2024-09-30-accounts - Divine Innocence Trust

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REGISTERED CHARITY NUMBER: 296780

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 September 2024

DIVINE INNOCENCE TRUST

Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street Ewell Epsom Surrey KT171RW

DIVINE INNOCENCE TRUST

Contents of the Financial Statements for the Year Ended 30 September 2024

	Page
Report of the Trustees	to	4
Independent Examier's Report	5
Statement ofFinaneial Actvities	6
Balance Sheet	7
Notes to the Financial Statements	8to	13
Detaied Statement of Financial Activities	14to	15

DIVINE INNOCENCE TRUST

Report of the Trustees for the Year Ended 30 September 2024

The trustees present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The main aim of the Trust is the advancement of the Roman Catholic religion through the spirituality of Christ's Divine Innocence. The work of the Charity is for the benefit of all. Its work is based predominately in Kingston upon Thames, Surbiton and Bethlehem Farm, West Sussex. Through organised events, education, premises and various material assistance we aim to help any organisation or individual within the capacity of the Trust who needs spiritual or practical help. Particular emphasis is on the following:

Growing in the knowledge and practise of the Catholic Faith
Promote study of the Catholic Faith.
-To work towards healing those who have been damaged by the circumstances of their lives.
Provide a support and advice for all who want to pursue systematic study of the Roman Catholic faith
Foster co-operation between men and women in their separate and complimentary God given roles.
Support of families and priests.
Support those who wish to live the spiritual life of the Holy Family.
To build up and carry out our work within a supportive community environment.

In line with the aims stated above the charity sought to carry out the following objectives this year

Organise days of Reparation on the First Friday of every month. This involves a walk of Christian witness, service of remembrance, and prayer.
To support persons who have been involved in abortion, the knowledge of which remains confidential. To facilitate the process of spiritual healing caused by involvement in abortion.
Monthly days of recollection and retreat for prayer, study and common meal.
Support prayer groups and individuals in the UK and abroad who wish to have a deeper knowledge of Catholic Christianity, live the spirituality of Divine Innocence and participate in this work.
Provision of two town houses and the Bethlehem Farm for the objectives and aims of the Charity.

Significant activities

The core activity of the charity is that of the promotion of the Catholic Faith through the spirituality of Divine Innocence. This involves the care of priests and families with particular attention to reconciliation and education.

Bethlehem Farm has been used and continues to be developed to serve the above objectives and aims of the Charity.

Volunteers

The charity relies on the services of volunteers to maintain the upkeep of its premises. On average 3 volunteers assist with the upkeep of Bethlehem Farm near Crawley and 4 volunteers assist with the premises in Adams Close, Surbiton.

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DIVINE INNOCENCE TRUST

Report of the Trustees for the Year Ended 30 September 2024

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The work of the Divine Innocence Trust consisted of the following activities and provisions:

Monthly days of Reparation. This involves a walk of Christian witness, service of remembrance, prayer and study.
Monthly days of recollection and retreat for prayer, study and common meal.
Weekly online Prayer via Zoom.
Visiting and supporting prayer groups and individuals in the UK and abroad who wish to have a deeper knowledge of
Catholic Christianity, live the spirituality of Divine Innocence and participate in this work.
Bethlehem Fann has a complete level one, two and tree Atrium where the Catechesis of the Good Shepherd takes
place.
Short stay accommodation for individuals and families who wish to grow in the Catholic Faith and learn more about
the spirituality of Divine Innocence.
Talks and resources were provided to help individuals to begin or advance in study of the Catholic Faith.
The printing of devotional books
Provision of a small study and lending library for anyone who wishes to deepen their knowledge of the Catholic Faith
through study.

FINANCIAL REVIEW

Financial position

This year the Charity's income was £78,198 (2023 £73,427) and expenditure £94,845 (2023 £98,651. This resulted in a deficit of 16,647 (2023 deficit of £25,224). The year ending 2024 saw an increase in income of £4,771 and expenditure decreased by £3,806.

The financial situation improved slightly this year with income increasing modestly. Expenditure decreased by £3,806 this was due mainly to a reduction in property costs. This means the overall deficit has improved. It remains the case that property and staff costs are the main charitable expenditure.

We are always encouraging regular giving directly into the bank as this does give a more stable income for the Charity. This did increase the regular donors but only meets a third of the monthly fixed property costs (Council tax, Insurance, Utilities). We have made various regular emergency appeals which have been responded to and kept the Charity functioning fmancially.

