So¢iety of All Saints
Registered Charlty No: 228383
Accounts
for the year ended
5th Aprfl 2024
Wonn T¢wnsend
Charteréd A¢¢ountants
Oxford

Society of All Salnts
Community Leader:
Sister Jane
I Saints
15A Magdalen Road
Oxford
OX41RW
Trustees:
MrNEBell
Rev Dr A Allen
Ms H MerringloTr4Rusl
Ms J Lyle
Soll¢ltors:
HMG Law LLP
126 High Street
Oxford
OX14DG
Auditors..
Wenn Townsend
30 St. Glles.
Oxford
OX1 3LE
Banker5:
The Co-operallve Bank plc
Investment Managers:
The Central Board of Finance of the
Church of England
1 Angel Lane
London EC4R 3AB
Regist•rèd Charity Number:
228383

So¢lety of All Salnts
Trustees, Report
for the year ended 5th April 2024
Reference and administrative details- se@ Page 1
Structure, Governan¢e and Management
Govemin
Document
The constitution under which the Society operates has its origins in the original slalules drawn up in 1859 and was
last amended in 2017. The Chapter (Sisters of the Community} is responsible for decisions on undertaking or
relinquishin9 important activities and thus strategy is in the hands of the Sisters. The Twslees are responsible for
holding and investing the assets of the comtnunity.
ointment of Trust
The number of the Trustees shall not al any time be more than slx nor less than three, followng a conslitulional
amendment passed in 2009.
Any of the Trustees who is an individual shall be a Chrislran of good standing in their own community of faith.
Each of the Trustees retires from office after three years. A retiring Trustee is eligible for reolection.
The power of appointing a new Trustee or new Trustees is vested in the Chapter and is exercised by resolution of a
meeting of the Chapter passed in accordance with the Conslilulion of the Society.
Tr
tees induction and trainin
The induction of new Trustees includes preparation by the sisters in terms of matters pertaining lo the constitution and
in term5 of mallers pertaining lo Trustee dulles in general.
anisalion
The Trustees mèet at least three limes a year and receive reports from the Community Leader, the Trust Bursar and
the Trust's professional and investment advisors. The Society has a professional solicitor who acts as clerk to the
Trustees.
Trustee remuneration
All Trustees give of their lime freely and no Trustee remuneration was paid in the year.
mana
ment
ersonnel
The Charity is managed by the Sisters who reeeive no remuneratfjon.
Related Parties
The Society Trustees act as Members of The Porch, a charitable company limited by guarantee. As a member, they
appoint the Trustees of this charity. The Society appoints a director to the Board of Helen & Douglas House. The
Society is currently r8presented on both Boards.
Princi
al risks and uncertainties
The Trustees have examined the principal areas of the Charity's operation and considered the major risks in these
areas. The Trustees consider the Charity's systems are such that thes8 risks are mitigated to an acceptable level.

