##
|||PAGE|
|---|---|---|
|Report of the Trustees||3-8|
|Report ofthe Independent|Auditor|9-12|
|Statement of Financial Activities||13|
|Balance Sheet||14|
|Statement ofCashflows||15|
|Notes tothe Account||16-22|
|Directors/Trustees|Directors/Trustees|Directors/Trustees||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Mr P Elam||||||||||||
|||Dr S E Brown..........||.{Resigned 27'" November|||||2021 )|||||
|||Mr K Butler||||||||||||
|||Rev Dr I D Farley||||||||||||
|||Mr M S Hyde||||||||||||
|||Miss E Maggs||||||||||||
|||Mr A Mateer||||||||||||
|||Ms D Petrie||||||||||||
|||Mr J Sedrak............||.{Appointed||18'"September, 2021 )||||||||
|||Mrs H Tiptaft .........||.{Appointed||27'"November,|||2021 )|||||
|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 UK Bank pic, 41|Market||Place,|Loughborough,|||Leics, LE113EJ|||||
|Principal|Investment
Managers|||||||||||||
|||CCLA Investment
Management|||Limited|||||||||
|||CCLA Fund Managers|Limited|||||||||||
|Auditors||||||||||||||
|||lust Audit 8 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.||||||||||||
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||||||2021|2021|2021|2020|2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Unrestricted|Restricted||
|Reference|Notes||||Funds|Funds|Total|Funds|Funds|Total|
||Income and endowments|||from:|||||||
|2|Donations
and legacies||||463,262|1,828,964|2,292,226|437.687|1,724„223|2,161,910|
|3|Investments||||37,116|1,401|38,517|38,981|1,479|40,460|
|20|Other||||0|18„420|I&,420|20,334|18,942|39,276|
||Trading Activities||||2,827|0|2,827|4.339|0|4,339|
||Total||||503,205|1,848,785|2,351,990|501,341|1,744,644|2,245,985|
||Expenditure
on:||||||||||
||Raising funds||||92,953|0|92,953|86,123|0|86,123|
||Charitable
activities||||712,176|1,377,759|2,089.935|670,092|1,457,303|2,127,395|
||Governance
costs||||7,949|0|7,949|7,988|0|7,988|
||Total||||813,078|1,377,759|2,190,837|764.203|1,457,303|2,221,506|
||Net income/(expenditure)||||(309,873)|471,026|161,153|(262,862)|287,341|24,479|
||Transfers between|funds|||161,683|(167,683)|0|198,552|(198,552)|0|
||Other recognised|gains I||(losses):|||||||
||Gain 1(loss) on investment|||assets|165,071|(3,105)|161,966|72,321|1,494|73,815|
||Net movement
in|funds|||22,881|300,238|323,119|8,011|90,283|98,294|
|19|Exceptional costs||||(110,537)|0|(110,537)|(72,984)|0|(72,984)|
||Net income/(expenditure)||||(87,656)|300,238|212.582|(64,973)|90,283|25,310|
||TOTAL FUNDS brought||forward||1,931,853|834,474|2,766,327|1,996,826|744,191|2,741,017|
||TOTAL FUNDS carried forward||||1,844,197|1,134,712|2,978.909|1,931,853|834,474|2,766,327|
##
||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|
||||||E|E||
|9|Fixed Assets|||||493,354|510,748|
|10|Investments|||||1,429,726|1,267,760|
|||||||1,923,080|1,778,508|
||Current assets|||||||
||Bank0 Building Society balances||||1,321,162||1,017,905|
||Cash lloats|- Area representatives|||550||800|
||Stock||||5,865||4,141|
||Other Debtors
Ik Prepayments||||84,419||37,272|
||||||1,411,996||1,060,118|
|12|Creditors: Amounts||falling|due within one year|(356,167)||(63.286)|
||Net Current|Assets||||1.055,829|996,832|
||Total Assets|less Current||Liabilities||2,978,909|2,775,340|
|13|Creditors: Amounts||falling|due after one year||0|(9,013)|
|14|Net Assets|||||2.978.909|2,766,327|
