Reglstered number.. 11201248
Charity number: IA80228
MESSENGER OF SAINT AfffiioNY UK
IA Company LKrriited by Guarantee) '.
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 DECEMBER 2024

-' MESSENGER OF SAINT ANTHof4y UK Its..
(A CompADy Limited by Guarantee)."
CONI'kN'13
Pag¢
Referenee find AdrninistrAtive DeiAils of the CompAny? its Tru51ees and Advisers
Trus¢tt8' Report
Independont Examlner's Report
Statement of Finxncial Aeliviti
BAIAnee Sheet
Iyotes ¢0 ¢he Fin8D¢iAI Stst¢ment$
9-15

MESSENGER OF SAINT AF￿HoNy UK
(A Cornpiny Limited by Guarantee) :'.:-
REFEREIYCE AND ADMINISTRATIVE DETAIIA OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR TI.IE YEAR NDED 31 DEI CEMBCR 2024
Trustees
-mario Lonte
Kevill Roy Grant (resi￿ed 10 May 2024)
Giorgia Sartori
GianGaTlo Zarncngo
G¢rdrd Thomas Mary Hanl¢y
Liam Patrick Kcdmond
Kat¢ EliYAbeth Caslellani
Francesca Favero Falcoiii {appointed 10 May 2024)
Dr Pragash James Kamalatl)evan lappoint¢d 10 May 2024)
Company regISte￿d
iiumber
11201248
Chgrfty reg?stered number 1180228
Registered office
c/0 Slig Law LLP
Teinple Chamber5
3-7 Temple Avenue
London
EC4Y ODA
Actountints
Soteriou Banerji
Chartered Accountants
253 Gra￿8 Tnn Road
London
WCIX 8QT
Solititors
Slig Law I,l.P
I cniple Chambert
3-7 Temple Avenue
London
BC4Y ODA
Independent KxamiNer
M6rcer & Hole LLP
21 ljoinbard Street
London
ECJV 9AH
Page I

MESSEf4GER OF SAIwf ANTHONY UK
(A Com'p"Mhy Limited by GuarAnteel ',,: .
TRUSTEI ES, KEPORT
VOR THE YEAR ENDED 31 DF,CEMBCR 2024
The Trustces present their annual report togoth¢r witi) the financial stAteinBiit5 of the Mes8en8er of Saint Anthony UK (the
"colllpan￿' or "MOSA IJK") for th¢ ycar ended 31 D￿mber 2024. 'fhe Trustee5 confimi ¢hat th¢ Annual Report and
fiiiaiicial st*einenls of the Coinpany Gomply with the current Blatlltory requirements, the Tequirements of the Company's
gioverning documenL tlie Coinpanie5 Act 2006 and the prgvisions of the Stateinent of Rec()illmBnde41 Practice (SORPI.
applicable to cliarities preparing their accounts in a¥¢orddD¢e with tli¢ Finartcial Reportin&F Standard applicable in th¢ UK
and Republic of Irclaiid (FRS 102) (¢ff¢¢tive l January 2019).
ObJeetlve8 ind Actlvltles
. Poikcles #nd objettives
The Company 15 establishcd a5 a charitable coinpany to promotc and advance the Christian f8ith in Sympathy with the etliics
and teèching8 of saint Andiony of PRdua and tt) further such otli¢rpurposes ivliich Imay be charitable ac¢ordin8 to the law of
England &nd WaJe8 85 ti)¢ trustees s¢e fit fron) tim¢ to time.
b. A¢tlyitl¢s undert#ken to #ehitve objeetives
The Company achicvES its objcctive5 by distributing educational material, %pecifically a M￿azIne. and makin8 grants to
charitablc projcct5 particularly in England and Wales but Also in the rest tsf the world witii the aim of rclieyiiig tM)verty and
advancing health, education and ¢ommunity development.
Achieveme￿ts and perform8nee
FinAiici#I review
. Goillg coneern
AftBr makiiw appropTiate ￿1quIries. the trustees have a reasonable expectation tl)at the Company has adequatt resourc¢s to
continue in operational existence for the fOrc5￿able fi]ts]re. Thus the trnstees continue to adopt the going concern basis of
counting ill preparing thc financial stateinents.
Page 2

