COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
COVENANT PLAYERS (UK) TRUST Annual Report 2021
“He has shown you, O mortal, what is good. And what does the LORD require or you? To act justly and to love mercy and to walk humbly with your God.” Micah 6:8 (NIV)
Registered Charity No. 1059359
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
Since 1963...
Covenant Players
...drama that touches the heart, the mind and the soul.
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
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BACKSTAGE UPSTAGE
© Charles M. Tanner
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
C ovenant Players is a professional theatre company, fielding touring troupes throughout the world which perform original theme-based plays in service to the leadership of churches, schools, social service agencies, community and government organisations.
Covenant Players …
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¨ seeks to challenge people to a deeper walk in faith and action
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¨ is a full-time touring ministry
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¨ has served in 78 countries
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¨ has performed in 29 languages
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¨ has given over 2,000,000 performances world-wide.
Governing Document: Deed of Trust dated 30th October 1996
Covenant Players is registered with the Charity Commission of England and Wales as a charity set up for the advancement of the Christian Religion and the advancement of Education.
The objects of the Trust are:
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to advance the Christian faith, particularly through the production and performance of drama and other media to promote Christian teachings, principles, values and mores in the United Kingdom and elsewhere as the Trustees may from time to time think fit.
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to advance education of the public, particularly in the area of religious beliefs and mores in the United Kingdom and elsewhere as the Trustees may from time to time think fit.
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
MISSION STATEMENT
C ovenant Players exists to communicate the Lord Jesus Christ through the medium of drama.
To that end we commit ourselves to:
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¨ Go where the people are.
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¨ Serve the leadership of the church and the community.
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¨ Live a life worthy of our call.
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¨ Love each other and those we serve.
In Covenant with God and one another, we dedicate ourselves to this task.
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
National Directors’ Report
“…for I have always been mindful of your unfailing love and have lived in reliance on your faithfulness .” Psalm 26:3 (NIV)
T his year was indeed a testimony to the Equally, to the faithfulness and generosity of Covenant Players’ supporters and faithfulness of God . the faithfulness and stamina of the Covenant Players missioners themselves. W e were a theatre company unable to perform due to national lockdown regulations; followed by the strict restrictions required as churches, schools, prisons, day centres and homes have attempted to return to some kind of normality. Like others, we sought ways to serve within our communities—and participated in the daily round of Zoom classes, meetings and services. W ithout any prospect of performances, there was no source of income oth-er than what we could seek through possible grants and fundraising. Of course, we were just one organisation among many. More than ever we were completely reliant upon the consistent generosity and financial support of our regular supporters. We are indebted to them for their gifts of love, faith and encouragement during such a challenging time in our history.
I n the spring, we were pleased to be invited by the Capt. Tom Moore Foundation to participate in the Captain Tom 100 event , which was a specific initiative designed to give all charities the opportunity to raise money for their
A ghost-light holds space; waiting for the return of the actors to the stage.
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
...drama that touches the heart, the mind and the soul.
individual needs and campaigns. Individuals, groups and charities were encouraged to complete a personal challenge (100 times) in memory of Captain Tom Moore. We were excited to be involved and determined that we would do a play reading—over Zoom — of 100 plays by Charles M. Tanner .
W hat a blessing it was to hear wonder-ful plays, to see faces and to just revel in the fellowship, the stories and the celebration of the rich life in ministry that we are so blessed to share. It was an international reading as people joined from different time zones, many staying the course right to the end – a marathon 22 hours and 30 minutes! This was an act of love and yet I feel like the blessing was all
Play reading on Zoom—after 22 hrs and 30 min.
ours.
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Captain Tom Moore
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O ther individuals chose to do their own 100 chal-lenge. We are grateful for every 100 cat strokes, pies baked, lengths swum, stairs climbed, goodies baked, cards made, dives into pools, blocks run, steps walked, songs sung and PLAYS READ!
hanks to everyone’s participation and financial T support, we raised in excess of £4,500 .
I n October, participate in the rescheduled Geoffrey Allen was able to Virgin London Marathon. Again we went to our supporters, friends and communities, requesting that they sponsor Geoffrey, and, again, they came through for us—as they always do! Geoffrey completed the marathon in 5 hours and 28 minutes!!
