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2021-03-31-accounts

DIRECTORS AND ADVISORS. ..
REPORT OF THE TRUSTEE.
TRUSTEE'S RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS. ..... . . 25
INDEPENDENT AUDITOR'S
REPORT TO THE
TRUSTEE OF THE LEEDS DIOCESAN TRUST..... ....26
CONSOLIDATED
STATEMENT OF FINANCIAL
ACTIVITIES 2021. .31
CONSOLIDATED
STATEMENT OF FINANCIAL
ACTIVITIES 2020. .32
CONSOLIDATED
BALANCE SHEET AND CHARITY BALANCE SHEET
CONSOLIDATED
CASH FLOW STATEMENT. .
.34
NOTES TO THE FINANCIAL STATEMENTS. .3S

2021 2020
E'000 E'000
Parishes
Income 5,802 7,788
Expenditure (5,194) (6,865)
608 923
Diocesan Assessment (1,296) (1,387)
Transfers (15) (106)
Deficit (703) (570)
Net Gains on the Sale and
Revaluation ofAssets 3,151 4,084
Increase in Reserves 2,448 3,514
Curia
Income 2,636 3,516
Diocesan Assessment 1,296 1,387
Transfers 15 106
Expenditure (4,216) (5,023)
Deficit (269) (14)
Net Gains/(Losses) on the Sale and
Revaluation ofAssets 3,416 (1,346)
Increase/(Decrease) in Reserves 3,147 (1,360)
Total Group Increase in Reserves 5,595 2,154

Group
2021 2020 2021 2020
Note F.'000 B000 6'000 E'000
Fixed Assets
Tangible Assets 12 30,933 30,811 29,587 29,385
Investment
Properties
13 12,939 9828 11,739 8928
Investments 14 14,669 11,471 16,984 12,974
Total Fixed Assets 58,441 52 110 58,310 51,287
Current Assets
Inventores 4 7
Debtors 15 1,083 830 1,178 1,607
Cash al Bank and
in
Hand 2,077 2 134 2,066 2,123
Total Current Assets 3,164 2,971 3,244 3,730
Current
Liabilities
Credxors
and Accrued Expenses
16 (4,828) (3,899) (4,777) (3835)
Creditors; Amounts falling due within one year (4,828) (3,899) (4,777) (3,835)
Net Current
(Liabilities)
(1,664) (928) (1,533) (105)
Net Assets 56,777 51,182 56,777 51,182
The Funds ofthe Charity:
unrestncted
Funds
- Designated
Funds
19 37,348 35,172 37,348 35,172
—General
Funds
19 9,760 7,705 9,760 7,705
Restncted
Funds
19 8,646 7,284 8,646 7,284
Permanent
Endowments
19 1,023 1.021 1,023 1,021
Total Charity Funds 56,777 51,182 56,777 51,182

2021 2020
6'000 E000
Cash Flows from Operating
Activities
Net Movement
in Funds
5,595 2.154
Adiusted
for
Deprecation
Charges
679 629
Revaluation
of Investment
Properties
(2,606) (4,340)
Gam on Disposal of Investment
Properties
(43)
Gain on Disposal of Fixed Assets (745) (8)
Net (Gains)/Losses
on Investments
(3,173) 1.610
Investment
Income
(630) (800)
(Increase)
/ Decrease
in Debtors
(253) 92
Increase
in Creditors
929 15
Decrease
/ ( Increase) Inventones
3 (2)
Other non cash Expenditure 124 80
Net Cash used
in Operating
Activities
(120) (570)
Cash Flows from Investing
Activities
Proceeds
from the Disposal of Fixed Asset Investments
281 1 440
Payments
to Acquire Fixed Asset Investments
(40)
Investment
Properties
Income
345 393
Proceeds
from the Sale ofTangible
Fixed Assets 755 164
Proceeds
from the Sale of Investment
Properties 488
Proceeds
from the Sale ofAssets
Held for Sale
Payments
to Acquire Tangible Fixed Assets
Net Cash provided
by Investing
Activities
~806)
63
750
(1,669)
1.038
Net (Decrease)
/ Increase
In Cash and Cash Equivalents
(57) 468
Cash and Cash Equivalents
at the
beginning of year 2,134 1 666
Cash and Cash Equivalents
at the
end of year 2,077 2.134
Analysis of Net Cash
2021 Movement 2020 I/bvement 2019
E000 6'000 F'000 E000 E000
Cash at Bank and
in Hand
2,077 67 2,134 468 1,666

