DUCHESNE TRUST cHAR￿y REGI￿RATION NUMBER 288467 ANNUAL REPORT 2023 JAfL' ii':Int to IllL1k'L' a geniiine effoi't to l)I'ins iiboiit 12 iiiol-e jLlSt disti'ibiition of the iioi'ld's i'esoiii'ces. in solidcli'ih- ii'ith .211 ii-ho siifter. 'e l)iiild c.oiniiiiinioii iiitli theni bi- settiiiu <15icle Diii. ()ii-ii intL'I-e.%ts, bi- gii"iiig, ii"ithoiit seekiiig Feii'1& rd ui- g1¢ in. l)i' sharii)g 7¢ t ei"ern' lei'el in the Societl. ,2nd bi. depi-ii'in.g oui'seli'es for thv benefit of those ii'lio are in need of ei-onihiiig. Reference and admlnlstratlve detaSls of the Group.................-...................-.-........... Trustees, report Sncludlng strate0¢ report......................-............................................ ststement of trustees. responslbllltles.....................................................-.......-.......... Independent auditor's report to the trustees of Duchesne TrusL............................... 45 50 Financlal statemerrt&........................................-.................................................. ....... Notes to the financlal statements.... REGWEDOFFKE BNY Mellon w￿1th Management 200 Part( Avenue New YorK NY 10186 United Stat8s OfAJn￿Ca 9 B￿eGardenS London W6 7DR Tel.. 0208 7414688 Credit Suw IUKI Llmtt Caboi Squafe London E14 4QJ Maria Georglna Zubiri8 Maqueo Emall.. e¢on8en•rscJroma.org Wgbslte: vhvw.rsc4intematlonal.OTg Goklman Sachs Internatic￿oI River Court 120 Heth Street Lcndon EC4A 28E TrusrEFS Investoc Weath & Investm8nt Llml 30 Gresham Street London EC2V 7QN Slster Barbar• Dawsc•). Chalr Slster ma￿￿jeanne Elon Slster Monica Esqulvel Slstèr Marfa Georwn8 ZU￿rte M8queo Sister Cetherlne L Sister Anne M8rie Lwla C￿ry S¢hrodets & Co Limited (Cazon￿l 12 MwKato London EC2R6DA Charlr16s Propwty Fund S8wll$ Investment M8n8iement 33 Margaret Stre•i, London WIG OJD AuDrroRS Haines W8tt4 Ch•rtefed Accounlgnts Old Station Hou86 Statlon Approach NewFkn Street Swindon SNI 3DU CusroDIAN BNY Mell¢)n Wealth Management 160 Queen Wictorfa Street 6th Fl London EC4V 4LI NANC[ALAD￿SoR M8rk Freeman & Asso¢l81 71-75 Sheldon sireet Covent Garden Londcn WC2H 9JQ P.-PJP.I ,1 ND A=P=IIIJTS AT 31,'1", TRu￿EFS, REPORT INCLUDING sfRATEGIC REPOI The trustees present thelr report and the audtted financial statemerts of the group for the period ended 31 December 2023. The trustees have adopted the provisions of the ststement of Recommended Practice (SORP) "Accounting and Reporting by Charities. IFRS 102) In preparlng the annual report and financial statements of the group. The fSn8n¢lal statements have been prepared In accordance wlth the accounting policies set out In notes to the accounts and ¢ompty with the charws goveming document, the Charities Act 2011 and Accounting and Reportlng by Charlties: Ststement of Recommended Practice applicable to charlties preparing their 8¢counts in accordance th the Flnanclal Repo￿ng Stsndard applicable In the UK and Republlc of Ireland. OUR PURPOSE To promote the charitable work carried out or supported by the Inembers of the Romaii Catholic Religious Order. the Society of the Sacred Heart Implement the process of reorganlzaiion of thp Society's membership and Its public benefit activities through 4 apostolic prforities.. Education. JPIC (Justlce, Peace and Integrity of Creation), Spirrtuality and Fomiation of rellViOUS and lay people. (OBJEcrs) ANDPURPOSE The Duchesne Trust (the Trust) is ￿gUlated by a Trust Deed dated 14 December 1983. The Trust is re@'stered wlth the Charity Commission for England and Wales - Charity Registsation No: 288467. Af,XL,AL P-POTrT AND,4CCOUNTS AT 31112/20?- ()ii.ii.'I"I'll-l..5.-LN I) S-I'IL-I I'I.-,{' 11... PRW4(YPPL Ath4S The trustees of the ￿j¢heSne Tr￿t alm to prom¢Xe the crAffta￿o worl( carrkd out or 8UPPOrted by tho members of the Roman Cathollc RelI￿OU8 Order. the Socl8ty of the Sacred Heart. When setting the objectives and planning the work of the charlty for the year, the tNstees have ¢ork8idered the Charity Commission's general guidance on public benefit and in partlcular to its supplementsry guidance on the advancement of religion. CHARffABLE OBJECMVE The Trust exists to promote any of the charltable work5 Carried out, or supported by. the Roman Catholic Relioous CongreEatSon known as the Society of the Sacred Heart (the Society). Specifically, it funds activities assoclate(I wlth: The wortdwide administration of the So¢iety, through members of the Generalate supportlng pro￿nceS and ¢ommunrties of the congrega￿On. In order to provide leader5hlp and to strengthen the charlsm and ethos of the group; The admlnlstratlon of a fund for solldarlty. where projects Involvlng members of the Congregation support and educate vulnerable groups who live in poverty. Thls is often directed towards health Ispeclal needs and HIV/AIDSI, youth and education. people on the move. and children and women in wlnerable sltuatlons; The administration ¢)f a fund, approved by the trustees. set up to facilitate the malntenance of heritsge assets wlthln the Society of the Sacred HearL Specifically. the hentage propertles are located in Joigny. France. Grand Coteau In the Unlted Ststes of Amerlca. and In Rome. Italy. The administratlon of a fund whl¢h wlll ensure the sustslnabillty of the Ilfe and mlssion of the Society into the future and which. for some provlnces, Is already necessrty to support their own costs for formation. international activities, eldercare or capital projects. SHORTTERM STRATEQIES During 2023 the Duchesne TrusL while ￿ntInuing to support the charitable activities of the members in a worldwide context. began a complex process of intemal reorganisation that will Involve the creation of el￿t territorial entities grouping the current Provinces. The govemance of the new entltles will be defined as soon as the functions assigned to each one are establthed, both as individual entltles and for thelr cooperation. 4NN.J.4L REPOR T A4JD.ACCOL TrJTS AT 31/IL,'20?3 ()ii.ii..(.' I'Ji-i.-.S.INI) S I ILI-I'I--IFII,S The trustees, with the collaboration of the Irrternational PlanrAng Commission of the So¢lety, have estsbllshed that the Tru*$ a¢tivitses must be orlented towards strengthening four Apostolic Priorities: Education JPIC {Justice. Peace. Integrity of Creation) Spirituality Formation of religjous and lay people LCWG TERM s￿lEGlE3 In the long terin. the Duchesne Tr￿st wlll contlnue to support the charitsble actlvitles of the members of the Society. Until the end of their mandate in 2024. the current leadership team will contlnue to work on Implementlng the declslons of the General Chaptsr 2016. and those of the Special General Ch8Ptsr in 2021 as developed by the Internatlon81 Plannlng Commlssion of the Society and the Assembly of Provtncla15. In detsll: Revitallze our sense of mlsslon In the worfd today Generate a process of reflection and systematization of each of the apostollc priorities Work on the definltlon of each ap(6toll¢ prlorlty Explore how to implement these apostolic prioritles and thelrfuncttoning wRh the new organisation See how to coordlnate these aposto15c prforltles at an Intematlonal level In the context of potentlal entitres and/orwith other entitles, plan meetlngs work- team meetings. and meetings regarding the articulation of apostolic prior￿8$ Implementing training in leade￿ip. change managemenL financial. and intercultural competency Look Into the flnanclal and legal management and implications ANI'.LIAi REPOR T 4ND ACCOUINTS AT 31/1? 