Charily registraiion number
1161J)34
Ursullne Links
Report and Accounts
31 December 2024
Borncki & Co
Chartered Accounianis
42 Radnor Road
Harrow
Middlesex HAI I RZ

Ursuline Links
Legal and administrative inforniation
Trustees
Kaihleen Colmer
Bridget Durrant
Pamela Johnson
Karen Reilly
Polly Harrison
Prineipal o￿lee
38 Giosvenor Road
London E7 8JA
Charity number
Indcpendcnt examiner
J l Borncki FCA
Borucki & Co
42 Radnor Road
Harrow
Middlesex. HAI I RZ
Bankers
Royal Bank of Scotland plc
62-63 Threadneedle Street
London EC2R 8LA

Ursuline Links
Trustees report
2024 was an unusual year for Ursuline Links. Following Ihe in-depih evaluation conducied in aulumn 2023 which
indicaied ihai Ursuline Links had a fuiure, Ihe irusiees sei aboui adverti.sing for a new Director. Despiie extensiN'e
dvertisino we were unsuccess￿1 in qecuring Ihe ideal person until laie autumn. James Ryan will 8tart hiq post in
January 2025.
Follunately, Cleo Gammon conlinued 10 keep her conia¢is with the past siudents so that we were able io have a day s
reunion in May 2024. This was well attended so we were hugely encouraged. The young people (some of whom
had uiven five years. service) gave us innovatii'e ideas about which projects to get involved with into the future.
Sadly. there were no fornul projects in the sununer
holidays. HoweN'er, dales for the launch assemblies
were tixed in Jllly so at the beginning of October Sr.
Kathleen visited thc six Ursuline schools to gil'e the
good news ihat Ursuline Links was back in business.
The re%pon.* was amazing. By the beginninu of
November. we had around 80 students signed up.
In consuliaiion with ihe 51uden15 we had decided thai
Ihey Lould organise small service projects in iheir
schools before ihe Chrisimas break. Si Ursulas
students organised their fwsl projeci by colleciing
numerous boxes of food supplies for ihe local
Greenwich Food Bank before Ihe end of Ociober and
wrote Christmas cards 10 lonely elderly people in
December
Students in Ilford collected for their local FIKMI Bankand the Jesuit
Refugee Service. Other students have service plans ready for early 2025
This shows the trustee5 the calibre of students we have rccruitcd
By ihe end uf 2024 we had a firm belief that sumrner 2025 would be one
OF thc bcst ci'cr. All thc 80+ studcnls had show'n great comniitment to ihe
unihly mccling5 aDd a gcnuine desire to be uf 5¢rvicc to their
neighbouis near and far. These are young ￿Ople of great promise.
PUBLIC BENEFIT
The Trusiees hai'e consulied ihe ouidanLe made available
by ihe Chatil). Comtnission for England and Wales on
PubliL Bcnefil requitcmeni of Ihe ChaTilies Act 2011. The
Trustees are confident ihat they have complied with their
duly under ihe Act in ihai ihey have had due regard io
public benefii guidance publi%hed by ihe Commi.q8ion.
The Trusiees hai'e ￿Ven details of the aciivilies and
achievements of Ursuline Links in previous paragraphs
which indicate the Seriousness with ￿h]Ch they adhere to
this guidance. These works include caring for the least
vulnerable in our wiety. enhancing the lii'es of young
children and developing leadership %kills in young adults
and oiher charitable causes that come within the object of
the CIO.

