2021-12-31-accounts

THF. CONGREGATION OFTHE DAUGHTF,RS OF WISDOM PROVINCE OF CREAT BRITAIN AND IRELAND (Ilegi5tered ChArity Number.. 234184) (Charity Registered ScotiAnd Number: SC039165) TRUSI'b.li 8, REPORT AND FINANCIAL STATEMENTS FOII I"HE YEAR ENDED 31 DECEMBER 2021 HaySmac1nty￿ LLP Chaneird Accouiitants Registered Auditoi's London

I'HE CONGREIGATION OFTHE DAUGHTErRS or WISDOM I)ROVINCC OF GRf4 AT BRI'fAIN AND IREI.AND CONTF.NTS Page Legal and Adininisknxtive Details Tn]5tees' Report 2-14 AuditOT'5 Rewrt 15-17 Statement of Financial Activitie5 18 Balance Sheet 19 Statement of Cash Flows 20 Notes to the Financial Stateinents 21-30

THE CONGREGATION OFTHE DAUGIITERS OF WISDOM OTHERWISE KNOWN A.8".8ISTE4 RS or LA SAGESSE" LEGALANDAI)MINisfRATIVE DETAILS RegisteiEd Charity Nuinber 234184 Seottish RegisteiEd Charities Nuinber SC039165 Chai'ities Regulatory Authoi'ity (Ireland) 20007140 D¢legation Leader Sistei. Maureen Seddon Delegation I reasurer Sister Jean Butler Named Trustees Sister Maur¢en.8cddon Sister Margaret Morris Sister Patricia Reilly Sister Marie Turnei. Address Provincial Adininisb?tion Wisdom House Romsey Hampshire S0518EL PrintiP81 Bankers HSBC Batth Pl¢ 50 Above Bar Street Southampton S0147DS Solicitors Stone King LLP 13 Queen Square Bath BAI 2HJ Auditor Hay51nacintyre LLP 10 Queen Stiret Place London EC4R IAG Investinent Managers Brewin Dolphin 12 Sinithfjeld Stsret London :CIA9BD Govej'ning Instrument Trust deed dated 2 Maith 1964 Objects Such charitable PUTposes which advance thereligious and othei'ch3ritable work for the time being carricd on by or under the direction of the Congi'egatEon as the Trustees. with the approval of the Piy)vineial, shall from time to time think fit.

THE C()N(:REIGATION ofi THE DAUGIITfi RS OFWISDOM TRUSTEES, REPORI. FOR THE YEIAR ENDEID 31 DEICEIMBCIR 2021 The trustees present theii. i'eport and the financial slateinents of the Charity for the year ended 31 Decejnbcr 2021 The financial statements have been pirpared in accordance with the accounting poli¢ies, set out on pages 21 and 22, and coinply with the Charity'5 Irust deed, applicable law and the requireinents of the Stateinent of Recommended Practice for Charities (SORP 2015 2lld edition). THE CONGREGATION OF THF DAUGHTER8 OF WISDOM l. The CongiEgation 15 an International Religious Congregiation founded in fraiice in 1703. It is adiniiiistered by a Congregational Leadei. and hei. Council, who appointed every six years at a Geiiei?I Chapter of representatives of all the Entities of the Congregation worldwide. The Congi'tgttiional Leddei'ship Teain is based in Pal'is. The Current Geneial Leadersliip Team has been in office since August 2018 and has a mandate until 2024. 2. Situated throughout tlie 5 continents, the Daughters of Wisdoin coinmit tliemselves radically to live (iospel values. In i'apidly changing world where the doinination of the econojny and the tver growing gap between the rich and poor genei'ates inju5liee and violence, the Sisters endeavour to be a voice for the voieeless, Pdrticipdting in collective actions that oppose the c#us¢s of injusuce and promote the values of justice, peace and respect for creatioii and the environment. AIM AND PURPOSE OF THE CHARITY The principal objective ofthe Charity is to apply the assets of the Trust for such charitable purposes as shall advance the religious and oiher chaTltable work cai'ried out by the Congregation of the Daughter5 01. Wisdom. By caring foi. individual Ineinbers of the Congregation throughout their lives. the Chai'ity aiins to enable and support the Sisters to live out their lives as fully a5 possible as D#u¥hters ofwisdoin through a wide variety of Min￿trieS. When setting the objectives and planning the work of the Charity for the year, and when discerning the ministt'ies of individual Sisters, the trustees have given edreful considei?tion to the Charily CoJninission'5 general guidance on public benefit and in parti¢iilar to its supplementai'y guidance on the Advancement of Religion. With the reducing nuinber of Sisters in the Delegation and their advancing years the variety of Ininistries in which they are actively engaged is cliaiiging but they nonetheless fvlfIl their mission and Ininistry in diverse ai'eas io the fvllest extent of thesr capabilities. These include.. Rcfleetion and Prayer Dui'ing the past yeai. the Charity's meinbers eontinued their focus on reflection and prayer as they began to learn how to live in a post-paiidemic woi'ld. Theii. communal Pldyer and intercession as ali expi'ession of theiF faith dnd mission has been incieasingly valued during the year, particularly ds Othei. acts of ¢OlllDiunal worship foi. Inany believers wei'e suspended for a significant peTiod of time. However, the stredining of Inasses was greatly apprcciated. Monthly Ineetings of the Delegation by Zooin for prayer and refleLtion were also appreciated. Many people and Ententions are held in prayer by the Siste13 evely day. The charism and spirituality of the Daughters of Wisdom dniinates the life of all the Sisters and 55 especially protnoted in the Wisdom CenttES in Roinsey and DublEn. Suppoiled by dnd iii collaboi'ation with their lay staff, the Sisters offer a bpace of prayer, i'eflection and quiet in u cyljn setting for divei'se groups and iieeds. Tlie Sisters welcome to their gardens and the labyi'inth Ill Roinsey those Seeking a quiet space or who simply want io appreciate the beauly of nature. I'hey al'e aEso pleased to welcome into this space fainilies with children, when the quiet of the space is briefly interruptcd by joy, laughter and shi'ieks of eiijoyjnent. Oui. grounds weir, for the fIi'st lime chosen to be Pdl'l of La Ronde open gardens in Roin5ey, a LhaTltable event. The gaidens will be opeii as pail of tlie Natiotydl Garden Scheine Open (iai'dens in May 2022 an event which Taises subst<tntial donations for various chaTlties, eg Cancer Research and Mind. The Friends of Wi5doih, an internationdl lay association of the Daughters of Wisdoin that had been re-eslablished in the UK during the PTevious yeai., continued to meet both online and in pejson. 'I'he 7 lay people and 4 Daughters of Wisdoin involved continue to pai1icipate enthusiastically dnd profoundly.

THE CONCREIGATION OFTHf. DAU(:HTERS OFWISDOM TRUSTEES, REI PORT (eontinued) riOR THE YEAR ENDf,D 31 DECIMBF.R 1021 Soeial and pastoral ministry Membe13 of the Delegation of Great Bi'itain and Ireland (GBI) 3re involved in diverse forlns of Social and pastoi?I Ininisty. The Inain aiin of the Sisteis IS to help p￿.11¢u[al.IY the poor and Ivarginalised in society regai'dle5s of their personal baekgrouiid, gendei. or individual ClTCUlllSt*Ln¢es. The Sisters have been flexible Ineeting whatevej. needs they can while their neighbourhoods and they Iheinselves continued to be liinited by the Coyid pandetnic. The varitsus miiiistries of the Delegation resuined dui'ing the year, albeit cauiiously, but towai'ds tlie end of the yeai. it was suspended once again due to a resurgence of the pandeinic. Soine Sisters became actively involved by phone and letter wi'itit]g to the parish coininiinity. Working 8$ International Congr¢g4tion Daughters of Wisdoin as meinbers of a worldwide Congregation of I'eligious woinen participate in international meetings and works of the Congregation outside Great Britain dnd Ireland. SoiDe spent Inost of theii. &ctive niinistry ovei'seas while othor5 participated in projects and initiatives in conjunction with Sisters fi'om other entities. This collaboration supports Sisters throughout the Congregation in Jneeting needs of those who are Inarginalised, iinpoverished, exploited or who suffer the consequences of natural disaste￿. One Sister of the Delegation serves on tlie Congregation's Internatsonal Committee for Justice, Peace and tlie Integrity of Cieation. Another Sister fi'oin t]ie Delegation has served throughoul this period a5 Eixecutive Director of UNANIMA International in New Yol'k which affiliaied to the Uiiited Nations. The ministry of another Sister froin the Delegation is to serve as Assistant Director of the CongreLF£ltion's Developinent OffEee which advises, coordinates and assists with funding applications to support the ministry and development work carried on by Sisters among the tx)orest people in developing COLtntries of our world. The Delegation continues to support not only the member5 of the Delegation of Great BrÈtain and Ireland, biit alw to remit funds to the Generalate to support the mission of the Congregation to the poorest and marginalised in undeJ'_developed and einerging Lommunities in the various parts of the world where the Congregation is present. In 2021 a request foT fundiiig to constt'uct a formation house in Haiti was Considered and agreed by the Trubtees. They agreed to contribute £198,030 IQ30,000) to the construLtion of accominodation suitable for the formation of novices and young Sisters within their owii country. A donation of £8,984 {el 0,000) was made to Sophia Housing Association in Irelatid to support its ongoing work providing slielter, assistance and suppoit to homeless people and for Its work advocating on Iheii. behalf. The number ofsisters in the Delegation at 31 Dwembei. 2￿21 was'.- Below UK state pension age (66yi's) Over pensionable age (2020.. 2) (2020.. 34) 32 During thi5 period nune of the Sisters received salaries and only a few i'eceived a slipend, in¢luding the sister wliose miTIIStry is based at the United Nations in New Yol'k. Any income i'eceivcd by the Sssteis 15 covenanled to the Charity in accoi'dance with their vow of poverty. OBJECTIVES AND ArfiviTIES Throughout the Dtlegation the Sisters, mainly retired and on a voluntaTy basis, are involved in a divei'sity of ministrie5. In everything they do, tjie Sisters are coimmunicating the Jnessage and voice of Wisdoin. In every sphere of theii. activity they seek to work with people who are excluded froin Inainstreajn 50cicty, people who have been trafficked, abu.%ed, wlio al'e hoimelesg or are drug addicis, or who have Inental Iiealth needs. All al'e invited to join Wisdoin's banquet jii.%t os Jesus einbodied in his life the ultimate Jnodel of inclusivity and abiindance.