MESSENGER OF SAINT ANTHONY UK
(A Cornpany Lirnited by Gulrdntee).
TRIISTEES, REPORT (c￿￿￿¥[￿u[l D)
FOR TIIE YEAR ENDED 31 DECEMBER 2024
b. Income expenditure
The Coinpaiiy received iiicojne froin donation5 aiid legacics wliicli. iiicluding Gift Aid. &mounted to £9r)4,487 (2023..
£465,704). Durijig the year the Coinpany spent £350,603 12023.. £275,753) on cliaritable activities and £119,377 (2023..
£117.3861 on governance costs giving a total expenditure of £469,980 (2023.. £193,139). The nct income of the Company
was £434,507 (2023.. £72,565). Tl)¢ Trust¢¢s ivill consid¢r how best to apply these funds for chfjritable purposes.
In 2024 ¢h8ritable grants made was £287,000 (2023.. £190,000}. The ¢xpenditur¢ romprised..
£50,000 Devotional grant ts) the Provinci8 Itoliana di S. Antonio di Padova dei Fr&i Minori Conventuali I"PLSap I,'MC")
Accoglien7a Ptllegrini for the St. Anthotjy Basili¢* Pilgrim reception pmgram.
30,000 Devolional grants to fi]iid tlie St. Anthony's lifc cxliibition. Tliese 8fdnts 8re made vi*Messaggero di SAttV Antonio
Editri¢e ('Messaggero'J.
£40,000 Housit)g and Welfare Rights grallis to the CardiJ]al Hume Centre linmEgralion Advice SeThice, in relation to
prrv¢ntinB #nd ta¢klin¥ ljomelessness and advocacy wol* for refugees and asylurn seekers.
£167,000 r.ducation, healthcare, food. water, agricultUTe and micrTrcredil grants to beneficiaries in India, Ta[￿Mi&,
Camcroon, Malawi, Uganda. Togo, M07Ambique, Zwnbia, Rwanda and Kenya. Th¢ grants are made via Caritas
Sant'Antonio ONLUS C'Carita%").
. FingnciAI positio
At 31 December 2024 the Company had cash at bank of £1,018,816 (2023-. £619,144) and debtors of £26,036 12023..
£23,788) giving a ￿tal of gross absets of £1,044.852 (2023- £642,932}. Against this the Company had liabilities of£34,438
12023- £67,025). Net assets at 31 December 2024 was £1,010,414 (2023.. £575,9071.
Lt is th¢ policy of the Company that unre5triGted fvnds which have ntkt be¢ii desigt)at¢d for a sp¢¢ifi¢ us¢ should bc
maintained at a level ht least cquivalcnt to six month's expenditure. The trustees ￿lls1der that reserves at this lev¢1 will
ensure thal in the event of a significallt drop in funding. they will be able io continue the cliarity's ¢urrent a¢tiviti¢$ while
considerHtion is giv¢n 10 ways in whi¢h th¢ additional funds inay be raised. Thi5 level of reseives has b¢en maintained
tlirougiiout the yelir. Grants to be made oui ofcurrent rvserv¢3 will be considered by the tn]stees at their board meeting to be
held in April 2025. In arriving at the level of grants dur regard will be paid to the Compathy's reserves p)licy.
Slructur4 govern&Dce And mAnAgement
Constitution
The Company is regi$tered as a cl)aritable company limited by 8u&fdThtee and was incorporated on 12 February 2018. On
O¢tob¢i' 2018 it Wos registered as a charity witli th¢ Charity Commission, r¢gistered charity number 1180228.
b. Methods of appointment or election of Trustees
Th¢ managemtht of th¢ ￿MpanY is the re5pon5ibility of the Truste¢5 who are ¢l¢¢tEd and w.opt¢d under tlJr Coinpany's
Articles of AssociatLOll.
Pa&Fe 3

