BFCD
Congregation of the Mission - The Vincentian Fathers
Annual Report and Audited Financial Statements
for the financial year ended 31 December 2024
Charity Number.. 2003777

Congregation of the Mission - The Vincentian Fathèrs
CONTENTS
Page
Trustees, and Other Information
Trustees, Report
ststement of Trustees. Responsibilities
Independent Auditorfs Rewrt
8-10
statement of Financial Activities
11
Balance Sheet
12
Notes lo the Financial Statements
13-18

Congregation of the Mission - The Vincentian Fathers
TRUSTEES. AND OTHER INFORMATION
Tru8t¢¢J
Raymond Amstrowj
Eugene Curran
Chinedv Enuh
steph￿ Monaghan
Sup•rlor
Pas(￿ Scallon
Charlty Numb•r in En9l•nd and Wales
233777
Audltors
BFCD
Chartèrad A¢c(MJntants arKI Statlrtory Auditors
1 Casuew￿l Av•n
Rathmines
Dublin 6
Prfncipal Bankern
HSBC
Bank of Irdar
Solicitor¥
Carter Lemon Camgrons LLP
In¥¢slJnent Manager
Dawy st￿kbroktrs

Congregation of the Mission - The Vincentian Father8
TRUSTEES. REPORT
for the finanoal year ended 31 December2024
The trust￿8 wewt their TNstees' Report aNJ the autAled finanoal stateFrents for the financral y•ar eNJed 31
D8¢&mber 2024.
The financial $tatemtrnts are prepaied in ￿tor￿arKe with the Charibes Act 2011. FRS 102 ￿he Financ¢al Reporting
Standard applicable irb the UK and Republic of Irdand" and Accounting and Reporbng by Charilie5'. Slalernent ol
Recommended Pracli¢e applicable to chanties preparing tr*ir financaal statements in accord8rKe wrth the Financial
Reporting Standard alw[￿ble in the UK Re￿bI￿ of Ir*nd IFRS 102).
The Tnjslees. Report ¢￿taInS the information reqtjiied to be prOV￿d in the Trustee$. Annual Report under the
Statement of Recommen(led Practice ISORPI guid¢ling5. The twslees of the cha(ity are also Charity tnjstees for the
purpose of charity18w arHI under the chartys ¢onstrtub"on are kncvffl as member5 of the board oftrusiees.
In this report the trustees of Congregation of the mtssl￿- The VwKentian Fathers pr•s8nt a sumrnary of its purpose.
govemance, activities, a¢hievements and finar￿S for the financial year 31 D￿ember 2024.
The charity is a registered charity and atthough not oblwed to crynpty with the Ststement of Recommended Practice
appli¢able in Ihe UK and Republic gf Iieland FRS 102. the organisab.on ha8 im￿eMented its racomm¢rKlatiiTh where
relevant in these finan￿￿ statements.
MlssSon, ObJ8¢tS¥•8 #nd Strategy
ObJectlv••
The pri￿1paI objective of the Charrty is to carry out CharIta￿e worts connected vith the CongregatK)n of the Mission
and forthe advancement ol the Roman Cathoh'c R￿￿10n. The Trust￿ confirm that they have referred lo the gU￿ance
contsinéd in Ihe Charity Commission's general ￿ldan￿ on PLtblK benefit when rev￿Ing Ihè Trust's aims and
objeth.ves and in planning ftrture a¢￿V￿e5.
Stru¢tur¢, Governance and Management
Structure
The Charity is adrninistered byTnJ$t8es consi%t of the Provi￿1•1 Superior {also known a$ Ihe V￿ltor0[.Pr0VinC1aIj
of the Congregation of the Mission in England - an ex Offi￿ Twustee - and not more than five arml not less than tsyo
other Trustees appointed by the Provinoal sUpw(￿ to hokl office for lrfe. The Provinual Superior is appointed for a
period of six years to govem the Province oflhe c0rpjregatic￿. This temi ofoffice may be extended for a period ot three
yeaTS. The Pfovincial may not serve MO￿ than nine consecutive years in office. The Province include5 commLtnrttes in
England, Northem Ireland and the Republic of Irdand. Ml ofthe Trust•8s fflusl be members of the Con9regation of the
Mission. The TnJstee$ who h8ve served thjring the ye8r are set ojt C￿ p•> 3 to tr* Firsancial Statements.
Govgrnance
Thè Congregation ofthe miss1￿ ts ¥ ￿￿￿th¥1de commuThty of priests and twothers in the Roman cathol￿ Chuvch. The
Congregation was foundeil by St. Vincenl de Paul in 1625. Th? Congregation of the Mission in England, Wales and
Northern Ifeland is cr￿￿mOnty called the VTrncentian Fathers. Thè Congregabon is a registered charity - Registration
Number 233777- which was e$la￿lShe<l and is regulated by a Trust Deed made on 3rd October 1958. On the 21 st July
1980 the Charrty Commissioners for England and Wales esta￿l$hed a Scherne for the Administration and Management
ofthe Charity. A further Scheme for the Admini5traDon wtd Managemènt of the Charity was established and approved
by thtr Charity Commissk)n¢rs on the 7th May 1998.
R•¥iew of Activities, Aehie¥ements and Pèrfonnance
Durin9 2024. rnembefs of the CoThJregation ol tIE MI&81￿ workiwj in tr* United Kingdom liv￿ in fvKJ separatè
Communrt￿¥. one in London and one in Bellast in Northèm Ireland.
In Septèmter 2023 the diocese of ￿￿tr￿Inster3pF4)int8d theTru5t to undertake ihe running ofa parish near ourcurrenl
parish in Mill Hill for a period of three years. This parish. the Church of the Annu￿atiOn, Bumt Oak, is served by
mem￿r5 of the Congregats"on. A revw ol this ministry ￿11 take ￿8C• in eaFty 2026.
Working in thè parishes consists of Ihe pa6toral Ca￿ of people in these areas of noth London. In these parishes the
members ofthe Congregation woth do5ety wrth parishic¥)ers to animate the faith community in its care and to enhance
the lives of ihe parishioners a5 8 whole through a range of activ￿"e$ whth include.. youlh work, outreach to eld8tly and
Infirn, care of p&)ple experierKitvJ disa(fvantsge and econ(xnic hardship.
During 2024 the construcb.on of the new wesbylery {communty residen￿} at Sattod Heart and Mary Immaculate
Parish in Mill Hill was completed, wrth Ihe membèrs of the Vincentian Community attathed lo Mill Hill mtiving in shordy
after Easter. The new house was formalty opened by His Eminence. th• Cardinal Archkn"shop of Westminster. Vincent
Nichc4s and the su￿rIOr G¢neral ofthe Vlwtian CommLmty. Fr Tomat Mavric CM. in September 2024.
Other memtets ofthe Con
ation livin
and workin
in fowrn an'lntematKJnal Communi
', so ¢alled because

