2021-12-31-accounts - The Christian Institute

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Reference and Administrative Details	Reference and Administrative Details
Trustees Report		2 to 8
Independent Auditors'	Report	9to 12
Statement of Financial	Activities	13
Statement of Financial	Activities	14
Balance Sheet		15
Statement ofCash Flows		16
Notes to the Financial	Statements	17to 33

Trustees					Rev Dr R D Tumbull
					Mr R L Badams
					Rev R P Bentley-Taylor
					Mr J Burn OBE
					Rev G R Curry
					Rev D RJ Holloway
					Mr TEJames
					Mr M TSJudge
					Rev J H A Leggett
					Mr KJ Nelson MBE
					Rev Dr WJ U Philip
					Dr P A Robinson
Key Management		Personnel			Mr C Hart (Chief Executive) Mr SCalvert (Deputy Director)
					Mr C Kelly (Deputy	Director)
					Mr J Erdington (Head ofOperations)
					Mr D Greatorex (Head ofResearch)
					Mr SWebster (In-house Solicitor)
Registered	Office				Wilberforce House 4 Park Road
					Gosforth Business Park
					Newcastle upon Tyne
					NE12 8DG
					The charity is incorporated		in England	and Wales.
Company	Registration			Number	02634440
Charity Registration			Number		1004774
Scottish Charity registration					SC039220
number
Bankers					Bank ofScotland
					London
					33Old Broad Street
					London
					EC2N 1HZ
Auditor					Azets Audit Services
					Bulman House
					Regent Centre
					Gosforth
					Newcastle upon Tyne
					NE3 3LS

Recognised	Gains	and	Losses)
					Total	Total
			Unrestricted	Restricted	2021	2020
		Note			6	E
Income and Endowments Donations and legacies Investment income Other income		from: 3 5	3,020,359 3,718 2,719	621,246 1,320	3,641,605 5,038 2,719	3,193,343 7,601 5,901
Total Income			3 026,296	622,566	3,649,362	3,206,845
Expenditure on: Raising funds Chadtable activities Other expenditure		6 7 8	(26,704) (2,561,355) ~2,084	(24,797) (544,613)	(51,501) (3,105,968) ~02,084	(26,675) (2,954,955) ~2,296)
Total Expenditure			(2,590,143)	(569,410)	(3,159,553)	(2,983,926)
Gains/losses on investment assets		16	15,435		15,435	3,268
Net income			452,088	53,156	505,244	226,187
Net movement in funds			452,088	53,156	505,244	226,187
Reconciliation of	funds
Total funds brought	forward		2,749,443	182,265	2,931,708	2,705,521
Total funds carried	forward	23	3,201,531	235,421	3,436,952	2,931,708

Recognised Gains	and Los	ses)
					Total
		Note	Unrestricted f	Restricted f	2020f
Income and Endowments Donations and legacies Investment income	from:	3 4	3,030,740 4,760	162,603 2,841	3,193,343 7,601
Other income		5	5,901		5,901
Total income			3,041,401	165,444	3,206,845
Expenditure on: Raising funds Chadtable activities Other expenditure		6 7 6	(23,194) (2,523,330) ~2,296	(3,481) (431,625)	(26,675) (2,954,955) ~2,296
Total expenditure Gains/losses on investment	assets		(2,548,820) 3,268	(435,106)	(2,983,926) 3,268
Net income/(expenditure)			495,849	269,662	226,187
Net movement in funds			495,849	(269,662)	226,187
Reconciliation offunds
Total funds brought fonvard			2,253,594	451,927	2,705,521
Total funds carried forward		23		182,265	2,931,708

Balance	She	et	as	at 31 December 2021
						2021	2020
					Note
Fixed assets
Tangible assets Investments					15 16	1,628,598 124,572	1 682 563 54,137
						1,753,170	1,736,700
Current assets
Stocks					17	4,716	5,536
Debtors					18	182,962	240,949
Cash at bank	and	in hand				1,875,366	1,371,451
						2,063,044	1 617936
Creditors: Amounts			falling due within one year			(373,262)	~(236,73(
Net current assets						1,683,782	1,367,205
Total assets	less	current		liabilities		3,436,952	3,103,905
Creditors: Amounts			falling due after more than one year		20		~(172,117
Net assets						3,436,952	2,931,708
Funds ofthe	charity:
Restricted						235,421	182,265
Unrestricted	income		funds
Unrestricted						3,201,531	2,749,443
Total funds					23	3,436,952	2,931,708

