Trustees. Annual Report for the perlod
2023
From
Section A
Reference and administration details
Chadty n•m•
THE INSTITUTE OF THE SISTERS OF ST. MARCELLINA
Oth•r n•mM ¢h•rlty l# known by
NIA
R•gl•t•r•d ¢harlty numb•r IM any)
211414
Ch•rlty'• prtne1￿1 •ddr•
6 Ellefdate Road
,, H8mpstead
l London
Po•t¢od•
NW3 68D
Nam•• of th• charlty tru•tO0• who m•n•g• th• ¢h•rlty
Tru•t•• nam•
Offlc• lff
N•Th af p•r•on lor body) •ntitl•d
ITrt tyu•t•*
GIULIANA CARRARA
Rev.Glull8na
Carrafa
Mrs Angiol8tt8
SabKJni Silva
Chalr
Mrs Anna Maria
Aurelkq Amato
Gaudiano
Rev Aleiandfa
Guerrero Mendoza
10
11
12
13
14
15
18
17
18
19
20
Name• of th• tnwt•H lor th• Gharlty.11 any. (for •xampl•. •ny ¢u•todlin tru•lo0•)
Name
Dat•• acl•d 11 not lor who
Much 2012

N•mM and addr•A•M of advlMr• (Optlon•l Inforniatlon)
of advlwr
Nama
Addr•
Nam• ol chl•f ox•cutlv• or n•m•• of 8•nlor •tsff ffl•mb•r• {Optlonal Inforniatlon)
Section B
Structure,
overnance and mana
ement
DMcrlptlon of th• ¢h•rlty'• tru•t•
Trnst Deed
Type ol govemlng document
How the charlty 1$ ¢on8tituted
Rellglou8 Ofder
Trustee selBction m8ilKKIs
Appointsd by the Sister In charge
You may choos• to indude
addltional Infornats'on. where
relevant, about..
polickns and procedures
adopted lor the indudion and
training of tnJstee8'.
the charlty's organi6atk)nal
81ructuro and any wider
network wlth wh4ch th charty
works.,
relalionshlp wlth any related
parties,
Irustee8' ¢onslderalk)n ot
major risk8 and the $y8tern
and procedures to manage
them.
Section C
ectives and activities
The Institute of the Slsters of St.Marcellina has been runnlng the house
at 6 Ellerda￿ Road. London since 1955 to provide forelgn $tudent8 wlth
Englb8h l&nguage Cournes and Ac¢iKnmodation.
Summary of th• obJ￿ts of I
harlty s•t out In Its
govomlng document
2012

To provide English tuition arKI ACc￿￿MOdatIOn to lore￿n School Group8
from around the world attending the varnus Schools operated by the
Ordar
Summary olthe maln
actlvltl•8 undertakon for th•
publlc b•nellt In rnlatlon to
th•80 objocts Iln¢lud• wlthln
th18 8eCtlon the •l•tutory
d•clAratlon that tru•to•• h•v•
had r•gard to th• guldanc•
1J8ued by the Charlty
Comm1881on on publ1¢
b•nollt)
Addltlonal dthll• ot obl•¢tlvM •nd a¢llvlllo8 (Optlonal inlorniatlon)
You may choo•• to include
further slatemèntg. where
relevant. about..
policy on grantmaklng.,
pol* programme rnbtod
Investment.,
contribulion made by
volunleern.
Section D
Achievements and performance
AR
M•f¢h 2012

Attendance of the School groups has been g¢)od.
The Students come with their own teachers for orth weeks of full ImrnwBlon in the Engllsh
Culture and Language
Mwch 2012

