**Charity Registration No. 1169317**
# **CARITAS DIOCESE OF SHREWSBURY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2021**
## **CARITAS DIOCESE OF SHREWSBURY**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Rt Rev Mark Davies (Chair)|
|---|---|
||Mrs Carol Lawrence|
||Mrs Anne McMullan|
||Canon Philip Moor|
||Mrs Christine Smith|
||Rev John Fegan|
|**Charity number**|1169317|
|**Principal address**|Caritas Diocese of Shrewsbury|
||Wheatland Lane|
||Wallasey|
||Wirral|
||Merseyside|
||CH44 7ED|
|**Independent examiner**|Simon Evans FCA|
||Lewis Evans Partnership LLP|
||The Oaks|
||3 Village Road|
||West Kirby|
||Wirral|
||CH48 3JN|
## **CARITAS DIOCESE OF SHREWSBURY**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 7|
|Independent examiner's report|8|
|Statement of financial activities|9 - 10|
|Statement of financial position|11|
|Statement of cash flows|12|
|Notes to the financial statements|13 - 30|
## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
The trustees present their annual report and financial statements for the year ended 31 March 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution , the Charities Act 2011 and "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)".
## **Objectives and activities**
## _Objectives:_
The charity’s objects are to further the general charitable works of the Roman Catholic church in accordance with its teaching both in the Diocese of Shrewsbury and elsewhere in the United Kingdom in particular, but not exclusively, by providing services and facilities for the relief of poverty and suffering, the advancement of education, the promotion of social justice including the advancement of human rights and the promotion of religious or racial harmony and other charitable acts which promote the development of individuals and communities for the public benefit, for the benefit of people of all faiths and none.
## _Aims and Activities:_
The charity’s activities are directed to children and young people without the support of families and in need, children, and young people at risk. In addition to children and young people, the charity also aids people with disabilities, the aged, the vulnerable and individuals, families, communities and groups who are in need. Currently the charity has bases in Wirral, Shrewsbury, and Wythenshawe where it carries out these activities.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## _Use of volunteers:_
Volunteers provide additional support and capacity enabling the charity to deliver its aims. During the period volunteers were used to support work in distributing food parcels to families at Christmas, in providing counselling, and family support and the general work of Caritas.
## **Impact of Covid-19 pandemic:**
As recognised in the previous financial statements the impact of the Covid-19 pandemic has materially changed the world as we knew it, both financially and in the delivery of our projects. The Charity has had to adapt with pressures on income through reduced donations and further pressures on the need for our services and the inability to hold face-to-face meeting with those who need our support the most.
## **Achievements and performance**
## _Family & Community Support:_
**Family Support through Schools** is our cornerstone support project and has been delivered successfully for over eleven years (previously through Catholic Children’s Society). Through the dedicated of experienced staff and volunteers, including social-workers, counsellors, and family support workers, we possess an excellent knowledge of local services both voluntary and statutory to deliver this service in collaboration with other agencies. The skill set and experience of our team include, evidence based Parenting Programmes, Safeguarding, SEN, Bereavement, and Family Support, including CBT on various support groups for example anxiety, anger, domestic violence, mindfulness.
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## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Family & Community Support (continued):_
The aim of the service is to support pupils or family with any difficulties they may be experiencing through an assessment of needs and the development of a tailored support action plan.
The objectives of the service are to:
- Remove barriers to learning and participation.
- Develop the full potential of individuals within the values and ethos of their school.
- Nurture the emotional development of individual children, young people and families within the school and home community.
- Address critical personal and social issues.
- Develop new skills, knowledge, attitudes, and values that assist children and young people in reaching their full potential.
A key element in the success of the programme is continuity of service and the value of face-to-face meetings. As the implications of lockdown began to take hold the existing issues surrounding these families are exacerbated due to further stresses upon their mental wellbeing, caused by isolation, impact of home schooling, delayed waiting lists (e.g., CAMHS), in addition to the increased level of financial insecurity, domestic violence and child to parent abuse.
Our approach had to adapt to a rapidly changing environment to maintain a regular service of support and increased challenges facing the families. Through technology and where needed covid secure meetings the timetable of meetings was maintained.
The feedback received around our service during these troubled times have been how we have helped them remain focussed and feel like they are achieving goals they didn’t think they were capable of, home-schooling, projects, exercise, and healthy eating and mental health and wellbeing.
Currently the activity of this programme that is delivered through 15 schools have supported:
- 101 children.
- 165 adults.
- 300 siblings and extended family
Caritas operates an **Early Help Community Matters** contract with Wirral Borough Council and builds upon our existing experience of family support through schools – we act upon a referral and perform an Early Help Assessment Tool (EHAT) to evaluate the support needs of the family through regular meetings. Following that assessment, a bespoke action plan is put into place which may include referrals to various agencies. Caritas would continue to review the process every six weeks and be involved in supporting the family through Team Around the Family (TAF) meetings and any referrals for other support they require as a trusted voice.
