Charity Registration No. 1173537
CATHOLIC SYRO-MALABAR EPARCHY OF GREAT
BRITAIN
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Bishop B Mathew
Reverend S Kuriakose
Mr XAbraham
Reverend A C James
Reverend M Pinakkattu
(Appointed 7 April 20211
Charlty number
1173537
Prlnclpal address
Sl Alphonsa Cathedral
Sl Ignalius Presbytery
Sl Ignalius Square
Preston
PR1 1TT
Website
www.eparchyofgreatbritain.org
Auditor
MHA Moore and Smalley
Richard House
9 Winckley Square
Preston
PR1 3HP

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
CONTENTS
Page
Trustees, report
Statement of trustees. responsibilities
14
Independent auditor's report
15-17
Statement of financial activities
18
Balance sheet
19
Statement of cash flows
20
Notes to the financial statements
21-33

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report and financial ststements for the year ended 31 March 2022.
The financi81 statements have been prepared in accordance with the 8ccounting policies set out in note 1
to the financial statements and comply with the charity's governing document, the Charities Act 2011 and
'Accounting and Reporting by Charities". Ststemenl of Recommended Practice applicable lo charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021. (October 20191.
The name of the Charitable Incorporated Organisalion {CIOI is Catholic Syro-malabar Eparchy of Great
Britain. For its day to day activities, the CIO is widely known as Syro
Malabar Eparchy. Ils Charity
Registration No. is 1173537.
Objectives and activities
The constitution of the CIO specifies that the money and property received by the Trustees for the general
purposes of the Trust shall be held lo apply, both the capital and the income of the Trust Fund, lo its
objectives. The basis for setting out this constitution is the advancement of Catholic Faith, Christian moral
and social principles Ibeliefsl for the benefit of the public in accordan￿ with the statement of bdiefs of the
Syro-malabar Catholic Church in particular and that of the Universal Catholic Church in general.
The detailed objectives and scope of the CIO sel out in its constitution can be summarised as follows..
The organisation of the celebration of s8cr8menls and other religious services, prayer meetings,
missions and similar events.,
The provision of accommodation and other support for clergy (including in retirement) and other
individuals engaged in the advancement of the Objects.,
The advancement of education in accordan￿ with the teaching of the Catholic Church and the
training of individuals and groups and the production and distribution of literature and the
br08dcasling of information using modern media lo enlighten others about the Catholic Faith,.
The relief of poverty and suffering and other such Charitable purposes for the benefit of the public
as are consislenl with the doctrines of the Catholic Church",
The acquisition, provision, and maintenance of land and buildings to be used primarily for the
above purposes, and also lo be available for hire or use by other community groups",
Any other related activities which support the promotion of Christian beliefs in the UK or overseas.,
Any other activities which are requisite for the achievement of the objects of the Syro-malabar
Eparchy of Great Britain.
Since the functioning of the charity is getting wider and visible, the above objectives are set to be achieved
in a step-by-step manner. The parishes, Missions and Proposed Missions along with Catholic
Organisalions of the faithful are contributing significantly lo the achievement of the objectives. A
documented plan is in place lo reach out to the needy and vulnerable in the society.
In all of the activities undertaken by the Syro-malabar Eparchy, the trustees continue to be very grateful for
the help provided by so many people, both Clergy and volunteers. The Iruslees also take the opportunity to
thank the members of the many Religious Orders who assist In Parishes, Missions and Proposed Missions.
Wilhoul the help of so many people, the Eparchy would not be able to cary out all the important work that it
currently does.
Public Benefit
The guiding principle of the Charity is, as Jesus said, "you shall love your neighbour as yOLJrself.
Our Parishes, Missions and Proposed Missions reach out beyond the Syro-M81abar faithful. Our priests
offering chaplaincy services to hospitsls, prisons and schools. Our nuns are rendering opportunities for
spiritual sharing and guidan￿ and provide support for family empowerment programmes. Our volunteers
who are predominantly from the the healthcare sector, nurses and doctors, render their serVI￿S lo assist
the disabled, in visiting the sick at home and hospital. Special collections are taken to support the needy
and vulnerable locally, nationally, and inlernalionally. The charity forms part of the wider Catholic Church
throughout the world and as such participates in the charitable activities of the Universal ChLJrch. The
trustees believe that they have complied with the duty in Section 17 of the 2011 Charities Act to gwe due
regard to the various guidance notes published by the Commission with regards lo Public Benefit.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Achievements and performance
To achieve the objectives of the Charity in a time bound manner, the Trustees prepared a five-year plan in
November 2017 after consulting with the Custodians (the community leaders), Curia members, Pastoral
Consullors, Clergy, Religious and lay faithful representing parishes, Missions and Proposed Missions. This
plan idenlilied 5 key focus areas for each year beginning from 1st Sunday of Advent 2017.
1. The first year was declared as Year of Children, during which the priority was given lo the moral
and faith formation of the children.,
2. The second year was the Year of Youth, focusing on the reconnection and renewal of a new
generation of young people in the life of the Church",
3. The third year was The Year of Couples, where the focal point was on family support. Through
different events and aclivilies, the year of couples empowered the couples to face challenges and
difficulties of family life.,
4. The fourth year focused on Families for renewal and strengthening through establishment of
smaller groups of families called as Family Units IKudumb8koolaymal, with the purpose of growing
together in faith and fellowship. They are helpful channels for evangelisalion and faith formation.
Seminars and workshops were arranged in numerous Missions and Proposed Missions and
parishes under the leadership of priests in-charge and the voluntary workers so that family units
shall become the active link that connects each family lo the Parish, and thus lo the Holy Church,
thereby enabling its members lo foster the love and sharing and unity of the Early Christians.
Through this the trustees aim towards the sanctification of families, training of children and
ecclesial experience of life and instilling the deep-rooted catholic faith and sacramental life among
the parishioners. Moreover, these family units will work for developing the spiritual, social, cultural,
and physical abilities and skills of the parishioners and upholding harmony and goodwill among
them.,
5. The fifth year, which is to be concluded in November 2022, is focussing on the Parish
Communities, to understsnd the difficulties fa￿d by local communities in their parish formation and
lo support them in achieving this goal. During the year, more parishlmissions were fomied and all
the church activities and events were resumed with zeal and enthusiasm. By availing the service
of 58 Syro-malabar priests in the Eparchy, the Iruslees made il possible lo have regular Sunday
Holy Mass, Catechism classes for children, family units, meetings and other active apostolates
related lo the Eparchial Commissions.
