##
##
##
##
|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|