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2021-03-31-accounts

CATHOLIC CARE (DIOCESE OF LEEDS)

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2021

Charity Number: 513063 Company Number: 01633737

Catholic Care (Diocese of Leeds) Trustees' Report and Financial Statements For the year ended 31 March 2021

Contents
Page
Trustees and Advisers 1
Report of the Trustees (incorporating the strategic report) 2 - 9
Independent Auditor's Report 10 - 12
Statement of Financial Activities (including income and expenditure account) 13
Balance Sheet 14
Statement of Cash Flows 15
Notes to the Financial Statements 16 - 25

Catholic Care (Diocese of Leeds) Trustees and Advisors

For the year ended 31 March 2021

Name of Company: Catholic Care (Diocese of Leeds) Registered Address: 11 North Grange Road Headingley Leeds LS6 2BR Telephone No: 0113 3885400 Status: Company Limited by Guarantee and a Registered Charity Company Registration No: 01633737 Charity Registration No: 513063

The Trustees constitute Directors of the Charity for the purpose of the Companies Act 2006 and the Trustees are the officials of the Charity for the purpose of the Charities Act 1993. The following members were in office during the year ended 31 March 2021:

Right Reverend Marcus Stock, Bishop of Leeds (Chair) Mr Timothy Parr (Vice Chair) Rev Monsignor Peter Rosser Rev Monsignor Donal Lucey Mrs Sue Rix Rev Dr Joseph Cortis Mrs Maureen Fletcher Mrs Vivienne Birch Mr Mark Davison (resigned 10 June 2021)

Company Secretary: Mrs Carol Hill

Senior Executives: Mrs Carol Hill (Director) Mr Craig Beedle (Head of Finance) Ms Annette Clark (Head of Adult Care) (appointed 3 July 2020) Ms Rachel Wilkinson (Head of Children & Family Care) (appointed 3 August 2020) Ms Mary Simmons (Service Manager, Children & Young People) (resigned 31 December 2020) Ms Sharon Costello (Service Manager, Adult Learning Disabilities) (resigned 4 September 2020) Ms Janet Kent (Service Manager, Schools, Children & Family Wellbeing) (resigned 31 Aug 2020)

Auditors: BHP LLP, Statutory Auditors 1[st] Floor Mayesbrook House Leeds LS16 6QY Solicitors: Grays Wrigleys Duncombe Place 19 Cookridge Street York YO1 7DY Leeds LS2 3AG Bankers: Yorkshire Bank 94-96 Briggate Leeds LS1 6NP Investment Managers: Aberdeen Standard Capital Minerva House 29 East Parade Leeds LS1 5PS

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021

The Trustees present their annual report together with the audited financial statements of Catholic Care (Diocese of Leeds) for the year ended 31 March 2021.

Objectives and Activities

The objects of the Charity are to promote, in the Roman Catholic Diocese of Leeds, the relief of those in need who are disadvantaged, vulnerable or marginalised. In order to achieve these objectives, the Charity provides following services:

Public benefit

The Trustees confirm they have complied with the requirement in Section 17 of the Charities Act 2011, to have due regard to public benefit in determining the activities undertaken by the Charity. The Trustees can also confirm that they have given due regard to the Charity Commission’s guidance on public benefit. As a charity, we are keen to emphasis the public benefit that we believe our work provides. Our services are available to people of all faiths and none living within the geographical area which coincides with the Roman Catholic Diocese of Leeds who are disadvantaged, vulnerable and marginalised.

Volunteers and supporters

We value the contribution of our volunteers who give freely of their time and skills. They are integral to our work and make such a positive difference to the sustainability of our community services. Volunteers enable us to offer a caring service in our community projects in keeping with our values. Despite the challenges of the Covid pandemic our volunteers have continued to make a difference particularly in the Covid Response Project and Community Sponsorship programme for refugees. We want every one of our volunteers to feel inspired, capable and empowered to make a positive difference to people’s lives.

Fundraising

The Charity traditionally has two main annual fundraising events: the Annual Appeal which usually takes place in parishes across the Diocese on the fourth Sunday of Lent and the Good Shepherd Appeal which takes place in the Catholic Schools across the Diocese during the period of Lent. This year, due to the outbreak of Covid-19 neither event took place during the year, resulting in a significantly lower amount being raised. An amount of £9,843 was raised during the year by those parishes who were still able to contribute to the appeal (2020: £27,601) and an amount of £7,992 was raised by some of the schools before the outbreak of the pandemic (2020: £51,930. The Charity does not engage in raising funds directly from the general public and does not use a professional fund-raiser or consider fundraising activities to be significant. The Charity will continue to monitor its sources of income and should it start to generate significant funds from fundraising activities will inform the fundraising regulator and take all necessary measures to ensure it complies with the guidance issued.

Policies

During the year we have reviewed all our policies, including our safeguarding policy, to ensure that our working practices are up to date for the benefit of our staff, volunteers and the people we provide services to.

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Achievements and Performance and the Impact of Covid-19

During the year ended 31 March 2021 there was strong progress towards our Strategic Plan and some remarkable highlights and achievements, despite and in response to the Covid pandemic, which affected the entire year.

The pandemic did not impact on our core activity income or expenditure in that our funding income was not reduced and all our members of staff, with the exception of a small number from the Head Office function and those staff who were shielded, continued without any need for furlough, but it did massively impact on our activity and completely changed the focus of our work as described above.

This unique year has been extremely challenging for all staff, volunteers and the people we provide a service to as a result of the pandemic. Anxiety among staff was at an all time high at the start of the year as they dealt with both the fear of this unknown virus and the responsibility they felt to maintaining the health and safety of the vulnerable people they provided a service to. Overnight our world changed, however our dedicated staff rose to the challenge and provided a high quality service throughout the year.

During the pandemic the Charity redoubled its efforts to ensure some of the most marginalised people and communities continue to receive essential support and provision.