Section E
Financial review
M•fth 2012

Section E
Financial review
8ri•f 8talom•nt ol th•
¢h•rfty'• policy on r•••rv••
Oetall8 ol •ny fvnd• matorl•lly
In d•flclt
Furth•r flnanclal r•vlow d•lalh (Optlonal Inlofmatlon)
You may ch008• to include
additional inlomation, where
rebvant aboul..
the charty's principal
sources of fund8 (indudlng
any fundraising):
how expendiluro has
8UPPOrted the key obJgth88
of the charlty..
Investment pollcy and
objective8 including any
elhical Inve81ment policy
adopted.
Section F
Other optional information
Section G
Declaration
Tho ttu4tg0$ d4Glar• that th•y havo appro¥•d tho trust￿. feport •bo¥•.
8ignod on b•h•lf of th• ¢￿TIty,• tru•t•••
Slgnaturnl•)
Full n•m•f•)
Po•ltlon {•9 S•crntaryi Ch•Sr,
otc)
Sr.GluliAna Carrarn
Cha
D•to
1810912024
TAR
Mwth 2012

THE INSTITUTE OF THE SISTERS OF ST.MARCELUNA
CHARITY NUMBER 0211414
REPORT ANO ACC¢)upirs
FOR THE YEAR ENDED 31 DECEMBER 2023

THE INSTITUTE OFTHE SISTERS OF ST. MARCEWP4A
INOEPENOEpif EXAMINERS REPORT TO ThE TAiISTEES
8e2
I feport on the att¢)unts of the chwtty for the ¥t¥r ended 311)ecefflber 2023 whkh are set out
on pa8e5 3 to 5.
The report Is m¥de solely to the ChaTftVs Trustees. as a body. In accoftlJncÉwlth chapter 3 01
P•rt 8 of the Charitles Act 2011. My examln•tlon has been undertaken so that I mi8ht ￿ate to
t￿ Chwltvs Trustees those matters l am requlred to state to them In In Independeni
examlner's report and lor no rfher purpw. To the lulle5t extent p*rn)ltted my law. I do rKt
accept or assume responslblllty to anyone other than the Charity and the Charltvs Twstees as
, for my examlnatlon, lor thls report or th• opbnlons I h•b* formed.
As the charlty'5 tru5te•5. ygu Ire rEsponslblefry the prepor•tlcffj ol the accounts.. you ￿nSIder
th•t the audlt r¢qylreft￿t ol Section 144111 ol the Ch8rllV'$ 2011 the IZOII A¢tl does not apply.
It Is my regjonslbllllv to state, on the basls ol pro¢¢dyres specllied In ihe General Dlrectlons
ven by the Charlty Commissioners under sertion 14S1511bl of the 2011 ACL whether panicular
m•tters h•¥e come lo my attentlon.
111stJ ol Ind•p•nd•nt wfflln*s f•POrt
My examln&tlon was rarrled otsr In accordance wtih ihe Gerleral ￿real￿$ elven by the Charfty
Commissloners. An èxamlnall￿ Includes • revmv of ihe ?c¢ountlry fecords kept by the
chartty and a comparlson of ihe accounts presenied woth those records. It Includ¢s
con51dentlon ol •ny unusual Items or dlsdosurts In the •c¢ounts. and soektni explanatl¢)ns
from you a5 trustee5 ctyi¢emln8 any such Th•tters. The procedures undertaken do not provlde
all the evld•nce th•t w¢)uld be required In an audit. Ind consequently I do not express an audlt
D￿niOn on the ￿tW wven by the Kcounts.
Ind•p•nd•nt •x•mlnWs rtrt•m•nt
In connettion Y*Atlt my examlnatl*)n, no m•tter has con* to my •ttentlon:
•1 ￿1¢h ilves me reJson¥ble ¢aus• to bellewè th•t In •ny m•tetl•l respe¢¢ the requlrements:
l. to keep Keouniini re¢ords In Kcordance wlth the Charlvs Att 2011: and
2. to preparE ac¢ounts whlch accord ¥Ath the accountlni records and io comply wlth the
ac¢ountln8 requjrements of the Acl and with the methods and prlnaples ol the
Statement ol Re¢omm¢Trded Pr•ctke.' Acc¢)uniin8 and Reportln8 by Charlties..
3. have not been met: or
bl to whl¢h, In myoplnton. attertlon should be dr•wn In order to enable a proper
undersundlni ol ihe Iccounts io be rea¢hed.
Chltr• Ptr•hk•r•n
Ch•rter*d C•rtMled Accountsnt
Independent Ex*mlrnr
Oat•'. 18th 01 Septffiibw 2024

