2024-12-31-accounts

Charits. regislration number 2S2929 (England and Wales) THE SOCIETY OFTHE CATHOLIC APOSTOLATE CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees Rev L O'Donoian SCA Rei. L Mcclarey SCA R¢i' E Mon%(In SCA Rev J Egan SQA Chlrli) number 252929 Principal address Our Lady of ihe Visilalion 35& Greenforil Road GTCCrtford Middl¢s¢x UB6 9AN Ind¢p¢ndent txaminer Darren Ilarding ACA FCCA DChA Richard Placc Dobson Services Limited Ciruund FILK)r 1-7 Siaiion RIMd Cr8wlcy W'csl Su55CX RIIIO IIIT

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST CONTENTS P8ge Trusiee$' report Independent examineW5 report StatL'ment of finaneial activities BdlJni¥ she No¢es io ihc financial s¢atemcnts 8-18

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Th¢ Irus¢e¢s pr¢b¢nt their annual i¢port and finanLial s¢at¢tn¢nts foi th¢ y¢ai ¢ndeil 31 D¢¢eTnb¢i 2024. The financial statements have been prepared in accordance with the accounting policies sei oui in note I to Ihe financial stateinents and comply with ihe charity's Irusi deed. Ihe Charities Aci 201 l and 'Accounling aiid Reporting by C.haritie5'. SialLmLnt of RLcomtnLndLd Praciice applicable lo chaTiiies preparing iheir accounts in accordance with tlie Financial RepoTling Standard applicable in th¢ UK and Republic of Irelatld IFRS 1021 (effective l January 20191" Objectives and activitie5 ThL objLYts of ihL chariiy are set out in the trnsi dced and are io undLrtake such charitable pu￿ose5 whicli adv£inLL the Tcligi()us and othcT charitable work for the tirnc bcing carried on by ihe Pallortinc Fathcrs. Thcre has bccn no chiinge in thelie objeLt5 during the year. Thc Si)cicty (If thc Catholic Ap(i%l(Ilatc i¥ a comrnunily of prics1% and hroihcr% who cndcal'nur ￿ Tevivc thc fyith of thc cntirc Pe(Iplc i)I' (ii)Ll. i(1 rc-cnkindle their love and io spread the￿ viriues ihroughi)ui the wh()le world so that s(Klll iheTe may be bul vnc Ilock and unc 5hcphcrd. In particular the Socicly awakens and dccpcns in all thc Faithful an aw¥rcncs% of thcir ¥Wbbiolic vocation. it cncoura¥cs them l(1 liikc lin uclive part in Ihc uptislolalc and il hclps them to bc ready and willing to eo-opcraie with L)nc anothcr in LaTryin out our apostolulc UClivili¢s. ThL SoLiety iindLriakes 10 co-tsperaie with other ap0S￿late efforts of ihe Church and 10 develop fon))s of the ap05101aie which are in ccordiince with the need5 of our times. li works with all 11$ energy for unily among Chrisiians and it $irives 10 communicaie the G(K)d News io tho%e who do not know il. so thai the Church may be a more effe¢iLI'e %ign of unity arhd sali'ation for the w.hole world. To accompli%h this, the Society H'ill 11sc whatever means appropriate 10 promote. defend. and nourish Christian life. It prLtLrs Iho%L Works whicli bc%1 respond 10 irs aiins and for ￿'hICh il is bcsi suilcd a cominunily of priesls and br0ihc￿. Morcovcr. in.8clcciinb7 aposiolatc aclivitie%. il considers Ihe more ur8cni needs ofihc Chureh. the condition% of Ihc liinc% and local CiTcumslancc.%. and promoic% %ocial jusiiec according io Ihc Icacliin8% of Ilic ￿￿$pe1. Micrcforc, in ils apo.%lolic WOTk%, it 1% L)pcn io Ilie necd.% of %oiially nc¥lcLlcd groups such as ihe poor. the a¥ed. Ihe sick and all Ihose who in any way arc ihc objLLt ofhoLial disLriininatLOn. ThL SoLi¥ly. will. aLLording to ils po&%ibililiLS. promoll and USL ihl incans of social coininunicalion aiid all oililr inlans wliilh arl partiLularly uslful io IhL sprLad of thc go5[￿1 and of Clirisiian valucs. OUT Inission deniand5 ihal wc bc always opLn lo Ihc spiritual aspirations and ￿ligiouS nccd% of ￿0p[c. Thc Soci¥ty. in the service of the tnis5ionary task of the Church. sirivcs to bring knowlcdgc of thc (iospcl to thosc wlio do not know it. Missionarie5 in their efforts to irnplant knowlcdgc of ihc C'hurch will bc Tcady to confoTWll to thl w'ay of lifc of Ilic land in which Ihcy w'ork and to inrorporatc into ihc lifc of thc Chri51ian comrnunity thc valuc5 of tlic local cultUTC. At the same time. they spare no effort lo bTillg aiN>ul iTnprovernents in ￿￿1￿1 and cultural conditions. if such are required. Publlc benefit Thc charlty's truslecs havc refcrrcd