2021-03-31-accounts - The Daughters Of Jesus CIO

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			Page
Reference and administrative		details
Trustees' annual report			2 - 14
Independent auditors'	report		15 - 17
Statement offinancial	activities		18
Balance sheet			19
Cash flow statement			20
Notes to the financial	statements		21 -42

As at 31	March 2021	March 2021	the total funds comprised:
General	Funds			1,012,201
Designated		funds:	Pensions and Annuity	13,000,00
			Fixed Assets	1,403,462
			Repair Fund	250,000
			Legacy	241,183
			Donation/Pledges	22,000
			Dowr	2 992
				815931840

		FOR THE YEA	R ENDED 31 MARCH 2021
				2020/21
				No.	Average
Group meetings			Frequency	Individuals	No.	Hours	Total hours
Hosting Provincial	Council					6.0	108
Trustees						5.0	60
Community				14		1.0	42
Occasional meals	for clergy		0	0		0.0	0
				No.	Average
Individuals			Frequency	Individuals	No.	Hours	Total hours
Accompaniment			52			3.0	156
Support forsisters	in care	homes	52			2.7	281
Appts: Hosp, dr, optician,		pharmacy	52			0.2	31
Study Group						0.0

						No.	Average
Individuals					Frequency	Individuals	No. Hours	Total hours
Contacting	housebound,	lonely or	elderly		52		3.0	1404
Communion	to housebound				0		0.0	0
Skills coaching —Reading,		Maths			26		2.0	156
Social events with residents							2.0
						No.	Average
Groups and	individuals				Frequency	Individuals	No. Hours	Total hours
Support of	Parish events				52		1.0	156
Participating	in technical	seminars					8.0
Peterborough City Hosp		Chaplaincy	&Thorpe	Hall Hospice	26		8.0
First Communion					0	0	0.0
Bible group					52		2.0	208
English conversation					0	0	0.0	0
Syrian refugees					0	0	0.0	0
Befriending					0	0	0.0
Canterbury	Cathedral						2.5	10

			Unrestricted	Total	Total
			funds	funds	funds
		Note	2021 6	2021f	2020 5
INCOME FROM:
Donations		2	758,461	758,461	4,273
Donated pensions of members		2	260,909	260,909	260,314
Investment income
Listed investment income		3	547,485	547,485	591,921
Bank interest		3			146
TOTAL INCOME			1,566,855	1,566,855	856,854
EXPENDITURE ON:
Raising funds:
Fundraising activities		4	130,793	130,793	83,523
Chadtable activities:
Nursing care establishments			255,291	255,291	278,444
Community houses			158,793	158,793	211,823
Provision of pastoral and parish work			14,171	14,171	16,619
Ministry and support ofmembers	ofthe Order		88,248	88,248	91,412
Donations and support of missions			9,396,378	9,396,378	158,103
TOTAL EXPENDITURE		7	10,043,674	10,043,674	839,922
NET EXPENDITURE BEFORE INVESTMENT
GAINS/(LOSSES)			(8,476,819)	(8,476,819)	16,732
Net gains/(losses) on investments			4,928,063	4,928,063	(2,529,174)
NET INCOME / (EXPENDITURE) BEFOREOTHER			(3,548,756)	(3,548,756)	(2,512,442)
RECOGNISED GAINS AND LOSSES
Gains on revaluations ofassets			96,773	96,7?3
NET MOVEMENT IN FUNDS			(3,451,983)	(3,451,983)	(2,512,442)
RECONCILIATION OF FUNDS:
Total funds brought forward			19,383,823	19,383,823	21,896,265
TOTAL FUNDS CARRIED FORWARD			15,931,840	15,931,840	19,383,823

				2021		2020
		Note		6		6
FIXEDASSETS
Tangible assets		12		1,403,462		1,313,390
Investments		13		22,462,130		17,703,982
				23,865,592		19,017,372
CURRENTASSETS
Debtors		14	19,824		17,146
Cash at bank and in hand			894,917		394,293
			914,741		411,439
CREDITORS: amounts	falling due within
one year		15	(8,848,493)		(44,988)
NET CURRENT ASSETSI(LIABILTIES)				(7,933,752)		366,451
NET ASSETS				15,931,840		19,383,823
CHARITY FUNDS
Unrestricted funds		16		15,931,840		19,383,823
TOTAL FUNDS				15,931,840		19,383,823

