South England Conference of Seventh-day Adventists Regi8torèd Charlty No (England and Wal•s): 1045587 Annual Report and Consolidated Financial Statements for the year ended 31 December 2021
South England Conference of Seventh-day Adventists Contents Pag• Tru•t•es R•f•rgnc• and admlnlstratlw d•tallg of th• Ch•rlty and 4dvl••rn Tru•t••8' r•port Ind•pend•nt audttor'a report h•rlly Stat•m•nt of fin*nclal actlvStl•8 12 Group 8tat•ment of Ilnanclll •ctlvltlo8 13 Bilanc• •hMt 14 Not•• to th• flnancl•l 8tatom•nt• 10
South England Conference of Seventh-day Adventists Trustees Pastor Emmanuel Osei Ichaimianl (Executive Secretary) ITie8surerl Pastor Douglas W Mccormac Mrs Candy Layson Mrs. Esther Aryee Poslor Anlhony Fuller Mrs. Abig8il Wright Mg Judy Clements Mr Kwa81 Dankwa Mr W8yne Er89mus M5 Julila Francols Ms Natallg Henry Mr fhvayne Lawson Ms Nomsa Maphango Pastor Samuel Ouodlo Pastor Sorln Pelrof (Resigned 22 May 20221 {Reslgned 12 December 20211 Pastor Mlchael S81mon Ms l$ha Scoll IReslgned 24 January 2022) Ms Abigail Wright- Stephenson Pastor Bemard Akakpo Pastor Hezron Adingo Mr. Grisl Wilbur Mutambara {Appointed 19 Septembér 2021 } (Appolnled 12 Decembèr 2021) IAppo5nled 3 Apdl 20221 (Appolnled 2 May 2022) Mrs Allson 81ackburn Postor Bernle Holford Pastor Harrlson Mburani Pago 1
South England Conference of Seventh-day Adventists Reference and Administrative Details of the Charity and List of Advisors Charity numb•r 1045587 Regist•r•d Offlc• 25 Sl John's Road Watford Hertfordshire WD171PZ Bank•rn HSBC Bank plc 73 High Street Wallord Hertfordshire WD17 4RB Sollcltorl Anthony Colllns Sollcllors 134 Edmund Sireel Blimlngh8m Wesl Mldlands B3 2ES AudStorn Moore Kingston Smllh LLP 4 Victori8 Square Sl Albans Hertfordshire AL13TF Employm•rrt Ad¥l•or Cllallon PIC Cllalbon Hou58 1 Macclesfleld Road Wllmslow SK9 1BZ P898 2
South England Conference of Seventh-day Adventists Trustees, Report for the year ended 31 December 2021 The Trustees of South England Conference of Sevenlh4Iay Advenusls present this report for the year ended 31 st December 2021 together with the consolidated charlty accounts, which have been audited by Moore Kingston Smith LLP. This Trustees, Report is nol only lo fulfil the leg81 and st81ulory requiremgn15. bul it Is Intended lo explain the aclivitles and future plans ol thls charfly. The dominant theme Gomlng out of our report this year is one of recovery, In Ih8t we found our5elve5 Starbng lo recover from the Imp8cI of CovSd-19. with some sense of normallty beginning to relum and the end of lockdowns and covid restrictions allowin9 Ihlngs we had missed in the prevlous e1ve months lo return. The South England Conference through il many aclivities, events and congregalbons continue lo sarve the wider public each year and we are graleful lo all our members. volunteers and 8mployges who conllnue lo make this possible 8aGh and every d8y. Chlldren's Mlnlstry Wlth the continued uncertalnty over the slate of public health tho Children's Mlnlslries Oepartmenl ICMDI remained mlndful of Ils wide-r8nglng responslbllity 10 8UPPOrt wheie possible. chlldren and their guardians faclng serious challenges lo Ihelr overall mental wellbeing from thg impact of the p8ndemlc, The CMD began the year 2021 wlth 40 powerful 8nd well recelved awareness 88mlnars, namely. Helping Children Balance Ihelr Emotions, and Lovlng Discipline. To bioaden accesslbllily. the CMD conllnued to produce and delSver ils programs vlrtU8lly and streamed thom through mullSple ChanrlS and social medl# plBtfomis. ThSs signlllcanlly Increased the volume 8nd diversity of children reached. A new Easter productlon. And a bespoke chlldren's program for the Conference's annual C8mp Meellng, as well as the annu81 summer flagship- Vacation Bible School - were 8mong the outputs delivered lo reinforce 5pldlual growth. Their Snleraclive nature en8bles chlldren lo display their musical and thespian lalenls. The Departmenl 8ekno18dg8d Orphans and Vulnerable Children's Day where the Director led 8 discussion wllh a panel ol chlld proleclion profe551onals and experts in school eduealion, and a paedialric health practilloner. on the church's response lo God's call lo care for Orphans 8nd Vvlner8ble Children. The Incre8sSng prev8lence of child 8buse necessilaled tho dellvery of gUlar Safeguarding Iraining. More Ihan eight hundre¢J indivlduals registered lo allend Ihese progr8ms. Church Growlh and AdTht Ml88lon The Department re18ins ils posilion as B resourcing and equipping agent wllhln the conference. Like 2020, 2021 experienced continued COVID challenges. howev8r ad8plalion lo new circumstances meant that many of Ihg communlty-b8sed events and inler8clions were re-eslablishing themselves through dbgilal platforrns and other creative ways of gathering. The regular reglme of leachlnG, preaching. 5eminor and Iralnlng weekends resumed, however, Inrfjerson galherlng remained curtailed. Through the support offered by Ihls department, local congreg8Uons continue lo promote the physical, mental Bnd spiritual well-bebng of thelr local communllles as 8 demonstrab'on of our 1811h and mission. Through the Church Plants and Groups assoclaled with this Department we have.. Offered physic81 and online spaces for community lo g8ther for interaction, worshlp and communily-building. Worshlp continues in various hybdd lonlbne and in-personl foms to accommodate 5hifls in the dynamics of the worshlpping communS1ies over the past 2 years. Opportunits'es lo loam about Christian faith through serTrn5, study COUT8es and inlera¢live Small groups. P8ge 3
South England Conference of Seventh-day Adventists Trustees, Report for the year ended 31 December 2021 Various Chrlslian ethos clubs that normally operate from the local church building continue to use online p18tforms 8s part of a hybrid form of gathering. In this way groups 8S teens, youths, senior citizens, parents and toddlers. single mums. have continued lo have a measure of support in Ih85e dlfficull limes. Through the support offered by this department, local congregations continue to promote the physical, mental and spiritual well-belng of Iheii local communities 05 8 demonstration of our 1811h and mission. Community Sgrvlces Community Swvices conb'nues lo be 81 thè forefront of the COVID-19 Relief, We have endeavoured lo build our capaclty in Drder lo meet the demand wilhln our local communitie5 across th8 South England Conference, A5 a result. we have trained 75 more18aders and developed 20 bid writers. Thbs would allow local communllies lo asse88 the local needs and source the resources needed in order lo match Ihelr needs. Additionally, Ihere were 25 loodbanks across the South ol England providlng 20k meals combined. Thg Communlty Serylce d8POrtmenl 8180 collabor8led wllh One Vision lo provlde a response for relugees coming In from Afghanlslan. We were able to seThe 1 k refugees and work with local authorities in helplng them accllmalise lo their new sglts'ngs. Dlv•rnlty Mlnl•trl•• The Impact of Geoge Floyd conllnue31o be profound and as such al the bèginning of the year, we recorded presentaUon5 on cultural Intelligence In order lo understand the differences between each other. Furthermore. our specl81 committee had an introductory meeting in order lo understand how we could create a sense of belonglng wlhin our organi5ation but 8150 in our commun196. dditsonally. we supported groups that were seeklng lo uplill and guidance mbnorily groups, such as Solofoasl almed18rg8ly al slngle black women. and back 10 school h8ir drive.. aimed al equipping parents and children in educallon and beyond. Famlly MlnS•try The COVID-19 p8ndemic has been and Gontlnues lo be 8 glob81 ovenl ol enomous magnllude affects'ng 18milie5 in Ihoir most Important, commllled, and Inllmate relallonshlps. During 2021, the Family department focuse(l on the challgnggs coupl88 and ihelr 18rnille8 encountered and