Soclety of All Salnts
Trustees. Rèport
for the year endèd Sth April 2024
. continued
Oble¢tlves, activities and publle benefit
The Trustees have regard lo the Charity Commissioner'5 guidance on public benefit in carrying out the Charity's
objectives. The Society of All Saints Sisters of the Poor is an Anglican religious community for women. The Sisters
have an active ministry outside the convent. The aim is to be ¢hannels of God's love. in whatever way they believe
the Holy Spirit Is leading them. helping all those who are in need by reason of age. health or social circumstance. The
community al present consists of 5 sisters in life vows, one of whom has been undertaking ordained ministy in
Chichester Diocese. Founded in London in 1851. their work over the years and in four conlinenls has taken many
forffls. They are responsible for all the gardens and grounds in whiGh they and a number ol other charities and
religious organisations are located and whlch are ￿ntral lo the provision of the current and fulure amenities for all the
resident projects, families and visitors lo the sile. In Oxford, they founded the Porch (support for the homeless and
vulnerably housed). which now operates as a separate Corporate charity of which the Society's Trustees are the
Mernbers. The community continues lo provide storage space al a peppercom rent for food for consumption by Porch
users and production of ¢onsumables sold by the Porch as part of their own fundraising activities. They also founded
Helen House & Douglas House (hospices for children and young adullsl, which operates in separale premises ir)
Oxford bul Makes use of the charity's grounds and gardens for its own users. They transferred the busine55 of Sl
John's Home which is a registered residential home for the elderly and attached lo the former ¢onvenl building lo
new proprietor in September 2016. The Home accommodate5 38 men and women fee paying residents who are
offered companionship in a loving and caring environment enabling them lo live their reTnaining years Wlth dignity and
who make full use of the Charity's gardens and grounds. The Home is open lo any elderly person, who is no longer
able lo live alone, lo apply lo be a resident. Prospe¢live residents are invited to spend time at th8 Home for mutual
assessment before commitments are made. The Slslers maintain Close Involvement with the residents.
Brownlow House is a modern guest house. well equipped for self-c8lering.11 provides mijch needed space for retreat.
for small groups and for lime 'jtJst to be, and is situated in the bèautiful gardens which provide peace and serenity for
all visitors and residents. There is nts charge and people give according lo their means and in appreciation.
Sl Michael's Coitage, Winson, Glouceslershire, converted in 1984 from the ijisused village schoolroom last used in
1923 is a small cottage available for holidays and retreats.
Achlevèments and perfom)ancè
The Convent continues to offer hospitality to people who are vulnerable in a variety of ways and they return year after
year. The ftexible use of the Guest House allows small groups, including clergy ¢ell groups. to come together for
recuperation or work plannSng. They appreciate the sensilfve and non-inlrusive way In which their needs are provided
through the arranging of roorns and availability of refreshments.
Since moving from the Old Convent buildings, the sisters have gradually begun lo build up an active presence in the
Parish Church which ha5 been wekomed with enthusiasm.
They are recognised in the locality by homeless and vulnerably housed people who have known them through the
Porch and the Sleppin, Stone Cenlre.
The chapel and former convent building has been occupied by a religious community of Catholic Franciscan Friars,
much welcomed by the Sisters.
The gardens provide spacè and peace, and the changing pallerns of growth and colour as well as some unusual
cultivars, all help guests, visitors and the Frtary and Hospice communities lo unwind and find inner conlenlment.

Society of All Saints
Trustees. Report
for the year ended Sth Aprll 2024
continued
Rèserves policy
The Trustees have examined the requirernenl for "free reseNes" which are those unrestricted funds not Invested in
fixed assets or committed for investment in fixed assets, deslgnaled f(Ir specific purposes or otherwise designated.
The Trustees propose lo put aside sums towards the likely costs of repairs and resloralion of the listed buildings in the
coming year.
Thg Charity's total accumulated funds al th& year end amounted lo £12.1 m12023'. £10.9m}- Free reserves sland at
£8.6rn12023.' £9ml. The underlying investments produce just under half of the income of the Society. The Trustees
intend lo continue with its restoration programs and grow the support it already provides to residents within Sl John's
Home.
Reslricled funds al the year end were £1.5k12023.. £1.5kl.
Financial Revlew
The Charity's loial inGoming resources for the year amounted lo £547k12023.' £577kl. Prior to investment gains there
was a surplLJS of £125k12023.. £247kl for the year. The investments increased by £690k12023.' decreased by £393k}.
The total movement in funds in the year was a surplus of £1.2m12023= deficit of £145k}.
nveslment
owers and oli
Investments have been included in the Balance Sheet al their market value. 1000/0 12023.. 96.40%) of total
investments are in the CBF investment funds which decreased in value by 1.75Yo12023.. 50/.). The decrease is largely
due to a withdrawal made during the year to fund the purchase of a property. The Trustees meet with their advisers
on a regular basis lo confirm strale9y and monitor performance.
The Truslees aim to preserve the real Capital value of investments held, while at the same time maximising income.
They are also seeking to increase monies held as investments lo ensure the future viability of the charily.
Fundraising
The charily does not undertake any fundraising directly from the general public. Visitors are invited lo give gifts.
Plans for future periods
The Sisters plan lo move from thg Oxfor(I sil& in 2024 and in this respect. 8 property has been purchased in Wesl
London.

