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2023-03-31-accounts

CHARITY REGISTRATION NUMBER: 230143 OSCR No: SC048259

The Community of All Hallows Financial statements

31 March 2023

The Community of All Hallows Financial statements Year ended 31 March 2023 Page Twstee Board's annual report Independent auditor's report to The Trustee Board 10 ststernent ol finallcial aclivilie5 14 Balance sh¥¥1 15 Statement of cash flows 16 Notes lo the financial slalements 17

The Community of All Hallows Trustee Board's annual report Year ended 31 March 2023 The Trttstee Board pre5en15 their report and the finanual st8lements of the charrty lor the year Ènded 31 March 2C123 The financial slatemenls have been prepared In accordance witr the accovnting policie5 Set out In notes lo Ihe accounis and comply Wllh the oanty'5 governing documeni. the Chaiiiies Aci 2011 antj Awouniing an Reporting by Charlties. Stslernent of Reeornmend8d Practice applicable to eharits'es preparing their accounts In accordance with the Financial Reporting Standard applicab5e in the UK and Republic of I￿land published In Ociobèr 2019. A message from the sisters The Sisters in Bungay agree that by faT the most Important part ol our ministry takes pla￿ In ovr chapel a5 we say the 4_fold Office re9ulady each day and have ihe joy of 3n occasional Eucharist cg1@braiÉd here loo Sometimes there are Just the N¥0 of us. but we are also frequently joined by a small band of lailhlul Oblates, A550Clates. and the gvesls who are slaying wrth u5. We have picked up an Increasing nU￿be[ of prayer requests. somelimes from unlikely sources such as Ihe man who came to service our Aga and the one who sells bread at the Thursday Market, and we've supported quite a number Of people through various operation3 and family or health Grise5. We have had Requiem Masse3 In our chapel for our two Si5ter3 who have died this year, which were beaulifully celebrated and meant sudi a lot to those who were able to be Dresenl. In addrtion lo Ihe services in our chapel, we ￿gUlarlY join with the parish group saying Morning Prayer on Monday5 in Trinity church. and the Ev¢h8T1st￿ wor5h1p on Sunday5, where we are on the rola5 lof Reading, Interces&ons and Coffee. After the Wednesday Eucharist I take the sacrament to I lolmwood Residential Care Home with (fftè Of the Churchwardéns once a month, and each Monday afternoon when I visit Sr Edith Margaret I give her Communion from the Re5eryed Sacramenl in our chapel. In Advent and Lent we have Quiet Days open to anyone. with Addresses and a Eucharist In our chapel and freedom to use the rest ol the house for praying. reading eic and twice a year. in the Spring and Aulvmn we have days specially arranged for oui A550ciate5 anij Oblates. Those we've had this year have been very much appreciated. Keèping in touch with our Oblatès and Sr Pamèla by Notecards sent with their monthty Office Guides and Associates also by a card on Iheir Anniversaries and al other times Is a ministry within CAH as are phone 115 and WhaisApp messages between us. and Include our Novices. lrn August Sr5 Pamela. Rachel, Sheila and l. plus the 2 Nov¢es will be meeting at Wnitby foi our Annual General Chapter. 5 days In retreat and then 2 day s holiday together. It will be a good lime to hear about and affirrn our different ministries which are laT more diverse as a dispersed Community than was possible when we were a Residential Community with most of us at Ditchingham. Sister EIiz8belh Au9USt 2023

The Community of All Hallows Trustee Board's annual report Iconiinu8dJ Year ended 31 March 2023 Reference and admlnistrative details Registered ¢harlty name The Community of All Hallow5 hanty registraiion number Chariiy Commission 230143 OSCR SC046259 Prfin¢ipal office 23 Trinity st￿et Bungay Norfolk NR35 1EM Wioitor Rt Revd Timothy Stevgns CgE Trustee CAH Truslee Limited (Sole Corporate Trustee) Directots of CAH Trustee Llmitèd ITru6teo Boardl Revd Canon Andrew Bryant R9v(J Canon Richard Bowgtt IRÈsigned 6 De￿mber 20221 Sister Sheila Margaret Day Stuart Jones Inominated by the Bishop of Norwchl Sister Susan Elizabeth Oldman Sister Carolyn Rachel Beckell (appointed 10 July 20231 Revd Michael Kingston Christopher Dicker Alan Kenneth Cole (appointed 13 February 20231 S•nlor Staff Be<xy Go51ing Administrator Bankèrs National Westminster Bank PLC 1 Sfflallgate Beccles Suffolk NR34 9YY COIF 80 CheapsidÈ London EC2V 6DZ Investmènt Advisorg Barratt & Cooke 5 Opie Slieet No￿l¢h Norfolk NR13DW Auditor Lovewdl Blake LLP Chartered accountants 8 statulory aijditor Bankside 300 Peachman Way Broadland Business Park Norwich NR7 OLB Sollcltors Bitketts LLP Providence House 141-145 Princès Street IP1 1QJ

