of Marie R aratrice Flnanclal Statements for the Year Ended 31st December 2024 QUInL AccountTng S•rvI$ Ireland Ltd Certified Public Accountants Heron House Blackpool Park Bla¢kpool Cork www.quinLts.i•
Society of Marie Reparatrice Contw Information Truslee's Report 4-11 Independent Examlners Report lo Trustees 12 Statement of Financial Acti¥llties 13 Balance Sheet 14 Slalement of Cash Flows 15 Noles to Financial Ststernenls 16-21
Society of Marie Reparatrice Informatlon Tnmtees Th8 Socb8ty of Marie Reparatrice Trustee Ltd Charlt Re Istralion Numlxr Business Addross Sisters of Marie ReparatriL 6 Knockrea Laym. Ball1(h Road. Ireland T121018P Audltors & Accountants Quintas Aco)unting Services Irela1 Ltd Certified AccounLqnts Heron House 8lacktMJol Park C(xk Bankors 8ardays WimtrAedon Business Cerntre 8 AlexarKlra Road WimtrAeton LcKKlon SW19 7LA Sollcltors salis1ry Ho Ldon Well LdOn EC2M SPS Investmont Mana A&GBank Avda de la Palmera 27B 41013 Seville Spain Quitter Cheviol Asset Manag8ment One Kingsway LoTrJon WC2B 6AN
Society of Marie Reparatrice Trustee's R The Trustees presenl thew anNal [)rt and finarla1 statements for the year ended 31st Dernber 2024. Hlstory and ba¢kground. The Society of Marie Reparalrice is an intemational Rcnan Calh)li¢ Religious Order. 11 was founded in Slrasbourg France in 1857. The Ger*ralate of the Order moved lo Rome in 1865. The CorKJegation Is divided into a number of indNidual Provinces and RegvJns. at Fxesenl the Cowegation has members in 21 ¢wnlrie$. The sisters came lo England in 1862. The Finanryat Statements 1mpany1r0 this report relate lo activities of the English Region of the Order. Governanco In Canon Law the coegatiOn 1$ g(wemed at intemati1 level ty the Superb)r General and her General Counol in Rome. The General Council we dected every six years at a General Chapter and have overall responsibility for the running of lh8 Cryegation wortdwide. Ttrw in lum appoint Pr0virlavReg10nal Superiors for the different regions where sisters minister. The Superior General vi5ils each Provin¢elRegion at least once during her lemi of office. In 1994 the pYov¥Kes of EJand and IrelarKI fMed one Province for internal administrative purposes. which in 2(M14 became krN)wn as the Regon of Great Britain and Ireland, however they still report separately financial ar¥J rewory pur[ in each Nirisdicilon. The COng9?110n Is governed by ils own Constitution its own ru and regulations. which may be revised by the Gener Chapter, the most rttent of whth look place in Rome in May 2019. r apostolK servKe is ornIted towwds Ihe awakening. uyowlh and deepenino of the lrfe of faith". (Conslitutm 37J In Civil Law the Charity is governed by a Tt Deed dated May 1963 and registered with the Charity Commission (Charity Registration No 233640). In January 1997 the Trust Deed was amended lo extend the geograPhal limits of the Ch8rtties objects to cover the retigicMJs and other charitable works of the English Province. In September 2019 the Charity Comffli5sion &qrKITr0rd a Scheme to alter the existing Trust Deed lo enable the Charity lo make donations to Foreign Prownces of the Congregation. A Corporate Trustee. The Soaety of Marie Repardtrice Trustee Ltd (Company No 10229878) has been appoinled. This Corporate Truslee has fNe Directors. three of we Sisters of the Order. Ihe fourth Director Is Helen Freely Solicitor. the fffth Director is Matthew nCan Soliator. The three Sisters who are Directors of Ihe Cpale Tru51ee e members of the Congregation and have a delailed knoedge of the work of the Charity and ils stmcture. As members of the Charity their living and personal ¢osl$ we borne by the Charity, however they r1ve no remuneration as directors of the Corpcrfale TNslee. Directors of the Corporate Trustee for the ErSh Regh)n are appointed by the Regional Superior. The Directors of the C(ffporate Trustee ¥%tYk dosdy with Ihe Regh)nal Team and they are responsible for the overall m8nagemenl of the Charity. They keep up lo date with legislation pertaining to charities and their obligations and requirements with the help of FKofessv)nal advisors and through attendance al seminars and conferences. The Trustees wish to acknowledge the professionaism and ¢ommitment of all their lay advk8ors and the IndNidual members of the Order. wlN)se dedicalK)n. enthusiasm. and positNe approach is very much q)weclated.
