**Charity Registration No 272899**
**THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **CONTENTS**
## **Page**
Legal and administrative information 1 Trustees' report 2 - 4 Statement of trustees' responsibilities 5 Independent examiner’s report 6 Statement of financial activities 7 Balance sheet 8 Notes to the accounts 9 - 15 Schedule of expenses 16
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL LEGAL AND ADMINISTRATIVE INFORMATION**
## **President**
Cardinal Vincent Nichols
**Vice President**
## Father Slawomir Witoń
**Trustees as at 31 December 2023**
Andrew Hollingsworth(Chairman) Simon Johnson (Vice-Chairman) Elizabeth Gibson (Treasurer) Richard Collyer-Hamlin Elizabeth Furness John Green Benedict Jennings Monica Mbanefo Sandra McNally
**Co-ordinator Charity number Principal address**
**Independent Examiner**
Joseph Allen 272899
42 Francis Street London SW1P 1QW Gibson Appleby 1-3 Ship Street Shoreham - by–sea West Sussex BN43 5DH
1
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees present their report together with the accounts of the Society for the year ended 31 December 2023 which have been prepared in accordance with the Society's governing document, Statute and Statements of Recommended Practice.
## **Objects of the charity**
Constitution: The Society's governing document is contained in the Objects and Rules, which were most recently updated in September 2021. The Society is registered under the Charities Act 1993, number 272899.
Objects of the Society: The principal object of the Society is to support the activities of Westminster Cathedral. Funds are raised to further this objective from membership subscriptions, donations, legacies and by means of a number of events approved and monitored by members of the Council, all of whom give their services on a voluntary basis.
Trustees: The Trustees, who are members of the Council, are listed below. The Society in Annual General Meeting (AGM) elects, from its members, Officers to hold the positions of Chairman, Vice Chairman and Honorary Treasurer, except if the administrator of the Cathedral is elected as Chairman he then has the right to appoint the vice chairman rather than that office being elected. The other members of the Council are also elected at the AGM. One third of the number of the Council, excluding the Officers and co-opted members, retire from office at each AGM. The members to retire are those who have been longest in office.
## **Review of activities**
Immediately following the last AGM in June 2023, The Friends hosted an event entitled ‘Coronation Reflections’, which drew together a panel comprising Catherine Pepinster (Former Editor, The Tablet), Peter Stevens (Assistant Master of Music, Westminster Cathedral), Richard Hawker (Head Sacristan, Westminster Cathedral) and Fr Paul McCourt (Royal Army Chaplains Department) to reflect on the Coronation of HM King Charles III. Facilitated by Simon M Johnson (Vice Chair of The Friends) and introduced by His Eminence Vincent Cardinal Nichols, this event was attended by over 60 people and well-received.
After the customary summer break from events, The Friends returned with three events in the autumn. We were pleased to welcome Adrian Waddingham to introduce his book Breakspear: The English Pope (History Press, 2022), where around 15 people gathered for the talk followed by Q&A refreshments and book sale. We also had a Quiz Night with Fish & Chip Supper led by Fr John Scott. As ever, these events remain very well-attended and enjoyed by all and we are very grateful to all who make these nights possible, especially our volunteers. In a particular way, Lee Alexander with his assistance with these events and Barbara Smith in her quiz setting and support on the night have been indispensable to the successful running of these events in the past year. Finally, we had a St John Henry Newman Walking Tour with acclaimed guide and writer Joanna Bogle guiding us through the City of London. Come rain or shine these walks go ahead, and we were delighted to have over 15 people once again. In all, these three events attracted over 80 unique participants – surely a sign of vitality in the life of the Friends.
In and amongst the usual round of Christmas Big Give management and welcoming donors to the Cathedral during Advent for the Christmas Celebration Concerts, as well as another round of fundraising during Lent and Easter, the Friends have enjoyed two further quizzes, one led by Fr Mike Maguire and the other ably deputised by Andrew Sanders. We are very grateful to both for their continued support of The Friends. As the days have become brighter and warmer we have also had another two Catholic History Walks with Joanna Bogle, one from St Paul’s Cathedral to St Mary Moorfields and the other from The Rosary Shrine, Haverstock Hill to Hampstead Heath. These days are very much enjoyed by all who partake, and I hope they will serve in time as a precursor to the reinstatement of trips further afield.
