THE CONGREGATION OF OUR LADY OF PITY
REGISTERED CHARITY NO. 233237
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31- AUGUST 2025
KING LOOSE & CO
INDEPENDENT EXAMINERS
ST JOHN'S HOUSE
5 SOUTH PARADE
SUMMERTOWN
OXFORD OX2 7JL

THE CONGREGATION OF OUR LADY OF PITY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2025
CONTENTS
Page
Legal and Administrative Details
Trustees Report
Statement of Trust¢e5' R¢5pon5ibilities
Independent Examiners Report
Staleinent of Financial Activities
B21ance Sheet
8-16
Notes to thc Fiiiaiicial Stalejnents

THE CONGREGATION OF OUR LADY OF PITY
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31- AUGUST 2025
Charity No.
233237
Trnst Deed
Dated 5" February 1964
Constitution
Dated 2ty May 1972
Trllstees
Miss V Thomson (Reverend Mother- Sister Veroni¢a)
Miss M A Walsh (Sister Antonia) (died 2 April 2025)
Mrs B Fisher
Mrs J Smith
Rt Rev Dom David Cuthbert Brogaii OSB
V Rev Canon D Hopg￿d
Mr U E Scliwarzenbach
Principal Address
St John's Coiivent
Linden Hill Lane
Killi Gr¢¢
Readin
Berkshire RG 10 9XP
Banke
Barclay5 Bank PIC
Mayfair Group of Branches
PO Box 11345
Loiidon
W128GG
Investment Broke]
Charles Stanley & Co Limited
55 Bisl)opsgate
Loiidon
EC2N 3AS
Accounts & Administration
Andrew J Curtis
Independent Examiner
Mrs H C Fanthome
Kiiig L005e & Co
St John's House
5 South Parade
Summertown
Oxford OX2 7JL

THE CONGREGATION OF OUR LADY OF PITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31sf AUGUST 2025
The Trustees have pleasure in presenting the financial statements of the Charity for the year elided 315¢
August 2025. Tlie financial statements liave beeii prepared in accordaiice with the accounting policies
set out in note I to the accounts and comply witli tlie Charity's Trust Deed and applicable legislation.
Histo
of The Con
tion
Tli¢ Congregation was founded in 1948, under the leadership and direction of Mother Margaret Mary
Lauder. From the beginning, the comtnunity wanted to offer dieir liv¢s and work to assist priest5,
however, this was not realised until 1963.
At that time, some of the sisl¢rs went to work in seminaries and parishes - caring for tl)e parish priests
and assisting tliem ift parish work. The commiinity have ¢onstantly been aware of the need foi renewal
and re-assessmeiit of their aposlolale.
From 1965 uiitil 1995, tliis awstolate wa5 to care for retired priests who needed care. These priests
came from dioeese all over the UK and froin religious orders. The aiin was to provide the priests with
personal care during tlieir retiremeiit years and also to see to their spiritual needs- daily Mass, visits from
other priests and support from the diocese. From 1996, changes took place as set out iii the Cliarity
Obj¢¢tives b¢low.
Chari
's Ob ettives
From 1996, the whole pro¢¢ss of retirement and pastoral work for older priests clian8ed under a new
scheine set up by tlie diocese of Portsmoutli and the clergy are now able to retire earlier when they still
have some quality of life. Therefore, instead of full-time pastoral ministry, tliey perfonn part-tiine
supply work fi'otn St John's Convent whilst receiving from the sisters tlie necessary pliysical and
emotional ￿re.
The primary aim of the Congregation remains the care of priests who have to retire from full-titne
mii)istry, bui has opeiied up now to short-tertn care. and also cateriiig foi. priests and religious brothers
and sisters who need tiTne off to Inake a retreat, have a few weeks rest after missionary work or post-
operative care or rest.
The aim is always to provide a qui¢L peaceful. relaxiiig atmospliere for all Tesideiits and guests. Under
the fourth vow of the Order, that of Apostolic Zeal, a commitmeiit exists to help all people in iieed,
tl)er¢for¢, special attention is given to the care of the Ilotneless, families in need, and orphans. As a
religious Congregation, daily lives must be goven)ed by the Gospel, whilst keeping a balan¢e between
financing tlie work and caring for tl)e brotliers aiid sis*rs wlio are iii need of basic living and human
Review of Develo
ments Activities 2nd Achievements
Ac¢oinmodalion aiid activity income lias shown modest but sustain&ble growth, and works to upgrade
the property overall now see the cliarity well placed to welcome ￿sIdents and guests.
Ecumenical activities are continuing successfully, and tlie Sisters are frequently called u]x)n to assist
families whose lives have beeii directly affected by pressures imposed by the cost of living crisis.
A significant donation was received in 2024, comprising cash plus a large stocks and shares ptrrtfolio,
from tli¢ R.H. Baden-Powell Daughter's Settleinent. The Value of tliis was £488,028.

