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2020-12-31-accounts

2020f 2019
L
GrantstoProvincesoftheAnglicanCommunionintimesof 314,966
acuteneed- Covid19
2019srantsredesignatedtobeusedforCovidrelief 41.004
GrantstoProvincesqftheAnglicanComntunionintimesof 20,287 44,353
acuteneed
Grants to supportstrategic initiativestoassistreligious and
othercharitable work oftheAnslicanCommunion
Stratesicpartnerships 31.450 79.000
Generalproiects 2r0.828 236,057
GrantsforAnglican
Communionrepresentation
and 71,080 65,440
consultqtions
TotalgrantsaDDrovedinthe vear 689.615 424,850

rusteesofthe Fundatthedateof thisreportarelist
dsinceIJanuary 2020were;
ed on page1.Thosewhoservedduringt
TheMostRevd&Rt.HonJustinWelby
theArchbishop ofCanterburyuK
Mrs MarjorieBannister
UK
MrsMarionMDawsonCarr
USA
The Revd Canon ChrisChivers
UK
MrAlecDawson
USA
MsAnneNoelJonesDawsonUSA
The Revd DuncanDormor
UK
LordGreenofHurstpierpoint
uK
LadyGreenofHurstpierpoint UK
TheMostRevdJosiahIdowu-FearonNigeria
Chair -Ex-ofFrcio
Nominated bythe Friends
NominatedbytheFriends
Co-opted(resigned 4February2020)
Nominatedbythe Friends
Nominated bythe Friends
Co.opted
Nominated bytheFriends
Nominatedby the Friends
Secretary GeneraloftheAnglicanCommunion-
Ex-officio
Ms BeverleyJullien
UK
TheMostRgvd PaulKwong
HongKong,
Co-opted
Co-opted
China
MrChristopherLMann
USA
The RevdBarryENichols
UK
MrsSuzannahO'Brien
UK
Nominated bythe Friends
Treasurer-Nominated bytheFriends
Nominatedby theFriends
MrJulianRoberts
UK
CanonMargaretSwinson
tlK
Nominated bythe Friends
Chair Inter AnglicanFinance andAdministration
Committee
The Revd PaulThaxter
uK
MsJulieLWareham (JulieNoon)xUK
co-opted (resigned 14 Jaruary202r)
Nominated bythe Friends

Restricted
Unrestricted Designated lncome
funds tunds t'unds Total Total
Note
2020
2020 2020 2020 20t9
f f f Tf
Income
Donalions
GrantfromTheFriendsoftheArchbishop
ofCanterburv'sAnglicanCommunionFund I45,748 620.589 766,337,149,.183
UKdonations - Itt.875
Iogetherin Unity-Covid19Appeal t0t,l38 l0l.r38
Prioryear grantscancelledor reduced 37.057 J6^-)-r-' 7s.390 20.204
Totaldonalions r82.tto5 760,060 942,865488.562
Inveslmentincome
lncomefiominvestments 3.188 3.188
3,675
Tnterestreceivable 450 450 380
Totalincome 186,443 760,060 946,503 492,617
Expenditure
Choritoble octivilies
Gl'antsto Provinccs olitheAnglicanCommunion
in times ofacute need -
Cor,id19. new grants 4 311.966 314.966 44.3 53
2019grants redesignatedtobe usedfor Covid relief 4 7.263 33.74t 41.004
Other 4 9.070 11.217 20.287
Grantslorstrategic initiatives:
Stlategi cpartnerships 4 20,000 I 1.450 3r..150 79.000
Ceneral projects 4 27,280 l83-548 2r0.828236.057
CrantslorAnglican Communionrepresentation
andconsultations
Tolilgrantsapprovedinthe)tear
63,613 7r.080
626.002
7l,080
689,615
65,,140
424,850
.Admi ni strationandfinancecosls
Administration
l,oss/(Gain)on exchange
56,039
(2s8)
190 56,22942,870
(238)
37
Totalexpenditure ll9,4l4 626,192 745,606 467,757
Net income/(deficit) 67,029 133,868 200,891 24.860
Transfer to Covid19funds (ll,26l) ll,26l
Otherrecognisedgains/(losses)
Realisedgainon investments - 17,800
Unrealised gain/(loss) oninvestments 13,271 13271
2,860
Net MovementinFunds 69,039 -145,129 214,168 45,520
Fundbalanccsbrought forwardatthe beginning
ofyear 13.511 100,00024,687 138,19892,678
Fundbalancescarriedforwardat endofvear 82,550 r00,000169,816 r38.r 98

