2022-04-05-accounts

DIOCESE OF BREPItWOOD The Brentwood Roman Catholic Diocesan Trust Reglstered Charfty 234092 Annual Report 202112022

Contents DIO￿an Vision Strand One: Charlty, Justice and Social Actlon Strand Two: Christian Life and Worship strand Three: Education Strand Four: Family Strand Five: Fonnation Strand SIX: Inte8ratlon Strand Seven: Leaders io Strand Eight: Material Assets io Strand Nine: Prayer and Spirituality li Strand Ten: Priests and People li Strand Eleven: Vocation5 to the Priesthood li Strand Twelve: Young People 12 Reports Report of the Dirertor5 Qf the Corporate Trustee Independent Auditols Report 13 20 Accounts Statement of Financial Activities 23 8alance Sheet 24 Cash Flow Statement 25 Statement of Accounting Policies 26 Notes to the Accounts 31

DlIKesan Vlslon: Bulldlng On Our Past The Dlocese of Brentwood was fonnally erected in 1917. Our first bishop, Bishop Ward had a great personal devotion to Our LadVs shrine at Lourdes and Brentwood was the first diocese in England & Wales to have Our Lady of Lourdes as Its Principal Patron. His devotion to St Edmund of Abingdon lor Canterbury), led to the choice of that saint as a Secondary Patron of the new diocese ItO8ether with St Erconwald and subsequently St Ceddl. Our present Father in God is Bishop Alan Williams. a Marist Father and fornierly Rertor of the National Shrine of Our Lady at Walsin8ham. He has responsibility for a diocese of rich diversity". East End and suburbs, towns ancient and modem, seaside re50rts, rural parishe5 comprlsln8 dozens of villages, as well as schools. religious houses. and chaplaincies in hospitals, prisons and universtties. It is our prayerthat as we 8ivethanks forthe witness of past 8enerations, we also prayfor a fresh outpouring of the Holy Spirit that we may be evermore faithful to proclaimlng the Gospel of Christ. Dlocesan Ifislon: Shapln8 Our Future The Stewards of the Gospel initiative has been a period of discernment fr)r u5 as we seek the best response we can 8ive to God's love for us in an ever-changing society. Following the publication of our Di0￿san Wision: Shaping Our Future." parishes and parish partnerships took time to interpret it in their local context and submit their plans for Bishop Alan's consideration. After an inttial delaydue tothe COVID-19 pandemic, plans were put in place during 2021122 in order to relaunch the process in 2022/23. The full document can be read at htt www.dioceseofbrentwood.ne conte load 2017 Di0cese￿f-BfentW00d- Wision-Document-l. df

OUR VISION "Proclalm the Good News of Jesus Chrlst In Essex and East London" The Church in Essex and East London working bettèr and differently together to evangelise our diocese: it Is a vlsion of the people of God here and now collaborating to use our various Grace-given gifts to evangelise our diocese to the best of our combined ability with the help of God OUR OBJEcfivES Maximise the opportunities for evangelisation Maximise sacramental provision Maximise the opportunltles for puttlng falth Into actlon through charltable works OUR sfRATEGY Renewal and Restructuring IMPLEMENTATION Renewal: A 12-Strand Plan Restructuring: Parish Partnerships

Diocesan Vlslon: Our Le8al Objects can report agaln5tthe 12 Strands of Renewal. Our objects as set out in our legal constitution are -the advancement the Roman Cotholic religion in the Diocese by such meons 05 the Bishop may thlnkfft and properfor the service ond5UPPOrt whether in the Diocese or outside the Diocese of charitable works and objects promoted by the Church.- Strnnd One: Cha Artion Justlce and Soc4al CARrrAS "God s answer to the poor is ¢71woy5 0 saving ort thot heals wounds of body and soul. restores justice ond helps to live life anew in dignity. God s answer is also a summons to those who believe in him to do likewise, within the limits of whot is humonlypossible." The Vision Document: Shaping Our Future represent5 a new way for us to work together for the advancement of the Roman Catholic religion in our Diocese. It commit5 US to focusin8 on restrurturing ourselves and renewing ourselves, 50 that in turn we may best prodaim the Good News of Jesus Chrlst. Since launching on the Thvorld Day of the Poorf, November 2018, Caritas D￿cese of Brentbvood has become establlshed within the Diocese. Restructurfn8 Our restructuringtakes the form of placing 86 of our 87 parishes in 21 Parish Partnerships. These partnerships consist of people working togetherwith the help of God to achieve a common goal. Thu5. our Parish Partnerships are intended to attlvely work together to achieve renewal. The Cathedral parish stands alone to best allow it to be the mother church and beacon for our whole Dlocese. A full time Diocesan Caritas Co-ordinator was in post by Aprll 21. the costs being met by le8acyfundin& The initial priority was communication, developlng a strong soclal and dlgital media presence, and regularly communicating with parishes in order to enable the publicity and support of the manysocial Action projects happenin8 across Ihe Diocese and beyond. The work of the parishes and the parish partnerships has been supported during the year by the Director of Development, and all the other vicariates and their respective executive departments. Redesigned Internal structures which better align with the vision, were fonnally put in place in 2020121. 'caritas diocese i)f brenttvood In October 2021 we launched 'Loudato Si, Invitations. Commltments ondActlons'. our response to the heartfelt plea from Pope Francis to 'L￿en to the Cry of the Earth, the Cry of the Poor,. This included the development of a Renewal Our work and our achievements are reported in the context of our Diocesan Vislon Document: Shapin8 Our Future, so that for this year and moving forward we

Laudato Si, Network- representatlves from over 20 parishes gatheringto provide updates on re￿nt events, be sustained by others and share good practise. We also joined the Southern Dioceses Environment Network which meets monthly, to discuss ways we can work towards the long term task of 5tabilising our dimate and protectlng our common home. exercise of the ministry of charity all take place in our parishes. Furthermore, en8a8ement wlth society, the pastoral care of, and service to, the Roman Catholic, and the broader comrnunity within our diocese, the provision, maintenance and upkeep of places of worship and, of course, prayer are largely undertaken by parishioners, priests and deacons in our parishes. In most cases, P3ri5hes are in the pastoral are of diocesan prlests and In several cases, the parishes are in the pastoral care of priests from Religious Orders or The Personal Ordlnarlate of 0￿r Lady of Walslngham. All our parishes are supported by an administration, referred to as the -Curia", which Is or8anised into Wicariates SUPPOrted in turn by an executive made up of paid lay people. We continued to champlon the Real Livln8 Wage, ensurin8 that thls Is the minimum paid (since 20181 to every employee in the Diocese. We launched further Community Sponsorship projects in Essex in order to supportthe settlement of refugees in our communities. We continue work with our Charities within the Di0￿e of Brentwood Strand Two: Chrlstian Life and Wor5hl The celebmtion of the Euchorlst is the source and summlt of ourfoith, ondso oll other liturgiesflowfrom ond to the celebmtion of Mass Our Diocese consists of 87 parishes. The number has reduced in recent years, and we anticipate that as Parish Partnerships evolve the number will further reduce. Each Sunday an average of 26,117 people {15,284 last year), attended seryice5. Attendance had started to recover from the previous year. which was severely impacted by the COVID restrictions in place, but has not recovered to pre- The sacramental celebrations and other religious services. prodaiming the Gospel,

pandemlc levels. During 2021, with the help and support of our parish priests and catechists, 1894 people (748 in the previous yearl were either baptised or received into the Church- back almostto pre-pandemic levels. By the end of the year school visits and face to face meetings were approaching prfrCOVID levels, and the typ,e of support provided to schools has become more bespoke In nature as we respond to specific needs and evolving circum5tance5. School inspection5 restarted after Febnjary 22 half tenn. With our Llturgy Office, our Chancery Offlce is involved with the administratlon side of the Rrte of Chrlstlan Initiation of Adults programme, the reception of hundreds of people, from across the Diocese, who have followed the "Journey of Faith., and wish to be received into the Catholic Church. Mentor support has continued to be provided for each new headteacher under the newly established Headteather programme. We continued to work closely with the Catholic Education Seniice {CESI, Department for Education IDfE), Ofsted, Teaching Unions and the Regional Schools Commissioner (RSC) as well as relevant Local Authorities. As a religious authority. specific responsibilities remain in relation to the essential function5 around Governance. Admissions. Reserved posts, RE and Collective Worship. During the year, our parishes raised over £78,OQK) to support intemational causes, including natural disasters and overseas mission work, a significant increase when compared to the previous year. Parish volunteers contributed countless hours of work to good cause5 both within and beyond our diocese. Strand Three: Educatlon We've establlshed a regular communlcations Ilnk with schools and Advisers to ensure that all relevant information recelved from the CES and other sources is disseminated on a timely basis. This has been greatly appreciated by sthool leaders. 5upportlng Cathollcschoojs to provide excellent educt7tion where pupilsflounsh and Chnst is made known to oll. During the yearwe further developed our online training program, and atthe same tlme Increased our face to fate training offerings. We have 3150 worked collaboratively with other Dioceses to deltver online trainin8 resources. We continued to develop resources for schools, making those resources accessible via the website. Our Racial Justice Conference was attended by over 100 participants, and a Racial Justice Workin8 Group was established. The prlme focus for the work of BDES is in securin& preserving and developing Catholic education into the future, as well as supportln8 schools when dlfficultles have arisen, where schools have experienced decline or tum)oil and where schools have become more vulnerable. Our work 15 summed up in our mI￿10n Statement; -supporting Cotholic schoots to provide excellent education where pupi15flourish and Chnst 15 made known to all."

Six Catholic Multl Academy Trusts (MATS) now exist in our Diocese. They operate under distinctly Catholic names (Rosary Trust, Assisi Catholic Trust, ChristUS Cathollc Trust, Good Shepherd Catholic Trust, Our Lady of Grace Catholic Trust and Our Lady of Fatima Tru5tl. This approach remains the preferred structure for Catholic schools within the Diocese of Brentwood. Currently there are fifty-three Academles out of a total of ei8hty-two state maintained primary and secondary schools, with the balance beingvoluntary Aided Catholic schools. There are eight .iDdependent schools. As a department of the Vlcarlate for Adult Formation, our mission 15 to proclaim the good news of God's love. revealed in special waythrou8h the love of husband and wife, and the love for their children. Recognisin8 that family lrfe brin8s many challenges and is often undemiined bythe values of the contemporary world, the church has a special dutyto accompany our families and offer whatever support Is needed. Anna Mccormick, our part time projert worker works alongside Fr Matthew Bemand-Qure5hi is the Diocesan Director and Chaplain. provide guidance and support in thi5 area. Catholic Social Teachin8 and our commltmentto it underplns our commitment to employee rights, school standards and partnership with various local authorities. Where ongoing 5UPPOrt is required, couples are introduced to other appropriate organisations such as Marriage Care or Retrouvaille, or thelr own parish. ADMISSIONS Admissions remained an area of on-going work. We continued to support our schools through group trainin8 Sessions and individual advice and guidance. Durlngthe period our online and social media presence was further developed, which was of increased Importance due to the pandemlc. This provided a means of sharing resources and idea5, not only for parishes but for couples and families themselves. SCHOOL GOVERNANCE Governance Is an area of key Importance to our Diocese and continued to represent an opportunity for lay people to tskÈ on leadership role5. On a very practical level, our Chancery Office processes marriage papers for marriages taklng place Inslde and outside the Diocese, and supported a signlflcant increase in the process of marriage papers when compared to the previous year: 45 (last year 26) sets of marria8e papers for marriages tskin8 place outside the Diocese, mostly overseas. 66 (last year 13) sets of marria8e papers where one party belonged to another religion. Training opportunities became increasingly accessible for governors via on-line provision Including our Gl￿-ED App. Strand Four: Faml Supportfor marrioge ondfomily is o crucial port of the Church's ministry. and of great importancefor society as o whole.