Congregation of the Mlssion - The Vincentian Fathers
TRUSTEES. REPORT
for the finanual year ended 31 DecwDbeT 2024
some of them a￿ drawn from other Provinces of the C¢Jwr8gaiw around the worfd. During 2024 thi5 community
moved to the new presbyt¢ry in Mill Hill. From here the members provKle Cha￿aIncY Se￿ti$ to immigrant communities
which have ojme to Britain EthKJpia aThJ ￿ PhdipF¥n•s.
This communty is also engaged in spiritual 9uidance lo relbJicrtJs Sisters who Sha￿ in the vIr￿￿tian charism of$$rvice
to the poor. They also work in conduth"n9 swrrtual retreats. Other m•mL* are chaplains to hospitals.
Additionally our members Strive to be available to a range of other charit￿9 whth share in the Vincentian charism as
8nimator5 and spiritual guides. These indude the Daughtsrs ofcharity of St. Vincent de Paul. the Sctiety ofst. Vincent
de Paul, Depaul IntematK)nal. Fam Vin GB aThJ th& VOk￿rtee￿ W).
Financial Revl
The results for the finanoal year are set out on pagè 11 arKI addIt￿)nal notes are provided 8howiThJ income and
expenditure in greater detail.
Income
Unrestricted income in the year amunled to £3C8.343 whiGh was a simlar figure to 2023. Reslricted iw)me in 2024
W88 £13.646 compared with £285.236 receNed from a bequest in 2023.
Exponditu
Ex￿ndItUre on Charitab￿ act￿￿"e5 increased frc¥m £423,281 in 2023 10 £623,lJ)1. Depreriabon on the new prèsbytery
al Mill Hill COMM￿Cerf in 2024 which was Ihe prinopal rèasLM) lor this irwease. Donation expenditu￿ decreased Irorn
£823,781 in 2023 10 £13.951. A donation to the Irish Region of the Congregation of the Mission amounted to £95.667
as compared with £815.940 in 2023_
Almost thè entire ofthe investmènt FK)rtldio was sdd in 21Y24. Durir¥J the year realisad and unreJised losses amounted
10 £4,83412023- gains £70,804).
Results and Dividends
At the end ofthe financsal yearthè d)•rity has assets of £5.040.04012023- £5.395.783} 8nd liatm'lities of£95,39912023
- £27,98n. The net assets of the d)anty have d￿leaSed by £1423.155}.
Flnanclal Position
As a result ol foregoing. there wa$ a fiel expenditure in Ihe year of £423,84112023- £878.980). At 31st D¢cgmber
2024 the Charivs unrestricted reservès affK)unted to £4.$80,58312023- £5.(*)4,4241.
Reserv•s Position and Pollcy
Total reserves at the 315t December 2024 amwnt to £4,944.641. Trustees arè s*isfied that the current level ol
rese￿e$ is adequate to suFyorl the members ol the ￿gregatth ¥ThJ for ￿VeStment in deveknping existing and new
projects and ministri•s.
Compliance Sector-wide Legislation and StsndanlB
Th&charity engages pro-act￿&￿ legislati￿, starwJard8 a￿1 codes are developed forthè sector. Congregalion
ofthe Mission - The vI￿entian Fathers subscribes to and is compl*nt wrth th& fdlowing..
Th& Chariti&% SORP {FRS 102)
Safeguardlng
The Trust employees a lay professHJnal Worker to tske on the rde of Safe9LArding Manager and Deslgnated
Liaison Pe￿on was appointed. At every meeting of the TrustVS safegLsardir¥J is discussed and a rep(irt given by the
Safeguarding Manager on work undertaken sin¢e the last meeling.
Each year every Communty completes a Safeguarding self-audit. FdbwiThJ an anaty￿s of these a￿￿11$ utvjertaken by
the Safeguarding Manager any gaps are identrfied and feffli part of the Safeguarding Strategic plan for the year ahead.
Mernbers engaged in parishes are 94ven regular traFnin9 offered by the di￿an authorities. Members have specthc
safeguarding roles ￿thin Ihe Chanty liaise regulaty their di￿o$an ¢ounterparts.
Investmènt Policy
The Assets of the Chaiity are comprised of prOpe￿"e$. quoted secJJrilie$ and bank balances. The prinapal investment
fvnds are manage(l on behaifof the Charrty by professional fund rnan￿erS. The portfolio is managed on a discrelKJnary
basi5, With a balanced investment pcAi¢y and a cautious attrtude to risk.
It is the policy of the Charity to use income eam•Y on the invèstment portfolio t(Mar(Is the objects of Ihe Charity. It i
also the policy lo Ireat gains from investment disposals as caprtd receipts atwj to re-invest ihese gains in ihe investmonl
porifdio to generate further in￿me.