used certain slrBtegies lo help familles durin9 b'mes of uncertalnly and uphe8val, The slraleglgs are ensuring famlly h8ve physical and emollonal safgly whlch Is making sure that thalr environment Is fe from fear, threats, and physlcal violence as well as ensuring and en8bling fami1Se3 can Create safe spaG95 to relax, speak, listen lo. be heard, and accepted thu8 ensuring 8 sense ol a Stronger future. These str81egies, scientific in nalufe were sh¢)wn lo be beneficial lo many f8milles who u8ed11. Al ils greatest polenli81. il means families are able not only lo handle Issues well bul 8130 feel supported and cared for. Por80nal Mlnlstry The department supported church members with training and resource as they helped their local communilles In matters of fallh, family relationships, health, and other needs. Ouring the Covid lockdowns many of our churches opened as food banks and community support cenlre. Mèmbers facllilating these servlc8s were provided free literature lo distribute and personnel support lo offer the skills needed for effective community working. During the summer Ond the half-lerm school breaks. the dep8rtmenl sponsoreé and organisad camps for community teens and youth. Some of the skills and values experienced al these camps included le8m working, inle9rity, commitment, excellenco. discipline, purpose, mollv81ions, sacrifice elc. More than 30 famllies benefSted from such a program at Slanborough School in Waiford. Tralning and resources were provided for other churches that run similar program in their communllies. The department will continue to empower all members lo be more relevanl (visible, valuable and availablel lo the communities where they live. work and worship. P4e4
South England Conference of Sevenlh-day Adventists Trustees, Report for the year ended 31 December 2021 Prlson Mlnlstrie$ Prison Ministries was still imp8¢1ed Severely from COVID-19. Many of our ministries still couldnt enter Into the prisons. So we recorded a limiled-run s8ri8s lo highlight the importance of prison mlnlslrles called 'Where is the Church?, We also supported a networking and sharing event where Prison Ministries across the south of England shared iheii experiences challenges and polenlbal ways foThvard in supporting those In pilson and those coming out ol prison. Publlc AffaSrs and Rgllglous Llborty Liberty of conscience and thè law was the main focus 8s we sought lo provide both church members and the local Community relovanl informallon lo enable them lo make wise and informed declslons. We updated them on current government consullalions and impending legislative measures arnong which others are outlined ag follows.. Home-schoollng legislab'on and duty on local 8ulhoritle5. Relationships and sex educ811on and health education in primary and socDnd8ry schools. M8king vaccinallon a condition of employmenl In the health and wlder social care sector in England. European Sunday weekly re51 day leglslatlon. Training lo educat8 local church leaders on becomlng ambassadors and advocates w88 also done. T•gn8 Mlnlstry The SEC Teens Department readaplèd ils approach and the content of Its programmes, mainly b8cAuse although the èmotional distress caused by the Covld-19 pandemic continued among Ihe teenagers. online programmes were not as engaging as in 2020. Consequently, throughout the year, our programmes, weekly and monthly workshops, and seminars strongly emphasi5ed topics such Bs lislening as 8 mechanism lo help our591ves, our familles, and friends deal with stress, anxiety. worry, and grief. Furthermore. we ¢onlinued emphasising healthy eating habits, the benefits of gooé slèeping pallern5, the results of sleep deprivation, the benefi15 01 exerclse and healthy ealbng habits. In addition, we continued giving webinars on healthy coplng mechanism8, healthy pa51imes, study habits, helplng al home, resl and sloep, lime management, and neorkIng. Throughout the year. we strongly emphasised the need lo listen lo our teens, Ihelr parenls, guardlans, friends, 8nd teachers. Our weekly and monthly webinars featured special guèsts such as medical doctors, 18achers and coun5ellors who spoke aboul Ihernes our ieens and parents suggested In the online polls we adminlstered. We still celebrated almost all our programmes virtU811y In 2021. We inleraGtsd with the teens and their familles Using the chal on Facebook. Insiagram, YouTube, and web pages. We Inleracled wlth the parents prfm8rily through Facebook, email and zoom meellngs. phone calls, and WhatsApp groups. Wo interacted wllh the teens daily uslng our Inslagram page, replylng whenever they Diiecl Mes8898 IDMI us, bLrt we 81so rea¢hed out lo Ihem uslng the same plattorm. Youth Ministri•s The Youth Ministries department conllnued lo adapt lo the Covid-19 reslrlclions. Al the beginning of the year, we hosted our annual Youth Leadership Conference vlrtually which catered for 160 youth leader8 across the South ol England,. Ihe theme was Fearless with the aim of empowering our youth leaders to not be afrald or taking the rtsk bul lo think out of the box and push the Ilmits. As a result of the conference. we recruited over 1 S leaders who Joined ihe Senlor Youth Leadership Award program and were 8ble lo reach rnore youth leaders and their teams. We continue lo remain commltted lo specialist training ond empowerment lor youth leaders and their teams whilst creallng opportunities and spaces for youth lo personally experience the reality of Gotl. Pag8 5
South England Conference of Seventh-day Adventists Trustees, Report for the year ended 31 December 2021 As the reslriclions began lo lift across the UK. we launched our Summer Sporls program from July delivering Sporting aclivilie5, from Football, Baskelball and Netball. This was welcomed anrj well allended by the young people as il allowed for them to finally meet each olher in a safe place helping to build self-esleem, lowering stress levels, and creating spaces for youth lo have a healthy and safe oullel. We continued to hold youth panel talks via Zoom and Slream Yard ranging Irom topics on race. relationship5. urrenl events, and spirituality. Inslagram and Facebook pages would host Ilve chats including exeiSe sesslons from trained professionals and molivalional vid80S. In Augusl we had our firsl physical Youth Day which saw hundreds of young people come logethw to noork, Financial revlew Wilhoul our committed s18ff and falthful church members. the success aehieved during this eKtr80rdinary year would not have been possible. Strong leadershlp was provided by our 207 èmployees and hundreds of volvnleers In local churches. Pivotal lo the work of the charity during the year was the financial support of our membership, who gave a lol&l of over £14.6m In Iilh8s and freewill offerings and donallons lo support the work. These funds were used for staff salarles, 8vang81i3lic endeBvours, hum8nitsrfan work. education, rellremenl benefits and the general governance and adminSslraliv8 op8raUons of the Soulh England Conference. The Trustees consbder that there Is 8 re880nable expèclalion that the Charity has adequale resources lo conllnue In operational ex58tence for Ihe foreseeable future and for this reason. the Trustees conunue lo adopt the 'going concern, basis in preparing the 8ccounis. The trustee5 have assessed the risks faced by the ch8rity Includbng safeguardlng rlsks and rlsk caused by the global pandemlc and have lorrnulaled plans lo rniligale these risks. Restrlcted and Unre8trlcted Funds and Reserves Re$lri¢led funds 8re generated when the donor slipulale5 how their donallon may be spent. In most cases there will be a lime lag behv88n when such funds are receivgd and when they are expended. Al 31 December 2021. restrict8d funds lor the charity lotolled £10,863,61312020.. £10.123.0361. Unreslrlcled lund5 are generated when the donor does not slipulale how their donallon may