ChRrity reEbtrAtiofft ￿limbel. 238148
THE CHARITY OF THE CONTEMPLATIVE PASSIONIST IYUNS
MIINISTERACRES
ANNUAL REPORT AND UINAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTEIiACREI S
LEGALAND ADMINISTRATIVE INFORMATION
Trustee5
Motlier M Curran
Si5tsr P Story
Mother R Capp¢lletti
Charity nDniber
238148
Address
Mona5t¢ry of OurLady of Holy Hope
Miiislei?crcs
Nr CoE)sett
Co. Durhattl
DH8 9RT
Ind¢p¢udtlll examhner
D&rren FlardTngACAFCCA DChA
Richard PlaceDobson ServEces Limited
1-7 Station Ro&d
Craivlty
W¢st Sussex
RHIO IFrr

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST IYUNS
MIINISI'ERACRES
CONTENTS
PAge
Trust¢es' report
Indepetjdeiit examinevs report
Sttttemetkl of fJnan¢ial aclivitiC8
Balance5hrrt
Not¢5 to the finan¢ial statements
6-14

THF CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
TRUSTEES, REPORT
FOR THE YEAR EJVDED 31 DECEMBER 2023
The trust￿ preseni theii. annual report ah)d finanGial stat¢iThenls foy theyear ended 31 DecemkKT 2023.
Tli¢ fin8llCi21 statements hfj￿ b¢m prep￿ed in accordatbC¢ M4th ilie ttttounttng policies set out in not¢ I to th¢ finan¢i*l
Sl*lttncnts comply with the ¢h)tiiY$ trust deed, the LhariÉi&E Act 2011 and 'A¢￿￿nting and Re￿rtIng by Charities..
S(ateinenl of Recommended PM¢ti¢¢ applicable to chal'lties prepariiig th¢ir in accordance with th¢ Finaiicial
Rcporting Standaid applicable in the UK and Republic of TKlat]d IFRS 1021" {¢ff¢¢live l Januk￿Y 2019).
Objecffves #etlwltles
Objectives and alms
'Ih¢ charity is established for such doritable purposes wliicli advance th¢ r¢ligiou$ oth￿. charstable work Gqriied on by
or und¢T th¢ diiyction of the SocÈety. In so dcciding ii,hal activities to urtdeitske Ihe tr￿te¢S liav¢ paid due regard to the
Charity Commission's current giiidwwK on publi¢ bettefit iiicluding guidgtt(t on advattctincnt of irligion.
The objective's of (hc Charity are to provide both and spirÉtual advi￿ to oth¢r Irligious Ixders &nd the public for
Ihe good oftli¢ cojnmunities the charity swves, 10 assixt Ihust in nced and to protThot¢ the wotrd of God and t[￿ worship of
OuriA)rd within th¢ s¢ope of what is charitable.
?rybli¢ btJefit
Th6 ¢harity's trustees hav¢ Tefci'red to Ihc guid￿)ce in the Charity CoJ*)mission'8 general guidanc¢ on Publi¢ B¢Th¢fit wh¢rt
r¢viewinE Ihe charily's ain15 and obj¢¢tives 8ÈJd in planning its fu¢uTC activitits. In particular. they hav¢ consideT¢d how
plartned activities will ¢ontribut¢ to the aims and obj¢ctsv¢s Ihcy havc sct.
Achlevem¢nts #nd performaDce
ChatltAble ActLVities
Thtt Lhai'ily puts faith into pradt¢¢ promthing the whole ini&sion of the Church, pastoral, evang¢licAI and social, by pvayer,
sGripturc,-%acr&tThcnlal lif¢ aE]d Selfless servicG During th¢ year th¢ work of the charity lias been directed lowards..
Support of the Roman Catholic Churrh in its inission concerning th¢ welfare attd protection of children &nd vultL6rablr
adults withln the comtnunity.
Making availablr T¢ligtous couns¢llin& pamfcuiarly for those f8Ging thcir oivn lif¢ crises o¥ helpitEg oibers with their
dtfficulii&8
J)uring the year Mother Monica undcrlook a rol¢ ossisting the Hospitaliiy Managet for Ihc PasBionists itl m￿￿ter￿cK5
Rttreat CentiE.
Flllaiiciwl revl*w
Vinancial yosltÉon
The c]iarily had net illCOTniiig rtsourccs for Ihc year of £98,930 (2(J22 tncomii¥ rwur¢es £289,115).
Reserves policy
It 1$ the policy of the th￿lty tliat utLT¢stricteil fynds which have nat hecn desi￿ated for a 5pe¢ifje use should be mainl&ined
at 8 level equivalent lo bc¢Wten Nelv¢ ¢wÈnty-four month8 Lnontlis ¢xpeiiditure. The b'usle¢s considBrs thal irserves at
thi5 level will t￿8U￿ that, in the event of a si8nificani di¥>p in they will be able to contillu¢ th¢ Ghfjrity's Current
activities while consideration is Eiyen to way5 in which additioiial fuiids may be rats¢d.
Iiivestment poliw objectlvos
Invcslnienl 3trat¢gy is Lnanaged by th¢ ¢harity's inv¢sim¢tsi advisors who tak¢ intts a¢count Lls incoiiie fqUiTenient5, Ihc Tl5k
pEDfile of the invwillienls and their vi¢w on the market pr05pccls in the iiiediuim tert￿. This Strategy is sEt wid]in ov¢rnll
poli¢y. Ivhich requires futds lo be inY¢sied in loiv and lliediuin rtsk investments
Strutturt> goveriianc¢ mAiIA%ement
Th¢ ¢liarity wa5 ¢StÈblish¢d by a charitable trust deed un4 NDvembcr 1964 a2))¢nded by resolutLOll pa55¢d und¢r s¢¢lio
74D of the Charities Act 1993 as am¢tHled by th¢ C1kaT1ti￿AFt on 6th January 2019.
page I

