2021-03-31-accounts

		Pages
Legal and Administrative Information
Annual Report ofthe	Trustees
Independent Auditor's	Report
Statement of Financial	Activities
Balance Sheet		12
Statement ofCash Flows		13
Notes to the Accounts		14

					Number ofgrants	Total
Individuals
Theological	and ministry		training	grants	85	193,900
Other ministry grants					6	18,000
PhD studies					7	36,000
Relief of poverty					1	8 720
					99	256,620
Institutions
Theological	and ministry		training	grants	7	40,034
Church plant	grants				5	23,000
Other church	ministry	grants			15	58,500
					27	121,534
					126	378,154

				Unrestricted	funds		2021	2020
				General	Designated		Total funds	Total funds
			Notes			8		8
Income and endowments		from:
Donations			2	1,112,686.55			1,112,686.55	451,478.75
Interest income
Total income and endowments				1,112,686.55			1,112,686.55	451,478.75
Expenditure on:
Charitable activities:
Individual grants payable
Theological and ministry	training			193,900.00			193,900.00	272,021.00
PhD studies				36,000.00			36,000.00	32,500.00
Other Ministry grants				18,000.24			18,000.24	13,000.00
Relief ofpoverty				8720.00			8720.00	5320.07
				256,620.24			256,620.24	322,841.07
Institutional grants payable
Theological and ministry	training			40,034.00			40,034.00	39,017.00
Church plants				23,000.00			23,000.00	58,000.00
Other church ministry				58,500.24			58,500.24	139,504.00
				121,534.24			121,534.24	236,521.00
Management and administration			s	3,013.86			3,013.86	2,817.83
Total charitable expenditure				381,168.34			381,168.34	562,179.90
Net income/(expenditure)	before			731,518.21			731,518.21	(110,701.15)
transfers
Transfers between funds
Net income/(expenditure)	before other			731,518.21			731,518.21	(110,701.15)
recognised gains and losses
Gains/(losses) on investment		assets		9,949.17			9,949.17
Net movement in funds				741,467.38			741,467.38	110701.15
Total funds brought forward				450,133.73			450,133.73	560,834.88
Total funds carried forward				1 191601.11			1,191,601.11	450,133.73

					Unrestricted	funds		2021	2020
					General	Designated		Total funds	Total funds
				Notes			6	r
Current assets:
Debtors					17.25			17.25	30,049.75
Cash at bank and		in	hand		1,193,225.72			1,193,225.72	429,879.81
Shares held	for sale
Total current assets					1,193,242.97			1,193,242.97	459,929.56
Liabilities:
Creditors: amounts			falling due within
one year					1,841.86			1,641.86	9,795.83
Net current	assets				1,191,601.11			1,191,601.11	450,133.73
Total assets	less	current liabilities			1,191,601.11			1,191,601.11	450,133.73
Net assets					1,191,601.11			1,191,601.11	450,133.73
Unrestricted	funds				1 191601.11			1 191601.11	450133.73

								2021	2020
								g	r.
							Notes
Cash flows from operating	activities:
Net cash provided by (used in) operating			activities
Cash flow from investing	activities
(Investments received as giRs)								(784,602)
Proceeds from sale ofinvestments								794,551
Net cash from investing activities								~4
Cash flow from financing	activities
Change in cash and cash	equivalents	in	the	reporting	period			763,346	21,408
Cash and cash equivalents	at the beginning			ofthe reporting		period	2	Q9J8}	408472
Cash and cash equivalents	at the end	of	the	reporting	period		2

				2021 g	2020f
Net income/(expenditure)		for the reporting	period	731,518	(110,701)
(Gains)/losses on	investments			(9,949)
(Increase)/decrease	in	debtors		30,033	131,542
Increase/(decrease)	in	creditors		~8154	567

Year	end	31 March 2021
				2021	2020
				f	g
Cash	and	cash equivalents	~11	22	QQg
Year	end	31 March 2020
				2020	2019
				f	f
Cash	and	cash equivalents