be spent. Unreslricled funds include designaled funds. whore the Trusteès have set 8sld8 monles for a specbfic purpose. Tltho fund (Operatlng Roserve81 1115 Charily policy lo hold an operatlng roserve equal lo 20% of annual operating budoel. The Trustees are S9eking lo ensure that this pollcy Is mel by the charity. Investment in Propfrrty Fund Al 31 December 2021, the level of the reserv8 for Property, Churches and School Buildings was £35.723,711 12020.. £33,350.4581 and Inclu¢Jes the assets disclosed in the notes lo the finanrial slalerngnts. Unrostrl¢ted Funds Al 31 December 2021, unrestrScted funds for the charity lolalled £39,106.28912020.. £33.917.460). Impact of the Coronavirus Pandemic The Trustees have considered the ongoing Smp8cI of the Coronavirus pandemic during the year, and the various measures taken in the UK lo contain it, on the operations of the charity. The Iruslegs took steps lo miligale the financi81 impact on Ihe charity's affairs, by both ensuring income could be collected and carefully managed expenditure Bnd look up available Govemmgnl SuppDrt, They are conlidenl that the measures they took. together with the financial stability of the charity, enabled il lo conlnue lo opera1¢ a5 a going concern. Page 6
South England Conference of Seventh-day Adventists Trustees, Report for the year ended 31 December 2021 Operational Performance and Safeguarding the Vulnerable The South England Conference Continues lo operate a policy of care for the vulnerable within ils community. All employees and congregation members working with children, vulnerable adullslelderly are required lo undergo a mandatory check lor suitability using the Disclosure and Barring Service IDBSI. Training for Chlld Protection is provided through online Child Safety Awareness courses and local training programmes by our 'Keeping the Church Family Safe. {KCFSI coordinator. The Trustees are confident th81 the South England Conference was operated in harmony with Ils Purpose, which as slated in ils Conslilulion is'lo proclaim and leach the evertasllng gospel.. The Charity has 8 number of strategies for achieving ils oblecilves prfmarbly through the departments in the Conference. Method of Appolntm8nt and Tralning of Trustees The managernenl of the Ch8rily is the responsibllity of the Trustees who are elèctèd under the terms ol Ihe con5tilulion. New Iruslees are provided wllh cople8 of the Charity's ¢on51ilubon 8nd a discussion Is carried out in ie18ts'on lo the Charity. In addllion, each Iruslee receives a copy of the Charity CommSssion documenl"The essential Iruslee- what you need lo know, what you need lo do. and the regular Charity Commlssion Newsl8llers. In addllion, TNsl88s are pr¢vidèd with regular bulletins from the Churches Legis18tlve Advisory Servlce. Trustees Respon81bllltles The Trustees are responsible for preparing the Trusl8es' Report and the finan¢io1 slalemenls in accordance with applicable law and United Kingdom Accounting Standards Iunlled Kingdom Generally Accepted Accounting Praclice.I The Trustees are required lo prep8re financial stolements for each financlal year whlch glve 8 true and falr vlèw of the slate of the affalrs of the ch8rfty and the group and of the oulaoing rèsources and application of resources, Including the Income and expendllure. ol the charitsble group for that penod. In preparing these fSn8ncl81 statemen15, the Iruslegs are requlred lo.. 8elecl 8ull8ble aceounllng policies and then 8pply thefn conslslenlly., observe the methods and princlples in the Charitie5 SORP., m8ke ludgemenls and estimates Ihal are reason8ble and prudent., slate whether appllc8ble UK Accounllng Stsndards have been followed, subject lo any malerfal departures disclosed and explained in the financial stalgmenls., prepare th9 linanclal statements on the 9olng concern basis unless111s Snapproprlale lo presume that the charity will conlinug in business. The Trustees are responsible for keeping propor accounting records th81 dlsGlose wlth rea80nable accuracy al 8ny tlme the financial posilion of the charfty 8nd enabl8 Ihern lo ensure that the financial slalemen15 are compliant. They are also responsible for safeguarding thè assets of Ihe charity and the group and hence for taking reasonable slep5 for the prevenlion and delecllon ol fraud and other irregularllies. Statoment of Dlsclosure to Audilor5 So far as the Trustees are aware, there is no relevant audit infomiats'on of whch the charity's auditors are unaware., and the Trustees h8ve iaken 811 the steps that they ought lo h8ve taken 8s Trustees in order lo make themselves aware ol any relev8nl audit information and lo estsblish that the charitys auditors are aware of that infomalion. Approved by the Trustees of sth England Conference ol SoVgnlh4ay Adventists signed on their behalf by.. D Akcormac (Executive Secretary) Date.. 11th September 2022 Poge 7
Independent Auditor's Report to the Trustees and Members of the South England Conference of Seventh-day Adventists for the year ended 31 December 2021 Oplnlon We Mave audited the financial statements of the South Eng18nd Conference of Seventh-Day Advenlisis for the year ended 31 December 2021 which Comprise the Group and Parent Charity's Slaternenl of Financial Aclivilies, the Group and Parent Chai51ls Balance Sheels, the Group Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The fin8ncial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, includlng FRS 102 'The Finanaal Reporting Standard Applicable in the UK and Iroland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial slalemenls.. give a true and fair view ol the s181e of the group'5 and the parent charlty'¥ affairs as al 31 December 2021 and ol the 9roup's incoming rasources and appllcalion of resources, includlng its income and expendllure, for the year then ended; have been properfy prgpared In accord8nce wlh Unlled Klngdom Generally Accepted Accounllno Practice.. and have been prepared In accordance wllh the requlremgnls of the Chari1188 Act 2011. B•¥l• for Oplnlon We conducted our audll In accordance wllh Internallonal Standards on Audlling IUK} IISAslUKII and gpplic8ble law. Our responslbililies under Ihose standards are further described In the Auditor's Respongbililies lor the 8udil ol flnanclal $talemenls sectlon of our report. We are Independent of the charitable comp8ny In ocGordonce wSlh the elhlcal requiremenis that 8re relevant lo our audll of the linancial statements in the UK, Includlng the FRC'S Elhlcal Standard, and we have fulfilled our other ethical responsibilities In accordance with these rwuiremonls. We bèlieve Ihot the audit evldence we have obtained is suificienl and appropriate lo provide a ba818 for our oplnion. Conclu•lon• r•l•tlng to golng conc•rn In auditing thè financi81 slalemenls, we have concluded th81 the Iruslee5' use of the golng concem ba515 of accounting In the prep8ralion of the linanclal st81ements in approprlale. 8ased on the work we have performed, we have not Idenb'lied any malerlal uncert8inlie$ relating lo events or cond1tOnS th81. indlvldually or collectlvely, may cast signilic8nl doubl on Ihe Charity's abllily lo continue as going conrn for a perfod of al least 81ve months fr¢)m when the lin8ncl81 slalemenls are aulhorlsed lor Issue. Our rosponsibillties and the responslbi111Ses ol the Irustges wlth respect lo going concem are described in ihe relevant secllons of this report. Oth•r inform•tlon The other inlormalSon comprfses the inlormolion included in Ihe annual report, other than the financial sialemenis and our auditor's report thereon, The Iruslees are responsible for the olhor information. Our ¢¥)inion on the financial stalemenls does not cover the other informab'on and. gxcepl lo the exlenl othe1$e explicitly slated In our report, we do not express any form of assurance con¢lu5ion there. Palle 8
