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|EFERENCEANDADMINISTRATIONDE|TAILS||
|---|---|---|
|TRUSTEES|Declan Linnane (Chair)||
||MarjorieBannister(Vicechair)||
||Adam Hardy||
||HelenHill||
||Maureen Martin||
||Patrick Morrissey||
||DavidO'Farrell||
||JohnShinkwin||
|GOVERNING DOCUMENT|MemorandumandArticlesof Associationdated|ISeptember1997|
|CONSULTANTS|SisterJudithRussi, SSMN||
||BrendanDuffo||
|REGISTEREDOFFICE|IGraftonRoad||
||Harrow||
||Middx||
||HAr4QS||
|CHARITYREGISTRATION NUMBER|106s452||
|COMPANY REGISTRATION NUMBER|03436147||
|INDEPENDENTEXAMINER|OlayinkaTomori ACA DChA||
||LongmeadeConsultLtd||
||Regus House||
||VictoryWay||
||AdmiralsPark||
||Dartford||
|BANKERS|BarclaysBankplc||
||Leicester||
||LE87 2BB||
|SOLICITORS|StoneKing LLP||
||l3QueenSquare||
||Bath||
||BAI2HJ||
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|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2023|2022|
||Notes|f.|I|f,|*.|
||||||(Notel3)|
|INCOME from||||||
|Grants andDonations|I|t5,024||15,024|t3|
|Investmentincome|2|289||289|1,820|
|Charitable activities|J|210,019||210,019|245,540|
|Totalincome||))\?7)||))\17)|247,373|
|EXPENDITUREon||||||
|Charitable activities||193,',752_||193,752|I8l,823|
|Other||||||
|TotalExpenditure||193,752||193,752|181,823|
|Netincome/(expenditure) before investment||||||
|gains/(losses)||31,580||31,580|65,550|
|Net(losses)/gains on investments||(4,773)||(4,773)|3,479|
|Netmovementinfunds||26,807||26,807|69,029|
|AccumulatedFunds||||||
|Brought forwardat startofyear||193,055|8,000|201,055|132,026|
|Carried forwardat end ofyear||f219,862|f,8,000|9227,862|f,201,055|
##
||||2023|||2022||
|---|---|---|---|---|---|---|---|
||Notes|0||f,||||
|FIXEDASSETS||||||||
|Investments||||93,',706|||98,479|
|CURRENTASSETS||||||||
|Debtors|t0|21,972|||20.208|||
|Bankandcash balances||150,518|||117,870|||
|||172.490|||138,078|||
|LESS:CURRENTLIABILITIES||||||||
|Creditors:amountsfallingduewithin
onewithinone year:|II|(38,334)|||(3s,502)|||
|NETCURRENTASSETS||||134,156|||102,576|
|NETASSETS||||*227,862|||f201,055|
|Representedby:||||||||
|FUNDS:||||||||
|Unrestricted||||219,862|||r93,05s|
|Restricted|t2|||8,000|||8,000|
|||||f227,862|||f,201,055|
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|FORTHE YEARENDED31MARCH2023||||
|---|---|---|---|
||Notes|2023
f,|2022
*,|
|CashflowsfromOperatingActivities||||
|Netcashoutflowfromoperatingactivities|A|32,648|Q2,525)|
|InvestingActivities||||
|Purchaseofinvestments|||(85,000)|
|Changeincashandcashequivalents in year||32,648|(107,525)|
|CashandcashequivalentsatIApri12022|B|117,870|225,395|
|Cashandcashequivalents at 31March2023|B|f,I50,518|9117,870|
|Notes to the CashFlowStatement||||
|A. Reconciliationof net movementinfunds tonetcashflow fromoperating activities||||
|||2023|2022|
|||f|0|
|Netmovementinfunds(asper the Statement ofFinancialActivities)||26,807|69,029|
|Adjustmentsfor:||||
|(Increase)indebtors||(1,764)|(8,693)|
|Increase/(decrease)/increasein creditors||2,932|(79,382)|
|Netgains/(losses) on investments||4,773|(3,479)|
|Netcash(usedin) operating activities||32,648|(22,525)|
|B.Analysis ofcashandcashequivalents||||
|Cash atbank andinhand||f,150,518|f117,870|
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|GRANTS ANDDONATIONS|||||
|---|---|---|---|---|
||||Total|Total|
||Unrestricted|Restricted|2023|2022|
||f|f,|f,|*.|
|Donations|15,024||15,024|l3|
||f.15,024|f-|Ll5,024|tt3|
|Yearended3lMarch2022|||||
|Donations|l3||l3||
||f,l3|f_|f.l3||
|INVESTMENT INCOME|||||
||||Total|Total|
||Unrestricted|Restricted|2023|2022|
||f|f,|*.|f|
|BankInterest|L289|t-|f289|f.|,820|
|BankInterest 2022|f,l,820|f_|f.l,820|L433|
|INCOME FROMCHARITABLE|ACTIVITIES||||
||||Total|Total|
||Unrestricted
f|Restricted
*,|2023
s|2022
f|
|Consultancyfees|24,028||24,028|25,800|
|Conferences|3,484||3,484||
|Curriculum Development|32,391||32,391|?) 11)|
