DIOCESE OF HALLAM
Roman Catholic Diocese ofHallam Trust
(Registered Charity No. 512021)
ANNUAL REPORT
AND FINANCIAL STATEMENTS
YEAR ENDED 31st DECEMBER 2024

DIOCESE OF HALLAM
(Romaii Catholic Diucese of Hallam Trust)
CONTENTS
Pagc
l & AdminislrdtlVL DLtai1s
AnnLiuI RLPI)rt
IndcpLndcnl Auditor'% Repi)rt
10- 12
SiatLmeni ()f Financial Acii%'ilic
13- 14
BalanLL ShLcI
15
La.8h Flo￿. St£1t¥incnt
16
N(ItL.% ti) thL FinJnLial St411LinLni.
17-32

PaL>e I
DIOCESE OF HALLAM
{Romgn Catholic Diocese of Hallam Trust)
Le
al & Administrative Details
Legal .%tatus
The RoinaIi Catholic DioLLse of Hallam Trust 15 a Lhari(ablL Irust, csldblishcd by a Trust Deed dated 28ih OLiober 1981. The
Chariiy Regisiration number is 512021. ThL charity is registered iviili il)c H.M. RLN'eiiuL & Custoiiis lor lax excniptioii purpuscs
uiider reteren¥e XNi7643A.
Thi Trusl is adniinislLrL'd by a Trust Corporalioii, Diocesc of Hallain Truslec, incorporaled 26ih Oclober 1981 aiid ivhose
Comi)any Regi.4iraiion NumbLr is 01593544. Diocese ot Hallam Trustec is a Compai)y Liiiiitcd by Ciuaranttyi iviih a IiLciiic
from ihi Si¢rLlJr! of Si(IIL fur Bu5inLss, Innui'ation & Skills lo dispcnse iviih ihe word Limiied trom ils name.
A￿ ai 31, DLLLmbLr 2024 Ihcrc wcr¥ 8 Meinbcr.4 of the FinanLL Lloard of Diocese of Hallain Trustee.
Directors of Diocese of Hallam Trustee {iYho served during the year)
(Aiioii'ii rt.f ,.Wleiiibers 1)f tlie Fiiian¢'e Bijar
Right RLI'LrLnd Ralph HL4kett. C.Ss.R.
Ms. C, Bailcy. RN, BEfvI
RivLrcnd D. HuinphriLs
H.H. S.J. Lyn¢li - AppL)Ini¢d 19" January 2025
RL'vL'fLnd P.D. ML(Jiiirc
RL'vLrLnd Mun.%ignor M.Ci. M¢Manu%, V.(r.- Appoinlicl 18, June 202.£
H.H. M.J. ￿li1rphY - RL%igni(I I I" l)¥X¥iiib¥r 2014
Rivirlnd C.M. PiTr%lus7.ny
Mr.% A.Nl. Rvulls
RLVLfLnd ￿T()nSi￿vnI)r D.M, SL Yt()n, V.li.
RevL'rLnd t)r. A.J. Strikc
.SecrelAri' tn the Ftnan¢e BoJrd of Dincese of HJllan) Trustee
E.J. Whittakcr
Ke). PersnI)nel:_
Fii)&ince Depl..- r..J. Illhilt1kcr
Schnol% f)cpl:_ A. r)ci¥,hiirs1 & R. S%iivycr
Principal .Iddi'L'4.s of C'harlt!,
&. RL'kFisterc'd Oflice i>f "I'ru%tL'e
Th¥ fJii)c¥sc pf Hcill4ini Pditi)riil Ccntrc,
St. C hirles Strc¢t,
Shcltield. S9 3WU
Principal Baiikers
HSBC, B&ink plc.
?? Th¥ M()()r,
Shcllicld. S12PA
.SolicitDrs
Insuraiice ￿laIla￿er5
Cath(Ilic Insiir<lliCL Service LimilcJ,
Siiilc 5. Oili)rd Fl(ILI%L. Oxt()ril R(12d
Th411ne, Oxfordshire. OX9 ?AI I
Tayl()r & Emmct LLP.
?0 ArundLI GiltL.
Sliel'lield. Sl 2PP
.4ccounlant5
Ini'cslment ￿lanagerS
RJiliboneb (iroup plc Ilni'esiec Weiilili di)d Ini'estment Ltd I,
Beech I louse.
I l Niipier Sireel.
Slierrield. S 1181 IA
11.'.I l. Prior
C'IIiL rtered Certified Accoiinlanls
R2L ilii'iy Coun.
Doncaster. DN4 5FB
.4uditors
1 £lrrei)s Accoiintii)ts Liinited
C'l)clrtered Certilied Account.Ints & St11 iuiory. Aiidiror
3JTliornc Roild.
Doncaster. DN I ?Hf)

Page 2
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
ANNUAL REPORT
Year Ended 31st Deceniber 2024
Th¥ TrusteL prcsei)Is ils RLI)Ort and FiiiaiiLial Sialeiiieiils for ili¥ YLar Endcd 31. DcLcmbLr 20?4. Tlii Statcniciits appLar ii) thc
tonnat rLquired by ihe Siaiemeni uf ReLummeniled PraLIiLe for Accountinu RLPOrting by Charitics prepariiigN their (ILcouni
in aLLvrdaiiLL i¥'iLh Il)i Fii)anLial Repuniii¥7 SiaiiJard appliLablL iii (hL UK aiid RLpublii uf Iriland (FRS I Q2) Chariiies SORP
FRSIO2.
HI8TORI' AND ORGANIS.4TION
The Romaii Caiholi¥ Dio¢esL of Hallam is a cl)aritable trnst, eslabli4hed by a Trust Deed d¢lted ?8th OLlober 198 I, amciidcd by
a diLd ot" i'arialioii d(iied ?O' July 2006. Tlii DioLe%L of Hallai)) ￿'aS torincd 01) 3011) Nlay I gso froin Ihc division ol'thL DioLeSL'
of LLeds aiid Notliiigl)an). Tl)L Trusl is a RcgisterLd Cliaril)., rcgislraiion nuiiibLr 512021 aiid its soIL TruslLL is Dioccse of Hallam
TrusleL deiailLd oil PagL l. Tlie objeLls of thL Lhariiy are'.-
'Tn ci<li'<inc'e ilie Romciii Cdiholi¢ Religic)ii in ¢he Hcill(Ini Dioc'i'Je by siic'h iiic'uii.% hciiix c.Jicii-Iliible ilie Bi.Ilic)p ofHÉillaiii
iiiai, Iliink- Jit aiiil pi'oi)er andfoi. tli¢ serw'ic¢ niid siipport itrheilier in ihe Hullaiii DiocesL) op. oiiisiile ilic. Hallaiii r)ioce.F
h!.¥Licli niean.i' a.% nfoYv.fÉii(l ofL17arildhle vvnrL% aiill objeL'I.¥ pi'niiinte¢l h}, tlie Cliiirch,,
Thi t)ioLe%L ()I' H&illani con%i.£ls ol- 52 P¢iri%hLS in IhL LQLini! i)l- S(iuth I'()rk4hirL. Pilrts ol-IhL High PLiik lind C'hesicrticld t)i.%iricts
()f r)Lrbv%hirL. and thu di%lri¢t i)I' Ba.4%Ltla￿' in Noiting,ham%hiri. Mu%.4 ullLndanLL li)r 20?4 a￿'Lr￿gLd l), I n6 {?0?3.. %,8101
STRUCTURE GOI'ERNANCE & NIANAGENIENT
Th¢ Ruman L.11 th(Ilie DiucL%L L)t Hiillain Tni4t is a chiiritl£ blL trult cst4iblish¢d by Tni%t D6Ld. Thc p(iiv¥r ol. £ippointmcni of
TnislLLS 1% ￿.￿N(Ld in ihL Bi%hup ul- H£illain. ThL Cl)arily 1.% adniini%tLfLd bv thL IrLlSt Ll)ryiiifiili(In DiiiLL%L ()f Halliiin TrLI.4ILI. 11
Liiinpiiny limiiLd by giLliiranlLL and ni)t hal'ing? %harL Ccipiial, rLgTi¥ILfLLI iindL'r thL C(IinpaniL'S ALls (Nu. 1115()35441. ThL dirLLiurs
()I-Di(IlL%I (It H1&11am Trii%lLL 11fL knoii'n a% NILmbir4 c)f Ihl FiniinLL B(142rd.
ThL %i)Ic tni%tii 1.% thL triist L()rpi)r&lti(In Dii)LLse ()I' H2111m TnistL¢. Thi Bish()p ()I' H<ill¢im ¢1ppoinl% IhL M¥mh¥r4 (If the Finc1rtce
Biiard uiidLr <iniLIL 311)I' (IIL TrLI.%I C'i)rpi)r£ltii)n's ArtiLILS ()I' A4%1)Lialiiin. ThL fvILinhLr.s lif thL FiniinLL B()drd Ll)IT)pri.*L LILf&FV
dnd l<iilv JiiJ 1lrL .IPP()in(Ld f()r their CXPL•rtj.SL. NeN¥' ML'inbLr% ()rthL Finic nLL BI)I1rd c?fL pri)i'id¥d iviih c)n inl(Inniltiiin P1( ck rL11i linb,
ti) IhL Ll)n4litLI(iiin, LFI)VLrn&lllLL cind iiPLfcltii)n cil. thL Lhiirity. (ind (IllgT{)inbT traiiiingF is priii'idLd ti) dll NqLinbLr%. ThL MimbLr% i)f
lh¥ Fiiidiicl Bo:Ird ii'ho %cn'cd dLiringy thL year, ill)d Lil the J:Il¢ ol- this R¥port arn. dLildil¥¢J on Pag¥ l.
Thi Fiii<lllCL B()£ird ()l- Di()CL.%L ()l- Hkill'ini TrLlStIC ImLCIs iippr()xim'itLly ci'Lry six ii'eLks. The Bo<ird rcecii'c% rcpi)rt.% Ir()iii .%ciiii)r
ol'ficci'% (iiid K'iifioLI.% coniniillcc%. CQli%iLlcri propo%&il% lor m¢ijor cxpendittire uiid. linder the leiider5hip ol- thc Bishop, scl% the
triltLgJic ¢Jircction i)I' Ihe chiirit)..
Tlic Sch()ol%' D¥P:lrtin¢nl bljl'L% 'idi'i¢c 11) C:iiholic. :Ind joini C.iiholic &inil Chiirch ()I' r'.ngtliind. %clio()l% in thl t)i(Trccsc. Thc
r)iOCC%iin Bi)&ird nl. F..diicJlion InL¥t4 fc¥TiilJrlv to hclp licili141tc Ihc Bislinp N I'i%iiin li)r ihc crciilii)n ol. livi) C';Iihnlic Miilti Aciidcm).
IruNt% J¢ro%ts th¢ diocL.sL. ThL Bn'ird niLet to siipport the Bishop Jnd tli¢ school% in a ￿.]d¢ r'in¥tre ol. ni41tlcrts. The Bniird coi)Iprises
af Bi%linp R.11ph, the r.piscop:Il Vie'ir lor School%. olticcrs ol. the Sch(Inl% t)ep:irtment Kind thL DirLCt()r nl. Fin<ince. Thc cr.o
(Il'st ClarL s :Iiid St Franci% CNIAT% <irc iii altLndancc a% ii(Iii_i'(Itin&J IllLn)hLrs. Thc t)iiiccs'11i Biiildinbi CiimmiitCL no11)l&illy mLCt
Iinc ivLik hLI()rc e'iLh Fin.Incc B(iard 11lLCtinLF. Th'it c(Iminittec Iniinit(Irs pr()pcnv niiiicrs in Inuri d¥PtlI 'ind repi)11S t() thL Fiiiilncc
Bn4lrJ Ki'ith their r¢ciiininoi)ddti()n%. It h()Id.. dclcL7atLd r¥Np(Insihil1t￿. li)r hiiilding pr(ijcct% h¢li)II' £4n.Qnn. Rci,. C. P(i%lu%7.ny
reprLNLlItLd tliL FiniinCL BI)Iird on the DincesiL n BLiilding7 Q oininittee, 1L nd the DirLCtI)r ol. Fiiianc¢ ¢ind Dii)ce$1L II Pri)pertJ' M&illi1gcr
Ire in attcnd'incc.
Tlie Iiii'eslnieiit Siib-coniniittee ot tlie Finiiiice Board ot Diocese ol. I lallim Trustee nionitc)rs perli)niiance and sets bei)climarks
for the iiivestiiiei)t iiiin1(Jers. The Siib_c'oinniittte coi)slSts ol-.It leilst one meiiiber ol. tlie Fii)ance Bi)Ird .Ind Il)rougThout 211?4 this
C'onimiltee c()nii)ribed c)1 Ilie Bisliup. Mr. S. I laiiloi). Rei".Nl&yr. M. McMIiius, iTriid the Director ol Fiii.11)ce. Tl)e DioceSI11) I lecilih
& S.Itety Siib-c'onimittee Iiiet re¥iilarlv in ?0?4
Diocesan Orninisations operate uiider the supern-isioi) of Il Member of the Fiiiance Board, as Executii'e of Diocese of I lallai)I
Trustee, or ? seiiior nieniber ot statt. operatii]<7 linder deleoition. Ik'lio reports to the Fiii<lnce Board.
Folloii'ingj tlie Elliott Rei ieiv. Il)e Tnistee s S<lteouirdiiii? Coiiiniittee iN'l< b fornied to replace tl)¢ Diocesln S<ifegLl<lrdinu
C'omniission in ?()*
Tlie Tnistee s Saleb7iiirdini7 Coniiiiittee nieets sei'eral iinies iL Ve1￿ r 1L nd presents reftiilar reports lo ihe Biihup
aiid Fiii'ince Board. Tlie trust recniited a lay Trustee iN'ith ¢xteiis1l'¢ SLlleiJiiardiii(i eiperience to cl)air tlie Trlltstee salegyii<2rdin¥
Con)niittee .?nd eiisiires that sat-euiiL2rdinu n11L rters 2L re <jji'en tl)e priorirN' Ilie). deseTh"e Ilt ei'er! tnistee board Iiieeting. The
Coniniittic sccks to implimciit Ndtion:Il <ind DiocitsLllI Policiis. Guidclin¢s and Proccdiircs on thi e<irL and
prcitLCti(Iii of childr¥ll illid i-liliiirablc iidulis aiid il-orks clo%¥lN' ii'ith Ilii C'Jtliolic %if¥llTlI'irdiiiiJ Sttiiid'ii'di A,,¥nc)' ICSSAI, Local
Sil¢ThOU,Irdii)o RcprLsent1I tll"LS in Ciich PLirish. 5alc<jiiardinv rcprescntltiN'cs in dioces111 oroanis1tions, ai)d rclLI'.Illt st1tutoTr bodiLS.

DIOCESE OF HALLAM
(Roman Catholie Diucese of Hallam I'rust)
ANNUAL REPORT (CoDtinued} Year Ended 31st December 2024
Parish Priests adminisler the linancial alyairs of thc Parishcs. acl a.4 agenls of Diocesc of Hallam TnE51LL. Thcy are assisied
by d Pari4h Finaiic¢ Coiiimitlec ivho offLr adi'iec and suppun. In Piiri.4hes, in DioLesaii org£ini5Jlions, Ihc Lharity relie4 on
thc ginerous suppori of a large number of volunteers ivho offer thcir titnc and skills freely.
PUBI.IC BENEFIT
ThL LLILbrdlion of Masb IS C¥niral to the Roinan Catholic faith, und Ihis is (he main use of th¢ 60 Churches opcratcd by ihe Lharity.
Nl'hilbl Sunday is ihc prii)¢ipal day uf wtsrship, many of our churchi% ari OP¥li ¢aLh day aiid arL aLLiS5iblL Iv all. Every w'cek ihe pari%h
Lommuiiity LUlllLS togLthLr Iv LLILbralL ihi my%lery ol. our faitli thc dcaili aiid resurreLlion of (lur Lord Je%us C.hrisl. PL'opli gFaihLr
in pray¥r aiid praisL oI(Tod, (ind io seek Clod's lielp aiid t"urgiji'incs5. AnyonL 1% IVLILOML lo allciid %cTh'iccs, or jubl io tskL a momLnl
iii a sa¢r¥J spaLL' fur PLaLL and %li11111s% iii ordLr lo pray aiid ihLfL 15 110 qULbtion uf 41ny fe¢ or charge.
'e al.£0 celebralc lh¢ 4aLramcnis, primarily within cach parish Communily. Mai)y of thc5c are linked to the mile%lunes in PLopIe'.
livL%. Ai Baplisni ali iiidi¥'idual biLolli¥s part of Ili¢ body of Clirisl, aiid part c)f Ihe Church. From Ihlir Firs1 Cummui)iuii Iliiy ar¥ abl¢
to take part fully in IhL Ciichari.%t. Ci)ntinnati()n affirnis them in ihLir faith and nonnally takes placc at ailuleqcencL. In M1rri<lg¢ thc
indiviLliial furtn% ¢1 C(ii'¢n'int ivith IliLif P11 rtnLr. ThL An()inlinby ()l-IhL SiLk* ¢?nd Ihc Sl¢ ¢f¢imcnt (Trf RLc()ncilialion are the tt4'0 sacraments
lif hL& ling* 41nd through Holy C)rdLr5 ordinalii)n as a Priist ()r dcaci)n IS LanfLrrLd.
Th¥ parish i)rie%tg and clcrgy gLiidc C<i¢h parish cominunity. IindLr IhL auihorily i)t-Ihc Bi%h()p. ii'ho is our shLphLrd and tcachcr. Klanv
Parish buildings arL alN() U%L.d for Social C￿'L￿tS anJ aLtifv itiLs that b¥llLlit Ihc ￿'Id￿r c(Trminunity.
Thruug)h DioLC%an AgF¢nLic% a ￿.￿dL f£ingL' uf 41rn'lLL% dfL' SUPP(1rt4d by thL DiiiLCSL. For LxamplL, thL Dii)ci>an Sch(iols' r)L'P£lrtmLn(
i%1% IhL ii'()rk of thc Vuluntary AiLILd C&itholic, and C¢iiholic Voliint&iry AL<idLiny.. %Lh()ul% in ihL Di()L¥%¥. thriiligih Irthinin¥, gyuidilllLI
and iidi'iLi to hLcidtL&lLhLr% and gyoi'Lrn()rs. Thi% in¢liidLs thL dLI'LliipmLnt anLI munit(Iringy of rLligFiUIIS L'duLation. IhL SLcli(In 4%
inNI)¢cti()n i)I' %Lh(11)l%. adi'i%inby {)n thL app(Triniincnt of SLni(Ir stiltl. ¢ind gilLLC%%lI)n p111 nning. p141nninb? of .4Lh(iol pla¢L% and thL
Inaint¥n<lllLL (ind i)ri)i'i%ii)n i)I' %Lhi)i)I hiiildinbFS. ThL' dL'PartinLni iv(Irk.4 Ll(>NLly ii'ith thL C.En% (Trnd DirLLt(Irs ()I' IhL livi) C'¢iili(IliL Multi
ALcTrdL'iny TrLls14, IhL l()ur iiiiinLi1s cind Iii'i) L(ILlllty L()LinLil% Ihiil L(Il'¥r (hi DiiiiLsL, thi (ji)￿'lmilr% ol- Vi)ILinl(iry AiJLd SLliu()1s. <ind
thL DiTiLlI)r% (>f %land¢l11)ni AL<idLiny Tnist%. TIIL r)i(ILL%¢in SLhii(>l%' BiiildinbT Fiind InL1kL% &Tfiini4 tu V()lunl¢iry AidLd g(l¥'LrningF I)iidiL
t(1I1'1lfLl% tIIc Lapil¢il L(18t of schi)c)I bLiiILling.4. Eiiih %Lhi)(Il IN an c.xcinpt Lharity, &inil miiinl£iillid 4Lht)()l% L'ilthiiliL Vnluntiltv
ALddLiniii i)riii'idL ¥duL4l(iiin fii'L' l)f LhiifgFL. IVhil%l 11i1sL %Lhii()1s Lir¥ n(It P1L rt (if thL Lhill'ily. IIIL r)ii)LL%i plilV.4 a kLy r(IlL in %upp()rtin
Ihciii 4ind this ha% dll Ll)om)oii.% impact oil all Ihcir piipil%, rci¥ardlcs.% ()l-ii'liL(her or nut ihL)' hill'¥ 4iny rcligFj()Li.s alliliiilioi).
f)iOC¥s Ill) Or¥¥4lllj% Jlj()n%. .such Si. Il'illrid'% Cciitrc. prol'id
.1 tllrthcr opportLlllitJ' li)r Ihe C'hiirch lo r¥;Ich oiil to thc i¥'idLf L()miiiiiiiii>'.
Si. Willrid's C'ciitre gii'cs prcicIIc<il help iinJ siippnn ii) liomLlc%s 'iiid viilncrJble pcoplL ivhD cxpLriillCL the biirdcii ol-SOCl411 cxclii%ion.
i O%t i)r it% client% iifL iil'tcclLd hv homcli.%snLS.%, PQl'lrtv. niLnl:Il lieiiltl) nL'cd%. addiction. cxlrcm¢ isoliltion Lind in.4lltiilinn.ilii.llil)n. It
v¢Iuoin¥% £111. Ii'ithaut di%lincli()n i)I' r:Ic¢. n<ltinnal IlriSFill. %cx, SC.Xll&il oricnlcltion, p()liiical, rclibiiaU% or other opiiiion5. Projccts siich
J% ihi.% are nnc ii'iiy in ivhich thc r)ioccsc irics to meet Chri.st'% coi)Iiiiandnicni io 'l.4)I'c' k'(?Iii' plL)I.IFlIly¢?iii' a.f J'OlAisell"
Thc Mciiiblrs ot thc Finance Bo.Ird conlirni thilt thcj. hilvc C()mplicd i¥'iih Ihc diity in scction 17 ol the Charitics Act 201 I tn hai"e duc
regard to PLiblic BcnLfil gyiiidancc piibliihcd by the Chiirity Comini54ion in dclcmiininbi th¢ :Icti￿.1t1cs Lindcrt&iken by thc ChJrity.
ACHIEI'EII IENTS & PERFORII IAJCE
ThL priiiiirv arc￿1 thclt thc Q h;)nl)' l() liillil its (Ibjec(ii'Cs is thriiiigh ils 52 p'iri4hcN. The}, do nut cxi4t as independent
c(Ingirc&i'itiiin%, Lind il is Ihc pariihcs tO&TethLr iviili di(Ices'in Iigcncics and ()rg&ini%41tivi)% ih.It tOlTethcr Ini1kL Ul) Ihc chariiy.. A% J rcsul(
(If p.isloriil ii'urk iincl prLp1riti()ns in ihLSL Piiri%hLS in ?n?4 IhLfL' IVLr¥ ()7? haplisni% {?n?3.. 6791. fi? rLLL'piiun% into thL ChiirLh {?Q*3..
$71. X¥ mJrriclLL% I ?OJ3'. 1.iO) :Ind 476 fLinLfi)15 12093." 4¥71. ThifL M'ifL also 72) children rccLii ing Ihlir First LoininLini()n i*O?I..
731) aijd 306 C'uiifimi.Itions (20?3.. 4?31.
The Diocese had Piirricipaied full}. iii tli¢ ivorldivide %viiod'il proces5 tliili concluded iii iii ()ctober ?094. Coordin2ted b). tlie Fom].Itioii
& MisNlOlI teiini there ii'ere n1211}' Inontl)s ol. consliliatioii in i li fioLIS IV,l)'S.' Ii'ith meetii)IF4. diSCiISSiOlii. Cli rd5. questioiiiiaireN Ind
per.son.Il encoiinier5. The People nl- Gad Ki"ere ini'iied 10 rebpond 10 ihe quebiiolli Pop¢ Franci5 asked.. '1 loii. doei rhis "jOLin)eyin (J
'eiher' ii'hich lake5 place lodil). 011 ditterent leN-els (frotn Ilie local lei'el to the iinii'erb.il one). 1( Iloiv the Chiircli io pro¢laiiii the
Gospel iii IL ccordill)ce I￿.11[1 Ilie niiision entnisted to I ler.. ai)d ii'h&lt steps doeb the Spiril ini'ile us to taL¢ in order lo groii. ab J sinod<il
C'liiircli,?. Tlie Secoiid session of the Svnod ci)nclLided Jt tlie I'alicill) iii Oitober and becaiiie p.In ot. Ilie churLI) % te,IcliiniTr
Oiie ol- the oiiicoiiies ol- tlie svnodal proce.%s ii'lL S the identific1( liui) c)112 need lo rei'ieii. the challen<ies fiicinu
Il)e Diocebe. A seriei Ot
pistoral qiiestioiinÉiires ￿￿'ere issued acrc)ss ihe dio¢ese lo all piiishioiiers 115 a i%-J!i ol. con5uIiiii(s
lisieninu 'ind pra)'ing. As a direci
risiilt of IhL coiisultatiuii. Ihe Coiincil of PriLSts dskcd Bishop Ralph lo fomi 11 DIoccsi< n PdstorJl Coiincil. A Dioccidl) Pdbti)riil
Coiincil il'as cst:Iblished a4 an adi'isorv i)roiip ivhich is compubcd of mcmbLrs ol Ihi faiihtul. cl¥ric¥ aiid reli¥ious ii'ho collibor.ii¢.
oflir %iipp()n. and hilp Ihu Bishop 10 Llari l!..2 I'i.%ioii for Ihc diocLsC. Thc DiuLLsJii Pasioril coiincil h.15 thrce prini&iry fLspollsibiliii¥N.'
t() btiid! thL PJStoral ILi'ilit)' ol. the dioccsc <lS dLtcrmiiicd bv IIIL Bishop, rL flici on ii, Eind ni<ik¥ r¥commcnclaiiiins on hol￿. to dilii'cr
thar i'ision.