Society of Marie Reparatrice Ttee,$ Re Rlsk Management The Trustees undertake lo identrfy and review the risks lo the Charity is exposed and to ensure that appropriate ¢onlrols are in place to wovth rea30e assuraKe againsl fraud arKI error. Insurance Policies for all known risks are in ple and are revthveil annual. The Trustees an annual l)udget Imth the Gen4 OffKe in Rome, Ihe Global FI Advisor a1 the Charity operates to the Ldget on an arbnual basis. Finanuaf Rec(wds and Data are kept in secure places. The Trustees re¢ognise the absdute ne¢es$ity d ensuring prole¢tion and safety of am those the Charity serves. This mean$ that all sisters who a in any kirnl of ministy in England musl obtain clearance from the Disdosure and Barring serv IDBSI. The Trustees we committed lo implernents'ng all policies and pro¢ethS of the Catholic Safeguding Advisory Seryts (CSAS) The Trustees are continuing the process of dTrscemment in Ing towards the fulure as the Sistws advance In age. Trngtees The names of ihe entities or persons who at any tyne durivJ the finartia year were trustees of the charity are as ft)IIow5: The Society of Marie Reparatrlce Trustee Ltd Objectives The objective of the Charity is the advancement Of Roman cathol religK)n and other charilable works. The charitable works carried out by the m8mbers in the E(lsh Re9ion indude diocesan work. spiritual accompaniment, interfaith work. FKayer groups. bereavement work. and working with refugees and the marginalised. The Charity also has an obli9atk)n to provKle care for ils sisters none of whom have financial resources of their own. The ¢harity assists the adVanceMt ofrdwJiLKts arKI ¢hityM)rks fo) wovin¢es ofthe religious order. The charity also provides finawal suppri to the General Fu1 in Rorne which is used to promote missionary PToiects in AfrTh and South Arneri. Actlvllles Su rt ofmembefs." The Charity has an obligation both legally and morally lo provide care for its members, none of whom have financial resources of their own. All the members have dedicated their lives to the worship of God and the religious and charitable works of the Charty- Worshi and Pra The sisters are gNen the opp)rtunty for wivate worship and to contitwe to deveknp their krw)wledge and trust in Jesus and the Church through limes of quiet prayer. stffj of the Gospel and spiritual development. In addition, the sisters celelnle and pray with the wider o)mmunty induding people of all faiths and none. They do this through the provision of spritual lance or by bery avadable to listen in times of need, through the lebratIon of the Lrturgy fvough prayer groups and churth servus.