Congregation of the Mission - Th• Vincentian Fathers
TRUSTEES, REPORT
loi the finanaal year ended 31 tknber 2024
Risk Management
The Trustees have conducted a review of the major risks to whth the Charrty is exposed. A risk règister has been
established and is updated at least annualty. whe￿ appropriate. system5 or prwedures have teen èstablished to
mitigate thè ri$k$ the Charity laces. The Trustees are Unawa￿ of any signfficant extemal risks. Inlemal contrd risk5 are
minimi5ed by the imp1emeniat￿l of proce(lure$ for airthorisalion of all tranwtwJns and projects.
Deslgnat•d Funds
The funds of the Chanty irKlude the folowing d&swJn•ted vthic* have been s&t ashye wl of unrestricted reserves
by the Trustees fof $wtsfi¢ purposes..
The fangible fixed asset fijnd represents the net value of the Charity's tangl￿e ft(ed a55els used for the support
of the members and their ministy. These fvnds are Separat￿ general fiJnd in recognition of the fact that the
gssets 8re used in the day to (lay w(Kk of the charity and the fund value would not be ￿aliSabl￿ èasily if required.
Approved by the Board of Trustoes on 20 October 2025 and •191￿d on Its behalf by:
Paschal Seall¢n
Trust••
Steph•n PAonagh•n
Trust••

Congregation of the Mission - The Vincentian Fathers
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the finanaal year trnded 31 December 2024
The trustees are responsib￿ for preparing the finanaal statements in arrnrdarKe wih appliCa￿e law and r8gulations.
The law applicable to charthes in England and Wa￿$ requires the twstèès to prepare financial statements for each
flnanci81 year which give a true and fair ol the assets. Ikgh'lth'es and finanual posth.on of the charity as at the
ffinancial year end date and of the su￿uS or dthjt ofthe tharity otherwise compty wrth the Charitie5 Act 2011.
In preparing these finanaal statements. the trustees are reqvwed to..
58lect suitable accounting pol￿e$ and appty thern o)nsistently'.
make judgements and accounting eskn"matÈs Ihat are reasonable and prudent".
state whether the financial statements have been prepared in actordance with applicable ac¢ounlrng 8tsndaTds,
identrfy those standards. and note the effect and the reasons for any material departure frrmn those standards." and
preparè the financial statements on thè LM)iThJ (x)fKem basis unless it is inappropn.ate to wesume that the charity
11 continue in operatyon.
The tnjstees confirm that they have complied with thè atrtw$ r￿ul[ements in weparing the finanfial Statemènts.
The tWStees are ￿SP￿sIble fty keeyng adg]uate accounb.ng récords that are SUff￿'ent to shvAf and explain the
charity's transactions and disc105e vrith re850nable atturacy at any b.mè the ffinanckql position of the charity and enabl&
them to ensure that the financial staterr*nts comply with the Ch8filie5 Act 2011. They are also responsible for
safeguarding the assets of the charity and hence for taking rèasonabbp steps for the prevention and deteth.on of fraud
and othw irregulariti'es.
Appr¢>ved the Board of Tn*t¢¢8 ¢Jn 20 Octobw 2025 and $10n￿ on its behalf by:
Pasehal S¢8llon
Trustèè
Stephen PAonaghan
Trustee