56 {last year 3) sets of papers, where one party had not been baptized: 951last year 261 set5 of marriage papers for Catholics wishin8 to convalidate their ciwl marriage in the Catholic Church. During our discemment process leadin8 up to our vision, we committed to making the process of faith formation for catechists and youth leaders more ac￿SsIble than ever before by harnessing the power of digital medla. Therefore, this course is taught through short, engaging videos with expert interviews on a custom-built website, complete with online questionnaires and journaling for a55essment purp05e5. Although the number of marrlages has Increased from the previous year, we expect a further increase in the future due to the number of postponements In 2020 and 2021. The Vicariate for Adult Fonnatlon Is led by Fr Martin Boland. The Vicariate aims to provide a variety of resource5 and support forthose lay men and women who wish to develop a more mature understanding of their Catholic Faith and to deepen their relationship with Christ though a life of prayer and service. Inspired by the Holy Splrit. it is hoped that lay men and women will find ways to grow in confidence as disciples and be better witness to the thurch's mission of hope. In addltion, the v•ork of the Chancery enabled people to marry in Churches of other denominations, but wrth the ne￿sSary dispensationsto allow the marriages to be recognised as valid by the Catholic Church. Strand Fwe: Formation Formotion is t7 life-long process ollistening to whot the Holy Spirlt is calllng u5 to be and to do A dedicated website wa5 launched in June 21. To support our catechists, The Bishop's Certificate in Catechesis and Youth Ministry is a yearlong course of 12 modules, covering different aspects of faith and thurch teachin& as well as practical skills in Youth Ministry. It is an entry-level qualification to help in the ongoing formation of adults who are Involved in sacramental preparation or youth ministry in our Diocese. It includes development of prartical skills and the deepenlng of theologlcal knowledge. A cohort of 19 catechists from 15 parishes embarked on the course during the year. The development of the course was a three year project, and has already been purchased by other Dioceses. We see the course as ideal preparation and training for the recently instituted 'Ministry of Catechisy https:l/thresholdsofhope.co.ukl Strand SIX: Int ratlon Moke Sure that every person of whatever background canfind in you o welcoming heort. In ourvision we seek to build on the rich dIVers￿ of people In our Diottse through a generous intlusivity. We look to work together with people of all faiths and none where the opportunity arises. INTERNATIONAL TWINNING Our Diocese 15 twinned with the Dlocese of Dundee, Kwa-zulu Natal, South Africa. Our solidarity with our fellow Catholics in Kwa-zulu Natal is demonstrated by parishes and schools in both dioceses havin8 twinned with each other. They

bulld practical relationships beyond friendship and spiritual support. Strand El ht: Materlal Assets As stewards of all that God has given to us it is our responsibility to use those gifts as well as we can. Fr Gerry, a Brentwood Di0￿e priest returned to the UK during the year after many years of dlstln8ulshed servlce in Dundee, and contlnuesto help supportthe Twinning Project. Parishes and Parish Partnerships have been looklng at their material asset5 as a whole to see how they can be best used to futfil our objectives and our Wision in their local context. Durin8 the year parishes rdlsed over £4,OCK) for the Twinning Project. Central Finance Team: Our work focussed on increased support to the parlshes, recognising that most of the work of our Diocese occurs through the parishes and that many re8ulatory burdens fall on them. Finance and Administration guidelines a￿ circulated on a regular basi5 to parish, to ensure that the most up to date 8uidance 55 avallable for Parish Prlests, parish administrators, and volunteers. Strand Seven: Leaders By right of baptism oll ore colled tofvwll their vocation a5 the people of God. During the year leaders continued to support our parishes and wider communities. School Governorship is an important role for lay people who have appropriate skills to perform. and we continue to encourage people to come forward and train. Our education team continued to support our Governors remotely during the period. During the year we offered a central payment facilty for parishes as more suppliers request payment electronicallv. Alternative methods of 8ivin8 continueto be consldered across the Diocese as the banking network continues to shrink and the process of banking cash becomes more problematic. Also. in educatlon leaders have been appolnted to be Trustees of our Catholic Multi Academy Trusts. This is a key role for people to play in the future of our chlldren and of cathollc educatlon and anyone who is interested in either of these opportunities is encouraged to contart Debbie Botham. Following the easing of restrictions, the Finance Team were able to V15it parish offices and deliver 1.1 training to new employees when requlred. The Team also provlde online trainin8 on a regular basls. The Diaconate Is a key area where leadership can be exercised in our Diocese. During the period four men were in preparation for this ministry on the Southern Diaconate Formation Programme. The Finance and Property Teams worked together to manage a project to revalue all Investment properties included In the Annual Accounts. Could ou be a deacon in our diocese?_ Brentwood Diocese diote fbrentwood.net PropertyTeam: The Property Sub- Committee has delegated responslblllty for both advising and making io

recommendations to the Board on all property matters taking account of both the clvil law of En8land and Wales and Canon Law. Representatives has been planned for 2V23. Strand Nlne: er and irltual. The PrOpertySu￿comrn[ttee met on a fflonth￿ basis throughout the year. considerln8 a number of projects induding ur8ent repairs, and more lon8terFn development projects. Our Director of Property and members of the Sub- Committee visit parishes on a regular basis to provide support and advice in respect of property issues. Ourrelotionship with God in Jesus Chnst will only continue to develop and grow if we pay attention to it. Prayers of intercession are made continuously throuthoLrt the year and during the year. www.brentwoodvocations.co.uk has many resources induding prayer5 for vocations to the priesthood, .brentwoodvocations.co.u The Diocesan Curia office5, whith were developed in the 1980s, had been identified as being in need of essential refurbishment and repair. Following the successful completion of a boiler replacement projÈtt, further planned refurbishment has been deferred. ra ers-2 strand Ten: Prlests and P We will explore new ways to recognise eoch otherfs gifts and to collaborote to bnng our vision to reolity. Health & Safety We are thankful for the priests ser4lng our Dlocese. Durlngthe year, our Cler￿ found new ways of keeping in contact wSth our parlsh communities. More masses were live streamed, and where possible, soclal media and online facilities were utilised in order to maintain contact and provide support forthe local parish communities. The Health and Safety Su&Cornmittee continued to advise the Board on matters of significance relating to the Dlocesan Health and Safety Policy and Management Plan. The ststutory inspectK)n process was relaunched during the year and the external Health and Safety consultants worked closely with the Director of Property to provide regular updates and guidance to parishes and staff. The online Health & Safety management system enables the Diocese to provide an essential resource for parishes to aC￿sS Immedlate health and safety support and 8uldance. Compulsory Safeguardin8 training now takes place for all cler￿. Planned face to fa￿ sessions had to be cancelled due to COVID-19. but a non-mandatory onllne trainin8 event was arranged at short notlce in November 21. Thls was attended by 39 der8y members. Strand Eleven: Vocations to the Priesthood The Property Office continued to roll out the new onllne Diocesan Health & Safety Management system and promote engagement across parishes. Health and Safety Training for Cleriy and Parlsh We hove continued to recognise thot our first duty to encourage vocotion5 as Catholics is to pmyfor priests and those consldering prlesthood. li

Followlng a period of limited activlty due to the COVID-19 restrittions, the volunteer tearn returned to Walslngham House In April 21. Up untll that point, the team had delivered virtual assemblies to Primary and Secondary schools, providln8 support to school staff through what had been an incredibty diallenging time. Durlng the Summer of 2021 the Diocesan Presbyterate welcomed two new priests: After completing his priestly fomation In Oscott, Fr Michael Barwlck was ordained prlest at Brentwood Cathedral on ioth July 2021 and then appointed assistant priest at Our Lady and St. George's, Walthamstow. Following two weeks of training and formation, the team started to once again run retreats at the beginning of May, and by the end of July had worked with 21 Year 6 dasses as well as Years 7 and 8 Forni groups from Fr Tony Grant completed four years of study at the Pontifical College in Rome and was ordained on 23rd July 2021 at St. Antonvs Forest Gate and was appointed a55iStant priest at St. Margarevs Canning "Town. Retreats for schools and parishes both at Walsingham House and out-reach were fully booked in the Summer of 2021. The vocations website Includes interesting nd Snsplrational vocation stories told, by our diocesan priests and some of our seminarians. These powerful witnesses were recorded Ilve as part of the holy hours to pray for vocations held throughout our diocese www.brentwoodvocatlons.co.u s-storles The stories are also available via @Brentwoodvocs Unfortunately, due to the ongoing risk of the COVID-19 pandemlc, the annual Lourdes Pilgrima8e did not take place. In ivs place we ran 'Lourdes at your local, with masses bein8 celebrated in five locations around the Diocese with over 8CM) people attending and more accessing the Masses and Morning Prayer5 online. The masses were attended by Bishop Alan and included the AnoSntlng of the Slc votation During the year, our Vocations Promotor, Fr Mark Swires held regular online enquirers meetings via %￿rn, for those interested in learning more about the priesthood the process of discernment. A sponsored sleepout was held with groups from Colchester, Lexden. Shoeburyness. Romford. Basildon and Wanstead taking part. The amount ralsed exceeded £4,CM)0. sorne of the proceed5 being distributed to Caritas homelessness charities across the Dlocese. We continue to pray for our seminarians and that many more wlll listen and respond to the call of Jesus to share in his priesthood. In November 2021 the annual Training and Resources day was held for First Holy Communion and Confirmation Catechists, with approximately 70 Catechlsts attending. Strand Twelve: Youn You too, dear young people. can be joyfvl witnesses of his love, coumgeous witnesses of his Gospel, carrying to the world a ray of his light. Young people are the fu￿re of our churth and we a￿ committed to ensure that where posslble we provTrde help and supportwherever we can.. 12

REPORT OF THE DIRECTORS OF THE CORPORATE TRUSTEE StTUrture. Governance and Management The Brentwood Roman Catholic Diocesan Trust (the Charity) was constituted by Trust Deed in 1947. It is a registered charlty, number 234092. Its objects are the advancement of the Roman Cathollc rellgion in the Diocese by such means asthe Bishop maythink fit and properforthe Servi￿ and support, whether in the Diocese or outside the Diocese, of charitable works and objects promoted by the Church. In addition, there are two separate funds which are registered as individual charitles: The Brentwood Ecclesia'stical Education Fund (BEEF)-the fund of the Dlocese which meets the cost of educating and training seminarians- is a separately constituted charity under a Trust Deed. dated 11 July 1922. and registered under number 1067745. It is accounted for as restricted fund within the Diocesan accounts. The investments of our Diocese are managed as a Pooled Fund, which is separately registered with the Chartty Commission under number 1067742. An order of the Charity Commissioners under 596{6} Charities Act 1993 permits the three charities, which have the same Trustee, to be treated as a sin8le entity for accounting purposes. Admlnlstratlon of the Charity is through the Brentsvood Roman Catholic Diocese Trustee (the Corporate Trusteel. The Brentwood Roman Catholic Diocese Trustee, a company limited by guarantee, was set up in 1948 to act as custodian trustee in relation to the Charity and the ecclesiastical trusts of the Diocese. Its company number is 450897. All parish property is in civil law held bythe Corporate Trustee, subject to the Charity Trust Deed. The acquisition or disposal of parith property therefore has to be sanctioned by the Directors of the Corporate Trustee, and all relevant documentation must be drawn up in the name of the Corporate Trustee. Dirertors of the Corporate Trustee In keeping with the Charit(s objectives. it is a requirement that candidates for Directorship are committed Roman Catholics. The power to appoint Directors 15 vested in the 8ishop of the Diocese. Where addltlonal Directors are required, the Blshop will tonsidÈr the ran8e of skills and experiente required on the Board {such as finance, investments, strategic planning etc.), and will approach individuals in the Diocese who are likely to meet these requirernents. Prospective Directors are provided with full information on the ChariWs constitution, objects and finances. Training material is made available as necessary, and Directors are encouraged to complete online training modules which have been approved by the Charity Commission. Governance of the Charity The Charity is governed by the Board of Directors of the Brentwood Roman Catholic Diocese Trustee {the "Corporate Trustee") which consists of the President of the Corporation (the Bishop of Brentwood) arKI up to fourteen other Directors. The Board. In o)nJunction with the canonical bodles estsbllshed by the BlslK)p to be his advisors and con5ultors.15 respon51ble for the development and Implementst￿n of pK)licles which ensure compllance with clvS1 legislatlon and canon law. The key wlicies are safeguaTdin& health and safety, risk management, the production of financial budgets. the exercising of financial controls through regular financial reporting. the management of Dlocesan propertles. pollces reiating to emplo￿nent and the compliance of the Charity with relevant company and charlty legislation. 13