Page 4
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
AN'NUAL REPORT (Continued) Year Ended 31st December 2024
DuringT the vcar ihi'rc werL ihrL'L ordinations. On 22 June 2024, Ihe feast of St John Fisher and Si Thomas Morc, Ihe diocesc LLILbraiud
IhL presbylerL11 ordii)ation uf Chri%tiai) Nivakamma as hv i¥'as ordainL'd to ben'L as a pri¢st iii thc diocLSC. Tivo new ineinbcrs of the
Pimiaiicni DiaLOndtL Ii'crc urdaiiiiJ by Bishop Ralph. DLaLUIiS Martin Frain and Jol)n GillivLr iverc ordaincd on ihe Feast of S(
MalthLlV, Apostle and EN'angelist before a croii,ded coiigrcgation, inLluding tnaiiy priLsls aiid fillow deacoiis.
Oil Thursday, 9 May 2n24 Pop¢ Francis rcad ihc Ejull of Indiclion of Ihi Jubil¢c Ycar 2025. Thl Papal Bull, called SPES NON
C ()NFUNDIT. 'Hopv duL% nol disapp(iinl" is illl uffiLial dvcuniLiII I￿￿11L]I slalcd thL tspeniiig and closing datL's of ihe con)ii)g7 Holy
Ycar iind the tIILinc of thc Jubilee. For this jubilcc ycar, ?025, Ihe ihcmc Lhoscn 1.4 'Pil&yrims uf HupL.
ThL ihem¢ ol pilgriiiis of
hopc" 15 PJrti¢ularly impon(il)I today; iii J ip'orlJ raN'agL(L by ivar5. powerty and Ihr¥alcncd by climate changc, and ivith tn4iny pLuple
faLii)&p iiicrLasiii¥ iLunuinii ¢hallLiiges. Tliis Holy Ycar Lan help us to kccp lil th¢ lurLh uf faiih Ihal ha￿'e bcci) givcii. so Ilial
c￿eryone can look i(} Ilic fulur¢ M'iih hupL.
ThL pr¢pJralioiis tor the JubilLe ycar slartLd iviih a Naliunal EuLhaiisliL Cungr¢%% callLd Adorcn)us ihal look place at St Mary's
Scminary. O.scolt. ThL diolese ￿LI1 rcprescnted at this ek'enr lead by Bishop Ri11ph.
F()11()ii'ingy ihL crcJlion Dt thL CatholiL SalLg?uardinby Standards AgLncy (CSSA), the Diocesc ol. Halliim one of (hc first di()cc%c t<)
bL P&lrt ot th¥ pilot inSPLLtionq. Thi% yL%?r thi t)io¢L%¢ IL1eL'd it% lir%1 full in%pLLli()n. ThL Icsiilt% ()( thL in%PILlii)n c()nLludLd thii thL
Dioc¢%L making 'finn pr(IgTri%% i)n t￿.(1 ()f tliL Light saligiiardinby %iandards Lind 'rL'5ults bLing achici'cJ" in thL rLm<iining? %ix
standarLlb. Thi tull rLport IS IN'iiilablL. to d()Ivnload herL hitps.. caiholicsafeguardinq.org.uk. aLidil8-arid-repons, cssa-aLidil-r¢porlq,:'
nn S&iliirLtay 6th July 20?4 ihL SiifLglLiarding' TLcllll hild ils Annii'il SalilgFLl<irding f-l'cnl al Holy Trinity Sehi)(Il in Bam%lcy. ThL Ihlmc
Iifthi.% yL¢ir'% ii'cnt l¥'<iS t)ii'Lrsity &. Trauind ()nd l(i()kid ilt hi)￿. %l)Lial, LLiltur£il Lind i)thLr divLrsity I%%ULS play a i)art in thc Iri)Iiinali¢
LXPiri¥ncL% i)I' indii'i¢JLl&ils. A niiinbir ()f bFiiis1 SPi¢ikLrs proi'idL'd rcallv in4piring pr¥SLnt&ltion% oil i'ari(iu.g l(IpiLs in¥luding. domLNtiL
abu%L. honour-bilSLLI abu%L &1nd.qpirilii¢il and ritlliil KibiisL' lind human trul'fiLkingF, ￿'hILh i¥'a% prL5LnlLLi viu 7.1iom Irom sp¥akcr4 lucatLd
in AmLfiLa iinLi NL￿. ZLaliind.
ActivitlLS Ih&il liikl plaLL l)Ilt.%idL' (Il- thi pari4hi% <ifi dLfinLJ a
'CLifiiil" The.%L Liin%is1 1)I' Dii)LLS£2ll A￿vLnlIeS and r)i()CL4un
()rbF&ini%£itiiin% i¥ho iv()Tk alun¥sidL parishL8 in fullillin¥ Ihc ubjLLl% (Il. thL Charity and IhL Illis%iLin (Il. thL' L hurLh.
Dii)LL%¢in AgF¥nLiLS IN'(Irk LindLr IhL dirLLI %iipLrn'i%ion (Il tliL Bish(IP <ind FinanLL B(iard t() l)ILThL¥t %peLiIIL pa%li)riili (iJininiNtr(ItIVL or
liturgici?I IicLdi id¢iitilicd by Il)c Bi.4hop. BiidgLl% are %cl IL nd Il)e}' rc LiicoLif1gcd In gLIiLritc iiief)nic ii.licrci'cr Ic&15ibliy 4111d such
ii)conic 1% Jct'iilcd ii) Notc 4 (Trl-lhc Iiii'iiiciiil %tJicmciit%. The IiLI e()s1 ul. r)iOCCN&lll Ag?Cll¢i4i 1% iiiet iiiitliill), b>, ii)c()n)c Ironi Dio¢c%dii
ii)K'c%lniLntS Lind tlic biiliincc is oil th¢ P<iri%hes thi'oLigJl) Ihc "P41ri%h A.%scs%mcnt"
Di()Ce51￿ n A(yencics cinil oihcr ¢xpcndittir¢ tundLd <i%%e%%nicnl incliidL'.
Bishop ol-Hdll&illi'5 Ollicc
Schools, Dcpciflincnt
Fon))&ltion &. Nli%%ii)n
Propcny Mdn-Ig¢ment fJep.7rtlllCI)t
St Vinccnt's ￿11￿511)nHilb {I'uLingF Adul1% NliniNiry &. Unii'cr.4itv Chaplaincic4)
FiniinLI DIp4lrtlllLnl
Tribunal
I"()Iiih ￿lIn1￿[ry
SafLgiiardin
Fl<illiiln P¢lStorJl CLntre
NaliC)nal Lei'ieb CaTEII.' Uishops LoJifcrcnLe of England & IN'dlib, L ES. LIL.
Profes5ioiiJI le¢)
Dic)cesan Qrf.2nt>
I li4loric C'liiirclies Lonin)iltee & DioceiJn Archii'ist
Diocesaii OrgvJiiis1tions <ire not Iiiic1ncecl il)roiib)h Pi4 rish Assessn)ents, and <ire sel l-_liiianLin¥i. .IlthoiiiY
li a Illiiiiber ol-thebe projects rel J.
on the iTeiierc)siis' of Pari%hes aiid Pill'ishioiieis. Tljeir giroSb income ib detailed ii) Note 4. The inconie 1nd expeiiditiire ot these prvjec15
lomi> a substaiitial part ol Ciirial-" .Ictii"itieb. The J" incliide...
C47ritclb111111rn -children & F£iniil)' Support. Pasioral C'are t.or Deaf People: and Camiel Care
Si. Willnd's Centre - a project siipportiii¥ hortieless aiid i'iilner1ble people
St. Ivillrid's Plice providinu 5110rt-ierni residentiil iccommod.Ition to N'iilnerable people
DiocLSan Pilginni'i?c 10 LoLirdi
DiocLS:11) Pjl
Triniage ti) Il'dlsinijhan)
Dioccs.Trii Pilgrini'i&)e to P1dl¢>'
l oiith :Ictii-iflCs
Ju.%li¢e & Peale Coniniissic)n

Pthge 5
DKOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
ANNUAL REPORT (Continued) Year Ended 31st December 2024
FIINANCIAL REVIEW
ARISH.ICTIVITIE
PJri.4h Otf¥rti)ry C'.ollcciionb (exLluding Gift Aid) amoiiiited io £1,892.290 coinparLd to £1,799,3?i in ?0?3, (I furthir ii)LfLa%L uf 5°,
TIIL avLrage givinb P¥r pcr%on for 2024 by rLfcrLnL¥ lu ¢lllLiiiknnLc 1% LalLulalcd dl £4.110 {£3.93 p¥r iveck ?(1?3). Pari%h c¢)IILilion.
and oihcr N'oluiiLarv iii¢oni¢ rcprL5enied ()8'i0 (If iolal ¥robs parish illLOllIL {2023'. 65°,.
tiifi Aid lax rLLOI'Lrabl¥ fwin H.Mi . R¥￿'ellUl
& Cuslums lo¢ullLd £322.500 iii 2024 (2023.. £300,836}, an inerLase (Trf 7Q/. folloiving a decrease of in 2023.
ParishL5 f¥cLiv¢d ligiaLILS of £21)6,92() in 2024 (2023- £52i,244). The use ot parish hJlls and oth¢r tuIi¢lional property iii Ihe year
inLrLascLI for a ihird coiiseciitii'e y¢ar. IIicLiinc from fui)Lliunal prupLrty ivas £?()l).352 (20?3'. £243,215) an inLrca%c o1.230/,, li)Iloivin
ali ii)LrL¢l.%L uf 35 % in 2093 aiid () l in 20?2 1I'iih usc %lcadil)' iiicrcasing posl_coi'id. Ii)COlllL frvni parish iiiN'LsliiiLtit propLrtiLs
iiicrcascd by I go/
0 10 £4n3,292 LomparLd to £343.159 iii ?0?3, IvhiLh fulloii'Ld <1 dLLrLas¢ ot 140/
/0 in ?0?3. TIIL Loqi of manubicinLI)I.
nd rLpairs, ()f thi)s¥ invcslmcnt propLrties deLreased to £32.158 in 20?4 tsum £41,219 in 2023.
Thi LO.qt of pari%h pr()pLirty rLPiLir% cuntiniicd In bl a signifiLanti 1 fLa of P2L rish c.XPindiiiire, and inLrLa%L'd by 50/n Nl'ith a cii%t lif
£666 ()80 in 20?4 (?Q?3'. £633.430}. This 1% %till IL4N ihan .41)Illi fcLLnl yL'df4 {£773,11114 in 2021) bill rLillii in% a sibyni Iii.Int Ilrea i)l-
LxpLnditurL. Th¢ impact of gl& g and i'leLtricity PriLe inLfiasLs %qlgi) Ll)nlinuLS tu bL fLlt fulloii'ing IhL nillil)nal rLnLivJI i)f Ihl IIXL
ralCS 11.ith IF￿1 (IiitLr-DiocLS<in FULI MunagiLinLnl Lidl. ThL Lost ut. Hcai & Light in Parishes in ?1124 ￿.￿S £481,369 ¢omparLd io
£5X().745 In 21123 <ind £273.047 in ?0??
IniJi)iLig f(Ir m¢ljl)r iiiipr(Il'LmLntS £?nd IlLl%' Iiuilding¥s ijfl Piiid LLnlr&illy hy thL t)iiiiLs¥, lind ¢hurbLd ii) IhL ill)pr()i)riatL Piiri%h % "Piiri%h
LiJgTcf' ¢lCCI)unr ii'iih ihL r)i(>LL%L. ExpLnditiirL Lin nLii' l)IiildinbTr% and Inajor L.xpinditiir¥ thill is i(In%idifid ¢(Tr LxILnd thL lifL (Il-LXl%tinLy
propLrtiL% IS L¢ll?il¢)Ii.SLd dnd dLpfLLiatid. Siinilarly, i1%SLt% ii'iih £1 Ll).%l ()f i)I'Lr Lf ,111111 cifL L41pilcilis¢d ¢ind dLpfLlll& tcd oi'Lr ihLir
L.41imaiL'd il%Lfiil lii'L.s. All li￿,£11 liL% anil ilg?Lnl%' L(Trsl% arn" addld ri) thL L(i%l% oftliL as%LIt.
Maj()r P&iri%h pr()jLCI.s in 20?4 inLludLd:_
o nur l.adi' QuLltn ¢)f PL'AiI Clic'%lL'rfii.Id- TIIL Il'l)rk' i() rL-()rdLr Ilii Pari%h CLiiirL .11 IhL ChurLh ()l-IhL AIiiiuiiLl&11i()n L()IlLllldLd in LLirly 2n24
Q SI. IN'llllthm of I'e)rk, .SherfiL,Id Il'L)rk'4 11) IhL ()Iil%idL ()r ih¥ C'hiirLh Iii rLplilLL IIIL LxiNlinbT riimp <Lnd rdiliii¥% ciiid in%liill plill)ILr i¥'LrL
iLd i)Iit to ihL K'dluL ()1'£24,840. A lILi￿ h(iilir al%1) rLqiiirL(14LI il LLl%t I71. £13,4411.
Q St. li lJr) s, Hik?h Cjrccn, Shi,fficld IV(Irk li'ds ¢drri¢d oul If) IhL f(IrniLr C'.oiii'erti prii)r li) il bL'iriL ILt. Ic) IhL I'ciluL uf £10.498. Jiid iliL Hiill
bi)ilLr ii'J.% rLplJLLd lil u LiTr%l ()rL9,X24.
R¥fnrL iinr¢;Ili%cd giiiin% ()ii ini-CstlllLllt4. Piirilh ANsL%%lllinl% 41nLI oiliLr iri111sfcrs the PiirisliL% ciimiilalii'cl). rL%LIIILd iii &1 siirplLl% Qt
£3i(),n()1 120?3 £44%,01) l %iiry)111.41. Cl)iillLTLS in tl)c K'aluc ()f i)ari%h ini'c%(InLnl cliirinbF thL yLar incr¢:i%Ld Pari%h FiinLls l)y £111.587
111I1kinb? thc nct %iirplii% hclorc intcmiil triln.%ler4 £3()(1.()4% {?0?3.' £456.124 siirplii.%}. Piiri%h A%%¥s.%n)cnl% 11)Iiillcd £7?4.7?8 in ?11?4
reflLCtinLT (lic Goncriil P¢irish A%.4c%%niLnl (If l()Q().11() I la 3Q¢Q incr¢asc on Il)c £58().45(? As%cssmcnt in ?0?3 10lloii'ing 41 6 /0 incrc415C
thc prci'ii)11.% )'eir).tl)gFcihcr i¥'itli the rcintr(IdiicLd Sick t Rctir¥d CILrg'y' Pilri.%l) A%.%C%%n)cnt (If £118.637. Thc net rL.%uIt 'ill¢r i)Ihcr
inlLrn:Il trdiislLr% ii'a.s .1 clLcficl%C l)I' Pciri4h ILincls (Il- L.180,3%% (10?
Ilit dicfL41%e (Il. £13L),511,% liilli)ii'inbi 41n iniriclbl (If L1,07? ?27 in
20221
T()ial Piiri%h fiind.s C(i￿led Ii)nN'¢qrd iir I I, r)cccmber ?0?4 iiinounted i() L?{).niig,456 ol- Ki'hich L15.75* ()13 I&'lL S ti¢d-up in tunctional
i)roi)crtV &ll)cl IithLr IIxLd in ¥i'iryda}' IINL by Pciri4hi's 1(Il' Lliarit¢ihli piirpii%L%.
CLIRIAL ACTII'ITIE
Tuliil C'uri.'Il ii)conie incre<l%ed b>. 440111 in )(}'.
-4, 10lloii-ing iii incre.Ise ol'.-
o j1} ?0?3. A liirge pat1 of this Il'c1i a result ol. a re'iliied
T Jr jii of £:b1,3.5? 011 Ili¢ di>P()%al ol. oiie fiinLlion£11 propefl). ii'liicli h.Id been lield lor m,Iny ye£ifs. VolLintar)' don.Itionts increaied by.
I'O lo L?47.59? &iiid bJf<lllt inconie more ih&ll) doubled. to £:3: _b5 Irom £ I l)* ?70. IncoinL froni C'haritable Aclii"itiei li'as coiisislent
I'iil) tlie pr¢i-i0114 j'ear it £1.078.419. Ini'ebinient illLome iiicre<2sed siiynilicai)Ily, ii-itli a fiirtl)er increilse of?(?O/o a rebuli ol-increased
diN'ideiids li nd Iijolier ii)teresi ralei on funds held. Blink interest receii'ed in ?1):.4 £115.513 eompared to £7i.l) 111 in •1123.
E.xpeiidituie on Cliaritable Actii'ilie% i¥'ai i /0 less 11) ?11?4. compared to ihe prei'ious )'ear. Ini'estinent M<ll)iiy¢m¢nt costs 01. £27.870
i'tre 7 /<} hiLTher tlian in ?0?3. Tlie %'Jlue of Curial ini'estinents increased bv £213,6?O in ?0:. 4 tolloii-ino an incre7￿ se ot £95.57C) in
Thcrc a n¥t C uri11 SLirplLIS aftLf CXPLnditurc and tr<iiisfirs, ol- £80().4n7 COrnPiifLd to nit dcticit of {)(} j.
TolL11 CiiriJl tiii)ds C¥irriid foni'<ird a5 at 31 D¥c¢iiibcr 1014 amouiiii'LI ¢0 E8.48(1,8111. ot- Ivhich £3.g%%.96() Ib rellected In lunctiuiial
t.InTrible ti.Ked asseis.

