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2022-03-31-accounts

Directors and Advisors.
Report ofthe Trustee
Trustee's
Responsibilities
in relatIon to the Financial Statements. ... .......... ....25
Independent Auditor's
Report to the
Trustee ofthe Leeds Diocesan Trust. ... ..26
Consolidated Statement of Financial Activities 2022. 31
Consolidated Statement of Financial Activities 2021. 32
Consolidated Balance Sheet and Charity Balance Sheet .. 33
Consolidated Cash Flow Statement. 34
Notes to the Financial Statements. . 35

2022 2021
6'000 E000
Parishes
Income 8,699 5,802
Expenditure (5,998) (5,194)
2,701 608
Diocesan Assessment (1,153) (1,296)
Transfers 25 (15)
Surplus/(Deficit) 1,573 (703)
Net (Losses)/Gains
on
the Sale and
Revaluation ofAssets (439) 3,151
Increase in Reserves 1,134 2,448
Curia
Income 3,653 2,636
Diocesan Assessment 1,153 1,296
Transfers (25) 15
Expenditure (5,896) (4,216)
Deficit (1,115) (269)
Net Gains on the Sale and
Revaluation ofAssets 1,282 3,416
Increase in Reserves 167 3,147
Total Group Increase in Reserves 1,301 5,595

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CONSOLIDA T ED
BALANCE SHEET
AND C HARITY BAL HARITY BAL ANCE SHEET ANCE SHEET
Group Charity
2022 2021 2022 2021
Note f.'000 E000 F000 E'000
Fixed Assets
Tangible Assets 13 30,059 30,933 28,779 29,587
Investment
Properties
14 11,615 12,939 10,415 11,739
Investments 15 15,047 14,569 17,210 16,984
Total Fixed Assets 56,721 58,441 56,404 58,310
Current Assets
Inventories 8 4
Debtors 16 2,737 1,083 3,020 1,178
Cash at Bank and in Hand 3,596 2,077 3,556 2,066
Total Current Assets 6,341 3,164 6,576 3,244
Current
Liabilities
Creditors
and Accrued Expenses
17 (4,984) (4,828) (4,902) (4,777)
Creditors: Amounts falling due within one year (4,984) (4,828) (4,902) (4,777)
Net Current
Assets/(Liabilities)
1,357 (1,664) 1,674 (1,533)
Total Assets less Current Assets/(Liabilities) 58,078 56,777 58,078 56,777
Total Net Assets 58,078 56,777 58,078 56,777
The Funds ofthe Charity:
Unrestricted
Funds
— Designated
Funds
20 38,480 37,348 38,480 37,348
— General Funds 20 9,989 9,760 9,989 9,760
Restncted
Funds
20 8,586 8,646 8,586 8,646
Permanent
Endowments
20 1,023 1,023 1,023 1,023
Total Charity Funds 58,078 56,777 58,078 56,777

2022 2021
6'000 C000
Cash Flows from Operating Activities
Net Movement
in Funds
1,301 5,595
Adjusted
for:
Deprecation
Charges
682 679
Impairment
Charges
718
Revaluation
of Investment
Properties (337) (2,606)
Gain on Disposal of Investment Properties (71) (43)
Gain on Disposal of Fixed Assets (745)
Net Gains on Investments (435) (3,173)
Investment
Income
(582) (630)
Increase
in Debtors
(1,654) (253)
Increase
in Creditors
156 929
(Increase)/Decrease
in Inventones
(4) 3
Other non cash Expenditure 94 124
Net Cash provided
used
in Operating Activities (132) (120)
Cash Flows from Investing Activities
Proceeds from the Disposal of Fixed Asset Investments 181 281
Investment
Properties
Income
264 345
Proceeds from the Sale of Tangible Fixed Assets 755
Proceeds from the Sale of Investment Properties 1,732 488
Payments
to Acquire Tangible
Fixed Assets (526) (1,806)
Net Cash provided
by Investing
Activities 1,651 63
Net Increase/(Decrease) in Cash and Cash Equivalents 1,519 (57)
Cash and Cash Equivalents at the beginning ofyear 2,077 2,134
Cash and Cash Equivalents at the end ofyear 3,596 2,077
Analysis of Net Cash
2022 Movement 2021 Movement 2020
f.'000 F'000 f.'000 P000 f.'000
Cash at Bank and in Hand 3,596 1,519 2,077 (57) 2,134

