Chartty numb•r. 1110593 ST MARY MAGDALENE PCC IINAUDrrED TrUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2023 T￿￿¢¢0$. R•pDrt lThd•pendeDI Examln•rfs Report Slal•m•nt of FlTh•nclai AGIfv B*lwK• Sh••t Nolos lo the FtMnd•l Stsir4n•nts 9-18 ST IAARY IAAGDALENE PCC REFERENCE AND ADMJiik¥fRATIVE o￿AlLs OF THE CHARrrf. rrs TRUSTEES AND ADVISERS FOR ThE YeAft ENtsED 31 DECEMBER 2023 lath BuryL% Trwee Su5An 8th*rfcth Awe& TnJ37 Tknoihy Jame> Try￿e4 Junlcu Loo W4rr•n. Trustee Rev Marun Mllb. TnThts• Mll￿n WtLKI. Tntsloo J4¥inlfptr FLiwrvui, Tfusle4 lappotyi'￿ 23 I￿n7 20231 Dftnl•J Vfilen￿l. Trustaa (upF￿nI￿d 31 DeC￿nbU20￿) Charfty r•9￿1¢f•d thumb•r PrfnGlp•l 011S0• Fknl 1. Tho SlrvLTL 80 Wosl Su$5CX RH175Fr Top Str••l )Iney RH173PP FOR The YEAR ENDEO 31 DECEMBER 2023 Th•. w•i•nt rrn4ry1 iewL IIvA•lhw frnndal Charfty 1 Jarwary 2tfiJ lo 31 L)¢ceMt￿f 2m. ObJecUv•i and L Pallel•• •nd vbJKdvEs Rov•r•nd Wwith*•. wt¥> WRS by the Blshop ol Chlth•sl•s on 13th ()dober 2tY20 in a nthv mfo wi.itino prthL In r￿¥￿￿n9 wdhkn the ￿￿$1￿&.[￿￿1 par15h. Iho mlsskn ol IhE chLtrr￿ oVangcfu￿ SOC￿ oTrJ cgJm•nk3NL He 19 nbty KAIAt•d In thlf*tries and Plan￿ for athiles. Iho T￿￿te*S dLW Cor¥4ts1ftrnts￿ lo g•n•rnl gLthnco rjwlty PB2}'. b. s1Trtagl￿ lor •thkning ab]•th thrwh chod1￿bIll gMrvJ. OIKa 4 4U4rt•r. We wch our bLuI PrirnnrySthx+l and hrn kvyJd Mryth W• AEM fo reocn •V•Th￿ne In crfjr ￿rrenty rna•M of(¥)rnwlol TRUSTEEY REPOFrt {COPlTTNUED FOR ThE YEAR ENDED 31 DECEMBER 2023 Athlw•m¢nls and p•rfvnn & Ualn Khlevements ol lh• Charlty and IclnthloA und￿1•￿•￿ fo furthv th* CP•fW• purpc•s• for publle b•r••m wobslt• orvla sociAI m&JlJ kn vnublc Ei>nfjniuty of Surxlry Wr¥krj￿￿ Any parfghlonor 1% unabl• oiiend thrDLhJh Illnosg Or OFry hfirmity Is I￿1C0m0 Its rcthrrn 4 vtslVHoty Ci¥nmwkn ihoy r•std•. b• tt home, or cw• home ty t)Uf hioJmbvrt or R•¥l•w• of aalMtI dMJrch Inspt￿on rnr#yl in 2)1A the ury•nt Ilwj IDrm of r•wJlnkno Dnd IDpdlr of Iha bcll tmr Tl* fii>l pha￿. tpmst •lthatioA ofih• lower. rani•d in dui¥ ona PhDJo i ￿Xrth •ast WD¥ C￿￿1•￿ kn D•c•mbfjr 2021. kn Iwocikm Is du• Fn 2n24. IWD kjul hosptcA% ErnrnJu& BamotrKr4 Fwwj F•mBy Sijprort Wtxk fFSW) ryJAtiw wlthkn ChKh•st•r Dlocesa lor larn￿ leL4 well oll than (MJTrc￿¢s IDgulaty and