MESSENGER OF SAINT AFifHONY UK
' (A Comp4Dy Limlted by Gu4raMtee)
TRUST£ES' REPORT Icof4TINUED)
FOR THL YEAR ENDED 31 DECEMBER 2024
Structurey governanto and tnaNagement (Continued)
e. OrggntsAtlon#l strueture And deci$ion-maklng policies
The CoiMpaThy'5 sole nieinber is Provincia itsliana di S. Antonio di Padova d¢1 Frati Minori Conventhali, {"Pi8ap FMC'J &n
ecGl£siastical organisation registered in lialy and whose ultimate ¢ontrolling party 15 tiic Holy See.
Divisions of Pisap FMC includc Caritas Sant'Antonio ON.LUS I'caritas") an ]￿lian iE8lStered charity whose aitns are the
i'elief of paverty ii) developing countries and M¢ssaggcro di Sdnt'Antonio Editrice {"Messaggero"}, an its11￿} register¢d
C￿l¢S10st1¢al publishing house licenccd to carry on ¢omm¢r¢i&l aciivities.
Pi5ap FMC, Caritss and M¢ssaggero shAre the same premises iij P&dov￿ Italy. Messuggero provid¢8 administrative and
publishin8 servLces to tlie col￿pally.
The Company 18 managed by its Trustees who arc responsible for all strate8ic decisioi)s and overyeE its operations. Day to
day operations 8re serviced hy M¢ssaggero. The trllstee5 are committ¢d to complying with bc5t practice and during the year
revtsed and d¢v¢loped their gtsv¢rnancc policies. Tliese policies ensure Compliance with current legal and regulatory
I￿ne￿orkS in EnBland and Wales wliile projnoting th¢ Company's Lor¢ inission. Reccnt legislative changes, including the
Charili¢s Art 2022 and the Government's 2024 Budget, have neces51tated the r¢fomiul*ion of th¢sE w>licies to 31sgn with
rnodern Standards and ￿1rrent bL4t pra¢ti¢e. The policies comprise.
Ethi¢41 Fundralslng Policy: En8urcs transparency, aco)untability. and a]ignment with MOSA UK'5 C.hri5tian values in
fundraising ¢trortS'.
InterNRI FinADcial Controls Poll¢y.' Es¢Abli5hes robust fjnancial saf¢gU￿.d5. includin¥ reportin& fraud prevention, and
separation of dutics.
R￿erVeS Poliey.. Ikfin¢s the purpose, managerllcnt, and monitoring of reserves for finaiicial Stability and sUStain4bility.
liive5tmeDt Poll￿.. Align5 ¢ihical investment strategies with MOSA UK'S mission, focusin8 on transparency ￿)d risk
management.
Sufeguarditig Policy.. Protects ¢hildr¢ffj vulnerable adults, and all individuals involved wid) MOSA UK against abus¢ and
Connict of Interest Policy- Ensures trustees, staff, and vuluiiteers act iii th¢ best interests of th¢ Charity, avoiding conflicts.
Volunteer Polley: Providcs guidance on thc r¢cruitsnent, suppor4 aiid recognition of volunt¢¢r5, fostering inclusivity.
Dati PrDtectioTr Poli￿.. Bnsures complia]]ee with Generdl Dats Protection Regulation (GDPR), saf¢guarding personal data
and privacy.
Equ41i¢yy Diversity, and Inclusion PDli¢y'. Promotes equal opw)rtunities and inclusivity while prev¢nting discrimuiation,
FundrAisillg Compli*ncc Polley: Aligns fundraising activitics with UK Isws and thc Fundraisiiig Regulator's Code of
Pra¢ti¢e.
FdnvironmentAI Policy.. Itlcorporates environmentally resrK)nsible practɢes in MOSA UK's operations to mittimize
ccological impact.
Funds held Is custodian
No funds are currently held by the Coit)pany.
Page 4

MESSENGER OF SAIPU ANTHONY UK
(A Company Limited by Cuarantee)
I'RUSTEES, REPORT {COFINNUED)
FOR I'HE YEAR J£NDED 31 DECEMIIER 2024
Truste
The trllste¢8, who are also directors forthe purpose of company law, and who served during the year weiE:
Mario Conte
Kevin Roy Grant {rcsi8ned 10 May 2024)
Giorgia Sartori
Giancarlo Z8mengo
Gernrd ThomH5 Mary Hanley
Liam Patrick Rcdmond
Kate ElL￿beth Cast¢llani
Franccsca Ilavem Falwni (appointed 10 May 2024)
Dr Prdgash James Kamalatlievan (appointed 10 May 2024)
Ststement of Trustees, rtsponsibilitle8
Tli¢ I'rustee5 (who are also i.lie dire¢lors of the CoMpa￿Y for th¢ pil￿oSe$ of Goxllpany law) are resrrt)nsible for preparing the
Trustccs, Report and the fittanGial 5taternents in accordance witli applicable liw and Uiiit¢d Kingdom Accounting St8nthirds
(Unitcd Kingdom Gcnerally Acccpted Accounting Pra￿1¢¢).
Company law reqiiires the Trustees to prepare financial ststements for each financid year. Ut)der company l&w, th¢ TrusttES
Inust llot approve the fiji￿1¢181 stat¢m¢nts unless they are satisfjed that tliey give a true aiid fair view of the of affairs of
the Q)inpany and of its incoming resourGcs aiid application of r¢soure¢s. including its inwin¢ and expenditure, for that
period. In pr¢paring tiiue financial statements, the TnJst¢¢5 aTe rEquir¢d to-.
s¢led suitable awunting policies and then appty them consistently,.
ob8erv¢ the methods and principles of the Clwitie% SORP (FRS 102);
make and accounting e5timate5 thal are tra50nabl¢ aiid prudent-
sta(e whether dpplirable UK Accountlllg Stsndards IFRS 102) liave b¢en followed, subject to any material
departllres disclosed and explaiJ]ed in the fJngn¢ial st￿¢>nents.
prepare the financial stklltmcnts on thc going ¢oncein basis unless it is inappropria1¢ to presume thHt the Company
will COTLtinue in busin&%s.
The Trustees are responsible for keeping adeqii&te accounting records that sufficient to show and explain the Company's
tran5acthons and disclose with rrasonablc dccuracy at any tim¢ the financial position of the Company and Enable thcin to
cnsure that th¢ finan¢ial statctnBnts comply with the Compthir5 Act 2006. 'lThey are also r¢sp)nsibl¢ for safeguarding the
assets of the Company and hciice for taking reasonable stcps for the preveiition and detcction of fraud and other
irregulatyties.
Approvcd by order of the memb¢rs of th¢ board of Trustees on I l April 2025 and signed on tb¢ir b¢haif by..
Gi4nearlo ￿Meng0
(Trusteel
Page 5