THE INSTITUTE OF THE SISTERS QF ST.MAftCEWNA
srATEMEKf OF FINANCIAL ACTivmES
FOR THE YEAR ENDEO 31 OECEMBER 2023
Page 3
2013
Unr•Jtrl¢ted
2022
Unrestrlrted
Incomlnl re￿UrC
Fees
8ank depO￿t Interest
192.647
1,214
193.861
168,529
155
168,684
Resource5 exp•nd•d
Reli8lOUS service
Food and drfnk
Household laundry and deanlng
Insurance
Ll8ht. heat and water
Motor and travelll
Motor vehlcle depredatlon
Medlcal care
Students actlviiles
Management and tultlon costs
Offlce admlnlstratlafi
Prolesslonal lees
Examlner's fees
Repalrs and m3lntenan
General expenses
Donatlons to charlttes
8.415
14.609
3.898
7.36S
2,013
18.C
18,773
5.466
2.623
465
1.747
2.280
3,753
2.659
1.212
32.354
359
33,610
7.160
2.058
695
7,055
6.170
7,261
17,069
1,212
47.448
173.260
105.477
Net of Incomlnl resources Iresourtes expended)
20,601
63,207
Accumulated fvnds broulht forward
148,079
84,872
Accumulated funds Cafrled forward
168.680
148.079

THE INSTITUTE OF THE sisfERS OF sr.MARCELUNA
STATEMENT OF ASSETS AND UABIUTIES
AS AT 31 DECEMBER 2023
Pa8e 4
Not•
2023
1022
Flxed assets
Motor ￿h1￿•
5,814
7,872
Curr•nl ass•ts
8ank turrent account
8ank Oepgslt accounts
Cash In hand
41.607
112.223
10.248
164,078
50,420
81.cl
9.991
141,419
L•M: curr•nt Il•bllltl•s
Accrya15
Net current assets
-1,212
162.866
-1.212
140.207
Totsl as5•ts
168,680
148.079
Accumul*t•d funds
168.680
148.079
These accounts were approved by the trustees on 18th of ¥ember 2024
5r. Gl
1S•n• C•rTar•
Trnstee

ThE IN511TiITE OF THE sisfERS OF ST.MARCELLINA
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 310ECEM8ER 2023
Pay5
l. kcountlni polldes
The principle accountlnl polkles whlch •fe adopted In the preparailon of the ￿￿Unts •re set Ixit
below.
B•sls ot •c¢ountlni
These accounts have been prepafed under th• hb5torkal ¢ost cM¥entlon, and ire In •ccardance
wlth gppllcable accountlni stsndards and the SLltem¢nt of Roc¢mmended Pfocllce'kcountln8
& Reporti￿ by Charltles, leffeai¥e April I(￿1.
F•• I￿orne
Thls Income relates to fees from bo3rdln8 and tuttlon forforth8n students. ft Is •¢counted lor In
the accounts when It ts recelved.
Investm•nt Income
B•nk Interest Is shown Iross. It15 shown In the •¢£ounts when tt15 recelb*d.
Depredatloft
Flxed assets are stated •t Cost less depreclrtlon. Depredatlon l# cakulated at r•testo wrlte th¢
*ssets d¢)wn to thelr resldual wdlye at th¢ end of thelr •ntlclpated uselul Ule.
Ihe rates used •$ follows:
Motor vehlde
25% on book value
2. Flx•d 4sMts
Motor
•hkl•
Total
Opening
Addlilon5
IOA95
10.495
10.495
10,495
D•prncl*tlon
Openln8
Charye for yeai
2.623
2,058
4,681
2,623
2,058
4.681
Nrt book ￿1￿* 3112 2023
5.814
5.814
N•1 bpok ¥alu• 3112 2022
7.872
7￿72

