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|||~<br>'<br>~ '<br>~<br>~<br>~|||
|---|---|---|---|---|
|Lebanon||Rebuilding ofStGeorge's Cathedral<br>Beirut, after the bomb||blast|
|Mozambique||Rebuilding ofthe Santa Madalena<br>Chapel, in Netia|||
|Ban<br>dash||Construction<br>ofChurch at Cholbol Sub-Center<br>Narikelbari||Parish|
|Brazil||Building ofthe Diocesan Curia in Coari|||
|I|||||
|Ethiopia||Formation<br>for priests and religious in the Vicariate of Nekemte|||
|Haiti||Building the Junior Seminary ofSaint Theresa ofthe Christ||Child|
|Vietnam||Formation of28junior seminarians<br>at the Seminaire|Propedeutique||
|Cameroon||Ordinary<br>Masses for 105priests in the diocese ofKumbo|||
|Philippines||2,340 Ordinary<br>Masses and 78Novenas for Priests in Borangan Diocese|||
|Ukraine<br>'Ql'-~::|3,200 Ordinary<br>Masses for 12priests in the Diocese <br> ti'(8!:I!! I~||ofKyiv-Zhytomyr||
|Belarus||A host-making<br>machine for the Holy Family Sisters|in Navahrudka||
|DRCongo||Expansion ofthe Convent ofthe Angelic Sisters of|St Paul in Murhesa||
|Indonesia||Livin<br>costs for 25 Sisters ofADM inYo|COVID|hei|
||~|i<br>~ ~<br>~<br>J<br>~|||
|Solomon||Vehicle for Burns Pastoral Centre|||
|Islands|||||
|Papua New||Vehicle for the Auxiliary<br>Bishop ofWabag|||
|Guinea|||||
|Mauritania||Vehicle for the Vicar General ofNouakchott|||
|Egypt||Youth formation<br>programme<br>-2021|||
|Toga||Tmining for families in the diocese ofSokode.|||
|Algeria||Language<br>and Culture training<br>for 8priests at 'Les Gylcines'||College|
|India||Corona emergency<br>help for Trivandrum<br>Archdiocese|||
|S ria||Hel<br>for 650 families in the Damascus<br>area to<br>a<br>their rent|||
|U anda||Hel<br>to<br>urchase medical<br>ui ment for Kisubi Hos|ital||
||~|~<br>'<br>'<br>'<br>~<br>' ~ ~<br>&<br>~|||
|Lebanon||Studio equipment<br>for SAT 7 studio in Lebanon|||
|Argentina||Distribution<br>ofCatholic programmes<br>across Latin America (SIPCATV)|||
|Mali||Printing of5,087copies ofthe whole Bible in the 'Bambara'||language|





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## 

|Fo|rth|e year|ended 31 Dec|ember 2021|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|Funds<br>f|Funds<br>f|2021<br>f|2020f|
|Income and Expenditure|||||||
|Income|||||||
|Donations<br>and Grants||2|5,806,602|2,219,781|8,026,383|7,856,601|
|Legacies received||3|1,006,821||1,006,821|766,787|
|Legacies receivable|||802,131||802,131|2,310,931|
|Other trading<br>activities|||411,482||411,482|369,782|
|Total Income|||8,027,036|2,219,781|10,246,817|11,304,101|
|Expenditure|||||||
|Expenditure<br>on raising funds|||||||
|Raising funds|||843,515||843,515|866,875|
|ACN Trading<br>Ltd costs||8|292,546||292,546|285,925|
|Charitable<br>activities|||||||
|Grants programme||12|7,160,446|2,437,623|9,598,069|7,328,686|
|Education<br>and communication|||639,913||639,913|746,676|
|Support services|||643,257||643,257|558,144|
|Total Expenditure||5|9,579,677|2,437,623|12,017,300|9,766,306|
|Net Income I(Expenditure)|||(1,552,641)|(217,842)|(1,770,483)|1,537,795|
|Other recognised<br>gains/(losses)|||||||
|Net gains/(losses)<br>on investments|||7,503||7,503|2,292|
|Net Movement<br>in Funds|||(1,545,138)|(217,842)|(1,762,980)|1,540,087|
|Fund balances<br>bfwd at 1 January|||4,445,402|357367|4.80<br>69|3262 682|
|7<br>d51<br>6 0 1310|6|13|2000264|139525|3039789|4802 769|