||Unrestricted|Funds||||||
||Unrestricted|Funds||||1,596,550|1,812403|
|15|Designated|Funds||||247,647|119,450|
|||||||1,844,197|1,931,853|
|15|Restricted
Funds|||||1,134,712|834,474|
|||||||2,978„909|2,766,327|
##
|||||||2021|202l|202I|2020|2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted||Unrestricted|Restncted||
|||||||Funds|Funds|Total|Funds|Funds|Total|
|||||||||g||||
|Cash flows from operating||activities||||||||||
|Net cash provided
by (used in) operating||||activities||(62,902)|332,814|269,912|(49,969)|&1,786|31,817|
|Cash flows from investing|activities|||||||||||
|Dividends
and interest from investments||||||37,116|1,401|38,517|38,981|1,479|40,460|
|Proceeds from sale ofproperty,|||less|expenses||||0||||
|Purchase ofequipment||||||(5,423}||(5,423)|(78,372)||(78,372)|
|Proceeds from sale ofinvestments||||||400,000||400,000|0||0|
|Purchase of investments|||||||(400,000)|(400,000)||||
|Net cash provided
by (used in) operating||||activities||431,693|(398,599)|33,094|(39,391)|1,479|(37,912)|
|Cash flows from financing|activities|||||||||||
|Repayments
ofborrowing||||||||||||
|Cashllows
from new borrowing||||||||||||
|Receipt ofendowment||||||||||||
|Net cash provided
by (used in) financing||||activities||||||||
|Chonge in cosh and cash equivalents|||in|the|year|368,791|(65,7&5)|303,006|(89,360)|83,265|(6,095)|
|Cash and cash equivalents
atthe beginning|||||ofthe year|208,488|810,217|1,018,705|297,848|726,952|1,024,800|
|Cash and cash equivaients
at' the||end ofthe year||||577,279|744,432|1,321,711|208,488|810,217|1,018,705|
|RECONCILIATION|OF||NET INCOPIE/(EXPENDITURE)
TO NET CASH FLOVV FRON OPERATING ACTIVITIES|||||||||
|Net income/(expenditure)
forthe||year -||normal||22„881|300,238|323,119|8,011|90,283|98,294|
|-Exceptional||||||(110,537)||(110,537)|(72,984)||(72,984)|
|Adjustments
for:||||||||||||
|Depreciation
charges||||||22,817||22,817|18,408||18,408|
|(Gains)/losses
on investments||||||(165,071)|3,105|(161,966)|(72,321)|{1,494)|(73,815)|
|Dividends,
interest and rents from||investments||||(37,116)|{1,401)|(38,517)|(38,981)|(1,479}|(40,460)|
|Loss/(proAt)
on the sale ofAxed|assets|||||0|0|0|0||0|
|(Increase)/decrease
in stocks||||||(1,724)||(1,724)|820||820|
|(Increase)/decrease
in debtors||||||(53,397)|6,250|(47,147)|110,906|(3,978)|106,928|
|Increase/(decrease)
in creditors||||||259,245|24,622|283,867|(3,828)|(1,546)|(5,374)|
|Net cash provided
by (used in) operating||||activities||(62,902)|332,814|269,912|(49,969)|81,786|31,817|
||||||ANALYSIS|OF CASH AND CASH EQUIVALENTS||||||
|Bank balances||||||576,729|744,432|1,321,161|207,688|810,217|1,017,905|
|Cash floats||||||550||550|800|0|800|
|Total cash and cash equivalents||||||577,279|744,432|1,321,711|208,488|810,217|1,018,705|
|I|Accounting
Policies|||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|i)|Accounting
Convention|||||||||||||||||||||||||||||
||The accounts ofthe company are prepared
under the historical cost convention,|||||||||||except||for the||revaluation||||ofinvestments|||and|freehold
property||||||
||and in accordance
with Statement of Recommended|Practice on||||||Accounting|||by Charities|||and FRS I02:The||||||Financial
Reporting||||Standard
applicable|||||in|
