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 P*rl$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#ncl*l 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
gencr*l
21b24
Reslrlfied
fund5
Tot•1 Unr¢strl¢t¢d
funds
gentr*l
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$sets
rtthdd Long lo*sekold Motor i'ehltles
& eqw1pme￿t
Total
Cosi
Ai l January 2024
Addirions
2,322.383
191,(KM)
354,365
2.f.341
65,100
2,932,848
A¢ 31 December 2024
2.322.3S3
191,(M>O
379,706
65.100
2.95R.189
Depreel*tlon and Impalrment
At l January 2024
Depreciation Lharged in the year
1.961.407
17.367
13l).¢rf>O
3.020
34(J.988
3.855
65.100
2.507.155
At 31 D¢¢cmb¢r 2024
1.978.774
14•680
344.843
2.5.11.397
Carrvln% #mount
Ai 31 t)cc¢mbcr 2024
J43,609
48.320
34.X63
426.792
At 31 December 2023
360.976
51.340
13.377
425,693
The PTopertiei above include churehcs w'hich arc wriiicn completely in thc ycar of PUTehasc as, due io their naiurc.
thcy are hi.%toric and do not havc a quaniifiable Mark￿ value.
LLa%ihold PTOPLrty all rclatLS lo long ILascholds lovcr 50 ycar51.
14 Stocks
2024
2023
Finishi￿ 80(NJs
6.882
9.339
15
Debtors
2024
2023
Amounts falllng du¢ Mlthln one year:
Other debtors
Prtpaymtnt5
15.924
16,690
3,816
15,753
32.614
19,569
16 Credltor$: 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
An*lysl$ of net a8sei$ betwten funds
Unrestrifted Unrestrlcted
rund5
funds
general
designated
2024
2024
R¢strl¢ted
funds
Tot*l
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
design*tcd
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 tr*ns*¢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.