Annual Report - Jesuits in Britain
Transcription
Annual Report - Jesuits in Britain
Annual Report 2011 - 2012 Jesuits in Britain Contents Letter from the Provincial 3 Introduction to the Jesuits 4 Our work in Britain - review of 2011-12 8 Strategic objectives for the coming year 24 Finance & administration 26 Provincial Office 114 Mount Street London W1K 3AH 020 7499 0285 Registered charity nos England & Wales 230165 w Scotland 040490 Cover image newly restored: St Peter’s Church, Stonyhurst 2 Annual Report 2011-12 Letter from the Provincial Reflections on 2012 It is a pleasure for me to introduce the annual report for the year 2011-12, my first year as British Provincial. It has been a colourful and engaging time and has allowed me the unique privilege of seeing the sweep of our ministry and work over the year. Although there are areas of shadow, the underlying impression that I carry into the new year is one of consolation. In recent decades human understanding and science have helped us to see the marvellous interconnectedness of God’s creation. We have become more aware to the sensitive and crucial eco-systems of life and the universe. Whereas previously our eyes might have encountered dullness and simplicity in such a thing as a pond or a stone or a grain of wheat, now we cannot be so glib: all things we know are just fragments of a delicate web of being, where all parts tie in with, and are dependent on, other seemingly unrelated fragments. In the words of the English Jesuit poet, Gerard Manley Hopkins, in the world charged with the grandeur of God, “there lives the dearest freshness deep down things” This annual report can be viewed in two ways: on one level it is a mundane series of columns and figures, short reports and photographs. On another level, however, it points to the existence of a complex eco-system of gift & generosity, challenge & experiment, adventure & failure, growth & death, and joy & sorrow woven together by the connectedness of the Society of Jesus. Along with our friends, with our co-workers, benefactors and fellowtravellers we have attempted to respond imaginatively to the promptings of God through 400 years of shared history and enterprise in Britain and abroad. “Ours is the red… but God’s is the green.” Our dependence on the Providence of God is total and all of our of work and best efforts are conditional on the continuing graces of the Creator and that is a humbling observation. In a single phrase, looking-out over the fertile terra rossa clay-soil of ancient Israel, the rabbi shrewdly encapsulated our lot : “Ours is the red… but God’s is the green.” Rev Dermot Preston SJ 3 Jesuits in Britain Introduction to the Jesuits The Jesuits are an international religious order of men (The Society of Jesus) within the Catholic Church. The Order was founded in 1540 by St Ignatius of Loyola and his nine companions.Today it numbers 18,000 men present in over 100 countries. Our Mission today is The Service of Faith and the Promotion of Justice. Our aims are: To strengthen faith life in the Roman Catholic tradition To advance social justice To nurture the life and work of Jesuits at home and abroad. We do this through: Operation of schools and colleges of higher education Service of parishes Operation of centres, programmes and publications for spiritual education Provision of university chaplaincy services Operation of British branches of Jesuit Refugee Service and Jesuit Missions Service to marginalized people with support of Jesuit volunteer networks Training Jesuits and Catholic clergy in Britain and other countries Provision of care to sick and retired Jesuits. In the British Province (England, Scotland and Wales) we have 181 men living in twenty communities. They work as parish priests, chaplains, teachers, academics, writers, doctors, spiritual directors and artists. We believe that our Catholic mission today includes all of the following dimensions (ref. SJ General Congregation 34): The service of faith The concern for and promotion of justice Evaluating and entry into cultures Dialogue with other religious traditions. www.jesuit.org.uk 4 Annual Report 2011-12 Our History in Britain The Jesuit Order (Society of Jesus) was founded seven years after Henry VIII’s break with Rome. Europe was in the throes of the Reformation. In the second half of the sixteenth century Englishmen wishing to become Catholic priests had to train abroad. The English seminary in Rome was given to the control of the Jesuits in 1579. In 1580 the first formal mission to England consisted of three men: Robert Parsons, Edmund Campion and Ralph Emerson. By the end of 1581, Campion had been executed and Parsons was back on the continent, never to return to England, though he continued to promote the English mission. The history of the Elizabethan Jesuits is the stuff of legends and hagiography: clandestine meetings, priest-holes, raids, escapes from the Tower of London, imprisonment, torture and martyrdom. Jesuits such as Robert Southwell and John Gerard, strengthened the resolve of Catholics in England through the Spiritual Exercises of St Ignatius. England was established as a Jesuit Province in 1623. The first half of the seventeenth century was a period of excellence for the province. Its institutions were strong; its theologians more than competent; its numbers expanding; its first mission to Maryland was established in 1633. In 1640 there were 350 members of the province, nearly two hundred of whom worked in England and Wales. The Stuart dynasty’s sympathy with Catholicism was a cause for optimism which fluctuated during the English Civil War and the Popish Plot (1678) and finally died with the Glorious Revolution and deposition of James II in 1688. By 1700 the province was weaker, poor, disheartened, and tied to the fading dreams of the Jacobite (Catholic Stuart) cause. In the eighteenth century the Society was on the defensive worldwide. Old foes such as Gallicans and Jansenists received aid from Enlightenment thinkers and centralising secular monarchs in their battle with Jesuits. Defeat of Jacobite rebellions in 1715 and 1745 prompted new demands for an oath of allegiance from Catholics in England, an oath refused by Jesuits because of its denial of papal deposing power. Many Catholics conformed or pronounced the oath. Despite the storm clouds, the English Province was strong: in 1768 there were approximately 300 Jesuits, 26 of whom worked in Maryland and 136 in England. The Jesuits’ situation in England after Pope Clement XIV’s brief of 1773 suppressing the order was anomalous. The order did not exist officially in England so it could not be suppressed by the secular government. Ironically relations between secular clergy and Jesuits were extremely friendly at the time. In 1803 Pope Pius VII restored the English Province and 35 exJesuits renewed their vows at Stonyhurst. Despite some opposition from the English Vicars Apostolic and the insertion of a clause in the Act of Catholic Emancipation (1829) that forbade Jesuits and other religious orders from accepting novices in hope of their eventual extinction, the province thrived in the nineteenth century. Between 1842 and 1905 eight colleges were opened in Britain and four were founded by British Jesuits in overseas territories. For the first sixty years of the twentieth century, education remained the principal apostolate of the Jesuits in Britain. Over the last thirty years, the apostolic focus of the province has changed, the biggest change being a reduction in the number of Jesuits teaching in secondary schools. Whilst Jesuits remain active in contemporary theological work, in spirituality, scripture and the social apostolate, new initiatives are also being taken for example in on-line ministry and university chaplaincy work. 5 Jesuits in Britain Our People There are 181 Jesuits in Britain as follows: Priests Brothers Scholastics * Total 152 14 15 181 (189 2011) *Scholastics are Jesuits in training as priests There are 20 Jesuit communities in Britain Birmingham Boscombe (Dorset) London (10) Manchester Oxford Preston Rainhill (Knowsley) Stonyhurst (Lancashire) St Asaph (Denbigh) Edinburgh Glasgow The British Province has two dependent regions: Guyana and South Africa. 18 Jesuits work in two communities in the South Africa Region. Their Superior is Fr David Smolira SJ, 15 Molesey Avenue, Auckland Park, Johannesburg, 2092 South Africa. 21 Jesuits work in three communities in the Guyana Region. Their Superior is Fr Paul Martin SJ, Arrupe House, 293 Oronoque Street, PO Box 10720, Georgetown, Guyana, South America. Employees The Jesuits in Britain employ over 500 lay people (full time equivalents). This does not include staff at the schools/colleges which are independent trusts. 6 Provincial office 8 Media and publications 4 Jesuit Missions 6 JRS UK 4.5 Jesuit Volunteering 4.5 Spirituality staff at centres 19 Spirituality centres - domestic staff 23 Community houses - domestic staff 12 Schools – academic 252 Schools – domestic and technical staff 170 Total 503 Annual Report 2011-12 Trustees The following trustees were in office at 30 September 2011 and served throughout the year unless otherwise stated D Preston SJ (Chairman & Provincial) S Power SJ (Treasurer & Secretary) C Boles SJ M Bossy SJ K Fox SJ P Gallagher SJ P Hamill SJ (until 2nd June 2012) D Howard SJ M Kirwan SJ Principal address Provincial Office 114 Mount St London W1K 3AH Auditors Kingston Smith 60 Goswell Rd London EC1M 7AD Main Investment Managers AXA Framlington Investment Management 155 Bishopsgate London EC2M 3XJ Estate Managers Stanton Mortimer Limited 1a Meal Market Hexham Northumberland NE46 1NF Insurance Brokers DE Ford Poppleton Grange Low Poppleton Lane York YO26 6GZ Bankers HSBC Bank plc 69 Pall Mall London SW1Y 5EY Solicitors Pothecary Witham Weld 70 St George’s Square London SW1V 3RD Newton Investment Management Limited 71 Queen Victoria Street London EC4V 4DR 7 Jesuits in Britain Our work in Britain Review of 2011/12 Operation of schools and colleges of higher education The Jesuit Institute jesuitinstitute.org The Jesuit Institute is a collaborative endeavour of Jesuits and laypeople in the UK to provide inspiration, resources and training in Catholic social teaching, religious education, philosophy and leadership for schools. The Institute works with pupils, teachers, school leaders, parents and governors to achieve the aim of Jesuit education which is, in the words of St Ignatius, The eleven Jesuit schools of the British province work together better to understand, promote and live out the vision and spirit of St Ignatius Loyola. The Jesuit Institute shares resources and good practice from around the world and creates and commissions new resources for schools. Other schools, and especially schools in the Ignatian tradition, are warmly welcome to participate in the conferences and courses organised by the Jesuit Institute. “improvement in living and learning for the greater glory of God and the common good.” Jesuit education institutions managed as part of the Trust are: Campion Hall campion.ox.ac.uk Campion Hall is a permanent private hall of Oxford University. It is home to 25 men of whom 16 are Jesuits. In 2011-12 Campion Hall continued to promote its main objective to provide a platform for Jesuit scholarship in the University of Oxford, at the service of the international Order, having doctoral students from four continents. The college welcomes as students members of other religious congregations, as well as diocesan priests and seminarians. The 2012 Martin D’Arcy Memorial Lectures were delivered by Revd Dr (now Professor) Michael Barnes SJ, Revd Dr John McDade SJ, former Principal of Heythrop, and Revd Professor John Langan SJ of Georgetown University. 8 Annual Report 2011-12 Donhead, Wimbledon donhead.org.uk Donhead is an independent primary school for boys aged 3-11. The Academic Year 2011/12 saw the school expand to its target figure of 314 pupils. The spiritual exercise of Examen was introduced into the school curriculum from January 2012. This has proved both extremely beneficial and is appreciated by staff and pupils alike. The Handicapped Children’s Pilgrimage Trust Group travelled to Lourdes in Easter Week 2012. The parents continued their generous sponsorship of the school with various social events, raising sufficient funds for a new playground for the children. The new Berchmans Building Testimonial: My son is so happy at Donhead and seems to be settling in so well in Reception. The older boys are genuinely so lovely and have made him feel right at home … Mr McGrath and his team are clearly doing a great job with all the boys and I’m really happy to leave my son in the mornings in such a caring environment. St John’s Beaumont, Windsor stjohnsbeaumont.org.uk St John’s is a boarding and day preparatory school for boys aged 3-13. The oldest purpose built preparatory school in the country, founded in 1888, it combines the rich tradition of Jesuit education with the very best that modern teaching techniques and technology can offer. Together with Microsoft, the school is working to build a state of the art educational programme that will support the teaching and learning of pupils. The ‘Magis’ programme at St John’s was inspired by the Jesuits’ use of the word as both a beacon and a challenge: What more can I do for God? What more can I do for others? Each week boys in the upper school receive a presentation by visiting speakers. Topics this year have included: Space exploration (NASA astronaut) Jesuit Missions; CAFOD; the Queen’s private chaplain, the British Army and weaponry, Archaeology, Chief Superintendent (Metropolitan Police), World War II spies, The Current Global Economic Crisis. 