Registsred Charity Number: 269640 {UKI ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ST PATRICK'S MISSIONARY SOCIETY UK CONTENTS Reference and administrative dètails Trustee's report statement of Trustee's responslbllltles IndopBndent auditor5. rgport 9-13 Statsmont of financial activities 14 Balance shget 15 statemont of cash flows 16 Note to the financial statements 17-34 ST PATRJCK'S MISSIONARY socIErf UK REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustee St Palrido'3 Missionary Society TTuslee Limited Charlty rgglstQfgd numbèr 269640 {UK Principal office 242 Brooklands Rd Weybri¢Jge Surrey Unrtèd Kingdom KT13 Independent auditors RBK Business Advisers Chartered AcC￿￿tantS & Statutory Audit Finn Termini 3 Arkle Road Sandyford Dublin 18 Ireland Bankers Bardays Bank PLC 2&30 High Street Windsor Berkshire United Kingdom Solicitors Millet & Matthews Soliators Main Street Baltinglass Co. Wicklow Page 1 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustee of Sl Palnck's Missionary Sociéty UK has th& pleasure in presenting this Reptsrt and Financial Statements forthe year ended 31 DecErnber 2024. The Trustee's Report is prepared In atcordanee wth Charities SORP and the audited finan¢i81 ststements for the year ended 31 December 2024, which are wepared in awjrdance with the Statement of Recommended Practice appli¢ablo lo Charitie$ preparing their accounts in aco)rdance with the Finan￿al Rgporting Standard xpplicable in thè UK and Republic of Irèland IFRS 1021 leflective 1 January 20191 and FRS 102 During 2024 the spirstual and promotion activity of St Patrick's Missionary Society, based at 242 Brooklands Rd. Weybridge, SLwrey, United Kingdom, KT13, and covering both England and Wales. continued to focus on promoting spiritual and financial support for the SOc￿ty and the missionary work of th¢ Lord throughout these tmo countries. The ever- generou5 resporbsè of the people of both countries can bè sèèn in thè finanaal retuins. STRUCTURE, GOVERNANCE AND MANAGEMENT a. History The Dislrirt HouselPromotion Office of St Patrick's Missionary Society is located al 242 Brooklands Rd, Weybridge, Surrey, United Kingdom, KT13_ Thè District Lèader is Fr Joseph Mccullough. The Director of Promotion is Fr. Stephen Kimani. Fr. Timothy Redmond is a resident al 242 Brooklands. he is the r￿mmunIcatIOnS olfieer for SPMS, and the safeguarding lead for SPMS UK. The Society does not have any p￿rni5@S in Wales. b. hlembers Throughout 2023124 there were a total of seven members ol Sl Patrick's Missionary Society Tesident in England. There are members resident in Wales. Five members are resident outside thè Soaety's London house. of whom lour ar8 involved in parishlchaplaincy ministry in their respective locatsons. TheE are three mpmbers resident at 242 Brooklands - one of whom is directing the promtion programme of the S¢aety and one holds a Society posi1Son and a¢Jditional two members are resident in Englané. The main focJJs of the of the Society in England & Wales is the promotion of the Soc4ety and its mi$5ionary work. This work involves parish vigtslion at weekends to those parishes allocated tts the Soaety by the Catholic Missionary Union. under the aUspi￿S of the Catholi¢ Bishops Conference of Eruland & Wales. During these weekend visits to parishes, our priests invite people IcTr support Ihe missionary work of the Society, both spiritually and financially. During the weèk. the Director of Promth"on administers the Promotion Office and is as￿sted in this by an Office Manager and IY40 full bme Office Assislanls. c. Gav•rnance In ac¢ordance with the constitution of the Charity the four members of the Central Leadership Team residing in Kenya are Trustees together with the 8ursar General of St. Patrick's Missionary Society who rèsides in Ireland and is, by virtue of hi$ office. Secretary to the Board. The local Le￿er rèsiding in the UK is 8180 appointed as a Tnjstee. As all Ihtr Trustees, on assuming office, are members of the SocAety they already have knowledge of the work of the Charity and rts structure. There is a policy of induction and on-going training of Tru51ee5. On being appointed. after General Chapter every ssx years, the new Trustses are required to spend a week with the Truslees who are leaving office, for a comprehensive briefing and hand-over. They also receive a briefing from the Soaety's acr￿Untant and legal and bnvestment athi5ers in order to become sware of their ￿$￿)n￿bilItieS and the Charity's finanaal position. The Tnjslees have a good knowl8dge of thg prin￿￿e8 ol gwd govemance and they understand their Pa96 2 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT ICONTINUEOI FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Icontinu•dl r8sponsibilities and duties as trustees of the Charity. They are fully ¢ommittgd as a Board to complying with all the le9al and stslutory regulations governing the Charity Sector. As all Trustees are members of St. Patrick's Missionary Sorjely their living Costs are bome by the Charity. They receive no remuneratr'on or expenses for their seNices a5 Trustees. The nsmes of the Trustees who served during the year are set out as part of the legal and administrative inf0m￿tIon on page 1 of this annu￿ report and accounts. d. Risk management In line with the requirement for Ihe Trustee lo undertake a rfsx asgessmenl exercisa and report on the same