Charity number: 1142482 Company number: 07493766 (England and Wales) ## Catholic Voices Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2020 Catholic Voices Contents Page For the year ended 31 December 2020 |Report of the Trustees|1 to 4| |---|---| |Independent Examiner's Report to the Trustees|5| |Statement of Financial Activities|6| |Statement of Financial Position|7| |Notes to the Financial Statements|8 to 12| |Detailed Statement of Financial Activities|13| Catholic Voices Report of the Trustees For the year ended 31 December 2020 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objects of the charity are to advance the Catholic religion for the benefit of the public, in particular but not exclusively, by explaining the doctrine and practices of the Catholic faith (in accordance with the Magisterium, Catechism and Canon Law of the Catholic Church) and the relevance of its teaching to modem society and culture and daily life. To further the objects the charity may, without limitation, organise and assist in the provision of conferences, courses, lectures, debates, exhibitions, training and other educational activities; publish and distribute books, articles and films; carry out or promote research; provide or procure advice and make donations. The charity may, alone or with other organisations, seek to influence public opinion and make representations to and seek to influence governmental and other bodies and institutions regarding the reform, development and implementation of appropriate policies, legislation and regulations provided that all such activities shall be confined to those which an English and Welsh charity may properly undertake. The charity may also establish, support or aid any other charitable associations. Connection with other associations: In order to achieve its objects, the charity liaises with the Bishops' Conference in England and Wales and the Catholic Communications Network. It is, however, completely independent of these bodies. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. The benefits of the charity are open to everyone. The benefits which arise are enabling the public at large to understand better the teaching of the Catholic Church and how this is relevant to daily life and society. Once people are properly informed of what the Church teaches and why, they are able make informed decisions about the importance and relevance of that teaching. The above is achieved through 1) public media appearances by either the trustees or by people who have been trained by the charity; 2) CV The Academy meetings which are public events on topical issues usually with external speakers and experts; 3) CV Comment which contains regular articles; and; 4) the Public Speaking Programme which consists of public presentations by CV trained speaker on topical issues. The charity also organises training sessions for people who are interested in understanding Church teaching and being able to communicate it effectively. Some of the Academy meetings are for Academy members only and these are used to reach a better understanding of Church teaching and decide how best this should be explained in public. Catholic Voices Academy sessions are open to anyone who follows the Church's teaching and wishes to deepen their understanding. These Academy meetings and the training PSP sessions also have a public benefit in that they enable attendees to better explain Church teaching in the public forum whether that be informally with everyday social contacts or formally through media commitments. The trustees confirm they have had due regard to the guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake. 1 of 13 Catholic Voices Report of the Trustees Continued For the year ended 31 December 2020 ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** Catholic Voices speakers were in 56 media interviews during 2020. 