S(Kiety of Marie Reparatrice Trustw's R Continuod Dmjcesan Work One sister contiwes as our representative regarding Safewardry. attendiry nalronal meetings. keeping the Trustees infOnrd in followirKJ the pro¢ethTrs for the orgarmsalional Implementat fw relKious orders and the diocese. AJI the sister5 in aclive fflirHsty have enhanc•J D8S dearance. ommuni One Sister continues to collaborate as an Accompani8r arKI Friend of the Community aTrJ participates in various Communily evenls engaging wth people th and %wthr¥Jt leaming disabilities. The Community is expanding. Involvuig many young adults in V(Unteer and pdJpkMxt fo. These events were held virtually slnce March'20. Justice Peace and the Inte of Creation As Trustees we recognise that justice. peace ar the inlegrty of Creation is integral lo living our chari%m of Reparation today at am levels. ILKally. nationally, at parish, diocesan and international levels. Sisters tIcIpate in lalk5, ses5w)ns and conferences a5 a means of keeping alxeasl of current issues and Specif needs. O Sister 1$ a member of JPIC'Links' of the ConfererKe of Religious in Endand and Wales. Another Sister continues to work with r8fugee5 as a vUnteer al a Centre in London offering Conversation and English Classes. One Parish fcffmally registered lo become an EctrC(wegation. Care of the sick and eldefl members Three Slsters continue to be cared fly in C¥e Homes, whKh provKle permanent residential and nursing care. Th8 Sisters are happy there, being able lo fulfil their religious commitment and able to participate at Mass and other services in a beau1rf chapel. aknys open to them for wayer. Their presence in the Care Homes is valued and they receive many requests for prayer. The Sisters visit the other residents of the t1e and pray with them. The sisters conllnue their ministry of accompawng the pIe in the fomier parlsh by telephone and social minislry. One slsler formed a gar(lening dub and the wodu¢e frffli the gwden has vn awards al Ihe local garden fete, while another sister continues her minislry teaching Enlsh lo refugees. Other Sislers visit and accornpany the SisleTS who are in the care of Nursing Homes. Charitable Donations The Charity made the following donat)ns during the ythqf. In both instances these were to assist the recipients with their costs. Liwe Slstws £850 Sl Josephs £3CK)
S(Kiety of Marie Reparatri Trustee's R Continued The Charity promdes fInatal suppxt to rKomote missry woiects in Afra and &MJlh America. The funds allocated t0d$ (wr overseas missK>ns where our sisters w(¥k Ilude. trafficking and abuse of women and children. broken families. people have no meaning in lrfe. those addted lo drugs and athl1, migrants. Tefugees and prisonws. AIDS patients (orphans armj bMdows). the elderly and i501aled, indigenous and rural people, the illiterat8 aThJ the f(ffmalion of younger SK%ters bw'rvJ Fxepared for ministy. The charity ContireS to support the f(Kmation of wr yourwJer sisters in Afr and South America. In 2024 finala1 suppcvt was provided to a rKopct in Rome as follryws: £149,908 was donated to Genwd House in R(Mne lo assBt wth 0vationS necessary to facilitate accommodatlng Sisters atteThJing the General Chapler whKh is being hosted in 2025 by the General House in Rome. Review of Activities Public Benefit Throughout the year the sisters continued with the pers(M)al arKI communty times of prayer and spritual development arKI training. All sisters attend retreals whith provide an opportuntty for renewal and contemplati. The sister5 visit people in hos rA wrsirvJ homes. partiwlarfy the elderly. sick and housebound and pray with them. Very often people only need a IK8len¢ng ear to enable them to carry on. With the dedine in the number of vocal, the avef&3e age of the members of the Regi is irKreasing. The congregation continues to support its ageing tnernbers who have gven their lives lo lh8 objectives of the Charity and now need to be cared f(K. These past yews have been years of chaw in Struclures regarding Safeguarding where our representative has attended national meetings. kewng the Irustees informed v) following the Fxo¢edure towards the new organisational impleMentat)n fc rdigKJUS orders and the diocese thus fostering "One Church" with national standards and putting the dcKument YOardS a Culture of safearding, into practice. Some sisters have attended days of renewal aNI courses wtmch enable them lo develop their ministries and provmle support to others who need it. or who need SOmne to listen lo them. One sister involvgj wilh L'Arthe communty. ¢ontinues to tske part in ¢ommunty actlvit(es tlyjs offering a presence, support arKJ MpanIment to Ihe members both wilh and without lewning di$abllitles.
