Slsttrs St Pgul de Charlres Chrltable Trnst Annual Relrt nd S¢*tement of Ac¢oun¢ 31 December 2023 Cliarity Registration Numb¢r 243214
Contents Reports Legal and administrative infomialion Indedent examincr's report Attouhts R¢¢¢ipiS and payments a¢wun¢ Ststcmcnt of asscts and liabilities Sistcrs of St Paul dc Chartr¢.s Charitablc Tn1
l and administrative iDformtiDn Trustees Grace June Ralph Ycong Ja Song Isabella Cushnan Emily Acena CasLillo Prlnclyl offlce 30 Aberdeen Park Highbury tmdon NS 2BL Chrlty reglstrtlon number 243214 Independent EAmlner jac Cavenagh & SkcL* S Robin Hood Lanc Sutton Surrey SMI 25W nkers Coutts & Co 440 Strand London WC2R OQS Solkltors Wedlake Bell LLP 71 Qucen Victoria Street London EC4V 4AY Siste[5 of St Paul de Chartres Cbaritsble TnLSt
Trustee5' report 31 Dccembcr 2023 The tnjsices preseni their statutory reIrt together with the accounts of the Sisr& of St Paul d¢ Chartres. Charitable Tn for the year ended 31 Dccember 2023. CoDstltudo Thc Si%tcrs of Si Paul dc Cllartrcs is a Roman CholIc religious conegatiOn. Th¢ anI accompanying this reFx)rt are thc accounts r)f the charitsblc trust on which thc assets of the congregation in England and Wales held and Ihrough which its finances opcralc. Thc trust is governed by a trusi deed dated I l May 1965. and is registered Lder the Charities Aa 19Y3, Charity Registration No. 243214. Principal aim$ Dd ¢d%ldes Thc aiins of thc charity Ihc supwrt of such charitdble purp)scs as to iidviillcL ihc rcligious and uthcr churithblc wurk for thc lim¢ bcing carTied on by, or under the direLtiÉyn f. tlie congregalion. Org#nis#tioD The truste¢s who h¢ld offtc¢ during the year and at th¢ d8 of this report are shown on Pa8e l. Thc trUSteLS are aprN)intLbd by the Superior of the conyegation in Engldnd [d Walcs. 51ster Superlor's revlew of the Work and chlevemtnts of the congregd•n durlng the yer includlng p¥blSc beneflt The Irustees hdve had regdrd the public benefil guidance issu¢d by the Ch4rily Commi&%ion. During the pasi year. 2023. the Sisters continu1 to cany out th¥. work vf thc charity in the Parish of St. Joan of Arc, and in the broader area of lslington. This illcluded visits to the sick. elderly and those who were housebound, whose numbers are increasing year by year. The Sisi¢rs bring spirilual. material, financial aid and companionship when needed. We have alsu LuntinuLbd to dondtL' on a rL'¥ular basib lo th¢ vario% ¢haritiis bvil) local and nalional. such &$ CAFOD (Catholic AgenLy for Ovcrse&q Development), thc St. Vinrent dc PauE SocÉrfy which carcs thc pjor and vulncrdblc. Work in the Parish continues with the Sisiers fr1]lIng morc and more tasks due io thc faci that many of the volunt¢crs arc now too frail or infirni to contsnue. The Sister working with the Korean community come Eo the end of her 2 year ¢ontract and rcturncd to Korea in January 2024. She has been replaced by another Korean SiSLer who will carry on the bame pas[al work for th¢ n¢xl 2 years. Si51cT5 of St Pau] de Chartres Charitablc Trust
Trnstee5' report 31 Deccmbcr 2023 Sister Sup¢rior'$ miew of the work and A¢hievtmenls of the eongregation during the year Inrludlmg publlc beneflt (cohtlnued) In 2023 several studeni Sis¢¢rs came to London ¢0 study En81ish for varying lengths of lirne. As well a5 atiending language sch(N)15 they were also given help with their studies by th¢ Si51ers. It is our b¢li¢f that th¢ ¢harity will continue to be of servi¢¢ during the coming year 2024. FID*nclal report for ¢he year A summary LTrf ihL yLiir's rcL¢ipts wid paymcnts 4Lcouni b¢ found on PdgTC 5 of the attached accounts. The stslernent of assets and liabiliiies of the charity is on pagie 6. The ch4wily's re8¢rv¥s wlicy is detrmined by th¢ ¢hartging n¢¢(L% of th¢ ¥ortgr¢ga¢iun und (he lluclualing nalure of its ChthIe activities. The tru.slees consider thal ihe current level of free reserves. &$ rerffesented by the charily'% monelary and investsnent a%LS shown on page 6, is n¢¢eswy