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2025-03-31-accounts

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

Charity Registration No. 1173537

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Bishop B Mathew Reverend S Kuriakose Resigned May 2024 Mr X Abraham Reverend A C James Reverend M Pinakkattu Re-appointed April 2024 Mrs A Jackson Charity number 1173537 Principal address St Alphonsa Cathedral St Ignatuis Presbytery St Ignatius Square Preston PR1 1TT Website www.eparchyofgreatbritain.org Auditor MHA Richard House 9 Winckley Square Preston PR1 3HP

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

CONTENTS

Page
Trustees' report 1 - 17
Statement of trustees' responsibilities 18
Independent auditor's report 19 - 21
Statement of financial activities 22
Balance sheet 23
Statement of cash flows 24
Notes to the financial statements 25 - 37

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report and audited financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The name of the Charitable Incorporated Organisation (CIO) is Catholic Syro-Malabar Eparchy of Great Britain. The CIO is widely known as Syro-Malabar Eparchy for its day-to-day activities. Its Charity Registration No. is 1173537.

Objectives and activities

The constitution of the CIO specifies that the money and property received by the Trustees for the general purposes of the Trust shall be held to apply, both the capital and the income of the Trust Fund, to its objectives. The basis for setting out this constitution is the advancement of the Catholic Faith, Christian moral and social principles (beliefs) for the benefit of the public in accordance with the statement of beliefs of the Syro-Malabar Catholic Church in particular, and that of the Universal Catholic Church in general.

The detailed objectives and scope of the CIO set out in its constitution can be summarised as follows:

The parishes, missions and proposed missions along with Catholic Organisations of the faithful are contributing significantly to the achievement of the objectives. A documented plan is in place to reach out to the faithful in an effective manner.

In all of the activities undertaken by the Syro-Malabar Eparchy, the trustees continue to be very grateful for the help provided by so many people, both Clergy and volunteers. The trustees also take the opportunity to thank the members of the many Religious Orders who assist in parishes, missions and proposed missions. Without the help of so many people, the Eparchy would not be able to carry out all the important work that it currently does.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Public Benefit

The guiding principle of the Charity aligns with the words of Jesus Christ: “You shall love your neighbour as yourself.”

Our parishes, missions, and proposed missions extend their outreach beyond the Syro-Malabar faithful, serving the wider community. Our priests provide chaplaincy services to hospitals, prisons, and schools, fostering spiritual care and guidance. The nuns actively contribute to spiritual enrichment, family empowerment initiatives, and holistic support programs.

Our volunteers, many of whom are healthcare professionals including nurses and doctors, dedicate their time and expertise to assisting individuals with disabilities, visiting the sick at home and in hospitals, and offering compassionate care to those in need. Additionally, special collections are organized to provide financial support to the disadvantaged and vulnerable at local, national, and international levels.

The Charity operates as part of the global Catholic Church, actively participating in the charitable initiatives of the Universal Church. The trustees affirm their adherence to the requirements outlined in Section 17 of the Charities Act 2011, ensuring full compliance with the public benefit guidance issued by the Charity Commission.

The CIO board of trustees under the leadership of the Bishop, co-ordinates and regulates all activities of the Charity in accordance with its objectives, with the support of the Eparchial curia. It supports the activities of the clergy and faithful in the parishes as well as providing financial support for various activities relating to pastoral care and help such as children and youth formation activities, religious education, formation of catechists, marriage guidance, family empowerment etc. It maintains the Bishop’s House and Office, Eparchial Finance Office, Eparchial Tribunal and the Minor Seminary.

Achievements and performance

First five-year plan

To achieve the objectives of the Charity in a time bound manner, the Trustees prepared the first five-year plan in November 2017 after consulting with the Custodians (the community leaders), Curia members, Pastoral Consultors, Clergy, Religious and lay faithful representing parishes, missions and proposed missions. This plan identified 5 key focus areas for each year commencing from the 1st Sunday of Advent 2017. The first five-year plan ended on 26 November 2022, being the last Sunday of the liturgical year.

  1. The first year was declared as Year of Children, during which priority was given to the moral and faith formation of the children.

  2. The second year was the Year of Youth, focusing on the reconnection and renewal of a new generation of young people in the life of the Church.

  3. The third year was The Year of Couples, where the focal point was on family support. Through different events and activities, the year of Couples empowered the couples to face the challenges and difficulties of family life.

  4. The fourth year focused on Families for renewal and strengthening through the forming Family Units (Kudumbakootayma). Seminars and workshops helped these units become active links between families and the parish, fostering faith, unity, and overall spiritual, social, cultural and personal growth.

  5. 2 -

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

  1. The fifth year strengthened parish life as the centre of Eucharistic and catechetical formation (CCC 2226). Trustees visited parishes and missions to support their growth, established more communities, and restored church activities. With the service of priests and nuns, regular Holy Qurbana, catechism, family unit meetings, and other apostolates were made possible across the Eparchy.

Second five-year plan

The trustees organised the second Eparchial gathering in May 2022 – “Holy to the Holy Ones”, to launch the second five-year pastoral plan. This gathering was intended to listen and discern the pastoral care for the next five years (2022-2027) focusing on the salient features of the Syro Malabar church - liturgy, spirituality, theology, discipline, and culture. The Pastoral Plan is implemented through five phases, with each phase having five goals and nine action plans.

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Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Priests' Formation and Training

(a) Immaculate Conception Seminary

Trustees have identified that the shortage of clergy in the Syro-Malabar rite is one of the ongoing major risks. The Immaculate Conception Seminary was inaugurated in November 2017. The Commission for Vocation Promotion of the Eparchy, organises a three-day Vocation discernment guidance programme "CALL", every year to promote the call to the priesthood.

(b) Clergy Retreats & Formation Programmes

A three-day ongoing priests formation programme was conducted from 21st September to 23rd September 2024 and the annual retreat for serving priests and religious was organised from February 24th to 26th 2025. Furthermore, a continuous training program for priests is conducted regularly to support their ongoing formation and ministry. Renowned theologians and preachers from both the UK and abroad led sessions covering topics pertinent to the spiritual growth and pastoral responsibilities of the clergy and religious within the Eparchy.

Evangelisation Initiatives and Activities

Evangelisation remains the central mission of the Eparchy, and to strengthen and coordinate these efforts, the Evangelisation Commission functions under the guiding vision of the Bishop's motto, "to do the work of an evangelist,". All the faithful are encouraged to recognise and live out their missionary calling, forming the foundation of the Commission's work

Throughout the year, the Commission organised and supported a wide range of spiritual and formative programmes to deepen faith and foster a joyful commitment to the Gospel. These include Bible conventions, prayer gatherings, spiritual counselling, and several residential retreats tailored for different groups, such as Mangalavartha Retreat for Young Couples, Evangelisation Leaders Training and Charism Retreat (July 7-8), Couples retreat (July 21-23), Youth retreat (August1-3), Teenage retreat (Feb 14-16), Thapas retreat (Oct 6-8) and Family Retreat (Nov 24-26). These retreats provided focused spiritual enrichment, strengthened connections with the Church community, and inspired participants to live out their faith actively.

