r7
*-*
2021
DIOCESE OF
. SALFORD

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Table ofcontents
Reference & Adminlstrative Information
Pg1
Bishop's Introduction Pg3
Chief Operating Officer's Report Pg5
Our Year in Numbers Pg 6
Annual Review Pg7
Key Financial Information Pg7
Creating a Sustainable Future Pg8
Care for our Common Home Pg9-11
Looking Ahead Pg12-14
Safeguarding Pg15
Purpose, Aims and ActTVlties Pg16
Meeting the Challenge of the Pandemic
Pg17
Supporting our Parishes to Look Ahead
Pg17-18
Looking after our People Pg19
Supporting our Young People Pg20
Structure, Governance and Management
Pg21 -22
Investment Pg 23
Plans for Future Periods Pg24
Financial Review P£25-Pg30
Conclusion & Approval Pg30
Report of the Independent Auditors
Pg31-33
Consolidated Statement of Financial
Activity Pg34-35
Con501idated and Charity Balance Sheet
Pg36
Consolidated Statement of Cash Flow
Pg37
Notes to the Financial Statements Pg 38-
61

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Our Year in Numbers
Our P2rishes
Our Clergy
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Our People
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||2021|2021|2020|2020|
|---|---|---|---|---|
|||Em||Em|
|Donations<br>and legacies|27%|7.4|27%|6.4|
|Other Trading activities|4X|1.0|3%|0.6|
|Income from Investment|5%|1.2|||
|Income from Charitable<br>activities|8%|2.1|8X|1.8|
|Other Income|17%|4.6|10%|2.4|
|SCA - School Building<br>Works|39%|10.6|479o||
|Total Income||26.9||23.4|








||2021|2021|2020|2020|
|---|---|---|---|---|
||90|Em||Em|
|Raising Funds|5%|1.5||1.2|
|Charitable<br>Activities|56%|15.5|76fa|15.9|
|SCA- School Building|||18%|3.7|
|Works|||||
|Total Expenditure||28.0||20.8|







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|December 2021||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||PAROCHIAL|||DIOCESAN|||||Restated|
||||FUNDS|||FUNDS|||ENDOWMENT|2021|2020|
|||Notes|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|Total|Totalfunds|Total funds|
||||6|E|E|6|E|E|E|E|E|
|INCOME AND ENDOWMENTS FROM:||||||||||||
|Donations<br>and legacies||2.1|6,993,748|265|6,994,013|225,384|154,173|379,556||7,373,569|6,427,204|
|Other trading activities||2.2|246,045|0|246,045|709,974|0|709,974||956,019|600,502|
|Income from Investment||2.3|36,519|0|36,519|1,174,271|1,521|1,175,792||1,212,311|1,090,151|
|Income from Charitable|activities|2.4|0|0|0|2,143,463|0|2,143,463||2,143,463|1,785,715|
|Otherincome||2.5|1,781,405|0|1,781,405|2,352,159|507,157|2,859,316||4,640,721|2,381,831|
|SCA —School Building Works||2.6|0|0|0|0|10,556,309|10,556,309||10,556,309|11,124,455|
|Total Income|||9,057,717|265|9,057,982|6,605,251|11,219,160|17,824,411|0|26,882,393|23,409,858|
|EXPENDITURE ON:||||||||||||
|Raising funds||3.1|3S7,7S1|0|387,781|1,132,047|0|1,132,047||1,519,827|1,230,230|
|Charitable<br>actinnties||3.2|8,586,458|0|8,586,458|6,475,937|404,183|6,880,120||15,466,578|15,945,694|
|SCA —School Building Works||3.3||||0|10,997,120|10,997,120||10,997,120|3,652,526|
|Total Expenditure|||8,974,239|0|8,974,239|7,607,984|11,401,303|19,009,287|0|27,983,526|20,828,451|
|Net 6ains/(lossesl<br>on investments|||0|0|0|6976885|0|6976885|0|6976885|640 121|
|Net income/(expenditure)|||83,478|265|83,743|5,974,152|(182,143)|5,792,009|0|5,875,752|3,221,528|





|||||PAROCHIAL|||DIOCESAN|||||Restated|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||FUNDS|||FUNDS|||ENDOWMENT|2021|2020|
||||Notes|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|Total|Total funds|Total funds|
|||||6|6|E|E||6|E|6|E|
|Transfer between|Funds|||||0|206,762|(206,762)|||||
|NET MOVEMENT|IN|FUNDS||83,478|265|83,743|6,180,915|)388,906)|5,792,009|0|5,875,752|3,221,528|
|RECONCIUATION|OF FUNDS||||||||||||
|Total funds brought||forward||36,996,365|199,057|37,195,422|68,438,004|9,283,149|77,721,153|1,456|114,918,031|111,696,503|
|TOTAL FUNDS CARRIED FORWARD||||37,079,843|199,322|37,279,165|74,618,919|8,894,243|83,513,162|1,456|120,793,783|114,918,031|





