2021-12-31-accounts

Annual Report		2-22
Independent Auditor's	Report	23 —26
Statement of Financial	Activities
Balance Sheet		2a
Cash plow Statement		29
Nates ta the accounts		30-44

			Linrestrlcted	Restrl~	Total All Funds	Total All Funds
			Funds	Funds
		Note			2021	2020
Income atsd endowments	from:		E		E	E
Donations and legades			954,522	718,253	1,672,775	1,222,427
Charitable activities				18,709	18,709	16,097
Other trading activities					1,003	1,622
Investments					44.668	51.033
Total			1,000,193	736,962	1„737,155	1,291,179
8cpendlture on.
Charitable activities			322.131	772,001	1,094,132	844,320
Other			32,216		32,216	31,846
'Total			354,347	772,001	1,126,348	876,166
Gains on investments		12	73,903		73,903	11,003
Net income/(expenditure)			719,749	(35,039)	684,710	4?6,016
Transfers between funds			(35,000)	35,000
Net Movement In Funds	forthe year		684,749	(39)	684,710	426,016
Reconciliation offunds: Total Funds brought forward at 1January 2021		16,17	2,525,254	633,022	3,158,276	2,732,260
Total Funds carried forward at 31 December 2021		16,17	3,210003	632,983	3,842,986	3,158,276

				Note	2ff21	2020
Net cash provided by/(used	in) aperating	ectiv&e		20	823,635	91,679
Ceeh flOrre ihvlrr fnvestfnf7	ectfvWee;
Proceeds frere sale ofinvestments					925,474	178,199
Interest Received Purchase ofi~ents					44,668 (1,$12,388)	55,033 (384,573)
Net cash provided by (used in) Investing sctfvttles					(542,268)	(157,341)
Change In cash end cash perte d	equivalents	in the	reporting		281,379	(65,662)
Cash end cash equivalents	at the beginning		ofthe
reporlng period					7OVR5	832,217
Cash and cash equivalents pefiocl	at the end	ofthe	reporting		1,047,935	766,555

Income from Do	nations	and Leg	acies
			2021				2020
	Donations		Donations			Donations	Donations
	—Non	Gift	-Gift Aid	Legacies		—Non Gift	-Gift Aid	Legacies
	Aid					Aid
Unrestricted
~Fr
General Fund	315,745		177.185			363,772	130,819
Legacy Fund				461,592				398,302
	315,745		177,185	461,592		363,772	130,819	398,302
Restricted
F~n
Welfare Fund	402,449		209,978	54,590		144,390	26,108	31,143
Buildings Fund	35,305					27.580
Project Aid Fund	89,146		26(785			76,756	21,050
Bible Fund						7	2500
	526.900		136.763	54.590		248.733	49,658	3L143
Total Funds			313,948	516,182		612MS	180477	429,445
				I.,672,775				1,222,427
Income from Charitable		Activities
				2021	2020
				f	f
Bible Missionary	Magazine Sales			18,709	16,097
Totals				18,709	16,097
Income from Other Trading Activities
				2021	2020
				f	E
Stamp Sales				883	1,278
Book Sales				120		344
Totals					1,622
Income from Investments
				2021	2020
				f	f
Interest receivable on short term deposits			cash	13,183	27,828
Dividend income				31,485	23,205
Totals				44,668	51,033

				2020	2020
		Grants	Cost Of Activities	Grants	Cost Of Activities
Unrestricted	Fun ds	E	E	f	f
General Fund		88,297	233,834	99,245	151,645
Legacy Fund
		88,297	233,834	99,245	151,645
Restricted Funds
V(elfare Fund		393,185	117,443	209,397	130,937
Disaster Fun d
Buildings Fund			101,918		,132,489
Project Aid Fund			130,044		88,770
BMM Fund			17,811		16,Z19
Bible Fund			11,600		15,618
		393,185	378,816	209,397	384,033
Total Funds		481,482	612,650	308,642	535,678
			1,094,132		844,320

