Charity registration number 251267
Sisters Of Charity Of Our Lady Of Evron
Annual Report and Financial Statements
For the year ended 31 December 2024

Sisters Of Charity Of Our Lady Of Evron
Legal and administrative information
Trustees
Sister C Kelly
Sister P M Nughes
Sister L Gilbey
Sister M A Mccready
Sister M Considine
Charlty number
251267
Principal address
36 Pres￿le1d Court
Kensington st￿et
Whitefield
Manchester
United Kingdryn
M45 6FH
Auditor
DJH Audit Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 ODN

Sisters Of Charity Of Our Lady Of Evron
Contents
Page
Trustees, ￿pOrt
i-io
Statement of trustees, responsibilities
li
Independent auditor's report
12-14
statement of financial activities
15
Balance sheet
16
Statement of cash ftows
17
Notes to the financial statements
18-32

Sisters Of Charity Of Our Lady Of Evron
Trustees, report
For the year ended 31 December 2024
The trustees present their annual report and financial Statements for the year ended 31 December 2024.
The Trustee5 have adopted the provisions of Accounting and Reporting by Charities: Statement of
Recommended Prartice applicable to tharitie5 preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I january 2019).
INTRODUCTION
The full name of the Charity is the Congregation of the Sisters of Charity of Our Lady of Evron, commonly
known as the Sisters of Evron.
The Congregation of the Sisters of Evron is an international Roman Catholic Religious Congregation
supporting 110 Sisters worldwide of whom 16 live in the UK. It was founded in France in 1682, where its
Generalate is still located. The Cofigregation is divided into three Region5 consisting of the Region of
Africa,. the Region of Fran￿,. and the Trinitas Region, which Comprises the UK. Peru and Canada. For
accounting purposes, each country within the Trinitas Region is autonDmous.
The accounts accompanying this report are the accounts of the charitable trust on which the asset5 of the
Congregation in the UK, known as Trinitas UK, are held.
Mi551on
Trinita5 UK of the Sisters of Evron aims to support the religious and other charitable works carrieé Dn by
the member5 of the Congregation, to Ca￿ for those members throughout their lives within the
Congregation, as well as ensuring cornpliance with the Charities Act 2011. These ministries of the Sisie
of Evron, all of which benefit numerous members of the public, fall into the following main areas..
land
t ral work
Many members of the Congregatiorb are involved in variou5 forms of soaal or pastoral work throughout
England and Wales, induding care of Ihe elderly and deaf people, family support. and Parish Ministry.
Qverseas missiona
work
The Charity also helps support Sisters working in healthcare and %)cial and pastoral fields in Peru and
Africa.
OBJECTIVE5 AND AcTIV￿IE5
Objectives and aims for the Public Benefit
As stated above under-mission" the activities of the Charity can be divided into three principal a￿a5.
l. Carin
r members of
In common with many religious congregations in the UK. the age profile or the members of the
Congregalion is increasing as existing members grow older and the number of new vocations becomes
minimal. The age profile of the Congregation in the UK is shown below-
Ages
20-49
50-5911963-1974)
60-6911953-1964)
70-79 11943-19541
8Ql-89 (1933-1944)
90-99 (1923-1934)
No. of Sisters
16

