Southwark Report 2020_NEW final -Single pages
The Archdiocese of Southwark is pleased to publish an updated version of the Annual Report and Accounts for 2020. This version was revised after correcting a technical error and was re-submitted to the Charity Commission in December 2022.
The Archdiocese of Southwark is pleased to publish an updated version of the Annual Report and Accounts for 2020. This version was revised after correcting a technical error and was re-submitted to the Charity Commission in December 2022.
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ANNUAL<br />
ACCOUNTS<br />
Notes<br />
Archdiocesan Funds<br />
Unrestricted Restricted Parish <strong>2020</strong> 2019<br />
Funds Funds Funds Total Total<br />
£ £ £ £ £<br />
3,987,360) (3,541,309) 4,807,613 (2,721,056) 116,176<br />
--------------------- ------------------- --------------------- --------------------- ---------------------<br />
Net gains/(losses) on investments 2,762,340 1,035,643 411,087 4,209,070 2,921,025<br />
Net gains on investment properties 373,216 - 9,729,588 10,102,804 321,913<br />
--------------------- ------------------- -------------------- -------------------- --------------------<br />
NET (EXPENDITURE)/INCOME (851,804) (2,505,666) 14,948,288 11,590,818 3,359,114<br />
Transfers 7 2,586,952 - (2,586,952) - -<br />
---------------------- ---------------------- ------------------------- --------------------- ---------------------<br />
NET MOVEMENT IN FUNDS 1,735,148 (2,505,666) 12,361,336 11,590,818 3,359,114<br />
RECONCILIATION OF FUNDS<br />
Funds brought forward 5,898,188 13,850,499 69,378,098 89,126,785 85,767,671<br />
----------------------- ----------------------- ----------------------- ------------------------- -------------------------<br />
FUNDS CARRIED FORWARD £7,633,336 £11,344,833 £81,739,434 £100,717,603 £89,126,785<br />
=========== =========== =========== ============ ============<br />
The notes form part of these accounts.<br />
The Statement of Financial Activities includes all gains and losses recognised in the year.<br />
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