CHARrrY REGISTRATION NUMBER: 238229 Trust Properly Administered In Connection With The Religious Of Mary Immaculate Unaudited Financial Statements 31 December 2025 Chartered accountants Cambur9h House 27 New Dover Road Canlerbury K8nt CT1 3DN
Trust Property Administered In Connection With The Rellglous Of Mary Immaculate Financial Statements Year ended 31 December 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial slatements The following pages do not form part of the financial statements Delailed statement of financial activilies 17 Notes to the detailed statement ol financial activities 18
P8ge 1 Trust Property Adrninlstered In Connection With The Religious Ot Mary Immaculate Trustees. Annual Report Year ended 31 December 2025 The trustees preseni their report and the unaudited financial stalements ol the charity lor the year ended 31 December 2025. Referen¢e and administrative details Trust Property Administered In Conneclion Wilh Tfve Religious Of Mary IrlaCUlaIe Reglstered charity name Charity registration number 238229 Prin¢lpal offlce 15116 Soulhwell Gardens London SW7 4RN The trustees Sr C Arenaz Sr l M Gregi5 Sr A 8 Araujo SILAPRoza5 Sr P F Dakouo Sr A R Torres Sr E E Fabic (Aetired 13 September 20251 IR*iied 13 Septsmber 2025) IAFpointed 13 Soptember 20251 IAppoinled 13 September 20251 (Retired 13 September 20251 Accountants Burgess Hodgson Audil Limited Chartered acctsuntants Carnburgh House 27 New Dover Road CaMleUrY Kent CT1 3DN
Page 2 Trust Property Administered In Connection Wlth The Religious Of Mary Immaculate Trustees, Annual Report (eontlnJJ&d) Year ended 31 December 2025 Structure, govern8nce and rnanagement The financial statements comply with the 5talulory requirements, the governing document and th SORP (revised 2015 IFRS10211 of accounting and reporting by charities. The qoverning docurnent regarding the charity's constitution is a declaration o,. Charitable Trust dated 14th October 1957. No formal mothod has been adopted by the charrty for the appointment and training ol trusteès. Truslees are appointed internally based upon their experience and knowledge. Strategic decisions are taken by thé trustees with the main day-to-day management decisions taken by the Sisiefs. The Provincial House is In Paris and the Sisters. c.onvent in London Is Dne DI ilie many hoLJses Ihroughout the world. The Sisters have established a hostel lor girls providi49 lodging and spiritJal care. Risk Management The Charity is dependent on tts functional property and any unforeseen damage lo this property, such as lires, represents the largest risk lo the charitys abil',iy to continue operations. The TrLJStees ensuro thaL the property is adequately insured In the eveni ol any such cataslruphe and the levels ol insurance are reviewed on a reqular basis, which in¢orporates heah and safety reviews. The trustees also have in place policies and procedures to cope with any beneficiaries requiring shelter and spiritual care. Objectives and activilies The principal activity of the Charity as defined in the governing documenl is the advancement of the Roman CathOlc religion in England & Wales. The trustees are free to Invest the funds of the charity as they feel is appropriale. Public benetit The Trustees Luiiliiiii Ilial they have complièd with their duly as pr8EGrib8d the Charities Act 2011 tn have duè rard to the Charity Cornmiss10n's guidance on public benefit. Achievements and performance Soulhwell Gardens had all rooms in '.he building available. This totals 46 rooms providing 67 beds. The estimated usage ol the hostel compar8d to maximurn capacity Is as follows:. Soulhivell Gardens 91.86°/.12024. 91.75°/.1 The o¢¢upanoy in the year has increased cotnpared lo tne prior year.
