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2024-03-31-accounts

CATHOLIC CARE (DIOCESE OF LEEDS)

(A company limited by guarantee)

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

Charity Number: 513063 Company Number: 01633737

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Trustees’ Report and Financial Statements For the year ended 31 March 2024

Contents

Trustees and Advisors ....................................................................................................................................... 1 Foreword by Chair of Trustees and Report of the Trustees ............................................................................ 3 Independent Auditor’s Report to the Members of Catholic Care (Diocese of Leeds) ...................................... 11 Statement of Financial Activities (including Income and Expenditure account) .............................................. 14 Balance Sheet at 31 March 2024 .................................................................................................................... 15 Statement of Cash Flows................................................................................................................................. 16 Notes to the Financial Statements ................................................................................................................... 17

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Trustees and Advisors

For the year ended 31 March 2024

Name of Company: Catholic Care (Diocese of Leeds) Registered Address: 11 North Grange Road Headingley Leeds LS6 2BR Telephone No: 0113 388 5400 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 2011. The following members were in office during the year ended 31 March 2024:

Right Reverend Marcus Stock, Bishop of Leeds (Chair) Mr Timothy Parr (Vice Chair)

Rev Monsignor Peter Rosser (resigned 14 September 2023) Rev Monsignor Donal Lucey Mrs Sue Rix Rev Dr Joseph Cortis Mrs Maureen Fletcher Mrs Vivienne Birch (resigned 17 September 2024) Mr Kevin John Devers Rev Martin Edward Kelly Dr Laura Roberts (appointed 28 September 2023) Mrs Julie Jones (appointed 28 September 2023) Mr Robert Kilcoyne (appointed 17 September 2024) Mr Ian Bannister (appointed 17 September 2024)

Company Secretary: Mrs Carol Hill (Director) Senior Executives: Mrs Carol Hill (Director) Ms Stephanie Wild (Head of Finance & Resources) Ms Rachel Wilkinson (Head of Care) Auditors: BHP LLP, Statutory Auditors 1[st] Floor, Mayesbrook House Redvers Close Lawnswood Business Park Leeds LS16 6QY Solicitors: Grays Wrigleys Solicitors LLP Duncombe Place 3[rd] floor, Wellington Place York YO1 7DY LS1 4AP Bankers: Virgin Money Plc 94-96 Briggate Leeds LS1 6NP Investment Managers: LGT Wealth Management 14 Cornhill London EC3V 3NR

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Foreword from the Chair

For the year ended 31 March 2024

As Chair of Trustees for Catholic Care I am delighted to share with you the Trustees’ Annual Report for the financial year ending 31 March 2024. This was a memorable year for all associated with the charity as we celebrated together the 160th anniversary of its foundation.

In accord with our charity’s name, we are a Catholic charity which provides care across the Diocese of Leeds for people with disabilities and for those living in our communities with various needs, irrespective of their age, status or religious beliefs. As a Christian organisation, we hope to share the Good News of God’s love, giving hope when many are suffering.

Nearly every Catholic diocese in the world has an agency called ‘Caritas’ (a Latin word meaning 'charity', otherwise described as 'love in action’ or ‘loving care’) which co-ordinates the Church’s charitable outreach to disadvantaged, marginalised and vulnerable people. In 2023, I designated Catholic Care as ‘Caritas Leeds’, the Caritas agency of the Diocese of Leeds, which means that going forward the charity will continue with the work it does but will have a new role in encouraging and supporting the development of projects which care for others in parishes across the Diocese.

It is amazing to think how much our charity has developed and grown since it opened its first orphanage in Leeds in 1863. Despite the economic challenges which we faced during the last year and the ongoing recovery from the effects of the Covid pandemic, we have witnessed the resilience, forward thinking, and vibrancy of the charity.

Throughout the year, our community team has responded to rises in food and fuel costs by expanding our community markets and hosting pantries that supply families with food and essential items. In addition, the team continues to offer counselling, advice on nutrition and healthy exercise, and our Friendship Groups are flourishing.

Our regulated services have continued to develop with Westhaven Court becoming established and now providing the very latest in supported living for adults with a learning disability, and our Extra Care Service for older people in Skipton achieved a CQC rating of Good in all areas for its first inspection.