Sisters Of Charity Of Our Lady Of Evron
Trustees, report (continued)
For the year ended 31 December 2024
Trinit85 UK has an obligation, both moral and legal. to provide care for its members, none of whom have
resources of their own and all of whom have devoted a significant part of their lives lo education, nursing
and the care of the elderly, deaf. poor and marginalised in society. As the age profile increases so too doe5
the need to pmvide increasing and increasingly expensive care to the Sisters. At presènt two members of
Trinitas UK are living in external nursing homes run by or9anisations with a Catholic ethos. A community
house, Evron-Brinnington, has been designed and built to accommodate our more senior Sisters in their
retirement. Over the next decade, the Trustees expect the nurnber of members requiring Ca￿ to increase.
Consequently¢ the Trustees are giving careful consideration to the impact of this on the work of individual
members of the COngr￿ation. the property requirefflent5 of the Congregation and the financial
implicatitsns. In this regard, the aims of the Truslees over the forthcomin9 years include..
ensuring all members of Trinitas UK ￿e1ve the high level of care they requio to provide them
with Ihe quality of life they should rightly expect.
viewing the Charity's properties which are used as community houses and assessing their
suitability-
enabling all members of Trinitas UK to continue with their individual ministries for as long as
possible.
2. Social and
astoral work
The following are examples of the soaal and pastoral work undertaken by individual Sisters..
working in parishes, induding visiting parishioners and assisting in catechetical programmes. to
help parishioners develop their spiritual lives:
involvement in ecumenical and other faith artivikn"es-
workin9 in pastoTrl care with deaf people.
aéministrative and secretarial support to Church organisations:
pastordl care in nursing and residential homes-
justEce and pea￿ initiatives-
supporting children and families.
The aims of the Trust￿ in thi5 area include=
promoting the human rights of the indivi(lual for the good of all humanity.
enabling all members of Trinitas UK to carry out meaningful Social and pastoral W¢)￿ within the
community after assessing their skills and the need5 of the local area-
encoura9ing and motivating members to work with Bnd assist the wor, elderly and marginalised;
wherever possible, ensuring Sisters are remunerated for such work by way of salary or stipend.
Such income is covenanted to the Charity and thereby ensures that the work of the Sisters and
charity may ￿ntInue anij develop into the future.
3.su
rtfor
ssiona
ork
The Charity provides financial support ft)r the Congregation's missions in the Ivory Coast, Bu￿￿na Faso and
Peru. The missions are under the control of the Congregation and the financial support is Ljsed to meet
the personal and living expenses of the Sisters. Funds are translerred annually a5 agreed by the tnembers
of the Congregatir)n Leadership Team.
Apostolic Work
Throughout the year, and In accordance with their apostolic work, Sisters give their time to as515t the poor
nd maryinalised and thDse in need. Sisters re￿1ve no financial reward for this work, which contributes to
the overall achievement of the Charity's objectives. In addition. members are involved in administering
the work of the Congregation and Charily,. withoul this contribution. the Charity would not be able to
function as effertively or fully as it does.
During the year, the areas in which members of the Congregation 9ave their time without financial reward
included:
pastorBI work. inclu(Jing taking Communion to the housebound and to those in residential homes:
gener81 pbrish work:
Trinitas UK administration-
voluntary work for many other organisations and charities as detailed further on within this ￿pOrt.
It is estimèted that the tirne spent on these aposlolic activities was more than 10.000 hours.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
Protection of Adults at Risk
Along with all other organisations who serve irh the community. the Trustees ￿COgnIse the absolute
necessity of ensuring the protection and safely of all those the Charity serves. This tneans Ihat all Sisters
who are in any kind of ministry In the UK rnusl obtain dearance from the Disclosure and Barring Service.
The Trustee5 are committed to implementing all policies and procedures of the Religious Life Safeguardin9
SeNice and Catholic Safeguardin9 Standards Agency and have a named Designated Lead to ensure that
this happens. The Trustees, the DSL and staff undertake training and are kept updated regarding any
new legislation.
Donations and 5UPPOrt of mlssionary work and ministry
Donations and other paymènts in support of missionary work and msnistry are decided on by the Trustees
in consultation wilh other members of the Cong￿gatIon a5 appmpriate.
Whilst the Trustees give occasional support to United Kingdom organisations whose work is within the
objects of the Charity, the Charity does not regard itself as a grant making entity and applications for
grants and donations are not invited.
Investment polity
The Charity's investments a￿ managed by Rathbones, CCLA and Waverton Investment Management
Limited. There are no restriction5 On the Charbty's power to invest.
The investment policy 15 Set by the Trustees and considers the liquidity requirements which enable the
Charity's objectives, the Trustees. attitude to risk, and ethical and socially responsible inV￿ting criteria and
the Tnveslment Managers. views on the investments. market.
Investment Managers are appointed to manage on a discretionary basis. The mandates require a balanced
and diversified apprtsach combining income returns w¥th real capital growth over the medium to long-term
whi15t following the Charily's ethical policy. However, the Trustees recognise that the diversified nature of
any companies. activities means that within their total operations the￿ may be stnall areas to which the
Trustees might object. For practical feasons. the Trustee5 would not object if rhot more than 5Wo of a
group's profit Is derived from prohibited activities.
Purpose of Investments
The funds possessed by the Charity enable it to carry out its Apostolic Mission. The principal purpose of
having investments is to provide the income required to sustsin the obligations - both current and future.
These obligations include=
the 'Solidarity Fund" for the third world missions of the Congregation-
the welfare of the older Sisters of the Congregation who live in Fran￿.
the care of the sick and older Sisters of Trinitas UK;
the formation of Sisters.
provision of suitable property and its ongoing maintenan￿.
other expenditure necessary for fulfilling the Charity's d)aritable objectives.
Socially Responsible Investin9
The Trustees seek to I￿V￿t in companies that are socially and ethically responsible and which to tnake
positive contribution to society, and which engage in activitie5 such as:
prodLFcls and services that are of long-terni benefit to the community-
conservation of energy and naturèl resources:
environrnentèl improvements and pollution control.
high employee welfare standards:
respect for the Sanctity of human life:
transpa￿ncY regardirhg activities.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
The Trustees seek to refrain from dealing with companies which are engaged in:
trading with oppressive regimes and Countries with poor human rights records.
unnecessary exploitation of animals;
environmentally damagin9 pracknces..
porrhography and the exploitstion of women-
human traffickingi
armaments.
genetic engineering, abortion and embryonic ￿Search.
èuthanasia,.
tobacco production.
gambling.
Given the global nature of business and the finanoal markets in the wodd it is difficult always to match
these aims with the procedures of each CoM￿ny. However. regular meetings are held with the investment
managers to review the Charity's investments against the Charity's policy of involvement in the various
companies. The Trustee5 encourage the investment managers to foster resr￿nsIb1e corporate behaviour,
by consulting with the Charity prior to involvement in issues which may be of ethical Con￿rn.
ACHIEVEMENT AND PERFORMANCE
Review of activitie5
The following paragraphs outline the main athievements during the year in each of the Charity's principal
activilies.
l. Carin
for rnem
f the Con
ation
Throughout the year the Charity continued to aSSlSt members of Trinitas UK in their charitable and
religious work. Two members of the Congregation was cared for in a nursing home run by an oroanisation
with a Christian ethos. whilst the Charity enabled other members to work and volunteer in their chosen
ministry.
As previously ststed, It Is a great Joy to have a purpose-built community house where five Df our older
Sisters live out their retirement in comfort. they have acce5S to all they require and staff to assist them.
Trinitas UK has a moral obligation to SUPFrf)rt our elderly Sisters in the Mother House and the General
Administration in France and has pledged up to EIO,000 annually to their need.
astoral work
Throughout the year, sisters ¢ontinued to carry out various fomis of soual and pastoral work in order to
fulfil their individual minisLries. This work enable5 the Charity to reach crtjt to those in need within society
generally and benefit a very significant nLJmber of people.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued}
For the year ended 31 December 2024
Case Studie5 from some of the Religious Sisters {please note that names have been changed)
As a Parish Sister in a large semi-rural parish which includes four Churches l am aciively involved In
variou5 ministries working closely with the Parish Priest.
Two area of ministry include:
Visiling the elderly forms part of my ministry both in their own homes and those who are in Care or
Nursing Homes. Many eldedy people whom I visit have moved into this area to be close tD family
rnefflbers. In doing so they are uprooTrted from their usual erhvirontnent and friends which can cause
isolation and fear. Retrntry I have been increasingly aware of some of the elderly I visit in their own
homes are suffering from panic attacks and feelings of fear. My regular visits and phone ca115 provide a
security and a link to their new reality. This feelin9 of i501ats.on is also present in the many Care and
Nursing Homes which I visit especially in the Homes for those with suffering from dettbentia. Often all that
is needed is a friendly face and a listening ear whi(h l am happy to offer. Sadly, for some I am the only
visitor they have. Within my involvement in the Parish, l am encouraging other groups e.g. the SVP and
Eucharistic Ministers to visit the Care and Nursng Homes.
Parish Schools:
The cost-of-living inueose has made it very difficult financially for some parents in Dur two primary
schools. Working with the staff in the school we have provided regular f(Mxl parce15 for many families.
ecently, we have had two cases where the father has left the family with many debts, no contact alld no
financial help. One resulting in ihe family being evicted within the last week. I work tlosely with the Head
Mistresses of the schools, local agencies and the SVP enabling help both practical and financial help with
food, clothing, housing. l am glad to say that one family whith we helped at the beginning of the year has
been rehoTrused etc. and now Mum and her two sons are (Joing well at every level.
One Sister volunteers with a fi)od programme for a Street homeless charity in Bury Lancashire.
Soup, hot meals , sandwiches are distributed from a van which cirdes around the town seven nights per
week. It is a vital service to those in need. serving 50 homeless people per night. Women receive hygiene
packs, all receive fresh socks and underwear.
Our Sister partakes of the food preparation and the hygiene and clothes pack. Many of the Servi￿ users
have sought to have a talk with Sister when she is present. It Is a hidden work but very vital in the current
society.
Investment performance
The performance of the Investment Portfolio and the Charity'5 Investment Strategy are monitored by the
Independent Strategic and Financial Adviser, who reports regulady tts the Trustees. The Trustees also meet
with the investment rnanagers on a regular ba51S to ensure that they are fo11owing the Charity's
investment strategy and to review their performance. with the assistance of the Independent strategic and
Financial Adviser.
Investment values rose in 2024 with net gains of around £217k. Investments at the year-end are at a
lower value than they were at the end of 2023 due to disposals during the year. The Trustees are content
that their Investments continue satisfactorily to supFx)rt the Charity's objertives.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
FINANCIAL REVIEW
Results for the year
During 2024 total incoming resour￿5 amounted to £303.640 (2023: £356,261). Investment income and
Interest receivable totalled £127.595 {2C123: £158,948).
Resour￿5 expended to generate income and to enable the objectives of the Charity to be met totalled
£651,986 compared to £628,931 in 2023. Of this total, expenditure on strategy and govemance, including
the fees paid to the Charit¢s invèstment managers and audilors, amounted to £120,161 (2023-
É101,2411.
Net gains on investments in the year amounted to £254.938 (2023= £107.373).
Net resources expended for the year were £93,709 (2023: £166,598).
The Trustees are satisfied that all of Ihe Charity's assets are stated in the statement of financial position in
accordance with the Charity's accounting ￿)lICies.
Reserves polity and financial position
The reader will dIs￿rn fmm the foregoing that the Charity carries out a ijiverse range of activities and is
responsible for care and support of Sisters whose average age is increasing and whose needs are
changing. Accordingly, the Trustees have designated reserves for: retirement: and, the Ca￿ and support
of Sister5 ill their tnission activities. In aggregate at the statement of financial PDsilion date, these
designated reserves amounted to £4,116.893 (2023: £4,140.020).
In addition, £2,126.230 (2023- £2,201.3511 of the totsl reserves is represented by properties and fixtures
which a￿ e55ential for the support and work of the Sisters.
FrÈe rÈserves as at 31 Oecember 2024 are thus £103.040 (2023= E98.501). The Trustee5 are satisfied
that. given the nature of the Charity's work and its COtnmitment5, this represents an adequate level of free
reserves.
FUTURE PLANS
The Truslees are continuing to work with professional advisers in order to maximise the proceeds of the
disposal of the fixed assets In order that such realisatr.ons can be used ft)r the geneial objectives of the
Charity.
It is the Tnjstees, intention to continue to meet the following objettwes..
lo care for the sisters and enable them to carry out their pastorèl WO￿ and ministry. Focus will
continue to be 9iven to assisting and caring for the elderly, deaf people, those in spiritual need, the
poor and the marginalised and reaching out to as many people as possible.
to support the elderly Sisters in the Mother House and the General Administration in France.
to support the Congregation's work in Petu and Africa.
to monitor the needs of the Sisters as they grow older and. if neTrssary, adapt the Charity's plans
in respect of property needs and the proviston of care to older members.
EMPLOYEES AND MEMBERS OF THE CONGREGATION
The Trustees wish to record their ￿COgni￿.0n of the professionalism and commitment of all their staff and
the individual members of the Congregation. Their (Sedication and positive approach are very much
appreciated.
We invite staff to training days to updale them on issues relevant to their a￿0 of work and also issues
related to safeguarding and correct prO￿dureS in line with our poliaes.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
structurei govemance and management
Governance
In terms of Canon Law, the Congregation 15 govemed at an Intemational level by the Sister elected as
Congregational Leader along with a team of three others who are also elected at the General Chapter
every five years. This General Chapter or meeting has as its representstives. metnbers from all regions of
thè Congregation. The last General Chapter took Pla￿ in August 2022.
The Trinita5 iJK area is governed by a Team of five Sisters {the Co-ordinating Team) along wlth the
Regional Leader. The Regional Leader is also an Asslstant on the Congregational Leadership Team. Four
specialisl areas have been identified as vital for the wellbeingi mission and growth of Trinitas UK:
olistic Care
Mission and Spirituality
Formation
Financial Stewardship.
The cong￿gatIOnal Leader makes an official vi51t to Trinitas UK at least On￿ every five years.
In terms of Civil Law the Charity 15 govemed by a Trust Deed dated 30 December 1966 las amended in
2D08) and is a Registered Charity
Charity Registration Number 251267. The Trustee body was
incorporated under Part Vll of The Charities Act 1993 and the Certificate of Incorporation was issued ès of
that date. The Tru5tee5 of the Charity are:
the Regional Leader living in UK..
Trinilas UK Bursar-
two members of the Co-ordinating Team:
and a member of the finance group.
All Trustees are members of the Congregation. They have a detailed knoiwledge of the WCTrrk of the
Congregètion and of its structure. On being appointed, new Trustees are required to Spend one full doy
with those Trustees leaving office, and the Trustees also avail of training days. They also rneet with the
Trinita5 UK legal, accounling, investment and property advisers. to obtain a full briefing of their
responsibilities and the Charily's position.
The natnes of the Trustees who served during the year are set out below:
Sister C Kelly
Sister P M Hughes
Sister L Gilbey
Sister M A Mccready
Sister M Cwsidine
structure and management reportin9
The Trustees are ultimately responsible for the polioes, activities and assets or the Charity. They meet
quarterly to review developments regarding the Charity and its aciivities and make any impr)rtant
decisions. When necessary. the Trustees seek advice and support from the Charity's professional adviser5
including property consultants, investment managers, 5Dlicitors and acc(Truntants. The day-to-day
tnanagement of the Charity's activities. and the implementation ol policies, is delegated to the appropriate
rnember5 of the Congregation.
Trinitas UK Comprises 16 Sisters who live in six different houses. Five of the community houses a
situated in the North West of England and one 15 Sltuated in North Wales. The community houses are in
those areas of towns and cities Whe￿ it is believed that the siste￿ can provide the most help to the poor
and marginalised. Often these a￿ $￿iallY deprived areas desperately In need of the care and pastoral
work carried out by the Sisters.

