##
##
##
||Page|
|---|---|
|Charity Information||
|Trustee's Report||
|Auditors'
Report|13|
|Statement ofFinancial Activities for the year ended 31December 2020|16|
|Statement ofFinancial Activities for the year ended 31December 2019|17|
|Balance Sheet|18|
|Statement ofCash Flows for the year ended 31December 2020|19|
|Notes to the Accounts|20-33|
##
##
##
|Changes|in directors holding office are as follows|in directors holding office are as follows|in directors holding office are as follows|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Rt Rev Mgr Canon|G Dssey|||(resigned|19/11/20)|
|||||Very Rev Canon A Sheridan||||(resigned|16/03/21)|
|||||Mrs A Barham (resigned|||16/03/21)|||
|||||Mr GMoran (appointed||19/11/20)||||
|||||Mrs M TClark (appointed|||21/01/21)|||
|||||Dr TA Lythe (appomted|||18/02/21)|||
|||||Mr A TMcMillan|(appointed|||05/03/21)||
|FINANCIAL SECRETARY:||||Mr JA Walton||||||
|CHARITY NUMBER:||||233748||||||
|CHARITY OFFICES:||||Curial Offices||||||
|||||50a The Avenue||||||
|||||Middlesbrough||||||
|||||TS5 6QT||||||
|AUDITORS:||||Anderson
Barrowcliff LLP||||||
|||||3 Kingfisher
Court||||||
|||||Bowesfield Park||||||
|||||Stockton on Tees||||||
|||||TS183EX||||||
|||||Barclays Bank Pic||||||
|||||Unit 1||||||
|||||Central Mall||||||
|||||The Mall||||||
|||||Middlesbrough||||||
|||||TS12NR||||||
|SOLICITORS:||||Grays||||||
|||||Solicitors||||||
|||||Duncombe
Place||||||
|||||York||||||
|||||Yo12DX||||||
|KEYMANAGEMENT|||PERSONNEL:|||||||
|Chief Operating||Officer:||Rev P Warren||||||
|Financial|Secretary:|||Mr JWalton||||||
|Director|ofSchools:|||Mr KDuffy||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||0
j|0|0
o|H||C
O
01
0
0 0
co
j j|C
O
01
0
0 0
co
j j|C
O
01
0
0 0
co
j j||||O
j|I0
I
j
co|M
0|o
CO|||Co|Cl
I|co
I
'0|co
I
'0|g
I
'0||||I
C
j||'0
Coj||C
Cl
0'o
Ct|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Ct'0|geo||C|g
O|I
CC|0|'|m(|||g
Vj
m|Dc
Q
'0|&O
'0||Rm||||PD|||P||||
|||||||||||||||||||||||||||||||||IO||||
||||||||||||aa
m
mm||m
O
m
m|m
0
aj
aa|||||||ca
O|||ca
CC
ua|D
ca|aa|ca
ca||0
Cc
Ch
Vl||Ct
m|Vl
D
aa
m
m|:e0|||
||I||||||||||||||||||||||||||||||||.ejoI0|||
||E||||||w
Vi||O
m
V\|C
Vl
C|||0
m
co
m
0|m
ca
Q
m
I|CI
Ca
ca|||CC
m
a
D|0
I
co
Co
aa|Ct
m
Ct|V
ca
ca|O
ca||caD|Vl|V
Vt
I|m
'O
m|ca
CC
m
ca
I|Vc
I
CaCj0
Vl||ca|CC||||
||'0|||||||||||||||||||||||||||||||||||
|c|CC
~|||||||||ca|||||||||||0||||||ca|m|||||09|0||
|St
5|p||||||~a
Ct|||0|||||||||||||||||||||mC
CC|||||
|g|0|||||||||||||||||||||||||||||||||m|aa|
|0||||||||||||||||||||||||||||||||||C'||
|CtSg
Ct0
CI|||||||Co||Vl
ca|m
CcC
ca|CO
v
aa
0|Co
ca
o
ca|I
m|ca
I||O
m|||0
ca|ID
D
aa
m|g
0
3
ca|O
Zm
D
D
ca||Cl
CC|mca
0
o|o
m
I
m|||||3|||ca
i'
8||
||||||||||||||||||||||||||||||||m|m||50||
|||||||||||||||||||||||||||||||||||Ct||
||0|||||||||||||||||||||||||||||||||||
|||||||||||||||||||||||||||||||||Ct||||
||8|||||||||||||||||||||||||||||||||||
||Ot||||||||||||||||||||||||||||||||0|||
|||||||||||||||||||||||||||||||||A||||
||||||||||||||||||j||||||||||||||Cca|||||
||||||||||||||||0
Cl||||||||||||||||I|0||||
||||||||||||||||'6|||||||||||||||||A||||
||||||||jj||||||e~|||4|||||||||5|||'Cl||||||||
|||||||0
CI|o g
'Q '0
A3|||0|||e|g~
Ot g
5 8$ ~ICCICOO
aa
~
8'e
al
~I
0|||P%|o~g||y
0 6:)C,|||O
k||0
8
z||0
o.