The Community of All Hallows Trustee Board's annual report Icon¢Inue￿j Year ended 31 March 2023 Obj•ctives and activities The objècls ol the Community and Ils membèrs are the service ol God In the faith ol their Lord and Masler Jesus Christ by prayer and worship, by humility and charity and by using iheir gifts In chantable works such as the following the training and support of others In Chr15tian life and working with others lo fo￿ard the unity and mission of Ihe Christian Church, prowding facilities anLI teaching for promoting the general education. on Chnsb"8n principles, of persons ol all ages in the United Kingdom and abroad. care and relief of persons who arE Sick, infirtn oi iri Lviiditsviib vl lidrdsliip of dislress. At tho hoart of All Hallows are the Sistpr* in Final Vows that now live as 8 dispersed Community. These Sisters fom the core structure., observing a regular routine of prayer and dedication ID God. A Novice was clothed in the year and Oblates. Associates and Contact members form part of the Community's extended family. Participation at any level of involvement 1$ voluntary and Is marked by differing levels of forrllal cornmitmenl 8nd oblig8tion. The commitment to worship is expre55ed through the praying of a four-fold Office, celebration of the Eu¢har15t whenever possiblc and regular periods of medrt)tion. Welcome and inclusion remain strong elements ol the Community's ethos and Is at Ihe ￿re of ils 8Ctiwties. Sisters havè embraced social med1a plailorms to rèach out lo and provide support for those In need. The websile offe15 a player request function, and a weekly tlog is posled. Monthly guides arè Preparèd lor the daily office to make prayer accessible lo all. The Board continues to commer(ially let the medical service properties within the BungaylDit¢hingham area and are graleful that a provision of care has continued for local residents after the c105ure of All Hallows Healthcare Trust in 2019. The Nursing Horne remains let to Norsecare Ltd, the Hospital to the Oakleaf Group and a fuflher leasè has been secured for the Day Care Centre to Empanda Care and Support CIC. The funds received from the ¢ommero31 rents enabled further financial support to be given lo charities and Indivhluals by way of grant rnaking. Publ1¢ benefit The Community ol All Haiiows Carnes OLrt a wioe range of athiwiie5 in pursuance of lis ch8rnable aims. Sisters rem8in direclly Involved in offering hospitality lo guests, SPlTilual direction, leading relreals. volunteering, pastoral work and wfiting and campaigning in their local cofflrnijnity. They remain involved ecumeNically wilh thè churches on the Ross ol Mull. In Bungay and at the Norwch Cathedral. A weekly shift in a local cttarity shop and volunteering at the focKI bank conb"nues. as does stewarding at the Cathedral. and volunteering al Falcon Meadow Trust. It is these outward elements of support which constilutes public benefil as It is defined by the Ch8nty Commission - and they are the Ou￿ard and visible signs of an inward and spiritual cornmon life. The 8oard supports the charitable work of Ernmaus Norfolk & Waveney. The Julian Parts)ership and (until Ils closure) The Christian Confefence Trust by making available the propert￿5 they occupy at below-markel rates. The Board welcomes grant applications to enablè the Communily to make grants to olher organ158tions and Individuals whose activities further the Cotnmunily s own obje¢ts. The Board consider that these aims provide public benefit b(>th to those vjho visit and worship with the Sisters. 8fKI to the widèr public. The Board have referred lo the inforrnation contained in the Chanty Commission's 9uidanee on public benefrf and consider this when reviewing the aims and objective5 and In planning the COM￿u￿1ty.S future actI￿1t1es.

The Community of All Hallows Trustee Board's annual report l¢onlinu8d) Year ended 31 March 2023 A¢hie¥*ments and perfom•n¢e Ho$pit•lity The Community continues lo offer ￿treat accommodation al Its properties.. All Halltrws House, Bungay and at Roan Cottage. BunE5san on thE Isle of Mull. It has wdcomed groups. Indwidua15. and member5 01 thE der family within the year. Some people comè for space. aC￿ptance. time to be listened to an¢J support during difficuli patches. Othérs arè sèarching for a qviei place lor prayer, reflec￿.0￿. seeking God in Ihe silence of beautiful surroundings Peace is the princip81 expenen¢e- especially In the chapel where Jesus 15 present in the tabernacle and from there spreads His Peace through the house and out into the garden. Guests that come are Thol charged for their slay. the Community welcome donations if 9uests feel themselves to be in a position lo coThtribute. Quièt Day$.. The Advent and Lent Qyiel Days were open for anyone lo attend, with Ad¢Jresses and a Eu¢harisl in our chapel and freedom to use the rest of the house lor praying. reading etc. The Assoaates and Oblales Quiet Day held in Sprin9 and Autumn were well attended and havc been vcry much apprcciatcd. A new discussion group has started by Sister Pamela In Mull lor people who are not churchgoers but curious and want to discuss and explore topics further. Spiritual dlr•ction and accompanlm•nt Sisters have maintained links with indiwduals, supporting them In their spiritual joumey and the way they embody this In their daily lives. Thèsè rèlatitsnships arè sometirnes formalised under the title of 'spiritual direction, and more commonly are Inft)rmal, proceedin9 at the pace and in the style that suits the people concerned. More people have asked for Spiritual Directs"on since the pandemic and that a¢¢wnls for much of ihe Sister5, time. Grantgiving.. The second installment of a Ihree-year grant was paid to the Community of Si5ter5 of the hur¢h towards their refvjgee work. Thé ggetsnd inst8llmgnt ol s Ihreg-ygar grant wsg paid to The Julian of Nonwieh Partnership in January. The grant is desonated for thè overheads of the house and staff costs. Funding has been 8warde(S to Dls¢overing Prayèr towards 8n online prayer course providing teachings and gumled audio prayer times. A grant was made to The Nonylch Samaritans towards the relurbishment an¢J modernising their NO￿l¢h premises. Funding was given lo The Institute for Children Youth and Mission towards an onlir7e le8ming plalform equipping people how lo minister to children and young people. A granl was awarded to Byngay M•dl¢•l C•ntr• Charltahlg Tru$tlSeott Charlty Vdhich provides funds for relief in sickness lor people livin9 in Bungay and the surrounding area. Dollations have a150 been given to Aberlour towards their urgenl assistance fund. Southton Smallholding towards their therapy work and lo Tobermory Lifeboat to assisl with their litesaving an(J rescue work on the Isle of Mull. Church A￿Y & WITH.. Church Army gave CAH Trvslee Ltd one-years notice lo terminate the lease ol the th'lehingham site in April 2022. 8$ 59dly Ihe WITH charity were unable to secure the funding to continue their opeT8tion. Building project$ have been left unfinished on ihe site, and Ihe goard have agreed a payment from Church Atmy to return the buildings io good order.