Geoffrey Allen—having completed the Virgin London Marathon.
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
In a visual and media oriented world ...
National Directors’ Report
Covenant Players
I n the autumn, we finally had the opportunity to not only book but actually fulfil our first CP performance since the beginning of lockdown in March 2020. (We had tentatively booked other dates but they would then cancel due to COVID outbreaks.) Practising all our COVID-safe measures, we went to Sharon Gospel Church in Pontypool, where we Masked up and ready to go! were blessed to lead them in worship through drama— 18 months after our last performance.
... is taking dynamic communication to: churches, schools, conferences, youth organisations, adult education and
training centres, centres for the disabled, drug and alcohol awareness
programmes, prisons, young offenders' centres, travellers' workshops, military bases, the business community, homeless day centres, hospitals, nursing and retirement homes... wherever people gather.
T he coronavirus pandemic remains a challenge as we move into 2022. Organisations remain reluctant to bring in outside groups as they seek to manage COVID waves. However, we reflect upon God’s faithfulness throughout these past 2 years and we look forward with hope towards the future.
A gain, we thank you for holding trust with us throughout this year, for all the ways that you have supported us through your prayers, words of encouragement and for your generous and unstinting financial support.
Geoffrey and Deborah Allen National Directors
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
Financial Report
Financial Summary for the year ending 31 December 2021
| Income | 2021 | 2020 |
|---|---|---|
| Donations | 594.70 | 6,104.53 |
| Performances | 580.00 | 2,045.00 |
| Sponsorships | 0.00 | 0.00 |
| Grants | 0.00 | 0.00 |
| Reclaimed Tax | 2,510.73 | 1,593.55 |
| Fundraising appeals and events | 21,716.23 | 15,430.83 |
| Advertising sales | 0.00 | 0.00 |
| Income from assets | 0.00 | 0.06 |
| Books and CDs | 0.00 | 0.00 |
| TOTAL INCOME | 25,401.66 | 25,173.97 |
| Expenditure | ||
Personnel costs (6 workers) |
0.00 | 0.00 |
| Presentation costs | ||
| Food and Lodging | 242.26 | 296.83 |
| Travel | 6,063.97 | 2,879.91 |
| Vehicles | 1,506.10 | 2,960.42 |
| Support costs | 4,860.65 | 3,583.83 |
| Covenant Players International | 5,012.51 | 2,348.93 |
| Donations | 7,632.57 | 8,723.13 |
| Fundraising and publicity | 269.30 | 90.00 |
| Administration and management | 2,651.29 | 2,546.97 |
| Purchase of vehicles and equipment | 0.00 | 0.00 |
| TOTAL EXPENDITURE | 28,238.65 | 23,430.02 |
Net income (deficit) |
(-2,836.99) | 1,743.95 |
Bank balances end of year |
6,534.08 | 9,371.07 |
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COVENANT PLAYERS (UK) TRUST — ANNUAL REPORT 2021
Founder & Playwright Charles M. Tanner
International Director
Bobbi M. Johnson-Tanner
Trustees
Deborah Allen Bobbi M. Johnson-Tanner Eileen Lock Timothy Martin
Officers
Deborah and Geoffrey Allen - National Directors
Bankers
Barclays Bank PLC Leicester LE87 2BB Tel. (0345) 734 5345
Independent Examiner
Mr Ken Bailey Pembroke House Lower Park Terrace Pontypool, NP4 6LB Tel. (01495) 753 767
Covenant Players (UK) Trust
Registered Charity No. 1059359 (in England and Wales)
British & Irish Office and European Headquarters 32 Pine Gardens PONTYPOOL, Wales NP4 6BS Tel.(01495) 651 248 Mob. (07949) 645 838 Email: cp.bio@covenantplayers.org
~~www.covenantplayers.org~~
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
Founder Charles M. Tanner
