The Friends of Arundel Cathedral Report and Accounts for year ended 30 June 2024 AKY775T 0311012024 COMPANIES HOUSE A10
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The Friends ofArundel Cathedral is re8lStered &8 a L%Jmpany limited by guardnlee and not having a share capithl (No 3792834) and is a Regisiered Chariiy (No 1078149).
NOTICE OF MEETING Notice is hereby given that the ANNUAL GENERAL MEETING of The Friends of Arundel Cathedral will be held at St Mary's Hall, Cathedral Centre, London Road, Arundel, West Sussex on Sunday 20th October 2024 at 4.30pm AGENDA l. Welcome 2. To consider and approve the Minutes of the AGM held on 22 October 2023 3. To receive the Report and Accounts for the year ended 30 June 2024 4. To consider the re-appointment of the Independent Examiner 5. To receive suggestions from members for events and activities of The Friends 6. To elect members of the Council 7. Any other business S Kilmartin Secretary 29 August 2024 In accordance with the Articles of Associalion, by rotation at the AGM, Margaret Bamford, Liz Mccombe and Martin Hall retire as Elected Members of Council. Liz Mccombe and Martin Hall offer themselves for re-election. Nominations in writing are invited for other members who wish to stand for election to the Council. they should be addressed to the Secretary of the Company at The Friends Office to arrive not less than 48 hours before the meeting. Nominees must be members of The Friends and have given their written consent. ANNUAL MASS IN HONOUR OF ST. PHILtP HOWARD, The Mass will be celebrated in the Cathedral at 3.00pm on this day for the intentions of the members of The Friends. All are most welcome and very much encouraged to attend.
THE FRIENDS OF ARUNDEL CATHEDRAL Report and Accounts for the year ended 30 June 2024 TABLE OF CONTENTS Legal and Administrative Details Page Report of Council Page Report of the Independent Examiner Page 14 Statement of Financial Activities Page 15 Balance Sheet Page 16 Notes forniing part of the Financial Statements Page 17 Membership Page 21 For the benefit of readers who are not Friends: The Friends of Arundel Cathedral is an incorporated charity which has two principal objects which are, in non-technical language, to support the maintenance and development of the Rotnan Catholic Cathedral of Our Lady & St Philip Howard at Arundel, West Sussex and, by various means including publications, events and services, foster the sense throughout the Diocese of Arundel and Brighton that the Cathedral, as the mother church, is at the very heart of the life of the Dioc¢s¢ and of the affections of all of us who live within its bounds.
THE FRIENDS OF ARUNDEL CATHEDRAL LEGAL AND ADMtNISTRATIVE DETAILS HONORARY PRESIDENTS: The Right Reverend Richard Moth, Bishop of Arundel and Brighton His Grace Edward Fitzalan Howard, Duke of Norfolk CHAIRMAN: Mr P Burgess COUNCIL MEMBERS (DIRECTORS): ELECTED COUNCIL MEMBERS: DrJ Walsh Mr N Corby Mrs M Bamford Miss E Mccombe Mr P Walker Mr M Hall Mrs M Burgess Dr Sandra Sedgwick-williams Ms Nichola Hudson (resigned 27 June 2024) BISHOP'S NOMINEES Rev Canon David Panniter (resigned l June 2024) The Right Reverend Richard Moth (appointed l June 2024) Mr P Burgess Mrs S Kilmartin Mr C Sommer ARUNDEL PARISH IYOMINEES: Mrs M Whitehouse Mr M Heathcote SECRETARY & TREASURER: Mrs S Kilmartin tNVESTMENT COMMITTEE: Mrs S Kilmartin Mr P Burgess Mr C Sornmer Mr N Curby Mr M Hall ADMINISTRATOR: Mrs L Stratford REGISTERED OFFICE THE FRIENDS OFFICE INDEPENDENT EXAMINER St Philip HowaTd Ccntrc 4 Southgate Drive Crawley West Sussex IIHIO 6RP Cathedral House Parsons Hill Arundel West Sussex BN18 9AY Tel: 01903 884567 email: aruncaihfriends@btconnect.com IJNVESTMENT ADVISORS Investec Wealth & Investment Limited 30 Gresham Street London EC2V 7QN Muore Kingslon Smith LLP 6 Floor 9 Appold Street London EC2A 2AP BAIYKERS HSBC Bank plc 69 Pall Mall London SWIY5EY
REPORT OF COUNCIL TO THE MElWtBERS OF THE FIUENDS OF ARUNDEL CATHEDRAL Dear Friends, your Council is pleased to be able to present the Report and Accounts of your Charity Ih for the year ended 30 June 2024. In this report 'The Friends, and 'we' refer to the whole organisation as well as to the Council of The Friends, acting on its behalf. OBJECTIVES AND ACTIVITIES The continuing financial objective of The Friends is to meet a major part of the Diocesan costs for the Cathedral which are growing, and which currently fall upon the Diocesan resources as a whole. The policies of The Friends. in relation to investment, grant making and maintaining reserves are framed to support the objectives and are set out below. It is to be noted ihat the final decisions as to building and maintenance priorities rest with the Diocese and not with the Council. Our charity has a second objective: the encouragement of wider appreciation and use of the Cathedral by parishioners from across the Diocese. The members of Council are always interested to hear views and suggestions of members and although, for all the reasons mentioned above, it may be constrained from immediately adopting them, the Council continue to endeavour faithfully and in a practical way to reflect the intentions of The Friends, members as a whole. The main public benefit provided by the charity is the provision of financial assistance for the.long- terni maintenance of the Cathedral, which is not only an historic listed building and a very important example of gothic revival architecture. but one of the landmarks in a town which is well known for its beauty, and which gains some of its prosperity from its attractiveness to visitors. The members of your Council confin that they have cornplied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in