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|Trustees|||||Rev S Botto|Rev S Botto||
|---|---|---|---|---|---|---|---|
||||||Bro E Slawinski|||
||||||Rev D Byrne|||
|Charity|number|IEngland|and|Wales)|220690|||
|Charity|number|(Scotland)|||SC039809|||
|Principal|address||||High Thorn|||
||||||Pittington|Road||
||||||Rainton Gate|||
||||||Houghton|le Spring||
||||||DH59RG|||
|Auditor|||||Robson Laidler Accountants||Limited|
||||||Fernwood|House||
||||||Fernwood|Road||
||||||Jesmond|||
||||||Newcastle|Upon Tyne||
||||||Tyne and|Wear||
||||||England|||
||||||NE2 1TJ|||
|Bankers|||||Bardays|Bank pic||
||||||Corporate|Banking Centre||
||||||PO Box229|||
||||||Navigation|Way||
||||||Preston|||
||||||PR22XY|||
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|||Page|
|---|---|---|
|Trustees'report||1-5|
|Independent
auditor's|report|6-8|
|Statement
offinancial|activities|9-to|
|Balance sheet|||
|Statement
ofcash flows||12|
|Notes to the financial|statements|13-21|
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|Current financial year|Current financial year|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|||
||||||Notes|2022
f|2022
f|2022f|2021
f|
|Income and endowments|||from:|||||||
|Donations
and|legacies||||2|604,141|993,048|1,597,189|1,623,656|
|Investments||||||621,042||621,042|600,457|
|Other income|||||||||54,366|
|Total income||||||1,225,183|993,048|2,218,231|2,278,479|
|~E*
dtt||||||||||
|Raising funds|||||3|103,265|373,253|476,518|428,699|
|Charitable
activities|||||4|1,260,257|609,016|1,869,273|1,896,835|
|Total resources expended||||||1,363,522|982,269|2,345,791|2,325,534|
|Net gains/(losses)
on investments||||||(3,084,865)||(3,084,865)|2,005,133|
|Net (outgoing)/Incoming|||resources|before|transfers|(3,223,204)|10,779|(3,212,425)|1,958,078|
|Gross transfers|between|funds||||10,779|(10,779)|||
|Net movement|fn funds|||||(3,212,425)||(3,212,425)|1,958,078|
|Fund balances|at 1 January||2022|||33,381,257||33,381,257|31,423,179|
|Fund balances|at 31 December 2022|||||30,168,832||30,168,832|33,381,257|
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|Prior financial yea|r||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds||
|||||||2021|2021|2021|
||||||Notes|6|6||
|Income and endowments|||from||||||
|Donations
and legacies|||||2|614,786|1,008,870|1,623,656|
|Investments||||||600,457||600,457|
|Other income||||||54,366||54,366|
|Total income||||||1,269,609|1,008,870|2,278,479|
|~E*
dit|||||||||
|Raising funds|||||3|92,762|335,937|428,699|
|Charitable
activities|||||4|1,201,142|695,693|1,896,835|
|Total resources expended||||||1,293,904|1,031,630|2,325,534|
|Net gains/(losses)|on investments|||||2,005,133||2,005,133|
|Net (outgoing)/incoming|||resources|before transfers||1,980,838|(22,760)|1,958,078|
|Gross transfers
between||funds||||(22,760)|22,760||
|Net movement
in|funds|||||1,958,078||1,958,078|
|Fund balances at 1 January|||2021|||31,423,179||31,423,179|
|Fund balances at|31 December 2021|||||33,381,257||33,381,257|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|6||
|Fixed assets||||||
|Tangible assets|||9|6,759,004|6,757,290|
|investments|||10|20,442,623|24,364,564|
|||||27,201,627|31,121,854|
|Current assets||||||
|Debtors||||490,603|321,595|
|Cash at bank and|in|hand||2,960,536|2,640,286|
|||||3,451,139|2,961,881|
|Creditors: amounts||falling due within||||
|one year|||12|(483,934)|(702,478)|
|Net current assets||||2,967,205|2,259,403|
|Total assets less|current liabilities|||30,168,832|33,381,257|
|Income funds||||||
|~Unr
~i~fniLs||||||
|Designated
funds|||14|23,588,563|26,481,738|
|General
unrestricted||funds||6,580,269|6,899,519|
|||||30,168,832|33,381,257|