to maintain flexibilily for futu ¢s. TThsteos' respoiislbllltles statement Tlic trustces arc Tciwnsiblc fur Ihe preparation of receipts and payments accounrs for each finanl'ial y¢0r siAi¢mcnl of &SS¢LS and liabilitics at ¢h¢ ¢nd of each financial y¢ar. The In(eeS have responsibiliry for maintaining proper accounting records which disclose with rcasonable accuracy ai any lime the tinancial kM)sition of the chariry and ¢n8bl¢ diem to cnwrc that thc fInCIal staicmcnts comply with Lhariry Icgislation. Thcy also have rcspunsibiliry for safcgu4wding thc of thc chariry and for taking r¢iL%onubl¢ Slcps fo prevent and ddeci fraud other IrregultieS. Approved by the TnLStees on 15 Ju]y 2024 Signed on behdlf of the trustees: Grace June Ralph Trustee Sisters of St Paul (k Chartres Charitable Tnt
Independent exgmlner's rqrt 31 De¢rnikr 2023 Independent examlner's rert to the trn$¢ees of the Slsters of St P#ul de Chrtre& Charitable Trust I report to the trusitts on my examination of the accowits of th¢ Sisters of St Paul (k Chartrc.g Charithblc Trnq lthc charity) for thc ycar cndcd 31 D¢canbcr 2023, which arc scl ul on pages 5 an416. Re5POnslbllltle5 #hd bas15 of rert As the chariry's trnsiees you are resFK)nsible for the preparation of the accounts in accordance with the requirements of the Charities Aa 2011 (the Acil. I rcport in r¢spc¢i of my examinauon of the charity's 4¢couDts carried out und¢r se¢lion 145 of the 2011 Act and in carrying oui my examination I have followed all the applicable Dir¢¢t104 given by the Charity CoMmi10n utider scction 145{5Xb) of thc ALI. Independent txmlntr's st*ttmtnt I h&ve Lompleled my examii)dllOn. I confirm that no material mailers have come io my attentiun in c(mneciion with the cxarnindtson giving me causc lo bclicvc that in dny material r¢sp¢¥l: acci)unting records were not kepl in r&spect of the charily as required by Reciioii 130 of lh6 All. ur 2. the aounts do not a¢¢ord wilh thos¢ rerds. I hav¢ no conc¢ms and have come across no other matters in connectioti with the ¢xamination to which dtlLniion should drawn in this rLport in ordcr to LTLablL a propLr understanding of the accounts lo be Tedched. Miriam Hickson CTA FCA Jacob Cavenagh & Skeei 5 Robin HO Lane Sutlon Surrey SMI 2SW Sisters of St Paul de Chartres Charitable Trust 4
Receipt5 Hd pa)qnen(s ¢count Ycar 31 December 2023 Unresiricted fid$ Total Total 202J 2022 Receipts Donations and similar rcccipts . Contril>ution from other piovinc¢s of thc congrcgation for maintenance of studeni slstcrs and pr¢mises Pensions of individual religtous donkted to the charity Salary of individual religious donated to the chariiy . General donatio Interest Oiher income To(1 recelpts 4,2UO 6,103 A2.3113 7,700 10,293 619,250 5,739 2.80 3.%511 1,561 4U,679 633.208 Pyments L'.haritable expenditure . Support nf members of the congregauon and th¢ir ministry . Premises Si.%teTS' personal expenses Fducdlion, trdining dnd spirilual renewal . Ma8¢Mcn1 and adminLStra¢ion of thc chariry . Legil and professional fccs Tot] p4ym¢m¢s 139,222 39.1151 29,195 24,166 2,672 3.61JO 187.673 9,685 65,718 Net reCeIp(pAyMents (146,994) 567.490 Balances brougbt fonvard ai A Jnu4ry 2023 741,700 174,210 B#l*n¢es earrled forward at 31 Deeember 2023 594,706 741,700 Siyet5 of St Paul de ChartTes Charitable Tnt
Statement of assets and liabilities As at 31 Dcccmbcr 2023 2023 2022 Monetary et$ Cash in hand and at bank 459507 610,595 Investment Assets Short trrn) bank depiL$ 135,199 131,105 NOD monetary assets held for the charlty'j own Use Land and buildings ai cost Molor vd)iclc ai knok valu¢ 337334 337.234 337.234 337.234 Credltors due wlthlD one year Sundry crediior¥ 3.(rf)O Th¢ r¢ceipts and paentS account sc¢ out on pa8c 5 for the year ¢nd¢d 31 D¢c¢inber 2023 and the aiy)ve statem¢ni of a&s¢ts and liabiliiies at 31 December 2023 were approved by lh¢ on 15 July 2024 and signcd on thcir haIr by.. Grdce June Ralph Trustec Sis*rs of St Paul de Chartrcs Charitsblc Trust