9 Jesuits in Britain The Trust owns two voluntary aided boys secondary schools. Revenue funding comes from the DCFS and the relevant local education authority. The Trust has supported their Governors’ funds. Their properties have been included in the accounts but the non-property assets, liabilities and transactions of the schools are not included. Wimbledon College wimbledoncollege.org.uk Wimbledon College is comprehensive school for 1300 boys aged 11-18. In 2012 the College academic performance at GCSE was 57% of students achieving 5A*-C including English and Mathematics. 77% achieved 5A*-C not including English and Mathematics. At A2 66% of students achieved A*-B and 99% achieved A*-E. The College offers the Arrupe Volunteering Award to encourage and celebrate students’ voluntary work. There are three levels of Award. Bronze (10 hours); Silver (50 hours) & Gold (100 hours). Volunteering is a way of fulfiling the idea of being “Men and Women for others” and “Agents of Change”. St. Ignatius College Enfield st-ignatius.enfield.sch.uk St Ignatius College is comprehensive school for 1200 boys aged 11-18. In 2012 the College’s academic performance at GCSE was 61% of students achieving 5A*-C including English and Mathematics. 75% achieved 5A*-C not including English and Mathematics. The Local Authority average is 56%. In the last three years alone the College’s GCSE results have risen 17.9%. At A2 42% of students achieved A*-B and 98% achieved A*-E. The College is committed to its links with St Ignatius Prep & Primary School, Dodoma, Tanzania. This link allows staff and students to go out to Tanzania to work with the students and community in Dodoma. The College’s work has been recognised and commended by the Tanzanian government. It is a life changing experience for all involved and goes to the heart of our mission to serve others. This ‘Global Schools Partnership’ is being supported by the British Council and the Department for International Development. The College looks forward to the challenge of building upon this success and nurturing a community that fosters an understanding of Faith and the value of Learning. 10 Annual Report 2011-12 The process begun in 2009 of creating independent trusts for our education ministry reached its final stage of this phase in 2011 with the establishment of the trust for St Aloysius College in Glasgow. The Jesuit-founded education institutions now managed by independent trusts are Heythrop College - University of London heythrop.ac.uk Heythrop was established in 1614 in Louvain by the Jesuits as a seminary for the study of philosophy and theology. Now located in Kensington Square, it has been part of the University of London since 1970. It retains a modern Catholic ethos, and offers an educational experience that respects all faiths and perspectives. As well as undergraduate and postgraduate degree programmes, it provides a resource for faith communities and others, especially through the work of the Centres and Institutes. College academic staff include 17 Jesuits, with particular strengths in Abrahamic religions, interfaith relations, ethics, philosophy of religion and psychology of religion. Heythrop is the lead college for the University of London International Programme’s Bachelor of Divinity degree and Diploma in Theology. St Aloysius College, Glasgow staloysius.org St Aloysius’ College is an independent day school for boys and girls, aged 3 to 18. 2011/12 produced an excellent set of examination results. The Higher pass rate was 96% and the A rate was 58%. At Advanced Higher the pass rate was 96% and the A rate was 49%. At Intermediate 2, the pass rate was 97% and the A rate 73%. This year saw the first St Aloysius Duke of Edinburgh Gold expedition with a trek through the volcanic landscape of Iceland. 11 Jesuits in Britain Stonyhurst College & St Mary’s Hall, Lancashire stonyhurst.ac.uk Stonyhurst College is an independent boarding and day school for boys and girls, aged 13 to 18. St Mary’s Hall is its prep school for pupils from 3-13. In 2012 the A level pass rate was 100% with 69% achieving A and B. At GCSE 43% achieved A or A*. This summer a group of students undertook a mission to the shanty towns of Pamplona Peru where they worked with the Fraternas sisters to help build a church with money raised by the school community. Mout St Mary’s College Barlborough Hall Mount St. Mary’s College & Barlborough Hall, Derbyshire msmcollege.co.uk Mount St Mary’s College is an independent boarding and day school for boys and girls, aged 11 to 18. Barlborough Hall is its prep school for pupils from 3-11. In 2012 A level A* - B grades are up on 2011 by 8%, with 54% gaining the top grades and 75% of pupils achieving A* - C, up 12% from 2011. Both are the highest results in five years. In GCSEs the school achieved an 80 per cent pass rate at A* to C grades, up by seven per cent from 2011. 12 Annual Report 2011-12 Service of Parishes During 2011/12 sixteen parishes were in the care of the Jesuits in Britain.They serve around 6500 people each week drawn from every section of the community. In eight of these, parish properties are owned by the Jesuits, but with the exception of St Wilfrid’s, Preston, parishes operate under the umbrella of the relevant diocesan trust and are therefore not included in the accounts. Full-time services at the following parishes: Corpus Christi, Boscombe Parish Priest: Fr Denis Blackledge SJ Immaculate Conception, Farm Street, Mayfair Parish Priest: Fr William Pearsall SJ St Anselm, Southall Parish Priest - Fr Gerard Mitchell SJ St Ignatius, Stamford Hill Parish Priest - Fr Peter Randall SJ Sacred Heart, Wimbledon Parish Priest - Fr Keith McMillan SJ Polish SJ Mission Parish Priest - Fr Laszek Golebiewski SJ St Wilfrid’s, Preston Parish Priest - Fr Joseph Duggan SJ St Francis Xavier, Liverpool Parish Priest - Fr Adrian Howell SJ St Peter’s, Stonyhurst Parish Priest - Fr Peter Willcocks SJ Sacred Heart, Edinburgh Parish Priest - Fr Peter Scally SJ St Aloysius, Glasgow Parish Priest - Fr Peter Griffiths SJ St Mary’s, Nairn Parish Priest - Fr Francis Barnett SJ St Lawrence’s, Dingwall Parish Priest - Fr David Kay SJ Our Lady of the Rosary & St Columba, Kingussie Parish Priest - Fr Paul Hackett SJ St Joseph’s, Aberdeen Parish Priest - Fr Patrick Rice SJ Holy Cross, Much Hadham, Hertfordshire Parish Priest - Fr Robert Styles SJ Nativity play, Sacred Heart,Wimbledon 13 Jesuits in Britain Operation of centres, programmes and publications for spiritual education Spirituality centres are places of active formation in Ignatian prayer and discernment. This spirituality emanates from the Catholic faith background but it is open to all who wish to share in it. The Jesuits in Britain run five centres for spirituality. Loyal Hall and St Beuno’s are residential centres offering a range of residential courses from three months to three days. The London and Scotland centres offer non-residential courses and events from full year courses to short talks. Loyola Hall, Rainhill loyolahall.co.uk Director Ruth Holgate The Residential Training Courses attracted higher numbers this year and the participants give very positive feedback. The number of people attending our programmed retreats has gone down slightly this year, but are still good. International Outreach has continued to grow. In January we directed and supervised a 30 day retreat in Latvia– the other director was the Lutheran Archbishop of Riga who trained at Loyola Hall. A one week supervision course for Spiritual Directors was given in Norway. Team members have been to China to direct the 30 day retreat, with other directors who we trained last year on our course in Beijing. We offer events for some marginalized groups who might not otherwise be able to find a suitable retreat: e.g. retreats in British sign language for deaf people, people living with chronic illness, young adults, divorced and separated people, lesbian, gay and transgendered people. Bereavement retreats and retreats in universities for student groups. As well as hundreds of individuals, many groups have come to Loyola Hall for both day and residential events. Day groups include many local parish, deanery and diocesan groups;Vocations directors; Christian 14 Life Community; Methodist groups; Liverpool Anglican diocesan groups; the Brothers of Charity; Catholic Blind Society. Loyola Hall hosted residential conferences for SJ Province Congregation; SJ Schools Chaplains; Jesuit Institute RC Education Conference; CLC National Gathering; Charismatic Clergy retreat; RC Chaplains in higher education conference;Vincentian Volunteers; Spiritual Exercises Network conference and many others. ‘I have been meaning to write all week to say thank you to everyone at Loyola for ensuring that the guided retreat I came on was everything I could have hoped for. The building, chapel and garden are, combined, a beautifully quiet and spiritual haven …’ Annual Report 2011-12 St Beuno’s, St Asaph beunos.com Everybody’s retreat will be unique to them but I had some wonderful experiences during the week, things that will remain with me forever. ….Vicky Director Fr David Birchall SJ The impact of “The Big Silence” first broadcast two years ago is still being felt. Many people who tentatively came to St Beuno’s for a weekend after seeing the TV programme (including overseas viewers), are returning for longer retreats. Often these people have no practice of church-going, yet find a real help in Ignatian Spirituality. Many find something in the prayer to which we introduce them, which they feel they should have been taught early in life, but which is not available in most church and school settings. “The lessons on meditation with prayer really opened my eyes to something that I knew nothing of – why have I lived nearly 60 years and not known this?!” Retreatant Our core activity remains giving the 30 day. Full Spiritual Exercises. Demand and participation continues to increase. Next year we will continue initiatives to improve standards through training of visiting retreat directors. Our financial result for 2011-2012 has been very good because the number of people on retreats has kept up and the increase in offerings has offset the increase in cost of food and services. Ignatian Spirituality Centre, Glasgow iscglasgow.co.uk Director Fr Tom McGuinness SJ The ISC in Glasgow city centre has an ecumenical focus. It has continued to offer a range of day, evening and weekend events, as well as a few longer courses and retreats. We offer individual spiritual accompaniment and training to those wishing to become spiritual directors. Most activity takes place in the Glasgow centre but we ran a successful course for clergy in Edinburgh, and four residential retreats for small groups at other centres e.g. the House of Catholic Prayer on Iona. Having lost team members in 2012, we will be consolidating resources in 2013. 15 Jesuits in Britain Mount Street Jesuit Centre, London msjc.org.uk Director Lynne Galloway. The Spiritual Development programme was expanded by extending scheduling to earlier slots suitable for nonworking people. Our Spiritual Direction programme was consolidated and expanded to create a more organized and professionalised group of spiritual directors with defined common aims, codes of practice and ways of working. In this we are collaborating with other London spirituality centres. In Adult Faith Formation, there was development of programmes of scripture study and appreciation, improvement of practical ministerial training at various levels from individual courses in particular pastoral skills through to a Foundation Degree programme in pastoral ministry (in conjunction with Heythrop College). This has been satisfactorily evaluated and is continuing this year with increased recruitment. Mount Street Jesuit Centre, Young Adult Ministry yamsjbritain.btck.co.uk Director Sr Anouska Robinson-Biggin fcJ Young Adult Ministries continues to enable young adults aged 18-39 to develop their faith through socials, retreats, and courses. Special masses for young people are held at Farm St Church on the first and third Sundays of every month. Lauriston Jesuit Centre, Edinburgh lauriston.org.uk Director Fr Jim Crampsey SJ The Lauriston Jesuit Centre aims to present issues of spirituality, social justice and adult faith formation to the city of Edinburgh and beyond through series of evening talks with guest speakers. 16 Annual Report 2011-12 Media for spiritual and theological education Pray-as-you-go.org Producer Ruth Morris is a 10 minute daily prayer podcast with music designed for download to MP3 players and ipods. It is downloaded by about 60,000 people per day, about 60% of whom are in the US and Canada, and 15% in the UK. Thinking Faith - thinkingfaith.org Editor Fr Roger Dawson SJ is the Jesuits online journal publishing 100-120 articles per year. It has 3700 subscribers – a number which continues to increase – around the world, but is open to any visitor to the website. The site achieves 800 - 1000 visitors per day. Jesuits and Friends - jesuitsandfriends.org Editor Fr Dushan Croos SJ is the Jesuits’ main communication platform in Britain. It is a 24 page magazine produced three times per year and distributed free to a mailing list of 12,000 individuals plus Jesuit schools, parishes and centres. It features news from around the province, with a particular focus on the Regions of South Africa and Guyana. It includes prayer features. The Way - theway.org.uk Editor Fr Paul Nicolson SJ is a paid for spirituality journal produced four times per year for around 1000 subscribers around the world. These are mainly religious, or working in the service of faith as lay people. About 30% are in the UK with most of the rest in the USA, Africa and India. The Way also publishes around three books per year and generates income from distributing its substantial catalogue. The Heythrop Journal Editor Fr Patrick Madigan SJ is a bi-monthly academic review of philosophy and theology published by Wiley Blackwell on behalf of Heythrop College. Its subscribers are academic institutions and individuals around the world. 