Statement ofCash F	lows for t	he Year	Ended 3	1 December	2021
				2021	2020
			Note		8
Cash flows from operating activities
Net cash income				505,244	226,187
Adjustments to cash flows from non-cash Depreciation Investment income Revaluation of investments		items	10, 15 4 16	53,965 (5,038) ~15,435)	60,470 (7,601) (3,268)
				538,736	275,788
Working capital adjustments Decrease in stocks			17	820	1,330
Decrease/(increase) in debtors Increase in creditors			18 19	57,987 214,629	(189,185) 11,696
Net cash flows from operating	activities			812,172	99,629
Cash flows from investing activities
Interest receivable and similar	income		4	5,038	7,601
Purchase oftangible fixed assets			15		(15,613)
Sale oftangible fixed assets Purchase of investments			16	~755,000	29,880
Net cash flows from investing	activities			(49,962)	21,868
Cash flows from financing activities Repayment ofloans and borrowings			15 20	~255„295	~56,765
Net increase in cash and cash	equivalents			503,915	64,732
Cash and cash equivalents at	1 January			1,371451	1,306,719
Cash and cash equivalents at	31 December			1,875,366	1,371,451

3 Income from		donations and	legacies
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
			6	F	6	6
Donations and legacies; Donations			2,771,671	621,246	3,392,917	2,761,714
Legacies			187,938		187,938	365,629
Grants, including Grants		capital grants;	60,750		60,750	66,000
Total for 2021			3,020 359	621,246	3,641,605	3,193,343
Total for 2020			3,0311740	162603	3,163,343
4 Investment	income
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
			5	F		5
Interest receivable		and similar
income;
Interest receivable on bank deposits			3,718	1,320	5,038	7,601
Total for 2020			4,760	2,841	7,601
5 Other income
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
			5	F	6
Sale ofbooks and		CDs	2,719		2,719	5,901
Total for 2020			5,901		5,901

	Unrestricted
			Total		Total
	General	Restricted	2021		2020
	E	E	E		E
Staff- wages and salaries Staff - Social Security costs Staff - Pension costs	293 28 46			293 28 46	195 19 31
Office- Printing, postage and stationery Bank and financial charges General expenses	11,333 14,952 52	15,609 9,188	26,942 24,140 52		10,625 15,774 31
	26 764	24,797	51,501		26,675

7 Expenditure	on char	itable	activities	activities
			Unrestricted
						Total	Total
			Designated 6	General F	Restricted	2021 6	2020 6
The furtherance	and
promotion ofthe	Christian
religion in the UK and elsewhere			70,324	957,525	430,229	1,458,078	1,257,784
Staff costs Governance				1,518,937 14,569	114,384	1,633,321 14,569	1,684,905 12266
Total for 2021			10324	2 491031	544 613	3 105969	2954 955
			Activity	Activity
			undertaken directly 6	support costs 6		2021 6	2020 6
The furtherance	and promotion
ofthe Christian religion UK and elsewhere (note Governance costs (note		in the 9) 9)	3,091,399		14,569	3,091,399 14,569	2,942,689 12,266
			3,091399		14,569	3,105,968	2,954,955

8 Other	expe	nditure
					Unrestricted
						Total	Total
					General	2021	2020
					F	6
Purchase	cost	of books	and	CDs	2,084	2,084	2,296
					2,084	2,084	2,296

Charitable activities expendi	ture	ture
	Unrestricted
				Total	Total
	Designated 6	General 6	Restricted 6	2021 8	2020 6
Staff - Wages and Salaries Staff - Social Security costs Staff - Pension costs		1,210,994 117,878 190,065	91,249 8,839 14,296	1,302,243 126,717 204,361	1,343,606 129,985 211,313
Rent and rates		37,457	2,771	40,228	38,218
Light and heat Repairs and maintenance Insurance	70,170	17,914 66,729 9,253	1,346 6,284 4,870	19,260 143,183 14,123	16,747 39,732 13,284
Computer costs Travel costs	154	32,075 52,342	1,881 2,989	33,956 55,485	35,955 51,969
Professional fees		94,768	397,899	492,667	393,034
Office - Telephone		22,724	1,708	24,432	26,064
Office - Printing, postage and stationery		435,521	6,500	442,021	421,422
Office - Equipment		51,154	2,451	53,605	49,772
Depreciation Reference materials		53,965 72,812	1,310	53,965 74,122	60,470 65,162
Bank and financial charges		2,355	177	2,532	4,013
Conference and meeting costs		2,598		2,598	4,766
General expenses		800	43	843	1,017
Mortgage Interest Fixed asset disposal		5,058		5,058	8,055 28,105
	70,324	2,476,462	544,613	3,091,399	2,942,689

Governance cos	ts
			Unrestricted
			funds	Total	Total
			General	2021	2020
			6		6
Staff costs
Wages and salaries Social security costs Pension costs			2,038 196 333	2,038 196 333	1,929 183 312
Audit fees
Audit ofthe financial		statements	4,620	4,620	4,440
Other governance	costs		7,382	7,382	5,402
			14,569	14,569	12,266

10Net incoming/outgoing
Net incoming resources for the year include:
	2021	2020
Audit fees	4,620	4,440
Other services- see note 13 Depreciation offixed assets	2,340 53,555	2,220 60,470