Page 3 Trust Property Administered In Connection With The Religious Of Mary Immaculate Trustees. Annual Reporl iconliftuedl Year ended 31 December 2025 Financial rèview During the ye3r, there ivas an increase ol lund5 lotalling £25,83612024'. £31,320). The charity made donatioris to Provincial House 01 £73,00012024.. £32,483) during thé year. The total bank balance was £956,42712024'. £914,428) at the year end. Reserves The Trust's resere8 at the year end totalled £2,071,72012024.' £2,045,884). There are no restricted or dèsignated funds. The Truste continued to maintain resewes during the period appropriate to meet the lulure charr(able oble¢tives of the charity, with the aim of maintaining the fund lo enable the charity to continue to provide spiritual care and hostel services. The charily is depencjenl on itg functional property in South Kensington and any unforeseen damage ID this property, such as a lire, represènts the largest risk to the c4aritls ability to conlinuE operations. The T¥uslees ensure Iat the woperty is adequately insured in tle event ol any such catastrophe and the levels of Insurance are revsewed on a regular basis. Plans for future peTiod$ The main strategy lor the foreseeakile future Is the further advancernent ol the Roman Catholi¢ rcligion aDd in oirect GonneGliun lo provide shelter and spiritual care tor visitors. Trusteès, responsibilities statement Th trvstoès are responsible lor preparing the trustees, report and the linayrial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generdly Accepted Accounting Practicel. The law appliGable to charstses in England and Wales requTres the charty trusiees to prepare financial statements lor each year which give a true and lair wew ol the stale ot allairs of the charity and ol the incoming resources and applicalian ol resourc.es. of the chaiity lor that perio(J. In preparing these financial staièTnents, the trusiees are required to-. seleci suitable accounting policies and then apply them consistenlly., obseTve the methods and principles in the applicable C.harrties SORP.. make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standardg have bEQn followed, subject to any rnaterial departures disclosed and axplained In the financial statements., prepare the financial stateffjents on the going concern basis unless it is inappropriate to presume that the charity will continue In business. The trustees aTe responsible lor keeping adequate accountlng records that are sufficient lo show and explain the charitys transactions and disclose with reasonablÈ accLJracy at any time the financial position of the charity and enable them lo ensurc Ihal the financial statements cornply with the Charities A¢t 2011, the applicable Charities IAccounts and Reports) Regulaliors, and the provisions ol the Trust DcÉd. They are also rpsponsible tor safeguarding the assets ol the charty and hence for taking reasonable steps lor the prevention and deiection of fraud and olher irregLJlariiies.
Page 4 Trust Property Administered In Connection With The Religious Of Mary Immaculate Truslees. Annual Report (contlnued? Year ended 31 December 2025 The trustees, annual report was approved on Iruslees by.. ..W-. thand signed on behalf ol the board ol Sr L Alvarez Trustee
Page 5 Trust Property Administered In Connection With The Religious Of Mary Immaculaie Independent Examiner's Report to the Trustees of Trust Property Administered In Connection Wilh The Religious Ot Mary Immaculate Year ended 31 December 2025 I report lo the trJstees on my examinaion ol thè financial stalemenls ol Trust Property Adrninistered In ConneGtion Wiih The Religious 01 Mary Irnmaculale I'lhe charity'l for the year ended 31 December 2025. Responsibilities and basis of report A5 Ihe trusteès ol the charily you are responsible for thè preparation ol the financial slalements in accordance with the requirefflenls o,, the Gharities Act 2011 I'the Acl'l. I report in respect ol my examinaticn of the Charity's financial Stalemenls carried out under sectiDn 145 ol the 2011 Act and in carrying out my examinatlon I have followed all the aFplrable Directions given by