					2021	2020
				Note	6	6
Cash flows from operating activities
Net cash	provided by operating activities			18	796,018	(16,809)
Cash flows from investing activities:
Proceeds	from the sale oftangible fixed	assets				553,166
Purchase	oftangible fixed assets				(1,165)	(90,533)
Proceeds	from sale of investments				4,325,075	3,430,581
Purchase	of investments				(5,184,771)	(3,246,695)
Net cash	provided by/(used in) investing		activities		(860,861)	646,519
Change	in cash and cash equivalents	in	the year		(64,844)	629,710
Cash and cash equivalents brought forward					1,879,762	1,250,052
Cash and cash equivalents carried forward				19	1,814,917	1,879,762

INCOME FROM	DONATIONS
		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
		8	8
Donations		758,461	758,461	4,273
Donated pensions of members		260,909	260,909	260,314
Total donations	and legacies
		1,019,370	1,019,371	264,587
Total 2020		264,587	264,587

INVESTMENT INCOME	INVESTMENT INCOME
		Unrestricted	Total	Total
		funds	funds	funds
		2021 8	2021	2020 f
Listed investment	income	547,485	547,485	591,921
Bank interest				146
Total		547,485	54?,485	592,067

RAISING	FUNDS
			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			8	8
Investment	management	costs	86,288	86,288	92,214
Exchange	losses/(gains)		41,906	41,906	(11,229)
Support costs			2,599	2,599	2,538
Total			130,793	130,793	83,523

RESOURCES EXPENDED—	RESOURCES EXPENDED—	RESOURCES EXPENDED—	RESOURCES EXPENDED—
CURRENT	YEAR			Direct	Support	2021	2020
				costs	costs
				8	8	6
Cost ofgenerating		funds
Investment	management		costs	86,288	2,599	88,887	94,752
Exchange losses / (gains)				41,906		41,906	(11,229)
				128,194	2,599	130,793	83,523
Charitable	activities
Maintenance ofmembers
Nursing care establishments				250,959	4,332	255,291	278,444
				250,959	4,332	255,291	278,444
Community	houses
Medical and	healthcare			18,085		18,085	16,570
Food, board	&personal			23,737		23,737	31,424
Travel				11,483		11,483	18,054
Maintenance	of buildings			17,354		17,354	22,510
Running costs				19,276		19,276	39,336
General expenses				1,862		1,862	3,729
Professional	fees			8,250		8,250	23,945
Depreciation				7,867		7,867	7,101
Wages and	salaries			10,592		10,592	9,814
Support costs					40,287	40,287	39,340
				118,506	40,287	158,793	211,823
Provision ofpastoral and parish work
Pastoral				100		100	243
Travel				3,178		3,178	2,880
Loss/(Profit)	on sale	oftangible					2,145
assets
Formation &Cult				8,232		8,232	8,720
Interest payable				1,795		1,795	1,785
Support					866	866	846
				13,305	866	14,171	16,619

RESOURCES EXPENDED—	RESOURCES EXPENDED—
CURRENT	YEAR(continued)
		Direct	Support	2021	2020
		costs	costs
		8	f	6
Ministry and support ofmembers
ofthe Order
Travel
Congregation		5,170		5,170	9,086
Donations	(Generalate)	80,479	2,599	83,078	82,361
Exchangelosses					(35)
		85,649	2,599	88,248	91,412
Donations	and support of missions
Donations	and support of missions	9,390,746	5,632	9,396,378	158,103
Travel
		9,390,746	5,632	9,396,378	158,103
Total		9,987,359	56,315	10,043,674	839,922
Analysis 2020
		784,930	54,991	839,922

RESOURCES EXPENDED—	RESOURCES EXPENDED—	RESOURCES EXPENDED—
PRIOR YEAR			Direct	Support	2020	2019
			costs	costs
Cost ofgenerating	funds
Investment management costs Exchange losses / (gains)			92,214 (11,229)	2,538	94,752 (11,229)	86,821 28,959
			80,985	2,538	83,523	115,780
Charitable activities
Maintenance ofmembers
Nursing care establishments			274,214	4,230	278,444	297,013
			274,214	4,230	278,444	297,013
Community houses
Medical and healthcare			16,570		16,570	10,551
Food, board & personal			31,424		31,424	37,488
Travel			18,054		18,054	29,300
Maintenance of buildings			22,510		22,510	27,740
Running costs General expenses Professional fees			39,336 3,729 23,945		39,336 3,729 23,945	45,498 3,413 38,153
Depreciation Wages and salaries			7,101 9,814		7,101 9,814	8,273 10,693
Supportcosts				39,340	39,340	46,147
			172,483	39,340	211,823	257,256
Provision of pastoral		and parish work
Pastoral			243		243	3,427
Travel			2,880		2,880	2,781
Loss/(Profit) on sale	of	tangible	2,145		2,145	2,145
assets
Formation & Cult			8,720		8,720	9,097
Interest payable			1,785		1,785	1,772
Support				846	846	1,141
			15,773	846	16,619	20,363