THE CHARITY OF THE CONTEllIIPLATIVE PASSIONIST IYUNS
MINISTERACRES
TRUSTEESI REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Thc truste¢s who s¢vved duringthe year and up to Ili¢ date of sTgTraturc of Ihc financial statemciits were..
Mother M Curran
Si$ier P Stoiy
Motlier R Capp¢ll¢tti
Trustces 8rc selectedfrom fully professed members of the Congregation and th¢y are introduced tD the rtsl¢ ind tli¢
¢$ponsibility of b¢ing a trust¢¢ by auertdartce at mectings.
On tlie 3 Ist May 2024 ihe tr￿te¢S changed th¢ rharity ttaine frojn Chaiity for the Congregatloo Qf the Passlort of Jesus
ChrÈs¢ to Tlie Charity of ihc Collt¢mplaliv6Passiolli$i Nuns Ministeracres. They still have th¢ s&m¢ Ghgrity registration
numbcr.
Rlsli
The trustees h&ve a duty to identify 8nd revi¢iv thc risks to whi¢h th¢ chwiry is exposed and to cnsure appropriate cvnlTvIs
are in place Io PTovid¢ ￿￿nable ￿surance against hud and error.
Thc tIU5tw' report w&s approved by tht Boatrd ofTrllsttts.
Mother M Curra
Tru8tee
pag¢ 2