Independent Auditor's Report to the Trustees and Members of the South England Conference of Seventh-day Adventists for the year ended 31 December 2021 In connection with our 8udit of the financial stalemenls, our responsibility is lo read Ihe other information and, In doing so. consider whether the other inforlnats'on is materially Inconsislenl wllh the financial statements or our knowledge obtained in the audit or olheTWiS• aPP8ars lo be materially misslaled. If we idenlily such material Inconsistencies or apparent material misslalements, we are qUIred lo ¢Jelermlne whether there is a materi81 misstatement In the financial statements or a malerlal mlsslalemgnl of the other Informab'on. If, based on the work we have perforrned. we conclude that there Is a material mlsslatement of this other Snformabon, we Are required lo report Ihal lacl. We have nolhlng to report in this regard. M•tt•rB on whlch wo ar• r•qulrod lo r•port by •xc•ptlon We have nolhSng lo report in respect of the followlng mallers where Ch*ritse$ Act 2011 requires us to report to you if, In Ouf opSnlon'. The informallon given in the Trusteès Annual Report is InGonslslonl in any malerfal respect wllh Ihg financlal slatemenls',or adequatè accountlng records have not been kept. or relums 8dequalo for our audit have not been recoived from br8nGhes not visited by us.. or Ihe financial stslemenls are not in agreement wllh the accountlng records and returns,. or ertaln disclosurgs of Iru81ee'5 remun8r81ion specifièd by18w not made., or we have not received all the inlorm8llon and explanallons we require for our audll R•8pon•lbllltl•¥ of tru•t••• As exp18ined morè fully Sn the Iruslees, responsibllllles slalèmenl, the trustees are responslble for the preparation of the financial staloments and for belng salisll8d th81 they give a true and fair view, 8nd lor such Inl8rnal control as the Iruslees determine Is necessary lo enoble the preparation of financlal slatemenls that are Iree from material rnlsslalemenl. whelher due lo fraud or error. In preparing the Ilnancial slalemonls, the Iruslees are responsible for assessing the charSty's 8billly lo conlSnue as a going concem, disclosing, as applicable, m811èrs related lo golng CDnc¢rn And uslng the going concern basis ol occounling unless the Iru8lees eilhar Inlond lo Ilquldale Ihe ch8rlly or lo cease operations, or have no r981islic allernabve bul lo do so. Audltor's rgspon•lbllltlqs for th• audtt of fln•nclal •tat•m9nt• We havg been 8ppolnted as audilor under sects'on 144 of the Charilles Act 20118nd report in accordancg wllh regulaliong made under Secllon 154 of that Act. Our obpGtives are lo obt81n reasonable assurance about whether the fin9rla1 818lernenls as a whole are freo from material missialemgnl, whether due lo fraud or erfor, and lo issue an auditor's report Ihal includes our opinion. Reasonable assurance is 8 high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will aayS delecl a material misst8lemenl when il exlsls. Mis8taternents can 8rfse from fraud or error and are considered malerial if, individually or in aggr8g81e, they could reasonably be expected lo influence the economic decision5 of users taken on ihe basis of th financial statements. Page 9
Independent Auditor's Report to the Trustees and Members of the South England Conference of Seventh-day Adventists for the year ended 31 December 2021 Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our osponsibiliti85, outlined above, lo delecl malenal misstaternenls in respect of rregularilies. including fraud. The extent lo which our procedures are capable of delecling SThegularits'es, including fraud Is detailed below. Explanation 08 to what •xtont th• audlt was con8ld•red c4pabl• of detoctlng SrrègularStS•s, Including fraud The objeclivos of our auéil in respect of fraud. are.. lo identify and assess the rlsks ol material misslal&menl of Ihe Iin8nclal statements due lo fraud,. lo obtain sulficionl approprlate audit evldence regardlng Ihe assessed rlsks of material misstatement due lo fraud, Ihrough designing and Implem8nling appropriate responges lo those 8sses5ed risks,. and lo rtspond appropriately lo instance5 of fraud or suspected fraud idenllfled during the audit. However, the primary responsibility for the prevention and delecllon of fraud rests with bo¢h mBnagemenl and those charged with governance of the charbty. Our approach w8s as follows.. We obtained an understandlng of the18981 and regulatory requlremenls applicabl8 lo the ch8rSly and consldered that the most signiflcanl are the Charities Act 2011, the Charity SORP, and UK linan¢ial reporiing standards as Issued by the Financi81 Reporting Councll. We obtalned an understandlng of how the charily complies wllh these requiremenls by dls¢usslon wilh management 8nd those charged wllh 9overnance. We 885essed the rfsk of malerfal misslalemenl of Ihe fln8nclal statements. Includlng the rlsk of material misslalemenl due lo fraud and how il might orxur, by holdlng dls¢ussions with management and Ih08e charge(I with governance. We Inquired ol m8nagemenl and those ch8rged wllh governance as to any known instance of non- cornpli8nce or suspected non<ompllance wllh18W5 and regulallons. Based on thls understan¢Jlng, we designed speclflc appropriate audit procedur8s to identify Inslances of non<omplSanc8 wllh18WS 8nd regulallons. Thls Included making enquiries ol management and those ch8rggd with govemance and obtslning additional corroboratlve evidence gs requlred. As part of on 8udil in Bccordance with ISAS IUKI w6 exercise professional ludgemenl and m8inlaln professional sceplicism throughout trte audit. We also.. Idenufy and asse5S the ri8k8 of malertal MS8St81emenl of the financi81 $18lemenls, whether due lo fraud or error, deslgn and perform audll procedures responsivo lo those risks. and oblain audit evSdence th81 is sufficlenl and approprlale lo provide a basis for our oplnion. The risk ol not delecling a material misst8lemenl resulllng from Iraud is higher than for one resulting from error, as fraud may involved colluslon, forgery, Intentional omissions, misrepresentsts'ons, Of the overrfde ol Intern81 control. Obtain an understanding ol Internal control relevant lo the audlt In order lo design audit proeeduros tho18re 8ppropriale in the circumstances. bul not for th8 purposes of expressing an opinlon on the effectiveness ol the charitable company's intem81 control. Evaluate the appropriateness of accounting pollcles used and the reasonablengss of 8ecounling e51imale5 and related disclosures made by the trustees. Prye 10
Independent Auditor's Report to the Trustees and Members of the South England Conference of Seventh-day Adventists for the year ended 31 December 2021 Conclude on the appropriateness of the Iruslees, use of Ihe going concem ba515 of accounting and, b8sed on the audit evidence obtained. whether a material uncertainty exists relate(J io &ven15 or conditions that may cast signilicant doubt on the charity's ability lo continue 8s a going concem. If we condude that a material uncertainty Oxisls. we are required lo draw allenlion in our auditor's report lo the related disclosures in the financial statements or, il such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtsined up lo the date of our auditor's report. However, future evanls or conditions rnay cause the charlty lo cease lo conts.nuo as 8 going concern. Evaluate the over811 pre88nl8tlon. 51ruclure 8nd content of Ihe finonclal statements, including the dlsclosures, and whether the Iin8ncial ststements represent tho undeilwng Iransacuons and events in 8 manner ihal achieves fair presentolion. Obtain sufficient 8pproprlale audit evidence regarding the financlal Infomiallon of the enlilles Of aclSvllie8 within the group lo express an opinion on the consolidated Ilnanclal statgments. We are responsible for the dlreclion, supervi51on and perfolmance ol the group 8udll. We remaln soley responslble for our audit report. We communicate with those charged wllh govemgnce regardlng, among other m811grs. the planned scope and limlng of the audll an¢J signlflcanl audll flndlngs, Includlng 8ny slgnificanl deficlencles In Intemal control that we Sdenlify durin9 our audll. of our rgport This report Is made solely lo the ch8rills trustees, as a body, In acwrdance wlth Ch8pler 3 of Part 8 of the Charities Act 2011. Our audit work has been undertakgn so that we mlghl slate lo the ch8rlty's Iruslees those maller5 we are required lo slal8 to them in an audllor's report and for no other purpose. To the fullest exlenl perniilled by law, we do not awepl or assume responsibillty to any paty other than the charlty and ch8rlly's Irusl8e8 85 8 body. for our audll work, for thls report. or for the oplnlons we have formed. Dale.. Mooro Klng•ton Smllh LLP St8tulOry Audllor 4 Vl¢lorSa Square Sl Albans Herts AL13TF PAg8 11
