Ro91st•rod num￿r. 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 ¢OMP*tr41ES ￿m￿lSE ' JNI *193 SCRIPTURE UNION INTERNATIONAL COUNCIL (A cornpany limitéd by guaAThtee) CONTENTS P4e Relttence and admlni$iAtivè dttalls of the Company. Its Dlweclorn and advlsers DirKtor8' f•POrt Independent audttopJ report on thè finaneial statemtnts Slatemwrt of finan¢lal actlvltl•s 2.10 11-14 15 Balance sheet 16- 17 Statem*rt of tash flows 18 Note8 to the flnancl•l statements 19-32 SCRIPTURE UNION INTERNATIONAL COUNCIL IA company Ilmlled by guarantee) REFERENCE AND ADMINISTRATIVE DETAJLS OF THE COMPANY. ITS DIRECTORS AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Dlreclows Ctr Samual Afrane Or Ramm Wayne Baker Dr Chrislian Hthig. Chaiffli Mrs mC￿lk8 Kusthmierz. Chief Ex￿￿•¥ Dr Enrique Martinez Reina Ms Margaret Melrose Ncrfman Mr SooTrWah Jon Ong Iresvjned 4 2022) Dr M￿re1 Kaniki Sr#ale Mr Andrew McKen2 Mr Derek Marf( Heasman Ms Shirfey Mxrtsai Wary (appc*tsd 15 Febn￿ry 2023) Company wlstered number D3678243 Charity registered number 1072964 Reglslernd olfico L>tchell Hwge. 13 Freel•￿ Park wareh￿ R¢xd Dorsel 8H16 6FA Independenl audltors UHY Hacker Young Fth Limited StaluloryAudit¢ys & Chartered Accwntsrts 27-29 G￿dOn Street 8eJlast 8T1 2LG BankefS CAF Bank 25 Kings Hill Avenue Hill Wesl MallwKJ Kert ME19 4TA HS8C 186 Brc* Didcol Oxon -OX1.1_8RP "Sw. und Kredthnk eG Postlath 4085 58426 Witten Germany S¢li¢itors P¢*he¢•y Wrtham Weld 70 SL George's Square Lorbjon P&Je 1 SCRIPTURE UNION INTERNATIONAL COUNCIL IA company l#nited by 9uarnffti•¢) OIRECTORS. REPORT FOR THE YEAR ENOED 310ECEIABEA 2022 Thg Directors (who are a150 Trustees d the chanloble wipwry) prvwil Iheir •nnual re￿rt ￿ryth thg audrted finanekql sLitemenl$ 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 Direel*Jrs eonfirm that the Ann￿ report and financ￿ stalemènts cl the charrtablè comp8ry comply with the current Stat￿1￿Y requirements. Ihe requirernenls ol the dwrrtable c¢ThpanYs gjveming 4Jocumenl and the pro¥isions of the Statemenl of Reccynmended prac￿Ce (SORP) applubbe to charities preparing their accounts in ￿￿rdance with the Financiaf ReF#Xing Standard appI￿a￿e 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 IStr*egi¢ 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 famil*s: 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 Ch￿tIan malunty aThJ bec￿le toth eornmitted Church members and ser4ants of a wcrfld th need. To fulfil our common Vis￿￿. SUIC is wakin9 al￿$￿￿è Naknnal Mcfftmènts. iiwring and eqUIppY￿ effecbve rnini51ry. aThJ ¢realirvJ a Klngdcrfl￿rn￿e￿ ciThmunity. b. The Scripthrn Unlon IAovemefrt Scrpture unl(￿ worfthwtde cc•mwises nation￿ and Mov￿￿ts - currenlly 127 in 114 countries. each with its own goveming Council or Commitlee. Each movement IS 8uloncfflous in its own right but has 8th)pted t ststement ol Aims. Bel￿ and Wotking Princplas set in the A￿leS of Associ*in of the Scripture Union Inlern*ional Council. c. Grant4nakAw polici•s Grants are rn•Je by SUIC to Scripture Union Natirywl I*Mmerts n ¢xdw to fwther treir vth and in accordan¢fr with the ows ofthe charilable CIND￿ny. Pa9e 2 SCRIPTURE UNION Ip¥fERNATIONAL COUNCIL (A company Ilm6ted by guardntee) DIRECTORS. REPORT ICONTINVED FOR THE YEAR ENDED 31 DECEMBER 2022 Objeclives aftd aclivltles Icontlnued d. Main a¢tivltles und¢nak•n to further the company￿ purpogeg for the public benefft The diredors are Wdre ￿ the Chard￿$ CoMmissK￿.5 general guKlance on publK benefrt and. in particular, thg Specif￿ guidance on ¢harthes for the advanC￿ent 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 M0vwn￿ts in th*r acti￿"e$ providing ministy and goNEmance trainirs lo leaders vclunleers devdcping and sharing ￿$our¢e$ pro¥vJing edLK*iorhal bw*frt lo communilies in v8rityJs counlries making 9rants to Naticxwl COU￿115. 