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|Reference|and Arhninis trative Information|and Arhninis trative Information|||||
|---|---|---|---|---|---|---|
|Charity Registration||Number:|232931||||
|Address|||The Gcnerslatc||||
||||St;Jos«ph's Convent||||
||||East Street||||
||||Littlehampmn||||
||||'irect Susces||||
||||BN176AU||||
|Reverend|Mother General (Trustee)||Sister E.hiotibs||||
|General Council (Trustees)|||Sister A. hlcLsughlin||||
||||Sister S.Rudkm||||
||||Sister B.Bowers|(appointed|28th|January 2021)|
||||Sister J Atden Close||||
||||Sistet Promodini|Ekl s(appointed||5th July 2021)|
|Provincial|Bursar||Sister A. McLaughlin||||
|Auditors|||Hudson &Co||||
||||RViston House||||
||||1 Vyi«ton Avenue||||
||||AVortbing||||
||||BN14 7CIL||||
|Solicitor|||ihfessrs. Blount Patte Kramer||||
||||29 kVe)mouth Street||||
||||London||||
||||'iV1N 4OL||||
|Bankers|||Lloyds Bank pic||||
||||1 Beach Road||||
||||Littlehsmpton||||
||||kVest Susser||||
||||BN17 5HY||||
|Financial Advisors|||hioore Kingston|Smith Financial||Advisers ltd|
||||105StPeters Strem||||
||||StAlhans||||
||||Heres.||||
||||AL1 3EJ||||
|Investment|Asset Sian|sgers|Oui!ter Cheviot||||
||||One IChtgsu0||||
||||London||||
||||XVC2B 6AN||||
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||||||Unrcstrictcd|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
||||||Fun dc|Funds||
|||||Note|2021|2020||
|Income||||||||
|Vol&mta&3 &crerne:||||||||
|1)onanons md legacies|||||17,486||11,020|
|Activi&ics in furtherance|of the|||||||
|charity's
objects:||||||||
|Feec and chargcc for residential|||and care cervicec||1,485,894|1,583,534||
|Sistrrs' salaries
and pencinnc|||||119,(&69||144,269|
|Onvcrnmcnt
Cnvid-19|rants||||119,838||0|
|Invest&r&cr&tin»unc|||||148,593||144,309|
|Sundcl. u&come|||||18,068||75,870|
|Progt nn disposal ofhlntnr vchidc|||||2,691||1,500|
|Total Income|||||1,932,239|1|960,502|
|Expenditure||||||||
|Rsiri&g Ft&nd&||||||||
|Invesrment
management|fees||||51,358||54,223|
|Cbcrirsbk npmdi rcn||||||||
|( oats ofted&cries in furtherance|||ofthe Trust's objects:|||||
|Cost ofprovid&ng
residenual||and care sen ices|||1,809,951|1,694,992||
|hiissionary
v&os and charitable|||donations:||12,819||21,497|
|Upkeep of Congreganon|||||||196,220|
|Total Expenditure|||||2,058385|1,966932||
|Net Income/(Expenditure)||befote gains/ftosses)||on investments|-126,146||-6,430|
|Net gains on investment|assets||||2,111,492||-519,496|
|Net (expenditure)/income|||||1,985,346||-525,926|
|Fund balance bn&ught
fnrucud||||||||
|Fund balance carried
fora&ard||||||||
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||||||Note|2021||2021|2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|Fixed Assets|||||||||||
|Tangible assets|||||||3,122,028|||3,167,002|
|lnvcstmcnrs|||||||7,959,685|||5,734279|
||||||||11,081,'?13|||8,901,281|
|Cuttent Assets|||||||||||
|Debtors||||||50,786|||103,717||
|Cath at bank|and in|band||||171,970|||285,427||
|||||||222,756|||389,144||
|Creditors: Amounts||falling due|||||||||
|within one year|||||||||||
|Accruais|||||||||9'?058||
|Net Current|Assets|||||||97000||9|
|Total Assets|less Current Liabilities||||||I I|I.II713|||
|Untescrfcted|Funds|and||Resenet|||||||
|Propetv?