THE C()NGREI CATION OF T14C DAUGIITf4 RS OF WISDOM TRU.4TEI ES, REI POIIT Icontinutd) FOR TTrIE YEAR ENDEID 31 DL4CEI MBFII 2021 Trpical examples of iiidividual activities are'.- Outreach to Carib￿an and ¢thnEe ininority communities Visiting sick and housebound p¢opl¢ in thtii. home5 WoA(ing with and on behalf of lJoineless people and refugees Spiritual a¢coTnpaniinent Parish visiting Pastoral ministy to people with intellectual disability Involvement iji Justice and Peace GI'OUPS Ecuinenical and interfaith activities. Our Sister resident in each jurisdiction holds the position of Sdfeguardins Repi'esentativ¢ in Irelaiid, Scotland and England/Wales. ILLUSTRATIONS OFTHE SISTERSY WORK Set out below air some ex￿npl¢S of the Sisters, Ininisti'ies of which collaboration forms an iinporlant part. These illustt'ate the r8nLie of their wo1& and the contribution which they make to society as a whole:_ Wisdom Cenlre, RoJn$ey The Coronavirns pandemic substantially reshaped our ministry in 2021. Although staff hours were Irduced in 2021, an agile approarh to responsibilily has enabled us to increase oveTall opctting hours to accommodate new needs I￿ally. In response to an opwrtunity created by ¢an¢elled bookings, we have been well placed to welcome counselloislclients unable to access in-person serviees elsewhere. Additionally, we have developed weekly Coinmuniiy support giDups, 5erviiig a vai'iety of needs, a ininistry which previuusly pri)ved difficult to accotnEnodate bEcaLEse uf regular bookings. By sei'ving new needs, we have built y foundation on which to reshape the Centre. Indeed ou]. new activities are feeding our spirituality prog181nine with new, younLFer pariicipants. Needing a Covid-secure venue. Tree of Lile Café joined us in 2020. With fuithei. funding from Roinsey Churches for 2021 onwards, Tree of Life Café has made Wisdoin Lentre its permanent hoine. Roin5ey Robins Friendship & Bereaveinent Siipport Group also joined tLS early in the year. A furihei. support gi'oup, an NHS Chaplaincy carer gruup for adulvoldei. persons, Mental Healtli, begaii tneeting (Trn a regular evening. Towards the end of the ycaT we a150 coininenced our own Cominunity Café & Creative Café as u response to social isolation. Coininunity evejits also took place outdoois. Oiice limited in-per50n meetings becaine possible. church and spiritual group paiticipatii)n began with Freedom Church, who made Wisdoin Ctntre their teinporaiy hoine because their office had turned into a 'recoi'ding studio, fi'om which to broadcast services. Tlie Church Idtti. decided lo run their Alpha Course here. Other Church activitie5 followed.. St Petei s Church community support outreach met at the Centre in-pei%on' Olive Brancli Christian coun5elling ran training sessions in the Wisdom Centre. During the paDdemic Tnuch of oui. Spii'ituality Prograinme, Friends of Wisdoin and Spiritual Direction was adapted foi. 7.001n. Although Friends of Wi%doin has continued oiiline, in Inid-suininer, a Covid-secuTe version of oiii. own pi'ogi'ainine was able to recominence in per50n alonb7 with our weekly att group. Ineditation, a new weekly 'sound bath, 5esbion and yoga. A new gi'oup, HampshiiE Buddhist Suciety, also staited Jneeling monthly on a Satui'day moi'ning at the Centre. A handlul of Covid-secure coi'porate and h¢althcare gTOUP5 also i'ecoininenced at the CentlE, including UniveTsity 14ospitals Southainptoii healtlicare worker training dnd teain building, Healthcare Managejnent Trust all-day iiieeting5 and Train AEd staff developinent. In 2022 there is still rooin to ￿0W and include inoi"e of our foi'iner professional gi'oup5, should they wisli to return. A very positive outcoine froin this pandeinic has been the developinent of cominunity Ininistry and Fi'iends of Wisdoin. Our hospitality to coiinsellor5, SUPPOI't groEips, LaiErs and ¢hur¢h oiitrcach lias increased awareness in the local cominunity of Wisdoin Centre and the ministry of the Daughiers of Wisdom.

THE CONGREGATION OFTHE DAUGHTF.RS ofi WISDOM TRUSTEES, REPOR1. (continued) FOR THE YEAR EIYDIID 31 DECEMBF,R 2021 Marie Louise Houso, Ronisey Marie l.ouise House was built b¢t2use the Sistei's had a vision of the needs of the future alld i'ealised that there was a need to provide nursing care both for Si5t¢rs and for people in the aiEa. MarEe Louise House opened in Julie 2005 with accoininodatitsn for 46 Irsidents. The initial 15-year1¢8se to Healthcare Manageinent Trust was succeeded last yeai. by a new 10-year lease that will be in place until May 2030. At the end of 2021 three Sister5 were resident in Mai'ie Louise House. Mai'ie Louise House is managed by the Healthcare Management Trust (HMT), a registeied cliai'ity. It 15 open to people of all fgiths and none. The Home is run OD an ecuinenical basis. so sei'vices are arrdnged with the differeEit local chuirh Ininistcrs and parishioners. Like so many other nuising hoines the pandemic had a disti"essing effect on Mai'le Louise l.louse exacerbated in their case by the departure in late 2019 of the long-serving Home Manager. Initldl dtteinpts to appoint a replacement Manager were frustrated when the appointee left for p¢rsonal reasons shortly after taking up the post. Following a further recruitmcnt exerci8e a new Home Manager and Deputy Manager were appointed and have sucueeded in impi'oving the perfoi'mance and CQC. Rating of Marie Louise House. VisitUTS to Marie l.ouise Holl5e were liinited during the yeai., soinetimes sevei'ely, whi¢h was upsetting for staff and residents alike. The nuinber of new adinis5ions during the yeai., whilst hsgher than the previous year, was still considcrably lower than the Iollg-t¢i'in average. O¢cupan¢y i?te5 reinained historically low during the year and despit¢ some very sensibl¢ mitigation measures by HMT Marie Louise House did t]ot generate a surplus in 2021. The t1715tees r¢cognise and readily acknowledg¢ the dedication and hard work on the parl of the Hoine Managei. and Deputy fvfanager as well as the senior Management of HMT in maintaining the sp2riL qudlity and ethos of Marie Louise l.lousc throughout this time. They al'e also most appreciative of the coininitinent and dedication shown by all the staff. Lon term lans foi. rie uise House In September 2019 an agreeinent was signed by the ts'ustees coinmitting to sell Marie Louise Flouse to HMT siibject to them securing planning pcrmission for a 32 bed ext¢nsion. The agreement ineluded a new 10 y￿r lease to covei. any period between the expiry of the initial lease in May 2020 and the completion of the coiitract foi. sale. The plltnning application was subinitted on 24 Deceinber 2019. As well as adininistsative delays caused by the pandemic the dpplication has been delayed by an environmental issue within the Soleni region. By the time ofsigning these accounts HMT had decided not to continue with the planning application that they had subinitted. They liave begun discussions with Èhe Daughters of Wisdoln to identify a suitable way forward in the b¢%t interesis of Marie Louise House and ils residents. .SOPHIA HOUSINC ASSOCIATION- Ireland Sophia Housing Association which is in partnership with Midlands Siinon Coin]nunity operates nationally in lirland. It is a weaving of holistlc 5UPPOrt for marginalised people who dre out of hoine which enable5 thein to b￿oine aware of their own innei. strength and potential so that they may paiticipate fully in society. One Sistei. who is the founder of Sophia PJEviousIy Served as irs Chair and continues to be a Board men)ber' anothei. Sister ts also on the BoaTd of Sophia. The work of Sophia is suppoited by numerous religiou5 ¢ongregations in Ireland. There is d'wisdom Centre" as part of the projecl in CoTk Sti'ee(, Dublin. The vision of the Wisdom Centre is to be a qiiiet space wheie people can get in touch wsth their own ciyative energy tkn'ougli a holistic progi'8Tnine wliich includes art, draina, Inusic, sharing and reflection. Thc Wisdom Centre includes an it￿0Vative approach to the ininisty of Sophia, which is about the physical, social. educational and spiritual needs of all pei'bons. The Centir is used for those living within the project and shared within the wider cominunity. The work of Sophia has ¢xpanded to include SUPPOTting refugees and asylum seekeTS in Ireland. During the year Sophia Housirtg Association appi'oachedthe Daughters of Wi5doin with a proposal for the Daughter5 of Wisdom to invest in a Social Iinpact Investment sclieine that Sophia Housing Association planned to use to suppoit its developinentlgrowth in th¢ next l O years. Discussions between the two oi'ganisations made soine pi'ogi'ess but haye not yet reached a definite conclusion that can be I'epoil¢d at thi5 tiine.

THE CONGRIIGATION OFTHI,: DAU(:IITERS OFWISDOM TRUSTEI ES, REI PORT {eontinued) FOR THE YEAR ENDEJ) 3J Dr.cri MBER 2021 F8ellltlcg for people with int¢ll¢etual dlsAbSllty In Irelaijd During th¢ yc)I' work continued to the greatest extent allowed under (lie covid pandemic reslrictions on the plan to rclocate the reinaining sei'vi¢¢ users from Cregg House and campus to sindller hoines in the COIn￿n￿nItY. The ongoing pandeinic a150 prevented to a laTg¢ degree the Ininistry of the 8isters to the residents of Cregg. By the end of the yeai. resettling Cregg rcsidents in comTnunity hous¢s w8s complete. The Sisters locally in Rosses Point continue to support the foi'mer residents of CIEgg in their new hoin¢s. Dis osal of land ilities at Cre Ireland Following a period of r¢fl¢ction and discussion abollt the lung term plans for Cregg the trustees offered the pi'opeity and land there for sale on the op¢n mark¢t in June 2019. Significant delay5 due to the pandeinic resulted in the conti'act foi. sale not being completed until August 2021. After deducting legal fees, cgtate agients fees etc the sale realised £1,101,494. These fi]nd8 will be used to provide foi. th¢ needs of the Sisters in the Delegation and to support the developJnen( work of tlie Congregation amongst the poorer peopl¢$ of ihe woi'ld where the Daugliters of Wisdom hdye a presence. -l-he Daughtei'5 of Wisdoin belieY¢ that the purchaser of the slte has plans to use it for soine foTm of care facility and look forward to seeing the continLtation of this service at this location. Alongside the residential and duy services at Ciegg House is St Cccilia's School for bhildren with intellectual disability that was founded by the Sisters. Th¢ school provides education for students with inoderate to profound intellectual disability and increasingly to children with profound autisin whose needs cannot be met within m£linslream education. The Delegation Leader continiies to be Patron of St Cecilia's School and one Sister 15 Qn its BoaTd ot M£lnageinent. The Sisters are very cons¢ious of the work and treinendous good that lias been accoinplished in Cregg oveT the yeais and wished to leave a suitable legacy as symbol ofgralitude. They were keen to leave in place soinething that will continue to support this woi'k in a meaningful way. As a result they decided to exclude from the sale and leave as theii. legacy an extended site for 8t Cecilia's School as this will 5e¢ure its futuir and allow it to grow and develop in ye£irs ahead. As the presence of the Daughters cjf Wisdom in Sligo has dimini5h¢d iTi T¢ceni years, discussions are ongoing about ti'ansferring the Patronage and ti'usteeship of St Ceeilia's School to the local Bishop and DioLese. It is Iiot possible at this Stage to know with any degree of certainty when these discussions might be ￿nclUded. The Sisters agreed dui'ing the year to support St Cecilia's School transition to independence with a donation of E5,000 fur each of the next five yeai's. UNANJMA International UNANIMA is an intemaiional Non-GoveTDinenial Organisation (NGO) with Uiiited Nations status. UNANIMA International reprc8eiii$ 21 religious Congregations und 22,000 IEligious worldwide and coi'jrsponds lo the Daughtei's of Wisdom's objectives, namely to defend aiid empower wonien, children. iminigrants. and refugees, and to live in harmojiy with citation and our environit)ent. Its Inain function i5 to kFiv¢ voice in ihe cori'idois of powci. to those wlii) air often overlooked aiid least well seived by cutTent prograiiimes and policies. The Cong]egation Leadei'ship'fealn rccogni5ed the parallels between UNANIMA'S and its own etlios, visson and aspii'dtion of spI'eadinLF Wisdoin values in our wurld. In 2016, Iiaving already served as a meinber of the ]3oard of Dii'ectors of UNANIMA, at the reque%t of Ihe Congregational Leadeiship 'Feam, a Sister was appoit]ted as UNANIMA'S Exetutive Directoi. foi. 3 years froin January 2017 and her malldate was extended for a filllher 3 yeais in 2020. Throughout this year she has dii'ected the wod( of UNANIMA in conjuiiction with its Board of Dii'e¢tors relying on modci'n te¢hn(>logy for much of Ihe workiiig that was of necessity Cdri'ied out J'einotely. A notable achieveinent during the year was the doption by the United Nations General Asstn)bly (in fLtII assembly) of the Fii'st Re501ution on Homelessness. The Resolution urged Member States io end all foi'ms of disci'imination against individuals experiencing hoinelessness, address tlie structsiral di'ivers of hoinelessness, and to de¢i'iJnsJidlise hoinelessness. It recogiiised that those who were hoineless were moir severely iinpacted dui'ing rhe pandeinic and urged Meinbei. States to ensure the hoJnelessne5s policies Coinplied with their international human i'ights obligatiLins and weir consistenl with th¢ 2030 Agenda for Sustainable Developiiient.