Reserves policy

The reserves policy of the charity is to try and maintain at least six months of expenditure as reserves.This is not possible in the current financial situation

FUTURE PLANS

The priority is to make known the message of Christ's Divine Innocence within the Catholic Church. An expansion of using digital means is a very important objective. We will seek to minimise property costs, but staffing is at a minimum to run the administration and Bethlehem Farm. Printed publications will also remain an important part of the work of Divine Innocence as this is the primary means of support and communication with existing benefactors.

A large part of the agricultural land at Bethlehem farm will continue to be rented on a Farm Business Tenancy until 2027.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity was established by trust Deed on 6th May 1987 as amended by supplemental Deed on 9th February 2007. Its governing document is its trust documentation.

Recruitment and appointment of new trustees

Under a supplemental deed dated 9.2.07 the existing trustees of the charity appointed 'The Family of Divine Innocence Company Limited' as the sole trustee of Divine Innocence Trust.

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DIVINE INNOCENCE TRUST

Report of the Trustees for the Year Ended 30 September 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Directors of The Family of Divine Innocence Company Limited consist of long standing members of the community of Divine Innocence. There are eight at present but there must never be less than three.

Directors of the Corporate Trustee when appointed are directed to study the Charity Commission's guidance for charity trustees to be familiar with their duties towards the Charity. Where necessary experts and appropriate professionals will be consulted or employed to assist the Corporate Trustee in carrying out its legal obligations.

The Family of Divine Innocence Company Limited must meet twice a year when the work of the Charitable Trust will be an agenda item. Directors may call for an Extraordinary General meeting at any time.

Related parties

The sole trustee of Divine Innocence Trust is the corporate trustee The Family of Divine Innocence Company Limited. The directors of this company are Patricia de Menezes, Katherine Fox, James Mulloy, Kathleen Mulloy, Liz Gregory, Su bash De Menezes, Patrick Kelly, Marc Savoy and Christine Goddard.

Public Benefit

The Corporate Trustee believes the work of the Charity is for the benefit of the public. A review of the Objectives, Activities, Achievement and Performance demonstrate the Public Benefit of the work of the Divine Innocence Trust. Although the main beneficiaries are Roman Catholics our facilities, places of prayer and services are open to all and we encourage our members to invite all who wish to participate. Publications and religious items are sold with the smallest margin possible above cost the aim is not profit but widest availability. There are no fees for the facilities of the Trust although voluntary donations are accepted.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 296780

Principal address

PO Box 676A

Surbiton

Surrey KT5 8WR

Trustees

The Trustee of the Charity is 'The Family of Divine Innocence Company Limited', company number 5720055, limited by guarantee. Mrs Patricia de Menezes, a director of the company, is authorised to sign the Trustees' Annual Report and the Balance Sheet as a representative of the Corporate Trustee.

Independent Examiner

Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street Ewell Epsom Surrey KTl7 IRW

Bankers

National Westminster Bank pie 10 Victoria Road Surbiton Su y KT6 4JY

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DIVINE INNOCENCE TRUST

Report of the Trustees for the Year Ended 30 September 2024

Approved by order of the board oftrnstees on ./6�A .. ?,Cl_Z,§ and signed on its behalf by: Ju.j ..

Mrs P M De Menezes - Trustee

Page4

Independent Examiner's Report to the Trustees of DIVINE INNOCENCE TRUST

Independent examiner's report to the trustees of DIVINE INNOCENCE TRUST

I report to the charity trustees on my examination of the accounts of DIVINE INNOCENCE TRUST (the Trust) for the year ended 30 September 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect ofmy examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Ac t.

Independent examiner's statement

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

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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

Mary E Ryan

Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street

Ewell Epsom Surrey KT171RW

22 July 2025

Page 5

DIVINE INNOCENCE TRUST

Statement of Financial Activities for the Year Ended 30 September 2024

				30.9.24	30923
		Unestrcted	Restrited	Total	Total
		fnd	fnd	fnds	fnds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		68,735		68,735	65,326
Charitable actvities
Prmotion of the Catholic fith		2,902		2,902	1,871
Investment income	2	6561		6,561	5,610
Other income					620
Total		7,198		78198	73,27
EXPENDTURE ON
Raising funds		4,49		4,9	2,206
Charitable activiies
Prmotion of the Catholic fith		90,349		90349	96,445
Total		94,845		94,845	98,651
NET INCOM/(EXENDITUR)		(16,647)		(16,647)	(25,224)
RCONCILATIN OF FUNDS
Total fnds brught frward		584,7	1,000,000	1,584,7	1,609,946
TOTAL FUNDS CARRID FORWARD		568,075	1,000,000	1,568,075	1,584,7

