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'sl*J
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
Gencr*l
Abbey House
Tot*1
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