THE CONGREGATION OF OUR LADY OF prry
5T
TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025
Public Benefit
Supporting the community gives the Charity the greatest outr¢a¢h and provides the greatest public
benefit. The Charity continues to engage witl), and be accessible to, the community it aims to reach and
serve. In considering the c]￿rIty,$ Continuing aitns and objects, tlie Trustees l)ave reviewed Ilie
guidance issued by tlie Charity Commission in relation to publi¢ benefit. and Consider tlial the public
benefit test continues to be satisfied.
Finances *nd Investtnent Polic
The Charity's investments have continued to be managed with the objective of maintaining a balanced
return between long-temi capitsl and income growth. Charles Stanley & Co. Liinited, U)e Charity's
Investment Broke￿, work within an investment policy which the Trustees have drawn up.
Due to the continuing worldwide problems in the financial markets, the value of the Charity's
investinent portfolio deCr￿ased over the year, altl)ougli income levels tlierefrom weit Inaintaii)ed. The
previous aiid Continuing restructuring of the portfolio has generally protected tl)e Charity in such very
difficult times.
Ai 31" August 2025. the investtneiil portfolio amounted to £1,718,418. a decrease
against the brought forward value of 6.6% over the year.
ointment and Trainin
f Trustees
The Trusle¢s meet to nominate and appoint Trustees for the Cl)arity.
With regard lo training and inductioii of new Trustees, the ]y)licy is infornial- n¢w Truste¢s attend the
regular meetings where matters of poli¢y, principle and finance are discussed.
aniskitional Structure
'n)e l-l'ustees Jneet at least bi-annually and decide the policies and principles to k followed. Infomial
meetinus are also held wlien the need arises. The Reverend Mother- Sister Veronica- is appoii)ted by
tlie Trustees to eiisure tlie decisions are carried out and tlie Reverend Mother also takes all day to day
management decisions.
Reserves Poli
Tlie Trustees carly out an annual review of tlie Charity's free reserves p)licy (free reserves being those
funds not tied up in fixed assets, designaied or restricted funds), in light of risks and future plans. The
Trustees l)ave establislied a policy lo liave a minimvin fr¢¢ r¢s¢rve of approximately four montlis of
normal resour¢es expended, which equates to £160,000. This reserve should enable the Charity to
continue to Ineet its objectives if it faces loss of income, increases in costs or delays in r¢ceipts.
Risk Mana
ement
The Trustees Iiave examined the major strategic, business and operational risks Hthich the Charity f2¢¢S
or may fac¢ and ¢onfimi tliat systems liave been establisl)ed to mitigate the significant risks.
Th¢ Trust¢¢s ¢onsider d)al the principal risks facing the Charity aie'.-
a) Maintaining the value of tlie investments, in tems of income generation primarily, to support
the ¢ongregalion and its activities, and
b) Diminishinu number of sisters or tlie Order, worldwide.
Insofar as is possible, tlie Trustees keep these mattel's under review.