Authority forthe management of the daY-tO￿aY bu5ine55 of the Diocese and compliance with civil legislation 15 dele8Jled by the Board to the respective departmentsl Directors and parish pr￿ in accordance with their directions. In March 2014, the Finance Board (now known as the "Board") approved revised Artides of Association for the Corporate Trustee. establishing the Bishop of Brentwood 35 the sole Member of the Corporate Trustee; the Board connot implement a decision with which the Bishop disagfee5. In December 2020, following an internal governance review. the ArtKles of Assoclatlon were further revSsed, Inter alia ￿movIng references to the 'finance Board, and replac1￿& these wtth the "Boarf. Sub4ornmlttees of the Board The Board has established a number of SulFCommittees delegating to them the conslderatlon of specific areas of importance to the Diocese and authorlslng them to make some decislons and to submlt recommendatlon5 to the main Board forapproval: Adult Fomwtion Education Finance and Administration (including Investments) Heafth & Safety Human Resources & Dpierslty Property Safeguarding Youth Ministry and Pastoral Care A separate committee (not a Sub-committee of the Board) reviews the provision of supwrt to sick and retired clergy ar)d meets on a re8ular basis. Key Management Personnel The Trustee considers that the Directors of the Corporate Trustee, together with the Director of Finance, the Director of Education, the Diocesan Safeguarding Coordinator, the Diocesan Director of Development and the Dirertor of Property, comprise the key management personnel of the Charity, in charge of directin& controllin& running and operating the Charity on a day to day basis. Salarie5 are reviewed on an annual basis by the Human Resources Team and authorised by the Board. All Directors of the Trustee gave of their time free￿, and no Dirertor received remuneration in respect of their services as Directors of the Corporate Trustee. Details of the Trustee Dirertors, expense5 are disclosed in Note 18 of the accounts. Financial Review Investment policy The Diocese follows a total return investment policy, to achieve long term capital and income growth, to provide sufficient income to support toda￿5 beneficiaries whi15t still seekin8 'real' 8rowth in capital to meet the future needs of the Charity. The Trustee Is empowered wlthln the Trust Deed to invest any monies as authorised by law for the Investment of trust monies, in 3 mannerwhich it thinksfits WTth the consent of the Bishop. The provisions of the Trustee Act 2000 apply. Under section 26 of the Charities Act 1993, an Order wa5 made by the Charity Commlsslon on 5 Decernber 1999 grantlng the Trustee power to appoint an Investment manager, and to appoint a corporate body as the Trustee's nominee to hold the investments of the Charity. The General Power of Investment in the Trustee Art 2rJx) allows Trustees to invest trust funds in any kind of investment, excludin8 land [except under certain provisionsl. in which they could invest if they were the absolute owner of those funds,. 14

Diocesan Ethlcal Pollcy for Invesiments: The Diocesan investment portfolio avoids investment in tobacco, arms, alcohol. gambling and pornography. Investment Is also to be avoided In companies which support oppressive regimes, ortrade in products which are produced by child labour or in forced labourcamps, or companies which have been involved in the exploitation or unjusttreatment of employees. Our Investrnent managers, Sarasin and Partners LLP. monitor any investments made by their Endowment Fund in companies vthich generate any revenue from the direct or indirect manufacture of pharmaceutical products, the use of which would contravene the Catholic Church's teaching on the sanctity of lrfe. Our investment managers take a pr&active approach in respett of voting on company resolutions, in orderto promote responsible long- term stewardshlp. The Sarasins Endowment Fund wlll not invest in tobacco and will also avoid investment in companies that have more than IO% of their turnover from the following: Alcohol Manufacture Armaments Gambling Pornography The Portfolio has performed better when compared to the ARC Peer Groups. Rlsk Management: The Directors of the Corporate Trustee have assessed the major risks to which the Charity is exposed and are satisfied that adequate Systems are in place to mf(*gate exposure to these risks. Risks are recorded. by department. and a RAG status applied. Attions to mltlgate the rlsks are identified and a timescale for completion assigned. The major risks are considered to be health and safety (ensuring that our buildings are maintained to an adequate standard. and policies adhered to), and pastoral {the falling number of prlests In mlnlstry). To mltigate the health and safety rlsks, a Heafth and Safety Committee meets on a regular basis to ensure that policies are being mmunicated and applied appropriately. risks are reviewed and artion taken where appropriate. Health and Safety representatives are appointed at parish level. In respect of the falling number of priests in ministry, the Diocesan Vision addresses this issue and sets out plans in order to miti8ate this risk going forward. Covld-19 Pandemic The global Coronavirus pandernit tontinued to present a number of risks to the Diocese durin8 the period, specifically those of adverse health and safety, operational and financial impacts. The safety of our clergy, employees, volunteers and parishloners has contlnued to be a priority durln8 the pandemlL The £￿ernrnent restrictions put in place in order to mitigate the impact of the pandemic led to the closure of churches for communal worship in the previous year. The resultant fall In the number of parlshloners attendin8 our churches has In turn led to a signlficant fall In cash collectlons, whlch hlstorically has represented 36% of our revenues. Although some recovery is evident during the period, the donation income continues to be adversely affetted. Demand for the use of our parish ha115 during the period had not recovered to prfrpandemic level5. Rlsk Mltigatlons A COVID-19 working group was fomied earfy in the pandemic in order to issue guidance and co- ordinate the response tothe risks presented by the pandemic. The working group included representatives from the Cler8y, Health and Safety, Finance and Safe8uardin8 teams. Throu8hout the pandemic the Blshops, Conference has continued to Issue spetific guidellnes in respect of how to Implement the latest government guidan￿. and, when churches have been allowed to open, has provided specific guidance to help Parish Priests facilitate collective worship safely. 15

The worklng group continued to meet during 2021122 and ensured that Parishes, Clergy and staff throughout the Diocese received regular communications during the pandemic from both the Covid- 19 working group and the Bishop's offKe, in order to disseminate the m05t up to date information on an ongoing basis. In parishes where onllne services had been introduced during periods of lockdown, many parishes continued these after thurches were allowed to open. allowing those parishioners who were not able to attend mass, to feel connected to those services and the communlty. The use of soclal media has continued to allow our clergy to maintain contact with parishioners. providing much needed communication and a positive impact on well-being. A central online donation plarform has been made available on the Diocesan website, allowing parishioners who would normally make cash donations. to make donations electronically. This. together with the promotion of donations by standing order, has helped to reduce the potential shortfall in donation income. Durin8the period individual parish donatlon platformswere made available to parishe5 Wishing to have an indmdual platfomi In place. The Diocese utilised the Coronavirus Job Retention Scheme. Where staff were not been able to attend work due to social distancing restrictions, and home working was not feaslble, or where work was not available, employees were furlougthed. Approxirnately 40% of the workforce was furloughed at some time duringthe pandemic. rinancial Control Policy. Our Diocese has a serie5 of financial controls and sl8nlng Ilmlts In place {in the parishes and at the Curial in order to enable the Corporate Trustee to exercise its legal dLrties: To ensure we are carrying out our purposes for the public benefft To comply with our governin8 document and the law To act in the best interests of our Diocese To manage responsibly the resources of our Diocese To attc with reasonable care and skill To ensure that we are accountable. Durin8 2021122, we revlewed the sUPPOrt we provide to parishes, and our associated controls and procedures continue to be reviewed on an on8oing basis. Publlc Benefit: The Board Members confinn that they comply with the duty in S 17 of the Charities Act 2011 to have due regard to the Charlty Commission's public benefrt 8uidance when exercising any powers or dutles to which the guidance is relevant. Detai15 of the main actNities undertaken to further the chariws purposes for the public benefrt are noted earlier in thts document. Fundrnlslng Pollcy: Our Diocese is registered with the Fundraising Regulator and is committed to the Fundraisin8 Promise. We do not use any external fundraisers. We will commit to high standards, adhering to the Fundraising Code of Practice at all times, monitoring any person that raises funds on our behaFf, and complying wlth the law as It applies to charities and fundraising. We will be clear, honest and open, in respect of what we will do with donations, how gifts Can be made or amended. and the purpose of our Charity. We will be respectful of the ri8hts and privary of any donor. We will treat donors and the public fairly and reasonably, and not accept donations from those Indlvlduals who we believe may lack the capacity to make an informed decislon 16

We wlll hold ourselves accountable and responsible, ensuring that our resour￿$ are managed responsibly and that we have a complaints procedure in pla￿. No£omplaints abo fundraising activitles were received during the year. Reserves Pollcy: Unrestricted reserves, Indudlng parochial funds. totalled £50m. Restricted and endowment funds totalled £8.9m. Central Dlocesan reseprfes are held to meet the future needs of the Diocese as a whole and absorb the Impact of any material risk. Parochlal reserrfes are held to meet the cost of fvture repair5 and Maintenan￿ or major building projects which cannot be met out of expected Income. The Dlocese considers parish funds to be designated at parish level, for parish requirements. The poliry of the Diocese Is to malntaln its reserves at a level that will provide the income necessary to assist it in implementing its future objectives, indudin8 but not Ilrnfted to the increased cost of caring forthe Slck and Retired cler￿ of the Diocese. The DiocesÈ aims to hold cash reserves of £IOm. Cash reserves as at 514122 stood at £10.6m. Due to the slze of the Diocese and the number of parishes within the Di0￿$e, the Directors feel that this is a reasonable amount to cover expenditure for the perlod of one year. Should cash reserves fall below this. depending on the projected cash flow, investments may be Ilquidated. Funds Invested, and how they will be applied Restrkted funds £7.9m The two largest funds are as follow5: The Brentwood Eccleslastlcal Education Fund (BEEF), a fvnd forthe support and training of seminarians, was valued at £4.1rn as at 5 April 2022. As at April 2022 there were six seminarians. each normally costin8 just under É50.000 p.a. Durln8 2021-2022, total gains in investments were in excess of the costs incurred by the fund. The second lar8est restrlcted fund is the Sick and Retired aergrf Fund standing at £1.88m, The Diocese is plannin8 how best to finance the support of priests due to retlre over the next 1(>15 years. Designated funds £2.6m The largest de5i8nated fund is the General Education Fund which stands at £2.3m. With the development of a new dlocesan vislon and 5trate8y for Education, the Trustee will be considerin8 how best to utillse these funds. Permanent Endowment funds £lm The largest endowment fund is the Crowhurst legary whlch stands at £0.5m - these funds are to be used to buy a suitable property for sick or retired prlests. These funds have been used to purchase propertles order to meet the housing requirements of slck and retired priests. Unrestrlcted funds held by the centre £9.6m Non-parochial unrestricted funds are invested In the Sarasln Endowment Fund Iformerly Alpha CIF for Endowments) in order to generate investment revenue whlch contributes to the work of the Curia. The fund value has increased year on year. Hnanclal Perlorinance: With refe￿nce to the statement of flnancial attivrties in the financlal statements. At Ihe end of the financial year 2021-22 diocesan funds as a whole totalled £58.9m. In¢ome has increased to £13m from £8.9m in the prior year. Donation income has stsrted to recoverfrom the effects of the COVID.19 paThJemic. There was also a £lrn gain on a land disposal. 17

