| Reports | |
|---|---|
| Referenceandadministrativedetails | |
| ofthecharity,itstrusteesandadvisers | 1 |
| Trustees'report | 3 |
| Independentauditor'sreport | 26 |
| Accounts | |
|---|---|
| Consolidatedstatementof | |
| financialactivities | 31 |
| Charitystatementoffinancialactivities | 32 |
| Balancesheets | 33 |
| Statementofcashflows | 34 |
| Principalaccountingpolicies | 36 |
| Notestotheaccounts | 44 |
| Trustees | RevJamesGerrardBriodySDB |
|---|---|
| RevAnthonyFrancisFernandesSDB | |
| RevJamesRobertGardnerSDB | |
| RevSajuJohnSDB | |
| RevMartinGerardPoulsomSDB | |
| RevJakubWojciechRuszniakSDB | |
| Custodiantrustee | S.D.B.TrusteesLimited |
| Registeredoffice | SalesianProvincialOffice |
| ThornleighHouse | |
| SharpiesPark | |
| Bolton | |
| BL16PQ | |
| Telephone | 01204600720 |
| Facsimile | 01204309874 |
| Website | www.salesians.org.uk |
| CharityRegistrationNumbers | |
| EnglandandWales | 233779 |
| Scotland | SC039294 |
| Auditor | BuzzacottLLP |
| 130WoodStreet | |
| London | |
| EC2V6DL | |
| Bankers | RoyalBankofScotlandplc |
| StAnnSquareBranch | |
| StAnnStreet | |
| POBox320 | |
| Manchester | |
| M602SS |
| Investmentmanagers | RathbonesInvestmentManagementLimited |
|---|---|
| 8FinsburyCircus | |
| London | |
| EC2M7AZ | |
| AberdeenCapital | |
| BowBellsHouse | |
| 1BreadStreet | |
| London | |
| EC4M9HH | |
| CazenoveCapital | |
| Schroder&Co.Limited | |
| 1LondonWallPlace | |
| EC2Y5AU | |
| Solicitors | AddleshawGoddardLLP |
| OneStPeter'sSquare | |
| Manchester | |
| M23DE |
16th July 2022
26th July 2022
| Un- | Total | Un- | Total | ||||
|---|---|---|---|---|---|---|---|
| restricted | Restricted | funds | restricted | Restricted | funds | ||
| funds | funds | 2021 | funds | funds | 2020 | ||
| Notes | |||||||
| Income | |||||||
| Donationsandlegacies | 1 | 1,707,981 | 458,567 | 2,166,548 | 867,912 | 497,406 | 1,365,318 |
| Othertradingactivities | 2 | 45,349 | 45,349 | 30,192 | 30,192 | ||
| Investmentincomeandinterest | |||||||
| receivable | 3 | 1,271,533 | 1,271,533 | 1,161,982 | 1,161,982 | ||
| Incomefromcharitableactivities | 4 | 8,832,563 | 8,832,563 | 9,245,207 | 17,000 | 9,262,207 | |
| Otherincome: | |||||||
| .Surplusondisposals | 5 | 348,273 | 348,273 | ||||
| .CoronavirusJobRetentionScheme | |||||||
| andsimilargrants | 72,126 | 72,126 | 76,701 | 76,701 | |||
| .Othergovernmentgrants | 43,575 | 43,575 | |||||
| .Foreign exchangegains | 20,978 | 20,978 | |||||
| .Miscellaneous | 7,223 | 7,223 | 10,833 | 10,833 | |||
| Totalincome | 11,980,350 | 458,567 | 12,438,917 | 11,762,078 | 514,406 | 12,276,484 | |
| Expenditure | |||||||
| Raisingfunds | |||||||
| .Investmentmanagementcosts | 185,861 | 185,861 | 165,415 | 165,415 | |||
| .Rentalpropertyexpenses | 6,027 | 6,027 | 10,512 | 10,512 | |||
| .Interestpayable | 2,227 | 2,227 | 3,782 | 3,782 | |||
| Charitableactivities | |||||||
| .Donationsandsupportofoverseas | |||||||
| missions | 6 | 7,045 | 275,729 | 282,774 | 23,565 | 725,643 | 749,208 |
| .SalesianCollegeFarnborough | 7 | 7,641,699 | 7,641,699 | 7,857,568 | 7,857,568 | ||
| .SavioHouseRetreatCentre, | |||||||
| Bollington | 8 | 438,116 | 438,116 | 468,985 | 468,985 | ||
| .Ministryofthemembersofthe | |||||||
| Congregationandtheirsupport | 9 | 2,171,087 | - | 2,171,087 | 2,191,502 | - | 2,191,502 |
| .Publicityandpromotion | 10 | 213,640 | - | 213,640 | 281,908 | - | 281,908 |
| Otherexpenditure | 27,123 | - | 27,123 | 8,102 | - | 8,102 | |
| Totalexpenditure | 10,692,825 | 275,729 | 10,968,554 | 11,011,339 | 725,643 | 11,736,982 | |
| Netincome(expenditure)before | |||||||
| netgains(losses)oninvestments | 1,287,525 | 182,838 | 1,470,363 | 750,739 | (211,237) | 539,502 | |
| Netgains(losses)oninvestments | 17 | 4,191,260 | 4,191,260 | (150,758) | (150,758) | ||
| Netincome(expenditure) | 13 | 5,478,785 | 182,838 | 5,661,623 | 599,981 | (211,237) | 388,744 |
| Transferbetweenfunds | (318,597) | 318,597 | |||||
| Netmovementinfunds | 5,160,188 | 501,435 | 5,661,623 | 599,981 | (211,237) | 388,744 | |
| Fundsreconciliation: | |||||||
| Balancesbroughtforward | |||||||
| at1January2021 | 65,065,470 | 841,863 | 65,907,333 | 64,465,489 | 1,053,100 | 65,518,589 | |
| Balancescarriedforward | |||||||
| at31December2021 | 70,225,658 | 1,343,298 | 71,568,956 | 65,065,470 | 841,863 | 65,907,333 |
| Un- | Total | Un- | Total | ||||
|---|---|---|---|---|---|---|---|
| restricted | Restricted | funds | restricted | Restricted | funds | ||
| funds | funds | 2021 | funds | funds | 2020 | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| Income | |||||||