The Charity was able to maintain the running of all its services, even those in the community, all be it in a different way and continued to support all those who it provides a service to.

The restrictive measures brought into effect in March 2020 in response to the Covid-10 pandemic significantly impacted on the work of the Charity.

The people living in our homes for adults with a learning disability, so used to playing an active role in the community, were confined to their homes. Likewise staff, who work so hard supporting this active lifestyle, were also spending all their time in the home. Schools closed yet the work of the Schools, Children & Family Wellbeing Service was required to respond to increased demand and developed new ways of communication through social media. The Charity’s Gianna Project which supports mothers in difficult circumstances, saw its baby bank as the only one in the area to remain open and proved a much needed resource. However, perhaps it was the Charity’s Community Services which were affected the most. All had to close in the form they were in and with thought and imagination quickly re-invented themselves with befriending, digital meet up and delivery of hot meals to older people in their own homes. The achievements of all the staff were truly amazing.

In March 2020, as the pandemic struck and the country went into Lockdown, the Charity responded with a Community Response Service which addressed the immediate needs, particularly of children and families who found their income significantly reduced and were plunged into food poverty. The Charity responded with food hampers, supermarket vouchers and a fresh fruit campaign. Crisis funding was also used to support families with white goods, heating and clothes.

The Covid pandemic continues to have an impact on our work as it impacts the economical and socially challenged communities, where many of the health outcomes were among the poorest even pre-covid. Here our work is needed more than ever.

We anticipate that Covid will continue to affect our future delivery of services.

As our Head Office staff make a safe return to the office, we will need to maximise digital and web-based communication.

As a Board of Trustees, we are proud to sign off on our significant achievements for this year and look forward to 2021/22 and beyond, with a high level of confidence that we have an excellent platform from which to deliver a great many more successes.

Management Restructure

During the year the Charity continued its management restructure process with the appointment of two strategic leaders in the position of Head of Adult Care and Head of Children and Family Care. The Trustees are confident that they are well on the way to achieving the aims of the management restructure of realigning existing responsibilities to reflect the direction of travel of the Charity’s services, introducing additional leadership resource and introducing additional capacity which will enable the Charity to achieve its strategic goals.

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Financial Review

During the year ended 31 March 2021 Catholic Care’s income decreased by £199,452 (4.8%) to £3,952,360. This was due largely to a decrease of residents in the Children & Young People’s Service. Our total expenditure in delivering our services for the year increased by £184,288 (4.5%) to £4,244,024, largely due to the NJC pay increases and increased expenditure on Community Support Services.

Charitable activities

Adult Care Services Year Ended 31.3.21 Year Ended 31.3.20
Adult Learning Disability Service
People receiving care & support 51 52
Number of homes 11 11
Residential & supported places 51 54
Referrals to the service 1 3
Income £2,418,233 £2,360,392
% of total income 61% 57%
Expenditure £2,198,703 £2,082,358
Mental Health Accommodation Service
People receiving care & support 9 10
Number of homes 1 1
Supported flats 10 10
Referrals to the service 7 8
Income £116,931 £124,824
% of total income 3% 3%
Expenditure £148,168 £131,582
Adult Outreach Service
People receiving outreach support 18 66
Income £78,039 £72,624
% of total income 2% 2%
Expenditure £98,899 £75,970
Children & Family Care Services Year Ended 31.3.21 Year Ended 31.3.20
Children & Young People’s Service
People receiving care & support 4 7
Number of homes 1 1
Residential places 7 7
Children supported with a learning disability
through outreach		 - 2
Income £542,997 £729,750
% of total income 14% 18%
Expenditure £588,528 £639,314
Schools, Children & Family Wellbeing Service
People receiving care & support* 2,066 2,652
Number of schools served 55 55
Income £473,960 £487,205
% of total income 12% 12%
Expenditure £617,410 £598,955
Children receiving Safer Together Programme - 3,832
Children receiving Mindfulness Sessions 40 30
* includes children, parents and school staff

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Community Support Services Year Ended 31.3.21 Year Ended 31.3.20
Number of Older People’s Groups / Outside
Gatherings		 4 13
Hot meals delivered 2,080 -
Afternoon teas delivered 340 -
Christmas hampers and gifts 292 -
Beneficiaries / People attending community groups 344 296
People receiving care & support:
Gianna Project 203 252
Stay and Play Groups 30 201
Young Carers 52 71
Community Counselling 46 50
Holiday Hunger project - 350
Community Response Service to Covid:
Pharmacy collections 34 -
Families supported with crisis funding 45 -
Shopping for those isolating 616 -
Families supported with food hampers 836 -
Families supported with supermarket vouchers 922 -
Families supported with fruit hampers 1,585 -
Pieces of fruit for children in schools 12,926 -
Volunteers delivering services 38 32
Income £84,203 £75,354
% of total income 2% 2%
Expenditure £318,071 £262,177

Reserves policy

The Trustees reviewed the reserves policy during the year to ensure it both represents the Charity’s requirements and meets with the Charity Commission’s recommendations.

At the balance sheet date there were £6,377,424 of unrestricted reserves and £5,630 of restricted reserves for use in the provision of services to asylum seekers and refugees, community services, and amenity funds for the Learning Disability Residential Homes.

During the year the Trustees looked in detail at their five year strategic plan with particular reference to:

As a result of this analysis, the Trustees have decided to continue to allocate over £300,000 of reserves to be spent on community projects during the year and also for the year ending 31 March 2022 where insufficient third-party funding is available.

The Trustees also looked at the level of reserves the charity should maintain considering, using the best evidence available, the likelihood of a shortfall arising which means that reserves would be necessary and the strategy for an orderly closure in the event of an unplanned shutdown.