Soaety of Marie Reparatri Trustee's R Continue AchSevamonts and p•rfomian The Irusiee is satiSfd the perf0mnCe of the ch¥ty during the year as sel out in the Income and ExpenditLKe Account and with its yearénd financaal son as set out in the Balance Sheet. The dWIde corvyegaknon has set up a unli trust to centralise management of the invesknenls of the various regons. The investment strategy for this unit trust known as Bauffe is sel by the General Council based in Rome in conjunction with Ihe Global Fiscal Adviscys A & G Bank and lftve$tmenl Managers Quiltar Cheviol As$el Managers UK. All divideThJs eed fn)m the investments are reinyesled within Ihe unit trust $0 there is no dividend Income receNed by the regon. The regon Th)w receives funds through seling units fn)m the unil trust as quIred. Assgts and liabilltlo9 and flnanclal posltlon The charity is in a strong financial position with signifunt assets al minimal liabilities. These assets wll continue to be applied and invested to 9enefate an in¢LNne to able the ¢harity to ¢onlinue to achieve its charitable objectives_ Prlnclpal rfsks and uncertalnilos The principal risk facirwJ the charity is the fiarlar perforrnance of its portfolio of investments. the income from which is applied to hleVg the objectives of Ihe charty. funds are managed by Quillar Cheviol Asset Managers and A & G Bank. The Tnjstees meei wilh the Managers at least orKe every year and weNe mthIY valuation rep(ts. Ukoly future developments Wth Ihg dedine in the number of vocatN)ns. the averago aGe of the ststers of the charity is increasing. The charity Gonlinues to supwt Fts ageing members who have given thew lives to the objectives of the charity. At the dale of this reprt, there are rThv fNe sisters in the Re( ranging from age 80 to 97. Three sisters continue to live in full time residential care and the costs associated wilh this wdl Continue lo rise in the coming years. On caSn the Regions Of1 congregat1 in tt)e developed w(wld asked by the General Council based In Rome to assisl in funding pyojects of the Conwat1 Africa, South ArTreri¢a or elsewhere. It's likely Ihal a request for funding of such projects will oCr in the flrture. Accounting r•cord$ The Trustees e aware of their resFonsibblities lo maintain proper b(M)ks and records. They have discharged their responsibility thrthjgh the impfementation of necessary licIeS and Eyocedures foT recording transactions, and the sOurc1g of the Regional Bursar %tho has competent arml apFrfopriate accounting and administrative expertise. The accounling records are lo¢aled at Si%lws of Marie Reparalrl¢e. 6 Kno¢krea Lawn. Ballinlough Road. Cork. Ireland. Relevant audit infomiatlon In the case of each of the trustees at the lime thks report is apwoved". so far as each trustee is aware. there is relevant )Unting inf(ffmalion of vthich th8 GharWs accrAJnlanls are unaware. and each twstee has taken all the sleps they OLW to have taken. lo make Ihem9elves aware of any relevant audit information and to establish that the charitls slalutory aJditNs are awwe of that infonnalion.
womulgAl•d by ihe InslKule ol Pi kn trnd. Tho 1rn915 must not apsrn 11 finartlal statem•nts unless ar• 6ati8lled Ihat Ily w#1 f4w Of assets, lablllts. 8nd lwxlitth. f)vKa41 pMRton •rAI hxome aThl exper#uw oftr* chwity to wllh r•awnabl• Sr, Jull• 8u¢k
Society of Marie Reparatlice Trustee's Re ort Chlldrnn support•d by th• Casa Botanla Projact Llma P•ru ChIldr wlth th•lr T•acher In Uganda Orphan chlldrén Supp by th• pr*t In Uganda io
Society of Marie Reparatri T sto0.$ R Glossa Sr. Ter•8a Nolan who teachos Engllsh to Rofu98 Sr. Tara Nolan dandng wlth a rnslthnl of St. Vlncont'• Nurslng Home Plnner Sr. Maureen Peart readlng at mass at SL VlnconV8 Nurslng Homo Plnmr Sr. Maureen Peart Twlth onfr of her aWardlInnIng floral arrang•m•nts li