Soclety of All Saints
Trustees. Report
for the year ended 5th April 2024
continued
Trustees. rèsponsibilities in ralatlon to the financial statements
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Klngdom Generally AGcepted Accounting Pracllcel.
The law applicable to charllies in England & Wales requires the Trustees lo prepare financial slalements for each
financial year which give a true and fair view of the slate of affalrs of the charity and of the income and expenditure of
the charily for that period. In preparing these financial slatemenls. the Trustees are required to=
select suitable accounting policies and then apply them consistently..
obseNe the melhods and principles in the Charities SORP-
make judgements and eslimales that are reasonable and prudent..
stale whether applicable accounting standards have been followed. subject lo any material
departures disclosed and explained in the financial stalemenls..
prepare the financial statements on the going concern basis unless il is inappropriate lo
presumè that the charity will Continue in operation.
The Trustees are responsible for keeping proper a¢¢ounling records that disclose with reasonable accuracy al any
lime the financial posilion of the charity and enable them lo ensure that the financial slalements comply with the
Charities Act 2011. the Charity (Accounts Reports) Regulations 2008 and trust déed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detèction of fraud
and other irregularitie5.
Auditors
A resolution will be proposed at the Trustees meeting that Wenn Townsend will be re4ppointgd as auditors of the
charity-
On behalf of tha TrustÈè$
Helen Merrington-Rust
Trustee
6, June 2024

Soc5ety of All Saints
Independent Audltor's Report to the Trustees of the Society of All Saints
Opinlon
We have audiled the fiTrawial statemènts of Society of All Saint5 Ithe '¢harityl for the year ended 5th April 2024 which comprise
the Statement of FinanrAal Activities. the Balance Sheet. the Statement ol Cash Flows and notes to the financial stat8ments,
including a summary ol significant accounting policie5. The financlal reporting framework that has been applied in their preparaknon
is applicable law and Unit&d ￿ngdoM A¢counting Standards. including Financial Reporting Standard 102 The Fin&n¢ial Reporting
Standèrd applicable in Ihe UK and Republic 011￿land (United Kingdorn Generally Accepted Accounting Practice).
In our opinion the finanoal staternents..
give a tru8 and fair view ol the slate of the charity's affalrs as at 5th April 2024. and of its incoming resources ond appliGqtion
of resources, for the yearthen ended;
have been prop8dy prepared in accordance with United Kingdorn G8n8rally A¢￿pIed Accounts'ng Practice., and
have been prepared in accordan￿ with the requirements of th6 Charities A¢1 2011.
Basis for oplnlon
We conducted our audit in accordance wlh In18rnational Standard5 on Auditing IUKI IISAS IUKII and applicable law. O
responsibilities under those standards are further described in the Auditorfs reswnsibilities for the audit ol the financial stalernenls
section of our report. We are independent of the charity in accordance wth the elhic81 requiremenls that are relevant to our audit ol
the financial statements in the UK. including the FRC'5 Ethi¢al 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 provlde
basls for our opinion.
Conclusions relatlng to going concern
In auditing the financial Statements, we have conduded that the tru5tees' use of the going concern baws of a¢¢ounling In the
preparation of the financial statements 15 appropriaie.
Based on the work we have perfomied. we have nol identified any material uncertainties re￿￿n9 to ev8nls or condilDns that,
individually or collectively. may ¢ast signifKant dcubt on the charity's ability to continue as a going concem for a period ol a¢ least
twelve months from when the financial Statements ar8 authortsed for is5U8.
Our responsibilits'es and the respon5ibililies of the trustee5 Mrith respact to wirv) conc8m ar8 deS￿bed in the ￿levant 58ctions of
this r8POrt.
Olher information
The trustees are re5pon5ibl8 for the other information. The other inloimats.on compris8$ the infomialion Includ￿ in the trustees.
annual ￿Port, other than the finanual statements and our auditorfs ￿ptsrt thereon. (hjr opinion on the financial statements does
not cover the other information and, except to the extent otherwise explicitly slated in our report, we do not express any form of
assurance conclusion thereon.
In conne¢lion with our audit of the financlal statement5, our responslblllty Is to rèad the other infonnalion and. in doing so. ¢onsider
whether the other inforrnalion is materially inconsi$lenl with the financial statements or our knowledge obtained In the audit or
otherwise appears to be materially mis5taled. If we identify such material inconsistencies or apparent maledal misstatements. we
are required io determine whgther there is a material mi5Statement in the financial statements or a material misstatement of the
other information. If, based on the work we have p8rformed, we condude that there is a material mlsstalernent of this other
information. we are required to report that fact.
We have nolhlng to ￿pOrt in this regard.
Matters on which we ar¢ required to report by e¥¢epllon
We h8ve nothing to report in respect of the followng matter5 in relation lo which the Charibes IA¢counts and Reports) R8gulations
2008 require u5 to report lo you if. in our opinion..
the inlorrnalion gpien in the financial 5tal8rnents Is Inconsistent in any material respect vAth the tru¥tees' rewrt.. or
sufficient accounting records have not been kept. or
Ihe financial statements are not in ag￿e￿nent Mth the accounting records.. or
we have not received all the inforrnation and explanations we require for our au¢Jlt.

