| Restricted | Restricted | Total | Totat | |||
|---|---|---|---|---|---|---|
| Note Unrestricted funds | turds | 2022 | 2A2L | |||
| fff | f | f | ||||
| INCOMINGRESOURCES | 2 | |||||
| Voluntarylncome | ||||||
| Diocesancontributions | 19,91.3 | 0 | 19,913 | 17,008 | ||
| Generatedlncome | ||||||
| MagazineandWebsite lncome | 59,629 | 0 | 59,629 | 68,409 | ||
| AGM/Conferencelncome | 0 | 0 | 0 | 0 | ||
| Sundrysales | 1.,843 | 0 | L,843 | 2,O00 | ||
| 6L,472 | 61,472 | 70,409 | ||||
| Otherincome | 0 | 0 | 0 | 4L | ||
| Donationsreceived | 118 | 0 | 118 | 50 | ||
| lnvestmentlncome | 3,848 | 0 | 3,848 | 4,L41 | ||
| Totallncome | 85,35L | 0 | 85,351 | 9L,649 | ||
| Add:Saleof shares | 0 | 0 | 0 | 35,000 | ||
| TOTATINCOTVIINGRESOURCES | 85,351 | 0 |
85,351L26,649 | |||
| RESOURCESEXPENDED2 | ||||||
| CostofGeneratingFunds | ||||||
| Fundraising costs | 0 | 0 | 0 | 0 | ||
| CostofGenerated lncome | ||||||
| Magazi neand Website costs | 63,585 | 0 | 63,585 | 65,893 | ||
| AGM/Conference costs | 0 | 0 | 0 | 0 | ||
| Costofsundry | sales | 88s | 0 | 885 | L,874 | |
| 64,470 | 0 | 64,470 | 67,767 | |||
| Other CharitableActivities | ||||||
| Trainingproject | 0 | 0 | 0 | 0 | ||
| 2019website | 0 | 0 | 0 | 115 | ||
| Subscriptionswebsite/database | 4,380 | 0 | 4,380 | 20,463 | ||
| General | 3,885 | 0 | 3,885 | 4,5L6 | ||
| Grants made | 2,254 | 0 | 2,254 | 2,250 | ||
| 10,515 | 0 | 10,515 | 27,344 | |||
| Governancecosts | 16,858 | 0 | 16,858 | 12,836 | ||
| TOTATRESOURCES USED | 9 | 0 | 9L,843LO7,947 | |||
| NETRESO,,RCES | 4,492 | o | -6,49218,702 | |||
| UNREALISEDGAINS | ||||||
| (Decrease)/lncreasein val ueofinvestments | -L5,732 -22,224 |
0 0 |
-L5,7371,6,876 -22,224 10,384 |
|||
| Less:Sharessold | 0 | 00 | -3L,806 | |||
| FUNDSasatlstJANUARY2021 | 173,145 | 0 | L73,145 L94 567 |
|||
| FUNDSAT31ST DECEMBER2021 | LsA,92t | 0 | t5a,92lL73,L45 |
| IONGIERMINVESTMENT | |||||
|---|---|---|---|---|---|
| CBFlnvestmentFund | Shares | Lt8,5t2 | L34,244 | ||
| (atmarket bid value)(Note7) | |||||
| CURRENTASSETS | |||||
| Stock | 5,306 | 3,12O | |||
| Sundrydebtors | 3,11! | 5,2L4 | |||
| CBFGeneral Fund Deposit A/C | 24,L40 | 25,t4O | |||
| CBFAdamsMylandDeposit A/C | t9,3L9 | 19,319 | |||
| CAFBankCurrentA/C | 3,342 | 2,O29 | |||
| CAFBankDepositA/C | 2,635 | 6,377 | |||
| 54,853 | 6L,198 | ||||
| LESS:CURRENTtlABl[mES | |||||
| Creditors | 1,554 | 875 | |||
| 53,299 | 60,323 | ||||
| NETASSEts | 172,344 | 194,567 | |||
| BY: | |||||
| -IINANCED Unrestricted funds |
|||||
| Capitalfund | L2,483 | L2,483 | |||
| Investmentmarketvalue | 94,836 | LLO,567 | |||
| 707,3L9 | L23,O50 | ||||
| lncomefunds | |||||
| General | (Note2) | 5,O29 | 6,200 | ||
| Delegated Funds | (Note 3) | -t,L6L | 4,O20 | ||
| Mylandand Adams | (Note4) | 46,037 | 44,985 | ||
| Special | (Note4) | t5,!20 | 1,6,3t2 | ||
| 65,025 | 71,5L7 | ||||
| TOTAL FUNDS | 172,344 | 194,567 |
| INCOMINGRESOURCES | |
|---|---|
| Recognitionofincoming | Theseareincludedinthe Statementof FinancialActivities(SOFA)when: |
| resources | |
| Lthe charitybecomesentitledtotheresources; | |
| 2thetrusteesarevirtuallycertaintheywiII receivetheresources;and | |
| 3 themonetaryvalue canbemeasuredwithsufficientreliability. | |
| Incomingresou rceswith related expenditure |