Major evangelisation events were held during Lent, Advent, and significant feast days across all regions. The Grand Mission 2025 retreats, conducted from 28 February 2025 onwards, featured distinguished preachers from around the world and were open to all—believers, non-believers, and people of other faiths. These programmes were offered free of charge, ensuring inclusivity and accessibility, and exemplified the Eparchy’s ongoing commitment to spreading the Gospel and nurturing faith, hope, and love within and beyond the Syro-Malabar community.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Pastoral Council

The Eparchial Pastoral Council functions as a collaborative body, providing a platform for diverse perspectives and insights to guide the spiritual and practical direction of the Eparchy. The Pastoral Council includes representatives from all commissions, regional delegates, priests, religious, and laity, ensuring a well-rounded and inclusive approach to decision-making and pastoral care.

To empower the members of the Pastoral Council with adequate knowledge to serve the Eparchy and the Church effectively, the Trustees organised five ongoing formation classes and training sessions throughout the year. These sessions aimed to enhance the capacity of council members to contribute meaningfully to the mission and vision of the Eparchy.

Formation of the Laity

The lay faithful play a crucial role in achieving the charity's goals in the Church and community life. To support this, the trustees launched training programs to help people serve the Church and society more effectively. A key program was a three-day retreat held from 21st to 23rd February 2025 for Custodians, Headteachers, and pastoral council members. This retreat, along with online training sessions, provided spiritual and practical training to help lay leaders in their role.

Children’s Ministry and Catechesis

The Catholic Church recognises catechesis as a vital foundation for faith formation and for fostering a value-oriented lifestyle rooted in Gospel principles. Guided by this vision, the Trustees have consistently encouraged the establishment of structured catechetical programmes in every parish, mission, and proposed mission coordinated through the Catechesis Commission.

During the period, the Commission strengthened faith formation across the Eparchy through coordinated catechetical programmes, training, assessment, and pastoral support. Major initiatives included Eparchial and regional teachers’ trainings, centralised catechesis assessments, implementation of revitalised teaching strategies, Viswasolsavam activities, virtual catechesis programmes, and continued use of Google Classroom. The Catechetical Leadership Training (CLT) and Basic Catechesis Training (BCT) equipped catechists with theological, pastoral, and pedagogical skills, while accreditation and merit examinations promoted quality and consistency. Safeguarding and DBS compliance remained central priorities. Regular headteachers’ meetings, bi-annual reports, and regional mission visits ensured ongoing evaluation and effective support at the mission level.

The Commission’s scope includes developing a comprehensive curriculum, designing pedagogical activities, and organising resources such as textbooks, teaching aids, online tools, and webinars. It also identifies and trains resource personnel from the clergy, religious, and laity to serve effectively in catechetical initiatives.

A child-oriented approach has been implemented in classrooms to enable children to grow in faith and love while practicing their faith in daily life. Foundational catechetical training has been provided for all catechists, with advanced training completed by 250 catechists.

The Eparchial Catechesis Teachers’ Day was celebrated on 6[th] May 2024 - a spiritually enriching gathering that brought together catechists from across the Eparchy to celebrate and strengthen their commitment to faith formation.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Bible Apostolate

To promote love for the Word of God among children and adults, the Bible Apostolate organised several initiatives during the reporting period, including online quiz programmes such as the Suvara Bible Quiz, which were well received across the Eparchy. The Suvara Bible Quiz 2024 attracted around 1,200 registered participants, across four age categories. Conducted through five online rounds from April 2024, the programme concluded with an in-person final in June 2024, encouraging structured engagement with Sacred Scripture.

The Commission also successfully organised Bible Kalotsavams (Bible Art Festivals) at parish, regional, and eparchial levels, offering a platform to celebrate the Word of God through creative expression. Parish and mission-level events were followed by regional competitions, leading to the Eparchial Bible Kalotsavam held on 16 November 2024. The event saw enthusiastic participation from over 5,000 members across the Eparchy, with participants from 12 regions taking part in a wide range of Bible-based items across multiple age groups.

Overall, these initiatives fostered biblical awareness, creativity, and faith formation, strengthened Christian charity and community spirit, and provided a joyful expression of faith through artistic creativity in service of the Gospel.

Syro Malabar Youth Movement -SMYM and Youth Ministry

The Trustees established a dedicated platform for the youth beneficiaries of the Eparchy, which led to the formation of the Syro-Malabar Youth Movement (SMYM). The primary mission of SMYM is to empower the younger generation to embrace the teachings of Jesus Christ as the foundation of their life strategies, while preserving and passing on the treasured heritage of the Syro-Malabar Church and adapting to the demands of the contemporary world. All youth-focused initiatives within the Eparchy are coordinated under the SMYM umbrella.

SMYM places a strong emphasis on nurturing religious, moral, and social values among Syro-Malabar youth across the Eparchy, enabling them to contribute positively to wider society and become exemplary citizens of the future. Special focus is given to fostering a sense of responsibility for the upliftment of the vulnerable and marginalised in society. Locally, this ministry is organised as youth wings at the parish/ mission level, providing a platform for teenagers and young adults aged 16 and above to come together under the guidance of an appointed priest and trained animators. Each unit forms its own committee to coordinate activities such as skills enhancement programmes, catechetical support, and community engagement.

The youth wings have been highly active, organising one-day excursions, pilgrimages, regional gatherings and other activities with support from parents and parish elders. These initiatives encourage social values and community living grounded in Catholic teachings. Centralised training programmes have also been conducted to equip resource persons with the skills necessary to lead seminars and workshops. As a result, young participants, supported by their parents, have been sensitised to the challenges faced by the vulnerable and marginalised, fostering a strong commitment to extending a helping hand in line with Christian faith and values.

On 15th September 2024, the SMYM held Handhoosa – the annual Eparchial Youth Gathering, bringing together over 1,650 young people for the largest youth gathering in its history. The event showcased the SMYM music band SaMaYaM with over 50 young musicians, demonstrating a vibrant blend of faith, fellowship, and celebration. Faith-led seminars and workshops were also arranged on the day to empower the youth spiritually, culturally and socially, so that their faith journey would be enriched by reinforcing their commitment to the teachings of Christ.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Marriage Preparation Programmes

The Trustees emphasise the importance of fostering family values in today’s society as a key aspect of achieving the charity’s mission. To this end, the Eparchy has implemented a marriage preparation programme to guide young adults aspiring to married life. This initiative aims to provide participants with a thorough understanding of essential societal values, a strong basis for building a loving and enduring partnership founded on mutual respect, and a deep connection to their Catholic faith.