p
e|~
~o
0|0
z|Fs
0
~I
e
Cl
Cl|@
O|||||
|||0||O||«I
W|«I
W|I
0||O Qo|5
0|IQO
O 0
ooo
ma,|IQO
O 0
ooo
ma,|IO
O
I
t
m|IO
O
I
t
m|||||'0|I|I
m|'0
'0|O
QI
0|I
'0
0||||O
'0|0
I
0|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||O||||||||||||||||||
|||||0||'L||O||QI|I
'0|ga
QI
O||wvC|||||I
O|||||||0|||||||
|||||||'0
Qo
j
l||w
I
A|O|O||'0|O
j|||||0
'0
Qo||||||0|j|0|CI
0'o|'o
OO|||||
||||«!||LQ|||O|O|||'0|I|||||co|||||||||||Qo|00|||
|||||||||co|Q|||O|Qt|'o||||'0||||||||||||'00|||
|o
~,
6|o
0||L|||||||||||||||||O
Qo|||||||||||jI|I|
||o||||||||||||||||||||||||||||||||
|o|||||||||||||||||||||||||||||||0||
|tll
o||||||l
co||0|||||||O
«5|||0
O
'Ql|||||Qo
Dj||||I
0||O
Qo0
j
0||b||
||||||||||||||||||||||||||||||||L||
||o||||||||||||||||||||||||||||||||
||||||||||||||||||||||||||||||||«I||
|||||||||||||||||||||||||||||||co|||
||||||||||||||||||8|||||||||||||L|||
||||||||||||||||||LO||||||||||||||||
||||||||||||||||||||||||||||||5||||
|||||||'0|||||||||||||||||||||||||||
|||||||||||QQ)||||0|||g 3|||||«j
~o||||j||L|~0 8||||
|||||||8||||IL 0,||0
800||||||||||I,|||||||||||
|||||||||C||||||||||||||0||||O|||||||
|||||||||||||||||||||||0|||||||||||
|||||||a~||||||||||3|||||||||||||Cl 3
g «o||||
##
||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes|Parochial|Curial|Totalf|Total|
|FIXEDASSETS||||||||
|Tangible fixed assets||||9,338,437|696,331|10,034,768|9,934426|
|Investments||||16,351,148|20,620,345|36,971,493|35,737,387|
|||||25689585|21316676|47886265|45671613|
|CURRENT ASSETS||||||||
|Investments|||||5,033,201|5,033,201|5,152,909|
|Debtors||||25,425|1,472,086|1,497,511|2,356,739|
|Cash at bank &in hand||||4,700,561|3,242, 152|7,942,713|5,824,291|
|||||4,725,986|9,747,439|14,473,425|13,333,939|
|CREDITORS: Amounts||Falling||||||
|Due Within
One|Year||10|(77,809)|(10,037,108)|(10,114,917)|(8,708,000)|
|NKT CURRENT ASSETS||||4,648,177|(289,669)|4458,508|4,625,939|
|TOTAL ASSETS|LESS|||||||
|CURRENT LIABILITIES||||30,337,762|21,027,007|51464,769|50497,552|
|CREDITORS: Amounts||Falling||||||
|Due After One Year|||||||(603,000)|
|||||30,337,762|21,027,007|51,364,769|49,694,552|
|PARISH LOAN ACCOUNTS||||||||
|Due to Parishes||||6,754,390|(6,754,390)|||
|Due fiom Parishes||||(4,541,309)|4,541,309|||
|NET ASSETS||||32,550,843|18,813,926|51464,769|49,694,552|
|Financed By:||||||||
|Unrestricted
funds|-unrestricted|||31,841,696|14,877,355|46,719,051|45,212,381|
||- designated|||511,521|550,000|1,061,521|907,542|
|||||32,353,217|15,427,355|47,780,572|46,119,923|
|Restricted
funds|||12|197,626|3,386,571|3,584,197|3,574,629|
||||13|32,550,843|18,813,926|51464,769|49,694,552|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|Cash flows from operating
activities:|||||||
|Net cash provided
by (used in) operating|activities||||(719,535)|(602,620)|
|Cash flows from investing
activities:|||||||
|Dividends,
