2024-12-31-accounts

THE

SPIRITANS

The Congregation of the Holy Spirit and the Immaculate Heart of Mary

British Province

Trustees and Accounts ANNUAL REPORT 2024

Charity Registration Number 227350 (England and Wales) SC011294 (Scotland)

Contents

Reports

Reports
Legal and administrative information	1
Trustees’ report	3
Independent auditor’s report	23
Accounts
Consolidated statement of financial activities	28
Charity statement of financial activities	29
Balance sheets	30
Consolidated statement of cash flows	31
Principal accounting policies	32
Notes to the accounts	38

Legal and administrative information

Trustees Father Ugochukwu Ikwuka C.S.Sp (Chairperson) Father Michael Desmond Wilson C.S.Sp (Resigned August 2024) Father Solomon Shamee C.S.Sp (Appointed August 2024) Father James Flynn C.S.Sp (Resigned August 2024) Father Ricklan Mallya C.S.Sp (First Assistant) (Appointed August 2024) Father Joseph Melchior Kiwango C.S.Sp (Resigned August 2024) Father Patrick Adusei-Poku C.S.Sp (Appointed August 2024) Father Paul Antwi-Boasiako C.S.Sp (Resigned August 2024) Father Arthur Marie Georges Matip (Appointed August 2024)

Principal Address Spiritan House 60 Hoole Road Chester CH2 3NL Other locations 6 Woodlands Road Bromley Kent BR1 2AF 117 Newarthill Road Carfin Motherwell ML1 5AL The Spiritan Centre Northallerton Road Salford M7 3TP Holy Ghost Fathers 61 Leicester Road Salford M7 4DA Charity registration 227350 (England and Wales) numbers SC011294 (Scotland) Auditor Buzzacott Audit LLP 130 Wood Street London EC2V 6DL Bankers National Westminster Bank plc 10 Elephant Yard Kendal LA9 4LZ

1 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Legal and administrative information

Investment Rathbones Investment Management Limited Managers 30 Gresham Street London EC2V 7QN Ramsey Crookall Securities House 38/42 Athol Street Douglas Isle of Man IM1 1QH BlackRock Investment Managers (UK) Limited 12 Throgmorton Avenue London EC2N 2DL UBS Financial Services Inc 500 Grant Street BNY Mellon Center 46th Floor PA 15219-2502

LCL International St George’s Court Upper Church Street Douglas Isle of Man IM1 1EE Solicitors IBB Solicitors Capital Court 30 Windsor Street Uxbridge Middlesex UB8 1AB

2 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

The Trustees present the report and accounts of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province (the “charity” or “Province”) for the year ended 31 December 2024. The charity is also known within the Catholic Church as ‘The Spiritans’ and the ‘Holy Ghost Fathers’. The accounts have been prepared in accordance with the accounting policies set out on pages 32 to 37 of the attached accounts and comply with the charity’s trust deed, applicable laws and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 102).

A General Overview of the Congregation

The British Province of the Spiritans is a part of an international missionary organisation within the Catholic Church. This international missionary congregation has approximately 3,000 members serving in 60 different countries across six continents, namely, Europe, Africa, North and South America, Asia and Australia. This vast international presence is organised into Circumscriptions. For the most part, these Circumscriptions equate to a country, with the general administrative office in Rome. There are two types of circumscriptions: Provinces and Groups. Provinces are usually more stable, with local members, promotion of vocations and formation structures. Groups are usually created to undertake a specific missionary task.

The Spiritans, comprise of clerics, consecrated laymen and Lay Associates. Spiritan brothers are consecrated laymen who make life long vows, but have not opted for ordination to the priesthood. They develop professional and technical skills such as medicine, teaching, social services and communications, which are critical to mission works and projects everywhere in the world.

Spiritan Lay Associates are members who undertake renewable promises of commitment, to live out the Spiritan vision and spirituality in their everyday family lives and work. Many of them are key supporters of our projects.

The Spiritans, British Province

The British Province of the Spiritans is one of the many circumscriptions of the international Congregation, and while part of the world-wide Congregation, it is yet an independent authority with its definite structure within the UK.

A Brief History of the British Province

The Congregation of the Holy Spirit, widely known as the Holy Ghost Fathers or Spiritans, was founded in 1703 by a young French scholastic, Claude Francis Poullart des Places (1679-1709) and merged in 1845 with The Congregation of the Holy Heart of Mary, founded by the Venerable Father Francis Libermann, a Jewish convert (1802-1852) to form The Congregation of the Holy Spirit and the Immaculate Heart of Mary (The Spiritans).

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Trustees’ report Year to 31 December 2024

A Brief History of the British Province (continued)

The Spiritans presence in the UK dates back to the 18th century. However, specific missionary activities of the Spiritans in the UK were identified with the arrival of Fr Jacques Bertout in 1792 in England while fleeing the French Revolution.

In 1904, with the renting of the Prior Park Mansion near Bath in Somerset the Spiritan presence was grounded in England. In 1907, Castle Head in North Lancashire was acquired to be a Minor Seminary and the British Province came to be officially established in 1925. In 1939, the Spiritans purchased Upton Hall in Nottinghamshaire for a Senior Seminary, which was later requisitioned during the World War II. In 1947, the Bickley House was acquired for the Provincial Headquarters and a centre for late vocations.

Recognising the importance of Scotland, as both a place for missionary vocations as well as support for missionary work, the Spiritans set up a community in Carfin, on the outskirts of Glasgow, in 1956.

The British Province in Mision ad Extra

By this time, on average, four new priests were ordained every year and despite the U- boats on the Atlantic, the young missionaries sailed to their missions in Sierra Leone, Nigeria and East Africa. Subsequently, the British Province became one on the Provinces in the Spiritan world that sent out the most missionaries to other parts of the world, especially Africa.

In 1925, the first Spiritans from the United Kingdom went to Sierra Leone in West Africa. As numbers grew, more followed. Others began to go to Southern Nigeria and Mauritius, while a few went to east Africa and the Caribbeans.

In 1947, Rome entrusted to the then English Province the Prefecture of Otukpo in Northern Nigeria, an area almost the size of England, Frank Murray C.S.Sp being the first Prefect. Ever since, most of missionaries have worked there. This became the Diocese of Makurdi in 1958 with James Hagan C.S.Sp., as its first bishop.

The Fathers first concentrated on education in primary schools, and then opened colleges for boys, and with the help of the Holy Rosary Sisters, for girls too. In 1975, the Government took over the schools enabling the missionaries to pay more attention to the adults, using the new Rite of Christian Initiation for Adults (RCIA).

The response was tremendous. Bishop Murray, C.S.Sp., invited other Religious Societies, of both men and women, and many new parishes were opened as well as clinics and hospitals.

From the beginning, following Father Libermann's advice, the missionaries encouraged local vocations who would eventually take over the area. A Junior Seminary was opened in Keffi in 1956 and students from there went on to the Senior Seminary in Jos. The first Diocesan priest for Makurdi Diocese was ordained on 1 January 1970, to be followed each year by an ever-increasing number.

With the diocesan clergy assured, young men were encouraged to join the Holy Ghost Fathers and there are now many professed members from the diocese and the surrounding areas.

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Trustees’ report Year to 31 December 2024

The British Province in Mision ad Extra (continued)

Today there are close to ten million people in the original prefecture area, which is now split into eight Dioceses, Idah, Otukpo, Makurdi, Gboko, Katsin ala, Lafia, Wukari and part of Jalingo, each with its own indegenous Bishop and clergy.

The Province continued its links with Sierra Leone and has always had Fathers working there up to and during the brutal civil war which ran from 1991 to 2000.

After Vatican II, there was a much greater involvement in international projects and the then English Province was at the forefront of this missionary commitment with British confreres serving on international teams in Angola, Australia, Kenya, Tanzania, South Africa and Ghana.

The Province has continued to experience growth and renewal due largely to mission appointments of Spiritans from other Provinces of the Congregation to the British Province.

The Province has enjoyed great missionary successes and expansion in Britain and overseas, and has maintained an international and missionary flavour to its works.

Constitution & legal Status of the Province in the UK

By a Trust Deed executed in 1963, the Province was established as a registered Charity. This deed conferred the initial assets of the charity upon its trustees, requiring them to apply the capital, and income from such assets, for charitable purposes which advance the religious, missionary and other charitable work in England, Wales, Scotland and any other part of Great Britain and in British Colonies and Dependencies or the British Commonwealth for such lawful charitable purposes connected with the advancement of the Roman Catholic religion as the trustees shall decide.

The Spiritans and the British Church

While greater attention was given to mission ad extra in the earlier days, today, the Spiritans have a huge missionary presence in the UK impacting greatly the local Church of the Kingdom of Britain. With about 105 clerical members and 7 Lay Associates, presently, Spirtians have a very wide-spread presence across 10 Diocese in the Church of England & Scotland administering 37 Parishes within the UK.

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Trustees’ report Year to 31 December 2024

Objectives and activities

Objectives

The objective of the charity (Province) is to advance the religious, missionary or other charitable work of the Congregation.

In practice, this means the charitable work of the Roman Catholic Church especially the promotion of its ethical, religious and missionary ideals.

When setting the objectives and planning the work of the charity for the year, and when encouraging the work of individual members, the trustees have given careful consideration to the Charity Commission's guidance on public benefit.

From the late 1980 ‘s to date, there has been conscious decision to concentrate on working with young people, people seeking asylum and refugees, and other marginalised groups within the United Kingdom, as well as maintaining a retirement provision for elderly confreres and offering assistance to the Congregation’s overseas missionary works.

The Vision of the British Province

The Spiritans of the British Province undertake to be a witness to the Gospel in an everchanging world. We strive especially to serve those who are poor and marginalised by society, sensitive to their changing needs. Our vision is to carry out our mission by fidelity to community life. We desire a revitalisation of community. The process of sharing, community prayer, mutual support and trust, affirmation and dialogue are recognised as essential elements of community building.

