Charity registration tktsmbcr238148
THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
LEGAL Af4D ADMtNISTRATIVE INFORMATION
Trnsttes
Mother M Currao
Sist¢r P Story
Mother R Cappelletti
Charity nnmber
238148
Principal address
Mo]WS*ry of Ow Lady of Holy Hope
irtstetxcres
Nr Consett
Co. Durh￿1
DH8 9RT
Indepemdent exgmirttr
DatTen HardingACA FCCADCIL4
Richard Place Dobson Services Limited
1.7 Station Road
Crawley
We8t Sussex
RHIO IHT

THE CHARrrY OF THE CONTEMPLATIVE PASSIONIST NUNS
MIIYISTERACRES
CONTEwrs
Pag2
rr￿Ste&S, report
Independent ¢xatttin¢rf5 r¢p)rt
Ststement of fi]WiCi￿ activitics
Balance sh¢
Notes to the financiaj 5t*Jn¢nts
6-16

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees wettt their amuai report and financial statements forthe year cndcd 31 December 2024.
The finanGial statements have been prepared in accordan(z with the aecowiting policie8 set out III xitste I to th¢ fir￿cIal
siaiement$ and comply wtth the ¢haKity'8 trust d¢¢¢ th¢ Chgrities Act 2011 and "Account￿8 and Reporting by Charities:
Statement of Recojnmendthl Practice appliLYble to ¢h￿ill¢S pttparing their accounts IA J¢Gorthce with the Financial
Reporting Standard applicabl¢ in the UK and Republi¢ of Ireland (FRS 1021" (effective l Jathyary 2019).
Objeclives and artivitits
Objtttiv¢s and aims
Tht charity is established for such Ch￿itable puryoses which advance the rcligious and other charitable work carried by
or under the direction of th¢ Society. In so decsdiThg what aciiviti¢s to undertake the trustees have paid duc rtgard to the
Charity ConllnissioA's ¢urrent guidancc an public benefit including guidsnc¢ on advancctnent of religioJL
The objcctivt's of the chgrity ￿ to provide both 5anctuw and Spiritt￿l advice to oth¢T ￿lIgIouS orders and the public for
thc good of the COTuinwLiti¢s the charity serv¢s. to ￿sISt those in need and to promote the word of God and the worshÉp of
Our Lord within th¢ sty)p¢ of what is charitable.
Publi< bellefit
The Cl￿nty'S trustees h2ve referr¢d ¢0 the guidance in the Cltarity Commissitsn's g¢n¢ral guidance on Public Benefii when
revi¢wiTLg the charity's aims artd objeaives attd in p13llning its tiiture activiites. In panicujar, they have considered how
plamwl activitlts will contribute to the aims and obj¢¢tiV¢5 they have set
A¢hieveme#ts perfonnance
Charitable actkvitits
Th¢ charity puts faith into prartice promotln8 th¢ whol¢ mission ofthe Church. pa3torai. evan8¢11￿ and social. by pray¢r,
sttipttTf¢. sacramental lif¢ and sclfless selv1￿. During the ywthcwork of the th￿lty ha5 beett diT¢¢ted towaJd8:
Support of (he Roman Catholic Ch¥￿h in its fftission eonternirtg th¢ welf￿¢ and protection of chÉldr¢tt vulnerable
adults within the tommuruty.
Making *vailable religious couns¢lling, pgrticularly for tknse fa¢ing their own lif¢ ¢TÈse5 or helping othtrs with their
difficulties
DutinE the yt2r Mother Monica und¢rtook a role assisiin8 th¢ Hospital2ty Manager for the Passioni$ts in Minst¢racres
Rttr&at Cct2tre.
FiDaiicial ￿lt￿
Fitkatttixl p05itioN
The ch￿￿ty had net incoming r¢sources for the ye8r of£123.116 (2023 incoming resources £98.9301.
Resetrves poliey
It is the policy of the ch*ity that unrestricted OJnd8 whith have not been desÈ8Da¢¢d for a specific use should be maintained
ai a l¢v¢l ¢quivaI¢nt to between tw¢lve and twenty-four rnonth5 months expendtture. Th¢ trustees considers that reserves at
this l¢v¢l will ensure th￿ in the event of a Si￿lficant ifrop in fi￿dIn& they will be abl¢ to continue the charity's current
a¢tivities while consideT2tion is given to ways in whith additioJth] funds may be r2ised.
Investment polity #nd objectives
Invesllnent strategy is managed by thc tharity's investment advÉsors who lak¢ into account its income requiT¢ment4 the risk
profilt pf the inv¢slm¢nts their vi¢w on th¢ rnJJket prospects in the medium tenn. This stsztegy is set N'ithin an overau
poliq. which requires fijfjds to b¢ inyested in low and medium risk inve5ttnents
Structurey governante a)Dd thaD*g¢ment
The charity ivas established by a ¢haritabl¢ ttijst deed on 4 NovembeT 1964 as amended by Tcsolution passed under sectio
74D of the ChariuesAa 1993 as amended by the Ch2tiiiesAct on 6th January 20I9.
page I