Socloty of All Saints
Independent Auditor's Rèport to the Trustèes of the Society of All Saints {¢ontinuadl
Responslbilitie5 of trustees
As explained more fully in Ihe trustees, responsibilities statement set out on page 5, the Iruslee5 are reswnslble for the prèp8ratDn
of financial st2lernents which give a tru& and fair view. and for such internal control as the trustee5 ¢Jetermine is necessary to
anable the preparation of financial statements that are free from mateiial mi5Statement, whethèr dua lo fraud orerTor.
In p￿paring the financial statements, the tru51ee$ are responsible for 8sse$sing the charity's ability lo continue as a going concem,
disclosing. as applicable, matters related to 90iThg concèm and using the going conc8m basis of accounting unless the trustees
eith8r inl8nd to Ilqufvjate thè ch8rity or lo cease operations, or have w realistic alternative but to do so.
Auditor's responsibllitie$ for the audit of the financlal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and r9POrt in accordance with r8guLqlions made
under section 154 of that Act.
Our objectives are to obtain r8a50nable assuran¢e about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to Issue an auditor's report that includes our oplnion. Reasonable assurance is a
high level of a5suranc8 but is not a guarantee that an audit Conducted in accordance ￿th ISAS IUKI will a￿ayS éetect a material
rnisstalernent when it exists. Misslaternents can arise frorn fraud or error and are con5id8red material if, individually or in the
aggregate, they could reasonably be expected to influence the economic ¢Jeci5ions of users taken on the ba￿5 of th8S8 financial
statern8nts.
Irregularitiès. including fraud, are Instances of non-compliance with laws and regulations. We design prO￿dureS in line with our
responsibilitie5, Outlined above, to deleet material misstatements in respect of irregularities, including fraud. Th8 specific
procedures for this engagement and the extent to wh¢h these are capable tsf detecting I￿egular1tIes, including fraud is detailed
below..
Enquiry ol management, those charged with govemance 8nd the entity's soliolors around adual and potential litigation and
c181rnS',
Enquiry of entity stsff in tax and compliance functions to identify any instances of non-rA)mpliance wth laws ar
gulations.,
Reviewing minutes of meetings of those charged with govemance..
Reviewing financial statement disclosures and testing to sUppO￿Thg documentation to assess complianc8 with applicable
laws and regulations.,
Perfom)ing audit work over the risk of management override of controls. including testing of joumal entrles and other
adlustmenls for approprialenes5, evaluating the buslness rationalg of significant transacb'ons outside the normal course ol
business and reviewing accounting estimates for bias.
Because of the Snher8nt limitations ol an audit, ther& is a risk that we wll not dete¢t all irregularities, including those leading to a
malenal misstatement in the financial statements or non-cotnpliance with regulation. This risk increases the more that compliance
with a law or regulation Is retnoved trom the events and transactions reflected in the financial slaternents. as we will b8 less likely
to become aware of instances of non-cornplian¢e. The risk is also greater ￿gardIng irregularities occurrlng due to fraud rdther than
error. as fraud involves intentional concealmenL forgery, Collusion, omission or Misrep￿sentaII0n.
A further description of our responsibilitie5 for the audit of the financial statements Ss locsled on the Financi71 Reporting Counal'5
website at.. www.Irc.org.ukJaLKJitorsresponsibililies. This description fonrs part of our auditorfs repD
Use of our report
Thls report is made solely to the charity's trustees, as a body, in accordance with Part 4 of Ihg Charities (A￿oU￿t5 and Reports)
Regulations 2008. Our audit work has been undertaken so that we mSght slate to the charity's ttU5tees those matters we are
quired to slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by18w, we do not accept or
assurlle respon5ibilily ¢0 anyone other than the charity and the charity's trvstees as a body. for our audit work. lor this report, or for
the opinions we have formed.
Wenn Townsend Statutory Auditor
30 St Giles
Oxford
OX13LE
2014
weff￿ Townsendls ellgible lo aGI as an audilorln terms of Se¢EiorJ 7Z72 ollh8 Comp*nh*%AGI 2￿6.