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1151 '11,11 cr i -111
South England Conference olStveThth-dayAdventlsts B4Pnce 5herf A5•t 31 DtternberlO?I Plotes Gr Ch• 2021 2021 FId Assets Tanglble Fixed Assets Investment Propertles 12 13 38.830,483 505,0 39 335 483 36,354,6g7 so5,0 36 859 697 38.791,042 505,OCIJ 36,298,828 505,LhJJ 36 803 828 39 296 042 rrent Auets 5to¢k5 Debtors In¥estmehtS Cash li bank and In hand To¢•1 CurventAssets 14 15 16 73,131 2,662,073 1,370,626 11.4Z7.110 15,532.940 69,648 L.73Z,261 1.227,460 9,4,63 12,480,052 73,131 1,734,330 1,370,616 11,041.380 1S.119.467 69,648 1,717,643 1.227,460 9,130,437 12,145,188 Credi¢ors.' Amountsdue thIn ayoar Wet CurrèntAsS•ts 17 4,388,987 4,824.416 4.228,446 4,630.639 11,143,953 7,655,636 11,IXll.021 7.514,549 Crediiors.. Amguntsdue alteram year 327,161 327 161 277.881 327,161 277,881 327 161 277 881 Tot•1 N•t A•1• 50.152375 M,ZJ7AS2 49,969.901 44.040,496 Fund b•l•nt•i 19 19 39.263,715 10,888,560 SO,152J75 34.092,676 10,144,776 44.237h52 39,L08,365 10,861,537 33,917.460 10.123,036 Total Fthi 19,969,902 44,040A96 Approved and aulhorlsed for Ssue by the Doard of Trus¢eeson and sned on behall by-. C Lay50ll TreJsurer rhe notes tsn page5 16to 26 lorm p8rtofihe5e iOunt$. 14
South Enaland ConI•Mrtese¥tnth4vA1ly•Trf1Its Notes to th• FSnarrtl•lStstements Forthe ye•reThded 31 t1Mber 2021 l Accoun$ Polltkni 1.1 Ba515 of preparatlDn The financial st3tem@nts have been prepared under the historicalc05tCDnvefftion, wilh the eK¢eption of in¥estmenr5 which are intruded at markeivalw. The financial statements have been prepared In accord3nce wllh the Flhanclal Reportln8 Standard applicable In the UK and Republlc of IrelaThd IFK51021. ThE Chawity is a publi¢ benefit entilyfor thÈ purpose of FR5102 and therefore has also prepared ils financial staremenrs in a¢wrdaThte th the SLat@mÈnt of Recommended Practiceapplicable to Charities preparin8 thelr aicounls in accordance wllh the the Fian(la1 Aeportlng Standards applue in the UK and Republlt of Ire13nd (The Charit5 SORPI. 1.2 8asis of consolldatlon The Group flnancial statemEnistonsollda¢e ihE financial 5tatemen15 01 Ihe charityand It5 subsIdl underiakln85 drawn to 31 December 2021. The result5 of sutyslolailes acquirèd or sold are consolldaied for the perlods from orto the da¢e upon which control passed. Acqulslflons are accounted for underthe acqulslllon method. All Inila 8roup tran5actlons balances and re311sed 8aln50n transactpons between group eThtitie5 are elimlnated on consolidatlDn. 1.3 Going wncern The tru51ees ha¥E assessed whether the use o18oln8 concern Is approprlate and ha¥E consldeied Posslbewefits orcondiiions thai might cast ¢oubt on the ability of lthe ¢h4rity and 8roup toeontlnue as J 8oln8¢oncerrt, The trustee5 have considered ihe re5ytts reported In these accoun1$4nd have made thElr3J5essmont for a perbd of at least oneyebrfroffl Ihe date of the approval oltheseflnancial 51atemenis. In partlcular, Ihe tNSlee5 have consldered the Impatt of Ihecorofflavlrus pandèmlc and mea5ure5 taken In the UK to coTrtaln It. The 8roup has an adequate cash and reseryt5 posllion at Ihe Ilmeof approval ol these Ilnanclal SEaEemen¢s. Whllst lthe Btoup was Impa<ied bythe pandem1< 4n4 lthe related coniainrnenl measures and ha¥in8 Trade enquirie5, the trustees have ¢ontluded thit Ihtre15 a reasonable eXlatIon Ihat the 8rDUP has adequate re50ur<es tD cuntlrnue In operatlonal exlstence lorat leJ5t 12 months from Ihedaie of the audit ¢epDrt of th•se flnanciil sts¢eMents. The 8roup thuefore contlnuesto 4dapl the8oln8 cNcein 1.4 Fund 4CMUTrlln8 Re5trlcied funds are th95e whlch are 10 be used fur the specified purposes a5 lald down by ton01. EApendltu¢e wfvkh ffloets these frlteria 15 allocaied 10 Ihe aPPfOPfiale fnd. The nature of reslfl¢tn Is further explalned In the notesto the Ilnancl41 statemtntS. Desi¥nated funds are those whlch have been Sei asldo b¥the admini51iatbn wrtth the consent ol Iruslee5 fDf 5peclfk aniirlpaied purposes or ewent5. The ilm and useof each deslÉnaied lund15 set Oul In the notes 10 the Ilnancial 5talemenis. Geneial or Unrestricted lunds areéonatlons and other IncDme rerel¥ed or generated for the furttherance of the oblects of th• ¢harl(v sylthout specified purposes and, therefore, are Willats a$8eneral funds. Investment Income, 8alns ad losses are allOted to the appropriaie lund, 1,5 Grani-maklnÉ polldes Tho trustees allocate Krants In ¥¢cordance wsih the oble<t5 sel aut In thecharllv's Y4rltten ConstUthon, which are summarised in the Trustees. Annual Report. In general, Rrants aTe Made to assoclated charit& thrtsvih approprlaie commlttee requests and policyarran8ements, iiihei than In 4ccordre wlth putllcapplicatlon, 1.6 Intomln8 re50urce5 All Incomln8 re50urce5 are Intluded in the Statement of FlnancialAclivlties when the ¢h31ily Is leKallyentl(led to Ihe Inome and Ihe amDun¢fan be quanlihets wlth reasan3b accuracy, For lega<les, entitlement15 the earllErol the charlly bein¥ notified of an mpendin8 élstribulvJn orthe le83cy beln8 ieceived. Donated ser¥ices or faclli¢les, which cumpri5e donated servlces. are In£luded in Income at a Valuation which15an estlmate of the fIna[la 1051 boine by the donor where such a cosi15 qUatitifi3ble and rnea&ur3ble. No income 15 fEco£nised where there15 no IrKome tax retovèiable In relaii¢n to Invesimpnt Incoffle15 rewgnlsed atthE tlfflt Ihe in¥e5¢TrentlrKome is ietewable. 1.7 Resou¥ces empended All expenditure is accounted forvn an accru315 basisand has en inElwJed undei expensecate8o¢ies that a88re831e all costs for Ilocatlon io actlvitles. Where costscarnnot bedlrtctty attrièuled to partUl3r activitiE5 they have b2en allocated on a basis con51slent with Iht useof the re50urce5. FunOrJisln8 costs arÈ Incurred In seeking voluntarycontrtbLrtions and dD not include the costsof dlsseminatin¥ Inforrnatlon In support of the charltaba¢tNltleS. 5pport costs are Ihose tosts incurred dliecrty In support of ENpEndilDreon the obletts of the charity. Governance costs are those Incrred in COe[li0wllh adrnlnistiatkin of the charlty and compllantt %Yhh <onsIUtlOThal and staLurory reoulrenEnL5. Grant5 payabl@ arè charÈed in theyearwhen the offer 15 made, exP1 In thosecases whtrethe ofteris conditional, such 8rant5 being retognlsed asexpenditure ¥Yhen the ndition5attrh16 arE fulfilled. Grantsollered subject tocondltlons which have not been met •1 the yearend are noted as a commitment, but not accrued as expenditure. P4BE 15
