2020-12-31-accounts - Arab World Ministries

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			PACE
Report ofthe Trustees			4-8
Report ofthe Independent		Auditor	9-12
Statement of Financial	Activities		13
Balance Sheet			14
Statement of Cashflows			15
Notes to the Account			16-22

		Mr M 6 Billage .............( resigned	Mr M 6 Billage .............( resigned	Mr M 6 Billage .............( resigned	Mr M 6 Billage .............( resigned	31n	January, 2020 )	January, 2020 )	January, 2020 )
		Dr 5 E Brown
		Mr K Butler
		Mr P Elam ....................(appointed				7'" March, 2020)
		Rev Dr I D Farley
		Mr M 5 Hyde
		Miss E Maggs
		Mr A Mateer
		Ms D Petrie
Secretary	and	Registered Office
		Mr A Harper
		37, Market Square, Witney, Oxon				OX28		6RE
Registration
		Registered in England		and Wales,		no 3275009.
		The company is limited		by guarantee,			and does		not have	a share capital.
		Registered with the Charity Commission,						no 1059106.
Bankers
		HSBC IJK Bank pic, 41		Market	Place, Loughborough, Leics, LE113EJ
Principal	investment Managers
		CCLA Investment Management			Limited
		CCLA Fund Managers	Limited
Auditors
		Just Audit & Assurance		Ltd, being		a firm		in professional		succession to ReesRussell			LLP,
		Chartered Accountants		and Registered				Auditors,	has indicated		their willingness	to	be appointed	as
		auditor.

					2020	2020	2020	2019	2019	2019
					Unrestricted	Restncted		Unrestncted	Restncted
Reference	Notes				Funds	Funds	Total	Funds	Funds	Total
	Income and endowments			from:
	Donations and legacies				437,687	1,724,223	2.161,910	536.061	1,584,399	2,120,460
	Investmenu				38,981	1,479	40,460	57,485	2,334	59,819
20	Other				20,334	18,942	39,276
	Trading Activities				4,339		4,339	5.104		5,104
	Total				501,341	1,744,644	2,245,985	598,650	1,586,733	2,185,383
	Expenditure on:
	Raising funds				86,123	0	86.123	91,885	0	91,885
	Charitable activities				670,092	1,457,303	2,127,395	707,122	1.343,472	2,050,594
	Governance costs				7,988	0	7,988	8,987	0	8,987
	Total				764,203	1,457,303	2,221,506	807.994	1,343,472	2,151,466
	Net incomel(expenditure)				(262,862)	287,341	24,479	(209.345)	243,261	33,916
	Transfers between	funds			198.552	(198,552)	0	158,086	( I58,086)	0
	Other recognised	gains I		(losses):
	Gain I (loss) on investment			assets	72,321	1,494	73,815	205,712	1,074	206,786
	Net movement in	funds			8,011	90.283	98,294	154,453	86,249	240.702
19	Exceptional costs				(72,984)	0	(72,984)	0	0
	Net income/(expenditure)				(64.973)	90,283	25,310	154,453	86,249	240.702
	TOTAL FUNDS brought		forward		1,996.826	744,191	2,741,017	1,842.372	657,942	2,500.314
	TOTAL FUNDS carried		forward		1.931,853	834,474	2.766,327	1,996,825	744, 191	2,741,016

					2020		2020	2019
9	Fixed Assets						510,748	450.784
10	Investments						1,267,760	1,193,945
							1,778,508	1,644,729
	Current assets
	Bank & Building Society balances				1.017.905			1,024,000
	Cash goats	- Area representauves				800		800
	Stock				4.141			4,961
	Other Debtors Ik Prepayments				37,272			144,200
					1,060,	118		1,173,961
12	Creditors: Amounts		falling	due within one year	(63.286)			(65,531)
	Net Current	Assets					996,832	I,108,430
	Total Assets	less Current		Liabilities			2,775,340	2,753,159
13	Creditors: Amounts		falhng	due after one year			(9,013)	(12,142)
	Net Assets						2,766,327	2,741,017
	Unrestricted	Funds
	Unrestncted	Funds					1,812,403	1,863,739
15	Designated	Funds					119,450	133,087
							1,931,853	1,996,826
15	Restricted Funds						834,474	744,191
							2,766,327	2,741,017

