Registered Charity Number 1093506
## **THE COMMUNITY OF THE FRANCISCAN FRIARS OF THE RENEWAL**
**TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **Trustees’ Annual Report for the period**
## **From 1 January 2022 to 31 December 2022**
## **Charity name: The Community of The Franciscan Friars of The Renewal Charity registration number: 1093506**
## **Objectives and Activities**
||SORP
ref||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para
1.17|The trustees shall hold the trust fund and its income
upon trust and apply them towards the following
objects: (a) the relief of poverty, particularly among
the destitute; and (b) the advancement of the
Christian religion.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para
1.17
and
1.19|The Community’s main activities are the relief of
poverty and the advancement of the Christian faith.
The Community works primarily with the vulnerable,
including children and young people, the poor and
the destitute. The wider public also benefits from the
Community’s religious activities.
The Community seeks to relieve poverty by providing
practical help to the poor and destitute, particularly in
the form of food, clothing, temporary shelter, showers
and transport. On occasion financial assistance is
given for home utilities.
Many of those who seek assistance from the
Community have difficulty manoeuvring through the
governmental social services. Help is, thus, regularly
offered to fill out forms, offer references, provide a
mailing address and advocate on behalf of the less
fortunate.
The members of the Community also seek to serve
the poor and the wider public through prayer ministry,
providing spiritual instruction and encouragement.
The Community does not charge for any of its
practical or spiritual services. However, in return for
the provision of some spiritual services, beneficiaries
often make a “free will” contribution towards the
Community’s expenses.|
1
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para
1.18|In determining the charity’s activities, the trustees
have had regard to the guidance issued by the
Charity Commission on public benefit.|
|---|---|---|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38||
|Policy on social
investment including
program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|The Charity’s foundations rely heavily upon the
assistance of volunteers for the running of the
apostolates and their work with the poor. St. Pio
Friary (Bradford) and St. Fidelis Friary (London)
maintain soup kitchens, showers and clothing
distribution possible only through the generous
participation of volunteers. St. Columba Friary
(Derry) operates a drop-in centre/café with which
the friars are assisted by volunteers.|
|Other|||
## **Achievements and Performance**
SORP reference As the United Kingdom completely lifted its Covid restrictions, the London foundation was able to Summary of the main fully re-establish its “sit down/in house” lunch achievements of the Para 1.20 program. Also, the numbers of individuals charity, identifying the receiving clothing and using showers were also difference the charity’s now back to the pre-covid levels. work has made to the circumstances of its With the onset of the war in Eastern Europe and beneficiaries and any its negative economic impact, attendance at the wider benefits to lunch program in London increased by 50%. In society as a whole. addition, many more requests were made for financial assistance to cover utilities and other essential miscellaneous items. The friars continued to provide spiritual care and encouragement to the poor and the wider public via home visits, telephone conversation and street ministry. Every other month teams of friars and volunteers would go out onto the streets of central London and minister to those sleeping “rough” through the distribution of food, clothing and at times, sleeping bags.
2
Monthly spiritual conferences which include prayer, spiritual presentation and charitable works were held in the London Friary. Similar gatherings were held in Bradford and Derry. Since the end of the covid restrictions, retreats, parish missions and lecture series were reinstated on a regular basis.
The Bradford community was able to develop its celebration of Mass and adoration in the St. Patrick’s Mission Church. In addition, to the facility being a place of peace and prayer, the friars were able to offer spiritual counsel and guidance. Similar to the facility in London, the Bradford facility was able to offer monthly gatherings for Christian formation, retreats and periodic pilgrimages.
The brothers in Derry were able to further develop the Padre Pio Café, a drop-in centre/ café where those in need or simply feeling alone could find a “safe place” for fellowship and possible assistance. As the program has become known in the neighbourhood, the attendance has increased during the year.
In addition, the friars in Derry help to facilitate a 12-Step recovery program for those suffering from various forms of addiction. Other brothers have an extensive home visitation program reaching out to those marginalized in society. Further, a couple of the friars are involved with a local secondary school chaplaincy.