## 

||||||Group||Charity||
|---|---|---|---|---|---|---|---|---|
|||||Notes|2021|2020<br>6|2021<br>6|2020f|
|Fixed Assets|||||||||
|Tangible<br>Fixed|Assets|||7|1,050,816|1,058,733|1,050,816|1,058,733|
|Investments||||8|30,896|23,394|30,996|23,494|
||||||1,081,713|1,082,127|1,081,813|1,082,227|
|Current Assets|||||||||
|Stock and work|in|progress|||67,164|72,477|||
|Debtors||||9|1,754,387|3,467,908|1,884,975|3,710,081|
|Cash at bank and||in|hand||338,856|378,966|196,389|152,207|
||||||2,160,408|3,919,351|2,081,364|3,862,288|
|Creditors: Amounts|||falling|due|||||
|within one year||||10|202,331|198,709|133,433|151,772|
|Net Current Assets|||||1,958,077|3,720,642|1,947,931|3,710,516|
|Net Assets||||13|3,039,789|4,902,769|3,029,744|4792,743,|
|Funds|||||||||
|Unrestricted|||||2,900,264|4,445,402|2,890,219|4,435,376|
|Restricted|||||139,525|357,367|139,525|357,367|
||||||3,039,789|4,802,769.46|3,029,744|4,792,743|





## 

||||2021|2020|
|---|---|---|---|---|
||||6|6|
|Cash flow from operating<br>activities|||||
|Net cash provided<br>by operating|activities||(3,246)|268,319|
|Cash flows from investing<br>activities|||||
|Investment<br>income and interest|received||403|857|
|Proceeds from disposal offixed|asset investments|||0|
|Payments<br>to acquire tangible<br>fixed assets|||~37,266|~55653|
||||(40,110)|213,517|
|Net increase/decrease<br>in cash|and cash equivalents||(40,110)|213,517|
|Opening cash balance at the beginning||ofthe year|378,966|165,449|
|Closing cash balance at the end|ofthe year||333 33r|378,966|



|Reconciliation<br>ofnet income|Reconciliation<br>ofnet income||||
|---|---|---|---|---|
|to net cash flow from operating||activities|||
||||2021f|2020<br>6|
|Net Movement<br>in Funds|||(1,762,980)|1,540,087|
|Adjustments<br>for:|||||
|Depreciation|||45, 183|42,693|
|Net (gains) /losses on investments|||(7,503)|(2,292)|
|Investment<br>income|||(403)|(857)|
|Decrease<br>/ (Increase)|in stock||5,313|19,535|
|(Increase)/decrease|in debtors||1,713,521|(1,290,053)|
|Increase/ (decrease)|in creditors||3,622|(40,796)|
||||~3,246|268,319|





## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

||||||||||
|---|---|---|---|---|---|---|---|---|
|Donations<br>a|nd|Grants||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|2021|
||||||||E|E|
|Direct Marketing||||||1,566,988|730,013|2,297,001|
|Web||||||694,744|235,904|930,648|
|Major Donors||||||337,349|96,500|433,849|
|Community<br>Outreach||||||128,845|64,635|193,480|
|Scotland||||||112,482|12,255|124,737|
|Other||||||347,640|112,530|460,170|
|Regular Giving||||||1,078,782|1,560|1,080,342|
|Gift Aid||||||971,975||971,975|
|Masses|||||||887,729|887,729|
|Trust Income||||||237,412|78,655|316,067|
|Gifts of Faith||||||315,200||315,200|
|Red Wednesday||and Events||||10,014||10,014|
|Furlough<br>Grant||||||5,171||5,171|
|||||||5,806,602|2219,781|8,026,383|
|||||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|2020|
|||||||E||E|
|Direct Marketing||||||1,847,518|614,261|2,461,779|
|Web||||||723,382|353,406|1,076,788|
|Major Donors||||||237,110|35,138|272,248|
|Community<br>Outreach||||||237,458|45,658|283,116|
|Scotland||||||42,134|24,061|66,195|
|Other||||||274,021|28,398|302,419|
|Regular Giving||||||998,291|12,647|1,010,938|
|Gift Aid||||||983,562||983,562|
|Masses|||||||730,221|730,221|
|Trust Income||||||175,569|79,267|254,836|
|Gifts of Faith||||||333,988||333,988|
|Red Wednesday||and Events||||1,225||1,225|
|Furlough<br>Grant||||||79,286||79,286|
|||||||5933544|1,923,057|7,856,601|
|Legacies Received and||||Receivable||Unrestricted|Restricted|Total|
|||||||Funds|Funds|2021|
|||||||E|E||
|Legacies Received||||||1,006,821||1,006,821|
|Legacies Receivable||||See note 9||802 'I31||802,13'f|
|||||||1,808,982||1,808,962|
|||||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|2020|
|||||||E|E|E|
|Legacies Received||||||766,787||766,787|
|Legacies Receivable|||See note 9|||2310931||2310931|
|||||||3,077,718||3,077,718|
|Activities for|Generating|||Funds|||||
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2021|2020|
|||||||E|r.||
|Merchandising|income||See note 8||382,079||382,079|339,925|
|Bank Interest|||||403||403|857|
|Rent receivable|||||29000||29000|29000|
||||||411,482||411,482|369,782|



## 

## 



## 

## 

||||Staff|||Other|Depreciation|Depreciation|Total|
|---|---|---|---|---|---|---|---|---|---|
||Notes||Costs<br>f|||f|||2021f|
|Grants programme|12|||||9,598,069|||9,598,069|
|Education<br>and Communication|||349,086|||290,827|||639,913|
|Support services|||222,699|||375,375||45,183|643,257|
|Cost of raising funds|||738,644|||104,871|||843,515|
|ACN Trading<br>Ltd costs|8|||||292,546|||292,546|
||||1,310429|||10661687||45 183|12017300|
||||Staff|||Other|Depreciation||Total|
||Notes||Costs<br>f|||f.|||2020f|
|Grants programme|12|||||7,328,686|||7,328,686|
|Education<br>and Communication|||450,341|||296,335|||746,676|
|Support services|||224,429|||291,022||42,693|558,144|
|Cost of raising funds|||745,729|||121,146|||866,875|
|Fundraising<br>trading||||||265,925|||265925|
||||1420499|||8303114||42 693|9766306|
|||||||Group|||Group|
|||||||2021f|||2020f|
|Expenditure<br>off34,512|shown|as governance|||costs in previous||years|(2020:f39,840)||
|is induded<br>in Support services||and|detailed|below:||||||
|Share ofSalaries||||||7,657|||7,764|
|Statutory<br>Audit - Charity||||||18,275|||18,000|
|Statutory<br>Audit - ACN Trading||Ltd||||3,150|||2,800|
|Legal and professional||||||5,430|||10,882|
|Board meetings|||||||||394|
|||||||34,512|||39840|
|Support Services includes||||||||||
|||||||Group|||Group|
|||||||2021f|||2020f|
|Staff Costs||||||222,699|||224,429|
|Office Rent and Rates||||||39,147|||28,454|
|Insurance||||||8,937|||6,866|
|Cleaning||||||10,375|||8,970|
|Office Repairs and Maintenance||||||32,390|||25,965|
|IT support||||||74,881|||48,001|
|Other Office costs||||||39,675|||49,546|
|Phone||||||14,072|||10,266|
|Bank Charges||||||53,187|||41,411|
|Audit and Accountancy||||||23,230|||18,000|
|Legal and Consultancy||||||12,924|||53,543|
|Recruitment||||||66,556||||
|Depreciation||||||45,183|||42,693|
|||||||843,355|||558,144|





