REGJSTERED CHARITI. IYLifvlBER= 232931 Tbt cor¢s110 ofibe FrA#¢i5Ca Sisters (Littl¢baTrpton Charitsble Trwt Rtport of tle Trustees aad Fina1*1 StsttmtHts for th Ytxr EEdcd 31 Martb ?025
Tke CfrnTrvatioll of tk¢ FTrxeixa SirtcnliittJtk%mpto•l Cl¥ritable TTh5t Coot¢llts otthe FirtaAcial Statsmuts for the Year EDded31 M#rtl 20 Rwrtofth¢Trnte Rwtofthe I41tpt8dtA400rS Ststewtof Fimutlil Attivl&s 10 Balallte Sk¢ Cash Fkw Stats•e4t Note5 to th* Cxa Sl#lEmut 13 NotB5 ts th¢ St#th¢8ts
The Con2re4vaiion ofihe Frauc15 Sister5 (LittkhaThpt041 Ckarirablt Tnjst RttertD¢t Adm44istratt¥t Dets41F for iht Yt#r Ewiltd 31 Marth 202) REVEREND LblOTHER GEPIEIL4L ITRL'STEEI SisLtrB BoweTS GENERAL COUNCtL ITRUSTELS) Sister C A MeLaughliTr Sister E Morris Siskr C B knwtes Sis¢T Promodini Ekka ,Kts Jarn¢ Sh¢ppard St Joscph's Coplynr LitdchatllptoD gst SussÉx BIN17 6AU REGISTERED CIiAPJTY AUDTfoiis Hcd%on & Co 1Ston Hous# I IVisTh Avenue oftthintr Il"'¢x Su55tx BNI4 7QL LId5 Bank plc 3>37 Ffjgh Strter BogtK)r Regis Il'em SIL%S PO?1 IRS SOLICOR$ SBPLath" Soliritot5 Gla(k Ho 52-54 Carter Lane EC4V SEL OTHER AD]soRs Sisw Helen c05tiTra SFICJ ?6? Lth"mcr Coun Hanull¢r5mith Roaj 67LB Jn¥tst5nerrt Asset Mana2etS QuiIier aJe%iot 85 Quea7 Wictoria STrttt Londo EC4V4AB
The Colltstt
Tkt Con8reTation of the Fr¥at15M Si5ter5 (Llttlehampioal Charitsble'frJst Reprt of thtTrnstees for the I'ttr E#ded 31 Mareb 20J? OBJEcfivES thD ACTl'r[lES 31 Upktèp and support of the CoL¥re¥a To dcvelop, catc for and support rhe siAeT5 and the conall¢L Jd maiDtain Jnd subsldis¢aF•I&[ts and deielop and SUPEK)rt Sisrtr5 in FotfttaiioJL The Trusiees ronfimj that they bavt compli¢d i¥ith tk in se£tion 1715) of the Cfvriiies Att 2011 ty have d d th¢ Charity Co[nmlon'$ gertral guidanc¢ ¢Jn wblic b&KtIL Adievemellts And Pèrforn¢ l) Providh£ rtslleniil sKknI wthr¢ pa5tsral tsr Tbe con0tion ciMiiDuEd pro% ide care and iijpwri thrDugh Irs estsbli51JDnrs avj the sister5 acEi&iiies irt theloc21 communities. Oc¢upaocy Ittrels iv¢r¢ afftcted bb the Cotridpaodemic15¢e brlDvlat the identI¥d h)me5 thmu4boutth¢ period. Theie was continu¢d Pressure on cosrs Fthi)Jlarls uuliii& fooj and stsff c051s rtyuiring carefiJl rin3ncid managemenL Although lie swvik¢d Ebe Co¥hl pandenJK. en9Jriog th¢ of srsi(knts. occupa1 ha5 n¢ier rtall) picL-ed up. Full OCCUFonc) b&% still to b¢ &chieve 2) Vis5ionary work a#d cbarbtblt doyJalwiL8 Thc Nltysott Fottn#ion C¢4nmunÉN ciintiJwe5 kn b¢ncfii fiiTh the Q>tssrewx)Q'SFpKL rfiheir WOFk Inis$JUyt ss the kTr¢ comtnuniTr Itfits the S&stcr5' we4ce and simple liiesryits IN'E have ld fynher building ivork ¢ompl¢itd irt th¢ Belwadi ar¢ato enabl¢ fvTthth-atx)$tol8. The tlat in Air(kie was kn8Std using mL¥Jies re£eiv¢d a5 a Icw. w the Conwtw. 3) Upk¥¢F and5UPPOrt of Ibe Co•¥rcztvJ Dwius th¢ )"cEth¢ ckorit) CoMiDd ty SLW ofthe cortw)n with and trligioLt u'ork. A&esSent is Tnade cononu)uslj on th¢ i"i?bilitv of exh h)us¢ awjmlate. Adaptstion is alii"¥'5 on the atsenda. ILItic care eontinued io be proiided for tht Sis(trs within oJrcstabIktk How'ever, tour Si5teJ3 are recty%'i G¥f- inIesid¢rLuai Care Hornts with lyu11 Three in England one in trtland. OL. propenies Ihai rt¢d major refiJrbi5hment and Main[an¢t wer¢ trcatcd TO aTh otrettmjl. Th¢ tnauJieiMice 5Ury%¥ of I23r20?4 contintsts to be ustyj kn prioriDs¢ ViOTL- that sull ro bttollw]thJ. Tlie nthnber of Resid¢nts iii each of our Catt Home5 mafLS lie have to that ive have a re5uve to tuttt the ever Éncreayn8 btlls in utiJitie5. fwd aT Staff costs. Th¢ tru4tett conti]Mk to the overall finartciai rrf0nrQt of the in 2ssociau(bn ith adi.itt fmm its riThaneid and tsf10 adviscts. In particular. a tnore daailed and rtiultr m"ic¥i' uf dit monthly mana?¢JneAT rcpoTlS is uNdk"(al tne&%LU¢ perforsllartce agai Wet and bj t%alLaL- th¢ wst Lftt&iNeness of the )7rious opeRttons df the tnL DUE to the dvancinx a?e ofthe Si5tu& lack of new. Siy•5 and th 5izeof the wopertie& ye th¢ rddiLYl deciiion to revieiv our Care Home5. We haie i Finallv Prof¥std Ststtt5 80 VCaT5 *.d utd¢r in this ty)untry. whiGh effects nianwent&id Tnwees. Ive haNe 6 Sw in Cate. Due to fin¥Oci 0b1¢$ an unSWisFaLry CQC Rep)rL Tnts¢$ agttd to s¢ll St ArLfK's PAid¢niiai Car¢ Home ConFtnL BurntS5 HilL This is duc lor conipktion Octobts- ?07_5.