12023 The trustees have the final respon%bility for the poli¢ies. activities and assets of the Trust They meet at least annually to revlew developments with regard to the Trust and to make significant deCi￿Ons. The da￿t0418Y management of the Trust's act[v￿leS and the impleMents￿On of poll¢les are delegated to: the trustees who are nominated by the Superior General. the appropriate senlor staff of the Society. The trustees who served during the year are shown on page 3. New trustees are appointed by the Sup8rlor General under Clause 14 of the Trust Deed. There shall at no tlme be fewer than four tr￿SteeS who shall be members of the Intemational Congregation. All new trustees are tsken through a prcws of maklng them aware of thelr responslbllities as trustees of a UK Chaffty as well as what it means to be a trustee by fellow trustees that are on the Board of Trustee& The admInIstra￿an of the Trust Is done on 8 voluntary basks by members of the Society of the Sacred Heart The trustees wlsh to record their appreclatlon of thls work. RELEVAKr PouaFS DoNA7K)NSAND GRANT MAKING PCiICY Durlng the 12 months to 31 December 2023 funds have been used to further support the charitable works that are partlculath relevdnt to the work of educatlon and soclal Justice. The crfteria for the use of these fu￿ are that the work undertaken or supported must demonstrate a commttment to". promots Justice In fatth and the welfare of the deprived and marginalised: promote the welfare of young people. enable the dlsadvantaged to become self4elianL" education in both formal and informal context& support vulnerable people in emergen¢y Context (V•Brs, pandemics, natural disasters) A'IKUAL REPCR T IND ACCOUI',TS AT 3111212023 Ri.:i.i.-I'..th I. Pi)i.11-11.:s The trustees are assessing the major risks to whlch the group Is exposed durlng 2023. in particularthose relatlnEto the spectfic operational ar￿￿ of the group. its investments and its finances. The trustees believe that by monrtorfng resetve levels. by ensuring controls existover key financial s>Etems. and by examiningthe operational and business rfsks faced by the group. they have establlshed effective $￿ems to mitigate those risks. RESERVES F4XICY The trustees have examlned the requlrement for free reseNes, l.e. those unrestrt¢ted funds not invested in tangible fixed assets. The trustees Consider that Oven the nature of the group's work and Its abllty to satisfyfuture Ilabiltbes as they fall due that there Is no need for addrtlonal free re5erve& At the year4nd about £70 mlllion are held In (iesignated funds. Further details of these are sèt out In note 12. INVESTMENr Pcu The group has totsl flxe(18sset investments of e178 mlllion as at 31 December 2023 12022: e164 mllllons). During 2023 the Investment pollcy and investment managers were reviewed and the Trust maintsined the strategy In Ilne With Its Current and future requirements and adopted the investment objectlves as ststed: The prlmary focus will be to preserve the real eapltal value of the funds recelved over 10 year& The basis of Inflatlon is set out later. To generats cash of $4 mlllion per annum. Achleve a long term return, 10 year, net of all ¢harges, of 0.5% to 1% per annum, above infiation. Due to the nature of where the Society operates and undertakes its work. the definltion of inflation is defined as the average rate of Inflation In the Unlted Ststes of Amerlca as deflned by the "Consumer Price Index" over the past 2 years. All expendtture of the Generalate and those provln¢es that will require assistsnce in the next five years will be translated to USD at the tlme of the request for funding so that the exchange rates w511 nonnallse the level of inflation In those ￿UntrIeS. The above Investment p(Alcy came into place on the l July 2011 and revised in 2016. 2020 and 2023. The results for the past 12 months to 31 December 2023, indicate that the objectlves have been met and since inception all objectives have been achieved. In 2021. the Trust reviewed the investment stvategy to ensure that it remained appropriate after Covid. In November 2022. in a context of economic and political uncertainties arising from Russla's Invaslon of Ukralne, together with a spike in inflation, the Trust agaln revlewed the investment Strat￿ and confirined that it would need ANI'JU4L REPOR-; AKD AfcGUK-: S AT 31/1£1 202J real return more than 65% per annum to meet ¢ash flow requirements and preserve eapltal. The T￿￿t also reviewed the asset allo￿tIOn and made no ¢hanges. A designated representative of the trustees meets formally wth the Investment advlsor and the fund managerstwice a year. This designated represenLgtive and the investment advisor meets regularly and communlcates as and when required throughout the year. In keeping with charity law, the investment strategy is to maximlse total retums. Income and capitsl, within acceptable levels of rislL The Investmerts have restrictions placed upon them as to the type of Investments that the Trust would or would not want to Invest In. The ethical inveslment policy was revlewed during the year and appropriate changes were made also conslderlng the changing Investment environmenL Speclflcalty the Trust seeks to invest in companies wthich: M8ke a posttive contribution to society Conserve enew and natural resour¢es Have high employee welfare and equal opportunltles records Provlde hlgh quallty products and serrfices of long tem benefft to the ¢ommunlty The Trust would not wish to invest In Companies which: Produce and distribute arms. landmlnes and olher products whlch destroy Ilfe Produce and distribute pornographic material Engage in irresponsible environmentsl practlces Actlvety support govemmental regimes with oppressNe human rights policies The Trust has al80 developed addllonal ethlcal pollcles where ft felt further guidance and understsnding is required due to the complex nature of the type of companies or global investm8nts it Invests in. No ethical restrlctlons apply other than those set out above, atthough the Trustees reserves the right to exclude any investrnents In companies whose representation might prove damagin& dlrectly or indirectly, to the purposes or reputstion of the group. ATrI% L14L REPuP,T AIID.4CCOL,NTS AT 31/12,'2023 A summary of the yearfs results for the group Can be found on page 50 of the attached accounts. For the period of 12 months ending 31 December 2023: the economic result was e 10 mlllion (2022 - &14 mllllon) comprlslng malnly donatlons and investment income; total expenditure amounted to É 7 million12022-e6 mlllSon) of whSch £6 mllllon {2022 - e5 million) ¢omprised donations to the Society of the Sacred Heart intemationally. FINANu￿ posmoN The balance sheetshows total reseNes as at 31 December 2023 of e 143 mllllon {2022 - e133 million). THE GR(￿1P's PSSETS Acquisitions and disposals of fixed assets duringthe year are recorded in the note to the accounts. AF,I'.4L R"-FC,F.T.4IID AcfoL'NTS A", 311 12120?3 io ()I'i< l.11.-i.'.INI)11.Jissii)11 DUCHESN'E TRUS"I" C.H.4RIT.IBI,F. PRO,Jr.crs INryTOT.IryNTC, ITr.ThTBER8.4ND fRTf.N'T). 111()tlier IIousL .%()liclcli'its" fiiiid (kne of the key Instruments by vthlch the Soclety of the Sacred Heart carTies out Its charltable work in tsvor of the most vulnerable ¢ommunities and peoples ts the"Mother House Solldarlty Fund". Through thls fund, the Soclety provldes funding to projects around the world. following the calls of both Chapter 2008 and Chapter 2016 to Ilvejustice, peace. and the Integrlty of creation in our wortd today. The fund Is stewarded from the Generalate, through the Solidarity Fund Commission. accordlng to published criteria. We are grateful that five experienced RSCJ have agreed to share thelr tlme arKI expertise to serve on this commlsslon for an initial three•year temi: Yuka Ants (Phlllppines Dlstrict), Pratlbha Hnto {Indla). Sofia Baranda (Chllel, Resty Nalubega iuganda-Kenya) and Fatima SantslfA)&8orlo (Spain). The commlsslon Is asslsted in the evaluation of the projects by Yolanda Jimenez Delgado. from the Flnance Offlce of the Soclety. In 2023, the Mother House Solldarlty Fund (MHSF) allocated 28 grants. The Region of Africa received 11 grants, the Region of AslaAustrali&New Zealand {from now on "ASIANZ"15, Europe 4 and the Region of the American contlnent (from now on 'PhSllpplne Duchesne'l 8 grants. The projects, which are currently ongoing, focus on the spheres of health, youth and education. people on the move and, children and women in vulnerable sttuatlons. In September 2023, projects submltted and financed In 2022 were evaluated. The Mother House Solidarity Fund {MHSF> supported 19 projects in the regions of Africa (7). Asl&4u*ralla-New Zealand - ASIANZ12). American Continent- Phlllpplne Duchesne (61 and Europe (41. Here are the results of these wdect& AliKL4L REJOPT A*ID AC:OUIITS AT il,IL212023 li Africa | EGYFf, Samalout Development ofelwesfor handteopped odults i Na8wa Farban r8Ci Development of classes for handlcapped adults addres￿1 a group of 16 apd I(￿25 yea old wrth dlsabllltie5. The Samalout ￿ntre originalty set for small chiljren needed to reorganlse/extend its premises