Last but not least, in the weeks following the 2024 AGM there will be a Monastic Beer and Wine Taster Evening in the Cathedral Hall, led by London-based Catholic family business Monastic Order. There
2
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
will also be a visit to Corpus Christi Maiden Lane at the end of June – which will offer the chance to learn more about the Blessed Sacrament Shrine, and also to visit the Shrine to Blessed Carlo Acutis – a topical feature given that a second miracle was recently attributed to him and therefore the road to sainthood advanced. Details of both of these events have been mailed out to all members with the AGM papers.
Looking ahead to autumn and beyond, we will have a day trip to Richmond in October which will be our first event outside central London in some time. Thereafter, we are busy planning a range of trips and events, and expect that the coming year will offer the chance to arrange events on a wider range of days and times, as well as possibly hybrid/online participation opportunities. We hope to publish these events by mid-August with the expectation that events will begin in mid to late September.
## **Fundraising**
Our major fundraising activity of the year was the Christmas Big Give 2023. We set out to raise £80,000 to complete a fundraising target of £300,000 towards the new lighting in Westminster Cathedral Sanctuary. We raised £80,0025 before Gift Aid but with Gift Aid over £95,000. We were able to grant £300,000 to Westminster Cathedral as our contribution to the lighting.
## **Trustees**
The trustees, who are members of the Council, are listed below: -
Richard Collyer-Hamlin Benedict Jennings Elizabeth Furness Simon Johnson Elizabeth Gibson Sandra McNally Andrew Hollingsworth Monica Nkechi Mbanefo John Green (appointed 20 June 2023) Father Slawomir Witoń (resigned 20 June 2023)
## **Review of the financial position**
During the year the Society generated income of £119,297 (2022-£94,248) and have incurred expenses of £18,512 (2022- £8,855), thus generating £100,785 (2022 - £85,913) from operations in the year to support the work of Westminster Cathedral. Grants - falling due in the year amounted to £370,000 (2022 £28,441) resulting in a net decrease in funds of £269,215 (2022-£ 56,952 increase). The accumulated fund has increased by £665 (2022 -£15,073) to stand at £54,272 (2022 - £53,607). The Society is successful in raising funds for specific projects within the Cathedral; raising funds to meet its own running costs has proved more difficult. The position has been balanced by reducing expenditure in particular replacing the full time director with a part time coordinator. During 2022 there were no employed staff for just over eight months. Although the trustees consider the present position to be satisfactory, they continue to look at fundraising and measures to increase the membership of the Society to increase the unrestricted income.
3
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Public benefit statement**
The trustees confirm that they have complied with their duty under section 17 of The Charities Act 2011 to have regard to public benefit guidance published by The Charity Commission. The Council has referred to the guidance contained in the Charity Commission’s guidance on public benefit and has planned The Friends’ activities to avoid the granting of any private benefit other than a private benefit which is purely incidental to carrying out The Friend’s objectives. The Council believes it has followed the Charity Commission’s guidance in this area.
Westminster Cathedral is a very popular building attracting large numbers of visitors every day. Although its primary purpose is as the Cathedral for Westminster Diocese and as a busy city centre parish, many people from further afield and from other Christian denominations, other faith communities and of no faith use the Cathedral. It is an oasis of prayer, calm and spirituality in our busy city as well as an attraction due to the art and architecture of the building and the quality of its music. In supporting Westminster Cathedral the Friends help to provide a valued facility to the wider public.
## **Key management personnel**
The trustees consider themselves as trustees and the co-ordinator to comprise the key management personnel of the charity in charge of directing and controlling, running and operating The Friends on a day to day basis. All trustees give of their time freely and no trustee received remuneration or reimbursement of expenses in the year.
The pay of the employee is reviewed annually and normally increased in accordance with the cost of living increases awarded to employees of the Archdiocese of Westminster.
## **Risk factors**
The trustees have considered the major risks to which the Charity is exposed. These include a reduction in income, a drop in membership and the loss of records. The concerns are being addressed by fundraising, the programme of events, the campaign to recruit new members and procedures to back up computerised records. There is a particular risk of breach of data protection laws particularly with the introduction of the General Data Protection Regulations (GDPR). The trustees consider they have adequately assessed this risk and taken the necessary steps to protect data and obtain consent to use data where the use is not justified by legitimate commercial interest.