interest and rents &om invesiments|||||1,438,023|1,465,850|
|Proceeds trom the sale ofproperty,
plant and equipment|||||182497||
|Purchase oftangible fixed assets|||||(335,474)|(128,445)|
|Proceeds from sale ofinvestments|||||1,019,844|1,352,070|
|Purchase ofinvestments|||||(742,548)|(6,184,034)|
|Net cash provided
by (used in) investing|activities||||1~2,142|(3,494,559)|
|Cashflows
from financing
activities|||||||
|Repayments
ofbonowings|||||||
|Change
in cash and cash equivalents
in the|reporting|period|||842,607|(4,097,179)|
|Cash and cash equivalents
at the beginning|ofthe reporting||period||4,129497|8,226,576|
|Cash and cash equivalents
at the end ofthe|reporting|period|||4,972,004|4,129,397|
|ReconciTiation ofnet incoming resources|to cash flow from operating|||activities|||
|Net income for the reporting
period (as in SOFA)|||||1,670418|3,020,162|
|Adj ustm eats for:|||||||
|Depreciation|||||176,308|180,612|
|Non cash legacy received|||||(91,933)||
|(Gains)/losses
on investments|||||(1,297,068)|(1,526,229)|
|Dividends,
interest and rent from investments|||||(1,438,023)|(1,465,850)|
|(Decrease)/increase
in creditors|||||(471,899)|(411,795)|
|Decrease/(increase)
in debtors|||||859428|(393,020)|
|Loss/(profit)
on the sale offixed assets|||||(126@66)|(6,500)|
|Net cash provided
by/ (used in) operating|activities||||(719,535)|(602,620)|
##
##
##
##
##
##
##
##
##
##
|in use|without major renovations
or improveme|nts
for the following
p|
|---|---|---|
|(a)|Unlisted
Churches|25 to 100Years|
|(b)|Cathedral
and Listed Churches|100to 200 Years|
|(c)|Presbyteries|25 to 100Years|
|(d)|Other Buildings|25 to 100Years|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Curial||||||
|---|---|---|---|---|---|
|||||Total|Total|
|||Unrestricted|Restricted|2020f|2019|
|Schools Service||283,496||283,496|259,695|
|Youth Service||34,817||34,817|22,653|
|Academy
formation &school costs||100,000||100,000|557,438|
|Bishop's &Clergy|Support|256,756|30,059|286,815|353,496|
|Services to Parishes &Chaplaincies||310,342||310442|332,576|
|Upkeep ofproperties||104,942||104,942|184,690|
|Justice &Peace||3,000||3,000|3,000|
|National
assessments||36,795||36,795|39,041|
|Finance charges||35,421||35,421|29,186|
|Support costs||358,811||358,811|327,193|
|Governance
costs||||||
|- Legal &,professional||29,764||29,764|65,097|
|- Accountancy|&taxation advice|20,000||20,000|20,000|
|- Audit Fee||16,000||16,000|16,000|
|Retired Priests Welfare Fund|||106,248|106,248|137,424|
|Priest training|||5,409|5,409|6,562|
|Special collections|||19,900|19,900|45,332|
|Lourdes Pilgrimage|||I@32|1432|165,670|
|Youth Minisny|||||8,170|
|Diocesan Events||300||300|13,992|
|Depreciation||16,636||16,636|22,005|
|Other||14,205||14/49|28,185|
|||1,621,285|162,892|1,784,177|2,637,405|
##
|Parochial||||||
|---|---|---|---|---|---|
|||||Total|Total|
