REGISTERED CHARITY NUMIIF.R: 2967%0 Unaudited Finantial Statem?t5 for thc Ycar E.ndcd_IO Sc tcmbcr 2023 for DIVINI INNOCL.NCI TRUST Ark Accnuntsney Limited ChanerLd C LrtifiLd Accounlant 31 Clicam Road SILrrey KT17 IQX
DIVINE INNOCENCE TRUST ont ts f thc Financial Sialcnients for the Year Ended 30 S iember 2023 Pdge Report vfthe Trnsiees Indepcndcnl Examiner's Report SLatement of Financial ActiviiiLs BaldllLe Sheet Notcs io the FitLan¥ial Staiemerttb 8 to 13 Detail<d Stdtvmeni ol-Findncial A¢livitie.% 14 to 15
DIVINE INNOCENCE TRU'ST Re ort of th¢ Tru%te¢s for the Year Ended 30 Se ieTnbeT 2023 T]Ic Iru8iccs prcseni their reEx)ll wilh the financial siaiemenis tsl-IhL chariry for IhL year cnded 30 Scpicmber 2023. fiic ¢ru5tce5 liavc adoptcd thc proi'i%ions of Accounting and Rcporting hy ChL1rItic'. Stalcmenl of RecoTnnicJidcd Practice applicable 10 Charities preparing thcir acctsunis in accordance 1Th thc Financial Repoftin& Standard applicabl¢ in th¢ UK and Republic of Ircland IFRS 1021 Icffcctive l January 20191. OBJECTIIIES AND Acfiv'iTIES Obje¢tli'es and aims Tlic main aim nt. IhL Tn]si i8 the advan¢emcnt of the Roman Cathnlic r¢liginn ihmugh ¢hc %pirituality of Chri%t'% Divinc Iiinoccncc. Thc work of the Charitv is for thc bcncfit i)f all. Its work is ba%cd PTcdoTniiiatcly in King%ton upo Thdmcs, Surbiion and BethlLhem FaTrn. Wc.s1 Sus%Lx. ThnTruLyh org?anisLd ekLnt%. LJucaiion. prL'mibLS and variows material as%istanLe we aim to help any arganivtic)n or ind1.1dUal iviihill the capaLiW of the Tru%1 who need% spiritual or practilal help. PartlLuI(ir emph&%i5 is on the lollowing.. Growing in ihe knowledge and pracli5e ofihe Catholic F<iith Pron)Ole study of thc c.atholic Failh. -To work towards healing those who have bccn damagcd bv the circumsianccs of Ihcir live5. PraNide a %uppnrt and advice for all who wani to pursuc sysicmatic study nf the Roman Catholic faith Foster co-opcratton bcnvecn men aiid women in Ihcir %eparatc and complimenthry Cjod given roles. Support of families and priests. Support ihose who wish lo live the spiriMal life of the Holy Family. Tn build up 8nd canv oui our ivork within a supponive community environment. In line with the airns 5tdtcd aix)ve the charity sought lo carry out the followingi obje¢tives this year. Organise days of Rcpaidtion on ihe First Ftiday of Cvcry month. This involveb a walk of Christian wimcss. setvicc of remembrance. and prayer. To support pcr%on% who have been involved in aFK)rtion. the knowledge of whiLh reTnain.% confidential. To faLiliiaie the process ofspiriiual healing caused by involvemeni in abortion. Monthly days of recollection and retreat for PTaver. Sludy and common meal. Supwrt prdvcf bTroups and individuals in Ihc UK and abToad who wish io h£ive a dccpcr knowledgc of Catholic Chrislianiw. I1C ihc spiriwali¢y nf Divine Tnnoccnce and participaic in this work. Provision of two town houscs and ih¢ Bethlehem Farm for thc objectives and aims of Ihc Charity. Significant actii'itic% The Llllt acliN'ity of the charity ].% that of thc promotion of the Cathtslic Faith Ihrough the spiritualiry of Divine Innocencc. This involvcs ihc car¢ of priests and families with particular attclltion in rccoTtcilialion and education. Betlilehem fami has bccn used and coniinucs to bc d¢vclopcd to SCTve the above objectives and alTll Ot'the Chanty. Vnlunteers Thc charity. rclies on the scrvices of voluntccrs to maintain the upkcep of its premiscs. On average 3 voluniccrs assisi with the upkecp of Bcihlehem Farm near Crawley and 4 1'oluntc¢rs assisi with the prcmiscs in Adams Close. Surbiton. Pag¢ I
