2022-12-31-accounts - The Catholic Association

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MANAGEMENT	MANAGEMENT	COMMITTEE
The trustees		delegate to the	management committee, whom				they	appoint,			responsibility		for the	detailed
arrangements		of the annual	pilgrimage		to Lourdes. The	names		and		responsibilities		of	the management
committee	during the year were		as follows:—
		Rt. Rev. P. Hendricks			- Chairman
		Dr. S.Gill			- Treasurer
		Rev. S.Blakesley			—Pilgrimage Director
		T.Walker			- Co-ordinator ofthe Risk Register
		C. Devereux			- Pilgrimage Safeguarding		Officer
		A. Hoskins/M.	Smith		- Hospitalite Presidents
		Rev. Dcn. John	Morrill		- Diocesan Director East		Anglia
		Rev. E.Perera			- Archdiocesan Director Southwark
		R. Brumby			- Director Stonyhurst	Group
		C.Astley, C.Hobday, Rev.J.Cooke		L.Dodsworth -Co-Leaders - Master ofCeremonies		Glanfield			Group
		P.SC. Devereux			- Directors ofMusic
		T.Quinn			- Chief Nurse
		B.Roche			- Chief Brancardier
		L. Al-Araj			- Chief Handmaid
		Rev. N. King			- Chaplain to the Assisted Pilgrims					and	the Hospitalite
		S.Sparrow, A.Joyce			—Youth Group Leaders

		Unrestricted	Restricted	Total Funds	Total Funds
	Notes	Funds	Funds	2022	2021
Income from:		R	R	R	S
Donations and legacies		66	17,173	17,239	5,910
Charitable activities:
Levy on Lourdes pilgrims		865		865
Sales ofclothing
Investments		7,096	139	7,235	9,008
Total		8,027	17,312	25,339	14,918
Expenditure on:
Raising funds		1,149		1,149	1,240
Charitable activities:
Grants to pilgrims Cost ofrunning the pilgrimage Governance		8,500 9,036 7,937	10,303 4,958 175	18,803 13,994 8,112	18,223 2,495
Total		26,622	15,436	42,058	21,958
Net gains / (losses) on investments		(17,194)		(17,194)	19,911
Net income / (expenditure)		(35,789)	1,876	(33,913)	12,871
Transfers between funds
Net movement in funds		(35,789)	1,876	(33,913)	12,871
Reconciliation offunds
Total funds brought forward		193,923	63,685	257,608	244,737
Total funds carried forward		158,134	65„561	223,695	257,608

	Notes	2022	2021
			R
FIXEDASSETS
Tangible assets:
Vault at Lourdes Cemetery Investments		1,380 166,306	1,380 209,649
Total Fixed Assets		167,686	211,029
CURRENT ASSETS
Stock Debtors	1(e) 9	205 507	355 430
Cash at bank and in hand		57,179	47,676
Total current assets		57,891	48,461
LIABILITIES
Creditors: Amounts falling due
within one year	10	(1,882)	(1,882)
NET CURRENT ASSETS (LIABILITIES)		56,009	46,579
TOTAL ASSETSLESSCURRENT LIABILITIES		223,695	257,608
THE FUNDS OF THE CHARITY
Restricted income funds	12	65,561	63,685
Unrestricted funds		140,958	157,719
Revaluation reserve		17,176	36,204
TOTAL CHARITY FUNDS		223,695	257,608

		2022	2021
	Notes	R	S
Total income		25,339	14,918
Total expenditure		(42,058)	(21,958)
Net income less expenditure before net gains / losses on investments		(16,719)	(7,040)
Decrease (increase) in stock		150	150
Decrease (increase) in debtors		(77)	(46)
Increase (decrease) in creditors		0	240
Investment Portfolio:
Purchases		0	(18,679)
Disposals Decrease (increase) in cash held as part ofportfolio		25,257 892	31,607 (1,688)
Increase (decrease) in cash		9,503	4,544

INCOME FROM INVESTMENTS	INCOME FROM INVESTMENTS	INCOME FROM INVESTMENTS	Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
			R	R	R	S
Income Interest	from UK listed received	investments	7,075 21	139	7,075 160	9,005 3
			7,096	139	7,235	9,008
RAISING FUNDS			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
			R	R	R
On-line giving charges Investment. management		costs	1,149		1,149	1,240
			1,149		1,149	1,240

GRANTS TO PILGRIMS		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2022	2021
		R	R	F	S
Grants to assisted pilgrims Grants to helpers	and their parents	8,500	10,303	10,303 8,500
		8,500	10,303	18,803

COST OF RUNNING THE PILGRIMAGE	COST OF RUNNING THE PILGRIMAGE	Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2022	2021
		R	R	R	S
Subsidies to nurses
Support costs to dioceses Lourdes levy		90		90
Pilgrimage expenses:- Training costs and conferences Pilgrimage director expenses Insurance		740 620 88		740 620 88	461
Prayer books and music		825		825
Hire ofequipment
Virtual pilgrimage Marketing and communications					17,101
CA young persons group Badges Food and general supplies Drugs and medical expenses Van hire and coaches Cost ofclothing		100 471 67 5,985 50	1,698 1,350 1,910	100 2,169 1,417 7,895 50	100 77 50
Accommodation
General expenses
		9,036	4,958	13,994	18,223
GOVERNANCE		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2022	2021
		R	R	R
Administration support Secretarial expenses		5,428 508		5,428 508	295
Accountant*s remuneration:-
Independent examiner's Accountancy fee	fee	480 1,440		480 1,440	480 1,440
Hospitalite membership expenses Miscellaneous expenses		81	175	256	280
		7,937	175	8,112	2,495

INVESTMENTS			2022	2Q21
Quoted investments listed on the UK stock exchange			R	S
Market value at 1stJanuary 2022 Additions			207,915	200,932 18,679
Disposals Gains / (Losses) arising on disposals Gains/ (Losses) on revaluation			(25)257) 3,049 (20,243)	(31,607) 2,342 17,569
Market value at 31stDecember 2022			165,464	207,915
Historical cost 31st December 2022			148,289	171,711
Surplus on revaluation			17,176	36,204
			Market Value	Market Value
		Cost	2022	2Q21
			R	S
Fixed and variable interest Equities Investment Trusts		43,065 83,780 21,444	36,660 84,490 44,314	43,275 107,412 57,228
Total quoted investments		148,289	165,464	207,915
Cash held as part ofinvestment	portfolio	842	842	1,734
Total		149,131	166,306	209,649

11.ANALYSIS OF NET ASSETS	Restricted	Unrestricted	Total
BETWEEN FUNDS	Income Funds	Funds	Charity Funds
	R	R	R
Tangible fixed assets Investments Current assets	21,196 44,365	1,380 145,110 13,526	1,380 166,306 57,891
Current liabilities		(1,882)	(1,882)
Net assets at 31stDecember 2022	65,561	158,134	223,695

MOVEMENT IN RE	STRICTED I	NCO	ME FUNDS
			At 1stJanuary 2022	Incoming Resources	Outgoing Resources	Transfers in/(out)	At 31stDecember 2022
Glanfield Children's	Group Fund		29,659	15,562	(15,355)	29,866	29,659
Catholic Association Hospitalite Our Lady ofLourdes Fund Nell Atkin Fund		of	12,830 21,196	1,750	(81)	14,499 21,196	12,830 21,196
			63,685	17,312	(15,436}	65,561	63,685