2022-10-31-accounts - Kings Church International

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Education	The King's House School, Windsor
the UK	The chariity operates a primary school for the Windsor community: an independent co-educational day school
	with a capacity for up to 75pupils. The school provides an integrated Chriistian education to children aged
	between 3and 13years that incorporates academic learning, character development, Biblical teaching and the
	positive experience ofan affirming Christian community.
Partnerships	G12 UK network ofchurches
8 conferences	The church's Senior Pastors are the UK Co-ordinators for churches following the G12 model pioneered by
	Misihn CarismAtica Internacional in Colombia. They provide support to other pastors and King's Church
	International also hosts an annual G12conference for those churches.
	Other Partnerships
	King's Church International works in close relationship with charities and churches in South Africa, Burkina Faso
	and elsewhere. Ten per cent (a 'tithe') ofour unrestricted donations income is set aside in a Designated
	Missions Fund to support other churches, relief and development work, and Christian projects in education.
Grant-	Grants are made predominantly to other Christian organisations: to support churches, relief and development
making	work and Christian projects in education and housing. Grants from the charity's Care Fund are made to
	individuals in financial need —emulating the early church in the way itcared for its poorer members.
	Requests for grants are assessed against the following criteria:
	Does it fit the objects ofthe charity?
	Is the trust in a financial position to commit the funds?
	Can the credibility ofthe recipient organisation or individual be established?
	Can the specific purpose ofany grant request be verified?
	Can the effectiveness ofthe grant be monitored?
	An analysis ofthe grants made is recorded in the notes to the accounts.
Volunteers	All the charity's activities are facilitated in some respect by dedicated volunteers, several hundred ofwhom give
	their time to assist in some way- for example fulfilling a role at the Sunday morning services, running a small
	group, assisting in the church office or working with children or youth.
	A voluntary internship is offered to those who want to give more substantial volunteer hours in service ofthe
	church and local community: typically, three days per week. The programme lasts for a year and participants	are
	provided with training seminars and on-the-job coaching together with the opportunity to serve for a short period
	with one ofour overseas partners. Interns provide a significant contribution to the charity's activities. They
	themselves develop valuable skills and an understanding oftheir own abilities and potential while working
	alongside people with experience and high standards in a motivated, inspirational and affirming environment.
Fundraising	The charity is committed to adhering to the highest ethical standards in the way we fundraise. Fundraising is
	conducted by our own staff (external fundraisers are not used) and is primarily done by having an 'offering'
	during Sunday services accompanied by Biblical guidance on money and giving. Donors are presented with
	several options for how to donate and informed there is no compulsion to give, to ensure vulnerable people do
	not sense a pressure to donate. Any complaints regarding fundraising are considered by the Governance
	committee ofthe Trustee Board although none were received in the year (2021:nil). Where donations are given
	for a specific purpose these are retained in a restricted fund (these funds are listed in note 15)and used only	for
	the purposes ofthat fund. We are committed to protecting our donor's personal data through adhering to the
	requirements of General Data Protection Regulations (GDPR).

chievements and	chievements and		perfor	ma	nce
Objectives for 2022							Achieved
Grow our	church congregations			in	both Windsor		Sunday attendance for the two congregations grew from an average of		286
and London.							in autumn 2021 to 306 in autumn 2022:a growth of7%.
Re-launch	the church's		children	and youth			The in-person activities ofthe church's youth and children's ministries	were
ministries	with in-person		events.				re-launched with new mid-week groups for 9-11s,12-13sand 14-17s
							commencing in June and weekly KCI Kids meetings taking place during
							our Sunday services from October onwards.
Apply to the Department			for Education to expand				The King's House School, Windsor successfully applied to the Department
The King's	House School, Windsor				by two		for Education for permission to expand by two additional school years	to
additional	school years		so we can		provide an		include years 7 and 8.The first class ofyear 7s commenced at the School
education	for our pupils		to the end		ofyear eight.		in September 2022.
Launch a	new training	programme			to enable		Instead of launching a new programme, the church decided to maximise
church leaders to develop and grow in their							the potential ofits existing training tools. Several teaching series were
ministry.							incorporated into the Sunday services including a series on the Beatitudes
							and a 'God is for you 'series. The G12UK Conference was re-launched
							post-COVID with 393delegates and included training from pastors of	MCI
							Bogota one ofthe most successful churches in the world. 488 people
							received training at our local church men's and women's conferences	and
							over 40 people participated in our one year Destiny Training leadership
							programme.
Locate possible sites for a new				church building		in	One property in particular was identified with potential for development		as
the Thames Valley.							a large church venue. Financing was arranged and a formal offer made		but
							the property was sold to a bidder with significantly greater funds.