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDEI) 31 IIECEMBER 2024
The Irustees who served during the year and up to thc date of srgn2ture of th¢ fitwi¢ial statements wcrc:
Mother M Curran
Sister P Story
Mother R Capp¢ll¢tti
TnJs(¢es art selected from fully professed metni*T5 ofth¢ Congregation and they are Antroduced to thc rolc and th¢
resportsibility of bEing atnJ5tc¢ by attend8nc¢ at m¢¢tings.
Ort th¢ 31st May 2024 the tDJStee8 changed the charity natnc from Charity for th¢ Congregation ofthe P2ssion of J&%us
Christ to Th¢ Charity ofthe Cottt¢mplativ¢ Pa5sioni5t Nulls mittisterac￿$. Th¢y ￿111 havcthc same charity registration
tt￿ber.
Risk
The truste¢s have a duty to identify and review the ri5k5 to whÈch the ¢harity is expo5￿ and to cnsure appropTÈat¢ eontro15
are irt pla¢¢ to provide rewnabl¢ ￿sUra[1¢¢ ￿ainSt fraud and error.
The tnistees, rep)rt &pproved by th¢ Board of Trustees.
Mothtr M Curr*
Trustee
pagc 2

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
I rcport to the trustees on my ¢xaminatton of tht finartcial statements of Th¢ Charity of the Contemplativc Passionist Nun5
Minist¢racres (the chariry) for the year ended 3 1 DcceTnber 2024.
Responsibilitie5 and bgsis of report
As the trustees of the charity you responsible for the prep&ration of the fIna￿la1 Statements in accordance with the
T¢qULrcm¢nts of the Chariti¢s A¢t 2011 (the 2011 Art).
I report irt FC4)tct of my examination of ib¢ Ch￿ity'S financial ststements carried out under s¢¢tion 145 of the 20E l Act.
In c8ryirts out my exgJnination I have followed all the applicabl¢ Dir¢ctLODS given by the Clwity CommÈssion undet
se￿10n 145(5Kbl ofthe 2011 ACL
Xndependtnt tx*min¢r'$ Statement
I have G(>mpleted my ex2min2ti0fL I confirni that tto tnatrtrs have come to my att¢tttioTr in connection with the
examination givin¢k mc causc kn believe that in aThy matertal T¢$P¢d..
acci)unting records were not kept in KSPXt ofthe charity as requirtl by section 130 of the 2011 A¢ or
the financial statem¢ttts do not accord with those retords.. or
tb¢ financial staiements do ttot ¢omply with thc applieAble requirwnents concerning th¢ form and content of
a¢¢ounts sd out tn the Charitie5 {Accounts and Reports) R¢gulations 2008 other than any requiremcnt that th¢
acts)untB wve a tN¢ and fair view which is not amat¢¢r ¢orssid¢Ted part of an independent examination.
I have con¢ems And have come across no othw Tnatters in connection with th¢ eX￿ninatIon to which attention should
be drawn in this r¢￿rt in order to enabl¢ a propcr tmd¢rstanding of th¢ finan¢iai statern￿ts to bt reach
D8rr¢n H￿dJngACA FCCADCIL4
Rich￿￿ Place DobsorA Services Litnited
1-7 Station Road
Crawley
W¢st Sussex
RHIO IHT
Dat¢d'.
pag¢ 3