Staff welfare and development are very important to us, and we were delighted to resume celebrating staff achievements at our bi-annual ‘Oscars’ night event.

Key Statistics for the financial year from 1 April 2023 to 31 March 2024

2700 people cared for and helped during the year
73 households supported through the community market
744 families supported through pantries
30 families supported through stay and play groups
421 mums supported through the Gianna Project
142 people counselled through the counselling service
72 adults with a learning disability cared for and supported through residential care, supported living in
both traditional homes and apartment schemes
65 older people supported in extra care
5 young people receiving care in the children’s home
1687 young people receiving support in schools

Despite the challenges we face, we look forward to developing the charity even further in the years ahead and continue to strive to put the people we care for and support at the heart of everything we do.

Rt. Rev. Marcus Stock Bishop of Leeds

Chair of Trustees

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

The Trustees present their annual report together with the audited financial statements of Catholic Care (Diocese of Leeds) for the year ended 31 March 2024.

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 the 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 emphasise 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

Our current work is supported by 120 volunteers. 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, much of which would not take place without them. Volunteers enable us to offer a caring service in our Community Services in keeping with our values. To mark volunteers’ week and to recognize the important role played by volunteers we invited all volunteers to a celebratory afternoon tea. We want every one of our volunteers to feel inspired, capable, and empowered to make a positive difference in 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. During the year an amount of £29,323 (2023: £20,481) was raised for the Annual Appeal. The Good Shepherd Appeal raised £29,136 (2023: £32,028). 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

In January we appointed Wrigley’s solicitors to undertake a review of all our HR related policies and have adopted their recommendations. In addition to this, we have reviewed all our policies during the year, 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.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

Achievements and Performance

During the year, over 2,700 people were cared for and supported by the Charity. The Charity also made progress in delivering its Strategic Plan despite the challenges of the economic crisis which impacted negatively on its finances, the staff and volunteers and significantly increased complexity of issues and demand in services from some of those who we provide a service to. This is the third year in which the Charity has been subjected to significant external financial challenges, but these three years have demonstrated the resilience, forward thinking and vibrancy of the Charity as it emerges from the pandemic and strategically moves forward.

We responded to support those hit directly by the cost-of-living crisis, especially from the new financial challenges arising from very high inflation, particularly in respect of food and fuel. We were successful in achieving new sources of grant income and working with surplus food supplies to support the existing Community Market and to open a second. Following a very successful appeal in the Parishes, we supported nearly 750 families through Pantries held in schools and other community locations.

With additional funding through the Albert Gubay Charitable Foundation, we have strengthened our Gianna Project, which was originally set up to support teenage pregnancy in school. It now supports women of all ages with an unplanned pregnancy and the additional funding has provided the project with two family support workers. Their work has included support with substance and alcohol misuse, Doula antenatal support and an interactive education from healthy eating on a budget, to exercise and wellbeing, to parenting.

Again for the second year, in response to the challenging times we have seen the number of people receiving counselling increase significantly. We have been able to offer a quick response to those who need help now and who would otherwise be facing a waiting list of several months. This has meant that individuals are not falling deeper into despair.

The Charity supported many people across the Diocese who wanted to welcome Ukrainians fleeing the war, in the Homes for Ukraine initiative. Our Community Sponsorship Programme welcomed three new refugee families during the year, who were supported by volunteers to find a home and a new life here in the UK.

The Extra Care Service in Skipton continued to establish itself during the year. It had its first CQC inspection in January 2024 since registration and achieved a rating of Good in all areas.

The Charity’s Children’s Residential Home has carried a number of vacancies throughout the year due to challenges around the sufficient recruitment of high caliber staff who can meet the complex needs of the young people coming into care. Staff recruitment continued to be a challenge during the year in all our care services resulting in a negative financial impact due to increased expenditure in recruitment fees and agency costs. As a result of this, in August 2024, a decision was taken to close the Charity’s Children’s Residential home. In line with our strategic plan, we are working to open one or more smaller homes in early 2025.

The Schools, Children and Family Wellbeing Service continues to work across 48 schools in the Diocese. The team of social workers, who are also Trauma Informed Practitioners, provide therapeutic intervention to children and young people. We also support families, staff and the whole school community. As we emerge from the pandemic this Service is beginning to experience different and more complex areas of need.

