# 



|Conteits|||
|---|---|---|
|TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS|1||
|LegaL and administrative information||1|
|Trustees’ Annual Report and Strategic Report|3||
|WeLcome||3|
|Introduction||5|
|Our Caritas Vision, Mission and Values||7|
|Our work and impact|8||
|Supporting children, young adults and families||8|
|Supporting the vulnerable, reaching out to isolated communities||11|
|CathoLic Social Teaching, advocacy and engagement||20|
|Fundraising and Communications||21|
|Thank you||22|
|FinanciaL Results for the year|23||
|Designated Funds and Reserves||23|
|Going Concern||24|
|Investment policy||24|
|Governance and management|25||
|Governance||25|
|Structure||25|
|Management||25|
|Public Benefit Statement||26|
|Related Parties||26|
|Pay Policy for Senior Staff||27|
|Safeguarding||27|
|Concern for the Environment||27|
|Living Wage||21|
|Fundraising ReguLation and Data Protection||27|
|Risk Management||28|
|Key Operational and Financial Risks||29|
|Financial Risk Management Objectives and PoLicies||29|
|Ethical Investment Policy||29|
|Statement of Trustees’ Responsibilities||30|
|The Trustees Appreciation||30|
|Provision of Information to Auditors||30|
|Auditors||31|





|Caritas Diocese of Salford|||
|---|---|---|
|Trustees’ Annual Report and Strategic Report for year ended J1 March 2021|||
|Approva[||31|
|Independent Auditor’s Report to the Members of Caritas Diocese of Satford|32||
|Opinion||32|
|CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES|36||
|CHARITY STATEMENT OF FINANCIAL ACTIVITIES|37||
|CONSOLIDATED BALANCE SHEET|38||
|CHARITY BALANCE SHEET|40||
|CONSOLIDATED CASH FLOW STATEMENT|42||
|ANALYSIS OF CASH AND CASH EQUIVALENTS|43||
|NOTES TO THE FINANCIAL STATEMENTS|44||





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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|||£|£|£|£|
|INCOME||||||
|Donations and Legacies|2|230,857|238,860|469,717|699,255|
|Other trading activities|3|600|17,730|18,330|40,048|
|Investment income|4|-|126,628|126,628|121,819|
|Charitable activities|5|1,141,395|1,217,974|2,359,369|2,503,037|
|TOTAL INCOME||1,372,852|1,601,192|2,974,044|3,364,159|
|EXPENDITURE||||||
|Raising funds|7|-|104,260|104,260|117,733|
|Charitable activities|6|1,370,184|1,545,467|2,915,651|3,359,418|
|TOTAL EXPENDITURE||1,370,184|1,649,727|3,019,911|3,477,151|
|Netgainsoninvestments|11|-|310,313|310,313|769,212|
|NET INCOME/(EXPENDITURE)||2,668|261,778|264,446|656,220|
|Transfers||49,191|(49,191)|||
|NET INCOME BEFORE OTHER||||||
|RECOGNISED GAINS / (LOSSES)||51,859|212,587|264,446|656,220|
|Actuarial gains/(losses) on defined||||||
|benefit pension schemes|18|-|50,000|50,000|(385,000)|
|NET MOVEMENT IN FUNDS||51,859|262,587|314,446|271,220|
|FUND BALANCES AT 1 APRIL 2020||460,552|7,033,681|7,494,233|7,223,013|
|FUND BALANCES AT 31 MARCH 2021|14|512,4jj.|7,296,268|7,808,679|L494,fl3|





|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|||£|£|£|£|
|INCOME||||||
|Donations and legacies|2|230,857|239,840|470,697|707,615|
|Other trading activities|3|600|4,615|5,215|12.253|
|Investment income|4|-|126,628|126,628|121.819|
|Charitable activities|5|1,141,395|1,217,974|2,359,369|2,503.037|
|TOTAL INCOME||1,372,852|1.589.057|2,961,909|3,344,744|
|EXPENDITURE||||||
|Raising funds|7|-|92,681|92,681|98,317|
|Charitable activities|6|1370,184|1,545,467|2,915j|3,359,418|
|TOTAL EXPENDITURE||1,370,184|1,638,148|3,008,332|3.457,735|
|Net gains on investments|11|-|310,313|310,313|769212|
|NET INCOME! (EXPENDITURE)||2,668|261,222|263,890|656,221|
|Transfers||49,191|(49,191)|||
|NET INCOME BEFORE OTHER RECOGNISED||||||
|GAINS / (LOSSES)||51,859|212,031|263,890|656,221|
|Actuarial gains/(losses) on defined benefit||||||
|pension schemes|18|-|50,000|5OtQQQ|(385,000)|
|NET MOVEMENT IN FUNDS||51,859|262,031|313,890|271,221|
|FUND BALANCES AT 1 APRIL 2020||460,552|7,017,062|7,477,614|7,206.393|
|FUND BALANCES AT 31 MARCH 2021|14|512.411.|7,279.093|L791,504|7.477]614|