and rewnsldef Its cuniculum to respond to the needs of hs grown hosts. The project engaged in works of constructton and renovation that offered new spaces for educational activittes for tts target group. The new kitchen has been central in the tsaching the target group dalty chores that they now also reproduce autonomousty In theSr home5. Thanks to the neat garden and the new outdoor pkyground, the proprt partlcipants enjoy more freedom in their movement and present a better capacty In thelr phy51(al actlons. AThJ. the Montessorl toys have sttmulated t￿lf academlc 5klll& Th8 partlclpants feel they are IMP￿￿nI for It 55 thelr responslblllty to attend thelr classes, and people show care for them. Thelr teachers have grown thelr Interest In Ihe spe¢lal need pernon development and atteThled tr8lnlng to better respjnd to their needs. Wlth the renewed dynamlsm of the Samalout eentre the Image of ns hc*t has shlfied fr¢)rn people with dlsabllitles to per8oni wrih entsgement, CTeativity and interactfve. Famity's engagement .tron sk:-'I hk1rlen￿1ics AK 4LAL P--PORT AND AC=OUNI-.S AT 31112,'20?3 12 Afrita | DEM. REP. CONGO. Kipakn Support to thefvrniotion of50 Students of the Ly(*efwko With Ilmmed economlc fesourix, parents are unable to pay for twr ¢hlhJren's s¢hocq fees, Ff so. Usual￿ zet the upper hand. (M￿-sCh(%)I gsrfs become a tsrget for ear￿ marrlages 8nd pregnancles. The project ensured that SO Th)n-boarding girts completed thelr academlc year. The girfs malntsined o full engagement In thelr studles with peace in mind. New and functk)ning ￿gOgICal and ￿ equipment was available for tholr educatlon; kn18ant b&sic IT skills (Word and Excel offk*. internet browsetsl. The school enwronment also Provided extra ¢urrfcula actlvrties to boost a modem and cultural envlronment that enhanced the Students learnlngg and nurtured thelr curk)slty. Students tcrf)k thelr final exams and achleved natlonal quallflcatlon. The girls showed ￿3F￿)nSIbIlIty In thelr studles arrfl an In¢rea3e In Independence. Eaty Pfegnan¢6es and droFQUt diminlshed. Classroom Africa I IfHAD, N'DiameDa Morylnalised Wome￿ children and abandonedyouth victims ofp)verty and violence Juliette N'guémta Nakoye r8Ci In the prlson of Klessoum (l￿adI condlllons are pcy)r. cnnvl¢ts, In partl¢ular women with their Chlklren, are often marginalised and their famllles tend to dtgregard them. Hearth and hyg￿fie are not guaranteed. By respondlng to the health needs of 100 convict women and their children Isuppty of medlcine and medical attention). the project managed to limit spread of disease. It aLw supplied food that strengthen their immum $￿tem. Folh)wng massive riots in the county120/10120221. ac£ess to theiail premises be¢ame strlcter and Some of the plan￿1 actiwties weTe Ilmited (hygiene awareness ralsSng and Ilter8Cy actlvitiesl. The stem desttnatlon were reall￿ated. the one of awareness raislng activttles decreased while the liem ￿ legal feeg IrK¥eased. No plcture In wtson Af,NL4L R-POPT 410 4-. COUNTS AT 31112,'2023 Africa l UGANDL Ka]UDSU Improvement oflrfe skill. At Kalungu Tr￿TrIng C*ntre (Kfflf) Se£ondina Baiiwababo rsci The Uganda sch(d currlcula focused mainty on academ￿ teachln& kavlng aslde hands4Jn skills. Graduated students, job hunttng was much Ilmlted to white collarJoLKs. At the Kalungu Gld Tralnlng Centre IKGTC). students mainty come from rural areas, whose parents could not afford hltser ed￿atIon fees. and where offlce 59 Ilitle. The project offered the KGTC currlculum a versatile aspect In strengtheninyiirtludlng unlts of ha￿1&0￿ skllls lagrl¢ulturn. sewin& bakery. home economti} and flnanclal Imeracy. They tthl8ht 20 sethng machlnes, sewlng materlal. and seeds. Indirecty. the project also approgched the Issues of care of the envlronment fostsrlng the use of brlquettes and the students. nulrlilonal Intske w6th the harvest of the agricultural practlcal unlL Students are not 8nymore limlied to white ¢olhrJobs but equipped wtth skllls wRh whom they can eam their INingthrough seifnwng and carfngfor each other aThJ the common good. Lunch tirne IVelcominR food Food dlrirlbuiiLln ooujmvai 4'1I;LI4L REPOPT AID AC-QL%ITS AT 31/12,.'2023 15 Ui'K Lii.'i.:,IN'i) M Issii). Africa | UGAND& Karamoj4 Naoi I SCI￿01 ofLrfeprojectl Su8an Gertrll￿ Anyango rsei Followlng the Colld pandemk. the HIV/IJDS affe¢ted/lnfe¢ted ehlldren of SelK￿l of Ufe app8ared legs motivated toward8 thelr future. A higher number of school dropwts was reglstered and Its consequen¢es learfy p￿gnanCIeS. forced martsge& steetlsm. faml]y vlolencel. The prOj￿l ensured a genuine settlng of the chiklren in the school environment Pro￿￿1ng educational material. indmdual follow up home and school Mslts and extra tutorfng durlng holklay tern￿ Icareer guidance}. It also guaranteed o regular dlgtto them. Besides, tt fostered a strongef engagemenl of parents kn thelr chlldren's educallon Iparents and teacher meetings). Children felt loved and cared by both ty the schC￿ and thelr fam1168s. Motlvatlon prevalled 3NI eagerness of leaming for the future thrfrnd: school dropouis were Ilmlted and a￿deMiC perfomionce maintalned an average le5￿. In addltk)n. thelr health appeared to keep stsble. The well-being of the HIV/AIDS affected/lnfected chlldren of Schcol of Ufo was also IndSre¢tty ts¢kled with awareness raising in elght nearty schools agalnst thelr 8ugmatlsatlon. Hijl L'3V C?duhing CareerÈuo8nce .Supptyschool rnaierwls P&rents Meeting ANI%lL4L REPOPT A'ID ACfOL NTS AT 31/: 21 LO?3 16 ()I'i< 1.1 i.'i...IN i) Issi()N AsiaDZ | INDW Mumba4 Sopbia P0]YtecTr￿IC atml SPJ Sadhana Scbool I Counsellingforstudents qffected by Covid 19 | Pratibba Pinto r8Ci Coun8elllng forstthts affected ty Crydld 19 addressed 21K) puplb and $tudents wlth $pgclal educ4llon81 needs Ifxrebral patsy. eplleFW. Spgech. hearfng and/or ImpalrmenL postiovld ¢haikngedl that were to resume a fa￿￿a¢e s¢hoolingafter the pandemlc. The tsrget group and th￿r families felt OVe￿helMed with the new routine. The project run weekty and cttaslonal Indr¥ldual and group sessh)n of thernpy (musk, dance. pla￿Trg). talktherapy. storylellln& and rnlndfulw Iprth to brlng attentlon lo the present mom6ntl. Paffjnts attended ¢onferences on c￿r safety and cyber bultyln& and on the physl¢al development and sexuallty otthelr chlldren. The ￿Ung partlclpants now show ￿)cIal obllttles to regulale ttrdr anger aNI anxlety. dlsFday fbxlblllty In thelr attftudes and enthu$lasm In thelr dolngs and folk￿ rouunes wmhout IndI￿dual SnstructSon& In oddition. parents express trust and C(￿peratIOn wlth school staff,. they show Interest In thelr chSldren development and have now the Skllb to engage in Creatlve acllwties w5th them. And t¢a¢hers wn n¢yw ¢ommon strategies to deal wlth target behavior In a cOn￿Stent manner 8cross the schcol. Fun prv¥8ib in the Xhcd, fun In leamlng and fun In togchl Gèm of bloeks foratt•ntkn) ke•ph¥ Er)joyAngmuslc .,LIAL REPOOT AID A:"OUIIT5 AT 31.'12,'2023 17 ()I:,K Lii,-&.-.,L% l) LIqIss1(IN Asianz | PHILtPPlNFS, Samar. Sophie'8 Farm Post-Pandemi¢PsyehologicalTrYrstAidandPost-Elections MoralReeow ProgronLs L dia Q>llado Following the (xwid pandemlc and the p￿t￿e¢t￿ landslide win of the 50n of the ousted dictstor of the Phillpplne& rK)pulatlon feli desperatlon and fear. The Mornl Recovery Program ortsnlsed Ilve-ln seminars for a varfety of wbll¢ Ilocal populatlon. unl¥erslty students. reiigbus, forn￿1 f￿hters, government c￿r￿8) Whe￿ past experlences and realltles were reviewed and discemed ovef In d6fferent modul* Partlclpants achleN•d ater awareness of what tho1 went through. drew stren&h from wiihin. and leamt to a¢¢ept their limliations. groups. the power of communlty emerged and trust and Openne￿ prevailed for the Participants experIen￿ ¢lr¢ul8r relatlonshlps on equal Sharlng of power and respon3lbllltl* towards each other and towards the care of the envlronmenL The transfonnallon led to the aul0nryno￿ ￿plICatIOn of the semlnars In small grou￿ In the partklponts. k*al realrtlas. Rolatlon w ill nd:, Handout Cover pago Sès51on Oy the Group picture 411 I::L4L REPORT AND ACCOLIXTS AT 31112:'20?3 ()i'ii LIi,'i.:.LS 1) TrII.SST(I Europe | SPAIN, Barcelona, Rava] Economato solidario e intsgrncion labornl depersonas migrantes I Delkn Ugarte The Raval {Barc•lona) neighbourhorxd has a percents88 of undocumented migrants. homele&s people and high Unernpky￿ent numbers. Marginallsation has Increased followlng the pandemic and the current infiation: tslr needs have amplIf￿. in partl¢ular b8si¢ fc¥xl. The project resFX)nded the food needs In an hollstlc way. Includlng elements of Immigratlon formalities, empluymenL accommodatlon, and Iles. In the s￿la1 gr￿ery (wrth a token ¥yStem). on a weekly b888. users were free to buythe fcA)d they b￿t Ilked1Sn¢ludlng toSletrles and cleanlng products). Thelr food Shopplng was also 8 time where they Could share wlth the Shop a5sl8tant (read It 80clal worker) any other needs than lo￿1. About 1.400 people ¢alled upon for their food needs. 