||the UK and Republic of Ireland ( March 2018),and incorporate|||||||the|results|ofthe principal|||||activities||which||are described||||in the|Directors' Report||||||
||and which are continuing.|||||||||||||||||||||||||||||
|ii)|Income|||||||||||||||||||||||||||||
||Donations are accounted for when received
by the company.||||||Other||income,||including||legacy income, is accounted for on||||||||||an accruals basis|||||so far as||
||it is prudent
and practical to do so. Income includes|income||||tax||recoverable.||||||||||||||||||||||
|iii)|Legacies|||||||||||||||||||||||||||||
||Legacies 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|||charity|||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||||specific|||period, when|||it is placed|||in|a restricted|||
||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||
||included
in the cost ofthose items to which it relates.|||||||||||||||||||||||||||||
|vii)|Investments|||||||||||||||||||||||||||||
||Investments
are shown at market value and realised 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|||||||||||||||||||||||||||||
||Depreciation
oftangible assets is provided
at the following||||annual|||rates in order||||to write||offeach asset over||||||its estimated|||useful|life:||||||
||Freehold properties|||||||||||2%straight|||line|||||||||||||||
||Major Computer equipment|||||||||||20to 33.3%straight|||||line|||||||||||||
||Fixtures, fittings and equipment|||||||||||10ye S. 20'X|||straight||line|||||||||||||
||Bicycle (on salary sacrifice)|||||||||||At the|same rate as||||the salary sacrifice|||||||||||||
|ix)|Stock|||||||||||||||||||||||||||||
||Stock is valued at the lower ofcost and net realisable|value.||||||||||||||||||||||||||||
|x)|Hire purchase
and leasing|||||||||||||||||||||||||||||
||Rentals applicable to operating
leases where substantially||all ofthe benefits 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||||activities||in respect|||of|pension|||
||costs and other post-retirement
benefits
is the amount
payable||||||in the||year. Dill'erences||||between|||contributions||||payable and|||contributions||||actually|||
||paid in the year are shown as either debtors or creditors|||in|the||balance sheet.|||||||||||||||||||||||
|xii)|Transfer between
funds|||||||||||||||||||||||||||||
||"Transfer from restricted
funds" relates to administration|||charges||||relating to the||||management|||of|restricted|||incoming resources,|||||adjusted|||for|fund||
||deficits between years.|||||||||||||||||||||||||||||
|xiii)|Member assets|||||||||||||||||||||||||||||
||When Members
purchase assets these are written
ofl|in year.||||||||||||||||||||||||||||
|xiv)|Itide toWork Scheme|||||||||||||||||||||||||||||
||Staff have the option to be part ofa Ride toWork Scheme||||that||is funded
by|||salary sacrifice.|||||Items are purchased||||||as an asset and depreciated|||||||at the||
||same rate as salary sacrifice deducdons
are made.|||||||||||||||||||||||||||||
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|Total|2020|
|2|Donations|and Legacies|||||
||Gifts & Donations||328,760|1,828,964|2,157,724|2,067,953|
||Legacies||134,502|0|134,502|93,957|
||||463,262|1,828,964|2,292.226|2,161.910|
|3|Investment
Income|||||||
|---|---|---|---|---|---|---|---|
||Interest Received|||37,116|1,401|38,517|40,460|
|||||37,116|1,401|38,517|40,460|
||Cost ofRaising Funds|||||||