>. MESSENGER OF SAINT'AIYTHONY UK
* (A CompADy.Limit¢d by Guarnntee) *Wt-.'
INDEPENDENT EXAMINER'S REPORT
FOR'fHE YEAR ENDbD 31 DECbMHER 2024
Indtpendent ExAminer's R¢port to th¢ Trustees of Messenger of Sgint Anthony UK Cthe CompAny')
I report to the Trusiees on my e￿nI￿atIon of the accounts of the CompAlly for the year ¢nd¢d 31 December 2024.
Ke5ponsibiliti¢s Basis of Report
As the Trusi¢cs of the Company land ILS directors for the puryose5 of company law) you are r¢8pon5ibl¢ for the preparatioii
of the aLcounts in accordance with the requirements of the Companics Act 2006 (Ih¢ 2006 Act,).
Having satisfjed myself tl)at th¢ d¢¢ounts ol. the ioillpany are not required to be ￿￿lled under Part 16 of the 2006 Act and
are eligible foi. indep¢nd¥t)t exaiT]itLation based on incoine of mor¢ than £25,000 but les5 tliall £l.000,000 and gross a55cts of
l&q% than £3,260,000.. J report in rcspect of my cxaminatiott of th¢ Gompany'5 accounts carried out und¢r section 145 of the
Chariti¢s Act 2011 (the 2011 Ace). In canying out my examination L have followcd the Dir¢¢tioiis given by the Charity
Commis510ll under section 145(5Xb} of the 2011 Act.
IDdependent Examiner's St*temertt
Sinc¢ the Company's gros5 income excecdcd £250,000 your examiner rnust be a member of a body listed iii s¢Llion 145 of
the 2011 Act. l eonfjrtn that I am qualificd to undertake the examiThation be￿￿$¢ l am a m¢Lnb¢T of ICAEW, which is on¢ of
rhe listed bodies.
I have completed my examination. I ¢onfimi that no matter5 have eome to my attention in cotthectioll with the examination
giving m¢ cause to belicve..
accounting records w¢ir not kept in respect ofthc Company as requir¢d by section 386 of the 2006 A¢t,' or
the acwunts do not accord with those records,. or
the aw)unts do not wn)ply with the accounting requirements of section 396 of the 2006 Act other than any
requirement tl)at the accounts give a'true and faiP vi¢w which is noi & matter collsidcred a5 part of an ind¢pertdcnt
examination,. or
the accounts have not been prepared in accordance with tlie iiiethods and principles of the Statement of
Recommended Practice for accounting atsd Kpxting by cliaritie5.
I havc no concems and have wme acro55 no other mattcrs in CDnne¢tion with the ¢xaminatiort to whi¢h atiention should be
drawn in this rwrt in order to enable A proper understanding of the acetsiints to be reached.
Thi5 report is made solely to the Ci)mpony's Trustees, 8s a body, in UCcUrd￿ICc with Part 4 of the Charities {Accounts and
Reports) Rcgulations 2008. My work has been undertak¢n so that I migwht state to th¢ Company'b Tru5tee5 thosc inatters l am
rcquired to state to theiii in Jndependctjt Examiner's R¢pDrt and for Jjo other purwse. To the fullest extent p¢rmilt¢d by
law, I do n()t a¢￿p( or assume resp)n3ibility to anyone otlicr tlian the Company and thE Company's'frustees as a body, for
Iny work or for this report.
Sign￿=
DAted.. 11 April 2025
Andrew Dean LLB ACA (Senior Statutory Auditor)
Mcrcer & Hol¢ LLP
21 Lombard Strect, London, EC3V 9AII
Page 6