Society of Marie Reparatrice Ind• ndont Examin•rfs R• rt to Th• Tntste•s of Soci of Mariè Ré rntrice I repjrt to the trustees on my examination of the accounts of the Society of Marie Reparatrice for year ended 31s1 Delember 2024. Responslbllttios and basls of report As the Charity Trustees of the Trust you are responsible for the prep¥alK>n of the accourts in accordance with the requirements of the Charities Act 2011 { Acl.). I report in respect of my examinalion of the Trust's xcounts Carr out uThJer section 145 of the 2011 Act and in ¢arying out my examination I have fcAlowed al Ihe aFfIable directions given by the Chwity Commission under section 1445)(b} of the Act. Indepondenl oxamlnrfs slatom•nl I have completed my examination. I confimi Ihal no material matters have come to my attention in nnect)n with th8 examination giving me cause to bdieve that in any maleriab respect: 1. Accounting records were not kept in respect of the Trust as r8qu¥ed by tIOn 130 of the Act: or 2. The Accounts do not accord with those records.. or 3. The Accounts do not comply with the ar011¢ae wuiremenls ¢orwnlrYJ the fomi and contents of accounts set out in the Charities {Accwnls and Rep(Yts) Regulations 2(KJ8 other than any requirement that the accounts gve a Irue and fair view ¥thtch is not a matter considered as part of an ind8pend8nl examination. I have no corttms, and have come across no other mallers in connection with the examination to whlch attention should be drawn in this report in order lo enatAe a kyoper understanding of the 0nIS lo be reached. a O'mahony s Accounting in ervices Ireland Ltd untanls ouse pool Park Cork 28° Fob 2025 12
SOcty ol Reparatrice Stat tolPln 31¥1 D Unr•trlcl•d R•strkt•d Tot41 Fund8 Fund 2024 2023 Incom• from: Donations and le9a¢ies Deposil interest 111.228 111.228 147.661 1073 1.949 Othw operating iFKome Totsl kn¢offl• 181 4.61 482.730 181.624 664.354 844.425 Expendltur• on: Admirtislr81ion expertses 24,111 17 24.128 29.669 Charilable activlllos 242 345.49_4 Total •xp•ndltur• 149.925 416.134 375.103 N•t (•xp•ndllur•ylb)¢ome 216.521 31.699 248.220 469.262 RK¢)n¢lllallon ol funds Tolal funrjs bll 12.117.479 5.m,957 17.910,436 17,441.174 Tol81 lund5 cll 12.334,000 5.824.656 18.158.656 17.gio.436 The inc(Nne and expendblwe accjjunt knxludE BU gans a1 I$8$ fe¢oWsed the periods. The financld stèlemenls were apwoved by Il irustees 28kn Februwy 3)25 and strJned on ils behall by Sr. Julie Buckley t10r01 The sletY ol M¥1• RVralre Trysi(R LW Sr. Stephanie Coughlan Lknlor ol Th& $(tlY tsl Marie Repare Trust¢9 Ltd The notos on pago$ 16 to 21 fomi part of the¥• Ilnandal $lal¢ments
50¢ty of Mar Repartlrice Sh••t ag 311 202 D•c'24 D•¢23 FIX A•s•ts Tangble Assets Fina181 Assets 10 17 17.878.560 17.703.780 Cuffwt A¥$•ls D•btW8 11 Cash bank avKI in harKI 294.753 220.973 Crnrfilors.. 4mourts faming due wilhkn one y•ar 12 Net Current assets Total aSS•ts18 ¢urth 18.158.6S6 17.910.438 Cfedilors: afflounls fallin9 due aftw more than one year A8sel$ Chadty Fund¥ Re6lricled FuThYs 5.824.656 6.792,957 unrestred FuThJs 47 These financial slalwnerts were apwo¥ed ty trus on 28th Februwy 2025 a)d si on hs behalf by Sr. Jullo Bu¢kl•y Ce¢I ofTh Socty of Marf R¢p¥K¢ Trwtefr Lbj Sr. St•phanl• Coughlan tr ofTho Siety ol MarR Reparatr¢ TwstO9 Lld Tho notes on p•g•• 16 to 21 f4ffi1 part ot th•v fm•n¢ia statem 14