The programme also highlights the challenges prevalent in modern society, particularly socio-economic issues, to prepare participants for life in the broader community. Over the past year, seven marriage preparation programmes were organised. Since the programme began, approximately 37 courses have been held, benefiting over 1,450 young adults.

Pilgrimages

To cultivate a sense of community and deepen spiritual connections among the faithful, the Curia organised several pilgrimages to renowned shrines both within the UK and internationally. At the Eparchial level, the Trustees facilitated pilgrimages to Aylesford (25[th] May 2024), and Walsingham (16[th] July 2024), Pilgrimage to Fatima led by the Women's forum (17[th] to 24[th] March 2025). In addition to these Eparchial pilgrimages, many parishes and missions arranged visits to other holy sites, both in the UK, Europe and in the Holy Land . These pilgrimages facilitated the faithful to experience fellowship in worshiping and togetherness in sharing their God experience.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Women Empowerment

The charity is deeply committed to advancing women's empowerment and fostering their leadership, strength, and opportunities in all aspects of life. Recognising the principle that "a mother is the first teacher of every human being," the Trustees devised a comprehensive plan to strengthen the role of women in society, particularly within the Syro-Malabar community. To achieve this, Women’s Forum units were established at the parish and mission levels, entrusting women with key responsibilities in administration and other activities.

The Women’s Forum has been actively engaged in organising spiritual, educational, and community initiatives across the Eparchy, fostering faith formation, leadership, and unity among women. Key programmes during the reporting period included Hakeema 2024 , a three-day leadership programme (17– 19 May 2024) focused on parenting, professional advancement, and leadership skills. Parish/Mission, Regional, and Eparchial level competitions, such as the Year of Theology Quiz and the Syriac Hymn Competition, promoted learning, cultural engagement, and active participation. Other significant initiatives included World East Syriac Day – Hedma 2024 (15 November 2024), the Divine Motherhood of Mary Celebration (2 January 2025), and a 96-hour Akhanda Bible Reading (9–12 February 2025) in preparation for the Ninave Fast. The Forum also observed International Women’s Day (8 March 2025) and organised a spiritually enriching Pilgrimage to Fatima (17–20 March 2025).

The Forum's annual gathering, "Thaiboosa 2024," was celebrated on 21[st] September 2024, strengthening participants' talents and fostering unity and love for their heritage. The event encouraged them to integrate their daily lives with spirituality, while highlighting their essential role in the Eparchy's mission.

Sacred Liturgy

The Commission for Sacred Liturgy helps the faithful to lead a liturgical spirituality according to the guidelines given by the Eparchial Bishop. The first year of the Second Five Year Plan was dedicated to learning more about the East Syrian Liturgy. The Commission for Sacred Liturgy played a central role in raising awareness about the sacred liturgy of the Syro-Malabar Church. In addition to the educational initiatives, Altar servers' training programmes were held across all 12 regions to ensure the proper formation and active participation in liturgical services. The Commission also published a Liturgical Calendar, which helped the faithful to stay informed about the liturgical seasons, major feast days, and Scripture readings.

Cherupushpa Mission League

The Cherupushpa Mission League (CML) continued its missionary, spiritual, and formative activities throughout 2024–2025 with renewed commitment. The Lisieux Annual Planner 2024–2025 was released on 29 September 2024 in Liverpool. During Advent 2024, CML organised the Buon Natale Video Competition, and as part of the Christmas initiatives, approximately 6,000 copies of the Suvara Calendar were distributed across missions. Preparations for the Annual Gathering 2025 commenced in December 2024, followed by the appointment of Regional Directors (Priests-in-Charge) and Vice Directors for each mission in February 2025. The missionary journey was further enriched with the launch of Chayachithra Prayanam on 16[th] March 2025 in Southampton. Overall, the year was marked by steady growth, active participation, and strengthened missionary commitment within CML across the Eparchy.

Family Apostolate

The Family Apostolate Commission of the Eparchy seeks to nurture and strengthen families as the cornerstone of the Church and society. Its mission is to support families living their faith and tackling life's challenges within a supportive Catholic community. To offer spiritual guidance and emotional support, the Commission organises parish, mission level as well as eparchy level retreats and seminars and classes on parenting and retreats for expectant mothers. These initiatives provide resources to help families address challenges while remaining true to their Catholic faith and values.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Commission for Choir

The Commission for Choir meets monthly on the last Wednesday, with two representatives from each region. It actively supports major Eparchial events, including the Aylesford and Walsingham Pilgrimages, the Blessing of the Holy Oil ceremony, and the Women’s Forum Annual Gathering, by organising practice sessions as required. The Commission promotes liturgical singing in Syriac, Malayalam, English, Latin, and other languages. Separate choir groups for youth, children, and adults function in most missions and parishes, with regular practices enhancing participation and the quality of liturgical music across the Eparchy.

The Commission also organised the Eparchial-level Carol Singing Competition, Qandish 2024, on 8[th] December 2024, bringing together talented singers from across the parishes and missions and highlighting the rich musical and devotional heritage of the Syro-Malabar community in Great Britain.

Doctors Forum

The Doctors Forum, established within the Eparchy for medical professionals, who actively participate in various ministries of the Syro-Malabar community in the UK. The Forum organises seminars and educational programmes on topics such as ethical and social issues in healthcare, psychological challenges faced by migrant Catholics, and integrating Catholic faith into professional life. Members also engage in the Eparchy’s pastoral council and contribute to commissions including Bible Apostolate, Youth Apostolate, Women’s Forum, and Family Apostolate. The Forum holds an annual gathering and participates in initiatives such as Bible reading as part of the Year of Spirituality programme. Moving forward, the Doctors Forum continues to support the Catholic community by offering professional expertise and guidance in service of the Church.