INDEPENDENT AUDITOR'S REPORT
to the Trustees of Congregation of the Mission - The Vineentian Fathers
R•port on tho audit ofthe fin•ncial statsm•nts
Ownlon
We have audited the charity financtal ststement5 of Congregation ofthe Mission- The Ifincenlian Fathers fthe charity)
forthe finan¢ial year ended 31 December 2024 whKh cornprise Ihe Statement of Financial Activities, the Balance Shèèt
and notés to the financial statements. in¢ludiThJ the suThwnary of signikant accounting polk>es set out in note 2. The
finanrial reporting framewoth that has been applied in their preparation is applicable law and United ltingdom
Accounting Standards. inclLwJing FRS 102 The Financial Reporting Standard applicable tn the UK and Republic ol
I￿13nd., applying Sed￿n 1A ol that Standard and Accounting and Reporting by Chariti"$s." Ststement ofRecommended
Practicè applicabb io chaiilies preparing th￿"r atxwnts in ￿)rdar￿* wilh FRS 102.
In our opinion, when reFQrtiThJ in accorda￿ wth a fair presentat*)n frame•th thè finanrial statemenls..
givè a true and fair of the stat• oftt* ¢han￿3 affair5 a5 at 31 Oecember 2024 and of it5 deficit forthe financial
year Ihen ended..
have been propèrfy prepared in accordance with Untted KIn￿y0M Generally Accepted A￿L￿ntIng Pwtice.. and
have been prepared in accordance wth Ihe requirements ofthe Charities Act 2011.
8¥¥is for opini
We conducted our autht in ￿COrd0nce wrth Intemational Standards on Auditing (UK) IISAS (UKII and applica￿? law.
Our responsibilities undef those Standards are furlher des￿￿ in the Auditorfs responsibilities for the 8(Klil of the
fina￿la1 slatements seth.on of our report. We are inde￿ndent ol the charity in accordance with ethical requirements
Ihal a￿ relevant to our audit ol the finanryal statements in the UK, including the FRC'S Eth￿1 Standard. and the
Provisions Available for Audits of Small Entrbes. in the animstances set wt in Note 3 to the finatKial slalemtrnt5. and
we have fulfilled our other ethical responwbilthes in accor(Jance wrth these wu1￿Ments. W• btrl*ve that the audit
evidence we have obtained is suffKienl and appropriate to provide a basis for our op1"n￿n.
Con¢luslons relatSng to 905ny concem
In auditing the finanaal statements. we have conduded that ts trustees. use ofthe goin9 c¢ncem basis ofaccA)unting
in the preparalwm of the finowKi81 stalements is approwth.
88sed on the work we have pthrmed. we have not identrf*d any malerial uncertaint￿9 relating to events or¢ondrtions
that, indNidually or collectNety. may cast S￿n￿Kant doubt ￿ the chaiity's abs'lty to conb.nue as 8 going concem for a
period of * least ￿efve months from dale when the financial statements are authorised for issue.
Our responsibilrt]"es and the resp0nsits1￿.•s of ￿ tsuslees t•hth r8sp8d lo g¢yng corKem are described in the ￿leVant
sections of this re
other Inlom•tion
The other infomab.on c(Mnprises the infomiakn induded in the annLbal report other than the financial statements aThJ
our Auditoes ReKK)rt thereon. The trustees are re$r*Y￿Ib1e for the other irrformalion conlained wrthin the annual report.
Our opinion on the financial statemenis does Th)t cover the other inlorniab.on and, except to the extent otherwise
explicitty ststed in our report, we do rLJt eXp￿sS any form of assurarKe condusion th&reM.
Our responsibility is to read the other informat*)n aThJ. in t1ow)g so. consider ¥thet￿r th& other infornation is mat•rialty
inconsistent wrfh the financial statemen15 or OUT knowfedge obtained in the course of the atjdil. or othetwise appears to
be materially misstated. Ifwe Klentrfy s￿h rnaterial inconsistenues orapparent material mi5staterT￿ts, we are required
to detemiine whether this gsves rise to a malenal misstatement in the finar￿la1 statements themselves. If, based on the
work we have perfOr[T￿l. we condude that tr￿[e is a material misststement of this other information, we are required
lo report that fact. W¢ have nothing to reE*￿t in trus regard.
Matt•rn ¢>n whlch we arn r•qulred to report by txeeptron
In thè light of our knowledge and understanding of the charTty aThJ its w)vironment obtained in the COUTse of the audit,
we have not id8ntified malerial mi55taternents in Ihe Trust•e5' Rep(yt.
We have nothing to report in re$pect ofthe fo1￿1n9 fflatters where th• ChaiilEs 2011 raqui￿$ us to report to you
if. in our opinion..
adequate accounting recDrds have not been kept," or
thè financial statements are not in agreement with the accounkn"th3 reoyds and retums: or
certain di5¢10sures of tnJstee5' remuneration specffied by law are ntst made.. or
the trustees were nol entitléd tts prepaie Ihe finanryal Statements in ￿￿rdance wtth the srnall companie$ regime
and take advantage of the small companies, exempb.on in preparing Ihè Trustees. Annual Repwt.