The Mission of the British Province

We are dedicated to the Holy Spirit, who invites us to renew the face of the earth through our holiness and works of charity targeted at the poorest of the poor. We place ourselves under the protection of the Immaculate Heart of Mary, who was filled by the same Spirit inviting us to lift up the lowly.

In keeping with our ideal of a life that is both fraternal and apostolic, we take for our motto the words used to describe the early Christian communities: Sharing all things in common.

In faithfulness to the intuitions of our Founders, to their experiences and to the living traditions of our Congregation, we give priority to those who have little or no experience of the Gospel. Among these are:

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Trustees’ report Year to 31 December 2024

Objectives and activities (continued)

The Mission of the British Province (continued)

These areas contain some of the mos t disadvantaged in our society and belong to groups for whom the Church has difficulty in finding workers.

The decree of the Second Vatican Council "Ad Gentes" (to the nations), remains an important commitment of the British Province.

We aspire to achieve this mission through:

• Witnessing to community life;

• Collaborative ministry;

• Parish ministry; and

• Putting in place foundations so that a work is not dependent on our continuing presence.

We also continue to give support to new Provinces and Foundations (Circumscriptions) of the Congregation.

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance

General overview

The general performance of the Province over the course of 2024 has been fair enough. Missionary activities have performed well as we can see a great expansion across ecclesiastical regions of the country. In the wake of this commendable expansion, the Trustees have always taken into account attendant economic concerns. Thus, they have consistently reviewed the activities of the Charity and made adjustments were necessary.

Communities, parishes, projects and chaplaincies

In the course of the year, on behalf of the 10 Dioceses in the UK, the Province administered the works of 37 parishes, most of which have more than one church and primary schools attached.

Characteristically, in agreement with each Diocese, each parish is orientated and focused towards the Missionary objectives of the Province. This includes not only support of the local Church but also the general missionary vision of the Congregation worldwide. This is achieved through encouraging prayer, community building and practical support. The parishes act as a base for our Spiritan outreach in those particular areas.

Our Spiritan ministry encompasses engagement within the parish, the local community, and reaching out to those at the margins of the society. Using the parish as a base, we also reach out to schools as school chaplains and school governors.

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance (continued)

Communities, parishes, projects and chaplaincies (continued)

Parishes Ministered During the Year across Dioceses

	Church/Parish	Address	Diocese	Telephone
1	St. Mary's & St. Columba	24 Bowling Green Road, Castletown, Isle of Man, IM9 1EB	Arch. of Liverpool	01624 822272
1	Holy Cross	40 Hall Green Road, Stone Cross, West Bromwich, B71 3LA	Arch. of Birmingham	0121 588 2743
2	Our Lady of the Angels and St Peter in Chains	106 Hartshill Road, Stoke-on-Trent, ST4 7LT	Arch. of Birmingham	01782 844 308
3	Sacred Heart	Jasper Street, Hanley, Stoke-on-Trent, ST11 3DA	Arch. of Birmingham	01782 215 217
4	St Mary and St Modwen	78A Guild Street, Burton-On Trent, Staffordshire, DE14 1NB	Arch. of Birmingham	01283 563 246
5	St Michael and the Holy Angels	260 High Street, West Bromwich, Sandwell, B70 AQ	Arch. of Birmingham	0121 588 2743
6	St Patrick's	106 Dudley Road, Winson Green, Birmingham, B18 7QN	Arch. of Birmingham	0121 454 0418
7	St Philip Neri	Messenger Rd, Smethwick, West Midlands, B66 3DU	Arch. of Birmingham	0121 558 1065
8	Sacred Heart	7 Old Liverpool Rd, Warrington, WA5 1AE	Arch. of Liverpool	01925 631 086
9	SS Mary and John	171 Crow Lane East, Newton-Le- Willows, WA12 9UD	Arch. of Liverpool	01925 226 106
10	St. John the Evangelist	70 Fountains Road, Kirkdale, Liverpool, L4 1QL	Arch. of Liverpool	0151 922 3604
11	St. Mary's & St. Columba	24 Bowling Green Road, Castletown, Isle of Man, IM9 1EB	Arch. of Liverpool	01624 822 272
12	Our Lady Immaculate	401-403 Ewell Road, Tolworth, Surbiton, KT6 7DG	Arch. of Southwark	020 8399 9550
13	Our Lady of Gillingham	2A Ingram Road, Gillingham, ME7 1YL	Arch. of Southwark	01634 852 979
14	St Chad's	5 Whitworth Road, South Norwood, London, SE25 6XN	Arch. of Southwark	020 8653 2806
15	St Joseph	2 Commerell Street, East Greenwich, London, SE10 0EA	Arch. of Southwark	020 8858 1845
16	St Joseph's	135 Shooter's Hill, London, SE18 3QE	Arch. of Southwark	020 3105 8577
17	St Mary Magdalene	73 Comerford Road, Brockley, London, SE4 2BA	Arch. of Southwark	020 8691 2404
18	St Paul's	103, Maison Dieu Road, Dover, Kent, CT16 1RU	Arch. of Southwark	01304 206 766

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Trustees’ report Year to 31 December 2024

	Church/Parish	Address	Diocese	Telephone
19	St. Andrews	45 Brook Road, Thornton Heath, CR7 7RD	Arch. of Southwark	020 8684 3013
		1 Hill's Terrace, Chatham, ME4 6PU	Arch. of Southwark	01634 842 886
20	St. Michael the Ahl
	rcange
		63 Somerset Rd, New Barnet, EN5 1RF	Arch. of Westminster	020 8449 1961
21	Mary Immaculate & St. Pt
	eer
22	Our Lady of Lourdes	5 Berrymead Gardens, Acton, Loondon, W3 8AA	Arch. of Westminster	020 8992 2014
23	SS Michael & Martin	94 Bath Rd, Hounslow, TW3 3EH	Arch. of Westminster	020 8570 1693
24	St Gabriel's	15 St John's Villas, Archway, London, N19 3EE	Arch. of Westminster	020 7272 8195
25	St John Vianney	370 W Green Rd, London, N15 3QL	Arch. of Westminster	020 8888 5518
26	St Mellitus	Tollington Park, London, N4 3AG	Arch. of Westminster	020 7272 3415
27	St Michael	Crown Rise, Watford, Herts, WD25 0NE	Arch. of Westminster	01923 673 239
28	St. John Fisher/St. Thomas Moore, & St. Theresa	28 Rossington Ave, Borehamwood, WD6 4LA	Arch. of Westminster	020 8953 0715
		28 Dailly Road, Maybole, KA19 7AU	Diocese of Galloway	01655 882 145
29	Our Lady and St Cthbt'
	uers
30	St Sophia	9 Bentinck Street, Galston, KA4 8HT	Diocese of Galloway	01563 820 928
31	St Teresa's	Glasgow Street, Dumfries, DG2 9DE	Diocese of Galloway	01387 252 603
32	St. Anthony's	62 Langlands Road, Glasgow, G51 3BD	Diocese of Glasgow	0141 445 1416
33	St. Patrick's	71 Shieldmuir St, Wishaw, ML2 7TH	Diocese of Motherwell	01698 263 945
34	St Aidan's	Station Road, Ashington, Northumberland, NE63 8AD	Diocese of Newcastle and Hexham	01670 812 200
35	Parish of the Holy Spirit	North Road, Clayton, Manchester, M11 4WQ	Diocese of Salford	0161 223 0861
36	St Thomas Presbytery	327 Great Cheetham Street East, Higher Broughton, Salford, M7 4EU	Diocese of Salford	07947 795 195
		Plas Newton Lane, Chester, CH2 1SA	Diocese of Shrewsbury	01244 371 660
37	St Columba and St Th'
	eresas

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance (continued)

Communities, parishes, projects and chaplaincies (continued)

Chaplaincy is the provision of religious and pastoral services to people within local communities who may have specific needs due to their state of life, who face unique challenges, or who are vulnerable and therefore require special accommodations to be made. Most commonly, chaplaincies are connected with secular institutions, such as hospitals, prisons, and schools.

In the course of the year, the Province has supported 14 Hospitals, 13 Schools, 9 Prisons, 5 Ethnic Groups, and 2 Special Migrant ministries.

Hospitals Ministered During the Year

	Name of Hospital	Address	Type of Service
1	The Catholic Chaplaincy, Aintree University Teaching Hospital	Lower Lane, Fazakerley, L9 7AL, Liverpool	Full time
2.1	Salford Royal Hospital (1)	Salford	Full time
2.2	Salford Royal Hospital (2)	Salford	Part time
3	Midlands Metropolitan University Hospital (1)	Birmingham	Part time
4	Burton On Trent Hospital/Queen’s Hospital	Burton On Trent	Part time
5	Croydon University Hospital	Croydon, London	Part time
6	Medway Maritime Hospital	Gillingham, Kent	Part time
7	Queen Elizabeth Hospital, Woolwich	Woolwich, London	Part time
8	Lewisham Hospital London	London	Part time
9	St. Christopher Hospice	Sydenham	Part time
10	Whittington Hospital NHS Trust	Magdala Avenue, N19 5NF, London	Full time
11	Midlands Metropolitan University Hospital (2)	Birmingham	Part time
12	Royal Stoke Hospital	Newcastle Rd, Stoke-on- Trent, ST4 6QG	Part time
13	University Hospital Wishaw	50 Netherton St, Wishaw, ML2 0DP	Part time
14	Queen Elizabeth University Hospital	1345 Govan Rd, Glasgow, G51 4TF	Part time

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance (continued)

Communities, parishes, projects and chaplaincies (continued)