Structure, governance, management and advisors	Structure, governance, management and advisors	Structure, governance, management and advisors
King's Church	International is a charitable trust governed by a trust deed dated 27 March 1994and is run by a Board ofTrustees.
The trustees delegate		the day-to-day running ofthe trust to senior management.
Trustees		Mike Airey
		Tim Holmes-Clough (retired on the expiry ofhis term ofoffice on 31si October 2022)
		Brenda Johnston
		Maria Magembe
		Graham Mockett
		Edward Slade (appointed 1siDecember 2022)
		Ed Turkington
Appointment		Trustees may be appointed by a formal memorandum ofthe spiritual leaders ofthe church. Trustees serve
ofTrustees		fora period oftwo years and may offer themselves for reappointment. Trustees must be members ofthe
		church and accept the doctrines set out in the fourth schedule ofthe Trust Deed.
Trustee		All new trustees attend training which covers the responsibilities oftrustees as well as the objects,
Training		governing document and governance structure ofthe charity. They are also required to read the Charity
		Commission guidance 'The Essential Trustee' and encouraged to read their other publications.
Decision-		The strategic decisions ofthe charity are taken by the Board ofTrustees. The Board ofTrustees appoints
making		committees, comprising both trustees and people with relevant expertise, to consider specific subjects and
		make recommendations to the Board.
Remuneration		The Remuneration Committee bench-marks remuneration packages for all staff and advises the trustees
		on remuneration decisions. The members ofthe Remuneration Committee are neither employees nor
		related to employees.
		The key management personnel ofthe charity comprise its Board ofTrustees and senior managers.
		Trustees give their time voluntarily and no recompense is made for their role as trustees. Details oftrustee
		expenses and other transactions with trustees are disclosed in note 16to the accounts.
		Remuneration for senior managers is reviewed annually by the Remuneration Committee. Its
		recommendations are submitted to the Trustee Board who approve the remuneration packages. When
		setting remuneration for senior managers consideration is given to their experience, expertise, skills,
		competencies, impact, influence, scope and management responsibility. Remuneration decisions take due
		note ofcomparable national benchmarks and aim to be fair, reasonable and affordable; and to recognise
		the value ofeach individual's contribution to the charity's performance.
Risk		The charity maintains a risk register ranking risks according to likelihood and severity; and operates a risk
Management		management policy for reducing and controlling risks. The principle risks and uncertainties itfaces are:
		A reliance on voluntary donations
		Voluntary giving accounts for over 75%ofthe charity's income and would be affected by a change in the
		number of, or financial circumstances of, donors. This risk is mitigated by the very stable and committed
		nature ofthe church's supporter base: most donors give consistently on a monthly basis and are
		committed to the principle oftithing: giving at least 10%oftheir income to the local church. Measures to
		reduce risk include the preparation ofweekly and monthly income reports so management can take prompt
		action ifgiving trends alter; and financial updates being given at several church meetings through the year
		providing a mechanism for donors to respond promptly to any financial challenges and giving them a sense
		ofpartnership in the charity's financial health. The charity also operates a strong budgeting system to
		ensure costs are kept in line with income and discretionary expenditure is reviewed regularly so spending
		is only authorised when income is sufficient.

			Unrestricted	Restricted	Total	2021
		note	funds E	funds F	funds R
Income and endowments	from:
Donations and legacies			895,729	148,605	1,044,334	1,129,687
Charitable activities
Local church			46,976		46,976	34,457
Education in the UK			184,533		184,533	159,643
Partnerships &conferences			17,875	46	17,921
Other trading activities
Fundraising events for	The King's House School			508	508	425
Investments			102	730	832	357
Other						29,697
Total income			1,145,215	149,889	1,295,104	1,354,266
Expenditure on:
Raising funds
Raising donations and legacies			147		147
Investment management			272		272	258
Charitable activities
Local church			770,812	5,443	776,255	647,214
Education in the UK			287,788	60,079	347,867	270,238
Partnerships &conferences			210,451	64,249	274,700	233,541
Total expenditure		4	1,269,470	129,'771	1,399,241	1,'151,293
Net income I-expenditure			- 124,255	20,118	- 104,137	202,973
Transfers between funds		14,15	- 6,630	6,630
Net movement in funds		15	- 130,885	26,748	~ 104,137	202,973
Reconciliation offunds
Total funds brought forward			2,660,293	978,510	3,638,803	3,435,830
Total funds carried forward		15	2,529,408	1,005,258	3,534,666	3,638,803