INDEPENDENT AUDITOR'S REPORT
to tho Trustees of Congregation of the Mission - The Vincentian Fathers
Responslbiliti•• of trustees for the financlal ststgmgrts
As explained morè lully in the Statement ol Tru5tees' Re$kM)nsit¥lities set out on pag¢ 7, the trustees are responsiblg
for the preparation of thè fin8nryal statements and for b*"ng Satsfied that they gNe a true and fair view. and for s¢Jch
internal control as they determine 15 necessary to enable the preparalion of finar￿la1 statements th818re free from
material rn4SStatement, W￿tha1 due to frwd or eThor.
In p￿paring the finarrial statemènts. the trustees a￿ respy)ns￿jIt for asse5sirKJ the tharity's ability to ¢onlinue as a
going conGem. discfosing. as appI￿l￿e. matters related to g¢ing ¢orKem and using the going coneem basi5 of
accounting unle55 management ether intends to liquidate the chanty or lo cease operations. cw has no realistic
aliematwg but to do so.
Audltorfs r•8pon¥ibilities for the audit of the financial gtstem•nts
Our obpctNes are lo obtain reasonabbè assurance about whether the firt8ncaal statements as a whole are free fron7
material misstatement. whether due to fraud or error. and to issue an Audrtorfs Report that indudes tsur gtxnion.
Reasonable assurance is a high level ol assurance. tr￿rt is Th)t a guarantee that an audrt conducted in accordance with
ISAS IUKI wll a￿ayS detect a material misststefflent when it exists. Misstatements can arise from fraud or ernor and
are considered material rf. indNidualty or in the aggre9ate. they could reascffiat4y be expected to inffluerKe the economi¢
deu$ions of users taken on the basis of these financial slatements.
lttagubribes. including fraud, aro instarKes of ￿￿-cOMplI8n¢e with I￿S and wulation$. We design procedures in line
th our responsibilities, tsjtlined above. to detect material mi5Statements in reswct of irregularities. includ*ig fraud.
The extent tts whith our prctedures are Ca￿b￿ ol detecting irwUlant￿. ￿￿udIng fraud is detaj.led below..
Furthor Infonnation regarding the scope of our rnspon¥ibilities as auditor
A5 part of an audit in ac¢ordance vthh ISAS (UK), we exerclse professional judgement and maintain professional
$¢epti¢isrn Ihroughout the audrt. We ￿$0..
Identify and assess the risks of rnateria misstatem￿1 of Ihe fin￿￿al statements. vtheiher due to fraud or error,
design and perlomi audit Pr￿ed￿￿$ ￿spOn$￿t to risks. and obtain audrt eviderKe that is sufficient and
appropriate to provide a basis for our o￿n￿sn. The risk ol not detediNJ a material misstatement ￿￿UltIng trorn fraLsd
is higher than for onè resutting from error, a$ fraud may nivolve rxJlkJsh)n. forgery, tnttrnlional omissions,
misrepresentstions, or Ihe override of inlemal contrL4.
Obtain an understanding of intÈm81 C￿trol relevant to the audrt in order to design audit proc8dur&s that are
appropriat¢ in the Circumsta￿$, lyjt not for thè puw of expressing 8n owion on the effectiveness of the
charity's intem81 control.
Evaluate the appropriateness of ar*)wnting ￿￿￿1&$ used and the reaSona1)lene￿ of accounting estimates and
Telaled disdosures made by InJstÈe$.
Conclude on the appropriateness of the Injslees. use of going concem basis of 8￿0￿ntIng and, based on the
audrt evidence obtained, whether a matefial uncertainty exists related lo events or t￿ditIOnS that may cast
Sl9niknnl doubt on the ¢harity's abilty to conlirbue as a going concem. If we ￿ndUde Ihat a material Un￿rtaInty
exists, Wè are reqUI￿d to draw attenlion in tyjr ALbJrtorfs ReFQrt to the related disdosures in the financial statement5
or, if such disclosures are inadequate. to nwjdify our opinion. O*Jr Condu￿or￿ a￿ based on the audit evidence
obtainèd up lo the date ofourAuditorf8 Report. fithjre events or ¢orKliDons may causè the charity lo ceasè
to continue as a going concem.
Evaluate the ￿erall presentation, slructure and content of Ihe fmartial statements. induding the disclosu￿$, and
whether the finanual statements rèpresent the undertyin9 tsansacbons and èvgrits in a manner tho1 xhieves fair
presentation.

INDEPENDENT AUDITOR'S REPORT
to the Trustees of Congregation of the Mission - The Vincentian Fathers
W8 G(Mnmunicate with those tharged ¥￿th govemance regarding, amoThJ other matters. the ￿anned scope and timing
of the audit and signifjcant audrt firKlings. including any signifKant de￿ier￿leS in intemal conlrol that we identify during
our audit.
The Purpo￿ ol our •udit work and to Tfvthom ￿ owe our responsibiliiles
This reFX)rt is made solely to the charitys Irustees. as a bocty. in accordance wth th¢ Charibe5 Act 2011. Ouraudrt work
has been undertaken so that we might stste to thè charitys trustees those mattets we are required to state to them in
an auditorfs rew1 and ft)r no other puw. To the fullesl extent pem)itted by law, we do not acwt or assuma
responsibility to anyone other than the chanty and the d)arrtl$ tW5tees as a body. for our audrt work. for this report, or
for the ownions we have fomw.
Dara O Gaora
For and on behalf of
BFCD
Chartered A¢xountarts and Statutory Audito
1 Castlewoc¢Y Avenue
Rathmines
Dublin 6
24 Octo￿r 2025
10

