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|Trustees|||||Rev S Botto||
|---|---|---|---|---|---|---|
||||||Rev P Mooney||
||||||Bro E Slawinski||
||||||Rev D Byrne||
|Charity|number|(England|and|Wales)|220690||
|Charity|number|(Scotland)|||SC039809||
|Principal|address||||High Thorn||
||||||Pittington
Road||
||||||Rainton Gate||
||||||Houghton
le Spring||
||||||DH5 9RG||
|Auditor|||||Robson Laidler Accountants|Limited|
||||||Fernwood
House||
||||||Fernwood
Road||
||||||Jesmond||
||||||Newcastle
Upon Tyne||
||||||Tyne and Wear||
||||||England||
||||||NE2 1TJ||
|Bankers|||||Barclays Bank pic||
||||||Corporate
Banking Centre||
||||||PO Box229||
||||||Navigation
Way||
||||||Preston||
||||||PR2 2XY||
##
|||Page|
|---|---|---|
|Trustees'
report|||
|Independent
auditor's|report|7-9|
|Statement
offinancial|activities|10-11|
|Balance sheet||12|
|Statement
ofcash flows||13|
|Notes to the financial|statements|14 - 22|
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|Current financial|year||||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|||
||||||2021|2021|2021|2020|
|||||Notes|6||6||
|e and en|||||||||
|Donations
and legacies||||2|614,786|1,008,870|1,623,656|1,303,178|
|Investments||||3|600,457||600,457|587,157|
|Other income|||||54,366||54,366|47,496|
|Total income|||||1,269,609|1,008,870|2,278,479|1,937,831|
|diture on:|||||||||
|Raising funds||||4|92,762|335,937|428,699|430,868|
|Charitable
activities||||5|1,201,142|695,693|1,896,835|1,648,346|
|Total resources expended|||||1,293,904|1,031,630|2,325,534|2,079,214|
|Net gains/(losses)|on investments||||2,005,133||2,005,133|544,717|
|Net incoming/(outgoing)|||resources before|transfers|1,980,838|(22,760)|1,958,078|403,334|
|Gross transfers
between||funds|||(22,760)|22,760|||
|Net movement
in|funds||||1,958,078||1,958,078|403,334|
|Fund balances at 1 January|||2021||31,423,179||31,423,179|31,019,845|
|Fund balances at|31 December 2021||||33,381,257||33,381,257|31,423,179|
##
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|Prior financial|year|year||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|
||||||||funds|funds||
||||||||2020|2020|2020|
|||||||Notes|8||8|
|Donations
and|legacies||||||482,097|821,081|1,303,178|
|Investments|||||||587,157||587,157|
|Other income|||||||47,496||47,496|
|Total income|||||||1,116,750|821,081|1,937,831|
|Raising funds||||||4|86,879|343,989|430,868|
|Charitable
activities||||||5|1,184,688|463,658|1,648,346|
|Total resources expended|||||||1,271,567|807,647|2,079,214|
|Net gains/(losses)||on investments|||||544,717||544,717|
|Net incoming/(outgoing)||||resources|before transfers||389,900|13,434|403,334|
|Gross transfers|between||funds||||13,434|(13,434)||
|Net movement|in|funds|||||403,334||403,334|
|Fund balances|at 1 January|||2020|||31,019,845||31,019,845|
|Fund balances|at|31 December 2020|||||31,423,179||31,423,179|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|f|6|
|Fixed assets|||||||
|Tangible assets||||9|6,757,290|6,787,124|
|Investments||||10|24,364,564|22,729,398|
||||||31,121,854|29,516,522|
|Current assets|||||||
|Debtors|||||321,595|297,899|
|Cash at bank and|in|hand|||2,640,286|2,001,208|
||||||2,961,881|2,299,107|
|Creditors: amounts||falling due within|||||
|one year||||12|(702,478)|(392,450)|
|Net current assets|||||2,259,403|1,906,657|
|Total assets less|current||liabilities||33,381,257|31,423,179|
|Income funds|||||||
|~nr ~r' Igd funds|||||||
|Designated
funds||||14|26,481,738|25,081,413|
|General
unrestricted||funds|||6,899,519|6,341,766|
||||||33,381,257|31,423,179|
||||||33,381,257|31,423,179|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|||f||
|Cash flows from operating||activities||||||
|Cash absorbed
by operations|||||(332,344)||(470,034)|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||||(496,228)||
