2023-03-31-accounts

Trustees		Monsignor	Keith Newton,	Keith Newton,	Chair
		Paul Simon	Burch
		Simon Ellis
		Simon Chinery
		Michael Halsall
		Christopher	Lindlar
		Dr Andrew	Starkie
		Dr James Bradley
		Christopher	Pearson
		David Lashbrooke
		Jonathon Redvers		Harris
		David Wailer
Company	registered
number		07582943
Charity registered
number		1141536
Registered	office	24 Golden Square
		London
		W1F9JR
Company	secretary	Mr C Woodman
Accountants		MHA
		Chartered Accountants
		Building 4
		Foundation	Park
		Roxborough	Way
		Maidenhead
		Berkshire
		SL63UD
Bankers		HSBC Bank	pic
		16King Street
		Covent Garden
		London
		WC2E BJF
Investment	Advisors	Rathbones
		1 Curzon Street
		London
		W1J 5FB

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note			E	E
Income from:
Donations and legacies			530,080	59,440	589,520	725,057
Other trading	activities		74,449		74,449	67,360
Investments			15,639		15,639	51
Total income			620,168	5S,440	679,608	792,468
Expenditure on:
Raising funds			8,203		8,203	9,469
Charitable activities			487,117	39,607	526,724	482,860
Total expenditure			495,320	39,607	534,927	492,329
Net income before net losses on
investments			124,848	19,833	144,681	300,139
Net losses on	investments		(4,035)		(4,035)
Net movement	in funds		120,813	19,833	140,646	300,139
Reconciliation	offunds:
Total funds brought fonNard			1,558,411	107,490	1,665,901	'/,365,762
Net movement	in funds		120,813	19,833	140,646	300,139
Total funds carried forward			1,679,224	127,323	1,806,547	1,665,901

					2023		2022
			Note		E
Fixed assets
Tangible assets			10		560,301		573,319
Investments			11		252,994
					813,295		573,3I9
Current assets
Debtors			12	124,570		285,585
Cash at bank and in hand				885,601		814,043
				1,010,171		1,099,628
Creditors: amounts	falling due within one
year			13	(16,919)		(7,046)
Net current assets					993,252		1,092,582
Total assets less current liabilities					1,806,547		1,665,901
Net assets excluding		pension asset			1,806,547		1,665,901
Total net assets					1,806,547		1,665,901

				2023	2022
					E
Cash flows from operating		activities
Net cash	used in operating	activities		19,895	22,847
Cash flows from investing		activities
Proceeds	from the sale of investments			54,245
Purchase	oftangible fixed assets			(2,582)	(4,765)
Net cash	provided by/(used in) investing		activities	51,663	(4,765)
Cash flows from financing		activities
Net cash	provided by financing activities
Change	in cash and cash	equivalents in	the year	71,558	18,082
Cash and	cash equivalents	at the beginning	ofthe year	814,043	795,961
Cash and cash equivalents		at the end of	the year	885,601	8f4,043
The notes on pages 13to 29 form part ofthese financial statements

Unrestricted	Restricted	Total
funds	funds	funds
2023	2023	2023
E	E	E
407,256	20,940	428,196
96,824		96,824
26,000	38,500	64,500
530,080	59,440	589,520
Unrestricted	Restricted	Total
funds	funds	funds
2022	2022	2022
	E
362,317	18,435	380,752
317,020		317,020
17,285	10,000	27,285
696,622	28,435	725,05?

Unrestricted	Total	Total
funds	funds	funds
2023	2023	2022
	F
74,449	74,449	67,360

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		E	K	E
Rent receivable		12,690	12,690
Gain on investments		1,474	1,474
Bank interest receivable		375	375	11
Investment	income	1,100	1,100	40
		15,639	15,639

					Unrestricted	Total
					funds	funds
					2023	2023
					E	F
Expenditure	on raising	voluntary	income		2,224	2,224
Wages and	salaries				5,979	5,979
					8,203	8,203
				Unrestricted	Restricted	Total
				funds	funds	funds
				2022	2022	2022
				E
Expenditure	on raising	voluntary	income	2,368	1,500	3,868
Wages and	salaries			5,601		5,601
				T,969	1,500	9,469

Activities
undertaken	Support	Total
directly	costs	funds
2023	2023	2023
F		E
450,204	76,520	526,724

Activities
undertaken	Support	Total
directly	costs	funds
2022	2022	2022
41?,'l6?	65,693	482,860

			Total	Total
		Activities	funds	funds
		2023	2023	2022
		E	F.
Depreciation		15,600	15,600	15,085
Formation		30,099	30,099	16,848
Allowances		203,012	203,012	192,879
Travel and subsistence		56,206	56,206	29,978
Portal magazine		10,304	10,304	8,110
Worship				5,293
Living and premises expenses		90,165	90,165	94,813
Third party donations		23,826	23,826	23,010
Personnel costs		6,489	6,489	7,173
Fundraising	and shop expenditure	14,503	14,503	23,978
		450,204	450,204	417,167