|NationalRetreatfees|37,037||37,037|32,624|
|NationalSchoolof Formation(NSF)|113,079||113,079|154,344|
||t210,019|f-|f210,019|L245,540|
|Yearended3lMarch2022|Unrestricted
f|Restricted
f|Total
f,||
|Consultancyfees|25,800||25,800||
|Curriculum Development|32,772||32,772||
|NationalReffeatfees|32,624||32,624||
|NationalSchoolof Formation (NSF)|154,344||154,344||
||f245,540|+-|f245,540||
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|4.EXPENDITUREONCHARITABLE ACTIVITIES|4.EXPENDITUREONCHARITABLE ACTIVITIES||Total|Total|
|---|---|---|---|---|
||Unrestricted|Restricted|2023|2022|
||f|f.|s|f.|
|Charitable activities|||||
|Directcosts|||||
|Consultants'feesandexpenses|34,800||34,800|34,800|
|NationalRetreat|30,007||30,007|39,480|
|NationalSchoolofFormation Q\SF)|102,852||102,852|86,000|
|Conferences|5,293||5,293||
|Curriculum Development|156||156|2,928|
||173,108||173,108|163,208|
|SupportCosts|||||
|Officesupport,printing,postage|13,170||13,170|ll,539|
|Travelandsubsistence|3,051||3,051|2,960|
|Insurance|2,002||2,002|1,756|
|Othercosts|231||23t|170|
||18,454||18,454|16,425|
|Governancecosts|2,190||2,190|2,190|
|(lncludingIndependentExaminationfees)|||||
||:!,rt1|f.-|f193,752|f181,823|
|Yearended3lMarch2022|Unrestricted
f,|Restricted
f|Total
f||
|Charitable activities|||||
|Directcosts|||||
|Consultants'feesandexpenses|34,800||34,800||
|NationalRetreat|39,480||39,480||
|NationalSchoolofFormation(NSF)|86,000||86,000||
|Curriculum Development|2,928||2,928||
||163,208||163,208||
|SupportCosts|||||
|Officesupport,printing,postage|Ir,539||I1,539||
|Travelandsubsistence|2,960||2,960||
|Insurance|1,756||1,756||
|Othercosts|170||170||
||16,42s||16,425||
|Governancecosts|2,190||2,190||
|(includinglndependentExaminationfees)|||||
||fI8t,823|f-|,181,823||
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|NET INCOME/EXPENDITUREFORTHE YEAR|||
|---|---|---|
||2023|2022|
||f|g|
|Thisisstatedaftercharging:|||
|Independent Examiner'sremuneration|||
|- Examination|990|900|
|- Accountancyservices|1,200|1,290|
||f2,190|f2,190|
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|INVESTMENTS|||
|---|---|---|
||2023|2022|
||f|*,|
|MarketvalueatIApril2022|98,479_|10,000|
|Additions||85,000|
|Disposals|||
|Net gains(losses)|(4,773)|3,479|
|Market valueat37March2023|f93,706|f98,479|
|Historicalcostat3lMarch|f9s,000|_rrry|
##
|DEBTORS|||
|---|---|---|
||2023|2022|
||*.|f|
|Trade Debtors|19,852|18,508|
|Prepayments and accrued income|2,120|1,700|
||f21,972|f20,208|
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|CREDITORS:amountsfallingduewithinoneyear|||
|---|---|---|
||2023|2022|
||f|f,|
|Accruedexpenses|7,004|8,202|
|Deferred income-depositsheldforfutureconferences|31,330|27,300|
||L38,334|f35,502|
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|RESTRICTEDFUNDS|||||
|---|---|---|---|---|
||Balance|||Balance|
||AtIApril
2022|Income|Expenditure|At3l
March|
||*.|f|f,s|2023|
|CurrentYear|||||
|BuildingtheKingdomFund|f8,000|f.-|f.-|f8,000|
##
||Balance|||Balance|
|---|---|---|---|---|
||AtIApril|||At3lMarch|
||202t
f.|Income
s|Expenditure
f|2022
f.|
|Prior Year|||||
|BuildingtheKingdomFund|,8,000|--_'-|f.-|t8,000|
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|13.
PRIORYEAR STATEMENTOFFIN|ANCIAL ACTIVITI|ES||
|---|---|---|---|
||||Total|
||Unrestricted|Restricted|
2022|
||f|f,f||
|INCOME from:||||
|Grants andDonations|t3||l3|
|Investmentincome|1,820||1,820|
|Charitable activities|245,540||245,540|
|Totalincome|247,313||247,373|
|EXPENDITUREon:||||
|Charitable activities|181,823_||181,823|
|C)ther||||
|TotalExpenditure|I81,823||r8r,823|
|Netincome/(expenditure)beforeinvestment||||
|gains/(losses)|65,550||65,550|
|Netgains/(losses)oninvestments|3,479||3,479|
|Netmovementinfunds|69,029||69,029|
|AccumulatedFunds||||
|Brought forwardat startofyear|124,026|8,000|132,026|
|Carried forwardat end ofyear|9193,055|98,000|9201,055|