## **Going Concern**
The trustees have considered the future of the operation of the Friends. By the very nature of the operations most of the income of the Friends is raised from fresh initiatives each year. However, the trustees believe that all definite funding commitments are covered by designated and restricted funds held at 31 December 2023, On that basis the trustees have concluded that the Society of Friends of Westminster Cathedral is a going concern.
## **A final thank you**
I should like to conclude with my personal thanks to all those volunteers who make the work of the Society a success, to those members of the Council who now retire by rotation and to all Council members for the contribution they have made to the work of the Society and to Joseph Allen whose unstinting work makes so much of what we do possible.
On behalf of the trustees
Trustee Andrew Hollingsworth Dated July 2024
4
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **STATEMENT OF TRUSTES' RESPONSIBILITIES**
The trustees are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the society and of the incoming resources and application of resources of the society for that year.
In preparing these accounts, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts; and,
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
5
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **INDEPENDENT EXAMINER’S REPORT**
## **TO THE TRUSTEES OF THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
I report to the trustees on my examination of the accounts of the Society of Friends of Westminster Cathedral (the Charity) for the year ended 31 December 2023, which are set out on pages 7 to 15.
## **Responsibilities and basis of report**
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’).
I report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
(2) the accounts do not accord with those records; or
(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah Johnson FCCA ACA
Gibson Appleby Chartered Accountants 1-3 Ship Street Shoreham by Sea West Sussex BN43 5DH
Date: July 2024
6
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Notes**
**Incoming resources from generated funds**
Donations received
**2**
Interest receivable
Incoming resources from
charitable activity
**3**
**Total incoming resources**
**Resources expended**
**Cost of generating funds**
Cost of generating donations and legacies
**Net incoming resources available**
**Charitable activities**
Operating costs
Grants to Westminster Cathedral
**Total charitable expenditure**
Governance costs
**Total resources expended**
**4**
**Net income for the year**
**Net movement in funds**
Fund balances
at 1 January 2023
**Fund balances**
**at 31 December 2023**|**Unrestricted funds**
**Restricted**
**Total**
**2023**
Total
2022
**Accumulated**
**Designated**
**funds**
**£**
**£**
**£**
**£**
£
**2,657**
**-**
**80,025**
**82,682**
66,458
**266**
**-**
**3,274**
**3,540**
267|
|---|---|
||**2,923**
**-**
**83,299**
**86,222**
66,725
**16,254**
**-**
**16,821**
**33,075**
27,523|
||**19,177**
**-**
**100,120**
**119,297**
94,248|
||**35**
**-**
**-**
**35**
35|
||**35**
**-**
**-**
**35**
35|
||**19,142**
**-**
**100,120**
**119,262**
94,213
**12,959**
**-**
**-**
**12,959**
5,715
**-**
**132,922**
**237,078**
**370,000**
28,441|
||**12,959**
**132,922**
**237,078**
**382,959**
34,156|
||**5,518**
**-**
**-**
**5,518**
3,105|
||**18,512**
**132,922**
**237,078**
**388,512**
37,296|
||**665**
**(132,922)**
**(136,958)**
**(269,215)**
56,952
**53,607**
**150,000**
**366,014**
**569,621**
512,669|
||**£54,272**
**£17,078**
**£229,056**
**£300,406**
£569,621|
An analysis of the above individual fund columns with prior year comparatives is provided in note 16
7
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
**----- Start of picture text -----**
2023 2022
Notes £ £ £ £
Current assets
Stock 9 962 962
Debtors 10 60,061 78,472
Cash at bank and in hand 245,624 495,648
306,647 575,082
Creditors: amounts falling due
within one year 11 (6,241) (5,461)
Net current assets
Total net assets £300,406 £569,621
Representing:-
Restricted funds 12 229,056 366,014
Unrestricted funds 13
Accumulated fund 54,272 53,607
Designated fund 17,078 150,000
71,350 203,607
£300,406 £569,621
**----- End of picture text -----**
The accounts were approved by the Trustees on July 2024
## **Trustee**
## **Trustee**
8
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1 Accounting policies**
- 1.1 **Basis of preparation**
The accounts are prepared under the historical cost convention.
- The accounts have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" issued by the Charity Commission Charities SORP (FRS 102)), (October 2019 (2nd edition)) and the Charities Act 2011.