Schools Ministered During the Year

	Name of School	School Type
1	St. Ignatius College, Enfield, London	College
2	Christ the King Sixth Form College, Sidcup, London	College
3	St. Aloysius College High School, London	College/High School
4	St. John Henry Newman’s Catholic College, Oldham	College/High School
5	St. Michael Catholic High School, Watford	High School
6	St. Aidan’s High School, Wishaw, Scotland	High School
7	St. Michael’s Catholic Grammar School, Finchley, London	High School
8	St. Peter’s RC High School, Manchester	High School
9	Our Lady’s RC High School, Manchester	High School
10	Nicholas Breakspear Catholic School, St. Albans	High School/Sixth Form
11	St. Gregory’s Catholic Science College, London	Science College
12	St. John Vianney RC School, Stretford, Manchester	Special Ed. School
13	Greenwich University, London	University

Prisons Ministered During the Year

	Name of Prison	Address	Type of Service
1	HMP Buckley Hall	Rochdale, Manchester	Full time
2	HMP Cookham Wood	Sir Evelyn Road, Rochester, Chatham	Full time
3	HMP Forest Bank	Salford	Full time
4	HMP Liverpool	68 Hornby Rd, Bootle, Liverpool	Full time
5	HMP Risley	617 Warrington Road, Cheshire	Full Time
6	HMP Dumfries	Terregles Street, Dumfries	Part time
7	HMP Kilmarnock	Mauchline Rd, Kilmarnock, Scotland	Part time
8	HMP Thorn Cross/Onley/Rye Hill	-	Part time
9	HMP Wandsworth	London	Part time

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance (continued)

Communities, parishes, projects and chaplaincies (continued)

Ethnic Groups Ministered During the Year

	Name of Organization	Location	Type of Service
1	Ghanaian Chaplaincy	Birmingham	Part time
2	Portuguese Chaplaincy	Salford	Part time
3	Nigerian Chaplaincy (1)	Salford	Part time
4	Nigerian Chaplaincy (2)	Birmingham	Part time
5	West Indians Chaplaincy	Birmingham	Part time

Other Special Ministries During the Year

	Ministry	Type of Service
1	Airport Chaplaincy: Chapel of St George Heathrow Airport, Central Terminal Area, Hounslow TW6 1BP	Full time
2	Immigration Removal Center.(IRC)Colnbrook By-Pass, Harmondsworth, West Drayton UB7 0HB	Part time
3	Royal Airforce - RAF England	Full time

Community Life

and Provision of Care for the sick and the Elderly members of the Order As well as the parish-based communities, the Province has 5 properties that are privately owned and managed and house the members of our Congregation working in Spiritan Projects and Administration, and our retired members. They are:

	Community	Use
1	Bickley	Investment Property
2	Carfin	Retirement
3	Chester	Retirement
4	Libermann House	Just Youth Project
5	Leicester Road	Provincialate

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Trustees’ report Year to 31 December 2024

Activities, achievements and performance (continued)

Spiritan projects

The Charity continues to support her projects, which were designed to help the less privileged in society. It has two major projects: Just Youth and Revive CIO.

Just Youth Project

Just Youth is a youth ministry project established by the Spiritans in 1998 under a separate charity (Charity Registration No. 1072491) in Salford, Greater Manchester. It provides creative formal and informal educational activities for young people, to help develop their spiritual, moral, social, emotional, and intellectual potential that they may grow to full maturity as human persons and valued members of the society.

Over the years Just Youth has worked with Schools, conducted outreaches, retreats, Catechetical classes and other formation programs for the young ones. Its income was not very encouraging. This unpleasant experience has led to diversification of Just Youth’s work with young people.

During 2024, the Province provided two Spiritan priests, one seminarians, and four volunteers to work with Just Youth. The Spiritans also provided the services of the Spiritan Provincial Administration members who constitute the Board of Trustees for Just Youth. In furthers support, the Province also secured a grant for the renovation of the Just Youth Center Hall. Yet, the Provincial Administrative Office continues to provide services in terms of administration and advice to Just Youth. It is the decision of the Trustees to continue

More information can be obtained from the Just Youth website www.justyouth.co.uk as

well as a detailed report filed with the Charity Commission.

Revive CIO

The Revive project was established in 2002 as a social justice project of the Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province (The Spiritans) registered in England and Wales (Charity Registration Number 227350). Due to the rapid expansion of this project, the Trustees decided to register it as a separate Charity. Hence, on 16th April 2019, a new charity namely Revive CIO (No.1183006) was formed. With effect from midnight on 30 June 2019, in accordance with a legal transfer of undertakings and a resolution of the trustees, the activities of the Revive project of The Spiritans were transferred to Revive CIO.

The aim of Revive CIO is to accompany and support refugees and people seeking asylum, inspired by the Christian values of compassion, service, equality, respect for human dignity and Justice and Peace advocacy.

Revive works by providing free practical support, services and advocacy regardless of race, religion, gender, sexuality, disability, age or beliefs. The charity aims to promote access to rights, safety, stability and independence.

More information can be obtained from the Just Youth website www.revive-uk.org as well as a detailed report filed with the Charity Commission.

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Activities, achievements and performance (continued)

Lay Associates

Many people from all walks of life, in contact with Spiritans in many parts of the world, feel inspired and called to share in the charism and mission of the Spiritans. Many have gone further to make a formal commitment to live a Spiritan way of life within the context of their everyday lives and working environment. They form the Lay Spiritan Associates. Presently, there are seven committed Lay Spiritans in the Province and numerous others within the UK and overseas whom add beauty and diversity to the Spiritan family life.

Celebrating our volunteers

Volunteers remain a gift to the community especially to our organisation and, without them, we would not have accomplished what we did - from helping with drop-in sessions, to teaching English Language and interpreting to helping with administrative work in our parishes, and helping bereaved families to cope with their losses, their selflessness and service to others remains a cornerstone of Spiritan ministry.

Financial review

The accounts for 2024 show the consolidated position of the ‘Spiritan Group’, which includes the Province and its subsidiary charities, Just Youth and Revive CIO. The Group’s net movement in funds amounted to a surplus of £201,046 (2023 – surplus of £124,630) comprising a net income before net investment gains of £155,726 (2023 - £17,826), with the adjusting balance being the net investment gains of £45,320 (2023 - net investment gains of £106,803). There was no gain or loss on investment properties in 2024.

Income

The income of the Group during 2024 amounted to £2,797,543 (2023 - £2,132,811). Our main income was from donations and legacies, which with £745,025 (2023 - £641,231) being the salaries, pensions and ministry income of the Spiritans totalled £1,810,669 (2023 - £1,492,305).

In 2024, the Province received a grant of £70,000 for the repairs of the hall in Just Youth.

The Province continues to be extremely thankful to its donors and benefactors without whom its work would not be possible.

Income from other trading activities totalled £208,620 (2023 - £159,647), and income from listed investments and other interest amounted to £360,425 (2023 - £319,958). Income from youth education (Just Youth) was £40,845 (2023 - £47,083) in the year and income from enrichment activities (Revive CIO) totalled £311,244 (2023 - £113,818).

All income received during 2024 was used to support the missionary activities of the Province both at home and overseas.

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Financial review (continued)

Expenditure

The expenditure of the Province continues to be monitored. The principal areas of expenditure are the support of the Provinces and the wider Congregation’s missionary objectives, both at home in Britain and overseas, together with the continued expense of funding the operation of the retirement provision in Chester and Carfin, and the employment costs of staff that help facilitate the Province’s missionary work.

During 2024, Group expenditure was £2,581,817 (2023 - £2,114,985) of which £1,946,277 (2023 - £1,533,627) relates to charitable missionary objectives in the UK and £227,517 (2023 - £203,547) relates to donations and the support of overseas missions. £94,511 (2023 - £78,280) relates to the costs of the Spiritan Youth ministry, including the costs of the subsidiary charity, Just Youth. This sum principally reflects the salaries of its staff and the operational costs of the Spiritan Centre. Expenditure on the Group’s enrichment activities of Revive totalled £249,923 (2023 - £236,326).

The balance of the expenditure relates to the cost of raising funds including investment management costs.

Each year budgets are established and closely monitored to ensure prudent management of the Province’s resources. This, as well as the strategic plan, helps to ensure the ongoing viability of the Province. Main areas of expenditure are constantly being reviewed and examined in order to ensure a continuing and viable missionary Province in the future.

Financial position

The consolidated balance sheet shows total funds of £13,873,623 (2023 - £13,672,577) of which £2,633,537 (2023 - £2,518,062) represents properties and other tangible fixed assets, which are essential in supporting the work of the Province. Other funds that need mention are as follows:

• £390,261 (2023 - £385,002) relates to a designated fund for the use with the homeless and those with addictions.

• £7,910,000 (2023 - £7,910,000) is designated as a retirement fund to ensure that the needs of the retired members of the Province can be supported.

• £577,500 (2023 - £495,000) is designated as an overseas retirement fund to ensure that the needs of the retired members overseas can be supported.

• £30,000 (2023 - £30,000) relates to a designated fund to look after the priests’ health.

• £187,018 (2023 - £174,770) relates to restricted funds.

16 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Financial review (continued)

Reserves policy

The trustees have a policy of ensuring that they hold in reserve funds equivalent to the running costs of the charity for one year. At 31 December 2024, the level of the general fund or free reserves was £2,145,307 (2023 - £2,159,742). The level of free reserves is currently less than the target and the trustees continue to keep the level of reserves under review. The trustees believe that, together with the designated funds, they have sufficient free reserves to meet the needs of the charity in the immediate future and they continue to monitor the level of reserves closely.

Given the more recent geopolitical events and the growth profile of the Congregation, this level of reserves, being slightly higher than that required by the reserves policy, is deemed appropriate and the trustees are content that the charity is a going concern.

Investment policy

The trustees have the power to invest in such assets as they see fit. However, to ensure all financial investments adhere to Catholic Social Teaching the charity has an established ‘Ethical Investment Policy’.

The services of investment management companies, are employed to implement this policy and to ensure the maximum return is achieved on our investments. Our investments are reviewed on a regular basis.