			2020	2020	2020	2020	2019	2019	2019
			Unrestricted	Restncted			Unrestricted	Restricted
			Funds	Funds		Total	Funds	Funds	Total
Cash flows from operating activities
Net cash pronded by /used in) operating	aainues		(49,9691	81,786		31,817	(161,793)	86,282	(75,511)
Cash flows from investing activities
Dividends and interest from mvestments			38,981		1,479	40,460	57,485	2,334	59,819
Proceeds from sale of property, less expenses
Purchase of equipment			(78,372)			(78,372)	(439,625)		(439,625)
Proceeds from sale of investments			0			0	833,004		833,004
Purchase of investments
Net cash pronded by (used in) uperoting	octiddes		i39,391)		1,479	(37,912)	450,864	2,334	453,198
Cash flows from financing activities
Repayments of borrowmg
Cashflows from new borrowing
Receipt of endowment
Net cash pronded by (used in) ginancing	octiviues							0	0
Change in cash ond cash equivalents in the		year	(89,360)	83,265		(6,095)	289,071	88,616	377,687
Cash end cash equivalents atthe beginnmg		ofthe year	297,848	726,952		1,024,800	8,777	638,336	647,113
Cash ond cash equivalents ot the end 4/'the		year	208,488	810,217		1,018,705	297,848	726,952	1,024,800
RECONCILIATION OF NET	INCOME/(EXPENDITURE)			TO NET	CASH	FLOW FROM OPERATING		ACTIVITIES
Net income/(expenditure) forthe year - normal			8,011	90,283		98,294	154,454	86,249	240,703
- Exceptional			(72,984)			(72,984)
ndiustm ents for.
Depreciation charges			18,408			18,408	4,633		4,633
(Gains)/losses on mvestments			(72,3211		(1,494)	(73,8151	(205,712)	(1,074)	(206,786)
Dividends, interest and rents from investments			(38,981)		(1,479)	(40,460)	(57,485)	(2,334)	(59,819)
Loss/(profitl on the sale ofFixed assets			0		0	0	0		0
(Increase)/decrease in stocks			820			820	(2,395)		(2,395)
(Increase)/decrease in debtors			110,906		(3,978)	106,928	(48,747)	29,219	(19,528)
Increase/(decrease)in creditors			(3,828)		(1,546)	(5,374)	(B,setl	(25,778)	(32,319)
Net cash provided by (used in) operatmg activities			(49,969)		81,786	31,817	(161,793)	86,282	(75,511)

Bank	balances	207,688	810,217	1,017,905	297,048	726,952	1,024,000
Cash	floats			800	800	0	800
Total	cash and cash equivalents	208,488	810,217	1,018,705	297,848	726,952	1,024,800

	Accounting Poli«ies
i)	Accounting Convention
	The accounts ofthe company are prepared	under the		historical						cost convention,							except		for	the revaluation			of investments				and	freehold			property
	and in accordance with Statement of Recommended		Pracoce on Accounting													by Chanties			and	FRS		102:The Finanoal			Reporting			Standard
	applicable in the UK and Repubbc of Ireland	( March	2018 ),					and		incorporate						the	resulkrt		ofthe principal acuvmes					which are descnbed						in		the
	Directors' Report and which are continuing.
ii)	Income
	Donaoons are accounted for when received	by the company.							Other income							is accounted for on					an accruals		basis so far			as it is		prudem			to do so.
	Income includes income tax recoverable.
iii)	Legacies
	Legaoes are accounted for on an accrual basis so far		as		it	is		prudent				to do			so.
iv)	Expenditure
	Expenditure is allocated to the relevant cost category			in	accordance							with		internal			guidelines			issued		by the charny		and is appropriate					to the use
	derived from the resources.
v)	Grants
	Revenue grants are credited to the income	and expenditure						account as					received,				unless	related to a speofic					period,		when		it is placed			in	a
	restrikxed fund until used.
vi)	Taxation
	The company has obtained charitable status	and is generally						exempt				from		income			tax and capital				gains tax, but not from					VAT.		Irrecoverable
	VAT is mcluded in the cost ofthose items to which it			relates.
vii)	Investments
	Investments are shown at market value and	reabsed gains				and losses are							taken to the income							and		expenditure	account.			Investment			income				has
	been taken into account on the basis ofthe	due date	of		payment.
viii)	Depreciation
	Depreciaoon oftangible assets is provided at the following						annual				rates		in	order			to wnte		off	each		asset over	its estimated				useful	life:
	Freehold properties															2S	svaight		line
	Maior Computer equipment															20 to 33.3Sstraight						Ime
	Fixtures, fittings and equipment															10S0 20K			straight		line
	Bicycle (on salary sacnfice)															At the same rate as					the salary sacrifice
ix)	Stock
	Stock is valued at the lower ofcost and net	reahsable		value.
x)	Hire purchase end leasing
	Rentals applicable to operating leases where	substantially				ag		of	the benegts						and risk ofownership							remains with the lessor					are charged			against net
	incoming resources on a straight line basis over the lease					term.
xi)	Pensions
	The company operates a defined contribution pension			scheme.					The			amount				charged to		the statement offinancial						acevmes			in respect			of	pension
	costs and other posr:reurement benefiu is the amount				payable					in	the year.				Differences			between			contribuoons payable and						contnbuoons					actually
	paid in the year are shown as either debtors	or creditors				m	the			balance			sheet.
xii)	Transfer between funds
	"Transfer from restricted funds" relates to admmistration					charges					relating			to		the	management			of	restrikted mcoming				resources,			adjusted				for	fund
	deficits benveen years.
xin)	Member assets
	When Members purchase assets these are written olf			in	year.
xiv)	Ride to Work Scheme
	Staff have the option to be part ofa Ride to Work Scheme						that			is	funded			by		salary sacriBce.				Items		are purchased		as	an asset and depreciated								at
	the same rate as salary sacrifice deducoons	are made.

