||Page|
|---|---|
|GeneralInformation|1|
|Report ofthe Trustees|2|
|Independent Examiner’sReport|5|
|Statement ofFinancial Activities|6|
|Schedule to Statement ofFinancial Activities|7|
|Balance Sheet|9|
|Notesto the Financial Statements|10|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|StatementofFinancialActivities|StatementofFinancialActivities||||||
|---|---|---|---|---|---|---|
|for the year ended 31 December 2020|||||||
|2019||||2020|||
||||Unrestricted|Restricted|||
|Total Funds|Schedule||Funds|Income|Funds|Total Funds|
|£|||£|£||£|
||Income Resources||||||
||Donations, Legacies and Similar||||||
|11,233|Incoming Resources|1|28,186||-|28,186|
|62,468|Operational Activities|2|80,412||-|80,412|
|73,701|Total Incoming Resources||108,598||-|108,598|
||Resources Expended||||||
|16,355|Costs ofGenerating Funds|4|9,737||-|9,737|
|66,077|Charitable Expenditure|5|103,301||-|103,301|
|82,432|Total Resources Expended||113,038||-|113,038|
||Net Incoming Resources||||||
|(8,731)|beforeTransfers||(4,440)||-|(4,440)|
|-|Transfers Between Funds||||||
||Net Incoming Resources before||||||
|(8,731)|Other Recognised Gains and Losses||(4,440)||-|(4,440)|
||Loss on SaleofFixed Assets|6|||||
|(8,731)|Net Movementin Funds||(4,440)||-|(4,440)|
||Fund Balances Brought Forward as at||||||
|1,669,119|1 January 2020||1,500,585|159,803||1,660,388|
||Fund Balances Carried Forward as|at|||||
|1,660,388|31 December2020||1,496,145|159,803||1,655,948|
##
|2019||||2020||
|---|---|---|---|---|---|
||||Unrestricted|Restricted||
|Total Funds|||Funds|Income|Funds|
||1|Donations, Legacies and Similar Income Resources||||
|£|||£|£||
|10,556||General Donations|28,186||-|
|677||Gift Aid Tax Refund|-||-|
|-||Legacies and Bequests|-|||
|11,233|||28,186|||
||2|Incoming Resources from OperationalActivities||||
|£|||£|£||
|||Activities in Furtherance ofthe Charity’s Objectives:||||
|-||Mass Stipends|-||-|
|10,467||Purgatorian Archconfraternity|10,226||-|
|31,490||Catholic Magazine Subscriptions|40,883||-|
|||Activities forGenerating Funds:||||
|20,209||Farming|27,819||-|
|-||Rental|||-|
|302||Other Income|1,484||-|
|50,786|||80,412||-|
||3|Investment Income||||
|£|||£|£||
|-||Bank Interest||||
|||Resources Expended||||
||4|Costs ofGenerating Funds||||
|£|||£|£||
|16,355||Farming|9,737||-|
##
|2019||||2020|
|---|---|---|---|---|
||||Unrestricted|Restricted|
|Total Funds|||Funds|Income Funds|
||5|Charitable Expenditure|||
|£|||£|£|
|||Grants Payable in Furtherance ofthe Charity’s Objects:|||
|13,300||Donations
—Transalpine Redemptorists|24,250||
||||24,250||
|||Costs ofActivities in Furtherance ofthe Charity’s Objects:|||
|3,609||Catholic Magazine|3,961||
|7,752||Apostolate|13,709||
|25,620||Golgotha Monastery Expenses|45,464||
|-||Eastchurch Monastery Expenses|-||
|||Mass Stipends|||
|36,981|||63,134||
|||Costs ofManagement and Administration oftheCharity:|||
|309||Motor Vehicle Expenses|469||
|1,428||General Administration Expenses|4,903||
|14,060||Amortisation and Depreciation|10,545||
|15,796|||15,917||
|66,077|||103,301||
