THE CONGREGATION OF THE SISTERS OF THE
FINDING OF JESUS IN THE TEMPLE
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED
5th APRIL 2024
Reglstered Charity Commi55i0n Number.. 229049

THE CONGREGATION OF THE SISTERS OF THE FINDING
OFJESUS INTHETEMPLE
Forthe year ended 5 April 2024
CONTENTS
Pa8e
Trustees and their advisers
Page
Report of the Trustees
Pagè
Independent Auditors, Report
Page
Statement of Financial Attlvities
Pa8e
Balance Sheet
Page
10-16
Notes to the Flnancial Statements

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS INTHE TEMPLE
For the year ended 5 April 2024
TRUSTEES AND THEIR ADVISERS
TERMS OF TRUST
The trust was set up by Deed dated 20th Au8U5t 1962 and registered as a Charity. no.. 229049. On 2nd Novèmber 1995
the Tru5tee5 became incorporated Isee under Structure, Governance and Management" in the Report of the Trustees on
page 21.
TRUSTEES
Sister Marie-Louise le Vern
Slster Valentine Rannou
PRINCIPAL ADDRESS
28 Penzance Street
LONDON
Wll 4QX
STOCKBROKERS
Quilter Cheviot
Senator House
85, Queen Victoria Street
LONDON
EC4V 4AB
J.M. Finn & Co. Ltd.
4. Coleman Street
LONDON
EC2R STA
PROPERTY CONSULTANTS
Gerald Eve
72 Welbeck Street
LONDON
W16 OAY
BANKERS
The Royal Bank of Scotland plc
SOLICITORS
SBP Law
Glade House
52-54 Carter Lane
LONDON
EC4V 5EF
AUDITORS
Cocke. Vellacott & Hlll
15 City Business Centre
Lower Road
LONDON
SE16 2XB

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
REPORT OF THE TRUSTEES
The trustees present their report together with the financial statements of the Congregation for the year ended 5th April
2022 which comply with current statutory requirements. the requirernents of the Con8resation'5 governing document.
the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recornmended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021 leffective I january 20191.
Reference and administrative details are set out on page l and form part of this report.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The Congregation Is a religious order of nuns founded in 1862 by Mother Ste Marie. a French sister of the Miséricorde of
Sées, and Cardinal N. Wisernan, Archbishop of Westminster. Its aims were to meet a need of the church in England at the
time of the Oxford rnovement and to help students preparing for the priesthood. In 1892 various circumstances caused
the transfer of the Generalate to France. In 1966 the Congregation launched into the 'Missionary Activity of the Church~
in the Ivory Coast. West Afrlca and In 1993 expartded its mission to Ouagadougou, Burkina Faso.
The Congregation becarne a trust set up by charitable trust deed dated 20th August 1962 and re81Stered a5 a charity no.
229049 on 28th January 1964. On 2nd November 1995, the Charity commissioners for England and Wales granted a
certificate of incorporation to the trustees as a body corporate by the name of "The Incorporated Trustees of the Charity
of the Sister5 of the Temple". This trust relates to the activities of the Order performed in England.
The Congregation 15 under the authority of the Superior General of the Order who is based in France and whose term of
office is for Six years. The Superior General must vlslt annually all the houses of the Congregation and the communities in
Africa must be visited every year. The community In England has a local supervisor, namely Sister Marie-Loui5e le Vern
who is named by the Superlor General after due deliberation by the General Chapter (which includes the Superior
General and one representative from En8land bein8 the aforesaid Sister Marie-Louise le Vernl.
Under the terms of the Trust Deed, the trustees are appointed and removed by the local supervi50r. namely Sister Mari
Louise le Vern.
The trustees are re5pon5ible for the management of the Congregation, and they meet regularly during the year. The
trustees keep up to date with the requirements of Charity Law and they attend seminars and seek professional advlce
when nece55Bry.
