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2022-12-31-accounts

CONTENTS
Page
Legal dt Administrative Details
Annual
Report		 2-9
Independent
Auditor's		 Report 10-12
Statement ofFinancial Activities 13-14
Balance Sheet
Cash Flow Statement 16
Notes to the Financial Statements 17-32

y
below gives an in		 dication ofthe financial
acti		 vities ofthe Diocese.
2022 2021
Parishes
Income 3,549,146 3,076,217
Deduct: Expenditure (3,078,314) (3,152,462)
Investment
Gains/(Losses)		 1166.757 39.642
Surplus/(Deficit)
before Parish Assessment		 1,635,589 (36,603)
Parish Assessment and other transfers ~563.362 {5563664
Increase/(Decrease) in reserves ~L600267
Curia
Parish Assessment and other transfers 563,362 563,664
Other income ~1325179 I299,360
Total income 1,888,541 1,863,024
Deduct: Expenditure
Investment
Gains/(Losses)		 (2,337,370)
~577516		 (2,008,696)
384717
(Decrease)/Increase in reserves ~2390 5

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2022 2021
Parishes Curia Total Parishes Curia Total
Note
FIXEDASSETS
Tangible Fixed Assets 12 16,810,232 3,891,413 20,701,645 17,337,686 3,958,013 21495,699
Investments 13 4,460,412 3,748,501 8,208,913 3,261,846 4488,409 7,550,255
21,270,644 7,639,914 28,910,558 20,599,532 8446,422 28,845,954
CURRENT ASSETS
Debtors 14 110,619 1,269,283 1,379,902 130,681 475,474 606,155
Cash at Bank It on Deposit 1,687,801 3,656,940 5,344,741 1,460,742 4,237,540 5,698,282
1,798,420 4,926,223 6,724,643 1,591,423 4,713,014 6,304,437
LIABILITIES:
Amounts
falling due		 within one year 15 (55,192) (1,096,559) (1,151,751) (147,586) (624,837) (772,423)
NET CURRENT ASSETS 1,743,228 3,829,664 5,572,892 1,443,837 4,088,177 5,532,014
PARISH LOAN ACCOUNTS
Loans to Parishes (2,616,069) 2,616,069 (2,689,439) 2,689,439
Parish Deposits 6,221,549 (6,221,549) 6,193,195 (6,193,195)
TOTAL NET ASSETS 26,619,352 7,864,098 34,483,450 25,547,125 8,830,843 34,377,968
REPRESENTED BYINCOME FUNDS:-
Restricted Funds 16 6,050,530 1,672,868 7,723,398 5,494,543 2,016,163 7,510,706
Unrestricted
Funds
Designated
Funds		 17 12,839,061 2,991,872 15,830,933 13,203,309 3,066,618 16,269,927
Other Unrestricted Funds 17 7,729,761 3,199,358 10,929,119 6,849,273 3,748,062 10,597,335
18 26,619,352 7,864,098 34,483,450 25,547,125 8,830,843 34,377,968

2022 2021f
Net Cash (outflow)/inflow
from operating		 activities (Note a) (219,033) (476,214)
Investing
activities
Dividends
and interest received		 91,968 86,976
Purchase oftangible fixed assets
Purchase ofinvestments		 (248,468)
(350,536)		 (174,161)
(224,275)
Proceeds from sale offixed assets 605,524
Proceeds &om sale ofinvestments 372,528 487,967
Net cash inflow (out ofthe) from investing activities (134,508) 782,031
(Decrease)/Increase
in cash		 (353,541) 305,817
ReconciTiation ofNet Cash flow to movements in net funds
Increase/(Decrease)
in cash in the period		 (353,541) 305,817
Cash Funds at I"January 2022 5,698,282 5,392,465
Cash Funds at31"December 2022 5,344,741 5,698,282