| Donationsandlegacies | 1 | 1,724,670 | 458,567 | 2,183,237 | 884,061 | 497,406 | 1,381,467 |
| Othertradingactivities | 2 | 45,349 | - | 45,349 | 30,192 | - | 30,192 |
| Investmentincomeandinterest | |||||||
| receivable | 3 | 1,566,090 | - | 1,566,090 | 1,424,586 | - | 1,424,586 |
| Incomefromcharitableactivities | 4 | 77,785 | 77,785 | 71,384 | - | 71,384 | |
| Otherincome: | |||||||
| .Surplusondisposals | 5 | - | - | 348,273 | - | 348,273 | |
| .CoronavirusJobRetentionScheme | |||||||
| andsimilargrants | 72,126 | - | 72,126 | 76,701 | - | 76,701 | |
| .Othergovernmentgrants | 43,575 | 43,575 | — | — | — | ||
| .Foreign exchangegains | — | — | — | 20,978 | - | 20,978 | |
| Totalincome | 3,529,595 | 458,567 | 3,988,162 | 2,856,175 | 497,406 | 3,353,581 | |
| Expenditure | |||||||
| Raisingfunds | |||||||
| .Investmentmanagementcosts | 177,728 | - | 177,728 | 159,753 | - | 159,753 | |
| .Rentalpropertyexpenses | 6,027 | - | 6,027 | 10,512 | - | 10,512 | |
| .Interestpayable | 2,227 | — | 2,227 | 3,782 | - | 3,782 | |
| Charitableactivities | |||||||
| .Donationsandsupportofoverseas | |||||||
| missions | 6 | 7,045 | 275,729 | 282,774 | 23,565 | 725,643 | 749,208 |
| .SalesianCollegeFarnborough | 7 | 47,061 | - | 47,061 | 47,061 | - | 47,061 |
| .SavioHouseRetreatCentre, | |||||||
| Bollington | 8 | 438,116 | - | 438,116 | 468,985 | - | 468,985 |
| .Ministryofthemembersofthe | |||||||
| Congregationandtheirsupport | 9 | 2,171,087 | - | 2,171,087 | 2,191,502 | 2,191,502 | |
| .Publicityandpromotion | 10 | 213,640 | - | 213,640 | 281,908 | 281,908 | |
| Otherexpenditure | 27,123 | - | 27,123 | 8,102 | - | 8,102 | |
| Totalexpenditure | 3,090,054 | 275,729 | 3,365,783 | 3,195,170 | 725,643 | 3,920,813 | |
| Netincome(expenditure)before | |||||||
| netgains(losses)oninvestments | 439,541 | 182,838 | 622,379 | (338,995) | (228,237) | (567,232) | |
| Netgains(losses)oninvestments | 17 | 4,068,929 | - | 4,068,929 | (206,438) | - | (206,438) |
| Netincome(expenditure) | 13 | 4,508,470 | 182,838 | 4,691,308 | (545,433) | (228,237) | (773,670) |
| Transferbetweenfunds | (318,597) | 318,597 |
— | — | — | — | |
| Netmovementinfunds | 4,189,873 | 501,435 | 4,691,308 | (545,433) | (228,237) | (773,670) | |
| Fundsreconciliation: | |||||||
| Balancesbroughtforward | |||||||
| at1January2021 | 58,736,234 | 807,355 | 59,543,589 | 59,281,667 | 1,035,592 | 60,317,259 | |
| Balancescarriedforward | |||||||
| at31December2021 | 62,926,107 | 1,308,790 | 64,234,897 | 58,736,234 | 807,355 | 59,543,589 |
16th July 2022
| 2021 | 2020 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cashflowsfromoperatingactivities: | |||
| Netcashprovided(usedin)byoperatingactivities | A | 525,562 | (467,594) |
| Cashflowsfrominvestingactivities: | |||
| Investmentincomeandinterestreceived | 1,271,533 | 1,161,982 | |
| Proceedsfromthedisposaloftangiblefixedassets | - | 400,000 | |
| Purchaseoftangiblefixedassets | (186,638) | (107,101) | |
| Proceedsfromthedisposalofinvestments | 19,508,874 | 7,349,949 | |
| Purchaseofinvestments | (17,685,254) | (8,765,690) | |
| Netcashprovidedbyinvestingactivities | 2,908,515 | 39,140 | |
| Cashflowsfromfinancingactivities: | |||
| Repaymentsofborrowing | (314,849) | (306,847) | |
| Netcashusedinfinancingactivities | (314,849) | (306,847) | |
| Changeincashandcashequivalentsintheyear | 3,119,228 | (735,301) | |
| Cashandcashequivalentsat1January2021 | B | 3,590,909 |
4,326,210 |
| Cashandcashequivalentsat31December2021 | B | 6,710,137 |
3,590,909 |
| Reconciliationofnetmovementinfundstonetcashprovidedby(us | edin)operat | ingactivities |
|---|---|---|
| 2021 | 2020 | |
| c | £ | |
| Netmovementinfunds(asperthestatementoffinancialactivities) | 5,661,623 | 388,744 |
| Adjustmentsfor: | ||
| Depreciationcharge | 706,281 | 712,184 |
| (Gains)lossesoninvestments | (4,191,260) | 201,118 |
| Surplusondisposaloftangiblefixedassets | — | (346,496) |
| Investmentincomeandinterestreceivable | (1,271,533) | (1,161,982) |
| Increaseinstock | (4,446) | (21,343) |
| (Increase)decreaseindebtors | (790,962) | 201,312 |
| Increase(decrease)increditors | 415,859 | (441,131) |
| Netcashprovidedby(usedin)operatingactivities | 525,562 | (467,594) |
| OtherNon- | ||||
|---|---|---|---|---|
| cash | ||||
| 2020 | CashFlows | movements | 2021 | |
| £ | £ | £ | £ | |
| Cashandcashequivalents | ||||
| Cashatbankandinhand | 2,986,184 | 1,668,898 | - | 4,655,082 |
| Cashheldbyinvestmentmanagers | 604,725 | 1,450,330 | - | 2,055,055 |
