## ## |Page|Contents| |---|---| ||Introduction
-Diocesan Administrator| |4 —20|Annual Report| |21-23|Independent
Auditors'
Report| |24-25|Group Statement ofFinancial Activities 2023| |26-27|Charity and Group Balance Sheet| |28|Group Statement ofCash Flows| |29-56|Notes to the Accounts| ## ## ## ## ## ## |Charitable|Charitable|Objective||Public Benejitprovided| |---|---|---|---|---| |||||No fees are payable
in respect of any of the religious
services provided
in the diocese, although
donations
are| |||||accepted, and so access to the services is never restricted on the grounds ofability to pay. In addition,
members of| |||||the Catholic
community
are encouraged,
through
their faith, to contribute
towards
a better society by becoming| |||||active volunteers
for the Common
Good through
membership
of numerous
non-Church
charities,
societies and| |||||groups
and through
participation
in the wider civil society, through
voluntary
work, membership
of governing| |||||bodies, magistrates,
membership
ofIndependent
Monitoring
Boards ofprisons and in politics and in other ways.| |||||Besides the work that is being accomplished
in parishes,
the central
services ofthe diocese also offers various| |||||support
and at the same time started key programmes
to help encourage
and nurture
parishioners'
faith so that| |||||they can better serve the Common Good, including
the support
for Maniage
and Family Life.| |||||Marriage
and Family Life - Families
figure prominently
in the life ofthe Catholic Church,
so that the Church| |||||can be a place where family life is nurtured
and supported.
During the year, 105 maniages
(105 in the previous| |||||year) were
celebrated
in the parishes.
A variety
of assistance
and support
is of'ared,
starting
with
marriage| |||||preparation
for engaged
couples, which can be provided
by the Parish Priest, and / or by teams oflay volunteers.| |||||Post wedding,
the Church continues to offer support programmes
such as Retrouvai ge aud Encounter.| |||||When
children
enlarge
a family,
the Church
continues
to walk with
families
in its catechetical
programmes.| |||||Parents who wish to have their children baptised
in the Church are offered baptismal
preparation
sessions that aim| |||||to prepare them for the responsibility
ofraising Catholic children,
and also to show them the ways in which the| |||||practice ofthe Catholic faith strengthens
the family.
455 baptisms
took place in the parishes
during
the year (338| |||||in the previous
year). The Catechism ofthe Catholic
Church
states that parents
are the first educators of their| |||||children
in the faith, and baptismal
preparation
is one ofthe ways the Church supports
them in this role. There is| |||||also a growing
trend towards
family catechesis in the broader Church,
and within
the Diocese. Family catechesis| |||||is faith education
given to different
generations
of the family together.
Most commonly
this is undertaken
in| |||||connection
with the sacramental
preparanon
ofa cluld. When a child begins preparation
for his or her First Holy| |||||Communion,
for example,
the parents (or sometimes
grandparents)
are invited to shared or parallel sessions. This| |||||is in part in response to the lack ofconfidence
expressed by many parents concerning
their ability to transmit
the| |||||substance ofthe Catholic faith to their children,
but the enthusiasm
with which
families
approach
these courses| |||||speaks ofthe value they place on Catholic family life. 530 First Communions
were held during
the year (393in| |||||the previous
year).| |Provision,|maintenance||and|At 31 March 2023 there were approximately
100 churches
or public chapels
and over 70 presbyteries
provided| |upkeep ofChurches, Public||||under this aim. The diocese has expended
K2.158 million
(K4.203 million in the previous
year) on refurbishments,| |Chnpels and||||maintenance
and repairs
to church
buildings,
presbyteries
and halls.
This
level of expenditure
reflects
the| |Presbyteri|es......|||importance
that the diocese attaches to maintaining
its sacred places ofcelebrations.| |||||The public
benefit
provided
is through
the provision
of safe and worthy
places of assembly
for the Catholic| |||||community
and through
upkeep
and public access to such buildings,
many ofwhich are listed as being ofspecial| |||||or historical
architectural
interest. The provision ofplaces ofworship
encourages
and facilitates the practice ofthe| |||||religion
by existing
followers
and adherents
as well as allowing
all people to enter and benefit
I'rom personal,| |||||spiritual
contemplation.
The proper
care of such
buildings
for current
and
future
generations
is safeguarded| |||||through
the Diocese's formal approval
procedures
with the direction ofthe Diocesan Property Commission.
The| |||||responsible
care ofthe Diocesan Trust for its 23 listed buildings
is also exercised through
the Historic Churches| |||||Committee
of the five dioceses in southern
England,
including
Plymouth.
The Historic
Churches
Committee's| |||||specific approval
must be obtained
in the place oflisted building
consent under the ecclesiastical
exemption.
The| |||||Trust is represented
on that Committee.| ## ## |OBJECTIVES AND ACTI|VITIES OF THE CHARITY FORPUB|LIC BENEFIT continued|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Charitable
Objecu've||Public Benefit provided|||||||||| ||The public benefit is also served through|the emphasis
given by the Corporate
Trustee to its moral and legal||||||||obligations|| ||to ensure the safety ofall who have access to the buildings.
As aresult, systems have||||been put|in place||to make sure that|||| ||regular building
condition
surveys
are carried out and that the implementation||ofrecommended|||work|is being|||monitored.|| ||The Corporate
Trustee effect insurance|cover in respect of the Trust's
buildings,||so that public access|||||should
not||be| ||unduly restricted by lack offunds to repair orrestore buildings
harmed
as aresult of|||accidental||or other||damage.|||| |Tlie acquisition of|||||||||||| |sites.......and the erecu'on,|This is a very major area ofwork funded|through
the Trust. The maintenance|and development|||ofchurches||||so that they|| |restoring,
altering,
enlarging,
mai ntaini ng and
repairing ofany buildings
for any ofsuch (Roman|can be worthy
places in which to worship
according to changing
needs is seen as being fundamental
to relate what is
being offered by the Diocese snd its parishes to the people they serve. The Church must be prepared to change to do this,
and be in places
where
people
can be accompanied
through
their lives
as they are actually
lived. A considerable||||||||||| |Catholicj purposes.|proportion
of parish
expenditure
is on|building
enlargement,
alteration|or repair||and
renewal.|||Curial||support|is| ||sometimes
financial but is also given through
the support
and advice ofthe||Diocesan||Property|Commission.||||The public|| ||benefits not only result &om an inclusive|and diverse community
having appropriate||places in which|||to worship, but also||||| ||more generally