rsw. ST MARY IJIAGDALENE PCC TRUSTEES REPORT (coprnNUED} FOR ThE YE*A ENDED 31 DECEMBER FlnM¢lal Mvllw Aftftr maklng opiwowlal• thv. TrtL%leM htho 4 rc¥%>nabl• ayr￿££￿￿ mai tho c￿rtty has Hdr414)10 £xtyJ I￿￿[S Sn pruparir¥J th• ffinarI￿ ststewl¥. Furllw6etsQs Oic ol thé Aol Si Mary Mdgthf•no PCC15 a rngWerEd L*W. rnmlxy 111x1593. •J¥l1g C•MtAulrAI undw Paox*l•l C4Mmd14 {P04¥ern} fvloa¥Jrn 1DS6 . b. Il•thod• of •ppolftimonl or •l•Gt5orb ¢rtTn￿fm£ rnembern ¢lect+3d by kndlVkl￿1￿ w lh• •l•dur￿ ofthe clHMth. Ory•ftl••ilon•l ¥I￿GIunP and d•al￿￿Tr￿ poll¢lo• Th• PCC for d¢ciswmaklr¥a m Al mAtt•rJ of o¥)wol tAmEem 4nd 1ml￿tsn￿ lo the poii¥h. pr¢¢ioUwJ DI all h[¥ ¥•vrk kn th• In￿mIX￿ ol & 8otry. ilov Dani￿ V•l•ntln•. d. Fln•nel•l rtsk manag•rnMt opBrxlths and fimncej (rf tre (>k•rfty, and th•t Rr41 W￿¢d￿re$ In pl• lo mldg Paoe 4 TRUSTEES REPORT IcoKnNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Prntiv). Th• Jaw apr￿￿tsID in B¥Jland & Wokns the Trt￿ree& kn woparn sknaffld•l skntumonts for each fmanaal vJhx*b glve IJ true orKI Iurr ts Dr th• itslè of •ffoi¥ ul ChNtty aNI of Its trKaffllw rrtqOLrn and pppNrntion of roxjurcas. Jty Inc¢me oxp•rKllllr4 fcrf Ihol Fwxkwj. In P￿[￿￿0 ffflanaal Ielcci tsuioblc •rAx￿ntrO LI￿0 Bppty thern rayL3￿￿nIt￿. oh•rv• arhj w6rwipl•s ofth• ChA￿￿e8 SORP (FRS 1021. rnake •rwJ a￿￿U￿tin￿l estima1￿ ihal ar• tsnd tsltr whethpJ npplicabfa UK AtcoiHthty Stxndftttls {FRS 102) wbJ•d to Any rn•lwl•l dèswrlurtts d15d05¢d arxl expW In tho fww¥>al slAtwn¢nM: wapBto fv finuncS4l ilatom•nts cfft the crwKDm basls 11 is Inwrpkn lo w•aumu Ihal lh• lh• ChartyA v14h r￿￿￿t0)IC ucArncy It ary toil? the ftrwrxJ•l pos1ri￿ of It*J Clwrity er&ab￿ ihom lo •nsurn thoi ihe fin4W￿l•l ¥tat•rn•nts c¢)mpty I￿1 2011. Ih• ChArbty {A￿aunt$ And Re&xvts) RvaulatKm￿ 200a Ar￿ the al VKI P*irc¢thiul Clwrth (P￿￿rA) rn8sonAblft qlepg fur Il* thnd d•t*(kn ol IrJud urxs Dth•r kT•guUinr*)s. Dr AnthonyJohn Blin (Chatr of T￿￿e￿) Psgè5 IIARY IIAGOALENE PCC INDEPENDEprr EXAIIINER3 REPORT FOR THE YEAR eNQED 31 DECeMJER 2023 Ind•p•ndont E¥omlnet¥ R•p(xt to th• T￿￿1*•$ rfst 11o9dal•n• pcc fihe l Tnts*es ol lh• •(wmts ¢1 ￿ ChAriry fty ￿tIlld 31 Re•ponsiThSlltl•A And of R•pwt fcqUhm￿th ol the ch￿lu0% 2011 Ctha W11 ￿. I rp.