The support of this programme is highly reliant on the ability to meet the family face to face and the impact of the pandemic clearly affected our ability to perform the contract in the traditional method. This forced change in dynamic further highlights the importance of the support this contract offers these families, the delivery mechanism moved to telephone and digital support meetings, which added technical barriers as there was a lack of internet provisions and/or devices, which in turn impaired the ability of the children to engage with schoolwork and the increased isolation affected the mental wellbeing of those who were already struggling.
The securing of the **Covid Crisis Funding** allowed us to provide these families with the technical resources to support their children with remote learning and engage with their support group, in addition to the other basic need support of food and utilities.
Through the support of this scheme:
- Supported 77 families dealing with: behaviour management, mental wellbeing, domestic abuse, eating disorders, and school attendance.
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## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Covid Community Support:_
As part of our recognition of the need of our communities during this difficult time and the generous financial support from three donors; the Albert Gubay Charitable Foundation, the National Lottery, and Wirral Borough Council, the Charity has been able to offer a **Covid Crisis Fund** to those who have been financially affected by this pandemic.
Through these funds we have achieved the following vital support to families and individuals within the communities we serve:
- £50,000 of grants distributed to support families with food, utilities, and basic needs
- £31,000 invested in person-centred support
- 446 applications received and processed for a crisis grant
- 385 families benefited from grants supporting 1,055 children and 701 adults
The feedback from the distribution of these funds is overwhelming and highlights a continued need as communities begin to recover but with economic uncertainty around the cost of essentials such as utilities and food.
Headteacher of a Diocesan primary school: - _“Thank you so much for all your support with this family. I have just contacted Mum to ask her to come in first thing to sign the forms and she is completely overwhelmed. She couldn’t talk for crying. I know this will make such a difference to this family and can’t thank you enough.”_
In addition to the distribution of grant funding, the **Hope Community Foodbank** was formed in March 2020, a partnership between Caritas and Catholic Social Action – Wythenshawe and operated from our St. Aidan’s Centre. The objective to support those affected by the spread of the virus. Further partnerships were built with local schools, churches, mosques, food charities, health services, Manchester City Council and community groups who provided food donations and referrals.
During the peak of the pandemic the Hope Community Foodbank was:
- Delivering over 1,200 meals per week
- Supporting 40 families and 15 individuals (81 adults & 67 children)
- 71 volunteers involved in the foodbank, from organising donations and delivering food parcels.
Caritas at Christmas campaign through schools and parishes continues to be a big part of our years’ work and with all that has happened crucially important during this pandemic year. We are incredibly humbled by people’s generosity and care for those who are less fortunate.
- Over £8,000 received in donations
- 127 families supported with hampers, vouchers, and gifts received from schools and parishes within the Diocese.
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## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Refugee Support:_
Our refugee support (Well Project) objective is to provide a safe environment for refugees and asylum seekers, helping them to integrate into the community by developing their confidence, creating an ethos of peer support, and developing closer bonds between different cultures. A key part of the project is to provide conversational English classes to build confidence and reduce isolation. Other activities are based around women’s groups to encourage them to lead the sessions and share their experiences, fears, hopes and dreams.
During the onset of the pandemic, the usual support for the refugees was disrupted and like the other support programmes we engaged with a technical solution to help maintain engagement but on a more 1-2-1 basis rather than a group, with volunteers also dropping in each week with a food parcel to keep in touch and see how they were coping. It became clear that unlike the other support options, language barriers became a challenge as their usual learning environment was disrupted through the introduction of home-schooling, resulting in a knock on effect on clients’ confidence and self-esteem.
A new challenge arose during the year when people seeking asylum arrived and were housed in a local hotel in Manchester. We have been part of the team to support the needs of these families which, under normal conditions, would have been difficult but were exacerbated due to the pandemic. These families arrived with very little in terms of clothing, and some were suffering through malnutrition, and with very little money struggling to buy the most basic of items to keep clean. Through partnering with a local Mosque, we were able to supply more traditional foods and additional grant funding allowing for much needed extra food parcels.
## _Counselling:_
During the pandemic the counselling service had a high number of crisis referrals which were mostly concerns regarding mental health issues in the form of anxiety. Schools reported that mental health services, desperately needed at this difficult time, were almost non- existent due to staff being furloughed. We were able to implement both adult and child friendly C.B.T. strategies in the form of emotional literacy, which enabled the family to use various tools provided within the comfort of their own home.
Between September 2020 and March 2021:
- 6 children received bereavement counselling
- 6 adults received bereavement counselling
- 23 adults received counselling support.
These activities have been partially funded by the Charity Aid Foundation Resilience Fund.