As part of ihe olocesan Renéwal prncess. we are r&1￿11￿% (￿r material asts in order to decide best to V5e thèm for the fLthr Expendlttsre Increased to £11.2m fvom£lO.Sm in the prevfou5 year. The majorfty ofth?s ihcr¥se reled to the reopenlng of plac¢s Ofw0￿hIP following the COVID-19 pandemic, Parlsh Res•rves Asat SAprll 20224 parish IFxed a5setstotalkd £16.6m and free Parochlal reservos £11.2m. Plans farthe F￿￿re Our Diocesan If￿10n (on p3ge$ 3-12) detsils our plans forthe fv￿rft. srATEMENT OF Tru¥fEfs RESPONSIBILMES The Trusteè is responsible tor preparing the Trustee's ADTh￿1 Report and the financial ststement5 In accordance wlth applicable law and United Kln8dorn kcountii18 Stsndafds (Unitsd Trfjn8dom Generdlly Accepted Accountlng Practice). The law applicable to charfties In Ernd & Wales r¢qulres the Trustee to prepare flnandal ststements for each financial y￿r whi¢h give a true and lalr view of the stste of affairs of the charity and of Incomlng resour￿ and applicatlon of resour￿ otthe charity for thèt perlod. In preparln8 these.finantial statements. the Tntstee Isafy required to." 5elertsultrble accounting polldes then apply them con5iStently. ob5etve the rnetr￿d5 and principles in the chafft￿$ SORP 2019 IFRS 102}; makejudgements and ¢stimes that are reasonoble and prudEit. stste whether applcable accounting standard5 have beeft followed. 5ubSett to any rnaterfal departures disdosed and Èxplained in the financial #*ements: prepare the ftnantial ststements on the golre c"ontern basis unle55 It 15 TrnappToprfiate to presume that the charity will continue in operation. T.heTrusteÈ Is responsible for keeping proper accourtin8 ￿ordS that disclose wrth reasonable accuracy at anv time the finanual P05ftlon of the charlty and enable It to ensure thatthe financi31 statements comply wlth the Charities Att 2011. the Charities (A£counts and Report Regulations) 2CM)8 and the provision5 of the trust deed. Ft Is a150 responsible for safeguardlng the assets of tharty and knce ftsr tsking reasonable step5 forthe prevent•)n arKI detsrtiL)n of fraud and ot￿r irTe8ularitie5. Approved by the Board ofthe Corporate Tru&tee on&ufy 2023 and 5i8ned on Its behalf Director 18

Reference and administrative details of the charity, sole trustee and advisers CHPJIIIYRE6STR47IJI NUMBER 231C82 SOLETrUSTEE The Trust ISath￿l￿eted ￿the &pntwcrf)d Roman CathofK Tr0Tr5e Trustee rrru5k pOra￿-¥ o)moany •rnrrKrfed 13" Marth 1948. Company Re8lsribn p￿ap￿OFFI￿￿D PIGLSTERED (Fl￿OFTHEs￿TRvsrEE Cathetha Ho Iwave Road EwOA15&4T OIREcfoRSOFTHESOLEIRLISTEE 1knU￿ a$Menknersoftr Bowl) Chr￿￿57￿0 have Sen￿￿j￿n8the ￿.1rd ￿nCe. area5 fdbs: Rl Re¢AJan WrflamsS.M. Rt Rel Mgr Kevm Hale VG RÈV CAr￿n PatrkkJSamnb)n Ired 16t¢ember 20211 RevStepkn m￿r$ Rev f#JminKHLWarth Rty Flatyn ￿Th￿ Irw*d 17 Fe￿Ul￿2022Tr Mr PeierJothrA Mts LYD Mr MKhad L'ESt[a￿ Irewed 12 September 2021 &r lan klcAJl&erC8E Ireswied 17 Marth 2D221 K4ts Maureen Okw lapwnted Is fknber 2Q221 sthTther I￿￿d20 Mav20211 HSBCPLC Fenton Howe Chdthrd EwCM2 OPP

urvkryHtXJ5E 91 ctrorterhO￿ Street L(￿dffi ECIM 6HR AUDTrops Pri￿ Ba1￿Y Lip Tenrryx* House C￿b￿￿Se BuS￿EssP Pamers LLP I(￿51 Pwl'sChJrthryxd EC4M 8W 19

INDEPENDENT AUDITORS, REPORT TO THE TRUSTEE OF THE BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST Opinion We have audrted the financ1a.l5tatem￿ts of The Brentwood Roman Catholic Diocesan.Trust (the 'charltVI for the year ended 5 Aprll 2022 which comprise the Statement of Nnancial ArtMtie5. the Balance Sheet, the Statement of Cashflows and notes to the flnan¢ial Statements. induding significant acrountin8 policfies. The finanoal reporting framework that has been app15ed in thr p￿paratIOn is applrcable law and United ￿ngdoM At¢ountinBStandards. Includlr Flnanclal Reportln8 Stsndard 102 The Finandal Reponlng Standard applicable in the UK and Republ1¢ of Ireland (United Kln8dom Generally A￿Ptèd Accountin8 Praciicel. In our opinlon the finandal Statements: give a true and falr vlew of the state of the charitys affaSrs as at 5 April 2022. and of its incornin8 resources and appdlcatlon of resource5, indudlng its irKome al￿1 expendliure. fortheyearthen ended: have been prowty prep￿ed in acCOrdar￿ wlth Unlted Kingdom Generalty Accepted Accounting Practice.. and have been prepared in a(￿rdance with the requirements of the Charit￿5 N£t 201L BJs15 lor ¢)plnlon We ttnducted our aud(t In accordan￿ ¥Ath Intemètlonal Standards on Audlting IUKI {ISAs IUKI} and applicable law. Our responsibilities under those standard5 are further described In the Auditorfs responslbilltles for the audSt of the flnandal statements sertlon of our report. We are indepen(lent of the charity in accordarKe wtth the ethical requirements that are ielevant to our audit of the financial statements in the UK. Indudlng the FRCS Ethical Standard. and we have fulfilled our other ethical responsibilltles in accordance with these requirements. We believethat the audit evidence we have obtsined Is sufficient and appropriate to provide a basls for our oplnlon. Conduslons relatlng to 8oln8 ¢on¢em In auditing the financial ststements. we have conduded that the I￿￿tee$, use of the 8oin8 concern basis of accountin8 In the preparatlon of the financial statements is approwate. Based on the work we have Ferformed. we have not Identified any material un￿rtaIntleS relatlng to events or condFtions that, 5ndivldually or collectwely, may cast siEn5ficant doubt on the chariV5 abllty to continue as a golng concem for a period of at least twthe months from when the finanual statements are authortsed for I￿e. Our responsibilities and the respon￿bIlItIeS of the trustees wtth rÈ5pect to golng Cort￿r￿ are de5ulbed in the relevant sections of thls report. Other knlormatlon The other information comprises the information irtduded in the trustee5' annual report. other th'an the finan¢lal statements and our auditorfs report thereon. The trustees a￿ ￿sponsible for the other Infom)atron contained wthin the annual report. Our opinion on the finandal 5Litements does noi cover the other inforniation and. except to the extent otherwise exyicitly 5tsted In our report, we do not express arry fomi of assurance cc¥Kluwon thereon. Our responsibility is to read the other inforrnation and. in doing so. conslder whether the other InforMat￿n is materlalty inconslstent wrth the financial ststements OT our knovAedge obtsSnÈd In the course of the audlt or otherwise appears to be materially mlsstated. If we idenlify suth material Inconsistencies or apparent material mi55tatements, we are requlred to detemiSne whether thi5 gives rise to a maier5al misstatement in the financial statement5 thern5elves. If. based pn the work we have perforrned. we condude that there is a mwlal misststement ofthi5 other Inf0m￿tIOn, we are requlred to report that fact. We have nothing to report in thi5 regard. 20

AUDITORS, REPORTTO THETRUSTEE OF THE BRENTWOOD ROMAN INDEPENDENT CATHOLIC DIOCESAN TRUST Matter5 on whlth we we r4uirqd to byexcepuon We have nothlng to report In respect of Ihe followlng matters in relatlon to which the Charities IA¢¢ounts and Reports) Regulatlons 2008 requlre us to ￿port to you rf. in our opinion- the Informatlon gtven In the finandal statements ts inconsistent in any materlal respect wlth the trustees, report: or the charity has not kept lequate accounting records: the flnarKlal statements are not in agreement with the account1￿ records and ￿￿M5. or we have not recived all the information and explonation5 we require for our audiL Rupornlbilities of trustees As explained more lully in the trust* reswnslbilities statement in the Tru5tee< Reporl the trustees are responslble for the preparatlon of the financoal statements and for being satiSf￿d that they give a true falrvlew, and for such internal control asthetrustees determine Is nece5saryto enable thepreparation offinancial siatements that arefreefrorn matsrial misstatement, whether due to fraud or error. In preparln8 the financlal 5tstements, the Irustees are resFonsible for assessing the charitvs ability to continue as a going concern, dist105in& as appllcable, matters ￿lated to going con￿rn and using the going concern basls of accounting unle the trustees elther Intend to Ilquldate the tharity or to cease operatins. or have no realistic alternatNe but to do so. Audltorfs responslbmltles for the audltof the fin•ndal slatem We have been appointed a5 auditor under serti¢n 1443 of theCharitie5Act 2011 and report In a￿ordan￿wIth regulatbons made under settion 154 ofthatAcL Ourobj'ectives are to obtaln ￿asonableasSUranCeabDutWhetherthe finandal statementsagawhole arefreefrom materlal mlsststement. whether due to fraud or error. and t¢ issue an audltorfs report that Includes our opinion. Reasonable assurante is a high level of assurdnce, but is not a 8uarnntee that an audit conducted in accordance with ISAS IUKI wlll alway5 detect a material misstatement when li e￿$ts. Misstatements can arise from fraud or error aNI are considered material If, individualtyor in thè aggregate, they could reasonably beexpectedto infiuence the e¢onomlc decisions of users taken ffi the basis of these financial statements. Irregularitles, including fraud, are instarKes of non-comp11ar￿ with laws and regulatior￿. We desS8n pro￿dUreS in line wSth our responsibilities. outlined above. to dete¢t materrdl misstatements in respecl of irregulartties. In¢ludlng fraud. The extent to whith our procedures are capable of detecting irre8ularities, includin8 fraud is detalled below: We gained an understanding ofthe legal and re8ulatoryfrdmework appficable to the Charlty and the 5e¢tor in whlth tt operates and Considered the risk of the Charity not complying ￿th the applicabk la￿ and regulations indudin8 fraud In particular those that have a material impact on the financial statements. This in¢luded those regulation5 direcdy related to the financial statements, indud1￿ financial reportin& safeguarding and GDPR and health and safety tax legislation. In relation to the operations of the Charlty thls Induded Complian￿ with the Charibes Act 2011 and SORP 2019. The risk5 were dhscussed wlth the audit team and we remained alert to any irtdications of non-coMpf￿n￿thrQU8hOYI the audit We carried out speo.fic procedures to address the ri5k5 identrfied. These includèd the folk)wing: 21

INDEPENDENT AUDITORS, REPORT TO THE TRUSTEE OF THE BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST We reviewed Systems and procedures to identrfy potential areas of management override risk. In partlcular. we carrfed out testlng of journal entries and other adjustments for appropriatene5 We revlewed key authorisation pr(Kedure5 arKI decision maknr4g proce5se5 for any unusual or on￿ff transactions; We revlewed minutes of Trustee Board meeting5 and agreed the financial stement dtsdosures to underlylng supportln8 documentation; We have made enquSdes of management and officers of the charity regarding law5 and regulations applicable to the organisatlon: We revlewed the risk management processes aFMI procedures in plw. We have reliewed any correspondence whh the Charity Commi%sion and reviewed the Procedures In place for the report of incidents to the Trustee Board Includln8 serlous Intsdent reports of any such matter if necessary. Becausèof the inherent limttations of an audit. there ￿ a riSkthat¥￿WlII rwtdetect all iryeBvlarities. indudlngthose leadlng to a material rni55tatement in the finanual statements 0rn0rrfompllan￿ wtth regulation. This risk incmses the morethat compliance with a law or regulat5on ￿ removed from the events and transa¢tior6 refierted in the financlal statements, as we wlll be less Ilkely to become aware of the instances of non-mmpliance. The risk ￿ also greater regarding irregularities Occurring due to fraud rather than error. as fraud imiolve5 intentional concealment. forgery, collusion. omi55ion or mSsrepresentstlon. A fvrther descrlption of our re5ponslblNYes 15 available on the Nnancial Reportin8 Coundl's webslte at: htt Our-wor Audi Audit-and-assuran Standards-and uidan Standard5-and- uidanc&for- Descri This description fomis part of our auditorfs reporL Use oloyr repgrt This report is made soldy to the charl￿5 trustees, as a botty, In acwrdance with Part 4 of the Charities {Actounts and Reports) Regulatlons 2fM)8. Our audrt work has been undertaken so that we mEht stste to the Chari￿s trustees those matters we are requI￿d to statè to them in an auditorf5 report and for no other purpose. To the fullest extent perniitted by law, we do a¢¢ept or owme responsibility to anyone otherthan the charity and the charit￿5 trustee5 as a body, for our audlt work, for thi5 repofL or for the opinlons we have fom)ed. PRICE BAILEY LLP Chartered Accwntants StatLrt(ry Auditors Tennyson House. Cami¥idge Business Pk. Cambrmgge. CB4 OWZ Date= 11 September 2023 22