because the buildings
are|signs ofcontinuity
&om times past|through||to the present||and looking forward||||| ||to the future. They are conspicuous
symbols ofthe structure
in our lives that||helps bind our society together.||||||||| |Theprovision ofcolleges
for the training of
priests......|No such colleges are located within the Diocese ofPlymouth,
but support is given to
the United Kingdom
and abroad through
payment offees for the training ofcandidates||||such colleges located
for the priesthood.||||elsewhere
in
The Church's||| ||teaching
is that only males can be considered
for such training,
but fees for traimng||||are paid|by the||Charity||so that|no| ||candidate is prevented
&om pursuing
his|calling through lack offunds.|||||||||| |Theprovision
of, or|Priests in active ministr||||||||||| |contribution
towards,
the
stipends and payments in
the nature ofapension of|The main support ofpriests and those who fulfil lay ministries
is provided
by the Trust through
year, the diocese incurred the following
expenditure
in support ofpriests in active ministry:|||||the|parishes.|||During|the| |priests, teachers, organists,|||||||||||| |choristers and other
officers and assistants of|Support payments
to priests in active ministry
2023
2022||||||||||| |the Roman Catholic||C000
C000|||||||||| |Church in the Diocese.|||||||||||| ||Allowances|239
248|||||||||| ||Housekeeping|127
125|||||||||| ||Travel|118
109|||||||||| ||Miscellaneous|47
40|||||||||| ||Total|531
522|||||||||| ||Number ofpriests in active ministry|2023
2022|||||||||| ||On active work in the Diocese|40
43|||||||||| ||OI||||||||||| ||From other dioceses|12
14|||||||||| ||From the Ordinariate||||||||||| ||From Religious Orders|28|||||||||| ||Total|83
79|||||||||| ## |Chori table Objecdre|Chori table Objecdre|Chori table Objecdre|Public Benefit provided| |---|---|---|---| ||||Priests who have resi ned from active minie| ||||The provision
of grants to those who have resigned
fiom active ministry
is generally
through
the Plymouth
Secular| ||||Clergy Fund (registered
charity number: 213232). Each year collections are made, generally
following
church services,| ||||throughout
the Diocese. Provision is also made to cover similar payments
to the Bishop when
he steps down from ec-| ||||clesiastical ofiice.| ||||During the year, the Diocesan Trust incurred 680k (2022:g130k) ofcosts in relation to priests who have resigned
fiom| ||||ministry but who were not eligible to receive the benefits offered by the Plymouth
Secular Clergy Fund. The published| ||||accounts ofPlymouth
Secular Clergy Fund (registered
charity number: 213232)for the year ended 31March 2023 show| ||||the following:| ||||2023
2022| ||||Allowances
paid to priests
f309,886
f311,648| ||||Number ofpriests that received allowances
28
32| ||||Employment
practice is supported
and monitored
for all employees,
both curial and parochial,
through
the services of| ||||the Human
Resources Olfice (and the strategic
direction ofthe HR Sub-Committee)
who, together
with the curia ad-| ||||ministrative
staff, ensure
that contributions
and pensions
are paid when appropriate
and that correct statutory
returns| ||||and payments
are made. The Delegates
and the Chief Operating
Officer work together
so that the dunes ofthe curial| ||||administrative
staff employed
in secretarial,
finance, property
and human
resources are aligned to ensure public benefit| ||||is provided through
proper governance
and the proper stewardship
ofthe Trust*s resowces.| |The prmision,
maintenance
and
upkeep ofschools and
colleges for the gen-|||The Roman Catholic schools in the Diocese provide
the environment
where children
leam snd develop
across a wide
spectrum ofdisciplines,
such as the academic disciplines,
sports, music, and practical subjects. In line with the national
Catholic
agenda,
the Trustees
are committed
towards
ensuring
that Catholic schools should
offer the opportunity
for| |eral educadon||both|students
to collaborate
with others for the common
good of all, and ultimately
to become confident
snd responsible| |religious and secular,
or religious orsecu-|||citizens striving for the good ofsociety.| |lar, ofchildren||or|As at 31March 2023, the following
Catholic schools were in the Diocese:| |young persons mem-
bers ofthe Roman|||In Plymouth
CAST*, 32Catholic primary schools, 2 Catholic secondary schools and 1pre-school| |Catholic Church ei-|||| |ther with or without|||Joint schools
—2Joint Catholic snd Church ofEngland maintained
secondary schools| |other chil dren||or|| |young persons.|||Independent
schools
—2 Independent
Catholic schools| ||||*The 32 Catholic primary
schools, the 2 Catholic secondary
schools and the pre-school
are contained
in a single multi-| ||||academy
trust, Plymouth
CAST, which
is a separate
legal entity limited by guarantee
and is also an exempt
Charity| ||||under the Charities Act 2011.| ||||The Diocese provides
its support
through
the work ofthe Diocesan Schools Commission,
which
seeks to support
the| ||||local governing
bodies, head teachers
and staff in maintaining
and developing
the Catholic ethos ofthe schools and in| ||||managing
and developing
their sites and buildings.
Also, the parishes
support these schools through
substantial
involve-| ||||ment in the local governing
bodies and occasionally
with finance.
The public benefit is provided
through
the Church| ||||being a partner ofthe State in the provision ofeducation
within the state-maintained
sector, and through
the direct and| ||||indirect teaching ofCatholic values to all who are involved
with the school communities,
including
pupils, staff, parents| ||||and families. This work contributes
directly to the spiritual
and moral education ofchildren. Not all pupils or stafi'at the| ||||schools are Catholic; approximately
two-thirds
ofpupils are non-Catholic.
The schools are socially diverse
and inclu-| ||||sive and often are placed in areas ofsocial deprivation.| ## ## ## ## ## ## |||||||Curia|||Parochial|||Total|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||2023|2022|Change|2023|2022|Change|2023|2022|Change| ||||||g&000|8'000|8'000|8'000|8'000|8'000|8'000|8'000|g&000| |Income|||||||||||||| |Donations
and legacies|||(Note 2)||||||||||| |Donations|||||136|794|(658)|3,191|3,144|47|3,327|3,938|(611)| |Legacies|||||620|82|538|522|716|(194)|1,142|798|344| |Grants||||||126|(121)|501|853|(352)|506|979|(473)| ||||||761|1,002|(241)|4,214|4,713|(499)|4,975|5,715|(740)| |Charitable
activities||(Note 3)|||||||||||| |Fundraising|||||||(5)|142|77|65|142||60| |Rental income|||||||2|682|562|120|688|566|122| |Other chtmtable|activities||||22|21|(8)|253|115|138|275|136|130| ||||||28|30||935|754|323|963|784|312| |Turnover
oftrading|subsidiary||||165|99|||||165|99|66| |Investment
income|||||554|529|25|363|325|38|917|854|63| |Other||||||36|(36)|30|260|(230)|30|296|(266)| ||||||719|664|59|393|585|(198)|1,112|1,249|(137)| |||Total income|||1&508|1,696|(188)|5,542|6,052|(510)|7&050|7,748|(698)| |Expenditure|||||||||||||| |Fundraising