47 on radio, 9 on TV and a total of 43 appearances for the BBC. This brings the total of media appearances in the UK since 2010 to 1,203, an average of 2.2 per week. The most significant issue of 2020, in terms of volume of media requests, was the IICSA Report (16 appearances). The Public Speakers' Programme (PSP) delivered 38 talks or workshops (8 live and 30 virtually) in various contexts (dioceses, parishes, university chaplaincies and on an ad hoc basis as and when the need arose). This brings the total of talks/workshop delivered since the official launch of PSP in 2017 to 183, an average of 1 per week. Notable talks/workshops in 2020 included: a preaching workshop for Priests of Paisley Diocese (Jan); various workshops for Westminster Youth Ministry; workshop on 'Mission in a digital age' for Northampton Diocese (Sep) & workshop for Adult Formators of England (Nov). In 2020 we have hosted 19 Catholic Voices academies, 18 of which were webinars. The academy webinars this year have had an average attendance of 50-100 but the most popular academies this year have been: 'The Life You Were Made For' with Chris Stefanick (May); The beatification of Blessed Carlo Acutis which currently has 25k views on YouTube (Oct) and The Duty of Catholics to Engage in Public Life with Mike Kane MP (Nov). Catholic Voices was also involved in a major survey assessing responses to the Covid-19 crisis among Catholics in the UK. Over 2,500 Catholics were surveyed, between 19th May and the 26th July, about their experiences and attitudes towards lockdown. The survey, which is part of a wider survey of UK Christian responses to the present crisis, was undertaken by Professor Francis Davis (University of Birmingham and Oxford), Professor Andrew Village (York St John University) and Professor Leslie Francis (University of Warwick) who collaborated with Catholic Voices to publicise the survey and produce the report. In 2020 CV secured funding from the Cardinal's Appeal to begin developing a brand new project designed to equip the next generation of Catholic leaders called RISE UP. The project, which began in 2020 is in the planning and development stage, which when completed will invite young people (16-21) from various contexts to apply for a programme of training in leadership and communication skills as well as spiritual formation. For this project Catholic Voices is collaborating with Westminster Youth Ministry to invite Westminster-based leaders to be engaged with the activities of the diocese as well as responding directly to the call of Pope Francis' exhortation to young people in the document Christus Vivit. ## **FINANCIAL REVIEW** ## **Significant events** Income for the period was £54,435 and came from donations £53,000 and other income £1,435. Expenditure was £80,467 giving a decrease in funds for the period of £26,032. **Reserves** CV has a policy of maintaining reserves equal to at least 2 months of the budgeted expenditure although it is intended to try and build this to 6 months. CV also has a policy of not committing to expenditure unless the funds have already been raised or committed. CV budgets for the year ahead based on amounts committed by existing regular donors and newly committed funds and so is able to manage the cash flow. It therefore considered that the 2 months reserves are adequate. ## **Going concern** No material uncertainties exist about the ability of the charity to continue as a going concern for the foreseeable future. Whilst the impact of Covid-19 has been considered. Our cashflow forecasts and budgets do not suggest that there is any reason for concern and all risks around Covid-19 have been mitigated as far as possible. 2 of 13 Catholic Voices Report of the Trustees Continued For the year ended 31 December 2020 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The trustees are all directors and are automatically members of the company. There are no members who are not trustees. The trustees are responsible for the long term vision, strategy, good governance and reputation of the charity. In particular the trustees have a duty to ensure that all public statements and communications effectively express the settled teaching of the Catholic Church. The trustees hold board meetings approximately every quarter. The day to day management of the charity is carried out by the Chief Executive Officer who reports to the trustees at board meetings. The charity employees two co-ordinators and uses two external consultants. One of the external co-ordinators assisted with a special project during the year. The charity also has an unpaid chaplain for part of the year, Fr Stephen Wang who stepped down and is due to be replaced. The respective roles and duties of the trustees and the Executive Committee are set out in the Objectives and Governance document which is updated on a regular basis. The charity has a Risk Committee and has adopted a Risk Register and Conflicts of Interest Policy and Conflicts of interest Register. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Catholic Voices **Charity registration number** 1142482 **Company registration number** 07493766 **Principal address** Cuckoo Hill Farm Cuckoo Hill Pinner Middlesex HA5 2BB ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mr Christopher John Morgan Mr John McAleer (Appointed: 21 October 2016) (Resigned: 07 October 2020) Mrs Laura Louise D'Arcy (Appointed: 14 January 2011) (Resigned: 24 October 2020) Ms Elizabeth Margaret Anne Howard Ms Mary Ruth Clarkson Willaim Kent (Appointed: 07 October 2020) Ms Lisa Fraser (Appointed: 07 October 2020) Joseph Patrick Ronan 3 of 13 Catholic Voices Report of the Trustees Continued For the year ended 31 December 2020 **Independent examiners** Fergal Davern FCA 149-151 Sparrows Herne Bushey Heath Watford Herts **Bankers** Lloyds Bank Plc Notting Hill Gate London **Solicitors** Bates Wells & Braithwaite London LLP 2-6 Cannon Street London EC4M 6YH Approved by the Board of Trustees and signed on its behalf by 16 December 2021 ............................................................................. Mr Christopher John Morgan 4 of 13 ## Catholic Voices Independent Examiners Report to the Trustees For the year ended 31 December 2020 I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Fergal Davern FCA 149-151 Sparrows Herne Bushey Heath Watford Herts 16 December 2021 5 of 13 ## Catholic Voices ## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2020 |**Unrestricted**
**funds**
**Notes**
**£**
**Income and endowments from:**
Donations and legacies
53,000
2
Charitable activities
1,435
3
**Total**
**54,435**
**Expenditure on:**
Charitable activities
(80,467)
**Total**
**(80,467)**
**(26,032)**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
41,826
**Total funds carried forward**
**15,794**|**2019**
**£**
85,836
9,185| |---|---| ||**95,021**| ||(83,629)| ||**(83,629)**| ||**11,392**
30,434| ||**41,826**| 6 of 13 Registered Number : 07493766 Catholic Voices Statement of Financial Position As at 31 December 2020 |**Notes**
**Fixed assets**
Tangible assets
**Current assets**
9
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
11
**Total funds**|**£**
**2020**
324
**324**
152
21,249
**21,401**
(5,931)
**15,470**
**15,794**
**15,794**
15,794
**15,794**|**£**
**2019**
-
**-**
2,992
43,472| |---|---|---| |||**46,464**| |||(4,638)
**41,826**| |||**41,826**| |||| |||**41,826**| |||41,826| |||**41,826**| For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr Christopher John Morgan Trustee 16 December 2021 7 of 13 Catholic Voices Notes to the Financial Statements For the year ended 31 December 2020 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Catholic Voices meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** No material uncertainties exist about the ability of the charity to continue as a going concern for the foreseeable future. Whilst the impact of Covid-19 has been considered. Our cashflow forecasts and budgets do not suggest that there is any reason for concern and all risks around Covid-19 have been mitigated as far as possible. ## **Statement of cash flows** The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charitable company is small. ## **Funds** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Incoming resources** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Resources expended** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and Fittings 25 Reducing balance 8 of 13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **2. Income from donations and legacies** |**ncome from donations and legacies**||||| |---|---|---|---|---| |**Unrestricted funds**
Donations received
**ncome from charitable activities**
**Unrestricted funds**
_Other trading activities_