Page 6
DIOCESE OF HALLAM
{Roman Catholic Diocese of HAllam Trust)
ANNUAL REPORT (Continued) Year Ended 31st December 2024
SUNIIIIAR
The sumniary beloiv gil'es indication of thc tinancial aciii'ilies of the Diocese.
2024
2U23
Pari.slie.s
Income
DLduLI.' ExpLndilure
InvLbinieni Ciainql{Lo8scs}
Surplu%l(DLfi¢iil bLforL Parish Asscsstnciil
3,870,937
3,914,867
(3,514,876) (3,466,776)
366,648
465,124
PariNh Assessmcnl and other IransfLrs
{DL'LfLaqe)IlnLfLasc in rcsl Th'Ls
747 036
595.63?
os
Ciiria
2024
21)23
Purish As%L.4%mLnt 41nd ()Ih¢r transl¥rs
QthLr ini(Iini
T(Itc)l ii)L(ImL
D¥diiLI.. ExpLnditurL
Ini'L'StmLnt C jajii%liL(1%4L%I
IncrL4lSLIIDLLrLu%LI in ri.%Lri'c
747,036
2 .1211875
1,075,911
(2,447,5111)
241) 997
5y5,639
1614757
2,210,38()
{?.5XO,44?)
117.358
(?52,6.1).5.)
CIOINC. CI)NCERN
Thi Charity's aetii'itic.s. logycihLr iN'irh thc tJclors likcly tn 'il'lcct it% tiiliire devcli)pmcni. principal risk.q and iiiiccrtdintie s 14iciiig Ihc
C h;Irity 'ind its ai'ailiihiliiy ol. Liiicii¢iiinh¥red ca%h rL4LrN'cs 'irc sei oiit iii thi% Aliiiuiil R¥P(In. IIN IiiidllCi¢il posilion iii tcriii.% of ihL
>'Lar'% rcslilts. il% cl%%Lt% lind li41bililic.%, and InoN'ciiieiil iii :Irc set out li) Ihc i)rincipdl liii;In¢i411 st:IlLmLlI(% 01) p:IgJc.4 13 to 16. Tlic
TniNtLCI li.'ii'e con%idcrcd the cli:irity'.% QPLr:Itions li)r tlic next l ? iiioiiil)%i &i% rc411ificl. The chJrity hd4 %uI'IIciLI)I liniincial rc%c)urcc.%.
mainli, in Ihc forni ()f ca%h, ini'¢%tni¥nt%. anLI pr(11)irtv. to InLL't 11.% obl ig'iilions. ThcrL arc no Iiial¢riJl iincertaintlCS iiboiil thc C'hJrily
dhililv l() ci)ntiniiL gloinbi ci)IlCCrn lind it is IK'CII pl:ICCLI to miinil¥trC thL v'iriaii.s risks iLlcntilicJ. Thc Trii.%lci Ihlrifnrc h¢lS .1
reilsonablc cxpcciatinn th'it thL C'haritv li&1% 41deqii&ilL rc%i)Iircc% t() continuc ils npcr'ition.4 lor tlic lore%cLcil)IL liilurc. Acc()rdingil>' thL
¥oingF Cl)nccrn basil continiie% to be adi)plLd in Ilic prcpar41tion ol. Ihc Anniial Report ancl Accoiints.
RESERVES
Thc Fin'iiicc B()ill'd ciinNiJLr% th:It unrcstrictcd rc%cTh'e% cqllll iilcnt tu Iiv(i >'L'iir%' cliJrit'ibli IXPLnilitiirL li)r b()Ih Piirish 4iiid Ciiri'il
rc%ci'i'c% (111 fL4iiifcL5. In Jddiiii)11 11) I'LCUn'iiig expciiditiirc Il)c Finiincc Bvaril J¢kni)IvlLd¥?es that, in %i)nic arcci4. inc()1ll¥ Is dilliciilt t()
%11st:iin. 1l1)d hii% idcntiliLd 1 niiinl?cr ot l()ng'.tcnn tiindingJ rcqLiircmcn¢N incliidingi impr(IN'ciiicnt Lind repair of functional prvpLrtv.
clcrg'y rctirLmLni and IrainingT Llnd f(Imiati(In fur iN'hiLh .4(Trmi lundb hill'l b¥in d¥%ign&2tLd.
Tlie loti4 I Parisli Fiindi.It 31, Deeeniber ?024 1( moiinled lo L?6.099.4i6 of ivhicli £5,737,003 ITrre restricted nd £12.040.536 design&1ted
tiinds.
Tl)e miijorilv ot Pi1rish Fiii)ds (£1 £ 7$2.9131 (ire reprebenied bl, the funclioiial properties Icliurches. 11II11s, Preib)'leries) 1¢ nd oil)er
Illed assets. i¥'1)iLh lire iiileg7r.Il lo tlie operalioi) ot tlie C liaritN-. Tlie free Parisli reserves ol. Lli.3?1.917 represent c1roiind 28 nionihb
pl￿ ri.sli expendiliire. Ivl)icli is iboi"e rhe ?4 nioiith5 reser¥"eb collbidered lo be reqiiired for pari.%he* becJLise ()f Il)e long-iemi nature ol.
their oper<ilions. 41nd is expected to reduce gFji"en the expendiiure required lo meet Ilie cliall¢iigJes ii) tlie coiiiinu )'ears.
Contracted Lomniiimeni.% totalled £4S,1211 at the Yec1r Eiid {211:. 3.. L33.9711.
The total C-lirial tund5 as at 31 Deceniber 2024 Illollllted to £8.4,%11.8 IQ of ivhich £ l.C)Ul).i94 is reslricted for specific piirpobes. Ol.
Ihi fLm&iililligY L(?.%%l}.116 iinrestrictLd ciirial fiinds. 1:. ,4¥7,791. rcflLCtLd ihi I'aliil Ot lunctional propLrty and oihcr li.KLd aiqeis. The
frce (ILnLral rLSLfvcs of £4.391.415 reprLSellt jLlSt iiiidci
moiiihs Curial expeiidirurc ivhich is Icsts thiin the ?4 moiiihi fLSeri'L
coiisidircd lo bL rL4iiirid bicaiisc ot ihc lonu_tirm nlltiirc ul tl)e chiifiij % OPLratlOl)%. Thc Fiii<incc Bodrd contiliucs 10 lake action io
rci'iei¥' aTid :Icldrcss thL ILI'CI ol-C'iinJl rcsLrvc% 'ind th¥ iXP¥Ctid rL'qiiiiLmil)t.

Page 7
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trvst)
ANNUAL REPORT (Continued) Year Ended 31st December 2024
IINI'ESTII IENT POLICY &. PERFoR￿1.￿NcE
Under ihe irusi deed of the Chariiy, IhL Trustcc Inay ini'L%l, l¥'lth ihc Lunsenl uf ihe Bishup of Hallam, any money in any manncr
auiliuri.4LIt by law (i.L. Ihe Tru%tcc ALI 20no}. In 2024 ihc iiii'eslmenl portfolio% continuud lu bL maIiauLd on a di>crLlioiiary ba.%i.4 by
Ilie illVLStmciii mana&yLrb, Raihbuiics Group PIL. Tli¢ p()rtfvli0s arL' nianagFed in lili¢ ivith IliL Lihical inN'Lslmenl poliLy ufihe Trustocs,
vhiLh ib LollsislCtIL ￿￿'lL1) Churlh leaLhingi and ihe Calhulic laith. The SiLk & Rclircd Clcrgy Fuiid and Prie515' Trainiiig Fund purtfoliu
vere realisLLI in Nuveinber 2023 ai)d ilie liuldings IiansfL'rred ai Iiiarklt i'(iIuL IL) IIIL Main Purtfolio, releasiiig ¢as1i lo thos¥ tund%. The
OVLrall rLluni onLL agaiii p(1silivi iii 2024, recoi'ering turther froin ilii. difiiiult LoJiditioiis iii 2022. Botli portfuliu% ail)Ilfv'Ld
abO￿.C il)e toial reiun) bLnLhiiiark, i¥'iili IIIL Carilai Purtfuliu PLrfon))ingF sIjLFliil J. b¢llLr tl)an thL fvlaiii Portfuliu.
Total
Return
Total RLlturn
Benchmark
Muin P()rtf(Iliii
Carilli g H&illam Fund
+1).14
+().41
RISK ASSESSMENT
The FinanLL Board h.i% a%%i84id thl Iniijur ri%k% 10 Ii'hiLh thc Ch4qriry is Lxpn8ed. in Pi)rtiLulli r thus¥ Tcl¢ltLd i() Ihc opLralion, ini'LbtmL'nt
and finanLLS l)I' the Tnisl. By moniiiirinby ihL l¥¥'LI lif rLSLfi'LN. IllNLiringy Luniriil IlVL'r finiinLiL21 %y.%tcm.% lind by cxaminingv thL
(Ipkrulionul risk% laLLd by thL Lhdrity, IhL Fin11 nic Board IILIiLifLS th¢il i11ccti￿¢ 8!%lLins hai'e beL'll LStablis1)Ld Ii) Inili¥alL Ih(1SL ri.%k4.
FUND-RAISING
'FhL Lhiiritv iindLrtiiki% smiill .4C411L fiind-ri114ing', lind ¢ippliialii)n% l(1 Lh£iritdhlL trLl%t4 1(Ir bFf<ints, Nl(i%l fiin(l-ri)i%in¥ bLiild% ()n the
LiinnLLli()n PLupIL liai'i ii'ith thi C'hiirLh Ihri)LILFh thL'if i)i)ri%h ¢ind Ihifi iirL nii LiirLLt appL"
Thc Lhkiriiv LIuL% rtiit ensTabTL pr(Ilis%i()nal ftind-rai.¥Lr.% liut do¥5 h411'l (I part limc impl()yLL u'hi) deiils ivith 411)pIiciili()n% l() Lh<iriliiblc
PLANf> FOR FUTURE PERI()D.S
Thc diDcc51n Slr'ite¥FV lor (ill 4chool% lo by tully (lecidciiiiscd inio ihcir alloc£iied Cath()lic MLilti-.4¢<idcmy Tru.%l, Si Clarc i)r Si Franic.%
i.s plai)i)Ld to coiilinLIL. AIILf <1 pcrind of con%olid:Ition and hcddiiiby iii oii Ihc ddi'icc ol the DLP<lrtni¥iit i)I' F.diicalion it I S &ll)IiLipalcd
that niorc school% jiTrin the CMATb.
Thc Tni%lccb hill'c giii'cn iipproi'al in prin¢iplc lor ihc li)nncr Q'cltholic CILih 'it St All)'In s. r)cn&iby Ml& in lo hL converted into a niirscrv
licility a% Piin ot Si Albiln % prin)I2rv sehnnl. Furthcr ii'ork in e()njLinciion i¥'ith thc local aiiih(7ri1S COLild makc thi.s Ll 20?5 projcci.
Pl'in% ;Irc being lunnLili1tcd f(Ir Ilie rLI:iunch ol. a "FricnLl% (If Piidlc! ChdpLI' gri)Iip. An eniliu4iaslie gri)Iip of i'oliintccr% Lire p I'innin¥
Jn ¢Ktcn.%ii'¢ r(Ilcl (Il. ()pcniii¥ timcs f()r IhL ch'ipel Irvm SprinLF
?11?5. I¥'ith th¢ ¢ihilitv l() bo(Ik' giri)Iip pilLTriiiiilgTCS dnd gFuided ti)Iir
(Iiilside Ill. piiblishid (IPiningF tiinc%. Thi% rclauncli ii'ill ciiinciLlc il'iih the public42tion ol. Ihe "HJihersagL PilgTI'jI))age Wav" ii'hich hJ.
P1L dlc). L'h.2pel 2t Ihl dc%liniilioi) puint.
THIRD PARTI. C:UI,LF.CTIONI S
P1rishes in the Diocese SLlPPC)rted 1L Ii'ide r1ngFe of chiirilieb bv cilloii'jniF Lind ollen or¥F.Inising, Third P<71t￿. Culleclions. I loii'ei'er.
since tliese tlindi :Ire not uiider the ciii)trol ol. Diocese ol- I liill.'Ini Tnistee. tliese ¢()Il¢ciic)ns 'ire noi ii)cliided iii (lie results <ind balinces
oftlie cliiri1>'. Balances held <71 ! I, Dlceniber •0•4 for third Pclrt). ch<irities are incliided iii C'redilurb.
GRAINTS
Curiill and Pcirisli (Tranls paid out in 2Q?4 included:_
C'atliolic Trust lor Eiial<ind & W1L lei ICaTEIVI
L'uiliolic Trllst lor Engili1)d E Il'iles IC',1TEIV} re AdoreniLIS
C'atholic EdLi£ation Sen ice IC'ES)
C'atliolic S&lteuuiL rdiiiu Stand.Trrdi Authorii!. {C-SS.41
£33,1)39
£5.iOO
£17.4il
£1l.j04
ThL LFfiintS IllLidL dfL Iill in fiirilivf£inii of Ilii Cli<lril! s objL'cIs.

Page 8
DIOCESE OF HALLAM
(Romai) Catholic Diocese of Hallam Trust)
ANNUAL REPORT (Continued) Year Ended 31st December 2024
KEY I%lANAGEMENT PERSOINNEL
Thc key manabveniLiII per50niicl of Il)c Dioccle compri.%c% the Director of Findncc and the School Commis%ion¢r5..
Remuncralion t.or key managcnient p¢rsonncl is sci bi. Ihc Salarie% Sub-C.ommiltee, t&iLin¥ into consideration Ihc market ralcs
for similar roles and is periodically rci'lc￿.ed in ordcr lo rccogni%c (Ind rcii'ard outstanding pcrfomiance.
RISK MANAGEMENT
Tlie Tru%lcc ha% overall responsibility for ensuring tlial thc Cliarity l)as an appropriate syslcm of controls, tinancial and
uiheN'i.%c. Thc Audit Sub-committee rev'iew, annually, the risks liciiig Ihc charity ivhich can b¢ catc¥uri%cd into Ihc folloii'ing
broad heddingT%-.-
Saleguarding Thc Dioc¢sc prioritiscs and appropriatclv rcsourcc.s, this area, a5)d has been developing polici¢s,
practice and audits lo ciisurc il 1.% Inccling Ihc .%tandiird% cxpcclcd by tlic Catholil Safcguarding, Standards AgenLy llnd
can dcnJon.qtralc Lonipliai)Le. Thc Trustcc Safcb?uardiii&, Coniinillcc ok'crsces (lic ii'ork nf the Satcgyuarding departniciil
in thi% re.4PCLt. Tlie DioLcs¢ ol- H¢illani 1.% Lonin)itlLd t() Ilic proniolinn of a "onc Cl)urcli approach" to the salegLiarding
of childreii and adLII(.% ai risk <ind Il)c proniolion ol. d Liillurc of .%I21c&yuardinbl Ihr()vg,li()Iil Ilic C liarity.
Clergy Thc Diocc%c 1% aivare that pric%1 nunibcr4 are dccreasing, th'l)ilc Ilic prolilc is inLrea4ing? aiid dcploj'nicnl
%'tsrie.41 Iriini Ilic aN'craLYC of?7Q pc()plc pcr pric%1 up lo 4110, and d(>￿'n lo 1110 or less). Fui)ds t() %iiiii)orl Sick & Rciircd
Clcr¥!' arc re4uircd arid iii ?0?4 a SiLk & Rclire(I C'lcrbTV A%.%cs%inenl M'ai Ick'icd on Ihc pari&l)c% io addrcs.% Ilii%.
Capital The physiLal Cstatc rcquircs ink'cstmcnl and Inainlcnanec and wc niainlain dcprcciatic)n on Ihc a4scis.
Regulator), Burden
Thc Safcgjuardiiig. HLalih & S<ilciy, HR, prnpcny maiiilcnanLC, and oil)cr LomplianL¢ dulics
arc ni()rc oncr(iu% aiid thi% nc¢d.s L()1i4idLrin&> w'licn d¢¥idingT l() niaiiilaiii %mallcr paris1)Is.
GeDgraphlLal - Ihc Dioccscs 1% rcl¢ilitrcly .%nidll di)d ii'l)ils1 thi.% has il% bcncfils, li liniit% ()tir rc%()urcc%.
Govcrnancc - Folli)wii)gJ (i gvroup of tr1151ccs lookinb7 dl "slrdtcgy" and 1¢ joint iiicclin&i H'itl) ilic CouiiLil lil" Pricsls. a
ncw DioLcsan Piqsloral C'oiinLiI lias bccn Lrcalcd to w'ork willi, ali dloi)gysidc (lic TruslCCS aiid CoLiiILiI ol. Pric¥(s, in
ad￿.1.￿lI1￿ Il)L. Bi.%li()p ai)d i() Ll)iiipILIL I)Lir b70I'cman¢c stniLttircs. Tlie DioLcsan Pastoral C oiinLil w'ill hclp iviili Il)c
dcw'clupni¢iil ol. Il dio¢c%Jn pas1()ral slralcby.
Educutioii
CaiholiL Ethos.
A i)cw, pcrnianci)i. dic)Lcsai) Dii'cllor of SLliu()Is will bc rcLfLII(cd iii ?()?) to cnsiirc standards ai)d
C.OYi IYECTED CHARITIES
The r)iocc%c cnc()nipa%Nc% 47 C'ilthi)lic schi)01s. Tivu MLilti Aeaden)v TrLl%ts iN'crc forincd in 2n?? Si. Clar¢ C'i')Ih(Ilic MLilti Ac4idLmy
Tnist iiiid Si. Franci.% Cdil)ulic Nqiilii AeddLiny Tru%1, B()Ih (Il-thc fvliilti Ac.Ideniy Tni.4tS* 41nd eacli i)I' th¥ sihu(11s iirc cxcmpt ch<iri(ic%
LII)LILr IIiL Q"h1ritlLS ALI ?Q I I
Fiiuiid'itiiin Cilli'irni)rs r)irLLliir.% 11> IhL G(Il'LrninbF B(IdiL% i)l-C'ilthuliL SLhi)iilslAL'IJLin) Tru.41s. and Fiiiind'iti(In Gi)i'im()r%lt)ji-LLtor
tonll IiiajoritN' on e2cli bod).. blit Ilie Miilti Ac'idem>' Triists lind scl)0015 <lre i)ot br.iiiclies ot tl)e Diocese. The ¢iddrebbeb ol- Il)e
C'&ihc)lic Seliooli in tlie Diocese 2re det41iled 011 tlie dioceNJi) ¥i'ebsite. Tlie BislJi)p of i ltsllam. Ilie Directorts ot Scliools and Diocese ot
I lJll&ll)i Truslee Jre Meiiiber5 of Diiice.4e ol I lallin) .%chools' Pi1nnership (Conipail). Rebii5traiion Niiniber 08099>181. Diocese of
I Iiill.11)i Tniitee is ilso Trustee ol. St. Nlich.iel'b Romaii Catholic C'hiirch .ii)d Presbj'terv. I lis iherS&lUe.