Management Restructure

Following the resignation of the Head of Adult Care in the previous financial year a period of discussion and consultation over a new management restructure took place and a new post was created, Head of Care, which combined the roles of the previous Head of Adult Care and Head of Children’s Care. A 6 month temporary appointment was made followed by a permanent appointment in December 2023.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

Financial Review

During the year ended 31 March 2024 Catholic Care’s income increased by £249,434 (4%) to £5,816,720. This was due largely to price rises awarded by local councils. Our total expenditure in delivering our services for the year increased by £358,791 (6%) to £6,304,675 largely due to staff pay increases, guided by the National Joint Council (NJC) pay structure.

Charitable activities

Charitable activities
Year Ended 31.3.24 Year Ended 31.3.23
Adult Care Services
Adult Learning Disability Service
Peoplereceiving care & support 63 61
Number of homes 13 13
Residential& supported places 63 61
Referrals to the service 4 2
Income £3,357,347 £3,013,384
% oftotal income 58% 54%
Expenditure £3,247,219 £3,021,661
Mental Health Accommodation Service
People receiving care & support 11 11
Number of homes 1 1
Supported flats 10 10
Referrals to the service 2 17
Income £162,430 £128,719
% of total income 3% 2%
Expenditure £139,859 £177,943
Adult Outreach Service
People receiving outreach support 9 8
Income £292,881 £260,875
% of total income 5% 5%
Expenditure £274,092 £256.712
Older People Extra Care Service
People receiving care & support 65 65
Income £627,493 £545,807
% of total income 11% 10%
Expenditure £731,495 £747,605
Children & Family Care Services
Children & Young People’s Service
People receiving care & support 3 5
Numberof homes 1 1
Residential places 7 7
Children supported with a learning disability through
outreach		 0 0
Income £483,815 £535,337
% of total income 8% 10%
Expenditure £585,928 £619,922
Schools, Children & Family Wellbeing Service
Peoplereceiving care & support* 842 1687
Number of schools served 48 55
Income £550,203 £509,037
% of total income 9% 9%
Expenditure £762,936 £709,790

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

Charitable activities - continued

Charitable activities - continued
Year Ended 31.3.24 Year Ended 31.3.23
Community Support Services
Number of Older People’s Groups / Outside
Gatherings		 48 16
Hot meals delivered - -
Beneficiaries /People attending community groups 265 267
People receiving care & support:
Gianna Project 427 421
Stay and Play Group Beneficiaries 40 30
Young Carers - -
Community Counselling 138 142
Community Market 207 73
Pantries 805 835
Income £92,158 £38,301
% oftotal income 2% 1%
Expenditure £346,052 £280,940

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 £4,721,446 of unrestricted reserves and no restricted reserves. The free reserves of the charity were £1,017,970 which includes £973,723 of readily accessible investments.

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 £240,000 of reserves to be spent on community projects during the year and also for the year ending 31 March 2025 where insufficient third-party funding is available.

The Trustees also looked at the level of reserves the Charity should maintain, using the best evidence available and considering 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 £1.5m which is approximately 3 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.

Year Ended 31.3.24 Year Ended 31.3.23
Restricted funds £ £
Amenity funds - -
Diocesan Refugee SupportProject - 1,287
Refugee Community Sponsorship Groups - 895
- 2,182
Unrestricted funds
Designated Property funds 3,596,036 3,650,705
General funds 1,125,410 1,521,319
Totalunrestrictedfunds 4,721,446 5,172,024
Total funds 4,721,446 5,174.206

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

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 current economic climate with slowly falling inflation.

Catholic Care predominantly 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 have considered the challenging financial position of local councils and also that there is generally less disposable income which impacts on personal donations.

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

The Trustees do not have any doubts that the Charity will continue as a going concern for the foreseeable future. The closure of our Children’s Residential Home in September 2024 will have a short term impact on the Charity’s cashflow. However, we anticipate opening one or more new, smaller homes in early 2025.

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:

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

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 Remuneration Committee (an informal sub-committee of the Trustee Board) has delegated responsibility for the remuneration of the Senior Executives.