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 c￿n￿lS in need becwse of poblK* oreconc¥DK instsbiw wi the country. Wrth respect lo stralegic p￿nn1r￿J. Ihe difectors decided to 0(9￿￿e the of SUIC within four focus areas. In summary. these cover the a￿8$ (rf fctstering cross commurmty colla￿ratIon 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￿. ￿ty￿￿E￿. even lts)ugh most countr*s were slry*ty 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 h*14ay elecIf￿￿ meetings. Duririg these meetirys. the Gh)bal 8oard received reP￿ts on the crf ts Global Team and ma1￿?1 5itithns and re¥w￿l 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 Part￿1PatIon and communi¢ath)n frryn mernt￿¥ from drffer8nt kn'mè zc**s 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 ￿p￿lunrtY to comment. respjnd to cLYnments c* ask queslions Ihat vrtre answered by the Chair and the Glc4)al Trèasurer l¢)gelher InIeMat￿eI Director. Votir¥J on nècessary governance mattets rAace dtttronicaty during the Gener81 Assembly. A new candidate for the Glow B￿rd w05 presented to the Global Ass￿n￿ with a cwiling hor Irc*n January 2023. Varw)u$ new poltiè8 were discussed and approved by the Board.. other pd¢ies **re fevwed. A num￿1 of Board working groups were Set up to prepar¢ Strateg￿ Board conversations around fund development and risk management. The Global Board ￿eWed o*n perfomiance *rylh &xouragirKJ ￿SU115 as good Fyogress had been made in rynparison to the b$1 self.as5essmenl. The 8oarO I*5￿$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 Gr￿p$ National Councils ind￿￿ed a desire to connecl. receive vrsils and training's al Ixe io IKe meeling$. The Intemat￿ffia1 Director mel Gk*)al Team members. NatKinal Movement Imlers, ar#J donors in 8ntain, USA, Switzerfand, and Gefmany. ' Individual Meetings wth slaff members. mwiisty partners and supP￿terS were hekl ¥irtualty ￿ addition to extensive ccfnmunicalion by emaL The InlematKxBI Direuor held "frffjuent" Niriiial rrieeting5 ¥*ilh-U*" Gk)baI-Te￿l-10-w0Ik￿￿-61l8tegle8-8nd resources for the strategic Prim areas agreed by ts Glctsl Board. but also for Feer4eaming and peer- support. A first fa￿ to f￿e team rneeliTrJ tr￿( pl8ce in Odober 2022 and was hb3hty appreci8led by all team members. Htrwever. an eValUth"￿ of the past three years (the last full Gknbal Team meet￿9 before Covid lo)k place in Odober 2019) stsyApJ lh* the team Iwl been able to cclkabDrate ellecb'4￿Y even In a virtual envlronmenl. Ministry FolkMiin9 ¢)n frcth a dKision of the Global Board. in 2022 Ihe Glcthl Team kept focusing on Chikl Protection and SAleyuardiThJ training lor Nat￿n￿ Councils and supwtng them in adopting a ktalised Child Proteclion Policy. The SU Intemational Chikl Protectitin Polty is the Global Board's recommerhlation for Minimum slandaids for Child Proteclion in all SU MoV￿nentS around Ihe wortJ. These Chihj Prole¢l*)n Guidelines refie¢t SU'S Wothing pri￿lples, ￿1¢h 51ate that We aim lo express God's Go(NJ lo chilJren .... not only in words bul by building ¢arrw Idal￿)nshIpS wrth I￿1. and .. '¥rt ha¥• a speual re4)Ons￿l￿ty fc* thildren...*tti are... exploited. lexcerpt frcrfn SUI'S Chikl Proleclion Pc*yj. Thè SUI Chikl Proted*Jn fctuses on kwin9 ew child. yours or SCRIPTURE UNION INTERNATIONAL COUNCIL (A cofflp•ny Iwnil¢d by guar4nleel DIRECTORS. REPORT ICONTIMUEO FOR THE YEAR ENDED 31 DECEMBER 2022 Achlovements and perfornmnce Iconllnuedl vulnerable person within SU ministries safe and that *il kr#yw Itol their hon￿r. dignty. and care are of ulmosl importance lo SU. A Sufvey wa$ done to measure and Irack the effecliveT*SS of the trainiNJ. SUI has iden11f￿ 106 National Movements Ihat would benefrt frni trwning. 