2022-12-31-accounts

			Miss PA. Shoulder
			Miss M.M. Rowntree
			Miss 5.CChnscon
			Miss K. Matthews
			Mrs A.M.Shanks
			Mrs A.M.Thompson
Charity	number		229943
Principal	address		St Anthony' sConvent	of	Mercy
			Oakiea
			Tunstall Road
			Sunderland
			Tyne 3 Wear
			SR2 7IR
			WhitnaBs
			Trident House
			105Derby Road
			Uverpool
			l20 BLZ
Bankers			National Westminster	Bank pic
			52 Fawcett Street
			Sunderland
			SR1158
Solicitors			WOmble BOnd DiCkinsOn		iUK) I.LP
			One Trinity
			Broad Chare
			Newcastle upon Tyne
			NE12HF
Investment		advisors	Irwestec Wealth and	investment		Limited
			30Gresham 5treet
			London
			EC2V 7QN

Trustees'	report
indapendentauditor's		report
statement	offinancial	activities
Balance sheet
statement	ofcash flows
Notes to	the financial	statements

					Vnrestrkted	Vnrestricted
					funds	funds
					2022	2021
				Noses	6	6
Income and endovnnants			from:
Donations and legacies					414,604	499,855
Investments					964,030	1,062,426
Other mcoma						668
Total Income					1,378,634	1,562,949
d'
Raising funds				5	95,306	106,258
Charitable activities				6	2,568,503	2,275,495
Total expenditure					2,663,809	2,381,753
Net gains/(losscsl		on investments		11	(4,452,845 l	2,591,338
Net movement	In funds				(5,738,020)	1,772,534
Fund balances at		1January	2022		37,580,657	35,808,123
Fund bahsnces at		31December 2022			31,842,637	37,580,657

				2022		2021
				2		2
Rxed assets
Tanf lhie assets			13		6,130,277		6,145,591
Investments			14		24,796,268		30,468,162
					30,926,545		36,613,753
Current assets
Debtors			15	437,103		471,884
Cash at bank	and in	hand		618,708		607,907
				1,055,8tl		1,079,791
Credltonu amounts		falBng due within one
year			16	(139,719)		(112,887)
lect current assets					916,092		966,904
Total assets less current liabiBtfes					31,842.637		37,580,657
Income funds
Vnrestncted	funds				31,842,637		37,580,657
					3L842,637		37,590,657

			2022		2021
			8		8
Cash flows from operating artMtles
Cash absorbed by operations				(2,177,331I		(1,907,332l
Invesdng activities
Purchase oftangible fixed assets			(4,398l		(9,801l
Proceeds from disposal oftangible	lixed	assets	9,451		2,ID00
Purchase ofinvestments			(4,584,530l		(2,599,290l
Proceeds from disposal of investments			5,$03,579		2,905,350
Investment Income received			964,030		1,D62,426
Net cash geeerated froru irwesting	acgvhies			2,188,132		1,360,685
Net cash used ln (tnancing activities
Net increase/(decrease) ln cash and cash equivalents				10,801		(546,647l
Cash and cash equivalents at beginning		ofyear		607,907		1,154,554
Cash and cash equivalents at end	ofyear			618,7D8		607,907

				Vnrestrltsed	Vnrestrlcted
				funds	funds
				2022	2021
				E	6
Gifts - covenanted		pensions	and salaries	413,941	439,854
ttonations	from individuals			663	60,001
				414,604	499,655

			Vnrestricted	Vnrestricted
			funds	funds
			2022	2021
			E	E
Income	fram listed investments		859,539	962,340
Income	from unlisted	investments	84,417	87,346
Interest	receivable		20,074	12,740
			964,030	1,062,426

		Totai	Vnrestrlcted
			funds
			2021
			E
Other	income		668

			Vnrestrfcted	Vnrestricted
			funds	funds
			Z022	Z021
			E	E
Investment	manager's	fees	95,306	106,258
			95,306	106,258

			Charitable	Charitable
			aclivttks	activities
			2022	2021
			6	6
Staffcosts			806,874	751,549
Premises	costs		214,561	146,604
Household	and provisions		106,167	113,067
Religious	and chapel	expenses	14,883	33,566
			1,152,485	1,044,786
Grant fundmg ofacllvlties (see note 7)			1,L89,415	985,329
Share ofsupport costs (see note 8)			186,735	187,570
Share ofgovernance		costs (see note 8l	39,868	57,810
			2,568,503	2,275,495

			Charitable	Charitable
			acti vitfes	activities
			2022	2021
			6	6
Grants	to	institutionu
Other			1,132,415	923,329
Grants	to	individuals	57,000	62,000
			1,189,415	985,329