THE CHARITY OFTHE CONTEMPLATIVE PASSIONIST NUNS
IIIINISTERACRES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE CHARITY OF THE coNfEMPLATIVE PASSIONIST NUNS
MINISTEI RACRES
T v¢port lo the trustees on tny ￿aMInatIon of (lie financial statements of The Chariiy of the Contemplative PasSio￿3t Nuns
Minisiera¢r¢8 (the charity) for the ye￿. ended 31 Dcccmbcr 2023.
Respoiislbllltlos Atkd bfLSi5 of report
As the t¥iistee8 of the ¢hariry YOU alt rt8ponsible lor the piyaratiott of th¢ fu￿Cial statettk¢nts in a¢Mrdan￿ with th¢
requiirments of tbe Chgriti¢s Act 2011 {Ihc 2011 A¢tl.
I T¢PDTI in trespcct of my examination of th¢ thaTity'5 finan¢ial sl&tsm¢Jts can'ied out under section 145 of the 2011 A¢t.
Iti Ganyiiig out Jny cxamitjalion I bave follow¢d all the applicable Directions givetk by the Charity CoinmTssion und
section 145{5Kb) of th¢ 2011 Act.
Indcptiident examin¢r 5 Statemtttt
have complctcd my cxainination. I confirm that no matt¢rs have tome io my attention in connectson with the
&Kainination giving me ¢ause to belleve tbat in any material respe¢t'.
ac¢ouniiii£ records were not kept iii r¢3tKct of th¢ rh&r*ty 85 i¢quiIEd by section IJO of t￿e 2011 Act.. or
tlie finaiicial stat¢m¢tkts do iiot &cthrd with Iliosc Yeeords. or
the fingncial %lattin¢nts do no( comply ivith the appIl￿ble t¢qvire]nents concerning the form &nd conten( or
accoiitlts s¢t out in the Charities IAceoun¢8 and Reports) ReguJuliotLS 2008 uthrr thah any rrquirrmet)t t1￿( the
accounts give a tru¢ and fair view whlch is mt a matter con51d¢red ￿S part of an lnd¢p¢nd￿l ¢xamin&tion.
I h&v¢ no ¢0￿cer￿S and have come a¢itss tko oiher matters in connection with th¢ &x¥mination to which attention shou]d
b¢ drnwn irt this rey)rt in ordcr to ¢nabl¢ aprop¢r und¢TStandin8 of ih¢ fi1￿Cial statements to b¢ reached.
DarreTh Harding ACAFCCADChA
Richard Place Dobson Sexvices Limited
1-7 StB(ion Road
Cixwley
W¢st Su5S¢X
tU.IlO IFtr
pBge 3

TH￿ CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Uttrtstrleted Ullrestrlttsd
fujids
£ener81 DéslEttated
Total Uiittstrltttd Un￿$tr1ded
fuiid5
gener&l Dèsliiiated
Tot#1
2023
2023
2023
2022
2022
2022
Notes
Iiicome endowrneiil8 from:
Do)ation5 re£e%ved
Invwlm¢n¢s
oth￿ income
80
80
370
24,893
125
125
37Q
24,893
23,504
23,504
Thtal itt¢ome
24.973
370
25.343
23.629
23.629
endilure on:
R8ising fuiids
26.067
26.067
26.159
26.159
Chariiable activilLeS
51,947
7.189
59,136
51,629
7,189
58,818
Tol41 expendlture
51,947
33,256
85,203
51,629
33,348
84.977
Net goE0￿(loSSes) on
invesiinenls
158,790
158.790
350.463
350.463
Nct mov¢ment fuuds
(26,974)
125,904
98,930
(28,0001
317,115
289,115
Fund balan¢es ot l January 2023
131,134
2,945,495
3,076,629
159,134
2,628,380
2,787,514
bAIAnces ot31 De¢embtr
2023
l(H,160
3,071.399
3,175.559
131.134
2.945.495
3,076,629
Th¢ $t&t¢iEtent of financial activiti¢s in¢lude5 all glin5 ltssscs rt(ognis¢d Én th¢ )'car.
All income and expenditure dcrive from colltinuillg &ctivitl¢5.
pag¢ 4

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
BALANCE SHEET
ASA T31 DECEMBER 2023
2023
2022
Note5
Fixed assÈts
Tangible gSS¢15
13
730,009
2,385,833
745,227
2.252,739
3,115,842
2,997,966
Current asstts
C&8h at bank 8nd itt hand
65,356
82,638
Crnllitors: amoutht$ f•lllng du¢ within one
yeAr
15
{5,6191
{3,975)
N¢t Gurrent assets
59,717
78,663
To*iI A88ets less currtht IIAbllltlts
3,175,559
3,076,629
Iiicome fuiids
UnTe
ri¢t¢d ￿lld5
Dcsignatcd fund5
Qien¢rHI uniEslricled fiEnds
16
3,071,399
104.160
2,945,495
131.134
3,175,559
3,076,629
3.175.559
3,076,629
Th¢ finats¢ial st&lettt¢ttts w¢r¢ approved by tbeTru5tees oji........................
Modier M Curra
Trustee
page 5