THE CHARrrY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
STATEMENT OF FINANCIALACTIVITIES
INCLUDLNG INCOME AND EXPENDITURE ACCOUNT
FOR TIIE IEAR E]VDED 31 DECEMBER 2024
Urtre5tr&cted Uttre5tridtd
fuNds
gemtral designated
Totsl Unrestrictsd Ullr¢stri¢ted
fuhds
d5
general dtsignattd
21ll3
2023
Totxl
2024
2024
2024
2023
Notes
Itteome and ¢ndowments from:
Donation5 lega¢ies
Invesrments
Oth¢r income
100
80
8ri
370
24.893
774
774
29,444
370
29,444
24,893
Total itteome
29,544
774
30,318
24.973
370
25,343
Expexdit￿￿e oll:
Raising fvnds
Charitable attivities
27,794
7.189
27.794
59,919
26.067
7.189
26,067
59,136
52.73Q
51.947
Totsl ¢xpenditure
51730
34.983
87,713
51.947
33,256
85203
Nct g&in51llosse51 on
invcsttncnts
12
180,511
180.511
158.790
158.790
Net intomel(txpettditur¢)
(23.1861
146.302
123,116
{26.974)
125,904
98,930
TT¥nsfrrs between fijnds
13500
{13.5001
Net mov¢m¢Rt in funds
{9,686)
132,8Q2
123,116
(26,974)
125.904
98,930
Reeotsciliation of funds:
Fund balances at i January 2024
104.160
3.071 J99
3,175.559
131,134
2,945,495
3,076.629
Fu￿d balantes #tjl Dett￿b¢r
2024
94,474
3,204201
3.298,675
104,160
3,071,399
3,175,559
The stsiement of financial a¢tivitie5 includes ail gains and losse5 recognised in the year. All in¢ome and ¢xp¢nditure deriv¢
from ¢ontinuitLg activities.
pag¢ 4

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
BALANCE SHEET
ASA T31 DECEMBER 2024
2024
2023
Notss
Fixed assets
Tangible &qs¢ts
Investments
14
Is
734,489
2.525,824
730,009
2.385,833
3,260,3 13
CurrEUt assets
Cash at b2Ak ond in hand
3.115,842
47,287
65,356
Credltors.- amounts falling due wlthltt
year
17
{7,724)
15,639)
Net cmrrellt wets
39563
59.717
Totsl w¢ts leu eurrtttt Itxbilities
3,299,876
3.175,559
Creditors- amoullts f¥lling due ifter more
tbatt olle yÈgr
18
11.201)
Net 4$$ets
3,298,675
3,175,559
The funds of thè ¢harity
Utjrestricted fund%- swcrdl
Urtres¢TiGted fund8- designated
20
19
94.474
3.204,201
104,160
3.071.399
3.298,675
3,175.559
Th¢ fLnatLcial ststements were approved by the rrustees on.... .
Moiher M Curran
Trustee
pag¢ 5

