Ro91st•rod numr. 03678243 Charity number: 1072964 COMPNNIES HOUSE 21"JULWJ BELFAST SCRIPTURE UNION INTERNATIONAL COUNCIL (A company IlmSted by guaranteel DIRECTORS. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 * JC8f C4top" 24107r2023 ¢OMPtr41ES mlSE ' JNI 193
SCRIPTURE UNION INTERNATIONAL COUNCIL (A cornpany limitéd by guaAThtee) CONTENTS P4e Relttence and admlni$iAtivè dttalls of the Company. Its Dlweclorn and advlsers DirKtor8' f•POrt Independent audttopJ report on thè finaneial statemtnts Slatemwrt of finan¢lal actlvltl•s 2.10 11-14 15 Balance sheet 16- 17 Statem*rt of tash flows 18 Note8 to the flnancl•l statements 19-32
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company Ilmlled by guarantee) REFERENCE AND ADMINISTRATIVE DETAJLS OF THE COMPANY. ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Dlreclows Ctr Samual Afrane Or Ramm Wayne Baker Dr Chrislian Hthig. Chaiffli Mrs mClk8 Kusthmierz. Chief Ex•¥ Dr Enrique Martinez Reina Ms Margaret Melrose Ncrfman Mr SooTrWah Jon Ong Iresvjned 4 2022) Dr Mre1 Kaniki Sr#ale Mr Andrew McKen2 Mr Derek Marf( Heasman Ms Shirfey Mxrtsai Wary (appctsd 15 Febnry 2023) Company wlstered number D3678243 Charity registered number 1072964 Reglslernd olfico L>tchell Hwge. 13 Freel• Park wareh R¢xd Dorsel 8H16 6FA Independenl audltors UHY Hacker Young Fth Limited StaluloryAudit¢ys & Chartered Accwntsrts 27-29 GdOn Street 8eJlast 8T1 2LG BankefS CAF Bank 25 Kings Hill Avenue Hill Wesl MallwKJ Kert ME19 4TA HS8C 186 Brc Didcol Oxon -OX1.1_8RP "Sw. und Kredthnk eG Postlath 4085 58426 Witten Germany S¢li¢itors P¢*he¢•y Wrtham Weld 70 SL George's Square Lorbjon P&Je 1
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company l#nited by 9uarnffti•¢) OIRECTORS. REPORT FOR THE YEAR ENOED 310ECEIABEA 2022 Thg Directors (who are a150 Trustees d the chanloble wipwry) prvwil Iheir •nnual rert ryth thg audrted finanekql sLitemenl$ ol ihe Sewure Union Iniemakna c¢ne11 lor l January 2022 10 31 December 2022. The Annual rewl serve5 the purposes of both a Dyedors. report arKI a dired0. report under company 18w. The DireelJrs eonfirm that the Ann report and financ stalemènts cl the charrtablè comp8ry comply with the current Stat1Y requirements. Ihe requirernenls ol the dwrrtable c¢ThpanYs gjveming 4Jocumenl and the pro¥isions of the Statemenl of Reccynmended pracCe (SORP) applubbe to charities preparing their accounts in rdance with the Financiaf ReF#Xing Standard appIae in Ihe UK and RepublK of IrelorKI (FRS1021 {effe¢tivg 1 January 20191. Sin¢e the Ckrynpany qualif$ as Small under section 382 of the Companiès Act 20. the Strategic report required of medium and large c(Thpanie5 under the CompanEs Ad 2f)JS IStregi¢ Report and Th'reclors, Rept)rtl Rewlations 2013 has been omited. Objectives and activltles a. Policles and obje¢tsve5 SUIC'S objecis are to SUF(rt the of itknre through¢yJt the in owns of advancing the Chri$lian farth ty- making God'$ news kn17ml to ¢hildren. yourg peopl?. and famils: and erttyjraging people of all w lo meet Gctyj Ihr(wh the &'ble prnyer. solhal they may cc¢))e to peTsonal faith in our Lord Jesus Christ. gr(Y4¥ in ChtIan malunty aThJ becle toth eornmitted Church members and ser4ants of a wcrfld th need. To fulfil our common Vis. SUIC is wakin9 al$è Naknnal Mcfftmènts. iiwring and eqUIppY effecbve rnini51ry. aThJ ¢realirvJ a Klngdcrflrne ciThmunity. b. The Scripthrn Unlon IAovemefrt Scrpture unl( worfthwtde cc•mwises nation and Movts - currenlly 127 in 114 countries. each with its own goveming Council or Commitlee. Each movement IS 8uloncfflous in its own right but has 8th)pted t ststement ol Aims. Bel and Wotking Princplas set in the AleS of Associin of the Scripture Union Inlernional Council. c. Grant4nakAw polici•s Grants are rn•Je by SUIC to Scripture Union Natirywl I*Mmerts n ¢xdw to fwther treir vth and in accordan¢fr with the ows ofthe charilable CINDny. Pa9e 2
SCRIPTURE UNION Ip¥fERNATIONAL COUNCIL (A company Ilm6ted by guardntee) DIRECTORS. REPORT ICONTINVED FOR THE YEAR ENDED 31 DECEMBER 2022 Objeclives aftd aclivltles Icontlnued d. Main a¢tivltles und¢nak•n to further the company purpogeg for the public benefft The diredors are Wdre the Chard$ CoMmissK.5 general guKlance on publK benefrt and. in particular, thg Specif guidance on ¢harthes for the advanCent of relig. This is laken inlo ¢SideratI %then revivoving SUIC'S aims and objectives in planning future a¢li¥ities. SUIC has. in their directors. view. met Ihe puts1 benefft requirement ty. supp)rting Nab)nal M0vwnts in thr acti"e$ providing ministy and goNEmance trainirs lo leaders vclunleers devdcping and sharing $our¢e$ pro¥vJing edLKiorhal bwfrt lo communilies in v8rityJs counlries making 9rants to Naticxwl COU115. through ther vhyk are helwry to enswe th future gewations tyll conlinue to know and devekp petsOn lat)nshiPS with Him prwdiry devek)pment loans to enabk Naticmal C¢)uKils ¢tinUe their prowdiro er9e fUndIr to N(wl cnlS in need becwse of poblK oreconc¥DK instsbiw wi the country. Wrth respect lo stralegic pnn1rJ. Ihe difectors decided to 0(9e the of SUIC within four focus areas. In summary. these cover the a8$ (rf fctstering cross commurmty collaratIon between NalvJnal ements. developing trusted parfnewshps with lthevminded agencies. and pr(¥noting suslain8bik.ty initiatives. Besvjes of these areas. administratson &KI goNEmance is ne&1gJ 05 SUPFKJrtirvJ slrtKIu. Achl•¥¢m•nts and perfomiance Page 3
SCRIPTURE vf4oN INTERNATIONAL COUNC (A cornpany Ilmlled by guarantee DIRECTORS. REPORT (CONTINUEDI FOR THE YEAR ENDEO 31 DECEMBER 2022 Achievements and perlonnance (¢ontin¥¢dl . Re¥lww ol athltlos folh)vA'ng paragraphs pro¥idè a summary d the Ch$ wrti)al acts¥e$ duriTrJ 2022 whKh was the first more norTnal year after Ihe Co¥Thl parthrt. tyE. even lts)ugh most countrs were slryty but steadi ¢¥)ening up again, scffie Nattsnal Counuls re sb"Il sumering severe repercus%ons of the pandemic dr still waiknn9 to be reryopened. Many N8tNin81 thncls requesbj lon9 awaited face lo face trainin9 gattrerings. Pollty and Chetsighl In 2022. GS)bal 803rd was able to get back to the reg in Per schedule again. e¥pn th)ugh the meetings were conducted as hybiid meelings. bringirKJ in Board mwntse that wwe not at4e to trwel. In March ar Odobei 2022 the Board mel face to fxe f¢x Ihree Consecuti éay5 exh lime. and in May. June. and November the Board held h14ay elecIf meetings. Duririg these meetirys. the Gh)bal 8oard received rePts on the crf ts Global Team and ma1?1 5itithns and re¥wl a wide range of strategic and governance issues. In Juty. a General Assembty to¢ plxe virtualty. SUI Extwet. V4er a yiod of four daya. allywing tine for Part1PatIon and communi¢ath)n frryn mernt¥ from drffer8nt kn'mè zcs affjund the wortd. The Gener81 Assembbl arted wth a INe event in t•J line 20nès. hosted by the Gthal Team who gab an update on their work in the pasl year. The agenda and wious d¢uments were uploaded to the Extranel in English. Spanish and French. PartKipants had the plunrtY to comment. respjnd to cLYnments c ask queslions Ihat vrtre answered by the Chair and the Glc4)al Trèasurer l¢)gelher InIeMateI Director. Votir¥J on nècessary governance mattets rAace dtttronicaty during the Gener81 Assembly. A new candidate for the Glow Brd w05 presented to the Global Assn with a cwiling hor Ircn January 2023. Varw)u$ new poltiè8 were