DIVINE INNOCENCF TRUST Re ort ot'the'ftuslie for the Yeat Ended 30 Se iember 2023 ACHIEVF.MbNT AND PERFORNIANCE Charitable activities Tlie Ivork of the Divine inn(Kence Tmsl consisied of Ihe following ac¢iwilies and provisions.. Monthly days Of Repardtion. This involves a walk of C'hrisiian witness. sctvic¢ of rLmenibranc¥, pray¢r swdy. Monthly days frf rc¢ollc¢tion and rcircai for pray¢r, study and con]nion meal. WeLkly online PrayeT I'la Zoom. Visiiing and supw)rting prayer group% and individua15 ill thc UK and abTOdd who wish to have a deL'per knowlLdgL of CatholiL Christianity. live ihe spiritualily ol'Diiine Inn()cLnce and participaic in thi.% work. Blihlehem Fam has a complcic Icvcl i)nc. two and trcc Atrirn where (he Catechesi5 of ihe G(d Shepherd lakes plaLc. Shoii accomm2170 tor IndiidUal5 and families whu wish to w)w in th¥ CiitholiL Faith and lum more aboui the sPiritU<ilily ol. Divin¥ InnoLence. "I'dlL% dnd re%ources were pi'ui'ided lo help individiiuls lu begin L)r advLe in btudy ol. Ihe Cdlhulic Faiih. The priniing ol-devoiional book% Proi'ision of a Sjlldll siudy dnd lendiiig library Ivr <inyunL who wishLb ro dLLwLn their knowledgp¢ of Ihc Catholic Faith through study. FINANCIAL REVIEW Fin#nLial position This year tlic Ch2L riry's incoine was £73.427 1?0?2 £51.112141nd cxpLndilurL. £98.65] 12022 £92.428. This r¥su1. in delicil ol- £25.224 12022 dLficil of £41.3161. Thc year cnding 2023 saw aD iDcr¢as¢ in incorne of £2? 315 and ¢xp¢ndiNre inereascd by £6.223. The financial situation improved 51i¥htly thi5 year with income increasing on ¢he previous year and iherc was a small¢r deliLii. li remain% ihe ca.sc thai propcrtv and %taff costs are the Tn4Lin charitable expcnditurL. Wabies Incre1¥ In linL with N'aiional Minium wage. Th¥ vnl). new proje¥l iniurring exrra propetry ¥osis w'as the ill%ldllation of water hdfvL%iillb7 at Bethlehem FTr. The mdin LO%1 wa5 for mdl¢tia15. Idnk's <ind gwullerinb. how¥ver the hulk ol. Ihi% was purchasvd Second hand. li was in%iall¢d by th¥ Fann Mdlld¥Ytr. There have been eftons 10 encourage r¢gJular givit)g directly inio the bank as this does give a more siable inLome for the Chariry. This did inLiexse Ihc rc¥ulai donors but only meeis 3 third of th¢ Inonthly lixed propLrry costs (Council lax, Insurancc. Uiiliticsl. li has bccn a pattcrn of thc last few ycats tha( fund5 h<ive bccotnc ctiticallj Iuw dnd dn ¢mergenLy appedl foi donaiion5 ha5 10 bl. made. They are buccessful but rhe financial situation is i'cry 'hand 10 mouili, with on¢ otT larg¢ donations and l¢gaci¢s b¢ing crucidl. Resenes polic Reserves tK)Iic)' 'I'hc reservcs policy of the chariry is 10 try and niaintain at least six months ol. cxpLnJifure as rcservcs.This is not ssible in the curreni financial siwaiion FUTURE PLJINS The priority is io Inake known the mel&1¢ ol- Chrisl'b Divine InnoLenLtr within th¢ CdtholiL Church. An VXP<insivn ol- using diglial m¢an% is a I'ery import( objective. We will %¢Lk ti) minimi%L' property co%lS, bui sldffingj i% dt a tninimum io run the admini%lraiiun and Bethleliem Farni. Prinied publication5 will albo reiiiain an imponani pan ol- Ihe work ol- Divine Innocence as this is the primary means of support and conununicalion with existing benefactors. A large pan ot the agriculwral land at Bcililch¥m farn] will continue io be rented on a Fann Bu%iness TenatLLy until 2027. STRUCTURE, GOVERNANCE AND LLAGEMENT GoverniN&v document ThL charity wab Lstablishcd by uust Deed on 6rh May 1987 as amended by suppl¢mcntal Deed on 9th Febrklary 2007. Its goi?etning document is its trust doLumentation. RecruitThent and appointment of nL'w tru5tee5 Under a supplem¢ntsl deed daied 9.2.07 the eKjSting? ijustees of th¢ charity appointed 'The Family of Divine Innocence Cotnpany Limilcd, as the 501e ttusleL ofDivine InnocLncL Trust. Page 2
DIVINE INNO(-ENC'ETRUST
for Ilie Yr Ertded 30 Se iembeT 2023
STRUCTURE. GOVERNANCE Af¥D MAfAGEMENT
Organisation41 struciurc
The DircctDr% of Ilie Family of Divine Innocence Company Liniited consEst of long sianding members of the
coinmunity of Divine Innocence. There are Cibihi at present bui ihere musi nevcr be less than (hrce.
