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2025-12-31-accounts

Company registration number 11798424 (England and Wales) Charity registration number 1183036 (England and Wales)

CONGREGATION OF OUR LADY OF SION (UK) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

CONGREGATION OF OUR LADY OF SION (UK)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Sister Brenda Dorrian Sister Anne Lee Sister Maureen Cusick Charity number 1183036 Company number 11798424 Principal address 17 Chepstow Villas London W11 3DZ Registered office 1 Bickenhall Mansions Bickenhall Street London W1U 6BP Bankers Lloyds Bank 25 Gresham Street London EC2V 7HN

CONGREGATION OF OUR LADY OF SION (UK)

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Statement of financial position 7
Notes to the financial statements 8 - 15

CONGREGATION OF OUR LADY OF SION (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 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 1 January 2019)".

Objectives and activities

The work of the Congregation of Our Lady of Sion is to promote good relations between Jews and Christians, to work against antisemitism and to foster harmony between all faiths. The trustees have considered the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives.

The policies adopted to achieve that objective, and which have been unchanged during the year remain in the fields of inter-faith work, education, spirituality and the caring services. These will be developed both short term and long term as the needs arise.

In common with many religious Orders in the United Kingdom & Ireland, the age profile of the members of the Order is changing as existing members grow older and the number of new vocations becomes minimal. The Order has an obligation, both moral and legal, to provide care for its members, none of whom have resources of their own and all of whom have devoted a significant part of their lives to promote peace and justice and education.

The Congregation has a leadership team for coordination and planning of events and support of the sisters.

Many of the activities of previous years' reports remain true but always there are adjustments and developments and sometimes closure of certain activities.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

CONGREGATION OF OUR LADY OF SION (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

Significant activities and achievements against objectives

The Order continues to be involved in Jewish Christian Relations and interfaith dialogue in various towns and cities in the United Kingdom and the Republic of Ireland. The work of the Diocesan Advisor in interfaith continues to develop in Manchester. The Order gives courses in Judaism and Jewish Christian Relations via Zoom. The sisters continue to run courses from home and in parishes on Biblical study, Judaism and interfaith relations and are meeting an increased interest in this area. They also organise catechetical programmes for young people in parishes and schools.

Some members of the Order offer spiritual guidance in various situations and accompany people on their faith journey. There is also involvement in Church ministry.

The Centre for Dialogue and Encounter continues to offer courses on scripture, Jewish Christian relations and spirituality by Zoom.

The Order cares for all the sisters and as the age profile of the Order changes so too does the need to provide more and increasingly expensive care for the members. The particular care needs of each member will be addressed as necessary, and the appropriate care will be provided for each member of the Order.

The trustees consider that the Order continues to meet its objectives.

Financial review

The charity is part of the wider Congregation of Our Lady of Sion. The Order was undergoing an international restructuring which included resources being shared and managed at a international level, this is known as the shared management of resources. As part of this restructuring surplus funds and properties were transferred in 2022 and 2024 respectively, to Congregation of Notre Dame de Sion Limited (Charity Number 1178995), a connected charity under the common control of the same Order.

The charity will be provided with funds to meet its requirements from the International Fund and is no longer expected to hold its own significant reserves. An annual budget will be prepared and approved and if the charity is forecast to have a deficit in funds the shortfall will be met by Congregation of Notre Dame de Sion Limited. Should additional funds be required due to unforeseen circumstances, an application for additional funding would be made to Congregation of Notre Dame de Sion Limited that would be reviewed and supported on a case-by-case basis.

The charity has been assured that Congregation of Notre Dame de Sion Limited will support the shortfall of funds of the charity and that it has the means to support the charity.

CONGREGATION OF OUR LADY OF SION (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Financial Position

The balance sheet shows total funds of £640,618 (2024: £616,486) of which £15,290 (2024: £35,615) was restricted.

Financial Performance

The total income of the Unrestricted Fund for the year amounted to £691,367 (2024: £285,983). The increase in income during 2025 was primarily due to higher levels of funding received from the Congregation of Notre Dame de Sion.

Total resources expended from the Unrestricted Fund during the year were £646,910 (2024: £23,337,575) (see notes 4 and 5). The significant decrease in expenditure compared with the prior year is mainly attributable to the donation of properties with a total value of £22,581,135 in 2024. No comparable property donations were made during the current year. Expenditure of £20,325 (2024: £Nil) was incurred from the Restricted Fund during the year.