PSP fee income
Income from charitable activities
**Analysis of support costs**
**Other trading activities**
**Management**
General administration
Bank charges
Subscriptions
Interest on taxation
**Governance costs**
Accountancy fees
Legal fees
Bookkeeping|**2020**
**£**
53,000
**53,000**
**2020**
**£**
1,435
-
**1,435**
**1,435**
**2020**
**£**
137
240
1,582
10
**1,969**
3,600
2,963
1,800
**8,363**
**10,332**|**2019**
**£**
85,836
**85,836**
**2019**
**£**
8,545
640
**9,185**
**9,185**
**2019**
**£**
186
181
611
-||**2019**
**£**
85,836| |||||**85,836**| |||||**2019**
**£**
8,545
640| |||||**9,185**| |||||**9,185**| |||||**978**
-
6,020
1,800| |||||**7,820**| |||||**8,798**| ## **3. Income from charitable activities** ## **4. Analysis of support costs** 9 of 13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **5. Net income/(expenditure) for the year** This is stated after charging/(crediting): |This is stated after charging/(crediting):||| |---|---|---| ||**2020**|**2019**| ||**£**|**£**| |Depreciation of owned fixed assets|85|-| |Accountancy fees|3,600|-| |Staff pension contributions|1,052|926| ## **6. Staff costs and emoluments** Total staff costs for the year ended 31 December 2020 were: |Salaries and wages
Social security costs
Pension costs
Employees||**2020**
**£**
49,533
1,019
1,052
**51,604**
**2020**
2
**2**||**2019**
**£**
48,347
-
926| |---|---|---|---|---| |||||**49,273**| |||||**2019**
3| |||||**3**| ## **7. Trustee remuneration and related party transactions** During the year the charity recieved £20,000 (2019: £15,000) from The Cuckoo Hill Trust. C Morgan is a trustee of The Cuckoo Hill Trust. The trustees believe this transaction to be at arms length. ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **9. Debtors** |**Amounts due within one year:**
Prepayments and accrued income
Other debtors|**2020**
**£**
56
96
**152**|**2019**
**£**
2,952
40| |---|---|---| |||**2,992**| 10 of 13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **10. Creditors: amounts falling due within one year** ||||**2020**|**2019**| |---|---|---|---|---| ||||**£**|**£**| |Trade creditors|||-|2,498| |Other creditors|||1,391|760| |Accruals and deferred income|||4,540|1,380| ||||**5,931**|**4,638**| |**Movement in funds**||||| |**Unrestricted Funds**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2020**|**resources**|**resources**|**31/12/2020**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|41,826|54,435|(80,467)|15,794| ||**41,826**|**54,435**|**(80,467)**|**15,794**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2019**|**resources**|**resources**|**31/12/2019**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|30,434|95,021|(83,629)|41,826| ||**30,434**|**95,021**|**(83,629)**|**41,826**| ## **11. Movement in funds** ## **Purpose of unrestricted Funds** ## General The purpose of the general fund is to deliver the charity's objects and help meet the charity's obligations in respect of public benefit. ## **12. Analysis of net assets between funds** |**Analysis of net assets between funds**|||| |---|---|---|---| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|324|15,470|15,794| ||**324**|**15,470**|**15,794**| 11 of 13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2020 ## **Previous year** |**Previous year**|||| |---|---|---|---| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|-|41,826|41,826| ||**-**|**41,826**|**41,826**| ## **13. Company limited by guarantee** Catholic Voices is a company limited by guarantee and accordingly does not have a share capital. 12 of 13 Catholic Voices Detailed Statement of Financial Activities For the year ended 31 December 2020 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Charitable activities**
Psp Fee Income
Sale Of Books
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staff Costs - Wages & Salaries
Staff Costs - Social Security Costs
Staff Costs - Pension Contributions
Depreciation - Owned Assets
Consultancy Fee
Psp Expenses
Training
Catholic Voices Academy
Retreat Costs
Cv Global Meeting
Blog Writing Costs
Travel Costs
Web And Computer Costs
Telephone
**SUPPORT COSTS**
**Management**
General Administration
Bank Charges
Subscriptions
Interest On Taxation
