2021-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 8
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	10to 13
Statement of Financial	Activities	14
Balance Sheet		15
Cash Flow Statement		16
Notes to the Financial	Statements	17 to 32

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
	Note	f		E	E
Income and Endowments	from:
Donations and legacies		766,322	96,190	862,512	844,292
Other trading activities		52,091		52,091	53,286
Investment income		130,835		130,835	124,082
Other income		1,685		1,685
Total Income		950,933	96,190	1,047,123	1,021,660
Expenditure on:
Raising funds		65,263		65,263	65,085
Charitable activities		1,138,526	28,653	1,167,179	1,273,334
Other expenditure					225,958
Total Expenditure		1,203,789	28,653	1,232,442	1,564,377
Gains/losses on investment
assets		992,941		992,941	(139,879)
Net income/(expenditure)		740,085	67,537	807,622	(682,596)
Other recognised gains and losses
Other gains/losses		12,622		12,622	2,426
Net movement in funds		752,707	67,537	820,244	(680,170)
Reconciliation offunds
Total funds brought forward		12,673,139	7,188	12,680,327	13,360,497
Total funds carried forward		13,425,846	74,725	13,500,571	12,680,327

			Note	2021 f	2020f
Fhed assets
Tangible assets			16	3,105,672	3,168,062
Investm ents			17	8,007,943	7,205,368
				11,113,615	10,373,430
Current assets
Stocks			18	129,479	163,140
Debtors			19	77,813	72,446
Investments			20	790,032	790,033
Cash at bank	and in hand		21	1,662,362	1,682,289
				2,659,686	2,707,908
Creditors: Amounts		falling due within one year	22	(272,730)	(401,011)
Net current	assets			2,386,956	2,306,897
Net assets				13,500,571	12,680,327
Funds ofthe	charity:
Restricted income funds				74,725	7,188
Unrestricted	income	funds
Unrestricted	income	funds		13,425,846	12,673,139
Total funds			23	13,500,571	12,680,327

					2021	2020
				Note	f	f
Cash flows from operating activities
Net cash income/(expenditure)					820,244	(680,170)
Adjustments to cash flows from non-cash items
Depreciation				6,8	80,533	81,024
Investment income				4	(130,835)	(121,554)
(Profit)/loss on disposal oftangible			fixed assets		(501)	398
Profit on disposal of investments					(105,247)	(184,315)
Revaluation ofinvestments					(881,839)	331,417
					(217,645)	(573,200)
Working capital adjustments
Decrease/(increase) in stocks				18	33,661	(52,539)
(Increase)/decrease in debtors				19	(5,367)	256,714
(Decrease)/increase in creditors				22	(128,281)	674
Net cash flows from operating		activities			(317,632)	(368,351)
Cash flows from investing activities
Interest receivable and similar		income		4	2,820	2,316
Purchase oftangible fixed assets				16	(20,142)	(1,677)
Sale oftangible fixed assets					2,500
Purchase ofinvestments				17	(2,540,423)	(4,408,294)
Sale of investments					2,724,935	4,446,930
Income from dividends					128,015	121,766
Net cash flows from investing	activities				297,705	161,041
Net decrease in cash and cash	equivalents				(19,927)	(207,310)
Cash and cash equivalents at 1		January			1,682,289	1,889,599
Cash and cash equivalents at 31December					1,662,362	1,682,289

Asset class	Depreciation	method	and rate
Land and Buildings	2%reducing	balance	basis
Motor Vehicles	25% reducing	balance	basis
Fixtures and Fittings	20% reducing	balance	basis
Office Equipment	20%reducing	balance	basis

					Unrestricted
					funds	Restricted	Total		Total
					General	funds	2021		2020
					f	f		f	f
Donations		and legacies;
	Donations from individuals				705,197	96,190		801,387	784,711
	Legacies				16,910			16,910	3,600
	Gift aid reclaimed				44,215			44,215	49,017
Grants, including capital grants;
	Government grants								6,964
					766,322	96,190		862,512	844,292
3	Income	from other trading activities
						Unrestricted
						funds	Total		Total
						General	funds		2020
						f		f	f
Lotteries and competitions				income		52,091		52,091	53,286
						52,091		52,091	53,286
4	Investment income
						Unrestricted	funds
								Total	Total
						Designated f	General f	2021 f	2020 f
Income from dividends;
	Dividends	receivable from other listed			investments	33,284	94,731	128,015	121,766
Interest receivable and similar income;
	Interest receivable		on bank deposits				2,820	2,820	2,316
						33,284	37,551	130,835	124,082

			Unrestricted
			funds	Total	Total
			General f	2021	2020f
Lotteries	and	competitions	22,523	22,523	28,508
			22,523	22,523	28,508

				Unrestricted	funds
						Total	Total
				Designated	General	2021	2020
				E	E	E	E
Amounts	payable	to	investment
managers				10,730	32,010	42,740	36,577

			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
			f	f	E	E
Costs of Masses	& Mass Cards		63,411		63,411	62,789
Costs ofCommunity
Accommodation			149,197		149,197	237,433
Provincia I Costs			171,596		171,596	148,688
Charitable Distributions			405,467	28,653	434,120	488,992
Stationery &Postages			106,763		106,763	105,025
Costs of Mission	News		15,558		15,558	16,331
Staff Costs			121,792		121,792	111,338
Legal and Professional		Fees	2,895		2,895	40
Depreciation of	tangible assets		80,533		80,533	81,024
Bank Charges			5,802		5,802	5,523
Loss on disposal	ofassets					398
Auditors Remuneration			15,512		15,512	15,753
			1,138,526	28,653	1,167,179	1,273,334