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF FINANCNL AcrivttlES FOR THE YEAR ENDED 5 APRIL 2022 20 Funds Fvnds Funds Funds Totsl Income from: DJ)natlons and legacies Other tradlng actNilies Inve5tmerit Income Charitable Acthrytres Other Income Surplus on salt of flxed assets ' Coronavirus Job Reteniion SthemeGrant 137505 83.621 355,966 8.188566 I.￿.532. l.C83,763 220Ji2 453A38 9.412.603 1,17Yy4 750.694 573.226 7.052.764 612.401 764,361 .249.527 174.416 111.163 976388 79 '>76?88 104W2 311.046 Totsl Inrome 61L(MJ) 11.012.076 1.372.111 11995.187 8,99D.Q99 Expenditure on: RalslnB funds 79.291 58.353 137.644 83.745 Charltable athitles 2,152.734 7.025.448 1.872.rJ2 11,050.914 10rt53.387 Totsl Expendrty 1232.025 7.(ffj3.801 1.872.732 11.188,558 19.537.132 {1,621,0251 3.928.275 (S￿.621) I￿6,629 IL547.0331 Investment Galiis1{Losses) Unrealised 2,488.660 L163.047 ,190 I136.￿9) 3.611,708 4A27,895 Net Incomellexpendtturel beforelrnnsf•rs "TransfeT5: From Parochlal Funds Tolfrom Restr" Funds 867.Fi35 5.(VJl.322 1404.4311 (136.1891 5A18.337 1880,862 15 1,625.679 11217891 11.625.679) 1138,7551 261.S44 Net Movements on Funds 2370,525 3.326.888 I142￿87) (136.1891 5,418,337 2W).862 Recondllatlon of fvnds Funds brou8ht forward Prior yèar adjustment 9WI,535 34,482,236 &(B5,625 1,OYW6 53.503,242 9),622,380 Fvndscarried Fgrward £12,211.060 37.8Q3.124 £7,942.738 £958,657 £58.921,$79 £53503,242 The statement of financial actkntie5 indudes all gains and losses in the period. All ope￿Il0n5 are (ontinulng and thereare nci dlscontinued operations ID elthef year. The comparatlve yeafs Ststement of Flnandal Actlvltles15 Included in nots 24. The Tr)tes fom) part ofthese accounts. 23

BRENTWOQD ROMAN CATHOLIC DIOCESAN TRusr 8ALAN{E SYE ASAT5 APRIL2022 Not FIXED ASSETS Tanglble flxed assets Inyexmehts 19A35.5fyJ 28.898,12 J 18 164.858 26.819,131 48233.681 44.983.989 CURRENT ASSETS Dety¢ors Cash at bank and In h￿d 2.908518 10.642.014 2￿79.852 9.477,618 0532 iI,SS7A70 CREDITORS.. Aihounts fallin8 due Wtthln one ye>r io P,862,6341 13,038.2171 NET CURRENT ASSETS 8.519253 £58.921.579 £53.503,242 F.UNDS Llnrestritted-Gerseral - C*sfgnated -l¥rochlal 12 12 9.E45,453 IFAX.607 37AYJ.124 7.343.542 2.496.993 34A82236 12 Resirirted Pemianent Endowment sO￿20.18S 7.942,738 13 44.322.771 8.085.625 1,094,846 £58.9215 £53.503.242 The flnanclal staten?ents wert approved and0lrth￿$￿ for tssue by tht on21Julv 2023 and were syed below pD Its behalf by= Dlrertor of the B￿n￿ood Roman Catholic Dlocese Trustee The notes fDmi Wt ofthese accouh 24

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST CASH FLOW STATEMENT FOR THE YEAR ENDED 5 APRIL 2022 2021 Net Cash flow from Operating Activities Net Incomellexpenditurel Depreaation Investment income and interem receprtd Losslsurplusl on sale of fixed assets DecrÈasÈllincreasÈl in debtors {Decrea5elllncrease in credito 1.806,629 415,376 1527,3821 11,547.0331 384.721 1570,1991 7.747 332.646 2.418,325 1828.666) 1175,$83} 6￿.374 1,026,207 Cash fil￿5froM irhvestirvJ artrdits Investment Income and Interest recelved Proceeds from sale of investments Purchase of tan8ible r￿ed assets Proceeds from sale of tanglble flxed assets 527382 570.199 {53.3601 1711,8701 474.022 {141,6711 1.164396 884,536 Cash flows from financing activities Movements on loans to parlshes from third Partie5 13,CQOI Change in cash and osh equivalents in the year Cash and cash equlvalents atthe Wnnlng of the Year 1.164.396 881,536 9A77,618 8.596,082 Cash and cash equivalents atthe end of the year £10.642.014 £9.477.618 25

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF ACCOUNTING POLICIES FOR THE YEAR ENDED 5 APRIL 2022 The finandal ststemerts have been prepared in xcordance wlth all statutory wuirements and with Accountln8 and Reportlng by Charltles.. Statemeni of Recommended PrKiKe applKable to tharit￿5 preparin8 their acwunts in accordance wlth the Flnanclal Reportlr8 stsndard applicable to the UK and Republ￿ of Ireland IFRS1021 IElftNe l January 20191- Icharlties 50RP IFR510211, the Financial Reporting StaTrJard applKable in the UK and RepublK of Ireland IFRS1021. The particular accountin8 polties adopted are dexribed bekjw. The finarKial statements are prepar94 under the horical cost convention, as modrfled to includecertain tan8iWefixed assets ata and fixed mt Inve5trnentsat markLtvalue. Figure5?reprwnted in sterling and rounded to the nearest pound. The Brentwood Roman Cathollc Dlocesan Tnisi meeis the definltkjn of a publk benefit entity under FRS102 and was constltuted byTrust Deed In 1947. The Brentwood ECc1v￿aStiCal Education Funds IBEEFI i% Separate￿ constitLrted underTrust Deed dated Iljuly 1922 and re8tstered with the Chartty cL)Mmi￿on undw number 1067745. The Brent¥￿0￿ Dioctsan Investment Pooled Fund Is separately rewstered with the Charity ComrniSs￿n under nurnber I(￿7742. Under S26161 ofthe Charltles Act 1993, these three charities which havethe Same Trustee are perrnitted tt> be treated a5 a SIn￿e entity for Kcovnting purpose& The ftnanclal statements have been prepared t0￿e a true and fairf and have departed from the Choritie5 IAccounts and Reports) Re8ulation$ 2CJ8 onfy to the exient required to provide a'true and fair viev/.Thts departure has involved folk)win8 ntin8 and Reporting ￿ Charrties preparing their accounts in accordance with the Finandal ReFK)rtIngSt￿￿ard appIl￿ble in the UK and Republic of Irdand (Ffts 1021 effertive from l January 2019 rather than the Accounting and Reporting bv Charities.. Staterrent of Recommended Prartke effertrye from IApril 2(Q5 which ha5 slnce been withdrawn. Having con51dered the £a5h re5erve5 a5 at June 2023. future tNJdgets and ¢ash flow5. the Trvstee confirm5 thatthere are no material uncertainties aboLrt the enti￿5 ability to continue as a going concern forthe foreseeable future. The Direttor5 of the Corwrate Trustee have reviewed the cash reserves as June 2023 and the projected cash outfltsw overthe nexttwelve months. t)espite continued uncertainty In respett of future Income, due to the thl of investment5 held, the Litertors are conltdent that the Charlty contlThJe5 to be a 80ln8con￿rn. bl Leiad4 Don•tiOA% •nd Grants Legxles and donatK)ns are r￿0&niSed when recefvableorwhw the Dkxese becomes14a1￿ aKltled to them and recelpt Is probable, and they can rea￿abty be m&isured in fina￿181 temi& Rtxeipts of property, investments or other gifts in kind are Induded at market value. Grants are r￿08n1$ed when the charlry bas entitlement and when the amount 15 measurdble. Investmerht IrKome Is accounted for as it Kcrues. dl E¥pen¢Hwr• Costsofrai%ingfvThts comfvtrwcostsasgxiatedwth wKoffandthe managementofthe Charfvs Costs of charitable artivit￿ consist of all eX￿ditUre dIrtYt￿ relatI￿gtO the obhects olthe Charlty. Support costs whlch cannot be directly alkKated a￿ apportroned between d)arltable ￿tfvItS and governante costs on the basis of the Trustee'5 e5tlmate of the ￿rne swt on the rdevant functlons. Em￿0¥m￿￿ beneffts. lrtluding hollday pay. are recognlsed Sn the Krfod In wh5th thEy are eamed. Temilnatlon beneffts are recogni%ed in the ptritid in whith the deciSiDn ￿ made and commun￿￿ed tothe relevant emplo￿1$). Govèrnance cost5 indude expenditure on management and compliance w￿h consthutlonal and ststutrry requlrwnents together wrth an alhxation of gjpport co# Irrecoverable VAT is included wth the (ategory of expwwto whkh It relates. 26

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF ACCOUNTING POLiaES Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 dl Expendllure (oyrtlnued) Redundancy and terniination costs are re￿￿n￿ as an expense In the Statement of Financial Activitles and a liability on the Balance Sheet immediately at the p)int the charrty is demonstrab￿ committed to elther: Termlnate the employment of an employee or group of employees before nomial retiremertt date: OT Provide tern)inat￿n benefrts as a result of an offer made in ordw to encourage voluntary redundancv. The charity Is consrdèred to be demonstrably committed ontywhen it has a detailed fornial plan for theterrninatlon and Is wlthout reallstic posslblllty of withdrawal from the plan. el Tanglble Hxed A55ets Prior to 6 April 1996 the cost of fixed assets was wrltten off In the year of acqulsltion and no comprehensfvè cost records were maintsined. In order to arrrve at a reasonable Yaluation of parish property. taking Into account age. type. condition and life expectancy. the considered that insured values at 6 Aprll 1997 should be dlscounied by 90% and In subsequent years be depreciated at 2% per annum. This valuatKJn will not be updated in the future. Properties acquired after 6 AprÉl 1996 are capitalised at therr actual cost of acqu￿1t10Tr. The school propertles (land and buildings) areve5￿d in the name of the Diocesan Trustee. The Dloce5an Trustee cannot take a unllateral dectslon to of these propertie5. Disposal can onty occur rfthe school Bovernors and the Se￿tary of State for Education decide that all or part of a school 51te is no longer requlred for edu¢atl¢)n. In m05t orcumstsntÈs. where a d￿pOS31 otturs. the Seuètary of State or the local avthority may be entitled to recoup grant. ￿thOUgh no rights of ownership vest in the sthoc¢l governlng body. most other rights and obligations. such as for the rnaintenan￿ and repair of the sthool and tts facilit￿, are pa55ed to the governors. The Trustees therefore consider that. for the PUTposes of these finandal statements, the nature of their ownershlp Is that of a custodianship. however these properties have been purtha5ed and wrttten off in the Dlocesan accounts for the amounts that the Dlocese contrlbuted in the past and the costs invowl have not been separate identified and are not considered materlal in the overall context of the account& The estlm*ed c05t of furniture. equipment and motor vehides held at 6 Aprll 1996 has been capitalised In ihe finan¢ial statements. Subsequent additions are cawtalised at cosL Individual works of art, historical treasures and plate are not depreciated as they have extremely long IW and are consldered to be worth preserving Indefinltety. Depreciation Is calculated by ihe straight line method to write off the costfvalue less anticipated resldual value, over the expected useful liv&s of assets as follows:_ Freehold bulldin8s additions since 6 April 1996 50 years Fixtures al￿ fittings 10 years Furniture and equipment 1> £5.0fy)1 5 years Motor ￿hIcleS 4 yeaT5 The residualvalues of bulldlngs held at 6 Aprfl 1996 a￿ consideredto be signthcantlyhigherthanthelrcarrylngvalue in the accounts resulting in a nil value for depreciation charge. 27

