2020-12-31-accounts - The Handmaids Of The Blessed Sacrament And Of Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Trustees' annual report
Independent examiner's report	to the trustees
Statement offinancial activities
Statement offinancial position
Notes to the financial statements
The following pages do not form part of		the financial statements
Detailed statement offinancial	activities
Notes to the detailed statement	offinancial	activities	17

value, ove	r the useful econo	mic life ofthat asset as follows:	mic life ofthat asset as follows:
Freehold	Properly	1%straight line
Fixtures and Fittings		7%reducing	balance
Equipment		10%reducing	balance

impairment. Donations	Ifan arrangement consti and legacies	tutes afinance tra	nsaction it is	measured at pr	esent value.
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds F	2020 f	Funds f	2019
Donations
Hostel contributions		126,443	126,443	166,594	166,594
Donations	in respect ofpensions	29,619	29,619	23,743	23,743
		156,062	156,062	190,337	190,337

6.	Y Other income	ear ende	d 31 Decem	ber 2020
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds f	2020 f	Funds f	2019 f
	Other income		985	985	3,646	3,646
7.	Expenditure on charitable	activities	by fund type
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds f	2020	Funds F	2019
	Provision ofhostel &support services Donations in support ofthe Roman		59,370	59,370	69,017	69,017
	Catholic Church Rahab project		41,419 24,784	41,419 24,784	28,739 30,000	26,739 30,000
	Support costs		20,405	20,405	39,884	39,884
			145,978	145,978	167,640	167,640

	Activities
	undertaken	Support	Total funds	Total fund
	dlrecyy F	cosh	2020 8	2019 f
Provision ofhostel &support services Donations in support ofthe Roman	59,370	18,276	77,$46	103,181
Catholic Church Rahab project Governance costs	41,419 24,784	2,129	41&419 24,784 2,129	25,739 30,000 5,720
	125,573	20,405	145,978	167,640

		Analysis of
		support costs
		activity	Total 2020	Total 2019
			8
Communications General oflice Finance costs	and IT	2,323 47	2323 47	1,387 2,828 152
Office expenses Depreciation Sundry Expenses Motor expenses		378 11,940 2,187 1,401	378 11,940 2,187 1,401	1,123 18,484 6,443 3,747
		18,276	18&276	34,164

10.	Year Other expenditure	ended	31Decem	ber 2020
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds f	2020	Funds	2019 f
	Loss on disposal oftangible fixed
	assets held for charity's own use				(1,432)	(1,432)
'l1.	Net income
	Net income is stated after charging/(crediting):
					2020	2019
	Depreciation oftangible fixed assets				11,040	18,484
	Gains on disposal oftangible fixed assets					(1,432)
	Foreign exchange differences				1	40
12.	Independent examination fees
					2020 0	2019 f
	Fees payable to the independent	examiner for:
	Independent examination ofthe financial		statements		1,750	1,500

Year ended 31D Analysis of net assets between funds	ecember 2()20
	Unrestricted	Total Funds
	Funds	2020
		8
Tangible fixed assets	665,976	665,976
Current assets Creditors less than 1 year	142,515 (28,408)	142,515 (28808)
Net assets	780,083	760,083
	Unrestricted	Total Funds
	Funds	2019
	8	8
Tangible fixed assets	672,440	672,440
Current assets	250,775	250,775
Creditors less than 1 year	(154.346)	(154,346)
Net assets	768,869	768,869

			2020	2019
			8
Income and endowments
Donations and legacies
Hostel oontdibutions Donaticns in respect ofpensions			126,443 29,619	166,594 23,743
			158,062	190,337
Investment income
Bank interest receivable
Other income
Other income			985	3,646
Total income			157,192	194,206
Expenditure
Expenditure on chartbsble	activities
Purchases Rates and water Light and heat Repairs and maintenance Insurance Other establishment Motor vehicle expenses Other motor/travel costs Legal and professional fees Telephone Other office costs Depreciation Other interest payable and similar charges			11,301 5~3 14489 17,288 5,108 5,201 1W1 2,175 2,323 378 11,940	14,462 6,628 13,254 10,244 6,947 1,387 17,482 3,747 5,659 2,828 1,123 18,484 173
Foreign exchange gain/loss			1	40
Other charitable expenditure/donations Provincial donations Sundry expenses Rahab project			8,089 33,330 2,187 24,784	9,101 19,638 6,443 30,000
			145,978	167,640
Other expenditure
Loss on disposal oftangible	gxad assets held for charity's	own use		(1,432)
Total expenditure			145,978	166,208
Nst income			11,214	27,998

		2020 8	2019f
Expenditure on charitable activities
Provision ofhostel asupport services
Acfhrlties underfnken direct/jr
Hostel - Food and provisions Hostel - Rates and water Hostel - Light and heat Hostel - Repairs and maintenance Hostel - Insurance Hostel - Laundry and cleaning		11,301 5,483 14,989 17488 5,108 5,201	14,462 6,628 13,254 10,244 6,947 17,482
		59,370	69,017
Support costs
Support Hostel - Public relations Support Hostel - Motor and travel Support Hostel - Subscriptions		1,401 47	1,367 3,747 152
Support Hostel - Telephone Support Hostel - Office expenses Support Hostel - Depreciation Support Hostel- Sundry expenses		2323 378 11,940 2,187	2,828 1,123 16,484 6,443
		18,276	34,164
Donations in support ofthe Roman Catholic	Church
Activities undertaken dlruotftr
Other charitable activities - Other charitable expenditure/donations Other charitable activities - Provincial donations		8,089 33,330	9,101 19,638
		41,419	28,739
Rahab project
Activities undertaken dlrscff/r
Rahab Project - Donations		24,784	30,000
Governance costs
Audit and accountancy fees Governance costs - legal and other professional Governance costs - otherfinance costs	fees	251 1,877	1,500 4,007 173
Governance costs - foreign exchange gain/loss		1	40
		2,129	5,720
Expenditum on charfbrble activities		145,878	167.640