REGisfERED CHARITY NUMBER: 229216
Report of tb¢ Trustees and
UuAudlt¢d FinAmel*l Statements for the Yur Ended 31 December 21n3
THE ORDEROFST BENEDI￿AT ALTON ABBEY
B20 LIMI￿
Chartered Certified Accounlants
Charwell House
Wilsom Ri)*d
Alt
Ham￿h1[e
GU34 2PP

THE ORDER OF sr BENEDicf AT ALION ABBEY
Contents ofthe Financial Ststements
ror the Year Ended 31 December 20
g¢
Rewjrt of tht Trnstee4
I to 3
Independent £ximiner's Re￿rt
ststemertt of FSn•nci*l A¢liviti¢s
ststemtnt of fin*aci*l PoSit￿th
Notes to the Flnonclal St8lements
7 to 12
DetAiled StAi¢ment of ￿1n￿ntI*l Activities
13 10 14

THE ORDER OF ST BENEDicf AT ALTON ABBEY
Report of the Trustees
for the Ye•r Ended JI D&¢thber 2011
The tTUStee5 pre5eni iheir rep)rt wilh the fitwcial y2temKn¢S of the d)arity for th¢ year ended 31 De£emE¢r 2023. The
trusiees have adopted ¢he provisions of Ac¢ountiThg and Re￿)rtIng by Chan"ties.' Ststenxnt of Rttommwded Prn¢tice
dpplicable io charilies preparing their ac¢ouThts in ￿A)rd￿¢t with the Fi)uncial R¢tATrrting Standard applicable in the
UK and Republic of Ireland IFRS 102) leffextive l January 2019)-
OWECTIVES AND AcfiviTIES
Obj¢ctives #nd aim5
Alion Abbey 15 re815tered Ls a charity with the Charity Commission with the object of 'the purposes of the Order of Si
Benedi¢t and Ihe main*nance of destitute and infimi nxrchant seamen houxd li the Abbey, Alton. Hampshire,.
Aeeording lo the Constiiution the Obj￿ of the Order is to 'exist to allow th¢ living of the MC￿￿$t1¢ vocatiort. and
wiine$5 w monasti¢ values and insi8hts in the Church of Engla￿.
The pensionary for M¢rchant Seamen closa in 1989 bui the Community ￿￿lInUt to administer th¢ Se8men'5 Friendly
Society of Si Paul. for ¢h¥ritable and religious work arTh)ng Mctchant Sailors of any nfition and th¢ provision of
attommoddtion for retired sailors. The graves of over 2((> merchan¢ sailors are kn be found in the Abb¢y eeme*ry.
Th¢ Community aLw undertake sucth oth¢r ClXFKJral works of nxrey as opfftnity sh￿1
The Communily admitted Oblaies {men living ac¢ordin8 to an indivKILd Rule of Life rO￿¢d in the 8¢nedi¢tin¢
eth05 and charisms): in ihe cvrrenl fom. thi5 has been urmkrfaken since the mid 1960$. Oblai¢s live in the world with
oll the duties and re5poDsibiliiie5 of ihe secular stsie. hnd In the coniexi of thei¥ famkly life. Many of the Oblaies Are
cleT8y of Ihe Church of England whose association wilh th¢ Abw roots and strengthens their spiritual life to the
benefit of their F4ri$hes and conBr¢gotiryts.
In all a¢tivilies, the m¢mbers of the Ceffimunity are Mi￿1ful of the Safe8utrdin8 Princip1¢5 that make the life and
work of ihe Abbey a saft and nourishin8 environmeffl for all ￿ncerned in its aciivitie5. The provision of, Jnd
compliance with, ¢he statements Bnd policies of ￿re&￿ardIn0 is rnulinely monitored and ass¢ssed in ¢oopera¢ion with
the Diocese of Winchester
Signifieant fictivitlej
During ihe period of these accounts, the Chariry h¥ eoniiDugJ to maintsin the Abt¢y as the h(xne some of th¢ Life
Profts3ed Monks.
The C(xnmunity continu¢s lo align itself wilh the Objectiv¢s of the Seamen'5 Friendly &Kiety of Saint Paul, and to be
resdy to undertake works on behalf of th* So¢iety: rouiine work to this end is in administerin8 its Trust aciivity,
tending the grnwes of the dec¢&sed. and bein8 prepared to make grants as appIl￿tIonS ar¢ made for aid by sailorn QT
their representalives.
t￿rIng the course of this year the trU￿ceS have been involved in discussions to facilit2te th¢ dispersal of the monks Ln
r¢sidence with the ultimaie aim of disposin8 of the Abl*y sit¢. Increasing infimity and the la¢k of suitable me
putting themselves fon¥ard tts join the Community have mth it unr¢81isiic for the exi51ing Comrnunity to continue in
r¢siden¢e. Work has been done to amend the Cr*￿bl￿tIon in ¢)rder to ￿Ver the n¢w situdion with monks fK) longer in
residerte.
Safeguarding requirements have been addY¢s%d through d￿n end national checking and e*tifi¢atiw procedures
during the Course of the year, and M￿kS look forward io attending diocesan refresher ￿￿Tse5 during the coming year
to ensure our 8LH)d praclicc in safeguarding those who ￿me io the Abw.
P8ge I

