Financial Review 2008/09
There was an operating surplus of £11,689 for the year.
The amount of income increased by £201,239 for the year totalling £4,368,626 compared to 14,167,387 for 2008. The expenditure for 2009 was £4,356,937, (2008 -£4,106,083) resulting in an increase of £250,854 spread across all areas of activities.
Most of the fundraising activity resolves around the Parish Annual Appeal and the Good Shepherd Appeal in schools during Lent. We continue to receive generous support from Parishes £18,696, (2008: £19,638) and from Schools £56,886, (2008: £57,949).
The value of investments fell due to the effect of the economic downturn on financial markets resulting in an overall reduction in reserves.
Summarised Financial Information
| 2009 | 2008 | |
| Incoming resources | 4,368,626 | 4,167,387 | |
| Resources expanded | -4,356,937 | -4,106,083 | |
| Net incoming resources | 11,689 | 61,304 | |
| Losses on investments | -484,219 | -62,418 | |
| Net movement in funds | -472,530 | -1,114 |
Analysis of Income for the Year
Learning Disability Services
£1,738,519
Mental Health Service
£394,355
Schools Service
£228,160
Residential Children's Service
£1,448,201
Adoption Service
£117,506
Donations, Investments and Other
£441,885
Funds at the Year End
Restricted Funds
£54,103
Unrestricted Funds - Designated Funds
£3,390,218
Unrestricted Funds - General Funds
£1,578,942
The information above is extracted from the Financial Statements for the year Ended 31 March 2009 which have been agreed with the auditor Grant Thornton and approved by the Board of Trustees on 24 June 2009.
A copy of the Full Financial Statements and Auditor's Report is available upon request from the charity's registered office.
Catholic Care acts to support those in need of its services, especiallly the weak and the vunerable and it acts as an advocate for those unable to represent themselves
The primary purpose of the agency is to foster and influence a vision of how people can live together in Christian charity, love and justice, by taking the "Caring Church into the Community