in their annual ieport, the Trustee has looked at the risks the Charity currenuy facès and havè reviewed the measures already in ￿ace or needing to be put on ￿aCe. The Trustee has identified six areas where risks may Govemance and management Opeialional Financial Repulalional Laws, regulations, extemal a￿j environment Goveman¢e and management looks at the risk of the Charity suffering from a lack ol direLtion, at the skills and training of its members and 5tsff, arKI the good ustr of its resources. The appointment of a Govemance Sul committee lo advi8e the Board and to set in place thè nècessary structures, poliryes and pro¢o¢ols is a key Strategy in mitigating this risk. Operat￿nal looks at the risks inherent in th8 Charity's activities. induding the Mission Awar$n¢ss Pr￿ramme carried out in parishes throughout England and Wales, It looks at the risk of members engaging in inappropriate activities. the unsuitsbility of buildings, poor maintenance. shortcomings in the services provided, difficulties th staff, poor health and safety provisions and the provision of a di5a51er recovery policy. The appoirslmenl of key appropriately trained personnel, e.g. a Child Safeguarding Officer and a Data Protection Cotsrdinalor. helps to mrtvJale these risks. Finsncial risks include those arising as a resutt of poor budgetary control, inappropriate Spending, pcM)r acGo)unting, inappropriate investn￿nt poliaes, foTeign curren¢y exchange, etc. The appointments of a qualified Chartefed A￿untant and appropriately qualified support staff help to msti.gate these risks. RepUtsti￿a1 looks at possib￿ damage lo the Charity's reputation and the risk is lessened by a dedicated communications dèpartment. Laws, regulations, external and enviri)nment look al the effècts of govemmenl policies and the consequence of non-compliance with laws and regulations. The Trustee and managers are encouraged ar¥J reswrced lo avail of in-service training to update their ski15s and knowledge of the ever increasing regulatK)ns and legislation in the Charity Sector. Having assessed the tnajor risks lo which the Charity is exposèd. the Trustee believes that by monitoring reserve levels, by ensuring controls exist over key finanaal systems. and by examining the operational and business risks faced by the Charity, it has established effective system5 to mitigate those risks. The Tru8tee has maintained a policy of continuous monitoring ol the risks that the Charity faces. Page 3 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT {contlnugdl e. Protection of children and vulnerable adults Along with all other organisations who serve in the commurlty, the Trustee recognise5 the ab501ute ne￿sSItY of ensuring the protection and safety of all those the Charity serves. They are committed lo protècting and promoting children's rights. 11 is the responsibility of every member, volunteer and employee of the Charity to uphold the law and adhere to Gospel values by respeL*ng the dignity and rights of all d)ildren, young people and vulnerable a¢Jults, and lo work together to ensure their safety and wellbeing. Sl Patrick's MIss￿nary Society is committed to working in pathership with the Civil Authorities lo ensure all aspeds of the safeguarding of children are managed prO￿rIY, profèssionally and jusly. We adhere to the statutory policy and a￿ ctsmmitted to following best practice as specified in the National Safeguarding Policiès for the Catholic ChurGh in England and Wales and to following our own Child Protection Policy and Procedure5 as set oui in the documents "Policy and Procedures for Safeguarding Childrèn in St Patn"ck's Missionary Society" and 2018 Revised Safeguarding Policy for the District Df Ireland" Ivvww.spms.org1- All members of the Society, our employees, volunteers and thos$ work(ng in a$weiat40n with the Society are required lo comply with these sy)licies. f. Or9anisational StrnC￿re and management reporting The Trustee is ultimately responsible for the policAes. activitie5 and asse15 of the Charity. The board meets on a regular basis to review developments with regard to the Charity and ils activilles. lo plan for the futu￿ and to make any important de￿$lOn$ that need to be made. When ne￿$sary the Tlustee seeks advice and supp)rt from the Charily'5 professional advisers including Investment Managers, Solicitors and Accixjntsnls. The Bur$ar General and Ihe Society Accountant meet with the Trustee lo discuss and review ihe warterfy managemènt and financial reports, the annual budget whenever necessary to provide assistan￿ to the Tnjstse in carrying out th￿r respon8ibilitie5. The annual budget prO￿sS involves detailed projections for planned expenditure and the calculation ol expected ineome. This 1$ carefully analysed and once approved by the Tru$le¢ must be Str￿dY adhered lo. The Bursarf5 office r￿nitors this closety. The Trustee receives a statement of income and e2sh flow on a monthly ba515. The day-tfrday management of the Charity's financial aclivities and the implementatlDn of budgetary and other financial polic4es are ddegated to the Bursar General, who is a member of St. Pslriek's Missionary Society. The Bursar General administers the financial affa5rs ol St Patrick'$ Missionary Society under the dire¢tion of the Trustee and is assisted in his work by the Stsaety ACC￿untant and other senior stsff. Page 4 