discussed and approved by the Board.. other pd¢ies re fevwed. A num1 of Board working groups were Set up to prepar¢ Strateg Board conversations around fund development and risk management. The Global Board eWed on perfomiance rylh &xouragirKJ SU115 as good Fyogress had been made in rynparison to the b$1 self.as5essmenl. The 8oarO I5$sed the ilems Ihat ccwld be Mnproved arKI t( lime to plan for future 8oafd de¥ek)efit. Str•tegi¢ Development As travel possbifrfies opened up again. Glthal Team membets. Communty Grp$ National Councils inded a desire to connecl. receive vrsils and training's al Ixe io IKe meeling$. The Intematffia1 Director mel Gk)al Team members. NatKinal Movement Imlers, ar#J donors in 8ntain, USA, Switzerfand, and Gefmany. ' Individual Meetings wth slaff members. mwiisty partners and supPterS were hekl ¥irtualty addition to extensive ccfnmunicalion by emaL The InlematKxBI Direuor held "frffjuent" Niriiial rrieeting5 ¥ilh-U" Gk)baI-Tel-10-w0Ik-61l8tegle8-8nd resources for the strategic Prim areas agreed by ts Glctsl Board. but also for Feer4eaming and peer- support. A first fa to fe team rneeliTrJ tr( pl8ce in Odober 2022 and was hb3hty appreci8led by all team members. Htrwever. an eValUth" of the past three years (the last full Gknbal Team meet9 before Covid lo)k place in Odober 2019) stsyApJ lh the team Iwl been able to cclkabDrate ellecb'4Y even In a virtual envlronmenl. Ministry FolkMiin9 ¢)n frcth a dKision of the Global Board. in 2022 Ihe Glcthl Team kept focusing on Chikl Protection and SAleyuardiThJ training lor Natn Councils and supwtng them in adopting a ktalised Child Proteclion Policy. The SU Intemational Chikl Protectitin Polty is the Global Board's recommerhlation for Minimum slandaids for Child Proteclion in all SU MoVnentS around Ihe wortJ. These Chihj Prole¢l)n Guidelines refie¢t SU'S Wothing prilples, 1¢h 51ate that We aim lo express God's Go(NJ lo chilJren .... not only in words bul by building ¢arrw Idal)nshIpS wrth I1. and .. '¥rt ha¥• a speual re4)Onslty fc thildren...tti are... exploited. lexcerpt frcrfn SUI'S Chikl Proleclion Pcyj. Thè SUI Chikl ProtedJn fctuses on kwin9 ew child. yours or
SCRIPTURE UNION INTERNATIONAL COUNCIL (A cofflp•ny Iwnil¢d by guar4nleel DIRECTORS. REPORT ICONTIMUEO FOR THE YEAR ENDED 31 DECEMBER 2022 Achlovements and perfornmnce Iconllnuedl vulnerable person within SU ministries safe and that il kr#yw Itol their honr. dignty. and care are of ulmosl importance lo SU. A Sufvey wa$ done to measure and Irack the effecliveTSS of the trainiNJ. SUI has iden11f 106 National Movements Ihat would benefrt frni trwning. 84% of t have already gone t1U9h the IrainirKJ with more Ihan 300 iTrdivfvauals. Over 75% of them have akeady inlegraleo the trainir¥J mcéules into their ¢)wn stsff and volunteers training (up from aboLrt 11YA).'hJso. recruitment screening and disclosure prcrtesses have been sel up localty. The global Bble Engagement inilialTht was laken irkn the next wr4ect phase. In MarchlApril 2022. 8 virtual gbbal Bible Erwemenl consullan was eld ¥Iti than 1 participants fiom aftyjnd the wortd - an aMing c¢mmitmertt as due to time ZLV chlerys. a gocAJ number ¢f parficipants had to be present in the mKldle of the night. Chall2Th3ing key Mtes by extemal speakers shaped the conversath3ns in groups Ihat met in six interesl grp$. e.9. Bible En94ement in Ihe famity. the di9ital thrdd. or the public square elc. The outccthes of the cort5ul1atTh were 4JocLrnented in a Consullan Report thai VAS sent to the Nalional cnCil$ for further conversalicns Ihat have sirKe been pthed up al bath kxal and regicffjal level. Cthmmunity Groups discussed Ihe port and tyJentifd practical next steps includiro )witers' workshops" that will be facilitaled by Scrwure Union Internali?nal in 2023 and 21r24. The Minislry Specialist for ChthJn Famils c¢ntviued to erKJ¥de wrtualty vfflth glcl)al parfnets in the areas of sport$ minislry, lamily ministry and general chihyren's mThiisty. New and content for family miniw have been developed and piesenled to NatK)nal Councils. The war in Ukraine and the many refugee fleS 11 eing to ELYcpean CotrieS trwJgered the devekpmenl of a small SOurCe to SUPFOrt and encwrage chihjren on the move. 50.000 cops were printed arKI dislrtjuted through Nalional Councils. mainty m Eastern Europe. SwrfzertaTh1. arA1 Gumany. tArt aL80 in Ukr8ine. ComrnuThty During 2022. Iv8 Community Grtyjp meelirys trnk place. s(Yn• of thém fin• fac• to fac• after a Covbl. break of Ihree years. The Inlemational Dect¢X PartA?patéd in ten ol them to cert)nect key leaders. to vnderstand tr needs ol the Nats"onal Movements. present resources lh• have been devekjped by the Global Team, and to discuss Ivture plans. IndildUat Board members CY Gk>al Team membors [e also present al the Communty Group meetin Ministry related webinars, and Crrfnmunity Gryj related vwtud evenls brwm logether le•aers. staff and Volunteers fr many National Movements for collabora11c and sharirYJ. The. Fieba Develcpmenl Directors created the space for directors to arn fn)m tsr peer5. pray eath clher aTrJ SUPFQrt each Lrther in prdctical ways Iikn sharir•3 reswrces or wwvJ19 equwtrj movffngnts Tthh matsrol $POrt. The Global Week of Prayv in November was launc10 vMh a global praypr ghering aTrJ ended a 24PKXtr prayer 8vent in 1th 48 NKwI IMments playe(I acti rde aryj aboth 1CrfXI ¥KliYduals participated. Two mcmlhty publications. the Global Prayer News and the Gbbal Ne4•S. are produced cffj a regular basig 10 connect National Councifs in Pla and inforn the intwested public abrt the work l)w'ng done around the worpj. Susl8in8thfvty The Field Devek¥nent Direct¢)fS wilh National Movemènts to help Ihèm set strategic goals and dévélcp their mini5ty ¢wity and susfainabilty. A lol of work was dwected t(Mard developing slrategies for a posl- pandem¢c The French tranststw of an fft4leplh onhne on fvTrJraBwwJ d caty building in c(4tabor•tKin wth a partner or9an1sath from the USA. was rdled cxjl arKI well recei¥e(I by the participants are m(xe confident in communicating with donors and kcal lunds. The same program %%ws njn in Europe 1h special viw w Eastem Eurcyean p)unln"e5. P¥5
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company Ilmlt•d by guarantee) DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Achlevements and perfomMnc• Icontlnu•d). The International 01ClOr. in consultskn.cfi with key staff ui the different parts of the identffied worthwhile projecls work1wde made them to potMtial dIor$. Grfts e given tr these projects from donors or N81ional Councils. both lo SUIC and directty lo relevant Nats"onal Couneils. Onty gifts recei14ed by Ihe SU Inlernalional CourKil are reflected in rts fin8ncial statemenls. These gifts were pkeed in Restricted ReseNes and 9ranls were then made at the appropiiate times to the relevant recipients in accordance bwth the donors. in$lructions. Since 2020 the Gknbal Team has been wthlng wtti NatKIMI Councls in mLYe vulnerable circumstances on developing a project methoddf)3y. The 8ppiDach of donors towwds gNin9 and supporting minislrieg has changed over the last couple of years. Rather than givin9 UncCidrtk3lty and b)ng-temi towards a certain ministry. donors are askirK4 for specific prc4ecl descriptp)ns. Hthlever. some National Movements are quite inexpèrienced In such a kind of proj.ect aFpb"caliorts. The Gk)bal Team hes crea¢ed and ddivered training 10 help Ihem grow in this area. This wll te an on9 pri¢yityfor the ccrning lea. Partn&rship SUIC has a policy of developing trusted partnerships 1th ther fike-minded agen8$ aThl identifd this as one of rts slralegic action areas. The International Direclor. as Ihe Vtce Chair ol Ffflim of &1? AgerKies Intemiong1 (FOBAI). led a session at their annual gatherirrfJ to receNe woval by the CEtrs of partner organt5ions for a F08AI strategy that is seeking lo irKlude Global Vc4ces in FOBAI. The CEO'S approved ts strategy which ill be implemented over the ¢oming rnonths. The Intemional Director parbciped in a fxfrttrlace mgeting i1h inlernatKfflal cryaniL7tions in children an¢J youth ministry facilitaled by Ihe Workj Evangdical A8.