2022-12-31-accounts - Pioneers UK Ministries

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NEERS REACHING FORGOTfEN PEOPLES 000 ANNUAL REPORT. 2022

							2022	2021
				Unrestricted	Restricted	Endowment	Total	Total
			Notes	funds	funds	funds f	funds 5	funds 5
INCOME AND ENDOWMENTS
FROM
Donations and legacies			3	1,272,407	172,096		1,444,503	1,704,195
Other trading activities Investment income Other income			4 5	133,873 20,254 508			133,873 20,254 508	124,595 11,229 2,177
Tote I				1,427,042	172,096		1,599,138	1,842,196
EXPENDITURE ON
Raising funds			6	73,036			73,036	49,630
Charitable activities			7
UK Ministries				567,978			567,978	445,370
Overseas Ministries Support ofprojects Infrastructure				736,748 515,719	118,920		736,748 118,920 515,719	496,195 71,397 428,898
Total				1,893,481	118,920		2,012,401	1,491,490
Net gains/(losses) investments	on			(68,764)		(286)	(69,050)	112,065
NET INCOME/(EXPENDITURE)				(535,203)	53,176	(286)	(482,313)	462,771
Transfers between		funds	19	(6,257)	6,257
Other recognised
gains/(losses)
Gains on revaluation		offixed
assets				1,900			1,900
Net movement in funds				(539,560)	59,433	(286)	(480,413)	462,771
RECONCILIATION		OF FUNDS
Total funds brought		forward		1,910,052	125,747	67,703	2,103,502	1,640,731
TOTAL FUNDS CARRIED
FORWARD				1,370,492	185,180	67,417	1,623,089	2,103,502

		31De	cember 2022
					2022		2021
		Unrestricted	Restricted	Endowment	Total		Total
FIXEDASSETS	Notes	funds f	funds F	funds f	funds f		funds
Tangible assets Investments	14	4,680			4,680		6,044
Investments Investment property	15 16	860,973 181,000		67,417	928,390 181,000		1,012,883 179,100
		1,046,653		67,417	1,114,070	1,198,027
CURRENT ASSETS
Debtors Cash at bank and in hand	17	51,173 305,917	185,180		51,173 491,097		332,808 604,145
		357,090	185,180		542,270		936,953
CREDITORS
Amounts falling due within one
year	18	(33,251)			(33,251)		(31,478)
NET CURRENT ASSETS		323,839	185,180		509,019		905,475
TOTAL ASSETSLESS
CURRENT LIABILITIES		1,370,492	185,180	67,417	1,623,089	2,103,502
NET ASSETS		1,370,492	185,180	67,417	1,623,089	2,	103,502
FUNDS	19
Unrestricted funds Restricted funds Endowmentfunds					1,370,492 185,180 67,417	1,910,052 125,747 67,703
TOTAL FUNDS					1,623,089	2,103,502

			Pioneers UK fifiinistries
			Cash Flow Statement
		for	the Year Ended 31December	2022
				2022	2021
			Notes		5
Cash flows from operating activities Cash generated from operations			1	(128,736)	47,601
Net cash (used in)/provided	by operating	activities		(128,736)	47,601
Cash flows from investing activities Purchase oftangible fixed assets Sale offixed asset investments				(796) 15,444	(3,624) 4,706
Interest recewed				1,040	1,035
Net cash provided by investing activities				15,688	2,117
Change in cash and cash the reporting period	equivalents	in		(113,048)	49,718
Cash and cash equivalents beginning ofthe reporting	at the period			604,145	554,427
Cash and cash equivalents the reporting period	at the end	of		491,097	604,145

ACTIVITIES	NET CASH F	LOW FROIN OPERATIN	G
		2022	2021
Net (expenditure)/income forthe reporting Statement ofFinancial Activities) Adjustments for:	peiiod (as per the	5 (482,313)	462,771
Depreciation charges Losses/(gain) on investments Interest recewed		2,160 69,050	1,415 (112,065)
Decrease/(increase) in debtors Increase in creditors		(1,040) 281,634 1,773	(1,035) (305,942) 2,457
Net cash (used in)/provided by operations		(128,736)	47,601