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF ACCOUNTING POUCIES (Continued) FOR THE YEAR ENDED 5 APRIL 2022 s¢1￿01 Buildinz ProBTrmme The Dlocese asslsts schools undertaklng major projects by meeting the Costs and daiming grants on behalf of the schools. These grants are netted off a8ain5t the cost and onty the net Costs to the Diocese are included in the financial ststements Flnandal Inrtruments The charity only ha5 financial a55ets ar￿ finanaal liabilities of a kind that qualfy as basic finanaal instruments. Basic financial instruments are inltially recoBnised at transacuon valve and subsequently measured at thelr settlement value with the exceptlon of bank loans whlch are subsequenlty measured at amortlsed cost uslngthe effective interest method. Fixed assets are re¢orded at depre¢lated historlcal cost or rwdluatlon. Investments are lecorded at thelr fair value whith i¥ the market value a5 disdosed in note 11 and all other assets and liabilrties are recorded at cost whith ts theirfair walue. Investments Pooled Investments are valued at tsir value on the balan￿ Sheet date. Investment properkne5 are valued at fair value and stated at a Trustee's Wdluation. Unrealised 8ains/losses on IrNestments are calculated as the difference between openlng marketvalue and closlng market value after adlustlngfor additions and disposaL5 durlng the year, less Investment management and admlnlstration costs. Debtors Short terni debtors are measured at transartion pri￿. any impaimeni. Loans re¢ervable are measured Inltlally at falr value, net of transa¢tion ¢osts. and are measured subsequentty at amortised cost usln8 the effectvve interest method. less any Impairnient. Cash and cash equivalents Cash is rewesented by tash in hand and deposits with finarKial institution5 repayable 7Mthout notKe of not more than 24 hours. Cash equivalents are hlghly liquid investments that mature in no more than th￿e month5 from the date of a¢qui5ition and that are readily con74ertible to known amounts of (ash wlth InsSBnlficant risk of chan8e In value. Creditor5 Creditors and wovlslons are recognL%ed where the charity has a FYe5ent obllgatlon result6n8 from a past event that wlll probably result in the transfer of fvnds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Credrttirs and provi5hon5 are normalty recwused at thelr settlement amount after allowlng for any trade discounts due. 28

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF ACCOUNTING POLICIES Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 h) Fund a¢￿￿￿tkn General fvnds These comprise the accumulated surplus or defKit from the Ststement of Financial Activities which is not re5trirted nor de5i8nated funds. They are available for use at the discretion of the Trustees In furtherance of the general objectives of the charity Des4nated Funds Thesefunds are unrestrfttedfvndseammrked bytheTrusteeforparti￿larpUrPOseS. tjetalls of thefvnds deslgnated the Trustee are set out in note 12. Restritted Funds These fvnds are subject to rthctior6 imposed by the donor. Detalls of fvnds subjert to legal restTiCtion are set out in note 13. Parochial Funds For the purpose5 of the civil administration of the thartty. parlshes are not d￿tintt legal entltles. but branches forming part of the èdministrative machinery of the main Dl¢)cesan chartty, albeit that they have a degree of independence. Parish funds and assets. unles5 held on di5linrt and express special tntsts dearly evidenced in law, will be hdd a5 part of the Di(xesan tharity and will be the responsibility Of the dio¢esan ¢hartty tfU5tee (who, under normal legal principle5. may of ¢c￿r5e approprlately delegate Its management to parish prlests wlth Ilmlted authorltyl. Suth funds wlll be designated funds. Unless there are dtstinct and express special trusts declared under the law of England and Wales. they will not be restricted funds. Parochlal funds are therefore shown as unre5trided but designated funds. In Canon Law. however. the parish is fimty Set withln the context of the diocese C.51511l and the parish prlest exercbes his minlstry under the authority of the bishop Q519. A partsh whkh has been erected in accordance with the law. possesses publlclurldlcal personality by the law itself C515131. In Canon Law. therefore, it ha5 the right to acquire, retèin, adminlster and alienate temporal goods C1255 whKh. a5 ecdeslastkal goods, are subject to the norms of Canon Law C1257111. 29

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST STATEMENT OF ACCOUNTING POLICIES Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 All digiblestsff are members of an Aegon group personal pension stheme towhith the Chèritymakes Cont￿butiOns. Employees may contribule an additional amount. As a defined contrllyjtlon scheme, no Ilabllity falls upon the Charlty, as employer, to make good a shortfall of funding other than contrlbutlons due. Some S￿￿eM￿oYed In the educational work ofthe Diocese are rnember5 ofthe Teatherfs Pension Scheme lYPS°I whlth Is a defined benefits scheme. DK>ce5an contribution levels are determined by the TPS. The TPS 15 a multi- employer scheme, and. as there ￿ insufficient Inf0m￿tIon avallable to use dèfined benefit accountlng. the TPS Is treated as a defined contdbutlon xhwne for acwuntin8 purposes aNI the contributions reco8nsed in the pericd to whlch they relate. ¥wiiflcntJudgements and estlmatlon wKertainty In preparlng these finanoal statements the trustee5 have had to rftake estimates and asgjmptions that affett the amounts reco8nised in these finanual statements. ES￿mateS and ludgements arè continually evaluated and are based on historical experience and other fartors. includin8 eype¢tations of future events that are belleved to be reasonable urKler the Circumstan￿5. areas subject to judgement and estimatlon are as follows: Fixed a55et depreciation. Judgement is applled when assnlng antldpated average Ilves to the frAed assets of the charity. Inves1m￿t properties are induded at a value detemiined by at a desktop valuatlon conducted by a property management company. or wlth reference to slmllar propertfies In the area of eath respectlve property.

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTESTO THE ACCOUNT5 FOR THE YEAR ENDED 5 APRIL 2022 DONATKINS AND LEGAaES 2021 Legacles Donations indudlng pl*e collections Grants 956,113 8,431.490 25,C 241,807 6AIO,957 £9,412.603 £7.052.764 INCOME FR(hM TRADING ACTWMES Parish hall and other rents receNed Fundraising events Other 805.623 366,503 5258 360.941 248,056 £1.177.384 £612,401 INVEsfMENT INCOME Arfsiw on quoted investments Income frorn investment propertie5 Bank interest 527.382 222,875 437 570,199 192,550 1,612 £750.694 £764.361 INCOME FROM CHARITABLE ACTivmES Altar 50uety and reposltory sale5 Chaplaincies Retreat and course contributknns Educational courses & fee5 439,875 13,963 111,163 180,562 2,974 54,956 11.035 £573.226 £249,527 31

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 Urrntrfded Fund5 2021 Tol•l Funds T(tsl AJndralsln8 and In¥estment kY0pe￿ re￿1￿$ 58,353 58,353 79.291 30.050 53.695 79.291 79291 83.745 Pmvlsk>n of worshlp Upkeepol bulldlngs Depreciat￿n pport costs altocated 2.793,595 28L971 33.4 2.949.955 28L971 213,652 2.678.377 281,111 196.168 184,037 29,615 .917 3.075566 63J)95 3A45.$78 3.155,656 atry and parish suppwt &ck ar retired cler8Y aergy aThJ church costs Educlon and tralning Partsh 8dmlnlsiratSon pwrttosts alkncaied 319,348 534.537 1gL463 319,348 3A19.961 1.463 fA)5,729 373.891 282,029 3,850.451 251.716 513.299 343.294 213,7X) 3.071.674 322,C65 5L826 S350 3.677,403 lJ)97,174 5310,392 5,240,789 Pdstoral Cartand C¢JrnrTwJnliy &Jpwt Pastoral supp)rt Othervkarkiies Retreat centres LrKal wrnrnun6ty centre Cathedral mwsk Clonation5 P3id ppJrtC05tsalkxated IL523 118661 lo5.￿) 11,523 340,080 242.483 55.145 24.750 1.518 373￿91 5.774 283,074 186.C82 63.397 10.443 270.258 343,294 342,946 136583 55,145 24,750 142.588 322.065 24L104 51,826 1,024.077 241.1ts1 173.209 IA38.Y 1,162,332 pro8ramme Icarfate foreducabon SuppJrtcostsalk<*ed 152121 199,118 92.019 31.37S 26.163 723,565 106.826 524447 14 710.078 285925 31,375 894,610 7mSW8 4874732 Ilmoj ION54387 T<>tal Éxpethre £7X43MII £lm732 £ILI88550 EIO537.132 32

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 EXPENDITURE Icontinuedl Anal￿1$ of txpernlltsrn lorthe year. Pamthkl Fund5 2021 Totsl Funds R•I￿nI Fuk) Fundrnisin8 and sooal Investment prope￿ ￿paIrS 30,050 53.695 53.695 5JM5 8Y,745 C￿rflats1e Adi¥kies Pmwsion ofworshlp Upkeep of buildings Depreclatk)n Supportcosts alkKated 136.318 1541059 28LIII 2.678.3TI 281,111 196,168 169A02 26.766 30S.720 2.823,170 2&766 3.ISS.656 aergy aThl parlsh gjppwt Sickand retlred clef Cwand church costs EdUcat￿n and training Partsh admlnL%tration Support Costs alkncated 2U029 377.849 25L716 282,029 3.850.451 251.716 513,299 343,294 220.742 3,25L 513,299 ,454 517,196 3.765.159 958A34 5,240,789 Pistoral Care and Comrnnlty Support Pastoral support Other ￿￿rIate$ Rdreat centres Local cornmunlty centre Qthedral must Ljonations pald JppJrt costs albJcatÈd 5,774 283.074 186X)92 63.397 10.443 270.258 343,294 1258251 55A85 I￿.607 63.397 10.443 179. 296,454 83,075 989,771 83.075 1.162,332 Bulldlng progtsmme carlate foreducatkin SupportC05ts allxated 31,660 196.359 84.702 54788 513.719 710.078 31L721 54.788 527,101 894.610 n6J92 1.787 $3387 Total Expendlture £2A79.￿3 £&756242 £UOL787 £10￿37.132 33

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 EXPENiYfuRE Iconllnuedl 2022 2021 Governance expendItU￿ Indudes: Current Audltors. remuneration 42.0 34.950 Auditorg- Other servtces Induded In professlonal fees Governance costs bdow indude audit and legal athth￿ recelved in respect of 8ovèmance Ansls all￿At10Th of SUpp￿t ￿$1. pr￿1￿k>n ￿pp￿Of P•siowal Cwe & 2022 T(￿11 2￿1 Tot•1 Flnance Office Human Resources Curial Admlnlstratl Chancery & Tribunal Mensal Rates, Insurance and 51.611 9,899 28.847 18.039 12.687 90.320 17.323 50.483 31.568 22.202 gJ.320 17,323 50.483 31,568 22,202 258,057 49,494 144,237 90,195 63,434 316.271 4,949 14,424 9,020 6.343 142,998 88,936 61￿21 13.249 3.864 23.185 6.762 6.624 1.932 66.243 19.320 96.991 40,097 Maintenaft￿ and repair5 Professional fees Governance Bank Interest Depreclation other 6.762 25.491 15.294 1,055 26.201 7.415 44.610 26,764 I￿7 45.851 12.976 44.610 26.764 1,847 45.851 12,976 12.745 127.456 76,468 5.277 131,C)4 37,075 Sl,179 43,031 528 13,101 108,957 30,559 21 Analy51s and aMo¢lon of support rnsts lor the pre¥kns year. Supportd £1 26 Pastoral C¥*& 2021 Wow5th1p Finance Office Curial Admlnistratlon Chancery & Tribunal Mensal Rates. Insurance and 63.254 110.695 SO,049 31.127 21.637 110,695 50,049 31.128 21,637 31.627 14,300 316.271 142,998 88.936 61,821 17.787 12365 6.182 19,398 &019 33.947 14.034 33,947 14.034 9.699 4,010 96.991 40.097 maintenan￿ and palrs Profession31 fee5 Governance Depfeciation Other 10,236 17.913 15.(%1 38.135 io.v 1.7.912 .C61 38.135 5.118 51.179 43,031 108,957 30.559 21.791 6.112 iO,&J6 3.055