The Eparchial Curia under the leadership of the Bishop, supports, co-ordinates and regulates all activities
of the Charity in accordance with ils objectives. 11 supports the activities of the clergy and faithful in the
parishes as well as providing financial support for various activities relating to pastoral care and help such
as youth formation and activities, religious education, formation of catechists, marriage guidance, family
empowerment etc. It maintains the Bishop's House and Office, Eparchial Finance Office, Eparchial Tribunal
and Minor Seminary.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Prlests. Formatlon and Tralnlng
(al Immaculate Conception Seminary
Trustees have identified that shortage of clergies in the Syro-Malab8r rile is one of the ongoing major risks.
The Immaculate Conception Seminary inaugurated in November 2017 was a first major step towards
addressing this risk. Rev Fr Vargheese Thomas was appointed as the Rector and overall in-charye of the
seminary in September 2018. The commission for Vocation Promotion of the Eparchy, organised a three
day Vocation diS￿rnment guidan￿ programme "CALL" every year to promote the call lo priesthood.
Ibl Clergy Retreats & Formation Programs
Annual Retreat for serving priests & religious was conducted from the 21st lo the 24th of February 2022.
Eminent theologians and preachers from the UK and abroad covered various topics relevant to the spinlual
well-being and societal life of the clergylreligious of the Eparchy. Additionally, an ongoing training program
for the priests is held on a monthly basis.
Evangelisation Programmes
Evangelisation is an ongoing process. The Evangelisation commission was established lo streamline the
evangelisation efforts of the Eparchy. The mollo of our bishop B Mathew,
"to do the work of an
evangelist calls every faithfvl to become a missionary and is the key driver for the works of the
Evangelisation commission. In order lo radiate deep faith and promote joyful desire to share the Gospel
with others both within and outside their respective parishesl missions, the Evangelisalion Commission
promotes and sponsors ret￿als, Bible conventions, prayer meetings and spiritual guidance throughout the
year. These initiatives are targeted towards people for deepening of their faith, as well towards individuals
who have been away from their faith, for whatever reasons. To spread the message of the Holy Gospel
and promulgate its deeper knowledge lo the faithful and enable them lo live more in faith, hope and charity,
Bible conventions, retreats during Lenten and Advent seasons, annual retreats al parishlmission levels,
virtual preparatory retreats for important feast days elc, were conducted in all regions during the last year.
Entran￿ lo these programmes were free of charge and was open to all, including other faithlreligion
believers and non-believers.
Purchase of Church property by St Mary's and St Wilfrid's Church Leeds
Recognising the pastoral needs of the growing Syro-malabar community in Leeds, the Syro-malabar
Eparchy purchased a church in October 2021, after scrulinising various options. This Centre would become
a hub for the Syro-malabar Community in the area, especially for the youth and women to co-ordinate their
activities and thus cater to the local community, as a whole.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Youth Actlvltles
Catechesis
For the Catholic Church, Catechesis is the strong foundation for faith formation and for a value-oriented life
style based on the Gospel principles. Having that in mind, Trustees have always encouraged lo start
structured catechesis in every Parish, Mission and Proposed Mission. To co-ordinate all the tasks, the
Trustees have established a Calechesis Commission. The scope of this Commission is to formulate and
articulate the curriculum and other pedagogical activities including arranging resources like lexlbooks,
teaching aids, online tools, webinars etc., identifying and recruiting resource personnel amongst Clergy,
Religious, Laity and their training. The Charity has successfully implemented this vision and now almost
95D/o of the communities under the Charity's jurisdiction have their own calechesis program. This model
was often praised by other DI0￿SeS in the UK and faithful from their communities also showed their
interest to join the same.
The Catechesis Department worked tirelessly to provide Catechetical formation lo youngsters throughout
the year through Catechism classes, for more than 10,000 children and with the assistance of 2,000
calechists, who provide their Servi￿ on a voluntary basis. The Department has provided basic catechesis
training to all the catechisls, and has completed advanced Catechetical training lo c.12- Catechisls. To
reinforce the Word of God amongst young children and adults, the department organised Online Quiz
programmes such as Suvara. for children and adults.
BIBLE KALOTSAVAM
The Commission for Bible Aposlolale organised Bible Kalotsavams IBible Art Feslivalsl at Regional and
Eparchy levels to proclaim and ￿lebrate the Word of God through various art forms. As we are all created
in the image of the creator, the Bible Kalolsavam was a living example that evidenced that we are al called
upon lo be creative. More than 10000 members across the Eparchy have actively participated in the
Regional and Eparchy level Kalotsavams. The Bible Kalotsavam is the celebration of faith and helps to
foster the spirit of Christian charity, sharing, enthusiasm, and a sense of belongingness among the people.
SMYM
To create a younger generation who embrace the teachings of Jesus Christ as the foundation for building
their life strategies and to preserve and pass on our treasured hertitsge whilst adapting to the call of the
contemporary worfd. The Trustees initiated lo arrange a plafft)rm for the youth beneficiaries of the Eparchy,
which resulted in the formation of SMYM Isyro - Malabar Youth Movement). Al programs for the youth are
coordinated under SMYM. Thrust was given to reach out to the Syro - Malabar youth Eparchy wide and
nurture them on religious, moral and social values, to enable them lo be an asset lo the wider society and
to become model citizens in the future, with a clear outlook for the upliftmenl of vulnerable and
marginalised in the society. This was organised locally as the youth wing at Parishlmission level. It is a
platform for teenagers and young adults above 16 years to gather together and have their own lime under
the guidance of the priest in charge and animators iwharge, appointed by the priest. They have their own
committee to co-ordinate their discussions and conduct different skills enhancement pr￿raMs. They are
very active in the catechetical formation at parishlmission level. Many units conducted one day excursions
and pilgrimages with the help of parent groups and other elders. In general, the yOLJth are encouraged to
nurture their social values and community living, in the vèry footing of Catholic teachings.