||||2021|2020||
|---|---|---|---|---|---|
||Note|£|£|£|£|
|FIXED ASSETS||||||
|Tangible fixed assets|10|2,728,656||2808,820||
|Investments|11|5,541,381||5,226,748||
||||8,270,037||8,035,568|
|CURRENT ASSETS||||||
|Debtors|12|359,392||284,648||
|Stock||10,070||13,127||
|Cash at bank||914,435||1,035,080||
|||1,283,897||1,332,855||
|CREDITORS: amounts fatling due within one||||||
|year|13|(210,255)||(333,190)||
|CURRENT ASSETS LESS CURRENT||||||
|LIABILITIES|||1,073,642||999,665|
|Defined benefit pension liabiLity|18||(1,535,000)||(1,541,000)|
|NET ASSETS|||7808,679||7,494,233|
|CONSOLIDATED FUNDS||||||
|Restricted Funds|14||512,411||460,552|
|Unrestricted<br>- Designated Funds|14||6,159,776||5,998,448|
|Unrestricted- GeneraL Funds|14||1,136,492||1,035,233|
||||7.808,679||7.494.233|





|||||2021|2020||
|---|---|---|---|---|---|---|
|||Note|£|£|C|£|
|FIXED ASSETS|||||||
|Tangible fixed assets||10|2,728,656||2,808,820||
|Investments||11|5,541,382||5,226,749||
|||||8,270,038||8,035,569|
|CURRENT ASSETS|||||||
|Debtors||12|358,436||284,151||
|Stock||||9,572|12,629||
|Cash at bank|||911,364||1,032,009||
||||1,279,372||1,328,789||
|CREDITORS:|amounts fatting due within one||||||
|year||13|(222,906)||(345,744)||
|CURRENT ASSETS LESS CURRENT|||||||
|LIABILITIES||||1,056,466||983,045|
|Defined benefit pension liability||18||(1,535,000)||(1,541,000)|
|NETASSETS||||7,791.504||7,477,614|
|CHARITY FUNDS|||||||
|Restricted Funds||14||512,411||460,552|
|Unrestricted|- Designated Funds|14||6,159,776||5,998,448|
|Unrestricted|- GeneraL Funds|14||1,119,317||1,018,614|
|||||7,791.504||7.477.614|





||2021|2020|
|---|---|---|
||£|£|
|Cash flows from operating activities|||
|Net cash provided by operating activities|(120,645)|(199577)|
|Cash flows from investing activities|||
|Purchase of property plant and equipment||(27462)|
|Net cash provided by investing activities||(27,462)|
|Change in cash and cash equivalent in the reporting period|(120,645)|(227,039)|
|Cash and cash equivalent at beginning of the period|1,035,080|1,262,119|
|Cash and cash equivatent at end of the period|214,435|1,035,080|
|NET CASH FLOW FROM OPERATING ACTIVITIES|||
||2021|2020|
||£|£|
|Net income|264,446|656,220|
|Unrealised gain on investments|(310,313)|(769,212)|
|Depreciation of tangibLe fixed assets|80,167|79,718|
|Increase in debtors|(74,744)|(55,873)|
|Decrease in creditors|(122,935)|(151,721)|
|Decrease in stock|3,057|3,291|
|Defined benefit pension scheme cost less contributions payable|(19,323)|11,000|
|Defined benefit pension scheme finance cost|59,000|27,000|
|NET CASH OUTFLOW FROM OPERATING ACTIVITIES|1120,645)|(1995771|





## 

|ANALYSIS OF CASH AND CASH EQUIVALENTS||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||£|£|
|Cash in hand||||914,435|1.035,080|
|RECONCILIATION OF NET DEBT|At|1|April|Cash flow|At 31|
||||2020||March|
||||||2021|
|||||£|£|
||||£|||
|Cash at hand and in bank|1,035,080|||{jjQ645j|914.435|





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|Motor vehicles|-|20%|straight Line|
|---|---|---|---|
|Equipment and tenants|-|20%|straight Line|
|improvements||||
|Freehold buildings|-|2%|straight Line|



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||Restricted|Unrestricted|Total|
|---|---|---|---|
|Group|Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Donations|197,172|98,254|295,426|
|Legacies|-|50,000|50,000|
|Appeals and collections||||
|Caritas Sunday and AnnuaL Appea|12,905|28,623|41,528|
|Lent Appeal|-|20,393|20,393|
|St Joseph’s Penny Collection|-|13,638|13,638|
|Night Provision|-|5,616|5,616|
|Other events|20,780|22,336|43.116|
||230,857|238.860|469jj7|
||Restricted|Unrestricted|Total|
|Charity|Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Donations|197,172|98,254|295,426|
|Legacies|-|50,000|50,000|
|Gift aid from trading subsidiary|-|980|980|
|Appeals and collections||||
|Caritas Sunday and AnnuaL Appe&|12,905|28,623|41,528|
|Lent AppeaL|-|20,393|20,393|
|St Joseph’s Penny Collection|-|13,638|13,638|
|Night Provision|-|5,616|5,616|
|Other events|20,780|22,336|43,116|
||230.857|239.840|470,697|