	Unrestricted
	funds	Total	Total
	General	2021	2020
	E	f	f
Audit fees
Audit ofthe financial statements	14,142	14,142	14,343
Other fees paid to auditors	1,370	1,370	1,410
	15,512	15,512	15,753

Net outgoing res	ources for t	he year include:
				2021	2020
				f	E
Audit fees				14,142	14,343
Other non-audit	services			1,370	1,410
Profit on disposal oftangible		fixed assets		(501)
Profit on disposal of investments				(107,330)	(184,315)
Loss on disposal	offixed assets held for the charity's		own use		398
Depreciation offixed assets				80,533	81,024
Foreign currency	gains			(12,622)	(2,426)
Finance charges	payable			5,802	5,523

The aggregate payroll costs were as follows:
	2021	2020
	f	f
Staff costs during the year were:
Wages and salaries	119,323	109,442
Pension costs	2,469	1,896
	121,792	111,338

14 Auditors' remuneration
	2021	2020
	f	f
Audit ofthe financial statements	14,142	14,343
Other fees to auditors
All other non-audit services	1,370	1,410

16 Tangible fixed assets
		Furniture
	Land and	and	Motor	Computer
	buildings f	equipment f	vehicles f	equipment f	Total
Cost
At 1January 2021	3,725,062	96,817	108,590	78,575	4,009,044
Additions			19,380	762	20,142
Disposals			(6,320)		(6,320)
At 31December 2021	3,725,062	96,817	121,650	79,337	4,022,866
Depreciation
At 1January 2021	615,943	79,972	73,615	71,452	840,982
Charge for the year	62,100	3,370	13,091	1,972	80,533
Eliminated on disposals			(4,321)		(4,321)
At 31December 2021	678,043	83,342	82,385	73,424	917,194
Net book value
At 31December 2021	3,047,019	13,475	39,265	5,913	3,105,672
At 31December 2020	3,109,119	16,845	34,975	7,123	3,168,062

2021	2020
	f
1,684	5,633
32,014	30,145
42,063	34,018
2,052	2,650
77,813	72,446
2021	2020
	f
790,032	790,033

21 Cash and c	ash equi	valents
			2021	2020
			f	f
Cash on hand			5,848	6,560
Cash at bank			1,656,514	1,675,729
			1,662,362	1,682,289
22 Creditors: amounts		falling due within one year
			2021	2020
			f	f
Trade creditors			25,502	7,746
Other taxation	and social security		362	141
Other creditors			203,324	359,608
Pension scheme creditor			150	335
Accruals			43,392	33,181
			272,730	401,011

23 Funds
									Balance at
					Balance at			Other	31
					1january	Incoming	Resources	recognised	December
					2021 f	resources f	expended f	gains/(losses) f	2021 f
Unrestricted	funds
General
Unrestricted		income Fund			10,676,000	917,649	(1,193,059)	753,611	11,154,201
Designated
Medical and		Retirement		Fund	1,697,139	33,284	(10,730)	251,952	1,971,645
Renovation		Fund			250,000				250,000
International		Members		Fund	50,000				50,000
					1,997,139	33,284	(10,730)	251,952	2,271,645
Total unrestricted			funds		12,673,139	950,933	(1,203,789)	1,005,563	13,425,846
Restricted funds
International		Projects			7,188	96,190	(28,653)		74,725
Total funds					12,680,327	1,047,123	(1,232,442)	1,005,563	13,500,571
									Balance at
					Balance at			Other	31
					1January	Incoming	Resources	recognised	December
					2020f	resources f	expended f	gains/(losses) f	2020 f
Unrestricted	funds
General
Unrestricted		income Fund			11,327,616	954,134	(1,505,135)	(100,615)	10,676,000
Designated
Medical and Retirement				Fund	1,711,311	32,131	(9,465)	(36,838)	1,697,139
Renovation		Fund			250,000				250,000
international		Members		Fund	50,000				50,000
					2,011,311	32,131	(9,465)	(36,838)	1,997,139
Total unrestricted			funds		13,338,927	986,265	(1,514,600)	(137,453)	12,673,139
Restricted
international		Projects			21,570	35,395	(49,777)		7,188
Total funds					13,360,497	1,021,660	(1,564,377)	(137,453)	12,680,327
					Page	30

					Total funds at
		Unrestricted	funds	Restricted	31December
		General	Designated	funds	2021
		f	f	f	f
Tangible	fixed assets	3,105,672			3,105,672
Fixed asset investments		6,036,298	1,971,645		8,007,943
Current	assets	2,284,961	300,000	74,725	2,659,686
Current	liabilities	(272,730)			(272,730)
Total net assets		11,154,201	2,271,645	74,725	13,500,571
					Total funds at
		Unrestricted	funds	Restricted	31December
		General f	Designated F.	funds E	2020 f
Tangible	fixed assets	3,168,062			3,168,062
Fixed asset investments		5,508,229	1,697,139		7,205,368
Current	assets	2,400,720	300,000	7,188	2,707,908
Current	liabilities	(401,011)			(401,011)
Total net assets		10,676,000	1,997,139	7,188	12,680,327

25 Analysis of net funds
				At 31
	At 1January	Financing cash	Exchange	December
	2021 f	flowsf	movement f	2021 f
Cash at bank and in hand	1,682,289	(32,549)	12,622	1,662,362
Current asset investments	790,033	(1)		790,032
Net debt	2,472,322	(32,550)	12,622	2,452,394
				At31
	At 1January	Financing cash	Exchange	December
	2020 f	fiowsf	movement f	2020 f
Cash at bank and in hand	1,889,599	(209,736)	2,426	1,682,289
Current asset investments	792,561	(2,528)		790,033
Net debt	2,682,160	(212,264)	2,426	2,472,322