17 Jesuits in Britain Provision of university chaplaincy services The Jesuits in Britain serve three chaplaincies: at Heythrop College (University of London) – an ecumenical chaplaincy in a Catholic university college, Oxford University Catholic chaplaincy and Manchester University Catholic chaplaincy. We also have a young adult ministry based at Farm St Church in London where we hold two special monthly Masses – First Sunday Plus and Third Sunday. Heythrop College chaplaincy heythrop.ac.uk Heythrop College has a unique religious ethos, which is nurtured by staff and Chaplains: Fr Dave Stewart SJ and Fr Rocco Viviano sx. The chaplaincy has a pastoral, spiritual, prophetic and educational mission. It provides support to various denominational communities, the wider Church community and to those of no specific faith affiliation. Its programme aims to develop human potential while reflecting on spiritual, moral, social and political dimensions. Further objectives are: to animate the liturgical life of the College enabling others to express and celebrate the experience of Christian living to arrange retreats, times of prayer and similar activities requested by students and staff or when it would seem appropriate to support students of other traditions. Oxford University Catholic chaplaincy catholic-chaplaincy.org.uk The Oxford Catholic chaplaincy serves the spiritual needs of approximately 1600 Catholic students and has been served by Jesuits since 2007, although the Jesuit association with the city dates back to the foundation of St Aloysius Catholic parish in the 1870s. The Chaplaincy is served by Fr Simon Bishop SJ, Fr Dushan Croos SJ, Br Andrew Brooke OP, and Alexandra Harrod. We welcome students, academics and all those who may find the Chaplaincy a support on their journey of faith. The Chaplaincy is a hospitable place, where there is a sense of common purpose and shared projects. Special interest groups are supported by and support the life of the whole community. It is a place where people can grow in openness to others and learn respect for companions who may be on faith journeys different from their own. 18 We believe it is important to promote forms of spirituality that support a culture of discernment. We make use in particular of the tradition of St Ignatius of Loyola and the Spiritual Exercises. The Chaplaincy fosters informed and intelligent reflection on the Christian call to service of the poor and marginalised and which offers opportunity for encounter with the ‘other’ Oxford and its issues of asylum, poverty and homelessness. Manchester University Catholic chaplaincy muscc.org In summer 2012 the Jesuits returned to University of Manchester Catholic Chaplaincy after a break of two decades. Fr Tim Byron SJ leads the University’s Chaplaincy Team and will be supported in 2013 by Br Ken Vance SJ, Fr William Pearsall SJ and Fr Ian Tomlinson SJ. The Jesuits were originally invited to Manchester in the 1860s by Bishop Turner of Salford. Built in 1871, the Church of the Holy Name of Jesus on Oxford Road remained the home of the Jesuits until 1992. They established a Catholic Society for the university in the 1930s and, in the 1960s, built a chaplaincy for the Catholic students. After discussions with the current bishop, Bishop Terence Brain, the Jesuits agreed to resume their work with the students and staff of the University and to take over the administration of the Church of the Holy Name once again. Ministry to young people has always been core to Jesuit values. It will be our mission to support the diverse University community to discover the value of a life of faith, to develop skills of service, and to discern their life path. The work of the chaplaincy in Manchester serves around 8,000 Catholic students and covers four main areas of activity. Annual Report 2011-12 Operation of UK branches of Jesuit Refugee Service and Jesuit Missions Jesuit Refugee Service jrsuk.net Director Louise Zanre Chair of Management Committee David Rhys-Jones In accordance with the JRS International charter, JRS UK accompanies refugees and forced migrants, serving them as companions and advocating their cause in an uncaring world. We have particular concern for those detained under the immigration rules or who are left destitute in the UK. This work is carried out in the spirit of mutual respect, dignity and solidarity with the refugees. JRS UK has 4 full time and 3 part time staff. The director is Louise Zanré. Work with detained refugees Chaplaincy services at Harmondsworth and Colnbrook Immigration Removal Centres (IRC) have continued to be provided by Fr. Harry Elias SJ. Fr James Conway SJ was accredited as an assistant chaplain in September. Sr Margaret Baxter SSMN and Sr Anne Elisabeth De Vuyst SSMN held weekly chaplaincy surgeries. Sr Margaret also fulfilled weekly chaplaincy duties at Harmondsworth. As well as essential pastoral support the chaplains are able to identify particularly vulnerable detainees and match them up with a volunteer visitor. Around 30 different Volunteers, trained and coordinated by Srs Margaret and Anne Elisabeth have continued to provide a vital service of visiting detainees without other visitors. The pen befriender scheme has continued and grown. There are currently seven volunteer pen befrienders writing to detainees regularly. A very successful and valued initiative started this year is a volunteer liaison officer supporting the often difficult relationship between detainees and their legal representatives. The volunteer follows up cases on behalf of the detainees. This reassures detainees that someone is actually working on their behalf and reminds the legal representatives that there are other advocates interested in their detained clients. Work with those left destitute by the asylum process in the UK The move to the Hurtado Centre in Wapping at the end of 2011 has offered opportunities previously limited by lack of space and facilities. The day centre being located at the same site as our office enables a more integrated service and has allowed new partnerships to be developed e.g. with creative projects. The weekly day centre provides hospitality, friendship and support for over 100 vulnerable and isolated people each week. The day centre is run by volunteers trained and supported by staff. Service users are able to access small travel grants to attend essential medical or legal appointments; and packs of basic toiletries. We provide one to one support sessions for 10-20 people per week to help them follow up legal appointments or access medical or other services. In our Day Centre Plus programme we have partnered with other groups to provide creative writing workshops with English PEN and Volunteer Museum Tour Guide Training with the Wallace Collection. The setting up of the new computer room has enabled a social media project led by refugees, which aims to redress some of the myths around refugees in the UK. We would like to revive or continue these and similar projects next year as they make a huge difference to the lives of our service users. The Companions Programme, coordinated by Sr Rosemary Howarth ssnd, has continued with a weekly prayer group and two special retreat days. Advocacy work Over the course of the year JRS UK has been involved in JRS Europe research project on the effects of the Dublin Regulation on the detention system due to be completed in 2013. Staff members and volunteers have participated in regular network meetings of, for example, the Asylum Rights Campaign, Churches Refugee Network, National Justice and Peace Network, Caritas Social Action Network and London Citizens. Staff members, volunteers and service users have spoken at awareness raising events around the country. 19 Jesuits in Britain Jesuit Missions jesuitmissions.org had a team of 28 runners, including four dressed as Wombles, and succeeded in raising £62,668. Director Fr Tim Curtis SJ to August 2012 Paul Chitnis from September 2012 Chair of Management Board Fr Kevin Fox SJ to December 2011 Fr Roger Dawson SJ from January 2012 Advocacy is an important and growing part of what we do. In September we played a key role in hosting the Global Ignatian Advocacy Network group on the Extractive Industries. Jesuits from around the world came together to share ideas on working together to tackle the problems which frequently ensue from the actions of mining companies. Jesuit Missions’ role is to foster mutually supportive partnerships between Jesuit communities in the UK and those overseas. Our main geographical areas of work are Guyana, South Africa and Zimbabwe, although substantial support is given to many other Jesuit provinces and regions around the world. We particularly encourage Jesuit schools and parishes in the UK to become involved to learn from, and be inspired by, their partners overseas. While financial support is channeled to partners overseas, the schools and parishes in the UK partners benefit in many ways from this exchange especially spiritually as their faith is challenged and inspired by their brothers and sisters who are witness to Christian values under very difficult circumstances. The Companions Programme now has more than 45 schools in partnerships. A number of parishes are also developing partnerships. During the year reciprocal visits have been arranged involving both staff and students. These visits are crucial as they give energy to the partnership. British Council funds have been sought for some of these exchange visits. The Jesuit Missions Volunteer Programme continues to be largely placement-led with volunteers serving for 6 to 18 months. This year 9 volunteers have been serving in India, Tanzania, Malawi, Argentina and Guyana. They included several professional people (e.g. a doctor, a social worker, a computer specialist, a maths teacher and a science teacher). A new initiative has started in Kyrgyzstan, where 4 volunteers have participated as leaders at the Summer Camps (including two Jesuit scholastics). There will be a similar number of volunteers for the coming year and work will continue to promote the programme through the Jesuit network and at universities. A big part of our work is Mission Support. We accommodate missionaries from around the world on their leave and help in arranging medical appointments and accompanying them to hospital. We are often requested to source and dispatch essential items for the mission offices. The London Marathon continues to be a useful fundraising activity and awareness raising exercise. We 20 The JM management board made awards totalling £126,700 to Jesuit works around the globe. The application process and criteria are described here: http://www.jesuitmissions.org/grantsprocedure/: 2013 will be a year of further change beginning with a review of our work. There have been significant changes in personnel. Fr Roger Dawson SJ was appointed chair of the Management Board, replacing Fr Kevin Fox SJ. Christine Allen also stepped down from the board and we welcomed two new members, Mrs Sarah Broscombe and Mr Jerry Hawthorne. Hal Broadbent (Finance Officer for the Province) and Angela Warren, Head of Development Education at CAFOD remain as members. After over five years as Director, Fr Tim Curtis SJ left in August to return to Guyana. Water supply for St. Joseph’s Primary School, Chishawasha, Zimbabwe £10,000 JRS Southern Africa, Johannesburg £10,000 West Africa Province £22,500 East Africa Province £10,000 Jesuit European Office (OCIPE) £5,200 Global Ignatian Advocacy Network £5,000 Chikuni Radio Education Programmes £7,000 Jesuit Foundation Prison Ministry – Thailand £5,000 St Peter’s Mbare Primary School Companions’ Programme, Zimbabwe £3,000 Zimbabwe Province £14,500 African Jesuit Aids Network £10,000 Zambia Province £8,000 Sri Lanka Province £5,000 Guyana Region £5,000 The Jesuit Institute, South Africa £6,500 Annual Report 2011-12 Service to marginalized groups with support of Jesuit volunteer networks The Jesuits support three volunteering ministries who work in a structured way to help marginalized groups in Britain. This is in addition to social justice initiatives carried out by our parish and school communities. Jesuit Volunteer Community jvcbritain.org Jesuit Volunteers Glasgow glasgowjesuitvolunteers.org Director Clare Lewis Chair of Management Committee Fr Paul Fletcher SJ Co-ordinator Anne Edwards 2011/12 was the 25th anniversary of the Jesuit Volunteer Community (JVC) in Britain JVC offers full time volunteering placements for 11 months to around 15 young people (aged 18-35) each year. The young people work full time in areas of great social need in inner cities, they live in community (currently in Liverpool, Manchester and Birmingham), lead a simple lifestyle, and regularly reflect on their faith life (27 days of residential facilitated reflection and 25 sessions of community reflection per participant). Some statistics for JVC since 1987: Total number of volunteers % of these from UK % of these from EEA % of these from other countries Those who have followed religious vocations Vocations as a % of total 386 55% 36% 9% 19 (+2 still discerning) approx. 