			Unrestricted	Restricted	Total	2021
		note	funds E	funds E	funds f
Tangible assets		8	3,167,490		3,167,490	3,154,480
investments				247,890	247,890	226,302
Total fixed assets			3,167,490	247,890	3,415,380	3,380,782
Stocks			7,138		7,138	7,722
Debtors		12	40,838	5,556	46,394	34,042
Cash			265,992	71,812	337,804	526,834
Total current assets			313,968	77,368	391,336	568,598
Creditors: due within	one year	13	- 90,328		- 90,328	- 115,837
Net current assets			223,640	77,368	301,008	452,761
Creditors: due after one year		13	- 181,722		- 181,722	- 194,740
Inter fund loan		14	-680,000	680,000
TOTAL NET ASSETS			2,529,408	1,005,258	3,534,666	3,638,803
The funds ofthe charity:
Property Fund		15			954,657	932,312
Other restricted funds		15			50,601	46,198
Total restricted income funds		15			1,005,258	978,5'/0
General Fund		15			2,526,896	2,655,360
Other unrestricted funds		15			2,512	4,933
Total unrestricted	funds	15			2,529,408	2,660,.293
TOTAL CHARITY FUNDS		15			3,534,666	3,638,803

						note	2022	2021
Cash flow from operating		activities					- 112,031	251,130
Cash flow from investing		activities
Investment interest received							427	357
Purchase oftangible fixed assets							-35,033	- 28,572
							-34,606	- 28,215
Cash flow from financing		activities
Loan repayments							- 20,805	- 19,650
							- 20,805	- 19,650
Decrease / increase in cash			and cash	equivalents			- 167,442	203,265
Cash and cash equivalents brought forward							753,136	549,871
Cash and cash equivalents			carried forward				585,694	753,136
Reconciliation of net	-expenditure			/ income to cash	flow from operating	activities	2022 R	2021 E
Net income / -expenditure							- 104,137	202,973
Depreciation							22,023	17,062
Interest expense							6,491	5,049
Investment income							- 832	- 357
Decrease /- increase in	stock							- 2,'/28
Decrease /-increase in	debtors						- 11,947	36,382
Increase in creditors							- 24,213	- 7,851
Cash flow from operating			activities				- 112,031	251,130
Analysis ofchanges	in	net debt			note	2021 8	Cashflows F	2022 E
Investments held as cash					9	226,302	21,588	247,890
Cash included within current			assets			526,834	- 189,030	337,804
Cash and cash equivalents						753,136	- 167,442	585,694
Debt due within one year					13	- 14,949	1,296	- 13,653
Debt due after one year					13	- 194,740	13,018	- 181,722
Borrowings						- 209,689	14,314	- 195,375
Net debt						543,447	- 153,128	390,319

2	Income from	donations	and legacies	and legacies
					Unrestricted	Restricted	Total	2021
					funds E	funds f.	funds f
	Donations from	individuals			881,490	126,805	1,008,295	1,109,237
	Legacies receivable by the		charity		14,239		14,239
	Grants received
	from churches	towards our	G12 UK	Fund		3,600	3,600	2,400
	from churches	towards our	Colombia	Fund		18,000	18,000	18,050
	grants received	for other purposes				200	200
	Total grants received					21,800	21,800	20,450
					895,729	148,605	1,044,334	1,129,687
3	Other Income
					Unrestricted	Restricted	Total	2021
					funds F	funds E	funds K
	Banking Switch	Scheme						16,875
	Coronavirus Job Retention		Scheme					12,822
	Total							29,697

Expenditure
Expenditure in 2022				Staff		Grant	Property	Other	Support costs	2022
				costs	funding		&venues	costs	allocated	Total
				note 6		note 7			note 5
Raising funds
Raising donations	and legacies							147		147
Investment management				272						272
Charitable activities
Local church				385,068		6,006	145,895	100,818	138,468	776,255
Education in the UK				190,707		7,440	27,685	48,149	73,886	347,867
Partnerships &conferences				41,949	86,271		10,768	102,351	33,361	274,700
Support costs				159,505		-	3,672	82,538	- 245,715
				777,501	99,717		188,020	334,003		1,399,241
Expenditure in 2021				Staff		Grant	Property	Other	Support costs	2021
				costs	funding		&venues	costs	allocated	Total
Raising funds
Raising donations	and legacies							42
Investment management				258						258
Charitable activities
Local church				360,005		6,384	50,104	90,683	140,038	647,214
Education in the UK				'/59, 777		400	27,298	31,495	51,268	270,238
Partnerships &conferences				36,668	146,104		-	28,738	22,031	233,541
Support costs				'/39,405			4,363	69,569	- 213.,337
				696,113	152,888		81,765	220,527		1,15'/, 293
Support costs are allocated to activities			in proportion	to the number	oftransactions each activity has.
Staff benefits (note 6)	are now categorised as 'Staff costs' (previously					included	within 'Other costs').
The following figures are included		in the	totals above:
Amounts paid to the auditors									2022 R	2021 E
Audit fees									14,019	12,800
Non-audit services									270	390
Total included within Governance		costs	below						14,289	13,190