deierniining the activities undertaken by the Charity. ACHIEVEMENTS AND PERFORMANCE The year under review has been no less busy for the Diocese, the Cathedral and The Friends. Il was a particularly memorable period for The Friends because the build-up which occupied the first half of 2023 and was referred to in our last Annual Report burst into reality at the end of June and the beginning of July and The Friends were privileged and delighted to play a small part in the cascade of celebrations and events that then gilded our summer and filled the Cathedral with good things. Our members will have read of these in other places. Suffice it to say that your Council was glad to h¢lp in welcoming quite a numb¢r of the Bishops who came to Arundel to share in the liturgies, some from England and Wales, including the Apostolic Nuncio (who received the traditional ceremonial welcome from the Cathedral Chapter just before the Friday Vespers), the Cardinal Archbishop of Westrninster (for Mass on the Saturday), and Bishop Kenneth Nowakowski, the Apostolic Eparch for the Ukrainian Greek Catholic community in the United Kingdom. We were also delighted to be able to support and assist wilh the wonderfvl musical contribution made by the Cathedral Choir, which at Mass on Saturday sang a specially commissioned anthem "Jubilate Deo" written for the occasion by Kristina Arakelyan. She is a musician with, unsurprisingly, a growing reputation. She had also been asked to compose music for the King's Coronation. What was a delight for all of us but especially The Friends, was that besides being caught up in the wonderful solemnity and reverence of the two celebratory Liturgies, Solemn Vespers on the Friday and Anniversary Mass on the Saturday, we also experienced the solemn and graceful architecture of our Cathedral being fill¢d to th¢ brim with the palpable devotion of the congregations, the words
REPORT OF COUNCIL TO THE MEMBERS OF THE FRIENDS OF ARUNDEL CATHEDRAL (Continued) of Bishop Richard. the glorious sounds of the Organ and the Choir and a blaze of trumpets ringing in the high gothic vaults. It was good to remember, in the Duke of Norfolk's affectionate but amusing introductory remarks to both services, Henry XV Duke, for it is on and around his remarkable vision at a very young age the building of this great church - that our work today is centred. In place of The Friends, usual Summer Celebration. after Vespers we were able to enjoy a marquee kindly provided in the Castle grounds for the occasion, and a field full of clergy, Friends, (including our Honorary President Duke Edward, and his family), and rnany civic dignitaries.. our High Sheriffs of East and Wesi Sussex, the Under-sheriff, the Mayor of Arundel, Papal Knights, Knights of the Sovereign Military Order of Malta and Knights and Dames of the Equestrian Order of the Holy Sepulchre, together with a number of Deputy Lieutenants who were present in the congregation. After the 'hundred and fiftieth, rejoicings, a sense of history stayed with us through the year and at Th¢ Friends, AGM we mounted an exhibition of historical vestments about which Oliver Hawkins gave a fascinating talk. The exhibits included a cope which belonged to Archbishop Morton, Archbishop of Canterbury in the reign of Henry Vll. He was also Henry's Lord Chancellor for a time and has the dubious reputation of being credited with introducing a money raising exercise which became known as Morton's Fork- Ihe original unavoidable anti-avoidance techniquel Advent Vespers in 2023 and the Solemn Ponlifical Vespers and Summer Celebration in June 2024 both carried forward the sense of continuity embedded in the hundred and fiftieth celebrations. All Ihe young people in the Diocese who have come forward in 2024 for confinnation - a thousand of them, praise the Lord - have been confirnied in the Cathedral, and at the Solemn Vespers this year, Bishop Richard gave what we all thought was a wonderful homily about the realities of living as Catholic Christians in the face of a confused and confusing world. You will recall that two years ago The Friends arranged for the original monograph which was produced at the time of the Cathedral's centenary celebrations, to be reprinted. Originally with some remarkable architects, drawings and now, in addition, with some small updates. There are still some available copies at £10 each plus £4.95 postage and packing obtainable by emailing arun¢athfri¢nds btconnect.¢om. Over the past five years we have been fortunate to have as our Cathedral tkan, Canon David Pamiiter. After a very busy and fonnative period in the life of the Cathedral and its parish and an exhausting time pulling together and holding in place all the aangeMentS for the hundred and fiftieth anniversary, he has left us to go and minister to his home territory in Brighton and Hove. Fr Stephen Dingley has become the pastor of the newly combined parishes of Arundel and sto1ngtOn and we welcome him wamily. Since we serve a Lord who says, 'Behold, I make all things new,, The Friends will greet these new changes happily, of course, taking pleasure in the influx of new talent among the Cathedral parishioners which will result and with the hop¢ that the work of the last forty years since our foundation will be built upon and enlarged. In this respect, we are also mindful of the immediate task ahead of us, which is to build back the numbers of the membership across the Diocese so that we can properly serve Bishop Richard's ministy and all that the Cathedral can offer as a part of his mission. We reported last year that we had been preparing for a membership drive, but the Anniversary Celebrations diverted our talent for a time.