84% of t￿ have already gone t1￿U9h 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 consulla￿n was ￿eld ¥￿Iti than 1￿ participants fiom aftyjnd the wortd - an aM￿ing c¢mmitmertt as due to time ZLV* ch*lerys. 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 gr￿p$. e.9. Bible En94ement in Ihe famity. the di9ital thrdd. or the public square elc. The outccthes of the cort5ul1at￿Th were 4JocLrnented in a Consulla￿n Report thai VAS sent to the Nalional c￿nCil$ for further conversalicns Ihat have sirKe been pthed up al bath kxal and regicffjal level. Cthmmunity Groups discussed Ihe ￿port and tyJentif*d practical next steps includiro )witers' workshops" that will be facilitaled by Scrwure Union Internali?nal in 2023 and 21r24. The Minislry Specialist for ChthJ￿n Famil*s 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 f￿l￿eS 1*1 eing to ELYcpean Co￿trieS trwJgered the devekpmenl of a small ￿SOurCe to SUPFOrt and encwrage chihjren on the move. 50.000 cop*s were printed arKI dislrtjuted through Nalional Councils. mainty m Eastern Europe. SwrfzertaTh1. arA1 Gumany. tArt aL80 in Ukr8ine. ComrnuThty During 2022. I￿v8 Community Grtyjp meelirys trnk place. s(Yn• of thém fin• fac• to fac• after a Covbl. break of Ihree years. The Inlemational D*ect¢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. Indi￿ldUat 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 T*thh matsrol $￿POrt. The Global Week of Prayv in November was launc1￿0 vMh a global praypr g*hering aTrJ ended a 24PKXtr prayer 8vent in ￿1th 48 N*KwI I*Mments playe(I ￿ acti￿ rde aryj aboth 1CrfXI ¥KliYduals participated. Two mcmlhty publications. the Global Prayer News and the Gbbal Ne4•S. are produced cffj a regular basig 10 connect National Councifs in Pla￿ and inforn the intwested public ab￿rt the work l)w'ng done around the worpj. Susl8in8thfvty The Field Devek¥*nent Direct¢)fS wilh National Movemènts to help Ihèm set strategic goals and dévélcp their mini5ty ¢wity and susfainabilty. A lol of work was dwected t(Mard developing slrategies for a posl- pandem¢c The French tranststw of an fft4leplh onhne on fvTrJraBwwJ *d ca￿ty building in c(4tabor•tKin wth a partner or9an1sath￿ from the USA. was rdled cxjl arKI well recei¥e(I by the participants are m(xe confident in communicating with donors and kcal lunds. The same program %%ws njn in Europe ￿1h special viw w Eastem Eurcyean p)unln"e5. P¥5 SCRIPTURE UNION INTERNATIONAL COUNCIL IA company Ilmlt•d by guarantee) DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Achlevements and perfomMnc• Icontlnu•d). The International 01￿ClOr. in consultskn.cfi with key staff ui the different parts of the identffied worthwhile projecls work1wde made them to potMtial dI￿or$. 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$lructions. Since 2020 the Gknbal Team has been wthlng wtti NatKIMI Councls in mLYe vulnerable circumstances on developing a project methoddf)3y. The 8ppiDach of donors towwds gNin9 and supporting minislrieg has changed over the last couple of years. Rather than givin9 UncC*idrtk￿3lty and b)ng-temi towards a certain ministry. donors are askirK4 for specific prc4ecl descriptp)ns. Hthlever. some National Movements are quite inexpèrienced In such a kind of proj.ect aFpb"caliorts. The Gk)bal Team hes crea¢ed and ddivered training 10 help Ihem grow in this area. This wll te an on9￿￿ pri¢yityfor the ccrning