		At 1.1.22	Cash flow	At 31.12.22
Net cash		5
Cash at bank and	in hand	604,145	(113,048)	491,097
		604,145	(113,048)	491,097
Total		604,145	(113,048)	491,097

DONATIONS AND LEGACIES
Donations Legacies			2022f 1,441,738 2,765	2021 6 1,275,070 429,125
			1,444,503	1,704,195
	2022	2022	2022	2021
	Unrestricted	Restricted
	funds	funds	Total	Total
Donations:	6	6		6
UK Ministries Overseas Ministries Support ofprojects Infrastructure	460,573 592,195 216,874	172,096	460,573 592,195 172,096 216,874	406,336 459,065 105,479 304,190
Legacies	1,269,642 2,765	172,096	1,441,738 2,765	1,275,070 429,125
	1,272,407	172,096	1,444,503	1,704,195
OTHER TRADING ACTIVITIES
Admin fee income			2022 f 133,873	2021 6 124,595
INVESTMENT INCOME
Rents recewed Investment income Deposit account interest			2022f 17,277 1,937 1,040	2021 5 8.465 1,729 1,035
			20,254	11,229

Raising donations and	legacies
		2022 f	2021f
Staff costs		26,884	22,531
Travel		236	64
Rates and water		3,226	2,887
Insurance		163	130
Telephone Postage and stationery Sundries		979 9,246	1,233 4,881
Promotions activity Travel		677 603	338 219
Internet/email		362	306
Books / literature		201
Computer support Photocopier Staff training Staff conference		682 85 471 314	729 37 758 452
Office equipment support Bank charges		671 534	776 502
Fundraising costs		1,871
Depreciation		648	367
		47,853	36,274
Other trading activities
		2022	2021
		E	6
Staff costs - mobilisation		9,418	8,415
Trustees' expenses		321	235
		9,739	8,650
Investment management	costs
		2022	2021
			E
Portfolio management		15,444	4,706
Aggregate amounts		73,036	49,630

			Grant
			funding of
			activities	Support
		Direct	(see note	costs (see
		Costs 8	8)f	note 9) f	Totals f
UK Ministries		567,978			567,978
Overseas	Ministries	725,569		11,179	736,748
Support ofprojects Infrastructure		85,843	118,920	429,876	118,920 515,719
		1,379,390	118,920	441,055	1,939,365

GRAN	TS PAYABLE
					2022	2021
Support	ofprojects				118,920	5 71,397
The total grants paid to institutions			during the year was as follows:
					2022	2021
2021					5
2022					118,920	71,397
					118,920	71,397
The following Institutions		were the	recipients	ofthe grants made during the year:
					2022 f	2021 5
Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers Pioneers	Europe UK Nigeria South Sudan Dem Rep Congo Kenya Uganda Ghana Nepal South Kosovo overseas				15,869 6,062 9,731 2,199 8,143 74,211 2,705	11,100 36,162 7,687 2,858 3,666 1,120 5,000 1,809 1,995
					118,920	71,397
SUPPORT COSTS
					Human	Head
Overseas Ministries Infrastructure				Finance f 157,500	resources 5 1,117 82,869	office 5 4,335 59,278
				157,500	83,986	63,613
					Governance
				Mobilisation	costs	Totals
Overseas Ministnes Infrastructure				E 91,465	5,727 38,764	8 11,179 429,876
				91,465	44,491	441,055

