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## 

|Report ofthe Trustee's:||||||
|---|---|---|---|---|---|
|Reference and Administrative|||Intormation.||3-4|
|Bishops Introduction.||||||
|Chief Operating<br>OtTicers||Report.||||
|The Diocese in Numbers.||||||
|Organisation,<br>Oblectives|and Activines.||||8-14|
|Structure, Governance<br>and|||Management.||15-17|
|Our Volunteers.|||||17|
|I'undraising<br>Practices.|||||18|
|Plans for Future Periods.|||||18|
|Financial Review.|||||19-23|
|Conclusion &Approval.|.||||23|
|Report ofthe Independent|||Auditors'||24-27|
|Financial Statements:||||||
|Consolidated<br>Statement||ot I'inancial||Activity. .|28-29|
|Consolidated<br>and Charity|||Balance Sheet.||30|
|Consolidated<br>Statement||ol' Cash Floxv.|||31-32|
|Notes to thc ltinancial||Statements.|||33-65|
||||||2lpage|





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|Total Income|||2020%|2020|2010%|2019|
|---|---|---|---|---|---|---|
|||||gm||gm|
|Donations<br>and legacies|(including|offertory)||g;6.30|32%|$10.10|
|Other trading activities||||/„060|13%|$2.40|
|Income From Investment||||fl.lo|Ci"'|/1.20|
|Income from Charitable<br>Other income|activines||'|$1.80<br>~240|Ile<br>18%|g;2.10<br>~3.5tl|
|||||/'1 2.40||$19.30|



## 





## 

|Total Expenditure||2020||2019||
|---|---|---|---|---|---|
|||gm||gm||
|Raising funds|8'/o|1.30||10%<br>2,00||
|Charitable<br>activities|926|16.00||90'/o<br>17.50||
|||g17.30||$19.50||
|Charitable<br>Acdvities|||2020|Yo|2019|
||||gm||gm|
|Parish Costs|55.B%||8.92|64.4%|11.29|
|Central &.Diocesan Costs|-/2 3%||6.78|30.5%|5.33|
|Governance<br>Costs|V.7%||0.11|V.5%|0.08|
|Grant Payable|||0.19|4.6%|0.80|
||/00.0%||'16.00|/VV.0%|17.30|






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## 

|Year End to|the|31stDecember|31stDecember|2020||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||PAROCHIAL||FUNDS||DIOCESAN||FUNDS||ENDOWMENT|2020||2019|
||Notes|Unrestricted|Restricted||Total|Unrestricted|Restricted||Total|Total|Total funds||Total funds|
|||E|E||E|E|E||E|f.|E|||
|INCOME AND ENDOWMENTS||FROM:||||||||||||
|Donations<br>and||||||||||||||
|legaoes|2.1|6,103,027|92,702||6,195,729|310,021||872|310,893||6,506,622||10,088,721|
|Other trading||||||||||||||
|activities|2.2|236,224|||236,224|364,278|||364,278||600,502||2,444,620|
|Income from||||||||||||||
|Investment|2.3|102,681|||102,681|987,470|||987,470||1,090,151||1,211,558|
|Income from||||||||||||||
|Charitable<br>activities|2.4|||||1,785,715|||1,785,715||1,785,715||2,094,629|
|Other income|2.5|1 130056|||I 130056|I 252 895|||I 252 895|||||
|Total Income||7 571988|92|702|7 664 690|4 700 379||872|4 701 251||||19330854|
|EXPENDITURE ON:||||||||||||||
|Raising funds|3.1|100,094|||100,094|1,181,399|||1,181,399||1,281,493||2,015,675|
|Charitable<br>activities|3.2|8,822,171|96,012||8,918,183|6,971,857|113,205||7,085,062||16,003,245||17,494,447|
|Total Expenditure||8 922 265|96|012|9018 277|8 153256|113205||8 266 461||||9|
|Net Gains/(losses)||||||||||||||
|on investments||||||640 121|||640 121|||||
|Net||||||||||||||
|income/(expenditure)||(1,350,277)|(3,310)||(1,353,587)|(2,812,756)|(112,333)||(2,925,089)||(4,278,676)||4,149,238|
||||The notes||on pages 33to|65 form part of these financial|||statements|||||
|||||||||||||28|l Page|