QCJO >(n o_

Society of All Salnts
Balance Sheet
al 5th April 2024
Total
Note
2024
2023
Fixed assets
Properties
Fixlures and fittings
Motor vehicles
3,472.684
60.954
2.062
1,888,725
61,450
2,748
3.535,700
1,952,923
Investment property
Inveslrnenls
Deposit fund
545,000
7,310.739
159,888
545,000
7,621,925
250,335
11,551,327
10,370.183
Current assets
Loan lo The Porch
Debtors
Bank and cash
500,000
134,892
115,899
500.000
121,970
138,820
750,791
760,790
Current liabilitiès
Creditors
1144,2561
1164.847)
Net current assets
606.535
595,943
Net assets
12,157,862
11.966,126
Accumulated fund$
Reslrided
Unreslricled
12
1,568
12,156.296
1,566
10,964,560
12,157,862
10.966.126
Helen Merrington-Rust
Trust00
29th June 2024

Soclety of All Saints
Cash Flow Statement
for the year ended 5th Aprll 2024
2024
2023
Net cash flow from opgrating advlties:
IDeficill1surplus
Lossesllgainsl on investments and fixed assets
Depreciation
Iln¢reaseY decrease in debtors
Increa5elldecreasel in creditors
Sisters loan movement
125,240
1,000,760
27,322
112,9221
125.9791
5,385
1145.4501
392,902
28,099
139.408)
11.743
1.119,806
247,886
Invèsting activities:
Expenditure on tangible asse15
Receipts on sale of tangible assets
(1,610,097)
376,922
11.8721
Increaselldecreasel in cash balances
1113,369}
246.014
Total
Movemant
Inve51menl Brokers
Bank balances
Cash
160,155
114,796
835
250.335
137,536
1,284
{90,180)
{22.740}
1449}
275.786
389.155
1113,3691
10

Soclety ofAII Salnts
Notes to thè A¢¢ountS
for the year ended 5th April 2023
Accounting policies
The following accounting policies have been used consislenlly In dealing with items wnsldered
material in relation to the Society's accounts.
Basis of prèparation
The accounts have been prepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued Oclobei 2019 and
the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Irttland IFRS 102)
and the Charities Act 2011.
The Charity constilules a publlc benefit entity as defined by FRS 102.
The Trustees consider that there are no material uncertalnlles about the Charlty's ability lo continue
as a going concern.
Incomlng resources
All incoming reSoUr￿S are Included in the SOFA when the charity is legally enlilled lo the incomè and
the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the
charity being notified of an impending distribution or the legacy being received. Pensions include the
sisters, state and occupational pensions.
Inveslmenl Income is earned through holding assets for investment purposes such as shares and
property. 11 includes dividends, interest and rent. Where il is not practicable lo identify investment
rnanagemenl costs incurred within a scheme with reasonable accuracy the investment income is
reported nel of these costs. 11 is included when the amount can be measured reliably. Interest income
is recognised using the effective interest method and dNidend and rent income is recognised as the
charity's righl to receive payment is estsblished. Rental deposits are held on twst by solicitors and
therefore are only reflected when not ￿tUrned lo the tenant.
Dtsnations
Cash donations are credil¢d lo the Income and Expenditure Accounts as received. Items (with the
exception of land and buildings) donated to the Society are not included in these accoLJnts becaus8
the difficulty in eslabllshlng a fair value for this purpose oU￿e1gh5 the benefit that would be obtained.
A significanl contribution is made by volunteers throughout the year and the value ol these donated
services is not reflected in the accounts.
Tax recoverable
Tax recoverable on amounts received by way of gift aid is included in the accounts when receivable.
Resourcès expended
All axpendilure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Where Costs cannot be dire¢lly allribuled lo particular
headings they have been allocated lo activities on 8 basis consistent with use of the resources.
Fundraising costs are those incurred in seeking voluntary contributions. Governance costs are those
incurred In connection with adminislralion of the Charity as a legal enlily and a￿ not connected with
generating income or charitsble expenditure.
Liabllilies are recognised as resources expend&d as soon as there is a legal or constructive obllgallon
committing the charity to the expenditure.
11

