true and fair view. wbich is not a matter considered
as pait of an independent examination. or
4. the accounts have not beenprepared io accordance with the methods iThd principles of the Statement
of Recommended Practice for accounting and reportingby charities applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applAcable ill the UK and
Republic of Ireland (FRS 102).
I have no concerns and have come acros5 no Oth￿ matters in connection with the examination to which
attention should be draNvn in this repoTt in order to enable a proper understanding of the accounts to be
re￿hed.
Robert Stnith ACA
Griffin Stone Moscrop & Co
Chartered Accountants
21-27 Lamb, 8 Conduit Street
London
WCIN 3GS
Date.. 6 Dec¢mber 2024
Grlffin Stone Moscrop & Co
¢•D￿c￿￿T￿ms￿AE&tsT￿DA￿ITC￿S

Dotsuslgn Envelop& Ill: A2448F3o.859B4Fl7_98￿s1048l DC0087
THE RETREAT ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING INCOME AND EXPENDITURE ACCOUIYT)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unrestricted Designated Restricted
funds
fund8
funds
2024
2024
2024
Total
nds
2024
Total
funds
2023
NDteB
Income from:
Donations
Charitable activities..
Other income..
Bank interest
VAT recovered
Total income
21,304
45,139
21,304
45.139
17,567
47,799
1.167
1,896
69,506
1,167
1,896
69,506
510
1,351
67,227
Expenditure on;
Charitable activities
69,318
23,000
652
92,970
86,451
Total expendlture
69,318
23,000
652
92,970
86051
Net (expendlture) income and net
movement of funds for the year
188
(23,000)
(652) (23,464) (19324)
Reconciliation of funds:
Total Fund6 at L October 2023
79,534
4,863
106,340
125,564
Total Funds at 30 September 2024
22,131
56,534
4211
82,876
106J40
All acttvitie5 relate to continuing operations.
The attached notes forni part of the accounts.
Grlffln Stone Moscrop & Co
AmfRWI£COUfftF{15&PEQ5T￿EDAUDIToR5

Docu3ign Envelope ID.. A2448F30-859B4F17-98A&510461DC0087
THE TREAT ASSOCIATION
Company Registration Number: 8385106
BALANCE SHEET AS AT 30 SEPTEMBER 2024
Notes
2024
2023
Current assets
Stocks
Debtors
Cash at bank and in hand
386
14,522
70,592
85,500
278
6,570
103,391
110,239
Current liabili¢Èes
Creditors.. amounts falling due wAthin one year
io
2.624
3,899
Net current assets
82,876
106,340
Funds
General fund
DesigÉ]ated fund
Restn'cted funds
22,131
56,534
4.211
82,876
21,943
79,534
4,863
106,340
11
The directors consider that the cothpany is entitled to exemption from the requirement to have
an audit under the provision5 of section 477 of the Companies Act 2006 ("the A¢t") and members
have llot required tbe company to obtain an audit for the year in question in accordance with
section 476 of the Act.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting
records which comply with section 386 of the Act and for preparing financial statements which
give a triie and fair View of the state of .rffairs of the company as at 30 September 2024 and of
its net incoming resources for the year then ended in accordance with the requirements of sections
394 and 395 of the Act and W￿Ch otherwise comply with the requirements of the Companies Act
2006 relating to the financial statements so far as applicable to the company.
The fioan¢ial statements have been prepared in accordance with the special provisions relating
to companies subject to the small companies ffgime within Part 15 of the Companies Act 2006.
The financial statements were approved by the directors on 6 December 2024 and signed on their
behalf by:
PoLLArl
MS SHEILA POLLARD
Director
The attached notes torm part of the accounts.
Griffin Stone Moscrop &Co
¢444KE￿AcE￿NTANT$￿BE￿5[EREDAuD[[oRI