Ursuline Links
Trustees report
s the Desenzano house is no longer available a number of the charity's resources have been gified to other
charit<ible organisations. Most resources. though. have ￿en safely stored for future projects.
REsER}￿s POLICY
Th¢ Tiu%lc¢% havc d Rcsetve5 Policy in place. Ai Ihe end of each fiscdl ye<ll, they aim io have a ie%erve of £lO.000.
Such a sum allows us to pay for iemporary staff should Ihere be a long-tem) absence, a deposit for the following
year's aciiviiy before a funding grani has been received and any unforeseen expendiiure. On 31 December 2024 the
reseri'e8 siood ai £74,523 which is conqiderably more ihan we had hoped. Thi% high figure relaie% Lo ihe charily
receii'ing addiiional funding 10 sUPPOrt ihe salary cotsis of ihe newly appointed Direcior who will start hi4 post in
January 2025. As ihere ￿'ere no )'ouih aciiviiies for mosi of Ihe year the expenses hai'e been minimal. The Trustees
are not concerned aboui Ihis figure as li means we sian Ihe new year wiihoui financial anxiety.
RISK ASSESSMENT
The Trustees haye assessed the major risks io which the chaTiiy is exposed. those rela￿d to the operations and
finances of the Chatify and are satisfied ihai systCffj5 ate in plaLe to toiligaie oui expo4we io major tisk5.
The Trustees work under the auspices of the Religious Life Safeguarding Sernice for all the Protection Against
Abuse issues. DBS clearanLe is obtained for all employees and adul( volunieers.
The Aqsisiani Director has an Ursuline Links credii Card. Monthly expendiiure 18 Moni￿red and an accoun( given to
the Finance Officer. Single expendiwre over £?(K) musi be approved in advance.
The Trusiees have a Child Proieciion policy w'hich is discussed wilh all emplovees and adult volunieers.
Safeguarding and Health and Safely Iraining is gii'en io all aduli and Youih Leader ￿OlunteerS. This year Sr.
Kdthleen Colmer and Ms. Cleo Gammon have been Ihe Safeguardino Officers- Ms Cleo Gammon is our trained First
Alder. Their training is kept up 10 dale.
Risk Asses.sments are conducted for all our Youth Projecis- additional insurance is taken out for overse&s projects.
FUTURE PLANS
Following two rounds of advertising Ihe T￿£￿e5 have apw)inied a fi]11-lime Direcior for the charity: James Ryan
takes up his post on 13ih January 2025. He will drdw up a 5 -year susLqinability and development plan to be
presented lo the Trustees ai their meeiing on May 15ih 2025.
Plan8 are well undenvay for summer ?025 projeci%- 80+ smdenis are enrolled. We are busily completing fi]nding
application forms in the hope we will have the funds we need 10 offer all the students worthwhile projects and only
charge them a minimal fee for par(icipatine.
2025 marks the 15ih )'ear of Ursuline Links. We will mark this el'ent on 14th June with a special M&ss and lunch for
past and present students. families. t"riends and sponsors.
Signed on behalf of the Tru5tees=
Trustee= Kathleen Colmer
Approved by ihe trusiees on 5ih March 2025

Ursuline Links
STATEMENT OF TRUSTEE'S RTrSPONSIBILITIES IN RESPEcf OF THE TRUSTEES, REPORT
AND FINANCIAL STATEMENTS
Under charity law, Ihe Irusieeq are responsible for preparing ihe Trustee%' Annual Repon and the financial
qiatements for each financial year which show a In￿ and fair i'iew of the siaie of affairs of Ihe charity and of
the excess of income over expenditure for Ihai period.
In preparing these financial statemenL8, generally acceptrd accounting praciice entails Ihai the trustees:
select suitable accounting policies and then apply thein consistently-
make judgements at]d estimates thai are reasonable and prudent.
state whether the recommendations of the Statement of Recommended Practice have been followed,
subjeci to any maierial departures disclosed and explained in ihe financial statements-
state whether the statements comply with the trust deed. subject to any niaterial departures disclosed and
explained in the financial statements-
prepare financial statements on the (poinu concern basis unless it is inappropriate to presume the charity
will continue its aclivities.
The trustees are required io act in accordance with Ihe misi deed of the chariiy, wiihin the framework of trust
law. They are responsible for keeping proper accouniing records, sufficient io disclose at any time, with
reasonable accuracy. the financial position of the charity at that lime. and 10 enable the trllstees to ensure that.
,here any .statements of accounts are prepared by thein under section 132(1) of the Charities Act 2011, those
Statements of accounts comply with the requirement.s of re£ulations under thai provision. They have general
responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and
to prevent and detect fraud and other irregularitie5.