THE CONGREGATION OF OL',RLADI"' OF PITh.
TRUSTF.FS' RF_PORT foKTHF. I'E.4R E.%DED 31-
IL'GLST ?025
Staiemeni of Trusi¢os' Rcs
ortsibililies
The Trtis1e￿ resJonsib-:e rot piEp)J.-iRg the ar471 UJ rtswrt and ihe firLkUl¥ial S'.atdIi¢n￿ in accurdance
idi appiLcablL laii. and L'ni.'ed kingaori GLI.'::IIN' 1lcopied.4￿c0UnIiTrg P￿"11￿c.
Laiv Jpèlbcable Ic ib.&'i(!ts in EiglJnd a-i.d Iljalex rcquiroE rhe TruireL. 10 prepare fInancial stLctntniS
vedr anfj or ili iFtyaIl
131 P0>51ion ai Ihe end of The kvdr. In prerra.. lp.g Ihos¢ tir.anbial STaremenis, tti¢
Trui",ee% are r¢quirid 10-.
<elL¥i Suitable arcountiP.g polibi% a.-,d th.en app':>- Ihem ¥MsisrentlJ:.
Obser%e IliE nie1i1￿j5 and priLieiplti in tbe appiicablL Charilikn%.snRP.
A4dkr ju6¥emeY￿ ￿ and ¢stif4aies tr..aL reasop.aL)le artd pruJenL
Stale appliL-dblL
"Ccoynlin￿ sIan￿rdS 50ienent$ of retsommended pra¥liCC haye
beer. TolloI￿Éd, subjeLX lo an). Tnaleri31 ￿partUreS disclosed 2nd e¥plain¢d in Ihe Iindnci
te.meFIs,"
--thounts on -h2 goiftg conc¢m b￿lS unle55 it is ir.appropriate io pruum= Thai thc
T4e Tnjsiees art
.knSwnsiblL ltir maiiiEaii:Il& DfopLf reco,.ds iihi¢h Ili>-I￿￿5¢ l%'li'.I i¢asonoD.L
2C¥uraci' 21 ani. LITC ri-.,
POiiii¢r. ot Ihe Charil/.
siai¢Tcr.i- ¢orn.pli' M?Ih Elle Cbari::1S .4ci dol l Hqa tne relci'3r.I Chdr.iii.¥ SORP. Th.ei' Oly a150
rcspons.,blc for &irb&itsrdinb Ik..¢ i-h2r.1%4 Jp.# Iienc- lor tak'in¥ rcasonaolc steps for 11,.
rre¥eii-'.011 a41d d￿eLI.,0n L)fi.7ud an￿ olther iLreff*ulLjT?¢s.
Signed oty bth21fof the Trtt5tee5
ofil (Lv26
OL•
l- Thomso
Dated

DEPEf4DEIYT EXAMINERS REPORT TO THE TRUSTEES OF
THE CONGREGATION OF OUR LADY OF prry
FOR THE YEAR ENDED 31- AUGUST 2025
I report on the accounts of tlie cliarity for the year ¢nd¢d 31, August 2025, which are set out on pages 6
to 16.
Res
ective res
onsibilities of the trusteos and examiner
Th¢ ¢harity's Irusl¢es are responsible for the preparation of the accounts. The charity's trustees consider
that an audit is not required for tliis year under Section 144{2) of th¢ Charities Act 2011 (the 2011 Act)
and that an independent examination is needed.
It is my responsibility to'.-
Examine tjie accounts under Section 145 of the 2011 Act:
lo follow the procedures laid dowii in tlie General Directions giveii by tlie Cliarity
Commissioner linder Section 145(5)(b) of the 201 l Act; and
to state whetlier particular Inatters have come to tny attention.
b)
Basis of inde
endent examiner's re
ort
My exainination was carried out in accordance with the general directions given by the Charity
Commissioners. An examination ii)¢ludes a review of ihe accounting records kepr by the charity, and a
coinparison of tl)e accounts preseiited with those records. It also includes consideratioii of aiiy uiiusual
iteins or disclosures in the accounts, and seeking explanatlOT15 from you as trustees concerning any such
matters. The procedures undertaken do not provide all ihe evideiice that would be required in an audit,
and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the
report is liiniled to diose matt¢rs s¢1 out in i])e slalem¢iil below.
Inde
endent examiner's statement
In ¢onn¢clion with my ¢xamination, no matter has Come to my &ttention'.
whicli gives m¢ reasonable ¢ause to b¢li¢v¢ that in any material resp¢¢t th¢ requiremenls
to k¢¢p a¢¢ounting records in accordance widi S¢¢lion 130 of th¢ 2011 Act. and
to prepare accounts which ac¢ord with the a¢wunting re¢ords and to comply with the
accouiiting requirements of the 201 l Act
have not been met- or
{2)
to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
King IA)osc & Co
St John'5 House
5 South Parade
Summertown
Oxford OX2 7JL
Mrs H C Fanthome FCA

