REGISTERED CHARrrY NUMBEIL. 240234 REPORT OF THE TRUSTEES Af4D AUDITED FINANCIAL STAT NTS FOR THE YE R ENDED 30 JUNE 025 Xeinadln South East Lfmlted Unlt 68 Basepolnt Shearway Business Pdrk Folkestone Kent cr19 4RH
coKrENTS OF THE FIN Pape Report of the Trustees I to 3 Independent Examlner's Report ststement of Flnanaal Activrtie Balance Sheet Not45 to the Flnanclal Statements 7 to 12 Detalled Statement of Finanaal Athlties 13
GUI PORT OF TH TR ES 2025 The trustee5 present thelr report wlth the flnanclal statements of the chadty for the year ende(i 30 June 2025. The trustees have ajopted the provlsions of Accounting Reporting by Charities.. ststement of Recommended prath appllcable to charfues weparlng thelr accounts In accordance wtth the Flnancial Rewrting Standard applicable in the UK and Republic of Irela1 (FRS 102) (effertlve I January 2019). OBJErnvES AND AcrIvrriES Objactlves and aim$ The Guild of All Souls is an association of some lo members whose rnaln objecuves are: l. Inters5ory prayer for the dylng and for the repose of the styJ15 of the departed. 2. To promote the great dottrines of the Chrf5Uan ueed: 'Yhe Communlon of Salnts" and 'The Resurrection from the Dead.. The following are particularty commended to the prayers of the membef5: (a) The restoratK)n of the SCTlptural rlte of anolntlng the slck wlth holy oll, commonly called Holy Unttlon. (b) The restoration of the prlmltlve custom of reserving the Holy Eucharist for the sick and dylng. As members of thls devotlonal lId we endeavour to care for the dying, the bereaved and the departed. 3. To re1ve advowsons. by iEquest In wllls and admlntster patronage. Publlc benefit The ObJecteS and alms of the Gulld are relbgiou5 In nature, membership of the Guild is open to any person who support5 th05e objectlves and alms, on payment of a mr*Jest subscrlptlon. ACHIEVEMENT AND PERFORMANCE Charltable acthittles The Guild of All Souls wa5 formed In 1873 and Is governed by Rule5 (la51 revlsed In 2023) and by a Trust Deed dated 4th September 2005 which vested the property of the Guild In 3 Holdlllg Trustees. The property of the Gulld includes advowsons of 41 Engllsh Benefis. a Chantsy Chapel and a bungalow both In LItMe Walslngham, Norfolk. The Guild is managed by the Council, the members of whlch are the Charltable Trustees of the Gulld. The Presi(Jent and the Warden of the Gulld, electe¢Y annually at an Annual General Meetingi ar2 the Chairman and Deputy Chaiman of the Councll and are currenljy the Rt. Revd Nomian Banks and Mr John Furber KC. A maxlmum of 10 members a electrd annually at the same time to serve as C(xJncil member5. The 3 Holding Tnjstees are elted annually by the Councll from among Its members and at present are Mr john Furber KC. Mrs Anne Gray and the Revd Kevln Smith. A Patronage Commlttee COnStng of CourtcII rnernbe exerclses all Church Patronage belonglng to the Guild. Apart from a part-time General SecTetary and the Chantry Pflest, all the work of the Guild Is carrled out on a voluntary basis. The Chantry Chapel In the Shrine grounds at Little Walslngham, bullt In 1965, Is served by an appN)Inted Chantry Prlest. One of the most important aspects of the role of the Chantry Priest is to ensure the dally commemoratlon of departed member5 In prayer at a celebration of the Mass on the annlversary of thelr death. There Is a Chantry Chapel Fund whlch prodeS some Income tt) offset the annual expen5e5 of The Chapel. That is one three Restrfcted Funds admlnlstered by The (3Jlld, In the year under revlew the Counul met twlce. Apart from routlne business, Inla1 work to catalogue the Gulld's archlvts was completed and these were moved to Pusey House In Oxford where they are avallable to researchers. The Gulld contlnued to fulftl Its Patronage responsibllitle5, respondlng to appllcatlons for flnanclal assistance. deallng wSth appointments to those vacant benefi of which the Guild Is Patron and dlscusslng cases where Presentation has been suspended by order of the relevant Dlocesan Blshop. The Gulld publlshes a range of resources Indudlng prayer cards and 0k$ of prayer5 