2020 2019
L f"
Fixedassets
Officeequipment 6 1,128 1.866
Inyestments 1 115,657 r02.386
116,785 104,252
Currentassets
Debtors
DuefromFriends oftheArchbishopofCanterbury's
AnglicanCommunion Fund 492,711 198,705
Otherdebtors 0 12,500
Cash atbank 314,352 375,511
80710,63 586,716
Liabilities
Creditorsfallingduewithinone year
Grants payable 552,361 534,624
Other creditors 19,121 18,146
571,482 552,770
Netcurrentassets 235,581 33,946
Netassets 352,366 138,198
Funds
Unrestr ictedincomefunds
General Fund 82,550 13,511
ReserveFund 100,000 100,000
Restric:tedincomefunds 169,816 24,687
16/ Lt''o": 352,i66 138,198

Prioryear grants cancelledorreduce d\ereasfollows:
Unrestricted Restricted Unrestrrcted Restricted
Income Income lnr:clme Income
funds funds funds funds
2020 2020 2019 2019
f f. f f
Reductiotts
2017SudanStrategic Partnership r3.300
20I7Congo pastoral visjts )1i6
2018Sudan Strategic Partnership 4.030
l0I8lambiaSchool reconslruerion 10.108
2018CAPABishops'training 2,845
20l9Congo Bishops' meeting 1,747
2015Congo - Inteflret equipment&travelcostsforPriurate 7.300
2015Tanziuria -Seedbanksfbrfarmers 2.500
2016 SouthenrAfrica. Namibia -Foodsecurity programme s.000
2016T'amania-Empor.r,errngChurch leadershipforChurch&
communitytmaformation )\nn
20I7Jerusalem&MiddleEast-Repairs toChristChurch, Aden 2.904
20L9srants redsignatedto be usedfor covid relief-seepagel,l 7.263 33,741
37.057 38,333 7.90412.300
,lGrantsmade
Grants approvedduringthe year wereasfollotvs
Unrestricted Restricted Unrestricted Restricted
lncoms Income Tncome Income
funds funds funds funds
2020 2020 2019 20I9
f f ff
Grantstoprovinces oftheAnglicanCommunionintimesofacute need
GrantsfromtheTogetherinUnilyAppealforCovidreliefthrougltout
theCommunion
Grants opprovedin2020
AJiica
Bunurdi DioceseofCitega 3.000
DioceseofRulonge 3.000
CAPA ForBurundi.Cameroon.Uganda.
SouthSudan-N'lozambique.DRC
andKenya 25.000
CentralAfiica Dioceseof NorthcrnMalar.vi 10.000
DioceseofNorthern Zambia 3.000
Dioceseof Malau,i 6,000
DioceseofLuapula 1.500
Dioceseof,Central Zambia t,500
DioceseofEastemZambta 1,-500
Zimbahrvc (Eachdiocesef1.500) 7.500
Denrocratic RepublicofCongo DioceseofTisangani 4.000
DioceseofKinshasa 12,000
Dioceseof North Kivu-Butembo 8.000
FuneralofBishopDesireKafhoro 3.000
DioceseofBoga 4.000
Chana.WestAfrica DioceseolAsante-Mampong 4.000
DioceseofKumasi 4,000
DioceseolSekondi )0n0
Indian Ocean Madagascar .{.000
Mozambique DioceseofNanrpula 3.500
DioceseofNiassa 2.000
DioceseofLebombo 3.500