MESSENGER OF SAiT￿ ATrifHONY UK (,:
(A Company Limlted by Guar*nt¢¢)
rATEMENT ort FINANCIAI. AcfiviTIES (INCORPORATING INCOME AND EXPEIYDITURE ACCOIJPffj
FORI'HL YEAR J£NDED 31 DECEMBER 2024
Unre5trictod
fun(Is
2024
Total
fund5
2024
Total
funds
2023
Rostricted funds
2024
Into￿e from:
th)nations and legacies
904,487
904.487
465.704
Tot#1 income
904,487
904,487
465,704
Expenditure oll:
Charitable a¢tivilies
Goverjiance costs
350,603
119 J77
350,603
119 J77
275,753
117.386
TutY41 expeDditure
469,980
469,980
393,139
Net income
434,507
4,236
434,507
72,565
'rransfers between fu]]d5
(4336)
Net thovement in funds
438,743
{4236)
434J07
72,565
R¢tonciliation of funds:
Total fund5 brouglit fojward
Net movement in funds
567,671
438,743
,236
(4,236)
$75,907
434507
503J42
72,565
Tot41 funds carried forward
1,1106.414
4,000
A,010,414
575,907
All income and expenditure deriyc from continuing activities.
Th¢ Statement of Finan¢ial AL￿1vItIeS in¢ludes all gains and Iosscs rewgnised in the year.
The Statement of financial Activities a150 complies With the wuirements for an income 9￿d expenditure ￿count under the
Companies Act 2006.
The notes on pages 9 to 15 form part of these financial statements.
Pa8e 7

b: MESSENGER OF SAIPU ANTHONY UK
(A CompAny Limited by Gu&Yant¢e)."""
REGigfERED NUMBER: 112111248.°> '
BALANCE SIIFD,'I'
AS AT 31 DECEMBER 2024
2024
2023
Iyots
Current a55ets
Debtors
c.ash at bank and in hand
26,036
1,018JJlO
23.788
619,144
1.044.852
642,932
CTrditors.' amounts falling due within one y¢8r
(J4,438)
{67.025)
Net current 9ssets
1,010,414
575,907
'rDtsI gS$Ets le55 current IiAbilltles
1,010.414
575,907
Total net 959ets
1.010,4A4
575.907
Charlty thnds
Restric*d fiinds
Unrestricted funds
4,00
1,006,4J4
8,236
567,671
Total funds
I,OllJ,414
575.907
Th¢ Company WdS entitl¢d to exemption from audit under section 477 of the Cotnpanies Act 2006. The m¢￿berS have not
required the company to obtain an audit for the year irt question in acwrdancc with Section 476 of Cotnpanies A¢% 2￿6.
The I'ruslees ackiiowledge their re5ponsibilitie5 for ensuring that thc charity keeps ac¢ountin8 records whi¢h comply with
section 386 of thc Act and for preparing financial stateJn¢nts which give a tru¢ and fair view of the stste of affairs of the
company as the the cnd of the financial year and its incoming resource5 and application of resour¢es, including iL% income
aiid expenditure, for the financial year in accordanc¢ with thc irquircments of 5ectioiis 394 and 395 and which oth¥rwise
comply with the requir¢ments' of the Companies Act 2006 relating to financial stalem¢ntS, 50 f￿. as applicable to th¢
ompany. The financial statsjnents have b¢¢n prepared in acwrdanee with the provisions applicable to entities subject lo th¢
5m¥dl Companies regiin¢.
Thc finan¢ial statements wer¢ approv￿ and authorised for issue by the Trnstees uii I l April 2025 alld sigii¢d oll Their behalf
by..
Gia
rlo 74mengo
{'1 rustec)
The notes on pages 9 to 15 form part of thtse tinanciai statejnents.
Page ¥