10 undocumented migrants were asslsted In the application and 18suSng of thelr resldent penniL and slgnature of a Onfr￿ar work ttJntracL Emphasts was also put on the healthy use of the food available at the grocery lexplrlng date. d￿ferent wayg of cx)oking) when users were Invtted to (yx)king Worksho￿ In thelr stopover to the soclal grocery and their participation at the worksho￿. the b8r)eficlarles had a charKe to Improve Ihelr Spanish $kills, maintsln •n healthy dlet and made frlends to help them overcome nellness arKI E801atlon. So¢lalgroc6ry Cooking W0￿shOp FOOdShopping•t l￿8￿￿8¥￿ty All TrNILAL P-POR T llKID ACCOUNTS AT 31/121 2023 19 ()[', li Lii,'i.: .,INI) Mis.%ii)N Europe | SPAIN, Madrid TetuaD Fonnacion téenicowra la i￿Se￿￿"on y elautoempleo | Dolores Aleixandre rsei Tetuan (Madrid) is a neighbourhc(rfl wtlh 31% of migrant population. with pwr education, Ilttle profeS￿onal tralnlng and no stea(tyJob. Its powlation shows unfamlliarty wlth the Unde￿tandIng of the l¢xal labcAi and how to ￿ IL Job hunlng k often Ilmtted to thelr network of ¢C￿taCts generating dynamts of interdepgndenc•. The proJ￿l organi8ed 5 tralnlng courses lelectrlcty/plumbin& and tsibring), InclLKllng skllis foriob hunting Ipreparatlon of CV and intsNtew mock up). to whlch a totsl of 55 persons attended. Partlclpants Increased their professional skllls and thelr professKJnal horizlors15 of the partklpants slgned a work contract and/or set self*mpltyment). increased Ihelr confldence and relled less on thelr ¢ontact& INIUAaoNA E￿/pl(￿bIftK COUfsepxr•r EJec1ri￿r1YIpiLffl￿I .£ cotrrse T8Jtonn8 cyJurne 44INLAL REPOR T AID ACCCLNIS AT 31112..'2023 20 Europe | POLAND, Tarnow Back to school and lifr l Boguslawa Ochal wi Computefs have become indispensable in sthcds, and even more following pandemic when online teaching took over. During the bckdown. the school lent its computers to students to have them attend onllne teachin& Computers been overused showed ￿hnICal Ssgue8 that IlmW students to cx)mplets thelr tssks brlnSng dlscouragemenL The proJ9Ct bought new laptops and a digiial whiteboard. Teachers run awaren￿ courses on internet chall8nge& The new IT equipment brought noticeable changes in pupils. attitudes and skills. They become famlllar wtlh software for presentatlons and ￿e0 mak•n& showed abllty to search selectlve onllne dats. And. they presented stronger self-c0nf￿ence and open mlnd to new encounters. They partidwed In thè onllne JF4C contest and two puplls reached the 111 and 2M position. Ll Ir ¥':.nilcboaro s¢ioi? on a,woricn AS11..4L F,-POPT 4XD ACCOL I-. S.4T 31/i2120?3 21 ()i'ii Li I,'l.:.,LN l) Ptr115SII)N Europe I POIAND, Marki Go on, butterfiy | Urszu]a Glowacka rsci Go on, butterfy addressed o group of yfyjth and adults attending the Open Heart Foundatk)n that manwested social concems {dysfunctional familw alcoholism. depression. soclal anxiety. suiclde attempts). From August to the end of Nohpmbor 2022. tt run therapeutlc and skll&bullding workshops lart-therapy. seff4e￿enl rna￿￿p. tslloring). organised volunteeilng actlvltles and ¢on¢luded wlth a fashlort catwalk wblic event to dis&4ay the fashlon garments that the tsrget group designed and custoM￿ed180 guests). The 12 adults and 43 wirth Involved In the project feel now a posltTrt image of thernSe￿, and selze the Importan¢e to presence a Car￿1 and welwmed appearance to Introduce themselve5 In soclety/emplownenL They have built interpersonal relatklnships aMc￿l the partlclpants and outside. Capa¢tywi$e. these youth and adutts hove acquired new professSonal and organlsatlonal sklM& Professlonalty they have a￿u[led tsllorlng skllls lund8r5tsnd It a150 as creatlvltyl and have nollons ¢)n how the fashlon {rKI￿ty dethjps. Tlw have shown to percefve the value of work and ¢ommltm¢nt and ar6 able to sort oui thtrlr reswnslbllrtles. The publlc hand clapping at the flnal event w8$ ￿ chery on the top for the larget group. SILA MOTYLA P•rtlclpanLt exhlbltlng thelr fasftbn (*sign F•shlon ownt ￿t￿r . %iIL4L REPOR T AiiD AfCOJ'ITS AT 31112,.'2023 22 Philippine Duehesne l ATr￿, Haiti, Balan Book andstationery shop l Marta Nunez Rufz T￿i Vlolence & hlgkn In Haili and prevents free movement. it is a dangerfor parents to travel to the nearty town to pUrch￿e Stat￿ary 8nd texi bcrt)k for their chlldren's SCh￿l￿n& The prokt drove to the Domlnkan Rewbllc lo purchase ststlonery and rnana￿ to travel to Port4u-Prince to buy a part of the text books. The proJe(a o￿ned a book and statlonery shop wlthln the xhool. Wlthcxrt Incurrlng In rlsky trlwq, and at a cheaper price, parents could buy the needed matsrfals for thelr chlldren to attend sch(yJl and enjoy a Stra￿tIOr￿8rd learnln& The photrtopler has been a 8￿cesS for all the local populatton and Ms Income has helped paylni the tsa¢hers' salary. SlalioneTy APIN,LAL P.-POR T 4iND AfcoL.Tr,TS IT311121?023 23 ()i'ii Lii'k. ILNI)1¥11sSI().N Phi]ippine Duchesne l ARU, Asentina, Villa JardSn AprendUql￿ en lapostpandemia de una escuela en nuwimiento | Sikn Gon7Akz rsci Followlng the Covld pandemic, teaching meth+Jds have had to r￿rganiSe lon1￿e. soclal di5tsn¢ing and outdryJr5}. This projec( set In a deprNed neighLyJurhocMI in the suburb of the eapttal, strengthened the sclvjol oTrstte teachlng wlth new IT devlces. a tschnology room and adjustments In thelr Mult￿pUTposes ffJom (better acdimatlsation and li8htenlngTr. Outdoor actlvttles were relnforced wlth new green Spa￿ and the embellishmeni and adaptsilon of the s¢hool sp)rt ground. The xhool cornmunmy eniw now ouidoor spaces Whe￿ feel secure (wire mesh) and where the PE unit ¢an be tsught adequatety. Embellishlngtogether the v)mmon spaces has Increased the sense of communlty among tre students a¢ross levels. The new outdoor sp￿￿ ha* In 8ddliion led to a belter orlng of our Common home and an ethlc of carln& The new ￿ equlpment provlded the school wth a nowadays indispensable tool for a qualty education of its students and a door to thelr future. It promoted knowWge and genera￿ 8ocLg1 equlty. JAV reehnology foom fora qualityedueation A￿,￿LAl REP=RT IND ACCQLNTS AT 31j 12,'2023 24 ()i', li I,11.-l.;.LN l) 11 Is%ii) Ph11 ippine Du¢h¢8ne | ARU. Uruguay. P&w CaTra Meiora y actuaiizacion de lapropu&sto educatit￿p0￿ todos los ninos, ninas y adolescentes dd Cole io del Sa rado Corazon Silvia GonyAlez rsc A8 8 result of the economlc crfsls caused tythe pandeffl￿. the vulnerable flnanclal $ltualk)n of the xhoofs famlly has been further affecied. Many have c4)nsKlered withdrawingtheir chIld￿n from the sch￿1 because they could not afford the fees or have asked for further dL8counts. The schcd budget was shrlnklng and affe¢Ungthe quallty educatlon the schcd Is appreciated for. The prnject ￿￿red enroknentfees that C4wkl not b8 paid ty families that suffered the economi¢ effects of pandern￿ Familles that applied forthls support went through Snterylews and home vlslts and a follow up throughout the year. The project supported the schojl In purchase of IT equipment I￿Pl0p. dighal whitet#)ardl and software Imlcroblisl. The school dkl n(* suffer any enrolment decreax Wlth the distrikmrtlon of technolw. the sch(￿1 kept up wlth th6 natlonal Celbal progrnm lonelgptop per chlld). and heno promoted ￿n0￿edIe and new IT skllls Imlcobltsl and eventualty generated Social equty. Dlgltèl whKet*J8rd8nd18Mor AKILIL PEPORT.IF4D AfccL.NTS AT 31/12,. 2023 25 ()I,'It Lii.'I': l) ￿lIs.