Support costs	Support costs
				2022 It	2021 E
Support staff				148,900	129,360
Governance	including		staff	33,895	29,672
Office equipment		and	IT	39,211	30,905
Loan interest				6,491	5,049
Office property costs				3,672	4,363
Insurance				3,959	3,697
Telephone				4,628	3,798
Stationery &	office supplies			1,888	1,386
Legal and professional				2,715	3,272
Other				356	1,835
				245,715	213,337

Staff costs
									2022 R	2021 E
Wages and salaries									623,889	571.798
Social security costs									61,693	55,125
Pension contributions									67,860	53,776
Other employee benefits									24,059	'l5,414
									777,501	696,113
Termination costs included		above amounted			to FO (2021:f18,905).
The termination costs were		all paid		in the year and none		accrued	at the year-end	(2021:nil).
									2022	2021
Average number ofstaff	employed		during the year						24	23
Average number ofstatf	calculated			as "full-time equivalents"
Local church									4.7	4.5
Education in the UK									7.2	5.5
Partnerships &conferences									0.4	0.4
Support staff									4.0	4.3
Number of "full-time equivalent" staff									16.3	14.7
Statf whose emoluments	(including			benefits but excluding		pension	contnbutions)	exceeded f60,000	2022	2021
The number ofstaff with	emoluments			in the range f90,001 - F100,000
The number ofstaff with	emoluments			in the range f80,001 - f90,000
The number ofstaff with	emoluments			in the range 870,001 - F80,000
In addition the charity paid		employer		pension	contributions	for these employees		off24,982(2021:f17,383).
									2022f	2021 Z
Remuneration ofkey management			personnel						359,313	329,463

Grants made	as part ofLocal Church activities - toindividuals	as part ofLocal Church activities - toindividuals	as part ofLocal Church activities - toindividuals				2022 R	2021 E
Grants made	from our Care Fund - note 15						2,711	4,864
Grants made	from the Designated Care Fund - note 15						1,083	1,520
Other grants	to individuals						2,212
							6,006	6,384
Grants made	as part ofour Education activities - toindividuals
Bursaries in cases offinancial need for attendance at The King's House					School, Windsor		7,338	350
Grants made	from the pupils' fundraising activities						102	50
							7,440	400
Grants made	as part ofPartnership activities - toinstitutions
to Mision Carismhtica Internacional ('MCI') in Colombia							21,665	33,747
Grants to MCI were funded in part by grants received		from		other churches (note 2)
to Association	Evangblique d'Appui au Developpement	(for development			&refugee work	in Burkina Faso)	15,003	15,003
to the Joseph	Storehouse Trust (for humanitarian aid for		all nationalities		in Israel)		10,000	17,'l00
to Youth Outreach Ministry in Malawi, from our "Tum the			Tide" fund				8,400	10,200
to the British	Red Cross - for Ukraine crisis humanitarian		aid				2,500
to Samaritan's	Purse - for Ukraine crisis humanitarian aid						2,500
to Holy Land	Missions, Bethlehem						2,000	2,715
to King's Church International Robertson in South Africa							1,135	22,733
to Wellspring	(for development work in Uganda)							1,000
to Premier Christian Media							1,000	1,000
to the Evangelical Alliance							550	550
to other institutions							1,546	255
Grants made	as part ofPartnership activities - toindividuals
to individuals	in need in South Africa						8,663	25,362
to individuals	working in Christian ministry and development			in Colombia			8,605	14,344
to individuals	working in Christian ministry and development			in Burkina Faso			2,014	2,000
Other grants	to individuals						690	95
Total grants made as part of Partnership activities							86,271	146,104
							99,717	152,888

Tangible Fixed assets	Tangible Fixed assets
		Freehold land	Fixtures, fittings,	Total
		and buildings	&equipment
Cost
at 1 November	2021	3,175,921	435,629	3,611,550
additions			35,033	35,033
disposals
at 31 October 2022		3,175,921	470,662	3,646,583
Depreciation
at 1 November	2021	51,762	405,308	457,070
charge for the year		8,394	13,629	22,023
disposals
at 31 October 2022		60,156	418,937	479,093
Net Book Value
at 31 October 2022		3,115,765	51,725	3,167,490
at 1November	2021	3,124,159	30,321	3,154,480

