THE ARCHBISHOP OF CANTERBURY'S ANGLICAIY COMMUIYION FUND Charity No 1078032 TRUSTEF.S' REPORT AND ACCOUNTS FOR THE YEAR ENDED 3] DECEMBER 2023 THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNION FUND OFFICERS AND ADVISORS TRUSTEES The Most Revd & Rt Hon the Archbishop of Canterbury Mrs Matiorie Bannister Mrs Marion M Dawson Ca Mr R Alec Dawson The Revd Dr Duncan J Donnor Mrs Pamela Wesley Gomez Lord Green of HU￿tp1erp0int Lady Green ot" Hurstpierpoint MT Michael J Hart Ms Anne Noel Jones Ms Beverley G Jullien Mr Chrislopher L Mann The Revd Barry E Nichols Mrs Suzannth J O'Brien Ms Adele Paterson The Rt Revd Anthony D Poggo Canon Andrew J Roberts Mr Julian V F Roberts The Revd Wendy Scoti The Rt Revd Timothy M Thornton Ms Julie L Wareham (Julie Noon) UK Chair UK USA USA UK USA UK Vice-chair UK UK USA UK USA UK Treasurer UK UK South Sudan UK UK New Z¢aland UK UK PRINCIPAL OFFICE Lambeth Palace, London SEI 7JU CHARITY NUMBER 1078032 BANKERS CAF Bank Lid 25 King8 Hill Avcnue Kings Hill. West Mallillg Kent ME 19 4JQ National Westminster Bank plc 169 Victoria Street London SWI E SNA CBF Church of England De￿)sit Fund One Angel Lane London EC4R 3AB SOLICITORS Mccarthy Denning Minster House. 42 Mincing Lane London EC3R 7AE INDEPENDENT EXAMINERS Borucki & Co 42 Radnor Road Harrow HAI I RZ THE ARCHBISHOP OF CANfERBURY'S ANGLICAN COMMUNION FUND TRUSTEES, REPORT For the year ended 31 December 2023 The Trustees of th¢ Archbishop of Canterbury s Anglican Communion FuTtd (the Fund) present their report for the year ¢ndcd 31 December 2023 Objectivu and activities Objecliyes and Ihepublic benef The principal objectives of the Fund are: to provide assistancc for the provinces or dioceses of the Anglican Communion at times of crisis in the Anglican Communion or the community. to support strategic initiatives to assist religious and other cl]aritable work of the Anglican Communion; and to provide official Teprescntation of the Anglican Communion at international iDStilutions and consultations including the Anglican Communion Otfice at the United Nations. There is no other substantial ￿Urce of funding for thes¢ purposes available to the Archbishop of Cant¢rbury which is accessible wholly for the general purposes of the whole Communion. The aim of the Fund is not lo supplant the generosity of individual parishes, dioccses or provinces, but, rather. to support the work of the Church locally on behalf of th¢ whole Communion. When planning the charity's activities, the Trustees have regard to th¢ Charity Commissioners, guidance on public benefit and in particular to the specific guidanc¢ on charilies for the advancement of religion. Signif￿an¢ aclivllies The Fund seeks and welcomes donations to finance its grant making activities. Each year the Fund invites applications for grants from the provinces, dioceses and ¢¢ntral institutions of the Angylican Communion. Grant applicalions may be initiated by the Archbishop of Canterbury, the Secretary General of the Anglican Communion and individual Primates OT Presidents of Regional Councils recognised by the Anglican Consultative Council. ForTrLal application and accountability procedures have been approved by the trustees. Grant applications are nornially considered at a meeting of the tr￿teeS held towards the end of ¢ach calendar year when the amount of tncom¢ available for distribution the following year is likely to be known. Thc Management Committee may approve grants to respond appropriately to urgent requests without undue delay. The Fund requires all recipients of grants to sign a grant agreement befo￿ grants are paid and to submit reports on the utilisation of the grants every six months and on completion of the project. The reports received are reviewed by a staff member when received and a report on these reviews is considered by the