costs|||||212|148|64|205|186|19|417|334|83| |Cost ofsales oftrading|||subsidiary||156|139|17||||156|139|17| |Share ofnet loss in|Joint Venture||||7,456||7,456||||7,456||7,456| |Provision
for worship|||&.Liturgy||449|386||4,990|4,532|458|5,440|4,918|522| |Ministry support|||||493|469|25|976|908|68|1,470|1,377|93| |Pastoral &commumty|||||950|719|231|121|91|30|1,071|810|261| |Evangelisation
and|Youth||||189|163|26||||189|163|| |Caritas|||||214|209|||||214|209|| |Faith &vocational|discernment||||127|72|55||||127|72|55| |Diocesan Education|||||314|341|(27)||||323|348|(25)| |Total expenditure|||||10,560|2,646|7,914|6,301|5,724|578|16,861|8,370|8,491| |Net income/(expenditure)
gains / trfs.||||before|(9,052)|(950)|(8,102)|(759)|328|(1,087)|(9,811)|(622)|(9,189)| |(Losses) / Gains and||transfers|||(1,877)|3,564|(5,441)|(452)|1,350|(1,802)|(2,329)|4,914|(7,243)| |Net (expenditure)/income|||||(10,929)|2,614|(13,543)|(1,211)|1,678|(2,889)|(12,140)|4,292|(16,432)| ## ## |||Curia|||Parochial|||Total|| |---|---|---|---|---|---|---|---|---|---| ||2023|2022|Chan
e|2023|2022|Chan
e|2023|2022|Chan
e| ||g'000|5'000|5'000|f.'000|f.'000|f.'000|f.'000|8'000|5'000| |Tangible fixed assets|4,908|4,887|21|29,518|29,348|170|34,426|34,235|191| |Joint Venture investment|(2,000)|5,206|(7,206)||||(2,000)|5,206|(7,206)| |Properties
awaiting sale|1,200|2,678|(1,478)||||1,200|2,678|(1,478)| |Investments|28,525|27,450|1,075|20,298|21,733|(1,435)|48,823|49,183|(360)| |Total lixed assets|32,633|40,221|(7,588)|49,816|51,081|(1,265)|82,449|91,302|(8,853)| |Debtors|1,564|1,074|490|704|927|(223)|2,268|2,001|267| |Cash at bank|7,104|10,971|(3,867)|6,510|6,653|(143)|13,614|17,624|(4,010)| ||8,668|12,045|(3,377)|7,214|7,580|(366)|15,882|19,625|(3,743)| |Creditors (inc. long term)|16|(536)|552|(1,288)|(1,192)|(96)|(1,272)|(1,728)|(456)| |Bank overdrafis|(6,500)|(6,500)|||||(6,500)|(6,500)|| ||(6,484)|(7,036)|552|(1488)|(1,192)|(96)|(7,772)|(8,228)|(456)| |Total Funds|34,817|45,230|(10,413)|55,742|57,469|(1,727)|90,559|102,699|(12,140)| ## ## ## ## |llio|n (f50.74 m|illion in 20|22), as demonstrat|ed
below:||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||Curial and
subsidiaries|Parochial|Group
Total|Total Last
Year|Note to
the
Accounts| |||||||f.'000|g'000|f.'000|0'000|| |~|Permanent|endowment|funds|||1,631|719|2,350|2,372|19| |~|Restricted funds|||||7,807|7,644|15,451|15,329|| |~|Unrestricted|funds not|readily available|for spending,|specifically|||||19| |~|Fixed assets held for charity use|||||3,724|29,518|33,242|33,041|19| |||||||13,162|37,881|51,043|50,742|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Plymouth
Diocesan Trust|is|the charity ofthe Roman Catholic|Diocese ofPlymouth,
established
by a Trust Deed dated 15 April1931, as amended
on|Diocese ofPlymouth,
established
by a Trust Deed dated 15 April1931, as amended
on| |---|---|---|---|---| |29 November
1971 and 27||September
2001. The assets of|the diocese are held subject to that deed. The Charity
is registered
wih the Charity|| |Commission
(Registration|number
213227).By a certificate||dated 12 June 1931,the Trustees ofPlymouth
Diocesan Trust are retjstered
as a body|| |corporate known as Plymouth||Roman Catholic Diocesan Trustees Registered.||| |The diocesan boundaries|include
the counties ofCornwall,
Devon and Dorset and recent statistics
showed
the number
ofmass atenders
was 9,600|||| |spread through
61 parishes,||stretching
from the Holy Family|parish,
Penwith,
(that includes
Penzance,|St Ives, Hayle and theIsles ofScilly), in the
affect| |west, to parts of Bournemouth
in the east. The diocese is divided
into 5 deaneries:
Dorset, Exeter (North and East Devon), Tirbay, Plymouth
and||||| |CornwalL||||| |The affairs of the Trust are||managed
in several
areas as illustrated
below,
and the accounts of all the||areas as they
th Diocese are brought| |together in the Group Accounts:||||| |||PLYMOUTH DIOCESAN TRUST CHARITABLE GROUP||| ||Charity||Plymouth RCDiocesan|Non-charitable
Subsidiary
Undertakings| ||||Common Investment
Fund (CIF)|| |Curia||Parishes||| |The Curia is the central||Parishes
are the focal point of|The Common
Investment
Fund
was|Diocesan Trading Limited| |administrative
hub ofthe||each
community.
Each pansh|established
by
Charity|Diocesan
Trading
Limited,
a
company| |Diocese
and
exists
to
support
the
mission
of||is
where
Catholics
come
together
each
Sunday
to|Commissioners'
Order
dated
7
February
1977.
This
Order|registered
in
England
and
Wales
(Regd.
02564900) is a wholly-owned
subsidiary| |the
Church
which
is||worship,
and
where
children|established
a
scheme
whereby|company of Plymouth
Diocesan Trust,
and| |carried
out
in
the
parishes
and
schools of||are educated
in the Faith. It is
also the base
&om which
the|Plymouth
Diocesan
Trust
may
consolidate
investments
and moneys|it is used for trading
and income-generating
activities
so that the risks ofthose activities| |the
Diocese,
and
to
promote
good
practice
and
ofier
training
and||community
reaches
out
to
others of all faiths
and
none,
caring
for
those
in
need,|belonging
to
Charities
into
one
combined
pooL
The
scheme
is
a
Common
Investment
Fund within
the|do not directly impact upon the Diocese.
Ansteys Cove Development
LLP| |resources
to
enhance||working
towards
the common|meaning
of the
Charities
Act 2011,|Ansteys
Cove
Development
LLP
is
a| |Catholic life. The Bishop||good
and
celebrating
with|and it is registered
with
the Charity|limited
liability
partnership
registered
in| |together
with
the||neighbours.
Parish
funds
are|Commission
under
the
same|England
and Wales (Regd. OC420048), set| |Episcopal Vicars and the||used to carry out the work of|registration
213227 as the Diocesan|up to undertake
property
development
as a| |Chief Operating
Officer||the Diocese at a local level and|Trust.
The
Fund
is
designed|joint
venture
between
Diocesan
Trading| |exercise
oversight
over||to help
fund
the
Curia.
Each|specifically
for
the
needs
of
the|Limited
and
Dart
Abbey
Enterprises| |Citria
activities,
keeping||parish
is
required
to have
a|Diocese ofPlymouth
and its parishes.|Limited, who are equal members
with equal| |in view the good of the||Finance
Committee
which|The Trustees
have
divided
the Fund|voting rights.| |Diocese
as
a
whole.
Curial
funds
are used in
providing
diocese-wide
services
and
pastoral||meets at least twice per annum
to support
and advise the parish
priest
in the
areas of finance
ailil property.|into
a
"Minn
Fund"
(comprising
unrestricted
funds
and
restricted
funds,
other
than
permanent
endowment
funds)
and a "Permanent|St Dominica
House
Development
LLP
(Incorporated
on 26August 2022)
St Dominics
House Development
LLP is a| |care.|||Endowment
Fund";
the
purpose
of
this
is to allow
the
two
funds
to|limited
liability
partnership
registered
in
England
and Wales (Regd. OC443655, set| ||||follow
different
investment|up to undertake
property
development
as a| ||||objectives,
although
both
have
now|joint
venture
between
Diocesan
Trading| ||||adopted a Total Return policy.|Limited
and
Dart
Abbey