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
Working wSth other organlsatk•ns and dwrities
The Si5ter5 perfprm their apostolic dubes for extemal charities and public bodies whith provide Ca￿ to the
vulnerable, the elderly, children, the deaf and all those in any circumstance of deprivation. Most Sisters in
2024 had an informal relationship with charitable organisations. In all cases, working together with other
charities and public bodies enhan￿5 comrnunication and understandingi enabling services to be provided
more efficiently and avoiding duplication of effort. Examples of the organisations for whlch members have
worked and with which the Charity has cooperdted during the year are as follows:
Caritas. DI0￿Se of Salford
Roman Catholic Dioceses of Salford, Shrewsbury. Liverpool. Wrexham
Saint Joseph's Mission to Deaf People Charity
Risk management
In line with the ￿QuireMent for Trustee5 to undertake a risk assessment exercise and report on the same
in their annual report, the Trustee5 have reviewed the current and future risks Df the Congregation. The
Trustees have identified five main areas where risks may ocujr:
Governance and mana9ement looks at the risk of the Congregation, and hen￿ the Charity.
suffering from a I￿ of diredK)n. at the skills and trainin9 of its members and staff, and the good
use of its resources.
Operational looks at the risks inherent in the Charity'5 activities, such a5 rnembers engaging in
inappropriate activities, the unsuitability of ￿lIding5, poor maintenan￿, shortcomings in the
services provided, éifficulties with stèff. p(MTrr health and safety. lack of a disaster recovery policyi
etc.
Financial risks inclu(le those arising as a result of poor budgetary control, Inappmpriate spending¢
poor accounling, inappmpriate investment policies, etc.
Reputational looks at possible damage to the Congregation's andlor charity's reputation.
Laws, regulations, external and environmental looks at the effects of government polioes, the
consequences of non-compliance with laws and ￿gUlationS and poor risk assessment.
Having assessed the major risks to which the Charity is eX￿)sed, the Trustees believe that by monitoring
reserve levels, ensuring controls exist over key financial systems and examinin9 the operatior)al and
business risks faced by the Charity, effective systems have been established to mitigate the risks
identified.