tnlstees at the nexl trustee meeting. Aims and aclivitiesfor the year. The main aims of the Fund for the year were: To maximise the income available for grants. To allocate the income availabl¢ to projects which ￿lfilled the objectiv¢s of the Fund. To monktor the submission of reEK)rts by recipients and to ensure that the grants paid hav¢ b¢en properly applied. Achievemenl and perfonnance In 2023 the Fund received donations toLqlling £578.223. This included £35,271 for the Personal Emergencies Fund and £1,500 arising from the cancellation or reduction of prior year grants. The Fund made grants totslling £499,457 of which £26,771 were grants from the Personal Emergencies Fund. Full details of the grants made in 2023 and thc PTevious year are sel out in note 4 to the ￿Ounts. Reports received from recipients of grants have been reviewed and procedures to ensure that reports are received on a timely basis are in place. Administrdtion expenses totslled £72.272 being 11.80/0 of. the total income of the Fund. Fundraksing costs totslled £28,772 bein8 4.70/0 of the iotal income of the Fund. During the year the Fund's investments incrwed in value by £39,672. FRnancial review The accounts of the Fund are set out on pages l O to 19. At 31 December 2023 the unrestricted funds carried forward tot￿led £78,709. In addition, the following Restricted Income Funds were held.. US donations £52,919 Retsined partly to m¢et grant admini%tration expenses in 2024 and anl to fund future Bishop Radford Trust £19,009 Retained partly to meet grant administration expens¢s in 2024 and I to fund future Womcn on the Front Line £2.500 Available to cover the costs of Women on the Front Line Retreats Id b Mrs Caroline Welb PEF Ca itsl funds £240,365 These fiuids are inv¢sted. PEF Rev¢nue funds £72,109 Available for PEF Hen Oldfield Tn￿1 £5,000 Available for rants to thc Wesl Indies In 2020. on the establishment of the Together in Unity Appeal for Covid relief by ihe Archbishop of Canterbury. the Fund transferred £50,000 (£11,261 from Unrestricled funds and £38,739 from fimds donated by the American Friends) to the Together in Unity Appeal as pump priming funds. In the event other funds raised by the Together in Unity Appeal w¢re only £21,436 l¢ss than the grdnts made. In 2023 it h&8 been possible for part of th¢ pump priming funds to be returned - £6.433 to Unrestricted Funds and £22.131 to funds donated by the American Friends- to be available to fund grnnt applicatiolls in 2024. £IOO,000 is retained in the {unrestricted) Reserve Fund which may be drawn uEK)n by the trustees in any y¢ar in which the income received drops by more than twenty per cent when compared with the previous year. The held in the Ruerve Fund (£l(K).000) and the bulk of the PEF Capital Funds (£233.888) are invested with the Central Board of Finance of the Church of England divided equally betw¢¢n two equity funds, being the CBF Church of England Investtnent Fund and the CBF Church of England Global Equity Income Fund (see note 8 to the accounts). Any other Surplus fi]nds are illv¢sted in UK interest bearing accounts. The principal funding sources for the Fund during the year were the American Friends of the Archbishop of Cant¢rbury's Anglican Communion Fund Inc. (the American Friends) £243,478 and th¢ Bishop Radford TnLSt - £130,000. Th¢ grants made during the year supported the key objectives of the fund as set out below. 2023 2022 Granls lo Provinces of ihe Anglican Communion in limes of acule need 78,369 59.904 Grants to support SlraleRi¢ initialives Io ￿51.