THE ORDER OF ST BENEDICT AT ALTON ABBEY
Report of the Trust¢e5
for the Ye8r Etyded 31 Ik£ember 2023
FINANCIAL REVIEW
Re5erve5 policy
The buildings ar￿ other fixed awts of the charity ale rwuiffjj in for li to C4rry on its ststed charitsble activities.
The inve5¢ment portfolio is main￿lAed in order lo supplement other Incorne of the ¢harity ¢0 mect those objectives and
therefore the tnjstees have da¢[Min￿ ihat fu￿ls. equal to ihe net value of fhxed assets plus the markd value of the
portfolio 5htsuld ￿ designated. As at 31 D&emE¢r 2023 this amourf¢d to £3.574,014.
In order to enslwe that day tts day committ)￿nts can ￿ rne( li is the m￿CeS policy to maintsin a ba1￿ce on unresknaed
rts¢rves whi¢h equates to ￿ leLst three months of unre5triL*J payments. At 31 t￿¢￿ber 2023 this equ*e5 10
£27.048 and the general fund and cash at bank ai 31 Decembet 2023 exceeded th15 fi8111e.
STRucfuRE.GOVERNANCE ATID MANAGEMEP4T
Governing doeument
The ¢ommunity founded as lh¢ Order of St Paul by Charle5 Hopkins and the land at Bttch was purchased in 1895.
It is wrLStituted under a trust deed dated l May 1925 (as &meThj￿ OD 17 D￿lber 19801 and by a scheme sea5ed on 2
S¢ptember 1982. 11 is re8iStered &% a charhty with the Charity Commission.
Trustees
The iwsiees who held office during financial year and at the da* of this ￿port are s¢t out on pa8e l. The Abbot for
th¢ time bein8 of the Order of St Benedi¢i is an ex officio trustee 8nd other trustees are appointed by the tTUSWS. Each
trustee alitnds the meetin8s held at lea4 four times & yeu. The tntstees arr reswnsible for managing the
'temporalities'. that is the secular properties and possessions of the ONleT. in wnjunciion wlth the Abt4)t and in
8¢¢ordance with the ¢rusi deeds. In ¢a¥ryin8 Out the trusts W oui in the trw%i ded5 the thjstees shall act under the
direclion of the Abbot.
RF.FERENCE AND ADMINISTRATIVE DETAIiS
Regijttred ChArlty Jumber
229216
PrincipAI addre
Alton Abbey
Ab￿Y Road
Beech
Alwn
GU344AP
Tru$tee8
DomGHill
Dom A John50n
DNPrice
Dom A Shobro)k
Dom T Bavin
Dom A Witherspc
T Abraham
Rev Canon T Pike
Rev J Evons
Independent Exarniner
B20 Lirnited
Chart¢r&l Certified Accountsnts
Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP

THE ORDER OF sr BENEDicf AT ALTON ABBEY
Report of the Trnstees
for the Year Ended 31 December 21123
Approved by orderof the boArd of trustca Thk..
.. and si￿] on its behalf by..
Trusiee
Page 3

Independent Examiner's Report to the Trnste¢s of
THE ORDEROFsf BENEDICT AT ALTON ABBEY
Independent t￿Miner'S report to the tru￿¢¢8 ofTHE ORDER OF ST BENEDICT AT ALTON ABBEY
I report to the ¢harity tTusiees on my examinaiion of the accounts of THE ORDER OF ST BENEDICT AT ALTON
ABBEY (the Trust) ft)rthe year ¢nded 31 DeC￿￿T 2023.
Responsibiliti¢$ 8nd basis of report
As the charity tTl￿teS of the Trust you are reswjnsible for the preFwation of the accounts in accordanee with the
requirements of rhe Chariiie5 A¢t 201 I Cthe Act.).
I report in re$r￿¢ of my examination of the TrusV$ w)unts carried under Wion 145 of the Act 8nd in caryying
out rny examination I have followd 311 applicable Dirttuorts given by the Charity Commission undu s￿l0n
145(5Xb) of the ACL
Independent exAmlnerfs stgt¢ment
I have completed my exarninavon. I confirm that no material matt¢rs have wme to my attention in eoMe¢tion with the
examination giving me cause to FKlieve thot in any m&*rial re5Pta'.
ccouniin8 records were kept in restrtt of the Tru4 requir¢d by Seaion 130 of the Act: ¢x
the accounts do not aecord with Ihose recorfs: or
the accounts do noi comply with the applicable Tequirements concerning the fcvm and content of a¢tounts set
out in the Chariiits (A¢¢ounts and Rep)rfs) Regulaiions 2￿8 other than any wuirement the hccounts give
atrue and fair view which is not a matt¢r CL￿97{￿red as prt of an indep*thi examinati￿.
I h&ve no Conten￿ and h&ve corne acm5s no other m&ttrrn in cOnn￿lon with the exarnination to whi¢h attention thould
be drnwn in this report in order to enable a proper Unde￿ing0[ the re*hrJJ.
MRSCS SCULL BA FCCA
B20 Limited
Chartered Certified Aecounlants
Charwell HoLSS¢
Wilsom Road
Alton
Hampshire
(JU34 2PP
P8ge 4

THE ORDER OF ST BENEDicf AT ALTOIY ABBEY
Stxtemeni of Fingncial Activities
for ¢he YeAr Ended 31 Dec¢mber 2023
31.12.23
Total
31.12.22
Total
fitnds
Unr¢5triauI R45kn(ts1
fimds
fund
Notes
INCOME AND ENIKIWMENIS FROM
Donations and l¢gacies
19.174
19,174
71,165
(hher tr8ding acuvities
Investmeni income
10,000
29,176
10.01
29.176
10.000
25,810
Total
58,350
38.350
106.975
EXPENDITUREOP4
ChhritAble aetivitie
Minislly Costs
Governance
110,248
40.475
110.248
40.475
141.990
15.607
Totgl
150,723
1s0,n3
157,597
Net 8&in￿{lo5￿} on invesunents
1.080
1,080
{101,344)
iYET INCOMEIIEXPENDITURE)
(91293)
(91293)
1151,966)
RECONCILIATION OF FVNDS
Total funds broughi forward
3,815.976
3,815.976
3.967,942
TOTAL TrUNDS CARRIED FORWARD
3.724,683
3.724.683
3.815,976
The n¢J*S fomi w ofthese fJnan¢i81 statrThei)ts
Page S