The Derry brothers offer a considerable amount of time for prayer, spiritual direction/guidance, confession and just a “listening ear”. Once a month, a Healing Service is offered at a local parish. Once a week, people also gather at the friary for a discipleship training program—prayer, teaching and socializing.
All of the ministries both temporal and spiritual in all three locations (London, Bradford and Derry) have experienced an increase in those seeking assistance. Through the gracious assistance of many volunteers and the continued support of the public, the friars have been able to maintain the various ministries as well as meet the increased needs as they arise.
3
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity’s results show a surplus of
£39,291 (2021: £72,949) for the year and, as
a result, total funds were £517,053 (2021:
£477,762) at the year-end.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves
are
divided
into
restricted
reserves, which may only be used for the
purpose for which the funds were donated,
and unrestricted reserves, which may be
used for any purpose approved by the
trustees. Restricted reserves comprise
sums donated specifically for projects the
trustees
have
identified
as
providing
particular benefits to the community, and
include the Catholic Underground Project,
Poverty Relief Project, St Joseph’s Parish
Hall
Project,
St
Pio
building
fund,
Retreat/Associated programmes fund and
two
Regional
funds.
The
trustees’
unrestricted reserves policy is to hold
sufficient
funds
to
cover
six
months
expenditure. Unrestricted funds stood at
£447,333 at the balance sheet date, of which
£117,702 is represented by fixed assets.
The remainder of £329,631 is sufficient to
support the trustees’reserves policy.|
|Amount of reserves held|Para 1.22|Unrestricted reserves stood at £447,333,
and restricted reserves at £69,720.|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any|Para 1.23||
4
uncertainties about the charity continuing as a going concern
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Trust Deed (dated 29 July 2002, as
amended 2 January 2007, 28 April 2014, 27
May 2020 and 25 July 2022).|
|How is the charity
constituted?|Para 1.25|Trust|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by existing trustees|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
5
## **Reference and Administrative details**
|Charity name|The Community of The Franciscan Friars of The Renewal|
|---|---|
|Other name the charity uses||
|Registered charity number|1093506|
|Charity’s principal address|St Fidelis Friary
Killip Close
Canning Town
LondonE16 1LX|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7|**Trustee name**|**Office (if**
**any)**|**Dates acted if not**
**for whole year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**|
|---|---|---|---|---|
||Rev Bernard Marie Murphy,
CFR|Treasurer||The trustees themselves|
||Mr Paul Hirst|||The trustees themselves|
||Fr Christopher Joseph
McBride, CFR|||The trustees themselves|
||Fr Tansi(Peter)Ibisi, CFR|Secretary||The trustees themselves|
||Fr Michael Kmiotek, CFR|Chairman||The trustees themselves|
||Mr HenryRocks|||The trustees themselves|
||Rev Tristan Paul Gavazzi
CFR|||The trustees themselves|
– Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this fall within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets
6
from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## Trustees’ expenses:
The Community meets the very modest living expenses of its members, which include some trustees. During the year, this expenditure did not exceed £5,000.
## Related party transaction:
The Trustees confirm that there were no related party transactions during the year.