2021
Parishes Curls ~Grou
Penna nent
Designated Restncted Total unrestncted Restricted Endovrnent Total Total
Funds Funds Funds Funds Funds Funds Funds Funds
D000 E'000 E'000 6'000 5'000 E'000 F.'000 5'000
Offertones 1,226 3,226 14 14 3,240
Donations and Grfts 220 220 101 2 136 356
Votrves 69 59 1 1 60
Eegames 301 301 30 25 55 366
Gift nxl Tax Refunds 664 664 33 33 697
Pansh Protects 117 117 117
Parnh Second Cogectons 84 84 84
Diocesan Second Cdtectssns 34 34 34
Nauonaf Second Cdlecsons 46 46 46
Grants 116 413 629 394 860 1,389
Other 33 33 33
Total 4,619 694 6,313 562 635 2 1,099 6,412
2020
Panshes Cuna ~Grou
Permanent
Designated Restncted Total unrestrxted Restncted Endovment Total Total
Funds Funds Funds Funds Funds Funds Funds Funds
E000 E000 E'000 E'000 E'000 E'000 E'000 E'000
Offertones 4 159 4 159 10 10 4 169
Donahons and Gdts 267 267 148 157 35 340 607
Votiilas 267 267 1 1 268
Legacies 209 209 147 11 158 367
Cxh Ad Tax Refunds 791 791 40 40 831
Pansh Proiects 156 156 156
Pansh Second Cogectons 184 184 184
Diocesan Second Cdtectrons 116 116 116
Nahonal Second Co5echons 197 197 197
Grants 234 234 313 313 547
Other 137 137 137
Total 5830 887 6 717 335 492 35 662 7 579

2021 2020
8'000 8'000
School Conlnbution Scheme 305 326
Music Contnbution Scheme 124 146
Youth Pttgnmages 172
Conference Fees 6 39
Cemetery Fees 321 287
Other 102 118
Total 858 1,088

2021 2021
Unrestricted Restricted Permanent Total
Fund Fund Endowment Funds
Fuiicl
E'000 C000 E'000 e000
Income ansing from
Investment Properties 340 5 345
Listed Investments 136 124 26 285
Total 476 129 26 630
2020 2020
Unrestncted Restncted Permanent Total
Fund Fund Endowment Funds
Fund
E'000 E'000 E'000
Income arising from
Investment Properties 387 6 393
Listed Investments 196 174 37 407
Total 583 180 37 800

2021 2020
C000 E'000
Interest Payable 4 10
Investment Management Fees 77 80
Htnsley Properties Limited Expenditure 680 1,016
Total 761 1,106

2021
Arms ofthe Charity
Advancement Promotion
of
of Catholic Catholic Care of Maintenance
Religion Teaching Priests of Properties Total
E'000 E'000 E'000 E'000 E'XO
Parishes Grants Payable 38 38
Other Direct Costs 492 14 1,166 2,655 4,327
Support Costs 101 3 223 502 829
Total 631 17 1,389 3,157 5,194
Curia Grants Payable 95 33 340 468
Other Direct Costs 356 839 367 384 1,946
Support Costs 194 376 305 166 1,041
Total 645 1,248 1,012 550 3,455
Total Grants Payable 133 33 340 506
Other Direct Costs 848 853 1,533 3,039 6,273
Support Costs 295 379 528 668 1,870
Total 1,276 1,265 2,401 3,707 8,649
2020
Arms ofthe Chanty
Advancement
of
Proril otlofl of
Catholic Cathok Care of Maintenance
Rehgion Teaching Priests of Properties Total
E'000 E'000 D000 E'000 E'000
Parishes Grants Payable 29 29
Other Direct Costs 1,441 1,301 3111 5,897
Support Costs 224 198 510 939
Total 1.694 51 1 499 3.621 6865
Curia Grants Payable 118 33 360 511
Other Direct Costs 364 1 187 418 427 2 396
Support Costs 169 426 272 143 1 010
Total 651 1,646 1,050 570 3917
Total Grants Payable 147 33 360 540
Other Direct Costs 1 805 1,231 1,719 3538 8,293
Support Costs 393 433 470 653 1.949
Total 2.345 1,697 2,549 4,191 10782

2021 2020
Grants to
Institutions Individuals Total Total
E'000 f.'000 E000 f'000
Catholic Trust for England and Wales 67 67 71
Catholic Education Service 33 33 33
Clergy Retirement Grants 317 317 335
Seminanan Grants 23 23 25
Peru Mission 18 18 47
Local Organisations 48 48 29
166 340 506 540

Clergy Allowances
Parishes Curia Total
E'000 6'000 6'000
2021 606 153 759
2020 701 151 852

