2021-12-31-accounts - Catholic Trust For England And Wales

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees'	annual report			1—12
Reference	and administrative		Details	13—14
Statement	oftrustees'	responsibilities		15
Independent auditor's		report		16—18

Consolidated	statement	of Financial	19
Balance Sheets			20
Consolidated	cash flow	statement	21
Statement of	accounting	policies	22 —24
Notes to the	accounts		25-52

Rt Rev Peter Brignall (Chair)	Rt Rev Peter Brignall (Chair)	Rt Rev Peter Brignall (Chair)		Mr John Gibbs	Mr John Gibbs			Ms Sarah Kilmartin
Most Rev Malcolm		McMahon	OP	Ms Cathy	Corcoran			Rev David Roberts
Most Rev Bernard		Longley		Mr Kees Kempenaar				Mrs Lyn Murray
Rt Rev Mark	O' Toole			Ms Tamsin	Eastwood			Dr James Whiston	OBE
Mrs Carol Lawrence				Rt Rev Tom Williams
(appointed	15March 2022)			(appointed	15March 2022)
COMPANY SECRETARY				Rev Canon	Christopher		Thomas
CHARITY NUMBER				1097482
BANKERS				HSBC pic
				69 Pall Mall
				London
				SW1Y5EY
SOLICITORS				DLA Piper	LLP
				3 Noble Street
				London
				EC2V 7EE
				Jose Perez
				Rue Marques		da Fronteira
				1070-295	Lisboa
				Portugal
AUDITOR				Haysmacintyre		LLP
				10Queen	Street Place
				London
				EC4R 1AG

		Unrestricted	Restricted	Total	Total
		Funds	Funds	2021	2020
	Notes	E	E	E	E
Income and endowments
from:
Donations and legacies	1a	821,460	4,000,452	4,821,912	7,579,113
Diocesan assessments	1b	1,440,387	974,946	2,415,333	2,857,386
Charitable activities	1c	1,040,999	79,888	1,120,887	857,078
Other trading activities		1,394,729		1,394,729	962,241
Investment income	1d	743,237	51,414	794,651	630,528
Other income	1e	41,338	163,692	205,030	491,328
Total		5,482,150	5,270,392	10,752,542	13,377,674
Expenditure on:
Raising funds		218,764	38,434	257,198	288,048
Other trading activities		1,236,376		1,236,376	764,854
Charitable activities		4,061,801	5,735,476	9,797,277	10,891,928
Total	2a	5,516,631	5,773,910	11,290,851	11,944,830
Net gains/(losses) on	6a 6b
investments		3,561,696	337,669	3,899,365	1,232,753
Net income/(expenditure)
before transfers		3,526,905	(165,849)	3,361,056	2,665,597
Transfers between funds	12	(201,530)	201,530
Net income/(expenditure)
for the year before minority
interest		3,325,375	35,681	3,361,056	2,665,597
Minority interest		(710,854)		(710,854)	(693,083)
Fund balances brought
forward		46,320,839	5,315,937	51,636,776	48,971,179
Fund balances carried
forward		48,935,360	5,351,618	54,286,978	50,943,693