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|||||Group||Charity|
|---|---|---|---|---|---|---|
|||||Restated||Restated|
||||2021|2020|2021|2020|
|||Notes|6|6||6|
|Fixed assets|||||||
|Tangible assets|||37,072,609|36,721,559|36,690,536|36,298,154|
|Investment|Property||2,250,000|500,000|2,250,000|500,000|
|Investments|||40,869,388|38,806,419|40,869,393|38,806,424|
||||80,191,998|76027978|79,809,929|75,604,578|
|Current assets|||||||
|stocks|||41,384|26,338|0|0|
|Debtors|||3,622,227|4,910,244|5,267,802|5,839,377|
|Cash at bank and in hand|||45,289,835|41,204,436|43,770,431|40,333,720|
||||48,953,446|46,141,018|49,038,232|46,173,097|
|Creditors|||||||
|Amounts<br>falling due within one year||10|(8,351,660)|(7,250,966)|(8,079,386)|(6,938,483)|
|Net current|assets||40,601,786|38,890052|40958846|39234 614|
|Total assets|less current liebgltles||120,793,783|114,918,031|120,768,775|114,839,192|
|Total net assets|||120,793,783|114,918,031|120,768,775|114,839,192|
|Funds|||||||
|Unrestricted|funds - general|15|111,698,762|105,434,369|111,673,753|105,355,530|
||||111,698,762|105,434,369|111,673,753|105,355,530|
|Restricted funds||13.1|9,093,565|9,482,206|9,093,566|9,482,206|
|Permanent|endowment|13.2|1,456|1,456|1,456|1,456|
|Total funds|||120,793,783|114,918,031|120,768,775|114,839,192|



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|Yearto 31~ Decembe|r 2|021||||||
|---|---|---|---|---|---|---|---|
|||||||2021|Restated|
||||||||2020|
||||||||6|
|Cash flows from operating activities||||||||
|Net cash surplus from the reporting||period||||5,875,752|3,221,528|
|Adjustments<br>to cash flows from|non|- cash items||||||
|Depreciation||||||1,340,845|1,316,026|
|Investment<br>income||||||(1,212,311)|(1,090,151)|
|Financial instrument<br>(gains) / losses||through|statement|offinancial|activities|(3,396,391)|(860,566)|
|(Profit) / loss on disposal offixed assets||||||(1,858,846)|(514,436)|
|(Profit) / loss on disposal offixed assets investments||||||(3,580,494)|220,445|
|||||||(2,831,445)|2,292,846|
|Working capital adjustments||||||||
|(Increase) / decrease in stock||||||(15,046)|37,568|
|(Increase) / decrease in debtors||||||1,288,017|131,649|
|Increase /(decrease)in<br>creditors||||||1,100,694|(70,824)|
|Net cash flows from operating<br>activities||||||(457,780)|2,391,239|
|Cash flows from investing<br>activities||||||||
|Interest received and similar income||||||66,019|201,760|
|Purchase tangible fixed assets||||||(1,706,050)|(1,469,173)|
|Sale oftangible fixed assets||||||1,873,001|570,582|
|Purchase ofinvestments||||||(6,765,011)|(4,317,289)|
|Sale ofinvestments||||||10,671,378|4,570,984|
|Income from dividends||||||1,146,291|888,389|
|Disposal ofInvestment<br>Assets||||||500,000|0|
|Net cash from Investing<br>activities||||||5,785,628|445,253|
|Net Increase/(decrease)<br>in cash|and|cash equivalents||||5,327,848|2,836,492|
|||||||2021|Restated<br>2020|
||||||||5|
|Cash and cash equivalents<br>at 1January 2021||||||41,816,910|38,980,418|
|Net increase/(decrease)<br>In cash|and|cash equivalents||||5,327,848|2,836,492|
|Cash and cash equivalents<br>at 31December 2021||||||47,144,758|41,816,910|
|Cash and cash equivalents<br>Summary||||||||
|Cash at bank and<br>in hand||||||45,289,835|41,204,437|
|Cash held as part ofinvestment|fund|||||1,854,923|612,473|
|||||||47,144,758|41,816,910|