￿lI}N Philippine Duehesne l BRASIU Rio de Janeiro De camino o lo pantallo.'iustieia soeial.paz e integridadde los derec1U￿ de los aéa de Cthx) Ne￿ TSC Safe shelters fOrteenage￿ often lad( re%Jurces to mpond to the reeds of the and gi thw hosL The hosts IINE In a safe environment but the safe shetters often lack resources to offer them programmes that lackle their past storles of VI0￿Ce. abarbdon. dru& alcohollsm. De Camlno a l• pantalla ￿ent[r￿ fNe safe sheliers in the area of Rlo where It Introduced multlmedia and cultur318Ctivitse8 to Its hosts. PLtivkn induded W￿￿hOPS on photography and vldeTrmakln& theatre. tslks on human fights. and wolence aNI Its dlfferent aspects. And outlngs to cultural spaces {museuffts and parks). In eath safe shelter welcomed the project mentors twke a week per two hours. A final event gather the work of the fNe shelter where an audlence of over 250 pernons watched the final works of the teenagers. Teenage dlscovered a ¢realfve unNerse and acqulred Creati￿ multimedia 8k1115 (use of camera and vSdeo ¢ameral. They showed they coukl engaged In new forms of sc¢iallty and galned self- esteem. They openly talked oth)ut their past and now kJok wlth hop9 to thelr fuiure. They leamt to Ilsten and show IDve; Ihe road to overcome thnce aThJ L501alk)n was opened. ui) Photogrnphyworkshop Vld8trm8klftg worhsfjop RUMOA T ELA CultLiral Outlng Fin81 even! Poster flnal event AP,N,￿'AL RfpoR T .IND A=COL,NT> AT 31/1? 12023 26 Philippine Dlld￿lle | MEXICO, Pueb]a Mujeres con suenos de colorns | Maria del Socorn) Martinez maqu￿ rnci Puebla registefs among the highest rate5 of wcynen violen¢& Women live in a situatiLm of vulnerabilrty as for the macho culiure {infKlelrty. husband deFenden￿. dome*ic viokncel and the high per￿ntage of girl dropout lilliteraw. eaty pregnancy). Mujeres con colores enhanced the participation of women In as leadws. It caTrled out worksho￿, the women clrcles of knowledge, on self-esteem arKI Inner learnlng li.e. reading of a tale and sharlng of personal experiences, art-theyayf. gender equallty exbxrts). ¢elebrated Intemational days of women and wrl with side events activriies Icholr, theatre). and the palnting of collectlve murals. Women showed a change in thetr attmudes 89 they reeognised and Yalued ￿1r stren8tPts. They swltched thelr self-perceptlon and valued thelr le8dershlp abllkie& Fear of their husband lessened, wc4men serwd freedom. C'oiieciive fflurals Art therapy Wornéns ¢lrtle AI 1,-.4L ￿.EPoP,T 'QDACCObl'.SAT31112120?3 27 QI-.K Lii.-i.:..LN l) MIssi(hNI Fiiiids for victini.6• of the Uki'aiiiiaii-Ru¢i.(•iaii coiiflict In March 2022. the General Council launched a new Internatlonal fund to supp the victims of the UkrainianvRussian conflict. Thls fund was managed by the Generalate Finance Office and donatior6 Could be made from provinces or others connected to the Soclety. The creation of the fund was in response to the many requests from wlthin the Intemational Society to offer financial support and to coordinate fundlng. In 2023 the fund disbursed the last suwts allocated for 11 projects approved In the previous year. Specifically. the projects concemed: humanitsrlan aid to women and chIld￿n at the front Ilr creatlon of soclal and household conditions for the refugees h¢Jspltallty and psychologi¢81 support for refugees from Ukraine hostSng people, women and ¢hildren, war refugees. victims of human traffi¢king and gender4>ase(I violence provide basic means of livelihood such as hygiene products, food, medlcine. Clothi￿ trying to improve refugees current quallty of lffe support In the proc8ss of self*mpowering create a care centre for orphans and to ¢xganlse bedroow6, play areas, kitchen, dlning room and laundry ATr*ilL.4L REFOR T AID ACCCl￿1TS A-, 311121 20?3 28 ()i-.11 l_ii.'i.-.ii li Illissi() Scdal integration and new language leaming Social and w¢hologi¢al support At the end of the year, the fund ran out of disbursements and was dosed. A'JI,LAL P.-PQR-. ' ND ACCOUNTS AT 31/J.2,'20?3 29 Oi'R LIi.'I': ILIN l) TrIIssii)N Su,stainability Fund Capltsl Ald was provided to the Ftrovince Cong(>Chad, to conclude the woths of the care home for elderly and sick women in Kinshasa. specifically in Kimwenza. The purpose of this house is to offer our elderfy slsters a space that Is sultsble. given thelr age and Increa￿n¢Y vulnerable health condltlons. This Is a space where they wlll feel comfortable, fulfilled and safe, In order to reswnd to their mlsslon of prnylng and supportlng the mlsslon of who are still active in the whole Society. ,N.AL FEPOR-, .4ND.ICC3UNT) AT 31112,'202? 30 C)i"Ii l.11,'T.; ..IN i) IIIIssii) C)i'diiiaiJ' Life of ConiiiiuiiitlLS During the year to 31 December 2023, the Society provided aid to some Provin¢es who cannot afford their own Costs for formation. intemational service and to foster the project of creation of new provinces. Ordinary ald for the admlnistratlon and living expenses of communltTres was provided to Philippines. Chad, Congo, uganda, Indonesa, Vielnam and Venezuela to support their public benefrt ministry throu￿ their service in education. These funds are used by Provinces to support the daity lives of sisters. their provision of healthcare. support for regional or intematlonal meetlngs and development of 8 mlsslon area. ANIIUAL REPOR T ACCOI I.NTS AI 31112/2023 31 ()I-K l.11,'F.'.LN i) fw'Iissii).N Administration of the Society of the Sacred Heart Life aiid Mi.ssioii During the 12 months of 2023, the Duchesne Trust continued its charitable work with the commitment and support of members of the Society of the Saered Heart In 40 ¢ountries around the world. We wlll Introduce some spe¢lfi¢ areas wlthln the Society that include the a¢tlvttles of colleagues and friends who are part of our extended group. We will do this through some of the vlslts made by the General Council throughout the year. V is it5 t() Vr()I'illLL' Vlsh to Eng]And.Wa]es Barbara Dawson | Anne Corry Barbara Dawson and Anne Corry visited the provlnce from February 21>26, 2023. The vlslt was based In London where many of the ENW RSCJS are Ilvln& Those from places I further afield generously gathered in London in orderto makethe most of thetime we had. There were very lively meetings at every occaslon. with the members of the provlnce who gathered with the sisters from Du¢hesne House and wlth the lay staff WI￿ support the administratlon and care of the sisters Sn so many ways. We were very Interested in the Initlatives that the provin¢e Is taking to uphold Its legacy In England and Wales and we congratulate them as they prepare their celebration of 180 year5 of the Societys presence in England. A%JN1kn4' REPORT I'ID ACCOLINTS AT 31/12/20?3 32 to Peru Barbora Dawson l Monita F￿qUIve1 | MarIe￿eanne Elonga Barbara Dawson, Monica Esquivel. and Mari&Jeanne Elonga travded to the Province of Peru in May 2023 arKI observed the strong faith of the Peruvian people. who are inspired to keep moving for*4ard. During their visL they witnessed the countWs real￿, Including poverty. inequalities. and cultural richn￿ The si51eT5, guided by theSr charism arKI mSsslon, addressed these challenges by provldlng educatlon, developing work skill4 and Implementln£ entrepreneurshlp projects. They admlred the population's Courage and detenninatlon In response. The educational mission in Peru has been particularty impactful. with the sisters proud of their contributions to education in the county. They have been ploneers in adult and professional tschnical education. focusing on the needs of the most vulnerable. The provlnce 1$ current]y undergoing a transitlon, martfed by changes In leadershlp. Increased Involvement of the kity, and a redefinitson of the sisters, apostolS¢ role. In preparatlon for the near future, the slsters. along wlth the entlre So¢lety, are engaged in continuous discernment to eslabllsh apostollc prlorlues and add￿sS evolving challenges. ANhlU4L PEPOR T AKID AC-OUNT) AT 311 l=t2023 33 UL-R Lii-'i.;,L% i) Mi ISSII) VL8it to Korea and Taiwan (Koreaihina province) Barbara Dawson | Daphne Sequeira Barbara and Daphne visited the KOC provlnce from 10th March to 20th March 2023. They were very warmty welcomed at Talpel Alrport by Chol and Eun Jeong. The Taipei communlty and then the Open community in Seoul l(K)ked after them with much love throughoui their stsy. The provincial ¢oun¢il had a full and inclusive plan for their vlsiL Thls gave them a chance to Snteract wllh many RSCJS ind6vidualty and vlsit the ministries and communltles to get to know their lffe and miwon as tt is lived in Taiwanese and Korean reality. They had interactlons and honest conversatlons in the mlnlstrles wth the sisters and the collaborators Inv Taipel School, schools In Seoul, Barat Café, Mohtungyi Vlllage Café. Saenal communlty. Ilw￿enCQuragJngto see how our mlsslon Is lfved with passion and zeal. tt also helped them undet3tand thelr challenges and hopes for the future. Deep and meaningful Conversa￿OnS wlth the slsters In varfous age groups. good questions in the province assembly and informal conversatlons In the communities overthe dellclous meals gave them a good flavor of the lrfe of the provlnce. They were glad to see several Innovative ministries and reorganizatlon of the Communities to welcome youth. The pr¢>vlnce Is maklng a good process to welcome a new Ilfe belng bom In the'New provlnce,. ANN'LAL REPORT ACfOLITrITS AT 31112,12023 34 () i'ii LIi.'i.:.Ll l) IIITSSII)i Vlstt to UDlt¢d State8 Anne Corry l Dophnesequeira Anne Corry and Daphne Sequeira visited the Province of the United States and Canada from May 1&28. 