Centralised training programs were arranged to train the resource persons to conduct the seminars and
workshops. As a result, the target group with the help of their parents are made awa￿ of the diffieullies and
issues of the vulneoble and marginalised around them and by having a strong Christian faith in the
background, the need for extending a helping hand lo the upliftmenl of the same. To achieve this objective,
the Trustees instigated Parish Level and Eparchy Level youth gatherings every month.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
lal Marrlage Preparatlon Programs
The Trustees believe that in order to achieve the charity's objectives, promoting family values in the
contemporary society is very essential. With that in mind, marriage preparation course was established,
Eparchy wide, as an ongoing programme. Young adults, who are willing to have a married life and to form a
family are given a deeper insight to core values in the society, especially from a Catholic point of view.
Simultaneously, they are intrOdU￿d to the challenges prevailing in the society, especially in the socio-
economic situations of the wider society they live. Trustees planned lo conduct five programmes during a
calendar year, going forwards. Since ils in￿ptiOn, around 17 courses were conducted benefitting around
650 young adults.
Idl Migrants Support
To offer helping hand and guidance to new people arriving in the UK, especially the Syr¢iMalabar faithful in
Great Britain, the trustees created a helpdesk directed by the Eparchial Commission for Migrants, thereby
allowing them lo have a welcoming atmosphere as they arrive. To achieve this aim, the trustees have sel
up parishlmission level teams for supporting the new migrants. The migrants commission organised online
migrant University students, gatherings lo connect, equip and empower Catholic university students across
the Eparchy so that they will become missionary disciples, leaving higher education with a deeper
awareness of God's call on their life and going on lo be leaders in the Church.
Women's Forum
The Trustees recognising the principle that 'Mother is the first teacher of every human being,, formulated a
comprehensive plan which enhances the role of women in the society, especially in the syr￿Malabar
community. Women's forum units were established al parishlmission level and they are given a very
important role in the administration and all other aclivilies. Various seminars and retreats were arranged al
Parishlmission level and Eparchy level for the enhancement of their skills in various fields, like parenting,
employment level, and adminislralive level and to bring together women around common interests so they
can help each other grow spiritually. In the field of faith formation, their contribution is invaluable. Often,
women's forum acts as a platform for the women in their units lo come together to Sha￿ the conflicts they
are facing due lo different roles they have lo play in their life, so that we can support each other spiritually
and practically when someone has a need. Women's Forum al various regions organises days out,
pilgrimages, and community gatherings to improve their mutual bonding, which will be beneficial for the
oneness in the communities and thereby the Eparchy. They are the backbone of many of Eparchy's
charitable programs. Trustees are very grateful to the Women's forum for their Contribution to achieve the
objectives of the charity.
Apart from its own aclivilies, the Charity also co-operateslsupports other charities in the UK and other
DI0￿Se$ in the UK & overseas, in the field of evangelisation and youth programs.
Pilgrimages
To nurture the faithful in the faith, the Curia had conducted pilgrimages lo various shrines in the UK. Like
pre-covid years, Epar¢hial level annual pilgrimages were arranged in Ayelsford (May 20211 and
Walsingham (July 20211. These pilgrimages facilitated the faithful to experien￿ fellowship in worshiping
8nd togetherness in sh8ring their God Experience.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
FUNDRAISING
sY￿Ma1abar Eparchy of Great Britain Ilhe charity) is commilled to safeguarding and promoting the
welfare of the charity and its beneficiaries. The aim of the fundraising policy is to promote a culture of
honesty, openness and respect among the donors, beneficiaries and the general public. The Charity does
not use extemal fundraisers, unless otherwise decided by the trustees, allowing for 811 the faithful to donate,
secure in the knowledge that their contributions will be used lo enable the ParisheslMissionlProposed
Missions lo continue playing a major role in their communities, encompassing buildings, worship, prayer,
calechesis and pastoral care.
The Syro-malabar Eparchy conduct fundraising activities at Parishlmission level, regional Level and
Eparchial Level. Any fundraising activity is adhered to the objectives set out in the constitution of the
charity, the fund raising policy and the regulating legislations of Great Britain. The Eparchy and parishes
undertook various Initiatives lo support people who suffer from poverty, illness, war and natural disasters.
Consideration of Vulnerable Persons
All fundraisers musl take all reasonable steps with respect and due diligen￿, while seeking donation from
persons in vulnerable circumstances. In addition to the above, the following principles have been
eslablished',-
All reasonable steps and extra care need to be taken to support a vulnerable person to make
informed decision
A fvndraiser musl not exploit the trust, lack of knowledge, apparent need for care and support or
vulnerable circumstance of any donor al any time.
If a fundraiser knows or has a reason to believe that a person is in a vulnerable Circumstan￿ and
that person lacks a capacity to make an informed decision, no donation must be taken from SLJch
person. If a donor who is in such circumstance make a donation, that donation must be ￿turned.
All fvndraisers must lake all reasonable steps to avoid asking regular donations from anyone aged
under 18.
Complalnts Procedure
All complaints and concems in connection lo the fundraising are dealt with the Complaints Handling Poliey
of the Syro- Malabar Eparchy.
Financial review
Total income for the period was £1,999,59312021.' £1,142,292).
Expenditure for the period £1,371,64912021 £789,958>.
The nel movement in funds is £627,94412021 surplus £352,3341.
As at 31 March 2022, the charity had total funds of £3,201,629. Of these £1,300,000 were endowment
funds and £nil were restricted.
Free reseNes al the end of the period were £689,566.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Principal Risks and Uncertainties
The Trustees have a formal risk management pro￿$5 to assess risks and implement risk management
strategies. This involves the identification of the types of risk faced by the charity, assessing the likelihood
and potential impact of Occurren￿ and Identifying means of miligalion. Risks have been categorised under
live broad headings.. Governance, Operational, Financial, External and Complian￿. These were then
assessed as to the likelihood of their occurring and the severity of the effects of the risk leading to a
potential overall impact calculation in order to give a scale of relative importancelurgency to each one.
The Implementation of legislation in the areas of Data Protection and Safeguarding are identified as
potential risks. To mitigate these risks, Trustees have included expert professional volunteers in the Data
protection Commission and Safeguarding commission. Trustees have facilitated training programmes
across the Eparchy to appoint representatives in Parishes, Missions and Proposed Missions. All the
activities are monitored for legal compliance through these representslives and remedial measures have
been tsken accordingly.
The current highest overall adverse impact risks identified are",
slow pr(￿resS in the establishment of parishes and missions.,
smaller number of available clergy who are expected to undertake more pastoral and
administrative responsibilities.