lea￿. Partn&rship SUIC has a policy of developing trusted partnerships ￿1th ther fike-minded agen￿8$ aThl identif￿d this as one of rts slralegic action areas. The International Direclor. as Ihe Vtce Chair ol Ffflim of &1￿? AgerKies Intem*iong1 (FOBAI). led a session at their annual gatherirrfJ to receNe woval by the CEtrs of partner organt5*ions 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 Intem*ional Director parbcip*ed in a fxfrttrlace mgeting *i1h inlernatKfflal cryaniL7tions in children an¢J youth ministry facilitaled by Ihe Workj Evangdical A￿￿8.$ yoirth department New ￿e￿￿)rkS were created. and cooperation oppytunth'es expltyed. Adminis¢ratiorVGOvema￿e lincl. Cc#nMun￿allonS> 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 rnis5￿n a9￿￿les. The annual levels of key management vMe approved by the Global Board. The s*ries were adjusted to ¢vrrent standarils. Financial rnvi•w a. Golng concem After mak￿g appropriate enquiries. th• DWeet￿ have a reaSona￿e 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 pol*es. 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 operat￿1 costs. in ordèr to alk￿ for charoes in expected cash flow pattems and to be able lo meel operat￿nal cost5 for peric*ls 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 I￿e1 of reser￿ is therefore deemed 581isfactory. Some unrnslrided furKl$ ha￿ been desi3nated for purposes as $6t out in ncle 14. A nurnb¢r of desrgnaled funds have become redundant as reStr￿l￿e wogresses. so these there transferred to General Funds * year en(L e. Invéstments Wlcy The directors maFrfain a balarKirvJ retums on fvnds invested and an acCeptab￿leVel ol risk. In 2ry22 the directors re¥w￿d Iher global b8rA(ing Further *1justmenis be made in 2023 and monitored on an on90in9 basis. d. Prin¢lpal rf$ks un¢ertalntl¢s The DireGtors have ￿ent￿le￿J lh2 severity of Ihe risks lo knthich the chanty is potentially èxpos￿. They have 81s0 con$tdèred thè likdihrtd of those risks. The steps tsken to mitvjate thosè risks have been assessed in light of both the severty aTh11Tri cl each rtsk. Risks have been summarised into appropriate categories covering the Pri￿1PaI areas of govemance. opw*Ic￿4. fmncial. extemal. ar•J regul*ory r*k. The Global Board risk register has been rewith￿d al each n*etiry of the Gkthl 8oard Mil￿tire acllons ag￿ed. e. Flnanc• Unreslrfcted inccming resoLYces for Ihe ￿ rnntsd tt> £693.84512021.. £588.2761 gf which £459,876(2￿21. £469.8101 came from Nalirxhal and Reg￿rtaI Councils. The Inlematicvl COU￿11 invrtes voluntary contnbutions from the varKJus movement cfAw￿lIS to finance its actmties in Ine with ￿le d iheir operats.ons in F*CPOrtion lo the VKJdthMde aCtsVit￿ of the nvyrtnent. These are laken up as inc(The at the.time of the Commitm￿1 frtyn the nalMJn81 rno￿ent. Unrestricted arKI uTr#eS￿natsd Èynditurè lor the year a￿l￿filed to £699.138 {2￿21.. £530.1411 malnty tor salaries. related costs and tra¥EI. This a150 rKkKles grants of £184.951 {2021: £182.387) vthtch were made to National.Councils.- D•s￿nated expenditufe lor the year an¢)unled io £NI (2021. £1.130)whrh was in relalyjn to Ihe development of Mcuefflents wcwnd the *ryhJ. ReSt￿ted incomin9 rescwrces amtyJnted to £275.347 12Iy21.' £339,￿) WKI ￿$tr￿ted 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 i￿loN 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$c¢i￿10Th on 3rd December 1998. SUIC B also régi5twed as a ¢harity *ith Charilies C(xnmi5sI￿ for England & W*$ under registrat￿n nurnber 1072W. b. Methods of appokth•nt or 018Ctlon of Dlr•ctorn The management of Ihe Company is the reSPY￿1b1ty of the DirKtsxs who are el•Xed and cowled under the temis of the meMora￿lUm 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￿ dIr￿r>. 