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||Page|
|---|---|
|Legal and administrative
information||
|Trustees* Annual
Report|2-4|
|Statement ofTrustees'
responsibilities||
|Independent
Examiner*s report||
|Statement ofFinancial Activities||
|Statement ofFinancial Activities for 2021||
|Balance Sheet||
|Statement ofCashflows|10|
|Notes to the Financial
Statements|11-20|
##
|Trustees:||The Right Reverend Roger Jupp|The Right Reverend Roger Jupp|(elected 09.10.17) Superior General|
|---|---|---|---|---|
|||Father Edward Martin|(elected|08.10.18) Secretary General|
|||Father Darren Smith|(elected 08.10.18) Treasurer General||
|||Father Paul Hutchins|(elected 09.10.17)||
|||Father Peter Edwards|(elected 08.10.18)||
|||Brother Colin James Dickson (elected 09.10.19)|||
|Registered|Office:|16Commercial
Street|||
|||Birmingham|||
|||Bl 1RS|||
|Bankers:||Barclays Bank Pic|||
|||2 Victoria Street|||
|||London|||
|||SW1H OND|||
|Independent|Examiner:|Nicholas Simkins FCA|||
|||The Dower House|||
|||Bonehill|||
|||Staffordshire|||
|||B783HX|||
|Investment|Managers:|CCLA|||
|||Senator House|||
|||85 Queen Victoria Street|||
|||London|||
|||EC4V4ET|||
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||||Restricted|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||Note|Funds|Funds|2022|2021|
||||5|||5|
|INCOMF. AND ENDOWMENTS FROM:|||||||
|Donations
and legacies||||5,473|5,473|1,267|
|Income from investments||||92,702|92,702|89,978|
|Total incoming
resources||||98,175|98,175|91,245|
|EXPENDITURE ON:|||||||
|Charitable
activities||||50,899|50,899|57,086|
|Total resources expended||||50,899|50,899|57,086|
|Net income/(expenditure)|before gains and|||47,276|47,276|34,159|
|losses on investments|||||||
|Net gains/(losses)
&om investments||||385,939|385,939|154,024|
|NET INCOME||||433,215|433,215|188,183|
|Reconciliation offunds|||||||
|Total funds brought
forward||||3,622,858|3,622,858|3,434,675|
|Total funds carried forward||||4,056,073|4,056,073|3,622,858|
##
||||Restricted|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
|||Note|Funds|Funds|2021|2020|
||||g|||8|
|INCOME AND ENDOWMENTS FROM:|||||||
|Donations
and legacies||||1,267|1,267|11,408|
|Income fmm investments||||89,978|89,978|87,379|
|Total incoming
resources||||91&245|91,245|98,787|
|EXPENDITURE ON:|||||||
|Charitable
activities||||57,086|57,086|80,458|
|Total resources expended||||57,086|57,086|80,458|
|Net income/(expenditure)|before gains and|||34,159|34,159|18,329|
|losses on investments|||||||
|Net gains/(losses)
from investments||||154,024|154,024|468,592|
|NET INCOME||||188,183|188,183|486,921|
|Reconciliation offunds|||||||
|Total funds brought
forward||||3,434,675|3,434,675|2,947,754|
|Total funds carried forward||||3,622,858|3,622,858|3,434,675|
##
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||||||||Note|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||g||
|Cash flows from|operating|activities:||||||||
|Net cash provided|by/(used|in) operating||activities|||17a|( 43/24)|( 53,772)|
|Net cash provided|by/(used|in) operating|||activities|||( 43,324)|( 53,772)|
|Cash flows from|investing|activities:||||||||
|Dividends
and interest from||investments||||||92,702|89&978|
|New investments||||||||(100,000)||
|Net cash provided|by/(used|in) investing||activities||||(7,298)|89,978|
|Change in cash and cash equivalents|||in|the reporting||period||(50,622)|36,206|
|Cash and cash equivalents||at the beginning|||ofthe period|||162,193|125,987|
|Cash and cash equivalents||at the end|ofthe reporting|||period|17b|111,571|162,193|
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||2022|2021|
|---|---|---|
||0||
|Admin support|12,000|12,000|
|Quarterly
Paper|9,780|9,492|
|Office costs|1,040||
|Cathehetical
costs||216|
|Council Meeting|35|30|
||22,855|21,738|
##
|||2022|2021|
|---|---|---|---|
|||g||
|Donations|from members|1,465|1,267|
|Legacies||3,658||
|Other income||350||
|||5,473|I267|
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||||2022|2021|
|---|---|---|---|---|
|Interest|on|Investments|90,512|87,467|
|Interest|on|cash deposits|2,190|2,511|
||||92,702|89,978|
##
|individ|uals
and institutions|in further|ance ofits charitab|le
activities.||||
|---|---|---|---|---|---|---|---|
||||||Support|||
||||Activities|Grant|and|||
||||undertaken|funded|governance|2022|2021|
|||Note|directly|activity|costs|Total|Total|
|||||||g||
|Funded|from unrestricted|funds:||||||
|Superior|general expenses||298||100|398|336|
|Quarterly|papers||9,765|||9,765|9,444|
|Printing|tkstationery||1,185|||1,185||