for the benefit of the slck. dying and bereaved. Such Iltsrature 15 d15tributed free-of-charge. Two l-day conferences were organised on related themes for cleryy. ordlnands and laty of all denomlnadons. The annual Intercesslon Paper was distmbuted to all members, with the names of recendy departed rnembers. for the purpose of alding Interce550ry prayer on their behalf. The Gulld malntalns a website: www.guildotsouls.org.uk contalnlng essentlal detalls of Its work and events. In carrylng out the business of the Gulld, a registered Charity. the Councll always pays due regard to the alce of The Chartty Commlssion relevant to the admln15tratlon of the Charity. Page I
GUI OF ALL SOULS REPORT OF THE TRusfEE for the Year Ended 30 June 2025 FINANCIAL REVIEW Reserves pollcy Investments of approximately £417.000 are held In the general fijnd so as to provide lIable Investment Income at a level such that the objettives of The Guild can be carried out at an acceptable level. ReseNes wlthln the re5tritted funds are determined by the nature of the restrittions. srRucfuRE. GOVERNANCE AND MANAGEMENT Governing document The charty Is ¢xJrtrolled by Its Rules, and constitutes an Unlorporated charfty. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 240234 Princlpal address 30 St. Marys Paddock Wellingborough Northamptonshire NN8 IHJ Trustees MsAFMGray Mr J Furber KC Revd R Fam)er (reslgned 7. 11.24) Rt Revd N Banks Mrs V Cole Revd A F DaS Revd Canon B J Fry Revd Canon A Howard Mrs M l Howard Revd P E Jones Dr C J Podmore MBE Revd K Smith Mrs M Suckling Reverend P V Noble (appolnted 17.2.25) Independent Examlner Xeinadin South East Limited Unlt 68 Basepolnt Shearway PAJsiness Park Folkestone Kent CT19 4RH Investment Advisers CCL4 Investment Management l Angel Lane London EC4R 3AB Bankers NatlDnal Westminster Bank Fleet Street IB) Branch PO Box 281 156 Fleet street London EC4A 2DX NatJonal Westminster Bank Fakenham Norfolk NR21 9BA Page 2
GUILD OF ALL SOULS REpoirr o Approved by order of the board of trustses on by: and slgned on Its behalf Mrj Furt)er KC- Trus Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GUIL OF ALL SO Independent examlner'g report to the trustees of Gulld of All Souls I report to the charfty trustees on my examination of the accounts of Gulld of All Souls (the Trust) for the year ended 30 June 2025. Responslbllltles and bas1$ ol report As the charity trustees of the T¥ust you are re5ponslble for the preparatlon of the attounts In aoran wlth the requlrements of the Charitles Att 2011 ('the ACV). I report in respert of my examlnatlon of the Trust's accounts carried out under Settion 145 of the Art and In carying out my examlnation I have followed all applicable DIrlOn5 given by the Charity Commi55ion under Settlon 145(5)(b) or the Act. Independent examlner's sL*ment I have completed my examination. I confirm that no materfal matters have come to my attention in connett(on with the examlnatlon giving me cause to believe that in any materlal respett: accountlng records were not kept respett of the Trust as required by Sectlon 130 of the Att; or the accounts do not accord with those records; or the accounts do not comply wtth the applicable requiremert5 0)nceming the form and content of accounts set out in the Chartties (Accounts and Reports) Regulation5 2008 other than any uirement that the accounts glve a true and falr vlew which Is not a matter considered as part of an independent examlnatlon. I have no ConMS and have come across no ¢)ther matters in connectlon wh the examlnatlon to whlch attenon should be drawn In thts report In onler to enable a proper under5tandlng of the accounts to be ached. Nkk May Xeinadln South East Llmlted Unit 68 Basepoint Shearway Buslness Park Folkestone Kent CT19 4RH Page 4