- 1.2 **Stock**
Stock is valued at the lower of cost and net realisable value.
- 1.3 **Life subscriptions**
Life subscriptions are credited to the Statement of Financial Activities in seven equal annual instalments.
- 1.4 **Unrestricted funds**
Unrestricted funds comprise:-
- 1.4.a _Accumulated fund_ Being subscriptions and other income generated for the objects of the Society and are available as general funds.
- 1.4.b _Designated funds_ being amounts set aside and designated for specific purposes.
- 1.5 **Restricted funds**
- being amounts received from donors or raised for specific purposes, where the restriction is legally binding on the society.
## **2 Donations received**
|**onations received**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total**|Total|
||**funds**|**funds**|**2023**|2022|
||**£**|**£**|**£**|£|
|Donations and gifts|**2,657**|**80,025**|**82,682**|66,185|
|Legacies receivable|**-**|**-**|**-**
|273|
||**2,657**|**80,025**|**82,682**|66,458|
9
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
|**3**
**4**|**Incoming resources from charitable activities**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**2023**
**£**
Total
2022
£
Subscriptions
**11,756**
**-**
**11,756**
15,702
Net income from events
**3,498**
**-**
**3,498**
521
Income tax recoverable
**1,000**
**16,821**
**17,821**
11,300
**16,254**
**16,821**
**33,075**
27,523
**Total resources expended**
**Staff**
**Other**
**Grant**
**Total**
Total
**costs**
**costs**
**funding**
**2023**
2022
**£**
**£**
**£**
**£**
£
**Cost of generating funds**
Cost of generating donations and legacies
**-**
**35**
**-**
**35**
35
**-**
**35**
**-**
**35**
35
**Charitable activities**
Operating costs
Support costs
**11,138**
**1,821**
**-**
**12,959**
5,715
Grants to the Cathedral
Grant funding of activities
**-**
**-**
**370,000**
**370,000**
28,441
**11,138**
**1,821**
**370,000**
**382,959**
34,156
Governance costs
Support costs
**3,712**
**1,806**
**-**
**5,518**
3,105
**3,712**
**1,806**
**28,441**
**388,477**
37,261
_Total 2021_
5,083
3,782
28,441
37,621|**Incoming resources from charitable activities**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**2023**
**£**
Total
2022
£
Subscriptions
**11,756**
**-**
**11,756**
15,702
Net income from events
**3,498**
**-**
**3,498**
521
Income tax recoverable
**1,000**
**16,821**
**17,821**
11,300
**16,254**
**16,821**
**33,075**
27,523
**Total resources expended**
**Staff**
**Other**
**Grant**
**Total**
Total
**costs**
**costs**
**funding**
**2023**
2022
**£**
**£**
**£**
**£**
£
**Cost of generating funds**
Cost of generating donations and legacies
**-**
**35**
**-**
**35**
35
**-**
**35**
**-**
**35**
35
**Charitable activities**
Operating costs
Support costs
**11,138**
**1,821**
**-**
**12,959**
5,715
Grants to the Cathedral
Grant funding of activities
**-**
**-**
**370,000**
**370,000**
28,441
**11,138**
**1,821**
**370,000**
**382,959**
34,156
Governance costs
Support costs
**3,712**
**1,806**
**-**
**5,518**
3,105
**3,712**
**1,806**
**28,441**
**388,477**
37,261
_Total 2021_
5,083
3,782
28,441
37,621|**Incoming resources from charitable activities**
**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Total**
**2023**
**£**
Total
2022
£
Subscriptions
**11,756**
**-**
**11,756**
15,702
Net income from events
**3,498**
**-**
**3,498**
521
Income tax recoverable
**1,000**
**16,821**
**17,821**
11,300
**16,254**
**16,821**
**33,075**
27,523
**Total resources expended**
**Staff**
**Other**
**Grant**
**Total**
Total
**costs**
**costs**
**funding**
**2023**
2022
**£**
**£**
**£**
**£**
£
**Cost of generating funds**
Cost of generating donations and legacies
**-**
**35**
**-**
**35**
35
**-**
**35**
**-**
**35**
35
**Charitable activities**
Operating costs
Support costs
**11,138**
**1,821**
**-**
**12,959**
5,715
Grants to the Cathedral
Grant funding of activities
**-**
**-**
**370,000**
**370,000**
28,441
**11,138**
**1,821**
**370,000**
**382,959**
34,156
Governance costs
Support costs
**3,712**
**1,806**
**-**
**5,518**
3,105
**3,712**
**1,806**
**28,441**
**388,477**
37,261
_Total 2021_
5,083
3,782
28,441
37,621|
|---|---|---|---|
|||**Staff**
**Other**
**Grant**
**costs**
**costs**
**funding**
**£**
**£**
**£**
**-**
**35**
**-**||
|||**-**
**35**
**-**|**35**
35|
|||**11,138**
**1,821**
**-**
**-**
**-**
**370,000**|**12,959**
5,715
**370,000**
28,441|
|||**11,138**
**1,821**
**370,000**|**382,959**
34,156|
|||**3,712**
**1,806**
**-**|**5,518**
3,105|
|||**3,712**
**1,806**
**28,441**|**388,477**
37,261|
|||5,083
3,782
28,441|37,621|
Management and administration costs includes payments to the accountants of £1,200 (2021 - £1,200) for independent examination.