Enterprises| |||||Limited, who are equal members
with equal| |||||voting rights.| ## ## ## ## ## ||2013|2014|2015|2016|2017|2018|2019|2020|2021|2022|2023| |---|---|---|---|---|---|---|---|---|---|---|---| |Diocesan Priests|||||||||||| |On active work in the Diocese|55|48|51|48|49|47|44|46|45|41|37| |On acnve work outside Diocese|||||||||||| |Other Priests|||||||||||| |From other Dioceses||||||14|10|10|12|14|12| |From the Ordinariate|||||||||||| |From Religious Orders|23|22|20|18||20|22|22|19|18|28| |Permanent
Deacons|||||||||||| |Diocesan|23|24|23|28|30|31|31|28|28|27|21| |From other Dioceses|||||||||||| ||2013|2014|2015|2016|2017|2018|2019|2020|2021|2022|2023| |Religious houses|||||||||||| |Houses ofReligious Men|||||||||||| |Houses ofRehgious Women|23|21|22|20|19|19|19|19|19|18|15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||Curial|and Subsidiaries|and Subsidiaries|| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Sub-| ||||||||Notes|Unrestricted|Restricted|Endowment|Total| |||||||||8'000|8'000|8'000|8'000| |INCOME AND ENDOWMENTS FROM:|||||||||||| |Donations
and legacies||||||||85|671||756| |Grants receivable|||||||||5||5| |Charitable
activities||||||||20|8||28| |Gross trading income|oftrading||subsidiary|||||165|||165| |Investments||||||||406|110|38|554| |Other|||||||||||| |Total Income||||||||676|794|38|1,508| |EXPENDITURE ON:|||||||||||| |Raising funds||||||||167|45||212| |Cost ofsales oftrading
subsidiary||||||||156|||156| |Joint venture
—share|ofnet loss||||||isa|7,456|||7,456| |||||||||7,779|45||7,824| |Charitable
activities|||||||||||| |Provision for worship|&Liturgy|||||||382|||449| |Ministry
support||||||||419|74||493| |Pastoral and community||||||||820|130||950| |New evangelisation,|Catecheses||&youth|||||189|||189| |Caritas||||||||207|||214| |Faith &vocational
discernment|||||||||42||127| |Diocesan Education|&schools|||||||291|23||314| |Total expenditure|||||||5,6|10,172|388||10,560| |Net (expenditure)
/
(losses)|income before other recognised|||||gains and||(9,496)|406|38|(9,052)| |Other recognised
gains and (losses)|||||||||||| |Gains, losses and revaluations||on properties|||||13,15|(1,514)|||(1,514)| |Gatns, losses and revaluations||on other investments|||||15|(402)||(15)|(422)| |Total||||||||(1,916)||(15)|(1,936)| |Net (expenditure)
/|income after gains and losses|||||||(I1,412)|401|23|(10,988)| |Transfers between Curial Otftce|||and|Parishes||||46|13||59| |Permanent
Endowment
Fund Transfers|||||||||39|(39)|| |Other transfers
between
funds||||||||(44)|||| |Net (expenditure)
/|income and||net|movement|in funds|||(11,410)|497|(16)|(10,929)| |Reconciliation offunds|||||||||||| |Total funds brought|forward|||||||36,273|7,310|1,647|45,230| |Total funds carried|forward|||||||24,863|7,807|1&631|34401| |The results derive from continuing||||activities.|||||||| |GRoUP|STATEMENT oF|FINANcIAL AC|TIFITIKs 2023|||| |---|---|---|---|---|---|---| |Notes|Unrestricted
I'000|Parochial
Restricted
I'000|Endowment
I'000|Snb-
Total
I'000|O
2023
Total
I'000|2022
Total
I'000| ||3,544|169||3,713|4,469|4,736| |||501||501|506|979| ||904|31||935|963|784| ||||||165|99| ||294|53|16|363|917|854| ||30|||30|30|296| ||4,772|754|16|5,542|7,050|7,74$| ||173|32||205|417|334| ||||||156|139| |isa|||||7&456|| ||173|32||205|8,029|473| ||4,102|888||4,990|5&439|4,918| ||940|36||976|1,469|1&377| ||82|39||121|1,071|810| ||||||189|163| ||||||214|209| ||||||127|72| ||||||323|348| |5,6|5,306|995||6,301|16,861|8,370| ||(534)|(241)|16|(759)|(9,811)|(622)| |13
15|(40)
(163)
(203)|(185)
(185)|(5)
(5)|(40)
(353)
(393)|O
(1,554)
(775)
(2829)|O
2,446
2,46$ 4,914| ||(737)|(426)||(1,152)|(12,140)|4,292| ||(135)|(2)||(137)|(78)|| |||17|(17)|||| ||42|36||78|78|| ||(830)|(375)||(1411)|(12,140)|4,292| ||48,725|8,019|725|57,469|102,699|98,407| ||47,895|7,644|719|56&258|90,559|102&699| ## |||||||||2023||| |---|---|---|---|---|---|---|---|---|---|---| ||||||Notes|Curial|Parochial|Charity|Charitable|Group| ||||||||||&trading|| ||||||||||subsidiaries|| |||||||6'000|6'000|6'000|5'000|6'000| |FIXEDASSETS||||||||||| |Tangible fixed assets|||||12a &.b|4,375|29,518|33,893|533|34,426| |Properties
awaiting|sale||||13|1200~|—|1200~||1200| |Investments|||||15||20,298|48,5361|~
2871|4'"'| |Investment
in Joint
(liabilities)
/ assets|Venture||—Share|ofnet|15|||||(2,000)| |CURRENT ASSETS||||||||||| |Properties
awaiting|sale||||13|||||| |Debtors||||||i,Sio|7041|22141|541|| |||||||I||||| |Cash at bank and in|hand|||||6,985|6,510|13,495|119|13,614| |CREDITORS: amounts||falling due within one|||year|||||| |Short term loans|||||17|660|(660)|||| |Other creditors|||||18a|(562)|(628)|(1,190)|(82)|(1,272)| |||||||~|~|~|~|| |Bank overdrails||||||(6,500)||(6,500)||(6,500)| |Net current assets||||||||||| |CREDITORS: amounts||falling due over one year 18b||||||||| |Total net assets||||||35,906|55,742|91,64$|911|90,559| |FUNDS|||||19|||||| |Endowment||||||1,343|719|2,062|288|2,350| |Restricted||||||7,256|7,644|14,900|551|15,451| |Unrestricted|Designated|||and General||27,307|47,379|74,686|72|72,758| |Total funds||||||35,906|55,742|91,64$|911|90,559| ## |CE SHEET||| |---|---|---| ||2022|| |Charity|Charitable &|Group| ||trading|| ||subsidiaries|| |f.'000|S&000|8'000| |33,696|539|34,235| |2,678||2,678| |48,665|sig|49,183| ||(|| |||5,206| |7,746|68(|2,001| |17,449|175|17,624| |(1,436)|(42)|(1,478)| ||~|| |(6,500)||(6,500)| |(250)||(250)| |102&048||102,699| |2,081|291|2,372| |14,453|876|15,329| |85,514|91|84,998| |102&048||102,699| |||||||2023||2022| |---|---|---|---|---|---|---|---|---| ||||||g'000|8'000|COO&|g'000| |Cash flows from operating
activities||||||||| |Net cash provided
by/(used
in) operating|activities||(note I below)|||(10,237)||(1,100)| |Cash flows from Investing
activities||||||||| |Investment
income|||||917||854|| |Purchase oftangible fixed assets|||||(1,405)||(2,804)|| |Joint ventur~hare
ofloss|||||7,456|||| |Purchase ofunits in Common
Investment
Fund|||||(1,005)||(174)|| |Proceeds &om disposal ofunits in Common|Investment|||Fund|271||4,121|| |Proceeds &om disposal ofproperties
awaiting||sale|||||1,849|| |Proceeds &om disposal ofinvestment
properties|||||22|||| |Purchase ofjoint venture|||||(250)||(1,000)|| |Proceeds from disposal ofother investments|||||221||107|| |Purchase ofother investments|||||||(86)|| |Net cash provided by/(used
in) investing
activities||||||6,227||2,867| |Cash flows from financing
activities||||||||| |Receipt ofendowments||||||||| |Change
in cash equivalents
in the year (note|2|below)||||(4,010)||1,773| |Cash and cash equivalents
at I April 2022||||||11,124||9,351| |Cash and cash eqmvalents
at 31March 2023||||||7,114||11,124| |NOTES TO THE CASHFLOW STATE/tfENT||||||||| |I
Reconciliation
ofnet (expenditure)|/|income to net cash flow from||||||| |operating
activities||||||||| |Net (Expenditure)
/ Income for the reporting|||period|||(12,140)||4,292| |Depreciation||||||1,176||1,145| |(Gains)/losses
on investments||||||775||(2,468)| |Investment
income||||||(917)||(854)| |Donations to endowment
funds||||||||(6)| |Loss / (Gain) on investment