THE ORDER OF ST BENEDICT AT ALTON ABBEY
St*t¢meni of financial Positio
31 D¢tember 2023
31.12.23
Total
funds
31.12.22
Totsl
filnds
Unre5triLad Re5tri¢t
fuThJs
Notes
'IXED ASSETS
Tangible assets
Heritage assets
Investments
2,838,103
38.421
697.4
2,838,103
38.421
697.4
2,841,732
38.421
721,718
3.574,014
3.574.014
3,601.871
CURRENT ASSETS
Stocks
Debtors
Cash 81 bank AfKI in hand
410
25.(M)3
130.087
410
25.964
192.527
410
25,003
130,087
155.5CKI
155.51)0
218,901
CREDITORS
Amounts falling due within one y¢pr
10
(4,831)
14,831)
14,796)
ET CURRENT ASSETS
150.669
150,669
214,105
TOTAI. ASSETS LESS CURRENT
LIALIILITIES
3.724.683
3.724,683
3.815,976
NET AssgTS
3.724.683
3,X4.683
3,815,976
FUNDS
Unresth¢ted funds
3,724,683
3.81 S,976
TOTAL FUNDS
3.724,683
3.815,976
were apwved by ihe Bcwd of Trust¢¢5 authoristhl for iss
on
The financial staiements
..I.I. 2QA¥oThJ
were 51wryl uri ILS bthiifby.
Trustee
TTLlSt¢e
The notes fomi Tmrt of these financia] statements

THE ORDER OF ST BENEDICT AT ALTON ABBEY
N(ptes to the FinanciAI Staiements
for th¢ Year Ended 31 Decernber 2023
ACCOUNTING POLICIES
Basi8 ofprtparing the financial $t*lem¢nts
The finar5cial stsiements of the charity. which is a public benefit entity uThler FRS 102, have been ptyar&J in
accordanc¢ wiih the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Siatrrneni of
Recommended Praelice applicable io chatiiies prwing their accounts in a￿)rdance with th¢ Financial
Reponing Sthndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 20191,,
Financial Rew)rting Standard 102 The Financi￿ ReFKJrting Stsndard appliuble in the UK and Republic of
Ir¢land' and the Charities Act 2011. The firthnciai yatem¢nts have been prep8red under the historical cost
nventloll. Wlth th¢ exc¢Oi¢)n of investsnents which are iNclth * market value, as modified by the
revaluation of certain 8s5Cts.
Fln*ntl#l reportillE stsnd¥rd 102- redy¢ed disclosure ¢xemptions
The Charity has taken advan¢ag¢ of th¢ followin8 dixlosure exernpuon in preparin8 these financial statements.
as ￿rMitted by FRS 102 The Financi￿ Rep)rtin8 Stsrthrd applicAbl¢ in th¢ UK and Republic of Irel￿d.:
the requirements of SKliort 7 Strtem￿l of Cash Flows.
Incom¢
All income is rccognised in the Siatemeni of Financial Aaivilies onee ihe ChArity has entrtlem¢nt to the fund$.
it is prob&ble thA¢ the income will be receiv¢d the amowit can bE measured reliably.
Gift aid is reco8nised and di￿105¢￿ within dcwtions for the perityj in which entidement ari5¢S.
Expenditure
Liabilities aT¢ recwised as exF¢ndItU￿ as soon as thue is a legal fx constr￿liVe obliwion committin8 the
charity to Ihot expKnditure, it is probable that a tsan5ftr of vxonomic beneflts wll be rn4UiTed in settlement and
ihe amount of the obligation can b¢ measuTryI reliably. Expenditure is o¢cowiir)J for on an awrud]s basis and
hos been ¢l&ssified under he￿ing$ that 8ggre8ate all CO￿ related io the ute80ry. Where eosts unnot be directly
aitributed to p#rti¢ul¥ heodin8s they have b¢th allwated to aaivities on a basi5 consis¢eTht with the use of
resources.
Grants offered subjttl io conditions which have been nttt at the year end date are nottsj os & commitment
bul not accrued 0$ exFendiiure.
TAniible fixed Assets
Depre¢iation is provided at the following artnual ratrs in order to writ¢ off eath #ssel over its estimated u5¢ful
Freehold proF¢t1y
Fixiures and fiitings
Motor vehicles
Where buildings are mainuineAJ to gjch a 5thndard thfit their estirnatrd rtsidujl vdu¢ is not less ¢IHn the
rev&lu¢d amount then no deFrt¢iation is as it in Conside￿j to b¢ material, aThJ no dewxiatioD is
provid￿1 freehold land.
in I￿ordIN¢¢ with the proF*rty
l(Phon cost
25Yo on reducing FAlanc¢
Stock
Stocks are valued at the lower of CO￿ and net re•li58bk valu< aiknr makin8 due ￿lOW￿¢e for ob501ete and
slow moving i¢¢nis.
T#x&tion
The charity is exemM from tsx on its charitable *tiviti&s.
Fund sccounting
Unre5tri¥Xed funds Ix used in awirdance with the charitsble objectives ￿ the discretton ofthetwstees.
continud...

