THE ORDER OF THE MOST HOLY SAVIOUR OF ST. BRIDGET Trustees’ Report
The trustees present their report and financial statements for the year ended 31 December 2024. Objects
The objects of the charity are the promotion of religion, religious services, and instruction for the local community. The charity also engages in care and counselling of depressed persons. It encourages the spreading and sharing of God’s universal love.
Trustees
The trustees of the charity during the year were as follows:
Valsamma Kattakayam – Abbess General Cicily George – Mother Superior Therese Nazareth - Assistant
Review of activities
The Order has continued to support activities and provide services in its areas of operations. The guest houses owned and run by the charity in Iver Heath and in Holywell, Wales have continued to provide facilities to the community, and a trading surplus as a financial contribution to the Order's wider activities.
The Foundation at Maryvale Theological Institute, Birmingham, continues to support the work of education and training in theology, philosophy and catechetics under the auspices of the Archdiocese of Birmingham.
Trustees' responsibilities
Charity law requires the trustees of a charity to prepare financial statements for each financial period that give a true and fair view of the state of the charity's affairs and its income and expenditure. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently.
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observe the methods and principles in the Charities Statement of Recommended Practice (SORP);
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make judgements and estimates that are reasonable and prudent.
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follow applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls,
financial and otherwise. They are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)
Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Order of The Most Holy Saviour St Brigida - I
Profit and Loss Report
01 January, 2024 - 31 December, 2024
| Sales | Sales | |
|---|---|---|
| 4000 - Donations Received - Non Gift Aid, IVER HEATH 28,748.00 |
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| 4001 - Donations Received - Non Gift Aid, CLOSED 1 JAN 2020 2,064.00 |
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| 4400 - Fund Generation - Iver Guest House 80,924.99 |
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| 4700 - Interest Received IVER C.A - 65120183 443.61 |
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| 4703 - BANK INTEREST - 05102847 158.29 |
||
| 4704 - BANK INTEREST REC' 65119673 144.36 |
||
| Total Sales | £112,483.25 | |
| Direct Expenses | ||
| 5000 - Church & Community Exp, Iver Heath 31,415.26 |
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| 5002 - Donation/Gifts - Iver Heath 25,592.13 |
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| 5003 - Donations/Gifts - Holywell - CLOSED 01 JAN 2020 452.40 |
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| 5004 - Food Costs - Iver Heath | 14,950.39 | |
| 5006 - Household - Iver | 6,730.45 | |
| Total Direct Expenses | £79,140.63 | |
| GROSS PROFIT / LOSS | £33,342.62 | |
| Overheads | ||
| 7002 - Water Rates | 1,408.48 | |
| 7003 - General Rates | 4,937.31 | |
| 7104 - Premises Insurance | 3,475.84 | |
| 7105 - Electricity | 9,430.70 | |
| 7106 - Gas | 860.29 | |
| 7107 - Oil | 8,223.94 | |
| 7200 - Travelling/Parking | 5,489.97 | |
24 Sep 2025 14:02
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| 7301 - Postage and Carriage 10.28 |
|
|---|---|
| 7350 - Telephone and Fax 2,139.23 |
|
| 7353 - Mobile Charges 41.66 |
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| 7401 - Equiptment/Machine Maintenance 1,055.15 |
|
| 7503 - Premises Expenses 35,913.27 |
|
| 7504 - Miscellaneous Motor Expenses 290.08 |
|
| 7505 - Vehicle Fuel 591.56 |
|
| 7507 - Vehicle licences 190.00 |
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| 7509 - Car Insurance 827.57 |
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| 7606 - Sundry Expenses 916.66 |
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| 7701 - Bank Charges - Iver Heath 449.05 |
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| 7902 - Accountancy Fees 2,878.00 |
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| 8000 - Property - Leasehold Depreciation 17,542.80 |
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| 8001 - Plant/Machinery Depreciation 1,214.11 |
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| 8002 - Furniture/Fitting Depreciation 1,944.83 |
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| 8003 - Vehicle Depreciation 829.20 |
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| 8004 - Equipment Depreciation 319.95 |
|
| Total Overheads | £100,979.93 |
| NET PROFIT / LOSS | -£67,637.31 |
24 Sep 2025 14:02
Page 2 of 2
Independent Examiner’s Report To the Trustees of
THE ORDER OF THE MOST HOLY SAVIOUR OF ST. BRIGIDA
Our report on the financial statements of the Order of the Most Holy Saviour of St. Bridget for the year ended 31[st] December 2024.
Respective responsibilities of the Trustees and Examiner
As described on page 2 the charity’s trustees are responsible for the preparation of the financial statements and they consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied ourselves that the charity is not subject to an audit and is eligible for an independent examination, it is our responsibility to;
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Examine the financial statements (under section 145 of the 2011 Act)
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Follow the procedures laid down in the general directions given by the Charity Commission (under section 145 (5) (b) of the 2011 Act and
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State whether particular matters have come to my attention.
Basis of Independent examiner’s report
Our examination was carried out in accordance with the general directions given by the Charity Commission. Am examination including a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning ant such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements, my report is limited to those matters set out in the statement below.
Independent Examiners Statement
In connection with my examination no matter has come to my attention.
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Which gives me reasonable cause to believe that in any material respect the requirements.
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to keep accounting records in accordance with section 130 of the 2011 Act and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice – Accounting & Reporting by Charities have not been met or
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To which in my opinion attention should have be drawn to enable a proper understanding of the financial statements to be reached.
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