4Grantsmade(Contrd) UnrestrictcdRestrictedUnrestricted Restrrcted
lncome lncome Incorne Income
funds funds funds funds
2020 2020 2019 20]19
flff
Granlsloprovinces oflheAnglicanCommunionintimesofncute need
tlte Communion
Grants ctpprovedin2020
Africa(Conr'd) 0 115,000
Broughtforward
Nigeria Diocese ofGusauZanrfara 10.000
SouthernAl'rica I)ioceseofPort Etizabeth 9.000
SouthSudan ECSSCovid-I9Tasktbrce l.+.000
Dioceseof Abiye 2.000
Dioceseof Olo 4.000
DioceseofJubaandBor 2.000
DioceseofCueibet 3.69r
DioceseofWau ,+.000
DiocesesofSudan. Khartoum,Kadugli.
ElObeid. PortSudan&Wad Medani I0.0(x)
Tanzania DioceseofWesternTangan_vika 15.000
DioceseofCentral'I'anganyika,Dodorna 4.000
DioceseofKondoa 4,000
Diocese of Zanzibar 3.000
DioceseofLweru 3.000
Uganda DioceseofBusoga 5,000
Dioceseol'CentralBusoga It.500
Asia/Oceania
Bangladesh 5,000
Melanesia DioceseofVanuatuandNc\r'Caledonia 8.000
Mvanmar Mothers Union 6.000
NorthIndia DioceseofJabalpur 5,00t)
Pakistan Dioceseof Sialkot 6.936
Dioceseof Multan 5,000
DioceseofFaisalabad 5,000
Americas/Caribbean
Brazil Missionarydistrictprojects 8.000
DioceseofPelotas 9.339
Central Anrerica Cuaternala 7.000
Cuba 3,000
SouthAmerica DioceseofPeru 10.000
West[ndies -lamaicaandCaymanlslands 7.000
lliddleEast
Jerusalem&MiddleEast Jordan 4,500
AnglicanCommunion
AnglicanAlliance 5.000
314.966
2079gronEredesignotedtobeusedforCovidrelief
Africa
Burundi DioceseofMuyinga 5,000
Kenya DioceseofKitale L,163
Southern Afuca Diocese Niassa,Mozambique 5000
SouthSudan DioceseofMaridi 4,250
SouthSudan DioceseofJuba 3,540
Tanzania DioceseofRuvuma 3,250
Asia
Ceylon DioceseofKurunagela 6,9s1
Myanmar DioceseofYangon 1,250
Americas/Caribbean
Mexico 10,000
7,26333,741