THL CONGREIGATION OFTHE DAUG'H'fF.RS OF WISDOM TRUS'fEEI S, REPORT (coiitinuedl FOR THE YEAR ENDEI D 31 DC4C£I MBF.k 2021 GOVFRNANCE, STRUCTUREAND MANACEMEINT Charitable Trust In terins of Civil law, th¢ Cliarity is govemed by a trust deed dated 2 Matrh 1964 and is a irgistered charity- Charity Registration No 234184 (England and Wales) Registration No SC038165 (Scotland) and Registration No 20007140 (Ireland). The accounts accompanying this report are the accouiits of the Charitable T]￿st in which the assets ofthe Delegation of Great Britain and Ireland aiE held. Tho Delegation of Great Britain & Ireland In June 2015 the Province of Gi'eat Britain & Ireland changed canonicdl status to that of a Delegation of the Congregation. This has no impact on the gov¢i'nant¢ of the registered Cliarity, and the appointed tEU5tees I'etasn full control of and accountabElity for the Chariry's assets, activitics and expendiiure. The day to day I'unning of the Charity and care of the Sistei's reinains the responsibility of the Delegation Leader, Sr Maureen Seddon. and hei. Council. Sr Jean Butler has continued in her role as Delegation Treasurer. Trustees The tn￿teeS of the registered Charity are appointed by the Delegation Leader of Great Britain and Ireland. The Delegation Leader is also a tmstee. The tt'ustees are ultimately responsible for the policies, activities and assets of the Charity. They meet at ledst six tiines per yeai. to review developinents with regard to the Chariiy or its activities and Inake any important decisions. having iegard to the Charity Coinmi8sion's guidance on public benefit, in particulai. the spe¢ifi¢ guidance tu charities on Advanceinenl ofReligion. During the year the Trustees meetings took plaLe by Zoom. When appi'opi'iate, the trustees seek advice and support from the Chai'ity's professional advisers, property consultrdnts, investment Inanageis. soli¢itoJ's and aLcounlant5. The Delegation is adininistei'ed from Wisdom House in Roinsey, HanipshiTe, where the Siste1% also have a SpiTltualiry/Conference Centt'e. the Wisdom Ctntre, which is open to people of all faiths and noiie. I NGLAND During the year the Sisters of the Delegation lived in ten cominunities in the north east, north west and 50Uth of England. Abbey House, the oi'iginal foundation of the Congregation iii England, is also the location of the miraculou5 cure of Si.. Gerard du C,alvaire in 1927 and is an impoi'iant part of the histoi'y of the Delegation. Foi. Ilie Inajoi'ity of the yeai. Ihere wei'e 12 Sistei in the coinmunity. One full-tiine Care Coordinator and two parl-tiine caiers support the Sistei's with their day-to-day need5 and the cominunity 1$ assisted with cooking, cleaning and gardenii)g sei'vices, all of whom pi'ovide a sejvicc and support to the Sistei'5 that is highly valued by (hein. Marie Louise Flouse in Roinsey is the nursing home owned by the Delegation but run as a separate entity by HealthcaiE Management Tiusi. Strong links are maintained between the Lommuiiity of Sisters in Mai'le Louise Hous¢ and tlie other communities in Romsey. One Sister froin the Delegation (living in Sophia Coininunity iii Roinsey) is i'esponsible for the pastoral are of the Sistei's in Mai'le Louise House. Sisttrs fi'om the Delegatioii Can be accoiiiinodated in Mai'ie Louise House should th¢y need full time cal'e and are also able to benefit fFoin shoiter slays there to assist with iEcupeTation and recovery when nocd¢d. This year the opportunities foi. Sistei's to visit Mtti'ie l.ouise House have been very liinitcd but tliey hope to be able to IrsuiJe visiting all of the iesidents and staff a5 $0011 as permitted by govei'ninent and health authority Jegulations.

THE CONGREGATION ofi TIIE DAUGHTEI RS OFWISD()M TRUSTEES, REPORT {¢onlinuedl FOR THE YEAR ENDf.i) 31 DEICEMBER 2021 GOVERNANCE, STRUCTUREAND MANAC.EMENT (continued) IRELAND (North South) One Sister toniinues, albeit in a very limited way during the past yeai., to be involved in pastoral ministry to people with intell¢¢tual disability in Cregg Services, Sligo. The Sistets are pleased to continue their involveinent with St Cecilia's School, a special school for pupils with a rattge of intelle¢tual disdbilities for whoin tlie school pi'ovides a stimulatin& leai'lling environjnent. The Principal and staff, suppoiled by a Boai'd of Management that includes a Dauujhici. of Wisdoin. value evejy pupil who attends the school and w'02'k intensely with each onc to li¢lp thein to achieve their ￿1] potential in dn envii'oninent Sujted to iheir needs. The Delegation Leader is the Patron of St Cecilia's School. Dui'ing the previous year new trustees were appointed for the school and following discu5510n agreement was I'¢8¢h¢d fur the Bishop of Elphin Diocese to take on the patronage of St Cecilia's school when the Daughters of Wisdom ¢cas¢ to be the owners of the Cregg property. Foi'indl discussions to bring this into effect are ongoing at tlie time of signing thesc a¢¢ounts, The Daughtei's of Wisdotn will ctsniinue to be the fTeeholdei' of (he school land which will operate under a long leasehold of the property. Should the school relocate or close in the future the leasehold interest would revcrt to the Daughters of Wisdom. Sophia Housing Associatioll Ltd, founded iii Dublin in 1998 by the Daughters ofwisdoin, continues to expand into other parts of Ireland. It also run$ the Wisdom Centre in Dublin which hosts and facilitates workshops, Irtreat5, and leadership couises for people from all faiths and none, who air lookiiig foi. a peacefijl place in which to Irflect and dialogue. Two Sisters continue to serve on the Board of Sophia Housing Association. One Sister in Northern Ireland is involved in the pastoi?l and social ministries of her local parish. The Charity is registered with the Charities Regulatory AuthoTity in Ireland, number 20007140. SCOTLAND Two Sisters in Scotland continue Lo be involved in a range of pastoral tRinistries. These include:_ College and Hospice chaplaincy Vi5lting the sick, eldei'ly and b¢i'eaved Scrving on the Fairtrade Sleei'ing Gi'oup of Renfi'ew5hire County council Eucharistic Inini51ry assisling with tlie sei'vices in the local paTj5h Representative on the Bishops, Conference's Coinmittee foi. Interreligious Dialogue 1he Charity is registered with the Office of the Scottish Charities Regulator, chariiy nuinber SC039165. The witness of the Sisters, ieligious life is eojnplementrd by the variety of their Jninistries <ind involveinent in their loca coinmunities and parishes wherever they aiE prcsent.

THE CONGIIV.GATION Oll T14E DAUCvHTE4 RS Oll WISDOM TRUSTfi FS, REPORT (£ontÈnuedl FOR THF. YF.AR ENDED 31 DEICEMBF.R 2021 EVENTS DURING 2021 Coronavirus paiidemic The most obvious impact of the eoronavirus pandeinic on the ChaFity is the decision by the Ti'u8tees to hold their Ineetings online. This continues to be an effective way for the Charity to be governed, and a date to resuin¢ in-person ineetings has not yet been identified. D¢di¢ation to Commitmtnt to Laud8to Si Platfoi'm On 8 Decetnbei. 2021, in union with the Congregation, Ineinbei'5 of tlie Delegation fornially adopted the values and principles Set out by Pope francis in the encyclical Laiidulo Si. Meinbei's aiE coin&nitted to integrating into their daily lives and ministry ¢are vf the environjnent and the peoples of our woi'ld so Ihatall Inight enjoy tlie created world in wliich they live. Staff employed in the Delegation are siinilarly engaged in tl)e pledge. Assisted Living Communities: Abbey House (Rornsey) & Montfort (Lytham Sl Anne's) Throughout 2021 Sisters in Assisted Living Communities continued to be suppoited by the teams of carers and other sraff. 'rhanks in no small wart to the dedication and flexibility of the staff involved it was possible to niaintain provisions and essential supplic$ for the Sisters. Moveinent of vi51tors and other people into tlie community was i'estricted and gisters went out for essential joum¢ys only. Although this may attiincs Iiave seeined isolating for the Sisters concerned it did mean that they avoided the virus. St Joseph's Church, Rom5¢y During the pr¢vious yeai. progress was slow on agreeing the lease for St Joseph's Church to the Diocese of Portsmoiith inainly due to staffin&J iysues within the Diocesan officc. Eai'ly in 2022 t￿.1￿S of th¢ lease have been agi'eed and the document is being prepared for $ignalitre by the respective legal i'epresentatives. Jubllee Cclebrations In 2021 foul. Sister$ celebi'ated significant aniiiveisai'ies of theEr firsl pi'ofession as a Daughtei. of Wisdoin.. two ccl¢brated seventy year5 of Profession and two Lelebi?ted sixty years oEProfession. The ciiriiinstances that prevailed during the year meant tliat these milestones were inarked in a ouietei. way than nonnal. Each Sister celebrated witli the Sisters of hcr community where this w3s pvssible, bui dll weir lionouiEd in remembrance, prayer and thanksgiving by all the Sisters of the Delegation and by the General Leddership Team. Deatbs durliig the year Dui'ing 2021 one Sister from the Delegation died in Mai'ie Louise House. She spent Inany of her lattei. yeais in Maric [￿ul5e House where she I'eceived excellent care from their dedicated staff. Her reguiein Mass, attended by Irpirsentatives froi Marie Louise House, celebi'ated with the ¢umiMunity in Abbey Hoiise with prdyei'ful siipport of tlie Sisters in the Dclegation, was followed by burial in Woodley cemetei'y in Roinsey. Deep appreciation and gratitude were expiEssed for Sistei s long and fruitful life as a Daughter of Wisdom and for the inany years of prayerful Irfle¢tioR that she lived whilst kn Marie Louise House