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|he Charity has interests|in the|following<br>un|dertakings:||||
|---|---|---|---|---|---|---|
|Name, nature ofbusiness|||Registered|Ofgce|Class and number of|SSHeld|
||||||shares||
|Subsidiaries|||||||
|Catholic Support Services|Limited||Cathedral|Centre|One Ordinary|100|
||||3 Ford Street,||||
|Company<br>No. 02790890|||Salford,||||
||||Lancashire.||||
|Support for Catholic schools, teachers and|||M3 6DP||||
|parishes, provision ofchaplaincy||services|||||
|S.D.CTrading Umited|||Cathedral|Centre|Two Ordinary|100|
||||3 Ford Street,||||
|Company<br>No. 03481323|||Salford,||||
||||Lancashire.||||
|Social clubs in the Diocese|ofSalford||M3 6DP||||
|Catholic Building Services|Umited||Cathedral|Centre|Two Ordinary|100|
||||3 Ford Street,||||
|Company<br>No. 8020372|||Salford,||||
||||Lancashire.||||
|Administration<br>of building|projects||M3 6DP||||
|Associated Bodies|||||||
|Inter-Diocesan<br>Fuel Management||Umited|2 Park Road South,||One Ordinary|11|
||||Birkenhead,||||
|Company<br>No. 02891029|||Wirral.||||
||||cH43 4ux||||
|Fuel and power distribution|for Diocesan||||||
|properties<br>within the scheme|||||||





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|2.1.Donations|2.1.Donations|and legacies|and legacies||||||Restated|
|---|---|---|---|---|---|---|---|---|---|
|||||Parochial|funds|Diocesan funds||2021|2020|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||6|E|6|E|E|6|
|Donations||||597,963|265|35,795|51,175|685,199|487,488|
|Legaoes||||627,850|0|189,588|102,997|920,435|608,836|
|Offertory collections||||5767935|0|0|0|5767935|5330880|
|||||6,993,748|265|225,384|154,173|7,373,569|6,427,204|
|2.2.Other trading activities||||||||||
||||||||||Restated|
|||||Parochlalfunds||Diocesan funds||2021|2020|
|||||Unrestricted|Restdicted|Unrestricted|Restricted|Total|Total|
|||||E|E|6|6|E|6|
|Social and fundralslng||income||246,D45||75||246,120|239,092|
|S.D.CTrading|Umited|||0||709,899||709,899|361,410|
|||||246,D45|0|709,974|0|956,019|600,502|
|2.3.Investment|||Income|||||||
||||||||||Restated|
|||||Parochialfunds||Diocesan funds||2021|2020|
|||||Unrestricted|Restdicted|Unrestrtcted|Restricted|Total|Total|
|||||6|6|E|6|E|6|
|Income from|listed investments|||0||1,146,291|0|1,146,291|888,389|
|Interest on cash deposits||||36,519||45,883|1,521|83,923|178,667|
|Loan Interest|Income|||0||(17,903)|0|(17,903I|23,095|
|||||36,519|0|1,174,271|1,521|1,212,311|1,090,151|
|2.4.Charitable|||Activities|||||||
||||||||||Restated|
|||||Parochlalfunds||Diocesan funds||2021|202D|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||6|6|6||6|E|
|Morton & Ward(ay cemeteries||||0|0|534,271|0|534,271|520,037|
|Catholic Support Services|||Limited|0|0|1,609,192|0|1,609,192|1,265,678|
|||||0|0|2,143,463|0|2,143,463|1,785,715|
|2.S.Other Income||||||||||
||||||||||Restated|
|||||Parochialfunds||Diocesan funds||2021|2020|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||||6|E|E|E|E|
|Other income||||721,065|0|268,255|7,006|996,327|825,103|
|Rental Income||||275,735|0|277,724|0|553,459|558,095|
|Grant Income||||278,801|0|247,194|288,094|814,089|484,150|
|Profit/(loss)on|disposal|offixed assets||87,803|0|1,558,986|212,057|1,858,846|514,436|
|Lease Deed Extension||||418,000|0|0|0|418,000|0|
|Catholic Building Services|||Limited|0|0|0|0|0|47|
|||||1,781,405|0|2,352,159|507,157|4,640,721|2,381,831|






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|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Income||Expenditure||Net income||Net Income|
|||||||E||E||E|6|
|Catholic Building Services Limited|||||34,741||34,741|||0|46|
|Catholic Support Services Limited||||1,609,192|||659,719|||949,473|630,921|
|S.O.C.Trading|Limited||||709,899||966,109|||l256,209)|(354,407)|
|||||2,353,833|||1,660,569|||693,264|276,560|
|The taxable profit ofthe subsidiary|||companies||is gifted to||the charity so||that there is no liability to|||
|corporation<br>tax for||these entities.|Further|detailed||within|note 17to the||financial|statements.||
|3.Resources expended||||||||||||
|3.1.Expenditure||on raising funds||||||||||
|3.1.1.Investment||management|costs|||||||||
||||||||||||Restated|
|||||Parochial||funds|Diocesan funds|||2021|2020|
|||Unrestricted|||Restricted||Unrestricted|Restricted||Total|Total|
|||||E||E|6||6|6|E|
|investment|Management|fees|||||171,438||0|171,438|150,119|
|3.1.2. Fundraising||Costs||||||||||
||||||||||||Restated|
||||Parochlalfunds||||Diocesan|funds||2021|2020|
||||Unrestricted||Restricted||Unrestricted||Restricted|Total|Total|
|||||5||6|6||6|6|6|
|S.O.CTrading limited||||0|||960,609|||960,609|980,017|
|Social and|fundraising||387,781||||0|||387,781|100,094|
||||387,781||||960,609||0|1,348,389|1,080,111|
||||||||||||Restated|
||||Parochial||funds||Diocesan funds|||2021|2020|
||||Unrestricted||Restricted||Unrestricted||Restricted|Total|Total|
|||||E||6|E||6||6|
|Total expenditure<br>on ralsfng funds|||387,781||||1,132,047||0|1,519,827|1,230,230|



