| The Board | The Board | ofTrustees | P Firth | |||||
|---|---|---|---|---|---|---|---|---|
| Group Captain L Griffin | ||||||||
| Rt Rev Bishop P Mason | (ExOfficio) | |||||||
| Wing Commander | C P | Thorpe | ||||||
| Rev DE Skillen | (ExOfficio) | |||||||
| Group Captain J | McAllister | |||||||
| Principal | Address | Principal RC Chaplain |
RAF, Station | Chaplain | ||||
| The Chaplaincy | Centre | |||||||
| RAF Odiham | ||||||||
| Hook | ||||||||
| Hampshire | ||||||||
| RG29 IQT | ||||||||
| Independent | Examiner | Mark Dickinson | FCA | |||||
| Wise and Co | ||||||||
| Chartered Accountants |
||||||||
| Wey Court West | ||||||||
| Union Road | ||||||||
| Farnham | ||||||||
| Surrey | ||||||||
| GU9 7PT | ||||||||
| Bankers | Royal Bank ofScotland | |||||||
| Holts Farnborough | Branch | |||||||
| 200 Fowler Avenue | ||||||||
| Famborough Business |
Park | |||||||
| Famborough | ||||||||
| Hampshire | ||||||||
| GU14 7JP | ||||||||
| Investment | Managers | BlackRock Investment | Management | (UK) Limited | ||||
| PO Box9036 | ||||||||
| Chelmsford | ||||||||
| Essex | ||||||||
| CM99 2XD |
| Vicariate Headquarters | Trust | The Army Roman Catholic Trust | The Army Roman Catholic Trust |
|---|---|---|---|
| 26 The Crescent | St Michael | and St.George Parish Office | |
| Farnborough | Queens Avenue | ||
| Hampshire | Aldershot | ||
| GU14 7AS | Hampshire | ||
| GU11 2BY | |||
| Royal Navy (Roman | Catholic) Trust | The Roman | Catholic Bishopric ofthe Forces (GB) |
| Royal Navy Catholic | Chaplaincy | Wellington | House |
| The Chaplaincy | St Orner Barracks | ||
| HMS Cogingwood | Aldershot | ||
| Newgate Lane |
Hampshire | ||
| Fareham | GUI I 2BG | ||
| Hampshire | |||
| PO14 1AS |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Total | Total | |||
| Funds | Funds | |||
| Notes | f | f | ||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
201,596 | 197,844 | ||
| General donations and legacies |
408 | 438 | ||
| TOTAL INCOME | 202,004 | 198,281 | ||
| EXPENDITURE | ||||
| Charitable Activities |
||||
| Grants paid | 73,436 | 73,611 | ||
| Other charitable activities |
39,238 | 32,993 | ||
| 112,674 | 106,604 | |||
| TOTAL EXPENDITURE | 112,674 | 106,604 | ||
| NET INCOME/EXPENDITURE | AND NET | |||
| MOVEMENT IN FUNDS BEFORE GAINS |
89,329 | 91,677 | ||
| AND LOSSESON INVESTMENTS | ||||
| Net gains/(losses) on investments |
341,032 | 1,039,514 | ||
| NET MOVEMENT IN FIJNDS BEFORE |
||||
| TRANSFERS | 430,361 | 1,13],191 | ||
| Transfers | ||||
| General unrestricted |
||||
| Designated unrestricted |
||||
| NET MOVEMENT IN FUNDS |
430,361 | 1,131,191 | ||
| RECONCILIATION OF FUNDS |
||||
| FUNDS AT I APRIL 2021 | 6,078,351 | 4,947,160 | ||
| FUNDS AT 31 MARCH 2022 | 6,508,712 | 6,078,351 |
| 2 | Investment | I | ncome | 2022 | 2021 | |
| f. | ||||||
| UK quoted | investments | 201,564 | 197,763 | |||
| Bank interest receivable | 32 | 81 | ||||
| 201,896 | 197,844 | |||||
| 3 | Yoluntary | Income | 2022 | 2021 | ||
| f. | ||||||
| Donations | including | Gift Aid | 408 | 438 | ||
| 408 | 438 | |||||
| Chantable | Activities | |||||
| Grants Paid | 2022 | 2021 | ||||
| HCPT Pilgrimage | 1,000 | |||||
| Bishopric | ofthe Forces | 72,436 | 73,611 | |||
| 73,436 | 73,611 |
| Other Charitable Activities |