The trustees have examined the major strategic. business and general risks, which the Congregation fa￿S and confirm
that Sy5terns have been established to enable regular reports to be produced so that the necessary steps can be taken to
lessen risks.
TRUSTEES
The tTUStees of the Con8re8ation in office during the year were Sister Marie-Louise le Vern and Sister Valentine Rannou.
The trustees meet and confer very regularly and review all a5petts of the chaYity'5 operations. At least once a year the
trustees like to meet with the stockbrokers in order to review in depth the respective investment portfolios.
Any transactions involved in remitting funds from England to the Mother-House of the Order in France. for thè Orderf5
Missionary comrnitments in Africa, are regarded as being in the nature of related party transactions Isee note 111.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
REPORT OF THE TRUSTEES Icontinued)
08JEcfivES AND AcfiviTIES
The Congregation's mission is to advance the Roman Catholic faith through charitable works. The nature of the charitable
activitie5 is reviewed by meetings every six ye3rs of the Chapter of the Ordei. In planning activities for the year, the
trustees keep in mind the Charity Commission guidance on public benefit.
Living in today's world, loyal to the spirit of our origin5, we aTe challenged by the needs of our time to take part in the
mission of Christ through our activities and our various commitments in
Health
Education
Chrlstian traininB
Youth activities
Due to a decrease in the number of sisters In Europe. our Congregation is faced with the closure of communitles. The
situation is totally different in Africa where we are expanding and opening house5 With the actlvltles glven above. A new
noviciate had to be built in Abidjan due to an increase in vocation5.
The Congregation still owns and maintains a community in London, where the sisters are involved In parlsh vlsltln8 and
keeping an open house in the Notting Hill Gate neighbourhood.
The Congregation's grant-making policy is of prime Importan￿ to the Order and has been establrshed to achieve its
objects for the publlc benefit.
Firstly, it is to liaise closely with the Mother House in France as to the approprlate amount to remit thereto for
the Order's Missionary work in Africa and, when called upon, to support the retired sisters in our home "Home
Ste Anne" in Vernon, France
Secondly, the CtsngTegation endeavours to meet the demands of charitable appeals as and when they arise.
ACHIEVEMENTS AND PERFORMANCE
The net incoming resources for the year before gains on investments amounted to £208,512 (2023 net incoming
resources £217.520J. This included investment income and interest totalling £344,189 f2Q23- £307,5741.
After crediting net gains on investment assets of £427,700 (2023
net losses £757,279J, the statement of financial
activitses reveals an increase in net movement in funds amounting to £636,212 {2023- decrease £539,759J.
Detalls of grants made in the year and charitable activities in general are given in note 4 to the accounts.
FINANCIAL REVIEW
The balance sheet on pa8e 9 of the financial statements shows total unrestricted funds of £12.703,280 an increase of
£636,212 on the 2023 total. The tru5tee5 regolved to maintain the two desi8nated funds, namely The Fund for Aged and
Sick Sisters and Students and The Retirement Fund. The position will be reviewed at the end of the next financial year its
Conslder whether or not to regard the two funds as viable. The investment reserve, amounting to £8,994,490 12023
£8,529,649), is also a designated fund and reflects the historical cost of the investment portfolio 3t the balance sheet
date.
Movements of flxed assets durlng the year are shown in note5 6 and 7 to the flnanclal statements.
The freehold property now comprises the convent in London, which was acquired on 28, July 1998 at a cost of £792,024.
The trustees consider that the cost of obtaining a full professional valuation of the property at the Balance Sheet date
would not be justified.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
REPORT OF THE TRUSTEES Icontinuedl
FINANCIAL REVIEW Icontinuedl
At 5th Aprll 2024 the market value of the investments wa5 £11.085,892 f2023 - £10,713,578) and was greater than cost
by £2,091,402 12023 - rnore thun cost by £2.183.929). The stockbrokers have decreased the liquidity base by £311,678
12023- increase to £70,187) and they continue to manage their respeuive portfolios wlth caution during these uncertain
times.