## 

## 

||Restricted|Unrestricted|Total|
|---|---|---|---|
|Group|Funds|Funds|Funds|
||2070|2020|2020|
||£|£|£|
|Donations|401,558|50,274|451,832|
|Legacies|-|77,462|77,462|
|Appeals and collections||||
|Caritas Sunday and Annual Appeal||28,961|28,961|
|St Joseph’s Penny Collection|-|71,927|71,927|
|Night Provision|56,536|-|56,536|
|Other events|7,695|4,842|12,537|
||465,789|233.466|699.255|
||Restricted|Unrestricted|Total|
|Charity|Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Donations|401,558|50.274|451,832|
|Legacies|-|77.462|77,462|
|Gift aid from trading subsidiary|-|8,380|8,380|
|Appeals and collections||||
|Caritas Sunday and Annual Appeal|-|28,961|28961|
|St Joseph’s Penny Collection|-|71,927|71,927|
|Night Provision|56,536||56,536|
|Other events||4,842|12537|
||465,789|ZkLM6|707.635|





## 

|3.|OTHER TRADING ACTIVITIES|Restricted|unrestricted|Total||
|---|---|---|---|---|---|
|||Funds|Funds|Funds||
|Group||2021|2021||2021|
|||£|£||£|
|Trading|activities|||||
||booksates|600|4,615||5,215|
|-|charityshops|-|13,115||13,115|
|||600|17,730||18,330|
||OTHER TRADING ACTIVITIES|Restricted|Unrestricted|Total||
|||Funds|Funds|Funds||
|Charity||2021|2021|2021||
|||£|£|£||
|Trading|activities|||||
|-|book sales|600|4,615||5,215|
|||600|4,615||5,215|



## 



|||CARITAS DIOCESE OF SALFORD|CARITAS DIOCESE OF SALFORD|||
|---|---|---|---|---|---|
||OTHER TRADING|ACTIVITIES|Restricted|Unrestricted|Totai|
||||Funds|Funds|Funds|
|Group|||2020|2020|2020|
||||£|£|£|
|Trading|activities|||||
|-|book sates|||12,253|12,253|
|-|charity shops|||27,795|27,795|
||||-|40,048|40,048|
||OTHER TRADING|ACTIVITIES|Restricted|Unrestricted|Total|
||||Funds|Funds|Funds|
|Charity|||2020|2020|2020|
||||C|£|£|
|Trading|activities|||||
||book saLes||-|12,253|12,253|
||||-|12,253|12,253|





## 

|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|4.|INVESTMENT INCOME|Funds|Funds|Funds|
||Group and Charity|2021|2021|2021|
|||£|£|£|
||Dividend income||41,327|41,327|
||Bank interest||1,069|1,069|
||Rents receivable from investment||||
||properties||84,232|84,232|
|||-|1 26,628|1 26,628|
|||Restricted|Unrestricted|Total|
|4.|INVESTMENT INCOME|Funds|Funds|Funds|
||Group and Charity|2020|2020|2020|
|||£|£|£|
||Dividend income|.|45,473|45,473|
||Bank interest|-|2,536|2.536|
||Rents receivabLe from investment||||
||properties||73,810|73,810|
|||-|121,819|121,819|





||Grant|Contract|Other||Total|
|---|---|---|---|---|---|
||income|Income|income|Rent|funds|
|Group and Charity|2021|2021|2021|2021|2021|
||£|£|£|£|£|
|Social work|42,397|633,579|171,448|314,890|1,162,314|
|Community Services|1,116,946|-|-|80,109|1,197,055|
||1,159,343|633,579|171,448|394,999|2,359,369|



||Grant|Contract|Other||TotaL|
|---|---|---|---|---|---|
||income|Income|incqme|Rent|funds|
|Group and Charity|2020|2020|2020|2020|2020|
||£|£|£|£|£|
|Social work|780,849|55,040|482,027|313,233|1,631,149|
|Community Services|-|733,027|-|138,861|871,888|
||780,849|788,067|482,027|452,094|2,503,037|





## 

## 

||undertaken|Support||
|---|---|---|---|
||directly|costs|Totat|
|Group and Charity|2021|2021|2021|
||£|£|£|
|Charitable activities||||
|SociaL work|1,000,916|347,610|1,348,526|
|Community Services|1,164,961|395,356|1,560.317|
||2,165.877|742.966|2,915,651|