Diicclors of the C(Trrporalc Trust¢e when appointcd &rc directcd to study the Charity Commission's guidance for charity
Iwsiees 10 bL laniiliar wilh their dutiCS toivards Ihe Chariry. Where necessary cxpens and appropriat¢ prafcssiona15
will bc consultcd or cmploy¢d lo a%sist thc C-orpornte Trustcc in carrying out il.% Icgal oblJba(Lons.
Thc Family of Divine Innoccnce C.ompanv L.imiicd musi mccl tivicc a vcar whcn the work of the Charitable frusl will
be an agyenda itetll. DirvLlori tnay call for dn Extraor(linarn. (renerlI meeting ai any iitne.
Rel#ied partits
Tlic %olc tru%tLe of Divine Innoccnce TTUSI is the corporal¢ irusicc Thc Family of Divinc Inlloccncc Company Limiied.
ThL dirL'Llors of this company arc Patricia dc MLnc7.L5. KaihLrinL' Fox. James Mulloy. Kaihlccn Mulloy, Li7. Circgory.
Subash Dc McMC7.es, Pairick Kclly. Marc Savny and Chrislinc Goddard.
Public Benefit
ThL Ci)Iporaie Truste¢ b¢lieves Ihc work nf the Charitv 18 for Ihe bcnefii of the public. A review. of the Objeciives.
Aciiviiies. A¢hi¢i'Lment and PerfL)mianLL dcmonsiraic (he Public BLnLfii of ihc work of thc Divine Innoccncc Tru51.
Altliough th¢ main hcn¢ficiari¢% are Ri)man C.aiholics aur facilitics. places of PTaycr and servicLs
DIVINF INNllcENCI TRUST tsrt of ihe 1'rLL%tee5 for the Yeai Ended 30 Se tember 2023 Approvcd by order of Ihc board of uusiccs on ?7 July ?024 and 51bTned on ilb behalf by.. Mr¥ P M Dc Menczes- Trust¥e Page 4
IndcL¢nd¢nt FxaminLrfs RL oft to Ihc Tn)%iec.% Of DIVINE INNOCENCE TRUST Independent exaThiner's report tn the tru$tees of DII'INE INNOCENCE TRUST I rLport to (hc Lh41rity tru51ccs on My examination of the accounts of DlVtNE INNOCF.NCE TRUST (the Twstl for thc year ¢lld¢d 30 S¢pt¢mbcr 2()23. R¢5ponsibilities and basis of rlpvrt As Ihc chariry, Iru.%tecs of th¢ l-ru.fi i'ou are respon8ibl¢ for the preparation of the accounts in accordance wilh ihe requirements ofthe Chanties Act 2011 I'ihc ALt'). I repx)rt in respect of my examination of the Trust's accounis carricd out under Scciion 145 of dic Act and in carying out m}. cxaminaiion I hav¢ followcd all applic2bl¢ DirCCtion givcn by thc Charity Cominission under Section 1451511bl of the Act. Ind¢p¢ndent ¢'xaminer's statemi'nt I have coinpleled my exaniinalion. I conflrm thal no materi1< I mailers have come to my aiiention in connecrion with the cxaininaiion giving mc cause io bclieve ihat in any mai¢rial r¢spc¢i'. accoiinting records were not kepi in respect of thc Tn]st as qUired by S¢ction 130 of Ihc Act: or the accounts do ni)t accord w'itli thosc rccords: or IhL ac¢i)uni.4 do not ¢omplv with IhL applicabl¢ rn'quirem¢nt% concerning Ihc fi)rm and content of accoullts sei out in Ihc Charitics IAccouni% and Rcportsl Regulation.% 2008 other than any requiremeni thai IhL ac¢ounL% give a true and fair vic. which is not a matter Lon8idered 3$ part of an indepcndeni cxarnination. I have fto LvnL¢rn% have Lome aLtobs rtv other mduers in LonneLtion with the examination to ivhich attention should be drawn in thi% report in order lo enable a proper understslldin¥ of the accounis io be reached. NldT)' E Rydn Ark ALcoiinldnLy Liiniled Chanered Ceriified Accouniant 31 Cheam Road Epsorn SutrcN' KT17 IQX 27 July 2024 Page 5