[￿ In rospad of my *XAffthJ[￿ F<£axm￿ rarrfod Ixrt wN¥er 5oolon 145 oftho 2011 Aut.1￿1 kn caryry OLrt my exornlnal1￿ I fdhy••rAI gN*n by the Ch* Ctrnlsslon ur¥J•r ¥eci￿1 145<5Xb) ol K¢11 ACL Ind•ptnd*nt e¥•mWs 5ts1•m*nt Yuur 411•nt￿ 19 ¢Jrawn lo 14L* Ihnt ilKI Clmrlty haj ￿PAre￿I tha Accryd￿c￿ A(r￿ntIng 4ry1 Raptrmo lry ChariL•s: Swfimeni ol Rcawnrn•n￿ Pr)Xkv ¥ppbraNe lo chonimm pr•rthrirg I￿1r •ccordanc4 ￿ the ReF47rtino Siondwd uppfutlft UK arKI Rry)￿￿ ￿ IrDland (FIL8 102) kn prarwer￿ lo thq Acmunltrwj Nnd Reportsy by Ctrkryrtt￿" Swienui PrnL*C•lsJ￿d on 1 Awll I Imder0￿￿Tj Lh¥l b)l¥ hmn Il¢mo tn onl•r for tr* •¢c¥XM￿ wwj li ￿x￿dIn￿ Iho Gon•r•lly Acc¢Dled Prth eff¢Kli¥v for ljvJhrthq or 811ty 1 Jan￿ry 2015. I 0Jn￿oIsd rny fixon￿no1k￿. l ainnnn thxr r#) maUorJ hav• run• to my ¥Ath th& th• H¢ctyMts do not runply aF*JblD rwfArthl¥ lrym t￿len1 oc¢iwkn s•t txrt tn ts Chhirkn" (Accwrtj Ficwjrts) Re￿￿t￿$ 2DJ8 olhfftr llny twuirnm&rn that The Oc¢oL￿1¥ I￿r is a mall¥r as p•t lThI¢pw￿O b• dnvwn kn Ihl% rnrth h rydef W enDbkn a cftr4 ortOLml¥ lo ￿ rn•ch￿. This re[￿rt is mad•. pdely IQ Ilw Charitys TrwM¢es. a¥ a ixjdy. In oxordorv Pftrt 4 of IAEcwnts Rewls) Rtythttons 2008. My bas ur#1enakw w thAt l rn￿h1 slate to the ChodiFs Trusiev5 Lh05• rnnifw4 l am iWLriV￿1 lo to Ilwn Indep•￿eTrI Exyrnln•￿ Rep(yl lor na ottw puw. To I1￿ fulSEsl oxI￿t pwmrtled by kp•. I nDt accepl or ussumD rn¥¥W￿1ty Io ¢Aher Trw2 Charity4nd the Chows a5 ¥ Ixh*, ty my furthh rer¥rt S*ned: LE 2oZ Sltsannah Btiwl ACMA Rrdrwds Top StrE ost RH17 5PP P4g• S STATEMENT OF FIXANCIAL A¢TivmES FOR Th£ YEAR ENOED 310ECEUBER 2023 Unwirfd•d funds 2023 Tol•l lunds 2023 Tofal lunds X+2> Incom• frnm: Dondlkjng and l•gxTraA 40.767 17.030 4O.SIS f5.871 ?36 17,036 Totsl Inc*•m• 58207 59,7D7 6267J Expendilur• an". ILilslThJ fLmds Chorrtlblo 9.41a 10,692 2o93e 1591 1615 52J Oruarnlst 3.610 1*10 3,610 1910 424S 7,182 745 7.1aZ 10,271 Totsl •X￿ndI￿rI S1.165 69.400 Nqt mmm•nl In fvnds Roc•nclN•tlon (rffundL" rothl hm￿h1 Nei nThim•nl In kndN 17.166 ?.04Z 157 T¢tsi funth carrl•d fovw•rd 21,1Z6 24208 17.IGd ST IIARY MAGDALENE PCC AS AT 31 DECEMBER 2023 2022 c￿rI•￿t •M•ts 14746 ?7￿ 14746 ar 10 rJ.m) 24308 17.IG6 Tol•1 Gurrwt O•blWe• 24,zua •X¢￿dIng p•Mlon •M•t 1T.166 Tar•1 w •M•ts 1P.106 