the Gharity Commissioll urider section 14515llbl ol the Act_ Independent examiner's statement SirKe the charity's gross INcome exceeded £250,000 your examinèr musi be a member ol a body Ilsted in section 145 01 tre 2011 Act. I conllm that l am qualified to undertak8 the examlnalion bacause l am a member of the Instrtute ol Chartered Accountants in England and Wales IICAEWI, which is one ol the11518d bodies. I have completed my examirTration. I confirm that no material matters have corne lo my attention in connection wilh the examination givirig mo ca'Jse lo believe that in any material respect.. accounting records were not kep in respect ol the chayiy as required by section 130 of the Act". or the financial statements do not accord with ihose records., or the financial statements do not comply with the applicable requirements GonGerning Ihelorm and conteni of accounts sel out in the Charities IAccounls ar7d Reports) Regulations 2D08 other than any requirement Ihal the accounts give a 'true and fair, view which is not a matter cunsidered as part of an independent examination. I have no concèrns ano have corne across no other rnatters in connection wilh thè examination 10 whiGh attention should be drawn in this repoit in order io enable a p."opcr underslandirig ol the accounts to be reachecl. Golin Reid Independent Examiner Carnburgh House 27 New Dover Aoad Canlerbury Kent CT1 30N
PBge 6 Trust Properly Administered In Connection With The Religious Of Mary Immaculate Statement of Financial Activities Year ended 31 December 2025 2025 2024 Unreslricle funds Totsl funds Total funds Not8 Income and endowments Donations and legacies Investment income Other income 631,688 9,911 10.636 652,235 631,688 9,911 10,636 652,235 575,019 11.764 15.600 602,383 Tolal Income Expenditure Expcnditure on charitable actii vitie) Total expenditure 626,299 626.399 626,399 626,399 571.063 571,063 Net incomè and nèt movemÈnt in funds 25,836 25,836 31,220 Reeoneiliation of funds Total funds brought forward Total funds carried forward 2,045,884 2,045,884 2,014,564 2,071,720 2.071,720 2,045,884 Thts ¢talAmAnl Df financial activities includEs all gains and lossas r8cognised in the year. All incorne and expenditure dBrive from Continuing activitie5. The noies on pages 9 to 1$ torm part ol these fSnan¢lal stalement$.
Pag• 7 Trust Property Administered In Connection With The Religious Of Mary Immaculate Statement ol Flnancial Posltlon 31 December 2025 2025 2024 Nc¢te Fixed assets Tangible fixed assets 14 1,188.398 1,189,335 Current assels Debtor5 Cash at bank and in hand 15 1.148 956,427 957,575 914,428 914,428 Creditors.. amounts lalling due wilhln one year Net cuireni assels Toi818ssets less currènt liablli118s 16 74,253 57,879 883,322 2,071,720 2,071,720 856,549 2,045,884 2,045,884 Net assets Funds ol the charity Unrestricted funds 2,071.720 2,071,720 2,045,884 2,045,884 Total charity funds 18 Th¢se financial statements we approved by the board ol trustees and authorised lor issue on 1. ..3.).. and are signed on tseht ol the board by: 14 Sr L Alvarez Trus+ee The notes on page5 9 to 15 form part of these financTral stalernents.
Page 8 Trust Property Administered In Connectlon With The Religious Of Mary Immaculate Statement of Cash Flows Year ended 31 December 2025 2025 2024 Cash flows from operating activitiès Nel incoma 25,836 31,320 Adyugiments for.. Depreciation ol tangible fixed assets Other inlerest receivable and similar income Interest payable and similar charges AccrrJed expenses 2,005 19.9111 B81 5.102 4,194 111,7641 739 12,9Q6 changes in.. Trade and other ¢red1tors 10,124 34,037 4,032 Cash generated frorn operations 41,427 Interest paid Interest received 18811 9,911 43,067 17391 11.764 52,452 Nel cash from operating activities Cash flows from investing activitSes Purchase ol tangible assets Net cash used in investing activities 11,0681 {1,0681 11,5591 11.5)91 Net increase in cash and cash equivalènis Cash and cash equlvalents al beginning ol year Cash artd cash equivalents al end of year 41,999 914,428 863,535 956,427 914.428 The notas on pages 9 to 15 form part of these financial ststernents.