2023, focusing on future directions for the region. Their schedule was packed with exciting activitres. including InttiatFves wlth young people, developments in eldercare, a revitslized JPIC Commission, programs at the Stuart Center for Mission in Washington DC, and spirttuality outreach. They also had meetings with key figures In Sacred Heart Education and the Network of Sacred Heart Schools. Throughout thelrjoumey, they obseryed strong relationships with dedicated lay individuals involved in various aspects of the Societys MIS￿On. The visit Included Interartions wlth European novices In Chlcago. eyperlenclng the hospltallty of Encounter Point- a gathering place for spiritualtty and pastoral actlon. They leamed about existlng and new outreach ministries wtth migrants and made a tJpe¢ial vislt to the shrlne of Philippine Duchesne in St Charfes, Missouri. The trip allowed them to witness the provSnce's anticlpatlon of a new relationship with Me￿c0 and the Antilles, and they were Impressed by the ener￿ and commltment to future directions wlthln the provin¢e. The visit also prcwided opportunlues to explore the beauty of the countries through road and train travel. L.1. Ak.'IL41 P-FC.?T AN:D ACCOI INTS AT 31/1212023 35 l)i K Lii.'i.:.IN i) IlIi.S5111N it to Haiti (Antilles provin￿) Barbara Dowson | Monieo Esquivel In June 2023. Barbara Dawson and Miinica Esquivel visited Santo Domingo to meet with the sister5 of the Haitian community in the Prownce of the Antille& Following the meeting. Valle Adame and Rosa Vasquez. accompanied by Soco Rublo. continued their work in Santo Domingo to prepare forthe arrival of Sofia Baranda and Maricruz Trigueros in August. The team explored various locations to 5UPPOrt the people of Balan while integrating into the local culture and leaming Creole. After careful dlscernmenL they deelded to go to Ans￿treS, situated on the southern border between Hatti and Santo Domingo. An intsrrycongregational community welcomed them, providing a house. Their plan is to move to Balan to sustaln the Fe y Alegria school and assess posslb1l￿eS for the currently closed clinlc. As of the latest update, the community comprises Valle. Rosa. and Sofia Baranda, vtho arrrved on August 20. with the arrticipation of Maricruz joining them in Haiti soon. .4lwKI'AL P.EPOP,T AND ACCO￿￿T5 AT 31112/ 2023 36 ()I',ii Lii.'i.: ..LN 11 ThIIssic) it to Japan Anne Corry | Daphne Sequeirn Daphne and Anne had a wonderful visit to Japan province from 14th Feb to 20th Feb 2023. The Fyovin¢e welcomed them wamly into their lrfe. The leadership tearn had prepared for the vi5tt very well. The Daini communty looked after them with great care throughout thelr stay. Interacting with the communities over meals with inforn)al conVe￿tIOnS gave them a good sense of provlnce lffe. Our sisters in the eldercare community were very interested In Inqu5rlng about their ctrprobanist all over the world and vhpt new is happening in Society. They had meanlngful conversations with our mlssion partners and sisters in their ministries and the age groups. The Zoom gathering of the province gave them a Chance to dialogue about Society issue& The honest and deep sharing of each communty on the provlnce Zoom meetlng was heartenln& Besldes Ilstening to Indivlduals. vlsltlng Mlkokoro center. Global Plaza of the unlversty. Sapporo, Obayashl, Sankocho schools, and the Casa de Amigo organization. they were especlally blessed to attend the solemn graduation ceremony at Sus¢)no School. Thls akn gave them a chance to Intsra¢t with the parents. In the mldst of the letting go, they could feel a good prep8r8tlon to welcome a new Ilfe being bom In the New province. ATr,loJAL HEPOP,T rtl.D ACCOUNTS 4T 31/12,. 2023 37 IIistOl"iLal aiid cultural liei'itage of tlie ,Societi' The Vllla Lants, located in the heart of Trastevere in Rome. is the historical and cultural heritsge of the Society of the Sacred Heart and has been remodeled to house a Fomation Center for Reiigtous and Laty, a museum and the archives of the congregats'on. In the last three years. Villa Lante has underyone a major renovation, whlch Is now complete. The "Villa Lante Conference Center. ¥ision and m￿$s0n b to provlde a hub for the intemational S8tre1999. In addition to leadershlp, Barbara has served as a teacher and administrator for schools including SL M8rtin de Porres In Oakland, Califomia.; Lone Mountsin College in San Francisco: and others throughout the US. She was In 8dmlnlstratlon for varlous Cathollc Charltles and has addressed publlc pollcy and Immigration issues in the San Francisco Bay area. She Is a member of the bar In both Callfomla and Mlwurl. seNes on the board of the Hilton Fund for Sisters and has served on the board of trustees for various academic Institutio￿ Slnee 2016, Barbara has been the Superior General of the Soclety of the Sa¢red Heart and Chair of the Duchesne TrusL Slster Anne Cory has a professional background in education and mission promotion. Originally from New Zealand, she has lived in Rome since 2014 first as Intematlonal coordlnator for Justlce. peace and ecolo￿ and currenty as a General Counclllor for the Congregation. Anne has tsught in high schools in Australia and New Zealand and has serrfed on 8oards of educatlon and healthcare institutlons of religi'ous congregations. Anne hes Masters degree5 In Education and Theology and a Graduate Dlploma in Legal Studies and Ethics. She has travelled widety in countries of Africa. Europe and Asla and lived for a few weeks in Peru. All of thls has contributed to her understanding of the missioTrrelated activities of her congregation around the world. Anne's current role gives her an overview of the widespread mission of her intemational congregation. AlJiLIAL P.=POP.T A'QD ACCOLIN'TS AT 31/l•/ryOn3 C)i'ii 11() IRI) ()i.'-I'Ri-%'i'i.'i.'s Sister Monica Esquivel Ballesteros was born in Mexico in 1966. She joined the Society of the Sacred Heart in 1992 and has worked in formal education as well as altemative {"populaff) education and pastoral ministry. In fomal educatlon she worked as a secondary school m8themal¢s teacher and as a sch¢x)I chaplain. In altematlve educ8tlon her wort< focused on women and young people, in the areas of communlcatlon, educational dev8lopmenL as well as the promotion and coordlnatlon of educational projects. teacher training and the creation of educatlonal networks at munl¢lp01 arKI regional level. Monlca served for 8 years In the Societys mlsslon In Nlcaragua, worklng for the charity "Ron¢allFJuan XXIII Association" in the areas of housing and education. She also worked for the Conference of Reli&ous of Nicaragua as the Justice, Peace and Intsgrity of Creation IJPIC) Coordinator. Upon her return to Mexlco In 2011. she worfrmal education, working at different times and in different places as a te8¢her, principal and head teacher. She spent some yeats In the fomiation of young RSCJ'S In her province of the Democratic Republic of Congo IDRC) before serving as provincial and president of the Conference of ReliFJous in the DRC. This last role helped her to interact with other congregations in the areas of initial end ongoing f0M￿tion. management and seff-financln& Currenty. she Is In her fifth year of intsmational service wtth the General Council of the Soclety In Rome. AIIIUAL