Charity No. 527184 DAUGHTERS OF DIVINE CHARITY ST JOSEPH'S CONVEprr CHESTERFIELD TRUSTEES. REPORT AND FINANCIAL STATEMEKrs YEAR ENDED 31ST DECEMBER 2020
DAUGHTERS OF DMNE CHARiff, CHESTERFIELD TRUSTEES. REPORT AND FINANCIAL sTATEME1s FCf¢ THE YEAR ENDED 31 DECEMBER 2020 Contents Report oftha Tnjstees lThJependent Exami$ ReF>Jt ststnt of Finanual Ath 8alartt Sheet 9-15 Tru8tse8 Maria QTko (Sr M Jaclrrta) Annie Maguire Isr M Catherine) Kathleen Muriel Prenb"o {Sr M Thomas Mor•) Diana Judith Ildkr (Sr M Frano$l Provlnclal Superior Head Offic8 St Josephs Convent 42 Nvwbold Road Chesterfie]d DYshre S417PL Bursar Annie Mawire (Sr M Catherine) Nursery Manager Jesstea Hosmer Chartty R8gtstrathJn Nurnber 527184 Independont Examrnw Helena WIkinx FCA DChA Price Bailey Anglia House 8 Central Avenue St AndT&YS Business Park Thorpe St Andrew NR7 OHR Solldtorn BannerJon&s 24 Glumangate Derbyshwe S40 1UA Prfnclpal Bankers Nationa WestnNnster Bank PLC POBox13 5 Market Pkce Chesterfiekj Derbyshire DE13PJ
DAUGHTERS OF DMNE CHARITY. CHESTERFIELD TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 The Trustees present their annual rewt forthe year ended 3151 Decembw 2020 underthe Charitse8 Act 2011 Icgether wlh the finanoyal sL2tements ofthe Charity forthe year and nfirM Ihal the latter complies with the requirements of the Ac, the TTUSt De&J and the Statement of Reconynended Pra¢ce. AccoJnliThJ and Reporting by Ch¥ities 2019. REFERENCE AND ADMINISTRATIVE INFORMATION The Daughters of Dfvine Charity 1$ an Internati¢¥ lIgI(j$ (wgwation dlde{l into twelve Separate Prwnee8. The EnglTsh Pwn¢e is administwed ty the ProvinoJ SuriOr togèther thrilh a Coundl ¢nsistiryJ of four tt)unrAlltsrs. Thè CouncAI is dÈctÈd by thè mbers oflhe Pron fora te offour Ye. The financaal stsitements aClPanyIng this report are the finarKyal statements ofthe &TIlae trust on which the assets of St JOSe'S ConvenL Chesterfipjd. trng part ofthe English PffjwrKe, are held. The trust is govemed by a Tnjst Deed dabs 6th Juty 1965 and is registered th the CharTty Commission, Charity Registrab"on No 527184. Trustees Marla Clrko {Sr M ts(intsl Annle Maguire Isr Cathérine) Kathleen Muriel prenti {Sr M Thomas mo) Diana Judith Ridlw Isr M Frarri$} The Prowci4 Superi Thè Sister SupenorlBupJar The NUTWY Manager Danula WIo(2ka (Sr M Danutsl Anniè MaguÈrè (Sr M Catharine) STRUCTURE GOVERNANCE AND WGEMEKr G¢)v•rnlng Dment The Charfty1$ 9¢Med by the pro¥tsions of the Trust Deed dated 8th July 1965. Governlng Body The Charity has knjr Tnjslees. The Prownual Superr(x and two meM1S constitute the Pwn(ial Coun(il. The power of appointing new Trust rests the Provinaal Superior. Oryanlsallonal &lanagement The Pmmndal Courtcil headed by the Pro)rindal superi detem)ine the er31 polloy of the Charfty and review its overall management and o)ntrol for tfrw are legatly resF#Jwble. The day to day management ofthe SchocA delegat$ to the NurBery Uanager. Rlsk As8e88ment The TNstees have appcrfnt&l a vthing wp to mie4¥ the risks to ththich the Charity is exwsed. To de Ih&y have reported that therè arè no major risks that have bèen identif$8d th have not akeady en dealtwith by the management ntrOl$ th the Tnstees alwdy have In pl*. The wofknng group will continue its worK" r[.9 a regular basis to ensure the Charity assess and controls the iisk that it Is exp08ed to.