## _Community Impact and Future Support Issues:_
Throughout the course of the pandemic so far, despite all the obstacles of delivery and finance Caritas has found the resources to continue to provide the best service possible, promoting and supporting Practical, Physical, Mental and Emotional wellbeing. Our doors have been open to new service users and a new crisis telephone line was introduced at this time to cope with increased need.
As the easement of lockdown and the economic recovery starts to take shape it is becoming very clear that the continued need of support to our communities is only going to increase. Early market problems around food and energy supply are going to increase anxiety around financial stability as families try to balance their finances. There are also long-term support needs around mental wellbeing as families begin to readjust to “normality” after a long period of isolation.
The ever-changing world has brought an increased need for refugee support with the collapse of the Afghan Government.
- 4 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Community Impact and Future Support Issues (continued):_
It is important to recognise the effort undertaken by our staff who have worked outside their normal hours to assist those in crisis have a listening ear and guidance, in some cases whilst juggling their own need around home-schooling.
We are also extremely grateful to all our volunteers who have enabled us to develop our services and deliver
locally based projects, especially during these troubled times.
It is rewarding to reflect on the fact that Caritas has risen to the challenge and is a beacon of light to those in
need.
## **Financial review**
It was recognised at the onset of the global pandemic that the Charity would be facing a challenging financial period as the impact of lockdown placed a restriction on the charity's ability to collect regular donations, as these are driven primarily through the Churches. These reduced by £25,000 from the previous period.
It was also recognised that there would be an increased demand upon the services offered to our communities and additional need around financial support.
The Charity had built a solid foundation of reserves from the continued funding from Shrewsbury Roman Catholic Diocesan Trusts – Our Mission Together, this funding continued throughout the current period and enters its final year in April 21.
As part of the critical planning highlighted in the previous financial statements, the Charity has attained alternative financial support to cover the loss of donations through grants from several sources, to support the ongoing costs of support and administrative staff but also the identified community need for a crisis fund.
Other regular income during the period arose from School Funding for the continuation of its family support, Wirral Local Authority, parish donations, including the Crib Offerings from parishes as well as funds donated from parishioners who have boxes for loose change that are collected regularly; from providing family support services to schools; and from events held during the year. The largest cost remained staff costs for those delivering the services of the charity.
After establishing a good reserve position and continued careful expansion of staffing plans to meet the objectives of the charity, and the early intervention on funding requirements has enabled the charity to improve those reserves to support and expand future operations. The Trustees are therefore satisfied that the charity is a going concern.
## _Reserves policy:_
The Trustees have set an initial reserves policy of 5% of income as a suitable level from 1 April 2017. Although the Charity has managed to meet its reserve policy it is also recognised that the ongoing implications of the pandemic, and uncertainty around income the current reserve policy of attaining 5% of income will be removed until such time as the threat of Coronavirus disappears.
## _Risk Management:_
The Trustees have in place a risk management process to access risks to which the Charity is exposed, those relating to operational and financial risk. This involves assessing the likelihood and potential impact of occurrence and identifying means of mitigation. Financial risks to the Charity have been highlighted throughout the trustee report, Operational risks to safeguarding children and vulnerable adults are reviewed and updated every year and have been tested by external review through local authority bodies throughout the Charity's work.
- 5 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Future plans:_
The next years’ priorities are:
- Adapting and updating our business plan relative to the pandemic in particular ensuring services are flexible and best meeting local needs, and that funding can be sustained for this. We aim to expand our counselling service, Community Sponsorship work and develop a new home visiting service.
- Ring-fenced funding was received in 2020 for building a community centre in Crewe. Building work will commence in the new financial period.
- Ensuring we can develop work across more parts of the Diocese including new family support work in Runcorn, developing our Shrewsbury services, and community work from the new centre in Crewe.
- Being a strong voice for social justice and speaking up about the root causes of the issues we work to address. Campaigning on child poverty and for deep change for people seeking asylum and refugees, through national coalitions and networks especially the Caritas Social Action Network (CSAN).
- Developing our partnerships with other charities and organisations across the voluntary, public, and
- business sectors to strengthen and diversify our work.
- Improving our communications, and capacity for this, so that Caritas is well known throughout the schools, parishes, and organisations in the Diocese of Shrewsbury and throughout the UK as an active member of CSAN.
- Research and develop a support for the homeless in Shrewsbury.
- The continued development and expansion of our existing support services.
Our 2022 plans will need to be agile, but we know that our work will be more crucial than ever, and we are committed to expanding the range and the reach of our support and services for families and communities across the Diocese. We welcome contact from supporters, and all those interested in our work, to find out how to get more involved in any way and help us connect Caritas to their parish or school.
