Charity number: 1201690 INSTITUTE OF OUR LADY OF MERCY CIO UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 INSTITUTE OF OUR LADY OF MERCY CIO CONTENTS Page Reference and administratlve details of thg Charlty. Its Trustee8 and advlsers Truste&$' report Statomgnt of financlal actlvltles Balance sheet Notes to the flnanclal ststements INSTITUTE OF OUR LADY OF MERCY CIO REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Mary Bernadette Hdmes. Trustee Bernadette Patricia Roche, Trustee Lynda Irene Oearfove, Trustee Ila Christina O'Donnell, Trustee Catherine Christina Groden. Trustee Charlty rgglst9rgd number 1201690 Princlpal office The Gener8lale Convent of Mercy Cemetery Road Yeadon Leeds LS19 7UR Page 1 INSTITUTE OF OUR LADY OF MERCY CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The TiLtrslees present their annual report together wllh the financial statemen18 of the Inslf(ule of Our Lady of Mercy CIO for the year ended 31 D8Comber 2024. ObJectlves The Charitable Inwrporaled Organisalion I'CIO'I was dormant dtjring the year and continues lo be dormant at the dale of approval of the accounts. It is the intention lo transfer the assets and li8￿.1111es of the Institute of Our Lady of Mercy Charitable frust Icharily registration number 2905441 lo the CIO on 31 December 2025. The Trustees of the CIO fully replicate the Twstees of the Charitsble Trust. The objectives are sel out in the CIO Association and mirror those of the existing Charitable Trust. The principal objectives are the advancement of religion and other charitable work under the direction of the Inslilule Including, in particular the relief of povety, the advancement of the Roman Catholic Religion, the advancement of educab'on and the nursing of the sick and poor in England and Wales or anywhere in the world-. or which are carried on by a charity having similar objects. Domiant Status The CIO was dormant throughout the year. Constltution Institute of Our Lady of Mercy CIO is a regisleied charity, number 1201690, and is constiluled under a CIO A88oclalion. The CIO Assoaatlon was registered on 24th January 2023 and amended on 30 July 2024. stst8mgnt of Trustee5 Respon$lbllltles The Trustees are responsible for preparing the Trustees, report and the financial slalements in accordance wth applicable law and United Kingdom Accounting Standards (United Klngdom Generally Accepted AwLtnting Praclicel. The law applicable lo charities in England & Wales requires Ihg Trustees lo prepare financial statements for each financial period which give a true and fair view of the stale ol affairs of the Charity and of its incoming resources and application ol fesources, including ils income and expendlture, for that p8riod. In preparing these financial stalemenls, the Trustees are required to.. select suitable accounting policies and then apply them ¢on51Stenlly', obSe￿e the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK A￿OUntIng Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial slalemenls., prepare the financial statements on the goin9 con¢orn basis unless it is inapproprtale lo presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are suffieient to show and explaln the Charity's transactions and disdose with reasonable accuracy al any tlme the financial pOS￿10n of the Charity and enabl& them to ensure that the financial slalemenls Comply with the Charities Act 2011. the Charity {Accounts and Reports) Regulth'ons 2008 and the provisions of the CIO Association. They are also responsible for safeguarding the assets ol the Charity and hen¢e for 18king reasonable steps for the prevention and dele¢lion of fraud and other irregularities. Approved by order of the members of the board of Trustees on 14 OGlobe¥ 2025 and signed on their behalf by.. £- M B. 146kn Sr Mary Bemadette Holmes Leader Sr Bemadetie Patrlcla Roche Deputy Leader Page 2 INSTITUTE OF OUR LADY OF MERCY CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Total funds 2024 Total funds 2023 Income from: Total Income Expendlture on., Total expenditure Net movement In funds Reconclllatlon of funds: Total funds carrled forward The 8ntlty W88 dormant durlng the current and proceeding period. The notes on page 5 form part of these financial statements. Page 3 INSTITUTE OF OUR LADY OF MERCY CIO BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Fixed assets Investments Current a$sots Cash al bank and in hand Current Ilab511tlgs Net Current assets Total assets less current Ilabllities Net assets excludlng penslon asset Totsl n9t assets Charlty funds Restricted funds Unrestricted funds Total funds The Trustees applied their entitlement lo exomplion from audit in the year ended 31 December 2024. The fina￿la1 slalements were approved and aulhorised for issue by the Trustees on 14 October 2025 and signed on their behalf by .7)Peoth. Mary Bernadatte Holmes Le8der Bernadètte PatrScla Roche Deputy Leader The notes on page 5 fomi part of these financial statements. Page 4 INSTITUTE OF OUR LADY OF MERCY CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General Informatlon The Charitable Incorporated Organisalion is dormant and has received no income and incurred no expenditure in the year. Trustees. remungratlon and expenses During the year, no Trustees received any remuneration or other benefits {2023 - £NIL}. Durlng the year ended 31 December 2024, no Trustee expenses have been incurred {2023 - £NILI- Page 5