DAUGHTERS OF DMNE CHARrrY, CHESTERFIELD TrUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 OBJECTIVES AND PRINCIPAL ACTivmES The Charitys Trust Deed statss that Ihe Trusfs otiectNes are the advancenRnt of and support for the charitable WO being carried on by the Congregation. the a(trancenRnt of religious education or such tharilable work as the Trustees think fft in support ofthe Roman CathcAic Religion, with the approv of the PronCl Supwior. Polfcy In thlfillment ofthe Objec ofthe Tntst it (s the ofts Chwty to urmjertake a rnnge of tharitable aclM"ties. There have been no material change5 in poiicy during the last year however al Ihe invitslion of the Bishop of Satford the Charity ha3 nrN4 established a HrAse (Mothw Most Admirable) in Rochdale in fvrthwance of its objertiNp5. 1. Edu¢atlo The Chartty owns the Freehc4d Land and Buiklings lth compnse the Sl Joseph'$ Litt SdKAarn Nursery Sch(YJ vthith rt operats8 as an Irxlependent fee paying nursery. M8mb8rs ofth8 Congwatitin work in the Sdk)ot as unpaid teaths and fare aswslanls. Thé English ProMnf relies hè3¥ity on MeM1S from overs Pn {e.g. Bosnia ) vistbng to cany these fun¢thons. 2. Social and Pastoral Cave Members ofthe Congregati¢)n underlake woth 1hrA the &)mmunty and partsh, by providing famity support artd giwng reJigieAJS arKI mri4 support to those in noéd. li ¢onlun¢"on wth thè parish priest and BL8hop. 3. Mhslons The English supports Ihe estsWrnertt?rKI runnh)g of ovwseas misdDns by thè Congregation. fundraising and s31 e¥ts. The oblecive, the athMnGeffEnt of Ihe Roman Cal Religion. Fnrates all the work of the members ofthe Cororegation. Publlc Benefft Stateme The trLtstees have had due w8rd to the Charity Commission guldw¢e bonefiL They e4)nfirm th4t thè Xeth"éS ttfthè thxnty xrè in linè with this 9d#ne. Thtr tNstèès fÈÈl that they have prOdd bènéfit to thè PLtbtie by rKoviding pastts e2rÈ to th(Jsè in rte as well as faeifftiès for USÈ by the lo1 communtty and wdents. Fundralslng The charity understaNJs its duty to IWO the pul10 indudirvJ wlnerable peoFle. from unreasonab]y intNsive or persistent fundraising approaces and undue pressure lo donate. but does not currendy fun¢tsse from the public or use any inlerrwl fundrwser5 or extern ffiJrKlrai5ing agen(ies for either telephone 0rf3Ce-ttrf rxmpaigns arKI rereNed no ftsndr3i5ing comptaints during the year.
DAUGHTERS OF DMNE CHARrrY. CHESTERFIELD TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEIIBER2020 REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR OpÈratlonal Perfonmnce During the year the Congregation was atve in the areas dthd. A summary ofmajor devdop¥nenls fdkm". 1. Educatton St Joseph's Scholars Nursery Schoot has had another sucte88 year. average number ofday pupils during the year 4WdS: 2020 2019 NLtrsery 41 40 2. Social and PtoraI cart Support was pided to famil4 with refig¢yJs Materi SUKWt gNen to those in need. 3. Missions A jumble sale took place orK¢ a mnth h the Hall, to raise funds tsthe cegregatIOn and the over3eas mi58iOn& FINANCIAL REVIEW AND RESULTS FOR THE YEAR The Ststemenl of Winanty81 A¢tiwbes set Page 8 Sh( that the net expendilure for the year was £14.184 12019. £223.678). At tha end ofthe yearthe total fijnds ofthe gregation e £910.195. orthly s1 £633.074 represents fixed assets needed for the work of the CregatI. The remaining balance of £277,121 is considered by the TTlteeS to refiect the true Tree reserves, position ofthe Charrty. Reserves are held for the foUcMng Teasons". To proiride a sound financaal base to Jpportthe firture ath1t ofthe Congregation. A targ8t of three months running costs has been se( equates lo £72. forthe yèar ended 31 [lnber 2020. To promde for the firt (0 and SUPFOrt ofthe memb¥s ofthe Congregation. The rr*nlty has bble members and the average age ofthe cororegation rnaInS high. The Tru3tee5 consider the cAJrrerrt levd 0freSer to be alyw1 glven th• 8trt)ve pdicy.