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 OWECTIVES & ACTIVITIES IIMCORPORATING ACHIEVEMENTS AND PERFORMANCEI a. Objoetlv•s & actlvltlos The objectls) for which the Association is established is the advancement of religion. In lurlherance of this the primary objedives are.. {al To engage in missionary activities in Africa or in any other r￿untry or any othei conb'n?nt in whth the Socrety may be asked lo assist by the Holy See Ibl To bring the teaching of Christ to the peoples ol any of the countries of Africa or any other ￿￿nty in which the Souety may be asked to assist by the Holy See Icl To care for the spiritual weffare of ils Members and those Christians in Africa or in any of the countries referred to in the preceding palagraph Id} To educate, train and maintain students preparing for the priesthood in any Scriety OT Congregation engaged in promoting the foregoing objects. or any of the loregoing objeds, and to educate, train and maintain persons preparing for adrnission as lay brothers in any such Soclety or congregab.on {el To maintsin and 8UPFL)rt the priests 8nd18y btolhers of 3ny 3uch Sooety (fj To educate. train. maintain and support poStU￿nts, r￿viCES and profe88ed sisters of or in any religlOUS Society oi CONgr￿all0￿ ongaged in promoting the objects or any of the objeds set out in sut>cJau8es lal. Ibl and Icl of this Cla￿Se, and to cOntrib￿e to the lunds ol any such Society or Congregation Igl To educate. train and maintain and support, arKI remunerate and provide pensions or retiring allowances for tèachers, Ggtechists and any persons who assist or who intend lo assist in any tsf the foregoing objects. The Soc4ety promotion programme. which has bwi lundioning for many years. is and remains thè main purpose for the Soaety's presence in England and Wale5. This programme has helped enormousty over the years to build up a very loyal and generous family of supporters throughout England & Wales. almost all of whom contribute regularly and generou5ty. The followFng are the main aspects of the Promotion Piogrsmm* Parlsh Wéékend Appeals- whereby peO￿e are invited to mi68ionary awareness and support. Usually we are allocated two dir)ce5es per year. Nol all parishes respond lo our request to come and make our Mission Appeal but we generally visf( all who invite us- usually about 80190 parishes per y88(. Bulk AlailApp•als . of which Ihere are four throughout the year- generate Considerable Income for the Society and the missionary work of the Lord. especially the Lenten Appeal. These activit￿S We￿ carried out successfully in 2024. Afrfca magazlne - thè Society magazine, is clstribyled nine times a year to our benefactois. Approximately elèven thousand three hundred eDpies are sent out 83 a means of communication anij contacl wth our benefactors. While not income generatsng, Africa magazine helps greatly lo makg th¢ Sociotys name and mission known ana supported. Other Income streams - Coordinated from the Promotlon Office, bring in considerable income. These indude donation$ for Oltr O¢ca5K)n Cards, Mission Circle income, Perpetual Enrolment, Beque51s and general donation5. These activities were particularly successful during 2022 and may be largely due lo the pandènmc when supporters were more confined lo home and had rntsr8 tim• to attend lo their mail. Soeial media using our website aThJ Facebook page - is last bècoming more 8nd more important as a means Page 5 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 0￿ECTIVEs & ACTIVITIES {INCORPORATING ACHIEVEMENTS AND PERFORMANCE) (continu￿) ol publicising the name and mission of the Soaaty. This is an area of growth in the Charities activities and rformance. The Soclety gratefully aCkno￿edge￿ the wonderful ganèrosity of the people of England & Wales over many years and the contrsbution, both spiritually and financially. which they have made, and continue lo make, to the mi8sionary work that the Charity suppcrts. Work is ongoing in 3lre8mlining thtr aebvities of the Promotion Office through sharing the resources and experbse of our very committed and professional staff in our promob'on offI￿S in Kiltegan and Scotland. The weekend Parish Appe81s are a vital element of gathering and adding names to our database. This iy as important, if not more important, than the actual direct income received from the Mission Appèals. Not being ablè to gather such names in 2021 undoubtedty will have a long term negative effect on our already declining datsbase. Our database has reduced to nineteen thousand members. due to a clean up before the r￿W datsbase was instslled. Tldying up our database and removing any inactive mem￿r$ r¢mains an on90ing task. We are very conscious of increasing expenditure costs and continuing efforts are made to redu¢e them wh￿e possible. One of our largest expenditure streams is postage. We continue to make every effort lo redu￿ this as much as possible and especially by inviting peo1￿￿ to allow us to aCknO￿edge their gener05rty by email and text athnowledgment rather than by letter. FINANCIAL REVIEW a. Financial Infomiation Totsl In¢om$ for the year amounted lo £1,830,664 12023.. £1.741,7641 which are the total reserves of the Society. Totsl charitabltr expenditure, including intra-fund transfers, for the year amounted to £1.659,857 12023.. £2.016.4631. This resulted in a net defiot of £29,193 leaving an a¢CAAmiJlat8d lund baLance of £1,004,534 at 31 December 2024. FUTURE DEVELOPMENTS The Souety does not expect to make any significant changes to ts activities in England & Wales in the near fvture. Events after balance 8hgst date The charity 8okl Ihe premises at 20 Beauthamp Road, East Molèsey, Surrey post year end. Page 6 ST PATRICK'S MISSIONARY SOCIETY UK TRUSTEE'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Disclosure ot inforniation to auditors Each of thè persons who are Trustee at the lime when this Trustee's Report is xpproved has confirmed that.. so far as that Trustee is aware, there is no relevant audit infomiation of which the charity's audrtors are naware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in ordèr to bè aware of any relevant audit information and to establish Ihat the charitys auditors are aware of that information. Audltors The audltor& R8K 8usines$ Advisers. have expressed their wllingness lo conb.nue in office. The dèsignalad Tru$tèÈ wll proposè a motion reappointr'ng the auditors at a meeting of the Trustee. Approved by ordw of the members of the Trustees and ggned on their behalf by.. Trustee Date.. 23 Sèptember 2025 Page 7 ST PATRICK'S MISSIONARY SOCIETY UK STATEMENT OF TRUSTEE'S RESPONSIBILITIES FOR THE YEAR ENDED31 DECEMBER 2024 The Trustee is responsible for preparing the Trust¥•'s Report and the financial slalernen15 in accordance wtth applicable law and United Kingdom Accounting Stsndards (United TrQng(k>m Generally AC￿pted Accounting Practice). The law applicable to char¢ties In England & w￿e$ requires the Trustee lo prepare finantsal statèments for each financial which give a true and fair vF¢w of the state of affairs of the Charity and of ils incoming resources and application of resources, induding ils income and expenditure, f¢r that period. In preparing th8$8 financial statemants, tha Trustee is req￿red to.. select suitable accoun￿n9 polldes and then apply them consistently,. observe the methods and princ4ples ol the Charities SORP IFRS 1021., make judgements and accounting estimates that are iea50nable and prudent,. slate wthelher applicable UK Accounting Standards IFRS 7021 have been foll¢)wed. subject to any material departures disclosed and explained in th¢ finanaal statements- prepare the financial statements on the going ¢on¢em basis unless li is inappropriate to presume that the Charity wll continue in business. The Trustee is responsible for keeping adequate accounting records that are sufficient to $FK)w and explain the Charity's tr3n5actir￿S and disdose wth reasonablo awuiacy at any lime the financial position of the ChaTty and enable them to ensure that the finÈntrAal ststemènts CoM￿Y wth the Charities Act 2011. the Charty (Accounts and Reports} Regulations 2008 and the provisions of the TrLJSt deed. They are also responsible for safeguarding the assets of th8 Charity and het￿e for taking reasonable slep5 for the prevention and detection of fraud and other irregularities. Approved by. Trustee Date.. 23 September 2025 Page 8 ST PATRICK'S MISSIONARY SOCIETY UK INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ST PATRICICS MISSIONARY SOCIEr UK Oplnlon We have audited the financial slalemenls of St Patrick's Missionary Sooety UK (the 'Cha¥ity'l for the year ended 31 Decernbei 2024 which comprise the Statement of Financial Activities, thè Balance Sheet, the Stslemenl of Cash Fl¢)ws and the ￿lated notes, incltjding a summary of significant aCC￿unting poli(ie8. The finanaal reporting framework that has been applied in their preparation is appIl￿ble law and United Kingdom Acctyjnting Standards, including Financial Reporting Standard 102 'The Financ4al Reporting Standard applicable in the UK and Republic tsf Ireland. Iunitèd Kingdom Generally Accepted Accounting pra￿1￿). In our opinion the financial statements.. give a true and fair view of the stale of the charit￿S affairs as al 31 DerEmber 2024 and of its incoming restsurttts and application of resources, including its income and expenditure for the year then ended.. have b**n properly prtpared in accordance bmth United Kingdom Generally Accepted Accounting Practi￿. and have been prepared in accordarKe v4th the requirements of the Charities Act 2011. Basis for oplnlon Vve conducted our audrf( In accordance wth International Standards on Auditing IUKI {ISAs IUK)) and applicable law. Qui responsibilities under those standards are furth6r described in the Authlors, responsibilities for the audit of the financAal statements section of our report. We ale independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial $tstements in the United Kingdom. including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical re3ponsibilities in a¢¢ordan¢e with these requirements. We believe that the audit eviden￿ vwe have obtained is sufficient and appropriate lo providè a basis for our opin￿n. Conclusions relating to golng concom In auditing the financial statements, we have condudtrd that th& Tnjstee's use of the going CLYKem basis of a(xounting in th¢ preparation of the financial statements is appropriate Based on the work have performed, we have n(A Identified a)y material uncertainties relating lo event5 or ¢)n(filions that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going concem for a period of at least ￿e*ve months from when the financial statements are auth0115ed foi issue. Our responsibilities and the responsibilities