## 

## 

|StaffCosts|||
|---|---|---|
||Group and|Charity|
||2021|2020|
|StaffCosts consist of:||E|
|Salaries|1126481|1,226,619|
|Social security costs|113651|116,955|
|Pension Costs|55849|64,738|
|Health<br>insurance|14448|12 187|
||2 0429|1<br>20.499|



## 

|Tangible F|ixed Assets||||||
|---|---|---|---|---|---|---|
|Group and|Charity|Freehold|Oflice|Computer|Total||
|||Property|Fixtures and|Equipment|||
||||Equipment||||
||||E||||
|Cost|||||||
|At 1 January|2021|1,152,750|65,716|50,677|1,269,|143|
|Additions||||37,266|37,266||
|Write-offs||||||0|
|At 31 December 2021||1,152,750|65,716|87,943|1,306,409||
|Depreciation|||||||
|At 1 January|2021|162,803|32,437|15,170|210,410||
|Charge for period||11,528|15,868|17,787|45,|183|
|Write-offs|||0|||0|
|At 31 December 2021||174,330|48,305|32,957|255,592||
|Net BookValue|||||||
|At 31 December 2021||978,420|17411|54989|10511917||
|At 31 December 2020||989,947|33.279|35507|1,058,733||





## 

## 

|Group||2021|2020||
|---|---|---|---|---|
|||K|K||
|Disposals|||||
|Market value|as at 1 January|23,394|21,102||
|Disposal||||0|
|Net Investment<br>gain/(loss)||7503|2|292|
|Market Value|at 31 December 2019|30,896|23,394||
|Investments|consist ofthe following shares:||||
|Thomson<br>Reuters Group||4,264|4,264||



## 

||2021|2020|
|---|---|---|
||K|S|
|Turnover<br>Cost ofSales|382,059<br>~262,730|339,925<br>~235,073|
|Gross Profit|119,329|104,852|
|Other operating<br>income<br>Administrative<br>expenses|21<br>~29,~16|84<br> ~30723|
|Net profit before taxation|89,534|74,213|
|Corporation<br>Tax|||
|Net (loss)/ profit after taxation|89,534|74,213|
|Transferred<br>to Aid to the Church|in Need (UK)||
|Service Charge|(73,158)|(71,028)|
|Loan Interest<br>Gift Aid donation|(1,357)<br>~75,000|(1,568)<br> ~7.500|
|Retained<br>in subsidiary|19|117|
|Aggregate<br>capital and reserves|10 146|10,127|





## 


|Debtors||||||
|---|---|---|---|---|---|
|||Group||||
|||2021f|2020f|2021f|2020f|
|Trade Debtors||55,720|15,471|33,797|11,850|
|Income Tax recoverable||177,563|200,719|177,563|200,719|
|Prepayments||21,564|15,609|20,525|13,890|
|Accrued Legacy||1,499,540|3,236,109|1,499,540|3,236,109|
|Loan to subsidiary|undertaking||||247,513<br>3TI tx vI|



|The table below|shows the relationship|between|Accrued|Legacy (debtor)|and<br>Legacy|Receivable (income)||
|---|---|---|---|---|---|---|---|
|||||Group||Charity||
||||2021f||2020<br>E|2021<br>f|2020|
|Accrued Legacy bfwd|||3,236,109||2,010,380|3,236,109|2,010,380|
|less: Cash received<br>Add: Legacy Receivable|||(2,538,699)<br>802 131||(1,085,202)|(2,538,699)<br>802,131|(1,085,202)<br>~2310931|
|Accrued Legacy cfwd||||||||
|Included<br>within|Group debtors are financial assets measured<br>at amortised||||cost ofE1,545,514(2020E3,251,581).|||
|Induded<br>within|Charity debtors are financial assets measured<br>at amortised||||cost off1,691,877(2020E3,495,472).|||
|Cmditora||||||||
|||||Group||Charity||
||||2021<br>E||2020<br>E|2021|2020f|
|Trade creditors||||83,307|68,916|40,290|47,988|
|Other creditors||||34,139|3,250|27,588|3,250|
|Other taxes and|social security costs|||59,885|59,989|40,555|42,357|
|Accruals|||||41,554||33,177|
|Loan from benefactor||||25000||||