THE CONGREGATION OF OUR LADY OF PITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 315f AUGUST 202S
Unres-
tricted
Funds
Total
Funds
2025
Unres-
tricted
Funds
Total
Fund$
2024
Note
Income & Endowments from:
Voluntary Incottie
Activilies for gcnerating funds'.-
Fees for Accommodation
and Services provided
34.831
34,831
538,999
538,999
214,855
214.855
203,210
203,210
Peiisions
4,018
4,018
5,050
5,050
Investment Income
75,785
75,785
75,129
75,129
TotAI Income and Endoivments
329,489
329,489
822,388
822,388
Expenditure on
Charitable Activities..
Operating Costs
Grants
420,521
420,521
423263
423.263
2,335
57,019
2,335
4,297
67,800
4,297
Other Support Costs
57,019
67,800
Total Resources expended
479,875
479,875
495,360
495,360
Net (Expenditurey Incoine for the Year
Before Investment Movements
(150,386)
(150,386)
327,028
327,028
Net Gaii)s on Investinenls
And Fixed Assets
56,144
56.144
115,304
115,304
Net Movement in Funds
(94,242)
(94.242)
442,332
442,332
Total Funds Brought Forward
3,735,508
3,735,508
3.293,176
3,293,176
Total Funds Carried Forward
3,641,266
3.641.266
3,735,508
3.735,508
Tli¢r¢ were no otli¢r recogni5ed gains or losses other ihan those reflected in the Staleinent of Financial
Activities.
The notes on pages 8 to 16 fom part of ihese accounts.

THE CO.NGRECI.4TION' OI"OLR I.ADI' OF- FITI,
B.4L4.NCE SHF.E
.4S AT31?1 AI':GL,ST ?0?5
?024
Fixed Assets
Tangibrf Asse
1.8i5.SiO
1,86i,68"
InYcsiT.en15
1,718,418
1,8i9.98".
3,45.1.*48
i. IOi.66i
Current.￿$sell
Dch:ors
%hDrt Term Bank D=p)&iES
6.9)1
84.40K
6,870
4i.124
120.201
62,481
Curreni Liabtliti
Creditors. Amounts Fall.'ntp ou-
u'iihin oiie i'eir
?5,%16
,Net Currrnf tissets
G4,68%
Totul A55ets less Currertr 1.Tr2biliiirs
j,44y.56-.
credllots...4￿il1&..1ts ralaiig Jb"
-cr mv.-e il'.art onc y'car IQ
7.661
j.U1 ry6ti
j.lJ5.<08
UntC5triaed Fund5
j.641 ?66
J,7)< 508
Appros'td the 1102rd of Tr￿slee¥ signed on its b*h#lf bb.:
V Thom&nn
Daied
Tli= nDiLg on pages 8 t() 16 fo￿ pan or Il.:e aLroJnis.

THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31-AUGUST 2025
Accountin
Polieies
Tlie following accounting polici¢s are ¢onsidered material in relation to lh¢ Charity's financial
statements.
General InforJnation
These financial statements have been presented in Pound Sterlin8 as this is the currency
of tlie priinary economic environinent in whi¢h the Charity operates.
b)
Basis of preparation
The accounts (finaiicial stateinents) have been prepared under the historical cost
Convention with items re¢ognised at cost or transaction value unless othenvise staled in
tlie relevant notes(s} to tliese accounts. The financial stateineiits have been prepared in
accordance with the Statetnenl of Recotnmended Practice.. Accounting and ReportiT]g
by Charities preparing their accounts in accordance with the Financial Rewrting
Standard applicable in che UK and Republic of Ireland (FRS 102) - Cliarilies SORP
(FRS 102). and die Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 102) and tlie Cliarities Act 2011.
The Charity Constitutes a public benefit entity as defined by FRS 102.
The charity has taken advantage of the exemption to prepare a casl) flow statement, as
contained in Financial Reporting Siandard I, on the ground5 that it is a stllall charity.
Activities
The financial statements include the results of the charity's operations as deseribed in
tlie trustees, aniiual repor¢ and all of whicli are Continuing.
d)
Revenue Recognition
Investment ineome
Investineiit Iiicoine is credited to incoine on a reccipts basis, and cotnpris¢s divid¢nds
and interest from listed investments, and inlerest on d¢FX)Sits.
Pensions
Sucli income is either stale pension, or sourced from the sisters. activities, either currenl
or previous, and is wholly covenanted to the charity by tjie 51Sters, on a reccipts basis.
Donations and Le
acies
Doi)ations are ci'edited to income wlien received. Legacies ar¢ credited to iiicome when
the chai'ity is legally entitled to tlie income and the amount ¢an be verified with
reasonable acciiracy.
Fees for accommodation and services
Such iiicome is sourced from the cliarity's freehold property, supplemented by income
from tlie sisters, activities, and is credited to income on a receivable basis, al the point
al which the charity is entitled to tlie income.
All incoming r¢sour¢¢s are thus included in tlie Statement of Financial Activities wlien
the charity is legally entitled to the income, and the amount can be verified with
reasonable accui'acy.
Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or coi)structive
obligation committing the cliarity to that expenditure, it is probable that settlement will
be required and the amouiit of tlie obligatioii can be reliably measured.
Expenditure is included on an accruals basis and has been classified under headin8S that
aggregate all costs related to tl)e category.
Expenditure represents the costs of supporting the sisters both personally, and in their
a¢tivities on behalf of th¢ ¢harity.

THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED31ST AUGUST2025
l. Aecountin
Policie5
continued
Grants and Donations
Grants and donations expended are shown in not¢ 5 to the financial statements. These
are reported when paid. There are no SI￿1]fICant multi-year grants.
g)
Value Added Tax
Value Added Tax is not recoverablc by the Charity, and is included in the relevant ¢osts
in the Staleinent of Financial Activities.
h)
Tangible A&8ets and Depreciation
Property, plant and equipment are initially recogiiis¢d at cost whicli is the purchase
price plus any directly attributable costs. Subsequently property, plant and equipment
are measured at Cost less accumulated depreciation aiid itnpairment losse5.
Land and buildings are measured at fair value at Ilie date of revaluation less any
subs¢qu¢nt accumulated depreciation and subseqiienl a¢¢umulated impaimient losses.
Revaluations are considered ¢v¢ry year ensuriiig the carrying amount does not differ
materially from the fair value detemiined at the end of the reporting period.
Ai 31. August 2025, the truste¢s were satisfied thac no revaluation adjustments were
required.
Depreciation is providcd on taiigible fixed assets in order to writ¢ off each asset over ils
expected economic life. The rates of deprecialioii applied to each class of asset are:_
Freehold land
not depreciated
Freehold buildinus
10/0 on revalued amount plus
subsequent additions
15¢/o on rcducing balance
25 % on slraight line basis
25Q/o on reducing balaiice
Furnitui'e and fittings
Equipmcnl
Motor vehicles
Investments
Investtneiils are showi in the accounts at fair valu¢ whicli has been det¢miined as
follows'.-
Listed securities and secLirities on tlie Uiilisted Se¢urities Market (USM) are
shown by reference to Inid-lnarket priee and other appropriate financial
infonnation.
Other unlisted securities are valued having regard to lat¢sl dealings,
professional valuations, asset valu¢s and othei. appropriate financial
infomiation.
Unit trust inveslments are staled at tlie tnid-poiiit of the latest prices quot¢d by
their respective managers prior to 3151 August 2025.
Wliere appropriate, investments licld in foi'eigii currencies have been valved on
the relevant basis and translated into sterling at the rate ruling on 31. Aiigust
2025.
Gains and losses, whether r¢alised or not, are reFK)rted in the Statement of
Finaiicial Activities.
(iv)
(v)