Whereincomingresourceshaverelated expenditure(aswithfundraisingor contract income)theincomingresourcesandrelated expenditureare reportedgrossin theSOFA. |
| Grantsanddonations | Grants anddonationsareonly includedintheSOFAwhenthe charityhas unconditional entitlement totheresources. |
| Thevalue ofservices andfucilitiesprovided to the Councilbythe | |
| Donatedservicesandfacilities | Archbishops Council hasnotbeenestimatedandthereforeisexcluded |
| fromthesestatements. | |
| Volunteerhelp | The val ueofany voluntaryhelpreceivedisnotincludedinthe accountsbut isdescribedinthetrustees' annualreport. |
| lnvestmentincome | Thisisincludedinthe accounts whenreceived. |
| lnvestmentgainsandlosses | Thisincludesanygainorlossonthesaleofinvestmentsand anygainorloss resultingfromrevaluing investmentstomarketvalueattheendoftheyear. |
| Liability recognition | Liabilitiesarerecognised assoonasthere isalegalor |
|---|---|
| constructivs obligation committingthe charitytopayout | |
| res0urces. | |
| Governancecosts | lncludecosts ofthe preparationandexaminationofstatutory |
| accounts, thecosts of ExecutiveCommitteemeetingq | |
| officersexpensesand anylegaladvicetothe trusteeson | |
| governanceorconstitutionalrnatters. | |
| Grantspayablewithout | Thesareonlyrecognisedintheaccountswhena |
| performanceconditions | commitmenthasbeenmadeandtherearenoconditions |
| tobemetrelatingto thegrant whichremainsinthe | |
| controlofthecharity. | |
| ASSETS | |
| lnvestments | lnvestments quotedonarecognised stock exchange are |
| valuedatrnarket valueattheyearend. | |
| Stocks | Thesearevaluedatthe lowerof costor net realisable |
| value. |
| 2.Analysis ofStatementof Fina | ncialActivities | ncialActivities | ncialActivities | ||
|---|---|---|---|---|---|
| GeneralDelegatedDesignated funds funds funds |
2022 | 202L | |||
| (Note3) | (Note4) | ||||
| lncome | |||||
| Diocesancontributions | 19,9L3 | 1.9,9L3 | !7,O48 | ||
| Salesofmerchandise | 1,843 | 1,843 | 2,000 | ||
| Reader Magazinelncome | 59,629 | 59,629 | 68,409 | ||
| Donationsreceived(Note4) | 118 | r.18 | 50 | ||
| lnterestetc received | 546 | 3,302 | 3,848 | 4,74L | |
| Other income | o | 4t | |||
| Totallncome | 22,420 | 59,629 |
3,302 | 85,35L | 9L,649 |
| AddSaleofshares | 0 | 35,000 | |||
| 22,424 | 59,629 |
3,302 | 85,351 | L?6,649 | |
| Expenditure | |||||
| Salaries | t2,728 | 1,900 | 1_4,628 | 14,361, | |
| Professionalfees | 6,280 | 1,035 | 7,315 | 7,23O | |
| Officersexpenses | 1,57O | L,L45 | 2,7L5 | L,334 | |
| AGM | 0 | 0 | |||
| ExecutiveCommittee | 2,560 | 2,560 | 0 | ||
| Othercommitteemeetings | 954 | 954 | 0 | ||
| Trainingresourceproject | 0 | 0 | |||
| Magazineproductioncosts | 53,089 | 53,089 | 55,801 | ||
| Legacytechnologycosts | 0 | 0 | |||
| 2019website | 0 | 115 | |||
| Subscriptionswebsite | 3,156 | 3,156 | 20,462 | ||
| Subscriptionsdatabase | 1,224 | L,224 | L,OO2 | ||
| Costof merchandise sold | 88s | 885 | 1.,874 | ||
| Grants made | 2,250 | 2,25O | 2,25O | ||
| Independentexami ner fee | 100 | 100 | 100 | ||
| Adminexpenses | 2,327 | 2L7 | L57 | 2,70L | 3,417 |
| Depreciation | 266 | 266 | 0 | ||
| Totalexpenditure | 20,436 | 64,809 | 6,598 | 91,843 | 707,946 |
| Surplus(Deficit) fortheyear | 1,984 | (5,180) | (3,2961 | {6,4921 | L8,703 |
| Transfer betweenfunds | 0 | 0 | 0 | 0 | 0 |
| Balancesbroughtforward Balancescarriedforward |