2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Lourdes Military Pilgrimage | 7,038 | ||||||
| Falklands Anniversary |
Event | 5,724 | |||||
| Forces Catholic News | 1,900 | 2,017 | |||||
| Sundry | 46 | ||||||
| Principal Chaplain's Pastoral Advisory |
Group and Retreats | 1,217 | |||||
| Printing and Books |
270 | 1,486 | |||||
| PRCC Costs | 2,010 | 2,244 | |||||
| Catholic Truth Society | 1,165 | 300 | |||||
| Subscriptions | 338 | ||||||
| Travel, Subsistence and Accommodation |
2,025 | ||||||
| Chaplains' Dinner |
2,495 | ||||||
| Training and Development |
1,743 | 291 | |||||
| Legal and Professional | 3,180 | ||||||
| Accountancy (see note |
5) | 6,198 | 7,476 | ||||
| Bishopric Website RAF Share | 245 | ||||||
| Chaplain's Assistant Salary, Pension and Expenses |
10,113 | 5,951 | |||||
| Bishopric Medals | 160 | ||||||
| St Clement Danes Church | Flower Sellers Appeal | 2,000 | |||||
| Cliveden Conservation |
2,940 | ||||||
| Grants and Donations | 1,054 | 604 | |||||
| 39,238 | 32,993 | ||||||
| Paid out ofdesignated | fund | ||||||
| Paid out ofgeneral unrestricted | fund | 39,238 | 32,993 | ||||
| 39,238 | 32,993 | ||||||
| 5 | Accountancy | 2022 f |
2021f | ||||
| Accountancy and Secretarial |
3,735 | 3,705 | |||||
| Bookkeeping Fees | 288 | 1,596 | |||||
| Independent Examination |
Fees | 2,175 | 2,175 | ||||
| 6,198 | 7,476 |
| ROYAL AIR | F | OR | C | E ROMAN CATHOLIC CHURCH PURPOSES | FUND | ||
|---|---|---|---|---|---|---|---|
| Page 12 | |||||||
| NOTES TO THE FINANCIAL STATEMENTS | |||||||
| FOR | THE YEAR ENDED 31 MARCH 2022 | ||||||
| 7 | Investments | 2022 f |
2021 f |
||||
| Listed Investments | |||||||
| Armed Forces Common Investment |
Fund | 6,159,776 | 5,818,744 | ||||
| Movement in Market Value |
|||||||
| Market value at I April 2021 |
5,818,744 | 4,779230 | |||||
| Acquisitions at cost |
|||||||
| Net gains/(losses) on revaluations |
in | the year ended 31March 2022 | 341,032 | 1,039,514 | |||
| Market value at 31 March 2022 | 6,159,776 | 5,818,744 | |||||
| Historical cost at 31 March 2022 |
4,347,644 | 4,347,644 | |||||
| 8 | Debtors | 2022 | 2021 | ||||
| f | f | ||||||
| Income Tax Recoverable - Gitt Aid | 558 | 490 | |||||
| 558 | 490 | ||||||
| 9 | Creditors: Amounts falling due |
within | one year | 2022 | 2021 | ||
| f | f | ||||||
| Accruals | 2,975 | 2,975 | |||||
| Deferred Income - Camino Pilgrimage | 5,914 | ||||||
| Nct Wages Creditor | 779 | 483 | |||||
| PAYE/NI Creditor |
42 | 352 | |||||
| Pension Creditor | 22 | 22 | |||||
| 9,732 | 3,832 |
| Total Funds | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Fund balances at 31 | March are | represented | by: | |||||
| Investments | 6,159,776 | 5,818,744 | ||||||
| Net Current | Assets | 348,936 | 259,607 | |||||
| 6,508,712 | 6.078,351 | |||||||
| Total funds | (Unrestricted) | 6,508,712 | 6,078,351 | |||||
| Split ofunrestricted | funds | |||||||
| Designated | 49,800 | 49,800 | ||||||
| General | 6,458,912 | 6,028,551 | ||||||
| 6,508,712 | 6,078,351 | |||||||
| The designated fund |
was | set up by the Trustees for Former Chaplains' | Welfare. | |||||
| Designated | fund balance | at 1 April 2021 | 49,800 | 49,800 | ||||
| Transferred | from general | unrestricted | ||||||
| Expenditure | - Other | Charitable | Activities | |||||
| Designated | fund balance | at 31 | March 2022 | 49,800 | 49,800 |