International Director
Bobbi M. Johnson-Tanner
Trustees
Deborah Allen Bobbi M. Johnson-Tanner Eileen Lock Timothy Martin
Officers
Deborah & Geoffrey Allen - National Directors
Bankers
Barclays Bank PLC Leicester LE87 2BB Tel. (0345) 734 5345
2021 ACCOUNTS
Independent Examiner
Mr Ken Bailey Pembroke House Lower Park Terrace Pontypool, NP4 6LB Tel. (01495) 753 767
| General Fund | 2 - 3 |
|---|---|
| Designated Funds | 4 - 5 |
| Restricted Funds | 6 - 9 |
| Statement of Assets and | 10 |
| Liabilities | |
| Financial Summary for the year | 11 |
| Independent Examiner’s Report | 12 |
Covenant Players (UK) Trust
Registered Charity No. 1059359 (in England and Wales)
British & Irish Office and European Headquarters 32 Pine Gardens, Tranch PONTYPOOL, Wales NP4 6BS Tel. (01495) 651 248 Mob. (07949) 645 838 Email: cp.bio@covenantplayers.org
www.covenantplayers.org
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
| GENERAL FUND | ||
|---|---|---|
| Income Receipts | 2021 | 2020 |
| Grants from other CP Offices and Donations: | ||
| Covenant Players Foreign Offices | 0.00 | 6,055.92 |
| General Donations | 594.70 | 48.61 |
| Performances, Grants and Sponsorships | 580.00 | 2,045.00 |
| Fundraising Appeals and Events | 11,150.33 | 7,383.91 |
| Trading ActivitiesNote 1 | 0.00 | 0.00 |
| Income from Assets | 0.00 | 0.06 |
| Reclaimed Tax | 2,510.73 | 1,518.55 |
| Total Income | 14,835.76 | 17,052.05 |
| Transfers from other funds: | ||
| From Overseas Mission Fund* | 467.92 | 594.85 |
| From Resources Fund | 5,000.00 | 0.00 |
| From Travel Fund* | 841.33 | 0.00 |
| From St. Stephen’s Fund* | 4,390.63 | 0.00 |
| From BIOMed Fund | 5,993.84 | 0.00 |
| From World Mission Fund | 3,000.00 | 0.00 |
| Total Transfers | 19,693.72 | 594.85 |
| Total Income plus Transfers | 34,529.48 | 17,646.90 |
| Payments for Expenses | ||
| Direct Charitable Expenditure: | ||
| Personnel Costs (6 workers) | 0.00 | 0.00 |
| Presentation Costs: | ||
| Food & Lodging | 242.26 | 296.83 |
| Travel | 1,668.27 | 2,426.11 |
| Vehicle Costs | 1,506.10 | 2,960.42 |
| Sound Equipment Costs | 0.00 | 0.00 |
| Support Costs: | ||
| Supplies, Postage, Phone | 2,568.85 | 1,483.83 |
| Rent, Utilities, Maintenance | 2,200.00 | 2,100.00 |
| Grants to Covenant Players International: | ||
| Training | 0.00 | 333.15 |
| Ministry | 5,012.51 | 1,970.32 |
| Total Direct Charitable Expenditure | 13,197.99 | 11,570.66 |
*Monies moved from Restricted Funds to reimburse immigration and travel expenses paid with credit card.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
| 2021 | 2020 | |
|---|---|---|
| Other Expenditure: | ||
| Stolen Cash | 0.00 | 0.00 |
| Fundraising and Publicity | 269.30 | 90.00 |
| Administration and ManagementNote 1a | 2,651.29 | 2,546.97 |
| Designated TitheNote 1b | 0.00 | 0.00 |
| Total Other Expenditure | 2,920.59 | 2,636.97 |
| Payments for Fixed Assets: | ||
| Office Equipment | 0.00 | 0.00 |
| Total Payments for Expenses | 16,118.58 | 14,207.63 |
| Transfers to other funds: | ||
| Air Travel Fund | 5,231.96 | 536.00 |
| BIOMed Fund | 0.00 | 0.00 |
| World Mission Fund | 0.00 | 0.00 |
| Deacons Fund | 0.00 | 0.00 |
| Overseas Mission Fund (January 2020) | 0.00 | 437.00 |
| Vehicle Purchase and Repair Fund | 0.00 | 0.00 |
| Resources Fund | 0.00 | 0.00 |
| St. Stephen’s Fund | 489.70 | 683.00 |
| Total Transfers | 5,721.66 | 1,656.00 |
| Total Payments plus Transfers | 21,840.24 | 15,863.63 |
| Net Income | 12,689.24 | 1,783.27 |
| Opening Balance | -12,790.18 | -14,573.45 |
| Closing Balance | -100.94 | -12,790.18 |
Note 1 Resource Sales are itemised separately on page 5.
