## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## # ## ## ||||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| ## ##