| Totalcashandcashequivalents | 3,590,909 | 3,119,228 | 6,710,137 | |
| Borrowings | ||||
| Loansduewithinoneyear | (368,348) | 314,849 | (111,722) | (165,221) |
| Loansdueaftermorethanoneyear | (111,722) | - | 111,722 | — |
| Totalborrowings | (480,070) | 314,849 | - | (165,221) |
| TotalNetDebt | 3,110,839 | 3,434,077 | - | 6,544,916 |
| Donationsandlegacie | s | |||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Salariesandpensionsof | ||||||
| individualreligiousreceived | ||||||
| underGiftAidordeedof | ||||||
| covenant | 710,273 | - | 710,273 | 755,484 | - | 755,484 |
| Legacies | 802,863 | 15,841 | 818,704 | 11,095 | 175,670 | 186,765 |
| Massofferings,stolefees | ||||||
| andclergyofferings | 58,413 | - | 58,413 | 39,340 | - | 39,340 |
| Otherdonations | 153,121 | 442,726 | 595,847 | 78,142 | 321,736 | 399,878 |
| Charitytotal | 1,724,670 | 458,567 | 2,183,237 | 884,061 | 497,406 | 1,381,467 |
| Less:Farnboroughsalaries | (16,689) | - | (16,689) | (16,149) | - | (16,149) |
| Grouptotal | 1,707,981 | 458,567 | 2,166,548 | 867,912 | 497,406 | 1,365,318 |
| Othertradingactivit | ies | |||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Publicationsales | 45,199 | - | 45,199 | 29,984 | 29,984 | |
| Otherreceipts | 150 | - | 150 | 208 | - | 208 |
| Total | 45,349 | - | 45,349 | 30,192 | - | 30,192 |
| Investmentincomean | dinterestr | eceivable | ||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| ListedonUKStock | ||||||
| Exchange | ||||||
| .UKfixedinterest | 149,973 | 149,973 | 222,151 | - | 222,151 | |
| .UKequities | 1,075,527 | 1,075,527 | 882,535 | 882,535 | ||
| .Otherinvestmentincome | 770 | 770 | 1,075 | 1,075 | ||
| 1,226,270 | 1,226,270 | 1,105,761 | 1,105,761 | |||
| Incomefrominvestment | ||||||
| property | ||||||
| .Rent | 37,251 | 37,251 | 42,522 | 42,522 | ||
| Interestreceivable | ||||||
| .Bankinterest | 3,287 | 3,287 | 12,385 | 12,385 | ||
| .Cashheldbyinvestment | ||||||
| managers | 4,725 | 4,725 | 1,314 | 1,314 | ||
| 8,012 | 8,012 | 13,699 | 13,699 | |||
| Grouptotal | 1,271,533 | -- | 1,271,533 | 1,161,982 | 1,161,982 | |
| Less:Interestreceivedby | ||||||
| SalesianCollege | ||||||
| FarnboroughLimited | (2,323) | (2,323) | (10,759) | (10,759) | ||
| Less:Dividendsreceivedby | ||||||
| SalesianCollege | ||||||
| FarnboroughLimited | (39,262) | (39,262) | (25,506) | (25,506) | ||
| Add:Interestpaidfrom | ||||||
| SalesianCollege | ||||||
| FarnboroughLimited | 2,459 | 2,459 | 4,496 | 4,496 | ||
| Add:Rentspaidfrom | ||||||
| SalesianCollege | ||||||
| FarnboroughLimited | 333,683 | 333,683 | 294,373 | 294,373 | ||
| Charitytotal | 1,566,090 | 1,566,090 | 1,424,586 | 1,424,586 |
| Un- | Total | Un- | Total | |||
|---|---|---|---|---|---|---|
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Group | £ | £ | £ | £ | £ | £ |
| SalesianCollege | ||||||
| Farnboroughfeesand | ||||||
| relatedcharges | 8,754,778 | - | 8,754,778 | 9,173,823 | 17,000 | 9,190,823 |
| Retreatcentrecommunity | ||||||
| andyouthworkincome | 77,785 | - | 77,785 | 71,384 | - | 71,384 |
| Total | 8,832,563 | - | 8,832,563 | 9,245,207 | 17,000 | 9,262,207 |
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Charity | £ | £ | £ | £ | £ | £ |
| Retreatcentrecommunity | ||||||
| andyouthworkincome | 77,785 | - | 77,785 | 71,384 | - | 71,384 |
| Surplusondisposals | ||||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Surplusondisposalof | ||||||
| tangiblefixedassets— | ||||||
| freeholdlandandbuildings | — | — | — | 348,273 | 348,273 | |
| Groupandcharitytotal | — | — | — | 348,273 | 348,273 | |
| Donationsandsupport | ofoverseasmissions | |||||
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Missionaryworkofthe | ||||||
| Congregation | ||||||
| abroad | 275,729 | 275,729 | 725,643 | 725,643 | ||
| Donationstoother | ||||||
| organisations(seebelow) | 7,045 | 7,045 | 23,565 | 23,565 | ||
| 7,045 | 275,729 | 282,774 | 23,565 | 725,643 | 749,208 |
| Duringtheyeardonation | scompris | ed: | ||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| SavioSalesianCollege | — | — | 7,500 | 7,500 | ||
| SalesianCollegeThornleigh | 3,000 | 3,000 | 4,050 | 4,050 | ||
| Otherdonationsunder | ||||||
| £1,000 | 4,045 | 4,045 | 2,015 | 2,015 | ||
| Donationstoindividuals | — | — | 10,000 | - | 10,000 | |
| 7,045 | 7,045 | 23,565 | 23,565 |
| SalesianCollegeFarnb | orough | |||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Group | £ | £ | £ | £ | £ | £ |
| Teachingcosts | 3,778,243 | 3,778,243 | 3,693,281 | 3,693,281 | ||