The Trustees have used this exercise to agree on a free reserves level of £1.3m (currently £2,219,619), which is approximately 3-4 months’ worth of expenditure, to be maintained over the forthcoming five years. The level of reserves and the progress towards the achievement of the strategic plan are reviewed on a regular basis as part of the management information presented at Trustees’ meetings.

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Restricted funds
Amenity funds
Diocesan Refugee Support Project
Refugee Community Sponsorship Groups
Unrestricted funds
Designated Property funds
General funds
Fixed assets funds
Free reserves
Total unrestricted funds
Total funds		 Year Ended 31.3.21
Year Ended 31.3.20
£
£
948
993
3,787
10,940
895
4,670
5,630
16,603
4,135,679
3,729,810
22,126
22,003
2,219,619
2,364,931
2,241,745
2,386,934
6,377,424
6,116,744
6,383,054
6,133,347

The general reserves are required by the Charity to meet its objectives of relieving those in need who are disadvantaged, vulnerable or marginalised; to provide working capital to support completion of its long-term development objectives; to deliver its current activities and, to allow the Trustees to meet their responsibilities and ensure the Charity continues as a going concern.

Going concern

The Trustees regularly review the needs, risks, challenges and prospects faced by the Charity and how these impact on the Charity’s future performance. The Trustees have considered the impact of COVID-19 on the Charity’s activities, beneficiaries, workforce and supply chain, as well as the wider economy. Whilst it is not considered practical to accurately assess the duration and extent of the disruption, the Trustees note the additional income being received by way of Government financial support to local authorities and the continued provision of free PPE for adult regulated services and are confident that they have in place plans to deal with any financial losses that may arise. The Trustees do not have any doubts that the Charity will continue as a going concern for the foreseeable future.

Catholic Care predominately receives its income from the public sector, through local authorities and national benefit funding streams. It also receives funding through fundraising activities, donations, grants, commissioned services and the service users themselves.

The Trustees recognise the importance of diverse funding streams to protect against potentially harmful damage arising from the loss of one income steam and to achieve continued future stability of income.

Principal risks

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A risk register is maintained and formally reviewed by Trustees annually and more frequently on an informal basis by the Senior Management Team.

The Trustees consider the principal risks to be:

We are looking at ways to address the above risks by:

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Structure, Governance and Management

Constitution

The Charity is registered as a charitable company limited by guarantee and is governed by its memorandum and articles as amended by special resolution, registered at Companies House on 5 February 2015, registered charity number 513063.

Method of appointment or election of trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. The persons notified to the Registrar of Companies as the first directors of the Charity were the Trustees of the Charity. Subsequent and future Trustees are appointed to the Charity by a simple majority of all the Trustees entitled to attend and vote at any meeting of the Trustees, following a formal recruitment process against criteria agreed by Trustees to ensure appropriate skills, abilities and diversity of the Trustee Board.

Policies adopted for the induction and training of trustees

The Charity has established a wide programme of support and training for Trustees and particularly new Trustee appointments including an induction process consisting of discussions with the Trustees, Director, and senior management team, guidance on the role and responsibilities of a Trustee and induction into the vision, mission and values of the Charity through the attendance of the Charity’s induction day held for all staff. The Trustees are invited to attend an annual Charity Update Conference which is hosted by Wrigley’s solicitors, they also undergo regular safeguarding training and regular visits to the Charities homes and projects.

Organisational structure and decision making

The Charity has its headquarters based in Headingley, Leeds with a distributed network of staff throughout the Diocese of Leeds. The high-level organisation is illustrated below:

Trustees Director and Strategic Leadership Team Charitable services Finance / admin / HR / IT / H&S

The Board of Trustees are the ultimate decision makers for the Charity with day-to-day management delegated to the Director. The Finance and Property Committee (a formal subcommittee of the Trustee Board) has delegated authority for the financial control of the Charity. The Health and Safety Committee (a formal subcommittee of the Trustee Board) has delegated authority for the health and safety of the Charity. The Personnel Committee (a formal subcommittee of the Trustee Board) has delegated authority for the staff and volunteers of the Charity.

The Board of Trustees meets on a quarterly basis. All meetings are minuted. In addition, the subcommittee meetings are also held quarterly, prior to each of the main Board meetings.

The Trustees are covered by a third party Charitable Trustee Indemnity insurance, which forms part of the Charity's combined liability insurances.

Remuneration policy

Pay and benefits, including key management personnel remuneration, are set to recognise the value of the role and the level of responsibility. Pay and benefits are compared to benchmarks for similar roles in the charity sector and the level set based on the experience and skills required for the roles. The Charity also links its pay to the National Joint Council (NJC) for local government services scale points and implements annual pay increases as recommended by the NJC. The award was 2.75% at 1[st] April 2020 (2019: 2%).

Catholic Care (Diocese of Leeds) Report of the Trustees (incorporating the strategic report) For the year ended 31 March 2021 (continued)

Investment policy and performance

The Trustees adopt an ethical investment policy which is committed to working towards justice and the fair treatment of all people. They are committed to investing the Charity’s resources in organisations and businesses that promote just employment, respect finite resources of our environment and the dignity of people. The Trustees, in adopting an ethical investment policy, appreciate the underlying principle that their power of investment has to be used to further the purposes of the Charity and that those purposes will normally be best served by seeking the maximum return consistent with commercial prudence. The Trustees believe that their ethical policy can be consistent with this principle of seeking the best returns.

A significant amount of reserves are invested in two portfolios managed by Aberdeen Standard Capital. The Charity’s headline objective of the first portfolio is for growth and the investment managers look to achieve this via a portfolio structure that aims for both income generation and long term capital growth. The second portfolio is held for the purpose of funding future capital developments and is held in a portfolio structure that aims to maximise medium term growth. The overall performance of the investments during the year showed increases of 24.56% and 15.78% in the two portfolios during the year (2020: falls of 2.43% and 2.18%), which reflects the general market conditions.