Tbt Coo¥rv.Atioll •fiht Frattcisca SislerslLittlehgmplO) ClwritJblE Tru Report of theTrustees for the Y¢gr Eaded 31 March 2025 FAlIcIAL R£VIEW Fknancial RÈvle%v Tht rwults for the are shon on F4e 10. The irKoru¢ frollL re5idts)rs has be rnwni&ned but 0raTioal eryFenditure increased due ¢0 inflauofi8J? 2nd had io b¢ kept cartfijl control during ilic ve8r. Donations 'cre supporr thc W. of10] dwiti45 attd tknsc the 05 workn TIKokn¢Nf re&'iA and UnKali) 1055es of £371.6Y) ort its in%¢5Le[ 18sas in theyear. During the>ear, the ¢harity'5 '¢re iHtresred iTh a rAiN of fThed iort5t and quills in ordu to get the po&sible bui safe r<iLm to meet the dcrnands for the tUr& folloi%ing adklce fiom tonk vistri and br¢Lcts. invttEed are sholyn uJ¥J¢r ÉnTrAesttllests on bala£ sheeL ResrYts Policy and FiD#Atial Positio Desigllaied fiuh4s ha%'e be¢n set up by 1C tswx¢e4 for SPlfIe purFfjg5. Fitsity.. a pw. and ¢quipmetll fLmd of £?.965,106, which repr¢5enrs the amow)L of th [Sts mone). i5 li in property equipment U5¢d ro support thc residential cAre L1¢S of the EDJSI and r¢ligious 1ltieS of S¢[5. Sc¢ondlJ'. £4.0,[00 15 Ser 851 to .0¥¢ for the sister5. medical ajd rbxir•JJetsi car. Fuwr¢ i]JCOLe 10 COF lilth'mo of i)ur Convents being d¢Fndtnt on con¢82[li)ndl re50yrcts Thirdl). £400.Qfy) i% sei &8i<k tLw rom10 fund. The forav was setup B) support Continuo fomali0 iKbth trt the UK a{Ov•¥5Cs. Tltt rttnaijing £3.97i.160 si0 in gerttai r4re5ent J%t Otre1tn lliLxith5 exF¢ndiwre. Ivhich die lees belie%e are 5Utlicienr and necarV LO med the m]5ts or5ttog OrkI CaPiTlll needs a5 well as fiJnd8 requirtd 10 maill1 th¢ 01ral ¥stts and a WntillS Sery1 ptD1i5iO pUh£u,V li relation b) ts Prolisll tts our vulner8blc beneficiari& shovld there bea WTected wrn in in£om< acd LO FYoTride for rising of emplojfftg paidstaff. ToTri thds held al it Marth ?0?5 are £1 lJ38266. The ttu5es rttoEThise thc ncvj w continu¢ kn lId up fvwre reserv%% becau3e rK¢sart ail the ivho hold position5 of re5p)nssbili¢r U) Cart Homes or giN¢ serri¢¢ hav¢T, do 50 on a volurttarv unpaid In the longer Itrm Tru1[1 ha¥e TO empl(k)' sraff to t&'e ovttthc5e toles thwe ivill be a n¢gd for¢ath 10 med 3PPQiRm¢ IV1]utl PolKy The InAee5 hai'e adoptcd a prudepr and ethic21 approwh to investmJt and inYAed in fixed interest swck or eqviii¢s on the adY4C¢ received fro Chei'iots Inveamtnt .4s5et Nlana£eo mat th¢ 5tDek iindei. thcir invesim¢nt Man[en1 sertrict on a retETral btsis. The Thtees Twknrly monityE and revi thc invtstmeftts ith advice L5 apyoprilltc We tsj urkn Jttsl tho¢ fr(n Yr Wdjiam our In¥<san¢ni Awl fvtWLY: hi5 lewn. th¢ Y.. we revIeWr utxler the tcam's 8wdarKe. the "VIC JxKtfolH) ivith a vicw to tetter returtts On OLirinvtstrnents. STRUCTifRE GOV£IOYA Tr4CE AND K4ryACEIMENT doeurnent Tht clreation of the Franciscan Si5ttr5 (Littlthampion) is an Eryolh Rom2n C3tholi£ Religious Order. fOded in 1911 ill Lirtleh4impwn. The aecounts ¢ COmP2n!'jnts this yeporr 8r¢ th¢ accwn& of the ch¥sitabk uu5L Oli 11.1Cli the assas of the orLry aTe held. The IrLL%t 15 oo3crtd b} a trustdttd d5 l?th 196) and 15 fwstrred utslei the Charimes Art 1993- Ch2rir¥" Rew51rwon N'o. 23?931. Oryani5atio Tl)e trwce& are appointed b. thc FdIY Pmfc&8ed rncmF*rs of th congr theit 3 v&rl%' Chapitr. fErin ot 01 nbTrS imm Chapi¢r kn Chapitt. Th¢ ThCes may bt rt<kcted for a s¢wd t¢Ttn iyjt Mt lor lOnr than third tem. The Superior fj¢neral is a Ch2iryer50tL durin? het rnI of ofiic¢. Th¢ ¢kwr[ tpJsTets &%ere appoinred at Gettr&' Clw)ier mttiing h¢ld in 20?? Lxccpt i)d."£2Ld and 4r nam¢s are w Dut th the tlj Sh a£coiDpan!ing the rep)n 2nd BiC(Kmts. Pas¢ 4
The COratiO# of th¢ F¥a•cisCaO
Sisters (Littlthatllpto•)
Charitable Trust
Report •f the TrusEees
for the Ye¥r Faded 31 Martb 2Oa?
