||Page|
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|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|
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|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|
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|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||
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|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|
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|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|
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|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|
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|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|
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|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|
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|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||
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||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||
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