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2022 2021
E'000 f'000
School Contribution Scheme 284 305
Music Contnbutlon Scheme 134 124
Conference Fees 8 6
Cemetery Fees 289 321
Other 124 102
Total 839 858

2022 2022
Unrestricted Restricted Permanent Total
Funds Funds Endowment Funds
Funds
f.'000 f.'000 f'000 f.'000
Income arising from
Investment Properties 259 5 264
Listed Investments 160 130 28 318
Total 419 135 28 582
2021
Unrestricted Restricted Permanent Total
Fund Fund Endowment Funds
Fund
f.'000 f'000 f.'000
Income ansing from:
Investment Properties 340 5 345
Listed Investments 136 124 25 285
Total 476 129 25 630

2022 2021
6'000 f.'000
Interest Payable 4
Investment IManagement Fees 85 77
Hinsley Properties Limited Expenditure 901 660
1otal 986 761

2022
Aims ofthe Charity
Advancement Promotion of
ofCatholic Catholic Care of Maintenance
Religion Teaching Priests ofProperties Total
6000 E'000 E.'000 E'000 E000
Parishes Grants Payable 26 26
Other Direct Costs 865 37 1,242 2,987 5,131
Support Costs 146 6 204 485 841
Total 1,037 43 1,446 3,472 5,998
Curia Grants Payable 108 683 322 1,113
Other Direct Costs 251 1,051 355 381 2,038
Support Costs 119 573 223 126 1,041
Total 478 2,307 900 507 4,192
Total Grants Payable 134 683 322 1,139
Other Direct Costs 1,116 1,088 1,597 3,368 7,169
Support Costs 265 579 427 611 1,882
Total 1,515 2,350 2,346 3,979 10,190
2021
Atm s ofthe Cherty
Advancement
of
Promotion of
Catholic Catholic Care of Maintenance
Religion Teaching Priests of Propenies Total
E'000 e000 E'000 E'000 E'000
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 1389 3157 5194
Curia Grants Payable 95 33 340 468
Other Direct Costs 356 839 367 384 1,946
Suppon 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

2022 2021
Grants to
Institutions Individuals Total Total
f'000 0000 f.'000 f.'000
Catholic Dioceses in the United Kingdom 650 650
Catholic Trust for England and Wales 56 56 67
Catholic Education Service 33 33 33
Clergy Retirement Grants 295 295 317
Seminarian
Grants
27 27 23
Peru Mission 52 52 18
Local Drganisations 26 26 48
817 322 1,139 506
Grants paid to institutions are paid as a contribution to the running costs of charities with
objectives similar to those ofthe Leeds Diocesan Trust. There were 41 (2021:46)grants given
for the benefit of Retired Clergy amounting tof295k (2021:8317k).
9. CLERGY COSTS
Clergy Allowances
Parishes
Curia
. Total
f'000
6'000
f.'000
2022 689
149
838
2021 606
153
759

Staff cost s com prise the following:
2022 2021
Parishes Curia Total Total
f'000 f.'000 f.'000 7'000
Salanes and Wages 482 1,311 1,793 1,811
Employers' National Insurance 62 126 188 191
Pension Costs 6 86 92 92
Gross Employment Costs 550 1,523 2,073 2,094
Coronavirus Job Retention Scheme Grant (20) (81) (101) (465)
530 1,442 1,972 1,629

2022 2021
260,001 to L70,000 2 2
680,001 to 890,000 1 1
3 3

The average weekly
numb
er
offull-time
and part-time
employees
is anal
er
offull-time
and part-time
employees
is anal
ysed
Total Diocesan Employees
Parishes Curia Total
2022 94 65 159
2021 62 65 147