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|3.2.1.Parish|C|osts|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Restated|
||||Parochlalfu|nds|Diocesan|funds|2021|2D2D|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||E|5|6|E|6|E|
|Clergy allowances|||758,546|0|0|0|758,546|760,053|
|Wages & national|insurance||712,702|0|0|0|712,702|725,567|
|Staffcosts —other|||33,D14|0|0|0|33,014|0|
|Church<br>&presbytery||supplies|5,663,372|0|0|0|5,663,372|4,995,478|
|Property<br>Overheads|||349,659|0|0|0|349,659|0|
|Office costs|||23,442|0|0|0|23,442|0|
|Parish vehicles|||36,487|0|0|0|36,487|27,885|
|Hall upkeep|||60,039|0|0|0|60,039|80,523|
|Repairs and renewals|||127,703|0|0|0|127,703|1,504,790|
|Other costs|||10,808|0|0|0|10,808|5,000|
|Bank charges|||37,761|0|0|0|37,761|49,794|
|Depreciation|||772,925|0|0|0|772,925|711,543|
||||8,586,458|0|0|0|8,586,458|8,860,633|





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||||||||Restated|
|---|---|---|---|---|---|---|---|
|||Parochial|funds|Diocesan|funds|2021|2020|
|||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||E|5|E|8|6|E|
|Wages & national|insurance|0|0|2,478,373|8,403|2,486,776|2,483,138|
|Pensions||0|0|147,222|958|148,179|144,658|
|Staff costs —other||0|0|279,669|444|280,113|157,508|
|Sick &retired clergy costs||0|0|782,635|0|782,635|783,338|
|Property Overheads||0|0|550,292|108,772|659,063|765,785|
|Ofgce costs||0|0|247,257|55,597|302,854|512,035|
|Property costs||0|0|0|0|0|141,878|
|Othercosts||0|0|364,580|146,282|510,862|559,082|
|Subsidiary costs||0|D|659,719|0|659,719|630,967|
|Bank charges||||16,408|5|16,414|15,817|
|Bad debts provision||||(31,836)|0|(31,836)|84,792|
|Depreciation||||485,527|293|485,820|502,128|
|||0|0|5,979,846|320,753|6,300,599|6,781,126|



|||||||||Restated|
|---|---|---|---|---|---|---|---|---|
||||Parochialfunds||Diocesan|funds|2021|2020|
||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||E|6|6|6|E|E|
|Legal &|professional||0|0|86,085|83,430|169,515|38,551|
|Auditors|remuneration||0|0|44,340|0|44,340|40,978|
|Accountancy||services|0|0|54,590|0|54,590|36,023|
||||0|0|185,015|83,430|268,445|115,552|



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||||||||||Restated|
|---|---|---|---|---|---|---|---|---|---|
|||||Parochlalfunds||Diocesan|funds|2021|2020|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||6|6|6|6|1|E|
|CATEW/NCF —gross||||0|0|185,472|0|185,472|188,384|
|Survivors|Manchester|||0|0|125,605|0|125,605|0|
|||||0|0|311,076|0|311,076|188,384|
||||||||||Restated|
|||||Parochlalfunds||Diocesan|funds|2021|2020|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||1|8|6|E|1|E|
|Total expenditure||on charitable|activities|8,586,458||6.475,937|404,183|15,466,578|15,945,695|



||||||||||Restated|
|---|---|---|---|---|---|---|---|---|---|
|||||Parochialfunds||Diocesan|funds|2021|2020|
|||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
|||||E|E|5|6|E|6|
|SCA-|(Schools|BuEding|Work)|0|0|0|10,997,120|10,997,120|3,652,526|
|||||0|0|0|10,997,120|10,997,120|3,652,526|





## 

|3.4.Staff|Disclosures|||
|---|---|---|---|
||||Restated|
|Personnel|Costs|||
|||2021|2020|
|||E|E|
|Employee|Salaries|3,199,478|3,208,705|
|Pension Costs||148,179|144,658|
|Other||313,127|157,508|
|Total Employee Costs||3,660,784|3,510,871|



|||||Restated|
|---|---|---|---|---|
||||2021|2020|
||||No.|No.|
|Central Diocesan employees|||59|56|
|Parish employees<br>(excludes parish||clergy)|65|64|
|Cemeteries<br>employees|||8|8|
||||132|128|
|Employees<br>receiving|remuneration|over E60,000|2021|Restated<br>2020|
||||No.|No.|
|Between E60,000to|E69,999||1|1|
|Between E70,000to|E79,999||2|3|
|Between E80,000to|E89,999||0|0|
|Between E90,000to|E99,999||0|0|
|Between 6100,000to E109,999|||1||
|Between 6110,000to6119,999|||1||
|Pension costs to higher paid employees|||49,201|51,856|
|Contributions<br>to a defined<br>benefits||pension scheme duding the|||
||||NIL|NIL|
|year|||||
|Key management<br>personnel<br>received salary and pension<br>contributions|||530,215|541,532|



