| 2020 E |
2019f | ||||
|---|---|---|---|---|---|
| Income | |||||
| Rents | 9,404 | ||||
| Pension 8 Salary Donations | 25,856 | 19,528 | |||
| Other Donations | 20,673 | 31,689 | |||
| Interest on Investments | 3,466 | 5,396 | |||
| Contributions | 1,334 | ||||
| Profit on sale of Property | 151,313 | ||||
| 49,995 | 218,664 | ||||
| Less: Expenses | |||||
| Contributions to Other Convents |
11,840 | 1,355 | |||
| Light 8 Heating | 4,613 | 4,800 | |||
| Community Charges |
8 Water Rates | 772 | 2,631 | ||
| Insurance - Premises |
1,474 | 1,673 | |||
| Legal 8 Professional | 1,565 | ||||
| Motor 8 Travel | 5,591 | 6,071 | |||
| Repairs & Maintenance | 8,621 | 5,907 | |||
| Food and Lodging | 3,672 | 3,088 | |||
| Telephone | 827 | 1,164 | |||
| Stationery | 366 | 376 | |||
| Salaries - Assistants | 851 | 725 | |||
| Sundries | 634 | 499 | |||
| Subcriptions | 59 | ||||
| Mass &Charity Payments | 969 | 2,609 | |||
| Sisters Allowances | 8 | Personal Effects | 1,495 | 1,710 | |
| Retreats 8 Seminars | 310 | ||||
| Bank Charges | 84 | 93 | |||
| Accountancy | 1,170 | 1,020 | |||
| 42,979 | 35,651 | ||||
| Excess ofreceipts over payments | for the year | ||||
| for the year | 7,016 | 183,013 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| E | ||||
| Income | ||||
| Rents Pension 8 Salary |
Donations | 4,900 29,515 |
2,400 29,822 |
|
| Interest on Investments | 2,715 | 332 | ||
| Contributions | 1,554 | 205 | ||
| 38,684 | 32,759 | |||
| Less: Expenses | ||||
| Contributions to Other Convents |
9,360 | |||
| Light 8 Heating | 1,318 | 904 | ||
| Community Charges |
8 Water Rates | 1,076 | 926 | |
| Insurance —Premises |
645 | 647 | ||
| Motor 8 Travel Repairs 8 Maintenance Food and Lodging Telephone |
2,013 2,883 1,469 549 |
3,358 3,908 1,389 569 |
||
| Stationery | 2 | 20 | ||
| Sundries | 618 | 1,182 | ||
| Subcriptions | 22 | 22 | ||
| Mass 8 Charity Payments Sisters Allowances 8 Personal Effects |
2,337 989 |
8,319 780 |
||
| Retreats 8 Seminars | 350 | 400 | ||
| Bank Charges | 19 | 42 | ||
| 23,649 | 22,464 | |||
| Excess ofreceipts | over payments | |||
| for the year | 15,035 | 10,295 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Opening | Balance | 1,308,113 | 1,114,807 | |
| Add: Forest Gate | ||||
| Excess | of Income over Payments | for the year | 15,035 | 10,295 |
| Add: Wolverhampton | ||||
| Excess | of Income over Payments | for the year | 7,016 | 'I83,013 |
| Closing | Balance | 1,330,16'I | 1,308,113 |
| 2020 | 2019 |
|---|---|
| F |
| Fixed a | ssets | ssets | ||||
|---|---|---|---|---|---|---|
| Freehold | property | 320,628 | 320,628 | |||
| Current | assets | |||||
| Bank/building | society balances | 1,007,845 | 986,207 | |||
| Cash in |
hand | 1,688 | 1,278 | |||
| 1,009,533 | 987,485 | |||||
| Net current | assets | 1,009,533 | 987,485 | |||
| Net assets | 1,330,161 | 1,308,113 | ||||
| Capital account | ||||||
| Balance | at start of period | 1,308,113 | 1,114,807 | |||
| Net profit | 22,051 | 193,308 | ||||
| 1,330,161 | 1,308,113 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| f | f | |||||