a) Reconciliation
of		 net(outgoing)/incoming net(outgoing)/incoming resources to net
cash inflow/(outflow)
from operating		 activities:- 2022 2021
Net incoming/
(outgoing)
resources		 105,482 (361,222)
Dividends &interest received (91,968) (86,959)
Depreciation 808,713 945,143
(hcrease)/Decrease in Debtors (773,747) (127,153)
Increase/(Decrease) in Creditors 379,328 (305,187)
Profit on disposal offixed assets (116,477)
Net (Gains)/Losses on Investments (646,841) (424,359)
(219,033) (476,214)
b) Changes in cash and cash equivalents
2022f 2021
f,		 Change in year
Cash at Bank and Short Term Deposits 5,344,741 5,698282 (353,541)

at rates calculated to write offthe cost, less the estimated
as follows:-		 residual value ofeach asset eve
Fixtures and Fittings 10years
Ofiice Equipment 5years
Computem 3years
General Equipment 5 years
Church Fixtures &Fittings 10to50years
Presbytery Fixtures &Fittings 5to 10years
Residential/Day
Centre Furniture &Equipment		 4 to 10years
Motor Vehicles 20%Reducing Balance

Year Ended 31stDec ember 2022
3. Grants Parishes Curia Total Total
2022 2022 202Zf 2021f
Government Grant: CJRS
[Exceptional item]		 72,621
Government Grant: National Lottery 45,000 45,000 45,000
Government Grant: GBSHome Office 3,141 3,141
Other Grants 26,653 126,796 153,449 152,784
26,653 174,937 201,590 270,405
4 Income from Charitable Activities Parishes Curia Total Total
2022 2022 2022 2021
Repositories, Bookstalls &Sale ofNewspapers 30,610 30,610 21,325
Chaplaincies 20,723 20,723 22,701
Other Parish charitable income 57,849 57,849 35,102
St.Wilffid's Centre 161,866 161,866 178,387
St.Wilffid's Place 75,657 75,657 81,047
Caritas Hallam 157,663 157,663 112,400
Schools' Department 236,273 236,273 212,199
Finance Departmeut 2,220 2,220
Formation &Mission 1,730 1,730 3,010
Pastoral Centre 4,969 4,969 1,236
Tribunal 1,350 1,350 900
Youth Ministry 2,758 2,758
St.Vincent's MissionHub 2,994 2,994 1,940
Lourdes Pilgrimage 183,742 183,742
Walsingham Pilgrimage 1,363 1,363
109,182 832,585 941,767 670747
5. Other Investment Income Parishes Curia Total Total
2022f 2022 2022 2021f
Interest on cash deposits 607 4,448 5,055 397
Listed Investment
income		 and other investment income 1,495 85,418 86,913 86,562
Member's
Award
-Catholic National		 Mutual Ltd 9,013
Member's
Award -		 Inter-Diocesan Fuel Management Ltd 4,000 4,000 51,960
2,102 93,866 95,968 147,932
6. Expenditure on Raising Funds
Parishes Curia Total Total
2022 2022f 2022 2021
Fund-raising costs 22,285 7,490 29,775 19,841
Bank Charges 30,671 1,644 32,315 22,197
Investment
Management		 Costs 28,432 28,432 31,262
Investment
Property		 Management & Expenses 110,163 110,163 34,011
163,1]9 37,566 200,685 107,311

