## **Trustees’ Annual Report for the period**
**From 01 / 10 / 2022 Period start date To Period end date 30 / 09 / 2023**
## **Charity name: SACRED HEARTS TRUST CIO**
## **Charity registration number: 1191523**
## **Objectives and Activities**
||SORP
reference||
|---|---|---|
|Summary of the
purposes of the
charity as set out in
its governing
document|Para
1.17|**To promote the faith of the Roman**
**Catholic Church throughout the World**
**To run the Holy Cross Catholic**
**Bookshop, Catford, London**|
|Summary of the
main activities in
relation to those
purposes for the
public benefit, in
particular, the
activities, projects
or services
identified in the
accounts.|Para
1.17 and
1.19|**Running the Holy Cross Catholic**
**Bookshop for the benefit of Catholics**
**and the public. Supporting Catholic**
**overseas missionary work, in particular**
**that of the family of the Franciscan**
**Daughters of the Immaculate Heart**|
|Statement
confirming whether
the trustees have
had regard to the
guidance issued by
the Charity|Para
1.18|**The Trustees confirm that they have**
**considered The Charity Commission’s**
**General Guidance on public benefit and**
**in particular the supplementary**
**guidance on the advancement of**
**religion for the public benefit**|
Commission on public benefit
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||SORP
reference||
|---|---|---|
|Policy on grant
making|Para
1.38|**The Sacred Hearts Trust does not make**
**grants**|
|Policy on social
investment
including program
related investment|Para
1.38|**The Sacred Hearts Trust does not make**
**social investment**|
|Contribution made
by volunteers|Para
1.38|**The Holy Cross Catholic Book Shop is**
**run on a volunteer basis by the**
**Franciscan Daughters of the**
**Immaculate Heart**|
|Other|||
## **Achievements and Performance**
SORP reference
**The Sacred Hearts Trust continues to be of great help and support to the local community to both believers and unbelievers, where our door is always open to everyone** Summary of the main achievements of the charity, Para identifying the 1.20 difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements
against objectives
set|Para
1.41|**N / A**|
|---|---|---|
|Performance of
fundraising
activities against
objectives set|Para
1.41|**N / A**|
|Investment
performance
against objectives|Para
1.41|**N / A**|
Other
## **Financial Review**
|Review of the
charity’s financial
position at the end
of the period|Para
1.21|**The Sacred Hearts Trust is in a good**
**financial position going into the new**
**financial year.**|
|---|---|---|
|Statement
explaining the
policy for holding
reserves stating
why they are held|Para
1.22|**Reserves will be held to ensure the**
**Roman Catholic faith continues to be**
**promoted**|
|Amount of reserves
held|Para
1.22|**£27,395**|
|Reasons for
holding zero
reserves|Para
1.22|**N / A**|
|Details of fund
materially in deficit|Para
1.24|**N / A**|
|Explanation of any
uncertainties about
the charity
continuing as a
going concern|Para
1.23|**N / A**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s
principal sources of
funds (including
any fundraising)|Para
1.47|**The book shop sales including teaching**
**materials and donations received from**
**the general public**|
|---|---|---|
|Investment policy
and objectives
including any social
investment policy
adopted|Para
1.46|**N / A**|
||||
|---|---|---|
|A description of the
principal risks
facing the charity|Para
1.46|**N / A**|
|Other|||
## **Structure, Governance and Management**
|Description of
charity’s trusts:||**None**|
|---|---|---|
|Type of governing
document
(trust deed, royal
charter)|Para
1.25|Trust Deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para
1.25|**CIO – FOUNDATION Registered 29th**
**September 2020**|
|Trustee selection
methods including
details of any
constitutional
provisions e.g.
election to post or
name of any
person or body
entitled to appoint
one or more
trustees|Para
1.25|**Appointment by Chair and Trustees**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and
procedures
adopted for the
induction and
training of trustees|Para
1.51|**N / A**|
|---|---|---|
|The charity’s
organisational
structure and any
wider network with|Para
1.51|**N / A**|
**----- Start of picture text -----**
which the charity
works
N / A
Relationship with
any related parties Para
1.51
Other
**----- End of picture text -----**
## **Reference and Administrative details**
Charity name The Sacred Hearts Trust CIO Other name the charity uses Registered charity 1191523 number Charity’s principal 4 Brownhill Road, Catford, London SE6 2LH address
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
0|**Trustee**
**name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person**
**(or body) entitled**
**to appoint trustee**
**(if any)**|
|---|---|---|---|---|
||Andrew John
Pollock|Chair||Trustees Resolution|
||Trevor Downs|||Trustees Resolution|
||Claudio Lo Sterzo|||Trustees Resolution|
||||||
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## Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
|charity|||
|---|---|---|
|**Trustee name**|**Dates acted if not**||
||**for whole year**||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the None assets held in this capacity Name and objects N/A of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of N/A arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