					Group	Group	Charity	Charity
					2021	2020	2021	2020
FIXED ASSETS				Notes	f	E	E	E
Tangible assets				5	11,637,326	10,659,417	8,112,038	6,862,293
Investments
.Listed investments	and investment		in
subsidiary company				6	39,133,178	34,415,970	37,438,737	34,440,971
.Programme related	investments			7	1,110,416	1,160,416	1,110,416	1,160,416
					51,880,920	46,235,803	46,661,191	42,463,680
CURRENT ASSETS
Stock				8	58,214	60,988
Debtors				9	6,377,613	5,745,504	1,812,530	1,197,685
Cash at bank and in	hand				6,737,635	8,711,505	3,187,249	4,790,347
					13,173,462	14,517,997	4,999,779	5,988,032
CURRENT LIABILITIES
Creditors: Amounts	falling due	within one
Year				10	(10,056,550)	(9,117,024)	(3,597,041)	(3,869,122)
NET CURRENT ASSETS					3,116,912	5,400,973	1,402,738	2,118,910
TOTAL ASSETS LESS	CURRENT
LIABILITIES					54,997,832	51,636,776	48,063,929	44,582,590
NET ASSETS					54,997,832	51,636,776	48,063,929	44,582,590
RESTRICTED FUNDS
Restricted income funds				12	5,351,618	5,315,937	5,301,614	5,319,959
UNRESTRICTED FUNDS
General funds					3,460,928	1,953,969	4,182,404	2,042,340
Designated funds				13	42,030,945	40,920,494	38,579,911	37,220,291
Trading funds					3,443,487	2,753,293
TOTAL UNRESTRICTED FUNDS					48,935,360	45,627,756	42,762,315	39,262,631
TOTAL CHARITABLE	FUNDS				54,286,978	50,943,693	48,063,929	44,582,590
Trading funds attributable		to	minority
interest					710,854	693,083
TOTAL					54,997,832	51,636,776	48,063,929	44,582,590

							2021	2020
CASH FLOW STATEMENT							E	E
Cash flows from operating activities:
Net cash provided by operating	activities: (see below)						(658,243)	(273,348)
Cash flows from investing activIties:
Dividends, interest and rents from investments							794,651	630,528
Purchase ofproperty, plant and	equipment						(1,360,589)	(5,371,221)
Proceeds from the sale ofproperty,		plant and equipment
Purchase ofinvestments							(9,123,040	(11,336,153)
Proceeds from sale ofinvestments							8,323,351	13,648,237
Net cash provided by investing	activities						(1,365,627)	(2,428,609)
Cash flows from financing activities:
Repayments ofborrowing							50,000	12,000
Net cash provided by financing	activities						50,000	12,000
Change in cash &cash equivalents in the reporting			period				(1,973,870)	(2,689,957)
Cash &cash equivalents at the beginning ofthe reporting					period		8,711,505	11,401,462
Cash 8 cash equivalents at the	end	ofthe reporting		period			6,737,635	8,711,505
Reconciliation ofnet income to cash inflow/(outflow)				from
operating activities
Net income for the reporting period		(as per SOFA)					3,361,056	2,665,597
Adjustments for:
Reserves transferred
Depreciation charges							382,670	421,168
Deficit on disposal of property,	plant	and equipment
(Gains) on investments							(3,917,509)	(1,268,850)
Dividends, interest & rents from investments							(794,651)	(630,528)
(Decrease)/increase in stock							2,774	2,356
(Decrease)/increase in debtors							(632,109)	(4,465,351)
Increase in creditors							939,526	3,002,260
Net cash provided by operating	activities						(658,243)	(273,348)
ANALYSIS OF CHANGES IN CASH	IN HAND AND AT BANK
					1January			31December
						2021	Cash Flows	2021
						E	E	E
Cash in hand and at bank					8,711,505		(1,973,870)	6,737,635