DIIYINE INNOCENCE TRUST Staiem¢nl of FindnLial Activitie for Ih¢.-Year Ended 30 Se lember 2023 30.9.23 Tothl funds 30.9.22 Tothl funds Unrestricted tund Re5tricicd nd Notes IVCOME AWD ENDOIVMENTS FROM Doiiatiuns dnd l¥gaLl¥b 65,326 65,326 39,346 Charitable activilies Promotion L)f ihl Catholic faith 1,871 3.7¥6 InvesimLnt income Oiher income 5.610 620 5.610 620 7,980 Total 73,427 EXPLliDI"I'LRk ON Raising funds 2.206 2.206 Charitable activitie5 Protnoiion of the Cdthulic laiih 9h,445 96.445 92,428 Tot%1 98,651 98.651 92,428 Nbl. If4coMD{EXPENDII'URLI {25,2241 125.2941 141.3161 RECONCILIATION OF FUINIDS ToLqI fi)nds broubFhi fonvard 6(W.Y46 i.000.ouo 1,609,946 1,651,262 TOTAL FU.YDS CARRIED FORIVARD 5¥4.722 l.(K)O.O(X) 1,5X4,722 1,6(19.946 Thc noi¢s forni part of thcsc financial sialcmcnis Pabtre 6
DIVINE INNOCENCE TRUST BalallLe Shttt 30Se iember 2U23 30.9.23 Total tiinds -10.9.22 Total nds Unr¢stricl tund Rc5trictcd tiind Notes FIXED ASSETS Tangible Heniage a%sei* 5.14.¥34 534.X34 1.100.000 53A.628 1.100.000 I.100.(K)O 534.834 I.100.(M)O 1.634.834 1.638,628 CURRENT AS8V.TS SioLk% 15.386 15.149 2.S.673 15.386 15.149 25.673 14.712 13.514 46.255 Cash dl bank and in hand 56.208 56,208 74.481 CREDITORS Arnounts fallin¥ due within ollc year 10 16.3201 16,3201 {3.1631 iIET CURRENT ASSETS 49,888 49.888 71.318 TI)TAI..4.8SF,TS LESS CURRENT LI.IBILITIE. 5R4.722 I, i 00.oon 1.684,722 1,7(W.946 CREDIT()RS Aini)unls I11117 due after more ihan one year 1100.(K)O I 1100.0001 I l(K).000) IET ASSETS 584.722 i.00().000 1.5¥4.722 1,61W.946 FUNDS Unre5thcted funds Rcsrricted fvnds 13 584.722 i.000.uoo 609,946 I,0,000 TOT.4L FUNDS 1.584.722 1.609.946 The financial siatemenLS were approved by ihe Board of Trustee% and authori%¢d for i.$4ue on 27 July 2024 and were si¥ned on iL% behalf by.. P M De Mcnc7.cN- TTU5tee Th¢ note% forn) part of thcsc ftnaneial statcmcnts PabTe 7
DIVINE INNOCENCE TRUST Notes tu ihe FinanLial Sta em for the Year Ended 30 Se iember 2023 ACCOUNTING POLICIES Basis olpreparing the finAnci91 statements lThe financial %Lgiemenls or the chaTily. which 1.