io.
THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- AUGUST 2025
Accountin
Policles
eontinued
i)
Financial Assets and Liabilittes
Cash and cash equivalents. Cash and cash equivalents include cash in hand,
deposits held with banks, and other sliort temi highly liquid investments with original
nTraturities of tliree montl)s or less.
Investments. Investments comprise Quoted Stocks and Shares as detsiled in the
notes to the accounw for which a fair value can be measuiEd reliably. Such
investmeTrts are initially recognised at flir value, which 15 the trai)saction price
excluding transa¢tion costs. and are subsequently measured at fair value with
tnovements being reflected through the statement of financial activities.
Trade and other payables. Trade and otlier payabl¢s that are payable within one
year are measured at the uiidis¢ounled amount of the casli expected to be paid.
k)
Impairment of Assets
At each reporting date the Company reviews the carrying value of its assets to
determine wh¢tl)¢r Ilieit is ai?y indication that tliose assets have suffered an
impairinent loss. If any such indication exists the recoverable amount of the asset is
estimated in order to deterniine the extent of the impairment loss.
The recoverable amount of an asset is the higher of fair valu¢ I¢s5 ¢0sts to sell and
value in use. Value in use is the pre5eiil value of the future cash flow expected to be
derived from the asset, or cash generating unit. Tlie present value caleulatiork
involves ¢slimating the future eash inflows and outflows to be derived from
continuing use of the asset, and from its ultimate disposal. applying ali appropriate
discount rat¢ to thos¢ future casli flows.
Wh¢r¢ the receivable amount of an asset is less than tlie carrying amount, an
impaii'ment loss is recognised immediately in tlie stat¢m¢nt of fiiian¢ial activities.
Ai) impaimieiil loss recogiiised for all assets is reversed in a subsequent period if.
and only if, the reasons for the impairmeiit loss hav¢ ¢eased to apply.
Leasing and Hire Purchase
Lease arrangeinenls are classified as a finance lease where the temis of the lease
transfer substantially all tlie risks and r¢wards of own¢rsliip to th¢ lesscc. All otlier lease
atTangetnents are classified as an operating lease.
Assets held undei. finaiice lease arrangements are recognised as assets within propety,
plant and eqiiipin¢nt at tlieir fair valuc, or, if lower, at the present Yalue of tlie Iniiiimum
lease payineiits, each deterniined at the in¢eption of the lease. The assets are
subsequently d¢preciated over the shortcr of the lease tenn and their useful life. Tlie
corresponding finance lease liability is re¢ognised as a finance lease obligation, with
lease payinents being apportioned between fiiiance cliarges and a reduction iii the lease
obligation so as to achi¢ve a constant rate of interest oil tlie remaining amount of the
liability. Finaiice charges are recognised within the statement of financial activili¢5.
Payment5 made under operating lease arrangements are charged to tlie statem¢nl of
financial activities on a straight line basis over the lease term.
Employee Benefits'_ Pensions
Tlie cliarity operates a d¢fiiied rontribution pcn5iOII sclieme in respect of certain paid
employees. The schetne and its assets are held by independent managers. The peiision
char8e represents the amount5 payabl¢ by th¢ ¢harity to Éhe fund in ￿SpeCt of the year.