$ yoirth department New e)rkS were created. and cooperation oppytunth'es expltyed. Adminis¢ratiorVGOvemae lincl. Cc#nMunallonS> The Intemational Director wothed 1th the UK team to fvrther Impro ¥#J administratK)n system$. A key fc¢us was the implementalion of IT syslems that are enhancin9 collaboration of the global team members. SUIC continued lo develop social medra presence and devekyfrJ a monthty ne4vsletter. sh¥ing infoffnalion and stories of the work frcffi around the vKrfhJ The Global Board ha$ respmsibifty foi rw¢ing salary KI salary stnJdur¢s. Proposed changes were récommended by th• Intèrnational Diréctor to thé Glcljal Bo b•sed on bènchmathing salaries against other relevant rnis5n a9les. The annual levels of key management vMe approved by the Global Board. The sries were adjusted to ¢vrrent standarils. Financial rnvi•w a. Golng concem After makg appropriate enquiries. th• DWeet have a reaSonae 8xpectats.on that the Comp8ny has 8dequsle resources to continue in operational èxistence for Ihe foreseeabltt ftrture. For this reason. they ¢tinUe lo adopt the wrig con¢em basi5 in preparing the firwnck41 statements. Further details Ording the a¢Joptw of the goin9 concern basis can be fourthj in Ihe accountirq poles. Page 6
SCRIPTURE UNION INTERNATIONAL COUNCIL (A eompany Ilmlted by guararrtee DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 b. Re5v¥es poIi¢y The Llirectus have es¢ththed a policy to hold a vel of general unrestri¢led res¢rve8 (excluding designoted funds} * o balance in the range 25% to 5Wty of annual operat1 costs. in ordèr to alk for charoes in expected cash flow pattems and to be able lo meel operatnal cost5 for pericls associated wkh emplosee redundancy provistyjns. This is an aMUO1 basts. The level of general unrestr¢cled reserves at 31 DKember 2022 at £482.1% {2021: £483.7241, lch equ8les lo around 69% cl tc4al general èxperKliturÈ for 2022. The Ie1 of reser is therefore deemed 581isfactory. Some unrnslrided furKl$ ha been desi3nated for purposes as $6t out in ncle 14. A nurnb¢r of desrgnaled funds have become redundant as reStrle wogresses. so these there transferred to General Funds * year en(L e. Invéstments Wlcy The directors maFrfain a balarKirvJ retums on fvnds invested and an acCeptableVel ol risk. In 2ry22 the directors re¥wd Iher global b8rA(ing Further 1justmenis be made in 2023 and monitored on an on90in9 basis. d. Prin¢lpal rf$ks un¢ertalntl¢s The DireGtors have entleJ lh2 severity of Ihe risks lo knthich the chanty is potentially èxpos. They have 81s0 con$tdèred thè likdihrtd of those risks. The steps tsken to mitvjate thosè risks have been assessed in light of both the severty aTh11Tri cl each rtsk. Risks have been summarised into appropriate categories covering the Pri1PaI areas of govemance. opwIc4. fmncial. extemal. ar•J regulory rk. The Global Board risk register has been rewithd al each netiry of the Gkthl 8oard Miltire acllons aged. e. Flnanc• Unreslrfcted inccming resoLYces for Ihe rnntsd tt> £693.84512021.. £588.2761 gf which £459,876(221. £469.8101 came from Nalirxhal and RegrtaI Councils. The Inlematicvl COU11 invrtes voluntary contnbutions from the varKJus movement cfAwlIS to finance its actmties in Ine with le d iheir operats.ons in FCPOrtion lo the VKJdthMde aCtsVit of the nvyrtnent. These are laken up as inc(The at the.time of the Commitm1 frtyn the nalMJn81 rnoent. Unrestricted arKI uTr#eSnatsd Èynditurè lor the year alfiled to £699.138 {221.. £530.1411 malnty tor salaries. related costs and tra¥EI. This a150 rKkKles grants of £184.951 {2021: £182.387) vthtch were made to National.Councils.- D•snated expenditufe lor the year an¢)unled io £NI (2021. £1.130)whrh was in relalyjn to Ihe development of Mcuefflents wcwnd the ryhJ. ReStted incomin9 rescwrces amtyJnted to £275.347 12Iy21.' £339,) WKI $trted expeThJiture £373.813 (2021. £267.9081. Totsl fund balances ai 31 Oecember 2022 were £1.630.97612021. £1.726.794). unfestrKled funds staTrJing at £482.1 12021." £483.7241. designated funds at £248.783 (2021.. £244,608) and rt5tricted lunds at £899.996 12021.. £998.4621. Page T
SCRIPTURE iloN INTERMATIONAL COUNCIL IA company limited by guarante•) DIRECTORS. REPORT (coKllNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Structurn. govemance and management a. Constilu¢ion scriptu UnKJn Intemal#)nal cou• ISUIC) is registered as a chwitat48 (¥mp8ny lfflrt•J by guarant89 undér company wistfalicffi numb•r 3678243 and sèt up by a Memortndwn of As$c¢i10Th on 3rd December 1998. SUIC B also régi5twed as a ¢harity ith Charilies C(xnmi5sI for England & W$ under registratn nurnber 1072W. b. Methods of appokth•nt or 018Ctlon of Dlr•ctorn The management of Ihe Company is the reSPY1b1ty of the DirKtsxs who are el•Xed and cowled under the temis of the meMoralUm ofAssOcob. The Dwectors and In for the purposes cl charity Ivaf fcym a Gkthl Board, havry been appoirted by the General Assernb. Mertiers of the Gener81 Asswnbty c¢mprise: a Chair- an Honorary Treasurer. an IntemationJ Oireci(Y, and exrfw the ¢hair, or in hB or her absence the person enti to èxercise thè func1Kx of the chair Ivthich may ir¢ltsJe the national or most senh)r executi dIrr>. cf in his or her absence Ihe person duty appointed to the salisfaclix d the Global 8oar(I to fepresenl Ihe fwctM)n of th8 chair, of each Nal?na MovemenL The Global Board shall number no mrKe than eleThi Direct$ WAK) compme: ex-officio the Chair. ex¢10 the Honorary Treasurer. eXe10 the Inlemalicrf)al Drectw. up to six Directors elected." and up to Dweetors ctsopled. The names of Global Bcard are li8led on the reference and admini5tralp4e information p4e.The Global Board maroge tre affairs of the Gerwal Assembly lyjt must refer au matters of major pjlity lo the memters ol., the General Assembty. which ill meet every ar eilher in person or Via an meptiry. c. Pollcies adopled for the InduclloD and tralning of Diffecloffs New Offect¢YS urthjergo an orientation to brief them on their legal (knlhjalions under cha. and cc#rpany kqw, the conlenl of the Memofandum and ArtKles of AswG13n. the CAJmmfftee arKI decisiorkIng pr¢xes5es. the strategie plan and retenl fift¢1•1 performarKe of SUIC. Ounng ts iNJuction they meet key empbgyees and othèr Directors. Directors are encouraged to attend woprie extemal tranwo events wthere wil facffjt8te the undertaking ol their role. DunTr3 2022 some directors atténd wi1 or to laca mè8ts.ngs d the 9n81 Ccxnmunty Groups to gain ¥ a greater undelanding of the UeS faced in provbjing minislry in different ccyjntries KI to share thelr expert experienee wtsre 8ppropr*.