DONATION	S AND LEGACIES
		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2021	2021	2021	2020
		E	E	E	E
Donations		808,089	454,459	1,262,548	4,225,535
Legacies		13,371	3,975	17,346	128,678
Grants receivable			3,542,018	3,542,018	3,224,900
		821,460	4,000,452	4,821,912	7,579,113
DIOCESAN	ASSESSMENTS
		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2021	2021	2021	2020
		E	E	E	E
Arundel and	Brighton	68,276	43,037	111,313	131,756
Birmingham		123,772	100,474	224,246	262,401
Brentwood		59,621	45,528	105,149	123,365
Cardiff		22,408	21,846	44,254	51,061
Clifton		43,680	27,481	71,161	84,446
East Anglia		29,981	13,498	43,479	52,613
Hallam		22,090	19,446	41,536	48,405
Hexham and	Newcastle	72,640	60,229	132,869	155,124
Lancaster		45,769	29,870	75,639	89,808
Leeds		50,505	37,665	88,170	104,032
Liverpool		158,202	100,478	258,680	306,963
Menevia		1,847	5,408	7,255	7,893
Middlesbrough		29,950	21,131	51,081	60,390
Northampton		38,707	24,153	62,860	74,855
Nottingham		57,159	36,486	93,645	111,231
Plymouth		58,671	15,168	73,839	92,015
Portsmouth		64,808	37,195	102,003	122,139
Salford		78,126	87,014	165,140	188,959
Shrewsbury		51,624	47,136	98,760	114,962
Southwark		116,651	82,026	198,677	234,749
Westminster		236,584	114,808	351,392	424,762
Wrexham		4,316	4,869	9,185	10,457
Contribution	from Bishopric ofthe Forces	5,000		5,000	5,000
		1,440,387	974,946	2,415,333	2,857,386

				Unrestricted	Restricted
				Furtcls	Funds	Total	Total
				2021	2021	2021	2020
				E	E	E	E
Conferencing		income		22,700	25,928	48,628	4,020
Subsidiary	charitable		activities	1,018,299	53,960	1,072,259	853,058
				1,040,999	79,888	1,120,887	857,078

		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2021	2021	2021	2020
		E	E	E	E
Arising on quoted	investments:
Dividends		385,279	34,585	419,864	466,895
Fixed Interest		302,958	16,802	319,760	121,002
		688,237	51,387	739,624	587,897
Rental income		55,000		55,000	39,316
Bank interest			27	27	3,315
		743,237	51,414	794,651	630,528

OTHE	R INCOME
		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2021	2021	2021	2020
		E	E	E	f
Other	income	41,338	163,692	205,030	491,328
		41,338	163,692	205,030	491,328

	Charitable	Raising	Total	Total
	Activities	Funds	2021	2020
	6	6	6	6
Staff costs	601,449	5,469	606,918	566,899
Premises costs	375,988	11,668	387,656	386,168
Other costs	268,087	2,740	270,827	290,004
	1,245,524	19,877	1,265,401	1,243,071

ANALYSIS OF GRANT MAKING	ANALYSIS OF GRANT MAKING	ANALYSIS OF GRANT MAKING	ACTIVITIES
				Unrestricted	Restricted
				Funds	Funds	Total	Total
				2021	2021	2021	2020
				E	E	E
National Board ofCatholic Women				5,000		5,000
National Council Lay Caritas Social Action	Association Network			5,000 90,000	30,000	5,000 120,000	7,000 90,000
Lisbonian Society				4,100		4,100	4,500
CARI					20,000	20,000	50,000
Walsingham Trust							300,000
Parliamentary Interns					7,350	7,350	32,365
Dayfor Life
Anscombe Bioethics	Centre				20,000	20,000	100,000
Other grants awarded					103,500	103,500	242,031
Priests' Training and	Formation		grants
Ordinariate ofOur Lady ofWalsingham					7,500	7,500	10,000
Syro Malabar							10,000
Diocese ofNorthampton							20,000
Diocese of East Anglia							25,000
Diocese of Cardiff							20,000
Diocese of Hexham and Newcastle							20,000
Diocese of Lancaster							20,000
Diocese of Leeds							25,000
Diocese of Plymouth							20,000
Diocese ofPortsmouth							32,500
Diocese ofWrexham							10,000
Historic England Grants					3,470,883	3,470,883	2,998,117
Churches Legislation	Advisory	Service		20,700		20,700	20,700
CCEE				11,262		11,262	11,836
COMECE				14,500		14,500	14,500
				150,562	3,659,233	3,809,795	4,083,549

STAFF	2021	2020
	E	E
Staff Costs:
Wages and salaries	3,181,327	3,468,679
Social security	289,305	312,792
Pension costs	274,655	266,553
	3,745,287	4,048,024
Number of Employees:	Number	Number
Average	96	106
	96	106
Full Time Equivalent	93	98
	93	98