10
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **5 Grants approved and paid or due**
|Grants to institutions Westminster Cathedral
Lighting Cathedral Sanctuary
Refurbishment Cathedral Hall Kitchen
St George’s Chapel Mosaics|**Total**
Total
**2023**
2022
**£**
£
**300,000**
-
**70,000**
-
**-**
28,441
**370,000**
28,441|
|---|---|
## **6 Support costs**
||**Charitable**||**Total**|Total|
|---|---|---|---|---|
||**Activities**|**Governance**|**2023**|2022|
||**£**|**£**|**£**|£|
|Other operating costs|**1,821**|
**606**|**2,427**|2,582|
|Independent examination|**-**|
**1,200**|**1,200**|1,200|
|Staff costs|**11,138**|
**3,712**|**14,850**|5,038|
||**12,959**|
**5,518**|**18,477**|8,820|
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or expenses during the year.
## **8 Employees**
## **Number of employees**
|The average monthly number of employees
during the year was:
Co-ordinator
**Employment costs**
Wages and salaries|**2023**
**Number**
**1**
**1**
**2023**
**£**
**14,850 **|2022
Number
**0**
**0**
2022
£
5,038|
|---|---|---|
There were no employees from January 2022 until part way through September 2022, since when a part time coordinator has been employed.
11
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
**----- Start of picture text -----**
9 Stock
2023 2022
£ £
Commemorative Silver Eagles 531 531
Broach on sale in Cathedral Bookshop 185 185
Prize for future raffle 25 25
Wine glasses 194 194
Drinks for use at future events 26 26
961 961
10 Debtors
2023 2022
£ £
Income tax recoverable 40,264 41,500
Other debtors 19,797 36.972
60,061 78,472
11 Creditors
2023 2022
£ £
Life Subscriptions creditor 200 465
Accruals and deferred income 6,041 4,996
6,241 5,461
**----- End of picture text -----**
12
**THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **12 Restricted funds**
The income funds of the charity include the following restricted fund, representing donations given for a specific purpose which have not been spent by the end of the year:
|_Mosaics Fund_
General appeal fund
St Patrick’s Chapel
St George’s Chapel
Cathedral Hall Refurbishment
Winter Night Shelter
Cathedral Fabric Appeal
Cathedral Communications
Cathedral Lighting
_Memorial funds_
Canon Christopher Tuckwell
Altar Frontals|**Movement in funds**
**Balance at**
**1 January**
**2023**
**Donations**
**received &**
**fundraising**
**(Utilised)/**
**Realised**
**Transfers**
**In /**
**(Out)**
**Interest**
**Allocation**
**Balance at**
**31 December**
**2023**
**£**
**£**
**£**
**£**
**£**
33,039
-
-
-
225
**33,264**
56,219
-
-
-
398
**56,444**
28,919
-
-
-
225
**29,317**
118,177
-
-
-
848
**119,025**
123,537
-
(70,000)
-
1,883
**55,420**
1,008
-
-
-
13
**1,021**
1,606
-
-
-
13
**1,619**
23,453
-
-
-
159
**23,612**
70,073
96,846
(167,078)-
159
**-**
16,977
-
-
-
119
**17,096**
11,183
-
-
-
80
**11,263**
366,014
96,846
(28,441)
-
247
**229,056**|
|---|---|
The Cathedral lighting fund represents funds raised specifically to fund the replacement of the sanctuary lighting and some elements of the naive lighting.
