South England Conferonce of Seventh-day Adventists
Regl8terod Charlty No (England and Walesl: 1045587
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2020

South England Conference of Seventh-day Adventists
Contents
Pllg•
Tru8t••8
R•fffjr•n￿ and admlnl•tratlv• d•talls of th• Charlty and advl8•r•
Tru•tM•' rnport
3-10
Ind•p•nd•nt audltorf¥ r•port
Stalem•nt of flnancl•l •ctlvlti
15.16
B•lanc• •h••t
17
•*h flow •t•t•m•nt
Not￿ to th• flnancl•l ¥tal•m•nts
19.37

South England Conference of Seventh-day Adventists
Trustees
Poslor Emmanuel 08el
(Chairman)
(Exacutlva Sacrelaryl
(Treasurer)
Pastor Douglas W McCorm8C
Mrs Candy Layson
Mrs. Esther Aryee
Pastor Anlhorty Fullér
Mrs. Abigall Wright
Ms Judy Clements
Mr Kwasi Dankwa
Mr Wayne Erasmus
Ms Julita Francois
Ms Natalle Henry
Mr Dwayne Law80n
M3 Nomsa Mophango
Pastor Samuel Ouodlo
Pastor Sorln Petrof
Pastor Mlcha81 Salmon
Ms Isha Scolt
MS Abigail Wrtghl. Stephen8C
Pastor Bemard Akakpo
Pastor Hezron Adlngo
Mr. Gri81 Wllbur Mulambara
Pag• 1

South England Conference of Seventh-day Adventists
Reference and Administrative Detai18 of the Charlty and List of Advlsors
Charlty numb•r
1045587
R•gl8t•r•d Offlco
25 St John's Road
WaNord
Hertfordshlre
WD17 1PZ
Bank•r4
HSBC B8nk plc
73 Hlgh Slreot
Wadofd
Hertfofdshlre
WD17 4RB
Sollcltor4
Anthony Colllns Soll¢ltor8
134 Edmund Slreel
8lrmingham
West Midlands
83 2ES
Audltor•
Moore King$lon Smllh LLP
4 Wictoria Squar6
St Albans
Hertlordshlt8
ALI 3TF
Employm•nt AdvI￿r Cltation PIC
Cilalion Housa
1 Macclesfield Rood
Wilmslow
SK91BZ
Pago 2

South England Conference of Seventh-day Adventist
Trustses Report
for the year ended 31 December 2020
The Trustees of South England Conference of Sevenlh-day Adventists pfesènt this report for the year
ended 31st December 2020 1096lher with the ¢C*nsolidated charity accounts, which have been audited by
Moore Kingston Smllh LLP.
This Trustees, Report is not only to fulfi'l the legal and statutory requirements. bul il is intended to explain
the actlvblles and future plans of this charity.
The Church Growth and Advent Mission Department
202Q will bè r8membered as the year ihal brought us the pandemic and SnlrodL*ced such phrases as the
Ir￿kdown, COVID-19, drive-through tosung and soclal distancing into our mainstream vocabulary. Bul
d8spile the rapidly changing 8nvSronm8nl we founij ourselves as an adminislrallon, dlrectors, paslorB,
SUPPOrt 51aff and most of all as members doubllng our collgcllve efforts to meet the challeng8s of this
new world and sought lo malnlaln our progTamm8s and sorvlces lo cc￿￿nue lo reach out to an over
anxious publlc ￿th hope and help.
The Department of Church Growth and Advenlisl Mission rgtolns ils posllion 88 8 resourcing and
equipping agent ￿thIn thè Conference. However. thls year was an especlally challenging one lor the
department and the pandemlc sav8r8ly Impact811 Ihe regular reglme of leaching. proa¢hing, seminar and
Irainlng weekends.
Through tho Church Plants 8nd Group5 aB50cialed with this Department we have..
011ored physical and onling space5 for communlly to oalher lor inleraclion. worshlp and communlty-
bulldi1g
Regular public worship open to 811-18rgely through onlinè platforms in 2020,,
Opportunities lo learn about Christian lailh through sermons, courses and small groups.
Due lo Covld reslriclions Religlous assernbll8s in 8choo18 have not baen abl8 to proceed as u8ug1;
Sought lo move the various Chris118n eth08 clubs that normally operat8 fvom Ihg local church
building onlo online platform5. In this way groups such as taans. youth, Senior citizen5, par8nts and
loddlgrs ond single mums, have continued to hav8 a measure ol support in these difficult limgs.
Sadly, due 1¢ Furlough dynamlcs. many Ioc81 leaders were réndered unavailable for officbal duties lor
3- 6 months 012020.
Through th8 SUPPOrt offered by Ihis department, local congrggallons conllnue lo promole th9 physScal.
Tnental and spiritual well-being ol their local communllies as a demonslrallon ol our fallh and mlsslon.
Cornerstone Counselllng Servlce (CCS)
This was a year filled ￿￿th anxlgly, uncgrtalnty, fear, and depre8slon, due to the COVID-19 pandemlc.
CCS has expertenc8d Iho busiest perlod since Ils e51abli3hmenl. Th1$ was 8 Cfllic81 Ilm8 lo support
churoh members and the ￿der community.
Free coun3811ing wos offered lo NHS staff and other fronl-llne workars l0Snlng other charill8s were
already dolng so. CCS also launched a Llslanlng line Ihal operates from 8am Its 12 midnSghl 7day8 a
week lo support the lonely. isolaled, bar8BV8d, anxious clients. This became a lifellne lor many
e8pecially during bckdown periods.
CCS a150 delivered work$hops and presenlalion5 on various mental h8Bllh Iopic8 including trauma,
abuse. domesb'c violence, grief & bereavement, communlcalion and relationships, forglveness. confll¢t
management. depossion, anxlaly. d&presslon & nulrilion, developing a posilve mlnd, men and women's
mental health, conquering neg81ive thinking. prayer and mental health, Goping wlh COVID-19, COVIO
-19 and mental health. Impact of COVID-19 on the familgs mental health, 8elf-esleem and bo(ty-image,
the impact of COVID-19 on relatlonships, famlly unity during COVIO-19. insecurity In 18am8. listening lo
young peopl8, BAME communi1108 and barriors lo mental health, black man and mental health, healing
generatlonal trauma. lo name a few. DelNering these ovgr Zoom, a wider community was re8chèd.
Pag• 3

South England Conferonce of Seventh-day Adventist
Trustees Report
for the year gnded 31 Oecember 2020
Cornerstone Counselling Servlce (CCS) <Contlnued}
CCS, present and firture vision is to continue supporting those experiencing mental health is8ues, those in
isolation. and those tho suffar the pandemic's impact on their present and future Ilfe. Breaking the stlgma on
mental h•alth is paramount. A special thank you goes to our (Jedicatod team that work3 hard to reach our
vison.
Th• Children's Ministri08 08partm•nt (CMD)
The department remained busy dgspilt the lockdown. Mindful of the n88d lo provlde activities for chlldren
tha department embarked on producing a numb8r ol virtual events. Examples includ8, the Easter 810ry.
8nd the summer annual flagship- Vacation Bible School IVBSI week -long programme that has a unique
approach lo children's mlnigty. The latter reinforces spiritual growth and encourages long-tem leaming.
This event appealed lo children and lamilie5 from multiple lallhs evidenced from the partlcipalion ol over
600 childffjn.
The CMD Bcknowledged a number of spirllual 8mphas15 days, In the autumn of 2020. World
Orphanslvulnerable Children's day was observed. Children's awareness ol what rt means lo be orphaned
was heightened, as the CMD explored the global caus8s that leave mllllons of children alone, Iso18ted and
vulnerable. Such a$ war, poverty and Gllmate change, lo d88p&n their und8rstandSng of this complex issue.
Children ware Invbled lo racite and wdle Fcelry offerlng wcfdB of comfort and compa881on for orphoned
chlldren.
The CMD prornoted '8nll.bullying week, lo Increase awareness among children In the South Engl8nd
Confgrence ISECI that thera is zero tolerance lo bullylng, Tho week wncluded wllh th6 splritual them6
from the story of the Good Samaritan.
The CMD celebrated 25 years of Children's Ministry with 9 8hort film producllon about the kn￿rk of Advenlisl
CM from dlfferenl conlinenls.
Th8 year anded I￿1h a virtual fesllve se88onal production of th8 journey of Chri81 from blrth through lo
death and resurrection. Thls inleracllve ev&nl onabled m8ny chlldren across the SEC lo showcase Ihelr
muslcal, oratory, poollc and lttespian Skllls. Over SOO tuned In to watch on Chrlslmas day.
Community, Pr180n and Dlversity Minlstrles department
2020 was an unpr8cedent8d lime for the Community. Prison and Diversity Minlslries departm8nl.
Al th8 beginnlng ol the yeor we visited our church8s 8cross the South of Eng18nd including Milton Keyn68,
Gloucester, Plyrnoulh. Soulhamplon, Vveston Supermare and Brixlon.
As we a8sess8d lh8 financial impact ol COWD on our operallons wè undortook 8 fundr8I81ng drlve lo
suppl&m8nl costs for our Homeless 8heller. However, because of th8 Sgoond wave we had to postpone
those aclivili8s olso.
Additionally we launched 8 Social medla drfve lo raisè awareness of the work neoded for Prison mlnlslrl8s.
This is with the hope lo build a r8leased prisoner support ne￿ork. Finally In the wake of the Georg8 Floyd
tragedy, the diversity department has bgen Involved in an internal process lo look al the Impact of racism,
prejudice and dlscrfminalion with the vl8w of making11 betlgr for our churche5 and those in the church8S
r8spectfvg ¢ommunities. Thls is stlll ongoing.
Page 4