Note 1a There were no trustee expenses.
Note 1b The Designated Tithe is a 10% portion of a chosen income amount sent as a donation to another ministry or for a specific need within Covenant Players ministry, outside of the United Kingdom.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
AIR TRAVEL FUND (Designated) Note 2
| AIR TRAVEL FUND(Designated)Note 2 | ||
|---|---|---|
| Income Receipts | 2021 | 2020 |
| Transfers from General Fund | 5,231.96 | 536.00 |
| Grants from Covenant Players – International | 0.00 | 0.00 |
| Transfer from Overseas Mission Fund (January 2020) | 0.00 | 0.00 |
| Total Income Receipts | 5,231.96 | 536.00 |
| Payments | ||
| Direct Charitable Expenditure: | ||
| Travel | 5.07 | -82.20 |
| Support Costs: | ||
| Visas/Fees | 4,390.63 | 536.00 |
| Grants to CP – Europe | 0.00 | 0.00 |
| Transfers to World Mission Fund | 0.00 | 0.00 |
| Transfers to General Fund | 0.00 | 0.00 |
| Total Payments | 4,395.70 | 453.80 |
| Net Income | 836.26 | 82.20 |
| Opening Balance | 455.71 | 373.51 |
| Closing Balance | 1,291.97 | 455.71 |
| BIO-MEDICAL FUND(Designated)Note 3 | ||
|---|---|---|
| Income Receipts | ||
| Transfers from General Fund | 0.00 | 0.00 |
| Grants from Covenant Players - International | 0.00 | 0.00 |
| Total Income Receipts | 0.00 | 0.00 |
| Payments | ||
| Direct Charitable Expenditure: | ||
| Emergency Needs | 0.00 | 0.00 |
| Grant to Covenant Players Europe Medical | 0.00 | 0.00 |
| Support Costs: | ||
| Health Insurance | 0.00 | 0.00 |
| Transfers to General Fund | 5,993.84 | 0.00 |
| Total Payments | 5,993.84 | 0.00 |
| Net Income | -5,993.84 | 0.00 |
| Opening Balance | 6,493.84 | 6,493.84 |
| Closing Balance | 500.00 | 6,493.84 |
Note 2 This fund is set aside primarily to fly missioners to their assignments around the world and for the accompanying immigration costs. It is designated from performance income – 5% of the unit weekly payment to the office.
Note 3 The Euro Medical Fund was changed to the BIO Medical Fund during 2007. The BIO Medical Fund is set aside primarily for medical emergencies for personnel. This is also designated from unit income.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
WORLD MISSION FUND (Designated) Note 4
| Income Receipts | 2021 | 2020 | |
|---|---|---|---|
| Transfers from ATF Fund | 0.00 | 0.00 | |
| Transfers from General Fund | 0.00 | 0.00 | |
| Total Income Receipts | 0.00 | 0.00 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Grants to Covenant Players International | 0.00 | 0.00 | |
| Transfers to General Fund | 3,000.00 | 0.00 | |
| Total Payments | 3,000.00 | 0.00 | |
| Net Income | -3,000.00 | 0.00 | |
| Opening Balance | 4,911.23 | 4,911.23 | |
| Closing Balance | 1,911.23 | 4,911.23 | |
| RESOURCES FUND(Designated)Note 5 | |||
| Income Receipts | |||
| From Trading Activities: | |||
| Playbooks | 0.00 | 0.00 | |
| Devotion Books | 0.00 | 0.00 | |
| New Sound CDs | 0.00 | 0.00 | |
| Sunday Celebration Cassettes | 0.00 | 0.00 | |
| Royalty Payments | 0.00 | 0.00 | |
| Surplus Donations | 0.00 | 0.00 | |
| BIO Resources (from 2008) | 0.00 | 0.00 | |
| Transfer from General Fund | 0.00 | 0.00 | |
| Total Income Receipts | 0.00 | 0.00 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Grants to Covenant Players Int. (Resources) | 0.00 | 0.00 | |
| Royalty Payment | 0.00 | 0.00 | |
| Transfers to General Fund | 5,000.00 | 0.00 | |
| Total Payments | 5,000.00 | 0.00 | |
| Net Income | -5,000.00 | 0.00 | |
| Opening Balance | 5,684.22 | 5,684.22 | |
| Closing Balance | 684.22 | 5,684.22 |
Note 4 The World Mission Fund supports the ongoing ministry of Covenant Players across the world. Monies are sent to the World Headquarters in Los Angeles or designated for use following discussion with the International Director. It is a designated fund – 30% of the unit weekly payment to the office. Play and performance royalties are also sent to World Headquarters.