Data Protection

Policies and procedures are current and aligned to UK GDPR and the Data Protection Act 2018, with scheduled review cycles; several SOPs would benefit from clearer process maps and version control consolidation. Mandatory data protection training coverage is high, with target refresher training provided to clergy, staff and volunteers. The ROPA is maintained centrally and reflects major processing activities; enhancements are planned to strengthen linkage to DPIAs, retention schedules, and system-level technical/ organisational controls. Breach management is effective with established triage and reporting pathways; root-cause analysis highlights recurring contributory factors (email misdirection, misfiling, and process gaps in data exchanges). The Data Protection Lead coordinates operational compliance across services, liaises with the Data Protection Officer (DPO), and ensures Information Asset Owners (IAOs who are priest in charges in parishes/missions/proposed missions) maintain accurate records and embed controls. Responsibilities include maintaining ROPA, coordinating DPIAs and assessments, supporting IAOs and IAAs (parish/mission/proposed mission local reps) with risk and assurance activities, managing breach triage and lessons learned, and preparing IG reports for governance committees. Policies are reviewed periodically or upon legislative/ICO guidance changes. Mandatory training is provided for all staff/ volunteers at induction and annually, with role-based modules for Clergy (IAOs), Staff/ Volunteers, Local Reps, and frontline services (various commissions) handling personal/ special category data. The CSMEGB has an approved incident management policy and reporting procedure so also approved individual rights policy and responding procedures. A Data Protection Impact Assessment (DPIA) is a structured process to identify and mitigate privacy risks when introducing new projects, initiatives, or changes to existing data processing. Forward plan for CSMEGB includes awareness on the new Data Use Access Act 2025 (DUAA 2025) which has a staged implementation plan. Once the ICO guidance is published, this will be taken up to speed within the Eparchy for Clergy, staff and volunteer training and awareness.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The safeguarding policy has been reviewed and remains up to date, with roles and responsibilities confirmed, including the Designated Safeguarding Lead and Trustee oversight. All staff and volunteers have completed required safeguarding training, including Level 3, with new starters receiving full induction and regular refresher sessions provided, including bimonthly training for volunteers. The Eparchy will seek additional specialist training when needed, supported by its training needs analysis reviewed quarterly. Clergy, staff, and volunteers are kept informed of mandatory and voluntary training through email, intranet, briefings, and newsletters, and an internal system issues a reminder when refresher training is due. All concerns raised were referred to statutory agencies and appropriate actions were taken, with case consultations made with the CSSA (Catholic Safeguarding Standard Agency). The risk register is reviewed regularly, and safer recruitment procedures, including references, discussions, and DBS checks, are firmly in place, with no outstanding safeguarding risks. Volunteers understand the CSSA Church’s policy that all abuse must be reported to statutory agencies. The safeguarding coordinator ensures LSR training, case monitoring, and strong communication with relevant agencies. Ongoing training for priests and volunteers covers safeguarding, professional boundaries, safe touch, cultural diversity, and related areas, while safeguarding messages are continuously promoted through the Eparchy’s website, social media, publications, and dedicated training sessions to foster a strong safeguarding culture.

Health and Safety

The Board of Trustees acknowledges that the Health and Safety (H&S) Policy was reviewed during the year and remains fully compliant with all relevant legislation and regulatory requirements. Risk assessments were reviewed and updated throughout the year to reflect changes in activities and premises, ensuring that potential hazards were identified, evaluated, and effectively controlled. The Health & Safety Commission continued its training and awareness programmes to ensure clergy, staff, and volunteers were equipped to maintain a safe environment across all churches and activities. No incidents or near-misses were reported during the year, demonstrating the ongoing commitment to safe practices and proactive risk management. Regular assessments, safety checks, and inspections were conducted to ensure environments remained safe, compliant, and well maintained, with risk assessments updated for events and other church activities. A new Health & Safety monitoring checklist was developed and implemented for staff and volunteers, providing a structured approach to routine checks and early identification of potential issues. Additionally, clearer guidance was issued on reporting incidents and near-misses, including proper completion of the Incident & Accident Form, to strengthen oversight and accountability.

Acquisition of Mar Yawsep Pastoral House

The charity achieved a significant milestone this year with the acquisition of the Mar Yawsep Pastoral House at Old Oscott Hill, Birmingham in August 2024 and its blessing by the Major Arch Bishop of the Syro Malabar Church, His Beatitude Mar Raphael Thattil on 16[th] September 2024. The Mar Yawsep Pastoral House now serves as the official residence of the Eparchial Bishop and the administrative headquarters for the charity. It provides essential infrastructure for pastoral activities, training programs, retreats, seminars, and marriage preparation courses. This acquisition strengthens the charity's capacity to serve the SyroMalabar community in Great Britain and advance its charitable objectives.

Pastoral Visit of the Major Archbishop

The Major Archbishop His Beatitude, Mar Raphael Thattil, undertook his pastoral visitation to the SyroMalabar Eparchy of Great Britain from 12-28 September 2024. The visit also included the inauguration of 17 new missions, five parish visits, a Bible Convention, and key engagements with the priests, youth, women, and faith-formation groups, thereby supporting the pastoral and missionary development of the Eparchy. His presence provided significant spiritual encouragement and fostered renewed unity, participation, and pastoral growth among the faithful across Great Britain.

Expansion of Parish/Mission Infrastructure

The charity further expanded its physical infrastructure with the acquisition of one parish church during the financial year. On September 8, 2024, Our Lady of the Nativity and St. Paul's was officially declared as a parish within the Eparchy. This enhances the charity's ability to provide religious services and pastoral care to the growing Syro-Malabar community across Great Britain. Furthermore, 18 new missions were also established this year.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Fundraising

Syro–Malabar Eparchy of Great Britain (the charity) is committed to safeguarding and promoting the welfare of the charity and its beneficiaries. The fundraising policy aims to promote a culture of honesty, openness and respect among the donors, beneficiaries and the general public. The Charity does not use external fundraisers, unless otherwise decided by the trustees, allowing for all the faithful to donate, secure in the knowledge that their contributions will be used to enable the parishes/ missions/ proposed missions to continue playing a major role in their communities, encompassing buildings, worship, prayer, catechesis and pastoral care.

The Syro-Malabar Eparchy conduct fundraising activities at parish/mission level, regional level and eparchial level. Any fundraising activity is adhered to the objectives set out in the constitution of the charity, the fundraising policy and the regulating legislations of Great Britain. The Eparchy and parishes undertook various initiatives to support people who suffer from poverty, illness, war and natural disasters. Furthermore, the costs incurred for the events, activities and daily operational needs of the Charity are met by the voluntary monthly contribution by the parishes/ missions/ proposed missions.

Consideration of Vulnerable Persons

All fundraisers must take all reasonable steps with respect and due diligence while seeking donations from persons in vulnerable circumstances. In addition to the above, the following principles have been established:

Complaints Procedure

All complaints and concerns in connection to the fundraising are dealt with the Complaints Handling Policy of the Syro-Malabar Eparchy.

Financial review

Total income for the period was £6,910,325 (2024: £4,650,042 as re-stated).

Expenditure for the period £4,079,449 (2024 £3,412,294).

The net movement in funds is £2,830,876 (2024 surplus £1,237,747 as re-stated).

As at 31 March 2025, the charity had total funds of £8,324,527 (2024 £5,493,651). Of these £1,300,000 were endowment funds and £571,019 were restricted.