**Names and addresses of advisers (Optional information) Type Name Address of advise**
**r**
## **Name of chief executive or names of senior staff members (Optional information)**
**Exemptions from disclosure**
## - Reason for non disclosure of key personnel details
**Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**[A J Pollock ] **Full name(s)**[Andrew John Pollock ] **Position (eg** Chair **Secretary, Chair, etc)**
**Date** 27[th] November 2023
|**Charity Name**
**SACRED HEARTS TRUST CIO**|**Charity Name**
**SACRED HEARTS TRUST CIO**|**No (if any)**
**1191523**||
|---|---|---|---|
|**Receipts and payments accounts**|||**CC16a**|
|Period start
**For the**
**period from**
01/10/2022|**To**|Period end
30/09/2023||
**Section A Receipts and payments Unrestricte Restricted Endowment Total funds Last year d funds funds funds to the to the to the to the to the nearest nearest £ nearest £ nearest £ nearest £ £**
||**to the**
**nearest**
**£**||**to the**
**nearest £**||**to the**
**nearest £**||**to the**
**nearest £**||**to the**
**nearest £**|
|---|---|---|---|---|---|---|---|---|---|
|**A1 Receipts**||||||||||
|DONATIONS|**17 078**||**-**||**-**||**17 078**||**11 448**|
|SALES|**54 268**||**-**||**-**||**54 268**||**64 950**|
|GIFT AID|**-**||**-**||**-**||**-**||**50 000**|
|INTEREST|**-**||**-**||**-**||**-**||**25**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income_
_for AR)_|**71 346**||**-**||**-**||**71 346**||**126 423**|
|**A2 Asset and investment**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|**sales, (see table).**||||||||||
||**-**||**-**||**-**||**-**|||
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Total receipts_ **|**71 346**||**-**||**-**||**71 346**||**126 423**|
|**A3 Payments**
PURCHASES
**43 455**
LIGHT, HEAT,
TELEPHONE
**2611**|**A3 Payments**
PURCHASES
**43 455**
LIGHT, HEAT,
TELEPHONE
**2611**|**-**
**-**
~~1~~|**-**
**-**|**43 455**
**2611**||
|---|---|---|---|---|---|
|
PURCHASES|**43 455**||||**51 640**|
|LIGHT, HEAT,
TELEPHONE|**2611**||||**2 105**|
CCXX R1 accounts (SS)
|INSURANCE|**1 104 **||**-**||**-**||**1 104 **||**2 467 **|
|---|---|---|---|---|---|---|---|---|---|
|COUNCIL TAX|**1008**||**-**||**-**||**1008**||**1537 **|
|BIN / REFUSE
COLLECTION|**545**||**-**||**-**||**545**||**1353**|
|SECURITYSYSTEMS|**406**||||||**406**|||
|CAR EXPENSES|**1903**||||||**1903**||2280|
|MISCELLANOUS|**539**||**-**||**-**||**539**||**221**|
|PROPERTY
MAINTENANCE/
EQUIPMENT|||||||||**22659**|
|MAILINGEXPENSES|||||||||**5 177**|
|DONATIONS|**17078**||||||**17078**||**11 149**|
|WEBSITE|**230**||||||**230**|||
|WATER|**341**||**-**||**-**||**341**||**566**|
|**_Sub total_ **|**69 220**||**-**||**-**||**69 220**||**101 154**|
||**A4 Asset and investment**||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**purchases, (see table)**||||||||||||
||||**-**||**-**|||**-**||**-**|||
||||**-**||**-**|||**-**||**-**|||
||**_Sub total_ **||**-**||**-**|||**-**||**-**||**-**|
||||||||||||||
||**_Total payments_**||**69 220**||**-**|||**-**||**69 220**||**101 154**|
||||||||||||||
|**_Net of receipts/(payments)_**|||**2 126**||**-**||
|**-**||**2 126**||**25 269**|
||**A5 Transfers between fun **||**-**||**-**||**-**|||**-**||**-**|
||**A6 Cash funds last year en**||**-**||**-**||**-**|||**-**||**-**|
||**_Cash funds this year end_**||**2 126**||**-**||
|**-**||**2 126**||**25 269**|
CCXX R2 accounts (SS)
2
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B2 Other monetary**
**assets**
**B1 Cash funds**|**Details**
**_Total cash funds_**
(agree balances with
receipts and payments
BANK
**Details**|**Unrestricte**
**d funds**
**to nearest £**
**27 395**
**-**
**-**
**27 395**
~~Agreement~~
Error
**Unrestricte**
**d funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowmen**
**t funds**
**to nearest**
**£**|
|---|---|---|---|---|
|||||**25 269**|
|||||**-**|
|||||**-**|
|||||**25 269**
~~Agreement~~|
|||||
Error|
|||||**Endowmen**
**t funds**
**to nearest**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|**B3 Investment assets**
**B4 Assets retained for**|**Details**
**Details**
3|**Fund to**
**which asset**
**belongs**
**Fund to**
**which asset**
**belongs**|**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**|**Current**
**value**
**(optional)**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**Current**
**value**
**(optional)**|
||3||**-**|**-**|
CCXX R3 accounts (SS)
## **the charity’s own use**
|**-**||**-**|
|---|---|---|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|**-**||**-**|
|Signed by one or two
trustees on behalf of all the
trustees
**B5 Liabilities**|
**Details**
A J Pollock
CLo Sterzo|**Fund to**
**which**
**liability**
**relates**
**Amount**
**due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
ANDREW JOHN POLLOCK
CLAUDIOLO STERZO|**When due**
**(optional)**|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
|||||
||||27/11/2023|
|||CLAUDIOLO STERZO|27/11/2023|
|||||
CCXX R4 accounts (SS)
4
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ Charity Name THE SACRED HEARTS TRUST CIO members of On accounts for the year 30[th] September 2023 Charity no 1191523 ended (if any) Set out on pages** 1 & 2 (remember to include the page numbers of additional sheets)
- I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** .
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed:** N Paisley **Name:** Norman Paisley **Relevant professional qualification(s) or body (if any): Address:** 35 Greenways, Beckenham, London BR3 3NQ
**Date:** 27[th] November 2023
1
**October 2018**
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**October 2018**
**IER**