Future developments

The Trustees view the Charity as being comprised of both its regulated and community services. The Trustees are committed to maintaining the current regulated services and recognise the investment required to achieve this to enable these services to evolve to meet current need, best practice and delivery of high quality care and support. The Trustees aspire to achieve the following strategic goals:

In addition, the Trustees are committed to developing services in the community to enhance the Charity’s mission of reaching out to those who are disadvantaged, vulnerable and marginalised. The Trustees aspire to achieve this strategic direction of travel through:

Catholic Care (Diocese of Leeds) Report of the Trustees {incorporating the strategic report) For the year ended 31 March 2021 Icontinuedl Trustogs, r8sponslblllty statèmont Tha Trustoas (Ntho ara also dlrectors of Cathollc Care (Dlixose of Laedsl for the purposas ol company lawl aTa rasponslbla for preparing the Trustees, Annual Report and the financial statements in accordance wryth applicable law and Unf(ed Kingdorn AccounlirrfJ Standards Iunited Kingdom Generalty Accepted Accounting Praclicel. Company law requires the trustees to prepare finanoal statement5 for each financial year, which gwe a true and fair viéw of the state of affairs of the charf(able company and of the incoming resources and application of resources. induding the income and expendthre. of the charitable company for that period. In preparing these financial statements. the trustees are required to.. sèlact sultabl& accountlng pdlclas and thèn apply thom cOn￿st&ntIy- observe the method5 and prinaple5 in the Charities SORP 2019 IFRS 1021., make judgements and accounting e51imale5 that are rea%)nable and prudent.. slate vthelher applicable UK Accounting Standards have been followed. subject to any material departures disclos￿1 and explained in the financial statements.. and prapare the financial statamonts on tha gI￿n9 concarn basis unlass r( Is inappropriate to presumo that the charitabl8 company VAII confjnuè In 0￿ratIOn. The Trustees are responsible for keeping adequate accounting records that disclose ￿￿th reasonable accuracy al any time the flnanclal posilon of the charftable company and anable tham to onsura thatth& flnanclal statements comply with the Companios Act 2006. They are also responsible for safeguarding the asse15 of the charrtable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trusteès are rèsponsfiblè for thè malnténancè and Intsgrty of eorporate and ffinancial Infomation Indudèd on thè charitable company's website. Legislation in the United Kingdom govemiro the preparation and dissemination of financKg1 statements may drffer from legislation in otherjurisdictions. In so far a5 Trustee5 are aware.. there is no relevant audit InfO￿allOn ofwhich the company's auditors are unaware.. and Ihe Trustees have taken all steps that they ought to have taken to make ttiemselves aware of any relevant audf( informatKJn and to astsbllsh that 1ho audrtors arè aware of that Infom)atlon. This r8kxJrt of th8 Trustees (incorporating tho strategic report) was approved on 29 October 2021 and signed on th8ir behalf by.. Mr fimothy Parr- Vice Chair of Trustees

Independent Auditor’s Report to the Members of Catholic Care (Diocese of Leeds)

Catholic Care (Diocese of Leeds)

Opinion

We have audited the financial statements of Catholic Care (Diocese of Leeds) (the 'charitable company') for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Independent Auditor’s Report to the Members of Catholic Care (Diocese of Leeds) (continued)

Catholic Care (Diocese of Leeds)

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, was as follows:

We assessed the susceptibility of the charity’s accounts to material misstatement, including obtaining an understanding of how fraud might occur, by:

Catholic Care (Diocese of Leeds) Independent Auditor's Report to the Members of Catholic Care (Diocese of Leeds) {continuedl To address the risk of fraud through management bias and override of controls. we.. p&rformed analY￿cal procaduras to Identfy any unusual or unèxpoctèd relaOonshlps', tested joumal entries lo identrfy unusual transactions: assessed Mhelher judgernents and assumptions made in determining the accounting estirnales sel out in the accounting policies wert inditative of potential bia5". and Investlgated th& ratlonale bahlnd slgnmcant or unusual transactkjns. In resFonse to the risk of irregularrties and r￿n-COMpliance Mqlh laws and regulations. we designed procedures which included. bul were not limf(ed to= agreèing financial statèment disclosurès to underfying supportlng documents￿on. roadlng mlnutas of meatings 011hosa chargad govamanca,. and enquiring of management as lo athal and potential liligalion and daims. Afurther dexription of our responsibilities for the audit of the financial slalernents is located on the Financial Reporting Council's webstté at.. wwrw.frc.org.uklauditorsrésp)nsibil1￿È$. Thls dèscrlption forms part of our Auditors. Rèwrt. Usè of our r8port Thi8 report is made sdety lo the charTtable company's members. as a body, in accordance Mqth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charf(able companvs trustees those matters we are required lo state lo them in an Auditors, Report and for no other purpose. To the fvllesl extent permitted by law. we do not accept or assume responsibility lo anyone other than the charitable cornpany and its trustees. as a body. for our audit work, for thi5 report, or for the opinions we have formed. Michael Jacks for and on béhaw o BHP LLP statutory Audltors 1st Floor Mayesbrook Hous8 Leeds LS16 6QY Is ior Statutory Auditor) Date.. 12-

Catholic Care (Diocese of Leeds)