io the 8ULdance in ihc Charity Commission's gencral gllidance on Pllblic Bcncfil whcn Tcvicwing thc charity's aims and objeetivcs and in planning its Ilin￿e aciiviiics. In particular, Ihcy havc considcrcd how planncd actii'itics will contribuic io ihc aims and objcctivcs ihcy havc sa. Aehlevement% and performa)nce Charitable actiTritie5 Thc Chi2rity coniinuc io manage the Catholic parishes of our Lady of the ￿lSIL91]0￿ Greenford IOLOVI, St Mary Star of the Sea Hasiillgs and Si Thomas Moore Barking. All of our parishes provide a ￿11 range of services to the Catholic community. We also provide a rallge of facilities for the w'ider communiN.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Treenfthrd Prl$h Proftle In CIT¢enftsrd, whiLh fotTn% Part of ihe Londtsn BoTough of Ealing, Iher¢ i% lh¢ ChuiLh of Our Lady of the Visiiaiion wh¢re almci4t Ihree Ihc)u%artd pei)ple WtsT%hip ai ihe Chui¢h every weekend. Thei¢ are als() regular ieligi()us edu¢atitsn ¢las_%e8 ()IlirLd ti) ¢hildren and young adults pr¥parirtg tts makc th¢ir fiThi Holy Commwiion and Ctsrtfimiaiii)n Rit¢s. A%8isian¢c in rLligiou% ¢diiLatiort also ex1¢￿d5 to approximaiely ihiec thoJsartJ pupils who Jiicrtd lh¢ Nutscry. Priittary Jnd Sccondary S¢hools whiih ar¢ sitiiai¢d on the sam¢ slic as ihc Chur¢h_ A signifi¢ant proportion of lh¢ work ¢arri¢d out by th¢ Palloni￿ Fathers is 10 ¥'isiting t￿oPle who ar¢ si¢k, lon¢ly, in pri8on or suffcrins drng k)ddiciion. Thcy visit ih¢m in ih¢ir hom¢s, in hospitsl and in ¢ar¢ hom¢s on a r¢gular basis io offer fricndship, pastoral and spiriiual comfort. Fln#ncll revle Flngn¢lal posltlon Durirtb￿ thi ylar the chariry had nei incoming resources of £80.562 {?023'. nei ouigoing resources of £41,12$1 as shown in Ihc Siaicmeni of FinanciiL l A¢rii'iiies on page 5. The fvnds and asseis of ihc chaTIry aT¢ h¢ld 10 cnabl¢ ihc PTi¢giS and lay workers ro provide the religious work carried out by the S(Ki¢ty. The chariiy's land and buildings ha￿¢ been included in the accounts ai cosi in accordance wirh accouniing $iandards since 811 are held and used for chjritsble purposes. Reserves polley li i% Ihl poliLy of the charily 10 mairLi#in unresiricied funds M'hich have nL)I bttn degignaied. which are the free re4eTve8 of the chi1rily. ai a It￿'t1 equivalent 10 aPPToximaiely 6 10 1? month expenditure. Al the end of ihe year ihe Iru%iee8 are aware thai free reserve% are.%ignificanily in exce$% of thi% amount but anticipate this will be used in the following period. The unre%tricted reserves are now 1690.28712023.. £577.2971. wilh de%i8naied reserves of £792.111212023.. £7X4.046) and reslrjcled funds are £135.49612023.. £176.0601. C¥oing concern The irLL%lees are of a view that the eharity is a goin8 concern. Struitur¢ govirnanct and manag¢m¢nt C¥O%'erning docurnent ThL LhLirity 1% coiilrollLd by ils ¥overnin¥ document. a deed oftrust and constilules an unincowraied charity. ThL Lharily estab1is1iL￿ by a eharilable trust deed on 7 June 1967. The charily's objects are lo promoie the charilable work of ihl Ensli.%h dLIL8&?iure ofthc Irish Provincc of ihc Socicly of ihc CaLholic Aposlolalc. Thc trustecs wcre first registered by thc Charity Commission on 10 July 1967 U[￿Cr thc namc ofTr Tn]stccs of the Socicty of thc Catholi¥ Ap05tolalc'. On 5 Novcmbcr IY97. Ihc ITUStccs chan8cd thc name of thc charity, under a Charity Comjnission sLhcmc. to'sociely ot-the Catholic Ap05tolale Charitablc TnLSi'. The irll%tee¥ wh() %ern'ed during the year and LEP to ihe dale of signa(ure of the fina￿la] sthiement8 Ivere= Rcv L 0'Dono￿an SC.A Rel. L Mcclarey SCA Rev E Mon50n SCA Rev J Egan SCA Ri¢ruitm¥nt appvinim¥nt of trustti$ The p￿￿'er to app(>ini artd Temoie trustees rests w'ith ihe Superior. Risk management Th¢ tn15te¢s hav¢ ¢xaTnined thr majoi 5trate¥i¢. busin¢55 3nd operational n5k5 whirh the chanty 15 expo5¢d tv and confirm thill sysl¢Tns are b¢in¥ ¢slablish¢d tv enable r¢¥ulrfir r¢]x)tlb to be pri)durcd thal n¢ce55llry 5l¢ps can be tsk¢n tv Tnitigai¢ expwuT¢ to the major nsks.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Th¢ InL4¢e¢4' report was approv¢d by lh¢ BoaTd ofTTUSI¢¢$. Rev L O'Donovan SCA .1 ruslee 2911012025

