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2020-12-31-accounts

THE ORDER OF THE MOST HOLY SAVIOUR OF ST. BRIDGET Trustees’ Report

The trustees present their report and financial statements for the year ended 31 December 2020.

Objects

The objects of the charity are the promotion of religion, religious services, and instruction for the local community. The charity also engages in care and counselling of depressed persons. It encourages the spreading and sharing of God’s universal love.

Trustees

The trustees of the charity during the year were as follows:

Valsamma Kattakayam – Abbess General Jancy Antony – Mother Superior Therese Nazareth - Assistant

Review of activities

The Order has continued to support activities and provide services in its areas of

operations. The guest houses owned and run by the charity in Iver Heath and in Holywell, Wales have continued to provide facilities to the community, and a trading surplus as a financial contribution to the Order's wider activities. The Foundation at Maryvale Theological Institute, Birmingham, continues to support the work of education and training in theology, philosophy and catechetics under the auspices of the Archdiocese of Birmingham.

Trustees' responsibilities

Charity law requires the trustees of a charity to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charity and of its income and expenditure for that period. In preparing those financial statements, the trustees are required to:

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements 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.

THE ORDER OF THE MOST HOLY SAVIOUR OF ST. BRIDGET Trustees’ Report

The trustees present their report and financial statements for the year ended 31 December 2020 Objects

The objects of the charity are the promotion of religion, religious services, and instruction for the universal love local community. The charity also engages in care and counselling of depressed pe It encourages the spreading and sharing of God’s universal love.

Trustees

The trustees of the charity during the year were as follows

Valsamma Kattakayam – Abbess General Jancy Antony – Mother Superior Therese Nazareth - Assistant

Review of activities

The Order has continued to support activities and provide services in its areas of operations. The and run by the charity in Iver Heath and in Holywell, Wales have continued to provide facilities to and a trading surplus as a financial contribution to the Order's wider activities.

The Foundation at Maryvale Theological Institute, Birmingham, continues to support the work of e training in theology, philosophy and catechetics under the auspices of the Archdiocese of Birming

Trustees' responsibilities

Charity law requires the trustees of a charity to prepare financial statements for each financial pe a true and fair view of the state of the affairs of the charity and of its income and expenditure for In preparing those financial statements, the trustees are required to:

the trustees have overall responsibily for ensurinh that the charity has an appropriate system of and otherwise. Thet are also responsible for maintaining adequte accounting records will disclose accuracy at any time the financial position of the charity and enable them to ensure that the fina 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 charity and hence for taking reasonable steps for the prevention of fraud and other irregularities

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The Order of the Most Holy Saviour St. Brigida

Accounts

for the year ended 31 December 2020

The Order of the Most Holy Saviour St. Brigida

Information

Accountants

Business Address

Bankers

Capstone Associates 110 College Hill Road Harrow Weald HA3 7DA Fulmer Common Road Iver Heath Bucks SL0 0NP National Westmeinster

The Order of the Most Holy Saviour St. Brigida

Contents

Page
Accountants Report 1
Trading Proft and Loss account 2
Balance Sheet 3

The Order of the Most Holy Saviour St. Brigida

Accountants Report on the Unaudited Accounts to the The Order of the Most Holy Savi

As described on page 3 you have approved the accounts for the year ended 31 December 2019 s 2 to 3. In accordance with your instructions we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us

Capstone Associates

110 College Hill Road Harrow Weald HA3 7DA

Page 1

lour St. Brlglda ,et out on pages

The Order of the Most Holy Saviour St. Brigida Trading and Profit and loss account for the year ended 31 December 2020

£ £ £
Income
Donations Received 25,351.96
Other Income 11,362.60
Gifts 6,338.00
Fund Generation - Guest House 81,254.82
Governmnet Grant 25,000.00
Council Grant 10,000.00
Bank Interest Received 122.67
159,430.05
Direct Expenses
Charitable Expenditure - Payable
 28,922.54
Consumables
 16,174.08
DONATIONS/CHARITY
 50,790.82
maintenance 21,790.42
Rates
 9,834.41
Light, Heat & power
 20,140.42
Miscellaneous Purchases
 710.00
Total Direct Expenses 148,362.69
Gross Proft 11,067.36
Overheads
Premises Insurance 6,635.47
Travelling 1,702.45
Postage and Carriage 404.90
Ofce Stationery -5.00
Telephone and Fax 3,270.50
Equiptment/Machine Maintenance 1,810.00
Vehicle Fuel 540.85
Vehicle repairs and servicing 787.98
Vehicle licences 300.00
MOTOR INS 1759.69
Bank Charges 323.87
Professional Fees 3,165.19
Property - Leasehold Depreciation 17,542.80
Plant/Machinery Depreciation 894.31
Furniture/Fitting Depreciation 4,451.97
Ofce Equipment Depreciation 609.87
Vehicle Depreciation 1,834.01
Advertising
 135.00
Total Overheads 46,163.86
NET PROFIT/LOSS ###