These were identified in the previous years, reF)Ort, bul continuing still, though signifi'cant progress has been
made.
The Trustees have taken steps to mib'gale these risks, by recruiting more priests from overseas,
amalgamating Missions and Proposed Missions where possible, and in encouraging collaboration where il
is in the best interest of the community the parishlmission serves. 11 plans lo upscale the scope of its
internal audit procedures lo further mitigate risks.
Plans for the Future
The Charity is thriving to meet the obje¢lives outlined above, in addition lo ensuring that the charity
continues to meet ils statutory obligations. Work is continuing on the fomulalion of a comprehensive
Eparehial Pastoral Plan to ensure that resources are focused on the main themes which have been
identified under the Five Year plan. The target groups have been identified and plans & procedures have
been drawn for the overall progress in the areas of Evangelisation, Formation, Worship and Sacramentsl
Life, Charity and Social Outreach. These plans have been presented to Clergy and lay leaders, lo develop
discussions with religious and lay faithful in Parishes, Missions and Proposed Missions, and lo involve as
many people as possible in the process of identifying and delivering the Charity's objectives in future years.
In the previous years, Trustees had Identified the need for a cenlralised physical infrastructure - a pastoral
centre, for the efficient administration of the CIO. Trustees are still in search of a suitable propety for the
same.
As part of the strategy lo increase funding streams for the Charity, for capital and charitable purposes,
further work is planned to increase the use of online giving, and to continue to identify projects for
government initiated grant funding. The Trustees believe that the right approach is undertaken by
balancing the needs to support the vulnerable, against growth targets.
The Charity continues to review the impact of Covid19 and the associated restrictions on parish life and the
extent to which new technology Can assist in maintaining and furthering the Charity's mission in a Post
Covid 19 environment.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
RESERVES POLICY
The free reserves held by the Charity are those funds that are freely available to be spent in pursLJing the
Charity's purpose. Restricted FLJnds. Designated Funds, Permanent Endowment Funds and Tangible Fixed
Assets are not included in free reserves.
Total funds as al 31 March 2022 were £3,201,629. Of this total, £1,300,000 related lo the endowment fLJnd,
£Nil to designated funds and £1,212,063 to fixed assets. The remaining free reserves were £689,566.
The Trustees carefully monitor the level of free reserves of the Charity as part of their long term financial
planning which includes it's primary objective of ongoing Evangelisalion programs for the spiritual, mental
and social wellbeing of the faithful and the general public. The Trustees consider that the holding of
reserves is necessary to provide a buffer against short term fluclualions in income and expenditure and to
provide sufficient resources to implement long term projects which are by their nature uncertain in their
financial effect. The Finan￿ Office, on behalf of the Trustees, review cash position on a day to day basis to
ensure liquid funds are available for routine expenditure.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Structure, governance and management
Oryanisational structure
Catholic Syro-malabar Eparchy of Great Britain is a Charitable Incorporated Organisalion ICIOI constiluled
by Declaration of a Foundation CIO dated 25 May 2017. The certificate Issued by the Charity Commission
dated 22 June 2017, the Catholic Syro-malabar Eparchy is registered as a body corporate known as
Catholic Syro-malabar Eparchy of Great Britain. All property and assets are vested in the name of the body
corporate.
The primary ways of Conveyan￿ of the charity's objectives are the parishes, missions and proposed
missions within the Eparchy. The Eparchy works collaboratively with other Dioceses in England and Wales
and other Eparchies of Syro•Malabar church world-wide. The Eparchial Curia and Bishop's office supports
to carry out the objectives by co-ordination of Eparchy-wide programmes and ensures a consistent
approach to the administration of the Eparchy in order to effectively support the parishes, missions and
proposed missions, especially in propety management and governance.
The Eparchy geographically covers whole of England, Wales and Scotland. For the ease of administration,
this is further divided in to 8 regions, namely..
1. Brislol-cardiff,
2. Cambridge,
3. Coventry,
4. Glasgow,
5. London,
6. Manchester,
7. Preston, and
8. Soulhamplon.
Parishes, Missions and Proposed Missions
Each region comprises of Parishes, Missions and Proposed Missions which are headed by Priests and
supported by elected lay representatives. The basis for setting out this structure is the advancement of
Catholic Faith and Christian beliefs for the benefit of the public in accordance with the statement of beliefs
of the Syro - Malabar Catholic Church in path'cular and that of the Universal Catholic Church in general.
Parishes are centers where the Eparchy owns a building and celebration of Holy Mass and administering of
sacraments are arranged on a regular basis. Missions and proposed missions are aiming towards this
structured organisalion, where missions are more slruclured with wider participation than proposed ones,
bul unlike parishes, both of them do not own a building. There are approximately 50,000 people who
identify as of Syro-malabar faithful within the Eparchy. There are 4 parishes, 45 missions and 32 proposed
missions which co-operate as 8 regions. This structure facilitates local collaboration and provides a
collegiate environment. There are 58 priests actively rendering their service lo the eparchy. The priest
fulfils thè central role in the parish by administering sacraments, leading worship and in wider- supporting
the faithful and the community al large.. 22 commissions were established to facilitate various training,
formation and empowerment programmes.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
The trustees who served during the year and up lo the date of signature of the financial statements were..
Bishop B Malhew
Reverend S Kuriakose
Mr XAbraham
Reverend A C James
Reverend M Pinakkattu
(Appointed 7 April 20211
The affairs of the charity are governed by the trustees of the CIO. The trustees who served during the year
are listed on page 2. Reverend M Pinakkallu was appointed as a Trustee on 7th April 2021. Bishop B
Malhew and Reve￿nd S Kuriakose were reappointed on 7th April 2021 after serving 4 years as foundation
trustees. Mr X Abraham and Reverend A C James were to be reappointed from 18th November 2022 and
23rd De￿mber 2022 respectively after serving their initial term of 3 years. This was unanimously agreed
by all Trustees during the meetings held on 7th April 2021, 8th November 2022 and 23rd November
2022.
The trustees, except Mr X Abraham, are also functioning clergies of the Eparchy and are entrusted with
pastoral services. They receive an allowance as providers of pastoral services. Their role as trustees are
voluntary and do not receive any financial benefit of any kind lo conduct their responsibilities as trustees of
the CIO. Mr X Abraham is also rendering his ServI￿S voluntsrily as a Trustee, and d￿S not receive any
financial benefit of any kind.