of the Trustee wth respect to going eoncem are desuibed in the relevant sectsons of this report. Page 9 ST PATRICK'S MISSIONARY SOCIETY UK INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ST PATRICK'S MISSIONARY SOCIETY UK (CONTINUED} Other Inforniation The other information comprises the informalon Indu¢Jed in the Annual Report other than the fiftanual statements and ow Auditors, Report thereon. The Trustee is responsible for the other Information contained within the Annual Report. Our opinion on the financial statements does not cover the ()ther infomiat￿n and, except lo the exlenl olherwse expli￿lIY Slated in our report, we do not express any lomi of 8ssuratKe conclusion thereon. Our responsibility is to read thtr other information and. in doing so, considèr whelher the other information is materially inconsistent wlh the finan¢ial statements or our knowledge obtained in the course of the audit, or otherwise appears lo be materialty misstated. If we identsfy such material inconsistencies or apparent material mi5Stalements, we are required to detemine whether this gives rise to a materi81 Misstatement in the financial 81atemenls thems81ves. If. based on thè wot* ￿ have performed. we condude that th¢re is a material misstalemenl of this other infomiatK)n, we are required to report that fact. We have nothing to report in this regard. Matters on whlch we are required to rgport by exception We have nothing to report in respect of the followirrfJ matters where the Charitie3 Act 2011 requires us to report to you if, In our oplnlon". the infomiation given in the Twstee'8 Repoxt is inconsistent in any material respect with the finanoal statements., or SLrfficEnt accounting records have not been kept.. or the finarrial statements are not in agreement with the a¢xounling ￿COrdS and returns,. or hav$ not received all the information and explanations we require for OLW audit. Responsibilities of trustso8 As explained more fully In the Trustee's responsi￿.11￿.es statement, th8 Trust8É is responsible for the preparation of the financial statements which give a true and fair view, and for such intemal control as the Trustee delemiines is necessary to enable the preparabon of finanaal statements that are free from material misslalement. whether due to fraud or error. In preparing the finaneial statements, the Trustee 1$ responslble for a8989gllYJ the Charity's ability to fJ)nlinue as a going concem. di$¢lo$ing. as applIca￿e. matters related to goin9 concèm and us*ng the going wnr£rn basis ol accounting unless the Tru5te¢ erther intends to liquidate the charity or to ¢¢ase operations, or have no realistic altemalive bLrt to do 50. Auditors. responsibilities for the audit of th• finanelal statements Wè havè been appointed as auditor under section 144 01 the Charities Act 2011 and report in accordance wth the Act and re￿vant regulation5 made or having effect thereunder. Our objectives are to obtain reasonab￿ assu¥3t￿e about vthether the financial statements as a whde are free ITorn material misstatement, whether due lo fraud or error. and to issue an Auditors. Report that Includes our opinion. Reasonable assuran￿ is a high level Df assurance, bul is not a guarantee that an audit conducted tn aco)rdance wilh ISAS IUKI will always dete¢X a material misstatement when il exi5t5. Misstatements ean arise from fraud or error and are considered material rf, individually or in the aggregate, thèy could reasonably be expected to Influen￿ the economic deasions of users taken ¢n the basis of these finanrial statements. Page 10 ST PATRICK'S MISSIONARY SOCIEfY UK INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ST PATRICK'S MISSIONARY SOCIETY UK IC014TINUEDI Irregularities, induding fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibiltties. outlined above, lo detect material misstslernenls in respeci of irregularities, including fraud. The extent to whith our proc8dures are capable of detecting irrègularities, induding fraud is detailed below.. We identify and assess the f15k5 of material misststefflent of the financial statements, whether due to fraud or error. and then design and perfomi audit procedures r&sponsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide the basis for our opinion. In identifying assessing risks of material misstatement in respect to irregularities, includiThJ fraud aThY noncompliance with laws and r•gulations, we considered the folloswng.. the natur¢ of the industry and se¢tor, control envirornnènt and business performance,. the Charity's own assessment of the risks that irregularits¢$ may occur either as a resun of fraud or error,. results of our enquire5 of management and other k¢y ￿r$C￿S aboul thair own idenlffication and assessment of the risks of irregularities., any matters we identified having obtained and reviewed the Charity's documentslion ol Ih8ir poliues and procedures relating lo.. identifying, evaluating aThJ complying with laws and regulafjons and whether they were aware ol any ir6tances of non-compliance., and detecting and responding lo the risks of fraud and whether they have knowledge of any actual, su$peeted or alleged fraud.. and the intemal ¢ontrols estsblished to mitigale risks of fraud or non-compliance wlh laws and regulations. the matters discussed among the audit engagement team regarding how and where fraud might occur In the financial