The Congregation's investments are rnanaged on a discretionary basis by Quilter Cheviot and JM Finn & Co. Both parties
are carefully monitored by the trustees who receive regular update5 and reports. Quilter Cheviot maintains about 14% of
the portfolio in fixed interest holdings and rhe remainder in equitles. JM Finn & Co maintains about Il% of the
investments in fixed interest stocks, the remainder in equitles. The trustees are content with thls arrangement, and thev
note that the overall spread is about 12% fixed Interest and 88% in equitie5.
The level of income generatèd by the respective portfoli05 is regarded a5 satisfactory, viz. Quilter Cheviot 2.7%, IM Finn &
Co 3.1%, total overall yield 2.9%. These percentages are based upon the dosin8 market values of the stocks and shares
held and are less than those achieved in the previous financial year.
The trustees expect the brokers to at least maintain the yields, at the same time, during these uncertain market
conditions, protecting as far H5 reasonably possible the value of the portfolio and, where prudent, taking any gains which
may arise and. If necessary, reali5in8 any losses.
Reserves are being maintained at their present level pending consideration of the current position.
PLANS FOR FUTURE PERIODS
The Congregation still owns a Community House in London where the sisters continue thelr work in the eommunity and
are happy in their environment.
The statutory annual visit the Mother General, losiane Sagnan. took place in July 2024. Mother Josiane is very keen, as
are the sisters based in London, to continue sending a few young African slsters to study English In London whlch will be
of benefit to their mission when they return io our communltles in Africa. Sister Pascaline Gansonré from Burkina Fa50 IS
looking forward to arriving as soon as possible provided, that is, she is Suc￿$$fUl in obtaining her student visa $0 she can
take up her place at the London School U.K.
In France, the "Petite Unité de Vie" care unit brlngs comfort, security and happiness to the elderly and sick members of
the Congregation. The Sister Bursar of the Order. together with the "Association Gustave Doré" reminds us that our
income is very low compared to our expenses because the sisters, salaries are insufficient to cover the needs of the
retired sisters and the formation expenses of new slsters as well as the comrnunities in Africa.
As always, the Congre8ation 15 Cotmmitted to our communltles in Africa where the financial needs are huge. The bullding
of the dispensary in Tanda Ivory Coast is progresslng well. At Komsilga, In the countryside of Burklna Faso, archltects are
drawing up plans for a new 'Foyer d'Etudiants" adjacent to our noviciate and the 'Collè8e du Sacré Coeurt which is
desperately in need of accommodation. Architects are also at work in the construction of a new dispensary that is
urgently nèeded to serve the people who live in poor isolated communities. The Chapter is mindful of the prohibitive cost
of these undertakin8s which will also necessitate the training of managers. doctors. state registered nurses. midwives.
and support staff.
All decisions of the Order, about the welfare of our sisters and the welfare and promotion of the people in our care, are
taken at the regular meetings of the General Chapter and with the advice of specialists. where appropriate, to act wlth
wisdom and care.
The Congregation remains determined to develop their mission work and to move speedily into the future.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OFJESUS INTHETEMPLE
For the year ended 5 April 2024
REPORTOF THE TRUSTEES Icontinuedl
TRUSTEES RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS
The Tru5tee5 are responsible for preparin8 the financial statements for each financial year that give a true and fair view
of the state of affairs of the Congregation at the end of the financial year and of the incoming resource5 and application
of the resources of the Congregation for that period.
In preparing these accounts the Trustees are required to..
select 5Ultable accounting policies and then apply them consistently..
observe the methods and principles in the applicable Charity SORP,.
make judgements and estimates that are reasonable and prudent,.
state whether applitable accounting standards have been followed, subjett to any material departures that
must be disclosed and explained in the financial statements,.
prepare the financial statements on a @olng concern basis unless it is inappropriate to presume that the
Congregation will continue to operate.