Page 9 Trust Property Administered In Connection With The Religious Of Mary Immaculate Notes to the Financial Stalements Year ended 31 December 2025 General information The charity is a public benefit entity and a registered charity in England cind Wal&s and is unincorporaled The address of the principal ollice is 15116 Southwell Gardens, London. SW7 4FIN. Statement ol Compliance Thèse linaneial slalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic ol Ireland,, the Statement ol Recommended Practice applicable to charitips preparing Ihgir accounts In accordanc6 with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 Icharil e SOFIP IFRS 10211 and the Charities Act 2011. Accounting policies Basis of preparation The financial slatemenis have be&n prepared on the historiknal cost basis. as modified by ihe revaluation ol certain financial assets and liabilities and investment properties measured ai fair value through income or expenditure. Th8 financial statements are prepared in sterling, which is Ihe functional currency ol the entity. Going concern Therc are no rnalerial uncertainties aboui the chic rity's ability to coniinue. Judgements and key sources ol estimation uncertalnty The preparallon ol the financial slaternents requires rnanagemeni to make judgements, estimates and assumptions Inat affect the amounts reported. These estimates and judgements are continually reviewed and are based on experiénce and othÉr 12clors, including exD6ctatsons ol future events that are believed lo be reasonable Ljnder the circurnstances. Foreign currencies Foreign currency iiansactions are initially recorded in Ihe ILJnctional currency, by applying the spot exchange rate as al the datg ol the transaction. Monetary assets and liabiliiies denomlnaled In foreign eurrencies are translated al the exchange rale wlSng at the reporting date, with any gains or losses being taken to the statement ol financial activities. Fund accounting Unrestricted funds are available lor use at the discretion of the trustees io further any of the chaiity's purposes. Designated funds are unrestricted funds earmarked by the trustees lor particular future projecl or commitment. Restricted funds are sublected lo restrictions on their 9xpenditu cleclared by I'n& donor or through the terms ol an appeal, and fall into one ol two sub-classes.. restricted income tunds or endowment funds.
Page10 Trust Property Administered In Connection With The Religious Of Mary Immaculate Notes to the Financial Statements (Gootinuedl Year ended 31 December 2025 Accounting policies {coniJnutcll Incoming resources All income is included in Ihe slalement ol financial activities when entitlement trias passed to the charily, it is prabablc that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably tneasured, The following specific policies are applied to particular categories ol income Income from aenaiions or grants is recognised when there is evidence ol entillemenl ro the gift, roceipl is probable and its amount can be measured reliably. Legacy incom6 is recognisèd when receipt is probable and enlitlement Is established. Income from donated gooJs is measured at the laii valu8 01 tne goods unless this Is Impraclicle to measL're reliably, in which case the value is derived trorn the cost to the donor or the estimaied resale value. Donated facilities and services are recognised iii the accounts wliefi received il the value can be reliably measured. No amounts are inclLJded for the contribulion of qeneral volurtleers. Donations from the provision o15helter is accoLnted tor on an accruals basis. To the extent that the Charity makes limited Charges to visitors 10 ¢over the ¢ost ol sÈNi¢es while resident these are recorded when received. Resources expended Expenditure is reGognised on an a¢¢ruals basis as a liability is Incurred. EKpendilure Includes any AT which cannot be fully iecovered, aid is classified under headinos DI the qtatement of financial activities lo which it relates.. expenditure on raising funds InGludes the costs ol all lunclraising activities, events. non- charitable trading activities. and the sale of donated goods. expendiluie on charitable activities includes all costs iiicurred by d charity in undertaking aciivities ihat further its charitable aims tor the benefit ol its béneficiaries, IncldIng ihose support costs and costs relating lo the governance ol the charity apportioned lo Qharilable activities. oiher expenditure inrludes all expenditure that is neither relalod to raisir.g funds lor Ihe charity nor part of its expenditure on charitable actiwties. All costs are. allocalpd to expenditure caleoories reflecting the use ol the resource. Direct costs attributable to a single activity are allocated dirgctly to that activity. Shared costs are apportioned behveen the activities they conlribute to on a reasonable, justifiable and consislenl basis. Tangible assets Tangible assets die initially rècorded at cost, and subseqLJently slated at cost less any aecumulaied depreciation and impairment losses. Any tangible assets carried al revalued amounts are recorded al the lair value at the date of r&valualion less any subsequent accumulateti deprecia1ion and subsequent accLmulated impairment losses.
