# ## |||Page| |---|---|---| |Trustees report||1-8| |Statement oftrustees|responsibilities|| |Independent
examiner's
report||10| |Statement offinancial|activities|| |Balance sheet||12-13| |Notes to the financial|statements|14-27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Charity|name:|name:|name:|Society ofthe Sacred Cross|Society ofthe Sacred Cross| |---|---|---|---|---|---| |Charity|number:|||1135334|| |Company||number:||07198198|| |Secretary||||Kirstie Jane Pope|| |Trustees:||||Elizabeth Allen-Williams|| |||||Katharine Ann|Hall| |||||Rosalind
Mary|Hawken| |||||Peter Evans Lea|| |Registered|||offic:|Ty-Mawr Convent|| |||||Lydart|| |||||Monmouth|| |||||Gwsnt|| |||||NP25 4RN|| |Independent|||examiners:|Azets Audit Services|| |||||6Agincourt Street|| |||||Monmouth|| |||||NP25 3DZ|| |Architect||and surveyor:||The Hook Mason Partnership|| |||||Studio 2, Thorn Office Centre|| |||||Rotherwas|| |||||Hereford|| |||||HR2 6JT|| |Bankers:||||NatWest Bank|PLC| |||||9 High Street|| |||||Abergavenny|| |||||NP7 5SA|| |Investment|||managment:|Investee|| |||||30Gresham
Street|| |||||London|| |||||EC2V 7QP|| ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2021|2021|2021|2020|2020|2020| |||Notes||6||8||6|8| |In erne and endowments|||from.||||||| |Donations
and legacies||||44,839|1,475|46,314|79,510|300|79,810| |Charitable
activities||||298,502|844|299,346|24,493|7,450|31,943| |Investments||||22,438||22,438|36,970||36,970| |Other income||||4,078||4,078|3,096||3,096| |Total income||||369,857|2,319|372,176|144,069|7,750|151,819| |Raising funds|||7|12,018||12,018|12,897||12,897| |Charitable
activities|||8|210,528|1,244|211,772|188,586|200|188,788| |Other|||12||||1,119||1,119| |Total resources|||||||||| |expended||||222,546|1,244|223,790|202,602|200|202,802| |Net gains/(losses)||on|||||||| |investments|||13|112,028||112,028|(49,002)||(49,002)| |Gross transfers|||||||||| |between
funds|||||||100|(100)|| |Net movement|in|funds||259,339|1,075|260,414|(107,435)|7,450|(99,985)| |Fund balances at 1|||||||||| |April 2020||||3,511,410|7,752|3,519,182|3,618,845|302|3,619,147| |Fund balances|at|31|||||||| |March 2021||||3,770,749|8,827|3,779,576|3,511,410|7,752|3,519,162| ## ## ||||2021||2020|| |---|---|---|---|---|---|---| |||Notes|F.||f.|| |Fixed assets||||||| |Tangible assets||14||1,894,684||1,839,789| |Investments||15||1,026,556||926,548| |||||2,921,240||2,766,337| |Current assets||||||| |Debtors||17|6,059||10,387|| |Cash at bank and in|hand||865,127||759,139|| ||||871,186||769,526|| |Creditors: amounts|falling due within|||||| |one year||18|(12,850)||(16,701)|| |Net current assets||||858,336||752,825| |Total assets less current liabilities||||3,779,576||3,519,162| |Income funds||||||| |Restricted funds||20||8,827||7,752| |~Unrestr'gtctLfiuKla||||||| |Designated
funds||21|1,894,684||1,839,789|| |General
unrestricted|funds||1,876,065||1,671,621|| |||||3,770,749||3,511,410| |||||3,779,576||3,519,162| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2021|2021|2021|2020|2020|2020| ||||8||5|5|f| |Donations|and gifts|42,274|1,475|43,749|79,310|300|79,610| |Legacies receivable||2,565||2,565|200||200| |||44,839|1,475|46,314|79,510|300|79,810| |Donations|and gifts||||||| |Donations||21,261|1,075|22,336|55,072|100|55,172| |Gift aid||21,013|400|21,413|23,278||23,278| |GASD|||||1,160||1,160| |Other|||||(200)|200|| |||42,274|1,475|43,749|79,310|300|79,610| ## ## ## ||||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|funds| |---|---|---|---|---|---|---|---| ||||||funds||| ||||||2021||2020| ||||||5||5| ||Community||member|contributions|298,502||31,943| ||HMRC|Coronavirus||Job Retention Scheme|844||| ||||||299,346||31,943| ||Analysis|by|fund||||| ||Unrestricted||funds||298,502||24,493| ||Restricted funds||||844||7,450| ||||||299,346||31,943| |5|Investments||||||| ||||||Unrestricted|Unrestricted|| ||||||funds||funds| ||||||2021||2020| ||||||||5| ||Investment||income||22,438||36,970| |6|Other income||||||| ||||||Unrestricted|Unrestricted|| ||||||funds||funds| ||||||2021||2020| |||||||5|f| ||Other income||||4,078||3,096| ## ## ## |||||Unrestricted|Unrestricted| |---|---|---|---|---|---| |||||funds|funds| |||||2021|2020| ||||||6| |Investment||mana|ment|12,018|12,897| |||||12,018|12,897| |Charitable||activities|||| |||||2021|2020| |||||E|8| |Staff