South England Conference of Seventh-day Adventist
Trustees Report
for the year ended 31 December 2020
Men'8 Mlnl8try
During the year we have been hdding Zc¥)m virtual meetings every Monday evening for Men dealing with
subjects on Mental Health. Exorcise, Cooking, Domestic Violence It)ward5 Men, b8ing accouniable,
mentorship elc.
Th8 rea50n vthy we held thesa meellngs was because sincg we were in lockdown, we thought that Men
needed some kind of comfort, gel them talking. not being alone. We wanted to create a safe ploce I space
so they can talk and be comfortable in an envlronmenl vthere trust 18 around them.
We a180 had a men'5 dayon 2151 November 2020. and thè theme was 'What's your Story,. The Klea
behlnd th15 was lo share Ihelr story on the difficult limes they have had gone through and how Ihey
overcome it. This wll be able lo help Men in and outside th8 church that are tuning in. they can overcam8
any $iluoUon they are in by just reaching out, talking, saying something.
Pathfinders and Adventurer8
The buzz words for 2020 when il came lo PalhfSnder$ and Advgnlurers was 'Virtual' and 'Re8ilien¢e'.
though we could not gel together physically and have evenl8 an¢J programmes in and lor our
communilias. Palhfinder5 and Adventurers was r8sI1i8nl by offering online cont8nl. Th15 conlenl was
sh8red by Palhflndery and Adventurers by Snviling friends to logSn, link In and engage wlth Ihe content.
a result of th8 Vlrtual opwrtunitie8, we Grealed a few'fi'rslg, for Pathfinders in the UK. The first onllne
content offering Pathfinder Honours from home, the first E-camporee, and the first conlerence-wida
currlculum camp.
Palhfind&rs 8n¢J Adventurers also look the ch811enoe lo enrich Ih8ir communille8, 8.9. 5km Sponsored
bike ride to raise money for ADRA UK., volunleerlng al Wattord'¥ One Vision project,. and Dggenham
Eagles launchlng an onllne activities hub called 'One Borough One Love Adventurer Hub,.
Personal Mlnistry
Personal mlni81ries supported the IoeAI congr8galion8 wllh Iralnlng res￿ree3 to help them bg vislble,
valuable and avgilable lo Ihelr comrnunllle8. Uslng zoom 8nd other dlgllal platforms members were Ifained
on Inlercessory prayer for their communlties and provlded with inlormalion. m818rial and moral 5UPPQrt
especlally 88 People suffered lh8 dllferenl effect of COVID-19. Through the SEC School ol Mission 8nd
Leadershlp memb8rs tr8lned as community chaplains, conlllcl resolution and active listening. Some
workgd alongslde street pastors helplng tha homeless and meeting othgr immgdi8te and long-term needs.
Due lo th8 lockdown, churches were nol able lo offar thgSr spaces and Ihelr regular programs to the
communlly In the s8me way. Many used their space lor food b8nks and lo offer takeaway meals and
groc8ri8s. Members P8rticipal8d in dgllverlng needed help lo th8 n￿dY nelghbour8.
Property Management
In 2020 the department saw the ￿mpletson of Clapton church'¥ Tgnovats'on prq'ect that wa8 signed off in
March. Clapton now has br¥nd new WC facilrtigs to the rear that 8180 include an accessible WC. The La81
snag list for Ihe project wtll be completed in Aprll 2021.
Hay's Wood Retreat, formerly North Runclon, (the SEC'818rge81 bullding wolecl ever urKI?rtakenl had its
practical cornplelion on 31st December 2020. The next phase of the project will be lo furnish the 5118 in
preparatlon lor ils use.
Although the number of building project8, acouislllons and disposols was limtted In 2020, we dld suppt)rt
several congregations in their search for new premlses such as Palmers Green. Bamèt, Holcomb Road,
Lae Vall8y, Brighlon and Hastlngs.
The department is also still working wlh Galwick on a major project where we arg working wlth several
national bodK8S leg Historic England, Common Wealth War Graves Commisslonl and local authority over
the long lenn use and presarvalion of the property in which GahM¢k SDA are currenlly worshipping.
Chapel Porth Camp site also continues lo be re-developed and In 2020 the departmanl was able lo
showcase a numbgr of new caravans. Tho plan movln9 forward is lo C(￿tin￿8 to upgr8de the stte and
improvg its facilities for our conslituenls.
Page 5

South England Conference of Seventh-day Adventist
Trustees Report
for the year ended 31 December 2020
Prayer Ministries Department
2020 dawned with mud) promise and possibilily. Al the annual Expo, Tha Prayer Mlnistry Department
Coordinator Linda Nyamhunga presented th8 vision of the Prayer Ministri8s department and invited the
members in allendance at the plenary session lo brainstorm for the year, The following ware the planned
events and programmas..
Annual prayer retreat
Operational prayer Ilnes In each church
Area days of prayer
A￿8 Coordinators, regulaf meetings
Quarterly All-night prayer meelings
Training inlefcessors in every district
The theme was And My House shall be called a House of Prayer for all People" bearing in mind that
every individu81 faced challenges al a given time, bolt fin8n¢i8lly, socially, and emotionally.
The firbl ev8nl of tho y•8r on the & 16 January 2020 was the General Conference womowde 'Ten Days of
prayer. which was eagerty hosted in many churcheB acr085 the SEC. The len day8 of prayer Gulminaled in
a hall night on 18 January 2020 01 pr3yer al Holcomb8 Road Church and wa5 allendad by over 150
people. Th8 half nlght W8s characlerised by baauliful muslc by Tollenharn Holcombe Road Slnging group,
faith inspirlng leslimonles and a rouslng call to preachln9 Of the Word. A special all night prayer
programme was hosted by Slanborough Secondary School Porgnis Teacher8 Association Praying for
students and all young peopl8 Bnd Ihelr parents on 22 February 2020. Al80, we had a day of pr8yer for
London Minislers on and a d8y of prayer for the SEC s18ff8 wher8 the office wos closed and the staffs
were gn¢oura9ed lo pray together, whlch was a wonderful eXper￿nCe ond broughl workers togelhgr this
was held al Walford Town Church ￿ 5 February 2020.
In February 2020, SEC Prayer Ministries collaborated wth Pla18tow Prayer Tower for an All night prayer
meeting., Show￿$e￿ al Plaislow Church. People from 811 parts of the conference In need of prayer joined
the sasslon. The SEC prayer Ilne which has been rSnglng al 6am 8v8ry momlng r8In, 8n¢)w or shina since
2015 conllnued lo bg a balm of healing and a sale retr881 for troubled souls. The number of 8118ndees has
increased from less than len Indlviduals Sn the p88110 80-100 slnce March 2020. The prayer lin8 has
wltnessgd non-Adven115ts loining and becomlng regular callers. The maln focus of the SEC proyor Ilne is
dlscipleship, nurturlng. mgnlorlng and Irainlng membars 8nd young people in leading oul and preaching
during servlces in Iheir home8, local churches, Bnd 81 prayer meetings. One of the success stories has
boen the tralnlno and equipping of new Prayer Leaders for local churches. The prayer team oftgn follow up
on prayer requests and mako p8rsonBI follow ups and conl8Ct pelllioners. What a way lo ovangelise
through prayer. We have had contacts with Individuals who 8re faced with 5erbus health issues and held
anointing services Vlrtually. Another 8r8a we have been stretched lo the lullosl is supporting bereaved
members. 11 is Impressiv8 to experlence the unity and commonality among membgrs. tho joy of c8rrying
each other burdens. Many of our membgrs see the daily opening gf Ihg prayer line as a place wh8r8
burd8ns 8re lifted and a r8fug8 in lime of storm. Sharing loslimonies daily on the prayer line have brought
hope and encour8gemonl lo many amidst the dlfficull Ilmes we are facing. Som8 have leslified that the
SEC pray8r mlnlstry Is like family lo Ihgm, they have a Flace to wake up lo.
When the Governmanl announced a national lockdown in March 2020, Ihorg was a mindset shift from
physlcal meetings lo online platforms. This affected many pe¢wle who were not technically savvy and yet
many bravely venturgd in the world of onlina meellngs.
Page 6

South England Conference of Seventh-day Adventist
Trustees Report
for the year ended 31 DecombBr 2020
Prayer Minlstrle8 Department (Continued)
Many churches and church groups bagan holtjing prayer meetings on virtual platforms. Many new prayer
groups around the SEC wer8 crgalod in response lo this new challeng&. Even r8lre818 were held virtually.
Prayer Ministries participated as House of Prayer on 14 - 20th June 2020 in the SEC camp meeting by
hosting Prayer, Praise and TeslSmoni88 lime from 7am to 8..30 am every moming. The virtual Prayer
Retreat wa8 held on 31 sl July- 2nd August 2020. The theme w88 the assurance that"God comfotts Hi8
people in crisis" Our focused areas w8 mlnistored were.. Pr8y8T 8nd grief, Prayer 8nd fe8r and Prayer
and insecurlly. We worked alongsldo the Cornerston8 Counselling dapartm8nl, jdning hands Wtth Prayer
Ministries to support those struggling. We had 8 session on Mental health called"Hope Beyond grier,
nlcely presented by Elvls and Ruth from Elpizo Counsg11in9 and 188rn. Prayers and pasloral care have
continu8d Ihrough the difforenl prayor lin95, days ol prayer and monthly day of lasling 8nd prayer are
bolng organlsed lo support each olhor, these h8ve been the source of strength for SEC Prayer Ministry.
Teens Ministry
In 2020, Ihe SEC Teens Department adapted its appro8ch and the conlenl of Ils programmes due to the
COVID-19 pandemic and the emolional Impact il had arnong the teenage population. Consequently,
throughout the year, our programmes, weekly workshops and semlnars h8d a strong emphasis on loplcs
8ueh as stress managernenl, how lo deal with anxi8ty. how lo deal with worry, grief, healthy ealing habllg,
sleep deprivation. exercise, healthy eating habils. coping mechanism. healthy pastimes. sludy habll5,
holplng al hom6. rest and sleep, lim8 m8n8gemenl and networking, among others.
We also started a weekly programme that Ss streamed on YouTube and Facebook slmulloneously. In Ihls
programme, we had speclal guests such as m8dlcal doctor8, teachers and counsgllors who 8poka about
thomes slmll8r lo the on8$ $9gn above. As we celebrated our programmes vlrtually In 2020, we Inlarocled
wllh the teens and Iholr famllSes using th8 online chal facllltlas throughout the prograrnmes. However. we
also inl8ractod wllh the teens dally using our Instagram p8ge, Facebook page. webpogg, emall, and the
WhalsApp group8.
Women's Minlstry Report
Goal• and ObJ•ctSv
To providè Menlal. Emollonal, and Splrttual Support during Ihe COVID-19 Pandèmlc.
Evènts and Programs
On Sundals
Women Insplrollonal Power Hour al 10 -11 AM
The Upper Room Exparl8nco 817-8 PM
W8dnesdals Morning Haalth Prograrnme al 10-11 AM
Lov• in Actlon R•port
Hardshlp Funds Financial Grants for Women and FamilN?s
Emotional support
Persons and Organlsalions got fund8 lo help in limes of Crlsis.
We Cel8brat8d 25 years of VVom8n's Ministry woddwde.
We have hosted a we8k-long programme where woman wgrg informed and empowergd.
Support Group
We provided support to thoso gxperi8n¢ing sickness. borgavomenl, and depression.
Now Y￿r.5 Thanksglvlng Program for Womon
This event aimed lo allow women lo hear whal othar women were Involved wilh regardlng oulre8ch work
in tho Now Norm.
In realising that many women were slrug91ing wth the lockdown, we wanted lo provlde encouraging.
empow8ring, 8nd Spiritual fulfilmanl lo cope with this Pandemic.
Pag0 7