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMEiYrs
FOR THE YEAR ENDED 31 DECEMBEA 2023
Accouiitiiig polltlès
ChArity informRtioii
Th¢ Charity of th¢ Conl¢mplativ¢ Passiotkis¢Nims Mirtislerllcre8 is diorilable Iru%t. The p¥ll￿1paI address is MoD&stery of
our Lady of Hop¢. MiDStEr*￿, Near Conseii, Co. Dui*Jam, DH8 9RT.
1.1 AeeouiitiDg collveiition
The fEn&ncial stattm¢nts have be¢n pr¢pfjted fft a¢eord8nce with the charity's Igoveming documen¢l, the Charities A¢t
2011. FRS 102"Th¢ Finaucial R¢wkrlins StatthTd appli¢able in the UK alld Republic of Ireland" I'FRS 102") fjnd th¢
Charities SORP 'A¢counting #nd Re￿rI]ng by Chwi¢ies- Sia(Lrnenl of ReLOtnm¥ndcd Prac¢ite applicable ¢0 chaTÈti¢s
prepaiyng their accotints in accordaiice with the Iiinanci￿ Rcporting Standai'd applicablc in the IJK and Kewhlic of
Ireland (FRS 102}" (¢ffecliv¢ l January 2019). Th¢ charity i5 4 Public B¢n6fJt Entity as d¢fin¢d by FRS 102.
The charity kas taken advantage of th¢ proYisloE]5 In th¢ SORP f¢r chatities not to prtpw¢ & Stat¢m¢rtt of Cash Flows.
The financial statements are Prepared in stcrling5 which is (he funGtiollaE curr¢ncy of th¢ chgrity. Monelgry amounts in
Iliese financi81 stat￿m￿ts are rounded to th¢ nearest £.
TlJ¢5e fin￿}￿la1.￿1￿tctt1Cnts fov thc ycar ¢1￿¢d 31 D¢ccmbei' 2023 are tbe fu81 financial slatcments of Tjie Charity of the
Contetnplativ¢ Pa55ionisl Nuns Minist¢Yd¢res prepared in accordance witb fRS IQ2. The Ftnanci&l Rq)oltll￿ Standg¥d
applicablc Én th¢ UK aiid R¢publi¢ of fr¢lwJd. Th¢ date of tiw)sitiott to FRS 102 w&$ l January 2022. Tbe fepoited
rin&ncial ￿)sEtiOn and financial performw)¢¢ for the pvevious peviod 8re not affected by the transttion to FRS 102.
1.2 Goiiig ¢oiieerll
At Ilie time of approving the finanGial stat¢ments. the trustees have a reasonable expectation that the tharity h&8 adequate
resources to continue ill op¢iTrtioii#l exist¢nee for ihe f￿*See&bEe fumre. Th￿8 the trustee8 e4)ntinue to adopt ihe Eoing
concern knis of accouiiting in PTepiring the financial siatemcnts.
1.3 thArIt￿ble fund5
Unr￿trIcItd fund5 arc availobl¢ for us¢ at the discretion of IlLetrustees in furth¢rancc of their cliaritabl¢ obj¢¢tlv¢s.
De5igna(cd fund5 arc tho$¢ Kt assdc as deterjnined by the tr￿￿. FurthEr ¢xplaDation ¢f th¢ nÈtvr¢ artd purpose of ¢a¢h
(UT￿ is inrludrd in th¢ N)¢¢s of the fmancial stateniejits.
1,4 Illcome
Intome is recognis¢d ivhen the thariry Is Itgally tntÉtlcd to it after any pcrfomiance conditions have b¢cTh m¢t, thc
8mounts can be m¢asu¥ed r¢liablyJ arkd it is ptDbabl¢ thal lrtwm¢ ivill b¢ tEceived.
Donation3 &r¢ recogni￿ whcn Ihc charity has receivd notification of both th¢ atnount4tLd $¢ttl¢ment dat¢.
tncome frojn ¢hatithble aciiviues rcpres&]tS State pen5LOllS r¢c¢Év¢d for rn¢h sist¢r and is r¢¢o8nised when it is Yeceived.
Other income reprcsents ainounts rtrtiv¢d from Ofgen in relation to the R¢new&ble H¢a¢ lTh¢entiv¢.
l.S Expenditure
Liabilities ar¢ iecogrtised a% expenditure a5 SOQll gs thcrc 15 a Icgal ar o)nstr￿CtIVe obligation committing tli¢ charity to
that ¢xp¢ndit¢JY4 il is piY)bable that 8 Iransfey of economiG bBnefil$ ivill be required in settlement and Ihc amount of the
obligation ¢aA be ThJeL8urtd reliably. Exp¢nditure i5 4ttoun¢ed fov oil an accruals basis and h&8 been ¢14s8ified undei.
headiDgs that as￿rgatC all cost related to the category. Wh￿E eosis caitrtot be diircÈly &ttTilxJted lo parliculaL' beading5
they have be¢n allw8l¢d to èctivitie8 on a basis consisteni wilh the ￿se of resources.
page 6