costs||||62,133|36,450| |Depreciation||and impairment||39,725|30,135| |Sundries and chapel|||expenses|8,298|14,679| |Cleaning||||1,878|1,442| |Conferences|||||2,591| |Domestic|food|||13,818|14,089| |Equipment||and maintenance||12,025|7,772| |Farm repaim and expenses|||||1,810| |Holidays|||||577| |Insurance||||14,455|13,954| |Light and|heat|||18,347|21,185| |Rates||||9,638|9,603| |Repairs||||11,517|5,314| |Alms||||6,000|3,750| |Gardens||||3,109|4,272| |||||200,943|167,623| |Share ofsupport costs (see note 9)||||5,529|8,346| |Share ofgovernance|||costs (see note 9)|5,300|12,817| |||||211,772|188,786| |Analysis|by fund||||| |Unrestricted||funds||210,528|188,586| |Restricted|funds|||1,244|200| |||||211,772|188,786| ## ## ## ## |Support|costs|||||||| |---|---|---|---|---|---|---|---|---| |||||Support|Governance|2021|2020|Basis of| |||||costs|costa|||allocation| |||||6|||6|| |Travel costs||||342||342|1,633|Direct| |Postage,|printing|and|stationery|3,092||3,092|2,802|Direct| |Training||||20||20|1,964|Direct| |Telephone|costs|||2,075||2,075|1,947|Direct| |Legal and|professional||fees||5,300|5,300|12,817|Governance| |||||5,529|5,300|10,829|21,163|| |Analysed|between|||||||| |Charitable|activities|||5,529|5,300|10,829|21,163|| ## ## |||2021|2020| |---|---|---|---| |||Number|Number| |Employment|costs|2021|2020| |||6|| |Wages and salaries||60,412|35,440| |Other pension costs||1,721|1,010| |||62,133|36,450| ## ## ## ## ## ||||2021|2020| |---|---|---|---|---| |Net|loss|on disposal oftangible fixed assets||1,119| |||||1,119| |For|the|year ended $1 March 2020||1,119| ## ## ## ## ## ||||||Unrestricted|Unrestricted| |---|---|---|---|---|---|---| ||||||funds|funds| ||||||2021|2020| ||||||6|F| |Revaluation|of investments||||92,345|(66,177)| |Gain/(loss)
on sale of||investments|||19,683|17,175| ||||||112,028|(49,002)| |Tangible fixed assets||||||| ||||Freehold
land|Plant and|Motor vehicles|Total| ||||and buildings|machinery||| ||||and|||| ||||improvements|||| ||||8|E|8|| |Cost||||||| |At 1April 2020|||1,827,258|141,181|6,100|1,974,539| |Additions|||85,989|8,631||94,620| |At 31 March|2021||1,913,247|149,812|6,100|2,069,159| |Depreciation|and impairment|||||| |At 1April 2020|||20,136|109,014|5,600|134,750| |Depreciation|charged|in the year|28,734|10,491|500|39,725| |At 31 March|2021||48,870|119,505|6,100|174,475| |Canying
amount||||||| |At 31 March|2021||1,864,377|30,307||1,894,684| |At 31 March|2020||1,807,122|32,167|500|1,839,789| ## ## |15|Fixed asset investments|Fixed asset investments||||| |---|---|---|---|---|---|---| |||||Listed|Cash in|Total| |||||investments|portfolio|| |||||6||| ||Cost or valuation|||||| ||At 1 April 2020|||925,084|1,464|926,548| ||Additions|||30,435||30,435| ||Valuation
changes|||112,028||112,028| ||Cash movement||||596|596| ||Disposals|||(43,051)||(43,051)| ||At 31 March 2021|||1,024,496|2,060|1,026,556| ||Carrying
amount|||||| ||At 31 March 2021|||1,024,496|2,060|1,026,556| ||At 31 March 2020|||925,084|1,464|926,548| |16|Financial instruments||||2021f|2020
6| ||Carrying
amount of|financial assets||||| ||Instruments
measured|at fair value through|profit or loss||1,026,556|926,548| |17|Debtom|||||| ||||||2021|2020| ||Amounts
falling due|within one year:|||6|6| ||Other debtors||||5,338|9,653| ||Prepayments
and accrued income||||721|734| ||||||6,059|10,387| |18|Creditors: amounts|falling due within one year||||| ||||||2021|2020| ||||||6|8| ||Other taxation and social security||||2,039|456| ||Trade creditors||||5,763|10,179| ||Accruals and deferred|income|||5,048|6,066| ||||||12,850|16,701| ## ## ## ## ||||Cl0||0 CC
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XZ IU|| ## ## ## ||Balance at|Resources|Transfers|Balance at|Resources|Transfers|Balance at| |---|---|---|---|---|---|---|---| ||1April 2019|expended||1 April 2020|expended||31 March 2021| ||8|6|6|6|6||6| |Fixed asset|||||||| |fund|776,254|30,135|163,000|969,389|(39,725)|94,620|1,024,284| |Fixed asset|||||||| |revaluation|||||||| |fund|870,400|||870,400|||870,400| ||1,646,654|30,135|163,000|1,839,789|(39,725)|94,620|1,894,684| ## ## ##