South England Conference of Seventh-day Adventist
Trustees Report
for the year ended 31 Decombar 2020
Women's Ministry Report {Continuod)
End it Now Dayl Dom•stlc Vlolenco
To educate and empower women with matters ralallng lo domestic abuse.
Sadly, nalionwde there was an increase in Dom8stic Violence during this Pandemic,. we aimed to
sAleguard those vulnerable lo such abuses through informab'on and education.
We managed to hold most of Ihe progr8mmes above on tha Zoom forum due lo the pfevalenca of
COVID-19. which meant wom8n could not meet as initially planngd.
Youth Mlnistries
Youth Minlslries has continued to remain committed to speclalisl training and empowerment for youth
a¢Jers and their teBms whllsl creating opportunrties and spaces for youth to personally 8XP8ri8nce the
reality of God. In January we hosted our Youth Lead&rship Conference whlch cat8rèd for 102 youth
leaders across the South of England., they wer8 inspired lo rebuild the walls on their spiritual and
personal grovAh as they continue lo empower their young people. As a result ol the confer9n¢e, wo
recruited over 40 lead8rs who joined the Senior Youth Leadership Award prc¥3ram.
In the mldsl of pl8nnSng for our annual Global YcMJlh Day and Community Blwd drive we were haltad in
r tracks ¥￿th the roalisalion of how badly Covid was offecling life 88 we know it. All physic818venls
had lo be cgnc8lled and as Covid began lo spr88d across the UK we wer8 token Into 3 nalK)rwide
lockdown. Desplle Ihls perCe￿ed sglback Il In f8¢1 allowed for mor& innovation and opportunities to
reach our youth differanlly allowlng for our dlgilal and wcial medla pl8tfoms lo take centre si899.
We held panel talks via Zoom and Stream Yard ranging from lopics on race, relationshlps, cuf￿nI
evenls and spiritU8111y. Inslagram and Facabook pages would host live ¢hals Includlng ex8rcI8e se￿1￿3
Irom trBin8d professionals and molivalSonal videos. We collaborat9d ¥￿th Community Mlnlslrles and
planned the virtual P300 run it, bike il and walk il challenge, helping lo ralse over £6000 for the
horneless for Christmas. We had ovèr SO youih who partlclpaled In Ihls flrsl.1Smo virtual in111811ve. In
addilion, w8 s81 up an online store s8lling youth minlslries merchandlso and created 8P8ce3 on our
social media platforms lor olh9r local church youth groups lo share Ihelr varlous youth minlslrles.
Overall, our youth gngagem8nls and followors saw a slgnificanl Increase as we navigated the88 slraNJ8
Ilmes wth relevant, on demand programs. Th8 n6w Senlor Youth Leadership Award transferred onlln8
lo ensure training and development was not alfecled.
Financlal review
Without our committed staff and faithful church members, the succ8ss achleved duilno ihls
extraordinary year would not have been posslble. Strong leadership was provld8d by our 207
employees and hund￿d$ of volunteers in Ioc81 churches. Pivotal lo th8 work of th8 charity during the
year was the flnancial support ol our member8hip. vkno gave a total of over £14.6m in lilhès and freewll
offering5 and donations lo support the work. Th8s8 lunds v48re used lor staff sal8rSes, evangelistic
8ndaavours, humanitarian work. 8ducallon, retirem8nl beneflls and the general gov6mance and
admlnislralive operations of Ihe South England Conferanc8.
The Trustees consder that there is a reasonable expectation that the Charity has adequate resourcès lo
continu8 in operational existence lor th9 foreseeable lulur8 and for this reason, the Trustees continue lo
adopt the 'going concern, basis in preparing the accounts.
The trustees have assessed th8 risks f3ced by the charily in¢luding $3legu8rding risk5 and rlsk causè
by the global pandamic and have formulated plans to Tniligale these risks.
Restricted and Unrestricted Funds and Reserves
Reslrlcled funds are generated when the donor slipulales how thair ¢Jonation may be sp8nt. In most
cases there will be a tim8 lag between when such funds are received and when Ihtry are expend8d. Al
31 DeGembeT 2020. restricted funds for the charity lolalLed £9.105,28312019". £7,784,699).
P•gè8

South England Conference of Seventh-day Adventist
Trustees Report
for the year ended 31 December 2020
Restricted and Unrestricted Funds and Reserves Icontinuod)
Unreslricled fund$ are generated when the donor does not stipulate how their donallon may be spent.
Unrestricted funds include designated funds, whwe the Trustees have set aslde monies for a specific
purpose.
Tlthe fund (Operatlng Rèsèrves)
It is Chafily pollcy lo hold an operating reserve equal to 20% of annual opor81ino budget. The Trustees
arg seeklng lo ensure that thi5 pollcy Is mel by the charrty.
Invoslment In prop•rty fund
Al 31 Decemb8r 2020, the level ol the reserve for Properly. Churches and School Buildings was
E33,413.20612019.. È34,941,618) and include8 the asselg disclosed in the notes to the financial
slalements.
Unro8trlct•d Funds
Al 31 December 2020, unreslricled funds for the charity lotalled £34,212.49812019.' £32,780,611).
IMPACT OF THE CORONAVIRUS PANDEMIC
The Tru8lees havo ¢on8ldered the impact of tha Coron4vlru8 P8ndemic during the ye8r and since the
yoar-end, and th8 Various measures Igkon In the UK lo contain il, on Ihg oper81iong ol the charity. The
Iru8tee8 have 18ken 8leps lo milig8le the fin8nci81 impaGI on the chartty's affairs. by both en8uring
Income can be coll8ct8(J and c8refully managing gxpondllure and hav8 taken up av8il8ble Governmant
Support. Thes8 slep8 are p18nned to conllnue 8nd th8 Tru51ees believe Ihal they will not be elfactive as
the UK conllnues Ils recovery from the 8ff8cl8 of the pandemic. They S￿ confident that tha measures
taken, together wlth the fin8nclal st8bllily of the charity, ￿11 enable il lo continue to op8r8le for the
foreseeable future.
OPERATIONAL PERFORMANCE AND SAFEGUARDING THE VULNERABLE
The South England Conlefence continues lo operate a policy of care for Iho vulnerable withln Ils
communlty. All employees and congregat￿n members working wllh children, vulnerable adullsleld8rly
8re required lo undargo a mandatory check for sul¢abillty t185ng the Dlsclosure and 88rrlng SerV￿e
ID8SI. Trainlng for Child Protecllon Is provlded through onllne Child S8f8ty Awareness courses ond
local training progiammes by our 'Keeping the Church Famlly Safe, {KCFSI coordinalor.
The Trustees ara confident that the South England Conference was operated in h8rmony ￿￿th its
Purpos8. which as staled in ils Conslituli¢Jn15 .10 proclaim and leach the evedasling gospel" The
Charity ha5 a number of slr¥legies for achieving ils obloclives primarily through th8 departmènts In th
Conference.
METHOD OF APPOINTMENT AND TRAINING OF TRUSTEES
Thg management of tho Charfty Is the respon&bilily of the Trustee8 who are 8￿cted under the terms of
the conslilution.
New twstees are provided wlh copies of the Charily's con8btulion and a discusslon 18 carried out in
relation to the Charity. In addition, each tru51ee receives a copy ol the Charity Commission document
"The essential Iruslee- vthal you need to know, what you need lo do. and the regular Charrty
Comrnission NewsletteTs. In addition. Trustg9s are provided wlh rogular txjlmins from the Churches
Legislative Advi50ry Service.
Page g