THE CHAIUTY OF THE CONTEMPLATIVE PASSIONtST NUNS
MIYJ ISTERACRES
NOTES TO THE FINANCJAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢¢ountiDg polities
Charity iuformatioll
The Charity of the Cotrtemplativc Passionist N￿tts Mtiiisttra¢re5 is ¢I￿ltable tNst. The prin¢ip8] address is Mo]wt¢ry of
our Lady of Hope. Min5teracres, Near Consetl Co. Durham. DH8 9RT.
1.1 AtcouhtiDg convention
The fllwi¢iaI #atem¢nts havc bcen prepared in accordall¢¢ with the charity's Trt￿t Dee<L the a￿TItl¢S Art 2011. FRS
102 The Financial ReFOrting Standard applicable in the UK w]d Republic of Ir¢iand" I"fRS 102-1 a%Jd th¢ Chasities
SORP "Aceounting and Reporting by Charitie5.' Ststemcni uf R¢Cor[￿ended Pra¢ti¢¢ applicable io tiwities preparÉn8
their ac¢ounts in accorthnce with the Fittgmciaj Rcportirtg 8tandaTd appltcable in th¢ UK gmd Republic of ITeland (FRS
102}. leff¢aiv¢ l 20191. The dwity is a Public B¢nefit Entity ￿ defined by FRS 102.
The tlttrity h45 taken advan¢88¢ of the provisions in the SORP for ciwities not to prware a Statem¢n¢ of Cash Flows.
Th¢ final1ci￿ st2tements have departed from thc Ch£rities (Accounts and Reports) Regulations 2008 only to the ¢xt¢nt
required to provide a and fair view. This d¢parture has involved following the Staicmcnt of Rccommended Practs¢¢
for charities applying FRS 102 rathcr than the version of the Sia(emertt uf RecoTomended Pr2Cii¢¢ whith is ref￿ 10
the R¢gulations but which has since withdrawn.
The fInancial statements are prepard in sterling, which is th¢ fim¢tiot￿I currency of the ¢hgrity. Monetary amoLEnts in
thcsc fij￿￿Lia1 statements gr¢ rounded to th¢ neaTest £.
1.2 GoiDg concern
At thc time of approving ihe financial stateTnCtJts, the trusteu hav¢ a rea50nablc eXpec￿l0￿ that the charity has ad¢quate
rcsourccs tu continue in operational ¢xistencc for the forcsttable firture. Thu5 the trL]Stee5 continue to adopi th¢ goitkg
convm basis of accounting in prepating th¢ financiaI s(attmettt&
1.3 Charitable funds
Urtr¢strict¢d funds are available for use at the discretiotL ofthetru8tees in fi￿th￿re oftheir clwitabl¢ objectives.
Desigttated fiujds are ihosc s¢t &%ide 3s deteTmÈned by the trust¢e& Furthcr cxplanation of the nawre and purpos¢ of each
fund is includd in thc notes of th¢ financial statemenrs.
1.4 Intomè
Income is r¢wgnised when the ¢harity is l¢gdly entitlcd to it after p￿formanc¢ Gonditions have been mel the
amounts be me&$u￿d rcliably, and xt is probable that incosne w511 be received.
DoftatiOTL8 gft rccoguised wh¢n the charity has reccived norificatiot2 ofboththe amount 8a]d settlement date.
Income from dwrtiable activities repres¢nts state pensions received for eath 3iSter and 1$ reCognis￿ when Tt is receiv&l.
Other illWrn¢ T¢presents amounts rxeived from ofgem in relition to th¢ Renewable Heat Interttiv¢.
1.5 Expenditur¢
Liabilities are recognised as ¢xp¢nditure as soon as thttt is a legal or constructive obligation Committing the dtsrity to
that expenditure, it is probable that & transfer of ecortorni¢ b¢ncfits will be required in settlement and rhc atnount of the
obli2ation can be TneasuTed reliably. Expenditure is accounted for on att a¢¢ruais b&8is and has been (1￿]ried under
h¢adings that aggregate all cost related to the catC80ry. Where w5ts cannot be directly atttxbuted to partiadar htadfftgs
th¢y have been allottted to activities orÈ ab&%É3 consistent with the use of resources.
pag¢ 6