## 

## 

|Within||1 year|
|---|---|---|
|Within||2 - 5years|
|Over|5|years|



|Lessor||
|---|---|
|Within|1 year|
|Within 2 - 5years||
|Over 5|years|






## 

|12 ReStriCted|12 ReStriCted|FundS: Group and Charity|Opening|Incoming|Resources|Closing|
|---|---|---|---|---|---|---|
||||Balance|Funds|Outgoing|Balance|
|Purpose of|Donation - 2021||E|E|E|E|
|Africa||||194,642|133,942|60,700|
|Asia||||255,606|255,606||
|Europe||||3,196|3,196||
|Latin America|||7,883|126,565|134,447||
|Middle East|||349,484|647,511|996,995||
|Mass Offerings||||913,427|834,602|78,825|
|Construction||||1,900|1,900||
|Education,<br>Media and Child Bibles||||14,183|14,183||
|Formation||||5,525|5,525||
|Refugees||||27,981|27,981||
|Seminarians||||21,375|21,375||
|Sisters||||7,543|7,543||
|Transport||||329|329||
||||357,367|2,219,781|2,437,623|139,525|
||||Opening|Incoming|Resources|Closing|
||||Balance|Funds|Outgoing|Balance|
|Purpose ofDonation - 2020|||E|E|E|E|
|Africa|||1,530|136,462|137,992||
|Asia|||31,613|203,876|235,489||
|Europe||||9,985|9,985||
|Latin America||||11,160|3,277|7,883|
|Middle East||||717,066|367,582|349,484|
|Mass Offerings||||769,025|769,025||
|Construction||||65|65||
|Education,<br>Media and Child Bibles||||6,410|6,410||
|Formation||||10,019|10,019||
|Refugees||||34,385|34,385||
|Seminarians||||22,172|22,172||
|Sisters||||2,182|2,182||
|Transport||||250|250||
||||33,143|1,923,057|1,598,833||
|13 Aid Granted:||Group and Charity|||||
|Grants made|during the period were distributed||as follows|2021||2020|
|ByRegion||||E||E|
|Africa||||3,518,550||2,654,804|
|Asia||||2,109,473||1,667,872|
|Eastern Europe||||1,220,787||1,383,507|
|Latin America||||918,788||1,241,206|
|Middle East||||1||381,297|
|Total Aid Payments||||598D69|||
|||||2021||2020|
|ByFunding||Type||E||E|
|Mass Stipends||||834,602||836,831|
|Catechetical|snd Formation|||629,414,||1,046,512|
|Construction||||3,275,385||2,009,341|
|Education,<br>Media and Child Bibles||||303,899||319,619|
|Humanitarian|Assistance|||1,742,958||555,917|
|Seminarians||||742,390||933,760|
|Sisters||||1,112,793||791,198|
|Transport<br>Total Aid Payments||||9566<br>Bt 69||835,508<br>7»|





## 

|Total Fu|nds<br>|||||
|---|---|---|---|---|---|
|||Unrestricted|Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|Funds|
|||2021f|2021f|2021f|2021f|
|Tangible|Fixed Assets||1,050,816||1,050,816|
|Investments||30,896|||30,896|
|Cash||199,331||139,525|338,856|
|Legacies|receivable|1,499,540|||1,499,540|
|Other net|current assets|(19,845)|||(19,845)|
|Free reserves|||1,849,448|||
||||290026,~ ~||2 II00204|
|Free reserves||||||
|excluding|legacies receivable||349|||
|||2020f|2020f|2020f|2020f|
|Tangible|Fixed Assets||1,058,733||1,058,733|
|Investments||23,394|||23,394|
|Cash||21,599||357,367|378,966|
|Legacies|receivable|3,236,109|||3,236,109|
|Other net|current assets|105,567|||105,567|
|Free reserves|||3,386,669|||
||||4,4 5,40|357.|9II2769|
|Free reserves||||||
|excluding|legacies receivable||50560|||



## 

##