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST

I report to the trustees on my examination of the financial statements of The Society of The Catholic Apostolate Charitable Trust (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member ofICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. 2 the financial statements do not accord with those records[; ] or

• 3 the financial statements do not comply with the applicable requirements concer g the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Darren Harding ACA FCCA DChA

Richard Place Dobson Services Limited Ground Floor

1-7 Station Road

Crawley West Sussex RHlO lHT

Dated: ........................ . 29/10/2025

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOiIIE AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 CurreThi fin4nclal year Unrestricted Untystritted funds funds gencr•l deslgts#ted 21124 2024 Restricted rund5 Total Total 2024 2024 2023 Income and endowments from: Dcin¢llic)n% and IL¥aLIcs 83.570 l(K>.556 10.1)66 23.038 649 11.555 95.125 129,313 10.(166 29.668 649 149.678 98.791 28.757 Oiher trading clivities Inve%tmeni% Oihcr income 6.630 16,839 8.029 217.879 35.387 11.555 264.821 273.337 107.200 25.940 51.119 184.259 314.462 NL't inLominklloutgoing} resourres before trHn5fers 110.679 9.447 139.564) 80.562 Gro%% transfers between funds 125.5311 26.531 I,(KK)I Net Incomellexpendilure} for the yearl Net mDvement In fund5 85.148 35.978 140.564) 80.562 Fund balancLs al l January 2024 577.297 784.040 176.060 1.537.403 1.578.528 Fund bglMn¢e$ at 31 Dc¢¢mbcr 2024 820.024 135,496 1,617,965 1.5.37.403 The Slaiement of fjnancial a¢tiviiies includes all gains and10s5es recognised in the year. Thc statemetlt of fjnancial actLVities includes all 8aiDS and 1055es reco8Thised in the year. All income and cxpcndih]rc derive frotn continuing actLVitie5.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST STATEMENT OF FINANCIALACTIVITIES (COliTINUED) INCLUDING INCOiIIE AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Prlor flnanelal year Untystritted Unrestiicted funds rund5 gener41 deslgnated 2023 2023 Restricted funds Total 2023 2023 Notes Income and endowments from: Dcin¢llic)n% and IL¥aLIcs C'harirable a¢riviti¢s Ini'e51tnenis Oiher income 139.678 69.604 11,896 8.029 I O.(KK) 43 149.678 YS.791 16.839 8,029 29,144 4,943 'rntal income 229.207 34.087 l O.(M3 273.337 tndlture on.. 220.928 51.325 42,209 314.462 CJro*% tran%fer% between funds 1.966 12.97.11 1.007 Net movernent In fund5 10.245 120.2111 und balan¢e% at l January 2023 567.032 804.257 207.219 1.578.528 Tr-und h#lAnce$ #t 31 December 2023 577.297 784.046 176.1)60 1,537,403

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST BALANCE SHEET ASA T 31 DECEMBER 2024 2024 2023 l%oles 'ixed as5etS Tungible 13 426.792 425.693 Current a55ets Siucks Dlbiorq Casli al bank and in hand 14 15 6.882 32.614 1.160.540 9.339 19,569 1.(192.479 1.21X).036 1.121.387 Cr¢dltors: amounts fAlllng due wlihln one 3.ethr 16 18.¥63 19.6771 Ntt Lurrvnt &55ets 'rntal asset5 less current IiAbilities 1.617.965 1.5J7.40J The funds of th¢ rhfirlty RLblricicd incomc fund5. UnrL51riclLd lunds- genernl Unregiricied fund8. de8ignaied 17 19 18 135.4()6 662.445 820.0?4 176.IlfiQ 577.297 784.04(1 1.617.965 1.537.4(J3 2911012025 ThL finanLial slalLmLnls WLfL approvLd by the [rusiLL￿ on......................... Rtyi. L O'Donovan SCA Tru$tee