DAUGHTERS OF DMNE CHARITY, CHESTERFIELD TRUSTEES. REPORT FOR THE YEAR ENDED 31 OECEIIBER2020 Inv•slm•nt powors pollcyand objectlveg Under the Orderfs Trust Deed there are no limitatrons in the TnBtees' PfAver5 of Instrnenl The Trustees have considered the rnost appTcpfi8te policy for investing funds and conduded that hokjing monies in bank deposit accounts and shortterni brKLds meets IhÈ requirement to generale Income whilst min5mislng risk and maintaining IN]u*Jty. Given ts nattjre of the8e nve¥trTbgnt thg Tru$toe$ ¢onsid$r retum to be satsfatxory. FUTURE PLANS Our key Objec for the fijture remain th8 same as atrthe for thLs year. The ongoing develOpmet of St Joseph's Littte Stholars Nursery Sch1 will o)ntinuè to bè thè Trustees main leCt[6 in arderto M8MIse the use of faolibes and resw The aver8ge age of memtors ofthe CoThJregation remwns lugh the ts)nWuenli rwwj to mainlain pension provisions for future y8ar5. STATEME OF TRUSTEES. RESPONSIBILMES trust985 are responslble for preparing Trustees, Annu Report and the fin8nrAd st8t8ments in acwrdance with applirAblè law arKI United lQrW)m ACctng StaThJards (Uniied Kingdom Generally Apted Accounting Practilx). The law applicabte lo charitEs in England & Wales requirB5 thètrust88S to Fxepare financaal statements for èach financtal year vA)ich gwe a true and fair view of the stste of affair5 of the thartty and of the incx)ming resOUTf and appiicAtion olresouitss of the charity forthat Feriod. In preparing these finanaal statements. the trustees are required to.. • selerl Suitab aCrn11ThJ poli(aes and then apply than ¢))nSL$ty. • observe the methods and prin1]e$ in the Chwiti85 SORP 2019 (FRS 11r21'. ' make judgements and estrnates th8t arè raasonatr and NUn¢ . stats whether applicable acrA)untirvJ st8nd8rds have teen IdlE. subJ'eLato any material deparbjres dlsdowj and explained in the finanryd ststements., ' prepare the finanaal Stateme on the goiry (gnwn basis urkn r( Inappro8 to presume that the charitywll continue in Op'On. The Trustee5 are responslble for keeping proper aco)unl(ng )rts that dwaoge with reasonable accuracy. at any time. tt5e finandal position of the congregab.on and enabje thwn to ensure that the finan statements (Ptyvth thè Chariti6s Attt 2011, the Charity (AUnts and Reports) Regul8tions 2008 and th8 PThTsions ofthe trust dee(l. They are also responble for safeguarding the assets ofthe Charity and for tsking re8sonab18 Steps fortt preventi7 8nd detection ol fraud and other irregularrbes. Approved by the TrtOeS 01 Octob8r 221 and SVJrt as authorised cfft their tehalfby. Sr K M Prgntl¢¢ fTUStee stb J Ridler Trustse
DAUGHTERS OF t)MNE CHARifi, CHESTERFIELD INDEPENDENT EXAMINER'S REpoKr TO THE TRUSTEES OF DAUGHTERS OF DMNE CHARrrY. CHESTERFIELD I réport to thè charity trustees an my examination of the ac%nts of the tharity for thè year en1 31st Deeernr 2019 whith are set out on pages 8 to 16. Responsibilitieg and basis of report A8 the th8rsty'8 tnjstees you are respon8lbk for the prewation offv 8LXXMJnts kn ac(x¥dant thè requiraments of the Charftles Act 2011 Ilhe Arf). I report in respect of my examinalion of the d)arity's aOnts carried out Lmder secon 145 of the Ac and in carrying (xrt my exarrinalion I havè follth¥8d an apF4icablè Direcbons given by the Charity Commission under section 145151{bl of thé AL#. Indopond•nt oxamlns statwnent Sln( the o)mpany'8 gross Inme exceeded £250.000 yourexaminer must be a mber of a listed in secl(on 145 ofthe 2011 Art. I