MESSENGER OF SAINT ANTHONY UK
(A CompAny Limittd by Guar¥ntee)
NOTES TO THE FlTriANLIAL STATEMENTS
FOR I'HE YEAR ENDED JI DFCEMBLR 2024
Aeeountlng policies
1.1 B&sis of preparAtion offinincial Statements
The finaTh¢iai 5tatemcnts Iiav¢ been prepared in accoi'dan¢e with the Cl)arities SORP IPRS 102) - Accounting
and Repoiting by Cljarities.. Statcment of Recommended Practice applicable to ¢horitics preparing their
accounls in acrordance with the Financial Reporting Standard applicable in ih¢ Utc And Kcpublic of Jr¢land
IE,'RS 102) (e￿￿tive l January 2019), the Financial Rtrporting Standard applicthle in the UK 2nd Republic of
Ireland IFRS 102} and the Cojnpanies Act 2006.
Messenger of Saint Anthony UK meets the definition of a public benefit entity under liRS 102. Assets and
liabilities are initially recognised at historical c05t or transaction value unles5 Othcrwise 4tated in the Telcvant
accounting policy.
Th¢ charity has taken advantage of the piDvisions in the SORP for chariti¢s applying FRS 102 Upddte Bulletin
I not to prcpare a Statcment of Cash Flows. The financial statements are prepared ill sterlingy wliich i5 a
functional QU￿enCY of the charity. Moncttwy arnounts in these financial statements are munded to the nearest
£1. The financial statements have been prepared under the historical cost convention. The priiicipal accountiiis
ptslicies adopted as set out below.
1.2 CompAny status
The Comp[￿Y is a Company limited by guwAMcc. 'The sole member olth¢ Coinpany is Provincia It￿la￿a di S.
Antonio di Padova dei Froti Minori Conventukli. Iti the event of the Company being wound up, the liability in
rc5PeCt of the guarantee is limi1￿ to £1.
1.3 Going com¢ern
At the tim¢ of approving the financi81 st&t¢ments, the tru5tee8 have a r¢asonable Expectatson that the Company
has adequate resources to ¢ontinu¢ in op¢rationa] 6xi5tence for the foreseeable future. Thus th¢ tm*t¢e6
Dntiniic to adopt the 80ing concern basis of a¢counting in pr¢paring the financial statcments.
Pa8e 9

"l) MESSENGER OF SAINT ALYTHONY UK
(A.Company Limited by GuY4ronteel
NOTES'I'O'I'HE FINA,NCIAL STATEMENTS
FOR TIIE YV.AR ENDED 31 DECI4MI BTr.R 2024
Acco￿￿ting policies (Contiiiued)
1.4 Income
All income is recogynised once the Coillpany has ¢ntitlem¢nt to the income, it is probable that thg income will b¢
rcceived wid the amount of iiicoin¢ receivable can be measured reliably.
For legacics, ¢ntitlement is taken as the earlicr of the date on which eithcr.. the Company is aware that probate
has been granted. the estate has been fillali5cd and nDtificalion has b¢en made by the eX￿UtorI$} to tlic Trust
thal a distribution will bc made, or a di5ts'ibution is received from ihc estate. Receipt of a legacy, in whole
or itl Pwt, is only consider¢d probabl¢ when the amount can be tneasured reliably and the Company has been
notified of die exe¢utorfs intention to Inake a digtribution. Where legacies have been nolifi¢d to th¢ Company,
or the company 1$ await of the granting of probate, ￿ld the criteria lor iiicojne recognitjVD hav¢ not beeii met,
then the legACy is treated a5 a contingent &sset and disclosed if material.
Doiiated service5 or facilities are recognised when the Company has contml over the item, hny condition
associated with tlie donated item h4v¢ be¢n m¢L the re¢¢ipt of ecoiiomiG b¥hefit from tlie u8e of the compaDy of
tile itein is probable and that e¢onomi¢ b¢ntfit Gan be Tncasured reliubly.
On rcccipL donated pr(>fessional serviees and donated facilities are r¢ctsgni5ed on the basis of the value of the
gift to the coinpany whi¢h is the amount the company would havc bcen wi1Sin8 to pay to obtain scrvices or
facilities of ¢quIV￿ent economic benefit on the open mark¢t'. a corresponding Bmount is then ￿COgniSed in
expenditure in the period of reGeipL
In¢oikne tax rccovErable in relation to donations received und¢r Gift Aid or deeds of eovenant Is recognised at
the timc of thc donation.
Inwme rewv¢rabl¢ in relation to investment income is re¢ogrtL8ed at thc time the investment income is
re￿1Vabl¢.
1.5 Expethdlture
Expenditure is recognised onc¢ ther¢ is a legal OT ¢onstNclive obligation to tTan5fer economic bcncfit to a third
party. it Is probable d)aL a transfer of ¢¢onomi¢ benefits will b¢ requir￿ ill settlement and the amount of the
obligation can be m¢asur¢d r¢li¢ibly. Expenditure is c]￿siFIed by activity. The costs of each a¢tiYity are mddE
up of th¢ total of dire￿ ¢osts and shared costs, including SlJPPOrt costs involved an undErtaking eacli activity.
Direct ¢ostg attributable to a 5iiiglc activity are allocated dircctly to that activity. Shared costs which coiitribute
to more ihan vnc activity and 5UPPOrt eo8ts which are not attributable to a singlc activity are apportioned
betw¢en those aLtivities on 4 bssis consistent with the us¢ of resourcEs. Centraj staff coyt5 ar¢ allO￿ted on the
ba515 of time spenL and depreciation charg¢s allocated on the portion of the asset's use.
Govcrnance costs ar¢ ¢hose incurred in connection with ￿minIstration of the ¢onipw)y and compliance with
constitytional and statutory requirements.
Cl)aritable activities and Ooveruan¢e costs are Costs incurred on the compHny's operations, in¢ludin8 SUPPOrt
osts costs relating to th¢ governance o(the Lompany apportioned to charitable activities.
1.6 Debtora
Trad¢ and other d¢btors are recognised ot the settl¢meiit amoullt after any trade discount offered. Prepayments
are valu¢d at the amount prepaid n¢t of any trade discoutjts due.
Page 10