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Aeeountlng pthlleles Charity iNforrnation Th¥ SuLi¢ly ()f Th¢ CiiiholiL Ap(Istolai¢ Clthrithble Trust is a chaTiiy and their rryislered Lharily Trumber 1$ 252929. l.l Accounting Convention The fiD<illLl¢il s1(Il¢tnenL% have been prepared in aLYTrrilance w'ith the charity'4 tw4t deed. the ChaTitie% ALI 2011 and 'ALL(iuntiDg <in(l Re￿)rtIng hy Ch41ri1ic%'. Statunenl ()f ReLI)TDynended PraLlILc applJLdhlc t() Lhantic% prcparing thcir aLLiiunls in aLL(irLlanLc wilh thc FinanLial R¢p()rting Stsn(l#rd applilablc in ihc UK and Republic of Ireland IFRS ia2} IcftiLtikL l JJnuury 20191. ThL Lharity i% a Public B&'nLfii Inli¢y as d¢fJn¢d by FRS 102. The charity has taken #dvarttsgc of ihe provisior)s in the SORP for charities applying FRS 102 u[￿le Bullciin I not lo prepaw a 8idtemcni ol'cash Flows. Thc financial slalcrncnt5 have departed from thc Chariries (Accounts and Re￿)rts1 Rc8ulJiion5 2(H18 only ro thc cxlcnt reqiiircd lo providc a true and frflir ￿le￿.. This dcpanuTe has iii%'olvcd follow'iny Ihc Siaicincni of Rcconiniciidcd Praclicc lor churilics upplyinsr FRS 102 rniher than rhe vcrsion of ihe Siatemenl of Recomrneiided Practice which 15 referred io in Ihc Rcbiulaliun5 bul which ha5 since kcn wiihdraw'n. Th¢ financial slalcmcnts ar¢ prcparcd Én stcrling. which is th¢ fvnaional CUTrcncy of th¢ chariry. Monetary Bmounts in Ihcs¢ lin￿in¢la1 siatcm¢ni¥ are round¢d 10 ihc ncarcsi £. The financial staiemcnis have bcen prwwd undcr Ihc hisiori¢al cosi convention. Thc principal accounting policics dopied are sct out bclow. 1.2 Golng concern Ai Ihc time ot approvirhg the financial siatemenis, the tnJsiee5 have a reasonable expectation thai the charity has adequate resourceb lo Continue in operational existence for the foreseeable fuDJre. Thts5 the tnJ51ees continue to adopt the going conr¢m ba515 of accouniing in preparing ihe finan¢ial siaiemeni5. IJ Ch#rlt#ble fund$ UnrL'sifiLIL'd flind% dr¢ available for u¥e at ihe di*r¢lion of th¢ in fvrth¢ranL¢ of their charithhle tsbjc¥liv¢s. Designated funds compri%e funds which have been sei aside ai ihe di%creiion of (he mslee% for %pecific purpose%. The purpo.%es and u%e% ot'the designated funds are sei oui in the nore.% io ihe flnancial siaiemenis. Rcslriclcd funds arL subjLLt lo srKYific condiiions by donors or 8fdniors as lo how thcy may ￿ used. The PUTP05CS and USLS of thl rLsIriLtL"d fund5 aTL scl out in thc nolcs io ihL financial siaicments. 1.4 Income Donations. lega¢ie5 and other trading income are included in the year in whi¢h they are receivable which 15 when the Charity became entitled to the resour¢e. Investment income is recognised on a receivable basis_ Tn¢vm¢ fiom rhiintabl¢ avlivili¢s inrlud¢s irtr(Trm¢ fiom mJss¢s repos110ry In￿me and is r¢vognis¢d as earn¢d. Other inLvme inLludeb th¢ pivfit fTom or rixed &%¢ts. 1.5 Expenditure Expenditure is recognised once there is a legal or c0nsrncii￿'e obligation to make a paymeni ro a third parry, it is probable that settlemeni will be required and ihe amouni of ibe obligarion can be measured reliably. Expenditure is classified under the following aciiviry heading=