Soclety of All Salnt$
Notes to the Accounts
for the yoar 8nded 5th April 2023
Accounting policies Icontlnuedl
Tangible fixed assèts
These assets arg shown al cost less accumulated depreciation.
Depreciation of fixed assets is calculated using the follo￿ng rates and bases which are appropriate lo
the usoful life of the assel and ils res￿Ual value..
Buildings
Fixtures, fitbngs and equipment
Motor vehicles
Computer equipment
Double glazing
Nil- 6.67Q￿ straight line
15¥0 reducing balan
25¥0 reducing balan
33 1130k straight lino
SYD reducing balance
Surpluses or deficits arising on the dlsposal of fixed assets are adjusted in the dep￿cIatiOn charge for
the year.
Investment property
The property held as an investment is included al a market value having regards lo its existing us@
with reference to similar properties in the local area.
Investments
Investmènts are included in th9 accounts al fair value at the year end. Gains or losses arising on
revaluation are recognise(J in the Statement of Financial Activities as unrealised gains or losses.
Gains or losses arising on disposal are recognised in the Slalement of Financial Activities as realised
gains or losses.
Restricted tund$
Restricted funds are subject to specifiG ¢ondilions imposed by the donor or by the terms of an app881,
these ¢ondilions being legally binding upon the Trustees.
Donations and Glfts
Totsl
2024
Total
2023
Donallons
Lega¢ias
Grfts from visitors
573
558
9.791
2.058
9,308
10.922
11,366
Resources expended
Community
2024
Communlty
2023
Wages and salaries
Operating costs
Eslablishmenl
Adminlslralion
Depreciation
88,952
119,645
104,486
81,776
27,320
68,056
126.933
52,241
53,958
28,099
422.179
329,287
12

Soclety of All Salnts
Notes to the Accounts
for the year ended 5th April 2024
Rèsour¢es expended (contlnued)
During the year the resour¢es expended relate to unreslricled expenditure with no restricted expenditure
12023.. £nill. A further breakdown of the categories in Note 3 are delailed in the Income and Expenditure
Account on page 19.
Fixed assets
Fixturès,
Fittlngs &
Equipment
Motor
Vehlcles
Propertlès
Total
C05t-
At 6th April 2023
Additions during the year
2,888.515
1,600,000
419.825
10,097
16.709
3,325,049
1.610,097
Al 5th April 2024
4.488,515
429,922
16,709
4,935.146
Depreciation:
At 6th April 2023
Charged Sn year
999,790
16,041
358.375
10,593
13,961
686
1.372,126
27.320
Al 5th April 2024
1,015.831
368.968
14,647
1.399.446
Net book value:
At 5th April 2024
3.472,684
60,954
2,062
3,535,700
Al 5th April 2023
1.888.725
61,450
2,748
1,952,923
Properties lat costl
2024
2023
Freehold
All Saints Convent, Sl Mary's Road. Oxford
The Old School
Winson School House, Bibury
Funds held for the pur¢ha5e of 44 Denmark Road
2,392,165
474.880
21,470
1.600.000
2,392.165
474,880
21,470
Total
4.488.515
2.888.515
Investment Property
Bryntirion, Oxford was reclassified from fixgd assets where il had been included at a cost of £45,682 in the
year ended 5th April 2020. 11 was revalued al the ended 5th April 2021 by £499,318 10 £545.000. As al the
year ended 5th April 2024 the value of Brynlirion. Oxford was £545,00012023. £545.0001.
13