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 srAFF Theaverage number of employees 0ftr￿ Diotese duringtheyearand thelr a88regate emluments are shown below: 2022 2021 Staff Costs: Wages and salaries Social security Pension costs Redundancy costs 1412.296 161.699 251.879 2,480,452 163,661 267,437 18,810 £2.826.877 £2.930,360 2022 2021 Average Number of Employtts: AdmSnistratlon No 41 Par15h empl¢)yee5 145 155 196 Number ofemployees who earned £60.L)N) or more durin8 the year were: £60,C￿- £70,orKI £i￿),[￿- £iio,wo Employer contribution5 totslling £42.64212021 £ 42,4801 were made to per￿nal pension schemes on behalf of the above employee& Key management personnel received salary, benefits and pension contributions of £422.582 {2021. £422,340) during the year. 35

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 TANGIBLE FIXED ASSErs Flxtures & Fumlture & 8uldki8S Equlpmert Total VAWATK)N AND COST At 6 April 2021 Addltlons Transfer5 from Investments DlsposaLs 25.469.747 53.360 I￿2,718 744.668 1.322.635 27,537,050 53.360 1.532,718 1117.451} 1117,4511 At 5 Aprll 2022 27.055.825 744.668 1.205,184 29.005.677 DEPREOATION At 6 April 2021 Charge for year Disposals 7￿71.586 315.409 222.748 74.467 1.277.858 25.500 1117,4511 9,372,192 415,376 1117.4511 At 5 April 2022 8.186,995. 297.215 1.185.907 9,670,117 MET BOOKVAL At 5 April 2022 £18W.830 £447A53 £19,277 £19,335560 At 5 April 2021 £17598,161 £521.920 £44,777 £18.164A58 Thecharityakn owN%a MmberofsdLW[5w]￿theYry5tee￿n$Ide1Sth￿thV"r ownhipksthof3 uBtodi?nship. )7 ￿ets havt a netbjok y)￿e0f NIL how￿been￿rit￿0ff p051and nGrapUlsed.. Als¢olUxhoc45IntheDxese6Set>JtlntlanD￿ Tr¢¢¢Son Dir¢ttw. Apartf￿3&Yl usedfty mathaYA￿ahd8dM￿￿M alflassdsare used li ofthe charWsob*(ts. 36

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 INVESTMENT5 2022 2021 Investrnent properties 9.628,799 8,091.096 Stocks, shares and unlt trusts (see below) 19.269320 18,728.033 Subsldiary cornpany {See note 161 £28.&J8,121 £26B19,131 aly5i5 of stocks. shares and unit trusts Income Unlts in Sarasln ￿pha aF 19.065.487 18.558.846 Cash awaitln8 investment 13.682 41 COIF CharMes Investment Fund Accumulatlon Vnlts 19),151 169,146 £19.269.320 £18.728.033 Analysis of Inv&ment Propertie5 Openlng Balan 8.091.0% 6.971,219 Additions 353,968 Transfers to fixed allets 11532,7181 Property revaluatlons carried out by thartered Sur￿0[5 3.070,421 765,909 a05ing Balance £9.628,799 £8,091,096 Total IrNestments at rnarket value: Opening Balance 26,819.131 22,037.268 Additions 353.968 Tronsfers to r￿ed assets 11,532,718) Unreallsed Ilosse5llgalns durin8 the year 3,611,708 4,427,895 aoslng Balance £28,898.121 £26.819,131 I the I￿$￿Tre1￿ lother than c3sh are a retWNsed W Stock E¥thaD8e or are by reference to InvestmenEsld on a rettTh5￿ Stoc* Exdwy. (kne kwupErty3sset ￿¥41￿4 a re8tsiered RKS valuw at Clutton5 LLP durfn8 22123.All 37

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 DEBTORS 2022 2021 School related rece￿a￿e$ 175.951 222,fy)8 Tax due on Glft Ahj and legacies receivable 1.037.384 1.121.502 Parish ￿ceivable$ Including legacy income and income from knd sale5 1.567.696 653,290 Other debtors and prepa￿ents 127.487 83,052 £2.908.518 £2.079.852 10 CREDITORS 2022 2021 Amounts falling due wthin one year: Bank overdraft and other loans Loan5 to Parishes from third parties Trustfvnds to be paid out lo.x lo￿33 Other credltors and attrua 2.842.728 3,018,384 £2.862,634 £3.038.217 Credltors Include VASCA fvnds bein8 held as at 514122 in the amount of £2.038.(KQ12021 £1462.fyJOl. These fund5 had ￿en received from the DfE and were awaitin8 distribution to schools to fijnd capital project5. The Diocese has a loan from the Cathedral and Choral Trust Fund la separate charltyl. whlch Is Inte￿$t free. and is repayable on a change of use of the Choir sd￿01 (whether Tt is 501d or not), and the ￿paYment t5 inflation linked. The likellhood of a ¢han8È of use of the Choirsthool is considered to be rer￿te. therefore the loan ha5 a fair value of £Nil. If the loan had become repayable at S April 2022, it would have had a value of £302,79112021 £282,881) 38

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 IL FINANCIAL INSTRUMENTS 2022 2021 Financlal assets measured at fair value Financial assets measured by amorti5ed c05t 19.269.321 2,908,517 18.728.034 1,426,562 Finandal Ilabllltle5 measured by amortised cost 1862,634 3,038,217 Financial assets measured at falr walue comprise listed investments. Flnanclal assets measured at amortlsed Cost comprlse grants dueon school projects and other debtor5. Finanoal liabilitles measured at amortlsed cost comprise loans and other creditor5.' 39

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continuedl FOR THE YEAR ENDED 5 APRIL 2022 12. UNRESTRicfED FUNOS Balance at Net IExpl/income Before Galns Gai Balanc£ at 6Apr 2021 ILosse51 on Investrnents S Aprll 2022 Transfers General Fund 7.343.542 {1.677.127) I.502￿90 2,437,148 9,606,453 General Educatjon Fund Parlshes in Need Fund 2.163,595 333,398 43.702 7.810 2,255,683 348,924 7.716 Total Desl8nated Funds 2A96.993 56.102 51.512 2.604,FJ)7 . Parochial Fvnds 34.482.236 3.928.275 11.764,4341 1,163,047 37,809,124 £44.322,771 £2.307.250 £1261,5441 £3,651,707 £50,020,184 For the comparative year: Balan￿ at Nel {Expl/lncome Gain Balance at 6 April 2020 (Lossesl on Imyestments 5 April 2021 Gains Transfers General Fund 5.444.611 IL646.999) L553.789 1.992,141 7.343.542 General Education Fund Parishe5 in Need Fund 1.844.244 270.666 14.910 8.323 304,441 54.409 2.163,595 333,398 rotal Oesignated Funds 2,114.910 23.233 358,850 2,496.993 Parochlal Funds 34.8(K).701 782.318 11.7510611 651.278 34.482,236 £42.360.222 £{841.4481 £1198,2721 £3,Crf)2,269 £44,322,771 General Education Fund This fund has been set up by the Trustee to generate income to meet the cost of buildin8 and improvin8 s¢hooLs in the Dlocese. Trarnsfers are made from the General Fund for thls purFKKe. Parfshes in Need Fund At Its September 2013 rneeti￿ the Finance Board ayeed that the £l%k re¢elved from the Cathollc Church Insurance Association as its membership award should be ring fen¢ed to be used to provide financial and other support to Pari5he5 defined as b￿n8"In need..

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTE5 TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 RESTRlCtED FUNDS Balarrte at Galn5lllosse51 ealortte at IExplnno)me 6h41rf1 SApril 2021 Galns Transfers Investrnts 2022 Walsingham House 5264 5,264 stk and Retked Cleriy Fund 2.C60.628 I273￿} 145,6 Is7￿1) 1.875.393 Mensal Fund 615.(FAI I43￿15) 19W9 655.294 BEEF 4,049J29 166.0711 115.681 4.098,939 V¢xat•)ns 5375 Mass Fund 214.238 6￿2 224.4S4 Parlsh Restricted Fund5 248382 18,9821 239.400 Caritas Imergedw5th &xial WelFare Fund pr￿DuSty ￿ Ottr Reth¢tedl BRCDT Educatknn Fund 311,352 163.6271 7￿4 255,549 75505 120,6911 54,814 Oiher Restricted Funds 433.S22 137.6041 Sl.744 2965 450.627 £8￿5.625 £15W,6211 f261,544 £96.19D £7342.738 PÈrmahent Endowment Fund Cmwhurst Lewy 615.65YJ 1112.7721 502,918 Illvan Speclal Tn￿t 479.156 123.4171 455,739 £1.(84,846 £1136,1891 £958,657 41

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 Restri¢ted Funds for the ¢omparaiive year: BaknrKe at Gaiislllossesl IExpWncome 5Aprll Galns Trnnsfets In¥Èstments 2021 Wa155ngham House (48.Cq7) 15291 48.616 Sic and Retired Clergy Fund 1.9)8.313 1230.8881 147,141 2.C60.628 Mensal Fund 517,051 140.3421 8.341 615,050 BEEF a367.577 11241071 4.049329 Vocatlons 75.239 77fi29 Mass Fund 162,977 48,0 214228 Parish Re5trirted Fund5 26 2483B2 Caritas Inr8ed with S(*lal Wellare Fund p￿¥t)uS￿l In Other Restrttedl 312.701 311352 BRCDT Educatk>n Fund 13C82711 75￿￿ Other Restricted Funds 378,999 31354 2.514 20.655 433522 £7.289￿02 É(705y31 E198.271 £l,X)3,435 £8.085.625 Permanent Endowment Fund Crowhur5t LeBary 76,185 615.690 Sullivan Special Trust 433.151 46.C¥)5 479,156 £972.656 £LOY.846 42

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 13. RESTRI￿ED FUND (continued) WaI￿nghaM H￿se This house Is used forthe pl￿ts10n0fwuth retstats. Skkand Retlred Ckrgy Fund IKome Js usedto help gJpp)rtfulty retlrtd. partklty rÈtlred and slckwksts. Transfers represent contdlwtlon5 to thefvnd from the Dloce5e. Mewl Fund Thlsfund ￿ used tosupportthe Diocesan a¢tMtiesof￿ Bshop. Transfers representcontributioffjtothefvndfrom￿ Diocese. 8EEF (Brentw￿d Eccleslasknl Educion Fund) This fund meets the costs of traI￿n$ prfiests for the DKxtse. Transfers ￿k￿eSent (yJrtTutKJn5 frrjrn collections on its tse￿ from the parlshe Ma55 Fund Income ￿￿fve￿ from pakl to prte5ts whD cekbrate masses frsr the donors. Transfers represent rna￿ stlpends pald overto parlshes. Parlsh Restrkted Funds Y￿se fundsconsist of dO￿￿on$and 01￿contrIb￿l)n$to Pattsheslorspetrfk purpws wrthin the parish. 8RCDT Edu¢atton Fund T￿stfvnc&4re used tofin8rKett pro¥i5KJn ofethKatw wJ¥lsorsto wIY¥nthe Dkncese. Carrtas Thi5 fund ￿ used to p¥omte and SUPFOrt Catholic kKial Teaching. As S￿h. the pre¥isting Sxial Welfare Fynd (previou5 rew)rted wlthln Ot￿r Restrfctéd Fun(tsl has been IrKorporated Into the Car1ts5 FU￿1. 43