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 is set based on the experience and skills required for the roles. The Charity is guided by the National Joint Council (NJC) for local government services scale points as a guide to inform its annual pay increase which is ultimately approved by the Trustees. The award was £1,290 at 1[st] April 2024 for all grades of staff across the Charity, including management roles.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

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 the 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 a portfolio managed by LGT Wealth Management. The overall performance of the investments during the year showed an increase of 8.1% (2023: decrease of 8.2%) 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:

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Report of the Trustees

(incorporating the Strategic Report) For the year ended 31 March 2024

Trustees’ responsibility statement

The Trustees (who are also Directors of Catholic Care (Diocese of Leeds) for the purposes of Company Law) are responsible for preparing the Trustees’ Annual Report (including the Strategic Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report of the Trustees (incorporating the strategic report) was approved on 3[rd] December 2024 and signed on their behalf by:

~~………………………~~ Signer ID: XH3PT0LI7A...…..……..……………….. Mr Timothy Parr - Vice Chair of Trustees

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Independent Auditor’s Report to the Members of 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 2024 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

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Report of the trustees other than the financial statements and our auditors' report thereon. 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. In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

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

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the 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 set out on page 9, 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 non- compliance 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:

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

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

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members, as a body, for our audit work, for this report, or for the opinions we have formed.

BHP LLP

Signer ID: CRZCVPKXXZ... Laura Masheder (Senior Statutory Auditor) for and on behalf of BHP LLP Statutory Auditor 1st Floor Mayesbrook House Leeds LS16 6QY

Date: 05/12/2024 GMT

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Statement of Financial Activities (including Income and Expenditure account) For the year ended 31 March 2024

Notes
Income:
Income from grants, donations and legacies
4
Income from charitable activities:
5
Adult Care Services
Children and Family Care Services
Community Support Services
Income from other trading activities:
Christmas card sales
Investment Income
6
Exceptional gain in disposal of properties
7
Total income
Expenditure:
Expenditure on raising funds:
Investment management costs
Rental property
Expenditure on charitable activities:
8
Adult Care Services
Children and Family Care Services
Community Support Services
Governance Function costs
Total expenditure
Net (expenditure)/income
Gains/(losses) on investments
14
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
19		 2024
Unrestricted
Funds
£
2024
Restricted
Funds
£
2024
Total
Funds
£
2023
Total
Funds
£
137,443
32,120
169,563
146,529
4,440,151
-
4,440,151
3,948,785
1,034,019
-
1,034,019
1,044,374
36,540
55,618
92,158
38,301
832
-
832
292
79,997
-
79,997
83,965
-
-
-
305,040
5,728,982
87,738
5,816,720
5,567,286
11,444
-
11,444
10,097
42,892
-
42,892
42,469
54,336
-
54,336
52,566
4,392,658
-
4,392,658
4,203,921
1,405,065
-
1,405,065
1,329,712
256,192
89,920
346,112
280,940
160,840
-
160,840
131,311
6,214,755
89,920
6,304,675
5,945,884
6,269,091
89,920
6,359,011
5,998,450
(540,109)
(2,182)
(542,291)
(431,164)
89,531
-
89,531
(108,226)
-
-
-
-
(450,578)
(2,182)
(452,760)
(539,390)
5,172,024
2,182
5,174,206
5,713,596
4,721,446
-
4,721,446
5,174,206

All income and expenditure derive from continuing activities. The Statement of Financial Activities complies with the requirements for an income and expenditure account under the Companies Act 2006 and include all gains and losses recognised in the year.

The notes on pages 17 to 27 form part of these financial statements.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Balance Sheet at 31 March 2024

2024 2024 2023 2023
Notes £ £ £ £
Fixed assets:
Tangible fixed assets 13 3,703,476 3,753,425
Investments 14 973,723 1,365,268
Total fixed assets 4,677,199 5,118,693
Current assets:
Debtors 15 633,697 655,050
Cash at bank and in hand 266,252 266,295
Total current assets 899,949 921,345
Liabilities:
Creditors falling due within one year 16 (855,702) (865,832)
Net current assets/liabilities 44,247 55,513
Total assets less current liabilities 4,721,446 5,174,206
Total net assets 4,721,446 5,174,206
The funds of the Charity:
Restricted income funds 19 - 2,182
Designated funds 19 3,596,036 3,650,705
Unrestricted funds 19 1,125,410 1,521,319
4,721,446 5,174,206