statements and any potential Indicato￿ of fraud. As a resur( of these prc4xdure$. we Considered the Opl￿nitieS and incentives that may Èxist within the organisalion for fraud and iderbtified the gr¢atest potential for fraud in the areas in whith managernent is required to exercise signthcant judgement. In cnmmon wth all audits Lsnder ISAS IUKI we are also required to perfom) specific wocedures to respond to the risk of management override. We also obtsined an understsnding of the legal and regulatory framework that the Charity op8r8tas in. focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and discbsures in the financial statements. In addition, we considered provi8ions of other laws and regulations Ihat do not have a ￿1￿ct effect on the finanaal statements but compliance with which may be fundamental to the Charity's ability Its 0￿rate or to avoid a material penalty. These included the competition and anti.bribery laws, dats protection, employment, environmerrt818nd hèalth and safety regulations. Page 11 ST PATRICK'S MISSIONARY SOCIETY UK INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ST PATRICK'S MISSIONARY SOCIETY UK (CONTINUED) Audit Respons• to Risks Idèntifièd As a rtrsult of perfoming the above we identified several potential risks of fraud. Our procedures to respond lo risks idenbfied in¢lLJdèd thè followng: reviewing the financial stats￿nt discltssures and testing to supporbng documentation to as$8ss compliance with provisions ot relevant laws and regulations described as having a direct effect on the finan￿al 51atements,' enquiring of management and external legal ￿unsel concerning a¢tual and PC*tential litigation and claim5'. rfomiing analyiical and subslantive pro￿ureS lo identify any unusual or unexpected relationships that may indicatè risks of matèrial misstat8ment due to fraud., rèa(fjng minutés of meetings of thosè chargad with govemancE'. addressing the risk of fraud through rnanagemènt overridè of controls, testing the appropriateness of joumal entries and other adjustments, assessing whelh8r the judgèmènts made in making accounting estimates are indicative of potential tias, and evaluating the businèss rationale of any significant Iransadons that are unusual or outside the normal course of busine8S,' We also communicated relevant identified laws and regulations and potenti81 fraud risks to all engagement team members who ￿ mained alert to any indicators of fraud or non-compliance wrth laws and regulations throughout the audit. As part of an audit in acLordance wrth ISAS (UK), we exerase professional judgement and maintsin profèssional sc6pb.asm throughout th8 aLvJit. W8 also.. Identify and assess the risks of material misstalernenl of the financial statements, whether due to fraud or error. dÈsign and perf(>m audit procedures responsive to tt)ose risks. and obtain a￿lit evidence that is 5uffirient and apwopriattt to provide a basis for our opinion. The risk of nol detecting a material nws51alement resulting from fraud is highÈf than for one resulting from error, as traud may involve collusion, forgery, intentional omis5ion$. misrèpresentations, or the override of inlemal control. Obtain an understanding of intemal control relevant to thÈ audit in order to design audit procedure5 that are appropr￿te in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the Charity's internal control. Evaluate the appropriateness ot accounting policies used anos the reasonableness of accountsng estimates and related disdosures made by the Trustees. Condude on the appropriateness of the Trustees, use of the going concem basis of accounting and. based cw) the audit evidence obtained, whether a material uncertainty exists related to events or condrtions th81 may cast Slgnifieant doubt c¥) the Charity5 ability to continue as a going concern. If we condude that a material uncertainty exists, we are required to draw attention in our Auditors, Report to the related disclosures in the financial statements or, if such disclosures are inadtrquate, to modify our opinion. Our conclusions are based on the audit evidence obtained up lo the dale of our Auditors, Report. However, iirture events or condthons may cause the Charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial ststements. induding the disclosures, and whether the financial statements represent the underlying Iransacb'ons and evenl8 in a manner that achieves tair wesentsticrt. We communicate with those char9ed with govemance regarding, among other matters, the planned s¢ope and tirning of the audit and significant audii findings, induding any Significant deficiencies in internal control that we identify dufing our audit. Page 12 ST PATRICK'S MISSIONARY SOCIETY UK INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF ST PATRICK'S MISSIONARY SCtIETY UK (CONTINUED) Tho purpoy• of the audlt work and to whom owe our r8sponsibilities Thls ￿port is made solely to the Charllvs Trustee, in aC￿rdanCe with Part 4 of the Charities (Accounts and Reports1 Regulation5 2008. Our audit work has been Lsndertaken so that we might state to the Charity's Truslee those matters we are required to slate to them in an Audrtors. Report and for no other pijryjose. To the fullest exlenl pemiitted by law. we do not accept or assume iespon&ibility to anyone other than the Charity and ils Trustee, for our audit work, for this report. or tor the opinions we