Statement of Financial Activities

(including income and expenditure account) For the year ended 31 March 2021

Notes
Income:
Income from donations and legacies
4
Income from charitable activities:
5
Adult Care Services
Children & Family Care Services
Community Support Services
Income from other trading activities:
Christmas card sales
Investment income
Total Income
Expenditure:
Expenditure on raising funds:
Investment management costs
Rental property
Expenditure on charitable activities:
6
Adult Care Services
Children & Family Care Services
Community Support Services
Governance
7
Total expenditure
Net (expenditure) / income
Distribution from bank administrators
9
Gains / (Losses) on investments
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
20		 2021
Unrestricted
Funds
£
144,228
2,613,203
1,017,837
27,553
2,670
86,998
3,892,489
23,883
77,443
2,445,525
1,254,818
247,472
124,039
4,173,180
(280,691)
1,163
540,208
260,680
6,116,744
6,377,424		 2021
Restricted
Funds
£
3,221
-
-
56,650
-
-
59,871
-
-
245
-
70,599
-
70,844
(10,973)
-
-
(10,973)
16,603
5,630		 2021
2020
Total
Total
Funds
Funds
£
£
147,449
209,661
2,613,203
2,557,840
1,017,837
1,216,955
84,203
75,354
2,670
1,440
86,998
90,562
3,952,360
4,151,812
23,883
23,688
77,443
79,379
2,445,770
2,289,910
1,254,818
1,289,333
318,071
262,177
124,039
115,249
4,244,024
4,059,736
(291,664)
92,076
1,163
2,908
540,208
(109,257)
249,707
(14,273)
6,133,347
6,147,620
6,383,054
6,133,347

All income and expenditure relate to continuing activities. The statement of financial activities includes all gains and losses recognised in the year. The notes on pages 16 to 25 form part of these financial statements.

Catholic Care (Diocese of Leeds) Balance Sheet at 31 March 2021 Notes 2021 2021 2020 2020 Fixed assets: Tangible fixed assets Investments 12 13 4.157,805 2.737,544 3.751.813 3.041,353 Total Thxed assats 6,895,349 6,793,166 Currènt assèts: Debtors Cash al bank and in hand 14 423,488 562,214 415.385 210.341 Total cuff•ntass•t8 985,702 625.726 Llabllltlès: Credttors falllng ¢Juè ￿thIn onè yaar 15 685,545 Net current assets I Iliabilitiesl 87,705 159.8191 Total assets less current liabilities 6.983,054 6.733,347 Provlslons for Ilabllltlas 18 1600,0001 1600,0001 Total nèt assèts 6,383 054 6,133,347 Tho funds of tho charty.. Reslricted income fund5 20 5,630 16.603 Unrestricted ftinds 20 6.377,424 6.116,744 Total charity fvnds 20 6.383,054 6.133.347 Approvad by tho Trust8as on 29 October 2021 and ￿gnad on their b&half by= Mr Timothy Parr- Vice Chair of Trustees Company régistration No.. 01633737 The notes on pagès 16 to 25 fomi part of th&sa flnanclal ststemonts. 14.

Catholic Care (Diocese of Leeds)

Statement of Cash Flows For the year ended 31 March 2021

Notes
Cash flows from operating activities:
Net cash (used in) / provided by operating activities
a
Cash flows from investing activities:
Dividends and interest from investments
Purchase of property, plant and equipment
Proceeds from sale of investments
Purchase of investments
Net cash provided by / (used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
b		 2021
£
86,998
(486,543)
1,535,041
(728,065)		 2021
2020
£
£
(55,558)
90,562
(218,042)
713,482
(764,136)
407,431
351,873
210,341
562,214		 2020
£
242,754
(178,134)
64,620
145,721
210,341
Notes to the statement of cash flows
a
Reconciliation of net expenditure to net cash flow from operating activities
Net (expenditure) / income for the year
Depreciation charges
Net movement in deposits
Dividends and interest from investments
Distribution from bank administrators
(Increase) / decrease in debtors
Increase in creditors
Net cash (used in) / provided by operating activities
b
Analysis of cash and cash equivalents
Cash at bank and in hand		 2021
£
(291,664)
80,551
37,041
(86,998)
1,163
(8,103)
212,452
(55,558)
2021
£
562,214		 2020
£
92,076
81,955
12,165
(90,562)
2,908
69,105
75,107
242,754
2020
£
210,341

The notes on pages 16 to 25 form part of these financial statements.

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021

1 Charitable status

The Company is a private limited company registered in England and Wales and a registered Charity, number 513063 and is limited by guarantee. In the event of the Charity being wound up, the liability of each member is limited to £1. At 31 March 2021 there were nine members. The address of the registered office is given in the Trustees and advisors section on page one of these financial statements. The financial statements are presented in Sterling (£), which is the functional currency of the Charity, and are rounded to the nearest £.

2 Accounting policies

The financial statements have been prepared under the historical cost convention, modified for the valuation of investments, which are shown at market value. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Catholic Care (Diocese of Leeds) meets the definition of a public benefit entity under FRS 102.

Preparation of the accounts is on a going concern basis. The trustees have again considered the impact of COVID19 on the charity’s activities, beneficiaries, workforce and supply chain, as well as the wider economy. Whilst it is not considered practical to accurately assess the duration and extent of the disruption, the trustees note the additional income being received by way of Government financial support to local authorities and the continued provision of free PPE for adult regulated services and are confident that they have in place plans to deal with any financial losses that may arise. The trustees do however recognise that uncertainty exists surrounding the duration and impact of COVID-19 and hence there is inherent risk regarding the success and sustainability of these plans. This risk represents an uncertainty which may cast doubt about the charity’s ability to continue as a going concern, however the trustees have concluded that the charity remains a going concern whilst such viable options are available to it. The charity has no overdraft facility or other external loans, the Charity's forecasts and projections show that the Charity is able to operate without the need for external financing for at least 12 months from the date of approval of these financial statements. After making enquiries the Trustees have a confident expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis of preparation for the accounts.

Income, including government grant income, is recognised when the Charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured readily.

Income from contracts is recognised as services are provided and the Charity becomes legally entitled to the

For legacies, entitlement is taken as the earlier of the date on which either: the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Charity has been notified of the executor's intention to make a distribution.

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

2 Accounting policies (continued)

Support costs are those functions that assist the work of the Charity but do not directly undertake charitable activities. Support costs include head office costs, finance, administration and governance costs which support the charities activities. These costs have been allocated to the services within expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 7.

g) Tangible fixed assets

The Charity capitalises all capital items above £250. All fixed assets are held at cost.