south Enwand Conf¢rerKe•lSe%Trth4•y Adrbtlsts Nott5to the Flnandol Ststements Fwthe yearended 31 Dttemb•r2021 A¢¢oumin(Poll¢es IC•niinuedl staff costs overhead eXpeTr5esa all¢Kaied to aamtieson the basi$of time Spent on those attlIEs. Resources expended aro Indudd In thStatemènt of FInanclI Activftles on an 3ccNals basis. All costs Include vale added tax where appllcable. 1,8 Risk mitiÈatio ThÈTrustee5 h3ve given ¢onsidera¢ion to the major ri5k5 lo which the charfty isexposed and havp e5¢3b115hed sy5terns or Pfocedure51rn order io rnana8e those risks. Theyare 5UPPOrted in this regard bYAdnI1 Rlsk Manasement who create awarene5sof risk for the world-wide opEratlOll5 olthE thurcth who Source covèr to mlll8ate aiièn6anl ri5k5. 1.9 Flxed A55et5 DepClarIOn Is provldEd on tangible fixed as5et5 in order iowrite olf eath asset on a straight-line basis o¥erltse4)Kted enoMIC 141e. The rates of depreciatiorn pd to oa£h class of asset are.. Fr@Bhold property Office flxtufes and EqUlwefil Compuierequlpment Items of furniiure and equlpmerni costln8 le5S tharn £i,oriJ @ach 3retreated 35 an eKpen5e on acqu1110. 1.10 Pen51on costs Followirn8 Ehe closure of the seventh.day Adventist Aetiremeni plan in Oe£ember 2013, pensions are now provided In ¢erm5 of the aiional AvlO-Enrolment requliemenls and funds are Invested In a Group Personal Pension Pkn throu8h Le831 and General Insurance Compahy. The funds of this scheme are held sepeièielyfrom Ihp charlty'sfunds. Costs re1311n8toihe former plan are now borne by the 8rllK5h Unbn Conference. 1.11 Siork Stock isvalued al the Ivwer ofc051 and net reollsablE value after maklnBduo allowafflce foi obSOte and skjw movlnB Item5, Cost n¢deS ill dlr•M ¢usts an appropriate proportion of lixtd affld varile overheads. 1.12 Operaiins leases Rentals payable undEfopEratlni loa5•s are char8ed In the profltind loss aetour+l Oh a Stral8hl Ilne ta50¥er the lease ierm, 1.13 Investments InStmentS are 51a(ed at mlrketvalue at Ihe biliThre sheei dale. The Statement ol Flnanclal Actlvlte5 InCldeS the net 8alns ind 1055e5 Ir151n8on rwaluatlcfis and dispo415 throu8hout the year. 1.14 InvestmeTri propertles Investmeni pioperiiesare Inclu&ed lrn Iht 8alanco Sheei •[ Ihelropen markei value. 1,15 A<countln8for local ron8re6aElon lunds A sound or84n15atlonal siruftuI Kooo financial mangement and control have always beED chara¢rerlSllc ol the Seventh-day Athentlst Church. CongieBatlOn5are con51deied lo be members ol a Self flnan¢ln8 Conferente ISouthlNorth En813ndl or rinancLIlW5upporied Ml551on IlrEland, Scotland & Wales). Tb 8ritlsh Unk)n Conrence IBUCI iooidlnarè5 the work of Ihese entifles. The SEC and NEC are sepaiate leaal chailties. the Missions are pait of the BUC charilv. There isa S¢YOD8 bond between the Coffl8re8atlons and their rE5pertlve ConfErenceor MIs51on. Don•tions In SpeCt of thhe, Church World MIs51on and spe¢lal offeritl8S 8wen by indivldual rnembers ha4w1¥S been remiiied 10 the Conference or Mlsslon, as'conference Fud5' These belong to thEConlerenor Mtsslon whlch admlnisters the fufids, employs and dlroctsthe Over iiffje, the relaiKJnship between the l(Kal con8re8allons and 1helrit5pective Mission or Conlerenc@ has eV0@d ènd the flnanclal bond has strengthened. In¢re151n8ly, lo¢•1 conBre6atioThs havt remltted"Loc31 Fund5" to thelr Conlerence or Mi5510Tr to •dmini5ter. Untll 1011 the Local Congie8alions Y4efÈ consideiÈd to be le8al eniifle$ 8oveined by their lo<al Church eoard In xcordanto wilh rhe'church Manual" •nd the accountsofthe BUC were poparEd on this basi5, excludlni 'Local Funds" Laie In 2011, le8al advlcè was rectwed to the effect that on balancè Local C¢nBre8ation5are in effect branches, otthely Confefftnceor Mi55ion. Thou8h i practice theyoperat@ as vne3ry local self Bovernin8 5UPPDrt 8roups. In these f]nartial 5¢?temeD15"Local Funds iemitted tD and adffllnistered bythe confenceare included as Incomiw Resourtt5 and ExpenditurÈs of Ihe Confefftnce. These fufids, held bythe Conference, are dlsclosed as bÈl¢n¥in810 ihe Conference, and are disclosed separatelya5funds restricted to the use of Ihe local cunsre8ation5. Donaiion5 retalfied and admlnlstered IallY have not been intluded in thesefinancial st3tementSsincetheT5tEes do not dffliDlSter these fund5. Donor5 participate in the appointrnentandgov@rnance olihe church at all le¥e15, and antlClP31è tran5parencyappropriate totheir expectatio& Wholesale consolldation serYestoconfu5e thEirunderstandln8. AccounLS In respect of Charitable funds donated by members of the local congreÈation and admiThiStered by local funds treawrer5 have alway5 beEn prepared and presented annu31W to the local con8fEBatiDn. There ha5 also lon8 been In place a proBratn for Independent Examination of those IoG41funds bythe Conference or Mi5shin. PipD 16
South En Conference 015e¥erith.davAdnI1Sts Notes tv the Fln•ndal Statements Forihe year Ènded 31 De¢ember 2021 1.16 Accountlfflufor the 5oventh.dayAdwntlst Church In the Republic of Ireland Thi5 Financial Statenent includes accounts and transa¢tlOll5 relatln8 to the Irish MIS0 and its re8iSteie¢ chaflty The SEVPllth- dayAd¥ent15tChurch in IrelaThd' for the Republol loland. Staternernls 3udited forthe Irlsh Aegulator are extrèctEd frDm these tornbined Flnancla15tatements In Er0 Currencylorthe purpose of iransparencyand compllance in thatrIso1¢t). 1.17 Flnonclal insINmetyts a. Cash and cash eq¥fvolent5 Cash and c35h equlvalonts Includ@ cash at banks aNJ in hand and Short term dewslt5 wlth a maturitydate of three monthsor les5. b. Debtors anij trÈditDf5 Amounts reielvable OT paya¢ wlthin one year of the reportlng dateare t8riiÈd ottheii attransaction price. Amounts that are receivab or poyable in more ¢h3n one year aDd are not subieet to • rnafket rate of Interestaro m@a5urod aithe presentvalue of the expected Itre re¢eiptsor payment dlscounted at a Maet rale of iniere51. 1.18 Crltlcal •¢¢OUniln8e5tlmates andl¥dgments In the applitation otthe ChoritWsa¢couThiin8 polkjes. the Trusteesare requlred io Makelud8emenis. e5¢1matesand a55wnpllon5 about Ihe c3rryln8 arnount ol assots and Ilabillts that are not readity apparent Irom ¢Xher sour¢es. ThE P5tlmate5and a550ciated 4$5umpiiorb5 are based on hlswrlcal experience and other faciors thai Ire consldered 10 be relevant. Actual resutt5 may dlfferfrrrfn those estlmares. The e515mai¢s and underl¥lng assumptlons rE¥d on an on8oln8 basls. Revlslons to accourntln8estlm•tes afft rècogn15¢d In the poriod In whkh the esiirnatels revised, the rEvlsiaTh offects only thai perlod, or Sn the perlod ol the re¥i5ion and fulre perlods Ilthe revlshin alfect5bDth cuN•nt and furwe peilodk The followlnBiudiemernls and esllmaies have h4d the most SiBnifkant eHe¢t on •mounts recoBn15ed In thefln4n<hl sia¢ements. The Trusiees make an estlmaieof the rtcoveiable value of ¢rad¢ and other debiors. When a55essln8any lfflpalrment of Irade ond other debt$.T15t¢es cons1r factors Incl1n81he current Cfedh raiin8olthe deètor, the •gein8 Profi of detsiorsand The annval deprtciatiorn tharÉe for fixtd assets15 senslllve io¢han8es In the estimaitd useful eronoml¢1lves and reshgualvalws of the èsseis. The useful etonorni¢ Ie5 and residual values a ie-assessed anal. They are amended wheTh neces5aiy 10 felle(t current estimates, based on thnolo61(al advancement, future InvestfflEnls. eccnomlc ullllsatKin and le phy51cal condltlon ofifve assets. The Charliy makes an estlmèie of tht retoverablely¢ of Irade •nd other debtois. 2011 R•iirfct•d Intom• fAJm don•Yoni •nd Unrnstrlctsl Funds FdI Gmup: The contrlbutlon5 fiom members irn afflllaied con8re8aiions Donatlons for charlly's attlvllles In otherBeoBraphlcal areas, Irorn member5 DonatSon5 In local con8regations fot lo¢al use Tax r0Verable aTh Glft Ald dona¢ions 16,982,4SI 16,982,451 651,933 47,447 3.423,174 651.933 47,447 2.757,695 665.479 Subtotsl 0lb1d0n•tlQn 17,647,930 3,457,075 21,105,005 Oonatlons LeBacs Grant$ 88,451 1.597 397,SC6 3.187 9L638 1.597 397.506 Total Intome fruffl don•0n¥ •nd lei4clÈs Charlty.. rithe coffltributlon5 Irom members In aifiliated conKieÉatlons Donations forcharlty's activities In other geoÉrnphital area5, froffl membEr5 Donations in lotal con8rpBatlons lor local use Tax recoverable on Gift Aid dDnalion5 16.962.451 16,9È2,451 654,009 48,558 3,399.413 48.558 2.757.695 6ql,718 5ubtDtsI Df blliedon•tlons 17.624.169 3,4.262 21.084,431 Donatlons Logac5 Grants 29,736 2.076 31.812 111.6771 124.884 124,884 SubtotalofotherdDnlltlJM 145Q19 To¢•l In¢ame from donJdon5 Ind12yclos P4pD 17