DIOCESE OF HALLAM
{Roman Catholic Dio¢ese of Hallam Trust)
ANNUAL REPORT (Continued) Year Ended 31st December 2024
STATEIIILNI. OF TRUSTEE'.S RESPONSIBILITIES
The TruslL'L is ILspun%iblL for pripariiig Il)¥ Tru51ic's RLpori and IhL fiii<iiiiial sMILmLI)l8 in accordaiiLe iviih applicable law ai)d Unilcd
Kingdum Accouiiiiiig Standards (Uiiiled Kingdom Generally AccLPted Accounting PraLIiLC).
ThL laii, applilable to Lharities in Englai)d & Il'alLS requires the Trustee lo prepare financial slatinici)Is for ¢ach tinanLial yLar Nvhich
givL a Irui aiid fair i'iLW ol thi slalL ol. al'fairs ol ihL Lharity aiid of LhL i1)Lominu rLsoufLLS aIid appliLation of rcsuurLes vf ihe Lharity
lor thal period. In prLparing IhLbL finanLial sialemen15. the Trustee is required io..
s¢ILLI suitablL aLLounling' puliLiLS and apply ihLm LonsislLnily:
obsen'e ihe inlihods atid priiiciplcs ii) IhL Lharilils SOEiP:
makL judgLmLllis and L.41imalL% that ar¢ rea41)nable and prud¥nl,'
tatL 11.hLlthLf 4lppIiL&ililc acL()Liniingr .4liindard% (ind 51alLmLnts (Il- rLL(ImmLndLd praciicL haK'e bLLn li)Iloi¥¥d. subjLLt to
any malcrial IliparturL% di%LI(i%¥d and LxplainLd in the Iinan¥ial staiLm¢nls; Ind
pr¥PiirL Ihc tin'inci11 stilomcnt% on th¥ g7{)ing ¢on¢crn basis iinl¥s% li [% incippfi)PriLItL' lo prL%ume ihat the charity iN'ill
ThL' Tru%tLL 1% fi%p(InsiblL li)r kLLI)inb pri)P¥f iiLL(Iiiniingr riLords ivhi¥h di%ili)%i iN'ith rLa%LinJl)IL aLLiifaLy tit <iny tilllL thL finiinLial
pii%itiiin i)I' Ihi Chcirily lind LniihlL Ihl TnistiL lo in.%iiri th411 thi tinnn¥i¢il %tiltiill¥nt.% Liiniply ivith thL Q'h£iritlLS ALI 2111 I, thL Chic rity
(ALL()untl 41nd RLPl>rt%l R¢b'iil:Itii)ii% ?QOX <ind thL pru¥'i%i(Ins L)I' thL Tnisi DLLd diltL.d 281h ()Lti)bLr l ()81 las i'JriLd ?O' July ?1106).
ThL Tni%tLL 1% al%{) rLsp(InNihl¥ fi)r $4ili¥u(Irdin¥ th¥ asSCt% uf tli¥ Charity und h¥n¢c li)r taking rL'a%oniil)IL StLPS lur thL pfLI'Lnli()n and
dLILLliiin (Il. Ir1¢ lid ¢inJ i)thLr irrL¥7Lilaritie%.
Thl Tni%tLL is fL'NP()n4ihlL' f()r tl)L InainiLllli llLL and inlLg'rity (Il- linanLial inl(irn)iitii)n inLludLd i)n IhL Lharity S IVLh%iti. LLgFislaii()n in
thL UnilLd Kingd()m gi)I'LrninLi ihL pfLparuiion (Ind dis%Lminalion i)11( LL()Iinls m41y difflr friim lig?i%l¢ili(In in oih¥r jiiri%di¢li(Ins.
Approi'ed hy tl)e FinJnce B(iJrd nf Diocese nf Hallani Trustee .11), ()ctnl)er 21125 and signed as auiliorised l)v:.
L.J. Il'hittJk-or
Si'crelari. uiid Director of fiiithn¢e

PakFe 10
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEE OF THE ROIMAN CATHOLIC DIOCESE OF HALLAM TRUST
Opinion
'L havL auditcd ¢h¥ fiiiancial slateincnls of the Roman Caiholic Diocese ot Hallam Trusi for the year endcd 31 DeLcmber 2024 dLt<iilLd
un pages 13 to 32. 11,liiLh Lompri%L Ilic SialLillLnl of FinanLial ALti¥'iliLS, IhL BalaiiLL ShiLt, Lhe C ash Flow Sialcinen¢ and noi¢.% 10 the
finanLial slalLniLiils, iilLludiiisF a Sliiiimary ot"sigi)ificant aLLounling policie4. The financial repurting framcw'ork ihal h(l.q bc4n applicd in
Il)Lir pripaTaliun ]% applicabl¢ la￿, aiid UnilLd Kink7doni ALcouiiliiig7 Siaiidard%, iii¢ludiiigF FinaiiLial RLPUrtin¥ SiaIidard 102 Tlie Fiiiaiici<il
Rgporliii¥ S¢iiiiilaY<l Éipplic(TblL' 111 IhL. Uk uii<l Riijiihlic cj/'lii,IiiJiil (Uiiited Kingduiii (iCllLrallv Accepiid A¢LounlinLy PraL(iLL'
Iii our opinion, IIIL findllLi<il 51aiLinci)lts'.
7iv¢ a Iruc and fair i'iLi¥ of the %talL ol. IhL charily's affairs a5 al 31 DLccmber ?024 and of ilic charity's nel movemcnl in funds,
iI)LSuLliiig tlic iiiloine ai)d expciiditurL, tur IhL year Iheii cndcd;
liai'L bccii prupLrl)' prl'parcd iii a¢¢ordaii¢¢ ￿'71h Uniied KiiigT4Jom (JLiicrally Acccpl¥d ALLuuniing PraLIILC,' and
h¢ll'¥ bLLn prepared in acc()rdance w'ith thi r¢quir¢m¢nts ot the Lharilie.s Aci 2a I l.
BASIS for opinion
condLlCted our 1¢ udit in aci()rdiillLL Ivlth thL' IntLmalii)nal Siand41rd% on Audilinb (UK) {ISA5 (UK)) and appliLabli la￿.. Our
rL%piillsibilitiL% iind¥r th()SL .%till)Llii rd% arL fiirthLr dL.4Lril)Ld in thL Audiior's r¢spon%ibililics f(Ir IhL iiudii ot. IhL Iinai)LiJl .%tatLniLnl% %LLlI()n
L)f our report. Il'e are independent ul- the chiirity in aLLordanLe iviih eihiLJl requiremeni% ihai are rel¢i'ant tu our Judil ul- the linanLial
ILmLnl% in thL UK, inLluding ihL FRC.'% EihiL<il Siandard, and i%'L hill'L fiillillLd (iur vihLr ctliical r¢spunsibilities in aLL()riliillcL Il'lth
IhisL rkLiuir¥inLnts. We bLIiLI.'L that th¥ audii ii'idLncL h£lVL ul)t<iinLd 14 sufticieni and appr(IpriatL* t() pri)I'idL' a ba%14 f(Ir ()ur upinii)n.
Concluslthns relatiiig lo going concerji
In uudiiingi ihi fin£lllLliil %taiLmLnt%. ii'i hai'c concliiilid Ihilt thL' Tru4tLL'% IISL of IhL% byoinb¥ i()n¥¢m h<iSiS (Trf aLLounting in th L prLpiirati()n
()I' IhL IiniinLl<il %tillL'mLlli4 1% uppr(?pri¢ltL.
B¢isLd ()n thL Ii'ork ii'L h4ll'L PLrfL)nnLJ, ii'i hili'l n(It idL'nti IIL'II iiny maiLriiil LinLLniiintiL% rLl¢ltill&F tl) Ll'L'nl% i)r Lvndili(In% Ihiil. indii'idiiiilly
(Ir i()IILLtil'Lly. Inilv LiiNI .%igFnifl¥¢lnt d(iul?l (In thl ¢haritV'.% iibility l(1 L(InlinLli ils li gyÉ)ing7 i()nLLrn f(Ir PLri(Id i)t at IL¢lSt Il%'¥li'L m(Inih
from ii'hin th¥ finanLidl %lalLmLnl% (Irl auihorisLd for i%suL.
l)Iir rL%pon4ibililic4 lind IhL rcbpoii%ibiliti1s ol. the Tnistce ii'iih rcspcci lo gioii)g coii¢crn lire dc%cribcd it) Ihc rclcvanl %¢ci ion% ol. thi
rcport.
Other iiiformutioii
Th¥ Trii%tcc I'e%pon.4iblc for thc oih¢r inlnnx'iti(In. Thc other infomialion c()nipri%c% th¢ inlarni<ltion includcd in Ihc Truslccs Annuiil
Rei)ori, othcr Ih&in thi liniinci.ll .%tatcnici)tl 411id oiir 4lLiditi)r'% report Ihcrlon. Oiir opinicin ()n tlic Iin<incial b1411cincnls doc% not CnVLr the
othcr ii)l()nn:Ition lind. cxccpt lo the extent othcnvi.sc Lxplicitl!. %iatcd in OLir rep()n, ii'c dn noi cxprc.%.4 iins r()mi of J%.%iir4in¢c conclii.sioii
IherLOI). Oiir rc%pi)n%ihility is to read the oihcr inlorniiilii)n iincl, in dninby so, con%id¢r ii'hcihcr thc othcr infonmdlion is 11)'ItLri:Illy consi%tent
Kviih the lin'inci'il %tiltcniciils vr ()Iir kniii%'lLdgTL (Ilitilil)Ld in thc (iiidil (Trr uihciii'i.4c ilPPC'irs 11) hc IlliilLfiiilly mi%%liilcd. It. Iv¢ identity Nuch
In'iteriiil iiiconsistcncics or JppJrLnt n11teriil niisstiltcmciil%. li'e iirc rcqiiircd li) d¢tcrniine ii'hcther Ihcrc 1.4 a niiilcrial niis.stJtinicnt in the
lininci:I14t:Itemcnt% (>r 41 matcri'il Inixs1'itClllCl)I lil. tl)e (Ithcr iiif(Inn&lll(In. If. b;i%cd oli thc ￿-￿r￿ ii'c hai'c pcrlc)niied. li'e conclude that thcrc
IS <1 n)atLfiiil n)i%btdicin¢ni i)I' this ()ther iiifoi'inatioi). ii'c arc rlquired r() r¢pi)rl that lict.
Wc hc1VL ni)rhinby Iii rip()rt in tlii% rL'gFard.
Illatlers on ii'hich li'e thre reqiiired to report bi. exception
In the lii?Iit ol. the knoii'led¥Te lind understandii)gF ol. tl)e charitv lind its eiii'iroiin)enl ubiiined in the course ol- Ilie Lidil. Ive h2i'e not
identified mi1terial niisstaiemenls ii) the Truiteei Ai)niiil Report.
e I)il￿'e noihin<7 ro report in respect of Ihe folloii'ing niaiier5 in reliltion to iyliicli the Churities (Accounts nd Reports} RegJul&ilions ?01)8
requires us 10 report to )'OLI it-. iii our opinion..
the iiiform11ion gii'eii in the Tnistee's AIiiiLliil Rep()r¢ is incon.4isleni in ans. material respect i¥'iih rhe financial btatementb: or
1deq111te accoiiniii)IT record.% hii'e not beei) kept b! the charit&"; or
Ihe charitv s Iiniincial 5ti2tenieiits are not in agsreenient iN'itli the accoiii)tii]o records 41nd rettims: or
CCTtiiin diiclc)siires of tnistLCS' rciiiiiiicriltioll SPLcified by laii. are noi midL or
vc h11-C Iiot rcceii'cd all Ihc inforin<ltioii and oxpliiiidlic)ns lic rcquirL for oiir Jiidii.

Page 11
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust}
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEE OF THE ROMAN CATHOLIC DIOCESE OF HALLAM TRUST
Respoiisibilities of the Trustee for the financial st#t¢ments
A.q cxplain¢d InorL fully in ihi. TruslLI's R¢%ponsibilities Statciiiciit set oul oil page 9, Ihe Trusiee is responsiblc for the preparalioii ot
Il)L fiiianLial slalLii)ents and lor beiiig sali%licd ihal IhLv gii'L a iruL an(1 fair i'ieiv, and for such inlcmal Loiitrols as tIIL Tru%tLL dLtLrmii)cs
1% nLce.%.%arv io iiiablc lh¥ pfLparaliuii uf finaiicial sialLinLiil% thal 4ifL IrLL fruiii malcrial illisslatLmeni, Ik'hethLr du¢ lo fraud or t'rror.
In prcparing ihe financial statemcnls. Ihe Tru.%leL 1.% fc%pon%iblL for a.%%¥%%in&? the charily's ability Iu Lunliiiu¢ as a going Lonccni,
discIo.%ing, as appliiabl¥, mallLrs rLlaiLd to going Lonccrn and Uiing the goii)U COllCLrn basis ot aLLounling unless ihc trusiccs ciiliL'r inlLnd
lo liquidate the charity ur Iu Lease operatioiis, or have no walis1iL alternalil'e bul io do so.
Auditor's responsibilities for the audit of the financial statements
I'e liavL beeii appL)inlLd as audilvr undLr SLLtion 144 uf IhL Charili¥s ALI 201 l Jnd report iIi accurdaiiLe w'iih regulations mad¢ under
Ihal Aci. Our i)bjL¢llI'¢S arL to obtain reas(Inahle a.gsuranLe abolit ivhcihcr thc financial .4talLmLnis a% a wholl ar¢ frLL froni matLrial
Ini%sii?ILmLnt. ii'h¢rhL T duL til frclll(l or crr(Iri lind Ii) I%Slli an aiidit(Ir'.4 rLP(lrt thai inLIuLIL% l)ur ()pinii)n. RL.IsonalilL' a%.%Lif¢inLe ig a high
l¥K'¢I Iil'asNur&inLL. but ]% nut a gTU¢irant¢L th'it in iiiidit conJuctLd in iiLcurdancL w'iih ISAS {UK) will 11w'lL ys dLtLLt a malLrial iniNslcltcmLnt
whLn it L.xists. Mi4$1li ILlnLnl% Lan iirise Iruni tr<iud i)r Lrri)r and &irL coniidirid InatLri<il if. iiidii'idLially ur in ihl ¢ibFbJfLg¢lt¥, th¥y LUUIJ
rLil.%C)nably bL LxpLLILd Ici inflLicncL thL LLunumic dLLisi()ns of u%Lr.4 lakLn on Ihc bi151% of these financial slalcmLnls.
In &iccordanLL Il'ith ISA5 (UK) W'L. LXLfLI%L pr4)IL%NiI)nal jiidg7mcnt and mciintain prolis%ional SCLPIiLiSm Ihroughoiit thL' £ udil.
IrrLgiil4irities. in¢ludinL trcqiid. iirc in4141niL% (Il. ni)n-¥()InpliiinLL Il'ith <ind rLg?Iilaljiin.4. Wi dLsign procLdiirL.% in linl Ii'iih iiur
rispi)n%ibilitiLI. ()LiilinLd &ibi?K'¥, lil d¥lL¥l m¢ltLri¢il mi%sta(LillLnts in rL'sPLLI ()l- irrLgLilaritics, in¢liidin¥ Ir£iiid. ThL' %PLciIIL pfoLLdiirL.% li)r
thi% ¥llgJ£igTIlllL'nt <in(l ihL LxILnl l() ii'lii¢h thL4L afL' LapiihlL (It LILILLlinLY irrLgiil¢iriiic%, incliidingT triiud arL JLtailLd hLI(?ii'.
Extent to ii'lii¢l) tlie Judit Ivas consldered capable of detecting irre%ulaTiti¢5 In¢liiding fi'aud
A% i)ilrt Iil'dL%lbFninbT {)Lif &iudit. IVL dLILnninid mciliri4ililv nd 41%SL%sed (hL' risk ul. Ill¢ilLrial mi%slJlLmLnt in the tin&inLi£il 4tiifLmcni% iincl
i)i)kinb liiiiv frillid m£ly IILLiir by LllLiuiriiibi ￿'1[h ni¢lll¢igfLIIILnl il% li) it.s uii'n LC)n%id¥f<iliiin iir [r￿lUd. In pdrtlLLiliif, i¥'L' Iiii)kLLI 411 II'hirL
In&1ll%iLiiniiit IlliidL 4111)jLLtiN'L juilgFLlllilli%, liir Lxainplk, in rLS1?¥lt (11. sig7ni IILiint aLciiLintingF L.%iiinJli% Ih<il ini'(Ili'ed 11)1£ kii)LT 41%%Liinpiiiin
11)d ciinsiJ¢riiig liitLifL' eN'ei)t% that Jrc ii)IILrL"iiilv iiiic¥rtJin. Ive iil%o eoii%iLicrL(J poicniial Iiii;Iii¢i:Il or other pres%iirc.%. ()PPl)nLiiiiI! cincl
iiiotii'Jtioii% l()r Ir:iiid. As p:
CoiiipliancL Il'lth lilH'% lind rLgJiil&llj()Il% iiiid IioiN' Ill<lll&ig?Linei)t i)i()i)iior thc%c prncc4%cg. ApprnprilL tc prncedLirc.% iiicliidcd Ihc r¢i'ieiv :11)d
tLStiiigi ot" i))1terial adjLis1ing joiim4115 :11)d key estiinales dnd jLidgcnicnl% by ni¢lllclgTcm¢nt.
Il'e gFJined 41n LindLrsl&inJing ol. IcbT'II lind rcg7111iirilv Irli mcii'ork iippliciihlc to the charity iinil Ihc %cclor in ii'hich il opcralci. drJii'iiigp on
oiir iiiLlit cxpcricnci Jnd knoii'lcil¥TC ol-lhc ehiifiiy cinLI il% %ccl()r. lind consid¥r¢J tlic ri4k of cicl% by thc chiirit!. th41t iv¢rc coiitrary, to these
IIV% lind rcgtriil{Iiions Ihdt coiild gFjI'e rise to a miiicfiiil Ini5Stdlcmcnl in ihc Iin:InciiL l st<ilcmcnl&. includingy biit not liniitcd to:.
Thc Ch&irilicb Acl I I
C'hiirilic% IAcc()iinis 'ind Rcp(1rt4) RcgiLilcili(In% 2nn%
Giii£ldncc i%%iicd b>. th¢ C'.h'iritv Commi%siun fur r:ngland & Iv'llc.
UK Hcalth & S:Ilclv IcLFjsl.Ition
UK Lmpl()ymcni IcbFi%lJti(In
'L 'il%(I m.2dL enqiiiriL% Ii'iil) IhL Trii.%lii i¥'ith ri& d4 t() Ll)nipli:InLL Il'lth th¥ iib(11-¥ Idii's Jnd rilbYLII:iii(Ins illid i)L)tiiinLd ciliv niL¥'N41ry'
'idii)LL 111 ciirr(Ih(IrillL' tI)L in Ivrii)'Ilii?n pri)vidLd. lor LXiiiiipIL IlliiiLltcs ot. niLLtin&yq 'ind LorrL%PI)nclLncc ivith r¥lLI'iinl 41Li¢h(Irili¥s til
identity potentiLiI niiltei'i£il tllib51iileineiitS 1risinn
e hai'e ideniified rei"eiiue recogTnilion, niii nagyenient oi'erride aiid completei)ess of related party Irans.Ictioiis as key aLidit niiillerb reliliiig
lo irregiularities, includii)¢? fr&lUd.
e h1ve ei'aluaied the Tnistee iiiid lis malia￿￿enien[ s incenti¥'es tor IrL1LidLilei)t manipuliilioi) ol-lhe linancial btiiements. includingT tlie risk
of mdiiagen)enl oi'en'idingF coi)trols, and identilied t111t Ilie priiicip21 risks relii te 10 miinaujemenl biai in accoLintiniJ eslimuies aiid
judgn)enlal 1reis ot. the tllllc llci411 statements such re￿.enue recoi?nitioi).
The lolloii'iniT iiidit ivork ii'ai undertaken in response lo the risLs identitied..
Eniiuirv ol. m.In.iiJeiiienl. Ihose ch1rgyei Ii'iih g)oi'ernai)ce, aiid ih¢ chiirily s boliciiorb Jround actual and potential litluiltioll ¢ll)d cli1inis
Eiiqiiirv ol. ni.Illi21Teiiieiil to ideiitily an￿. instances ol. noi)-¢oii)pliiiiice ii-itli I:iii-s und regiiilations
RLI'ieii'it)LTr niiniitcs ofiiicclings of ihose chariYLd ii'ith IFoi'crn'incc.
Rci'iLlI'ints k¢v sourcc% of Cstinialion UliCLndint!' tcsiiiiij 10 %UPPOt1iii¥ docutncnlativn. Liisiirinii re.1son.IblLncss of &lSSLiniptions and
coniibicnil). <ippliid.