5% JVC also offers a one month residential summer programme for 15 student volunteers. Each year JVC volunteers offer over 21,000 hours of service to marginalized people. JVC was independently evaluated in 2011. Recommendations included the opening of a fourth community, and the establishment of a non-residential part-time volunteering programme, as this would make better use of the permanent staff resource (3 full time). A part time programme will be piloted in 2012/13. Jesuit Volunteers Glasgow provide flexible part-time volunteering opportunities for adults in order to respond to the increasing struggles of those living within disadvantaged communities in Glasgow. We provide a regular opportunity for volunteers to reflect on their experiences and to make them part of their developing spirituality and world-view. We are working with 24 volunteers aged from 18 - 65 years who give on average three hours per week. Most are recruited through St Aloysius parish. Placements include St Rollox Church which supports asylum seekers; PEEK project which supports children living in an area of deprivation; Emmaus and Salt & Light, two charities which assist the homeless and destitute. One volunteer is helping set up a food bank, another is on the fundraising committee of a hospice. Jesuit Volunteers London msjc.org.uk/london-jesuit-volunteers Co-ordinator Andrea Kelly For JVL 2011 saw diversification of impact and opportunity as it became involved in the development of the new Alberto Hurtado Jesuit community and centre in Wapping which is also home to JRS UK. The established programme based at Mount St Jesuit Centre works with 30 volunteers who give between two and eight hours per week to service of the poor, and reflect together monthly in five groups. Most are in their 30s and are recruited through the MSJC spiritual programme, the work with young adults and the parish community. The initiative in Wapping is first considering local needs e.g. at the London Hospital, with local families, and the elderly. Links with JRS, which uses around 50 part-time volunteers, are strengthening. 21 Jesuits in Britain Hurtado Jesuit Centre (HJC) hurtadocentre.org.uk Jesuiot Volunteering Community Director Andrea Kelly The Centre’s mission will be accomplished through three main areas of work: Social ministry, Ignatian spirituality and Christian-Muslim relations. In 2011-12 we have built good relationships with local people, projects, and networks; established our ongoing apostolic activities (JRS, LJV etc) within this new context; offered the Centre as a resource to the local community. From a parishioner: “Until I came to HJC I had tended to focus just on my family and the parish – thinking about the wider community in Wapping is a new idea for me...” Dr Hickey Surgery Fr Paul O’Reilly SJ is a medical doctor in general practice at the Dr Hickey Surgery which offers services to homeless people in Westminster most of whom have problems of alcohol misuse and serious mental illness. In 2011/12 the medical practice was expanded in conjunction with NHS Westminster (the local PCT) to improve services. There has been steady organic growth in both the numbers of people served this year (2,437) and the numbers of consultations offered (22,238). Nursery rhymes at JVC Fund for Social Justice (FSJ) Chair of the Committee Ashleigh Callow The FSJ Committee assesses applications for grants to be paid from funds agreed by trustees, within the overall objectives of the Trust, for Jesuit sponsored projects particularly concerned with the promotion of social justice. Grants totaling £19,634 were made to 11 causes. Work in prisons Fr Paul O’Reilly SJ and Fr Michael Campbell-Johnston SJ regularly say Mass in London prisons. Scholastic Christian Keeley SJ ministers in Brixton prison. Two scholastics give regular service to London Catholic Worker community night shelters 22 Annual Report 2011-12 Training Jesuits and Catholic clergy in Britain and other countries Our mission to train priests is fulfilled in the following ways: Helping young men on their path to discerning vocations as Jesuits through our candidates programme. This year the Vocations Director met with fifteen enquirers and one man has entered the novitiate. Provision of care to retired Jesuits The Trust is committed to care for infirm and elderly members of the order who have previously covenanted all that they earned or received back to the trust. We run two communities which have special facilities for nursing care: Corpus Christi Health Centre, Boscombe (18 men) Care service at Winckley Square SJ Community, Preston (7 men) Operating the North West European Jesuit novitiate at Birmingham. There were eight British Province novices studying this year, plus two from other provinces. Pre-ordination programme. There were eight Scholastics from the British Province studying for first and second degrees. Post-ordination formation. There were thirteen priests from the British Province in formation before final vows. Formation of Jesuits from around the world. London is a key centre of worldwide Jesuit formation. In 2011/12 fifty Jesuits in formation were studying at Heythrop and other London education institutions. There were 10 Jesuits undertaking higher studies and research at Campion Hall. The costs related to this are shown on p 40 Corpus Christi Health Centre, Boscombe Financial support to formation in Jesuit Provinces worldwide. This year a grant of $40,000 was given to the Jesuit Conference Asian Pacific. See p 40 of the accounts for a full breakdown. Financial support for formation of Catholic priests in Britain. Grants of £300,000 were made from the Young Priests’ Fund to the Bishops Conference of England and Wales and to the Bishops Conference of Scotland to support training of diocesan priests. 23 Jesuits in Britain Strategic Objectives Governance objectives for 2011/12 Objectives set To carry out a review of risk around the Trust’s works with the help of the newly appointed insurance brokers, DE Ford. Progress To review the Province Safeguarding Commission and procedures will be carried out to ensure best practice is followed. The Trust is planned to retain its own safeguarding commission with a search for a new Chair. The CSAS reorganization of safeguarding for Religious will affect fees if not our personnel involved. To implement Development Office recruitment plans. The new Development Director, Jane Hellings, is improving communications and data handling in preparation for more pro-active fundraising. To review criteria for the support of overseas Jesuits in formation in the UK. From 2012-13 Jesuit students from the African continent will be selected by a local coordinating office and any grant funding will have to be applied for. This is to implement a programme more sensitive to need and not to ‘first come first served’. Jesuit Media Initiatives to convene the European Webmasters Group. The meeting was held successfully in Sussex in April 2012. To complete condition surveys for our major properties and develop plans to implement their proposals. The condition surveys were completed and now the follow-up of implementation has begun. To review the allocation of our commercial property investments. A plan is now in place to re-allocate all commercial properties owned by TRCP to be sold and put in property funds thereby mitigating the risk of tenants going into receivership and rents being compromised. To embed into the work of the Province the Jesuit Institute to provide inspiration, resources, support and training for schools. The work of the Institute has gathered pace and has a full programme of support to staff and students in Jesuit educational establishments. To review relations with Jesuit schools newly created as local trusts with a view to ensuring good on-going communications. The Director of the Jesuit Institute has instigated a programme of new training and supervision of our Jesuit appointed governors. To establish St Aloysius College as a local trust in Scotland. The Trust was established from July 1st 2012. To develop a new school plan for St John’s Beaumont. The school has a business plan and accounting systems are improved. 24 The risk review on health & safety measures in our works and communities was plotted out and will be completed in 2012-13. Annual Report 2011-12 Strategic Objectives for 2012/13 Province wide New approach to delivery of spirituality work Build the Development Office Review the work of Jesuits in tertiary education and its delivery Specific Objectives Build the chaplaincy work in Manchester Withdraw from staffing the Wimbledon parish Launch a new Province website and renew a number of websites of the works Undertake evaluations of JRS, JM and Province Treasurer’s office Review the London community housing arrangements and to sell the community house in Feltham In order to enable the Society to fulfil its mission, the constitutions provide that its funds may be built up to promote and endow its colleges and other works, but permanent endowment is not allowed to its religious communities whose members have completed formation. Jesuits covenant any income they receive to the Trust; all salaries, pensions, royalties, personal legacies etc. are therefore used for the works of the Trust. Living costs are met by the Trust. Within the Trust, funds are designated inter alia to: Foundation Fund Found new institutes and work Apostolic Works Fund Promote and subsidise our works Formation Fund Pay costs of study and training Old Age Fund Provide for the sick and elderly Bellarmine Fund Provide for the work of Heythrop College and other work in adult theological education 25 Jesuits in Britain Finance & Administration Financial Performance The most notable points arising from the Trust’s financial results for the year ended 30 September 2012 are as follows: Total incoming resources have fallen to £37.8m in the year ended 30 September 2012 from £42.7m in the previous year, due mainly to the reduction in exceptional income. Whereas in 2011 there was exceptional income from the disposal of St Cuthbert’s Gospel (£8.5m), in 2012 there was exceptional income from the disposal of 19 Belvedere Grove,Wimbledon (£923k). Total expenditure amounted to £40.2m for the year ended 30 September 2012 (2011 : £47.4m). During the year a transfer of value (£4m) was made to St Aloysius College as part of the endowment establishing it as a separate trust (2011 : £5m). There were no major one-off grants made in 2012 unlike that made in 2011 to the international missions of the Society amounting to £5.5m. Net investment gains of £27.8m in the current year (2011 : losses £6.4m) were due to the global upturn in market conditions following the 2011 downturn. The balance sheet shows a net increase of £25.3m The Funds of the Charity The total funds of £444.5m fall into three categories: Restricted Funds: £97.1m are donations for particular projects described in note 20 to the accounts. Designated Funds: £344m has been designated (set aside) for other specific purposes as detailed in notes 21 and 22 of the attached accounts. 26 These designated funds generate income for the major areas of the Trust’s activity: (a) the support of existing work, (b) the founding of new ones, (c) the spiritual, pastoral and academic formation of priests and brothers, and (d) their care in sickness and old age. Other designated funds are: (e) a provision for personnel support and training of lay people who have shown a commitment to the work of the Trust, (f) the Bellarmine Fund for theological and philosophical education, especially at Heythrop College; (g) the residue of the Jesuit Development Fund; (h) any provision that will be required for the Local Trust project explained in note 15 below; and (i) the funds allocated to the running of schools. The trustees judge that the nature of the Trust’s activity makes such designation a prudent method of balancing the different claims on funds. The Trustees retain the flexibility to respond to changing needs, but the designations provide useful categories for financial planning. Unrestricted Funds: £3.3m are general funds available to support the work of the Society in the future. Reserves Policy The Trustees review the reserves annually with a view to disposing of surplus funds in accordance with the Trust deed. The Trustees’ policy has been to hold at least the equivalent of one quarter of the Central Funds’ annual expenditure in general funds. For the year ended 30 September 2012, this equates to approximately £2.4m. The Trustees are reviewing this policy in the light of recent demands on funds, and the fact that present reserves approximate to at least four months’ expenditure. Annual Report 2011-12 Grant-making Policy Ethical Investment Policy The Trust is not primarily a grant-making trust and the Trustees do not consider applications from the general public. Occasional grants are made to organisations and individuals whose work is aligned with that of the Society – see especially the reference above to the Fund for Social Justice. The Trustees’ principal intention, however, in their use of funds is to support the various institutions for which the Society is responsible, giving a financial subsidy from central funds where this is judged appropriate. The central funds are also available for the support of members of the Society during periods of initial or ongoing study and training, and for the support of those who are retired or infirm. The Trustees accept a special duty to support the work