South England Conference of Seventh-day Adventists
Trustees Report
for tho yoar endod 31 Oecember 2020
The TruBtee$ are respons1￿* for prep8ring the Trustees, Raport and the financial slalemenls in
oc¢ordan¢e with applic8ble Lgw and Unil&J Kingdom Accounting Stsndard8 (Unrted Kingdtrm
Generally Accepted Aecounling Pr¥ctice.I
The Trustee¥ are required to preparp financlal glal•monts for each financigl yeai which givo a try&
and fair view ol the state of tha aff8ir$ ol tho charity and th& group and ol the outgoing resources
8nd applicotion ol re3our￿$, In¢ludin9 the incc
ia and expendilure, of th6 charitable group lor that
period. In prtPBrin9 th&8e linancial $lalemenl8. the trustèes are requiiod to..
$018cl $uitable accounling poIKiès and then apply them ¢on¥islently',
observ& the mothods and principles in the Charities SORP,
make judgem•nts and eslimthes that are r8a80n8ble and prudent.,
st81• wholher appllcable UK Accounllng Standards have been followed. subject to any
mat8rig1 departures div£lo8&d and fr￿1￿1n8￿ In the linanclal slatèmenl8'.
prepare th• financi•l stat8rnont8 on th• going eoncern basis Unl*￿ It 18 inapproprlate to
pr•8ume Ihgt the charily will continu8 in bu8in889.
The Truste•s are re¥ponsiblo for keeplng proper a¢Gounllng rgcords that dlsclo88 with rea60nabLg
a¢¢uracy al any lim8 the linan¢i#l position of thè charity and en8bl8 them 1¢ ensvre that the
financial statements 8r8 Compliant They are also r&spon6ible lor safeguarding the 893ets of th•
¢h8rity and the group and henc8 lor taking reasonotyle slep$ lor the prevention and d&lection ol
fraud and othor irreoularttle8,
Statsment of Disclo8ura to Audltor8
So lar as th8 Tru81oeB are awarè, ther& is no rèlèvant audit iThlomalion ol thich th& charity'8
auditcn are unaw8re', and
the Tru81808 hove lakgn all the slep8 that Ih&y ought to have token 08 Tru81808 in order lo
make thems&lves aware of any re￿vant audit information and to eslgbliBh that the charill8
auditors •1• aware ol Ihat inform8lbn,
Approv&d by lh• Tru8te8s ol South England Conlor•nco of Sov•nlh-dAy Advenlisls 81gn•d on th8Sr
behaw by..
Dat•..
Execullve Se
Pag•10

Independent Auditor's Report to the Trustees and
Members Of the South England Conference of S8venth-Day Adventists
for the year ended 31 December 2020
Oplnion
We have audited tha financial 51alem8nts of tha South En9land Conferen¢0 of Sevenlh-Day
Adventists lor th8 year ended 31 Oecamber 2020 whlch comprise Ihe Group and Parent Charitys
Statamant of Financial Activities, tha Group 8nd Parent Charitws Balance Sheets, the Group Cash
Flow Slaternent and notes lo th& linanclal slalements, Snoludlng a summary of signfvant
accounting policies. The financlal reporting fram8work that has been applied in Ihgir preparation Is
applicable law and United Klngdom Accounty'ng Standard8, including FRS 102 'The Financial
Reporting Standard Applicable in Ihe UK and Ireland, (United Kingdom Generally Accepted
Accounllng Praclicel.
In our opSnlon the financlal slat8ments'.
give a true and fair vlew of the slate Of the group'8 and the parent charity'8 affairs as at 31
Oecember 2020 and of the group's inwming resource8 and 8ppllcatlon of resouroe8, including
Its Income and expenditure, lor the year then en(Jed.,
have b88n properly prepared in accordanGg with Unlled Klngdom Generally Accgpled
Accounting Practice,. and
have been prepared In acccfdance with the r8quir8menls of the Ch8ritlas Acl 2011.
Ba81• for Oplnlon
We conducted our gudil In accordancè wlh Internatsonal Standard8 on Audillng IUKI IISA8IUKI}
and applicable law. Our re8ponsibililies under those $iandard8 are further described in the Auditor's
Re$pDnsibillts'es for the audit of financial slalemenls secllon ol our report. W8 are independent of
the ch8rilable company in accordance Mlh Ihe ethical r8qulremenis that afe relevant to our audll of
the financial 8talemenls in the UK, including the FRC'8 Ethical Standard, and we have fuwillgd our
other ethical r8spon8ibililies in accordBllcg ￿th these requirements. We believe that the audit
evidence we have oblalned Is sufflclenl 8nd aDoropriale lo provlde a ba81s for our oplnlon.
Conclu#lonB r•latlng ¢0 golng concorn
In auditing the flnancial st8lemen18, we have conduded that the Iru5tees' use ol the going concern
bas58 of accounting in Ihe preparation of the flnancial st8lemenls in gpproprlale.
Based on the work we have p8rformed, w8 havg nol idenlilied any material uncertalnllgs relating lo
9vgnls or conditions Ihal, individually or collectively, may casl slgnillcanl Qoubl on the charit￿3
8bilily lo conllnue as 8 going concern for a period of 81 lea81 twalve months from vth8n Ihe fin8nclal
sialomenls are aulhorised for Issue.
Our r8sponsSbilitl8S and the responsibS11118s of th8 Iruslees with respect lo gdng concem are
descdbed in the relevant sgcllons of this report.
Oth•r Infomiatlon
The other infomiatlon comprises the Inform81ion Included in the annual ￿pOrt, other than the
financial 8181ements and our auditor's report Ihereen. The Iru8tee$ are responsible for tho other
informats'on. Our oplnlon on the financial sta18m8nts does not cover the olhgr infLirm8tion and,
except lo the exlenl olherwls8 èxplicitly staled in our report. we do not express any l¢ym of
as8ur8nce conclu&on thareon.
Page11

Independent Auditor's Report to the Trustees and
Members Of the South England Conference of Seventh-Day Adventists
for the year ended 31 December 2020
In c￿n￿¢t10n with our audit of the financial slalements, our responsibility Is lo read the other inforrnalion
and, in doing so. consid8r wh8th8r the other information is malerially InconsSslenl wlh the financial
slalemenls or our knowl8dge obtained in the audit or olhaTwIsg appears lo be materially misstated. If we
identify such matèrial incon5iStencies or apparenl materlal mlsslalements, we are Tequirad lo dgtgrmlne
whether there is a material misstalemenl in tha Ilnanclal slalernenls or a material mlsslalgmenl of the
olher infomiation. If, based on the work we have performed, we conclude that there Is a malerl81
misstslemenl ol this other information, we aro requlrad lo report that facl.
Wa havo nolhlng to report In this regard.
Matt•rs on whlch wo are requlrnd to r•port by •xcoptlon
We havo nothing lo r8POrt in re4)ecl of the followlng m811ers vther8 Chartlies Act 2011 requlros us 10
r8port lo you If, In OUT opinion..
Tho infemalion given In the Trustee8 Annual Rep¢yl1s Incon51s1gnl In any malerlal respacl wlth
the fi'nancial slalgmenls',or
8dequale accounting records have not bean kepl. or ratums gdequale for our audit have not been
received from bronches not vi8iled by us.. or
the finonci81 st81oments are not in agr8emanl with the accounting records and relums, CY
certaln disclosures of Iruste8's ramunerallon specifled by law ara not madg., or
we have not receiv8d all th8 Inform8llon and èxplanations we requlre for our audll
R•8ponBIbllStl￿ of tru$t•••
AS explaine(I more fully in the Irusleès. reypon?ibllrtie¥ Slalement, the Iruslees are responsible lof the
proparalion of the financial slalemants and for belnu $81isfied that thgy glve o true and fair VI￿4, and for
Such Inlemal control as lh8 Iruslees delemine Is nacgs$9ry lo enable the preparation of flnaneigl
slalements that ore Iree from matèri81 misslalamanl, whether due lo fraud or error.
In prepgrfng the fin8ncl81 stalemenls, the Iru8te88 are regpon8ible for 8s¥es$ing the chartiy'8 ability lo
conllnue 88 8 Going concern, dlscloslng, as applicable. mallers ralated lo going concern and uslng th8
going concem basls of a￿oUntIng unless the Iruslees ellher Intend lo liquidate the charlty or lo cease
operations, or have no realislic allernallve but to do so.
Auditorfl r••pon#lbllltl•• for the audlt of tho fin*nGl•l
We have b88n appolnled 88 audftor under seollon 144 of the Ch8rilles Act 2011 and report In
accordance wlh règulations mad8 under section 154 of that Act.
OUT objectNe5 are to obtain reasonablè assuranc8 about whether the flnan&al slalemenls as a whole
are free from material misslatemenl, %thether due lo fraud or error, and to issue an auditor's ￿pOrt that
includes our opinion. Reasonablg assurance is 8 high level ol assurance. bul Is not 8 guaranlee that an
audit conductad In accordance wlh ISAS {UK} wlll always detect a material misslalement when il exists.
Mlssiat8menls can arise from fraud or error and are considered materiol if, Indlvldu8lly or in aggregate,
they could reasonably be expected lo influence the economlc decisions of users taken on the b88is of
thes8 financial slatemenl8.
Pagg 12