Note 5 Resources prior to 2008 were sold on the basis of a suggested donation. They were fabricated in the USA and shipped to Covenant Players Europe. Funds have previously been returned to Covenant Players USA Resources, unless otherwise directed by the Trustees and Covenant Players’ International Director. As of 2008, resources are purchased from Covenant Players USA and sold in the UK. Proceeds are retained by Covenant Players (UK) Trust. Purchase costs are listed as a liability as per instructions from the Independent Examiner.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
DEACONS FUND (Restricted) Note 6
| DEACONS FUND(Restricted)Note 6 | |||
|---|---|---|---|
| Income Receipts | 2021 | 2020 | |
| Donations from Covenant Players Europe | 0.00 | 29.60 | |
| Transfers from General Fund | 0.00 | 0.00 | |
| Total Income Receipts | 0.00 | 29.60 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Grants to Individuals | 0.00 | 111.60 | |
| Grants to Covenant Players International | 0.00 | 0.00 | |
| Transfers to General Fund | 0.00 | 0.00 | |
| Total Payments | 0.00 | 111.60 | |
| Net Income | 0.00 | - 82.00 | |
| Opening Balance | 2,054.19 | 2,136.19 | |
| Closing Balance | 2,054.19 | 2,054.19 | |
| OVERSEAS MISSION FUND(Restricted)Note 7 | |||
| Income Receipts | |||
| Transfers from General Fund (for January 2020) | 0.00 | 437.00 | |
| Transfer from Travel (R) | 0.00 | 0.00 | |
| Donations | 0.00 | 586.92 | |
| Total Income Receipts | 0.00 | 1,023.92 | |
| Payments | |||
| Transfer to General Fund as part of a grant to Germany | 467.92 | 45.46 | |
| Transfer to Travel (R) Fund (January 2020)Note 7a | 841.33 | 0.00 | |
| Transfer to Vehicle (R) FundNote 7a | 1037.13 | ||
| Transfer to General Fund for ATF (January 2020) | 0.00 | 594.85 | |
| Total Payments | 2,346.38 | 640.31 | |
| Net Income | -2,346.38 | 383.61 | |
| Opening Balance | 2,346.38 | 1,962.77 | |
| Closing Balance | 0.00 | 2,346.38 |
Note 6 The Deacons Fund is administered by an appointed body of Deacons from Covenant Players Europe. Monies are disbursed as directed by the Deacons.
Note 7 The Overseas Mission Fund is for monies given to support Covenant Players’ mission needs overseas.
Note 7a These monies were the remaining monies from those raised for January 2020. They were actually designated funds but were kept in a separate fund held within the Overseas Mission Fund. They remainder was transferred to the Vehicle Fund (R) and the Travel Fund (R).
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
ST. LUKE’S FUND (Restricted) Note 8
| ST. LUKE’S FUND(Restricted)Note 8 | |||
|---|---|---|---|
| Income Receipts | 2021 | 2020 | |
| Donations | 0.00 | 76.80 | |
| Total Income Receipts | 0.00 | 76.80 | |
| Payments | |||
| Health Needs | 91.80 | 0.00 | |
| Total Payments | 91.80 | 0.00 | |
| Net Income | -91.80 | 76.80 | |
| Opening Balance | 91.80 | 15.00 | |
| Closing Balance | 0.00 | 91.80 | |
| ST. STEPHEN’S FUND(Restricted)Note 9 | |||
| Income Receipts | |||
| Donations | 10,565.90 | 7,153.60 | |
| Tax Reclaimed | 0.00 | 75.00 | |
| Transfers from General Fund | 489.70 | 683.00 | |
| Total Income Receipts | 11,055.60 | 7,911.60 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Grants to Individuals | 7,632.57 | 8,111.53 | |
| Grants to Units | 0.00 | 500.00 | |
| Grants to Covenant Players International | 0.00 | 0.00 | |
| Transfers to General Fund – Immigration Costs | 4,390.63 | 0.00 | |
| Total Payments | 12,023.20 | 8,611.53 | |
| Net Income | -967.60 | - 699.93 | |
| Opening Balance | 1,297.96 | 1,997.89 | |
| Closing Balance | 330.36 | 1,297.96 |
Note 8 The St. Luke’s Fund is for the benefit of Covenant Player missioners’ health needs.