Page 12
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEE OF THE ROMAIN CATHOLIC DIOCESE OF HALLAM TRUST
RLI'iei4ying financial statcmcni disLlosurcs and (esling lo supporting documenlatioii lo ass¥%$ con)pliaiiL¢ with applicdblc laii's ui)(L
regulationi.
Auditil)LT (l)e risk ot- management oi'erride of coIitrols, iiicludiiig through tLsling joumal en(ries and other adjustm¢nts for
apprupria(LnebN, and ci'aluJlingF the ralionale of signifiLant IransaLli(Ins oulsidL* IhL nomal iuur%e of IhL Charity's operatiOliS.
IdLiitifyin(F fLlated parties ai)J ciisurin¥ transaLlions are cumpleie and ie%iing lo availablL SUPPOrting documenldlioi).
R¢i'iLi¥'ing kL'y incomi suurLL5 for LomplilinLS5 and ci)%uriii&F ¢uI-off has b¥en aLCLPtably appliLd.
Our audit pruL¢dure% u'ere dLsigIied to rLSPOI)d to risks of malLrial missla¢Lnicnt in the finai)Lial qlatcmenis, rccognisin&J ihat ihe risk of
nol deiecting a malcrial Ini%.%lal¥mL'nl duL' lo fraud 15 hi¥hLr (han IIIL risk of not dLIILLiillgy 01)L rcsuliing, frvm Lrror, as fraud Inay involi'L
dLlibirJt¥ IOllLL'aliiieiii by, for L.xaiiii)Ic, furgirj.. mi%rLprLseiiialioiis or ihrough Collusion. Thcrc arL inl)crcnl liniilalion% Iii Ihc audit
proccdurL'S PLrlurn)L(l ai)d IhL furthLr r¥illoi'Ld noii-Loinplianc¢ ii'iih laivs aiid r¥&iulaliuns drL' frum (hL LI'II)L% 4111d IrJii%a¥li011s rLIILcILd
in ihL finaiiLl<il %iaiciTlCI)l.%, ilIL ILS5 likely we arc to bccoiiiL aivarc of il.
A fiirth¢r dLSCriPtii)n ()f our rL%p(In%ibilitic% for IhL alidii i)f ihc Iin,In¢i¢11 statcmcnts is locatcd on thL' Financial Repurting Council's ivcbsilc
at.. Iviviv. l-rL.or
.uklaiidi(()rg rc
on4ibiliriLs. This dc%criptiun t(1rn1S P¢lrt ol'uur <iuditur 4 rLP()n.
Use ofour report
This rLpon is ni&2dL' %oILly io the chli rity's Ini%lLC. fjioccqc ol. Ha1141m TnislLc, 8.4 a b()dv, in ace(IrdJnLL M'iih Part 4 uf thc C'.hariiic
IAcLI)untts <incl RLpiirt41 RLg'uliili()n.4 ?11118 and ihL Ch1ritlLS Act 2111 l &ind reglilations InadL Lindif.4LLtiiin 154 Ol'ihiii Act. Our aiidit iN'urk
has biLn iindLrtiikLn %0 that IV¥ Inight st(1t¥ to th¢ ¢h&irity'% inistL'L' thu%L IniiltLr.% ive fLquifLd Ici SliilL IÉ) Ihcm in (ln iiiidiiiir%' rL'PI)rt and
flir nts ()IhLr piiry)()4i. T() Ihi liillL4t L.XtLlIt PLrnlitILII laiN', IVL Ll() nt)I IlLLLI)l (Ir il4%Liilli fLSPI)nsihil iiy l() anyi)ni othcr than thL Lharity's
IruslLL. a budy. li)r i>ur audit ii'urk, tur this ropon. ur t(Ir thL OPini0115 IVL h￿￿'L IvrmLd.
Il'arrens ilLcounlants Liniited
st￿lUti)ri. IKuditor
33 Thnriie Rtsad.
Doiicthster. DY I ZHJ)
Irreli% Acc()Iiiiliiiils Liiiiitcd is Qligible tn 'iet a% 11 n <iudilor in lerni% ot Icctioii 1212 01. tlic C'ompiinics A¢1 ?Illlh

Page 13
¢n
cc
i >
pi

P#ge 14
c e
c pi
rn

Pave 15
DIOCESE OF HALLAM
(Ruman CaiholiL DioLese of Hallam Trust)
BALANCE SHEET AS AT 31st DECEMBER 2024
2024
2023
Parishes
Curia
Total
Parishe5
Curij
Total
Note
FIXED ASSETS
Tangiblc Fixed Asseis
InvesimLntb
]2 15.752.L)13
13
4,406,819
3,888,966 19,641,879
4,057,697
8,464.516
16,41n,646 4,046.032 20,456.678
4,396,23? 3,844,077
IS,?40.309
20,1 i9,73?
7,946,663 28,106,395
?0,8Q6,87,8 7,SL)0.109
?8,696,987
CURRENT ASSETS
Ini.'eslm¢nts - Money Market
r)Lbior.%
Ca%h ui Bank & ()n DLPOSIt
i.uno,000
1,092.949
3,131g.934
i.000,aao
1,508.418
4,8611.383
14
415.469
1,729.449
156.1116
882,673
1,6%0.001 3,720,()86
1.038,85()
5,400.987
2.144.()18
5,231.883
7.376.8()1
1,836,187 4.603,659
6,4J9.846
LIABILITIES:
Am(iunt% lalling di1¥ ii'ithin une yLiir 15
(84.921) (818.IIOL)) (Y02,9311)
(143 ?37) 1()0?.349) ( I,Q45.5%6)
.6()? ()511 3,701.310
5,31)4.260
NETCURRENT ASSETS
2.05(),997
4.413.874
6,473.871
PARISH LOAN ACCOUIYTS
Loans t() Pari%hL
Pari%h DL'POSIts
1?.5?L).805} 2,529,805
6.40L),532 {6.409,53?1
(?,51 O,n34) ? j 111.034
6.4()0,fi$11 {6,4l)0,050)
TOTAL IYET ASSETS
26.1)9(},456
X,4XII,810 34,5%n.?66
96,479,844 7,611.403 34,1)91947
REPRESEINTED BI, INCOME FUNDS:_
Restricted Funds
16
5,737.on3
1.601),5I)4
7,337.51}7
5.888.275 1,470.91)4
7,35().2h9
Unrestricted fi unds
Dc.%ignaicd Fund.
Othcr Unri%tricted Fiind.
17
12.n411.53h
,%,3?1 ()17
3,n66,5n5 15.1117,n41
1? 568.X7? 3.Iy8.413 15.7j7.285
8.0??,6()7
) L151,9()()
l 0.()74,(1()3
17
18
?6.11()l).456
8,48Q.810 34.i%ll.!b6
6.47(}.%44 7.611.4113 34.(Tr()1.247
The fin.Trncial st&lten]eiits on p:iiieb 13 to ?? ii'ere ic pproi.ed by ihe Finiince Board of Diocese i)1 I lallain Truitee. as sole Tnistee on
30ih Oci()ber ?O*.S lind SiLJI)ed oil ils behalf b!'.-
.ht Rei"erend Rii Iph I leskett, C.Ss.R.

Page 16
DIOCESE OF HALLAM
(Roman Catholic Dio<ese of HallaTn Trust)
CASH FLOW STATEMENT
For the Year Ended 31st December 2024
2U24
2023
INet Cash inflow from operating activities (Note a)
{58,596)
319,850
Ini'esting Jctii'ities
Dii'idiiids iiiid inlcrLSt rL'LLIVL'd
PurLliasL of taii¥iblL tIXLd ￿SLI
Purchase of ini'c%lincnl.
PTULLLds frum %alL ()f fixed &lSSCts
PriiLL¢d.% I'rom s'ilc of investmL TIts
N¢1 ca.sh (outfli)1i's1 frum ini.'L%ting 41LllI'iIiL
2? j,489
(49,4(>L))
(1,85(),902)
3??,595
887 ?79
173,994
(568,925)
11,457,474)
37,332
1,551,469
(474,nOS)
(263,604)
{Decrease)Ilncrease in ell5h
($32,604>
56,246
Recor)cili￿ti0n of Net Cash flow to nloi'ements in net fund5
(t)eLrLa%elllncrLcl%L in Lash in IIiL pLrii)d
{532,6n4)
56,246
Cli %h FLind% ut I, January 20?4
5,41111,l)X7
5,344,741
Ca%h FLind4 <11 J I, t)ICLmbLr ?024
4.X6X.3%3
5,411111),%7
Thc chiirily ha% no di%cln%&iblc dchi, and conNcqii¥ntlv Ihc Cii%h ill h'iiik &iiid in hiiiid. 1% £il%o thc iici dchLltund.4 rcconciliJtion.
Notes tts the C#sh lloii. Statemeilt
I RL'cniicilialii)ii of iic.t Inut%oin%lliiici)iiiin2 rL'snurces to net
casli iiillo)vllTruifloii') froni nPL'fÉltiiikw Actii'ities:
2024
2023
Ncl inc()minLY(
IniitbFQlllLFI re%ourcc
Dii'idliids & inl¥r¢%t I'LCeiN'cd
t)Lpf¥Clation
Ilncr¥ ISLI. DicfcL1.%C 11) Dil)l(Ir.
ID¥cfc&i4cI. Incre1& %c in C'rcJilor
48£),Q I l)
1223.%n21
8?3.0?5
(471.2461
(149.(>561
?81.35?1
{?51 S%41
{31)? ?03)
{175,7()11
813,81)?
342.%10
1106,IC)51
137,33?)
(125,391)
Nct IGain%).'Li)%sc% i)n In￿.￿stmLn1b
158.5961
319,S50
bl Change5 in thnd eash equii'alenls
2024
2023 Change in l-ear
C abh al Bai)k 2¢ l)d Slion Tenn Depoyils
4.868.383
5.400.987
{532,(1041

Page 17
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
The fiiiaiicial slalcmenls prinLipally r¥fle¢t tlie incoiiiing rcsourLCS (Ind application of resourLes of (he main ¢harily, Roman
CaiholiL DiuLcsc of Hallam Trusl and inLludc Parishe.%, Diocc%an Agp¢iiLies, and DioLisan Orbiai)isations. ThL financial
slalLmLiii% al.40 rctli¢i a nuinbLr of sindll iiJdividual parish trusls ai)d scparalLly rLgisi¢red diocLsan Lhariliis, IvhiLli are
ui)d¥r tl)e LOI)(rol ot Dic)LL%L of Hallain Trustcc, ii)¢liidiii41 thL, J.J. EyrL Fui)Llb ¢iiid SL. Q'.harlLS Charily (C.Iiarily Rcgislralion
No. 104961 ()).
Accounlink policies
Basis of preparation
Th¥ fin'inLial 5tatLIIILnt.% l)aK'L hLin prip;IrLLI in JLLiirilancL ￿'Ith ihL aLCI)unting' puliLiL4 %LI c)ul h¥l()I1' IL nd comply ivith
th¥ cl)&irity's tnist dLcJ, IhL Ch:IriiiL% Act ?D I l and ALLi>untii)gi 'ind RiportingT by Ch4?riliL%.' St1tLmLnt of RLL()mmLnd¥d
Pr11 L(iLL &lPI)IiLahlL ro ¢haritlL% pfLparinbY thLif ¢lccoiinl% in 41c¥ordiillLL Ii'iih IhL FinJn¢ial RLPUrting StanLlard ¢?ppli¢iiblc
lo thL UK and Rcpublic i)f IrLland IFRS I O?).
ThL financial statLmL'nl8 havL bcLn dr41ivn lip iinJLr thL' hist(irical Li)41 ¢onvLlltion as mi)difiid by th¢ r¢k"
invi%trncntS lind arL' pfL4LntLd in %lLrlin¥. i%'hiLh is al%(Tr thL lunLli()nal CU￿¢￿LY of thL charity.
Flnanclal instrument5
FiniinLi<il ¢lN%¥ts anil lincinLial liiibililiL% ¢ir¥ r¥¥(Igni4L'd il'hen the chftrily l)Lci)mLS <1 pdfly l(} Ihi L()nlr4lLtl1411 pr(ii'i%i()n% ul
thi insttum¥nt.
Financial liabilitiL% (iiid Lqiiily inslriiin¢nt% iifL' LlclhsiliLIS 11L'L£)rdinb' Ii) thL %LII)%lcinLL ()I' IhL L(Iii¢rilLIu¢il 41n'cingLmLnt
cnl¥rcd inta.
Re<'iJAFiiiliiiii aiid iiieaJiireiii¢iil
All Iindneidl :154Cl% 41nd li'ihiliti¥s arc initially mccl%Lircd dl IrJnsJclion price {including Ir,Ins'iction co%t41 cxccpl r()r Ihosc
lindiieiiil iib%cls cl¢l%.%ilILd ill :It liiif i'£llLlC Il)roLlgth ihl Si-It¢inent ol Fii1.'Illci£il Actii'iliLs, Kvhi¢h <irL init7￿171Y mcii%urcd 'it
liiif V&iliic Iii-hich is narniiill). Ilic trill)%ilClI()ii pric¢ Lx¢liidingy Iriinsilction cc)%1s1. IinlLS.4 ihL iill'iinLTeii)Inl c()n%titutL.4 il
lindncii)g triin%aclinn. 11- lill iltTiinLicmcnl constitiit¢s .1 linincing triin%iiclion, the linL1nci<il &i%%cI ()r liniillcicil liahiliiv 1%
IIILd.siifLd ill tlic prlscnt i'Jluc ol- Ihc liilurL Pi))'ii)Inls di%coLinlcd dl d ni:IrkLI r411c ()I' ini¢rc%( lor a %iiiiil&ir dLbi inblruincnl.
Finiillciiil ii%%cI% iiiid li%ibilitiCS lire ()nly Iill%ct in Ihc %tiltcnicnt ()I' lin21 nciii I pci%ili(In ii'hen. Jnd (Inlv ii'l)cn. Iherc cxist% a
rciili.%c Ihc i1%scI and sciilc (he liability 4iiiiuliiincoii%ly.
Finiinciiil ;i%%cts ire dcrcc()i?ni%cd i%.hLll. ilnd ()nlv ii'hcn. al Il)e euntriicluiil right% t() tlic cash tIoKv5 trum thL linincial SSCI
L.¥l)ifL (Ir arl %itilLd. Iir l)) (hL Lharily Iraiisliri ti) aii()tIILf Pilrty %LII)4tiinli'illy Jll i)l- thL ri%k% ciiid rLII'iircli i)I' (Iii'nLr.sliip i)l-
tli¢ liiiJiiciJl aiset. or c} tlie cl)ariiy, despite Ii<lI'illbF retli il)ed some, bil( nol all. sigjnilicaiil risk5 11 nd reii'irds of oiN'I)ersliip.
hJs tnnslerred control c)i- the asset io anoilJer parl J.
Fii)4lllCi411 litsbilitiei Ire derecogJni4ed onl! ii'hen Ihe obliLIL1tion specified in ilie contr1L Ct is dischli rged. cancelled or expires.
Debtors
Debtors 1re re¢ogni5ed initiiill). lil the Iransactioi) price. Tliey are subsequently nieasuied at amortised Coit iising tlie
elTecli¥e inlere.%i nietl)od. les5 pfoviiion for iiiip.Trinneiit. A pi'oi'isiol) for the iinpaimieiii cil- debtor.% is e%lilblish¢d ii"l)en
Ihere li c)bj¢ctii'e ei'idence Il);)I the chirit). ii'ill i)ot be L1ble io collect all 4iniouiits diie 11 ccording lo (he orioji1.Il teniis ot
the receivJbles. Lo<iliS receiwable are ilie1￿ iured initiallv at lair i'alue. iiet ot trii nsclclion cosis. 2nd re niedslired
subsequenily al amorti5ed c05t USil)ft Il)¢ ¢llecliN'e iiitere5t rate n)ethod. Debtor5 ela55ified as recoi'erable i¥'irhiii oiie s'ear
are iiot amonised.

Page 18
DIOCESE OF HALLAM
{Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
Creditors
Crcdilors arL rL'Log*ni.4Ld iniiially ai th¢ transaLlioi) priLL. ThLy afL sub.%Lqii¢iiily measured ai an)ortised cost using thc
effcclll'L inl¢r¢%l n)eil)od. Credilors payablL wiihin one yLar arc i)ot amortised.
Judgements and key sources of estimation uncertaintv
ThL pfLparalion of fiiiaiicial %lalctnonls rciiuirL% thL' Tru%lLL to ill<ikL judgyLin¥ntS, Lslitnal¥b arid a55UliiPtioiis tlial affect
Ihc application of poliLiLts aiid rLporlLd ani(iunl.% ol. assets and li<lbilities, inLumL and CXPLlI.%cs. TIIL L¥timalL.s ail(i
as%ocialLd iissuiiipliun.% are ba%ed on historical Lxp¢riillLC aiid uihL'r faLlur5, in¢ludiiiby ¢XPLLlati011s uf fuliirL ei'¢nlN that
arL bcli¢ved (o bu fLdbonublL uiidcr ihc ¥ir¢uinstanccs. Tl)c aLlual oulLume May divcrg¢ troin Ihese eslimalcs if oil)cr
assutnptiuns are made, or oiher conditions arise.
SiAyiiific'4iitjiidg¥Nieii15
In IhL cours¢ of prLparingJ thL finanLial slalimLnl%. thi l(Ill()Iving significant judglminlb h41I'L bL¥n m<idL in the pri)ccsS
ol. applying the charity's ac¢c)uniing policics'.-
a4sL%.4ingF thi pi'obiibility i)f thL' fLLLipI of ILgilCy inci)mi'
)g%L%4ing' IIIL (Ipprupri47tLn¥s5 u1- thL' .I%%Utnpli()ns and mLihi)d(Ili)&'y Il%Ld in dL%tLnnining thi 11¢ ir i'aluL Ut
invL%lmLnt pr(IPLrtILS',
delLrniin1n￿1 IIIL N'alui i)f th¥ dLsi¥natLd lund.% nLLdLd ai IhL V¥uf Lnd io InLLt %p¥LifiL tIllLifL Lxpinditiirc:
AeJ'.iiJiirc'e.i ijfe.IliifftJ4¢iiiii iiiiL*rluiiili'
Aec()untingi LNlimilli% and <lSSLimptiutiS <lfL miidL' LunLLming thL tutiiK' and by thL'ir i)aiurc. i¥ill r¢irily 14ual thL'
ri'11c tLd <iLliii)l uiilLI)In¥. ThL LI)cll'ity ili)e% n(It hill'L any kLy ii%%iiinptlLin.s Li)nLLmingy thL tiilurL. l)r 4)Ihir k¥y ii)iirLL
i>l- L.41ili)Iilii)ii unLLrt<iinty in thL fLpiirtil)b PLrii)Ll Ih;Il m¢iy h%ll'l 41 %i&?niliLiinl risk ()[ Liiii4ill¥i cl InJtLriiil iiclJii.%(InLni t()
Ihc C41rr!ii)¥F dmouiil% Df clS%LIs iiiid li41bililics iviiliin Ilic iicxi Iiiiiiiicial yeiir. Notii'iilJ%iJiidiiJbJ thi%, (he chiirily i
rcqLiir¢d lo mJkc e%lii))iltL% dctiiilcd hcl()ii':
cs1ini.ItiiiiF the 'iccrLied c.XPLIILtiliire iiicliidii)gl LinpI(IyLC% 4iccnicd li()lidiS5' P&1y.'
c.4(illl<ilii)gF thc ii%Ltiil ccononiic life nl't:IngFiblc lixcd i1S%Ct% Ii) dLlimiin¥ 41 dcpr¢ci:Ilion cl)iirgc:
c%lin)JlinbF thc cn%1 ol- Ihc luncli()ncil lixc(1114s¢1%, incliidinb pri)pcny. Ihclt ii'Lrc hLILI al 31, t)Lccmher 19(}().'
.Issessnient of CJDin&J CoIieern
Thl Triislci ciin4idLrs (hilt ihcre c?rc nu mdicridl iinccrtiinties 4iboiit the tni%t'S iil)ility ti) c(IntinLlC a gp(iingy c()ncem.
Income
.411 inc()nie is recogni%cd oncc Ihc charit! h.is entitlciiicnt lo iiicunic. it 1% pr()h¢ihlo that Ihc inciii)IL* iiiill bc rccLivcIY Jnd
the imaunt (Il- the inci)mi fLCLlI'ablc can bc Inc￿l￿lIred reliabl)..
D()nations cire recoL?ni5ed ivhen Ihe cl)1ri1!1)as beeii 110(ilied ii) ii'riiiiig of boi5) the llioLllIt ai)d 5eiilement d4lie. In tlie
eK'eiit thJl doiiii tion is subject io coiidilioii> t]1￿￿t reqLiire a lei el ot. perlomiance b). the ch2ril)' belure ihe ch11 riiy. is enliiled
to Il)e hinds. tlie income is deferred 2nd iiot recoi?Iiised iintil eitlier those conditl0l)5 1L re ILIII J Iiiet. or ilie liillilmeiit of
reportiiig period.
Grants Ire recoijiiised ivhen the chirity. l)1( S di) enliilemenl 10 Ilie tiinds aiid ans. conditions linked lo Ilie gFraiits hak'e beei)
met. Il'lieie perforni(ince conditi(11)s are altaclied to tl)e ¥rant and are J'ei to be niet. tlie iiicotne is recoginiied 2s.I I1￿2b1)It￿.
and included on the Bi11ance Sheet as deteryed income io be released.