Sisters Of Charity Of Our Lady Of Evron
Trustees, report (continued)
For the year ended 31 December 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number-
251267
Principal address:
36 Prestfield Court
Kensington St
Whitefield
Manchester
M45 6FH
Auditors:
DJH Audit Limited
Statulory Auditors
The Exchange
5 Bank Street
Bury
BL9 ODN
Bankers:
National Westminster Bank PIC
10 Great Underbank
Stockport
Cheshire
SKI ILL
Scottish Widow5 Bank PIC
PO Box 12757
67 Morrison Street
Edinburgh
EH3 8YJ
HSBC Bank Pk
23 Allerton Road
moS￿eY Hill
Liverp(bol
L16 2DA
Epworth Investment Management Ltd
9 Bonhill Street
London
EC2A 4PE
Sollcitors:
Womble Bond Dickinson
One Trinity
Broad Cha
Newcastle Upon Tyne
NEI 2HF

Sisters Of Charity Of Our Lady Of Evron
Trustees. report (continued)
For the year ended 31 December 2024
Investrnent managers:
Rathbones Brothers PIC
8 Finsbury Circus
London
EC2M 7AZ
CCLA
PO Box 12892
Dunmow
Essex
CN6 9DL
Waverton Investment Management
16 Babtnaes Street
Londorh
SWIY 6AH
IndependÈnt strategic and
financial adviser:
Tim O'Brien B Com FCA
Optimum Support
Golden Cmss Housè
8 Duncannon Street
Lon(5on
WC2N 4JF
The trustees. report was approved by the Board of Trustees.
Sis
erm
Trustee
onsidine
Date..
..lo,l £
io

Sisters Of Charity Of Our Lady Of Evron
statement of trustees. responsibilities
For the year ended 31 December 2024
The trustees are responsible for preparing the Trustees. Report and the financial statenients in accordance
with applicable law anij united Kingdom Accounting Stan(Jards {United Kingdom Generally Accepted
Accounting Practice}.
The law appllcable to charities in England and Wale5 requi￿$ the tnjstees to prepare finanaal stalements
for each fitbancial year which give a true and fair view of the state of affairs of the charhty and of the
incoming resources and applicalion of resour￿5 of the charity for that year.
Tn preparing these financial statements. the trustees are required to:
select suitable accountin9 ￿)lICIeS and then apply them con515tently-
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent,.
state whether applicable accounting Standard5 have been followed, subject to any materlal departures
disdosed and explained in the financial statements. and
prepare the f1nancial statements on the going con￿rn basis unless it is inappmFbriate to presume that
the charity will continue in operation.
The trustee5 are responsible for keeping sufficient accounting ￿CordS that disclose with reasonable
accuracy at any time the finanaal position of the charity and enable Ihem to ensure that the financial
statements comply with the Charities Act 2011, the Charity {Account5 and Reports) Regulations 2008 and
the provisions of the trust deed. They are als9 re5POll5ible for safeguarding the assets of the charity and
hence for taking reasonable steps for the prevention and detethon of fraud and other Irregularities.

Sisters Of Charity Of Our Lady Of Evron
Independent audltor's report
To the trustees of Sisters of Charity of Our Lady of Evron
Opinion
We have audited the finanoal ststements of Si5ter5 of Charity of Our Lady of Evron {the 'charity') for the
year ended 31 December 2024 which comprise the statement of finanoal activities, the balance sheet, the
statefflent of cash flows and notes to the finanoal statements. including significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, induding Financial Ret)orting Standard 102 The Financial Reporting
Standard applKable in the UK and Republtc of IfEland (United Kingdom Generally Accepted Accounting
Prattice).
In our opinion, the finanoal statements-
give a true and fair viev4 of the state of the charity's affairs as at 31 December 2024 and of its
incoming resources and application of resources, for the year then ended-
have been propedy prepared in accordance with United Kingdcffi Generally Accepted Accounting
Practice,. and
have been prepa￿d in accordan￿ with the requ1￿Ments of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordan￿ with Intemational Standards on Auditing (UK) IISAS (UK)) and
applicable law. Our responsibilities under those stsndards a￿ further described in the Auditor's
responsibilities for the audit of the financial statements section of our ￿et￿rt. We are independent of the
charity in accordance with the ethical requirements that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
resptsn5ibilities in accordance with these requirements. We believe that the audit eviden￿ we have
obtained is suffiaent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees. use of the going concem basis
of accounting in the preparation of the financial statetnents is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the tharity's ability to continue
s a going con￿rn for a period of at least twelve months from when the financial statement5 a
authorised for issue.
Our ￿SpOnSibl11t1eS and the responsibilTties of the trustees with respect to going concern are described in
the relevant Sections of this ￿pOrt.
Other Informatlon
The other information comprises the information induded in the annual report other than the financial
statements and our auditor's report thereon. The tfU5tees are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the other
infDrmation and we do not express any form of assurance condusion the￿On. Our responsibility is to read
the other information and. in doing so, consider whether the other information is materially inconsistent
with the financial statements or otrr knowledge obtained in the course of the audit, or otherwise appears to
be materially misstated. If we identify such material inconsistencies or apparent malerial misstatements,
we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to re￿rt Èn this regard.
12