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**----- Start of picture text -----**
Signature(s) Fr Bernard Murphy
Full name(s) Fr Bernard Murphy
Position (eg Secretary,
Trustee
Chair, etc)
29 October 2023
Date
**----- End of picture text -----**
7
|THE COMMUNITY OF FRANCISCAN FRIARS OF THE
RENEWAL|THE COMMUNITY OF FRANCISCAN FRIARS OF THE
RENEWAL|THE COMMUNITY OF FRANCISCAN FRIARS OF THE
RENEWAL|Charity No
(if any)|1093506||
|---|---|---|---|---|---|
|||||||
|Period start date|01/01/2022|To|Period end
date|31/12/2022||
## **Section A Statement of financial activities**
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
S07
**Resources expended (Note 5)**
**Expenditure on:**
Charitable activities
S09
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|
||232,801|20,956|-|253,757|295,077|
||34,084|-|-|34,084|34,145|
||2,400|-|-|2,400|800|
||-|-|-|-|-|
||269,285|20,956|-|290,241|330,022|
|||||||
||166,522|82,328|-|248,850|254,973|
||2,100|-|-|2,100|2,100|
||168,622|82,328|-|250,950|257,073|
|||||||
||100,663|(61,372)|-|39,291|72,949|
||-|-|-|-|-|
||100,663|(61,372)|-|39,291|72,949|
||-|-|-|-||
||(27,034)|27,034|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||73,629|(34,338)|-|39,291|72,949|
|||||||
||373,704|104,058|-|477,762|404,813|
||447,333|69,720|-|517,053|477,762|
1
## **Section B Balance sheet**
|**Fixed assets**
**Tangible assets (Note 8)**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors (Note 9)**
**Investments**
**Cash at bank and in hand (Note 10)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year**
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**Restricted income funds (Note 11)**
**Unrestricted funds (Note 11)**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidanc
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||117,702|-|-|117,702|123,219|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||117,702|-|-|117,702|123,219|
||||||||
|||-|-|-|-|-|
|||16,455|398|-|16,853|11,821|
|||-|-|-|-|-|
|||298,176|84,322|-|382,498|342,722|
|||314,631|84,720|-|399,351|354,543|
||||||||
|||-|-|-|-|-|
||||||||
|||314,631|84,720|-|399,351|354,543|
||||||||
|||432,333|84,720|-|517,053|477,762|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||432,333|84,720|-|517,053|477,762|
||||||||
|||-|||-|-|
|||-|69,720||69,720|104,058|
|||447,333|-|-|447,333|373,704|
||||||-||
|||447,333|69,720|-|517,053|477,762|
||||||||
|||Signature||Print Name||Date of
approval
dd/mm/yyyy|
|||Fr Bernard Murphy||Fr Bernard Murphy||29/10/2023|
2
**Section C Notes to the accounts**
## Note 1 **Basis of preparation**
## _**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with* Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
- -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
_Not applicable_ going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; _Not applicable_ Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees _Not applicable_ prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.
Yes* * -Tick as appropriate No* _**Please disclose: (i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
3
_**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
**----- End of picture text -----**
## _**Please disclose:**_
**----- Start of picture text -----**
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one
or more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of
the earliest prior period presented in the accounts.
**----- End of picture text -----**
4
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.1 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
**Donated goods**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
the monetary value can be measured with sufficient reliability.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Tax reclaims on**
**donations and gifts**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
it is more likely than not that the trustees will receive the resources; and
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
**Donated services and**
**facilities**
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
5
|**Volunteer help**
**Grants with performance**
**conditions**
**2.3 ASSETS**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights.
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other
income in the SoFA.
**Accrued income**
No material item of accrued income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS 102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed on page 7.
**Intangible fixed assets**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Settlement of insurance**
**claims**
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
**2.2 EXPENDITURE AND LIABILITIES**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Creditors**
**Governance and support**
**costs**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
**Liability recognition**
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
They are valued at cost or a reasonable value on receipt.
These are capitalised if they can be used for more than one year, and cost at least £250
They are valued at cost.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
||Yes
No
N/a|||
|||||
|||||
|||||
||Yes
No
N/a|||
|||||
|||||
6
|**Heritage assets**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**
**Stocks and work in**
**progress**
**Current asset**
**investments**
**Debtors**
**Investments**|They are valued at fair value except where they qualify as basic financial instruments.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
They are valued at cost.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable
value.