Page 19
DIOCESE OF HALLAM
(RomaTh Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
Fund Aeeaunting
DiuLL%<lll 4}lti￿'llle% fall ii)to tivo calcgories-.
Q Parishe
Iraiisacti()i)s rclaliiiiF lu inclii'idual Pariqhe% i¥'iihin ihc Dio¢i%e.
El Curia
IransaLtIDns LUtiLLming IhL DioLcse a% a w'liole.
ThL Funds ul the charity arc analyscd into RL51riLled and Unreqiricied Funds.
RL%tl'lLILd Fuiids rLpfLSLI)l ainuuiils rLLCiN'Ld t.or a SPLcifiLd p?UTPU%L ivhich had iiol b¥Ln CXP¥nded at thL BalaiiLc Sh¥¥l
dali. Parisli propLriy %ubj¥Lt Lu a Si)LLial Trust is alsu rLIILLILd it) Il)L Risiri¢Lcd Fuiid balaiicLS.
UnrL.%lriLl¥d Funds rcprc%Lnt dm(iuntS i?K'ailablL for the y¥llLral purpo%L'S ()l- IhL Lhariiy. Il'iihin UnTLStriLtLJ Fund%,
r)¥%ibFll<ilLd Funds rcllLLI th¥ ain(iunis SLI-a%idi lor P41rtiCLilar piojeLts or pury)().4Lq, bul ivhiLh may bL sPL'ni l()r u(hir
gLIILf&)I chilritablL purpi).qLs.
ThL StalLmLnl i?I' Fin?ncial A¥tiviliLi dctiiils Parigh and Ciirial incoming rc41111fLe% lind rLsoureL4 cxpcndLd. <inalysed
bLIII'Lcn Unrc%iri¥l¢J Jnd RLStriLtL'J FLinds.
P¢iri%h Ii)LUtnL IS. Lindlr ('iini)n Liiii., undLr ihL L()ntr()l Lind dirLLli(In i)I' thL Pari%h PriiNt IN'h(l LXLfLiSL% hi% niii)i%lry und¥r
thL aUtlii)rity ()l-IhL Bi%h(Ip. Alth()LlgFh thL FiniillLL B(iard (Il- Dii)LL4L Ill. Hall%ilii Tnist¥L lii1S ultlllliltL fL%P(Insihilitv iindLr
cii'il l¢lll' l()r thL%i liind%, th¢ jLiridiL<il PL'f51)n ivhi) h()111.4 Pilri.%h FLinds 14 thL P&iri.%li PriLs1. lind thL%L lund.% 4ifi unr¥striitLd
onlv in icrni% (If th¥ir use NN'ithin thL' indil'idual puri.4h.
Tangible Fixed Assets
Freelinld Leasehold Land #nd Buililin
(al Functional Lllnd and Buildinkys
L'hiirches Prc%b tcricN. C hiirch H;Ill% OflicLS Ctc.
Flinction￿lI L¢ind. li.e. land uscd Inr thc priinc piirpo%c nl. the C'h<1rityl, is includcd in Ihc liniinci411 ilJtcinont% dl origjinal
Lo%1. ()r iN'here thi.% 1% not al-iiil£ihlc 411 lin c.%liiii;It¥ i)f 1¢% hisioric cost l ()r ii) thc i.
cost. ¢lt it% fclil. Viillie dl thc d£ltc of rcccipil. Fr¢¢hold lJnd is noi dcpreciiiic<I bccilll.%c il h.i% Jn indLlinilclv long ii%cliil lilc.
Fiiiiclii)n.Il BiiildinLF.% (i.c. biiildinbFN Il%Ld Inr thc prinic PLirpi)%e i)l- thL C'liiirilyl, ii'hiih iirc .%lill iii LISC liv tlle C'li&iritJ' ari
tIIL t)ii)cc%c,
111<2jor rcni)I'clti(In% 41rc capila5is¥d ¥il the co4t ()I' c(In%lnielii)n.
Biiilding% ii'hich ivere in use <lt 31 41 r)Lccinbcr l ()()6, <ind iiddiiiiins sin¢c th¢lt date. lire depreci11tcd al ratc5 cal¢ul'iteJ to
'rilL ()ff ihiif iiiiin:It¥J Iiisti)riL L()Nt IILS% tIIL L%tiniatlLI rLsiLlii'il i'aliil) Li'Lnl!' i)%-Lr Ilic ii'hulL ol- IliLif il%LI'iil lifi.
Tlie e5tiniiiie ol. the iisetiil lite c)f Il bLiildinLT I'cirie% dependinLY ()n the cc)Iiditivn :ii)d futiire iise ol (l)e buildiiig. IloiN'ever. iii
&Teiiercil il Is expLcied iliil a biiildiiigJ in Il reclSOI)iible stale ul- rep.iir ii'ill ¢i)iitii)iie iii Ilie ii'itlioLII mijor reiio1.￿1til)ns or
iniproi"einei)ti lor the tolloii'inLT period..
Unlisted C'hurcheb
C'Jtliedr<il aiid Liited Cliiirclies
Presb}'teries
OTher buildiniJs
?5 10 IOQ years
Illa to
1111 vears
i lo iQ ve.2rs
10 to 75 J'ears
Depreciiilioli fi11es are c.Ilciil.Ited usinu tlie2 i¥e ot-the buildiiib) aiid irs exp¢cted LiSehil lit-e.
Ibl
Icl
Idi

Page 20
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
Padlkny Mariyrs Chapel, GrinLiliford, Dcrbyshire is iiot depreciatcd bcLause it was built c.1400, is a (iradc I listcd biiilding
ai)d is coiisidLrLd iu haille an extraordinary lung lifL" Ihal cannot bc dcicrinincd. ThL chdriiy duL% Ilot recognise ihis hcrilage
dSbLI in li% Balai)¢¢ SIILL( ￿ dL.lails of its Lost aiid initial valuaiion arc nol held. gii'¢n thc nature of the atsNel aiid ils
SoiigFLI'jiy. TIIL cost uf ubiaii)in&y a i¥aluL IS i)ol commcii4uraic iviih any bciicfii io ihe users uf ¢hL <llLUUlI(s aiid givLlI the
riligious naiurL of ili¥ Usbct it 1% LxlrLincly uiilikL.ly Il)at ihL Inui)¢tary valuc {Iroin sale} Ivill Lvcr bc rL'LognisLd by the
charily. The cost of obtaii)iiig a i'aluaiion ha4 becn considered by Ilie Lhari(v and li bilici'LS il is nol ju%lified by the
usefuliiess of th¢ informaliuii lo ihe uscrs of IhL (IiiouiII%.
iii) Leaselinld Laiicl <iii(l Bi¢ildiiig.¥
LLasknhold laiid aiid buildii)gs arc deprLLialed over Ihc litc ot Ili¢ Icase un a straighi-linc basi%.
Dil&iil.% ;Ind dddrL%%LS of thc Dic)LL%an LhurLhiS and othcr building,.. Iboih IrcLhi)Id and ILclSL'holdl can bi l()und in the
DiiiL¥saii Yciir Buok.
Vuluntarv AidLd S¢hools &, CatholiL Volunta
AcadLmii%
i) Li711d
Th¥ iharity uw'ns thL lana on ￿'hI(h ils Vulun141ry AidLd Sch()nls arL buili. und thL liind ULLIIPILJ by C¢lthi)lic Vollllltary
Aiudiinv Tnist% lind C'iiihi)IiL Mulri Aicid¥iny Tni.sts. E£iLh TniNLI%Lhii()l 1% an ¢XLlllPt Lhariiy undir ihi Ch¢iriii1s ALt
2111 l <in(l (ILLLlPlI.% ihL land rini-lrii. Thi licilurL ul- thL (ILLUPiltion ()I' (IIL land by thLse L.XLmp( Lh¢iritlL% InLan* that thL
Dii)CLSL s Tru.4lLL d()L% n()I liuvL th¥ p()W'Lf ((1 di%pc)%L u1- Ihl liind until iliL %Lh(i(Il Lca.%L% it% (>LLIIP41tiun, IvhiLh in tiim
'Iiiild rLLILiifL ihi iippriii'iil ()f thL r)irLLtor41(iiii'¥rn(Ir.4 und Ihi SL¢ritJry i)f StatL i11)d iiiay inviilN'L thL' fL'L()I'Lrv i)l- !>r&inl-
aid l)v ih¥ r)fE. C'i)n4¥4llLntly suLh land 1% n(>l in dirL¢t IISL hv thL Lh<iriiy. LIuL% n()1 gyinLf<ltL ciny inL(IinL, Ldnni)I b
Lli.4p().%id lit (In thL I)PLn InarkLI, <ind Liinn(>i hL IlSLd liir any iithLf i)Lirp()%L durinb Ilii %Lhiiiil4 uLLiipa(iiin. In i'iiii. (if
Ihi%L ri%tri¥ti(1515, thL' TrLl%tLL bLliiVL% IhL rLc()i'ir411)IL iim(Iiini (If ihL'.%e i1g.%LI.% 1% nil ¢ind thLy afL' inLILIJLd al nil Iiicilion.
ii) 1311ililiiig.¥
Thi Sclin()I hiiildiiigF.4 re occiipicd. iinproi'cd, cxtended il nd rcp:iircd bv ihc School Govcrn()r%lAc4idcmy TN%l%. Thc
11411iirc (Il. IhL QCCLIP&ltioii ol. tlic liiiildiiiiYN hN' thc%L c.xcinpt ch£irities nicilli% IhJl lh¥ DincL%e's Tnjslcc doL.% ii()I h:ii'e the
'ise% il% QCCLlPdtion, Ivhich in tiim Kvoiild reqiiirc thc &ipproi':Il of thc
pc>i¥'er ta di%po.4c Df thL buildiiigtrs iinlil tlic 4cliool CL,
Gi)I'Lnii)rs iiiid ihc Sccrc141rJ' ()I' St:Itc :InLI iii:i J. ini'i)li'c thc rccni'cr). ol'bir'inl-'iid l) J. Ihc Dir... c'(In%i<iiicnil>' 4uch l)IiildingTS
.IfL not in direct Ll%i h J. Ihc ch'iritv. di) not gLIILfiltL anv inci)mL, C%inni)I bi dis1)nbed ol-01) thc opLn ni:Irket. 1nd C¢iniiol bc
ii%Ld Inr dny i)IhLr purpo%¢ durinLT the %cl)01)l% OCCiiPiltion.
n i'icii, ol. IhLsC rc%triclii)ii%, Ihc Tnistce bcliei'c% ihc
recovcrik blc &imount of thesc as.sets 1% nil and Ihc). circ includcd al nil i'dlu&ltion.
The School Goi'¢rnor81 Ac<idemy Tn15t% &lCCI)Iinl l()r thL hiiildinkF. jinpri)i'cmcnt dnd rcpdif c()5ts (Trt the s¢hi)ul.4 and accviint
l()r iinv gFrants reccii'cd in re%pccI i)f thc%c c(1s1%. Grant% iiiade Ii). (l)e r)ioccbc Ihruii&ih the Diocc%iin Schi)()1s' Biiilding
Fiiiid (or ()CC4i%ivn'illy i'l<1 p'iri%he%l l(} the Goi'cnior% ot I'(IlLint1rv Aided Seh()1)14 in i)rdcr til :14sis1 Ihcni ii'iih Ihcir lidbilil
t-or schuul buildinbT COStS i2rc chdrgFcd iu thi SiatLinLnl Ill. Fin'inci'il Actii'ilic% in thL ycar ol. pay'ineni.
As al 31 DLLLlnl)Lr 211?4 thLrc ivcrL 2,9 C'ath(IliL VoliintiTh' AccldLllllL%15 Fligih %ihiiiil% ￿)nd ? I Priinilry. %Lhiiols1, ¢o)githir
'iih 15 Viiliint:iry' AidLcI L'iiih(IliL Prim;)rv Sihiii)l%. I V(IlLinll1 ry. AidLxI Juinl C IthiiliL 11 nd C hLirLh ul EnL-)11nil Priin.irv
School, I Vi)Iiint&lry' Aided C'ailiolic I li￿1) Scho()l. l Joiiil C'li tliolic &. C'l)Iii"Ih ol Ei)i)liiid Accideni) primarv ichool and
Joiiil Caiholic ai)d CIILirch ot Engil.Ind 3-16 Academ). in OCLIIPiiiion of11c nd nd biiildinLis. Tlie cliaril J. oii'nb the Ireeliold
.h Schoc)l. Funher detclils ot
ot. 46 01. thetse premises ill their eniirei}'. 11)d tlie Ireehold ind leli sehcild ol- oli¢ split-site I lil.
ili¢ Dioces:iii I'olLin147ry' Aided Scliools and Ciltholic Volunl:Irv Acaden)iei, are <iji'en on IlIL Diocesai) ii'ebsil¢.
(bl Ini'¢stment Properties Jnd DOn￿ted Properh. dii'aiting salc.
Ii)i'eitmeni Pro
erties
liivesin)ent properties are 51ioiN"n ill Il)e Truiiee's best estilllci(e Qt niark¢i k'alue. The niajoriiy. ol-the Ini esrnient Properties
l? aiid all IL re i'cilued profession211y' at le.Ist everv lii'e j'eilrs. Tl)e
ii'ere profei%ionall)' ￿"<7[lIed as 1 31 ' December '0.
Ini'estnieiii Properties 2L re spre11 d Iicf0%5 ihe Diocese. Ill)d coi)seqLieiitlv Il)e rei'aluiiiioll il'l s carried oiit. piincipall), bv
C'omn)Lrci:Il PropLrrs' Roihirhiini Lid iviih oihir locdl i"IlLl¢I'% blinii uscd for son)i in¥estni¢iit propertie5. The Fin,IllcL
Bocird or r)ioccsL of Halliim Tnistcc annuiilly. re1ssesscs thc i'aliii of thc li1￿.¢$In1￿nt prnpert). p()rtfolio. Anv chang'L il)
'iilue diirinii
Ihc >'c2r is rcportcd in the 'Orlié'F. Rc'c,¢i.4￿jtI.SC,t1 G(lill.% & l.i).%.%i.
SLCllOlI ol. the Statinieiit ol. Fiiiiincial
ActiN-ilics. FLinhcr d¥idils ol- tho b'is1% of ihL valuaiion are ￿11.¢17 iii Iiol¥ 13 to thesc liniincial 8tltClllil)ts. Ini-cstiiiLnl
Properties ari fullecicd ii In'irkct i"aluc. thcrclore no charoc tor d¢prLCi'ilion is m'ide in ihc liiiaiicidl stiilLmLlIts iii
aLLord'iiiie w'iih ,ILLI)Lintini? standards.

Pa￿e 21
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st Deceniber 2024
Fixtures Fittinus and E
ment
Acquisilion% iviih a cost {or lair valuL Ill th¢ ¢as¢ of doi)ated itcmsl in excess of £5.(lQll are Lapiialised. Thcv are
dcprLcialcd al ra(es LalLulatcd io i¥'ritL off ihL Lust, ILbS (hL Ls(itnalLLI ILsidudl fv'JluL of each evenly oi'er its cxpeLled
useful life as t"ollows'.-
FixiurLS aiid Fiiiin¥s
Office Equipii)ciil
Compulers
GcnLral Equipmenl
Chiirch Fixturcs & Fitlin&'.'
Pr¥%bytLrv FixtLifLS & Fitting5
RcsidLntiiil/t)iiy C.L'ntrL FumiiurL & Equipmcnl
Mulur Vehiclcs
l O years
3 yi(Irs
5 ycars
10 10 sn yL'ars
5 to l O yL41r.q
4 t() l O y¥ap*
Reducing B2£ lancc
Il'orks of,Irt and Flistoric Treasures
Indii'idiial Ivorks ot Art. Histori¢ TrLasLir¢% and Pli)tc arL n()t L4ipilali%ed as Ihcy hai'L cxlrii£irdinary long lii'cs ond arL
-i)rth pr¥%L Th'in& PLiPLtLially.
Ini'estments
InvL%tniLni% (qrc gtatLd 411 Ihiir miirKLt I'aliil 415 ¢11 thL B()IdnLL ShLLt daiL. ThL StiltLillLni ()f FiniinLial ALIiK'iriL4 iniliidL
IhL nLI ￿raInI and l(I%%LS (Iri.%ingF on r¢i'411Lliltii)ns and di%po%dl% thrulighuiit thL YL.;
Foreign currenc}, tran5%1Ctions
Thc linaiiciiil %liiicmciilN 'ir¢ prc%¢nt¢d in Stcrlin&F. Ivhich is £1150 the tLlllCtioniil ciirrciicv ot Ihc chiirily, Tr4illsiiciions iii
ciirrLllCiL% Oth¢r th:In thc fiiilCtiaii.'Il currciic). ot Ihc cli.Irit!', drc rccordLd ill Ihc rkilc l)I'c.xch£ingtrL ill th¥ dalL Ihc IriiiiNJclion
occiirrLd. N.loii¥lary' itLiii% Jiiioiiiii1:Ited in otliLf CLirreiiciLI 'irc trai)%l&lted <11 Ihc rcilc pi'ci'ailii)gT 41t Ihc Liid ol. lh¢ repnrtin&'
pcriod. All ditlcrci)ce% Jrc takcii to Ihc rclci'iini SLippor( Co41.% clciiici)l ol- Ihc Sicilcnicni of Fin,'Inci;Il Activiti¢N.
Penslon eosts
C'oiitrihutioi)% loivdrd% cmpl()vcc's personil pcnqinn schcinc% and 2 group ptrr%nn£11 pcn%ion %cheinc for cmplo)'CC% iir
cliiirbycd to tlic Siiil¥l)iinl of Fin;Inci411 A¢lii'iii¥% in th¥ J'i:Ir in ii'liich ihcv becoi))c paycil)le. Thc t)ii)ccsc 14 iiciihLr liablc
lo financc any liindiiig .shortlill: ni)r entitlLd tn henelit Iron) IL n>. oi'cr-liindiiig. No conlribLilion% ik'crc madc diirinLi- thL
yciir l() thc Tcachcrs PLnsi(In Schciiic I'thc TPS"). <lli unllindcd ii)Iilti-Inipl(iyLr dLlinLd l)LllLfils pcniion 4ch¥nic
gt(>i'crncd b￿. IhL Ti,'Ichirs PLI)4iiiii% SchLIiiL RLg7111:1[i(Ins •015.1)Llt e(11)Iril)Iitiun% ii'crc Inailc in Ihc cuinp;Ir;Itiv¥ vc'ir l(Ir
i)n¢ ¢mpl()vee. The eiiipli)vcr's c()ntri17Utioii [% %ct bv thc I'PS. A4 ilt 31 f)Lccinbir ?0?4 lind 31. Dcccinh¢r •n?.) tlic r<lt
ii'ats ?l.()8Q/o l ii)cludingF .1 sclicinL ddmii)i%(fiilii)n ILvyl. Thi TPS rLpfc4Llll% a collLctii'c schcini Jnd it ni)t pi)NsiblL t(}
¢p;IratLly ideiltilv the .i%set% &inil li&ibilitiCS iiltribiit£iblc Iu il p;IrtiCLilJr cinpliiycr. ThL t)ii)Lesc h1s neither i ci)Ininilincnt
to iiiik'L g()i)d £lllJ' dLtLiJficil di liLit. n(>r lin LnliilLmLnl li) hillilil Ir()In iiny Iii'ir tiinding. RiiiriinLlIt 'ind i)tIILf PLn%ii)n
benetit) are Piiid b). public liiildi proK'ided by Parlianient.
Cash at blink. ￿nd in hAnd
C'asli <ll)d ca%li eiiiiii'.Ilenls re bilsic fii)Illlciiil asiets Iiiid incliide cabh ii) li&ind. depc)iils lield ii cill iviili b.iiiks, oiher short-
tenn li411id ini'estnients iiwith or7￿1n..)I ni.Itiirities c)l- tliree n10nil)s or less. ¢qnd bank oi'erdrifiq. B<Trnk oi'erdratl.4 <ire s1i(iii'i)
'ithin borrow'in¥Fs in curreiit lili bilities.
Public Benefit
The charit! operates tor the Pliblic beiielil. in accordance ii.iil) the Chilrilj. Coiiimission's guidance.

