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|`ReferenceandAdministrativeDetails`||
|---|---|
|`Trustees’Report`||
|`StatementofTrustees'Responsibilities`||
|`IndependentAuditor'sReportontheFinancialStatements`||
|`StatementofFinancialActivities`||
|`BalanceSheet`||
|`StatementofCashFlows`||
|`NotestotheFinancialStatements`|`13-27`|





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|`Trustees`|`FatherChristopherFuseIC`|
|---|---|
||`FatherAnthonyFurlongIC`|
||`FatherDavidMyersIC`|
||`FatherJosephO'ReillyIC`|
||`FatherTomThomasIC`|
|`Charityregistration`||
|`number`|`1154426`|
|`Principaloffice`|`StEtheldreda’sRomanCatholicChurch`|
||`14ElyPlace`|
||`London`|
||`EC1N6RY`|
|`Independentauditor`|`RBKAuditUKLimited`|
||`CharteredAccountantsandStatutoryFirm`|
||`3ArkleRoad`|
||`Sandyford`|
||`Dublin18`|
||`Ireland`|
|`Bankers`|`HSBCplc`|
||`69PallMall`|
||`London`|
||`SW15EY`|





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|||`Unrestricted`|`Total`|`Total`|
|---|---|---|---|---|
|||`funds`|`funds`|`funds`|
|||`2025`|`2025`|`2024`|
||`Note`|`£`|`£`|`£`|
|`Incomefrom:`|||||
|`Donationsandlegacies`|`4`|`6,115`|`6,115`|`13,799`|
|`Investmentpropertyrentals`|`5`|`122,262`|`122,262`|`108,030`|
|`Othertradingactivities`|`6`|`118,943`|`118,943`|`121,561`|
|`Totalincome`||<br> <br>`247,320`|<br> <br>`247,320`|<br> <br>`243,390`|
|`Expenditureon:`|||||
|`Raisingfunds`|`7`|`55,563`|`55,563`|`68,481`|
|`Charitableactivities`|`8`|`103,916`|`103,916`|`123,751`|
|`Totalexpenditure`||<br> <br>`159,479`|<br> <br>`159,479`|<br> <br>`192,232`|
|`Netincomebeforemovementoninvestment`|||||
|`property`||`87,841`|`87,841`|`51,158`|
|`Fairvaluemovementsoninvestmentproperty`||`-`|`-`|`165,000`|
|`Netmovementinfunds`||<br> <br>`87,841`|<br> <br>`87,841`|<br> <br>`216,158`|
|`Reconciliationoffunds:`|||||
|`Totalfundsbroughtforward`|`18`|`2,255,430`|`2,255,430`|`2,039,272`|
|`Netmovementinfunds(seeabove)`||`87,841`|`87,841`|`216,158`|
|`Totalfundscarriedforward`|`18`|<br>`2,343,271`<br>|<br>`2,343,271`<br>|<br>`2,255,430`<br>|





## 

||||`2025`||`2024`|
|---|---|---|---|---|---|
||`Note`|||||
|`Fixedassets`||||||
|`Tangibleassets`|`12`||`1,555,471`||`1,576,437`|
|`Investmentproperty`|`13`||`1,615,040`||`1,615,040`|
||||`3,170,511`||`3,191,477`|
|`Currentassets`||||||
|`Debtors`|`14`|`59,816`||`69,025`||
|`Cashatbankandinhand`|`21`|`85,840`||`58,624`||
|||`145,656`||`127,649`||
|`Currentliabilities`||||||
|`Creditors:amountsfallingduewithinone`<br>`year`|`15`|`(66,200)`||`(73,611)`||
|`Netcurrentassets`|||`79,456`||`54,038`|
|`Totalassetslesscurrentliabilities`|||`3,249,967`||`3,245,515`|
|`Creditors:amountsfallingdueaftermore`<br>`thanoneyear`|`16`||`(906,696)`||`(990,085)`|
|`Totalnetassets`|||`2,343,271`||`2,255,430`|
|`Charityfunds`||||||
|`Unrestrictedfunds`|`18`||`2,343,271`||`2,255,430`|
|`Totalfunds`|||`2,343,271`||`2.255,430`|





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||`Note`|`2025`<br>`£`|`2024`<br>`£`|
|---|---|---|---|
|`Cashflowsfromoperatingactivities`||||
|`Netcashprovidedbyoperatingactivities`|`20`|`49,428`|`23,710`|
|`Cashflowsfrominvestingactivities`||||
|`Investmentpropertyrentreceived`|`5`|`114,574`|`108,030`|
|`Netcashprovidedbyinvestingactivities`||<br>`114,574`|<br>`108,030`|
|`Cashflowsfromfinancingactivities`||||
|`Repaymentsofborrowing`<br>`Interestonborrowing`|`7`|`(81,223)`<br>`(55,563)`|`(25,387)`<br>`(68,481)`|
|`Netcashusedinfinancingactivities`|<br>|<br> <br>`(136,786)`|<br> <br>`(93,868)`|
|`Changeincashandcashequivalentsintheyear`||<br>`27,216`|<br>`37,872`|
|`Cashandcashequivalentsatthebeginningoftheyear`|`21`|`58,624`|`20,752`|
|`Cashandcashequivalentsattheendoftheyear`|`21`<br>|<br>`85,840`|<br>`58,624`|