Free reserves at the end of the period were £2,691,369.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Principal Risks and Uncertainties

The Trustees have a formal risk management process to assess risks and implement risk management strategies. This involves the identification of the types of risk faced by the charity, assessing the likelihood and potential impact of occurrence and identifying means of mitigation. Risks have been categorised under five broad headings: Governance, Operational, Financial, External and Compliance. These were then assessed as to the likelihood of their occurring and the severity of the effects of the risk leading to a potential overall impact calculation to ascertain a scale of relative importance/urgency to each one.

The implementation of legislation in the areas of Data Protection and Safeguarding is identified as a potential risk. To mitigate these risks, Trustees have included expert professional volunteers in the Data Protection Commission and Safeguarding Commission. Trustees have facilitated training programmes across the Eparchy to appoint representatives at the regional level and in parishes, missions and proposed missions. All the activities are monitored for legal compliance through these representatives and remedial measures have been taken accordingly.

The current highest overall adverse impact risks identified are;

Many of these were identified in the previous years’ report, but still continue, though significant progress has been made.

The Trustees have taken steps to mitigate these risks, by recruiting more priests from overseas, arranging more priests’ formation programmes and encouraging collaboration where it is in the best interest of the community the parish/mission serves. Trustees together with the property team and the fundraising team are exploring various avenues, including, grant funding, crowd funding, financing by external agencies etc, to meet the increased refurbishment and maintenance costs of existing buildings owned by the Charity. Also, Trustees have plans in place to upscale the scope of its internal audit procedures to further mitigate risks.

Plans for the Future

The Charity is striving to meet the objectives outlined above, in addition to ensuring that the charity continues to meet its statutory obligations. The effort is continuing on the formulation of a comprehensive Eparchial Pastoral Plan to ensure that resources are focused on the main themes that have been identified under the Five-Year plans. The target groups have been identified and plans and procedures have been drawn for the overall progress in the areas of Evangelisation, Formation, Worship and Sacramental Life, Women Empowerment, Charity and Social Outreach. These plans have been presented to Clergy and lay leaders to develop discussions with religious and lay faithful in Parishes, Missions and Proposed Missions, and to involve as many people as possible in the process of identifying and delivering the Charity’s objectives in future years.

In previous years, Trustees had identified the need for a centralised physical infrastructure - a pastoral centre, for the efficient administration of the CIO. This long-cherished dream was realised in August 2024. Trustees identified a suitable property in Birmingham and could complete the purchase through the generous donations of the faithful. The property needs extensive renovation to make it fit for the purpose. The trustees have initiated the process towards this.

Trustees have identified the need for own church building and facility for catechesis, at mission level and proposed mission level. Many of these units have started the initiatives towards this direction.

As part of the strategy to increase funding streams for the Charity, for capital and charitable purposes, further work is planned to increase the use of online giving and to continue to identify projects for government-initiated grant funding. The Trustees believe that the right approach is to balance the need to support the vulnerable against growth targets.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Reserves Policy

The free reserves held by the Charity are those funds that are freely available to be spent in pursuing the Charity’s purpose. Restricted Funds, Designated Funds, Permanent Endowment Funds and Tangible Fixed Assets are not included in free reserves.

Total funds as at 31 March 2025 were £8,324,527. Of this total £1,300,000 related to the endowment fund, £571,019 to restricted funds and £3,762,139 to fixed assets. The remaining free reserves were £2,691,369. The Trustees carefully monitor the level of free reserves of the Charity as part of their long-term financial planning which includes its primary objective of ongoing Evangelisation programmes for the spiritual, mental and social wellbeing of the faithful and the general public. The Trustees consider that the holding of reserves is necessary to provide a buffer against short term fluctuations in income and expenditure and to provide sufficient resources to implement long term projects which are by their nature uncertain in their financial effect. The Finance Office, on behalf of the Trustees, review cash position on a day to day basis to ensure liquid funds are available for routine expenditure.

Structure, governance and management

Organisational structure

Catholic Syro-Malabar Eparchy of Great Britain is a Charitable Incorporated Organisation (CIO) constituted by Declaration of a Foundation CIO dated 25 May 2017. The certificate issued by the Charity Commission dated 22 June 2017, the Catholic Syro-Malabar Eparchy is registered as a body corporate known as the Catholic Syro-Malabar Eparchy of Great Britain. All property and assets are vested in the name of the body corporate.

The primary ways of conveyance of the charity’s objectives are the parishes, missions and proposed missions within the Eparchy. The Eparchy works collaboratively with other Dioceses in England and Wales and other Eparchies of the Syro-Malabar church worldwide. The Eparchial Curia and Bishop’s office supports carrying out the objectives by co-ordination of Eparchy-wide programmes and ensures a consistent approach to the administration of the Eparchy to effectively support the parishes, missions and proposed missions, especially in property management and governance.

For the efficient management of the eparchy and its pastoral activities, initially, the Eparchy was geographically divided into 8 regions that covers whole of England, Wales and Scotland. As the number of new migrant faithful increased recently within the Eparchy, forming more regions could effectively meet the spiritual, pastoral, and administrative needs of its growing communities. On that account, these regions were regrouped into 12 regions, namely:

  1. Birmingham

  2. Bristol-Cardiff

  3. Cambridge

  4. Canterbury

  5. Leeds

  6. Leicester

  7. London

  8. Manchester

  9. Oxford

  10. Preston

  11. Scotland

  12. Southampton.

  13. 13 -

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Parishes, Missions and Proposed Missions

Each region comprises parishes, missions and proposed missions which are headed by Priests and supported by elected lay representatives. The basis for setting out this structure is the advancement of Catholic Faith and Christian beliefs for the benefit of the public by the statement of beliefs of the SyroMalabar Catholic Church in particular and that of the Universal Catholic Church in general.

Parishes are centres where the Eparchy owns a building and the celebration of Holy Qurbana (Holy Mass) and administering of sacraments are arranged on a regular basis. Missions and proposed missions are aimed towards this structured organisation, where missions are more structured with wider participation than proposed ones, but unlike parishes, both of them do not own a building. There are approximately 65,000 people who identify as Syro-Malabar faithful within the Eparchy. There are 6 parishes, 72 missions and 24 proposed missions spreading across 12 Regions. This structure facilitates local collaboration and provides a collegiate environment. There are 72 priests and 5 religious nuns are actively rendering their service to the eparchy. The priest fulfils the central role in the parish/ Mission by administering sacraments, leading worship and supporting the faithful and the community at large. 27 commissions/forums were established to facilitate various training, formation and empowerment programmes.