| Financecosts | 9,199 | 9,199 | 17,144 | 17,144 | ||
| Premises | 1,110,900 | - | 1,110,900 | 1,098,281 | 1,098,281 | |
| AdministrationoftheCollege | 2,089,650 | 2,089,650 | 2,404,081 | 2,404,081 | ||
| Marketingandpublicity | 20,589 | 20,589 | 15,806 | 15,806 | ||
| Bursariesgranted | 633,118 | 633,118 | 628,975 | 628,975 | ||
| 7,641,699 | 7,641,699 | 7,857,568 | 7,857,568 | |||
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Charity | £ | £ | £ | £ | £ | £ |
| Premises | 47,061 | - | 47,061 | 47,061 | - | 47,061 |
| SavioHouseRetreatC | entre,Bol | lington | ||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Staffcosts | 164,561 | - | 164,561 | 171,152 | - | 171,152 |
| Premises | 91,087 | - | 91,087 | 132,735 | - | 132,735 |
| Operationalcosts | 57,664 | - | 57,664 | 45,360 | - | 45,360 |
| Administrationoftheretreat | ||||||
| centre | 124,804 | - | 124,804 | 119,738 | - | 119,738 |
| Groupandcharitytotal | 438,116 | - | 438,116 | 468,985 | - | 468,985 |
| Un- | Total | Un- | Total | |||
|---|---|---|---|---|---|---|
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Staffcosts | 446,889 | - | 446,889 | 470,114 | - | 470,114 |
| Members'livingand | ||||||
| personalexpenses | 619,748 | - | 619,748 | 581,213 | - | 581,213 |
| Premises | 771,371 | - | 771,371 | 785,211 | - | 785,211 |
| Education,trainingand | ||||||
| spiritualrenewal | 72,636 | — | 72,636 | 119,699 | - | 119,699 |
| AllocationofProvincialoffice | ||||||
| overheads(note12) | 260,443 | - | 260,443 | 235,265 | - | 235,265 |
| Groupandcharitytotal | 2,171,087 | - | 2,171,087 | 2,191,502 | - | 2,191,502 |
| Publicityandpromoti | on:costso | fgoodssol | dandoth | ercosts | ||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Publicationandothercosts | 213,640 | - | 213,640 | 281,908 | - | 281,908 |
| Governancecosts | ||||||
|---|---|---|---|---|---|---|
| Un- | Total | Un- | Total | |||
| restricted | Restricted | funds | restricted | Restricted | funds | |
| funds | funds | 2021 | funds | funds | 2020 | |
| Groupandcharity | £ | £ | £ | £ | £ | £ |
| Auditor'sremuneration | 24,100 | - | 24,100 | 21,100 | - | 21,100 |
| Supportof | |||||
|---|---|---|---|---|---|
| members | |||||
| Savio | ofthe | ||||
| House | Congre- | ||||
| Retreat | gation | Publicity | |||
| Centre, | andtheir | and | Total | Basisof | |
| Bollington | ministry | promotion | 2021 | apportion- | |
| Groupandcharity | £ | £ | £ | £ | ment |
| Staffcosts | 20,893 | 66,161 | 6,964 | 94,018 | |
| Officerunningcosts | 7,870 | 24,923 | 2,623 | 35,416 | |
| Administration Travellingexpenses |
1,766 869 |
5,592 2,752 |
589 290 |
7,947 3,911 |
Per full-time |
| Professionalfees | 34,681 | 109,823 | 11,560 | 156,064 | equivalent |
| Vehicleleasing | 1,417 | 4,488 | 472 | 6,377 | employees |
| IrrecoverableVAT | 9,393 | 29,745 | 3,131 | 42,269 | |
| Governancecosts(note11) | 5,356 | 16,959 | 1,785 | 24,100 | |
| Groupandcharitytotal | 82,245 | 260,443 | 27,414 | 370,102 |
| Supportof | |||||
|---|---|---|---|---|---|
| members | |||||
| Savio | ofthe | ||||
| House | Congre- | ||||
| Retreat | gation | Publicity | |||
| Centre, | andtheir | and | Total | Basisof | |
| Bollington | ministry | promotion | 2020 | apportion- | |
| Groupandcharity | £ | £ | £ | £ | ment |
| Staffcosts | 18,724 | 53,496 | 8,024 | 80,244 | |
| Officerunningcosts | 12,673 | 36,209 | 5,431 | 54,313 | |
| Administration Travellingexpenses |
4,450 1,788 |
12,715 5,108 |
1,907 766 |
19,072 7,662 |
Per full-time |
| Professionalfees | 25,299 | 72,282 | 10,842 | 108,423 | equivalent |
| Vehicleleasing | 6,367 | 18,193 | 2,729 | 27,289 | employees |
| IrrecoverableVAT | 8,118 | 23,195 | 3,479 | 34,792 | |
| Governancecosts(note11) | 4,923 | 14,067 | 2,110 | 21,100 | |
| Group andcharitytotal | 82,342 | 235,265 | 35,288 | 352,895 |
| Netincome(expenditure)andnet Thisisstatedaftercharging: |
movementinfu | nds | ||
|---|---|---|---|---|
| Group | Group | Charity | Charity | |
| Total | Total | Total | Total | |
| 2021 | 2020 | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Staffcosts(note14) | 5,502,961 | 5,532,729 | 773,056 | 867,380 |
| Auditor'sandcomponentauditor's | ||||
| remuneration | ||||
| .Statutoryaudit—groupaccounts | 18,600 | 16,600 | 18,600 | 16,600 |
| .SalesianCollegeFarnborough | 17,824 | 10,020 | 5,500 | 4,500 |
| Depreciation | 706,281 | 712,184 | 408,205 | 408,205 |
| Operatingleaserentals | 98,864 | 67,428 | 98,864 | 67,428 |
| Staffcostsandtrustees'remuneration | ||
|---|---|---|
| 2021 | 2020 | |