THE ORDER OF ST BENEDJcf AT ALTON ABBEY
Notes to the Finaurial Statements- ¢ontinued
for the Year EDded 31 Dec¢mber 2023
ACCOUNTING POLICIFS- contiDu¢d
Fund 8ttouDtin%
Restricid fvTrJs can only be used for particular re5tri¢xd purposes within the objects of the charity.
Restrietions arise when specifiul by the donor or when fuNJs are rnisd for porticular r¢5tricted pJrpose5.
Further explonalion of the n8lure and purp)s¢ of exh fi¥wJ is included in the ncrfes to the financial statem￿ts.
Hire purchgS¢ gnd leasing coThmitrnents
Rentals poid under operdting leases are ¢h4r8tsJ w the Statrment of FIna￿la1 A￿1vill¢S on & strai8ht line basis
over ihe ￿rIOd of the lease.
OTHER TRADING AcfiviTIES
31.12.23
31.12.22
Charges for seryices provid￿1
10.000
10,(
INVESTMENT INCOME
31.12.23
31.12.22
vidends
Deposit aw)unt interesi
27,53S
1,641
24,966
844
29.176
25,810
TRUSTEES, REMUNERATION AND BENEFITS
There were Th) ¢wstees' remynerntion or other bertfits for the year eth 31 December 2023 n¢* for the year
ended 31 December 2022.
TruJtttJ' eypenJtJ
ring the year under review travel expenses w¢re reimbursejj ￿ enable Thi$tees, inelL¥Jin8 the relwted
monks. to att¢nd m￿1￿￿$.
Page 8
Continued...

THE ORDER OF sr BENEDICf AT ALTON ABBEY
Notes to the Finantiil Statements- continued
for the Year Ended 31 December 2023
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
Motor
vehicle5
Total$
COST
At l January 2023
Disposals
2.835.730
176.254
23.221
(14,360)
3,035,205
(14,3￿)
At 31 DKember2023
2.835,730
176.254
8.861
3.020,845
DEPRECIATION
At l January 2023
Charge for year
Eliminaia (XL disposjl
22,450
193
{14,360)
193,473
3.629
114.3601
3,436
At 31 December 2023
174,459
8,283
182,742
NET BOOK VALUE
At 31 Ikcem￿r 2023
2.835.730
1.795
578
1838.103
At 31 December 2022
2.835,730
5.231
771
2,841.732
HERITAGE ASSETS
The H¢rit88e As*ts consist of the endowed vesffiKnts and liirny.
FIXED ASSET INVFSTM8rffs
The Charity owrs l(NPh of th¢ i>sued share eapithl of i tradin8 comp•ny. Abbey Suppli¢5 Limitgj, which
is now domiant. The a￿1vill¢S were previously Imm￿crial compJTed to the total activities of the charity and
accordin8ly the charity hod taken advanta8¢ of exemption from Preporing con5011￿trd a¢￿￿nts. The
capital arMJ re5¢rves &[ 31 Dc¢embeT 2023 ore shown at IxK)k value.
The rn￿rk￿ value of listed inveslments ai ia Janufvry and 315t Decunber 2023 is provided by the Charity's
portfolio manager Quilier Cheviot at ¢lo$in8 Pritt.
STOCKS
31.12.23
31.12,22
Stock5
410
410
Poge 9
continu￿...