THE CHARITY OF THE COIYTEMPLATIVE PASSIOLYIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTIIYUED)
FOR THE YE4R ENDED 31 DECEMBER 2024
Att0￿￿ting policie5
(Continutd}
1.6 Txngible r￿ed assets
Tangibl¢ fIxed &8sets are initially me&8ured at cost and Subseq￿endY mwured at cost or Y&lUatiO￿ net of deprcciation
and arty impainn¢nt losses.
Depreciaiion is recognised so as to writ¢ off the cost or valuation of assets 1¢95 their residual values over their weful lives
on the followfftg bascs-.
Land 3na buildings
Fixwr¢s, fittirtgs & equipment
Motor vchi¢les
TQ/ts Straigbt lirte
IOYO rEducing balan¢¢
250/q reducing balance
The gain or Ios5 ￿EsIng on the disposal of an tqsrf is determined a5 the difference b¢twcen the 8a1¢ prncccds and the
¢gnying value of the a%seL and is recog#ised in th¢ statement of financial activities.
1.7 Fixed asset illVt5tments
Fixed a5S¢i itiVCSttn¢nts are ioitially measurd at tratt$aGtion price exGluding trgn5action costs, #nd 8re subsequtntly
measured at maTket value at eath [q￿rttng da￿ Chang¢s in markct value are re¢ogntsed in net incomcl(¢xperEditur¢l for
th¢ year. Transa¢taon costs ate eXPe￿ed 0$ incurred.
1.8 Impairment of fts¢d assets
At each r¢porting end dat¢, the charity rewews the ¢atrying amounts of its t&ngible &%seLS to deterniine whether the￿ 1$
y indic*ion that those assets have $uffered an impaiTment loss. If 3Dy such indi¢arion &￿St4 the recoverable amount of
the ￿SeL is estimated iti ordcr to detetmifje the extent of the impairm¢nt loss (if any).
1.9 Cash *knd equivalents
Cash represents amounts h¢ld on Short term deposi¢ a¢wunts and 1$ measured as the actual amount of ca8h held ￿ th¢
acwunt.
BasiefEn&nciulliabilld&¥
Creditors arc recogllised wher¢ thc charity has a present ¢blKgation resuttiog from a past event t[￿t will probably result in
-ts af fi￿dS to a third porty and the amount du¢ to settle the obligation can he measured or esi(ma(ed r¢liably.
Creditors 2re nomially reco￿1$¢d at th¢ir scttlement amount after allowing for any discounts due.
1.10 TaxAtion
Thc ch*rity is exempt from tLx on its tharitable activities.
1.11 Employee betyeflts
The wst of any tsnus¢d holiday entitlement is t￿￿nISed in the p¢riod in which the ¢mployee'$ scrvices 8re re¢¢ived.
T¢rnLination bctteffts are reco￿)1$¢d immediately as ¢xpMse wh¢n the eharity is delnonstrably commÉtt¢d to terminat¢
¢tL¢ ¢mploymcnt of an employee or to provide (emiination b¢n¢fKts.
1.12 Foreigti ¢xchange
Assets and liabilities in foreign Gurrenci￿ are tr￿lIated into s(¢rling ai the ntes of ￿change nding at th¢ batance sheet
date. Tran5actTQn5 in foreign currencies are traTaslated into 5tcrling ai the Atc of eXth￿ ruling at the date of
tran8aGtion. Exchange diffcrcnces are taken to the Stat￿llent of fjnartcial acitvit2¢5.
Costs of ch8Ti(abl¢ activities ar¢ Incu￿¢￿ on the ¢harity's OlWtiDll4 including SUPFQrt costs and c05L8 relating to the
goveman¢¢ of the charity apportioned to c&8Titabl¢ acttvities.
Govemaoce costs include costs incurred in d¢aling with the legal and admÈnistration duties of the ch3rtty and
reco￿l$ed when ineurred. These ar¢ now includcd within support costs and allocated to direct ch9ritabl¢ a¢tivitLes.
page 7