South Ewland CoThfer¢fi of S8%hth4ay Adventtsts Notrsto lh• Fln•n¢lal St•tsMents Forthe ye4rended 31 Deomber2021 Incom• fr•m doM•Uonsnd knycl Unresirfctod Fd5 Tot41 Fun GTOUP: Funds Tithe coniributionsfrom fflErnber5 ITr affiliated con8foBatlons LbnatlDn5 for charftvsacriviiies In other geographi1 area5, from Members of alfili31ed congre83tlons Donations in local con8iegatlOn5 for Icul use Tax reco¥er4ble GfftAld donations 14,641,1&1 14,641.180 456.890 403,147 2,184,260 56,890 408,147 3,816,009 1,631749 5ubtot•loll)wed•n•tknni 16,273,929 3.043,297 19.317,116 Donal>5 Le8a¢les Grants 29,943 172,527 1,148,806 I,854 31,797 172.527 1,148.806 Total Incom• Irom don•¥ons and l•yd 17 625 205 3 04S 151 20 670 356 Ch•rrty- Tithe CO[10Th$ from membtrs in 3th114ted con8re8atlons OonaLlons ffor ch•rlly's èct5vltle5 In other 8eo8raphlc•l areas, from memb•rs DonatlDns In local con8rt8aiions for loEal use Tax reCoverae on Gill Ald donations 14,641,180 14.641,180 456,890 403,147 3,785,402 456,8 403,147 1183,260 1.602,142 s>t0101 bas•doNYo 16,243,322 3.043,297 19,286.619 DonatloAS Le8acles Grants 13,781 172,527 103.918 13,781 171.527 103,918 T•l•l In¢gm• from donaOni •nd1•4•cI•i Incornlni R•souMI fr•m th•rlt•bl• 1021 Tot•1 Fundi Fundi Fund¥ Group Church Mlnlslry Educallon Hurnanltarljn aThd Wellare 179.631 789,438 24,150 4.404 203,781 793,B42 Tot41 Charh•W• Income 997 623 Chwlty Church Mlnistry 358,942 24.150 3B3.092 T•thi ch4rftsb Incom• 2020 Restrf¢ied Funds Unr•itrkMd Fundi Tgt•l Funds Group Church Ministry Educatlon 85,747 793.841 85.747 793,841 To111 Cttarftabkn In¢om• CharY Church Mlnlstry 353,È59 353A59 353 859
50Uth Enil•nd Corbf¢ronr• of5e¥onth4•y Adtmntlsts Notssto thÈ financlJl Statements R•rthÈ year ended 31 Derember2011 Inwstment Inc 2021 R•sttl¢ied Totsl Fwds Funds Gro io(ally Ii5tEd inve51Trents Aeturn on local cash 30,246 121.738 30,246 121,7381 8,508 143,166 UnleISed Gainson Investment 143,166 151 674 151.674 Ch•th Lo¢ally listed Inve5tmentS Unreallsed Gains on Investment 7,912 143,166 7,912 143,166 151078 151,078 2020 Unv•strl¢t•d Fundi Tot•1 Fund¥ Fundi Group L¢xalty Ilsted Invtstmtnts Return on kical Cash Unrealised Galn50n IweStml 103,213 172,7871 115.3501 103,213 115.3501 Chty Loc31ty Ilsied Invtsimenis Unreallsed Galns on Investment 29,669 115,3501 29,669 115,3501 5 Other Inc•mlrfA•sowt•* zozi Unr•¢trfrted Tot•1 Funds Fundi Gr•up Galn on saOf assets 2.221,548 2,221,548 Tothi Other Incom• 2 221548 Ch•rfty Galn on Sale cf ass•t5 2,121,548 2,221.548 Totil oih•r Incom• 2 221548 2 211548 Eiwndltur• byth4rknbl•Actyvlty Unr•strf¢t•¢l Fund5 Roitrkt•d Fund¥ Tot•1 F¥nd• Summ•ry b¥fd typ• Group Church Ministry 8,382,229 2,D88,615 4,028,599 1,698,062 2,085,050 4.961 694,696 10,467,179 2,093,576 4,723,295 1,698,062 ObjectWP5 I vthEf8eo¥raphkal arèas Retlrement responsibilities TDt41 Ch•<rt•ble Éxpendkure 16 197 $04 2 784 707 18 982 211 h•rMf Church Mlnlstry Education Humanhartan Aid & Welfare ObJeae5 in other Keayaphical areas Retlrement respon51bllltles 7,749,337 1,734,083 2,085.050 9,B34,287 L,734,0É3 4,028.599 1.698,062 694,696 4,723,295 1,698,061 Totsl (h•rft•bbe Eipenditure 15.210.081 2 779 746 17 989.827 p19
South En8land Conf•r•ocolSe¥tnth4tyAdveAt15ts Note5to the Flnandal Ststements ForthE yearended 31 Oecembor IQZI Expendlbjve by ChnrltabkAthty l¢ontinuEd 2020 Resirl¢ie Fundi Unrestrlrted Futhds Total Fund5 Group Church Minisiry Education Objoctlws In Other 8eoÉfaphlcal arEas 9.906,361 2,229.997 3,513,883 1.464,118 1.759,540 3,766 4Q7,146 11,665.gJl 2,23a,763 3,921,029 1,464,118 Tot•1 Chwlt•bh Exp•ndltur• 17 114 359 2 170 452 19,184,811 Cthurch Mln15¢ry Education ObJe<te$ In other8ea8rarthkalaieas Retlremeni re5pon5ibilities 8,8B2.573 1,658.904 3,513.883 1,464,118 1,759,540 10,642,113 I,658,4 3,92L029 1,464,118 407,146 Total Charft•bh Exp•ndltsrn 15 519 478 2.166,686 17,686 164 . Anafy51iolR•wyrt•s byActl¥lty 2011 Grant Fur1401 pport Costs Totsl Expqni• Undertake Church MlThistrv Eduution Oble¢le5 In other 8eo8raphlcal areas 107.812 228,290 4,723,295 8,193,164 1,590,596 2,166.203 274.730 10.467,279 2,093,576 4,723.295 1698 OS2 982 211 6 757 419 9 783 B60 2 440 932 Gr•nt Fundlni ol Aotlylll Support Colts Dlre¢tly UrA•rt•*•n txp•n Chur¢h Mlnlsiry Educallon Humanitarlan Ald and Welfare Oblectiyes I othergeoiraphlul areo5 R@Ilroment resp0fi51blllts 81,062 2Z8,250 9.439,866 1.733,143 2,144,973 172,371 11.665,9)1 2,233,763 3.921,029 1464 118 5 694 459 3,921,029 1464 118 19 284 812 IL 173 ¢K)9 1417 344 2021 A¢W¥llOe$ Ch•rlty Grpnt Fundlni ol Aciibllles SuppDrt Costs Total ExpRns• Undqrtahn Church Min15try EtJutath)n HuManItan Aid and Welfare OblKiis In other8È08raphlcal are05 Ret1reMertTe5ponbll1lIe5 107,812 653,352 7,668,678 851.075 2,057,SYkl 22B,656 9,834,390 1,734,083 4,723.295 062 7 182 521 4,723.295 520 753 2 286 556 17 989 830 102Q A¢tl¥th¥ Dlrettjy Und•rtak¢n Grnnt FuDdln¥ of support (05ts Totsl Expen5• Church Ministry Education Obleciives in other Eeographical areas Retirement respon5ibilthes 8L012 569.379 3,921,029 1.464,118 8,205,6a8 8W),589 2,355,463 228,936 10.642.113 1.65& 3.921.029 1,464,118 6 035 538 2 584 400 17 686 164 e20
Sowh Enel¥d Corrfwent• Of$th.dlvAdv•ntts Ilotesto thg Fln•n¢l•l Ststem•nts Fortheyeirended 31 December 1021 7 olnun-yantexpendiwre by Owrii•blA¢W¥ 2021 Stlff Costs Deprecl•don Group Otheicosts Totsi Church Ministry EdUca0Th 6.420.155 1,765,875 477.060 24.745 a,462,252 74,7U6 10,359,467 IA6S,326 8 186 029 3.536.958 12.224.792 1020 Staff Costs O•preclaiion Othercojts Totsl Church Ministry Educatlon 7,621.219 1.188,627 494,816 12,582 3.468,804 804,305 11,584.839 2,5,514 4,273,109 13.5%,353 2021 Stsff Oepreclatloh Ch•rlty Other Costs Chyr¢h Mlnlslry Educotlon 6,501.493 722,388 433,gY)4 48,212 1791,181 310,131 9,726,578 L,080,731 7 223 881 3,LOL.312 10,407,309 202Q 5t•ff Costs D•prnd•tlon olr Totsl Church Mlnlsti¥ Education 6,711,6B7 745.743 444,397 49,377 3,405,018 34S.S53 10,561.101 1.140,674 7 457 430 493 7Y4 3 750 571 775 An4515014tt 1020 Grnnts ts IndlvWluls Numb•rol Total Nmber91 Tot1 Group- Educ4tlon Grant5 & Supptsrt 253 372 228 250 Ch•rflY- Educatlon Grarnts & Support 253 172 78 228 250 Gr•ntsto Iniiiiul Group crtty Group 0rt •fl rarb mary Schools Brlt15h Union Cornference of senth- Brft15h Unlon Cornfer@n¢e of 5eventK General Operatlons Loc1 con8regatiOllS General OperatlDns Other 8rantsto Church Enthles General Operallons RellTement Fund Past pènsion defklt Totsl IMtlt4rt1anal Gr•nts Chrfstlan educatlon 399.980 2.6,396 2,716,B99 289,980 1,578.440 2,342,589 2,CK16,396 2,716,899 I,S7B,440 2,342,589 107,812 169B 062 6 529 169 107,812 1698 062 6 929 149 81,062 146q Il8 54662 81,012 5 756 139 Total Gmnty 6 782 S41 7 18Z 5ZI 5 694 459 5,984,389 PIp21
$th EnBlnd Confprence ofSe¥er1th4ayAdnltsty Fl•te5 to the Flnandal Statements Forthe year ended 31 De¢ember 2021 9 G•¥ernintet05ts zi 2020 GThp Ch•dty Group Audlt ¢05ts Trustee expenses 63,012 6,545 59,388 6.545 94,171 10,087 94,171 10,087 104 258 104 258 10 resourrys expended Tot 2021 Tot41 20 Is stated after <har8Sng'. Oeploclaiion of tanglble fixed a5sets'. Relmbursernent OleXpeseStD trustees for the audlt olihe ann¥al at(ounis 457.482 507,39 10,087 DurSn8the yearietlrement bertllt5were 4c¢ruln8 lo 12Trusiws In re5pett of penslon schemes 11 Staff C•sti rotsl 21 Tol•l siatt tOSls were as fol¥.. Wa8e5 and Salar5 Soclal Seturily Costs Olherpensknn Costs 6,543.745 678,153 7.120,104 730,455 gs9 287 8 186029 The avernge number of employees durln8thpvear in the follow5n8caie8orles weie.. 2021 2020 155 Z6 149 38 20 07 M4na8ement and adminlslialkTh 197 Noempkn¥ees receP4ed feffluneratn amvuntln8to more Ihan EW.owdrhn6 the year EmpKi¥ed trustees ènd thelr lfflrnedlat• famlly MomrS re£elved emoluments as follows.. 2021 20 Key mana8ement Other trusteÈs 152,958 669,812 151,520 364,639 12 ThnWbl• Ax•d AM•ts Frtehold Prop?rty L+4h04 prop•rty Qp•r•iioNI Caplt41 Equipm•nt Work In Prow$ Totsi Group C05t A5 at january 1, 2021 33.677.255 l.U62,475 1,054.911 864,046 8,475,316 1,870,793 44.071.528 2,933.268 Dlsposa15 A5 at Decernber 31, 2021 34 739 730 10 346 109 47 Lh)4 796 Depredatlon A5 atjanary I, ZOII Char8e foi Year a 0i5PD5al$ As at riecember31, 2021 6,676,132 433,OB5 222,327 818,372 24,397 7.716,831 457,4B2 7 109 217 222 327 Plet gookV*lu• As at January 1, 2021 A5at DECEmLYr31. 2021 27 001 123 83 832 674 475 316 10 346 109 36 354 697 38 483 PryE22