||||||||||||Diocese of|Diocese of|Salford|Trustees'|Annual|Report and Accounts 2020|Report and Accounts 2020|Report and Accounts 2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Financial|Statements||Consolidated||Statement||of Financial Activity||
||||||PAROCHIAL||FUNDS||DIOCESAN FUNDS|||||ENDOWMENT|||2020|2019|
|||||Notes|Unrestricted|Restricted||Total|Unrestricted|Restricted||Total||Total||Total funds||Total funds|
||||||6|6||E|E|E||E||E|||6|6|
|Transfer|between||||||||||||||||||
|Funds|||||136,696|41,583||178,279|(217,189)|38,910||(178,279)|||||||
|NET MOVEMENT IN|||||||||||||||||||
|FUNDS|||||(1,213,581)|38,273||(1,175,308)|(3,029,945)|(73,423)||(3,103,368)||||(4,278,676)||4,149,238|
|RECONCILIATION|||OF|FUNDS|||||||||||||||
|Total funds||brought|||||||||||||||||
|forward|||||38,320,459|160,784||38,481,243|71,416,687|1,884,643||73,301,330||1,456||111,784,029||107,634,791|
|TOTAL|FUNDS||||||||||||||||||
|CARRIED|||||||||||||||||||
|FORWARD|||||37 106878|199|057|37 305 935|||||||||||





## 

## 

|As At|3|1stD|ecemb|er 2020|||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Charity||
||||||2020|2019|2020|2019|
|||||Notes|6||||
|Fixed assets|||||||||
|Tangible assets|||||36,674,267|36,624,556|36,302,124|36,131,775|
|Investment<br>Property|||||500,000|500,000|500,000|500,000|
|Investments|||||38 806 419|38 259 841|38806 424|38 259 846|
||||||75 980 686|75 384 397|75 608 548|74 891621|
|Current assets|||||||||
|Stocks|||||26,338|63,906|||
|Debtors|||||4,910,244|5,041,893|5,839,377|6,090,288|
|Cash at bank and||in hand|||41 311142|||37442 991|
|Creditors|||||||||
|Amounts<br>falling|due within||one year|10|(14,723,057)|(7,321,790)|(14,410,574)|(6,668,487)|
|Net current assets|||||31524 667|36399632|31869 229|36 864 792|
|Total assets less||current|liabilities||107,505,353|111,784,029|107,477,777|111,756,413|
|Total net assets|||||3t|»|0»»»||
|Funds|||||||||
|Unrestricted<br>funds||—general|||105,472,420|109,715,946|105,444,844|109,688,330|
|Unrestncted<br>funds||—designated||14.3|21,200|21,200|21,200|21,200|
||||||105,493,620|109,737,146|105,466,044|109,709,530|
|Restricted<br>funds||||14.1, 15|2,010,277|2,045,427|2,010,277|2,045,427|
|Permanent<br>endowment||||||1456|1456|1456|
|Total funds|||||107505 353||||





## 

## 

|Year to 31stDecem|ber|2020|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Cash flows from operating<br>activities|||||||
|Net cash income from the reporting|period||||(4,278,676)|4,149,238|
|Adjustments<br>to cash flows from|non - cash items||||||
|Depreciation|||||1,363,318|1,316,987|
|Investment<br>income|||||(1,090,151)|(1,211,558)|
|Financial<br>instrument<br>(gains) / losses|through|statement|of financial|actiinties|(860,566)|(2,494,304)|
|(Profit) / loss on disposal offixed assets|||||(514,436)|(1,831,929)|
|(Profit) / loss on disposal offixed assets investments|||||220,445|(1,834,202)|
||||||(8,160,066)|(1~905~768)|
|Working<br>capital adjustments|||||||
|(Increase) / decrease<br>in stock|||||37,568|(7,886)|
|(Increase) / decrease<br>in debtors|||||131,649|(1,514,842)|
|Increase / (decrease)<br>in creditors|||||7,401,267|1,324,819|
|Net cash flows from operating<br>activities|||||2,410,418|(2,103,677)|
|Cash flaws from investing<br>activities|||||||
|Interest received<br>and similar<br>income|||||201,760|136,802|
|Purchase<br>tangible<br>fixed assets|||||(1,469,173)|(2,989,416)|
|Sale oftangible<br>fixed assets|||||570,582|1,884,504|
|Purchase of investments|||||(4,317,289)|(13,322,398)|
|Sale of investments|||||4,570,984|12,493,790|
|Income from dividends|||||888,389|1,074,755|
|Net cash from investing<br>activities|||||445,253|(721,963)|
|Net increase/(decrease)<br>in cash|and cash equivalents|||||(2,825,640)|





## 

|||2020|2019|
|---|---|---|---|
|Cash|and cash equivalents<br>at 1 3anuary 2020|39,067,944|41,893,584|
|Net|increase/(decrease)<br>in cash and cash equivalents|||
|Cash|and cash equivalents<br>at 31December 2020|||
|Cash|and cash equivalents<br>Summary|||
|Cash|at bank and<br>in hand|41,311,142|38,615,623|
|Cash|held as part of investment<br>fund|612,473|452,321|