Docuslgn Envelope ID: A24￿8F3￿8s9B4Fl7-98AsS10481DcOO87
THE RETREAT ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
l. Accounting Pollcies
1.1 Bas]s of preparation of fmancial statements
The fin&ncial stateinents bave been prepared under the historical cost convention and
in accordance with Accounting and Reporting by Charities '. Statemellt of RecommeDded
Practice applicable to Cl￿7t1eS preparing their accounts in a¢cordallce with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019
(SOIV 2015 (FRS 102)), the Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland (FRS 102), and the Companies Act 2006.
The charity constitutes a public beneftt entity as defined by FRS 102. Assets and liabilities
are initially recognised at historical cost or ttan8action value unless otherwise stated in
the relevant accounting policy note(s).
The accounts include all transactions, assets and liabilities for which the charity is Ie8ponsible
in law.
1.2 Company Sthtus
The company is a company limited by guarantee. The tnembers of the company a￿..
The subscribers to the Memoiandum of Association
The Founding Members (whose llames ￿e listed in note 2)
Up to five individuals PAppointed by each Founding Member
Tbe Appointed Trustees
Such other persons as are admitted to menll)ership by the trustees in accordance with the Articles.
Each me￿ber has a liability limited to a sum not exceedAng £1.
1.3 Income
All income is recognised once the chaTIty has entitlement to the income, it is probable
that d]e inconie WIRI be received and the amouTht of inconLe can be measured ieliably.
Income tax recoverable in relation to donations received under Gift Ald is ￿ognISed
at the tin]e of the donation.
IA Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make payment
to a third party, it is probable that settletnent will be required and tbe amount of the obligation
C£ln be measured reliabLy.
All expenditure is accounfrd for on an accruals b￿ls. All expenties including support costs
and govertw]ce costs are allocated to the applicable expenditure beadings.
Support costs are costs incurred directly in support of expenditure on the objects of the charity,
Governance costs are those incurred in coiinection with the administration of the charity and
compliance with constitutional and statutoiy requiTements.
Griffin Stone M05crop & Co

Docuslgn Env8lop& IO.. A2448F30-859B4F17-98A6-5104fj1DG0087
10
THE RETREAT ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1.4 Expenditure (contlnued)
The con]pany is registered for VAT. The direct C08ts of the 'Retreat8' journal excludes VAT
but all other expenditure includes VAT where appropriate of which 6610 is recoveiable.
Tbe Company operates a defined contribution personal pension plan for two of its employees.
Contributiolls are recognised as an expense in the period in which they are paid.
1.5 Fund aceounting
Unrestricted funds are expendable at the discretion of the directors in furtherance
of the objects of the company. Designated funds are those finds that have been set aside
by the dtrectors for a particular purpose, Restricted funds are those funds that have been
donated for a particular purpose and must be spent by the directors on the furtherance
of that purpose.
1.6 Stocks
Stocks of books are valued at the lower of cost and net realisable value.
1.7 Debtors
Trade and other debtors aLE recognEsed at the settlement amount after pmvision for
doubtful debts. Prepayments and accrued income are valued at the amount prepaid.
1.8 Creditors
Creditors are recognised where the charity has a present obligation resulting frotn a past
event that will probably result in a transfer of funds to a third party and tbe amount due to
settle the obligation can be measured or estimated reliably.
1.9 Financial instruments
The charity only htLS fInancial assets and fin<incial liabilities of a kind that qualify as basic financial
inst￿ments. Basic financial instrLllnents (including debtors and creditors) are initially recognised at
transaction value and subsequently measured at their settlement value.
1.10 Cash at bank and in hand
Cash at bank and in hand includes cash and current and immediate access deposit accounts.
Grfffln Stone Moscrop & Co
CHARTERt.DACCCUITJV4TS&REGISTEREDAUErfT￿S