Sisters Of Charity Of Our Lady Of Evron
Independent auditor's report (continued)
To the trustees of Sisters of Charity of Our Lady of Evron
Matters on which we are required to report by Èxceptlon
We have nothing to report in respect of the following matters in relation ko which the Charities {Accounts
and Reports) Regulations 2Q08 require us to report to you if, in our opinion=
the information given in the financial statements is inconsistent in any material respect with the
trustees. report- or
sufficient accounting records have not been kept. or
the finanoal statements are not in agreement with the accounling records. or
we have not re￿Ived all the infom)ation and explanations we require for our audit.
Responsibilitie5 of trustees
As explained more fully in the statement of t￿stee5. responsibilitie5, the trustees are responsible for the
preparation of the finèncial statements and for being satisfied that they give a true and fair view, and for
such internal control as the trustees determine is necessary tD enable the preparation of financial
statements that are free from matersal misstatement, whether due to fraud or error. In preparing the
financial statèments, the trustees are responsible for assessing the charity's ability to continue as a going
concern, disclosing, as applicable, malters related to going con￿rn and using the going concerrh basis of
accounting unless the tru5tee5 either inlend to cease operations, or have no realistic altemative but to do
so.
Audltor's responsibilitie5 for the audit of the financial statements
We have been appointed as auditor under Section 144 of the Charities Art 2011 and report in accordance
with the Art and relevant regulations made or having effect thereunder.
Our objectives are to oblain reasonable assurance about whether the financial staternents as a whole are
free from rnateri31 misstatement, whether due to fraud or error, atjd to issue an auditor's report thal
includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit condurted in accordance with ISAS IUKI will always detect a material misstatement when it exist5.
Misstatettbents can arise from fraud or error and are considered material if, Individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
The extent to which our procedures a￿ capable of detecting irregularities. including fraud, 15 detailed
below.
As part of our planning process:
We enquired of management the systems and controls the charity has in place, the areas of the
financial statemenls thal are mD5tly susceptible to the risk of irregularilies and Fraud, and whether
there wa5 any knobvn, suspected or alleged fraud. The (harity did not inform us of any known,
suspected or alleged fraud
We obtained an understanding of the legal and regulatory ftameworks applicable to the charity. We
determined that Ihe Charities SORP IFRS 1021 bs mosl relevant.
We considered the in￿ntiveS and opportunities Ihat exist in the charity. induding the extent of
management bias, which present a potential for irregularities and fraud to be perpetuated, and
tall0￿d our risk assessment accordingly.
Using our knowledge of the charily, together with the discussions held with the charity at the
plènning stage, we formed a conclusion on the risk of misstatement due to irregularities including
fraud and tailored our procedure5 according to this risk assessrnenl.
13-

Sisters Of Charity Of Our Lady Of Evron
Independent auditor's report (continued)
To the trustees of Sisters of Charity of Our Lady of Evron
The key procedu￿9 we un(Jertook to detect irregularities including ffaud during the course of the audit
included:
Identifying and testing joumal entries, in particular th05e that were significant and unusual.
Reviewing the financial statement disclosures and deterniining whether accounting policies have
been appropriately applied.
Reviewing and challenging the assumplions and judgements LFsed by management in their
significant accounting estimates, in particular in relation to estimating the useful economic life of
an assel and its residual value.
Assessing the extent of compliance. or lack of, with the relevant laws and regulations in particular
those that are central to the entities ability to continue in operation.
Testing key income lines for eviden￿ of management bias.
Obtaining third-party confirmation of material bank and invesbnent balan￿.
DDCUtnenting and verifying all Significant related party balances and tran5artions.
Reviewing third party documentation and correspondence for discussions of irregularities including
fftud.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected
some material misstatements in the financial statements even though we have properly planned and
performed our audit in accordance with auditing standards. The primary responsibility for the prevention
and detection of irregularities and fraud rests with the trustees of the charity.
A further ées¢ription of our ￿SpOnsIbl1￿￿e5 is available on the Yinancial Reportlng Council's website at-
https-//www.frc.or9.uVauditorsresponsibilibes. This description forms part of our auditoes ￿POrt.
Use of our report
This report is made solely to the tharity's trustees, as a body. in accordance wrth part 4 of the Charitie5
(Accounts and Reports) Regulations 2008. Our audil wotk has been undertaken so that we might slate to
the charity's tnJstees those matters we are required to state to them in an auditorfs report and for n
other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone
ther than the charity and the charity's trustees as a b¢xly. for our audit work, for this report. or ft)r the
opinions we have formed.
IJJ Z_u
Richard Askey (Senior Statutory Auditor)
for and on behalf of OJH Audit Limited
o /io las
Chartered Atcountants
statutory Auditor
The Exchange
5 Bank Street
Bury
Lancashire
BL9 ODN
DJH Audit Lirnited is eligible for appointment as auditor of the charity by virtue of its eligibility for
appc>intment as auditor of a company under section 1212 of the Companies Art 2006.
14-

Sisters Of Charity Of Our Lady Of Evron
Statement of financial activities
Including income and expenditure account
For the year ended 31 December 2024
UnTe51ritted Restwlcted
funds
fund$
2024
Total Unrestrlrted Restricted
funds
funds
Total
2024
2024
2023
2023
2023
Notes
Income and endowments from:
Donations and
legacies
Investments
1641)
127.595
176.686
(6411
127,595
176.686
3.640
158.g48
193.673
3,640
158,948
193.673
Other income
Total income
303.640
303.640
356,261
356,261
Expendlture on:
Charitable activities
651,986
651,986
628.931
628.931
Total expenditure
651.986
651.986
628,931
628,931
Net gainslllossesl on
inve5trnents
li
254.938
254.938
107,373
107,373
Net expenditure
193.4081
{93.4081
(165,2971
1165.297}
Transfers between
funds
566.966
{566,9661
other recognised
gains and losses:
Other 105ses
13
{3011
13011
11,3011
11.301}
Net movement In
funds
{93,709)
(93.7091
400.368
(566.9661 1166,5981
Reconciliation of funds:
Fund balances at l January
2024
6.439.872
6B19.877
6.039,504
566.971
6,606,475
Fund balances at 31
December 2024
6.346.163
6,346.168
6.439,872
6,439,877
The statement of financial activitie5 includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activilies.
15

Sisters Of Charity Of Our Lady Of Evron
Balance sheet
As at 31 December 2024
2024
2023
Fixed assets
Tangible assets
Investments
14
2,167.123
4.024.9S4
2,232,679
4.044.305
15
6,192,077
6,276,984
Currènt assets
Debtors
Cash at bank and in hand
16
65.459
149.331
52.069
154.281
214.790
206,350
Creditors: amounts fa115ng due
wlthln one year
18
149.6241
141,8111
Net current a55ets
165,166
164,539
Total assets less current Ilabilitles
6,357,243
6.441,523
Creditors: amounts falling due after
more than one year
19
{11.0751
11.646)
Net assets
6,346,168
6,439,877
The funds of the charity
Re5tritted income funds
Unrestricted funds
20
21
6,346,163
6,439,872
6.346.168
6,439,877
Th8 financial statements were approved by the trustees on
Sister M Considine
Trustee
16