The Community of All Hallows Trustee Board's annual report I¢oiiiinu Year ended 31 March 2023 Achievements and performance iconiinuedj Christian Confernnce Trust.. Thè Christian Conference Trust gave CAH Trustee Ltd one-years notice to lermin8le the lease of the onference centre in August 2022. The Board are working with The Benjamin foundation. a sub lenanl of CCT to secure the continuing provision foi childcare at the site. All Hallows Chapel. Ditchingham." The Board resolved to spend funds lo re-roof the All Hallows chapel roof to weserve the building. Financial review The Statemeni of Financkgl Actiwties Is summariscd as follows for this and the prceedin9 year." 2023 2022 Donations 3nd legacies Income 148,402 508,455 159,915 164.895 481.052 Other income Expenditure on eharitable activities Net in¢¢mellexpenditurel before {lo$$e$Vgains on investments 350.717 1632,3461 Nel Ilosse5llgains on investrnent5 an(6 ievaluallon5 438 692 552 283 Net movement in funds Prln¢ip•l fundlng $our¢es The principal funding sources during the year was Investment incorne from b)th the investrnenl portlolio and propèrtiès owned by the Community. Incorne has increased against last year largely due to the paymenl of the dilapidation claim from Church Army. Expendrture is Signifi￿NtlY lower than the previou5 peric*J because no mulli-year or large grants were awarded in the yeaf and there were fewer refurbishment cost5 for All Halbws. Norwich as the project was completed in JLJIY 2022. Fundralslng The Board understand5 Its duty to protect the public. induding vulnerable people, from unreasonably IntrLJsive or persistent fundrdising appro8ches and undue pressure to donate, and does not currently fundraise from the public or use any internal fundraisers or extemal fijndraising agencies for either telephone or face-lo-face campaigns and received no fundraisin9 complaints during the year. Reserves polScy It Is the Eloarcjs intention to mainlain Iree reserves equivalent lo approximataly 6 rnonth's expenditure including £100k for potential property repair$ 1£200kl_ The 8oard consider that thi5 level will provide sufficient to 5UPPOrt Ihe chanty." obJ"ectsves until thc invcstmcnts held arÈ liquidatÈd tsr Ètternative provisitsns for the activities are found. This policy is re￿8W&d annLJally. As at 31 March 2023 unrestritled free reserves were £512,318 (represented by unrestncted net cufrent assets) 12022. there We￿ no unrestricted free reserves as there were net Cu￿nI liabilities amounting to £264.232}. The Community alsts holds investments within unrestricted funds having a value of £7.839.946 12022." £8,746,554) al the year end. This is considered to be a capiial fund which generates dividend income lo support th& actiwties of the charity. Total funds held was £17,259,39712022. £17.347.3721.

The Community of All Hallows Trustee Board's annual report {¢onlinued) Year ended 31 March 2023 Financial review Icontinuedl Investment policy and perfomianc• The 8tsard has adopted an ESG lenvironmenlal, social and governance) investrnent strategy In order that the undertying investnents ar& b&tt¢r aligned wilh their ethical views. The Invesimni stralegy has three key pillars. Exclusions avoiding investment into companies for which their core businèss falls into sectors or inoustnes which are at odds wlh an ethical investment poli 2. Positive tilt seekiThg investment Into companies which are performing strongly land avoid Companies performing poorfyl on kèy ESG credentials such as envirMmenlal impact and soual & govemance factors Impaci- Invesiing lTrto Gompanies which are aGtively Lviili ILiuliiig 10 8 SUSt8inable s￿IetY. primarily th their productslservices helpin9 tts address the UN'S sustainable developments goals ISDGsl. Alongside portfolio reporting, the Investment manager provides periodic updates on how investee cornpanies are performing against $L￿h criteria. The portfolio is managed by Barratt & Cooke with a cautious policy to produce 8 b318n¢8 between income and upital 9rowth over the longer term by ethicBI Investment In a range of equities. collectivo Intèrasts and fixed Interest stocks. The investment objective of the Board is to prtKluce a balanced return be￿een ¢8pi181 growth and Income. The income requirement should not erode the p¢tential to maintain kne capital value of the portfolio In real terms. The inve5ttllent strategy is one of medium risk. In nomal times fvnds are invested with a large bias towards equity investments for potential growth in capital and income. The equity element may consisl of managed funds, direct shareholdings and up Its 10% of higher nsk equiiies. Creating a diversified equity allwtion. The balance of the portfolio will provide èxposure to gilt. fixed interest and preference shares which will have a minirnum weighting of approximately 15°h. The 8oard appointed a professional firm of inveslment advisors to ensure thal Ihe Énvestment objective Is achieved and the strategy is fully implemenled. They mcjnitrjr the portfolio on a daily basis and reDOrt regularfy lo the Board During Ihe year the performance of the portlolio achieved £218.799 12022.. £258.2901 of income. The Community resolved to reduce the income requiremenl of the portlolio to £225,000. The inveslmenl portfolio decreasèd in value by10s5es of £438,692 12022.. gains of £552.28318nd after withdrawing funds of £450.0￿ 12022.. £168,418), the portfolio decreased in value by £888,692 12022.. increased £383,805) during the year. Social investsnents and investment propertles The gradual peri(xl of transition from when the Sisters were actively present in reasonable numbers al Ditchingharn to a more di$persed community hag led to many of thc Community's charrtable a¢tiwties baing tsken over by third parties, many ol them charities thernselves. Some ol the prop8rties are rented on commeroal basis and are classified as Investment properties generating incorne and wlh the potent181 for capital growth. Other properties are not suitable for letting on a fully eommeraal basis and the Trustee Board has taken decisions to lease these to other charities at 8 peppercorn rènt in return for the buildings being maintained to a good standard and On the basis Ihat the activities are dosely aligned with the charitable objectives tsf The Community of All Hallows. These come under the definition tsf Soual Investments, pieviously referred to by the Charity Commission as Programn)e-Related Investrnents. The Trustee Board considers that it has ftJlfllleJ Its respon5its'lity. in witli Cliarity Commission guidance, to ensure that the properties ar¢ let on base5 which are in the best Interes15 of the Charity. In addition. the C(Mmmunily own5 a number of Inveslment properties which are occupied by individuals.

The Community of All Hallows Trustee Board's annual report fconiinu8dJ Year ended 31 March 2023 Plan5 for futur• periods Thg priority for tho Board is to Teturn Ihe buildings on the Ditchin9ham site lo good ordef and secure futurg tenants for both the conference centre and the Oilchingham site. As a dispersed Community the STster5 W111 continue with hospilalily, vocatson and thaiitatAe works. At present hvo Sisters live In a Comrnunity house In 8ungay. one occupies a Community property on the Isle of Mull and orne resides in a Community flat In Norwich. One Sister lives In a care homè in Bungay The Community will Gonlinue. whefe possibbe. to Use fijnds established from the renlal income of the hospital and nursing home site lo pursue an active policy ol making grants lo oiheT bodie5 and individuals who are able tts further the charity's obj'ects. Structure, g0￿ManCe and management IntroductloA The Community of All Hallows is a s¢xiety of women who have come together at the call of God to share a corporale life Its members. each of whom is referre gxpivss¥d. Tlie Chapter (￿nSistS of all S151ers who have made their Final Profession. The Joint Leaders are elected by a simple maionty c>1 all members ol the Chapter and confirmed In offi¢e by the Vigitor Thpy continue In office for three years and may be re-elected lor further Ihree-year periods in succession. li belongs to their office thal they should, at their discrelion. allo¢ale the Sislers, work and that undertaken by the Cornmunily. bul they have no ptswer to inaugurate new work w1thout the consent of Ihe Chapter nor shall any work authorised by the Chapler be relinquished wilhoLrt reference to the Chapter. In spiritual matters the Community is advised by the Visitor. the Rt. Revd. Timothy Stevens who. until his retirement. was the Bishop of LèicesleT and formerly B￿hOp of Dunwich. All administratsve matters, parlicularly those relaling lo the finances and prtsperty of the Communrty. are now the re5ponsib11ity of CAH Trustèe Limited. The salaries of key rnana9ernent pwsc>nnel is reviewed and agreed by the Buard of DiTeLtoi¥ uf CAH Trustee Liinited on arp annual basis and takes Into Gonsideration national pay percentage increases.