THE ORDER OF %r BETriEDicf AT ALTON ABBEY
Notes to the Fin¥theiAI Stalernehts- covtinlled
ror the YeAr Ended 31 Decemb¢r 2023
DEBTORS-. AMOUNTS FALLING DUE WITHIP¥ ONL YEAR
31.12.23
31.12.22
O¢her debtors
25,(KJ3
25,964
10.
CREDITOIL8: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Trade ¢reditors
Other crcdil(*S
275
4J21
4.831
4.831
4,796
MOVEMENT IN FUNDS
Net
movement
in funds
TrAnsfws
be￿¢¢n
nd5
Al
31.12.23
Ai 1.1.23
UDrestricted fund$
General fund
Designaied TeseNes fuTrJ
212,255
3.IA)3.721
(110.870)
19,577
26,863
126,863)
128,248
3,396,435
3.815.976
{91293)
3.724,683
TOTAL FUNDS
3,815.976
(91,2931
3,724.683
movement in fvnds. included in the above are 85 fdiows:
Inc￿1￿8
R¢50urees
expend
Gains And
loss¢5
Movement
in funds
Unr¢$iri¢ted funds
General fund
Designated reserves fund
30.814
27.536
(141.684)
(9.039)
{110,8701
19.577
1.080
58,350
{150,723)
1,080
(Ql,2¢)?1
TOTAL FUNDS
S8.350
(150.723)
1,080
191,2931
CompAratives for movement in funds
Transfer5
bdwecn
funds
mov¢menl
in fund5
Al
31.12.22
At 1.1.22
Vnre5tricted fu*ds
General fund
Designated re5erv¢s fvnd
244.696
3,723246
(38.214)
(93.752)
25.773
(25.773)
212.255
3.603.721
3.%7.942
(151.966)
3.815.976
TOTAL FUNDS
3.967.942
(151,966}
3,815,976
Page 10
continued...

THE ORDER OF ST BENEDicf AT ALTON ABBEY
Notes ¢0 the Fi￿9￿CIal Staternents- continued
for the Year Ended 31 tlttember 2023
MOVEMENf IN FUNDS- ¢o￿tinUed
Comparaiive nei nx)verneni in fund& it) the aiwe are as follows:
Reswrce5 Gains and Movement
ex￿nded
losses
in funds
Ino)rning
Unrt8tri¢ted funds
General fund
Designatrd res¢rve5 fund
81,164
24.966
{139.378)
(17,374}
(38214)
(93.752)
(101,344)
1(ffj.130
{156.752)
(IOlJ44)
(151,966)
Resirfcted fund$
Friends of Alton Abbey
(843)
T(yfAL FUNDS
106.975
(157.597)
{101.344)
(151,966)
A Current year 12 months and prior year 12 nxjnths cOrnbir￿Al p)sition is as follows:
Net
movement
in fvnds
Transfers
trtheen
fvnds
At
31.12.23
Ai 1.1.22
Unrestrfcted funds
General fund
D¢5i8nated ff5eJves furKI
244,696
3,723246
(169.084)
(74,1751
32.636
(32.636)
128,248
3,596,435
3.967,942
(243.259)
3,724,683
TOTAL FUNDS
3,967,942
(243259)
3,724,683
A current Ye￿ 12 months and prior year 12 rn¢)nths combined net m￿eMent in fvnd% included in the above &r¢
&8 follow$'.
Incomin8
Resources
¢Mp•ndod
Goins and
Movement
in fisnds
Unrestrieted funds
Genernl fund
D¢si8n8trd res¢Eve5 fund
1.978
52.502
(281,062)
(26.413)
{169.0841
(74.175)
{l(MJ,264)
164.480
{307,475)
(100264)
(243,259)
Restricted fxnds
Friends of Alton Abbey
845
(845)
TOTAL FUNDS
165J25
{308320)
(100,2641
(243.259)
Pagell
continued...

THE ORDER OF ST BENEDicf AT ALTON ABBEY
Noies to the Fin&Dri#l St8t¢ments- Continued
for the Yt•r End¢d 31 December 2023
12.
RELATED PARTY DISCLOSURLS
t￿ring the yeor under review Seamen'5 Friendly S(tiety W&5 charged £10,0￿ (2022: £10,(ml for providin8
services.
PagE 12