Independent Auditor's Report to the Trustees and
Members Of the South England Conference of Sevonth-Day Adventists
for the year ended 31 December 2020
Irregularit18s, including fraud, aro Insl8nc&$ of non-complSance law9 and regulation5. We design
pro¢edureg in line with our responsibilities, outlined above, to delect material mi6Staiernentg in
respect ol irreguladties. In¢ludin9 fraud The extent to vwhieh our prcKedure8 are capabl8 of
detecting Irregularitl88, induding fraud is delailed below.
Explan8tlon a• to what •xt•nt th• •udlt congldered capabl• of d•ts¢tlng irr•gul•rltle•,
Includlny fr•ud
Th& objectivgs of our audit in rèspect ol fraud, are., to Identlfy and asse$s the rtsk8 of matenal
nisstalement of the financi81 statements lo fraud., to obt8in sufficienl approprtata audlt evidence
regarding thè 888e85ed risks of mateAal misstBtemenl due lo fraud. through designing and
Implamenting appropriate re9pon898 lo thoge 83588ged risk9", and lo re$ptsnd opproprtalely lo
Inst8nces of fraud or suspacted fr8ud Identified duriw the oudll. However. the primary respongSbllity
lor the prevenllon and d8t8ction of fraud rests ￿th both mAn8gemenl and those charged wllh
governance of thg charity.
Ourapproach W88 lollow8'
We obtained an undgrjlandlng of the l&Jal and r8gulatory r8qulrement8 appllc8bl8 lo Ihg
charity Bnd con8ldgred Ihal the most 8ignlfi¢onl are the Charities Act 2011, th8 Ch8nty
SORP, and UK financAal raportlng st8ndAfd8 a8 lJsu8d by th6 FinAn¢i81 Reporting Council.
W8 obtalned an und8rstanding of how the ch8dly ¢omplie8 Wlth th88& rnoulrernenls by
d18cus8lon wlth man8gernont and tho$8 charged %%llh govemancg.
We 8558ssed tha risk ol material mlsBtatemont of the fin8nclal sla18menis, Includlng th8 rfsk
of materiol mi8$18leTh￿nI due to ffaud And how it mighl occur, by holdlng d18cus$ions wllh
rnanagemenl and Ihog0 charged ￿th governance.
W& InquSred of managemnl and Ihosg charged with oovem8nce 88 lo any known ingtonce
of non.compll8nc8 or 8u8P8Cted non-cornplSance wlth18w3 and regul8tlon8.
898ed on Ihls understandlng, we d881gn8d 8pocifi¢ 8PPfOFffiate oudit procedu￿¥ to idenufy
in8tanceB of non-compli8n¢& I￿1h laws and regulations. Th58 Included making onqulrias of
management and tho88 charged wllh govamBnc& and obtalnlrvJ addlllonal ¢orntxJr8tlve
evidence 8$ required.
AS Part ol an oudlt in accord8nce wlth ISA8 IUKI we gxerci80 professlonal ludgemont and malntaln
profe88lonal 2c8pticl8m throughout th& gudil. We 8180..
Idèntlfy 8nd ass09S tho flgk8 of maledal mlsstatement of th8 flnand81 yt8tenxntg, whathar
¢Jue to fraud or error, dasign 8nd perfomi audlt procedures re3pon8ive lo thos8 ri9ks, and
obtaln audit evidence that Is suffici8nt 8nd appropriate to provid8 a b8$18 for our oplnlon.
The risk of not doiectlng 8 m81grial mi3statemenl ￿SU111r￿ from Iraud is higher than lor one
resulting from error, ag fraud may Involve(1 ¢ollusion, forgery, Intentional omi88ions.
ml$r&presentationg. or the ovèrrid8 <rf internal control.
OblBln an understandlng of internal control relevant lo the audlt In order lo de3*n audrt
procedU￿S that are appropriate in the circumstances, but not for the purposes of expres$lng
an opinion on the gffecliveness of Ihe charliable company's inlemal control.
Evaluatg the approprfateness of gcwinting pollcies used and thè re880nableness of
accounting estlmAlos and rolated disdosures made by the InJ$le￿.
Pag•13

Independent Auditor's Report to the Trustees and
Members Of the South England Conference of Seventh-Day Adventlsts
for tho yoar ended 31 Docember 2020
Conclude on the approprioten85s of the trustees, us• of th8 goiro concem basis of
accounllng and, b89ed on the audit eviden￿ obtained. wheth8r a material unc8rtainly exists
related to events or ¢ondition8 thBt may cBst signrficant doubt on the ch8ri¢y's ability to
continue a5 a goiry concem. If wa eon¢lude that a materfal uncortainty exi8ts, we are
required to draw attention in our &uditorfs report to the related dlsd08ures in the lin8ndal
gt81gments or. rf Such disdoBuf8s a￿ inad6quat8, to rnodify our opinlon. Our con¢lu8ion
arB ba8ed on the 8udlt evidence obtained up to the dale of our auditor's r•port. H¢)wever,
future ev&n18 or condrtions may chu8e the charity to cease to ¢ontinue a$ a going concam,
Ev8lualo the overall pr&8enlation, structure and ￿nIent of the flnanclal 8taLèmènts.
Including the di9c10811r88, 8nd whether the financi81 statements represent the underfying
transacllons and èvent8 In a manner that achleves fair presentoUon.
OtrAain Sufficlent appropri819 8udit evid8nca wArdlng the financlal InlomiaUon of the 8nlttie8
or activitles wSlhin the group to express an opinion on the congolldat8d Iln8ncl818tatem8nts.
We ar& rgapongible for th8 dif8Ctlon, superw8ion and pwlotmance ol lh8 group gudiL We
rom81n 8oley re8ponglble lor our audit report.
Wo communi¢8le wlth tho88 cha￿ad wlth govemance r8g8rrJlng, 8mwg other matters, tho planned
8¢opè antl tlming of the audlt and 31gnlficant audit Ilndlng$, 11￿u￿1ng any 8lgnlficanl deliclencAg8 In
Intemal control thAt w8 Idenuly dufiThJ our audit.
UM of our T•POrt
ThiB report Is mad& wlely lo th8 charity'g trustees, as a body, in accor(larth with Chapter 3 01 Part 8
of tha Ch8rll88 Aci 2011. Our audll work h8s be8n undertakén Jo th8t we nNghl state to thè ¢h8dly'8
tru61¢e8 those mallers we ar8 r8quired lo state to them In an audlloff s report on¢J lor no other
purpose. To tho full881 exlent pemiliied by 18w. we do not aCC8pI or A88um6 re8pong1b.l￿Y to any
paty oth&r than thg charity and charfly's Irustees ay 8 body, for our audit work, for th1$ report, or for
the opinlons w8 have lormg(1.
Dale.. 9 December 2021
Moor• Klnll•t¢n Smlth LLP
Sgnlor Slalulory Audltor
4 Vlctoria Square
Sl Alb8n$
Hert8
AL13TF
Page 14

Ill I
m*

Souih en*nd (onlErenEe DISeventh-dDy Advthtlsts
TrnlblpFL¥ld*SSrt5
35,13457Q
50S.
36,148,gZ8
505mJ
CurrnntA#•
50,72D
2,701901
1.175.720
6,579.31J
10,587,057
49,0
2Ké2,3JI
1,175,720
6.317
kO,2Y4.6
DEbiots
J,n2261
1227,4&)
1.717,641
1.117,W)
12,145,148
CrndllQfJ'.AmoyThtsthowSthln4wt
4,BZ4,416
3,747,8J5
4,639,119
,S51631
7M5036
6 611045
17
277.081
416A91
277.901
36aJu
27
•undb•th*
1¥rf•5tn(ted
J4,092,É76
3?,93￿66
9,124935
4106L501
J),917,4fr)
10,121Q3
44,NO,496
9,105283
11,V5A44
19 4?J7.451
ApprD¥•d¥dWJ¢b0ih￿ Ipl￿vI￿¥the DaDfd•fTNrt••ian
Trmiw
Trorrt¢q¥•npxvil8t• Jll¢m•irtolthu•KMuftlS,
Pw17

sO￿h Ett￿and Conletence of Swqnlh-d•yAd¥•ntlsts
Furthe trYireTrded31 De￿mber1010
A si1tsffl•ntOf￿h I
20
zoig
Ntt G4sh provlded bv lused inl oper8bni
a¢tkrflties
20
A,736,736
565,3d9
Net Tr5h provldpd bylused Invesiini
21
13,043,408>
14,505.1311
C*hfflowsfromlhwntinixthitks
Netca$h provldert bylu¥ed wl financini
22
1,178,042
I,(￿9.05?
12,870.1251
9,449,438
6579.jlj
r41 In r•sh •Trd Inth•
2.871,370
6.579.313
*A50,681
Cuh lndcaih •qu￿•*￿tIlt1￿q￿d •fth•
OlJ•u•ry
Oth•f fvjfv 31 D•¢•mb•r
¢41h
2020
ih..
C45h •t b¥nk ind In hond
lÈss".D•pDslts ireailé •$ I￿￿k￿
6,579,313
1871,370
9,450.683
6,577,294
2,871,370
9.448,664
Oeposiii Irt1￿ed In cash
2,019
6,579,313
2,019
9.450,683
2,871.370
D•bt:
O•b¢Stlv•*ltNnon• year
Debts Hfter moreth¥n on• y•ir
11.445,574
lJ,178,0111
12,716,535>
92,919
4,161AIS
1,69J,J28
6.555.741
P•0• 11