Page 2

The Order of the Most Holy Saviour St. Brigida

Balance Sheet as at 31 December 2020 2020 £ £ Fixed assets Tangible Assets 2,990,136.39 Current assets Bank Account 1 60,208.16 Bank Account 2 158,490.41 VAT 1,248.92 Net current Assets 3,210,083.88 Total Assets less Current 3,156,804.76 Liabilities Future Liabilities 1,119,714.57 Total Net Assets 2,037,090.19 Equity 2,037,090.19

I approve these accounts and confirm that I have made available all relevant records a information for their preparation.

Mother Jancy

Date:

Page 3

Ind

Independent Examiner's Report To the Trustees of

The Order of the Most Holy Saviour St. Brigida

Our report on the financial statements of the Order of the Most Holy Saviour of St. Bridget for the 31st December 2020.

Respective responsibilities of the Trustees and Examiner

As described on page 2 the charity’s trustees are responsible for the preparation of the financial s and they consider that an audit is not required for this year under section 144 (2) of the Charities and that an independent examination is needed.

Having satisfied ourselves that the charity is not subject to an audit and is eligible for an indepen is our responsibility to;

  1. Examine the financial statements (under section 145 of the 2011 Act)

  2. Follow the procedures laid down in the general directions given by the Charity Commission (un 145 (5) (b) of the 2011 Act and

  3. State whether particular matters have come to my attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with the general directions given by the Charity C Am examination including a review of the accounting records kept by the Charity and a compariso financial statements presented with those records. It also includes consideration of any unusual it disclosures in the financial statements and seeking explanations from the trustees concerning suc The procedures undertaken do not provide all the evidence that would be required in an audit and I do not express an audit opinion on the view given by the inancila statements, my report is limite matters set out in the statement below.

Independent Examiners Statement

In connection with my examination no matter has come to my attention.

  1. Which gives me reasonable cause to believe that in any material respect the requirements.

  2. To keep accounting records in accordance with section 130 of the 2011 Act and to prepare finan statements which accord with the accounting records and comply with the accounting requirem 2011 Act and with the methods and principles of the Statement of Recommended Practice - Ac Reporting by Charities have not been met or

  3. to which in my opinion attention should have been drawn to enable a proper understanding of statements to be reached.

Capstone Associates 110 College Hill Road HA3 7DA

17th September 2021

year ended

statements s Act 2011 (the 2011 Act)

dent examination, it

der section

Commission. on of the tems or ch matters. d consequently ed to those

ncial ments of the ccounting &

the financial

1

Independent Examiner’s Report To the Trustees of

THE ORDER OF THE MOST HOLY SAVIOUR OF ST. BRIGIDA

Our report on the financial statements of the Order of the Most Holy Saviour of St. Bridget for the year ended 31[st] December 2020.

Respective responsibilities of the Trustees and Examiner

As described on page 2 the charity’s trustees are responsible for the preparation of the financial statements and they consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied ourselves that the charity is not subject to an audit and is eligible for an independent examination, it is our responsibility to.

  1. Examine the financial statements (under section 145 of the 2011 Act)

  2. Follow the procedures laid down in the general directions given by the Charity Commission (under section 145 (5) (b) of the 2011 Act and

  3. State whether particular matters have come to my attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with the general directions given by the Charity Commission. Am examination including a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning ant such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements, my report is limited to those matters set out in the statement below.

Independent Examiners Statement

In connection with my examination no matter has come to my attention.

  1. Which gives me reasonable cause to believe that in any material respect the requirements.

  2. to keep accounting records in accordance with section 130 of the 2011 Act and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice – Accounting & Reporting by Charities have not been met or

  3. To which in my opinion attention should have be drawn to enable a proper understanding of the financial statements to be reached.

Capstone Associates 17[th] September 2021 110 College Hill Road

HA3 7DA