Note 9 The St. Stephen’s Fund, formerly the Missioner Support Fund, is for the benefit of Covenant Player missioners, mostly individual needs, but occasionally for group needs as desired by the donor.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
| SOUND EQUIPMENT FUND(Restricted)Note 10 | SOUND EQUIPMENT FUND(Restricted)Note 10 | ||
|---|---|---|---|
| Income Receipts | 2021 | 2020 | |
| Donations | 0.00 | 0.00 | |
| Transfers from General Fund | 0.00 | 0.00 | |
| Total Income Receipts | 0.00 | 0.00 | |
| Payments | |||
| Repair and Maintenance | 0.00 | 0.00 | |
| Total Payments | 0.00 | 0.00 | |
| Net Income | 0.00 | 0.00 | |
| Opening Balance | 1.00 | 1.00 | |
| Closing Balance | 1.00 | 1.00 | |
| TRAVEL FUND(Restricted)Note 11 | |||
| Income Receipts | |||
| Donations | 0.00 | 0.00 | |
| Transfer from Overseas Mission Fund (January 2020) | 841.33 | 0.00 | |
| Tax Reclaimed | 0.00 | 0.00 | |
| Total Income Receipts | 841.33 | 0.00 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Grants to Covenant Players International (Travel) | 0.00 | 0.00 | |
| Travel | 0.00 | 0.00 | |
| Transfer to General Fund (ATF) | 841.33 | 0.00 | |
| Transfer to OMF (for January 2020) | 0.00 | 0.00 | |
| Total Payments | 841.33 | 0.00 | |
| Net Income | 0.00 | 0.00 | |
| Opening Balance | 0.00 | 0.00 | |
| Closing Balance | 0.00 | 0.00 |
Note 10 The Sound Equipment Fund is for the repair and purchase of sound equipment for the use of the ministry, particularly the “Catalysts” music ministry.
Note 11 The Travel Fund is for monies raised to get CP missioners to their mission areas, or for other special travel needs where the expense originates with Covenant Players (UK) Trust.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
VEHICLE PURCHASE AND REPAIR FUND (Restricted) Note 12
| Income Receipts | 2021 | 2020 | |
|---|---|---|---|
| Donations | 0.00 | 200.00 | |
| Transfers from Overseas Mission Fund(see Note 7a) | 1,037.13 | 0.00 | |
| Tax Reclaimed | 0.00 | 0.00 | |
| Total Income Receipts | 1,037.13 | 200.00 | |
| Payments | |||
| Direct Charitable Expenditure: | |||
| Vehicle Repairs | 0.00 | 0.00 | |
| Purchase of Vehicle | 0.00 | 0.00 | |
| Grant to Covenant Players Europe (Vehicle) | 0.00 | 0.00 | |
| Transfers to General Fund – VITAL* | 0.00 | 0.00 | |
| Total Payments | 0.00 | 0.00 | |
| Net Income | 1,037.13 | 200.00 | |
| Opening Balance | -1,175.08 | -1,375.08 | |
| Closing Balance | -137.95 | -1,175.08 | |
| EQUIPMENT FUND(Restricted)Note | 13 | ||
| Income Receipts | |||
| Equipment Donations | 0.00 | 0.00 | |
| Transfers from General Fund | 0.00 | 0.00 | |
| Total Income Receipts | 0.00 | 0.00 | |
| Payments | |||
| Equipment Purchases | 0.00 | 0.00 | |
| Transfers to General Fund | 0.00 | 0.00 | |
| Total Payments | 0.00 | 0.00 | |
| Net Income | 0.00 | 0.00 | |
| Opening Balance | 0.00 | 0.00 | |
| Closing Balance | 0.00 | 0.00 |
Note 12 The Vehicle Purchase and Repair Fund has two functions. On the road, it is mainly used for repairs to unit vehicles. From the office, it is used for purchasing and maintaining vehicles.