Charfty lund• R•&1￿1•0 funds LlnTaa1￿ fur 12 12 3.012 21,126 14,C04 Totslfvrbd IT.166 Th• stsiyrMl¥ fDr Issue ty fv T￿11• Ily bvh411 ty. DrAn y Jviin 8oDd Trwte¢s) NOTES To ThE HPIANCIAL sfATEIIENTS FOR THE YEAR ENDED J1 DECEM8ER 20 1958. li Is Irg[￿l•d **Ath the ComML￿)n al Eryland Wal&q uThJer W&TtrMthin 119tW3. Its prlrépjl olke ijs 41 Flal 1. Dmrn, Tho SlnioL Bolnry. W¢sl Sujw RH17 SPT. Actounilng pDlkl•s orepthvd ilw Ja￿untR kn 0cc0ftlwr￿• ttwj Ftrwndaj Rwytkng Swnd4rd appl1(>￿ In tho UK and RapLth6e of frcknrKI (FRS 102) (effe¢ts%tyJ 1 Janujry 20191 IhD Fhand•l Rep￿r￿A S￿￿[# Qpwcablll kn th• UK v41 tFRS 11T2) Ctrwitss Ad X¢11. lh• Charitles Rep(thl FieguknUonJ 2coa 10 oxl•nl requSred to prowld• J truo •ré fts. This dèmre ha¥ IrThvlv•d tho Ch*rfti•A SORP (fR5 702} wbll>h¢d Prntxko ollocipi• from 1 Apll XIDS vrt￿h hu sEn¢e I>tsyb *ILhdw. St IAary MBtpJolDn* pce. rneets Iho dellnjbon (rf • wbr5G LNin•fft enfjty urthr FRS 101 kwils Iknd tve nliiaty rvED9r￿sed il hbi(y6cal unlÉLo otheth •lthd in fvl Gr¥Jnts 44r• kn tho slatsm￿l of Flnkndal Acith_ on o iecvfvalJl• Th6 baLanc• of lunds on tha BAlor￿ Sh¢xL Wh•rn ￿tal¥•d m AtfvhrifcTDd subl•L* tu h*b• Trx beth al th• ore nulryj by Chwitr. thi& Is UFM nDtiScth cl po>•bfo ty th• of Ihna 1Th￿¢h) OY lu¥s rrtm ar Op•ntr￿ olihe ¢cpD5K (K hc(fJLmL ev¢nL il 15 wubjble lknt n knnsfof 014KorK￿ bon•Tr ￿ bo vrqu¥•d fn Mll1em￿L ar￿Unt ablEti￿ 41 lh• arno￿1 th&7 Ihe Cthnty •nO(ipal￿ tt wl poy lo strttt• th• v ¥ru nt Ihe ￿1 eslmatsb of th• •n¥)unts ioquir•d ID settle ihe obtlu4UDn. WhwA tha eff•d ol rhe lime v¥luo ol morblly Lq ￿lIe￿aL IIK IA tKised (m Iho prosent 4•1ue of IhL mwnls. (llsr￿ftt0d bi Il* pie4¥x dLTcourt rnle tt411 rofiLrl¥ rlski y)eoft lo Iho bbiw. The Th•. etswliy ty has ltrwidAI oTrJ of a hnd Ihal QUA￿ linarKthI mmsuréd al Ih#tr s•ttl•rnÈrrt th vAth 1h• •xr*p15on ol bonk knans wh** DID subsoqu•nVy Pw10 FOR THEYEAR eNDED31 DECEIABER 2023 Accounting pollcles f¢oThilnu•dl ZB Fund accou Gener•il lunds ar• UnrLIv¥￿ lunds ovail•bl• fur p¢¢inc luxl. The okn LTh• of reslrkl•d lund h s•1 oui fn trbo nDlcs lo trb• fw¥v¢knl Totsl lunds 202J fvnd* 2023 lurbds 2022 3&415 10.1 40,767 46,516 iDth12022 .?45 11.271 4&51a Income from fundr￿9 events Tat•l lurbd 2023 funds 2423 &mds 