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|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|
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||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|
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||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)|
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|||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)|
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||UnrestrictedUnrestricted
funds
funds|UnrestrictedUnrestricted
funds
funds|
|---|---|---|
||2022|2021|
||€|e|
|Donations and gifts|14,110|18,510|
|Legacies receivable||7,477|
||14,110|25,987|
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||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|
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|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|
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|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|
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||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|
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|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|
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|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|
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|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|
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|
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|
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|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|
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|||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)|||
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|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)|
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||Secondedstaff|income|
|---|---|---|
||2022|
202',1|
||€f||
|Entities with control,jointcontrol or significant influence over the company|57,844|50,102|
||57,U4|50,102|
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