SCRIPTURE UNION IpifERNAnOI4AL COUNCIL (A company Ilmlted by gU•fantttl DIRECTORS. REPORT {CONTINVED) FOR THE YEAR ENDED 31 DECEMBER 2022 Structure. 9ovemance and manag¢m•nt (¢ontlnu•d) d. Ral paty rd•ik>nships TransaclTr)n$ with SU Movements haNp not bew treated as rdaled parties. The Company has not entered into any other related paty transactions during ts yew. n(ff are the aiy $tandj Wances owng bets¥een relaled parties at tr£ baLqncè slet date. Plans lor futufe perlods The chwrtable company plans lo continue Ihe acli¥ities tIlled above in the forth¢cqning year5 subject lo salisfactory fundiry afrangements. In additKm lo tr1. a couple further plans are t¢in9 devel¢)ped. Ministry As part of the SUIC strats9y, tho Glca Team wll prowde further trainifWJ on Chitd Safety and Welbeing for National IAwements and with the strcalled voluftleer"advcteS' to ensure thal thild FXQtedion training for lsxal staff and volunteers will b8 implemented and the fcess•ry meawres be put in rkn. The next phase of the 8ibte Erygement Initolive be a curated hub for sharing relèvant Bible Enwefflent resour¢es arnong NatiLThls Counals worftshcys to cree rw resovrces. including digrtal ones. Communty Ongoing training de¥elowiert 711 take e during 2023 in wional grtyJpings. Thesè Ctsnmunity Groups, based arourKI those movements wth c(MMolity. 9atrr to dwjss tssues of strategi¢ importance in relan to thar ministry and organisath?nal develcpnent wrth the purpose of develcsyrKJ mintstry effecliven¢s$. community. improved sustainability. and partrwship cdl¢ffalMIn. Sustainability SUIC wll ilh vulnerable movements deveknping furnjrasing strategies for b)cal fundraisiThJ. A kèy foeu$ wil be Ihe proiecl metlYJddc4Jy tranirp tn order to enable Naticfial KS)vements lo fiThJ suitabk exlemal suppcrt. We ill also be ftKus more on lo inclthle Creatiw Care * all le¥els of Qui wth. Partnership SUIC wll streiWhen partnwship thith Churches and Olr mission a9en¢ies in tyder lo erkib vulnerable movemenls lo bfft Irom gkal c¢nnEdigns. Administratic and Governance SUIC wll enhartce rt$ IT toots in tyder lo bdler ser¥Kes to tr National Mtrrfements. The Global Board is planning to TArrfk C W theolrw41 and ethKal wues ihal ore impxting the wh chihjren and y(NJry peo. Members Ilabillty - The Membets of the C(xnpany guarantee lo CtrIJ(e an amnI n¢1. ex¢eeding £10 to tho assets of the Cc*npary in thé thnt ol ndIng up. Page 9
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company limiled by guaTrntee) DIRECTORS. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Slatement of Directois. rnspMsibilili95 The Diredors (vtho are also directots of the Crynpany for the purp(ws ol company lawl are resF4)nsible preparin9 the Directors. rep)rt and the financ1 statemènts in cordance ith applrable taw and Unled Kingdom Accounting starards {Unrted KirYJ¢S)m Generaty Accepled Accounb"ng Prle). Company law requires Ihe Oirectrxs lo prepare financial stslements f(Y each ffinancial . UThYer cornpany 18W. the Directors rnust mt approve finanoal stentS unless Ihey are satisfied Ihal they 9Ne a true and fair view of the stale of allairs of the Company aNJ of its inGomirKJ Trs¢urtes ar applicatNJn of resour. including rts incorne and expwNdIlu, for that pericrtj. In preparirwj these finartial slatwnents, the Diw&tors are required lo.. obseThe the methods and principles (rf the Charitres SORP IFRS 102>.. make judgments and accounting estimates Ihat are SOnable and prLKlent" state wwher appluble UK Aec(yJntirg Standards IFRS 102) have been foy•Kd. S4eCt to any material departures disclosed and eyplairted in the fInar£I statements: prepare the financrAI statements gcirg Concern basis urless l is ir¥•ropiiale lo presumo that thè Ccthpany will continue in business. The Direclors are responsible ts keepiTh3 •Jequale acccwnling record5 Ihal are sufvent to sv and expfain the Companls transact5 aTKI disclose vthh reasonable xcuracy al any time the finarKial position of the Company and enabfe them lo ensure that the financial slatemenls compfy 44ilh the Companies Act 2006. They are also respM51b for safeguarding the assets of the Compary and for taking reasonab steps for the prevenlion and tra1 and other IegUl11¥. Disclosurn of Inf¢)rnMllon to auditors Each d the persons who a Direclcvs at the lffne yen this Directcrfs. repcrft ts approd has ¢CfimÉd that.. so far as that Director is aware."there is no relev audit infmtion of which the charivs auditors aTe' unawa, arKI that Diredor has tak all the steps Ihat oughl to have been tsken as a Oirector in order lo be aware of any relevant audrt In11 and io estsNish that Ihe choritls aLbYilws are aware of that wiformation." Audltors The auditor5. UHY Hacker Young Fh Limited, have Katrj their TAillwness ta ronlinue in Offe. The deSnated t)ire¢t¢KS 7AiII prop)se a molicm reappointirJ the a15 al a neliNJ af the Diwti)r¥. ..Appr.o%d.by_OTder of the mwnbers of the trf)8 of Di¢1 cffi 3 JY 2023 ' ed on ttir behaff by. Dr Chrlstlan Hellw Chaimwn Dr Maryaret Kanikl Siwale Direetc P4e 10
SCRIPTURE UNION INTERNATIONAL COLINCIL IA company Ilmlted by guarnnlee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCRIPTURE UNION INTERNATIONAL COUNCIL Oplnlon We have audrted the fmancial sLements af S¢ripiure Union Intem1 Jn¢1 lthe '¢haritable company'l for Ihe year ended 31 Decemter 2022 comprise the Statement Df financial actitIes, the 8alance sheet. Ihg Statement of eash and the related notes. Irbjdlng a summary of san1T¥r1I aounting policies. The financial reporting framewrrk that has been applied in thr prÉparatK>n is applieable and Unitèd Kingdom Accountin9 Standards. including Finan¢01 Reportlng Standard 102 The Financial Rep¢)rtin9 Standard applicable in the UK and RewblK of Ireland. Iunited l<ingkni GeneratyAcwtwJ Accounttng Prxtycel. In Qur opinion th¢ fin8nci81 slatemerts". give a irue And fair Miew of the state of the ¢harilable c¢)mpan¥s affairs as al 31 December 2022 and of its incomin9 resources and applts.0n of res¢yJrces, includirvJ inecrfne al expenditurè ftsr thè year then ended., have been prcpty prepared in acoydarKe with United Kingdom Generally Accepted AccountiThJ Pradice: and hav• beèn prepared in a¢e¢rdarte ith requirwnwts of Charit A¢1 2011. Bas for oplnion We conducted our audll In accordance ¥Alh Intemthnal Standards on Auditin9 (UK) (ISAS (UK)) and applicable law. Our responsibiThtie$ under those $tsndards are furtlw described in the Auditcrt, responsibilit5 for the audrt of the financial statements Se¢th of our feporL We we independent of the charitable company in 8ceordanc6 with the elhical qUIrementS that are relevant lo our aud(( of the fin¢1&1 ststements in the United Kingdcrfn, including Ihe Financial Reporting Cownof$ Etrmcal Standard. and Vle have fulfilled our other ethical responsibilities in accordance with thtse requiremenls. We belw that the audit 2vidence we have obtained 15 suffrient and appropriate to pro4ide a basig fty ow op411c. Conclu$lons relatlng lo golng concern In au¢Jiting Ihe financ statemenls. we have D)nclLthd that the Th'rectors, use of Ihe gotng nCern basis of accounling in the WeParati of the financial ststements is apprcyiate. Based on the wwk have perfomied. have nol Tdentrfied any material urertainl1es rdatin9 to evenl$ or coTrJitions that, Individual or collectity. may cast Sh3nrfunt doubt on thè tharitable ¢ompans abilty to continue as 8 going coreM for a peri)d of at least twefve months from when the financh ststements are authorised for issue. Our responsibi&ties the re$KAs1mieS of the Diredots ith respect to 90irJ e¢)ncern are de$cribed in the relevant se¢lio)$ of this rewl. Othef inforrnation The other information compr6es the irtsmation irKlud&d in tr knnu81 rewrt than the lInClaI statements 8nd our Auditors. report therttn. Directors are reSp0nsth for the other irtfomialion contained wiihin the Annual reF4)rL Our opinion on the finanaal stslements does not eover the other inlomi8lion and, ex¢epl lo the ¢xtenl olhemse explKitty staled in our rel. we do express any lo.0f assurance conclusion Ihereon. Our ie$ponsibilty is to read Ihe olher yilomaan and, in doing so. conspjer whether the other informatron 1$ materially inconsistent ith the finanei81 ststements or our knledge ctJt•ned in the ctyjrse cl the audit, or otheise appears to be malerialty misstated. If we wjenlify such rnalen inconsisteneies or apparent material misslatemenls. we are required to determine whellw thi5 gives rise lo a rnaterial mis$latemenl in the financial statement5 thernsefves. If, based on the we have perforrr*d. we c(clude that there is a malefial misslatement of this olher lnf¢ymali. are required to rwt tPAt fa¢t. We have nolhiry Ip report n thr¥ regard. Pw11
SCRIPTURE UNION IFERNATIONAL COUNCIL IA company limit by guarnnte•) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCRIPTURE UNION INTERNATIONAL COUNCIL (CONTINUED) Mattern on whlch we ave r•qulved to report by exeepthn We have nolhirwj to in res of the frAltring matters there the chare$ {AccountS and Reports) Regulations 2c8 requires us lo report to you rf. in OnIon.. the infom)ati(Jn gi¥w) n the OTr¢3. report is WKonS1ent in any maen'al respect the financial sternenl$; ( sufficient accountiry rec¢Yds have not been kept.. or the financHI s18tements are r#X in agement wth the acc>)wtiTrJ reccKds and retums. or we ho r1 received all the Irnall0n arKI expJaneti¢Th require our audi¢. Rogponslbllltles of dlr•clo As explwned morg fulty in the Oreckns. responwbifrt $t4tement. the Dirg¢ttys {who are 0150 the difecters of the eharitable company for thè purptsses of company Lqw) are re¥thsknlè for thè preparation of the financi81 statements and for being satisfied th they give a and fair vw. and lor Such intemal c4)ntrol as the Oiieclors delermine 1$ nKes5ary to enthe the preparati¢)n of finarKral stements that Ore free from material misstatemènt. whothèr due to fraud ty error. In preparing the financial statemenls. thè Directors are responsib for assessing the ehwitable ccnpanYs ability to continue as a going eoncem, di8eh)sing. as applicable. matters reked to going concem and using the going concern basis of countIng unless the Dtrectots either intend to IK4Uhlate the ¢hwitab ecmipany or to cease operations. or have rvj realist allematNE but to dg so. PwJe 12
SCRIPTURE UNION INTERNATIONAL COUNCIL IA ¢¢mpany Ismiled by guarnntee) INDEPENDENT AUDITORS. REPORT TO ThE MEMBERS OF SCAIPTVRE UMON INTE14NATIONAL COUNCIL ICONTINUEDI Audilots, rnsponslbrfilies forth• audbt of th• fInla1 Wè have beèn appointed as awjitor uTrJer seclron 145 of the Charibes kl 2011 and reFQrt in accwdance wih the Act and ielevant regUlatiS made havi effect trreunder. Our leaVe5 are to obtsin reas¢y assuran aly)ut thether the fina1 slments as a tthole are free from material misstatement, whether due to fraLKI or error. and lo issue an Audit. iewt that incIe5 our opinh. ReasOnae assuTarKe is a hryh level of assuran. but is nol a guarantee Ihat an audit widucled in a¢coTdanee with ISAS IUK) vill thays detert a matenal mi$slatemwrt when it exists. Misslatements con ar from traud or error and are consJered matwial if, irm11)UaIty off in Ihe aggregate. they couhj reasonably be expected lo infiuerKe the eccYwI decis)n$ cl users taken w the l)asF ol these financigl statements. Irregularities. indIng frwd. we instance5 of Th)n-c1a ith Izw5 regu10S. We design prwedures in with our responsibile$. jIlin&j above. to detecl malerial mls5tmts in re5ped of iThegulariltes. including fraud. The eent lo which r PrdureS are capable of deteth.ng irreguL•rrts. including fraud 1$ detailed below. Our approach to Idtrn9 and assessin9 the risks of material misslatement in respecl of irwulariis. induding fraud and rrfJrtruThpli8nce ith I jrair. was as fdItr. The engagement pafther ensured lh engagement leam cclectfvely had ts 4)propriate competence. capatxlilies and skilFs to or feccgnise non<omF&'ance aF1c18 Laws and regulations. As part of the audit wi acc(Kdance ISAS (UK) ¥%E exercMI WofesSnal jLKlgment and Maintsed professional skepticM throughout the audil. We wjen11frf the and fEgulatws applicab lo the c(Knpany Ihrough discussi(Jrts wlh directors and other managemert and c¢ynmercial kn arnl experience of the s10[ atKI we focused on specfft la4s and latIonS which we consrdered may have a di1 material effect on the fin8ncial slatements or Ihe cperalims of the company, Ir£Ir) the Ccmpanies Act 20C6 and UK Charilies Act. We assessed Ihe susceptitAfity of the r£rfnpans Tral3[ slalements to material misslatement. including obtaining an urtandIa of hN fraud might occur. ty makin9 enquiries of management as to where they conSided there was susceptrfoilty to fraud. fvir kfige of adual. SUSFecled and alleged fraud and consklering Ihe inlemal ¢trOlS in pe to milpaale iisks of fraud ar¥J n(y)<L)ntthance wlh and regulat5. We cJtsined an unJerstsndin9 of ntem81 contrcts relev8nl to the audrt in 0er to deson 8udrt procedures that were appropriate in the Circumstan for the PU of expressing an opInn of the effectiveness of Ihe Companls intemal contrcls. To a&lress the risk of fra thr(wh man•3anenl bia¥ and OVWKle of contrds, * perfomkd aftafytical procedures to idenlrfy any unusual OT unexpected relanshts. lesied journal entn.es to identify unusual transa¢tion5.' evaluated t appr(fJrwteness of xcwnting wlrres used, including MageMents. use of Ihe gthng concern basis of a¢¢ounting. arKI the reasonabkness of accounting eslimaies and related disckjsures m7Je ty manwenl: arKI in$ted the behiThJ sp3nifurt or unusual trartsactrfy. In resp)nse to the risk of iffegularitios and n¢)n<(mplianee with l•ws and reguWi¢wts. we desigrEd procedures which included but not limitèd to agreè9 financial staièment do¢Josuos lo undert.n9 supporting documentation., readiThJ Ihe Minutes of meetirys of Ihose cP&4rged 1h governance.. and enquiring of management as to xtuol polerrtial and ctsins. BecSe of the InhenI matIOnS of an audit. there ts a risk Ihat we will noi detect all ryularrties. including thtsse leading to a maierk41 misstatement in the financial statemenis or rKMFcomF1nce wlh regulation. This risk increases the rnore that cwipliance vAih a or regulat is remov from Ihe events and trensact)ns reled in the firancial stalemenls. as wdl be less likely to beccrtne Wdre of instances cl non-CCknFI0n¢e. The risk is also greater re9ardin9 wwularities due to frdud ralhw than wrc. as fraud involves intentional ccrteaknenl, lorgery. ccAIusK)n. cMnLSS)n or misreposerttion. A fvrtr desUipb. of oui responsibdibes for the audrt of the finala1 statements is located ¢)n the Financial Repcrting Counofs website * ¥•AV.ffc.or .uk1oIrxS sftihtr'es. This description pal of Ouf Auditors. report. Pw3e 13