Congregation of the Mission - The Vincentian Fathers
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 December 2024
Unrestricted R•strietsd
Funds
Fund•
2024
2024
Tot¥l Unrestrict&J Restrictad
Fund¥
Funds
Funds
2024
2023
2023
Total
Funds
2023
Incoming Resoure•8
Donations and legacies
Charitable acb'vf(ies
Salartg$, Pensio￿ and
Similar Income
Invèslments
Other income
13.646
13.646
285,236
288.836
290.074
290,074
284.268
284,268
5.255
14.014
5,2SS
14.014
3,¢X)3
18.146
3,003
18.146
Total income
309.343
13.646
322.9B9
309.017
285,238
594.253
RgsourceB Expended
Raising fvnds
Ch8trtable activities
Other expenditure
1,398
623,001
103,951
1.398
623.001
116.911
11.739
423.281
823.781
11.739
423,281
830,981
12,960
7,200
Total Resources Exp•nd•d
728,350
12.960
741.310 1.258.801
7,2￿ 1,266,001
Nel gainslllossesl on
Inve$trrwts
14,834)
14.8341
70.804
70,804
N•t in¢omingloutgoing
r•sour¢g¥ before transfers
1423,841)
1423.1551 {878.9BOI
278,038
1600,9441
Transfers bett¥een lunds
Nèt movernent in funds for
thè finan¢ial year
1423,a411
1423.1551 (878.9801
278,038
1600,9441
R•¢on¢lllatlon of funds:
Total lunds Winning of the
year
16 5.1)04.424
363.372 S,367.796 5,883,404
85,336 S.968,740
Total fvnds at the end of
th¢ ygar
4,580,583
364.058 4,944.641 5,CQ4,424
363.372 5.367,796
The Ststement of Financi￿ Activth"es indudes all gains and h)ssès re¢I>3n￿ed in the ffina￿al year.
All income and expenditure ielates to coniinuing activrfies.
notes on pages 13 10 I810￿ part ofts fI)•n¢i￿ 5t*ments
11

Congregation of the Mission - The Vincontian Fathers
BALANCE SHEET
as at 31 December 2024
2024
2023
Fixed Assets
Tangible assets
Investmnts
11
12
4,$34.043
60,701
3,457,368
308,993
4.594,744
3.766,361
Curr•nt Assgts
Debtors
Cash and ¢a$h eqvivalents
13
9.953
435.343
17.164
1.612.258
445,296
1,629.422
Cred5torn: Amounts lalling due within one year
14
195.3991
127,9871
Net Current Assets
349,897
1,601.435
Totsl Assets less CurY•nt Liabilities
4.944,641
5,367,796
Funds
Restricted tnjst ft￿dS
DeS￿nated funds {Unrèstrict
Gene¥al fvnd lunrestricte(11
364,058
4.534,043
363,372
3.500.000
1,504,424
Total funds
16
4,944.641
5,367,796
The finanaal statements have been prepar*J in accordance wrth the kMOVt5ions applicable to companses subjed lo the
small companies. regime and in accordance with FRS 102 Tr Financial Rep)rtir¥J Standard ap￿icAble in Ihe UK and
Republic of Ireland", applying Seckn IA ofthat S￿dar￿.
Approved by the Board of Trt0t￿ and author￿ forlgsue on 20 Octobgr 2025 and signed on its b•half by
Paschal Scallon
Trust00
Stsphen Monaghan
TnMt¢e
The notes on py 13to 18 fcfft port ofthe finarwial 8t*rwts
12

Congregation of the Mission - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
lor the financ4al year end¢(J 31 December 2024
GENERAL INFORMATION
Congregation of th& Mission - The Vincentian Fathers is a charity Inc￿rporated in the United Kingdom. The
registered office ofthe chanty is 2 FI￿r Lane. London. NW7 2JB. England vthich is also the princApal place ol
business of the charity. Thè finarbrAal statements have beM wesented in Pound l£} vA)id) is also the tsnctional
¢uwrency ol the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Th8 follwng accounling FK)li<ies have been applied 0)n￿$1•n￿ in dealing Vlith ite￿ whi¢h are cOnS￿e
material in relation to the chanty'$ financwt statements.
Basls of preparation
The financial stalements have b¢&n kyepared on the gc#ThJ ba518 urhyer the historical eo$t convention.
modffied to include certain items at fair value. The financial statèmènts have been Prepa￿ in ￿rdance with
the Statèn*nt of Rec4Jmmended Prathe ISORPI "Accountin9 and RepNbng by Charities prtrparing their
accounts in accordance ￿th the Financial ReF*Nbng st￿dard appI￿￿e in the UK and ReKwbli¢ of Ireland FRS
102.. apptying Section 1A of that Standard.
Statsment of complSane•
The financial statements of the chaiity for Ihe financial year ended 31 December 2024 have been prepared on
th¢ going cOr￿ern basis and in 8ccc*d8nce with the Statement ol Recommended Practth ISORPI 'Accounting
and Reportin9 by Charities prèparing tr*ir accounts in accoFdance with the Finanaal Rèporting Standard
applicable in the UK and Republic of IreLand FRS 102., apptying Section 1A ol that Stsndard.
Fund accounting
Th¢ ft)Ilowing are the catego￿5 of frjnds maintained."
R•¥tricted fvnds
R•5trthd fvnds represent irKx)me T￿l¥ed Wh￿ can onty be Used for parbcular Fwlposes, as spea.fied by the
donors. StKh purposes are within Ihe overall obiectNes ol the charity.
Unw•stricted funds
UnroslrKted fvnds consist of Gener81 and Designated lunds.
Gèneral fvnds represent whi(* are expeThJat4* at the discretion of the tr*)ord, in fvrtherance of th¢
objectwes ol the charity.
Designated fur￿5 ￿rnprise unr¥$tricbJ fvnds that the Trustees have, at their diSC￿tion. sel aside for
part￿ular pU￿Se$. These des￿nationS have an administratNe kXJfFrf)se only. and {*) not legaly restrict the
Trustee's discrètion to appty the ftrnd.
Incomlng R•sources
Income is recognised by induswjn in tht Statement of Fina￿al Aclivib"es onty vthen tho ¢harity 18 legalty entilled
lo the income, performance condit￿S attathe(I to the rtemls} of irwne have been met, thè amounis involved
¢an be measured will) suffiryenl reliabilsty ant1 rt is prthbbe thal ihe incomè will be receNed by thè ¢h8rity.
R•saur¢M Exp•nd•d
Expenditure is analysed LE￿￿n costs of charrtable activrtses and raisbng furKls. The costs of ea¢h activty are
separately a￿MUlated and disclosed. and analysed 8cc￿dtng to Iheir major components. Expenditure is
recognised when a legal of constrLKtive ouigation exists as a resurt of a past event. a transfer of economic
benefits is requir8d in settlement arKI th8 aThKJunt ol the obl￿ation be ￿llabty measured. SupF¥)rt t05ts are
those functions that assist the work of the charty cannot be attsibuted to one actNity.
13