**Governance costs**
Accountancy Fees
Legal Fees
Bookkeeping
**Total resources expended**
**Net Expenditure**||**£**
**2020**
53,000
**53,000**
1,435
-
**1,435**
**54,435**
(49,533)
(1,019)
(1,052)
(85)
(14,123)
(275)
(471)
-
-
(250)
(1,235)
(405)
(1,528)
(159)
**(70,135)**
(137)
(240)
(1,582)
(10)
**(1,969)**
(3,600)
(2,963)
(1,800)
**(8,363)**
**(80,467)**
**(26,032)**||**£**
**2019**
85,836| |---|---|---|---|---| |||||**85,836**
8,545
640| |||||**9,185**| |||||**95,021**
(48,347)
-
(926)
-
(14,139)
(376)
(5,335)
(682)
(796)
(875)
(500)
(1,638)
(1,217)
-| |||||**(74,831)**
(186)
(181)
(611)
-| |||||**(978)**
-
(6,020)
(1,800)| |||||**(7,820)**| |||||**(83,629)**| |||||**11,392**| 13 of 13 This page does not form part of the statutory financial statements Chaty number.. 1142482 Company number.. 07493766 (England and Wales) Catholic Voices Report of the Trustees and Unaudited Financial Statements For the year and8d 31 December 2018 Catholic Voices Contents Page For the year ended 31 December 2018 Rwrt c4 Ih? TruBtge8 Ito3 Indyidwl Examinrfs Repcrt lo the Tru6tg86 St8thent of Flnandal A￿￿tIoN Slalwnant of Flnandal Po￿￿C Nol•8 to tha FITh￿￿81 sta1•n￿*s 7t0 12 D•l•il•J &8t•Jn¢nt of Fin8nd81 A¢d¥ltie8 13 Catholic Voices Report of Ihe Trustees For the y88r endod 31 December 2018 Th• Tru81￿, wbo ar• I￿0 ¢Ywtcn fc¢ the pwpow of c#ynp8ny 18w. hava pleasura In pr88enlng thdr ryt and th• flnandtl stsl8ments lor the charitabl8 Lyjmpany forth8 yeor end&1 31 2018. The Tnjstees have 8doptal Ihe pro￿￿On8 cl Acctyjnb'ng and Repo￿ng by Chgrfues.. Statwnent of R￿￿MOnday Pr8ctice apPk¢￿Ie to ch￿tieS pTepartn9 thw'r xcounfs in AeLt*dance th• Flnandal ReporNnq in the UK and tha Rwubllc of Ird8nd IFRS 1021 1 Januw 20151. OBJECnVES AND ACTMTIES I￿e￿Ve4 and alm5 Tha objects of the ch8rty are to advarKe the Cathdi¢ r￿l￿on ftt th8 benefit of the public, in parttc¥lar bjt nol exdulivdy, by explaining the docthno &nd wadic8s ofth8 Calhdic f8ith1Sn accord8nce w4th the Ma¥sterfum. Catechlsm and CanDn L8w of the Calholic Chwchl and the rdtsVan￿ to modem sodety 8nd curtur¢ 8nd dwty Ilfo. To fLWther th8 cèlxt5 the ehthty may, Ilmitstltsn, organise and a8dst in thg Prom￿0￿ cl ccfflf8r8nc85, eOW80s. lectures, ¢Jtht88, 8thibiJons, tf8ining 8nd othw 9jU￿tiC￿al SC￿￿￿81,. puLlSsh and dlsirtbuttr books, B￿deS 8n¢ fllrn$', rwy ¢xrt cf p￿01• r•￿￿1￿.. yo¥Ad8 ty procwts 8nd rnoke don*'onJ. Thg tharlty moy, alon8 or wlth other cryan15alSon8, to bnftu￿¢8 put41c Onlon and make representa￿on5 to snd 5e8k to Influ•nc8 govwnmen¢81 8n(J other l)odie8 8nd In8titthon8 W8rdlng the reforn. d8vdokYnOTht and ImrA￿ent￿lOn of apprcprf8te pdlde&. I•31￿410￿ and rnjula￿Ons that dl 8uch &clylties sh811 b8 eonfin•J to th058 wthlch 8n Engll8h and Welsh chartty may rxopety Th• may 8190 est•t41&h. &UFP¢Yt or okl ony other charblabl• atsoYAle￿8. Connxtlon vllh olhor a8Jocloll¢y)$". In fxdw to Bthl•ve It5 Ctiecl8 the chadty liaS$08 Wlh lh• 918hop8' Conference In England and 8nd tha Cathc4ic Comrnunicaiicfi• Nthtyk. 1118, ho￿￿. ¢£¥n￿•t￿¥ lTrJwd￿I of1h0￿ Ix￿￿8. 8tat•m•nt an PU￿1¢ b•n•fil The trustee8 h8ve c4Jn&dw8d the Chthty Ccffimlibn's gL￿o8￿Ce on putrjlc bengfil, Indudng th• 9￿d•￿I 'put￿¢ b￿￿t.. Nnnlng thartty IP82I'. The b￿efitS of the charfty are Op￿ to everyon8. The boneffts wNth 8rlse gro On￿lDg the putlle •t lJrge to und￿l￿d beller th• 108¢hing olihe C8lhrJlc Church 8nd how thi6 16 rd•¥anl lo daly Ille and $00oty. Once p￿e 8r8 prOp￿Y Info￿00 ol I￿)0t the Church leach8J 8Thd vthy. they aro itA• mako gtr*yJt th8 Im￿rtanCe and rdevance ol th8t leo¢hitvJ. The above Is achleved throuth 11 pU￿1C rnodig JJppeor&ntes by elthw the tru91ao8 or by people vtho hllve be￿ Ir8lned by thé tharity,. 21 CV Tho Acadtrny rneellng8 ara wblic events on tcpicd 15sUOs usudly ￿th exiemal $peakar8 and axperts,. 