2020-12-31-accounts

			2020	2019
Cash (used in) operating activities			(1,246, 177)	(1,047,817)
Cash flows from investing activities
Interest and dividends received			203,914	250,093
Payments to acquire tangible fixed assets Proceeds on sale oftangible fixed assets			(2,908)	(32,684) 749
Payments to acquire fixed asset investments Proceeds on sale offixed asset investments			(198,258) 617,666	(649,851) 2,119,272
Cash provided by investing activities			620,414	1,687,579
Net cash (outflow)/inflow			(625,763)	639,762
Cash and cash equivalents at 1 January	2020		1,299,883	660,121
Cash and cash equivalents at 31 December 2020			674,120	1,299,883
Cash flows from operating activities
Net (expenditure)/income			(885,744)	318,717
Total net assets gifted to
StJoseph's Retreat (Highgate) CIO				(8,559)
Interest and dividends received shown	in investing
activities			(203,914)	(250,093)
Depreciation			104,084	106,454
Loss/(gain) on disposal oftangible fixed assets				2,443
(Gain)/loss on disposal offixed asset investments			(29,788)	218,252
(Gain)/loss on revaluation offixed asset investments			(460,611)	(1,457,766)
(Increase)/decrease in debtors			(28,157)	42,919
increase/(decrease) in creditors			257,953	(28,743)
Creditors gifted to StJoseph's Retreat (Highgate)		CIO		8,559
Cash (used in) operating activities			(1,246,177)	(1,047,817)

ONATION	S AND L	EGACIES
			Unrestricted	Restricted	Total	Total
			Fundsf	Fundsf	2020f	2019f
Collections			16,284		16,284	16,701
Donations			3,732		3,732	10,972
Legacies			32,636		32,636	5,000
Received	from members:
Mass stipends			2,780		2,780	5,720
Received	for pastoral	work	40,352		40,352	40,127
Members'	pensions		45,124		45,124	59,957
			140,908		140,908	138,477

NVESTMENT INCOME
	Unrestricted	Restricted	Total	Total
UK Investments	Funds	Fundsf	2020f	2019f
Listed investments	201,303		201,303	251,658
Interest on bank deposits	535		535	562
Exchange rate variance Rental income	51 2,025		51 2,025	(4,152) 2,025
	203,914		203,914	250,093

NCOME FROM CH	ARITA	BLE ACTIVITIES	BLE ACTIVITIES
		Unrestricted		Restricted	Total	Total
			Fundsf	Fundsf	2020f	2019f
Sundry income			7,829 7,829		7,829 7,829	267 267
UPPORT OF INEMBERS		OF THE CONGREGATION	AND THEIR	ININISTRY
		Unrestricted		Restricted	Total	Total
			Fundsf	Fundsf	2020f	2019f
Staff costs			144,891		144,891	100,557
Property costs Personal living costs Training Expenses of ministry Legal, professional and audit Depreciation Loss on disposal oftangible		fixed assets	83,651 87,542 2,933 75,217 44,811 104,084 543,129		83,651 87,542 2,933 75,217 44,811 104,084 543,129	61,981 144,625 5,706 75,818 48,661 106,454 2,443 546,245

RANTS AND DONATI	ONS
			Unrestricted	Restricted	Total	Total
Bypurpose:			Fundsf	Fundsf	2020f	2019f
Catholic Mission and Ministry
StGemma's Hospice			10,000		10,000	10,000
			10,000		10,000	10,000
Disasters and emergency:		overseas
CAFOD			100,000		100,000
CAFOD —Yemen			10,000		10,000
CAFOD —Zimbabwe			10,000		10,000
			120,000		120,000
Education, Evangelism	and	Communication
Other institutional grants	below f7,000		13,752		13,752
individuals			3,852		3,852	8,206
			17,604		17,604	8,206
Individual: Hardship and destitution
Other institutional grants	below f7,000		1,060		1,060
Individuals			18,380		18,380	4,950
			19,440		19,440	4,950
Passionist Community
Other institutional grants	below f7,000		5,000		5,000
			5,000		5,000
Passionist Partners
Calais Catholic Worker						10,000
Community ofthe Passion			10,000		10,000
Ecological Conversion Group			20,000		20,000	9,600
Green Christian Partners			12,000		12,000	10,000
Independent Catholic News LMC			10,000 20,000		10,000 20,000	10,000 10,000
London Catholic Worker			12,000		12,000	10,000
Minsteracres Retreat Centre			450,000		450,000	120,168
Operation Noah Life						20,000 10,000
Reformed CIC			35,000		35,000	40,000
Other institutional grants	below f7,000		6,030		6,030
			575,031		575,031	249,768
Peace and reconciliation
Other institutional grants	below f7,000		3,280		3,280
			3,280		3,280
Protection ofthe environment
Coal Action Network						18,700
EcoCommunity Other institutional grants	below f7,000		20,000 22,167 42,167		20,000 22,167 42,167	18,700