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## 



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## 

## 

|line basis and time apportionments<br>are|made in the|
|---|---|
|Fixtures and fittings|10%|
|Motor vehicles|25%|
|Computer<br>equipment|25%|
|Central freehold<br>land and buildings||





## 

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## 



## 

|The|Charity<br>has|interests<br>in the following|interests<br>in the following|interests<br>in the following|undertakings:||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Name, nature of business||||||||||
||||||||||Class and number of||
|||||||Registered||Office|shares|Held|
||Subsidiaries||||||||||
||Catholic|Support Services|Limited|||Cathedral|Centre,||||
||Company|No. 02790890||||3 Ford Street,<br>Salford,|||One ordinary|100|
||Support for Catholic schools, teachers and|||||Lancashire,|||||
||parishes,|provision of chaplaincy||services||M3 6DP|||||
||S.D.C.Trading<br>Limited|||||Cathedral|Centre,||||
||Company|No. 03481323||||3 Ford Street,<br>Salford,|||Two ordinary|100|
||Social clubs in the Diocese of Salford|||||Lancashire,|||||
|||||||M3 6DP|||||
||Catholic|Building Services|Limited|||Cathedral|Centre,||||
||Company|No. 08020372||||3 Ford Street,|||||
||Administration<br>of building||projects|||Salford,|||Two ordinary|100|
|||||||Lancashire,|||||
|||||||M3 6DP|||||
||Associated<br>Bodies||||||||||
||Inter-Diocesan<br>Fuel Management|||Limited||2 Park Road||South,|||
||Company|No. 02891029||||Birkenhead,<br>Wirral,|||One ordinary|11|
||Fuel and|power distribution|for Diocesan|||CH43 4UX|||||
||properties|within the scheme|||||||||





## 

|2.1.D|onations<br>and|legacies||||||
|---|---|---|---|---|---|---|---|
|||Parochial|funds|Diocesan|funds|2020|2019|
|||Unrestricted|Restricted|Unrestricted|Restricted|Total|Tote I|
||||||||6|
|Donations||310,918|92,702|83,134|872|487,626|773,494|
|Legacies||422,843||226,887||649,730|1,280,801|
|Offertory|collections|5 369 266||||5 369 266|8034 426|
|||6 103027|92 702|310021|872|6 506 622|10088 721|



## 

||||Parochial|funds|Diocesan|funds|2020|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total||Total|
||||||||e|||
|Social|and fundraising|||||||||
|income|||236,224||2,868||239,092||807,870|
|S.D.C|Trading|Limited|||361410||36|410|1636750|
||||236 224||364 278||600|502|2 444 620|



|||Parochial|funds|Diocesan|funds|2020||2019|
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Unrestricted|Restricted|Total||Total|
|Income|from listed||||||||
|investments||||888,389||888,389||1,074,755|
|Interest|on cash||||||||
|deposits||102,681||75,986||178,667||129,491|
|Loan Interest Income||||23 095||23|095|7 312|
|||102681||987,470||1 090|51|1211 556|





## 

|||Parochial|funds|Diocesan|funds|2020||2019||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Unrestricted|Restricted|Totai||Totai||
|||||||6||6||
|Moston|82 Wardley|||||||||
|cemeteries||||520,037||520,037||564,519||
|Catholic <br>Limited|Support Services|||1,265,678||1265678||153D,1|D|
|||||1,785,715||1785|5|2694629||



## 

|||||Parochial|funds|Diocesan|funds|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||6|6||||6|
|Other income||||614,929||211,294||826,223|1,049,091|
|Rental Income||||263,970||294, 125||558,095|519,923|
|Grant Income||||163,686||320,464||484,150|90,383|
|Profit/(loss)on|disposal||of|||||||
|fixed assets||||87,471||426,965||514,436|1,831,929|
|Catholic<br>Building||Services||||||||
|Limited||||||47||47||
|||||1 130056||1 252 895||2 382 951|3 49<br>326|



||||||2020|2019|
|---|---|---|---|---|---|---|
||||Income|Expend&tore|Net Income|Net Income|
||||6|e|6|6|
|Catholic Building||Services Limited|33,649|33,603|46||
|Catholic Support||Services Limited|1,265,678|634,757|630,921|515,397|
|S.D.C. Trading|Limited||629 610|1 035 280|405 670|41 701|
||||1 928 937|1 703 640|225 297|557 098|