|||Unrestricted|Restricted|2020|2019|
|Repairs &maintenance||936,970||936,970|904,233|
|Establishment|costs|505,507||505,507|867,978|
|Administration||242,012||242,012|338,983|
|Domestic||140,998||140,998|167,835|
|Motor &travel||56,765||56,765|117,130|
|General church|expenses|138,067||138,067|268,562|
|Clergy support||427,628||427,628|489,167|
|Schools||2,994||2,994|412|
|Donations||10,155||10,155|13,165|
|Special collections|||96,276|96,276|195,989|
|Depreciation||159,672||159,672|158,607|
|Other||41,132||41,132|67,074|
|||2,661,900|96,276|2,758,176|3,589,135|
##
##
##
##
|TRANSFERS|||||||
|---|---|---|---|---|---|---|
|||Parochial||Curial|||
|||Unrestricted|Restricted|Unrestricted|Restricted|Total|
|||f.|||||
|Parish levy||(449,795)||449,795|||
|Levy pension fund||(37,500)|||37,500||
|Capital mvested|m the||||||
|Diocese||66415||(66,215)|||
|Interest credited|to||||||
|restricted
funds||||(28,769)|28,769||
|Contributions
to/fiom|||||||
|restricted
funds||||(59,600)|59,600||
|Second collections|||(18,130)||18,130||
|Transfers to parishes||121,668||(115,889)|(5,779)||
|||(299,412)|(18,130)|179,322|138,220||
##
|TANGIBLE FIXEDAS|SETSFOR USE|BYTHK CH|ARITY|||
|---|---|---|---|---|---|
|(a)
Curial||||||
|||Freehold|Computer|||
|||Land &|&Offic|Motor||
|||Buildings|Equipment|Vehicles|Total|
|COST OR VALUATION||||||
|At 1 January 2020||1,017,534|72,946|32,194|1,122,674|
|Additions|||1,139||1,139|
|At 31December 2020||1,017,534|74,085|32,194|1,123,813|
|ACCUMULATED
DEPRECIATION||||||
|At 1 January 2020||318,809|72,656|19,381|410,846|
|Charge for the year||12,859|574|3,203|16,636|
|At 31December 2020||331,668|73,230|22484|427,482|
|NET BOOK VALUES||||||
|At 31December 2020||685,866|855|9,610|696431|
|At 31 December 2019||698,725|290|12,813|711,828|
|(b)
Parochial||||||
||||Freehold|Fixtures||
||||Land &|&||
||||Buildings|Fittings|Total|
||||f.|||
|COST OR VALUATION||||||
|At 1 January 2020|||12,849,080|759,034|13,608,114|
|Additions|||323,729|10,606|334,335|
|Disposals|||(73,776)|-|(73,776)|
|Transfer to Investment|Property||(9,330)||(9,330)|
|At 31December 2020|||13,089,703|769,640|13,859,343|
|ACCUMULATED
DEPRECIATION||||||
|At 1 January 2020|||4,022,375|363,341|4,385,716|
|Charge for the year|||149,635|10,037|159,672|
|Eliminated
on Disposal|||(17,845)|-|(17,845)|
|Transfer to Investment|Property||(6,637)||(6,637)|
|At 31December 2020|||4,147,528|373/78|4420,906|
|NET BOOK VALUES||||||
|At 31December 2020|||8,942,175|396462|9,338,437|
|At 31December 2019|||8,826,705|395,693|9422,398|
|There were no holdings
that represented
more than 5%ofthe total v|There were no holdings
that represented
more than 5%ofthe total v|alue ofinvestments.||
|---|---|---|---|
|Investment
pmperties
with a value ofK5,992,947have been pledged||as security for the|bank loan.|
|Fixed Asset Investments
-Curial||||
|||2020|2019|
|Investment