Ursuline Links
Independent Examiner's Report
to the Trustees of Ursuline Links
I report on the accounts of Ursuline Links for the Feriod ended 31 December 2024 which cornprise the Statement of
Financial Activities and the related notes.
Thi% report is n]adc %olcly io thc chatily's iru51ces. a5 a body. in accoidancc with Scciion 145 of the ch￿IleS Act
2011. My examination has been undertaken so that I might state io the charity's trustees those matters we are
required (o state io ihem in an independent examiner's report and for no oiher purpose. To the lullesi ex(enL
permiiied by law. I do not accepi or assume responsibilily to anyone other than the charity and the chatiiy's iruS￿e5
a% a body, for my examindlion. for this report, or for Ihe opinion% I have fomed.
RespectiTre re8ponsibilitie8 of tr￿Stee$ and auditfjrs
The chariiy s trusiees are responsible for ihe preparaiion of ihe accounis. The charity's irusiees consider that an audii
is noc required for ihis year under seciion 144(2) of ihe Chariiies Aci 2011 Iihe ?01 l Aci) and ihai an independeni
examinaiion is needed
Ii is my responsibiliiy lo=
examine the accounts under seciion 145 of ihe 2011 ACT-
to follow the procedure% laid down in the oeneral Direciions given by the Charity Commission under section
145{5){b) of the 201 l Act; and
- to state whether particular matiers have come to my attention.
Basis of independent examiner's report
My cxatninaLiun was cattied out in aLLordance wilh the general Diteciions given by the Charity Conjmission. An
examindiion inLlud¢s a i¢view of Ihe 41LLounling iecord% kcpl by ihc chariiy and a Lompdri%on of che acLounl5
presented with those records. Il also includes consideration of any unusual items or disclosures in the accounts, and
seeking explanaiions from you as irusiees concerning any such mailers. The proLedures underthken do noi provide
all the ei'idence ihai would be required in an audit and con%equenili' no opinion 1% given 10 wheiher Ihe accounis
present a 'rrue and fair view. and Ihe retM)rt is limiied io ihose mai￿rS sei oui in ihe ststemeni below.
Independent examiner's statement
In connection with my examination. no matier h&s conie 10 my &tieniion'.
(l) whiLh gives me ieasonable cause to believe thai in any maietial iespeci ihe requirements..
to keep accounrinu records in accordance with seciion 130 of the 2011 Act- and
to prepare accoun15 which accord wilh the accouniing records and comply with the accouniing
requiremenis of the 2011 Aci
have noi been mei
{-) to whiLh. in my opinion. attcntion should bc dTawi] in ordcr lo cnablc a pioper undcrstanding of thc accounts to
bc reached.
J l BoruLki FCA
Borucki & Co
Chartered Accountanis
4? Radnor Road
Harrow
Middlesex HAI IRZ
Signed on 5 March 2025

Ursuline Links
Statement of financial activities (incorporating an income and expenditure account)
for the year ended 31 December 2024
Noto
)24
2023
Incon
Voluntary income
Donations.. Roman Union of St Ursula
General donations
Contributions from partieipants
Bank interost
Total ineome
81.153
1,506
15.IK)O
10.948
2.0?5
152
28.125
264
82.923
Resourees expended
Expenditure on charitable activities
Proj¥LI cxpenditurc
Facilities
Administraiion and support
421
4.809
1,988
24,110
10,233
Total expenditure
Net ineome/{expenditure} and net movement in funds for
the year
69.570
(2.782)
Reconciliation of funds
Balance brought forward l January
4,953
7,735
Balances carried forward 31 December
4,953
ContinuiDg operatio
None of the charity s aciivilies were acquired or disconiinued during the above iwo financial years.
Statement of total recognised gains alld lo&ses
The charity has no recognised oains or losses other than those shown a￿l'e and therefore no separdte statement of
io(al gains and losses hes been prepared.

Ursuline Links
Balance Sheet
as at 31 December 2024
Notes
2024
2023
Current assets
Debtors
Cash at bank and in hand
3.510
71.650
75.160
2.010
4.049
6.059
Creditors: amounts falling due
within one year
(637)
(I,l(K))
Net current assets
74.523
4,953
74,523
4,953
Capital and reserves
General fi]nd
74.523
4.953
4,953
74.523
Appoved by the Trustees
and signed on their behalf 5th March 2025
Kathleen Colmer
Trustee
ApproN'ed by the Tru.stees on