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||`Unrestricted`|`Total`|
|---|---|---|
||`funds`|`funds`|
||`2025`|`2025`|
||`£`|`£`|
|`Donations`|`6,115`|`6,115`|
|`Total2024`|<br>`13,799`|<br>`13,799`|
|`Incomefrom:Investmentpropertyrentals`|||
||`Unrestricted`|`Total`|
||`funds`|`funds`|
||`2025`|`2025`|
||`£`|`£`|
|`Rentalincomefrominvestmentproperties`|`422,262`|`122,262`|
|`Total2024`|<br>`108,030`|<br>`108,030`|
|`Incomefrom:Othertradingactivities`|||
||`Unrestricted`|`Total`|
||`funds`|`funds`|
||`2025`|`2025`|
||`£`|`£`|
|`Rentalincomefromthecrypt`|`118,943`|`118,943`|
|`Total2024`|<br>`121,561`|<br>`121,561`|





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||`Unrestricted`|`Total`|`Total`|
|---|---|---|---|
||`funds`|`funds`|`funds`|
||`2025`|`2025`|`2024`|
||`£`|`£`|`£`|
|`Loaninterest`|`55,563`|`55,563`|`68,481`|
|`Total2024`|<br>`68,481`|<br>`68,481`||
|`Expenditureon:Charitableactivities`||||
||`Unrestricted`|`Total`|`Total`|
||`funds`|`funds`|`funds`|
||`2025`|`2025`|`2024`|
||`£`|`£`|`£`|
|`Staffcost(note10)`|`12,470`|`12,470`|`12,012`|
|`Premisescosts(includingirrecoverableVAT)`|`53,629`|`53,629`|`39,262`|
|`Depreciation`|`20,966`|`20,966`|`20,966`|
|`Legalandprofessionalfees`|`500`|`500`|`13,111`|
|`Governancecosts(note9)`|`7,000`|`7,000`|`8,400`|
|`Crossparishsubsidy`|`9,351`|`9,351`|`30,000`|
|`Total2025`|<br>`103,916`|<br>`103,916`|<br>`123,751`|
|`Total2024`|<br>`123,751`|<br>`123,751`||
|`Governancecosts`||||
|||`2025`|`2024`|
|||`£`|`£`|
|`Auditor’sremuneration`||||
|`Auditor'sremuneration`||`7,000`|`8,400`|
|||<br>`7,000`|<br>`8,400`|





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||`2025`|`2024`|
|---|---|---|
||`£`|`£`|
|`Staffcostsduringtheyearwereasfollows:`|||
|`Wagesandsalaries`|`12,470`|`12,012`|
||<br>`12,470`|<br>`12,012`|



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||||`Freehold`||
|---|---|---|---|---|
||`Freehold`|`Fixturesand`|`property`||
||`property`|`fittings`|`improvements`|`Total`|
||`£`|`£`|`£`|`£`|
|`Costorvaluation`|||||
|`At1 January2025`|`1,478,000`|`2,613`|`209,660`|`1,690,273`|
|`At31December2025`|<br> <br>`1,478,000`|<br> <br>`2,613`|<br> <br>`209,660`|<br> <br>`1,690,273`|
|`Depreciation`|||||
|`At1 January2025`|`-`|`2,613`|`111,223`|`113,836`|
|`Chargefortheyear`|`-`|`-`|`20,966`|`20,966`|
|`At31December2025`|<br> <br>`-`|<br> <br>`2,613`|<br> <br>`132,189`|<br> <br>`134,802`|
|`Netbookvalue`|||||
|`At31December2025`|<br>`1,478,000`|<br>`-`|<br>`77,471`|<br>`1,555,471`|
|`At 31December2024`|<br> <br>`1,478,000`|<br> <br>`-`|<br> <br>`98,437`|<br> <br>`1,576,437`|
|`Investmentproperty`|||||
|||||`Freehold`|
|||||`investment`|
|||||`property`|
|||||`E`|
|`Valuation`|||||
|`At1 January2025`||||`1,615,040`|
|`At31December2025`||||`1,615,040`|