The Tru5tee5 are responsible for keepin8 sufficient accounting records which disclose with reasonable accuracy at any
time the financial position of the Congregation and to ensure that the financial statements comply with the Charities Act
2011 and regulations thereunder, the Charities IAccounts and Report51 Regulations 2008 and applicable accounting
standards. They are also responsible for such internal control as is deemed necessary to enable the preparation of
financial statements to be free from material misstatement whether due to fraud of error.
The Trustees are also responslble for safeguarding the assets of the Con8Te8ation and hence for taking reasonable steps
for the preventlon and detection of fraud or other irregularities.
AUDITORS
Me55rs. Cocke, Vellacott & Hill have SiBnified their willingnèss to continue in office as the Con8re8ation's auditor5.
Approved by the trustees
signed their on their behalf..
M. L. le Vern
5 December 2024

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES
OF THE CONGREGATION OF THE SISTER5 OF THE FINDING OFJESUS IN THE TEMPLE
Oplnlon
We have audited the financial statements of The Congregation of the Sisters of the Finding of Jesu5 Iri the Ternple for the
year ended 5th April 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the
ccounts including a summary of significant accounting policies. The financial reporting framework that has been applied
in their preparation Is appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) includlng "Accounting and Reporting by Charities.. Statement of Recomrnended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 (effective l January 20191"
In our opinion the financial statements
give a true and fair view, of the State of the charitvs affair5 as at 5th April 2024 and of its incomin8 resources and
application of resource5. 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 requirernents of thè Charities Act 2011.
Basi5 for Opinlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial
5taternentS Section of our report. We are independent of the charity in accordance with the ethical requirements that are
relevant to our audit of the financial staternents 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 bas15 for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded that the tru5tee5' use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relatin8 to event5 or conditions
that. individually or collectivèly, rnay cast significant doubt on the company's ability to continue as a going concern for a
perlod of at least twelve months from when the financial staternents are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going con￿rn are described in the relevant
sections of this report.
Other Informatlon
The other information comprises the information included in the annual report, other than the financial stateffjents and
our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial
Statements does not cover the other information and we do not express any form of assuiance conclusion thereon. In
connection with our audit of the financial statements. our responsibility is to read the other information and. in doin8 SO,
consider whether the other information is mateTially inconsistent with the financial statements, or our knowledge
obtained in the audit or otherwise appeaTS to be materially misstated. If we identify such material inconsistencies or
apparent material rnisstatement5, we are required to determine whether there is a material misstatement in the financial
statement5 or a material misstatement of the other information. 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 ntsthing to report in thi5 regard.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES
OF THE CONGREGATION OF THE SISTERS OF THE FINDING OF JESU5 IN THE TEMPLE Icontinuedl
Matters on whlch we are requlred to report by exception
We have nothing to report in re5pert of the following matters in relation to which the Charities (Accounts and Reports)
Regulations 2008 require us to report to you if, in our opinion".
the information given in the Tru5tees' Annual Report is inconsistent in any material respect with the financial
statements.. or
sufficient accounting record5 have not been kept,. or
the financial statements are not in agreement with the accountin8 records and returns,. or
we have not received all the informatlon and explanations we require for our audit.
Responsibilities of the trustees
As explained more fully In the Trustees, Responsibilities Statement sèt out on page 5 the trustees are re5POll5ible for the
preparatlon and presentatlon of the financial statements and foi being satisfied that they give a true and fair view and for
such internal control a5 the tru5t8e5 determine is necessary to enable the preparation ol financial statements that are
free from material misstatement, whether due to fraud or error.