The Iruslees hold meetings on a regular basis lo conduct the operations of the charity, lo review the
mallers arising from the various Eparchial Commissions and lo drive the core purpose and objectives of the
charity, as well as lo agree policy and compliance requirements. Other ad hoc meetings are held if
required. The Trustees are committed to dealing with all statutory requirements including any concerns
raised by the Charity Commission, local authorities etc. New trustees are introduced to their role and
responsibilities by the Eparchial Finance Officer al which time relevant Charity Commission literature is
issued together with copies of the constitution of the CIO and the lalesl fi'nancial information available. As
and when required, trustees attend formal and informal training sessions.
The trustees regulate their functioning in accordance with the Charity Governance Code published by the
Charity Commission in July 2017 as updated.
10-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Eparchlal Commlsslons
There are a number of commissions established focusing on various areas, as OLJtlined below..
1. The Finance Council meets on a regular basis lo consider and take major decisions on financial
matters. 11 deals with a multitude of financial and administrative aspects of the work of the Eparchy.
2. The Bible Apostolate regularly meets lo consider and take major decisions on matters relating lo
promotion of Biblical studies.
3. The Calechesis Commission usually meets a year lo consider and take major decisions on
faith formation.
4. The Evangelisation Commission usually meets once a month to consider and take major decisions
on the evangelisation programmes of the Eparchy.
5. Women's Forum meets twice in a month lo discuss about organizing events and activities for the
integral growth of the women and family.
6. Family AFioslolate usually meets once in a month lo reflect on matters con￿mIng family
empowerment.
7. Vocation promotion commission promote the youth for Identifying and encouraging Vocations to
priesthood and religious life.
8. The Data Protection (information Governess) Commission oversees the handling of personal data on
the basis of the law of the land and the Data Protection policy of the Eparchy.
9. The Safeguarding Commission is conslituled as per the law of the land requires and under the
guidan￿ of CSAS.
10. The Media Commission promotes the activities and teachings of the Church using all forms of media,
including the dI0￿san website, social and print media.
11. The Property Commission works with the Eparchial Curia and individual parishes, missions and
proposed missions, lo deal with all propety related issues including acquiring new propety for the
use of communal worshiping etc.
Apart from the above, the Trustees have established a few other commissions catering into certain niche
categories in the eparchy, namely Altar servers, Christian Unity, Faith & Justi￿, Church Choir, Doctors,
Forum, Family Units, Liturgy, Mission League, Migrants, Savio Friends, Health & Safely, Spiritual Guidance,
Youth Apostolate and IT Forum.
The pastoral oversight of the charity is conducted by the Bishop in regular consultation with the Bishop's
Council (Eparchial Curial. This body assists the Bishop in all decisions affecting the life of the Eparchy. The
Bishop also undertakes parishlmissionlproposed mission visitations and presides over Eparchial events
such as the annual Eparchy Day etc.

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
The Chief Vicar General (Prolosyncellusl is responsible for matters relating to the clergy in the Eparchy.
Appointments to parishes, missions, proposed missions and other diocesan offices are made by the Bishop
in consultation with the Bishop's Council.
The day to day legal and financial affairs of the charity are administered from the principal office, Iknown
within the Eparchy as the 'Curial Office'l by the Eparchial chan￿lIor and Finance Officer. They are
assisted by paid staff and volunteers in the Finance, Propety, Human Resources, Communications,
Fundraising, Legal and Planning functions.
Eparchial Finance Office is based at the Registered Office. The Eparchial Finance Office is functioning in
concurrence with the Finance Council for the execution of the policies laid down by the Finan￿ Council.
The Finance Office co-ordinates the central finances and budgets of the Eparchy and supervise & collate
accounting procedures of all parisheslmissionslproposed missions and deals with all aspects of Gift Aided
donations and salaries & allowan￿$.
The Eparchial Tribunal deals with marriage annulment petitions and the office of the Chancellor deals with
other Canonical mallers.
There is also the Council of Priests called the College of Eparchial Consultors, which meets Im1￿ per year
with the Bishop lo discuss and give advice on a wide range of issues.
At Parish, Mission and Proposed Mission level, the priest in charge is responsible for all aspects of running
his unil. Each unit is required to have a committee which meets regulady to support and advise the priest
particularfy in the areas of pastoral and finance matters. A comprehensive 'Financial and Adminislralion
Guidelines are issued by the Eparchy. These guidelines are updated regularly and are the basis for
internal audit. Pastoral Letters, circulars and letters are issued by the Bishop regularfy through which
policies are communicated to priests covering both Iilurgicallpastoral and, when required, financial and
administrative matters. Further support is also available from the regional directors and the Eparchial Curia.
Data Protection
The Catholic Syro-malabar Eparchy of Great Britain ICSMEGBI, through ils Trustees, takes the role of a
Data Controller and consequently process all Personal Data (including Special Categories of Personal Data
and Personal Sensitive Dalal about Data Subjects in Complian￿ with the UK General Data Protection
Regulation (UK GDPRI, the Dats Protection Act 2018 IDPA 20181 and any other relevant data protection
legislation, domestic or otherwise. 11 maintains a roll-on registration with the Information Commissioner's
Office in the UK as a data controller and has an appointed Dats Protection Officer in line with UK GDPR
requirements. To demonstrate Syro-malabar eparchy's on-going compliance, Il also maintains a suite of
Data ProtectionllT Security policies for slafflvolunleers lo follow.
Safeguarding
The Eparchy follow the policies and prO￿dureS of the Catholic Church of England and Wales.
functioning as part of the Catholic Safeguarding Standard agency ICSSAI. The policies and prO￿dureS are
found in the www
k which includes policy slalemenl, structure and roles, key
principles and values, legislative frame work, responding lo allegation and cOn￿ms, information sharing
and data protection, safer recruitment process and safer working pradices and creating safer environment
The Eparchy organised several programmes and meètings for the wellbeing of the members of the Eparchy
and the trustees as well 8S to keep key $18keholders informed. It also formulated a Sub-committee in
accordance with the regulation of the Standard Agency. The sub-committee meeting was held several limes
during the year lo evaluate the functioning and progress.