ii.
THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST2025
l. A¢¢ountlD
Policies
continued
Fund Aecounting
Funds held by the Cliarity arc eitlier..
Unrcslricted General Funds- these are fuiids wliich can be used iii accordaiice
wiih the cliaritable objects at tlie discretion of the Tnjstees.
Designated Funds- tli¢s¢ are fuiids set aside by the Trustees out of unrestricted
general funds for specific future purposes or projects.
All of the charity's assets are currently represented by Unrestricted General Funds.
Going Concern
The financial statements have been prepared on a going concern basis.
The current economic conditions present increased risks for all entities. In response to
such Condilioiis. the trustees have carefully considered these risks, includiiig ali
assessment of uncertainty on future trading projection for a period of at least 12 months
froin the date of signing the financial statements, aiid the exteiit to wliich they miglit
affect the preparation of the financial statements.
The trustees have concluded that the going concem basis remains appropriate.
2. Donations Grants and Le
acies
Included within the figure for donations, grants and l¢¥a¢i¢s are the following gifts.'_
Brenninkineye
M Bunn
l&J Williatns
15,000
1,000
2,000
The Trustees are sin¢¢r¢ly grateful for these generous gift5.
3. Investment Income
2025
2024
From Listed Ii)veslinetEts
From Bank Deposits
74,508
1,277
73,380
1,749
75.785
75.129

12.
THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr
T 2025
4. Ex
enditure
Other
Total
Funds O
2025
Other
Total
Funds
2024
eratin
Costs
erati
Costs
Costs
Cost
Food, Provisions
Sundries
Light aiid Heat
Rateslcouncil Tax
Teleplione
Insurance
Repairs & Renewals
Garden Maiiilenance
Motor &Travelling
Expenses
Holidaysl Pilgrimagel
Retreat
Staff Costs
Newspaper4 Magazines
& Recoverable Expeiises 1,526
Printing, Stationery,
Postag¢, & Coinputing 2,439
Advertisin(F
Chapel Expenses
Clothing and Linen
Medical Expensesl
Nursing Home Fees
Fui)eial Costs
Independent Examiner's
Fees
Bank char￿e$
Cleaning, Suiidi'ies &
Siibscriptions
Depi'eciation
Motor Vehicles
6,271
Furniture & Equipment 4,581
Freeliold Property
17,000
Legal & Professional Fee5
165
Equip. Hire(Fire Alamis) 1,740
Invest. Managers, costs
Hire Purcliase Interest
39,503
35,829
2.573
18,643
13.964
111,546
1206
39,503
35,829
2,573
18,643
13,964
111,546
1,206
50,076
33,801
2.535
13,691
13.332
108,038
1,864
50,076
33,801
2,535
13,691
13,332
108,038
1,864
5,055
5.055
8,361
8,361
9,179
85,462
9,179
124,445
10,613
81,392
10,613
122,192
38,983
40.800
1.526
1,223
1,223
2,439
5,242
5,242
14,31 1
3.127
14,311
3.127
14,148
1,380
14,148
1.380
18,361
6,078
18,361
6,078
21,615
21.615
5,280
473
5,280
473
4,000
392
4,000
392
21,962
21,962
22,949
22,949
6,271
4,581
17,000
521
1,740
11.927
8,362
5,841
17,000
166
1.634
8,362
5,841
17,000
11,722
1,634
11,052
356
11,556
11,927
11,052
420.521
57,019
477,540 423,263
67,800
491,063

13.
THE CONGREGATION OF OUR LADY OF PITY
TE
THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31- AUGUST 2025
Grants and Donations
2025
2024
To Individuals
To Other Charities
Diocesan donation for priests
2,537
1,760
2,335
2,335
4,297
Tart
ible Fixed Assets
Freehold
Pro
Motor
Vehieles
Furniture
Total
Cost or Valuation
At I" Septetnber 2024
Additions in Year
Disposals
2.397,380
43.053
168,666
2,609,099
At 3 1st Au8USt 2025
2,397,380
43,053
168,666
2.609,099
Depreciatio
At I" September 2024
Charge for the Year
Disposals
581,633
17,000
17.970
6,271
145,814
4.581
745,417
27,852
At 31° August 2025
598,633
24,241
150,395
773,269
Net Book Values
Ai 31$1 August 2025
1,798,747
18,812
18,271
1.825,830
At 31° August 2024
,815.747
25,083
22,852
1,863,682
The following assets were held under Ill￿ pur¢hase agr¢em¢nts'.
2025
Net book De
Value
2024
Net book De
value
reciation
re¢iation
Motor vehicles
8,722
2,908
11,630
3,877
The freehold property was last revalued on 17 ' August 2000 at £2,450,000, by M W Heatli
F.R.l.C.S. of Martin Heath Associates. The Trustees used this figure to restate tlie ¢arrying
value of the freehold propcrty as at 31, August 2000, with subsequent additions being reflected
at cost, and disposals as ai) apportionment of tlie revalued ainount.
Tlie entire net book value at 31, August 2025 represents fix¢d assets used for direct charitable
purposes.