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINAIYCIAL STATEMEI NTS (CONTINUED)
FOR THE YEAR EIVDED 3J DECEMBER 2023
Aetoulltkn£ polltlé$
1.6 Taiigible fjxod x5sets
Tall￿ble fixed Isseis are ittitially mcasuTtd at cost and subsequently me8sured at cost or v￿uall0rt, nel of depreciation
and any impgiriThetht loss&$.
DepiEciation is recognÉsed so aa to writ¢ off th¢ cost or valualioti of &88cls less Ihcir tcsidual values over their usefi)I
live$ on the following b￿e$..
Land alld buildings
Fixtur￿, fittings & equipment
Moror vehicles
1 /0 strai￿)t lil
IOYO reducing balort¢e
25/0 reducing balance
The 8&in or loss arising on the dispos8] of an asset Is det¢m]intd as the difference between the $al¢ PEV(zcds and the
catrying valucof the &8sel, 2nd is retognised Èn the statement of financial activities.
1.7 Fixed asset investments
Fixed ass¢t inve51m¢nts ar¢ lliiti8lly Ineasurcd at transaction pr&cc cxcluding traiisaBtinn costs, and are Subsequently
Ineasured at mgrk¢t v&lue at each reporting dat& Chang¢s in mark¢t value ar¢ recognised in net ina)m¢l(exp￿dl(UrcI
for the year. Transaction eosts are expensed &s incurr
1.8 ImpairnittLt of filed wet5
At ea¢h itporting ¢nd dat¢, th¢ ch3rity the carrying ￿0￿ntS of ils langible aSS￿S to dei¢rmin¢ wh¢th¢r therc is
any indi¢atien lha¢ tlios¢ ass¢ts have suffered an impaÉrment loss. If9￿Y such indication exists. the ircoveiEbl¢ atllounl of
the asse( is estin)￿ed its older to dereiinitke (he ext¢nt of the irnpairmenl loss (if any).
1.9 C8sh eA8h equlvgltllts
C&sh r¢pr¢s¢nts amounts held OTh short Éejin deposil accounts attd is mcasllreAI as the Èctual amount of cash held in the
account.
BavlcJl*&ttdalllhblllrfe$
CTcdilors 8re rccugnÈ5¢d whcrc tlic charity has a prescnt obliEation resu]tÈnk from a past eYeTht thatwill probably reBult in
th¢ fransfcr of futtiL% lo a third party #nd thc amount duc t() %ctEle the oblTgatiDn he Tlleasured oi. estimated reliably.
CY¢ditors ar¢ normally r¢¢ognised ot th¢iY s¢ttlgrncnt otnourtt after a]loiving for any discounts du
1.10 TaxRtion
Thr Gh8rity Is ¢x¢mpt from tu on its ¢kwÉtobl¢ adivitirs.
1.11 For¢igiL ¢xclJang¢
Assets and liabililics tn forciEll Cu￿t￿CleS arc Iran51atcd irtto stcrling at the ratts of exthartxe ruling at the balance sheet
date. TrntLsadiDn5 in fai'cign wrrcnci¢5 ar¢ hzn%lated inkn .%tcrling at th¢ rat¢ of exchange ruling at the date or
transJclion. EXch￿gr differ￿(¢$ 4r¢ taknn ¢0 th¢ $t&t¢m¢ntoffinatk¢ial activiti¢S.
Cost8 of chaiitable activitie8 are lncuvird on the chai'xty'g Op￿￿tions, tEicItTding 8ilPPOrt costs and costs relating ¢0 th¢
g(Ivernance of the charity apportioned to charitable a¢tivilie5.
Govtriiance c4)sls include costs incuiird in d¢aling with th¢ legal and adiniiii8lraÉion duties of (he charity and gre
I￿(￿gnIs￿ when incurred. Tliesc are noiv Rncluded ivithin support costs and allocated to direct ¢iwitabl¢ aclÈvihcs.
pag¢ 7

