| Trustees | Canon Philip Moor |
|---|---|
| Mrs C Lawrence | |
| RTRev M Davies | |
| Secretary | MrsCLawrence |
| Charity number | 509793 |
| Companynumber | 1400367 |
| Registeredoftice | St Josephs Presbytery |
| VvheatlandLane | |
| Vlfallasey | |
| England | |
| CH44 7ED | |
| Auditor | Lewis Evans Partnership LLP |
| TheOaks | |
| 3VillageRoad | |
| \/est Kirby | |
| VMrral | |
| CH48 3JN | |
| Bankers | TheRoyal Bank of Scotland |
| 1Oale Street | |
| Liverpool | |
| L2zPP |
| Page | |
|---|---|
| Trustees' report | l -J |
| Statement of trustees' responsibilities | 4 |
| lndependent auditor's report | |
| Statement of Ilnancial activities | I |
| Balance sheet | 10 |
| Notes to the financial statements | 11-23 |
| U n | restricted | Restricted | TotalUnrestricted | TotalUnrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Notes | 2022 C |
2022 e |
2022 €€ |
2021 | 2021 € |
202',1 € |
|
| lncomefrom: | |||||||
| Donations andlegacies3 Charitableactivities4 |
14,110 29,118 |
28,726 | 14,110 57,844 |
25,987 24,636 |
25,466 | 25,987 50,102 |
|
| Totalincome | 43,228 28,726 | 7',t,954 | 50,623 25,466 | 76,089 | |||
| Exoenditure on: | |||||||
| Charitable activities | 5 | 46,851 28,726 | 75,577 | 40,326 25,466 | 65,792 | ||
| Net interest cost | 9 | 7,000 | 7,000 | 7,000 | 7,000 | ||
| Totalexpenditure | 53,851 28,726 | 82,577 | 47,326 25,466 | 72,792 | |||
| Gross transfers | |||||||
| between funds | 425 | (425) | |||||
| Net(expenditure)/income | |||||||
| forthe year/ | |||||||
| Net(outgoing)/incoming resources |
(10,623) | (10,623) | 3,722 | (4251 | 3,297 | ||
| Otherrecognised gainsandlosses | |||||||
| Actuarial gain/(loss) on | |||||||
| defined benefit pension schemes |
127.O0O | 127,000 | (26,000) | (26,000) | |||
| Netmovementinfunds | 't16,377 | 116,377 | (22,278). | (425) | (22,7031 | ||
| Fund balances at 1Apnl2021 | (3,445) | (6,677) | (10,122) | 18,833 | (6,252) | 12,581 | |
| Fund balances at31March | |||||||
| 2022 | 112,932 | (6,677) | 106,255 | (3,445)(6,677) | (10,122) |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notss | e | c | € | f | |
| Fixedassots | |||||
| Tangible assets | 't0 | 302,278 | 310,667 | ||
| Curentassats | |||||
| Debtors | 11 | 37,655 | 9,951 | ||
| Cashatbank and in hand | 1,403 | 22,290 | |||
| 39,058 | 32,241 | ||||
| Cr€ditors: amountslallingduewithin | |||||
| oneyear | 12 | (5.081) | (6,030) | ||
| Netcurrenlassets | 33,977 | 26,21',1 | |||
| Totalasselslesscunent liabilities | 336,255 | 336,878 | |||
| Provisions forliabilities | (230,000) | (347,000) | |||
| NetassBts/(liabilities) | 106.255 | l't0.122| | |||
| lncomefunds | |||||
| Restricted funds | 15 | (6,677) | (6,677) | ||
| Unrestricted funds | 112,932 | (3,445) | |||
| 106,255 | (10,122) |
| UnrestrictedUnrestricted funds funds |
UnrestrictedUnrestricted funds funds |
|
|---|---|---|
| 2022 | 2021 | |
| € | e | |
| Donations and gifts | 14,110 | 18,510 |
| Legacies receivable | 7,477 | |
| 14,110 | 25,987 |
| 2022 | 2021 | |
|---|---|---|
| e | E | |
| Amountsreceived for staff under secondment | 57,844 | 50,102 |