and|Squipm«nt|||fund|||3,122,028|||3,167,002|
|Medical and Retirement|||pr'ovision||||4,000,000|||4,000,000|
|Formations
fund||||||||4nn,non||4iN, i7170|
|Accumulated|fund||||||||||
||||||||ll|.0..13||919,3|
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||||||2021|2021|2020|2020||
|---|---|---|---|---|---|---|---|---|---|
|Cashilows
from Oper~ting|ActiviYies|||||||||
|Net cash provided
by/(used|ui)|Operating|Activities|||(77,917)||82,239||
|Cahflows
from Investh)g Accivities||||||||||
|Interest received|||||148,593||144,309|||
|Purchase uf tangible
lixed assets|||||(72,910)||(47,594)|||
|Disposal offixed as)et)|||||2,f)91||1,500|||
|Disposal ofinvestments|||||2,49 7,898||1,418,809|||
|Purclnsc ofinvestments||||||||||
|Net Cash protdded
by/(used||in) Investing||Activities||||205,669||
|Net Cash proidded/(used)|in|the year||||||||
|Increase/(Decrease)
in Cash||and Cash|Equivalents|||as).||)0|'|
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|F|or t|h|e year|ended 31|stMarch|2021 (Conti|nued)||
|---|---|---|---|---|---|---|---|---|
|||||Staff||Other costs|||
|Analysis ofTotal|Resources - 2021|||80 agency||including|Total|Total|
|||||Costs|Depreciation|Support costs|2021|2020|
|||||E|||||
|Cost ofgenerating|funds|||||51,358|51,358|54,223|
|AcrivGties
in furtherance||oF|objects|1,126,750||762,393||1,912,709|
|||||1,126750|117,884|813,751|2,058,385|1966932|
|||||Staff||Other costs|||
|Analysis ofTotal|Resources - 2020|||& agency||including|Total||
|||||Costs|Depreciation|Support costs|2019||
|Cost oFgenerarin|Funds|||||54,223|54,223||
|Activities in Furd5ern5ce||of|objects|1,038498
1 038498|104,597||1,912709
'9 h,||
|Govertlallce
costs|induded||in support|cnn|||2021|2020|
|Audit Fre||||||||5000|
|Staff costs include|d2e follovdng:||||||||
|Wages and salaries|||||||1059839|9 5 35'7|
|Sucial sccunty costs
Pension costs|||||||52,801
«»0|50,921
12,220|
||||||||1,126,'750|1,038,498|
|Avcragc number ofpersons|||cmpluycd|during rhc year|was|||74|
|Tangible Fixed Assets||Furniture,|||
|---|---|---|---|---|
||Land and|Fitrings
and|Motor||
||Buildings|Equipment|Vehicle|Total|
|Cost ot Valuation|||||
|At 1st April 2020|3,993,838|1,144,699|255,347|5,393,878|
|Atldiriont n c47st/vafuarion|3,249|69,f5f3i||72,910|
|Disposals|||10,385||
|At 31sthfarch 2021||» 43|956|"6|
|Depreciation|||||
|At 1sr. April 2020
1:barge Fnr thc y«at
Disposals|1,052,061
66,760|947,681
42,93'7|227,134
8,187
~010|2,226,87G
117,884
~0|
|At 31sthlarch 2021||9
0|2
93||
|Net BookValue
At 31st hfarch 2021|070, 6|2,
—|000|3»,08|
|At 31st h'larch 2020||l97tl
0|Sl-0|3 6700-|
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|4|Fixed Asset Invesunents|||||||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Ivlarl;et value Listed invesanents|||||||||||||||||||
||At 1stAptg|||||||||||||||||5,245,985|5,872,735|
||Additions|||||||||||||||||2,821,167|1,311,555|
||Disposals proceeds|||||||||||||||||(2,497,898)|(1,418,809)|
||Net gains/gasses)|||||||||||||||||||