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST IYUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMENrs (coNrINUED)
FOR THE EE4R ENDED 31 DECEMBER 2024
Accounti￿¥ polities
{Continuedl
1.13 Realised g*ltts and 10ss¢5
All gains and losses are taken to the statement of firwicial adivities &s they arise. Realistd gwns attd losses o
invcsttnents ar¢ ¢alculattd as the diff¢r¢nce benveen sales p]oceeds and th¢ir opening ¢arrytng value or the￿ purCh￿C
valuc if a￿lltred subscqucnt to the first day of the financial year. Unreali$¢d gains and losses ar¢ calculated as the
difference between the fair value at the Ye￿ end atLd th¢￿ tatrying value. Realised &TLd unTeali$ed itkvestmcnt gains and
losses ar¢ combined in th¢ Statemtnt ofFinatt¢ial ActiVLues.
Criti¢#l aecountlttg e5tÉmates l￿d judgetttexts
In the application of the charity's accounting policies, thc ttustses art rcquir¢d to make judgements. estimates and
a5%umptions aboui the carrying amount of assets and liabilities that are not readily appatcnt from other sourG&S. The
estiJrLates and asswiated 18sumptions are bgsed on historica] experi¢nce 2nd other factor$ that are consid¢red lo be
r¢l¢v#llL Actu￿ resylts may diff¢r from these cstimatts.
The es(imat¢5 and underlying assumptions ￿e reviewed on an ongoing basis. Rcvi5É0ns to a¢Munitng Estimates ar¢
recognised in lh¢ period in wltich the estiTnatc is revised wherc thc revision affects only that period. or in th¢ period of
the revision and futtjre periods wherc the revision affrcls both curreA¢ aTLd future periods.
Residu￿ cstimatrd vaIu¢ of land 2nd building is in axcess of Cost tkn prop¢rty is not being impalred.
Income from ddh#tioDs alld legacits
UllrestrRthd
fitDd5
UDrestri¢t¢d
fund$
2023
2024
Don8110￿ 8ifts
IIK
so
Imeome frorn Investments
Uarestritted Ullre3trict¢d
funds
fiEnd$
desixmated
designated
2024
2023
Intsrest receivabl¢
774
370
page 8

THE cHAR￿y OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTIPIUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Oth¢T incomè
Unrestri¢ted Utsrestiicted
fllttd$
fullds
2024
2023
Nei gain on disposal of tan8ibl¢ fixed assets
OttLtr income
SiEters penston
3.910
4.052
21,482
5,595
19,298
29,444
24,893
Expenditur¢ orA ralslttg ￿ndS
u￿rÈstrIcted Unrestrithd
funds
futhds
designat¢d
dtsignated
2024
2023
Itive5tment maAagcmcnt
27,794
26.067
page 9

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MtNISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE IE4R ENDEII 31 DECEMBER 2024
Expenditu￿ ¢h#rit#bl¢ adisryties
Dirtet
Charitable
E%penditure
Charitable
Expenditure
2024
2023
Dsrect Costs
Depreciation and llnpairment
Rates and watcr
Insur&nce
Light and heat
Telephone
Postagt and stationery
Sundries
Charitable donations
Motor travclling expenscB
SisteTS ncds
Repairs m2inienance
M¢diG•l
Compuier expenses
Licences
16.929
774
1,892
{587)
845
191
1,100
3,359
994
18.395
5,249
4.047
50
170
15,218
388
2,798
4,078
1,498
1778
102
15.722
3.526
5,368
497
53.408
52,659
Share of 511PPOrt and governance costs (see ttote 81
Support
Governance
191
6J20
95
6.382
59.919
59,136
Anatysis by fund
Unr¢5trÉcted fund5- general
Unre8tri¢t<l furt&%- d¢$ign#t¢d
52,730
7,189
51,947
7.189
59,919
59.136
p￿e 10

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCLAL STATEMENTS (CONTINUED)
FOR THE IFAR ENDED 31 DECEMJYER 2024
Support costs
Sllpp•rt costs Goverllante
2024 SUpp￿rt Costs Gov¢rnance
costs
2023
Bank charges
Loan interest
126
65
126
65
95
95
Independent ¢xaTnincr fees
Legal and professionaj
6,320
6.320
742
742
191
6320
6,511
95
6,382
6,477
ADaiy5ed bctsveen
Charitable activities
191
6.320
6,511
95
6,382
6.477
Governance eosts includcs pay]n¢nts to the independ¢ttt ¢xgmitkers of £2.400 {20￿- £2,41K>) ror accounts prtP8rntion
and independ¢nt examination.
Net movement th futtd$
2024
2023
The net mtsvcmcnt in fijnds is stated after cha4itW(¢r¢diting):
Fets ptysble to the charity's independent examiner:
- for thc indcpendent examinauon of th¢ ch￿[￿S fLnancial statements
- for other financial servic
D¢pre¢iation of owned Langrible fixed a%set$
Profit on disposal oftangible fixed ass¢ts
2,40Q
3,920
16.929
{3,9101
2,400
3.240
15.218
10 Trnstees
Non¢ of th¢ trusttts (or any persons ¢onneKtrd with them) Te¢eived any remulleration during the year.
Trn$tees' expenses
Thc ttustees tre also members of the community. m￿nber$ of th¢ ¢ominunity are maintatned by th¢ dwity and the cost
of PT¢mis¢s, mc2]s gnd othtr IiviDg ax￿￿e$ in r¢sp¢ct of e4ch sister art paid by the oharity.
li
Employ¢e5
2024
Number
2023
Number
Total
page 11