Goods or services provided as part of a charitable activity are measured at net realisable value based
on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to meet
short term cash commitments as they fall due.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they
are measured at the cash or other consideration expected to be received.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|---|
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
|||Yes
No
N/a|||
||||||
||||||
||Depreciation policy:
Motor Vehicle - 25% reducing balance
Property Improvements - straight line over 20 and 25 years
Fixtures and equipment - straight line over useful economic life (between 10 and 30 years)|
|||
7
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
|Donations andgifts
Gift Aid
Legacies
Grants
Membership subscriptions and sponsorships
which are in substance donations
Donatedgoods,facilities and services
**Total**
Mass and preaching stipends
Other
**Total**
Income from rentals
Other
**Total**
Interest income
Dividend income
Rental and leasingincome
Other
**Total**
**Total**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset
held for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights
Other
**Total**
**Charitable**
**activities:**
**Analysis**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Other:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|---|
||Donations andgifts|209,964|20,557|-|230,521|251,148|
||Gift Aid|8,609|399|-|9,008|8,679|
||Legacies|8,148|-|-|8,148|-|
||Grants|-|-|-|-|19,000|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|
-|
||Donatedgoods,facilities and services|6,080|-|-|6,080|16,250|
|||-|-|-|-|
-|
||**Total**|232,801|20,956|-|253,757|295,077|
||||||||
||Mass and preaching stipends|34,084|-|-|34,084|34,121|
|||-|-|-|-|
-|
|||-|-|-|-|
-|
||Other|-|-|-|-|24|
||**Total**|34,084|-|-|34,084|34,145|
||||||||
||Income from rentals
|2,400|-|-|2,400|800|
|||-|-|-|-|
-|
|||-|-|-|-|
-|
||Other|-|-|-|-|
-|
||**Total**|2,400|-|-|2,400|800|
||||||||
||Interest income|-|-|-|-|
-|
||Dividend income|-|-|-|-|
-|
||Rental and leasingincome|-|-|-|-|
-|
||Other|-|-|-|-|
-|
||**Total**|-|-|-|-|
-|
||||||||
|||-|-|-|-|
-|
|||-|-|-|-|
-|
|||-|-|-|-|
-|
|||-|-|-|-|
-|
||**Total**|-|-|-|-|
-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|
-|
||Gain on disposal of a tangible fixed asset
held for charity's own use|-|-||-|
-|
||Gain on disposal of a programme related
investment|-|-|-|-|
-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-||
||Other|-|-|-|-|
-|
||**Total**|-|-|-|-|
-|
||||||||
|||269,285|20,956|-|290,241|330,022|
8
**Section C Notes to the accounts (cont)**
## **Note 4 Donated goods, facilities and services**
|**Note 4 Donated goods, facilities and services**|**Note 4 Donated goods, facilities and services**|||
|---|---|---|---|
|**Refurbishment works**
**Vehicles**
**Independent examiner's and accountancy fees**
**Equipment**||**This year**
**Last year**
**£**
**£**||
|||880|-|
|||3,100|8,650|
|||-|5,500|
|||2,100|2,100|
|||6,080|16,250|
|||||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|See accounting policies|||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services**
**not recognised in the accounts, eg**
**contribution of unpaid volunteers.**||||
||None|||
|||||
||The Community is grateful to its many volunteers.|||
9
**Section C Notes to the accounts (cont)**
## **Note 5 Analysis of expenditure**
|Loss on disposal of fixed assets
Utilities
Rent
Insurance and taxes
**Total expenditure on charitable activities**
**Analysis**
To further the work of evangelism
For retreats and associated programmes
**Expenditure on**
**charitable**
**activities**
Community welfare
Evangelisation, Catholic Underground and
Pro-Life activities
Grants:
To further Pro-Life activities
Depreciation - fixtures
Establishment expenses:
Repairs and maintenance
For repair work carried out at St.Joseph's
Parish Hall
Travel and meeting expenses
Depreciation - leasehold improvements
Depreciation - motor vehicle
Ministry expenses
To further the relief of poverty
Direct charitable expenditure:
Alms for the poor and soup kitchen
Independent examiner's fee
**TOTAL EXPENDITURE**
**Total other expenditure**
**Other**
Accountancyfees|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|---|
||Direct charitable expenditure:||||||