12-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Key management personnel and rgmungration
The Iruslees consider that the Trustees of the CIO, the Vicar Generals, the Chancellor, the Finance Offi￿r,
together with the Finance Secretary are the key management personnel of the charity in charge of directing
and controlling the charity and running and operating the charity on a day lo day basis. None of these are
employees of the CIO, except the Finance Secretsry. The Iruslees, eX￿pt Mr Xavier Abraham, are also
functioning clergies of the Eparchy and are entrusted with pastoral services. They receive an allowance as
providers of pastoral services. Their role as trustees are voluntary and do not receive any financial benefit
of any kind to conduct their responsibilities as trustees of the CIO. Mr Xavier Abraham is also rendering his
services voluntarily as a Trustee, and does not receive any financial benefit of any kind.
Details of trustees'& key management personnel's remuneration., and related paty transactions are
disclosed in Notes 10 and 11 Irespectivelyl lo the accounts. Trustees are required to disclose all relevant
interèsts and register them with the Finance Officer and in accordance with the CIO'S policy, wilhdow from
decisions where a conflict of interest arises.
Going Concern
The CIO'S activities, together with the factors likely to affect its future development principal risks and
uncertainties facing the CIO and ils availability of unencumbered cash reserves are sel out within the
Trustees, Report. in the following pages. Ils financial position in terms of the year's results, Ils assets and
liabilities and movement in cash are set out in the primary financial statements. Though these are the initial
years of operation of the CIO, the current cash flow through donations of the faithful and benefactors Is 8
strong basis for its futu￿ progress. The Trustees believe that, there are no material uncertainties about the
CIO'S ability to continue as a going concern and that it is well placed to manage the potential risks. The
Trustees therefore have a reasonable expectation that the CIO has adequate resources to continue ils
operations for the foreseeable future. Accordingly, they continue to adopt the going concern basis in
preparing the annual report and accounts.
Disclosure of information to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is r2levant to
the audit, bul of which the auditor is unaware. They have further confimied that they have taken appropriate
steps lo identify such relevant information and to establish that the auditor is aware of such information.
The trustees, report was approved by the Board of Trustees.
Reverend S Kuriakose
Trustee
Dated..
1610112023
13-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2022
The trustees are responsible for preparing the Trustees, Report and the financial ststements in accordance
with 8pplicable law and United Kingdom Accounting Stsndards Iunited Kingdom Generally Accepted
Accounting Praclicel.
The law applicable lo charities in England and Wales requires the Iruslees to prepare financial statements for
each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming
resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistendy.,
observe the methods and principles in the Charities SORP FRS102',
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subjeel to any material departures
disclosed 8nd explained in the financial statements," and
prepare the financial statements on the going cOn￿M basis unless il is inappropriate to presume that the
charity will continue in operation.
The Iruslees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy
at any lime the financial position of the charity and enable them lo ensure that the financial statements
comply with the Charities Act 2011. the Charity (Accounts and Reportsl R￿ulatiONS 2008 and the provisions
of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
14-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
Opinion
We have audited the financial statements of Catholic Syro-malabar Eparchy of Great Britain Ithe 'charity'l for
the year ended 31 March 2022 which comprise the statement of financial aclivilies, the balance sheet the
statement of cash flows and the notes lo the financial slalemenls, including significant accounting policies.
The financial reporting framework that has been applied in their preparation Is applicable law and United
Kingdom Accounting Standards, Including FRS 102 The Financial Reporting Standard appliGable in the UK
and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the stale of the charity's affairs as al 31 March 2022 and of its incoming
resources and application of resources, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice," and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS (UKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities
for the audit of the financial statements section of our report. We are independent of the charity in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan￿ with these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relating to going concern
In auditing the financial stalemenls, we have concluded that the Iruslees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material un¢ertainlies relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a
going concern for a period of at least twelve months from when the financial statements are authori*d for
issue.
Our responsibilities and the responsibilities of the trustees with respect to going Gon￿rn are described in the
relevant sections of this report.
Other information
The other infomation comprises the information included in the annual report other than the financial
statements and our auditor's report Ihereon. The trustees are responsible for the other information contained
within the annual report. Our opinion on the fi'nancial slalemenls does not cover the other Informal￿n and we
do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial slalemenls
or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misstated. If we
identify such material inconsistencies or apparent material misstalemenls, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we h8ve performed, we conclude that there is a material misstatement of this other information, we are
required to report that fact.
We have nothing to report in this regard.
15-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
Matters on which we are requirgd to report by exception
We have nothing lo report In respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us lo report to you if, in our opinion".
the information given in the financial statements Is Inconsistent in any material respect with the trustees,
report., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records", or
we have not re￿iVed all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities, the ttustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the trustees determine is necessary to enable the preparation of financial statements that
are free from material misstalemenl, whether due lo fraud or error. In preparing the financial statements, the
Iruslees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as
applicable, matters related to going concern and using the going concem basis of accounting unless the
Iruslees either intend lo cease operations, or have no realistic alternative but lo do so.
Auditor's responsibilities for the audit of the financial $tstements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan￿ with
the Act and relevant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free
from material misslalemenl, whether due lo fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always delect a material misstalemenl when il exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of nOn￿ompliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud, is detailed below.
Enquiries with management about any known or suspected instances of non<0mplian￿ with laws
and regulations.,
Enquiries with management about any known or suspected instances of fraud.,
Review minutes of meetings of those charged with governanee.,
Review of legal and professional expenditure to identify any evidence of ongoing litigation or
enquiries.
Owing lo the inherent limitations of an audit, there is an unavoidable risk that some material misstatements in
the financial slalements may not be detected, even thought the audit is properly planned and perfor￿ed in
accordance with the ISAS IUKI. For instance, the further removed the non-compliance is from the events and
transactions reflected in the financial stalemenls, the less likely the audit is to become aware of it or to
recognise the non compliance.
A further description of our responsibilities is available on the Financial Reporting Council's website al". https".11
www.frc.org.uklaudilorsresponsibililies. This description forms part of our auditor's report.
16-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
Your attention is drawn lo the fact that the charity has prepared financial statements In accordance with
"Accounting and Reporting by Charities.. Statement of Recommended Practi￿ applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" las amended) in p￿ference to the Accounting and Reporting by Charities..
Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extsnt regulations but
has now been withdrawn.