## 



## 

## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||No.|No.|
|At the year end,|there were outstanding||loans to employees|3|2|
|||||E||
|The total amount<br>ofoutstanding||loans|was:|2,905|1,397|
|3.7.Movement|in Net Funds|||||
||||||Restated|
|||||2021|2020|
|This is stated|after charging:|||E|E|
|Auditors<br>remuneration<br>-audit||||44,340|40,978|
||-other services|||11,688|10,602|
|Profit on disposal oftangible||fixed|assets|1,858,846|514,436|
|Profit on disposal of investments||||3,396,391|860,566|
|Depreciation|offixed assets|||1,340,845|1,363,318|
|Finance charges payable||||54,175|65,611|





## 

## 

|Group||||||
|---|---|---|---|---|---|
||Properties|Fixtures 8i Fittings|Computer|Motor|Total|
||||Equipment|Vehicles||
||||E|6||
|Cost||||||
|At 1/1/2021|51,183,229|4,478,632|173,960|37,098|55,872,919|
|Additions|1,391,811|306,370|7,869|0|1,706,050|
|Disposals|(28,280)|0|0|(18688)|(46968)|
|At 31/12/2021|52,546,760|4,785,002|181829|18410|57,532 000|
|Depreciation||||||
|A\ 1/1/2021|16,015,196|2,971,027|128,913|36,223|19,151,359|
|Charge for the year|1,059,293|259,447|21,668|438|1,340,845|
|Disposals|(14,126)|0|0|(18,688)|(32,814)|
|At 31/12/2021|17,060,364|3,230,474|150,581|17,973|20,459,391|
|Net book value at 31/12/2021|35486,396|1,554 528|31248|437|37072 609|
|Net book value at 31/12/2020|35,168,033|1,507,605|45,047|875|36,721,559|
|Charity||||||



|Charity||||||
|---|---|---|---|---|---|
||||Computer|Motor||
||properties|Fixtures a Fittings|Equipment|Vehicles|Total|
||E|6|6|6|6|
|Cost||||||
|At 1/1/2021|50,867,081|3,160,829|169,873|37,098|54,234,881|
|Additions|1,391,811|264,093|7,869|0|1,663,774|
|Dlsposals|(28 280)|0|0|(18 688)|(46,968)|
|A131/12/2021|52,230,612|3,424,922|177,742|18,410|55,851,686|
|Depreciation||||||
|At 1/1/2021|15,726,848|2,048,667|124,989|36,223|17,936,727|
|Charge for the year|1,037,239|200,406|19,153|438|1,257,237|
|Disposals|(14,126)|||(18,688)|(32,814)|
|At31/12/2021|16,749,962|2,249,073|144,142|17,973|19,161,150|
|Net book value at 31/12/2021|35,480,650|1,175,849|33,600|437|36,690,536|
|Net book value at 31/12/2020|35,140,233|1,112,162|44,884|875|36,298,154|



## 

|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
|Afi ofthe tangible fixed|||assets are used by the Charity for its|||charitable|purposes<br>with the exception|||
|ofproperties,|computer||equipment||and fixtures and fittings|with a net|book value of|382,074|423,405|
|4.2.Capital Commitments||||||||||
|||||||||2021|2020|
|Capital Commitments||authorised||and|contracted for at 31st|December|2021 were as follows:|E|6|
|||||||Diocesan Projects||677,256|965,196|
|||||||school|Capital Projects|6,261,657|769,461|
|||||||||6,938,913|1,734,657|





## 

|perties|||||
|---|---|---|---|---|
||Group||Charity||
||2021|2020|2021|2020|
||E|E|E|E|
|At 1stJanuary|500,000|500,000|500,000|500,000|
|Additions|2,250,000|0|2,250,000|0|
|Disposals|(500,000)|0|I500,000)|0|
|At 31st December|2,250,000|500,000|2,250,000|500,000|