continued
Congregation of th• Mission - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
for the finanoal year ended 31 Decemb8f 2024
Tanglble fix￿ a￿ets and depreciation
Tangible fjxed a55ets are slated at cost less accumulated deFKeuatKJn. Major improvements to properties are
capitalised and inGlyded in cost ol properties tn the year in which the expendrture takes place. The charge to
depreciation is cal¢ulaied to ¥￿ile off the origmal Cost or valuation of tangit4e frKed a$$¢ts, le85 their estimated
residual Value, over thwr expected useful INes as foll(yws:
Land and buildiNJs frselK)Id
Fixtures. ffitts'ngs and 8quipme
Motor vehides
4% Strwght line
15% Strw'ght line
20% Strw'ght line
Deprerjats'on is onty charged on resKJenknal Fwf4)erty assets frcxn the year in whth the asset Put into use.
Church properties are not capitalised and theirv4ue is nol rellect8d in the Accounts. Because ofth8 nature and
lunction of these propert￿S, thè TrtA5tees consider it unlikely that they woulj ever be sold. Thè Trustees are of
the OF¥nh?n that it could be misleading to reffleL* a vahje c41 these partioJlar properties in the Accounts.
Investm•nts
Listed inveslrnen15 are a fom) ol bast fina￿>al Ir￿tfu￿￿nt and are inib8lly recwnised at their transaction value
and SubseqUen￿Y rneasured at their fair value a5 at the balance sheet dale using ihe closing quoted market
price.
Realised gains lor losses) on invesknent assets are calcjjlated a$ the drfference between disposaf prctEeds
and their o￿nIng carying value or th•r purthase y￿Ue rf acqui￿ $ub5equent to the first day of the financial
year. Llnrealised gains and losses arè ￿kUlated as the dthefence befv￿n the fair value at thg year end and
iheir carrying v&ue at that date. Realised and unrealised investrnenl gains lor losses) arè Combined in the
statement ol finanual activitie5 and are crèdrted lor debiledl in the year in whith they arise.
Cash and ea$h oquivalents
Cash and cash èquivaknts COm￿lS•S rash on deposit at banks requiring less than Ihw monlhs notice ot
withdrawal.
Taxati*)n and dèferred taxatSon
No current or deferred taxation arises as tharity has teen granted dwtable exemption. Irrecoverable
valu8d added lax is exwised as incurrgj.
PROVISIONS AVAILABLE FOR AUDITS OF SAIALL ENTMES
In common with many other charity of our size and nature. we usè our auditors lo assist wth the preparation of
the financial statements.
INCOME
DONATIONS AND LEGACIES
Unrnstrletsd Restricted
Fund•
Fund•
2024
2023
Donations and le9ac
13,646
13,646
288,836
CHARITABLE ACTIVITIES
Unre8trfct•d R¢tstricted
Funds
Funds
2024
2023
Salarles. Pensions and Slmllar Income:
Pension and Salary Incom*
Mass Siipend$, Stole Fees, Supth arKI Dues
240.6n
49,401
240.673
49,401
264,117
20.151
290.074
290.074
284,268
INVESTMENTS
un￿trIcted R•stricted
Funds
Funds
2024
2023
Investments
5,2SS
5.255
3,003
14