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Atcounting policie5 {Continued} Ex￿nditure otj ¢haritablc aciiviiies which is the provision of rcligious se￿1¢¢S and thejr aswiat¢d supw)rt costs. Siippori costs arc thos¢ functions thai assisi th¢ work of the chariry bui do noi dirc¢ily undcnake charitable aciiviiics. Siippon cosis include otlice r¢laied ¢osis at)d goveman¢e cosis ￿hiCh sup￿)rt the charity's aciiviry. These ¢osts have been allo¢al¢d to expetJdimr¢ on ¢hariiabl¢ a¢iiviiies. Only on¢ diwr ¢hariiabl¢ aciii'iry has been ideniifjed so all support costs are in relation to that aciivity. Governan¢¢ costs include ihose incurred in the goi'¢m2n¢¢ by the InJsi¢¢s of the chariry's assets and are primarily asso¢iai¢d with consiiwiional and statutory requiremenis of opmiing the ¢harity. 1.6 TAnRible fixed assets Tan¥iblc lixcd a5sc15 arc initially rnea5ured at cost and subsequenily measureil at cost or valuation, nct of dcprccialion nd tiny impairnicni1os￿s. Dcprcciaiion is rceognised so as to write off the cost or valuation of as%cts less their residual vilue8 over their useful lives on Ihe r()Ilowing ba%¢.%'. Frcchold pr()pcrty Long I¢Li¥¢hold Fixture%. fiiiinbT% & equipment Motor vehicles Siraighi linc over So years Siraighi lit)¢ OVCT 50 y¢8TS Sirdighi line over 10 years Siraighi linc ovcr 4 Y￿1$ The gain QT ari%in¥ on the dIS￿￿saI of an dctcrniined as the differcncc bcNeen thc sale proceeds and the Larrying value ol-th¢ asbet, And is r¢¢ognis¢d in th¢ sthiem¢ni of finanLi#l aclivities. 1.7 Sto¢k$ Sto¢kb ar¢ valu¢d al thc low¢r of cost and n¢1 r¢alisable value. aA¢r making due ollowanc¢ for obsol¢i¢ and slow moving Nct reall￿ble I'alue is the estimated sellin8 price less all estimaied costs of compleiion and costs to k incurred in markciin¥. selling and distribution. 1.8 Flnan¢l#l In$trum¢nt8 ThL Lharity only ha.% financial assets and liabiliii¢s of a kind thai qualify as basi¢ flnancial instrnmenis. Basic tinancial instrnments are initially recognised al ifdnsaciion value and subsequenily m&qsured ai their seiilemeni value. 1.9 T4x4tlon The charity is noi subject to torpordiion ￿ or any other tsxes on income or gains arising fn)m its eharilable objectives. 1.10 Debtors, ¢45h 4nd t￿dItOrS Other debt0￿ are recognised ai ihe seitlemeni am¢)unL due atTrer any tr*le th"SCOLmi Qtrered. Prepayments are valued ai the amount prepaid net of any irade diseounLS due. Cash al bank and cash in hand includes cash and short ienn highly liquid investments with a short maturity of three months or less from Ihe dale ofaeqllisiiion or O￿ning ofihe deposit or similar aceollnL. Creditors are recognised where the charity has a present obligation resulting from a past evenl that will probably results in tlic transfcr of funds 10 a third party and the atnouni duL io scttlc ihc obligation can bc mcasurcd or cstimaicd rcliably. CrLdilors arL t)omMlly rcco8nisLd ai thcir scnlL)nLnL amount afier allowing for any discounts due.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Crltl¢al g¢¢ountlng estlmatts 4ttd Judgemettls In the application of the charity'5 accouniing policies. Ihe ITUSlttS are TequLTed to make judgemenls, eslimates and assumptions about th¢ carryin¥ arnount of assets and liabilities Ihal are not readily appareni froni otlier sources. The esliiMatLs and associated assumptions are based on hisloTical experience and oilier factors thai are considered to be relev£￿1. Actual r¢sulis rnay differ (Tom ihcse eslimalts. The eslimdl¢s and underlying a5SUrnPtions are rei'iewed on an ong()ing basis. Re￿1510￿5 t() acLounting ¢5tiniitte% Hre rLL(Igni4Ld in IhL pL'ri(Id in which ih¢ estirnate 15 rei'ised where the Tevisi(In iltTects' 1)nly that ]Kri(￿. (IT in thL ]K'ri(Id uf the TLVl%I(In and fulurL periiKl% whcTC the revision affeL15 boTh current and future peri(￿.. Thc tnain judgctnent iind acLY)untiThg e%iiwnate% included in the acLounts- are.. DcprcLi411iiiD M¢inugcmcnl h&% &%%umptio￿$ and esiimaied depreLiaii(m rnles in rc%￿Ll ()f %h()wing a truc and r4iT VILW, <if thc a%4LI.4 at thc balancc %hcci daic. Donxtlon5 8nd I￿Seles Unr¢strl¢t¢d funds gencrl 21b24 Reslrlfied fund5 Tot•1 Unr¢strl¢t¢d funds gentrl 2023 Re$irl¢ted rund Total 2024 2024 2023 2023 Donaiions and gifts Ligaiils r¥iiiv4bl¢ Cirdni 83.497 73 11,555 95.052 73 131,862 7.816 131,862 7.X16 io.Doo l O.(K)O 11.555 95.125 139.678 10,(M)o 149,678