Finance
					2022	2021
						Total
					Infrastructure	activities
					E	E
Wages Social secunty Pensions					122,009 8,451 12,392	91,857 7,875 9,528
Sundries					9,843	12,063
Bank charges					4,805	4,522
					157,500	125,845
Human	resources
					2022	2021
			Overseas		Total	Total
			Ministnes	Infrastructure	activities	activities
			E		E
Wages Social security				56,383 4,536	56,383 4,536	50,114 4,505
Pensions				7,227	7,227	6,588
Telephone Sundries				13,841	13,841	577 5,067
Travel			1,117	882	1,999	1,104
			1,117	82,869	83,986	67,955
Head office
					2022	2021
			Overseas		Total	Total
			Ministries	Infrastructure	activities	activities
				E	E	E
Rates and water				28,555	28,555	25,986
Insurance				1,900	1,900	2,371
Postage and stationery ITexpenses Staff training Staff conferences			4,335	2,909 9,393 4,202 3,994	2,909 9,393 4,202 8,329	4,998 9,313 6,822 4,788
Repairs and		renewals		8,325	8,325	6,986
			4,335	59,278	63,613	61,264
Mobilisation
					2022	2021
						Total
					Infrastructure	activities
					E	E
Wages Social security Pensions					71,926 4,304 8,535	64,060 4,392 7,278
Travel					1,770	871
Promotions		activity			4,930	465
					91,465	77,066

Governance costs
							2022	2021
				Overseas			Total	Total
Trustees' expenses Auditors' remuneration Auditors' remuneration for non Legal and professional fees Conference Membership/subscriptions	audit work			Ministries 6 5,727		Infrastructure 5 4,459 13,712 2,100 3,024 10,063 5,406	activities F 10,186 13,712 2,100 3,024 10,063 5,406	activities 4,475 12,024 1,800 3,144 3,762 9,345
					5,727	38,764	44,491	34,550
NET INCOME/(EXPENDITURE)
Depreciation Travel							2022 f 2,160 5,675	2021 1,174 2,830
AUDITORS' REMUNERATION
							2022	2021
Fees payable to the charity's auditors and charity's financial statements Auditors' remuneration for non audit work			their associates for the			audit ofthe	5 13,712 2,100	6 12,024 1,800
TRUSTEES' REMUNERATION	AND	BENEFITS
There were no trustees' remuneration ended 31 December 2021.		or	other benefits		for the year ended 31 December 2022 nor for the yea
Trustees' expenses
During the year 5trustees were reimbursed			a total 610,186(2021:64,475) for expenses.
STAFF COSTS
Wages and salaries Social security costs Other pension costs							2022f 995,476 57,443 92,064	2021 5 779,180 45,516 81,180
							1,144,983	905,876
The average monthly number ofemployees			during	the year was as		follows:
Overseas and city ministries staff UK office							2022 46 12	2021 39 12
							58	51

14.	TANGIBLE FIXEDASSETS
		Fixtures
		and
		flttmgs f
	COST
	At 1 January 2022 Additions	8,204 796
	At 31 December 2022	9,000
	DEPRECIATION
	At 1 January 2022 Charge for year	2,160 2,160
	At 31 December 2022	4,320
	NET BOOK VALUE
	At 31 December 2022	4,680
	At 31 December 2021	6,044
15.	FIXEDASSET INVESTMENTS
		Listed
		investments
		f
	MARKET VALUE
	At 1 January 2022 Disposals Revaluations	1,012,883 (15,444) (69,049)
	At 31 December 2022	928,390
	NET BOOK VALUE
	At 31 December 2022	928,390
	At 31 December 2021	1,012,883

Cost or v	alu	ation at 31 December 2022 is represented by
			Listed
			investments
Valuation	in	2022	(84,493)
Cost			1,012,883
			928,390

DEBTORS:A	MOUNTS F	ALLING DUE WITHIN ONE YEAR
			2022	2021
Other debtors Prepayments	and accrued income		6 37,444 13,729	6 332,808
			51,173	332,808
CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR
Trade creditors Social security and other taxes Other creditors Accrued expenses			2022 f 152 13,009 71 20,019	2021 6 11,825 4,424 15,429
			33,251	31,478

MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.1.22 f	in funds 8	funds f	31.12.22 f
Unrestricted	funds
General fund Property fund		1,407,398 502,654	(533,303)	(6,257)	867,838 502,654
		1,910,052	(533,303)	(6,257)	1,370,492
Restricted funds
UK		1,636	7,683		9,319
Burkina Faso		4,299			4,299
Cameroon		2,954			2,954
Chad		51			51
Dem Rep Congo Ethopia Nigeria Sudan Pioneers Europe Sundry Uganda USA		56 22,858 5,673 30,709 15,080 1,572 723	(2,199) 17,437 (9,731) 1,096 749	2,199 4,058	56 40,295 30,709 16,176 2,321 723
Nepal Egypt Kosovo		38,300 880 794	38,141		76,441 880 794
Bosnia		162			162
		125,747	53,176	6,257	185,180
Endowmentfunds
The Simmonds The Sidmouth	bequest bequest	2,941 64,762	(164) (122)		2,777 64,640
		67,703	(286)		67,417
TOTAL FUNDS		2,103,502	(480,413)		1,623,089

Net movement	in funds,	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses	in funds f
Unrestricted	funds
General fund		1,427,042	(1,893,481)	(66,864)	(533,303)
Restricted funds
UK		23,552	(15,869)		7,683
Dem Rep Congo Nigeria Sudan Sundry Uganda Nepal		23,499 3,801 8,892 112,352	(2,199) (6,062) (9,731) (2,705) (8,143) (74,211)		(2,199) 17,437 (9,731) 1,096 749 38,141
		172,096	(118,920)		53,176
Endowment funds
The Simmonds The Sidmouth	bequest bequest			(164) (122)	(164) (122)
				(286)	(286)
TOTAL FUNDS		1,599,138	(2,012,401)	(67,150)	(480,413)

			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.21
Unrestricted	funds	8	8		f
General fund Designated Property fund		852,041 140,039 502,654	417,364	137,993 (140,039)	1,407,398 502,654
Restricted funds		1,494,734	417,364	(2,046)	1,910,052
UK Burkina Faso Cameroon Chad		4,299 2,954 51	1,636		1,636 4,299 2,954 51
Ethopia		56			56
Nigeria Kenya Sudan Pioneers Europe Sundry Uganda USA		12,154 812 5,673 41,810 13,927 723	10,704 (2,858) (11,101) 1,153 1,572	2,046	22,858 5,673 30,709 15,080 1,572 723
Nepal Egypt		1,522 '880	36,778		38,300 880
Kosovo Bosnia		2,603 162	(1,809)		794 162
Endowment funds		87,626	36,075	2,046	125,747
The Simmonds The Sidmouth	bequest bequest	2,595 55,776	346 8,986		2,941 64,762
		58,371	9,332		67,703
TOTAL FUNDS		1,640,731	462,771		2,103,502

Comparative	net movement in funds, included in	the above are	as follows
		Incoming	Resources	Gains and	Movement
		resources 6	expended	losses f	in funds
Unrestricted	funds
General fund		1,736,717	(1,422,087)	102,734	417,364
Restricted funds
UK		37,798	(36,162)		1,636
Nigeria Kenya Pioneers Europe Sundry Uganda Nepal Kosovo		18,391 1,153 6,358 41,778	(7,687) (2,858) (11,101) (4,786) (5,000) (1,809)		10,704 (2,858) (11,101) 1,153 1,572 36,778 (1,809)
		105,478	(69,403)		36,075
Endowmentfunds
The Simmonds The Sidmouth	bequest bequest			346 8,985	346 8,986
				9,331	9,332
TOTAL FUNDS		1,842,196	(1,491,490)	112,065	462,771
DETAILS OF	FUNDS HELD BYTHE CHARITY

Action Partners Corporation	2022	2022	2022	2021
	Unrestricted	Restricted	Total	Total
	5		5	5
Incoming resources
Expended resources
Net incoming resources for the year
Total funds brought forward
Total funds carried forward