Society of Marie Reparatrice SL*emenl of Cash Flows endod 31" DecemboT 2024 Dec'24 D•c'23 Cash flows from operatlng a¢tlvftles Surpluslldeficit} for the year 248.220 469,262 IncreaseYdecrease> in ueditors 340 410 (Increase)ide¢rease in debtors Realise(I (Gains) I losses for the year (1.626) 703 Unrealised (ga1)OSSeS fcy the year (548.311) 1695,598) Nel cash irrfk)vA (used in) operating actpiitss (301.377) {225,223) Cash flows from Invesllng actlvltl Procee(Js from sale of assets 439.291 351,030 Financing of asset purchase 164.134) (83,210) In¢reasellde(xease> in cash for the year 73,780 42,597 Net InCr•ase1{drO8so) in cash and cash equlvalents 73.780 42.597 Cash and cash equlvalents at beglnnlng of year 220.973 178,376 Cash and cash •qulvahnts at end of year 294,753 220,973 15
Society of Marie Reparatrice Not to tho Financlal Statemen18 ar ended 311 mbor 2024 1. General Infomiallon The S¢xiefy of Marie Rep8ratri¢e is an international ROM Cathol Religious Order. governed by the Order's Superior General and General Ccrtjnul based in Rome. These Financial Statements relate to the Order's English Regh)n. which is a registered charity with the UK Ch¥ity Relat. The Order is govemed by its Constitution. 2. Stm¢nt of ¢ompliance These financial Statements have been wepared kn comkliance wrth FRS 102. The Firwicial Reporting Siandard al¢able in the UK and Rewi1 of IrelaThl'. 3. Accountlng pollcl•s and m•a5ur•mgnl basos Bas1$ of proparalion The financial stalernents have been prepare(S on a Lxrn baw and in aarKe with the histori¢al ¢osl nVentIOn aryj the Firwicial RekIng Starmlard 102 issued by the FInarla1 Reporting C(MJncil. The finanal statements are prepared in SterfirrfJ. is the lutiC currency of the entity. Incom• Rocognition The Charity does not partIpate in any Fundraisi•YJ AclNitw. Oth¥ income recogni5ed as follows. nsion I The Charrty receives the pension Irne ol the sisters attached to the Order. This is COgnised as a donalion of penslon income in the year in which it is received. cies and Donations Income from Legacies is recognlsed in the year in which it is received by the Charity from the re$p8Ctive Estate, not in the year of death. Irme from Donations and Gifts are recogni5ed on a cash receipts basls. thvidend 2nd osil Income Dividend and Deposit Income is recognwl in the year in whth the Charity becomes entild to the beneffit of Sam8. 16
Society of Marie Reparatri Notes to the Flnanclal mbor 2024 Contlnued Expenditure Expendiiure is recognised on an accrn basis and indudes attrilwlablo VAT whh cannot be recovered. Cash and Cash Equlvalents Cash and cash equivalents indude ¢ash t)n hand. demarKI deposits and SI term highly liquid inve$lmenls. Debtors and Receivables Debtors and receivables we dassifd as current assets rf paymenl can be called upon ¥thin one yw or18SS. Cr•dltors and Accruals Creditors and accruals we classified as cwrenl lthilities rf payment can b8 called upon within one year or less. Taxatlon Society of Mari8 Reparatrice is a registered ctsity 1¢h Charity Commission ar¥J Inland Revenue and exempt fr1 taxation on its aclivity. Tarbglble assets Tangible assets are initially recorded at cost and We subsewerfy staled at cost less any accumulated deprectation * impairment losses. Any tangible assets carried al revalued amounts are rec(xded al fv fair value at the date of revaluation less any subsequent accumulated depreciation subsequent accumulaled impairment losses. An increase or decrease in the carying amount of an assel a5 a result of a revalUatn. Is reLX)gnised in income & expenditure and accumulated reserves. Dèprgciatlon Depreciation is calculated so as to vrrite off the ¢osl ¢y vdualK)n of an asset. less its residual value, over the useful economic life of that asset. If there is an indication that there has a signifan1 e in depreciation rate. useful lrfe or residual value of langible assets, the depreaation is revised prospthdy to refiect Ihe new estimates. FlnanGFal assets Financial assets are initially recorded at Cost. arwj subsequenty stated at market value with changes to market value being recognised in income atKI expeThdilure. 17