Approved by the Trustees and signed on their behalf by:

a Signer ID: XH3PT0LI7A...…………………………………………….. Mr Timothy Parr Vice Chair of Trustees 04/12/2024 GMT

…………………………………………….. Date

Company Registration No: 01633737

The notes on pages 17 to 27 form part of these financial statements

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Statement of Cash Flows

For the year ended 31 March 2024

Notes
Cash flows from operating activities:
Net cash used in operating activities
a
Cash flows from investing activities:
Dividends and interest from investments
Loss on disposal of fixed assets
Purchase of property, plant and equipment
Proceeds from sale of investments
Proceeds from sale of properties
Purchase of investments
Net cash provided by 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		 2024
£
40,320
264
(81,919)
738,020
-
(254,184)		 2024
£
(439,520)

442,237		 2023
£
83,965
-
(308,811)
536,489
1,713,682
(488,989)		 2023
£
(1,554,118)

1,536,336
2,717
274,456		 (17,782)
292,238
277,173 274,456

Notes to the statement of cash flows

a
Reconciliation of net expenditure to net cash flow from operating activities
Net expenditure for the year
Depreciation charges
Dividends and interest from investments
Loss on disposal of fixed assets
Exceptional profit on disposal of properties (note 7)
Decrease / (increase) in debtors
Increase in creditors
Net cash used in operating activities
b
Analysis of cash and cash equivalents
Cash at bank and in hand
Cash held in investment portfolio		 2024
£
2023
£
(542,291)
(431,164)
131,604
105,656
(40,320)
(83,965)
264
-
-
(305,040)
21,353
(99,000)
(10,130)
(740,605)
(439,520)
(1,554,118)
2024
£
2023
£
266,252
266,295
10,921
8,161
277,173
274,456

The notes on pages 17 to 27 form part of these financial statements.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

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 2024 there were eleven 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 carefully considered the external factors which impact on the going concern of the Charity, including the war in Ukraine on an international level and the greater impact it has on the world and the cost of living crisis on a national level, which will have a negative impact on the finances of the Charity and will increase demand for its services. The Trustees also recognise that uncertainty exists surrounding the duration and impact of these external influences. These risks represent an uncertainty which may cost doubt on the Charity’s ability to continue as a going concern, however, the Trustees have concluded that the Charity remains a going concern on the basis that whilst the risks themselves are outside the control of the Charity, their impact can be mitigated through decisive management of the Charity’s operations.

c) Income

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.

For legacies, entitlement is taken at 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.

d) Leases

Payments under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the life of the lease.

e) Expenditure

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:

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

2 Accounting policies (continued)

g) Tangible fixed assets

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.

k) Cash at bank and in hand

m) 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.

n) Fund accounting

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.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds) Notes to the Financial Statements

For the year ended 31 March 2024

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:

Useful economic lives of fixed assets

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

4 Grants, donations and legacies

Annual Appeal
Good Shepherd
Donations – general
Gift Aid
Grants
Legacies		 2024
£
2023
£
29,323
20,481
29,136
32,028
52,712
41,660
4,693
2,986
32,120
43,153
21,579
6,221
169,563
146,529

Included in grants, donations and legacies to restricted income is £32,120 (2023: £1,896)

5 Analysis of income from charitable activities

Adult Care Services
Adult Learning Disability Service
Mental Health Service
Adult Outreach Service
Older People Extra Care
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		 2024
Unrestricted
Funds
£
2024
Restricted
Funds
£
2024
Total
Funds
£
2023
Total
Funds
£
3,357,348
-
3,357,348
3,013,384
162,430
-
162,430
128,719
292,881
-
292,881
260,875
627,493
-
627,493
545,807
4,440,151
-
4,440,151
3,948,785
483,815
-
483,815
533,989
550,203
-
550,203
509,037
-
-
-
1,348
1,034,019
-
1,034,019
1,044,374
20,433
-
20,433
8,242
1,139
-
1,139
500
5,520
-
5,520
6,766
9,441
55,618
65,059
1,053
7
-
7
21,740
36,540
55,618
92,158
38,031
5,510,710
55,618
5,566,328
5,031,460

In the prior year £14,000 related to restricted income.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

6 Investment Income

Interest receivable
Rent receivable
Dividends receivable
Other income		 2024
£
2023
£
9,952
12,617
39,291
45,932
30,368
25,416
386
-
79,997
83,965

Investment income in the current and prior year is unrestricted.

