| Reports | |
|---|---|
| Referenceandadministrativedetailsof | |
| thecharity,itsTrustees,andadvisers | 1 |
| Trustees'report | 2 |
| Independentauditor'sreport | 27 |
| Accounts | |
|---|---|
| Statementoffinancialactivities | 32 |
| Balancesheet | 33 |
| Statementofcashflows | 34 |
| Principalaccountingpolicies | 35 |
| Notestotheaccounts | 39 |
| Trustees | SisterPatriciaMaryBell |
|---|---|
| SisterEstherMyongSoonShin(appointed | |
| July2023) | |
| SisterMonicaWhelan(appointedJuly2023) | |
| SisterEllenMaseve (appointedJuly2023) | |
| SisterBernadetteFitzgerald(resignedJuly | |
| 2023) | |
| SisterSusannaMiYoungPark(resignedJuly | |
| 2023) | |
| SisterElizabethGilroy(resignedJuly2023) | |
| CongregationalLeader | SisterPatriciaMaryBell(fromJuly2023) |
| SisterBernadetteFitzgerald(toJuly2023) | |
| Administrativeaddress | LittleCompanyofMaryCongregationCIO |
| 28TrinityCrescent | |
| TootingBec | |
| London | |
| SW177AE | |
| Telephone | 02086820928 |
| Charityregistrationnumber | 1161450 |
| Auditor | BuzzacottLLP |
| 130WoodStreet | |
| London | |
| EC2V6DL | |
| Principalbankers | TheRoyalBankofScotlandplc |
| 1stFloor,HoublonHouse | |
| 62-63ThreadneedleStreet | |
| London | |
| EC2R8HP | |
| Solicitors | StoneKingLLP |
| UpperBoroughCourt | |
| UpperBoroughWalls | |
| Bath | |
| BA11RG |
==> picture [269 x 18] intentionally omitted <==
| Date | Details |
|---|---|
| 28July | Buzzacottwebinar;Trusteesresponsibilities.SisterEllenMaseve |
| 6August | Buzzacottwebinar;TrusteesResponsibilities.SisterPatriciaMary |
| Bell | |
| 7August | Buzzacottvideos;CharityGovernanceCodeandFinancial |
| Governance.SisterPatriciaMaryBell | |
| 8August | Buzzacottvideo;RiskandReserves.SisterPatriciaMaryBell |
| 8August | Buzzacottvideo;TrusteesResponsibilities.SisterEstherShin |
| 9August | Buzzacottvideo;PublicBenefit.SisterPatriciaMaryBell |
| 9August | Buzzacottvideos;CharityGovernanceCodeandFinancial |
| Governance.SisterEllenMaseve | |
| 14August | Buzzacottvideo;TheCharityGovernanceCode.SisterEstherShin |
| 15August | Buzzacottthree-partVideosonAccountsfornon-Accountants; |
| Trustee'sreport;StatutoryReporting,Judgmentalareas.Sister | |
| PatriciaMaryBell | |
| 15August | Buzzacottvideo;RiskandReserves.SisterEstherShin |
| 17August | StoneKingTrusteeTrainingWebinar;TheEssentialTrustee& |
| GovernanceinPractice.SisterMonicaWhelan |
| Date | Details |
|---|---|
| 17August | StoneKingTrusteeTrainingWebinar;TheEssentialTrustee& |
| GovernanceinPractice.SisterEllenMaseve | |
| 18August | CatholicReligiousAustraliaVideo;Safeguarding.SisterPatriciaMary |
| Bell | |
| 21August | Buzzacottvideo;PublicBenefit.SisterEstherShin |
| September | BuzzacottWebinarsTrusteesResponsibilities:TheCharity |
| GovernanceCode;FinancialGovernance;RiskandReserves;Public | |
| Benefit.SisterMonicaWhelan | |
| 12September | UISGwebinarIntegralEcologyinReligiousLifeandMission.Sister |
| PatriciaMaryBell | |
| 14September | UISGZoomCommunionthatRadiates,Synodality.SisterPatricia |
| MaryBell | |
| 14,24 | UISGZOOM:CommunionthatRadiates,Synodality.SisterPatricia |
| September | MaryBell |
| and2 | |
| October | |
| 20September | UISGwebinarConversationsontheSynod;Overviewand |
| opportunities.SisterEstherShin | |
| 21September | CAFOD-Afternoonofreflection.SisterMonicaWhelan |
| 25September | USIGConversationsontheSynod—ContinentalPerspectives.Sister |
| MonicaWhelan | |
| 25September | UISGwebinarConversationsontheSynod:Continentalperspectives. |
| SisterEstherShin | |
| 25September | UISGwebinarConversationsontheSynod:Continentalperspectives. |