The Community of All Hallows Trustee Board's annual report {¢oniinue Year ended 31 March 2023 Structure, governancè and managem?nt Icontinuedl Relat•d parties The Cornmunily transacted In the year with the lollowng connected enlities.. Stuart Jones, a director of CAH Trustee Limited, Is a Legal Director at 8irketts LLP. Birketts LLP act as the Community's soliators. C8non Andy Bryant a director and Chair of CAH Trustee Limiled. is a Trustee on The Julian of Norwich Partnership. The Community lease a property and provide fundin9 to The Julian of Notwi¢h Partnership. Risk management The Board have a risk managemenl strategy which comprises of. a review of the pnncipal risk5 and uncertainties that the charlty faces., the establishment of policies, systems and procedures to rnitigale those risks identified in the annual review.. the Implern8ntation of procedures designed to minirnise or manage any potential irnpact on Ihe charity should those risks rnaterialise. The review has identified the key Nsks and ¢onsi¢Jered the actions required lo mitigate those risks. The principal risk for the charrty would be a significant downturn in dividend income from its Investment portfolio whether directly from Ihe war on Ukrainè, the move to an ESG investmenl policy. or from a recession. Such downtum would be Mitigated by the expected increases in rental income arising vnder the lèases tsf the formei hospital, day care centre and nuising horne. This could Impact upon the Community's ability to award grants lo outside bodi8s short term. A fvrthef risk would be the surrender of lease by any party Inhabiting the Diichingham site and the buildings reverling back lo Ihe cuslody of All Hallows. The Board recognises the need for communication with the 1ga80hdd8rg. Th8 Bcrdrd will kèèp thtrg Ljndor roview. Trustee Board's responsibilities statement The Trustee Boarij are responsible for preparing the Trustee Board'g report and the financial slalemen15 in accordallce with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). The law applicable lo d)arilies In England and Wales and Scotland requires the Trustee Board lo prepare financial slalements for each finanaal year whi¢h give a twe and lair view of the state ol affairs of the charity and of the Incoming resources and application of resource5. 01 the charity for that period. In preparitvj these financial slalemenls, the Truslee Bo8rd are required to. selèct Suitab￿ accounting policies and then apply thèm consistently. observe the methods and principles In the Charities SORP 2019 IFRS1021', make judgements and estimates that are reasonable and prudent, slate whelher applicable accounting standards have been followed. subject to any matenal departures d15closed and explaine(I In ihe financial siaiemenis. prepare the financial st*om@nls on thè 90ing concem basis unlèss +1 is inapprtspriale to prèsum• that the chanly will continue in operation.

The Community of All Hallows Trustee Board's annual report {contrnued) Year ended 31 March 2023 Structure, govem*nce and manag¢m¢nt l¢ontinu¢dl Trustee Board's respon$ibllllle8 $tstement l¢ontlnuedl The Trustee Board are responsible foi keeping proper accounting records that disclose with reasonable accuracy at any time the financial position ol the charity and enable Il to ensure that Ihe financial stiilerrieiils conply with the Chanlies Act 2011. the Charity (Accounts and Reports) Regulations 2008, the Charities and Trustee Inve5trnent (Scotlandl Aci 200£. the Charitses A¢Gounl5 Iscotlandl Regulations 2Q06 las am8ndedl and the provisions of the Trust Deed. They are a150 respon51ble lor safeguarding the assets ol the charity and hence foi laking reasonable sleps lor the prevention and delection of fraud aThJ other irregLdarilies. True and fair O￿Tride The financial statemènts have been prepared to give a 'true and lairf wew and have departed from the Charilies (Accounts and Reports) Regulations 2008 only to the extent required lo provide a 'lrue and fair view,. This departure has Involveil following the Accounting and Reporting by Charities stsiement ol Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reportir)g Stan<Jard applicable In the UK Republi¢ of Ireland 155ued In Octobei 2019 rather than the Accounting and Reponing by Charities. Statement ol Recommended Practice effective from 1 April 2005 which has since been withdrawn. Board by". Revd C nonA ryanl On behal CAH Trustee Limited

The Community of All Hallows

Independent auditor's report to the trustees of The Community of All Hallows

Year ended 31 March 2023

Opinion

We have audited the financial statements of The Community of All Hallows (the 'charity') for the year ended 31 March 2023 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

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

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ 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 relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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

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The Community of All Hallows

Independent auditor's report to the trustees of The Community of All Hallows (continued)

Year ended 31 March 2023

Other information

The other information comprises the information included in the trustees' annual report, other than the financial statements 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 assurance conclusion thereon.

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

We have nothing to report in this regard.

Matters on which we are required to report by exception

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

Responsibilities of the Trustee Board

As explained more fully in the Trustee Board's responsibilities statement set out on pages 8 and 9, the Trustee Board are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustee Board determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustee Board are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustee Board either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so.

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The Community of All Hallows

Independent auditor's report to the trustees of The Community of All Hallows (continued)

Year ended 31 March 2023

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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

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

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-of -the-auditor%E2%80%99s-responsibilities-for.This description forms part of our auditor’s report.