This has been done in order for the financial statements lo provide a true and fair view in accordance with
current Generally Accepted Accounting Practi￿.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities
(Accounts and Reportsl Regulations 2008. Our audit work has been undertaken so that we might stste to the
charity's trustees those mallers we are required lo stale lo them in an auditors, report and for no other
purpose. To the fullest exlenl pemiilled by law, we do not accept or assume responsibility to anyone other
than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we
have formed.
NHA
1710112023
MHA Moore and Smalley
Chartered Accountants
Statutory Auditor
Richard House
9 Winckley Square
Preston
PR13HP
MHA Moore and Smalley is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under of section 1212 of the Companies A¢1 2006.
17-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted Restricted Endowment
funds
funds
funds
2022
2022
2022
Totsl
Total
2022
2021
Notes
nd
Donations and legacies
Charitable activities
Other trading activities
Other Income
wm
1,718,849
1,718,849
273,027
6,707
1,010
975,763
141,079
25,450
273,027
6,707
1,010
Total income and endowments
1,726,566
273,027
1,999,593 1, 142,292
enditure on..
Charitable activities
1,367,470
1,367,470
789,958
other
12
4,179
4,179
Total resources expended
1,371,649
1,371,649
789,958
Net Income I lexpendlturel
354,917
273,027
627,944
352,334
Transfers be￿een funds
273,027
{273,0271
Net movement In funds
627,944
627,944
352,334
Fund balances at 1 April 2021
1,273,685
1,300,000 2,573,685 2,221,351
Fund balances at 31 March 2022
1,901,629
1,300,000 3,201,629 2,573,685
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
18-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Notes
Fixed assets
Tangible assets
13
2,512,063
1,877,930
Current assets
Debtors
Cash at bank and in hand
14
190,963
1,006,858
109,393
709,246
1,197,821
818,639
Creditors: amounts falling due within
one year
16
1285,6481
1107,8841
Nel current assets
912,173
710,755
Total assets less current Ilabllltles
3,424,236
2,588,685
Credltors: amounts falllng due after
more than one year
17
1222,6071
115,000}
Net assets
3,201,629
2,573,685
Funds ofthe Charity
Endowment fund
Income funds
Unreslricled funds
Designated funds
Geneol unrestricted funds
1,300,000
1,300,000
19
83,204
1,190,481
1,901,629
1,901,629
1,273,685
3,201,629
2,573,685
Ii¥i iknjol ?LUifll Ifllij wvrir approved by the Trustees on
1610112023
Reverend S Kuriakose
Trustee
19-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
2022
2021
Notes
Cash Ilows from operating activities
Cash generated from operations
22
724,491
400,125
Investing activities
Purchase of tangible fixed assets
1672,4371
1180,5671
Net eash used In Investlng actlvltles
1672,4371
{180,5671
Financing activities
Pro￿edS from borrowings
Repayment of borrowings
Proceeds of new bank loans
Repayment of bank loans
42,951
114,5001
210,000
17,3931
Net cash generated froml{used in)
financing activities
245,558
114,5001
Net increase in cash and cash oquivalents
297,612
205,058
Cash and cash equivalents al beginning of year
709,246
504,188
Cash and cash oquivalents at end of year
1,006,858
709,246
-20-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
Charity infomiation
Catholic Syro-malabar Eparchy of Great Britain is a Charitable Incorporated Organisalion registered in
England and Wales. The registered office is St Alphonsa Cathedral, St Ignalius Presbytery, St Ignalius
Square, Preston, PR1 1Th.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's goveming document, the
Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 leffeclive October 20191. The charity is a Public
Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008
only to the exlenl required lo provide a true and fair view. This departure has involved following the
Slalement of Recommended Practi￿ for charities applying FRS 102 rather than the version of the
Slalement of Recommended Practice which is referred to in the Regulations but which has since been
withdrawn.
The financial slalemenls are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified lo include
the revaluation of freehold properties and lo include investment properties and ￿rtain financial
Instruments al fair value. The principal accounting policies adopted are sel out below.
1.2 Going concern
The financial statements have been prepared on 8 going concern basis and the trustees believe that no
Material uncertainties exist. The Trustees consider that the charity has sufficient reserves lo meet
liabilities as they fall due for at a period of al least ￿e1ve months from the dale of signing the accounts
and the accounts should therefore continue to be prepared on a going concern basis.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Iruslees in furtheran￿ of their charitable
objectives.
Reslricled fvjnds are subject lo 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 lo the financial statements.
Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the
charity.
1.4 Incoming rèsources
Income is recognised when the charity is legally entitled to il after any performance conditions have
been met, the amounts can be measured reliably, and Il is probable that income will be received.
Cash donations are recognised on re￿ipt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount.
Grants are recognised when the charity is entitled to the income.
21

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
(Continued}
1.5 Resources expended
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be ful
recovered, and is reported as part of the expenditure to which it relates.
Expenditure on charitable activities comprise the costs incurred by the charity in the delivery of its
activities and services in the furtherance of its objects, including the making of grants and governan
costs.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net
of depreciation and any impaimient 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..
Freehold land and buildings
Property improvements
Fixtures and fittings
not depreciated
2Q/o p.a. straight line
200A p.a. straight Iline
The gain or loss arising on the disposal of an asset is determined as the differen￿ be￿een the sale
proceeds and the carrying value of the asset, and is recognised in nel incomellexpenditurel for the year.
1.7 Impaimient of fixed assets
Al each ￿pOrtirng end date, the charity reviews the earrying amounts of its tangible assets to determine
whether there is any indication that those assets have sUffe￿d an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order lo determine the exlenl of the
impairment loss lif 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.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section
12 '0ther Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
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 stalemenls,
when there is a legally enforceable right to set off the recognised amounts and there is an intention lo
settle on a nel basis or lo 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 pri￿ 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 al a market rate of
interest. Financial assets classified as receivable within one year are not amortised.
-22-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
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 Iransaclion, where the debt instrument is measured al
the present value of the future payments 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 rale 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 norvcurrent liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the effective
interest method.
Derecognltlon of financlal Ilabllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or are di￿harged
or cancelled.
1.10 Employee beneflts
The cost of any unused holiday entitlement is ￿cOgniSed in the period in which the employee's services
are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably
commilled to terminate the employment of an employee or lo provide termination benefits.
1.11 Retirement benefits
Payments lo defined eontribulion retirement benefit schemes are charged as an expense 8S they f811
due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required lo 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 conside￿d 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 Cuwenl and
future periods.
