| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | ||
| Trustees' report |
2-5 | ||
| Independent auditors' |
report | on the financial statements | 6-9 |
| Statement offinancial | activities | 10 | |
| Balance sheet | |||
| Statement ofcash flows | 12 | ||
| Notes to the financial | statements | 13-20 |
| Trustees | Hugh Patnck | Murphy | |
|---|---|---|---|
| Margaret Ann |
Murphy | ||
| Robert Henry | Smith | ||
| Paul Tiernan | |||
| Mary Agnes Middleton | |||
| Patrick Hugh | Murphy | ||
| Joseph John | Murphy | ||
| Charity registered | |||
| number | 1053956 | ||
| Principal office | 1 Westmoreland Avenue |
||
| Thurmaston | |||
| Leicester | |||
| LE48PH | |||
| Independent | auditors | Magma Audit | LLP |
| Chartered Accountants |
|||
| Unit 2 | |||
| Charnwood Edge Business Park |
|||
| Syston Road | |||
| Leicester | |||
| LE74UZ | |||
| Bankers | Barclays Bank Pic | ||
| 1-3Haymarket | Towers | ||
| Humberstone | Gate | ||
| Leicester | |||
| LE1 1WA | |||
| Solicitors | Crane &Walton | ||
| 24 De Monfort | Street | ||
| Leicester | |||
| LE1 7GB |
| Unrestdicted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| Note | F | 6 | 5 | |||
| Income from: | ||||||
| Donations and legacies |
3 | 343,750 | 343,750 | 471,375 | ||
| Investments | 4 | 120,047 | 120,047 | 62,147 | ||
| Total income | 463,797 | 463,797 | 533,522 | |||
| Expenditure on: |
||||||
| Charitable activities |
432,945 | 432,945 | 499,775 | |||
| Total expenditure | 432,945 | 432,945 | 499,775 | |||
| Net income before net gains/(losses) | on | |||||
| investments | 30,852 | 30,852 | 33,747 | |||
| Net gains/(losses) | on investments | 9 | 30,198 | 30,198 | (13,488) | |
| Net movement in |
funds | 61,050 | 61,050 | 20,259 | ||
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 3,331,665 | 3,331,665 | 3,311,406 | ||
| Net movement in funds |
61,050 | 61,050 | 20,259 | |||
| Total funds carried forward | 13 | 3,392,715 | 3,392,715 | 3,331,665 |
| FOR TH | E YEAR ENDED 31 MARCH 202 | 2 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | ||||
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | (4,916) | (41,680) | |
| Cash flows from investing | activities | |||
| Dividends, interests and rents from investments |
120,047 | 62,147 | ||
| Net cash provided by investing activities |
120,047 | 62,147 | ||
| Cash flows from financing | activities | |||
| Net cash provided by financing activities |
||||
| Change in cash and cash |
equivalents in |
the year | 115,131 | 20,467 |
| Cash and cash equivalents | at the beginning | ofthe year | 1,187879 | 1,167,012 |
| Cash and cash equivalents | at the end of | the year | 1,302,610 | 1,187,479 |
| The notes on pages 13to 20 form part ofthese financial statements |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| E | E | E | |||
| Donations | (including | income tax recovered) | 343,750 | 343,750 | 471,375 |
| Total 2021 | 471,375 | 471,375 |
| Unrestdcted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 E |
2022 E |
2021f | |||
| Dividends | receivable on unlisted | investments | 120,000 | 120,000 | 60,000 |
| Bank interest receivable | 47 | 47 | 2,147 | ||
| 120,047 | 120,047 | 62,147 | |||
| Total 2021 | 62 147 | 62,147 |
| Grants to | Total | Total | |
|---|---|---|---|
| Institutions | funds | funds | |
| 2022 | 2022 | 2021 | |
| E | E | ||
| Grants (see note 6) | 430,612 | 430,612 | 497,211 |
| Total 2021 | 497,211 | 497,211 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| F | 5 | |||||||||
| An analysis ofthe | payments | made | in the year | isas follows: | ||||||
| Consolata Fathers |
(Makiunga | Hospital, Tanzania) | 100,000 | 30,000 | ||||||
| The Good Counsel | Network | 50,000 | 50,000 | |||||||
| March for Life | 50,000 | 35,000 | ||||||||
| Don Bosco, Sri Lanka (Junior | Seminary) | 37,000 | 30,000 | |||||||
| Holy Cross Priory (Frassati | Centre) | 25,000 | 20,000 | |||||||
