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2020-12-31-accounts

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THE SOCIEfY OF ST PIUS X TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Appro rder ofthe Members ofthe Board of Truste￿ and *ned on its behalf by.. John Crosflold VernoAIIigs Trustee Date.. 161h D90 2021 Th• Reverond Robort BTucclanl Trusteg Paga 6

ThE 80CIEfY OF ST PIUS X STATEMENT OF TRUSTEES. RESPONSI8ILmES FOR THE YEAR ENDED 31 DECEMBER 2020 The Trustees are responsible for preparing the Trustees. Report and the fiftanc1￿ statements in accordance th applicable law and United Kingdom Accounting StarKtsrds (United lfjngdom Generally Acxepled Accounting Practi￿1. Th8 law applicable to Gharib9$ in England & Wales and Scotland requir8s th6 Trustses to prepare finartcial ststemenls for each financlal ye8r which give a true and falr of the stste of affairs of the Charity and of its incoming resources and appltcalbn of resources, including its income and oxpenditure, for that period. In preparing Ihase financial statements. the TrLtstoes are required to.. select suitable accounting pollcies and then apply them o)nsistentty: obs9rve the methods and principles of Ihe Charities SORP (FRS 1021., make judgements and ac￿nting estimates that are reasonable and prudentr, state whether applicable UK Accounth"ng Stsndards IFRS 102) have been followed. subled to any material departures disdosed and oxp18ined in the flnanclal statements., prepare the financial ststements on the going ￿nC8M basis un18Sg it is inapproprkate to presume that the Charity wlll continue In bu8ln85s. Th8 TTUStees are responsible for keeping proper accounting records that are sufficient to show and explain the Chartvs transactions and disclose with fe8sonable accuracy al any time the financial posilion of the Charity and enable them to ensure that the financial stslements comply with the Chariti8s Act 2011. the Charity {A￿OUnts and Reports) Regulations 2008. the Charities and Trustee Investment {ScotL8ndl Act 2005, the Chartties Accounts Iscodand) RagulatK>nS 2006 las amended) and the provision5 of the Twst deed. They are also responsible for safegu8rdirsg the assets of the Charity ar￿ hence for taking reasonable steps for the pr8ventlon and detection of fr8ud and other irregularities. e Membors ofthe Board ofTrustses and on its bohaw by: Approved b Jo Crosfield Vomor4111es tee Date: The Rovernnd Itobort BTucclani Twstee 16th D8c 2021 Page 7

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THE SOCIEfY OF ST PIUS X BALANCE SHEET AS AT 31 DECEMBER 2020 As restated As rnslated 2019 2019 2020 Fixed assets Tangiblg a88ets Inv8$thients 15 16 10.343,604 4981.176 10,895.439 3,742. 181 15.324.779 14,637,620 Currenl a$￿tr Stocks Debtors Prop8ty held for sale Cash at bank and in hand 17 18 15 23 15.000 524.21S 260,000 692.190 15.000 361,457 223.517 IN81A05 599,974 Credrtors.. amounts f8111ng dug within one year 19 (108,024) (270.433) Nèt Currnnt a880ts 1,373.381 329,541 Tot•l net a•g•ts 18.698,160 14,967, 161 Charlty lund• Reslrkted fund8 Unrestricted funds 20 20 1.326,025 15,372.135 1,220,735 13,746,426 Total fund8 16,698.180 14,967, 161 The th8ncAal statgments wore approved and authorf89J for i88ug by the Truslegs and Signed on thgir khalf by: John Tru Da •rnor The Reverend Robert Bru¢cianl Trustee 16th Deo 2021 The notes on pages 15 to 38 fomi part of the88 financkgl ststemnts. Page 13

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