Plans for the future

In light of the current economic scenario and geopolitical events, the trustees will continue to monitor the income and expenditure and make decisions accordingly. The Province held a Chapter in August 2024, and elected a new board of trustees, and this is reflected on the first page of this report.

Structure, governance and management

Employees, volunteers and members of the congregation

The Province is very fortunate in continuing to have many dedicated people to help in its missionary activities. This voluntary help enables the members of the charity to devote their time to working with deprived groups, those on the margins and those in need. There is no remuneration for this work. Alongside their other priestly duties, the trustees give a great deal of their time to the administrative work of the Province. There are also members appointed to take charge of communities and the care of the elderly members of the Province. These duties are carried out without financial remuneration and, once again, their contribution is greatly appreciated.

17 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Structure, governance and management (continued)

Statement of trustees' responsibilities

The trustees are responsible for preparing the trustees’ report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales and in Scotland requires the trustees to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the group and the charity and of the income and expenditure of the group and charity for that period.

In preparing these accounts, the trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and

• prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity, and enable them to ensure that the accounts comply with the Charities Act 2011, applicable Charity (Accounts and Reports) Regulations, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations for 2006 and the provisions of the charity's trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Appointment of trustees

All trustees are appointed by those members of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province (the “Province”) who are in permanent vows. The Chairperson of the trustees is the elected Provincial Superior of the Province. The other trustees are the first assistant and appointed councillors on the Provincial Council.

The trustees are elected and appointed every four years at an elective Provincial Assembly or Chapter of the Province and are confirmed in office by the Generalate of The Congregation of the Holy Spirit and the Immaculate Heart of Mary in Rome.

As all trustees are members of the Congregation, they have detailed knowledge of the works of the charity, its structure and its aims and objectives.

18 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Structure, governance and management (continued)

Appointment of trustees (continued)

On 1 March 2013 the trustee body of the Congregation, under an order from the Charity Commission of England and Wales and ratified by the Office of the Scottish Charity Regulator, became an incorporated body to be known as The Incorporated Trustees of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province.

Training of the Provincial Council in their role as trustees is facilitated by the Provincial Bursar (Chief Financial Officer). Training is provided using materials provided by the Charity Commission of England and Wales or the Office of the Scottish Charity Regulator, major conferences, the Association of Provincial Bursars, the Conference of Religious and also relevant literature and seminars provided by firms of solicitors and accountants specialising in charity practice and procedures.

The names of the trustees who served during the year and up to the date on which this report was approved are set out on page 1 of this report.

Organisational structure

The Provincial Council (board of trustees) is bound to a common vision contained in the Spiritan Rule of Life promulgated by the international body of the Congregation of the Holy Spirit from its headquarters in Rome. This is applied to local circumstances by a gathering (Chapter) of the general body of the British Province members. However, the Province is an independent legal entity under British law, responsible for its own financial concerns.

The Provincial Council is responsible for the overall governance and management of the Province.

The main administration office of the Province during 2024 was in Chester.

For the day-to-day management of the Province, the trustees have appointed Community Leaders and Project Directors to oversee each of its communities and missionary projects.

These Community Leaders and Project Directors meet regularly with the trustees to ensure that the charity's governance and objectives are complied with.

Each community and project has its own advisory committee that meets on a regular basis. These committees submit regular reports to the Provincial Council/trustees.

During 2024 the trustees met regularly (physically for their mandatory quarterly meetings and through online platforms to deal matters in between).

The Provincial Bursar, assisted by the Provincial Finance Team, administers the affairs of the central administration and oversees the community bursars and the project administrators who are responsible for the day-to-day management of the Province. The Provincial Bursar and the Provincial Council are also supported by advice from their professional advisors.

19 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Structure, governance and management (continued)

Organisational structure (continued)

Each community and missionary project operates its own bank account in a centralised accounting structure with the Province's bankers. All bank accounts are monitored by the Provincial Bursar’s office.

Key management personnel

The trustees consider that they comprise the key management of the group and charity in charge of directing and controlling, running and operating the group and charity on a dayto-day basis.

All trustees are members of the Congregation and whilst their living and personal expenses are borne by the charity they receive no remuneration or reimbursement of expenses in connection with their duties as trustees or their role as key management personnel.

The key management personnel of the subsidiary charities, Just Youth and Revive CIO, comprise their respective trustees. None of the trustees of Just Youth or Revive CIO received any remuneration during the year.

Risk management

The advisory committees of each project and community bursars are responsible for overseeing risk assessments. All significant activities undertaken by the Province are subject to a risk review. The major risks are ranked in terms of their potential impact and probability. The advisory committees and community bursars then report all major risks to the Provincial Bursar's office and Provincial Council who ensure that adequate systems are in place to manage the risks.

This work has identified a number of key risks for the charity which are described below together with the principal ways in which they are mitigated:

• The trustees are aware that there is both a moral and legal obligation to care for the older members. None of the Spiritans have resources of their own as all earnings, pensions and other income have been donated to the charity under a Gift Aid compliant Deed of Covenant. As the age profile increases, so too does the need to provide care for the brethren. Key elements of the management of this risk are: (a) ensuring that the charity has the available financial resources to finance this care both now and in the years ahead by setting aside assets in a designated fund, the value of which has been based on actuarial principles; and (b) ensuring that processes are in place to review regularly the ministries and needs of individual Spiritans encouraging those who need it to take on less demanding ministries and for identifying those who need extra care and help.

20 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Structure, governance and management (continued)

Risk management (continued)

• The charity works with children and vulnerable adults including older people. The Spiritans, as a religious missionary Congregation and a member of the Conference of Religious (CoR), adheres to the national Safeguarding Policy of the Catholic Church as agreed by the Bishop's Conference of England and Wales and the Conference of Religious.

Complying with the policy means:

• Ensuring that all activities are conducted safely by applying the principles of "Creating a Safe Environment" as per the national policy.

• Ensuring that all personnel involved (including religious and laity) are recruited under Safer Recruitment Guidelines and obtain a Disclosure and Barring Service (DBS) Disclosure for working with vulnerable groups.

The Spiritans Safeguarding Policy and Procedures are based on the principles and guidelines set out in the National Safeguarding Policy:

Respect for the innate dignity of every person is a fundamental principle. Integral to this is the recognition of the right of all children, which must be respected, protected, cared for and nurtured - a right rooted in the Gospel and Christian tradition as well as in international, domestic and canon law.

The Spiritans always liaise closely with statutory agencies to ensure that if a disclosure is made, the correct procedure is followed. The Province has a Spiritan who is responsible for compliance with this policy.

• The charity donates significant sums in support of the wider Congregation and other organisations. The vast majority of donations sent overseas are to fund projects administered directly by members of the international Congregation. Whether or not the funds are used here in Great Britain or overseas, the trustees always ensure that they are fully briefed about and familiar with the work of a potential recipient of funds, that funds are transferred via bank transfer, that proof of receipt is obtained and that, wherever possible (and always in the case of monies sent overseas), a full written report of how the monies have been utilised and applied is obtained from the recipient.

• One of the charity's principal assets comprises listed investments, the value of which is dependent on movements in United Kingdom and world stock markets. The investments are managed by reputable investment managers who adhere to a policy agreed by the trustees. The trustees meet with the investment managers and the manager's performance and that of the portfolio are monitored. The investment strategy is assessed regularly to ensure it remains appropriate to the charity's needs - both now and in the future.

21 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Trustees’ report Year to 31 December 2024

Structure, governance and management (continued)

Fundraising policy

The charity aims to achieve best practice in the way in which it communicates with donors and other supporters. It takes care with both the tone of its communications and the accuracy of its data to minimise the pressures on supporters. It applies best practice to protect supporters’ data and never sells data, it never swaps data and ensures that communication preferences can be changed at any time. The charity manages its own fundraising activities and does not employ the services of Professional Fundraisers.

The charity undertakes to react to and investigate any complaints regarding its fundraising activities and to learn from them and improve its service. During 2024, the charity received no complaints about its fundraising activities.

Signed on behalf of the trustees

Trustee: Ugochukwu Ikwuka Approved on: 27 October 2025

22 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Independent auditor’s report 31 December 2024

Independent auditor’s report to the trustees of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Opinion

We have audited the accounts of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province (the ‘parent charity’) and of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province and its subsidiaries (the ‘group’) for the year ended 31 December 2024 which comprise the consolidated and parent charity statement of financial activities, the group and parent balance sheets, the consolidated statement of cash flows, the principal accounting policies and the notes to the accounts. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the accounts:

• give a true and fair view of the state of the group’s and of the parent charity’s affairs as at 31 December 2024 and of their income and expenditure for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the accounts section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the accounts, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the accounts is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

23 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Independent auditor’s report 31 December 2024

Other information

The other information comprises the information included in the annual report, including the trustees’ report, other than the accounts and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the accounts themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception In the light of the knowledge and understanding of the group and parent charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 and the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

• the information given in the trustees’ report is inconsistent in any material respect with the accounts; or

• sufficient and proper accounting records have not been kept by the parent charity; or

• the parent charity accounts are not in agreement with the accounting records; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities contained within the trustees’ report, the trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.

In preparing the accounts, the trustees are responsible for assessing the group’s and the parent charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charity or to cease operations, or have no realistic alternative but to do so.

24 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Independent auditor’s report 31 December 2024

Auditor’s responsibilities for the audit of the accounts We have been appointed as auditor under section 151 of the Charities Act 2011 and section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

How the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

• The engagement director ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

• We identified the laws and regulations applicable to the charity through discussions with representatives from the trustees and from our knowledge and experience of the charity sector;

• We focused on specific laws and regulations which we considered may have a direct material effect on the accounts or the activities of the charity. These included but were not limited to the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102); and

• We assessed the extent of compliance with the laws and regulations identified above through making enquiries of representatives from the trustees and review of minutes of trustees’ meetings.