| SisterEllenMaseve | |
| 5October | APastoralReflectiononSocialMediaEngagement:Formationon |
| Communication.SisterMonicaWhelan | |
| 8October | DayforReligious,LivingConsecratedLifeaswejourneytoaSynodal |
| Church.SisterMonicaWhelan |
| Date | Details |
|---|---|
| 12October | USIGLivingtheCharism,ReformingtheCare:CatholicCarefor |
| ChildreninEasternAfrica.SisterMonicaWhelan | |
| 17October | SafeguardingwebinarinanInternationalContext,Charity |
| Commission'sExpectations.SisterMonicaWhelanandSisterEsther | |
| Shin | |
| 25October | UISGwebinarCanonLawandBasicforSuperiorGenerals.Sister |
| PatriciaMaryBell | |
| 25October | USIGwebinar:CanonLawBasicsforSuperiorGeneral.SisterMonica |
| Whelan,SisterEstherShinandSisterEllenMaseve | |
| 6November | WebinarAnchoringFaithConsistentInvestingintheExperienceof |
| FrontlineCommunities.UISGincollaborationwithLaudatorSiand | |
| LaudatoSiMovement.SisterEstherShin | |
| 7November | FinancingaLiveableFuture:ChurchInvestmentinClimateSolutions |
| Conference,London.SisterMonicaWhelan | |
| 8November | BuzzacottOnlineYouTubeVideo,AccountsforNon-accountants. |
| SisterEllenMaseve | |
| 16November | ManagingYourFaithCharity,Birmingham.SisterMonicaWhelan |
| 6December | StoneKingwebinar:ComingtotheUKasaReligiousVisitorduring |
| thefestiveseason.SistersPatriciaMaryBellandSisterEstherShin | |
| 6December | UISGwebinar:"SharingfromtheSynodAssembly2023"series.Sister |
| EstherShinandSisterEllenMaseve | |
| 6December | StoneKingwebinar:ComingtotheUKasareligiousvisitorduringthe |
| festiveperiod.SisterEllenMaseve | |
| 12December1LCWRZOOMmeeting:LeadershipforanIncreasinglyIntercultural | |
| ReligiousLife.SisterPatriciaMaryBell | |
| 14/15 | uiSGwebinarCanonLawandtheroleofCongregationalCounciiiors. |
| December | SisterPatriciaMaryBell |
==> picture [192 x 39] intentionally omitted <==
==> picture [137 x 31] intentionally omitted <==
| Un- | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| restricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| Incomefrom: | |||||||
| Donations | 1 | 581,683 | 95,000 | 676,683 | 247,601 | 247,601 | |
| Bankinterest | 17,735 | 17,735 | 2,909 | 2,909 | |||
| Totalincome | 599,418 | 95,000 | 694,418 | 250,510 | 250,510 | ||
| Expenditureon: | |||||||
| Charitableactivities | |||||||
| .Co-ordinationanddirectionof,andthe | |||||||
| provisionofadviceto,theRegionsand | |||||||
| ProvinceoftheCongregation | 2 | 439,112 | 439,112 | 250,722 | 250,722 | ||
| .Donations | 4 | 68,045 | 75,000 | 143,045 | 83,099 | 83,099 | |
| Totalexpenditure | 507,157 | 75,000 | 582,157 | 333,821 | 333,821 | ||
| Netincome(expenditure)andnet | |||||||
| movementinfunds | 5 | 92,261 | 20,000 | 112,261 | (83,311) | - | (83,311) |
| Balancesbroughtforwardat1January | |||||||
| 2023 | 792,686 | 792,686 | 875,997 | - | 875,997 | ||
| Balancescarriedforwardat31 | |||||||
| December2023 | 884,947 | 20,000 | 904,947 | 792,686 | 792,686 |
| 2023 | 2023 | 2022 | 2022 | ||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Tangibleassets | 8 | 155,253 | 161,953 | ||
| Currentassets | |||||
| Debtors | 9 | 12,190 | 22,086 | ||
| Shorttermdeposits | 517,585 | ||||
| Cashatbankandinhand | 250,120 | 627,455 | |||
| 779,895 | 649,541 | ||||
| Currentliabilities | |||||
| Creditors:amountsfallingdue | |||||
| withinoneyear | 10 | (30,201) | (18,808) | ||
| Netcurrentassets | 749,694 | 630,733 | |||
| Totalnetassets | 904,947 | 792,686 | |||
| Representedby: | |||||
| Thefundsofthecharity | |||||
| Restrictedfunds | 12 | 20,000 | |||
| Unrestrictedincomefunds: | |||||
