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|Trustees|||Mrs A McMullan||
|---|---|---|---|---|
||||Mr M Redfearn||
||||Canon Phikp Moor||
||||Mrs C Smith||
||||Mrs C Lawrence||
||||RT Rev M Dawes||
|Secretary|||Mrs C Lawrence||
|Charity|number||509793||
|Company||number|1400367||
|Registered||office|St Josephs Presbytery||
||||Wheatland
Lane||
||||Wallasey||
||||England||
||||CH44 7ED||
|Auditor|||Lewis Evans Partnership|LLP|
||||The Oaks||
||||3 Village Road||
||||West Ibrby||
||||Wirra
1||
||||CH48 3JN||
|Bankers|||The Royal Bank of Scotland||
||||1 Dale Street||
||||Liverpool||
||||L2 2PP||
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||||Page|
|---|---|---|---|
|Trustees'|report||1i 3|
|Statement|of trustees'|responsibilities||
|Independent
auditor's||report|5-8|
|Statement|of financial|actiwties|9-10|
|Balance sheet||||
|Notes to|the financial|statements|12-24|
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||||Unrestricted|Restricted|Total|Unrestricted|Restncted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes|6|f|6|5|6|6|
|Income from:|||||||||
|Donations|and legames||25.987||25,987|18,945||18945|
|Chantable|activities||24,636|25,466|50,102|78,879|24,871|103.750|
|Total income|||50.623|25,466|76,089|97,824|24.871|122,695|
|~E*
d it|||||||||
|Chantable|activities||40,326|25,466|65,792|111,310|24,446|135,756|
|Net interest|cost||7,000||7,000|9,000||9,000|
|Total resources|||||||||
|expended|||47,326|25,466|72,792|120,310|24,446|144,756|
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|Net incoming/|||||||||
|---|---|---|---|---|---|---|---|---|
|(outgoing) resources|||||||||
|before transfers|||3,297||3,297|(22,486)|425|(22,061)|
|Gross transfers|||||||||
|between
funds|||425|(425)|||||
|Net income/(expenditure)|||||||||
|for the year/|||||||||
|Net incoming/(outgoing)|||||||||
|resources|||3,722|(425)|3,297|(22.486)|425|(22,061)|
|Other recognised||gains and losses|||||||
|Actuanal
(loss)/gain||on|||||||
|defined
benefit pension|||||||||
|schemes|||(26,000)||(26,000)|133,000||133.000|
|Net movement
in|funds||(22,278)|(425)|(22,703)|110,514|425|110,939|
|Fund balances at|1||||||||
|April 2020|||18,833|(6,252)|12,581|(91,683)|(6.677)|(98.360)|
|Fund balances at||31|||||||
|March 2021|||(3,445)|(6,677)|(10,122)|18,831|(6,252)|12,579|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||8||
|Fixed assets|||||||||
|Tangible assets||||10||310,667||319,053|
|Current assets|||||||||
|Debtors|||||9,951||2,977||
|Cash at bank and in|hand||||22,290||16,313||
||||||32,241||19,290||
|Creditors: amounts|falling due within||||||||
|one year||||12|(6,030)||(13,764)||
|Net current assets||||||26,211||5,526|
|Total assets less current|||liabilities|||336,878||324,579|
|Provisions
for liabilities||||||(347,000)||(312,000)|
|Net (liabilities)/assets||||||(10,122)||12,579|
|Income funds|||||||||
|Restncted
funds||||15||(6,677)||(6,252)|
|L)nrestncted
funds||||||(3,445)||18,831|
|||||||(10,122)||12,579|
|T
financial
statements||were approved||by the Trustees|on. ...E~.. . ....'Lc ..
Or'(In.~;-||||
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|||||Unrestricted|Unrestncted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2020|
|||||6|6|
|Donations|and gifts|||18,510|18,864|
|Legacies|receivable|||7.477|81|
|||||25.987|18,045|
|Charitable||activities||||
|||||2021|2020|
|||||f|8|
|Amounts|received||for staff under secondment|50,102|103,750|
|Analysis|by|fund||||
|Unrestricted||funds||24,636|78,879|
|Restricted|funds|||25,466|24,871|
|||||50,102|103,750|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||f|
|Staff costs||||||22,841|25,439|
|Share of support costs (see note 6)||||||39,310|104.947|
|Share ofgovernance||costs (see note 6)||||3,641|5,370|
|||||||65,792|135,756|
|Analysis|by fund|||||||
|Unrestricted
funds||||||40,326|111.310|
|Restricted|funds|||||25.466|24 446|
|||||||65,792|135.756|
|Support costs||||||||
|||Support Governance||2021|Support|Governance|2020|
|||costs|costs||costs|costs||
|||8|f||6|f||
|Staff costs||30,795||30,795|96.025||96,025|
|Depreciation||8,388||8,388|8,388||8,388|
|Motor and|travel||||332||332|
|Insurance|costs|92||92|167||167|
|Sundries||35||35|35||35|
|Audit fees|||3,000|3,000||3,000|3,000|
|Legal and|professional||641|641||2,370|2,370|
|||39,310|3,641|42.951|104,947|5,370|110,317|
|Analysed|between|||||||
|Charitable|activities|39,310|3,641|42,951|104.947|5,370|110,317|
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||||2021|2020|
|---|---|---|---|---|
||||Number|Number|
|Chantable|actiwties||||
|Employment||costs|2021|2020|
|||||6|
|Wages and|salanes||37,095|80,656|
|Social secunty||costs|2.696|4.559|
|Other pension||costs|13,845|36.249|
||||53 636|121464|
|Net|interest|c|ost|||||
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Unrestncted|
|||||||funds|funds|
|||||||F|f|
|||||||2021|2020|
|Net|interest|on|pension|scheme|balances|7,000|9,000|
|||||||7.000|9,000|