South England Conference of Seventh-day Ad¥entists
Not￿ ¢othe Fln•nclJl Ststements
Forth• y••rend•d 31 Detem￿r202Q
1.1 Baslsof prep3raibn
The tlnandal ststements havE bpen wopared underthe hlstorlcal costconvention, withthe e¥cepUon of in¥eMments whlch are
included 31 rnarketval*. The flnancial statement5 have been wepared In accorJèncewlth the Finatycial Reportln8Standard
ap￿ICable In the UK and Republlcof Ireland IFR51021. The Charity isa putyicbenefit entiiyforthe purpose of F￿$10? and
t￿refOre ha5 also prepared Ilnanclal statements in aceordance with the Statement of Recommended Practlce applicable ¢0
charl￿e5 prepa￿netheIraC¢Cunts In accordance With the thè Financial Reportin8s￿O￿a1d appI￿able in the UKand Republic of
Ireland (The CharitiesSOI4PI.
1.2 68515 Of ¢onsolida¢ion
The Group flDancial siarements¢onsolldat@the nnanclal statements of the charityand itssubsldlaryundertakln85drawn upto al
December 2020. The resultsof subsdiafiesacqulred orsold are con5011dated forthe perlod5 from orto the date upon whlch
ontrol passed Ac4ui51tion5 are accounted for underthe acqul4tion method.
All Int￿ group transattl￿s balante5 and reali5éd 8alnson transactions between 4fL¥JP •nuiiesare ellmlThated on consdld*lon.
1,3 Golw concérn
The tnjsiees have a5se55ed wh@rher the use of 6oinÉ conce¢n15 appropriate and have con￿￿ere￿ possble events or condlllon$
thai mlÉhl Cast ￿￿nIfIcant dotsbt on thèablllty olthe charlly lo contlTrue a5 3 8oln8 concern. The rrustees haveconsldered the
results reported In these or¢ounts and hwe made thelr a5ses5mèntfor a period of at leosi one Veèr from the date of the appr(Y411
of these flnanclal statements.
In partlcular, the irustee5 hwe consldertd the Impa¢r ofthe Corona￿ruS pandemic and mea5urestaken In the UK lo conuin11.
The chaAty h05 an adequai*<ash reseryes posltlon at the t5m@ 013pproval of these Ilnanrlal 5tatemenr5. Whllst the chailty
has bEen Impacted bythe panoemlc and the r￿￿ted contalnment measures. includillB the c105ure of ehurches, Ihe chariiy has
eontirtued to re¢ei¥Q ro8ular Income Includin8from tlthe5. TheTru5tee5 have also iaken measures tts mli58ate the Impact
includln4revlewln8and Ilmllln8dlxretionaryJpEnd 05 well as Utili￿n8VIrtuaI rneeiinis 10 replace 88lherln8sand Ihere
allowln8 the charlty tc reduco ￿ent wsts. The Churches ère now open and hove 5rarted tofuncl￿n as lttey did beforethe
pandemie. ￿laW4n4 made enquirie5, the trustees have concluded that thère15 4 re45oThableexwtt¥iion thai the charlty h15
aoequate resDurce5tc continue Sn operatkinal existence forat leèst 12 month5 Irorn the dateof the audit ￿port cf these
Pinancial 51aiemenis. Thè chariiy Iherefole conrinues to adopt the 8olnBcoDcern baslsln preparlnE linanclal statefflents.
1.4 Fund accoundni
RestrS¢ied fund5 are those whth areio be u5Ed for tht 5peclfled purpose5 a5 lald down bytht donor. Expendlturewhich meets
Ibe5e rrlterla15 allocated totheapproprtatefund. Tho nature of re5trl¢tioTh Is furtherexplalnèd In the note5 ro rhe financlal
slatErnEnts.
Oe%snatÈd funds are those whlch have been set aside by thè adminlstratlon wlth fheconsent of iru5teesfDf 5PeCifkantlclpaied
purposesor ev*nt5. The alm and u5eol eath desl8nated fund15 set cut In ihe notestothe flnanclal Statements.
Gèneral or Unrestricted fund5 are donatkin5 and other Income reeelved orientraied for rhe lurtherance of theobpcts of the
charirywlthout specifipd purposès and, therefore, are avallable asgenerai fund
Investrneni income, Kaln5 and Ios5esare allccaied to the appropriate fund.
1.5 Grant-rnakini pullriE5
The IrustEE5 allLKatEKrènts in ¥cordH￿e￿lIh iheoblectssetout in the charlty'swrlttqn conStltur￿n, which are summarfsed In
the Trustoes. Annual rièpcrt. In ieneral, grants are made to associated charitie5 throv8h approprl•te ¢ommltteE requ25t5 and
pollcyarraniements, ratherthan In accordance wilh publlc application.
1,6 In¢omln8 resOu￿e5
All Incomin£ rE50urce5 arE incIL￿ed In thes￿emen￿Of FSnancial Actiwtieswhen the charlLY Is le83ll¥eniitled to the Inc¢mÈ and
the amount can be quantif4edwith re850nab￿a¢cUracy. For lrfa¢ie5, e￿tIt￿rnent Is the earl￿rOf the charity beins notified of an
impendinK distribution orthE le8ac¥bèlng recelved.
Income tax recoverèble In relatlon toinvestment In¢ome15 reco8n15ed 3tthetlme ihe Investment income Is reCe￿able.
P49• 1*

South England Conlerence ol Seventh4ay Ad￿ntIStS
PJote5to the Fln•ntlal 51aternonts
For the year ended JI December ZOZ
1.7 1.7 Resources expended
All expenditure Is accounted foron an ac<rua15bas15 and hos been Included undere¥pen5e cate8orfe5that a88ro83L@ all c05r5 for
alki￿tiOn tD act￿[rieS. Where cosiscannot be dirertlyattrlbyted to Dartkularact￿Ifje$t￿t¥ have been albcated on a basls
cunsistent %Yith the use of the re50urcès,
Fundrai4ng w5r5 are Sncurred in seeklnÉvoluntaryoniributions Jnd do not Inelude thec05ts of dl52eminatin£ inforrnatlon In
5UPPDrt of ihe ch3rltablÈ aciivltlos. Support Cosisare those costs incurred dlrectly in SUPPDrtof exppnditure on theoblects of the
ehaiity. Governan¢ecosts areth05e Incu￿e￿ in confFection wllh adminlstraiion of the chadlyand tomplianie wlth constitutlonal
and statutory re9ulrornont5.
Grants payab￿ are thar8ed In the yearwhèn the offer Is made. excEptln those ca5e5where the offer Is condluonal, such graNts
b¢in8 recoinlsed as expenditurewhen the conditlons attachin8 are fulfilled. Grants offered sublectio condillons whlch have rntst
been met at the year end a￿ noted a5 a commitment, bui not accrued a5 expenditure.
Stafl c05t5 and overhead expense5 are allocéied to aclivilles on the ba5isof Ilme spent on those aciivitle5. Resources E4Dended •re
5ncluded in the Ststement of Flnandal ACtI￿tIeS•￿ an accrua15 basis. All costs 5nclude Value aé¢Jed tax where appl1{a￿e.
1.8 1.8 Riskmltliatlon
TheTru5teeshave8lvon con5kleratlon tothe rna￿r r15kstowhich the chaflty 5seAp05ed and estab115hed 5VStemsor procedures in
ordertt man48e ifvose rlsks. They are supported ln Ih15 re8ard byAdvenrisr Rlsk Manè8ement who ueate awarènt5sof rlsk lorthe
workl-wlde OPEra¢bnsol the (hU￿h and souKe coverto m5tliate attendant rlsk5.
1.9 1.9 Flxed A%sets
Depretialion Is provirjed on tan8lble ffxeé a5setsln Ofder to write off e¥h 15s•ioverltsexpecied econ￿1( Ilfe. The rates of
¢eweclaiion applleu to èaeh cla55 01 a55et are..
Freehold propertv
1.33% Str#lihi line
Ofllte flxture5 an¢ egulpmeni 20- 33% Strai8hl Ilne
Computer equipment
It•m5 of furnlture and equlpment£ostlni1è5Sthon £l,Cb))each aretreated as an expense w o(9ul*tlon.
1.10 Penslon costs
Following the closureol the Se¥enth.dayAd¥tniist Retlremeni plan In December 2013, pen51cn5 Ire providBd In ierm5 of the
natlonal Auto-EnrolrreTri requlrements and Invested In a Groyp Personal Pen5Kin Plan through Le8al and GenEr￿ Insurance
Company. C051s relatin8 10 the lormer plan are ftow btrrne b¥the 8fltiSh Unlon Cconfeience,
1.11 Stock
Stock Isvalued ai the lowerol cost and nei rtaliiablevalue after makln8 due allowance for obsolete and low movln8 Items. Cost
Includes 311 dlrect C05¢s and an approprlate proptsrfon for Ilxe¢ and ¥arlab￿0¥erhÈad5.
1.12 OperatlnR leasès
Rtnta15 payable under operaiinB leases are ¢h4r8ed In the profrt ènd lossattount on è strillht Ilnè ba45 overthe lease term.
1.13 IDvestm•nts
Investmentsare Stated at m8rket¥alue it thp tralan(esheei dale. The 5tatemeni ol Flnanclal ACtI￿t+S includes the nergains and
1o55es arl$ln8on revaluatlons and dlsposalsthrou8hout the year.
1.14 Investment prDpert
Investment propertles are Included In the Balance Sheetatthelrwn MarkttV￿ue.
P¥•20

South En8land Conference of Se¥enth4ay Adventists
ot•s iothe Fln•n¢lal Statements
Forth• ￿•r••d•d 31 Detember2020
1.15 AceountinE for Ioc31 cwÉre8atlon funds
A SL￿nd or8anisational structure. goDd flnancial man8erneTrt and control have always been characterlstlc of the Sevenih4#y
Adventist Church. Congregatyons are consideTed to be members ol a sell firtèncinÉ Conference ISouLhlNorth Englandl or
financlally 5UPPOrted Mlslon IlrelaDd,Scutland & Walesl. The Bntysh Unlon Conference18UCI coordinote5 the work of these
ent5t*s. The SEC and NEC are separate le831 ¢ha¢ities, and the Misslon5arÈ partol the BUC charity.
There Isa strong bond betweEn theCon8re8atlons and their re5PECtive Conference or Mlsslon. Oonations In respect of tithe,
Church Wortd Mlssk)n and 5pec131 offorin8S s￿en by Ind￿5￿Ual members have alwav5 been ￿MIttedtO1he Conferen*or
MIs5ion, as'conference Funds" ThEsefunds belon8 to tho Conference or MIs51onwhlch arfmln15tsry the funds, ernpbv¥
and dlrects the minlsters, and hold5tlde tochurch Buildiws.
Membersa15D funds spocltlullyfor ihework Iwally and forthe malntenance and upkeep of thelr church bulldlw.
Traditionally these"Lacal Funds, have been hekl admlnlsiered and a¢ctyJnred for lo¢allv.
Oyer tlme. the ￿latiOnShIp between the local conire8aiions ind thelrrespectlve Misslon orconference h35evolved and the
linan<lal bond has stren8thenÈd. Increaslnth, local COnBreBatlons ha￿ rernltted"Local Fund5" to iheirconlerenceor
Mlsslon to administer.
Until zoii the Local Con8re&atlonswere con5idefed io be le8al ent1tles 8o¥erned b¥thelr bcal Church Board in acrord3n¢e
wlth the ch￿￿h Manual and the account5 of the Bucwere prepared on this tsa45, eicludln8"L¢Kal Funds.. L8te 2011,
le8al adylcewas recelved to the effECt that on balan¢e Local Consre8atlons a￿ In Effect bron¢he8 ol theSrConference cr
Mission. Though In practlce Ihey operate as Voluntary locHI Se￿ 8ovemini 5UPPOrt iroup5.
In these flnanclal stèiement5'Lor•l funds" romllted toand admlnlstered by the conference are Included as irtomin6
Resourcesand EMpenditure50f the Conference. These funds held ￿ the conference are d15clos*d as belon8in8 to the
ronferencè, and are dlselD5ed spparalely asfund5 restrlcied 10 the use of Iht local wn8re8allons.
Donatian5 retolned and adrnlnlstered loeally have not been Included In these Iltsanclal $131ernont$ 51n(e Trusteesdo not
admlnister these fund5. Donors partieipaiè In the appolntmont and 8o¥ernane& DI the church at all levels. and antlcipstè
transparenry3ppfopriaLe to their expeetaiicn5. Wholgsal• cunsolldal￿n Mr¥esto tonfuse Ihelr understandlnl.
Accounts In resycE ol Charirable fundsdonèted by membersofthe local conyeRatlon and admlnistered by local funds
trÈasurer5h3Ye always been prepared and presented annually to ihe loral con8reiatson. There hasalso lon8 been in pl*￿
pro8rim for Independen¢ Ixaminatlon of those local funds by thé CDnlerEnce or M15s10n.
P4021

