2021-12-31-accounts

		Page
Trustees' annual report
Independent auditor's report to	the members
Statement offinancial activities
Statement offinancial position		10
Statement ofcash flows
Notes to the financial statements		12
The following pages do not form part ofthe financial statements
Detailed statement offinancial activities		22
Notes to the detailed statement	offinancial activities	24

Reference a	nd adm	inistrative	details	details
Registered	charity	name	Religious ofMary		immaculate
Charity registration		number	238229
Principal oNce			15/16Southwell	Gardens
			London
			SW74RN
The trustees			Sr LAlvares
			SrCArenaz
			Sr I M Gregis
			SrA RTorres
			SrE E Fable
Auditor			Burgess Hodgson		LLP
			Chartered accountants			&statutory	auditor
			Camburgh House
			27 New Dover Road
			Canterbury
			Kent
			CT1 3DN
Bankers			National Westminster			Bank Pic
			88Cromwell Road
			London
			SW74EW
Solicitors			Hunters
			9New Square
			Lincoln's Inn
			London
			WC2A 3QN

	Year ended	31 Decem	ber 2021	ber 2021
			2021		2020
			Unrestricted
		Note	funds 6	Total funds f	Totalfunds 6
Income and endowments
Donations and legacies		4	326,518	328,518	451,923
Investment income		5	65	66	43
Other income		6	5,409,923	5,409,923	7
Total income			5,736,506	5,738,508	451,973
Expenditure
Expenditure on charitable	activities	7,8	521,300	521,300	476,619
Total expenditure			521,300	521,300	476,619
Net income/(expenditure)	and net movement	in funds	5,215,206	5,215,208	(24,646)
Reconciliation offunds
Total funds brought forward			4,123,690	4,123,690	4,148,336
Total funds carried forward			9,338,896	9,338,896	4,123,690

			2021	2020
				5
Cash flows from operating	activities
Net income/(expenditure)			5,215,200	(24,646)
Adjustments for:
Depreciation oftangible fixed assets			19,659	26,320
Government grant income			(13,660)	(26,935)
Other interest receivable and similar income			(65)	(43)
Interest payable and similar	charges		713	1,122
Gains on disposal oftangible fixed assets			(5,409,792)
Accrued expenses			84	2,898
Changesin:
Trade and other debtors			(6,618,555)	(569)
Trade and other creditors			(144,422)	135,639
Cash generated from operations			(6,950,832)	113,786
Interest paid			(713)	(1,122)
Interest received			85	43
Net cash (used inyfrom operating activities			(6,951,280)	1'I2,707
Cash flows from investing	activities
Purchase oftangible assets			(1,909)	(171,464)
Proceeds from sale oftangible assets			8,280,999
Net cash from/(used in) investing activities			8,279,090	(171,464)
Cash flows from financing	activities
Government grant income			13,600	26,935
Net cash from financing activities			13,660	26,935
Net increase/(decrease) in	cash and cash	equivalents	1,341,470	(31,822)
Cash and cash equivalents	at beginning	ofyear	188,611	220,433
Cash and cash equivalents	at end ofyear		1,530,081	188,611

that the pr Donations	epayment will lead toa re and legacies	duction in future p	ayments ora c	ash refund.
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
		5	6	E
Donations
Donations	- Provision ofshelter	255,260	255,260	328,260	328,260
Donations	- General	43,860	43,860	26,092	26,092
Pensions	Income	, 13,818	13,818	12,928	12,928
Laundry Chai gas		(80)	(80)	(1,203)	(1,203)
European.	Province			58,911	58,911
Grants
Government grant income		13,660	13,680	26,935	26,935
		326,518	328,518	451,923	451,923