properties||14,587/42|13,183,173|
|Listed investments:
at market value||6,033,100|6,555/70|
|Investment
in subsidiary
company||2|2|
|Investment
in associated company||I|I|
|||20,620445|19,738,446|
|The Historical Cost oflisted investments|on 31December 2020 was|f10,543,900(2019:f10,689,132).||
|Summary ofinvestments||2020f|2019|
|Opening
valuation
I Janumy 2020||19,738,446|19,086,165|
|Additions||707410|5,894,386|
|Disposals||(219/17)|(1,345,570)|
|Transfer fiom tangible
fixed assets|||26/53|
|Impairment||3/39|(430,306)|
|Net gains/(losses)
during
the year||541,121|1,370,779|
|Cash transferred
to/&om Diocese net of|broker fees and dividends|||
|Received||(270462)|289,648|
|Included within
current asset investments||119,708|(5,152,909)|
|Closing valuation
31December 2020||20,620,345|19,738,446|
##
|||2020|2019|
|---|---|---|---|
|Turnover||||
|Cost ofsales||||
|Gross profit||||
|Administrative|expenses|803|1458|
|Operating
(loss)/profit||(803)|(1458)|
##
##
##
|||that offuel and power distr|ibution|to various Roman|Catholic Dioceses|Catholic Dioceses|throughout
England.||
|---|---|---|---|---|---|---|---|---|
|||A summary ofthe tradmg|results|ofInter-Diocesan|Fuel Management||Limited for the year|ended 31March|
|||2020 is given below:-|||||||
||||||||5'000||
|||Capital dt reserves|||||34||
|||Turnover|||||15,110||
|||Net profit|||||2||
|||Fixed Assets Investments|-Parochial||||||
||||||||2020|2019|
||||||||f.||
|||Investment
properties|||||16/37@45|15,998,941|
|||Listed investments|||||13,803||
||||||||16451,148|15,998,941|
||The|Historical Cost oflisted investments||on 31December|2020 was 512,620.||||
|8||CURRENT ASSETINVESTS|||||||
||||||||2020|2019|
|||Listed investments|||||5,033/01|5,152,909|
|9||DEBTORS|||||||
|||||Parochial||Curial|Total|Total|
|||||2020||2020|2020|2019|
|||Amounts
due from subsidiary|||||||
|||Undertakmgs||||683,591|683,591|682,393|
|||School loans||||413,820|413,820|476,282|
|||Trade debtors
Prepayrnents 0accrued income||||27,654
67,466|27,654
67,466|20256
1,017,776|
|||Olher debtors||25,425||279,555|304+80|160,032|
|||||25,425||1,472,086|1,497,511|2356,739|
##
##
##
|CREDITORS: AMOUNTS FALL|ING DUK WITHIN|ONE YEAR|||
|---|---|---|---|---|
||Parochial|Curial|Total|Total|
||2020|2020|2020|2019|
|Bank loans and overdrafts||3,573,559|3)573,559|1,694,894|
|Trade creditors||59,930|59,930|85,051|
|Accruals &deferred income|5,000|65,402|70,402|198,212|
|Other creditors||277,203|277403|316,102|
|DFC School Accounts||51,611|51,611|304,813|
|Other loans|72,809|5,989,040|6,061,849|6,089,040|
|Taxation and Social Security||20,363|20,363|19,888|
||77,809|10,037,108|10,114,917|8,708,000|
|CREDITORS: AMOUNTS FALLING DUE AFTER||ONE YEAR|||
||Parochial|Curial|Total|Total|
||2020|2020|2020|2019|
|Bank loans||||603,000|
|||||603,000|
##
##
|donations
and grants h