S(Kiety of Marie Reparatrice es to the Flnanclal Statwn¢nts r ond¢d 311 Do¢wnbw 2024 Contlnu Income from Donatlons Dec'24 Doc'23 Unr05tr1cted Sisters pension donations 46.994 45.208 Legac$ and ollw {Jat 111.228 147.861 tri Legacies aNI other •JallonS Other income Oth•r operating income DK'24 D8c'23 Unrestrlcted Profitlllossl on disposal of pror UealISed gainsmiosses) on Theslments Realised gainsmlossesl on di5[al of inv8slments 369,705 467.7C (1,3841 1,803 Foreign exchanp gainsmlosses) 112 65 368,433 469,444 R•strlct•d Unrealised gairtsKlosses) OTr investments 178,606 227,8W2 Realised gainsYlo$sesl on dis c4 investments 3,010 12,506) Foreign exchange gainsmiosses) 15 181.620 225.371 18
Society of Marie Reparatrice Notes lo the Financlal Stalements 11t D0¢0mb 2024 Confjnu Administration Expondltur• 0.24 D,23 Council tsxes Insurance Repairs and maintenance Print. Post & stanary Telephone Motor and travelling expense5 Legal and Profes$ionJ lees Accountancy Fee5 Bank Charges Sundry Expenses Subscriptions 1.283 2,005 1,252 2,005 154 1,739 1,373 7,975 13,592 25 2,266 1.382 3.145 13.081 17 233 716 24,128 953 29,669 In 2024 £17 (2023: £251 of the Administralion Expenditure TKdS from Restricted Fund$ Exp•ndltur• on Charitable Actlvllles Dec'24 Dec'23 Contribution to the missions contr11lion to Communities Alms and donations Residential and care h)me t>)sts Rent of aCcOmndaIl0n 149,908 7,000 1,150 219,680 114,580 13.000 920 203,134 392,006 345.494 In 2024 £149.908 {2023: £114,580) of the Expenditure on Charitable Activities was from Restrkted Funds Taxation The Charity is a Registered Chwity with the Charity Commlssion (Reg No 2336401. It is exempl from laxalion on Income and Gains. 19
Society of Marie Reparatri Notes to tho Flnandal Statmnts ondod 31" Decem 2024 Contlnu•d Tangible assots Freehold Proporty Total Cost Al 1 st Janu 2024 DisrM)sals At 3181 O•c•mber 2024 Depreclatlon At 1st Janu 2024 and 31st Dec•mbw 2024 Carrying amount At 31st Do¢•mbor 2024 At 31st Dember 2023 10. Flnanclal assets Inv•stm•nts Cost At 1st JarMJary 2024 Additions Disposals Revaluations 17.703.781 17.703,781 64.134 64,134 1437.666) (437,666) $48,311 548.311 At 31st Doc•mber 2024 17,878,560 17.878,560 Provision for diminutlon in value At 1st January 2024 and 31st Decembor 2024 Carrying amount At 31st Decombor 2024 17.878.560 17.878,560 At 31st December 2023 17,703,780 17,703.780 11. Debtor5 Doc'24 D•c .23 Other debtors 20
Society of Marie Reparatrice Notes to the Flnanclal StatMnts 0¥ ond¢d 31¥t D•¢ombor 2024 Continugd 12. Crodltors: Thunts falllng due wlthln OM y•ar D•¢ .24 Dec ?3 Accruals 14,657 14,317 13. Analysis of net assets betythn funds R•stricted Urbreslrict8d Funds Funds Total Funds Financial Assels Current Assets Curr1 Liabilrti8S Tolal S.823.749 907 12,054,811 293,846 17,878,560 294.753 Restricted Funds are specifvlly set aside for maknng d(Ywtions lo Ihe Charity Miss)ns in Afra, South America arml elsewhere. 14. Post balance shoat •vents There were no signifirant events affeclirwJ the charity ¥yhich hav8 taken FAace since the erKJ of financial year. 15. Comml¢meDts and contlnggTrt Ilabllftles As al 31* December 2024, Ihere are no commitments or ntIngent liabilities 16. Rglatgd party transactlons During the year the Charity paid £14.268 (2023 £13.860) to James Duncan & Anne Christine rthur in respect of rent for a flat in whh Sr Joan McGuine5s lives, Sr Joa McGuiness and Anne Christine McArthur are sisters. The flat is rented on a fully commercial basis and a forn lease is in fv. 17. Approval of financlal sLitements The Iru$lee$ approved these fInaOIS1alernenl5 for issue on 28th February 2028 21