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|10|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
|||||Improvements|to propertyf|
||Cost|||||
||At 1 April 2020||||419,426|
||At 31 March|2021|||419,426|
||Depreciation|and impairment||||
||At 1 April 2020||||100.373|
||Depreciation|charged|in the year||8.386|
||At 31 March|2021|||108,759|
||Carrying
amount|||||
||At 31 March|2021|||310.667|
||At 31 March|2020|||319,053|
|11|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Amounts|falling due||within|one year:||f|6|
||Other debtors||||||9,951|2.977|
|12|Creditors:|amounts||falling due within one year|||||
||||||||2021|2020|
||||||||f|6|
||Other taxation||and social secunty||||641|1,808|
||Other creditors||||||1,121|3,497|
||Accruals and deferred|||income|||4,268|8,459|
||||||||6,030|13.764|
||Provisions|for|liabilities||||2021|2020|
|||||||Notes|6|f|
||Retirement|benefit obligations||||14|347.000|312,000|
||||||||347 000|312.000|
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|14|Retirement
benefit|schemes|schemes|schemes||||||
|---|---|---|---|---|---|---|---|---|---|
||Defined benefit schemes|||||||||
||Key assumptions|||||||||
|||||||||2021|2020|
|||||||||0/|0/|
||Discount rate|||||||24- 2.1|2.4 —2.4|
||Expected rate of increase|||of pensions||in payment||2 2- 2.8|2.2 - 2.3|
||Expected rate of salary||increases|||||3.6-4 2|3 6 - 3 7|
||CPI inflation
/ CARE|benefits|||revaluation|||2.1-27|21-22|
||Morta/try
assumpiions|||||||||
||The assumed
kfe expectations||||on retirement||at age 65 are.|||
|||||||||2021|2020|
|||||||||Years|Years|
||Retinng
today|||||||||
||- Males|||||||21|20.9|
||—Females|||||||24.1|24|
||Retinng
in 20 years|||||||||
||- Males|||||||22.6|22 5|
||—Females|||||||26|25.9|
||Amounts
recognised|in|the profit and loss account|||||||
|||||||||2021|2020|
|||||||||5|5|
||Current
service cost|||||||13,000|31.000|
||Net interest
on defined||benefit||liability/(asset)|||7,000|9,000|
||Other costs and income||||||||5,000|
||Total costs|||||||20,000|45.000|
||Amounts
taken to other||comprehensive|||income.||||
|||||||||2021|2020|
|||||||||6|f|
||Actual
return
on scheme assets|||||||(203,000)|32,000|
||Less calculated
interest||element|||||35.000|37,000|
||Return
on scheme assets|||excluding
interest|||income|(168.000)|69.000|
||Actuanal
changes
related|||to obligations||||194000|(202,000)|
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|The
amounts
included|The
amounts
included|in|the|balance|sheet|ansing|from|the|Chanty's|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|obligations
in respect of defined||||benefit plans are||as follows||||||
|||||||||||2021|2020|
|||||||||||5|6|
|Present value ofdefined||benefit||obligations||||||1,989000|1.820.000|
|Fair value of plan|assets|||||||||(1,642,000)|(1,508,000)|
|Defidt
in scheme||||||||||347,000|312,000|
|Movements
in the|present|value||of defined|benefit|obhgations||||||
||||||||||||2021|
||||||||||||6|
|Liabilities at 1 Apnl|2020||||||||||1,820.000|
|Current
service cost|||||||||||13,000|
|Benefits/transfers|paid||||||||||(82,000)|
|Contributions
from|scheme||members||||||||2,000|
|Actuarial
gains and losses|||||||||||194,000|
|interest cost|||||||||||42,000|
|At 31 March 2021|||||||||||1,989,000|
|||||||2021|
|---|---|---|---|---|---|---|
|||||||F|
|Fair value of|assets at|1 Apnl 2020||||1,508,000|
|Interest
income||||||35,000|
|Return
on plan assets||(excluding|amounts|included|in net interest)|168,000|
|Benefits/transfers
paid||||||(82,000)|
|Contributions|by the employer|||||11,000|
|Contributions|by scheme members|||||2,000|
|At 31 March|2021|||||1,642,000|
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||||||
|---|---|---|---|---|
|Retirement|benefit schemes|||(Continued)|
|The fair value of plan assets at the reporting||penod end was as follows|||
||||2021|2020|
||||F|F|
|Equity instruments|||656.000|579,000|
|Debt instruments|||484.000|447.000|
|Property|||112.000|127.000|
|Cash/liquidity|||90,000|50,000|
|Other|||300,000|305,000|
||||1.642,000|1,508,000|
##
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|16|Analysis of|net assets|net assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Unrestncted|Restricted|Total|
||||||2021|2021|2021|2020|2020|2020|
||||||E|E|E||E|E|
||Fund balances||at 31||||||||
||March 2021|are|||||||||
||represented|by.|||||||||
||Tangible assets|||310,667|||310,667|319,053||319,053|
||Current assets/||||||||||
||(habihties)|||32 888||(6,677)|26,211|11778|(6,252)|5,526|
||Provisionsand||||||||||
||pensions|||(347,000)|||(347,000)|(312,000)||(312,000)|
||||||(3.445)|(6677)|(10,122)|18,831|(6,252)|12,579|
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|2021|2020|
|---|---|
|E|E|
||44,765|
||||||||||||Seconded staff|income|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2021|2020|
||||||||||||E|E|
|Entities|with|control,|joint|control|or|significant|influence|over|the|company|50,102|103,751|
||||||||||||50,102|103,751|
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