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Ineome from eharltable a¢il%'lile$ Proi'lslon of Provlslon of religious religious services services 2024 2023 Mini4tLri(Il inL()me Masscs said Mass league in¢om¢ Repository incLime Mi%siun ma%4cOanthual mi.ssion Hou%L inioin¢ 19.638 53.972 28.757 11.420 6.051 9.475 -In.786 23.013 29.144 15.805 43 129.313 98,791 An8lysls by fund UnrL.%lriLILd IILncl.%- bfLnL'fdl Unrc.%lriLtcd lund.%- dcsiBnaied Rebtri¢i¢d funds l(K>.556 28.757 69.6114 29,144 43 129.313 98.791 Ineome from other trldlng aetlvltlos Unre5trlcted Unre5trlcted funds funds 2024 2023 Fundraising> events 10,066 Investments Unrestricted Ullre51ric¢ed fund5 fwnd5 generAI 2024 Tolal Unrestricied Unrestricted fund5 funds gener&1 202.1 Total 2024 21124 2023 2023 Rental income InteTeSt Teceiyable 19,309 3,729 19.309 10.359 11.875 21 11,875 4.964 6.630 4,943 23,038 6.630 29.668 11.896 4.943 16,839

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Other Incomt Unrestricted UnrestriLted ruthd$ fund$ %enerAI %eneral 2024 2023 Other income 649 8.029 Expendlture on ¢h*rligble Ietlvliles Provision of Provl$loN of religious reliLIIUUS ser>icL' 5L'rvices 2024 2023 DlrL'Ct co$1 DLprLLiation and im￿]rment I lousehold member8 allowance Paym¢nl$ 10 mission8 and chariiics FormJliL)n dnd Lxiuialiunal L'XPLnsL'5 C'(?ntributii)ns t(1 pr(iviniL R¢p()%ll()ry pur¢h4%¢ m￿155 ILab7llL expcnscs Rep4lLr% and mainlenanee Moior and Iravel ¢xpcns¢s 24.?42 31,X95 15.%R5 5.347 5.441 13,030 21.27 2.615 24.378 12.¥Y5 2¥.0fi1 41,159 7.536 46.362 9,274 151.476 235.678 ShAr¢' Ibf $ypport and g(bvernan¢¢ Costs 1$¢¢ not¢ 91 uppc)rt Govcrnance 24.436 8.347 69.170 9,614 184.259 314,462 An#ly5i5 bTr' fund UnrL'.%lriited fund.s- ¥eneral Unrcslrictcd funds- dcsignated Restricted fund5 107,200 25.940 22n,928 51,325 42,209 184.259 314,462