% a public benefji eniiiy iindei FRS 102. have been prepared in dLcoidanLe wilh Ihe Charities SORP IbRS 1021 'ALLounting and RLporting by ChariiiLs.' Statement of Recon}end¢ Practice applicable to Lhutilies preparing th¢ir accounis in accordanLL wilh thL Financial Rcportinb Stiind<tid appliLablc in thc UK and RepubliL ol- Ireland IFRS 10?) letTcciivc l January ?0191', Financial Reponing Siandard 102 Thc FiiidnLial RLporting Siaiidard applicablc in tlic UK aiid RLpublic of Irclaiid, and thL Ch£trÈtiLs Act 2011. The tinancial %iatcinellls hdN'e bLLn pr¢parLd under th¢ hisii)rical cosi convention. inancial repurtillLV 5tAndard 102- reduL( dis¢lThsur¢ i'xemptions ThL chariiy has thk¥n advaniagTe ol- the tollowinb disLIoburL cxLmption iii prcparing thLSC liiianLial slalLmLrtts, as peTtnitlLd by FRS 102'ThL Financial Reponitig SIwLidxrd dpplicable in thL UK and RLpublic of Ir¢land': the IcquiremEnts' ol'ScL¢ion 7 SratLmcnt of Cash Flows. IncoTnL' All incoiiie is recognised in the Sialement ol. Financial Aciivilie% once ihe char]ly has enliilemeni to the funds, li is PTobELbl¥ Ihai the inLome will be received and th¢ amount Lan measiired reliably. Eipenditure LiabilitiLs arc re¥ognised a% cxpcnditurc as soon IhLre is a legal or ¥onstruLiive obligaiion Lommitting the Lharity io Lhai expenditui¢. il 15 probdbl¥ ihat a tran%fer of eLoiiomiL b¥n¢f115 will be rwuired in %e¢il¥meni atid the amouni of Ihe obltgaiion be mea%llr¢d reliably. EXnd1[ure i% aL¢ounitd tor on an aLLruals bdSLS dnd ha% been classified under hea(Jings Ihai aggrLgat¥ all co%t related 10 the Laie¥Tory. M'here Losts cannot b¢ directly aitribuied to particular headings diey have been allaled 10 Jctivities on a basis consisieni with ihe use of resourccs. Tangihle fixed assets DepreLldiion i.4 i<ilLulaied ill d fdie io ii'riiL off ihL LO%t ot-iangjible lix¢d tsstts oi'er their e%iimated u%etul lives. Iiem% ot-¢quipmeni with a purchase price of £250 or les% ar¢ noi Lapiialised. The rates applied per annum are as lullowb-. Office Equipmini ItL'ms used in wtsrship Moior vcliiclcs Freehold land and buildiiigs 33 /0 reducing balance IO/uCOSI 15 /u reducin¥T balance No deprcciation hds. been dpplied lo trL'chold property as Ihc PTopcnic% are maintained to such d Standard thai the e5timdtd residual value is not lebs than ¢0sL. Ileritage a55ets During !(11011 l a farm was donaicd lo thc chaTily. The Iransfcr nf thi% propeny was rcgislcred on $.3.1 l and the Jnatkct value. including suttounding lands ol- l acrcs, was shown on ihL LomplLlion tsl- rLgisiration by dic Land Registry ai a markci value of £ 1.100.000. The lam is known a% BcthlehL'm Fann. and has becn used for %ome years by DivinL InnuLLnce Tru%t. As (he farm a 16th century listed building (Ind th¢ Ivmi% of th¢ Lranster prohibit li being sold it is considered ds a hcritabFC d5SCt Ihai 1% a p¥m)ancnt Cndo,meI)I of the chdrity. Stocks stocks arc valued ai the lower of cosi and nei realisable valu¢, afier making dlle allowance for obsoleie and slow moving items. Taxation The Lhariry is ¢xernpt from tdx on it5 Lhat]tablc aciivilies. Fund acc(bUnting UnrL'bifi¢¢Ld lunds can bc uwd in aecordancc with the ¢hdlitable obje¢iives ai thc di%cr¢tion of the ITuslee5. Page 8 cuniinued...