￿1 religioxy and other charilable work of ihe A lican Communion Strale lner.shi 19.714 35,000 General ro ecls 249,603 Gran¢.Y .for Anglican Communion represenlalion and CQfLYuliali(Jni 125,000 122,000 Jrants h Per.ional Emer encies Fw 26.771 59.462 Tolal rants a roved in the 499.457 512,538 In 2017 a decision was taken to develop deeper relationships with a small number of provinces who wish to embark on well planned strategic developments but who cannot do so without external fundAng. These are designated as "Strategic Partnerships" Funding at a level of about £50,000 per annum per partnership for a period of up to three years is considered and third year grants have been made to the provinces of Sudan and Tan7ani& This progrdmme has been delayed bccause of the Covid pandemic. A grant of £19,714 w&s made during the year to the Eglise Anglicane Du Congo towards the costs of the Provincial T¢am for Justice, Peace and Recon¢iliation. In 2022 a grant of £35.000 w&8 made for IAMA. the Anglican Church of M07ambique and Angol4 the newest province of the Anglican Communi0￿ to assist with the establishment olthe province. The trustees have maintained the support given in previous years to the Anglican Communion Office at the United Nations and have continued to support the Anglican Centre in Rome and the work of the Diocese in Eun)pe in connection with Anglican Repr￿ntation at European Institutions. Plans for futhre periods. On l January 2022, the Fund took over the fundraising role previously undertaken by the associated charity The Friends of the Archbishop of Canterbury's Anglican Communion Fund. This is to simplify the activities and operations in the UK which are now wholly undertaken by the Fund. The American Friends of the Archbishop of Canterbury's Anglican Communion Fund. In¢ will continue to act as our fundraising arn) Tn America. The trustees aim to seek growth in the income of the Fund to enhance the ability of the Fund to provide financial support to the Anglican Communion and the international ministry of the knhbishop of Canterbury. In particular. as funds become available, the Fund is aiming to develop further strategic partnerships with individual provinces without significantly diminishing the funds available lo provinces in times of crisis. for strategic initiatives and for Anglican Communion representation and consultations. Strnctureg governance and management Governing documents The Fund was crcated by a deed of trust dated 12 November 1997 for the benefit of the churches and provinces of the Anglican Communion and the intcrnational ministry of the Archbishop of Canterbury. This deed has been amended by Supplements] Deeds dated 15 October 1999. 14 December 2016 and 20 October 2021. On 3 November1999 the Fund was registered in England as a Charity. Recruitmenl and appointmenl of new Iruslges The Archbishop of Canterbury, the Chair of the Int¢r-Anglican Finance and Administration Committee and the Secretary Generdl of th¢ Anglican Communion are ex-officio trust¢¢s. Five co-opted trustees are appointed by the Archbishop of Canterbury. Three trustees are nominated by the Anglican Consultstive Council (the ACC) of whom at least one shall b¢ a member of the ACC Standing Crimmittee. Two trustees nominated by the Primates, Standing Committee of whom at leasl one shall ￿ a member of the Primates, Standing Commillee. The Vicert on projeci progress is received. Trustees, ytatement of r£4ponsibility in relation to the accounts Under charity law, the Tn￿teeS are reS￿nSIble for preparing the Trustees. Annual Report and the financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the excess of income over exp¢nditure for that period. In preparing the￿ financial statements, generally accepted accounting practice entails that the trustees.. Sel¢¢t suitable accounting policies and apply them consistently" Make judgements and estimates that are reasonable and prudent. Stat whether the recommendations of the Statement of Recommended Practice have been followed. subject to any material departures disclosed and explained in the financial