2022-12-31-accounts

Trustees'		Sister JArrowsmith
		Sister M McNamara
		Sister TCooney
		Sister ACallaghan
		Sister MJJAye	- appointed	21/06/2022
		Sister A Papsiologou	-appointed	21/06/2022
		Sister F Ciobanu	-appointed	21/06/2022
Charity number		1188025
Company	number	CE020748
Principal	address	Convent ofSt. Emilie
		Grange Road
		Bowdon Vale
		Cheshire
		WA14 3EZ
Telephone		01619284412
Email		provbur@sjapp. org
Auditors		Azets Audit Services
		Alpha House
		4Greek Street
		Stockport
		Cheshire
		SK38AB
Bankers		Royal Bank ofScotland pic
		Drummond House
		1 RedheughsAvenue
		Edinburgh
		EH12 9JN
Solicitors		Stone King LLP
		Broad Quay House
		Bristol
		BS14DJ
Investment	managers	Barclays
		4th floor, Bridgewater	House
		Counterslip
		Finzels Reach
		Bristol
		BS16BX

		Page
Trustees' report		1-6
Statement oftrustees'	responsibilities
Independent auditors'	report	8-10
Statement offinancial	activities
Balance sheet		12
Notes to the accounts		13-21

				Unrestricted	Designated	Restricted	Total	Total
				funds	funds	funds	2022	2021
			Notes	6	6	5	5	5
Incomin resources from			enerated funds
Donations and legacies				160			160	32,586
Trading activities					1,720,251		1,720,251	1,504,234
Investment income				210,772	54,221	23,001	287,994	483,195
				210,932	1,774,472	23,001	2,008,405	2,020,015
Other incoming resources				475	184,214		184,689	227,986
Total incoming resources				211,407	1,958,686	23,001	2,193,094	2,248,001
Resources ex ended
Costs ofgenerating funds
Investment management	costs			73,471	22,536	9,343	105,350	104,244
Net incoming resources	available			137,936	1,936,150	13,658	2,087,744	2,143,757
Charitable activities
Donations				321,704		63,349	385,053	985,289
Convent costs				587,596	5,454	5,110	598,160	615,004
Total charitable expenditure				909,300	5,454	68,459	983,213	1,601,293
Trading activites					1,867,759		1,867,759	1,701,977
Total charitable and trading			expenditure	909,300	1,873,213	68,459	2,850,972	3,303,270
Governance costs				22,449	7,293		29,742	38,417
Total resources expended				1,005,220	1,903,042	77,802	2,986,064	3,445,931
Net (outgoing)fincoming		resources		(793,813)	55,644	(54,801)	(792,970)	(1,197,930)
Other recognised gains	and losses
Revaluation oftangible fixed			assets	2,350,000		50,000	2,400,000
Net movement in investments				(1,883,338)	(1,142,508)	(307,341)	(3,333,187)	3,374,324
Net movement in funds				(327,151)	(1,086,864)	(312,142)	(1,726,157)	2,176,394
Fund balances at 1 January		2022		27,937,719	7,007,680	2,773,585	37,718,984	35,542,591
Fund balances at 31 December
2022				27,610,568	5,920,816	2,461,443	35,992,827	37,718,985

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	Genetal funds, '„'.. :.,	„"-, '		-".,.'.2?419933 ":' ';	27,937,719

		2022	2021
		6	6
Donations and gifts		160	1,580
Legacies receivable			31,006
		160	32,586
Trading activities
		2022	2021
Nursing home fees		1,720,251	1,504,234
Staff costs		(1,375,097)	(1,243,501)
Repairs and equipment		(165,502)	(180,075)
Management fees		(60,445)	(60,493)
Water, power and rates		(104,037)	(68,436)
Consumables and amenities		(96,495)	(90,775)
Other costs		(66,183)	(58,697)
Net income (loss) from trading	activity	(147,508)	(197,743)