||Staffcosts|||73,520||73,520|61,999|
||Publicity & Promotion|||100||100|141|
||Oflice Costs|||11,716||11,716|13,201|
||Property Costs|||2,399||2,399|6,280|
||Motor &Travel|||713||713|646|
||Other Expenses|||991||991|1,021|
||Depreciation|||3,514||3,514|2,835|
|||||92,953||92,953|86,123|
||Charitable
Activities|||||||
||Ministry Costs|||||||
||Support &Allowances|||291,957|1.161,306|1,453,263|1,451,662|
||Project expenditure|||0|216,453|216,453|219,528|
||Ofgce costs|||2,882|0|2,882|2,997|
||Property &accommodation||costs|547|0|547|875|
||Publicity & Promotion|||17,978|0|17,978|21,875|
||Motor &travel|||3,179|0|3,179|2,190|
||Other expenses|||I,I I I|0|I, I I I|237|
||Depreciation|||0|0|0|0|
||ONce &Administrative|expenses||||||
||Staif costs|||265,190||265,190|274,555|
||Olgce Costs|||85,733||85,733|92,887|
||Property Costs|||13,526||13,526|32,958|
||Publicity &Promotion|||2,726||2,726|3,827|
||Motor &Travel|||2.368||2,368|2,257|
||Other Expenses|||5,676||5,676|5,974|
||Depreciation|||19,303||19„303|15,573|
|||||712,176|1,377,759|2,089,935|2,127,395|
##
||||||||Unrestricted|Unrestricted|Unrestricted|Unrestricted|Restricted|Restricted||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Funds||Funds||Total||2020|
||||||||||||||E|||
|6|Governance
Costs|||||||||||||||
||Audit|||||||||7,482||||7,482|7.560|
||Trustees'|expenses|||||||||467|||467|428|
|||||||||||7,949||||7,949|7,988|
||Trustees' expenses relate to travel, olgce costs and publicity||||||||and were incurred|||on behalf ofthe whole||board.||
||Net Income Before Transfers||||||||||||2021||2020|
||The net incoming resources|||before transfers||are after charging:||||||||||
||Depreciation
oftangible Exed assets|||||||||||||22,817|17,243|
||Auditors'|remuneration||||||||||||7,482|7,560|
||Directors'|remuneration||( including|Employer's
Nl )(||note||16)|||||57.483|53,257|
||StafFcosts|(note 8)|||||||||||413,648||402,358|
|8|StaffCosts|(including|directors)||||||||||2021||2020|
||Salaries||||||||||||396,325||383,952|
||Employers|National
Insurance||||||||||||34,704|33,268|
||Pension Contributions|||||||||||||40,102|38,395|
||||||||||||||471,131||455.615|
||The average|number ofstaff||(including|directors) employed|||by the||charity during||the year was as follows:||||
||||||||||||||2021||2020|
||Iiission 8|Support||||||||||||||
||Iianagement 8Administration|||||||||||||||
||External Relationships Sfundraising|||||||||||||||
|||||||||||||||16|15|
||No employee|was paid in|excess of660,000|||||||||||||
||Staff pension|contributions|outstanding||at the|year end were|||63,604||(2020:63,296).|||||
||In addition to employees||there were 12members
at the||||end||ofDecember whose pay is processed||||through
the Charity's
payroll but who are|||
||totally dependent
on support|||they raise for their salaries.||||These costs are shown||||within the restricted||allowances|(note 5).|
##
|Fixed Assets|||||
|---|---|---|---|---|
||Freehold|Fixtures &|Computer|Total|
||Properties|Fittings|Equipment||
|||E|||
|Cost/Valuation|||||
|As at 1.1.2 I|482,383|22,265|52,057|556,705|
|Additions||265|5,158|5,423|
|Disposals||||0|
|As at 31.12.21|482,383|22,530|57,215|562,128|
|Accumulated
depreciation|||||
|As at 1.1.2 I|9.647|10,860|25,450|45,957|
|Charge for the year|9,649|2,109|11,059|22,817|