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The Community of All Hallows

Independent auditor's report to the trustees of The Community of All Hallows (continued)

Year ended 31 March 2023

Use of our report

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

Lovewell Blake LLP Chartered accountants & statutory auditor Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB

Lovewell Blake LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

20/12/2023

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The Community of All Hallows ststement of financial activities Year ended 31 March 2023 2023 Unrestricted Endowment funds funds 2022 Total funds Totsl funds Note Income and endowments Donations and lega¢ies Investment Income Other Income 148,402 508,455 159,915 148.402 508.455 159.915 164.895 481.652 Tvtal in¢omv 816.772 816.772 646,547 Expènditure Investment managemènt fe9$ Charttable activities 11.715 454.340 11,715 454,340 1,108 1,277.185 Total expenditure 466.055 466,055 1,278,893 Net in¢omellexpenditurel and net movements in funds befoTe 9ain$ ond los$e$ on invÈstm8nts 35LI,717 350,717 It532,J4t51 Nel Ilossesll9ains on Investments 1438.6921 {438,6921 552.283 Net ex￿ndItUrn And Trèt movement in funds 187,9751 187.9751 180,0631 Reconciliation of fvnds Tot81 lunds brought forward Totsl funds carried forward 15.461.107 1.886.265 17.347.372 17,427,435 15.373,132 1,886,265 17.259.397 17,347.372 The slatemènl of financial activities includes all gains and losses re¢o9nise0 In the yèar. All Incorne and expendituie denve from continuing activities. The notey on p•ge8 17 to 27 forni part of these financial Statsments. 14

The Community of All Hallows ststement of financlal position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assèts Investments 13 14 916,418 15 830,661 932,335 16,737.269 16.747.079 17.669,604 Current ass•ts Debtois Cash at bank and In hand 15 165,Q11 962.975 89.320 262.883 1,127,986 352.203 Creditors: Amounts falling due within one year 16 1615,6681 161fj,4351 Net current ¥$sets 512,318 1264.2321 Total assets le55 ¢urTrnt liabilities 17.259,397 17,405,372 Credltor5= Amtsunts fallinq due aftèr more than one year Net assets 17 158,0001 17.347,372 17.259,397 Funds ofthe charity Endowment funds Unrestricted funds.. Revaluation rèserve Olher unrestricted income funds 1.886.265 1.886,265 3,274,CM)O 12,099.132 3.274.OCXJ 12.187.107 Totsl unrnstricted lunds 15,373.132 15.461,1Q17 Total charity fun 20 17.259,397 17,347,372 Th ncial statements were approved by Ihe Trustee Board and authonsed fof Issue on and are signed on behalf of the board by. Revd Ca On b¢ha ryani sIEe Ll The notes on pages 17 to 27 form part of these financial statements. 15

The Community of All Hallows Statement of cash flows Year ended 31 March 2023 2023 2022 Cash flov47 from operatlng ¥clivitie8 Nel expenditure 187.9751 180.0631 Adjuslm&nts for. Depreciation of tangible fixed assets Nel Ilossesllgains on investments Dividends. interest and rents from Investments Loss on disposal of tangible fixed a8SÈts Cash drawn from investmenl portfolio 15.917 438.092 1508.4551 14.990 1552.2831 1481,6521 586 194,3311 41,813 Changes in.. Trade and other debtors Tiade and other creditor5 175.6911 158,7e71 186,7221 500.785 Cash generated from operality)s 1146.4911 1698,6271 Nei cash (used Inl (¥)erating activities 1146.4911 1698.6271 Cash Ilows frorn inv•sting activitie5 Pro¢eeds from sale of tangible assets Purchases ol LJther investments Prts¢eeds from sale of other Investments Dividends, Interest and rents from Inveslmenls 3.400 1601.5501 14.082.686) 1.027.653 4.345,435 508.455 481,652 Net cash Irom investing acbvities 934.558 747.801 Net 1ncreasel1dec￿aseI in ¢•$h and cash equivalents Cash and cash equivalents at beginning of year 700,092 2b2,Y¥J 130,8891 2YJ, 112 Cash and cash gquivalents al end of year 962,975 262,883 The notes on pages 17 to 27 fom part of thèsè financial statements. 16

The Community of All Hallows Notes to the financial ststements Year ended 31 March 2023 General infomiation The ¢harily is a public benefit entity and a registered charity In England and Wales and Scoilarnd and is unincorporated. The address of the prinapal off￿e is 23 Tr￿nitY Street. Bungay, Norfolk, NR35 1EH. Statement ol ¢omplionce The charity constitutes a public benefit entity as defined by FRS 102. The financial 5taternents have been preparèd in accordance with the Charity's goveming document, the Charities and Trustee Investment (Scollandl Act 2005. Ihe Charities Accounts (Scollandl Regulations 2006. Accounting and Reponing by Charilies STatemeni of Recommen(leU Prattice applicable to chariiies preparing IlIEir accounts in accordance with the Financial Repcirting Standard applicable In the UK and Republic ol IrÈ12nd Issued In October 2019. the Financial Reporting Standard applicable In the Uniled Kingdom and Republic of Ireland IFRS 1 Q21, the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements have been prepared to give a'true and fair, view and have departed from tha Charities (Accounts and Reports) Regulations 2008 only to thc cKtcnt reqL&ired to provide J 'true and fair view.. This departure has invc4ved following Ihe Accounting and Reporting by Charilies.. Stalernenl of Recomrnended Practice applicable to charities preparinq their accounts in accorLlance with th8 Financial Reporting Standard applicable in the UK and Republic ol Irèland issued in Oclober 2019 rather than the Accounting and Reporting by Charities. Stalement ol Recornmended Practs"ce effe¢tive from 1 April 2005 which has since been withdrawn. A¢¢ountfing poll¢les Basis of preparation The ftt)ancial statements have been prepared on the historical cost basis, as modified by the revaluation of Cenain financial assets and liabilities measured 8t fair value through income or expenditure. The financial stat8m•nts are prepared in sterling, which is the lunctiona currency of the entity. Going c¢)ncern Thè financial statements have been prepared on a going ¢oncem basis as the Trustee Board believe that no material uncertaintie5 exist. The Trustee Board has considered the level of funds held and the expected level of incorne and expenditure for 12 months from aulhorising these financial statements. The budgeled incorne and expenditure is sufficient wth Ihe level of reserves for the tharily to be able to Continue as a going Concern. Fund accounting Unresiricted funds are available 10 5penQ on activities that further any of ihe purposes of the charlty. Endowment funds are restricted funds. subJ9Ct Io sp@cific trusls, wherè there is no power lo convert the capital into income. Designated funds related to Inc0￿e received from the leasing ol the Hospital srte and Nursing home. the remaining balance was transferred io unrestrictèd funds In 2022. The De5ignaled Medical Grant Fund relates lo a legacy received fgl All Hallows Healthcare Trust and will be expended on gTanl making activities. 17