statements" PrepaTe the financial statements on the going concern b&sis unless it is inappropriate to presume thal the charity will continue Éts activities. The T￿￿fres are required to act in accordance with the trnst deed of the chartty, within the framework of trnst law. They are responsible for ke¢ping prop¢r accounting r¢¢ords, sufficienl to disclose, at any time, with re&sonable accuracy the financial position of the charity at that time, and to enable the Tnths to ensure thaL where any statements of account ar¢ prepared by them under section 132(1) of the Charities Act 201 l. those statements of account comply with the requirements of regulations under that provision. They have general responsibility foT taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. Reference and administration det4its Legal and athninistrative infOrn￿tiOn set out on page I forn]s part of this retx)rt. The tn￿teeS of the Fund at the date of this report are listed on pag¢ l. Those who served during the period since l January 2023 were: The Most Revd & Rt. Hon Justin P Welby the Archbishop of Canterbury UK Mrs Marjorie Bannister Mrs Marion M Dawson Carr Mr R Alcc Dawson The Revd Dr Duncan J Dornior Mrs Pamela Wesley Gomez Mr Michael J Hart ChaiT- Ex¥oITi¢io Elected Elected Elected Co-opied Elected ChaÉr Inter Anglican Fin8n¢¢ and Administrntion Committee Ex-officio (aptM)inted 16 February 2023) Nominated as Vice-chair by the Archbishop of Canterbury Elected * USA Elected UK C(Fopied USA Elethcd UK Treasurer- Elected * UK Elected UK Co-opted South Sudan Secretsry General of the Anglican Communion- Ex-officio UK c￿ONed UK Elected New Zealand Nominated by the ACC {appointed 8 May 2024) UK Chair Inter Anglican Finance and Administration Committee Ex-offi¢io (retired 16 February 2023) Cfropted Elected USA USA UK USA UK Lord Green of Hurstpierpoint UK Lady Green of Hurstpierpoint Ms Anne Noel Jones Ms Beverley CJ Jullien Mr Christopher L Mann The R¢vd Ba￿ E Nichols Mrs Suzannah J O'Brien Ms Adele Paterson The Rt Revd Anthony D Poggo Canon Andrew J Roberts Mr Julian V F Roberts The Revd Wendy Scott Canon Mawret A Swinson The Rt Revd Timothy M Thornton Ms Julie L Wareham (JuIie Noon) UK Members of the manag¢ll￿nt Committee Ms Safiya Nyirongo and Ms Donna Munyane7a were employed during the year by Lambeth Palace to serve as Chief Executive Officer ofthe Fund and Progrdmme Manager and Executive Assistant respectively. The Fund bea￿ their employment costs. Trustees Canon Margaret A Swinson retired as an Exryofficio trnstee on 16 February 2023 when she ceased to be Chair of the Inter Anglican Finance and Administration Committee and her successor in that role, Mr Michael J Harl became an Ex-officio tr￿tee in her place. At the Annual General Meeting held on I l Deccmber 2023, Lady Jay Green, whose period of otTice &$ a trustee nominated by the Friends had come to an end, w&8 re-elected as a trustee. On 8 May 2024 The Revd Wendy ScotL a mcmber of the Stsnding Committee of the ACC, was nominated by the ACC to serve as a tr￿. The trustees wish to thank the retiring tnL8tee for her valuable conlribulion as a trustee over the years. +Justin Cantuar: Chair 2024 Accountant's report Independent examiner's report lo the trustees of The A￿hbIshOP of Canterbury's Angliean Communion Fund I report on the accounts of the tn￿t for the year ended 31 December 2023. which are set out on pages 10 to 19. Respective r￿ponsIbIlItieS of trusteu and examiner The chatity's trustees are responsible for the preparation of the accounts. The charRty's tTUStees consider that an audit is not required for this year und¢r section 144 of the Chariti¢s Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to= examin¢ the accounts under section 145 of the Charities ACL to follow the procedures laid down in the general Directions given by th¢ Charity Commission (under s¢ction 145(5)(b) of the Charities Act), and to state whether particular matters have come to my attention. Basis of independent exAmiDer's report My examination was carried out in accordance with general Directions given by the Charity Commisston. An examination iTtclud¢s a review of the accounting ￿ordS kept by the charity and a comparison of. the accounts presented with those records. It also includes consideration of" any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedurcs undertaken do noi provide all the evidence that would b¢ required in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is lirnited io those matters set out in the slatement below. Independent Examiner's statement In connection with my examination. no matter came to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 130 of the Charities Act; to prepare accounts which accord with the accounting records and comply with the requirements of th¢ Charities Act have not been met" or (2) to whiclL in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. J l Borucki FCA Borucki & Co Chartered Accountants and Registered Auditors 42 Radnor Road Harrow HAI IRZ 2024 THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNION FUND STATEMEf4T OF FINANCIAL AcrJvrrIES For the yearended 31 Detember 2023 2023 2023 2023 2023 2022 Jn¢om¢ Grant from The Friends ofthtArthish¥J of Canterbury's An81i¢w) Communion Fu￿1 CJTanl from Amencan Fncnds of thc Arthbthp of Cant¢rbury¥ A￿1(an Cornmunion Fund Jn¢ DoDaiion5 rcc¢i To8eth¢r ￿ lJnily- Covid 19 ApF Donaiions 10 P£ts0￿1 Emerw¢￿ Fut)d Prior year gr8nts cancelled or Teduced 2.5 9,420 11,293 243,478 178,369 243.478 288.554 260.738 236,419 15.154 22,503 34.120 580.227 35.271 35.271 1.500 578.223 I la.￿5 439.618 IhveslmeK¢ Incon Income from inVe￿IMe11ts Intr￿1 rLKeivible 'oi*l ithtomt 3J86 18.791 140.782 6.089 3.875 9.475 9,405 22.666 2.413 610J64 592J145 xp¢Ddltu Churilllbltrtdl¥rfii*s Gyants 10 Provirtces of Ihe Anglicon Con¥ in tijm of&¢uie *wed Grants foi 5trllt¢8ic Jniii4livc5'. $ir￿¢81¢ pannersbip5 prTrJuL% GT4nts for Angli￿ C¢rnunity) JHK¢Jth and ¢onsulilltiths by Pl'rgonal [mer8¢ni￿¥ Fw Trt418Mnts Npproverfln iheye4r 29.550 48.819 78.369 59.904 350 17.329 19.364 232.214 19.714 35.(KKJ 249.603 236.172 125.Ll)O 26.771 4.52228 125.[ 26.771 499.457 122,0 59.462 112.538 47229 Adminisira¢i I￿￿{rJai[11 on ex¢h•n8e IS959 166 S&147 71106 166 2&7n 2&7n TolAI txpthdltu 92.126 601.465 Net in£omtlldefi¢itl 38,7931 9 4201 Reductioll ifft Tr*wfer t• c.ovid 19 fuA lQ4JJl Other rtcognistd giinslllo8￿I Re￿IsL￿ gainlllossl ort investments U￿re￿iSed 8sllVlI(￿) oh LlJWesU)Kr￿s 14J22 25JS• 39,6n 147,9421 Iyet MoveThtDt in Trufid 69AII 1191761 49W5 157.47ZI Fund balanLt5 brou8tLt forw¥td at Df yeat Iffl,0￿ 411,rn 521,076 578,548 Fu￿d b*lAnets t*rrltd fornvd #t tAd of yur 78.7Vg Iw.0￿ 391902 570 10 THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNIO]Y FUND BALANCE SHEET At 31 December 2023 Note 2022 Fixed assets oiriL¢ ¢quipm¢nt Investments 324.709 324,709 364.381 Current 485ets Dcbtors Due froin Friends of the Archbishop of Canierbury's Anglican Communion Fund Other debtors Cagh at bank 127.12? 760.595 887,717 4i,670 779.605 823.275 Liablllties Credilurs falling due within one year DUL to Friends ofthe Archbishop of Canterbury's Anblican Communion Fund Grdnls payable Other ¢redilor5 1.203 644.840 35.444 681,487 ?3.091 574.931 29.586 626,908 Net Current a55ets 206.230 196.367 N¢1 assets 570.611 521.076 10 Unre.