| Group | £ | £ |
| Staffcostsduringtheyearwereasfollows: | ||
| Wagesandsalaries | 4,335,418 | 4,386,197 |
| Socialsecuritycosts | 435,601 | 426,877 |
| Otherpensioncosts | 731,942 | 719,655 |
| 5,502,961 | 5,532,729 | |
| 2021 | 2020 | |
| Group | £ | £ |
| Staffcostsperfunctionwereasfollows: | ||
| Publicityandpromotion | 65,739 | 79,828 |
| Youthwork | 1,849 | 66,042 |
| SalesianCollegeFarnborough | 4,729,905 | 4,665,349 |
| SavioHouseRetreatCentre,Bollington | 164,561 | 171,152 |
| SupportofthemembersoftheCongregationandtheirministry | 446,889 | 470,114 |
| Support(note12) | 94,018 | 80,244 |
| 5,502,961 | 5,532,729 | |
| 2021 | 2020 | |
| Charity | £ | £ |
| Staffcostsduringtheyearwereasfollows: | ||
| Wagesandsalaries | 676,032 | 768,111 |
| Socialsecuritycosts | 63,946 | 63,946 |
| Otherpensioncosts | 33,078 | 35,323 |
| 773,056 | 867,380 | |
| 2021 | 2020 | |
| Charity | £ | £ |
| Staffcostsperfunctionwereasfollows: | ||
| Publicityandpromotion | 65,739 | 79,828 |
| Youthwork | 1,849 | 66,042 |
| SavioHouseRetreatCentre,Bollington | 164,561 | 171,152 |
| SupportofthemembersoftheCongregationandtheirministry | 446,889 | 470,114 |
| Support(note12) | 94,018 | 80,244 |
| 773,056 | 867,380 |
| Groupandcharity | 2021 | 2020 |
|---|---|---|
| £60,000to£69,999 | 1 | - |
| £70,000to£79,999 | 2 | 2 |
| £80,000to£89,999 | 1 | 1 |
| £90,000to£99,999 | - | 1 |
| £100,000to£109,999 | 1 | - |
| Theaveragenumberofemployeesd | uringtheyearwasa | sfollows: | ||
|---|---|---|---|---|
| Group | Charity | |||
| 2021 | 2020 | 2021 | 2020 | |
| Publicationsandpromotion | 2 | 3 | 2 | 3 |
| Provisionofeducation | 100 | 100 | — | |
| RetreatCentre | 6 | 7 | 6 | 7 |
| Supportofthemembersofthe Congregation |
25 | 27 | 25 | 27 |
| 133 | 137 | 33 | 37 |
| Tangiblefixedassets | ||||
|---|---|---|---|---|
| Freehold | Computers | |||
| landand | and | Motor | ||
| buildings | equipment | vehicles | Total | |
| Group | £ | £ | £ | £ |
| Costorvaluation | ||||
| At1January2021 | 31,350,059 | 2,350,339 | 144,415 | 33,844,813 |
| Additions | (9,026) | 195,664 | - | 186,638 |
| Disposals | — | — | (13,101) | (13,101) |
| At31December2021 | 31,341,033 | 2,546,003 | 131,314 | 34,018,350 |
| Atcost | 22,185,680 | 2,546,003 | 131,314 | 24,862,997 |
| Atdeemedcost | 9,155,353 | - | - | 9,155,353 |
| 31,341,033 | 2,546,003 | 131,314 | 34,018,350 | |
| Depreciation | ||||
| At1January2021 | 5,874,528 | 2,017,102 | 143,182 | 8,034,812 |
| Chargeforyear | 591,113 | 113,935 | 1,233 | 706,281 |
| Eliminatedondisposals | - | (13,101) | (13,101) | |
| At31December2021 | 6,465,641 | 2,131,037 | 131,314 | 8,727,992 |
| Netbookvalues | ||||
| At31December2021 | 24,875,392 | 414,966 | - | 25,290,358 |
| At31December2020 | 25,475,531 | 333,237 | 1,233 | 25,810,001 |
| Freehold | |
|---|---|
| landand | |
| buildings | |
| Charity | £ |
| Costorvaluation | |
| At1January2021and31December2021 | 25,513,231 |
| Atcost | 16,357,878 |
| Atdeemedcost | 9,155,353 |
| 25,513,231 | |
| Depreciation | |
| At1January2021 | 4,658,218 |
| Chargeforyear | 408,205 |
| Eliminatedondisposals | - |
| At31December2021 | 5,066,423 |
| Netbookvalues | |
| At31December2021 | 20,446,808 |
| At31December2020 | 20,855,013 |
| At31December2021investmentscomprised: | ||
|---|---|---|
| 2021 | 2020 | |
| Groupandcharity | £ | £ |
| Freeholdinvestmentproperty(seea.below) | 2,325,000 | 2,325,000 |
| Listedinvestmentsandcashheldforre-investment(seeb.below) | ||
| .InvestecWealth&InvestmentLimited | 416,184 | 8,376,938 |
| .AberdeenCapitalLimited | 8,659,491 | |
| .BrewinDolphinLimited | 8,659,708 | |
| .CazenoveCapital | 9,406,069 | |
| RathboneInvestmentManagementLimited(charity) | 20,600,067 | 18,380,979 |
| .RathboneInvestmentManagementLimited(Salesian College | ||
| FarnboroughLimited)) | 1,028,980 | 875,196 |
| 40,110,791 | 36,292,821 | |
| Grouptotal | 42,435,791 | 38,617,821 |
| Less:RathboneInvestmentManagementLimited(SalesianCollege | ||
| FarnboroughLimited) | (1,028,980) | (875,196) |
| Charitytotal | 41,406,811 | 37,742,625 |
| a. Freeholdinvestmentproperty |
||
|---|---|---|
| 2021 | 2020 | |
| Groupandcharity | ||
| Marketvalueat1January2021and31December2021 | 2,325,000 | 2,325,000 |
| b.Listedinvestments | ||
|---|---|---|
| 2021 | 2020 | |
| Groupandcharity | £ | £ |
| Listedinvestments(InvestecWealth&InvestmentLimited) | ||
| Marketvalueat1January2021 | 8,274,319 | 8,643,656 |
| Additionsatcost | 508,215 | 2,642,128 |
| Disposalsatopeningbookvalue(realisegainsof£151,743) | (1,877,994) | (2,900,053) |