## 

||2021|
|---|---|
||£|
|Support costs||
|Salary costs|479,490|
|Training and recruitment|2,592|
|Travelling expenses|3,738|
|Repairs and maintenance|7,770|
|Office service charge|52,366|
|Insurance|15,371|
|Telephone|8,477|
|Household expenses|4,277|
|Printing, postage and stationery|5,183|
|IT support|10,835|
|ProfessionaL fees|31,406|
|Bank charges and interest|2,684|
|Books and subscriptions|8,976|
|Depreciation|62,676|
|Miscellaneous costs|13,848|
||709,689|
|Governance costs||
|Wages and salaries|50,676|
|Professional fees|17,748|
||778,113|





## 

||Activities|||
|---|---|---|---|
||undertaken|SLipport||
||directLy|costs|ToaI|
|Group and Charity|2020|2020|2020|
||£|£|£|
|Charitable activities||||
|SociaL work|1,409,140|375673|1,784,813|
|Comrnunfty Services|1,243,177|331.423|1,574,605|
||2,652317|707.101|3.359.418|





||2020|
|---|---|
||£|
|Support costs|451,539|
|SaLary costs|3,986|
|Training and recruitment|9,147|
|Travel(ing expenses|59,544|
|Repairs and maintenance|3,316|
|Office service charge|13,328|
|Insurance|10,272|
|Telephone|4,233|
|HousehoLd expenses|8,825|
|Printing, postage and stationery|11,359|
|IT support|6,410|
|Professional fees|2,616|
|Bank charges and interest|8,130|
|Books and subscriptions|56,676|
|Depreciation|894|
|Miscellaneous costs||
|Profit on disposal of fixed assets||
||650,275|
|Governance costs|60,162|
|Wages and salaries|17.358|
|Professional fees||
||727,795|






## 

## 

|||Direct|||
|---|---|---|---|---|
|||fundraising|Support|Total|
|||costs|costs|Funds|
|Group||2021|2021|2021|
|||£|£|£|
|Appeals and collections|||||
|Trading activities|- charity shops|11,579|-|11,579|
|Fundraising and communications||53,924|35,147|89,071|
|Expenditure on rental properties||3,610||3,610|
|||69.113||104.260|
|||Direct|||
|||fundraising|Support|Total|
|||costs|costs|Funds|
|Charity||2021|2021|2021|
|||£|£|£|
|Appeals and collections|||||
|Fundraising and communications||53,924|35,147|89,071|
|Expenditure on rentaL properties||3,610|-|3,610|
||||35,147|92.681|





## 

|||Direct|||
|---|---|---|---|---|
|||fundraising|Support|Total|
|||costs|costs|Funds|
|Group||2020|2020|2020|
|||£|£|£|
|Appeals and collections|||||
|Trading activities|- charity shops|19,416|-|19,416|
|Ftindraising and communications||65,304|17,410|82,714|
|Expenditure on rental properties||12,319|3,284|15,603|
|||9L039|20,694|117,733|
|||Direct|||
|||fundraising|Support|TotaL|
|||costs|costs|Funds|
|Charity||2020|2020|2020|
|||£|£|£|
|Appeals and collections|||||
|Fundraising and communications||65,304|17,410|82,714|
|Expenditure on rental properties||12.319|3,284||
|||77,j|20,694|98,317|





## 

|8.|NET INCOME|NET INCOME||||
|---|---|---|---|---|---|
||This is stated after charging:|||||
||||2021||2020|
||||£||£|
||Depreciation of tangible fixed assets:|||||
||- owned by the|charity|80,167||79718|
||Auditors remuneration|- audit fees|13,800||13,560|
||Auditors remuneration|- non-audit fees|3,948||3,798|
||Staff pension contributions||73,538||118,418|
||During the year, no Members of the CounciL received any remuneration, benefits or|||reimbursement of||
||expenses. (2020<br>- £NIL).|||||
|9.|STAFF COSTS, STAFF|NUMBERS AND THE COST OF KEY MANAGEMENT PERSONNEL||||
||||2021||2020|
|||||£|£|
||Staff costs were as follows:|||||
||Wages and salaries||1,973,195||2,216,733|
||SociaL security costs||151,523||172,724|
||Other pension costs||73,538||118,418|
||||||2.507,875|



||||2021|2020|
|---|---|---|---|---|
||||No|No|
|£60,001|-|£70,000|1||
|£70,001|-|£80,000|-|1|





## 

||2021|2020|
|---|---|---|
||No.|No.|
|Administrative staff|13|15|
|Management staff|20|21|
|Home and care workers|12||
||106|104|