## 

## 

|3.|1.1.|Investment|management<br>c|osts|||||
|---|---|---|---|---|---|---|---|---|
||||Parochial|funds|Diocesan|funds|2020|2019|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||E|E|||E||
|Management|fees||||150 119||150 119|161952|
|3.1.2.||Fundraising|costs||||||
||||Parochial|funds|Diocesan|funds|2020|2019|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||||||E||
|S.D.C Trading|Limited||||1,031,280||17031280|1 5887499|
|Social and fundraising|||100094||||00094|265 224|
||||100 094||1031 280||1 131374|1853723|
|Total expenditure<br>funds||on raising|100,094||1 181399||128,493|2 015675|





## 

## 

||||Parochial|funds|Diocesan|funds|2020|2019|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|Clergy allowances|||760,053||||760,053|902,048|
|Wages<br>83 national|insurance||730,871||||730,871|682,285|
|Diocese 6special|collections|||||||162,518|
|Church<br>83 presbytery||supplies|5,047,724||||5,047,724|6,618,128|
|Parish vehicles|||27,885||||27,885|45,530|
|Hall upkeep|||80,523||||80,523|195,087|
|Repairs and renewals|||1,408,778|96,012|||1,504,790|2,132,198|
|Other costs|||5,000||||5,000|21,554|
|Bank charges|||49,794||||49,794|37,380|
|Depreciation|||711543||||7<br>3 3|84391|
||||8,822,171|96012|||8 918 183|11381 319|





## 

||||Parochial|funds|Diocesan|funds|2020|2019|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||E|E|||E|E|
|Wages<br>ik national|||||||||
|insurance|||||2,483,138||2,483,138|1,918,107|
|Pensions|||||144,658||144,658|56,316|
|Staff costs|—other||||157,508||157,508|118,506|
|Sick & retired||clergy|||||||
|costs|||||783,338||783,338|669,862|
|Central<br>property|||||||||
|overheads|||||765,785||765,785|235,001|
|Office costs|||||512,035||512,035|418,022|
|Property costs|||||141,878||141,878|187,539|
|Other costs|||||445,877|113,205|559,082|809,573|
|Subsidiary|costs||||630,967||630,967|1,011,263|
|Bank charges|||||15,817||15,817|39,363|
|Bad debts provision|||||84,792||84,792|(861,092)|
|Depreciation|||||502 128||5~2 128|732 382|
||||||6667921|113205|6 781 126|5 334841|



||Parochial|funds|Diocesan|funds|2020|2019|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||E|E|E|E|E|E|
|Legal & professional|||38,551||38,551|9,159|
|Auditors|||||||
|remuneration|||40,978||40,978|43,550|
|Accountancy|||||||
|services|||36 023||36 023|27 615|
||||115552||15 552|80 324|





## 

## 

|||Parochial|funds||Diocesan|funds|2020|2019|
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Unrestricted|Restricted|Total|Total|
||||E||E|E|E|E|
|Catholic|'Truth Society|||||||605,423|
|CATEW/NCF<br>—gross|||||188384||188384|192 540|
||||||188384||188384|797 963|
|Total expenditure<br>on<br>charitable<br>activities||8 822 171|960|2|6971857|32~5|60032 5|9|





## 

## 

|Personnel<br>Costs||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||2020|2019|||
|||||||E|0|||
|Employee<br>Salaries||||||3,214,009|2,600,392|||
|Pension<br>Costs||||||144,658|56,316|||
|Other||||||157,508|118,506|||
|Total Employee Costs||||||3 516 175|2 775|214||
|The average<br>monthly<br>number|of staff employed,|||calculated||as full time equivalents|during||the year was as follows:|
|||||||2020|2019|||
|||||||No.|No.|||
|Central<br>Diocesan employees||||||67|55|||
|Parish employees<br>(excludes|parish|clergy)||||86|87|||
|Cemeteries<br>employees||||||8|8|||
|||||||161|150|||
|Employees<br>receiving<br>remuneration||over E60,000||||2020|2019|||
|||||||No.|No.|||
|Between E60,000 to E69,999||||||||||
|Between E70,000 to E79,999||||||||||
|Between E80,000 to E89,999||||||||||
|Between E90,000 to E99,999||||||||||
|Between E100,000 to E109,999||||||||||
|Between E110,000 to E119,999||||||||||
|Pension costs to higher<br>paid|employees|||||51 856|28|355||
|Contributions<br>to a defined<br>benefits<br>the year||pension|scheme||during|NIL||NIL||
|Key management<br>personnel<br>contributions|received salary||and pension|||54<br>532|325||53|