have ftsm8d. kJL Ronan Kilban• for and on behalf of RBK Busingss Advisers Chartered Accountants & Statutory Audit Firm Termini 3 Arkle Road Sandyford Dublin 18 Ireland 23 Septèmb&r 2025 Page13 ST PATRICK'S MISSIONARY SOCIETh UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 310ECE16qBER 2024 Unr•stricted funds 2024 Restricted funds 2024 Totsl funds 2024 Total funds 2023 Note Ineome from: oc￿alKs￿$ and legaaes Charitable activities 1,455,922 60,65B 96,804 17,480 1.552,526 78,138 1,642,856 95,908 3,000 Other income Total Income 1,516,580 114.OB4 1,630,664 1,741,764 Expenditure on: Charitable activities 1,545,773 114.084 1.659,857 2,016,463 Total expenditure 1.645.773 114,084 1,659.857 2,016,463 Net movement in funds 129.1931 129.1931 (274,699J Reconciliation of funds: Total fvnds brought forward Net movement in lunds 17 1,033,727 129,193} 1.033.727 129.1931 1,308,426 (274,699) Total funds carried forward 17 1,004534 1,004,534 1,033, 727 The Stslemenl of Finanaal Aclivities includes all gains and losses reo)gnis6d in the year. Page 14 ST PATRICK'S MISSIONARY SOCIETY UK BALANCE SHEET AS AT 310ECEMBER 2024 2024 2023 Note Flxed assets Tangible assets 12 2,351,187 732, 128 2,351,187 732, 128 Current assets Stocks Debtors due within 1 year Cash at bank and in hand 6,109 16,060 493,682 9,003 11,974 324,454 14 21 515,851 345,431 Creditors.. amounts falling due wlhln one y83r 15 11,862.5041 (43,832) Net current liabilities l assots {1,346,6531 301.599 Total net assets 1,004.534 1.033, 727 Charity funds Rèstricted funds un￿$tr￿ed funds 17 1,004.534 1.033, 72T Totsl fund# 1,004.534 1,033, 727 The financial statèmants were approved and aLthorised for issue by the Trustee and signed on their behaSf by-. Trustee Dale.. 23 September 2025 Page 15 ST PATRICK'S MISSIONARY SOCIETY UK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cash ftows from operating activities Net cash wovidedl {u3ed in) by operating activities 1.855,71)0 {256,479J Cash flows from invg¥ting •¢tivitios Proceeds from the sale of tangible fixed assets Purchase of tangible fixed assets 3,OL 11,686.472 Ngt cash qu$￿ invprovidtyd by inv•stlng actlvltles 11,686.472 3.000 Cash flow5 from financing activities Not cash provlded by ffinanclng activitÈes Change in Cash and cash equival?nts in the year Cash 8nd cash equivalents at the beginning of the year 169.228 1253,4791 577, 933 324,454 cash and cash gquivalgnts at th• ond of th• yèar 493,682 324,454 Page16 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General infomiation These financial ststemenls comprising the Statement of finanGial activities, the Balance sheet, the Statement ol cAsh flows and the rèlated notes constitute the individual financial slalements of St PatficKs Missionary Swety UK for the financial year ended 31 December 2024. St Patrith's Missionary Society UK is 3 Charity registered in the United Kingdom. The registered office ol the Charity is 242 Brooklands Rd, Weybridge, Surrey, United Kingdom, KT13. which is also the principal pla￿ ol business of the Charity. The nature of the Charity's operations and its prinapal activrties are sèt out in the Tru$tee's Report. Currency The financial statements have bèen presentad in l£} Stèrtinu which is also the functional currency of the Charity. Accounting poli¢iw 2.1 Basis of preparation offinancial ststements The finanryal 51alements have been prèpared in accordance with the Charities SORP {FRS 1021- Accounting and Reporting by CharitSes.' Slalement of Recommended Practice applicablè to charities p￿Paring their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Financial Reportiro Standad applicable in the UK and Republic of Iieland IFRS 1021 and the Charities Act 2011. St Patrick's Missionary Society UK meets the definition of a publie benefit entity undef FRS 102. Assets and liabilit165 ale initially recognised al historical cost or tranSa￿lOn value unless otherwse staled in the relavant accounting policy. The significant a￿OUntIng policies a¢loplens 768,121 1.686,472 47.124 69.697 134,720 1.019,662 1.686.472 Al 31 December 2024 1454,593 47,124 69,697 134.720 2,706,134 Depreclatlon At 1 January 2024 Charge for the year 92.172 49,092 33.088 10,527 55,024 2,201 107,2SO 4593 287,534 67,413 At 31 De¢*mber 2024 141,264 43.615 57.22S 111843 354,947 Net book value At 31 December 2024 2.313.329 3.509 12.472 21.877 2,351,187 Al 31 DeGember 2023 675.949 14.036 14,673 27,470 732, 728 13. Stocks 2024 2023 Finisheil goods 6,109 9,003 14. Dèbtorn 2024 2023 Duè ￿thin one year Prepayrnents and accrued incorr 18.060 11,974 16.060 11,974 Page 27 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Creditors: Amounts falling due within one year 2024 2023 Am(trunts owed to related parties PAYEINIC Defe￿ed income - Afri(3 magazing Accruals 1,700.622 1,873 19,617 140A92 2, 154 23,531 18, 147 1.862.504 43,832 16. Defgrred Incomg IAfrica Magazine} 2024 2023 Opening balance Released 23.531 13,9141 28,496 (4,965J Closing balance 19,617 23,531 Page 28 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Ststement of funds Slatgmgrrt of funds - Gurrent year Balance at 31 Oecembor 2024 Balancè at 1 January 2024 Income Expgnditure Unrestricted funds Unre$lri¢teé Funds- all funds 1.033,727 1,516,580 11.545,7731 1,004,534 Restrlcted funds Restri¢aed Funds- all fvnds 114,084 1114.0841 Totsl offunds 1,033,727 1,630.664 11.659.857) 1.004.534 Statsmwl of funds - prior year 88lan¢8 al 31 December 2023 Balance al 1 January 2023 InGome Expendilu Unrestrictsd fi4nd$ General Funds- all funds 7.308.426 1,610, 749 (1,885,448) 1,033,727 Restricted funds Restricted Funds- all funds 131,015 (131,015) Total of funds 7,308,426 1. 