STRUCTURL GoVEI.4CE LYD hL4YAGEMLNT
Stoior itAlli and pay poliry Cor stgiorsiaff
The trustees ¢onsi
l)t CDthgre¥Aiiori olthe Fnncisuo Ststevs (Ltttlehampronl Charitable Trist Rert ofthe Trnslets for the Year Ended 31 hlar¢h 2013 TRUSTEES. RESPONSIBILrry STATEILT Charirj. laity requires the tsw1tt5 10 pr¢pare accounL5 a tyu¢ gmd fair view of the ifdie ol"affairs of th2 charitable trust and of thesurpLus or d¢fI¢ii for its finan¢ia4 >ur. In thing so the tequiJ to.. S<lccr suitable acLouniinv wli¢1 ar then wlv theTtL CQASiSndy'. Observe rnethods and prirKipl¢s in thctharitv SORTr: lÉke judgern¢nts e3timetes thw pre Tenabl¢alld prulen¢ State i¥hEthcrawlicablc accountin8 stsn0JS have tollowed subita anym&tria1de[ disclos¢d &xplned in the firjancial STaiemen Pr4iarc the accounts OTh ? going concern Lwis u]]ltss li 15 iDappTopriat¢ wtsume th& thechTr tyill continue to function. The ts1¢25 aT¢ rw)nsible for mainiainittg prw ¢ounting reco$ that dik)se with r&trnable YKCUACY at antr tim¢ the fmanti wsition of th¢ lbIt Erty en1¢ thtm ro that the comply wilh the Chdrities Aci 20E l. Thw are re5pollthble fDf 5Bfteuading the a55ets ¢htable and hence for iakitt re]2b1e step5 for tk preventioTr and deCnr fra1 3rtd oth¢r iTreeulariti¢& Aroro%rd by oth ofthe ofw5tees on_..A&.. .l.J...._lQ.l&. aDdsigrdffl its Ixhaif bi": Stuer B Boy'ers. Trustet
Report of the Indtpe4deDtAudiiors iv the Tr¥st¢ts of
llke Com47110 of the FTaTrtÉsea
Si5t¢rs {L4ttithPtOffjl
CbritxbJETrast
Opitsio
Ve h&ve aUdId th¢ fJnan¢ial statematts of The CoThgre£ali of th¢ FtarKi>Ean Sisicts (LLttlchn1knn) Cljtritsblc
Tjjst (th¢ 'tharity) for the yrar ended il March 20?5 14fiJch compiise th¥ Swejnem of Financiaj AiLlVjI je5. le
B31an# She¢L Cash Flow io the lir&anciÈl St8[emLE1 Including of significant
aCCOllDTiDg policie& The financial rewIrtl frdme%%otk that kn been applied In Ihar preparttion is applictble laii and
United Kingdom Atcollrtlg Sr2ndtrdi (UtLitrd KI0&) Ctt4Krallj Acwted AK0114 Practitel.
ITtOUTopinion the fInanci statcmtnts-.
ive a and fa&r of th¢ swe of th tharit)Js affairs % 21 31 Ma¥ch 2025 and of its irKoming resourc¢5 and
EpplicwioTr ot re50UTtes. tor the etr thtT endvA..
hav- b•1 pry)perl¥ prepared in aCCordtr with Unired KId0M Accyéd Aryountina Prnciicq
- batri been acccfdwKe Tequir•ntnts of atsriti<8AtLl I.
Basis lor QPIDID
We condu¢ied ouraudil in )rdance with In1errthtiott Srants& on AUthu I) (IS.4s ILK, 11 and aliCable laii..
Our 5Frf)ll3bl1irle8 undet are fvnher in the Ali[0 r•)on5lbiliti lor the audit of th¢
financial statements secison of out r¢FQrt. We of th¢ cbTity in accordance with the ethical
r¢qUUe¢BT5 Ikt 3fE r
Rtport of the ILdepellLltnt Auditor5 ¢( the Trn%ttts of
The con1TOaO tsf the FrAnascJ
Si5ttr5 (Littlebarnptonl
Charitable Trnst
Respolsiblt1tS of trwtees
explaincd tnore fullv ill rhe Trusrets, Rw5ililities Siat=menL the are reswnsible t(>r thc prcparatNJn Of
1¢ fLnm¢ial wen¢nt5 which giv¢ a we and fwr I'l%. and ior iTriernd cmtrol as the tntee5 detrrEnine is
nece5saTr D) ¢nable th¢ pParatIon of fiJ)ollci415rameats arc frte fftatrtiaf p]imieE due 10
frthjd OT crrty.
tn prcwin8 rhe fmanciaj Statemc rhc (rnAces are respLJsible for th1t) s abiliry a5 a
8ouig concertL disclosin
as ?pplirable: ]Hae[S relaLed to going (Oncern 3Ad usin8 the going concem btsis of
a¢eounDng unless the tnL%tees eithu inrend liquidare the charity or to cease opWatilS.or h8Vt rrfj rei5C alltFmllve
bu to (b) so.