Society of All Saints
Notes to the Accounts
for the year ended 5th April 2024
Investments
2024
Market
Value
2023
Market
Value
Total
The Central Board of Finance of the Church of England
194,420 units investrnenl fund
12023.. 238.562 unilsl
4,524.231
5,087,222
596,959 units property fund
12023.. 596,959 unilsl
714,142
752.109
643,59212023= 553.5441 units
Global equity fund
2,072,367
1,511,341
Charles Stanley
271,253
7.310,740
7.621,925
Total
2024
Total
2023
Valuation at 6th April 2023
Withdrawal
Unrèalised Ilossesygains
7.621.925
11,000,760
689,575
8.014,827
1392,902}
Valuation al 5th April 2024
7,310,740
7,621,925
D&btor$
2024
2023
Investment income
Prepayments
Other debtors
57,080
11.931
65,881
56,649
10,518
54,803
134,892
121,970
14

Society of All Salnts
Notes to the Accounts
tor the year ended 5th April 2024
Crèditors
2024
2023
Trade creditors
Accruals
Other ¢redilors
Interest free loan
Taxation and social security
2,622
9,000
2,647
128.385
1,601
15.306
22,389
2,839
123.000
1.313
144,256
164,847
As at the year end included in creditors are interest free loans which are repayable on leaving the Society of
All Saints to Sister Jean Raphael £120,0(K) 12023= £120,000) and Sister Margaret Anne £8.385 12023-.
£3,000).
Wages and salaries
The average number of ernployees in totsl during the year was..
2024
2023
Total
Full time
Part lime
Total
Staff costs were as follows..
Wages and salaries
Social security
Pension costs
Recoveries
98,670
1,822
7,810
119,3501
82,599
704
6.803
122,0501
88.952
68,056
No employee received more than £60,000 durlng this or the preceding year.
The Society of All Saints contributes lo an externally administered pension scheme {The Pensions Trust's
Growth Plan 'The Scheme'l on behalf of its staff. The scheme is a mulli employer scheme and the Charity is
unable lo identify its share of the underfying assets and liabililies of each scheme on a Consistent and reliable
basis. Therefore, the Charity accounts for the schemes as if they were a defined contribution scheme. As a
re5uII. the amount charged lo the income and expenditure account represents the contributions payable lo the
scheme in respect of the accounting period.
Society of All Saints paid contributions at the rale of 6°h during the accounting period. Members paid
contributions at the rate of 6 10 during the accounting period.
15

Socloty ol All Salnts
Notès to the Accounts
for the year ended 5th April 2024
Wages and salariès {continued)
Qualified actuarles periodically value the scheme, using the "projected unil" method. The financial assumpt￿nS
were derived from market conditions prevailing at the valuation dale. The results of the latest triennial valuation
are outlined below'.-
Valuation dale
Assets
Amount needed to provide
Shortfall
Funding level
30109120
£799 tnillion
£832 million
£33 million
96°
The Pensions Trust has notified the Society of the estimated employer debt on ¥Mlhdrawal from the Scheme
based on the financial position of the Scheme as al 30 September 2021. As of that dale, the estimated polenllal
employ8r debt for Society of Ml Saints was £17,21312023.. £17.2131.
Although a Teduclion on previous estimates, the Society continues lo contribute an additional £1,248 per annum
{2023. £2,685 per annurHI.
Trustoes. remuneration
No remuneration or expenses were paid to any of the Trustees during this or the precedin9 year.
10. Auditors, remunÈr8tion
2024
2023
Audit and accounts
Client services
9.000
1,625
9,000
1,522
11. Net assets by fund
Unrestricted
funds
Restricted
funds
Total
Fund balances at Sth April 2024
were represented by..
rangible fixed assets
Fixed asset inveslmenls
Current assets
Current liabilities
4,080.700
7,470.627
749,225
1144,2561
4.080,700
7,470,627
750,791
1144.2561
1,566
12.156,296
1,566
12,157.862
16