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation governed by a constitution. The affairs of the Charity are governed by the Trustees under the chairmanship of the Bishop. All Trustees are appointed and removed in accordance with the constitution. The Board consists of two clergy and four laity of the faithful. The clergy Trustees are appointed for their expertise in parochial, spiritual and pastoral matters. The lay Trustees are selected for their skills and experience in charities, business, management and property. Further lay trustees would be chosen to match any perceived skill requirement. New Trustees are provided with the terms of reference and a pack of information relating to the constitution, governance and operation of the Trust.
The trustees who served during the year were:
Rt Rev Mark Davies (Chair) Mrs Carol Lawrence Mrs Anne McMullan Canon Philip Moor Mr Michael Redfearn (Resigned 10 November 2021) Mrs Christine Smith Rev John Fegan
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
- 6 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## _Structure Governance and Management:_
The trustees meet on a quarterly basis, with day-to-day management of the charity being delegated to the Chief Executive, Ben Gilchrist. Between meetings, Mr Gilchrist has regular support from one of the trustees, who provides financial expertise and support.
In order to ensure that the Trustees have the necessary up to date knowledge to govern the Charity, the Chair of Trustees is to instigate a programme of trustee training, delivered by suitably qualified and experienced individuals.
## _Connected Charity:_
The Bishop of the Diocese is Chair of Shrewsbury Roman Catholic Diocesan Trust charity number 234025 and the Council of Management of The Catholic Children’s’ Society (Shrewsbury Diocese) Incorporated, charity number 509793, company number 01400367. Caritas acquired most of the assets and undertakings of the Catholic Children’s Society in December 2016 when it began to operate. Both charities have the use of property belonging to the Diocese of Shrewsbury for which no charge is made.
The trustees' report was approved by the Board of Trustees.
.............................. **Mrs Carol Lawrence** Trustee Dated: 12[th] January 2022
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CARITAS DIOCESE OF SHREWSBURY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CARITAS DIOCESE OF SHREWSBURY
I report to the trustees on my examination ol the financial statements of Caritas Diocese of Shrewsbury Ithe
charity) ft)r the year ended 31 March 2021.
Ro8pon8ibllltles and basis of report
A5 the trustee$ of the charity you are responsible for the preparation of the financial stalements in
accordance wtth the requirements of the ChantiesAct 2011 Ilhe 2011 Act}.
I report in respect of my examination of the charity's financial sta18ments carried out under section 145 of
the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145{51{bl of the 2011 Act
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake th8 examination because l am 8
member of ICAEW, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in acCOrdae with
Accounting and Reporting by Charrties preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 in Preferen to the Accounting and
Reporting by Charrties.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in
the extant regulations bul has now been withdrawn.
l understand that this has been done in order for financial statements lo provide a true and fair view in
?¢cordance with Generalty Accepted Attounting Practice effective for reporting periods beginning on or
after 1 January 2015.
I have completed my examination. I confimi that no matters have come to my attention in connection with
the examination giving me cause to believe that in any material respect.
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act.,
or
the financial statements do not ac¢ord with those records., or
the financial statements do not comply with the applicable requirements conceming the form and
content of aUnIS set out in the Charities {Accounls and Reports) Regulations 2008 other than any
iequirement that the accounts give a true and far view which is not a matter considered as part of an
independent examination.
I have no concems and have come across no other matters in connection with the examination to whh
attention should be drawn in this report in order to enable a proper nderSnding of the financial statements
to be reached.
Simon Evans FCA
Lewis Evans Partnership LLP
The Oaks
3 Village Road
West Kirby
Wirral
CH48 3JN
Dated.. 13 January 2022
## **CARITAS DIOCESE OF SHREWSBURY**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general d esignated**
**2021**
**2021**
**2021**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
285,813
21,775
169,994
Charitable activities
**4**
50,857
-
89,564
Other trading activities
**5**
-
-
-
Investments
**6**
786
-
-
Other income
**7**
-
-
-
**Total income**
337,456
21,775
259,558
**Expenditure on:**
Raising funds
**8**
359
-
-
Charitable activities
**9**
307,261
20,545
190,361
**Total resources expended**
307,620
20,545
190,361
**Net incoming resources before transfers**
29,836
1,230
69,197|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2021**
**2020**
**2020**
**£**
**£**
**£**
477,582
302,774
565,558
140,421
3,720
125,332
-
1,006
-
786
1,507
-
-
480
5,300
618,789
309,487
696,190
359
3,447
-
518,167
212,937
251,594
518,526
216,384
251,594
100,263
93,103
444,596|**Total**
**2020**
**£**
868,332
129,052
1,006
1,507
5,780
1,005,677
3,447
464,531
467,978
537,699|
|---|---|---|
- 9 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general d esignated**
**2021**
**2021**
**2021**
**Notes**
**£**
**£**
**£**
**Net incoming resources before transfers**
29,836
1,230
69,197
Gross transfers between funds
53,711
1,628
(55,339)
**Net income for the year/**
**Net movement in funds**
83,547
2,858
13,858
Fund balances at 1 April 2020
134,488
-
551,800
**Fund balances at 31 March 2021**
218,035
2,858
565,658|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2021**
**2020**
**2020**
**£**
**£**
**£**
100,263
93,103
444,596
-
(84,433)
84,433
100,263
8,670
529,029
686,288
125,818
22,771
786,551
134,488
551,800|**Total**
**2020**
**£**
537,699
-
537,699
148,589
686,288|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 10 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **STATEMENT OF FINANCIAL POSITION** _**AS AT 31 MARCH 2021**_
|**Notes**
**Fixed assets**
Tangible assets
**14**
**Current assets**
Debtors
**15**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**16**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**17**
Unrestricted funds
Designated funds
**18**
General unrestricted funds|**2021**
**£**
3,524
837,508
841,032
(64,290)
2,858
218,035|**£**
9,809
776,742
786,551
565,658
220,893
786,551|**2020**
**£**
57,069
680,749
737,818
(63,438)
-
134,488|**£**
11,908
674,380
686,288
551,800
134,488
686,288|
|---|---|---|---|---|
The financial statements were approved by the Trustees on 12[th] January 2022
..............................