7 Exceptional

Profit on sale of property 2024
£
2023
£
-
305,040
-
305,040

Profit on sale of property is shown net of selling costs of £nil (2023: £62,943.)

8 Analysis of expenditure on charitable activities

Adult Care Services
Adult Learning Disability Service
Mental Health Service
Adult Outreach Service
Older people Extra Care
Children & Family Care Services
Children & Young People’s Service
Schools Service
Post Adoption Support
Community Support Services
Older People’s Groups
Growing Old Gracefully
Community Groups
Gianna Project
Community Response Service
Other Community Projects
Refugee Support
Governance function (see note 9)		 Activities
undertaken
directly
£
Support
costs
£
2024
Total
£
2023
Total
£
2,865,605
381,607
3,247,212
3,021,661
129,152
10,707
139,859
177,943
243,199
30,983
274,092
256,712
612,751
118,744
731,495
747,605
3,850,707 541,951
4,392,658
4,203,921
525,009
60,919
585,928
576,188
643,729
119,207
762,936
709,790
42,148
14,053
56,201
43,734
1,210,886
194,179
1,405,065
1,329,712
62,376
20,751
83,127
76,330
-
-
-
6,000
18,893
7,252
26,145
18,997
82,761
26,409
109,170
79,554
7,396
-
7,396
15,548
26,435
-
26,435
29,087
93,839
-
93,839
55,424
291,700
54,412
346,112
280,940
-
160,840
160,840
131,311
5,353,293
951,382
6,304,675
5,945,884

£89,290 relates to restricted expenditure (2023: £19,344).

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

9 Analysis of governance and support costs

The Charity initially identifies the costs of its support functions, which represent 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.

Audit and accountancy
Legal fees
General office
Management and administration
salaries, wages and related costs
Head office property costs		 General
Support
£
Governance
Function
£
Total
2024
£
Total
2023
£
Basis of apportionment


-
25,620
25,620
24,420 Governance
-
53,738
53,738
70,652 Governance
93,452
30,861
124,313124,923 Allocated on total staff
costs
605,735
25,741
631,476601,410Allocated on total staff
costs
91,355
18,312
109,667
72.680 Allocated on head office
occupancy
790,542
160,840
951,382894,085

10 Net expenditure for the year

This is after charging:
Operating leases - equipment
Operating leases – motor vehicles
Depreciation
Auditors’ remuneration:
For the provision of audit services to the charitable company
For the provision of accounts services to the charitable company
Analysis of staff costs
Wages and salaries
Social security costs
Pensions
The number of employees whose emoluments fell within the following bands is set
out below:
£60,000 - £70,000
£70,001 - £80,000		 2024
£
2023
£
9,847
5,545
5,319
4,101
131,604
105,656
18,100
17,600
3,250
2,750
2024
£
2023
£
4,379,083
4,146,401
342,823
326,648
189,333
174,838
4,911,239
4,647,887

3
2
1
1

11 Analysis of staff costs

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

12 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
Older people extra care service
Children and young people’s service
Schools service
Administration
Mental health service
Other services		 2024
£
2023
£
99
103
32
31
13
15
21
26
16
15
2
3
8
2
190
195

The Charity Trustees were not paid and did not receive any other benefits from the Charity in the year (2023: £nil) neither did they receive payment for professional or other services supplied to the Charity (2023: £nil). Expenses of £131 (2023: £nil) were reimbursed to Trustees during the year in respect of out of pocket travel and training expenses. The Trustees are covered by a third-party Charitable Trustee Indemnity insurance, which forms part of the Charity’s combined liability insurances.