confim th l am qualffied to undertake the examination because l am a member of ICAEW. which is one of the listed Ix#Jie& I have completed my examination. I confirm that no mataial matters coffR to my atiention in CLneCtIon wth the ex4nwnat¥ giving rng causè to that tn any matwia rèsp accounling records not kept in respeLI of the dwity as required by seron 130 of the Ai£ or the accounts do not acojrd wrth those rerAJrrts", o the a(tounl$ do not c¢mpty wlh th¢ appli¢&le requIwnts n¢¢m1ng the forni and cxjntent of accounts Set out in the chariti.es (Attounts 8nd Rapts) Regulations 2008 otherthan any rUIreMent that thg a)Unts give a 'Irue and far vi£ whlch is not a matter considered as part ofan Indendent examinab"on. I have no ojncems and have come acTC$ no cthw mattets in cxJnrcaion the examination to vthich attention should be drawn in this report in order to enable a proper undwstanding of the acEounts to be reathed. Hdena W¢lklnson FGI DChA PRICE BAILEY LLP Q*8rtere<l A0tsnts Anglia House 6 centr Avenue st Andrèws Busin Park Thorpe St Andrew Norwith NR7 OHR Dats.. 13 October 2021
DAUGHTERS OF DMNE CHARITY. CHESTERFIELD STAT&IENT OF F114ANCIAL ACTIVIW FOR YEAR ENDED 31 DECEIIBER 2020 Unrestrtctod Unrnstricted Fund$ Funds 31 Do¢ 2020 31 D•¢ 2019 INCOME Donations and legaaes Income from charitatle acbvrbes Investment Irts)me 88.179 189.291 194 7.796 194.054 2.706 TOTAL INCOME 277,864 204.556 Expendiwre on chariF adiwlRs 291.848 428,234 TOTAL EXPENDuRE 291.848 428,234 Net expendithre for the year b•lng not M0ment in fund8 {14.184) (223.6781 Reeoneillatson of fvn(ts.. Totsl funds broughiforward 924.379 1.148.057 Total funds cathed forward 910.195 ¥24,379 All amounts retale to tinUing atwties of the tharity. The Statèment ol Financial Acbiubes indudes all gains and losses reccgni8ed in the year. The notes on pagès 10 10 16 fomi part ofthese statem.
DAUGHTERS OF DMNE cHARY, CHESTERFIELD BALANCE SHEET AS AT 31ST DECE118ER 2020 2020 2019 FIXED ASSETS T8ngit40 Fixed Assats 633.074 645,823 CURRENT ASS8 Debtors & Prepaents Cash at Bank & in Hand 6,1SI 286.32¥ 292.495 8.181 276,635 284,816 CREDoR8. AMOUNTS FALLING DUE HIN ONEYEAR 10 374 NET CURRENT ASSETS 277,121 278.556 TOTAL NET ASSErs 910.195 924,379 FUNDS Unrestricted Funds.. G¢ner 91Q.195 924.379 910.195 924,379 The financta slatements pages 8 to 16 were ¥prod bythe Tntstees authorisad ftr on 01 October 2021 and are signed on their behalf by: Trustse Sr. K M Prenlice Sr. D J Ridler The notes pages 10 to 16 femi part of thase firkan1? statèmènt
DAUGHTERS OF DMNE CHARrrY, CHESTERFIELD NOTES TO THE FINM¢L STATEMEp¥fs FOR THE YEAR EM)ED 31 DECEMBER 2020 I ACCOUNTING POUCIES The wncipal jUrJng Fdiaes adopted. JUdgnts and key ofestimation uncertairty in the preparation ofthe financia slatem&)ts are as fdJ(sVts'. 1.1 BASIS OF ACCOUNTING The financia] Statts have been prepared tn arxtthce th AKrunting and Reporting by Charities.. Statement of Recommended Pwlio aF1¢ae to tharibos tryaring their accounts in acLordance with the Finana4 Repong Stsndard applicabJ6 in tho UK and Republic of Ireland (FRS 1021 leffecbve 1 January 2019)- {Charibes SORP IFRS 10211, the Financid ReporThJ Standard app]icable in the UK Republic of Irdand IFRS 1021 and the Chariknes Act 2011. The finanaal ststements have been prepared to give us a 7rue and fatff Maw and hav8 d&parted from th Charities (Auxunts and Repts) RegationS 2008 to the extent required to provide a'true and frdir ¥1. Thi8 departure has involved