Curial|eld|on t|r|us|ts to be|applied for spec|ific purposes:-|ific purposes:-|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Movemeat
in Funds||||
|||||||Balance|Incomiag|||Balance|
|||||||31.122019
f|Resources|Expenditure
f.|Transfers
f|31.122020
f|
|Priests' Training
Fund||||||667,638|6,413|(14,431)|8,944|668494|
|Church Extension Fund||||||44,360||||44460|
|Mensal Fund||||||26,471||(19,863)|20,265|262173|
|Pickering Roman Catholic War Orp|||||hanage||||||
|Fund||||||20,473|||205|20,678|
|Lourdes Sick Fund||||||186,649|33,837|(1,232)|1,866|221,120|
|Lourdes Youth Pilgrimage||||||(I1,848)||||(11,848)|
|Catholic Child Care||||||116,000|700||1,160|117,860|
|Youth Sunday||||||16,639|||1,250|17,889|
|Retired Priests' Welfare|Fund|||||1,659,594|10,375|(106,248)|60,024|1,623,745|
|Common
Stock||||||37,598||(376)||37222|
|Lacy Fund||||||289,926||||289W6|
|Vestment
Guild||||||(1,927)||||(I„rr27)|
|Nicholas Postgate||||||3,607|70||36|3,713|
|Mike McCullagh
Memorial||Trust||Fund||61,235|213|(1,906)|612|60,154|
|Matthias
Smyth Memorial Masses||||Fund||59,817||(3,900)||55J17|
|Youth Ministry —Expansion||and|Outreach|||2,355|170|||2425|
|Levy Fund (Active Priests)||||||(5,073)|16||37,500|32,443|
|Cecil Walker Memorial|Fund|||||97,348|||973|98421|
|Hedon New Church Fund||||||9,167|||(1,694)|7,475|
|Hedon Charity Fund||||||4,085|||(4,085)||
|Papal Blessings/Papal
Awards||||||(1,908)||||(1,908)|
|Mass Stipends||||||2,710||(250)||2,460|
|Year ofFaith||||||1,435||||1,435|
|Education Resource Needs||||||6,760||||6,760|
|Peter's Pence||||||993||(2,014)|1,716|695|
|Holy Places
Lenten Alms||||||1,705
6,252||(2,745)|1,672
116|632
6~|
|Other Restricted Income||||||5,190||||5,190|
|Home Mission Sunday||||||1,789||(4,033)|2,746|502|
|Day for Life||||||1,242||(2,211)|1,197|228|
|John Hinman
Fund||||||391||||391|
|Nicholas Postgate Relics||||||1,053||||1,053|
|CESCollection||||||356||||356|
|Wycliffe Children's
Holiday||Fund||||2,000||||2,000|
|Bishop's Annual
Charity||||||5,312||(2,450)|2,600|5)462|
|Bishop's Foundation
Masses||||||||(9)||(9)|
|Young Musicians Fund||||||22,047||||22,047|
|St Williams
Community|Home|||||424||||428|
|Marriage Preparation
Consultant||||||9,525||||9,525|
|Memorial Masses —FrM Murray||||||3,000||(1,000)||2,000|
|Catholic Education
Council||||||824||||824|
|World Communications||||||741||(1,268)|774|247|
|Poor Parishes||||||18,500||(9,500)||9,000|
|Missionary
Work in Hull||||||323||||323|
|Cathedral
Silver Jubilee||||||744||||744|
|Catholic Primary
Schools Cup||||||5,178||||5,178|
|Sundry Restricted Funds||||||626||||626|
|World Youth Day||||||(4,804)||||(4,804)|
|Year ofConsecrated
Life||||||(7,097)||||(7,097)|
|Women's
Commission||||||1,220||(45)||1,175|
|Walsingham
Shrine||||||||(339)|339||
|||||||3,370,645|51,526|(173,820)|138,220|3486/71|
|Parochial||||||203,984|108,048|(96,276)|(18,130)|197,626|
##
##
##
##
##
##
##