Trustees

The trustees who served during the year and up to the date of signature of the financial statements were:

Bishop B Mathew Reverend S Kuriakose: Resigned on 26th May 2024 Mr X Abraham Reverend A C James Reverend M Pinakkattu: Re Appointed on 6[th] April 2024 Mrs A Jackson: Appointed on 14 December 2023

The affairs of the charity are governed by the trustees of the CIO. The trustees who serves currently are listed under “ LEGAL AND ADMINISTRATIVE INFORMATION” above. Mrs A Jackson was appointed as a Trustee on 14th December 2023. Reverend M Pinakkattu was reappointed on 6th April 2024 after serving his initial term of 3 years. These were unanimously agreed by all trustees during the meetings held on, 8th December 2023 and 8th March 2024 respectively. Reverend S. Kuriakose resigned from his position as a trustee of the CIO on May 26th, as he returned to India to undertake his appointed ministry.

The trustees hold meetings regularly to conduct the operations of the charity, to review the matters arising from various Eparchial Commissions and to drive the core purpose and objectives of the Charity, as well as to agree on policy and compliance requirements. Other ad hoc meetings are held if required. The Trustees are committed to dealing with all statutory requirements including any concerns raised by the Charity Commission, local authorities, etc. New trustee was introduced to their role and responsibilities by the Eparchial Finance Officer, at which, relevant Charity Commission literature is issued together with copies of the constitution of the CIO and the latest financial information available. As and when required, trustees attend formal and informal training sessions.

The trustees regulate their functioning in accordance with the Charity Governance Code published by the

Charity Commission in July 2017 as updated.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Eparchial Commissions

There are a number of commissions established focusing on various areas. A few of these are, as outlined below:

  1. The Finance Council meets regularly to consider and make major decisions on financial matters. It deals with a multitude of financial and administrative aspects of the work of the Eparchy.

  2. The Bible Apostolate regularly meets to consider and make major decisions on matters relating to the promotion of Biblical studies.

  3. The Catechesis Commission usually meets twice a year to discuss and make major decisions on faith formation.

  4. The Evangelisation Commission usually meets once a month to consider and make major decisions on the evangelisation programmes of the Eparchy.

  5. The Women’s Forum meets twice in a month to discuss organising events and activities for the integral growth of women and families.

  6. Family Apostolate usually meets once a month to reflect on matters concerning family empowerment.

  7. The Vocation Promotion Commission promotes the youth by identifying and encouraging Vocations to priesthood and religious life.

  8. The Data Protection (information Governess) Commission oversees the handling of personal data based on the law of the land and the Data Protection policy of the Eparchy.

  9. The Safeguarding Commission is constituted as per the law of the land requires and under the guidance of CSAS.

  10. The Media Commission promotes the activities and teachings of the Church using all forms of media, including the diocesan website, and social & print media.

  11. The Property Commission works with the Eparchial Curia and individual parishes, missions and proposed missions, to deal with all property-related issues including acquiring new property for the use of communal worshipping etc.

  12. The Health & Safety Commissions comprise individuals with relevant expertise and a commitment to maintaining a safe environment and making efforts to integrate health and safety principles seamlessly into the Eparchy’s activities.

Apart from the above, the Trustees have established a few other commissions catering into certain niche categories in the eparchy, namely: Altar servers, Christian Unity, Faith & Justice, Church Choir, Doctors’ Forum, Family Units, IT Forum, Liturgy, Mission League, Migrants, Savio Friends, Spiritual Guidance, Youth Apostolate, Business Forum, Chartered Accountants Forum and Social Workers Forum.

These forums gather on a monthly or quarterly basis to discuss pastoral and administrative matters, community engagement, collaboration, and communication. They also address challenges or issues facing the Eparchy and find solutions collectively.

The pastoral oversight of the charity is conducted by the Bishop in regular consultation with the Bishop’s Council (Eparchial Curia). This body assists the Bishop in all decisions affecting the life of the Eparchy. The Bishop also undertakes parish/mission/proposed mission visitations and presides over Eparchial events such as the Annual Eparchy Day etc.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The Chief Vicar General (Protosyncellus) is responsible for matters relating to the clergy in the Eparchy. Appointments to parishes, missions, proposed missions and other diocesan offices are made by the Bishop in consultation with the Bishop’s Council.

The day-to-day legal and financial affairs of the charity are administered, (known within the Eparchy as the “Curial Office”) by the Eparchial Chancellor and Finance Officer respectively. They are assisted by paid staff and volunteers in the Finance, Property, Human Resources, Communications, Fundraising, Legal and Planning functions.

The Eparchial Finance Office is based at the Registered Office. The Eparchial Finance Office is functioning in concurrence with the Finance Council for the execution of the policies laid down by the Finance Council. The Finance Office coordinates the central finances and budgets of the Eparchy and supervises & collates accounting procedures of all parishes/missions/proposed missions and deals with all aspects of Gift Aided donations and salaries & allowances.

The Eparchial Tribunal deals with marriage annulment petitions and the office of the Chancellor deals with other Canonical matters.

There is also the Council of Priests called the College of Eparchial Consultors, which meets twice per year with the Bishop to discuss and give advice on a wide range of issues.

At the Parish, Mission and Proposed Mission level, the priest in charge is responsible for all aspects of running his unit. Each unit is required to have a committee that meets regularly to support and advise the priest, particularly in the areas of pastoral and financial matters. A comprehensive “Financial and Administration Guidelines” are issued by the Eparchy. These guidelines are updated regularly and are the basis for internal audits. Pastoral Letters, circulars and letters are issued by the Bishop regularly through which policies are communicated to priests covering both liturgical/pastoral and, when required, financial and administrative matters. Further support is also available from the regional directors and the Eparchial Curia.

Key management personnel and remuneration

The trustees consider that the Trustees of the CIO, the Proto-Syncellus, the Chancellor, the Finance Officer, together with the Finance Secretary are the key management personnel of the charity in charge of directing, controlling and running the charity on a day-to-day basis. None of them are employees of the CIO, except the Finance Secretary. The trustees, except Mr Xavier Abraham and Mrs A Jackson, are also functioning clergies of the Eparchy and are entrusted with pastoral services. They receive an allowance as providers of pastoral services. Their role as trustees is voluntary and do not receive any financial benefit of any kind to conduct their responsibilities as trustees of the CIO. Mr. Xavier Abraham and Mrs A Jackson are also rendering their services voluntarily as Trustees, and do not receive any financial benefit of any kind.

Details of trustees' & key management personnel's remuneration and related party transactions are disclosed in Notes 11 and 22 to the accounts.Trustees are required to disclose all relevant interests and register them with the Finance Officer, and in accordance with the CIO’s policy, need to withdraw from decisions where a conflict of interest arises.

Going Concern

The CIO’s activities, together with the factors likely to affect its future development principal risks and uncertainties facing the CIO and its availability of unencumbered cash reserves are set out within the Trustees’ Report. Its financial position in terms of the year’s results, its assets and liabilities and movement in cash are set out in the primary financial statements. The current cash flow through donations of the faithful and benefactors is a strong basis for its future progress. The Trustees believe that, there are no material uncertainties about the CIO’s ability to continue as a going concern and that it is well-placed to manage the potential risks. The Trustees therefore have a reasonable expectation that the CIO has adequate resources to continue its operations for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

.............................. dvSS Reverend A C James Trustee April 30, 2026 Dated: .........................