Sisters Of Charity Of Our Lady Of Evron
Statement of cash flows
For the year ended 31 December 2024
2024
2023
Notes
Cash flows from operating activities
Cash absorbed by operations
27
1379.130)
{349.6721
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
a55ets
Purchase of investments
Proceeds from disposal of inve5trnenis
Investment income received
121,7751
1264.4211
551
181.282
11.342,7S21
l.S36.756
158,948
{616.4261
890,715
127,595
Net Cash generated from Investing
activitie5
380,660
269,813
Financin9 actlvities
Payment of finance leases obli9ations
16.4801
(2,5491
Net cash used in financin9 activities
16,4801
12.5491
Net decrease in cash and cash equivalents
(4.9501
182,4081
Cash and cash equivalents at beginning of year
154.281
236,689
Cash and cash equivalents at end of year
149.331
154,281
17-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements
For the year ended 31 December 2024
Accounting policies
1.1 Accounting ronventlon
The financial statements have been prepared In accordance with the tharity's SORP, the Charities Att
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" fFRS
102°) and the Charities SORP 'Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102)" {effettive l January 2019). The
charity is a Publit Benefit Entity as defined by FRS 102.
The financial stalements are preparetl in sterfing. which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concern
At the time of bpproving the financial siatement5, the trustee5 have a reasonable expectation that
the charity has adequate resources to continue in operational existence for the foreseeable futu￿.
Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
1.3 Charitable fund$
Unrestricted funds are available for use at the disuetion of the trustees in furtheran￿ of their
charitable objeciives.
Restricied fund5 are subject to speofic conditions by donors or grantors as to how they may be used.
The puiposes and uses of the reslrirted funds a￿ set out in the notes to the financial statements.
Endowment fund5 are subject to speafic conditions by donors that the capital must be maintained by
the charity.
1.4 Income
Income is recognised when the charity is legally entiued to it after any performance conditions have
been met. the amounts can be meaSu￿d relrably. and it Is probable that income will be received.
Cash donatiL)ns a￿ recognised on receipt. other donations are recognised once the charity has been
notified of the donation, unles5 performance conditions require deferrnl of the amount. Income tax
recovernble in relation to donations received under Gift Aid or deeds Df covenant is recognised at the
lim¥ of the donation.
Legacies are recognised on receipt or othetwise if the charity has been notified of an impendin9
distribution. the afflount is known. and receipt is expected. If the amount is not known, the legacy is
treated as 6 contingent asset.
l.S Expenditure
Expenditure is recognised once there is a legal or constructive oblig)tion to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement, and
the amount of the L)bligation can be measured reliabfy.
Expenditure is dassified by activity. The costs of eath activity are made up of the total of direct costs
and shared costs, including support costs involved in undertaking each activity. Direct costs
attribuiable to a single activity a￿ allocated dI￿ttlY to that artivity. Shared costs which contribute to
more than one activity and support costs which are not attributable to a single activity are
apportioned between those activitie5 on a basis consistent with the use of resource5. Central staff
costs are allocated on the basis of time spent. and depreciaknon d)arges are allocated on the portion
of the asset's use.
18

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
Accounting policie5
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently rneasu￿d at cost or valuation,
net of depreciation and any impaimient losses.
Depreciation is recogntsed so as to write off the cost or valuation of assets le5S their r2sidual values
over their useful lives on the following bases..
Fr&hold land and buildings
Leasehold land and builéings
Fixtures and fittings
Cornputers
Motor vehicles
20-50 years straight line
20-50 years straight line
15% on reiluong balan
33% on cost
25% on reduang balance
Freehold land is not depreciated.
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale
pr0￿C￿S and the carrying value of the asset, and is recognised in the statement of financial
activities.
1.7 Fixed asset Investments
Fixed asset investments are initially measured at ttansattion price excluding transaction costs. and
are subsequently measured at fair value at each reporting date. Changes in fair value are recognised
in net incomel{expenditurel for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the charity. Control is the power to govem the financial and
operatlng policies of the entity so as to obtain benefrts from its activities.
1.8 Impairrnent of fixed assets
At each reporting end date, the charity ￿vIewS the carryin9 amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairmerbt loss. Jf anv
such indication exists, the recOVe￿bIe amount of the asset is estimated in order to determine the
extent of the impairment loss lif any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term
liouid investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown within borrowings in current liabilities.
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 '8asic Financial Instruments. and
Seciion 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instrument5.
Financial instruments a￿ reco9nised in the charity's balan￿ sheet when the charity become5 Party
lo the contractual provisions of the instrutnent.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements,
when there is a legally enforceable right to set off the reco9ni5ed amounts anij there is an intention
to settle on a net basis or to realise the asset and settle the liability simultaneously.
19