SCRIPTURE UNI¢X INTERNATIONAL COUNCIL IA Company lknlt•d by guarnnle•l INDEPENOÉNT AUDITORS. REPORT TO THE MEMBERS OF SCRIPTURE VNIOM INTERNATIONAL COUNCIL ICONTINUEDI Usé of our report This report Is made sdety lo" the charitable companls trustees, as a W. in accordance wli h Part 4 of thè Charkies (Accounts and Rewrts} Regulatwms 2008. Our audil has teen undertaken so that we mi¢Jht stale lo ¢hariia)le companls twstees th¢)se matters aTe wequired lo stale lo t1 in an Audrtus. report and (or no other puoose. To the fullest extent P8rnitted by law. we do not accept cy assume resp)nsibility to onyona other than the charilable ccffipany and its memters. as a bL¥*. for alit vfiyk. this report. OT for the Opinio ha¥p lrymed. Mkhael Fllch (Senlor St•iu¢ory Aydllor) for and behall of UHY Hacker Young Flcth Llmii8d Statutory Audrtots & Chartered A¢¢outhts 27-29 Gordon Street Bètfsst BT1 2LG 3 July 2023 UHY Hacker Ywng Fth LimiteAJ we eligible lo as aM1itors in tern ol seelim 1212 of the Crffj)anies Act Pwje 14
SCRIPTURE UNION INTERNAnoNAL COUPKIL (A wnpany Ilmll•d by 9Uarnnlp STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENOITURE ACCOUMT) FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestricted Restricted funds funds 2022 Total lunds 2022 Tolal In¢om• from: Don*ions and legacies Olhef incc¥ne 690.694 3.151 275,347 ,041 3,151 927,272 69 Total Incorne 693.845 275.347 9,192 927.341 Expendliure on: Charitable 8£tiwlies 699,138 373.813 1.072.951 799, 179 Total expendlture 699.130 373.813 1.072.9S1 799, 179 mov•Mt In funds lOrn other cognlsed galn¥l(losws 15293) 198.466) (103.759> 128. 162 Othef recognlsed galnsl{lossés): Other gairtsl(knsses) 7,941 7.941 (53,993) Net mov•m•nt In funds (91,4661 195.8181 74,769 Reconclllatlon of funds: TOL funds brought fopxard Net mo¥émènt in funds n8.332 998.462 19BA66) 1.726.794 {95.818 1,652.625 74, 169 Total funds carried fornard 730.980 1,630,976 1, 726, 794 Statement of financial acbvitss vKkKJes all gains and h)sses ffec(gnised ui Ihe year. The notes on pages 19 to f¢xm part cl these fin8rKial staiemerts. P•3e 15
SCRIPTURE UNION INTERNATIONAL COUNCIL (A eompaDy Ilrnlted by guarantee) REGISTERED NUMBER: 03678243 BALANCE SHEET AS AT 31 DECEMBER 2022 22 2021 Flxed ass Currefit assets OebtcAs Cash * bank and in hond 10 159.S07 1,548J28 131.681 1.67&074 1.707.835 1.806.755 Credors: amounts falliNJ ¢kn ithin year 11 6.860) (79,961) Net current assets 1,630.975 1.726,794 Tolal as8•ts less ¢urr•nt li•b5111i 1.630.975 1. 726.794 a$ts •xeluding pension ass 1.630.976 1.726,794 Totsl nel 1.630.975 1. 726, 794 Charlty funds Restricted funds Unrestricted funds 13 899.996 998.462 D&sn#td funds Ggnèr fund$ 13 13 244.f 483.724 482.196 TLI unfestrd funds 13 730.979 728.332 Totsl funds 1,630,975 1. 726. 794 The enttywas entitled to exemplKn frcth a111 under seclw 477 Ih? C(mponips Act 2006. . TheJnembefS.have.not.required.the.entity_to_obtsin an_ajlt for the in quÈsts"C>n vi cortsrteè wrth wction 476 of the Comwies Ac¢ 2CpJ6. Htrè¥ér, an a11 is réquiréd in aecowdarte section 145 of the Chaiilies Act 2011. The Directw ackn¢xledge fvir SpOns'1es for comkry"ng wrth the requirrnl$ of the A¢t wilh respect to accounling records and preparn11( (l financ&al $tatements. The finartial statements have ten.wep•red cordance tAilh the pThisi¢Ms appkable to enlilies subject to the small cLpanieS fegime. The finartial slatements t•there appro*1 and aUltr#V fry is5 by the Directors on 03 Juty 2023 and signed their behaN ty. Page 16
SCRIPTURE UNION INTERNATIONAL COUNCIL IA comp•ny limited by guaTrntse) BALANCE SHEET IGONTINUEDI AS AT 31 DECEMBER 2022 Dr Chrisilan Hellwi9 Chairman Dr hiaryaret Kaniki Siwale Director The notes on pages 19 10 32 form part ofllw fvwKial statements. Page 17
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company limited by 9ur4nl•el STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 Cash flo from operating acti¥itie5 Net cash used in operatir8 aclivibes 1142.8S2) 91.435 Cash flows from investing activStl DivideThds. irtefests and rents fr7 invesknents 3.151 Net ¢a$h provbded by invesiing activilies 3.151 Cash ftows frorn finandng aclivkns Net cash prrVId by flnanclng a¢tl¥itles Chang• ln cash and eash •quivaknts in thé year Cash and cash equi¥4ont5 * the beginiThJ of 1139.7011 1.688.029 91,504 1.596.525 Cash and cash equivalents ai the end of the year 1.548.328 1.688.029 The notes on pages 19 to 32 flym part of Ihese fnar¢*l slatery p18
scRIPTIlE UNION INTERNATIONAL COUNCIL (A company limiled by guaranto0} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 General Infornullon S¢r¥)ture Unh)n Inlernatthal Council is a fegisterej thaiitable cpanY Iwnrted by guarantee under company registration number 3678243. The companV$ wistered Olf is siluat•d at 13 Wareh•n Road. Lyt¢hgtt Matra4ws. P¢)01g. Engknd. BH16 6FA. The chari18t ccthpatys main clecti5 are lo suprx)rt the of Seryiure Union IhrcAbJhoul the Ir1d in ils aims of advanarffj the Christian tsilh. A¢countlng policjes 2.1 84s1s of preparion of financial SLltèments Th• f•nancAI sements havè be pr¥wed in acc48 ilh the Charitigs SORP IFRS 102) - AcCour"n9 and Reporting by Chariti"e5'. Statemenl of Recommended Prtice a1Cth to charities preparing Iheir accounts ui aceordartrce wrth Finartial Repcrting Stsndard appluble in the UK and Republt of Irelarul IFRS 1021 {effeclThp 1 January 20191. the Financial RertIrvj Stsndard 8FpIK8ble thè UK aTrJ Republt of kd•nd IFRS 102) th• C(¥npaniés A¢t 20(ffj. 2.2 Golng concern After makin9 apmiate ewuirEs. ts Owecttys have a reasongbk expeclotiw th Ihp Ccrfnpany has •JeQle resources lo continue in oFerab"orI extstence for the foreseeable future. For thi$ reason. they continue to &JLW the gcing concem basis in preparffig the financial statèments. Furthèr details regarding Ihe ath)ptr'on of the 9fig concem bass can be laund in th¢ a¢¢¢yJrting ples. 2.3 Incom• income is reco9nised 1ce the Cixnpany has en1bj)enI to the i1K(e. rt is prL)able thal Ihe income TAI b• rtcved and Ihè am(xMrt of t(ne re¢8p481 can b8 rngasured reliably. Where the dcfflated g¢rt>J 1$ a fixed asset. li is rneasured * fair Yalue. unless il is irrpractical to measure this reliably, in case co of the item to the th)nor 5hwld be used. The gan is re¢oJnis&J as income fr(ffi donwms and a corresporKliry amnI is Iruded in lh& apwopriate fvAed asset class and dewecialed the usehA ecOnCffi lrfe in acc4xdance with the Ce¢mpanys accounting pOIleS. On receipt. donated professitinal sèrvres arml f•ilrt a re¢ognised the basis of Ihe value of thè gffi-to the ccrfnpany-wlih.1$-1he-arnQunt.l1"¥4Ou-h8Ve"been"wlng.to-pIff.1o"th1n.$eMceS"o facikn'e5 of equivent economic benefft on the open market: a correspor1 amounl L8 Ihen recogNsed in expenditure in the perK)J of receipL ' Irthme tsx reco¥erabfe in relati to received under Gift Akj or deeds of cwenarrt is r¢¢ognised at the time of the d(1. Olhei inccme is ¢tsed in the in wlKh it is re¢ei¥•ble •nd lo Ihe extent the gcojs have been provmled or M completth of servi¢ .P4e 19