		Direct	Support	2020	2019
		costs	costs
		8	6
Ministry and support ofmembers of
the Order
Travel
					2,278
Congregation		9,086		9,086
Donations	(Generalate)	79,823	2,538	82,361	84,785
Exchange	losses	(35)		(35)	1,859
		88,874	2,538	91,412	88,922
Donations	and support ofmissions
Donations	and support of missions	152,604	5,499	158,103	118,635
Travel					65
		152,604	5,499	158,103	118,700
Total		784,930	54,991	839,922	898,034
Analysis 2019		833,654	64,380	898,034

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ANALYSIS	OF EXPENDITURE45Y~NDIIURETYPE —CURRENT YEAR	OF EXPENDITURE45Y~NDIIURETYPE —CURRENT YEAR	OF EXPENDITURE45Y~NDIIURETYPE —CURRENT YEAR	OF EXPENDITURE45Y~NDIIURETYPE —CURRENT YEAR
		Staff costs 2021	Depreciation 2021	Other costs 2021	Total 2021	Total 2020
Expenditure	on fundraising
activities		1,162		129,631	130,793	83,523
Cost of raising funds		1,162		129,631	130,793	83,523
Maintenance	of members	1,937		253,354	255,291	278,444
Community	houses	28,610	7,867	122,316	158,793	211,823
Provision ofpastoral and parish work		387		13,784	14,171	16,619
Ministry and support of members ofthe Order		1,162		87,086	88,248	91,412
Donations and support of missions		2,519		9,393,859	9,396,3?8	158,103
Charitable	activities	34,616	7,867	9,870,399	9,912,881	756,399
		35,778	7,867	10,000,029	10,043,6?4	839,922
Total 2020
		33,084	7,101	799,737	839,922

ANALYSI	S	OF EXPENDITU	RE45Y~DIT	URE TYPE —P	RIOR YEAR
			2020	Depreciation 2020	Other costs 2020	Total 2020	Total 2019
				8	f	8
Expenditure		on fundraising
activities			1,074		82,449	83,523	115,780
Cost of raising funds			1,074		82,449	83,523	115,780
Maintenance		of members	1,790		276,654	278,444	297,013
Community		houses	26,461	7,101	178,260	211,823	257,256
Provision	of pastoral and
parish work			358		16,261	16,619	20,363
Ministry and		support of
members	ofthe Order		1,074		90,337	91,412	88,922
Donations	and support of
missions			2,327		155,776	158,103	118,700
Charitable		activities	32,010	7,101	717,288	756,399	782,254
			33,084	7,101	799,737	839,922	898,034
Total 2019
			21,605	8,273	868,156	898,034

GOVERNANCE COSTS
	Unrestricted	Total funds	Total funds
	funds	2021	2020
	8	8
Audit and accountancy fees	7,410	7,410	8,700
Professional fees	5,497	5,497	2,790
Travel	15	15	3,488
Wages and salaries	8,226	8,226	7,875
Insurance	1,085	1,085	943
Total	22 232	22,232	23,796


9.	NET INCOME/(EXPENDITURE)
	This is stated after charging/(crediting):
						2021	2020
						6	F
	Depreciation oftangible fixed	assets:				7,867	7,101
	Owned by the charity Exchange losses / (gains) on foreign currency Loss on sale oftangible assets					41,906	(11,264) 2,145
10.	AUDITORS' REMUNERATION
						2021	2020
						E	2
	Fees payable to the charity's	auditor and its associates			for the audit of	7,410	9,000
	the charity's annual accounts
	Fees payable to the charity's All Other non-audit services	auditor and its associates			in respect of;	840	1,680
11.	STAFF COSTS
	Staff costs were as follows:
						2021 8	2020f
	Wages and salaries Social security costs including Other pension costs	Employers'	allowance	refund		41,342 509 2,153	39,529 (353) 1,783
						44,004	40,959
	The average number ofpersons employed		by the charity during the year was as follows:
						2021	2020
						No.	No.
	Suortstaff					3	3