Docusign Envelope ID.. 42448F30-859B.4F17.98A6-S10461DC0087
li
THE RETREAT ASSOCIATION
NOTES TO THE AccouNrs
FOR THE YEAR ENDED 30 SEFfEMBER 2024
2. Income from donation5
Unrestricted Designated
funds
funds
2024
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Contributions from Founding members:
Association for Promoting Retreats
Baptist Ullion Retreat Group
Catholic Spirituality Network
Reflect
3,580
3,580
4,650
423
2,401
1,271
8,745
7,852
924
46
17,567
2,161
1,144
6,885
8,019
6.271
129
21J04
2,161
1,144
6,885
8,019
6,271
129
21,304
Contributions from Associate members
Other donations
Income tax recoverable
In 2023 all the income related to unrestticted funds.
3. Income from charltable activities
Unrestricted Designated
funds
funds
2024
2024
Restllcted
funds
2024
Total
funds
2024
Total
funds
2023
'Retreats' sales and advertising
Web81te income
ConfeTeThce income
Training consultation
Sales of books and Icon income
Sumtner event and other income
22,012
18,139
22,012
18.139
22,289
14,225
1.030
1,388
2,570
45,139
1,030
1,388
2,570
45,139
6,046
2,384
2,855
47,799
In 2023 all the income related to unrestricted funds.
Griffin Stone M05crop & Co
OIARfEREDhtY]JUNrANt5&￿￿￿EDAU￿IToRs

Docuglgn Envelope ID.. ￿448F3O.859B4Fl7-98A￿sl046fj DC0087
12
THE RETREAT ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
4. Expendlture on charitable actlvltles
Summary by fund type
Unrestricted Designated
funds
funds
2024
2024
Restricted
fund8
2024
Total
funds
2024
I'otal
funds
2023
'Retreats' journal - direct costs
Books and Icon costs
Conference costs
Training COllsuLtation - direct cost
Sumrner event- direct costs
Spiritual Direction Network
Salaries, pensions and national insurance
Other staffing costs
Publicity, advertising and subscriptions
Pnntingi Postage, stationery and
telephone
Software. rr expet]ses and sundry
equipment
Intetnet cost5
Premises cost8
Insurance
Sundry expenses
Governance costs (see note 6)
9,280
1,456
9,280
1,456
9,401
1,636
4,236
2,763
150
150
loo
47,713
15,6(X7
4,664
.100
47,713
4,055
1,964
43,828
8,665
3,278
11,000
2,700
552
1,034
3,0(K)
4,034
3,502
1,561
612
473
781
198
41
69,318
3,000
4,561
612
2,073
781
198
1,741
92,970
2,137
364
2,190
477
279
3,695
86,451
1,600
1,7(M)
23,000
652
For the ye&T ended 30 September 2023, £69,551 of the expendithre related to unrestricted funds,
£12.000 related to designated fiinds and £4,900 was for restricted funds,
Grlffln Stone Moscrop & Co
cHthRTEREDI£WtrIIIWlfS&mSrr.RED￿￿ff

Docuslgn Envelepe ID.. A2448F30459U-4F17-98A6410461DC0087
13
THE RETREAT ASSOCL4TION
NOTES TO THE ACCOUNTS
FOR TEtE YEAR ENDED 30 SEPTEMBER 2024
5. Analysis of expenditure on charitable activities
Direct
costs
Support Governance
costs
costs
Total
2024
Total
2023
'Retreats' journal- direct costs
Books and Icon costs
Conference costs
Training consultation - direct ¢08t
Summer event - direct costs
Spiritual Direction Network
SalaTies, pensions and national in8ur&nce
Oth￿. staffing costs
Publicity, advertising and subscription8
Printing. postage, stationery and
telephone
Software. tr expenses and sundry
equipment
Intemet costs
Prejnises costs
Insurance
Sundry expenses
Governance costs (See note 6)
9,280
1,456
9,280
1.456
9,401
1,636
4,236
2,763
150
loo
30,997
14,527
4,249
150
loo
47,713
15,607
4,664
16,716
1,080
415
43,828
8,665
3,278
3,227
807
4,034
3,502
4.393
612
1,348
508
168
4,561
612
2,073
781
198
1.741
92,970
2,137
364
2,190
477
279
3,695
86,451
725
273
198
1,741
1,741
70,847
20,382
6. CTovernance costs (included in analysi5 in notes 4 and 5)
Unrestricted Designated
funds
funds
2024
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Trustee travel expenses
Other meetings expenses
Independent examination fee
41
214
196
1,290
1,700
255
196
1,290
1,741
636
1,669
1,390
3,695
41
For the year ended 30 September 2023, £1,495 of the expenditure related to unrestricted funds
and £2,200 related to designated funds.
During the year 3 (2023,. 5) trustees received reimbursement of travel expenses for attending
meetings ￿loUntIng to £255 (2023: £636)
Grlffin Stone Moscrop & Ca
£￿￿J¥[FAEDkLix>uNf￿s&REG￿IE￿EDAUDITORs