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. eX￿￿e10 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 AswG13￿n. the CAJmmfftee arKI decisior￿￿kIng 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 wopri*e extemal tranwo events wthere wil facffjt8te the undertaking ol their role. DunTr3 2022 some directors atténd￿ wi￿1 or ￿ to laca mè8ts.ngs d the ￿9￿n81 Ccxnmunty Groups to gain ¥ a greater unde￿landing 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. R￿al￿ 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 ￿￿$tand￿￿j Wances owng bets¥een relaled parties at tr£ baLqncè sl*et date. Plans lor futufe perlods The chwrtable company plans lo continue Ihe acli¥ities ￿tIlled above in the forth¢cqning year5 subject lo salisfactory fundiry afrangements. In additKm lo tr￿1. a couple ￿ further plans are t¢in9 devel¢)ped. Ministry As part of the SUIC strats9y, tho Glc*a Team wll prowde further trainifWJ on Chitd Safety and Welbeing for National IAwements and with the strcalled voluftleer"advc￿teS' to ensure thal thild FXQtedion training for lsxal staff and volunteers will b8 implemented and the f*cess•ry meawres be put in rkn. The next phase of the 8ibte Erygement Initolive be a curated hub for sharing relèvant Bible Enwefflent resour¢es arnong NatiLThls Counals worftshcys to cre*e rw resovrces. including digrtal ones. Communty Ongoing training de¥elowiert ￿711 take *e during 2023 in wional grtyJpings. Thesè Ctsnmunity Groups, based arourKI those movements wth c(MMo￿lity. 9atr*r to dwjss tssues of strategi¢ importance in rela￿n to thar ministry and organisath?nal develcpnent wrth the purpose of develcsyrKJ mintstry effecliven¢s$. 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 Ol￿r mission a9en¢ies in tyder lo erkib* vulnerable movemenls lo b￿fft Irom gk*al 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 w*h chihjren and y(NJry peo*. Members Ilabillty - The Membets of the C(xnpany guarantee lo C￿trI￿J(e an am￿nI 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 financ￿1 statemènts in *cordance *ith applrable taw and Unled Kingdom Accounting star￿ards {Unrted KirYJ¢S)m Generaty Accepled Accounb"ng Pr￿l￿e). Company law requires Ihe Oirectrxs lo prepare financial stslements f(Y each ffinancial . UThYer cornpany 18W. the Directors rnust mt approve finanoal st*￿entS 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 fo*y•Kd. S￿4eCt 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 s￿￿￿v and expfain the Companls transact￿5 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 tra￿1 and other I￿egUl￿11￿¥. Disclosurn of Inf¢)rnMllon to auditors Each d the persons who a￿ Direclcvs at the lffne y￿en this Directcrfs. repcrft ts appro*d has ¢C￿fimÉd 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 In1￿1￿ and io estsNish that Ihe choritls aLbYilws are aware of that wiformation." Audltors The auditor5. UHY Hacker Young F￿h Limited, have ￿￿Katr￿j their TAillw￿ness ta ronlinue in Off￿e. The deS￿nated t)ire¢t¢KS 7AiII prop)se a molicm reappointir*J the a￿1￿￿5 al a n*eliNJ af the Diwti)r¥. ..Appr.o%*d.by_OTder of the mwnbers of the trf)8￿ of Di￿¢1￿￿ cffi 3 J￿Y 2023 ' ed on tt*ir 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 sL*ements af S¢ripiure Union Intem*1￿￿ ￿Jn¢1 lthe '¢haritable company'l for Ihe year ended 31 Decemter 2022 comprise the Statement Df financial acti￿tIes, the 8alance sheet. Ihg Statement of eash and the related notes. Ir￿bjdlng a summary of s￿an1T￿¥r1I a￿ounting policies. The financial reporting framewrrk that