%lrlcledlncomefunds Gen¢rdl Fund Reserve Fund Reslricled incomefunds 78.709 i 00.000 391.902 9,?98 i 00,000 411.778 570.611 521,076 +Ju5tin Cantuar: Chair of Trusl¢es Is M. 2024 THE ARCHBISHOP OF CANfERBURY'S ANGLICAIY COMMUNION FUI Notes lo the *ecounts 31 December 2023 I Con8titulion The Archbishop of Canterburgs Angliean Communion Fund (the Fund) was created by a deed of trnst dated 12 November 1997 for the benefit of the churches and provinces of the Anglie2n Communion and the inlernational minisiry of the Archbishop of Canterbury. This deed has been atnended by Supplemental Deeds dated 15 October 1999, 14 December 2016 and 20 October 2021. On 3 November 1999 the Fund was registered in England &s Charity No 1078032. 2 Accounting polieies The principal accounting policies adopted. jud8¢ments and key sources of estimation of uncertainty in the prepardtion of the ￿CoUnts are as follows.. Basiy of finaneiAI statements The a¢¢ounts have been prepared in accordanee with the Statemcnl of Recommended Practice.. Accounting and Reporting by Charities prcparin8 their accounts in accordan¢¢ with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charit1¢5 SORP 2015 (SORP 2015) as amended by Updated Bulletin l. The trll￿ is a public benefIt entity as defined by FRS 102. The accounts have been prepared under the histOri¢81 cost convention and include all transactions. &8sets and liabilities for which the trnsl 18 responsible in law. The trustees consider that there are no materi81 uncertainti¢s about the Trust's ability to continue as a going concern. Preparation of the 4c¢ounlg on a %oin% concern b9Si$ The trLisI 15 a grant making trust and only makes grants out of available income. During ihe year the trust had a net excess of income over expenditure of £9,863. Ai 31 December 2023 Unrestricted Reservcs totslled £200.840. The trustees arc not aware of any circurnstances that might affect the going concern status of th¢ trust in the foreseeable future. For this reason, the trustees are of the opinion thal the trust can be considered a going Concern for the foreseeable future, thi5 being a period of at least twelve months from the date of approval of lh¢ balance sheet. Funds Unre51ricledfvnds ￿ funds set aside by the tru.stees that are not subject to any restrictions regarding their use and are available for application on the general purposes of the trnst. De.signaledfvnds are general funds set aside for a particular purpose by the truslees. They are also unrestricted. Reslricledfvnds represent donations or grants received for a specifie objett or invited by the trustees for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaintng unspent at the end of the year must be cattied fonyard as a balance on that fund. 12 THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUIYION FUIYD Notes to the aeeouDts 31 Detember 2023 2 Accounting policies {CoDt'd) Ineome All income is recogryJi5ed once the charity has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when th¢ Trust has been notified in writing of both the amount and settletnent date. Lkgacies are recognis¢d on a case by case basis following the grdnting of probat when the administrator/ex¢¢utor for the estate has communicated in writing both the amount and settlement date. Interest on fi￿d5 held on deposit and income from investments is included when receivable and the amount can be measured reliably by the charity" this is nornlally up)n notification of the interest or investment income paid or payabl¢ by the bank or invesknent institution. The value of donated services is ￿[culated at the estimated cost of employing stsff to provide the s¢rvi¢es Concerned. Expenditure Liabilities are recognised as expenditur¢ 85 500n as there is a legal or con8truetiv¢ obligation committing the charity to that expenditure, it is probable that settlement will be wuired and the amount ofthe obligation can be measured reliably. Expendilure on ctrwitable activities comprises direct expenses incurred on the defined charitable purwses of ihe Charity and includes staff costs attributable to th¢ 8Ctivily. Granls payable are accounted for oncc there is a legal or wnsructive obligation to