31 CV Conmenl Ich cont￿n￿ r￿Ul￿r al￿d•1', 8#d', 41 th• pu￿1¢ Sw•klng F¥&ar￿a vthlch t￿￿#11 of K*•Mn¢•lIr￿9 by CV tsaln•J &pwk•r on loplc81 issues. The charfty 8180 tr8lnlng 98s$lons for people *• In1•r￿l￿d In undtt$18ndlng Church t•aching and abl8 to communicat8 it effectively.. Sawe of tho ACad￿Y m88Unos 8re fu Ac8dwny mwnbers only and the&e are us&Y Ic reath o belter undw$t￿￿￿"ng ol Church t￿thinG 8nd ￿de how besl this be eWain&J In wblic. Tha ACad￿Y IB op￿ to anyone %tho follows th8 Churth's teaching ar¥J w15hes io doepen Ihar understanth'ng. The￿ Acad*ny meetlngs the training PSP 8e88th8 8160 hove 8 putrJK bw¢fil in that thty attendees lo trAtt8r eypliln Church leBtring In lh• put45cfonm %thethw th8t be infcrnalty with •Ve￿aY 8od•l contscls c¢formoMy t1￿￿gh rntrjia c¢)TrMthwts. Tho truste&4 they ￿¥8 had dtse mgar(J to the wldan¢o ￿ W￿1C b￿8￿¢ 1s8u•J by the Charfty CcThMl￿on In *ldlThJ vth the charfty lho￿￿ un¢Jtrtak& 1 of 13 Catholic Voices Report of the Trustees Continued For the year ended 31 December 2018 ACHIEVEMENTS AND PERFORMANCE Slgnificant aL*ivitbes Cathc4ic v￿CeS speakers v￿e in 50 media interv4v￿ durir$ 2018. There YKre rn8ny intsNews %*ith the BBC, both TV and radb?, induding radio stations Such as Radi04 ITc#Jay and Sunday programme51. Ral and a Crxnm8nt thg Icvc£mment.wgl wN¢h th￿taIn many oflha inierwW￿, of the th'ff8renl Calhdic VrAw wups and rd8vant Issues. FINANCIAL REVIEW Slon6fieant •v•rrts IncLYne f(K the wiod Vd5 £92.807 cwne donatiorvJ£85,332 and other inccffle£7,475. Expenditure w&8 £73,787 giwing 8 net inrxe889 in funds period of £19.020. Two d the tN5t885, Aust￿ Iva￿gh and Jack Valero, %we dwlry the year mwnbvs of the Exw)JUve CLYrrntttw. Jad( Vdero was paid f885 of £13,500 for his services. Thls charge was fL¥ fxganisng event5. carying out r&888rth and bri8fing 8￿k￿8, woMdir4J tralning anij maintainir¥J the C(ynment Blog. He did not chafg8 for sp8aking on behalf of chanty. f¢x attending trustee rneetings or for carrying lis duty as trustee. His fees wtre £360 pw day IL¥ servic85 to Cathdic VrAc8s and £SQO per day for exiffnal trwnlng $8rvi¢es, and thsse bwchmarked against f885 char￿1 by thlrd party u￿sU1tanls to the charty. Austw Ivwdgh dd promdè any paid sem￿ dwng the year. 2of13 Catholic Voices Report of the Trustees Continued For the year endod 31 December 2018 STRUCTURE, GOVERNANCE AND PIANAGEMEP Gov•rnlng do¢um•rt The trus1088 are all d'rfKtU8 aTrJ sre 8￿C￿atICallY m￿ts￿S of the ccfflpany. There are rK) rnunbws we ncl trustees. The truste￿ are r8&pon&trAe for the long temi w81￿. str8t*3y, gLKJd g￿larnanCe and repulation of the charty. In parbojlar the trLUtaos have a duty to ensur8 that all public Stat￿entS and oxnmuThcalons 8ff8dvely express tha teaching of the Calhdlc Church. The trnate85 hdd bwd rneetings awoMm8tdy eV￿Y quarter. The day to d8y managwent of the cha￿ty 1$ fxthed by Ihe Ex￿U￿Ve Ccmmlttg8 vthlch cOn￿st8 of four ctrorthnalc¢5 who report lo the ITu5tees al each board meeting. The chanty does not have any em￿oYeeS and Ihe m￿)berS of the Executive Ctynmittee are p8id lee on 8 time tlgws a& self ￿nplO￿l ￿n8￿l￿nIs. DurirvJ the yaar a d￿l￿on was t8keTh 8pFK¥nt a Ch'of EXEr￿ti¥￿ Officer &8 8ri n[40￿ from 1 Januwy 2019 to wtyk on 8 Ihree to four day pw week basi$. Th? charfty &lso ha$ an unpdd thapl*n. Fr Sl8ph8n Wang Trusto88 Jad( V•lwo and Au8len Iverdgh r￿Say to bo trus1￿ on 31 Docembor 2018. The wpecuve rdes 8Th1 dutle6 of the trustees 8nd the ExecutNe C￿MIttee 8ra 8et cxrt In the 04'octi¥85 Bnd Go¥•m8nce ¢JoCum￿t Is updat￿ on a r•3ular b￿1$. Tha charlty ha5 a Flsk ccrfnrn￿I0e and has adoFl&J a Pjik Rr4lJier and Conllds of Int•rest Pdlcy nd Conftlcts of Inlwe$t Re9I8¢er. REFERENCE AND ADMINISTRATIVE INFOIIMATION Nwn• of Chartty Ch4rlty rnkl•trBtlon nwnb•r Company r•gl•tr•tlon nurnb•r Prlnclpal iddr••• Cathclic VtAc 1142482 07493768 Cuckoo Hlll F￿￿ Cuckoo Hlll Plnn Middl8s•X HA5 2BB Tru•t••• The tru8tovi and offlcwl I￿n9 durfn9 the year and 8inc• the y•ar ww• a8 Ic41V￿.. Mr AU￿Tr AverNII fverdgh Mr Chrf8lopher John Morg8n Mr Jack Vawo Mr John MC￿e￿ Mr8 Laur8 Louise O'Ar Mrs Elzabeth Msrgar•t Anne Howwd Ms Mary Rulh a8rkson Inde￿ndfrnt •x•nlnDrt D8vwn FCA I4￿151 Sp8rrow5 H*n• Bushey Heoth W8U¢yd Lk)yd8 88nk Flc Nottlng Hlll Gate Lcfidon 3of13 C81holic Voices Report of Ihe Trustees Continued For the year 6nded 31 Dec6mb8r 2018 Soll¢ltor• B8te8 Wd18 & Br*thwaite London LLP 2.6 Cannon Streot London EC4M 6YH Approvttj by Ihe Board d TnJ&e85 and ￿gn*j ￿ its t4haW 31 July 2019 Mr.Chrt&ophtt.JcthiAIw............................... 