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMEwfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
IZ Net gainsl(losses) on ittvtstmcnts
Utt￿trkted UTrrestritted
flllld$
funds
D¢signatsd Designate41
2024
2023
Revaluatioo of investments
Gal￿(10$$) on sale of invcstsncnts
176,182
4,329
155,820
2,970
180.511
158.790
13 Taxation
The charity is exempt from t￿atIOn on its activities b¢¢ause all its incom¢ is applied for chariiable purpos¢s.
14 T•llgible fixed xs5¢ts
Lgnd irydTrlxlurt4 fithllgs Motorwthletts
build$￿£$ & equipt￿l￿1
Totsi
Cost
At l Jattuary 2024
Additions
Disposa]s
730.000
73.888
3 1,985
30.450
(16.5301
835,873
30.450
(16 J301
At 31 December 2024
730,000
73,888
45,905
849,793
Dep￿¢￿￿tion And impgirrttetst
At l January 2024
Depreciation charged in the year
Eliminated in respect of disposels
44.434
7,189
48.719
2,517
12,711
7,223
17.4891
105,864
16,929
(7,4891
Ai 3 1 Dccetnber 2024
51.623
Sl236
12.445
115.304
CarryiAg amollnt
At 31 D￿eMber 2024
678.377
21652
33,460
734.489
At 31 December 2023
685.566
25.169
19.274
730.Q09
On completion of the buildin8 work the projw was vatued at £730,OIMI. On Jdoption of FRS 102 th¢ tn￿e¢S have
¢l¢¢£ed io adopt this valuation &8 deemed COSL
pa8e 12

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE IE4R E]VDED 31 DECEMBER 2024
15 Fixed *skt investmtllts
Llrt¢d
investmtnts
Cash in
portfolio
Totsl
Cost or y￿￿4110
At l J2nutry 2024
Additions
Valuation changes
Intome
Purchzses
Di5posaJs
2,350296
23,106
176,182
35,537
2,385.833
23,106
176,182
57,801
(64.4001
(52,6981
57.80I
{64.400)
(52.698)
At 31 December 2024
2,496,686
28,938
2.525.824
C8rrying amount
At 31 Dtcember 2024
2,496.886
28,938
2,525.824
At 31 Dccember 2023
2,350,296
35.537
2J85,833
H5Morical Costs
At 31 December 2024.. £1,514.297
At 31 Decctnber 2023= £1.507.592
There w¢r¢ no invE5tsnent &ssets outsideth¢ UK.
The following itEves(m¢nts wtte h¢ld that reprts¢nted over 5Y• of portfolio holdings..
Dime]￿lo￿al Globd Core Equity D A¢¢- 16.52•/0116.32Q/o)
Dim¢rEsional Global Short Dates BdA¢c. 59.37Vlo159.OW/o)
Dimen5iunaJ Global T8rEeted Value D Acc- 16.210/o116.52Q/y
RevaLuatignres¢Tv¢ of £982,58812023.. £842,704) ar¢ included in desi￿led fvnds.
16 Loans overdvAfts
20Z4
2023
Other loans
3,777
Payable withtn one year
Paytbl¢ afitr onc year
2.576
1,201
The long-tenn loans are secured by fixed char8¥.
A loatl of £5,000 has provided by a fLnancial servic¢3 ¢ompany who have charged iniewton the loan.
The loan is for a ¢ar and is ovcr a terni of 24 monthly payM¢nts with an intcrcst rate of2.5/fj pa. The r￿st repaym¢nt wos
made on 5th July 2024.
page 13