. MESSENGER OTr SAINT Af4THONY UK I.. ,
(A COM￿lly Limited by Guarantee)
NOTES TO THE FJNAF4CIAL STATEMENTS
FOR I'HE YEAR ENDED 31 DECLMBER 2024
Atcounting pollcics {continued)
J.7 Cash at bank in hand
Cash at bank and in hand includes cash and short tenn hi8hly liquid investments with a short inaturity of thtf¢
illonth5 or less from the dale of 4wui5jtion or openinbT ofthe d¢posit or siimilar account.
1.8 Li8biliti¢s and provlslons
Liabilities are recognised wh¢n there is an obligation at the Balance Sheet date As a r¢guIt of a past evenL it is
probable that a transfer of economic benefit will be required in s¢ttlemtiit, and the amouDt of the settlement Can
be ￿tIrnated reliably.
Liabilities arc rccognised at the amouiit that thc cOTllp￿y anticipates it will pay tts settle the debt or the amount
it has received as advanced payments for thc goods or s¢rvices it must provide.
Provisions aTe ineasured at the best e5timat¢ of the amounts required to settle the obligatiot). Where thc effect
of the tiille value of Inoney is material, thE provision ￿S based on the present value of tilose a]nounts, discounted
t the pre-tax discount rat¢ that ￿flectS the risks speciFi¢ to th¢ liability. The uThwilldin8 of the discouni is
recognis¢d within intertst payable and simi18r charges.
1.9 Fund *c¢uuntiDg
General funds are ujirestricted fund5 whirh are available for use at the dis¢retion of the TTUSteEs in fvrth¢ran¢e
of the gener31 objectives of ihe Cornpany and wliicli have not been d¢bignatd for otlier purw8es.
R¢stricted funds SLibject to Specific conditions by donors as to how they may be us¢d. The purposes and
usu of th¢ rgstsicted funds are set out in th¢ notes to the financial 5tatcment5.
Donations and legacies
Unrestricted Restrieted
funds
funds
2024
2024
Totil
fund4
2024
funds
2023
L¢gacies
Donativns
435.803
468,684
468,6114
465,704
904,487
9114,487
465,704
Pagell

* yk MESSENGER OF SAITrU A￿￿￿ONy UK
(A Compaoy Liml¢ed by Guarantee) ".
NOTES TO THE FINANCIAL STATF.MENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Anllysis ofexpenditure by Attivities
Ch#ritable
txpenilitUTe
2024
Governance
costs
Totsl
funds
2024
Total
funds
2023
2024
Expenditure
350,603
119.377
469,980
393,139
An#ly515 of dirttt e05ts
Totsl
funds
2024
Total
funds
2023
Printing and publications
Promotional ¢xpenses
Grants made
58200
5,403
287,000
81.223
4,530
l90,000
350h03
275,753
ANAIy5i5 of5UPPOrt COSts
Govemanee costs
Tothl
funds
2023
fund$
2024
Legal profe55ional feeB
AdministratiVE expenses
Sulldry cxpens
Cotnmiinication costs
I ravel expenses
6S8211
6J(10
6A55
411270
532
45,390
13,900
6,027
52,069
119J77
117,386
Trustees, remuneration expens
Duving the year. no Trustees receiv¢d atjy remuneration or other benefits (2023 - £NIL).
Page 12