			Number
E60,000	-	670,000	2
E70,000	-	E80,000	3
E80,000	-	E90,000	1
690,000	-	6100,000	2

Group			Freehold	Furniture
			Buildings	Equipment	Total
			E	E	E
COST OR VALUATION
At beginning	ofthe year		10,151,305	2,969,502	13,120,807
Additions			1,318,752	41,827	1,360,589
Disposals
At end ofthe	year		11,470,057	3,011,329	14,481,386
DEPRECIATION
At beginning	ofthe year		854,922	1,606,468	2,461,390
Depreciation			141,529	241,141	382,670
Dispose ls
At end ofthe	year		996,451	1,847,609	2,844,060
NET BOOK VALUE
Net book value at beginning		ofthe year	9,296,383	1,363,034	10,659,417
Net book value at end ofthe		year	10,473,606	1,163,720	11,637,326

LISTED INVESTMENTS	LISTED INVESTMENTS			2021	2020
				E	f
Market value Additions	at 1January	2021		33,734,680 9,276,989	35,052,817 11,061,248
Disposals Revaluation	(losses)/gains			(8,323,351) 3,917,509	(13,648,237) 1,268,850
Market value	at 31December 2021			38,605,827	33,734,678
Cash held for reinvestment		by investment	managers	527,351	681,292
				39,133,178	34,415,970
Cost oflisted	investments	at 31December	2021	32,131,918	29,455,190
Investments at fair value comprised:
Equities				30,148,932	25,750,607
Fixed interest				4,720,981	4,124,648
Other instruments				3,689,079	3,859,426
Cash				574,186	680,809
Tota I				39,133,178	34,415,970

alue).	Included in the ab	Included in the ab	Included in the ab	ove table are assets	ove table are assets	ove table are assets	held by subsidiaries with a fair v	alue ofE1,809,442.	alue ofE1,809,442.
6b.	RECONCILIATION			OF GAINS/(LOSSES)			ON INVESTMENTS	Group &Charity
								2021	2020
								E	E
	Revaluation	(losses)/gains						3,917,509	1,268,850
	(Losses)/gains		on	forward	contracts			(18,144)	(36,097)
	(Losses)/gains		on	investments		per SOFA		3,899,365	1,232,753

PROGRAMME	PROGRAMME	Group &Charity	Group &Charity
		2021	2020
		E	E
St Luke's	Centre	1,000,000	1,000,000
Venerable	English College, Rome	110,416	160,416
		1,110,416	1,160,416

STOCK					Group		Charity	Charity
					2021	2020	2021	2020
					E	E	E	E
Shop stock, for resale					47,314	49,493
Other stock					10,900	11,495
					58,214	60,988
DEBTORS					Group		Charity
					2021	2020	2021	2020
					E	E	E	E
Prepayments	and	accrued income			1,847,382	1,316,162	1,197,875	957,750
Other debtors					4,530,231	4,429,342	76,482	181,299
Amounts due	from subsidiary			undertakings			538,173	58,636
					6,377,613	5,745,504	1,812,530	1,197,685
CREDITORS: amounts			falling due within one year				Charity
					2021	2020	2021	2020
					E	E	E	E
Expense creditors					132,842	385,593	45,594	248,267
Social Security	and	other taxes			92,143	70,138	50,519	59,422
Deferred income		(Note 10)			79,419	466,442	4,259	24,259
Other creditors					6,087,282	4,947,592	366,130	382,606
Accruals					3,664,864	3,247,259	3,130,539	3,154,568
					10,056,550	9,117,024	3,597,041	3,869,112

