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2022-12-31-accounts

Acting President Acting President Acting President Canon Paul Cummins, Canon Paul Cummins, Canon Paul Cummins, Diocesan Administrator Diocesan Administrator Diocesan Administrator Diocesan Administrator Diocesan Administrator
Trustee Directors A Rodgers Acting Chair
VMagor '
M Shepherd
Deacon TVan Kroonenburg
M Marszalek Appointed 01/06/2022
H Brown Appointed 09/11/2022
C Hambly
KEllacott Resigned 23/03/2022
JLarter Deceased 30/12/2022
Secretary: Mr V Magor
Registered Deice: StBoniface House
Ashburton
Devon TQ13 7JL
Company Registered Number: 1546053
Charity Registered Number: 282803
Website: www. ccs I outh. or .uk
Appointment ofTrustee Directors: Trustee
Directors		 are appointed in writing by
the		 Roman
Catholic Bishop of Plymouth
Accountants: Westnotts
Chartered
Ac'countants
Plymouth
Bankers: National
Westminster		 Bank Plc
Exeter
Solicitors: Messrs Tozers
Exeter
Investments: Stockdale Asset Management
Lanivet
Comwall
Public Benefit The charity trustees have complied with the duty ofthe Charities
Act 2011 to have regard to guidance published by the Charity
Commission. The trustees feel they satisfy the public benefit by
providing
for		 the charitable needs of children and young people
and families, for those ofCatholic faith and none.

2020 2021 2022
Number of giant applications received —total for 219 314 396
ear
Applications declined/cancelled/or no longer 24 79 166
re uired
Number of applications suspended due to limited 56
fundin —not rocessed
, Number of grants approved'and processed for the 195 235 174
ear

ber ofitems purchased
by C		 CSP.
2022
Total number of items provided
to families/carers.		 [School uniform
has been		 305
based on I
erson = I item and not all		 items rovided to one child .
Number
of children
who		 have
benefited		 directly from the grant. [items 134
urchased
A
lication where a child or		 children in the famil has additional needs. 25
A
lication where an adult a		 licant/s has a disabili or additional
needs.		 17

or the
ear ended 31Dece		 mber 2022
Notes 2022 2022 2022 2021
Restricted Unrestricted Total Total
Incoming Resources
Incoming
resources		 from
generated
funds
Donations
and legacies		 9,375 52,902 62,277 90,267
Investment
income		 3 143 3,143 3,344
Total incoming resources 9375 56,045 65,420 93611
RESOURCES EXPENDED
Costs of,generating
funds
Cost ofgenerating
income		 (30,544) (30,544) (28,684)
Investment
management
costs		 (1,364) (1,364) (1,620)
Charitable
activities
Patchwork
Family Support		 Project (29,084) (29,084) (24,389) .
Good Shepherd
Rainbows (959) (959)
Direct
grant
funding
of		 individuals (9,375) (29,649) (39,024) (54;702)
and other institutions
'
Indirect support costs 8,320 8,320 7,881
Total resources expended 9,375 99,920 109,295 117,276
Net
incoming/(outgoing)		 resources (43,875) (43,875) (23,665)
before
other
recognised		 gains and
losses
Net
Realised
and		 Unrealised (34,641) (34,641) 18,329
gains/(losses)
on investments
Net movement
in funds		 (78,516) (78,516) (5,336)
Transfers
between
funds
Total funds brought forward 264,969 264,969 270,305
Total funds carried forward 186,453 186,453 264,969

Notes Restricted ' Unrestricted 2022 2021
Total ' Total
Fixed Assets
Tangible Assets 9 1,325) 1,325 1,843
Investments 10 168,231 168,231 220,541
169,556, 169,556 222,384
Current
Assets
Debtors 1,629
Cash at bank and in hand 27,486 27,486 50,293
27,486 27,486 51,922
Creditors
—amounts		 falling due 12 (10,589) (10,589) (9,337)
within one year
Net Current
Assets		 16,897 16,897 42,585
Total Net Assets 186,453 186,453 264,969
Income Funds 15
'
Designated
Funds
Tangible Fixed Asset Fund 1,325 1,325 1,843
Patchwork Fund
Trustee designated fund 22,000. 22,000 22,000
Unrestricted
Funds
General Fund 163,128 163,128 241,126 '
186,453 186,453 264,969

