2021-12-31-accounts

		~Pa e
Legal and Administrative	Information
Report ofthe Trustees		2-5
Independent Examiners'	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		9-13

Re ortin	Accountants	Accountants	BFCD
			Chartered Accountants
			1Castlewood Avenue
			Rathmines
			Dublin 6
Bankers			HSBC
			Bank ofIreland
Solicitors	/ Corres	ondents	Wedlake Bell
			Solicitors
			52 Bedford Row
			London
			WC1R4LR
Investment	Mana	ers	Davy Stockbrokers

FORTHE YEAR ENDED	31stDECEMBER 2021
			2021	2020
Income from:		Notes	E	E
Salaries and Pensions			184,841	155,215
Mass Stipends, Stole Fees, Supply and Dues			36,883	56,315
Donations, Bequests and Legacies			89,592	3,098
Investments			11,894	13,631
Other			16,959	17,069
Total Income			340,169	245,328
Investment Management	Charges		13,822	12,508
Grants			2,000	101,791
Support Costs			308,806	314,930
Governance Costs			7,761	8,127
Total Ex enditure			332,389	437,356
Net Income/ Ex enditure	before Investments		7,780	(192,028)
Gains on Investments
Realised Gains			102,409	759
Unrealised Gains			108,935	241,985
Net Gains on Investments			211,344	242,744
Net Movement in Funds			219,124	50,716
Reconciliation offunds:
Total Funds Brought Forward			2,950,495	2,899,779
Total Funds Carried Forward			3,169,619	2,950,495

				2021	2020
			Notes	E	E
Fixed Assets
Tangible Fixed Assets				246,360	233,444
Investments				2,385,434	2,176,398
				2,631,794	2,409,842
Current Assets
Sundry Debtors				95,737	63,815
Cash at Bank and on Deposit				465,179	507,303
				560,916	571,118
Creditors:	Amounts	Falling
Due Within	One Year		10	(23,091)	(30,465)
Net Current	Assets			537,825	540,653
Total Assets	Less Current Liabilities			3,169,619	2,950,495
Funds
Unrestricted	Funds			3,169,619	2,950,495

NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS
FOR	THE YEAR ENDED 31stDECEMBER			2021
					2021	2020
2.	Other Income				E	E
	Parochial Assessment				16,758	16,758
	Sundry Income				201	311
					16,959	17,069
3.	Grants
	Vincentian Volunteers				2,000	2,000
	Irish Region —Congregation		ofthe Mission			99,791
					2,000	101,791
	Cost ofSustenance	and Maintenance		ofConfreres	92,457	100,401
	Ministry Costs				6,499	16,783
	Formation Costs				36,873	24,012
	Premises Costs				65,758	67,517
	Travel Costs				34,133	19,616
	Staff Costs				27,046	27,668
	Cemetery Expenses
	Funeral Expenses				350	4,081
	Miscellaneous Support Costs				22,070	29,532
					285,186	289,610
5.	Governance Costs
	Professional Fees				7,761	8,127
6.	Net Movement in Funds
	This is stated after charging:—
	Accountants' Remuneration				2,775	2,775
	Depreciation				9,074	1,476

No employee received emoluments	ofmore than f60,000in t	he year under	review.
	Residential
	P~ro ert	Motor
	Cost	Vehicles	Total
Cost
At 1stjanuary 2021	223,968	98,234	322,202
Additions		21,990	21,990
Disposals		(48,010)	(48,010)
At 31stDecember 2021	223,968	72,214	296,182
~De reeiation
At 1stjanuary 2021		88,758	88,758
On Disposals		(48,010)	(48,010)
Charge for the Year		9,074	9,074
At 31stDecember 2021		49,822	49,822
Net BookValues
At 31stDecember 2021	223,968	22,392	246,360
At 31stDecember 2020	223,968	9,476	233,444

					Cost/	Fair	Cost/	Fair
					Valuation	Value	Valuation	Value
9.	Investments				31/12/21	31/12/21	31/12/20	31/12/20
	Government		Securities		521,557	549,785	455,166	503,659
	Equity Securities				1,246,950	1,736,002	1,262,565	1,640,052
	Cash				99,647	99,647	32,687	32,687
					1,868,154	2,385,434	1,750,418	2,176,398
							2021	2020
10.	Creditors						6	E
	Amounts	Fallin		Due Within One Year
	Expense	Creditors					17,906	26,300
	Sundry Loans						5,185	4,165
							23,091	30,465