Other inc	om	e
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					E	8	6	9
Gain on disposal oftangible				fixed
assets held		for charity's own use			5,409,792	5,409,792
Other income					131	131	7	7
					5,409,923	5,409,923	7	7
Expenditure		on charitable		activities by fund type
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					E	6		6
Provision of		hostel and support
services					164,518	164,518	225,042	225,042
Advancement		ofthe Roman		Catholic
Religion					46,932	48,932
Support costs					309,650	309,850	197,033	197,033
					521,300	521,300	476,619	476,619
Expenditure		on charitable		activities by activity type
					Activities
					undertaken	Support	Total funds	Total fund
					directly E	costs E	2021 f	2020 6
Provision df hostel and			support
services					164,518	142,124	308,642	407,229
Advancement		ofthe Roman		Catholic
Religion					46,932		46,932	54,544
Governance		costs				167,726	167,726	14,846
					211,450	309,850	521,300	476,619
Analysis ofsupport costs
						Support
						costs	Total 2021	Total 2020
						8	8	8
Governance	costs					167,726	167,726	14,846
Wages and	salaries					11.1,462	111,462	149,665
Employer's	Nlcs					4,170	4,170	5,211
Telephone						18,873	18,873	20,108
Office costs.						897	897	1,049
Shoes and	clothes					152	152	447
Crockery								28
Health						4,106	4,106	3,320
Bank charges						713	713	1,122
Books, magazines and			newspapers			1,331	1,331	1,208
Support costs		- Health	&safety			420	420	29
						309,850	309,850	197,033

	Net income/(expe	nditure) is s	tated after charging/(crediting):
				2021	2020
				8	8
	Depreciation of	tangible fixed	assets	19,859	26,320
	Gains on disposal oftangible		fixed assets	(5,40$,792)
	Foreign exchange differences				261
11.	Auditors remuneration
				2021	2020
				8	F
	Fees payable for the audit of		the financial statements	2,400	2,000
	Fees payable to	the charity's	auditor and its associates for other services:
	Other non-audit	services		1,580

Staff costs
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2021	2020
			8
Wages and salaries			10$,$36	147,796
Social security costs			4,170	5,211
Employer contributions	to pension	plans	1,526	1,869
			115,832	154,876

14.	Tangible fixed asse	ts
					Land and	Fixtures and		Motor
					buildings		fliting s	vehicles	Equipment		Total
					8			K	8		8
	Cost
	At 1 January 2021			4,051,724			111,226	12,285	383,661		4,558,896
	Additions				1,500				409		1,909
	Dispossls			(2,869,992)			(22,487)	(12,285)	(67,188)	(2,971,952)
	At 31December 2021			1,183,232			88,739		316,882		1,588,853
	Depreciation At 1 January 2021						97,521	12,163	353,692		463,376
	Charge for the year						2,726		17,133		19,859
	Disposals						(21,495)	(12,163)	(67,087)		(100,745)
	At 31December 2021						78,752		303,738		382,490
	Carrying amount
	At 31December 2021			1,183,232			9,987		13,144		1,206,363
	At 31December 2020			4,051,724			13,705	122	29,969		4,095,520
	The Trustees regularly		review		the condition		of ths property.	In view of the ongoing		maintenance
	work invested in the	functional			assets the Trustees believe			that a depreciation charge			would not
	be significant. The carrying			value ofthe		property in the accounts is considered to be				appropriate.
15.	Debtors
									2021 f ~		2020 F
	Other debtors								6,619,124		569
	The debtors above include			the following		amounts falling due		after more than one year:
									2021		2020
									8		F
	Other debtors								6,619,124
16.	Creditors: amounts	falling		due within		one	year
									2021		2020
									6		E
	Accruals and deferred		income						5,782		5,698
	Hostel Room Deposits								8,700		5,801
	Other loans										147,540
	Other creditors								2,190		1,971
									16,672		161,010