THE CONGRE4GATION OVYHE DAUCIITCI RS OFWISDOM TRUSTEES, REPORT (continued) FOR THEYEAR ENDEI) 31 DEICEMBEIll 2021 RISKS FACED BY THE CHARITY RISK REVIEW Th¢ trust¢es have exainined the Inajoi. sti'ategic, b1￿inesS and opei'ational I'isks which the Chai'ity face5 and confii'in that systems hav¢ been ¢stablished to enable regulai. repoils to be produced, in order that the necessary steps can be taken to lessen the risks. During the year a risk register. covering all the inajor risks which the Charity is able to identify was iipdated and approved by the truste¢s. This will be i'eviewed annually. A Health and Safety Policy. which includes a Fire Policy, tkas been drawn up and is iinpleinented thiK)llghout the Delegation. Following recomineDdations of the Fire Officer, a maintenance programme to deal with these is now in place. Iinpleinenting these Steps has ongoinkF fInancial iinplications. Safeguarding The Charity has in pla¢e a safeguarding policy Irlevant to its work in England, Scotland and Ireland. All Ineinbers of the Charity are familial. with these poli¢its ynd of the action required of them sl)ould any allegation of abuse be Inade to them. Each is aware that safeguarding is an integ4.al pait of the Ininisti'y they carl'y out in ilie naine of the Congregation and the Church. In coinmon with many r¢li&Fious Lharities who in the past have been involved in EduLaiion and medical or social care the Charity is conscious that it may be 5usLeptible to allegations of historic abusc. The Charity has, with the assi.%tance of its bi'oker, maintained a level of insiiranee cover that provides PTQtection against claiins or dctions arising frotn any such claiins. Safeguarding is an agenda item bt each Leadei'ship Team Ineeting. Regular update tsdining is undertaken by ineinbers of the Leadership Team in England or Ireland, as appropriale. Bach Sistei. in tlie Delegatson is regularly reminded of their responsibilities under the Delegation's and Congregation's safegu￿.dirtg Policy and is provided witli an updated version of the policy folluwing any substrdnttve changes. During ihe year the Catholic ChurLh in Eingland & Wales I'eviewed the way in which religious congregatiotis al'e supported in carrying out their safeguarding duties and responsibilities. This resulted in the e5tabli5hinent of a two new bodies.. the Catholic Safeguarding Standai'ds Agency (CSSA) and the Religious Life Safeguai'ding Scrvice (RLSSI to pi'ovide support, guidaIice and training on safeguardiiig to its members. The Trustees unaniinously agired to IEgi5tei' wilh RLSS and to make a one-off donation to support other congregations who were not able theinselves to Ineet the costs olinembtrship. This will be an ongoing service with an annual subscription. The Catholic Chui'ch in Scotland and Ir¢land are currently updating their policies, prtKedure5 and operations. lllveslment performance The Chariry continues to incur an operalin&T deficit on its ddy-to-day opei'dtions but this is expected and the trustees are fully aware of the reasons and are Sdtisfied that the charity has adequate ieserves to meet its future financial needs. In¢oJne in recent years has been suppoi'ted by the yield fi'om the chdriLy'S investinent poilfolio which in 2021 iiinounted to £286,196 12020.. £239,058)- Despite the tui'bulence in finan¢ial Inarkets in t]ie previous yeai. the portfolio recovered all of the value that it had lost and began the year slightly above the prior year's opening value. 'fhe positive pei.foi"illanL£ ol'the equity Inai'ket in 2021 resulted in Inany companies reinslating the dividends that had been cancelled during the previous year which, together with the ov¢iall inciease in rhe portfolio's value, produced the inci'eased dividejid incoinc foi. die charity dui'ing the year. The trustees of the Charity review perfoi'inance with their investment Jnanagers each quaiter against theii. i'eqiiirements for a balanced growthlincome pei'formanLe and industry benchmark5. l'hey are conteiit that foi. the tiine being at least the poitfolio has an overweight in equities against its benchniark value as they are persuaded by the investinent manag¢15' view that bonds and gilts currently repi'esent a poorer inveslinent vehicle. The'l'rustees coiiteiit that the investments pet'fonned well durittg 2021 considering all the unusual ciicuinstances that the global econoiny has ct]dured. The Trustees continue io have confidence in the investment Inonageis and on thc quality of infoi'ination pi'ovided by theTn. 10

THE CONGREGATION ofi TIIE DAUG14Tfi R.S C)FWISDOM TRUSTEEI S, REI PORT (¢ontittuedl FOR THE YEAR ENDE4 D 31 DECEIMBEI R 2021 Change of banli During the year ihe Trustees decided to irview the provider of banking serviceb in the UK. After considering a nuinbcr of alteTnativc providers the Trustees decided to Inove their Inain banking lacilities to CAF Bank, a UK based bank that was foundcd to support charities and charil¢ible activity. By the end of tlie year the applicalEon tu open accaunts with CAF Bank had bcen submitted and was linder review. In early April 2022 CAF Bank confiFJned that the (Ipplication had been approved. Woi'k is under way to coinpleie the transfer which is likely to be coinpleted by the rniddle of 2022. In due couise the accounts held with HSBC will bc closed. FINANCIALREVIF.W Re4ults for the year A suinmary of the yeai s results can be found in the Statement of Financial Activities on page 18 of this report and accounts. During the year ended 31, December 2021 total incoine ainounted to £2,281,74412020..£1,114,737). Income was gcnerally in line with expectations other than the investineiit portfolio income. as noted above. The Delegation continues to facc a declinc in recurring income as thc number ofsisters reduces.. only a few now I'eceive regular stipends aiid none rcceives a salary. The value of funds on the balancc sheei al'e also affect¢d by the inovement in the pound.. euro exchange rate. funds held in euros h1( ve been used durinL' the year to Inake donHtions to the Congregation and other donations in non-%tei'ling cui'rencies. and therefore Ininimal gains or10s5es have cryslalised during the year. Funds, principally the PToceeds of %ale of the Ciegg site, haye also been transfei'red from euros LO Sterling during the year tts meet the Charity's cashflow needs. Expenditure of £1,909,316 12020'.£1,666,922> iJ)¢lud¢ a donation of £198,000 toward5 the Congregation's construction of a fonnation house in Haiti. Th]'oughDUt the year, a nuiiibei" of Sistei's were resident in Marie l.ouise House, for which a fee is paid to the home's Inanaging company. HealthcaiE Mat￿ge]￿ent Ti"ust' the average nuinber of Sisters rcsid¢Dt in Marie Louise House in 2021 was five. The slltplus of income for the year was, theirfoie, £372,428 {2020.. deficit £552,185). Inve5thJent gains this y¢ar amounted to £1,296,447 (2020.. £289,561). Income during the year was b005ted by the sale of a pj'operty in Ireland, and ¢xpenscs were reduced as a result of capital expenditure project5 being delayed. The Leadership Teain resolved during 2016 that any coiiiinunities that receive fiiiaiicial 5UPPOrt li'om the D¢l¢gation foT Iheir ongtsing living Costs should no longer reinit to the Delegation a portion of fi]nds lield by them at the ¢Jd of the year. Cominunitics ihai continue to have in¢ome gi'eater ihaii tlieir need5 Still reinit ihrec quarters of theii. year-end surp1115 to %upport other cornmut)ities in the Delegation. The number of cominunities whose incoine is greater tlian they need ha5 dropped draiiiatscally in recent years, while the nuinber of ¢oinmunities supported by ¢entryl (unds is increasing. Financlal position 8nd reserves policy FinaKcEfilposilio At the end of the year to 31 Deceinber 2021 the total funds of the Charity were £20,892,74912020.' £19,223.874). Of this soime £8.6 Inillion is repi'esented by PToperties and othei. tangible fkxed assets essential foi. tlie support and work of thc Sist¢r8. £9.5 million was designated to meet the coinmitinejit to provide ft>r the care of the older members of the Chai'ily, which is part of thc puipose of the Cliai'ity. In 2018 the Ti'ustees agired to diaw down froin thc ￿nd to covcr a p011ion of the nursing home fecs for Sisiers of the Delegatioii. Funds expended fi'oiii the De5ign£lt¢d Reseives totallcd £154,656 (2020.. £117,335) being 500/n of tht relevant fees with tlie balance beiiig Inet froEii general futtds. Nonetlielcss tlic Trustees are re8olv¢d to TC%toie the valuc of the fund to at least ils previous level as and wlien fuiid5 becoihe available in order that the care and health lleeds of the Sist¢l'5 of the Delegation can be iiiet in tlie future as i'equiird.

THE CONGREIGATION OFTHE DAUGHTEIRS OFWISDOM TRUSTEES, RCI PORT (contiiiueil} FOR THE YEAR ENDEID 31 DECEMBER 2021 FINANCIAL REIVIEW {eontlnued) Rueiwespolicy This r¢port deinonstrate5 the Tange of activities which the Chai'ity continues to Carry out and the responsibility the Charity has for the care and support of its meinber5. All th¢ Sisters have devoted the whole of th¢ii' working lives to the Congregation and are dependent upon it for all theirtemporal material needs. Although SisteTS invariably continue to perform chai'itable work long past norinal retirement age if they are healthy enough to do so, the work is Inainly llon-remunei'ative and the Delegation Inust pi'ovide for their needs and in some cases nursing care. The Trustees have examined the need for free reseives i.e. those unrestricted funds not invested in tangible fixed assets, designated foi. Skycific purposes or otheiwise cominitted. I'he I'rustees consider that, given the nature of the Charity's wo] and its coillinitments, the level of free Teserves should be not less than twelve months expenditure. At 31 Decembei. 2021 free resei'ves represented some 22 Inonths of expenditure, which the Trustees believe 18 sufficient taking into account current plans and anticipated inflow of funds froin disposal of PlDperties that are likely to Inaterialise in the next 12 to 24 months. Key managemellt p¢r50niiel The Trustees have identified the General Manager, the Finance Manager and the Wisdom Centre Manager as the key management personnel for the Charity as ihey diiectly influence day to day operation of the whole organisaiion and its main mission activity respectively. Total salary paid to these personnel was £133,389 in 2021 {2020'. £132,795). The pay for these posts is set prioi. to appointment of the individuals paying partitular itgard to the Inarket raie for equivalent posts in other charities and non-charitable organisations. A pay review for all Ineinbers of staff, including key manageinent personnel, takes place annually during the budgeting cycle and is set pi'ineipally with reference to cost of living and inflationary pressures balanced against the Charity's prudent management of its resources in ihe context of a deficit budget. In 2021 the salary review resulted in an across the board inci'ease of 3.5D/o for all staff salaries from Januaiy 2022. PLANS FOR FUTURF, PF.RIODS Within the framework of ihe Guidance on Public Benefit, the Chariry works for the'.- Advanceinent of I'eligion Advanceinent of education Advanceinent of humart rights, conflict resolution and reeonciliation Promotion of Ir$pect foi. the gift of Creation DuTing the coihing yeai. and for the two subsequent y¢8rs the mission of the Congregation will b¢ ¢attied on under the banner of thc theme ofthe Generdl Chapter"Love without bordei'slJ This will be the prineiple guiding all meinbers ofthe Congr¢gation as they Strive to rnanif<%t in their lives the tran5fonning love of Cyod cxpre%8cd thix)ugh theii. Wisdom chari%in. During 2021 the Chai'ity will'.- Continu¢ thc inv¢stment of further tiine, effort and resources into the ongoing spiritual alld human development of the Sistei's for rnission. Continue the development of the use of the Wisdo1￿ Centre, Romsey, alongside the use of the Labyrinth and other gardeiis which air open to the local ¢oinmunity. Continue to furthei the Inission of the Congregation intei'nationally through serving as Executive Director of UNANIMA Intemational and <iS Assistant DireLloi' of the DevElopinent Office. Jointly with (IthercongrLgations and agencies develop the work of Sophia, Ireland, to promote the humanity and dignity of homeless and mai'gilldlised p¢ople. Continue to review the Delegation property portfolio and dispose of surplus propeity. Review ils financial Inanagejnent, in particular its investinent stiategy and the designation of ￿ndS forcare of its eldei'ly Ineinbers Parlicipate in tlie I'eview of safeguai'diiig pi'actice foi. religious ordeiB within the Catholic Church to ensure that the Delegation's practice stays ¢urrenL relevant and up to date 12