Fixtures, fittings and equipment are depreciated at 25% per annum, on a straight-line basis using the cost less any estimated residual values.

Motor vehicles are depreciated at 25% per annum on the reducing balance basis.

Freehold & leasehold buildings are depreciated at 2% per annum on a straight-line basis using the cost.

Assets under construction are not depreciated until they are available for use.

Investments in subsidiaries are stated at cost. Other investments are stated at fair value with changes in fair value being recognised in the Statement of Financial Activities.

i) Financial instruments

All of the charitable company's financial assets and financial liabilities are of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, after any discounts. Non-basic financial instruments relate to investments, which are recognised at market value. Realised and unrealised gains and losses are released to the Statement of Financial Activities as they arise.

Trade and other debtors are recognised at the settlement amount due, after any trade discount offered. Prepayments are valued at the amount prepaid, net of any trade discounts due.

Non-current assets and associated liabilities are classified as held for sale when their carrying amount will be recovered principally through a sale transaction rather than continuing use and a sale is highly probable. Assets designated as held for sale are held at the lower of carrying amount at designation and fair value less costs to sell. Depreciation is not charged against property, plant and equipment classified as held for sale.

l) Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition, or opening of the deposit, or similar account.

m) Creditors and provisions

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Pensions

Defined contribution

The Charity operates a Group Personal Pension Plan. Contributions paid into this arrangement are charged to the Statement of Financial Activities in the year to which they relate.

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

2 Accounting policies (continued)

Unrestricted : these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Designated : these are funds set aside by the Trustees out of unrestricted general funds for specific future purposes or projects.

Restricted : these are funds that can only be used for particular restricted purposes imposed by the donor or funder within the objects of the Charity.

3 Key judgements and estimates

Preparation of the financial statements requires the Trustees to make significant judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and assumptions are based on historical experience and other factors that are considered to be relevant. The items in the financial statements where these judgements, estimates and assumptions have been made include:

Valuations and useful economic lives of fixed assets

In assessing the carrying value of assets, the Trustees have used their judgement in selecting suitable valuation methods and inputs and in estimating the useful economic lives (UELs) of assets. UELs have been reviewed, with no changes being made.

Provisions

Provisions are recognised at the balance sheet date at the Trustees' best estimate of the expenditure required to settle the present obligation. The carrying amounts of provisions are reviewed annually and adjusted in light of any new information. Details surrounding provisions held at the year end are included in note 18.

Contingent liabilities

In assessing whether there are any contingent liabilities present the Trustees' have used their best estimate to ascertain possible but uncertain obligations and present obligations that are not recognised because they are not more likely than not to occur and / or the amount of the obligation cannot be estimated readily.

4 Donations and legacies

Annual Appeal
Good Shepherd
Refugee Appeal
Donations : general
Donations : restricted use
Gift Aid
Government Grants
Legacies		 2021
£
9,843
7,992
-
25,844
3,221
2,992
79,509
18,048
147,449		 2020
£
27,601
51,930
2,061
15,209
-
2,500
-
110,360
209,661

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

5 Analysis of income on charitable activities

Adult Care Services
Adult Learning Disability Service
Mental Health Service
Adult Outreach Service
Children & Family Care Services
Children & Young People's Service
Schools Service
Post Adoption Support
Community Support Services
Older People's Groups
Gianna Project
Community Response Service
Other Community Projects
Refugee Support		 2021
Unrestricted
Funds
£
2,418,233
116,931
78,039
2,613,203
542,997
473,960
880
1,017,837
6,566
1,307
18,315
120
1,245
27,553
3,658,593		 2021
Restricted
Funds
£
-
-
-
-
-
-
-
-
12,350
300
39,400
4,600
-
56,650
56,650		 2021
2020
Total
Total
Funds
Funds
£
£
2,418,233
2,360,392
116,931
124,824
78,039
72,624
2,613,203
2,557,840
542,997
729,750
473,960
487,205
880
-
1,017,837
1,216,955
18,916
40,476
1,607
1,837
57,715
-
4,720
24,041
1,245
9,000
84,203
75,354
3,715,243
3,850,149

6 Analysis of expenditure on charitable activities

Activities Support
undertaken Costs 2021 2020
directly (see note 7) Total Total
£ £ £ £
Adult Care Services
Adult Learning Disability Service 1,930,417 268,286 2,198,703 2,082,358
Mental Health Service 130,137 18,031 148,168 131,582
Adult Outreach Service 98,899 - 98,899 75,970
2,159,453 286,317 2,445,770 2,289,910
Children & Family Care Services
Children & Young People's Service 491,769 96,759 588,528 639,314
Schools Service 533,248 84,162 617,410 598,955
Post Adoption Support 39,437 9,443 48,880 51,064
1,064,454 190,364 1,254,818 1,289,333
Community Support Services
Older People's Groups 92,432 11,155 103,587 102,486
Growing Old Gracefully 6,778 - 6,778 3,367
Embrace Project - - - 301
Gianna Project 48,915 7,105 56,020 42,477
Community Response Service 69,943 - 69,943 -
Other Community Projects 38,615 27,300 65,915 82,674
Refugee Support 14,962 866 15,828 30,872
271,645 46,426 318,071 262,177
Governance (see note 7) - 124,039 124,039 115,249
3,495,552 647,146 4,142,698 3,956,669

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

7 Analysis of governance and support costs

The Charity initially identifies the costs of its support functions, which represent central administration costs. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs are apportioned between the charitable activities undertaken as shown below.