Resources Expended Expended
Costs ofgenerating
voluntary		 Charitable Expenditure
income
Costs incurred
in raising
funds Irom volun
sources
Governance Charitable
activities
Costs associated
with the governance
arrangements
ofthe charity
which relate to the
general
running ofthe
charity as opposed to
those costs associated
with
fundraising
or
charitable
activity		 Direct
costs
Expenditure
spent
directly
on the
charity's
objects,
analysed
by
the type of		 Direct support
Costs
Costs of
directly
supporting
activities
to
fulfil the
charity's
objects		 Indirect support Costs
Costs ofthe administration
function carried out
centrally e.g. costs of
maintaining
records,
preparing
Financial
Statements
and ensuring
compliance
with civil law
in all the charity's
dealings
and also services to
activity charitable
activities
that
cannot be directly allocated

2022 2021
Donations 31,604 26,949
Crib offerings 3,559 1,236
Collections 17,739 14,607
Legacies 1,000
Grants 9,375 46,475
62,277 90,267

2022 2021
Listed investments 3,044 3,343
Interest received 99 I
3,143 3,344

Activities Grant funding Indirect Total Total
undertaken ofactivities support 2022 2021
directly costs
Cost ofGenerating Voluntary
Income
Fundraising
and publicity
Grant fundraiser		 21,697 8,847 30,544 28,684.
'Investment management costs 1,364 1,364 1,620
Costs ofgenerating funds 23,061 8,847 31,908 30,304
Charitable Expenditure
Direct Grants 39,024 39,024 54,702
Patchwork (Family Support 20,660 8,424 29,084 24,389
Project)
Good Shepherd
Rainbows 959 959
Indirect support costs 5909 2,411 8,320 7,881
89;613 19,682 109,295 117,276
Other support costs comprise: 2022 2021
Administration salary 15,3'I 6 15,788
Other administration 4,366 3,987
19,682 19,775

2022 2021
Indirect support costs
Indirect support costs include the following:
Accountancy
fees —independent		 examination 1,000 1,000
Accountancy
fees —other work		 3,407 3,212
Cost ofTrustee Directors' Motor and Travel in connection with the 294 227
governance ofthe charity
Administration
in connection		 with indirect support costs 1,208 1,000
Other support costs 2,411 2,557
8,320 7,881
PARTICULARS OFEMPLOYEES AND PENSIONS
2022 2021
Gross salaries 44,414 41,813
Employer's
national
insurance		 contributions
Pension contributions 4,953 4,574
49,367 46,387

Equipment
Cost
'At I January 2022 9,775
Additions
Disposals		 ~522
At 31 December 2022 9,251
Depreciation
At 1 January 2022 7,932
Charge for the year
Accumulated
depreciation		 on disposals 515
~521
At 31December 2022 7,926
Net Book Value
At 31December 2022 1,325
At 31December 2021 1,843

2022 2021
Listed on a recognised stock exchange:
Market value ofportfolio at I January 2022 219,309 237,642
Net investment
additions		 made in the year 51,956 49,663
. Accumulation
Dividend		 (70) 276
Disposals (66,775) (65,400)
Realised and 'unrealised (losses)/gains on investments 39,287 2,872
Market value at 31December 2022 165,133 219,309
UK cash held as part ofthe investment portfolio:
Balance at I January 2022 1,232 2,848
Transfers
Irom listed investments		 72,072 86,601
Investment
into investment
Portfolio		 (51,956) (49,663)
Income receivable 3,114 3,066
Management
Charges		 (1,364) (1,620)
Transfer to charity bank account 20,000 40,000
3,098 1,232
Balance at 31December 2022 168,231 220,541
Market
Value
2022
M&G Securities Ltd Global 18,082
LFRuffer Investments 15,529
M&G Securities Ltd UK 14,499
Aberdeen
std fd mg		 asi Global 14,188
Ashtead
Group		 9,487
M&G Strat Corp 8,801
A)phabet Inc 8,787
Marsh &McLennan Com 8,653
Abeam Plc 6,690
Big Yellow Group 6,056

10.DEBTORS - amounts
fal		 ling due within
one year
2022 2021
Accrued income 4,221 1,629
4,221 1,629
11.CREDITORS —amounts falling due within one year
2022 2021
Other creditors 1,475 3,130
Accruals 9,114 6,207
10,589 9,337

Statement ofFinaricial
Activities
Balance at
Balance at Incoming Resources Transfers and 31
1 January Resources Expended ' Investment December
2022 (Losses)/Gains 2022
Restricteil Funds
Direct Grant Funding 9,375 (9,375)
(iv)
9,375 (9,375)
Designated Funds
Tangible Fixed Assets (i) 1,843 (518) 1,325
Patchwork family
support project (ii)
Trustee designated 22,000 22,000
23,843 9,375 9,893 23,325
Unrestricted
Funds
General Fund (iii) 241,126 56,045 99,402 34,641 163,128
264,969 65,420 109,295 34,641 186,453

2022 2021
Tangible Fixed Assets 1,325 1,843
Investments 168,231 220,541
Net Current Assets 16,897 42,585
186,453 264,969