				Unrestncted	Restncted
				Funds	Funds	Total	2019
2	Donations		and Legacies
	Gila	lk Donations		344.099	1,723,854	2,067.953	1,871,100
	Legacies			93,588	369	93,957	249,360
				437,687	1,724,223	2,161,910	2,120,460

Investment Income
Interest Received			38,981	1.479	40,460	59,819
			38,981	1,479	40,460	59,819
Cost ofRaising Funds
Staff costs			61,999		61.999	64,692
Publiaty &Promooon			141		141	138
Office Costs			13,201		13,201	14,655
Property Costs			6,280		6.280	6,364
Motor lk Travel			646		646	2,728
Other Expenses			1,021		1,021	2,594
Depreciation			2,835		2.835	714
			86,123	0	86.123	91,885
Charitable Activities
Ministry Costs
Support lk Allowances			213,887	1,237,775	1,451.662	1,376,434
Pro)ace expenditure			0	219,528	219,528	190,005
Office costs			2,997	0	2,997	3,149
Property lk accommodation		costs	875	0	875	973
Publiaty & Promotion			21,875	0	21,875	6,114
Motor &travel			2,190	0	2,190	9,160
Other expenses			237	0	237	48
Depreciation			0	0	0
Office &Administrative	expenses
Staff costs			274,555		274,555	305,111
Office Costs			92,887		92,887	83.836
Property Cosa			32,958		32,958	30,865
Publicity & Promouon			3,827		3.827	3,667
Motor 8 Travel			2.257		2,257	13,219
Other Expenses			5,974		5,974	24,093
Depravation			15,573		15,573	3,920
			670,092	1,457,303	2,127,395	2,050,594

						Unrestricted	Unrestricted	Unrestricted	Unrestricted	Unrestricted	Restncted	Restncted
							Funds				Funds		Total	2019
								6			6		6
Governance Costs
Audit									7,560			0	7,560	6,882
Trustees'	expenses									428			428	2,105
									7,988			0	7,988	8,987
Trustees' expenses relate			to travel, office costs and publicity					and		were incurred		on behalf ofthe whole board.
Net Income Before		Transfers											2020	2019
The netincoming resources before transfers					are	aker charging:
Depreoauon oftangible fixed assets													17,243	4,633
Auditors'	remuneration												7,560	6,882
Directors'	remuneration		( includmg	Employer's		Nl ) ( note		17		)			53,257	59,914
Staff costs	(note 8)												402.358	412,551
Staff Costs	(including		directors)										2020	2019
													6	6
Salaries													383,952	397,925
Employers	National	Insurance											33,268	34.754
Pension Contributions													38,395	39,785
													455,615	472,464
The average	number ofstaff (including			directors)		employed	by		the chanty dunng			the year was as follows:
													2020	2019
Mission 8	Support
Management & Administration
External Relationships			lk fundraising
													15	16