12. RESTRICTED FUNDS		Balance at				Movement	Balance at
		1January				On	31December
Group &Charity		2021	Income	Expenditure	Transfers	investments	2021
		E	f	E	E	E	E
Catholic Youth Reserve		6,784					6,784
Diocesan Reserve		100,173					100,173
Day for Life		154,430	100,997	(123,500)			131,927
Priests Training fund		8,428		(7,500)			928
Prison Chaplaincy		48,491	56,350	(43,041)			61,800
World Communications	Day		102,908	(242,545)	144,780		5,143
Safeguarding Reserve			18,570	(140,394)	121,825		1
National Catholic
Safeguarding Commission		24,545	64,050	(7,058)	(19,561)		61,976
Catholic Education Service		2,521,807	1,026,275	(916,204)		337,669	2,969,547
Lisbon fund		319,621		(11,030)			308,591
Faith in the Future		308,307	33,050	(38,434)	(211,770)		91,153
Home Mission		452,447	100,203	(108,441)			444,209
National Office for Vocation			22,050	(57,490)	35,440
Internships		8,131		(34,042)	75,824		49,913
Safeguarding as Ministry		2,205					2,205
General Secretary's Risk
management fund		14,158		(5,054)			9,104
Ecumenicallnstruments				(88,000)	88,000
Holy Land Coordination		13,518					13,518
Santa Marta Group		108,953	2,000	(98,662)			12,291
Protecting Catholic Heritage		73,413	30,000	(42,989)			60,424
Catholic Council for the
Independent Inquiry into
Child Sexual Abuse (CCIICSA)		(41,512)	32,193	(10,242)	19,561
Safe Spaces		137,300		(99,971)			37,329
Catholic Students Trust		88,547			(44,274)		44,273
Catholic Enquiry Office		282,563	3,975	(92,523)			194,015
Racial Justice Sunday		253,151	36,019	(50,000)			239,170
Celebrating Family Fund		47,054		(689)			46,365
Catholic Fund for Chaplains
in Higher Education		350,211					350,211
Historic England grants		26,783	3,492,018	(3,470,883)			47,918
National Inspection
framework			50,000	(47,805)			2,195
Other restricted funds		10,451					10,451
Subsidiary restricted funds		(4,022)	99,734	(37,413)	(8,295)		50,004
		5,315,937	5,270,392	(5,773,910)	201,530	337,669	5,351,618

ALLOCATI	ON O	F NET	ASSETS
								Total
Group				Fixed		Current	Current	31December
				Assets	Investments	Assets	Liabilities	2021
				E	E	E	E	E
Restricted	Funds				4,022,012	4,452,353	(3,122,747)	5,351,618
Designated	Funds			11,608,751	30,307,998	159,874	(45,678)	42,030,945
Non Charitable		trading	funds	28,575	1,809,442	8,123,392	(5,807,068)	4,154,341
General Funds					4,104,109	437,871	(1,081,043)	3,460,928
Total Net	Assets			11,637,326	40,243,594	13,173,462	(10,056,550)	54,997,832

Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	2021	2020
				E	E
TURNOVER				14,117	33,552
Cost ofsales					(53,450)
GROSS PROFIT				14,117	(19,898)
Administrative	expenses			(80)	(3,109)
				14,037	(23,007)
Amount gifted	to	the Charity			(20,573)
PROFIT AFTER TAXATION				14,037	(43,580)
Reserves brought		forward		(12,924)	30,656
RESERVES CARRIED FORWARD				1,113	(12,924)
				2021	2020
				E	E
Balance Sheet
CURRENT ASSETS
Debtors				14,443	16,007
Cash at bank and		in hand		21,171	5,570
				35,613	21,577
CREDITORS: Amounts			falling due within one year	(9,501)	(9,501)
NET CURRENT	ASSETS			26,113	12,076
NET ASSETS				26,113	12,076
Share capital				25,000	25,000
Reserves				1113	(12,924)
SHAREHOLDERS'		FUNDS		26,113	12,076

Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	Consolidated Profit and Loss Account	2021	2020
				E	E
TURNOVER
Cost ofsales
GROSS PROFIT
Administrative	expenses			(1,110)	(3,037)
				(1,110)	(3,037)
Amount gifted	to	the Charity
LOSSAFTER TAXATION				(1,110)	(3,037)
Reserves brought		forward		(6,115)	(3,078)
RESERVES CARRIED FORWARD				(7,225)	(6,115)
				2021	2020
				E	E
Balance Sheet
CURRENT ASSETS
Debtors				1,826	1,826
Cash at bank and		in hand		43,420	43,481
				45,246	45,306
CREDITORS: Amounts			falling due within one year	(52,471)	(51,421)
NET CURRENT	ASSETS/(LIABILITIES)			(7,225)	(6,115)
NET ASSETS/(	LIABILITIES)			(7,225)	(6,115)
Share capital				1	1
Reserves				(7,226)	(6,116)
SHAREHOLDERS'		FUNDS		(7,225)	(6,115)

Catholic Insurance	Service Limited	Service Limited
Profit and Loss Account			2021	2020
			E	E
TURNOVER			988,920	928,690
EXPENDITURE			(895,757)	(928,690)
PROFIT/(LOSS) AFTER TAXATION			93,163
RESERVES BROUGHT FORWARD			3,261,105	3,261,105
RESERVESCARRIED FORWARD			3,354,268	3,261,105
			2021	2020
			6	E
Balance Sheet
TANGIBLE FIXEDASSETS			28,575	44,475
Investments			1,809,442
			1,838,017	44,475
CURRENT ASSETS
Debtors			4,722,634	4,443,294
Cash at bank and	in hand		2,670,481	3,618,302
			7,393,115	8,061,596
CREDITORS: Amounts		falling due within one year	(5,876,864)	(4,844,966)
NET CURRENT ASSETS			1,516,251	3,261,105
NET ASSETS			3,354,268	3,261,105
Share capital			10	10
Reserves			3,354,248	3,261,095
SHAREHOLDERS'	FUNDS		3,354,268	3,261,105

Summary Income and Expenditure	Account		2021	2020
INCOME			1,912,864	4,170,998
EXPENDITURE			(2,088,500)	(1,976,679)
SURPLUS/(DEFICIT)			(175,636)	2,194,319
RESERVES BROUGHT FORWARD/TRANSFERRED		INTO THE TRUST	3,607,810	1,413,491
RESERVESCARRIED FORWARD			3,432,174	3,607,810
			2021	2020
			E	F.
Balance Sheet
TANGIBLE FIXEDASSETS			3,496,713	3,752,640
CURRENT ASSETS
Stock			58,214	60,988
Debtors			173,362	145,329
Cash at bank and in hand			356,326	253,806
			587,902	460,123
CREDITORS: Amounts falling due	within one year		(652,441)	(604,953)
NET CURRENT LIABILITIES			(64,539)	(144,830)
NET ASSETS			3,432,174	3,607,810
Restricted funds			50,004	(4,022)
General funds			(68,864)	(88,371)
Designated funds			3,451,034	3,700,203
RESERVES			3,432,174	3,607,810

ProSt and Loss Account	ProSt and Loss Account			9months to
				31Dec 2021
				E
TURNOVER				448,572
EXPENDITURE				(494,990)
PROFIT/(LOSS) AFTER TAXATION				(46,418)
RESERVES BROUGHT FORWARD/TRANSFERRED			INTO THE TRUST
RESERVES CARRIED FORWARD				(46,418)
				31Dec 2021
				E
Balance Sheet
TANGIBLE FIXED	ASSETS
CURRENT ASSETS
Debtors				190,421
Cash at bank and	in hand			458,996
				649,417
CREDITORS: Amounts		falling due within one	year	(605,835)
NET CURRENT ASSETS				43,582
NET ASSETS				43,582
Share capital				90,000
Reserves				(46,418)
SHAREHOLDERS'	FUNDS			43,582