, MESSENGER OF SAINT ANfHONY UK
(A Company Limited by Cuarantee)
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YIAR ENDED 31 DECEMBER 2024
Trustees, remuneratson expens¢s (comtinu¢d)
During the year Ended 31 December 2024, no Trustee expense5 have been inciirred {2023- £NIL).
Stsff costs
Th¢re were no ¢mployees during the year.
D¢b¢orJ
2024
2023
Du¢ within one y¢*r
Gift Aid Tax recoverable
26.036
23.788
26.036
23,788
Creditors: Amounts falling due within one yeAr
21124
2023
Tradc creditor5
7.969
26,469
11.346
55,679
Accruals and deferred income
34,4J8
67.025
Page13

4 MESSENGER OF SAINf ANfHONY UK ..
. (A Cornpany Limi¢ed by Guar¥Rtee)
NOTES TO TIIE FINANCIAL S'I'ATEMEN'TS
FOR THE YEAR ENDED 31 DF.CEMBER 2024
Statement of funds
Stitement of fuNds- current ye#r
Balance at 31
December
BAlanee at I
2024
I'rAnsfers
nloul
Jncome
Expenditure
2024
UnrostrfLted fund5
Gencrdl Funds- all funds
S67,671
904,487
(469W8&)
4a36
1,006,414
RestTlet¢d funds
Re$trictcd I",unds- all funds
8236
{4336)
Toknl of funds
575,907
904,487
(469,980)
1.010,414
Th¢ restricted funds relates to building houses in Sri Lank&
StateEvJent of lunds- prior year
BalaDGc at
31 Decembcr
2Q23
Balance at
l January 2023
Income
Exp¢nditure
Unrestrletfd fund5
General Funds- #ll funds
499.342
461,468
{393,139)
567,671
Restricted funds
Restrided Fund5- all funds
4.000
4.236
8.236
Tot81 of funds
503,342
465.704
(393,1.39)
575,907
The restiicted fiinds relates to building houses in Sri Lanka.
Page 14

. MESSENGER OF SAINT ANfHONY iJK
(A Company Lln]ited by Gu8r&titee)
NO'fES TO THF, FINANCIAL STATLMEI NTS
FOR THE YEAR ENDED 31 DLCEMBER 2024
AThHlysis of net R85cts betwe¢n funds
Analysis ofnet #55ets betweell fulld$- current period
Unrestri¢tod Restrleted
furtds
funds
2024
2024
Total
fun(ls
2024
Current assets
1,040,852
(34,438)
4,000
1.044.852
(J4,438)
Creditors due within on¢ year
Tot81
1,006.414
4,000
1,010,414
AnAly¥is of ￿et 1158ets between funds- prlor perlod
Unrestricted
fi]nd5
2023
R¥stricted
lunds
2023
Total
funds
2023
Cwrent assets
Creditors due within one year
634,696
(67.025)
8,236
642,932
(67,025)
Total
567,671
8.236
575,907
Reigted party trgnsaetions
As described iii th¢ TN5teC5' Report, the Cojnpany is, by virtue of common ownership and shared &￿e$S to
common ￿$oUrC£s. a rclated party of Provincia itsli8na di S. Antonio di Padova dei Frdti Minori Convenluali,
{"Pi5ap INC'}, and the chwity Carit&s Sont'Antonio ONLUS ("Carit&s") and the publish¢T Mt55a8g¢ro di
Sant'Antonio Editrice ("M¢ssagg¢ro"). TrAns&ction8 and balances b¢N¢en the Company alld these parties are
tabled below-
2024
2023
Transactions:
Grants to Pisap FMC
Grants distributed via Caritas
Grallts distributed via Messaggero
Charges for services provided by Messaggero
50,000
167,000
30,000
103,872
50,000
100,000
20.000
137.822
B*lance5 *¢ 31 Deeeml)¢r.
Due lo Messaggiero
IS4S7
38 J92
Pag¢ 15