THF CHARITY OFTHE CONTEMPLATIVE PASSIONIST IYUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMEI NTS {CONTINUED)
FOR THE YE411 ENDED 31 DECEMBER 2023
Accoullting i)olici¢5
(Continued)
1.12 Realised gai115 aiid lo55¢S
All ¥Jins und Iosscs ale ¢aktrn to Ihe staiemeiit trf fi]w*laI a¢ilvlties as thy atis¢. R¢alised galns and losses on
Èiive51inents air calculalcd 3S the diffcrcnce betwcen Sales proceeds and tlicir op¢Jiing carjying value or t[￿lr purcha8¢
valu¢ if a¢quired Sub￿qu¢llt to th¢ first day of th¢ financial year. Unrealised gains at￿ losses are calcuiaied as Ihe
diff¢renc¢ b¢tsve¢n the fair vJlu¢ at th¢ y¢aT ¢nd ind th¢ir c￿ryIng value. Reali5ed and wuealistd invcslm¢nt gains artd
1085es ar¢ combined in th¢ Stat¢mentof Financial Activities.
Critical Ae¢ouiitii¥g e5tiinAteS And judgements
In thr application of the ¢haTlty's accounling policics. the l¥ustccs are reqllircd to make judgetnents, ¢stimates and
Èssumptions Ihc catTyiThg aiiiount of asscts and liabilitics ihat arc not Tcadily appaTcnt from other 50urtt8. The
eStil￿oIes and 2s80tia*d assumptloils &lE based on hssiorical exptri¢n¢¢ &nd oth¢r fadors that ar¢ considered lo be
r¢I¢v￿lI. Actu￿ teslllts may differ fiY)m I1￿se eslimates.
The estitnates uiideTlying a55UITlPtions tre revithved uti an onRoinK bHsi5. Revi510115 to accounting estimates a¥e
recagllised in the pcrind in whid) the &stittkatc is revised where ihe revi4ion affe¢ts only that peri￿, or in the period of
th¢ ￿ViSIon future p¢riods WI￿r¢ th¢ r¢visioa aff¢Gts both current and future period8.
Residual es1itLated value of land and buÉldiDg is in exc&88 of ¢OBt and tlie Jxoperty 18 not being impair¢d.
Dtsi1#tlo￿5 recelved
Uhre4tri¢ted Uurtstrieted
funds
rullds
ieiierAI
geiJtrAI
2023
1022
l)onation8 and gifts
80
125
IDv¢s¢ments
u￿r￿trICterf
ttds
Deslgllhted
2023
Total
2022
Interest receivabl¢
370
page 8

THE CHARITY OFTHE CONTEMPLATIVE PASSIONIST NUNS
MII¥41STERACRES
NOTES TO THE FINANCIAL STATEMEI NTS (CONTINUED)
FOR THE YEAR E]VDED 31 DECEMBER 2023
Other ineonie
Uiirestrlcted UMresti'i¢ted
funds
general
geiierlll
2023
2021
Other income
Si5ter'$ pct1510ns
5,595
19298
S.583
17,921
24.893
23,5(
R&lsillg funds
Ullrtstrl¢ttd Uiittstwicted
fuiids
riillds
DestgnAttd Deslgnate41
2013
2022
lthv
em¢n
26,067
26,159
26,Q67
26.159
page 9