cnnbnued
Congregation of the mi83ion - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 Decwber 2024
OTHER INCOME
Unrestrlct•d R¢*trithd
Fund8
Funds
2024
2023
Other income
14,014
14,014
18,146
EXPENDITURE
RAISING FUNDS
Olrn¢t
Colts
Support
Costs
2024
2023
Cost•
Raising knds
1,398
1.398
11,739
CHARITABLE ACTIVITIES
Direct
Costs
Support
Costs
2024
2023
C(Ats
Other Suprort costs
Community
Wages aThJ Sal8ries
Medical and H*althare
Establishment
Forniation
Depreciation on Tangible Assets
Governar￿ Costs (Note 5.4)
91,917
91380
94,383
18.858
102,588
2,554
202.142
18.179
91.917
92.380
94.383
18,8S8
102,S88
2.554
202.142
18.179
96,658
84,660
47,101
21.262
154,264
9,102
10.234
623.001
623.001
423.281
OTHER EXPENDITURE
Direct
Support
Costs
2024
2023
Costs
Donations
116,911
116,911
B30.981
GOVERNANCE COSTS
Y•ct
Costs
Support
2024
2023
Governan￿ costs
18,179
18.179
10.234
SUPPORT COSTS
CharfIab￿ Govgrnan¢e
ActSvStl•8
2024
2023
Supwt
604.822
18.179
623.001
430,481
ANALYSIS OF SUPPORT COSTS
2024
2023
Support
623.001
430,481
15

continued
Congregation of the Mission - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
lor the financial year ended 31 December 2￿24
NET INCOMING RESOURCES
2024
2023
Net Incoming Resoure•s arg $tat¢d after Charg1￿(¢￿*dtOngl.
Depreriation ol tangibl¢ assets
ALKlitorfs remuneralion."
- audrt services
- other non-avdit services
202,142
9,102
4,000
5,825
3,500
4,629
INVESTMENT AND OTHER INCOME
2024
2023
Sundry incoff
Bank interest
Investment income
2.842
3.047
1.388
1.518
1,485
8,097
4,391
APAOUNT WRirrEN OFFIBACK ON IIIVESTMENTS
2024
2023
Realised gainslk•&sesl on d1sF￿al$ of investments
Unrealised gans on investments
{12.9921
8.158
27,583
43.221
14.8341
70,804
10.
EMPLOYEES AND REMU14ERATION
The staff costs (In¢Fusi¥e of trustees. $8laries) c￿n￿"S¢..
2024
2023
Waw and salaries
69,383
31.684
11.
TANGIBLE FIXED ASSETS
Land and
Fixtures.
buildinys fittings and
freehold equipment
Motor
vehicle8
Total
Cost
At 1 January 2024
AddilK)ns
3.437,662
1.082,825
3,504.170
1,278.817
180.192
15,8
At 31 December 2024
4.520,487
180.192
4,782.987
Depreciatlon
Al 1 January 2024
Chargtr for the finan¢ial year
46,802
12.262
46,802
202,142
171,861
18.019
At 31 December 2024
171.861
18.019
59.
248,944
Net b¢)ok value
At 31 D8¢gmber 2024
4.348.626
162.173
23,244
4.534.043
Al 31 December 2023
3.437,662
19,7C6
3.457,368
18

¢ontinued
Congregation of the Mission - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
lor the finanaal year ènded 31 December 2024
12.
INVESTMENTS
Other
investments
Total
Investments
Cost
Al 1 January 2024
Movement
308.993
1248,2921
308,993
1248.292)
At 31 December 2024
60,701
60.701
N•t tK>ok value
At 31 D8cember 2024
60,701
60,701
At 31 D￿mber 2023
308,993
308,993
13.
DEBTORS
2024
2023
Prepayments and a¢xrued #Kome
9,953
17,164
14.
CREDITORS
Amounts f•lllng due wlthln one year
2024
2023
Other creditors
Acc¥uals and deferred inc
7,140
20,847
86,051
95.399
27,987
15.
RESERVES
2024
2023
At the beginning of thè year
Deficit for the financial yaar
S,367.796
1423,1551
5,968,740
1600.9441
At Ihe erKI ol the year
4,944,641
5.367.796
16.
FUNDS
16.1 RECONCILIAMON OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Fund6
Total
Funds
Al 1 January 2023
Movement durin9 the finanaal y
5.883.404
1878.9801
85.336
278.036
5.968.740
16rx).9441
At 31 December 2023
Movement during the fmancial
S.(MM,424
1423.841)
363.372
5,367,796
1423.1551
At 31 Dgcember 2024
4.580.$83
364.058
4,944.641
17

ntinued
Congregation of the Mission - The Vincentian Fathers
NOTES TO THE FINANCIAL STATEMENTS
for the financAal year eThJed 31 1)ewnber 2024
16.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
Incom• Expèndilu
Tran$fvrs
Balane•
1 January
2024
tw•èn 31 D￿ernber
funds
2024
Restricted funds
Restrict
363.372
13.646
{12,￿)
364,058
Unre8trict•d funds
Dasignated Fund- Tangible Frxed 3.5C(I.CLK)
Assets
1.034,043
4,534.043
Unrestricted General
1.504,424
3(P3.343 1733.1841 {1.034.0431
s.￿4.424
3fts.343 1733.1841
4,580.583
Total funds
5.367.796
322,989
746.144
4.944.641
16.3 ANALYSIS OF MET ASSETS BY FUND
Fixed
assets
- chaiity use
Flnaneial
fixed
assets
Current
Curront
assets Ilabilities
Tots
Unrestricted designated funds
Unrestricted general fvnds
4.534.043
4,534,043
410.598
eii,701
445,296
{95,3991
4.534.043
).701
445.296
{95,3991
4,944,641
4.534,043
60.701
445,296
(95.3991
4.944.641
17.
POST4ALANCE SHEET EVENTS
There have been no signifKant events atsting the Charrty since the financial ye8r-end.
18