fdlcfftmng At))JJnbng and Reporting by Charibe5 prepariThJ iheir aoUnts in a¢c4)rdanc¢ with the Finants Rerrtwb"ng StarKl8r(l applicable n the UK arHJ ReputrAi¢ of Ireland IFRS 1021 iSsLd on 16 Juty 2014 rathèr than AxIn1]ng and Rep)tting by Charitles.. Statement of Rec4)mmended Pradic£ effectNe from 2005 vthich since withdrawn. Daughters of DIne Charity. Chesterfield meets the definilion of a PLknltc benefft antity under FRS 102. Assets and liabilities are inib'alty recoJnised at his1]Cal st or transaL*on value unless otherwsa stated in the relevant aoxunting polsry note(s). The tharty, being Sm1 in sEe. has used the exemption wowéed by Charitses SORP IFRS 1021 under which it 18 not required to indude a cashftow statenknt as part of U)e finanoaf statements. The acCnts are ppare<l In Fthmds sterliig and rUUnd to the nearest pnd. 12 GOING CONCERN The trustees ccmiderthat there are no rrAterial unCaInlieS about the charit¢$ ability to contlnue as a wng nce. Wth Tegard to the folkmng year. the most sgniffcant areas of uncertalnty ofthe arity are the Ve1 of donati inc4)rne and numbers of PUFrfls to the sthod vknich is needed to
)veT the cost ofthe tharity. At 31 0ecemlx2020 net CLwrent a53ets anKJunbJ to £277.121. Tha Tru5t8es have wwderwj the period 0112 monlts from the balance sheet date and have eonduded that thè tsjmpany will ractnts suffic>ènt funds to the foreseeable fiJture. Bas&J on the atove the TTUSteeg c4)nskler to prepare the flnandal stments on the golng concwn b8. 1.3 FUND AccoupillNG Unrestrtcted funds are avaiJat4e to Sper on *p4ibes thatfijrther ofth• purFrt)ses of tharity.
DAUGHTERS OF DIVINE CHARrrY, CHESTERFIELD NOTES TO THE FINANCIAL STATEIIEKfs FOR THE YEAR ENDED 31 DECEMBER 2020 q. ACCOUNTING POUCIES (eontlnuèd) IA INCOME Income is recognised vthen thè dwity has enUYÈmentlo the fvn¢J4 any perf(¥mance condibons attached to ts itemlsl of in¢ome have been it 1$ pr¢babJe that the incumg will Nursery fees receble are accounted for in the perhjd in 1c Ihe relt sentices are provided and are stated nel of any bur3aries and amcftwances. Donab"ons. grants and grts are recognised when reCVab. In the event that a donabon is subjeca to fulfilling perfornWn conditions before the tharity is entrtled to the fvnds, the income deferr&J and not recognised until it is wobable that those ccThJtttcffls te fijlfilkd in the reporng period. Inte5t on deposit fvnds hdd i8 indLKled when receivable and Ihe arnnt can be measured relkibly by the chariiy vthi¢h normalty upon notsfi¢8tion of Ihè inlerost pid or pay8trAe by the bank. Ineome tax recoverable in relati to irwestmant incomts is rewrtTs&d atthe timè thè investment InMe is reLaivable 1.6 DIRECT AND OVERHEAD EXPENDITURE Dlrec chaTitatle exwditiwe ¢)Jn&sts ofdl ewditure dire rdating to the objects ofthe Charity. Certain nts31 cA)sts ]ch cannot tse directty apportioned are allocated betrn direct charitabbe expenditure and governan cosls the basis of the Trustees, estimate of the time spent on the relevant fvnctions. Supplies of games equipmenL trx4(s. stationery and ndry materials are written off to the Statement of Finan¢ia] ActsleS as as the eXdIture is [rTreI. Grants are rnade al the dIs(Xeti( ot the Twstees. G0veM{ (Jmprise thè (Jsts of njnnthg the dwity Indudlrvj audiL any legal or profe88ional ad1 aNI all costs of comp.ng nSblu0naj and statutory reqUI}ents suth as the cost of preparing statutory accounts. IrreoJvere VAT is indLKled with the category of exEense to it rdates. 1.6 FINANCIAL INSTRUMEp¥rs The tharity (ty has financAal assets and liab1TeS of a knnd that qualfy as ba&cfinanual InStruEntS. Basic ffnancaal Instruments are initialty recognk8ed at 1[aOn Yalue and sub8equenYy meaSUTed at thwr sduement Ydlue. The financia assets ofthe tharrty indude at bank and the scool fees debtors. Prepayments are not i*nsidered a fiftan(ial asset. The fin8nci81 IKgbilltie$ of the tharity indude accruals and ots cre(frtor 10