					South	tI~
2021			East	West	East	West	BKRU	Other
			Africa	Africa	Europe	Europe
Unrestricted		Funds	E	E	E	E	E	6
General Fund			142,006	109,324	13,776	12,009	8,592	36,428
Legacy Fund
			142,006	109,324	13,776	12PDS	8,592	36,428
Restricted	Funds
Welfare Fvnd			146,538	62,437'	274,345	3,930	1,320	22558
Buildings Fund			33,741	68,177
project Aid	Fund		49,168	33,924	23,238		946	25,468
BMM Fund								17+11
Bible fund			7,242	4,158
			232,689	168,696	297,783	5,23ll		65,337
			374,695	278.020	311459	17,235		101,765
Total Funds								1.094,132

		fast	West	East	West	Other
		Ahica	Africa	Europe	Europe
Unrestricted	Funds	E	E	E	E	E
General Fund		122,710	91,700	23,674	(5,118)	17,924
Legacy Fund
		122,710	91,700	23,674	15,118)	17424
Restricted funds
Welfare Fund		95,577	62363		163,417
Buildings Fund		97,276	35,213
proiect Aid fund		39,257	M, MO	7,721	1,798	9,694
BMM Fund						16,219
Bible Fs nd		13,392
		245,502	%29,731	22,124	165,276	30,797
		368,212	221rU1	45,798	160,158	48,721
Totalfunds						844.320

	2021		2020
		NO.
Trustee Paymenta
Overseas trips - Trustees own costs	8,121	(5)	5,768	(4)
Non-TruSI»e cOStS paid vW TruStee	77,256	(7)	5943.1	(5)
Travel costs to ineetings
Offlc» expenses	337	(Lj		(1)
	85,714		6srU4

					2021	2D20
					f	f
stationery, Postages Costs		and other office			227
Mission News, including distrilbution
Zoom Charges					452
Bank Current Account 8 Exc.WU Charges					2,647	1,652
Corporate Insurance		Policy			62D	1,804
Investment advice	&Management				17,647	14,282
Just Giving Fees					216	216
Total GeneralFund		Support	Costs		21,809	17,954
AGM Costs, induding		Annual	Report			255
Audit Fee					5,970	5550
Legal &Professional		Costs			1,800
Trustee ExpenS»S
Trustee Indemnity	Insurance		Policy		2,637	7,787
Total General Fund		Governance		Cosis	1D,407	13,892
					32,216	31,846

OTES TO THE ACCOUNTS forthe ear e 1.Transfers between funds	OTES TO THE ACCOUNTS forthe ear e 1.Transfers between funds	nded 31 Decem	ber 2021
2021		Unrestricted	Funds		Restricted	Funds
Transfers between	Funds were made	General	Legacy	Buildings	BMM Fund	Bible Fund
as follows:
LegaCV tO General re Degdt Far Veer
Legacy to Restricted activities	Funds to fund		(35~)			35,000
Totals			(35PQO)			35,000
			f35,000)			35,000
2020		Unrestricted	Funds		Restrrcted	Funds
Transfers between	Funds were made	General	Legacy	Buildings	BMM Fund	Bible Fund
as follows:
Legacy to General re Defldt far yea r
Legacy to Restricted activttles	Funds tofund		(220.000)	200,000		20,000
Totals			(220,000)	200,000
			(220,0M}			220,&K'
,Fhred Assets —Investrsients
			Usted
			Investments		Cash	Total
Valuation at31Iiecember 2020		1,30~1	981,445		64,849	2,348~
Additions		7953%0	718,275		(187,643)	1,325,632
EHsposals		II7I32,591)	(ZZ2~)		222,883	(7I32,591)
Investment Charges					(17,647)	(17,647)
fqualisation				(877)	877
Investment inCOrne					31,485	31,485
Gate on Investments				73,903		73,903
Valuation at 81December 2021		1,395/X%	1,549,863		114,804	3c059667

,Cred	itors: amounts falling due	within one year
		2021	2020
		E	E
Other	Creditors	35,360		78,989
Totals		35,360		78,989