Mrs Carol Lawrence **Trustee**
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## **CARITAS DIOCESE OF SHREWSBURY**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Notes**
**Cash flows from operating activities**
Cash generated from operations
**22**
**Investing activities**
Purchase of tangible fixed assets
Investment income received
**Net cash used in investing activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2021**
**£**
(6,916)
786|**£**
162,889
(6,130)
-
156,759
680,749
837,508|**2020**
**£**
(6,167)
1,507|**£**
532,720
(4,660)
-
528,060
152,689
680,749|
|---|---|---|---|---|
- 12 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **Charity information**
Caritas Diocese of Shrewsbury is a Charitable Incorporated Organisation ('CIO') registered in England and Wales and the governing constitution is dated 22 September 2016. The address is Caritas Diocese of Shrewsbury, Wheatland Lane, Wallasey, Wirral, Merseyside CH44 7ED.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "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)". The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income derived from activity and grants is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
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.
- 13 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 33% on cost Office equipment 33% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 14 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 15 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **3 Donations and legacies**
|**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general d esignated**
**2021**
**2021**
**2021**
**£**
**£**
**£**
Donations and gifts
26,555
8,475
-
Legacies receivable
565
-
-
Grants receivable
258,693
13,300
169,994
285,813
21,775
169,994
**Donations and gifts**
Caritas at Christmas
-
8,475
-
Good Shepherd
1,808
-
-
Crib Offerings
7,162
-
-
Collection Boxes
6,714
-
-
Donations
10,871
-
-
26,555
8,475
-|**Total**Unrestricted
Restricted
funds
funds
general
**2021**
2020
2020
**£**
£
£
35,030
50,815
8,552
565
1,650
-
441,987
250,309
557,006
477,582
302,774
565,558
8,475
-
7,817
1,808
15,396
-
7,162
9,742
-
6,714
13,050
-
10,871
12,627
735
35,030
50,815
8,552|Total
2020
£
59,367
1,650
807,315
868,332
7,817
15,396
9,742
13,050
13,362
59,367|
|---|---|---|
- 16 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**3**
**Donations and legacies**
**Grants receivable for core activities**
Denise Coates Foundation - Crewe support centre
Our Mission Together
The Zochonis Charitable Trust - St. Aidan's Centre
Manchester Guardian Trust - Wellbeing
Gubay Foundation - Crisis Grant
National Lottery - Coronavirus Community Support
CAF - Charity Resilience
Smallwood Trust - Refugee Project
Other Grants applied to Refugee & Well Projects
Wirral Borough Council - Covid 19 Support Grants
Other|-
250,000
-
-
-
-
-
-
-
-
8,693
258,693|-
-
-
-
-
-
-
-
-
13,300
-
13,300|-
-
-
-
62,300
47,310
21,170
19,273
16,341
-
3,600
169,994|-
250,000
-
-
62,300
47,310
21,170
19,273
16,341
13,300
12,293
441,987|-
250,000
-
-
-
-
-
-
-
-
309
250,309|**(Continued)**
545,993
545,993
-
250,000
5,000
5,000
3,000
3,000
-
-
-
-
-
-
-
-
-
-
-
-
3,013
3,322
557,006
807,315|
|---|---|---|---|---|---|---|
Gubay Foundation - Restricted fund to support the most vulnerable with financial aid towards food, energy costs and white goods. They also provided the charity with some staffing support to compensate for the reduction in donations.
National Lottery - Restricted fund to support the most vulnerable with financial aid towards food and other financial support (clothes) – excluding any energy cost support. They also provided the charity with some staffing support to compensate for the reduction in donations.