4of13 Catholic Voices Independent Examiners Report to the Trustees For the year 8nded 31 D8cemb8r 2018 I rqythtto the truslees my e￿in￿￿on dlhE aCZAVrt5 dthe ctharilaile c£rywryknthB yw 31 2018. R•*pOn•1￿1rt1•l •nd b••l• olMp¢rt As the thanty TNao9s, ore *so dir&*n the rlc4wy1ow, ar¢ re1p￿sl￿O th8 preparat￿ d account8 in ac¢¢yd8nce %•ith the re¥uifunuts cl the C(mpariÈs Acl 2CK6 Ilhe 2006 AL*I. Ha¥in9 M￿￿that th• acttyjiis cl C¢mpary •• wNr•J io b• a￿￿rt•J undw Part 16 %JO6 Acl we ￿￿ble for in@￿d￿l gxorninth￿, I rwt in rw cl my ex2minal>M c4 th￿$ aco)Jrts c8rri￿ C￿rt s&11Lm 145 of Ih Charibes 2011 llhe 201 t Art). In cwrying my examinats.on I +￿e the ￿"TeL￿On5 gNeA) by the Charity Clynmission undw se¢Oon 14515Mbl clthe 2011 ￿. I have r￿mplet￿ rny wminatiorL I Ih&t no mths have0￿8 to my thn•on in th• •YAmin•kn me cau$8 to bdlevo that in arty rn8t&id r￿p￿1.. l. •xounOng not kept in rwl Dfthe CcffjF•rry as r•]uw•J by 386 Of1￿ 2LTh Act.. or 2. th* 8ccount8 nd acwd ￿th rwls,. or 3. the accounts (b ncl Lyyr¥4y iho rwjutrwnwls olwvfm 396 ofthe 2006 Art rAhw thon any r•lL￿T￿n￿l the Bcojunls a Irue and fair vivk whth 18 ncrt a ffj8tter con5idw•J as parf of an Indow￿d￿rt exarnlnaoon". 4. th* ar￿￿nIS have not W prwarwl in acwdance ¥fith the metl*)Js pnnaF4•5 clthe s1atvrn￿I for *cwJrting re￿rIng by 10 ¢hth*06 thdr •rxwnts In ￿cL￿d0r￿a ￿1h tho Rn8nad Reporong Standwd •pk4lc•￿8 in th8 UK and IFRS 102 I h8v• no ts)ne•n$ and h8v• ¢omo •uiJ•• no rAh8r m*tws kn the examIrn¥C￿ to •hcAAd b• dr•wn In th18 r¢wt In lo w•t49 • ofth8 io be re1c*￿. Fwgal Da 14￿151 H•olh WaU¢yd Harts 31 JLIY 2019 Sd13 Catholic Voices Staternent of Financial Activits"es linduding Income and ExpendilU￿ ACc￿nt) For the year ended 31 December 2018 UnmlrfL#•d lund8 2017 Incame and endo*Thertsfr¢ffi: Donaoons and legaae5 Charitat48 adNf085 77,704 5,7PLI 81464 7,475 91807 Totsl Exp•ndllur• on: PA￿n9 furx1s CharitstA$ aclw.es Total 16,S971 188.7661 195.3531 173,787 1717871 Net IncOm•l•xp￿thiW• RéconcMl•Uon alfvttd• Tcrta funds Èfougm Totsl carrled fonvard 19.020 111.8891 11,414 JOM34 23.303 6cll3 R￿18t￿￿1 Number.. 07493766 Catholic Voices Statement of Financ4al Position As at 31 December 2018 2018 2017 Cutt•nt •s••ts 10 460 40,492 40,952 40,952 40.952 129,5381 11A14 Cash al bank aTrJ in h 35.014 35,014 3S014 35.014 14.Sg01 A34 Total as8ets 1088 cuivent Cr•dtt￿ am4)wrt• Mlng du• After more on• ymr The fvnd• ofth• th¥ity UTrrestrided irK¥Jnefvnd5 12 11,414 11A14 Total fvnds 30834 For Ihe year ￿d￿l 31 [l￿￿￿b￿ 1118 was ￿t￿l to exwntkn fr[￿ wjt urvJw ￿on 477 of the C(*nparies Acl 2006 rdabng to smal Umnpanies. The rnwnbws have fiot wi*r•Y the CLYWtryto ¢*kn"n ￿ wjtt d ts 8ccxx￿ts￿y1he yeorln 4￿$tr"￿ In actL*d8nce*ith wb.on 476, Thg truste8$ 8¢kn¢yhl&*e th•'r reswv￿.l￿.AS fr* Ihe res￿ io ac￿tiThJ rwds and the gn&l c(wnparHes Fegirne. fruslee 31 j￿Y2019 7d13 Catholic Voices Notes to the Finanoal Ststements For the year ended 31 December 2018 1. A¢¢ourbllng Pold 8a•l• of •c¢ourtlng The fiThgnaal staemuts h*e beth urKJ¥ the co# (￿¥￿￿n. exL*Pt investrnats ¥e inclwyed at market vdue and the revdua1c￿ clcertain fix￿ assets and Tr*iih the Ch￿.88 SORP IFRS 1021 and Repthng by Chwitses. Sat￿ent d Rerunments1 Prad)r* ar¥AutJe to I*¥￿"8S prepariThJ thwwJLnts in ￿an￿ vAlh tha Finana* SlaThJard awli(the In the UK 3nd RepuiAic (rf Irdarmj IFRS 1021 lth.ve 1 Januwy 20151-Finw(ial R8ports'ng Standard 102 the FinarK4al Rwbng Slar¥J8rd aFf4Katle in the UK and Rwt4ic of Irdand IFRS 1021, and lh8 CathdKV£ice5 rneet5 the dtffinth￿ of a kMjtI￿ undu FRS 102. Assds •vJ liab"lties *e li)￿aY￿nists9 at historiea cost (f tran￿￿c￿ vdue urd85s clhwwrise stat•J inthe rdwant XCLxJnting pc4icy n￿￿51. The Trustees have takn ad¥grtsJe ofth8 FRS 102frun a fash Ilfm St0twn￿t in Ihefinaniial st￿￿￿ts on thegrrwrKts th* Ihe tharttatA8 rg*iitwiy is gnJl. Fuhd¥ ReSInfA￿ funds orty be US￿ p8r*"adar restsia￿ wry¥)sEs Iwlhin the oflhe tharty. Re5tricbLTh arise wh fi￿j by the dcfK¥ ¢￿￿en funds are f(Y paitirjjar r85tridaJ wrF(685. Further e￿ana￿￿ oflhe natwe and purpose of fuThl is in tha tr> lh8 ￿￿￿t* Inc#mlng vesourrns Atl inoxne is r8cognisgJ in th8 &atanent cl Fina￿a* kn"¥tss the has tothe fuThJs it is probatle th#t ih R••our¢•s •xp•TrNl•d Liai¥lities are rec(WJTh￿j a5 eypwdilure 85 5c#)n a5 IJ￿8 is a l* thAigatiM