##
##
##
##
|TRUSTEES|Sister Marie-Louise|Sister Marie-Louise|le Vern|
|---|---|---|---|
||Sister Valentine|Rannou||
|PRINCIPAL ADDRESS|28 Penzance Street|||
||LONDON|||
||W114QX|||
|STOCKBROKERS|Quilter Cheviot|||
||Senator House|||
||85, Queen Victoria Street|||
||LONDON|||
||EC4V 4AB|||
||J.M. Finn 5Co.|Ltd.||
||4, Coleman Street|||
||LONDON|||
||EC2R 5TA|||
|PROPERTY CONSULTANTS|Gerald Eve|||
||72Welbeck Street|||
||LONDON|||
||W16 OAY|||
|BANKERS|The Royal Bank|ofScotland pic||
|SOLICITORS|SBP Law|||
||Glade House|||
||52-54 Carter Lane|||
||LONDON|||
||EC4V 5EF|||
|AUDITORS|Cocke, Vellacott|& Hill||
||28 City Business|Centre||
||Lower Road|||
||LONDON|||
||SE162XB|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||General|Designated|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|Fund|Funds|2023|2022|
|Income from||||E|E|E||
|Donations|and legacies||||||250|
|Charitable|activities|||4,254||4,254|9,820|
|Investments||||307,574||307,574|287,975|
|Other||||||||
|Total||||311,828||311,828|298,045|
|Expenditure|on|||||||
|Raising funds|||2(d)|56,908||56,908|53,230|
|Charitable|activities|||37,400||37,400|729,805|
|Total||||94,308||94,308|783,035|
|Net gains /|(losses)|on investments||(757,279)||(757,279)|632,063|
|Net income|/ (expenditure)|||(539,759)||(539,759)|147,073|
|Transfers between||funds|10|132,427|(132,427)|||
|Net movement
in funds||||(407,332)|(132,427)|(539,759)|147,073|
|Reconciliation
offunds||||||||
|Total funds|brought|forward|10|2,855,631|9,751,196|12,606,827|12,459,754|
|Total funds|carried|forward|10|2,448,299|9,618,769|12,067,068|12,606,827|
##
##
|||||Notes|2023|2022|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||E||
|Tangible assets|||||792,085|792,105|
|Investments|||||10,713,578|11,527,765|
|Total fixed assets|||||11,505,663|12,319,S70|
|CURRENT ASSETS|||||||
|Debtors|||||147,761|4,550|
|Cash at bank and in||hand|||462,804|331,567|
|Total current assets|||||610,565|336,117|
|LIABILITIES|||||||
|Creditors: Amounts||falling due|||||
|within one year|||||(49,160)|(49,160)|
|Net current assets|(liabilities)||||561,405|286,957|
|Total assets less current|||liabilities||12,067,068|12,606,827|
|FUNDS OF THE CHARITY|||||||
|Total unrestricted|income funds|||10|12,067,068|12,606,827|
|Total charity funds||||10|12,067,068|12,606,827|
##
##
##
##
##
##
##
##
##
##
##
##
##
|INVESTMENT|INCOME|||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||f||
|Income from|investment||assets listed|in the UK||||253,791|234,777|
|income from|investment||assets listed|outside the UK||||45,686|53,166|
|Interest||||||||8,097|32|
|||||||||307,574|287,975|
|CHARITABLE ACTIVITIES|||||Grant|Support of||||
||||||funding|Sisters and||Total|Total|
||||||activities|pastoral work|Governance|2023|2022|
||||||f|f||f||
|Grants and donations||(see below)|||598|||598|700,549|
|Staff costs (see note 5)||||||||||
|Provisions||||||1,276||1,276|2,480|
|Cost ofrunning
premises||||||5,604||5,604|8,203|
|Property repairs, maintenance||||||||||
|and refurbishment||||||9,320||9,320|1,399|
|Depreciation|(see note|6)||||20||20|27|
|Sisters' living|and pastoral expenses|||||1,921||1,921|251|
|Training
and|Sisters' formation|||||3,926||3,926|3,070|
|Bank charges||||||275||275|146|
|Auditors'
remuneration:||||||||||
|Accountancy|and other||services||||7,932|7,932|7,932|
|Audit|||||||5,748|5,748|5,748|
|Legal and professional||fees|||||780|780||
|Tata