		Suppostcosts	Governance	2022	Support costs	Governance	2021
			costs			costs
			f			6
Depreciation		10,261		10,261	21,721		21,721
Telephone		5,206		5,2D6	4,81D		4,81D
Motor and trave	I	48,202		48,202	43,883		43,883
Bad and doubtful	debts				1,164		1,164
Bank charges		3,929		3,929	4,421		4,421
printing, postage	and
stationery		20,606		20,606	19,441		19,441
5ubscriptions		1,895		1,895	2,592		2,592
5ister's expenses		67,653		67,653	73,2DD		73,200
Medica I		2$,9$3		2$,983	15,378		15,378
Raff tra In In g					960		960
Audit fees			22,956	22,956		23,466	23,466
Legal and professional			16,912	16,912		34,344	34,344
		1$6,735	39,868	226,603	187,570	57,$10	245,380
Analysad between Chorea hie and vittes		186,735	39,868226,603		187,570	57,810	245,380

		2022	2021
		Nusnber	Nusnber
Care Staff		14	13
Domestic 5taff		10	9
Management	5taff	6	6
Administration	Staff	3	3
Total		33	31

10	Employees		(OonSnuadI
	Employment costs	2022	2021
		8	8
	Wages and salaries	730,770	688,952
	Social security costs	63,552	51,360
	Other pension casts	12,552	11,237
		BD6,874	751,549

			Vnrestriated	Vnrestriated
			funds	funds
			2022	2021
			8	8
Revaluation	of	investments	(3,865,844)	2,590,020
Gain/(loss)	on	sale ofirwestments	(587,001(	1,318
			(4,452,845i	2,591,338

Tangible fine	d amats
			sraa hold land	riataraa and	saeva vaiiiclaa
			and huadlnis	ntilnis
			8	6	8
Cost
At 1January	2022		6,040,530	353,774	115,211	6,509,515
Additions				4,398		4,398
Disposals				(1,470(	(29,399l	(30,869l
At 31December Z022			6,04l1,530	356,702	85,812	6,483,044
Depredation	and impairment
At 1January	2022			266,912	97,012	363,924
Depredolivn	Charged	in the year		13,304	4,166	17,470
Eliminated in	respect ofdisposals			(764(	(27,863I	(28,627l
At 31December 2022				279,452	73,315	352,767
Carrying amount
At 31December Z022			6,040,530	77,250	12,497	6,130,277
At 31December 2021			6,040,530	86,862	18,199	6,145,591

	Usted	Vngsted	Total
	i Ivestana lite	i niastnlonts
	6	6
Costorvaluation
At 1January 2022	26,474,634	3,993,528	30,468,162
Additions	1,817,039	2,767,491	4,584,530
Valuation changes	(3,018,680l	(847,164l	(3,865,844l
Disposals	(5,890,580l	(500,00DJ	(6,390,580l
Al 31December 2022	19,382,413	5,413,855	24,796,268
Carrying amount
At31December 2022	19,3R2,413	5,413,855	24,796,26R
At 31December Z021	26,474,634	3,993,528	30,468,162

14	Fixed asset investments			(Contfnuedf
15	Oebtors
			2022	2021
	Amounts faglng due within one year.		E	E
	Other debtors		32,000	38,615
	prepayments	and accrued income	78,528	75,281
			110,528	113,896
			2022	2021
	Amounts falling due alter more than one year:		E	E
	Other debtors		326,575	357,988
	Total debtors		437.103	471.884

			Z022	Z021
			E	E
Other taxation	and social security		12,809	11,589
Other oeditors			37,891
Accruals and deferred		income	89.019	101.298
			139,7L9	112,887

18	Analysis ofnat assets between	Analysis ofnat assets between	funds	funds
									Vnrestristed	Vnrestricted
									funds	funds
									2022	2021
									6	6
	Fund balances at 31December		2022 are		represemed		by
	Tangible assets								6,130,277	6,145,591
	Investments								24,796,268	30,468,162
	Current xssets/(liabigdes)								916,I092	966,904
									31,842,637	37,560,657
19	fietated party transactions
	There were no disdosable related			party transactions			during the year (2D21-none).
20	Cash generated from operadons								2022	2021
										8
	(Deficit)/surpus for rhe year								(5,7M,020)	1,772,534
	Adjustments for:
	Irwestment income recognised		in	statement		offinancial		activities	(964,030)	(1,062,426)
	(Gain)/loss on disposal oftangible			fixed assets					(7,209l	988
	Loss/(gain) on disposal of investments								587,001	(1,318)
	Fair value gains and losses on	investments							3,865,844	(2,590,020l
	Depredation and Impairment	oftangible			fixed assets				17,470	20,733
	Movements in working capitak
	Decrease in debtors								34,781	23,143
	Increase/(decrease) In creditors								26,832	(70,966)
	Cash absorbed by operations								(2,177,331)	(1,907,332)