			Total	Totai
		Activities	funds	funds
		2023	2023	2022
		F.	f:
Staff costs		26,064	26,064	25,004
Office and communication		19,130	19,130	18,661
Legal and sundry		12,196	12,196	3,649
Bank charges	and interest	7,549	7,549	5,680
Governance	costs	11,581	11,581	12,699
		76,520	76,520	65,693

Net Incom	e/	{Expenditure	)
				2023	2022
				E	E
Operating	lease rentals				23,731
Depreciation		oftangible	fixed assets:
Owned by	the charity			15,600	15,085
Independent		examiniation	8 non-audit	6,500	7,720

Staff c	osts
		2023	2022
			E
Wages	and salaries	31,538	30,282
Pension	costs	505	323
		32,043	30,605

2023	2022
No.	No.

	Freehold	Office
	property	equipment	Total
			E
Cost or valuation
At 1 April 2022	649,252	37,533	686,785
Additions		2,582	2,582
At 31 March 2023	649,252	40,115	689,367
Depreciation
At 1 April 2022	80,032	33,434	113,466
Charge for the year	'I2,985	2,615	15,600
At 31 March 2023	93„017	36,04S	129,066
Net book value
At 31 March 2023	556,235	4,066	560,301
At31March 2022	569,220	4,099	573,319

ORDINARIATE OF	OUR LADY OF WALSINGHAM
(A Company	Limited by Guarantee)

			Listed
			investments
Cost or valuation
At 1 April 2022
Additions			311,274
Disposals			(54,245)
Revaluations			(4,035)
At 31 March	2023		252,994
Net book value
At 31 March 2023			252,994
Debtors
		2023	2022
		E
Due within one year
Other debtors		591	f,242
Prepayments	and deposits	2723	3,643
Legacies receivable		121,256	280,700
		124570	285585

13.	Creditors: Amounts	Creditors: Amounts	falling due within one year
				2023f	2022
	Other taxation	and social security		809	776
	Trade creditors			142
	Accruals and deferred		income	15,968	6,270
				16,919	7,046

							Balance at
		Balance at 1			Transfers	Gains/	31 March
		April 2022	Income F	Expenditure E	in/out	(Losses) f	2023
Unrestricted
funds
Designated
funds
Fixed asset fund		573,319		(15,600)	2,582		560,301
Ordinary's
Mission Fund		50,000					50,000
Formation	fund	30,000					30,000
		653,319		(15,600)	2,582		640,301
General funds
General funds		905,092	620,168	(479,720)	(2„582)	(4,035)	1,038,923
Total
Unrestricted
funds		1,558,411	620,168	(4S5,320)		(4,035)	1,679,224
Restricted
funds
Music fund		6,230	7,000	(930)			12,300
Family fund		24,510	5,871	(5,026)			25,355
Formation	fund	76,?50	46,569	(33,651)			8S,668
		107,490	59,440	(39,60?)			127 323
Total offunds		1,665,901	679,608	(534,S27)		(4,035)	1,806,547

Statement	offun	ds - prior year
							Balance at
		Balance at			Transfers	Gains/	31March
		1April 2021	Income	Expenditure	in/out	(Losses)	2022
					E
Unrestricted
funds
Designated
funds
Fixed asset fund		583,639		(15,085)	4,765		573,319
Ordinary's
Mission Fund		50,000					50,000
Formation	fund	30,000					30,000
		663,639		(15,085)	4,765		653,3'/9
General funds
General funds		597,983	764,033	(452,159)	(4,765)		905,092
Total
Unrestricted
funds		1,261,622	764,033	(467,244)			1,558,411
Restricted
funds
Music fund		4,000	6,010	(3,780)			6,230
Family fund		25,193	3,812	(4,495)			24,510
Formation	fund	74,947	18,613	(16,810)			76,750
		104,140	28,435	(25,085)			107,490
Total offunds		1,365,762	792,468	(492,329)			1,665,901

Analysis ofnet assets between funds - cur	rent year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2023f	2023 F	2023f
Tangible fixed assets	560,301		560,301
Fixed asset investments	252,994		252,994
Current assets	882,848	127,323	1,010,171
Creditors due within one year	(16,919)		(16,919)
Total	1,679,224	127,323	1,806,547

Analysis	of n	et assets between funds - prio	r year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
				E
Tangible	fixed	assets	573,319		573,319
Current	assets		992,138	107,490	1,099,628
Creditors	due	within one year	(7,046)		(?,046)
			1,558,411	107,490	1,665,901