Our re5P045ibdities for the auditof the fttya#cSxl ststem•Lts
weh& apwinted &% audirors S<cuon 144 of the ai8Lities Aa l 8ndrewrt in acckn with the Act
and reievem relatIOnS madeor having <ffxt thtt¢wMleT.
Ow 04tCliVCS df¢ KI 01n r¢asonabl¢ a$Wran rA)ui wheckn the f1[al St3[¢5 as a whole are free frtjffl
maeri31 tnlsstaMeftt. wtKtheT du¢ 10 fraud or tsTor: aNI io I- a Rwrt of the Ipdr AUdIw that inGlude5
OUT opinioL Rwonable assuranc¢ 15 a hiJo ) kvJ of 355urartt btsi is not a gu2Miee th an audit conducted ift
acu)r<knee with ISAS ItiKI wtll atwatrs detcct a Ittla1 mk&$12t¢ffj¢nt li MÉsyateTn¢nts w) 8ris¢ from
fr2ud or erTDr aod ate COlder1 matuial i( illdividuauy OT in the a#gT¢JK thev could r¢4wnabty be ¢xpectcd ID
influerKc the ets)nomic d¢etsiorL% of LL8ets tsk on the b&is Df thesc financ
[rul8ritics. includjnu frau(L are in5tsuces of 0COmplice ivith law5 and r<gdwboThs. Ivc des4on procethrc5 in lin¢
'ith otsr respofL%ibThL tics to detect Ma(erI mi5si*emenES in re5JxcI of itI]2[]b4 including frnu& Th= Ln( to
which our proced[45 are upabl¢of d¢tcctill8 llr2£UJariU including 5sd#ailtd beIN.
Ohining zn undcr5tsnding ofthe 2nd r¢OllIat fiYmework5th3t theLtrityopqalts ir4 focusin? on
those laws and iegulatio that had a (re¢l effect on the staLemeu
Enquii). of mann¢ aE¢Jut any in#ancesO(non
Report of tht tndepeDdAf.4Yditors to tbeTrnAw•f The tbf Ihe Frntsei5t2 Sister5 Itittlehamptothl Chrit•ble Tr¥st Ust olDur rtwrt Tliis reporr is made sol¢ly to the Ch15 Tru¥& as a boty, in accordance M'ith Part 4 of the (Tharitith (Accoun aod Rewn51 Rt?ulations ?008. (kn audtl bss be•J undertaken so we miJi stme w the tharirv5 trUsS those m3ners we art requited 10 5ts1e 10 them in JuibTors' rep)rt and for OLhtr ptttpose. To the lulltst ¢Kieni PCTri itted bv we th) not accepi or *swn¢ rPtL87b1I1l. w ani'orK othcr thaft the ¢b3ri4" 8nd & dwi,5 Uusiees as a body. forouraudir work. for thi% rep)N or for the op10$ we have formed. F£th450n& Co Stwtory Authlor WisronHouse I Wistm Avenue Worth8 Wesl Sussex BTrII4 7QL
Tlt Congall0 of the Franci Si#efS{LlttlthlPIts11 CbirityblE Trust Stttme#t of FiAantial Attivitit5 for tht Tr-tar E#dtd 31 M#rtk 2023 Un[tile[¢d Total funds fThCO,IIE FRQNI Volulu ACtivIS in twtheTance ot th¢ chaTits'S obiecLS InvesrTrÈni incume Proiiton disFosai of red wets 1.9i8,187 239.074 4.57) 1,840.741 2)6266 6L7 5(K) Total ? J9? 817 2.801441 LXPEt4DITURE ON Rasinu funds 116.08)) 46.18J Chr•t•bk aetivits UF&eep of Cen?reyion Cost ofprovithnv residential tse seThi¢cs li55ionaty WO and dJaTithle donations 210.6(Y4 162.299 2,066.229 19.334 Ttal ?.47Q 9jl ?93.708 NcigwTr51{h)sses) on im'estments i71.690 681.983 NEF ]NCOfvWIEXPENDrruRE) (449,8?41 1,189.716 RKCONCtLIATIOIN OF FUNDS TOL fiu]. bi'owht for¥iard 11.788.090 10.598.)74 TOTAL FUNPS CARRIED FORWARD I lii8.2 11.788.090 COYI tNiJINC OPKK4TI0s All dtsdosus reltr.only 10 con1inu OpatiOr TheTe are to recorJniKd for lo#ses trthtsth the nei trtome fty Iht yeaT. AIIiLicomÈng r¢50urtt5 and ÈKTxnded YesoL¥ces in thc cwreni arxl prei'ious)w,LYThtfrom unttstriaed lijnd The tLeS form oFthese finartiA] SeMents Page 10
The CDnar¢oation of th¢ Sukr5 ILinlehTrmptott> Cblritablt Trust B#ltt¢¢ Sltett L'nresthcte fijnds tr4L¥ts FIXED ASSETS Taogible a>seLS [nvcstmenES 2.965.1(kS 7 863 i60 2.7?8.223 8.8316?8 13 10,828.666 11.559.8SI CiRRENf ASSETS DebLOts Cath 2Lbank 14 163.616 491.8il 148J96 181.372 6ii.467 i29.768 CBEDITORS A.OurS fallin8 dJe wtthinor)YJT 15 114i.867) IIOli?91 NET CURREflT A&SETS 228 2)9 TofAL Assrrs CURRENr u4BILITIES I l J)8.?66 11.788.090 IlJi8266 11.788 090 16 Utu¢strcied fiJnds'. fxneAI hnd Pmperty and EqLLipmtnr Fund MedicaI & Reuremtnt provk%iO Fmations fijnd ).9I).160 2,96i.106 4,O.(J0 400.IKIO 4.6i9.867 ? 728 ??J 4.000,OCK) 113JS!66 11.788 090 I'OI'AL Fl>P4DS IlJ38?J6 117880 The fin]81 Ststrlnents ivere approbed by thc Board of TDJ>tre5 audK)risèd for Is i.".a.: ..A..l.:...1o.IS. 8nd eTt 5igtdon its bdr bb.: B Bcivcrs-Tnstcc Thc notei form part of the* fuMrtciaI strtrrna PEell
