ANNUAL REPORT FINAL 10 Nov 21

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Report of the TrusteesThe Trustees present their Report & Accounts for the year ended 31 December 2020. The Statements appearin the format required by the Statement of Recommended Practice for Accounting and Reporting by Charitiespreparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ofIreland (FRS102) - Charities SORP FRS 102.Structure, Governance and ManagementThe Roman Catholic Archdiocese of Southwark Charitable Incorporated Organisation (CIO) was established bya constitution dated 16 May 2017. On 6 October 2017, the assets and liabilities of Roman Catholic Diocese ofSouthwark Diocesan Trust registered Charity number 235468 were transferred into the CIO.The CIO is governed by the Board of Trustees and its two sub-committees: The Finance Audit and Risk Committeeand the Property, Health and Safety Committee. The third sub-committee deals with safeguarding matters. TheBoard of Trustees has seven members. The Archbishop is empowered to appoint and remove all Trustees. Theclerical Trustees are appointed for their expertise in parochial, spiritual, and pastoral matters. The lay Trustees areappointed for their expertise in a number of different areas. The Board of Trustees is responsible for formulatingstrategies and policies of the CIO. New Trustees are provided with terms of reference and an induction pack ofinformation relating to the constitution, governance, and operation of the Trust. Trustees are expected to visitall central departments as well as being familiar with the work of parishes. The Trustees are normally updatedregularly through training sessions and courses both internally and externally, updating their expertise in theirown particular field and their responsibilities as Trustees. The Board of Trustees meets at least six times per year:in 2020 there were 11 meetings.The management of the CIO’s investments is delegated to the Investment Committee which is responsible forestablishing a detailed investment policy with regard to the CIO’s overall strategy and risk tolerance parameters.It is comprised of a chair who is nominated by the Trustees, one Trustee, the Chief Operating Officer, the FinanceDirector, and a senior member of the clergy.The Archdiocesan Finance Committee was chaired by the Moderator of the Curia and met once per month. Inaddition to the Chairman, there were two Trustees, namely an Area Bishop and the Vicar General and Chancellorof the Archdiocese, two officers of the CIO, namely the Chief Operating Officer and Financial Controller, plus twolay members and two clergy members.At the end of 2020 the Trustees approved the constitution of two Trustee board sub-committees to perform thefunctions of the previous Finance Committee:1. The Finance Audit and Risk Committee meets once per month and is chaired by the Moderator of the Curia.Other members are an Area Bishop, the Chief Operating Officer, Finance Director, Financial Controller, one laytrustee and two other lay members.2. The Property, Health and Safety Committee meets six times a year and is chaired by the Moderator of theCuria. Other members are the Vicar General and Chancellor of the Archdiocese, the Chief Operating Officer,Finance Director, Head of Property, Head of Health and Safety, two parish priests and one other lay member.The Trustees share the view that the Charity and the local Church, the latter being called ‘the Diocese’, are twodistinct entities. They are bound together by the will of the Archbishop of Southwark, who must intend throughouthis period of office to govern the Charity, in conjunction with the other Trustees, in support of the Archdiocese,as this is understood in Catholic theology and Canon Law and in accordance with Charity law. The Archbishop issupported in his role by three senior members of the clergy who each have responsibility for one of three pastoralareas: South West London, South East London and Kent. They are each charged with establishing and maintainingand developing or furthering the educational and worship functions of the Church, within his pastoral area.The Archdiocese owns those lands, buildings, and other forms of property, which it is necessary for the Church tohave and to use, to fulfil the mission of the Church within the area covered by the Archdiocese of Southwark. TheArchdiocese consists of 176 parishes.30