Fixed Assets
		Freehold	Fixtures 8	Computer	Total
		Properoes	Fittings	Equipment
			6
CostIYeluation
As at 1.1.20		438,300	19,675	45,916	503,891
Additions		44,083	4,563	29,726	78,372
Disposals		0	(1,973)	(23,585)	(25,558)
As at 31.12.20		482,383	22,265	52,057	556,705
Accumulated	depreciation
As at 1.1.20		0	9,483	43,624	53,107
Charge for the year		9,647	2,185	5,411	17,243
Depreciation on	disposals	0	(808)	(23,585)	(24,393)
As at 31.12.20		9,647	10,860	25,450	45,957
Net book value
As at 1.1.20		438,300	10,192	2,292	450,784
As at 31.12.20		472,736	11,405	26.607	510,748

Portfolio Summary	Portfolio Summary	Unrestricted	Resvicted	2020	2019
		Funds	Funds
Market	Value at 1.1.2020	1,149,449	44,496	1,193,945	1,820,163
Purchases and Sales					(833,004)
Gain/	(Loss) on revaluation	72,321	1,494	73,815	206,786
Market	value at 31.12.2020	1,221,770	45,990	1,267,760	1,193,945


	Stock						2020	2019
	Literature	stock for resale					4,141	4,961
12	Creditors:	Amounts	falling due within	one year
	Transmissions						12,454	12,073
	Salanes Ik	Wages	Creditors				27,496	23,830
	Accruals						8,975	25,015
	Creditors						12,061	4,613
	Workers'	Pension	Funds				2,300	0
							63,286	65,531
13	Creditors:	Amouna	falling due after	one year
	Others						9,013	12,142
							9,013	12,142
14	Analysis of	Net Assets Between Funds			Unrestricted	Restricted	Total	Total
					Funds	Funds		2019
	Fixed Assets				510,748	0	510,748	450,784
	Investmena				1,221,770	45,990	1,267.760	1,193,945
	Current Assets				236,321	823,797	1,060,118	1,173,961
	Current Liabilities				(36,986)	(26,300)	(63.286)	(65,531)
	Long Term Liabilioes				0	(9,013)	(9,013)	(12,142)
	Net Assea				1.931.853	834,474	2,766,327	2,741,017

Analysis of Funds	Analysis of Funds		Balance			Transfers /	Balance
			1.1.2020	Income	Expenditure	Adjustment	31.12.2020
Restricted Funds
Education / Humanitanan			25,827	148,478	(81,350)	(4,070)	88,885
Media			1,621	39,623	(35,906)	(3,544)	1,794
National Workers			32,103	111,954	(91,135)	(4,934)	47,988
Other / Relief			10,945	5,958	(6,289)	1,149	11,763
UK Proiects			7,891	5,391	(4,848)	(490)	7,944
			78,387	311,404	(219.528)	(11,889)	158,374
~5u art
Non UK			49,013	70,418	(56,216)	(3,710)	59,505
UK			616791	1,364.316	(1,181,559)	(182953)	616595
			665804	1,434734	(1,237775)	(186663)	676,100
Total Restricted		Funds	744,191	1,746, 138	(1,457,303)	(198.552)	834,474
Designated Funds
Medical Fund			34,775	720	(52,310)	37.035	20,220
UK Ministries			6,697	1,149	(144)	(87)	7,615
UK House ofRefuge			19,652				19,652
ODFC Donation	Fund		38,125				38,125
Arab Workers			33,838				33,838
Total Designated		Funds	I33,087	1.869	(52,454)	36,948	119,450
General funds
General Fund			1,863,739	571,793	(784,733)	161,604	1,812,403
Total General	Funds		1,863,739	571,793	(784,733)	161,604	1,812,403
Overall Total	Funds		2,741,017	2,319,800	(2,294490)	0	2,766,327
			Balance				Balance
Prior Year			1.1.2019	Income	Expenditure	Transfers	31.12.2019
					6	6	6
Total Restricted	Funds		657.942	1,587,807	(1,343472)	(158086)	744.191
Total Designated	Funds		112,816	2.329	(73,825)	91.767	133,087
Total General Funds			1,729,556	802.033	(734,169)	66,319	1,863,739
Overall Total	Funds		2,500,314	2,392,169	(2, 151,466)	0	2,741,017

Payable	withm	I year	1,717
Payable	in 2 to	5 years	3,359
Payable	later		420
			5,496