| Netunrealisedinvestmentlosses | — | (111,412) |
| InvestmentstransferredtoAberdeenCapitalLimited | (6,904,540) | — |
| Marketvalueat31December2021 | - | 8,274,319 |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 416,184 | 102,619 |
| 416,184 | 8,376,938 | |
| Costoflistedinvestmentsat31December2021 | 7,402,028 |
| 2021 | 2020 | |
|---|---|---|
| Groupandcharity | £ | £ |
| Listedinvestments(AberdeenCapitalLimited) | ||
| Marketvalueat1January2021 | — | |
| InvestmentstransferredfromInvestecWealth&InvestmentLimited | 6,904,540 | |
| Additionsatcost | 4,833,413 | |
| Disposalsatopeningbookvalue(realisedgainsof£303,257) | (3,793,445) | |
| Netunrealisedinvestmentgains | 377,174 | |
| Marketvalueat31December2021 | 8,321,682 | |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 337,809 | |
| 8,659,491 | ||
| Costoflistedinvestmentsat31December2021 | 7,754,085 |
| 2021 | 2020 | |
|---|---|---|
| Groupandcharity | £ | £ |
| Listedinvestments(BrewinDolphinLimited) | ||
| Marketvalueat1January2021 | 8,535,839 | 7,521,058 |
| Additionsatcost | 1,483,201 | 2,704,224 |
| Disposalsatopeningbookvalue(realisedgainsof£202,693) | (4,272,780) | (1,575,991) |
| Netunrealisedinvestmentlosses | - | (113,452) |
| InvestmentstransferredtoCazenoveCapital | (5,746,260) | — |
| Marketvalueat31December2021 | - | 8,535,839 |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 123,869 | |
| - | 8,659,708 | |
| Costoflistedinvestmentsat31December2021 | — | 7,732,045 |
| b.Listedinvestments(continued) | ||
|---|---|---|
| 2021 | 2020 | |
| Groupandcharity | ||
| Listedinvestments(CazenoveCapital) | ||
| Marketvalueat1January2021 | ||
| InvestmentstransferredfromBrewinDolphinLimited | 5,746,260 | |
| Additionsatcost | 8,353,393 | |
| Disposalsatopeningbookvalue(realisedgainsof£521,966) | (5,099,414) | |
| Netunrealisedinvestmentgains | 167,584 | |
| Marketvalueat31December2021 | 9,167,823 | |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 238,246 | |
| 9,406,069 | ||
| Costoflistedinvestmentsat31December2021 | 8,967,469 | |
| 2021 | 2020 | |
| Groupandcharity | £ | £ |
| Listedinvestments(RathbonesInvestmentManagementLimited | ||
| (charity)) | ||
| Marketvalueat1January2021 | 18,014,801 | 17,508,759 |
| Additions | 2,482,745 | 3,263,503 |
| Disposalsatopeningbookvalue(realisedgainsof£222,735) | (3,062,847) | (2,553,154) |
| Netunrealisedinvestmentgains(losses) | 2,121,777 | (204,307) |
| Marketvalueat31December2021 | 19,556,476 | 18,014,801 |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 1,043,591 | 366,178 |
| 20,600,067 | 18,380,979 | |
| Costoflistedinvestmentsat31December2021 | 13,675,103 | 13,723,846 |
| 2021 | 2020 | |
| Group | £ | £ |
| Listedinvestments(RathbonesInvestmentManagementLimited | ||
| (SalesianCollegeFarnboroughLimited)) | ||
| Marketvalueat1January2021 | 863,137 | 800,000 |
| Additions | 24,287 | 155,835 |
| Disposalsatopeningbookvalue(realisedlossesof£nil) | (99,305) | |
| Netunrealisedinvestmentgains | 122,331 | 6,607 |
| Marketvalueat31December2021 | 1,009,755 | 863,137 |
| Cashheldinshorttermdepositsandbyinvestmentmanagers | 19,225 | 12,059 |
| 1,028,980 | 875,196 | |
| Costoflistedinvestmentsat31December2021 | 854,584 | 825,185 |
| Group | Group | Charity | Charity | |
|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |
£ |
£ |
£ |
£ |
|
| UKequities | 19,481,250 | 16,389,360 | 18,995,370 | 15,981,817 |
| UKfixedintereststocks | 2,832,107 | 3,834,792 | 2,731,069 | 3,749,416 |
| Overseasequities | 10,732,097 | 11,507,741 | 10,398,586 | 11,270,457 |
| Overseasfixedintereststocks | 586,727 | 1,395,816 | 586,727 | 1,359,294 |
| Alternatives | 4,423,555 | 2,560,387 | 4,334,229 | 2,463,974 |
| 38,055,736 | 35,688,096 | 37,045,981 | 34,824,958 |
| Debtors:amountsreceivableaftero | neyear | |||
|---|---|---|---|---|
| Group | Charity | |||
| 2021 | 2020 | 2021 | 2020 | |
£ |
£ |
£ |
£ |
|
| AmountduefromtheRomanCatholic | ||||
| ParishofBattersea | 11,520 | 11,520 | ||
| Debtors:amountsreceivablewithin | oneyear | |||
| Group | Charity | |||
| 2021 | 2020 | 2021 | 2020 | |
£ |
£ |
£ |
£ |
|
| Educationfeesreceivable | 17,030 | 40,459 | - | - |
| Sundrydebtors | 33,678 | 76,631 | 31,320 | 73,872 |
| Prepayments | 458,701 | 146,342 | — | — |
| Legaciesreceivable | 556,505 | - | 556,505 | — |
| LoantoSalesianCollegeFarnborough | ||||
| Limited(seebelow) | — | 52,500 | 105,000 | |
| 1,065,914 | 263,432 | 640,325 | 178,872 |
| Creditors:amountsfallingduewithin | oneyear | oneyear | ||
|---|---|---|---|---|
| Group | Charity | |||