TANGIBLE	FIXEDASSETS
		Freehold	Motor	Fixtures and
		propertyf	vehicles 8	fittings 8	Total 8
Cost or valuation
At 1 April 2020		1,269,227	60,918	86,249	1,416,394
Additions				1,165	1,165
Disposals
Revaluation	Gain	96,773			96,773
At 31 March	2021	1,366,001	60,918	87,414	1,514,333
Depreciation
At 1 April 2020			41,840	61,164	103,004
Charge for the year			3,816	4,051	7,867
On disposals
At 31 March	2021		45,656	65215	110,871
Net book value
At 31 March	2021	1,366,001	15,262	22,199	1,403,462
At 31 March	2020	1 269227	19078	25086	1 313390

FIXEDASSET INVESTMENTS
	Listed
	securities
	8
Market value
At 1 April 2020 Additions	17,703,982 5,184,771
Disposals Revaluations	(4,772,810) 4,886,109
Cash balances movement	(539,920)
At 31 March 2021	22,462,130
Historicalcost	17,764,137

Investments at market value comprise:	UK 8	Overseas 8	2021 8	2020 f
Listed investments	13,005,147	9,456,983	22,462,130	17,703,982

DEBTORS
				2021f	2020f
Prepayments	and	accrued	income	19,812	17,146
				19,812	17,146

CREDITORS: Amoun	ts falling due within one year
		2021	2020
		E	f
Trade Creditors		12,195	5,911
Other taxation and social security		511	287
Other creditors		1,151	34
Solidarity Investment	Fund	8,796,381
Accruals and deferred	income	38,255	38,756
		8,848,493	44,988

		Balance at	Income	Expenditure	Transfers	Gains/	Balance at
		1April			in/out	(Losses)	31March
		2020					2021
		E					E
Designated	Funds
Pension and	annuity	10,000,000		(53,621)	580,366	2,473,256	13,000,000
Dowry		2,949	44				2,993
Legacy		239,388	3,591	(1,795)			241,183
Fixed Assets		1,313,391		(7,866)	1,165	96,773	1,403,462
Repair fund		250,000					250,000
Donation pledges		45,000			(23,000)		22,000
International
Solidarity fund		6,564,720		(57,064)	(8,835,801)	2,328,146
		18,415,447	3,635	(120,347)	(8,277,270)	4,898,175	14,919,640
General funds
General funds		968,376	1,563,220	(9,923,327)	8,277,270	126,661	1,012,200
Total unrestricted
funds		19,383,823	1,566,856	(10,043,674)		5,024,836	15,931,840
Total offunds		19,383,823	1,566,856	(10,043,674)		5,024,836	15,931,840

			Balance at	Income	Expenditure	Transfers	Gains/	Balance at
			1April			in/out	(Losses)	31March
			2019					2020
			E			E	E	E
Designated		Funds
Pension	and	annuity	9,000,000		(54,420)	2,597,630	(1,543,210)	10,000,000
Dowry			2,904	45				2,949
Legacy			237,606	3,564	(1,782)			239,388
Fixed Assets			1,785,269		(9,245)	(462,634)		1,313,391
Repair fund			250,000					250,000
Donation	pledges		176,000		(59,000)	(72,000)		45,000
International
Solidarity	fund		7,372,165		(32,338)	35,045	(810,152)	6,564,720
			18,823,944	3,609	(156,785)	2,098,042	(2,353,362)	18,415,447
General	funds
General	funds		3,072,321	854,871	(684,963)	(2,098,042)	(175,812)	968,376
Total unrestricted
funds			21,896,265	858,480	(841,748)		(2 529 174)	19383 823
Total offunds			21,896,265	858,480	(841,748)		(2,529,174)	19,383,823

ANALYSIS OF NET ASSETSBETWEEN FUNDS -CUR	RENT YEAR
	Unrestricted	Total
	funds	funds
	2021	2021
	8	F.
Tangible fixed assets Fixed asset investments Current assets	1,403,462 13,665,761 9,7«,«0	1,403,462 13,665,761 9,7«,«0
Creditors due within one year	(8,848,493)	(8,848,493)
	15,931,840	15,931,840