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
Accountlng polldes
(Continued)
Basic financial assets
Basic financial assets, which indude debtor5 and cash and bank balances, are initially measured at
transaction price induding transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transartion, Whe￿ the
transaction is meaSU￿d at the present value of the futu￿ receipts discounted )t a market rate of
interest. Financial a55ets dassified a5 re￿1vable within one year are not amortised.
Basic flnanclal IlabiTlities
Basic financial liabilities, including creditors and bank loans are initially recognised at transactlDn
price unless the arrangement constitutes a financing transattion, where the debt instnjment is
measured at the present value of the future payments discounted at a market rate of inte￿$t.
Financial liabilitie5 classified as payable within one year are not amortised.
Debt instruments a￿ subsequently carried at amortlsed cost. uslng the effectlve interest ￿te
method.
Trade creditors are obligations to pay for gwds or services that have been acquired in the ordinary
course of opèrations from suppliers. Amounts payable are dassified as current liabilities if payment is
due within one year or less. If not, they are presented as non-current liabÈlities. Trade creditors are
recognised initially at transathon price and subsequently measured at amortised cost using the
effective interest method.
Inancial liabilities
Derecognltlon of r
Financial liabilities are ¢erecognised when the charity's conttaclual obligaliorbs expire or are
discharged or Can￿lled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's
services are ￿ceived.
Terrnination benefits are recognised immediately as an expense when the charity is demDnstrably
committed to terminate the employment of an employee or to provide temiination benefits.
1.12Lease$
Leases are classified as finance lease5 whenever the term5 of the lease transfer substantially all th
risks and rewards of ownership to the lessees. All other leases are da5sified as operating leases.
Assets held under finarbce leases are recognised as assets at the lower of the assets fair value at the
date of inception and the present value of the minimum lease payments. The related liability is
included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting
ol capital and interest eletnent5. The interest is charged to net income/lexpenditurel for the year 50
as to produce a constant periodic rate of interest on the ￿mainIng balance of the liability.
20-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
Accounting policie5
(CoThtinuÈd)
1.13 Fund accountlng
Unrestricted funds can be used in accordan￿ with Ihe tharitsble objectives at the discretion of the
trustee5.
Unrestritted designated funds relate to activities and income and expenditure of the Charity's
communities which are operated Y4ith a view to realising a surplus but which are also operated in
support of the charity's rnain objectives. The designated funds are to be used initially for the
furtherance of Ihose activities however the trustees have the power to reallocate these funds,
Restrirted funds can only be used for particular restricted purp05e5 Wlthin the objects of the charity.
Restrirtions arise when specified by the donor or when funds are raised for particular restricted
purpDses.
Further explanation of the nature and purpw)se of each fvrhd is included in the notes to the financial
statements.
Critical accountlng estimates and judgements
In the application of the charity's accounting poliaes, the trustees are reqUI￿d to make eslimate5
and judgements. The estimates are based on historical experiences and other relevant faci0￿. Actual
results may differ fvom these eslimates.
The estimates are continually evaluated. Revisions to accounting esiirnate5 are ￿OgnISed in the
period in which the estimate is revised.
The estimates and assumptions which have a significant risk of causing a material adjustment to the
carrying amount of assets and liabilities are outltned below'.-
Estimating the useful economic life of arh a55et arbd the antiopated residual value in calculating an
appropriate depreciation charge. Determine whether there are any indicators of impairment Df the
company's tangible 355ets.
Income from donations and legacies
UnrestrKcted
fLJnd$
2024
Unrestrlcted
fund5
2023
Donations and gifts
16411
3,640
21

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
In￿rne from investments
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Oividends and interest
Bank interest
126,896
699
157,361
1,587
127,595
158,948
other Income
Uttrestri¢ted Urtre$trfeted
funds
fund$
2023
2024
Net gain on disposal of tsngible fixed assets
Covenanted income
442
176.244
193,673
176.244
193,673
22-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
Expendlture on charitable artivitles
Total funds
2024
Total fund$
2023
Direct costs
Staff costs
Depreciation and impairment
Donations and gifts
Motor expenses
Office expenditure
Retreats and formations
MissDns
Establishmenl cost5
60,811
105.312
12.707
44,913
66,897
7,868
7,329
195,108
S6,13l
91,938
17,033
40.741
73,Q20
15.593
10,359
191,585
500,945
496,400
Share of support and governance costs (see note 7)
Support
Governance
30,880
120,161
31,290
101,241
651,986
628.931
Analysis by fund
Unr￿trIcted funds
051,986
628,931
Support costs allocated to activities
2024
2023
Bank charges
Interest payable and similar charges
Investment manager fees
Governance costs
L,717
1,268
325
29.163
120.161
29,697
101.24L
151,041
132.531
Analysed between:
Total funds
151,041
132.531
23-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
Support costs allocated to activities
(Contsnu¢d)
2024
2023
Governance costs comprlse:
Audit f￿5
Legal and professional
Strategic and financial advice
23.700
13,961
82.500
16,800
5,661
78,780
120,161
101,241
Net movement In funds
2024
2023
The net movement in funds IS stated after chargingl(crediting):
Fees payable for the audit of the charity's finanoal Statements
Depreciation of owned tangible fixed assets
Profit on disposal of tangible fixeil assets
23,700
105,312
14421
16,800
91,938
Trustees
None of the trustees (or any persons connected with them) received any ￿muneratIon or benefits
from the charity during the year.
Trustee5' expenses
The six trustee5 are Sisters of the cong￿gatIon. As Sisters, they receive care and support from the
charity in their retirernent, in line with the Charity's mission. This care and support is not a benefit
that is r￿1ve{s for their role as a trustee an¢J is equal to the care and support received by all Sisters.
10 Employees
The average monthly nurnber of employees during the year was:
2024
2023
Number
Number
Administration and support
Employment Costs
2024
2023
Wages and salaries
60,811
56,131
There were no employees whose annual remuneration was more than E60.000.
-24-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
11 Gains and losses on investments
Unrestrfcted Unrestrlcted
funds
funds
2024
2023
Gainsl(losses) arising on:
Revaluation of investments
Sale of investments
217,460
37.478
104,756
2.617
254,938
107,373
12 TaxatSon
The charity is exempt from taxation on its artivities because all its income is applied for charitable
purposes.
13 Other gains and losse5
Unrestrlrted Unrestrirted
furtd5
furtds
2D24
2023
Gains/(lossesl upon-
Foreign exchange
301
1,301
25

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
14 Tangible fixed assets
Freehold Leasehold ¢tymputews
and bulldlnos
land and
ffittings
ljulldlty
Motor
vehldes
TOts1
Cost
At l January 2024
Addititsns
DispDsals
410.092
2,066,572
21.225
197,382
7.180
550
126.750
18,090
18,1201
2.807.976
39.865
18,1201
At 31 December 2024
410,092
2.087.797
197.382
7,730
136.720
2.839,721
Depreciation and
Impalrment
At l January 2024
Depreciation charged in
the year
Eliminated in respect of
disposals
101,854
220,936
149,905
7,180
95,422
575,297
6,561
82.663
7.122
183
8,783
105,312
18,0111
18,011)
At 31 December 2024
108.415
303.599
157,027
7.363
96.194
672.598
Carrylng amount
At 31 December 2024
301,677
1.784,198
40.355
367
40,526
2,167,123
At 31 December 2023
308,238
1.845.636
47.477
31.328
2.232.679
15 Flxed asset investments
Li$te
Other
ltt¥estments investments
Total
Cost or valuation
At l January 2024
Additions
Valuation changes
Disposals
4.044,304
616,426
217,460
(853.2371
4,044.305
616,426
217,460
1853,2371
At 31 December 2024
4,024,953
4.024,954
Carrying amount
At 31 December 2024
4,024.953
4.024.954
At 3L December 2023
4,044,304
4,044,305
26-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
IS Fixed asset investments
(Contlnued)
2024
2023
Other investments comprise=
Notes
Investments in subsidiaries
25
The change in market value in the Statement of Financial Artivities relates to the General Fund.
The charity holds L Sha￿ of £1 in its wholly owned subsidiary New Brinnin9ton Limited, which is
incorporated in the United Kingdom. These sha￿S are called up and unpaid. The compatby'5 purpose
is to construct a residential property for the charity. to further its aim of caring for member5 of the
Congregation.
16 Debtors
2024
2023
Amounts falling due within one year:
Amounts owed by fellow group undertakings
other debtDrs
Prepaymenis and accrued income
28,126
22.895
14.438
24,237
L4,324
13,508
65.459
52,069
17 Flnance lease obligations
Future minimum lease payments under finance leases=
2024
2023
Within one year
Within two and five years
4,882
11,075
2,701
1,646
15.957
4,347
18 Creditors: amounts falllng due wlthin one year
2024
2023
r4otes
Obligations under finance leases
other taxation and social seoJrity
Other creditors
Accruèls ènd deferred income
17
4,882
76
2,701
1,177
7,497
30,436
7,928
36,738
49.624
41.811
27-