CAF – Charity Resilience - To cover salary cost and supervision/overheads for mental wellbeing support.
Smallwood & Others - Refugee project (Staffing costs) these were merged into the well project as it is now multi-funded.
Wirral BC - Contribution to our community support fund.
Funds received from the Denise Coates Foundation in the prior year have been received specifically for the building of a new centre in Crewe and as such treated as restricted.
Other unrestricted income above includes £7,393 of Coronavirus job retention scheme funding and other restricted income of £3,600 is in relation to Mend Minds.
- 17 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **4 Charitable activities**
|Family Support Services income
Analysis by fund
Unrestricted funds - general
Restricted funds|**Schools**
**Family**
**Support**
**Community**
**Matters**
**Project**
**£**
**£**
89,564
50,857
-
50,857
89,564
-
89,564
50,857|**Total**
**2021**
**£**
140,421
50,857
89,564
140,421|**Total**
**2020**
**£**
129,052|
|---|---|---|---|
## **For the year ended 31 March 2020**
|Schools family support income
Analysis by fund
Unrestricted funds - general
Restricted funds|**Schools**
**Family**
**Support**
**Community**
**Matters**
**Project**
**£**
**£**
76,985
52,067
3,720
-
73,265
52,067
76,985
52,067|**Total**
**2021**
**£**
129,052
3,720
125,332
129,052|
|---|---|---|
## **5 Other trading activities**
||**Total**|Unrestricted|
|---|---|---|
|||funds|
|||general|
||**2021**|2020|
||**£**|£|
|E vents|-|1,006|
- 18 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **6 Investments**
|**7**
**8**|**Unrestricted**Unrestricted
**funds**
funds
**general**
general
**2021**
2020
**£**
£
Interest receivable
786
1,507
**Other income**
**Unrestricted Restricted**
**Total**
**Total**
**funds**
**funds**
**2021**
**2020**
**general**
**£**
**£**
**£**
**£**
Other incomes
-
-
-
5,780
**For the year ended 31 March 2020**
480
5,300
5,780
**Raising funds**
**2021**
**2020**
**£**
**£**
Fundraising and publicity
Other fundraising costs
359
3,447
359
3,447|
|---|---|
- 19 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **9 Charitable activities**
|Staff costs
Volunteer expenses
Support Officer staff recharges from The Catholic Children's Society
Welfare activity
Share of support costs (see note 11)
Share of governance costs (see note 11)
**Analysis by fund**
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
**For the year ended 31 March 2020**
Unrestricted funds - general
Restricted funds|**2021**
**£**
115,017
1,750
25,467
107,202
249,436
265,696
3,035
518,167
307,261
20,545
190,361
518,167|**2020**
**£**
168,799
212
24,539
14,889
208,439
250,212
5,880
464,531
212,937
251,594
464,531|
|---|---|---|
- 20 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **10 Description of charitable activities**
## Family Support Services
During the year we have provided family support and school services in Manchester, Shrewsbury and on the Wirral.
Our school family project service offers family workers in primary and secondary schools, which enable the school to offer support to children, young people and their parents or carers. This includes emotional and practical support as well as parenting courses and strategies. Our workers are supported by a Service Manager.
During Covid we have were challenged by supporting families using other media’s such as Zoom or visiting (socially distanced). Our families mental well- being was being affected due the pandemic. Our families needed extra support and we managed to get grant monies to support the staff to continue working and support for the families. We were able to offer bereavement and counselling with the support of grants. We set up a Crisis fund, supported by Gubay, the National Lottery, CAF Resilience Fund and Wirral Borourgh Council so that families could apply for such things as food, heating, utility bills, white goods and clothes. We were able to extend the crisis support to other Charities.
In 2019 the Charity has become part of the @Community Matters Partnership on the Wirral, working alongside other community organisations and the Wirral Council’s Early Help and Prevention Service to deliver early help to families across Wirral who are most in need.
## Community Support in Manchester
The impact of lockdown resulted in a lot of local facilities closing and reducing support to communities. Despite challenges we managed to maintain the Foodbank through our St Aidan’s Centre which was well received. As support Groups were forced to close, engagement continued to support the most vulnerable using technology for projects such as Mend Minds, SENsitive group and the Refugee Support.
## Supporting Refugees
A weekly group was established to support ESOL English lessons which have continued through Zoom during the pandemic.
The weekly group would normally meet in the centre, this changed due to Covid and food was delivered by volunteers as a way of seeing how the clients were coping with the challenges especially the isolation and home school duties.
The project grew as we became part of team to support Asylum seekers in Manchester. Supporting people who have been placed in a local hotel with very little English, clothes or a welcome to a new place with very different culture.
All our work continues to support people who sometimes are less able to cope with what life brings them. We aim to support people so they can become more resilient, confident and feel more able to embrace life so that they can reach their potential.