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YE4R ENI)ED 31 DECEMBER 2023
ChaYitabl¢ Rctiviti¢5
Dlrect
Dirè¢t
charitable
tbRrif8bl¢
pemditure expertditur¢
2023
2022
Dcprecl&tjo￿ and impairment
Ratcs and wal¢r
Insuraiice
Light and h¢at
Telephotje
P¢siJg¢ and station¢ry
Sundixes
Charitable donation$
Mator and Iravcllittg exp¢nscs
Sisters needs
Repair5 and maiDl¢nanc¢
edÈLal
Computer eXpe￿￿¢S
15.218
388
2.798
4,078
686
1,498
15.198
696
2,047
4,195
645
14
672
2,778
102
15.722
3.526
5.368
497
705
16.008
9,462
2,898
52.659
52.540
Sh&reof support costs (see tjotc 81
Sharc ofgoverjjancc c08ts (see Dote 81
95
6,382
89
6,189
59,136
58.818
Anwly5js by
Unrr5trict¢d fund$- g¢neYal
Unrestricted ￿nd8- Desi￿ated
51,947
7.189
51,629
7,189
59,136
58,818
pag¢ LO

THE CHARrrY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEIVIENTS (CONTINUED)
FOR THE YE4R ENDED 31 DECEMBER 2023
Support cosls
Support ¢osts GDY¢rJiaNce
Costs
2023 Supiyort tosts GDv¢Tnance
costs
2022
Bank ¢harges
95
95
89
89
Indcpendallt examination
fees
Le881 and PT<>f¢ssional
5,640
742
5.640
742
5,520
669
5,520
669
95
6,382
6.477
89
6,189
6,278
Analystd betwec
Cliaritable activities
95
6,382
6.477
89
6,189
6,278
Governattce costs illcludes payments io th¢ Ind¢p￿dent &xaTllil￿S of £2,400 12022- £2,41Xb) for preparation
d indqxndent examinatLori.
Trusteos
None of the tNstees (or any persons cotTrnecied wlth Ih¢ml reee]y￿ a￿Y remuneiatiott during th¢ ysar.
Trustees expeJLses
The trustees are a]so membeLS of th¢ ¢ommunity. M¢fflb￿5 of th¢ COEnnJunity are mairtiained by th¢ charity the ¢05t
of premises, meals and oihtr living ¢xpen$e% in Irsp¢¢tof ¢tKh sister are paid by lh¢ Lhai'ily.
IO Einployets
2023
2022
Number
Nujtsber
Total
There WaE IM) ernploye￿ wh03e Bttnu&l v¢mun¢iYtion was Eaor¢ than £60,000.
li
Un￿Stricted un￿￿triCted
fullds
fuiids
DeslEnRtsd De$i8nated
2023
2022
Revaluation of inveslm¢ntS
GaiEV{10551 on salE of 1nv¢5ttn￿ts
155,820
2,970
346,583
3,880
158,790
350,463
page 11

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMEiYfs (CONTINUE( D)
FOR THE YEAR EIVDED 31 DECEMBER 2023
12 TAXAtlon
The Chwity is ¢x¢mpt frojn tax in¢omB and ggins falling within Eection 505 of the T#xe$ Act 1988 or scetion 252 of
Ihe Taxatiottof Chorgeabl¢ Gain5 Art 1992 to th¢ext¢tkt that these al'e applted lo its dwTltable objects.
13 Txrtgible fixed assets
L8Dd AndFlxt*rts. fitllngs M•torv¢hitles
Tot*1
Cost
At l January 2023
730,000
73,888
3 1,985
835,873
Al 31 Dettmbcr 2023
730,￿￿
73.888
31.985
835,873
DepreciAtion And imyaiyment
At l January 2023
Depreciation charged in the year
37,24S
7,189
45,922
2,797
7,479
5,232
90.646
15,218
Ai 31 Dcccmbcr 2023
44,434
48.719
12.711
105,864
Carryng amount
Ai 31 Decembet 2023
685.566
25,169
19,274
730,￿9
At 31 Dtc¢n]bBr 2022
692.755
27,966
24,506
745,227
On completion OF the building work the property w4$ valued at £730,000. On adoJxÉot) of FRS 102 th¢ Irustecs have
eleGt¢d ID adt>pt this valuation a% deemed ca51.
14 Flxed asset Investments
Llsttd
Ihvestmeiits
Cash i
portfollo
Total
Cost or valuation
Ai l Januwy 2023
Additions
Valiialion ¢harkg¢5
Di$po$&ls
2218,006
19.651
155,820
{43,181)
34,733
81M
2.252.739
20,455
155,820
{43.1811
At 31 Dcc¢mber 2023
2,350,296
35,537
2.315,833
Clrrylng Amount
Al 3 L December 2023
2,350,296
35.537
2.385,833
Al 31 December 2022
2,218,006
34.733
2.252,739
page 12