		2022 R	2021 E
Cash held	at 1 November	226,302	173,070
Disposals	/ additions to investment	20,756	52,875
Interest earned		832	357
Cash held	at 31 October	247,890	226,302

12	Debtors
				2022 R	2021 Z
	Gift Aid receivable			23,763	17,238
	Prepayments	and accrued income		13,708	'/0, 7'l0
	Other debtors			8,923	6,094
				46,394	34,042
13	Creditors
	amounts falling due within one year			2022 R	2021E
	Bank loans			13,653	14,949
	Accruals and	deferred	income	47,169	39,096
	Taxes and social security			14,169	15,016
	Other creditors			15,337	46,776
				90,328	115,837
	amounts falling due alter one year
	Bank loans			181,722	194,740

Fund movements
Fund movements	in		2022	Balance at	Incoming	Outgoing	Transfers	Balance at
				01 Nov 21	resources	resources		31 Oct 22
Restncted funds
Burkina Faso Fund					450	-450
Care Fund					2,711	- 2,711
Colombia Fund					27,550	- 25,105		2,445
Conference Costs Fund					238	-63		175
Conference Delegate		Fund		307	157	-449		15
G12 UK Fund				- 26,010	12,701	- 13,458		- 26,767
Joseph Storehouse	Fund				40	-30		10
Kidz Klub Fund				50,975				50,975
Missions Fund					5,368	- 5,368
Property Fund				932,312	17,935	- 2,220	6,630	954,657
School Fund					59,977	- 59,977
School Fundraising	for 3rd parties				102	- 102
South Africa Blankets			Fund	1,321	45			1,366
South Africa Church		Fund			35	-35
South Africa Kids Fund				1,288	3,762			5,050
South Africa Property			Fund	5,713	125			5,838
South Africa Relief	Fund			9,785	5,257	- 6,403		8,639
Turn the Tide Fund				2,819	7,437	- 8,400		1,856
Ukraine Fund					5,999	- 5,000		999
				978,510	149,889	- 129,771	6,630	1,005,258
Unrestricted funds
General Fund				2,655,360	1,145,215	- 1,184,793	-88,886	2,526,896
Designated Bursary		Fund		3,850		- 7,338	6,000	2,512
Designated Care Fund				1,083		- 1,083
Designated Missions		Fund				- 76,256	76,256
				2,660,293	1,145,215	- 1,269,470	- 6,630	2,529,408
Total funds				3,638,803	1,295,104	-1,399,241		3,534,666

Fund movements		(continued)	(continued)
Fund movements		in	2021	Balance at	Incoming	Outgoing	Transfers	Balance at
				01 Nov 20	resources	resources		31 Oct 21
Restricted funds							E	E
Burkina Faso Fund					450	-450
Care Fund				3,038	'/,826	- 4,864
Colombia Fund				7,713	28,381	- 36,094
Conference Costs Fund					13,427	- 13,427
Conference Delegate		Fund		302				307
G12 UK Fund				- 27,984	2,479	- 505		- 26,010
Joseph Storehouse	Fund
Kidz Klub Fund				50,975				50,975
Missions Fund					6,180	- 6,180
Property Fund				881,054	50,578		680	932,312
School Fund					44,2'l5	- 44,215
School Fundraising	for 3rd parties				50	-50
South Africa Blankets			Fund	675	646			1,321
South Africa Church		Fund		4,928	1,055	- 5,983
South Africa Kids Fund				10,034	12,459	- 21,205		1,288
South Africa Property			Fund	5,550	'/63			5,713
South Africa Relief	Fund				12,494	- 2.709		9,785
Tear Fund Fund						-5
Turn the Tide Fund				970	12,049	- 10,200		2,819
				937,255	186,466	- 145,891	680	978,510
Unrestricted funds
General Fund				2,495,972	1',167,800	-921,3'/3	- 87,099	2,655,360
Designated Bursary		Fund				-350	4,200	3,850
Designated Care Fund				2,603		- 1,520		1,083
Designated Missions		Fund				- 82,219	82,219
				2,498,575	1,167,800	-'l,005,402	- 680	2,660,293
Total funds				3,435,830	1,354,266	-1,151,293		3,638,803

Trustee expenses
The charity bore the following costs for duties performed	by trustees on behalf ofthe charity:
		2022 R	2021 E
Trustee training and other expenses		40
Number oftrustees reimbursed