| Mary's Meals | 20,000 | |||||||||
| Marie Curie | 20,000 | 30,000 | ||||||||
| Intercare (ongoing |
support to | supply | healthcare | in African countries) | 20,000 | 20,000 | ||||
| Precious Life | 20,000 | |||||||||
| Let the Children Live! |
20,000 | 20,000 | ||||||||
| Steps Conductive Education |
Centre | 20,000 | ||||||||
| Fellowship and Aid |
to the Christians | ofthe | East | 50,000 | ||||||
| The National Brain |
Appeal (support of immunotherapy clinical trial) |
36,000 | ||||||||
| Consolata Fathers | (Education | project in Nairobi, | Kenya) | 11,000 | 11,000 | |||||
| Don Bosco Hyderabad, India |
(Scholarship | project) | 30,000 | |||||||
| StJoseph's Pansh | 25,000 | |||||||||
| Arthur McCluskey | 20,000 | |||||||||
| Missio (completion | ofa perimeter | wall for the Parish Church ofOur Lady of | ||||||||
| the Holy Rosary, Jube, South | Sudan) | 10,000 | ||||||||
| African Mission | 10,000 | |||||||||
| The Little Sisters ofthe Poor | 10,000 | |||||||||
| St Patrick's Missionary Society |
5,000 | |||||||||
| LIFE2009 | 5,000 | |||||||||
| Ratcliffe College Catholic Bursary | 4,612 | 80,21f | ||||||||
| Leicestershire and |
Rutland | Blood | Bikes | 3,000 | ||||||
| 430,612 | 497,211 | |||||||||
| Support costs | ||||||||||
| 2022 | 2021 | |||||||||
| E | 5 | |||||||||
| Governance costs | ||||||||||
| Accountancy fees |
1,260 | 1,230 | ||||||||
| Audit fees | 940 | 930 | ||||||||
| Sundry | 133 | 404 | ||||||||
| 2333 | 2,564 |
| 2022 | |||||
|---|---|---|---|---|---|
| 6 | |||||
| Fees payable | to the Charity's | auditor | forthe audit ofthe Charity's | annual accounts | 940 |
| Fees payable | to the Charity's | auditor | in respect of: | ||
| All non-audit | services not included above | 1,260 |
| Unlisted | |
|---|---|
| investments | |
| 8 | |
| Cost or valuation | |
| At 1 April 2021 | 2,132,282 |
| Revaluations | 30,198 |
| At 31 March 2022 | |
| 2,162,480 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | |||
| Tax | recoverable | 94,275 | |
| 94,275 |
| 2022 | 2021 | |
|---|---|---|
| 6 | ||
| Other creditors | 15,452 | 14,088 |
| Accruals | 2,260 | 2,160 |
| 17,712 | 16,248 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Gains/ | 31 March | ||||
| April 2021 6 |
Income 6 |
Expenditure 6 |
(Losses) f |
2022 6 |
||
| Unrestricted | funds | |||||
| General Funds | 3,331,665 | 463,797 | (432,945) | 30,198 | 3,392,715 | |
| Statement of | funds - prior year | |||||
| Balance at | ||||||
| Balance at | Gainsl | 31March | ||||
| 1April 2020 8 |
Income 5 |
Expenditure 8 |
(Losses)f | 2021 | ||
| Unrestricted | funds | |||||
| General Funds | 3311,408 | 533,522 | (499,775) | (13,488) | 3,331,665 |
| Analysis of n | et assets between funds - current year | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| F | |||
| Fixed asset investments | 2,162,480 | 2,162,480 | |
| Current assets | 1,302,610 | 1,302,610 | |
| Creditors due | within one year | (17,712) | (17,712) |
| Creditors due | in more than one year | (54,663) | (54,663) |
| Total | 3,392,715 | 3,392,715 | |
| Analysis ofnet assets between funds - prior year | |||
| Unrestricted | Tote/ | ||
| funds | funds | ||
| 2021 | 2021 | ||
| 5 | 5 | ||
| Fixed asset investments | 2,132,282 | 2,132,282 | |
| Current assets | 1,281,754 | 1,281,754 | |
| Creditors due | within one year | (16,248) | (16,248) |
| Creditors due | in more than one year | (66,123) | (66,123) |
| Ttl | 3,331,665 | 3,331,665 |
| 2022 | 2021f | ||
|---|---|---|---|
| Net income for the | year (as per Statement ofFinancial Activities) | 61,050 | 20,259 |
| Adjustments for: |
|||
| (Gains)/losses on investments |
(30,198) | 13,488 | |
| Dividends, interests |
and rents from investments | (120,047) | (62,147) |
| Decrease/(increase) | in debtors | 94,275 | (13,340) |
| Increase/(decrease) | in creditors | (9,996) | 60 |
| Net cash used in operating activities |
(4,916) | (41,680) |