## 

||Freehold land|Equipment|||
|---|---|---|---|---|
||and buildings||||
|||and tenants|Motor||
|||improvements|||
|Group|||Vehicles|Total|
||£|£|£|£|
|Cost|||||
|At 1 April 2020|3,105,713|141,847|14,000|3,261,560|
|Disposals|-|(58,674)|-|(58,674)|
|At 31 March 2021|3,105,713|83,173|14,000|3,202,886|
|Depreciation|||||
|At<br>1 April 2020|360,754|82,973|9,013|452,740|
|Charge for the year|62,111|15,253|2,800|80,164|
|Disposals|-|(58,674)|-|(58,674)|
|At 31 March 2021|422,865|39,552|11,813|474,230|
|Net book value|||||
|At 31 March 2021|2,682,848|43,621|2,187|2,728,656|
|At 31 March 2020|2,744,959|58,874|4,987|2,808,820|





||Freehold land|Equipment|||
|---|---|---|---|---|
||and buildings||||
|||and tenants|Motor||
|||improvements|||
|Charity|||vehicLes|Total|
||£|£|£|£|
|Cost|||||
|At 1 ApriL 2020|3,105,713|134,938|14,000|3,254,651|
|DisposaLs|-|(58,674)|-|(58,674)|
|At 31 March 2021|3,105,713|76,264|14,000|3,195,977|
|Depreciation|||||
|At 1 April 2020|360,754|76,064|9,013|445,831|
|Charge icr the year|62,111|15,253|2,800|80,164|
|Disposals|-|(58,674)|-|(58,674)|
|At 31 March 2021|422,865|32,643|11,813|467,321|
|Net book value|||||
|At 31 March 2021|2,682,848|43,621|2,187|2,728,656|
|At 31 March 2020|2,744,959|58,874|4,987|2,808,820|





## 

|FIXED ASSET INVESTMENTS<br>CARITAS|DIOCESE OF SALFORD|||
|---|---|---|---|
||Investment|||
||Property|Unlisted||
|Group||securities|Total|
||£|£|£|
|Market value||||
|At 1 April 2020|3,115,000|2,111,748|5,226,748|
|Additions|4,320|-|4,320|
|Revaluations|85,680|224,633|310,313|
|At 31 March 2021|3,205,000|2,336,381|5,541,381|





||Investment|||Investment in|Investment in||
|---|---|---|---|---|---|---|
|Charity|Property|Unlisted<br>securities||Subsidiary||Total|
||£||£|||£|
|Market value|||||||
|At<br>1 April 2020|3,115,000|2,111,748|||I|5,226,749|
|Additions|4,320||-||-|4,320|
|Revaluations|85,680|224,633||||310,313|
|At 31 March 2021|3,205,000|2,336,381|||1|5,541,382|
|Investments at market value comprise:|||||||
|||Charity||Group|Charity|Group|
|||2021||2021|2020|2020|
|||£||£|£|£|
|Investment property||3,205,000|3,205,000||3,115,000|3,115,000|
|Unlisted investments||2,336,382|2,336,381||2,111,749|2,111,748|
|TotaL market value||5,541,382|5,541,381||5.226,749|5.226.748|





## 

|||2021|
|---|---|---|
|||£|
|1)|Profit and loss account for year to 31 March 2021||
|Turnover||3,446|
|Cost of sates|||
|Gross Profit||3,244|
|Administration expenses||(11,379)|
|Other Operating Income||9,669|
|Profit for the year||1,534|
|Gift Aid Distribution||12.9I|
|ii)|Balance sheet as at 31 March 2021||
|||2021|
|||£|
|Stock||498|
|Debtors||14,931|
|Cash in hand||3,071|
|Creditors fatling due within one year||(1,325)|
|Net Assets||17.175|
|Share capital||1|
|Profit and toss account||17,174|
|Shareholders|surplus|17,175|





## 

||2021|2020|
|---|---|---|
|Group|£|£|
|Due within one year|||
|Trade deblors|115,956|164,185|
|Prepayments and accrued income|243,436|120,463|
||359.392|284.648|
||2021|2020|
||£|£|
|Charity|||
|Due within one year|||
|Trade debtors|115,956|164,185|
|Prepayments and accrued income|242,480|119,966|
||358,436|284,151|





||2021|2020|
|---|---|---|
||£|£|
|Group|||
|Due within one year|||
|Trade creditors|11,191|24,905|
|Other creditors|11,895|13,711|
|Accruals and deferred income|187,169|294574|
||210.255|333,190|
||2021|2020|
||£|£|
|Charity|||
|Due within one year|||
|Trade creditors|11,052|24,905|
|Other creditors|11,895|12,974|
|Accruals and deferred income|185,983|293,889|
|Amounts due to subsidiary undertakings|13,976|13,976|
||222Sfl|345.744|
|Deferred income|2021|2020|
||£|£|
|Deferred income at 1 April 2020|258,108|333,704|
|Resources deferred in year|80,818|258,108|
|Amounts reLeased from previous years|(258,108)|(333,704)|
|Deferred income at 31 March 2021|80.818|258,108|