TFIE CONGREGATION OFTIIE DAUGHTERS OFWISDOM TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 INVFSTMENT POLICY I'he Charity has a discretionaiy investment illanagement agreement with Brcwin Dolphin. Tlie Tn]stees ineet with the fund manager5 once every thiEe to foui. iiionths and ensuir that the fund is inanaged in accordance with their wi'itten guidelines and with the religioiis and ethical pi'incipl&% of the Charity. The investin¢nt i)bjectives aiE'.- to gener&te enougli incoinc to fund for tlie foreseeable future that part of the Chai'ity's ongoing activitie5 ¢urrently fundcd by invcstinent income to maintain the real capital valuc of the inv&%tment fund in the long term {b} Asset allocation is benchmarked against the FTSE All Share Index weightings. At the start of the year after a very turbulent year in 2020 the portfolio opened with a value of £9,855.167. £235,486 ahead of its opening value 12 Inonths eai'lier. The equity market Continued its usual, and Inore noi'mal, series of ups and downs thi'ough the year and having achieved gromrth of over £lm ended the year at £1 1,097,13 l. This was prior to the fuel pi'ice crisis and the invasion ot'uknaine by Russian foices that both had a negative effect on global stock markets. By the end of March 2022 the porttolio had I'educed in value to £10,616,803. The trustees continue to have evel'y confidence in the investment Inanagei's to assist them in achieving thell. goal of a balanced 'owrth and yield portfolio to support the Sisters, needs and mission in tstuir years. P05t balance Sheet eveiit5 After the year end but pi'ioi. to the signing of the accounts the charity was informed by the Healthcaie Management Trust that it would no longer be proceeding with the purchase of Marie Louise Flousc and the consts'uction of the planned extension. They will howevei. continue to opci'ate the caiE home under thc terms of the current lease and arc ¢omtiiitted to providing the same high quality cair to re5ident5. Consideration is being giveii by both parties to the longer terjns plans for Marie LoEiise 14oiise and a new plan will be foi'inulated in due coui3e. STATEMENT OFI'RUSTEES, RESPONSIBILITIES The Ti'ustees are responsible for prepai'ing the TRistee5' Annual Report and the financittl 5tateillents in accord8nce with applicable law and United Ilingdoin Accounting Standard5 (Financial Reporting StandaTd 102). Chai'ity law requires the I'rustees to pitpare accounts for each financial year which give a true aiid fail. view of the state of affairs of tlie Charity at the yeai. end and of it5 Incotne and expenditure dui'ing that year. In preparing tlie account5, the Trustees are i'equiied to:_ select Suitable accounting policies and apply them consistently., obsei've the Inethods and principles of the Charities SORP. Inake judgements and estimates that are re&sonable and prudent. state whether applicable accounting standaiyls and statements of recominended practice have been followed, subject to any depailures disclosed and explained in the accounts; prepare the accounts on the going concern basis unles5 It is inappropi'iate to pre5uine that the Cliarity will contiiiue in operatioii. 13

THf, CONfJRE4fFATION OFTHf. DAuc.HTfi R,$ OFWISDOM TRUSTElrS' RF.PORT (continued) r4OR THE YIIAR EINDF.D 31 DF.C.F.MBER 2021 STATkMLNT OFTRUSTEEI S, RESPONSIBILITIES (continued) 'rhe Trn5t¢es ar¢ I'esponsible for keeping accoiinting iEcoi'ds which disclose with reasonablc accuracy the financial position of the Chai"5ty aiid which enable thein to ensure that thc accounts coinply ivitli the Chai"itlC5 Act 2011, the Chariry (Accounts and Repoits) RebFulations 2008 and Ihe provisioii.% of Ihe'fi'ust Deed. I'hey are also responsible for safegiiarding the asscts of the Chai'ity aiid hence for taking reasonable steps for the prevention and detectioii of fraud and other irirgularities. Approved by the Trustees on 30 June 2022 and signed as authorised on their behalf by.. Sistei. Maureen Seddon D. W. Delegation Leader Trustee 14

JNDF.PF.NDF.NT AUDITOR'S REI PORT TO THE TRUSTE4 ES OF THE CONCREGATION OF THE DAUGHTEIRS OF WISDOM OpiiiioR We have audited the fitiancsal statenients of the CO￿￿'t8atioft of the Daughters of Wisdom foT th¢ yeai. ended 31 December 2021 which compi'ise the %tateinent of fiiiancial ALtivElics, the Balance Sheet, the Stateinent of Cash Flow5 and the Tclatcd notes to the financial statcinciits, including a suininary of Significant accoLtnting policies. The financial r¢poiting framcwoi'k that has been applied iti thcir prepaiatioii is applicable law and Ui)ited Kingdom Accounting Standards, including billaiicial Reporting Standard 102 ThÉ I,inllnciul Repoi'fing StandaF'd upplicable in rhe UK and Repiiblic of li.ela￿d {Unitcd Kingdom Generally A¢cepted Accollnting Practice}- In oui. opinion, the financial stat¢inents'. give a Iriie and fair view of the state of the charity's affairs as at 31 December 2021 and of the charity's net moveinent in funds foi" the yeai. then ended; have been properly pj'epared in accordance with the I'equiieinenis of the Charities Act 2011 and the Charities and I'rustee Inveslinent (Scotland) Act 2005 and regulation 8 of the Charities Accounts (S¢otland) Tegiilations. Basis for opinion We have beeli appointed as auditor undersection 144 of the Charities Act 2011, and section 44(IXe) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Acts and relevant IEgulation8 Inade or having effect thereundei.. We conducted our audit in accoi'dance with International Standai'ds on Auditing (IJK) (ISAS (UtQ)) and applicable law. Oui. I'esponsibilities under those standai'ds are fuitherde5cribed in the Auditor's iesponsibilitios for the alldit of the fiiiancial slateinents section of oui. IEport. We air independent of the chai'ity in accordance with the ethical requircmcnts that are relevant to oui. audit of ihe financial statements in the UK, includiiig the FRC'S Ethical Standard, and we have fulfilled oui. othcr ethical i'esponsibilities in accordance with these requirements. We believe that the audit evidence we haye obtained 18 %ufficient alld appropriate to provide a basis for our opinion. CoTrelu5ions relating to Roin% concern In ltuditing the financial stateinents, we liave concluded that the trustees, use of the going concern basis of a¢countEng in th¢ piepardtion of the finan¢ial stateinents is appropriate. Based on the work we have performed, we have not identified any matei'ial uncertainties I'elating to events or Conditions that, individually oi. collectively> Inay Last significant doubt on the chaTity's ability to continue as a going concom for a pcriod of at least twelve Inonths from when the financial stateinents are authorised for issue. Our responsibilities and the iEsponsibilities of the trustees with irspect to going concem are described in the relevant s¢ctions of this I'epoil. Ollier infoi'matioD Tl)c trustets <ire responsible for the other information. The other informat%on coinprEses the inforniation incliided in thc Trustees, RcpoTt. Our opinion on the financial stateinents does not covei. tlie other infoi'ination and, except to the extcnt otheTWlSe explicitly stated in our re￿rt, we do not express any forin of assurance conclusion thereon. In connECtion with our audit of the financial statements, our respollsibility is to read the other inforination and, in doing $0, cunsidei. wlietheT the othei" snforInation is materially inconsistent with the financial 5tateinents tsr oui. knowledge obtained in the audit OT othei'wi5e appe3l'S to be materially misstated. If we identify such InateTial inconsistei)cies or apparent material Inisstateinent5, we aiE requii'ed to determine whethei. the¥e is a inaterial inisstatement in the financial stateinents or a matei'ial tnisstateincnt of the other infoi'ination. If, based on the work we have perforjned, we conclude that there is a material Inisslateinent of this other infonnation, we are I'equiied to repoit that fact. We have nothing to ieport in this regard. Matters on ivhich we are required to report by exceptio Wc have nothing to ieporl in respect of the following niatters in relation to which the Charities (Accounts and Rcport5) Regulations 2008 lind the Chai'ities Accounts (Scotland) Regulations 2006 requirc us to irpoil to you if, in our opinion.. adequate accounting records have llot been kept by the chai'ity; or sufficient and pi'opei. a¢counting records have not beeli kept,. oi. the charity financial stdteinents are not ID agieetnent with the accounting IEcords and retums; or we have not received all ihe infoi'jnatioj) and explanations we requiir foi. oiii. aiidit. 15