|||||30,168,832|33,381,257|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|6||f||
|Cash flows from operating||activities||||||
|Cash absorbed
by operations|||16||(1,111,909)||(332,344)|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(25,960)||||
|Proceeds|from disposal
of tangible
fixed|||||||
|assets||||||1,000||
|Purchase|ofinvestments|||(8,740,065)||(3,428,702)||
|Proceeds|from disposal of|investments||9,577,142||3,798,667||
|Investment|income received|||621,042||600,457||
|Net cash|generated
from|investing||||||
|activities|||||1,432,159||971,422|
|Net cash|used in financing|activities||||||
|Net increase
in cash and cash equivalents|||||320,250||639,078|
|Cash and|cash equivalents|at beginning|ofyear||2,640,286||2,001,208|
|Cash and|cash equivalents|at end of|year||2,960,536||2,640,286|
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|||||Unrestricted
Restricted|Unrestricted
Restricted|Unrestricted
Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds||funds|funds||
||||||2022|2022|2022|2021|2021|2021|
||||||E|E|E|E|E|E|
|Donations||and gifts|||150,974|991,284|1,142,258|67,433|1,008,770|1,076,203|
|Legacies|receivable||||94,276|1,764|96,040|233,681|100|233,781|
|Masses said|||||135,571||135,571|91,435||91,435|
|Salaries,|stipends|||&|||||||
|pensions|||||223,320||223,320|222,237||222,237|
||||||604,141|993,048|1,597,189|614,786|1,008,870|1,623,656|
|Raising funds|||||||||||
||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||funds|funds||funds|funds||
||||||2022|2022|2022|2021|2021|2021|
||||||E|E|E||E|E|
|Fundraisin|||and|ublici|||||||
|Personal|and external||||||||||
|boarding|allowances|||||39,750|39,750||45,900|45,900|
|Promotional|||costs and||||||||
|appeals|||||8,575|101,690|110,265|7,607|87,868|95,475|
|Office costs||||||26,283|26,283||14,407|14,407|
|Sundries|||||1,150|5,013|6,163|960|3,684|4,644|
|Travel and||motor||costs||36,339|36,339||20,225|20,225|
|Staif costs||||||147,325|147,325||146,076|146,076|
|Depreciation|||and||||||||
|impairment||||||16,853|16,853||17,777|17,777|
|Fundraising|||and publicity||9,725|373,253|382,978|8,567|335,937|344,504|
|Investment|||mana|ement|93,540||93,540|84,195||84,195|
||||||103,265|373,253|476,518|92,762|335,937|428,699|
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|||Charitable|Charitable|
|---|---|---|---|
|||activities|activities|
|||2022|2021|
|||5|9|
|Staff costs||536,881|491,810|
|Rent and|rates|41,833|48,530|
|Insurance||17,000|13,353|
|Light and|heat|83,129|74,733|
|Telephone,|postage and stationery|9,134|10,158|
|Repairs and maintenance||48,183|73,389|
|Sundries||29,836|32,284|
|Retirement|costs|157,412|170,100|
|Chapel eg&enses||1,805|4,097|
|Household|costs|105,314|98,317|
|Motor and|travel|19,594|16,919|
|Medical expenses||19,005|13,085|
|Personal allowances||36,450|31,500|
|Regional external allowances||23,655|17,280|
|Contributions
to Generalate||571,816|658,493|
|Overseas|allowances|37,200|37,200|
|||1,738,247|1,791,248|
|Share of support costs (see note 5)||131,026|105,587|
|||1,869,273|1,896,835|
|Analysts|by fund|||
|Unrestricted
funds||1,260,257|1,201,142|
|Restricted|funds|609,016|695,693|
|||1,869,273|1,896,835|
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|Support costs|||||||
|---|---|---|---|---|---|---|
||Support|Governance|2022|Support|Governance|2021|
||costs|costs||costs|costs||
||E|E|E|E|E||
|Staff costs|30,597||30,597|34,485||34,485|
|Depreciation|7,392||7,392|12,061||12,061|
|Telephone|933||933|837||837|
|Postage and stationery|10,264||10,264|11,938||11,938|
|Subscriptions|9,882||9,882|7,010||7,010|
|Sundries|28,171||28,171|580||580|
|Motor, travel and meeting|||||||
|costs|3,489||3,489|3,003||3,003|
|Professional fees|26,957||26,957|22,268||22,268|