DAUGHTERS OF DMNE CHARITY. CHESTERFIELD NOTES TO TrfE FINhNCIALSTATEMEIWS FOR THEYEhR ENDED 31 DECFJIBER 2020 1. ACCOUNTING POUCIES (continued) 1.7 FIXED ASSErs The freehold land and buildings remain in uv)stant use In fvrtheran of the Congregations's charrtable ot¥'ectNes and are property mati)tained to andards that enae the Trt to ctsndude thatthe residual value of the propety exceeds the value. Tangible Fed assets are stated at o)st ValuatiOn kn deprecYatiC. DepreaatKJn is provided at rates caklated to write off the ¢Tht assets. less their estimated redUal value, over their expecae(l ernrIo1C usefvl on the foNcwing basis.. Land Bulldirrfjs Fumiture & Frtbngs OlVehIdeS NN 2% straKJht line 10% reduang balan 25% reducing balan Assets dmated for use bythe tharity are recc¥aniJ as intsyne kn r&elvable and prtalIs * thr markèt vduè. hems costing than £250 are*Y1lt off as an &XFer¢é as a4uIr. 1.8 DEBTORS Debtors are renised atthe settlement arThnI due after any trade discount offered. Prepayments aTe va]ued at the amount prepad net of any trade discKJunts due. 1.9 CASH AT BANK AND IN HAND Cash at bank and cash in hand indudes cash and short tem) highfy fiquid InvestsY with short maturity of three months or less fr(#n date ofacquisibon or opening oftha deF>)sit LY similar account 1.10 CREDITORS Credrtors are recognised where the tharity has a present otligation resulting from a past event that will probabiy result in the transfer of fvnds to a third party and the amount due to settle the obligation can be asured or estirnated rdialAy. Creditorn are ThThally reo)3nised atthr sethemenl amount after allwng for any th8(nts due. 1.11 PENSIONS Emptoyees ofthe tharity are entiued tojoin a defined contribjbon'money purchase. stheme. The ¢harty CorIbU"an is rèstrided to thè &In"but10nX dtsdcJ#Éd in nolè 14. Thè casts Of thè dèfinèd eontribLttion sd)eme are induded the assotiattsj staff c¢)sts and allocatad thereforè to raising funds, charitable support gOn3 costs and Cr9ed to the unresthded funds ofthe tharity. 11
DAUGHTERS OF DIVINE CHARITY. CHESTERFIELD NOTES TO TrIE ANANCIALSTATEMEKfs THE YEAR ENDED 31 DECEUEER 2020 2 INCOME FROM t)ONAnoNS AND LEGACIES 2020 2019 Donat)nS Legacy donat&J by th6 Sisters Sal8ri¥ penslons don8d byth8 SIS 1.163 79.216 1,0 6.7 88.179 3 INCOME FROM CHARrrABLE ACTivrnES 2020 2019 Nurnery fees receiwat4e 189291 194.054 4 INVESTMENT INCOME 2020 2019 Bank intere 194 2.7C 5 ANALYSIS OF EXPENDMIRE ON CHARifABLE ACTMTIES 2020 Expgndliwe Staff Costs 2020 t)epreciation Totsl Charttabje Nzllv]tles Dire¢ Running Ccéts Premises and EquiWnrt Support Costs 138.867 38.484 8,624 13.&)7 60.395 1TI,331 20,913 12289 138.867 12.749 212,011 prnwn 8nd Communibas Mi88K)ns and Charit8bie GT8nts 7,LM18 72,829 72,829 138.867 140.232 12 749 291848 Stsff Cos 2019 Other Depradatton Totat 2019 Expenditure CharitableAcliwtie5 School DireLt Runntng Cc6ts Prernises and Equipment Support Co8ts 131.571 40.486 7.185 12,726 60,397 172,057 19,503 12.318 614 12,932 204,900 131.571 Province and C(mmLMeS Missions and Charitable Grants 213. 213.850 131.571 283.731 12 932 428 234 12