Page11 Trust Property Administered In Connection With The Religious Of Mary Imrnaculale Notes to the Financial Ststements fconlinLiedJ Year ended 31 December 2025 Accounting policies l¢oniinuedJ Dèpreciation Depreciation is calculated so as lo write off the cost or valuation ol an asset, less its residual value, over the userul econom.'c lite ol that asset as follows". Fixtures and fittings Equipment The freehold property and long-term leaseho property is not depreciatcd and arc h81d at Cost, only revalued when it is likely tiat the properties will be solc. 10Q/o siraight line 15°/¥ Straight line Impalyment ol lixed assets A review lor Indicators of Irp.pairment is carried out at each reporting date, with the recoverable amount being estimated wher2 such indicators exist. Where the carriing Valu cxcegd8 Ihc recovorable amount, the asset is impaired accordingly. Prior impairmellts arè also reviewed lor possible reversal at each reporting da; Financial instiuments Financial liabilities and equity instruments are classified aOrdIng to the substance ol ".he contractLal arranqemenls entered into. Debtors and Greditors iyith no sialed Interest rate alld receivable Dr payable wilhira one year are record?d at trangaciion prire. Any losses arising Irorn ifflpairmenl are recognised In ihe profit and loss account in other administrative expenses. Loans and borrowings are inilially recognised al tran%acLion price intluding transaction p.osts. Subsequently. they ar8 measured al amortis* cost using the effectv& interest rate method, Ipss imparmenl. 11 an arrangement conslilules a finance transaction il is measuréd at present value. Defined contribullon plans Con¥ributions lo dèfined contribution plans are recognised as an expense in th& period In which tne relatgd service Is provided. Prepald conlribulions arg recogniqed as an asset to the extent that the prepayment will lead lo a reduction In future payments or a cash refund. Donatlons and legacies Unrestricied Total Funds Unrestricted "fotal Funds Funds 2025 Funds 2024 Donations Donalions - Provision ol shelter Donations - General Pensions Income Laundry Charges 572,905 28,026 23,650 7,107 631,688 572,905 28,026 23,650 7.107 515,285 7,478 37,775 14,481 515,285 7,478 37.775 14,481 575,019 631,688 J75,019
PBge12 Trust Property Administered In Connection With The Religious Of Mary Immaculate Notes to the Financial Statements {6ontinbBdl Year ended 31 December 2025 Investment income Unreslricted Total Funds Unresiricted Total Funds Funds 2025 Fund5 2024 Bank interest receivable 9,911 9,911 11,764 11,764 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other Income 10,636 10,636 15,600 15,600 Expènditure on charitable activities by fund type Unrestricted Total Funds Unreslricled Total Funds Fun¢Js 2025 Funds 2024 Provision of hostel and support services Advancemerit of the Roman Catholic Religion 269,080 269,080 196,578 196,578 148,649 148,649 127,290 127,290 A7 4rtc 626,399 626,399 571,063 571,OG3 Expendiiutre on ¢haritablè activitles by aclivity typ AGtivilies undertaken directly Support cosis Total funds 2025 Total lund 2024 Provision ol h05tel and support services Advan¢amenl ol the Roman Catholic Religion Governance costs 269,080 188,278 457,358 389,637 148,849 148,649 20,392 127,290 54,136 20,392 417,729 208,870 626.399 571,063 Analy$i& 01 sUPPQrt Costs Support costs Total 2025 Total 2024 Governance casts Wagas and salaries Telephone Off ice costs Sh08s and clothes 20,392 133,838 16.991 1.241 4,301 20.392 133.838 16,991 1,241 4.301 54,136 127,838 11.289 641 1,922