SCRIPTURE UNION INTERMATIONAL COUNCIL (A c¢fflpany lknthl by 9uarnnt4¢1 NOTE8 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounllng policl•s leontin4Md) 2.4 Expendituve EXpdIte is recognised Ihtre is a ¢ffistnKtr obligatic#) to trSIer economlc benefit to a third party, rt is prcbable that a transfer of OnoMiC benefits v•ill be required in 5ettlernent and the amount of the ¢otIon can te measured rdkobty. Expenditure is classrfd by aelivty. The eosts of acts"ty are m&Je up of the total of direct COSts and shared CL>515. including 5UPPOrt costs in undertaking each ¥ti4ity. Deci costs attributable to a $in9le activity are allc¢ated dire to that trity. Shared ¢osts COne to thaTr cffte and supp)rt CQ5ts whi¢h are ot attribtablfr to a srrfJlè aelity arè apportthed belwèen those activitiés c¥) a basis eonsistont with use of resources. Cejtral staff costs are alkxated on the basL8 of lime spent. and deprttiation charges aloeated on the pth'on ofthe assefg use. Expéndrture )n cthntable &tf¥its is on undertakirKJ the tiVitIeS further the CcAr4)onYs objertr¥es. as 7AII as any assoc¥8ted support costs. Grant5 payable are Ghapjed in the Jyar 7hthen Ih? offer 15 made except in those cases where the offer is conditional. such 9rants bero reco9nised as eyperkditure vhn the Cj1th)n$ attaching are fvlfilled. Grants offered subj'ect to condth.ons whlch have not been al the year end are noted as commitment. but not xcrued as eXplIUW. l expenditure is indusib cl irrttoverable VAT. 23 Intevest receivable Interest on funds held on deposit ig AlLd vthen receivabk and the amount can bo measur¢d relAY by the Ccrfxpany. this is UPeA) n0lbrall)Th of the interest pa w payable by Ihe inslitulion whom the lunds are deposite 2.6 Forelgn cmncles Monetary as581$ arKI liabthes den)0t8d in foreign cwrWle5 are Ir8nsl8ted into ¥terlng at rates of exthange rulin9 al lh8 reFKxts'ng date. Tranwtions in fowD cuTheKEs are translated inlo stwlirvj * the r wr¥j on the dale d the transaction. Excharye 9a#)s and losses are recc8nised in th• state ol firwYAI th1*8. 2.7 Debto T.rade d_QIher..debI0fS_are_re¢ognL%ed_8I the settknienl amount after any trade discwnt offer&J. Prepayments are valued at the amounl prepawj net of anytrade discounts due. 2.8 Cash ai bank and In hand Cash at bank and in hand MKIleS cash and strkYt4emi highty liquby investrnents with 8 short malunty of three months or less frcth the date of xquisin Of 11)er ofthe deposit or similar &count .: Page 20
SCAIPTURE UNION INTERNATIONAL COUNCIL IA Company Ilmlted by guarnntt•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ounting poli¢ies (v)ntlnued) 2.9 Liabilities •nd provisigns Liy'litie¥ are reccgnised then there is an obligatKin at the 84wce ¥heet date as a r¢sult of a past event, rt 1$ probable that a Ir8nsfer of ec¢JncYnic benefft ill bè required in s•ttlèm•nt. and the amount of thè settkmenl can be estwnated relbabty. Liabilities are reccgni5ed al the amount th8t the crpanY anticipates it 111 pay to settle Ihe debt or Ihe amouni it has receNed as advanced payments for the gc£ds or servKes it must prowde. Provi5T¢ns are measured at the best estTrate of the amounfs WLHred lo settle the obligatwJn. Where the effect of the time value of money 15 rnaterial, the provi9 is based on the present value of those amounts. discounted at the prtrlax discount rate that reflects the risks specrfK to Ihe liabifty. The unwnding of Ihe disc¢)unt is recognised in the Statemenl of financial activrties as a finance cost. 2.10 Flnancl•l InstNments The Company onty has financial assels and frnnTh81 I'abifities of a kind thal qualrfy as basi¢ finan¢ial instnjmenls. Basic rmala1 instruments are initialty recc•Jnwl at transaction value and subsequently measured at their settlement value with the exception of bank loans which aré subsequently measured at amortised cc6t the effeciNe inleresl method. 2.11 Pensions The C(xnpany wrates a Lwjned conlribution pefi$ scherne and lh8 pensK)n tharge repre¥en15 the amounls payable by the Ccthpany to the lund in respect of the ypar. 2.12 Fund accounllng General furrtJs a unrestrled funds whth are awailabk for use * the discretN)n of the Directors in furtheranee of the generd thectrrfes of the Ccffipany and whh have not been deygn8ted lor other purposes. Designated comprise unrestricl&l funds that been sel aside by the Th'rectorn for particular puwe5. The am. and use of exh desKJnal¢d fuTrJ is set out in the noles to the finarKial $tatemenl$. Restricted funds are funds vthich *e to be used rn a¢¢ordance wi117 speerfic reslrietions imposed by donors or whh have been ratsed by the Company for particular purposes. The ctssls af raising and 8dmnistering such funds a charged against the specfflc fund. The aim arKI use of each restricted fund is sel out in Ihe nol¢s lo the financial ststemenl$. Page 21
SCRIPTURE UNION INTERNATIONAL COUNCIL IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECElaBER 2022 Inc¢)ffle from d(xwllons and legacies Unrestricted Re5tr•cted funds fund¥ 2022 Total funds 2022 Donations . DonatyJns Contributions from SU kknments Tewn Support Legac*s 169.981 459.876 60.837 27S.347 445,328 459,876 60.837 Subtotal detailed dlsclosure 6.694 27S,347 966,041 Total 2022 690.694 275.347 966.041 Unfftstnctety Rèstiicted fund$ 2021 2021 Donations Donations cOntrittIOnS from SU m[Tr1 Team $uppJrt Legaoe5 69.465 469.810 48.932 329,065 39&530 469.810 48.932 10.000 lo.(? Subtotal detslled dlKlosure 588.207 339.065 92T.272 TotAI 2021 588.207 339.065 927,272 Other incoming rtsources Unrestricled fund$ 2022 Total.. fuftds 2022 Bank interest 3,151 3,151 Page 22
SCRIPTURE UNION INTERNATIONAL COUNCIL (A ¢omp•ny Ilrnlt•d by guaranle•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 O¢h•r Incomlng resources IntInUed1 To&g1 lunds 2021 Bank inlwest An•lysls of exp•nd5tsrn on charilablt activiti¢s Summary by iund ty Llnrestrieied Reslricted fynd¥ funds 2022 2022 Total funds 2022 Mnistry Ccrfnmunty Sustsrob Partnership Governance 161,041 142,475 203.593 85.19) Irh.879 103.671 66.040 121.863 28.659 53,580 264,712 208.615 325,456 113.809 160.459 Total 2022 699.138 373,813 1,072.951 unTrsI Re$lted nds 2021 T¢*81 fvnds 2021 2021 Ministry Community Sustabnability- PartnehIp Governan¢• 117.575 103.358 78.064 45.798 195.579 149. 156 44,533 101.223 11,384 35,473 917 136,696 Tolal 2cr21 531.271 267.908 T99. 179 Pa9e 23
SCRIPTURE UNION INTERNATIOPIAL COUNCIL IA company Iwnit•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 . Anatygls of expendSture ty actS¥ftles Actlvltles undertak•n dirKIty 2022 Grart lunding of aGlivit¢e$ Support osts 2022 Tthal lunds 2022 2022 inistry C<Mnmunty Sustoinabilty Par1nership Govemance 103.671 51.292 32.67S 109,749 109.800 143.299 70.970 80.369 264.712 208,515 325.456 113.909 160,459 121.863 28,659 53.580 14.180 26.510 Totsl 2022 373,813 184,951 514,187 1.072,951 Activitt5 Grnnl undrtAkén fund ol ¢j$¢ty Tot81 fvnds 2Q21 costs 2021 2021 inisiry Communty Sustainability Partnership Go¥ernaKe 79.293 45, 798 97. 189 11.384 35.473 49.974 32.222 66.312 71. 136 105. 184 195.579 149. 156 261,831 5&917 136,696 13,983 26,7&7 74.473 Total 2021 269. 137 182,387 347.655 799, 179 Auditors. remuneration -202202.1 Fees payablè lo tho wdittx fw th¢ audit of thè Cthnpanl$ annual aecourtls 4,700 4.275 Foes payable to the Comp8nls auditor in rwect (. All non.8111 SW4ices nut included above 1.906 1.425 Psge 24
SCRIPTURE UNION INTERNATIONAL COUNCIL {A eompany Ilmlled ty guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Staff costs 2022 2021 Wages and salaries Socral security cos1$ ConlributiM lo defmed contrit11 pensicm $cme5 320,291 3,322 9,012 263,417 11.539 8.707 332.625 283,663 Thè averap nUMr of persorts empkn ty the Cc4nparyd¢King yearwds as follows.. 2022 2021 AdMini10n & Finor Intemational Director, Specialists & Figkl Oevekyn8nt Staff The number of emptyees those empbyee benefts (exclLkling ernpw pènsion costs) èxceeded £60.000 was.. 2022 No. 2021 No. In the band £60,IX11- £70.IXJO Durin9 Ihe year kw manawent. wKkNJing the InternatvThl Oireciw. recep1 saknes totsling £104,7{202l". £99,782} Dlr•ctor8' remun•ratJon and •xpens•s Durwo the year. one Director recefftd remuneratvm frcm the Cc•mpany. The CCffipaS Articles of Assocotion authori$e$ the paymenl of remurwation to the InternatKmal D1ClOr. Mornika KuSChm. Amounts are recharged frcyn SU Gérmany lo SuTplurè Union Intemalional Council relaling lo the InlernalKJnal Directorfs saw, as well as the rwmbur5ement of travel & related costs incurred in relation lo the perfomiance d her dutw. The ¥alue of Directors. reMUneiDn ¢lhei benefits w a$ foll¢)WS'. 2022 Remuneration & assrtiated costs démph)Jqnenl Mrs Monika Kusctrmie 69,415 59. 124 DuriTrJ the year ended 31 Decembw 2022. expenses fN tra¥el and olatéd costs totalling n,474 were reimbursed or paid diredty to Direclcrfs (2021.. £NII. Page 25