Auditor's responsibilities for the audit of the finaneial statements
We have been appointed as auditors under section 145 of the Charities Act 2011 and report in accordance with Act and
relevant regulations rnade or having effect thereunder. Our objectives are to obtain reasonable 3S5urance about whether
thè finaneial staternènts as a wholè are free from material misstatement, whether due to fraud OT error, and to issue an
auditor's iepoTt that includes our opinion. Reasonable assurance is a high level of assurance but 15 not a guarantee that
an audit ¢onducted in accordan￿ wlth ISAS IUKI will always detect a materlal misstatement when it exists.
Misstatement5 can arise from fraud or eTror 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 ba515 of these financial stètements.
We receive and review monthly a¢¢OLJnts summaries from the trustees, attend the annual meetin8 and any others as
required. We have regular contact with the trustees who are responsible for the day to day operations and who notify us
of any transactions of which they are uncertain.
A further descTlPtion of our responsibilities for the audit of the financial Statements is located on the Financial Reportin8
Council's website at.. www.frc.org.uklauditorsresponsibllitles. This description forms part of our auditor's report.
Use of our report
This report is made solely to the trustees, a5 a body, in accordance with Part 4 of the Charities IAccounts and Reports)
Regulations 2008. Our audit work has been undertaken so that we might state to the trustee5 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 tharity's trustees as a body for our audit
work, for this report, or for the opinion we have formed.
Cocke, Vellacott & Hill
Chartered Aceountants and Statutory Auditor
15 City Busine55 Centre
Lower Road
LONDON
SE16 2XB
5 December 2024
Cocke, Vèllacott & Hill are elleible to act as auditor5 in term5 of section 1212 of the Companies Act 2006.

THE CONGREGATION OF THE SISTERS OFTHE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
STATEMENT OF FINANCIAL A￿1VITIEs
(incorporating Income and Expenditure Account)
General
Fund
Deslgnated
Funds
Total
2024
Total
2023
Notes
Income from
Donations and legades
Charitable actlvities
Investments
Other
16,606
344,189
16,606
344.189
4,254
307.574
Total
360.795
360.795
311,828
Expènditure on
Raising fund5
Charitable activtties
21dl
56.060
96,223
56.060
96,223
56,908
37,4(
Total
152.283
152283
94,308
Net gains / Ilosse51 on investments
427,700
427,700
1757.279)
Net Income I lempenditurel
636,212
636,212
1539,759)
Transfers between funds
io
1464.8261
464.826
Net movement Fn funds
171,386
464,826
636,212
1539.759)
Reconciliation of funds
Total funds brought fOn￿ard
io
2,448,299
9,618,769
12,067,068
12,606,827
Total funds carried forward
io
2,619,685
10,083,595
12,703,280
12,067,068
The notes on ptige5 10 to 16Aorm part of thesefinancial statements.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
BALANCE SHEET
as at 5th April 2024
Notes
2024
2023
FIXED ASSETS
Tangible assets
Investments
792,070
11.085A92
792.085
10.713,578
Total fixed assets
11.877.962
11,505.663
CURRENT ASSETS
Debtors
Cash at bank and In hand
56,214
806,434
147,761
462.804
Total current assets
862,648
610,565
LIABILITIES
Creditor5.' Amounts fallin8 due
within one year
137.3301
149,160J
Net current asset5 Iliabilitiesl
82S.318
551,405
Total assets less current liabilities
12,703.280
12.067.068
FUNDS OF THE CHARITY
Total unrestricted income funds
io
12.703.280
12,067,068
Total charity funds
io
12.703.280
12,067,068
The financial statements were approved by the trustees
on 5 December 2024 and signed on thelr behalf bv..
M. L. le Vern
l Trustee
The notes on pages 10 to 16form part of thesefinonci015tutements.

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
Forthe year ended 5 April 2024
NOTES TO THE ACCOUNTS
I. GENERAL INFORMATION
The Congregation is a charity reglstered wlth the Charity Commission In England and Wales as number 229049 on
28 january 1964 and Is governed by Charitable Trust Deed. The address of its registered office is clo Cocke,
Vellacott & Hill, 28 City Business Centre, Lower Road, London SE16 2XB.