The key management personnel is made up of the Trustees, the Director, Head of Finance, and the Head of Care. The total cost of the key management personnel of the Charity was £272,273 (2023: £295,478)

13 Tangible fixed assets

Cost
At 1 April 2023
Additions
Disposals
Transfers
At 31 March 2024
Depreciation
At 1 April 2023
Charge for one year
Eliminated on
disposal
Transfers
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Assets under
construction
£
Freehold
property and
improvements
£
Leasehold
property and
improvements
£
Fixtures,
fittings and
equipment
£
Motor
vehicles
£
Total
£
68,350
3,601,589
351,766
270,826
45,685
4,338,216
-
21,469
-
60,450
-
81,919
-
-
-
-
(12,695)
(12,695)		 Assets under
construction
£
Freehold
property and
improvements
£
Leasehold
property and
improvements
£
Fixtures,
fittings and
equipment
£
Motor
vehicles
£
Total
£
68,350
3,601,589
351,766
270,826
45,685
4,338,216
-
21,469
-
60,450
-
81,919
-
-
-
-
(12,695)
(12,695)		 Assets under
construction
£
Freehold
property and
improvements
£
Leasehold
property and
improvements
£
Fixtures,
fittings and
equipment
£
Motor
vehicles
£
Total
£
68,350
3,601,589
351,766
270,826
45,685
4,338,216
-
21,469
-
60,450
-
81,919
-
-
-
-
(12,695)
(12,695)
68,350
3,623,058
351,766
331,276
32,990
4,407,440)
-
324,800

-
72,103
-
-
-
-
43,200

7,035

-

-
196,715
20,076
584,791

46,096
6,370
131,604

-
(12,431)
(12,431)

-
-
-
-
396,303
50,235
242,091
14,015
703,694
68,350
3,226,155
301,531
88,465
18,975
3,703,476
68,350
3,276,789
305,566
74,109
25,609
3,753,425

Assets under construction are not depreciated.

A recent revaluation of two of the Charity’s freehold properties indicated a potential revaluation gain of £388,299, the other properties approximate to their book value. This gain has not been recognised as it remains the accounting policy to recognise freehold property at depreciated cost.

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

14 Investments

Balance at beginning of year
Additions
Disposals
Net movement in deposits
Net investment gains/(losses)		 2024
£
2023
£
1,365,268
1,618,176
254,184
488,989
(738,020)
(536,489)
2,760
(96,658)
89,531
(108,226)
973,723
1,365,268

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.

UK equities
Overseas equities
UK government bonds
Company bonds
Cash funds
Historical cost at end of year
15
Debtors
Trade debtors
Prepayments and accrued income
Other debtors
16
Creditors: Amounts falling due within one year
Trade creditors
Accruals
Deferred income (see note 17)
Other taxation and social security
Other creditors		 Market Value
2024
£
Market Value
2023
£
217,048
309,713
476,308
605,520
169,989
171,457
132,457
270,940
10,921
7,638
973,723
1,365,268
755,996
1,146,612
2024
£
2023
£
410,173
430,516
209,570
209,283
13,954
15,251
633,697
655,050
2024
£
2023
£
60,197
59,256
226,354
192,381
133,866
167,235
80,310
76,498
354,975
370,462
855,702
865,832

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements For the year ended 31 March 2024

17 Deferred income

Balance as at 1 April 2023
Amounts released to income earned from charitable activities
Amount deferred in year
Balance as at 31 March 2024		 £
167,235
(167,235)
133,866
133,866

Deferred income comprises monies received in advance for social care and from grants where conditions have not yet been met.

18 Pensions 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 2024 were £189,333 (2023: £174,838). Contributions of £29,864 were payable at 31 March 2024 (2023: £28,720).

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

19 Funds

Restricted Funds
Amenity Funds
Refugee Community
Sponsorship Fund
Community Markets
Funding
Gianna Baby Bank
Total Restricted
Funds
Unrestricted Funds
Designated funds:
Property
General funds:
Total Unrestricted
Funds
Restricted Funds
Amenity Funds
Refugee Community
Sponsorship Fund
Community Markets
Funding
Ukraine Appeal		 Balance at
31 March
2023
£
Income
£
-
-
2,182
-
-
55,618
-
32,120		 Expenditure
£
-
(2,182)
(55,618)
(32,120)		 Transfers
£
Gains and
losses
£
Balance at
31 March
2024
£
-
-
-
-
-
-
-
-
-
-
-
-
2,182
87,738		 (89,920) -
-
-
3,650,705
-
1,521,319
5,728,982		 (79,138)
(6,189,953)		 24,469
-
3,596,036
(24,469)
89,531
1,125,410
5,172,024
5,728,982		 (6,269,091) -
89,531
1,128,410
5,174,206
5,816,720		 (6,359,011) -
89,531
4,721,446
Balance at
31 March
2022
£
Income
£
948
-
4,682
-
-
14,000
-
1,896		 Expenditure
£
(948)
(2,500)
(14,000)
(1,896)		 Transfers
£
Gains and
losses
£
Balance at
31 March
2023
£
-
-
-
-
-
2,182
-
-
-
-
-
-
Total Restricted
Funds
Unrestricted Funds
Designated funds:
Property
General funds
Total Unrestricted
Funds		 5,630
15,896		 (19,344) -
-
2,182
3,504,753
220,856		 (74,914) -
-
3,650,705
2,203,213
5,330,524
5,707,966
5,551,390		 (5,904,192)
(5,904,192)		 -
(108,226)
1,521,319
-
(108,226)
5,172,024
5,713,596
5,567,283		 (5,998,450) -
(108,226)
5,174,206