Staff cost s comp rise the following
2021 2020
Parishes Curia Total Total
f.'000 6'000 6'000 E'000
Salanes and Wages 500 1,311 1,811 1.868
Employers' National Insurance 65 126 191 176
Pension Costs 6 86 92 66
Gross Employment Costs 571 1,523 2,094 2.110
Coronavirus Joh Retention Scheme Grant (116) (349) (465)
455 1,174 1,629 2.110

2021 2020
660,001 to 670,000 2 2
670,001 to f80,000
F80,001 to 690,000 1 1
3 3

Total Diocesan Employees Total Diocesan Employees
Parishes Curia Total
2021 82 65 147
2020 125 68 193

2021 2020
E'000 E'000
Auditor's Remuneration
—audit services 21 21
- other services 1 1
Depreciation
ofOwned Assets
679 629
Operating Lease Rentals 40 40
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Chari Subsidiary Group
Parishes Curia Total Total
6'000 f.'000 6'000 5'000 6'000
Cost or valuation
At 1 Apnl 2020 4,786 4,142 8,928 900 9828
Disposals (250) (195) (445) (445)
Revaluations 2,277 29 2,306 300 2,606
Transfers 132 818 950 950
At 31 March 2021 6,945 4,794 11,739 1,200 12,939
Depreciation and impairments
At 1 April 2020 and 31 March 2021
Net book value at 31 March 2021 6,945 4,794 11,739 1,200 12,939
Net book value at 1 Apul 2020 4,786 4,142 8,928 900 9828

Listed Investments Listed Investments
2021 2020
8'000 E'000
Movement in Ftved Asset Investments
Market value at 1 Apnl 11,471 14,154
Investment Income 285 407
Net Unreahsed
Gain/(Loss)
on Revaluabon 2,832 (1,996)
Net Realised Gains
in
the Year 341 386
Investment Managers' Costs Deducted from Investments (79) (80)
Addition
to
Investments 40
Withdrawn from Investments (281) (1,440)
Market Value at 31 March 14,569 11471
Analysis
of
Market Value of Investment by Type
Equibes 10,427 8,040
Bonds 2,321 2,087
Properties 212 149
Alternative Investments 1,301 1,086
Cash 308 109
Market Value at 31 March 14,569 11,471
Within the United
Kingdom
8,074 7,178
Outside the United
Kingdom
6,495 4,293
Market Value at 31 March 14,569 11471
Analysis of Market Value by Fund
Unrestncted 9,014 6,075
Restncted 4,532 4,375
Permanent
Endowment
1,023 1,021
Market Value at 31 March 14,569 11,471
Htstonc Cost of Investments 10,876 10640

2021 2020
6'000 L'000
Listed Investments (see Note 14(a) above) 14,569 11,471
Investment in Subsidiary Companies 2,415 1,503
16,984 12,974

2021 2020
6'000 E'000
Turnover 34 793
Cost ofSales (437) (585)
Administrative Expenses (253) (391)
Other Operating Income 308
Rent paid to the Parent Undertaking (40) (40)
Operating
Loss
(388) (223)
Revaluation 300
Loss for the Financial Year (88) (223)

2021 2020
5'000 0000
Fixed Assets 2,546 2.326
Net Current
Liabilities
Total Assets
~131)
2,415
(823)
1,503
Called up Share Cafxtal 1,500 1,500
Profit and Loss Account 915 3
Equity Shareholders' Funds 2,415 1,503

2021
Charity Subsidiary Group
e000 e000 D000
Trade Debtors 124 2 126
Gift Ad Tax Recoverable 450 450
Other Debtors and Prepayments 290 53 343
Grants Receivable 164 164
Amounts due from/(by) Subsdiary Company 150 (150)
1,178 (95) 1,083
2020
Chanty Subsidiary Group
E'000 6000 D000
Trade Debtors 219 37 256
Gxt Ad Tax Recoverable 359 359
Other Debtors and Prepayments 177 38 215
Amounts due from/(by) Subsidiary Company 852 (852)
1,607 (777) 830

2021
Charity Subsidiary Group
000 6000 6000
Trade Creditors 4,287 34 4,321
Other Tax and Social Secunty 34 3 37
Accruals
and Deferred Income
292 11 303
Other Creditors 164 3 167
4,777 51 4,828
2020
Chanty Subsidiary Group
6000 6000 6000
Trade Creditors 3.438 20 3458
Other Tax and Social Secunty 36 27 63
Accruals
and Deferred Income
165 15 180
Other Creditors 196 2 198
3.835 64 3,899