of the South Africa and Guyana Regions of the Society of Jesus. The investment managers operate within specific ethical guidelines which are set out and regularly reviewed by the Trustees. The Trustees are members of the Church Investors Group and have association with the Ecumenical Council for Corporate Responsibility (ECCR) and the Ethical Investment Research Service (EIRS). Investment policy The Trust’s investment portfolio is divided between listed investments, cash deposits, and investment properties and had a total market value of £304m at the year end. Investments have been acquired in accordance with the powers available to the Trustees. Within specified guidelines, the investment managers’ objectives are to maximise total return through a diversified portfolio whilst providing a level of income advised by the Trustees from time to time. Growth is achieved through the equity portfolios managed by Framlington and Newton. The major sources of income are the bonds, the property and the cash. Charities consolidated in these accounts Beaumont Educational Trust This is a small fund generating bursaries to be applied in promoting the education of boys and young men in need of financial assistance in accordance with the doctrines of the Roman Catholic Church. Preference is given to those who can claim a connection with the former Beaumont College. It is a separate charity, registered no. 309142. Its Trustees are the same as those of the Trust and the two charities are treated as a single charity for accounting purposes. The von Hugel Charity The von Hugel Charity is for the promotion, advancement or support of charitable work or works, at the absolute discretion of the charity’s Trustees, in the beneficial area (viz. the Roman Catholic parishes of Boscombe and Iford, in Dorset). It is a separate charity, registered no. 278966. The Society of Jesus Charitable Trust (‘The 1990 Trust’) The equity portfolio is divided between the existing managers: AXA Framlington Investment Management, Newton Investment Management and the WHEB Fund. This is a separate legal entity with its own charity registration and is not a subsidiary to the 1921 and 1929 Trusts. Bond holdings are managed by Newton Investment Management. Its Trustees are the same as those of the Trust and the three charities are treated as a single charity for accounting purposes, in accordance with the uniting direction mentioned on p 35. Stanton Mortimer Ltd manages the portfolio of investment properties. Funds have also been invested in the Charities Property Fund and a CCLA property fund. Connected Charities St Aloysius Charitable Fund The purpose of this charity is to provide bursary funds for the school to which it is related. Independent accounts are submitted to the Charity Commissions for this fund. 27 Jesuits in Britain How we manage our affairs The Board of Trustees The Declaration of Trust dated 20 March 1929 provides that new Trustees shall be appointed by resolution of the existing Trustees. The trustees are incorporated under the Charities Act 1993 as ‘Trustees for Roman Catholic Purposes Registered’ (TRCPR). As members of the Society, the Trustees’ living and personal expenses during the year are borne by the Trust, but they received no remuneration for services as Trustees. The Trustees met six times during the year. Trustees are chosen for their experience of the works of the Trust, as described in this report. Given their considerable knowledge of the works of the Trust, their induction focuses on the more technical responsibilities of Trustees. This is achieved primarily by mentoring within the group, with sessions occasionally given over to discussion of a particular aspect of Trustee responsibility – e.g. the Objects of the Trust. Use is made also of external seminars. The succession of retirals and appointments is made so as to ensure a continuing body of experience within the group as a whole. Trustees’ responsibilities Law applicable to charities in England, Wales and Scotland requires the Trustees to prepare accounts for each financial year which give a true and fair view of the Trust’s financial position at the end of the year and of its financial activities during the year. In preparing accounts showing a true and fair view, the Trustees: Committees Three committees are appointed by the Trustees to assist in their work: Finance Committee The finance committee is set up to advise on the dayto-day financial management of the Treasurer’s office: Its members during the year under review were: Br Stephen Power SJ Dr Henry Broadbent Fr Kevin Fox SJ Fr Dermot Preston SJ Fr Chris Boles SJ Investments Committee The Investments Committee gives advice on the management of the investment portfolios while upholding the ethical restrictions on our investments. It has met and reported quarterly during the year. Its members during the year under review were: *Br Stephen Power SJ Mr Richard Brumby Dr Henry Broadbent Mr Peter O’Connor Fr Kevin Fox SJ Fr Christopher Pedley SJ Mr James Holt Mr Nigel Wilson select suitable accounting policies and then Safeguarding Commission make judgements and estimates that are Mr Patrick Barry state whether applicable accounting standards Fr Michael Smith SJ apply them consistently; reasonable and prudent; and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts; prepare the accounts on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation. 28 The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Trust and which enable them to ensure that the accounts comply with the Charities Act 1993 and the Charities Act of Scotland 2005. They are also responsible for safeguarding the assets of the Trust and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The membership of the Commission is as follows: Mr Kevin Barry *Fr Brendan Callaghan SJMs Nora Coughlan Ms Maureen Mulally The Province Safeguarding Officer is Fr Michael Smith SJ Annual Report 2011-12 Organisational structure Risk management The overall responsibility for activities of the Jesuits in Great Britain (the British Province of the Society of Jesus) lies with the Provincial Superior, who is assisted by his Socius and by the Treasurer, and other central office staff. The Provincial meets with a group of Consultors monthly and with Trustees six times per year. The Trustees believe that by monitoring reserve levels, by ensuring the existence of controls over key financial systems, by taking regular professional advice, by having in place appropriate insurances and by examining the operational and business risks faced by the Trust (with due attention paid to succession planning), they have established routinely effective systems to mitigate those risks. The systems are devised both locally and centrally, according to need. Large institutions such as schools follow practices recognised by local authorities or other competent bodies. Centrally, financial procedures and associated risks have been reviewed in the current year and a new manual produced. The Trustees remain proactive in compliance with civil and ecclesiastical requirements for safeguarding (protection of children and vulnerable adults). The scope of all these measures is reviewed annually by the Trustees. During the year our auditors were reviewed and a change was effected. Each Jesuit community is guided by a local superior who has responsibility for the activities in his locality. Particular works (schools, retreat centres, etc.) may be the responsibility of a “Director of Work” appointed by the Provincial or by a local governing body acting on the Provincial’s behalf. It is normal for the Provincial to visit all Jesuit communities and works each year. Constitution The Jesuits in Britain are governed by the constitutions of the Society of Jesus and regulated by Canon Law. The principal assets of the Jesuits in Britain are held in the following charitable trusts: Charity No. 1 Deed poll, dated 1 December 1921 of Society of Jesus Trust of 1921 for Roman Catholic Purposes 2 Declaration of Trust, dated 20 March 1929 and subsidiary deed, dated 3 April 1969 (Jesuit Development Fund) of Society of Jesus Trust of 1929 for Roman Catholic Purposes 230165 3 Trust deed dated 11 June 1990 establishing ‘The Society of Jesus Charitable Trust 803659 4 The Society of Jesus (1929) for Roman Catholic Purposes given charitable status by the Office of the Scottish Charity Regulator (OSCR) Public benefit We developed our strategic plans to ensure that we deliver public benefit and achieve our objectives set out in the Deeds and Declarations of Trust (listed above in Organisational Structure – Constitution). The Trustees confirm that they have complied with the duty of the Charities Act 2011 and the Charities Act Scotland 2005 to have due regard to the Charity Commission’s and OSCR’s general guidance on public benefit. 230166 Equal opportunities SC040490 The Society is committed to maintaining an equal opportunities policy for recruitment and employment. It respects the provisions against discrimination laid down by law and in the Catechism of the Catholic Church. No person will be discriminated against on the grounds of disability, age, nationality, racial origins, gender or marital status allowing for what is justified by law or by the practices, rites, doctrines or ethos of the Roman Catholic Church. Approved by the Board of Trustees and signed on their behalf by S Power SJ Trustee Date: 26th April, 2013 29 Jesuits in Britain Report of the independent auditors to the Trustees of The Society of Jesus Trust of 1929 for Roman Catholic Purposes (incorporating The Society of Jesus Trust of 1921 and The Society of Jesus Charitable Trust) (together “the Trust”) We have audited the financial statements of The Trust for the year ended 30 September 2012 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). This report is made solely to the charity’s Trustees, as a body, in accordance with Chapter 3 of Part 8 of the Charities Act 2011 and in accordance with section 44 (1) (c ) of the Charities and Trustee Investment (Scotland) Act 2005. Our audit work has been undertaken for no purpose other than to draw to the attention of the charity’s Trustees those matters which we are required to include in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charity and charity’s Trustees as a body, for our audit work, for this report, or for the opinion we have formed. Respective responsibilities of Trustees and independent auditors As explained more fully in the Trustees’ Responsibilities Statement set out on page 4 the Trustees are responsible for the preparation of financial statements which provide a true and fair view. We have been appointed as auditors under section 144, of the Charities Act 2011 and under section 44 (1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report to you in accordance with regulations made under those acts. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors. We report to you our opinion as to whether the financial statements give a true and fair view, have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and have been prepared in accordance with the Charities Act 2011, the Charities & Trustees Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether 30 the accounting policies are appropriate to the charity’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the Trustees; and the overall presentation of the financial statements. In addition we read all the financial and non-financial information in the Annual Report to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report. Opinion on the financial statements In our opinion the financial statements: give a true and fair view of the state of the charity’s affairs as at 30 September 2012 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been properly prepared in accordance with the requirements of the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005 and regulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the Charities act 2011 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion: the information give in the Trustees’ Annual Report is inconsistent in any material respect with the financial statements; or the charity has not kept sufficient accounting records; or the financial statements are not in agreement with the accounting records and returns; or we have not received all the information and explanations we require for our audit. Kingston Smith LLP Statutory Auditor 60 Goswell Road, London EC1M 7AD Date: 26th April, 2013 Kingston Smith LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 Annual Report 2011-12 Statement of financial activities - Year to 30 September 2012 Unrestricted Funds 2012 £’000 Note Restricted Funds 2012 £’000 Total 2012 £’000 Total 2011 £’000 Incoming Resources Incoming resources from generated funds Voluntary income 1 3,552 2,186 5,738 4,699 Investment income and interest receivable 2 8,759 3,316 12,075 11,506 Trading income 3 198 - 198 160 Other activities for generating funds 4 139 88 227 253 5 18,522 22 18,544 17,400 923 - 923 8,534 Activities to generating funds: Incoming resources from charitable activities: School fees and similar charges for educational services Surplus on disposal of fixed assets 148 - 148 137 32,241 5,612 37,853 42,689 1,931 93 2,024 2,057 232 - 232 727 25,013 768 25,781 25,357 859 28 887 774 Care of Infirm & Elderly Members 4,362 1 4,363 5,278 Spirituality Centres 1,687 - 1,687 1,645 622 4,293 4,915 11,017 Other incoming resources Total Incoming Resources Resources Expended Cost of generating funds 6 Charitable activities 7 Pastoral Service Education/Formation Relief of Poverty Work in Mission Territories Youth, Media & Dialogue Activities Governance costs 8 Total Resources Expended Net Incoming/(Outgoing) Resources before Investment gains/(losses) 9 242 5 247 401 150 - 150 140 35,098 5,188 40,286 47,396 (2,857) 424 (2,433) (4,707) Transfers between funds 21 80 (80) - - Net investment gains/(losses) 14 19,806 7,983 27,789 (6,391) 17,029 8,327 25,356 (11,098) 330,305 88,851 419,156 430,254 347,334 97,178 444,512 419,156 Net Movement in Funds Balance brought forward at 1 October 2011 Balance carried forward at 30 September 2012 All operations are continuing. 