- 21 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**11**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
172,878
-
Depreciation
9,016
-
Support salary costs
recharged from The
Catholic Children's
Society
24,636
-
Travel and subsistence
3,114
-
Other staff costs
17,632
-
Rent, rates and utilities
6,365
-
Repairs and
maintenance
3,556
-
Other building and office
costs
7,515
-
Computer and IT costs
5,792
-
Telephone costs
6,758
-
Printing, postage and
stationery
4,166
-
Other support costs
4,268
-
Examination/Audit fees
-
1,500
Accountancy
-
1,500
Legal and professional
-
35
265,696
3,035
Analysed between
Charitable activities
265,696
3,035|**2021**
**£**
172,878
9,016
24,636
3,114
17,632
6,365
3,556
7,515
5,792
6,758
4,166
4,268
1,500
1,500
35
268,731
268,731|Support
costs
Governance
costs
£
£
65,303
-
9,959
-
78,879
-
14,387
-
20,886
-
7,462
-
20,764
-
8,989
-
8,440
-
7,879
-
4,998
-
2,266
-
-
4,200
-
1,500
-
180
250,212
5,880
250,212
5,880|2020
£
65,303
9,959
78,879
14,387
20,886
7,462
20,764
8,989
8,440
7,879
4,998
2,266
4,200
1,500
180
256,092
256,092|
|---|---|---|---|
All support costs have been allocated to charitable activities as they are incurred to support and further our core charitable activities.
## **12 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
- 22 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **13 Employees**
The average monthly number of employees during the year was:
|Charitable activities
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**Number**
13
**2021**
**£**
267,266
15,111
5,518
287,895|**2020**
**Number**
12
**2020**
**£**
212,067
16,029
6,006
234,102|
|---|---|---|
Two employees (2020: Three) of The Catholic Children's Society (Shrewsbury Diocese) Inc are seconded to Caritas.
In addition to the direct employment costs above, there were recharges of £50,103 (2020: £103,418) during the period from The Catholic Children's Society (Shrewsbury Diocese) Inc in respect of the staff seconded to Caritas. Of this amount, £25,467 (2020: £24,539) is included in charitable activities (see note 9) and £24,636 (2020: £78,879) is included support costs.
There were no employees whose annual remuneration was £60,000 or more.
- 23 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**14**
**Tangible fixed assets**
**Fixtures and**
**fittings**
**Office**
**equipment**
**£**
**£**
**Cost**
At 1 April 2020
11,637
20,961
Additions
4,151
2,765
At 31 March 2021
15,788
23,726
**Depreciation and impairment**
At 1 April 2020
7,280
13,409
Depreciation charged in the year
3,774
5,242
At 31 March 2021
11,054
18,651
**Carrying amount**
At 31 March 2021
4,734
5,075
At 31 March 2020
4,357
7,551
**15**
**Debtors**
**2021**
**Amounts falling due within one year:**
**£**
Other debtors
1,777
Prepayments and accrued income
1,747
3,524
**16**
**Creditors: amounts falling due within one year**
**2021**
**£**
Other taxation and social security
8,799
Deferred income
33,833
Other creditors
12,044
Accruals
9,614
64,290|**Total**
**£**
32,598
6,916
39,514
20,689
9,016
29,705
9,809
11,908
**2020**
**£**
53,806
3,263
57,069
**2020**
**£**
5,319
32,542
17,685
7,892
63,438|
|---|---|
- 24 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **17 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Balance at**
**1 April 2019**
**£**
School Support - Wirral
871
School Support - Wythenshawe
586
School Support - Crewe
-
School Support - Shrewsbury
-
School Support - Runcorn
-
Refugee Support / Well Project -
Wythenshawe
5,663
Wythenshawe - Redecoration Project
15,000
Crewe Project - New Caritas support centre
-
Community Support Fund (moved to
designated funds)
651
Charity Resilience Fund - Wirral
-
Community Projects - Wythenshawe
-
Carers Together - Wythenshawe
-
Mend Minds - Wythenshawe
-
Gubay Crisis Fund
-
Lottery Crisis Fund
-
22,771|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
116,416
(129,394)
16,100
(81,107)
2,363
(12,570)
-
-
2,050
(905)
450
(3,143)
5,000
(14,515)
545,993
(3,468)
7,817
(6,490)
-
-
-
-
-
-
-
-
-
-
-
-
696,189
(251,592)|**Transfers**
**Balance at**
**1 April 2020**
**£**
**£**
12,107
-
64,421
-
10,207
-
-
-
(1,145)
-
(1,158)
1,812
-
5,485
-
542,525
-
1,978
-
-
-
-
-
-
-
-
-
-
-
-
84,432
551,800|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
57,453
(48,296)
14,400
(11,622)
-
-
17,711
(14,136)
-
-
35,614
(24,224)
-
-
-
-
-
-
21,170
(19,035)
-
(3,000)
-
(112)
3,600
(272)
62,300
(44,458)
47,310
(25,204)
259,558
(190,359)|**Transfers**
**Balance at**
**31 March 2021**
**£**
**£**
(9,157)
-
(2,778)
-
-
-
(3,575)
-
-
-
(2,870)
10,332
(4,151)
1,334
-
542,525
(1,978)
-
(2,120)
15
3,000
-
867
755
731
4,059
(11,204)
6,638
(22,106)
-
(55,341)
565,658|
|---|---|---|---|---|
- 25 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
_**FOR THE YEAR ENDED 31 MARCH 2021**_
## **17 Restricted funds**
**(Continued)**
Funds received relating to school support services in a specific area are treated as restricted.