I 2023|||||598|21,342|14,460|37,400|729,805|
|Total 2022|||||700,549|15,576|13,680|729,805||
|Grants and donations||||||2023|2023|2022|2022|
|||||||f|No.||No.|
|Remittance to|Mother House in France|||for||||||
|the Order's
missionary||work in Africa||(see note 11)|||0|200,000||
|Remittance
towards
major|||works at Mother House in||France||0|500,000||
|Mass offerings|and small|donations||||598||549||
|||||||598||700,549||
##
##
|TANGIBLE FIXEDASSETS||Furniture||
|---|---|---|---|
||Freehold|and||
|Cost or valuation|Property
f|fittings
f|Total
f|
|At 6th April 2022|792,024|8,897|800,921|
|Additions||||
|Disposals||||
|At 5th April 2023|792,024|8,897|800,921|
|Depreciation||||
|At 6th April 2022||8,816|8,816|
|Disposals||||
|Charge for the year||20|20|
|At 5th April 2023||8,836|8,836|
|Net book value||||
|At 5th April 2023|792,024|61|792,085|
|At 5th April 2022|792,024|81|792,105|
|7.|FIXEDASSET|INVESTMENTS|INVESTMENTS||2023|2023|2022|2022|
|---|---|---|---|---|---|---|---|---|
||||||Market value
f|Cost
f|Market
Va/uef|Costf|
||At 6th April||||10,994,007|8,128,298|10,773,630|8,342,961|
||Additions||||656,469|656,469|918,532|918,532|
||Disposals||||(881,490)|(881,490)|(1,330,218)|(1,330,218)|
||Realised gains (losses)||||(128,369)|(75,499)|(1,790)|197,023|
||Unrealised
gains (losses)||||(628,910)||633,853||
||At 5th April||||10,011,707|7,827,778|10,994,007|8,128,298|
||Cash awaiting|investment|-sterling||701,871|701,871|533,758|533,758|
||Market value|at 5th April|||10,713,578||11,527,765||
||Historic cost|at 5th April||||8,529,649||8,662,056|
||The investments
are analysed|||as below:|||||
||Investments|listed
in the|UK||6,975,563|5,078,448|7,397,323|5,135,472|
||Investments|listed outside the||UK|3,036,144|2,749,330|3,596,684|2,992,826|
||||||10,011,707|7,827,778|10,994,007|8,128,298|
|This is rec|onciled as follows:|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||f||
|Reconciliation
ofmovements
in unrealised
gains on investment|||assets:-|||
|Unrealised|gains arising on revaluation|brought forward at 6th April||2,865,709|2,430,669|
|Add (deduct)
in respect ofdisposals
in the year||||(52,&70)|(198,813)|
|||||2,812,839)|2,231,856|
|Net gains|(losses) arising on revaluations|in the year||(628,910)|633,853|
|Unrealised|gains arising on revaluation|carried forward at 5th April||2,1&3,929|2,865,709|
|8.|DEBTORS|||||||2023
f|2022f|
|---|---|---|---|---|---|---|---|---|---|
||Dividends
due|||||||147,308|4,097|
||Prepayments|||||||453|453|
|||||||||147,761|4,550|
|9.|CREDITORS: Amounts||falling due|within one year||||2023
f|2022f|
||Accruals|||||||49,160|49,160|
|10.|TOTAL FUNDS|||||Incoming|Resources|Transfers||
|||||Balances|at|resources and|expended|between|Balances at|
||Unrestricted
funds|||6th April 2022
f||gains
f|and losses
f|funds
f|5th April 2023
f|
||Designated
funds:|||||||||
||Fixed assets|fund||792,105||||(20)|792,085|
||Investment|reserve||8,662,056||||(132,407)|&,529,649|
||Fund for aged and||sick sisters|||||||
||and students|||10,000|||||10,000|
||Retirement|fund||287,035|||||287,035|
|||||9,751,196||||(132,427)|9,618,769|
||General reserve|||2,855,631||311,828|(851,587)|132,427|2,448,299|
||Total|||12,606,827||311,828|(851,587)||12,067,068|
||Represented
by:-||||||||Unrestricted|
||||||||||funds|
||||||||||f|
||Tangible fixed|assets|||||||792,085|
||Investments||||||||10,713,578|
||Net current assets||||||||561,405|
||||||||||12,067,068|
##
##