| Analysisbyfund | ||
| Unrestricted funds | 29,11 8 | 24,636 |
| Restricted funds | 28,726 | 25,466 |
| 57,844 | 50,102 |
| Charitableactivities | ||
|---|---|---|
| 2022 | 2021 | |
| E | € | |
| Staff costs | 26,826 | 22,841 |
| Share of support costs(seenote6) | 44,821 | 39,310 |
| Share ofgovernancecosts(seenote6) | 3,930 | 3,641 |
| 75.577 | 65,792 | |
| Analysisbyfund | ||
| Unrestricted funds | 46,851 | 40,326 |
| Restrictedfunds | 28,726 | 25,466 |
| 75,577 | 65,792 |
| Suppo(costs | ||||||
|---|---|---|---|---|---|---|
| SupportGovernance costs costs ce |
2022 e |
SupportGovernance costs costs e€ |
2421 € |
|||
| Staffcosts | 36,397 | 36,397 | 30,795 | 30,795 | ||
| Depreciation | 8,389 | 8,389 | 8,388 | 8,388 | ||
| lnsurance costs | 92 | 92 | ||||
| Sundries | 35 | 35 | 35 | 35 | ||
| Auditfees | 3,600 | 3,600 | 3,000 | 3,000 | ||
| Legal and professional | 330 | 330 | 641 | u1 | ||
| *r" | 3,930 | 48,751 | 39,310 | 3,64'1 | 42,951 | |
| Analysedbetween Charitable activities |
44,821 | 3,930 | 48,751 | 39,310 | 3,641 | 42,951 |
| 2022 | 2021 | |
|---|---|---|
| Number | Number | |
| Charitable activities | 2 | 2 |
| Employmentcosts | 2022 € |
2021 f |
| Vlbges and salaries | 42,707 | 37,095 |
| Social security costs | 3,455 | 2,696 |
| Otherpensioncosts | 17,001 | 13,845 |
| o3,2ZJ | 53,636 |
| Netinterestcost | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| fundst | funds t |
|
| 2022 | 2021 | |
| Net interest on pension scheme balances | 7,000 | 7,000 |
| 7,000 | 7,000 |
| Tangiblefixed assets | |
|---|---|
| lmprovoments to property | |
| € | |
| Cost | |
| At1April2021 | 4',t9,426 |
| At 31lilarch2022 | 419326 |
| Depreciationandimpairment | |
| Al'lApril2021 | 108,759 |
| Depreciation chargedintheyear | 8,389 |
| Al31Merch2022 | 117,148 |
| Carrying amount | |
| At 31lilarch2022 | 302,278 |
| At 31 March2021 | 310,667 |
| Debto6 | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Amountsfallingduewithinoneyear: | E | E | |
| Other debtors | i1'" | o04t | |
| Creditons:amounts fallingduewithinoneyear | |||
| 2022 | 2021 | ||
| € | E | ||
| Other taxation and social security | 689 | M1 | |
| Other creditors | 1,121 | ||
| Accruals and deferred income | 4,392 | 4,268 | |
| 5,081 | 6,030 | ||
| Provisions forliabilities | Notes | 2022 E |
2021t |
| Retirement benefit obligations | 't4 | 230,000 | 347,000 |
| 230,000 | 347,000 |
| Retirementbenefitschemes | ||
|---|---|---|
| Defined benefitschemes | ||
| Keyassumptions | ||
| 2022 | 2021 | |
| "/" | ||
| Discount rate | 2.1-2.8 | 2.4-2.',1 |
| Expected rate of increase of pensionsinpayment | 2.8 -3.5 | 2.2 - 2.8 |
| Expected rate of salary increases | 4.2-4.9 | 3.6- 4.2 |
| CPI inflation / CARE benefits revaluation | 2.7 -3.4 | 2.1 - 2.7 |
| Monalityassumptions The assumed life expectations on retirement at age 65 are |
||
|---|---|---|
| 2022 | 202',1 | |
| Years | Years | |
| Retiring today | ||
| -Males | 20.9 | 21 |
| -Females | 24 | 24.1 |
| Retiringin20 years | ||
| - Males | 22.4 | |
| - Females | 25.9 | t6 |
| Amountsrecognisedintheprofit and loss account | ||