has been applied in th*r 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)wtiTrJ reccKds and retums. or we ho￿ r￿1 received all the I￿rnall0n 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 st*ements 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 cc*npanYs ability to continue as a going eoncem, di8eh)sing. as applicable. matters rek*ed 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• fIn￿la1 Wè have beèn appointed as awjitor uTrJer seclron 145 of the Charibes kl 2011 and reFQrt in accwdance wih the Act and ielevant regUlati￿S made ￿ havi￿ effect tr*reunder. Our ￿lea￿Ve5 are to obtsin reas¢y* assuran￿ aly)ut *thether the fina￿￿1 sl*ments as a t*thole are free from material misstatement, whether due to fraLKI or error. and lo issue an Audit￿. iewt that incI￿￿e5 our opinh￿. ReasOna￿e assuTarKe is a hryh level of assuran￿. but is nol a guarantee Ihat an audit widucled in a¢coTdanee with ISAS IUK) v*ill thays detert a matenal mi$slatemwrt when it exists. Misslatements con ar from traud or error and are cons*Jered matwial if, irm11￿)￿UaIty off in Ihe aggregate. they couhj reasonably be expected lo infiuerKe the eccYwI￿ decis*)n$ cl users taken w the l)asF ol these financigl statements. Irregularities. in￿dIng frwd. we instance5 of Th)n-c￿￿1a￿￿ *ith Izw5 regu￿10￿S. We design prwedures in with our responsibil￿e$. ￿jIlin&j above. to detecl malerial mls5t*m￿ts in re5ped of iThegulariltes. including fraud. The e￿ent lo which ￿r Pr￿dureS are capable of deteth.ng irreguL•rrt*s. including fraud 1$ detailed below. Our approach to Id￿tr￿n9 and assessin9 the risks of material misslatement in respecl of irwularii*s. induding fraud and rrfJrtruThpli8nce *ith I￿ ￿j￿rai￿r￿. was as fdItr￿. The engagement pafther ensured lh* engagement leam cclectfvely had ts 4)propriate competence. capatxlilies and skilFs to or feccgnise non 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 Cred*ors: 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$￿ts •xeluding pension ass 1.630.976 1.726,794 Totsl nel 1.630.975 1. 726, 794 Charlty funds Restricted funds Unrestricted funds 13 899.996 998.462 D&s￿n#t*d funds Ggnèr* fund$ 13 13 244.f 483.724 482.196 TL*I unfestr￿d funds 13 730.979 728.332 Totsl funds 1,630,975 1. 726. 794 The enttywas entitled to exemplKn frcth a￿111 under seclw 477 ￿ Ih? C(mponips Act 2006. . TheJnembefS.have.not.required.the.entity_to_obtsin an_a￿jlt for the in quÈsts"C>n vi *cortsrteè wrth wction 476 of the Comwies Ac¢ 2CpJ6. Htr*è¥ér, an a￿11 is réquiréd in aecowdarte section 145 of the Chaiilies Act 2011. The Directw ackn¢x*ledge fvir ￿SpOns*￿'1￿es for comk*ry"ng wrth the requirrnl$ of the A¢t wilh respect to accounling records and preparn11(￿ (l financ&al $tatements. The finartial statements have t*en.wep•red ￿ *cordance tAilh the pThisi¢Ms appkable to enlilies subject to the small cL￿panieS fegime. The finartial slatements t•there appro*1 and aUltr#V￿ fry is5￿ by the Directors on 03 Juty 2023 and signed their behaN ty. Page 16 SCRIPTURE UNION INTERNATIONAL COUNCIL IA comp•ny limited by guaTrntse) BALANCE SHEET IGONTINUEDI AS AT 31 DECEMBER 2022 Dr Chrisilan Hellwi9 Chairman Dr hiaryaret Kaniki Siwale Director The notes on pages 19 10 32 form part ofllw fvwKial statements. Page 17 SCRIPTURE UNION INTERNATIONAL COUNCIL IA company limited by 9u*r4nl•el STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 Cash flo￿ from operating acti¥itie5 Net cash used in operatir8 aclivibes 1142.8S2) 91.435 Cash flows from investing activStl DivideThds. irtefests and rents fr￿7 invesknents 3.151 Net ¢a$h provbded by invesiing activilies 3.151 Cash ftows frorn finandng