REPORT OF COUNCIL TO THE MEMBERS OF THE FRIENDS OF ARUNDEL CATHEDRAL (Continued) Margaret Bamford writes: It hardly seems possible that this year has been just as busy for the sub-committee if not busier than last, or maybe, it just feels like that! We've certainly faced challenges with a temporarily reduced numbers of active members, but even in our depleted state we've achieved significant progress With many of our plans. Before being able to proceed with our long-awaited membership drive it was essential that we had a reliable database and we are particularly indebted to Nigel Corby who has done sterling work making sure that ours was accurate, updating where necessary. He has given us a truly solid start to getting to grips with the task. Nigel Writes: The Council is commiiied io increasing and diversifying ils membership as widely as possible, across all ages, beliefs andeihnic origirts. andespecially among commilled Christians everywhere, who believe in ihe work of The Friends in upholding the beaulies, archiieciural inlegrity and auihenlicity of our wonderful building and its place in Ihe worship ofihe Lord. This year, an exiensive data sel of conlacts wilh all parishes has been developed, based on our Diocesan direclory, ilsel]' enlirely in occordance with the General Daia Proleciion Regulations. This will be used over ihe coming monihs 10 largei all parishes wiihin ihe Diocese. li will greaily improve communicalions, thus providing parishioners wilh ihe opportunity io gain underslanding of ihe Diocesan moiher church and, wherever possible, ¢0 join in our work infyiure years. eiiher f simple member supporlers or as direci contributors to our work andprojeclsfrom lime to time. We are also reviewing our membership calegories. We propose lo consuli on ihe phasing oul of Corporale membership later ihis year and to consider new calegories of membership - Jor ihe young (sludenl and new adulis) andfor families. Delails will be published once ihis review is complete. In this way we hope lo see upward of 1000 ordinary members wiihin ihe next two or Ihree years and ihe involvemenl more widely ofcalegories ofpeople who mighi oiherwise notfoc'us Iheir worship beyond iheir parish b0uPary. A pocket programmefornial is in preparation, which will include ihe cosls ofioining in ihe various categories. The work io develop ihe awareness of The Friemls and all we do, Ihrough memberships, is of vital importance to thefuture wellbeing ofihe Cathedral andihe imporlanl work it does every day, monih andyear lo spread ihe Gospel of Chrisl. A 'Discovery Day, organised by our ever-enthusiastic Director of Music, Elizabeth Stratford was intended to introduce young people and their families to the music olthe Cathedral. ForThe Friends, who were approached for help, it was an excellent opportunity to engage the interest of the youngsters and their families to the existence of The Friends and the important role they play in supporting the costs of maintaining the spiritual home of the Diocese. We were only too willing to offer to help! It also fitted very well with our outreach and education initiative. The programme for the day was ambitious with a series of interactive events all related to the Cathedral its history and its music. Organists who play regularly at our Masses offered their time to share the mysteries of our very special organ and encouraged the young people to try it out! At the end of the day everyone was invited to exercise their vocal cords - in harniony. The children wer¢ not the only ones who loved it! We are hugely grateful to Elizabeth for organising such a very successful and enjoyable day and are hopeful that a similar event can be included in next year's calendar. Keeping abreast of what other specialist Friends of Cathedrals groups are doing can be helpful, slimulating discussion about common challenges and options for making the best of what we have.