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Supptsrt ¢o$is Support t05ts GovtrnADce tosts 21124 Supp)rt costs Governance costs 2023 InsuranLe O￿lee alld misc expenses Bookkeeping Sundry cosis 19,249 19.249 40,887 40.887 20.580 6,500 1,203 6.5(X) 6,5 6,500 1,203 Indcpcndcnl examination fee5 Bar)k LhargLs 8.220 1,394 8.220 1.394 1.747 1.747 24.436 8.347 32.783 69.170 78.784 Analysed beiween Charitabl¢ a¢livili¢s 24.436 8.347 32.783 69.170 9.614 78.784 Ciov¢rnan¥c 10515 iniludcs paym¢n¢s io ih¢ ind¢p¢nd¢ni examincr of £6.6(M)12023- £6.6(KII. 10 Trustees None of the Iru%iee.% IOT aThy persons connected with them} reeeived any remunerdlion or benefits from the chariry during Ihc ycar. l?023 - Noncl Trustees expenses Dirccl chaTll&?blc cxpcndiiurc includcs thc c051 of indcinnily insurdnce provided for Ihe Iru%lcc5. 11 is nol pos%iblc Io 8lV¢ details 01. Ilii iobl of providiiig s￿h Insuranc￿ as thc brcakdowii of ihc prcmiuin payable has iiol be￿7 di5Llosed. As mLinbcrs ofthe Socicty. thL ITUStCC5' living cxpcnscs durin¥ Ihc year wcrc Erf)rnc by ihc charity. Employees The average monthly number of employees during the year was: 21124 Plumber 2023 Nurnber Total There were no empl()yees during the year. The charity h&$ issued a contrdct of employment to the Manager of ihe 'Wisitation Parish Centre Club, for his duties llndertakert there. Hi.% %alary is pajd by ihe diocese. Fllrther detsils of the JElaiio]Lship bdween ihe charity, Ihe Dioce%e and Ih¢'Visiiaiiort Parish C¢ntre Club, ar¢ dis¢losed in N)1¢ 19. 12 Taxation The charity is ¢xernpt frorn lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of th¢ Taxatiun of Chargeable Gain5 Act 1992 to the ¢xtent ih* ¢hes¢ are applied io its rhantable objwts.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Tanglble flxed a$sets rtthdd Long losekold Motor i'ehltles & eqw1pme￿t Total Cosi Ai l January 2024 Addirions 2,322.383 191,(KM) 354,365 2.f.341 65,100 2,932,848 A¢ 31 December 2024 2.322.3S3 191,(M>O 379,706 65.100 2.95R.189 Depreeltlon and Impalrment At l January 2024 Depreciation Lharged in the year 1.961.407 17.367 13l).¢rf>O 3.020 34(J.988 3.855 65.100 2.507.155 At 31 D¢¢cmb¢r 2024 1.978.774 14•680 344.843 2.5.11.397 Carrvln% #mount Ai 31 t)cc¢mbcr 2024 J43,609 48.320 34.X63 426.792 At 31 December 2023 360.976 51.340 13.377 425,693 The PTopertiei above include churehcs w'hich arc wriiicn completely in thc ycar of PUTehasc as, due io their naiurc. thcy are hi.%toric and do not havc a quaniifiable Mark￿ value. LLa%ihold PTOPLrty all rclatLS lo long ILascholds lovcr 50 ycar51. 14 Stocks 2024 2023 Finishi￿ 80(NJs 6.882 9.339 15 Debtors 2024 2023 Amounts falllng du¢ Mlthln one year: Other debtors Prtpaymtnt5 15.924 16,690 3,816 15,753 32.614 19,569 16 Credltor$: falllng due wlthln )'eAr 21124 2023 Other crediiors Accruals 2.263 6.600 3,077 6,600 8,863 9.677

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Re5trlcted fund$ The restricted funds of the charity comprise the unexpended balance5 of donations and grdlit5 held on tTUSt subject to Specific condiiions by donors as io how ihey may be used. At I January 2024 Incomin% resour¢e5 Resour¢e5 expended TrAnsfersAt JI December 2024 Missions fund P Twomcy legacy fund Mcdju¥uTL Columbiao Mission Breuktast Club C.aiholic Wornen GTOUP 2.193 173.867 2.IY3 132.463 141.404) I8.(M￿} 1,715 840 I1.0￿)) 176.060 1.555 I l.11(K)I 135.4Y6 Prevlnu8 V¢Ar: At l Jinuary 2023 In¢omln% r￿oUrCeS Resour¢¢s fxptnd¢ TronsffrsAt 31 Dec¢mher 202.1 Missionb lund Mi>%i(In Masses fund P Twomcy IcbTacy fund National Loitcry Community Fund 2,193 2,193 43 11.050} 131.159) 110.(KN)I 1.007 205.026 173.867 10,(KMJ 207.219 10.043 142.209} 1.007 176.060

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Restricted fllnds {Continued} The Missions ￿lld a¢c¢pis donaiions for th¢ Palloiiinc missions abroad. Thcsc donaijons arc augmcnt¢d by transtcrs madc from Palloitinc g¢ttcral timds and thc combination ot'thcs¢ is transmill¢d to the missions. The Mission M&sses fut￿ accepis donatiot)s for masses io b¢ said on th¢ missions and ih¢n rransfers them dir¢¢tly. The P Twomey l¢ga¢y fi]nd is to be used sjxcifically for ihe benefit of the Porish of th¢ Roman Catholic Church of Our Lady of the I'isiiaiion, Greenford. The National Loii¢ry Grani wos o%'ard¢d in order to develop a community project io support the p￿)r. hoin¢l¢ss and ¢lderly of Grc¢nford. Th¢ money was sp¢ni in a¢¢ordan¢¢ ￿'Ith th¢ granr appli¢o1ion w r¢plac¢ windows in th¢ Parish Centre and make ir a more iiscabl¢ ¢nvironJncni for the aFM)v¢ meniioned. The Medjugorc fund r¢lai¢s io donations rttcivcd io ¢n8bl¢ lh¢ participation of sick ¢hildren in our annual pilgriinagc lo Medjubiorje. Th¢ Columbian mission in¢om¢ r¢pr¢s¢nis ¢oll¢¢iions w¢eiv¢d io fund ih¢ donation towards the missionary Work of lh¢ Columbdn Mi%%iun. ThL BrLakf*Ls1 C lub funil consists of donations towants our homclcss brcakfast club which is run cvLry SaluTday morning. ThL C'ath()liL W(ImLn (tTOUP d(TrnJlLd £I.(m￿ i()wJr(L% IhL purEha￿ of a IlLfibrillJlor for IhL Lhurch. ThL tran%fLr TLpfLSLlli& it'% purLhdse ￿ Ihc delibrillalor is inlended for gcnerdl usc and noi subJcLI lo rcbtriLiion5.