Sisters Of Charity Of Our Lady Of Evron
Notes to the flnancial statements (continued)
For the year ended 31 December 2024
19 Credltors: amounts falling due aftÈr rnore than one
year
2024
2023
Notes
Obligations under finance leases
17
11,075
1,646
20 Restricted funds
The restricted funds of the charity comprise the unexpended balan￿S of donations and grants held
on trust subject to specific conditions by donors as to how they may be used.
At l January
2024
Transfer5
At31
December
2024
Retirement Property Fund
Prevlous year.
At l January
2023
Transfers
At31
December
2023
Sisters
Retirement Property Fund
566.966
1566.966)
566,971
{566.966)
Retirement Property Fund
This restrirted fund consist5 of monies received specifically to be used lo build a ￿sidential property
to be used by the sisters in their retirement.
28-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements {continued)
For the year ended 31 December 2024
21 Unyestrirted funds
The unrestricted funds of the charily comprise the unexpended balances of donations and grants
which are not subject to specific conditions by donors and grantors as to how they may be used.
These include designated funds which have been set aside out of unrestrirted funds by the trustee5
for specific purposes.
At l January
2024
Incomin9
Resources
resources expended
Transfers
Galn$ )nd
losses
At31
December
2024
General fund
elirement
Re5Erve Fund
(designated)
Care and
Development
Fund
(designated)
2.299.852
L76.744
(622.823)
375,497
2,229,270
3,385.925
117.235
(29.1631
(145.597)
230,430
3,558,830
754,095
9,661
{229,900)
24,207
558.063
6,439,872
303.640
{651,9861
254.637
6.346.163
Previous
year:
At A January
2023
Encoming
resources
Resources
expended
Transfers
Gains and
lo$ses
At31
Decemlyer
2023
General fund
Retirement
Reserve Fund
(designated)
Care and
Development
Fund
Idesignèted)
1,869,515
198.901
1599.2331
831.970
11.3011
2.299,852
3.301.233
119,259
(26.480)
1129,6541
123,567
3,385,925
868.756
38.101
11.2181
(135.3501
116.194)
754,095
6,039,504
356.261
628,931
566,966
106,072
6.439,872
Care and Development Fund
This is a designated fund comprising of investments set aside to generate income to assist with the
care for the Sisters and enable thern to carry out their pastoral work and rninistry in the UK and
e15ewhere.
Retirement Reserve Fund
This is a designated fund comprising of investments set aside to generate income to assist with the
support of the Sisters in their ￿tIreMer1t.
29-

Sisters Of Charity Of Our Lady Of Evron
Notes to the flnanclal statements (continued)
For the year ended 31 December 2024
22 Analysis ol net 055ets between funds
Unrestrlcted Re$trict•d
nds
funds
2024
Total
1024
2024
At 31 December 2024:
Tangible a55etS
Investments
Current assets/(liabilities)
Long term liabilities
2.167.123
4.024,954
165.161
(11.0751
2,167,123
4,024,954
165,166
111,0751
6.346.163
6,346,168
Uthrestrlcted R¢stricted
funds
tunds
2023
2023
Total
2023
At 31 December 2023:
Tangible assets
Investments
Current a5setsllliabilities)
Long term liabilities
2,232,679
4.044,305
164.534
(1.6461
2,232,679
4,044.305
164,539
11,6461
6,439,872
6.439,877
23 Operating lease commStments
Lessee
At the reporiing end (Jate the charity had outstanding commitments for fvture minimum lease
payments under non-cancellable operating leases, which fall due as follows-
2024
2023
Within one year
Between two and five years
io,o(K)
LO,833
10,000
20,833
20,833
30,833
30-

Sisters Of Charity Of Our Lady Of Evron
Notes to the financial statements (continued)
For the year ended 31 December 2024
24 Related party transactions
Included wlthin other ￿ed￿or5 is £7,645 (2023-. E7.281) owed to a Sister at the year end which is
being held for her. This is her patrimony and is included within restricted funds.
As noted in the accounting ￿li￿e5 the community accounts ère included within these financial
statements. These expenses include minimutn levels of living costs for the Sisters who provide their
time working to further the objertives of the Charity and donate their income to the Charity. Some of
these Sisters are also trustees.
Included within debtors is an amount due from New Brinnington ￿mIted, a subsidiary company, of
£28,126 (2023.. £24,237).
25 Subsidiaries
These financial statements are separdte charity financial statements for New Brinninglon Limited.
Details of the charity's subsidiaries at 31 December 2024 a￿ as follows..
Name of undertaking
Reglstered
office
Nature of business
Class of
shares
held
0/0 Held
Dirert Indire
New Brinnin9ton Limited England &
Wales
Construction of residential Ordinary
property
LOO.00
On 7th October 2025, New Brinnington Limited was dissolved.
26 Vltimate controlling party
The charity is controlled by the trustees in office.
27 Cash generated from operations
2024
2D23
Deficit for the year
193.408)
1165.2971
Adjustments for-
Investment income ￿Cognised in statement or rinancial attivhties
Foreign exchange differences
Gain on disposal of tangible fixed assets
Gain on disposal of investments
Fair value gain5 and 1055es on investments
Dep￿ciatIOn and impairment of tangible fixed assets
1127,5951
(3011
{4421
137,4781
1217,460)
105.312
1158,9481
11,3011
12,6171
1104,7561
91,938
Movements in working capital:
(Increase) in debtor5
Increase in creditor5
IL3,3901
5.632
110,768)
2,077
Cash absorbed by operations
1379.1301
(349.6721
31

Sisters Of Charity Of Our Lady Of Evron
Notes to the flnanclal statements (contSnued)
For the year ended 31 December 2024
28 Analy515 of changes In net funds
At J J•ntsary
2024
Cash tlows New financ4 At 31 Dwembe
leases
2024
Cash at bènk and in hand
154.28L
14.9501
149,331
Obligations under finance leases
(4.347)
6.480
{18,0901
{15.9571
149,934
1,530
118.090)
133,374
32-