property||||||1,554||(2,446)| |(Profit)/loss
on sale offixed assets||||||||124| |Increase in debtors||||||(267)||(578)| |Decrease in creihtors||||||(456)||(309)| |Net cash (used in) / provided
by operating||activities||||(10,237)||(1,100)| |2
Analysis ofcash and cash equivalents||||||At 1April|Cash Flows|At 31 March| |||||||2022||2023| |||||||COOO|COOO|I'000| |Cash at bank and in hand||||||17,624|(4,010)|13,614| |Bank overdra&s||||||(6,500)||(6,500)| |||||||11,124|(4,010)|7,114| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |at an estimate
of their historical
co
isitions
with a cost (or in the case of
t rates calculated to write oif the cost
:|sts (or in the case
donated
assets, est
or valuation,
less| |---|---| |Church furniture|20to 50years| |Church plate and vestments|20to 50years| |Presbytery
contents|5 to 10years| |Office equipment|3 to idyears| |Hymn books and missals|10to 20years| |Sound systems and special lighting|10years| |Kitchen equipment|10years| |Hall e ui ment|5 ears| ## ## |Structure|100to 150years| |---|---| |Roof|60years| |Windows|35years| |Electrical systems|25years| |Boiler|l5years| |Heating system|25years| |Internal decoration|10to 15years| |Kitchen and bathroom|l0to 25years| ## ## ## ## ## ## ## ## ## ## ||Donations
(including
in kind)|Donations
(including
in kind)|Grants
(in the nature of
donations)|Legacies|2023
Total|2022
Total| |---|---|---|---|---|---|---| |||g'000|g'000|g'000|g'000|g'000| |Curial||136||620|761|1,002| |Parochial||3,191|501|522|4,214|4,713| |||3327|506|1,142|4,975|5,715| ## ||Fundraising|Rental income
from functional
properties|Other
Charitable
activities|2023
Total|2022
Total| |---|---|---|---|---|---| ||g'000|6'000|g'000|g'000|g'000| |Curial|||22|28|30| |Parochial||682|253|935|754| |||688|275|963|784| ## ||||Common|||| |---|---|---|---|---|---|---| ||||Investment
Fund|Other|2023
Total|2022
Total| ||||I'Ooo||I'000|| |Income received|from:|||||| |Listed investments|and cash held as part ofinvestment|portfolio|790||790|851| |UK cash held at bank||||127|127|| ||||790|127|917|| ## ## ## ## ## ||||Activities
undertaken|Grant
funding of|Support
Costs|2023 Total|2022
Total| |---|---|---|---|---|---|---|---| |a) Analysis
by Activity|||directly|activities|||| ||||0'000|g'000|g'000|4'000|0'000| |Curia and Subsidiaries|||||||| |Proviston
for Worship and Liturgy|||294|33|122|449|386| |Mimstry
Support|||274|94|125|493|469| |Pastoral and Community|||565|20|365|950|719| |New Evangelisation,|Catechesis|&.Youth|133||56|189|163| |Caritas|||147||61|214|209| |Faith ds Vocational|Discernment||85||36|127|72| |Diocesan Education|and Schools||246||61|314|341| |Raising Funds|||||368|368|287| ||||1,744|166|1,194|3,104|2,646| |Parish|||||||| |Provision
for Worship and Liturgy|||2,855||2,135|4,990|4,532| |Ministry
Support|||774||202|976|908| |Pastoral and Community||||121||121|91| |Education||||||9|| |Raising Funds|||205|||205|186| ||||3,834|130|2337|6,301|5,724| ## |a) Analysis by Activity|a) Analysis by Activity|a) Analysis by Activity|in 2022 (Previous Year)|in 2022 (Previous Year)|in 2022 (Previous Year)|in 2022 (Previous Year)||||Activities|Activities||Grant||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||undertaken||funding of||Support|2022| |||||||||||directl||activities||Costs|Total| ||||||||||||S'000||S'OOO|S'OOO|f.'000| |Curia and Subsidiaries|||||||||||||||| |Provision for Worship|||||||||||229||34|123|386| |Ministry
Support|||||||||||218|||183|469| |Pastoral and Community|||||||||||478||85|156|719| |New Evangelisation,||Catechesis||&|Youth||||||105||2|56|163| |Caritas|||||||||||120||25|64|209| |Faith and Vocational||Discernment|||||||||39||12|21|72| |Education|||||||||||169||7|165|341| |Raising Funds||||||||||||||287|287| ||||||||||||1,358||233|1,055|2,646| |Parishes|||||||||||||||| |Provision for Worship|||||||||||2,162|||2,370|4,532| |Ministry
Support|||||||||||727|||181|908| |Pastoral and Community|||||||||||||91||91| |Education|||||||||||||||| |Raising Funds|||||||||||186||||186| ||||||||||||3,075||98|2,551|5,724| |b) Analysis ofSupport
Costs|||(Memo)
(Parish
levy)||il
B'
eo
uj0
0|il
0 0
ro S.
0
0
g
K|r2
B0
B.|lo er
sr o
li0
ie0
00
Io
0
0
0|r27
0s!
'4 0
B||'B
H S
B es
k e!
0
00||ln g
K$|2023
Total|2022
Total| ||||I'000||6'000|6'000|f.'000|6'000||6'000|6'000||f,'000|f.'000|| |Curia|||||||||||||||| |Raising Funds|||||368|||||||||368|287| |StBoniface House|||351|||67|202|34|31|34||20|69|457|684| |Bishops Council|||230|||45|132|22|20|22||13|45|299|34| |Other||||54||10|31|5|5|5||3|11|70|50| ||||635||368|122|365|61||||36|125|1,194|1,055| |Parish|||||||||||||||| |Raising Funds|||||||||||||||| |Administration|Wages||||||||||||202|202|181| |Office and
Administration||||||1,431||||||||1,431|1,800| |Parish levy (see|above)|||||628||||||||628|492| |Other||||||76||||||||76|78| |||||||2,135|||||||202|2,337|2,551| ||||||||Common
Investment
Fund|Subsidiaries|Main
Charity|2023
Total|2022 Total| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||5'000|f.'000|f.'000|5'000|| |c) The following
payments|have been made to the external||||auditors:||||||| |Audit fees|||||||12||53|70|78| |Financial
advice /other|||||||||||| ||||||||12||55|72|80| |d) Analysis ofGrant Payments|||||||||||| ||||||||Curia|||2023
Total|2022
Total| ||||||||0'000|0'000||0'000|0'000| |Ministry
Support:|||||||||||| |Grants to Religious Orders|that provide religious
or ministry||||acttvities||||||15| |Grants to provide support|for priests when they||cease active ministry|||(matnly to the|30|||30|30| |Plymouth
Secular Clergy Fund)|||||||||||| |Grants to support priests in ill-health,
those m active ministry
parish, the Bishop, the Bishop Emeritus
and Seminarians|||||who do|not have a|86|||86|84| |Pastoral and Community:|||||||||||| |Grants to improve
living conditions ofchildren,|||young people and families||||||||55| |Grants to support pupils travelling
to||attend Catholic schools|||in the Diocese||||||| |Grants to Religious Orders|that provide pastoral||support|for disadvantaged|||23|||23|38| |individuals
and groups|||||||||||| |Grants to non-religious
organisations
disadvantaged
individuals
and groups||that provide pastoral support for
(e.g, refugees, marriage
and family care)||||||121||125|97| |Education:|||||||||||| |Grants to the Roman Catholic schools in the Diocese|||||||||||| ||||||||166|130||296|331| ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||||C000|f.'000| |Governance
costs (included|within support costs) comprise|||the following:|||| |Main Charity audit fees (see|note|6c) —current year|||||60| |||- (over) Iunder-provision||previous|years||12| |Subsidiary
Charities'
independent||examination
fees and|accounts preparation||||| |General advice, including
legal and financial|||||||| |Trustees'
meeting expenses|ofthe|main and subsidiary|Charities, insofar as they relate to the general man-||||| |agement ofthe Charities,
including||the costs oftravel|||||| |||||||74|83| ## ## ## |STAFF COSTSAND REMUNERAT|I|ON|OFKE|YMANAGEM|ENT|PER|SONN|EL|||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2023|2022| |Gross Wages and Salaries||||||||||1,621|1,491| |Employer's