We assessed the susceptibility of the charity’s accounts to material misstatement, including obtaining an understanding of how fraud might occur, by:

• Making enquiries of representatives from the trustees as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

• Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

25 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Independent auditor’s report 31 December 2024

Auditor’s responsibilities for the audit of the accounts (continued)

How the audit was considered capable of detecting irregularities including fraud (continued)

To address the risk of fraud through management bias and override of controls, we:

• Performed analytical procedures to identify any unusual or unexpected relationships;

• Reviewed journal entries to identify unusual transactions;

• Carried out substantive testing of expenditure;

• Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

• Investigated the rationale behind significant or unusual transactions, if any.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

• Agreeing accounts disclosures to underlying supporting documentation;

• Reading the minutes of meetings of trustees; and

• Enquiring of as to actual and potential litigation and claims.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

26 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Independent auditor’s report 31 December 2024

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008 and Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Buzzacott Audit LLP Statutory Auditor 130 Wood Street London EC2V 6DL

Date: 29 October 2025

Buzzacott Audit LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

27 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Consolidated statement of financial activities Year to 31 December 2024

Notes	Un restricted funds £	Restricted funds £	Total funds 2024 £	Un restricted funds £	Restricted funds £	Total funds 2023 £
Income from: Donations and legacies 1 Other trading activities 2 Investments and interest receivable 3 Charitable activities . Enrichment activities . Youth education 4 Other sources . Surplus on the Sale of Fixed Assets Total income Expenditure on: Raising funds 5 Charitable activities . Enrichment projects 6 . Youth activities 7 . Support of members of the Congregation and their ministry 8 . Donations and support of overseas missions 9 Foreign exchange losses Total expenditure Net income (expenditure) for the year before investment gains 11 Net gains on investments . Listed investments 15a . Insurance bonds 15b Net income (expenditure) Transfers between funds 18 Net movement in funds Reconciliation of funds: Fund balances brought forward at 1 January 2024 Fund balances carried forward at 31 December 2024	1,644,029 208,620 360,425 — 40,845 5,740	166,640 — — 311,244 — —	1,810,669 208,620 360,425 311,244 40,845 5,740	1,439,521 159,647 319,958 — 47,083 —	52,784 — — 113,818 — —	1,492,305 159,647 319,958 113,818 47,083 —
	2,259,659	477,884	2,737,543	1,966,209	166,602	2,132,811
	58,858 54,908 85,511 1,946,277 134,219 4,731	— 195,015 9,000 — 93,298 —	58,858 249,923 94,511 1,946,277 227,517 4,731	62,445 24,500 70,133 1,533,627 152,791 760	— 211,826 8,147 — 50,756 —	62,445 236,326 78,280 1,533,627 203,547 760
	2,284,504	297,313	2,581,817	1,844,256	270,729	2,114,985
	(24,845)	180,571	155,726	121,953	(104,127)	17,826
	39,454 5,866	— —	39,454 5,866	101,621 5,182	— —	101,621 5,182
	45,320	—	45,320	106,803	—	106,803
	20,475 168,323	180,571 (168,323)	201,046 —	228,756 —	(104,127) —	124,629 —
	188,798 13,497,807	12,248 174,770	201,046 13,672,577	228,756 13,269,051	(104,127) 278,897	124,629 13,547,948
	13,686,605	187,018	13,873,623	13,497,807	174,770	13,672,577

All of the group’s activities derived from continuing operations during the above two financial years.

The group has no recognised gains and losses other than those shown in the statement of financial activities above and, therefore, no separate statement of total recognised gains and losses has been presented.

28 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Charity statement of financial activities Year to 31 December 2024

Notes		Un restricted funds £ 1,633,345 172,722 358,936 60,000 5,740 2,230,743 54,738 60,000 1,946,277 172,234 4,731	Restricted funds £ 152,090 — — — — 152,090 — — — 93,298 —	Total funds 2024 £ 1,785,435 172,722 358,936 60,000 5,740 2,382,833 54,738 60,000 1,946,277 265,532 4,731	Un restricted funds £ 1,433,777 133,100 319,613 60,000 — 1,946,490 58,545 60,000 1,533,627 189,761 760	Restricted funds £ 38,909 — — — — 38,909 — — — 50,756 —	Total funds 2023 £
							1,472,686 133,100 319,613 60,000 —
							1,985,399
							58,545 60,000 1,533,627 240,517 760
		2,237,980	93,298	2,331,278	1,842,693	50,756	1,893,449
		(7,237)	58,792	51,555	103,797	(11,847)	91,950
		39,454 5,866	— —	39,454 5,866	101,621 5,182	— —	101,621 5,182
		45,320	—	45,320	106,803	—	106,803
		38,083 48,498	58,792 (48,498)	96,875 —	210,600 —	(11,847) —	198,753 —
		86,581 13,385,553	10,294 32,081	96,875 13,417,634	210,600 13,174,953	(11,847) 43,928	198,753 13,218,881
		13,472,134	42,375	13,514,509	13,385,553	32,081	13,417,634

All of the charity’s activities derived from continuing operations during the above two financial years.

The charity has no recognised gains and losses other than those shown in the statement of financial activities above and, therefore, no separate statement of total recognised gains and losses has been presented.

29 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Balance sheets Year to 31 December 2024

Notes	Group	Group	Charity	Charity
	2024 £	2023 £	2024 £	2023 £
Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand Creditors: amounts falling due within one year 17 Net current assets Total net assets Represented by: Restricted funds 18 Unrestricted funds . Designated funds 19 . Tangible fixed assets fund 20 . General funds	2,633,537 10,117,002	2,518,063 10,021,627	2,628,049 10,117,002	2,510,066 10,021,627
	12,750,539	12,539,690	12,745,051	12,531,693
	180,613 1,096,215	148,418 1,110,128	172,993 737,190	146,136 851,294
	1,276,828 (153,744)	1,258,546 (125,659)	910,183 (140,725)	997,430 (111,489)
	1,123,084	1,132,887	769,458	885,941
	13,873,623	13,672,577	13,514,509	13,417,634
	187,018 8,907,761 2,633,537 2,145,307	174,770 8,820,002 2,518,063 2,159,742	42,375 8,907,761 2,628,049 1,936,324	32,081 8,820,002 2,510,066 2,055,485
	13,686,605 13,873,623	13,497,807 13,672,577	13,472,134 13,514,509	13,385,553 13,417,634

The accounts were approved by the trustees and signed on their behalf by:

Tr ustee: Ugochukwu Ikwuka Approved on: 27 October 2025

30 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Consolidated statement of cash flows Year to 31 December 2024

Notes	2024 £ (134,164) 360,425 17,127 (207,246) 351,178 (385,591) 135,893 1,729 1,157,212 1,158,941	2023 £ (213,128) 319,958 4,000 (83,005) 600,865 (649,295) 192,523 (20,605) 1,177,817 1,157,212
Cash flows from operating activities: Net cash used in operating activities A Cash flows from investing activities: Investment income and interest received Proceeds from the disposal of tangible fixed assets Purchase of tangible fixed assets Proceeds from the disposal of listed investments Purchase of listed investments Net cash provided by investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at 1 January 2024 B Cash and cash equivalents at 31 December 2024 B

Notes to the statement of cash flows for the year to 31 December 2024

A Reconciliation of net income to net cash flows from operating activities

	2024 £	2023 £
Net income (as per the statement of financial activities) Adjustments for: Depreciation charge Gains on investments Investment income and interest receivable Surplus on disposal of tangible fixed assets Increase in debtors Increase in creditors Net cash used in operating activities	201,046 80,385 (45,320) (360,425) (5,740) (32,195) 28,085	124,629 53,616 (106,803) (319,958) — (11,485) 46,872
	(134,164)	(213,129)

B Analysis of cash and cash equivalents

		2024 £ 1,096,215 62,726 1,158,941	2023 £ 1,110,129 47,084 1,157,212
Cash at bank and in hand Cash held by investment managers Total cash and cash equivalents
Analysis of changes in net debt	At 1 January 2024 £	Cash flows £ 1,729	At 31 December 2024 £ 1,158,941
Cash at bank and in hand	1,157,212

C Analysis of changes in net debt

No separate reconciliation of net debt has been prepared as the group held no external debt finance at either the start or the end of the financial year, and therefore there is no difference between the net cash (debt) of the charity and the above cash and cash equivalents.

31 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the accounts are laid out below.

Basis of preparation

These accounts have been prepared for the year to 31 December 2024. Comparative information is provided in respect to the year to 31 December 2023.

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 102) and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

The accounts are presented in sterling and are rounded to the nearest pound.

Critical accounting estimates and areas of judgement

Preparation of the accounts requires the trustees and management to make significant judgements and estimates.

The items in the accounts where these judgements and estimates have been made include:

• assessing the probability of the receipt of legacy income;

• estimating the useful economic life of tangible fixed assets for the purposes of calculating the depreciation charge;

• estimating the open market value of investment properties; and

• determining the value of designated funds needed at the year-end, in particular in respect to the assumptions made in determining the value of the retirement fund.

Assessment of going concern

The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of at least one year from the date of approval of these accounts.

The trustees are of the opinion that the charity and group will have sufficient resources to meet their liabilities as they fall due. The most significant areas of judgement that affect items in the accounts are detailed above. With regard to the next accounting period, the year ending 31 December 2025, the most significant areas that affect the carrying value of the assets held by the charity are the level of investment return and the performance of the investment markets (see the investment policy and the risk management sections of the trustees’ report for more information).

The trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity and group to continue as a going concern.

32 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

Basis of consolidation

The consolidated statement of financial activities and group balance sheet consolidate the accounts of The Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province and its subsidiary charities, Just Youth and Revive CIO, made up at the balance sheet date.

Income recognition

Income is recognised in the period in which the charity has entitlement to the income, the amount of income can be measured reliably and it is probable that the income will be received.