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Unre$trl¢ted futtd$- deslgm*i¢d These are unrestricted fund5 which are maierial io ihe charity's activities. At I January 2024 Ineoming resoutte5 ReSoU￿e$ txpended TrAnsfersAt JI December 2024 PrL'illisLS and Lyuipmeni fund LLaguL fund Rclircrncnt fund 425.693 26.344 332.￿9 124.2421 11.698} 25.341 1.190 426.7Y2 54.593 3.18,639 28.757 6.630 784.046 35.387 125.940} 26.531 820.024 Previous y¢Ar: AI I JADUary 202J Incoming r¢sour¢es Resou￿¢5 eX￿nde TrAnsfersAt 31 D¢cemb¢r 2023 Pr¢miscs and ¢quipment fund MJ.4s LL'abYUL fund R¥tirLmLnt I'und 441.826 35.36S 327.066 123.264) 128.(J61} 7.131 110.i(Hi 425.693 2(?.344 29.144 4.943 804.257 34.087 151.325) 12.9731 7￿4.￿4f> The Pr¢mib¢s and ¢quipm¢ni fund r¢pr¢tsents the fundb. ne¢¢ts¥arily ¥ei a¥Lde for the ¢h2rity'¥ ￿¢UpatIon of its land and buildings and equipment ¢oniain¢d w'ithin its premises including motor v¢hi¢les. The Mass L¢ague fund r¢presenis a s¢parai¢ designai¢d fund used for ¢du¢aiional eX￿nSeS and for ihe D¢l¢¥aies' admini%iration COSLS. The Rctlrcmenl fund represent8 a Se￿￿dE¢ d¢signaied fund sei &side io provide for th¢ ¢osts of mainiaining the members of the OrdLr a% they gro￿ older. 19 Unre5trl¢ted funds The income funds of the charity include the following designated funds which have been set aside out of unrestricted fund5 by thc tru5tecs for spccifLC purposcs.. At I J%Duar)' 2024 Incoming resouttes Resources expended Tr&nsfersAt JI Deeember 2024 General fi￿dS 577297 217.879 {107.2(K>} 125.5311 662,445 Previous year: At I JADUary 2023 Ineoming resOll￿e$ ReSoU￿e$ expended Tr&nsfersAt 31 December 2023 GeneTal fullds 567,052 229.207 {220,928) 1.966 577.297

THE SOCIETY OF THE CATHOLIC APOSTOLATE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Anlysl$ of net a8sei$ betwten funds Unrestrifted Unrestrlcted rund5 funds general designated 2024 2024 R¢strl¢ted funds Totl 2024 2024 At 31 December 2024: Tangiblc asscls Curreni asseisllliabiliiies 426.791 393.233 426,792 662.444 135,496 820.024 135.496 1.617.965 Unres¥rlc¢ed U￿r¢s¢rICted runds rund5 general designtcd 2023 Rcstrlctcd funds Tolll 2023 2023 2023 At 311)ecember 2023: 425.693 358.353 425,693 Curreni asset￿(lIabIlll1es￿ 577.297 176.060 577.297 784.046 176.000 1.537.4(J3 21 Relattd party trns*¢tlon$ The charity IS related by bein8 I￿stee for The Charity of Ihe Spirirual Welfare ot- Members of the Roman Caiholic Chiirch 42dniinislcrcd in conncclion wilh ihc Socieiy ofthc Caiholic Aposlolale,. chariiy rc8i51ralion nuinbcr 2$2931. The charity is also related by certain common Irustee5 lo another charity. 'Miss E L M Loleman's Will Trust,, eharity re815tralion numbcr 10$9954. During the year. the charity paid the independent examination ftts of £1200 for'The Charity of the Spiritual Welfare of Members of the Roman C'atholic Church administered in connection w'ith the Society of the C-aiholic Ap05tolale'. 12023 LI.620- Indcpcndent cxaminalion fcc5 The charity also paid the independcnt examination fees of £1.8(M) for 'Mi5s E L M Coleman'5 Will Trust, (2023 tran5aclion51. no 'The Vi511alion Parish Centr¢ Club. 15 Telated ¢0 the charily a5 ihe club'5 PTOPTielor 15 a Iru5tee of ihe charity. The charity runs the pr¢tni5¢5 panly (￿cUpied by ihe club. The diocesan patish chaTity also occupies the premise5. All tliree bodies 5haie c05t5 and rev¢nu¢s as appropriate.