GRANTS AND DONATIONS	GRANTS AND DONATIONS	GRANTS AND DONATIONS	GRANTS AND DONATIONS	(continued)
					Unrestricted	Restricted	Total	Total
Bypurpose:					Funds	Funds	2020	2019
						E
Solidarity with	Passionist		Congregation
Internationally
Generalate
Congo					12,000		12,000	50,000
India					30,170		30,170
Philippines					5,000		5,000
Tanzania					5,500		5,500	20,000
Ukraine					10,000		10,000	43,767
Other								153,925
House of Mercy					100,000		100,000
					162,670		162,670	267,692
Tackling poverty, exclusion				and marginalisation
CAPs					50,000		50,000	56,000
Catholic Worker	Farm				12,000		12,000	10,000
Other institutional	grants	below		E7,000	94,256		94,256	109,673
					156,256		156,256	175,673
Tackling poverty, exclusion				and marginalisation:
overseas
DEC								10,000
Kinonia Kyrrou Paphos					28,014		28,014
Other institutional	grants	below E7,000			11,000		11,000
					39,014		39,014	10,000
Total Grants					1,150,461		1,150,461	744,989
Other donations					12,095		12,095	16,278
Total Grants and Donations					1,162,556		1,162,556	761,267

Staff costs (note 8)
Auditors' remuneration:	audit
	other services
Depreciation

Total	Total
2020	2019
144,891	100,557
7,490	7,550
8,498	12,691
104,084	106,454

STAFF	COST	S
						2020	2019
						E	E
Wages	and salaries					133,247	92,382
Social security		costs				9,192	6,645
Pension	costs					2,452	1,530
						144,891	100,557
Average	monthly		number	of staff:		No	No
Office staff						10	7
No employees		earned at a rate of more than 260,000 during			the year (2019:none).

TANGIBLE FIXEDASSETS
		Furniture
	Functional	and	Plate and	IIotor
	property	equipment	valuables	vehicles	Total
	E			F
Cost
At 1"January 2020	8,429,410	81,914	82,420	84,396	8,678,140
Additions		2,908			2,908
At 31"December 2020	8,429,410	84,822	82,420	84,396	8,681,048
Depreciation
At 1"January 2020	1,611,345	62,078	24,720	67,084	1,765,227
Charge for the year	92,422	5,686	1,648	4,328	104,084
At31"December 2020	1,703,767	67,764	26,368	71,412	1,869,311
Net book value
At31"December 2020	6,725,643	17,058	56,052	12,984	6,811,737
At 31"December 2019	6,818,065	19,836	57,700	1'7,312	6,912,913

FIXEDASSET INVESTIIE	NTS
			Total	Total
			2020	2019
				E
UK listed investments
At 1"January			7,813,940	8,043,847
Additions at cost			222,043	671,516
Disposals at opening market value			(647,454)	(1,901,020)
Net movement in cash deposits			(23,785)	(21,665)
Net unrealised investment (losses)/gains Market value at31"December			520,187 7,884,931	1,021,262 7,813,940
Historic cost as at31"December			6,616,266	7,041,569
The listed investments are dealt	in on a recognised	stock exchange.

	The listed inve	stments are dealt in on	stments are dealt in on	a recognised stock exchange.
	The following	had a value greater than		5% of the portfolio valuation	at31"December:
						2020	2019
	Sarasin Climate Active Endowments			Fund		4,915,018	4,983,482
12	DEBTORS
						2020	2019
	Prepayments	and accrued income				53,801	25,644
						53,801	25,644
13	CREDITORS: Amounts falling		due within one year			2020 E	2019f
	Accruals and	other creditors				181,327	23,374
14	CREDITORS: Amounts falling one year		due after more than			2020	2019
	Monies held	by Curia on behalf of	other locations			185,084	85,084

2020						Expenditure,
						transfers
			Balance	at		and	Balance at
			1 Jan		Income	gains/losses	31 Dec
			f.			E
Episcopal	Help Fund		53,018			537	53,555
			53,018			537	53,555
2019
Episcopal	Help Fund		54,755			(1,737)	53,018
			54,755			(1,737)	53,018
Purpose	offunds
Episcopal	Help Fund:	assists	in defraying	Bishop's	costs

			Balance at		Balance at
020			1 Jan	Utilised	31 Dec
			E		E
"Beginning Experience" Ignatius Spencer Fund		Fund	30,094 4,395 34,489		30,094 4,395 34,489
ROPERT	Y DESIGNATED FUND
Functional	property at net book value		6,818,065 6,852,554	92,422 92,422	6,725,643 6,760,132

16(a)	DESIGNATED FUNDS
		Balance at		Balance at
	2019	1 Jan	Utilised	31 Dec
		E		E
	"Beginning Experience" Fund Ignatius Spencer Fund	30,094 4,395 34,489		30,094 4,395 34,489
16(b)	PROPERTY DESIGNATED FUND
	Functional property at net book value	6,910,487 6,944,976	92,422 92,422	6,818,065 6,852,554

020						Unrestricted	Funds	Restricted	Total
						General	Designated
Tangible fixed assets						86,094	6,725,643		6,811,737
Investments						7,825,320		59,611	7,884,931
Current assets						699,488	34,489	(6,056)	727,921
Creditors:	amounts	falling	due within	one year		(181,327)			(181,327)
Creditors:	amounts	falling	due after	more	than
one year						185,084			185,084
						8,244,491	6,760,132	53,555	15,058,178

2019							Unrestricted	Funds	Restricted	Total
							General	Designated
							E			F
Tangible fixed assets							94,848	6,818,065		6,912,913
Investments							7,754,866		59,074	7,813,940
Current assets							1,297,094	34,489	(6,056)	1,325,527
Creditors:	amounts	falling	due within		one year		(23,374)			(23,374)
Creditors:	amounts	falling	due	after	more	than
one year							85,084			85,084
							9,038,350	6,852,554	53,018	15,943,922