DONATIONS	AND LEGACIES
		Unrestricted	Restricted
		Funds	Funds	Total
		2020	2020	2020
		E	E	E
Donations		3,159,212	1,066,323	4,225 535
Legacies		128,678		128,678
Grants receivable			3,224,900	3,224,900
		3,287,890	4,291,223	7,579,113
DIOCESAN ASSESSMENTS
		Unrestricted	Restricted
		Funds	Funds	Total
		2020	2020	2020
		E,	E	E
Arundel and	Brighton	89,298	42,458	131,756
Birmingham		161,881	100,520	262,401
Brentwaad		77,978	45,387	123,365
Cardiff		29,307	21,754	51,061
Cliftan		57,130	27,316	84,446
East Anglia		39,212	13,401	52,613
Hallam		28,891	19,514	48,405
Hexham and	Newcastle	95,006	60,118	155,124
Lancaster		59,862	29,946	89,808
Leeds		66,056	37,976	104,032
Liverpool		206,914	100,049	306,963
Menevia		2,415	5,478	7,893
Middlesbrough		39,172	21,218	60,390
Northampton		50,625	24,230	74,855
Nottingham		74,759	36,472	111,231
Plymouth		76,736	15,279	92,015
Portsmouth		84,763	37,376	122,139
Salford		102,181	86,778	188,959
Shrewsbury		67,519	47,443	114,962
Southwark		152,568	82,181	234,749
Westminster		309,430	115,332	424,762
Wrexha m		5,645	4,812	10,457
Contribution	from Bishopric ofthe Forces	5,000		5,000
Contribution	fram Syro Malabar
		1,882,348	975,038	2,857,386

				Unrestricted	Restricted
				Funds	Funds	Total
				2020	2020	2020
				E	E	f
Conferencing		income		3,794	226	4,020
Subsidiary	charitable		activities	781,128	71,930	853,058
				784,922	72,156	857,078

			Unrestricted	Restricted
			Funds	Funds	Total
			2020	2020	2020
			E	E	E
Arising on quoted	investments:
Dividends			459,807	7,088	466,895
Fixed Interest			77,864	43,138	121,002
			537,671	50,226	587,897
Rental income			39,316		39,316
Rental income from investment		properties	3,042	273	3,315
Bank interest
			580,029	50,499	630,528

Unrestricted	Restricted
Funds	Funds	Total
2020	2020	2020
	E	E
160,145	331,183	491,328
160,145	331,183	491,328

	Charitable	Raising	Total
	Activities	Funcls	2020
	E	6	E
Staff costs	562,595	4,304	566,899
Premises costs	378,030	8,138	386,168
Other costs	287,617	2,387	290,004
	1,228,242	14,829	1,243,071

					Unrestricted	Restricted
					Funds	Funds	Total
					2020	2020	2020
					E	E	E
National Board of Catholic Women
National Council Lay		Association			7,000		7,000
Caritas Social Action		Network			90,000		90,000
Lisbonian Society					4,500		4,500
CARI						50,000	50,000
Walsingham Trust					300,000		300,000
Parliamentary Interns						32,365	32,365
Doyfor life
Anscombe Bioethics		Centre				100,000	100,000
Other grants awarded						242,031	242,031
Celebrating Family Fund grants
Diocese of Northampton
Priests' Training and		Formation		grants
Ordinariate of Our Lady of Walsingham						10,000	10,000
Syro Malabar						10,000	10,000
Diocese of Northampton						20,000	20,000
Diocese of East Anglia						25,000	25,000
Diocese of Cardiff						20,000	20,000
Diocese of Hexham	and Newcastle					20,000	20,000
Diocese ofLancaster						20,000	20,000
Diocese ofLeeds						25,000	25,000
Diocese of Menevia
Diocese of Plymouth						20,000	20,000
Diocese of Portsmouth						32,500	32,500
Diocese ofWrexham						10,000	10,000
Historic England Grants						2,998,117	2,998,117
Churches Legislation		Advisory	Service		20,700		20,700
CCEE					11,836		11,836
COMECE					14,500		14,500
					448,536	3,635,013	4,083,549