7. Charitable
Activities		 7. Charitable
Activities
Direct Support Total Total
Parishes Costs Costs
K		 2022f 2021
Church Altar &Liturgy 108,719 108,719 68,567
Parish general running costs 813,776 813,776 752,325
Property repairs and maintenance 584,644 584,644 773,004
Clergy costs including travel expenses 387,218 387,218 347,957
StaffCosts 227,466 227,466 226,892
Depreciation 684,832 684,832 827,848
Repository, Bookstall &Newspaper expenses 26,424 26,424 21,823
Grants to Schools 2,000 2,000
Payments
to Religious		 Orders re Parish Sisters 17,106 17,106 14,768
Professional
fees		 3,960 3,960 8,880
Other Donations &Grants 59,050 59,050 46,943
2.911235 396 .9 5 195 3,089,007
Direct Support Total Total
Costs Costs 2022 2021
Curia
Bishop ofHall am's Offrce &Mensa 78,682 78,682 73,800
General Diocesan Expenditure 30,063 406 30,469 20,343
Camino Grant 4,715 4,715 39,000
Safeguarding 85,861 85,861 79392
MissionHub
&University		 Chaplaincies 59,801 59,801 54,627
Hallam Pastoral Centre 16,263 16463 14,371
Schools' Department 294,334 294,334 300,857
Formation &Mission 47,645 47,645 37,701
Property Department 60,526 60,526 48,327
Health &.Safety 15,236 15,236 ]5,078
Tribunal 38,564 38,564 44,176
Youth Ministry 51,573 51,573 4,014
Finance Department 90,513 90,513 82,629
Communication 12,344 12,344 1,291
Clergy Formation
&.Training		 78,312 78,312 64,046
Clergy Support 15,237 15,237 7,394
Sick&Retired Clergy 200,998 200,998 154,973
National
Levies		 56,300 56,300 48,538
Grants to Schools 12,717 12,717 35,751
Caritas Hallam 276,632 5,009 281,641 248,337
Padley Chapel 3,784 3,784 2,986
StWgfrid's
Centre		 416,883 11,376 428,259 447,321
StWilfrid's Place 62,269 474 62,743 58,029
Burghwallis
Hall (fermer St Anne'8 Rest Home)		 4,563 4,563 18,582
Pilgrimages 212,645 212,645 11,377
Professional
fees		 55,961 55,961 51,900
National
Schools' Singing		 Programme 118 118
2 136065 163739 2 299 804 96 840

8 Allocated Support Costs
Parishes Curia Total Total
2022 2022 2022 2021
g 0
Finance Department &Trustee meeting costs 90,919 90,919 82,912
Governance
-Legal		 &Other Professional Fees 3,960 3,420 7,380 8,880
Audit 15,072 15,072 13,956
Accountancy 54,328 54,328 47,847
3,960 163,739 167,699 153,595
Total Total
9 StaffCosts 2022 2021
Salaries 1,160,390 1,155,955
Social Security Costs 85,051 84,270
Pension Costs 62,791 62,992
1,308,232 1,303,217
Average number of employees:-
2022 2021
Direct Charitable activities
Parishes 54 54
Curia
Diocesan Departments &Agencies 20 17
Diocesan Organisations 29 29
103 100
The number ofemployees whose emoluments fell within the following band was:-
2022 2021
660,001 - 670,000 1
f70,001- 680,000 2 1

Fixed Asset Investments Fixed Asset Investments Fixed Asset Investments
2022 2021
(a) Listed Investments
Market Value 1stJanuary 2022 4,165,137 3,812,083
Acquisitions 231,178 156,662
Disposals at Opening Value (Note I) (424,192) (185,979)
Net unrealised investment
gains/(losses)		 (461,999) 382,371
Market Value at 31stDecember 2022 3,510,124 4,165,137
(b) Unlisted Investments
The Catholic National
Mutual Limited		 4,000 4,000
Inter-Diocesan Fuel Management Limited 4,000
8,000 4,000
(c) National Savings Deposits & Bonds
Market Value at 1stJanuary 2022 99,000 99,000
Market Value at 31stDecember 2022 99,000 99,000
(d) Cash deposits —pending
reinvestment
Stockbroker's deposit accounts 167,026 51,668
2022 2021
(e) Investment Properties
Market Value at 1stJanuary 2022 3,230,450 3,432,450
Additions 58,000
Transfer from Functional
Fixed Assets		 33,809
Disposals at Opening Value (Note II) (260,000)
Net gain/(loss) on revaluation 1,160,504
Market Value at 31stDecember 2022 4,424,763 3,230,450
TOTAL FIXEDASSETINVESTMENTS 8,208 t)13 7850,255

Debtors
2022 2021
Amounts fal)ing due within one year
Accrued Interest receivable 1,425 103
Gift Aid Tax recoverable 20,136 10,980
Other Debtors 1,232,406 501,150
Prepayments 108,421 78,573
Pastoral Loans 17,5]4 15,349
1,379,902 606,155