| .Generalfund | 714,709 | 630,733 | |||
| .Tangiblefixedassetsfund | 13 | 155,253 | 161,953 | ||
| .Emergencycharitablefund | 13 | 14,985 | |||
| 884,947 | 792,686 | ||||
| 14 | 904,947 | 792,686 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cashflowsfromoperatingactivities | ||||
| Netcashprovidedby(usedin)operatingactivities | A | 129,815 | (87,515) | |
| Cashflowsfrominvestingactivities | ||||
| Purchaseoftangiblefixedassets | (7,300) | |||
| Purchaseofshorttermdeposits | (517,585) | |||
| Interestreceivable | 17,735 | 2,909 | ||
| Netcash(usedin)providedbyinvestingactivities | (507,150) | 2,909 | ||
| Changeincashandcashequivalentsintheperiod | (377,335) | (84,606) | ||
| Cashandcashequivalentsat1January2023 | B | 627,455 | 712,061 | |
| Cashandcashequivalentsat31December2023 | B | 250,120 | 627,455 | |
| Notestothestatementofcashflowsfortheyearended31December2023 | ||||
| A | Reconciliationofnetincome(expenditure)andnetmovement | infundsto | netcash | |
| usedinoperatingactivities | ||||
| 2023 | 2022 | |||
£ |
£ |
|||
| Netexpenditureandnetmovementinfunds(asperthestatement | ||||
| offinancialactivities) | 112,261 | (83,311) | ||
| Adjustments: | ||||
| Depreciationcharge | 14,000 | 14,586 | ||
| Interestreceivable | (17,735) | (2,909) | ||
| Decrease(increase)indebtors | 9,896 | (15,646) | ||
| Increase(decrease)increditors | 11,393 | (235) | ||
| Netcashprovidedby(usedin)operatingactivities | 129,815 | (87,515) | ||
| B | Analysisofcashandcashequivalents | |||
| 2023 | 2022 | |||
£ |
£ |
|||
| Cashatbankandinhand | 250,120 | 627,455 |
==> picture [411 x 69] intentionally omitted <==
| Unrestricted | funds | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Premisescosts | 43,416 | 33,340 |
| Sisters'livingexpenses | 63,215 | 39,001 |
| Otherdirectcostsincludingtravel | 322,100 | 170,002 |
| Governancecosts(note3) | 10,381 | 8,379 |
| 439,112 | 250,722 |
| Governancecosts | ||
|---|---|---|
| Unrestrictedfunds | ||
| 2023 | 2022 | |
| £ | £ | |
| Auditor'sremuneration | 10,381 | 8,379 |
| Un- | 2023 | Un- | 2022 | |||
|---|---|---|---|---|---|---|
| restricted | Restricted | Total | restricted | Restricted | Total | |
| funds | funds | funds | funds | funds | funds | |
| £ | £ | £ | £ | £ | £ | |
| Donationspayable | 68,045 | 75,000 | 143,045 | 83,099 | 83,099 |
| Donationspayabletoinstitutionsduringt | heperiod | comprised | thefol | lowing: | ||
|---|---|---|---|---|---|---|
| Un- | 2023 | Un- | 2022 | |||
| restricted | Restricted | Total | restricted | Restricted | Total | |
| funds | funds | funds | funds | funds | funds | |
| £ | £ | £ | £ | £ | £ | |
| AidtotheChurchinNeed | 1,000 | - | 1,000 | 11,015 | 11,015 | |
| BarnabasCatherdral | 1,000 | - | 1,000 | — | — | — |
| BritishRedCross | 5,000 | — | 5,000 | - | - | - |
| CAFOD | 21,000 | - | 21,000 | 1,000 | 1,000 | |
| CAREAustralia | — | — | — | 20,024 | 20,024 | |
| CatholicCaringFoundation | 5,015 | 5,015 | — | — | — | |
| ChristianAid | 5,000 | - | 5,000 | — | — | — |
| Comunita'diSt'Egidio | 7,015 | - | 7,015 | 7,015 | - | 7,015 |
| DIF-DioceseofLismore | — | — | — | 10,015 | - | 10,015 |
| DurhamUniversity LittleSistersofthePoor |
- 1,000 |
75,000 - |
75,000 1,000 |
— 1,000 |
— | — 1,000 |
| MissionvaleCareCentreTrust | 3,015 | - | 3,015 | 3,015 | 3,015 | |
| RCAOSOurLadyofLaSaletteandStJoseph | 1,000 | 1,000 | 1,000 | 1,000 | ||
| SaintJohnofGodHospitallerServices(OlalloHouse) | 1,000 | - | 1,000 | 1,000 | 1,000 | |
| SolidarityProject Spires |
5,000 1,000 |
- | 5,000 1,000 |
5,000 1,000 |
5,000 1,000 |