REPORT OF COUNCIL TO THE MEMBERS OF THE FRIENDS OF ARUNDEL CATHEDRAL (continued) The Anglican Friends of Cathedrals, Abbeys and Greater Churches hold a biennial weekend conference to which we are invited. For the last 6 years two of our trustees, at their own expense, have attended. They have always returned delighted with the richness of the experience and fvll of good ideas for our Board. This year w¢ were indebted to Nichola Hudson and Liz Mccombe for making the journey to Hereford. Liz Mccombe writes: Hereford Cathedral is a beautifvl hisloric building housing the Mappa Mundi, the largesi surviving medieval world map, and ihe longesi library ofchained books in ihe world. The Friends ofthe caihedral gave us, the only representativesfrom an RC Caihedral, a wonderfully warm welL'ome and we spenl Iwo days wilh many other inleresling, kind and caringpeople. There were some exlremely inleresling and infonnative lalks given by experls.. e.g. Ivo Darnley, Managing Direclor of Rarhbones, on investment, followed by a humorous lalk on ihe Anglican church by Quenlin Lelts. An afiernoon discs1on on membership was ihe highlighifor both of us. We came back wilh many ideas, some of which have already, or are in ihe process of being implemented such as periodic talks, a new lookfor Friends lileraiure and a reconslrucled websile. Lislening and discussing the views wiih orher Caihedral Friends was both inleresting and informalive. Ji was a realprivilege to atiend. As our Chairnian has described in more detail, instead of our traditional summer event and vespers in 2023 the Diocese celebrated the consecration of the Cathedral as a parish church, with glorious services and liturgies. The Friends w¢r¢ delighted to contribute to meeting, greeting and shepherding invited visitors, and, where necessary. marshalling. Even answering the doorbell at Cathedral House was important! We were proud to be involved and proud that our Diocese had done such a magnificent job of welcoming bishops, priests and clergy from across the country. In line with the 150th celebrations our AGM was also particularly special this year. In the Cashman room in the Cathedral Centre, we mounted an exhibition of precious vestments and chasubles from the archives. We were privileged to have been granted access to them as this is the first time, as far as we are aware, that they have been on show to the public. They are utterly exquisite. We were so grateful to Oliver Hawkins for his research and talk about their provenance and importance to church l ife so many years ago. We were pleased too that the event attracted increased numbers to the AGM and are keen to build on the model in future years. The annual Carpet of Flowers festival at Corpus Christi also draws hundreds of visitors to the Cathedral to see the exquisite portrayal of elements of our faith portrayed through floral symbolism. The Friends are conscious of the potential that so many visitors present for attracting interest in membership and for promoting awareness of our mission. We are presenl throughout the whole time the Cathedral is open to the public and are happy to welcome new members. We continue to explore opportunities for raising funds and extending interest in The Friends by seeking input from external speakers. We were delighted to welcome Baroness Caroline Cox to give an illustrated talk at lunchtime. What a remarkable lady she is and how wannly appreciated she was by all those who provided a full house attendance. As the founder President of the Humanitarian Aid Relief Trust, her talk entitled 'The Pain and the Passion: The privilege of making a difference,, very succinctly describes both the lady and her remarkable achievements. A fornier nurse she saw a need to help impoverished people in war torn countries in mainly third world
REPORT OF COUNCIL TO THE MEMBERS OF THE FRIENDS OF ARUNDEL CATHEDRAL (continued) countries throughout the world. As we all know charitable endeavour in areas of civil unrest requires faith, single minded courage and incredible resilience. This modest lady described all these with sobering clarity. Building on the success of this event The Friends have now agreed a prograrnme of lunchtime talks with the added attraction of home-made soup and sandwiches. The mushroom soup from Maggie Burgess is legendary. For our next event we are delighted and honoured to welcome Bishop Kenneth Nowakowski who has agreed to give a talk in the Cathedral. He will be accompanied by a Ukrainian string quartet. Full details will be published in good time for the purchase of tickets for the lunch. Thereafter we are hoping Senior Judge Christine Laing will agree to Cotne next year, followed by a talk about Parham House. Regettably, this year the specialist trustees leading on the Education and Outreach project, and our pilgrimage were not available, and we had to cancel both. W¢ hope to restore both activities next year and, in the meantime will be exploring possibilities of recruiting new trust¢¢s with specialist interests in these areas. We were also sad to receive the resignation of Nichola Hudson this year and are grateful to her for her energetic support of our events, particularly with those involving children, during the time she was with us. She will be missed. And finally, our regulations require that I sland down at this year's AGM as my temi of office as a trustee comes to an end. This is good practice. I support our Chairnian's view that we urgently need to recruit younger, fresher trustees with the enthusiasm and energy to drive forward