Income is deferred only when the group or charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future accounting period.

Income comprises donations and legacies, income from trading activities, investment income and interest receivable, income from charitable activities and other income including foreign exchange gains, and the surplus on disposal of tangible fixed assets.

Donations, including salaries and pensions of individual religious received under Gift Aid or deed of covenant, are recognised when the charity has confirmation of both the amount and settlement date. In the event of donations pledged but not received, the amount is accrued for where the receipt is considered probable. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

In accordance with the Charities SORP FRS 102 volunteer time is not recognised.

Legacies are included in the statement of financial activities when the charity is entitled to the legacy, the executors have established that there are sufficient surplus assets in the estate to pay the legacy, and any conditions attached to the legacy are within the control of the charity.

Entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, but the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title of the asset having being transferred to the charity.

Income from other trading activities comprises income from fundraising activities and the lottery organized by Just Youth. Income from the lottery is included in the accounts when the lottery is drawn with income being deferred until such time as the draw takes place. Income from other fundraising events and appeals is included in the accounts when the income is received or when it is probable that income will be received and when it can be measured reliably.

33 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

Income recognition (continued)

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Income from investment properties comprises rent receivable and it is recognised in the statement of financial activities when due under tenancy or lease agreements.

Income from charitable activities included fees and related income in respect to the provision of charitable work are measured at the fair value of the consideration received or receivable, excluding discounts or rebates.

The surplus on the disposal of tangible fixed assets is calculated as the difference between the sale proceeds net of sale costs and the net book value of the asset immediately prior to disposal. It is accounted for once legal completion of the disposal has taken place.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the group or charity to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. Expenditure comprises direct costs and support costs. All expenses, including support costs, are allocated or apportioned to the applicable expenditure headings. The classification between activities is as follows: Expenditure comprises the following:

• a) Expenditure on raising funds includes salaries, direct costs and overheads incurred in order to generate donated income and holding fundraising events. The fees paid to investment managers in connection with the management of the group's and charity's investments are included here also.

• b) Expenditure on charitable activities comprises the following:

Expenditure incurred in the provision of Enrichment Projects including costs of providing travel, courses and support to youths at the Revive Centre in Salford.

Expenditure on youth projects and the work of the charitable subsidiary Just Youth.

Expenditure on the support of members of the Congregation and their ministry which allows members to carry out the work of the charity in providing spiritual welfare to Roman Catholics through saying masses, administering sacraments and other spiritual support and guidance as well as the relief of poverty and addiction.

The provision of donations and financial support to the Congregation’s overseas missions.

All expenditure is stated inclusive of irrecoverable VAT.

34 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

Allocation of support and governance costs

Support costs represent indirect charitable expenditure. In order to carry out the primary purposes of the charity it is necessary to provide support in the form of personnel development, financial procedures, provision of office services and equipment and a suitable working environment.

Governance costs comprise the costs involving the public accountability of the charity (including audit costs) and costs in respect to its compliance with regulation and good practice.

Support costs and governance costs are allocated based on an estimate of the time members spend on each activity.

Tangible fixed assets and depreciation

All assets costing more than £1,500 and with expected useful life exceeding one year are capitalised.

• a) Freehold land and buildings

Freehold land and buildings are used wholly or mainly for private residential accommodation are stated at cost, or where cost is not available, at trustees' valuations made in 2001 and 2013. Such buildings are not depreciated. Their value and condition are reviewed annually by the trustees, who are satisfied that their residual value is not materially different from their book value. As permitted by FRS 102, with effect from 1 January 2014 the values assigned to properties held at that date are now deemed their cost.

Assets donated to the charity for its own use are included as part of income in the year of the gift. Assets falling within the definition of tangible fixed assets are capitalised on the charity’s balance sheet and depreciated in accordance with the appropriate policy. Other assets are treated as expenditure in the year of the gift.

• b) Computers, furniture and equipment

Expenditure on the purchase and replacement of computers, furniture and equipment is capitalised and depreciated over a four-year period on a straight-line basis.

• c) Motor vehicles

Motor vehicles are capitalised and depreciated over a four-year period on a straight-line basis, in order to write off the cost of each vehicle over its estimated useful life.

Investments

Listed investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price.

The charity does not acquire put options, derivatives or other complex financial instruments.

As noted above the main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

35 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

Investments (continued)

The valuation of investment properties (i.e. those not occupied by Spiritans and rented out to third parties at a commercial rent), is based on current open market valuation. These properties are not depreciated.

Realised gains (or losses) on investment assets are calculated as the difference between disposal proceeds and their opening carrying value or their purchase value is acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value at that date. Realised and unrealised investment gains (or losses) are combined in the statement of financial activities and are credited (or debited) in the year in which they arise.

Debtors

Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid. They have been discounted to the present value of the future cash receipt where such discounting is material.

Cash at bank and in hand

Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. Deposits for more than three months but less than one year have been disclosed as short-term deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.

Creditors and provisions

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the charity anticipates it will pay to settle the debt. They have been discounted to the present value of the future cash payment where such discounting is material.

Fund structure

Restricted funds are monies raised for, and their used restricted to, a specific purpose, or donations subject to donor imposed conditions.

Designated funds are monies set aside of unrestricted general funds and designated for specific purposes by the trustees.

The tangible fixed assets fund comprises the net book value of charity’s tangible fixed assets, the existence of which is fundamental to the charity being able to perform its charitable work and thereby achieve its charitable objectives. The value represented by such assets should not be regarded, therefore, as realisable.

General funds represent those monies that are freely available for application towards achieving any charitable purpose that fall within the charity's charitable objects.

Services provided by members of the Congregation

For the purpose of these accounts, no value has been placed on the administrative and other services provided by members of the Congregation.

36 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Principal accounting policies 31 December 2024

Leased assets

Rentals applicable to operating leases where substantially all the benefits and risks of the ownership remain with the lessor are charged on a straight line basis over the lease term.

Pension costs

Contributions in respect of defined contribution pension schemes are charged to the statement of financial activities when they are payable to the scheme. The group’s and charity’s contributions are restricted to the contributions disclosed in note 12. There were no outstanding contributions at the year end. The charity has no liability beyond making its contributions and paying across the deductions for the employees’ contributions.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling date at the date of transaction. Exchange differences are recognised in the statement of financial activities.

37 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

1 Income from: donations and legacies

Group	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £	Total funds 2023 £ 641,231 784,979 — 66,095 1,492,305 Total funds 2023 £ 641,231 765,360 — 66,095 1,472,686
Salaries and pensions of individual religious received under Gift Aid or Deed of Covenant Other donations Grants Legacies Total funds	745,025 772,491 — **126,513 **	— 96,640 70,000 —	745,025 869,131 70,000 126,513	641,231 732,195 — 66,095	— 52,784 — —
	**1,644,029 **	166,640	1,810,669	1,439,521	52,784
Charity	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £
Salaries and pensions of individual religious received under Gift Aid or Deed of Covenant Other donations Grants Legacies Total funds	745,025 761,807 — 126,513	— 82,090 70,000 —	745,025 843,897 70,000 126,513	641,231 726,451 — 66,095	— 38,909 — —
	1,633,345	152,090	1,785,435	1,433,777	38,909

2 Income from: other trading activities

Group	Unrestricted	Unrestricted
	Total 2024 £	Total 2023 £
Fundraising and appeals Rent Missionwide subscriptions Lottery Raffles and charity shop Car park income Total funds	135,718 10,060 2,713 11,900 30,229 18,000	88,092 10,853 3,360 12,430 29,912 15,000
	208,620	159,647
Charity	Unrestricted
	Total 2024 £	Total 2023 £
Fundraising and appeals Rent Missionwide subscriptions Lottery Raffles and charity shop Total funds	123,169 10,060 2,713 6,551 30,229	84,950 7,853 3,360 7,026 29,911
	172,722	133,100

38 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

3 Investment income and interest receivable

	Unrestricted	Unrestricted	Unrestricted	Unrestricted
	Group		Charity
	Total 2024 £	Total 2023 £	Total 2024 £	Total 2023 £
Income from listed investments . UK equities . UK fixed interest . UK unit trusts . Overseas equities . Overseas fixed interest . Overseas unit trusts . Alternative investments . Property Interest receivable . Bank and loan interest Income from investment properties Total	17,965 2,220 740 3,955 21,150 14,624 9,550 7,178	15,077 1,983 712 2,663 18,309 7,161 8,287 6,353	17,965 2,220 740 3,955 21,150 14,624 9,550 7,178	15,077 1,983 712 2,663 18,309 7,161 8,287 6,353
	77,382	60,545	77,382	60,545
	7,674	5,626	6,185	5,281
	275,369	253,787	275,369	253,787
	360,425	319,958	358,936	319,613

4 Income from charitable activities: Youth education

Group	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £	Total funds 2023 £
Service level agreements . Chaplaincy agreements with schools .. Regular .. Ad-hoc Total funds	32,850 7,995	— —	32,850 7,995	32,683 14,400	— —	32,683 14,400
	40,845	—	40,845	47,083	—	47,083

5 Expenditure on: Raising funds

Expenditure on: Raising funds
Group	Unrestricted
	Total 2024 £	Total 2023 £
Fundraising trading . Lottery . Mission appeals . Raffles and charity shop Investment management fees Governance (note 10) Total funds	7,319 4,624 6,641 19,785 20,489	6,600 15,253 4,498 19,501 16,593
	58,858	62,445

39 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

5 Expenditure on: Raising funds (continued)

Expenditure on: Raising funds(continued)
Charity	Unrestricted
	Total 2024 £	Total 2023 £
Fundraising trading . Lottery . Mission appeals . Raffles and charity shop Investment management fees Governance (note 10) Total funds	3,219 4,624 6,641 19,785 20,489	2,700 15,253 4,498 19,501 16,593
	54,738	58,545