||Travel and meeting expenses|41,029|-|-|41,029|33,126|
||Depreciation - leasehold improvements|7,396|-|-|7,396|7,395|
||Depreciation - motor vehicle|2,755|-|-|2,755|1,619|
||Depreciation - fixtures|923|-|-|923|677|
||Ministry expenses|41,729|2,155|-|43,884|36,077|
||Alms for the poor and soup kitchen|7,186|42,724|-|49,910|32,127|
||Community welfare|10,273|-|-|10,273|12,328|
||Evangelisation, Catholic Underground and
Pro-Life activities|-|12,244|-|12,244|8,488|
||Grants:||||||
||For repair work carried out at St.Joseph's
Parish Hall|-|-|-|-|-|
||To further Pro-Life activities|-|3,235|-|3,235|2,400|
||To further the work of evangelism|-|13,415|-|13,415|13,144|
||To further the relief of poverty|-|700|-|700|1,000|
||For retreats and associated programmes|-|300|-|300|-|
||Establishment expenses:||||||
||Repairs and maintenance|4,734|7,555|-|12,289|60,054|
||Utilities|32,591|-|-|32,591|29,045|
||Rent|13,000|-|-|13,000|12,600|
||Insurance and taxes|4,906|-|-|4,906|3,644|
||Loss on disposal of fixed assets|-|-|-|-|1,249|
||**Total expenditure on charitable activities**|166,522|82,328|-|248,850|254,973|
||||||||
||Accountancyfees|1,100|-|-|1,100|1,100|
||Independent examiner's fee|1,000|-|-|1,000|1,000|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total other expenditure**|2,100|-|-|2,100|2,100|
||||||||
|||168,622|82,328|-|250,950|257,073|
10
**Section C Notes to the accounts (cont)**
## **Note 6 Details of certain items of expenditure**
## **6.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**|||
|---|---|---|
|**Other fees (for example: financial advice, consultancy, accountancy services)**
**paid to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**|
||1,000|
1,000|
||-|-|
||-|-|
||1,100|
1,100|
11
**Section C Notes to the accounts (cont)**
## **Note 7 Grantmaking**
## _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **7.1 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support**
**costs**|**Total**|
|---|---|---|---|---|
||**£**|**£**|**£**|**£**|
|To further Pro-Life|3,235|
-|
Nil|3,235|
|To further the work of evangelism|10,383|
3,032|Nil|13,415|
|To further the relief of poverty|-|700|
Nil|700|
|For retreats and associated programmes|-|
300|Nil|300|
|**_Total_**|**13,618**|**4,032**|
**Nil**|**17,650**|
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **7.2 Grants made to institutions**
|**7.2 Grants made to institutions**|||
|---|---|---|
|**_My charity has made grants to particular institutions that are material_**
**_in the context of its grantmaking._**
**_Details of the institution supported, purpose of the grant and total paid_**
**_to each institution is available on the charity's web site._**|**_No_**|**_Please_**
**_provide_**
**_details of_**
**_charity's_**
**_URL._**|
||**_Yes_**|**_Provide_**
**_details_**
**_below_**|
|**Names of institution**|**Purpose**|**Total**
**amount of**
**grants**
**paid £**|
|---|---|---|
|Craig Lodge Trust|Support|6,000|
|Franciscan Sisters of the Renewal|Support|1,625|
|NET Ireland|Support|1,045|
|March for Life|Support|1,000|
|Good Counsel Network|Support|1,000|
|Aid to the Church in Need|Support|500|
|Redemptoris Mater Seminary|Support|500|
|Youth 2000, Ireland|Support|300|
|Bedford Guardians|Support|300|
|Precious Life|Support|300|
|Human Life International (Ireland)|Support|300|
|St Patrick's Mission|Support|213|
|Stanton Pro-Life Care|Support|200|
|Rachel's Vineyard|Support|135|
|The Spiritual Family|Support|100|
|Galliagh Womens Group|Support|100|
||||
|**_TOTAL GRANTS PAID_**
**_Other grants_**
**_Total grants to institutions in reporting period_**||13,618|
|||4,032|
|||17,650|
12
**Section C Notes to the accounts (cont)**
## **Note 8 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **8.1 Cost or valuation**
|At the beginning of
the year
Additions
Revaluations
Disposals
Transfers *
At end of the year|**Freehold**
**land &**
**buildings**
**£**|**Property**
**improvements**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures, fittings**
**and equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|
||-|162,320|15,450|7,839|185,609|
||-|-|3,100|2,457|5,557|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|162,320|18,550|10,296|191,166|
## **8.2 Depreciation and impairments**
|****Basis**
**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the
beginning of the year