SCRIPTURE UNION INTERNATIONAL COUNCIL IA cofflpany limited by gtsarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEIABER 2022 10. Debto 2D21 2021 Du• aftèr morn ihan on• y•ar Other debtors 4, 197 4,197 Due wlthin one year Trade debtors Other debl<Ys Prep8yYnents and xcrued irKcM))e 138.375 21,Q82 126.512 972 159.507 131,681 Included in other debtors are fvndg of £92.99212021.. £88,174) reiating to deposlts hekd by SU Malaysia behalf of SUIC that are restrtded spectfjcalty lor the actmties in East West Ask1. 11. Credllors: Amounts falling due wiihln one year 2022 2021 Trade creditcrt Other creditors Accruals and deferred ie 10h75 52,1S7 14,228 16,045 53.246 10,670 76.860 79,961 12. Financlal In¥truments 2022 2021 Fln•neial as¥ets Financ.a$seIs.rne4sur8d.ol.fWr_¥&¢.thIQUgn.incc4e.3TrYtsxPfr1itvrfj 7,615,074 Finan¢ial assets m&qsured at fair value through irK£me and expet)diture cwiprise cash & cash equiiialenls. P•3e 26
SCRIPTURE UNIOII INTEFINATIONAL COUNCIL IA company limited by guarants• NOTES TO THE FINANCIAL STATEhlENTS FOR THE YEAR ENDED 31 DECEMBER 2022 13. Statement ol lunds Statement of funds- cuvr•nt y••r 8alance at 31 Galnsl De¢embèr (Losses) 2022 Balance at 1 January 2022 Incomè EXpendIre Unrestricted fvnds Deslgnated funds D1scrnticry Fund Inlemaliwl DeveloF¥nent Fund Trans11K ReseTh 4,175 4.175 134,608 110,000 134.608 110.000 4.175 248.783 G•n•rnl fun¢ts General Funds 483.724 689.669 1699,138> 7.941 482,196 Totsl Unrnslrlcted funds 721,332 693.844 1699.138> 7.941 730.979 Restried fynd¥ Develow)ent Fund Revolwng Fund Glrthl EmergerLy Rew Fund Publi5hir¥J Ministry Sustsin Travel FuThJ Mission Grnnt Activity Staff Emergency Weffare Fund Bit4è Ert9aganenl Consult8tion Strategic Needs for SuFVCrftirwJ NM Child Proteclb)n & Safeguarding Fundmg West Afri¢a PD¥ect FurKJ Envirmental Prqect Fund 670.7S7 58.231 14.547 10.091 39,404 14,903 186.041 (200,0531 115,010) 15.661) 656,745 43,221 9.590 10.091 26.428 22,211 63,175 . 9,887 2-637 10.806 123.782 16.163 1.652 (10.842) 114YI 10.n9 137 25.1)00 195,971) 40.739 120,0001 10.ty)0 10,000 . 5.272 5,173 998.462 275.347 (373.8131 899,996 T¢tsl of funds 1.728.794 %9.191 {1,072.9511 7.941 1.630.975 Page 27
SCRIPTURE UNION INTERNATIONAL COUNCIL (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 13. Si•lement of funds {¢ontinued) Ststernent of funds- prlor year 8818nce al 31 L)ec8npbei 2021 88lance al 1 J8nu8ry Translers Galn (Losses) lrtome E¥perthture Unreslrkted funds D•signat•d fynds Inlefnatvjn Devdowenl Fund Transit)n Reserve 135. 738 (i. I) 134,608 I10, 110,000 245. 738 (1. 130) 244,608 G•ner•l lunds General Fur#ts 479.582 588.276 (530. 141) {53.993) 483. 724 Total UnrgslrlG¢od funds 725.320 588.276 (537.271) (53.993) 728.332 Restricted funds Develcpment Fund Revolwng Fund Gbbal -Emergency Relief Fund Publishin9 Ministry Susla Travel Fund Mission Grant Actiwty Staff Emergency Welf8re Fund 8it4e Engagement COnslatIon 625.626 $1231 143.L (112923) 75.LXX) 670. 757 58,231 96, 171 3.343 19.967J (75.(W) 14.547 10.091 37.492 12,592 10.091 39,404 14,903 14,946 (13,034J (1.697) 77. 733 1&022 (34.301) 57,854 9,935 1,483 (689) 10.729 34 (1.594) 1.697 137 Pagè 28
SCRIPTURE UNION INTERNATIONAL COUNCIL IA cornpany lifftltgd by guardntee> NOTES TO THE FINANCIAL STATEMENTS FOR THe YEAR ENDED 310ECEM8ER 2022 13. Statement of funds lcontlnued) Statement of funds. prfory¢ar (contlnuedl Balance 41 31 Decemb8r 2021 8018 01 7 January Transfws Gain (Losses) Strategic Needs for Supporting NM Child Proteclion & Safeguarding FundiNJ West Africa Prc¥ect FuTrJ EnrOnMental Project Fund 111.710 111.710 (35.4CX)) 10.¢lXI 99 927.5 339.065 (267.908J 998,462 Total of fundg 1,652,625 927.341 (799, IT9) (53,993) 1. 726, 794 P•Je 29
SCRIPTURE UNION INTERNATIONAL COUNCIL (A e¢)mpafiy limited by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER X122 14. Summary offvnds Summary of funds- Cufrenl year 8alaneè 8t 31 GalTrsl Oecember ILogses) 2022 Balance at 1 January 2022 Income expendltsre Degnated luThls General luThJs Reslrthd funds 4175 483.724 689.669 1699,138 998A62 275.347 1373013) 7,941 482,1% 899,996 1,726,794 969,191 11,072,951) 7,941 1,630,97S Summ•ry of funds- prior year Bal8iKe 81 31 GalnpJ December {Los) 1 January 2021 TrnnsferJ Désignaied funds General lund$ Restrlcled luTrJ$ 24&738 479. 927,305 (1. I} (530. 141) (267.908) 244.608 483, 724 998,462 588,276 339,065 (53.993) 1.652,625 927,341 (T99. 179) (51993) 1. 726. 794 1S. An•tysi$ of nrf assets b8iw¢¢n funds Anatysls of net assets between funds - cuTh•nt year Unrnstslcted Restrkted lunds fund9 2022 2022 Totsl lunds 2022 Cuent assets Creditors due willwn ypar PJ)7.840 (76.861) 899.996 1.707.836 176,861) Total 730.979 899.996 1,630.975 Page 30
SCRIPTURE UNION INTERNATIONAL COUNCIL IA eompany Ilmlted ty guaraniee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 1S. Analysis of net assets b•l¥men funds Iconllnued) Anatysis of net assats belw••n lunts- PTlor year UnTrstrrled lunds ReStted . fund$ 2021 Tol81 funds Debth due after more than one >ar Current assets 4.197 .096 {79.961J 4.197 1,802,558 f79,961J 998.462 Crèditors due rythin one sear Total 728.332 998,462 1. 726, 794 16. R•eonclllath)n of net movement In funds to net cash fiow from operatlng actlvlties 2022 2021 Net incomelexpenthlure for the (as y Sxatement of FinarKial Acliwlies} (103.769 128. 162 Adjustments tor: Dividwth, interests arwj rents from investrner Increase in deblors IrKreasel(decrease) creditors Foreign exclk7nge ¢fference (3,151 > 127,826 (3,101) (5.015) (69) (1,049) 4429 (41,038) Nel provlded byl{used In) operatlng act111•8 1142,852) 91.435 17. Anatysls of ¢h and cash equivalents 2022 Cash in hand 1.548.328 1.688.029 Total Cash and Cash equivalents 1.548,328 1, 688.029 P89e 31
SCRIPTURE UNION INTERNATIONAL COUNCL (A tompany15mlt•d by 9u4rantee} NOTES TO THE FIMANCIAL STATEMENTS FOR THe YEAR ENDED 31 DECEMBER 2022 1& Anatysis ol Chwbges in net debt At1 January 2022 Cash flows At31 08cembèr 2022 Cash at bank and in h• 1.675.074 1126.746) 1.$48,328 1,675.074 1126,7461 1,548,328 19. Pension commitments The compary Lyres a definwl pens1 sdvne. The assets of the scheme are held Separately frr)m Ihose of the compary in an independèntty Jmlnisted lund. The penSn cost charge rePSentS contrthutions payabbe by the eompany lo Ihe fund 2nd amounted lo £9.012 12021.. £8.707). There re no amounts payable and irttuded in credrtors at Ihe balance sheet date. MemTr. Ilablllty Each member of Ihe charlable company urKlertake5 to Ctri1e to t1 assets rf the ¢¢Ynpany in the evenl of it bang wound LP 118 hetshe a member, or within one year after helshe ce8se5 lo be a member. such OUn1 as may be required. exceedirtg £10 lor Ihe debts and h'ablrtie5 ¢ontr¥ted before helshe ce8ses to be a member. 21. Rel¢d party Iransa¢tions Transaditsns ith SU Movements have been treated as related parties. The Coryjany has r•)1 entered into any otrer relgled paty Iran&*twJn$ durirwj y. are Ihere any tyJtslanding bakqnces own9 between refated parbes * the balance shed date. 22. PAASE dis¢losur• In ¢ommon VAth Many ollw thanlalkn ¢omparfs size •)d nature. we use our auditots lo assist ith the preparath offmancial Staternts. Controlling party The charifaNe company is CLN)tmlW by the Bo¥d of.Directors. P>3è 32