Grant income donated for a specific purpose is also treated as restricted in a separate fund.
Gubay Foundation - Restricted fund to support the most vulnerable with financial aid towards food, energy costs and white goods. They also provided the charity with some staffing support to compensate for the reduction in donations.
National Lottery - Restricted fund to support the most vulnerable with financial aid towards food and other financial support (clothes) – excluding any energy cost support. They also provided the charity with some staffing support to compensate for the reduction in donations.
CAF – Charity Resilience - To cover salary cost and supervision/overheads for mental wellbeing support.
Smallwood & Others - Refugee project (Staffing costs) these were merged into the well project as it is now multi-funded.
Wirral BC - Contribution to our community support fund.
Funds received from the Denise Coates Foundation in the prior year have been received specifically for the building of a new centre in Crewe and as such treated as restricted.
- 26 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **18 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
||**Movement**||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|
||**in funds**||||||
||**Incoming**|**Balance at**|**Incoming**|**Resources**|**Transfers**|
**Balance at**|
||**resources**|**1 April 2020**|**resources**|**expended**||**31 March 2021**|
||**£**|**£**|**£**|**£**|**£**|
**£**|
|Community Support Fund|-|-|21,775|(20,545)|1,628|
2,858|
||-|-|21,775|(20,545)|1,628|
2,858|
The Community Support Fund – This fund is designed to support those most in need at the most demanding time of year.
- 27 -
## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**19**
**Analysis of net assets between funds**
**Unrestricted Designated**
**Restricted**
**2021**
**2021**
**2021**
**£**
**£**
**£**
Fund balances at 31 March 2021 are represented by:
Tangible assets
9,809
-
-
Current assets/(liabilities)
208,226
2,858
565,658
218,035
2,858
565,658|**Total**Unrestricted
Restricted
**2021**
2020
2020
**£**
£
£
9,809
11,908
-
776,742
122,580
551,800
786,551
134,488
551,800|Total
2020
£
11,908
674,380
686,288|
|---|---|---|
- 28 -
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **CARITAS DIOCESE OF SHREWSBURY**
## **20 Events after the reporting date**
Subsequent to the year-end, the charity has entered into a commitment for the construction of a new Caritas Support Centre in Crewe, with the total cost expected to be £795,993. The construction contract is being managed through the Shrewsbury Roman Catholic Diocesan Trust ('Diocese of Shrewsbury').
The construction of the new centre is being funded by applying the restricted grant income from the Denise Coats Foundation of £545,993 (see note 17) and additional funding of £250,000 has been made available from the Shrewsbury Roman Catholic Diocesan Trust ('Diocese of Shrewsbury').
## **21 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel, excluding employer pension contributions, is as follows.
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Aggregate compensation|79,952|68,595|
## **Transactions with related parties**
||**Seconded staff**|**payments**|
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Entities with control, joint control or significant influence over the company|50,103|103,418|
||50,103|103,418|
Staff secondment and other costs were recharged in the period from The Catholic Children's Society (Shrewsbury Diocese) Inc. Caritas has made direct salary and associated payments in respect of the seconded staff.
At the end of the period, £1,121 (2020: £3,497) was due to the charity from The Catholic Children's Society (Shrewsbury Diocese) Inc.
The £250,000 grant income received for Our Mission Together (see note 3) is from the Shrewsbury Roman Catholic Diocesan Trust, which is a related charity.
Short-term loan funding of £270,000 (2020: £50,000) has been provided to the Shrewsbury Roman Catholic Diocesan Trust during the year and £Nil (2020: £50,000) is included in debtors at the year-end. The loans of £270,000 were interest fee and were fully repaid within 7 days.
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## **CARITAS DIOCESE OF SHREWSBURY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**22**
**Cash generated from operations**
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Increase in deferred income
**Cash generated from operations**
**23**
**Analysis of changes in net funds**|**2021**
**£**
100,263
(786)
9,016
53,545
(440)
1,291
162,889|**2020**
**£**
537,699
(1,507)
9,959
(33,823)
16,441
3,951
532,720|
|---|---|---|
The charity had no debt during the year.
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