31 December2O20
'
,lCrantsmade(Contd) lJnlestrictedRestrictcdUnrestrictedRestricted
Inconre Inconre lncome lncome
fLrnds funds lunds titnds
2020 2020 2019 2019
ffff
GrantstoprovincesoJtheAnglicanCommunioninlimesofacute need
Otlter grantsintimesofacute need
Grants approt,ed in 2020
Africa
CentralAfiica- Nlasvingo. Z-imbabu'e Schoott-eedingprogramme .1.500
1.000
IndianOcean-lVladagascar- cl,clonerelicf 9.500
South Sudan-DioceseolKajo-Keii 7l'l
MiddleEast
Jerusalerr&MiddleE,ast-LebanonreliefafterBeilutcxplosion 3.9,15
Yenren 625
Granlsappr<tvedin2019
Africa
Burundi - Othceequipment andtravelsupportfbr AbpofBurundi 10.000
Congo-HouseofBishops meetingvr.'il.hAbp ofCanterbuly 13.635
South Sudan -Healingrvoundsofethnicconl'lict 2.584
SouthSudan- TravellbrKenyan bishoptolacilitate trainingrvorkshop 937
SoutherrAliica-Namibia-SupporlfbrDiocesan SchoolofMinistries 10.000
Asia/Oceania
Pakistan.Peshar,var- T'ravelcostsfbr r,isit1brAbpofCanterburl, 500
Americas/Caribbean
Bahamas-llurricaneDorianemergencvrelief 5.000
MiddleEast
.lerusalem-Ner.lAmbulanceforStLuke'sHospital.Nablus l-697
9,070
1
,217 tr,437
Grants lo ProvincesoflheAnglicanCommunionforstrategicinitiotives
Strotegic Partnerships
Orctntsctpproled in2019 and 2020
Africa
Congo -ProvinoialstalfandDiocesan Representativesu'orkshop 20.000
Congo-Pertbrmancebasedmonitoring for national staff co-ordinatols I1.450
Congo-Consultancl,foraccountingsystem 6.000
Sudan-Capacitv developmentinthenervProvince 25,000
Tanzania-Strategic programmelbrasustainable Churchthroughthe
"ChurchandCommunityMobilisalionProgramme andKingdom
Savings andCredit" 48.000
20,000 11,450 0 79,000
4Grantsmade(Cont'd)
Unrestricted Restricted Unrestricted Restricted
lncorne lncome lncoLrc
Jncornc
funds lunrls fund. llnJr
)020 l0l0 l0l9 l0le
f Lf.f.
GmntstoProvinces of lheAnglican Communionforslrolegicinitittives
Generalprojects
(irontsapprovelrn2020
Africa
CAPA(icneralAssembl_vstralesic planning I 5-000
CAPA-Bishops'Orientation 15,000
CAPA- CCIUPenvisioningrvorkshopfor DRCongo.IndianOcean, WestAtiica
&South SudanProrinces 20,000
Keny'a-Suam-KacelipaKitale,Purchaseoftenmotorc\cles fbrmission oulreach r0.000
Kenya -Anglican Development Senices. Promotion ofgender equality r0.000
Mozarnbique- Nampula-Theologtcal educationandtraininginpasLoralcare 10-000
Nigeria-Ne*Busa, Fishlanning&inlegrated agriculturepro.iect 10,000
South Sudan-Juba,Radioengagementrvith local commmities&traurna healingtraining 10,000
]'anzania-Mt Kenla,RootedinJesus 5,00i)
l anzania - Kagera. Pajoma Project,Enfepreneurship trainingrefarmrng&treeplantation r0,000
WestAlrica-Sierra Leone-Bo-helpingrvomenin ruralareas.providing farming tools
elc to improre reqelable cultrratron 10.412
Asia/Oceana
Ceylon- DioceseofColombo-RelurbishrnentofChristChurch,Ilambantota 5.000
Mlanmar-Mandalay-Ofticeset uptbrnewmissionarydiocesein Homalinarea 9-922
6,078
Phitippines- VisavasMjssionarea -Multi-puqpose Hall forGood ShepherdTrainingCentre I0,000
South East Asia, West Malaysia- Penang- Microsoftcoursetbr blindandvisualh,impaired t0,000
Americas/Ca ribbean
Brzil-Dioceseof Brasilia -Strengthen DiocesanAdvocaclDepartment r0.000
[SraziJ -Missionary district of Oeste-Brazil- TAN4-AR gender vioJr.nce pro-ject 9.911
Brzil-DioceseolAmazonia-MissionarycampaigninManaus reuion 6,999
N'liddle East
Alexandria- Cambela- Youthmediaproject -sharing the gospelvta YouTubc 1]s't 514.
Alexandria-Egvpt-Clerg-vandJalleadershiptrainint 10,000
Grunts approtetltn20I9
(-,rontsnorkedrilhdil a,\ten\k ()hqveinportbeenredesgnqte.llbtOotrlreliel(seepctgel.l)
Africa
*Burundi, Muvinga-RootedinJesusdiscipleshipconference 5,t)00
CAPA -SafeMigrationandAntiHurnanTrafllckingprogramlne 12.731 12,_s00
Central Atica.Harare,Zimbabrve-Fiveyear strategicplanning&teambuilding I0,000
*Kenya, Kitale-Train clergyand readersinRootedinJesusDisipleshipProgramme s.000
Kenya,Nairobi-Capacitl, BuildingCentre totrain deprivedyoungpeopJe 5.000
*South Sudan, Juba-Training ofy'outhlcaders I0.000
+ South Sudan,Maridi-RootedinJesusdiscipleshipconf'erence 2020 _5,000
South Sudan -ProvincialcapacityDeveloplnentOfIcer 3.000
*SouthemAfrica,Niassa, N4ozambique-Rootedin.lcsusjuniortrarnrng 5.000
'I'anzania,Kondoa-Completion of VocationalSecondary School 10,000
*-lanzania, Rur urna-TntroducingAdvocacy, inclusionandcross-culturalengagernent 10,000
Uganda. NorthrvestAnkole - DisseminatingDiocesan StrategicDelelopmentPlan 2.000
Uganda-Safeguarding andchild protectioninNorthemand Eastem Uganda
.4sia/Oceania
Bangladesh. Dhaka -Improi,e qualitvollil-eofKhagrasoq,tribal communrtr 5,000
+ Ce1,1on,Kurumgala-Developmedia.publicationsand outreach1brBishop'soffice 9,.500
Melanesia-Rebuildchapeltbr CommunitvofSistersolMelanesia I0-000
Myanmar,Yangon -Creation ofanAlglicanCentre inYangon 5,000
Pakistan -Women onthe FrontLineretreat oell
Americas/Caribbean
Mexico-Asset bascdcommunitydevelopmentin fivedioceses 10,000
NliddleEast
Jcrusalen&theMiddleEast- Womenon theFront Lineretreat 6,500
AnglicanCommunion
Anglican Alliancecore support 20,00t]
Anglican AllianceResponseto UNSustainableDevelopmentGoals 20,000
ChuchPlanting netrvork 5.000
Enl ironmental Netrvork. NairohiConference I0.000
SaltChurch Commission2020 16.258
3,71?