6 Expenditure on charitable activities: Enrichment projects

Group	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £	Total funds 2023 £
Total funds	54,908	195,015	249,923	24,500	211,826	236,326

7

Group		Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £	Total funds 2023 £
Activity leaders and coordinators Residential workers’ food and expenses Premises Materials, resources and training Travel and motor Cost of activities and outings Promotion of youth activities Legal and professional fees Total funds		12,154 19,514 27,050 9,942 10,624 579 — 5,648	— 2,189 — 5,568 — — 167 1,076	12,154 21,703 27,050 15,510 10,624 579 167 6,724	11,047 17,515 22,727 3,927 8,807 81 — 6,029	— 1,545 179 6,072 202 — 149 —	11,047 19,060 22,906 9,999 9,009 81 149 6,029
		85,511	9,000	94,511	70,133	8,147	78,280

8 Expenditure on charitable activities: Support of members of the Congregation and their ministry

ministry
Group and charity	Unrestricted
	Total 2024 £	Total 2023 £
Premises Members’ personal expenses Education, training and spiritual renewal Other expenses, including mission awareness Governance (note 10)	420,692 1,226,143 57,961 9,275 232,206	325,847 974,463 32,717 12,541 188,059
	1,946,277	1,533,627

40 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

9 Expenditure on charitable activities: Donations and support of overseas missions

Group	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds £	Total funds 2023 £
General donations Donations to the missions Governance (note 10) Total funds	14,457 99,273 20,489	— 93,298 —	14,457 192,571 20,489	26,541 109,657 16,593	— 50,756 —	26,541 160,413 16,593
	134,219	93,298	227,517	152,791	50,756	203,547
Charity	Unrestricted funds £	Restricted funds £	Total funds 2024 £	Unrestricted funds £	Restricted funds) £	Total funds 2023 £
General donations Donations to the missions Donations to Just Youth Donations to Revive CIO Governance (note 10) Total funds	14,457 99,273 38,015 — 20,489	— 93,298 — — —	14,457 192,571 38,015 — 20,489	26,541 109,657 29,220 7,750 16,593	— 50,756 — — —	26,541 160,413 29,220 7,750 16,593
	172,234	93,298	265,532	189,761	50,756	240,517

10 Governance costs

Governance costs
Group	Unrestricted
	Total 2024 £	Total 2023 £
Legal and professional fees Central administration Bank charges	102,480 160,461 10,243	100,617 115,748 4,880
	273,184	221,245

11 Net income (expenditure) for the year before investment gains This is stated after charging:

Group	Total funds 2024 £	Total funds 2023 £
Staff costs (note 12) Operating lease rentals Auditor’s remuneration . Statutory audit services – charity .. Current year .. Prior year . Statutory audit services – subsidiaries .. Current year .. Prior year Depreciation (note 14)	276,326 35,225 14,400 6,564 5,474 6,258 80,385	258,638 44,469 13,080 2,900 6,288 2,700 53,616

41 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

11 Net income (expenditure) for the year before investment gains (continued)

Charity	Total funds 2024 £	Total funds 2023 £
Staff costs (note 12) Operating lease rentals Auditor’s remuneration . Statutory audit services .. Current year .. Prior year Depreciation (note 14)	157,225 32,563 14,400 6,564 75,080	134,335 42,354 13,080 2,900 44,805

12 Staff costs and remuneration of key management personnel

Staff costs and remuneration of key management personnel
Group		Total funds 2024 £	Total funds 2023 £
Staff costs during the year were as follows: Wages and salaries Social security costs Pension costs Staff costs per function were as follows: Youth and enrichment projects Support of the members of the Congregation and their ministry		259,218 8,268 8,840	243,035 7,047 8,556
		276,326	258,638
		119,101 157,225	124,303 134,335
		276,326	258,638
Charity		Total funds 2024 £	Total funds 2023 £ 126,644 3,353 4,338 134,335
Staff costs during the year were as follows: Wages and salaries Social security costs Pension costs		147,294 5,044 4,888
		157,225

There were no employees who earned more than £60,000 per annum (including benefits) during the year (2023 - none).

The average number of employees, analysed by function, was as follows:

Group	Total 2024 6 9 15	Total 2023 6 9 15
Youth and enrichment projects Support of the members of the Congregation and their ministry

The key management personnel in charge of directing and controlling, running and operating the group and charity on a day-to-day basis comprise the trustees.

As members of the Congregation, the trustees' living and personal expenses during the year were borne by the charity, but they received no remuneration or reimbursement of expenses in connection with their duties as trustees or members of key management personnel during the year (2023 - £nil).

42 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

12 Staff costs and remuneration of key management personnel (continued)

The key management personnel of the subsidiary charities, Just Youth and Revive CIO, comprise their respective trustees. None of the trustees of Just Youth or Revive CIO received any remuneration during the year (2023 - £nil).

As members of the Congregation, none of the trustees have resources of their own as all earnings, pensions and other income have been donated to the charity under a Gift Aid compliant Deed of Covenant. During the year, the total donated by the trustees was £10,900 (2023 - £11,020).

13 Taxation

The Congregation of the Holy Spirit and the Immaculate Heart of Mary, Just Youth and Revive CIO are all registered charities and therefore are not liable to income tax or corporation tax on income derived from their charitable activities, as it falls within the various exemptions available to registered charities.

14 Tangible fixed assets

Tangible fixed assets
Group	Freehold land and buildings £	Computers, furniture and equipment £	Motor vehicles £	Total £
Cost At 1 January 2024 Additions Disposals At 31 December 2024 Depreciation At 1 January 2024 Charge for the year Disposals At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023	2,420,542 42,000 —	206,297 53,903 —	234,940 111,343 (41,035)	2,861,779 207,246 (41,035)
	2,462,542	260,200	305,248	3,027,990
	— — —	172,148 27,493 —	171,568 52,892 (29,648)	343,716 80,385 (29,648)
	—	199,641	194,812	394,453
	2,462,542	60,559	110,436	2,633,537
	2,420,542	34,149	63,372	2,518,063

43 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

14 Tangible fixed assets (continued)

Tangible fixed assets(continued)
Charity	Freehold land and buildings £	Computers, furniture and equipment £	Motor vehicles £	Total £
Cost At 1 January 2024 Additions Disposals At 31 December 2024 Depreciation At 1 January 2024 Charge for the year Disposals At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023	2,420,542 42,000 —	183,548 51,107 —	222,445 111,343 (41,035)	2,826,535 204,450 (41,035)
	2,462,542	234,655	292,753	2,989,950
	— — —	157,396 22,188 —	159,073 52,892 (29,648)	316,469 75,080 (29,648)
	—	179,584	182,317	361,901
	2,462,542	55,071	110,436	2,628,049
	2,420,542	26,152	63,372	2,510,066

A number of freehold and long leasehold properties are held at book values based on valuations made in 2001 and 2003. As permitted under the transitional provisions of FRS 102 (section 35), the group and charity have elected to use these valuations as deemed cost.

The remaining properties and other tangible fixed assets are held at cost less accumulated depreciation where applicable.

It is likely that there are material differences between the open market values of the charity’s land and buildings and their book values. These arise from the specialised nature of some properties and the effects of inflation. The amount of such differences cannot be ascertained without incurring significant costs, which, in the opinion of trustees, is not justified in terms of the benefit to the users of the accounts.

44 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

15 Investments

Group and charity Listed investments and cash held for re-investment (note a) Insurance bonds (note b) Investment properties (note c) Investment in subsidiary undertakings (note d)	Total 2024 £ 3,031,303 130,699 6,955,000 — 10,117,002	Total 2023 £ 2,941,794 124,833 6,955,000 — 10,021,627

a.	Listed investments and cash held for re-investment Group and charity	Total 2024 £	Total 2023 £
	Listed investments Market value at 1 January 2024 Additions at cost Disposals at book value (see below) Net unrealised gains Market value at 31 December 2024 Cash held by investment managers for re-investment Cost of listed investments at 31 December 2024	2,894,710 385,591 (315,815) 4,091	2,744,659 649,295 (517,937) 18,693
		2,968,577 62,726	2,894,710 47,084
		3,031,303	2,941,794
		2,729,707	2,597,065

Disposals at book value included above are made up of the following:

Group and charity	Total 2024 £ 351,178 (35,363) 315,815	Total 2023 £ 600,865 (82,928) 517,937
Proceeds Gains Disposals at book value

Listed investments held at 31 December 2024 comprised the following:

Group and charity	Total 2024 £ 517,835 150,332 86,988 648,838 569,683 423,772 312,665 142,058 116,406 2,968,577	Total 2023 £ 592,310 81,316 157,386 591,422 604,889 350,729 103,934 300,934 111,790 2,894,710
UK equities UK unit trusts UK fixed interest Overseas equities Overseas fixed interest Overseas unit trusts Property Alternative assets Emerging economies

45 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

15 Investments (continued)

b. Insurance bonds

Insurance bonds
Group and charity	Total 2024 £	Total 2023 £
Market value at 1 January 2024 Unrealised gains Market value at 31 December 2024	124,833 5,866	119,651 5,182
	130,699	124,833
Investment properties Group and charity	Total 2024 £	Total 2023 £
At 1 January 2024 and at 31 December 2024	6,955,000	6,955,000

• c. Investment properties

The freehold properties are stated at their fair value based on open market value, which has been determined by the trustees with professional assistance provided by estate agents local to the properties concerned.

Investment properties comprise the following:

• Land and buildings at 6 Woodlands Road, Bickley. This property is included on the balance sheet at £6,000,000.

• Land and buildings at 41 Elizabeth Road, Huyton. This property is included on the balance sheet at £90,000.

• Land and buildings at 3 Parkside Mews, Whitefield. This property is included on the balance sheet at £295,000.

• Land and buildings at 3 Kynaston Road, Bromley. This is included on the balance sheet at £570,000.