31 Jesuits in Britain Balance sheet - Year to 30 September 2012 Note 2012 £’000 2012 £’000 2011 £’000 2011 £’000 Fixed Assets Tangible assets 12 91,656 93,611 Investments 14 304,156 276,163 Programme related investment 15 40,676 40,676 436,488 410,450 Current Assets Stocks 90 99 Debtors 16 2,411 7,212 Short term deposits 17 30,167 28,257 7,407 5,724 40,075 41,292 (25,382) (19,109) Cash at bank and in hand Creditors: Amounts falling due within one year 18 Net Current Assets Total Assets less Current Liabilities 14,693 22,183 451,181 432,633 (6,669) (13,477) 444,512 419,156 97,178 88,851 Debtors: Amounts falling due after more than one year Creditors: Amounts falling due after more than one year 19 Total Net Assets Represented by: Funds and Reserves Income funds: Restricted funds 20 Unrestricted funds 21 General fund Designated funds 22 8,235 6,669 339,099 323,636 347,334 330,305 444,512 419,156 Approved by and authorised for issue and signed on behalf of Trustees for Roman Catholic Purposes Registered: S Power SJ Trustee Approved on: 26th April, 2013 32 Annual Report 2011-12 Cash flow statement - Year to 30 September 2012 Notes 2012 £’000 2011 £’000 Cash Outflow from Operating Activities A (1,283) (26,959) Returns on Investments and Servicing of Finance B 12,075 11,506 Capital Expenditure and Financial Investment B (1,993) 1,675 8,799 (13,778) Management of Liquid Resources B (1,910) 16,224 Financing B (4,793) (413) (Decrease) /Increase in Cash C 2,096 2,033 Notes to the Cash Flow Statement - Year to 30 September 2012 A Adjustment of Net Incoming/(Outgoing) Resources to Net Cash Outflow from Operating Activities Net incoming /(outgoing) resources Depreciation charge Impairment charge Net gain on disposal of tangible fixed assets Investment income receivable Decrease in stocks 2012 £’000 2011 £’000 (2,433) (4,707) 1,729 1,719 938 - (923) (8,534) (12,075) (11,506) 9 Decrease/(increase) in debtors 4,801 (4,153) Increase in creditors 6,671 222 (1,283) (26,959) Net cash outflow from operating activities 33 Jesuits in Britain B Gross Cash Flows 2012 £’000 2011 £’000 12,075 11,506 (1,223) (2,569) 2,364 11,152 (61,600) (97,795) Receipts from the disposal of fixed asset investments 60,466 92,887 Payments to acquire programme related investments (2,000) (2,000) (1,993) 1,675 (1,910) 16,224 (4,793) (413) Returns on investments and servicing of finance Investment income received Capital expenditure and financial investments Payments to acquire tangible fixed assets Receipts from disposal of tangible fixed assets Payments to acquire fixed asset investments Management of liquid resources (Increase)/Decrease in investment in short term deposits Financing Movement in loan C D 34 Analysis of Changes in Net Funds At 30 Sept 2012 At 1 October 2011 £’000 Cash Flows £’000 Cash at bank and in hand 5,724 1,683 7,407 Bank overdrafts (502) 413 (89) 5,222 2,096 7,318 Debt due after one year Loans (5,790) 4,793 (997) Short term deposits 28,257 1,910 30,167 Total net funds 27,689 8,799 36,488 2012 £’000 2011 £’000 Increase in cash in the period 2,096 2,033 Cash (inflow)/outflow from (increase)/decrease in debt 4,793 413 Cash (outflow)/inflow from (decrease)/increase in liquid resources 1,910 (16,224) Change in net funds 8,799 (13,778) Net funds at 1 October 2011 27,689 41,467 Net funds at 30 September 2012 36,488 27,689 Reconciliation of Net Cash Flow to Movement in Net Funds £’000 Annual Report 2011-12 Basis of accounting The accounts have been prepared in accordance with requirements of the Charities Act 2011 and under the historical cost convention, with the exception of investment properties and listed investments, which are included at market value. Applicable United Kingdom Accounting Standards and the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ (SORP 2005) have been followed in these accounts. School fees consist of charges billed by the schools less bursaries and scholarships payable from unrestricted funds. Resources expended Resources expended comprise the following: a. The cost of generating funds include the expenses of the one trading companies, financing costs, fundraising costs, the fees paid to investment managers in connection with the management of the Trust’s listed investments, and the fees paid to property managers in connection with the management of the Trust’s investment properties. In accordance with the Uniting Direction approved by the Charity Commissioners on 13 November 2007, the combined accounts deal with the assets and liabilities, the incoming resources and resources expended of The Society of Jesus Trust of 1929 for Roman Catholic Purposes (incorporating The Society of Jesus Trust of 1921) and the assets and liabilities, incoming resources and resources expended of The Society of Jesus Charitable Trust, which have the same Trustees. Subsidiaries b. The costs of charitable activities comprise expenditure on the Trust’s primary charitable purposes as described in the Trustees’ report. The main activities are : The results of the Trust’s trading subsidiaries, as set out in note 3, are incorporated directly into the Trust’s accounts. Scope The accounts do not include the operating accounts of parish churches in the charge of the Society of Jesus, as these are deemed to be managed as part of the relevant Diocesan Charity. In the same way publicly funded schools do not form part of these accounts in terms of their operations. However, the property assets utilised by such bodies are in the ownership of the Trust and are therefore reflected within the Trust’s accounts. Incoming resources Education/ Formation Relief of Poverty Care of Infirm and Elderly Members Spirituality Centres Work in Mission Territories Youth, Media and Dialogue Activities Grants in support of Jesuit foundations and projects are included in the statement of financial activities when approved and when the intended recipient has either received the funds or been informed of the decision to make the grant and has satisfied all related conditions. Grants approved but not paid at the end of the financial year are accrued for. Grants where the beneficiary has not been informed or has to meet certain conditions before the grant is released are not accrued for but are noted as financial commitments in the notes to the accounts. Support costs are apportioned based on the proportion of direct costs for each category. Incoming resources are recognised in the period in which the Trust is entitled to receipt and the amount can be measured with reasonable certainty. Income is deferred only when the Trust has to fulfil conditions before becoming entitled to it or where the donor or funder has specified that the income is to be expended in a future accounting period. Legacies are included in the statement of financial activities when the Trust is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified. Pastoral Service c. Governance costs comprise expenditure that is directly attributable to the necessary procedures for compliance with constitutional and statutory requirements. 35 Jesuits in Britain Foreign currencies Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the net movement in funds. Tangible fixed assets (other than Churches and Schools) All assets costing more than £2,500 and with an expected life exceeding one year are capitalised. Land and buildings The book values of the buildings are being depreciated over 50 years on a straight line basis; and the land element of the building is not depreciated. Vehicles and equipment Vehicles and equipment are stated at cost less a provision for depreciation. Depreciation is provided on cost over the following periods in order to write off each asset over its estimated useful life: Equipment Vehicles 4 years 4 years Churches and schools The churches have belonged to the Trust for many years and details of their original cost are not available. All are functioning churches, and as such are neither readily marketable nor can be reliably valued. They are excluded from the balance sheet, as permitted by SORP 2005 paragraph 293. The Trust also holds works of art, book collections and religious artefacts which currently serve the work of the Trust, but which have been excluded from the balance sheet. A market valuation for such assets is uncertain and, in any case, available only at an expense that appears to the Trustees to be out of proportion to any enhancement of the disclosure properly required in these accounts. Investments Investment properties are revalued at open market value annually on 30 September by Stanton Mortimer Limited, Chartered Surveyors. Listed investments are stated at market value. Market value is obtained by taking the mid-market price at 30 September. The charity has adopted a total returns approach in respect of certain investments so that the cash withdrawals from specific investments are disclosed as investment income even though there may be a capital element to the distribution. The balance of unrealised gains or losses on revaluation of other investments and realised gains and losses arising on disposal of investments are separately identified in the notes to the Financial Statements and on the SoFA. Programme Related Investments These are shown on the balance sheet at cost. Any gain or loss arising from disposal or impairment is credited or charged to the Statement of Financial Activities. Fund accounting The restricted funds are monies raised for, and their use restricted to, a specific purpose, or donations subject to donor imposed conditions. The designated funds are monies set aside out of general funds and designated for specific purposes by the Trustees. The general fund comprises those monies which may be used towards meeting the charitable objectives of the Society at the discretion of the Trustees. Pension costs Contributions to employees’ personal pension schemes are recognised in the statement of financial activities in the year in which they are payable to the scheme. The Trust’s independent schools make contributions to the Teachers’ Superannuation Scheme, which is a defined benefit scheme. The scheme is a multiemployer pension scheme and it is not possible to identify the assets and liabilities of the scheme which are attributable to the charity. In accordance with FRS 17 the scheme is accounted for as a defined contribution scheme and contributions are accounted for when advised as due by the scheme administrator. Liquid resources Liquid resources are represented by short term deposits which require at least one day’s notice to be withdrawn without penalty. Stock Stock is measured at the lower of cost and net realisable value. 36 Annual Report 2011-12 1 Voluntary Income Donations and gifts Legacies Covenanted salaries and pensions (see below) Unrestricted Funds £’000 Restricted Funds £’000 Total 2012 £’000 Total 2011 £’000 2,751 1,003 3,754 3,167 72 1,171 1,243 702 729 12 741 830 3,552 2,186 5,738 4,699 Covenanted salaries and pensions represent salaries and pensions of members of the Society payable to the Trust under deeds of covenant or Gift Aid declarations. 2 Investment Income and Interest Receivable Total 2012 £’000 Total 2011 £’000 2,978 3,105 2,056 1,774 692 725 1,255 910 981 949 7,962 7,463 709 1,086 3,404 2,957 12,075 11,506 Listed investments Fixed interest stock Equities UK Europe North America Other Interest receivable Rental income Investment income is earned on an accruals basis except in the case of certain investments where the total returns policy has been adopted as noted in the investments accounting policy on page 41. All rental income is generated from investment properties within the United Kingdom and all interest is from United Kingdom loans and deposits. 