2022 2021
f
Sundry Creditors 155,885 298,887
DjELCVAP funding held for Diocesan Voluntary Aided Schools 881,715 361,703
PAYE Creditor 83 6,063
Third Party Collections 29,287 33,172
Accruals 84,781 72,598
1,151,751 772,423

Analysis ofNet Assets Between Funds Analysis ofNet Assets Between Funds
Unrestricted Restricted Total
Funds Funds Funds
2022 2022 2022
Fund Balances at 31stDecember 2022 26,760,052 7,723,398 34,483,450
Represented
by:-
Tangible Fixed Assets 15,253,372 5,448,273 20,701,645
Investments 5,750,887 2,458,026 8,208,913
Current Assets 6,571,066 153,577 6,724,643
Inter-fund
offset		 (514,175) 514,175
Liabilities:
Amounts		 falling due within one year (301,098) (850,653) (1,151,751)
Total Net Assets 26,760,052 7,723,398 34,483,450

Year Ended 31s tDecember 2022
19 Detailed Analysis ofNet Assets Between Funds
Tangible Net Inter-Fund
Fixed Assets Investments Assets Loans TOTAL
PARISHES f f
Restricted Funds
Parish Restricted Property Fund 3,971,171 1,480,000 5,451,171
J.J.Eyre Fund (StVincent' s) 13,427 17,083 30,510
J.J.Eyre Fund (St.Marie's) 22,222 26,020 48,242
Other Restricted Parish Funds 6,432 514,175 520,607
Unrestricted
Funds
D~tesi sated
Parishes Fund for Fixed Assets 12,839,061 12,839,061
Other Vnrestricted
Funds
General Reserves 2,944,763 1,693,693 3,091,305 7,729,761
16,810,232 4,460,412 1,743,228 3,605,480 26,619,352
Tangible Net Inter-Fund
Fixed Assets Investments Assets Loans TOTAL
CURIA f f f
Restricted Funds
—Sick &Retired Clergy Fund 65,586 651,223 (565,454) 151,355
Priests' Training
Fund		 282,154 (282,154)
Foundation
Masses Fund		 9,000 13,518 22,518
Diocesan Schools' Building Fund 58,834 58,834
The Gerard Postlethwaite
Camino Fund
National
Singing Programme		 Fund 24,882 24,882
St.Wil&id's Centre: Restricted Grants 8,797 2,263 11,060
St.Wil&id's Place Restricted 1,402,719 1,402,719
Lourdes Pilgrimage: SickChild Fund 1,500 1,500
1,477,102 942,377 (746,611) 1,672,868
Unrestricted
Funds
D~es~'
ated
Curial Fund for Fixed Assets 1,747,087 (50,016) 1,697,071
Needy Parishes Fund 27,085 27,085
Caritas Hallam Fund 220,256 39,001 259,257
St.Wil&id's Centre Funds 263,023 166,923 (38,572) 391,374
St.Wil&id's Place Fund 404,201 118302 38,572 560,975
Lourdes Pilgrimage
Fund		 49,995 2,436 52,431
Walsingham
Pilgrimage
Fund		 3,679 3,679
Other Unrestricted
Funds
General Reserves 2,585,868 4,171,390 (3,557,900) 3,199,358
3,891,413 3,748,501 3,829,664 (3,605,480) 7,864,098

2022
f,		 2021f
Financial assets at fair value through Statement of Financial Activities:
Fixed asset investments —Equity investments and deposits 3,784,150 4,319,805
Financial assets that are debt instruments measured at amortised cost:
Debtors 1,271,481 527,582
Financial liabilities measured at amortised cost:
Creditors 1,151,751 772,423
1,151,751 772,423
Commitments 2022 2021
Authorised:-
Parish Expenditure 296,645 68,826
Curial Expenditure
Grants to Schools 431
Included in amounts authorised arc net amounts contracted for: 278,645 16,826