aclivkns Net cash prr*VId￿ 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 p￿18 scRIPTI￿lE 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 c￿panY 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 c*lecti￿5 are lo suprx)rt the of Seryiure Union IhrcAbJhoul the I￿r1d in ils aims of advanarffj the Christian tsilh. A¢countlng policjes 2.1 84s1s of prepar*ion of financial SLltèments Th• f•nancAI s￿￿ements havè be￿ pr¥wed in acc￿￿4￿8 *ilh the Charitigs SORP IFRS 102) - AcCour￿"n9 and Reporting by Chariti"e5'. Statemenl of Recommended Pr￿tice a￿1Cth 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 Re￿￿rtIrvj 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 •JeQ￿le resources lo continue in oFerab"or￿I 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 9￿fig concem bass can be laund in th¢ a¢¢¢yJrting p￿￿les. 2.3 Incom• income is reco9nised 1￿ce the Cixnpany has en1bj￿)enI to the i1K(￿e. rt is prL*)able thal Ihe income T*AI b• rtc*ved 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 don*wms and a corresporKliry am￿nI is I￿ruded in lh& apwopriate fvAed asset class and dewecialed the usehA ecOnCffi￿ lrfe in acc4xdance with the Ce¢mpanys accounting pOI￿leS. On receipt. donated professitinal sèrvres arml f•ilrt* a￿ re¢ognised ￿ the basis of Ihe value of thè gffi-to the ccrfnpany-wli￿h.1$-1he-arnQunt.l1"¥4Ou￿￿-h8Ve"been"wl￿ng.to-pIff.1o"th1n.$eMceS"o facikn'e5 of equiv￿ent economic benefft on the open market: a correspor￿1￿ 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 EXp￿dIt￿e is recognised Ihtre is a ¢ffistnKtr￿ obligatic#) to tr￿SIer 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 classrf￿d 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. D*eci costs attributable to a $in9le activity are allc¢ated dire to that ￿t￿rity. Shared ¢osts COn￿e to thaTr cffte and supp)rt CQ5ts whi¢h are ot attrib￿tablfr to a srrfJlè aeli￿ty arè apportthed belwèen those activitiés c¥) a basis eonsistont with use of resources. Cejtral staff costs are alkxated on the basL8 of lime spent. and deprttiation charges aloeated on the pth*'on ofthe assefg use. Expéndrture *)n cthntable &tf¥it*s is on undertakirKJ the ￿tiVitIeS further the CcAr4)onYs objertr¥es. as 7A*II as any assoc¥8ted support costs. Grant5 payable are Ghapjed in the Jyar 7hthen Ih? offer 15 made except in those cases where the offer is conditional. such 9rants bero reco9nised as eyperkditure vh*n the C￿j1th)n$ 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 eXp￿￿lIUW. l expenditure is indusib* cl irrttoverable VAT. 23 Intevest receivable Interest on funds held on deposit ig A￿lL￿d vthen receivabk and the amount can bo measur¢d relA￿Y by the Ccrfxpany. this is UPeA) n0lbr￿all)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 cwrW￿le5 are Ir8nsl8ted into ¥terlng at rates of exthange rulin9 al lh8 reFKxts'ng date. Tranwtions in fowD cuTheKEs are translated inlo stwlirvj * the r* w￿r¥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 MKI￿leS cash and strkYt4emi highty liquby investrnents with 8 short malunty of three months or less frcth the date of xquisi￿n 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 Li*y'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 cr￿panY 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 est￿Trate 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 rma￿la1 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￿ unrestr￿led funds whth are awailabk for use * the discretN)n of the Directors in furtheranee of the generd thectrrfes of the Ccffipany and wh￿h 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 wh￿h 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 cOntrit￿tIOnS from SU m[Tr￿1 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 I￿ntInUed1 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$l￿ted nds 2021 T¢*81 fvnds 2021 2021 Ministry Community Sustabnability- Partne￿hIp Governan¢• 117.575 103.358 78.064 45.798 195.579 149. 