2022 4.485 4B5 4.420 5.7B5 &705 4368 NOTES TO ThE FIIIANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 20 rol81 fund3 funds 20ZJ 20 472 3.031 Fa•s UZJ 113r1 9.)03 Totsl funds 2023 Total fund• 2023 2022 236 c￿ts rf rthlng volublwy Incomi Totsl tund• 2023 nd• 23 fL4ids 2022 100 Chjb 24txi 241 7a4 J.104 4104 z641 12 NOTES TO ThE FIPIANCIAL STATEMENTS FOR THE YEAR ENDeD 31 DECEMBER 2023 Eyp¢ndliurn ¢)n rnknlng funds (￿ntIr￿m￿l Other ¢r•dlTrg •*p•nseJ rbds 2023 22 8314 314 8.0 5urnm•ry by fyp• fund• To¢•1 202J ro 2022 41.747 50.574 Sup￿rt for looal Ukrnirkn iolupoos 41.747 4324T 51.774 Talal?O?? 49.074 ?.7LXI 61.TT4 P￿1 13 ST IIARY MAGOALENE PCC NOTES TO THE HNANCIAL STATEMEKTS FOR THE YEAR ENDED J1 DECEMBER 2023 10. Cr￿. Amourd¥ f•lNng *lthln on• 22 11. 2023 Plnancknl *As•ts 27￿30 18,740 ccaunl Ptyo 14 NOYES TO THE FIPIANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEPABER W2J 12. Ststem•M ￿ fund4 B•l•n￿ •t 1 JAnu*ry 2023 lTr¢om• Exp•ndllur• 31 Tr•nbhrn D•e¢mb lThfout 2023 Unrnstrlcl•d fun fund# Q￿￿￿on￿la1 r•pahT IM2 10,ODO 11912 10,000 fvnd* 109115 {51.16SI {1Q.000) ZD7 (S1.1SJ) 21.126 Clor& 82 1lJQQ} 3,Q82 17.166 .707 Paoo 15 ST AIARY IAAGDALENe pcc NOTES TO THE FINANCIAL STATEMEKrs FOR The YEAR ENOED 310ECEU8ER2023 B•tsnce 31 l Jantthry 2022 D••lgnaled fund• 106) ?50 I￿3) &601 ?66 (4.970) JJ 4601 3, léu G•o•rnl funds 1&03T 51.352 159.243) Toknl Unrnwlti•41 lunds 13.927 )1.352 (59.TaOJ 14,OJ4 Q¢d4 *PF*al Clwrdvnrtl malnlanr OulrwThnl.*l repatrj Sup￿￿ fw kxal Ukr•k*i .xv) 0.001 6Ui) 1.17 fI.2￿j 11,271 P.700) 14511) Tol•l olfimdg 17.rAIg Za23 {6Z40aJ 17.160 Palle 16 NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEUBER 2a23 13. Summ•ry ol funds ne••11 JanuAry 31 TrnAslgrn D•e4mb•r 2023 D￿S￿n8￿d G•Mrnl fuiwJ¥ RMtrkJed 10.IKIO (10.tX)D) 1410 58207 (61,165) (I,soo) 17.168 .7a7 (4664 7Jan rrnnsfwJ fknb•i {4,910J 14837 f523) {sg,24JJ n￿) 46Ql GeMral lurnl 3.1 10,D10 61.352 11271 511J 17.tl79 .400) fund• lunds 20 2023 27936 {3,728) (3.T281 Totsl 21,136 2420J PtyD17 ST MARY MAGDALENE PCC NOTES TO THE FENN14CI4L sfATEMEKts FOR ThE YEAR ENDED 310ECEMBER 2023 Contraoual Pa￿lor￿ we n)•Ju lo Mr M 84Kposs. Ary trUJkn•. dLty ￿•r tr upknop E6Q812022 £7LXI). Na alr￿￿? WJS LwtstarKfjrwJ hl th(¥ >werKI Pwe 18