• d. Investment in subsidiary undertakings

Just Youth, a charity constituted as a charitable trust and registered in England and Wales (Charity Registration Number 1072491) is controlled by the charity by virtue of the fact that it has the same trustees, shares administrative services and carries out work consistent with, and supplementary to, the charity.

46 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

15 Investments (continued)

d. Investment in subsidiary undertakings (continued)

The following is a summary of the accounts of Just Youth for the year ended 31 December 2024, which have been included in the consolidated accounts.

	Total 2024 £	Total 2023 £
Income Expenditure Net movement in funds Total funds brought forward Total funds carried forward	159,338 (158,631)	144,918 (142,180)
	707 75,208	2,738 72,470
	75,915	75,208

Revive CIO, a charity constituted as a Charitable Incorporated Organisation and registered in England and Wales (Charity Registration Number 1183006) is controlled by the charity by virtue of the fact that it has the same Chair of Trustees (2023 – The entire Board of Trustees ), shares administrative services and carries out work consistent with, and supplementary to, the charity.

The following is a summary of the accounts of Revive CIO for the year ended 31 December 2024, which have been included in the consolidated accounts.

	Total Year to 31 December 2024 £	Total Year to 31 December 2023 £
Income Expenditure Net movement in funds Total funds brought forward Total funds carried forward	353,387 (249,923)	159,464 (236,326)
	103,464 179,735	(76,862) 256,597
	283,199	179,735

16 Debtors

Debtors
	Group		Charity
	2024 £	2023 £	2024 £	2023 £
Amounts due from other Spiritan bodies Accrued income Other debtors and prepayments	154,672 8,461 17,480	137,131 7,925 3,362	154,672 8,461 9,860	137,131 7,925 1,080
	180,613	148,418	172,993	146,136

47 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

17 Creditors: amounts falling due within one year

	Group	Group	Charity	Charity
	2024 £	2023 £	2024 £	2023 £
Deferred income Accruals Monies administered on behalf of members of the Congregation Other creditors	262 42,155 40,972 70,355	375 37,429 6,084 81,771	— 31,598 40,972 68,155	— 25,334 6,084 80,071
	153,744	125,659	140,725	111,489

Deferred income comprises grant income received in advance.

	Group	Group	Charity	Charity
	2024 £	2023 £		2023 £
	375 (375) 262	375 (375) 375		— — —

18 Restricted funds

The income funds of the group and charity include restricted funds comprising the following unexpended balances of donations and grants held on trusts to be applied for specific purpose.

Group	At 1 January 2024 £	Income £ 41,241 316,794 9,000 40,849 70,000 477,884	Expenditure £ (46,343) (195,015) (9,000) (46,955) — (297,313)	Transferred/ Utilised £ (18,470) (119,825) — 11,972 (42,000) (168,323)	At 31 December 2024 £
Mission aid specific appeals Revive – enrichment projects Just Youth - Outreach Programme City of Angels Specific Projects	31,119 142,689 — 962 —				7,547 144,643 — 6,828 28,000
	174,770				187,018
Charity	At 1 January 2024 £	Income £ 41,241 40,849 70,000 152,090	Expenditure £ (46,343) (46,955) — (93,298)	Transferred/ Utilised £ (18,470) 11,972 (42,000) (48,498)	At 31 December 2024 £ 7,547 6,828 28,000 42,375
Mission aid specific appeals City of Angels Specific Projects	31,119 962 —
	32,081

The specific purposes for which the funds are to be applied are as follows:

Mission aid specific appeals fund

The mission aid specific appeals fund comprised donations that have been raised through appeals for specific charitable projects.

Revive - enrichment projects fund

This fund comprises donations and grants towards specific aspects of the enrichment projects. Transfers have been made to reflect the utilisation of the funds in prior year which had not been allocated against the restricted funds at the time of the expenditure being incurred.

48 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

18 Restricted funds (continued)

Just Youth – Outreach programme fund

This fund comprises grants towards the integration of young people into the local community and to provide a safe space for their holistic development.

City of Angels fund

This fund comprises donations raised for the Congregation’s mission in Brazil.

Specific Projects fund

This fund comprises restricted donations and grants received for specific projects to be completed in the following period.

19 Designated funds

The funds of the group and charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Group and charity	At 1 January 2024 £	New designations £	Transferred/ utilised in the year £	At 31 December 2024 £
Retirement fund Overseas retirement fund Homeless and alcoholics fund Healthcare fund	7,910,000 495,000 385,002 30,000	— 82,500 5,259 —	— — — —	7,910,000 577,500 390,261 30,000
	8,820,002	87,759	—	8,907,761
Groupand charity	At 1 January 2023 £	New designations £	Transferred/ utilised in the year £	At 31 December 2023 £
Retirement fund Overseas retirement fund Homeless and alcoholics fund Healthcare fund	7,710,000 428,000 366,352 30,000	200,000 67,000 18,650 —	— — — —	7,910,000 495,000 385,002 30,000
	8,534,352	285,650	—	8,820,002

Retirement fund

The retirement fund is set aside by the trustees to look after the priests in their retirement.

Overseas retirement fund

The retirement fund is set aside by the trustees to look after the overseas priests in their retirement.

Homeless and alcoholics fund

The homeless and alcoholics fund represents monies set aside by the trustees to be used for the aid of the homeless and alcoholics.

Healthcare fund

The healthcare funds are monies set aside by the trustees to look after the priests' health.

49 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

20 Tangible fixed asset fund

Tangible fixed asset fund
Group	At 1 January 2024 £	Movement in year £	At 31 December 2024 £
Tangible fixed assets fund	2,518,063	115,474	2,633,537
Group	At 1 January 2023 £	Movement in year £	At 31 December 2023 £
Tangible fixed assets fund	2,492,673	25,390	2,518,063
Charity	At 1 January 2024 £	Movement in year £	At 31 December 2024 £
Tangible fixed assets fund	2,510,066	117,983	2,628,049
Charity	At 1 January 2023 £	Movement in year £	At 31 December 2023 £
Tangible fixed assets fund	2,480,253	29,813	2,510,066

The tangible fixed assets fund represents the net book value of the charity’s tangible fixed assets used for the support of the members of the Congregation and their ministry. A decision was made to separate this fund from the general fund in recognition of the fact that the assets are used in the day to day work of the group and charity, and the fund value would not be realisable easily if needed to meet future contingencies.

21 Analysis of net assets between funds

Group	General funds £	Designated funds £	Tangible fixed assets fund £	Restricted funds £	Total 2024 £
Fund balances at 31 December 2024 are represented by: Fixed assets Investments Current assets Creditors: amounts falling due within one year Total net assets	— 1,629,502 669,549 (153,744)	— 8,487,500 420,261 —	2,633,537 — — —	— — 187,018 —	2,633,537 10,117,002 1,276,828 (153,744)
	2,145,307	8,907,761	2,633,537	**187,018 **	13,873,623

50 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

21 Analysis of net assets between funds (continued)

Group	General funds £	Designated funds £	Tangible fixed assets fund £	Restricted funds £	Total 2023 £
Fund balances at 31 December 2023 are represented by: Fixed assets Investments Current assets Creditors: amounts falling due within one year Total net assets	— 1,816,627 468,774 (125,659)	— 8,205,000 615,002 —	2,518,063 — — —	— — 174,770 —	2,518,063 10,021,627 1,258,546 (125,659)
	2,159,742	8,820,002	_2,518,063 _	174,770	13,672,577
Charity	General funds £	Designated funds £	Tangible fixed assets fund £	Restricted funds £	Total 2024 £ 2,628,049 10,117,002 910,183 (140,725) 13,514,509
Fund balances at 31 December 2024 are represented by: Fixed assets Investments Current assets Creditors: amounts falling due within one year Total net assets	— 1,629,502 447,547 (140,725)	— 8,487,500 420,261 —	2,628,049 — — —	— — 42,375 —
	1,936,324	8,907,761	2,628,049	**42,375 **
Charity	General funds £	Designated funds £	Tangible fixed assets fund £	Restricted funds £	Total 2023 £ 2,510,066 10,021,627 997,430 (111,489) 13,417,634
Fund balances at 31 December 2023 are represented by: Fixed assets Investments Current assets Creditors: amounts falling due within one year Total net assets	— 1,816,627 350,347 (111,489)	— 8,205,000 615,002 —	2,510,066 — — —	— — 32,081 —
	2,055,485	8,820,002	2,510,066	32,081

The total unrealised gains as at 31 December 2024 constitute a revaluation reserve as defined by the Charities SORP FRS 102. Movements in unrealised gains during the year were as follows:

	Total 2024 £	Total 2023 £
Unrealised gains included above: On listed investments On insurance bonds On investment property Total unrealised gains at 31 December 2024 Reconciliation of movement in unrealised gains Unrealised gains at 1 January 2024 Gains in respect to disposals in the year Net gains arising on revaluation arising in the year Total unrealised gains at 31 December 2024	238,870 55,699 4,526,064 4,820,633 4,873,542 (98,229) 45,320 4,820,633	297,645 49,833 4,526,064
		4,873,542
		4,790,717 (23,978) 106,803
		4,873,542

51

Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province

Notes to the accounts 31 December 2024

22 Leasing commitments

At 31 December 2024, the group had total future commitments under non-cancellable operating leases as follows:

operating leases as follows:
Group	Motor vehicles
	2024 £	2023 £
Payable: Within one year Between two to five years	13,362 —	30,567 13,362
	13,362	43,929
Charity	Motor vehicles
	2024 £	2023 £
Payable: Within one year Between two to five years	11,003 —	29,623 11,003
	11,003	40,626

23 Related party transactions

In accordance with the exemption available under paragraph 33.1A of FRS102, the charity has elected not to disclose transactions between the charity and its wholly owned subsidiaries.

With the exception of the transactions with trustees disclosed in note 12, there are no related party transactions requiring disclosure (2023 – none).

52 Congregation of the Holy Spirit and the Immaculate Heart of Mary, British Province