12Staff costs
The aggregate payroll costs were as follows;
	2021	2020f
Staffcosts during the year were: Wages and salaries Social security costs Pension costs	1,304,574 126,941 204,740	1,345,731 130,187 211,656
	1,636,255	1,687,574

charity dur	ing the year was as follows:
		2021		2020
		No		No
Charitable	staff		48		50

s was:
2021	2020
No	No

13 Auditors' remuneration
	2021	2020
		6
Audit of the financial statements	4,620	4,440
Other fees to auditors
All other non-audit services	2,340	2,220

15Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
	6	6	F
Cost
At 1 January 2021	2,134,072	256,886	2,390,958
At 31 December 2021	2,134,072	256,886	2,390,958
Depreciation At 1 January 2021 Charge for the year	483,428 42,682	224,967 11,283	708,395 53,965
At 31 December 2021	526,110	236,250	762,360
Net book value
At 31 December 2021	1,607,962	20,636	1,628,598
At 31 December 2020	1,666,644	31,919	1,682,563

16 Fixed asset investments	16 Fixed asset investments	16 Fixed asset investments
						2021	2020
Investment-	COIF Charities		Investment		Fund	124572	54,137
Investments
						Listed
						investments	Total
							8
Cost or Valuation
At 1 January Additions	2021					54,137 55,000	54,137 55,000
Revaluation	gain					15,435	15,435
At 31 December 2021						124,572	124,572
Net book value
At 31 December 2021						124,572	124,572
At 31 December 2020						54,137	54,137
The historical cost ofthe investment				is	F105,000.
17Stock
						2021	2020
Resources,	including	books	and CD's			4,716	5,536
18Debtors
						2021	2020
							F
Gift Aid tax	refunds					40,590	44,829
Legacies Other debtors						129,975 12,397	180,662 15,458
						182,962	240,949

19Creditors: amounts	falling due within one year	falling due within one year	falling due within one year
				2021	2020
				6	6
Bank loans					86,098
Trade creditors				119,744	157,433
Accruals				259,518	7,200
				375,262	255,731
20 Creditors: amounts	falling due after	more than one year
				2021	2020
				r.	6
Bankloans					172,197
Included in the creditors	are the following	amounts	due after more than	five years:
				2021	2020
After more than five years by instalments					15,147

23 Funds
	Balance at1 January 2021	Incoming resources	Resources expended f	Other recognised Transfersgains/(losses) 6 8		Balance at 31 December 2021 6
Unrestricted funds
General
Unrestricted Operating Fund	755,858	3,026,796	(2,465,854)	(291,354)		1,025,446
Unrestricted Fixed Asset Fund	1,454, 148		(53,965)	228,415		1,628,598
Unrestricted- Fixed Asset Investment Fund	54,137			55,000	15435	124572
	2264143	3 026 796	02~519819	~7939	15435	2 778616
Designated Legacy Fund Growth Fund	485,300		(70,170)	(127,531) 105,470		357,769 35,300
Republic of Ireland Fund			~154)	30,000		29,846
	485,300		(70,324)	7,939		422,915
Total unrestricted funds	2,749,443	3,026,796	(2,590,143)		15,435	3,201,531
Restricted funds
Legal Defence Fund Growth Fund	181,715 550	621,246 1,320	(567,540) ~1,870			235,421
Total restricted funds	182,265	622,566	~569,410			235,421
Totalfunds	2,931,708	3,649,362	(3~159,553		15,435	3,436,952

		Unrestricted	Unrestricted
		General f	Designated f	Restricted f	Total funds f
Tangible fixed assets Fixed asset investments		1,628,598 124,572			1,628,598 124,572
Net current assets/(liabilities)		1,025,446	422,915	235,421	1,683,782
Total net	assets	2,778,616	422,915	235,421	3,436,952
		Unrestricted
					Total funds
					at 31
					December
		General f	Designated f	Restricted f	2020f
Tangible fixed assets Fixed asset investments		1,682,563 54,137			1,682,563 54,137
Net current assets/(liabilities) Creditors over 1 year		699,640 ~172,197	485,300	182,265	1,367,205 (172,197)
Total net	assets	2,264,143	485,300	182,265	2,931,708

25 Analysis of ne	t funds
				At 31
		At 1 January 2021f	Financing cash flows f	December 2021 F
Cash at bank and	in hand	1,371,451	503,915	1,875,366
Debt due within one year		(86,098)	86,098
Debt due after more than one year		(172,197)	172,197
Net funds		1,113,156	762,210	1,975,366
				At 31
		At 1 January	Financing	December
		2020	cash flows f	2020f
Cash at bank and	in hand	1,306,719	64,732	1,371,451
Debt due within one year Debt due after more than one year		(64,704) ~250,356&	(21,394) 78,159	(86,098) ~172,797
Net funds		991,659	121,497	1,113,156