4Grantsmade(Co nt'd)
Unrestricted Restricted Unrestricted Restricted
Incorne lncomeIncome Income
funds funds
funds
funds
2020 2020
2019
2019
ffff
G rantsforAngIicanCo mmunionrepresenl alionandconsultalions
Grlntsopproved in20I9and 2020
DioceseinEurope -AnglicanRepresentationatEuropeaninstitutions2020 16,080 5,4,10
AnglicanCentre in Rome-Core supporl 30,000 2s.000
An,qjicanCommunion Officeatthe UnitedNations- core support 25,000 35.000
71,080 6s,440
5Administrationand financecosts
Administrationandfinancecostswereasfollows Unrestricted Restricted Unrestricted Restrictcd
lncome lncome Income Income
funds funds funds funds
2020 2020 20l9 20t9
f f f T
Administration 367
StatIcosts 52.912 41.293
Office equipment depreciation 738 738
Govemancecosts-lndependent examiner'sI'ees 450 390
Banlicharges 1.572 190 259 190
56,039 190 42,680 190
6Offlrceequipment 2020 20t9
f f
Cost
At1Januarl'2020 2.954 t,400
Additions duringvear - 1,554
At31 December 2020 2.9s4
2.954
Depreciation
At IJanuary 2020 r,088 350
Chargefbrthe1,ear 738 738
At31 December 2020 1,826 1,088
Netbook value At31 December 2020 Lt28 1.866
TInvestments 2020 2019
i. f.
Marketvalue atIJanuary 2020 102,38699,526
Amountsrealisedduringthe1,ear
Realisedand unrealised investment gain/(loss)
(17,800)
t3,27120,660
Market valueat31 December 2019 1t5,657 102,386
CBFChurchofE,ngland lnvestment Fund - incomeshares 54,7M 51,208
CBFChnrchofEngland GtobalEquiq'IncomeFund-incomeshares 60,913st,t78
tts,657 102,386
Historicalcost 85,04985,049
8Cashatbank 2020 2019
CAFBankLtd 52,379 107,883
NatWest Bankplc 214,173 219,828
CBF Deposit Fund 47,800 47,800
9Reconciliation ofFundsand molementsonReserves molementsonReserves
L!r!)tr4!1!-lia41
(.jenerol
llesetrc
Toktl Restfictetl incomelintLls
l.r.!
lltshop
(iilililfirLlll\rnenonth(
lotuttotl\ llLt(ilirLl'li1t\t tltotc.;e
IruttI rnc
Sl l-tuke's
Ho,rpilal,
('Al'.1
Antthttnnn
lotll
testrictld
fm,l ltttrJ Ftmd.s Nablus ltdlliLktng tncott!
T r {t l;ilndt
AtI Jaluan2019 g)678
htcorne t1\:lg t7,l39t 130.000 28,7I0
t,691
I0,000 12.5003i7.298
Erpenditure
Charitable acti.ities
Administrationandlinarce
(9)4)gl
(.$711)
( r6r_901)
(re0)
( I30,000) (r6.323)(1,697)(r()000) il2.500) (332_4tr)
(r90)
Gailsor(losscsloDiI\estments 20.660
Netinqome fortheveu 20,833 20.833 12 300 t2.381 24,687
{t3IDeccmber20l9 13,511100,000 113,51112,300 - 12.387 2.1.687
Unrestricledfiiuk
GenerclReserue
Fuld
Fund
-lotdl
Iiqre\trictel
lutds
ReslriclediDcamelirnd-t
t/.1
Bishop
'logetherllomenonlhe
do\oliotl.tlktLllord7'rustittl-lntt