GUILD OF ALL SOULS ATEMEiif OF FIN L AIvrrIEs rtheyea nded 30 June 20 30.6.25 Total funds 30.6.24 Total funds Unrestrltt&J Restrfj¢ fijnd fund INCOME AND ENDOWMEPtrs FROM Donations and legactes 4,768 5,706 10.474 19,744 Investment Income 11,419 9,800 21.219 20,788 Total 16,187 15,506 31.693 40,532 EXPENDITURE ON Charltable activitieg Promotion of the doctsine5 of the Christian 25,455 18.870 44,325 44.187 Net galnsl(losses) on Investments {11.362) (15,645) 127,007) 65,264 NEf INCOMEIIEXPENDrnIRE) (20,630) (19,009) (39,639) 61,609 RECONCIUATZON OF FUNDS Trtal funds brought forward 596,548 345,040 941.588 879,979 TOTAL FUNDS CARRIED FORWARD 575.918 326,031 901.949 941,588 The note5 form part of these financlal statements Page 5
GUILD OF ALL SOULS NCE SHEEr 30 June 2025 30.6.25 Total funds 30.6.24 Total fvnds Unrestdctsj Restrlcted fund fijnd Notes FIXED ASSETS Tangible assets Investments 148.760 417.026 148.760 758.854 148.760 785.861 341,828 565,786 341.828 907,614 934,621 CURRENT ASSETS Prepayments and accrued income Cash at bank and In hand 418 16,647 705 2,133 1,123 18,780 1,121 25,698 17,065 2,838 19,903 26,819 CREDITORS Amotjnts falllng due within one year (6,933) (18,635) (25.568) (19.852) NEf CURRENT ASSErs 10,132 (15,797) (5,665) 6,967 TOTAL ASSETS LESS CURRENT UABILITIES 575,918 326.031 901,949 941,588 NEf ASSErs 575,918 326.031 901.949 941,588 FUNDS Unrestrltted funds Restricted fttnd5 575,918 326,031 596,548 345,040 TOTAL FUNDS 901,949 941,588 The financial ststsments were approved by the Board of Trustee5 and authorised for issue on and were stgned on its behalf by: Mr J Furber KC - Twstee The notes form part of these flnancial statements Page 6
GUILD OF ALL SOULS NOTES TO THE FINANCIAL sfATEMEpirs ftir the Year Endod 30 June 2025 ACCOUNnNG POLICIES Basis of preparlng the financlal statements The financlal ststements of the charlty. which is a publlc benefit entlty under FRS 102, have been prepared in accordance wlth the Charities SORP (FRS 102) 'Accounttng and Reportlng by Charoties: Statement of Recommended practi appllcable to charities preparing thelr accounts in accordance wlth the Flnancial Reportlng Standard appllcable In the UK and Republlc of Ireland {FRS 102) (effective l January 2019),, Flnancial Reporting Standard 102 The Financlal Reporting Standard applicable in the UK and Republlc of Ireland, and the Charities Act 2011. The financial statements have been prepared under the hlstortcal cost mnvention, wlth the exception of Investments whlch are induded at market value, as modffted by the revaluatlon of certain assets. Income All Income Is recognlsed in the Statement of Flnancial ArtNIe5 once the charity has entitlement to the funds, Is probable that the Income wlll be recelved and the amount can be measured reliably. Expenditure Uabilitles are recognlsed as expenditure as swn as there is a legal or construttive oblrgatson committlng the charlty to that expenditure. It Is probable that a transfer of economlc benefits wlll required In settlement and the amount of the obligatlon can be measured relfjably. Expendtture Is accounted for on an accruals basis and has been dassified under headlng5 that aggregate all cost related to the category. Where costs cannot be direttly attributed to particular headings they have been alloca*d to attlvltles on a basls consistent wlth the use of resour5. Grants payable are reojgnised In the accounts when pald and other charitable eXpendIre Is recognlsed when a construthve obllgatlon arlses. Tanglble tlxed assets Tangible fixed assets other than freehold land and long leasehold bulldlng5 are stated at cost le55 depreclation. Flxed assets below a cost of £100 are not capitalised. Depredatlon 15 provlded at rates calojlated to write off the cost less estlmated resldual value of each asset over Its expetted useful life as follows.. Chapel equipment 20% per annum on a strabjht line basis Freehold and long leasehold bullding are not depreclated because in the opinion of the tnJstees any depreciatlon would not be materlal and based upon local land and property values, the estimated resldual value exceeds bcok value. There are no Irkillenable or historfc assets. Accumulated fiinds Any restrtcted fund In deficfc ts ellmlnated by a transfer from the restricted fund. INVEsfMEKf INCOME 30.6.25 30.6.24 Investment income Deposit account interest 21,152 67 20,748 40 21,219 20.788 Page 7 contlnued...