Ursuline Links
Statement of cash flows
for the year ended 31 December 2024
Note
2024
2023
Cash used in operating activitics
67.337
{2.8?9)
Cash flows from investing acivilies
Investment income
Cash provided (used) in investing aciivilies
264
2fv1
152
152
Decrease in cash and cash equivalenis in year
67,601
(2,677)
(Decrease) increase in cash at bank and in hand
67.601
67.601
{2,677}
{2,677)
A. Reconciliation of net movement in funds to net cash flow from operating actiiities
2024
2023
Net movement LD funds
Deduct investment income
InLrea5e IdeLrease) in creditor5
(Incicasc) dccicasc in dcbtors
69.570
(2641
(4691
(1.5001
{2.782)
(152)
105
{2,899)

Ursuline Links
Notes to the Accounts
for the year ended 31 December 2024
l Accollnting policies
Accounting convention
The dccDunt5 havc bccn prcparcd undei the h]￿lO[1cal cosi conNcntion a8 modified bj the inclusion
of investmen15 ai market value and. in accordance with the requirements of the Charities Aci
2011. Applicable aLcouniing siandards and ihe Siatemeni of Recommended PraLiice "Accounling
and Reporting by Chariiies" (SORP 2015) have been followed.
The trust constitutes a public benefit entity as defined b), FRS I O?
The truNtee% con.%ider thai there are no maierial uncertainiie% about Ihe Trnst's abiliiy to continue as
a going ¢on¢ern.
Income
All income 15 recognised once the charity bas entitlement to the iDcome. it is probable that the
income will be receii'ed and the aTnount of income receiNable can be measured reliably.
Donations, arc rccogniscd whcn thc Trust ha5 i￿cn notificd in writing of both thc amount and
scttlcmcT)t datc.
Interest on fund5 held on deposit is included when receivable and the amount can be measured
reliably by the Lhariiy- this is nornvdlly upon noiifiLaiion of (he interest paid or payable by the
bank.
Expenditure
Liabililies are recognised as expenditure as soon as there is a legal or constructive obligalion
comtnitting the charity to that expenditure. it 15 probable that settlen]ent will be required and the
amount of the obligation Lan be measured rcliably.
Expcnditure on chatitablc aclivitiC5 comptiscs dircct cxpcn5cs incurtcd on thc defined charitable
purpo%e% of thc charity dnd includcs %taff co%L% dttributable to the activity.
Governance costs comprise of expenditure on compliance with and advice on constitutional and
slatutoiy matieis.
As all expendiiure can be aiiribuied io Specific caiegories no apEK)llionmenr be￿een heading has
been necessary. Irrecoverable VAT is included in ihe 7￿mS of expendiiure to which li rela￿s.
Fund accounting
The general fund comprises those monies. which may be used towards meeiing the charitable
objectives of the charity at the discretion of the Trusiees.
Taxation
The Tru.%i, ¢15 a regisiered chdriiy, is exempi from taxa(ion on lis income and gains falling within
Section 505 of the Taxes Aci 1988 or Seciion 256 of ihe TaX￿lon of Chargeable Gains Aci 1992
(o ihe extent that Ihey are applied ￿ lis chariiable objeciives. No tax charge has arisen in (he year.

Ursuline Links
Notes to the Accounts
for the year ended 31 December 2024
2 Administration and support
2024
2023
Staff costs
Courses and Conferences
Travel
Office expenses
Website
Accountancy charges
Other professional fees
5.430
310
295
2.289
1.050
840
21,690
691
605
810
10,233
24,110
3 Staff costs and trustees, remuneration
2024
2023
Staff costs
Sraff costs during the year were as follows:
Wagcs and salarics
Redundancy
Social security costs
Penqion cosis
3,199
21,559
62
69
21.690
Truste¢s' remuneration
No trustee received any remuneraiion or reimbursement of ex￿nseS in respect of services as a
tru.siee during the year or in the previous year.
4 Taxation
Ursuline Links is a regisiered chariiy and therefore is not liable to income thx or corporation tax on
income derived from lis chariiable aciiviiies, as li falls within ihe various exempiions available to
regiqiered charities
5 Debtors
2024
2023
Other debiors
Prcpaymcnts
3.510
2.010
3,510
2,010
6 Creditors: amounL8 falling due within one year
2024
2023
Other creditors
Accruals
37
600
637
506
600
1,106
10