| 2021 | 2020 | 2021 | 2020 | |
£ |
£ |
£ |
£ |
|
| Educationfeespaidinadvance | 619,481 | 465,158 | — | — |
| Bankoverdraftsandloans | 111,721 | 262,348 | — | — |
| Expensecreditors | 329,793 | 146,319 | 3,568 | 8,184 |
| Taxationandsocialsecurity | 95,814 | 97,069 | — | — |
| Loaninrespecttodevelopmentoffacilities | ||||
| atSalesianCollege,Farnborough(see(a) | ||||
| below) | 52,500 | 105,000 | 52,500 | 105,000 |
| Loaninrespecttodevelopmentofthe | ||||
| communityhouse,Battersea(see(b) | ||||
| below) | 1,000 | 1,000 | 1,000 | 1,000 |
| Hirepurchaseobligations | 19,414 | — | — | — |
| Othercreditors | 334,352 | 139,392 | — | — |
| Accruals | 175,253 | 250,426 | 89,338 | 248,073 |
| 1,739,328 | 1,466,712 | 146,406 | 362,257 |
| Creditors:amountsfallingdueaf | teroneyear | |||
|---|---|---|---|---|
| Group | Charity | |||
| 2021 | 2020 | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Educationfeespaidinadvance | 179,800 | 299,475 | — | — |
| Bankoverdraftsandloans | - | 111,722 | — | — |
| Hirepurchaseobligations | 70,621 | — | — | — |
| Othercreditors | - | 10,830 | - | - |
| 250,421 | 422,027 |
| At1 | At31 | ||||
|---|---|---|---|---|---|
| January | December | ||||
| 2021 | Income | Expenditure | Transfers | 2021 | |
| £ | £ | £ | £ | £ | |
| Overseasfunds | 216,822 | 408,725 | (225,970) | 326,993 | 726,570 |
| Bursaryfunds | 34,508 | - | - | - | 34,508 |
| Developmentfunds | 36,340 | 47,342 | (49,759) | 33,923 | |
| Legacyfund | 554,193 | 2,500 | - | (8,396) | 548,297 |
| GroupTotal | 841,863 | 458,567 | (275,729) | 318,597 | 1,343,298 |
| LessBursaryFunds | |||||
| FarnboroughCollege | (34,508) | - | - | - | (34,508) |
| Charitytotal | 807,355 | 458,567 | (275,729) | 318,597 | 1,308,790 |
| At1 | At31 | ||||
| January | December | ||||
| 2020 | Income | Expenditure | Transfers | 2020 | |
| £ | £ | £ | £ | £ | |
| Overseasfunds | 550,533 | 331,792 | (665,503) | 216,822 | |
| Bursaryfunds | 17,508 | 17,000 | - | 34,508 | |
| Developmentfunds | 34,480 | 60,462 | (58,602) | 36,340 | |
| Legacyfund | 450,579 | 105,152 | (1,538) | 554,193 | |
| GroupTotal | 1,053,100 | 514,406 | (725,643) | -- | 841,863 |
| LessBursaryFunds | |||||
| FarnboroughCollege | (17,508) | (17,000) | - | - | (34,508) |
| Charitytotal | 1,035,592 | 497,406 | (725,643) | - | 807,355 |
| Designatedfunds | ||||
|---|---|---|---|---|
| At1 | At31 | |||
| January | December | |||
| 2021 | Withdrawals | Designations | 2021 | |
| £ | £ | £ | £ | |
| Ministryofthemembersofthe | ||||
| Congregationandtheirsupportand | ||||
| retirementfund | 15,000,000 | - | 15,000,000 | |
| SavioHousesupportfund | 10,000,000 | - | 10,000,000 | |
| Youthministryfund | 5,000,000 | - | - | 5,000,000 |
| SalesianCollegeFarnboroughfund | 6,329,236 | 8,925,917 | (7,955,602) | 7,299,551 |
| Grouptotal | 36,329,236 | 8,925,917 | (7,955,602) | 37,299,551 |
| Less:SalesianCollegeFarnboroughfund | (6,329,236) | (8,925,917) | 7,955,602 | (7,299,551) |
| Charitytotal | 30,000,000 | 30,000,000 | ||
| At1 | At31 | |||
| January | December | |||
| 2020 | Withdrawals | Designations | 2020 |
|
| £ | £ | £ | £ | |
| Ministryofthemembersofthe | ||||
| Congregationandtheirsupportand | ||||
| retirementfund | 15,000,000 | - | 15,000,000 | |
| SavioHousesupport fund | 10,000,000 | - | 10,000,000 | |
| Youthministryfund | 5,000,000 | - | - | 5,000,000 |
| SalesianCollegeFarnboroughfund | 5,183,822 | (8,131,187) | 9,276,601 | 6,329,236 |
| Grouptotal | 35,183,822 | (8,131,187) | 9,276,601 | 36,329,236 |
| Less:SalesianCollegeFarnboroughfund | (5,183,822) | 8,131,187 | (9,276,601) | (6,329,236) |
| Charitytotal | 30,000,000 | 30,000,000 |
| Tangiblefixedassetsfund | ||
|---|---|---|
| Total | Total | |
| 2021 | 2020 | |
| Groupandcharity | £ |
£ |
| At1January2021 | 20,855,013 | 21,231,251 |
| Netmovementinyear | (408,205) | (376,238) |
| At31December2021 | 20,446,808 | 20,855,013 |
| Analysisofnetassetsb | etweenfunds | ||||
|---|---|---|---|---|---|
| Tangible | |||||
| fixed | |||||
| General | assets | Designated | Restricted | Total | |
| fund | fund | funds | funds | 2021 | |
| Group | £ |
£ |
£ |
£ |
£ |
| Fundbalancesat31 | |||||
| December 2021are | |||||
| representedby: | |||||
| Tangiblefixedassets | - | 20,446,808 | 4,843,550 | - | 25,290,358 |
| Investments | 11,406,811 | - | 31,028,980 | - | 42,435,791 |
| Netcurrentassets | 1,072,488 | - | 1,677,442 | 1,343,298 | 4,093,228 |
| Creditors:amountsfalling | |||||
| dueafteroneyear | (250,421) | (250,421) | |||