The notes fonn part of these financial statements

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DIVINE INNOCENCE TRUST

Balance Sheet

30 September 2024

				30.9.24		30.9.23
		Unestrcted	Restricted	Total		Total
		fnd	fnd	fnds		fnds
	Notes	£	£	£		£
FIXED ASSETS
Tangible assets	6	532,669		532,669		534,834
Heritage assets	7		1,100000	I 100,000	1,100000
		532,669	1,100,000	1,632,669	1,634,834
CURENT ASSETS
Stocks	8	16,048		16,048		15,386
Debtors	9	4,91		4,91		15,149
Cash at ban and i hand		17 025		17 025		25 673
		38,034		38034		56,208
CREDTORS
Amounts fling due within one year	10	(2628)		(2,628)		(6,320)
NET CURENT ASSETS		35,406		35,06		49 888
TOTAL ASSETS LESS CURRENT
LIBLTIS		568075	1,100,000	1,668,075	1,684,722
CREDTORS
Amounts flng due afer more than one year	11		(00,000)	(100,000)		(00,000)
NET ASSETS		568075	1, 0000	1,568,075	1,584722
FUNDS	13
Unresticted fnds				568,075		584,7
Restited fnds				1,000,000	1 000,000
TOTAL FUNDS				1,568,075	1,84722

The financial statements were approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by: /6.'!:6.j/ "2o•2/S

1> /, L o o M.. ....4 '(Le'TU K P M De Menezes - Trustee

The notes form part of these financial statements

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DIVINE INNOCENCE TRUST

Notes to the Financial Statements for the Year Ended 30 September 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 20 11. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102- reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic oflreland':

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. Items of equipment with a purchase price of £250 or less are not capitalised. The rates applied per annum are as follows:

Office Equipment 33% reducing balance Items used in worship 10% cost Motor vehicles 15% reducing balance Freehold land and buildings nil

No depreciation has been applied to freehold property as the properties are maintained to such a standard that the estimated residual value is not less than cost.

Heritage assets

During 2010/ 11 a farm was donated to the charity. The transfer of this property was registered on 8.3.11 and the market value, including surrounding lands of 100 acres, was shown on the completion of registration by the Land Registry at a market value of £1,100,000. The farm is known as Bethlehem Farm, and has been used for some years by Divine Innocence Trust. As the fann is a 16th century listed building and the terms of the transfer prohibit it being sold it is considered as a heritage asset that is a permanent endowment of the charity.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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continued .

DIVINE INNOCENCE TRUST

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme, Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. INVESTMENT INCOME

IVSTMNT INCOME
	30.9.24	30.9.23
	£	£
Rents received	6,560	5,610
Deposit account interest	I
	6,561	5,61

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

		30.9.24	309.23
Diect charitable		4	2
No employees received emolumentsiexcess of £60,000.
COMARTVES FOR THE STATEMENT OF FIACIL	ACTIVITIS
	Unesticted	Resticted	Total
	fnd	fnd	fnds
	£	£	£
INCOME AND ENOWMENTS FROM
Donations and legacies	65,326		65,326
Charitable activities
Promotion ofthe Catholcfith	1,871		1,871
Investent icome	5,610		5,610
Other income	620		620
Totl	73,427		73.427
EXPENDTURE ON
Raising fnds	2,206		2,206

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

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continued...

DIVINE I OCENCE TRUST

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

5.	COMPARATVES FOR THE STATEMENT	COMPARATVES FOR THE STATEMENT	OF FINANCIAL	OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
					Unestrcted	Resticted	Total
					fnd	fnd	fnds
					£	£	£
	Charitable activities
	Promotion of the Catolc fith				9445		96 445
	Total				98,651		98 651
	NET ICOME/(EXPENDTURE)				(25,24)		(25,224)
	RECONCILIATON OF FUNDS
	Total fnds brought frward				609,946	1,000,000	1,609,946
	TOTAL FUNDS CARID FORWAR				584 7	1,000, 0	1,584722
6.	TANGILE FIXED ASSETS
					Fixtres,
					ftings,
					plant&
		Freehold	Worship		ofce	Motor
		prpert	items		equipment	vehicles	Totals
		£	£		£	£	£
	COST
	At I October 2023	511,17	25,736		61,663	53,567	652,103
	Additions			367	1 809		2 176
	At 30 September 2024	511,137	26103		63 47	53567	654279
	DEPRCIATON
	At I October 2023		23,161		60,743	33,365	117,269
	Charge fr year			321	988	3 032	4 341
	At 30 September 2024		23,482		61 731	36,397	121,610
	NET BOOK VALUE
	At 30 September 2024	5 1 1 1 3 7	2621		I741	17170	532669
	At 30 September 2023	511 137	2	575	90	20202	534 834