DIVINE INNOCENCE TRUST Notes to the Financial Siatement8- continued for (he Year Ended 30 S iembei 2023 ACCOUNTI%'G POI.ICIES-£ontinued Fund ac¢ountink Rcslncled funds can only bc used toi P<lrticular rcsiiiciLd purwscs within thc ohjccrs of the charity. RLsirictions arise when specificd by thc dlinor or wh¢n funds ar¢ rai.%cd for particulai restriLicd purposcs. Further ¢xplanaiion of the nawTC and purposc of cacli fi]nd 1.% includcd in tlie noies to the linancial siatemcnts. Pension e05ts and oiher posl-relirement benefits I'he charity operaies a defined contribution pension Schcme. Contributions payable 10 ihe charity's pension Lheme are charsyeij to tlie Siaieinen¢ ufFinanci81 Actil'ities in the period lo ivhicli Iliey relate. IINN'ESTPWIENT INCOIME 30.Y.23 Renib re¢ciwed 5.610 7.980 TRUSTEF.S' REMUNERATION AND BENEFITS There w¢rc no tru.%¢ees' remuneration or oiheT bcncfit% for thc ycar cndcd 30 SL'Ptember 2n23 nor for the year cndcd 30 Scplcinbcr 2022. Trustee5' expen5¢5 Tlicrc wcrc no try%iccs' ¢xpcn5¢% paid for tlie ycaT elldcd 30 Septembcr 2n23 nor for thc year ended -ln 5epicMr 2022. ST,IFF COSTS The average monthly niimEKr of cmployecs during (he year .3$ as follows.. 30.9.23 3n.9.22 Dirccl charttablc No cmploy¢es rcceivcd cmoluincnL% in cxccss of £6Q.000. COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fuiid RcsiTl¢(cd fund Total fvnds IINCOME AND ENDOM'MENI TS FROM Donaiioll% and lega¢i¢s 39.346 39.346 Charitable activities ProTnotion of thc Catholic laith 3,786 3.780 Inve¥tment iiicome 7,980 7.980 Total EXPF.NDITURE ON Chariiable aetivitles Proniolion of the Catholic faith 92.42% 92.428 Page 9 continued...
DIVINE INNOC'ENCI TRUST Notes to the Fiiiaiicial Statement%- Lonlinued for the Year Ended 30 Se tember 2023 COMPARATIVES FOR THE STATEMENT OF FI%4ANCIAL ACTII'ITIES- continued nretrici¢d fui)d Restricred fund Total runds NET INCOMEI(EXPETrJDITUREI 141.3161 141.J161 RECONCILIATION OF FUNDS Total filnds brought fonwdrd 651.262 I,000.O(K) 1.651262 TOTAL FUINDS CARRIF.D FORWARD 61)9,946 1,000,000 1,609,946 TANGIBI.E FIXED ASSF.-r8 Fixiures, plant & office cquipmcni FrLhold pro[try Worship Moior vLhicles Totals COST At l October 2022 Additions 511.137 25,736 61,055 608 53,567 651,495 608 At 30 8epiemb¢r 20?3 25.736 61.66.1 5.3.5C)7 652,103 DLPIiECIA'I'ION .41 l Uctober 20?! Charge for year 22.X3Y 32? 60.228 515 29.800 3.565 112,867 4.407 At 30 Seplember 2023 23.161 60.743 33.365 117,269 NET BOOK VALUE AI 30 Septlinber ?0?3 2,575 920 20,?02 534,834 AI 30 S¢piember 2022 511.137 2,897 827 23.767 538,628 Freehold property consisis 01. 13 <iiid 14 Adams Close. Surbiton. Surrey costing £369989.These propenies are iwatcd on th¢.SllL of th¢ Manor Housc coni'cni. Thc propcrtics ai 13 and 14 Adam% Close are sinjated on the sile of the Manor Ilouse convent 'hICh is of special religious SilfICanCc tu thc benelaciors ot th¢ Di¥'inc Inn()CLnce "Iru.%t th¢ inicntion 1.% ¥ennllY io buy more propertie5 in thi5 drea dnd build a LhuiLh. usiiig lui)d5 dondled for Ihi% purpo.%¢. Th¥5e funds .¢[ pr¢viously helJ In d resiri¢t¥d tund &s diferred income this ha% noiv been released the funds hdve been used lu purch<¢ the land al Stsplelield. As il is nui enNi.%a¥ed th(ti ihebe prupeflieb will el'er be sold the trubiees do noi fe¢1 it appropriat¢ 10 depreciate or rei'alue thein. They are nuintained ai %uch a siandard a% lo laLilitaie the work ol. thL Lharity. li is possiblL that (heir current markei alue Inay be in thL ordLr 01 £75O.000 cach but no profcssional valuaiion has bccn don¢. During Ihc year Mrs Patricia de Menezes, a director of thL Injstee company. resides on ihe lop floor of14 Adams Close in a voluniccr carrfakLr role. Page 10 coniinued...