2021		East Africa	Wesc Africa	South Eas(	North West	BKRV	Other
				Europe	Europe
Unrestricted	Funds	E	E	E		E	E
General Fund		110,497	50,508	8,690	Br140	2+95	9420
Leaptcy Fund
		110,497	50,508	8,690		2395	9,420
Restricted Funds
Welfare Fund
Disaster Fund
Buildings Fund
Project Aid Fund
BMM Fund
Bible Fund
Total Funds		110,497	50,508	8,690	9,140	2,495	9,420
							190,750
2020		East Africa	West Africa	East Europe	west Europe	Other
Unrestricted	Funds	E			E
Genera I Fund		94,009	44,253	8,720	10,130
Legacy Fund
		94,009	44,253	8,720	10,130
Restricted Funds
Welfare Fund
Disaster Fund
Buildings Fund
Project Aid Fund
BMh/I Fund
Bible Fund
TaQI Funds		94,009	44,253	8,720	10,130
						157,112

Fund Balances at	31December 2021	31December 2021	31December 2021	Unrestricted	Unrestricted	Restricted
are represented	by:				Funds	Funds	Tocal
					f		E
investments					3,059,667		3,059,667
Current Assets					367,378	642,051	1,009,429
Current Liabilities					(26,292)	(9,068)	(35.360)
Constructive Liabilities					(190,750)		(190,750)
Totals					3,210,003	632,983	3,842,986
Fund Balances at	31December 2020			Unresulcted		Restricted
are represented	by;				Funds	Funds
					f		E
Investments					2,348,885		2,348,885
Current Assets					355,543	689,949	1,045,492
Current Liabilities					(22,062)	(56,927)	(78,989)
Constructive Liabilities					(157,112)		(157,112)
Totals					2,525,254	633,022	3,158,276
.Movement on funds		forthe Year
		Balance 01,01.21	Income		Expenditure	Transfers	Investment Gains	Balance 31,12.21
Unrestricted
Funds
General Fund		634,338	503,156		($36,701)			800,793
L~cy Fund		1390,916	497,037		(17,646)	(35,M0)	73,903	2,409,210
		2,525,254	1,000,193		(354,347)	(35,000)	73,903	3,210,003
Restncted Funds
yvdfare Fund		230,669	56'7,017		(510,628)			287,058
Buildings Fund		249,566		35,305	(101,918)			182,953
Project Aid Fund		120,631	115,931		[130,044)			106,518
BMM Fund		16,911		18,709	(17A11)			17/09
Bible Fund		15,245			(11,600)			38,645
		633,022	736,962		(772,001)	35,000		632,983
Tr)(pl Funds		3,158,276	1,737,155		(1,126,348)		73,903	3,842,986

2020	Balance 01.01.20	income	E~dlture	Tran Sic rt	Investment Gains	ealance 31.12.20
Unrestricted Funds	E	E				6
General Fvnd	398,040	504,753	(268,454)			634(338
Legacy Fund	L673,399	440,796	)14,282)	(22Q,QQQ)	11,QQ3	1,890,916
	2(07L(439	945,548	)282,735)	(22Q,QQQ)	11,003	2,525,254
Restricted Funds
Welfare Fund	369,362	201,641	(3(IQ,334)			230,669
BuQdings Fund	154,475	27~	(132,489)	2QQ,ON		249~
Project *id Fund	LL1(595	972K6	CSS,770)			120,631
Ba(IM Fvnd	L7,033	16,097	)16,219)			16,911
Bltde Fund	8,356	2,507	)15,628)	20,000		15,245
	660,821	345,631	(593,430)	22Q,QN		633,022
TOtal Fvnds	2,732,260	1,291,179	(876,166)		11,003	3,15$,276

		2021	2020
		E	E
Net Income/(espendlture)	forthe
reporting parted (as per the Statement of		684,710	426,016
Rnancfaf Activities)
Adjustments for:
(Increase)/decrease in debtors		267,487	(268,902)
Investment Income		(44,668)	(51,033)
Gains on investments		(73,903)	(11,003)
Increase/(decrease) in creditors		(9,991]	(3,399)
Net cash provided by/(used actlvNIes	In) operating	823,635	91,679
Aealysls ofCash and Cash	Equfvaleetz
Cash held in investments		114,805	64,849
Cash in hand		933,130	701,705
Total Cash and Cash Equivalents		1,047,935	766,554

The charley	had no net debt during the year.
22.Rnandal	instruments
			2021	2020
Carrying amount offinancial assets
Instruments	measured at fair value through	profit and loss	1,549,862	981,445