2022 2021
f'000 F'000
Auditor's Remuneration
—audit services 21 21
-other services 1 1
Depreciation
ofOwned Assets
882 679
Impairment
ofOwned Assets
718
Operating Lease Rentals 40 40
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Charity Subsidiary Group
Parishes Curia Total Total Total
B000 B000 E'000 E'000 E'000
Cost or valuation
At 1 April 2021 6,945 4,794 11,739 1,200 12,939
Disposals (589) (1,072) (1,661) - (1,661)
Revaluations 506 843 337 337
At 31 March 2022 5,850 4,565 10,415 1,200 11,615
Depreciation and impairments
At 1 April 2021 and 31 March 2022
Net Book Value 31 March 2022 5,850 4,565 10,415 1,200 11,615
Net BookValue 1 Apnl 2021 6,945 4,794 11,739 1,200 12,939

Listed Investments
2022 2021
F'000 E'000
Movement
in Fixed Asset Investments
Market value at 1 Apnl 14,569 11,471
Investment
Income
318 285
Net Unrealised
Gain/on
Revaluation
350 2,832
Net Realised Gains
in the Year
78 341
Investment
Managers'
Costs Deducted
from Investments (87) (79)
Withdrawn
from Investments
(181) (281)
Market Value at 31 March 15,047 14,569
Analysis
of Market Value of Investment
by Type
Equities 9,983 10,427
Bonds 2,488 2,321
Properbes 361 212
Alternative
Investments
1,540 1,301
Cash 675 308
Market Value at 31 March 15,047 14,569
Analysis
of Market Value of Investments
between those held within and outside the United Kingdom
Within the United
Kingdom
8,386 8,074
Outside the United
Kingdom
6,661 6,495
Market Value at 31 March 15,047 14,569
Analysis
of Market Value by Fund
Unrestncted 8,270 9,014
Restricted 5,754 4,532
Permanent
Endowment
1,023 1,023
Market Value at 31 March 15,047 14,569
Historic Cost of Investments 10,979 10,876

2022 2021
6'000 E'000
Listed Investments (see Note 15(a)above) 15,047 14,589
Investment in Subsidiary Companies 2,163 2,415
17,210 18,984

2022 2021
6'000 E'000
Turnover 614 34
Cost ofSales (536) (437)
Administrative Expenses (376) (253)
Other Operating Income 86 308
Rent paid to the Parent Undertaking (40) (40)
Operating
Loss
(252) (388)
Revaluation 300
Loss for the Financial Year (252) (88)

2022 2021
6'000 E'000
Fixed Assets 2,480 2,546
Net Current
Liahihties
(317) (131)
Total Assets 2,163 2,415
Called up Share Capital 1,500 1,500
Profit and Loss Account 663 915
Equity Shareholders' Funds 2,163 2,415

16.
DEBTORS
2022
Charity Subsidiary Group
6'000 L"000 L'000
Trade Debtors 139 54 193
Gift Aid Tax Recoverable 321 321
Legacies Receivable 1,727 1,727
Grants Recewable 162 162
Other Debtors and Prepayments 314 20 334
Amounts
due from/(by)
Subsidiary Company 357 (357)
3,020 (283) 2,737
2021
Charity Subsidiary Group
F'000 F'000 F'000
Trade Debtors 124 2 126
Gift Aid Tax Recoverable 450 450
Other Debtors and Prepayments 290 53 343
Grants Receivable 164 164
Amounts
due from/(by)
Subsidiary Company 150 (150)
1,178 95 1,083

2022
Charity Subsidiary Group
F.'000 F'000 L"000
Trade Creditors 4,530 37 4,567
Other Tax and Social Security 36 27 63
Accruals
and Deferred Income
74 15 89
Other Creditors 262 3 265
4,902 82 4,984
2021
Chanty Subsidiary Group
F'000 F'000 F'000
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

2022 2021
Charity Subsidiary Group Group
E'000 E'000 E'000 E'000
Expiry date
Within one year 43 52 95 90
Between two and five years 82 170 252 224
125 222 347 314