make a payment to a third party. il is probable that settlement will be required and the amount of the obligation can be measured reliably. Governance costs comprise of expenditure on wmpliarKe with and advice on conslitutional and slallltory mattcrs. As all expenditure can be 8ttribul¢d to specific categories no aprA)rtionm¢nt between headings has been necessary. Irr￿0Verable VAT is included in the items of expenditure to which il relates. Fixed assets Office equipmenl is dep￿lat￿ on a straight line b&8is over 4 years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired. Inveslmenls are valued at market value 8131 December Foreign currencies Transactions in foreign ¢urren¢ies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in forei￿ currencies are translated at the rate of exchange ruling al the balance sheei dale. All differences are taken to the profit 8nd loss account. Taxgtion The TrusL as a registered charity. is exempt from taxation on its income and gain5 falling within Section 505 of the T￿eS 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable objective5. No t&x charge has arisen in the year. 13 THE ARCHBESHOP OF CANTERBURY'S ANGLICAN COMMUT4ION FUND Notes to the *ccounts 31 Detembtr 2023 3 Prior year grgnts cancelled or red￿ted Prior year grants cancelled or reduced were as ftjlknvs.. Umestrictol Restr1¢￿1 UJJYestricted Restricted Inwtne Inwmc Income fvnds funds 2023 2022 fimds 2023 2022 Redtsdi(v 2022- South Sudan- WoTkslyJp for MAT 2017 Kenya- CaTe Centr¢ Proje 2017 Indonesia- Fmergency fkxwj rclief 2017 & 2018 WomeÈJ on Front Lir 2018 Bahamas Em¢Tgency rcjief 2018 Spouses Vin¢ Fund 2019 7.imEAbwe- Har4Te 5 Ycar plan I.5￿) 2,500 5.000 9.081 5.000 2,539 io.ouo 1.500 7,500 26.620 4 Cr#nt# rn•de Grants hpproved during th¢ yw W¢Te ￿ follows (Inrestr1th￿ Rtstrictd Unrcslrictsl Rewictcd InLX)m¢ IDwm¢ runds lund$ 2023 2022 funds 2023 Gr4*ts ioprowve¢s of*h#ARgllc4n CtwvmwRl•r in limu o14cMlenee4 ljranis opprov¢din 2Q23 Coo80- Pmvi5ion ofhum*Dilarign SUPPOrt lo IIuTdKU￿V area Sud•N- Crfsis 8rant to support the Churth after the 0[￿t of war 9.550 10.( 450 3&369 A51o/Ocet3n MyonM￿. Enh￿¢¢ frx)d s￿rity in lrt H￿Afi diotts¢ 10.0 Mlddl¢ E#st Jerusalem & Middle East- JenJ5alem- SupportforthThk of A]-Ahll F105pilaJ aftrr 01￿1 of w#r. io.cTh) fNrtIlll.f approvedin 2(J22 Afrlt Indian Ocean. mada8￿. Cy¢kme￿gencY relxf Suulh Su(lath- Emerw¢y rtlicf for displaced in A￿￿k lown Ugando- Support for hunger aflerted families In Karamoja rewon Zimbabw¢- Dioctx of M&8viny)- Miiiwion of hun8er and famine udents at Buhetadiocewj sLknL8 16,IXIII 3.076 10.460 9.736 Asio/Oceqn Ceylon. Diocesse of K4JnJTrEala. TE]ief to fwJJiliE5 PBkistan- Supw)rt for priesL following of wJkaB P3kistsD. FJwg¢ncy fkxjd relief 3.632 ii.wo 29.550 4&819 50.168 9.736 14 THE AACHBISHOP OF CANTERBURYS ANGUCAN COMMUNION FUND Notes tothe accounts 31 December 2023 4 Gr*ttts mad¢ Icont'd) Urwutrict¢d Rcsknc(cd UDTEstricled Restric In¢om¢ Income fimds funds 2022 2022 funds 2023 2023 Grantsth Provlmees oJtheAhtlleu CoThmvRyonlwstruiegi¢iwiii*iiweJ ietic Purtnerships Gn7nis approved iN2023 Afrit* Dcmocratic Republic of Crm8D. BuildjDgw￿tyOr PrnvittidTeam r Justsce. PellLYand Re¢(￿11*￿1 CirGnis t7ppro￿d 2022 350 19.364 35.000 350 19.364 35.(X)O (ynTtiis upprov¢din2023 Butundi. Diocese of BlltU8A. Rttrthbiljtsvonof Bthkcollege BunllLdi. DI￿¢5¢ ofBuye. Rchabiliwion ofBible Cd1¥ Burundi- R¢treal for Howof BL%hty8 Coun¢il of An81i¢an ProYin¢es ofAfn'u. Le&¢k*trusfww•t•x us CCMP mod¢l ¢n Lswauni PM L117xbrJh Thocw¢s Council ofAn¥icthn ProvirJL*S ofAfnu. Str¢n*n the of thrte Theolo￿¢01 F.d￿*1(XI I￿￿tU￿OI15- Bibl¢ CoJk8¢ ITaDtsni*l. 81 Nichol￿ I(1)￿1, Westha8• ThthJL4J ColleBe IKaEyil Kenya. AngI￿an DNrlopthxni Kwi. Mainstr¢￿￿11h￿1Q￿¥ In I￿1￿¢•1 PTauices suth￿ab￿ Ewth South Afn¢o. Dw¢ue of Port L117thth. PhIl￿1$mi Ab F.du¢•iion And Peeding ProJeL S¢￿￿ Ar￿￿. Att8lic4n Church QfsrthAfr￿. to prthno* AttdA¢¢ityh the L¥m￿th C8IL* thrtwh t]* N¢XMThk and lir&n ofAfn S(XLth AfncD. D￿£5¢ of CapeToMI. Si Jdth'3 Izth¥hip A¢•Juny. forniin8 piorK¢nD8 sh¥rtd ¢hur¢h lea(kn% for I￿1 ￿leXI. ran￿11- Th"(*t4eof PthK)Ja ProJttL Buildin8 th •bilityof 10.