|Proceeds|on disposal oftangible fixed|||||||
|assets||||1,000||4,510||
|Purchase|of investments|||(3,428,702)||(3,542,061)||
|Proceeds|on disposal of investments|||3,798,667||3,333,043||
|Investment|income received|||600,457||587,157||
|Net cash|generated
from/(used
in)|||||||
|investing|activities||||971,422||(113,579)|
|Net cash|used
in financing|activities||||||
|Net increase/(decrease)
in||cash and|cash|||||
|equivalents|||||639,078||(583,613)|
|Cash and|cash equivalents|at beginning|ofyear||2,001,208||2,584,821|
|Cash and|cash equivalents|at end of|year||2,640,286||2,001,208|
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|||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds||funds|funds||
|||||||2021
f|2021f|2021
f.|2020|2020
f|2020
F|
|Donations||and gifts||||67,433|1,008,770|1,076,203|42,977|821,081|864,058|
|Legacies|receivable|||||233,681|100|233,781|168,601||168,601|
|Masses said||||||91,435||91,435|69,900||69,900|
|Salaries,|stipends|||and||||||||
|pensions||||||222,237||222,237|200,619||200,619|
|||||||614,786|1,008,870|1,623,656|482,097|821,081|1,303,178|
|investments||||||||||||
|||||||||||Unrestricted|Unrestricted|
|||||||||||funds|funds|
|||||||||||2021f|2020|
|Dividends||and interest||||||||600,457|587,157|
|Raising|funds|||||||||||
|||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||||funds|funds||funds|funds||
|||||||2021|2021|2021|2020|2020|2020|
|||||||f|f|f|F|f|f|
|Funri|in||and||''t|||||||
|Personal|and external|||||||||||
|boarding|allowances||||||45,900|45,900||48,900|48,900|
|Promotional|||costs|and||||||||
|appeals||||||7,607|87,868|95,475|8,857|84,220|93,077|
|Office costs|||||||14,407|14,407||18,925|18,925|
|Sundries||||||960|3,684|4,644||4,059|4,059|
|Travel and||motor||costs|||20,225|20,225||14,725|14,725|
|Staff costs|||||||146,076|146,076||149,594|149,594|
|Depreciation|||and|||||||||
|impairment|||||||17,777|17,777||23,566|23,566|
|Fundraising|||and publicity|||8,567|335,937|344,504|8,857|343,989|352,846|
|Investm||t mana||em|n|84,195||84,195|78,022||78,022|
##
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##
|4|Raising funds|Raising funds||||||(Continued)|
|---|---|---|---|---|---|---|---|---|
||||92,762|335,937|428,699|86,879|343,989|430,868|
|5|Charitable|activities|||||||
||||||||Charitable|Charitable|
||||||||activities|activities|
||||||||2021|2020|
|||||||||E|
||Staff costs||||||491,810|532,616|
||Rent and|rates|||||48,530|33,000|
||insurance||||||13,353|12,184|
||Light and|heat|||||74,733|65,824|
||Telephone,
postage and stationery||||||10,158|12,188|
||Repairs and maintenance||||||73,389|61,496|
||Sundries||||||32,284|27,854|
||Retirement
costs||||||170,100|167,850|
||Chapel expenses||||||4,097|1,394|
||Household|costs|||||98,317|99,132|
||Motor and|travel|||||16,919|9,973|
||Medical expenses||||||13,085|9,386|
||Personal|allowances|||||31,500|32,100|
||Regional|external allowances|||||17,280|19,230|
||Contributions
to Generalate||||||658,493|417,908|
||Overseas|allowances|||||37,200|45,750|
||||||||1,791,248|1,547,885|
||Share of support costs (see||note 6)||||105,587|100,461|
||||||||1,896,835|1,648,346|
||Analysis|by fund|||||||
||Unrestricted
funds||||||1,201,142|1,184,688|
||Restricted|funds|||||695,693|463,658|
||||||||1,896,835|1,648,346|
##
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|Support cos|ts|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021|Support|Governance|2020|
|||costs|costs||costs|costs||
|||E|E||E|||
|Staff costs||34,485||34,485|35,948||35,948|
|Depreciation||12,061||12,061|13,347||13,347|
|Telephone||837||837|1,230||1,230|
|Postage and|stationery|11,938||11,938|10,250||10,250|
|Subscriptions||7,010||7,010|4,701||4,701|
|Sundries||580||580|662||662|
|Motor, travel|and|||||||
