2021-12-31-accounts

Trustees		The Reverend	The Reverend		Frederick	Hughes	Hughes
		The Reverend			Anthony	Madej
		Brother Andrew			Ferris
		Reverend Wilfred Joseph						(Appointed	22 February 2021)
		Reverend Enrico Frigerio						(Appointed	22 February 2021)
Charity number		233335
Principal address		The Friary
		St Bernards	Road
		Olton
		Solihull
		8927BL
Contact Address		Granta Lodge
		71 Graham	Road
		Malvern
		Worcestershire
		WR'i4 2JS
Auditor		Kendall Wadley			LLP
		Granta Lodge
		71 Graham	Road
		Malvern
		Worcestershire
		WR142JS
Bankers		Royal Bank	of	Scotland		Pic
		7 Market Street
		Leigh
		Lancashire
		WN7 2EE
Solicitors		Tyndallwoods		Solicitors
		29 Woodbourne			Road
		Birmingham
		B178BY
Investment	advisors	BRIWealth	Management				Pic
		BRI House
		Elm Court
		Meriden Business Park
		Meriden
		CV5 9RL

		Page
Trustees report		1-3
Statement ofTrustees	responsibilities
Independent auditor's	report	5-7
Statement offinancial	activities
Balance sheet
Statement ofcash flows		1Q
Notes to the accounts		11-21

				Unrestricted	Unrestricted	Unrestricted	Total	Unrestricted	Unrestricted	Total
				funds		funds		funds	funds
				general		designated		general	designated
				2021		2021	2021	2020	2020	2020
			Notes						R	E
Income and endowments			from:
Donations and legacies				232,098			232,098	173,640		173,640
Charitable activities				44,268			44,268	37,300		37,300
Investments				95,124			95,124	82,593		82,593
Other income				8,500			8,500	8,859		8,859
Total income				379,990			379,990	302,392		302,392
Ex enditure on:
Raising funds				35,435			35,435	32,372		32,372
Charitable activities			8	300,671			300,671	241,616		241,616
Total resources
expended				336,106			336,106	273,988		273,988
Net gains/(losses)		on
investments			12	534,208			534,208	(240,001)		(240,001)
Net
incoming/(outgoing)
resources before				578,092			578,092	(211,597)		(211,597)
transfers
Gross transfers	between
funds			13	(525,653)		525,653		205,326	(205,326)
Net movement	in	funds		52,439		525,653	578,092	(6,271)	(205,326)	(211,597)
Fund balances	at 1
January 2021				419,988		3,934,731	4,354,719	426,259	4,140,057	4,566,316
Fund balances	at	31
December 2021				472,427		4,460,384	4,932,811	419,988	3,934,731	4,354,719

				2021		2020
			Notes			f,
Fixed assets
Tangible assets			14		355,009		373,236
Investments			15		4,105,375		3,561,495
					4,460,384		3,934,731
Current assets
Debtors			17	5,145		5,752
Cash at bank and in		hand		487,834		434,923
				492,979		440,675
Creditors:	amounts	falling due within	18
one year				(20,552)		(20,687)
Net current	assets				472,427		419,988
Total assets less current liabilities					4,932,811		4,354,719
Income funds
Designated	funds				4,460,384		3,934,731
Unrestricted	funds -	general			472,427		419,988
					4,932,811		4,354,719

					2021		2020
				Notes	E
Cash flows from operating			activities
Cash absorbed by operations						(30,754)		(30,151)
Investing	activities
Purchase	oftangible fixed	assets			(1,787)		(4,307)
Additions	and disposals ofinvestments				(9,672)		(50,104)
Interest received					95,124		82,593
Net cash	generated from	investing
activities						83,665		28,182
Net cash	used in financing		activities
Net increase/(decrease)		in	cash and	cash
equivalents						52,911		(1,969)
Cash and	cash equivalents	at beginning		of year		434,923		436,892
Cash and	cash equivalents		at end of	year		487,834		434,923

				2021	2020
.Donations	and gifts			232,098	165,978
Government	funding	- Coronavirus	Job Retention Scheme		7,662
				232,098	173,640
Donations	and gifts
Chaplaincy	fees			65,067	56,566
Pensions				94,479	75,070
Other				72,552	34,342
				232,098	165,978

		Mass	StipendsSupply	Income	Christmas and	Total	Total
			and	Stole fees	Easter	2021	2020
					Offerings
			E	E	E
Charitable	activities		11,942	20,324	12,002	44,268	37,300
For the year ended 31 December		2020
Unrestricted	funds - general		11,292	14,751	11,257		37,300

		general	general
		2021	2020
			P
Income	from listed investments	95,106	82,477
Interest	receivable	18	116
		95,124	82,593