South Eniland CoThfwent•ofse¥enth4•y Ad¥Yn¢ists Notes to th• FIn0•1 St•tèmtts Forthe rended 31 Dember1011 Ch•tity Cost As aijanuary 1, 2Q21 Additi0rn5 33.638,872 I,?c¥).wo 137,526 34 701 346 1.054,911 687,554 ,475,316 1,87Q,793 43,856.653 3,070.793 137 S26 46 789 920 A$31 Decembèr 31, 2021 1054 911 10 346 109 D•pr•clatlon A5 atjanuary 1, 2021 Charge foryear On Olsposa15 As at Decernber 31, 2021 6.671.186 467.730 212,327 664,312 14,386 7.557.825 482.116 7 097 853 222 327 7 998.878 N•1 gookValu• A5 at13nuary 1. 2021 A5 Jl Decembef 31. 2021 26 967 686 27 603 493 832 584 83Z 584 8 475 316 10 346 109 36 298 828 38 791042 Inwstrn•rt Property Gr 1021 Ch•r 2021 2020 2020 Market Value ai Oijanuary quisirions Disp05als Net InvesEment1105sllRaln 505,1) 505,000 505,CW 505.0 Market value at 31 December Thevaluatlon was undertaken on Mgich 11, 2013 by Lawton lDr& Mecklenbuiih •fl¢m of Ehartered suryeyors. 14 stocks Giou 2011 Charl 2QlQ 2020 Departrnentsl 5upplle5 73,131 73,131 69,64B 15 •btgr• Ch• zoii 2021 2020 2020 Du• thrm•reth•n•ne y•4r Loans ovled byemploye•s Other recefvables 215,541 10,851 145,483 14,509 215,541 10,851 145,483 14,509 226 39Z 226 392 e wlthln ory•ar Tiade debiof5 Loan5 owed by group undertakln85 Othei amounts Dwed bv Rroug entltles Othei amounts owed by related charifie5 Amounts owed b¥ local eonire8ations Government8rants due terued In¢offle Prepayments Ernployee5 OlfvÈr ReCeatrIes 1327 41.661 561.140 1438,4881 ,361,5LO 926,070 27,813 1.357.643 926,070 57,097 856,113 496,801 91,219 856.517 496.801 106,847 3,311 97,706 14,811 6,781 67,068 46,748 97,706 67.068 1160.8011 2 435 681 269 2 SO? 938 1 557 651 Totsl
south EfiILind C•nfertnce of 5e¥enth-day Ad¥entls tlotes tothe Flnantlal 5tstements Fov y1 •nd•d 31 De¢emb•T1021 16 CurrentAss•t In¥estm¢nts Grou iozi Cha 2011 2020 2th0 Usted In¥e51rnenis 1,370.626 1,227,46Q 1,370,616 L227,460 17 Cr•dltoTh:Am•uiits f¥llSnqduewithlTron•ywi Gruu 2021 Charl 2021 2020 afflk Loans aj (fvordiafts 2.740.110 223.389 6B,375 2.716.555 220.207 107.469 65.288 668,420 130,385 6,165 325,125 79,809 145 178,682 126.086 2.740.110 223,389 2.716.535 218,848 Advances fv chJrltable a¢tivltle5 Je ioRiouD undert3kinAs 65,288 86a,420 130,185 6,165 311,718 592.418 408.491 4,1 Oue to local con8r28atKins Emploe$ Actrued expenses Deferred in¢¢me A8etycynrust Accounts Taxes payable Other Creditors 592,412 408,492 4,IAo 138,451 95,842 805 145 178.682 134.459 255,376 110.607 Cr•Oltorn.'Amauntsf•l4ni du••ft•ron•y•ar Gro 2011 2020 2021 Bank Ip4ns Amoun15 du• to a5so¢latÈd charleS 258,281 178,405 99,476 258,181 68,880 178,405 99.476 orwhlch amounts falllni due after S ye*rs'. Repayable by Instalment5 i• 5tst•m•nt tsl FuTrd• IGrow¥l Br•utht Forwwd Inromlni ROurc•S Tranite Inl(hrt Exper• F•rwi Dwlin•ted Funth In¥e$ied In Propertv Cthurch and Sthool Bulldings LocalCongreÉaiion Needs Bulldln8s Malntenance General Cohvent10Th5 Youth Camp Fatllftle5 Pro8rom ServKes Othor Program Fund5 33,413.206 399,954 606,924 1457,4821 IZ9,4421 1203,0951 2,807.488 16.OQ)I 557,887 35.763.212 364,512 964,033 2,317 85,000 50,WO 135.tio 6,165 6,165 Total DeJi8n•ted FuThli Gqnornl Funds rithe Fund Other General Furnds PensioTh Defic 1423,7191 5,146 11,208,373 LO,267,085 19,510,401) 1S,Q06,6411 1,274,253 756,540 13,449,050] TotsiG•ner•l Fundi 418 573 Zl 475 458 25 577 fA2 2 030 793 Total Unre5tthd Funds Pig•24
south Ethgland (•nfertn(eOfWnth-d¥ Ad¥anitsts Notes to the FifiJrK141 Statements rirthe Year•nd 31 Dttembqr2021 Re5fficted Funds ADRA-UK Oona¢ion5 lorworld Misswjns Retirement Home Church BuilOin£ unds Schoo15' resources Local CDngre8alional Fund5 Other restricied lund5 Funds IDr Constltuoncy Meetln6 Funds lorSub51diary ContlnÈEll Fund5 for Educational Support 200.389 291.808 L25,236 27,580 9,235,98S 263,778 $51,993 1694,6961 155,575 291,808 127.252 27,023 10.020,057 265,845 2,016 14,9611 12.051,3311 133,7191 2,830.403 5,0 35,786 Totsi Re5tr1chd ldI 10 144 776 3 488 816 2 784 707 10 888 560 T•t•l Fufjdi Ofvuzht rwrd Intornl RÈ50UfC•i Expend•d Transle In/Out C4rf•d FOrrd D•sliMt•d Fundi Invested In Propertv Church antl School 8ulldlTr85 Local Con8re8aiion NEed5 General cOnnI10n5 Other Pro¥ram Funds Tolll D•S1•ted FdI 33,350,45B 393,954 5B6,392 85,WO 6,165 1482,1161 129.4421 1103,0951 2,855,369 35,723.711 364,512 964,033 135,000 6,165 2,317 578,419 50,(h)) 4 d21969 714 693 3 483 788 37 193 421 G•nerBI Fundi Tithe Fund OtherGèNEral Funds 1423,7191 180,7921 11.208,373 9,290,066 19,51Q,4011 1S,OSO,9> 1,274.253 640,691 13,5L7,6231 Tot•lG•nw•l Fyndi 20 498 439 14 561 361 3 $17 623 1914 944 Tot41 UnMitrfct•(l Fundi ftMtrt¢ied Futhdi ADK4-UK Donations for World MIS0$ Retiremeoi Ho Chur£h Bulldln8 Funds Schools, Resources Loc•1 Consregational Fund5 Olhpr restrlcted funds 20J,389 291,808 125,236 651,993 1694,6961 156.575 291,808 127,252 1,016 9,235.985 269,618 2,830,403 5,rxJo 29,946 10,OZO,057 265,845 133.7191 Total R15trthd Fund5 10 123 036 3 4B4 412 2 779 746 10 861537 Tot•1 Fundj An•tysh oln•t4isets b•h¥•en funds Group Total ilnr•svlcEed Funds R•strkted Futhdi Totsi 38,830,483 Investments Investmeni property Current Asset5 Creditorsdue withln one year CrÈdrtor5 due in more tthan one year Pensiorn S¢hEme liablllty Total Funds 38.830.483 36,354,697 505.000 15,532,94D 14.388,9871 1327.1611 505.LIJO 12.480,052 14.824,4161 1277.8811 4,644,380 14,IB8.9871 1327.1611 LO88,560
5ouih Enana C•nleren¢tolSeventh44YA(P¥enSts Notes to the Fin•nclal 5tatem•nts ForthpyNr•ndad 31 De¢emb•r2021 li N•t¢•sh How from op•r•tiN actlvhles 2021 Net Incoming resourtt5 before reval¥atiun5 Returns on InsEMntS & serviting offlnance Depreciation of tan8lble flKEd a55et5 Provision lorbèd debts Maée/lrelea5edl Oeficit/ 5urpluS on d15P05al of IL¥ed a55Ets Aevaluatlon of Inve5trnents IIKreasÈl/ Deca$e in stock5 Iln¢rea5el l Decreaso ID debtors IncreasellDecre4sel in treditors S.914,823 1140,8881 457,482 iii.otsi 2.175,951 18,043 510,656 1.303,441 161.5991 1143.1661 13,4831 1918,7991 1,036,03g 240,471 21 Amlysh oluih kn Irom Inv•sUrf•ctlvlll¥ Z021 2020 olOends. Intorest and rts fvom inwestment5 lThverest recelved 151,078 14,319 lTrvestmenis made Purchase olproperty, plant and equlpmont N•tuth Inllowfrom In¥•itlni •rtl¥l¥ 140.889 118.0431 9,859 13,035.2241 12,933,268) An•lysls of cmh IIDwifr•m flfi•ncln¥i¢t1yI1 Loan5 recel¥ed Less loansfepald N•t ush Infiow Irom In¥•st1 •ttlvltl•i 210,WO 106,5491 I,J40.736 1162.6941 Rd•tsd partyti•riiattloni The ch•¢ity Is offlllated to Ihe Drlllsh Unh)n ConferenEeol Seventh-doy Adventlst51• rn8lstered eh•rllyl. st4rnbor0dh ParK The¢harilyals0 has relatlons wlth The Eden School, I pdvaie prlm•ry schooloperattd bythe spouse of an oflkerof thtthatlly. Transittknns In the 318nd bal•n¢e$ In reKrytknn tts ro13ted partles wpre.. Unlon C•nfrer• Th• Ed•n School Total 2021 T•t•l 2020 Tithe-5trèrlTr8 8rant5 re¢el¥ed Tltht-5haAn8 8raTrts made Tlthe-sharln6 toi Pens10 Deflc Other 8ranis made Amounts due to charlty< Iyear Loan5 due by charity < l year Loans due bycharlty > I year Other amounls due by charlty< l year 103,918 3.513,BB3 1,464,IIB 103,918 3,513.883 1,464.118 137,722 3,776.431 1,542.043 60.OC#J 106,%13 72.016 145.567 42,9J3 42,903 34,676 99,476 34,676 99,476 Cownby O•s¢rlptlo SeventtrpdayAdventistAssoclation Ltd Charllv No. 209780 Gar5tDn. W•iford. HertfordshSre Company No. 89953 UK Tltular holdEr ul property (Trusiees are appoinled b¥ BUCeMecutive comrnilteel ptyi26