south En8land Conference of Se¥enth-day Adventists
t*)te5 tothe Fln•nE5•1 Stat•rn•nts
For iheyȕrtnded 31 December20ZO
1.16 Finonclal in*ruments
Cash and cash equlvalent5
Cash and cash equivalent5 includecash ai banks and In hand and S￿)rtterM dEposltswlth 3 rnaturlt¥dateof three months
or less.
b. DebtorsJnd CfedltLSfS
Debrors and creditor5 ￿￿e￿able orpayablewlthln one year of the reportlnÉ date are cbffied attheir Ht transaciion prlce.
Debrors and creditor5 that are receivable or payable In moro than one year and not subj￿1 to a market rato of Intere5tare
measured at Ihe presenival￿Or the Èxperted future receiptsor payment discounted at a market rateol interest.
1.17 crIt￿al aCc￿ntIn$en4rna1e5 and ludgments
In the applica¢ion of Ihe Charivs accountlni polities, the Tru5lees ore Fequired ro makelud8emeni4 esUrnatPsand
assumpiionsaboutthe car￿n8 amount of asseisand liabilltle5 thararo notwdlly apparent from other50urces.The
estlmates and a$s0¢ialed a$5umpiions a￿ based on historical EXP?rlence and O¢herfactor5 Ihatère conldtrred to be
levant. Actual resuk5 maydlffer from these esumètes.
Thee*imates and underlwn8 0551JrnPllons are revlewed on 8n onÉoln& basls. Re¥l￿On5 to accountln8 estSmates are
recoinlsed in the perlcé in whlch tho Éstimate Is ￿￿4$ed, If the revision affecis only that penod, or lfi the perbd of the
rew4slon and future periodS11 ¢he revllon affects both currentand luture PErlods.
The followin8 jLk4yments and esiirnates ha¥e had Lhe most 51Bnlfl¢onr effect on arnounts rew8nlsed In iheflnancl•l
statements,
The Charity makes an esiimaie of the retoverablevalue of trad• and other debtors. In partleuLar the debior wlth one of rhe
Ch4rtty'5 conirolled School, +tyland House School. wa5 355essEd 8iven the largo delecils made by the Se￿01 In syevlous
year5.
The annual depr￿latIOn char8e lorflxEd a5SEts is stn%tive lo ¢han8e5 In the estIMat￿ useful economlt I￿e￿and r851duol
value5 Of the a55e15. The useful ecommic Ilvesand re￿dUal vèluesare re-a5se5sed annually. They8re3mended %Yhen
nEce552ry to relect current estima￿, based on te¢hnobKlc*l èd¥ancefflenl, future Invesirnents, economic ullli5atlon and
the tondltlon ol the a558t5.

CJ
r4
LTh
4 e*)

Sotsth Engljnd Conlerence ol Se¥erth-d•y Adventi$ts
NOt•s to tht Flnancla15t•temeMs
Fortheyfr4r•nded 31 tseromber2020
3 Incom4¥ R4sowcRslrom
¢h•rbr4ble acilviths
20
ufiw•itrkt•d ResiY*¢•d
Funth
Trf
Funds
UnrestActed
Fund•
Rertrftted
FuTrd5
Totti
Fundi
Grtyjp
hurrh Ministry
85,746
793,842
85.746
793.842
727,072
793,842
914
727.072
793.842
TotdCharlta¥k71ncrHTro
I S20914
Chuich TrthIrt￿(ty
Tat•lch•r1ts￿ I￿(0
353,859
353 859
353,859
353 859
830,702
830,702
4 Inwffi•htlnrorne
1020
1019
Unr•sM¢t•d R￿1￿cted
UnNity*t•d
Fwnds
Trfll
Fundi
Totsi
Fundi
Fun
Group
Loc•lly IlSt*d Irh¥eslrnents
H•tum on lo(al ta5h
Unr¢all4•d G•lnson In¥￿t￿ent
30,246
30,246
180
103,213
103,213
fil,151
60,151
Ch•rlty
Locally Ibted INe5tm•nts
Unr•a115¢d Galn5 on In¥estm•nt
29,669
29,66Y
lo1,￿7
61,599
i￿.$￿7
14

331

Sovth E￿and tonlerence ofSeventh4•y Ad%*Thtlits
Not•Jt(+th•Fln•rt<l4 5t•t¢mEnl*
Farthpyp4rended3lL*¢•fflts•r 14
rw4nt
support
A£tMti•i Lkndtrtikon
churchm1￿1$iry
E&Jc•tlu
81.062
228.25D
3.921.029
9,439.b65
2.144.973 11.665,wi
2.2J3.763
RptlTtMifitr•wn&l￿1rtle5
J 464 ila
•nt
Totil
Church Mlnis
Edu¢it
Oblqill¥qSln ulheriwriphl£* w•4
Hilli•mpTht r•ippnsltyl*l
JIM8 11.914.YO
JB9,399
I￿11.1¥6
4.501.452
2.Lll.271
I￿$2?
14.081.323
2.669.522
13S56441
2 J79904 22
rfty
Gr•nt
FyndlDIo1
Ok•￿V
l¥•n
Chui¢h Mn15try
sijiio
3,911,QlY
0,205.637
1,355,461 10.112.113
))B,916
1,658.901
DbJl¢llvelln UthellQOlT4￿Ic￿I
ar•Trt
>Jpp
Tgi•l
Dlrirt
Undfftik
CMi¢h Minisity
E￿¢it￿
323,QW JO,880.997
67Y.399
1.209bX
Im5.598 13.209.655
1,306.710
RoWiemenire5PWsIIAlitl
•14

South Ewland Conleren¢t•fSv4¢rfh.d•yA*4•nitsii
Fwth•¥e•r•nd•dM pet￿bIll020
2020
Church Mlnlstry
6,981.590
412.053
11.584.839
846
41731
T•t41
ChuKhMItyS1ry
7.019.
456%9
&5Dg.919
417
17
14.056,215
523
thurcb mIn￿lty
(ducil￿n
.711.S87
444,J97
77
491774
3,J75,SIJ 10,531,591
3 750570 11701 775
M1rtlitry
6.847.779
483,217
5,555.549
11.186.595
Edutit

South England Conference of 5eventh-day Adventists
NDte5 tothe Fln4nil•l St4iements
FvrthEye•rendEd 31 Decefflber 1020
7 kn•lys& ofuants
20
1019
NumbArtsf
Numbef of
eenelkllrfe
Tot•1
Gmup- Et1ts¢atlon Grnn¢s &Suppwt
78
149
thar1ty- EdutatlDnGranis & Support
78
228 250
149
Gr•ntstolnMttutloni
2020
IOX9
Gmup
Ch•lty
Growi
PrkTh4ty schuo15
189,9
iio,r#YJ
GonÈral OperJtlons
Brltkh Unionconlofencp olsv￿Trth-d0¥Ad¥efflI5rI Mlsslon In Dther af•&g
rlthh UniDnConlerente DfSwdenth-dlly Advent1515 General OperèiiD
(x￿er&r4ntS to Church Entltles
Gener81 OperatioTrs
Ret4pement Fund
P￿1 ptnslon denclt
TOMI ITr¥¢iMI•MIGnht*
276,797
1.983.831
1,983,831
2.517.621
2,517.621
31,098
A6,263
L 542 043
1 542 043
6 184 593 6 766 55
1,578,440 1,578.440
2,342.589 2,342.589
Sl.L￿2
81,012
1464118
1464 118
s 466 209 5 756 139
T•¢ilGr•nts
S 694 459
954
1019
Gr•up
Ch•rlt¥
Gvoup
Chthty
Athlll Costs
Tru51¢e eip•nsei
94,171
10,087
25
94,171
10,087
19.560
19,%0
6,￿0