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy, at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the CIO constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

Opinion

We have audited the financial statements of Catholic Syro-Malabar Eparchy of Great Britain (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

MHA ......................... April 30, 2026 Chartered Accountants Statutory Auditor Richard House 9 Winckley Square Preston PR1 3HP

MHA is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006.

MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542).

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted Endowment
funds
funds
funds
2025
2025
2025
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
5,041,082
1,795,263
-
Charitable activities
4
-
37,331
-
Other trading activities
5
4,066
-
-
Investments
6
2,206
-
-
Other income
7
30,377
-
-
Total income and endowments
5,077,731
1,832,594
-
Expenditure on:
Charitable activities
8
3,851,909
211,248
-
Other
13
16,292
-
-
Total resources expended
3,868,201
211,248
-
Net income / (expenditure)
1,209,530
1,621,346
-
Transfers between funds
1,050,327
(1,050,327)
-
Net movement in funds
2,259,857
571,019
-
Fund balances at 1 April 2024
4,193,651
-
1,300,000
Fund balances at 31 March 2025
6,453,508
571,019
1,300,000
Total
Total
2025
2024
£
£
Re-stated
6,836,345
4,451,759
37,331
42,577
4,066
86,146
2,206
339
30,377
69,221
6,910,325
4,650,042
4,063,157
3,395,235
16,292
17,060
4,079,449
3,412,295
2,830,876
1,237,747
-
-
2,830,876
1,237,747
5,493,651
4,255,904
8,324,527
5,493,651
Total
Total
2025
2024
£
£
Re-stated
6,836,345
4,451,759
37,331
42,577
4,066
86,146
2,206
339
30,377
69,221
6,910,325
4,650,042
4,063,157
3,395,235
16,292
17,060
4,079,449
3,412,295
2,830,876
1,237,747
-
-
2,830,876
1,237,747
5,493,651
4,255,904
8,324,527
5,493,651
4,650,042
3,395,235
17,060
3,412,295
1,237,747
-
1,237,747
4,255,904
5,493,651

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Re-stated
Fixed assets
Tangible assets 14 3,762,139 2,867,342
Current assets
Debtors 15 1,625,341 1,024,161
Cash at bank and in hand 3,276,812 2,011,978
4,902,153 3,036,139
Creditors: amounts falling due within
one year 17 (149,593) (209,598)
Net current assets 4,752,560 2,826,541
Total assets less current liabilities 8,514,699 5,693,883
Creditors: amounts falling due after
more than one year 18 (190,172) (200,232)
Net assets 8,324,527 5,493,651
Funds of the Charity
Endowment fund 1,300,000 1,300,000
Income funds
Restricted funds 19 571,019 -
Unrestricted funds 6,453,508 4,193,651
8,324,527 5,493,651

April 30, 2026

The financial statements were approved by the Trustees on .........................

.............................. Dy. IAS Reverend A C James Trustee

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

2025
Notes
£
£
Cash flows from operating activities
Cash generated from operations
23
2,253,159
Investing activities
Purchase of tangible fixed assets
(1,147,590)
Proceeds on disposal of tangible fixed
assets
223,482
Investment income received
2,206
Net cash used in investing activities
(921,902)
Financing activities
Proceeds from borrowings
-
Repayment of borrowings
(43,062)
Repayment of bank loans
(23,361)
Net cash (used in)/generated from
financing activities
(66,423)
Net increase in cash and cash equivalents
1,264,834
Cash and cash equivalents at beginning of year
2,011,978
Cash and cash equivalents at end of year
3,276,812
2024
£
£
788,524
(299,623)
-
339
(299,284)
6,500
(343)
(2,919)
3,238
492,478
1,519,500
2,011,978

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Catholic Syro-Malabar Eparchy of Great Britain is a Charitable Incorporated Organisation registered in England and Wales. The registered office is St Alphonsa Cathedral, St Ignatius Presbytery, St Ignatius Square, Preston, PR1 1TT.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective October 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

The financial statements have been prepared on a going concern basis and the trustees believe that no material uncertainties exist. The Trustees consider that the charity has sufficient reserves to meet liabilities as they fall due for at a period of at least twelve months from the date of signing the accounts and the accounts should therefore continue to be prepared on a going concern basis.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

Grants are recognised when the charity is entitled to the income.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Resources expended

Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on charitable activities comprise the costs incurred by the charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 0 - 2% p.a. straight line Property improvements 2% p.a. straight line Fixtures and fittings 20% p.a. straight lline Motor vehicles 20% p.a straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

(Continued)

Key sources of estimation uncertainty

Valuation of land and buildings

The valuation of land and buildings is based on the estimated market value at the time of transfer. It is not considered appropriate to depreciate the land and buildings donated to the Charity given the age and use of the buildings. Property improvements are depreciated based on a estimate of their useful economic life.

Gift Aid receivable

An estimate is included in the accounts of the amount of gift aid receivable that has not yet been claimed. The level of gift aid receivable as at the end of the year is based on the percentage of donations in prior years which have been eligible for gift aid.

3 Donations and legacies

Unrestricted Restricted Total Total
funds funds
2025 2025 2025 2024
£ £ £ £
Re-stated
Donations and gifts 5,041,082 1,795,263
6,836,345
4,451,759
For the year ended 31 March 2024 4,451,759 - 4,451,759
Charitable activities
Grant Grant income
income
2025 2024
£ £
Grant income 37,331 42,577
Other grant 37,331 42,577
37,331 42,577

4 Charitable activities

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

5 Other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Membership subscriptions 4,066 977
Fundraising events - 85,169
Other trading activities 4,066 86,146

6 Investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 2,206 339

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

7 Other income

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Rental income 30,377 69,221

8 Charitable activities

Staff costs
Depreciation and gain on disposal
Bible convention and seminary
Special events
Other charitable expenses
Motor and travel costs
Premises costs
General administrative costs
Clergy allowance
Clergy expenditure
Rent and rates
Pious expenditure
Liturgy/ Catechism costs
Professional services
Share of governance costs (see note 9)
Analysis by fund
Unrestricted funds
Restricted funds
For the year ended 31 March 2024
Unrestricted funds
Restricted funds
2025
£
47,142
33,338
44,034
1,550,486
46,149
34,311
421,521
205,327
478,887
320,276
567,627
27,242
244,272
34,505
4,055,117
8,040
4,063,157
3,851,909
211,248
4,063,157
3,358,515
36,720
3,395,235
2024
£
36,687
42,138
40,466
1,269,443
77,842
32,636
230,708
181,011
421,509
269,404
532,699
66,109
176,356
11,340
3,388,348
6,887
3,395,235
3,358,515
36,720
3,395,235

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

9
Support costs
Support
costs
Governance
costs
£
£
Audit fees
-
6,290
Accountancy
-
1,750
-
8,040
Analysed between
Charitable activities
-
8,040
10
Auditor's remuneration
2025
Support
costs
Governance
costs
£
£
£
6,290
-
5,287
1,750
-
1,600
8,040
-
6,887
8,040
-
6,887
2024
£
5,287
1,600
6,887
6,887
The analysis of auditor's remuneration is as follows:
Fees payable to the charity's auditor and associates:
Audit of the charity's annual accounts
Non-audit services
All other non-audit services
2025
£
6,290
1,750
2024
£
5,287
2,520

11 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year other than for their work as clergy within the charity. Three trustees were reimbursed for travel expenses during the year totalling £749.25.