ANNUALACCOUNTSThe Archbishop also appoints the clerical trustees (one auxiliary bishop and two Vicars General) and his PrivateSecretary as members of the Archbishop’s Council. The Archbishop’s Council also includes the Episcopal Vicarfor Kent, the Judicial Vicar and the Chief Operating Officer and deals with local administrative, pastoral, anddisciplinary matters. Issues are referred to the full Trustee board if necessary. The Archbishop’s Council meetsapproximately every two weeks. In 2020 there were 26 meetings of the Archbishop’s Council.The Archdiocese does not control, nor own, property owned by the many religious orders of the Church whichhave convents, abbeys, friaries, shrines, care homes, chapels, schools, retreat houses, and other property in ourgeographic area. There is, therefore, a considerable commitment of resources, financial, material and human,from members of the Church within our Archdiocese, which is not reported here.Achievements and PerformanceParish income fell markedly as a consequence of the restrictions imposed due to Covid-19. Nevertheless, manyparishes found innovative ways to meet the challenges posed, by installing cashless giving machines, enablingonline giving and encouraging donations via standing order.The new Finance System, Accounts IQ, has now been rolled out to all parishes. This replaces the previous multipledifferent systems in use and enables parishes to more accurately account for their income and expenditure inparticular through the innovative cash collection module. Accounts IQ will greatly improve financial managementacross the Archdiocese and will lead to more efficient and better use of resources through more accurate andtimely financial reporting and improved procurement.Key management personnelThe Trustees consider that the Trustees and the Senior Management Team consisting of the Chief Operating Officer,Director of Education, Archdiocesan Property Manager and Finance Director comprise the key managementpersonnel of the Charity in charge of directing, controlling, running, and operating the Charity on a day-to-daybasis. The pay of the senior staff is reviewed annually and normally increased in accordance with earnings insimilar organisations in the sector to reflect a cost of living adjustment. All Trustees give of their time freely and noTrustee received remuneration in the year. Details of Trustees expenses are disclosed in Note 15 of the accounts.Use of volunteersThose who are termed volunteers in other charities are in our Archdiocese the “lay faithful”, members of theworshipping community, which is the parish. Many parishioners help in all aspects of parish life and they are vitalin our parishes, which would not be able to operate without their assistance. Many parishioners are members oforganisations in the parish that provide support to those in need. The Trustees would like to express their sincerethanks to all parishioners for all the work they do in helping to build and maintain the parish community.Key Plans for the futureWe will:• Launch a new, transactional Website that will both promote the Good News and provide richinformation regarding the Archdiocese.• Initiate a Caritas network, building upon the good works already being carried out in manyareas across the Archdiocese.• Continue to develop new delivery models plans for our Agencies and central services, to ensurethat they assist the Mission in the most appropriate way, serving the grassroots of the Church.• Continue to implement changes in Safeguarding, particularly around improved training andimplementing the new national arrangements.• Implement our fundraising strategy, including the launch of an Archbishop’s Appeal, whilebuilding upon the digital delivery successes of 2020.• Implement the Curial Archdiocesan property strategy including to continue with the disposal ofsurplus properties and to embed new Health & Safety arrangements.• Phased implementation of the Education Strategy• Continue to build on and strengthen financial management and governance across theorganisation.• Continue to develop and refine the Archdiocesan risk management policy and procedures andcontinue to embed our approach in this vital area31
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Page 3 and 4: ANNUALREPORTRoman CatholicArchdioce
Page 5 and 6: IMPACTREPORTAbout the Archdiocese o
Page 7 and 8: IMPACTREPORTthe centuries, the Chur
Page 9 and 10: IMPACTREPORTThe Archdiocese of Sout
Page 11 and 12: IMPACTREPORTClergy Reflections on 2
Page 13 and 14: IMPACTREPORTREFLECTION ON MINISTRYT
Page 15 and 16: IMPACTREPORTCentre hosted an event
Page 17 and 18: IMPACTREPORT“A family that discov
Page 19 and 20: IMPACTREPORTNational Standards in S
Page 21 and 22: IMPACTREPORTTHE SOUTHWARK BLESSINGO
Page 23 and 24: IMPACTREPORTFundraisingThe Fundrais
Page 25 and 26: IMPACTREPORTFr JohnHowardFr Dermott
Page 27 and 28: ANNUALACCOUNTS
Page 29 and 30: ANNUALACCOUNTSReserves£80,957,042P
Page 31: ANNUALACCOUNTSCuria income and expe
Page 35 and 36: ANNUALACCOUNTSFINANCIAL REVIEW OF T
Page 37 and 38: ANNUALACCOUNTSIndependent Auditors
Page 39 and 40: ANNUALACCOUNTSA further description
Page 41 and 42: ANNUALACCOUNTSNotesArchdiocesan Fun
Page 43 and 44: ANNUALACCOUNTSCash Flow StatementFO
Page 45 and 46: ANNUALACCOUNTSNOTES TO THE ACCOUNTS
Page 63: In loving memory21st October 1943 -

ANNUAL REPORT FINAL 10 Nov 21

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