So¥ih Engl•nd Confer•nc¢ of 5eventh.day Ad￿￿ttsts
NO¢￿tr th• FINn¢thl Stit*me*ts
F0Fth•￿•nd•d 31DKwnborlQZD
Tot•1
20
20
Thty ￿ 5tsted Jfter tharAlnK'.
Depreclatlonof tan8lbLe flxad 1550ts=
R•lmtWfsemÈnt¢f ￿￿e￿*StO trustees
Fee5 payable to the charlty'saudltor
forthe audll of Iheannul accounts
507.398
tO,CQ7
S13,847
Dwln8 the￿¥ rflrnmgntbeneth6 w•re¥£trulnB tc 11 Trust4•5 In r4spqrt
of penslon schemes
10 Staff Cobti
Tot•1
T4x41
2019
Stalf tostswe￿ ès follows..
Waiesand Sakrles
Soclll SKurlty C051S
Oth•rpwsbn Costs
7,110,104
730.455
7,2fK>,328
736,013
The*Ytr4e Dumberofemphy••s durln11h•￿if
In t￿ follDwlni¢•ts6of1•5W4f•'.
20
Ch•dt•ble actMtle5
Support aCt￿ltit$
M)w¢ment and •dmlrlstrntkr*
149
163
41
22
22
Noemplwes i1<￿vell r•munpr•llon •fflountln8tgmore Ihan £60,OWdupl￿ Ih•y••r
Emplwd tru5t•Asand th•lrlMm*d￿ 11m1￿M•mbèrs rECI￿derno1urne￿lils follows..
20
1019
K•¥m•n•i•ment
Oth•rtrwt••s
ISl,520
364,639
160,719
311,857
P4y•29

5Duih E￿￿nd ConletyrK* of Sthnth.Owy Ad￿rt
Notps tothe Flnanilal Statements
Forttra ￿*r•I￿1•0 JI Pqremb•rlOID
11 Tllng**FIK•dAsMts
FrethDld
Lea5•hDld
OpArntlllfiAI
p•rty sYop•rty Egulpm•Tri Work knPrw•ii
Total
GrLwTrpCost
A5atlaDL47ry 1, 2020
AdditlDns
C05t transfer out
Asjt December 31, 2020
33.677,255
1.054,911
861,802
2.244
6.745.7n
3.032,980
1 303 441
8 475 316
42.339.745
3.035,224
33 677 255
Asal january 1, 2020
CharBèfor Year
qat D8rember31. 2020
6,216.305
459 813
6 676 132
222,327
767,539
7,2L%,175
510 656
7 716 831
222 327
818 372
N•t8ookV•lue
As atJ8nuary 1. 2020
A5 at December31. 2020
832 584
263
6 745 777
475 316
3S 133 570
36 354 697
27 001123
Ch•rltyCort
As atlanuiry 1, 202D
33,63&872
1,054.91J
687,554
6,745.7n
3,032.
1 303 441
8475 316
42,127,114
3,032,980
gst tfanifei out
As41 Decqmb•r 31, 1020
31
54
43
As atlanuary I, 1010
Charle loryear
As4tQecembei 31, 2020
6,216,309
222,327
625.416
7.064,052
d93 773
7 557 825
222 327
N•t Doo&Vil
AS•tJanuary 1, 2020
Ai •1 DecembEr 31, 2010
27 422 %3
26 967 686
745 777
475 316
35 C*3 062
36 298 828
24
PiyJD

uth E￿￿•￿￿ CO￿teVe￿￿oIS1¥¢nth.¢0YAd¥•nIJI1¥
r4oteFto th• FlnaMlalStatemBnts
Forth•y••r•nd•d 1109¢•ry4xrZOI
11 IimitmElltPropErty
GWDU
20
1019
Ma￿@tva￿￿•tOljèr￿Jry
Mak•tvaluo at31 December
S05
505
The¥aluaMonwaS￿￿d0rtakQnon 7 May 1021tylefferte5gfvm 0f￿rtered suTh¥yors.
qrnu
io
Deyrtrn•nt•l suppl*s
69,648
66.720
69.649
49,014
Pw31

Fwth•¥e41endedal DerernberlQlO
Grou
Ch
2010
laig
0￿•￿•rMW•th•Th •A•y•w
145,413
14,509
0,608
145.48)
L4.5Dg
220.61
22.121
htt
Oy•*41hkn•n•by•r
TrJdedebl(
Otheiamwntiowedbyirtwpentkn
Oth•r*DKwJDt$r￿0d byrthiedchirft
AmouTht5￿Edbvl￿d1onVryIw00S
Govhyrfflffitirmts
41,1fi1
521
244.478
115.993
758.135
57m7
856,IX3
4Y6WI
91.1)9
7SS.564
YOU.943
460,179
IDB,B31
69.JJS
289.951
2￿6￿?
40.132
Pwiym•it5
Emgloy••5
0,7Bi
17ml
67M8
65.335
185.137
IS72169 I 23￿5
Totsl
th*
117,W 1,175,710
IJ27A60
1.17S,720
PryJ2

S•thth E￿I•￿￿(on1erenCe ofS￿e￿h-￿YAdV•n1l￿S
Iitst*ito the Fln•Trrkl StaternentS
FOrth•Y•4rend￿ ai D•¢wborlQ20
16 Credltor4.'ArhbJllntshiiinidui onesY4r
Gro
1020
2019
Z02
2019
8anklOall5 and Oveldrafts
2.716,535
220,107
107,469
1.445.574
452.478
119,641
1,716.535
218,948
1,445,574
452,478
Advances forcha￿table a￿l¥ltieS
DUE tO8roup undertaklws
DL* to pEnsion lu
Oue lOaSSO¢lated charitie5
D￿e tolocal ¢oniieBatlDD5
Ernployees
Accrued expenses
OefErred Income
AiencvnrustAccounti
Taxes payable
Other Creditor5
136.218
65.288
,420
130,385
6.165
32S.225
79,809
145
17B,682
126,086
65,188
868,420
130.385
6.ISS
311,718
492,308
218.508
10,610
745.¢X)7
492,308
218.%)8
ID.610
454,097
Il5
178,682
134.453
208,966
54.743
208.%6
134,693
17 Cr*d￿0￿..ArnQUnty l•lllw¥u• ift•ron•
Grou
2020
Ch•
io
2019
2019
178,405
99,476
271.324
14S,567
178,405
99.476
77
271.32A
91,889
Amounts due ioassock4t•d<h•rf11•5
Of whlth amouhts filllN dueall•r5 y14F5.'
Rewy4bli by Initalments
P•y•J3

i 11- 11112:
c w

So￿th EnBl•Trd Confer¢Keof S¢vqnth-d•y
Notps ¢0 the Fkn•nt+al Stat4rn&Thts
Fortho y•ar•nd•d 31 DeremberlOIO
19 AN￿110f￿*t•S￿tsb•th1n
Unre5tritt•d
Funds
Rèstrkted
Funth
Total
Tan8lblefixed a55ets
Irwe5tmentpropertv
CurreDt A55et5
C￿lte¢S duewithin one year
Ciediiof5 due In rnoieth4nonE yeBr
T•t*l FuRdb
36.354,697
505.OCO
2,33S,276
36,354.197
505,000
12,4W,052
3S,233,570
505.CQO
ID,SB7.$57
10.144,776
416 891
ZQ19
N•tlncDmln8 resourtes btfo* revalLWtlon5
fletums OTh Invesimertis& Sery￿n8 of fiDDn
Depreciatlonof tanilbleflxed J$seis
ProYi$l¢n for baddebis rnadellreleasedl
D•flcltl Sufplus On dW0541 of Ilxed a55•ts
Re¥alu•iion ollnvestm•nts
Iin¢rea%el Ioecreaseln stocks
Ilncreasel Ioocr8a5e In debtLVS
In¢reasellDe¢rea5el In credltors
2.J75.951
IB,043
510,656
1587.7721
518,410
152,9451
1,303,411
161,5991
12,9281
1,036.039
240 471
161.5991
22.172
81,145
77S SS2
Zl Analy￿01 (•th 110￿11•M
20
1019
Dl¥ldend5, Interost and r•nts liom InvÈstm*nis
Inl•re5t rerefved
Intère$t
14,319
163,486
118.0431
9.859
13,035,224)
13,043.4081
131.124
126.7081
14.609.547)
14,505,131)
Investments rn•di
PurÈhos•of property. p14nl and egulpm•ni
12 An•lyith olcwhffl•wslr0mllNrKlry•rtl￿thN
Loans It¢*￿ed
Le￿ loan$ re￿1￿
N•tc••h InfJwlr•m hwwiini4ctl¥k
1,310,736
1162.6941
1,178.042
I,IS4,426
184.765
1.069.657

South Ewland Conf¢ren¢* of Seventh.d8y Ad¥entlMs
Iloie8to thi
forth ¥Mr•NdedJl December IOZO
21 R•ktsd vrtytr￿I¢￿￿s
Thecharbty tsafnlkted tothe 8ri¢ish ￿n￿n¢0￿ferentèOfSÈventh￿3vAdVeTht1Sts (• ruL#ered charityl, Stanborcuih Pirt
Wofford. herts, WD25 9X and wilh whKh Ihecharfty*a54tllhe4harlnoa8reernont.
tharfty•kn ￿ rehuonswlth The Edenschool o prf¥ate prtmary*hoolopEr*ed trrfthB 5POU5e ofanaffltaroft￿ th•rKy.
rll4h unk)
CoTrlew¢•
Thq Edll
T•t
2020
Tot41
Tlthe.sh•rfw ir4nt5 rece
Thhe-sh•rln88r4ni$m4dE
the-5hirlni foi Penslon DEf*lt
Oth•rirants made
103,918
3,513,883
1,464,118
103,918
3.S13,983
1,464,IIB
137,722
3.776.431
1,541,043
60,0
Arnounts du•to chDrfty < I year
LO•h$ by tharfty< I year
Loans dw by(har￿V > IyEJr
•r irnountsdue tyth•rtty< l ¥eir
419)3
42,903
34,676
99,476
33
106,903
72,016
145.567
75
34,676
99,476
14 L*h•r r•l•thd
Seventh-d4y Adv•nttslAssod•￿0n Ltd
G•ntorn WDtlord, H•rtf¢rd5hl
Ch•tltyNo, 209780
C4mpanyNo. 89953
UK
T￿￿rho￿ter01prow
ITf¥$te•$ aPPOlnted bv
BUC ￿ecUt￿le committeel
Pry•J7