|
| StAnne'sChurch | 1,000 | - | 1,000 | 1,000 | - | 1,000 |
| StAnselm'sChurch | 1,000 | 1,000 | 1,000 | 1,000 | ||
| StBarnabasCathedral | — | — | — | 1,000 | 1,000 | |
| StGeorge'sCathedral(Southwark) StVincentdePaulSociety |
1,000 2,000 |
— | 1,000 2,000 |
1,000 2,000 |
- | 1,000 2,000 |
| TheMedailleTrust | 1,000 | 1,000 | 1,000 | 1,000 | ||
| TheMostHolyTrinityRCChurchDockhead | 1,000 | - | 1,000 | 1,000 | - | 1,000 |
| ThePassage | 2,000 | — | 2,000 | 2,000 | 2,000 | |
| TheSalvationArmy | 2,000 | — | 2,000 | 2,000 | - | 2,000 |
| VictorianFloodAppeal(Victoria,NewSouthWalesand | ||||||
| Tasmania) | — | — | — | 10,015 | - | 10,015 |
| 68,045 | 75,000 | 143,045 | 83,099 | 83,099 |
| Netincome(expenditure)andnetmovementinf Thisisstatedaftercharging: |
unds | |
|---|---|---|
| Total | Total | |
| funds | funds | |
| 2023 | 2022 | |
£ |
£ |
|
| Staffcosts(note6) | 41,844 | 42,493 |
| Auditor'sremuneration(includingVAT) | ||
| .Statutoryauditfees | ||
| ..Currentyear | 8,800 | 8,379 |
| ..Prioryear | 1,581 | |
| Depreciation | 14,000 | 14,586 |
| Operatingleaserentals(note11) | 2,005 | 2,005 |
| Total | Total | |
|---|---|---|
| funds | Funds | |
| 2023 | 2022 | |
£ |
£ |
|
| Grosssalaries | 36,386 | 37,536 |
| Pensioncosts | 5,458 | 4,957 |
| 41,844 | 42,493 |
| Tangiblefixedassets | |||
|---|---|---|---|
| Freehold | Furniture, | ||
| landand | fittingsand | ||
| buildings | equipment | Total | |
£ |
£ |
£ |
|
| Cost | |||
| At1January2023andat31December2023 | 494,214 | 32,673 | 526,887 |
| Additions | 7,300 | 7,300 | |
| At31December2023 | 494,214 | 39,973 | 534,187 |
| Depreciation | |||
| At1January2023 | 336,061 | 28,873 | 364,934 |
| Chargefortheyear | 9,884 | 4,116 | 14,000 |
| At31December2023 | 345,945 | 32,989 | 378,934 |
| Netbookvalues | |||
| At31December2023 | 148,269 | 6,984 | 155,253 |
| At31December2022 | 158,153 | 3,800 | 161,953 |
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| Prepayments | 11,669 | 21,573 |
| Sundrydebtors | 521 | 513 |
| 12,190 | 22,086 |
| Creditors:amountsfallingduewithinoneye | ar | |
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| Accrualsanddeferredincome | 30,201 | 18,808 |
| At31December2023,thecharityhadtotalco leasesinrespecttoequipmentasfollows: |
mmitmentsundernon-cancellableo | perating |
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| Payable: | ||
| .Withinoneyear | 2,005 | 2,005 |
| .Withintwotofiveyears | 3,766 | 5,771 |
| 5,771 | 7,776 |
| Restrictedfunds | ||
|---|---|---|
| 2023 | 2022 | |
£ |
£ |
|
| At1January2023 | ||
| Netmovementsinyear | 20,000 | |
| At31December2023 | 20,000 |
| esignatedfunds | ||||
|---|---|---|---|---|
| Emergency | Tangible | |||
| charitable | fixed | |||
| fund | assetfund | 2023 | 2022 | |
£ |
£ |
£ |
||
| At1January2023 | 161,953 | 161,953 | 176,537 | |
| Designatedinyear | 50,000 | 50,000 | (14,584) | |
| Utilised/releasedinyear | (35,015) | (6,700) | (41,715) | |
| At31December2023 | 14,985 | 155,253 | 170,238 | 161,953 |
| Unrestricted | Designated | Restricted | 2023 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| FixedAssets | — | 155,253 | - | 155,253 |
| CurrentAssets | 744,910 | 14,985 | 20,000 | 779,895 |
| CurrentLiabilities | (30,201) | - | - | (30,201) |
| Total | 714,709 | 170,238 | 20,000 | 904,947 |
| PriorYear | ||||
| Unrestricted | Designated | Restricted | 2022 | |
| £ | £ | £ | £ | |
| FixedAssets | — | 161,953 | - | 161,953 |
| CurrentAssets | 649,541 | - | 649,541 | |
| CurrentLiabilities | (18,808) | - | - | (18,808) |
| Total | 630,733 | 161,953 | 792,686 |