## 

|6.Fixed A|sset inv|estment|s||||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Charity||
||||||2021|2020|2021|2020|
||||||6|6|6|6|
|Subsidiary<br>undertakings|||||||||
|Participating|Interest||||||||
|||||6.1|||||
|Investments|listed or traded on||a recognised||||||
|stock exchange||||6.2|39,014,464|38,193,945|39,014,464|38,193,945|
|Cash Held as|part ofInvestment||Fund||1,854,923|612,473|1,854,923|612,473|
|total Investments|||||40,869,388|38,806,419|40,869,393|38,806,424|
|6.1.Investments||held as|fixed assets||||||



||2021|2020|
|---|---|---|
||E|E|
|Subsidiary|Participating||
|undertakings|Interest|Total|
|E|E|E|



|Shares in group undertakings|and|participating|interests||
|---|---|---|---|---|
|Shares in group undertakings||and participating||interests|
|Cost|||||
|At 1January 2021|||||
|At 31December 2021|||||
|Net book value|||||
|At 31December 2021|||||
|At 31December 2020|||||





## 

## 

|6.2.Investments<br>listed|or traded on a|recognised<br>sto|ck exchange|||
|---|---|---|---|---|---|
|Group and Charity||||2021|2020|
|Movement||||E|E|
|Market value at 1January 2021||||38,193,945|37,807,519|
|Additions<br>at cost||||6,765,011|4,317,289|
|Disposal proceeds||||(10,671,378)|(4,570,984)|
|Net gain/(loss)||||4,726,886|640,121|
|Market value at 31December|2021|||39,014,464|38,193,945|
|||||2021|2020|
|||||Market|Market|
||||Cost|Value|Value|
||||E|E|E|
|Analysed<br>by type||||||
|Bonds|||5,534,887|5,850,659|7,321,442|
|Alternatives<br>& Multi-Asset|||6,120,064|7,558,075|5,539,073|
|UK Equities|||7,877,016|9,839,768|9,226,106|
|Global Equities|||3,638,692|5,629,362|6,072,857|
|North America|||3,464,483|4,769,458|4,946,230|
|European<br>equities|||1,536,434|1,885,710|1,697,327|
|Far East|||2,327,800|2,680,500|2,611,772|
|Rest ofthe World|||773,380|800,933|779,138|
||||31,272,756|39,014,465|38,193,945|
|Analysed<br>by fund||||||
|Unrestricted|||31,272,756|39,014,465|38,193,945|
|Restricted|||0|0|0|
||||31,272,756|39,014,465|38,193,945|
|||||2021|2020|
|The charity had no holdings|which comprised|more||||
|than 574ofthe market value|ofthe portfolio|at that||||
|date||||NIL|NIL|
|7.Stock||||||
||||Group||Charity|
|||2021|2020|2021|2020|
|||E|E|E|E|
|Stocks||41,384|26,338|0|0|
|8.Debtors||||||
||||Group||Charity|
|||2021|2020|2021|2020|
|||E|E|E|E|
|Due within one year:||||||
|Trade debtors||104,003|399,271|38,778|0|
|Prepayments||247,942|380,611|208,852|307,151|
|Amounts<br>due from subsidiaries||0|0|501,049|1,475,727|
|Other debtors||3,270,282|4,130,362|4,519,123|4,107,762|
|||3,622,227|4,910,244|5,267,802|5,890,640|





## 

## 

|||||Group||Charity|
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
||||E|E|E|E|
|Cash|at|bank|45,289,835|41,204,436|43,770,431|40,333,720|



|||Group||Charity|
|---|---|---|---|---|
||2021|2020|2021|2020|
||E|E|E|E|
|Trade creditors|1,230,523|937,464|1,162,007|868,924|
|Social Security and Taxation|0|67,626|0|67,626|
|Other Creditors|6,467,230|5,428,623|6,267,208|5,460,237|
|Accruals|653,906|817,253|650,171|541,696|
||8,351,660|7,250,966|8,079,386|6,938,483|