## 

||Brought|||||Carried|
|---|---|---|---|---|---|---|
|||Incoming|Resources|Gains!|||
|Charity|Forward|Resources|Expended|(Losses)|Transfers|Forward|
||£|£|£|£|£|£|
|DESIGNATED FUNDS|||||||
|Fixed assets fund|||||||
|(inciuding revaluations)|2,808,820|||-|(80,167)|2,728,653|
|Long term investments|4,226,749||-|310,313|4,320|4,541,382|
|Reserve fund|503,879|||-|(79,138)|424,741|
|Pension reserve|(1,541,000)||44000|(38,000)||(1,535,000)|
||5,998,448|-|44,000|272,313|(154,985)|6,159,776|
|GENERAL FUNDS|||||||
|General Funds|1,018,614|1,589,057|(1,682,151)|38,000|105,794|1,119,317|
|Total unrestricted funds|7,017,062|1,589,057|(1,638,151)|310,313|(49,191)|7,279,093|





## 

||Brought|||Gains/||Carried|
|---|---|---|---|---|---|---|
|||Incoming|Resources||||
||Forward|Resources|Expended|(Losses)|Transfers|Forward|
||£|£|£|£|£|£|
|RESTRICTED FUNDS|||||||
|BLackburn with Darwen|||||||
|Maryvate|-|112,350|(159,231)|-|46,881|-|
|St Joseph’s WeLfare|-|147,787|(121,478)|-|(9,461)|16,848|
|Post Adoption|5,000|5,000|(5,000)|-|-|5,000|
|Cornerstone Drop In|||||||
|Centre|105,104|272,393|(302,394)|-|-|75,103|
|St Joseph’s Mission for|||||||
|the Deaf|180,429|1,000|(32,322)|-|-|149,107|
|CathoLic Family Care|8,081|581|(1,746)|-|-|6,916|
|The LatLey|42,762|184,397|(97,690)|-|-|129,469|
|Red Door|-|38,575|(25,430)|-|-|13,145|
|Sr Joan’s Service|-|118|(12,531)|-|12,413|-|
|Night Provision|71,017|287,959|(354,626)|-|-|4,350|
|Refugee Response|26,354|147,925|(98,657)|-|-|75,622|
|Education|12,080|92,304|(95,570)|-|(1,964)|6,850|
|Gubay Crisis Fund|7,000|22,463|(33,495)|-|4,032|-|
|Caritas Bishop’s Fund|-|30,000|-||-|30,000|
|Caritas in Action|2,724|30,000|(30,014)|-|(2,710)|-|
|SubtotaL|460,552|1,372,852|(1,370,184)|-|49,191|512,411|
|Total of Funds|7,477,612|2,961,909|(3,008,335)|310,313|-|7,791,504|





## 

||Brought|Incoming|Resources|Gains/||Carried|
|---|---|---|---|---|---|---|
||Forward|Resources|Expended|(Losses)|Transfers|Forward|
||C|£|C|£|£|£|
|Designated Funds|5,998,448||44,000|272,313|(154,985)|6,159,776|
|General Funds|1,0I8,614|1,589,057|(1,682,151)|38.000|105,794|1,119,317|
|Subtotal|7,017,062|1,589,057|(1,638,151)|310,313|(49,191)|7,279,093|
|Restricted Funds|460,552|1,372,852|(1,370,184)||49,191|512,411|
|Total of Funds|7,477,614|2,961,909|(3,008,335)|310,313|-|7,791,504|





||Brought|||||Carried|
|---|---|---|---|---|---|---|
|||Incoming|Resources|Gains!|||
|Group|Forward|Resources|Expended|(Losses)|Transfers|Forward|
||E|£|£|£|£|£|
|DESIGNATED FUNDS|||||||
|Fixed assets fund|||||||
|(inctuding revaLuations)|2,808,820|||-|(80,167)|2,728,653|
|Long term investments|4,226,749|||310,313|4,320|4,541,382|
|Reserve Fund|503,879|||-|(79,138)|424,741|
|Pension reserve|(1,541,000)||44,000|(38,000)|-|(1,535,000)|
||5,998,448|-|44,000|272,313|(154,985)|6,159,776|
|GENERAL FUNDS|||||||
|GeneraL Funds|1,035,233|1,601,192|(1,695,692)|38,000|105,794|1,136,492|
|Totat unrestricted|||||||
|funds|7,033,681|1,601,192|(1,651,692)|310,313|(49,191)|7,296,268|