Net book value at the
end of the year
**8.3 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
|---|---|---|---|---|---|---|
|||4% & 5 % SL|25% RB|3.33% & 10% SL|||
||- 55,084 4,878 2,428 62,390
- - - - -
- 7,396 2,755 923 11,074
- - - - -
- - - - -
- 62,480 7,633 3,351 73,464
- 107,236 10,572 5,411 123,219
- 99,840 10,917 6,945 117,702||||||
||-|107,236|10,572|5,411|123,219||
||-|99,840|10,917|6,945|117,702||
13
**Section C Notes to the accounts (cont)**
## **Note 9 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
|**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 9 Debtors and prepayments**|||
|---|---|---|
|**9.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
||-|-|
||7,845|3,143|
||9,008|8,678|
||16,853|11,821|
14
**Section C Notes to the accounts (cont)**
## **Note 10 Cash at bank and in hand**
|**Note 10 Cash at bank and in hand**|||
|---|---|---|
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**|**Last year**
**£**|
||-|
-|
||-|
-|
||382,498|342,722|
||-|
-|
||382,498|342,722|
15
**Section C Notes to the accounts (cont)**
## **Note 11 Charity funds**
## **11.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|Pro-Life Fund|R|To further Pro-Life activity|-|317|(3,235)|2,918||-|
|Poor Fund|R|To further the relief of poverty|-|18,208|(28,424)|10,216||-|
|Covid-19 Relief Project|R|To help the disadvantaged|15,000|-|(15,000)|-||-|
|Catholic Underground|R|To hold donations for Catholic
Underground project|6,505|1,061|-|-||7,566|
|Evangelism|R|To further evangelism in communities|11,389|370|(25,659)|13,900||-|
|St Pio House (formally St
Joseph's Parish Hall)|R|To hold for the repairs of St Joseph's
Parish Hall|45,404|-|(1,160)|-||44,244|
|St Pio Building and Food Bank
Fund|R|To renovate the Apostolic Centre and to
refurbish a cellar toprovide a food bank|16,746|-|(6,395)|-||10,351|
|Retreat/Associated programmes|R|To hold donations for retreat and
associatedprogrammes|7,659|1,000|(2,455)|-||6,204|
|St Fidelis Regional Servant
Fund|R|To hold donations for St Fidelis' regional
fund|755|-|-|-||755|
|St Pio Regional Servant Fund|R|To hold donations for St Pio's regional fund|600|-|-|-||600|
|Unrestricted Fund|U|To hold donations for general purpose of
the charity|373,704|269,285|(168,622)|
(27,034)||447,333|
|**Total Funds**|||477,762|290,241|(250,950)|-|-|517,053|
16
**Section C Notes to the accounts (cont)**
## **Note 11 Charity funds (cont)**
## **11.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds'**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U -**_
|**Fund names**|**Type PE, EE**
**R or UR ***|
**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|Poor Fund|R|To further the relief ofpoverty|-|22,003|(26,393)|4,390|-|-|
|Covid-19 Relief Project|R|To helpthe disadvantaged|-|15,000|-|-|-|15,000|
|Catholic Underground|R|To hold donations for Catholic
Undergroundproject|5,905|600|-|-|-|6,505|
|Evangelism|R|To further evangelism in communities|7,978|3,411|-|-|-|11,389|
|St Pio House (formally St
Joseph's Parish Hall)|R|To hold for the repairs of St Joseph's
Parish Hall|40,972|7,008|(2,576)|-|-|45,404|
|St Pio Building Fund|R|To renovate the Apostolic Centre and to
refurbish a cellar toprovide a food bank|60,864|4,000|(48,118)|||16,746|
|Retreat/Associated
Programmes|R|To hold donations for retreat and
associatedprogrammes|4,078|4,351|(770)|-|-|7,659|
|St Fidelis Regional Servant
Fund|R|To hold donations for St Fidelis' regional
fund|755|-|-|-|-|755|
|St Pio Regional Servant
Fund|R|To hold donations for St Pio's regional fund|600|-|-|-|-|600|
|Unrestricted Fund|U|To hold donations for general purpose of
the charity|283,661|273,649|(179,216)|
(4,390)|-|373,704|
|**Total Funds**|||404,813|330,022|(257,073)|-|-|477,762|
17
**Section C Notes to the accounts (cont)**
## **Note 11 Charity funds (cont)**
## **11.3 Transfers between funds**
||**Reason for transfer and where endowment is converted to**
**income, legalpower for its conversion**|**Amount**|
|---|---|---|
|Between unrestricted and
restricted funds|To finance a deficit on restricted funds.|£ 27,034|
|Between endowment and
restricted funds|||
|Between endowment and
unrestricted funds|||
||||
## **11.4 Designated funds**
**Planned use Purpose of the designation Amount**
18