The Mosaics general appeal fund is for Mosaic work within the Cathedral. There have been two aspects to the appeal in memory of Canon Tuckwell being to raise funds to improve Cathedral Communications and to create a mosaic in his memory. The memorial funds for Bishop Patrick O’Donoghue and Monsignor Mark Langham are to fund new altar frontals and lectern drops in green and in white respectively in their memories.
13
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **13 Unrestricted funds**
|**4**
**Analysis of net ass**
Accumulated fund
Designated funds
Cathedral Lighting|**Movement in funds**
**Balance at**
**1 January**
**2023**
**Increase in funds**
**during the year**
**Grant**
**paid**
**Balance at**
**31 December**
**2023**
**£**
**£**
**£**
**_£_**
53,607
665
**54,272**
150,000
-
(132,922)
**17,078**|
|---|---|
||203,607
665
(132,922)
**71,350**|
||**ets between funds**|
## **14 Analysis of net assets between funds**
|Fund balances at 31 December 2023 are
represented by
Current assets
Creditors amounts falling due within one
year|**Unrestricted**
**Funds**
**£**
77,591
(6,241)
71,350|**Restricted**
**Funds**
**£**
229,056
-
229,056|**Total**
**£**
**306,647**
**(6,241)**|
|---|---|---|---|
||||**300,406**|
|||||
## **15 Related Party Transactions**
The members of the Council, who are trustees of the charity, are related parties. The members of the council have all attended Friends events during the year. They have purchased tickets on the same basis as other members of the Friends.
14
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **NOTES TO THE ACCOUNTS (CONCLUDUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
## **16 Statement of Financial Activities Prior Year Comparatives by individual type of fund**
|**Incoming resources from generated funds**
Donations received
Interest receivable
Incoming resources from charitable activity
**Total incoming resources**
Resources expended
Cost of generating funds
Cost of generating donations and legacies
**Net incoming resources available**
**Charitable activities**
Operating costs
Grants to Westminster Cathedral
**Total charitable expenditure**
Governance costs
**Total resources expended**
**Net income for the year**
**Net movement in funds**
Transfer
Fund balances at 1 January 2023
**Fund balances at 31 December 2023**|**Unrestricted funds**
**Restricted funds**
**Accumulated**
**Designated**
**2023**
2022
**2023**
2022
**2023**
2022
**£**
£
**£**
£
**£**
£
**2,657**
6,685
**-**
-
**80,025**
59,773
**266**
20
**-**
-
**3,274**
247|
|---|---|
||**2,923**
6,705
**-**
-
**83,299**
60,020
**16,254**
17,223
**-**
-
**16,821**
10,300|
||**19,177**
23,298
**-**
-
**100,120**
70,320|
||**35**
35
**-**
-
**-**
-|
||**35**
35
**-**
-
**-**
-|
||**19,142**
23,893
**-**
-
**100,120**
70,320
**12,959**
5,715
**-**
-
**-**
-
**-**
-
**(132,922)**
**237,078**
28,441|
||**12,959**
5,715
**(132,922)**
-
**237,078**
28,441|
||**5,518**
3,105
**-**
-
**-**
-|
||**18,512**
8,855
**(132,922)**
-
**237,078**
28,441|
||**665**
15,073
**-**
-
**(136,958)**
41,879
**-**
-
**-**
-
**-**
-
**53,607**
38,534
**150,000**
150,000
**366,014**
324,135|
||**£54,272**
£53,607
**£17,078**
£150,000
**£229,056**
£366,014|
15
## **THE SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL**
## **SCHEDULE OF EXPENSES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Cost of generating funds**
General fundraising
**Support and governance costs**
Salaries
Postage
Printing & Stationary
Telephone
Independent examination and accountancy
Insurance
Bank charges||**31 December**
**2023**
**£**
**35**
**£35**
**14,850**
**752**
**571**
**446**
**1,200**
**438**
**220**
**18,477**||31 December
2022
£
35
£35
5,038
300
651
344
1,20
0
488
799
8,820|
|---|---|---|---|---|
||||||
||||||
||||||
16