National Insurance
Contributions||||||||||117|91| |Pension Contributions
(money purchase|||schemes|—see note 11)||||||143|120| |Termination
Payments
(4employees)|||||||||||| |||||||||||1,882|1,705| |The average number ofemployees
(both
subsidiaries
during the year was:|||full-time|and part-time)|employed||by the Charity and its|||Number|Number| |Parishes (mainly part-time
employees)||||||||||88|88| |Pastoral (full-time
equivalent:
11)||||||||||27|29| |Central Management
(full-time
equivalent:|||16)|||||||28|29| |||||||||||143|146| |The following
table shows the number
but including
benefits in kind, were at|
a|ofemployees
rate equal to||whose emoluments,
excluding
pension
or greater than f60,000per annum:|||||contributions|Number|Number| |660,001to 670,000|||||||||||| |f70,001to f80,000|||||||||||| |680,001to 690,000|||||||||||| |f90,000to f100,000|||||||||||| |||||||||||C000|U000| |The amount ofpenston
contributions
amounted
to;|(money purchase
scheme) paid in|||||the year for||the above employees||17|| |The number ofstaff to whom retirement||benefits are||accruing is:|||||||| |Money Purchase Schemes||||||||||62|56| |Voluntary
workers|||||||||||| ## ## ## ||||Functional
land|Functional
buildings|Motor
vehicles|Fixtures,
fittings
and
equipment|Fixtures,
fittings
and
equipment|Total| |---|---|---|---|---|---|---|---|---| ||||5'000|8'000|f.'000|C000||5'000| |Historical cost/fair value at acquisition||(ifdonated)||||||| |At IApril 2022|||319|41,262|75||2,171|43,827| |Additions||||1,220|||185|1,405| |Disposals||||(58)||||(58)| |At 31March|2023||319|42,424|75||2,356|45,174| |Accumulated|Depreciation|||||||| |At IApril 2022||||8,680|75||1,376|10,131| |Charged tlus|year|||1,015|||159|1,174| |Disposals||||(24)||||(24)| |At 31March|2023|||9,671|75||1,535|11,281| |Net BookValue||||||||| |At 31March|2023||319|32,753|||821|33,893| |At 31March|2022||319|32,582|||795|33,696| ||||Functional
land|Functional
buildings|Motor
vehicles|Fixtures,
fittings
and
e ui ment|Fixtures,
fittings
and
e ui ment|Total| |---|---|---|---|---|---|---|---|---| ||||8'000|COOO|COOO|OOOO||| |Historical cost/fair value at acquisition||(ifdonated)||||||| |At IApril 2022|||319|41,894|75||2,192|44,480| |Additions||||1,220|||185|1,405| |Disposals||||(59)|||(10)|(69)| |At 31March|2023||319|43,055|75||2,367|45,816| |Accumulated|Depreciation|||||||| |At IApril 2022||||8,780|75||1,390|10,245| |Charged this|year|||1,015|||161|1,176| |Disposals||||(24)|||(7)|(31)| |At 31March|2023|||9,771|75||1,544|11,390| |Net BookValue||||||||| |At 31March|2023||319|33,284|||823|34,426| |At 31March|2022||319|33,114|||802|34,235| ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||f.'000|f'000| |Diocesan|and|pansh|property,|churches,|presbyteries|and|halls|393,555|312,009| |||||||||393,555|312,009| ## ## ## ## |15B FIXEDASSETINVESTMENTS||||||| |---|---|---|---|---|---|---| ||Charity|Charitable
&trading
subsidiaries|Group|Investment
properties|Other
investments|Common
Investment
Fund| ||8'000|8'000|8'000|||8'000| |At I April 2022|48,665|518|49,183|2,842|225|46,116| |Additions|1,005||1,005|||1,005| |Disposal at opening book value|(293)|(221)|(514)|(22)|(221)|(271)| |Net gain / (loss) on revaluation|(841)|(10)|(851)|(76)||(775)| |At 31March 2023|48,536|287|48,823|2,744||46,075| |Represented
by:||||||| |UK investment
properties|2,744||2,744|2,744||| |Direct investment
in listed UK securities|3,218||3,218|||3,218| |Direct investment
in listed international
securities|2,839||2,839|||2,839| |Multi-asset
funds —non region specific|26,800|288|27,088|||27,088| |Credit and ilfiquid strategies|1,607||1,607|||1,607| |Global funds|7,375||7,375|||7,375| |Gold and precious metals|1,365||1,365|||1,365| |Forward foreign exchange|48||48|||48| |Options|1,378||1,378|||1,378| |UK cash funds and cash held as part of
investment
portfolio|1,037||1,037|||1,037| |Investments
in UK subsidiary
and associated||||||| |Other investments|124||124|||120| |At 31March 2023|48,536|287|48,823|2,744||46,075| |Analysed
between:||||||| |Endowment
funds|2,062|288|2,350|||2,350| |Restricted funds|6,641||6,641|||6,641| |Unrestricted
and Designated
funds|39,833||39,832|2,744||37,084| ||48,536|287|48,823|2,744||46,075| |Historical cost at 31March 2023|36,891|366|37,257|1,025||36,228| ## ## ## ||||Trust for|Unapplied|Income|Total| |---|---|---|---|---|---|---| |Summary ofMovements|||Investment|Total Return|Fund|Endowment| ||||6'000|S'000|6'000|f.'000| |At IApril 2022||||||| |Gilt component of|permanent|endowment|696|||696| |Unapplied
total return||||1,676||1,676| |Total|||696|1,676||2,372| |Movement
in unapplied
total return and||||||| |endowment
in the|year:|||||| |Gift ofendowment|funds|||||| |Investment
return:|dividends|and interest||54||54| |Investment
return;
gains/0osses)|recognised|and unrecognised||(20)||(20)| |Management
costs||||||| |Total|||696|1,710||2,406| |Unapplied
total return allocated to income||||(56)|56|| |Income fund transferred
to restricted funds|||||(56)|(56)| |Net movement
in|the year||696|1,654||2,350| |Closing value ofpermanent||endowment||||| |Gifi component of|permanent|endowment|696|||696| |Unapplied
total return||||1,654||1,654| |Total at31March|2023||696|1,654||2,350| ## ||||||||||||MOVEMENTS|MOVEMENTS|IN YEAR|IN YEAR||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Carried||||||||||Cerned| |||||||||forward||Investment|return|||||||fonvard| |FUND||||||||IApnl|||Realised/|Linappiied||total||Interim||31March| |||||||||2022|Gift of||unraalisad||return||Final|distribution|Net|2023| ||||||||||Endowment|Dividends|gains(and|transferred||to|distnbution|from mcome|movements|| ||||||||||Funds|and interest|iowes)||income||from mcome|(paid)|m year|| |Parishes|||||||||||1|||||5||| |Vmcent Hop|||kms Hogg dec'd Trust|||Trust for investment||7||||||||||7| |Separately|registered|||—No. 117259||Unapplied|total return|79||||||(2)||||78| ||||||||Income fund|||||||2||||| |Miss 7A V Meeson Davies Trust Re.||||||Trust for investment||15||||||||||15| |Chulmleigh||(E079)||||Unapplied|total return
Income fund|176||||(2l||(4)
4|(2)|(2)|(2)|174| |Endowment|||(transferred||from charity|Trust for investment||18||||||||||18| |number 267898