Pag813 Trust Property Administered In Connection With The Religious Of Mary Imrnaculate Not8s lo thè Financial Statements ¢ronlirt) Year ended 31 December 2025 Cro¢kgry Heatth Bank chargos 8ooks, magazings and newspapers Support cosls - Health & safety 345 11,038 881 2,061 17,582 208,870 345 11,038 881 2,061 17.582 208,670 254 37.315 739 1,672 11,389 247,195 10. income Nèt income is staled after char9ing/lcreditingl'. 2025 2024 Depreciation ol tangible fixed assets Forèign exchange difference5 2.005 719 4,194 11. Independent examination feÈs 2025 2024 Fees payable to the independent 8xaminer for-. Indep8ndenl èxamination ol the financial statgmenls 4.140 3,765 12. Slatt costs Th& ltstal staff costs and employee benelits lor the r8POrting period are ana1ysed as follows= 2025 2024 Wages and salaries Employer contributions to pension plans 131.768 2.070 133,838 126,082 1,756 127,838 The average head count of gmployees during the year was 11 12024.. 111- The average number of lull-lime equivalent 8mployees during the year is analysed as follows.. 2025 2024 No. Operauonal 11 No employèe received employee benefi15 of more than £60.000 during the year12024.. Nill- 13. Trustee remuneration and ¢xpen3es No remuneration, benefits from employm&nt or expenses were paid by the charity or a related entity lo the trustees.
Pagè14 Trust Property Administered In Connection With The Religious Of Mary Immaculate Noles to the Financial Statements {con*in£tlY Year ended 31 December 2025 14. Tangible fixed assets Land and Fixtures and Itttings Equipment Tolal Cost At 1 January 2025 Additions 1,163,232 90,298 249 317,301 819 1,590,831 1,068 1,591,899 At 31 December 2025 1,183,232 90,547 318.120 Depreciation At 1 January 2025 Charge lor the year At 31 Decernber 2025 84,905 1,708 316.591 297 401,496 2,005 86,613 316,888 403,501 Carrying amount At 31 December 2Q25 1, 183,232 1, 183,222 3,934 5,393 1,232 710 1.188,398 1,189,335 Al 31 December 2024 The Trustees regularly revi&w Ihe condilion ol the property. In view ol the ongainq maintenance work invested in the propert.y the Trustees believe that the rnarket value is In excpss of the residual value therefore. the property is not depreciated. 15. Debtors 2025 2024 Pr8paym8nts and a¢cru8d income 1,148 16. Creditors.. amounls folling due within one year 2025 2024 Accruals 2nd dèferred income Social security and olher taxes Hostel Room Deposits Other creditorg 40,656 2,472 14,375 16,750 74,253 34,406 2,946 9.127 57.879 17. Pensions and other post retirement benetits Defined contribution plans The amount re¢Dgnised in income or expenditure as an expense In relarion to defined contribution plans was £2,07012024-. £1,7561_
Page 15 Trust Property Administered In Connectlon With The Religious Of Mary Immaculate Notes to the Flnanclal Statemenls (conllnuedl Year ended 31 December 2025 18. Analysis of charitable fund$ Unrestridod funds Ar 1 January 202 At 31 Decembèr 2025 Incorne Expènditure General funds 2,045,884 652,235 162S,3991 2,071,720 Al 1 January 202 At 31 December 2024 Income Expenditure General funds 2,014,564 602,383 1571,0631 2,045,884 19. Analysls of net assets between funds Unrestricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors Isss than 1 year Net assèts 1,188.398 957,575 174,2531 2,071,720 1,188.398 957.575 174,2531 2,071,720 Unrestricted Total Funds Funds 2024 Tangible fixed assets GLJrrent assets Creditors less than 1 year Net assets 1,189,335 914,428 157,8791 2,045,884 1,189,335 914,428 157,8791 2,045,884 20. Analysls ol changes lrt net debl At Al 1 Jan 2025 Cash Ilc>ws 31 Dec 2025 Cash ai bank and in .4and 914,428 41,999 956,427 21. RelatEd parties Religious ol Mary Immaculate Tnade donations of £73,000 12024.. £33.4831 to the Provinci81 House during the year. The Provincial House is considered to b8 Ihe head ollice of hundreds ol charitie5 worldwide advancing Ihe Roman Catholic religion.