DAUGHTERS OF DMNE CHARITY, CHESTERFIELD NOTES TO THE FINaP4¢STAyEUE1rS FOR ThE YEAR ENDED 31 DECEMBER 2020 S ANALYSIS OF EXPENDrruRE ON CHARrrA8LE AcmvmES IntInU•d) J20 2019 Support Clts ojnwse.. Printing, Postage & Statiwy Telephone Motor & Travd Bank Charges Depreoation Bad Debts Professional Fee Indepent examinabon fee 39 1.050 8.209 245 8.887 272 614 1,109 830 2,934 13,767 1,490 13,340 2020 2019 Missions and Charitable Grants (mK¥i8e.' Grant to the Daughters of Diwne Charrty. Romè Grant to the D8ughters of DiTr&ine Charity, Uganda Grant to the Daughte[5 of Divine Charity. Poland DOn"On to Swatham Communty Sundry Grants 1,000 250 1.300 210.000 1.300 213,850 959 71.500 370 72.829 6 ANALYSIS OF STAFF COSTS AND I(EY PAAMAGEmE1 PERSONNEL 2020 2019 Wages and sal8rles Soaal security costs pensi cosls 136.019 128,409 1,790 1,372 131,571 138.867 The averag¢ number of employees in the yearwas: - Sthool teathers - Other 12 12 14 14 No ernploy recdved ernee tenefits exdJdirNJ slo wrdrityjtiong olpr £60,lo{2019. £NIl). The Charity ConderS that the W MagaIrt personnel o)mprise the trustees and the sen5Cf managwnent tea The totsl emkloyee befits ofthe key mement personnel ofthe chaiity were £25.204 (2019: £23.4831. As members of the Congregation, the four Twstees. liwng ey4>enses during thè yè8r. 8mounling to £5.221 (2019: four trustees totallirrfJ £5.788) were tr*)me by the charrty. The Trust recerved no remuneration or other benefrts or reimbursement ofexpenses in ne[On their duties a5 T during the year12019= £NiD. 13
DAUGHTERS OF DMNE CHARITY, CHESTERFIELD NOTES TO THE FINANCIAL STATEMEKf8 FOR THE YEAR ENDED 31 DECEMBER 2020 7 NET EXPENtfftlRE 2020 2019 Net expendrtLtye ts stated 8fter ching.. DepYea8tion Independent examiner3 fees 12.749 1,750 12.932 1.490 8 TANGIBLE FLXED ASSETS Fre8hold Furni Land and and Motor Buiklings Equipment Vehlc166 Total At Start and end of yoar 901.585 785 970 158 Depreclatlon At start of year Charge for the y 260,175 12,032 $2212 257 11.948 324,335 12.749 At end of Jar 271207 51469 11408 337.084 Net book value at the end of the 629.378 1316 633,074 Net book walue at Ihe start of the y 641.410 2,573 645,823 The cost of depreuable assets in¢*Jed in freehold land and I1&IngS at 31 Drnber 2020 18 £601.58512019- £601.585). 9 DEBTORS X120 2019 School Fees Prepayrrwts 1.032 5.135 2.033 6.148 6.167 8.181 14
DAUGHTERS OF DMNE CHARrrY. CHESTERFIELD NOTES TO THE FINANCIALSYAIEMENTS FOR THEYEPJI ENDED 31 DECEMBER 2020 10 cREDoR8. AMOUNTS FAWNG DUE WITHIN ONE YEAR 2020 2019 Accruals Other creditor5 Pension COntriktic Taxation and ¥al security 4,910 58 248 1.044 8.932 419 1,019 15,374 6.260 11 RELATED PAm TRANSAcnoNS During the year the tharity made a dC3110n of £71.5(12019.. £210.000) to Daughters of l)Nine Charity Shwdffftam. Daughters of Dimne Swaffiwn and Daughters of Dmne Chesterfietd are re(ated parties as tL>Jelher. they (nstitUts the English PmMnc8. Tha Eryllsh provir is administered by the Provinaal Superior togelherwth a Counal n$th"ng of 3 rx)unc#llors. These financial statements are also consolidated irrto the finanual stslements of Daughters of Divine Charity Swaffftam as this thwrty eortrot3 D3ughter8 of tivine Charity CFwterfield. 12 PENSIONS The tharity operates a defined cc*rtritMrtion perts]c stheme. The totat penon cost in the yearwas £1.592 (2019.. £13721. Tho amourt due to the scheme at the year end was £41912019.. £248> 15