Society of All Salnts
Notes to the Ae¢ounts
for the year ended 5th April 2024
11. Net asset by fund (continued)
Unrestrleted
funds
Restrietèd
funds
Total
Fund balances at 5th April 2023
were represèntèd by:
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
1.952,923
8.417,260
759,224
1164,847}
1,952,923
8,417.260
760.790
1164.8471
1,566
10,964.560
1,566
10,966,126
12. Restricted funds
Gift
fund
Sinking
fund
Totsl
Balance a161h April 2024
1,566
1,566
Income
Transfer to the Society
67,510
{67,5101
67.510
167,5101
Total nèt assets
1,566
1,566
Gift
fund
Slnking
fund
Total
Balance at 6th April 2023
1.566
1,566
Income
Transfer to the Society
65,354
165.3541
5.354
{65,3541
Total net assets
1,566
1,566
Sl John's Home was run as a separate fund until the operation of the Home ijras transferred to a new proprietor
8t the end Df September 2016.
Some funds relating to St John's Home have specific reslrTcled purposes, firstly a gift fund now standing at
£1,566 which is lo be spent for the benefit of residents of the home and secondly a sinking fund which has been
ag￿ed under the lease to be spent on certain service costs revolving around the maintenance of the fabric of
the buil¢Jing to be funded by annual contributions from the lenanl. As at 5th April 2024, expenditure from the
sinking fund amounted lo £67,510. The rnaximum costs to be refunded by 30th September 2025 under the lease
was £675,000 and this total has thus now been ￿aChed. Pa51 expenditure lo be reimbursed from future
contributions totals £293,542. Annual contributions have now been increased lo £67.500.
17

Soclety of All Saints
Notès to the Accounts
for thè year ended 5th April 2024
13. Related party transa¢tions
A Sister in the Society is a director ol Hèlen & Douglas House. The Sociely refunded rent of £10.02812023'.
recetved £46,767) from Helen & Douglas House in the year ended 5th April 2024. The Society paid Helen &
Dougla5 House expenses of £275 in the year12023.- £15,000). DLJring the year Helen & Douglas house were
recharged maintenance costs associated with use of the communal garden of £1.35012023.' £5,400).
A portion of land wa5 sold lo Holgn & Douglas House for proceeds lolalling £376.922.
During the year Sl John's Home were rechatged maintenance costs associated with use of the comrrbunal
garden of £12.60012023: £12.6001.
The Society paid £12.000 lo The Poreh in the year {2023' £29.0001. It also has lent The Porch £500,000
pending the disposal of its property in year ended 31st March 2020. The results of the Porch are not
consolidated into these accounts.
18

So¢iety of All Salnts
General Fund
Income and Expenditure Account
for the year ended 5th April 2024
2024
2023
Incomè
Investment income
Rents
servi￿ charges
Gifts from visitors
State and other pensions
Donations
Other income
252,343
153,777
67,510
9,791
62,844
1,131
23
243,073
200,363
65.354
9,308
56,582
2,059
Expendlture
Wages and salaries
Opèrating costs
Catering
Housekeeping
Sislerfs Allowances
Medical and nursing care
Chapel
Winson
110 Sl Mary's Road
London
Charity
Training and conferen￿$
547.419
576,739
88.952
68.056
14,679
3,267
10,997
3,506
746
4.232
71.138
2.899
9,754
1.146
957
3,693
,211
29.757
58,302
3,076
33,592
42,238
6,388
119,645
126,933
Establlshment
Water and ¢ouncil tax
Light and heat
Insurances
Repairs
Garden {exc. wagesl
11,722
20,646
14.474
52,038
5.606
6,056
13,251
12.072
17,969
2,893
104.486
52,241
Administratlon
Motor and travel
Postage and slalionery
Telephon6
Professional
Miscellaneous
Bank charges
4.259
5,045
617
2,720
39,188
6,244
144
3,325
67,419
5,898
875
81,776
53.957
Oepr&¢Sation
Total expenditure
27.320
28.099
422.179
329,287
Surplusl(defl¢ltl before investment chang•$
125,240
247,452
Profivllossl on sale of tangible assets
Investment Ilossesllgains
376,922
689.574
1392.9021
(Deficitllsurplus before tran$feTS
1,191,736
{145,4501
19