## 



## 

## 

|3.5.Employee|3.5.Employee|Loans||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||no|no|
|At the year end,||there were|outstanding||loans to employees|||
|The total|amount|of outstanding||loans was:||1337|2 731|
|3.6.Movement||in Net Funds||||||
|||||||2020|2019|
|This is stated after charging:||||||||
|Auditors|remuneration<br>- audit|||||40,978|43,550|
|||- other||services||10,602|8,394|
|Profit on|disposal|of tangible|fixed assets|||514,436|1,831,929|
|Profit on|disposal|of investments||||860,566|2,494,304|
|Depreciation<br>of fixed assets||||||1,363,318|1,316,987|
|Finance|charges|payable||||65,611|76,743|





## 

|Group|||||||
|---|---|---|---|---|---|---|
||Properties|Fixtures<br>ik<br>Fittings|Computer<br>Equipment|Motor<br>Vehicles||Total|
|||E|E|E|||
|Cost|||||||
|At' 1/1/2020|49,916,199|4,391,887|163,036|37,098||54,508,220|
|Additions|1,355,775|102,474|10,924|||1,469, 173|
|Disposals|88 745|11759||||100504|
|At 31/12/2020|51 183 229|4482 602|173960|37|098|55 876 889|
|Depreciation|||||||
|At 1/1/2020|15,029,721|2,707,215|110,940|35,786||17,883,662|
|Charge for the year|1,025,631|319,277|17,973||437|1,363,318|
|Disposals|40 156|4 202||||44 358|
|At 31/12/2020|16015 196|3 022 290|128 913|36|223|19202 622|
|Net book value at|||||||
|31/12/2020|35 168033|1460 312|45 047||875|36 674 267|
|Net book value at|||||||
|31/12/2019|34 886 478|1684 672|52 096|1|312|36 624 556|





## 

|Charity|||||||
|---|---|---|---|---|---|---|
||Properties|Fixtures &<br>Fittings|Computer<br>Equipment|Motor<br>Vehicles||Total|
|||8|6|8|||
|Cost|||||||
|At 1/1/2020|49,600,051|3,098,891|158,949|37,098||52,894,989|
|Additions|1,355,775|65,908|10,924|||1,432,607|
|Disposals|88 745|||||88 745|
|At 31/12/2020|50 867 081|3 164799|169873|37|098|54 238 851|
|Depreciation|||||||
|At 1/1/2020|14,754,660|1,865,751|107,016|35,786||16,763,213|
|Charge for the year|1,012,344|182,916|17,973||437|1,213,670|
|Disposals|40 156|||||40 156|
|At 31/12/2020|15 726 848|2 048 667|124 989|36|223|17936727|
|Net book value at|||||||
|31/12/2020|35 140 233|1 116132|44 884||875|36 302 124|
|Net book value at|||||||
|31/12/2019|34845 391|1233 140|51933|1|312|36 131775|



## 

|All of the tangible|fixed assets are used|fixed assets are used|by|the Charity|for its charitable|for its charitable|purposes|2020||2019|
|---|---|---|---|---|---|---|---|---|---|---|
|with the exception|of properties,|computer||equipment|and fixtures|and|fittings||||
|with a net book value of|||||||||||
|||||||||372,|3|492 781|



## 



## 

|||Group|||Charity|Charity|
|---|---|---|---|---|---|---|
||2020||2019|2020||2019|
||E||E|E||E|
|At 1st 3anuary|500,000|||500,000|||
|Additions|||500 000|||500 000|
|At 31st December|500|000|500 000|500|000|500 000|





## 

## 

|6.<br>Fixed Asset|in|vestments|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2020|Group|2019|2020|Charity|2019|
||||||||6|||6||6|
|Subsidiary<br>undertakings|||||||||||||
|Participating<br>Interest|||||||||||||
||||||6.1||||||6|6|
|Investments<br>listed||or traded|on a||||||||||
|recognised<br>stock|exchange||||6.2||38,193,945||37,807,519|38,193,945||37,807,519|
|Cash Held as part||of Investment|||||||||||
|Fund|||||||612,473||452,321|612,473||452,321|
|Total Investments|||||||38 806|419|38,259 841|38 806|424|38 259 846|
|6.1.Investments||held as fixed assets|||||||||||
|Investments<br>held as fixed|||assets||||||||||
|||||||||||2020||2019|
|Shares<br>in group|undertakings||and|participating||interests|||||||
|Shares in group||undertakings||and|participating||interests||||||
||||||||||Subsidiary|Participating|||
||||||||||undertakings|Interest||Total|
|Cost|||||||||||||
|At 1Ianuary<br>2020|||||||||||||
|At 31December|2020|||||||||1||6|
|Net book value|||||||||||||
|At 31December|2020||||||||||||
|At 31December|2019||||||||||||