PEPOR T.4%,D ACnn.LNITS AT 31112,:'2023 41 IIR B().IRI) ()1. I'KI'S'I'I-.I.S Sister Georgina Zubiria studied to be a primary school teacher. For 9 years she was dlrector of the Santa Cecilla School and later she was working with lo￿lncoMe women in popular education and gender perspecuve. Since she was studying to obtsin her degree in Theological Sciences, she has worked In dlfferent areas of her province such as formation, treasury, and leadershlp. Georgjna has experlence worfi.') i)i.'i%'i'.,li-i)I'i-()R s Ri-. pi)RT Conclusions relating to going concem In auditingthe financlal ststements. we have ￿nduded thatthetrustees, use of the going ¢oncem basis of accounting in the preparation of the financlal stst8ments Is appropriate. Based on the worf( we have performed. we have not identified any material uncertainties relating to events or conditions thaL Indlvldualty or collectfvely, maycast significant doubt on the group and parent charty's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of thks rep Other information The other Informatlon comprlses the Informatlon Included In the trustees annual report, other than the financlal ststements and our audltor's report thereon. The trustees are responyAble for the other Informatlon contalned wlthln the annual reporL Our oplnlon on the financial ststements does not cover the other Infom)ation and. except to the extent otherwise explicitly stated in our report. we do not express any fonn of assurance conclusion thereon. Our responsibillty Is to read the other infomiation and, in doing so, consider whether the other inforniation is materialty inconsistent with the financial ststements or our knowledge obtslned In the course of the audtt or otherwise appears to be materially misststed. If we identrfy such matsrial inconsistencies or apparent mater5al rnisststements, we are requlred to detemlne whether this gives rlse to a material mlsststement in the financial statements themselves. If, based on the work we have perfomed, we conclude th8t there Is a materlal mlsstaternent of thls other Informatlon. we are required to report that facL We have nothlng to report In thls regard. Matters on which we are required to report by ￿ceptIOn We have nothlng to report In respect of the following matters In relatlon to whlch the Charities (Accounts and Reports) Regulations 2008 requlre US to report to you if, In our opinion: the information given in the financial statements Is Inconslstent In any materfal respect with the trustees. reporL or sufficient accounting records have not been kepL or the parent charrws financial ststements are not in agreement with the accounting records and returns: or we have not recelved all the Information and explanations we require for our aud ANNU.4L REPOR T ANID ACCOUNTS AT 31,'12/202" 46 ]Ni i}i.'Ipi.'x i}i.'N'i'..Ii'iii A'()K's RI.'vi)R'i' Responsibilities of trustees As explained more fully in the tru5tees' responsibili￿eS statement Iset out on page ...], the trustees are responsible for the preparation of the financial ststements and for being satisfied that they give a true and fair view, and for such internal co1￿01 as the trustees detemiine is necessary to enable the preparation of financial ststements that are free from material mlsstatemenL whether due to fraud or error. In preparing the financial statement& the trustees are responslble for assessing the group and parent charlty's ablllty to contlnue as a golng ¢on¢em. dlsclosln& as applicable, matters related to g￿n& concem and using the g￿ng concem basis of accounttng unless the trustees either intend to liquidate the group or the parent char or to cease Operatio￿ or have no realistic altemative but to do so. Auditor resp)nsibilities for the audit of the financial ststsments We have been appointed as auditor under section 151 of the Charitles Act 2011 and report in accordance wrth regulations made under section 154 of that ACL Our objectives are to obtsin reasonable assurance about whether the financlal statements as a whole are free from matsrial mlsststemenL whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but Is not a guarantee that an audlt conducted In accordance wlth ISAS {UK} VAII always detect a materlal mlsststement when It exlsts. Mlsststements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the etonomlc decL8lons of users taken on the basis of these financial statement& Irregularities, includingfraud, are instsnces of norpcompliance wtth laws and regulations. We design procedures in line wlth our responslbiliti8S. Outlined above. to det8Ct material mlsststements in respert of irregulariiies, including fraud. The extent to whlch our procedures are capable of detecting irregularities. including fraud is detailed below: We obtsined an understanding of the legal and regulatory frameworl( applicable to both the Charlty Itself and the envlronment In which Tt operates. We identlfied areas of laws and regulations that could reasonably be expected to have a material effert on the flnanclal ststements from our sector experlence and through dlscusslon with the directors and other managemenL The most sign¥fi¢ant were identified as the Charities Act 2013. Charity SORP FRS 102. UK GAAP {FRS102) and relevant tax legislation. We considered the extent of compliance with th(w laws and regulations as part of our procedures on the related financial statements. Our audit procedures included: ANNU4L REPORT AND ACCOd.NT) AT 3111212023 47 JN I)I'.Pl.'Nl)i'.N'r Ai'iiT'f()R s KI,'Ip()R"I' making enqulres of trustees and management as to where they conslder there to be a susceptlbil￿ to ftaud and whether they have any knowledge or suspicion of fraud; obtsining an understsnding of the intemal controls estsblished to mttigate risks related to fraud or norFcompliance wrth lav•S and regulatio assessing the design effectiveness of the controls In place to prevent and detect fraud: assesslng the rlsk of management override Including Ident￿n% and testlng journal entri challenging the assumptlons and Judgements made ty management In Its significant accounting estimates. Because of the Inherent limltations of an audtt. there Is a rlsk that we wlll not detect all Srregularities. including those leading to a material mi&statement in the financial ststements or notTrcompliance with regulation. This risk increases the more that eompllanee with a law or regulatton Is removed from the events and transactEons refiected In the financlal statements. as we wll be le&s likely to become aware of Instances of non4ompllance. The rfsk Ss also greater regardlng Irregularitles occurrtng due to fraud rather than error, as fraud involves intentional concealmenL forgery, colluslon. omisslon or misrepresentstion. A further description of our responsibilities is 8v8118ble on the FRQS website aL' ThSs descrlption forms part of our auditorfs reporL AliNU.4L REPORT AI'D AknLOUN'TS AT 3V121202? 48 [5 i}I,'l)I".Nl)F.'N'l'.41-1)i-l-(IR'S Rb.-i'()K'l- Use of our report This report is made solety to the charivs trustees. as a body. In accordance with Part 4 of the Charities (Accounts and Reports) Regulations 21)08. Our audlt work has been undertaken so that we might state to the tharity's trustees those matter5 we are requlred to stste to them In an auditor's report and for no other purpose. To the fullest extent permltted by law. we do not accept or assume responsibilty to anyone other than the charity and the charity's trustees as a t￿dy, for our audit worfi. for thls report, or for the opinions we have fom)ed. Halnes Watts July, 16th 2024 Halnes Watts, Statutory AUd￿r Old StaJon House Ststion Approach Newport Street Swlndon SNI 3DU Haines Watts is eligible to act as an auditor In tem)s of section 1212 of the Companles Act 2006. ANKLAL REPOP,T AND ACCOUNTS AT 31112/2023 49 GROLIP SI'ATEMENT QF YINANCIALACTJvriY (INCLUDING l.hJC.OMI.: kn￿1) Tr￿P￿.￿Drri'RF. AccouNrs) SAT 31 DECEMBF.R (IN fooos) GROUP Note unre5lricted Restricted 2023 2022 Income from: Lknatlons 1679 &493 1Th¥e￿rnent ZCe6 Othtr In￿￿n0 79 Tth•l In¢¢ffl• 4.970 2.879 7.638 Expondlture on: InwJtm•M M￿￿lf#B L(81 Supportlnithethafftable memb￿£ th•Sccl•ty of th• S•xi H80rt 276 &876 4.977 412 Total •xp•ndlture 5.083 2.190 7.273 8.470 Re￿19ed & unrnalle&J In¥ethnt and forety curr¢rKy Wns/llwes1 ￿ rMlu* 447 4701 9.148 .