our agenda. We are blessed with a truly committed and hard-working committee who have given their dedicated support during my temi of office, l am so very grateful. During the period of transition there will be much to be done and I know we will all pull together to ensure a smooth transfer. I will do what I can to be helpful during the process. And of course, the redoubtable Lindsey StratfoTd, our wonderful Administrator, will, as she's always done provide invaluable sthbility and continuity. Thank you, Lindsey, for all you have done and conlinue to do for The Friends. FINANCIAL REVIEW EMBERSHIP The Friends are delighted to welcome the following new members who have joined during the past year: _ Ms L Marina Anderfelt Mrs Ma Brook Mrs Wend Dicker Ms Gabriel Herbert Dr James Isbister Mr & Mrs Chris Laver Mr Robert Rudwick Mrs Diana Stanle Mr & Mrs Donato Tallo Since our last Annual Report, we have learned with sadness of the deaths of the following Friends. May they rest in peace and rise in glory".-
Mr J J Allanson Mr Peter Bulfield Dr Tom Fole Miss Helen Litten Deacon Robert Mason Mrs Bernadine O'shea Died in 2020 notified 3010412024 Died 1411012023 Died 7 June 2023 Died 2/312024 Died 81512024 notified 12105Q024 Notified 3010912023 Membershi Cate Indi vidual Joint Patron Life com rises 348 individuals and 0110712023 l26 Il8 28 72 arishes, com anies or other institutions as follows: 3011b612024 126 120 28 70 rate By way of comparison, in 1998 the total membership was 563. tNVESTMENTS Since the establishment of The Friends, we have benefited from a total investment income of over £1,067,000 and the value of our investments stands at a current value of £1.710,000. This resource ha5 enabled us, as explained above, to make worthwhile contributions to safeguard the Cathedral's wellbeing for the future. The fund managers have been set perforniance benchmarks and their perfomiance was satisfactory. A brief Teconciliation of the figures involved, when grants are included in the calculations since forniation of the original trust in 1986, is as follows: Income including original donations & legacies Gain on investments Less: Expenditure before grants Less: Grants to Diocese £2,518,000 £1,582,000 £540,000 £1,904,000 Net Assets at 30 June 2024 £1,656,000 FINANCIAL PERFORMANCE At the beginning of the year.on l July 2023, our funds amounted to £1,559,000. During the year to 30 June 2024, our subscribers and other well-wishers contributed some £13,000 including £2,000 from tax repaid under Gift Aid (last year £1 1,000). Including investment incorne, the total receipts for the year amounted to £56.000 (last year £55.000). There was a legacy during the year amounting to £200 (last year there we no legacies). Our support costs, including employment cost5 relating to our Administrator, office costs, printing publicity and accountancy, amounted to £18,000 (last year £23,000). The investment management fee was £14,000 (last year £13.000). This year. our investment income amounted to £39,000 (last year £40,000). The market value of our investments increased by £141,000 (last year increased by £54,000). The total investment return 10
after management fees obtained this year was therefore a gain of £166,000 (lasl year a gain of £81,000). In the final result. at the year end, we were left with total assets before grants to the Diocese of £1,714,000. From this we are paying grants to the Diocese of £55.000 and the parish Choral Fund £3,000. leaving The Friends with assets at 30 June 2024 of £1,656,000. tNVESTMENT POLICY The primary investment aim is to maximise total return from the charitable funds while being mindful of the relevant ethical issues. Income and capitsl growth are regarded for this purpose as of equal value. In implementing this policy, proper consideration is given to the avoidance of undue risk and to the objective of achieving a balance which is aimed at maintaining the annual grant to the Diocese at least at its cuffent level. GRANT MAKING POLICY WThile no specific commitment has been made, the general intention is that each year the amount of the annual grant to the Diocese should be at least equal to the sum paid in the previous year, preferably increased in line with inflation. Occasionally, a larger grant may be considered for particular circumstances or projects. PROJECTS IN RECE] YEARS Projects in which The Friends have participated in recent years include: the repair and rerbIshM¢nt of St Mary's Hall to become the Cathedral Centre, with new catering facilities, fijrther meeting rooms, and two rooms for the storage of choir robes and music and for practice. the replacement of the Fleche over the crossing, the construction malerials of which were suffering from fatigue, (and which was found. in the course of its dismantling to be in a dangerous state of instability); the repair, cleaning and restoration of the Rose Window at the West Front: the clearance and replanting of the Cathedral garden. several Autumns clearing and cleaning St Mary's Cemetery. the replacement of a number of the side altar hangings. the facilitation of the St Philip Howard pilgrimage. participation by Members of the Council (ai their own expense) in the National Conference of Cathedral Friends. contributing to the restoration and re-plating of silverware used in the Cathedral; the creation and printing of a Cathedral Visitors Guide (reprinted in 2023). the establishment of a Choral Fund in The Friends, Accounts. and the financing of a number of choral scholarships. the purchase of a motorised lawn mower. the purchase of new altar frontals & tabernacle veils, new chalices and a candlestick; building/restoration amendments to the sa¢risty' financial support for Covid protection including new perspex screens for the Cathedral shop, and a fogging machine & chemicals" commissioning a holograph reproduction of the Cathedral Centenary booklet produced to the highest quality, for sale to members, and in Arundel Museum and the Cathedral Shop.