FrollrLtne
Appettl
Zilthoh\rc
SoulhStklanlat.tl
Yastiltgo\,ttldagiscotKulo-Kcji
resiltcted
tnc,ht
lf JTITI'TII
lncome 186,443 18614i 185.957 l40.rl9l
419.895

2.500

1.000
9__500 '717 760.060
Expenditure
Charitable actirities
Adrninistrationandfinance
(63,613)
(55,801)
(63_613)(159.328)
(55.80r) (190)
(r.10,49r)(r14.e66)
-
(t.000) (9.500)(711) (626,002)
(190)
Caursor(losscs) oniil\estrnents 13,271 t3.27t
\etiilcoure tbrlhevea' 80 300 80.300 26,+39 t04.929 2,500 r33,868
Traus lers between f'unds (il.26r) (1126r) (_18,739) 50,000 I1.261
At31 Decernbr'r 2020 82550I00 000 182.550 r54.929 I4.887 r69816
10,A.nalysisof NetAssetsbehyenfunds
UnrTfricledfunls
US Bishop Togelhet Womenonthe Zimbabwe Sotlhltlddn Total
Genetal Reseme domtiorc RadJordTrct inUilily FrciltLine MNingo Itladagascor Kajo-Keji
Fwd Fund
!.
JI Appul
t!r
lt
Fund balmcesat3lDecenrber 2020
are represented by:
Iixedassets
Olficeequipment
Tn\estments
t.t28
r5.657

100,000
'l,128
115,657
Cunentassets
Debtors
Cashatbank
134,743
32.315
11.222
I75.007
130.000

33,062
206.529 23 963 9500 '717 492,711
114ts)
Less
Cunent liabilities (10r2e3) (r86.229) (213_062) (51.600) (9.081) (9.500) (717) (s'11,482)
fotalnetassets 82.5-\0 I 00 000 54-929 1.1.887
Iin res'tnc'ted fu ntl.y Restictedincohehilil|
(ienetal llesenL US Bithop GutldJitrd llbnenon thc ,\tIttke't CAPA
Fund funi dondliow RtllonlInt't
dr..,,
Ir-uttini Hospital, Melanctio Atuihurun
Nabhts trufrckng
J + r
Fund balances at-11Decernber 2019
are reltresentedb1':
Fixedassets
Ofliceequipnrent I866 t.866
Invgstrnents 2386 100.000 t()2 386
Cun-entassets
Debtors 57 125 I30.000 980 10,000 r2,500 2u.205
Cashat banl< 85,051 218.242 20750 2t_46fJ 3?s_511
Less
Curent liabilities (r335r7) (135.942) (r50750) (e,08r) (980) (10,000)(r2_500) (5s2,1'70)

Restricted
Unrestricted
funds
Designatedincome
funds
funds
Total
Note 2019 20t9 2019 2019
f. f.Lf
Income
Donafions
GrantfromThe FriendsoftheArchbishop
ofCanterbury'sAnglican CommunionFund
UKdonations
Prioryem grants cancelled or reduced
t2t,999
1,375
7,904
327,484
17,500
12,300
449,483
18,875
20,204
Total donations 131,278 35',7,284 488,562
Investment income
lncomefrominvestrnents 3,675 - 3,675
Interest receivable 366 14 380
Totalincome 135,319 357,298 492,611
Expenditure
Charitable activities
GrantstoProvincesoftheAnglican Communion
intimesofacute need
tt.431 32,916 44,3s3
Grantsforstrategicinitiatives -
Strategic partnerships 79,000 79,000
General projects 80.992 155,065 236,057
Grantsfor Anglican Communionrepresentation
and consultations
65,M4 65,440
Totalgranfrapprovedintheyear 92,429 332,421 424,850
Administralionandfinancecosts
Administration
42,680 r90 42,870
Loss/(Gain)onexchange 37 -37
Total expenditure 135,146 332,671 467,757
Netincome(deficit) 173 24,687 24,860
Otherrecognised gains(losses)
Realised gain on investrnents 17,800 17,800
Unrealisedgain(loss)on investments 2,860 2,960
Net incomeforthe yearafter transfers 20,833 24,697 45,520
Fundbalancesbroughtforwardatthebeginning
ofyear (7,322) 100,000 92,678
X'und balancescarriedforwardat endofyear 13,511 100,000 24,687 138,198