Key soy￿e$ of estimation uncertainty
Valuation of land and buildings
The valuation of land and buildings is based on the estimated market value al the time of transfer. It is
not considered appropriate to depreciate the land and buildings donated to the Charity given the age
and use of the buildings. Propety improvements are depreciated based on 8 estimate of their useful
economic life.
-23-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Donations and legacigs
Unrestricted Rgstricted
funds
funds
Totsl
Total
2022
2022
2022
2021
Donations and gifts
Grants received
1,718,849
1,718,849
972,041
3,722
1,718,849
1,718,849
975,763
For the year ended 31 March 2021
920,455
55,308
975,763
Charitable activities
Grant
income
2022
Grant income
2021
Gr8nl income
273,027
141,079
Historic England
Other grant
223,496
49,531
116,726
24,353
273,027
141,079
other trading activities
Unrestricted Unrestricted
funds
funds
2022
2021
Fundraising events
6,707
25,450
-24-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Othgr incomg
Unrestricted
funds
Total
2022
2021
Rental income
1,010
Charltable actlvltles
2022
2021
Staff costs
Depreciation and impairment
Bible convention and seminary
Speci81 events
Motor and travel costs
Premises costs
General administrative costs
Clergy allowance
Clergy expenditure
Rent and rates
Bible art feslivall Grand mission
Pious expenditure
Lilurgyl Catechism costs
Professional services
30,625
38,305
32,501
145,820
42,096
237,498
46,346
381,140
49.237
230,021
20,169
25,795
9,084
16,866
40,117
106,935
23,502
215,896
16,873
123,207
18,719
140,533
21,994
6,488
57,028
62,043
9,230
1,361,890
786,178
Share of governance costs (see note 81
5,580
3,780
1,367,470
789,958
Analysis by fund
Unreslricled funds
Restricted funds
1,367,470
734,650
55,308
For the year ended 31 March 2021
Unreslricled funds
Restricted funds
734,650
55,308
789,958
-25-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Support costs
SupportGovernance
costs
costs
2022
Support Governance
costs
costs
2021
Audit fees
Accountancy
4,250
1,330
4,250
1,330
3,780
3,780
5,580
5,580
3,780
3,780
Analysed belween
Charitable activities
5,580
5,580
3,780
3,780
Audltor's remuneratlon
The analysis of audilorfs remuneration is as follows..
Fees payable to the charity's auditor and associates:
2022
2021
Audit of the charity's annual accounts
4,250
3,780
Non4udlt servlces
All other non-audit ServI￿S
1,330
2,520
10 Trustees
None of the Iruslees lor any persons connected with them) received any remuneration or benefits from
the charity during the year. No trustees were reimbursed for travel expenses during the year.
-26-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
11 Employeos
Number of employees
The average monthly number of employees during the year was..
2022
Number
2021
Number
Employment costs
2022
2021
Wages and salaries
Social security costs
Other pension costs
27,984
2,105
536
18,209
1,547
413
30,625
20,169
There were no employees whose annual remuneration was £60,000 or more.
12 Other
Unrestricted
funds
Total
2022
2021
Loan interest
4,179
4,179
-27-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
13 Tangiblg fixed assots
Freehold land
Prtsperty Fixtures
and buildiny$ improvetnenls
fitting$
TtJtsl
Cost
Al 1 April 2021
Additions
1,300,000
300,000
601,268
359,183
19,248
13,254
1,920,516
672,437
At 31 March 2022
1,600,000
960,451
32,502
2,592,953
Deprociation and impairment
Al 1 April 2021
DeP￿CIatIOn charged in the year
35,892
29,109
6,693
9,196
42,585
38,305
At 31 March 2022
65,001
15,889
80,890
Carrylng amount
Al 31 March 2022
1,600,000
895,450
16,613
2,512,063
Al 31 March 2021
1,300,000
565,375
12,555
1,877,930
14 Debtors
2022
2021
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
154,021
36,942
48,830
60,563
190,963
109,393
15 Loans and overdrafts
2022
2021
Bank loans
Other loans
202,607
67,951
25,000
270,558
25,000
Payable within one year
Payable after one year
47,951
222,607
10,000
15,000
-28-

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
16 Creditors: amounts falling due within ong ygar
2022
2021
Borrowings
Other creditors
Accruals and deferred income
47,951
5,249
232,448
10,000
5,249
92,635
285,648
107,884
17 Creditors: amounts falling due after more than one
year
2022
2021
Notes
Bank loans
Other borrowings
15
202,607
20,000
15,000
222,607
15,000
-29-

Ln Ct)
troLL￿r>

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
19 Designatod funds
The income funds of the charity include the following designated funds which have been sel aside out of
unreslricled funds by the trustees for specific purposes..
Movement In funds
Re$ourre5
expended
Movement In funds
Incoming
Re50urGes
BalanGe at
resources
Èxpended 31 March 2022
BalanGe at
1 April 2020
Balance Ht
1 April 2021
resources
Evangelisatio
bible
convention
and
seminary
99,313
11,695
127,8041
83,204
1,800
185,0041
99,313
11,695
127,8041
83,204
1,800
185,0041
31

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Ln u)

CATHOLIC SYRO-MALABAR EPARCHY OF GREAT BRITAIN
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
21 Rolated party transactions
There were no disclosable related party transactions during the year12021 none).
All Trustees, other than Mr X Abraham are practising clergies of the DI0￿Se and re￿1ve an allowance
for their pastoral services. The Trustees do not receive remuneration for their work as Trustees.
22 Cash generated from operations
2022
2021
Surplus for the year
627,944
352,334
Adjustments for..
Depreciation and impaim)ent of tangible fixed assets
38,305
25,795
Movements in working capital..
{Increasel in debtors
Increase in creditors
181,5711
139,813
136,8711
58,867
Cash generated from operations
724,491
400,125
23 Analysis of changes in net funds
At 1 April 2021
Cash fI0￿￿ACqulSiIiOnS andAt 31 March 2022
di5posa15
Cash al bank and in hand
709,246
297,612
1,006,858
Loans falling due within one year
Loans falling due after more than one year
{10,0001
5,000
{15,0001 1207,6071
142,9511
147,9511
1222,8071
684,246
95,005
142,9511
736,300
33-