ANA	LYSIS OF NET ASS	ET	SBETWEE	N FUNDS	- PRIOR YEAR
					Unrestricted	Total
					Funds	funds
					2020	2020
						6
Tangible fixed assets					1,313,390	1,313,390
Fixed	asset investments				17,703,982	17,703,982
Current assets					411,439	411,439
Creditors due within one year					(44,988)	(44,988)
					19,383,823	19,383,823
18.	RECONCILIATION	OF NET MOVEMENT			IN FUNDS TO NET CASH FLOW FROM OPERATING
	ACTIVITIES
					2021	2020
					6	8
	Net income/(expenditure) for the year (as per Statement of Financial
	Activities)				(3,548,756)	(2,512,442)
	Adjustment for:
	Depreciation charges				7,867	7,101
	Unrealised (Gains) /	losses on investments			(4,505,839)	2,518,823
	Loss on sale offixed	assets				2,145
	Exchange movement				41,907	(11,264)
	Decrease/(increase)	in	debtors		(2,666)	1,507
	(Decrease)/increase	in	creditors		8,803,505	(22,781)
	Net cash provided	by	operating	activities	796,018	(16,809)
19.	ANALYSIS OF CASH AND CASH EQUIVALENTS
					2021	2020
					8	6
	Cash in hand				894,917	394,293
	Held within investment		portfolio		920,000	1,485,469
	Total				1,814,917	1,879,762

ere made to th	e institutions listed below for support o	f work in the following areas:
		National	International
Development
Manna Society		6,000
4x Libraries in	DRC		5,365
Kinshasa Literacy Centre			14,307
Battery for Lai	High School		5,991
Total Development		6,000	25,664
Education
Louie's Helping	Hands	5,000
St Gregory's Catholic School		5,000
Total Education		10,000
Health
Air Ambulance		5,000
Alzheimer's Society		6,000

DONATIONS		(con	tinued)
				National	International
				f
CAP/M EN CAP				5,000
Cancer Research				6,000
Dementia				5,000
Doctors ofthe		World		20,000
Frontline 19				10,000
Hospice UK				5,000
I CAP				10,000
Marie Curie				5,000
Medecins Sans		Frontiers			23,000
Medical aid for		Palestinians		5,000
Mercy Ships				5,000
Orbis				5,000
Practical Action				5,000
SCOPE				5,000
SPICMA				5,000
Stroke Association				5,000
The Bhopal Medical			Centre	5,000
The Brainwave		Centre		5,000
The Leprosy Mission				6,000
Ursuline Westgate			Community	26,000
Total Health				154,000	23,000
Humanity
Cardinal Hume		Centre		5,000
Freedom from	Torture			5,000
Habitat for Humanity				7,000
Hope in Action				5,000
Housing Justice				6,000
Kent Refugee	Help			5,000
Mary's Meals				5,000
MIND				5,000
Peterborough	Food		Bank	5,000
Red Cross				5,000
ShelterBox Trust				5,400
St Mungo's				5,000
Survivallnternational				5,000
Survive - MIVA				5,000
ZANE				5,000
Total Humanit				78400

DONATIONS (continued)	DONATIONS (continued)
					National	International
Religion
Aid to the Church					5,000
CAFOD					6,000
Christian Aid					5,000
Depaul UK					5,000
Missio					5,000
African Daughters	ofJesus	Province				35,769
France Daughters	ofJesus Generalate					44,711
France Daughters	ofJesus Generalate —Solidarity		Investment	Fund		8,796,381
Amazonian Dioceses						61,701
The Margaret Beaufort Institute					5,000
The Society ofSt Columbo					5,000
Total Religion					36,000	8,938,561
Social Welfare
Age UK					5,000
Apostleship ofthe	Sea				5,000
BBCChildren in Need					5,000
CF Dream Holidays					5,000
CHICKS					1,000
Crisis					5,000
Emmaus UK					6,000
Farm-Africa					5,000
Field Lane					15,000
Go Beyond					5,000
John Bradburne -	Mutemwa				5,000
Oasis Domestic Abuse					5,000
PARCA					15,000
Prison Advice					6,000
Centre D'Alphabetisationet		de Rattrapage Scholaire-
Support for Street	Children					21,819
Young Girls' Home	in Mora	North Cameroon				22,355
RNLI					6,000
Royal British Legion					5,000
Royal Foundation	St Katherines				5,000
Salvation Army					13,100
Sue Ryder					2,000
The Railway Children					5,000

NATIONS (continued)
	National	International
	f
The Toybox	5,400
TRCP —Jesuit Refuge	5,000
Total Social Welfare	134,500	44,174
Environment
PECT	5,000
Treeaid	5,000
Wateraid	5,000
Total Environment	15,000
Total	434,400	9,031,400