6,247 8,185 |
4,Otg -L,L6|61,297 58,001 |
7'1,,5L7 52,874 65,0257L,5L7 |
||
| Unreal ised zurpluson investme | nts | ||||
| Asat 1st January2O22 | 2,283 | 0 | 108,285 | 110,568 | t25,498 |
| RealisedonSaleof shares | 0 | -31,806 | |||
| Decreasein valueduringyear | -1,579 | -74,L53 | -15,732 | L6,876 | |
| Asat31stDecember2022 | 704 | 0 | 94,L32 | 94,836 | 110,568 |
| TheEditoriatandWebsitecommitteesha knownasCommunications Summaryofthethreezubcommittees: |
ve beenamalgam | atedint | oonefun | d | |
|---|---|---|---|---|---|
| Communicat | |||||
| ions | Conftrence | 2A2l | zAZt | ||
| lncome | |||||
| Magazinesubscriptions Magazineadvertising |
49,955 9,674 59,629 |
0 | 49,955 9,674 59,629 |
54,632 t3,777 69,409 |
|
| Etpenditure | |||||
| Salarycosts | 1,900 | 0 | 1,900 | 2,389 | |
| Officersexpenses | L,L45 | 0 | L,L45 | 47L | |
| Professionalfees | 6,280 | 0 | 6,280 | 6,030 | |
| Magazineproductioncosts | 53,089 | 0 | 53,089 | 55,801 | |
| Meetings | 954 | 0 | 954 | o | |
| Subscriptionsdatabasemaintenance | L,224 | 0 | L,224 | 7,007 | |
| Cardhandlingfees | 71t | 0 | 217 | 200 | |
| 64,809 | 0 | 64,809 | 65,893 | ||
| Magazi nesurpl us/(deficit) | {5,180) | 0 | (5,180) | ?,516 | |
| Less: Legacytechnology | 0 | 0 | 0 | 0 | |
| lncrease(Decrease) | (5,180) | 0 | -5,180 | 2,5L6 | |
| Transfer | o | 0 | 0 | 0 | |
| BalancesatlstJ Balancesat31stDecember |
019 (1,151) |
0 0 |
4,ALg (1,161) |
L 3 4,OL9 |
| Mylandand | Total | Total | ||
|---|---|---|---|---|
| Adams | Special | 202t | 202t | |
| lncome | ||||
| lnvestment | 3,302 | 3,302 | 3,O87 | |
| Donations fromdioceses | 0 | o | ||
| Proceedsfrom thesaleofshares | 0 | 35,000 | ||
| 3,302 | 0 | 3,302 | 38,097 | |
| Expenditure | ||||
| Grants made | 2,254 | 2,250 | 2,250 | |
| Social Media | 1,035 | 1,035 | 0 | |
| Meetings | t57 | L57 | 0 | |
| Trainingproject | 0 | 0 | L,200 | |
| 2019website | 0 | 0 | 115 | |
| Subscriptionsdatabase | 0 | 0 | 20,462 | |
| Subscriptionswebsite | 3,156 | 3,1_56 | 0 | |
| 2,25O | 4,348 | 6,598 | 24,027 | |
| Netincomebeforetransfers | 1",052(4,348) | (3,2961 | t4,O6O | |
| Transfurs | ||||
| 1,O52 | (&,3481 | (3,2961 | 14,060 | |
| BalanceatlstJanuary Balanceat3lstDecember |
44,985 46,037 |
L6,3L2 1.7,964 |
6L,297 58,001 |
47,237 6L,297 |
|ffieseno
4. DesignatedFunds(continued||tesformpartoftheAc|counts)||||
|---|---|---|---|---|---|
||Myland/
Adams|Special||Total
2422|Total
2021|
|Capital lnvestrnent||||||
|Original investment|12,483|||12,483|L2,483|
|Saleofsharesatcost|o|||0|0|
|Investment carriedforward|L2,483||0|L2,483|L2,483|
|Changeinmarketvalue||||||
|to1stJanuary|108,285||0|108,285|93,103|
|Realisedsurplusonshares|o|||0|0|
|lncrease {decrease)intheyear
At 31stDecember|-14,153
94,L32||o|-1"4,L53
94,132|L5,L82
108,285|
|lnvestment value||||||
|asat31stDecember|106,6L5||0|106,615|L24,768|
| September2022whenthedatabaseadministratorleft{therolehasbeentakenover} 2022 2021. |
|---|
| Salaries L4,628 14,361 |
| T.lnvestments | ||||
|---|---|---|---|---|
| Designated fundsGeneralfund |
Total 2021 |
Total 202t |
||
| AtlstJanuary | L2O,768 | 13,477 | 1.34,245 | 'J.49,175 |
| Saleofshares | o | -35,000 | ||
| (Decrease)/lncreaseduringyear | -1_4,153 | -7,579 | -15,732 | 20,470 |
| At31stDecember | 106,615 | 1L,898 | 118,513 | 1-34,245 |