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2022-03-31-accounts

Contents Page
Report ofthe trustees 1-9
Independent
auditor's		 report 10-13
Statement offinancial activities for the year ended 31*'March 2022 14
Statement
offinancial		 activities for the year ended 31"March 2021 15
Balance sheet
Statement ofcash flows
Notes to the financial statements 18-26

Unrestricted Restricted Total Total
Note Funds Funds 2022 2021
F 6 E
Income and endowments
from:
General donations &legacies 4 512,159 512,159 1,103,738
Restricted donations:
Festival 30,790 30,790 20,944
Assistance 8,990 8,990 54,077
Youth 3,078 3,078 47
Investments
Deposit interest 240 240 240
Other Income 5 35,942 35,942
Total 548,341 42,858 591,199 1,179,046
Expenditure on:
Charitable
activities:
Local congregations 242,699 242,699 207,220
Media 40,133 40,133 40,724
Festival 21,435 30,790 52,225 63,740
Assistance 8,990 8,990
International 148,434 148,434 155,648
Youth 43,392 6,219 49,611 43,982
Other expenditure 7,200 7,200 13,800
Total 503,293 45,999 549,292 497,323
Net Income 45,048 (3,141) 41,907 681,723
Transfers
between		 funds 3 141 3 141
Net Movement
in Funds		 41,907
Total funds brought forwards 1,259,141 70,195 1,329,336 647,613
Total funds carried forwards 1,301,048 70,195 1,371,243 1,329,336

Unrestricted Restricted Total Total
Note Funds
f		 Funds
f		 2021f 2020f
Income and endowments
from:
General donations 4 1,103,738 1,103,738 810,596
Restricted donations:
Festival 20,944 20,944 23,619
Assistance 54,077 54,077 8,476
Youth 47 47 3,667
Investments
Deposit interest 240 240 240
Total 1,103,978 75,068 1,179,046 846,598
Expenditure
on:
Charitable
activities:
Local congregations
Media		 207,220
40,724		 207,220
40,724		 259,480
45,873
Festival 15,005 20,944 35,949 63,740
Assistance 2,443
International 101,571 54,077 155,648 202,214
Youth 43,982 43,982 54,248
Other expenditure 13,800 13,800 7,200
Total 7 422,302 75,021 497,323 635,198
Net (Expenditure)l Income 681,676 47 681,723 (86,760)
Net Movement
in Funds
Funds at 1st April 2020 577,465 70,148 647,613 522,973
Funds at 31st March 2021 1,259,141 70,195 1,329,336 436,213

Note F 2022 2021
f
Fixed Assets
Tangible fixed assets 9
Current Assets
Debtors and prepayments 10 11,334 26,705
Cash at bank 1,395,161 1,328,631
1,406,495 1,355,336
Creditors, amounts falling
due within one year 11 (35,252) (26,000)
Net Current Assets 1,371,243 1,329,336
Total Assets Less Current
Liabilities 1,371,243 1,329,336
Income Funds
Restricted funds 13 70,195 70,195
Unrestricted
funds		 1,301,048 1,259,141
Total Funds 1,371,243 1,329,336

Note 2022 2021
5 5
Cash flows from operating activities
Net cash (used in)/ provided by operating
activities		 17 66,290 731,561
Cash flows from investing activities
Interest income 240 240
Net cash provided
by investing
activities		 240 240
Change
in cash and cash equivalents		 in the year 66,530 731,801
Cash and cash equivalents at the beginning ofthe year 1 328631 596830
Total cash and cash equivalents
at		 the end ofthe year 1,395,161 1,328,631

2022 Staff Direct Allocated Total
Costs Costs Costs 2022
E 6 F
Direct charitable expenditure:
Local congregations 158,874 52,511 31,314 242,699
Media 17,022 7,453 15,658 40,133
Festival 8,511 17,619 26,095 52,225
Assistance 8,990 8,990
International 25,533 122,901 148,434
Youth 11,348 6,949 31,314 49,611
Allocated Costs 62,415 (62,415)
Governance costs 7,200 7,200
283,703 223,623 41,966 549,292
Other
2021 Staff Direct Allocated Total
Costs Costs Costs 2021
6 6
Direct charitable expenditure:
Local congregations 164,286 11,440 31,494 259,480
Media 17,602 7,375 15,747 40,724
Festival 8,801 905 27,120 35,949
Assistance
International 26,403 129,245 155,648
Youth 11,735 754 32,544 43,982
Allocated Costs 64,541 (59,783)
Governance costs 13,800 13,800
293,368 163,519 40,436 497,323

Employees
and Staff Costs		 Employees
and Staff Costs		 Employees
and Staff Costs
2022 2021f
Salaries
National		 and wages
insurance		 250,871
15,912		 262,539
15,685
Pension costs 5,988 5,941
Other staff costs —health and life insurance 10,932 9,136
283,703 293,301

Leasehold
latgfgygtngnh		 Leasehold
latgfgygtngnh		 Boat Office
~E ~ i *t		 Computer
~S		 Total
Cost
At 1st April 2021 6,888 3,996 42,696 1,451 55,031
At 31st March
2022		 6,888 f 3,996 f 42,696 f. 1,451 f 55,031
Depreciation
At 1stApril 2021 6,888 3,996 42,696 1,451 55,031
At 31st March
2022		 f 6,888 f 3,996 f 42,696 f 1,451 f 55,031
Net book value
At 31st March
2022
At 31st March
2022		 F f
10. Debtors
2022 2021
F
Other debtors 4,100 18,797
Prepayments and accrued income 7,234 7,908
11,334 26,705
11. Creditors: amounts falling due within one year
2021 202
6 F
Trade creditors
Taxation and social security 4,760 4,760
Other creditors
Accruals 30,492 21,240
35,252 26,000
12. Analysis of Net Assets by Fund
Restricted Unrestricted
2022 Funds Funds Total
8 F F
Fixed assets
Current assets 70,195 1,336,300 1,406,495
Current liabilities (35,252) (35,252)
70,195 1,301,048 1,371,243
2021 Restricted Unrestricted
Funds Funds Total
6 6
Fixed assets
Current assets 70,195 1,285,141 1,355,336
Current liabilities (26,000) (26,000)
70,195 1,259,411 1,329,336

Restricted Funds
Balance Movement Movement Balance
1st in in 31st
April Resources Resources March
2021
E		 Incoming
E		 Outgoing T/fers
E		 2022f
Festival 30,790 (30,790)
Assistance 70,148 8,990 (8,990) 70,148
Youth 47 3,078 (6,219) 3,141 47
70,195 42,858 (45,999) 3,141 70,195
Balance Movement Movement Balance
1st in In 31st
April Resources Resources March
2020 Incoming Outgoing T/frs 2021
E E
Festival 20,944 (20,944)
Assistance 70,148 54,077 (54,077) 70,148
Youth 47 47
70,148 75,068 (29,729) 70,195

17. Reconciliation
ofnet movement		 Reconciliation
ofnet movement		 in funds to net cash flow from operating activities
2022 2021f
Net income/
(expenditure)for		 the year (as per the statement
offinancial
activities)
Net movement
in funds		 41,907 681,723
Adjustment
for:
Interest from investments (240) (240)
Decrease
in debtors		 15,371 41,569
Increase
in creditors		 9,252 8,509
66,290 731,561