4. Institutio	nal gr	ants payable
			Unrestricted		funds		2021	2020
			General f	Designated		f	Total funds f	Totalfunds f.
Theological and ministry	training	grants	40,034.00				40,034.00	39,017.00
Church plants			23,000.00				23,000.00	58,000.00
Other church ministry			58,500.24				58500.24	139,504.00
Total			121,534.24				121,534.24	236,521.00
Analysis	by institution
			Unrestricted		funds		2021	2020
			General f	Designated		f	Total funds	Total funds f
Theological and ministry	training	grants
Broadgrace Church, Norfolk			1,500.00				1,500.00
St Paul's Church, Christchurch,		New Zealand	3,017.00				3,017.00
Japan Christian Link			6,000.00				6,000.00	6,000.00
Living Word, International			5,000.00				5,000.00	5,000.00
REACH ICESA, South Africa			7,017.00				7,017.00	8,017.00
Friends ofJBC			15,000.00				15,000.00	16,000.00
All Saints, Preston			2,500.00				2,500.00	4,000.00
People International
			40,034.00				40034.00	39,017.00
Church plant grants
Trinity at Four, Henley								6,000.00
Redeemer Church, Folkestone			6,000.00				6,000.00
Hope Church, Halifax								5,000.00
Trinity Church, Scarborough								8,000.00
Christ Church, Walkley								3,000.00
Anchor Church, Lymington			3,000.00				3,000.00
Trinity Church, Everton								6,000.00
IPC Chester			5,000.00				5,000.00
Bodmin Community Church								5,000.00
Trinity Church Central (London)			4,000.00				4,000.00	7,000.00
Rochdale Evangelical Church			5,000.00				5,000.00
Redeemer Church, Winchester								7,000.00
Oikos Church, Birmingham								5,000.00
Redeemer Church, Chorlton								6,000.00
			23,000.00				23,000.00	58,000.00

			Unrestricted	funds	2021	2020
			General	Designated	Total funds	Total funds
			8	8	8	8
Other church ministry
StAndrew the Great Church	(Terrington	St Clement)	5,000.00		5,000.00	5,000.00
Ridgeway Church, StAlbans						5,000.00
Spake Baptist Church						5,000.00
St Simon &StJude Church,	Southport					3,000.00
Oldham Bethel Church						6,000.00
New Life Church, Middlesbrough			2,500.00		2,500.00	3,000.00
Christ Church Central, Sheilield			3,000.00		3,000.00
Kendray Trust			4,000.00		4,000.00	5,000.00
Brussels Bible Institute, Belgium			12,000.24		12,000.24	12,004.00
SIM IMEGO						5,000.00
Living Word International						4,000.00
StPeters Church, Bury StEdmunds						3,500.00
East Dean, Friston &Jevington						3,000.00
Grace Church, Leith						3,000.00
Cmssteach			3,000.00		3,000.00	4,000.00
East London Tabernacle						4,000.00
St Bartholomew's Church, Bath						3,000.00
Ingleton Evangelical Church						5,000.00
Newquay Baptist Church			3,500.00		3,500.00
Toxteth Women's Centre			2,000.00		2,000.00	2,000.00
9:38Ministries			5,000.00		5,000.00
East Whitehaven Mission Community						5,000.00
Faith 8 Freedom						30,000.00
Christ Church, Southampton						5,000.00
Welliield Church, Leyland			4,000.00		4,000.00	5,000.00
StThomas' Church, Kidsgmve						5,000.00
Namugongo Partnership			2,000.00		2,000.00
St Clement, Openshaw			5,000.00		5,000.00
StPeters Church, Conisbrough			1,500.00		1,500.00
St Matthew's Church, Cambridge			3,000.00		3,000.00
Church by the Bay, Morecambe			3,000.00		3,000.00
Crosslands/ Growing Young	Disciples					5,000.00
Crossway Church, Strafford						4,000.00
			58,500.24		58,500.24	139,504.00
Total institutional grants			121,534.24		121,534.24	236,521.00

Net movements	in funds for the year is stated aRer charging:-
		2021	2020
		f	f
Audit fee
Debtors
		2021	2020
		6
Amounts falling	due within one year:
Income tax recoverable		17.25	30,049.75
Proceeds due	from sale ofshares
Interest due
Repayments due from beneficiaries
Programme related loans
		~17 2
Amounts falling	due after more than one year:
Programme related loans
Aggregate amounts
Creditors: Amounts falling due within one year
		2021	2020
			6
Amounts payable to beneficiaries			8,000.00
Administration	expenses due	201.86	355.83
Accrued expenses —auditor's fee		1440.00	1440.00