| BANK BALANCES | ||||||
| Lloyds TSB Lloyds TSB Lloyds TSB Lloyds TSB Lloyds TSB |
Term Deposit to Term Deposit to Term |
0193001 1060410 07/12/21 16/09/20 Deposit |
67,418 25,567 152,000 300,000 50,000 |
61,177 13,538 152,000 300,000 50,000 |
||
| Natwest Natwest Natwest |
Term Deposit Term Deposit |
0775 0749 to 01/09/20 to 11/06/20 |
11,460 101,400 300,000 |
8,838 100,654 300,000 |
||
| 1,007,845 | 986,207 | |||||
| CASH BALANCES | ||||||
| Alameda | Gardens | 1,018 | 896 | |||
| Lancaster | Road | 671 | 382 | |||
| 1,688 | 1,278 | |||||
| Schedule ofFreehold Properties | ||||||
| as at 5April | 2020 | |||||
| 2020f | 2019 f |
|||||
| LAND AND BUILDlNGS {AtCost) | ||||||
| 33Alameda Gardens |
||||||
| Wolverhampton | 9,700 | 9,700 | ||||
| 20 Lancaster | Road | |||||
| London —Cost |
273,054 | 273,054 | ||||
| —Extension | 37,874 | 37,874 | ||||
| 320,628 | 320,628 |
| 2020 | 2019 | ||
|---|---|---|---|
| F | |||
| Sales | 88,679 | 251,423 | |
| Expenses | |||
| Employee costs | 3,335 | 3,214 | |
| Premises costs | 7,779 | 9,261 | |
| Repairs | 11,504 | 9,814 | |
| General administrative | expenses | 29,990 | 19,200 |
| Motor expenses | 7,605 | 4,574 | |
| Travel and subsistence | 5,141 | 9,332 | |
| Legal and professional | costs | 1,170 | 2,585 |
| Other finance charges | 103 | 135 | |
| 66,627 | 58,115 | ||
| Profit | 22,051 | 193,308 |
tJoseph's Convent, Wolverhampton otes to the Accounts or the year ended 5 April 2020 |
tJoseph's Convent, Wolverhampton otes to the Accounts or the year ended 5 April 2020 |
||
|---|---|---|---|
| Profit and loss account analysis | |||
| 2020f | 2019 | ||
| Sales | |||
| Contributions Interest on Investments Rental Income Pension 8 Salary Donations Other Donations Profit on Sale on Property |
1,554 6,181 4,900 55,371 20,673 |
1,539 5,729 11,804 49,350 31,689 151,313 |
|
| 88,679 | 251,423 | ||
| Employee Costs | |||
| Wages and Salaries | 851 | 724 | |
| Sisters Allowances and Personal Effects |
2,484 | 2,490 | |
| 3,335 | 3,214 | ||
| Premises Costs | |||
| Community Charge 8 Light and Heat |
Waters Rates | 1,848 5,931 |
3,557 5,704 |
| 7,779 | 9,261 | ||
| Repairs and Maintenance | 11,504 | 9,814 | |
| General Administrative | Expenses | ||
| Telephone and Fax Stationery and Printing |
1,376 368 |
1,733 396 |
|
| Subscriptions | 22 | 81 | |
| Insurance Retreats 8 Seminars |
2,119 350 |
2,319 710 |
|
| Mass 8 Charity Payments Contributions to Other Convents Sundry Expenses |
3,306 21,200 1,252 |
10,928 1,355 1,681 |
|
| 29,990 | 19,200 | ||
| Motor 8 Travel Expenses | 7,605 | 4,574 | |
| Food 8 Lodging | 5,141 | 9,332 | |
| Legal and Professional | Costs | ||
| Accountants Fees Other Legal and Professional |
1,170 | 1,020 1,565 |
|
| 1,170 | 2,585 | ||
| Other Finance Charges | |||
| Bank Charges | 103 | 135 |
| Freehold Property | |
|---|---|
| 2020 | |
| Cost | |
| At 6 April 2019 | 320,628 |
| Additions | |
| Disposals | |
| At 5 April 2020 | 320,628 |
| Depreciation | |
| At 6 April 2019 | |
| At 5 April 2020 | |
| Net book value | |
| At 5 April 2020 At 5 April 2019 |
320,628 320,628 |