THE INSTITUTE OF THE SISTERS OF ST.MARCELUNA
CHARITY NUMBER 0211414
REPORT ANO ACC¢)upirs
FOR THE YEAR ENDED 31 DECEMBER 2023

THE INSTITUTE OFTHE SISTERS OF ST. MARCEWP4A
INOEPENOEpif EXAMINERS REPORT TO ThE TAiISTEES
8e2
I feport on the att¢)unts of the chwtty for the ¥t¥r ended 311)ecefflber 2023 whkh are set out
on pa8e5 3 to 5.
The report Is m¥de solely to the ChaTftVs Trustees. as a body. In accoftlJncÉwlth chapter 3 01
P•rt 8 of the Charitles Act 2011. My examln•tlon has been undertaken so that I mi8ht ￿ate to
t￿ Chwltvs Trustees those matters l am requlred to state to them In In Independeni
examlner's report and lor no rfher purpw. To the lulle5t extent p*rn)ltted my law. I do rKt
accept or assume responslblllty to anyone other than the Charity and the Charltvs Twstees as
, for my examlnatlon, lor thls report or th• opbnlons I h•b* formed.
As the charlty'5 tru5te•5. ygu Ire rEsponslblefry the prepor•tlcffj ol the accounts.. you ￿nSIder
th•t the audlt r¢qylreft￿t ol Section 144111 ol the Ch8rllV'$ 2011 the IZOII A¢tl does not apply.
It Is my regjonslbllllv to state, on the basls ol pro¢¢dyres specllied In ihe General Dlrectlons
ven by the Charlty Commissioners under sertion 14S1511bl of the 2011 ACL whether panicular
m•tters h•¥e come lo my attentlon.
111stJ ol Ind•p•nd•nt wfflln*s f•POrt
My examln&tlon was rarrled otsr In accordance wtih ihe Gerleral ￿real￿$ elven by the Charfty
Commissloners. An èxamlnall￿ Includes • revmv of ihe ?c¢ountlry fecords kept by the
chartty and a comparlson of ihe accounts presenied woth those records. It Includ¢s
con51dentlon ol •ny unusual Items or dlsdosurts In the •c¢ounts. and soektni explanatl¢)ns
from you a5 trustee5 ctyi¢emln8 any such Th•tters. The procedures undertaken do not provlde
all the evld•nce th•t w¢)uld be required In an audit. Ind consequently I do not express an audlt
D￿niOn on the ￿tW wven by the Kcounts.
Ind•p•nd•nt •x•mlnWs rtrt•m•nt
In connettion Y*Atlt my examlnatl*)n, no m•tter has con* to my •ttentlon:
•1 ￿1¢h ilves me reJson¥ble ¢aus• to bellewè th•t In •ny m•tetl•l respe¢¢ the requlrements:
l. to keep Keouniini re¢ords In Kcordance wlth the Charlvs Att 2011: and
2. to preparE ac¢ounts whlch accord ¥Ath the accountlni records and io comply wlth the
ac¢ountln8 requjrements of the Acl and with the methods and prlnaples ol the
Statement ol Re¢omm¢Trded Pr•ctke.' Acc¢)uniin8 and Reportln8 by Charlties..
3. have not been met: or
bl to whl¢h, In myoplnton. attertlon should be dr•wn In order to enable a proper
undersundlni ol ihe Iccounts io be rea¢hed.
Chltr• Ptr•hk•r•n
Ch•rter*d C•rtMled Accountsnt
Independent Ex*mlrnr
Oat•'. 18th 01 Septffiibw 2024