INDEI>ENDENT AUDII"OR'.S REPOIIT TO THE TRUSTEE4S OF THF, CONGRF.GATION OF THE DAUGHTERS OF WISDOM (¢ontinued) Respoijsibilities of trustees for the finanei#l stateiJJ¢nl$ As explaitjtd Inore fully in the Iiustees, IEsponsibilities slat¢inent set oiit on pag¢ 14, the tT115tees are responsible for the PTeparation of ihe financidl stateinents and foi. being satisfied that they give a true and fair view, and for such intei'nal conth'ol as the trusttes deterinine is necessary to enable the pirpaiztion of financial statements tliat are fire fi'om material misstateinciit, whetheT due to fraud OF ei'ror. In PTeparing the fjnancidl sldtements. the trustees are responsible foi. assessing the charity'5 abili(y to continiie as a going concern, di5closin& as applicdble. Inattei's related to going coiicei'n and iising the going Concern basis of accounting unless the trustees either Iritend to Ilquidate the chai'ity or to cease opeiztions, oi. have no realistic alteijiative but to do so. Auditoi. s responsibilities for the audit of the financial stal¢nients Our objectives are to obtdin redsonable assuiance about whether the financial stateinent% as a whole are free from matCTial mi%statement, whethej. due to fi2ud or eiJ'or. and to issue an auditOF'5 report that includes our opinion. Reasonable assurancc is a high level of assurance, but is not a guai'antee that an audst conducted accordance with ISAS (UK) will always detect a material Ini%%tatement when it exists. Misstatements c3n ai'ise fToin fiziid or ei'iY>i' and are considered Inaterial if, sndividually or in the aggiEgate, they could Teasonably be expected to influence the econotnic decisions of user% taken on the basis of these financial stateinents. Irregularities, iiicluding fraEtd, al'e instances of non-coinpliance with laws and regulatEon5. We d¢sEgn piDcedure5 in line with our IEsponsibilities, Outlined above, to detect Inaterial Inisstatements in respect of ilJEgularities, including fraud. The extent to which ow. pi'oLedures are capable of detecting ittegulai'ities, including fraud is detasled below: Based on oui. uiide13tandiJig of the charity and tlie environment in which it operates, we identified that thc priiicipal risk8 of non- Loinpliance with laws and regulatioi)s i'elated to health and safety regulations, tinployment law, safcguai'ding iEgulations and Chai'iiy law, aiid we consideied the extent to which non-coinplignce might have a Inatei'ial effect oil thc financsal statements. We also considered those laws and regulations that have a direct impact on the prEparatson of the financial stat¢Fnents such as the Charities Act 2011. We evaluated Inanagement'5 incentives and oppoi'lunities for fi'audulent inanipulation of the financial statements (ineludÈng the risk of override of contro15), and determined that the pi'incipal risks wtre related to depreciation charg¢s. Audit pi'ocedures perfoi'ined by the eiigageinent teain included.. Inspecting minutes ofTrustees' meetings- Reviewiiig calculation5 for depreciation including reviewing estimated useful economic lives. Inspecting correspondence with regylators and tax authorities- Discussions with Imanagement including consideration uf known or suspected instances of iion-coinpliartce with laws and regulation and fraud. F.vgliiating Inanageincnt's controls designed to prevent and detecr irregulai'ities,. Identifying and te8ling journals., Reviewing valuations of investinents. and Challenging assumptions and judgements made by management irt their critical accounting estimates. Becaiise of the inherciit IiTnitations tsf an dudil, there is a risk that we will not detect all ii'regulai'ities, inLludin¥ those leadiiig to a material misstatement in thc financial st¥ieinents oi. noll-coinpliance with regulation. This I'isk in¢reyses the more that compliance with a law or regulation is removed froin the events and transactions IEflected in the fiiiancial slaternents, Hs we will be les5 likely to becoine aware of illstances of non-compliance. Tlie ri%k is also greater regarding iriEgulai'ities QCCUTring due to fraud rather than ei'i'oi., as fraud involves intentional concealment, forgery, collusion, omission or InisrepiEseiitation A further description of OUT responsibilities for the audit of the financial staieinents is located (Fn the Financial Repoiting Council'.$ website at.. www.frc.oi' .uklauditOl'Si'es onsibilitic This description forins pajt of oui. auditoi s repoit. 16

Use of our report 'I'liis repoi'l 15 Inade solely to tlie cliai'ity'g ts'ustec%, as a body, in accordanc¢ with section 144 of the Chai'ities Aci 2011 and IEgulatlOllS El)ade under s¢ction 154 of that Act, aiid scctioii 44{1)(cl of the Chai'itic% and Trustee Iiivestinenl {Scotland) Act 2005 and Tegul(Itiuii ID of tlie Charities A¢eount% (%cotland) Ilegulaiions 2006. OUY audit work has been underiaken so that we Tnibylit state lo the Charity's ts'ustees those inattei% we aiE required to state to them in an Auditows report aiid for no oihei. pui'pose. To the fullest extcnt pcrinitted by law, wc do not accept Ol. clssume wspon%ibility io anyoiie otliei. thdn the chai'ity's truslees as a body for oui. aiidit work, f(kr thi8 report, oi. for the opinion5 we have foi'ined. Hdysniacintyre LLP Statuloi'y AuditOl"5 Date.. 30 June 2022 10 Qiieen Stitet Place London EC4R IAG haysmacintyre is eligible to act as an auditor in terins of sectioi) 1212 of the Coinpanies Act 2006 17

THf CON(:REI GATION or'rHE DAUGHTFRS or WISDOM PROVINCE ()r (:RE4 AI. BRI'fAIN AND IIIEI LAND STATEI MENT OF filNANCIAL ACTIVITIES VOR THC YEAR ENDEI D 31 DECEMBER 2021 Unrestrieted Funds General Total 2021 Total 2020 Note5 Ineome from: Donatioiis, legacies and grants Chai'itable activities Investinents Othei. 17.719 495,934 589,816 1.160,595 17,719 495,934 589,816 1,160,595 50,085 527,037 445,745 91,870 Total ineome 2,264,064 2,264,064 1,114,737 Expenditure oll: Raising funds Chai'itable activities Communities . EduLaLion Missions and giants Dev¢lopment costs 51,534 51,534 44,968 1,332,253 1,870 218,091 133,234 154,656 1,486,909 1,870 218,091 133,234 1,435,864 3,463 96,049 86,578 Total expenditure 1,736,982 154,656 1,891,638 1,666,922 Net incumel(¢xpendiÉure) before net gaSiis on investments 527,082 (154,656) 372,426 (552,185) Net gains on investments 1,296,447 1,296,447 289,561 Nct incomel(expellditur¢) 1,823,529 (154,656) 1,668,873 1262,624) Transfeis beiween funds Nct movenient5 in funds 1,823,529 (154,656) 1,668,873 1262,624) Total funds bi'ought forward at l January 2021 10,253,924 8,969,950 19,223,874 19.486,498 Total funds carried forward 2t 31 December 2021 12,077,453 8,815,294 20,892,747 19,221,874 The stateinent of fin4n¢ial aLtivities ineludes all gains and losses recognised in the year. All income and expetLditure derive froin continuing activities. Details of eompai'atlVE figures by fund are disclosed in note 13.

THF. CONC.REIGAI'ION ofi THF, DAUI"HTERS OF WISDOM PROVINCE OF GIIEIAT IIRITAIN AND IREI LAND BALANCE SIIEEIl' AS AI. 31 DECEIMBER2021 2021 2020 Notes FIXED ASSETS Tangible assets Investments 8,612,284 1,108,429 8,865,968 9,862,467 19,720,713 18.728,4.35 CURRENT ASSETS Debtoi's Cash at bank and in liand 41,904 1,460,630 43,549 847,109 1,502,534 890,658 CREDITORS: amounts falling due within one yeai. (330,500) 1395,219) NET CURRENT ASSETS 1,172,034 495,439 TOTAL NET ASSETS 20,892,747 19,223,874 FUNDS UnrestTiCted Funds General funds - Designated Funds 12,077,453 8,815,294 10,253,924 8,969,950 10 20,892,747 19,223,874 Approved by the TrLtste¢s on 30di June 2022 and signed a5 authorised on their behalf by.. Sistei. Mauieen Seddon D.W Delegation Leadei. Trustee Tl)e accompanying notes fom part of these accounts. 19

THI CONGRE4CyATION OF THE DAUCHTII RS OF WISDOM I>ROVINcf. OF CyRF.AT BRITAIN AND IRELAND ,8TATEMF.NT OF CASH FLOWS FOR THf YEI AR EI NDII,D 311)F.cf¢ MBER2021 2021 2020 Cash nows from operating activities: Jvel cusliprovided by (used iii) operffiliiig tscllvilies (1.120,600) (656,703) Cash Ilows from tiivestiiig activities: Dividends, interest and I'ents from inv¢stin¢nts Proceeds fi'oTn the sale of property. plant and equipment Pui'cha5e of piK)perty, plant and equipinent Proceeds froin sale of investinents PuTcliase of investments Movement in cash held by investinent managers 589.816 1,101.494 (7,674) 2,329,064 (2,021.883) {256,696) 445,745 6,040 (18,260) 710,318 (569,905) (95,638) Nei cftsli provlderf bj, (iiseil iii) iiiv£51iiig llclivilies .734,121 478.300 Change in cash and cash equivalents in the reportiTLg period 613.521 (178,403) Cash aiid ¢#bh equivalents al Ilie beginniiig of the reportsng peiiod 847.109 1,025.512 Cash and eash equivaletJt$ st the end of the reporting period 1,460.630 847.109 2021 2020 Reconcilidtivn of net incomel(expenditiire) to net ea5h tlow fi.0￿ operatin¥ #elivilies Net incoinel(expenditure) for the reporting period Deprecialion ¢harge Gainb on sale of fixed assets Gain5 on investinent5 Divideiids, interest and Irnts frotn investments Decrea5d(increase) in debtl)TS IDecTease)lll)crease in creditors 1.668,873 260.014 (1,100,150) (1,296.447) (589.8 16) 1.645 (64.719) (262,624) 263,800 (2,840) (289,561) {445,745) 48,353 31,914 Net cash (used in)/provided by iiiyesting aetivilies (1.120.600) (656,7031 Analysis of cash and cash cquivaleiits 2021 2020 Cash sn hand 5.460,630 847,109 Total casli and cash equival¢nls 1,460,630 847,109 20

THE CONGREGATION ofi TIIE DAUGHTfi,RS OF WISDOM PROVINCE OF GRf4A'f BRITAIN AND IRCI LAND ACCOUNTING POLICIES FOR THE YEAR ENDED31 DECEMBER 2021 Ba$is of prcpar81io The financial staiements have been prepai'ed in accordance with Accounting and Reporting by Chai'ities: Statement of R¢comittended Pixctice applicable to charitiLs pieparing theii. 2CCOUTlts in accordance with the Statcinent of Reeoininended Pia¢tie¢ for Charities (SORP 2015 Second Edilionl and the Financial Reporting Standai'd applicable in the UK and Republic of Iieland (FRS 102). The charity constitutes a public benefit entity as defined by FRS 102. A5seiS and liabilities are initially re¢ogDi5ed at historical cost or transaction value unless otherwise ststed in the relevant accounting policy notes. Prep*ratlon of aceounts on # golng e(Trnetrn basis 'I'he truste¢s ¢on5ider there are no Inatei'ial unctitainties about the chai'ity's ability to contiiiue as a going eoncei'n. The year just ended is chara¢terised by periods of di81'uption aloiig5ide pei'iods of norinal activity for the Charity. J)uring the year the charity benefited froin th¢ ongoing furlough ￿'ant for Televant Staff dnd a significant increase in the value of its listcd investinents Ihat covered the operating losses thai li had fully expected. The trustees believe it is &ppropi'iate for the going ¢on¢ern basis to ftpply io the charity. The review of the chai'ity's financial pei'fortnance dnd reserves position gives the trustees every confid¢ncc that the charity remains a going cuncern for the foreseeable future. Covenanted salaries and pellsion$ Members. salarios, pensions and superannuation are received undei. deeds of covenant and are stated inclusive of income tax but net of any deductions for trish ￿XatIOn, social security payments and conth'ibiition5 to occupational pension 5¢h¢rn¢s. Donations and legacies Donations and legacies are recognised when receivable or when the Charity become5 legally entitled to them. Receipts of propeny. investinents or other gifts in kind are iii¢luded at InaTket value. Olhei. ineome All other incoine is accounted for when the charity becomes entitled to the income and the a￿oUnt can be quantified with reasonable accura¢y. F.xpenditure Expenditure on raising fi]nds consists of investment Inanageinent costs. Ch8ritable expenditure consists of all expenditure relating to the objects of the Chai'ity. All costs are directly attributable to th¢ activities under which they have been analysed. Inycoverable VAT is included with the category of expense to which it relates. Tangible fixed a.%5ets I,and and buildings are stated at a Tiustees, 1991 valuation plus subsequent additions at cost, allowance being made whcir buildings have been demolished. All othei. assets aiE iiicluded at cost. Depreciation is calculated by the 5trdight line method to writ¢ off the cost/value, less anticipated residual value, over thc expwted U5¢fi1 lives of assets as follow5. Depreciation is not provided on buildings under construction until they are Col￿pleted and bought into use. Freehold and long le3sehold buildings Fui'niture and equipment Ctsinputei. eqiiipinent Motor vehicles 50 years 3 to 15 years 3 yea13 415 yeais 21