the organisation of Choral Vespers at Advent and in the Summer (with a Reception in the Castle gardens) for members and civic dignitaTies' new Cathedral high definition touch screen and floor stand for the display unit for public replacemeni of Cathedral window cords. new Cathedral Mass books; Cathedral display banners for the 150th Anniversary Exhibition in Arundel Museum. RESERVES POLICY The long-terni aim is to build up signifiaant reserves to make it possible for the grants paid by The Friends to cover the major part of the costs falling on the Diocese in connection with the Cathedral. The intention is to ensure reserves of at least around £1.25 million are retained in order to allow for the on-going support of the Cathedral for the foreseeable future, including in years when a much more significant maintenance grant may be required. FUNDRAISING APPROACH The Company does not engage in fundraising telephone or email wnpaigns and does not fundraise directly from the public. Funds are raised prirnarily through subscriptions and events. No complaints about fundraising w¢re received during the year or in the prior year. RISK ASSESSMENT AND RISK MANAGMENT The Council has assessed the major risks to which the Company is exposed and is satisfied that appropriate systems are in place to identify and mitigate those risks. STRUCTURE GOVERNANCE AND MAINAGENT CONSTtTUTION The Friends of Arundel Cathedral is a company limited by guarantee, not having a share Capital, and registered as a charity, having as its formal objects those set out in the Memorandum & Articles of Association, the maintenance, support, service, carrying on and development of the Roman Catholic Cathedral of Our Lady & St Philip Howard al Arundel, West Sussex. The company was incorporated on 21 June l999 in England & Wales under No 3792834 and was registered as a charity on 19 November 1999 under No 1078149. THE COUNCIL The Council, (i.e.in ordinary Company Law parlance, the Board of Directors, who are the trustees of the charity), consists of up to twelve members elected by the overall Membership, with up to a further four members appointed by the Bishop and up to a further two appointed by Arundel Cathedral Parish through its Parish Finance Committee. It is the Council's duty to ensure that in what The Friends does its charitable objects are properly met and discharged in accordance with the requirements of the law. The current composition is shown on page 4 under the "Legal & Administrative Details." In the case of each member of Council, their appointment is made for a maxirnum of three years, though re-election or reappointment is pennitted. The Council Meets in Plenary Session lornially every six rnonths. 12
The Friends has been blessed with individuals who have given dedicated and skilled service from Rts very beginning. Investment decisions are delegated by the Council to an Investment Sub-commirtee comprising five of its members. In 2007, the Council appointed Investec (fornierly known as Rensburg Sheppards) &$ our investment managers to manage the portfolio on a discretionary basis for a fee. The Investment Sub-committee receives regular reports from the managers and holds meetings with them and reviews their appointment at regular intervals. A Membership & Events Sub-committee also meets at regular intervals between the Plenary sessions of the Council and deals with a considerable volume of business ranging from the organisation of specific events to the Te-establishment of the network of parish representatives, the Sub-committee also oversees matters of branding, publicity and the visual identity of The Friends. STATEMENT OF THE TRUSTEES, RESPONSIBILITIES The members of the Council of The Friends of Arundel Cathedral are responsible for preparing the Trustees, Report and the financial statements in ac¢ordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the members of Council are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SOtIp. make judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The Council is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. It is also responsible for safeguarding the asset5 of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approval of Council In preparing this report. the Council has taken advantage of the small companies exemption provided by section 415A of the Companies Act 2006. This report was approved by the Council on 29 August 2024 and is signed on its behalf by Patrick Bur s Chainnan. Patri rnian 13