## 



## 

## 

## 



## 

## 

|13.Funds|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Movement<br>In|Movement<br>In||||
||||Restated|Incoming|resources||Gains and||
||||Balance|resources|expended|Transfer|Losses|Balance|
|||Notes|01-Ian-21|||||31-Dec-21|
||||E|E|6|6||E|
|Unrestricted<br>Funds||15|105,413,169|15,662,968|(16,582,223)|206,762|6,976,885|111,677,561|
|Restricted Funds|||||||||
|Panshes Special Collections|||199,057|265|0|0||199,322|
|Pleasington<br>Priory|||1,012,133|213,323|(10,577)|(6,201)||1,208,678|
|Stydd Trust|||309,639|0|0|0||309,639|
|Stanford Trust|||385,466|0|0|0||385,466|
|Ecclesiastical Education|Fund||0|122,523|(118,519)|(4,005)||0|
|SCA - School Building Works|||7,471,929|10,556,309|(10,997,120)|(196,556)||6,834,562|
|Other Restricted<br>Funds|||103,982|327,004|(275,088)|0||155,898|
||||9,482,206|11,219,425|(11,401,303)|(206,762)|0|9,093,566|
|Designated<br>Funds|||21,200|0|0|0|0|21,200|
|Endowment<br>Funds|||1,456|0|0|0|0|1,456|
|TOTAL FUNDS|||114,918,031|26,882,393|(27,983,525)|0|6,976,885|120,793,783|
|||||Movement<br>In|Movement<br>in||||
|||||Incoming|resources||Gains and|Restated|
||||Balance|resources|expended|Transfer|Losses|Balance|
|||Notes|01-)an-20|||||31-Dec-20|
||||||6|E||E|
|Unrestricted<br>Funds||15,18.3|109,628,420|12,831,950|(16,966,707)|(80,493)|0|105,413,169|
|Restricted Funds|||||||||
|Parishes Special Collections|||160,784|90,981|(96,0121|43,304||199,057|
|Pleasington<br>Priory|||1,012,133|0|0|0||1,012,133|
|Stydd Trust|||309,639|0|0|0||3D9,639|
|Stanford Trust|||385,466|0|0|0||385,466|
|Ecclesiastical Education|Fund||73,423|2,593|(113,205)|37,189||0|
|SCA - School Building Works||18.1|0|11,124,455|(3,652,526)|0||7,471,929|
|other Restricted<br>Funds|||103,982|0|0|D||103,982|
||||2,045,427|11,218,029|(3,861,743)|80,493|0|9,482,206|
|Designated<br>Funds|||21,200|0|0|0|0|21,200|
|Endowment<br>Funds|||1,456|0|0|0|0|1,456|
|TOTAL FUNDS|||111,696,503|24,049,979|(20,828,450)|0|0|114,918,031|



## 



## 

|3.2.D|esignate|d<br>Funds||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Movement|Movement|||||
||||Restated|In Incoming|in resources||Gains, losses|||
||||Balance|resources|expended|Transfer|and|transfers|aalance|
||||01-lan-21||||||31-Dec-21|
||||6|E|4|E||6|E|
|Moston|&Wardley|cemeteries|21,200|0|0|0||0|21,200|
||||21,200||0|0||0|21,20D|



## 

## 

|||||Movement|Movement|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Restated|In incomlns|In resources||||Gains, losses|||
||||Balance|resources|expended||Transfer||and transfers||Balance|
||||01-lan-21||||||||324tec-22|
||||6||||||||6|
|SRCDTR|||1,000||||||||1,000|
|Moston|&Wardley|cemeteries|456||||||||456|
||||1,456|||0||0||0|1,456|



## 



## 

## 

## 

## 

|||Gmup||Charity||
|---|---|---|---|---|---|
||||Restated||Restated|
||Notes|2021|2020|2021|2020|
|Unrestricted||6|E|E|6|
|Designated<br>and general||||||
|Balance at 1January 2021|15|105,434,369|109,649,620|105,355,530|109,709,530|
|Net movements<br>in the year||6,057,631|(4,134,7581|6,111,462|(4,273,507)|
|Transfer between<br>funds||206,762|i80,493)|206,762|(80,493)|
|Balance at 31December 2021||111,698,762|105,434,369|111,673,753|105,355,530|
|Restricted||||||
|Balance at 1January 2021|15|9,482,206|2,045,427|9,482,206|2,045,427|
|Net movements<br>in the year||i181,878)|7,356,286|(181,878)|7,356,286|
|Transfer between<br>funds||i206,762)|80,493|(206,762)|80,493|
|Balance at 31December 2D21||9,093,565|9,482,206|9,093,566|9,482,206|
|Permanent<br>endowment||||||
|Balance at 1January 2021||1,456|1,456|1,456|1,456|
|Net movements<br>In the year||0|0|0|0|
|Balance at 31December 2021||1,456|1,456|1,456|1,456|
|Total Funds||120,793,783|114,918,031|120,768,775|114,839,192|



## 

## 

|15.An|alysis ofnet assets betwe|en<br>funds|||||
|---|---|---|---|---|---|---|
||||Designated|Restricted|Permanent||
|Group||Unrestricted<br>funds|funds|funds|endowment|Total|
|||6|6||E||
|Fund balances at 31December 2021are||represented<br>by:|||||
|Tangible|fixed assets|37,072,609|0|0|0|37,072,609|
|Investment<br>assets||43,119,388|0|0|0|43,119,388|
|Current|assets|39,837,224|21,200|9,093,565|1,456|48,953,446|
|Current|liabilities|(8,351,660)|0|0|0|(8,351,660)|
|Total net assets at 31December 2021||111,677,562|21,200|9,093,565|1,456|120,793,783|
||||Designated|Restricted|Permanent||
|||Unrestrlctedfunds|funds|funds|endowment|Total|
|||E|6||||
|Fund balances at 31December 2021are||represented<br>by:|||||
|Tangible|fixed assets|36,690,536|0|0|0|36,690,536|
|Investment<br>assets||43,119,393|0|0|0|43,119,393|
|Current|assets|39,922,010|21,200|9,093,566|1,456|49,038,232|
|Current|liabilities|(8,079,386)|0|0|0|i8,079,386)|
|Total net assets at 31December 2021||111,652,553|21,2DO|9,093,566|1,456|120,768,775|