|Meeting|costs||35|||35|144|
|Cathehetical
work|||||||1,203|
|Council|general meeting||1,274|||1274||
|Grants||7||21,469||21,469|27,555|
|ACS support||||9,000|3,000|12,000|12,000|
|Independent
examination|||||2,520|2,520|2,400|
|Vestments &fitments|||||||1,701|
|Depreciation|||1,996|||1,996|1,996|
|Other|||257|||257|307|
||||14,810|30,469|5,620|~50899|57,086|
##
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|||||Grants to|Grants to|2022|Grants to|Grants to|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||Institutions|individuals|Total|Institutions|Individuals|Total|
|||||||||g|g|
|Sound systems||||3,500||3,500|4,000||4,000|
|Furniture|&ornamental||objects|1,125||1,125|11,377||11,377|
|Walsingham||Eucharist||6,370||6,370||||
|Support ofFestivals||||474||474|930|1,248|2,178|
|Vocations||||10,000||10,000|10,000||10,000|
|||||21,469||21,469|26,307|1 24g|27,555|
||2022|2021|
|---|---|---|
||g||
|Additional
Curates Society|10,220|15,877|
|St Catherines ofSienna|3,500||
|Bishop ofRichborough|6,370||
|Thorpe Le Soken|1,125||
|Shrine ofOur Lady ofWalsingham||1,500|
|Archdeacon ofChichester||4,000|
|StPeter &St Leonard Horbury||4,000|
|Sundry|254|930|
||21,469|26,307|
##
|VERNANCE|COSTS||||
|---|---|---|---|---|
||||2022|2021|
|Allocated overheads:|||||
|ACS Admin|Support||3,000|3,000|
|Superior General Expenses|||100|84|
||||3,100|3,084|
|Direct costs|||||
|Independent|Examination|Fee|2,520|2,400|
|Total|||5,620|5,484|
##
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|ANGIBLE FIXED|ASSETS||||
|---|---|---|---|---|
|||Sacred|Fixtures,|Total|
|||Vessels|Fittings &||
||||Equipment||
||||g||
|COST|||||
|I February 2021||35,433|5,512|40,945|
|Additions|||||
|31January 2022||35,433|5,512|40,945|
|ACCUMULATED|DEPRECIATION||||
|I February 2021||25,780|5,512|31,292|
|Charge for the year||1,996||1,996|
|31 January 2022||27,776|5,512|33,288|
|NET BOOKVALUE|||||
|31January 2022||7&657||7,657|
|31January 2021||9,653||9,653|
##
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|11.|FIXEDASSETINVESTMENTS|||
|---|---|---|---|
|||CCLA||
|||Investments||
||Market value at 31January 2021|3,452,604||
||Gains / (Losses) in the year|385,937||
||Investment
additions|100,000||
||Market value at 31 January 2022|3,938,541||
||Market value at 31 January 2020|3,298,580||
||Gains / (Losses) in the year|154,024||
||Market value at 31January 2021|3,452,604||
|||2022|2021|
||Investments per Type:|||
||Multi-asset
pooled funds|3,930,926|3,444,316|
||Pooled Fund —Bonds|7,615|8,288|
|||3938541|3,452,484|
|||2022||2021||
|---|---|---|---|---|---|
||||0/||0/|
|CCLA|- CBSCapital Growth Fund|469,514|12/o|322,411|9'/0|
|CCLA|Fund|3,381,403|86/0|3,049,741|88/0|
##
|For|the year ended 31January|the year ended 31January|2022||||
|---|---|---|---|---|---|---|
|12.|DEBTORS||||||
|||||2022|2021||
||||||fi||
||Prepayments|||824|808||
|||||824|808||
|13.|CREDITORS: Amounts||falling due within one year||||
|||||2022|2021||
||Accruals|||2,520|2,400||
|||||2,520|2,400||
|14.|ANALYSIS OFNKT ASSETSBETWEEN FUNDS||||||
|||||Restricted|Unrestricted|Total|
|||||Funds|Funds||
||Tangible Fixed Assets||||7,657|7,657|
||Investments||||3,938,541|3,938,541|
||Current Assets||||112,395|112,395|
||Creditors: amounts|falling due within one year|||(2,520)|(2,520)|
||||||4,056,073|4,056,073|
##
|||Balance at 1|Incoming|Outgoing|Investments|Balance at 31|
|---|---|---|---|---|---|---|
|||February|Resources|Resources|gains/(losses)|January|
|||2021||||2022|
|Restricted Funds|||||||
|Unrestricted|Funds|3,622,858|98,175|(50,899)|385,939|4,056,073|
|||3,622,858|98,175|(50,899)|385,939|4,056,073|
##
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|17.|NOTES TO THE CASH FLOW STATEMENT|NOTES TO THE CASH FLOW STATEMENT||||
|---|---|---|---|---|---|
|a.|Reconciliation ofnet income/(expenditure)|to net cash flow||2022|2021|
||from operating
activities|||8||
||Reconciliation ofnet income/(expenditure)|for the reporting|period|||
||(as per the statement offinancial activities)|||433,215|188,183|
||Adjustments
for:|||||
||Depreciation
charges|||1,996|1,996|
||(Gains)/losses
on investments|||(385,939)|(154,024)|
||Dividends,
interest and rents from investments|||(92,702)|(89,978)|
||Decrease/(increase)
in debtors|||(14)|(49)|
||Increase/(decrease)
in creditors|||120|100|
||Net cash (used in) operating
activities|||~43324)|~53,772|
|b.|Analysis ofcash and cash equivalents|||2022|2021|
||Cash in hand and at bank|||111,571|162,193|
||Total cash and cash equivalents|||111,571|162,193|
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