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

12 Employees

Number of employees

The average monthly number of employees during the year was:

2025 2024
Number Number
2 2
Employment costs 2025 2024
£ £
Wages and salaries 35,007 33,096
Social security costs 9,776 2,862
Other pension costs 2,359 729
47,142 36,687

There were no employees whose annual remuneration was £60,000 or more.

13 Other

Unrestricted
funds
2025
Loan interest
16,292
16,292
Total
2024
£
17,060
17,060

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14
Tangible fixed assets
Freehold land
and buildings
Property
improvements
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost
At 1 April 2024
1,808,490
1,087,683
121,066
4,750
Additions
1,050,327
10,000
45,873
41,390
Disposals
(208,490)
-
-
(4,750)
At 31 March 2025
2,650,327
1,097,683
166,939
41,390
Depreciation and impairment
At 1 April 2024
-
107,080
46,854
713
Depreciation charged in the year
15,755
(5,775)
25,704
5,532
Eliminated in respect of disposals
-
-
-
(1,663)
At 31 March 2025
15,755
101,305
72,558
4,582
Carrying amount
At 31 March 2025
2,634,572
996,378
94,381
36,808
At 31 March 2024
1,808,490
980,603
74,212
4,037
15
Debtors
2025
Amounts falling due within one year:
£
Other debtors
86,382
Prepayments and accrued income
1,538,959
1,625,341
16
Loans and overdrafts
2025
£
Bank loans
176,629
Other loans
83,136
259,765
Payable within one year
69,593
Payable after one year
190,172
Total
£
3,021,989
1,147,590
(213,240)
3,956,339
154,647
41,216
(1,663)
194,200
3,762,139
2,867,342
2024
£
Re-stated
27,104
997,057
1,024,161
2024
£
199,990
126,199
326,189
125,957
200,232

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17
Creditors: amounts falling due within one year
Notes
Bank loans
16
Other borrowings
Other creditors
Accruals and deferred income
18
Creditors: amounts falling due after more than one
year
Notes
Bank loans
16
Other borrowings
2025
£
5,457
64,136
47,324
32,676
149,593
2025
£
171,172
19,000
190,172
2024
£
5,457
120,500
13,905
69,736
209,598
2024
£
194,533
5,699
200,232

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Contribution for pastoral centre
Special donations
Church purchase
VAT recovery on restricted project costs
Jesuit grant re seminary
Movement in funds
Incoming
resources
Resources
expended
Transfers
£
£
£
-
-
-
4,500
(4,500)
-
-
-
-
5,857
-
(5,857)
32,200
(32,200)
-
42,557
(36,700)
(5,857)
Balance at
1 April 2024
£
-
-
-
-
-
-
Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
31 March 2025
£
£
£
£
1,149,898
-
(1,050,327)
99,571
173,917
(173,917)
-
-
471,448
-
-
471,448
6,111
(6,111)
-
-
31,220
(31,220)
-
-
1,832,594
(211,248) (1,050,327)
571,019
Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
31 March 2025
£
£
£
£
1,149,898
-
(1,050,327)
99,571
173,917
(173,917)
-
-
471,448
-
-
471,448
6,111
(6,111)
-
-
31,220
(31,220)
-
-
1,832,594
(211,248) (1,050,327)
571,019
571,019

20 Analysis of net assets between funds

Unrestricted
funds
Restricted
funds
Endowment
funds
2025
2025
2025
£
£
£
Fund balances at 31 March 2025 are represented
by:
Tangible assets
2,462,139
-
1,300,000
Current assets/(liabilities)
4,181,541
571,019
-
Long term liabilities
(190,172)
-
-
6,453,508
571,019
1,300,000
Total Unrestricted
funds
2025
2024
£
£
3,762,139
1,567,342
4,752,560
2,826,541
(190,172)
(200,232)
8,324,527
4,193,651
Restricted
funds
Endowment
funds
2024
2024
£
£
-
1,300,000
-
-
-
-
-
1,300,000
Total
2024
£
2,867,342
2,826,541
(200,232)
5,493,651

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
2025
£
39,460
81,250
120,710
2024
£
65,070
100,240
165,310

22 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

All Trustees, other than Mr X Abraham and Mrs A Jackson are practising clergies of the Diocese and receive an allowance for their pastoral services. The Trustees do not receive remuneration for their work as Trustees.

23
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in debtors
(Decrease) in creditors
Cash generated from operations
24
Analysis of changes in net funds
At
Cash at bank and in hand
Loans falling due within one year
Loans falling due after more than one year
1 April 2024
£
2,011,978
(125,957)
(200,232)
1,685,789
2025
2024
£
£
2,830,876
1,237,747
(2,206)
(339)
(11,905)
-
41,215
42,138
(601,180)
(488,567)
(3,641)
(2,455)
2,253,159
788,524
Cash flowsAt 31 March 2025
£
£
1,264,834
3,276,812
56,364
(69,593)
10,060
(190,172)
1,331,258
3,017,047
2024
£
1,237,747
(339)
-
42,138
(488,567)
(2,455)
788,524
3,017,047

Docusign Envelope ID: 69810DF5-0558-8211-803D-CC568B2FE26E

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

25 Prior period adjustment

Changes to the balance sheet

Changes to the balance sheet
At 31 March 2024
As Adjustment As restated
previously
reported
£ £ £
Current assets
Debtors due within one year 225,849 798,312 1,024,161
Capital funds
Endowment funds 1,300,000 - 1,300,000
Income funds
Unrestricted funds 3,395,339 798,312 4,193,651
Total funds 4,695,339 798,312 5,493,651

The prior year results have been re-stated due to additional gift aid claims made in the current year relating to earlier periods.

Changes to the profit and loss account

Changes to the profit and loss account
Period ended 31 March 2024
As Adjustment As restated
previously
reported
£ £ £
Donations and legacies 3,981,396 470,363 4,451,759
Net movement in funds 767,384 470,363 1,237,747