General Governance
Support Function Total Basis of apportionment
£ £ £
Audit and accountancy - 16,080 16,080 Governance
Legal fees - 6,094 6,094 Governance
Other professional fees - 25,241 25,241 Governance
General office 37,534 122 37,656 Allocated on total staff costs
Management and administration
salaries, wages and related 347,484 55,723 403,207 Allocated on total staff costs
costs
Senior manager salaries, wages
and related costs		 107,811 - 107,811 Allocated on time
Head office property costs 30,278 20,779 51,057 Allocated on head office occupancy
523,107 124,039 647,146

8 Net expenditure for the year

This is stated after charging:
Operating leases - equipment
Operating leases - motor vehicles
Depreciation
Auditor's remuneration:
For the provision of audit services to the charitable company		 2021
2020
£
£
3,999
2,786
4,457
4,457
80,551
81,955
16,080
15,300

9 Distribution from bank administrators

In early October 2008, the Icelandic bank Kaupthing collapsed and its UK subsidiary Kaupthing Singer & Friedlander Limited (KSF) went into administration. At the time of the administration, Catholic Care had £387,815 on deposit with KSF. In the accounts to 31 March 2009 the trustees made an impairment adjustment of £194,000. In the year to 31 March 2021 an amount of 0.3 pence in the pound was received amounting to £1,163 (2020: 0.75 pence in the pound amounting to £2,908). The total amount received to 31 March 2021 was £336,605 (86.8p in the pound). The final dividend is due to be paid within two months of 29 July 2021 and the administrators currently estimate that total dividends to non-preferential creditors will be approximately 87.0p in the pound.

10 Analysis of staff costs

Wages and salaries
Social security costs
Pensions		 2021
£
2,954,366
229,724
138,083
3,322,173		 2020
£
2,760,297
216,918
143,624
3,120,839

The number of employees whose emoluments fell within the following bands is set out below:

£70,000 - £80,000
£60,000 - £70,000		 1
-		 -
1

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

11 Staff numbers, Trustee remuneration and expenses and the cost of key management personnel

The average monthly head count during the year was as follows:

Learning disability service
Children & young people's services
Schools service
Administration
Mental health service
Other services		 2021
2020
93
98
13
15
21
20
12
9
4
4
7
6
150
152

The Charity Trustees were not paid and did not receive any other benefits from employment with the Charity in the year (2020: £nil) neither did they receive payment for professional or other services supplied to the Charity (2020: £nil). No expenses were reimbursed to Trustees during the year (2020: £nil) in respect of out of pocket travel expenses. The Trustees are covered by a third party Charitable Trustee Indemnity insurance, which forms part of the Charitiy's combined liability insurances.

The key management personnel comprises the Trustees, the Director, and the Heads of Finance, Adult Care and Children & Family Care. The total cost of the key management personnel of the Charity was £320,595 (2020: £297,643).

12 Tangible fixed assets

At 1 April 2020
Transfers
Additions
At 31 March 2021
Depreciation
At 1 April 2020
Transfers
Charge for the year
At 31 March 2021
Net Book Value
At 31 March 2021
At 31 March 2020
Cost		 Assets
under
construction
£
244,222
253,600
478,382
976,204
-
30,000
-
30,000
946,204
244,222		 Freehold
property and
improvements
£
3,651,748
(253,600)
-
3,398,148
377,360
(30,000)
67,713
415,073
2,983,075
3,274,388		 Leasehold
property and
improvements
£
240,000
-
-
240,000
28,800
-
4,800
33,600
206,400
211,200		 Fixtures,
fittings and
equipment
£
161,399
-
8,161
169,560
143,473
-
7,018
150,491
19,069
17,926		 Motor
vehicles
£
38,185
-
-
38,185
34,108
-
1,020
35,128
3,057
4,077		 Total
£
4,335,554
-
486,543
4,822,097
583,741
-
80,551
664,292
4,157,805
3,751,813

The Diocese of Leeds has a contractual right to £600,000 of the value of assets relating to property at 29 & 31 Moor Road, Headingley. This property is included within freehold property and improvements.

13 Investments

Balance at beginning of year
Additions
Disposals
Net movement in deposits
Net investment gains / (losses)
Balance at end of year		 2021
£
3,041,353
728,065
(1,535,041)
(37,041)
540,208
2,737,544		 2020
£
3,112,121
764,136
(713,482)
(12,165)
(109,257)
3,041,353

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

13 Investments (continued)

Investments are listed on a recognised stock exchange or are held in units of common investment funds where the values are calculated by reference to investments quoted on a recognised stock exchange. At the year end no investment amounts to more than 9% of the portfolio value (2020: 13%).

Four fund investments held at the year end were greater than 5% (2020: 2); ASI Strategic Investment Allocation Fund (9.0%), Vanguard Investments UK Ltd US Equity Index (7.1%), Aberdeen Standard Active Overlay Fund (5.6%), Aberdeen Standard Liquidity Sterling Fund (5.1%)

UK equities
Overseas equities
UK government bonds
Company bonds
Cash Funds
Historical cost at end of year
14 Debtors
Trade debtors
Prepayments and accrued income
Sundry debtors
15 Creditors: Amounts falling due within one year
Trade creditors
Accruals
Deferred income (see note 15)
Other taxation
Other creditors
16 Deferred income
Balance as at 1 April 2020
Amount released to income earned from charitable activities
Amount deferred in year
Balance as at 31 March 2021		 Market
Value
2021
£
1,094,692
1,104,591
84,975
397,384
55,902
2,737,544
2,304,863
2021
£
285,370
133,374
4,744
423,488
2021
£
24,104
274,689
167,322
57,952
373,930
897,997		 Market
Value
2020
£
1,377,341
1,087,282
109,704
375,852
91,173
3,041,352
2,998,813
2020
£
229,751
182,687
2,947
415,385
2020
£
25,312
156,464
79,105
54,667
369,997
685,545
£
79,105
(52,990)
141,207
167,322

Deferred income comprises monies received in advance for social care and from grants, for which the income is spread over the period of the grant.