14.
THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31ST AUGUST 2025
Fixed Asset Investment$- Portfolio
2025
Valuation at ISI September 2024
Add: A¢quisitions al Cost
Legacy
Less: Disposals
1,839,983
246,387
(424,096)
1,662,274
Cliange in Market Value
56,144
Market Value at 31° August 2025
1,718,418
Represented By:
2025
Investment5 listed on a recognised Stock Exchange, including
Investments and Unit Trusts, are as follows..
UK
Ov¢rs¢as
1,034,652
362.194
1,396,846
Fixed Interest and Govt. sto¢k
321,572
1,718,418
Analysis of Net Investment Gains1(￿SSes)
Uiirealised Gains for the Year (portfolio)
{Loss¢s) Realised on Disposal etc (portfolio)
Gaiiis on disposal of propety
76,136
(19,992)
Nel Invesiment Gains
56,144
Material Investments as at 31" August 2025
Market
Value
°/0 of Port-
folio Total
Consistent UT- Practical Investment
Sliell pl¢ ord shar¢s
Man GLG High Yi¢ld Opps
National Grid
M&G plc
T¢inpl¢ Bar Iiivestment Trust
82,380
65,376
64,113
62.460
68,275
71,610
4.79
3.80
3.73
3.63
3.86
4.17

15.
THE CONGREGATION OF OUR LADY OF PITY
NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST2025
Debtors
2025
2024
Pr¢payments and Sundry Debtors
Income Tax Re¢overnbl¢
4,536
2,365
4,505
2,365
6,901
6,870
Credttor$- Amounts Fallin
Due Within One Year
2025
2024
Ti'ad¢ Creditors
Social Security and Other Taxes
Accruals
Hire Purchase Creditor (current element)
3,463
20,481
1,572
4,653
15,174
1,572
25,516
21,399
10. Creditors- Amounts Fallin
Due After More Than One Year
2025
2024
Hire Purchase Creditor Due 1-2 years
Due 2-5 years
1,572
6,095
1,572
7,667
7,667
9,239
11. Unrestricted Funds
2025
The movement in unre5tricled funds dllring the year is as follows:
At I" Septeinber 2024
Net Outgoing Resources for the Year
Gains on Investments, and Other Fixed Assets
3.735,508
{150,386)
56,144
At 31° August 2025
3,641.266
12. Trustees, RemunerAtion and Ex
enses
Th¢ Trustees received no remuneration (2024 - nil). Two of the Trustees, Reverend Mother
Sister Veronica (Miss V Tholnson) and Sister Antonia (Miss M A Walsh), had use of the
Charity's tnotor vehicles and all molor, living and other expenses are paid by the Charity to
enable tliem to carry out Ih¢ii' work on its belialf.

16.
THE CONGREGATION OF OUR LADY OF PITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- AUGUST 2025
13. Em
ees, Remuneration
No employe¢ eamed emoluments of more than £60,000 p.a. during the year.
Staff Costs
2025
2024
Wages and Salaries
Social Security Costs (nel of Employtnent Allowance)
P¢nsion Costs
115,660
6,098
2.687
114,104
6,155
1,933
124,445
122,192
The average number of staff for the year were..
N(ty
Sisters
Operational Staff
Administs'ative staff
14. Contin
ent Liabiliti
The Charity had no material contingent liabilities at 31, August 2025.
15. Secured Ltabilities
Hire Purcliase Creditors are secured on certain of the Charity's fixed assets as detailed in note 6
to these accounts.