## **Section C Notes to the accounts (cont)**
## **Note 12 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **12.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Thisyear**||||**Lastyear**|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|
|||**£**|**£**|**£**|**£**|**£**|
||||||||
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
## **12.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
**No trustee expenses have been incurred (True or False)**
_**FALSE**_
**The Community meets the very modest living expenses of its members, who include trustees. In addition, total travel and sundry expenes were reimbursed to seven trustees. During the year under review, this expenditure did not exceed £5,000 (2021: £5,000).**
|**Type of expenses reimbursed**|**Thisyear**|**Lastyear**|
|---|---|---|
|**Travel**|||
|**Subsistence**|||
|**Accommodation**|||
|**Other (please specify):**|||
|**TOTAL**|||
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity Seven**
19
## **12.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|||
|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting period (True or False)**||||||**_TRUE_**||
|||||||||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**
|
|||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
20
**Section C Notes to the accounts (cont)**
## **Note 13 Leasing agreements**
## **Minimum lease payments on non-cancellable operating leases fall due as follows:**
|**More than five years**
**Within one year**
**Between one and five years**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||15,346|15,346|
||10,400|10,400|
||28,600|31,200|
||54,346|56,946|
21
**Section C Notes to the accounts (cont)**
## **Note 14 Funds received as agent**
_**14.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
|||**Amount received**|**Amount received**|**Amountpaid out**|**Amountpaid out**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related**
**party (Yes**
**or No)**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**St Seraphim Friary in**
**Honduras**|**No**|2,025|-|2,025|-|-|
-|
|||-|-|-|-|-|
-|
|||-|-|-|-|-|
-|
|**Total**||2,025|-|2,025|-|-|
-|
22
**Section C Notes to the accounts (cont)**
**Note 15 Additional disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
## Donated services
The charity's independent examiner, Peter McKay of Jones Hunt & Keelings, Chartered Certified Accountants and Chartered Tax Advisers, has kindly provided his services without charge. £2,100 (2021: £2,100) has been included as income and expenditure in these accounts in respect of this item.
23
**Independent examiner's report on the accounts**
|**Section A Independent Examiner’s Report**|**Section A Independent Examiner’s Report**|
|---|---|
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**
**Independent examiner’s**
**statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**Address:**|The Community of The Franciscan Friars of The Renewal
31 December 2022
**Charity no**
**(if any)**1093506
One to twenty-three of Form CC17
I report to the trustees on my examination of the accounts of the above
charity (‘the Trust’) for the year ended 31 December 2022.
As the charity’s trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 (‘the
2011 Act’).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act.
The charity’s gross income exceeded £250,000 and I am qualified to
undertake the examination by being a qualified member of the Institute of
Chartered Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
1. accounting records were not kept in respect of the Trust as required by
section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning
the form and content of accounts set out in the Charities (Accounts and
Reports) Regulations 2008, 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.
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 to enable a proper understanding of the accounts to be reached.
Peter McKay
**Date:**
29 October 2023
Peter McKay
Fellow of the Institute of Chartered Accountants in England and Wales
Jones Hunt & Keelings, Chartered Certified Accountants and Chartered Tax
Advisers, Broad House, 1 The Broadway, Old Hatfield, Hertfordshire, AL9
5BG|
||Jones Hunt & Keelings, Chartered Certified Accountants and Chartered Tax
Advisers, Broad House, 1 The Broadway, Old Hatfield, Hertfordshire, AL9
5BG|
1