|Audit fees|8,520||8,520|8,520||8,520|
|Bank charges|4,821||4,821|4,885||4,885|
||131,026||131,026|105,587||105,587|
|Analysed
between|||||||
|Charitable
activities|131,026||131,026|105,587||105,587|
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||||2022|2021|
|---|---|---|---|---|
||||Number|Number|
|Administrative|and|fundraising|6|6|
|Domestic, cleaning||and catering|28|23|
|Total||||29|
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|7|Employees||IContinued)|
|---|---|---|---|
||Employment
costs|2022
f|2021f|
||Wages and salaries|653,053|617,242|
||Social secunty costs|50,260|44,617|
||Other pension costs|11,490|10,512|
|||714,803|672,371|
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|Tangible fixe|d assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold|land|Fixtures and Motor vehicles||Total|
||||and buildings||fittings|||
|||||f|f|f||
|Cost||||||||
|At 1 January|2022||6,724,921||10,184|206,764|6,941,869|
|Additions|||||5,400|20,560|25,960|
|At 31 December 2022|||6,724,921||15,584|227,324|6,967,829|
|Depreciation|and impairment|||||||
|At 1 January|2022||||3,183|181,397|184,580|
|Depreciation|charged|in the year|||3,609|20,636|24,245|
|At 31 December 2022|||||6,792|202,033|208,825|
|Carrying
amount||||||||
|At 31 December 2022|||6,724,921||8,792|25,291|6,759,004|
|At 31 December 2021|||6,724,921||7,002|25,367|6,757,290|
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||Listed|
|---|---|
||investmentsf|
|Cost orvaluation||
|At 1 January 2022|24,364,564|
|Additions|8,740,336|
|Valuation changes|(3,084,865)|
|Disposals|(9,577,412)|
|At 31 December 2022|20,442,623|
|Carrying
amount||
|At 31 December 2022|20,442,623|
|At 31 December 2021|24,364,564|
##
|11|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Amounts
falling due||withIn one year:|6||
||Trade debtors|||469,337|301,538|
||Other debtors|||6,595|9,533|
||Prepayments|and accrued income||14,671|10,524|
|||||490,603|321,595|
|12|Creditors: amounts||falling due within one year|||
|||||2022
f|2021f|
||Other taxation|and social security||10,382|10,086|
||Trade creditors|||406,001|629,200|
||Other creditors|||64,551|60,192|
||Accruals and deferred||income|3,000|3,000|
|||||483,934|702,478|
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||||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|
||||Balance at||Incoming|Resources|Transfers|Balance at|
|||1|Januaty|2022|resources|expended||31 December|
|||||||||2022|
|APF|Fund||||993,048|(982,269)|(10,779)||
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|||||Movement|in funds|||
|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Transfers|Revaluations,|Balance at|
|||1 January
2022|resources|expended||gains and|31 December|
|||||||losses|2022|
|||||||9|f|
|Retirement|fund|19,756,817|718,101|(239,147)|(697,569)|(2,674,560)|16,863,642|
|Capital fund||6,724,921|||||6,724,921|
|||26,481,738|718,101|(239,147)|(697,569)|(2,674,560)|23,588,563|
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|16|Cash generated
from operations|Cash generated
from operations||||2022f|2021
f|
|---|---|---|---|---|---|---|---|
||(Deficit)lsurpus
for the year|||||(3,212,425)|1,958,078|
||Adjustments
for:|||||||
||Investment
income recognised|in statement||of financial|activities|(621,042)|(600,457)|
||Gain on disposal oftangible
fixed assets||||||(1,000)|
||Fair value gains and losses on|investments||||3,084,865|(2,005,133)|
||Depreciation
and impairment
oftangible||fixed assets|||24,245|29,838|
||Movements
in working
capital:|||||||
||(Increase)
in debtors|||||(169,008)|(23,698)|
||(Decrease)fincrease
in creditors|||||(218,544)|310,028|
||Cash absorbed
by operations|||||(1,111,909)|(332,344)|