37 Jesuits in Britain 3 Trading subsidiaries The Trust has one wholly owned trading subsidiary which is incorporated in Great Britain. This company exist principally to hire out the leisure and conference facilities at its school. A summary of its trading results is shown below. Audited accounts have been filed with the Registrar of Companies. St John’s Beaumont Developments Limited £’000 Total 2012 £’000 Total 2011 £’000 Turnover 198 198 160 Cost of sales (40) (40) (65) Gross profit 158 158 95 (123) (123) - - (101) 35 35 (6) Net assets/(liabilities) at 30 September 2012 - - - Other Activities for Generating Funds Unrestricted Funds £’000 Restricted Funds £’000 Total 2012 £’000 Total 2011 £’000 20 49 69 63 - - - - Sale of publications 68 39 107 118 Lettings of functional properties 48 - 48 31 Gain on foreign exchange - - - - Miscellaneous 3 - 3 41 139 88 227 253 Unrestricted Funds £’000 Restricted Funds £’000 Total 2012 £’000 Total 2011 £’000 Gross school fees receivable 19,369 22 19,391 18,179 Less: Total bursaries, grants and allocations (1,343) - (1,343) (1,236) Net school fees receivable 18,026 22 18,048 16,943 496 - 496 457 18,522 22 18,544 17,400 Administrative costs Other income/(expense) Net profit 4 Fund-raising appeals Insurance commissions 5 School Fees and Similar Charges for Educational Services School activities and trips 38 Annual Report 2011-12 6 Cost of Generating Funds Unrestricted Funds £’000 Restricted Funds £’000 Total 2012 £’000 Total 2011 £’000 Trading expenses 203 58 261 262 Financing costs 323 15 338 385 Estate management fees 276 - 276 243 1,006 - 1,006 993 123 20 143 174 1,931 93 2,024 2,057 Direct Costs £’000 Grants £’000 Support Costs £’000 Total 2012 £’000 Total 2011 £’000 - 10 222 232 727 9,795 2,119 13,868 25,781 25,357 43 366 478 887 774 - - 4,363 4,363 5,278 809 - 878 1,687 1,645 - 3,972 943 4,915 11,017 24 40 183 247 401 10,671 6,506 20,935 38,112 45,199 note 7b note 7a General Premises Other Total Total Administration £’000 £’000 2012 2011 £’000 £’000 Investment management fees Fundraising costs 7 Charitable Activities Pastoral Service Education/Formation Relief of Poverty Care of Infirm & Elderly Members Spirituality Centres Work in Mission Territories Youth, Media & Dialogue Activities 7a Support costs £’000 Pastoral Service 51 157 14 222 116 2,686 4,115 7,067 13,868 13,469 307 69 102 478 355 1,120 302 2,941 4,363 5,278 Spirituality Centres 141 355 382 878 960 Work in Mission Territories 327 594 22 943 3,464 Youth, Media & Dialogue Activities 183 - - 183 263 4,815 5,592 10,528 20,935 23,905 Education/Formation Relief of Poverty Care of Infirm & Elderly Members General Administration include costs which are incurred directly in undertaking the activity. Central costs (5%) which are not separately identifiable as belonging to a particular activity are allocated on a pro rata basis to total activity costs. Premises costs include building maintenance, insurance, utilities and depreciation. Costs relating to common buildings (6%) are allocated on a pro rata basis to total activity costs. Other Costs include Welfare, Catering and Other Costs. These costs are allocated directly to the activities in which they relate. Common costs (24%) which are not separately identifiable as belonging to a particular activity are allocated on a pro rata basis to total activity costs. 39 Jesuits in Britain 7b Charitable Activities (Continued) Grants Grants are made mainly to Foundations and Works connected with the Society of Jesus. Recipient Pastoral Service £ Sacred Heart Church, Bournemouth 5,000 Oxford Chaplaincy 5,000 £ 10,000 Education/Formation Heythrop College 527,990 Worldwide Society of Jesus 300,000 Catholic Trust for England & Wales 200,000 Sri Lanka Province, Society of Jesus 116,452 Bishops’ Conference, Scotland 100,000 St Ignatius College, Enfield 100,000 East Africa Province, Society of Jesus 92,308 Korea Province Society of Jesus 46,008 Karnataka Province Society of Jesus 45,812 Vietnam Province, Society of Jesus 41,416 Philippines Province, Society of Jesus 39,824 Zambia-Malawi Province, Society of Jesus 34,144 North Polish Province, Society of Jesus 25,686 Near East Province, Society of Jesus 23,400 Kerala Province, Society of Jesus 21,394 Peru Province, Society of Jesus 21,116 West Africa Province, Society of Jesus 20,700 Ranchi Province, Society of Jesus 15,281 Mozambique Province, Society of Jesus 11,300 Brazil Province, Society of Jesus 11,165 Zimbabwe Province, Society of Jesus 10,968 Andhra Province, Society of Jesus 10,382 Delhi Province, Society of Jesus 10,068 South Polan Province, Society of Jesus 9,920 Madurai Province, Society of Jesus 8,614 Madagascar Province, Society of Jesus 8,451 Lithuania Province, Society of Jesus 5,304 Domus Interprovince, Society of Jesus 4,200 Guyana Region, Society of Jesus 3,375 Slovakia Province, Society of Jesus 2,729 Calcutta Province, Society of Jesus 2,097 Portugal Province, Society of Jesus 1,268 Dumka Region, Society of Jesus 839 Ecuador Province, Society of Jesus 839 Rwanda-Burundi Region, Society of Jesus 838 Columbia Province, Society of Jesus 524 Darjeeling Province, Society of Jesus 419 1,874,831 Grants to c100 individuals (school grants & allowances) 243,851 2,118,682 Carried forward 40 2,128,682 Annual Report 2011-12 7b Charitable Activities (Continued) £ Brought forward £ 2,128,682 Relief of poverty Progressio ‘Waterproof Campaign’ CAFOD 5,000 750 5,750 Grants to 30 projects 360,577 366,327 Work in Mission Territories Zimbabwe Province Society of Jesus 2,116,926 Jesuit Missions-grants overseas 699,229 Guyana Region, Society of Jesus 372,298 Harare Archdiocese 330,000 South Africa Region 303,294 Jesuit Fathers, Society of Jesus 150,000 3,971,747 Youth, Media & Dialogue Activities Funds for Social Justice UK 19,635 Human Diginity Conference 10,000 Young Christian Workers 5,000 Invocation Conference 5,000 39,635 6,506,391 Summary Pastoral Service Education/Formation Relief of Poverty Work in Mission Territories Youth, Media & Dialogue Activities 10,000 2,118,682 366,327 3,971,747 39,635 6,506,391 41 Jesuits in Britain 8 9 Governance Costs Unrestricted Funds £’000 Restricted Funds £’000 Total 2012 £’000 Total 2011 £’000 Fees to auditors 62 - 62 64 Trustees’ meeting expenses 80 - 80 68 Trustees’ liability insurance 8 - 8 8 150 - 150 140 Total 2012 £’000 Total 2011 £’000 Trust auditors 35 34 Other auditors 27 30 22 19 1,729 1,719 Total 2012 £’000 Total 2011 £’000 11,706 11,295 958 914 1,054 1,058 13,718 13,267 2012 Number 2011 Number Teaching staff 252 247 Administration and domestic staff 251 207 Total 503 454 Net Incoming/(Outgoing) Resources for the year before Investment Gains This is stated after charging: Auditors’ remuneration (excluding VAT) Audit fees Other fees (Trust and other auditors) Depreciation (note 12) 10 Staff Costs and Trustees’ Remuneration Wages and salaries Social security costs Pension contributions The average number of employees in the year was 454 (2011 - 454). The number of employees who earned £60,000 per annum or more (including taxable benefits but excluding employer’s pension contributions) during the year was as follows: 42 2012 2011 £60,001 - £70,000 6 9 £70,001 - £80,000 1 1 £80,001 - £90,000 1 - £90,001 - £100,000 - - Over £100,000 1 1 Annual Report 2011-12 Contributions are made to the Teachers’ Superannuation Scheme, a defined benefit scheme, in respect of all of the above employees earning in excess of £60,000 per annum (as defined above). As members of the Society, the trustees’ living and personal expenses during the year were borne by the Trust, but they received no remuneration for services as trustees. With authority from the Charity Commission, the Trust has purchased insurance to protect the Trust from any loss arising from the neglect or defaults of its trustees, employees and agents and to indemnify the trustees or other officers against the consequences of any neglect or default on their part. The insurance premium paid by the charity during the year totalled £7,926 (2011 - £6,589) and provides cover of up to a maximum of £1 million (2011 - £1 million). 11 Taxation The 1921 and 1929 Trusts of the Society of Jesus in Great Britain and the Society of Jesus Charitable Trust are registered charities and are not liable for income tax or capital gains tax on income and gains derived from their charitable activities, as they fall within the various exemptions available to registered charities. 12 Tangible Fixed Assets Freehold Functional Land and Buildings £’000 Vehicles and Equipment £’000 Total £’000 103,833 1,959 105,792 Additions at cost 939 284 1,223 Transferred from investment properties 930 - 930 (1,566) (57) (1,623) 104,136 2,186 106,322 10,927 1,254 12,181 Charge for the year 1,500 229 1,729 Disposals (126) (56) (182) 938 - 938 13,239 1,427 14,666 At 30 September 2012 90,897 759 91,656 At 30 September 2011 92,906 705 93,611 At Cost or Valuation At 30 September 2011 Disposals At 30 September 2012 Depreciation At 30 September 2011 Impairment At 30 September 2012 Net Book Value 43 Jesuits in Britain The Trustees believe that the carrying value of the freehold land and buildings at 30 September 2012 is an accurate reflection of the current value of the assets. A full valuation of freehold property assets (excluding heritage assets) was undertaken by Stanton Mortimer providing a valuation as at 30 September 2001 on the basis of depreciated replacement cost. During the year, the Trustees reviewed this valuation and considered it to be still appropriate. Historic costs of all of the properties are not readily available. Where not available, historic costs have been taken as nil for the purposes of calculating the gains shown in note 23. All other assets are stated at cost less a provision for depreciation. In 2010 a contract for sale was signed for the Maresfield Property for £3,350,000. The completion of the sale is dependent on a number of conditions which have still yet to be met, therefore the sale of this property is not recognised in 2012 financial statements. The impairment charge is as a result of the revised valuation by Ryden, Property Consultants and Surveyors at March 2011 of the Heritage Property owned by St Aloysius College. 13 Churches and schools The Trust is the legal owner of the following properties which as permitted by SORP 2005 and explained below, are not valued for the purposes of these accounts. Boscombe: Corpus Christi Church Edinburgh: Sacred Heart Church London: Farm Street Church Manchester: Holy Name Church Preston: St Wilfrid’s Church, with Presbytery and Parish Hall Stamford Hill, London: St Ignatius Church Wimbledon, London: Sacred Heart Church Sheffield: Church of the Immaculate Conception (Spinkhill) The churches have belonged to the Trust for many years and details of their original cost are not available. All are functioning churches, and as such are neither readily marketable nor can be reliably valued. They are excluded from the balance sheet, as permitted by SORP 2005 paragraph 293. The Trust also holds works of art, book collections, and religious artefacts which currently serve the work of the Trust, but which have been excluded from the balance sheet. A market valuation for such assets is uncertain and, in any case, available only at an expense that appears to the Trustees to be out of proportion to any enhancement of the disclosure properly required in these accounts. 44 Annual Report 2011-12 14 Investments Total 2012 £’000 Total 2011 £’000 Market value at 1 October 2011 276,163 277,646 Less: Disposal proceeds (60,466) (92,887) 61,600 97,795 (930) - 27,789 (6,391) 304,156 276,163 252,698 218,097 3,644 6,823 47,814 51,243 304,156 276,163 236,865 247,848 56,620 53,238 UK 86,260 71,162 Europe 26,869 24,181 North America 51,379 40,699 Other 31,570 28,817 196,078 164,859 252,698 218,097 Total 2012 £’000 Total 2011 £’000 40,676 40,676 Add: Additions at cost Transferred to tangible fixed assets Net investment gains/(losses) Market value at 30 September 2012 Investments held at 30 September 2012 comprised the following: Listed investments Cash balances held by investment managers UK Investment properties Historic cost of investments at 30 September 2012 Analysis of listed investments Fixed interest Equities Market value of listed investments at 30 September 2012 15 Programme related investment Heythrop College Heythrop College Heythrop College was purchased by The Society of Jesus Trust of 1929 for Roman Catholic Purposes in February 2009 to provide a higher educational centre in Kensington, London for the promotion of the Roman Catholic faith. No income is to be generated through the purchase of the College and no rent is charged to Heythrop College. 45 Jesuits in Britain 16 Debtors: Amounts falling due within one year Total 2012 £’000 Total 2011 £’000 483 608 1,132 634 Prepayments and accrued income 121 163 Loans 300 2,509 Other debtors 375 3,298 2,411 7,212 School fees and similar charges for educational services Accrued investment income Included in other debtors is £57,000 relating to rental income not due until after more than one year. Included in loans is £21,500 relating to a loan to Old Wimbledon Association not due until after more than one year. 17 Short Term Deposits Total 2012 £’000 Total 2011 £’000 30,167 28,257 Total 2012 £’000 Total 2011 £’000 89 502 Non bank loans 100 100 School fees and similar charges for educational services received in advance 865 791 Taxation and social security 118 112 Held on behalf of Communities, Missions and Projects external to the British Province of the Society of Jesus 9,510 11,830 Grants committed 1,090 1,684 Deferred creditor relating to Heythrop College 2,000 2,000 11,610 2,090 25,382 19,109 Total 2012 £’000 Total 2011 £’000 Due within two to five years 437 2,948 Due after more than five years 560 2,842 997 5,790 172 180 5,500 7,500 Fixed term deposits 18 Creditors: Amounts falling due within one year Bank overdrafts & loans Expense creditors, accruals and other 19 Creditors: Amounts falling due after more than one year Bank loan (see below) School fees and similar charges for educational services received in advance Deferred creditor relating to Heythorp College Deferred Grants 7 6,669 46 13,477 Annual Report 2011-12 The bank loan at St John’s Beaumont has been secured by a negative pledge over the freehold property known as St John’s Beaumont given by the Trustees for Roman Catholic Purposes. The unsecured loan is interest free and repayable at one month’s notice. Donhead School has two HSBC bank loans. Loan one for the new building programme is repayable over 10 years at 1% above base rate. The terms of the repayments are interest only for the first two years and the whole amount to be repaid within the remaining eight years. The amounts remaining due after four years is expected to be £250,000. A guarantee for £240,000 has been given by the Trustees for Roman Catholic Purposes Registered. A second loan was taken out in the year for £800,000 at 2% above base rate. The liabilities is expected to be £240,000 over the next 5 years, with £560,000 due after 5 years. Heythrop College was purchased in February 2009. £27.176m was paid in cash at the completion date. A further £10m is payable over a period of 5 years in £2m instalments with the first payment due in December 2009. At 30 September 2012, £7.5m was payable, £2m due within one year (shown in deferred creditorsamounts falling due within one year) and £2m is payable with 2 - 5 years (shown in deferred creditoramounts falling due over one year). Interest at 3.5% per annum will be charged on these amounts, totalling £1,540,000 of interest payable. This will be included in the accounts when due. A further amount of £3.5m is also payable as part of the purchase price. This is included as deferred creditors– amounts falling due after more than one year. This relates to the payment for St Catherine’s House and is due when the current occupiers vacate the premises. 