		Unrestricted	Designated	Restricted	Total	Total
		funds E	funds f	funds E	2022f	2021 E
Rental income		24,600			24,600	27,254
Dividends		120,148	37,300	15,928	173,376	336,119
Investment	interest	66,024	16,921	7,073	90,018	119,822
		210,772	54,221	23,001	287,994	483,195

							Unrestricted	Designated	Total	Total
							funds	funds	2022	2021
							E	E	E	f
	Other income						475	74,385	74,860	76,687
	Sisters' pensions							109,829	109,829	151,299
							475	184,214	184,689	227,986
7	Total resources expended
									2022	2021
									E
	Costs ofgenerating		funds
	Investment	management		costs					105,350	104,244
	Charitable	activities
	Donations
	Donations	from restricted		funds					63,349	533,810
	Donations	from unrestricted			funds				321,704	351,479
	Total								385,053	985,289
	Restricted	convent costs							10,564	48,418
	Unrestricted	convent	costs						ee7,596	557,580
	Total								598,160	616,004
	TTdi d
	Care home	costs from designated				funds			1,867,759	1,701,977
									2,850,972	3,303,270

Governance	costs
				2022	2021
				5
Accountancy				21,543	22,914
Legal				5,861	8,935
Other costs				2,338	6,568
				29,742	38,417
Governance	costs includes	payments	to the auditors of813,450(2021:812,450)
for audit fees.

The average	monthly number ofemployees during t	he year was:
		2022	2021
		Number	Number
		72	71
Employment	costs	2022	2021
		8	2
Wages and salaries		1,388,570	1,288,435
Social security costs		1'l6,550	82,828
Other pension costs		26,177	39,078
		1,531,297	1,410,341

12	Tangible fixed assets
		Land and	Plant and	Motor	Total
		buildings	machinery	vehicles
		6	6
	Cost
	At 1 January 2022	3,840,000	151,300	26,925	4,018,225
	Additions		10,661		10,561
	Revaluation	2,400,000			2,400,000
	At 31 December 2022	6,240,000	161,961	26,925	6,428,886
	Depreciation
	At 1 January 2022		98,724	19,852	118,576
	Charge for the year		23,235	3,555	26,890
	At 31 December 2022		121,959	23,507	145,466
	Net book value
	At 31 December 2022	6,240,000	40,002	3,418	6,283,420
	At 31 December 2021	3,840,000	52,575	7,073	3,899,649

Freehold land and buildings were revalued	Freehold land and buildings were revalued	at market value	in 2022 by Trafford Surveyors	in 2022 by Trafford Surveyors	Limited, Chartered
Surveyors. Leasehold land and buildings	are due to be revalued			in 2024.
The historical cost of land and buildings	is	52,199,085.
Fixed asset investments
				2022	2021
				6
Listed investments
Market value at 1 January 2022				31,360,015
Transferred to entity					27,583,582
Gains and losses on investments				362,242	1,887,395
Stockbrokerfees				(108,341)	(97,989)
Capital introduced					500,000
Dividends				173,376	336,119
Interest				87,584	118,635
Funds forwarded to sisters				(984,000)	(454,754)
Increase in market value and movements	relating to additions
and disposals				(3,695,429)	1,486,929
Market value at 31December 2022				27,195,447	31,360,015
Investment property
Market value at 1 January 2022				1,045,000
Transferred to entity					1,045,000
Market value at 31 December 2022				1,045,000	1,045,000
Total fixed asset investments				28,240,447	32,405,015

14	Debtors					2022	2021
							5
	Trade debtors					24,032	31,101
	Other debtors					1,180,622	1,100,405
						1,204,654	1,131,506
	Amounts falling	due aRer more than	one year and	included	in the debtors
	above are:
						2022	2021
						5
	Other debtors due over 1 year					991,366	991,366

15	Creditors: amounts	falling due within one year	2022	2021
				6
	Trade creditors		89,212	57,100
	Other creditors		S4,436	90,026
	Accruals		123,522	109,872
	Deferred income		4,411	3,404
			311,581	260,402

	2022	2021
Expiry date:
Within one year	25,255	23,572
Between two and five years	125,630	90,714
In over five years		26,218
	150,885	140,504