2021-12-31-accounts

	Page
General Information	1
Report ofthe Trustees	2
Independent Examiner’s Report	5
Statement ofFinancial Activities	6
Schedule to Statement ofFinancial Activities	7
Balance Sheet	9
Notes to the Financial Statements	10

Statement ofFinancial Activities	Statement ofFinancial Activities
for the year ended 31 December 2021
2020				2021
			Unrestricted	Restricted
Total Funds	Schedule		Funds	Income	Funds	Total Funds
£			£	£		£
	Income Resources
	Donations, Legacies and Similar
28,186	Incoming Resources	1	299,508		-	299,508
80,412	Operational Activities	2	52,164		-	52,164
108,598	Total Incoming Resources		351,672		-	351,672
	Resources Expended
9,737	Costs ofGenerating Funds	4	25,834		-	25,834
103,301	Charitable Expenditure	5	142,694			142,694
113,038	Total Resources Expended		168,528		-	168,528
	Net Incoming Resources
(4,440)	before Transfers		183,144		-	183,144
	Transfers Between Funds
	Net Incoming Resources before
(4,440)	Other Recognised Gains and Losses		183,144		-	183,144
	Gain on Sale ofFixed Assets	6	12,336		-	12,336
(4,440)	Net Movement in Funds		195,480		-	195,480
	Fund Balances Brought Forward as at
1,660,388	1 January 2020		1,496,145	159,803		1,655,948
	Fund Balances Carried Forward as	at
1,655,948	31 December 2021		1,691,625	159,803		1,851,428

2020	2020				2021
				Unrestricted	Restricted
Total Funds				Funds	Income Funds
		1	Donations, Legacies and Similar Income Resources
£				£	£
28,186			General Donations	156,260
	-		Gift Aid Tax Refund	-
			Legacies and Bequests	143,248
28,186				299,508
		2	Incoming Resources from Operational Activities
£				£	£
			Activities in Furtherance ofthe Charity’s Objectives:
	-		Mass Stipends	-
10,226			PurgatorianArchconfraternity	6,605
40,833			Catholic Magazine Subscriptions	26,228
			Activities for Generating Funds: -
27,8	19		Farming	19,308
	-		Rental	-
1,484			Other Income	23
80,412				52,164
		3	Investment Income
£				£	£
			Bank Interest
			Resources Expended
		4	Costs ofGenerating Funds
£				£	£
9,737			Farming	25,834

2020				2021
			Unrestricted	Restricted
Total Funds			Funds	Income Funds
	5	Charitable Expenditure
£			£	£
		Grants Payable in Furtherance ofthe Charity’s Objects:
24,250		Donations —Transalpine Redemptorists	19,675
-		Other Donations	18,300
24,250			37,975
		Costs ofActivities in Furtherance ofthe Charity’s Objects:
3,96 1		Catholic Magazine	3,248
13,709		Apostolate	35,787
45,464		Golgotha Monastery Expenses	49,602
-		Eastchurch Monastery Expenses	-
		Mass Stipends	-
63,134			88,637
		Costs ofManagement and Administration ofthe Charity:
469		Motor Vehicle Expenses	1,373
4,903		General Administration Expenses	5,612
10,545		Amortisation and Depreciation	9,097
15,917			16,082
103,301			142,694
	6	Gainl(Loss) on sale ofFixed Assets
£			£	£
		Gain/(Loss) on Sale ofFixed Assets	12,336

ce Sheet cember 2021
2020				2021
				Restricted
			Unrestricted	Income
		Notes	Funds	Funds	Total
£			£	£	£
	Fixed Assets
1.642,936	langible Assets	5	1,468,518	159,803	1,628,321
	Current Assets
3.430	Stock		7,210	-	7,210
19,491	Debtors	6	6,142	-	6,142
18.696	Cash at Bank and in Hand		212,780	-	212,780
41.617			226,132	-	226,132
28,605	Short Term Creditors	7	3,025	-	3,025
13.012	Net Current Assets/(Liabilities)		223,107	-	223,107
1,655,948	Total Assets Less Current Liabilities		1,691,625	159,803	1,851,428
1.655,948	Net Assets		1,691,625	159,803	1,851,428
	Funds
1.655,948			1,691,625	159,803	1,851,428

Freehold Land	- is not depreciated
Freehold Buildings and Improvements to Freehold Buildings	- is not depreciated
Plant and Equipment	- 25% per annum on a reducing basis
Fixtures, Fittings and Equipment	- 25% per annum on a reducing basis
Motor Vehicles	- 25% per annum on a reducing basis

Fund Name	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 anddistributepurelyfinancial assistance for
		the poor Catholics ofRussia, particularly for those
		marriedcouples trying to refuse the sinful two-child
		family anti-life culture, of contraception and
		abortion.
Papa Stronsay Appeal	Restricted Income Fund	Appeal to assistin thepurchaseoftheIslandofPapa
		Stronsay

Movement of the Restricted Funds
		Papa
	Aid to Our	Stronsay
	Lady’s Russia	Appeal	Total
	£	£	£
Expenditure	-	-	-
Net Movement	-	-
Opening Balance	69,548	90,255	159,803
Closing Balance	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 2021	1,611,301	309,693	55,959	14,040	1,990,993
Additions	-	13,769	3,377	-	17,146
Disposals	(10,272)	(112,165)	(21,724)	(3,245)	(147,406)
Balance as at 31 December 2021	1,601,029	211,297	37,612	10,795	1,860,733
Depreciation
Balance as at 1 January 2021	-	280,310	55,765	11,982	348,057
Depreciation Eliminated	-	(100,432)	(21,683)	(2,628)	(124,743)
Charge forYear	-	7,855	882	360	9,097
Balance at 31 December 2021	-	280,310	55,765	11,982	348,057
NBV at 31 December 2021	1,601,029	23,565	2,646	1,081	1,628,321
NBV at 31 December 2020	1,611,301	29,383	194	2,058	1,642,936

Amou	nts Falling Due within One Y	ear	ear
		2021		2020
		Unrestricted	Restricted	Unrestricted	Restricted
		Fund	Fund	Fund	Fund
		£	£	£	£
Other	Debtors	2,705		2,928
VAT		3,437		16,563
		6,142	-	19,491

	2021	2021	2020	2020
	Unrestricted	Restricted	Unrestricted	Restricted
	Fund	Fund	Fund	Fund
	£	£	£	£
Trade Creditors	-	-	-
Other Creditors	25	-	26,105
Accruals	3,000		2,500
	3,025	-	28,605