| Totalnetassets | 12,479,299 | 20,446,808 | 37,299,551 | 1,343,298 | 71,568,956 |
| Tangible | |||||
| fixed | |||||
| General | assets | Designated | Restricted | Total | |
| fund | fund | funds | funds | 2020 | |
| Group | £ |
£ |
£ |
£ |
£ |
| Fundbalancesat31 | |||||
| December2020are | |||||
| representedby: | |||||
| Tangiblefixedassets | — | 20,855,013 | 4,954,988 | - | 25,810,001 |
| Investments | 7,742,625 | - | 30,875,196 | - | 38,617,821 |
| Netcurrentassets | 138,596 | 921,079 | 841,863 | 1,901,538 | |
| Creditors:amountsfalling | |||||
| dueafteroneyear | (422,027) | — | (422,027) | ||
| Totalnetassets | 7,881,221 | 20,855,013 | 36,329,236 | 841,863 | 65,907,333 |
| Analysisofnetassets | betweenfunds | (continued) | |||
|---|---|---|---|---|---|
| Tangible | |||||
| fixed | |||||
| General | assets | Designated | Restricted | Total | |
| fund | fund | funds | funds | 2021 | |
| Charity | £ | £ | £ | £ | £ |
| Fundbalancesat31 | |||||
| December2021are | |||||
| representedby: | |||||
| Tangiblefixedassets | - | 20,446,808 | - | - | 20,446,808 |
| Investments | 11,406,811 | - | 30,000,000 | - | 41,406,811 |
| Netcurrentassets | 1,072,488 | - | - | 1,308,790 | 2,381,278 |
| Totalnetassets | 12,479,299 | 20,446,808 | 30,000,000 | 1,308,790 | 64,234,897 |
| Tangible | |||||
|---|---|---|---|---|---|
| fixed | |||||
| General | assets | Designated | Restricted | Total | |
| fund | fund | funds | funds | 2020 | |
| Charity | £ | £ | £ | £ | £ |
| Fundbalancesat31 | |||||
| December2020are | |||||
| representedby: | |||||
| Tangiblefixedassets | — | 20,855,013 | - | 20,855,013 | |
| Investments | 7,742,625 | - | 30,000,000 | - | 37,742,625 |
| Netcurrentassets | 138,596 | - | - | 807,355 | 945,951 |
| Totalnetassets | 7,881,221 | 20,855,013 | 30,000,000 | 807,355 | 59,543,589 |
| Thetotalunrealisedgains(losses)asat31December2021c revaluationandareasfollows: |
onstitutesmo | vementson |
|---|---|---|
| 2021 | 2020 | |
| Groupandcharity | £ | £ |
| Unrealisedgainsincludedabove: | ||
| Ontangiblefixed assets* | 7,322,276 | 7,184,842 |
| Oninvestmentproperties* | 2,325,000 | 2,325,000 |
| Onlistedinvestments | 6,804,495 | 5,967,040 |
| Totalunrealisedgainsat31December2021 | 16,451,771 | 15,476,882 |
| Reconciliationofmovementsinunrealisedgains | ||
| Unrealisedgainsat1January2021 | 15,476,882 | 16,032,907 |
| Differencebetweenhistoricalcostrealisedgains/lossesonlisted | ||
| investmentsandtheactualrealisedgains/lossesthereoncalculatedon | ||
| therevaluedamounts | (1,951,411) | (6,607) |
| Unrealisedgains(losses)onlistedinvestmentsarisingintheyear | 2,788,866 | (422,564) |
| Differencebetweenthedepreciationchargebasedonhistoriccostand | ||
| thatbasedonthedeemedcost | 137,434 | (126,854) |
| Totalunrealisedgainsat31December2021 | 16,451,771 | 15,476,882 |
| 31 | 31 | |
|---|---|---|
| December | December | |
| 2021 | 2020 | |
£ |
£ |
|
| Summarybalancesheet | ||
| Tangiblefixedassets | 4,843,550 | 4,954,988 |
| Investments | 1,029,980 | 875,193 |
| Debtors | 478,089 | 273,725 |
| Cashatbankandinhand | 2,879,283 | 1,975,482 |
| Creditors:amountsfallingduewithinoneyear | (1,571,829) | (1,220,355) |
| Creditors:amountsfallingdueaftermorethanoneyear | (250,421) | (422,027) |
| Netassetsandtotalfunds | 7,408,652 | 6,437,006 |
| Year | Year | |
| ended31 | ended31 | |
| December | December | |
| 2021 | 2020 | |
£ |
£ |
|
| Summaryofthestatementoffinancialactivities | ||
| Totalincome | 8,926,247 | 9,287,608 |
| Totalexpenditure | (7,955,601) | (8,125,525) |
| Netmovementinfunds | 970,646 | 1,162,083 |
| Fundbalancesbroughtforwardat1January2021 | 6,437,006 | 5,274,923 |
| Fundbalances carriedforwardat31December2021 | 7,407,652 | 6,437,006 |
| At31December2021thegroupandcharityhad financeleasesasfollows: |
totalcommitmentsunderno | n-cancellable |
|---|---|---|
| Computer | Equipment | |
| 2021 | 2020 | |
| Group | £ | £ |
| Operatingleasecommitments: | ||
| Withinoneyear | 19,414 | |
| Withintwotofiveyears | 70,621 | |
| 90,035 |
| At31December2021thegroupandcharityha operatingleasesasfollows: |
dtotalcommitmentsundernon-cancellable | dtotalcommitmentsundernon-cancellable |
|---|---|---|
| Motorvehiclesandother | ||
| 2021 | 2020 | |
| Group | £ |
£ |
| Operatingleasecommitments: | ||
| Withinoneyear | 119,768 | 156,673 |
| Withintwotofiveyears | 116,477 | 170,654 |
| 236,245 | 327,327 | |
| Motorvehicles | ||
| 2021 | 2020 | |
| Charity | £ |
£ |
| Operatingleasecommitments: | ||
| Withinoneyear | 68,154 | 68,154 |
| Withintwotofiveyears | 38,025 | 106,179 |
| 106,179 | 174,333 |