THE CONGREC.ATION OF THE DAUGHTERS OF WISDOM PROVINCE OF GREAT BRITAIN AND IRII LAND ACCOUNTING POLICIES (Continued) FOR THC YEAR ENDED 31 DECCI MBER 2021 liivestment5 Qiiotcd invcstm¢nts arc v@lued at their Closing iniddle Jnarkei price on the balance sheet ddte and the gaill or 105S taken to the Stateincnt of Financial Activities. In addition, the ChaTity has established a pension schcme for ce11ain Sisters. The schtme is a deferred aiiiiuity Lontract whereby a ¢￿'taIn giiaranteed sum is payable to the charity at a fixed future date. No value Cdfi Teadily be dttribuled to tlie contTaci as fiiture reiurns arc d¢p¢ndcnt on bonuses whicli in tuiTr depeiid on investment retuijis and inf]dtion. Theiefore tlie asset included in the balance sh¢ct in irspect of thi8 seheine i.s valuLd on ihe basis of pieiniujiis paid lo dale in IEspect of Sister5 Still in the scheme. Receipts on matui'ity are crediied to the Stateinent of Financi¢il Aclivities net ol'the relevant pi'einiuins. A15 movements in value are Shown in the Statement of FinanLial Activities. Designated fiiiid5 'I'hc trustccs have designatcd ￿ndS out of the unre.£trictcd funds to provide for tlie Chai'ity's coIiiinitment to provide foi. the retirement and care in old age and Sickness of the Charity's mcinbers. Luinp suins ieceived fix)m Ineihbers, occupatioiial peiision scheme5 upon their retirement and transfers froin general funds are credited to this fund together with incoine genei'ated by designated investments. ioreign currencies Transactions in foieign currencie% a]t translated at rates PTevailing at the date of the transaction. Balances denomillated in foreign cuiirncies k)re iranslated at thc rate of exchange PTevailing at the year end. Any exLhange differences arising fi'oill the translation arc dealt with in the Stateincnt of Financial Activitie5. Pensi(bn scheme Contributions aie made to a defined contribution pension scliem¢ for staff. The contributions are chai'ged to the Stateinent of finaiicial Activities whcn they becnine Pdy(Ible. Critieal aeetbunting judgements and key source% of estlmation uncert8inty In the application of the accoiinting policics, trustees are required to mdke jiidgeinent, estimates, and a55UIJLPtions about the cai'iyingvaliic of assets and liabilitie.s that are not readily appgrent froin other soui'ces. The estiinaLes aiid underlying assuinptions are t)as¢d on hEstorical experience and other factors that are considered Lo be relevaiit. A¢tual i'esult5 in(Jy differ frojn these estimates. The estiinates and underlying assumptions 8Te reviewed on an ongoing basis. Revisions to a¢countiiig estimates are I'e¢oBnised in the p¢riod in which the esliinatc is revised if the revision affects only that period, or in the pei'iod of the revision aiid fi]￿l'c periods if the revision affected cui'irnt and future periods. Judgements made by the trustees. in the applicatiun of these accounting policies that have signifjcant effect Dn the finaticial statcments aiid estimatc% with a significant risk of Inaterial adjustinent in the next yeai. al'e deeined to be iii relation to the depieciation ralos of taiigible fixed asseÈs aiid ale discussed above. In the view of the trustees, no assumptions ¢oncerning the future or estimaiioii unLerlainty affecting assets oi. liabilitie5 at the balance shcet date are likely to result in a Inaterial adjustment to their cwrying dmounts in ihe next fijiancial year. 22

THE CONGREGATION OFTHE DAUGHTP.RS or WISDOM PROVINcf. OF GKEIAT BRITAIN AND IIIF.LAND NOTES TO THE FINANCIAL STATEMF,NT8 FOR THE YEAR ENDED 31 DECCMIIF.112021 DONATIONS AND LEGACIES 2021 2020 Donations Furlough grants 1,553 16,166 2,565 47,520 17,719 50,085 OTHER INCOME 2021 2020 Othei. income Gains on disposal of fixed a5set5 (see note 6) Exchange rate gain 60.445 1,100,150 57,732 2,840 31,298 1,160,595 91,870 EXPENDITURE Salarit5 Depreciation Other 2021 2020 Ruisiiigfiiiifl5.' Investment tJldnager's fee Clidrilmhle ftclivilies.. . Communities Education . Missions and ¥Yants Development costs 51,534 51,534 44,968 295.567 260,014 931,328 1,870 218,091 94,881 1,486,909 1.870 218.091 133,234 1,435,864 3,463 96,049 86,578 38,353 333,920 260,014 1,297,704 1,891.638 1,666,922 2021 2020 Missions and chltritable graiits coinpTiSe'. Geiiei'alale of the Congi'egation Alins and other charilable donations 198,030 37,739 42,150 53,899 235,769 96,049 Expenditure includes- Auditol s reinuneration audit fee 14,000 13,500 23

THE CONGREGATION OF THE DAUGH'fEI RS OF WISDOi¥q PROVINCC OF GREAT IJRITAIIY AND IRELAND NOTES TO THE FINANCIAL STATEMfi NTS {coiitinue(l) FOR THE YEAR ENDED 31 D£CEMBL¢R2021 I XPF.NDITURF. (¢ontinued) Comparative anAlysis 2020 Salaries Depreelatlon Oth¢r 2020 RffiJiii%fiiii(l.f.' Investtncnt manager's fee Cliiirilnljle aclivilies.. Cominunitie5 F,ducation Mission5 and Erantg Development costs 44,968 44.968 320,211 263,800 851,853 3,463 96,049 40,474 1,435.864 3.463 96,049 86,578 46,104 366,315 263.800 1.036,807 1,666,922 STAFF COSTS 2021 2020 Wages and salaries Social security Other pension costs 301.351 20,167 12,402 333,342 20,278 12,695 333,920 366,315 2021 Number 2020 Number The average number of cmployees in the year was- 24 27 No employee received in excess of £60,000 in either year. Total remuneration for key manageinent personnel for the year was £133,389 {2020.. £132,795). TRANSACTIONS WIT14 THE TRUSTF.F.S 'rhc Tiustees of the Chai'ity al'e all incmbers of a Religious Ordei.. They have taken vows of povei'ly under which they renounce all rights to a personal income and asseis. They are therefore entii'ely dependent 01) tlie chat'ity for all their living expenses. The Trustees do not receive any payments or benefits for carrying oiit theii. duties other thali their living expenses which are met by tlie Charity, which they receive in theii. cupacity as inembei's of the Religious Order. The charity owns a property which is let to the siblillg of one Injstee at a fair market IEnL No rent was owing at the year end. 24

THE CONGREICATION OF THE DAUGHTERS OF WISDOM PROVINCE OF CRfi AT BRITAIN AND IRELAND NOTES TO THC FINANCIAL STATEMENTS {eontiiiued) FOR THE YEAR F.NDF.D 31 DEICEIMBER 2021 I'ANGIBLE FIXED ASSF.TS Freehold Lsiid And Bulldings NuJ'5lrtg Ilome

nil

WKsdom Hou8e Fui'nitui'e tld Fittings Motor Vehicles Gencrl Abbey House Tot1 COST (JII VALUATION At l January 2021 Addition Disposals 1,682,478 3,700,967 6,792242 615,274 7,674 105,478 12,896,439 7,674 12,236) (2,236) At 31 December 2021 1,682,478 3,700,967 6,792,242 622,948 103,242 12,901,877 DEPRFCIATION At l January 2021 Charge for year Disposals 698,182 33,650 566,426 74,019 2,089,206 135,847 589,361 10,178 87296 6,320 {892) 4,030,471 260,014 (892) At 31 D¢¢embcr 2021 731,832 640,445 2,225,053 599,539 92,724 4,289,593 NEIT BOOK VAI,UF. At 31 De¢embcr 2021 950,646 3,060,522 4.567,189 23,409 10,518 8,612,284 At 31 December 2020 984,296 3.134,541 4.703,036 25,913 18,182 8,865,968 Included in General Frcchold Land and Buildings above are leasehold buildings with a cost of £281,9118nd net book value of £140.654. The depreciation charge during the year was £5.639. ThcTe were no additions or disposals dui'ing the year. 25

TIIE CONC.RfiCJATION OFTHE DAUC.HTERS OF WISDOM PROVINC:F. 01,. C,IIEAT IIRITAIN AND IRELAND NOTES TO THE FINANCIAL STATEMENTS (contiiiued) FOIITI.Ir. YEAR F,NDF,I) 31 DEICEIMBER 2021 INVESTMENTS 2021 2U20 Opening inarkel value Additiuns Disposals (sale proceeds) Net iiiveslinent gains Moveinents ui cash 9,862,467 2,021,883 (2.329,064) 1,296,447 256.696 9,617,681 569,905 (710,318} 289,561 95,638 Closing Inarket value 11,108,429 9.862,467 Cost of investtnents - At 31 Deceinber 7,936,489 7,141,560 Analysis ofinvestmeiits Held Quoted Investinents Unquoted InveslmeDts Total 2021 Total 2020 Quoted Investmet]ts'. Governinent Stocks Unit Trusis and Investment Trusts Ordinary Shares Property 1,158,175 ,505,100 7,480,658 499,308 1,158,175 1,505,100 7,480,658 499,308 1,088.141 960,882 7,227,385 381,492 Unquoted Investinent5'. Pension Scheme Defened Annuity Lontl'8Cts Portfolio Cash 25,359 439,829 25,359 439,829 21.434 183,133 TOTAL INVESTMENTS 10,643,241 465,188 11,108,429 9,862,467 Inveslinent Inconie 2021 2020 Listed investmenls Portfolio (ind other cash and bank deposits Rental incoine 286,196 109,031 194,589 239,Q58 205,356 589,816 445,745 26