Page 16 Trust Property Administered In Connection With The Religlous Of Mary Immaculate Management Information Year ended 31 December 2025 The followlng pages do not torm part of the financlal staternenls.
Pagè17 Trust Property Administered In Connection With The Religious Of Mary Imrnaculate Detailed Statement of Flnanclal Activities Year ended 31 December 2025 2025 2024 Income and endowments Donatlons and legacles Donations - Provision ol shélter Donations - General Psnsions Incorlle Laundry Charges 572,905 28,026 23,650 7,107 631,688 515,285 7,478 37,TT5 14.481 575,019 Inv&slment Sncome Bank interest receivable 9.911 11,764 othor incomB Other income 10.636 15.600 Total income 652,235 6a2,383 Expendlture Expen¢Jiluro on charltable activities Purchas8S Wages and salaries Pension costs Rates and water ght and heal Repairs and maintenance Insurance Other molorllravel costs Leg31 and professional tees Telephone other office costs Depreciation Other inteTest payable and similar charges Foreign exchange gainlloss Studies and conferences Other charitable donations Books, magaz'.nes and newspapers Staff wettare 21,935 131,768 2,070 4.470 55,668 158,166 13,831 35,947 19,673 16,991 1.241 2.005 881 719 11,362 130,305 2,061 17.306 626,399 20,171 126.082 1,756 4,065 50,824 93,566 13,361 27,859 54,136 11,289 641 4,194 739 13,133 135.256 1,672 12,319 571,063 Total expendlture 626,399 571,063 Nei Ineome 25,836 31,320
Page 18 Trust Property Administered In Connection With The Religious Of Mary Immaculate Notes to the Detailed Statement of Financial Activities Year ended 31 December 2025 2025 2024 Expenditure on ¢harilable activities Provision of hostel and support services Activities undertaken directly Hostel - Food and provisions Hostel - Rates and water Hostel - Light and heal Hostel - Repairs and maintenance Hostel- Insurance Hostel- Depreciation Hostel - Cle3ning 21.935 4.470 55,668 158.166 13.831 2.OOS 13,OOS 20,171 4,065 50,824 93,566 13,361 4,194 10,397 269,080 196,578 Support costs Support Hostel Wages and salaries SLJPPOrt Hostel - Pellsion costs Support Hastel - Health & safety costs Support Hostel Telephone Support Hostel - Office costs Support Hostel - Bank charges Support H)stel - Crockery Support Hostel - Health Qi Unctol . and llPWqDaDers 131,768 2,070 17,582 16,991 1,241 881 345 11,038 2.061 4.301 188.278 126,082 1,756 11,389 11,289 641 729 254 37,215 1.672 1,922 Support Hostel - Shoes and clothes 193.059 Advancement of the Roman Catholic Religion AetlVAties undertaken directly Advancerpenl Travel costs Advan¢errienl - Studics and conferencos Advancernenl - Other charitable donatlDns 18,365 11,017 119.267 148,649 16,470 12,879 97,941 127,290 Governancè costs f.iOVP.rnanpe costs - legal and olh9r professional lees Governance costs foreign exchange gainlloss 19.673 71Y 54,136 20.392 54,136 Expendiluie on charitablè activitie5 626,399 571,063