Mrs||||8J|RoskiRyl|Unapplied|total return|132||||||(4)|||[1)|130| ||||||||Income fund|||||||4|(2)|(2)||| |H V Lean Trust(E075)||||||Trust for investment||11||||||||||11| |||||||Unapplied|total return|129||||||(3)||||128| ||||||||Income fund|||||||3|(2)|(2)||| |Miss E M Freame Trust (E066)||||||Trust for investment||6||||||||||| |||||||Unapplied|total return|44||||(0)|||||(Dl|| ||||||||Income fund|||||||||||| |Mamhus|No.4Fund|||(Grove Cottage||Trust for investment||6||||||||||6| |E053)||||||Unapplied|total return|51||||(Dl|||||(1)|51| ||||||||Income fund|||||||||||| |Potts-Chatto|||Bequest|(E049)||Trust for investment||||||||||||| |||||||Unapplied|total return|45||||(Dl|||||(0)|| ||||||||Income fund|||||||||||| |Curio||||||||||||||||||| |Holden - Fnests hohday home fund||||||Trust for investment||92||||||||||92| |||||||Unapplied|total return|177||||||(6)||||175| ||||||||Income fund|||||||6|(3)|(3)||| |StScholastics's Trust||||-Separately||Trustfor|investment|228||||||||||228| |registered|-|No. 1050950||||Unapplied|total return|364||13||(5)||(14)|||(6)|359| ||||||||Income fund|||||||14|(7)|(7)||| |Diocesan|Mass Fund|||Units (E038)||Trust for investment||111||||||||||111| |||||||Unapplied|total return|282||||(3l||('9)|||(4)|279| ||||||||Income fund|||||||9|(5)|(4)||| |Harold Lister|||Sunderland||Trust|Trust for investment||10||||||||||10| |io18162)||||||Unapplied|total return|51||||||||||50| ||||||||Income fund|||||||||||| |John Woolcott Trust for Young people||||||Trust for investment||15||||||||||15| |(split between
Exeter||||parishes)||Unapplied|total return|24||||lDl|||||l0)|24| ||||||||Income fund||||||||(0)|(0)||| |CAB W Hales|||Fund Separately|||Trust for investment||167||||||||||167| |registered||No. 1074291||||Unapplied|total return|124||||(2l||(7)|||(3)|121| ||||||||Income fund|||||||7|(4)|(3)||| |TOTAL PER||STATEMENT|||OF|Trustfor|investment|693||||||||||693| |MOVEMENT|||IN FUNDS|||Unapplied|total return|1,678||54|(20)|||(56)|||(22)|1,657| ||||||||Income fund|||||||56|0'9)|[27)||| ## |||||2023||||2022|| |---|---|---|---|---|---|---|---|---|---| ||||||Charitable &||||| |||Curial|Parochial|Charity|trading|sub-|Group|Charity|Group| ||||||sidiaries||||| |||8'000|8'000|8'000||8'000|8'000|C000|0'000| |Legacy debtors||620|707|1,327|||1,327|667|667| |Owed between|Curia and Parishes||(664)||||||| |Taxation recoverable|||489|489|||489|509|509| |Net amount
due (to)/fiom joint venture||||||||5,813|| |Net amount due (to)/fi om associated
company (note 22)||17||17|||17||| |Other debtors/|prepayments|209|172|381||54|435|755|823| |||1,510||2,214||54|2,268|7,746|2,001| |Due within one year||1,510|704|2,214||54|2,268|7,746|2,001| |Due after more|than one year||||||||| |||1,510|704|2,214||54|2&268|7,746|2,001| ## ## ||||||2023|||2022|| |---|---|---|---|---|---|---|---|---|---| |||||||Charitable &|||| ||||Curial|Parochial|Charity|trading subsid-|Group|Charity|Group| |||||||iaries|||| ||||8'000|C000|0'000|8'000|8'000|8'000|8'000| |Due to Common|Investment|Fund|268||268||268|79|79| |Purchase ledger|balances||105||106||106|97|97| |Other loans||||18|18||18|94|94| |Owed to third parties (note||5)||95|||95||62| |Accruals|||138|239|377||377|397|397| |Sundry creditors|||51|275|326|82|408|707|749| ||||562|628|1,190|82|1472|1,436|1,478| ## ## ||||||||Statement ofFinaacisl Activities|Statement ofFinaacisl Activities|Statement ofFinaacisl Activities||| |---|---|---|---|---|---|---|---|---|---|---|---| |Analysis ofcharitable|||funds|||Balance I
April 20Z2|Incoming
resources|Resources
expended|Investment
gains snd
oosses)|Traasfers
sud other
Movements|Balance
31March
2023| |||||||f.'000|f.'000|5'000|5'000|5'000|5&000| |Permanent
Endowments|||||||||||| |St Scholastics's
Trust||(a)||||593|13||(5)|(14)|587| |Other||||||1,054|25||(10)|(25)|1,044| |Curia and subsidiaries||||||1,647|38||(15)|(39)|1,631| |Parishes||||||725|16||(5)|(17)|719| ||||||Total|2&372|54||(20)|(56)|2,350| |Restricted Reserves|||||||||||| |Lanherne (j)||||||592|22||(25)|51|529| |Clergy Abroad (e)||||||279||(38)|(14)|(2)|236| |Elderly support (g)||||||533|23||(29)||527| |Formation (h)||||||524|20||(35)||509| |Kathlecn Maude Clark Trust (1)||||||539||(10)|||529| |Active Relitpous (b)||||||338|57||(17)||378| |Children's
Welfare (d)||||||431|17||(24)||424| |Bishop ofPlymouth|(n)|||||67|653|(52)|(2)||666| |Seminarians
(o)||||||468|60|(36)|(10)||482| |Other||||||3,539|(69)|(141)|151|47|3,527| |Curia and subsidiaries||||||7,310|794|(388)|(5)|96|7,807| |Parishes||||||8,019|754|(995)|(185)|51|7,644| ||||||Total|15,329|1,548|(1483)|(190)|147|15,451| |Designated
and Unrestricted||||Reserves|||||||| |Caritas (1)||||||2,038|90|(133)|(116)|39|1,918| |Lanherne (j)||||||1,901||(220)||23|1,704| |Ecclesiastical Education|||(1)|||1,048|35|(12)|(64)||1,007| |Youth (k)||||||1,246|81|(62)|(69)|10|1,206| |Evangelisation
(p)||||||1,765|76|(5'7)|(99)||1,685| |Schools Commission||(m)||||2,474|195|(130)|(140)|30|2,429| |Other Central Funds||||||25,801|199|(9,558)|(1,428)|(100)|14,914| |Curia and subsidiaries||||||36,273|676|(10,172)|(1,916)||24,863| |Parishes||||||48,725|4,772|(5,306)|(203)|(93)|47,895| ||||||Total|84,998|5,448|(15,478)|(2,119)|(91)|72,758| |Total Charitable
Group funds||||||10Z&699|7&050|(16&861)|(2/29)||90,559| ## |19 FUNDS -PRIO|R|YEAR|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Statemeat ofFinancial Activiti|||es|| |Analysis ofcharitable||funds||||Balance 1
April 2021|incoming
resources|Resources
expended|Investment
gains and
oosses)|Transfers
and other
Movements|Balaace
31March
2022| |Permanent
Endowments|||||||||||| |St Scholastics's
Trust|(a)|||||578|14||28|(27)|593| |Other||||||994|25|||(21)|1,054| |Curia and subsidiaries||||||1,572|39|||(48)|1,647| |Parishes||||||682|15||37|(9)|725| ||||||Total|2,254|54||121|(57)|2&372| |Restricted Reserves|||||||||||| |Lanheme (j)|||||||610|(22)|||592| |Catholic Children's
Society Plymouth||||(c)||272|94|(117)|18|(2)|265| |Clergy Abroad (e)||||||381|10|(46)||(71)|279| |Elderly support (8)||||||553||||(20)|533| |Formation (h)||||||589|||10|(75)|524| |Kathleen Maude Clark||Trust (l)||||372||(10)||177|539| |Active Religious (b)||||||912|26|||(606)|338| |Children's
Welfare (d)||||||480||||(65)|431| |||||||3,432|172|(100)|125|180|3,809| |Curia and subsidiaries||||||6,992|920|(295)|176|(483)|7,310| |Parishes||||||6,944|1,095|(262)|223|19|8,019| ||||||Total|13,936|2,015|(557)|399|(464)|15,329| |Designated
and Unrestricted|||Reserves||||||||| |Lanheme (j)||||||1,719||||182|1,901| |Ecclesiastical Education||(1)||||1,464|||19|(435)|1,048| |Youth (k)||||||1,209||(5)|23||1,246| |Caritas (1)||||||2,000|||38||2,038| |Schools Commission|(m)|||||2,509||(4)|46|(77)|2,474| |Other Central Funds||||||25,127|640|(2,227)|3,516|523|28,806| |Trading subsidiary||||||24|97|(115)|||6| |Curia and subsidiaries||||||34,052|737|(2,351)|3,642|193|36,273| |Parishes||||||48,165|4,942|(5,462)|752|328|48,725| ||||||Total|82,217|5,679|(7,813)|4,394|521|84,998| |Total Charitable
Group funds||||||98,407|7,748|(8470)|4,914||102&699| ## ## ## |1|9 FUNDS continued||| |---|---|---|---| |The|movement offunds shown on page 49 is classified in accordance with note I (e)to the Accounts.||| |The|funds carried forward at 31March 2023 represent:||| |(a)|SrScholastics's
Trust is a subsidiary
Charity ofthe main Charity (and united for registration
and accounting
purposes).|It pro-|| ||vides moneys for the support ofcontemplative
religious
tommunities
within the Diocese.||| |(b)|The Active Religious Fund provides
moneys
for the support ofactive religious
communities
and individuals
within
the Dio-||| ||cese.||| |(c)|Catholic Children's
Society (Plymouth)r
a subsidiary
Charity ofthe main Charity,
whose principal
activity is the relief ofchil-
dren in need ofcare and protection
and in particular
Roman Catholic children.
