Slsters St Poul dt Chartres Charltable Trust AnDy•l Repvrt #nd Statement of Account 31 De¢emb¢r 2024 Cliarity Registration Numb 243214 Contents Reports Legal and adminis¢rdiiVe infomiation Independenl cxaminer's report Accounts Rcccipts and payments account S¢d*menl uf asscts and liabilities siste￿ of St Paul Ik Chartrcs Charithblc Trust Leg¥1 and administrative infomatio Trnstees Grac¢ June Ralph Yeong Ja Song Isabella Cushnan Emily Acena Castillo (Resigned 03.[￿.25) Mi Kyeon¥ Hwang {Appuinted 03.06.25) PrlN¢lpal ofiice 30 AiKrdccn PaAt Highbury London N5 2RL Ch*rlty reglitr*don number 243214 Independent Examlner JCS AcLounlonts 5 Robin Hood lanc Sunon su￿CY SMI 2SW Banken Cvutts & Cv 440 Strand London WC2R OQS Soll¢l¢ors Wc(llakc Bell LLP 71 Queen Vicioria Street London EC4V 4AY Sistws of Si Paul de CThartrts Charitsble Tnjst Trn$tees' report 31 DecembcT 2024 Th¢ tru51ccs preseni their staiutory rew)rt tog¢ther with th¢ accounts of thc Sisters of Si Paul de Chartr&q. Chantable Tn￿ for the year cnd¢d 31 Dec{￿b￿ 2024. Constilutlon The Sistcrs of Si Paul de Chartr&8 is a Roman Catholic religious cOn￿e￿allOn. accounts accompanying this rqx)rt are the accounrs of the charitsblc tnLsI on which the ass¢is of the congrcgation in England and Wales ar¢ held and through which ils finances op¢raic. The trusi is governed by a deed dated I l May 1965, and is regisiered under the Chariiies Act 1993, Charity Rcgistrdtion No. 243214. PrInci￿1 #Ims and •¢ll￿tIeS Th¢ aims of the Charity thL SUPPOrt uf such chthtsble purwscs as to iidvance thL rcli¥ious and uiher ¥harithblc w(yrk fw thc timL tK'ing carrllL￿ on by, or undcr tlie dir¢Ltson of. congregatson. Org*nlsitlon The trNstees who held offic¢ duTing th¢ year and at the da* ofthis report are shown on pa8e l. The trustccs arL' apN)intLd by thc Supcriur of ihc Longrcgaii(￿ in England Walcs. Slsttr Superlor's rtvtew of th¢ work and *¢hlevemen¢$ of the CODEre8xtlon durlng the ye*r including public b¢n¢fil The Irustees have had Tegard w the public benefil guidance I&$U￿ by the Charity CommiMion. During thc past year, 2024. we r¢sumcd our cnga8Lrynl￿iS alld ci)mmitmcnts in thc parish of St. Joan of Arc. Highbury. a5 well &s in tlie broader area of Islington. As our work is benefi¢ial to a wide range of people. we ￿ pleased to hav¢ bcen able io continue with all our previous activities. Somc memivs of our congregation are advanced in age or h8vc hLalth problcrt￿. yei Ihcy are still vcry aLlive in tlic p&%toral niinistry. Wc continu¢ to offLr our scrviccs lo the b¢xi of our abiliiy and capacily. The work in thc parish takes on many forms. SULh &% singing in thc choir. pirpaTation for all liturgical scrvicc5 ￿ WCII as helping with th¢ gcneral carc of the church. Visits to the sick and housclM)und ar¢ Unde￿¢￿ on a r¢gular basi5 &5 morc and morc people arc becoming infirn1 and housebound. Thc sisicrs havc offercd spiriiua], matcrial and financial help to ihe of the parish through the Soci¢iy of Si. Vincei)I de Paul. ContTibutiO￿$ io the fo(Ml bank have iDcrea&¢d as more and more people are sirug¥ling lo feed their families. Th¢ 5i5ters also give global assistance to the w ihrough CAFOD (Catholic Ageracy for Overse&s tkvelDpn¢nt). One of our sisters also 5crves &5 a voluiiteer SistCTS of St Paul de Chartsrs Charitable T￿￿t Trustee5' report 31 t)wanbcT 2024 Sister Superior's review of the work and *¢hievements of the Congregation durlng the year Inrludlng publit bcneflt (contlnued) with