||CARITAS DIOCESE OF SALFORD|CARITAS DIOCESE OF SALFORD|CARITAS DIOCESE OF SALFORD||||
|---|---|---|---|---|---|---|
||Brought|||Gains!||Carried|
|||Incoming|Resources||||
||Forward|Resources|Expended|(Losses)|Transfers|Forward|
||£|£|£|£|£|£|
|RESTRICTED FUNDS|||||||
|Blackburn with Darwen|||||||
|Maryvale|-|112,350|(159,231)||46,851||
|St Joseph’s Welfare|-|147,787|(121,478)||(9,461)|16,848|
|Post Adoption|5,000|5,000|(5,000)|||5,000|
|Cornerstone Drop In|||||||
|Centre|105,104|272,393|(302,394)|||75,103|
|St Joseph’s Mission for|||||||
|the Deaf|180,429|1,000|(32,322)|||149,107|
|Catholic Family Care|8,081|581|(1,746)|||6,916|
|The Latley|42,762|184,397|(97,690)|||129,469|
|Red Door||38,575|(25,430)|||13,145|
|Sr Joan’s Service||118|(12,531)||12,413||
|Night Provision|71,017|287,959|(354,626)|||4,350|
|Refugee Response|26,354|147,925|(98,657)|||75,622|
|Education|1 2,080|92,304|(95,570)||(1,964)|6,850|
|Gubay Crisis Fund|7,000|22,463|(33,495)||4,032||
|Caritas Bishop’s Fund||30,000||||30,000|
|Caritas in Action|2,724|30,000|(30,014)||(2,710)||
|Subtotal|460,552|1,372,852 (1,370,184)||-|49,191|512,411|
|Total of Funds|7,494,233|2,974,044 (3,021,876)||310,313|-|7,808,679|





## 

||Brought|Incoming|Resources|Gains?||Carried|
|---|---|---|---|---|---|---|
||Forward|Resources|Expended|(Losses)|Transfers|Forward|
||£|£|£|£|£|£|
|Designated Funds|5,998,448||44,000|272,313|(154,985)|6,159,776|
|General Funds|1,035,233|1,601,192|(1,695,692)|38,000|105,794|1,136,492|
|SubtotaL|7,033,681|1,601,192|(1,651,692)|310,313|(49,191)|7,296,268|
|Restricted Funds|460,552|1,372,852|(1,370,184)|-|49,191|512,411|
|TotaL of Funds|7,494,233|2,974,044|(3,021,876)|310,313|-|7,808,679|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



||Restricted|Unrestricted|Total|
|---|---|---|---|
|Group|Funds|Funds|Funds|
||2021|2021|2021|
||£|£|£|
|Tangible fixed assets|-|2,728,656|2,728,656|
|Fixed asset investments|-|5,541,381|5,541,381|
|Current assets|512,411|771,486|1,283,897|
|Creditors due within one year|-|(210,255)|(210,255)|
|Pension scheme liability|-|(1,535,000)|(1,535,000)|
||512,411|7,296,268|7,808,679|
||Restricted|Unrestricted|Total|
|Group|Funds|Funds|Funds|
||2020|2020|2020|
||£|£|£|
|Tangible fixed assets||2,808,820|2,808,820|
|Fixed asset investments|-|5,226,748|5,226,748|
|Current assets|593,499|739356|1,332,855|
|Creditors due within one year|(132,947)|(200,243)|(333,190)|
|Pension scheme liability|-|(1,541000)|(1,541,000)|
||460,552|7,033,681|7,494,233|





## 

## 

||||Land|and buildings||Other|||
|---|---|---|---|---|---|---|---|---|
|||||2021|2020||2021|2020|
|||||£|£||£|£|
|Within|1|year||12,750|12.750||1,220|1.220|
|Between||2 and 5 years||-|12750||||
|||||12,750|Z5.500||||



## 

## 



|The amounts recognised in the balance sheet|are as follows||
|---|---|---|
||2021|2020|
||£|£|
|Fair value of employer assets|5,052,000|4,416.000|
|Present value of funded obligations|(6,587,000)|j57,0OO|
|Net pension liability|1,535.000|1.541,000|



||2021|2020|
|---|---|---|
||£|£|
|Service cost|(23,000)||
|Interest on Employer Assets|98,000|121,000|
|Interest on Pension Scheme Liabilities|(134,000)||
|Total net interest|(59,000)|(27,000J|





## 

## 

||2021|2020|
|---|---|---|
||£|£|
|ActuaL return less expected return on pension|||
|scheme assets|||
||818,000|(599000)|
|Changes in financial assumptions underlying|||
|the present value of the scheme liabilities|||
||(768,000)|214,000|
|Total recognised gain/(Loss) in OCI|50,000|(385.0001|
|Changes in the present value of the defined benefit|obligation were as follows:||
||2021|2020|
||£|£|
|Defined benefit obligation recognized at 1|5,957,000|6,288,000|
|ApriL 2020|||
|Service cost|23,000|28,000|
|Interest cost|134,000|148,000|
|Contribution by members|4,000|4,000|
|Remeasurement|768,000|(214,000)|
|Estimated benefits paid|(299,000)|(297,000)|
|CLosing defined benefit obligation|6.587,000|5,357a000|