2021 2020
Charity Subsidiary Group Group
5'000 5'000 5'000 9000
Expiry date
Within one year 40 50 90 49
Between two and five years 47 177 224 100
87 227 314 149

For the year ended 31 March 2021
At 1 April Investments At 31 March
2020 Income Expenditure Transfers Gains/(Losses) 2021
E"000 f.'000 E'000 E'000 E'000 E'000
Parishes - Designated Funds 35,172 5,103 (4,696) (1,296) 3,065 37,348
Cuna
Cuna
Cuna
-
-
-
Designated
Funds
General Funds
Unreslncted
Funds
2,781
4,924
7,705
1,950
1,950
(83)
3,565)
(3,648)
1,243
1,243
2,510
2,510
2,698
7,062
9,760
Total Group 42,877 7,053 (8,344) (53) 5,575 47,108
For the year ended 31 March 2020 For the year ended 31 March 2020 For the year ended 31 March 2020
At 1 Apnl Investments At 31 March
2019
f.'000
Income
f.'000
Expenditure
E'000
Transfers
E'000
Gains/(Losses)
E'000
2020
E'000
Panshes - Designated Funds 31,531 6891 (5,989) (1 387) 4,126 35,172
Cuna - Designated Funds 2,864 (83) 2.781
Cuna
Cuna
-
-
General Funds
Unrestncted
Funds
5,942
8,806
2,610
2,610
(4,100)
(4,183)
1,357
1,357
885
(885)
4,924
7,705
Total Group 40,337 9,501 10,172 30) 3,241 42,877

For the year ended 31 Marcii 2021
Parishes At 1 April
2020
E'000
Income Expenditure Transfers
Investments
Gains/(Losses)
E'000
E'000
At 31 March
2021
E'000
Pansh
Fundraising
Batiey Carr Cockrem
Fund
236
294
694
5
(498) (15) 86 417
385
Total Parishes 530 699 (498) 15) 86 802
Curia
Pnests'
Retirement
Fund
Peru lass ion Fund
Poor Mission
Fund
Episcopal Mensa Fund
Pastoral Development
Fund
St Patnck s Mission Church
Pnests'
Training
Fund
National Schools Singxig Programme
Other Funds
Total Curia
5,667
168
336
234
84
159
6,754
120
6
I
1
52
58
375
46
659
(317)
(18)
(13)
(16)
(14)
(75)
(543)
68 18
906
6,361
160
338
64
32
272
73
375
169
7,844
Total Restricted
Funds
7,284 1,358 (1,041) 53 992 8,646
For the year ended 31 March 2020
Parishes At 1 April
2019
f.'000
Income
C000
Expenditure
E'000
Transfers
Investments
Gains/ILosses)
f.'000
E'000
At 31 March
2020
f.'000
Pansh Fundraisrig
Batley Carr Cockrem
Fund
331
326
887
10
(876) (106) (42I 236
294
Total Parishes 657 897 (876) (106) (42) 530
Curia
Pnests
Retirement
Fund
Peru klssion Fund
Poor lvlssion
Fund
Etxscopal Mensa Fund
Pastoral Development
Fund
SIPatnck's kfssen Church
Pnests'
Training
Fund
Other Funds
Total Curia
6 194
170
317
75
64
95
IG3
7 078
239
23
1
I
255
86
229
834
(335)
(47)
(13)
1161
(21)
(1251
(246
(803i
25
22
18
28
13
106
(4561
151
(461)
5 667
168
336
58
48
234
84
159
G 754
Total Restricted
Funds
7 735 I 731 11 6791 1503) 7 284

For the year ended 31 March 2021
Curia At 1 April At 31 March
2020 Income Expenditure Transfers 2021
E'000 E'000 E.'000 E'000 E'000
Pnests' 1raining Fund 750 19 (19) 750
Poor Missioli Fetid
Leeds Cathedral
Mtstc Fund
82
148
2
5
(2)
(3)
82
150
Mass Intentions Account 41 1 (1) 41
Total Endowment
Funds
1,021 27 25 1,023
For the year ended 31 March 2020
Cuna At I Apnl At 31 March
2019 Income Expenditure Transfers 2020
E'000 E'000 E'000 C000 E'000
Pnests'
Training
Fund 750 29 (29t 750
Poor Mission
Fund
Leeds Cathedral
Irttstc Fund
82
83
3
38
(3)
(3)
30 82
148
Mass Intenhons Account 41 2 (2) 41
Total Endowment Funds 72 (37 30 1.021
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