GUILD OF ALL NOTES TO THE F ATEMENTS - contlnu for the Ye•r Ended 30 June 2025 TRusfEES' REMUNERATION AND BENEFrrs 30.6.25 30.6.24 Trustees, salarles 5,004 5,004 Trustoes. expen8¢S During the year, reimbursement of tru5tees' expenses amounted to £1,660 {2024: £2,138). COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIvITIES Unrestrltted RestAtted fijnd fijnd Total funds INCOME AND ENDOWMErirs FROM Donations and legacles 15,324 4,420 19,744 Investment Income 11,169 9,619 20,788 Total 26,493 14,039 40,532 EXPENDThURE ON Charltable activities Promotlon of the dottrines of the Chrfstian creed 31,333 12.854 44,187 Net galns on Investments 35,240 30,024 65,264 NEf INCOME 30,400 31,209 61,609 RECONaUATION OF FUNDS Total funds brnught ft)n¥ard 566,148 313,831 879,979 TOTAL FUNDS CARRIED FORWARD 596,548 345.040 941.588 TANGIBLE FIXED ASSET5 Land and bulldlngs COST At l July 2024 and 30 June 2025 148,760 NEf BOOK VALUE At 30 June 2025 148,760 At 30 June 2024 148.760 Land & buildlngs Indude5 freehold propety at cost of E124.793 (Chantry House at 20 Cleaves DrSve) and long leasehold property at C05t of £23,968 (Chapel at Walsingham). The market value of the land and bulldlngs recorded In the accounts at a cost of £148,760 may be substantially dfftrent frorn the market value. The Trustees do not conslder It a good use of the Guild fijnds to obtaln a professlonal valuation so can not give particulars of any difference. Fixed assets costing under £100 are capltallsed. Impaiment re¥iew5 are not considered necessary on account of the nature of the assets held. Page 8 contlnued...
NOTES TO THE FINANCIAL sfATEMEKfs - continuod Ye Ended 30 June 2025 FIXED ASSEf INVESTMEtirs Listed Investments MARKET VALUE At l July 2024 Revaluations 785,861 {27,007) At 30 June 2025 758.854 NEf BOOK VALUE At 30 June 2025 758,854 At 30 June 2024 785,861 There were no investment assets outside the UK. Cost or valuatlon at 30 June 2025 is repsented by: Listed investments Valuatlon in 2021 Valuatlon In 2022 Valuatlon In 2023 Valuation in 2024 Valuatlon in 2025 694,360 {40,702) 15,340 116.863 (27,007) 758,854 CASH AT BANK AND IN HAND 30.06.25 30.06.24 Current accounts 16,711 23,961 Short temi deposlts: Petty Cash General Fund Parents of Rev J Jones Memorial for the Guikl Chapel In Walslngham Rev J Jones Bequest for St Mary the Vlrgin, Great Snoring Rev P Laister for Holy Redeemer, Clerkenwell 651 115 319 115 250 500 553 250 500 553 18,780 25.698 Page 9 contlnuéd..