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEESOF THE FRIENDSOF ARUNDEL CATHEDRAL I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024. Responsibilities and basis of report As the charty's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audrted under Part 16 of the 2006 Act and are eligible for independent examinalion, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Chanty Commission under sectson 145{5) (b) oflhe 2011 Act. Independent Examinerfs Statement l. have completed my examination. I confirm that no matters have corne to my attention in connection with the examination giving me Cause lo believe.. 1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or 2) the accounts do not accord with those records., or 3) Ihe accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination., or 4) the accounts have not been prepared in accordance wsth the methods and principles of the Stalement of Recommended Practice for accounling and reporting by charrties I have no concerns and have come across no other matters in connection with the examination to.which attention should be drawn in this report in order lo enable a proper understanding of Ihe a¢¢ounts to be reached. OC)rL LLP Adam Fullerton (FCA) For and on behalf of Moore Kingston Smith LLP Chartered Accountants 14
STATmOFFINCIALACrivrrn {irtcorp>r¥tiDB FI(Ure xtwnll If)R JIA¥E2024 2024 21123 Noie5 lJKomt nd Unre51nc¢ed FndowTrEni Toiil Unr¢siri¢i¢d Fndowwtnt Total LlJnai¢or15 and tX8acies S¥bs¢ripiK>n$ Lt Mertht5' Subscriptn5 Patron5' Subs¢ripions Cory)oroit Mene[S. b$¢nplI0ns Friends, SubscnpiK)ns Tax Rccovcrnblc on Cmft A1 Subscripiions L¢8aCi¢J Ck)#alions and ¢Jrnnis 3X) 3.&)7 3.Lk)7 150 5,463 ,687 150 5,463 1,687 5,502 1.225 1223 530 530 Toial L>Jnaiion5 L¢8aciE5 12,794 12.794 lfive51rtrnis 38,196 39,543 40.203 htrirndin8 a¢iiviliei 4.285 4285 3,364 3,364 To¢#1 55.275 55.115 54,759 FApndiwre OD.. tying Funds (Aher Irdding AciiviiEs Fund Managf [1 F¢¢s Toi81 aniabk. aciiviiies.. {an1 10 Pdrish - Choral Fund Ctanls lo DioGc5c foi Caihcdrnl M8ini¢pyn¢¢ 1882 13,764 16,646 3.354 13.491 16,845 3,3Y 13,491 10.845 13.764 16.616 57.( 4.1 11,933 cr15 for Sftxll ProJe¢ts SialTand Office Cosis 4.4¥1 11.933 5.380 12 IJ2 132 10,824 10.824 Priniing and PubliGily Fee paid 10 independeni ¢BrkDner 972 I,oso 80.LN57 1.050 80,727 r2,765 83,flJ5 T•tsl LIndItre IW.4121 (W) I1,252) (96.9121 (IAO) (97,5ni Ntt 88SD/(loss) OD ID$15ntnts 137.423 3.127 140.5XI 52,650 1.241 53,891 Nt¢ incon Trdn5fers Nti In fvndl RrtoneiliAlitsn offundj Toilll funds broughi ftsmnl 93.286 3.127 .413 9,837 1.241 11,078 93386 3.127 .413 9.837 1.241 11,078 lJ18,084 41,CQO 1,559,1 1,508.247 39.n9 1348.026 Totsl Unrcs¢ricted#Dd ¢#rritd fthr¥wrd 1,611370 44,147 Jffi55517 IA18.084 41fv20 IS59,104 e nlrtes fimn0fthe acciwnts 15
THE FRIENDS OF ARiAWDEL cATHRAL BAIANCESH Registered cOmnY No. 03792834 AT30 JLkYE2024 2024 2023 Notes Fkxedassets InvestnntS 1,710,063 1.610.081 1.710.063 1,610,081 Current Assets tkbiors Cash al Bank and in Hand Totsl current ssets 5.469 7,023 liallities CredilOlS.' Amunis falling duc wiihwi one year AccruaL8 and Deferred Income Cranis Payable Totsl Current liabilities (2.015) 58,000 ,015 (1(1) 56.OIXI 58,O¢XI Ntt Current liibllltles (54,546) (50,977) Totsl Net Assets 1,655,517 1.559.104 The funth o(¢he charity: Unrestri¢t¢d Funds Fndowment Funds 1,611.370 44.147 1.655,517 1.518.084 41,020 1.559.104 The Trustees consider thai the coThpany is entiiled lo exeffPiion from the requirenKnt io have an audit undcr the provisions of Section 477 of the cOanieS Aci 2(Kkfj ("Ihe Act") and nKmbers have nol requId the company lo obtain an audit for the Ye in quesiKJn in accordance wilh SCCIN)n 476 of the A¢1, The Trustees acknowledge iheir responsibiiili¢s for ensuring that the company keeps coun11n8 records which comply wilh section 386 of Ihe Act and for preparing fanCiaL statements which give a true and fatr view ol the stale of affairs of the company as at 30 Jun¢ 2024 and of its net incoTne for ihe year ihen ended in accordance with the r¢quirem¢nis of 5¢clions 394 and 395 of the Act and which otherwi%e cotnply with the requirenrnts of the Conwanies Aci 21)06 relating to the fancIal 5talernents so frdr as applicable 10 ihe company. The financial staiements have been prepared in accordance with the provis ions app]icable ies subje¢¢ 10 the small companies regime. Approved by Ihe Council on 29 Au8USI and signed their b¢half by PBUR Chairnmn S KTLMARTIN reasurer 16
THE FRIENDS OF ARUNDEL CATHEDRAL NOTES TO THE FINANCIAL STATENTs FOR THE YEAR ENDED 30 JUNE 2024 PIUNCIPAL ACCOUNTING POLICIES (i) Basis of Accounting The financial statements have been prepared in accordance with the Statement of Recommended Practice for Charities (SORP 2015) (Second Edition. effective l January 2019), the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Friends of Arundel Cathedral meets the definition of a public benefit entity under FRS IO2. The Charity is a charitable company limited by guarantee, registered in England and Wales. The address of the registered office is St Philip Howard Centre, 4 Southgate Drive. Crawley, West Sussex, RHIO 6RP. The financial statements are presented in sterling which is the financial currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £ except where othenvise stated. Assets and liabi l ities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. (li) Preparation of the accounts on a going concern basis Having considered future budgets and cash flows. the trustees confirni that they have no material uncertainties about the entity's ability to continue as a going concern for the foreseeable future. (iii) Income recognition All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. Legacies and donations are r¢cognised when the charity becomes legal ly entitled to them and they can reasonably be measured in financial temis. Investment income is credited to income when it is receivable, and the amount Can be measured reliably by the charity- this is nomially upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. (iv) Expenditure Liabilities are recognised as expenditure as soon as there is legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of obligation can be measured reliably. Expenditure is recognised on an accruals basis as a liability is IncUed, inclusive of VAT, which cannot be recovered. (v) Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. 17