THE CHARITY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINANCIAL STATE￿￿Nrs (CONTINUED}
FOR THE YE4R ENDED 31 DECEMBER 2024
17 Cr¢ditors: amounts fillltti dve within otte y¢¥r
2024
2023
Bormwings
Other rr¢ditors
A¢¢n￿$ and d¢ftrr¢d income
2,576
2,029
3.119
1.322
4,317
7,724
5,639
18 Credittsrs: amounts falling due afttr mort one yvdr
2024
2023
Borrowings
1.201
19 Unrestricted fund$- dtsign¥ted
Thr$¢ ut]restricted fiJnd8 whieh ate m&t¢ri8J to the Gharity's activities.
At l J211U¥ry
2024
Intoming
re50urees
Resources
¢xp¢od
Tramsfers
Gains 84dAt 31 December
lo55es
2024
Investment Fund
Land and
Building Fund
2.3S5,833
774
(27.794)
113,5001
180,511
1525.824
685,566
{7,1891
678,377
3,071,399
774
(34,9831
(13.500)
180,511
3,204201
Previous year.
At l J¥ryuY4ry
2023
Rp50urces
¢￿Ended
TrAusfers
G#itt$ audAt 31 December
lo$$es
2023
rtsourees
Investment Fund
Land and
Buildin8 Furtd
2,252,740
370
126.067)
158.790
2.385,833
692,755
17,1891
685.566
1945.495
370
(33,2561
158.790
3.071.399
Th¢ Investments Fund is s¢t a¥idc to provid¢ incotne for the ongoing needs of th¢ sistcrs in their ttXiniStri¢5 and ongoing
care.
The Lortd and Bu2ldEngs Fund is Sd Lsidc to ECPTesent the d]8Tity'5 use of the l¥md and buildittgs in pur5uanc¢ of its
¢haritable objectives.
pag¢ 14

THE CHAIUTY OF THE CONTEMPLATIVE PASSIONIST NUNS
MtNISTERACRES
NOTES TO THE FINANCIAL STATEMENTS (COIYTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
Ullrestricted f￿ttdS
Th¢ unrcstricted fi￿d5 of the rharity comprise thc unex￿nded baI#JJces of dojjaiions attd gT¥Jts which *e noi subj2Ctto
specific conditions by donor5 and Erat)tor5 as to how they may b¢ used. These include d¢signated fvnds which hav¢ been
set aside out of unrestricted funds by the trustees forspecific purposes.
At l
Incomiag
rtsources
Resourcts
expended
TrAnsf¢rsAt31 DétÈmber
2024
2024
General fimds
IIU,160
29,544
(517301
13,500
94,474
Previous year.
At l January
2023
Resour¢
txpmdtd
Tratt5fersAt 31 Deeembtr
2023
rtsottrces
Gen¢raJ fiJnds
131,134
24,973
151.947)
104,160
21
Anaty5is of xét4ssets betw¢¢D funds
Uknreshicttd Unrestricted
funds
de5igttAted
2024
Totsl
general
2024
2024
At 3] December 2024:
Tangible assets
Lnvcsttncnts
Current assetsllliabilttics)
Long term liabilities
56,112
678,377
2,525.824
734.489
2,525,824
39,563
{1,2011
39.563
94,474
3,204,201
3,298,675
Unrestrleted Unrestricted
funds
fund5
genernl
designated
2023
Total
2023
2023
At 31 December2013:
Tangible 555cts
Investments
Current 8ssetsllliabilitLesl
44.443
685,566
2,385,833
730,009
2.385.833
59,717
59,717
104.160
3,071,399
3.175.559
pag¢ 15

THE CHARtTY OF THE CONTEMPLATIVE PASSIONIST NUNS
MINISTERACRES
NOTES TO THE FINAIYCIAL STATEMENrs {coiYrINUED)
FOR THE ENI)ED 31 DECEMBER 2024
22 Related p*rty traMs#etions
There were no disclD5able relai¢d paty trarisactions duringtheyear (2023 - non¢l.
page 16