(K)o 10.th) 20,(X)O 10.(o) 10.w) T8Th7An￿. LkAdetship rnnin8 fw28 bthFe in T￿￿1• iO.OLWJ BallW•de5h- D1o¢fsuofiY￿k￿ Rushtii Ind B*"5hd. Buddin8 th¢ 8er*ra¥i(A) to b￿•m¢8￿ adive pthof the Cbwrh w play •wl rokin the ruiure. India. Church ofs(Mrth Indw. EmFthV¢Xm8 Dalrt knd Adiv751 wqrn lo 10.5¢YI lo.¢￿) India- Chwch Cjfsrrtllh India- Pmidill8 8faDts io DAJil and AdEY4Si thwJo8itai sru¢kDL8 ￿ rthdthcrtb￿1wll ejuwi￿. IndiA. Chw¢h of Indii H(Kne CRTe Nw5Eng Proya My¥JLmor. 8ittwE th￿¢3C. ofC•llthl riK)fdm￿d ty the M(Kh• cyclone PakistllTr. r)i(Kese ofPeshaw￿. forst Luke'5 Abtwa Srk L8oka. Chwth ofceylon. K￿￿￿EllI& DKKYS¢. D¢v¢l(w oftxw 10.c 20.(XM) io.(KK> 9.135 A•erf¢ws/Cniibberfn iO.(XK> 17J29 183.3(K) 15 7HE AROIBW OF CAi¥fERBURfsANGLICAN COPMLINION FUND 4 made ICoDI'd) 2ff43 2023 2022 2022 Genewlpmiects Grorfsopprovedin 2023 Iconi'd) Brought fvt AAtllc4h C•JfvJ[w￿¥th At¥lican Allwkx. Ftyt51 knitmtive WoTnenon the F￿1 Line.Trwnir8 for WLL4tgofBthy Grnnliapprmdln 2022 17J29 183J06 28.961 di- REhUbillWK￿ Df PrvvirK￿ olTKe Democrtic Aepublie ofC0]w. DILxc*of ￿l￿n.TI￿￿r￿￿rnl￿rfOrdQryI •nd181ty on sts8*p¢$ for le*Jenhiw rnwion, mTr8elisin tkmDcrnti¢ ti¢putrAi¢ ol'Lsw. COMM￿￿ty1Th￿f0rn￿an I￿ the coniextofconfliL* RePUbt￿ ofC(w. DILwe of]ky. Pro￿10￿1renlthn 10.1 10,108 GhsnB. Sftate8ic dOveknr￿￿ rmJt Iu. 85.049 325.049 9 Cx5h at bank 2023 2022 CAF Bank Ltd Natwest Bank plc CBF Deposit Fund 142.691 209,510 30,104 57,295 587,800 511800 760,595 779.605 17 Ai l 53.19) IWL 425.J 13& IAD ijyi 41A.wi ($9.W) 15.717) 11&15D 1*9JI) iiJJvyJ 143.rt) ltr) IJ07*) I13￿ Aijl Dt JSJ 433 AiJ1 324.7 IWA* 4SA$7 69> J)Ji 59.YPJ iJér. 255* XAJII 57.llz IIDI.759 C*thaLb J•1 iA¥r I)JID ¢iiwii 13SW2) IIIJJ>J 7411 570 THE ARCHBISHOP OF CANTERBURY'S ANGLICAN COMMUNION FUND Notes to tbe *¢eounts 31 D¢temb¢r 2023 12 Comparatives for Stxtemertt ol Finantial Activiti¢g 4lystd between funds Restricted Unrt5tri¢Aed Designated income funds nds 2022 2022 Total 2022 Nc 2022 Income Donations fJrant from'The Friends ttf thc Archbisknp f Canterhutys Ang]i¢an communi￿ Fw)d Granl fr()tn American briends of the Archbishop of Canterbury's A Thg]iw C.ommufiion Fund Inc I)onations received Together In Unity- Covid 19 Akwl Donations to Personal Em¢rg¢ncies Fund Prior year grants cancelled or m4u¢e Trtol donations 8.793 2.5(K) 11,293 260,738 130,000 15.154 22J03 26.62 437.315 260.738 236.419 15.134 22.503 34.120 580,227 106.419 7.5(K> 122.712 Income from inves¢mthts IntLTcsI rcceivable Total income 3J61 1.971 128,044 9.405 2.413 592.045 442 464,001 Exp¢ndllure Churilnble acrfvltles (irants tu Pr(>vin¢ts orth¢ Anglican Communi in times of acule neL.d. Grants f4)r strnicgic initi8tiv¢s- Strdtegic porthership 6en¢ral projects GrnnLs for Anglican Communion representation and consultations Grants by P¢rsonal FAnu8enci¢s fund Trtalxmnts opprowedin iheye4r 50.168 9,736 59,904 35,(JJ) 182.953 35.0(X) 236.172 53,219 In.043 111.957 59.462 399.1118 122.000 113.430 512J38 Admlnlsirndoft 4ndflrt4hee costs Adrnini5tration LO%￿{clain) on ¢x¢hon8e 16J16 (591 47,747 {59) F4ndrnI￿fi8 costs 25.123 Tot#1 expenditsre 154.7111 446J55 601.461 Net IM¢•meJldefacat) {26,666) 17.146 (9J211) Other reeognised gfilnslllo￿Cs} Realised gain on InVc￿Ments ljnrealised gainlllos5) on investhjert (17326) {30.726} (47.9521 et iNcome for the ye¥r •fter traTrsftrs 143J921 {13J801 (57.472) Fund balances brought forward ai thc lry'nning of year 53.19) loo.￿) 425.358 578,548 Fund b#l*Jee5 C8rried torward atend Of yur 9.298 I(￿,1￿￿1 411.778 521.076 19