Consolidated statement of financial activities

– Year to 31 December 2020

Income:

Donations and legacies . Grants receivable . Growing in Faith . Other donations and legacies Assessments Other trading activities . Commercial trading operations Investment income and interest receivable Charitable activities . Rental income from functional properties . Parish and similar activities . Coronavirus Job Retention Scheme funding . Grants receivable Other income . Net gains on disposal of tangible fixed assets

Total income

Expenditure:

Cost of raising funds . Fundraising trading: cost of goods sold and other costs 3

Charitable activities . Advancement of the Catholic faith primarily in the Diocese of Westminster

Total expenditure

Net (expenditure) income before transfers and investment gains

Transfers between funds . Growing in Faith . Assessments . Other Notes Curial funds Unrestricted funds £’000 Restricted funds £’000 Total funds £’000 Parochial funds Restricted funds £’000

Total 2020 £’000

Total 2019 £’000

1 1 1 2

– 165 165 – 165 112 – 70 70 – 70 863 626 1,906 2,532 23,589 26,121 31,148 126 – 126 – 126 146

3

92 – 92 71 163 775 4 1,108 249 1,357 2,601 3,958 4,786

5

422 – 422 836 1,258 2,012 5 1,204 554 1,758 3,258 5,016 10,240 5 434 202 636 1,427 2,063 –

5 – 13,715 13,715 – 13,715 –

408 971 1,379 3 1,382 1 4,420 17,832 22,252 31,785 54,037 50,083

60 – 60 208 268 466

6 10,910 13,204 24,114 25,704 49,818 43,899 10,970 13,204 24,174 25,912 50,086 44,365

7 (6,550) 4,628 (1,922) 5,873 3,951 5,718

– (504) (504) 504 – –2 6,747 – 6,747 (6,747) – –742 (882) (140) 140 – –7,489 (1,386) 6,103 (6,103) – –

Net income (expenditure) before investment gains

Net gains on investments

Net income for the year

Actuarial (losses) gains

Net movement in funds

Reconciliation of funds

Total funds brought forward at 1 January Total funds carried forward at 31 December 12

939 3,242 4,181 (230) 3,951 5,718 792 2,579 3,371 5,190 8,561 12,124 1,731 5,821 7,552 4,960 12,512 17,842 8 (679) – (679) – (679) 590 1,052 5,821 6,873 4,960 11,833 18,432

39,903 48,128 88,031 211,149 299,180 280,748 40,955 53,949 94,904 216,109 311,013 299,180

All of the Group’s activities derived from continuing operations during the above two financial periods. A full comparative consolidated statement of financial activities may be found on page 81.