747,764 (2,076,463) 1,033, 727 Page 29 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 18. Summary offvThds Summary of funds - currgnt year Balance at 31 December 2024 Balanc• at 1 January 2024 Income Expenditur• Unrestricted funds 1,033,727 1,516,580 {1.545,773 114.084 1114,084 1,004,534 Restricted fijnds 1,033,727 1,830,664 {1,659,857P 1.004.534 Summary offunds . prior year Balan￿ al 31 December 2023 Balanc& al l January 2023 Income Expgnditu Unrestri¢led funds Restricted funds 1,308,426 7,610,749 (1,885.448J 1,033, 727 131.015 (q31.0151 1,308,426 1,741,764 (2,016,463J 1,033, 727 19. Analysis of net assets between fund3 Analysls of net assets betwpBn funds- currgnt pgrfod Unrèstricted funds 2024 Total funds 2024 Tangible fixed assets Current a55ets Creditors due within one year 2.351,187 2,3S1,187 515,851 515,851 11,862,5041 {1,862,S041 Total 1.W4,534 1,004,534 Page 30 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 310ECENBER 2024 19. Analysls of net assets between funds Icontinuedl Analysls of not assets bgtweon funth - prior period Unrestnct8d funds 2023 Tolal funds 2023 Tangible fixed assets Cutrenl assets Creditors due wlhin one year 732, 128 345,431 {43,832J 732, 128 345,431 (43,832J Total 7,033,727 1,033,727 20. Reconciliation of net mov6ment in fvnds to net Gash flowfrom operating a¢livitig$ 2024 2023 Net {1033llincome for the year las per Statement of Financial Activitie3) 129,193) (274.699) Adju8tm8nts for: Depreryalion charges Gain on disposal of tangible fixed assets Decreaselllncreasel in stocks {In(xeasel in debtors Incre3sel{Decreasel in creditors {Decrexsel in deferred income 67,413 34,Q72 {3,￿0) (457) (5,343) (2.087) (4,965) 2,894 14.0871 1.822.587 13.9141 Net cash {us•d inllprovldod by operating activities 1.85S.700 (256,479) 21. Analysis of cash at bank and In hand 2024 2023 Cash at bank and in haThJ 493,682 324.454 Total cash and cash equivalents 493,682 324.454 Page 31 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 22. Analys￿ of chang08 In net dèbt At1 Jgnuary 2024 Cash flows At31 Docomber 2024 New finance loan Cash al bank and in hand Debt due within 1 year 324,454 169,228 493,682 (1.700,6221 11,71JO,6221 324,454 169,228 {1.700,6221 11,206,940) 23. Contlngent Ilabllltles There we¥e no contingent liabilib.es as al 31 December 2024. Capital commitments The￿ were no caprtal commitments as at 31 December 2024. Page 32 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2024 Relatgd party trnnsactions St Patri¢k's Intsrnatlonal Incorporatsd Directors Fr. Richard Filima, Fr. Patrick Esekon, Fr. John Cremin and Fr. Raphael Mwenda ot St Patrick's Missionary Souety Trustee Limited (who is sole Tiuslee gf St P8tti¢k's Missionary Soryety UKI, are also Directors of St Patrick's Intemational Ino)rporated. A8 al 31st tlecember 2024, £1,700.62212023." £NILI 1$ due to St. Patrid('s International Incorporatad. St Patrick's Missionary Society Ireland Fr. Richard Filima. Fr. John Cremin and Fr. Jcthn Marren are also Trustees of St. Palri¢k's MIss￿nary Society Ireland. During the year St Patrick's Missionary SocAety UK transferred the following amount to St Patrick's Missionary Society Ireland.. £1,050.000 for the S￿r￿US transfer {2023'. £Nill £12,631 forthe Africa magainè12023.' £16,571) £94,525 for the speafic donations £450 for rnasses12023.. £Nill £16.897 to refund expenditure incutyed by St. Patrid('5 Missionary Soeiety Ireland on behalf of St Patrick's Missionary Society Scotland12023'. £4,9601- During the year St. Patrick's Missionary Soaety Ireland transferred £615 to St Pairick's Missionary Society UK for donations r￿£￿ed on ivs behall12023.' £Nil). During the year St. Patrick Mi55ionary Society Iieland tsansferred £Nil lo Sl Palri¢k'5 Missionary UK lor expenditure incurred on ivs behalf12023'. £57,650). St. Patrick's f&li55ion3ry So¢iety Scotland Sl Patrick's Missionary Society Trustee Limited is the sole Trustee of both Sl Patrick's Missionary Society Scotland and St Patrick's Missionary Soryety UK. During the year St Patrick's Missionary Society Scotland transfe￿e￿ £8,75312023'. £8.1861 to St Patrick's Missionary Society UK lo refund expènditura incurrgd on its behalf. During the year St. Patrick's Missionary Soeièty Scotland transferred £2,514 to Sl Patrick's Mission¥y Society UK for donations received on ifs behalf12023.. £Nill. During the year Sl. P*rf¢k's Mi$$ionary Society UK Iran¥ferrod £220 12023.. £2901 to St Patrtd('s Missionary Society Scolland to iefund expenditure incurred on 113 behaLI. At 31 sl D¢¢xmber 2024, £514 was owed by St Patric￿$ Missionary Society Scotlxnd to St Patrid('s Missionary Society UK12023.' £1,313). At 31st December 2024. £250 was duè by St Patrick's Missionary Soaety UK to Sl Patrick's ScotlaThJ 12023.. £Nill. 26. Post balaTrco $h¢¢t events The charity sold the premi#es at 20 Beauchamp Road, Ea$1 Molesey, Surrey post year end. Page 33 ST PATRICK'S MISSIONARY SOCIETY UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 27. Approval of financlal statrments The Tluslee approved these financial stslemenls and aulhorised them for issue on 23 September 2025. Page 34