*VITAL = Vehicle Insurance, Tax and Licensing Fund
Note 13 The Equipment Fund was established in 2003 for donated funds for the purchase of ministryrelated equipment, especially computer/IT equipment.
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
FINANCIAL REPORT
Financial Summary for the year ended 31 December 2021
| Statement of Assets and Liabilities | ||
|---|---|---|
| Monetary Assets: | ||
| Bank Deposits | £6,507.93 | |
| Petty Cash | £26.15 | |
| Total Monetary Assets: | £6,534.08 | |
| Liabilities | ||
| 10 payments owing on photocopier (ends June | 2024) | £2,292.00 |
| (copier and contract as of July 2019 @ £191.00 + 20% VAT per quarter = £229.20) | ||
| Non-monetary Assets for use in direct charitable activity: | ||
| Vehicle Fleet | ||
| Ford Torneo Connect (March 2016) CK16 LLV purchased in full from October 2016 | ||
| to March 2017 with (R) donations received | for that purpose. Total paid:£18,007.77 | |
| Covenant Players has the use of1other vehicle: | ||
| Ford Fiesta Diesel (2012) DK12 VGC (Allen) |
SCRAPPED:
Ford Focus Petrol (2000) W452 VVW – purchased for £250.00 in November 2017 (Allen) Sound Equipment 4 microphones (purchased 1997 for approximately £168.00) 2 speakers (purchased 2002 for £166.00) Mixer/amplifier 9 channel (donated 2000 from Covenant Players Europe) Resources (from 2008) 17 Playbooks = cost £18.88 63 Music CDs = cost £293.68 Equipment for use in support activities of the charity: 3 telephones and answering machine (purchased in 2012 for £74.99) 1 shredder (purchased in 2006 for £19.99) Telephones, desks, filing cabinets, office chairs (purchased 1990-2012 value £0.00) 2 Fax Machines (Value £0.00) Second-hand household furniture (donated and purchased through the years value £0.00)
Report prepared by:
Deborah Allen 27 October 2022 …………………………………………………………… ……………………………………… Deborah Allen, National Director (Date) 27 October 2022 …………………………………………………………… ……………………………………… Geoffrey Allen Geoffrey Allen, National Director (Date)
Approved by the Trustees and signed on their behalf by:
Eileen Lock 27 October 2022 …………………………………………………………… ….…………………………………….. Trustee (Date)
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COVENANT PLAYERS (UK) TRUST Registered Charity No. 1059359 Accounts for the Year to 31 December 2021 Receipts and Payments Accounts
Financial Summary for the year ending 31 December 2021
| Income | 2021 | 2020 |
|---|---|---|
| Donations | 594.70 | 6,104.53 |
| Performances | 580.00 | 2,045.00 |
| Sponsorships | 0.00 | 0.00 |
| Grants | 0.00 | 0.00 |
| Reclaimed Tax | 2,510.73 | 1,593.55 |
| Fundraising appeals and events | 21,716.23 | 15,430.83 |
| Advertising sales | 0.00 | 0.00 |
| Income from assets | 0.00 | 0.06 |
| Books and CDs | 0.00 | 0.00 |
| TOTAL INCOME | 25,401.66 | 25,173.97 |
| Expenditure | ||
| Personnel costs (6 workers) | 0.00 | 0.00 |
| Presentation costs | ||
| Food and Lodging | 242.26 | 296.83 |
| Travel | 6,063.97 | 2,879.91 |
| Vehicles | 1,506.10 | 2,960.42 |
| Support costs | 4,860.65 | 3,583.83 |
| Covenant Players International | 5,012.51 | 2,348.93 |
| Donations | 7,632.57 | 8,723.13 |
| Fundraising and publicity | 269.30 | 90.00 |
| Administration and management | 2,651.29 | 2,546.97 |
| Purchase of vehicles and equipment | 0.00 | 0.00 |
| TOTAL EXPENDITURE | 28,238.65 | 23,430.02 |
| Net income (deficit) | (-2,836.99) | 1,743.95 |
| Bank balances end of year | 6,534.08 | 9,371.07 |
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