|||||||||||||||||||7,680,74G|5,245 985|
||Cash at Brokers|||||||||||||||||278,939|488,294|
||At 31sthatch 2021|||||||||||||||||r
H.||
||Analycis oflisted investments|||||||||||||||||||
||LIh.|||||||||||||||||3,500,747|2306494|
||Overseas|||||||||||||||||4 17948a|2,929,491|
|||||||||||||||||||,680,746|5,245 985|
||Hisniric Cost|||||||||||||||||||
||All investments
are held primtuily||||ta proidde||||an investment|||renun far the||charitl.||||||
|5|Debtors|||||||||||||||||2021|2020|
||Trade debtors|||||||||||||||||20.178|77„197|
||Prepayments
and accrued|income|||||||||||||||||26„fi201|
|6|Creditors|||||||||||||||||2021|2020|
||Othet creditors
and acctuals|||||||||||||||||||
|7|Untesnicted
Funds and|Reserves||||||Property||and||Medical and||||||||
|||||||||Equipment||||Redrement||Fonnarions|||Accumulated||Tatel|
||||||||||Fund||||Fund||Funds|||Fmid|Funds|
||||||||||||||||||||6|
||Balance at 1stApn) 2020||||||||3,167,002||||4,000,000||400,000|||1,626,365|9,1'i3,36'7|
||Net incoming resatucestb|uansfers||||||||||||||||2,030,320|I 985,346|
||Balance at 31stMarch 2021||||||||3,i 22,028||||4,000,000||400,000|||3,G56,GS5|11,17S,713|
||The property
and
equipment|||Fuivl|||Is a sum||apportioned|||at th« ihsctetion|||of|die trustees||to reflect the|amount of the|
||chmqac monei
tied up in|fixed||eaters and sri|||||not freely spendable|||||||||||
||The medical
aad retirement||care|||Fund||is a|sum|apportioned|||at the discretion|||oF the|trustees
For the medtcal cire and|||
||rctircmcnr. care ofmcmbcrs of|||thc||Cun||rcgaaun. This was||||utiliscd
rhrtiughout|||rhc lear||and|thc balance topped ta thc kvcl||
||expected
to be requrred|For|rhc||Futme|||care|of the Ststers||||in then old|age. h||will be conaoue to be ualised
over
rhe||||
||remaining
liver rif thc cldcrli||sisters||||u hen nccdcd.|||||||||||||
||The Furmauan
fund
is a|sum||aside|||at|the discrerion|||of the||trustees to provide|||funds|for|farmadan
bath|in the UI» and|
||diroughout
thc world,
particulatly||||||India. Thc Fund||||is also||apportioned|at|thc|discretion||of thc trustees|to support
thc|
||activiries ofour Sitters md the|||needs ofrhe people||||||in|india.|||||||||
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|8|Reconciliation
ofNet
Income/(Expenditure|Reconciliation
ofNet
Income/(Expenditure|to||||2020|
|---|---|---|---|---|---|---|---|
||net Cash Insow/(Outflow)|fro&n Operating|Activities|||||
||14etincume/
(expenditure)
before gains
Interest receivable|||||(126,146)
{148,593)|(6,430)
(144,3{19)|
||Dcprcciation|||||115,193|103,09?|
||8ncrease)/Decrease
in debtors|||||52,931|133,157|
||lncrcasc/(Dccrcasc)
in creditors|||||28,698||
|9|Analysis ofChanges
in Cash and Cash Equivalents|||during|the Year|2021|2020|
||Balance ar 1stAptd 2020|||||773,721|486,013|
||Nct cash intluxv/(outtlow)|||||||
||Balance at 31sthfwch
2021|||||ar|7t»|
||Summary ofCash and Cash|Equivalents||||||
||rash at bank|||||171,970|285,427|
||Cash ac brokers|||||278,939|488,294|