ACCOUNTING POUCIES
The principal accounting policies are summarised below. The accounting policie5 have been applied consistently
throughout the year and preceding year.
lal Basis of preparation and going Concern
The financial statèments of the Congregation are prepared undèr the hlstorScal cost convention as modified by
the revaluation of ceTtain fixed assets ès stated in the relevant notes to these accounts. The financial Statements
are prepared in accordance with applicable Accounting Stand3rd5, With the re¢ommendation5 of Charity
Commission in "Charities SORP IFRS 1021" other than set out below, and with the Charities Act 2011.
The accounts are prepared in British pounds sterling which is the functional currency of the charity.
The trust constitutes a public benefit entity as detined by FRSIO2.
The trustees consider that there are no material uncertainties about the charitV5 ability to continue as a going
concern.
Ibl Income re¢o8nltlon
With the exception of voluntary income, which is included in the statement of financial activities when recelved,
all income is credited to the statement of financial activities when it becomes receivable and can be measured
reliablv.
Dividend income is recognised once the dividend has been declared and notiflcatlon has been received of the
dividend due.
Icl Empendlture rècognition
Expenditure is included in the statement of financial activitie5 as 500n as theTe 15 a legal or constructive
obligation committing the charity to that expenditure, it is probable that settlement will be Tequired. and the
arnount of the obligation can be measured reliablv.
Expenditure includes attributable VAT for that expenditure which cannot be recovered.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs
are allocated or apportioned to the applicable expenditure headings. See Ildl below for further informatlon.
Grants payable are payments made to third parties in the furtherance of the charitable objects of the
Congregation. In the case of unconditional grants these are accrued once the recipient has been notified of the
grant award. Grant5 award5 that are Subject to the recipient fulfilling performance condition5 are only accrued
when the recipient ha5 been notified of the grant and any remainin8 unfulfilled condition attaching to that grant
s outside of the control of the Congregation.
io

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
Forthe year ended S April 2024
NOTES TO THE ACCOUNTS Icontinuedl
2. ACCOUNTING POLICIES Icontinuedl
Idl Costs and basls of apportlonlng costs
lil The costs of raising funds comprise the fees paid to the two stockbroker5 in connection with the
mana8ernent of the charity's listed investments.
(IS) Charltable activlties are those costs directly incurred in the provision of care service5 and supportin8 the
Order in their pastoral work both in the UK and overseas.
liiil Governance costs include those costs directly Incurred in complying with the statutory obligations of
managing the charity.
lèl Taxation
The charity is considered to pass the tests set out in paragraph 1 schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charity for UK corporation tax purposes. Accordingly. the charity is
potentially exempt from taxation in respect of income or capital gains received within categories covered bv
chapter 3 part 11 of the Corporation Taxes Act 2010 and section 256 of the Taxation of Chargeable Gains Act
1992 to the extent that such incorne or gain5 are applied exclusively to charitable purpose5.
VAT Incurred is not recoverable and is treated a5 part of the expenditure headin8 for which it was incurred
lfj Tanglble flxed assets
The London property and the motor cars are valued at cost. The Brlstol property wa5 sold in a previous year. No
depreciation is provided in the5È atcounts in respect of properties 3s the trustees consider that any depreciation
charge would not be significant.
Depreciation is applied to the undernoted tangible fixed assets as follows-
Furniture and fittings
25% per annum on reducing balance
Motor C3TS
25% per annum on Teducing balance
Igl Fimed 355èt Investments
Investments are a form of basic financial instrument and are init23lly Tecognised at their transaction value and
subsequently measured at their fair value as at the balance sheet date. Foi listed investments, fair value 15
based on the closing middle market price on a recognised stock exchange.
Realised and unrealised gains and losses are accounted for in the stalement of financial activities in arriving at
the net movement of funds for the year.