the Pa&sage. which is a day Cen￿ in Victrrfia which offers help and 5UPPOrt to th¢ humclc&s and desiimic. The SiS*rs also offer Spirin￿l guiddncc to those in need through praycr. IistL'ning ro th¢ir C(￿cenL$, or JU￿ king there fvr thcm lo talk to. Faithful lo our origins as parish 515ter& we also Tender setvices and supw)rt 10 those sisters who visit to pursue courses her¢ in England thtoughoui the year. W are dLlighicd io be able to ¢(Trnlinue our ¢ummilrnent to thL KvrL'an community in New MaldLn. On¢ uf our sist¢rs is available fiv¢ days a W￿.k and is lh¢ L(N)rdinaiur for all ili¢ Pdrish aLlivilic5. This is a unique dposioldlc and ()nc thal is much apprccidtcd by thc Korean communily here in London. It is our hopc thai in ?0?5 another sistcr will com¢ to help ￿ wRtli uur apostolai¥. Fln*nel*l report for the y¢*r A summary of ihe yvdr's recetp¢s and paymenLs accou￿1 can b¢ found on pa¥e 5 of the attaL'h¢d Mccounts. Th¢ slalLmcnt of ￿ets aod liabiliti￿ uf th¢ Lhdrity is un 6. The charity's reserves policy is deteMiin￿ by the changing ne¢ds ol. th¢ congrega(ion and the fluctuating nature of its charitsble activities. The ts￿51¢eS consider that lh¢ Current l¢vel of free r¢serv¢s, as repr¢s¢ntcd by the ¢hariiy's mon¢tary and invesunent assets shoMTn on page 6, is maintain flexibility lor futur¢ nceds. Tru$ttts' re8wn$lblllttes st*temell¢ The trustees are re%￿)￿sthIe for the prewation of receipts and pAymenLs accounL% for each finan¢ial year and a sthtement of and liabilities ￿ the end of each fiiwKial yekr. Thc tr￿$teLlI havc rcsponsibiliry foT nuintsining propcr dLLuunting rccords which disLIos¢ with rcasondblL dL¢uracy al dny tiin¢ thc findnLial wTrsition of ihe chariry Lnablc th￿￿ lo enSUTe that the financial SthicrnenLs comply with charity legislatioii. Ti)ey a150 have rcsponsibility for safeguarding the of the clwity and f(ff tsking reasonabl¢ steps to prevent and deiecl fraud and other irregularities. Aprwovcd by the Ttwtccs on 17 Augusi 2025. Signed on ￿half of the trustccs: Gracc June Ralph Trnstee Sistrrs of Si Paul de Chartres Charitablc Trust 3 Independent ei¥m1￿er.$ reporl 31 Decembcr 2024 Independent examltyer's report to the ¢rustee5 of the St￿tr5 of St Paul de Cb4rtre4 Ch¥riÉ*ble Trust I report to the trn5￿ on my examination of the accounts of the Sister5 of St Paul de Chartres Charithblc Trud lthc chatiry) for the y¢ar ended 31 Deccmbct 2024, Nthich are set out un pagcs 5 4nd 6. Resp•D￿bIllrtes and basis of report As th¢ chartty's trus(ees you are re4x)nsibl¢ for thc preparats'on of the accounts in accordance with the requirements of the Charities Ad 2011 (th¢ Acil. I rewL in respeci of my examinalion of the charity's accounLg carried out under %¢ction 145 of the 2011 A¢¢ and in carying oui my examinaiion I have followed dll the iipplicable DircLtiorL$ given by the Charity Commi&%ion under ￿ti￿n 145{5Xb) of thc Act. IDdep¢ndent ¢T*mlner's st*temettt I hdV¢ complcled my examination. I confimi thai no matrrial mauers have cume lo my attcntion in conncctivn with thc examinatiijn giving me causc to bclicve that in any mdi¢ria] ccouniin8 r￿Or&S were not kept in respecl of the charity &$ required by seclion 130 of th¥ ALt' vr 2. the accounts do not accord with those records. I have ￿ Concerns havc comc across w other matters in conncction with the cxaminalion io whiLh atten11￿ should k drawn in this rcpurt in ord¢r io Lnabl¥ a propLT understanding of the accounts lo be r￿he￿ Miriarn Hick50n cfA FCA JCS Acc