	Unrestricted funds
								At
					At		31December
				1	January 2021	Income	Expenditure	2021
					6	6	6	6
	General funds				4,123,690	5,736,506	(521,300)	9,338,896
								At
					Rt		31 December
				1	January 2020 6	Income f	Expenditure	2020
	General funds				4,148,336	451,973	(476,619)	4,123,690
20.	Analysis ofnet assets between			funds
							Unrestricted	Total Funds
							Funds f	2021 6
	Tangible fixed assets						1,206,363	1,206,363
	Current assets						8,149,205	8,149,205
	Creditors less than	1	year				(16,672)	(16,672)
	Net assets						9,338,896	9,338,896
							Unrestricted	Total Funds
							Funds f	2020 f
	Tangible fixed assets						4,095,520	4,095,520
	Current assets						189,180	189,180
	Creditors less than	1	year				(161,010)	(161,010)
	Net assets						4,123,690	4,123,690
21.	Analysis ofchanges		in net debt
						At		At
						1 Jan 2021	Cash flows F	31Dec2021 f
	Cash at bank and in	hand				188,611	1,341,470	1,530,081

	Year ended 31 Dece	mber 2021
			2021	2020
			8	6
Income and endowments
Donations and legacies
Donations - Provision ofshelter			255,260	328,260
Donations - General			43,880	26,092
Pensions Income			13,818	12,928
Laundry Charges			(80)	(1,203)
European Province				58,911
Government grant income			13,660	26,935
			326,518	451,923
Investment Income
Bank interest receivable			65	43
Other income
Gain on disposal oftangible	fixed assets held for charity's	own use	S,409,792
Other income			131
			5,409,923
Total income			5,736,506	451,973
Expenditure
Expenditure on charitable	activities
Food and provisions			16,8$3	21,486
Wages and salaries Employer's NIC '			109,$)8 4,170	147,796 5,211
Pension costs			1,526	1,869
Rates and water			3,$70	3,461
Light and heat			49,571	72,195
Repairs and maintenance			56,107	83,679
Insurance			14,734	13,175
Travel costs			14,718	10,740
Legal and professional fees			167,726	14,565
Telephone			18,873	20,108
Other office costs			897	1,049
Health and safety			420	29
Depreciation			19,859	26,320
Other interest payable and similar charges			713	1,122
Foreign exchange gain/loss				261
Studies and conferences			6,723	6,276
Other charitable donations			29,914	41,297
Books, magazines and newSpapers			1331	1,208
Staffwelfare			3,219 .	4,752
			521,300	476,619
Total expenditure			521,300	476,619

	Ye	ar ended	31 December	2021
				2021	2020
				5	5
Expenditure on charitable activities
Provision ofhostel and support services
Acdv/Ves undertaken dlrectltr
Hostel - Food and provisions				16,893	21,486
Hostel - Rates and water				3,970	3,461
Hostel - Light and heat				49,671	72,195
Hostel - Repairs and maintenance				56,107	63,679
Hostel - Insurance				14,734	13,175
Hostel - Depreciation				19,859	26,320
Hostel - Other charitable expenditure				317	421
Hostel - Cleaning				3,067	4,305
				164,518	225,042
Support costs
Support Hostel - Wages snd salaries				109,936	147,796
Support Hostel - Employer's NIC				4,170	5,211
Support Hostel - Pension costs				1,528	1,869
Support Hostel - Telephone				18,873	20,108
Support Hostel -ONce costs				897	1,049
Support Hostel - Health 8 safety				420	29
Support Hostel - Bank charges				713	1,122
Support Hostel - Crockery					28
Support Hostel - Health				4,106	3,320
Support Hostel - Books, magazines		and newspapers		1.331	1,208
Support Hostel - Shoes and clothes				152	447
				142,124	182,187
Advancement ofthe Roman Catholic Religion
Activities undertaken directly
Advancement -Travel costs				14,718	10,740
Advancement -Studies and conferences				6,723	6,248
Advancement -Other charitable	donations			25,4$1	37,556
				46,$32
Governance costs
Governance costs - audit fees				2,000	2,000
Governance costs - legal and other professional			fees	165,726	12,565
Governance costs - foreign exchange gain/loss					261
				167,726	14,846
Expenditure on charltablsactivtties				521,300	476,619