GUILD OF A L sfATE for the Year CREDITORS: AMOUPITS FALUNG DUE WITHIN ONE YEAR 30.6.25 30.6.24 cither credltors 25.568 19,852 MOVEMEpif IN FUNDS Met movement In funds At 30.6.25 At 1.7.24 Unrestricted fund• General fijnd 596,548 (20,630) 575,918 RestrFCted fund• Restrfcted Funds 345,040 (19,009) 326,031 TOTAL FUNDS 941,588 {39,639) 901,949 Net movement In funds, Included In the above are as follows: Incoming resources Resources expended Gains and Movement in funds Unre*tricted funds General fund 16,187 (25,455) (11,362) (20,630) Restrltted funds Restrirted Funds 15,506 (18,870) (15.645) (19,009) TOTAL FUNDS 31.693 (44,325) 127,007) 139,639) Comparatives for mov¢m¢rt In lund$ Net movement In fijnds At 30.6.24 At 1.7.23 Unrestrfcted funds Generdl fund 566,148 30.4(KI 596.548 Restritted funds Restrltted Funds 313,831 31,209 345,040 TOTAL FUNDS 879.979 61,609 941.588 Page 10 contlnued...
GUILD OF ALL SOULS NOTES TO THE FINAN AL sfATEMEKTS- continued r the Year Ended 30 June 2 25 MOVEMENT IN FUNDS- continued Comparative net movement in fund5, included in the aLh)ve a as follows: Incoming resources Resources expended In5 and losses Movement in fijnds Unr*ricted funds General ftjnd 26,493 (31,333) 35,240 30,400 Restrlcted funds Restrftted Funds 14,039 (12,854) 30,024 31,209 TOTAL FUNDS 40,532 (44,1871 65.264 61,609 A Cuent year 12 months and prlor year 12 months combined pOSrf(n is as follows: Net movement in funds At 30.6.25 At 1.7.23 Unrestricted funds General fijnd 566,148 9,770 575,918 Restricted funds RestF6cted Funds 313,831 12,200 326.031 TOTAL FUNDS 879.979 21.970 901.949 A ojrrent year 12 months and prior year 12 month5 comblned net movement In funds. Included In the above are as follows- Incoming resources Rè50urces expended Galns and losses Movement In funds UnstrICted funds General fuThJ 42,680 (56,788) 23,878 9,770 Restrlcted funds Restricted Funds 29,545 (31,724) 14,379 12,200 TOTAL FUNDS 72,225 (88,512) 38,257 21,970 Page 11 contlnued...
OF ALL SOULS TEMEKfs- continued 10. RELATED PAM DISCLOSURES There were no related party trarartionS for the year ended 30 June 2025. 11. RESTRIcfED FUNDS The restricted funds totsl net assets of £326,031 {2024 £345,040) includes gross investments In endowmÈnt fund5 of whlch £207,244 (2024 £216,712j comprlse5 the P Lalster Fund. Suffioent resou5 are held In an approprtate form to enable each fijnd to be applled In accordan wlth any strfLfjons. The unrestricted fvnd is for the purpose of promoting the two great dortrines of the Chrfstyan creed "The Communlon of Salnts. and The Re5urrettJon from the Dead". The restslrted and endowment funds are maintalned for the benefit of the parfshe5. The unrestrftted fvnd has arf5en from retained incoming resources and the restrltted funds have arlsen from legacles and bequests. Page 12
OFA DEfAILED sfATEMErir OF FINANCIAL AcrivrrIE for the Year Ended 30 June 2025 30.6.25 30.6.24 INCOME AND ENDOWMEKrs Donations and legacles Subscrfptlons & Donatlons Legacies 10,474 9,744 10.000 10,474 19,744 Investment Income Investment income Deposit account interest 21,152 67 20,748 40 21,219 20,788 Total Incoming reUre 31,693 40,532 EXPENDrnIRE Charitable artivitiej Trustees, salartes Travelling Intercession papers, prayer cards and other prtntlng Patronage Annual requlem, day Conferen & West Toft expen5e5 Chapel costs Bungalow expenses Payments to beneficiarles 753 735 5,819 4.988 30 4,219 10,375 1.685 9.800 1,808 8,579 1,663 9,620 37,8 32,427 Support costs Management Offlce rent, postage and Offi costs 1.172 6,779 Finance Bank charyes 173 181 Governance costs Accountan 5.136 4.800 Total resources expended 44,325 44.187 Net expendire {12.632} (3,655) Thls page does not forn part of the statutory finandal statements Page 13