Freehold property consists of 13 and 14 Adams Close, Surbiton, Surrey costing £369989.These properties are situated on the site of the Manor House convent.

The properties at 13 and 14 Adams Close are situated on the site of the Manor House convent which is of special religious significance to the benefactors of the Divine Innocence Trust the intention is eventually to buy more properties in this area and build a church, using funds donated for this purpose. These funds were previously held in a restricted fund as deferred income but this has now been released as the funds have been used to purchase the land at Staplefield. As it is not envisaged that these properties will ever be sold the trustees do not feel it appropriate to depreciate or revalue them. They are maintained at such a standard as to facilitate the work of the charity. It is possible that their current market value may be in the order of £750,000 each but no professional valuation has been done. During the year Mrs Patricia de Menezes, a director of the trustee company, resides on the top floor of 14 Adams Close in a volunteer caretaker role.

continued...

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DIVINE I OCENCE TRUST

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

7.	HERITAGE ASSETS
				Total
				£
	MARKT VALUE
	At I October 2023 and 30 September 2024			I100,000
	NET BOOK VALUE
	At 30 September 2024			1,100,000
	At 30 September 2023			1,100,000
8.	STOCKS
		30.9.24		30.9.23
		£		£
	Stocks	16,048		15,386
9.	DEBTORS: AMOUNTS FALLNG DUE WITHN ONE YEAR
		30.9.24		30.9.23
		£		£
	Trde debtos	1,37
	Debit balances on puchase
	ledger			1,495
	Tax on gif aid			9173
	Prepayments			_
		4,961		15 149
1.	CRDTORS: AMOUNTS FALLING DUE WITH ONE YEAR
		30.9.24		30.9.3
		£		£
	Trde creditors		387	2058
	Taxation and social securit	1,154		1,008
	Other creditors	I	087	3254

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continued .

DIVINE INNOCENCE TRUST

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

			30.9.24	30.9.23
			£	£
	Other creditors		I 00,000	100000
12.	LOANS
	An analysis of the matuit of loans is given below:
			30.9.24	30.9.23
			£	£
	Amounts flng due beteen to and fve years:
	Other loans - 2-5 years		100000	100,
13.	MOVMENT IN FUNDS
			Net
		At	movement	At
		10.23	in fnds	30.9.24
		£	£	£
	Unrestriced funds
	Generl fnd	584,7	(6,647)	568,075
	Restrited funds
	House Fund	1,000,000		1,000,000
	TOTAL FUNS	1,584722	(6647)	1,568075
	Net movement in fnds, incudedithe above are as flows:
		Incoming	Resources	Movement
		resources	expended	in fnds
		£	£	£
	Unrestrited funds
	Generl fnd	7,198	(94,845)	(6,647)
	TOTAL FUNDS	78198	(94,45)	(6,647)
	Comparatives fr movement in funds
			Net
		At	movement	At
		110.22	in fnds	30.9.23
		£	£	£
	Unrestrited funds
	Generl fnd	609,946	(25,224)	584,7
	Restrited funds
	House Fund	1,000,000		1,000,000
	TOTAL FUNS	1,609,46	(25224)	1,584722

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continued...

DIVINE INNOCENCE TRUST

Notes to the Financial Statements - continued for the Year Ended 30 September 2024

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resouces	Movement
	resources	expended	in fnds
	£	£	£
Unrestrited funds
Generl fnd	73,27	(98,651)	(25,224)
TOTAL FUNDS	73,427	(98,651)	(25,224)

14. RELATED PARTY DISCLOSURES

The charity provided the premises at Adams Close rent-free to the company 'The Family of Divine Innocence Co Ltd' which is now dormant.

An interest free loan was given to the Charity in 2012 of £100k by Marc Savoy, Director of the Family of Divine Innocence Co Ltd. There are no conditions on this loan.

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