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES ro THE ACCOUNTS (Continuedl FOR THE YEAR ENDED 5 APRIL 2022 13. RESTRI￿ED FUND Icontinuedl Othef RestrKted Funds OtheT restrictedfunds co￿lst of donatlons for SFeof¢ wrp)se& pern￿nent Endowrne￿ Crowhurst Le8acy fundtonsistsofa protwty Ib)natedtothe DfjrKese to ￿￿sed asa home forRoman Cathol Priests SuFferi￿frorn stknÈ55 Qrwho havt retired ty reason of okl age. The property may i sokl tr4rtthe WDceeds must be irNe5ted In aTh￿her property to be used for the sarne purFoses. The property was sold durin8 21J)5. Th? kYoceed5 have been Irhvested w￿h Sara51￿ untll a sultable replacement property has been found. Illvan SpedalTriisr Thls fund comprlses an Investsnent piopertytht rntome of forts tenefft of the parfsh priest Jt5outhend parish. 14. ALLOCATION OF THE CHARITY NET A55E75 Netcurrent FThed IUablUtlesl Totsl un￿$tri￿ed furnjs Padsh funds Restrlrted funds 2.n2.515 16.6CQ.245 14.69L238 6.567.170 6.756.656 883.057 15,202,693) 14,633,709 1.18L282 75,600 12,211,060 37,809,124 7,94L738 958,657 Permanent Endowment fund Total NetAssets £19335Sfil £28A98.121 £10,687,898 £58,92L579 Forthe comparaike year Netcurrent Iuabllltlesl Total UnrestrKted fund$ Parish funds Restrkted funds Permanent Endowrnentfvnd L75L149 I6,406￿09 13J04.950 5.834469 6￿£￿.466 L019.246 15215,5641 12241,2S8 1,417,959 75,6(KJ 9,840,535 34,￿1,236 8,085.625 I,Q34.846 Total NetA5sets f 1&164A58 6,819,131 £8519,253 £53,503.242

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Iconbnuedl FOR THE YEAR ENDED 5 APRIL 2022 15. TRANSFERS 21)22 Fromirrol Pam¢hkal Funds DI￿eSan Quota Other 1,572,707 52,972 1.6C8.559 4,121 £1.625,679 £1,613.680 TollFroml Re5trkted Funds Permarnt Endowment Gerral ParrxhKIl Sickand Retired CIttBY Mer￿1 Restrfcied fund5 SFertt on Ot￿r 140. I140,8￿) 120.744 1122.7891 2,045 f261 £1122.7891 £1138.7551 For the Comparnt￿t Itar: Permar*nt Endowment General Parochlal Skk and Retked Cie I40￿41 1ts0.8411 Memal Restrirted funds spert on Other 57A30 {yJ,w￿l £198,271 q59.89Jl 138,381 45

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUMt5 Icontinvedl FOR THE YEAR ENDED S APRIL 2022 16. RELATED PARTY ITRADING COMPANY) The Charlty teneficlalty owns ICQ% of the Sh1￿ opltsl of Brnrtwood DkKe5e (Tradkng) Lkntte4 compary number 2571381 whlch rnan4e5 t￿lkI￿ng contracts fortt Diocese on a no pfofftlno l)55 bas15. Con50ndated Kcounts have not been prepared because the flgyres S￿)wn would not in the oplnion of the TnJ5tee. be materjalty dfftrent from those shown In ￿ charws accgunts. ltstradlng ￿$￿It$￿the year erthd 31 March 2022 ￿￿Te as folkw￿. 2021 Tumover Cost of Sales Profit on ordlnaryadr¥rts Interest in 8rentsY)od Diocese urad1￿) Ltd epte tapttal and reserves 17. BRÈNTWOOD ROMAN CATHOUC DIOCESETRU5fEE Charlty ts govemed bythe Board of Dwector5 ofthe CryWeTrth. ￿ B￿n￿d cat￿1￿ Dkscese Trustee Icompamt numter4508971. 18. TRAN&4CllONswfTri OlREcfoRS OFTHEC(MIPORATE TRu￿E A rnalorltyof the Olre¢tors CorKK)rnte Tntstee awE zkn partsh prfe5ts inthe Ok￿$e. As prststhey recefve Income from thelr p3rf5he5togetherwrth lfvlngaccommodation, f￿nIel￿n$t$aTrd ￿lM￿￿￿eme[rtOfcQSts ￿￿rred on beha￿Oftheor parlsh onthe same basis a5 other prtests wtthlnthe Dkxese. T￿ do not rtctNt any renwTheratb)n or ￿Trefft5 Irom thelrtrurteeshlp otherthanthe purchase ty the Oloceseoftrustee¥ indernnity in5uTrnce pr￿dIngC0¥erOt upto £5.(Mx$,(￿ duringtheyear (the premium is kyid as partof public lia￿1￿¥ i￿raTh￿l. Trabl tosts totollir* £NIL12021: £NILI aThd corsultsncy cost5 In resp2Ct of counes arranged ty the Vkartste for Educath)n In the amount of £1,2tKI 12021 £1.2￿) were reimbuf5ed to one12021.' one) Dlreaor durin8the year. During the year. Olrectgrs of the corpOrateTn￿et donatrd £5.13012021 £5.0151 Sn a88rè8ate.to the Dthese. 19. COMMITMENTS 2022 2021 Author15ed and contracted for 46

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 5 APRIL 2022 20. THIRD PARTY COLLECMONS Parfshes hold collecllons on behalf of third party charlties. Because the DiKese is l¢ti￿ as agent for these charltles. these collections have been exduded from these financlal statements. During the year £763.86712021:£105.0821 was colleaed on behaff of third party tharities. At 5 A41rll 2022 £167.841 {2021 £126.6731 was held on behalf of third party charities. 21. RELATED PARTYTRANsA￿loNS Related Party transactions wlth the Directors of the Corporate Trustee are di5c105ed in Note 18 of these Accounts. There were no other related party transactl¢)ns durfng theyear12021. none). 22.PENSION COMMITMEtirs The charitys academic and related siaff belongto theTeachers' pension Scheme Entsnd and Wale5. is a mutt ernployer defir*d benefit stheme. The latest aciuarial valuatiw of the Trs Telated to the period ended 31 Au8USt 2019. There were no outstandin8 or prepakl ￿ntrIbutIonS at either the beginnlng or the end of the finanaal year. Teathets, Pension Scheme The Teacher5, Pension Scheme rrps or scheme) is a statutory. unfvnded. defined benefit occupational sdieme. governed by the Teachers. Pensions Regulations 2010 las amended). and the Teathers. Penslon Scheme RegulatTrons 2014 las amended). These regulations applyto teachers in schoo15 and other educaiional e5tabltshments, including academies. in England and Wales that are malntained by lool authorities. In addibon, teachers in many independent and voluntary- aided schools and teathers and lecturers in some establtshmenrs of fvrtherand higher educalic￿ may be ell8ible for membership. Mernbershlp is automattc for ful￿time teathers and lecturers and. from l January 2W7, automatlc too for teachers and lerturers in part-time employment followlng appointment or a thange of ¢ontract. Teachers and lectUTer5 are able to opt out of theTPS. The Teachers. Pension ￿dgeting and Valuation Actount Although members may be employed by vartous bodies. their retirement and other pension bertefits are set out In regulatlons made underthe SuperannuatSon Act119721 and PublTr¢SwMce Penslons Act120131 and are paid by public funds provided by Parfiament. The TPS is an unfunded 5theme and member5 contribute on a'pay as you go'basis- contributions from members, along with those made by employers. are credited to the Exchequer under arr3n8ernents governed by the above Acts. The Teachers, Penslons Regulatlons 2010 require an annual ac£ount. the Tea¢hers' Penslon Bue4etinB and Valuatlon Accoun¢ to be kept of receipts and expenditure lindudin8the Cost of pe￿10￿ irnl. 47

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNT5 (Continued) FOR THE YEAR ENDED 5 APRIL 2022 Frorn IApril 2O)I, the Account has been CTedSted wth a real r of retum. whkh is equfvalent to a55umln8that the balan￿ in Ihe Account Is Invested in notional investments that pr(xlucethat real rale of return. Valuation of the Teachers. Penslon Scheme As a result of the latesi stheme valuatlon employw e&xrtributions were irKrea5ed In September 2019 from a rate of 16.4% to 23.6%. Employers al￿ pay a charge equivalent to 0.￿ of PenS￿nable Salary costs to cover administration expense5. The next valuation is experted to tske effert In 2023. ' A copy of the latest valuallon rekK)rt can be found tyf01lowi￿ this link to the Te¥hers' Penslon 5theme website:httpsJ/www.teaCherspensions.co.uVnew￿emP10VersI2ol9Io4lteaChersynslans￿YalUat1onknrePOrt.aspx Sd￿me Changes In December 2018. the Court of hdd that transli￿nal iYote¢tlon provlsions contsined in the refomied judicial and flreflghter penslon schemes, introduced a5 part of public Se￿￿ penslon reforn￿ In 2015, gave rise to direct age dlscrimination and were therefore unlawful. The Svprerne Court, in a de(ision made In June 2019. rèjected thè GovernmenV5 applicatlon for pemiissbon to appeal the Court of Appeavs ruling and subsequentty referred the case to an Employment Tribunal to determine a remedy which wlll need to ￿ offered to those members of the two schemes who were subject of the age disuimination. Slnce then, daims have also been lodged agalnst the main public seThice schemes incluthng thèTPS. The Department has conceded those In Ilne wfth the rest of the govèrnmenL In Juty 2020 HM Treasury launthed a 12-week publk con5ultatlon which will provlde evldÈncÈ to support the delivery of an appropriate remedy forthe afferted schemes, i￿luding TPS. Afinal remedy will be determined once the results of the consultstk)n are establtshed. In December 2019, 0 fvrther legal dwllenge was made against the TPS relatingto an Mlenttfd equalities issue whereby male sumvors of OppoS￿seX marrlages and CMI partnerships are treated less favourably than survivors In same-sex Th￿rrIageS and cplil partnerships. The Secretsry of State for Educati¢)n a8reed not to defend the case. In June 2020, the Employment Trlbunal recorded its findings in respect of the dalmanL DfE b currentlyworking to establish what Changes are necessary to address this disuimlnati¢)n. Any impact of these events wlll be taken into account vthen the next stheme Yaluation 15 implemented. This 15 stheduled to be Implemented in April 2023. based on April 2020 data.

BRENTWOOD ROMAN CATHOLIC DIOCESAN TRUST NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5 APRIL 2022 STATEMENT OF FINANaAL ACTMTIES FOR THE YEAR ENDED 5 APWL 2021 Unrestrkted Funds Parc¢hkl Restrlrted Funds Fund5 Endo￿neTht Funds 2021 Total Inco￿ from.. t)onatJns and le8ade5 Othertradire actNltks Investmert income Charitable l£tNltles Other I￿orne CoronavlrusJc Retentk?nsChe￿ Grant 79557 50.928 366.717 11.035 6.330.027 561.473 199.892 7,052.764 612.401 764.361 249.527 197.752 54956 47JYJ8 316 311.046 Totsl Income 555.335 7.538.5f 896.204 S.95￿1.C89 Expenditure on: Ra￿1￿6 funds 53,695 83,745 CharitaE4e actwrties 2.125. 6.n6.192 L601.787 10.453,387 Totsi Expe 1179.103 6.756.242 L601.787 10,537,132 11,623,768) (7055831 11,547,033) I[NestmertGai￿ILOsse$j Realised Unreallsed 2350.992 651.278 1313.435 122.190 4.427,895 Net irKomellexpenthrture} n7J24 £433￿% S97￿52 122.190 2.880.862 Transfers.- Fmm Paroch￿1 Funds Tolfrom RestrIc￿d Funds 1.613.680 159.89)) 11.613.Wl 1138.3811 198271 Net Mos*rfierts on Funds 2.28L014 1318,4651 796,123 122,190 2,880A62 Re¢onallat￿yD ¢rffvJnd5 Funds broughtloAvard prtor ￿ar adjustment 7,559.521 33 821,726 978?75 7,289,502 9r2,656 49.643,40S 978,975 Funds Carrled Forward £9,840.535 £34,482236 E8,rA5,625 a,rp34,846 £53.503?42 49