|Depreciation
on disposals|0|||0|
|As at 31.12.21|19,296|12,969|36,509||
|Net book value|||||
|As at 1.1.21|472,736|11,405|26,607|510,748|
|As at31.12.21|463.087|9,561|20,706|493,354|
|I|Portfolio Summary|Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
|||Funds|Funds|||
||Market Value at 1.1.2 I|1,221,770|45,990|1,267,760|1,193,945|
||Purchases
and Sales|(400,000)|400,000|0|0|
||Gain / (Loss) on revaluation|165,071|(3,105)|161,966|73,815|
||Market value at 31.12.21|986,841|442,885|1,429,726|1,267,760|
||||||||||
|---|---|---|---|---|---|---|---|---|
|I|I|Stock|||||2021|2020|
|||Literature|stock for resale||||5,865|4,141|
|12||Creditors:|Amounts|falling due within one year|||||
|||Transmissions|||||11,867|12,454|
|||Salaries SWages||Creditors|||16,260|27,496|
|||Accruals|||||8,209|8,975|
|||Creditors|||||305,131|12,061|
|||Workers'|Pension|Funds|||14,700|2,300|
||||||||356,167|63,286|
|13||Creditors:|Amounts|falling due after one year|||||
|||Others||||||9,013|
|||||||||9,013|
|14||Analysis of|Net Assets Between Funds||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds||2020|
|||Fixed Assets|||493,354|0|493,354|510,748|
|||Investments|||986,841|442,885|1,429,726|1,267,760|
|||Current Assets|||660.233|751,762|1,411,996|1,060,118|
|||Current
Liabilities|||(296,231)|(59,935)|(356,167)|(63,286)|
|||Long Term Liabilities|||0|0|0|(9,013)|
|||Net Assets|||1,844,197|1,134,712|2,978,909|2,766,327|
##
|15|Analysis ofFunds|Analysis ofFunds||Balance|||Transfers
/|Balance|
|---|---|---|---|---|---|---|---|---|
|||||1.1.2021|Income|Expenditure|Adjustment|31.12.2021|
||Restricted
Funds||||||||
||Education I Humanitarian|||88,885|148,863|(41.937)|708|196,519|
||Media|||1,794|40,988|(36,931)|(3,996)|1,855|
||National Workers|||47,988|129,055|(120,047)|(5,439)|51,557|
||Other l Relief|||11,763|39,717|(14,022)|(1,606)|35,852|
||UK Projects|||7,944|4,148|(3,516)|(468)|8,108|
|||||158,374|362,771|(216.453)|(10,801)|293.891|
||Repen||||||||
||Non UK|||59,505|48,658|(46.920)|(1,666)|59,577|
||UK|||616,595|1,434,251|(1,114,386)|(155,216)|781,244|
|||||676,100|1,482.909|(1,161,306)|(156,882)|840,821|
||Total Restricted||Funds|834,474,|1,845,680|(1,377,759)|{167.683)|1,134,712|
||Designated
Funds||||||||
||Medical
Fund|||20,220|600|(39,576)|39,360|20,604|
||UK Ministries|||7,615|1,038|0|(49)|8,604|
||UK House ofRefuge|||19,652|||(19,652)|0|
||ODFC Donation|Fund||38,125|||(18,125)|20,000|
||Arab Workers|||33,838|||50,000|83„838|
||Regional
Expansion||Funds|0|601|(76.000)|190,000|114,601|
||Total Designated||Funds|119,450|2.239|(115,576)|241,534|247,647|
||General funds||||||||
||General
Fund|||1,812,403|666,037|(808„039)|(73,851)|1,596,550|
||Total General|Funds||1,812.403|666,037|(808,039)|(73,851)|1,596,550|
||Overall Total|Funds||2,766,327|2,513,956|(2.301,374)|0|2.978,909|
|||||Balance||||Balance|
||Prior Year|||1.1.2020|Income|Expenditure|Transfers|31.12.2020|
||Total Restricted|Funds||744,191|1,746,138|(1,457,303)|(198,552)|834,474|
||Total Designated|Funds||133,087|1,869|(52,454)|36.948|119,450|
||Total General
Funds|||1,863,739|571,793|(784,733)|161,604|1,812,403|
||Overall Total Funds|||2.741,017|2,319,800|(2,294,490)|0|2,766,327|
##
##
##
##
|Payable|within|I year|6,679|
|---|---|---|---|
|Payable|in 2to|5 years|12,796|
|Payable|later||1,297|
||||20.772|