156 44,533 101.223 11,384 35,473 917 136,696 Tolal 2cr21 531.271 267.908 T99. 179 Pa9e 23 SCRIPTURE UNION INTERNATIOPIAL COUNCIL IA company Iwnit•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 . Anatygls of expendSture ty actS¥ftles Actlvltles undertak•n dirKIty 2022 Grart lunding of aGlivit¢e$ Support osts 2022 Tthal lunds 2022 2022 inistry C 7.941 482,196 Totsl Unrnslrlcted funds 721,332 693.844 1699.138> 7.941 730.979 Restri￿ed 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 Envir￿mental 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¥per*thture 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 COns￿latIon 625.626 $1231 143.L (112923) 75.LXX) 670. 757 58,231 96, 171 3.343 19.967J (75.(W) 14.547 10.091 37.492 12,592 10.091 39,404 14,903 14,946 (13,034J (1.697) 77. 733 1&022 (34.301) 57,854 9,935 1,483 (689) 10.729 34 (1.594) 1.697 137 Pagè 28 SCRIPTURE UNION INTERNATIONAL COUNCIL IA cornpany lifftltgd by guardntee> NOTES TO THE FINANCIAL STATEMENTS FOR THe YEAR ENDED 310ECEM8ER 2022 13. Statement of funds lcontlnued) Statement of funds. prfory¢ar (contlnuedl Balance 41 31 Decemb8r 2021 8018￿ 01 7 January Transfws Gain (Losses) Strategic Needs for Supporting NM Child Proteclion & Safeguarding FundiNJ West Africa Prc¥ect FuTrJ En￿rOnMental Project Fund 111.710 111.710 (35.4CX)) 10.¢lXI 99 927.￿5 339.065 (267.908J 998,462 Total of fundg 1,652,625 927.341 (799, IT9) (53,993) 1. 726, 794 P•Je 29 SCRIPTURE UNION INTERNATIONAL COUNCIL (A e¢)mpafiy limited by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER X122 14. Summary offvnds Summary of funds- Cufrenl year 8alaneè 8t 31 GalTrsl Oecember ILogses) 2022 Balance at 1 January 2022 Income expendltsre De￿gnated luThls General luThJs Reslrthd funds 4175 483.724 689.669 1699,138 998A62 275.347 1373013) 7,941 482,1% 899,996 1,726,794 969,191 11,072,951) 7,941 1,630,97S Summ•ry of funds- prior year Bal8iKe 81 31 GalnpJ December {Lo￿s) 1 January 2021 TrnnsferJ Désignaied funds General lund$ 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 Cu￿ent 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 ReSt￿ted . 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 act1￿11•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.$48,328 1,675.074 1126,7461 1,548,328 19. Pension commitments The compary Lyr*es a definwl pens1￿ sdvne. The assets of the scheme are held Separately frr)m Ihose of the compary in an independèntty *Jmlniste￿d lund. The penS￿n cost charge reP￿SentS contrthutions payabbe by the eompany lo Ihe fund 2nd amounted lo £9.012 12021.. £8.707). There ￿re no amounts payable and irttuded in credrtors at Ihe balance sheet date. Mem￿Tr. Ilablllty Each member of Ihe charlable company urKlertake5 to C￿tri1￿￿e to t1￿ assets rf the ¢¢Ynpany in the evenl of it bang wound LP ￿118 hetshe ￿ a member, or within one year after helshe ce8se5 lo be a member. such ￿OUn1 as may be required. exceedirtg £10 lor Ihe debts and h'ablrtie5 ¢ontr¥ted before helshe ce8ses to be a member. 21. Rel*¢d party Iransa¢tions Transaditsns *ith SU Movements have been treated as related parties. The Coryjany has r•)1 entered into any otrer relgled paty Iran&*twJn$ 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 Statern￿ts. Controlling party The charifaNe company is CLN)tmlW by the Bo¥d of.Directors. P>3è 32