Reserves policy

As explained in the Objectives and activities paragraph of the Trustees' Report the charity carries out a variety of both long term and short term projects including the care and support of the members of the Order.

The trustees have examined the requirement for the free reserves which are those unrestricted funds not invested in fixed assets, investment properties, designated for specific purposes, restricted funds or otherwise committed. The trustees consider that, given the nature of the Order's work, the international shared management of resources with the wider Congregation, the reserve should represent approximately 24 months expenditure. The estimated free reserves at 31st December 2025 were £614,021 (2024: £561,196). The free reserve at the year-end does not cover the estimated expenditure for the 24 month period after the year end date. The deficit will be funded by Congregation of Notre Dame de Sion Limited.

Principal funding sources

The charity does not receive any external funding except under the shared management of resources from Congregation of Notre Dame de Sion Limited as described above. The Order's main investments were in property until 31 December 2023. On 1 January 2024, the charity donated all of its fixed asset properties and investment properties to Congregation of Notre Dame de Sion Limited.

Major risks

Risk management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining free reserves at the level stated above will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which are faced and confirm that systems have been established to mitigate the significant risks.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to those risks.

Plans for future periods

Future plans

The charity plans to continue the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. In 2026 the sisters will move from their large house at 34 Chepstow and move into a smaller property. It is hoped that they will continue to provide Biblical and Theological courses on Zoom and ‘in person’.

The charity will work towards developing as an international organisation by working more closely with Sisters of Our Lady of Sion throughout the World. In the coming year there will be a greater emphasis on working internationally.

Structure, governance and management

The charity is a company limited by guarantee and governed by Memorandum & Articles of Association dated 30 January 2019. The Charity is a registered charity with the UK Charity Commissioner under charity number 1183036.

CONGREGATION OF OUR LADY OF SION (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Sister Brenda Dorrian Sister Anne Lee Sister Maureen Cusick

Recruitment and appointment of trustees

The trustees are eligible, in committee, to appoint additional trustees under the terms of the Articles of Association. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational structure

The board of trustees comprises members who meet regularly and are responsible for the strategic direction and policy of the charity. The Order meets regularly throughout the year to make decisions on operational matters, including finance, employment and other performance related activities.

Induction and training of trustees

The trustees are usually familiar with the practical work of the charity before being appointed. To date, all trustees have been appointed from among the members of the Order.

Remuneration policy

The trustees are the key management personnel of the charity in charge of directing, controlling, running and operating the charity on a day to day basis. The trustees are members of the Order and whilst their living and personal expenses are borne by the charity, they receive no remuneration or reimbursement of expenses in connection with their duties as trustees or key management personnel.

Relationship with wider network

The charity is part of the wider Notre Dame de Sion and works closely with them and implementing the wider policy and strategy. However, the day to day activities are controlled and carried out by its own members and trustees.

Relationship with related parties

The charity is connected to the Congregation of Notre Dame de Sion Limited, a charitable company, registered in England and Wales (Charity number 1178995), by virtue of being under the common control of members of the same Order.

The trustees have taken advantage of the small companies exemption in preparing this report in accordance with section 419(2) of the Companies Act 2006.

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

Sister Anne Lee

Trustee

Sister Maureen Cusick Trustee

19 June 2026

CONGREGATION OF OUR LADY OF SION (UK)

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF CONGREGATION OF OUR LADY OF SION (UK)

I report to the trustees on my examination of the financial statements of Congregation of Our Lady of Sion (UK) (the charity) for the year ended 31 December 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Iain McManus FCA CTA 1 Bickenhall Mansions Bickenhall Street London W1U 6BP