Tbt congrtthaiTr of ihe FnN¢ixa Sutett (Littk>2rnPtoftl nariliblt Tst C%b Flow StaÉtwettt ror the Ytrdr 8dtd JI Mv¢h 202$ 31.325 Cash S froryj oper¥t•b acliYilic5 Cth 8¢n¢r2ted from opttior 117499il 343 Net ¢ath used in oP¥tl1vIU4S IlJ4 Y)51 134iJ811 Cash Ihw5 frDw thvestill attivitiE5 Purhase of ranEible fLX assets Pwcbe of fLxed 5¢t invcstttLents Sak oftoNgible fvxed as%ds Sale ofFLxed asset iDtre51rnet Unreali5edloss¢s on veStsents Dividends recuveo {3i8.8781 {? 136i13) 8.900 2,3?5.8S7 406.8( ?39.074 17,573.9i31 793.93? 6,802.988 16JJlS 2)6 ?66 wvided bi, in¥estin8activitics 485.474 428.897 c12rd ¢a5b aDd raslh eq•i¥akllts i the reForliDff period Cash and cgsh eqYrv¥1tJ At tk• bqiDningDf the reportillg peiiod i10.479 85.516 Csh and cash ¢qlliYak¥¢S •t the exd of the rtp>rtillg pemd 491.sil The notes for1 w olthes¢ fiknanci swcnitnts P4e l?
e Cbtt7rv.arxbD of the Frnnri5¢aty
Si51eT5 (Ljttlebxpfvj
Ckaritlble Trnst
P401t5 10 tho Cash Fltyw Ststsm•n¥
for theyear Ended 31 Ntsreb 20Zi
RECOIYCILL4TEOY OF IYET ILXPEYDITbREVlIYCOhlE TO %EfcA5H FLOW FROM
OPEIL4TIING ACtTrrriFS
Net{t_1peThdLtuYioe for Ile rEportinT pernd {gs per the
Ststemept of FknJnti31 Attivtts¥l
Adjtysth¢))ts for.
Dettteiation char.u¢s
LO¥&11n) on in*¢strn¢n
Profil dIWs of fix
nE Coogr¢gatitin of the Fr(Asta0 SislÈfS{LittlebimytoM} CharitableTr51 Notes ts the Fiu#ll¢ial Siaiwtnts foT the Ytar E•d¢d 31 20a .4ccovYr&NG VOLICIF tKititipal x¢ow1. p)licics applied ift the pr¢paT•ion of thtse itsnl tdllents arc sei out belo. Th¢se policie5 hale CO[lsV applscd 10 dl the vears presente¢ uesS0tht1wise Statement vf r•Enplia•ce The finaKYai s¢z&Thcnts ha%e E¢cn in with .4#4umiftg and Rep)n1 (thKiii Statetnerti ot Recommended Prxrice appliCe to Chariti Preparin trir aCcOLS in acwidarKe WiEh tht Financi31 Reponino Standard atvlicable iti the UK and R4Jublic of IrEL IFRS 10?) l¢ffttEibe l Jwiuary 20 191- IC]wiiies SORP (F 10211 tnd Ihc Thwiiies Aci ?01 i. Th¢ CortJD eg3iv)D of tht FraneisL2n SisfS is a dtsritable w The dwitys prirLipt addrw is Si J05¢ph'$ Convert E&5t StyeeL LitdthomrAoo Well gJ5s¢f. BNI7 6AU. The te8iSteredcharity tber i$ J? J? 31. Basis of preFJntioa The charity ffl¢ the defjnition of a public &nefit entity undu FRSIO? Assds and IrabiliD¥ are iDitially recounised at hi5ty)rirai cosi or iransaciion waiut LULIOJ othenTrise swed in therelevani acctsurtiino p(>Iicy DOIt5. rtK presentaiion Lwrrtftev of th¢5¢ financial staEaTrents is Sterlin - 1£). AJI amounts In these financid staiemen ve beell r>jed LQ the ncartit llnd wjlcss siatrd othcThvise. tAabiliti¢s prov5 Liabilitits att remlis¢d iyhen Ihere is an obliJtion at th¢ BaiarKt She¢t daTe as a Tesujt of a p851 cirenL IE IS prob3ble a rrangfer of ecrnotnic bcnefii i¥ill be rquued in suJkinen( and lheount ofth senlcmtnt Can be re(iabl%. LiabilitseS a wLS¢d at tk aaLount th• tlY aMcipatC5 li tvdl pay settlc the debt or the amoLuJL it 3SYtceived as advanc¢d ptyments for the or 5tTri¢¢s li musLpro¥id2. P[rJv10TrS are measuraj at the best csrimaE¢ of the arnOts re4uired to sthle & oblsgation. WheTe the eft1 ot Jhe Yah of mosKJ ss wo%isK) is baxd on Ihe FKeSeni of tho% di5¢0uMed •¢ e discouni Ta Ibat reiltcs the tisk specifi¢ to rhe liab"bliN. Tr umjjrtthntt di5counE is recognised in the Siateneni of Finaurial Activii¢s a5 a tUMK¢C05L Going coThttni rhc [rsLee$ ¢onsider that it is apwopriate w dyaii. up th¢ cknatiTr's a Goiib Concern becaw¢ ot iu% subsunli cash rtsourtt& 3nd ipYtsitneThts tontinuing irC $tyewns from ch&Titable aciivi(it5 and s eontrol over IL% costs. Its fubmctat rx)sition 15 5kthje¢i regular fvieiy b)" the Trusitts. CrltalactouniiJg jtydgtmtsJlld kty sourtt5 Df t#imat•JD 4v¢rtaiMty In th¢ 4plicaiLon of th¢ cotnwy s accoullting lICies. the tru5ttts ¥t rtquirtd fnakt judgements. esiimatts and LMplI05 about the carrvin? grn0th)t of asWS atMI liabilities that ar¢ readil) wp3rEnl frorn other SQUE Th¢ eslimates and 8550¢iered a5SUTftPliOtk5 arE tAsed on hi5Wri ewiente and oihcr ta¢ts)ts that ate COTYiidet¥d to be relei'anL A.