DIVINE INNOCENCE TRUST Noteb to the FinanLial sleMen[b- continued for ihe Year Ended 30 Se lembeT 2023 HF.RITAGE A.SSETS Toial MARKET VALUE At l OctvbLr 2022 and 30 SeptLnib¢r 2023 1.100.000 NF.T BOOK V ALUE At 30 Septcmber 2023 I. I IK).()O AI 30 September 2022 i. i 00.000 STOCKS 30.9.23 StoLk4 15.311h 14.712 DEBTORS: AMOUNTS FALLING DUE II'ITHIN ONF. YEAR 30.9.23 DLbii balances on purcha%c Icdgcr Tax on gift aid Prepdyments 1.495 9.173 4.481 2.795 6.251 4.4h8 15.149 13.514 10. CREDIT()RS: AMOLINTS FAI,I,ING DUE WITHIN ONE YE,IR 30.9.23 30.9.22 "I"radc crcdilor Taxation and social securiry Other crcdilors 2.058 I.ooR 3.254 902 612 1.649 6,320 3.163 Page 11 continued...
DIVINE INNOCENCE TRUST Noie.% to the FindllLldl Stdlem¢nis- Lvnlinu foi Ihe Year Ended 30 Se lemb 2(123 CREDITORS: AloUNTs FALI.ING Dllb: AFI'LR MORE THAN ONE YEAR 30.9.22 Other creditors ioiTr,uiio IUO,(K)O 12. LOAf*S An atlY15 01.ihe maturily ol'loans is given below.. 30.9.23 30.9.?2 Amouiils fallinby due between iwo iiiid flve years". Other I5- ?_5 years 100,000 100,(K) 13. MOVEN1ENT IN bUNDS Nei movemeni in I'und Ai 1.10.22 Ai 30.9.23 Unrestricted funds Gencrnl fund 609.946 125.224 584,722 Resiri¢ted funds Flouse FuRd I.000,O(K) 1,000,000 TOI"AL DUNDS 1.609.946 125.2241 1,584,722 Nei fflovctnenl in lunds, included iii ihe abov¥ are as follows.. Lncotning rcsources Resouices expcndcd Movemenl in fvnds Unre5trhcted funds Gcneral lund 73.427 198.651) 125,?24) TOTAL FUNDS 73.427 198,6511 125,224 Page 12 continucd...
DIVINE INNOCENCE TRUST Notes the FinanLial 8¢otemeni%- Loniinued for the Ended 30 Se leTHbei 2023 13. lovElF.T IN FUNDS- continued Comparatii'cs for movemcnt In funds At movemcnt in lunds Ai -3(Tr.9.22 Unrestricted funds Gelleral fun(1 651.262 141.3161 609.946 Restricted funds Housc Fund i.ooo,ooo I,()n().noo TOTAL FUNDS 1.651.262 141.3161 1,609.946 Cornparativc ncl Inovcment in fund. includcd in the above arL as follows.. Incomin¥ rcsourcc Resources expcnded Mnvcmcnt in funds L'nrestricted funds Gcncral fi]nd 192,4281 141.316 TOTAL FUNDS 192.4281 (41.3161 14. REI.ATED PARI'Y DISCLO.SIIRLS The charity pri)vid¢d thc prcmisc8 al Adams Close rcnl-frcc to the compan) The Fomily of DiIne Innoccncc Co Lid. which is now dortnant. An inleie%t free Iodn was gyiven 10 the ChariTh in 2012 ot- £IOllk bv Marc Savoy, DireLtor of the Family of Dii'iDe Innoience Co Lid. There are no condilions on this Iodll. Pagc 13