## 

|.2. Investm|ents<br>listed or t|raded on a recogn|ised<br>stock exchange|||
|---|---|---|---|---|---|
|Group and|Charity|||2020|2019|
|Movement||||||
|Market value at 1 )anuary||2020||37,807,519|33,150,405|
|Additions<br>at cost||||4,317,289|12,822,398|
|Disposal proceeds||||(4,570,984)|(12,493,790)|
|Net gain/(loss)||||640 121|4 328 506|
|Market value at 31December 2020||||38 193945|37 807 519|
|||||2020|2019|
|||||Market|Market|
||||Cost|Value|Value|
||||E|E|E|
|Analysed|by type|||||
|Bonds|||6,620,435|7,321,442|7,146,977|
|Alternatives|82 Multi-Asset||2,141,697|5,539,073|5,476,937|
|UK Equities|||11,017,187|9,226,106|12,000,365|
|Global Equities|||3,707,500|6,072,857|4,338,663|
|North America|||3,745,709|4,946,230|4,383,238|
|European<br>equities|||1,493,502|1,697,327|1,614,436|
|Far East|||2,265,554|2,611,772|2,037,690|
|Rest of the|World||773 380|779 138|809213|
||||31764 963|38 193945|37 807 519|
|Anaiysed|by fund|||||
|Unrestricted|||31,764,963|38,193,945|37,807,519|
|Restricted||||||
||||31764 963|38 193945|37 807 519|
|The charity|had no holdings|which comprised|more than 5%ofthe market value|2020|2019|
|of the portfolio at that date||||NIL|NIL|





## 




## 


## 

## 

## 

## 

## 

## 

## 

## 



## 

|||||Movement||||||
|---|---|---|---|---|---|---|---|---|---|
|||||In|Movement|||Gains||
|||||incoming|in resources|||and||
||||Balance|resources|expended||Transfer|Losses|Balance|
|||Notes|Ol-3an-20||||||31-Dec-20|
||||E|E||||||
|Unrestricted||||||||||
|Funds||15|109,715,946|12,912,488|(17,075,521)||(80,493)||105,472,420|
|Restricted||||||||||
|Funds||||||||||
|Parishes Special||||||||||
|Collections|||160,784|90,981|(96,012)||43,304||199,057|
|Pleasington||||||||||
|Priory|||1,012,133||||||1,012,133|
|Stydd Trust|||309,639||||||309,639|
|Stanford Trust|||385,466||||||385,466|
|Ecclesiastical||||||||||
|Education|Fund||73,423|2,593|(113,205)||37,189|||
|Other Restricted||||||||||
|Funds|||103982||||||103982|
||||2,045,427|93,574|(209,217)||80,493||2,010,277|
|Designated||||||||||
|Funds|||21,200||||||21,200|
|Endowment||||||||||
|Funds|||1,456||||||1,456|
|TOTAL FUNDS|||11178<br>029|13006 062|~27 28|738|||107,505 353|





|||||Movement|||||
|---|---|---|---|---|---|---|---|---|
|||||In|Movement||Gains||
|||||incoming|in resources||and||
|||Balance||resources|expended|Transfer|Losses|Balance|
||Notes|01-san-19||||||31-Dec-19|
|Unrestricted|||||||||
|Funds|15|105,375,039||23,183,719|(19,248,941)|406,129||109,715,946|
|Restricted|||||||||
|Funds|||||||||
|Parishes<br>Special|||||||||
|Collections|||298,330|303,555|(162,518)|(278,583)||160,784|
|Pleasing ton|||||||||
|Priory|||1,030,597|||(18,464)||1,012,133|
|Stydd Trust|||309,639|||||309,639|
|Stanford Trust|||385,466|||||385,466|
|Ecclesiastical|||||||||
|Education<br>Fund||||172,086|(98,663)|||73,423|
|Other Restricted|||||||||
|Funds|||213 064|||109082||103982|
||||2,237,096|475,641|(261,181)|(406,129)||2,045,427|
|Designated|||||||||
|Funds|||21,200|||||21,200|
|Endowment|||||||||
|Funds|||1,456|||||1,456|
|TOTAL FUNDS||0|634 791|23 659 360|~29 510 122|||11 784 029|





## 

## 

## 



## 

## 

|14.2.||Permanent|Endowm|ent<br>Funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Movement|Movement||Gains,||
||||||In|in||losses||
||||||incoming|resources||and||
|||||Balance|resources|expended|Transfer|transf era|Balance|
||||Notes|01-3an-20|||||31-Dec-20|
|SRCDTR||||1,000|||||1,000|
|Moston<br>& <br>cemeteries||Wardiey||456|||||456|
|||||1 456|||||1 456|



||||Movement|Movement||Gains,||
|---|---|---|---|---|---|---|---|
||||in|fn||losses||
||||incoming|resources||and||
|||Balance|resources|expended|Transfer|transfers|Balance|
||Notes|Oi-3an-19|||||31-Dec-19|
|SRCDTR||1,000|||||1,000|
|Mos to n & Ward icy<br>cemeteries||456|||||456|
|||1 456|||||1 456|