RESTRICTED FUNDS		Balance at				Movement	Balance at
		1January				On	31December
Group &Charity		2020	Income	Expenditure	Transfers	investments	2020
		f	E	E	E	E	E
Catholic Youth Reserve		6,784					6,784
Diocesan Reserve		100,173					100,173
Day for Life		444,417	53,904	(343,891)			154,430
Priests Training fund		20,928	200,000	(212,500)			8,428
Prison Chaplaincy		33,813	36,000	(21,322)			48,491
World Communications	Day		69,643	(308,176)	238,533
Safeguarding Reserve		3,364	66,601	(347,962)	277,999
National Catholic
Safeguarding Commission		17,417	64,050	(56,922)			24,545
Catholic Education Service		2,495,105	1,117,130	(1,041,096)		(49,334)	2,521,805
Lisbon fund		321,721		(2,100)			319,621
Faith in the Future		443,667	67,770	(41,412)	(161,718)		308,307
Home Mission		763,127	84,596	(156,743)	(238,533)		452,447
National Office for Vocation			13,068	(72,231)	59,163
Internships			10,500	(62,619)	60,250		8,131
Safeguarding as Ministry		2,205					2,205
General Secretary's Risk
management fund		139,102		(124,944)			14,158
Ecumenical Instruments				(93,500)	93,500
St Faustina Fund		16,938		(16,938)
Holy Land Coordination		21,420	5,734	(13,636)			13,518
Santa Marta Group		131,685		(22,732)			108,953
Protecting Catholic Heritage		79,855	30,000	(36,442)			73,413
Catholic Council for the
Independent Inquiry into
Child Sexual Abuse (CCIICSA)		(161,357)	446,910	(358,847)	31,782		(41,512)
Safe Spaces			137,300				137,300
Catholic Students Trust		88,547					88,547
Catholic Enquiry Office		332,641	10		(50,088)		282,563
Racial Justice Sunday		255,312	70,269	(72,430)			253,151
Celebrating Family Fund		51,562		(4,508)			47,054
Environment Advisory
Group				(42,305)	42,305
Legal Adviser		34,932		(3,150)	(31,782)
The God who Speaks		21,803		(22,463)	660
Catholic Fund for Chaplains
in Higher Education		350,211					350,211
Historic England grants			3,024,900	(2,998,117)			26,783
Mater Ecclesiae			9,913	(60,000)	50,087
Other restricted funds		2,484	7,967				10,451
Subsidiary restricted funds		6,218	203,834	(214,074)			(4,022)
		6,024,074	5,720,099	(6,751,060)	372,158	(49,334)	5,315,937

DESIGNATED FUNDS	DESIGNATED FUNDS					Balance at	Balance at				Balance at
						1January		Income/	Transfers/ 31		December
Group IECharity						2020		Gains	Expenditure		2020
						f		E		E	E
Tangible fixed assets		fund				4,044,997		2,908,450		(91,154)	6,862,293
Programme related	investment				fund	1,172,416				(12,000)	1,160,416
Education fund						383,674					383,674
Strategic Investment		fund				28,813,908					28,813,908
Subsidiary designated			funds			1,500,504		2,528,048		(328,349)	3,700,203
						35,915,499		5,436,498		(431,503)	40,920,494
ALLOCATION	OF		NET ASSETS
											Total
Group						Fixed			Current	Current	31December
						Assets	Investments		Assets	Liabilities	2020
						E		E	E	E	E
Restricted Funds							3,716,757		4,867,109	(3,267,929)	5,315,937
Designated Funds						10,614,933	29,949,324		436,678	(80,441)	40,920,494
Non Charitable		trading		funds		44,484			8,103,478	(4,701,586)	3,446,376
General Funds							1,910,305		1,110,732	(1,067,068)	1,953,969
Total Net Assets						10,659,417	35,576,386		14,517,997	(9,117,024)	51,636,776