-1 r¢5uItS diffd fN)JD Ihtse eyJma¢s Th¢tsTsmÈt¢s uthl!'in8 05swJpwsn5 D[trevial on on Rcvijiorj esinnaies v rrtts8nis¢d in peritha in illxch th¢ ¢¥ime 15 15¥d the te¥L$l thai Fric4 or bl the of ihe aAd fijtwe ¥sh¢r¢ the reliiion afftcts tx)th ojrrern and tuwrt wiods. The m05r ificani exirnatrs and &sswnNiorns which affea th¢ Ca1 aTnoun( ot wets and liabilsiies in tile a¢¢ounTS relate to". Co# of fiNed ats prior 10 1997 ¢]rnatra bascd on depr¢ciaLed ollrrnt U5¢ a]Uc. Il pnIOrt of land and buikling5 dispoxd otT is based on an ¢sti[ne of th¢ FKQPQTiion of the io&l aLe disposed off 45 Ihcic art tK) rw(Kds identify'intp theori8ind spliL Pa4e 14 Iltsrtued..
TbE Conryreoaiion of ihe Franeisc¥n Sister5 (Litylthamptonl ChJritAblt Tr¥5t oto to ihe FJMM¢ral SittrnCDts- <DN¢iD4e ror the Ended 31 M4r<> 207- AccouYrThc POLICILS- eoJt2#ue41 and key sourcts of t5timation llmcettsinty Usefvl Econoft)ic Li¥e& 2nDual deprcctaiion clwgc for PTopern.", plthii a1 ¢4yipmeiii 15 s¢nsiiiv¢ to chanee the tstimattd usefijl e¢0mie lives artd res:dtJAI Tr8ltK of as. These ate T¥&s¢ss¢d a[]nu1) aod aMElld iTr¢re to ieflrtE uur¢nr circurjsthnctk Tlie charits has elecied ro 2ppl>" the pro%isiOtts of srttiou I l -Ba5ic FTr181 and S¢ction l? 'Other Financial Itwn]meffjt5 lssu¢s' Lif FRS to 1 of its brn¢1 ils1mIell$_ Fi17ala1 in5trum¢nts are recogni5cd in rhe thlty s balaTKe the charity b0mS.P3Th to 1¢ con1[ats1 prDViSiOnS of the InstrumetiL Ft]cIal tSicts and Jiabilities ate 11.ith the p[ in th¢ 1uwci 5tatement& vhen thtre 15 a le81¥ enforc¢ riJi 10 si off ihe r¢cognisa aMoLts and theK is an intcniion 10 s¢ttlc on a rKiba5is or to reaiisB the wetatsj settk the liability SitDuitallwu51v. With the ex¢¢ptions of prepavwem and ¢kfeKrfd intory2¢ au othLY debw1{j creditor balance5 8re con5idertd basic fial in%trumrt% linder FRS 102. See note 6 for the d¢bwr rnile. Income 11 incone i5 r¢cognised in SEaternent of Financiaj.41y11Lc5 Of¢¢ rhc ¢harit)' has enlit1aenl w ih¢ fun&. li is probable thai the income iiill be recei5.cd and th¢ amount can be feliably. Ina)Ine r¢prc$CT fees, and dongtion5 atMI other amounts rei¥8b1¢. LTpeTrditiJr¢ All ¢xFKnditure rs a¢wunTrd for gT05& and ivhcn incuw Ch3rilable experMbLure includes th¢ direa (x>sts of the 2CiJSilieS ald &prLYialuin on iejated /ss2ts. IlTr¢rt 5urh costs rdate ty more thak) One functiortai cctst caiegoTV, the). have Ewwliion eithtt an tstimèie of ti]ne or thor space a5 appropri. It includes SUP[rt Costs. COM of zetserating reF¢t the itivLsbn¢nt ftts ch¥gt frJi man•Ig Lhe Charl A%esuncnt pjrttolio. Govemance costs ¢o]npri5e tIM)se costs ii'ith the me¢ung the tWtiDj1kn[ and sts(utory requireni¢n of the dTrariW aThJ ate now tnclu&d withtn suptX)rt C05LS. rued &sstts Frehold lalld alld building5 Thut hai'e been tncluded in the banCe ai Ehe trsit<S of thar coMinu¢ns turrent Use value at 31st fvIah 1997, or * cost if th¢ ¢xpeTrlw¢ incurred afitt 31$1 fvlarrh 1997. FurnitTAre. filtinos ad eqllipmMI These have been includcd in balanc- shttt 31 th¢ trLWe5 esTimatn 0fthe eonrtnwiuo (lTen£ We I'alu¢ aL ilst kl3Tch 1997. or cost if th¢ incurr¢d aft¢r 3 IA March 1997. lotor vebxbs Th¢3¢ haie b¢en includcd c051 les5 xcumulatcd thWe¢ian IThL8hi fo.d amd d¢preciation in the ciirrent Deprcci*ion 15 Fmvided on all r3Mgible fixed assas other fr<thJd knd as to TEt¢ off olier the aotitiptsd wfvl IiN"e4 sttaight lin¢ basis: Freehold propert) FuNIiwTe, fi1n & 4uiptll¢DL 2% per annum ¢r20)ear5 2)% p¢rannthn 25%perantNn Solar P2neL% Othtt ots)i i¢bicies 15 continued..