The Community of All Hallows Notes to the financial ststements Ironlinued) Year ended 31 March 2023 A¢¢ounWng poli¢i•s l¢onllnued) In¢ome All income Is Include(J In ihe siaiemeni of financial athivilles Ythen entiilement has passed to the arily.. rt 15 probable that the economic benefi15 assoaated with the transaction will flow to the tharity and the amount can be reliably measured. The following specific policies are applied to particular cglegones of In¢ome". income from donations or grants is recognised when there is evidence of entitlement to the gift, receipl is probable and it5 amount can be measured reliably. legaGy InGorne Is rectr3nised when reGwpI 15 probable and entiilement Is establishe(J. investment income is eamed through holding assets for Investment purposes such as shares and prDperty. It includes dividend5. inlerest and renl. Where Il is not practicable to Identify investment management costs incurred within a schème wilh reasonable accuracy the investment income is reported net ol these costs. 11 15 Incl¢Jded when the amount can be measured rèliably. Interèst income is ￿COgnised using the effective interest method and di¥ideiid and reDlal income is recogiiisd as the charity's right lo iecelve the payinent is established. Expenditure Expenditu￿ Is ￿e0gnISed on an accnJals basis as a liatdlity Is Incurred. ExpendiluTe Includes any VAT whi¢ cannot be fully rewvefed, and is classified under headings of the statement of financial actitrities to which 5t relates. expenditure on charitable 8Ctivities Includes all costs incurred by a ch8rily in undertaking ctiwties that further Its ¢h3iitable airns lor the benefit of its beneficiaTie5. includin9 those support costs and costs relating to the governance of the charity apportioned to charitable activities. olhor expondituro includes all oxpgnditure that 18 noi¢hgr rolatod to raising tund6 for tho charity nor part of ils expenditure on charitable a¢tlV7tse$. All ￿St5 are allocated lo expelldittjre categories ieflecting the use ol the iesourGe. DireGI costs attributable lo a single activity are allocated directly to that actiwly. Shared costs are apporti(bned between the acti'vities they contribute to on a reasonable, juslifiable and consistenl bas1S. TangWI e assets Tangible assets are Initially recorded at cost. and subsequently slated al cosl less any accumulated depreaation and irnpairrnent losses. Depreciation Depreciatson is calculated so as lo write off the cost or valuation of an a55el. less Ils residual value, over the useful economic life of that asset as folows. Freehold pfoperty Fixlure5 and fitDngs Motor vehicks Equipment 50 ye8rs I18nd is not deprecialedl IO% slraight line 250/) reducing balance 15.kn strai9hl line Investments Listed Investments are mèasured at lair value with changes in fair vaue being recognised in income of expenditure.

The Community of All Hallows Notes to the financial statements Iconlinuedj Year ended 31 March 2023 Accounting policles (continuÈdJ Investments Iconiinue¢lJ Investment Portfolio Investments held In the ¢harrty's investment portfolio are a fctrm ol ba51¢ financial Instrument and are initially recognised al their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing market price. The Statement ol Financial Activrties includes Iho net gains and losses arising on revaluation and disposals throughout Ihe year. All gains 8n(I losses are taken lo the Statement oTrf Financial Ath"vilies as they arise. Realised gains and 1088e8 on inve5tmeniS Are calculated as thc difference befvoeen sales pr￿eedS and their opening carrying value (K their purchase value If acquiied subsequent lo the firsl day ol the financial year. Unrealised gains and losses are calculated as the difference be￿een the fair value al the year end and thèir carrying value. Realised and unrealised investment gains and losses are con7bined In the Statemeni of Financial A¢tiwbes. The rnain form ol financial risk laced by Ihe charrty Is Ihal ol volatility In equity markets and investment mad(ets dL>e to wideT economic conditions. th• attitud@ of invoglors to Investrnent risk. #nd ehangps in sentinenl ¢oncerning equities and within particular seclors of Sub sectors. Property Investments Investrnent properties are include¢J in the balance sheet at the directors of CAH Tfuslee Limited bèst estimate of Dpen market value and updated by at thè balance sheet date. It is the policy of the Trustee Boarij to have an extemal valuation of Ihe properties every 5 years. Soclal Investments- propertles Properties rented to further the charilable objects of the tharity are Initl8lly recognised al transitional cosl or their net book value at date of transfer. Any impairmenl losses are Immediately recognised in the Statement of Financial Activities. Flnanclol Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrumenl. Basic finanaal instruments 8re initially recognised at the amount re￿1vable or payable Including any related transaction costs. Current assels and current liabilities 8re subsequently measured al the cash or other consideration expected to be paid or received and not discounted. Defined ¢ontribution plans Ctsninbulion$ lo defined contribvlion plsns are recognised as an expens* in the pÈrKJd in whith the related service is provided. Prepaid contributions are recognised as an asset tts ihe e￿ent that the prepaymenl will lead lo a reduction in future payments or a cash Tefund. Grants payable Grant¥ are Issued in accordance with the requirement? end obiecbves of the Charity. A 9rant Is recognised as a liabilrty when the criteria lor a conslructive obligation is met. the grant has been commtjnicaled to a third party. It can be measured reliably and the￿ are no conditsons attaching lo its payment that Iimil 51s rec(>gnition. 19

The Community of All Hallows Notes to the financial ststements l¢onbnue Year ended 31 March 2023 Donations and légacies Unrèstricied Total Funds Funds 2023 unrestr￿led Total Funds Funds 2022 Donatlon$ Donations Sisters pensions 7.401 57,034 7.401 57,034 10,854 54,076 10,864 54,076 LegacSès Leg8¢1es 83.967 83.￿7 98.589 98.589 Grants Olher 1,366 1.366 148.402 148.402 164,895 164,895 Investment income Unreslricled Totsl Funds Unrestricted Total Funds Funds 2023 Funds 2022 Bank Interest Rental Incorne Dividends and interesl trom Investment portfolio 7,892 281.764 7.892 281,764 26 223,336 26 223,336 218,799 218,799 258.290 258,290 508.455 508.455 481.652 481,652 Other Incomè Unreslricled Totsl Fund¥ Unrestricted Total Funds Funds 2023 Fund5 2022 Dilapidations income Other Incorne 1 $9,664 251 159,664 251 159.915 159,915 Expenditure on ¢h4rrtsble a¢tiviti¢s Unreslric¢ed Total Fundg Unrestricted Total Funds Funds 2023 Funds 2022 Salaries Property costs Calering PlOViSbons Sister care home costs Sister living costs LEgal and prufE551TJnal Office costs Other cos15 Donations Depreciation Grants Inole 81 L055 on disposal ol tsngible fjxed assets Bank char9CS Staff training and expenses Governance costs 47.926 115,966 9.775 118.034 18.254 43.156 6.457 1.437 7.551 15.917 55,400 47,925 115,966 9,775 118034 18,254 43,156 6,457 1,437 7,551 15,917 55,400 27.773 375.941 10,035 110,353 9,471 33,327 3,734 4,113 4,647 14.990 674,000 586 27.773 375,941 10.035 110.353 9.471 33.327 3.734 4.113 4.647 14.990 674.000 586 40 408 2.999 11.061 408 2,999 11,061 8,175 8.175 454,340 454,340 1,277,185 1,277,185 20