THE CHARITY OFTHE CONTEMPLATIVE PASSIONIST NUNS
MINisrbRACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YKdR EIVDED 31 DECEMBER 2023
14 Wi%¢d •&stt Ittvestmt￿ts
IContiu¥edl
Hlsttsrloal Costs
Ai 31 December 2023., £1,507,592
At 31 [k￿Inber 2022.. £1,503,096
Tli¢rc w¢re no inyutineiit assets outside th¢ UK,
Thc follewing inve8lm¢nl8 were lield Ihatrepresented over S% of portfolio holdings:
Dimtn5ional Qlobal Core Equity D Acc- 16.08Q/o (16.24Qh)
Dfmensional Global Sliort Datss BdAcc- 58.21•A (59.12%)
Ditn￿s1O￿aI Global TargcÉed Valuc D Acc- 16.27% (16.57Yo
R¢valuatioJJ iuerve of £842,704 {2022: £714,910) are iticluded in designated futtd8.
15 Creditoys.. Amounts falllllg due wlthlii olle year
2023
2022
Oth¢r ¢￿ditOrS
Acci'ua15 and deferrcd income
1,322
4,317
1.576
2,399
5,639
3,975
16 Deslgnate¢J fund5
Thc it)come of thc charity include the following d¢signated funds ivhich I￿ve been sct asidc otil of tjnrtstricted
fiands by tlle trustces for 8pe¢ifLC PUIPO8es'.
Movement iv fiinds
Iuiomiiig
R¢so¥rct5
resour<¢s
exyended
InvestNtnl¥
IxliiJAosses
I JRIiuAry 21J22
JI Drrtrnbrf
Investments Fund
Land and Buildings Fund
1,928,436
699,944
{26,159}
(7,189)
350.463
2,252,740
692.755
2,628,3EO
{33,3481
350.463
2,945,495
page 13

THE CHARITY OF THE CONTEMPLATtVE PASSIOIYIST frfuNS
ll¥lSTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YK4R EIVDED 31 DECEMBER 2023
16 DesigttAted funds
(Coiitinu¢d)
Movement in
In¢omlng
Resollrtoj
Dejided
Ilal*ii¢t at
l 2023
Jnvtstments
31 DeErrnbE
2023
Investinent5 ￿Ulld
Land and Biiildings Fund
2,252,740
692,7SS
370
(26.067)
17,1891
158.790
2,385,833
6¥5.566
2,945.495
370
1332561
158.790
3,071,399
The 1nVr5frn￿ts Fiind is set aside to provide iiicone for the ojwing neeth of tbe sisters in their ni&Di8lries and oJwin8
ca
The Land and BuildinE$ Ful￿ is sel £side lo rq)reseLt the charitys us¢ of the land and biiildings in puEsuancc of its
chgsi¢ablc obj¢vtive5.
17 Analysls of met 0sset5 behveen fund5
U￿￿t￿tted DtsliiiAled
futtds
fuiids
2023
2023
Total Unrestricted Designated
fund5
fuiids
21122
2022
Total
2022
Fund bal&nce6 at 31
De¢ember2023 are
represenied by..
Tanwble 455ets
IDves¢mBnts
Current assetsl{liabilitie8)
44,443
35,537
24,180
685.566
2.350,296
35,537
730,ts09
2,3&5,833
59.717
52,472
34.733
43.929
692,755
2218,006
34,734
745,227
2,252,739
78,663
104,160
3,071J99
3,175,559
2,945,495
3,076,629
Relatsd PAriy trathsactions
Th¢r¢ w¢r¢ no disclosable related paty lTw￿￿tiOnS duringthey&ir P022- nonc).
pllge l4