Ile of tb¢ Frnuci5can
Ssttf5 (Lirtlchamplou}
ChaFitHblc Tnt
Not¢s lo th¢ FipJmei415s¥trme•ts- to4ll•Utd
for the Itar EDded 31 Mareh 202i
AccouYfiNC POUCILS- eoLiitiu
TaThTiIAe %55tts
Invt5tmtnts
InkeStmts ar¢ includ¢d ar their mth¢t value the bojance shett date. un211Sed oaitis and los5 on
investments Ttpjffed in Sthkmeni of FInar1 .4cLiviiits under the s headiDg of Nei loss¥Jg2ins
on inve5trnent as.
Taxatitstt
Th¢ trusi is a regisJed thariLy and is txx subii to torpDtstiQn its turr¢nc4Etiiili¢s.
Fuud 4ctouDtin•x
D¢XignaÈed eomNise amourtL% which s
7be Convreg2tÈ(b) of tbe Frn#
Tbt ConErtzaiRon of tht Franciscau Si51er5 ILitlebamptoul Cbrtsblt Trust P4ote5 to the Finallci¥l St¥teme•ts- ¢•4tii¢d for tht I'tar Edtd 31 MTch 2025 TRL.sfEES' RE,IIL.NI EK4TIOIY AI4D BE.WEFs The ttesh0 are dso the senior tCLm Ttceived m remuieraoon IbJriDg the .. Thc were Keimed for reatonle trncl COSLS incyrred in the JKrfomartt oftheirdut5. STAFFCOSTS 31.3.24 Wage5 and sa]aries 1.371.884 13780il 1.371.884 .278.Oil W¥s and salari¢s expe¢ can k firyther tKok¢n down % folloibs: 31.3.?5 31.3.?4 Wa¥es and arleS Social security e05ts Ernployer cotttritrArtiO$ defined c0ntrtbutl¢ tthsN)n sctth 1277.373 74.ISO 5.189,784 69,113 Th¢ rrjonthty numkTolemplo)"e¢s Ouring they¢aT wa5 &8 folhi i1.3.25 79 il.3.24 80 CaJ¢ home 5tatr No cmpk>fv. r¢ceiiEd etMilum¢rts iEt ¢¢ess of £60,QC¥). COhqPAK4TtVFS FOR THE sTATE&lE OF FINU4CLIL ACTIVITIES tunds INCOTrlf FROIM VolutstaTr income ?1.934 ArtiYiti¢s in fvrthranceof the thaity'$ objetts Invement iKome Profir op diswl of fLxed assets 1.840.741 256 ?66 Totsl ?801.441 KXP£NDrruRE ON Ra1n8 fvn 46,184 Chirftsble i¢tivÉiie5 Upkeep of Congreil0n Cost ot probidin% residenti cate strbic£s MiiSK)na2Y iyork. artd charitable thmiions ? 066.2?9 18.996 LY)ntiniicd...
The of ihe FrnntiSe• SisttTS (LittlehAmi)ton) CbaritabkTrost ote5 to tbt Fititytial Ststemnts- CQ¢i••ed for ihe l'ear EDdtd 31 fvl#rdt •Ots COlwiPAJL4TII'E5 EOR THE sr.4TE,MLYT OF F(IlANCL4L AcTIvlE5- r•RtiNThcd Unrestricied Tolal Ne11% OD invesunaxs NEf NcolE .189.716 RECONCILIATION OF FUNDS To1 funds broughtfmard 10598.374 TAL FUINDS CARR]ED FORWARD 11788090 TAYI GIBLE FIXED ASS$ Freehold propertv fitsing> & equipnew. 'thicles TDra]s COST Ar l April J? 24 AdditiOll$ Dis3$ i.763J88 1.241.418 2)8.141 2).998 17.?98 j.?69 947 3)8.878 At J l Nfarch 20?5 1 ?46.0)8 j.604.5?7 DEMCL4TIOIN At l April 20?4 Chzroe for year Eliminatrd oll disp05wI 1.197J 69_*9? 1.107J17 229.91) li.508 119731 1534k724 117.670 11?973} At 31 fvtu¢h ?02i ?66 54 1.139957 23?.jl 16)9 4?1 14ET BI)OK VALUE At Jl Nlarch )Otij 1 8?6.694 lo6.1[ At 31 Mkn 2024 li4.031 ? J?8?ZJ Page 19 conunued..
Tbe Conttreotiofj of the Framcis¢ao Sister5 (iirtlel?mptonl Cbarilablr Tr#st h.otes to the FTlln¢ial StsiemeDts- for lh¢ Year EBded 31 March 2025 FLED ASSET INVE TS Listrrfj Cesh at Tozal$ I IARKET VALUE Ai l Awil ?024 A(Mitions DisFosals RevaItio{LI i46.78i 8.8Jl.6?8 ? lJ6,J13 1? 697,i771 J lJI313 1? 4i4,(A41 (243,i3Jl At 31 2025 103.252 NET BOOK VALUE 7.760J08 7.863 560 t31 March 2024 346 785 2025 2024 lysts of listed iRve5tsets 'i.44J.016 4 317?92 i.76A439 4 118.404 Ove[5 7.7C0 8,484.84) FIigori¢ ¢OST &094.649 8.41i096 All inv¢sun•xs hekl prinwilb ro pm¥'ide an ini¢5DTreni return for Listrd investsn¢ats gre measured at f"T Yduc. The b&sis for dciermiollLD th¢ fwr vojue i%the quowl Ai8rlceL prie¢ in the acti&e nark.et at the wiod end. DEBTORS: APéK)uKrs FALLING DUE IVITHif¥ ONE YUR 31.i25 DebrS & pr¢paytllents 163616 148.i96 conliniied..