￿003 Transle Net mov•m•nt In lund• 4334 5.190 9.524 .13.837 BO1￿(£$ brouiht fotwtrd ￿01j 67£91 133.047 14&884 (*cwrf•J forwwu at 31 C 6*791 717 142571 13&047 Income and expenditure derive from ongoing activitie& The ststemert of financial activities Includes gains and losses recognised during the period. ANNUAL REPORT 4ND ACCOUNTS AT 31/1.12023 so AS AT.31 DEcF￿￿￿ (￿￿0008) CHARITY Note Unrestriciee Restricteo 2023 2022 Inoom¢ f rom: 1679 IXh6rlnt4x• T4*•l Inoom• 2.079 7.837 Expértdltur• on: th• Sodety clth• Sou•d HW¢ &437 412 T•t•l •xp•ndltu 7.834 5.897 Awlh¢d & unrel1￿ kn%*iim*t andfmign *k447 4701 .￿C<)3 T￿n￿4rn N•t mo¥em•nt In lund• 3.7 5.190 8.043 -13_284 6T.591 145.955 B4w¢¢ cw1•J fmrd at 31 D 727 Le33 Income and expenditure derive from ongoing activtties. The ststement of financial activrtSes includes gains and losses recognised during the period. ANNb4L REPOP.T.4ID ACCOJIITS AT 31/12,12023 51 GROLIP BA￿NCE SHE AS AT 31 Dr,.CEMBF.M C'ooos) GROUP ?0?3 ?0??. FIXED ASSET3 xed 329 S0¢4￿ InY•*m•nts In¥85trngnts TotAI flx•d 177.634 177.963 184.583 JRttENT A88ET8 7A73 7.487 4.842 CREDITORS Amounts I￿lIngd￿0 vthhln ayw Amounts dv8 tOprvdTh￿ ru818 L707 JOA02 39.003 NEf CURRENT LIADILMES 4&392 41.618 TOTAL IIET ASSETS 142.571 133.047 R•pr•wt•d by RESTRICTED FIJNDS 72.780 67.591 Idarlty H8rltage Futurg Su*Ain•bllrty UN RESTRICTED FUNDS O•il¥ntht•d idanty 7L944 e&667 09.791 85.458 14.054 6.029 2AOI 6.025 50.601 Futur8 Susith8bil G•Th•r￿ funds 5S.737 TOTAL FUNDS 142.5TI 133.047 Approved by the trustees on 16th July 2024 and signed M thelr behalf by Sister Bart)are Dawson Chair of Trustees ATrJl'4LAL REPOR T ANO ACCOUIITS AT 31112J9023 52 ASAT 31 DECEMBER (Ne'ooos) CHARI 2023 2022 FIXED ASSETS In¥estm•Ats Tol•l Ilx•d u••ts 177.634 177.&Y CURRENT ASSETS ¢￿h ai b4nk 1785 7249 T.249 CREDITORS Amowts fdiin¥thJ• ¥Jthln •y•*r In￿4n¥•#W￿l Ary4)umsdu•to 049 8.237 L707 Arnwntsldllngdwwlthln o yww Ilnwrtrw 39.935 38.639 NET CURRENT LIABILITIES 46.IX*l -31.390 TOTAL NET ASSETS 14L633 ts2.￿0 R•pret•nled by RESTRICTED FUNDS Vkr•lne Sc41darfty CAwld Cor Ufium 71780 67.591 FutUresu#An￿l1ty UNRESTRICTED FUNDS e&667 IdBrty &029 2K*l FutUr•Systokn*ll￿Y fj•n•r￿ fundi &025 799 5Q244 TOTAL FUMDS 141.633 2.e90 Approved by the trustees on 16th July 2024 and signed on their behalf by Slster Barbara Dawson Chalr of Trustees ANNLIAL tsEPOR T 41 D ACCOLNIS AT 31112120?3 53 GRoupCASH Fu>M' STATEMEh FOR THEYEAR LWDED 31 DECFJ￿ER Cooos) GROUP 2U23 2022 Cash flow8 from operatlng actlvltl¢$: Nd Inwm￿l¢Xp•no1tYl￿l forth• r•pThUnrf laBperlhe ement L* fjnondal rA#Mto 9.524 .13.837 It*nKoMncrnBO In (¥odths 538 C￿e￿Il￿mI•l In d•btorn 77 174 lnb*8iw￿l Inclxno N•t rnalls•d rffid unrnalks&J 1Th%*8tm•nt and ialns/llrA8esl M rmlu•tlon ¢n IfftN**rnents 422 N•1 ¢•ih pmld•d by / l•J*•d In) oP•rn￿n¥ •dlvltl•• -416 -2.518 Cash flow8 from Inve$tlni a¢tlvltle$: IM￿StMe[bl kb¢xxn• Net (addlil￿$}1￿IthdR1*elSto Inv•￿m•fits Pr(￿d¥11nM thesqle 0116xed &￿ts Net ￿$h pro¥ld•d by Inv••tinl •Ctlvrti 416 L910 Ch•nK• In cmh and cash •qulvol•nts In the y•Ar -2.790 -607 brou)¥A )252 28A21 1&363 Mork•t ¥•lue •t 31 D•¢•mb•r 177.034 164.080 177.634 164.080 62 N()'I'i,'%'i"(I'I'iii.' l.'IN.LNLLII. S'I.I-I'F.'IIT.'.N-I's (i.N (' uoo) io. DEBTORS (IN Cooos) The other debtors relate to loans made to the Societys provinces as follo GFIOUP CHARITY 2023 2022 2023 2022 14 Mwk•t v•lu• •t 31 D•c•rnb•r 149 The item 'other debtNs' Includes a loan granted to the Province of Indonesia for the Construthlon of a building for educatlonal activitie& ii. cRED￿oR8. Amou￿[3 FALUNG DUE ONE YEAR (TN e'ooos) GROUP CHARITY 2023 2022 2023 2022 AMI￿￿￿4￿¥ to Non N)¥e#mtht 455 L707 455 L707 Ac#ud$ C4nmltments 238 Sub4ot41 8.347 aol 049 &237 Amount•duo to InN•knth)t Total 40.233 39.003 39.935 38.839 Amounts due to provinces INon4nvestment) are funds awarded to provlnces or expenses Incurred by the Generalate that have not yet been paid. Amounts due to provinces (Investment) are those funds Invested on behaff of provinces by the Generalate (see Note 9} net of all disbursements and gains or losses on the Investment T_il 12 £i.? 12. FUND BA￿NcFS ALIJ)CATED FOR SPECIFIC PURPO￿ (rN e'ooos) The amount and destination of thesefunds are detemiined tythe Trustees. Set out below are the balances of the funds as well as tts intended use of the funds: GFIOUP l J¥nuary 2023 31 December 2023 Income Expenditure Investment galns RESTRICTED FUNDS Futufy&Jstaln•bll Its70) 847 7L944 ijkrnlng Rus*•Supptyt Sc41d4rfty Total re•trld•d fundi 179 11791 11191) 07.591 2.879 701 72.780 UNRESTRICTED FUNDS Frymollon &9)3 FtrtureSu¥t41Mblllty Gweralat? &026 60.pJ)i I&U6) 16.0821 4A47 5&737 Tot•1 unr•atrl¢i•d fundi 66.456 4.070 4.447 00.791 TOTAL FUNDS ,Is at 31 December 2023 133.047 7.649 (7.2731 9.148 142.571 jl'j2 :.o)?' N()'i'E.'s i'()'i'iii.: f4 T¥ INI'.I.11. S'I. I-I"I.'ITI.:N'l"s (is C'ooo) rAI CHARITY l January 2023 31 December 2023 Income Expenditure Investrnent gains RESTRICTED FUNDS Future Su*alnrt>llty H•r6tsg• Ukrdne Supptyt Solldarfty Totol rnJtrf¢t•d fund8 IL870) IT) 847 7L944 179 {1791 12.1•11 07.591 2.679 4.701 72.780 UNRESTRICTED FUNDS Dwign8tod lund• {￿6) Fulur*su*￿n￿b1l1ty Gen•r￿lIe &025 1&71n 15.6431 447 54.799 Tot81 unr•strl¢led fynd$ 85.099 4.950 4.447 88.853 TOTAL FUNOS as at 31 December 2023 132.690 7.629 17.8341 9.148 141.633 GROUP & CHARrrY Restrlcted a) Solidarity - Funds that have been donated to fund projects Involving members of the Congregatlon, to support and educate vulnerable groups who live in poverty. This is often directed towards women and Children who lack the basic necessities of IFfe. b) Future Sustainability- Fundsthat have been donated by provinces in response to the call from General Chapter 2016 to 'commit ourselves as one body to Ilve our community of goods by sharing our resources throughout the Society. especially our flnanclal resources. in order to sustsin our lrfe and mission for the fijture.. The use of the Sustsinability Fund vras dlscussed at the Spe¢ial Chapter 2021 and decisions will be implemented in 2022. Detsilsof the typesof fundingare set out in 8 document titled "Priorities for Future Sustainability". ¢) Heritsge - The fund was set up to facilitate the maintenance of herftage assets within the Society of the Sacred HearL Specifically. the herttage properties located in Joigny. France, Grand Coteau in the Unlted Stste5 of America, and in Rome, Italy. l jl 12 2i.' Ni)'i'i,S'L'I)'i'iii,: fIN.LNC'LII. S'1'.I'l"l.:)1I.'s"15 {i.N ("oou) d) Ukrnin&Russia support - The fund was set up to supwrt the victims of the Ukrainian Russian conflict with ￿Stance and psychol0￿Cal counselling of women and children, language teachin& facllitatlon of S(￿al integration, training for employmenL Designated 8) Generalate- Funds that have been desigroted to ensure the Continuing operation of the General Council in Rome along with the assoclated costs of operating the Soclety of the Sacred Healt bl Solldarlty - Funds have been designated to fund projects Involvlng members of the Congregation, to support and educate vulnerable groups who Ilve In poverty. Thls Is often dlrected towards women and chlldren who lack the baslc necessStles of life. c) FOrMa￿on - Furth that have been designated to cover the costs assoclated wlth Snltial and on*oing education for the members of the Society of the Sacred Hea d) Future Sustainabillty - Funds have been designated in response to the call from General Chapter 2016 to 'commlt ourselves as one body to Ilve our community of goods by sharing our resources throughout the Society, especially our financlal resources, In order to sustsln our Ilfe and mlssion for the future.. 13. RELATED PARTYTRANSAcfioNS No related party transactlons took place durlng the year. 66 14.ALIA)CATION OTr RESERVF3 (￿ e'ooos) GROUP Unrestricted Design ated reserves reserves Restricted reserves TOTAL Fixed assets 69.791 727 177.963 Current a&8ets 4.842 4.842 I￿rrent Ilablllties- non Investment 16.348> 1&348) Cuffent Ilablllties- Provln¢x Investments 133.886) (33.886} Total reserves 69.791 72.780 142.571 CHARITY U n restricted Designated reserves reserves Restricted reserves TOTAL Flxed assets 36.(X)i 72.7PJ) 177.634 Current assets 934 (￿rrent Ilabllltles- non Investment {&049) 16.0491 Ojrrent liebilltles- Provincè investments {33.886) (33.8861 Total feserves 88.853 72.780 141.633 67