For the year ended 31 March 2022 31 March 2022
At 1 April Investments At 31 March
2021 Income Expenditure Transfers Gains/(Losses) 2022
E'000 E'000 E'000 F.'000 E'000 E'000
Panshes - Designated Funds 37,348 7,457 (4,726) (1,153) (446) 38,480
Cuna - Designated Funds 2,698 (69) 2,629
Cuna - General Funds 7,062 2,237 (4,228) 1,153 1,136 7,360
Cuna - Unrestncted Funds 9,760 2,237 (4,297) 1,153 1,136 9,989
Total Unrestricted Funds 47,108 9,694 (9,023) 690 48469
For the year ended 31 March 2021
At 1 Apnl Investments At 31 March
2020 Income Expenditure Transfers Gains 2021
E'000 S000 E'000 E'000 F'000 C000
Panshes - Designated Funds 35,172 5,103 (4,696) (1,296) 3,065 37,348
Curia Designated Funds 2,781 (83) 2,698
Cuna - General Funds 4 924 I 950 3565 1243 2510 7062
Cuna - Unrestncted Funds 7,705 1,950 (3,648) 1,243 2,510 9,760
Total Unrestricted Funds 42,877 7,053 (8,344) (53) 5,575 47,108

For the year ended 31 March 2022 the year ended 31 March 2022
At I April Income Expenditure Transfers Investments At 31March
2021 Gains 2022
E'000 6'000 6'000 f.'000 F.'000 6'000
Parishes
Pansh
Fundraising
417 898 (987) 76 404
Second Collections 336 (285) (51)
Bagey Carr Cockrem Fund 385 8 400
Total Parishes 802 1,242 1,272 25 804
Curia
Pnesls' Retirement Fund 6,361 312 (502) 11 146 6,328
Peru 84ssion Fund 160 11 (52) 8 127
Poor 54ssion Fund 338 8 (67) 279
Episcopal Mensa Fund 64 I 65
Pastoral
Development
Fund 32 32
St Patnck's
kdssion
Church 272 41 (8) 305
Priests' Training
Fund
73 54 (79) 15 63
National Schools Singing Programme 375 815 (880) 310
Other Funds 169 140 (44) 273
Total Curia 7,844 1,382 (1,565) (25) 146 7,782
Total Restricted
Funds
8,646 2,624 (2,837) 153 8,586
For the year ended 31 March 2021
At I April Income Expenditure Transfers Investments At 31 March
2020 Gains 2021
6'000 C000 6'000 C000 6000 F.'000
Parishes
Pansh
Fundraising
236 694 (498) (15) 417
Batley Carr Cockrem Fund 294 5 86 385
Total Parishes 530 699 (498) (15) 86 802
Curia
Priests' Retirement Fund 5,667 120 (317) 888 6,361
Peru Mission Fund 168 6 (18) 160
Poor Ivlssion
Fund
336 I 338
Episcopal Mensa Fund 58 1 (13) 18 64
Pastoral
Development
Fund 48 (16) 32
St Patnck's Idssion Church 234 52 (14) 272
Pnests'
Training
Fund
84 58 (75) 73
National Schools Singing Programme 375 375
Other Funds 159 46 (90) 169
Total Curia 6,754 659 (543) 68 906 7,844
Total Restricted
Funds
7,284 1,358 (1,041) 53 992 8,646

Forthe year ended 31 March 2022
Curia At 1 April At 31 March
2021 Income Expenditure Transfers 2022
E000 f.'000 5'000 E000 E000
Pnesls'
Training
Fund 750 22 (22) 750
Poor Mssion Fund 82 2 (2) 82
Leeds Cathedral Music Fund 150 9 (9) 150
Mass Intentions Account 41 1 (1) 41
Total Endowment
Funds
1,023 34 (34) 1,023
Forthe year ended 31 March 2021
Cuna At I Apnl At 31 hltt rch
2020 Income Expenditure Transfers 2021
E000 E000 F'000 5'000 E000
Pnests' Traimng Fund 750 19 (19) 750
Poor lutssion
Fund
82 2 (2) 82
Leeds Cathedral Music Fund 148 5 (3) 150
ltihss Intentions Account 41 I (I) 41
Total Endowment Funds 1,021 27 25 1,023
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