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

19 Funds - continued

Amenity Funds

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

Refugee Community Sponsorship Fund

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

Training Fund

Training represents grant funding from various government and third sector agencies dedicated to staff training.

Government Fund

Government Funding represents funding primarily designed to off-set the ongoing impact of Covid-19, covering vaccination costs, infection control, recruitment and staff redeployment. We have also received small grants designed to assist with staff retention, especially over the winder period.

Ukraine Appeal

These are donations provided specifically to aid families who have been affected by the war in Ukraine.

Community Markets Funding

This is grant funding which is to be used to support families who have been affected by the cost of living crisis.

Gianna Baby Bank

This fund represents funds available to provide services and support to women and girls during and beyond pregnancy.

Designated Funds

Property Fund

The fund represents the depreciated value of the functional properties which cannot be disposed of without limiting the scope of the Charity’s activities. As the properties are held for the long term to further the object of the Charity, there is no intention that these funds will be spent or released.

Transfers

Transfers totaling £24,469 have been made from unrestricted funds to the designated property fund to represent capital additions in the year.

20 Analysis of net current assets between funds – current year

Net current
Fixed Assets Investments Assets Total
£ £ £ £
Restricted funds - - - -
Unrestricted funds:
Designated funds 3,596,036 - - 3,596,036
General funds 107,440 973,723 44,247 1,121,410
3,703,476 973,723 44,247 1,121,410
Analysis of net assets between funds – comparative year
Fixed Assets Investments Net current Long term
£ £ Assets liabilities Total
£ £ £
Restricted funds - - 2,182 - 2,182
Unrestricted funds:
Designated funds 3,650,705 - - - 3,650,705
General funds 102,750 1,365,268 53,331 - 1,521,319
3,753,425 1,365,268 55,513 - 5,174,206

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b

Catholic Care (Diocese of Leeds)

Notes to the Financial Statements

For the year ended 31 March 2024

21 Commitments under operating leases

Within 1 year
Between 2 and 5 years		 2024
£
2023
£
6,082
6,088
16,011
19,782
22,093
25,871

22 Capital commitments

There were capital commitments of £nil in relation to a building contract at one of the former residential home properties at 31 March 2024 (2023: £nil).

23 Related party transactions

During the year there were the following transactions with related parties:

Two trustees are also trustees of another charity, Growing Old Gracefully. During the year no expenditure was incurred for counselling fees; £nil (2023: £6,000). No balances were outstanding in either the current or comparative year.

One trustee is also a director of Blessed Peter Snow Academy Trust. During the year, the charity received income in relation to services provided totaling £57,653 (2023: £66,301) No balances were outstanding at the balance sheet date.

One trustee is also a trustee of another charity, House of Light Trust (Leeds) Limited. During the year expenses were incurred for rent totaling £5,500 (2023: £5,500) and maintenance costs totaling £nil (2023: £36,042). At the year end, the charity owed House of Light Trust (Leeds) Limited £37,658 (2023: £32,108).

One trustee is also a trustee of Corpus Christi College Academy. During the year income was received for services provided totaling £47,452 (2023: £nil). No balances outstanding at the balance sheet date.

One Trustee is also a governor of Leeds Trinity University. During the year income was received for services rendered totaling £13,057 (2023: £9,693). At the balance sheet date, the charity owed Leeds Trinity £2,611 (2023: £nil).

Document ID: 9ceda41644d09fb83c49b5753560daa55a3ccc217b1c7389128241328ecca29b