20 Restricted Funds Expenditure £’000 Transfers between funds £’000 At 30 September 2012 £’000 13 - - 216 335 798 (372) 60 9,477 7,666 370 701 (330) - 8,407 Missions Funds 1,912 2,207 - (1,252) (140) 2,727 South Africa 8,040 313 749 (213) - 8,889 23 9 - (19) - 13 5 - - - - 5 Young Priests (Osterley) 34,911 1,337 3,180 (885) - 38,543 Zimbabwe 27,441 1,035 2,542 (2,117) - 28,901 88,851 5,612 7,983 (5,188) (80) 97,178 At 1 October 2011 £’000 Incoming Resources £’000 Gains/ (Losses) £’000 197 6 Guyana 8,656 Harare Beaumont Educational Trust Restricted Donors Von Hugel Restricted funds are subject to specific conditions imposed by the donors. Beaumont Educational Trust exists to provide financial assistance for the education of boys and young men, especially those who have a connection with the former Beaumont College, a Jesuit establishment. It is a separate charity, registered no. 309142, the trustees of which are Trustees for Roman Catholic Purposes Registered. Guyana fund exists to support the Guyana Region of the Society of Jesus and works with which the Region is associated, or which it supports, for the purposes of education, the relief of poverty and the promotion of religion. Harare fund exists to support the Roman Catholic archdiocese of Harare in Zimbabwe and works with which the archdiocese is associated, or which it supports, for the purposes of education, the relief of poverty and the promotion of religion. 47 Jesuits in Britain 21 Jesuit Missions promotes missionary works in overseas countries by making grants to Christian missions, especially those of the Society of Jesus. South Africa fund exists to support the South African Region of the Society of Jesus and works with which the Region is associated, or which it supports, for the purposes of education, the relief of poverty and the promotion of religion. Von Hugel fund exists for the advancement of the Roman Catholic religion in the area of the Roman Catholic parishes of Boscombe and Iford near Bournemouth. It is a separate charity, registered no. 278966, the trustees of which are Trustees for Roman Catholic Purposes Registered. Young Priests (Osterley) fund exists to encourage and support candidates for priesthood in the Roman Catholic priesthood. Zimbabwe fund exists to support the Zimbabwe Province of the Society of Jesus and works with which that Province is associated, or which it supports, for the purposes of education, the relief of poverty and the promotion of religion. The transfer between restricted fund and designated funds represents investment income and pensions received by the Province on their behalf and transferred to Guyana Province (£60,000). The transfer in Missions Funds (£140,000) relates to contributions made by various Works to the Schools. Unrestricted Funds General funds Designated funds (note 22) 22 Expenditure £’000 Transfers between Funds At 30 Sept. 2012 £’000 2,886 (3,233) - 8,235 30,328 16,920 (31,865) 80 339,099 32,241 19,806 (35,098) 80 347,334 At 30 Sept. 2012 £’000 At 1 Oct. 2011 £’000 Incoming Resources £’000 Gains/ (Losses) £’000 6,669 1,913 323,636 330,305 Designated Funds Included within the unrestricted funds are designated funds totalling £344,059. These are amounts which have been set aside for specific purposes by the trustees and are as follows: At 1 Oct. 2011 £’000 Incoming Resources £’000 Gains/ (Losses) £’000 Expenditure £’000 Transfers between Funds £’000 Foundations 36,742 196 2,647 (3,530) (933) 35,122 Apostolic Works 75,113 2,754 2,732 (2,240) - 78,359 Formation 81,654 2,689 9,062 (1,685) - 91,720 Old Age 50,590 2,397 4,065 (2,257) (60) 54,735 5,331 197 463 (188) - 5,803 43,803 795 441 (663) - 44,376 Jesuit Development 502 50 33 (10) - 575 Jesuit Communities 18,089 - - (262) - 17,827 Local Trusts 2,733 18 5 (497) - 2,259 Sundry educational funds 7,864 19,951 - (19,632) 140 8,323 Society of Jesus Charitable Trust (1990 Trust) 1,215 1,281 (2,528) (901) 933 - 323,636 30,328 16,920 (31,865) 80 339,099 Personnel Support & Training Bellarmine Fund 48 Annual Report 2011-12 23 The Foundations fund represents the net assets designated for use by the Society’s various schools and other foundations, including the net book value of freehold land and buildings. Without the properties the Society would be unable to fulfil many of its charitable objectives. The value of the properties is not readily realisable and freehold land and buildings have therefore been set aside by the Trustees in a designated fund. The Apostolic Works fund is used to promote and support the works of the Society. The Bellarmine Fund subsumes the previous Heythrop Fund; the Trustees designate this fund primarily for the support of Heythrop College, but the fund is not designated solely for that purpose. The Jesuit Development fund receives a small number of covenanted donations for various projects of the Society. Local Trusts fund has been established to provide for the intended endowment of two independent schools. Sundry educational funds are used to assist the payment of school expenses. The Formation fund exists for the education and training of members of the Society. The Old Age fund is for the care of the elderly and sick members of the Society. The Personnel Support & Training fund exists to develop and train lay people who have shown commitment to the work of the Trust, especially in Ignatian formation. The Society of Jesus Charitable Trust fund exists to further the promotion of charitable work for the time being carried out by the Society of Jesus. This usually consists of making grants for the promotion of religion and educational purposes. The transfer of designated funds to the Foundations fund in the year represent movement in the valuation of the properties in the year. Analysis of Net Assets between Funds Unrestricted Funds General Fund £’000 Designated Funds £’000 Restricted Funds £’000 Total 2012 £’000 Tangible fixed assets - 91,470 186 91,656 Investments - 248,123 96,709 344,832 8,235 6,176 282 14,693 - (6,669) - (6,669) 8,235 339,100 97,177 444,512 Fund balances at 30 September 2012 are represented by: Net current assets Creditors: amounts falling due after more than one year Total net assets 24 Pension commitments Retirement benefits for academic employees of the Trust are provided by defined benefit schemes which are funded by contributions from the Society’s schools and the employees to the Teachers’ Superannuation Scheme and the Scottish Teachers’ Superannuation Scheme. In some cases contributions are made to personal pension schemes. Contributions to the defined benefit schemes are charged in the Statement of Financial Activities so as to spread the cost of the pensions over the employees’ working lives with the schools. 49 Jesuits in Britain Under the definitions set out in Financial Reporting Standard 17, Retirement Benefits, both defined benefit schemes are classed as multi-employer pension schemes. The Trust is unable to identify its share of the underlying assets and liabilities of the schemes. Accordingly, the Trust has taken advantage of the exemption in FRS 17 and has accounted for its contributions to the schemes as if they were defined contribution schemes. Both the Teachers’ Superannuation Scheme and the Scottish Teachers’ Superannuation Scheme are statutory, contributory, final salary schemes administered by the Teachers’ Pensions Agency (TPA) and the Scottish Teachers’ Superannuation Scheme (STSS) respectively. Under the schemes, which are unfunded schemes, contributions are credited to the Exchequer under arrangements governed by the Superannuation Act 1972. The schemes record contributions to notional funds which are deemed to be invested in Government securities. On 4 July 2012 the Chief Secretary to the Treasury confirmed that the Government will be taking forward legislation based on the reformed scheme design for the Teachers’ Pension Scheme to be introduced in 2015 as set out in the Teachers’ Pension Scheme – Proposed Final Agreement (‘the TPS agreement). The TPS agreement sets out the main parameters for both the provision of future benefits and the structuring of the future contributions to the TPS including the basis for increasing average employee contribution rates up to 2015. Under the TPS Agreement, employer contribution rates from 1 April 2012 are continuing at 14.1% with employee rates varying between 6.4% and 8.8%. For subsequent years, data and information is being collated to inform a Government review of the tiering structures in advance of the Department for Education consulting on contribution increases for 2013/14 onwards. The Government have set a gross cost ceiling for the main public service pension schemes of 21.7% with a net cost ceiling of 12.1% and an average employee contribution of 9.6%. The Government Actuary’s Department has in a report dated 9 March 2012 concluded that the TPS Agreement scheme design is within this required cost ceiling. The conclusion is dependent on and sensitive to the data, methodology and assumptions adopted and further details on these are available in the full Government Actuary’s report which is available on the Department for Education website. In the case of the Society’s Scottish school, the Trust participates in the Scottish Teachers’ Superannuation Scheme. The scheme is notionally funded and provides members with defined benefits based on final pensionable salary. The employer’s contributions are assessed every five years by the Independent Government Actuary. The employer’s and employee’s contribution rates are currently 14.9% and 6.4% respectively. The total pension cost in respect of the Scottish scheme for the year was £639,506 (2011 - £613,294). 25 Connected charities and related parties The Trustees for Roman Catholic Purposes Registered is also the trustee for the following charities. The Society of Jesus Charitable Trust (1990 Trust) (Registered Charity No. 803659) The 1990 Trust uses the same principal office and has objects similar to many of those of the 1921 and 1929 Trusts. It is funded from the 1921 and 1929 Trusts by loans, and the amount due from the 1990 Trust at 30 September 2012 was £27,328,224 (2011- £27,192,263). The Society of Jesus Charitable Trust (1990 Trust) (Registered Charity No. 803659) (continued) All receipts and payments relating to the 1990 Trust’s activities are received by the 1921 and 1929 Trusts as the 1990 Trust does not have a separate bank account. All such amounts are dealt with through current accounts. St Aloysius Charitable Fund (Registered Charity No 290276) The St Aloysius Charitable Fund donated £80,000 (2011 - £60,000) to the Trust during the year ended 30 September 2012. 50 Annual Report 2011-12 26 Financial commitments At 30 September 2012, the Trust had the following financial commitments: Due within one year Total 2012 £’000 Total 2011 £’000 19 84 27 Capital commitments At 30 September 2012, the Trust had the following capital commitments: Due within one year Total 2012 £’000 Total 2011 £’000 - 337 28 Contingent assets Contingent assets have arisen from the transfers of schools to separate charitable assets. On 1 September 2009 Stonyhurst College and its trading subsidiary Stonyhurst College Development Limited were transferred to a separate charitable trust. Included in the transfer were buildings valued at £18.1m, a £4m transfer of restricted funds and a £21.7m cash transfer. This cash transfer was made with a condition that £16m remains in the Balance Sheet of Stonyhurst New Trust and is a contingent asset repayable to The Society of Jesus if the activities of Stonyhurst College change. £1.8m is also held by Mount St Mary’s (a school transferred to a separate trust in 2007) and is repayable to The Society of Jesus in certain circumstances such as closure. 29 Ultimate control The Declaration of Trust dated 20 March 1929 provides that new trustees shall be appointed by resolution of the existing trustees and therefore, in the opinion of the trustees, the trustees are the ultimate controlling party. 30 Post balance sheet events – Transfer of St Aloysius College In October 2012, St Aloysius College was transferred to a separate charitable trust. To date, £9.446m has been transferred to the new charitable trust which is included in creditors at the year end. 51 Produced by the Jesuits in Britain Development and Communications Office 114 Mount Street London W1K 3AH 020 7499 0285 ollow us on Facebook - facebook.com/jesuitsinbritain The Jesuits in Britain and Jesuit Missions produce a 24 page magazine Jesuits and Friends three times a year. To subscribe please call Jesuit Missions 020 8946 0466 Image: Diaconate ordinations at Sacred Heart Church, Wimbledon, April 2012