## 

|At 31|st|December 2020|the Trustees<br>|have|set aside funds|for the following|purposes:|||
|---|---|---|---|---|---|---|---|---|---|
||||||Movement|Movement||||
||||||in|in||Gains,||
||||||incoming|resources||losses and||
||||Balance||resources|expended|Transfer|transfers|Balance|
|||Notes|01-Jan-20||||||31-Dec-20|
|Moston|&|||||||||
|Wardiey<br>cemeteries|||21,200||||||21,200|
||||22 200||||||22 200|
|At 31st||December 2019|the Trustees|have|set aside funds|for the following|purposes:|||
||||||Movement|Movement||||
||||||in|in||Gains,||
||||||incoming|resources||losses and||
||||Balance||resources|expended|Transfer|transfers|Balance|
|||Notes|01-Jan-19||||||31-Dec-19|
|Moston|&|||||||||
|Wardley<br>cemeteries|||21,200||||||21,200|
||||22 2'||||||22 200|



## 

## 

## 



## 

## 

|15. Fund|s:|movement|in the year|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Notes|Group<br>2020||2019||2020|Charity|2019||||
|Unrestricted||||E||E||E||E||||
|Designated|and|||||||||||||
|general||||||||||||||
|Balance at 1 <br>2020|3anuary|||109,737,146||105,396,239||109,709,530||105,397,572||||
|Net movements||in the||||||||||||
|year<br>Transfer<br>between||funds||(4,163,033)<br>80 493||3,934,778<br>406 129||(4,162,993)<br> ~80493||3,905,829<br>406 129||||
|Balance at 31December||||||||||||||
|2020||||105|493 620|109|737 146|1D5 466 D44||09|709||530|
|Restricted||||||||||||||
|Balance at 1|3anuary|||||||||||||
|2020||||2,045,427||2,237,096||2,045,427||2,237,096||||
|Net movements||in the||||||||||||
|year<br>Transfer<br>between||funds||(115,643)<br>214,460<br>90 493 ~406 129||||(115,643)<br>214,460<br>80 493 ~406 129||||||
|Balance at 31December||||||||||||||
|2020||||2|010 277|2|045 427|20|0277|20||5|27|
|Permanent||||||||||||||
|endowment||||||||||||||
|Balance at 1|3anuary|||||||||||||
|2020|||||1,456||1,456||1,456|||1,456||
|Net movements||in the||||||||||||
|year||||||||||||||
|Balance at 31 December||||||||||||||
|2020|||||1 456||1456||1 456|||1|456|
|Total Funds|||16|10|505353»178<br>~29|||107477 777||111,756|||413|





|16.|Analysis of net assets betw|een<br>funds|||||||
|---|---|---|---|---|---|---|---|---|
|Group||Unrestricted<br>funds||Designated<br>funds||Restricted<br>funds|Permanent<br>endowment|Total|
|||E||||6|E||
|Fund balances at 31December||2020 are represented||by:|||||
|Tangible|fixed assets|36,674,267||||||36,674,267|
|Investment<br>assets||39,306,419||||||39,306,419|
|Current|assets|44,214,791|||21,200|2,010,277|1,456|46,247,724|
|Current|liabilities|(14,723,057)||||||(14,723,057)|
|Total net assets at 31December|||||||||
|2020||105472 419|||21 200|2 010 277|1 456|1D7 505 353|
|Charity||Unrestricted<br>funds|Designated<br>funds|||Restricted<br>funds|Permanent<br>endowment|Tote I|
|||||6||6||6|
|Fund balances at 31December||2020 are represented||by:|||||
|Tangible|fixed assets|36,302,124||||||36,302,124|
|Investment<br>assets||39,306,424||||||39,306,424|
|Current|assets|44,246,870|||21,200|2,010,277|1,456|46,279,803|
|Current|liabilities|(14,410,574)||||||(14,410,574)|
|Total net assets at 31December|||||||||
|2020||105 444 644|||21 20D|2 010 277|1456|1D7 477 777|