6	Other income
			general	general
			2021	2020
				P
	Other income		8,500	8,859
7	Raising funds
			2021	2020
	Investment management	fees	35,435	32,372

8	Charitable activities	Charitable activities
				2021	2020
	Staff pension costs			51,439	10,715
	Depreciation and impairment			20,014	19,736
	Priests expenses			4,285	6,483
	Provisions, clothing and		laundry	39,371	33,811
	Travelling and motor	expenses		29,323	24,783
	Telephone			4,339	3,710
	Stationery, postage and		computer consumables	4,243	5,789
	Nursing care, chemists,		dentist	6,825	4,275
	Pilgrimage and retreat expenses			12,368	9,770
	Payments to exterior	priests			667
	Staff costs - domestic wages			16,942	15,619
	Sundries			5,344	4,542
	Bank charges			528	319
	Holidays			4,102	3,885
	Appeal and regional	levy		200	429
	Insurance			3,482	3,258
	Repairs and maintenance			3,009	1,618
	General Council Rome			21,100	21,000
	Donations, gifts and	charity		1,290	4,949
	Missions			44,981	38,000
				273,185	213,358
	Share ofgovernance	costs (see note 9)		27,486	28,258
				300,671	241,616
	Analysis by fund
	Unrestricted funds -	general		300,671
				300,671
	For the year ended	31 December 2020
	Unrestricted funds -	general			241,616
					241,616

Support	co	sts
			Support	Governance	2021	2020
			costs	costs
			F	F
Accountancy				16,338	16,338	17,502
Audit				2,700	2,700	2,870
Professional		fees		8,448	8,448	7,886
				27,486	27,486	28,258
Analysed	between
Charitable	activities			27,486	27,486	28,258

The average	monthly number ofemployees during th	e year was:
		2021	2020
		Number	Number
Employment	costs	2021	2020
		F
Wages and salaries		16,942	15,619
Other pension	costs	51,439	10,715
		68,381	26,334

		2021	2020
Revaluation	ofinvestments	534,208	(240,001)

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					Listed	Cash in	Total
					investments	portfolio
	Cost or valuation
	At 1 January 2021				3,059,506	501,989	3,561,495
	Additions				832,457	(832,457)
	Valuation changes and		portfolio management	fee	534,208	(35,435)	498,773
	Cash drawn out					(50,000)	(50,000)
	Accumulated income					95,107	95,107
	Disposals				(462,319)	462,319
	At 31 December 2021				3,963,852	141,523	4,105,375
	Carrying amount
	At 31 December 2021				3,963,852	141,523	4,105,375
	At 31 December 2020				3,059,506	501,989	3,561,495
16	Financial instruments					2021	2020
	Carrying amount of	financial assets
	Instruments measured		at fair value through	profit or loss		3,963,852	3,059,506
17	Debtors
						2021	2020
	Amounts falling due		within one year:			E	F
	Prepayments and accrued income					5,145	5,752
18	Creditors: amounts	falling due within one year
						2021	2020
	Accruals and deferred		income			20,552	20,687

19	Analysis ofnet assets between	Analysis ofnet assets between	Analysis ofnet assets between	funds
		Unrestricted			Designated			Total	Unrestricted	Designated	Total
				fund		fund			fund	fund
				2021		2021		2021	2020	2020	2020
				F			f		F
	Fund balances at 31
	December 2021 are
	represented by:
	Tangible assets					355,009		355,009		373,236	373,236
	Investments					4,105,375		4,105,375		3,561,495	3,561,495
	Current assets/(liabilities)		472,427					472,427	419,988		419,988
			472,427			4,460,384		4,932,811	419,988	3,934,731	4,354,719
20	Related party transactions
	There were no disclosable related			party transactions			during the year		(2020 - none).
21	Cash generated from	operations								2021	2020f
	Surplus/(deficit) for the	year								578,092	(211,597)
	Adjustments for:
	Investment income recognised		in statement			offinancial		activities		(95,124)	(82,593)
	Fair value gains on investments									(534,208)	240,001
	Depreciation and impairment oftangible fixed assets									20,014	19,736
	Movements in working	capital:
	Decrease in debtors									607	2,280
	(Decrease)/increase in	creditors								(135)	2,022
	Cash absorbed by operations									(30,754)	(30,151)
22	Analysis ofchanges	in net funds
	The Congregation had	no debt	during the		year.