rxyrmittinu Ihe th8rityto th81 ewdibjre, It is prc&th that a trarnsfer 0f￿x￿(xniC be Twvir*J in sdlwnent the arnourt ￿ the can be measwed rdiatAy. Exp￿dit￿e is for an acryu*s ba515 has be￿ daS$fi￿ headirrf>5 that aggrnaate all C051 rdated lo the caiwwry. Whwe costs (￿ncl bB (lirxoy a1ribJ￿j to pkndar he￿Ir￿ Ihey have b88n allocatal to ¥aNitses C￿ a bass c£￿&stent *ith the us8 d resoJrt85. Taxalon 2. Inc¢mg frcyn donth* •nd 1og•d•s 2018 2017 Donabons r￿1Ved 85.332 TT,704 W32 77.704 8c+13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2018 2018 2017 Unrestrldtd funds Oth&rtradKg *d￿k￿S In¢c￿e th th8ritatrA8 actiMti88 62S 7.475 5,760 7,475 4. Co¥ts ol¢hwtt4bl• •¢llvltl•• bylund typ• 2018 2017 UnrMtrl¢tsd lund• Other trsdlng a￿vI￿a$ Support C0515 60,820 13,167 81,293 7.473 73,787 88.766 Costs of chwllabl• acllvlU•# ty•¢llvlty typ• Grant lunthng Support ¢o•t• ot actlvhlos 2018 2017 Support co* Othw trading athvfaes 60,620 13.167 73,767 88.766 9of13 Catholic Voices Notes to the Financial Statements Continued For the year ended 31 December 2018 6. Analysls 018UPWt co 2018 2017 Other twudlnq •ctlTthtI•8 Management Web and CCfflPLrter costs Traw costs Genv81 admtrustr8ts.on 709 611 716 525 Bank th8rg8S Subscription6 151 172 151 2.9)S Gov8manc• costs A¢wuMancy lees Lwdal faÈs 2,1CNJ 8,ClJ3 10,103 2.￿0 2.￿8 4,868 13,167 7,473 7. 14•t In¢tyn&l•xp•ntitur•l forth• y•or This 1$ st**J 8fter ¢harginW1¢red￿"￿gl.. 2018 2017 Ac(xwntan¢y fees 2.100 2,200 9. Cornparatlvo for the Ststwnent ol Flnandal Arthittl The cunpwative year vdues on the Statement of Finan(Aal Actiwles we for fvnds 10. D•btors 2018 2017 Amounts du• wlthln on• y•ar. Trade debtors 460 10cl13 Catholic Voices Notes to the Finanaal Statements Conts'nued For the year ended 31 December 2018 11. Crnility¥.' tslllng due 411•rmov• th•n 2018 2017 Trade 25.338 4,200 and d￿err￿ 29,538 12. In fwNI• UnYMtrld•d FundB Balanu •t 0110112018 Inc N•t A*s•t8 •¢• l 01￿ y•ar UnMIrf(*•d lund• General I29￿8) 11,414 12Y.$381 11A14 14. CLryryiknfji•d by cathd￿ Vc•c&8 is a bygLww*oe auxyth"nOy does h8¥e a share cama. The liab.ty deach is Ilmit&J to £1. 1*"ng that mwniw to CLYtritxtsto Ihe ass* orfth8 OryBny in the ofits b￿ng up Whi18 he u she is a On&y￿ rl to b8 a munw. 12d13 Catholic Voices Detailed Statement of FinancFal Activities For the year ended 31 December 2018 2018 2017 INCOME AND EIIDOValEN 85,332 77,704 5.332 77.704 P$p Fee In(xme Sale 01 Bc 825 7,475 Total incomlng EXPENtMTURE 91807 Othertradlng acll¥lll•J Cost or Pwks Tr8iniThJ Eyperws 13,6811 1fj,5J71 CharftalAe Fe&8 Pald To TnJstee5 ForTheirWtyk On The I13,5￿) 129,2501 Consuhancy Fee Psp Exwses Training CalhrAic Vcxces A￿J￿nY 137,1451 11,0821 14.0381 11.9)41 12791 11,5421 11,1301 146.6641 I2,￿)) 12.2071 Cv Glcbal N488ting 81c#3 Wiitsng Costs 16721 16OM201 {81.2931 SUPPORT COSTS Web And CLKnwtw Ci6ts Travel C£sts 11.6261 17CQI 17161 11.IX)81 11721 15251 11511 11511 Bank Charges SutsfxirAM8 13.0641 12,fj051 A¢LtyJntanGy F Lgjal Fee 12,1txII 18,W31 12,3(Kll 12.5681 110.103) 14,8681 Total mourc•s •xp•nd•d (T3.7871 19SJ53} Not Inc(Yn• 19020 111,8891 13d13 CathcAic Voic*s Independent Examiners Report to the Trustees For the year ended 31 December 2020 PA•pon•llhYItIM •r4d bath of rwt £ordanco wilh Ihe requwanerrts d the Conyanies 201% Dhe 2rTh *lrf). HavrMJ sal1sf￿d M￿￿that the accrrtmts d the Gynpany ￿ ncl requTrJ to be undw 16 d th¢ 2006 Act a)d arg eligible for independent examin&*Jn. l TeF*Yt in re8w# cl my $X￿1n•t￿ rf atxwrts carrled tyjt Lmd•r $8thon 145 of the Charities ALX 2011 Ilhg 2011 Ad). In c￿r*2 ffty eyaThnaticffi I h*• the Dir￿t￿)nS by the C￿lty Cmiis$￿ under 14515Mbl c¢ the 2011 +14a. Ind•p•ndmt •xwnln•r* 1. accI￿r￿ng rec£(ds were Th)t keFI in resm ofthe as by 6ed¥x4 386 crftho 2Cth A¢ or 2. the xcounts (b a¢>>xd t1￿0 r8Lsyds'. or 3. th¢ ar*¥)unts thj the 396 dthe any r•qw8mwrtlfrMt th• aee4Xsnts gNe a and fair i8 fKA a rn*l¥ (￿￿•￿￿ed as port of an K)thF*ndert éxaninobon., aCc￿nting r￿1￿¢g by thwrlies appk*b18 to ch¥ities FYep0rryth8tr￿A￿￿ts the Fwncial Rewling Stsndwd apF4cabl8 ￿ the UK and Repu]* d Ireland IFRS 1021. this r•F#Yt In ￿der to enabk• a vndw*ndry olthe •xwnts to bt reathed. 14￿151 Sprn H eushey Heath Walfc¥d 18 De¢•nbw 2021 s￿13