Page 22
DIOCESE OF HALLAM
(Romall Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMI ENTS
Year Ended 31st Deceniber 2024
Grants
Parishes
2U24
Curia
Total
2024
Total
2U23
2024
Governmenl Cirdni.. Naiional Lollcry Coiiimunity Fui)d
(RC Yurk.41)irL and Humber Rcgioi))
()IhLr CJraiil£
52,200
180,088
52,200
181,188
26.lQO
8£),628
1,100
1,100
23?,2S8
233.388
115,728
liicome from Charitable Aetii'ities
Parishe5
Total
2024
2024
2024
2023
R¥po.sitiirie%, Bookstalls & Salc ol. N¢￿'Spap¢r$
40,()59
40,959
31,855
12.858
48,849
11)4,481)
113,796
204,273
?33,791
1115,38n
4.713
I,X?5
OthLr Parish Lhi?fi141blL incomc
Si. Willnd's Centrl
Si, Willrid % Pl(IC
Curillis H¢l11
£chi)()1s t)LPclrtinLnl
Pr(IjLLt Miinclg'LmLni and Adinini%lr(IIiLin
Fin11 nLL r)Ll)Ilrtm¥ni
Fi)milti()n & Mi5si()n
P£)s1()riil C.Lniri
52,()?11
5?,6?8
173,171
106,47X
I1)0,4X7
?5?,74n
3L),7XI
173,171
1116,478
IL)0.487
?5?,740
3l),741
5,11110
3,957
3,957
8,X?3
,9nii
17,2Xg
?0.000
In,141
?48.()5?
1.91)0
17.?%9
2n.DllO
550
22.398
5,nno
Yoiiih Mii)i%lry
Niltioniil Schi)i)1s SinbFjI)gi Progyr&iiiime
St. Vii)CLiII'% N.li%%ioiiHuli
LourLlc% Pil&Trim2bTe
'al%inbh'ini PilgTrimdgTC
24%,652
214,645
5148
1115,497
1.078,419
1,183,916 1.179.758
Other ITli'e5tiiient liictsme
Pthrishes
2024
Curi
21124
Totul
2024
Totul
2023
Int4rLNt (In CilNh dL'P(l%it.
ListLd Ii)i'c8tincnt inLoinc and i)thLr ini'esimLnt inc()tTIL
3.544
115.513
i on.3?5
104,745
?15,83
??3,80?
175,761
Ixpcnditure on Rthisino Funds
Pthrishe5
2024
2024
2024
2U23
Fiind_raisiniT Costs
Baiik ClIArilC%
IIiN'LsiniLI)i Nliii.ioeni¢iJt C'osts
Iii%'esimLnr Propcn). MJii'iiJomeiii & F.XPinscs
•0 (}63
3).641
33.405
31.973
4:.460
13112?
136.1}_In

Page 23
DIOCESE OF HALLAM
(Rotnall Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
7. Charitable Activities
Direct
Costs
fiupport
Costs
Total
2024
Tfjtal
2023
Pari.flies
Chiircli Aliar & LilurgTV
Parish &TLllLrdl runnin&y Losts
Pri)perty i-epdirs lind maiiiiciiaiice
C'.lergy cos(s including? trai'cl CXPCllbCS
Sial'l"Lost
IlipfLLiaiiun
Kcpo%iiory, Flo()k.4¢all & N¢iv%pk)p¢r cxp¢ns¢s
C".alLLh¢¢iLal PJ%lural Miiii.%lry
PaymLni% io Ilcligyioiis ()rdLr.s re Pari%h SistLr%
ProfLtssioiial (LLS
172,045
1,099,688
()fig.9811
40? 566
172,n4i
1,099,688
669,980
40? 566
2(>3,4?4
7110,968
3C),300
12,1?0
12.006
2,4110
54,617
3,4?6.114
12(1,831
1,197,264
633.430
380,469
241,96?
683,314
263.424
700.gC)8
36,300
12,120
12,011()
18,339
17,106
2.400
39.849
3.3711,493
3.4?3,714
2.4110
DireLt
Cost5
Suppnrt
2024
2023
Ciiri
115.5411
2X.4311
).143
98,£75
()L),31}4
X5,5411
?(),413
X7 1)77
(iciiLral l)i()CL.%jlll F.XPLndiiurL'
Jubili¥ YLJr
983
91.:()7
04,407
I7,(￿17
27(),772
6<),394
11),1¥5
2()11.35X
I lallain Pds1()ral C"Iiiir¥
SLliu()1s DcpJrtlllLni
2C)11.38%
CNIAT SLIIIP Ll)s15
PrLIPLn>' r)Li?arlii)¥i)I
I ILi& Ill) & Safi¢y
140,835
5¥.318
15.2x8
3().444
84.154
94.483
46.071
36.961
94.882
3,500
IXl)16
3X.4(Tr()
13L).642
60.614
13.7k5}
3.14 956
Clcrb) b(Iiin<llion Lt Traiiiiiig
C"ILr¥)' %iippoi1. IILlI'Lal Aiiiiual C"Iiiifcr¢zi¢
ick &. IILlirLLI CI¥i"¥v
tional Lci'ic
tirantS tu Sihvvl% IDii)LL5an Slhools Buildiiig Fuiidi
Caritas HLLllaii)
PadlL)' CliapLI
Si 11 ilfriil's CEI)trL
18 C)16
38.46Y
J(),()4?
53,442
33.3()6
59.7aC)
7,062
312 ?82
3.X7
43().IIC)9
60.111
3,615
?fi0,3¥?
(?? !4X
17.107
2.540.695
{3,7%$1
339,X3n
11.12n
5,574
474
Llurghi¥-Lillis Hall CL'niLItL Tr.
3119
2%? R15
•X?.815
ProfLs5iunal ILLS
Nii tiundl SLliuii15' Singling ProLFrdinnii
34.6)5
- J4.6()3
34,655
?.40i.041
170.)48

Page 24
DIOCESE OF HALLAM
(Rotnan Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
Allocated Support Costs
Parishes
2024
Curia
2U24
Total
2023
2024
Final)¢¥ D¥parimLI)i & TruslLL ni¥LIIii&i Los15
QiovcrnanLe
Legal & l)Ihcr ProfLs%ional Fees
Audil
Accoui)tanLy
95,865
95,865
?,400
17,400
57.083
2,400
12,132
16,470
55,603
17,400
57,083
170,348
17?,748
179.285
Totgl
2024
Total
21123
st￿[[ Costs
Salarii
S(Icial Sccuritv C()%ls
PLn%i()n Ci)s1
1,343,056
)0 ()70
1,28C),X68
88.51)]
64.??9
1,4l)1,150
1.44?.688
,Ivera&ie nuniber of enipl¢)vee$:_
2Q24
2023
PurisliLS5
53
53
r)iOCCbiin DcpilrtniLnt% & Abrcncie
t)iOCC%iin Urb£illi%iiiion
19
20
34
In3
107
Thc nunibcr of cmJ)Ic))'ec% ii'h(>%c cn)i)liimcnts fcll i¥'iihin Ihc IcTrll(IiK"inbT b£ind KVd.%:_
2024
2023
£70,001 £8n.oon
Duriiig the !e?I r. pei)sioi) contribiitions lor the aboi'e 17l1)OLlI)ted to L15.07912093.. L 10,3611.
The CQbt ol. Key In.Ill<l&?emeiit pers01)nel ls<llJr)'. emplo!er'5 ll¢ilioiial insurance and einplo)'er's pensioi) contribiitionsl
'.Is L)?0.1)%2121)?3.. £??l.%()41.
Cl¢r(FV re not ii)cliided ii'itl)iii the 21 boi-e .Is tl)ey .Ire Otlice Flolders ai)d not eniplovees of tlie Ch<irity'. Pi2y'iiieiits to
C leriiv .'Iinoiiiited to 14()7.-f 99 {21)?3.. £4.72:31171. Pa)'nientb to Relioioiis Order5 tor P41risli Sisters £iinoiiiited to L l * 111)6
I?0?3.. £17.106}.
In c1ddilion to en)plo)'ees. tl)e C.h<lritJ' l)as a number ol- Lillpiiid i'olunteers ii'ho help in Ilie parishes and in Diocesan
Oriyaiiisations.

Page 25
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
10
Trustees (Finance Board IWleniber5) Information
The solc Trustec ot the Roman Caiholic Dioce%e uf Hallam Trust is a TnJ%i Corporalion, DivLL%L ol Hall(Ili) TNSILI. Thi
dir¥iloi% uf DiuL¥NL (If Hallani TrustL'C arL. knoivn a.% M¥nib¥r% of ihe FinanLe ljoard aiid Jrc TnistLes iii lai¥.. Nonc of thc
M¢mb¥rs ot thi Fiiianc¢ Board reLeii'Ld reiiiuiicratioii lor tlicir rull a% Tru%lLe%. Fuur NILnibLrs of IliL FinaiiLc Board who
sLrved duriiigF thL yiar arL Rumari C.aihulic Priesls of ihe Dioccsc, and ivLre housed and remuneraled iviil)in iheir pari%hes.
Tci l)iin ii) Ihe perforiiillncc ot Iiis dulli%, IhL Bibliup is pruvidLd ivitl) a IIuusL, aiid hi4 ¢xpiiiNLs iii C(Ir￿lI]g out IIIN uffiLL
ari mcl fruni c.urial FuiiJs. ThL' lulal rcmuncralion rcccii'Ld bj. IhL Llergy TrusleLs ihrougli il)cir ec¢l¢siasti¢al uffiLc laiid
not thruubyh th¢ir posilion a% IruNIic5} Ivas £43.977 (2023.. £38,315).
Non¥ of Ilic Mcmbcrs ot (hi Fii)aiice Board rLLcii'cd aIiy rLiinburseinei)i of LXPL115LS arisin¥ frum Ihcir posiiiun a5 TruslLLS.
Indemniti, Insurance
harilable Tru%tLL IndLinnity Insuran¢¢ tor Li Inilli()n Loi'Lr il'as incurporatL.d in IhL Ol'Lf£l11 puhli¥ liabilitv 4ind building
in%urancc arr&ingLmLni% iniidL liir IhL eharily.
12
Tan2iblc Fixed Assets
Freehold
L¢as¢liold
Lllnd
Fixtures,
Fittings,
I 'lntar
Veliiclc5
Building5
Buildink¥s
Equipnieilt
Ttstlll
C05tlFuir i'4lue at acquisition
ill l It JiinLliiry 2024
Adliilinn
r)i%p()Siil
40.I)8 j.3X?
49,469
1,089,Q33
2.13X,fiX6
33,945 44,246,486
49,469
{115.9371
IX5 ()37)
As Jt 31 5¢ t)cccmbcr ?1)?4
41.034.851
,11113,Q96
2,138,n86
33.985 44.2111.1118
Depreciation
A.4 ilt l.%1 Jiinllilry 2024
Chill'gc li)r thL l eiir
r.liminiiicJ on di%pos<il
21.567.?09
75%,•37
()h? 817
6.724
{44:()1)4)
1 S•5.71)7
58.064
33 1)85 23,781).808
x? B.n?5
144,h941
A% ilt 31 51 r)cccmbcr 20?4
??.3?j,446
()?4,847
1.583.,%61
24,568.13Y
i et Book I'alue
Ils at .1 1.st December 2Q24
18.71)1?.40 j
379 ?49
554 ?95
l (}.f>41.87()
As ilt 31 Ji Deceniber 20?3
1().418,173
4'(}.?16
61? ?Ii()
?0.456.6711
Net Book Valiie is ai 31 sl Deceiiiber ?1)?4 represei)ts tixed .Issets iised lor'.-
Parisli piirposeb £1.5.7 j?.913 1?1)?3 £10.410:6461
Lurial piirpi)¥es
£3.%8,8.9C)C) {:0?3 .' £ 4.114().11!?
LJnd 'iiid buildinLYs 1)cciipied bv Ilie diocese s Ni'o Nqiilii Ac,Idemv Triisls. Cic tholic Iloluiitiiry. Ac.Ideniies 11 nd Voliiiit.iry'
.4idid SLhuols aic not capitaliscd biCaUSL Ih¥lW 'ifc L0115idifLd lo bc of nil i"aluL ISCL accouniini?
polic J. noii &.3a tor lurthcr

Page 26
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2(124
13
Fixed Asset Ini'estments
2024
2023
(a) Listed Ini'estments
Markcl ValuL I st January 2024
ALqui.%ilioii
at ()penin¥ Klaliie {Note l)
NLI unri&ili%L¢J inN"L%linLnt gaina{111%sLS)
3,7?9,714
85(),L)Q2
(837.829)
204,913
3,510,124
1,57? X55
{1,493,091)
139,826
Market ValuL
1131 st DccLmbLr 2024
3 l)56,7011
3.729,714
(bl Unlisted Ini'estnients
ThL C athuliL Nationiil MLItU<il LiinitLd
Iniir_r)i()LL%£in FIIL'I N,l£in2i blL'I)ILnt LiinitLJ
4,QO()
4,0110
4,000
4,Onll
x,niin
(L) National Sai'ln%s Deposlts &. Bi)nd.%
M<irkct Valiic al l Nf J*inudry 21124
99.11011
M4irkct V4ilLie &i131 $1 t)eccinber 211?4
99.Iinii
99.nnn
(dl dc'p051ts - poiidiiig reiiii'i's¢n)c'iil
Siockbrnker's dLPO%It liccount
51,645
2024
2023
(e) Ini'e$tment Properties
M.Irket Vilue al I sr Jaiiudry 20:.
Tr.Iiisler tr()ni FunctiL)n21 Filed Assets
Dispos.i1s il Opeiiii)¥ Value {Noie 11}
Net <?.2111.'1 lois) 01) rev'ilii.Ition
4,3.f1.9.iO
4,4?4.763
172,8131
rket V&iliie at 31 st Deeeniber ?11?4
4.351.9*1)
4.351,9$11
TOT.4L FI.XED ASSET INI I'ESTiiifi NTS
8,464.516
8.240,309
Coi)tinLied Pa¥¢ 27

Page 27
DIOCESE OF HALLAM
(Rom3n Catholic Dioeese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st Deeember 2024
Fixed Asset Ini'estments (Continued)
2024
2023
Note (I)
Pro¢¢cds
Rc(Iliscd (CJaill)/Losq
884,500
(46,671)
1,479,256
13,83)
837,821)
1,493,01)1
2024
2023
te (11)
Pri)cLid
RLiili%Ld ((iLiin),'L()s8
72,?13
6nn
7?.813
MJrk¥t V411iiL ul 31 51 DLLLinbLr 211?4 rL'prL%L'ntLJ ini'L%iiiILiils hLld liir'.-
P*iri%h piirpo%c% £4.411fi.819 1?1123.. £4. J9().?.l?I
Ciiriiil piirpD%es £4,1157,697 (?0?3.. £3,844,077)
Tlie l)iNtI)ricdl co%t ol. li%t¥d invcslnicnr% 14 £3,194.522 {?Q23.. £3.195,713).
Thi Linli%tLd iniL.%tIl)Lnl in Th¢ Catholic N41ll()ncil MulLl&il Liii)itcd c:In onlj bc dispo%cd ol. ai p411-* lind Ilic historical cost
ot th¢il ini'cstincnt is £4,111)11.
Th¥ iinliiicd ini'eNlmcnl in Inlerdi(Icesiin-Fui l ManJgicmcnl Ltd iV1c 4 dcquircd (In 31, N.larch 20•? ilt a i':Iliic i)f £4,Q(>Q cind
can i)nly hc di%p(1sc<l ol'al l?fir.
Inv¢%lmLnt Prupcrtics arc bi15cd t the Tnistc¢ % bc41 c.%liindlc (If fiiir i'dluc at the Balanc¢ Shcci dali.
TIIL Ini'Ls¢lll¥ni Propirtiis l¥'ll'C i1c4iiirid clt nil ciist (in f(Irni¢ili(>n (>f Il)c r)iiicc%e iii l L)¥n <ind i)n the 4iibscqiiLI)t irin4ler i)I'
01)L p.insh I'rL)In l %LP:IrJtL Irii%tiL.
TIIL Ini2jl)rity (71. thi ini'iltmini prupLrtIL% 11 LfL fLI ciluLd pri)fLS.%11)n<illv Jt 3
De¢ember ?0?? .11 c)pei) marker 1.11 liie b). L'oiiiinerci.Il Propen!. Ri)tl)er111m Ltd. Tlie i'eni.iindei' of tlie ini'estiiient
properties i¥'ere rei'alued as al 31, December 2022 bj. otlier valuers, local lo iheir Iocilllol).
All inveslnieiil properiies are siluaied in the UK.