THE FRIENDS OF ARUNDEL CATHEDRAL NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30 JUNE 2024 (vi) Cash at bank and in hand Cash at bank and in hand includes bank accounts and cash. (vii) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount. (ix) Investment gains and losses All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (purchase date if later). (x) Investments Investments are a fomi of basic financial instrument. They are initially recognised at their transaction value and subsequently valued al their fair value at the balance sheet date using the closing quoted market price. The Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout the year. (xi) Estimation uncertainty In the view of the trustees in applying the accounting policies adopted, no judgements were:required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made cary a significant risk of material adjustment in the next financial year. (xii) Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 18
THE FRIENDS OF ARUNDEL CATHEDRAL NOTES TO THE FINANCIAL sTATENTs (continued) FOR THE YEAR ENDED 30 JIINE 2024 IHE OF ARiTh[L CATHTr])RAL NOT5 TO ACCOUNTS - 30 JU¥E2024 2024 2023 Athtnt Senry¢e . Receipts . Fwenses 710 (1,348) 450 {1.351) FuThdr4iJiTr¥ sur/(1>$S} 638 Sumnr E>nts Re¢eip(s - Eyenses 3.573 (1.534) 2,914 (IC03) Fundraising Surplus 1041 Ttstsl Fundraising sur$ 10 The Coffpany ¢nwby¢d no slatf durin8 the year. Staff costs are recharged from Dio¢ese ofArundel & Bri8hion iNst. 3 D&BTORS C4ft Aid In¢on% Tax Re¢overable 4 ACCRUALS AND COmE A(N Report Pnntin8 Other Credito Advance Re¢¢ipts for Suwrrrtr Con¢ert 15 2.015 19
THE FRIENDS OF ARUNDEL CATHEDRAL NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 30 JUNE 2024 THE FRIThDs OFARUNDtL CATHIDRAL NOTh5 TO Accouwfs- 30 JUNE2024 2024 2023 5 INVFSTMElYfS Listed Investments Cash Deposits 1,677,978 32,085 1,591474 17,607 Toial inve5tmcnt5 1.710,1kn3 1.610.081 Movement in Invesiments Market Value at Isi July 2023 Acqui8ilions at Ci)si Proceeds of Sales CAins during the year I,5,474 .171,414 (1,226,459) 140,550 1,570,485 946,978 (978,880) 53,891 Market Value ai 30ih Junc 2024 1.677.978 1.592,474 Hisioric thst 1.553,322 1,481,818 6 ffiiM)S ASSE[s AALLs Nei CurTent Li&bdilS Inv¢stnYnts Toi41 2023 UnTesirKi¢d Endowntni (Thoir Fund} 1,665.916 44.147 {54.546) 1,611,370 44.147 l J18,084 41.020 1,710.&$3 1,655,$17 I J59,104 7 TriiNDS ANALISLS tnyestnrnl Ba$ Transfe Cl9sin8 balance Opening baknnce tn¢on% Eyendnure Unre51rKied Endownrni (Choir Fund) 1,518.084 41.020 55.275 199.412) (840> 137,423 3.127 1,611.370 44,147 1559.104 56.115 {1.252} 140,550 1,655.517 8 R&MihWrnIY AIIT) XPYSEs Non¢ ofihe Dir¢ctors or Council rrtrnbers received atty rerwneraiitin olenlun%ls li respccl of thetr services durirt8 Iht y¢ar (24 nd). No ¢y4J¢n$es wert reimbuTr¢d12023 Ib). There have been no retsi¢d party trdnsjctions in the r¢portUi8 yearor in the Prior yearihai r¢qui di%c105UTE. 10 iIULSTATLB OFIHECHARrrY The charity is a ¢on¥any lirThied by 8uarnniee and has no sharE caprtal. In iht eveni of ihe ehanty being would up. the14qbiltiy ui respLxi ofihe Buardnite limiied to £ I per n*mberofihe charity. 20
LIFE IWIEMBERS 2024 Abbot & Communit Worth Abbe Arundel Cathedral Parish Au ustinian Sisters Bur ess Hill MrsCMA lott Mrs Mar aret Bamford J H Barder m.rs M Barnett Mr Mike Bloxham Mrs Jenn Bloxham Mrs Anne Brearle Mr P W Butcher Dr T L Chambers OBE FRCP VR KHS Christ The Redeemer Parish Cranlei Dr lan Coxon Mrs Veronica Crickma Mr Michael Crickma Mrs Martha Cunnin Mr & Mrs D Davidson Mrs E L Davis Ms Alice de Pie Lad De Zulueta Duke of Norfolk Geor ina Duchess of Norfolk Dr Eoin Donohue Mr Oliver Hawkins Mrs Barbara Hawkslc Mr&MrsJHe Mr & Mrs D Jameson Lad Jane Lothian Mrs Sheila L ons Miss Eileen Mccarth Mrs Moira McDonnell Revd Richard McGrath Notre Dame School Lin Dr Jose hO'D er Mr M R Perera Persimmon Homes Mrs Mar aret Phili Mrs Ma Pitron Mr Terence Pitron Mrs D Rees Mrs E A Rothne Mr Michael R croft Mrs Shela hRcroft Sacred Heart Parish Hove St Joan of Arc Parish Farnham St Jose h's Nursin Home, Littleharn ton Sisters of the Immaculate Heart of Mary Hove Mrs Karen Sommer Mr Charles Somrner Miss Marion Stratton Mr Robin Tinsley Smith field orkshire Ltd ont de Burnot Mr J R Edwards Mrs S J Edwards Franciscan Friar Chilworth Franciscan Missionary Sisters. Littleham ton Mrs Jean French MrsTGa nor Mr A N Goodfellow Grace & Compassion Benedictines, Preston Park Avenue, Bri hton MrPJHa er Mr Maurice Hartle Miss Carina Wakeford Dr James Walsh Mrs C E Watts MT Anthony Wickins Revd Canon Colinwolczak 21
CORPORATE MEMBERS 2024 hts of St Columba Council 324 hts of St Columba Council 546 St Phili Howard Catholic Hi StHu h's Charterhouse h School PATRONS 2024 Mr Jonathan Adams Mr Thomas Allen Mrs Anncrte Barker Catenian Association Arundel Mr Malcolm Cusack Dau hters of The Cross Haslemere Mr & Mrs John Donovan Mrs Christine Evans Mr Michael Evans Mr Michael Fornara Mrs Charlotte Gre Mr Anthon Hod son Monsi or Canon John Hull MT William James Mrs Sarah Kilmartin Mrs Eileen Martin MTS Caroline Ma hew MT Christo her Mead-Bri MrAn us Nunnele Order of Friars Minor R e East Sussex Mrs Joanna Robertson DT Sandra Sed wick- Williams Mrs Sheila Thom son The Towers Convent School Mr Neil Twist Mr Paul Walker Ms Louise U Watt Mrs tkirdre Wickins Circle 320 22