|meeting costs||3,003||3,003|1,840||1,840|
|Professional|fees|22,268||22,268|19,073||19,073|
|Audit fees||8,520||8,520|8,520||8,520|
|Bank charges||4,885||4,885|4,890||4,890|
|||105,587||105,587|100,461||100,461|
|Analysed
between||||||||
|Charitable
activities||105,587||105,587|100,461||100,461|
##
##
|The avera|ge
|month|ly
number
of employees
during the ye|ar was:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Number|Number|
|Administrative||and|fundraising|6|8|
|Domestic,|cleaning||and catenng|23|25|
|Tota
I||||29|33|
##
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|Employees||(Continued)|
|---|---|---|
|Employment
costs|2021|2020|
||6|E|
|Wages and salaries
Social security costs|617,242
44,617|658,678
48,107|
|Other pension costs|10,512|11,373|
||672,371|718,158|
##
|Tangible
fixe|d assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold|land|Fixtures and Motor|vehicles|Total|
||||and buildings||fittings|||
|||||6|F|E||
|Cost||||||||
|At 1 January|2021||6,724,921||13,927|214,459|6,953,307|
|Disposals|||||(3,742)|(7,695)|(11,437)|
|At 31 December 2021|||6,724,921||10,185|206,764|6,941,870|
|Depreciation|and impairment|||||||
|At 1 January|2021||||4,075|162,104|166,179|
|Depreciation|charged|in the year|||2,850|26,988|29,838|
|Eliminated
in|respect of disposals||||(3,742)|(7,695)|(11,437)|
|At 31 December 2021|||||3,183|181,397|184,580|
|Carrying
amount||||||||
|At 31 December 2021|||6,724,921||7,002|25,367|6,757,290|
|At 31 December 2020|||6,724,921||9,849|52,354|6,787,124|
##
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|Fixed asset investments||
|---|---|
||Listed|
||Investments|
||6|
|Cost or valuation||
|At 1 January 2021|22,729,398|
|Additions|3,428,702|
|Valuation
changes|2,005,131|
|Disposals|(3,798,667)|
|At 31 December 2021|24,364,564|
|Carrying
amount||
|At 31 December 2021|24,364,564|
|At 31 December 2020|22,729,398|
##
|Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|Amounts
falling due||within one year:||6|
|Trade debtors|||301,538|278,175|
|Other debtors|||9,533|9,200|
|Prepayments|and accrued income||10,524|10,524|
||||321,595|297,899|
|Creditors: amounts||falling due within one year|||
||||2021f|2020|
|Other taxation|and social security||10,086|9,203|
|Trade creditors|||629,200|327,421|
|Other creditors|||60,192|52,826|
|Accruals and|deferred|income|3,000|3,000|
||||702,478|392,450|
##
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##
##
||||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|
||||Balance at||Incoming|Resources|Transfers|Balance at|
|||1|January|2021|resources|expended||31 December|
|||||||||2021|
||||||||f|E|
|APF|Fund||||1,008,870|(1,031,630)|22,760||
##
##
|||||Movement|In funds|||
|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Transfers|Revaluations,|Balance at|
|||1 January
2021|resources|expended||gains and|31 December|
|||||||losses|2021|
|||||||f|E|
|Retirement|fund|18,356,492|651,034|(259,062)|(656,009)|1,664,362|19,756,817|
|Capital fund||6,724,921|||||6,724,921|
|||25,081,413|651,034|(259,062)|(656,009)|1,664,362|26,481,738|
##
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|16|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
||Surplus
for the year||||||1,958,078|403,334|
||Adjustments
for:||||||||
||Investment
income|recognised|in statement||offinancial|activities|(600,457)|(587,157)|
||Gain on disposal of|tangible
fixed assets|||||(1,000)|(4,510)|
||Fair value gains and|losses on|investments||||(2,005, 133)|(544,717)|
||Depreciation
and impairment
oftangible|||fixed assets|||29,838|36,913|
||Movements
in working
capital:||||||||
||(Increase)/decrease|in debtors|||||(23,698)|290,753|
||Increase/(decrease)|in creditors|||||310,028|(64,650)|
||Cash absorbed
by|operations|||||(332,344)|(470,034)|