|Group|Unrestricted<br>funds|Designated<br>funds|Designated<br>funds|Restricted<br>funds|Permanent<br>endowment|Total|
|---|---|---|---|---|---|---|
||E||E|E|E||
|Fund balances at 31|December 2019are represented||by:||||
|Tangible<br>fixed assets|36,624,556|||||36,624,556|
|Investment<br>assets|38,759,841|||||38,759,841|
|Current assets|41,653,339||21,200|2,045,427|1,456|43,721,422|
|Current<br>liabilities|(7,321,790)|||||(7,321,790)|
|Total net assets at 31|||||||
|December 2019|109715 946||21 200|2 045 427|1 456|111784 029|
|Charity|Unrestricted<br>funds|Designated<br>funds||Restricted<br>funds|Permanent<br>endowment|Total|
||E||F.|E|E||
|Fund balances at 31|December 2019are represented||by:||||
|Tangible<br>fixed assets|36,131,775|||||36,131,775|
|Investment<br>assets|38,759,846|||||38,759,846|
|Current assets|41,465,196||21,200|2,045,427|1,456|43,533,279|
|Current<br>liabilities|(6,668,487)|||||(6,668,487)|
|Total net assets at 31<br>December 2019|109688 33'||212'|2 045 427|1 456|111756 413|





## 

|7.Analysis of n|et|funds||||
|---|---|---|---|---|---|
|Group|||Balance<br>01-]an-20|Financing<br>Cash Flows|Balance<br>31-Dec-20|
|||||E|E|
|Cash at bank and||in hand|39,067,944|2,855,671|41,923,615|
|Debt due within|one year||(5,271,223)|(7,629,491)|(12,900,714)|
|Net Funds|||33 796 721|~4773 820|29 022 901|
||||Balance|Financing|Balance|
|Charity|||O1-3an-2O|Cash Flows|31-Dec-20|
||||||E|
|Cash at bank and||in hand|37,895,312|3,157,587|41,052,899|
|Debt due within|one year||(5,071,121)|(7,861,207)|(12,932,328)|
|Net Funds|||32 824 191|~4703 620|28 120 571|
|Group|||Balance<br>01-]an-19|Financing<br>Cash Flows|Balance<br>31-Dec-19|
||||f.|E|E|
|Cash at bank and||in hand|41,893,584|(2,825,640)|39,067,944|
|Debt due within|one year||(4,426,594)|(844,629)|(5,271,223)|
|Net Funds|||37466 990|~3670 269|33 796 721|
|Charity|||Balance<br>01-]an-19|Financing<br>Cash Flows|Balance<br>31-Dec-19|
||||f.|E|E|
|Cash at bank and||in hand|40,684,262|(2,788,950)|37,895,312|
|Debt due within|one year||(4,235,210)|(835,911)|(5,071,121)|
|Net Funds|||36449 092|~3624 861|32 824 191|





## 

## 

## 



|9.Details of su|bsid|iaries|and|consolidation|||||
|---|---|---|---|---|---|---|---|---|
|||||Catholic<br>Building<br>Services<br>Limited|Catholic<br>Support<br>Services<br>Limited|SDC<br>Trading<br>Limited|2020<br>Total|2019<br>Total|
||||||E||E|E|
|Tangible<br>fixed assets|||||4,588|367,555|372,143|492,782|
|Current assets||||63 195|990 16|402 965|1 456 324|I 817633|
|||||63,195|994,752|770 520|178287467|2,310,415|
|Creditors:<br>amounts<br>within<br>one year||falling|due|~63 193|~336<br>79|~253<br>07|~933449|~2222 1|
||||||658,573|(763,557)|(104,982)|188,274|
|Creditors:<br>amounts||falling|due||||||
|after more than|one year|||2|658,573|~763 557|~04,982|188 274|
|Representing:|||||||||
|Share capital|||||I|2|||
|Profit and loss|account||||658 572|~763 559|104987|188269|
|||||2|658 573|~763 557|104982|188274|
|A summary<br>of the subsidiaries||||profit and loss account is shown||below:|||
|||||Catholic<br>Building<br>Services<br>Limited|Catholic<br>Support<br>Services<br>Limited|SDC<br>Trading<br>Limited|2020<br>Total|2019<br>Total|
|||||E|E||E.|E|
|Turnover||||33,649|1,265,678|361,410|1,660,737|3,306,448|
|Cost of sales||||30 380|655 450|~665 231|~1352 ~61|~2247 532|
|Gross profit||||3,269|610,228|(303,821)|309,676|1,158,916|
|Administrative|expenses|||(3,223)|20,693|(370,049)|(352,579)|(601,820)|
|Grants Receivable||||||268,200|268,200||
|Interest receivable|||||||||
|Net profit<br>Amount<br>gifted|to charity|||46|630,921<br>~518 552|(405,670)|225,297<br>~528 552|557,098<br> ~220 817|
|Retained<br>in the|subsidiary|||46|112369|~405 670|~293 255|6 28|