The conoregatjo of the Fraoclstatt (iAttlebamptDll) Cbartl4bk Trn51 ")tes io the fiDautial Stsiewents- c•Dliplled for tht Trcar E•dtd 31 Martb 2015 CREDrroRS: Ahioifws FALLLY, G DUE IVITIIDI O.YE YUR 31J24 Trle 1[Or5 14i.867 101.i?9 16. Ttansfa5 Ar 1.4.74 7 funds U4re5tMettd tsDds Gera1 fimd ProperN alld EqupeM edicd & RffllremenLpfoSKin Formiions filttd 4.659.867 1728223 4.1)(K>.O 400.1]00 14491241 3.973.160 1965.106 4.OQO.000 400.0(M) 236,883 11788.090 449.4 11338206 TOTAL FifNDS NetaTreM0¢ fiJEd%. inclth in the as folbTrs.' IncoEllin8 Rtwc¢s . Gains Moitsnent e¥ttrNkd in fijnds UnrettrÉ¢tvJ faJds General fvnd 91817 (2.470.951) I371.6} 1449.8?4) TOTAL FLryDS 92.817 Compar4tlve5 for movement i¥ f4# TrasfeT5 beN'e fid5 mo%ent At Ai 1.4.?3 Generdl fvnd Properrv and &quiptnent Fund {edic & Retireii Icnl Pro71K>A Formations fvnd 1.189.716 ?09.331 12LY)j311 4.6i9.867 1.7?82J 4.000.000 2.937A>4 4.000,0(KI 10.598374 1.189.716 11.788.0 TOTAL FUKDS 10.598JI4 1.189716 11.788,(Y)O Page21 lirtutd..
The Conqregaiiou of tke FYaei5can siste {LittIehqrnptonl Ch¥ritable Trnst Notes lo rke Financial StstrwMts- t(nli#lle for the lear Ewded 31 2Dts J& MOVE1 P4 FiMIS- ¢tinUed Cwparative net movement itl fund& tn th¢ atrK)iYar¢45 follows Incomirtg Gains 8]Ml Klovom¢nt tn fimds eytthded UTrttsirieted fvnJs Geneial 1801.441 {1293.7081 681.9 .189,716 TOTAL FL4ThDS ? 801.441 (2293.708 681.983 189.716 A cuyreni year 12 Inonihs and prior)e4r l? nM)nth5 LyxnbDxd p)siuon t5 as foUo4w. Tw5fas Ai 1.4 ?3 31J25 Unrestrt¢tEd fiTllds General fvnd Property aud Equipmeni Fund fedical & Rettrejneni PTOViSH)n Formaiioas fithd 7i9J92 1tr7.5j?I 27.35 J.973.160 ? 96i,106 4.ts)0.th)o ? 9j7.j54 4.000.(KM) 400.0 ID l J38 ?66 T4yfAL FLTNDS 10.598.374 11 338266 A cuir&ii Y 12 months atHI prior i¢ar l? months Cotnbined rteE moiaiJmT in [j$, cludl ill die atrM)ie as follow5= Iwjmillg Resourt Gains aod Move]n¢nt ftujds UBre5tvicttd Gewal fiJAd j.ft94 ?58 {4,764.659} 3 IQ?93 739.892 TOTAL FUNDS 3.194?j8 4.764.Oi91 iIO793 iJ9 89? The puw5¢5 irnpod on e¥h i1•YiLa[ fun aod the plarnial w of the wt txplaincd in the Reberves. PoticyTr and Financial P05itiort stttiotb of the F[[wKi Ktviem" the Tru%kes Rtpjrt on Page 14 of the counts. A rr)nsfu of£236,U3 h&$ been m•]e from ihe Denerdl to the prcw aTrJ eqlliponi rd th¢ year ID rDverllie inoEasE Èn ihe of thible fiktd assets in the v. Page 21
Tht Conorvg1¥)# olthe Frnti5U Siste15 ILittlehJmptonl Charil•bl¢ Trist Notss io the FinaAcial Si#itTritUts- coBti••ed for le Year Ehded 31 2025 17. REL4TED P.4RTY DISCLOSURES As a r¢litrious communit). in¢ome recved bTh" th= rnetnkrs ts receiiul into the churit%. including 5aiarie$ and p¢nsiotts. The charity. pro¥ides tKKtsing 3Rd subsi5t¢n¢¢ its mMWer5 includinp trwL¢es. Each tnember rcccii'es &n C0[e for ItLeir oftice _gether livino ac0)mmodatio Ilwirg ¢¥Ftrfjts and rtimbtws¢ffl(ri of tosr5. Thi& ipendinLre is 51h)Hn under 5vww)n c05W. At the Snee SPet date the amoutti due tEVirorn The RelitTl 75 £Nil 12074- £Njll. i& NoADJ11&fiyG EVETr4TS AFTER THE END OFTHE REPORTING PEIUOD .4$ 8131 fardi 20?) the Truittts had math the d¢cision 10 Si Antis Re%denii81 CaTe Homc and Coni"cnL BuIvess Hill and iver- aLve1 mtri-4in8 tlit Cdr¢ Home. On the )Oth Oaober the 5a1¢ ot Si An5 W85 comple1t. St contributed uKonLe of£780.(I(NJ in the 20a? fioatsc1 sEaemerLs. Pase 23