THE CONGREIGATION ofi THf, i)AUC.IITF,RS OF WISDOM PROVINCE OF GIIF.AI' IIRI'I'AIN AINI) IRF.LANI) NOTES TO THE FINANCIAL STATF.MENTS (eontinucd) FOR THE YEAR ENDFD 31 DECFMBER 2021 DF.B'foRS 2021 2020 Atcrued income Sundi'y debtors and prepayjnent 18,002 23,902 14,503 29,046 41,904 43,549 CRfi,DITORS: amounts lalling due within oiie yeai. 2021 202U Aintsunts held on behalf of Sislers Othci. creditors and accruals 263.207 67,293 266,306 128,913 330,500 395,219 io. DF.SIGfiATED FUND Retirement Fund Thi5 fund has been designated to provide foj. the Cliarity's commitment to provide foi. the retirement and cair in old age and sickness of the CongiEgatiun's ￿emberS. Lump Sums IEccived froin Tnembers, occupaiional pension s¢heines iipon their rclireinent and transfers froin General Funds al'e ci'edited to this fund. A review of the Coiigregation's Ineinbership has illdicated that a fiind of at leJ5t £9.5m would be i'equired to finance fully the Charity's coiwnitment to provide care foi. it5 eldcrly Ineinbers. Towards this i-equii'enient, tlie-l iiistees, in 1999, designaied to this fund the ¢hai'ity'5 iiivestment poi'ifolio. The level vfihe Charity's funds and of its coininitinent will be kept under review by the TnLStees and further designations will be considered. Analysis of Movements- 2021 At l .lanuary 2021 At 31 DecEmber 2021 Expcnditure RetiiEment Fund 8,969,950 (154,656) 8,815,294 Analysls of Movemcnts~ 2020 At I .IAnuary 2020 At 31 December 2020 Expenditure Retireinent Fund 9.107.285 (137,335) 8,969,950 27

I'HE CONGREGATION OF TIIE DAIJC.IITfi IIS OF WI.$1)OM PROVINCE OF GREAT BRITAIN AND IRELANI) NOTEIS TO THE FINANCIAL STATEMENTS leontinued) VOR THE YEAR ENDED 31 DECEMBIIR 2021 ANALYSIS QF NET ASSETS BETWEEN FUNDS- 2021 Unrestricted FuiJd5 Gener21 Rclirement Fujid Fund Total Fund balanees ai 31 Deecmber 2021 gre represented hy: .1 aiigible fixed assets Invcgknnents Ciirrent ass¢tS Current liabilitie8 8,()12,284 2.293,135 1,502,534 (330,500) 8,612.284 11,108,429 1,502,534 (330,500) 8,815,294 Tot81 net assets 12,077,453 8,815,294 20,892,747 Unreali8ed gains includcd i)boYe On listed investrnent assets 5,171,940 Reeoncilifition ol moven]tnts in iinreali%ed gains on ivve.sttncnts lJnreali5ed gain at l January 2021 Less.. amoiint in re%peci of disposals in year 2,720,907 1628,099} 2,092,808 1.079,132 Uniralised gains on rcwaluations in the year Unrealised g8in% at 31 December 2021 3.171,940 28

THE CONC.RF.GATION OF THE DAUCHTF.RS OF WISDOM PKOVINCL OP GIIEA'f BRITAIN AND IRf.LAND NOTES TO THE FIP4ANCIAL STATEMENTS (continued) FOR THF, YEAR FNDEI D 31 DECEMBER2Q21 12. ANALYSIS OF NET ASSF,I'.8 BETWF.PN FUNDS-2020 UiJre5tricted Funds Gtrteral Retirement Fund Fund Total Fund bal#n¢es at 31 December 2020 4re rcpresented l)y'. Tangible fixed asset5 Investinent5 Cun'ent assets Current liabilities 8,865,968 892,517 890,658 (395,219) 8.865,968 9,862,467 890,658 (395,219} 8,969,950 Tot81 net assets 10,2.53,924 8,969.950 19,223,874 Unrealised gaiiis Included aboye On listed investment assets 2,720,907 Reconciliation of inuvemeiits ITh nrealssed gains on investments Unredlised gain at l Janiiary 2020 Add.. amount in Irspect of disposals in year 2,636,705 1263,150) 2,373,555 347,352 Utwealised gains on revaluations irt the year Unrealised gains at 31 December 2020 2,720,907 29

THE CONGIILI GATION OFTHE DAIIC.HTf.RS OF WISDOM PROVINCC or GRE4 AT BRITAIN AND IRELAND NOTES TO I'HE FINANCIAL STATEMENTS (coTrtinued) FOR THE YEAR EIlYDf.D 311)ECEMBER 2021 13. AcfiviTIES BY FUND IN PIIEVIOUS YF.AR Unrestricted Fijtids Ceneral D¢sign3tcd Total 2020 Note5 Income from: Doni1tions, legacies and grants Charitablc activitie Investments Othei. 50,085 527,037 445,745 91,870 50,085 527.037 445,745 91,870 Total ineome 1,114,737 1.114,737 r4 xpenditure on: Raising funds Chariiable activities Coinmunities F.ducation Missions and grants Development costs 44,968 44,968 1,298,529 3,463 96,049 86,578 lJ7,335 1.435,864 3,463 96,049 86,578 Total expenditure 1,529,587 137,335 1,666,922 Net expenditui'e befor¢ net gains ort investments (414,850) (137,335) (552,185) Nct gains oll snvestinents 289,561 289,561 Net incomel(expenditure) (125289) {137,335) (262,624) TraD5fcis between funds Iyet movements in futkds {125,289} {137.335) (262,624) Total fi]nds brought foiward at l Januai'y 2020 10,379,213 9,107,285 19,486,498 Total lunds carried forivard at 31 Decen)bcr 2020 10,253,924 8,969,950 19,223.874 14. RF.LATED PARTY TRAIYSACTIONS There were no I'elated party transactions in the cui'irnt or pirceding year. 30

THE CONGREGATION OF THF. DAUC'111'b:RS OF WISDOM PROVINCE OF GHLAT BRITAIN AND IRli I,ANK) DETAILED STATEMENT OF FINANCIAL ACTlVI'ri& FOR THE YE4AR ENDED 31 DECF.MBER2021 These pages do not form parl of the statiitory fiijaiicial stattmenls. 2021 I'otal 2()20 Total Proviii¢e Houses INCOMr Salaries and stipends 44,707 44,707 56,539 Pension5 Supciannuation State pcnsions Attcndance allowance Mobility allowaiice Privaic Pcnsion receipt 61,969 105,736 83,368 193,713 4,195 2,246 145,337 299,449 4,195 2,246 155,241 304,337 4,815 1,494 4,611 167.705 283,522 451,227 470,498 Inve5tm¢nt ineome Rented properties Quoted invcstmenls Bank deposit inter&8t- general 194,589 286,196 109,029 194,589 286,196 109,03 205,356 239,058 1,331 589,814 589,816 445,745 Donations and legacies Othcr donations I,urlough grants 525 16,166 1,028 1,553 16,166 2,565 47,520 16,691 1,028 17,719 50,085 Other incon]e Excliange ratc gains Wisdom Centrc income Chc7 Nous income Miscellaneous incoine 31,298 55.226 1.485 1,021 56,83 1 2,745 869 56,831 2,745 869 60,445 60,445 89,030 Total income (exclud5ng surplus o disposal of fixed assets} 879,362 284,552 1,163,914 1,111,897 'rotal exp¢nditui'e Ipagcs 32 aiid 33) (1,493,722) (397,916) (1,891,63R) (1,666,922) Ntt expenditure before inveslmenl gains and exceptioiial itcms {614,3601 (113,364} (727,724) 1555.025) Surplus oli disposal ol tangihle fixed Assets 1,099,291 859 1,100,150 2,840 Net ineomel(expendltiire) before investinent gains 484,931 (112,505) 372,426 (552.1 $5)

THF. CI)NGiifi(:ATION or Ti4f. ilAUGIITF,RS OF WISDOM PROVINCE OTr CIIF,AI' BRITAIN ANI) IRf,LAN DETAILEI D SI'ATEMF.NT OF FINANCIAL ACTIVITIF.S (Continued) CHARITABLE LiXPF.NDII'URF. FIOR TIIC YCI AR FNDf4 D 31 D&:CLMBFR 2021 These pgges do not forin part of the slalulory fiiiancial statemenls. Provin¢e Houses 2021 202n Charitable activitie5 OCCUPANCY Insurances Renis Repairs and InaintenaD¢e Council tax Waiei. l'ates Gas and electricity Other DepTeciation 4,921 8,096 4,577 45,816 10.688 4,249 44,470 15,134 13,017 41,218 98,089 16,627 4.390 52,089 17,673 253,691 11,705 40,270 71,805 17,173 5,590 46,024 20,160 255,633 52,273 5,939 141 7,619 2,539 253.691 363.764 133,030 496,794 468,360 COMMUNJTY SisteT$' personal allowances Food Housthold MediLal Nursing home chai'ges Nui'sing care costs Funei'al and expenses Retreatlholidays 838 219 2.999 218 309,071 242 4,307 51,909 67,315 46,782 32,967 242 1,254 52,747 67,534 49,781 33,185 309,313 1,496 4,307 8,266 48,957 69,193 47,731 34,357 274,670 2,824 6,786 6,559 8,266 317.894 208,735 526,629 491,077 ALMS AiYD DONATIONS Given to missiuns Given as generul donations Masses stipetjds 198,030 9,697 590 942 8,057 775 198,972 17,754 1,365 42,763 51,046 2,240 208,317 9,774 218,091 96.049 TRAVEL TTttvel fare5 Motor expenses- insurances Depreciatio 2,505 768 6,320 21,566 24,071 768 6.320 28.338 1.016 8.167 9,593 21,566 31,159 37.521 Cai'i'ied fomrd 899,568 373,105 1.272,673 1,093,007 32

Tiif. CONCRF.CATION OFTHF, DAUC.HTERS OF WISDOM PROVINCL or GREAT BRITAIN AND IRELAND DF.TAILEID STATEMEINT OF FINANCIAL ACTIVITIES (Continued) CHARII'ABLf, FXPEI NDITURF. riOR THE YF,AR ENDED 31 1)F.CEMBER 2021 These pales du Iiot form part of the statutory financial staterneiit5. Province Houses 2021 2020 F4rought fonvard 899,568 373,105 1,272.673 1,093,007 LEICAL AND PROFLS.81()NAL Professional fecs Less allocated to inanageinent and admini8tTation and Investment managers, fees {See below) 66.169 (19.800) 66.169 (19.800) 13,350 (60,028) 46,369 46,369 53,322 OTHER Wages, 5aldl'ies, lax and Nl To DSS 515ters Nl Conti'ibutions and pcnsion contributions Bank chargeslcard fees Courses, education Confeiences and retreats A5sociatEonslsubscriptions Libraiy General office expenses and small r¢p8irs Safeguarding and advertising Exchat]ge 105$ HMT share of suiylus adjustment 291,317 318 4,430 1,801 303 2,460 271 8,052 8,315 26,019 4,250 295,567 318 5,855 1,870 303 2,460 7,545 19,776 8,315 26,019 320,211 318 1.931 3,463 400 2,683 6,410 17,790 8,780 1,425 69 7,274 11.724 12,001 343,286 24.742 368,028 373,987 DEVEI.OPMENT COSTS Leadership expenses Provincial Houge, Chez Nous & Leadeiship The Cottage, Sligo expeiises Forination, pasloral care & pre-novincial Wisdoin Ceiitre expenses Wisdoin Centre sal&lTies 164 16,530 58,186 61 19,871 38,353 164 16,530 58,186 130 19,871 38,353 2,169 17,3.55 816 850 19,284 46,104 69 133,165 69 133,234 86.578 Investment maiiagers, fees 51,534 51,534 44,968 Costs of raising fund5 51,534 51,534 44,968 MANAGEMENT AND ADMINISTRATION Audit and accountancy.. haysin<iLintyre 19,800 19,800 15,060 TOTAL EXPENDITURE 1,493,722 397,916 1.891,638 1,666.922 33