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||`2025`<br>`£`|`2024`<br>`£`|
|---|---|---|
|`Duewithinoneyear`<br>`Prepaymentsandaccruedincome`|`59,816`|`69,025`|
||<br>`59,816`|<br>`69,025`|
|`Creditors:Amountsfallingduewithinoneyear`|||
||`2025`<br>`£`|`2024`<br>`£`|
|`Bankloans(note16)`<br>`Othercreditors`<br>`VATliability`<br>`Deferredincome`<br>`Accruals`|`27,553`<br>`7`<br>`4,000`<br>`27,640`<br>`7,000`|`25,387`<br>`7`<br>`15,192`<br>`24,525`<br>`8,500`|
||<br>`66,200`|<br>`73,611`|
||`2025`<br>`£`|`2024`<br>`£`|
|`Deferredincomecomprisesrentalincomereceivedinadvance.`|||
|`Balanceasat1 January2025`<br>`Amountreleasedinyear`<br>`Amountdeferredinyear`|`24,525`<br>`(24,525)`<br>`27,640`|`24,885`<br>`(24,885)`<br>`24,525`|
|`Balanceasat31December2025`|<br>`27,640`|<br>`24,525`|



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||||||`Balanceat`|
|---|---|---|---|---|---|
||`Balanceat1 `||||`31`|
||`January`|||`Transfers`|`December`|
||`2025`|`Income`|`Expenditure`|`in/(out)`|`2025`|
||`£`|`£`|`£`|`£`|`£`|
|`Unrestrictedfunds`||||||
|`DesignatedTangiblefixed`||||||
|`assetfund`|`1,741,437`|`-`|`(20,966)`|`(165,000)`|`1,555,471`|
|`GeneralFunds`|`513,993`|`247,320`|`(138,513)`|`165,000`|`787,800`|
||<br> <br>`2,255,430`|<br> <br>`247,320`|<br> <br>`(159,479)`|<br>`-`|<br>`2,343,271`|
|`Statementandsummaryoffunds- prioryear`||||||
||||||`Balanceat`|
||`Balanceat`||||`31`|
||`1January`|||`Gains/`|`December`|
||`2024`|`Income`|`Expenditure`|`(Losses)`|`2024`|
||`£`|`E`|`£`|`£`|`£`|
|`Unrestrictedfunds`||||||
|`DesignatedTangiblefixed`||||||
|`assetfund`|`1,597,403`|`-`|`(20,966)`|`165,000`|`1,741,437`|
|`GeneralFunds`|`441,869`|`243,390`|`(171,266)`|`-`|`513,993`|
||<br>`2,039,272`|<br>`243,390`|<br>`(192,232)`|<br>`165,000`|<br>`2,255,430`|





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||`Unrestricted`|`Total`|
|---|---|---|
||`funds`|`funds`|
||`2025`|`2025`|
||`£`|`::`|
|`Tangiblefixedassets`|`1,555,471`|`1,555,471`|
|`Investmentproperty`|`1,615,040`|`1,615,040`|
|`Currentassets`|`145,656`|`145,656`|
|`Creditorsduewithinoneyear`|`(66,200)`|`(66,200)`|
|`Creditorsdueinmorethanoneyear`|`(906,696)`|`(906,696)`|
|`Total`|<br>`2,343,271`|<br>`2,343,271`|



||`Unrestricted`|`Total`|
|---|---|---|
||`funds`|`funds`|
||`2024`|`2024`|
||`£`|`£`|
|`Tangiblefixedassets`|`1,576,437`|`1,576,437`|
|`Investmentproperty`|`1,615,040`|`1,615,040`|
|`Currentassets`|`127,649`|`127,649`|
|`Creditorsduewithinoneyear`|`(73,611)`|`(73,611)`|
|`Creditorsdueinmorethanoneyear`|`(990,085)`|`(990,085)`|
|`Total`|<br>`2,255,430`<br>|<br>`2,255,430`<br>|





## 

||||`2025`|`2024`|
|---|---|---|---|---|
||||`£`|`£`|
||`Netincomefortheyear(asperStatementofFinancialActivities)`||`87,841`|`216,158`|
||`Adjustmentsfor:`||||
||`Depreciationcharges`||`20,966`|`20,966`|
||`Gainsonrevaluationofinvestmentproperty`||`-`|`(165,000)`|
||`Investmentpropertyrentreceivable`||`(114,574)`|`(108,030)`|
||`Decrease/(Increase)inDebtors`||`9,209`|`(19,636)`|
||`IncreaseinCreditors`||`45,986`|`79,252`|
||`Netcashprovidedbyoperatingactivities`||<br>`49,428`|<br>`23,710`|
|`21;`|`Analysisofcashandcashequivalents`||||
||||`2025`|`2024`|
||||`£`|`z`|
||`Cashatbankandinhand`||`85,840`|`58,624`|
||`Totalcashandcashequivalents`||<br>`85,840`|<br>`58,624`|
|`22.`|`Analysisofchangesinnetdebt`||||
|||`At1 `||`At31`|
|||`January`||`December`|
|||`2025`|`Cashflows`|`2025`|
|||`£`|`£`|`£`|
||`Cashatbankandinhand`|`58,624`|`27,216`|`85,840`|
||`Debtduewithin`<br>`1year`|`(25,387)`|`(5,836)`|`(31,223)`|
||`Debtdueafter1 year`|`(990,085)`|`87,059`|`(903,026)`|
|||<br>`(956,848)`|<br>`108,439`|<br>`(848,409)`|



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