2024-12-31-accounts - The Father Ignatius Memorial Trust

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Trustees’ Annual Report for the period

From 01 Jan 2024 Period start date To 31 Dec 2025 Period end date

Charity name: THE FATHER IGNATIUS MEMORIAL TRUST

Charity registration number: 1204238

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of religion and the promotion in the widest sense of spiritual teachings.
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	To maintain the Abbey Church of Father Ignatius at Capel-y-ffin, including the tomb of Fr Ignatius therein, as a place for worship by the general public, religious pilgrims and Christians of all denominations.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit, taking into account the ecumenical nature of the charity.

	SORP reference
Policy on grant making	Para 1.38	Currently the charity (a C.I.O.) has no assets or bank account and is awaiting the transfer of assets from the original Trust (registration number 253225), but grant-making is not envisaged at present.
Policy on social investment including program related investment	Para 1.38	Not applicable.
Contribution made by volunteers	Para 1.38	No volunteers are currently engaged by the charity.
Other

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	As the charity is in a transitional stage and has no assets, it has not yet started work. Once the transfer of assets has taken place, it will be in a position to take over the work currently being done by the original Trust (registration number 253225),

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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	Currently the charity has no assets, financial or otherwise.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	N/A
Amount of reserves held	Para 1.22	Nil
Reasons for holding zero reserves	Para 1.22	Awaiting transfer of assets.
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:	Additional information (optional) You may choose to include further statements where relevant about:	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	N/A
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

Description of charity’s trusts:
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	Charitable Incorporated Organisation (CIO)
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	Awaiting finalisation of the CIO’s status.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	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	Awaiting finalisation of the CIO’s status.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Ditto
Relationship with any related parties	Para 1.51	N/A
Other

Charity name	THE FATHER IGNATIUS MEMORIAL TRUST
Other name the charity uses
Registered charitynumber	1204238
Charity’s principal address	43 St Helen’s Road, Abergavenny NP7 5YA

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Caroline Woollard	Chairman
	Dr Peter Davies	Hon. Secretary

– 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

Trustee name Dates acted if not for whole year

Description of the assets Nil held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Type of Name Address adviser

Reason for non-disclosure of key personnel details

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Peter Davies Full name(s) Peter Llewellyn Davies

Position (eg Secretary, Hon. Secretary Chair, etc)

Date

4[th] June 2025