Page 28
DIOCESE OF HALLAM
(Roman Catholic Diocese ol Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
14
Debtors
2024
2023
Amount5 falling due ii'ithin one year
AcLrueLi Inleretr+l reeeiN'able
(Jifi Aid Tax reLOI'L'rable
1,50)
611,1141
469,056
XI?705
13?519
3? 5L)2
3,192
35.51()
?S,8S6
840,311
117,645
13.3a6
OihLr f)ibiors
PrLpaymLnls
Pa.%lurdl Li)l£ n
,5118,418
I.Q3X.85()
ThL P£lStur1i l Loiills mild¥ arc ti) priLsls, inlcrL51 frLL and rLP%iyablL c)n demand.
thLr DLbiur.% inLILidL'% £486,815 (2n23.. £489,815) scl-up ¢usts snLI 4)n bLhuif<if tlie t￿.() di()LLsun Mulii ALudLmy Tru%t
e%l&ihlishLd dLiringy ?0?? ThL' II)iin 1% intLfL%t trei. Whilst Ntill rcp¢ly¢iblL un dcmand, Ihiq i¥'ill bc rciinbiirsLd oi'cr Ilic
L()niing yLar%* 11.4 ihi Tru.41% grriiw.
All IlLI)Iiir% ari ripayiihlL ii'ithin (>nL yLlIr.
Liabilitie%: klmauiits falliiig due ii'i¢hiIi oi)e year
2024
2023
Siii)Llrv Creditnrs
f)n-, LC'.V AP I'liiidingy hcld lor [)ioces￿1n Vollintary Aided Sch()()l.
PAI. F. Ci'cdilor
ThirLI
irty Collcction
AcLfLial
124.125
l?,539
l S?,11()9
7171.31 {)
5,?57
41.357
X3.7() J
44.(?C)2
74,574
()0? l)30
l.n45.5X6

Page 29
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2U24
16
Restricted Funds
Ini'estment
Gainsl
(L Trsses)
Balance
Bjlgnce
31.12.24
1.1.24
Income
Expenditure Ti'ansfers
Pari.sli Fiiiids
Parish RLsifiLILd Properly
J.J. EyrL Fuiid (S( ViniLnt'sl
J.J. EyrL Fund Isi Nlarie's)
thLr RestriLtLd Piiri%h Funds
5,321.774
33,816
55.387
477.29%
(129,397)
{5,353)
5,192,377
33.509
65,363
445,754
1.664
2,771
3,3¥2
7,205
(11,727) (19,817)
Ciirifil Fiipids
SiLk & R¢tirLd Clir&y Flind
PriL%ts TrL1 ining Flind
Fi)IindL21i()n Mii%%CS Fund
DioLL.%cin SLho()1s Building Fuiid
Ni¢ lii)nal Singyingy Pr(IgTriinittL' Flind
Caril<l.4'. N4ili()nal Li)ItLrv C'.(Iminunity Fund
¢lritii.%.' nihir RL%lriLlid Fiinil
L(IiirdLts Pil&Friin4lgFL .' RL%lriLlid Fund
St. Will'rid's C'¢ntri RL%ifiLILd Flind8
St. Il'illri4J's PldLL IIL.%lriLtLJ Pui)d
7.1127
15,225
6L),621
33Y
(13().64?) 118,637
{18,916)
(33L))
3.785
134,655)
5n,705
51.77?
55,557
23,6?0
26,100
5? ?(111
86,()1111
{10,275)
1.500
3.7()3
1,37Q.%39
),3116
l1),81161
(31,8811)
1,338,() j9
7.3 jl},26()
?¥3,226
(414,3115)
111.587
7,337,5()7
lal P£iri%h Re.%trictcd Propcrty Fund Thi% fund rcprcsents ihe Pdri%h propcrty rh&lt is .%iihjccl Its a Special Tru%t? ¢lt ils Iicl
bi)i)k i'l11uc 41t thc Biilancc Shccl dkile.
(h} Othcr Rc%trictLd Pdrish Funds - Thi% Fiind prcdon)ii):Intly repre%Lnl.s lunJ% %iri.4ing trom Ihc di%posi110l' Snlly StreLt hy St
Vincent'% Pc1ri¥h, i¥'hich drL ti) bi ilscd only. l-or Ihc benefit ol. tlidt P*iri%h.
Ic) Si Will'rid'% Plilcc Rc.%tricted Fund - Thi% Fund rcprc%cnt.% the &iinoiint% rcccii'ed in re%pLCt ol. 41 prnjcct in Shellicld (o
prlii'iclc %iipp(irtcd h()Li%ing. lor <idLili%. ii'hich h¢id niil bccn CXPLI)dLd ilt tliL Fliil:Iiic¢ Sh¥cl ddli.
Idl C.irit'i%'. N1tic)n;)I l.uttcrv Qoiiiiniinity Flind This Fund rLprc%cni% tl)C gTf<ll)t% rcceii'cd tr()In the N.Ili()niil l.ollcrv
C'i)niniiinilN' Fiind Recichin&F L'i)nin)111)itics.'P'inn¢r%hip% in rc11i li()n lu ciiun%LllinLi %¢ri'l¢1%, ii'hich h41d nui l)ccn c.XPLnded
%lt IhL Balancc Shcci datc.
(i) C,'Irit'is.' nthLr Ri%iriclid Flind4 - Thi% Fiind rLprcsents thL. h.IliinLC C)t gr£ints rcecii.ed in rLSPL'Lt ()I' coiinsillingi %Ln'icLS.
.liicli l)?d ni)I beeii eipeiided ilt the Baliince Sliee( dll te.
I n Dioces.iii Schoo14' Biiilding, Fiind. Trainii)Ll Fiind This Flind reprebenls tlie iifiioLinls receii.ed bv this Fiind lo eiiable
?rii)ts to be Inide to diocei.2n Voliiiitiiry. ..lided School% to dbSlSt IIILin iii fiiicinLingT Il)e Goi ernor% Ill/,, li.Ibilitv lor
bLiildii)iJ improi'enients and repi?irs ol- school buildiiigs.
17
Llnrestricted Fund5
Ini-e5tnient
Gains
(L05scs)
Balance
1.1.24
Balance
31.12.24
Income
EipendilurL'
Transfers
Piiri.Ili Fiiiids
Giiieriil Fiiiid
DeSi￿n￿led Funds
Piiri%hci Fund lor Fixcd AsSCtb
8.11•).6()7
3.866.51)7
1? 7()6.¥?8 I {7711.4i41
X,3?1.917
l? j6%.87?
li71.5711
i ?.n4Q.f 16
111. j91 ..f 69
3.8()6..50?
13.368,3991 {7?7.?191
lQ.)6?.4i3

Page 3U
DIOCESE OF HALLAM
(Roman Catholic Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 2024
17
Unrestricted Funds (Continued)
Ini'estment
C¥ainsl
(L055es)
Balance
1.1.24
Balance
31.12.24
Inconie
Expenditure
Transfers
Ciirial Fiiiids
GenLral Fund
2 ()51 ())(6
1,155,768
11,172,772)
653,223
225,496
3,813,711
Designated Funds
Curial Fuiid for FixLd A%%c15
Needy P<lri.bhe% Flind
Cariia.4 Hallam Fund
St. Will'rid's C'cnlrL Fiindg
Si. Wilfrid's Pl¢lLC Fund
Loiird¢s Pilgriin¢2g¢ Fund
Wiilsin&Thiim Pil&JrimagiL Fund
11)38.414
23.767
263.6Q6
360.5x3
576,541)
22,3?1)
3,183
9,?50
(53,380) (35,009)
1,859 ?75
26,7a5
1 ()4,() j6
371,741
604.280
??I,u?I
396,6?2
1116,478
157,C)56
(305,172)
(435,464)
50,nno
(28,738) 150,000)
(IX3 ()?7)
10,185
15.501
3.014
(),141I,411()
2,11511,0%4
{2,17().673)
6?8,391)
24n.()97
6,880,216
(u) P£iri%h Fund l()r Fi.YLd A%.%Lt.% This Flind L()mprisL% thL amulilli ()f IhL' net b()()k valuL ()I' tixid ii%.4iig f(Trr Pari.4h U%L at tIIL
hiiliillcL shLLt d<lt¢.
Ib) Ciiri<il Fiind l(Ir FixLd A%%LI.% - This Fund ¢(Imiiri%cs thi ami)Linl ()I' IhL llLI bouk i.'alLIL l)f IIxL(l ¢l.%%Ll% l(Ir giLllLf(Il DiiicL%&in
LINL, ilt thL I)jil<inLL 4hcLi d¢ltL.
Icl C'4lriti1S H&ill:Im FLlI)d Thi% Fiii)d rcprc%cnl% IhL (iinouiit d¥sigTI)Iilcd li)r IhL ciclii'iiics ol- C<irilil% H4111'im.
Idl St Willrid'% CcnlrL FLinLIN
Thi.% rcprcscnlN lund% LIc%igTI)<ileJ lor Ihc opcriltion of Si Wil Irid's Ccnlrc.
Icl Si Wilfrid'% Pl&lCL Flind Thii Fiind rcprcscnl% Ihc &111lOLint dc4igjn.iicd in rc.4pccl ot a project in Slielfi¥ld proi'iding,
iipN)ncd hoii.4ing. lor iidiilts. Ivhich h<id ni?1 bLin Lxpiiidccl .11 thL Fl'il:Inc¢ ShLiI d.Ilc.
18
Iliiali'sis of IN¢'l ilssets Belii'een l."und5
Ullrestrieted
ruiids
2024
Restricted
Fuiid
2024
2024
Fund Bulunccs ￿t31St Dcccniber 2024
?7.•4?.669
7.137.597
34.SSO.?66
ReprL'senled b!.:
Tan￿￿1b[e Fixed Assets
Iiivebtnienis
C'Lirreni Asseli
Inler-fiii)d offsei
Liabilitieb '. Aiiiounis lallinL dul ii-iihin onc ￿ear
14.5?%.327
6.9:1).()47
7.131,7%.3
{437,3%?
{91111,7Iic))
$ 113,!.f?
1,543.8C)9
?4j.l}18
437.38?
{?.2?4)
19.641.879
,464.51 (7
7.376.8111
19119.9301
Total NLI Abbcl
?7.?4?.()69
7,337.*97
34.5811.?66

Page31
DIOCESE OF HALLAM
(Roman Catholi£ Diocese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
l'ear Ended 31st December 2024
1 g Detailed Ailali'sis of Net A5set5 Behveen Funds
Tangible
Fi¥ed A55et5
Net
Assets
Inter-Fund
Loan5
Ini'eslnienls
TOTAL
P,IRISFIES
Restricted Funds
Pari%h Re%lriLILd Property Fund
J.J. Eyrc Fund (St VincLni's}
J.J. Eyre Fund (St. Muric'b)
IhLr RLstriLILd Pari511 Fund
3.712.377
1,480,OQO
21).143
34,726
5,199,377
33,509
65,363
445,754
13,3()6
30,637
8,372
437,382
Unrestricted Fund$
Pari%hi% Fund lur Fixed As%cts
()Ili¥p' UJiii.fli'ic'tL'Il Fiiii(l.f
1 ? 1140.536
12,040.536
CJLnLral R¥%¥n'L
? 871.950
4,40C),X19
2,ni)7,6?2
2,05L},()()7
3,442.34)
3,87(),7?7
8.3?1,917
26,(1()9,456
15.75?.913
Tangihle
Fixed ,Issets
et
Assets
Inter-Fund
Loans
Ini'e$tnients
TOTIlL
CLIRI.4
Restrieted Fuiid5
Sick &. Retired C'lcrgy Fund
Pri¢%l%' Triiiniiigi FLiiid
Fpiinddlion Flind
Dinc¢%Jn Schools, Biiilding Flind
N:IlianJl Singiingr Pr()gFrillllll)L Fiinil
C'iirit'is.. N'iti()n.'Il L()ttciv Coininllllitv Fund
C'Jrita%.' Oihcr Rc4lriclci] Gr<inls
Si. Willrid'4 Ccnlrc.. Rc%tricted Grant.
Si. Il'illrid's Pl.Ic¢ Rc%irictcd
Liiurdci PilbFrimabTC'. Sick Cliild Flind
61,216
159,Ih9)
5a,7115
13,518
55,557
?3.(??11
2.n47
5n,7Q5
55.557
2.1,()?11
96.11)11
76,3?5
3,263
,338 1)5()
76.3? 5
2.263
i.ooo
1,33,%.gi9
1,500
l L)0,411)
1,401.175
).non
1.6nO,i()4
Llnrestricted funds
Curial FLind li)r Fi.xed ASSLt
Need). Pcifishes FLind
Caritas I lallan) Fiind
Si. Wiifrid'% Centre Fliiids
Si. Wiifrid'b PlclLL Flind
Lourdes Pilgrimd¥e Fiii)d
I'alsiiigliani Pil¥rin)<liJe Fliiid
Oihc'i. L'iii'c'J'lri('lÉ'(l FLiii<l.%
1.888,7L) I
?(),516)
l.X59,275
26,705
194,9i(?
371,741
(?114.? 811
6,534
3,014
?6,70S
149.8431
1 ()6,1 ()5
173,67,%
9.70?
?44.799
16,*45
38?,4)5
(40.999
{3.168
Generiil ReseTh"es
3,81)3,898
4.Oi7.697
3,864.01)4
4.413.874
(3.%54,11)11
(3.879.7?71
3,813.711
8,4¥0.X I I)
1.88%.9C?C)

Page 32
DIOCESE OF HALLAM
{Romaii Catholic Diucese of Hallam Trust)
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 31st December 21)24
211
Third Partv Collections
Third Party LolleLtion% arL takeii in CliurLhes ivitli ihL pèrmii%iun uf ihL C.harily bui ihe funds arc not uiidcr ihc Lonlrol of
IhL Charily and arL cxLludcd frL)m Ilie Sialcmcni of Financial A¢tivitl¥S.
21
Entitlement to Future Legacies
LegaLiLS arL' recogFni%cd whcn thLfL is Lnli(ILmenl, certainty of receipi, and Ihe legaLy Laii bc mcasurLd. Tl)c charily
considers (hat cnliilcineiit is ￿,hell esiale accounis arc scitlLdlihcrc is i)()lification uf a diblribulion.
22
Connected Charities and Related Part). Transaction5
ThL Bishop of Hallam appoinls Fouiidalion Direclors of Cail)olic Voluiilary Academieg and Ihc livu dioLcsan Mulli
Ac4idemy Trnsls and Foundation GO￿.Lrn()r.￿ lu IhL Goi'Lrnin¥ Bodies af DioLcsan School4. Fuiindation
t)irLLt(Ir%,IGI)N'crni)r% forni u miijurity in L'ILI) Tru%U%chool. Tl)L aLldrLssL's u1- DiucLSal) Schoolq arL dLlailLd on thL
DiiiLLSiin ii'¢h%ili. (irani4 InadL' by IhL Lhiirity t() V(IlLinlciry Aid¥d .%Lh(i(115 for biiilding (2nd rcpiir ¢i)slN. Ihri)IiL,h Ihi
DiaLLSiin Schools Buildinb Flind aniuuntLd to (£3 C)Oi} (?0?3.' £6.94D). Nu gran15 H'LfL m2( dL Ill SLh(i(Il.% by pari4hL
IILirin¥ IhL yLar {20?3.' LNil). Ai 31" r)LLLmbL'r ?11?4 thc ¢h'iriiy held itinds c?mounling tu £659.53() (20?3..£762.310)
representing Dtt ¥riint monLy hLld lor Dioceg&ln VA School%. ThL LO￿¢5P{lndln&7 crLdilor 1.% shown in NotL 15.
Di()Lcsc ol'Halliim TrustLL' 1% a150 TrustLi of Si. Miihu¥l % R()mun CdthuliL ChurLh £2nd Prn'%hvlcry. Hiiihcr%ugie, a scparalL
hlirity. Ai 31, r)Liimb¥r 2024. thL Lhiirity hLld £211,277 on hLhi& It of the &il)()I'L Lharity.
23
Finthncilll Inslrunients
ThL charitv had ihi fulli)Kving finanLiiil inslruinLnl.%'.
2024
2023
Fi.ILd & ciirrci)1 &1s%cI infve%ln)eiitS
F.quit)' il)V¥slniLiil% ai)d dLP()%it.
$ 11?.5()()
l.X%8,359
Fin;Iii¢iJl a%%c15 Ihill arc dLbi in%lrLimLnts n)c:1.4urcd Jt Jmnrtis¢d co.41'.
r)Lhtor
1,-175.%99
9?1 •14
Finiin¢icil licibililic% Inca%Lircd 4lt ainortised colt..
C'r¥dilors
i)Q? ()30
1.045,586
()0? ()30
1.1145,511
24
2024
2023
P¢ifis1i Expendiiure
Ciiri.21 Expenditure
4.5,1?0
3,749
33,971
Ii)clLided ill .Inioiints aiiihorised 1re net iinic)Iiiits contracted lor
33.971

DIOCESE OF HALLAM TRUSTEE
Hallam Pastoral Centre, St Charles Street, Sheffield S9 3WU
30 October 20?5
Warrens Accountants Limited
Chartered Certified Accountants
Registered Auditors
33 Thorne Road
Doncaster
DNI 2HD
Dear Sirs,
Letter of Representation
We provide this letter in connection with your audit of the financial statements of the
Diocese of Hallam for the year ended 31 December 2024 for the purpose of expressing7 an
opinion as to whether the finc1ncial statements g7ive a true and fair view of the financial
St
position of the charity as at 31 December 2024 and of the results of its operations for the
year ended in accordance with UK Generally Accepted AccountingF Practice ("UK
GAAP") and SORP FRS I O?
We contim tliat the folloNI'ingF representcltions are mic de based on SLIt'ficient enqiiiries of
managlement and stclt't. ￿'1th relevaiit know'ledg7e and experience and, where appropriate, ot.
inspection of supportinbi dociimentation and thlc t, to the best ot'our know'ledgye and belief,
'e Lan properly make each of these representations to you.
We liave luifilled our responsibility for the financial slalemenls of the charity and tor their
presentation in accordance iviih UK GAAP.
We have fLillilled our responsibiliti, as meiiibers ot" the Finance Board of the trustee for makin&
accurate represenlalions to you.
We have fulfilled Olir responsibility, for the desigyn and implementation of intemal controls lo
prevent and delecl Irc1Lid and errors.
4. All accoiinlino records and relevant infomialion have been rnade avai11< ble to you for the purpose of
yoiir Illidil c1nd lie have LFranted Linrestricied access lo personnel ot" the ch1< rity.
5. All the transactions undertaken by the Lharity have been properly reflected and recorded in the
accouniints records or other inforni<ltion provided lo )'ou.
In respect of accounting estiniates and judTrements, IN'e Cont-￿ our belief ihal ihe siiynificant
assumptions used are reasonable.
No claims in connection ¥%'ith litigation have been or are expected to be received other than those
disclosed to yourselves and provided for in tlie finaiicial 51alements.
All oranls. donaiions and other incomino resources. the receipt ot ivhich is subject to specific lenns
and eondilions. have been notified 10 )'i)u. There liave been no breaches ot" terms or conditions in the
applicaiion ot. such incominLF resources.
Registere(I Charitv No. il ?021

We are not aivare of any breaches of our charitable trusts and that ive have advised you of the
existence of all endoivments and funds maintained by us.
l O. There have been no events since the balance sheet dale which require disclosure or which ivould
materiallv affect the amounts in the financial statements. Should any material events occur ivhich
may necessitate revision of the figiures in tlie financial slalemenls, or inclusion in a note Iherelo, Ive
Ivill advise you accordingly. We specifically auihorise Mr EJ Whittaker. secretary to the Board of
Finance to provide an update for you to cover the lime period behveen the signing of this letter and
the date of your audit report.
I l. We have assessed that there is no significant risk that the financial statements are materially
misstated as a result of fraud.
12. We are not aivare of any fraud or suspect fraud affecting the charity involving ihose charged with
govemance, managyement or other eTnployees ivho have a significant role in internal control or ivho
could have a material effect on the financial statements.
13. We are not aivare of any allegFalions by employees, fornier employees, reg?Iil<2lors or others of fraud,
or suspected fraud, which ii'ould have an inipact on the charity s financial statements.
14. We are not cllVl¢ re of any knoivn or suspected inst41nces of non-compliance ivith those laii's and
reg?Lillc tions ivhich provide a legal framei¥'ork ilhin ivhich the charity conducts its business.
15. W¢ confirm that complete infomalion has been provided 10 you regarding the idenliticalion of
rel¢11ed parties 1< nd 1111< t ive are not aii'are ot an). SlgFnilicani trans<1Clions ilh relc1ted parties, otlier
Ilian those already disclosed iviihin the tinancial statements.
16. We conlim we have appropriately accounied t.or and disclosed related party relationships and
transactions in accordance iviih Financial Reponing, Standard l O? Section 33 and ivith the
recommendi2tions of the Charities SORP (FRS I O?).
17. There 1( re no liabilities or conting)enl liabilities or gyiiarantees that ive have given lo third parties
oiher than those disclosed in the tinancial slalenienls.
18. Tlie charity has saiisfaciory lille lo all asseis and Ihere are no liens or encumbrances on the chc1rity'S
assets, except for tl)ose Iliat are disclosed in Ilie finaiicial slalen)enls.
19. The charit). has coinplied I￿111] all aspects of conlraLIuc111< bireemenls Iliat could liave a inaterial
effect on the financial slatei)ienis in the eveni of non-complianLe.
?0. We confimi Ihii t in our opinion the MAT Project debtors of £486,815 and School Department
debtors ol￿ed ai Ilie 31 December 20?4 remaininq outstandino al the d<lte ot this letter ivill be
recoverable in full.
? l. We confirni thal. liavinL? considered our e.xpeclalions and intentions for the neit NN'elve months and
Il)e availabilitN' ot- ii'orking capital, Ilie charity is a uoing concern. We are unaii'are of any e￿ents.
onditions: or related business risk-s beN'ond the period of assessnient that ma), cast significant dolibi
on the charity, s ability to continue as going concem at least until the J l. October 20?6.
?? Elpeci c1S disclosed in the accounts, the r¢siilt t.or the period ii.'ere not maleriall). affected bv:
Transilctions ot a sort not usuallN' undertaken b!. tlie charity,.
Exceptional or eNtraordinary' iiems or circumsiances.
Cliarue5 or credits relaiino lo prior period.
An), c111( n(ie in Ilie bc1SiS Ot" accounlinij

DIOCESE OF HALLAM TRUSTEE
Hallam Pastoral Centre, St Charles Street, Sheffield S9 3WU
23. We confirn] that all correspondence iviih the Charity Commission and other regulators has been made
available to you, including Serious Incident Reports made to the Charity Commission.
24. We confim] that the attached actual and potential errors identified from the audit work undertaken are
not material and are to remain unadjusied in the financial statements.
Yours sincerely
Approved by the board on 30 October 2025 and signed on their behalf by:
+ rtoAUL& ￿(1￿ .G.vL
Rt. Rev. Ralph Heskett, C.Ss.R.
Member of Finance Board
Registered Charit!. No. 412021