| 2022 | 2021 | |
| f | f | |
| Current service cost | 17,000 | 13,000 |
| Net interest on defined benefit liability/(asset) | 7,000 | 7,000 |
| Totalcosts | 24,000 | 20,000 |
| Amounts taken to other comprehensive income | ||
| 2022 | 2021 | |
| € | E | |
| Actualretumon schemeassels | (150,000) | (203,000) |
| Less: calculated interest element | 34,000 | 35,000 |
| Return on scheme assets excluding interest income | (116,000) | (168,000) |
| Actuarial changes related to obligations | (11,000) | 194,000 |
obligationsinrespect of defined benefit plans areasfollows: |
||
|---|---|---|
| 2022t | 2021 f |
|
| Present value of defined benetit obligations | 1,987,000 | 1,989,000 |
| Fair value ofplanassets | (1,757,000) | (1,642,000) |
| Oeficitinscheme | =yI | 347 000 |
| Movementsinthe present value ofdefnedbenefit obligations | ||
| 2022 | ||
| € | ||
| Liabilitiesat1Aptil2021 | 1,989,000 | |
| Current service cost | 17,000 | |
| Benefits/transferspaid | (52,000) | |
| Contributions from scheme members | 3,000 | |
| Actuarialgainsand losses | (11,000) | |
| lnterest cost | 41,000 | |
| At31 March 2022 | 1,987,000 |
| Movementsinthe fair value of plan assets: | |
|---|---|
| 2022t | |
| Fair value of assetsat1April2021 | 1,642,000 |
| lnterest income | 34,000 |
| Retum on plan assets (excluding amounts included in net interest) | 116,000 |
| Benefitvtransferspaid | (52,000) |
| Contributionsbytheemployer | 14,000 |
| Contributions by scheme members | 3,000 |
| At 31 March 2022 | 1,757,000 |
| Retirement benefitschemes | (Continued) | |
|---|---|---|
| The fair value of plan assetsatthe reporting period end wasasfollows: | ||
| 2022 | 2021 | |
| E | € | |
| Equity instruments | 667,000 | 656,000 |
| Debt instruments | 528,000 | 484,000 |
| Property | 128,000 | 112,000 |
| Cashiliquidity | 88,000 | 90,000 |
| Other | 346,000 | 300,000 |
| 1,757,000 | 1,642,000 |
| Movement infunds | Movement infunds | ||||
|---|---|---|---|---|---|
| BalancEat 1Aptil2020 f |
lncomingRosources reSourcesexp€ndod €8 Transfers E |
Balanceat 1Aptil2021 € |
lncomingResourcesBalance at resourcesoxpgnded31March2022 €tE |
||
| Family Support Services | 4?5 | 25,466 (25,466) | (425) | 29,726(28,726) | |
| Adoption | (6,677), | (6,677) | (6,677) | ||
| (6,252) 2s,466 (25,466) | (6,677) (425) (6,677) 28,726(28,726) |
| 16 | Analysis ofnetassets | betweenfunds | |||||
|---|---|---|---|---|---|---|---|
| UnrestrictedRestricted 2022 2022 fE |
TotalUnrestricted 2022 2021 fE |
Restricted 2021t |
Total 2021t |
||||
| Fund balances at31 | |||||||
| Match 2022arc | |||||||
| representedby: Tangibleassets |
302,278 | 302,278 | 310,667 | 310,667 | |||
| Cunentassets/ (liabilities) |
40,654 | (6,677) | 33,977 | 32,888 | (6,677) | 26,211 | |
| Provisionsand pensions |
(230,000) | (230,000) | (347,000) | (347,000) | |||
| '112,932 | tusrl | 106,255 (3,445)(0,677) | (10,122) |
| Secondedstaff | income | |
|---|---|---|
| 2022 | 202',1 |
|
| €f | ||
| Entities with control,jointcontrol or significant influence over the company | 57,844 | 50,102 |
| 57,U4 | 50,102 |