Investment income has been taken into account on the basis of the due date foi payment.
Ihl Funds structure
lil Unrestricted designated fund5'. these funds are amounts set aside and desiÈnated for specific purposes by
the trustees.
lill Unrestricted 8eneral funds.. the general reserve represents those funds not designated. which the trustees
may use in the furtherance of the charitable objectives of the Congregation.
For further details of each fund are disclosed in note 10.

THE CONGREGATION OFTHE SISTERS OF THE FINDING
OFJESUS IN THETEMPLE
For the year ended 5 April 2024
NOTES TO THE ACCOUNTS Icontinuedl
INVESTMENT INCOME
2024
2023
Income from investment assets listed in the UK
Income from investment assets listed outside the UK
Interest
258,184
46,964
39,041
253,791
45,686
8,097
344,189
307.574
4. CHARITABLE AcfiviTIES
Grant
Support of
fundSng
Slsters and
activltles pastoral work Governance
Total
2024
Total
2023
Grants and donations Isee below)
Staff costs Isee note 51
Provi5ion5
Cost of runnin8 prernise5
Property repairs, maintenance
and refurbishment
Depreciation (see note 61
Sisters, living and pastoral expenses
Training and Sisters, formation
Bank charges
Auditor5, remuneration..
Accountancy and other services
Audit
Lègal and professional fees
403
403
598
4.001
8,807
4,001
8,807
1,276
S,604
64,515
15
1,724
1,091
187
64,515
15
1,724
1,091
187
9,320
20
1,921
3,926
275
8.232
5,748
1,500
8,232
5,748
1,500
7,932
5,748
Total 2024
403
80.340
15,480
96,223
37.400
TotJ12023
598
22.342
14,460
37,400
Grants and donatlons
2024
2024
No.
2023
2023
No.
Remittance to Mother House in France for
the Order's missionary work in Africa Isee note 111
Remittance towards major works at Mother House in France
Mass offerings and small donations
403
598
403
598
12

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
NOTES TOTHE ACCOUNTS Icontinuedl
PARTICULARS OF EMPLOYEES AND TRUSTEES
St. Angela's. the residential home for the elderly, closed on 31" May 2012. Thereafter the charity employed two staff
to adminlster the property in preparation for its sale in May 2013. Since then, the chaiity has had no employees and
is administered by its trustee5.
As mernbers of the Order, the living expenses of the trustees during the year were borne by the trust for thè
residents in the English House and when there are visits to England from the Mother House in France (note 31 but
the trustees received no remuneration or other benefit5 in connection wlth thelr duties during the year.
TANGIBLE FIXED A55ETS
Furniture
and
rrttings
Freehold
Property
Total
Cost or valuation
At 6th April 2023
Additions
Disposals
792,024
8,897
800,921
At 5th April 2024
792,024
8,897
800,921
Depreciation
At 6th April 2023
Olsposals
Charge for the year
8,836
8,836
Is
15
At 5th April 2024
8,851
8,851
Net book value
At 5th April 2024
792,024
46
792,070
At 5th Apri12023
792,024
61
792,085
The assets above are held for charity use. The freehold property comprises a convent in London at the cost of
£792.024. The trustees do not believe it is necessary to carry out an impairment review.
13

THE CONGREGATION OF THE SISTERS OFTHE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
NOTESTO THE ACCOUNTS Icontinuedl
FIXED ASSET INVESTMENTS
2024
Market value
2024
Cost
2023
Mi7rket Vtslue
2023
Cost
At 6th April
Additions
Disposals
Realised galns Ilossesl
Unrealised gains Ilosse51
10,011,707
3,122,567
12I66,2751
218.850
208,850
7.827,778
3,122,567
12,866,275)
520,227
10,994,007
656,469
(881,4901
(128,3691
(628,910)
8,128.298
656,469
(881,4901
175,499J
At 5th April
10,695.699
8.604,297
10,011,707
7,827.778
Cash awaiting investment- sterling
390.193
390,193
701.871
701.871
Market value at 5th April
11,085,892
10,713,578
Historic cost at 5th April
8,994,490
8,529,649
The investments are analysed as below..