19 June 2026

CONGREGATION OF OUR LADY OF SION (UK)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted
funds
2025
Notes
£
Income from:
Donations and legacies
2
691,367
Total income
691,367
Expenditure on:
Charitable activities
3
646,910
Total expenditure
646,910
Net income/(expenditure) and
movement in funds
44,457
Reconciliation of funds:
Fund balances at 1 January
2025
580,871
Fund balances at 31
December 2025
625,328		 Restricted
funds
2025
£
-
-
20,325
20,325
(20,325)
35,615
15,290		 Total
Unrestricted
funds
2025
2024
£
£
691,367
285,983
691,367
285,983
667,235
23,337,575
667,235
23,337,575
24,132
(23,051,592)
616,486
23,632,463
640,618
580,871		 Restricted
Total
funds
2024
2024
£
£
-
285,983
-
285,983
-
23,337,575
-
23,337,575
- (23,051,592)
35,615
23,668,078
35,615
616,486

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

CONGREGATION OF OUR LADY OF SION (UK)

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
13
Unrestricted funds - general
14
Net assets		 2025
£
30,243
602,771
633,014
(3,703)		 £
11,307
629,311
640,618
15,290
625,328
640,618		 2024
£
14,569
605,836
620,405
(23,594)		 £
19,675
596,811
616,486
35,615
580,871
616,486

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 19 June 2026

Sister Anne Lee Trustee

Sister Maureen Cusick Trustee

Company Registration No. 11798424

CONGREGATION OF OUR LADY OF SION (UK)

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

1 Accounting policies

Charity information

Congregation of Our Lady of Sion (UK) is a private company limited by guarantee incorporated in England and Wales. The registered office is 1 Bickenhall Mansions, Bickenhall Street, London, W1U 6BP.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 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 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

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. The principal accounting policies adopted are set out below.

1.2 Going concern

The charity at the year-end has net assets of £640,618 (2024: £616,486). It is part of the shared management of resources with the wider Congregation. In the event of a deficit, as part of this arrangement, the Charity would be funded by a charity under common control, Congregation of Notre Dame de Sion Limited, the resource holding entity of the Congregation. On this basis, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

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

Restricted funds include the legacy for Sion Centre of Dialogue and Encounter.

1.4 Income

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be measured reliably and it is probable that the income will be received. The following specific policies are applied to particular categories of income:

Income from donations and legacies

CONGREGATION OF OUR LADY OF SION (UK)

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

1 Accounting policies

(Continued)

1.5 Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure is categorised under the following heading:

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. Support costs are allocated directly to support of members of the Congregation and their ministry.

1.6 Tangible fixed assets

All assets costing more than £1,000 and with an expected useful life exceeding one year are capitalised.

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:

Computers 20% straight line Motor vehicles 25% 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 the statement of financial activities.

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.

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.

CONGREGATION OF OUR LADY OF SION (UK)

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

1 Accounting policies

(Continued)

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.

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 Taxation

The charity is exempt from tax on its charitable activities.

1.11 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.

1.12 Retirement benefits

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

1.13 Foreign exchange

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the net movement in funds.

CONGREGATION OF OUR LADY OF SION (UK)

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

2 Donations and legacies

**Unrestricted ** Unrestricted
funds funds
general general
2025 2024
£ £
Donations and gifts 495,677 67,706
Pensions and salaries 195,690 218,277
691,367 285,983

3 Expenditure on charitable activities

Unrestricted
funds
2025
£
Direct costs
Staff costs
78,397
Care services
229,612
Sisters' living and ministry expenses
134,397
Donation and gifts
9,666
Premises and support costs
127,974
Education, training and spiritual direction
38,463
618,509
Share of support and governance costs (see note 4)
Support
14,001
Governance
14,400
646,910
Analysis by fund
Unrestricted funds
646,910
Restricted funds
-
646,910		 Restricted
funds
2025
£
-
-
-
20,000
-
325
20,325
-
-
20,325
-
20,325
20,325		 Total
Unrestricted
funds
2025
2024
£
£
78,397
90,534
229,612
193,461
134,397
146,374
29,666
22,644,824
127,974
182,141
38,788
49,593
638,834
23,306,927
14,001
16,248
14,400
14,400
667,235
23,337,575
646,910
23,337,575
20,325
-
667,235
23,337,575		 Total
Unrestricted
funds
2025
2024
£
£
78,397
90,534
229,612
193,461
134,397
146,374
29,666
22,644,824
127,974
182,141
38,788
49,593
638,834
23,306,927
14,001
16,248
14,400
14,400
667,235
23,337,575
646,910
23,337,575
20,325
-
667,235
23,337,575
23,306,927
16,248
14,400
23,337,575
23,337,575
-
23,337,575

Charitable activities costs are in support of members of the Congregation and their ministries. Included in the above amounts is a foreign exchange gain of £2,664 (2024: loss of £1,824). Donations and gifts include transactions with a related party. Further details of the transactions are included in Note 18 related party transactions.