||6|Loss on sale ofFixed Assets|||
|£|||£|£|
|||Loss on SaleofFixedAssets|||
##
|2019||||2020||
|---|---|---|---|---|---|
|||||Restricted||
||||Unrestricted|Income||
|||Notes|Funds|Funds|Total|
|£|||£|£|£|
||Fixed Assets|||||
|1,653,481|Tangible Assets|5|1,483,133|159,803|1,642,936|
||Current Assets|||||
|-|Stock||3,430|-|3,430|
|15,150|Debtors|6|19,491|-|19,491|
|12,386|Cash atBankand inHand||18,696|-|18,696|
|27,536|||41,617|-|41,617|
|20,629|ShortTerm Creditors|7|28,605|-|28,605|
|6,907|Net Current Assets/(Liabilities)||13,012|-|13,012|
|1,660,388|Total Assets Less CurrentLiabilities||1,496,145|159,803|1,655,948|
|1,660,388|Net Assets||1,496,145|159,803|1,655,948|
||Funds|||||
|1,660,388|||1,496,145|159,803|1,655,498|
##
##
##
##
##
##
##
|Depreciation is charged on the following asset groups atthe follo|wing rates:|
|---|---|
|Freehold Land|- is not depreciated|
|Freehold Buildings and Improvements to FreeholdBuildings|- is not depreciated|
|Plant and Equipment|- 25% perannum on areducing basis|
|Fixtures, Fittings and Equipment|- 25% per annum on a reducing basis|
|MotorVehicles|- 25% perannum on a reducing basis|
##
##
##
##
##
|FundName|Type ofFund|Purpose and Restrictions||
|---|---|---|---|
|Aid to Our Lady’s Russia|Restricted Income Fund|The purpose of Aid to Our Lady’s Russia|is to|
|||receive anddistributepurely financial assistancefor||
|||the poor Catholics ofRussia, particularly for|those|
|||married couplestrying to refusethesinfultwo-child||
|||family
anti-life
culture,
of contraception|and|
|||abortion.||
|Papa Stronsay Appeal|Restricted Income Fund|Appealto assistinthepurchaseoftheIslandofPapa||
|||Stronsay||
##
||Papa||
|---|---|---|
|Aid to Our|Stronsay||
|Lady’s Russia|Appeal|Total|
|£|£|£|
|-|||
|-|-|-|
|69,548|90,255|159,803|
|69,548|90,255|159,803|
##
##
##
##
|Details ofMovements on Assets||||||
|---|---|---|---|---|---|
||Freehold||Fixtures,|||
||Land &|Plant &|Fittings &|Motor||
||Buildings|Equipment|Equipment|Vehicles|Total|
||£|£|£|£|£|
|Cost||||||
|Balance as at 1 January 2020|1,611,301|309,693|55,959|14,040|1,990,993|
|Additions|-||-|-||
|Disposals||||||
|Balance as at 31 December 2020|1,611,301|309,693|55,959|14,040|1,990,993|
|Depreciation||||||
|Balance as at 1 January 2020|-|270,515|55,701|11,296|337,512|
|Depreciation Eliminated|-|-|-|-|-|
|Charge forYear|-|9,795|64|686|10,545|
|Balance at 31 December2019|-|280,310|55,765|11,982|348,057|
|NBV at 31 December 2020|1,611,301|29,383|194|2,058|1,642,936|
|NBVat3I December2019|1,611,301|39,178|258|2,744|1,653,481|
##
##
|||2020|2020|2019|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Unrestricted|Restricted|
|||Fund|Fund|Fund|Fund|
|||£|£|£|£|
|Other|Debtors|2,928|-|2,532||
|VAT||16,563||12,618||
|||19,491|-|15,150||
##
##
|Amounts Falling Due within One Ye|ar|ar|||
|---|---|---|---|---|
||2020||2019||
||Unrestricted|Restricted|Unrestricted|Restricted|
||Fund|Fund|Fund|Fund|
||£|£|£|£|
|Trade Creditors||-|5,001||
|Other Creditors|26,105|-|13,628||
|Accmals|2,500||2,000||
||28,605|-|20,629||
##