The Society promotes
good parenting,
provides||| ||general
support
in the parishes
and schools ofthe diocese and makes grants to individuals
in neeit||| |(d)|Children's
Welfare: the income &om Bishop Restieaux's
Jubilee Fund is used to promote
children*s welfare in the parishes.||In| ||recent years, the income fiom the Plymouth
Diocesan Children's
Welfare
Trust has been used to fund children's
safeguarding||| ||work in the Diocese: see(j)below.||| |(e)|Clergy Abroad: moneys to support clergy performing
their ministry
overseas.||| |(I)|The Ecrlesiasdcal
Education
Fund caters for the education
and training
of students
wishing
to enter the Roman
Catholic
priesthood
within the Diocese and on-going training ofordained
clergy.||| |(g)|The Elderly Support Fund is for the benefit ofthe elderly in the Diocese. In recent years the income has been used to assist||in| ||funding
clergy pension
contributions.||| |(h)|The Vicariate for Formation
provides resources,
courses and education
material
for religious
education ofadults and children||| ||throughout
the Diocese. This Vicariate has been re-organised
to become the Vicariate for Evangelisation.||| |(i)|The Earhleen Mande Clarh Trust was established
to provide a rest home for priests ofthe Roman Catholic Church or|nuns|or| ||nursing
Sisters.||| |(j)|Lanherne
Fund provides
money for the support ofan enclosed community
ofCarmelite
sisters withm
a convent, which
ofthe Diocese. It also provides the resources for the maintenance
and upkeep ofthe convent.|is part|| |0c)|Youth provides
money for the enhancement
and development
ofyouth ministry
within the Diocese.||| |(I)|Caritas help provide
the resources to provide a network to support parishes,
schools and community
groups to implement|social|| ||action across the Diocese. We proactively
support parishes to develop new forms ofoutreach.||| |(m)|The Schools' Commission
deals with the costs ofproviding
clerical, professional
and financial
assistance
to assist schools||in| ||the Diocese to undertake
building
contracts.||| |(n)|Bishop ofPlymouth
provides
support for the bishop in his ministry,
including
his upkeep and accommodation,
and to fund new||| ||pastoral initiatives
for the benefit ofthe diocese.||| |(o)|Seuiinarians
has been set up to support the training
and the formation ofdiocesan seminarians
in their journey towards
a||| ||priestly vocation.||| |(p)|Evangelisaiian
has been set up to resource the programme
ofmissionary
outreach to individuals
in a way that enables|them|to| ||share in the goodness, the truthfulness,
the joy and the beauty that comes with an encounter
with Jesus Christ.||| ## ## |In addition,
the Charity's
wh
Cove Development
LLP, to|In addition,
the Charity's
wh
Cove Development
LLP, to|olly owned subsidiary,
Diocesan Trading Limited, has entered into a loan agr
provide a facility ofup to f4m. Since the year end this has been extended to|eement
with itsjoint venture,
Ansteys
f75m.| |---|---|---|---| |Parish commitments
were as||follows:|| |Reconciliation|ofmovement|in the year|E'000| |Commitment
at|31March 2022||987| |Less: falling due within the year ended 31March 2023|||(987)| |Add: estimated|commitments|falling due in the year ended 31March 2023|362| |Commitments|at31March|2023 (falling due within one year)|362| ## ## ## ||||||||Curial and Subsidiaries|Curial and Subsidiaries|| |---|---|---|---|---|---|---|---|---|---| ||||||||||Sub-| ||||||Notes|Unrestricted|Restricted|Endowment|Total| |||||||COOO|l.'000|COOO|S'000| |INCOME AND ENDOWMENTS FROM:|||||||||| |Donations
and legacies||||||157|713||876| |Grants receivable|||||||126||126| |Charitable
activities|||||||21||30| |Gross trading income oftrading||subsidiary||||99|||99| |Investments||||||436|60|33|529| |Other||||||36|||36| |Total Income||||||737|920|39|1,696| |EXPENDITURE ON:|||||||||| |Raising funds||||||118|30||148| |Cost ofsales oftrading subsidiary||||||139|||139| |||||||257|30||287| |Charitable
activities|||||||||| |Provision for Worship
and Liturgy||||||386|||386| |Ministry Support||||||437|32||469| |Pastoral and Community||||||603|116||719| |New Evangelisation,
Catechesis||and Youth||||163|||163| |Caritas||||||209|||209| |Faith and Vocational
Discernment||||||72|||72| |Diocesan Education
and Schools||||||224|117||341| |Total expenditure|||||5, 6|2,351|295||2,646| |Net income / (expenditure)
(losses)|before other recognised|||gains and||(1,614)|625|39|(950)| |Other recognised
gains and|(losses)||||||||| |Gains, losses and revaluations|on properties||||13, 15|2,357|||2,357| |Gains, losses and revaluations|on other investments|||||1,285|176|84|1,545| |Total||||||3,642|176|84|3,902| |Net income
/ (expenditure)|after gains and losses|||||2,028|801|123|2,952| |Transfers between Curial Office||and Parishes||||193|(521)|(10)|(338)| |Permanent
Endowment
Fund|Transfers||||||38|(38)|| |Other Transfers between Funds|||||||||| |Net income
/ (expenditure)|and|net movement|in funds|||2,221|318|75|2,614| |Reconciliation
offunds|||||||||| |Total funds brought forward||||||34,052|6,992|1,572|42,616| |Total funds carried forward||||||36,273|7410|1,647|45,230| ## |Notes|Unrestricted
coco|Parochial
Restricted
I'000|Endowment
6'000|Snb-
Total
0'000|2022
Total
8'000|O
2021
Total
8'000| |---|---|---|---|---|---|---| ||2,855|1,005||3,860|4,736|3,789| ||853|||853|979|940| ||741|13||754|784|581| ||||||99|113| ||233|77|15|325|854|622| ||260|||260|296|(201)| ||4,942|1,095|15|6,052|7,748|5,844| ||146|40||186|334|| ||||||139|| ||146|40||186|473|| ||4,361|171||4,532|4,918|4,268| ||870|38||908|1,377|1,335| ||78|13||91|810|530| ||||||163|127| ||||||209|153| ||||||72|125| ||||||348|227| |5, 6|5,462|262||5,724|8,370|7,144| ||(520)|833|15|328|(622)|(1400)| ||89|||89|2,446|621| ||663|223|37|923|2,468|10,561| ||752|223|37|1,012|4,914|11,182| ||232|1.056|52|1,340|4,292|9,882| ||328||10|338||| |||19|(19)|||| ||560
48,165
48,725|1,075
6,944
8,019|43
682
725|1,678
55,791
57,469|4,292
9,882
e
98,407
102,699e
88,525
98,407|| ## |The group accounts|include the following|include the following|results ofits subsidiaries:|2023|2022| |---|---|---|---|---|---| |||||0'000|0'000| |Total income||||169|300| |Total expenditure||||(89)|(155)| |Net Gains|||||62| |Net income/deficit||||(82)|207| |Net assets by subsidiary:|||||| |Kathteen Mande Clark Trust||||529|500| |Clarence Ada &Winnified||Halse Trust||373|502| |Catholic Children's|Society||||265| |Diocesan Trading|Limited||||(9)| |||||911|1,258|