The Community of All Hallows Notes to the financial statements (conilnuedj Year ended 31 March 2023 Expenditure on charitabl• activities Icontinuedj Anal￿1$ of Governance costs 2023 2022 Audit fee 11.061 8,175 Tolal 11,Q61 8,175 Granl making activilies Grants to In5titution5 Grants to Individuals Totsl 2023 Discovenng Prayer The Norwich S8m8ritsns The Institute lor Children Youlh alld Mission Bungay Medical cent￿ Charitable TrusVScDtt Charity 5,000 25 000 5.400 20,000 5,000 25,000 5,400 20,000 55,400 55,400 2022 Emmaus Norfolk & Waveney- Property renovations The Julian of Norwich Partnership - Staff and overhead cost5 Comrnunity of Sisters of the Church - Beneficiary support 500.000 500,000 150.000 150,OC#) 24,000 24,000 674.000 674,000 See èxplanation of the purposes of the grants awarded during Ihe year in the Trustee Board'5 annual Tepon. Net Ilossesllgains on investments Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Gains/llosses} on listed inveslments 1438.6921 1438,6921 552.283 552,283 10. N•t •xp•ndbturn Net expenditure is staled after chargingllcredilingl 2023 2022 Depreciation of tangible fixed assels 15.917 14,990 21

The Community of All Hallows Notes to the financial statements (conlinugdl Year ended 31 March 2023 11. Stsff costs The total stsff costs and employee benefits for the reporting period are anatysed as follows. 2023 2022 Wages and Salaries Employer contributions to pension plans 43.470 4.455 27.101 672 47.925 27,773 The charity consider5 that the key rnanagemenl personnèl comprisè the senior management team aiid ih¥ dlrectors of CAH Trustee Limited. The total empltsyee benefits of the key management personnel of the ¢h8rrty were £29.355 12022 £23.266) comprising of one12022 one) Indiv￿Ua1. The average head count of employees durlng the year was 312022. 21. No employee received employee beneffits of more ¢h#n £80.000 dur4ng tho yÈar12022.. Nsll. 12. Trustee remuneration and expenses Tli¥ living and personal expenses of the $1slers of the Community who are members of the Trustee Board were bome by the Community but the Sisters received no remuneration for expenses in conneciion with their duties as board member5 12022." £NIll. No remuneration or expenses were received by the remaining members of the Trustee Board. 13. Tangible fixed assets Freehold and Lèasehold Fixtures propeny a￿d fitvngs Motor vehicles Equipmènt Totsi Cost At 1 April 2022 and 31 March 2023 946.532 8,754 6,000 23.060 984.346 DepTeciati¢n Al 1 April 2022 Charge for the year At 31 March 2023 26.970 13.485 1,300 875 1,250 1.188 22,491 369 52.011 15.917 40.455 2,175 2,438 22.860 87.928 Carying amount At 31 March 2023 9[￿,077 6,579 3,562 200 916.418 At 31 March 2022 919.562 7,454 4,750 569 932,335 Included in Freehold propety is £272.305 of land %thi¢h is not depreciated. 22

The Community of All Hallows Notes to the financial statements IcontinL*d) Year ended 31 March 2023 14. Investments Cash or cash equivalents Listed Investment propertie¥ investment5 Tot•1 Cost or valuation Al 1 Apnl 2022 AdLlIlioDs Disposals Fair value Movements Other movements 128.115 8.618,439 151,550 1577,6531 1436,6921 7,990.715 16,737,269 601,550 1577,6531 1438.6921 141.8131 141,8131 At 31 March 2U23 86,302 7.753,fi44 7.9YU,715 15,IIJU,b61 knpalmient At 1 April 2022 and 31 March 2023 Carrying amount At 31 March 2023 86.302 7.753.644 7,990,715 15.830.661 At 31 March 2022 128.115 8,618.439 7,990,715 18,737.269 Historic81 cost of inve51rnent portfolio wa5 £6.956,88712022' £7,274,627). Investment ¥8$ets- Property 2023 2022 Value broughl forward at 1 Apnl Value camed forward at 31 March 6,434.000 6.434.000 8,434,000 6,434,C4JO Social inv•stm•nts- Prop•rty 2023 2022 Value brou9hl foNrfard al 1 April Value carried forward at 31 March 1.556,715 1,556.715 1.556,715 1.556.715 The histonc cost of Investment properties is £5.081.072. Investment propertles Property Investments are induded in thè balance shèet at the TruS￿e Board's best estimate of open ma¥kEt valuv, Ali upddlETJ Exlviii(Il i¥vulvotlVll pluvi￿E￿ by Savills In Seplembei 2021. 11 is the policy ol the Trustee Board to have an external valuation ol the properties every 5 yèars. 23