THE INSTITUTE OF THE SISTERS QF ST.MAftCEWNA
srATEMEKf OF FINANCIAL ACTivmES
FOR THE YEAR ENDEO 31 OECEMBER 2023
Page 3
2013
Unr•Jtrl¢ted
2022
Unrestrlrted
Incomlnl re￿UrC
Fees
8ank depO￿t Interest
192.647
1,214
193.861
168,529
155
168,684
Resource5 exp•nd•d
Reli8lOUS service
Food and drfnk
Household laundry and deanlng
Insurance
Ll8ht. heat and water
Motor and travelll
Motor vehlcle depredatlon
Medlcal care
Students actlviiles
Management and tultlon costs
Offlce admlnlstratlafi
Prolesslonal lees
Examlner's fees
Repalrs and m3lntenan
General expenses
Donatlons to charlttes
8.415
14.609
3.898
7.36S
2,013
18.C
18,773
5.466
2.623
465
1.747
2.280
3,753
2.659
1.212
32.354
359
33,610
7.160
2.058
695
7,055
6.170
7,261
17,069
1,212
47.448
173.260
105.477
Net of Incomlnl resources Iresourtes expended)
20,601
63,207
Accumulated fvnds broulht forward
148,079
84,872
Accumulated funds Cafrled forward
168.680
148.079

THE INSTITUTE OF THE sisfERS OF sr.MARCELUNA
STATEMENT OF ASSETS AND UABIUTIES
AS AT 31 DECEMBER 2023
Pa8e 4
Not•
2023
1022
Flxed assets
Motor ￿h1￿•
5,814
7,872
Curr•nl ass•ts
8ank turrent account
8ank Oepgslt accounts
Cash In hand
41.607
112.223
10.248
164,078
50,420
81.cl
9.991
141,419
L•M: curr•nt Il•bllltl•s
Accrya15
Net current assets
-1,212
162.866
-1.212
140.207
Totsl as5•ts
168,680
148.079
Accumul*t•d funds
168.680
148.079
These accounts were approved by the trustees on 18th of ¥ember 2024
5r. Gl
1S•n• C•rTar•
Trnstee

ThE IN511TiITE OF THE sisfERS OF ST.MARCELLINA
NOTES TO THE ACCOUNTS
FOR THE YEAR TO 310ECEM8ER 2023
Pay5
l. kcountlni polldes
The principle accountlnl polkles whlch •fe adopted In the preparailon of the ￿￿Unts •re set Ixit
below.
B•sls ot •c¢ountlni
These accounts have been prepafed under th• hb5torkal ¢ost cM¥entlon, and ire In •ccardance
wlth gppllcable accountlni stsndards and the SLltem¢nt of Roc¢mmended Pfocllce'kcountln8
& Reporti￿ by Charltles, leffeai¥e April I(￿1.
F•• I￿orne
Thls Income relates to fees from bo3rdln8 and tuttlon forforth8n students. ft Is •¢counted lor In
the accounts when It ts recelved.
Investm•nt Income
B•nk Interest Is shown Iross. It15 shown In the •¢£ounts when tt15 recelb*d.
Depredatloft
Flxed assets are stated •t Cost less depreclrtlon. Depredatlon l# cakulated at r•testo wrlte th¢
*ssets d¢)wn to thelr resldual wdlye at th¢ end of thelr •ntlclpated uselul Ule.
Ihe rates used •$ follows:
Motor vehlde
25% on book value
2. Flx•d 4sMts
Motor
•hkl•
Total
Opening
Addlilon5
IOA95
10.495
10.495
10,495
D•prncl*tlon
Openln8
Charye for yeai
2.623
2,058
4,681
2,623
2,058
4.681
Nrt book ￿1￿* 3112 2023
5.814
5.814
N•1 bpok ¥alu• 3112 2022
7.872
7￿72