Investments listed in the UK
Investments listed outside the UK
6,994,308
3.701.391
5,264,092
3,340,205
6,975,563
3,036,144
5,078 448
2,749,330
10.695.699
8.604.297
10,011, 707
7,827.778
None of the investments exceeded 5% of the value of the portfolio at the year-end.
In ècctsrdance with the provision of the "Charities SORP IFRS 1021" published by the Charity Commission.
inve5trnents are shown in the accounts at their rnarket value at the balance sheet date and thè gains Ilossesl on
revaluation have been credited Idebitedl to funds.
At 5th April 2024 thi5 has brought £2,091,402 into inve5trnent value and funds12023- £2,183,929 brought inj.
This is reconciled as follows..
2024
2023
Reconciliatiorb of movements irb unrealised Bains on investment a55ets'.-
Unrealised gains arising on revaluation brought fOn￿ard at 6th April
Add Ideductl In respect of dlsposals In the year
2.183.929
2,865,709
1301.3771
(52,870J
1,882,552
2,812,839
Net galns I10sses1 arlslng on revaluations in the year
208,850
1628,9101
Unrealised gains arising on revaluation carried forward at 5th April
2.091A02
2,183,929
14

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
For the year ended 5 April 2024
NOTESTO THE ACCOUNTS Icontinuedl
DEBTORS
2024
2023
Dividends due
Prepayments
56.214
147.308
453
56,214
147,761
9. CREDITORS.. Amounts falling due withln one year
2024
2023
Accruals
37.330
49.160
10. TOTAL FUNDS
Incomin8
Bt71onces ot resources and
6th Apri12023
gains
Transfers
between
funds
Resources
expended
and losses
Balances at
5th April 2024
Unrestricted funds
Designated funds..
Fixed a55et5 fund
Investment reserve
Fund for aged and sick sisters
and students
Retirement fvnd
792.085
8,529,649
1151
464,841
792,070
8,994,490
io,ooo
287,035
10,000
287,035
9.618.769
464,826
10,083,595
General reserve
2,448,299
788,495
1464,8261
1152,2831
2,619.68S
Total
12,067,068
788,495
1152,2831
12.703,280
Represented bv'.-
Unrestrirted
fund5
Tangible fixed assets
Investments
Net current assets
792.070
11.085,892
825,318
12,703.280
16

THE CONGREGATION OF THE SISTERS OF THE FINDING
OF JESUS IN THE TEMPLE
Forthe year ended 5 April 2024
NOTESTO THE ACCOUNTS Icontinuedl
10. TOTAL FUNDS Icontinuedl
Description of funds-.
lal The fixed assets fund comprises the amount of the net book value of the tangible assets at the balance she
dale.
Ibl The investment reserve fund represents the cost of the investments, these being retained as a permanent
nvestment base.
Icl The fund for aged and sick sisters and students 15 an amount set aside to meet any demands for funds from aged
and sick s15ters and students.
Idl The retirement fund exists to meet any calls for funds to assist sisters of the CongTe8ation who have or will have
retired.
lel The 8eneral reserve is undesignated income.
11. TRANSACTIONS WITH RELATED PARTIES
As indicated in Note 4 to the financial statements the Congreeation made no remittances (2023 - none) to the
Mother House bank account in Europe for transmissitrn to the Order's missionary work and building WOTk5 in Africa.
A substantial payment was made after ihe year end and will be disclosed in next yearfs a¢¢ount5.
As explained in note 4, as members of the order. the liwnB expense5 of the trustees are borne by the Trust. No
remuneration or other benefits were received by the trustee5 in connection with their duties durin8 the current or
preceding year.
16