The Community of All Hallows Notes to the financial statements Iconllnued) Year ended 31 March 2023 Finoneial assèts held at fair value All investments are carried al their fair value. Invesiment In equities and fixed Inte￿st securities are all traded In quoted public markds, primarily the London Stock Exchange. Holdings in common Invesitnent fund3, unil trv5tS Olltj uyEii-Eiided li1ves￿lIeNt Gompanies ale al the bid PflGe. The basis of fair value for quoted Invc5tments in equivalent lo the market value. using the bid price. Ass8t sales and purchases are Tecognised al the date DI trade at cost (that Is their transaction value). The significance ol finanu81 Inslrumenls to the ongoing financial suslainability of the charity is considered in the financial review and inveslrnent policy and perfomiance sections of the Tnjstee Board Bvdids, aiiiiual TVPQrt. The main nsk to the chanly from financial Instrurnents lies In ihe combinabon of uncertain Investrnenl markets and volatilily In yield. The charity manages these Investment risks by ￿aIning expert advisors and t)peraling an investrnent policy that provides for high degfee of dive15rficalion of holdings within investment asset classes that are qvotgd on reco9nigod stock exchanges. The charity does not mako uso of dèrivatives and sirnilar complex financial inslrumenl$ 8$ It takes the view that investments are held loi their longer terrn yield and historic studies of quoted financial instruments have shown that volatilily in any pa￿CUlar five year period will nornially be corrected. IS. Dèbto 2023 2022 Trade debtors Prepayments and accrued Irume Oiher debtois 9.360 152.529 3.122 3,786 85,534 165,011 89.320 16. Credltoi8: Amounts falllng due wlthln one year 2023 2022 Trade creditors AccnJals and deferred In¢ome Social security and other taxes Other uedrtors 11.376 603.186 735 371 34.578 581.435 292 130 61 5.668 616.435 17. Cr•dltors.' Amounts lalling du• 4fter more th•n onè yèar 2023 2022 Accruals for granls payable 58.000 24

The Community of All Hallows Notes to th• financial statements l¢oniitsu•d) Year ended 31 March 2023 18. Deferred Income 2023 2022 Af 1 April 2022 Amount released to Income Amount deferred In year At 31 Mar¢h 2023 15.86g 115.8601 15.0 113.8461 15.860 15.000 15.860 Deferred Income includes rental income received in advance of the period to which il rèlates. 19. Pension$ and other posi retlrement beneflts Defined ¢ontrtbution plans The amount recognised in income or expenditure 8$ an expense in ￿latiOn to defined contribution plavs was £855 {2022. £6721. 20. Anolysis of eharitable funds Unrestrlcted lund$ Al 1 Apnl 2022 Gains and At losses 31 March 2023 Income XFendTrture General funds Revaluation reserve Designated lunds Medical Grants Fund 12,101.574 3.274.000 816,772 1446,055} 1438,6921 12.033,599 3.274.000 85.533 120,0001 1466.0551 65.533 15,461,107 816,772 1438,6921 15,373,132 At 1 April 2021 Gains and At losses 31 March 2022 Income Expendiluie Transfers General funds Revaluation reserve Designated lunds Medical Grants Fund 12.258.211 3.274.CMJO 8.959 563.014 11.278.893) 8.959 552.283 12.103.574 3.274.000 18,9591 83.533 83,533 15.541.170 646,547 11,278,8931 552.283 1S.461,107 Designated funds relate to Ptoperty income which the Trustee Board has put a51de lo use lo fvnd grant making acb'vities. The Medic81 Grenl Fund relates to a le9acy rcccivcd for An Hallows Heallhcare Trust which was dissolved with the remaining funds being paid over 10 CAH Trustee Limited as a donation. 25

The Community of All Hallows Notes to the financial statements Icononutd) Year ended 31 March 2023 20. Anafysis of charitable fund¥ {¢oniinuedl Endowment funds Al 1 April 2022 Gains and At losses 31 March 2023 Income Expendilure Convent Freèhold All Hallow5 Hospital Freehol(J Revaluation reserve on Hospital 336.265 336.265 50.000 50,000 1.500,000 1,500.000 1.886.265 1,886,285 At 1 April 2021 Gains and Al losses 31 March 2022 Income Expenditure Convent Freehc>ld All Hallows Hospital rreehold Revaluation ieserve on Hospital 336.265 336.265 50.000 50,ts00 1.500.000 1.5(X).Doo 1,006.265 1,880,205 21. Analy$i$ of nel assets between funds Unreslricted Endowmeni Total Funds Funds Funds 2023 Tangible fixed 8s$e Investments Curfgnl SlSBais Creditor5 les5 than 1 year Creditors greater than 1 year Not as$et$ 916.418 73,944,396 1.1?7,086 1615,6681 916.418 1.886.265 1 5.830.661 1.127,986 1615,6681 15.373.132 1.886,265 17.259,397 Unrestricted Endowrrkenl Total Funds Funds Funds 2022 Tangible fixed assets Investments Curr&nt assets Ciedilors less than 1 year Creditors greater th8n ? ye8r Not a$$gts 932,335 14.851,CM)4 352.203 1618.4351 156.0001 932,335 1,886.265 16,737.269 352.203 1618.4351 lJ8.0001 15,461.107 1.886.265 17,347,372 26

The Community of All Hallows Notes to the financial statements (contrn4Md) Year ended 31 March 2023 22. Analysis of changes in net debt At At 1 Apnl 2022 Cash flows 31 March 2023 Cash at bank and In h8nd 262.883 700.092 962.975 23. Operating lease commitments A$ le$¥or The total future minimum lease payments receivable under non.cancellable operating leases are as lollows.. 2023 2022 Not later Ihan 1 year Latèr than 1 year and not later than 5 years Later than 5 years 240.388 563.699 825,000 219.624 659,112 945,000 1,629,087 1,823,736 R•lat•d PArtI•g Revd Canon Andrew Bryant a dirèctor of CAH Trustee Limited is also a Irustee of The Julian ol Norwich Parlnership. The Community have agreed to lease a property to The Julian of Norwich PartF)ership for H8zelnut rent 12022 £NIll. Insurance for the property 15 recharged lo The Julian ol Norwich Partnership, during the year £3,153 12022 £5361 was recharged, £NIl balance was outstanding at thè year-end 12022." £5361, During the pnoi year the Chanty approved a three year grant to thè j￿lan of Nwich Partnership totalling £150.000. with the first instalrnent paid during the prior yeai. The second instalment of £50,000 was paid during the year and the one remaining year Is Induded in creditors at the year-end £50,00012022 £100,000). During the year a close family member of Beccy Gosling la member of key managernenl per50nnell cornpleled building works for the Community. The tot31 invoiced during the ye81 w85 £5,530 12022 £NIll, there was no balance outstanding at Ihe ye8r-end12022 £NIll. 25. Contingent asset In August 2022 The Christian Conference Tnjst gave CAH Trustee Ltd one-years notice to teminate the lease ol the conference cenlre. In December 2022 CAH Trustee Ltd issued The Chnstian Conference Trust with 8 claim for dilapidations in the region of £280,000. There is uncertainty over the recovery of this claim therefore no accrual has been indu¢Jed within the financial slalemenls.