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

17 Financial instruments

Financial instruments
Financial assets
Financial assets measured at fair value through income and expenditure account
Financial assets measured at amortised cost
Financial liabilities
Financial liabilities measured at amortised cost		 2021
£
2,737,544
852,328
3,589,872
672,723
672,723		 2020
£
3,041,353
443,039
3,484,392
551,773
551,773

Financial assets measured at fair value through income and expenditure comprise investments. Financial assets measured at amortised cost comprise cash and cash equivalents, trade and other debtors. Financial liabilities measured at amortised cost comprise trade and other creditors and accruals.

18 Provisions

Cost at 1 April 2020 and 31 March 2021 Property
provision
£
600,000

Property provision

The Diocese of Leeds has a contractual right to £600,000 of the value of assets relating to property at 29 & 31 Moor Road, Headingley. Provision has been made in full to reflect this contractual right, which is due to be satisfied upon the sale of property assets. The sale date of the property is uncertain, but is currently anticipated to be between 2021 and 2022.

19 Pension commitments

The Charity operates a Group Personal Pension Plan on behalf of all employees who wish to join. The Royal London Mutual Insurance Society Limited administer the plan, the assets of which are held separately from those of the Charity. Contributions for the year ended 31 March 2021 were £136,929 (2020: £143,624). Contributions of £22,587 were payable at 31 March 2021 (2020: £21,269).

20 Funds

Restricted Funds
Amenity Funds
Total Restricted Funds
Unrestricted Funds
Designated funds:
Property
General funds
Total Unrestricted Funds
Refugee Community
Sponsorship Fund
Diocesan Refugee Support
Project
Community Services Fund		 Balance at
1 April
2020
£
993
10,940
4,670
-
16,603
3,729,810
2,386,934
6,116,744
6,133,347		 Income
£
200
-
-
59,671
59,871
478,382
3,414,107
3,892,489
3,952,360		 Expenditure
£
(245)
(7,153)
(3,775)
(59,671)
(70,844)
(72,513)
(4,100,667)
(4,173,180)
(4,244,024)		 Transfers
£
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2021
£
£
-
948
-
3,787
-
895
-
-
-
5,630
-
4,135,679
541,371
2,241,745
541,371
6,377,424
541,371
6,383,054
Gains and
losses

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

20 Funds (continued)

Restricted Funds

Amenity Funds

These are donated funds for specific uses in the Learning Disability and the Children & Young People's Services.

Diocesan Refugee Support Project Fund

These are funds donated by parishes throughout the Diocese to be applied specifically for the Diocesan Refugee Support Project.

Refugee Community Sponsorship Fund

These are donations provided specifally for funding the role of Community Sponsorship Co-ordinator with Catholic Care to provide support to local parish groups welocming refugee families into their community.

Community Services Fund

This fund was launched as the Community Response Service in March 2020 in response to the pandemic and the growing demand for our projects aimed at alleviating poverty in general, with a large emphisis on food poverty. Initial funding for this project was received from the Albert Gubay Charitable Fund and The National Lottery Community Fund in June 2020. The fund also includes grants awarded in relation to other community services including the Young Carers Project and the Older People's Groups.

Designated Funds

Property Fund

This fund represents the depreciated value of the functional properties which can not be disposed of without limiting the scope of the Charity's activities.

21 Analysis of net assets between funds

Restricted funds
Unrestricted funds:
Designated funds
General funds		 Fixed Assets
£
-
4,135,679
22,126
4,157,805		 Investments
£
-
-
2,737,544
2,737,544		 Net
Current
Assets
£
5,630
-
82,075
87,705		 Long term
Liabilities
£
-
-
(600,000)
(600,000)		 Total
£
5,630
4,135,679
2,241,745
6,383,054

22 Commitments under operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

Within 1 year
Between 2 and 5 years		 2021
£
5,889
13,218
19,107		 2020
£
7,243
4,113
11,356

23 Capital commitments

There were capital commitments of £809,272 in relation to a building contract at one of the former residential home properties at 31 March 2021 (2020: £1,256,321)

24 Related party transactions

Purchases of Christmas cards at the retail price totalling £384 were made by two trustees during the year, there were no other related party transactions during the year (2020: donations of £100).

Catholic Care (Diocese of Leeds) Notes to the Financial Statements For the year ended 31 March 2021 (continued)

25 Statement of financial activities comparative note

Income:
Income from donations and legacies
Income from charitable activities:
Adult Care Services
Children & Family Care Services
Community Services
Income from other trading activities:
Christmas card sales
Investment income
Total Income
Expenditure:
Expenditure on raising funds:
Investment management costs
Rental property
Expenditure on charitable activities:
Adult Care Services
Children & Family Care Services
Community Services
Governance
Total expenditure
Net (expenditure) / income
Distribution from bank administrators
Gains / (Losses) on investments
Net Movement in Funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 2021
Total
Funds
£
147,449
2,613,203
1,017,837
84,203
2,670
86,998
3,952,360
23,883
77,443
2,445,770
1,254,818
318,071
124,039
4,244,024
(291,664)
1,163
540,208
249,707
6,133,347
6,383,054		 2020
Unrestricted
Funds
£
207,600
2,557,840
1,216,955
66,354
1,440
90,562
4,140,751
23,688
79,379
2,289,910
1,289,333
236,040
115,249
4,033,599
107,152
2,908
(109,257)
803
6,115,941
6,116,744		 2020
Restricted
Funds
£
2,061
-
-
9,000
-
-
11,061
-
-
-
-
26,137
-
26,137
(15,076)
-
-
(15,076)
31,679
16,603		 2020
Total
Funds
£
209,661
2,557,840
1,216,955
75,354
1,440
90,562
4,151,812
23,688
79,379
2,289,910
1,289,333
262,177
115,249
4,059,736
92,076
2,908
(109,257)
(14,273)
6,147,620
6,133,347