Docuslgn Envelope ID.. A2448F3o-859E4F17-98A￿lo4el￿coo87
14
THE RETREAT ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
7. Staff costs
Total
funds
2024
Total
funds
2023
Salaries
Pensioll contributions
43,914
3.799
47,713
40,338
3,490
43,828
Average number of staff that served during the period - 2 (2023 - 2).
The Executive Director, ALison MacTier, along with the trustees as a body. but chiefly with the
operations cominittee comprising Cameron Butland, Sheild Pollard and (from September 2024)
Richard BrouEhton are cot]sidered the management personnel of the charity and the total
remuneration paid in this category was £39,006.
8. Stocks
2024
2023
Stocks of b(K)ks
386
278
9. Debtors
2024
2023
Trade debtors
Other debtors
2025 conference costs to date
Prepayments and accrued inoome
1,533
2,047
320
11,637
2,885
14,522
2,990
6A70
10. Creditors: amounts falling due wlthln one year
2024
2023
Accruals
Other creditors
1,300
1,324
2,624
1,390
3,899
Griffin Stone Moscrop & Co

Docuslgn Envelope ID: P2448F30.859B4F17.98A6.610461DC0087
15
THE RETREAT ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
11. Statement of funds
Biought
forward
Incojning Resources
re80urces
expended
Carried
forward
Restrficted funds
Training opportullities
Fundraising
4,311
552
4,863
4,211
552
652
4,211
Designated fund
Unsolicited grant
79,534
23,000
56,534
General fund
Total of funds
21,943
106,340
69,506
69,506
69318
92,970
22,131
82,876
The fund foi training opportunities is to provide grants for training opportunities in spiritual
direction for people who Come from unorthodox backgrounds,
The fund for ￿ndraising is to help increase funds for tbe charity in the future to create a
more sustainable Incon￿ generating capacity over a period of time by focussing on a number
of potential 80urces of new and increased income.
In the previous year year the charity received an unsolicited grant of £l(M),000 which tbe trustees
have designated for the following purposes..
l. To fund core costs in running the charity
2. To outsource expertise that will Ilelp to support the charity's fundraising capacity and help build
a susLiinable future
3. To help develop and extend existing projects
4. To help fund new projects
The grant ha8 been used this financial year to cover the deficit on running the conference.
The trustees plan to spend funds on activities and services that the charity would be ￿llable
to d¢velop without it.
12. Analysls of net assets between funds
Unrestricted Designated
funds
funds
2024
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Current assets
Creditors.. amounts falling due within
one year
24,755
56,534
4,211
85,500
110,239
(2,624)
22,131
(2,624)
82,876
(3,899)
106,340
56534
4,211
13. Analysls of cash and cash equivalents
2024
2023
Bank current account
Cash in hand
Total
70,472
120
70,592
103,256
135
103,391
Griffin Stone Moscrop & Co
(￿￿￿￿￿..D￿cCifftjT￿NTS6￿E￿￿TwjAvEIT9Rs