## 

## 

||Balance|Financing|Balance|
|---|---|---|---|
|Group|01-Jan-21|Cash Flows|31-Dec-21|
||E|E|E|
|Cash at bank and in hand|41,816,910|5,327,848|47,144,758|
|Debt due within one year|(5,428,623)|(1,038,607)|(6,467,230)|
|Net Funds|36,388,287|4,289,241|40,677,528|
||Balance|Financing|Balance|
|Charity|01-Jan-21|Cash Flows|31-Dec-21|
||E|E|E|
|Cash at bank and in hand|40,946,193|4,679,160|45,625,354|
|Debt due within one year|(5,460,237)|(806,971)|(6,267,208)|
|Net Funds|35,485,956|3,872,190|39,358,146|



## 

## 



## 

||||||Catholic|Catholic||||
|---|---|---|---|---|---|---|---|---|---|
||||||Building|Support|||Restated|
||||||Services|Services|SDCTrading|2021|2020|
||||||Umlted|Umited|Umited|Total|Total|
||||||E|E|E|E|E|
|Tangible fixed assets|||||0|2,074|380,001|382,075|423,406|
|Current assets|||||39,031|1,312,531|356,262|1,707,824|1,456,324|
||||||39,031|1,314,605|736,263|2,089,899|1,879,730|
|Creditors: amounts|||falling|due within|(39,029)|(339,528)|(1,704,766)|(2.083,323)|(1,933,449)|
|one year||||||||||
||||||2|975,077|(968,503)|6,576|(53,719)|
|Creditors: amounts|||falling|due after|0|0|0|0|0|
|more than one||year||||||||
||||||2|975,077|(968,503)|6,576|(53,719)|
|Representing;||||||||||
|Share capital||||||1|2|5|5|
|Profit and loss||account||||975,076|(968,505)|6,571|(53,724)|
||||||2|975,077|(968,503)|6,576|(53,719)|
||||||Cathoac|Catholic||||
||||||Bugdlng<br>Services|Support<br>Services|SDCTrading|2021|Restated<br>2020|
||||||Umlted|Umited|Umited|Total|Total|
||||||E|E|E|E|E|
|Turnover|||||34,741|1,609,192|514,967|2,158,901|1,660,737|
|Cost ofsales|||||(31,610)|(618,651)|(684,415)|(1,334,676)|(695,657)|
|Gross proSt/|(loss)||||3131|990,541|(169,448)|824,225|965,080|
|Administrative||expenses|||(3,132)|(40,468)|(60,881)|(104,480)|(956,766)|
|Establishment|Costs||||0|0|(125,571)|(125,571)|0|
|Finance charges|||||0|0|(14,148)|(14,14S)|0|
|Depreciation|costs||||0|0|(81,094)|(81,094)|0|
|Other Operating<br>receivable||income -||grants|||194,932|194,932|268,200|
|Taxation||||||(180,992)||(180,992)||
|Interest receivable||||||||0||
|iset profit|||||0|950,073|(256,210)|512.872|276,514|
|Retained<br>earnings|||brought|forward|0|658,572|0|658,572|0|
|Amount<br>gifted||to charity|||0|(633,569)|0|(633,569)|(518,552)|
|Retained<br>in the||subsidiary|||0|975,076|(256,210)|537,875|(242,038)|





## 

## 

## 

|||Prior toRestatement||18.1|18.2|18.3|Restated|
|---|---|---|---|---|---|---|---|
|Notes:||2020|SCA hugdlng|Works|Parish|SDC|2020|
|||5||E|E|5|E|
|2.1|Oonatlons<br>and legacies|6,506,622|||(79,418)||6/27,204|
|2.5|Other Income|2,382,951|||(1,120)||2,381,831|
|2.6|SCA - School Building Works||11,124,455||||11,124,455|
|3.1|Raising Funds|1,281,493||||(51,263)|2430,230|
|3.2|Charitable<br>Activities|16,003,245|||(57,551)||15,945,694|
|3.3|SCA - School Building Works||3,652,526||||3,652,526|
|3.7|Net Movement<br>in Funds|(4,278,676)|7,471,929||(22,987)|51,263|3422,529|
|4|Fixed Assets|36,674,267|||(3,971)|51,263|36,722859|
|9|Bank|41,311,142|||(106,706)||42,204/36|
|10|Creditors|14,723,057|(7,471,929)||(162)||7,250,966|
||Unrestricted<br>Funds-<br>Parochial<br>Brought Forward|37,106,878|||(110,513)||36,996,365|
|13|Restricted<br>Funds|2,010,277|7,471,929||||97I82,206|
||SOC Trading<br>Limited<br>Expenditure|1,031,280||||(51,263)|980,017|



## 



## 

## 

##