|Changes in the fair value of the charities share of sc|heme assets are as foll|ows:|
|---|---|---|
||2021|2020|
||£|£|
|Fair vaWe of employer assets at 1 April 2020|4,416,000|5,170,000|
|Contributions by members|4,000|4,000|
|Contributions by the employer|15,000|17,000|
|Return on assets (excluding interest)|818,000|(599,000)|
|Benefits paid|(299,000)|(297,000)|
|Interest income|98,000|121,000|
|Closing fair vaLue of empLoyer assets|_Q52,000|4,416.000|
|The major categories of fund assets as follows:|||
||Assets at 31|Assets at|
||March|31 March|
||2021|2020|
||£|£|
|Equities|3,637,440|3,047,000|
|Bonds|606,240|662,000|
|Property|353,640|309,000|
|Cash|454,680|398,000|
||5,052.000|4,416.000|
|The principal assumptions at the baLance sheet date:|||
||2021|2020|
||% per annum|% per annum|
|Inflation rate (CPI)|2.85|2.0|
|Future salary increase rate|3.60|28|
|Future pension increase i-ate|2.85|2.3|
|Discount rate|1.95|2.3|





||||CARITAS DIOCESE OF SALFORD|||
|---|---|---|---|---|---|
||||Approximate|%|Approximate|
||||increase|to|monetary amount|
||||employer liability|||
||||||£‘OOO|
|0.5%|decrease|in|reaL discount rate|6|377|
|0.5%|increase|in|the salary increase rate|0|6|
|0.5%|increase|in|the pension increase rate|6|365|



||At 31 March 7021|At 31 March 2020|
|---|---|---|
|Retiring today|||
|Males|20.5|20.5|
|Females|23.3|23.1|
|Retiring in 20 years|||
|Mates|21.9|22.0|
|Females|25.3|25.0|



## 



||Group|2021|2020|
|---|---|---|---|
|||£|£|
||Financial assets measured at arnortised cost|LQIPfl2I|1.079299|
||Financiat liabilities measured at amortised cost|111,437|75,082|
||Financial assets consist of cash, trade debtors and other debtors|||
||Financial liabilities consist of loans, trade creditors, other creditors|||
||and accruals|||
|21.|POST BALANCE SHEET EVENT|||





## 

|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2020|
|||C|£|£|
|INCOME|||||
|Donations and Legacies|2|465,789|233,466|699,255|
|Other trading activities|3||40,048|40,048|
|Investment income|4||121,819|121,819|
|Charitable activities|5|764,512|1738,525|2503037|
|TOTAL INCOME||1,230,301|2,133,858|3,364,159|
|EXPENDITURE|||||
|Raising funds|7|-|117,733|117,733|
|Charitable activities|6|1,408,597|1,950,821|3,359,418|
|TOTAL EXPENDITURE||1408,597|2,068,554|3,477,151|
|Net gains on investments|11|.|769,212|769,212|
|NET (EXPENOITURE)/LNCOME||(178,296)|834,516|656,220|
|Transfers||116,236|(116,236)||
|NET INCOME BEFORE OTHER RECOGNISED GAINS|||||
|/ (LOSSES)||(62,060)|718,280|656,220|
|Actuariat gains/ losses) on defined benefit|||||
|pension schemes|18|‘|(385,000)|(385,000)|
|NET MOVEMENT IN FUNDS||(62.060)|333,280|271,220|
|FUND BALANCES AT<br>1 APRIL 2019||522,612|6,700,401|7,223,013|
|FUND BALANCES AT 31 MARCH 2020|14|460,552|7,033,681|7,494,233|





|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2020|
|||£|£|£|
|INCOME|||||
|Donations and legacies|2|465,789|241,846|707,635|
|Other trading activittes||-|12,253|12,253|
|Investment income|4|-|121,819|121,819|
|Charitable activities|5|764,512|1,738.525|2,503,037|
|TOTAL INCOME||1, 230, 301|2,114,443|3, 344,744|
|EXPENDITURE|||||
|Raising funds||-|98,317|98,317|
|Charitable activities|6|1,408,597|1,950,821|3,359,418|
|TOTAL EXPENDITURE||1408,597|2,049.138|3,457,735|
|Net gains on investments|11|-|769,212|769,212|
|NET INCOME||(178,296)|834,517|656,221|
|Transfers||116,236|(116,236)|-|
|NET INCOME BEFORE OTHER RECOGNISED GAINS|||||
|I (LOSSES)||(62,060)|718,281|656,221|
|Actuarial gains/itossesi on def-ed benefit|||||
|pension schemes|18|-|(385,000)|(385,000)|
|NET MOVEMENT IN FUNDS||(62,060)|33,281|271,221|
|FUND g4.LArqES AT 1 APRIL 2019||522,612|6,683,781|7,206,393|
|FUND BALANCES AT 31 MARCH 2020|14|460,552|7.017,062|7,477,614|