CONGREGATION OF OUR LADY OF SION (UK)

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

4
Support costs
Support
costs
Governance
costs
£
£
Accountancy
9,808
-
Legal and professional
4,193
-
Independent examination
fees
-
14,400
14,001
14,400
Analysed between
Charitable activities
14,001
14,400		 2025
Support
costs
Governance
costs
£
£
£
9,808
14,088
-
4,193
2,160
-
14,400
-
14,400
28,401
16,248
14,400
28,401
16,248
14,400		 2024
£
14,088
2,160
14,400
30,648
30,648

Total fees payable to the independent examiner are £22,416 (2024: £25,452). Of this £14,400 (2024: £14,400) are for independent examination, £8,016 (2024: £12,312) are for other accountancy and consultancy services. All costs are included in Support costs.

5 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination/ (audit) of the charity's financial
statements 14,400 14,400
Depreciation of owned tangible fixed assets 8,368 11,823

6 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. As members of the Order, the trustees' living and personal expenses during the year were borne by the charity.

7 Employees

The average monthly number of employees and full time equivalent during the year was:

2025 2024
Number Number
2 5
Employment costs 2025 2024
£ £
Wages and salaries 71,199 86,190
Social security costs 1,847 2,528
Other pension costs 5,351 1,816
78,397 90,534

CONGREGATION OF OUR LADY OF SION (UK)

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

7 Employees

(Continued)

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

8 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

9 Tangible fixed assets

Computers
Motor
vehicles
£
£
Cost
At 1 January 2025
11,328
60,371
At 31 December 2025
11,328
60,371
Depreciation and impairment
At 1 January 2025
7,356
44,668
Depreciation charged in the year
1,155
7,213
At 31 December 2025
8,511
51,881
Carrying amount
At 31 December 2025
2,817
8,490
At 31 December 2024
3,972
15,703		 Total
£
71,699
71,699
52,024
8,368
60,392
11,307
19,675

10 Debtors

Amounts falling due within one year:
Other debtors
Prepayments and accrued income		 2025
£
1,599
28,644
30,243		 2024
£
2,580
11,989
14,569

CONGREGATION OF OUR LADY OF SION (UK)

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

11 Creditors: amounts falling due within one year

Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
12
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
1,175
2,213
315
-
3,703
2025
£
5,351		 2024
£
2,101
20,551
355
587
23,594
2024
£
1,816

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

13 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement
in funds
Balance at Incoming
Balance at		 Resources Balance at
1 January 2024 resources 1 January 2025 expended 31 December
2025
£ £ £ £ £
Sion Centre for Dialogue and Encounter 35,615 - 35,615 (20,325) 15,290

14 Unrestricted funds

Unrestricted funds

Movement in funds Movement in funds
Balance at Incoming Resources Balance at
1 January 2025 resources expended 31 December
2025
£ £ £ £
General fund 580,871 691,367 (646,910) 625,328
580,871 691,367 (646,910) 625,328

CONGREGATION OF OUR LADY OF SION (UK)

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

15
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2025
2025
£
£
Fund balances at 31
December 2025 are
represented by:
Tangible assets
11,307
-
Current assets
614,021
15,290
625,328
15,290		 Total
Unrestricted
funds
Restricted
funds
2025
2024
2024
£
£
£
11,307
19,675
-
629,311
561,196
35,615
640,618
580,871
35,615		 Total
2024
£
19,675
596,811
616,486

16 Related party transactions

During the year the charity entered into the following transactions with related parties:

The Congregation of Notre Dame de Sion Limited, a charitable company registered in England and Wales (Charity number 1178995), is a related party by virtue of being under common control of the members of the same Order.

During the year, the charity received donations from Congregation of Notre Dame de Sion Limited totalling £492,121 (2024: £23,501). In addition the charity donated properties with a total value of £Nil (2024: £22,581,135) to Congregation of Notre Dame de Sion Limited. The donations are part of the shared management resources as mentioned in the trustee report.